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Home My WebLink About0814 ~3~ BUILDING "D" ~9~7~ ~ , THI3 MORTGAGE OEBD, made uid e:ecuced the 31 d~y ot ~cember . 19 ~8 ~ by Sydney C. Wilkinson and Freda Nilkinson, his Nife of 7159 Tamarack Rd., Fort Worth, Texas I6116 h~e~inaR~ calkd th~ Mortga~or. wAich te~m sAaU iaclude tM heire, kgal repreeentatives, succes~on and wign~ ot th~ said Mortg~~ wl~erever the conte:t ao requires or ~dmits, to TURTLE REEF A3.SOCIATE3. INC.. P.O. Bo: 618, Jensen Aeach, FL 33457 hereinatter e~llsd' the Mo~gee, which term ahall include the aucce~sors and assians of tAe sdd Mortg~gee wherever the eonte:t ao n~quires or admib. WITNESSETH: That tor dever~ qood ~nd valueDk conaide~ations, and also in oonsideratiqe ot the aggregate sum aamed in the promissory note ot even date herewith hereinafter dexribed, the aaid Mo~tg~ doss heteby grant. bRrg~ia, ssU, ~lien. rcmise, release, convey end confirm unto the aaid Mortgagee, his heira, soceessas ~nd a~a~uu~, a11 tl~e eertain pieoe..., p~rceL... or tnct.... ot land, ot which the eaid Mo~agor is ~ow seised ~nd posssassd and inactual posxseion. aitwte in the Gwnty et 3t. I.ucie ~nd Stste ot Fbrid~, dexribed as tollow~ ~ Unit Weeks 20 and 21 in Condominium D 22 ~ ~1 • ~ consisting of Apartment Number D 22 and its undivided share of the comnon 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 turtt~er ~greed between the pertiea to thi~ mortAage that. in addition w the terma end conditions set out be~ein, it a oonveyance shoutd be made by the Mort~gor oi the preasixs berein dexribed, or any part thereot, without Cvet obtaining both the wrtitten conxnt ot t6e hold~ hereof, ~nd an ~ssumption of this obligation, ia writing, by the new propoead Gantee, then, end in that event, at the optan of the hoWer hsreof. without notice, dl sums of money secured hereby ahall, immed'utely and rnncurrently writh aucA oonveyance, beoome dt~s ~nd p~y~bk and said Note and Mortgage ~hall be in defauk. TO HAVE AND TO HOLD the aame, together witn sU and ~ingular the tenementa, hereditamants and ap~ pnrteoanoe~ tbereunW bebnging or in ~nywi~e ~ppertaining •nd the rever.~on and rever~iona. remainder ~nd rs mtiudars, rents, issuea ~nd pwfits thereot and also all the eatate, right, titk, intere~t, prope~ty, poesession, claim ~nd dern~t~d whatsoever ~s well iu law aa in equity of the said Mortgagor in and to the same and every part ~nd p~rtel thereof unto tl~e said Mortgaqee, snd his heir~, succe~~ore and asaiEm~. in fee ~impk. And said Mortgsgor, for him~elf, and his heira, kgal representatives; succe~~or~ and ae~igns, hereby convenants with s~id Mortgagee, his he'vs, legd rcprexntative~, ancceseora and as~ign~, thst said Matg~gor ie indefeaaibly seired ot said land in tee simpk: that the ~aid NoKgsgor haa fuU power and lawful right to convey tbe same in fee simpls ae atoreaaid: th~t it ~he0 be lawful for aaid Mortgagre. his heira, kgal rep~eeentatives, auceessors and a~igns, ~t ~Il times pe,aoeably •nd quietly to enter upon, hold. occupy and enjoy said land aad every p~rt tl~eot: t6at etid land is fm from all incumbrances; that ~id Mortg~gor, his heira, kgd representativee, euccaasors ~nd Q ~ assigns, will make auch further assuranoes w pertect the fee simple title to said Lnd in said Mrotg~gee, ~ his Mirs, legal reprexntatives. successor~ ~nd ssaigna, e~ may reasonably be required: and th~t said Mortg~gor ~ does hereby [uUy