HomeMy WebLinkAbout0891 ' S3448 -2 ' ~ ~
THIS MORTGAGE INDENTURE
E.K~~b 16 e.Y o~ November . A.D.. ~~18 . a~ ~~SS~
ROB$RT A.F. CLARK and SANDRA 3. CLARK, hueband aad wife,
(I~IIy OI IM I~ffl Pi11 (Mf~/tyI[N C~IIlO MOfl9i~O~I. 10 ~
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION
a corporuwn ~a~st~np undn ~M lawt ol ~M Uat~d Sul~s ol Am~ncs. pr~y ol IM wcond pa~~ fhe~aosl~M caf4d lM Aswcwlanl.
WITNESSETH. Thst la d~vM~ pood and vsluab4 consdnatwrn, ~nd to wcw~ ~he p~ym~nt ol ~M a~yrpa~~ wm ol nwe~y narr~f m ~M Wom~uo~y no~~ o~ eveo ~1.~e
Mrww~h, IW~~fN11N RMMi011ld. ~oqNA~. vatA mq~n~ ~hpwn s~?d all o~A« wm~ at mwwy Mcu~~d iM.wy ~ haew~~l~~. prw~d~d. tM Matyapoi dws g~an~, br.v+~n, sen,
al~n. remn~. conwy and conlNm un~o tM Aswus~~on, ie 1» s~mpl~, ~M follovn~p descr~b~d ~~sl e~u~~. ol wAKh iM Matyayo~ ~i now w~ied srxl ~,stintir.f .nu
acwM Po~+n~wn. u~wq ~n the Counry ol ?.St . Luci e . S~i~~ ol FbrKfa, I~yauy ~rc~. ~~~,s~t
raww~:
Lot 2, Block 516, of PORT 3T. LUCIE S~CTION 10, a aubdivision according to the
plat thereof recorded in Plat Book 12, Pages 49 and 49A through 49G, of the
PubZic Recorde of St. Lucie Couaty, Fl~rida.
SUBJ~CT TO restrictions and easemente of record.
TOGETHER vN~h all iaucwres aiW ~mprpr~nNna now and Aeralq. on s~d ix~d and ~h~ h,wr~ a~ucMd ~hM~~o. a1w ~oye~he. wi~A sll and s~npula. tM tenerner~~i,
her~ditsrewnts, ~asem~nts, r~psr~sn rqAts snd appurttnsnca tM.eun~o bNonqug, or in ~ny vmf~ appe~t~n~nq. srK1 tMe rentt, n+w+. and prol~ts t?~e.eol, snd ~1w ~U ~he esuu.
rght, utN. mtMM and NI clsims and d~m~xi~ wMtso~rN, a wNl in Isw as in sQuity, ot s~d Mortqapa in ~r?d to 1M same. +~d tw~r Px~ ami pucN tNereof, md alw au g~s
~nd eNcaic I~x?u.a, radu~ws. hest~n, ai~ cond~tbn+np Wuiprrnl. machinNY. baN.~, ~snpes. ~watws and motas, ba~hwbs, anks. wua c~o+e~s, wata bauM. p~pes.
tsuc~ts, snd otf~ plumbipq snd Mttaq fiafur~t, m~npls. nlrqN~~inp plsns snd iq bo:~s. window ac~~ens. ~cr~en doo~~, v~ti~n Wmds. stam sAuttas and swmngi. whKh
a~f noW Ot rt~iy hNNttN pfrt~n 10 Or b~ YNd YVidf, in a on ss~d p~misK. ~v~n eAougA ~MY ~ deached w dnxhabN. ar~ aM sAa11 bs d~e.rrd to be Ii. wrK snd xcsu~ons
to tM Inehold snd ~ pnt ol tM ~~slry. snd, il tl+~ abar~ d~strib~d poppty it ~qw or sha11 hNtatta be uted fa cwnm~rt~M pwpokt. ihen tM (u~niture snd lurmsh~n9s and
any rplae~m~ntf tlNtlol wh~eh miy D! OwrNd by IM Mwtq~gOr and whah x~ reow W may IyrNfIN b~ loealW upon tM abOV1 d~lCnb~d proparly
TO HAVE AND TO HOL~ ~he wn~, ~og~the~ w~th a11 tM ~stst~, nyh~, utk, meani, hortws~esd, dowe. and rght o~ dows~, sepa~att etut~, poss~ssan, da~m and
demand w1++~swv~r. ~n 1sw or in puity, ol uN ss~d Mptqapor ~n snd to :M sarne. and ewry pait tAe.wl, unro ~he ss,d Apotistion ~n I~e srnpN.
