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Home My WebLink About0890 BUILDING "D" 4~~`5`3 ~ . THI8 MORTC3A(3E DEED, m.as .na ~:~uc~ c~ 15thd,r ot DBC. 19 78 _ br___~lilliam Weimmer of 272 Teaneck Rd.. Ridgefield Park. N. J. 07660 and Marilyn Van Stelle of 239 Main St., Ridgefield, N. J. 07660 b.c.ia.tc«r ealid ch. Mort~or. whkl, cerm .eau inetna. cM Mirs. ieg.~ np+e.eoati~?e.. .noc...or. wa ..~an. ot tM said Mort~s~or wbe»ver t~6s eonte:t ao require~ or admits, w Tl1RTI.S REEF A330CIATE3, iNC., P.O. Bos 818. Jeaaen Be~ch, FL 381bT h~inaher calld' the Morta~~e, whkh tenn shall iaelude the suctesso~s and assigne of the s~id Mortg~aee wMrsver the coote:t so requires or ~denits. WITNE33ETH: 9bat tor deven aood ~nd valuabk coasidKatioas. aad ~lso ia oonsider~tiQa ot the aggreg~te sam wmed in tbs pro~nis~ory note ot even date herewith hereiu~fter dsscn'bed. ths said Mortsagor d~es hereby u~ 'O ~an~ b~rsain. ss11. alisa. resaise. rels~se. oonvey ~nd confirm uato tl~e said Mottgages, his heirs. auccessors and ~t ydsn~, all ths tactaia pisce.... parcel... or tnet.... ot 4ad. of which ~he said Mortgaaor is now seised and poswsssd and in~etual possession, aituate ie? the Connty et 3t. Lueie and 3ute ot Florida, deecribetf ws fdMwr. u~ Unit Weeks 16 and l7 in Condominium D 27~____ _ consisting of Apartment Number D 27 and its undivided st;:r: of the comnon elements of Turtle Reef Condominium I, as such is described in the Master Form Deed, recorded in Official Recorc> ' 2b3, Page 2002. This is a purchase money mortgage. It is further ~greed between the parties w this mortgags that, ia addition to the term~ and conditio:+a out 6erein, it a eonveyanee shouW be made by the Mortgagor of the pr~aises berain dexribed. or anY par: tbereot, without 6rst obtaining both the wrritt~ consent oi the laldt hereot, and ~n ~ssumption of thi~ oWigatiw~. in writing, by t6e new pe~opo~ed Grantee. then, and in that event, at the option ot tbe 6old~ her~nf. without notics. dl sums of mons~r seeured hereby sl?all. immcd"utely and ooncurrently with such oonveyance. beoome dw and payabk and said Note and Maetsags sAall be in def~ult. TO HAVE AND TO HOLD tbs ~ame, together with ~Il and singular the tenements, hereditameats and ap purReo~nces tba~eunto beionging or ia aqvwise ~ppertaining and the rever~ion and reversions, remaindu and ra m.iadar., rsau. i.sue..nd proGcs ch~reof and also all chs ea.ce. *i8ht~ ticle. incerest. propercy. posseesion. ela;m and dem~nd whataoev~ as well ia law as in equity of the s~id Mortgagor in and to the same and every part ~ns,l pared thereot uaW the said Mortgagee. and hi~ heirs. suoc~ssora and ~aeigna. in tee simpk. ~ Md said Mortaa~. - for himself. and hia heira. kgal represaacatives. ~uecessors and assigns. l~ereby aonven~nta~ wicb s.id Morcg.gee. hie heirs. leg.l represencacives. euccessors and a~igns, chac said Moctgsgor is ;ndefe.sibly O ieisad of s~id land in fee ~impk: that t6e s~id Mortgag~or has fuU power u~d l~wt~il right W coavey tbe same in fee~ 3 simple as afonsaid: that it shall be 4w(ul for said Mortgagee. his haira. legal represent~tives. s~eeessors and sssigns. -1 at all timss peace~bly and quietly W enter upon. hold. oocupy aad esjoy s~id land ~nd every part tlnr~eof:x O tlut a~id l~nd is iree from all incambrances: that a~id Mortg~gor. lus l~eirs. kgal representatives. sucoessocs and ~ assi8ns. will malce s~ch fiutha aasuranoes W perfect the fee simpie titJe to said land in s~id Mrot8~8~ his beirs. legal representativee, sucee~sors u~d asaigns. ae m~y re~sooaWy bs required: and t6at said Moctgagorv? m does h~eby tully w~rr~nt the titie to said land and every part thereof and will defend the same agtinst the" ~ e~ law[ul claims ot dl per~ons whomsoeva. ( ~ ~ It is understood that e~ch of the word~. ••note... .