HomeMy WebLinkAbout0804 .
BUILDING "D" ~~'~18 ,
THI3 MORT(3A(3E DEED, eaads ~nd esecuted ths ~.~day of ~y 1~ 78
~ Elizabeth E. Edwards of 13161 SW 7th Place, Fort Lauderdale, FL. 33325
e.nin.te.r calka ch. blort~. wtucb t~m .h.u incluae cb. I~eirs. k~aal rep.~...natiw.. .ueo«.or. .aa ...i~,.
ot tbs sdd Mort~agor wherever tbs eontest ~o requires or ~dmits.
co TURTI.B REEF A390CIATE3, 1NC.. P.CL Bos 818. Jensea Beach. FL 93~b7
Aeninaft~er calkd' the Mort~gee. ~rhieh term slu~ll iacluds the successors and assigns of ths
said Mortsages wherewr ths coate:t so ~equires or admits.
WITNE3SETH: 'lLat tor devers good and valuabk oonsider~tioae. end ~Iso in ooasidetatiqn of the agaregrte aum
aamsd in ths p~niswrq ~te of even d~te herewith hersinatter described. tbs said Mortgagor does hereby
~rant, b~r~ain. sell. aliea. remise. release. oonvey and coafirm uato the aaid Mortg~aee, !us heirs. suoosssors and
ysi~ni, all tbs ceetain pisce.... pareel... or tract.... ot land. oi which the said Mortg~ is now seized and
poss~ssed and inactual pweession, aitu~te in the County ot 3t. Lucie and 3tate ot Fbrid~, described as tollnws:
Unit Weeks 43 in Cond. D-~~d Unit Week 23 in Condominium D-21 ~~Q
res ct vel (j ~
consisting of Apartment Number D-16 & D-2I a~id i~s ~1~idivided sh?r~:
~
of the common elements of Turtle Reef Condominium I, as such is ~
described in the Master Form Deed, recorded in Official Records r~:`~
263, Page 2002. This is a purchase money mortgage.
- r ~ ~ ~
- ~
It is furthsr a~reed between the p~rti« to this mortgage that. in addition w the terma and conditiona ae: v 11 G D ;
out berein, ii a conveyance should be msde by the Mortgagor of the premises hereia dexn'bed, or any par~
tl~eot, without t~rst obtaining both the wnitten consent of t6e hold~ hee~sot, uid an asanmption of thia Z~ ~
obligation. ia writing. by tl~s new propoeed Grantes. tAen. u~d ia that event, ~t t6e option ot the hoWer he~eof. ~ D m :
withont" notiee. all sums of aaney seeured h~reby shall. immcd'utely and ooncurrently with snch oonvayanoe, become +A ~
dus and p~y~bk ~nd said Note and Moetgage shall be in def~ult.
_ . , ~
t;"•'.t~i ~
TO NAVE AND TO HOLD the ~ame. to~ether with all and siugular the cenements. hereditammts and a~ ~'ti ~J;,'• t•,~{
. .~r--,
purteoanoes tnareunto . b~bnsing or in anywise ~ppertaining and tl~e reversion aad nveraions. rea~aindsr and r~ ? ~
mainden, rants. usnes and profits thereof and dso all !Le estate. right. title. interest. ProP~*tY. Posae~eioa cLim and : ~ t ~-r ,
detnand w6atsosver as well in law aa in equity ot the said Mortgagor in and to the aame and every put and ~ ~ G'
paroel thereof nnto t6e said Mortgagee. and his heirs. successors and ~seign~. in fee simpk. ~ ; 3 r
Aad said Mortg~gor. for himself. and hi~ heira. legal representativee. successors ~nd assigns. hereby oonvenants ~ t
a j"
wic6 said Morcgagae. Ws be;rs. kgal re~catives. succeesors ~nd assigns. ciut said Morcgagor is iadefeasibly i ~ ~ J .
ssired of s~id laad in fee eimple; that the s~id Mortgagor has fuU power and IawEnl righC to ooovey t6e aame in fee ~ t-;'
~impis ~s ~foresaid: that it shall be lawtul tor said Mortgagee, his heirs. Isgal repebsentatives. suaeeasors and asai~. ~.r -
at aU tiaies pe~oeably and quietly to enter upon. hold ooeupy ~nd eejoy said lat~ ~nd everY Pa?t thereof;
; that said land is iree irom aU incumbr~nua: tlut s~id Mortgagor. his lisirs. legal represenutides. s~cce~eors ~nd
will make snch further assunnoes to perteet the fee simple title to said W~d in said Mrotgagee.
his bsirs. legd representativee. sucoessore ~nd assigns. aa m~y re~sonably bs required: aad tAat said Mortgagor
j doee 6ereby fully warrant the titie to s~id land and every part theeeof ~nd w~ll defead the aame againat the
~ 1~wtu1 claims ot all per~oas whotnsoever. -
i .
