HomeMy WebLinkAbout0739 ~~5~~1 C-152A vmw
Loan No. 50~02-2
THIS MORTGAGE INDENTURE
F.«„~w ~n~~ //~.a.r oi AugUSt . A.o., t9 ?8, a, ,jp~yS SULLIVAN & KATHLEEN SULLIVA~ ~ h18
wife AND JSRRY R. JONES &~LLEN S. JON83, his wife
Pany ol ~M fi~st part lht~e~nattN ca~itd klort9ayorl. ~o
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~
a caporatwn e~~sung under tM Isvvs ot tht UnItW Sutts ol Arntr~ca, ps~ty ol the second ps~t (haanaf~N calkd tM Assocu~ronl. • =
YYITNESSETN, Ti~at fW d~s good an0 vsluaDlt cons~ut~at~o~t. and to setu~t ~he {~y.~w+.i .,t ~y:~y;;:~ ~pMy n~r! rr: i•^^*••~y ~x~M ~il ~wn~~ate ~
?+erew~~h, h~~sinslur men~~oned. ~og~~Mr w•~h u~~ernt [A~rwn s~x1 all o~h~. wms ot mon~y s~cvr~d he«by ss he,e,nsti~ prov~ded. ~he Ma?gagor cloes q~ant. ba~ya~n. seu, h
eiron, ~~m~t~. ~N~sy. convty an0 confum u~to tM Auocatan, m fK s~mp1~, ~ht tolbw~ng deur~hW rea~ esfsre. of wnKh ~Ae Ma~gaqw ~s ~ow se~tal and posseurd a~xl ~n
x~us1 ~wssessioo, utuatt ~n iM County ol . St . Ll1Cf e . Sta~e of F1a~ds. le9auy clesu~l,cvt t
as tollowt:
nnn~in~ina»m Darnal Nn, 2321 of CATAMARAN I, accordinq t0 th6
Declaration of Condominitun thereof, recorded in Official Records
Book 280, pages 1919 through 1986 of the Public Records of
St. Lucie County, Florida.
TOGETNER rw~h a11 strucwres and ~mp.owrn~nts now a~d Mreaf[p o~ sa~d Iand sncf Me hx~wes anxhed ~here~o, also toge~he. vm~A ill ~nd s~nqul~ tl~! tenemenls.
nereduxnentt, easements, r~pxun r~pAts and apqi~tenaness ~Mseu~to belong~ng, or in any w~se apperuin~rg, and ~he rents, ~uues, and p~ot~ts the~eot, and also all ~he estate.
~~gne, ~~tle. inter~st and all cla~ms and dert~ands wha~soever, as wNl in law as ~n equ~ty, ol sa~d Mort9a9w ~n and to ~Ae sarnc. and cvaY OM~ ~ Parcel the~eol, antf a~w ai1 gas
anA ekct~ic f~xtures, rodwtort, heate~s, a'a cond~twnirg puiprt~enl, mxMnery, bo~l~rs, rarw~ss,- Nevators and motors, bathtubs, s~nks, water clOSets, wate~ bx~ns, pipes,
~aucets, and otAer plumbing and heat~rg haw~es. rnan[els, retrg~raung plans and ~ce bo«es, r?~ndow ,creens, u~een doors, vene~wn bl~nds, stam shu~u~s aixf awn~nqs, wh~cn
;re nowr or rtyy herNitN peru~n to or be used vrith, ~n o~ on s~rd prern~szs. even though theY 6e detatAtd w detathabk. are and shall t~ decrt~ed to be t~xtu~es a~xf .xcesswns
io ~he ~reeAdd an~ a par~ 01 ~he realty, and, if ~he stipve descr,bsd proppty is raw w sha11 hereat~er be useA for comrnercul purposes, the~ tAe lurm~ure and ~u~ms~~nys aruf
dny ~M~aClTlntl fhQrl01 MA1~CA rtWy b! OYYf12d by fhQ ~pt~01 ~f1d Wh~N1 a/! nOW O~ flfay 11!!N}tN b! IOCi!!d UPOII th! aDOY! dtSC~~lIld M~ON~V-
TO HAVE ANO TO HOID the sart~e, tcgether nnth all tAe estate, nght, ufk, interest, homes[ead, do~ver arKf rght of dowe~, separate es[ate, posseuron, da~m and
demand whatsoevN, ~n law or in pu~ty, ol the ta~d Mdtga9o~ m and ~o the same, and every psrt rAer~f, unto tAe said Assacwtron m tee s,mple,
The Mortqaqor hereby coverants vwth the Auoc~at~on that tMe Ma~gagor ~s ~ndeteas~biy se~ted w~th the absolute and lee s~mple t~tk ~o sa~d DroPe~ly, and Ras fu11 powe~,
ancf lawtul authp~ty to setl, corwey. transte~ and mortgs9e :1~ same. ~nat ~t s~au oe ~awiui a~ anY ~in.r i~e~ee:.~ t,~s ,°,ts:,::a;:~z ~,y~!~!Y a.~ _a~..r~y .nr~. ~~~n.
