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HomeMy WebLinkAbout0615 . C-92A mab THIS MORTGAGE INDENTURE I,oan #50440-2 ~ ~ ~ E..~~~.d ~n~~ 3 ~+v o~ March . A.D.. ~s 78. er M=QiAEL D. MATHIAS and ~ , STACEY MATFIIAS, husband and wife, . ~i pu[y ol iM firit par~ (M.~m+~ta ca1Nd Maiq~po~l. to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~ a cwporstwn exa~inq undr tM tsws ol tM Un~qd Suta ol An~rcs. pxtY ol ths s~cond ps~t lhs~awlur ca1NO tM Aifoaa~wnl. WITNESSETH, TAst lor dna~ yood and valwbl~ cons~dtra~rons. and to wcw~ ~M paymtn: ot tfN appreq~l~ wm ol r~orNY ~wned ~n IA! PrortusW~Y ot even ~la~e herw~th, Af~~~ili~tN mlAtipNd. ~oq~tha nrth intt~at the~ton ~nd ~tt otAM wms ol montY Ncui~d he+eby st I~t«Malte~ prw~d~d. tAe Ma~paqo• do~s q~snt, ba~ya~n, sc11, a1Nn. nmi~. r~leq~. co~vey and coofam u~to tM Auociaian, ~n fw sunpN. tM lollow~nq describ~d real est~t~. ol w1~Kh ~he Ma~gs~w u now u~iM s~+d Possessecf snd ~n actusl poss~stan, f~tuat~ in tM County ol St ~ Lu(,`i@ , State ol Fbrd~, I~qslly desc~~lud n ta~: Lot 27, Block 430, Port St. Lucie Section Three as per plat thereof recorded in Plat Book 12, Pages 13, 13A-I of the Public Records of St. Lucie County, Florida. inf~resttgf iecor~dt~t~~rig~i~seo~ewaytanc~fdrait~agear~g~i~sersionary ~ TOGETHEH with. s11 ~tructura ~nd wnprov~nNnts now and herMltp on siid Isnd snd cM IiaWr~s ~~uNwd tMr~to. Mfo toy~tM. w~?A sl~ and s~ngufar [M ~ene.nen~s, he.~ditartnnn. easaMnt~, rip~ri~n .g1~ts snd appurtMSnea eM.eunto ONorginp, a in ~nN wif~ a~pKtaniop, and tM rMts, nwes. snd pot~cs therw~. and slw ai1 ~he a~a[e, right, titlt. intKett and sll claims sn8 dwn~nds whstsotv~. as wNl in law s~ in puity, M s~id Mortqapor ia snd to tM san». sod ~vaY Drt and WrcN thsrwl, snd a~so .11 gas snd ~Netric fixtu*a. rsd~a~on, hq~e+i, air co~ditioninp ~VU~prt~t. machwwrY. boil~.f,. rarg~s, Newton snd motors, bathtu6s, sinks. waur clos~tf, vva~K t~ns. P~PK. fsupa, and otlw phimbinY ~nd Mstirg tixtura. msnt~k, hf~stinp plans snd ia boxu, w~ndow auea+s. u+wn doo~s. wKtian W~nds, stam shune.i and swn~nss, wnKn . . x~ now or m~y hK~atta PK~sw~ to or b~ us~d with, in w on said P~an~~f, w~ thagh tlry bt deucMd or deuchab4. an and shsll be d~em~d to be 1lawra anA sccess~ons to th~ t~Nhold and ~ pKt of tM reslty, and. if tht stiov~ dtstnb~d propnty is nowor shsll hK~aftK b~ usW fw tom~r~cial purpous. thee tM lu~niwn snd lurnish~nys and ~ sny npUq~nMb therwl which mry be owiNd bv tht Matypor and whieh x~ oow or may haNttu b~ lotsted upon tlr sbov~ dacr~bd W~~Y- TO HAVE AN~ TO HOLD the sa~M. tog~thsr vNth sll tht atste. ~~+t. lit4. intKest, homttttad. dowa and rght ot dowe~. s~psrste esute. posseaw~. c1a~m and dem~nd whstswve.. in I~w a in equity, oi tM said Matyagor in and to the sam~. snd arsrY p+?t tlw~w(, v.rto the aid Aaociation in tse sirtipN_ Th~ Morqspor henby cwenants nnM tM Auoeis~ion thst ~M Matpsyw is ind~tessibly ~eued wiM iM sbso~ua snd t~e sinple titN ~o ssid p.opertY. and has 1u11 powe.. a~d lawful suthority to sell. conwy, trsnsf~r and ma~gip~ the sr+?