~ It is understood tfut each ot the words. "note•.. • rnortgag~or•. u~d ••matgag~ee•• respectively and the proaouns ~
k referring t6ereto. whether in the singular or plunl anywrhere in this mortgage. shall be aingular if one onty and"
s6a11 be plnral jointly and severaUy. it more than one. ~nd shall be n~seuline. feminine and/or ne~ter. wl~ever ~
~ t6e caote:t so implies or admits. ~
¢ And aid Martga~ for himself and his beirs. bgd rep~esentatives. euoeassocs u~d assigns. hereby covaunts and ~
agrees W~nd with said MoKgtgee. hia legal representatives. sueoeasors and ossigns:
~ O ~
~ - '
~ 1. To psy all and aingul~r the principal ~nd interest ~nd the variws ud sundry sums ot money payabk by S
virtae of aaid pmmissory note, end tlus mortgage. each and eve~y, promptly on the days respectivdy tl~e same ~ ~
severaUy become due.
sv'' ~
2. To pay all ~nd singulu t6e t~es. aesesaments. leviee. liabilitiee. obUgations and incumbnnoe~ ot every ~ ~
n~ture ~nd lcind now on said dexribed property. aad/or that 6er~ft~er may be impo~ed. saffered. placed. Ievied
or ~ssessed ther~upon. and/or that here~fter miy be kvied or ~ssessed upon this mortgage andlor the indebtednese s ~ 3
~ secnred hereby. each and every. wheo doe ~nd p~yabk acoording to Iaw. befare tbey become delinquent, and o
before any interest ~ttaches or any penalty is incvrred: aad 'w so t~r as any tha~eof is of record the eame ehall be ; ~
~ promptly satisfied and discharged ot record and the original official document Isueh es. tor instanoe. the tsz Q
rso~ipt or the satisfaction p~per officially endarsed or catifiedl slull be plaosd in the hands of said Mortgagee
Y w~ithin t~ee d~ys ne:t after p~ymes~t: and ia the eveat that ~ny thereot is not so p~id. sati~fied and dixh~rged, m Q;
, n
~ nid Mortgsgee may ~t any time pay the same or aoy pert tl~ereof without wdving or affecting any aption. ~ ~
` lien, equity or right und~ or by virtue ot this mor~gage. ~nd the tull amount of escA and evay such payment shell
~ bs iaimediataly due and payabk and e6~ll bear interest from the date ther+eof untD paid ~t the nte of ten per • ~I
§ oeuWrn per annum and together with ench interost aiull be secured by the lien of tl~is mortgage.
~ 3. To pLce and continuously kesp a~ the buildinga oow or 6ere~her eitwte on esid lend fin and ~vindatorm
~ insurance in t6e uswl standud policy torm, in a sum not lese t6an the amount due hereon, in such oompany
or oompsnies ~s may be approved by said Mort~agee: and aU suc6 insu»noe poliaes on any ot said bu~dings. any
~ interest t6erein or p~rt thereot. in the aggr~egate sum atoreeaid or in ezosss thereot. shall oontain tha uaual
standard mortgagee clause making tbe bs~ under eaid policiea. eec6 aad every. P~Yable to said Mortgagee as hia
~ interest may appe~r. and e~ch and every snch policy s6aU be promptly de4vered to urd held by wid Mort~gae:
u~d. not iess tbaa tea days in ~dvanee ot che e:pintion ot each poliey. W dsliwr to ~aid Matga~ss ~ reorw~l
t6ereof, toget6ar with a reedpt tor the premium ot such renswd: ~nd cl~eee sh~11 b~ no such insur,nce PVeo~
on any o! said buildings. ~ny int~ereet tF~erein or p~rt tl~ereot. unis~a in tbs torm and wft6 tAe loes payab:e. ar
aforosaid: and in the event any sum of ma~ey beoomes p~y~bM under such poiicy or policies and said Mort~~e
a ' ~1R~~~ Cri~r.+
6D~li ~ P1GE