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BUILDING "D" ~~~34 ~
THI3 MOR1'GAGR DF.FD, mads ~nd eaecuted the 15 dey oi ,~g ~9
~y Nadim Matar and Pauline Fortier-Matar, his wife of 31 De La Rochelle,
St. Julfe, Quebec, Canada JOL2S0 ~
hrniaaftK called tM Mortgagot, which t~m shdl include the Aeir~, kg~l ropressntatives, successors ~nd usig~u
ot tM s~d Moctgagor wherover the rnnte:t so requins or admits.
to TUItTLE AEEF AS.40C1ATES. INC., P.O. Bo: 618, Jenxn Beach, FI. 33457
Ae~ein~tter uUed~ tAe Mortgage~+, w+hich term shall include tAe ~uccessors and aesigns ot the
s~id Mortg~gee wherevar the context so require~ cx admit~.
WITNE3SETH: 71ut tor dever~ Rood and valusAle con~ideretioo~, end also in conaider~tiQn ot the ~ggre~te sum
named in the pwmissory note ot even date here~vitti hereinefter dexribed, the eaid MortRagor does hereby
grant. baratin, seU, ~l'ten, remise, rekax, convey and coni'um unto the uid Nortgagee, hi~ heirs, aucaessors and '
a~aian~, ~ll tl~e tertaw piece..., parcel.... or tract.... of land, of whicA the said Mortg~gor ie now seized and h
posss~ssed and inattual posx~aien. +ituate in thp County ot St. l.ucir and Stete of Fbrids, described ss fo0owrx
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Unit Weeks ~ and 31 in Condominium D 20 ~
consisting of Apartment Number D___ and its undivided shar~
of the common elements of Turtle Reef Condominium I, as such is
described in the Nlaster Form Deed, recorded isi Official Recoras
263, Page 2002. This is a purchase money mortgage.
It is turther agreed between the parties to thia mortReqe tha~, in addition W the terms and rnndituon~ set
out hereia, if a conveyance should be made ~y the ~tortgaqor ot t!~e premiaea ~Aerein described, or any part
tAereot, without first obtiining both the wrritten consent of the holder Aereof, snd an as~umption of this
obligatioa, in writiag, by Che new propoxd Grantee, thea, and in thac event, et the option ot the holder hsreof,
withwt notice. ~11 aum~ ot money eecured hereby +ha11, immediately and concunently with ruc3~ conveyance, become '
dw ~nd p~yabk and said Note and Mortgage shall be in defeult.
~ TO HAVE AND TO HOLD the seme, together ~vith sU and ~ingular the tmemente, hereditamente and aR
pnrLenances thereunW belonging or in envwrise appertuning and the rever.~on ~nd rcver~ione, remainder and re
mtinders, rents, iesues and profit~ thereof and aiso sl! the eatate, right. title, inte:eet. property, poseesaion, cLiim ~nd
demand whateoever se well in law ss in equity of the asid MortgaRor in end to the seme and every part and
parosl t6ereoi unto the said MortReqee, and his heir~, succe~~or~ and assigna. in fee simple. ~
And said Mortgagor, for him~elf, snd his heir~, legel reprenentatives. ~ucce~sors end aaaigns, hereby rnmronants
witlt said Mortgagee, hie he'vs. _{egat ropreaencatives. ~ucceasor~ and a~siRn~, thst aaid Mortgagor i~ indefe~sibly
~eised of said Iand in tee aimple: th~t the aaid ~lortgeqor ha~ full power snd la.rfut right to convey the same in fee
siwple as doresaid: th~t it ehal! be law*ful for ~aid MortRsRee, his heirs, legsl repr~nentetives, successors and aasigna,'
at all times pe~ceably and quietly to enter upon, hold, occupy and enjoy said land hnd every part th~eot:
that said land is free trom all incumbrances: that ~eid Mort~agor, hi~ heir~. legal repreaentativea, eucceseora and
~ssigns, will make auch further assurancea to Exrfect the fee eimpk titk to asid land in eaid Mrotg~gee,
hie 6eirs, kgal reprexntatives, succe~sor~ end a~aiRn~, e+ may receonebly be required: and thst said Mortgagor
~i does hereby tuUy ~rarrent the title to said lsnd and everv part tAereof and w*ill detend the same egainst the
j lawful claims of all peraon~ whomsoever.
