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HomeMy WebLinkAbout0500 EiUILO1NG "D" 486`7 ` THIS MORTGAGE DEED, made and e+raruted the 25t~,y of September l9 79 by -James McGriff and Ernestine McGriff; his wife Qf 641 N. E. Washington St., Palm Bay, F1. 32905 heninatter called eM Mortpsor, which term ehaU include the heirs, kRal repressatatives, sutceason and aasSUna- ot the said Mortgagor wherever the Conte:t so rpuirea or admits, to TURTLE REEF ASSOCIATES. INC., P.O. Bo: 61a. Jenxn Beach. FL ~~+37 heeeiaatter called' the Mortgages, which tens shall include the sttecessors sad assigns of tM said Mortgages wherever tM contest so requires a admits. WITNE3SETH: That for dwera Rood and valuable conaideratioaa. and also in coaaiderttpn of tM agRregsb srm named is tM promissory ray of even date herewith hereinafter described, tM said Moetgagor dos Mrsby want, barpiew sell. alien, amiss, rekase, convey and confirm unto the acid 1lortpgae. his htiru snoosssors sad assigns. all tM certain piece.... parcel.... a tract.... of land. of which the said Mortgagor L cow ssitad sad possessed and iaaKual possssaan. situate in the County of St. Lucie and State of Florida, deacribetl as /dln,rk Unit Weeks x and 24 in Condominium D 19 consisting of Apartment Number D 19 and its undivided~shar~ of the common elements of Turtle Reef Condominium I, as such is t~ / described in the Master Form Deed, recorded in Official Records Boo!: ~ ~ V- 263, Page 2002. This is a purchase money mortgage. It i. further altered bstweea tM parties b this mortgap flat. in addition b the terass sad coad><iooa set out beetle. it a otnwyaaee ahouW be made by tM Moetgsgor of tM premises betels described, or say part thereof without tlrst obtaining both tM writhe coaaeeet of the holder hw~ sad as assamptioa el tbit eblisatioa, to wrkbg. br tM tas+r proposal Graatsa~ that. sad ie. flat fuser, at the option of tM hotdtr bse~ - without aotioa. aD some of moagr secured hereby shalt. irnm.ai.edy sad oooczvnetb with vetch eoaveyanos~ bsoomt doe sad payable sad said Nob sad Mortgap shall M i4 defauk. TO HAVE AND 'PO HOLD tM aaax togetMr with all and singular the tesseasab. Mrditamtay sad ap purtsaaaost tbserunto belonging or in aaywias ap~pwtaiaing and tM aversion sad rwersioaa, rsma;nder and to. maiadera, treats. iasws and profits tberrot sad also s11 tM esters. right, title. interest. property. posassefo~ edtim and demand whatsoevtr as well in bw as is etlnitr of the acid Moetgag~or is and to the same sad furry pact sal pared thereat unto tM said Mortgagee, and his begs, suettssora and assigns. in fee simple. Aa?d said Mortgagor. for himself and his heirs. Mpl rspreasatatives. sneceasoee sad assigns. Irsraby oarwnaay w ~jntb acid Mortga~ae. his bein. legal representatives. sueceasoet sad aaaigru: that said Moetgagor is iodefiasi~ - ~ . mad of said Lund is tee srarp4c that tM said Mortgagor has toll power and lawful right tq convey the same is tae iimp4 as atgessaid: that it sbaD M lawful toe said Mortgagee. his heirs, legs! repreasatativee. aueosssoes and aasigm~ ; at all times peaceably sad quietly to ester npoa. hold, ootnpr and enjoy said land sad evert part tbsesot: - tMt said load b few from ell iaeumbnnoeac that said Mortgagor. his heirs. legal repestsatativet. wioosssoes asd assigns, w~ mob each turtMr aasuranau to perfect tM tae simple titL to said lead io said MrotgagaR his I»irs, bgv repnesentativra, tuooessort wd tssigas, as may trasonabtr be required: sad that said llartppae does hereby fully warrant the tills to said land sad every part tharwot and will defard the tame agaimt the Iawial claims of all persons whomaower. r It b nndeesteod thtt each d the words. "cote". "mortgsgar" sad 'tiaoetsagee" ratpsetivaiy sad tM paaetma eeferring thereto, whether is the singular or prate! anywhere is this moetgage, dull M tiagobr it oat Daly asi I shall be phtral jaiatl7? and anrar.Uy. if rnort th.a one. and shall bs m.acoha., temiaiae aadJor awelar. wteerauer ebe oootast ao implita or admits. t . - Aad said Maetpga? for Itimselt and his heirs. 1ssa1 reperssratfves. ttroeassers std assigns. beeebr covataets sad setter to and with said Mortgages, his legal representatives, successors and aseigasr ~ 1. To pay aII sad singular the principd and interest and tM various and sundry wean of aeorrer payable Iry virtue of said promissory note. and thin maetgaae, each and wary. prompty? as tM days rapedivdr the same - severally become due. ~ - $ Z. To pay all and singular tl?e tares. aaassamenta. levies, liab~7itiss, obligations and iaeumbrsaess of weq . nature and Irind now on acid dexn"bed property, and/or that hereafter my bs imposed. suHend, plead. levied a assessed tMrsupon. •ndlor that hereafter mar be levied or aaassad upon this mortgage and/or the iedsbtedoae f secured lureby. each and very, when dw sad payable aoooediag to law. betort tbsr beooma del'mqutat, sad before say interest attaches or arty penalty b incurred: and is to tar as say theeeot b of record tM sates t1u11 be prompcy aatistied and dixharged of reooed and tM original of8dd doeumeat isoeh as, for batanoR the tors rrceipt or tM wtisfaetion paper otfxiaUr adorasd a certified! shall be placed is tM brads of said Mortgagee R within ten days ne:t after paymsat: and is~ tM event that say thorrot b not ao paid, wtbfisd sad distdturged. acid Mortgages nay at any time py the rater a any part thereof without waiving or attedittg amy option. lien, equity or right under a by vgtue of this mortgage. and tM tuD amount of tech asd every such payment aha8 ~ bs immedublr dw tad payable and shag boar iatereat imm tM dab tbeeeot tratit peal at tM me o! tea pert oeatura per annum and together with such interest shall be secured by the lies of thb'mortgags. R. To play and oontinuoudy keep on the bu>7diaga Dow ar hsreaftsr sitwb ea said rand lira and wi•dstorra insurance in the usual standard policy tong in • sum not ins than tbt amount dw Mrson. is such company or companies as cosy be approved by said Mortgagset and all each inauraaa po!iciss oa say o[ said buUdirtp, asp interest therein or part thereof in the aggregate soot atoreaaid or sA hest thereof shelf oarttab the uaud ttaadard mortgage. clause soakias the fo>r• under said policies. each and evert. payable w said Matgagw b hie interest our appear. and etch and every ttteb policy shall be promptly dslivsrwd to a•d bald br slid. 111ortgsgae; •nd, not less than ten days to advance d tht espgatiar of etch potter. b deliver to a•il Mortgsgw • recseorl r thereof. together with • reodpt for tl+e peeeeiam of such reaewak sad there altar bs tae tech lasta~arae pisatd oa any of said bur"Wt'nis. ear iatereat tbsrei a< pert cheers[. traltss i• the aorta sad with tM lots ptrtbit •t atorssud: and i4 cM weal say tam o< aamay bsoomes p.yaNe under each potiep K polieite sad said Yertgags~. i . ~ •