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Home My WebLink About0506 i~- BUILDING "0" 4~,~0 . THl3 MORTC,AGE OI:ED, creeds •ed a:stated the ~.d.y of _,$,@Rtamhar ~ 191._. by Leslie M. and Glenda J. Sipes, his wife of 19835 Roslyn Dr. ~ Rocky River, Ohio 44116 hereinafter called the Mortgagor, which tens ehaU include the hens, legal npreseatatives. succeason and aaaigns- ot the aid Mortgagor wherever the context ao requires or admits, to TURTLE REEF ASSOCIATES, INC., P.O. Got 61a, Jensen Beach, FL ~~sST hereinafter eaUed~ the Mortgagee, which teen ehaU include the acid 1?fortgagee wherever the content ao suettsaors sad a»igaa of tM requires a admits. WITNESSETH: That for eleven good and valuabM tonaideretioaa, and also in ooasidentigee of tM aggrepy e~:m named in tM pwmisaory cote of even date herewith hereinafter described, tM said Mortgapr don Brant, bargsia, sell, alien, reeaise. release, convey and conterm unto the said ~foetpgee, his hws~ soooeseors ~ asaisaa, all the certain puce.... parcel.... a tract.... of land, of which tM said Mortsaga b cow ssi:sd poaaeaaed and iaactual possession, .situate in the County of St. Lucie and State o< Florida, described a tspa~ Unit Weeks and 52 in Condominium D~ consisting of Apartment Number 0_~ and its undivided share of the common elements of Turtle Reef Condominium I, as such is a° described in the Master Form Deed, recorded in Official~rRec~rds Bo ~:~o ,n P~•-rryiT e>: Tutlx _ 263, Page 2002. This is a purchase looney mortgage. F. ~ ~ ~ =~s of nE~~ c_Ir:as It is farther agred betweew the .,,g G.-.-v.T Go~..i, St. LUi.iE CO. Rd.»~` parties to this awrtgap flat. is addition ~ the terms asd ooodiRioas sat out hmie>, u a conveyance should be made by tM Mortpgor of the peemisea haeeia daeribs~ or ssy part thereof. without flrad obtaidees both the eirittaa eaeseat of the holder hereof; wed as sssomletioa of fhb ebligatioe>. m weitias. by tM saw proposed Graatea; thee. sad iq that went, at tM optiae e! the 6oidser heree~ without notice. an suns of emeyr secured 6eesby share. finereediataly and eoaevrreatly with sne.6 eoavayasoai, baoome dtw sad payable and said Note sad Mortppa ehaU be is debuk. TO HAVE AND TO HOLD tM aame~ together with an sad . sieegeelar tM tenaeaeata, heraditamsata and ap purtemanoa thereemto bbogiees o: in anywise appeetaining and tM reversion sad ~ ~ ~ aaaiade:a. rents. isseees sad profits thereof sad aLio an the estate. right. tit4, interest. property. poeaeaisea edaim cad demand wlutaoever as wall is law as is equity of tM said I+doetgagor is and to the same sad awry part sad parcel thereof unto the said Mortgagee, and his heir, sneeesson and assigns. is fee simple. And said IKortgagor. for himself, and his Mira. Mpl repeeeenatives, aucoesaon aetd aesipar beraby oosrnaaq with said Mortgagee,. hb heirs. legal represeatativa, sueeessoee sad assigns, that acid ldoetssgor b iodstisse'b~r seised of said Mad is tee simpLt that the acid Mortgagor has tali power and lawfd rigid tq oosvey the assns is tae simple as atoreaid: that it ehaU b lawful for acid Mortgagee; his heirs, legal repreeeatatiwa~ seeooesaore sad ~ at all times peeewbly sad quietly to eater repose. hold. ooeapy sad enjoy said Lued sad evwp pert thereof that acid land b sae [rem ali iocumbnnoeac that said Mortgagor. his heirs. kpi sepeesestatiwsr aacoaaaas cad - - ~ ~ - assigaa. win awake nosh further aasuranoa to perfect tla tee aimpis tit4 to said Iaad iD said his heirs. legal represeatativee. weeeasors