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HomeMy WebLinkAbout0546 . ~3' BUILDIP~G "D" 4~.~~ THIS MORTGAGE OF.ED, made and a:ecuted the ~h day of October 19 ~9 by Herve Roy and Cosine S. Roy, his wife of 185 Campbell Sud, St. Hilaire, Quebec, Canada J3H 3T4 6eninatter called the Mortgagor, whieA term ahsU include the hens, legal npreseatstives, aucaaaon and uaigna- of tAe said Mortgagor wherever the Content so requires or admits, to TURTLE REEF ASSOCIATES, INC., P.O. Bo: 618, Jensen BeacA, FL ~3aS7 Aereinatter caUad' the Mortgagee, which term ahaU include the sutassora and aaaigas of the said Mortgagee wherrver tAe Conte:t ao requires or admits. WITNESSETH: That for dwen good and valuable eonsideratioeu, and also in oonaideratiQn of tM aggregate a~:m ~ ~ named in tM promissory rota of even date AerewitA hereinafter described, tM said Mortgagor don hereby ~ ,s grant. bargain. seU, alien, ntniae, release, convey and contum unto the acid Mortgages, his Alin, wtoaators and o d a, " aaaiaus, aU tAe Certain piece..., panel..., or tract.... of land, of which the acid Mortgagor b now ssirad and t poaaeaaed and inactual possession, situate in the County of St. Lucie and State of Fkxida, deseribad as tdinws; dy~-~~ Unit Weeks 29 ~ ~ ~ and 31 i n Condomi ni um D 13 ? ! 3 a consisting of Apartment Number D 13 and its undivided share y.•~_.:7y . ro of the common elements of Turtle Reef Condominium I, as such is K ~ ~ ~ q r- described in the Master Form Deed, recorded in Official Records Boo!: as 263, Page 2002. This is a purchase money mortgage. 41 • J ~ V y It is further agrsad betweaa tM partiar to this mortgage that, in addition to tM farms and coaditioas sd wt bereia. it a eonvsyanca should be made by tM Mortgagor of tM premises Aeeeia described, or sap part tltseeof, wkbont brat obtaining both tM .written consent of the Mldar harwt. sad as aawmtptioa a[ this obtigatioa. m wriNos. by tM new proposed Grantee. tMn, sad L that swat at tbs optba of the 6oidsr Asesot+ without notice. ali soma of ttaaey secured baesby eha4 fmmedutaly and ooncurnetlp with such ooavayanoa, baooma dw and gyabts and said Note sad Mortgsgo shall bs io datault. . TO HAVE AND TO HOLD- tM samR together with aII sad singular the tewtaeats. Aaraditamsata sad ap purtaaanpa thareuato bebagiag or in anywise appertaining and tM revenion and eevenioas. rsmaiadsr sad r? sotiaden. e!snts. isaws and profiu thereof sad also all tM estate. right. title, interest, property. possesaioq datm sad demand wAatsoewe as wdt in law as in equity of flu said Mortgage in and to tM same sad wsq paR sad pared thereof unto tbs said Mortgagee. and Iris heirs. suecessora and assigns, L ice simple. Asd acid Mortgagor. for bimaeli, and Ais heir. legal representatives. aueceaaon sad assigns, bsesby oonwoaata with acid Mortgages. Ain Rein, legal representatives. suecesson and assigns, that said Mortgagor V ~ seized of said landw tee simpla~ that the said Mortgagor has full power sad lawenl right tq oonwlr the aama is tea simple as atoe+eaaid: that it shalt be lawful tar acid Mortgagees Ain hairs. legal repreasntativse. suaaeon and asaigm~ at aD limas peacsabty and quietly to enter npoo. Aoki. occupy sad enjoy said lanl and wet~r part tMso$ that said land is tree hom all incumbnneaac that acid Mortgagor. his Rain, legal eepessentativas, auooeeaors and assigns. wt71 make aucA further uawanoas to parted tM tee simple titL to acid Lad is acid Mortgages. { his heirs, legal