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Home My WebLink About2142 ..r • BUIlOING "0" 4rJ9~9 ~ . THIS MORTGAGE Ot:F.D, made and a:eruted the ~$day o/ _.~U9USt 19 79 by Ruth M. Cracke t 1264 Earl Drive, Merritt Island Florida 32952 Blanche B. Woad.-2558 Newcomb Lane. Melbourne Florida 32901 _ M»inalter called the Mortpgor. which term ehaU include the heirs. kg~l representatives, successors and aaaigna- o[ the acid Mortgagor eherever the context eo requires or admits. to TURTLE REEF ASSOCIATES. INC.. P.O. Bo: 61a. Jensen 8esch, FL 9aiS7 hereiaatter eaUd' the Mortgsgee. which term shall include the sueeessora and assigns of tM said Mortgagee wherever the Conte:t so requires a admits. WITNESSETH: That for devers good and valuable considerations. and also in coasideratiQn of,tM aggregaq stm named let tM promissory note of even date he»with he»inetter d*xribd. tM and Mortgagor dop Aareby grant, bargain. sell. alien, remise. release. convey and confu~ra unto the said ~tortgagae, his heirs. stteosssors gad assigns, all tM terrain piece.... parcel.... ~ a tort.... of land. of which the said Mortgagor is cow seised and possessed and iaactual possession, situate in the County of St. Lucie and Slate of Florida. deaaibetl as Eoll++ws: ~ ~ Unit Weeks 45 and 46 i n Condominium D -8 ~ 'i G ' consisting of Apartment Number D -8 and its undivided share Q of. the common elements of Turtle Reef Condominium I, as such is 1 {J 1 ~t described in the Master Form Oeed, recorded in Official Records Boo„ ' ~ 263, Page 2002. This is a purchase money mortgage. ~ - lt is further agred batweea the parties to this mortgage that. is addition to the terms and co:ditioas set out he»ia. u • tonwyaaa should be made by tM Mortgagor of the prsmissa hereto daseribed, or stay part tbareoi. witbont first obtaining both the writtatt consent of the holder he»oQ gad as assomptioa d this ebligatioa. is writing. by tM oe+r prvposad Grantee. then, and is that event. at the option of the bolder heeeo~ - without twtia, all sums of money secured hereby .hall, immediately gad ooseuers•tiy with auth tonwysaosr bsooaoa doe and payable and said Note and Mortgap shall be b default. _ _ TO HAVE AND 'PO HOLD tM saint; together with all gad singular tM taoemeata. hseeditamsate and ap• purtsaanoas thaewnto bdongiag a in anywise appsrtainiag and the teivsrsion gad teversioos, reraaindsr and t,, maiaders. rents. insure gad profits thereof gad also all the estate. right. tick. interest. property. posaeasios~ e]alm gad demand whatsowar as well in kw as in equity of the said Mortgagor in and to the same gad awry part god pattd thereo[ unto the said Mortgagee. and hie heirs. attecessors and assigns, in tee sirapk. And said Mortgagor. for himself. and his heirs. legal represaatatives. sucoesso» gad usigaf, hereby oateesants with said Mortgagee. has heirs, legal representatives. sueeesaoes gad assigns, that said Mortgagor is iodstiaaibly seized of said land is fee sunpkc that the acid Mortgagor has toll power gad lawfd right tq toava7r the same b tea simple as aM»said: that it shall be kwtul tar said Mortgagee. hb heirs, legal reprsssatstiveo. eutpaoes and aaaigas. ~ at all times peaeeaWy and quietly to eater npoa. hold. oowpy and enjoy said lead and sesq part tbe»ot; flat said lead is fire from all iacttmbranossc that said Mortgagor. hie heirs. kgd eepeesantativee, sttoonsoes sod assigns, wr7l malts stteh turthar aasuranoss to perfect the fee simple title to said Lead b raid blrotaagsR ~ Ilia heirs. legal sepeeseetatives. sueeessors tad assigns. ss may reasonably be »gaind: and that acid Mortgagor does hereby folly warrant the title to said land and every part thereof gad w® deterd tIa same agsiast td lawinl claims of all psraons whomsoever. It b uadersteod that each of the words. "rota". ••mortgagor" and `~ortgagss° rsspaetively gad the referring tbareto. whether is the singular or plural anywhee* is this mortgage. shall be sirtguLr H era aebr ~ • ~ shall be phtral jointly gad sevaraUy. if more than one, and shaD b maaco>iae, feminine aad/ar aaritse. irltaiee the eonta:t ao implisa or admits. And said Martpgor for himself and his heirs. kgsa »preeeetatiws. sttcoasore gad asdgns. Mre6ry oovetmb € aa~ agrees to and with acid Mortgages, his legal rspressntatives. suaesso» and assigaa H- ~ 1. To pay all and singular the principal and interest and tM wriow and sundry wins of money payable b~ O + virtue of said promissory note, and this atortgage. each std every. promptly an the days tespsetivdy tht same ~ ~ 3 severally become due. c ~ y Z. To pay all gad singular the tares. asssssmenb. levies. liabiL'ties, obligations and i4eumbranas of every: Q nature and load now on said dexnbed property. and/or that hereafter may De imposed. suffered. placed. hwia8 or assessed thereupon. and/or that hereafter may be levied or asaesad upon this mortgage and/or tit. bdsbtedow v Q aeeured hereby. each and every, when dw and payable aooardiag to kw. before they beooma ddingnaaR, ~ "t beto» any interest attaches or any penalty L incurred: gad b ao tar as gay thereof b of record tlts same shall bs promptly satisfied and dixhargad of record gad the original otNdai document (such as. toe iastanow tb ta= receipt or the satisfaction paper officially endorsed a ceetifiedl chaff be plead io tM hands o[ acid Mortgages within ten days nest after payment: and b the event that gay thereof b not ao paid. aatisfad gad diseha:gad, acid Mortgages may at gay tams pay the same or any part thereof witbont waiving or attscting say opttoo, lien. equity or right under or by virtue of this mortgage, and the tuD amount of each and awry such payment span be immedLtely due •nd payable and shall bear tatarest from the date the»ot tmtil paid at tM rate of tea per asnturn per annum and together with such interest ahaU be secured by,the lien of fhb'mortgage. g. To pba and wntinuoualy keep odyths hniidiags now or hereafter situate eo said land fl» gad windstorm insurance is the usual standard poUcy forel, b • earn not lssa than the amatnt dw hereon, b such company a companies as may be appeovad ~C said )j~tartgagee: gad all suet inatrraace poiseita on gay of said butldinga, gay in'tsrest thcreia or part thereat. li 1Rt sum aforesaid or b espss thsreo~ shaD torttaio the usual ataadard nartgagee cleans mahins tM joss finder said policies. each and awry. payable to said Mortgagee as hie iatereet Wray appear. and each end every ands pdky shall be promptly delivered to gad held by acid Moetgsgss¢ and. not less flan ten days b advance of tM saptration of each poUcy. to deiiew to said Mortgagee a seerawsl thereof. together with a receipt for the premium of wcb reaewak and thane shat b sa such bsrnsnoe pLasd m •ay of said buildings, gay bte»st ebsrsiri or part thereof. unkes b the fore std wit? the log payable a. aforesaid: gad Ls tM went gay sum of money beooma payable ttnd.r aneh poUcy w pdkiae as€d acid Martgsgsa t~~l~lk, l~ l l n.nr