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Home My WebLink About0789 r 450'712 ~ ~ • BUILDING D , THI3 MORTOAGE DEED. mads and s:ecuced the 1 ST d.r ot June . 19 79 br ponna Walker of 2408 Millyro~e Rd. Pittsburg?~. P~ 15241 b~erinatt~ ta1Md tM Mottsaaot. whith teren ~Aall iaclude tM heira. le~l repreNOtative~. ~ucces~ors ~nd ~asiga~ ot tM aid Mortg~or wberever tl~e eonte:t so require~ or admita. to TURTLS AEEF A3SOCIMfE3, INC., P.O. Bo: 618. Jeussn Be~eh, FL 33457 MerinaRer taUsd' tbs Mort;agee, which te~m dWl iaeluds the sucos~wrs aad assigns of the sai~d Mottg~s wAerever the conte:t so requires or ~dmits. WITNS33ETH: 71ut tor dsvers good aad valu~bk ooasiderations, and ~lso ia coasidentiQn of the aggng~te sum wmsd in tl~s promissory aote ot even datr Aero~ritA bereinaRer desc~'bed, the eaid Mortgagor does 1~ereby sraa~, barsain. ssU. alien. remise, reiease. oonvey ~nd confina unto the s~id Matgages, his heira sueosssors aod . ~Miaas. dl tM oeirtain pieea..., puceL... or tnct.... ot land. of wAich tbe saia Mortg~or is now ~sized and po~sss~sd aad inattual poessssae, aituate in the Connty of 3t. Lucie and State o( F~orida, destribed as folk+wx Unit Weeks 51 and 52 in Condominium D 32 - consisting of Apartment Number D 22 and its undivided share 1~ ~ of the common elements of Turtle Reef Condominium I, as such is described in the Master Form Deed, recorded in Offzcial Records Bo~~~ 263, Page 2002. This is a purchase money mortgage. It iu turtber agreed between the perti~ w this mortgage tlut. in addition to the term~ ~nd conditions set out 1~. if ~ oonvsy~aoe sbould be m~de by the Mortgago~ of the premisee 6eiein dexribed. or anY Qari thereot, wit6out 6rst obt~ining both the written consent ot t6e hoWv bereot, wd ~a assumption ot this oWigatioa, in writin~. by tbs new proposed Grantes. tl~eo, and in that event, at the option oi ths bolda haeof. without notiee. ~Il snms of moasy secured hereby shaLL immediately and ooncurrently with sueh oonvsyaace. beoome dw and p~yabls and wid Note ~nd Morts~gs sAap be in detault. TO HAVE AND TO NOLD the ~ams, to~ather with all and singul~r the tenemeats, hereditamenta and ap putt~aoees th~nto bebnging or in aaywise appert~ining and t~e r~eversion and revereions. renuinder and rs m~inden. rents. isaue~ and proBts t6areot and also all t6e estate. right. title, interest. P~Y. P~~• eWm ~nd dem~nd wlutsosver a~ wtl) in law es in equity ot tl~e eaid Mortg~gor in and to the same and evsy part aad parcel thereot unto tM said Mortgagee, and hia 6eirs, succeseors and asaigns: in tee sunpk. Aad said Mortgaqor. (or himselt. and his heirs. 1eaa1 representatives. ~uccesaon and assigns. hereby aonven~nts with said Mortgsgse. !~s heirs. legal representatives. sucoessors and asaigns, th~t e~id Matgagor is indefeasibly ~ed of said laad ia tee simpk: that tM s~id Mortgagor 6as tull power and lawful right to convey tbe same in fee simple ~s aioresaid: that it s1uU be {aw~tul for s~id Martqa~ee. his liairs. kgal repr+ese+itatives. sue~s and assigns. at all tia~ pe~ceaWy ~nd quiatly to eoter upon. Iwld. occupy and enjoy said land and every p~rt thereot: ~ Q tiut s~id land 'u free from ~ll ineumbranas: that said Mortgagor. his Mira. kgal representativ~. suocessors ~nd i assign~, w~71 m~lce sueh turtl~er ~ssuraAas W pertect the fee simpk titie to said land in s~id Mmtg~gee. ~ his beirs, lega! repre~eot~tives. suec~sore and assigns. ~e may re~so~nably bs roquired: aad that e~id Mortg~grx ~ • does bereby fnlly w~met the titk W said lend and every p~tt thaeof and w~71 detend the s~me againet the lawtul eLims of all pereoas whomsoever. It ia understood that each of the worda. "note... .