HomeMy WebLinkAbout2134 t 1~~,
6UILDING "0" 4~~ra3aS
THIS MORTGAGE DEED, made and eaeeutad the 31 day of August 18 79
by Ben~min H Bryant and Betty J . 6ryant, his wife of 1107 Conqui stai?or Dr. ,
(~nckledsea Fl. 32955 _
bereinatter calld the Mortpgor, which term shall include the htvs, kgil repr:seatstives. aucasson and aasigne-
ot the acid Mortgagor wherever the Conte:t so requires or admits.
to TURTLE REEF ASSOCIATES. INC.. P.O. Bo: 61a. Jensen $each, FL ~3iS7
Aereiaatter called' the Mortgagee, which terse shall include the sueeess«s sad a»igas of tM
said Mortgagee wherever the Conte:t so requires « admits.
WITNESSETH: That for eleven good and valuable eonsideratiotu, and also in oonsidxatipn of tM aggrepta w:m
named in tM promissory note of even date herewith hereinafter described. the said Moetgag« does
grant. bargain. seQ alien, ntaise. release. convey and contvm unto the said Mortgagee. his heirs, wtooesaors aed
asaigat. all tM certain pica..., parcel.... « tract.... of land. of which the said Matgtgor is sow seised and
possessed and inactusl possession, situate in the County of St. Lucie and State of Fbrida, described a foDewse
Unit Weeks 24 and 25 in Condominium D 8 -~D
consisting of Apartment Number D $ and its undivided char,
v
of the common elements of Turtle Reef Condominium I, as such is
described in the Master Form Deed, recorded in Official- Records Book
263, Page 2002. This is a purchase money mortgage.
It is further agreed batweea the partisa to this mortgage that. in addition to the forma and con+~igom ad
.`out beeeia. it a oonveyanoa should be made by tM Mortgagor of tM premiere bsrein desailted. « ergs part
<tbxeof. without first obtaining both tM written consent of the holder bsraof, and as asemmptioa d thin
ebligetioa is writing. by tlw ner proposed Grantee. then. and L that event. at the option of tsa hoidee beef
without ootioa, all reins of money secured 6steby shalt. Imm.diateiy and eoacutrentllr with such ooavayaooar bsoora
dw sad payable and acid Note and Mortgap shall be in det~ult. .
TO HAVE AND TO HOLD tM tame, together with tU and singular tM tee.tsests. baetditamests sad ap•
purteoaneer tbereunt+o blostgiag « in anywise tppertaining and the rwersion and rrvsrsioss, Tama;nd« and t,?
maiaders, e+sots. isawa sad ~ofits thereof and also aD the estate. right. title, iacerest. prop«tr. poaesaaio4 eWm sad
demand wtutswwer as wall is law as in equity of the said Mortgagor is and to tM soma std rv«y part sad
parcel thereof unto the said Mortgagee, and his heirs, successors and assigns. in tee simple.
And crud Matrtgag«. t« bimseU. and hie heirs. legal rep»ssntatives. tucoaaors and assigns. bsa~aby coAwaaab
with said lbiortgapa, his heirs. legal represantativa. successors std assigtu, that acid Moetgsg« is indefasib}y
seised of said lead in fee simplsc that the said Mortgag« has lhll power sad lawtd right t4 ooavq tln same is -tee
simple as aMreaid: that it shell be lawful for said Mortgagee, his heirs, legal repressntativts. aneearoes and
at aD tunes psaeeably and quietU? to cabs tows. bold. ooenpy sad enjoy said Iaad std e+rw~ past
that said lead is dree from all iaeumbrannsc that said Mortgagor. his heir. legal repe+aesatatiwt,, rocaeeera
j assignu wW make atteb further assuranoea to psrtect the fee eimpL titL to said Led is aW
his bsirs. legal repeesentativa. susceston asd assigns, as may reasonably bt regnie+ed: and that said ? •
~ does hereby tally warrant tbt title to said land and very part thereof and will defend the yams agaimt O
Lwtni claims of all peraooa whotsaower.
It b understood that each of the words. "note". ..mortgagor" std '~octgaga" reepeetivaly asd tut
referring thereto. whether L tM singular « plnrd anywhere in this mortgags. shall bs singaLt it ore otebr aa~
tbaD be plural joiat{l? std severally. if more than oen. sad ebaD be maacttlias~ hmisiat aadlor scatter.
the ooaten a0 impWs « admits.
And acid Mortgagor for htmselt and his heirs. lepl repeeeeetathrst. wtaaseon feel
bsreby _
egress to and with said Mortgagee. his legal eepreantativa. euaeseors asd assigtn:
1. To pay all sad singuLr the principal and interest and the various end sundry cams of money pyable bf~ ~
virtue of said promissory note, and this nnrtgags. each and every. promptly as the days reapettiwbr the ~
severally become due.
Z. To pay all and singular the lases, assessments. levies. liabt7itia, obligations and iacumbranoes of eveq
nature and kind now on said described property. andlor that lureafter m.y be imposed. sutfsnd, placed„ levied
« asxssed thereupon, andlor that her+eafta may be levied « assessed upon this mmtgagt andl« tbt iodebtedsas
asntred hereby. each and every. when dw std payabb tooordiag to law. bJa+e .they baoome deiinqusot. sad
before any interest attaches « say penalty V iacvrnd: and fa so tar is ergs thseeot b of record tbs same shall bs
prompty satisfied and discharged of Wooed and the original ofBdal document trueh as. Isstaaae~ tbs tor:
receipt « the satisfaction paper officially etdorsed « certifiedl shall be placed is tbt hands o[ and Mortgages
witbia ten days w:t otter payment: and fa tM event that any tMreof b not a paid, satisfied std discharged.
acid Mortgagee msy at any time pay the same « any part thereof without waiving « affecting soy optios,
lien. equity « tight under « by virtue of this mortgage. and the tell amount of etch sad every siteh payment ahaII
be immediately due end payable and shall bear interest from the date thereof tiritn paid at the rate of ten per
osstuni per annum and together with such iutareet shall be aecnrsd by the lies of tbb'mortgage.
9. To plan and continuously keep oa the buildings now « bereahar situate M slid Led Elsa asd wiodsWsss
insurance is the usual standard policy form,, L • sum not lac than the amount dw hewon. in such tArnpaay
« companies as may be approved by said M«tgaga: and at1 wtli insutanos poticiss ea soy of said buildings, say
interest theieia or part thereof. is the aggregate sum atoseaaid « is etrcess tssreo~ shall eontaia tss fiscal
standard nwrtgagee clause making the loss andsr said policies. each and every. payable W said Mortgagee is his
Istereet may appear. and each sad every suelt policy shall be promptly dedvsred to tad Bald by aid MaetgsgatC
and. rat less than tea days 6i odvann of the a:piretion of etch polky. • detitrsr to aid Mortgsgse • ewnwd
thereof. together with a reoeipt for tM peetabim of such reaawak sad these sine bt sis sees Wearers pLoed
on any of said building, fay istar:st thweis « part thsnet. ttsilea b tbs torte red wits tss brs payable w
aforesaid: and la tM event asy rum of moray becomes psytble tinder wets policy « poiieJes sad acid Mortgages
G~~~3~6 P~c~21:~d