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Home My WebLink About0809 ~ i BUILDING "D" 45~2~ I~ , THI3 MORTt3A(38 DEED. a~ads and e:ecut~d thsl~ ~hday ot December lg 78 _ br Jerry C. & Barbara M. White~~~ t~lc~~ Knox Manor, WOronoco, Massachusetts 01097 A~r~inatt~ callsd tM Mort~aaor, wAich teta~ ~hal! include tM I~eirs. leg~l cepressnt~tive~. suees~ors wd ~ of tAs s~id Mortataor wAerever tbe~onte:t so e~equiros or admits, W TURTL.fi REBF A3.SOCIATES. iNC., P.O. Bo: 618, Jensen Be~eh, FL 33~57 Mr~inatter ealisd' the Mortg~gee, which term sl~aU include ths eueceaso~s and ~asigns of the said Matgsses whersver the ooate:t eo requires or ~dmits. WITNE33ETH: Tlut tot dsvers ~ood ~nd valus~k coneider~tans. and alao in ooasideratiQ~ ot ths ~ggregate sum ewmed ln ths promissory note ot evea date Aerewith hereinaher dexribed, the said Moctg~ does l~eby ~an~. baRdn. se11. alieo. temiss. relsasa oonvey and tontirm uato the ~aid Mortg~ges. Ris heirs. auooss~s ~ad a~~. aU ths certain piste.... parceL... or tract.... of land, ot which tAe said Mortgasor is now seired ~nd po~srssd aad inaetual posesssion. eitwte in the County ot 3t. Lueie and 3tate ot Fbrid~, desrn'bed ae idbwx ~ Uni t Weeks ~ ~ and i n Condomi ni um D_ 5 consisting of Apartment Number D-5 and its undivided share of the common elements of Turtle Reef Condominium I, as such is ~ described in the Master Form Deed, recorded in Official Records Book 263, Page 2002. This is a purchase money mortgage. It is tarther agreed bet~?een the p~rties to thia mort~ge that, in additan to the term~ and oooditioos set oot berein, if a oonveyance shouid be ma~ by the Mortgagor ot the premix~ haein described, or any p~rt t6ereof. witlwut C~rst obtaining both the- writta~ coneeat ot the Aoldar hee~eof. and ~n aseumption ot tAis oWigation. in writing, by ths nsw proposed Grantee, t6en, and in that eveat. at the optao of the lioidat hereof, witlw~t notiee. dl sums of monsy ssct~red hereby shall, immediately ~nd ooncurrently witb auch oonveyanoe, beoome due and p~yabls aad s~id Note and Mortgags shaU be in detault. TO HAVE . AND TO HOLD the aame, together with aU and singular the tenements. heroditameats ud ap p~ut~e~noss thareunto bebnging or in ~nywiee appeirtaining and t6~ rever~wn snd reversions. reasaindar and rs . mdnder~. tents. iss~es and profits t6er+eof and dso all the estate. right. titk, iatere~t. P~KY. P~• et~im and demand whatsoever as wel! in law as in equity of the said Mortgagor in and to the s~me and every part aad paroal tM~eof nnto ths said Mortgagee. ~nd his 6eirs. succesaors and ~aaign~. in fee ~impk. And said Mortgagor. for hitnself. aad his heir~. kgd repreesatativea. ~ucce~~ors snd aaaigns. hereby convenants witli s~id Mortg~gee, his heirs. leg~l representatives. succaasors and as~igns. that s~id Mortgagor is indefeas~'bly saised of said land in fee simpb: that t6s said Mortgagor has full power and I~wiul right w convey the aame in fee ~ eimpb as aforesaid: t6at it shall be lawful for said Mortgag~ee. hi~ heirs. legal repreeentatives. soccessoro ~nd assign~. K dl times peaee~bly a~ quietly to enter upon. hold. oocupy and enjoy said land and every part thersof; tbat said land is iree trom all incumbnnces: that aaid Mortgagor, his heir~, kgal npreeentatives, suocessors and ~ ai ' assigns, will make euch fi~rther aasunnoes to perfect the fee eimpk title to eaid land "w a~id Mrotgagoe. ~ l~is heirs. kg~l ropresentativee. sueceasors and asaigna. aa m~y reasonably be