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Home My WebLink About1608 THIS MORTGAGE INDENTURE C-353A kc 56014 -2 ~ E .eewed this 29 day of Hay . A.o..19?9 . by 4'7623 0 JOHN J. FON and KAREN 8. FON, husband and wife ' parry o1 tM lust part IMrarialter called Mortgagorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION - a corporation existing under tM laws of tM United Sates of AmNica, party of tM second part (hereusaltM tafNd tM Associatwn?, WITNESSETH, TMt for divers good and valuaWt corisideratioris, end to secure tM payment of tM aggregate vein of money named in tM promiswry note of even .l.rtr herewith, hereinafter mentioned, together with interest thereon and all oMer swro of money secured Mreby ss ltereinattp provitlld, the Mortgagor does grant, 4iryam, all, alien, termite, rNesse, corivty and confirm unto tM Associatron, in fee srrtpte, tM following described real estate, of which tM Mortgagor is now served and tsossessrrl .irxt rn actual posteuiort, sitwle m tM Coolly of eSt . Lucie , State of f lords, loyally rlrxiriwrl as follows: Condominium Parcel No. 5523 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 2891 through 3006, all of the Public Records of St. Lucie County, Florida. SUBJI~CT TO above Declaration of Condominium and Amendment to Declaration of Condominium. TOGETHER with all structures and improvertienK now and herNftp Oft slid land and tM fixtues attached 1MrNO, also togetMr with alt and singulx the terierrients, hereditaments, easements, riparian rights and appurtenances thereunto belorgrng, or in shy verse appertaining, and tM rents, issues, and profits thereof, and also all the estate, r ~ght, title, :nterest and all claims and derttarsds whatsoever, ss wNl in law as in equity, of said Mortgagor m and to tM same, and svdY Dart and parch thereof, end ,ilw all gas and electric fixtures, radiators, heaters, sir crxsditioning equipr:tlrit, machinery, boilers, ranges, elevators and motors, bathtutx, sinks, water closets. water basins, tapes, faucets, and other plumbing and Mating fixtures, mantels, nfrgeraurg plans and ice boxes, window e,:reens, screen doors, venetian blinds, storm shutters and awnings, which ,are now a may hereafter pertain to or be used with, in or ort said premises, even though they be detached or detachable, are and shall be deemed to be fixtures and accessions to she freehold and a parr of tM realty, end, if fM above described property is now or shall hereafter be used for cormtercial purposes, then the furniture and furnishings and any replacements tltereol which may be owned by tM Mortgagor and which are now or may Mrealrer be located upon tM above descritxsd proppty. TO HAVE AND TO HOLD tfie same, together with all tM estate, right, title, interest, homestead, dower and right of dower, separate estate, possession, claim and demand wha[soever, in taw or in equity, of the sad Mortgagor in end to tM same, and every part thereof, unto tM said Assocwtion in lee simple. TM Mortgagor hereby covenants with the Assocution that tM Mortgagor n indefeasibly sewed with tM absolute and tee simple title to said property, and has fu!! power, and lawful authority to sell, convey, transfer ar)d mortgage tM same: that it shall tx lawful at any t+nte hereafter for tM Association to ptaceaWy and quietly Mtcr upon, nave, hold and enpy said property, and every part thereof; that card property is free and discharged from all lierss, encumbrances, and claims of any kind, inclirc(rrg sexes arxf assessments, except the Iran hereof, which is a first lien on said property; that the Mortgagor will make such further aswrances to perlett tM fee simple title to sad property ~n the Association as may reasonably be requutd: and that tM titortgagor does hereby fully warrant unto tM Assocwtion the title to said property and will defend same ~:;arnst fM mortgage claims and demands of all persons whomsoever. NOW, THEREfORE, the condition of this mortgage is such that if tM Mortgagor shall wNl and truly pay unto [M Association, the iridet.teiiness - ey.denced by tMt certain promissory note, of even date herewith, made by tM Mortgagor and payable to the Association, rn tM prrricrpal vein ~r -SHIRTY-FINS THOUSAND, NINE HUNDRSD------Y------ DOLLARS !s 35 , 900.00 1, together vnth interest as tlstrein stated, payable over a term of 240 months. and shall oe*form, comply vrith and abde by each and every the stipulations, agreements, conditions and covenants contained and set forth in this mortgage and m tM promissory note i Sctiured hereby, then Mis mortgage and [M estate hereby created shalt cease and tae null and void. AND tM Mortgagor does hereby covenant and agree 1 To pay aN and singular the pnrtapal and interest and other sums of money payabh by virtue of sari promissory note and tMS mortgage. or either. promptly on tM days respsctivNy