•mortga6or•. wd •.mo~tgagee•. respectively ~nd the prooouns ~ ' reterring t6ereto. w6ether in tl~e ~ingular or plurd anyw6ere in tltis mortgag~e. shall be aingulu if one only and n~ii ' adalt be plural jointly aad xverally. it more than one. and shall be masculine. feminine andlor ne~ter. w1~e~+ever • u~ ~ m ~ the cante:t so implies or ~dmit~. - O~~ O And nid Moctg~aor tor himself and his t~eirs. 1ega1 rep~esentatives. s~oeee~ors and aseigns. hereby oovenants and ~D c agres~ to and with stid Mortgagee. his legal representatives. successore and assigns: '3 ~ K ~ 1. To pay dl ~nd aingular the principd and int~rest and tl~e v~riws and sundry sams of moaey p~y~ble by ~ virtue of said promissory note, and this mortgage, each and every, promptly on the daye respectively the eame sevenlly beeome due. 2. To p~y all and eingulu the tazes. assessmenta. kvies. liabilities. obligations and incumbrance~ of every nature and kind now on said described property. aadlor th~t here~fter may be impored. auffered, ptaced, ievied ar assessed thereupon. and/or that hereafter may be kvied or assessed upon this mortgage and/or the indebtednese secvred bereby, ach ~nd every, wlien due sad payabk acoording W l~w, before they become delinquenG and ~ beforo any intereet att~ches or u~y peaalty is incurred: and in eo tar as any thereof is ot reoord the saiae ahaU be ~ promptly s~tisfied and discharged of reoord and the original of6cial dacument Isuch as, for in~tance, the ?_:,z reosipt or tbe eatist~ction p~per officially endorxd or tertiCiedl shall be plaeed in the hands of said Mortgap~ee within ten days ~zt ~after p~yment: and in tbe event that any thereo~t is not so paid. aatisfied and dixh~rgrd ~ said Mortgagee rn~y at any time p~y the same or any p~rt thereot without waiving or affesting any option. ~ lien, equity or right under or by virtne of this mortgage. ~nd the fiill aawuat of e~cb and every such p~yment shsll bs ita~nediatety due aod pay~bM and shall be~r intereat from the date tlkreof unW paid at the race of t~ea per ~ centurn per annum and together with such int~erert ahall be secured by the lien of this mortgage. ~ . ~ ~ 3. To pl~ee ~ed oontiauousty kesp ~ the buildinga now or here~fter sitwte on said land fin ~nd wiadstnrm ~ { insuranee in the usual atandud policy torm, in a eum not kss than the aaaunt due hereoa, in such oompsny ~ or oom nies as ma be a ved b said Mort ~nd ~ll eoeh insurance oa an ot said buildings. any ~ W Y PP*~ Y B~B~~ P~ Y ~ intereat therein or part thereof, in the aggregate eam afores~id or in ezaess thereof, ahall oontain the utu~l ~ standard mortgagee cl~use ~n~king the los~ under said policies. e~ch and every. P~Yable w said Mortgagee as hia ~ iatee~t may appear. and e~ch ~nd every s~eh policy s6a11 be promptly detivered to and held by said Mort~egaa and. not kss t6an ten day~ in advu~ce of che eipiration ot e~c6 pdky. to deliwr to ~aid btortg~aes • reo~nra! ~ thersot. to~etbar with a reoeipt tor the premium ot such cenewal: and tl~s slull bs no such inwranoe pi~oo~ ~ on ~ny of said bui{dings. ~ny intenst theeein ~ part thereof. unkss in t6s form and writ6 ths loes p~y~bk F ~ ~ ~totewid: and in the ev~t ~ny ~um of moaey beooines p~y~bk under wch poticy or policies and eaid Mort~~a~,c ~ ~ ~ I ~ ~ Bt)r?K•J~Z PAGE O88 _~~y.~._ _ . : . - - - - - - - - ~