The URL can be used to link to this page

Home My WebLink About0895 ~ ` - • BUILDING "D" ~~~55 I ~ ~ TNIB MORT(iAGE DEED. mads and e:~cut~d the ~~y ot ~Y 19 79 br Marc A. Iiabin~on ancl Kathleen M. Aobin~on, his wife of 800 Be~arses ~p, Apt. 55D Hyannis, l~f. 02601 l~nioaft,~r u1Md t6~ Mort~~or, whieh term ~haU iruluds th~ Reirs. kg~l rep~eatative~. suco~ors aod wi~ ot tM taid Mortasg~or wherever tLs conte:t w reqnirss or admits, to TURTLE REEF A330C1A7`E3, 1NC.. P.O. Bo: 618, Jensen Be~ch. FL 33~5T ~ Mrelnatt~ uUed' tAs Moctg~aee. which teRn shall include tbe succs.ssore u~d ~seigna ot the said Mortg~aes wh~rever the eonte:t so roquire~ or admits. ~U ~ WITNE33ETH: 11ut fo? devers good aad vduable oonsider~tia~s, sad also in oonsidentiqn ot the asgregace sum namsd in the promiswry note of even date hercwith hereinatter deacribed, t6s eaid Mortg~gor does lbreby ~nn~ barsaia seli. aliea. remise. relsus. oonvey and eonfirm unto the ~id Mortg~aes. hjs heire. sueaessoes ud s~i~a~. all ths cartajn pieee.... parcel.... or tract.... of -1and. ot whicA tM said Martg~ b now seized ud poas~~sd and inaetual poseession, aitwte in the County ot St. Lutie and 3tate ot F{orida, deacribed as tolk+wx Unit Weeks 6 and 7 in Condominium D~p cons i sti ng of Apartment Number D~20 and i ts undi vi ded sha re of the comnon elements of Turtle Reef Condominium I, as such is described in the Master Form Deed, recorded in Official•Records . 263, Page 2002. This is a purchase money mortgage. ~t is turther asreed between tl~e parties to this awrtg~ge that. in addition to tAe term~ and copditione se: out 6eeein, it • oonvsyanee ahou{d be m~de by the Mortgagor ot the promises herein desen'bed, ar any part tAereof, witlwut Hrst obtainiag botA the writtea consent of the holdar i~ereof, and an aasumption of - t6is oWigatioa, in writina. by tbs oew pooposed Grantes, then. and in that event. at tbe option of the boWer l~reof. witl~out notiee. ~11 sums of .money se~vred l~ereby sh~U. immediately and conenrrently wit6 sueh oonveyanoe. beoome due and p~yable and said Note ~nd Matgage shall be in default. TO HAVS AND TO HOLD tbe ~me, together with aU ~nd eingiilar the tenements, hereditaments and ap parteoanos~ t6erennto bebnging or ia aaywix appertaining and the reversion and reveraions. remainder and rs m.inde~s. rona. iswes a~ profics chereof and dso aU cbs estace. right, ticle. inccresc. Propatr. Poee~ion. cWm and deaund whatsoevar as well in law aa in equity ot the said Mortgagor in end to the ~ame and every part and parcel thereof unto the said Mortg~gee. and his heirs. successors and aesign+, in fee ~unpie. ~ ~ And s.id Morcgagor. tor h;mseli. .nd his hein. legal repreesnatives. successors .nd assi~aas, hereby oonvenancs wit6 s~id Mortgaaes. hie heirs. kgal repcesentatives. suecessors and .assigns, that said Mortgaaor is indete~ibly ~eit~ed ot a~id laad in tee simple; that the s~id Mortg~gor 1us fuU power ~nd lawiul tig6t to c~vey the same in fee •impls as dores~id: that it shall be I~wful for said Mortgagee. 