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Home My WebLink About2439 ~~6a3~~ C ~3 ~9A ~ kc THIS MORTGAGE INDENTURE 55542-2 ~ / E .ecatetl tnis day of I~iay . A.P., ls? 9 . w ' JOSBPH W. JONES and DOROTHEA H. JONES, husband and wife per ty of the first part IheieanaltN called Matgagorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a a,rporation existing under the laws of the Unded States of America, party of the second part Iherernalter called the Assocaatanl, WITNESSETH, That for divers good and valuable considerations, and to secure the paymem of the aggregate vein of money nanserf in the promiswry Hate tit even ,l..i+• Herewith, herernalter mentioned, together wash interest thereon and all other wms o1 money secured hereby as heaeinatter prevailed, the Mortyayor does yaam, Iw,i.un. ~a41, .,i,en, rentiSl, rekase, convey and contnm unto the Assocwtaon, m lee surapb, the toltowang described real estate, of wfiath the Murtyagor as now seuerl arx! Ix,ssrssrri ..n,i ,n tual pOSSebtaOri, Srlaate ere the County U1 St • Lucie ,State of FluutLt. Iey:illy ,Lru nlw-al e5 tollowf~ Condominium Parcel No. 5422 of Golf Villas, a Condominium as per the Declaration of Condominium thereof, recorded in Official Records Book 302, Pages 1250 through 1326, 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. SUBJECT TO above Declaration of Condominium and Amendment to Declaration of Condominium. TOGETHER wrih all structures and improvements now and hereafter on serail land and the laxtwes attached thereto, also toyettiea with ail arxl sanyular the terienienrs, ne,edataments, easements, riparian rights aril appurtenances the+eunto bNongariy, a m any verse appertamang, and the rents, assueS, anti profits the+eol, and also all +hc esraie, r ~qht, Gde, interest and all claims and demands whatsoever, as well m law as m eyuaty, of serail Mortgagor m and to the same, arxt every part and parcel thereof, end ,dsu au ys .and eleCiriC fixtures, ratlaatOrs, heaters, au condiuomrg ertwpment, machinery, Coders, ranges, elevators and motors, baMitutx, sinks, water closets, wecer basins, pipes, r ,ucets, and oche. plumbing and heating fixtures, mantels, refigeraurg plans and ace Coxes, window ,a:reens, screen doors, venetian blinds, storm shutters and awnui:p, wlnrh a now or may hereafter pertain to or be used with, in or on said premises, even though they txr detached or detachable, :ire and shall be deemed to be bxtures end ,kress,nns to the Ireehold and a part of the realty, and, it the above described property n now or shall hereafter be used for commercial purposes, then the fur~ature and twnashangs and ;iny replacements thereof vvhach may be owned by the Mortgagor and whits are now or may haealter be located upon the above deSCratierf property. TO HAVE AND TO HOLD the same. together wash all the estate, right, title, interest, homestead, dower and right o) dower, separate estate, posse>saon, clmrn erxl ,femerid whatsoever, in law or inequity, of the sad Mortgagor m and to the same, and every part thereof. unto the serail Association an tee sample. The Mortgagor hereby covenants month the Association that tfK Mortgagor as indeleasaWy seared with the absolute and fee sample btk to serail pope+ty, and ties lull lwwea. er.;) lawful authordy to sell, convey, transfer and mortgage the same: that at shall b! lawful at any tame hereafter for the Association to peaceably entl ywetly emer ulwn, .eve, hold and enjoy sand property, and every part thereof: that said property as free and daSthargerf from all liens- encumbrances, and clams of any kind, ari[ludang taxes ad azsessments, except the Cen hereof, whrch is a fast teen on sand property. that the htorigagor will make such further aswrarices to p.+rtect the fee sample tide to saxf wut>rr W :r. the Association as may reasonably be regirued, and that the Mortgagor does heretry fully wanam unto the Association the title to sand property aril wrll rfelend same ,.;,inst the mortgage claims and demands of alt persons whomsoever. NOW, THEREFORE, the condmon of this mortgage as sucA that A the Mortgagor shall yell and truly pay unto the Assocaauun, fie andebterlness .•:~denced by that certain promasiory note, of even date fierewdh, made by the Mortgagor and payable to the Assnciation, m the prirical,a) mom ~t ----------SHIRTY-EIGHT THOUSAND, THREE HUNDRED----------- DOLLARS 5 38 , 300.00 1. together with interest as theran stated, payable ova a term of 348 mr,Mhs, end sri.rll ;x-form, comply wash and abode by each and every the strpulauons, agreernems, condroons arxf covenants contained and set forth an than mortgage and an the promissory note secured hereby, then this mortgage and the estate hereby created shalt cease and be null and woad. AND the Mortgagor doss hereby covenant and agree. 