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Home My WebLink About1297 ~ C -284A kc ' THIS 1VIORTGAGE INDENTURE ~ 53959 -2 Executed this Z 3 day of I?~arch , A.O.. 19 ?9 , by HAROLD xxvrsEN, unmarried 4:39bi66 party of tM first pert (hereinafter called fiAortgagesl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corporation exrstirsg under tM laws of the Umtad States of America, perry of the second part Iheresr?eltar tailed tM Association), WITNESSETH, TMt for divers good and velusble considerations, end to secure tM payment of tM apprsgite sum of maroy named n the promissory note of even date herewith, hereinafter mentioned, togetMr witA interest thereon and all other sums of money securtd hereby u hereinafter provdtd, tM Mortgagor does grant, bargain, sell, aliM, remise. release, convey and conlirm unto the Association, in fee sirrsple, tM tdlowing described real estate. of which the Mortgages is now sewed and possessed and m actual poseessan, sitwte in the County of $t . Lucie ,State of Florida, legally described aafdbws: Condominium Parcel No. 5214 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. SUBJECT TO reservations, easements and restrictions of record.' TOGETHER with all structures and imprownsents now end hereafter on said land and the fixtures attad?ed thereto, also together with all end srrrgular the tenements, hereditarrser?ts, easements, riparrarr rights end appurtersarsees thereunto belessging, es in any wise appertaining, end the rents, isssres, and petits thereof, and also an the estate, right, title, interest and als corms and danwds whatsoever, of wall in law as in equity, 01 said Mortgagor in and to the same, end every part and parcel thereol, and also all gas and elettrit fixtures, radiators, heaters, air corsditionirg ttquipmtnt, msthinery, boilers, ranges, elevators srd motors, bathtubs, sinks, water closets, water basins, pipes, faucets, and other plumdrtg and heatirvJ fixtures„ mantels, nfrgeratirsg glens and ice boxes, window acrlens, sneers doors, venetian blinds, storm shunps and awnings, which are raw or may frereateer pertain to es be used with, in a on said premises, even though they be detached es detachable, era and shall be deemed to 6e fixtures and accessions to the fraehotd and a part of the realty, srd. it the above described property K now es shall lereafter be used tes corrsrrsercial purposes, then the furniture and furnrsh.ngs and any replacerrsersts thereof which may be owned by tM Mortgagor end which are now es may hpeafter be located upon the above described poperty. TO NAVE AND TO HOLD the same, together with all the estate, right, silk, intpest, homestead, dower and right of dower, separate estate, possession, claim and demand whatsoever, in Isw es in equity, of the said Mortgages in and to the same, and every part thereof, unto tM said Association in fee sbrsple. The Mortgagor hereby covenants with tM Association that the Mortgagor is indefeasibly seized with the absdute and tee sirrsple tick to card property, and has toy power, and lawful authority to sell, convey, transfer and mestgage the same; that it shall be lawful st any terse hereafter fes the Association to peaceably and quietly enter upon, have, hdd and enjoy said property, and every part thereol; that sad property is tree and discharged from all licrss, tneunsMances, and clarrns of any lord, including taxes and assessments, except the Herr hereof, which n a first litre on sad property; that the Mortgagor wilt make such further aswrarrces to perfect she fee simple silk to sad property .n the Association as may reasonably be required; and that the Mortgages does hereby fully warrant unto the Assotratan the tick [o sad poperty and yvrtl defend same against the mestgage claims and dtrtwrds of alt persesa whomsoever. NOW, THEREFORE, the condition of this nsestgage is rifts that if the Mortgages shall well and truly pay unto the Associaton, the indebtedness ev~denr:ld by that certain pomrssesy note, of even date herewith, made by the Mortgagor and payable to the Association, in the Prrncrpal vein J+------- THIRTY THOUSAND, NINE HUNDRED----~-------- DOLLARS ~ s 30 , 900.00 1, together with interest as therein stated. payable over a term of 348 months. and shall perlorm, Comply with and abide by each and every the stipulations, agreements, cortdrtiesrs and covenams contained and set froth rn this mortgage and rn the pomrssesy note secured hereby, then [his mestgage and the estate htreby created shall cease and be null and vod. AND the Mortgagor does hereby coynent and agree: 1 To pay aN and singular the prescrpsl and interest and other wins of money payable by virtue of sad promissory note and tfws mortgage. or either. promptly ors the days respectively the same sewraNy batwme dw. 2 To pay ell end ssrsgulsr fns taxes. sssesanronn. other governmental