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HomeMy WebLinkAbout0457 ~Tw• M~ 53814-2 ~ / TNIS MORTGAGE INDENTURE t.K„~.~ 9 day o~ February , n.o.. ~»?8 , a THA~~3 BUILD$RS~ INC., a Florida Corporation Wr1V OI ~M hrtl pa~~ lhernn+he. catNd Ma~9~~1. ~o ~ CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a cwpaat~on ex~sung umfe. tM Iawsot th~ U~~ud Su~a ol Aroe~Ka. ps~~y ol tM secorw pa~t Ihe«~~al~e~ caikd tAa Auocutwnl. WITNESSETH, Tha~ tw d~vNS good ~nd vslwWe cons~dc+a~wm. a~d ~o sKUre ~he pay~ne~t ol tAe agg~egate wm of rtwn~y narr~l m tAe Wan~sso~y ~w~r u1 rvrn ~I.,~r ncrew~th, M~eu?alte• ment~wkvl. toyelAer vwth ~~terttl ~Apeon and all othp wrtn ol moMY sKUr~d I~eby sf he~~u~sl~a pw~t1. ~he Ma~gayu~ dues g~an~, b.n~w•~~, s~•11, ai~en, r~m~s~. rtl~ase. convty and coni~im unto tM AuocNUOn. ii+ fe~ i~rtpN. tM IolloNnng d~sc~~b~d real esu~e. ol wtucA tAe Matyagw ~t now uueA anU {wsussr~l ..~rl ~c~a~ posseu~on. i~iw~~ m ih~ Counry o1 $t . Lucie . . S~a~eo~ F~~~~a. ~uv ~tr,.~,~,~~ ~aww~: Lot 4, Block SOUTH PORT ST. LUCIS~ UNIT FIV$, according to the - plat ~hereof as recorded in Plat Book 14, Pa~es 12,~12A thru 12G, of the Public Records of St. Lucie County, Florida. SUBJ~CT TO easements and restrictions of record. i TOGETHER with all strucWros xd ~mprowrt~en~s ^ow ~d ~+erWftp on sa~d Isnd ancf the tiawres a~txhed thnNO. also toge~ha~ w~th all and s~ngular the ~enements. nered~~xne~ts. easamems, ripr~an .gAts snd aVPu~tensnca thereumo b~o~7n9. w in sny rws~ aPP~~uinirg, snd the rents. nsues. and Profin tMreo~, and also au ~he n~au, ngnt, title. intsrest and s11 cWims snd dert~ands wl+atso~ver. ss wdl in Isw as ~n equity, ot ss~d Mat9aga in and to tM sxne. and eve~Y P~t ~ W~~ ~~~1, and also ac1 gas w a~d elecirie fi~tur~s, rsda~on. hean.s. air condi~ionirg ~Wupne~4 rtucAioery. boilcrs. ~arges. ekvaiors and mo~ors. bath~ubs. sinks. vwte~ claets. wa~a bas~M. Wpes. Iauce~s, and o~he. Plumbiny and hesuny tix~uns. msmNs. nhgew~inp plsns and iee bo:es, v~nodow acree~s. saeen dows. wne» W~nds. stwm shuue~s and awmngs, whKh s are now Or rt?iy hl~N1tN pptHn t0 O~ b! ~fld vhth, in a on said pe~mxs. eren ~Aough tneY be deix?~ed d~~'u'~. a`e ~"d s~?a~l be d~emed ~o be 1~=wr~s a~d xceu~wu to the treel?old snd s parl ol Ihe realtY. and. aI lM! iDO11Q dlfC~~dld PrOpl~tY K 1qw a Shi~l AtlNltl~ b! UfQd IOf COfM1lfC1il pt1~DOtQf. ihen t1~e Iwoilure and lurmsA~ngs and any repUtements tAereot whrc!? may be ownad bY tM Matgagw snd rMnd+ a~e ~ww o~ m+11 he~taf ~er be located uPon ~M abore des~nbed W aM«Y• cta~m and TO HAVE AND TO HOLa the san+e. ~ogetM. nnth a11 ~I+e es[att, .gh~. u~k, m~e~a~. nornestead. dowe. and ngh~ of dowa• sePx e esute, P~~ cfcmand yrhstsotver. in Isw a in puity. of the said Mwtytyor in and to the same. a~d ere~Y Prt thereol, untd tlie sa~d Atsotiation ~n tte sirnple. The Mwtgagc?r Apeby covenants w~M tM Association that the Mortgayor is ~odstcas~dy seuM nnth tAe absolute u+d lee simp4 tit4 to sad p~ope~tY. and has Iu11 power. and lawlul au1Fw~~ty t0 sNl, tonvey. transter and mw[gage Ihe saine. thal it shall Dc lawlul it any ume herNltH Ip the /lssouatio~ t0 peaceaWY ~nd Wrct1y MtH upon. have. hold and e~1oY