HomeMy WebLinkAbout0511 THIS MORTGAGE INDENTURE 1'"a" n" 1'~~ ' I
E.K„~ea ~n,. ~ur o+ July , n.o., i9 ?8. ov
James Newman and Barbara Newman, husband and wife ~~,'i3~~
~„~~y of ~Ae h~st par~ tAere~naltrr cafted hloregago~l. io
CHASE FEDERAL SA~INGS AND LOAN ASSOCIATION
cMpwu~on ~a~u~~g undN [ht lawf o! IM Un~ted St~~ss ol Ama/cs. pa~~y ol tAt ticco~l pai ~(hwt~~nal~e~ wlkd ~M Auocutwnl.
WITNESSETH, That lor drvers good snd vsiu~bl~ coni~dersuo~s, and w secwe ~Ae payment ot t1+e ay~regettr wm ot money narned ~ne p~om~sx,ry no~r ut rrrr~ ~i,,rr
~e~ev~nM, Ikre:naf~~. me~e~orrd, eop~~AS. w•th ~nterts~ ~htreon and a11 otAe~ wms ol money sKwed heieby x he~e~nalte~ provWed, ~he Matgago~ does y~a~~, l,a~ y.,~n, ;.•~I,
.,~~en, ~emise. ~Neast. conwY anq contum uMO the Assouauo~, ~n lee swnple. tM totlovwrg desu~hW r~al esuie, oi u,hKA ihe Matgago+ ~s nuw s~uaf a~r1 puase~s~.f .urf ~n
.,cn,a~ ~seuwn, a~wate m ~ne Ca,nty o~ ST • LUC I E . Su~e ot F~o~Kta. ~e~e~ty ~r~x~,t,r.~
,:+a~: Block 2, '
Lot 2,/Plat #1, BEAU RIVAGE, in accordance with the plat ~hereof
recorded in Plat Book 11, Page 24, public records of St. Lucie County,
Florida.
TOGE7HER w+th all strucwres snd improvsnknts now and Mrea1~N o~ said land anci the liatwes attxhed tl+e~eto, also ta~e~Ma w~~h atl and s~~gul,x ~he ~er,emen~s,
nered~[an~ts. essememi. npa~ian r~ghts ~nd a~pM~~teny~css tl~eunto belaw~ng, « in any wise apperu~n~rg. and thp rents. issues, and pro(~ts tAt~eol, and also a~l ~Ae eseaee,
nyAt, titlt. intt~est ind all tla~ms and demanOs wlfstsoerer, as well ~n law ss ~n equ~ty, 01 ssid Mortgago~ ~nsnd to the sank. and every part a~d pa~cel tAc~eol, and alw all gas
and elettric lixtwet. radwtws, AeatNS. sir conditioning equ~pment. mathintry. bpilers, ~anges. tlevalwt and motai, bathWbs, sinks. watb closets. water bas~ns. P/pes.
(aucets. and other plumbirg and 1~eatap f~aturrt. mantNs, relrgprsuny ylans snd ice boxes. window a~rt~ens. scr~ doors, ven~tun Winds.:~wm shuiurs u~d swmngs, whKA
ert nOW W rtNy 11l~N~tN ptr~iill t0 O~ b! USli1 With, m a on ssd premisesy even thwgh they be detxhed or cieuchable, art a~d sAall be deeRrcd ~o be fixwres and access~ons
to tl?e irethdd u?d a pa~t of the realty. and, if tM aDOVe described pop~ty ~s now or shall herealtt~ be used ta tw~une~tial purpp~s, then the 1urn~twe and lu~n~sh~ngs and
any replacetnentt tAlrW1 whKA may be owned by Ihe Mwtgagor and whith are ~qw or may hKei11N be locat~d upon the abpr~ d~sa~Ded poperlY-
TO HAV E AND TO HOCO the sart~e, cogethe. vrnth aft ~he esute, regM, ti~k. ~me.es~, homes~exl, dowe~ and righ? ol dowe., separace esa~e, possess~on, cla~m and
demsnd wh~tswver. m law w i~ puity. ol tM sa~d Mwtyagor in and to tAe saine. and every part tAer~ol, unto ths sa~d Assocatwn m fe~ sirnpk.
