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Home My WebLink About2188 ..r- ' BUILDING "0" ~59i~rFj1 THIS MORTGAGE GEED, trade and eaecuted thR 25~y of ~ August _r 19 79 by Thomas E._Hall and Emma S. Hall, his wife of 1451 Crossway, P. 0. Box 67, West Palm Beach, F1. 33402 hereinarter called the Mortgagor, which term ahaU intlude the heirs. kgeil reprrseatatives, sue:eeasors and asa:gns- of the said Mortgagor wherever the conceal so requires or admits, to TURTLE REEF ASSOCIATES, 1NC., P.O. Box 615, Jensen Beach, FL ~3~ST b hereinafter eaUed~ the Mortgagee, which term shall Include the aueesssors ~ or said Mortgagee wherever the contest ao requiraa a sdtnita. a WITNESSETH: That for dwera good and valuabb eonaiderataeu, •nd also in ooasideratiQn of tM aggregay n:m named is tM promissory rata of suer date herewith hereinafter described, tM said Mortgagor dos hereby grant, barpi0. sell. alien, currier. release, convey and concern unto the acid Mortgagee, his heirs. saooessors and assigns, all tM certain piece..., parcel.... a tract.... of land. of which the acid Mortgagor b taw stLsd and l- poaaaaed and inactual poassssan, situate in the County of St. Lucie snd State of Florida, daatbad ss tolinwse T' Unit -Weeks 24 and 25 i n Condomi ni um D 13 .p ~ 3 ` consisting of Apartment Number D 13 and its undivided share G~ 1 _ , of the common elements of Turtle Reef Condominium I, as such is ~ ~ described in the Master Form Deed, recorded in Official Recores Boo„ ~ . 263, Page 2002. This is a purchase money mortgage. it is further eared batweeA tM parties to fhb mortgage that, in addition to the farms and cooditlosa sat out herein. if • oortveyaaoe should be eaada by tM Mortgagee of the premiere haraia desnibid, or atq? part thereof. without fleet obtainias both tM written cosasst of the holder bareo~ and sa aawtmpti,m et thts obligation, m writing, by tM new proposed Grwtee. then, sad is that event. at the option of the holder hReotr _ without aotL:a, all snms of mossy natured haebp shah imtnadiatdy and concurrently with sne6 eoaveyaoos~ beooeee dw and payable sad said Note and Mortgap ahaU be i4 default. _ TO HAVE AND TO HOLD the aama~ together with all and siaguler the t~aroeats, haeeditamesta and ap purtemaacae theceusto bbnging or in anywise appsrtainiog sad tM reversion and reveesioas, resaaitedse~ and t~? ; maiaden. nets. iaswe and proCts theno[ and also ag the estates rig}et, title, interest, pnp.rcy. poeeaasior4 e>alm sad demand wbataowet ss well in law as in equity of the acid Mortgagor in and to the soma sad every pat asd pared thereof unto the said Mortgagee. and ties tiara. successor and assigns. b tee simp4 Asd said Mortgagor. for himself, and his heirs. legal representatives, aucasaon sad assigns. herby oouwnaate with said Mortgagee, his heirs, bbd repreaeatatiws. sueessaaa sad asaig»a, that said lbeetgagor b seirsd of said Lund is fee sbspL>c that the said Mortgagor has tuD power and Lw[ul right b4 convey the ~ aimpLt as aforesaid: that it shall be lawful for said Mortgagor hb hairs, legal repnswttatiwe, saoaesors and .alga; that sad ~ is tree~lrom all iawmbranoac that said M and enjoy said land sad eeegr pert lhaeeo~ assi wiD asaln saeb turthar asauranosa to ~ )sera ~ ~vdvee. au~easaots a~ g~ pertact the fo aiatpla title to acid Lad is said DtrotBsgwi, his )wire, legal repeesentativea. sueceasors and assigns, as taay teseortsbly ba ngnired: sad that said ldottpgae does hereby tsgp warrant the title to said Lutd and every part thereof sad w8t dehsd the lama ~ tbs lawlhl claims of alt parsons whomsoever. It b uadarstood that each of tM words, "rota", ''mortgagor" and `~oetgsges" eaapeeuvvaly and the peoataa referring thereto. whether m the singular a plural aaywben iA fhb mortgage, shall ba aingulsr E esa ead,? aa~ . shalt be phersa jointtl? and aaverelty, if more than one; and shaD be msscabasr ismittise aadlor awhe. wMrewr the coauri ao implies or admits. And said Moetpgar for himael[ and his heirs. legs! reprassetattws, aaooaeoes sad assigns, hereby asvwtanb sad agrees to sad with said Mortgagee, his legal npeeseatativo, nuoaseots and assigns: . 1. To pay all and singular the principd and interest and the variow and sundry crams of moetey payable by~ virtue o/ acid promissory note, and thin mortgage. each •ed ewq, promptly ore the days n~ the awersDy beeoeae due. O ~ • s. To pay all and singular d?e cases. assessenenta. kviea. Wbi$tin, obligatbne sad ineumbraaoes of nature and kind aow on said dexn"bed property. and/or that hersalNr may be imposed. autfeted. placed, a assessed tbereupoa. and/or trot hereafter may be Levied a assessed upon this mortgage and/or the ' accused hereby. each and every, when dw and payabb aaoediag to law, bstare.thay brooms deiiagwnL } before any interest attaches or aegr penaky L inturnd: and is ao tae as say thereat b at record the salsa shall r' promptly eaWfid and diaehargd or record and the original offldat docnmeet isuch as, for iaataaae~ the r+soeipt or the aatislaetion pepsr offrcidty tedoraed a certified) eha11 be pLad is the hands of said ~ tj ` witltia fret days ne:t after payeaent: sad io flu event that say thereof b sat so paid„ uWfiad sad acid Mortgagee may at any rim. pay the same or .ray part tlesreot withont waiving or atf~ettng any L'en. equity or right under a by virtue of this mortgage, sad the hell atnouett of each and every such paymatt be iatmedLtely dun and payable and shag bear bttereat from the date tbereor uatit paid at tM rate of tea oeatune per annum and together with such iataest shall be seennd by the Lies of thls'neaetgage. ~(1 ~ Q s. To plan and eontinuoualy keep on the but~dings crow a 6seeaRer sitwte as said land lira aed wisdstots C ~ ~ $ iaaurance is the usual standard policy tong tit • sum not Mss flan the amount dw henna, in such company \ • or companies as tray be approvd by said Malgager. and all sorb ina+eranoe pogdes oa any d said bui{dittga. aqp interest thrnia or part thareoL is the aggregate sum atorssaid or in reran thareo~ shall oetusio -the usual standard mortgagee clause malting the loss ender said policies. each and every. payable to said Mortgagee a his iatereet may appear. and each sad every sneb policy shall be promptly dslhrsred is and held by said bloetssgaR and, not less than tea days to adv.nce od the erpiretion of each policy. M detiv+er to raid Mat;sRee • ratswal tbsnot. togetbw with a raodpt for the preeeeinm of such reaewak and three ehsi be se such lsssaaes pLtiosd on aey of said boildings. say interest thenitt ar pact tMnef, rmlwa is tlr tors and wits the loo pyahla as ~ aroresaid: seed L she wane any sum of tnoay beooma payable tinder ands policy or policies and raid Itatgagse ~ ee~~ cc~~ p Bfl1K J16 PaGEG1(7R ~ s