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HomeMy WebLinkAbout2855 i ~ BUILDING "C" t~5F~OrJ6 THl8 MORTOAQS 08E0, m.d..ad .~e.viced cM _..~r ot March , 19 ~ ~ Allen J. Alward and June G. Alward, his wife of 403T Redwing, Grandville, MI. 49418 beriaaitu cdled t!N Ma~tsyor. ..hieA t~m ~Aall isclod~ tlw 6~irs. I~a1 npe'~wnatiw~. wncw~ors and aMi~ ot tM ~aid Mat~~ wMttvK eM oont~t ~o nqufew ar ~dndN. w TURTLS RSEF A390CIATE3. iNC.. P.O. H~ als. J~n~ Hwcb. FL 33~67 ~ft~ albd' tM Mocta~~s, whkh tKa+ ~hall iaclud~ tlN ~uoce~ors ~nd asai~n~ ot tM said Moet~e~ wberevK tM caat~t w requtn~ or ~dmita. WITNE33ETH: 'lUat far devers good aed wtuaWe ooaddeeatiw~s. aad also in oon~idKation ot tl~s ~ate sum named in the peomissor~' note of even d~te hecewith !?a~inaiter ~ dssa'ibed. tbs sajd Mort~~ doss hxeby ~rant, b~r~ain. edl. ~li~n. remisa rele~sa oonvey and ooatirm nnto tbs ~aid Mort~e~. his beir~. w~ooe~~ors aad as~ns. dl tM ce~tain pisos.... p~ccel.... or tnet.... ot t~nd. ot w!?ieb tbs aid Mat~~ i~ aow reised ~nd pwsea~sd and inaetwi posseseion, sitwte ia tbe Coanty oi 3t. Lueie ~nd 9tate ot Ftaida. ds~ceised u tdbwx Unit Weeks 9 and 10 in Condominium C'8 consisting of Apartment Number ~~8 , and its undivided share of the caman e? elements of Turtle Reef Condominiums 1 as such is described in the amended ' Master Form Deed as recorded in O.R. Book 256, Page 235. ~ t_ This is a purchase money mortgage. y It is further ig[EEd ~w!!i1 ~~1Q ~111'tIM ~O « IZl ~dItW11 ~O ~1 a~ OO~Id1~;ORS ~ A i~, out hereia tf a oonveyanoe slauld bs mads by tM Moet~~ of ths peemisss herein descr~'bed. or anY P~ thereot. wit6ont firat obtainina both ths written oonssnt ot t~e boidec bareof. ~nd an aWUmption of thi~ obtigation. in writioa. by tbs aew popossd (irante~. tl~ee. and in cdt eveo~ at ths optioo ot tM 6older beeeot. witAout noties. all sums ot moasp sse~ved Aeeeby shaU. immedi~tdp and aoeKUr~tlp wits an~eh oonveyanos, bsooms due and payabM and s~id Note and MortgaBs s6a11 bs in d~fault. 'PO HAVS AND TO HOLD tLs s~ms. to~etAer with all and ~r t~e t~o~menta. S~eeditamaata a~ aR purt~oanoss tl~n~o b~loeaing or in aeywiss apps~iains and tIN reve~aion and rsv~ioni. eeaiaind~er ~nd r~ { m~ind~r~. rent~. i~w~ aad pen6t~ t6e~eof and ~bo aD t6~ Mtat~. ri~h~ titls. inteee~t. pcoperty. Pos~saiom, eWm and 1, demtnd whatsoseer u wsU in law as in equity of ths ~aid Mort~~ in aad w tbe euns and eve~y prt ~nd p~reel theraof unio ths said Mort~agee, and his 6ein. svoesWOa ~nd assigns. in tes simpls. ~ And ~aid Mortsa~. to~ himsslf. ~nd hir heirs. Mgd *'e'Pe'w~nNtive~, euoces~or~ and awiaoa h~sby oonwnanb ` ~ with ~aid ~tortg~ges. his he'sn. Isgal e~ep~esentative~." ~uoo~ors ~nd ~ssign~, tbat aid Mo~tga~ is indsteaa'bfy "`J~ eazed ot aId l~nd in fes dmpi~ tbat tbe ~aid Morts~ hu t~ll pawer and l~wtd r~ht w oonvsy tbs ~ams in fee c~' simpis as Joreaid: t~t it ~hall bs IawtW tor nid Yortsa~s. hi~ 6~irs. M6d r+Rs~setative~. euoassors and a~sign~. v\ at all timss psaeeab~Y 9~Y to entar upoa. irold. oavpp uid en)'el' s~id land and evae'Y Put tMe+eof: ~ that said land ii irse trom aU ineumbranoss: tlut said Moet~ot. l~it bdes. le~l repesssnt~eivss. weasssoes ~ad assigns, w~ll maks suc6 t~uther assnra~es to perfeet the !