k IC ia underatood that each of the worda. "note". "mortgeRor" and "mortRagee" reapectively and the pronoune ~
~ referring thereto. ~rhether in the singuler or plural nny.vhere in thi~ mortQage, shall be singular if one only and ~
! ~hall be plunl jointly ~nd ~everally, it more than one, and ahsl{ be maxuline, feminine andlor neuter, wherever ~ ~
G the ooate:t so implies or admite. . . ~ o • ;
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Md said Mostgagot for himxlt snd hie heirs. {egai repreeentativee, ~ucceeaore snd assigna, hercby covenante and ~
~greea Co ~nd with aaid MoKRaRee. his legnl repre+entative~ ~uccesaora end a~aiqne:
1. To psy all and sinRuler the principel and intere~t and the varicue snd ~undry ~um~ of money payable by ~ ~
virtue of said promiasory note. and thi~ mortgaRe. ench and every, promptly on the days reepectivety the same ~ •
~ xverally become due. ~
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2. To psy sU and singuler the tasee, a~seasments. Ireies. liabilit~e~. obligations and incumbrancea ot every
p ~
nature and Icind now on said described property, and~or that hereafter mey be impoxd. auffered, placed, levied ~
or aasea~ed thereupon. end~or tnet hereafter mny be levied or a~seesed upon this mortgage sndtor the indebtednee~ Q~
g secured hereby, each and every, wAen due end payable eccordinR ~,o law, before they bec.ome delinquent, and ~ ~
3 betore any interest.attachea or any per•.alty is incurred: and in so far as eny thereof ia of record the eame ehall be ~
~ promptly satiefied and dixhsrKed of record end the oriRina! officiel document lauch a~, for in.tanae, the tu • x
~ rsoe'tpt or the eati~tsction peper offic~ally endorsed or certifiedl ehall be ptaced in the hande of said Mortgaqee ~ ~
~ wft6in tee daye ne:t after paymeat: end in the event thet eny thereof is not ~o paid, satisfierl and dixharg~ed.
said Mortgagee may at any time psy the same or sny part thereof rvithout aaiving or effecting eny option.
~ lien, equity or right under or by virtue of thi~ mortgage, end the full emount of each end every such psymeni ehall
bs iinmediately due •nd payebk snd sAall bear intere~t from the detr thereof until paid at the rate of ten per
~ cenWro per •nnum and toqether writh ~uch intereat ~ha(1 be xcured by the Len of this mortqsge.
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~ 3_ To place end continuously keep on the buildinR~ no~v or hereafter situate on ~aid land fire and windstorm
~ insurance in the uaual standard poticy torm, in a~um not le~a than the amount due hereon. in ~uch company
~ or wmpenies a~ may be approved by said MortReqee: nnd all such in~unnce policies on eny of ~aid buildinge, aay
~ interest Lherein or part thereof. in the aRqreRate sum efore~aid or in excese thereof. ~hetl contain the usud
rtandard mortgagee clau~e metinR the tos~ under said poticie~. each and every, psyable to said Mortgagee as hia
~ intere~t m~y ~ppear. and each ond every ~uch poGcy ahall be pmmptly de6vered to and held by said Mortgagee:
~nd, aot kse than ten days in edvsnce of the ezp'vation ot esch poiicy, to deliver w said Mart~nges ~ reonnl
thereof, together with a receipt for the preminm of euch nne~val: and there ahall be no aucfi insurance plaeed
on any oi eaid buildings. ~ny intere~t therein or part thereof, untxes in the form ~nd with the loee p~y~ble e~
atoreNid: and in the eveat any aum of mnnev t~come~ peynbl~ under such poGcy or policies and eaid Mortgeg~ee
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BO~K~~~ P~GE 842
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