The URL can be used to link to this page

Home My WebLink About2778 ~ ~T • TtItS ~1C1aTG.~GE 11t;Eh. m.pjr and etrcutwl the `Cthday of February 19 80 by~Narinan r., ttar~~t;~~_..Ql_j_!t~_1ei~Maret his wife of P, 0. box 260, Otto N . C . _ 28763 _ hersinahrr ca;?.d the >•lo:tr;aZor, which t+rnr ah:rli irc1_~!-_ ins :r-:: s, ;.•~al r:~:erntativea. ancreshrs ,d aaa'a,a o! the acid ~!ertXezar svtirr.srr ttit cc+n!ezi so requires e: t~!nits, w Jensen beach Bank hereinafter cal!rd• the ;lortp aer, which term a!ra11 in:lur!a the successors end assiana of the xid ;1lortgy,~:•t wherever the cortett ao requires of a•!rti:s Vb'ITigESS£Ttl: That for des•era good and valuable considrratiors, a-d also in eoa~ideration of the agazegata sum named in the promissory ante of even date hercavith hereinafter dexri'r_d. the said Mortgagor does hereby grant. bargeir.. •aell, alien, remise, release, convey and co :t'urt unto t?:e said l?Iortgages. his hosts, succ!»ora and assigns, alt the certain puce..., parcel.... or tract..., of Isnd, of which the said J+tortgaaor Is Hoar se'rzad and posxssed red inactusl posaesaion, situate in the Coun!y of St. Lem a tad State of Florida, dssm'9ad as tollowae Unit l•:eeks 25 and 26• in Condominium C-5 ' . ~ consisting of Apartment number ~-5 ,and its undivided share of the ca~rrwn elements of Turtle Reef Condominiums 1 as such.-is described in the amended itdster Form Deed as recorded in O.R. Book 255, Page 23+5:-•~f: s • 4, ~ 9 IN PA~#brNT OP TAXEt LC : i ~ •C' +!tiA!~CslE PE&~~NAL PROPERTY, This is a purchase money mortgage. is •~:.Pi~~c i+•+J4, ncis of u». R3GiA PUtiRAS It is further aZretd bstwa~ert the parties to this mort CLERK gA~UIT COURTS gsge that. in addition to the terms wd ton sat out horsier, U a eonveyattce should be ands by the bortgagor of t'aa premises hotels dsaen'bad. or a:qr part thersof, without Brat obtaiains both the written eonsntt of tDe holder hereel. and an assua:ption of ibis obL'gstioa. is s+rittag, by the never proposed Graatse: rhea, acrd is oast sveaL at the option of the ho'.da heeeet, without notice. all sums of money scared hetstby shall. iatmsd'utely and eonettr;rntly with auclt eoawyaaoay baoom~ due and payable and acid Note and Moetgasa shall bs la dstault. '310 HAVE AND TO HOLD the aame~ together with all and s~g•.ctar the tenemeata. herrditamsnb wad sp• ytutsnancss thetz+sato bsloaging or in any+riaa appartniniag ¦nd tht revers~n and tevenioas, tsrsainder and re- maiadaes; rents, isanse wad profits thereof and also all the esters. right, titlessnterpt, pro~rty, possession, claim and demand whatsoever as well in law as In equity of the acid I?fo:tgaaor in and to the same and every part and parcel thereof unto the said Diortgagee: and his heirs, successors wad tr_igv, is fee arcap'.a. And sai3 'Mortgagor. for himself, and his hours, legal reaerssntitives, auccsssors and assigtta, hcreb~? eonvenanta with said I?loKgagee. his heirs. legal cepreseetstives, successors and assigns, that acid blortgsgar is izdefearbly seized of said Land in fes simple: thst the a, id Diortgaeror has tuU poesy: and laartul right to convey the sazae is fn armpit as aforesaid; that it shall be lawful for said 1liortg~-~!e, his heirs, legal te,~reaengtivrs, euceessors :rt3 aa:i~;.ss, at aD times peaceably wad quietly to ester upon, hold, occupy sad enjoy said land and every pa.-t thweof; that said land is free iroea aT! iacumb:anoesC that said 1!ortgsgor. his hstra~ legal representatives, successors asd assigns, wt71 make such further assuranaa to perfect the tee s's..