~s ~impis titb to s~id land in aid Mrotgagss: ~ his Aeirs. le~~ sepresentatives. suoceaors and assisns. a~ may reuooablY bs requited: wd tlut s~id Mortgagor ` does hereby tulty w~mnt the tit{e to aaid land and everY P~rt t.~eeof and w~71 dstead tM s~ms against t6e ( ~ lawful claimi o! all person~ wsomsosrver. [ ~ ~ It is understood tbat e~ch of tl~e words. "note". ••mortg~~.. and ••mo~t~a~ee.. respecu~l3, ~ P~ ~ ~ referring thereto. whether ia the ~ingular or plurd anywAers in , this mortg~e• slull be sing~lar if ona only and i ~ eh~ll bs plunl 3ointly ~nd ~sveraUy. it mae than one. and ~hall bs m~seulina. feminios andla~ asntar. wherever a ~ tbs oootezt ~o implie~ or admits. f ~ And ~aid l[o~t~a~ tor bim~a~f ~nd 6i~ Mir~. Mpl npe+MntativN. ~oonwoM ~ad aai~n~. hx+b7 oovsnants and ~ ~ ~Q~ to ~nd w[tb ~aid Mcrt~. ~ia bpl r~prwntatl~. ~ooa~oes aed awi~ r ~ 1. To p~y all ~nd ~lu tbe Pe~PV aud inteee~i and tM variou~ and wmdry sumr ot moneY P~Yabie by . ~ ~ ~ virtae oi ~aid promiswry nose. and thii mort~ags. e~ch and ev~. poomptly ~ tbs daYs ~P~~Y aeveraliy beooms dus. L ' Z. To p~y all aod sing~lar tbs ta:e~. a~~menq. Mvie~. tl~bilitir. oWiaation~ and inenmbranoes of every ~+~q natnrs and l~ind now on said deicn'bed prope~ty. and/or that 6ee~itar m~y b~ impw~d. wHersd. Pl~osd~ ievied ~ ~ ~ o~ ~~sss~sd thereupon. and/or th~t lKreafter auy bs Mvisd or a~a~sd npcn thi~ mortB~Be ~nd/o~ tbe jnd~bt~nea c~ ~eaued harsby. e~t6 ~nd every. _ wbea dne and payabk ~ordin~ to l~w. btor~ t6sr b~oom~ dviaquent. aad ~ i~ incnrerd: ~ad in w hr d a~ tbusof iu of rsooed tbs Nms ~ll b~ be[ors ~ny intered attae6s~ or an7 P~l' ~ promptlp wtitEied and ~t~ebar~sd oi reooed and tM orisioal oflkW doenmrnt Irneh u. tor jnst~nos. th~ tu ~c ~ d noeipt or ths atirtaction P~P~ ~7 e~dorsd ar oeartitVdl ~AaU b~ pl~osd in tbs hand~ ot aid Maetsages .dcbin s.o a.r. nnc aft~ papm~n~ aad fn cb. ewnc ce.c anr c6.e.ot is noc .o p.ia. ..:i.8.a ana aisc~.r~.a. .~id Morcgaa.. may ae etms pay eb. ..m. o~ anr pars eh.e.ot ..~ehoae watvins or at[Ktina aa~ optioo. ~ b~n, equit~ ~ risht undK or M virtw of this mort~. ~ad tM thll amnaat ot Meh and s~e~ wch p~Yment ~6~11 ~ b~ immediat~? due and payaDb and ~6d1 bNr intrnd trom t1M dat~ tbw~wt until p~id ac ~6s nte of ten per ceatnrn per aanaa~ and to~t6~r with ~ucb iatera~t ~hall D~ ~sea»d b7 t6~ llee a~ tLb mo~as. ~ ~ 3. To plaa u~d ooptinnoudY ke~P on tlM buiidinp now or h~nalt~ ~iwats on ~aid land fUe and wiadstorm ~ iniuraad in t6e usual stand~rd poliel? torm. in a~mm ~ot ba tLan tl~ ~mount dus hereon. in sucL oooop~ny ~ or oomp.ni.. u m.~ be approved br ..id Morspe..c .nd .n .ue6 in.ar.na po~kje. on .nr ot s.;d b~ldina., any 1 ~ iat~ewt tbee+sin or p~rt thKeot. ia ths a~ate ~nm afonwid or in e:eew tirr~of. sl~aU oootain th~ uwW ~tand~rd mortaa~s~ eLuss m~kias ehs lo~ undK Wid potiei~. eKl, .nd weq. P~r.bb to ,~W Moetp~ ~ hb ~ int~Mt mq ~ppMr. aad Meh ~ad ~r w~ polfer ~6di b~ promptb ddlva~d to ~ed lwid bp Nfd l~atppK - ~ ~nd. uot i~ t6an t~e d~~n In ~dvana d tM u~intion of ~ poiie~. to dri~ to ~aid ltcetpaw a ew~wd • eb~ewt. t~tt~ wit6 a rrai~t tor t6~ p~sminm ot a~ e~owak imd t~n ~11 b so w~h iawnna pl~ad on aa~ ot nid bd)d1np. ~ap iatw~+t tYe~in ar p~rt tdnot. noi~ io t~ ~rm ~ad wk6 t~ ioN pey~bY ~ ~k~waid: aad in tlr rwnt a~ wam d'ary b~oomr~ p~7abi~ andK w~ pdk~ or poiklw ~ad s~W l[aetp~ . ~ r 3,,r.tK P~Gf ~,~1~ ~ ~ _ - - - - - : . ~ . : : _