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Home My WebLink About2422 ~3rJ Loan #53741-2 ~ C~ /'1 C-272A mab THIS MORTGAGE INDENTURE Exetutedthit dayaf March •A•O••19 79x' JOHN L. KOPACK and PATRICIA A. KOPACK, his wife, iwrty of the hilt pert (hsreinaher called Mptgagal, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION e corporation existrrsg ursdN the Isws of tM United States of America, party of the second part Iherernalter called the Associatanl, WITNESSETH, That lor dwers good and vatusble consideratans, and ro secure the payment of the aggregate sum of money named m the promissory note of even datr herewith, hereinaftN mentioned, together with interest thereon and all OMer sums of money secured hereby as Hereinafter prOVirltd, the Mortgagor does yiant, baigern, sell, alien, rerrtrse, rekae, convey and conlum unto the Association, m tee sanpk, tM (ollowirsg described real estate, of which the Mortgagor is now sewed and possesse+i arxl m actaal possessan, siwate m the County of St. Lucie .State of Florida, legacy deSCriberl as follows: Condominium Parcel~No. 5338 of Golf Villas, a Condominium as per the Declaration of Condominium thereof, recorded in Official Records Book 302, Pages 1250 through 1326, all of the Public Records of St. Lucie County, Florida. TOGETHER rwth all stiucwres and irtsprovirments now and hereafter ors said land and the fixtures attached thereto, also together with all and singular the tenements, nereditsments, easements, riparian rights and appurterunces thereunto belonging, or in any wise appertaimrsg, and the rents, issues, and prolrts thereof, and alw au the estate, right, title, interest and all claims and demands whatsoever, as well m law x m equity, of said Mortgagor m and to the same. and every part and parcel thereof, and alw all gas and electric futures, radiators, Heaters, err cotsdiuoning egwpment, machinery, boilers, rarsges. elevators and motors, bathtubs, sinks, water closets, water balms, pipes, faucets, and other plumbing and heating tixtwK, mantcts, refrsgeratirsg plans and ice boxes, window ,i;reens, screens doors, venetian blinds, storm shutters and awninys, which .ire now or may heriralter per tam to a be used with, in or on said premises, even though they tie detachrtd or detachable, are and shall tse deemed to be fixtures aril asccess,ons to the freehold and a part of the realty, and, it the above described Property is now or shall hereafter be used for tommerual purposes, then the furmWre and Iwmshmgs and any replacements thereat which may b! owned by the Mortgagor arxt which are now or may hereafter be located upon the above described property. TO HAVE AND TO HOLD the same, together with alt the estate, right, title, interest homestead. dower and right of dower, separate estate, possession, claim and tfemarsd Whatsoever, to law Or inequity, of the said Mortgagor rn and to the sense, aril every pair thereof. unto the said AssocwtiOn in lee simple. The Mortgagor hereby covenants with the Association that the Mortgagor is indefeasibly seized with the absolute and fee simple title to said property, and fix full power, end lawful authority to sell, convey, uansler arid mortgage the same. that it shall be lawful at any time hereafter for the Association to peaceably and quietly enter upon, nave- held and enioy said property, and every part thereof: that said properly rs free and discharged from all Irene, encumtxances, and claims of any kind, rritludrng taxes and assessments, except the hen hereof, which rs a hrss ben ort said property, that the 6lortyagor will make wch fwther assurances to perfect the tee simple title to said property .n the Assocwtion as may reasonably be regwrerf, and that the Mortgagor does hereby fully warrant unto the Association the title to said property and will defend same ,.y,inst the mortgage claims and demands of all persons whomsoever. NOW. THEREFORE, the condition of tMs mortgage is wch that d the Mortgagor shall well and truly pay unto Me Association, the irsdebtectness e.~denced by Mat certain promissory note, of even date herewith, made !sy the Mortgagor and payable to the Associatmn, m the principal sum Thirty Nine Thousand Nine Hundred and No/100-------------~------- DOLLARS i ~ 3 9, 900 . ~0 1, together vwth interest as ttserem stated, payable over a term of 348 months, and shall i>erform, comply with and abide tsy each and every the stipulations, agreements, conditions and covenants contained and set forth m this mortgage and m the promissory note :a-ured hereby, then Mrs mortgage arsd the estate hereby created shall cease and be null and vord- AND the Mortgagor floes hereby covenant and agree: 1 To pay all and singular tfte principal and intsnst and other wins of money payable by virtue of said promissory note and this mortgage. or either. promptly on the days respectively the same severally become due 2 To pay all and singular the taxes. assessments. other governmental levies. hsbhties. obligations