6» beirs. kgal represeatative~. s~oeeasors and ~ssigna. ~t a11 times Pe~ce~b1Y ~ 9~~Y to eater upoa. Iw4d. ooenpy and ~joy a~id W~d and every pRrt tl~ereof: tlut ~aid !md is iroe irom aU incumbrances: th~t eaid Mortgagor. his heirs, legal representatives. suooessors aad ~os, w~l make sueh further aaanranoes to pertect the fee simpie title to said l:nd in ssid Mrotg~gee, Q his l?eirs. legal repe~ntativee. suecessors and assigne. as a~y re~wnably bs required: and that aaid ~Mostgagor ~ S doss hereby futty warrant the title to said land aed every put ther+eof and wiU defend tbe same against tLe ~ lawt~il cWma ot all persons whomsoever. ~ O ~ ~ - I It is understood t.dat e~ch of the ~vords. "note". ••mortgagor•• and ••mortg~gee•• respectivdy and tbs pranouns ~ referring thereto, w6ether in the ~ingular or plural snywhere in thia mortgage, sluU be eingular if ooe only and ~ ~ sluU be plnral jointly and sevenlly. if more than oae. and sball be e~c~iline. feminiae andlor neucar. vl~e~eve~ ~ t6e ooote:t so implies or admits. ~ g And raid Martgagor for himselt and his heirs. ie~~ rePcesentativea. s~~ooeswrs wd a~signs. hereby oov~ants and ~ d- ~ .~ree. w .na ..;ch s.id 1Korcg.Ree. his {~al rop~senac~~es. sucoessa. .na .ssign.: ~ ~ 3 - r ~ 1. To p~y aU aad singular the princip~l u~d iaterest and the various ~ad s~ndry sume ot money peyable b~ ~ ~ ~ virtue of eaid promissory note, and tlua mo~tgage, each and every, promptly on the daye respectivdy ihe ssme ' ~ sevenlly become due. ~ ~ ~ 2. To pay aU and aingular t6e tues, assessments, kvies, liabiiities, obligations aod incumbrances of every ~ ~ nature and kind aow on said described propaty. and/or tlut hereaft~ msy be imposed. euffeted. placed. levied ~ or asses~ed thaeupon. and/or that hereafter may be kvied or assessed upon this mortgage and/or tbe indebtedn~ss ~ ieenred he~eby. e~ch ~nd every. when din ~nd p~yabk actordins to law. befon tbey beoome delioqueat, e.~d - before any interest att~elus or any penalty is iereurred: and in so far as any theteof is of reoord tl~e sanne eh~ll be ~ prwnptly s~tisfied and dischuged ot record and the original oftieia! document Isueh as. for inatanoe. the t~ ~ rsaipt or t6e satisfactan p~per of5cially endorsed or ce~tificdl shall be pl~ced in the hands oi said Matgagee ; within tes days ne:t ~ftet p~yment: and in the event t}ut any thereot is not so paid. s~tisfied and discharged. pid Mortgagee may ~t any time p~y the same or ~ay p~rt thereof witbout waiviag or affecting any option. ~ lier~. equiq or right under or by virtue of this mortgage. and the tull amaint of escl~ and every snch p~yment ehell ~ bs imioediately due and p~yabk and shall beu interest trom the date thereof unt~ paid ~t t6e nte ot tes per ~ oenwrn per annum aad together with such intere~t ehall be secured by tbe liea of this nartgage. ~ ~ 3. To place ~nd oontinnously Icesp on the buiMings aow or t~ereafte: eitwte on eaid land fire and windatorm g insnrance in the usu~l standard policy form, in a eum not les~ than the amoant due hereon, in such oompsny ~ or companks as may be approved by Mid Mortga~ee: and all suc6 insurance poticies oa any of eaid bu~7dings, any interest therein or patt thereot. in the aggregate sum aforesaid or in e=osss tAereof. shaU contai~ tLe aaual ~ standard morRg~gse clause ~aaking the los~ u~der said policie~. each and evsy. P~Y~ble to s~id Mortgagee as hi~ ~ interert may appear. and e~cA wd every sue6 policy s6d1 be promptly dsHver+ec! to and hdd by said Mortgags~ ~ aad, not less than ten days in sdvance of che szpir~tan ot e~ch poiky, to ddiwr to ~aid Ma~taaes~ ~ r~rwd ~ tbsreof. toget6er with a receipt for the premiam of sueh renew~l: ~nd t6ers shal! b~ no snch ~ piao~ on ~ny ot said building~. ~ny inte~est tl~e~ein or part t6ereof. udss~ in t6s form uid with tM bes p~yable ae atoreNid: aad in the event any sum of mooey bsear~s payabk uader a~ch policy or policies and said Mortgagee r, `t ~ ~ _ 6o~iK `~~z eac~ S~ ~ ' 4..~.. f .-L.._~ . . . _ . -€~2~,~wvz...s._~",^..~