tM pate severally become due. 2 To pay sN and tsir?gular fns texas. asseesntents. other govemrrsenW levies. liablities. oblipatiorss and encumbrances of every nature on said described property arsd tM related debt acquisition each and every when rive and payable according to taw. before they become delinquent and. if tM same s1ta11 not be promptly paid. tM Assoctaton may at any time. either before tx ahM ddiriquertcp, pay tM same without wamrp or affecting tM opton to forttclose. or shy right Mreurder, and very payment so made tlMll bear interest from tM date thereof at tM rate of ten per cent 11090 per annum 3 That tM Mortgagor veal keep aN real and personal property now or Mrpftar encumbered by tM lien of tlxs mortgage utwred as maybe rsquued from time to time by the Assouation against loss by fin, windstorm and otMr hazards. caswlties and coriurigencies for such periods and for not Iris than such amounts as may bs requued by tM Association and to pay promptly wMn due all premiums for such utwrartce Mortgagor agrees to deliver renewal or replacement policies of airy nature or replacement csrtibutas of inswanoe to tM Association. at least ten 1101 days prior to the errpintion or anrnvsrsary date of tM existing polices TM srnoun!s d insurance required by LM Association shah be nwrmum amounts far which sad inwnnp shah bs written and it shall be incumbent upon tM Mortgagor to maintain such additional inwrartrn as may bs necessary to meet and comply ft?Ny with sN tp-tnwrancs nquuements contained in said policies to tM std that said Mo.tgagor is not a eo-wssurtx thereunder. Insursna shall W written by a tbmpar?y or rompazres approved err dtrsigrsateb by tM ' Assowtion ant aN politties and renewals thereof shah b held by cM Assoaation. AN detailed dssigrsatans by tM Mortgage vvlrch are accepted by tM Asoociatan and all agresrrtents between Mortgagor and Association ralatrq to irtstrrsrsce. now exntug a hereafter made. shalt be m writwsp and nhaN be a part of tlxs mortgage sgrserttent as fully as though set brth varbstim herein and shah govern both parties Mreto and their successors and assigns. No licit upon any of sad pdicies of tnsuranu or upon any nffmd or ntum premium wfsiclt maybe payable on rite grtceltatton or termination thereof. shah Ds given to other tlsan tM Assoaation, except by proper trrtdorserrient aftued to such pokey and approved by the Atssociatan. Each polity of xtwrarta shau Mve affixed thereto a ! Standard New Ytxte MoKgagee CIWp without Contribution, rnakrrp aN loss or fosses wrier such policy psysbfs to tM Assodatiort as its uttersst may appear In tM event arty sum or Gums of money bewrtse payabN tMreurtder, tM Association shah flaw tM option to receive end apply tM same on account of tM in- debtedness hereby secured. or to pNmit tM Mortgagor to receive and ass it. tx any part ttteraof. without thereby wsivirig or impairing any equity, lien or right under and by vuttie of this rtartgaga In evaM of loss or pliystcal darttags to tM rttortgsgtd property. tM Mortgagor stsaN give irnntediate notice thereof by mad i to tM Asstxistion end tM Association may melee proof of bas if the prise is not made pomptly by tM Mortgagor. In event of forecbswe of this mortgage. or i other trsrufer of atls to tM mortgaged property. in extinguishment of tM irdabtsdrttp ssasred hereby. sN right. title and interest of tM Mortgage m and to airy maursrtce pofrciss then n fore sMN pep to tM purchper d grantee. TM Mortgagor further agrees to abide by tM rules and sxistirp rsgulatans of tM Assocatwn, m oorrtsction with regiered inwrartu coverage of the property herein enwrribsrsd ~ aecel„ea • a ` In Peyntsnt of Taxfas ~ F'; ~ Due On Class "C" Intargib{ePersonalProperty, y . ~ J- ~ il M A . _ ; ~ ~ ~ Pursuant To Chapter. 71. 134, Acts Of 1871. `t ! ~~f !3 S ROGER POITRAS 9~js _ ~ ~ 5 Clerk Circuit Court. St. Lucie. CO., Fla. 4 Paragraph 4 and those which follow are contairtad tin tM reveres side of this mortgage and by nfsrenee errs incorporated into tM body of this mortgage. The terms Mortgagor end Ataociatwn, whenever used in this instrument, shall ir?Nude tM Mirs, pasorial representatives, successors or assigns of tM respective parties Hereto. WMraver used, the singular number shall include the plural and tM plural the singular, and [M use of any gender shall include all genders. IN WITNESS WHEREOF, these premises have been executed on tM day and year fiat above written. S~pried, seated and dNiverad m tM presence ot: y' ' r// ~ / • , ~ ISEALI . E. N i ISEALI (SEALI J FLORIDA ~ - STATE OF COUNTY OF..i~" • `li Ma~ , 1919 by , t The foregoing instrurnMit was acknowledged before me this day of ~ e f JOHN J . FON and KAREN B . FON , husband and .wife t ~ - / ~ ~ ~ a - ~ My commission exif0~ _ My CO+~wtlSSlpttt SPIT ~ t9ti0 '•~D 11 [ ~ fb~/K ly,~ Notary Public, Su f ,r' . L:'.a r