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~ ~ THISMORTGAGEYNDENTURE 53740-2
Eaacut~d Ih~s ~1 day o~ ~ay , A.~•• 1979 • M 4`~VV~6 W1t 4~/i
DANIEL A.~SIMANAITIS and DOLORES D. SI~iANAITIS, husband and wife 'Q,
par~y ot UK hn~ pa.t 11we~natq. ca11~d Ma~qagorl. to ~
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION
a capo~»wn ea~i~~ng undes the laws ol tM Umted S~a~es ol AmerKa, pa.~y of the second pa~i (Aaeenalta calkd ~M Assocu~~onl,
WITNESSETH, That for dlve~s yood and vslu~ble cons~de~a~~ons, a~d to securo ~I?e payment ol tne aggrogate wm o1 rrwn~y narned ~n itie w~~ss~rr note ul eren ~l.+te
Aerenn~h, here~natier mcnua~ed. toqelhe~ w~th inter~st tht~wn u~d ail othaa wms of moneY setured he~eby ss hereenalta pronded. ~he Mw~gagor does yram, t?uye~n. u11,
al~e~. r~m~se. r~lease. convey and conlam unto th~ Assocalan. In I~e s~mpN. ~M lollovwry descr~b~d r~al esute. ol whKh ~he Mor~gagw ~s now se~red arxl posusse~l e~xl m
xwa~ v~iesswo. s~~w~e,n ine ca,ow ot St . LLiC 16 . s~~~e oi Fio~~. ~ev~u~ ~~~~~,e~+
n ra~s:
Condominium Parcel No. 542? of Golf Villas, a Condominium as per the Declara-
tion 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.
SUBJ~CT TO reservations, easements and restrictions of record.
Tt'r.~i£TFiER w~tr. :~S ii~u~t~re: and :~..pr~:-~.ren:s naw snd lsareatsr on x~ !3^~! a^~! !he f~,ctu•ss attacheA ~heve~o, alr,n ~nge~he~ Mn~h all sncf s~naula. the ienements.
hCtd~tamN~(S. !dfltnlnit. r~par~an r~ghii and appuitenanCK the~lunt0 bllongug, W ~n any w~s! dppl~ta~mrg, and ~he ren~s. ~ssues. and prot~ts thereof, end also a~l the es~ate,
.~ght, ~itk. ~nteres~ and alt cla~ms and demsnds whatsoeve.. ss well m law as m eyw~y, ot sa~cllAor~qagor m and w tlx sartro. arx/ evaY P~~ arul pa~cel [he~eof, anJ a~sn 3~1 gas
and Neunc hatures, rad~atas, heaters, ae cond~twn~ng equ~pment, machmery, bo~leis, rarw;es, t~evato~s and motws, bd1AlU~IS, S~nki, Witlt CIOYIS, W3IN bas~~s, p~pes.
faucets. and oU~e~ plumMng a~d hea~~~g f~rwres. mantNs. re(rgerat~rg pfans and rce bo¦es. wmdow xreens. xreen doo~s. venetun bl~mis. storm shu~~ers and awn~nqs. wh~ch
a~e now o~ msy he~eat~er pe~la~n ~o o~ 6e used vw~h, ~n a on sa~d pem~ses. even 1hou9h theY t~e detxhed or detxhaWe. a~e and sAa~l be deertied to tie I~atures arnl .+ccess~ons
to ~be ~reeAOld and a pa~t ol ~he reatty, and, if the aDOVe descn[x+f property ~s now o. shatl hereahe~ We used ~or commaual pu~poses, tAen the Iwmtwe amf Iwmshmgs arof
any replxerMnts IAE~lol wh~th may b! OwnlO b~ th! MOrigagor and wh~ch a~e ~wrr o~ may he~eafte~ be located upon the above des[~ibed prope~~V
TO HAVE ANO TO HOLD the sarne. ~oge~he~ w~th all ~he es~ace, nyh~, tn1e,. mteres~, nome:tead, do.ve. and ngh~ ol dower, xpa~are esta~e, posseu~rm, c~em~ ~ncf
cfrmand whatsoeve~. m law or ~n equ~tY. ot me sa~d Mo~egagor ~n and to tl~e same. ancf eve~y the~eut, un~o ~I~e sa~d Auociat~on ~n lee s~mple.