required: sad tlut eaid Mortg~gor ~ ~ does beteby tully warrant the titk to eaid land and every_ part thereot snd will defend the saxoe againat ths ~ lawtul cWms of aU pereons whomsoever. ~ ~ It is under~tood tlut each ot the words. "note... ..mortgagor" aad ••mortBaBee•. respectively ~nd the pmnoum y f reterring thereto. whether in the ~ingular or plu~al anywhere in thi~ mortqage, shall be singulu if oe~ onty and ~ ~ ahall be phual jointly and xverally, if mo~e than one, and ahall b~ ~~culine, feminine andl~ neuter, wherever ~ ~ the coate:t so implies or admita~ 4' ~ 3 v And said Mortgagor tor himself and his heirs. kgal represertativea. su~sa~s and assigns. hereby covenants aad ~ agreea to and wit6 said Mortgaqee. hin {egal representatives. euccessora and aaeigne: ~ ~ o Q ~ 1. To pny all and singuLr the ~rincipal and interest and the various and sundry eums ot money peyable by m Q virtue of said promissory note. snd this mortgage, each and every, promptiy on the d~ys respectivdy the same ~ ~ ~ severaUy become due. - ' 2. To pay aU ~nd singulu the tuee, assesements, kvies, liabilities, obligations and incumbnncee of every ' natnre and Icind now on uid dexribed property. andlor that hereafter may be imposed. eaftered, placed, ievied or assessed thereupon. and/or that here~fter m~y be levied or asseexd upon tluw mortgage aadlor t,he indebtedness secured hereby. each and every, when diu and p~yabk aceording to law, before they beoome delinqnent, ~nd betas ~ny interest attaches or ~ny pen~lty is incnrred: ~nd in so far ae aay thereot ie of record the sams sh~ll be prompdy satisfied and dischuged of reoord and the original official document Isuch as, for instanos, the tas - ~ nosipt or the satistaction p~per officially endorsed or oerti6ed? sl~all be p4oed in the hands of ~aid Mortg~aee ~ within ten days ne:t after p~yment: and in the event that any thereof is not ao paid. satisfied and disch~rgsd. aid Mortg~gee may at ~ny time p~y the seme or ~ny pert thereof writl~out wai~~ing or affecting taY option. ~ lien, equity or right under or by virtue of thia mortgage, aad the full amoant of esch and every such p~yment ehall ~ bs immediateTy due ~nd p~yable ~nd shaU bear interest from the date thereot until paid at the nte of tm per ~ oeaWrn per aenum and toget6er with aach intenst ahaU be secured by the lien ot thie mortgage. ~5 3. To pl~ce ind continuouely keep on the buildings now or hereafter eitwte on said land fire aed wrindstorm ~ insurance in the usual stsndard policy form, in a emm ~ot less t6an the aaaunt due hereoa. in such oompany ~ o~ comp~niee ~s auy be approved by said Mortgagee: and dl suc6 in~unnce policies on any of aaid bw7d~ngs. wy interost therein or p~rt thereof, in the sg~regate eum atores~id or in ezcesa thereof, ahaU contain tbs uwd ~ standard mortgagee clause malcing the los~ undu said policies. e~ch and every. p~Y~bk to aaid Mortgagee ~s hi~ ~ inter+e~t may appe~r. and e~eh ~nd every such Polic~' s~all be P*omPUY dslivered W and h~ld by uid Matg~~ and, not less t6an ten days in ~dvac~ee ot che e~iration ot e~ch polfcy. to deliva W~aid D~[atga~ • e~wd ~ tl~ereot, together with a re~xipt tor the premium of such renewal: aad there shall bs no sue6 inwranoe pl~ad ao any oi eaid buildings, any int~e~est therein or part theebof, unlss~ in tbe form and with tM loss p~y~bls u doresaid: wd in the eveat any rnm of mon~y beoomes payable und~ iueh policy or polieies and wid Martg~ ~ ~ guoK~12 PavE , ; . - r . _ r_ ~ - - - _