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Home My WebLink About0779 e _ / BUILDING "D" 4~7u8 ~ ~ . ~ THi3 MORT(iA(iE DEED, made and e:ecuted the .~d~y o! ~Une 19 79 by Tulio Estrada and Carol u. Estrada, his wife of 16A Clarkson Rd., ~ Columbia, Mo. 65201 ~ h~ninaftar called tM Mortp~x. wAich t~m ~Aall iactude tM heirs. le~~ rop~~seat~tive~. sueo~tw~s and a~sian~ ot tM ~tid Mortg~ wharevu the eontest w repuiro~ or ~dmits, co TURTi.E REEF A3~OCIATE3, INC., P.O. Bo: 818. Jenssn Be.ch, FL 33a59 ~tt~ uUd' the Mort~~gee. which term s6a11 iadude ths sucesswn aad asaigns oi tbe said Mort~~s wherever the rnnta:t so requires ar ~dmits. ' WITNES3ETH: That for devers ~ood and rnluabk oonsideiatione, and also ia ooasideratipn ot the ~egate eum aaned in the promissory note ot evea date herewith hereinatter deseribed. tbs atid Mortg~ does hereby sran~ b~r~ain, ssU. aliea. remise. rele~se. ooevey aad confvm uato tl~e aaid Mortaa~se. his heirs. wcass~ors and ~ai~s, all the c~t~in piece..., paroei.... or tnct.... of land, ot whicA ths eaid Mortg~ b now ssised and po~sssesd ~nd inaetual posseasioa, situate in the County ot 3t. Lucie and 3tate ot Fiorida, described as tdk+we: - 19 ~ Unit Weeks 25 and 26 in Condominium D ~t~ c consisting of Apartment Number D - 19 and its undivided share of the comnon elemerits of Turt12 Reef Condominium I, as such is described in the Master Form Deed, recorded in Official Records Bcok ~ 263, Page 2002. This is a purchase money mortgage. 1C is tuKher ~greed between tAe partie~ to tAia moKgege that. in addition to the terma u~d conditions set out h~in, it a eonveyaoce should be made by the Mortgagor of the procnises herein described, or any part thereot. withont 8rst obtaiaing both the writteu consent ot t6e MWer bereof. aud an ~ssumption ot this obligatioa in writina, by ths new proposed Gr~ntes, then. ~nd in that eveat, at ti~e optan of t6s boWer hereof. withont notice. ~11 ~ums of a~oaep secared t~ereby shaU. immed'utely and ooncurrently with aueh oooveyanoe. beoome due and pay~bM and ~aid Note and Matsags sl~ap be in detault. TO HAVE AND 'ib HOLD the same, to~ether with all ~nd singul~r the t~ements, hereditaments and aP purt~anos~ t6are~nto bsbngiag oc in ~nywise appsrt~ining and tl~e rev~rsion and reversiona ~~nd rs m~indees. ronts. iss~ and profits thereof and also aU the estate. right. title. interest. P~Y. P~. el~im and dem~nd wbatsoever ~s weU in law ~ in equity of the said Mortgagor in and co the aame aad every part atd p~roel t6ereof unto the said Moctgsgee. ~nd hia heirs. soeceaeors and ~asign~. in fee simpk. . And said Mortg.gor. for himseU. and his heirs. kaal repressnativee. ~ucce.,~ors and ase;gns. l~eby coev~.ncs witA said Mortgagee. his beiro. legal rePresentatives. sucoessors and as+igne, tbat atid Mortg~gor is indateaai~ly seir,ed ot said land ia fee simpb: that the said Mortgagor Aas tull power and law~tul rigbt to oonvey tbe same in fee simple as aforesaid: th~t it shaD be lawfnl tar s~id Mortgagee. his heirs. kgal rep~entatives. ~noee~ors end assigas, at al! timss P~~~Y ~ 9~Y to eeter upon. hold. occupy ~nd esjoy said W~d and every pert tMreof; tlut s~id 1u~d is [ree irom all incumbnnces: tlut said Mortgagor. his hein, legal representatives. suocessore and assigns. w~l enake sueh forther aasuranoes to pertect the fee simpie titie . to said land in said Mrotgagee. his heirs, leg~l ~ r~x~esentatives. encc~asors ~nd assigns. a~ m~y ee~sonabty bs required: and tl~at eaid Matgagor doee hereby fuUy warrant the titk to said laud and every part thereof and w71 detend tbe same against the i lawful claims of aU peraoas whomsoever. it is underscood that e~eh of the words. "note.., .