cad assigns, as may reaaoeeabty be ragnired: sad that said Mortgagoee : - does Hereby IteUp warrant the titM to said Lead and very part thereof and wi deMd the acme against the ~ ~ _ IawMl claims of all persons whomsower. ~ - - I i , ~ It is understood ttut each OI tM words "sects". •'moetgagor" sad '~ortgsgee° easpeegfvdy asd the preaa~esa ' referring thereto, whether is tM singuLu ar plural anywhere is this moetpga~ share be sieegnisr it one aabr actg. . ~ ehaU be phenl jointly sad severally, if eeeore~ than one, sad shall be maseoleea~ tsmioiee aeedbr staotae. whwarr = i. the contest so impUse or admits. ~ Had said ><+fortpgar for himself and his hairs. Mgai repreeeertattnes;, seeooeasoes cad aseiaas,, hereby oewreaata wed . E -agree w sad with said Mortgagee. has legal repeesaatativa, suooeaoes and sssigme - ' ~t 1. To pay all sad singulu the principd and interest sad the variow and suedry amens of eaosey payable by t , virtne of said promissory note. and thin mortgage. each and wary. promptly as tM days eespeetive~? the same ~ - . aweraUy beoorae due. s ~ Z. To pay an sad singular the cases. asaesseeeeeb, levies, liabel'tia, obtigatioas sad ineuaobraaoes of every ^ , ~esaeuro and hind sow on said described property. aadlor that heeeatter may be imposed. suffeeexl, pLxed. Mv4d - - ~ ~~ior assessed thereupon. and/or that herrafter may be levied ar assessed upon this moetpge and/or the iodebtedaaa i , iecnred hereby. each sad wary. when dw sad payable aooordias to Mw. before they baooeae detiagwat, sad baton •ny isterest attaches or say penahy M iacarred: and_ia so tar u a~ theeed i• o! record the seam share ba - - promptly aWfied sad diacharpd of reeoed sad the origu,d otfkid docnmeat both as, for iastaaoe~ the tae receipt or the aatia(action paper otCeeiaUy endorsed or certifiedl .hen be placed in the hands of said Mortpgse within ten days of:t after payment: and in tM event that say thereof b not ao paid. atisfMd sad diacha-pd; acid Mortgages aeay at any tiara pay the scene or say part thereof nitbout waivins or aHeetiret asy optioei Lien, equity or right under or by virtue of this mortgage. sad tM tun account of each and every such payment ahaII be immediately due and payable •nd share bar interest hone the date thereof mtii paid at tM refs of ten pe: ceotura per aaaurn and together with such interest shall be seemed by the Ues of thb'mortpge. 3. To pLa cad ewntinuoualy keep oa the buildings eww of 6ereetur situate ea said Mod fin and wiodstors insurance is tM usual standard policy tornti b • suer cwt Mae -than tM amonaR dw hereon, is such eoenpany or wmpanies •s nay be approved by said Mortgagee: wed all such insurance polida as say of said buildLegs, aeey ~ intertst therein or part thereof: is tM aggregate wm aforesaid or is esoess thareei+ share contain the uswl ~ f etaadard nartgsgee clause makL~g the bas netder said policies. each and every. payabM to said Mortpga a IeL lateeeet nay appear. and eeeh aced every melt policy ehaU be pnmptly dalivsred M asd held by aaW tdortpgad •nd, not less than tea days to advance of the e:ptration of eetdt poUey. to deiiwr to acid Mortpgee a rseewal thereof. together with • noalpt /or the pneainm a< such renewsk sad then aW 6e sto sue! Iasnnaos pLu~ad as soy of said bue~dieep, say Interest thareitt er pert thereef. ttalsee b the Incas asd with the loss psyabM r •foreaeid: sad ie the west say sum of ssoeeey beooma payable order aneA pommy K policiae and acid Itertgagso ~ 4001I~ PAGE -