HomeMy WebLinkAbout1435 ~ % ~ i
BUILOINGS A & B ~ ~
F
4s~o~s ~ ~
' THl3 MOItTOAGE DEED. asd~ ~nd es~cutd th~' ..~~day ot TI~NE 19 ~1~ ~ ~
by Robert E. Lethbridge and 6onnie A. Lethbridge, his wife of 6435 S. W. 94th St.,
Miami, F1. 33156 ~
lu~inaksr ealled th~ Mortga~. whieh te~m ~A~ll includ~ th~ he'vs, kgal representative~. ~ueteasors aad usign~
ot ths said Moetaagor wQenv~ tM co~?ttst so requires or ~dmits.
to TUBTLB REEF AS.SOCIA'!`E3. INC.. P.O. Bo: 618, Jenae~ Beach. FL 33~57 '
heteinattK eaqsd' tl~t MortgsgM. ~rhich tu~n shdl include th~ ~ucee~aor~ and ~ssig~,s ot tse
said Mortg~ge~ wh~rwK ths ooat~~tt so rpuires cr ~dmits.
WITNES3ETH: Tbat tor dwen 6ood and vduabl~ tonaidKatana, and also in ooneidKatipn oi the aggregats eum ,
named tn the promiasory rwt~ ot wee date here.rith hereiiufter dexriDed, ths said Mortg~gor doea htreby =
gran~ bargaia. seU. aWa. ~etais~. rele~s~, oonvey end conC~ra~ unto the said ~lortgage~. his heirs. sucussors ~nd
ae+igns. all ths certaia piecs.... parpl.... ar tr~et.... ot I~nd, of which the said Mortg~gor ia now seised and
poa~e~d ~nd inattud poax~aion. ~itwt~ in the County ot S~ Lucie ~nd St~te ot t'brid~. dcxribetl as t~ !
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Unit Neeks 45, 46 and 47> ~ in Condominium A-1 , consisting 5 ~ ~
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of Apartment N~nbered~' A'1 , respectively, and its undivtded share $
of the caman elements of Turtle Reef Condominiums II as such~is described c~~ ~
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in the Master Form Deed as recorded in O.R. Book 287, Page 2712. ~
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It is turther ~grted between tht parties W thia mortgage that, in addition to the term~ and ooaditiona set `e o '
out herein, if a oonveyanee shouW be made Qy the Mortgag~or ot t~e premi~ hereia de~eeibsd, or any part • c~ ~ v ~
tRereot, without tust obtainins both tlie written conaent of t6e 6oMer hereot, aad an aesumption of this ~ G~
obligacioa in writing. by ths nsw propoi~d Grantes. then. and in that event, at tM option ot t6s boldar btreof. 'a, ~ ~
witAout aotice. all sams oi monr~ ~vred l~anbr shaU. tenensd'utel~r and ooncvrrsntly with suc6 eonvepanos. beom~ .~s ~ d
due end payabls and ~aid Note ~nd Mart~ shall be in default ~
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~ TO HAYE AND TO HOLD the s a m s. t
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her with all and a
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e
a t s. heredi
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e a ~ n
d a p~
~ oe~ thersunto oe in an t
P~~ l^nx appsrtainie~ and t6e revar~ion and reversion~. rewinder ~nd rs
maindars. rents. ieaues a»d pr+ofits tl~ereoi and dso all t6e estate. *i8b~ titla interest. P~Y. P~. d~ ~ i
demand whatsosver a• wdl in law as in equity of ths e~id Matgagor in and w the sam~ and every part and
pareel thereof nnto t6e said Mortga~ end his heirs, aucces+ors and assign~, in fee simpk.
Md eaid Mortg~gor. for himselt. and hi~ heirs. legal repnssntatives. succe~ore ~nd assigns. herebr oonvenants
writh said Mortgagee. his heirs. k8d *e~entatives. suecessors end a~ign~, that s~id Mortgagor ia iadeteas~bly
scized oi said land ie fee simpl~ that the said Mortgagor has fuU power aad la~fiil right W eonvep the aazae in fee ~
simple a~ atoredaid: Nut it shaU be tawful for e~id Mortgagee. !us heirs, kgal repressnt~tive~, suceessors and assig~na, r
at aU time~ peacaWy and quietly !o eater upon. hoW. oo~vpy u~d enjoy said Lnd aad every pert tbereof.
that said land is Eree from all incumbranoes; that said Mortgagor. hi~ heirs, kgal npresentatives, suoaaeor~ and
a~igns, wriU mefce such further ~awranoea w perfect the fee simp{e titk to eaid land in said Mrotgagee~ ;
his }~eirs. legal npre~cntatives. aucoe~sor~ ~nd ~saigns. as Quy rea~ooablr bs required: and that aaid Mortgago~ ~ ~
does hereby fully warrant the title to aaid land and every psrt thereot and w71 defend t6e ~ume agsiost th~
Lwfiil claima ot dl persons whomsoever.
