HomeMy WebLinkAbout2701 _ - -
_
BUILDING "D" 4rJS~rJs ~
- ~
THIS MORTOAOB GEED. made and executed she 19th of JU1y 19 79~
Katherine Porters of 3205 M. 16th AVe. C-53 Hialeah, F1 33102
hseeiaaltsr Ballad ties Moetgagor. whkh term shall include tM heirs, iesai rspesssatadves. sucaeasors and assigns
of tM Bald Mortgagor wherever eM contest so requitor a admits.
to TURTLS REEF A380CIATEB. 1NC.. P.O. Bos fill. Jsasea Bsscb. FL 931b7
hssubaftsr ailed' tla Mortgagor, whkh term ahaD iodude tM suooessors and assigns of tbs
acid Mortgagee wbsrwer tM oonte:t so equine or admits. '
WI17YSf3t3ETH: That for levers good and vaiwbb oonsidsratiocs, and ciao in ooasidsratiQa of tla ~~u sum
named is the promissory ante of even date herewith bereinaher described. tM said Mortgagor dose hereby
great. bargain. sett. ~ alien. semise. release, oa?vey and oontirm unto the said Mortgagee. hb baba. woosasors and F _
aaaigaa. all the certain piece.... par~al.... a tract.... of hnd. of which the acid Mortgagor b now ssi:ed and
..possesesd and iaaetuat poeseasion, aitwte in the County of 3t. Lucie and State of Florida, described as kilews:
_ ~ Unit Weeks 31 and in Condominium D_ 26
' consisting of Apartment Number D 26 and its undivided share
of the common elements of Turtle Reef Condominium I, as such is
~
r
..z described in the Master Form Deed, recorded in Official Records Book
.D u
263, Page 2002. This is a purchase money mortgage.
It b iurthar agreed between the parties to this mortgage that, is addition to the terms and conditions set
out hartln. U a oonveyanee sboukt be made by the Mortgagor of the premises herein described. or any- part
tber+sot. witbont &at obtaining both the written consent of tbs bolder hereof and sn assumption of this
obligation. -in writing. by tM new proposed Grantee, then. and in that evaat, at tbs option of tbs bolder bsreoL -
without online. all soma of money secured beraby shall. immediately and concurrently with aucti eonvayanos. become
due and payaMr and acid Note and Mortgage shell bs is dehult. .
TO HAVE AND TO •HOLO the cams, Together with all and singular the teaementa. bereditameats and ap- ~
pnrteoaaoes tlwramto bebaging or is anywise appertaiaiag and tbs reversion and reversions. remaiadsr oral r+r
naLadsrs. raata. bsnsa and profits thereof and aLo all the estate. right. title. interest. property. poaseaaion. elaka and
dsraand wbataorver as well in law' as in equity of the said Mortgagor in and to the same and every part and
pared thereof unto the said Mortgagee, and his heirs. suoeeasors and assigns, in fee simple.
And said Mortgagor. for himaalf. sad his heirs. legal repeeseatativea. sueoessore and assigns. hereby oonvsnaats
with said Mortgagser. his heirs. legal repeearatativss, auccorsors and aseigas, fiat said Mortgages b iadefeap'bly
seised of said land ip fee simple: that the acid Mortgagor hors full power and lawful right to ooavey the ssms in tee ~
simple u atoreatid: flat it sbaD be lawful for said Mortgagee. his heirs. Mgal rePreseotativse. soaxa~dts and aasigar.
at aft flares pesoaably and quietly to aster upon. bold. ocarpy sad enjoy said land sad ever" part thereof:
that acid land b iror from all iacumbranees; that acid Mortgagor. his heirs. Isgd rsipeeasntatives. auooeseors and
aseigaa.' wiq Hake such further assuraaoes to perfect tbs fee simple lids to said land in saki Mortgagee.
bb 6eire, iesai representatives. suooeseors and assigaa. ore may reasoeabty be requited: and that said Mortgagor
does hereby fnUy warrant the title to acid land and every part thereof and wr71 defend the same against the
lawful ebima of a0 persons whomsoever. .
it b understood that each of the words, ''note". "mortgagor" and ..mortgagee.. respectively sad for pronouns
referring thereto. whether in the singular or plural anywhere h this mortgage. shall be singular if one oaty and
shall be phrral jointly and severally. it more than one, sad shall be masenlias, feminine and/or neuter..rheeever
the oontast ao implies or admits. 4
And said Mortgagor for trirmelf and his heirs. legal representatives, wrocessore and wigna. hereby oaveaaats and
agrssr to and with acid Mortgagee. his legal repteseatadves, atasssora sad assigns: ~QQ ~ ~ a
- # x
1. To pay ag oral singular the principal sad interest sad tbs various and sundry sums of moray payab4 by ~
virtue of said promissory note. sad this mortgage. each sad every. promptly on the days respectively the same ~ M
severally become dw. o
Z. To pay all sad singular .the tasea. assessments. levies. liabilities, obligations sad iacumbranoes of every ~ ~ ~ p
nature and kind now on said described property. and/or fiat hereafter may be imposed, suffered, placed. Isviad f° ,'a ~ ~
or aoresssd thereupon. and/or fiat hereafter may be levied a saaessed upon fhb nrortgaga and/or the iodebtedtrsss E
recu»d bareby. each and every. when due and payable aoeotding to law. betoee ~ ~ u
before u interest attaclrea of an ~y become dstiagrreat, and
y y peaaky h incurred; sad in so tar or s~? thereof b of record tbs aama shelf be ~ ~ r
promptly satisfied sad discharged of reooed sad the origins! offkial document laneb as. for instances, ~ y ~ s
reaipt or the satbfaetioa papa officially endorsed or certified) shall be plaard io the bands of raW M r+? o
wkhia ten days nut aftir payment: and h the event tint any thereof b sot ao paid. wtbfad and diaclarged.
said Mortgagee may st air time pay the came or any part thereof without waiving or affecting any option.
lies, equity or right under ar by virtue of this mortgage, and the full amoant of Beth and every such pymeat shall ~ ~ ~ ~
bs immediately due and payable and shall beat interest from the date theeeot until paid at the rate of tea per
oeatura per annum and together with such interaaL shall bs secured by the lien of fhb mortgage.
d. To plane and oontiauowly keep on the bur7diags now or hereafter sitwts on said land foe and windstorm
iosuraad in the usual standard polity form, in a sum sot ins .f~ ties ataonnt dos hereon. in such conopany
a ooaspanbs u nay be approved by said Modgagor: and sD such iasurmos poiieior on any of said bur7dinga. any y
intereot therein or part thereof. in tM aggtegata sum afonaaid ar in escort thereof, shaD owtaia tbs usual
standard mortgagee clsnse tasking the loss under said policies. each sad evep. payable to said Mortgagor as hb
iotereet may aPPear. and each and every such pour shall be ptoenpty ddirrared to sad hskl by said Mortgsgeec
sad. not less than tea days b advaaa of tM a:piratiou of Beck policy. -to daiirrar to said Mortgagor a rsrarrsl
tbeeeoff. taeetbar with a apt Mr the premium of sneh renewal; sad thse+s shorn bs ao such iawrrnoe pbpd
ore say of raid buiidiags, any intsreet tbeeeio or part thereof. nnbsa is the corm and with the loor payable as
atoraraid: sad is tbs -event say sum of money bsooma payabb under aneh policy or poliebs sad said Mortgagee
c~ i
BUOK J~~ ~D~GE ~+1~~7`#
3