HomeMy WebLinkAbout2860 . ~
~ ~ BUILOING "p" ~52AS~ ~3
THIS MORTGAGB DEED, mad~ ~nd es~cuted the 12th day a/ ~eC• lO 7~
by_ Georqe M. Romn of 236 Spring St., 6rockton, MA. C2401
Mninah~t c~l{sd th~ Mortp~x. whieh Nrm t1u11 include tAs heir~, kRai ~_pnsenutivas. euensw~a u?d uugn~
o( tM s~id Mortg~gor wMrever tM conte:t so requirea or admits.
to TURTLE RBEF AS.SOCIA7'63. 1NC.. P.O. Bo: 818, Jenaco Beach. FL 3:+~57
Mnina(ta~ e~Ued' the Mort~~ee, whitA term aRaU indode tAe eueee~wn and aisigns ot ehe ~
s~id Mottpaee whenv~r tM ooatest so i
nquires or admits.
;
NiITNE33ETH: TAat tor deve~ ~ood ~nd v~luabk coesideracion~. ~nd al~o in rnnsidentiqn ot the ~gresat~ ivm
. named it~ tM promiasory aote of ~ven date Aerewith Aerei~atter dexribed, the eaid Mortg~~ dos~ herebr
~rar~~ bu~aio. s~11. ~6+n. r~miae. *ekase. oonvey ~nd eonfirm unto tAe ~aid tilortg~~. hia heira, sucoeasors aad
~11 tbs nrtain P~see•••. p~rcel...- or tr~ct.... ot land, o! whieh che eaid Mortgag~ ta aow ~eised u~d `
poa~essd aed in~etu~l pos~e~sion. ~itwte in the County of Sc. Lucie and Sute ot Fbrid~. de~en'M~I tdL,...-
t
An 0.1538~ undivided interest in fee simple absolute as tenant in conmon in the
certain real property described in the Master Form Deed of Turtle Reef
Condominiums I, recorded in Official Records Book 263, Page 2Q02, sub3ect to
divestment as set forth in said Master Form Deed and upon such divestment an
interval ownership consisting of Unit Weeks 10,11 & 12 in Condominium D-18 and
•n Unit Neek 9 in Condominium D-19 consisting of Apartment Numbered D-18 and D-19
resoectively, and its undivided share of the common elements of Turtle Reef
Condominiums I, as such is described in said Master Form Deed. This is a
~ ~ aurchase money mortgage.
,
~
It ia fi~rtAer a~eed between the parties to this rnortgage that, in addition to tAe terms and eo~dition~ set
~`ouc 6~r~io. it a oonwyanee ibould be m~de by the Matg~gor ot the premiaes Mrein dexn'bed. o~ any Part
~thereot. wtthon! ttrst obtaining both t~he written eoasent ot the boldar hereot. and aa as~umption ot thia
_ oQliSation. is writin~. bp tlr ae~r proposed Grante~, then. and in that event. at tlte option ot tAs laWer l~ereot,
witbout notio~. a11 weas ot mooq iscnred hereby sha11, immediately and coneurrently with such oonwpanoe. boome ~
dw ~nd pay.ble and said Not~ u~d M«taags shdl be in def.ulc.
~
L
TO HAVE AND TO HOLD tbe sam~. together wit6 aU and sing~lu the teaemenq, ~ereditaments ~ad ~R
purt~a~aee~ tben~nto bebngina or in anywise ~ppertaining ~nd t6e revereion aed nwas;ons. remainder ~ad e~ '
m~iod~s. roats. itsues aad profits tl~~reof and dao all tLe estate. rigl?~ title. interest. P~KY. P~ daim ~ad
dem~nd wh~tsowu ~s ~di ia bw a~ in equity ot the said Mortgagor in and W t6e sanH u~d evary part and
. p~rod thereot unto th~ aaid Mortgagee. and hi~ ~eirs. successora and assign~. in fee aimple.
Aad wd Mortgagor. ie~ himself. ~ad lu.+ hei». legal repras~ntatives. ~ueceeson aod assigas, he~aby oonvenants
with s~id Moctsagee. l~s beits. legal rapt+esenutives. sueeeason aud as~igns. t6~t said Mortgagot i~ i~defe~siWy
s ~eir~cd ot add land in iee ~imp{e; tbat ths said Mottgagor has fuD powa and 4w~tu1 tight to oonwp t6s s~t~ in fee
simpie u~to~esaid: that it ~haU be lawfu! tor s~id Mortgagee, his heirs. kgal repre~ent~tives. ~ncces~ors and a~igns.
~t all times pe~eMbly and quietly to aster npon. lw1d. oceupr and enjoy said bad ~nd eveqr part thaeof; .
cbat said land is [ree ttom all ineumbranees: that said Mortgag~or. hia heiro. iegal repreeent~tive~. a~ooessors and
asaigas, w~71 make such inrtAer as~u~noes to pertect the fee dnapk title to s~id land in aid M*ot8~8~.