TAe N{wtypor hp~by toven~nts w~th tM Afsocialion that the Mort9apor if mddeas~Wy u~red Mnth ~ht atnoluq and I~t s~npl~ ut4 ro ~sid propertY. and has full power.
and bwlu~ suehor~~y m s~n. corww. trxnta and mo.ipip~ U~ ssr*w: ~hs~ i~ ~1 bc 4wful s~ ~ny ~~me hereal~a fa tlw Aswcis~ion ~o peacesbly snd quwUy ema ~MU+.
nsw. hold and tnpy ss~d Mope~tY. sM ~ve~y p~r~ thpeol: tAS~ ssid PropNtY is (re~ and dacl?sry~d Irom all I~ens. tncumb+ances. and cla~ms of ~ny kind. u~clud~ng uxa snd
sssesv~rntt, eKUpt tM Irn Mreot, wAicA is s lust lien on sald p.opa~y: ~Aa~ eM Mor~y~go. wi11 mske wch tw~her sswrsnc~s to pnl~ct tAe Ise simpk ~i~k io ss~d prope.~v
~n ~h~ As~ocaiwn ss msy resso~+ably b~ requir~d: snd tMt tAe Matg~gv~ doei he~~by lutly wxrsnt umo t1+~ AswNatan tM ti~k to said property and Mnll del~nd sxne
aga~nst 1M mwty~ye cla~ms and dtrtw~ds ol a11 qrsp~s wApmwe~rp.
NOW. THEREFOpE. the cw~diuon ol _ this mwty~ye is wM that if the Mat9a~go~ shNl we11 snd truly psy unio tlie Assocu~an, ~M ~ndebeafness
ev~denc~d M ihs~ cau~~ promissory no~e. ol ewn dste haewieh, enade by ~Ae Mortgspor and p~ysbN ~o ~he AffOtN110/1, in ~h~ Prmc.pal s~m
o} ~ItTY-SIX THOUSAND~ TIGHT HUNDRBD-----------------------------------OOLIARS
IS 46 ~ 8~0 . ~0 f. to~ther rnth ~o~nefl as tMre~n staqd. payaWt w~r a~am ot 348 ~nomhs, and sha11
pe.fo.m, canply nnth and abde by s~d~ and ewry the supulstans, sp.a~ments, condit~ons and covenants conU~ned and se~ forth a~ this matgage and ~n tAe prom~sswY note
secur~d haeby. ~h~n tAis mptg~ge and [he tsute Mreby erwbd fhs11 c~ue and be m,ll and vo,d.
ANO tM MortpsQa do~s Mr~py oov~nNK and aprN:
1 To WY sM snd s~rpulu th~ prncipN a+d w~tMpt snd otMr wms of mpwY Wri~ M vutu~ ot sad pom~ssory nou and chn mo.tp~p~. o. NtMr. promptly on
tM d~Ys ~~sp~ct~vMY tM Mm~ NNrsMy Wow~N du~
2 To p~y sN and srpulu tn~ t~cN. NMNm~na. otMr pown+m~nul bv~a. I~tws. oWpstans and u+cumDrsr~s ot evwy natur• on s~d d~scnb~d P~oqr1Y
an0 th~ relaud d~bt ~cqun~~bon Nch aid wMy wMn dw ~nd p~y~ON ~coadM+p to law. b~for~ thay b~com~ dN~nqwnt ~nd. ~1 tM sam~ shNl not b~ promptN
vsd. ths Assoc/atan may n ~ny tun~. «tlw b~ton a~ftK dMnquw~cy. Wy tM sur» anthout w~mnp a~tf~ctinp th~ opuon to fonclow. a ~ny rpht
hereunds?. a~d wsry p~rrtNnt so n~ ~fall D~ar int~rpt f~om th~ d~t~ tMrwi at tM rate ol bn pa wnt (107L) pN smum.
3 Th~t tM Mortpspw wr~ kNp all rpt ind p~rion~t prop~rty now or AHUfi~r McumWnd by tM 1»r? ot tMs matpp~ mwnd u may be rsq~nnd hom arr» Io
~ a~ t~me by the Assoaatan apnnst bss by fin. nnndatam and otMr huud~. uwNt~s ~nd conta~p~r~es tor wch p~rads and fa not kss tMn wch amounts ss
m+Y bs rpuwsd by tIN AssotNtan and to WY D~~P~h ~ dW ~N pnmwms.l0r suth msur~np. Matpapa prNS b d~kwr ~~Mw~l w r~pl~t~ment
~ polk,as of sr?y nature a r~plse~m~nt cKUficat~s of ~mur~nq to tM As#ociatwn. at Nast t~n 110? d+ys pnor ~o tM ~~cpn~uon a annnersuy dat~ d ths s¦~stup
m pd~ues The smoun•s o1 u~wr~p rpu~nd by th~ Asspp~t,o~ ahap p~ rn;n,mum amounts la whMCA sad ~nsuranu shalt b~ wntt~n and ~t sAaU bs u~cumD~nt
~ d upon ths Mnnpapor t~ mamWn socA ~Od~tqnN ~,r~nc~ as may b~ n~c~ssary to rnNt ~nd comply fuNy vr~th a~ oo-msur~nc~ rpuu~m~nts conta~rMd ~n sad
N~ Da~ws to [he ~nd thst sa~d Mortppa n not a oo-mwra chawrd~r. Imwr~+w shaN b~ wnn~ bY ~~~P+~Y p~~s ~PP~owd or d~s~pna~ed by tM
v M A~Nda+ anJ s!1 po6p~s ~nd nn~wah tMrwf shsM b~ hsld by tM Asfoaatbn /UI dsuel~d d~s~ynatans by tfr Matp~por wtreh srs ~eep~sd by tM
l r c+7 Auoustan and a11 syrNrn~na atvwen Mortp~por Md Assocyt~on rNat~r?p to nauranc~. now ~a~stmp a Mre~ltw mads. shad be m wnony and shsN b~ s 0~
;
f ~ eo ot tM mortyape ~e~m~nt u 1uNy ~s tAoupA s~t lorth wrb~dm Mrt~n and sMM pw~rn both psrtas Mnto and thw wcc~ssors snd ass+pns. No h~n upon any
~ t~ of sad poMc,ss of ~nwr~nc~ a upon u?y nfwW o~ ntum p~mwm which may E~ payabN on tM cancNlauon a tMm~nst~on tMrw~. sh~N b~ p~v~n to otlw th~n
- W O ~ tns Assoaatwn. ~,eept by prop~r ~ndws~m~nt affi~nd to such poMt.y ~nd ppov~d py th~ Assoe,suon. Eseh poleey o1 inwranu sh~Y haw affwd tt»reto •
F- ~p' ~ S~snds~d New Yat MatpapM Cbus~ wiUiout Contnbuuon. makinp aN bss a bas~s unds~ wch pobcy paysbl~ to th~ AssoaaUOn ~s 1ri r?urest rr?ry ~pp~u.