The Mortgapor h~r~by covenants with th! Assotut~on tAat the Mortqago~ is indefeasiWY seized with tAe absdute and tK ~le tilk to said p~operry. and hx tuU powe~,
and liwtul sucAori~y to se11, ~on„ey. trsnsfa snd mw~gape iAe same: ~ha~ ii s1?all be qwful at any hereat~~r fpr ~he Auocia~ion w pexeaWy and quie~ly eni~. upon.
have. hold and MWY ~d P~~~Y. ~~Y P~t tl?Keo1: tha~ said propt~H is lree and d~schxged Irom all IKns, tncumtxanees. and clarns ol any k~nd. mcluding u~es and
assesunenn, except the lie~ hereol, which is a first li~n on ssid pr~ty: tAat tl~e Mo«9agw will make such IurU~er aswr~nces to perleet Me IK simpk ~i~k ~o sa~d prope~ W
~n ~he Auoeiuion as m~y .easo~ably be roqu,rad: aod ~h» ihe Matgagor does he.eby futty wxran~ unca cAe Auociacan iAe ~itle ~o ss,d proper~y and vw11 de1Md san?e
age~nst tht ma~yage Ns~ms and dertwds of a1I person: r~A?omsoewr. .
NOW, THEREFORE. ~Ae cadition ot this moregage n wch thst il ihe Mwtgagor sna11 wN~ and truly pay unto ~AC Assodauon, ~he ~nefebiedness
er~denced by ths~ ceruin promiuory note, ot eren dste herewith, made by the Mor~gago. a~d payable to ~he Auocwtion. ~n tAe P~i~c~pal wm
SIXTY THOUSAND THftE~ HUNDRED and no/100----------------------------- pp~LARS
,s s0 , 300 . 00 togtthK vNth mterest as thaein ststed. payaWe o~ a~am ot 348 ~,h:. ~e
perforrt~, tomply nnth snd adde by eath and evKy the supulatio~s. agreanents, conditions and covensnts coota~ned and set fortA.n th~s mortgage and ~n ~he promissory note
secured herebY, then this mor~gage and th! tstst~ herebY ereatsd sl?all ctase and be null and void.
ANO ihs Mortpspw do~s h~~bY cown~nt uW prw:
1 To WY aN snd a~npulu tM principN ~nd ~nt~nst ~nd otl+K wms ot mo~rY WYaWe b'V v~rtw of sa~d WomasorY raca and tA~s monpsps. a srther. pomptly on
ths days nspectiv~ly tM san» s~wnMy b~oonM dw.
2 To psy ap and sinqdar iM t~p. ~ts. OtI+K ywwnm~nbl hvi~s.l~aD~4tas. obip~tions and sncumbwnces of evsry natws on s~~d descnbed propsrty
and the rslstsd d~bt soQuiation Nd~ ~nd ~wrY wlwn dN and WYsbl~ aawd~np to law, bstaa tAsY b~com~ d~hnQu~?t snd. it th~ ssm~ sh~p not b~ D~omP~Y
• psd. the Assac~ation may ~t any tims. atMr b~fon o~ ~ftK ddw?qu~ncy. pay ths sams rnthout wsrvr~p w ~Heetug ths optwn to (ascbse. o~ anY npM
Asreunder, snd wsry psy~n~nt ao m~ shaY D~u nt~r~st hom tM date thMwf at ths rats d tsn psr cent (10'X~ psr ~nnum
3 That the MortQsyw wW kesp iB rNl ~nd p~rsoryl propaty ~pw pr hKeaha ancumbe?sd by ths litn ot th~s matppe u+wrsd as msy bs requued Irom ame to
~ T pp ume by the Auociatan ysMSt bss by fin. winastam ~rd othsr h~zards. casualuss ar+d co~tu?psne~es fo~ such psnods and tor rat kss thart wch amounts s's
t3 n+av De rayuaad by ths Associstion and to PiY A?~vtb rvMn dw s11 prsmwms fa sucA mwrancs Mort9sp« apre~s w dsuw~ renswal w replacemem
m pobues ol any naturs or nplat~m~nt cKtificat~s of insursnt~ to tM AssoGatan. at INSt ten (101 days 1x~w to the supuaUOn o~ annvsnsry dats of the ea~surq
pohciss 1he amouMS o( ~nwranos rpuN~d by tAe /lssoaation sh~U Ds rtwn~mum smounts ta whch s~~d i~wr~np sh~B ba wrmM snd it shall be mcumbent
u Q O~ upon the Mortpa9a t~ msinUm such Wditional ir?sur~nq ~s rt?ay b~ rnqssary to mNt and comply fully vnth aN co-inwrsncs rsq~nremsnts oontaw~sd m sad
a~ M poUues to the end tl+~t said Matpspor is not ~ oo-insuror tMreund~r. Insurancs shaU D~ wripsn by a comp~rry or oomps~wss approvbd a dssignsted by the
Assocutwn aro1 sM pofici~s and nn~wab thawt sMN b~ Mld by tM Assocwt~a?- A11 deuded d~s~pnata~s by ths Mortpsyor which sn accepted by the
~ M Assoc~atan snd a11 sgrssm~nts bstwsen Mortp~pa and Assouation rsiatwp to ~~wanu. raw e:atu~p a hersahsr n?sds. shs11 be in vrriuny ard shsq bs a part
o~ thn mwtgag~ a9reeme~t ss IuNy ~s thouyh s~t tath v~rb~tim heran a~d sAaN pwMn both puties hsreto and their wcaswn snd sss~9ns. No 4en upon a~Y
:~1 O'a.. of sa~d Pd~t~es oi ~nwqnce or uP~ MY retund or r~tum prsm~um wfMCh may bs WY~s oti ths CuKel4twn or tsrmination thereof. sh~tl bs y~var~ to other than
_ O ~he Assx~ation. excspt by prop~r w~doasm~nt ~ffix~d to wch policy srwd approwd by tM Associ~tio~. Esch po6cy o~ i~sunnce shaN hsvs aifuced thxato a
~=r ~ ti Stands?d New Yak Mo-tpaqN Clsuss without Contnbutqn. m~lunp sN bss a bssss wWsr wch pdicy paysbls to ths Assoaauon as its intarest may ap~ea+.
