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HomeMy WebLinkAbout0592 ~~a~J'~~f j JC-237A ` kc ~ v TNIS MORTGAGE INDENTURE s3sio-2 E,ecu~ed th~s 7 sav o~ February , n.a.. ,s 79 . ~ RICHARD J. DANCSOK and MARY J. DANCSOK, husband and wife ~wrly ol Ih~ I~~tl {~1 IhH~~M11N cailld MO~Igigo~l. t0 CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~ cwpora~~on ex~st~ng urxle~ th~ Isws ol tM Um~ed S~a~es ol Amenca. pa~~y ol the srcaxl p.~t (ANe~nal~e~ calkd tAe Auoc~atwnl. WITNESSETH, TAa1 Iw drva~s good srd wluaW~ cons~de~al~ont, snd to secur~ tAt paynknt of tAe agg~e9a~e wm ol mrx~ey nartxcl m tne y~wn~sw+y no~r r~rn ~I~~r ne~eNn1A, htre~nstt~~ mem~oned. ~ogHha w•lh intt~eft thtreon ancf a11 o~hp wmt ot montV secu~ecf Aei~by as he~e~nal~„ prov~dM- the MMtqaqo~ does y~M~, W~4.~~n, selt, ,i~en, ~~m~w. ~eMase. convey and cunl~~m un~o ~M Assocu~wn. m I~e s~mpb. tM Idlovwnq ~scnWd real tstaq. ol wh~cA ~ht Matyaqw ~s nuw seuarl and ~x~su~sr~f .nwl m 3ctual possesfwn, s~luale rn tAe CoumY OI St. • LuCie , Slate ol Flo~~da, i..~yatly ~1rx~~t,r.1 as IoPOws~. Condominium Parcel No. 5121 of Golf Villas, a Condominium as per the Declaration of Condominium thereof, recorded in Offici~l Records Book 302, Pages 1250 through 1326, all of the Public Records of St. Lucie County, Florida. SUBJECT TO restrictions, easements and reservations of record. TOGETNER ~n~h au :vucw~es dM1 ~R~p~OVlfi1MK f10W dfld hlfN~1N oo sa~d Iaod ancl the hRtwrs attached ~nae~o, atso ~oge~he~~wun au end s~rguia~ the ~rrxmen~t, neredrtaments. easemtMS. npana~ nghts and appu~tensncls the~lunto bNong~ng, or m a~y w~sE apperta~nug, ancf Ihe rents, ~ssues. and p~ohts Iht~lOl, anJ alw ell ihr esidte, ~~yM. Utte. ~nte~est and all tla~ms and demsnds wAatsotver. as well ~n law x ~n cyu~ty, of sa~d Moitgago~ ~n and to the same, arxf eve~y pa~~ ar~ WecN tAe~eot, and e~su eli ydt nnA tlettnc fiatu~a, rad~atas, htaters, an cond~uamng eqwprt~eM, mach~nery, bwle~s, ranges, elevatws and motors, bathtubs, s~nks, wate~ closets, watcr bes~ns, p~pes, faucets, antf o~Ae~ plumb~ng and healing I~xtu~as, rtw~te~s, relrgnat~rg Dlans and ~ce Ao,ces, w~rxiow,~reens, sc~ee~ doors, venetia~ bl~nds, itwm tihu~te~s anA awn~nqs, wfi~ch ~~e nov. or may I~e~ealter perta~n to w be used w~th, in a on sa~d prem~ses, even though they be detached or detachaWe, art and sha11 be deerned to be I~Kiu~es and access~uris eo ~be IrceAad and a pa~t ol ~he ~ealty, and, d tbe above desa~bed P~ope~tY ~s noW or shall he~eatrcr be uud ~or commercial pwpous, tAen ~be Iwn~~ure arn) fwmsh~nyi and any ~~p{aceme~ts tAaeol wh~cA may be owned by the Mwtga9or and wh~ch are now o~ may Aerealte~ be located upon tAe abwe deur~tiecf P~~~~v- TO HAVE AND TO HOLD the sarne. ~oge~hr w~th a0 the estate, ngh~, utk, m~e~est, humes~ead, dowe~ and r~ght 01 c10wl~, Slpdral!lStatl, pOSSKS~on, de~m entl ~femantl wAittoe+re~. ~n law o~ in equ~ly. ot the sa~d Mortgagor and to tht.same. and eve~y pa~~ thereol, un~o ~he u~d Auocwuon m lee s~mpk. The Mortgagor hereby cwe~ts w~th tAe Auocwt~on that the Matgagor ~s ~ndeleas~bly u~zed w~tA ~Ae absolute and tee s~mple t~tk ~o said Prope~~y, and has ful~ power, .ind lawtul authon~y to sell, corney, transfer and mo~tgage tM1e same: ~~at u shaU tie lawlul at any ume he~ealter