reprsaantativea. sueeeaaon and assigns, as map ts.wnably be rrgnind: and that said Mattgagor j does Aertby tally wamnt tbs title to said land and every part thereof and will dehnd the ~aaae asaimt the ~ 1awMi claims of all persona whor~ower. - - - It b nnderstaod tAat aaeA of eM words. "hots". ..mortgagor" and "mortgagor" rsapsetivdy sad the proaooea - referring tharet0. whether is tAe singular a< plum aaywhen L this mortgage, aAall bi singular B oas otrb? aydL _ i shall be pharal jointly and aeveraUy, ii mare than one. and shaD M maaealiaa. hmioias atdloe taatttsr. wAse+awtr _ the ooatert p implies or admits. ~ . And said Mortgagor for himself and his Rein. legal repreaeatatives, suaoaasors and assigns. Ausby covananq sad agrees to sad witA said Mortgages. tie legs! tepreseatativee, succeseoes and aaeigas: 1. To pay all and singular the prinripd and interest and the various and sundry Gums of money gyab4 by _ ~ , ; virtue of said promissory note. and this mortgage. each and every. promptly on tM days tapeetivdy tM aama - severalty become due. • 2. To qy aU and singular the tares. aaaassmenta, levies, tiabUitiea, obGgatians and incumb:aoces of ewq ~ ~ -r, nature and kind now on said dexribed property. and/or that lursafter map be imposed. suHend. pLeed. levied ~ ' ~ or assessed thereupon, and/or that hereafter may be levied a assessed upon this mortgage and/or tbs iadabtedaess ~ secured herby. each and every. when dw sad gyabls aooardiag to Lw, before tbay become ddinqusot, sad y before any iatereat attaches or say penalty V incurred: and in ao tar as any theesot L ~ record tM seas aka11 M promptly satisfied sad discharged of neoed and the original otAcial document laueb as. tar iaataaos~ tba tar , . receipt or the satisfaction gpsr officially .endorsed or certifudl shall be p4csd io the bands of said Matgagsa within ten daps nest otter gyment: and is Ns went that any tMreot b not ao paid, satiafwd and discharged, said Mortgages snap at any time qy tAe acme or any part thereof without waiving or affecting say option, ,Y_ ~ ~ Gen, equity or right under or by virtue of this mortgage, sad tM tuU amount of sack sad wwy such gymaat shall be immediately due and gyabla and shaD boar interest from tM date thereof nntit paid at the me of ten per oenturn per annum and together with such iatarort shall be seewed by the Gee of tbls'mortgags. g. To plan sad eontinuoudy keep oa the bur7dinga now or MreaM situate oa said Lad fie+a and windstorm issuance is the usual standard po4ey torati in • suss. not leas than tM amount dw Mreoa, in such company or companies as easy be approval by said Mortgages. and all such iasunaa poltdsa ae sop of said buildings. aolr interest tMreia or part thereof is tM aggregate sum aforesaid or is esseas tMreof. sbaD contain tbs usual ~ standard nwrtgiges clause tasking the loss Hader acid policies, each and every. payable to said Mortgages as his Interest may appear. and sash sad every sack porky shall be promptly dslivsrsd to sad keld by said Mortgagap ~ and. not less than ten days la advance of tM aspiration of each policy. to ddiwr to .aid Martgsgse • rseiawd r thereof, togetbw witA • receipt for the premium of such rsaawak and thate aAa4 b tto suck lasurattos plead on say of s•id buildings, sap Ltt.reac tAwein « qrt theraet. trotsea b eba brm std wick tAa ba gyab4 v aforesaid: sad fe tM event sap sum of taoaay becomes payable sales aue6 polity w polkiss sad acid Yaetaagaa ~ ~~e~t~ ~~Q ~ 80~e~eiJ P11f,~ ~ ~ ~ i