~: tAit II thill b! I~WIYI il Mly tr11f ANN~tN }Of l11! AffOtiiliOfl t0 p~iCtibly ifld q11illly Mld upW~. Aivt, hOld ifld MjOy Si1d P~OQlfIY. ~fld lVNY Pl?t tAKlO~: tAit fiid OfOpl~tY if }~N i11d d~CAi~9ld 1f01P1 i11 li!(~t, ~fKYf1l~Nif1ClS. ifld CI~M11S O~ iAy ki11d. intluding ~axes and assessrnanri. excapt eM lia~ M~wf, wAich a s tint tie~ on said popvty: thst the Mwtyapor w~ll make weh fwther sswrances to patect the t~e simp4 utN to sad proper W ~n the Auxistion ss may rtuo~ublY W rpuir~d: and thst tAe IiAatQsy~x do~s Mreby fully wu?snt unto tM Auoastwn the utk to said p~ope.ty xd w~ll defencl same ag~inst the ~nortgpt tlaims snd damsnds of sll penons whanso~vK. NOW. THEHEFORE. tM cordit~on of this mwtg~pt is wch thst ~t tht Mortgagor shsll Mwtl sod truly pay unw the Assocutwn. the ~ncfebtafneu ev~dn+c~d bY ths~ caain promissory note. ot ~ven d~t~ Aerew~M, rtiade by cAe Mor~y~gw snd paysWe to the Auocu~an. in tht p~~nt~W~ wm o~ Forty Thousand and No/100 oo«Aas ; ~s 40 , 000 . 00------- 3 36 „a„~ns. ~w sn~i 1. tognhe? wiM infNest ss therein saad. DaYable ow• s term oi perform, comply with and sbid~ bY tsd~ snd e~Y tM stipulation:, agrwneots, toeditions and tovenants conuined and set twth in this mo~tqage and in the p~om~ssorY note secund her~by. tMn thn matysy~ sod tht sau Aa~by awt~d sha11 cwe and b~awll snd void. AND tM Mortpspor dou I+K~ ouv~mnt ~nd aprN: 1. To WY aN aM sinpulsr tAs P~rK~OM and inbnst ~nd oth~r wms ot moMY WYabN b11 virtw d ss~d P?om~ssall nou and tM mortpsp~. or «tMr. D~~P«Y ~ tl» d~YS nsP~cawlp tM sMM t~vKaM1i D~oOew du~- 2. To ps~ aM Md ~irgul~r dr tu~s. ~s~n~ri. otlwr qowrnm~nW 4v»s. liab~l~ws. oQMp~t~o~s and ~rcumbrsnas of ~wrY natun on s~i.i dau~b~d D~ops~tY and tM nlsad Nbt s~sition ueh snd w~rY wlwn dw ~nd WY~ ~ lo I~w. DNoro tMY b~can~ d~»nt ~nd. ii tM wm~ ~ASM not b~ D~a++P~h , p~d. ths Astad~oon maY ~t sny tirM. NtMr b~Lon ot ~tter dNinqu~ncY• WY tM s~ms vmthout w~rvirq or af(~Ctinp tM optqn to (oncbN. w at~y rpht hsrsund~r. ~nd wwy pa~nrNnt w m~ tNN bw int~nst hom th~ ~n tMr~o( ~t ths qb o( ten Per ant (109i) Dw arrwm. 3. That the Morty~por vnq kND ~II n~l ~nd pasa?N propwty now a Mrwh~r ~+a~rt~b~~d bY tM lisn o( ths rtartp~p~ www~d ~s m+Y b~ nQuind from t~me to : nme by the As~ociatwn ~psK?st loss by tw. windstam and otMr huuds. uwdt»s and cont~as lor such p~riods and fa not bss than wch amounts ss may bs roWind bY ths AssocNdo~ ~nd to pty P~PW wMn dw ~N pnmums lot wch a~wrsncs. Mort9spor pnss to dslnsr rN~swM p~splacement po6aes o1 ~ny nstun a nptac«nsnt cMtifiut~s M insupuiq a tM Associacion. ac Nass t~n (10) dsys prar to ths u~p~racwn a srw~iversu~r daa ot ~hs eYKUnp pol~ues. The amounb of irqur~nC~ rsq~r~d bY dN AstOtiatqn sMN b~ mxrmum ~mounts tw wlwth sa~d mwrance shsM ba wnttsn and A shaM bs ~ncumbem upa~ the Mortqspa to ma~nt~n wch ~tionsl a+wrsnc~ ss m~y bs nKesssry to msst snd canplY iudy vmth ~N ao-insursnu reqwnm~nts conpmsd m sad _ pot~c~es to t1w snd that s~d Matypa is not ~ oo-mwror tMrwndsr. Iraurarxe sMU bs wrrtten by s oomp~ny w comp~rrs++PP?ov~d a dss~ynat~d by the ` - Assoaatan ~nd ad PolicMS and ra~sw~h tMrs~ sA~d b~ Mld b'V ths Assoc~stan. All dsta~fsd dssqi»tioru M ths Mortqapor w1rcA ~rs sccsptsd bY the _ Assonatwn snd sll sprs~msnts bsiw~en Mortppor and Assowtan nlswp to uiwwnce. raw e~cntr+p a he~saher msd~. shaN bs m wnwq and shsN be s psh , oi this mwtgsQe sy~eement ~s tully u tlauyh s~t forth wrbaLm h~r«n u~d fMN qovem botA part~ss hereto srd ttNU succ~sson u+d assp~~s- No bsr? upon anY ot said polia~s ot ~~unnce or upon sny rs(und o~ rotum pnmum wh1Ch may b~ p~YsDN on ths unceNaua? or termxudon thsrsol. shsN be p~wn to ot1?er than _';:~t the Assoc~atbn. sxceDt br P?opsr endoa~m~nt ~i(uc~d to such poUcy ~nd ~pproved by tAe Assoc~ation E~ch potKY ot uwiranos shW havs sHuced thereto a ~ Standard New Ywk Mortgagee C1~uss without Conu~butan. msk~np alt loss a losses under such pohcy WYSbb to tAs Assouaua~ ss ib mtaest maY appear i _ ~ M In the event a~ryl wm w wms d moneY bscoms P+Y~ ~ Assoaatwn shsll hsve ths optan to rscmw and apply ths ssins w+ account o( the ~n- t debeedneu hereM secursd. a to wrrtut ths Mori9spa to ncave ~nd use n. a s~ry p~n thereol. vwthoui chereby wa~vu~p or ~mpa~~np snY ew+~ty. hsn or r~ght ~ ~ ~ under and by wrtue of tMS mwtgaps In ewnt oi {oss a phys~eN dartqps to tM matpaysd propertY. ths Mortqaya shaU Spw ~mmedate nouq thereo( by ma~l O to [iie Assoaatan and the Assoc~aUOn m~y rtwke prool ol bss ii ths sams ~s not made promptly by the Mwtgaga. In evsnt d iwsclow~e of tMS mortgage. or u.. othe? transfer of utle to ths matpayed propsrty. m extw?pu~sl+msnt oi the mdebtedness secured hereby. ati nght, utb srd u~tscest of ths Mortpagor ~n a~d to f - any mw~ance po~K~es then m torcs shsll psss to tM purchasK a g~antee The Mortp~por (urthe~ sp~ees to abde by tAe rules snd enstu~p reyutauons of the ~ ~ Assoc~atron. in connectwn vrith rpuusd x?wranca cavsrp~ of tM p?opertY hsrNn erxumbered - ~ ~ ~ ~ ~ J- tn <r O Received 8 D.~ In PaYment Of Taxes J Due On Class "C" Intangib~ePersonalPropsrty. l; y P,i•~uarn TO CttaptK 71. 134. Acts Of~71. ROGER POIT'RAS ~~e•w G?cuit CourL SL Lucis• Co•• 4 Paragraph 4 and thoss whrch toUow srs contnn~d on the reverss sde of tfws matQap~ and Dy refennts sre ~ncorpaated ~nto ths body of th~s matpsps The te~ms Mortgagor and Assot~atwn, whe~ever used ~n this insirument, sl~all ~ntlude tAe Ae~rs, pe~sona~ representatnes, wocessors ot assgns of the ~espett~ve par~~es hereto.lMherever used. 1!~! s~ngula~ nu all it~tlude Me plural and the plu~al tAe s~ngular. aqd tAe of any genckr shall ittclude all genders. IN WITNESS WHEREOF, these m Aav xecuted on [he day and yex I~rst Ti . ~ ~ Sgne~f. sealed dN m t e W nc : ~ ~ ISEAU ~ ae D. ~ ~ ~ _ ISEALI tacey athi s ISEAL! ISEAU ~ v ~ ~ COUNTY OF M~RTIN . STATE OF FLORIDA MI~~ p.: ~ arch , ~s1$ or ~ The torego~ng ~nstrument was xknovNedged bttote me th~s ~ dsy o1 r ' . < ~ .a ` ~ NIATHIAS and STACEY MATAIAS, husband and wife, _ ~ f~~,~c ._~.c cf i;Lr,;a at L~ige. _ ~ My[OTT~ifWnlapvK ~1 4Y~l~i+~~~"'f~~Gi Yir4 ~O~ ~i~Y. ' . . a R Florida ~ 80~ ~ ~1~ ' Noary Pubiit. Suie of , . ~ ~~z • ~ ~ ~":q