to. ~Ae Associahoo m peaceaWV a.u1 qu~eUy en~e~ u4wn. nave, nold and en~oy sa~d prope.ty, and every pa~t ~he~eot: tAat sa~d p~upe~ty ~f hee and d~uharg~d hom ail I~ens, entumb~~ncK, and tla~ms o~ any kmA, ~nclud~ng taxes and assesunents, e¦cep~ the I~e~ Aereol, wh~ch n a hrsl ben oo sa~d prope~tY. ~hat the Mw~yago~ wdl make such lur~he~ asw~ances to perfec~ the tee s~mp~e u~k to sa~A V~ope~ W ~n ~h6 Auoc~auon as may reascx~aMy be reyu~red. and tha~ ~he Mortgagor does Aaeby 1u11y wanani unto ~he Assocwt~on ~he ~~tle to saK1 p~opn W arxl w~~~ ~le~e~d wrne ,y,,~nst tAe mor~gage cla~ms and demands ol all pe~sons whomsoevl~. NUW, TNEHEFORE, tAe cond~twn ol thn mor~gage n wch tha~ d ihe Mort9ago~ shall well and trulv pav unto ~Ae Asux~a~~on, ihe ~ne1el~~e+fnrss r~~~fenced bY ~hst cer~a~n prom~swry note, of even daro Ae~ew~tA, made Ay tbe Mortqagor and payabte ~o tAe Assouat~on, ~n the p~~ru.~pa~ sum ---------~WENTY FIVS THOUSAND, FIFTY------------- DOLLARS ~s 25 ,050 . 00 1. ~oge~Me~ anth ~nte~est as Mere~n stated, payable ove. a ~e~m ol 300 m~~,~=. ~M~ S^a~~ ur~fo~m, comply rv~t~ and ab~de Iry each arW every Me s~~pulauons, a9'eemeots, coRdit~ons aoct covenams come~ned and set lor~h m tMs mu~ty.qe ere.1 ~n the p~om~isu~y note SPCUred AeietrY. ~hen ~h~s mo.tgage and the estate hereby cr~atecJ shall cease and he ~ull and vo~d. ANO the Mortgagor does hsrsbY cownam and ~~e I To pay all and s~ngular the pr~nwpsl and mtNest snd otMr wms of money paysble by v~rtue of sa~d prom~ssory note and tMS mwtgape. or e~ther, promptly on ine days respecnve~y ths sams sswrauy bscoms dua 2 To pay all and s~ngulsr tns taxss. ass~ssments. oiMr pOVernmenul lenes. I~aWht~es. obl~psiwns and encumbrances of evsry naturs on sa~d descr~bed proparty arxi the related debt acqws~twn esch ~nd svsry whsn due ~nd p~y~bM accwd~~p to bw. Defae theY becorne de~~n~+ent and. ~t t?is same shall not bs prompily pa~d. ehe Assoc~atron msy st any ams. s~thsr be(we w ~her del~nQusnc~r. pay tM same vnthoW waw~ng a aHecuny the opewn to foreclose. or any nght hereunder. and every paYment so m~ds sh~U b~~r ~ntswst from tM date tMrsol st the rste of te~ per cent (10%1 pe~ annum T 3 That the Mortgagor w~d keep al! rsal ~nd psrsonal propsrty rww a hersafter encumbered by the ben of tMs mortgage ~nwred as may Oe reVwred from n:ne to ;~me by ttx Assouatron ag~~nst lou by (~rs. vrmdstorm and other hsurds. casuslaes and conungencros for wch penods and iw not Iess than wch amoums as m may be reqw~ed by the Assoaat~on snd to D~Y D~omptly whsn due p~emwms fa wch msurance Mortysyor agrees to delner renewsl or replacement 0 ~ pd~ues ol any nawre w replacemsm certrfMates of ,nsurance ro the Auoc~atwn. st least ten I101 days W wr to the expratron a anrnversary date ot [he e¦~sung p pol~cies The amoums oi ~nwrsnca rsQwrsd by the AssocuUOn shall be m~mmum smounts (a wh~ch sad i~surance shall be wntte~ and rt sAal1 be ~rxumbem = Q N d upon the Mortgagor w mamts~n wch sdd~uonsl ~nwnncs ~s may bs necessary to meet and comdY tulty w~th all co-~nwrsnce rsqw~e~ts conta~ned ~n sad ~ Y M pohaes to the end that sad Mortpspor ~s not ~ co-mwrw thersunder ~nsursnce snsu be wntten by a company or compan~ss approved or ess~gnaeed br tne 'i M Assoaatan anJ aH pol~c~ss and nnewsls tMrsof shall