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HomeMy WebLinkAbout2147 . • j BUILDING "D" 4~~~ TH[S MORTGAGE Ol:EO, recede and executed the _~day of Att9ttc# i9 79 by .IncAnh n_ Cnllner and Rarhara Y_ t'ntlntar his wife of 142 S. Twin Lake Rd. Cocoa Florida 32922 hr:sinaft called the Mortgagor. wrhich term shall Include the heirs. k~l repressatatives, autceason and aaai~ s- ot the said Mortgagor wherever the context so requires or admits. W TURTLE REEF ASSOCIATES, INC., P.O. Box 618, Jensen Beach. FL ~~~57 hereinafter ealkd~ the Mortgagee, which teen shall include the successors and assigns of tM said Mortgages wherever the context so requires or admits. WITNESSI:TH: That for eleven good and valuable consideratioaa, end also in eonsidentign of the aggrepq st.ta named in tM promissory rota of even date herewith hereueatter described, tM said Mortgagor dttp grant. Dargaln, sell, alien, remiss, release. convey and confirm unto the acid 1lortgag+es, his heir, wooa»on sad assigns, aq tM certain pica..., parcel.... a tract.... of land. of which the said Mortgagor is stow ari:,ad and i poaaased and inactual possession, situate in the County of St. Lucie and State of Fbrida, dasaibad p toiMwre t r Unit Weeks and 30 in Condominium D - 15 / ~ ~ ti consisting of Apartment Number D -15 and its undivided share x o of the common elements of Turtle Ree f Condomi ni um I , as such i s ~ ~ 3 t :J~ described in the Master form Deed, recorded in Official Records Boo!: ~ 263, Page 2002. This is a purchase money mortgage. m ~ It is further agrad bstwaaa the parties to this mortgap that. it addition to flu terms steel aooditioas sat one berates. ii a ermtvayane:a rbould be made by tM Modgagor of tM peeealasa hereto dasaibsd. or atgr Dmt tbareot. withetut first obtairiag both the writtaA e:orasett d the holder hsraot, and an assnmptiort d thin obligation. m wr[dns. by the sew proposed Grantee, than. and la that went. at tM optba d the 6oldar hem without noon. all sums of tnoaar secured heawby shall, immadiataly sad aoneurceetllr with each ooeaveyaaor~ baexema due sad payabM and said Note and Mortgage ahaD be in dstaulL TO HAVE AND TO HOLD the same together with all and atogular the taasensnta, beraditametnRe sad aP. purtaaanca~ thae+ruato babngiag or in anywise appsrtaiaing sad tba reversion sad eevarsbaa, r~maindar ~ rs t taaiaders. tw•ts. issues sad profits thereof and also all the asters. right. title, iatereat. property. poaasaaios~ edaim sad dernaad whatsoavar ss weD it law as in equity of tM said Mortgagor in end to tM earns sad etwry patR and parcel thereof unto the said Mortpgee. and his hedrs, successor and assigns, it tea simple. Aad sand Mortgagor. for 6irasaif, and his heirs, Lgat rspraaantatlves, aaeoesaoca and assigns, hereby eoavraaata with said Mortgagaa: his heirs. legal represerttativas. wee:essoea and assigns, that said Mortgagor b irdsfias< seised of said land in tea sunpla; that the said Mortgagor has tall power and lawtd right tq oooyq the seems so tea simple as aforesaid; that it shall bs Lwful tar said Mortgagee, bb lairs. ~l repeeartttativeta, aaexasoes and aasigm` at all titres peaosabty and elttiatty to otter upon. hold. ooatpy and aajoy said land and a.aey part them that acid land L tree from all incvmbrancaat that said Mortgagor. his loin, legal rsptessrtativaa, woossson sad ' .asigos. will make sued turtlur aaswanoea to perfect flu tae etitnpla titL to said Lad is said Meotgaps~ . his baits. legal repeaaantativea, wecesaora and assigns, as mar ziasoaably bs eeigetind: and that acid Mortgagoe does hereby tnll)r warrant the titre to said land and every pad thaeeot sad w01 dsMd tba same against tba Iawtitl edaiats d all persona whomsoever. It is urdarstood that aae:b of the words, "rota". •'morigsgor" and "mortgagor" r+aspeetiwiy sad tba poaanna r+eterrittg thereto. whether is flu singuLr a plural aaywhenr is this Qtortgage, shall be airgolar It ot» scab sad. . shalt be phiral jointly and aavardly, it mot than oeu. aed shall be maaeo>>as~ tsmieiae aadkr astttetr. the concert so itapliae or admits. And said Mortgagor for himseit and his heirs. legal raprwsdtatlwa~ wtocswa~a acrd aseigttsr hereby oereraata agree to a~ with said Mortgagee. his legal eeprsantatives, tuoemssoes and sssigas: - e ~ w 1. To par all and aiaguLr the principal and interest and the various and sundry sums of atoear payable virtue of said pronoisaory note, and this trartgage, each and wary. proaptly art tbs days rgpectirdy the awerally beoo~ due. ~ 2. To pay ail and singular the tares. assssaments, levies. liabt'h'tias, obtigatietaa and iaeumbraaors of nature and kind now on said described property. and/or that Itersatter may >k imposed. suHarad. placed„ or assessed themupoa, and/or that heseaher may be levied or assessed upon this mortgage and/or tM ! . secured hereby. each and wery, when dw fwd payable aooaedirg to Lw. batetra, they bae>oma deliogweR before any iatereat attaches or err penalty L laeumd: and is ao tar as any tharaot b eft tetooed the arse shall promptly satisfied and discharged of reeoed aed the original oEAdal doenment tseteb aa. for iastarteta, the tt+ecaipt or tM aatiabe:tion paper officially eedorasd or eedified! shall be placed in the beads d said Modgsgor within ten days na:t acts payment; and Gn tM went tMt err theteetd b not ae paid,. utiafisd acrd disebargaes. Q acid Mortgagee array at any tiara pay tM same or any part tharad without waiving err atfeetbtg any option, lien, equity or right render ar by virtue of this rtodgaga. and ttu liv8 amount of aaeA and every web payttssat shalt 6e immedutati? elute and payable and anal! bar inta~est from tM date thereof until paid at tM cafe d tea pev Ce'nteur p!r senora and together with such interest shall ba secured by the ilea d tbls''modgag+R 3. To plea sad eontinuouay keep oa ibr but~dings now or bsraatear situate ere said Lad fire sad wirdstoesa irsvranee In the ususi standard policy toem~ b ~ sum not Ica rhea the aatouot dw hereon, in such eot»paety or eompanies as star be approved by said Mortsagar, and all each inaurntm interest therein or rt thereof, is the P~ eto soy eft red wl? pa aggregate sum atotasaid or is excess tbsreo~ sbari e:oataia the uswl standard ntodgagea dausa tttaleing the loan Hadar said polieia. aete:b and every. payab4 to said Mortgagor a bin inteeeat ntay appear. and each and every acted policy shall be promptly ddivaeed to sad held by acid ltoetgagaac end. not lass than tan data L advance of tba aspiration of etaeb police. to etelisiar is acid Mortgagee • netawat tharsot, together with a render tar the prsmitten eft web raetawak and thee• aW 6a ea web tasmaaoa pissed set •ay of said buildirtp. any btar:st tbwetitt or pad thareef, nataa b td loon sad wits tM loo payabis a• aforesaid: and fa flu want say ores o! taonay baooma payable uadar etno6 polh eX potidea aced acid Martsagsa ~ a~1~X J~6 PNGE2~ Q !