tn the eventany sum u sums of mawy Wcort~s piysDls MNSUnd~r. Ms AssocisUOn sASN h~w tl~e optwn to reteive snd spply the sams on accoum of thp ~n-
a~ 'tr debtsdness hersby secured. w to D~t tM Mortp~yor to r~csiw and use n. or ~nY Psn tM.sof. w+thout thereby waivirp or ~mPSUmD anlr equrty. Msn w?pht
O 3 ~ undes and by nrtue ot this mortgspe. ln twot of bsa a pAysical damsp~ to ths mortWpsd DropertY. tns Mortpapa shsN qns ~mmediste noucs thsreof by ms~l
to the Aswc~st~a+ snd tM Aswcistion may maks proof ot bss ~1 tM s~ms ~s not mads promptly by the Monyspor. In event oi foredown d th~s rtartpps. a
" Q Q~ other trnnter of title to ths mortyap~d propwty. in ~ntmpnishmsnt of the s~debtsdn~ss sewred Aereby. ~N nght uUs and nterest of ths Mortpsgor in snd to
~ - atryr muxance poGaes t1w~ in torc~ shaq piss to tM Dwch~s~r a~r~nt«. Ths Matp~por tu?eAer sgrsss to sb~ds by tAs nrtss snd s~ustinp repulsta~s ot ihe
O Auoc~sdon. m oo~x~sctian vinM rpuKSd ir~sur~nw towrp~ o~ th~ propsrty Mnn sncurnbsred.
~ ~ d
. _ , . f [ - - ~ i_ ~ = . _ . 1 n.ah~ee ~ 1-~-~ ~ ~ m Pa~nne~K Ot Taiow
~ ~ ' r:. C~ i~ 1. w' • ' C . r'.. . ~ ~ i/Y0 V~~ Wa.~ r•C~ ~~1t~~~~~~`
~ : . _ . . ' _ ' . _ ' " ~
. . ` : v"`, - ~ 1 ~ursuern To Chaoter 7t .134,
~:r ~ ~ M~s~Of 1~7
C - U ~ ' - . ; - . . . : O. 4 ~ ROGER POIIRAS , .
1' ~ c~e•~ cncuA c~~,•i, st. ~ucie, co., Aa.`?
4 Pang?sph 4 ~nd tlwss wtith lo4ow ih Ca+t~uwd on tM rwene sids of tMs mortpays snd by rtfer~nce an u?corDast~d u~to tM botly ol tlrs moripsye.
The ttrms Mptgago~ and Assocutwn, whenrrer used ~n Mn ~ns~rwnen~, shall include [he heirs. personsl represenutnes, wcoessors or usgn~ ol ~h~ respec~we parties
hereto. p usad, the f~ nymber shall indude the plural and ~he plursl the twgutar, xW tA! use of any gendp shyl entlude all gendtr=.
IN W SS NMEREOF, premisss Asve be~~ executed on tAt day and yex first abov~ tten.
S , seNed and dNiver n the p~esa~ce of:
,
- ISEAl1
es e~~nnan
,
~ E CLL li~ c~. u- ~s~Au
, / Witness of Barbaragarbara New~an
N xman' s s i ature ~ ts~Au
Witness of Barbara
~
' ure (SEAL)
_ • ~
sTATE pu~-~R•IDA couNrv oF MARTIN
T/: ~ ~r~~-~~7~v~
Me ~oieQom9 ieujl4aMt was ackrwnA~dged betae me Mn ~ day ot _ , 19. ~Ln by
L. . • ~
. ~~~~tl1.~; .~~USBS _NEWMANI • ~a, ;t. ~
- . e . I:$~. -
^ 'C:~i; _ . r...o d~ IENOER
' ,v ~ ~ . 1~~ • .,1 _ ` ~ 1 \ r
~4/y ColnAdssRfi~ ttq/rd2 _ 4`-' `Tl _ \ ~ '~~~C ~ ` - a-
.
~ Noury Public, State ol Flori da
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