be Mtd by the Assouatwn All deuikd des~gnatrons by the Mort9apor wMcA sro accepted by tne ~«l Assouatan and all agreemsnts bsMhsn Mortppa ~nd Assouatan rslaarp to ~nwr~nce. now sx~sung or herosher made. shau be m nnrt~ny and shau be a part j of tlus mo.tgage agreemsnt as fully u tAou91+ set forth vsrW t~m herNn and sha~~ pwe~~ both paraes hereto a~d the~r wccessors and sss+9ns. No Iren upon any ~ ~ oi sa~d pol~ues ot ~nwrance w upon any rs(und w roturn prem~um which may bs paY~ble on lhe cantefiet~on a termmatwn thereoi, sAaN be grven to other than ~ ~~D ~y the Assouatwn. eacept by popsr endo~sert+snt ~H~x~d to wch po6cy and spproved Dy the Assoaatron Each po6cy ol ~~xursnce shall have aH~xed thereto a E Standard New Vwk Mo•tga9ss Cliuse vntlwut Contnbuta~+. mduny all loss or lossss undsr such pol~cy payable to the Assoaatw~ as its interest may appear l In the event any sum w wms of monay bstom! pay~bb th'sreund~r. the Assoaatqn sh~lt hsve the opUOn to reterve and apply the ssms o~ account ot tlie m~ ~ , 3 rs debcedneu hereby securad. a to perm~t the Mwtyaya to recews and use rt. or smr Part thereol v~nlhout thereDy waw~rq o? ~mps~nrp any eqwty. hen a nght under and by v~rtue ot th~s mo~tgsge In event of loss a phys~cal damape w the mortpsped property. the Mongsya s?wll gne immsdiate not~ca tl~ereof by ma~l 't ~{~j ~ to the Assouation and the Assouatan may msks prool of loss d the same ~s rat msds pomptly by the Mortpsga ~n event o1 fo~ecbsure o~ tMs mortgage. or ~ other t~ansfer ot L[fe to tIM mOrtpiQed property. m lxt~npu~thmMt ot ths ~ndebtedness secured hereby. ali nght. utle and ~nterost of the Mortgapor ~n and to ? -!J any ~nwrance pot~ues then m fo~cs shall p~u to ths purch~ser a Qr~ntee The Mortpspor further agrees to abds by ihe rules a~+d eY~sunp regulatrons oi the ~ _ Assoc~atwn. ~n connectan rv~th requ~red uiw~s~ce cwenpe ot ths propsrty 1?srem encumbe~ed ~ . ~ _ _ ~ ~ ' MoM~ ~ ~ l G In Peymsnt Of Te~ ~ , - ~ a' { Ow On Ctesa ••C• ~Manp~le Pbraonsl Pr~np. ~ < ~ Ptxwant To Chapter 71. 134. Acts pf 1s71. - _ ~ ; ROGER PORAAS ~j1( ` ~ + Clerk Circu+t Ccurt, St. Lt•^~o. Co„ FI~, ~ ~ 4 Paragraph 4 and thoss wn~ch fWlow us co~u~nsd on t~e rererse sde d th~s mortpspe snd ~y roterence are ~ncwpo~atsd ~MO the body oi tlus mortga9e K ~ TAe te~ms Mortgagor anel Auoaabon, wMenevr usM ~n th~s ~nstrument, sAa11 ~nclude the heus, perso~al represematrves, wcceuors o~ dSSNjOS O~ th! ~tSpK~~~! DartKS ~•Nreto. Wherever used, the s~ngu~ar numbe~ sha11 ~nclude ~he p~u~a~ and tAe plu~al the s~ngular, a~d the use of any gender shall ~nclude a~l gende~s. ~ IN W17NESS WHEREOF, ~hese prem~ses have been e¦ecuted on me day and year hnt abcve wntten. ned, sealed and Ae~iver ~n the resencepl~ ~ / L ' ` ' ^ 1 • v~ ~-1 - - ISEAU ; ~ - R ~ ~ ' ~ . f i /~~~-+L~C_.-~ ~ ~ - - . ISEAL) R . ISEAII - ~ '3 - ISEALI ~t ~ 7 TT~. ~ STATE oF _ FLORIDA COUNTY OF~1~1S~S~I$ t: ' ~ ~ ~7A ~ ~ The faego~rg ~ns~rurtxnt was acknowl~dged befae me this daY ot _LTJlruarv • 191~_ bY ~ ~ ' RICHARD J. DANCSOK and MARY J. DANCSOK, usband and wife ~ / , ~ t:~ ` ~ . _ ~ L ~ ~ ~ ~ z My comm~sswn exp~.es - - . . - f Notx PuWic ate of _ aQRK 3U4 PAGE 5g2 Y ~°'.."Y,~z~,a;'~ ~ ~ S~T . 6 1990 ~ dC%NOfD THU (~'1'dAL ~.1A'OEx1a~1TFtS - - - - - ~~r . _ . ' ~ ~ K -