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Home My WebLink About2384 C -331A kc • THIS MORTGAGE INDENTURE 53516 -2 ~ D ~ E.ecuted Chit day of April . A.o., is?9 . btr CHARLES D. FRANK and M. CELESTE FRANK, husband and wife - party of tM first part (hereinafter called Mortgagesl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ' a corpesation existing under tM laws of tM United States of America, party of tM second part (hereinaftM called tM Associatanl, WITNESSETH, TMt les divers good end valusWe considerations, end to ueture tM payment of tM aggregate sum of money nan?W in the promissory note of even date Herewith, hereinafter mentior?ed, together witA interest thereon end all othp sums of money secured Mreby a Mreinalter povided, the Mortgagor does grant, baiyain, sell, when, icings, reltase, convey and contain unto tM Aswcisuon, in fee simple, tM lollowirtg described real estate, of which tM Mestgages is raw seuad and possessed srxl rn actual possession, sitwq in tM County of St . Lucie . Sate of Fleseda, tegatly described aslollows: Condominium Parcel No. 5418 of Golf Villas, a Condominium as per the Declaration of Condominium thereof, recorded in Official Records Book 302, Pages 1250 through 1326, dill of the Public Records of St. Lucie County, as amended by Certificate of Amendment, recorded in Official Records Book 306, Pages 2991 through 3006, all of the Public Records of St. Lucie County, Florida. TOGETHER witA ell structures and improvensertts now and Mreaiter on said Isrsd ancf the fixtures attached thereto, also together nth all and singular the tenernerits, nereditsments, easements, riparian rights and appurtenance thereunto belonging, es in any verse appertaimreg, and tM rents, issues, and profits thereof, and also all the estate, ~9ht, title, interet and ell claims srd demands whatsoever, a well in law a in equity, of said Mortgages in and w the same, and evdy part and parcel thereof, and also all gas and electric fixture, radiatess, Maters, air conditioning equipment, machinery, boilers, rariglS, elevators and motess, bathtubs, sinks, water closets, water basins, pipes, faucets, and other plurnbing and heating fixture, msntek, retrigeratirg plans and its boxe, window x;reMS, screen doors, venetian blinds, storm shutters and awnings, which are now or may fsereatter pertain to es be used with, in~es an said,xemises, even though they be detached es detachable, are and shall be deeneed to be fixtures and accessions to [he freehold and a pert of tM realty, and, if tM above described property is now or shall hereat[e. be used for conwrtercisl purposes, then tM furniture and lurmshings anrf env •eplacements thereof which may be owned by tM Mestgages arxlwhich are now or may hereafter be located upon tM above described property- TO NAVE ANO TO HOLO the same, together with alt tM estate, right, title, enterest, homestead, rfowlr and right of dowe+, separate estate, possession, darn and demand whatsoever, in law or inequity, of the sad Mest9agor in and to tM same, and every part thereof, unto tM sad Association m ter simple. The Mortgagor hereby covenants wish tM Association that [M Mortgages is indefeasibly seized with the absolute and tee simple title to sad property, and has full power, and lawful authority to sell, convey, transfer and rrtortgage the same: the[ it shall tse lawful at any time hereafter tes Me Associa[ies? to peaceably and giiretly enter upon, n~~ve, hold and enjoy said property, and every part thereof; that sad property is tree and discharged Iron all liens, encumbrances, and claims of any kind, including taxes and assessments, except ttte hen Mreol, which K a last lien On said property: the[ the Mortgages will make such further aswrances to perfect the fee simple title to card property :n the Association as may reasonably be regwred, and that [he Mortgages does hereby fully warrant unto the Association the title to sad property and well defend same :r.r,,inst tM mortgage darns and demands of all persons whomsoever. _ NOW, THEREFORE, the condition of this mortgage is such that it tM Mortgagor shall well and truly pay unto the Assocratan, [he rrdebterlnesi e•.rdenced by that certain promissory note, of even elate Mrewith, made by the Mortgagor and payable to the Associatan, in the prirttipal vein THIRTY-FIVE THOUSAND, ONE HUNDRED------------ DOLLARS ~ j 35 ,100.00 1, together with interest as therein stated, payable over a term of months. and shall 'verform, comply with and abide oy each and every [M stipulations, agreements, conditions and covenants contained and set forth m this mortgage and rn tM promissory note secured hereby, then [his mortgage and the estate hereby created shall cease aril Oe null and void. ANO tM Mortgagor does hereby covenant and agree: t . To pay all and singular tM principal and interest and otMr wins of money payable by wrtue of sad promissory rate and this mortgage. a either. promptly on tM days resptrcttvely tM same sewraNy become due. 2 To pay all and singular tits taxes. assessments. otMr governmental levies. liabilities. obligations and encumbrances of every nature on sad described property and tM related debt acquisition eat:h and awry trvftsn dw and payabb according t0 law. before tMy become dshrsquent and. ii tM same staall not be promptly paid. tM Associaton may st any time. atMr before es ahsr delinquency. pay tM same witfaut waiving es affecting tM option to foreclose. a any right Mreunder. arxf every payment w made shall bear tntarest from tM data thereof st tM rate of ten per cent'1109L) per annum. 