~ pp ~ In the ewnt sny wm a wms ol ma~r b~cor+» p~yabN tMrwndK. tA~ Aswwtion shaU hrn the optan a nctiw ~nd ~ppty tlr s~m~ on sccount af tM n•
I de~adrwss M.~by s~wnd. w to DMmit dw Matp~pa to r~w a+W us~ rt. a an~r part tMrwi. rnthout thsnby nrsimy or ~mpannp anY ~Wih. lwn d rpht
~ R unde~ and by virtw of Mis mortpp~ In w~nt d loss ot physic~l damp~ to tM matp~p~d Ptop~rtY. th~ Matppw sMN piw imm~dut~ rwtiu M~nol by m~l
to the Assocutan snd tM As~oci~tion may m~k~ proof d loss H tM sam~ a not mad~ PromWb bY tM Matppor. In fwnt o( la~clowr~ d Urs matpi~. a
~ ~ a 0 N othe? trans(er ol utle to tM mortp~p~d poqrty. m~xw~pwshrt~wt o4 th~ md~bqdn~ss s~wr~d Mr~Dy. ~II ~ipAt. uW and mbnst o1 tM Mortppor ~n and to
i - sny ~nwrince poMaes tMn n forc~ sh~M p~ss to tl» purchasa w pr~ntN. Th~ Mortpapa furtMr aprNS w~bd~ by tM ruNs ~nd uisUrp ~puUaoro d tM
0 Assoustwn. ~n corwNCtan with rpuv~d iowranc~ car~?p~ ot th~ proprty har«n ~ncwnb~rW -
I ~-3a ~ ~ ~
~ Rec•e~ved S fn Payment O~ . . , . - _ - _ _ . . . ~
. ~ , r- -
. Due On Ctass ••C•• Mtenplblep~ersor~slProDer ' _ . . ^ _ ~
ty~ il'..i ri ~ t i~ ~n'r 1
Pursuant To Chapter 71, 134, AGS Of 1971. . ~
RpGER POtiMB - ~ ' , - . ~ ( C~. ~ ~
~
d~rk Grcuic Ca,rt L~+dR Ca. !M. ~ ~
i -
~ -
4 Puspr~Ph t s~d Haw wh~eh bbw u~ ContMrNd on tM r~vMM s~d~ d ths nwripp~ uW by n(K~nq u~ ntppa~qd Ntto tM bodY M Mu matp~p~ ~
TF~t le~mf MO~t i
q~gor snd Aswaation, iM~ene~r used ~n thn ~nstrumen~, dull ~nclude tM he~~~. Perwnal ~eprwnu~nes, wccttfort o. a~sgns ol rhe r~~p[c~rve Pr~~es
~ereto. YMherera+ used, the sirgulsr number shall mc~udt tlx plursl snd the plursl ~he s+nyulsr, and tl~e uf~ ot +rw 9~nder shal~ wrclude a11 ypW~rs. -
IN WITNE55 REOF, tA~ pr~NS hM b~~ ~astuqd on tht day and year t~rit sbov~ wr tM. 2
~ dNrvered m tn e ol: -
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f STAYE Oi ~RYDA COUHTY OF_ ~~IN '
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Ti~a~taRqo~rq ~~s~ftiin~ft was acknaMeefged befwe me th~i----- dsy ol _
s ~ 16 No m Q~' ,,93$ a, ~ ~
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~ R4B~RT 'A`Z J 1~~ . CLARK and SANDRA ~ S. CLARK, husband n w f ~
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~ `~Ow O~ ROf~O d ~4'~ i
~ (1 + Q~ Notu•• ^ '~~le ot `
~ i~~ t.3~71 ~ taie.d b~? A~rican fl.. a ce.w~ry ta. ' ~
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