levies. Irobktses. tsbiigatarss and erscumbrsnces of every natws on sad dascnbed property and the related debt saquisition trsM and awry when dw and payable stcordsng to law. before they become ttslrrsgtrent and. ii the same shah rat bs panptly yard. the Assocratan may at sny tirrsa. aithar baton or aher delwsquency. pay the same vwthout wsrvsrtg es affecting the optan to foreclose. or sny right hereunder. and every payment eo made shall bear interest from the den ttroreof at t1ro rats of ten per cent (109L? per annum. ~ 3 That the Mortgagor rout keep aN real srd personal property now es hereshsr encumbered by the Iran of tMs mortgage irswrtd as may bs iequrred from trine to L v time by the Assouatan sgarrsst loss by Me. windstorm and other Aa:srds. cawahros std contwsgsrscres for such prtrrods and for not less than such amounts as may be required by the Assocrotan and to pay promptly wfssn dw aN psmwms for such rnwrsnce Mtsrtgsgor egress to rlebver renewal es replacement ~ ~ ~ pdreros of any nature or rsplstement certificates of irswnrsp to the Assocraton, at least ten 11 O) days pror to the exgratan es arsnwrsary date of the axrsung Q ~ ~ pdreres. The amounts of insurance requirtd by the AssoWtion slssll bs minimum amounts for wfrtth sad nrtwrarsce shall be written and it shall be rrscumberst y d upon the Mortgagor to maintain such additional irswnrstx as may be necessary to meet and txxtsply fully with aN oo-insuransce requrremsnts connmsd in sad ~ pdreres to tM end that sad Mortgagor is not a oo-inwrw thereunder. Ir?wrsnce shah be written by s cornpany or companies approved or fed ~ Association nears sn pdiaes end renewals thereof shah be held by the Association. Au detailed tans the Mort dssrgrra ~ tree designs by gager which sn accepted by the ~ ~ ~ Association and all sgreemsnts Dstswsn Mortgagor and Associaton relsursg to assurance. now existing es hersaher made. shall be to vvritirp and shah be a part > ~ ~ of tMs mortgag6 agreement ss fully ss though set forth verbatim herein end shall govern both parties hereto srd their successors and assigrss. No liars upon any of sad pdipes of inwrartce es upon sny rotund es return premium which may bs payable on the ursrxllation or termination thereof, shah bs to other than T ty„ _ the Assoctaton. except by proper endorsement sffucsd to such pdicy end approved by the Associaton. Each ~n pdrey of insurarsce shall Mw affixed tfroreto a ~ Standard New Yak MoKgsgss Clause without Contributan, malting sU loss or losses under such pdrey payable to the Assocraton as its interest may appear 7 In rise event any win es wins of money become payabb thereunder. the Assouatan shall haw the optan to receive and apply the same tNS account of the rn- 3 7 debtedness hereby secured. es to permit the Mortgagor to retaiw and use it, or srsy pert thereof, without thereby waiving or impairing arsy equity. Iron or right +J under and by virtue of this mortgage. In event of loss or physical damage to the mortgaged property. the Mortgagor shall give immediate ratite tfsertaf by mad ~ rf ~ N to the Association and the Associaton may make proof d loss if the same is not made promptly by the Mortgages- In event of fessclowre of tMs mortgage. es } i J other transfer of btb to the mortgaged property. in extinguishment of the rrdebtedness securod hereby. aN right. title and interest of the Mortgages rn and to ~ c- any mwrance pdiciss then in fora shall pass to the purchaser es grantee. The Mortgagor further agrees to abide by the rules and existing regulations of the ~ ~ :i. Association. m tonrroctan with ragweed insurance oovsrage of the property herein entumbered- i t 4 { f ' dlr. < - _ ~,1,- ~ 4r / - - - - ' 4 RlCeitfef! S ~ lfl Payf119I11 ~ TaloN - - . _ - _ owe On Cl.fa "C' Irltang'1blePersorlelP~rOplNtr. ~o Pufsuanl To Chapter 71. 134, Acts Of 1/rfl. t ~ _ _ ~ - ROGER PORRAB ~C 3~ Clerk C.ircujl Court, St. Lucie, CO., FIL F 4 Paragraph 4 and those which fdbw are connived on tM reveres sde of CMS mortgage end M reference sro incorporated into the body of CMS mortgsge- The terms Mortgagor and Assocratan, whenever used in this instrument, strait include the hems, personal representatives, wctessors es assigns of the respective parties nerero. Wherever used, the singular number shall r the plural and the plural the sirigtrlar, and the use of any gender shall include all gerrders- TNESS WHEREOF, these premises h executed on the day and year t above written. Sg seat dN a pr o + ISEALI HAROLD M• KNUTSSN ~ • Z~ ISEALI i ISEALI ISEALI pry ~~s ~i S?ATE OF N~'n J$~~ COUNTY OF ~ s , ~ The lesegorng instrument was acknowledged before file th(e tfeY~iit MarCh , ,s?9 by ~Q s s r.. _ ~ ~ . ~ • KNUTS$N, _u~lnt~ri ed - ; ~ . r-..- x COLLEEN J. K.f2ENf~5KY - / ~N'~' MY commrssan exprreshOTfiRY PU9llr, 0~ N it 1ERS~ . ~ O Q I r~ Notary Publ ~S~tat of ~ ~ ~ ~ r 3~~. , " _