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Home My WebLink About2129 • .r BUILDING "D" 459233 l THIS ttORTGAG6 DI:BD. made and a:eeuted the 24 day of August 19 79 by Baker Realtor, Inc., of 24 Route 46 East Elmwood Park, N.~1. 07407 hereinafter called the Mortgagor. whicA term ehaU Include the heirs. IeR~1 npreseatatives. successor and asaigna- of the said Mortgagor wherever the context so requires or admits, to TURTLC REEF ASSOCIATES. 1!~C.. P.O. Bo: 618. Jensen $escb. FL S~iST - l~ersiaalter eaUad' the Mortgages. which term shall Include the euecessora and usigns of flu said Mortgagee wheerever the context so tequlres or adenita. WITNESSETH; That for dwers Rood am! valuable considerations, and also in oaesideratign ot.tM ag`regata ee:ae named lee tM promissory sects of even date herewith hereinafter described flu said Mortgagor dogs grant. bargain. sell, ab'en, remise, release. convey and confirm unto the acid Nodgagee. his heirs auaasars ~ assigaa, all the certain place..., parcel.... a tract.... of land. of which the said Mortgagor b cow eeitad ad possessed and iaactual poaseasion. situate in the County of St. Lucie and Slate of Fk?cida, described a totMwx Unit Weeks 31, 32 and 33 in Condominium 0 _ 27 - consisting of Apartment Number D -27 and its undivided shat, of the common elements of Turtle Reef Condominium I, as such is ~ v described in the Master Form Deed, recorded in Official Records Book 263, Page 2002. This is a purchase money mortgage. it is further aged betweaw the partba to fhb mortgap that. in addition to the terms and oo~tioas set ~.z out barein, ii a eonwyanoe should be made by tM Mortgsgsr of the premises heeein dacri~d, ~ p~ tbersot wkbont first obtaining both tM writtae eoasaeet of tbs boWa hereof, and as aswumptioa a[ tMa ablig+stbn. bs wTiNag, by tM tort proposed Graatsa, then. and in that event. at the option of the bolder keeeoi~ . ~ ~l without notlu, all sums of moeeh? secured hereby shall. immediately and ooncurtently with such oonvsyaae~er beoama dug and payabM and said Note and Mortgap shall be is defaeilt. TO HAVE AND TO HOLD the same together with all and aiogular the teaeeoeeits. bersditaeaeab gad ap purtaaanca thereunto belonging of in anywia appertaining and the reversion and reversions, remainder and t? maiaders. teats. hence and profits thereof and also all tM sstats. riglet. title. interest, property. possasaioe, elalm gad demand wbatawvsr as well Ia law as in equity of the said Mortgagor in and to flu aaa» gad awry pact gad pared thereat unto the said Modpgee. and big baits. suceeasora and aasigaa. b tea simpM. At?d said Maetgagw. for himadt. and his hdra. Legal rspteeentativaa, auceeason and aesigas. heathy e+oeewoasq with acid Mortgages, his heirs. Legal repr+esaretativss, eueceasas gad assigns, that acid Mortgagor b hads[itu seized of said Lad Ia !es simples that the said Mortgagor has full power and lawinl tight tq convey the same is to simple as aforeaid; that it shalt be lawful far acid Mortgagee. his heirs. legal eepreeea?tatiwa. sueaaota gad assigns` at all times peaceably and eluietly to eater apoa. bold. ooeaepy and sajoy said land and svaty part theteo~ that said land b tbee from art ineumbranoeR that said Mortgagor. his heirx legal rspeeaeetativete, auocssson gad s»ign:r wW make retch tetrther aaawances to perfect tM tee simple title to said load m aaW Moetgagar hb heirs. legal eepeesentatiws. sueoeaaors and assigns, as may taeonably be sequined: and that said D[ortgsgoe does hereby fully warrant eba tiw to said land and very part tharsoi and .eat ddand etu ~.ma agaiest the l.wlul claias of all persons whomsoever. . It b understood that each of the words. "rots". ''mortgagor" and "matgsgea" tsspeetively gad td p,omrma referring thereto. whether ire the singular or plural anywheee is this shaft be plural f ointly and aawrany, if more than one. Bred shall b mesediae,, hmbias asd/ar trertter. tM coarser so implies or admits. And said Mortgagor for 6lmself and his help. Legal repeeseetatlvss. setcawors and aadgaR hereby Q agrees to and with sold Mortgagee. his Iega! raptesentatires. suoaaeora gad aasigas: - 3 • 1. To pay all and aiogulu the principal and interest and tM various and sundry sums of aaomy payable virtue of said promissory note. and this mortgage. each and every. prnmpttj? oa the days nspsedw{y Ilse sweniUy beoonu due. To pay all and singular the fazes. asaasamenta. levies. liabilities, obligations and ineeembrasess of nature and kind sow on said described property, and/or that hereafter may bs imposed. sufterad, ptaesd, ~ or aaaessad thereupon. and/or that hereafter may bs levied a assessd upon thin mortgage and/or ttu assured hereby. sub and every, when dw and payabb aoooediag to law, bsfors tbeTr become ddbgneaR, ~ before gay interest attaches or any penalty b iacvrred; and iA ao tat as any thereof b of record the same steatt~ promptly aatIafied and discharged of rsooed and the origleeal ottkial doeamsat ranch as. for iastano4 tba eeceipt or the aatistaetion paper offuiatty endorsed or certified) sluU be placed b the bands of said within tees days nor:t after payment; and Ia tba went that any thereof b not w paid, atisfied and ~ said Mortgagee may at any lima pay tM gams or any part thareot without waiving or atfaeting gay opttoa, ~ Q lira. equity or right under or 6y virtue of this aaortgage. and flu full amount of sac6 and awry such payment shaII bs immediately due and payable and shaD bar interest from tM dots tbaeof meth paid at ch. rate of tea per • oenturn per annum and togetMr with such iate:sst shall be secured by the ilea of thb'mFo~age. 3. To pletp gad eontinuoualy keep oa the buildings now or haeaftet sitnaN ea said heal tin gad wiodstocm insurance is the usual standard policy form. is • sum not Lea than the amoud dw hereon. to such . cot~any or companies ore enay be approved by acid Mart;ager: and al! such insuranp poUCias oa any of said bulldierp„ any Interest therein or part thereof, in the •ggregats sum aforesaid or is r:seas tlueeof. shall ooetain the ~sud standard nartpgsa chugs tasking the loss wader said polieeia~, each and eveq. payable to said ldortgaga as his intersst may appear. and sash and every each policy shall be promptly delivered to std held by sold Mortsagasc and. not lass than ten days ise advance d the erplrstion of each polky. is delisw~ M said Mesigsgee a seeeewtl thereat. together with a reoetpt br else pr+amiata of such raawak and then shall b sec such Wsunteas ptaasd on soy of said 6uiidinge. gay btw+est thatch ar pad tbereot. tenLew b ed foss sad wit? the Loss payabta w aforesaid: gad Ls the event any emm of taoruy bsootaa psyabb nndar eencb pocky ~er~~potidsa aaa acid ILortgagsa an~~K J1~ ~~ra: ~ ~Q