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Home My WebLink About2193 - J • / BUIlD1NG "D" 459263 THlS MORTGAGE DEED. made and eseeuted the 17th.y of AuauSt ~ 19 79 ~ b~. Dr. E. John Landry and Dorothy Landry, his wife of Rt. Y, Oakton Acres, } i Ottawa, I11. 61350 j hereinaher called the l?lortgagor. which farm ehaU include the hates. legal repreaeritattvea. succsaaors and assigns of the said 11lortRagor MRerever the Conte:t so requires or admits. to TURTLE REEF ASSOCIATES. INC.. P.O: Has 618. Jensen Beach. FL 3337 hereinafter called' the hiortgsgee, which term shall include the succeaaors and assig,a of the acid Mortgagee wherever cM Coate:t so requires or admits. WITNESSETH: 'that for deven rood sad valuable conaidentioaa, and also iu oonaidenti4n of the aggregate sum named is -the promissory note of wen date herewith hereinafter dearn'bed, tM said Mortgag~dr clop bKeby Brant. bargain. seQ alien. remise. release. convey and contvm unto the acid kloetgagee. his he'u~s. wooeasore and assigns. aD tM certain piece.... par+ceL... or tract.... of land. of which tM said Mortgagor b now aaMd and possessed sad iaactuel posaeasioa. sitwte is the County of St. Lucie and Sute of Florida. deseribe8 as tollowse "Unit Weeks X and 4 in Condominium D 10 _ V~ r- consisting of Apartment Number D 10 and its undivided share -~1 of the common elements Of Turtle Reef Condominium I, as such is ~ described in the Master Form Deed, recorded in Official Records Boo!; - i N d1 263, Page 2002. This is a purchase money mortgage. . It b iurtMr agreed between tM part3a to this mortgagn that. in addition to the terms sad coaditioas ant . out hereia~ it a coaYeyanoe shook! be made by tM Mortgages of tM premiers hereto deseeibed. or anT part thnrsot. without lust obtaining both tM waffler torrent of tM holder bereo~ sad as assumptioe of this obligatioe. is wrkMg. by the new proposed- Grantee. then. sad in that went. at tM optima of tM hokbe hereof. withont notion. all soma of money refuted herby shall. ieamediately sad eoacarrenty with such toavnyaaoa. bsoome . doe sad payable and said Note soil Mortgage shag bn is default. TO HAVE AND TO HOLD tM rams. together ~ with all sad atngular tM tenements. heeeditameata and ap• purteaaooes thereunto belonging or is anrwiss appertaining and tM reversion and reversions, reasaiader sad r? mainders. mats. tutees and profits thereof and also all the estate, right. title. interest. property. poseesaioa. tbim sad demand whatswver as well to law u in equity. o[ the said Mortgagor in and to tM same and wary part and parcel theceot Hato the said Mortgagee. and his heirs. suoeessors sad assigns, in ice aimpl~ And said Mortgagor. tar himself. and his heirs. legal repeeaentativasr suooeaaors sad assigns. herby coreveaanta with said MortgsgeR his heirs. legal repreeeatattves. sutcesson sad assigns. that said Mortgagor is todateaaibly ` seised of said bred is tee simple; that tM said Mortgagor has !till power sad bwid right to eanvey t6~ ram. is fin simple as aforesaid: that k shall M lawful !a said Mortgagee. his Mira. bgal eepreseatattvea: enooesaors sad asdgns~ a all eim.s passably and quietly to eater npoe. hold. occupy and sajoy said bad and awry prat ther.o:: that said bred b hen from all Iaaembranaec that ssid Mortgagor. his heirs legal eepeeseatativae. wroossnors and assigns` well make such trerthsr assuranoss to perfect tM tea aimpM title to said land is said Mrotpgsw ~ hts baiter tngal rspresentatiws. sreooasors sad assigas~ u Huy teaaoaably M eequiesd: and that said Maetgsgor f dons hereby inUy warrant tM titb to said land and every part thereat sad we71 deteed eM ssmn agaimt the k+wtrel claims of aD persons wborasonver. It b moderstood that each o[ tM wardu "note". ''mortgagor"-and "mortgagee" nspsetivnly sad tM peaeouoa _ ntersing tMeto. whether is tM singdar or phrral anywhere io this moetgiga. shall be stogular it non oob? sad.. _ shall fie pinta! f airily and sweraIIy. it mace thaw acre. and sbaq be mascoltiesr hmiaioa aad/oe re`cta`. wheeeiee the tootes<t ao ienpha or sdmita. And acid 1~tartgagar for hlmssU sad his heirs. k3ga1 eepeessetativss. suooseeoes and aadgasr hereby coveaaab and agues to and with said Matgagse. his bgd rspreseatatives. suoassore and aseigosr . ~ o?~• 1. To pay dl and singular the prineipul and interest sad tM variom and snedry sums of morel` payabin bf ~ virtue of said promissory note. and this mortgage. each and every. promptly as tM days respectively tM same a severaDy become due. ~~~4iii O N~ov~ ~i 2. To pay aD and singular the tares, assessments. hulas. IiabiL'tiee„ obligations and laerimbranoes at wary r a nature sad kind sow on said described property. and/or that 6e:eafter may be imposed. suNered. placed, levied 2. a asaeased thereupon. and/or that hereafter may M levied or assessed neon this mortgage and/or tM indebtedness ° ~ ~ ~ ~ secured hereby. acb ¦nd wary. when dw and payable according to law. betare thep became deWrgoaat. and ~ ~ ~ baton any iatseest attaches or any penalty is incurred: and is so tar as any thereat is of record tM same shalt bs ~ a promptly satisfied sad diaebasged of record and tM original oftieid doeomeat truth as. for imtanoer tM tnd Q ~ receipt or tM satiatadtoa pnpsr officially erdarsed ar certified! sMll be plead is tM hands of said Mortgages within tea days ne:t after payment: and in tM event thrt say thered is red so paid. satLfud sad diseharyad, ~ ~ ~ ~ s said Mortpgee Huy at any liar pay the same a say part thereof without watvtng or affecting say option, lien. equity or right under or by virtw of this mortgagn, and the tuII amount of each and every sncb payment shaII be iramedLtely due .red payable and shaD bear lateral from tM date thereat until paid at tM rate of tea per oenturn per aarwm and together with swab interest shall be secured by tM lien of this mortgage. 8. To plan and toneinrearrsy keep on tM bui7dings now or bereaher situate oa said bad toe and windstorm insurenon is the usual standard policy form. is a sum not bas than the amount due Aereoa. is such company or tompaai.s as mar be .pprowd br .aid Mortgageac .ad aD euch iasuraaoa polices oa say of said bu~7dings. any interest therein or part tMreot b tM aggregatn sum aforesaid or is carcass tbereot, shall oontaio tM asuel standard moetgagse ebusn making tM loss wader said policies. each and every. parable to said Mortgagee as his interest may appar. •nd each and every swab polky shall be promptly delivered W sad 6dd by said b[artgagsst and. not less tMn ten days to advance of tM ezpiration of each policy. to delt`a` to acid Mortgagor a reaewd thereat. together with • receipt for tM premium of swab reaewak end theca shsII ba no such brsrernrea pboed on say of said buildings. say interest tbeeeia or part thereof. nd«s is tM form sad with tM k?ss payabb as aforesaid: sad in tM event say sues o! money becomes payable miler arch pol5ey ar policies and raid Mortgsgan ao~K316 pa~E219~ - - - .