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HomeMy WebLinkAbout0824 c ..r~ " - . 3r L ~ ' BUILDING "D" '4~726 ~ THI3 MOAT(iAGE DEED, made ~od e:ecuted the 26 d.y ot APri 1 , 19 ~9 sy Guido Volcovici and Fe Volcovici, his wife of 28 Claudet Wa~y, Eastchester, New York 10709 ~ hxainatte~ uUed the Mortgagor, wAich term shall~ include the heire, kgal repcesenutives, sutcsssoro u~d usigtu ~ty ot tl~s ~aid Mortgagor wherever the conte:t so ~quirea or ~dmlts, W TUR77.E BESE~ A3.SOCIATES, lNC.. P.O. Bo: 6I8, Jen~en Be~ch. Fl. 33457 1~ • l~reinafter ealled' the Mortgagee, wrhich term ahaU include the auecessors snd aeaigne o[ the ~ said Mortg~gee wAerever the conte:t so requires or admits. WiTNE3SETH: That for devera Rood and valuabk consideratione, and al~o in conaider~ti4n of the ~ggregat~e sum named ia the promi~eory note of even date herewrith 1?ereinatter de+cribed, the said Mortqagor does hereby gr~n~ bargain, seU. alien, nmise, rekax, convey and rnntirm unto the ~sid Mortgagee, hi~ heire, ~coeseors and as~ians, all t!?e certain piece••-. p~rcel.... or tract.... of l~nd. of which the said Mortgsgor is now seized a~ posssesed and inattual poaseasion. eituate in the County nf St. Lueie nnd State ot Florida, deacribed sa fo14?wx ~ Unit Weeks ~ _T and 8______ in Condominium Q -6 ! consisting of Apartmeni Number D^ 6_`__ and i*s undivided share of the comrwn elements of Turtle Reef Condaminium I, as such is _ described in the Master Form Deed, recorded in Official RecorCS 263, Page 2002. This is a purchase money mortgage. , It is turther agreed betw~een the parties to thi~ mortRege that, in addition to the term~ end rnnditiona xt . out herein, if • eonveyance should be made by the Mortgaqor of the premises herein dexribed, or any pari thereof, without tuat obtaining both the written consent ot the holder hereot, nhd ~n esaumption ot tAis obligation. in writing, by the ne~v propoxd Grsntee, then, and. in that event, at the option ot the holder hereof. without notice, all snms of awney secured hereby +haU, immediately and concurrently with euch conveyance, beoome dne and p~yable and said Note and Mortgage shsll be in deteult. . TO HAVE AND TO HOLD ~he same, togetF.er orith aU nnd aingular the tenements, hereditaments ud aR purtAnances t6uetinto belonging or in eny~vix appertaining snd the reversron and reversiona, remainder ~nd rs aitinders, rents, issues and profits thereot end ni~o a0 the est~te, right. title, interc~t, prop~rty, poeeeaeion, claim and demand whateoever se well in law as in equity ot the aaid Mortgap~or in and to the same and every part and p~rcel thereof unto the said Mortgaqee, and his heir~. ~ucces~oro snd asaiqna, in fee ~impk. Md said MoKgagor, for himaelf. and hi~ heirs, legal repreaentstives, succe~sora and aseigns, hereby oonvea~nts with said Mortgagee. hia he'vs, legel reprexntativea. ~uece~sora and a~siqn~, that uid Mortgegor is indefessibly seised ot said land in fee simpk: that the aaid ~tortgagor hns full power and lawfnl right to convey the same in fee simpb as aforesaid; that it sheU be lawrful for eaid Mortgagee, hia heirs, kga) repreeentatives, wccesewa and assigns. i at dl timee peaceably and quietly w enter upon, hold, occupy and enjoy ~aid Iand end every psrt thereof; ~ that said 4nd is free [rom atl incumbrancer that said vlorcgegor. his he"v~, kgal repreaentatives, eucceseors and i asaigns, wiU make such turther eseurancee to perfect the fce ~impk titk to eaid lsnd ie said MrotgagM~e, ~ his heirs, kga) nprexntatives, succes~oro and ae~igna, a~ may reasonably be required: end thet said Mortg~gor ~ I doee hereby fuUy warrant th,e title to said land and e~•ery part thereof and will defend the same aqainat the ~ ~ lawful tlaims ot ~U peraons whomsoever. ~ ~ E it is underetood that. each of the word+. "note". "mortgegor" end "mortRegee" respectively end tl~e protwuns referring tlfertW. ~rhether in the sinQulsr or piursl anywhere in thi~ mortqege, ~hall be singulsr if one only and p~~ ~ shall be piural jointly and x~•erally, if more than one. and ~heU be maacutine, feminine and/or neuter, wl~erever ~ ` the oonte:t so implies or admit+. ~ ~ t. Md said Matgagor for himself end his he'vs, legsl represertativer. ~ucceasora end aaeigns, hereby covenaats ~nd~ ~ agrees to and with ~aid MortReRee. his leqal repre+entativea, succe~+or~ nnd aseigns: ~ ~ 1. To pay ell and sinRvler the . principal and interest and che variou~ snd ~undry ~um~ o! moeey peyable b~s ~ 3 virtue of aaid prominsory note. end thi~ mortqaRe, each and every, promptly on' tAe days respectivdy the sam~ ~everally. become due. ~ a ~ Si 2. To pay aU and eingular the tases, ae~e~sments, levies. liabilities, obliQstions end incumbrances of eva~ Q~ natun ~nd kind now~ on said dexribed property, and or that hersalter may be impoaed. ~uffered, placed, ievied ap ~ s or ~ssessed thereupon. and'or tkat hereafter msy be levied or a~xased upon thia mortgaRe and:or the indebtednese ~ secuned 6ereby, each and every. ~vhen due end paynble according to law, before they beceme delinquent, snd betore any intereat et[ache~ or any penaity is incurrr.d: end in eo tar as eny thereof is of record the aame shall be promptly satiafied snd dixharged of ~ ecord end cfie oriQine! offic~al document I~uch ee, for in~tance. the tu ~ rsceipt or the satiafsction paper - otficialtv endorsed or certifiedl ehall be placed in the hand~ of said Mortgagee within ten dsye ne:t ~fter peyment: and in ihe event [hat eny thereof ia not ao paid, satiefied and diach~rged. ~ said Mortgagee mey st any time pay the eame or sny part thereof without waiving or aftectinq any aption. ~ ' lian, equity or right under or by virtue ot thi~ mortgage, and the full amount of each and every such payment ahall e ~ bs immed'utely due and payable and ehc!! bear intereet fmm the dete thereot until paid at the rate ot ten per ~ tenturn per ennum and together with ~uch intereet ~hstl be eecured by che Gen of this mortgege. ~ ~ 3. To ptace end continuouely keep on the building~ now~ or hereafter ~ituste on ~aid land fire and w~indstorm ~ insutance in the u3~~el atanderd policy form, in e eum not les~ than the amount due hereon, in ~uch oompany K or comp~nie~ e~ may be approved by aaid MortRaRee: snd all ~uch in~urenct policies on eny ot aaid buildings. any ~ interest t6erein or part thereof. in the agRreRate aum afore~aid or in ezcea~ thereot. shall contain the wual ' standud mortgagee claux making the {o~~ undet eaid poticies, each and every, peyeb{e to ~aid Mortgagee a~ hii inte~e~t may appeer, and each and every such poGcy sheil be promptly deGvered w and held by said Mortgag+~ ~nd, not lese tlun ten dsys in edvence of the e:piration ot eech policy, w deliver to said Matgaaes • neowd thereof, together writh a receipt for the premium ot auch ronewal; and there ehall be ~o encA insurance plx:~ on any of said buildings. •ny intere~t theRein or psr*_ thereot. unkss in the form and with tAe loee p~yabte a~ afo~id: aod in the event aay eum of money becomr~ p~yeble under ~uch poficy or poticie~ and eaid Mortgagee j • ~ a~oK312 PacE 8 2 ,