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Home My WebLink About2663 . ~ - BUILDING "C" 39 ~ ~5~6 i THI3 MORTGAGE DEED. made and esecated the 29th day of Jul 1Y 79 by Charles Marion 6ennett, Sr. and Fay Rogers Bennett, his wife o 3523 Cumberlin Ct., Titusville, Fla. 32780 hsreieufter called the Mortgagor. whkh term shall include tM heirs, legl reprwentativee. suoaeeon eu?d assigns of the acrid Mortgagor wherever tM contest so eequLres or admits. to TURTLE REEF ASSOCIATES. INC.+ P.O. 6mt 818, Jeasstt Beach. FL 33457 hereIadter called' the Mortgegee; which term shill include the sueosuore sad assigns of tM said Moctgeges wherever tM comest so regains or admits. ~ WITNESSSTH: That for devars good aed vdwble oonside<ations. aed also it considsratioa of tM aggregate eRmt ~ enured in tM ptomissaty note of even date herewith hereiaaftar described, tM said Mortgagor does hereby grant. bargain. ~1. alien. remise. release, convey -and confu~ea unto the said Mortgagee. his heirs. aeooessoea and ~ assigae• all the certain piece..., parcel.... a tract.... of lead. of which the said Mortgagor L now seized and possessed and inaetual possession, situate is the County of 3t. Lucie cad State of Florida, described u follows: Unit Weeks 37 C-7 in Condominium consisting of Apartment Number C-7 ,and its undivided share of the common } .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. This is a purchase money mortgage. It is further agreed between the pasties to this mortgage that, in addition to the terms and oonditiom set - ~ out bsnhe. U a conveyance ahouid bs made by the Moetgago' of the premises herein desaribed. a eery peat ~ thereof. wtthont first obtaining both the written consent of the holder hereof. acrd an assamption of this obiigstios. is wrking. by the new proposed Grantee. then. and in that evert, at the option of tM bok4r hereof without notice.- all sums of money secured herby shall, ima~iedistely and ooeisureentl)r with each conveyana~ become des and payable and said Note and Mortgage shall be io defanit. TO HAYS AND TO HOLD the same, together wkh aD end singular the twmsrts. hereditamerits aril ap- purteranoes tbeeenato belongiong or iA anywise appertsintng and the nversioa and reversions. remainder and re• y maieidsrs. rents. iaeuee and pe+o6ts thereof and also all the estate. right. title. interest. property. poeaaseior. claim and demand whatsoever as weU in law u in equity of the said Mortgagor in and to the same sad every past and ~ _ parcel thereof onto the said Mortgagee. and his heirs, auoeeseors sad assigns, it tee simple. . And acid Mortgagor. tar himself. and tie heirs. legal representatives. suooeseora sad assigns. hereby ooreverants wkh said Mortgagee. his heirs. legal cr!preaentatives, suoexssors and assigns. that said Mortgagor is indefeasibly ' seized of ssid Lnd iA fee simple; that the said Mortgagor 6ae tnll power and lawful right to convey the cams is fee simple as aforesaid: that it shell be lawful for said Maetgagse. his heirs, legal representatives. euoressors and aasigra, at aD times peaceably and quietly w enter upon. hold. occupy and .enjoy said land sad every part theeeol: -that acid land b free from all uicumbrariose: that said Mortgagor. hb heir, legd repreesntativee, snooessoee and atsipw. wiR make wch twther aesnranoes to perfect the fee simpM title to said land in said Mrotgages~ his hdrs. Iega1 representatives. snabesors and assigns. u mq reasonably bs required: and that said Mortgagor does hereby fntb warrant the title to said Lrd and every part thereof, and wilt defend tbs same against the lawful calms of all persons whoersosvar. It is mderstood that each of the words. "note". "mortgagor" and "mortgagee" .respectively and the pronouns referring thereto,, whether in the singular err phiral anywhere in this mortgage. shill be eiagulsr ii one oni)r and Wiall be phial faintly and severally. # more than ores, sad shaD bs masailieie. feminine and/or renter. wherever the eorteat ao impliu or admits. And said Mortgagor kr bimsdf aril hie heirs, legal repreesrtativse. soooeaeors and assigns. hereby oovensnts and agrees to and with said Mortgsgse, his legal repreeentatiwe. suatiesors and aaignK i. 1b pay aD aril singular the prieieipat and interest and the various and sundry sums of monty gyable by - vhtru of ssld peomissory rote. and this mortgage. each sad every. peoosptly on the days respectively the same severally beooaos des. i To qy aII and singular tbs totes. assessmtnte. levies. WbSh'tiee. obligations and ineumbranoes of every ratans and kind now oa said described propetty. and/or that hereafter may be imposed. suffered. placed. levied err aesesssd theranpor. andbr that hereafter may ba levied or assessed upon this mortgage and/or the iadebtedrees aeeaned hereby. each sad every. when due and gyabk aooordIrg to law. before they become delingnert. and before any interest attaches err a~? pwlty is iaerrrsd: and is w far u a~? thereof is of record the name shall bs F ~ r c c° ° f~P~' estisfied and dischvged of record sad tM origienl official doenaiert tench ore. to iastanoe~ tM tor: ~ ` o " rsodpt or the estishction gper officially endorsed or certified! shsD bs placed io the heeds of said Mortgagee t ~ ~ t ~ wkhir ter days nest after gymert;' aed io the event that any thereof b rot so paid, satisfied aed discharged. " n said Mortgagee may ac eery time qy the same or any part thereof without waiving a aHed3rg any option. o ~ lisp. egnky or right render or by virtue of this mortgage. and the full amount of each and every such gyment shaD ~ ~ be immediately due and gyabie sad shaII bear interest from tM date thereof until paid at tbs refs of ter per oertnrn per annum aid together with such interest shall be aeenred by the h'an d this mortgage. N p ~ Y a. To place and eoatinuonsy keep on the buildings now err Mreaiter sitnaa orr rid Auld fire sad windstorm ~ ~ a T _ iaairaroe is the naval stsndsrd policy- form. in • sum rot lees than the amonrt due hereon. ld svdi company - ~ 7° or companies. as easy be epprored by said. MaRgagss; and all each insurance poiides or any of said eery 8 ~ ~ H ~ interest therein or part thereof. is the aggregate sum aforeasaid or it eseesa thereof shaD cootair the awl s ti °x standard mortgagee clause makia~ tbs,kiss render said policies. each acrd every. psyabM to said Mortgagee a• his inteteet may appear, and each acid every aq~ policy shall be pr+omptiy delivered to and Acid by rid Maet,pgest , r o wo and. not less than ~S ~ys advarQs of the espiratiae opt each policy. to deliver to esW Matpges • ewirwat r ~ thereof. together wdth a for t!w predeirae of eseb rrnw.ak and there shall b ro aoeh iasoranos phiosd ~ ~ on .any of said bdDdirigs. air interest therein or pad thsrest. '4ealssa io the form and wlth tM loss gyabis q a aforesaid; sad in tM event any sum of moony becomes payabY order wreb .policy a poiidss aced said Maetsagee ' ~ ' BOQKJI4 PAGE2,lhJV 4