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HomeMy WebLinkAbout0539 THIS MORTGAGE INDENTURE c-360A kc . n.o.. ~99 . a? ~~y~1 56376 -2 ~ / E.«~~.d 4 wY oi June VINCSNT J. D'AblICO and MARIE B. D'A~iICO, husb~nd and wife pa~~y ol tM G~st ps~~ (f~ere+nsUK call~d Mat9aporl. ~o CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a cerpwauon ex~tdnq und~r tM Iaws o1 iM UmtW Sqt~s ol AmN~cs. par W ol tAe second pai ~(heranat~e~ cslled Me Assocwtanl. WITNESSETH, Tn~~ Ia dwe~s good +nd vs~uabN conswferstwns, and ~o secu~e ~~s Wy~nem ol ~he aggregai~ wm ol money narne~l ~n the p~om~swrY no~e o~ eve~ ~e~e • nereanth, Ae~einattr menua~ed. togetM. w~tA ~ntaett thpwn and a11 othp wms ol mawy sltur~ he~eby as Ae~ei~sltlr p~ov~dld. tAe Ma~ysgor does g~an~, ba~ga~n, x11, . ,t~en, ~em~se. reksst. conwY ~ c~h~m unto ~M Assocauo~. ~n I~e tvnpk. ~M lollow~ng dtunp~d resl tsiate. ot wAich the Mo~tgagor ~s now se~ted and possessed e~xl ~n pos~. ~n. c«,~~Y o~ St . Lucie . s~~~. oi F~w~. ~~aY ~~,i,~e 3i~a~~: Lot g, Block 4, .SOUTH PORT ST. LUCIT UNIT ON~, according to the plat ~ thereof as recorded in Plat Book 12, Pages 1 and 2, of the Public Records ~ of St. Lucie County, Florida. TOGETHER with all strucw~es snd ~mp~ovaments now and htreal~e~ o~ said ~and and ~~e ~~xtures ai~xhed thereto, also ~oqeiAer w~~A al1 and s~rgu~a~ the ~enemems. ne~ed~tsrtrcnts. easements. ~~pxian rghts arid appur[enances tlce~aunto belong~ng, w in any w~se appe~ai~~ng. and the rents. ~ssues. and protits tht~eol, and alto alt ~he estate. ,~unt, titk. ~merest and all claims and demsnds whstsoever. as wsll in Isw ss in equ~ty, of sa~d Mwtgagor ~n and to Mc same. and eve~Y DMt and parcel thercof, anA also a11 gas ~nd ekctric ~i:tu~es, radw~ws, heaurs, a'w condiuon~ng equ~pnent, mach~nery, bo~lers, ~anges, elevatws and mo~as, bathtubs, s~nks, water closets. water bas~ns, p~pes, t,uce~s, and other plumb~ng and hea[~n9 f~xwres. rt~antcls. rel~gentirg plans and ~ce boxes. w~ndow xreens. screen doors. veneuan blinds. stwm sAutte.s and awn~ngs, wh~ch :re now o~ may hereafte~ pernin to w be used w~ih, ~n w on said pemises. eren thOUgh tf~eY be detached or detxhable. a~e and sAall be deert~ed to be f~a~u~es a~ef atcess~ons to tAe Ireehdd and a psrt ol tlx r~alry, and, il [Ae abOVe deitnbed Wope~~Y K~W a~all he~eatllr be used 1or cornrt~ercial purposes, thM tAe futmtu~e and (urn~sh~ngs and eny replatemeMS ther~ol whitl+ may be Owned by the Matgagor and wh~d~ are now or may herealter be Ioca~td upon tAe aGOVe deunbed p~opertV~ fp HAVE AND TO HOLD the same, togetAer w~th all ~he es~ate, ryht, utk, ~~urest, homestead, dowe~ and rght of dowe., separate estate, possess~on, cta~m and~ ~femand wl~atsceve~. in ?aw or ~n ~qu~ty, o( the sa~d Mor~gago~ ~n and [O th! Satnl, and tvlry parl therlOt, UntO th~ Sa~d AffOCwt~on ~n le! s~mpll. The hlwega9or hereby cwena~ts vr~th the Assoc~al~a+ that tAe Matgagor ~s ~ndeleds~bly se~red w~th ~Ae aDsolute and fee s~mple title to sa~d prope~~Y. and Aas lu~l powe+, ~nd lawtul autAauV to setl, comey, transfer and mo~tgage tAe same: that ~t shall be lawtul at any tvne haeafte~ ~or ~he Associauor~ to peaceab~Y and qu~etly eme~ upo~, ~~_+~e, hold and enpy sald prope~ry, and evpy part ~Aereot: that sa~d propertY ~s fr~ and d~uha~ged Irom all I~cns, encumb.anca, and cla~ms ot any k~nd, includ~ng taxes and 3SSVSSmMtS, !xClpt th! I~en ht~eo~. which ~s a t~rst I~en on sa~d propaty: that ~he hlor~gagw w~ll make sucA lur~her asw.ances ~o pe~lect [he fee s~mple ~~~~e fo sa~d properry ~n ~he Auoc~aAOn as may reasooaWY ~~M~+~red; and Mat Ihe Mortgagor does hereby ~ully warrant unto tAe Astocwuoo the utk ro sa~d prope«Y and w~u dele~xl same ,~.