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45~926'~ ~ ~
BUILDING "D"
THIS McRTGAGE DEED, made and eaecuted the 5th~y of September ]9
ltl
by _ Th~~,rv F._ Moire of 5214 Gerr.ish St., Apt. 1801, Halifax, Nova Scotia,
Canada 83K 5K3
hereinafter called the Mortpgor, which term ehaU include the heirs, kg~l repressntativee, succease:ra and aasigeea-
ot the said Mortgagor wherever the context w requires or admits,
to TURTLE REEF ASSOCIATES. INC.. P.O. 80: 61a, Jenxn 8esch. FL ~3aST
heeeioatter idled' the Mortgagee, which term shall include the aueeeaaora and aas:gea et tM
said Mortgagee wherever the e:onteeet so requires or admits.
WITNESSETH: That for eleven good and valuable e:onaideratioeea, and also in cooaideratiQn of tM aggeepea n:m
named in the promissory note of even date herewith hereinafter described. flee said Mortgagor dop
grant, barpin. sell, ab'en, ntnise, release, convey and contum unto the said ~tortpgee. bb ban, anooaasoes~and
assigns, aU the certain piece..., parcel.... a tract.... of land, of which the said Mortgagor is naw ssitad and
possessed and iaactual possession. situate in the County of 3t. Lucie and Slate o[ Florida, desesibed q tioUnwe;
~ Uni t Weeks 28 and 29 i n Condominium D ~ -
~ -consisting of Apartment Number D 20 and its undivided share
- ~ O
- of the common elements of Turtle Reef Condominium I, as such is ~
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described in the~Master Form Oeed, recorded in Official Records Boob
263, Page 2002. This is a purchase money mortgage.
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~ ~
< It is further agred batwees the parties to this teartpp that, in addition to the farms and ooaditlona set
' out herein, u a conwyauce aboukl be made by the Mortgagor of the premiss heteia dsaeri6ed, er aeq part
thaeaoi, without Brat obtainias both the weitt~ea oonaeeet of tb bolder haree~ sad an aasomptinn d this
obligation. m writing. by tba new proposed Graates, thee. and bs that wane,. ac the optken of tM huldae herao~ - '
without notiu. ag snena of money secured hereby shop, immedbtaly and ooneurrently with such coavayaoos~ bseoma
dtta sad payable and said Note and Mortgap shag be in defaak.
TO HAVE AND '1~0 HOLD the saena~ together with all and ainstilar the teaeasents, haeeditamaa~ca and ~
purtaaanoa therwtnto bebnsins oe in anywbe appertaining and the reven;on and moot. rsmaindsr and ~
maiadan, rents, bswa and profits thereof and also all tM estate, right, title, interest, property, poaeeai04 claim and
demand wbataower u wep in law as in equity of the said Mortgagor in and to the same sad aveey peaZt sad
parcel thereof unto the said Mortpgee, and his heirs, suecesson and assigns. in tee sienp4.
Aad acid Mortgagor. for himself. and his Mira, kpl reprasntadva, suexesaon and assigns` 6eetby eaetreeaantc
with said Mortgagee. bb heirs. legal representative. auccesson and assigns, flat said Mortsasar b
aeisad of said land in ice s' les that the acid Mert i
~P sago` has tali power and lawful tight tq convey the ss ~
simple as aforesaid: flat it ahaU be lawful tar wid Mortgapa, bb heirs. legal repeesaatatives. sueeoeeaoes and aseipar
at ali times peaewably and questly to octet npeNe. bold, ooeaepy and enjoy said land and weey part tlterao~
that acid land b tree from all ineumbranaac that said Mortgagor. his beiru kp! npresantatiws, attooeaaora sad
assigns. will make such further assurancae to perfect tM tee simple tick to acid land In oak! Mrotpgss;
his heirs, legal representatives. woexssora and assigns. as may eeasoaabty be rgaire$ aed that acid Meetgagoe
does hereby fatly wameet the title to said land and every part thereof and weft defend tbt same spinal tba
lawlkt edairtet of ap persoaa wlaensower. A 'v O
It b urdarstood that each of the woods, "note", ~ ~
referring thereto, whether in the singulu a plural aa~p~'• a~ ~pJSM ~ asd ~ ~
ywhen in ebb mortpp; shop be dosttlar i! sae ~
ab:n be phtral jointly .red tv.e+.uy, it more than ore, sad shop be m~....?'.,.~ hmiaioo .adletr srwlsr. wbsrawf. o ~ •
tM exntuet se itnpliae a admits.
_ And said Mortgagor for bimsett and his heirs. iepl r+gsrteaetattves, successors std aaeisaa. hereby e~oretmab an~ m ~ +
assae to and with said MortpR+ee, his lepl representatives. woexeaeKS one! assigns: ~ , '
i
1. To pay all and singular the principal and interest and the various and emery suena of
virtue of said promissory note. •nd this mortgage, each and every. ~ Mytblt
severally beooroe due. promptly on tM days respeetirdy tbt ~ 3
Z. To pay aU and singular the tares. assenmenb. levies. liabih'ties. obligatioea sad kuvmbeanoa of Q _
suture and kind aow on said described property. and/or that heresies` may M imposed, sutfet+sd, placed, Yvi.
a asxssed thereupon. and/or that herafter may be levied or assessed upon this mortpge aneLor the indsbtaelaees o ~ Q
secured hereby, each and every, when elw and payable aooordins to kw, bdaea they beooma de>:ngaanR and ~
before •ay interest attaches or any penahy b iacurred; and i4 ao fir u any thsred let o! record the :arna tbap ba
promptly aatbfied and discharpd of record and the original oflkia! document tooth as. leer laataaas~ the tae
receipt or tbt aatistae:tion paper of[icially adorsad a certified! shall bt pLeesd is the hoods of sale! Martgsgw
within ten days ne:t after payment; and is tM went that any thereof b not ao paid, wtisfied snd discharpd,
said Mortpga may at any time pay tM same or any part thereof witbottt walvins or atteethes am optioq
lien. equity or right under or by virtue of this mortgage, and eb• tall .mount of each and ervary sae:b payment chap
be imeaeduNly due and payabk? and shag bar bitereat troen tM date tbereo! until paid at the rats of tea per
oeotura per annum and together with such intend shop be seemed by the lien of thts'mortsap.
3. To pLa and continaauly keep on tM buildings now or bereatter situeett sea said fared fits and wiodstorta
insurance in tM usual standard policy foray, k • sum eat k?st than the amount ekes hereon, in such .eaompany
or compsnie: as may be •pprovd by said Mortgagee; and all sub insuraooa poBcMs m any of said bnr7dinp, aeq
intsrrit therein a part thereof. in the aggregate sum atoretakl or in escess therae~ shop eaonwin the usual
standard mortpgee eleuse makins the k»s under said policies, each std every. payable to said ldortgsgee p hit ~
interest enay appear. and each and every suet poNey shop bet promptly deYstsred is aead Mld by sold bfertpgsst !
and. not less than tea days k advance of eta t>piration of each pottery. to deilinw to said Mortsagtt • eanewal ~
thereof, togetMr with • ne:aipt for tM prsenittm of each reaswak and tbera akap ba no sash lnssrattos plaasd
on any of acid buildirep, any interest thsreia or part theree~ setket b the fors std wits tM loo payabia v
•toreaaid: and m the event any sum of eatorwy become p.yabla order suede peette~ sr policiaa and acid Yaetpgst t