3 That tM Mortgagor wut keep aU real and personal property raw or Mrsahsr encumbered M tM lien of this rttortgsge insured as may be requred from rime to time by the Association against bas by firs. windstorm and other Mzards. uwalties and conhngencros for wch periods end for rat less than such amounts as T T ~ may be requued by tM Assoceation and to pay promptly when due ell premiums for wch inwrartce- Mortgagor agrees to dshver renewal or replacement = ~ ~ policies of any nature or replacement CertifiCateS of enstuartce to tM Association. at but ten 11 Oi days prior to tM expratan a anniversary date of tM exrsang ` m polices TM amoun•s of insurance required by tM Assoaation shall bs minimum amounts for wluch.sad inwrartce shall bs written and it sMN be incumbent ~ upon tM Mortgagor to maintain such additional mwrance as may bs necessary to meet and comply fully vnth all co-mwrarscs requirements contained m sad .L ~ ~ policies to tM end that sad Mortgagor lenot a rb-inwror tMrsunder. Insurance sMll be written by a company or contpaires approved es designcled by tM - ~ Assoaation artf all polttiss end renewals thereof shall be Mb by tM Assoastion. All detailed desigr?ations by tM Mortgagor which are accepted by tM ~y M Assoaation and all agreements between Mortgagor and Association rebtirtg to insurance. now sxistirsg or hereafter made. sMll be in wribrtg and sMN be a part ~ M of this mortgage agreement as fully es though set forth verbatim Mrein and staall govern bosh parties hereto and their successors and assigns. No fisn upon any n ~ ~ of seed pdicies of insurance es upon any rotund es ratan premium which may W payable on tM csrtcellation es termination thereof, sMN ba given to other than - tM Association. except by proper endorsement affixed to wch pokey and approved by the Associabon. Each policy of irtsurarttx staall Mw effaced thereto a ~ p Standard New York Mortgagee Clause without Contributan. making aN bss es bases under wch policy payable to tM Assoaation as its interest may appear. - ~ ~ In tM event arts sum or wins of money become paWbb tfterwnder. tM Assowation shall Mve tM optan to receive and apply tM same ors account of tM in- - debtedrress Mreby secured. or to permit tM Mortgagor to receive and use a. or any pan thereof. wethout thereby waivirq or irrtpairirtg any equity. hen or right J : ~ ~ under and by venue of this mortgage In event of bas or physical damage to tM mortgaged property. tM Mortgagor sMll give immediate reties tlteleol by mail ! ~ to tM Associaton and tM Association may make proof of bas if tM same is not made promptly by tM Mortgagor. In event of forecbwre of this mortgage. or <S r other transfer of titb to tM mortgaged property. m extinguishment of tM indebtedness secured Mreby. aN right. trtk and interest of the Mortgagor in and to ~ Q ~ N any insurance policies then M force sMN pass to tM purcMser es grantee. TM Mortgagor further agrees to abide by tM rules and existing reguWtioris of tM Association. m connection with required insurance coverage of tM property herein ertwmbered - ~ ~ O.. _ ~ ~ ~.Tf~ ~j ~ ~-,c~ T.---- - ~ - - - - ~ Received • L'-~ In Payment Of Taxes I ' ' ` < < • ~ ~ ~ Due On Clafcs "C" IfltaflQlblO Personal PropelTy, l9- , ~ ~ - _ ` r - . ~ f~,rsuar,f To Chapter 71. 134, Acts Of 1871. - - ~ t - _ 5 L- i; ~ i -ROGER POITRAS ~ ~ _ i_ - - - _ Cterft Circuit Court, St. Lucie. Co.. Fla. r 4 Paragraph 4 and those which fellow errs contained on tM reverse side of this mortgage and by reference ere rrtcorporated onto tM body of this mortgage. The terms Mortgages and Association, whenever used in this instrument, stall include tM heirs, personal representatives, successors es assigns of the respective parties Hereto- Wherever used, th! sirgular numbs shall include the plural and the plural the singular, and [M use of any gender shall include all gerders- ~ IN WITNESS EREOF, [here premises have been executed on tM day and year first above written. e Signed, sea and delivered in Me presence of: _ _ ~t SC.?i ~ iSEALI CHARLES D ` J _ ~'~'L • C~ 2t1~,~ (SEAL) 3 M. CELESTE FRANK ISEALI i (SEAL) ~V STATE OF Q$~Q COUNTY OF 5...'?n.T ~ i.?7i~ ~ TM foregoing irtstrtrrrient uses scknobsfed,ed before me this ~ ~ day of Apri 1 _ . ,g7 9 ~ CHARL88 D, FRANK atl~d M. CELESTE FRANK, husband and wife LENDER ,r,,, - WII,(jAM GRUVER, Notary Public ~ _ - b ~ ~ Su;r:rd Coont'i. Olio U ~ `~l~t g ~ ~,;,aissiotl Expites Sept. 1, 1980 Notary Public, State of r7 Hr v ~ .r . Harr _ e 5 s r - _