TAe Mo~tgago~ hereby covenu+ts w~th the Assouat~on that tAe Mo.t9aqor is ~rnlefeas~bty se~red wuh the atxotute and fee s~mple u~k to sa~d p.opaty, e~J Aas lull {wwe~.
a~d lawful autnonty to x11, corwey. ~~ansle~ and mortgage tne same. thai it shall be lewful a~ any txne he~eal~er lor the Assouation to peateaWy and yu~etly en~e~ upon,
nave, holA anef en~oy sa~d prope~ty, aixi every part tAe~eo~: that sa~d WopertY ~s f~~e and d~uha~9e~ I~om all i~e~s, enwmt„ances, and cta~ms ol a~y kind, ~nctud~rg t,,aes end
autssments, e+~cepf tAe I~M he~eo~, v~h~ch ~s a h~st hen oo sald p~oNerly. ~ha~ the Mortga9or wdl make such tu~~her assurances w perlect the f~e s~mp~e t~tle ~o sa~d V~We~~Y
m~Ae Assocwt~on as may reasonat~ly Ae requued. and that tne hlo~tga9o~ does Aereby fu11y warrant unto the Assocwuon 1Ae t~tle ~o saKl propeNy and wdl ~lefend same
aqa~nst tAe rtwrtgage cla~ms and dernands ol all pnsons whomsoeve~.
NOW. THEREFORE. the cond~uon ul tAis mortgage n such tAat J tAe Mor~ga9o~ shaU we11 and uuly pay unto the Assouahon, the ~ncfebte~Inrss ~
e„~denced by tAat cersa~n prom~sswY note. 01 ¢~ren da~e herew~th, made try ~he Mo.~gagor and Pav~k to tbe Assoaahon, ~n Me p~~*~c~pat wm
--------THIRTY-EIGHT THOUSAND, THREE HUNDRED--------- OOLLARS
I$ 3~ ~ 300 . ~0 1, together wntfi ~nte~esl as the~e~n slated, payaWe over a ~erm ol 348 mon~hs, and s1~a~l
perlorm, comply w~th a~d atHde by eath and every the St~pulat~ons, ag~eemEnts, cond~~w~i ancf cwenants con~a~ned ancf set forth ~n ~A+s mo~~gage aMf ~n tAe Wom~ss~.y no~e
sxured he.eby, then th~s mortga9e and the estate he~cby c~eated sha~t cease Dnd be rw~~ and vo~d.
~ ANO,the Mortgagor does he+sbY coven~nt and prss
1 To pay all and smgular ths pnnapsl and u~ternt and other wms of money psYSD1e by nrtue ol sad prom~ssory note and th~s matpage. w either. pron+pthr o~
thE diys reSpettnely t11! SirtM s~vl~illr LVCOmO due
2 To pay a11 and s~ngular tns u:ss. ~sf~ssm~nts. othsr povernmentallewes. h+b~6t~es. oW~ya[rons and encumbrances oi every nature on sa~d descr~betl Woperty
and ihe relaced dsbt ~caws~twn ssch and swry whe~ dus and p~Y~~ ,~~ad~ny to faw. be(ore t?~ey become de~~~uent and. ~f the sams shs11 ~ot be pomptly
pa~d. tne Auoc:aaon may at any ame. srthsr befwe a ahsr dslmqus~+cy paY the sa:ne.wnthout warv~ng or sMecung the optwn to forecbse. Qr any rron~
- hereurWer. and every paYme^t so ~^~de sha~~ bsu ~ntM~st ~rom the date thereot at the rate ot ten pe~ cent (10961 per annum
3 That the Mw!gagor wu~ keep s:1 real and pe?saial propsrty now w hereaher encumbered by the I~en of th,s matQage ~nw~ed as may be rsquusd from urne co
~ ~ ume by the Assoc~atan aga~r,st bss by i~ro. vnndstam and otAer huards. cawatt~rs and conungenc~es fw such perwds and tor not less than wch amoun~s as
maY ~ reQu~red by the Auoaatan and to psy promptly wMn dus all prem~ums ta such ~nwrance Mwtgagor sg~ees to delwer re~ewal a replacement
~ CO poi~aes of any ~aturo w replscsmsnt csrtiheatss ot ~nwr~ncs to the Assoaatwn. st ksst ten I 10) days pr~w to the eapuatwn a annnerssry date ot the ea~sunp
- C~ pol~c~es The amoun•s ol ~nwrsncs requusd by the Assr~stan shall be m~rnmum amounn for wluch ss~d ~nwrsnce shall be wntten and ~t snsu be ~ncumbem
~ S N~ upon the Mcxtgagor t~ ma~nts~n wch sddrtron~l ~nsur~ncs as may be necsst~ry to meet and compiy fullY w~th aIi co-~nwrance rsqu~reme~ts conta~nsd m sad
pol~c~es to the end that sad Mortg~9or n not s co•~nwra thsreunder Insurance shs11 be wntten by a company w comparoes ~ppovsd w das~g~sted by the
