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HomeMy WebLinkAbout0230 C-18A THIS MORTGAGE INDENTURE I.oan No. 48986-2 b E~~~~ u~~• 23 ~y ~i September .^.o..i8 77. b+' VICTORY CONSTRUCTION, INC. , a Florida corporation, p+r~y of tM fasi par~ (Mn~~+li~. cM4d Ma~9~0o~1. w CHAS~ FEDERAL SAVINGS AND LOAN ASSOCIATION • cwpor~tion ~xnt~rq unda ~M Iswt of tM United Suus of Amaic~, p~rty o1 t~e faond psrt lM.t~nst~er ca1Nd tM Asac~ationl. YVITNESSETH, TMt for diw.s qood ~nd vNusWe ca?s~stwns, and to wcun tM p~yrmnt oi tlw ayyrpiu wm of rtwney nanrd a+ cM p«muo.r ~o~~ ol ewn dst~ hNfYNtA, INffiNftN Inlnl~O~Nd. tOyftAN YMth ifltMpt tIfM~Of1 ~t1d NI OthK flMlri OI TWNy f~CY~~d fN~~by ~t hMf+niltM pOVid~d. lhf M0~t9ip0~ dMti yr~t. bi~yi,n, Stll, M~en. nmye. nNn~. co~wY ~nd conlr~n un~o d?~ Aaociuia+. in IK sirnPM. ~h~ followiny d~nibd ~esl aun. of whieh tM Mortyspor is now ~~d snd Possess~d aM m aetual posMaiae. ~itwq in tM County oi St • Z+L1C~e . Su~~ ot Flaida. I~IIy desa~bed ~s ~a~ow.: Lot 7, Vikings Landing Subdivision, Phase One, according to the plat thereof recorded in Plat Book 18, Page 7, Public Revords of St. Lucie County, Florida. ; Subject to restrictions of record. TOGETNER wiM ad struttw~s and imp~onMMna now and IwM~qr on ~sid Ir~d and 11N fixlwM ~taclNd NMtto. abo toy~dw wi~ MI and sinqu4? t!N t~ne.nenls. hM~tanMna. M~M~Mnn. rip~rian ~ioAts and aPVu?q~ancw MMMMtO bNorginY. Or in any wiM app~~ts~nw+i. and tM rMb. i~Mt. and Protits M~nol. and alfo sll ~he es~al~, rght, titlf. intMMt snd NI CIti111s N~d dan1~ wh~lfOM?. ii wMl in liw at in pui~Y. ot iNd MortypOr in ifld to tM taeM. and frMY D~t and parcN tMn01. and also all git , and Natrit fixtYrp, qdittas. hMtML air tp~ditioeiig ~Wipn~t. mathin~Y. boi1M. ran~s ~M~rstws and nqtws, b~thtuba, siNtf. vwtM tbpb. watN basins. PV~s. N huctb. ~nd od~ P~~~Y am1 hqtiig fistuta. m~ntNs. rN~qKatMY Mw ard iw bo~s. wieclow aa~a. ~u~n doaa, va»tian We+dt,. stam tfwttus and awnings, which sn now w m~y hKw/pr P~rain to w D~ w~d with, in or on s~id W~niNS. ~wn tl~oupA dKY be detacMd a d~uehabN, ar~ and thsll be durmd to b~ tuetw~s snA access~oe~s to tM Inahold snd a pxt of tM na1tY. ~nd. 11 dy ibOV~ dptrib~d pOpplY ~t ~fOYM O~ tAMI INfq~q~ O~ Yf~d }a ~pAy~~ qp~~ ~ q1~ fY~AitYf~ ind }Yrnifh~ngS i~1d any .plaan»na iM.wt wAien m~? be ow~re btr tM I~Aatypo. and wA~eA ar~ now o~ ms~r Mnstn~ be ~ocsad upon tM abar~ d~suib~e waauhr. TO HAV E ANO TO HOL~ th~ swne, toy~thet wiM a~1 tM ~sbte, ~ght, titN, ~ntK~st, AwMStMd. dowu and rght o/ dowa, s~OKSb ~sbt~, postpaan, claim snd dKnr~d wh~tso~ra. in Isw or in WuitY. 01 Me ssid Matq~yw in and to tM tam~. and MrY Psrt t~ao~. v:~to t~ aid As~ociation in fM simpM. - 71~ Morty~or hlnby tova+inn wiM tM AsiotittiOn fMe tIN Mortyipt $ wdlfewWY f~iz~d wiM tIN aDioluu ind fN ~impN cit4 to ssid P?oW«Y. and has Iu11 Powe.. snd Iw~Aul wthority ~ fNl. opnNy. trNnfK snd morqip~ th~ frn~: dwt it fhall b~ lawfut it any tim~ herNita fp the Affotirian to pNwaWy and Wittly eetK upa~. hsw. Aold snd ~nloY ~ WoD~1Y. and ~erY W?t tlwwl: that said P~~~Y a tne snd d'bdw~p~d f~om MI liens. ancwnbrancyi,. snd claims ot sny kaid. inchd~ny