-pia titls to acid land is said ~irotgsgea~ his bores. legal rspeaseatatives, anceeseoes and asaigaa, ss may seasosbly bs squired; and that said I+tcrttgssor does hereby fully warrsat tht title to said land and every part thr:+set and wtU detead tht same aZaiaat the . Lwfol elaima of sII psrsoecs wl}oernbwer. It is aaderaeovd that ascb o[ the w+onls, 'bola". •'moRgesar" wad 'btaetgasae'• respeetlydy std the proms teiaerats thtreto..vhethtr fn the aiaaular ar plural anrwhe:• is this mortgages, mall be singalat if oaa oall? wad • shaIl be plural jointly wad ae+?eralir it more than ones, wad shall bs Saata:iiae` feaoiaiae at:d/ar wants:. wbee~ the oaatast so tatpliss or admits. And raid Mortgagor for hirastlf wad his hair,, legal rrpreesat~tls~ sca~+saees and assigaar here's7? corrnaala wad agxsas to and with said MortgaaeR his legal rs~p~ne.ntatirey, sacsesaers wad ~ - L To pay aD and singular the pcindpal wad interest and the var'a~.ta and sundry earns of money psyablr bT , ~ virtue of acid promissory cote, and this mortgsga, each and every, p:~ompLly on the days respettivtly lire aamo severally become due. . 2 To pay all and aingvlar the tszes, asseasrnents, lesies, lisbi!i• ss, obli~tioaa sad irctt~braaces of tvhr nature and kind now on Reid described ~roprrty, and.'or that hereatttr Lary ba ier,~»sed, au{Ee:td, placed, levied or asaassed thereupon, encrlor that herratter taay be le~itd e: assessed t:pon this rortgaga andlor the in'ebtedan3 secured hereby, tack and every, c+hen due and payable according to ]aw, before they become deii:rqu-nt. wad . 1 before way interest attaches or any penalty is incurred; sad in so far as any then*of is of record the coax ahaU bs protnpEiy aatis:ie•d and dixl:arged of record end the o:isaal ofndsl docvctrat hush as, for iaataace, the ts~t _ receipt or the estistection paper otficisUy endorsed +br ct :ified) ahaU be pLsced in the hands of said I~Sortoages • within ten deye nest alter payment; and in tits event that any the.-sot is Hoc ao paid, aatu,~ied and c'.'schsr~d, raid btortgagx may at any timr• pay the same or soy part thsrrol Without aaiviag or of:tttiag acy option, 4en, equity or right under o? by virtue o! this mortgage, and the full e.~ount of each and every such pay-ratnL aSaSl !,s iasmediately dut end payable end ahaU bear interest crow the ~'.%La thereof anti! paid at the rate of Len p?z upturn per annum end togtihtr with such interest shall b~ secvred by t9a lien of this mortgag•~ 3. To place end continuously k?sp on the buildings row or hereaf,,n situate on acid lend fire srsd ss-iaclat~rn insurance in tits usual s;endard policy lo.-n, in a sum sot Iesa than the amount due hereon, in such tomyeny or eompnnies as may be approved by acid bfortgagre; acd nU such insurance po'.iciea on any of said bur~3'mg~, any interest therm or part thereof, in the agTegets sum e!orrssid or in excess thereof, ahaU eoataia t!tr Heusi ttaod,rd mortbsges claws making the for under said poL~;iss, each wad every, payable to said I?fortgsge~e b hL interest may app!ar, wad eacl? and every such policy a`rsU be promatly delivered to and held by slid AfortgagaR - a end, not less titan ten days in advance of the a:piratioa of a+cb pnL'cp, to deGvrr to said blortgt?~ a tsenral Y thereof, together with • raeipt for the prsnt:um of ouch renewral; tad there ahaU be no ouch insurancs plsesd on wry of acid buildings, toy L•s::rest t!serrin or part thrrro/, un:eas is the totter wad wtLD the loss payable rr `f aforesaid; and in the event way scat of swag brcoctss peysbb ostler such'policy or liciss ra fortgag~ (.1! ECOK~~ PdGE