ss~d property. ind t~e~1~ Pxt therNt: that said property is Iree and d~scharged Irom all I~ens, encumbrancas. and clsims of any kind, intluding uxs and asusunenn, excep~ ~he I~en hereot, which is s f'uu lien on sad prope«Y: ~~t Mwtga9or w~11 make wch Iwiha aswrances ~o perlcc~ t1~e tee s+rtipk ~iile w said prope~~Y ~n the Assotiatwn ss may reasonaWy be requved: xd tAat the Mortgago~ does he~ebY tutly wxrant unto the Associat~o~ tAe ~ilk ~o said pooerty and will delcnd sarne age~nst tM matgage tla~ms u+d dcnw+ds o~ ?~1 Persons wha~we~. NOW, THEREFORE, tAe conditio~ ol this mortgage is such tlw~ ~1 t1?e ~w~9~9o~. ~«uly pay unto ~he Auotiatqn, tfie ~ndeb~ed~ess e,,,d~nced by thst cau~n promiuo?y note. ot aven date he~ew~th, msde bY tM ~tgagor ~ and WY~ to the Assoeiatan, the pr~ncpal wm ~,-------FORTY-FIVS THOUSAND~ SIX HUNDRSD---------------- DOllARS is 45 , 600 . 00 ~,co9ane. ~~n ~~~K~~ ~ ~n«~~~:u~ea, wr~we o~. a ~Nm oi 348 ~+~n:. ~e ~~i perfwm, comp~y nnth and ab~de by esch and eye~Y the stipulations. ag/eements. conditio~s and cove~ts conta~ned and ut fortA in ~Ais mwtgage and ~n the promnswv note secured hereby. the~ Mis mrntqage and ths aute AercbY created shall csas~ and be ~ult and vo~d. AND the Mortgspw do~s hw~bY oov~n~n~ ~^4 ~N: t- To WY sM snd smgubr ths P~P~1 ~nd inta~st ~nd otM~ wms ot moneY WY~ M v~rtw ot sad prom~ssorY note and tlrs monpsps. or e'thsr. P~~P~h ~ the dsys rss~tt~vely tM aaiM sr+rMaMy b~cort» dw- 2 To psy aM srd s~npu~u tn~ tu~s. asfa~ts. oth~ pov~rnrr~snul laties. ~ab~t~ss. oWp+tans snd ~ncumbraoc~s of svery ~sturs o~ sa~d descnbsd P~oD°n~. and ths relsted debt scquaition each and ~w+Y wl~ dw ~nd piWWs ~ccordnp to law. bsfore they bscome dsl~nqus~t and. ~t tlr ssms shaN not b~ p~omPtM pad. the Auociation may st ~mt urtN. «tMr DNors w~hK dMr+4~~%Y• WY ths sarn~ nnthout wsrvinp or sNxtinp ths cPtion to torocbse. a any nyht hereundsr. srd ewry p~lrtnMt so m~ sMN bs~r mt~rut f~om tM d~ts thsrwl ~t the rate of ten per tent (10%) ps~ a~+m 3 That the Mortgsgor vnN kssp aH nal ~nd psrso~al prope~ty raw a hereahs~ Mwmbsrsd by ths I~ar? ot this mortpspe wuwed as msY a requued from nme to dme by ths Assoustan sps~nst bsc by fu~. w~ndstorm and other ha:ards. uswh~ss s~d oomuipenc~es fa such panods a~d to~ not Mss ths~ such amounts as mav ~ requued b1~ ihs Assocution snd to W i v~omPW wnsn dw ~u prertwums ta wch u~wranos. Mortpapor syrses to dMrver ~a+swsl or reptscemsm pdK~es of any nsturs orrepl~umsnt cKUfiutss o( insiu~nce to tAs Assoc~ata~. ~t Iesst te~ (10) dsYS D~wr to ths s~ntan a anrwversuY d~te of the ea~s[up ~ ~ potic~es The amoun•s of u~w~anos rspuired M tM Assoc~stan sh~ll bs m~mmum smounu fa wluch sad ~~wrance sAaN bs wntten snd it shad be mcumbsnt - d' upon ths Mongapw t~ msinuin such sdd~ua+N ~~ursnce ~s msy b~ ~ecsssary to mset ~nd comp~Y tuNY vr~th sN co•~nwr~~cs rspwremsnts co~tauisd i~ sad { v~ ~ adKros ro che end inst sad M«typa a not ~ aru?wr« ct~reunds.. Inwrsnos shau bs wnnen bY s oo^+Mm o? comps~~ss avP~~ a~^+ted br ~he ~ ~,ry Assocwtan anJ aU Dohciss s~d ronswals tMreof sfuY bs Mld M tM Associ~tion. Aq detselsd des~yn~tions by t1+a Mortpapa which sro ~cceDtsd by the - M