and encumbrarsces of every nature ort said described property and the related debt acgwptan each and every when due and payable according to law, betore they become debnquent and. d the same shall not be promptly pa+d, the Association may at arty time. either before or aher deHnqusncy. pay the same without wamrsg or aNetting the option to foreclose. or any right hereunder. and every payment so made shall bear interest fiom the date thereof at the rate of ten per cent 1117961 per annum 3 That the Mortgagor will keep all real and personal property now or txresher encumbered by the lien of tfsis rrartgage insured as may be requued from time to rime by the Association against bss by lire. windstorm and other hs:ards. cawalUes and contingerscies for wch periods and for not bss than wch amounts as .y may be required by the Association and to pay promptly when due all prsmwms.fa wch mwrancs Mortgagor agrees to deliver renewal or replacement i ~ ~ policies of any nature or replacement certificates of mwuncs to the Association. at least ten I1 OI days prior to the sxpuation or anniversary date of the existing - _ ~ policies The amoun•s of mwrancs regwrisd by the Assouation shall be mirnmum amounts for which sad insurance shall be written and rt shall be incumbent = 1 a, upon the Mortgagor to maintain such additansl mwrancs as may bs necossary to meet and comply fully with all co-insurance requirements contained in said ~ policies to the end that said Mortgagor is not a co-mwror thereunder. Inwrance shall be written by a company or comparnes approved or designated by the - ~ d Associatan arsJ all policies end renewals thereof shall bs held by the Association Alt detailed designations by the Mortgagor-which are accepted by the f _ ~ _ = M Association and alt agreements between Mortgagor and Assocutan relating to mwrarxe. now a:fisting w hereafter made. shall be in wribng end shall be a part f = M of this mortgage agreement as fully as ttwugh set forth verbatim herein and shall govern both parties hereto and their wccessors and assgns. No lien upon any _ ~ of said polieees of mwrancs or upon any refund or return premium which may be payable on the carxellation or termination thereof. shall be given to other than the Association. except by proper endorsement affixed to wch policy and approved by the Association. Each policy of mwrarsce ahatl have affixed thereto a 6 ~ p Standard New York Mo•tgagse Clause without Contribution. making all bas or bases under such policy payable to the Assouatan as its interest may appear I - ~ In the event any sum or wins of money become payable thereunder. the Assouation shall have the option to receive and apply the same on account of the in- debtedness hereby secured. or to permit the Mortgagor to receive and use rt. or any part thereof. without thereby waning a impa:rirsg any equity. ben or right ~ r ~ under and by virtue of this mortgage In event of bss or physical damage to the mortgaged property. the Mortgagor shall eve immediate ratio thereof by mail I J to the Association and the Association may make proof of loss if the same is not made promptly by the Mortgagor In event of foraclowre of this mortgage. a ~ ? .~-r other transfer of title to the mortgaged property. m extinguishment of the indebtedness secured hemby. all right. tub and interest of the Mortgagor in and to =Y_ Q ~ any rnwrance polices then in force shat) pass to the purchaser or grantee The Mortgagor further agrees to abide by the rules and existing regulations of the _ ssociation. m connection with regwred mwrancs coverage of the property herein encumbered. ~ ~ Q 5 pD 1 ~ Received S ~ 6 In Peytnent OI Taxes Due On Cla~~ "'C" Intangible Personal roperty, . pursuant To Chapte? 71, 134, Acts Of 1971. - ~ - ROGER POITRAS 94` - - Clerii Circuit Court, St. Lucie, CO., Fle. 4 Paragraph 4 and those which fdbw ass contained on the reverse side of this mortgage and by reference are irscorporated into the body of this mortgage s~ The terms Mortgagor and Association, whene-m used m this instrument, shall include the hens, personal representatives, wccesson or xsrgns of the respective parties hereto. Wherever used, the s:rsgular number shall include the plural and the plural the singular, and the use of any gender shall include all genders. ti IN WITNESS WHEREOF, these premises have been executed on the day and year first above wrinen- Sgned, seated and delivered rn the presence of: J ' -61,. 1 ~ " -ISEALI n ~ JOhn KOp . - r (SEAL) atricia A. K a k ='3 ISEALI (SEAL) STA~I~f~F. ~!~!Ly`S~V~IA COUNTY OF G'~- ~ ~ gyp. ~ ~ ,loregping jn/tlWttjrit wx acknowledged before me this ~ day of Mar eh 197 9 by JOHN L . 1 ~ KOPACK end PATRICIA A. KOPACK, his wife, ~ - ~ - ~N~R i ltitiyCOflMnrssiOnfxgriss- /r{Ir'~1"`• STri.~~j;,ri f:!?IQi?( Pl?f[flA.a r '~'L l r C<< < L Fl~tlS t0~1!:;;'::P, 6GC'cS CGUHFY ~ ' ~ wy CUA~:.t:SS•U'1 EArIR[S SE.~JotJr~„P~i& StaieaV'~ Pennsylvarifa Nfembi:r.Pitirl5y>,•'ria~~s~c~:':;nofNntzrie~ ~ ` 3~~r r 'i ~ 7