nave, hold and en~oY sa~d prop~rty, and ¢very par~ ~Ae~eo1, thai sa~d prope~ty ii tree and d~uharged t~om all IKnt, encumAiances, and cla~ms ot any kind, ~~el~ding [a,es ancl
assessments, except ~he hen hereol, whKA ~s a fust I~en on sa~d prq~~y; thai ~he Mo~tyagor will make wch turther aswrances to pe~fKt che fee s~mple ~~~k to saKf prope.ty
n.he Assocwuon as may rexa~aWy be requued; and that thc Mo.tgagor does he~eby ~ully war~ant unto the Auocwuon fhe l~tle to sa~d prope•ty and w~ll cle}end same
+a~~nst the mortgage da~ms a~d dertw~ds ol all persons wApmsoeve~_
NOW. THEREFORE, the cond~uon o! tb~s mwtgage is wM ~haf d Me Mortya9or shall weU and uuly pay unto the Assoc~atan, the uxieb~edness -
ev~denced by tha? cer~mn promissory no~e, 01 even date Aer~v,th, macfe by ihe Mo~igagor ~ paysbk to the Assoc~atron, ~n ~Ae 0~~~~Pa~ wm
FOATY FIVE THOUSAND FIVE HUNDRSD and no/100---------------------------oo«AAs
~~S , 500 . 00 togeiher nnth mterest x there~n stated, payable over a tam of -------300 ,,,o,,,,,s. s,,,,,
oerform, comply vn~A and abde by each and everY the sUpulat~ons. agreemenis. cond~t~ons and carenants con~a~ned and set forth ~n ~Ms mor~gage and ~n the {xom~sso.y note
se:.ured hereby, the~ this mortgage arW the estate hereby created sholl cease arW pe nutl and vo~d.
AND ths Mongsgtx does hsrN?y covenant ~nd prp. -
f 7o pay a1t and su~gulsr 1M prmc~psl and mtersst ~nd othsr wms of monsy payaMe by v~rtus ot Sa~d p.om~ssory note and th~s mongape. w erther. promptly on
che Asys rospact~vsty tlk surN s~veraUy b~come dw.
2 To pay a1f and sir?gutu tns t~:ss, ass~ssrtNnts. otMr por~rnmsnia! lewes. Iab~ht,ss. oblpstwns and encumbnnces of every nature oe saW descnped property
end the relatsd debt acqws,twn Nch ~nd w~ry whM dW and paY~b10 ~tcwdmy t0 liW. batpe tMy becomb dsluquent snd. ~f ths s~ms shall not be promPtly
pa~d. ~ne Assocwtan may at eny ume. Ntt»r bNore a aRx d~tutiquaxy. p~y the same without wa~m~p a sHect~np tAs opcwn to toreclose. or any nyM
hereunder. and every p~yment ao msd~ sh~ll bear u~ts~sst from ths dst~ tMreof st the rate ot ten pe~ cent (109L) per snnum
T:~ 3 That the Mwtgagor vnd kssp all rsal snd ps~~l propsrty now a Aerssh~r encumD~rsd by ths 1~ of this mortype uuwetl as ma~ be rsquusd (rom ume to
t~me Dy tht Assoaatan aga~nst bss by fin. wenilsiam and o:Mr Fu:ards, ususluss snd contu~pe~?c~es (a wch psrrods ~nd tor not less tAan wch amounis as
may be ~equKed by ths Assoc~auon and to p~y promptly whsn dw aU prsnuums ta such uiwrance. Mwt9agor sy~aes to dslrvar ronswal w repl;cement
pdh.xs ot aMr natu?e or rsplaceme~t cernhcates o1 ~nw.ana to ihs Assocutan. st lssst tsn (101 Csys par to ths eapirsnon a snmvsrsary dats ot the e•~sung
, -,Z pol~aes The amoun•s or ~nsunnce rsqwnd Dy ths Assoc~atan shaU be mxwmum smounts tcr wMch sa~d msursncs shall bs wntten and ~t thaU be ~ncum~ent
upo~ the Mortgagor t~ rtwmt~in wch Wdrtqnal ~nwrsnce ~s may Ds necessary to mse( snd comply fully v~nth aU co-~nwnncs reqwrsmenu contsu~l ~n sa~d
po4ues to tne end [hat saW Monps9a is not a co-u~wror thersunder. Inwrance shall be wrrtten by a cornpsny or comparnes spprovsd or dw9natsd by the
j Assoc~atwn araf all poficies snd nnewals t1~so( s1yU b~ hsld by ths Assoc~atqn. AI1 detaded des~pnstans Dy ths Monyspw w?wch s?e sccepted by ~he