tanes and sts~pnNnt;, acppt tM IiM? hKrof, whid~ is s tint ii~n on ssid prop~rty: thst tM Nlortysyor wiU eeWlc~ weh turtl~u aauwntts to puf~et th~ iN simpte titM to ssid prope~tY in eM Atsocistion ss ~ns1? ns~a~WY b~ nWind: ~nd th~t tM Mortygor does MrebY fuNy w~nsnt u~to tM Association We tit1~ to ssid Droperb and wi11 dela~d same ap~i~t tM mort~qr dait~ and d~mardi of aM pnwns wAwmtwnM. NOW. THEREFORE. cM cadition of Mis matyapt is sud~ tAst it tl» Mortgpor sMll wa11 and truly pay unto tM Auocisiion, Me irrf~btMness e+rid~nc~d bY thst oerqin P~omiuo~Y iat~. of ~wn d~b AK~wid4 msd~ M tM Mlo~~9~po~ and payabN to tM Apociation. in tM Print~Wl wm o~ One Hundred Eightee~ Thousand Four 8undred and No/100 OOLlARS ~s 118, 400 . 00 rowuw. rwd~ ~aaeu as ~n««n saue. v~raw~ wa . e~n ot 3 36 ~+w~?ns, a~a sha~i De~orm. camplY wiM and abid~ 01l ~h and avarY tlK saPut+tioro. spr~mnts. caWitioes snd cwa~nu co~ts~iwd and at IorM in this mo.s9ape and in tM D~omino.Y no~e s~cvnd AM~bY. tMn dus morlyp~ and tM at~q AM~bY uat~d ~hall Cwe and bt null snd void. ; c AND tM MatO~por dou Mr~ oorMwn ~nd prM: ~ 1_ To W11 all and sinpul~r tM P~~+i~ and iMMMt MK! OfhK MNm ol mawY WY~M b11 virtw of Nid D~Y not~ ~nd tlrs mortp~p~. or MtMr. prwnptN on i dl! d~ys fMp~Ct~~ L1N l~fM ~~Ny b~00fIN dIN. z 2. To p~y w and si~pubr tM wns. a~nts. a1w pw~rn~n~tN Iwi~s. liab'~frtip. obbY~tiorr and ~na+rnbrar~s of w~rY natan on s~id daaibW P~~h~ ~ snd tM rWe~d d~bt ~oqui~bon Meh and ~vMY wlNn dw Md W1~~ ~~Y to Iwv. b~fo~ tAeY b~oom~ dM'rW~Nnt ~nd. if tlN s~rm shM not b~ P~~+P~M ~ aid. cn. wswci.uon m~r ~c .iw qrn~. «n~ aw.. «.tar dNina~«+~r• Pw a» s~rn. w+u~out w~iw~o or ~f(~Ctirw tM option a ~or.ew... o~ snr riph~ : hsnund~r. ~nd w~y P+Yrn~N w m~ds shNl bw int~nst from tM d~a dw~o1 at tM na of bn Pw can (10%) p~r arwm• F ~ 3. Thst ths Monypor vriY kNp w rsN M+d v~ w~ir now a hKwh~r ~cumbM+d br tl~ ~i~n ot drs mat9ap~ i~qw~d ~s m+r b~ nquind trom ams to " f~ wne bY tM Association ~p~inst loss DY fin. wirdatam and otMr Mz~rds. casuala~s ~nd oor?tinp~ncMS ta wd~ paiods and tor not 1~ tl+~n wch amounts ss msY bs rsq~w~d bY ths Aaowtion M+d to PW P?omPtM wl»n dw aN Dnrtw+ms tor wd~ ~?sw~ncs. Mortyapa sprNS to dsYwr r~wd a nplsamMt I~ ; policies oi anY nawn a np~oMn~nt o~iKe~as ot ioaaN+a ~o tM Assoei~tia+. at Nist t~n (10) ds~rs P~ to tl+s ~piwtion or ww~rs~ry dsa ot ths s~istirq pobci~s_ Ths amoutMS of inaxanq hWw~d bp tM At~oaation sMM b~ nwniirNrn amounts tor whieh said irw+rM~os shaN b~ writt~n Nd it shN bs aiwmbMt ~ ~ upon U~s Mortqspor to rrMint~in suCh ~dditional iru~N~t~a q m~y b~ ~sMY to ir~t ~nd cort~P~11 ~Y vvith aM ao-+roursnp nquimm~?ts ooota~d in said i ' po4cws to tM ~nd tMt s~id Mwtppor is not ~ oo-inswor th~twrd~r- Iraursne~ aAW b~ wrinen M ~ aompar~Y ~PO~owd a d~siPa~ M~ ; Associstion and aY poYtNS and rMMwNs th~nof slrN b~ Mld try tM Associ~tion. AM det~ibd d~sprytions bY tM Mortptpor which are ~eceWsd bV ths I Associstion and sN sprNrn~nb b~tw~~n MortppOr ~td Apoci~tion rWtinp to i~. taw ~stirp a MrNfta m~. shaY b~ w? wriWp and shW bs s part ~ I oi this mortyaps aynsm~nt as WNy as da~ph s~t lorth v~b~tim AK~in and