•mortgagor.. ~nd ••mortgagee. respectively and t6e pro~wuns C ~ ~ referring thereto, whether in the singular or plural anywhere in this cnortgage, shall be aingulu iE one only and ~ ahal! be phual jointly and severaUy, if mor+e than one, aad shall be rn~sculine, feminine and/or neuter, whenrver ~ the ooate:t so implies or admits. ~ ~ ~ ~ ~ ~ l Md aid Mortgaaor for himselt and his heirs. kaal eep~'esent~tiv~. suaessors and assigns. hareby eovenants and a~res~ W u~d witA said Mortgaqee. his legal representatives. snocessors snd assigas: ~ ~ 1. To p~y all and sinRular the principd and interest and the varioas and sundry snms ot money payabk by ~ Q virtue ot s~id promiasory note. and this rrwrtgage. e~ch and every, promptly on the deya reepectivdy the saine ~ ~ severally becotne due. ~ ~ ~ 2. To pay all ~nd aingular the tues, assessments, kvies, liabilities, oblig~tione and incumbnncea of every ~ naturo and Icind now on said dexribed property. ~nd,'or that liereaft.er a~y be impoied. snfferod. placed. {evied or asses~ed thereupon. and/or that here~ft~r may be bvied or assessed upon this caortgage ~ad/or tl~e indebtedne~ seeured hereby, each and every, wAen dne and p~yabk ~toordinR to law, bsfore tbey bsoome delinquent, and before any intenst att~ches or any penalty is incurred: and in so t~r as any thereof is ot record th~a same ah~ll be promptlY eatisfied ~nd disclurged of record ~nd the original offcial documeat leuch es. for inetanoe. Ne tu ~ r~oeipt or tbe satisi~ction p~per officiaUy endorsed or eertifiedl ~hall be plaaed in the h~nds of said Matgagee > witl~in teo days nsst atter payment: ~nd in the event that any ther~eot ie eot so paid. satiafied and disch~rged. ~ eaid Mortg~gee may at any time p~y tbe same or ~ny part thereof witho~t waiving or aftecting any option. ~ lien, equity or rigfit under or by virtue ot this mortgage, and tAe fiill amount oi eacA and every auch pa nt alull ~ bs immediately due and p~yabk and a1W1 beir interest from the date thereoi nnt~7 paid at the nte ten ~er ~ oenturn per annum and together with suth interest shaU be secured by t6e lien of this mortgage_ g 3. To pl~ce and oontinuously kesp oo the buildings aow or here~ftrr situate on said lsnd fve a windstorm ~ ~ insurance in the usual standard policy torm, in a sum not {ess t6an the amonnt due hrreon, in ch oompany ~ or companiss ~s may be approved by said Mortgagee: and dl suc6 insurai~ce pdicies on any of said bw7dings. any ~ interest therein or part thereof. in t6e aggregate sum aforeaaid or in e=cess thereof. ahall oontain tbe uawl ~ rtaadard mortgagee clause m~kie~g the los~ under said policies. e~ch and eveq?. P~Yabk to said Mortgagee ae his ~ mt~e~t m~y appsar. and e~cb and every sucb policy s6~ll be promptfp dsBvered W and held by ~aid Mortp~ ~nd, not less than ten day~ in adv~aoe ot che e:pir~tion ot eac6 policy, to deiiwr to aaid Mart6~~ • e~o~wv t~reot. togethsr with a recafpt for the premium ot snch renewal: ud tl?ers shaU bs no such ina~ranes pl~ad on ~ny oi said buildings. any intereet tl~ein or part thereof. unls~a in t6s fo~ ud with tM bss p~yable ae atore~aid: and in the evrot wy ~um ot money becomes p~yabM under such policy or policies and ~aid Matgagse ~ ~ BtI~KtJ~~ P~GE /p7 ' ~ - - - -