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~ It i~ understood that each of the word~. ••note••. ••mort6~Bo* '~"~iB~B~ '~P~~vely ~nd ths prooouns
! refer. ing thereto, whetl~er in the aingular or plural anywhere in t6is mortgags, ahall be singular if ons only and ~
shall be plural jointly and severdly, it more than one, and ahall be maxuline, feminine andlor neuter, wheeever
the eontezt so implies or admita. '_~~u }
~ And ~aid Mort for him~slf and his heirs. ntativa~. aa~oosseors aad 6~reb oavenants and •
B'~Sa kg~l e~pr~e as~ig°~' r i 1!:=` C
~ agrees to and wnt6 said Mortgsqee. Ais kgd rapre~entative~, suocesson aod assigns: . T•. 3,,
~ ~ <;Z~i
1. To p~y aU and aingular the principal and intere~t ~nd ths varioue and mndry enm~ oE money pay~bls by z;Dmi
virtue ot said promis.+ory note, and thia mortgage. each and every. prompdy on the daya respectivdy ths sams ~ 4.-;~
xverally become due. ~ -t ~
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2. To sU end ain lu the tue~, asaeasments, kvies, liabilitie~, obli twns and incumbrance~ of rv fi-' '
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nature and kind now on aaid dexn"bed property, and/or that hereafter may be imposed, ~ufferod, placed, levied ~
~ or s~xs~ed thereupon, and/or tlut hereafter may be levied or •~+eased upon thie mortgage andlor the indebtednes~ i;r ~
secured hereby, eech end every. when due and payable according to law, before they beeame ddinquen~ nnd i t t
before any intere~t ettach~ or any peoalty is incurred: end in so fer sa sny thereof is oi record the eams eball be ~ `c,;
prompNy sati~fied and dixharged of reoord and the origitul official document tauch aa, for inetance. the taz •
receipt or the satiafaction p~per offitially endorsed or certifiedl shaU be placed in the hand~ of said btotig~gre o
within t~n days ne:t after payment: aed in the event that eny thereof i~ not ~o psid. sati~fied aad dixbarged, . ~j
eaid :1+iortgagee mey at ~ny time pay the ~eme or any p~rt thenof ~vithout waiving or sffecting any op*~on.
s lien, equity or right under or by virtue ot this mortgage, and the tuU amount of ach aad every such paymeat ahall
? M'vnmedistely due ~nd payable and ahell besr intereet from the dece thereof unt~ paid ~t the rate ot ten par
~ ceaturn per ennum and togetfiee w~ith such interest shaU be secured by the Gen of thie mortgsge.
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~ 3. To plece and rnntinuously keep on the building~ now or hereafter aituate on aaid land fire and wind~torm
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~ insurance in the u~ud standard policp tor.n, in e eum not less than the amount due hereon, in such compaay ~
~ or companies a~ may be approved by said Mortgagee: and all suth in~urance politiea on any of aeid buildinge, any j
~ intere~t therein or part thereot, in the aggregnte sum atoresaid or in eacess thereof. ~haU contain the usual ~
~ atandard mortgagee clsuae malcing the lo~ under ~aid policies, each and every, payabk to said Mortgagee aa his ~
interest may appear. ~nd eech and every euch policy ah~ll be promptly de4vered to at~d held by aaid 111origagar;
~ •nd, not fe~s than ten days in advance ai the e:pirat'an ot esch policy, to daliv~r to said Mortgiges • terr~r~ '
thereot, wgether with ~ reuipt tor the premium ot such renewal; snd thers shall Ds no euch insura:us placaZ =
~ on •ny of a~id buildings, any interest thsrein or part theceot, unkss in the torm ~nd with ths lo~e p~yabk ae ~
~ atoreeaid; ~nd in tha evsnt anr sum ot money become~ p~yable under such policy or policie~ and eaid Mo~t~ag9e ~
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~ 312 ~~~F1~:33 , ~
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