sA~M povan E~h Wrtiss I~eto u~d d~sir wcosssors ~nd assipns. No iia+ upo~ a~n1l ' ; op oi ssid Pdici~s ot i~aw~nos a uDa~ a+Y ntund or rNUm Pmm~+m wlwch m~y b~ Dw~ a+ tM csnc~Wtio~n w tummation thsrwt. shW be,yivso to othsr tAsn s { Z7 ths AssocisGai. sxuPt M V~op~r a~doa~m~nt ~ffwd 1o weh D~Y ~ ~PD~~ bY tM Atsod~t~- Esch Pow.y of w~swancs s1+W htvs sffucsd thereto a { ~ Standard New Yotk MortysyN (~us~ witfput ConUiDutqn. m~kinp ol lo~ or lossss ~wfdsr suCh PolicY W~rsbls to tM AssocNtian as its intKSSt rt~sy aPPea~. ~ 0 G d In the event sny sum or wms ~ mo+»y bscoms WY+bN therwrdK. ths Assoaation sh~Y have the opt~on to ncavs snd spply ths s~ms on sccount o( che m- ~ n~ O p~ ~ deDtsdn~ss hs~sbY sscur~d. or w pKmit tM Mortp~por to rseNw ~nd use it o~ ~rry part tl~sreot. without thenby wsivw~p w~mpiwuip snY squnY- Msn w nght ~ d under and by virtus M drs mortpape- In w~nt ot loas w phy~icN d~n~ to ths mortp~p~d prop~rly. ths Mortysyor shW pns inwrNdi~ts raUOS thersof M mad Q Z Y~ to the Assoc~aaon snd ths Astociation rMY m~b Prool d loss it the ssrt» is not m~ti~ P?omptly bY ths Mat~ayo~. In eve~t of tondosuro ot ths mortpage. a Q L o[ h e. t r s n s t s r o t t i t l s t o t h s m o rt p~ p~ d p r o p x t Y. a+ p u i ~ l w r~+t M ths irdebteM~ss ssa+nd hereby sp n9ht utle snd mtenst o/ ths Matpsgor in sr?d to l~ arqr ~~unnce Polkiss tha+ in (orce shsN ps~ to tM P~ a ynntes. TM Mortp~pa turtMr ayrees to sbide M ths ruNs snd e~ustinp reyulatans ot the 3 L~ Assot~atwn. m cotr~sction with requind iraw~nce oove?ap~ oi tM prop~rty hsrein sncumbered. LL7 ~ ~ ~ ~ _ ~ i r ; 1 ~En~FD o~ ~ ' u ~ :n ~ T AT E n ~ ~ .~J ~ : i- i ~ ~;(/f c= M D'J U M E Rf T A R" : S T A M P , WL` ON C(,~ ~N r~rMErrr = ~ ~ r ~ ~ t - - - t Pl1RS11AMi IO CHqpT~M1GIBLF pE:;~~ ~ FA)(~ - C~ 2~ JL. T. JF KEVE+~J. t.., . ER ~ER ~ N - • .tr • . 71-13q, P ry ~n ~ Q -~c _ ~cP~~ 7? 7~ 6 O~ J ~06ER POIiIfAS~ TS 29)l• ' PB. ~ ~ 3 a o = , ~ z _ _ ~ ' i ~C Ci~r,~ttR oouRT, st. u?C _ 4 Paragraph 4 and thoss wrwth fdbw ars containsd on tM rewrss sde of this matpaps and by reference sre urcwporated mto the body of ths mortysps. : T11! INTS MO~t9i901 ifld Af70CNt10l1, wi~enever used in this iMtrument, shall include the heirs, personal representauves, wocesso~s or assigns of ~he respective parues ~ hereto. Whererer used, th nurnba shall include tl~e plural and tMe plural the s~rgular, and the use ol any gender shall inctude all genders. IN WITNESS WHEH OF, these pr executed on the day ancf ytar (irst above nwitten. • ; ~ s~?ea. ~a ea ~ne o• o~: ' VICTO S ION, N. - ~ B ISEALI ` re i ent ' . or:.. , z _ " ' f6EAl1 ~ "3 - . , _ ti. ~senu As Secre • - = • r , ($EALI ~ . ~ ~ 1 j ~l ~TATE OF FLORIDA courr~r oF I~RTIN ~ 'r a _ . ; The forego~rg inslrurt~t was scknowkdged befo[e me this~ daY ot p~-. ~9~ dY VI~Q~ G$Q~g~~jid VIRGINIA GEORGEFF, as President and Secreta Z ~ V i c t o r y C o n s t r u c t i o n, I n c., a F l o r i d a c o r a t i o n, o n b e h~--_`~ f RE the corporation. ~ • ' ~ ~ ~~,,,s;p, ~x~~~ Natar~ Pu~lit at~ie ot FlcriG3 at Lar~e 0 R ~e~ Mli C~~~;.~~~~ p~~e~ ~ , 1°E~ B~OK~~ PACE ~.JV Nou.,, ~aK.s„u.a F~.ori8a r ~ •~t ` ~ ~ ~