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Home My WebLink About2183 S e ' / f BUILDING .,o„ 459259 1~ THIS MORTGAGE DEED, made and lactated the 22dar of August i9 79 by Charles F. Van de Water and Arlene M. Van de Water, his wife of _2448 Elsie Circle, Cocoa, F1. 32922 hereinafter called the Mortgagor. which term ehaU include the heirs, kg~l representatives, succesaore and aaaigna- ot the said Mortgagor wherever the come:t so requires or admits. to TURTLE REEF ASSOCIATES. INC.. P.O. 13os 61a. Jensen Beaeb. FL ~3iST hereinafter called' the Mortgagee, which term shall include the enecassors and aasigas of tM said Mortgagee wherever the Conte:t ao requires a admits. WITNESSI'sTH: That for deven Rood and valuabb consideratiotu, and also in conaidentiptt o! tM aggngete teat named is the promissory note of even date herewith hereinafter desrn'bed, tM said Mortgagor doq hereby grant, brgaia sell. alien, remise.. release. convey and confirm unto the said Mortgagee. his bees. woaseors and asaigaa. all tM certain piece.... parcel.... a tact.... of land. of which the said Mortgagor it now taitrad and posseaaad and iaattual possession, situate in the County of St. Lucie and State of Florida. deseribett as follows; ~ Unit Weeks x and 45 in Condominium D 17 ~ a consisting of Apartment Number D 17 and its undivided share L; of the cortmon elements of Turtle Reef Condominium I, as such is f _ ~ ~ described in the Master Form Deed, recorded in Official Records Boo" 263, Page 2002. This is a purchase money mortgage. It is further agreed btwees the partiae b this moctgap flat. in addition b tM terms and ooaditlom set out 6etsin. u • eoteveyar?a should be t•adn by tM Mortgagor of the premiaen herein described. a cagy part tltaesot. wfthout llrst obtaining both the written eonaeret o[ the holder hereof. and w asstntptioa! d thin obligation. in writing. ~r the ae.. proposed Greaten, then. and is that event. at the option d the hoidr hw~ " - wltltout notion. cep wn~;/,ot money eeeured ber+aby ahap. immdiauly and ooncvrrs•tbr with snot ooewyano•, baoomn dw and payaDM sad sa`'~~ Nob and Mortgap abaU M is default. TO HAVB AND TO HOLD tM sattu~ together with all sad singular the tmeraeata. heetaditamasta and ap• ' purteaanae therwmto bebagiag or in anywise appartttiniog sad the rwsrsion and esvenioae.:smaiadtr sad rs• maiaden. casts. issues and profits tMreot and aloe all the estate. right. title. iatereat. property. poeeeeeioa. claim sad demand whatnwver as well in taw as in egnitr of the said Mortgagor is and w the s•ma and every part sad pnrcd thereof unto the said Mortgagee. and his heirs. successors and assigns. 6t tee simple. Aced raid Mattgagar. tat himaeu. and his heirs. legal repreaentativea. aueoasors std assigns. hsraby eoetvsnaata witA said Mortgagee. his heirs. legal representatives. suecesaoes and uaigns.. that raid Maetgagoe is iodehasa'bly seised of said Wed is tee suripla: that the said Mortgagor has fhp power and lawtnl sight tq ooavey the saran is tan simple as aMresaid: that it ehall be lawful for said Mortgagee, his heirs. legal reprssaatativen. weoaeeoes and asaigaa, at all Liman peaaabiy and quietly to eater upon hold. oocnpy sad enjoy said lard sat! ttrtrr part theeeol; that acid 4ad V free from cep tacvmbranotac that said Mortgagor. his heirs legal tspeenentativaa. aoooeaaora sad assigns. wip rash such further aasuranoen b perfect the Eae aimpie titL to said Wed m edd Mrotgaget~ ~ ~ tatives, snaeaaors sad assigns. as may r+easonabty be rsgair.d: and that said 1ti[artgagoe does hereby !'n>{t? warrant the title to acid land and every part thereof and will deMd the iamn ngaiatt td lawtnl claims ad cep persons whotasower. It b understood that each d tM woeda. "note... "mortgagor" and "mat;agen" reepeetivaly sad td pasattaa eeterring ther+eta. whether in tM singuLr or plural aaywhen is this mortga~, a»I be singular It sus ashy •a~ shall be phrral f aintlp and severally it mare than one. and shaD b maacoliae~. famieise asd/ae antett. wMr'wt tM caste:t ao implies a admits. And acid 1lfortgagar for hiimself and his heirs. Iagat reprsanotatitre•. ettoasears and asdgas. herabr aovenaaib sad agraee W and with said Mortgagee. his legal esprsaeutatives. tuocesaors sad aseigns: . 1. To par aII and singular the principal turd interest std the carious and sundry soma of money payable by virtue of said promissory note. sad thin mortgage. each std every. peotteptly an the days respeetiveb? thr namn swenpy become dw. A_ ~ ~ Z. To pay all and singular the tares. assssstnenq. levies. liabib'tias. obligations and inctembraaoes of e~ nature and kind aow on said dexribed property. andlor that hasait~er may bra imposed. suffered. ptatxd. Mvia~s ~ # a assessed tbeneupon. andlor that hereafter mar be levied or assessed upon thin mortgage andfor thn iodnbtedoa~e~ I sseuttid hereby. each and every, when dw and payable aooordiag to law. bsfarr. they become de>;agnsot. and o ~ • before any interest attaches or ear penalty L incurred: and fo so tar as say thereof V d record the assts shall b~ promptly eatisfied and discharged of record and the original otfldal docnmeat ttaeh as. for instanashhtba tai receipt or the eatiataetion paper ofCxiaUy eadorsd or certified! chap be placed io tM hands d acid x~tgsgsii within ten days nest after payment: and in tla event that anl? thereof b not so paid. satisfied and diseharge¢; ~ acid Mortgagee mar at am time pay the same a any part tberebt without waiving or affecting say ~ . lien, equity or right under or by virtue of this mortgage. sad tM sup amount of eneh and every sneh paymnnt sh be itatnediably due and payable and shall bear 6ebrest from the date thereof tmtp paid at tM rate d tea p1? ~ 3 oeatunt per annum and together with such interest chap be secured by the lien of tleb'moetgege. ~ cD ~ N 3. To plea and continuowly keep oa the buildings now or 6eeeattes situab as said Land lire sad wiadstors O s iasunnce in the usual standard policy form, in • sum tat lea than the amount dw Mreoa. in wch company - ~ a companies as may be approved by said Mortgagee; and cep each iaauraaa polit3ss as any of said bui'Wbigs. any ~ 4 interest therein or part thereof. le the aggregate sum aforesaid or is escess thereof dull ooaaia the usual a $ x standard mortgagee tleuae nuking the lose wader said policies. eech std every. payable b said Mortgagee b his < iatRreet roar appear. and each and every loch polky shall be prompety ddtvsred to sad ltetd by acid DfoetsagatG and. not less than tea dayn le advance of the aap4stion d eecb po1k7?. b ddiveo to said Mortgagee a ewiewat thereof. together with • rrwlpt for the pretdtem of each rewwek sad there aht b tso web bancaaes plead on any of said buildings. ear interest tMeirt or part thereef. eakae ie the faun aed with the low payable v atoreaaid: sad is tM event say cam of motny becomes payslele coder web poccli~~~~ K potit:Ma sadppa~~cid Yoetgsgsa ~ BOCK J1U PAGE ZiA. l