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Home My WebLink About0928 1' QutLD1r~G "0" s~J~4 THIS ~tORTGAGE DEED, made and eaecuted the ll~hd~y of F~bYlldt~ 19 83 h„ ~iabert D. MoClta~ and Danna L. McCl~, his wife t of 9541 Seo~or~d Ave So. , Minneapolis, Minn. 55420 ~ See~indter taUed th• 1lortg~gor. ~rAic~ ttrtn ~h~U intlude the heir+. legd roprexatative~, aucce»or~ and ~a~ign~- ot tAe aaid Mortgaaor ~rl?erever tAe context ao requires or ~dmit~, ~ to TURTLE REEF ASSOCIATES, 1'~C , P O. Bo: 618. Jeo~en BeacA, FL 33s5: ~ereiewa(ter c~Ued tAe Mortg~gee, whicl? term shaU indude the sutcessor~ and ue:~a ot tht ~ said Mortgages whercver t~e tonte:t ~o rsquire~ or ~dmit~. ~yJ WITNESSETH: Th~t tor devere Rood and valu~~k toneider~tion~, and al~o in con~ider~tipn of th~ ~agreg~t~ s~:m named in th~ pwmi~~ory not~ ot even date ~ere~rith Rerein~tter dexribed, th~ uid Mortaa~ dots l~ertbr ~rant. D~rg~in, xU. ~lien, remiae, ~elea~e, c~onvey and confirni unto the ~aid ~tortgagc~, Aia Aein, suott~oe~~ and ~~aign~, ~U the certain piece..., parcet. . or tr~ct.... of I~nd, ot ~rAich ths said Mortga~ is eww aeir~d and posxaxd and in~ctu~l po~ee~aion, lituete in the County of St. Lucie end S~~te ot F{oeida, deaen'b~d ~s M[le~ .5 ~ Unit Weeks 3, 4, 5, and 6 in Condominium D- 9 consisting of Apartment Number D- 9 and its undivided shar~ ~ of the comnon elements of Turtle Reef Condominium I, as such is ~ ~ described in the Master Form Deed, recorded in Official Recor~s Boo!: 263, Page 20Q2. This is a purchase money mortgage. ~ It ie turth~r ~greed btween the partie~ w this morig~g~e that, in addition to th~ term~ ~nd oonditions ~et, , ;~t ~erein. it a tonv~yante shouW be ensd~ by th~ Mort~agor of the premia~s e~ein d~cn'b~ or asqr part ~ th~rsot. witho~t tirat obtaining both th~ ~vrittan coA~snt of th~ holdt herwt. and aa aaa~mption ot c~i~ oblig~tion, in writins, by tM es~w propo~d GrantN. t~en, and in th~t eveot, at ts~ option ot ths boid~ ta~o~ ~ . wit6out notics. all suma ot moa~y secured ~by ehaU, immed'utsly ~nd ooacurnntly ~ritb suce ocaw~raoc,~ b~oom,~ ( ;~u~ and p~rabb aad aaid Not~ and Mortga~ s6a11 ~ ia detault. ~ ~ TO HAVE AND TO HOLD tAe same~ togethee with all and singular the temenenta, h~eeditamrass and ap =ytu~t,aaance~ tharsuato bebaging or in ~nywi~ appKtainiag ~nd the reverswn ~nd ceversions. r~maindK ~ad » ~~uiadm. rsnta. isaun and pro6ts t2~crcot acd ~leo aU tb~ estat~. right. tide. iau~t, prope~tr. posswioa, elaim ~ad dernand w6atsow~r as we11 ia law ~s in equity ot the said Mortgagor ia ?-d W the saaH and eveq part aod putd t1?ereot ~nW tb~ said Mortgagee. snd !u~ beirs, sncce~~ori and ~asign~. in fce ~npb. ' Aad iaid Mortga~or. tos himadf. and his beira. kgal rep~+ea~ntatives. ~ueeee~oes aad assiana. A~nbp aoe~vraaata ' wilh said Mortg~ga~, hia hein. legal reprexntative~. suece~aors and aaiign~, thai ~aid Mortgaaoe is indeE~aibt~ ~ ~aiud ot aaid Lnd in fe~ eimpl~ that the aaid Mortgagor hu full ponrer and lawriul ri~ht tq conve~ td aam~ in te~ ; ~impte ta sionpaid: teuc it sn~u oe iaw~ui ioc Mid Mori~ge~, nia aara. ugai represeniauva. n~ceessort aua as~aa. - ~ at a11 tim~s pe~eably aod quietly to enter npon. hold. oocvpy and mjor said land and sverp part th~ot; ~ tMt said land i~ hee trow all incumbrance~c that said Mortg~~or. lua hein, legal tepres~at~tivq, ~neoes~ots and G ~seign~. w~71 maln ~uch turtRer a~suranea~ to periect th~ te~ ample titL to said Lnd in ~aid Mrotaa~ ~ ~ Mir~, legal repe~~ntatives, succeosors and a~aigna. ~s may reawaably b~ required: and that s~id Matgaaoe doe~ herebp iully warrant the titL to aaid land and ever~? part theieot and w~71 defrnd th~ sam~ ~ainst th~ ~ L..tul d,;ma or .u per~ons whoea~o.vet. € lt i.