•moetgagor.. u~d ••matgagee•. respectively and tbs prawuns ~ ~ reterring thereto, whNher. in the singulsr or plural anywhere in thia mortgag~e, s6aU be singulu if one onty and shall be plural jointly and severally. if more than one. ~nd stuU be feminine andlor ~nter, wi~+ever ~ ~ tbe oont~t so implies or admite. $ ~ And t~id Matg~~ for himeelf and his 6eirs. iegal rspresertativea. suecee~ora and astigns, hereby oovenants ~nd ~ ~ ~ agrae~ to ~nd wiW said Mortgagee. his legal representativee. suoceasors ~nd ass~ns: ~ 0 ~ • 1. To p~y d! ~nd singular tl~e principal and inter~st and the variws aad s~adry sums of moaey psyable by n virtue ot eaid promissory note. and thie mortgege. each and every. promptly on the daye respectivdy the same ~ severally become due. - ~ ~ 2. To pay aU and singular the tues. ~ssesamente, k~~es, liabilitiss, obligatioas ~nd incumbcanoes ot every N~ ~ natnre and kind eow on said dexribed property. sndlor tlut hcreafter may be imposed. suffared, pt~ced, ievied ~ + ~ ~ or aeseued tbereupon, andlor tliat hereafter may be levied or ~ssessed upoo this aartg~ge ~nd1~ the indebtedness ~i ~ sscured hueby. e~eh and every. whea due tad p~y~bk aceording to law. bsfo~e they beoome ddiaque,s?t, and ~ betore any intereet attaehes or any penalty is incurred: and in so t~r as aaq thereof is of racord tbe sams shall be $ promptly wtisfied and discharged of reoord ~nd the ori~eat official documenC (sucl~ as. for instanoe. the taz ~ ~ nnipt or the eatisfactan paper officially endoreed or certifiedl slull be plaosd in the 6~nde of wid Matgagee ~ withia ten days ne:t ~fter p~yment: snd in the event that ~ny thaeot ii not so paid. atisfied and aisch~rged. ~ Q said Mortgagee n?~y at any time p~y the same or aay part tl~eot witbont waiving or affecting any optioa ~ ~ lien, equity or right undsr or by virtue ot this mortgage, and the fuD amonnt of e~ch ~nd every snch p~ymeat shail ~ ~ ~ bs iauaediatety due ~nd p~yabk and shall be~r intenst irom the date theneot nntil pud ~t ibe nte ot ta~ p~ ` ~ cesWrn per annum and togeiher with such interest shaU be secured by the lieo of this mortgage. ~ 3. To pt~os and continuously kesp on tl~s buiidings aow or heceafier situate on aaid lana fire and windstorm ' insurance in the uswl atandard policy fonn, in a sum not bss than the emount due hereon. ia such oomp~nY ~ or companies as may be •pproved by said Mortg~gee: and ~ll sacb insur~noe polides on any of said bu~7dings, any ~ interest theroin or part. thereof. in tbe aggregete sum afor~said or in ucsss thereof. ahaU oont~ia ths uaual - ~tandard mortgagee clause making t6e los~ under said policies. each aad every. P~Yable to eaid Mortgagee as hi~ interert m~y appsar. ~nd e~ch and every such policy shall be promptly delive~ed w and beld by s~id Mortgaps:. and, not lese tlun ten days in ~dvance of the e~fration of e~c6 policy. W ddiv~r W~aid Mart~~ • na~wd ~ , thereof. together with a reoeipt tor the premiuro of such reaewd: ~nd theee sha11 be no sucb inauancs P~~ad on any ot said buildings. any interert therein or part theraof. unlsM m ths form aed with tM {oss p~y~bie as ~foreMid: ~nd in the event any wm ot ma~ey beoomes p~y~bk under weh poliey or policies and wid Martg~ge~ ~ i t - ~~P 3~.2 ~A~E 777 900K • , . _ s-~.~:~. ~ - - - - - ~