~~nst U~e rtwrt9sge cla~ms and dema~ds of all persons whomsoeve~. NOW, THEREFORE, the cond~uon ol th~s mo~tgage n wch that il ~he Mort9agor shaU well and truly pay umo the Assoc~atron, tbe ~~debtedness e.~denced by tAat certa~n prom~ssory note: of even date he~ew~~h, made by ~he A7o~tgagor and payable to the Assi~c~atan. ~n the p~~~c~pa~ wm ~+--------1THIRTY-EIGHT THOUSAND, EIGHT HUNDRED----------- DOLIARS j,3p ~~QQ • QO 1, toge[her rwth ~nle+est as there~n staied, payaWe over a lerm ot 348 mon~hs, and sha~i ae:!orm, comply vrrth aod abde by eacA and every tAe supulaUOns, ag~ee~*~e~~s, cond~uons and covenaots con~amecf and xt tor~h ~n ~h~s mortgage and ~n tbe promnso.v ~+o~e secured t~ereby. ~hen this mo+tgage arW the a[ate hereby created shall cease and be ~ull and vo~d_ AND the Matgaga does hsrsbY covan~nt ind syree 1 Ta pay all and yngul~r ths pnnc~pa~ snd mtersst and othsr wms of rt~oney p~ysWs by v~rtue oi s:,id prom~ssory note and this mwtgaya. or erther. promptty on the days respectnely the ssme s~wralFy becoms dua 2 To pay all and s~nguiar tns ta:ss. sss~ssm~nts. other povsrnmsnul lewea. hsb~l~tros. oW~yatans and encumbrances ot every nature on sa~d descnDed pruPenY and the related debt atawsitwn ssth ~od ev~ry whsn dw ~nd WY~bk accord~np to law. ~slore t1'.ey betome debnquent snd. ~f ths ssme shs~~ not bs promptly pa~d. the Assoaatron msy at any tems. srthsr befors a ~ftsr dshnqusnc~. paY the sa^ne w~chout wa~v~ng or aHecUnq ths optwn to lorecbse. or any ngM Aereunder. and every paymsnt so msde shall bsu ~ntsrest from ths date thersof at the rate ot 3 That the Mortgaga wu~ keep all rsst and penonsl propsrty now or hsreaher er.cumbered by the i~en ot tMS mortgage ~nsured as may be ~equ~red (rom t~me to ume by thr Assoaat:w~ ags~nst loss by 6ro. w~ndstorm and other h~zsrds. cswslt~es and conurtgenues (or such perrods and fw not bss than such amounts as may be requ~red by the Assoc~atron and to pay promptly when due all prem~ums for wch ~nwrance. Mortgagor agrees to delrver renewsl or replacement pohc~es oi any nature~ replscsment cert~t~caies of ~nsurance to the Assoc~siwn. at least ten (101 days W wr to the expuata~ or anrnversary date oi the ex~sung ' pol~aes The amoun•3 of ~nwrsnce rsqu~red by tha Assouatan shafl be m~rumum amounts Iw wh~ch sa~d ~nwrsnce shall be wnnen and ~t shall be ~ncumbent upon the Mcxt~ago~ t~ ma~nla~n such additronal ~nsurance ss msY be ~~e~~Y to meet and comply fu11y w~tA a11 co-mwrance reqwrementa contained ~n sa~d potK~es to [ha end t~st sa~d Matya9or a not ~ co-~nwra thereunder Inwrance shall be wraten by a company or compa~~es spproved a dss+qnated by the Assouat~on an.f all pol~ues and ronewsls thsreot shaB bs held by the Assoaatan Atl deta~ted des~g~atar.s by the Mortgayw wh~ch sro