w~rrant the titk to said land and every pert thereof and wiU de[end tl~e same against tbe ~ lawtul cWms ot all per~one w~homaoever. ~ 0~• . aw ~ It ia underatood that each of the words. "note". "mortgagor' and "mortgagee" respectivety Rnd tbe prawuns ` referring thereW. ~rhether in the ~ingulsr or plurd anyw~here in this mortgage. ~hal! be singulu if one only and ' shall be plural jointly and aeveraUy, if more than one, end shaU be mascvline. feminine and/or aeater, whecevet ~ ~ the oonte:t so implies or edmits- s' ~ s ` And s~id Mortgagor for himselt and his heirs, kgal representativea, e~ora and ~ssigns, hereby oovenante ud ~grees to and ~rits esid MortRaRee. his legal reprexntatives. auccesaora end asaigns: ~ 3 1. To psy dl and ainRular the principal end intereat end the various and sundry aums of money psya6k by -'~A ~ ~ virtue ot ~aid promiesory note. end Lhis mortgage. each and every, promptly an the days respectively the same = Q~ ~ xverally become due. ~ s 2. To pay all ~nd singutu the ta~e~, asseesmenta. levies, liabilitiea, obligatans and incumbrancea of every ? n~ture and Icind now on ~aid dexribed property, and/or that heresfter msy be imposed, auffered, p4ced, kvied ~ or aesessed thereupon, andtor that hereafter may be kvied or ~~aeesed upon this mortgage andlor the indebtedness ~ secured hereby, each and every, when due and psyabk according to law, betore they beoome detinquen~ and ~ before any interest ettachea or sny penalty ie incurred: and in so fsr ~e any thereot ie of record the eams e6all be promptly satisfied and dixharged ot record snd the original official document Iauch as, tor inatance, the taz ~ rsoaipt or the eatiafaction paper of6ciatly endor~ed or certifiedl ahall be plsced in the hands of said Mortgagee withia ten daye ne:t after p~yment: and in the event thst any thereof ia not so paid, eatisfied and dischatged. " said Mortgagee m~y at ~ny time pay the same or eny pert thereof w~ithout waiving or sffecting any option, ~ lien, equity or right und~r or by virtue ot thi~ mortgage. and the tull ~mount ot each and every auch p~yment shaU ~ bs imaiediately due ~nd p~yable and ahall bear intereat from the date theroot until paid ~t the nte of tee pet ~ cenWrn per annum and together wrilh ~uch interest ~haU be aecured by the lien of thia mortgage. ~ ? 3. To place snd continuously keep on the buildinga now or her~fter aituate on said land 6re end ~vindstorm ~ inswaate in the ueual standard policy form, in a aum not lesa th~n the smount dne hereon, in such oompu~y ~ or companies ~s may be approved by aaid Mortgagee: and all euch insuranoe poticiea on any ot ~aid buildings, any ~ interest therein or put thereot, in the eggregate sum eforeaaid or in e:cesa tAereof, ahall contain the a~wl st~ndard mortg~gee clause msking the bu under eaid policiea, each and evay, pay~bk to said Mortgegee ~s bis ~ intere~t m~y appe~r, and esch and every euch policy shall be promptly delivst+ed W and held by eaid Mortga~ and, aot less than ten daye in ~dv~nce of the e:p"v~tan of e~ch policy, to daiivsr to a~id bla:tg~~ a tre~wd ~ t6ereot, together with ~ receipt tor the premium oi such renewd: ud tAere shall be no euch insutanos pl~ed ~ on ~nr ot said buildings, any interest therein or part thereof, unkss in ths torm ~nd wit6 ths bss p~y~ble as dorswid: and in the event ~ny eum ot money becomea p~yabk nnder such poticy or polici~s and said Matga~ ~ ao~K312 ~acE $12 . _ _ . .