+ understood tAat saeh of the words. "note", "mortga~oi ' and '~tgag~t" essp~ettwi~ ~nd t~ pnwoua~ 4 eefening tAereta. ~rAether in the einguLr ar piurd anywhere in thia ewrtgage, d~tU bt an~uLr N ou~ oabr ~ab - ; s~.n ~ pnu.t ~o;~c~r and severally. ii in«e tl~an ons. ~nd sha11 be raaaca2ins. Lemiaia~ aad/oe ~ut~. ws~rewr z ~l! GOOClIt ~O lIDpLM Or ~dID~Cl. ~ And said Matga~or tor himxif and Ais l~eirs. kaal rep~tatiw~. suansars aAd ~seians, ber~b~ eovenant~ and % agrees to and wit~ said Mortgagee. Aie legal repre~atative~, suaessor~ and auignx - ~ 1. To pay all ~nd eingular the principal and intere~t and ths v~rious and sundr~ sume ot awetep payabl~ b~ ; virtue of said promi~~ory note. •nd thi~ mortg~gs. each end everr. promptl~ o~ the daya ttspeetively t!w sam~ ~ sevenlly beeoms du~. 2. To p~y aU ~nd aingul~r the t~e~, aax~amenb, levies. G~bilitie~, obligatious ~nd incumbnntea ot rver~r nature and Itind now on uid dexriDed property, andlor that hereafter may b~ impoxd, sut[end. plaoed, hried or aexeeed thereupon. and!o~ tlut hereaftef enar be kvied or ~~s~~d upon t~ mortgags ~ndlo~ tM ind~btiedn~s~ ; secvred hereby, esch ~nd everp, when dw and p~yabls accocdina to law, betoe* thep beoom~ delinqu~al. and ' betors any intere~t •ctaches or any penalty L Gxvrr~d: and jn w t~r u aar theeeot is oi reeord tM sar~ ~a11 b~ ~ pmmptly e~ti~fied and dixharged of reooed and the original otlicial document (sneh as, for lastano~ t~ tas recaipt or tAs sati~[~ction p~per officially a~dorsed or certified) ~~?an be p1+a.d in the bande o[ said Martgagw wit6in ten day~ ne:t attcr parment: ~nd ia ths event th~t ~ny tbeeeot is not ao paid. ~~tisfisd Rnd dlxh~-~ said Mortgagef may ~t any tim~ pay ths saine or ~ny part thereot witbout wafving or aifeeting anr option, lien, equity or right under or by virtue o( this mortg~ge, •nd tl~e tull aawunt ot e~cs and ~veep ~utb payment ahell be immediately due snd p~yabb and ehaU be~r intere~t from th~ dat~e thereof unW paid ~t ths nte ot tea pa oenturn per •nnum and togethK witA euch interut shaU be secured by the lise ot thb~'mortgage. ~ 3. To plau •nd continuously keep on tl?~ bui7dinge oow or 6sre~fte~ aitwb oa aaid l~nd lirt and windatorm insurance in tAe u~u~l ~tandud policy tortn, in • eum not les~ than tb~ aatout~t dw Aereon, in sucl~ toenpany _ or comp~nie~ •s m~y be •pproved by ~aid Mortg~ger, and all ~uch in~urn~u polici~s oa aar ot said bw'1dG~a, anr i intemt Rherein or part thereof, in the aagregat~ sum atorea~id or in tzces~ t~rwt, e6d1 oontain tb~ ususl ' ~tanda:d mortgagw cl~us~ enalcing the b~ ander said policiea. ach and evay. p~yabb to eaid Mortgage~ as ~ ~ iaterest may ~ppe~r. and ~ach ~nd every wuh poticy? sAdl b~ praaPtly ddiv~r~d to aad aeld br ~aZd btactaa~ and, not leas than teo d.y. in ~dv~nce o~ ch~ e:pirat'an ot. satA poli~. to ddir~ to Nid Mortpr+ ~ t~e»wd thereof. togetMr witA • realpt tor th~ premium o! sucb no~w~ and t6~e+ atu8 b~ ao ~ IASUrana plsad on •oy ot said buildinp. ~nr iot~r:+t tliwria or p~rt th~nof. nn1N~ in td (oea .,d .~ce ce. to.. ar•~• •foresaid: ~nd ia th~ ~+r~nt aey ~um ot montp b~oomta p~y~b4 nadK w~6 po1~t7 or Pol~c~ aad said 1[at~a~ . . . • 412 P~~ 9zs ~ _ _ _ , . ~r$'~ 3..2 ~ i~.'r. 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