sccep[ed by the Assouatwn and all agreements between Monpspor and Assoaatwn roiauny to ~nwrsnce. now e:~st~ng a hereafter made. shsu be u+ v~manp and shsu be a part j ot th~s mortgagE agreemeM as fully ss thou9h set forih vs~hm Aerem and shatl pwern both part~es hereto and the~r wccessors snd ass~pin No ben upon any ' o~ sa~d pobcies ot ~nwrarxe o~ upon any rofund w ietum premwm wh~ch may be psyaWe on the pncellstwn or te?m~natron tMreot. sha~~ be Qrve~ to other than tne Assouatan. except by proper endwsement aNusd to sucA pol~cy and approved by the AssocwUOn Each pol~cy of ~nwrance shsl~ hsve a(fixed thereto a : Standard New Ywk Mo~tgages Clsuse vmthout Contnbutqn. malunp all bss a losses under such poticy payabls to the Assoaatron as us ~ntsrest may appea~ ; In ~he event any wm w wms oi money bscome paYSbls thereunde~. the AssOnstwn shall have the opuo~ to reterve and spply the same on sccount of the ~n- t debtedness hereby sscured. a to perm~t the Mortpsya to rxavs a~d uss it. or any part thereoi. vwthaut thereby wamnp o? ~mpa~nn9 a~Y QQu~b• or n9ht y u~der and by nrtue oi tfus mwtgsge ~n eve~t of bss a phys~cN da~ape to tAe mortpaged w~tY• the Mortys9a shs~~ 9~ve ~mmsd~ate notKe ihe*sol by mad ~ to the Assoaatron ard ths Associatwn maY W~f of bss [M ssme ~s not mads pomptly by the Mortysga In event of toreclowre of tMS mortgage. a ~ otner transfer oi t~tle to the rtwrtpaysd properiY• m e¦tmpu~sAment of ths ~ndsbtsdneu secured hereby, aN nght. atb a~d ~nterest ot the Mortgaga ~n and to ~ a~y ~nwrance polK~es then m fwce shatl pass to ths purchaser w pra~tee. Ths Mortpaya further agrees to abde by the rubs a~d ea~sung regu~stans o1 the ~ Assouacron. u~ conneawn with reqwred ~nwr~nce covsr~qs of the propsrry Asrs~n encumbersd. ~ ~ E , `1 ~ c- - " . . _ ' - ! Rece1ved s 7 7 In Payment Ot Texes n ~ ~ : ~r ~ r, : i. = ' , ~ ' ~ Oue On Class ••C•• tntsngible pp~sor.~l Prpp~?tY. ~ ~ ~ Pursuant To Chaptsr 71. 134. Acts Of 1971. ~ . ~ ' S S. Z l~ : ROGER POITRAS . ~ - - - : Cle~k CifCU~f C01lfI~ SL LtIC19. Co., ft~. ~ ~ 4 Paragraph 4 and thoss which fdlow aro conta~n~d on tM rswrs~ s~ds ol tlus mortpsys and by rotmence ue ~ncorporated ~nto ths body of th~s moreyaqe. ~ The ~erms Mortgagur and Assouatron, vrhenc+er used m ~his instrument, sha11 ~nclude ~hs he~rs, personal represmeatnes, wccessors or ass~9ns ol tne reipec~rve pmues ~ nereto. Nfierever used. tht s~~gular nun?be~ sMa11 ~nclude Me plural and the plural the s~ngulx. and tAe use of any gender shalt ~nclude a11 g~nders. ~ ~N WITNESS MYHEREOF, tAese premises a~re been e:ecuted on ~Ae day and yex tirst vvn~cen. ~ ~ S snd de~~vercd ~ a of: ? , ! YI~L~ ~ ISEA~I • ~ ~ , INCENT J . O , ~ , ~ a j ~ ~ ~ G ~ ISEAU ~ . MARIE B. p iICO ISEA~) z' ' ~ ISEAL? ~ s; ,J ~0'4 , ~ ~ siArEOF ~~YDA couNTV oF ~?iARTIN r . ~ ~ ~ 79 The foregp~~q ~nstr~mdit vqf acknowledged betwe rt+e th~s 4 da~r ot June _ .,9_ bv ~y ' ` ~ VINCENT J. D'AMICO ~and ~'IARIE B. D'AMICO, husband an f ~ ~ p ~ I~ENO~ER ~ - . ~ ~ ~ ~p~ ~ ~3~ 0 v G i°~(G` a`'~ My comtrncswi+rKWrK ;ry3 - . `K Notary ?rb~ic, Sbte ol Florid~ at large No~x~ v~wK, su~e o+ ~ ~ Mr Commission Expires Dec. 13, 1982 {1~. 'r1i;f ~~u 310 . 5~39 {t~a0ed L/ A+~aun i~.e ~ l~swl:~ Cca~pa~y ~ ~i ~