~ Auociatan and all ayreemsnu bstwNn Morty~por ~nd Association rslaurq to mwqnce, now exabn9 w hereahar msds, shaN bs ~n wnuny and shaU De a part
of thn mwtgage agreement ~s tuUy as thou~h sat fortA vsrbstim herNn and sty11 povsrn both p~rt~ss hereto and ths~r wecessors and a No Iron
O o! sad po6cies of inwrancs or upon any nfund or rotur~ emwm wMch ma bs ~ ~p~ any
P~ Y Wt/~~ ~ ths unce?lat~ a tamuwtan tl~sof. shsll be prven to other tAsn
~ u- the Assouatan. except by propK ~ndorssm~nt aH~aed to such poUcy uW approved by the Assoc~ation. Each po0cy of ~nsu.ence shsU have atfued thereto a
~ J Standard New Ywk Matyapse Clauss witAout Conu~butwn, msk~nQ s111oss w bases undsr wch pol~cy payabla to ths Assocwtan as ~ts mterest may appear
In the eveni any wm or wms of monsy bscoms p~y~bls thsrsundsr, ths Assoc~stan shall Mve the optron to recervs and spply ths sams on account ot the ~n-
~ ro~ debtedness hereby secured. or to p~rmit ths Mort~apor to ~scs~ve a/M use ~t. or a~ry part iherepf. vvilhout thereDy wa~hny w unpsmny sny equiry. I~en w nght
~ N under snd by vutua ot Mws mortgsye- In svent o/ bss p phys~cal d~msps to ths rtanpa9sd propsrty. the Morigs9or shau qrve ~mmsdw,te notice thereot by ms~1
_<t p to tl+e Assocatwn and ths /?ssoaation m~y rtuks proof oi loss ~ ths same is ~ot mads promptly by the Mortpayor. In event oi torsclowre oI thls mortgaye, a
- ofher transter of ntle to tha mortyapsd property, in e:tn+punhmsnt of 1M ~ndsbcedness secursd hereby. an npht. utb and ~mxsst of ths Mortpa~w m and to
~ ~ any ~nwrance pol~es then ~n force sh~ll psu to tha purchassr a prantee. TM Mortp~ya turther agrees to ab~de by the rutes and e:estufp ?egulat,ons o( fhe
_ 3~ / Auoaata~. in cau,ection with nquusd u~wrance covKSys oi ths poperty Aerem encumDersd.
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~ ~ Dus On C1ess "C' Intanpipls Pbrson~lArapsrt~l.
' i' ? ti; h+rsusnc 7o Chapcsr 71. 134. Acts 011871.
' . ROGER PQRAAS ~
- ~ CNrk Cira~it Cau~ SL L~+~d~. Co~. R~.
4 Pangrsph < and thoss whfch fdlow an contan~d on tM .wsrs~ sds d tMs mortpape u~d by referenoe ars ~ncorpaated ,nto the body of tlus mo.tysgs.
The terms Mo.t9agor and Assoaatron, whenev~. used m Uis ~nstrumem, shatl ~nclude ~fro FK,rs. pe~sonal repres~n~airves, wccessors or assgns of tAe ~especr~ve pa.rres
~rro~o_ YVherever used, tAe s~rx~u mbe. shyl ~nclude [he p~ural and ~he plural tt~e s~ngulx. x~d the use ot anv gender sA~11 ~nclude al1 g~r~n.
_ IN WITNESS YVHERE F. ese em~ses been e:ecuted o~ tl~e dsy and yeu tirst above written.
~~Kd, s~ated arW dNr ~ of: ^r
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~ riess sa to smes M. Su ivatt ~ Kat leen Su].li a~~ es u van ~sE"`~
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:~cn s s es u t een Su ivan a
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~ t ri o erry . o s en . Jonee e o ~senu
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itn sa as o Je y R. o ~ Ellen S. Jonea _ 1 n . ones ~
STATE OF OHI.O COUNTY OF
The Iwegwng ~nstrument vqs scknowltdgW btior~ me thef-11= dsy ot _ ALI~USt , 19?8 py ~ ~ ~
JAbiES M. SULLIVAN and KATHLESN SULLIVAN, his wife a
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