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• THIS atORTGI?GE DEED. made and eaeruted the _~day of AU9USt 19 79
b• Mesley~E. Lowe,_Kathleen H. Lowe his wife of, 1207 Rlamanda Lane Cocoa Florida 32922
heninatter tailed the htortgagor..rhtch terra shall include the heirs. legal re;,:sxntativea, auceraaora and saa'.=na •
of the acid Mortgagor wherever the contest ao requires a admits.
to TURTLE REEF ASSACIATES. 1NC.. P.O. 80: 618. Jensen Beach. FL ZJ~S7
hereinafter called' the Mortgages. which term shall include the succeaaora and aaaig~a of tM '
acid Mortgagee wherever the content so requires or admits. _ '
WITNESSETH: That for devers good and valuable wnsiderationa, and also i:t conaideratiQn of the •ggr~epte sem
named to the prombaory note of even date herewith hereinafter de,rn'bed, the said ,trtgagor doss beesby
grant. bugaia. sell. aL'en. remise. release. convey and confirnf unto the acid atoetrasee. lus heirs. suceesaors and
aaai~a. sit the certain piece.,.. parcel.... a tncK.... of land, of which tine acid L?tortgagot is sow seurad and
poaa
~aad and inattual poaaeaaioa. situate in the. County of 3t. Lucie and S:sts of Florida. deatr'bed as fo>1w.s:
Ufit Weeks 34- and 35 in Condominium D -1
y A 'i~
T ~~nsisting of Apartment Number D -1 and its undivided share ~G'
~ i .
tithe corr~llon elements of Turtle Reef Condominium I , as such i s
1
d~scribed in the Master Form Deed, recorded in Official Records 800„
wri a
?.8'3, Page 2002 This is a purchase money mortgage.
It is further agreed betwesa • the parties to thin mortgage that. is addssoa to the terms sad coositior~a set
out hereiq..if a conveyance- shodd bt made by tM Mortgagor of the prs~sa herei,a dexribed, ar say part .
- theseoL without first `oaiaining both the written conaeat of the hotdsr x•04 said as aasnmptioa et this
ob ' r to writing, by tbi aew proposed Grantae~ then, and is th:t coast at the option of th. boidsr bsraot„ -
without aotioe. aII sums of moaati saaued iteeeby shall. imaxdiataly and eonc~eatty with such ooawyaooa. bscsma
dne sad pyable and said Note and Mortgage shall be is detanlt.. _ .
TO HAVE A;tID TO HOLD the same. together with alt and singular tb teaameats. hareditamssy sad ap
pur4,eaaaosa the:s+mto belonging or is anywise appertaining and tM reve:aioa sad te+rersions, ssmaindar sad rr '
_ . raaindera. rents. issues and profits thereof and also all the estate, right title. ie::seest. property. posses,ios~ claim sad - .
derrind wlutsower sa well in law as in equity of the said Mortgagor in a~-d to the same sad m'wy part sad ,
parcel thereof unto the said Mortgagee. and his heirs, sueeeasors and assigns. is tae simple. .
And said Mortgagor. for himxlL and his heirs. legal reprtaaatativea. aueonaoes sad aasigoa~ hereby coaveeaats
with aa:d Mortgagee, hb heirs. legal representatives. suecesaors and usigsu~ that said Mortgagor is iodeteasibly
se'u:ed of said Lnd is fee sample: that the said Mortgagor has toil power and ywfnl right t+geonvey the same in fee
simp.e Fa atoe+esaid: that it shall be Lwtul for said Mortgagee. his bra's. legal ts?resea4tives. suteessors and assigs~~
at all times peaceably and quietly to antes npoa. hold. occupy and enjoy acid Lnd sad awry pact theraoh
that said lead is free twm all tacumbraneeac that said Mortgagor, his heies~ legal repeeseatatiwa, woaseors sad
ssaig~ wUl make such further aaauranees to perfect the lee s~pk tit'.a to said L+nd is said Mrotpgeai.
his heirs legal representatives. sucseaaors sad assigaa. as msy reasonably be tequired: and that said Mortpgae
dons hereby tnlly warrant the title to said Lad and sveq part thereo! sad wr71 defend the same against the
Lwid claims of all persona whomsoever. ' _
It understood that each of the .cords. `sots ''mortgagor" and "mort;sgss" respectively sad the praaouas
referring thereto. whether in the singuLr or plural anywhere in thin tnortga~ shall bs singuLr it one onb? aaa? .
shall be plm~al jointly and severally. ii rnoee flan one. and shall be maacn~ kminiae aad/o:_ aentar. whseever
the mnt+ut so implies or admits. ~ ~ Q _
And said Mortgagor for himxV and his heirs. legal repteeeetatives. sueeessors sad assigns. hereby osvenaab sad 3
egrea to and with said Mortgagee, his legal representatives. suorsaaas and ase~ae
e ~ m'
1. To pay all and singular the principal and int~rreat and the vsriow and sundry sums of monry payable by
virtue of said promissory note, and thin mortgsge. each and every. promptly on the days teapeetivdy the some
severalty become due.
Z. To pay sU and singular the fates. aaxaaments. Levies, L'abil'ties, o~~ationa and incumbranoa of every ~ ~
natcre and kind now on said dexn'bed property. and.'or thst hereafter may be imposed. suffered. placid. levied ~ '
or aaxaaed thereupon, and or that htrcafter may be Levied or aaaeaaed upon t~ mortgage and/or the indebtedness
atcv.-eel i:ereby. esch sad every. whM due and payable according to L~.. before tkey become deliagnent arid~ ~ ~
bfore any inteseat attaches or any penalty is incurred: and in so .tar as an)? tyneot is of record the same aLll bs
promptly satisfied and dixharged of record and the original official docu_-xnt (such aa, for inatanas. the tas~ Q
receipt or the aatiafaction psper officially endorsed or certified) shall be paced in the hands of said ?dort~bee Q
witl;s,a ten days ne:t after payment: and in the event thst any thtreo[ » tat ao paid, satisfied and diacha-~ ~ „i
acid h+lortgagee msy at sny time pay the name or sny part thereof wit~o•3t waiving or af[ecting any option,
L•eri, equity or right under or by value of this mortgage, and the full amoiiet e! each and every such pay~aent shalt
be 'i~cediately dos end payable and shall bear interest .from the date threof untij paid at the rate of tea Far
vn:ura per annum end together with such interest shall be secured by the 19ea of thii'mortgagt.
3. To pLcs and continuously keep on tha buildings now or htreafttr aixiate on said land fire nod winda;,orm
irri.-aace in fire usual a:andard po5cy form, in a sum not lean than the e.:.ount due hereon, in such con:pary
or tonp~niea sa may be epprovrd by acid '.4Sorigsgee; and all such insurance poisciea oa any of said buUdin~, tiny
is?t~rcat therein or pert thereof, in the aggregate. sum etoreasid or in tsceaa therttt, shall contain the uraai
s:aat'ard mortgszee clause tusking the laa~ under said poliriea. each and every, payable to acid t?tor:gagrs as 1•.is
irurcet may appear, and esch and every such policy shell be promptly drk~ti~-d to and held by said !?tortga~e:
arid, rot lean than tea days In sdvance of the expiration of each poL'cy, to deliver to acid ylortgage• a rens+cai
th•raot, together wish • receipt for the premium of ouch rene•va1; sad tiers alisl! ba no such inau.-snce pta~d
on soy of said buildings, any iotereat therein or pert thereof. unless in tt:a furor and girth the loan payable as
aforesaid: and L the event any sum of money brcomea payable ender such policy or ~policices aqd said I?tonrtgasaa