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HomeMy WebLinkAbout2673 BUILDING "C" ` - +~ra?~~a~ TNIS \10RTOAQE p1:EU. mule and a:rcutrd the 4t~ay of August ~ 19 79 by Charles ~1 Dayi c bpd loran o i 9e Jensen Beach, F1 33457 hereinafter ce`«rd the T?loretCaRor. rr)sich error ahaU include the he'va. legal trpnaentativu, auceeaaors and asaigna of the said tiiortgagor wherever the eonleat sa requires or admits. to TURTLE RF.EP ASSOCIATES. lyC.. P.O. 8a~ 618. Jenxn Beach. FL:33457 hereinafter called' the Mortgagee. whkh isrm shell include the successors aad aaaigas of tM said Mortgagee e~herever the content so requires or adesdts. ~ ~ } WITNESSETH: That for eleven aced aad valuable tonsiderationa, and also in consideration of tM aggregate sum i named in the pdmiasory ante of wen date herewith hereinafter deseeibed, the said Mortgagor does henbr great. bargain. sett. alien. realise. release. convey and confvm unto the said Mortgages, hie bairn. stroosssoes sad assigns. all the certain puce.... parcel.... or tract.... of lead. of which tM said Mortgagee b now seised and poasased and inactual possessan. situate is the County of St. Lucie and State of Fbrida. desaibsd p b8owec i. Unit Meeks 40 and 41 in Condominium C-8 consisting of v Apartment Number C-8 ,and its undivided share of the common elements of Turtle Reef Condominiums 1 as such is described in the amended - iMaster Form Deed as recorded in Q.R. book 256, Page 235. This is a purchase money mortgage. It b furthee agreed between the parties to this mortgap that. is addition to the teams sod eonditiorts ant ~ z, out henia. u a ooaveyaaee should bs made by the Llwrtgagor of drs premises herein desaiDed. ar sap part ' tlsereo4 without lost obtaiahu both the written consent at the Muter htetot. and as assurspt;on at tlsis ~ o6bptioa, is ereitia~ by tba new peaposed Oraates: than. aad Ia Nut treat. at the option of the Bolder heeot. without aotke. alt same of mwney seared herby attaD. Immadiataiy aad oonenrtsntly with at;eh oaavayarres, beoima s dos and payable aad said Note aad Maetgsgs shall bs is detank. 'rp HAVE AND TO HOLD tM came, together witL sD and singular tbs teaementsr Leesditrmsmis aqd ap- pnrtsaanoa tba~enato belonging or b anywise sppaetaiaiers and the aversion and reversions. remainder and re- aoalsders. rears. iseuea tad profits thereof and abo alt the estate. dghL tkls. interest. peoparty. poassasion~ ~ and demand whatsoevar• as wetlt in law as i4 equity of the ssW 11[oet=agor it and to the same aad areetr peat aad parcel We»ot Hato the said Matgages~, and his heirs. weceasors aad as:igna,.is tee simple And said Mortgagee. toe himsett. aad. tda 1Kirsr legal repeeaea4dva~ aneoessors aad assigns. breby aosvesants with said Mortgagae~, his heirs. legal repnasutstivss. axseseors aad asrignt, that said Mortgagor L iodehasrbiy aeissd of said lead io tee simple: ghat the said Mortgagee has tall power aad Iawtd right to comer the asses is tea simple as atosessid; that it scull bs Lwtal for said Mortgagee. his hairs. ltpl representatives. wooa.ors aad aseigtu. at aD ttma peaaably and quietly to enter upon. -bold. occupy and- enjoy said land and areey peat dMreo~ 4,q that said lead is tree tree, all incnm6rarioac that said Morta+agar. his hies kpl represe~atatiws. atnoeeseora a~od asslgas. wr71 make .aeh tmtu.r .asnraaoes to perfect the tee simple title to said Lad ~ .aid bLtotg.s.4 (`3 Lis bets, Segal repeesaatatives. sucoeasora aad assigns. u Huy reasoaahiy ba retlnirsd: aad flat said ltoetgsgor V` dons hereby fully warrant tbe_ tide to said lead aad wary pact thereof aad w~ defend tba same agsiett the 1awlht etairns of all peesoaa whomsoevee tt Is nnderetOOd that each Ot the words` "Hots • "toortgagae•' lad "mortpges" respeeNraly aad tba ptbrlOeara refi::iag thereto. whetbur is flu singular or plural anywhere is this mortgep. shall be siagalar i! os! oubr aad ? sLaS be phsdi jointly aad aeveraUy, if more than ant. aad shall b masaaGas. tminiaa andlae ueater..rhreevar the aoatau ao implies or adntits. And said Moetgagor for himself and his heirs. legal tepeseeettatiwe~ snooewois aad aasigos. lse:eby aovessatts cord agrees to and with said Mortgagee. his legal repeesentativea, aaooessora aad asaiptec ~ ~ ~ L To pay aD sad singular the printipd and interest and the various aad auadry same of money payable by a -0 " virtue of said promissory note. and this mortgage. each aad every. promptli oa the days respeetivsiy due some x ~ _ awe::Dy become due. f2 = cs ~ H o H ? i To pay all aad singuLr the taus. assessmeata. leriee. liab~l'tiea, obi'igatioaa aad inenmbraaces of every c = ~ nature aad kind now oa said dexn'bed ?roperty. aadfor that heeeafter may bs imposed. suifead. pLeed, levied -Q or assessed thereupon. and/or that hereafter may M levied of assessed upon this mortgage aadk' tM indebtedness ~ H ~ o ~ } aQ natured hereby. sack and every. when dw and payable aocoeding to law. before they become deUagaeat. and . ~ ~ betas any interest attaches or argr peadty is iaeurred: and is eo tar w any theteot is of record the same slue bs o . 9° promptly aetisGed aad discharged of record and the original official doeumeat Isueh as, toe inatanoR flu tor: ~ ~ ~ receipt or the satisfaction paper officially endorsed or certihedl shall b plead is the hands of said Mortgagee ~ ~ H v ~ within ten days asst after payment: and in Ws event that say thereof is not so paid. utisfied and discharged. said Mortgagee may at nay tieie• pay the ums or any pact thereof writboat waiving oe aKsdiog nay option. ~ Its4 equity or right Hader or by virtue et tide mortgage. aad the tut! among of each and every such payment sbaD o $ be immedLtely due and payable and shaD bear interest from flu date thereof uati~ paid at the die of tea par rte' ~ oeatura par annum and Wgethar with each interest shall t» secured by the lies of this mortgage. ~ a. To pLee and eontioiiouely keep oo the buildings now or hsreattar situate on said lead cue and wiadstAarn insunace in the usual standard policy form. is a soar not less than the amount due hereon. io such company a eorapanies as may be approved by said Mortgsge~ and all web iasurancs policies on nay of said buildirtge, aep? interest therein or part thereof. in the aggregate sum atoroasid er iA crease thareo~ shsQ contain the osual standard mortgagee clause melting the bs• under said policies. each aad every, payable to said Mortgages a ids tattreet may appear. and escb and every each policy shall be pcomptty ddivead to and held by acid Moetpseec and, not less than tea days b advance of the s:piratioa of escb policy. to deliver to acid blortgssee • nt+ewal thereof, together with • receupt for the premiiian of web reaawat; and theca shall ba ao web boweasos plead oa am of said buildings, say lntsrsst therein or part thereof: ttolssa in th. form aad with flu bas payable u atoreeald: and in the erect nay sum of money becomes paysbM Hader sueh'poliey or policise and acid Mortgagee BOOK J~~ ~r17«!! ~