1 Te pay all and singular the principal and intmsst and other wms of money payable by value of sad promissory note and this mortgage. or either. promptly on the days respecflvely the same severally become due 2 To pay all and singular tree taxes. assessments. other govsrnrnental levies. Liabilities. oblpatans and encumbrances of every nature qrt ssad described property and the related debt acquisition each and every when due and DaYabb according to law. before they become debriquent and. if the same shall not be promptly paid. the Association may at any dins. either before a aher dehrquertcy. pay the same without waiving a aNecflng the option to foreclose. or any right hereunder. and every payment so made shall bear interest from the date thereof at the rate of ten per cent (10%1 pe'r annum 3 That the Mortgagor veal keep all real and personal property now or hereaher encumbered by the hem of this mortgage inwred as may be regwred from time to time bl/ the Associatan against loss by firs. windstorm and other hazards. Cawalfles and conflngencies for wch perads and (o? rat less than wch amounts as may be repaired by the Assoustion and to pay promptly when due all premwms for wch inwrartce Mortgagor agrees to deliver renewal or replacement policies of any nature or replacement certificates of insurance to the Asstxiatan. at (east ten 11 OI days Pnor to the expiration a anniversary date of the exastang polices Ttse amouMS of inwrance required by the Asstxiatan shall be munttwm amounts for which said inwrance shall be written and rt shall be incumbent upon the Mtxtgago: t~ maintain wch additional tnwrarice as may bs necessary to meet and comply fully with all co-inwrance requirements contained in sand policies to tfte end that sad Mortgagor is not a co-inwror thereunder Irtwrstxe shall be written by a company or compsmes approved or designated by the Association arrJ all policies and renewals thereof shah be frsW by the Assoeeatan All detailed designatans by the Mortgagor which are accepted by the 'i Association and all agreements between Mortgagor and Associatan rebtirq to inwrance. now exisflrp or ftereaher made. shall be in wnflrtg and shall be a part j of this mortgage agreement as fully as though set forth verbatim haran and shall govern both parties hereto and their wccessors and assigns. No hen upon any i of said policies of inwrarice or upon any refund a return premium which may be payable txi the cancellation or termination thereof, shall be given to other than the Asstxiatan, except by proper eridorserttent affixed to such policy arsd approved by the Association. Each policy of inwrartce shall have affixed thereto a s Standard New York Mo•tgsges Clause without Convibution. malting sir bas tx losses under such D~'cY paYabb to the Association as us interest may appear In the event arty mom tx sums of money become paysbb thereunder- the Associaton shall have the optan to receive and apply the same on account of ifre m- f debtedriess hereby secured. or to permit the Mortgagor to receive and use it. or atty part thereof. without thereby waiving or impairing any egwry. fasts or right under and by virtue of tlws mortgage. In event of bas a physrul damage to the mortgaged p?operty. the Mortgagor shall g've immedwte notice thereof by moral to the Associatan and efts Assoaatiort may rtiske proof of bas N the same is tat made prortiptly by the Mortgagor. In event of foreclowre of tMs mortgage. or other transfer of btb to the trartgagtd property. m extinguishrttent tN the indebtedness secured hereby. au right flue and interest of the Mortgagor in and to l any inwrartce pdicies then in force shall pass to flee purchaser a grantee. The Mortgagor further agrees to abide by the rubs and existing rsgulatans of the Association. in cortriectan uirith required insurance coverage of the property hermn encumbered t 7~ Rscelf?ed • In Pfe~frnsnt Of TAves r ~ ~ - r - _ . Due On Class "C' Intsn~6l~Prif3onalPr~nsrty, - - pursuant To Ch 71 13t, Acts Of 1971, ~ RO(iEA POITRA,S - - 5 t J ~ Clerk CItCU11 Couft, S1. lucN. Wy Fh. r: - E _ - ~ Paragraph L and those which foMOw an cOnUiMd On tM rwerse side of tMS mortgage and by refererxe errs incorporated into if?e body of this mortgage The terms Mortgagor and Association, whenever used an this instrument, shall include the heirs, personal repreSMUtrvef, wccessors or assgns of the respective parties Hereto. Wherever used, the singular number shall include Me plural and the plwal the singular, and the use of any gender shall include all genders. IN WITNESS WHEREOF, these premises aye been executed on the day and year firs written. Sgned, sealed srW deliver in t pr a ol: i ~ !I ~~•y 1. i ^fit''C ^ ~ -ISEALI J W. JO S / ~ y, / ' ~ . i /~_.~2: t~ .~~L~ a--~'~-~"' +LJ _ISEALI DORO H. J Ts ~ ISEALI a _ ISEALI _ w~ STATE OF OgiO COUNTY Of/ , f ~`~`-'L`"' ~ 7 ? 1 i.,`l The foregoing instrWttsnt uses icknowllrlged before me this ~ ~r day of May , 19~ by JOSBP$ W. JONE3 aid DOROTHEA H. JONES, husband and wife ~ ~ o LENDER t ` 10SEPNINE . ~ F•~ cllc r ~-a_.`J?~. -1L.~-,1.~ ~ _ ~ MY commission stcpitis: - y _ - r Qf71flfA S. ~ •,r . %l. t'~~ Notary Public. Sate of ~ ~ -