Associatwn ~nd aB sgrssmsnts bstv+Nn Matppa ~nd AssocuUOn rsl~tu+p to mwrsncs. raw e:~strt+p or hereaftsr n+xk. sha110~ in wr~Unp srd sh~p be a part of ih~s mortgage agre~mM?t ss tuMy ~s tAaqh sat fatA vNb~tim hsr~in ~nd sh~N pov~rn both psrt~ss hereto srd ths~ successon s~d assipns- Not~? uPa+ a~Y of sad pobc~ss of inwrsnce or upw+ +oY nfi+nd a ntum premwm which may be WYaWs o^ chs ca^~~ti°^ <~'^~tiO° ~°°f. shsY bs ~iven to othsr than ~ L ~ 0 the Assocutwn. e:ceDt bY D~~ ~~msnt afRued to wch PdK.Y +nd spproved bY the Auoc~stan. Esch poGclr of insunnce shsN hsve aKusd thereto s . ' ~ e~ iy, Sta~dud New York Mwtpsp~s Clsus~ wiMout Conuibutwo. maki~p aN bss a bsses undsr wch P~Y PeYabls to ihs Associatwn ss its intsrost may appear- i ~:O In the event any sum a wms ot ma~ay b~coms WYabls tM~w^der. tM Ass°cut'°^ shsu have ths option to receivs snd apply the sams on sccount ot the in- deDteAness herebY setured. or to psrrtrt ths Mortpapa to rete~w st+d us~ it a sny put theroof. without tAereby wa~w~p a~mPa~nnp srtY squrtY. l~s^ a rpht ~ ~ to the ~AssOUStion and M Assoaadon mar mslce p~oot d b ~it t1 is not ~ P~~Pt~Y bY the Mortp~ In~evs ot forsclosuter~ of c~his mortgags- a _ s 0 N other tnnsfer of titls to tM mortp~p~d ProPMY• ext~~pu~sArn~nt of ths ind~btsdness secursd ha+sbY. an nyht. atk a~d interest of ths Mwtpapor in and to ~ - a~y ~nwrance po4aes thet? in forte sh~M psss to tM P~+rch~ssr w p?~ntee. Ths Mortpspa lurthe~ sgrses to sbde bY ths ruNs srd axistuq reyulstans ot the ~ ~ ~ Auocwbon. ~n wmection with rpuK~d u~wr~nq cow~p~ 01 tM P~~tY hsrMn encumbered- r- ~ n- . • i ~ " ' _ J . I ~ _ ' ` ~V ! r ~ ~ ~ - - + ! i~QCaiVEd 9 / ~fl - wi . ~ ~y11iM1t ~ TIbC!! lJ v! . _ • ' ~ ~ ~ n ~ Due On Class ..C.. fntangiblePsrsorlNprop~riy. " Pu~suarn To Chapter 71, 134. ACts Qf 1871. - - - - ~ ROGER POITRASc~-~C . ~ c'~e•r C~rcu~t Court,_ St. Lucie, Co., Fli. 4 Pangnph 4 and those which toMow ~n oonumsd on tM nv~ne sde d tlrs mortppe ~+d bY nference sro Moo~Po?stsd ~nto tM body ot tlws mwt9spe. ~ Tl~e terms Mortgagor and AssoNat~a+, whentve~ used in thn ~nstrwnent, sAa11 ~nNude the he~rs, perswu~ represenUtives, waessun or sss~9ns ol the rt~pet'.1nre p~a.ues hereto. MTerever ufed, the s~ngular number sha~l ~nclude the dural and the plural the sii~gulx, and tAe use of anY oe~der sAa11 include all genders. J: 1.;. IN WITNESS MVHEREOF, these p~emises have b~M e:etut~d on tAe dsy arW yex tirst abw~ v~w~ttea. • Sgned. sealed and dNrve~eo ~o tne D~esence ot: ' ~ : J _ti • ~ ' ~ ~l ,~,u • THAbiES UILDSRS INC . ~Aa.~~ : _ ' 1 ~ ~ g ~N"'`~ , _ ~ ~ F- Y~ - ~ as President ~ - ~ . ~ ' - f .i .~sc-~?u . ~ BSRNI$ THAbiES.__, ~ , . .•F'~ ~ ~ :.S ~c: ~sewu ~ ~ , uAp~ ~ ;~uKi; STATE OF FLORIDA COUNTY OF +~F I~ \~'~~F ~ 9` Febru~ry , ~9ZR br ~ ~ The fo.ego~rg ~nsuumen~ wx xknowled9ed belwe me ~h~s_- o( - ~ ~ BERNIB THAMLS, as President of THAM$S BUILDS~tS~, .INC. and _ ~;";'c+C ~ individually ~ :~s ; ' ~ ~~Y ?Y~Y~ AA~ ~ ~ ~ ~ ~ Cl/~_ L r~t r ~ ~ ~ ~ . My comm~ssion expu~s ~ - = : ~ if~A! G~K NS. t~Ml1TE~S `n , ` ' ~ Y L~Zt~~ ':y, ~~•r...a~~~t,_~. ^ ~ Notx Public. Sute ot ^Fj-~r.,~ ' r 9~(I!f ~+f . t- r.., _ - - - - - ~ ~ ~ F_z _ ~ s~' ~ ~»c;,r ~ ~ .