Iw Aeirs. legal representatives. s~eeeseors and assigns. as uur na~oaabty bs reqvired: ~nd that s~id MatBaB'~
; does 6ereby tnlly warrant the titk to said land and every part thereof and w~7! detend the s~me against ths
~ l~whtl claiias of a0 per~ons whomsoever_ . _
~
i It is understood that e~ch of the words, ..note... ..mort6~8~or" ~nd ••mortgagee•. re~pectivelp ~nd tbs prooouns '
~ referring tAereto. whetlier in the singul~r or plunl snywhere in this mortg~ge. ehall be aiagular it oae aotr and
; shaU be plural jointly and severally. it mar tban one. and shdl be maxuline. feminine ~ndlor nw~ter. wM~ever
~ cbe ooate:t w implies or admits. . '
k
~ And taid 1~Iortg~gor for i~irnself ~ad his lieirs. legd rep~sevtatives. suecessors aad
.ssigns. Aerebr eovenants and
agrees to u~d with said Mortgagee, lw legal representatives. eucces~ors and assigns: ~ „
r c C r+i
- r'f
1. To p~y all and iingni~r the principa) and interest and the various and sundry sums of money payable by "
virtue ot said promissory note. and thia uwrtgage. each and ev~y, promptly on the days respectively the sams ~ o
xver~lly baome due_ c ~ ~
2. To pay aU ~nd singulu the ta:es. assesaments. kvies. liabilities. obGg~tioas and 'uxumbrancm of every 4 ~
n~turc aad kind no~r on ssid dexribed property, and/or that 6ereafter rasy be impoxd, suttered, placed, kvisd = t; ~
or ae~essed thereupon. and/or that herafter m~y be kvied or ~sx~scd upon this mortgage and/or the indebtedness y r- " r
secnred henby. e~ch and every, ~rhen due and p~yabk according to law. befoee tbey bccome delinqueat, and "»-V
~ before aay iuterest attaches or any penalty is incnrred: and in eo tar w any thezeot is oi record t6e sams slull be ,e
promptlr s~tisfied and dixlurged ot reoord aad the original of6cial document (such as. ta instaaoa, t6e tas
~ noript or the satisfaction p~per otficially endorsed ar certi~edl ~hall be placed in the 6ands ot uid Matga6ee o t~ f
~ witAin ten days ne:t atter p~yment: and in the event that ~ny tf~ereof i~ not w paid. satisfied ~nd dixharged, ` y'
~ said Mortgagee m~y ~t ~nr time pay tbe same or any part thereof writhout w~iving or ~ftecting any ePtion. ~ +
a lien, equitr or right under or by virtue o( this anortgage. and the (ull amount of e~ch and every sucb p~yment ahaD
~ b~ immediately due ~nd p~y~bk and shaU be~r interest from the date thereot unt~ paid at t6e nte ot tea per~
~ oenturn per aanum and to~ether witb snch intenst ~haU be secvred by the 6en of thi~ uwrtg~ge. ^
~ j N
~ 3. To place and continuously Iceep on the buildings aow or bereafter siwate on said land t~re and ~rindstorm
~ insurance in thc ueud standard policy form. in • sum not kss t6an the ~mount due nereon. in such oompany
~ or companiea ~s rruiy be ~pproved by wid Mortg~gee: ~nd all such inaurana poL'aes on anr of said eu~dinas. ~ay
~ i n t
e r
e a t t h
e r
e i n o r p a r t t l~ e r
e
o t. i a t h e ~ g
g
r
e
g~ t e a
u m a[
o
r
e s a i
d o
r i n e: c
a
s t
h
e r
e o f. ~ h a l l o o n t a i e t b
e w
u a
l
~ ~taod~rd mortgagee elaux making tl~e b~ under said poticies, ach and every, pryabk to said Mortgegee as his C
~ intere~t en~y appe~r. ~nd e~cA ~od every such policy s1uiU be PromPUY delivered to and beld by s~id Mortgag~s; ti
~ ~nd, not kss tAan ten d~ys in advanee ot che e:pir~tan of e~ch policy, w deliwr W~aid Nortga~ • rao~d . N
~ thereof. together witA a receipt tor the premium ot such renewal: ~nd there sl~aD be no aueh ins~vanu ptaced o
on ~ny of said buildings, any inte~t tAerein or p~rt thereot, unle~s ia tbs tom~ and witb tA~ bn p.y.b.e as
~ a(oresaid: ~nd in the evsnt any ~um of money becomes p~y~ble under iueh poliep or polkies aed said Mortg~g~ ~
t ~
~ ~~~'~K312 P~~E2855
Q
.
.
~~.WU. . _