Assouatan an.f aN poiw~es snd rCnew,ls thMeot shOti bs F~fd by thB ASSOCNi~Gn A:! detai:ed des+gnat~ons Dy the M~tpagcr wRecR are accepted M rlw~
M Assouatwn and al1 agreemsnts betwsen Matpapor ~nd Assouatron rolat~?p to mwrsnce. now ea~sunp or Aereaher mada. shall be ~n wnunp and sha~~ be a part
ot ~Ms mortgage ag~eement ~s fully ss thouph sst (orth rerb~t~m here~n a~d sha11 yovern both part~es hereto and then succeuors snd ass~9ns No l~en upon any
O'~ o~ sa~d pdK~es ol ~nwrance or upon u+y rofund or roturn prartxum wh~ch may bs payabls on the csncelWtwn or termmatan thereof. shaU be yrven to o~her than
i ~=T ~ O. t1,e Auouata~. except by prope~ sndorsemsnt ~ffued to wth pohty and app~oved b~r the Assoc~atwn Each pobcy ot mw.ancs sha~i hsve aHuesd thereto s
~ S~andard New Yo.k Mo~tgayee Cl~uss nnthout Contnbutan. mak~np sIl bss or losses under such pol~cy paysWe ~o ths Auouatan as ~ts ~nterest msy appear
~ L~~ i In the event any wm or wms oi monay betom! p~YSbls thsreundsr. tha Assoustqn shall have the opt~on to recavs and apply the ssme on atcount o( the ~n-
i debtedness hereby secured. or to permrt the Mwtpapor to r~cervs snd uss rt. ot sny psrt thereof. anthout thersby wamny w~mpau~np any eqwty. Iren w rpht
~ under and by wrtue ot th~a ~tgage In event o/ lost a phys~ca~ damspe ~o tAe mortpapsd propert~r. the Mortgayor shatl grvs ~mmedate notice thereof by mad
i'~' to the Assoc~acan and the Assoua[~on ms~ rruke Woo( ot loss d the ssme ~s not mads Womptly DY che Nlort9a9o~ ~n event of forectowre of ths mortysqe. w
6 ~ 4 ~ N oiher Irans(er ot btle to the mortpspsd propsrty. ~n e;bnpuishment of the mdebtedness setured hereby. ali nght. Utb and mterest of ths Mottgagw ~n and to
~ any mwrance pol~ues ths~ m(orce sha~l p~ss to ths purchsssr a grsntee The Mortga9w furthe~ ag~ees to abde by t1~s rules a~d e:~st~ng regulatans of the
i L Assouatan. m con~ectron nnth rspwred ~nwrsnce tovsrays of the propsrty hermn encumbered
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~ . . . _ - ~ . RE~EYEJ
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et~:~c naew~ cc~T, ss. o~, t't1~
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~ 4 Paragnph 4 and those Ntuch fdfow aro conw~sd on ths reverse s~de or th~s mortpaps sr?d by rofererxe are ~ncorpaated mro the body ot tMs mwtyaps.
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p TAe terms Mwtgsgo~ an.f Assoc~at~on, wheneve. used ~n this ~nstrument, shall ~nclude the heus, personal ~epresematrves, succeswrs w ass~9~s ol rAe respect~ve pa~ ~~es
~ nereto. Wherever used, the s~ngular r.umber shall ~nclude tAe plural and ~he plural the sirgular, snd the use of anY qe r stall inc~ude all gprxfers.
IN WITNESS WHEREOF, tnese ~xem~ses have txen e:ecuted on ~be day and year f wntten. '
~ 5~9^ed, sea1M and ANrverM ~n ~he Wesence ot: , ~ •
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~ , .t~ k•R.MA l..l~ S.t~~F~r,E(. k. ~~-GZ~ c~~ ~~(.G~
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~ ,od,~,.,,,.. t..,.,.:r ,.,,s..,~,XDAN L A . SI ~TYS • .
~ / /~r,. ~ ~ t?Ay.... ~ G.~.~. a
~ DOLORES D. SIbiANAIT S
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~ HONG KONG, CHINA _ I
s~.Mr.~c- ~e°~"''~c- '
~ 7Ae Ipego~rg ~nslrumenl was xknovMedged betpe mt th~s~t a~„ o~ MaX i. ~~~r,~y?~ ~
- > :
DANIEL A. SII?iANAITIS and DOLORES D. SI~iANAI~~$ `~=h _ ,stn d w i f ~
. ~ ~ - ~ t~END~ER
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~ 31i~~~1i ~AD:~L~ NotuYPublit.i'~i4N~•..-._-_ ~f
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