HomeMy WebLinkAbout1886 4496'74
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- THIS MORTGAGE INDENTURE
Ex«„ua u?w 18tha,~ oi June . ~979 , e~r .
JACK D. 3SIBOLD and DIANN$ H. SSIBOLD, hueband aad wife
pxty ot tM tust prt IhK~ititq. cMMd 1Aor~y~pa1. to
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~
a corpastion ~:istinp undK ~M bwt of tIN Unit~d St~ta ol Am~nts. party ol tM t~cved par~ IM~~u?dter es14d tM Auocatanl.
WITNESSETH. Th~t tw diw~s pood ~nd vMusbN coasidKat~ons and to wcur~ tM pslrrnMt ot tAe +q~eyau wm of moMy nsrtrd ~n ~M Wom~sso~Y ~o~e ot even da~e
nerewitA, 1Kr~in~fu. men~ia»d. toyethK w~th interM tMrwn ~nd sll Othp ~xm ol mon~y saund ha~bY ss htrtaultw Wwid~d. ~he Mo.~y~qor dws 9~am, ba~pam. se11,
a~~n, nrna~. nMsw. C011Y~Y illd COflINT Yf110 tM AfiOt~i11011. YI IM fMAP~~. ~h~ 1o11ow~np detn~bd rNl Ktst~. ol wh~ch ~ht Mor~ysgor ~s eaw sNtM and possessal arwf m
x~~,~ w~wa ~n. co~~~r o~ ' 3t . Luci e . s~~~. oi cw.~d,. i~uY ~~~~a
Condominium Parcel No. 5514 of Golf Villas ~ a Condominium as per the -
Declaration of Condominium thereo~, recorded in Official Records Book
302, Pa.gee 1250 through 1826, a.s ameaded by Certifica~e oY Amendment,
recorded in Official Recorda Book 306, Pages 2991 through 3006, all
ot the Public Records of 3t. Lucie County, Florida.
3UB.T~CT TO terms and conditiona o~ above Declaration of Coadominium and
Amendment thereto. -
~
TOGETHER wi~h all struetwes and ~rnprov~en~n~s oow snd hKWtu. on said Isnd +od th~ IiaWrK ~tqCAld iAaNO. slw toge~he+ w~~h sll snd s~rgular ~he unemems.
he~~d~tsrtwnts, ~nt; ripr~an ryhts and appurqnsnca ttwsunto bNag~np, o~ n++ny w~s~ aDD~~u/niny, and tAt r~~ts. iswes, ar?d prol~ts thereot, snd alsc all ~he estafe.
r~gM, titk. u+~N~s~ sod +u c~+i~ro snd de^?rds w~utsw„a. ~s wN~ in Iaw as in puety, of said Maigapor in and to cM ssrtN. sncl sw.v D~~ ~ W~~ t~~f, and alw all gas
and datric fiatuns, rsduton. Mstcrs, aw caWi~ionieg pui~rtNM. ~n+chinNY. baNrs. rang~s. s~ewtas and mo~at, bsthtubs, s+nts. vwte~ Nosets, wate~ bas~~s. wv~s. ~
fwctti, and otAe~ plumb~nY and h~atin9 (ixtures, ms~?lNs, rttriyersting pty?s and iee buaes. w~ndow x:reens. urse^ do°~s, v~^~tisn Wi~ds. stam shutters and awmngs, which
are now a msy herqtttr pe~uin to or b~ ussd w~M, in a on ssid pnm~ias. ~ven ~hou9h ~heY ~~~x~ a~~~'~• x~ ~"d sha~1 be dse~ned to b~ Iix~wes and acccss~om
to tM tnehold snd ~ part ol tM rta~ty. snd. it tAe sDorf d~stnb~d PropNtY n now a s~l hereat[er be usld lor commertia~ pu~poses. tAM tAe furniture snd fwmsh~n9s and
any raplsteentntt ther~ol whith msy bt Own~d MI tM Matgagor snd which x! raw w n?aY hertalte. be lotated ~Pa? the abo~rt deunb~d Wope~tY-
TO NAVE ANO TO HOLO the same. together rwM all U~e esute. rgAt, t~?b. in?aes~, 1~ort?es~ead. dower and rgh~ ot dowe.. sepa~a~eesute. possesswn, cla.m and
demsnd whatsoeve.. in law o~ in pui[y, oi tAe ssd Matgsgw ~n and to the sarne. and e~re~v P~[ th~reot. uMO the sa~d Assocwtron m Iee s.mPle- and has tun
TM 1~{w[gapor Mnby covsnann w~th tM Assocution iAa~ ~he Mw~gapo~ a ~ndeteas~Wy se~zed w~~h the absoiu[e and tae swnpk [i~1e w sa~d poper W. P°1~'.
and larrful suthauy to sfU, corrvey. trsnsler snd mort~ ihe saree: that it shall be lawlul at any twne herosl~er 1« ~M AssocN~ron ~o pexeaar ~ v~K~h~ ~^?r upon.
have. Add a~d e~loY saul WopertY. ~~Y Dxt therMl: thst sad propertY is Iree and d~sthsrgeA Irom sli IKns. encumbrsnces. and cla~ms ol any k~nd, ~t+clud~ng ~aaes arM
assessrnents. exppf the t~ hereof, wh~ch a a lus~ I~en on said properiv: ~ha~ ~he Macgagor w~ll make wch Iw~hcr aswrances io perteei ~he fee s~mpk ~~~b ~o sa~d Woper~r
~n ~he Auoc~auon ss may rcasonaWY ~ rpu~nd: and tAat the Mo~tgago~ does Aereby fully wanant un[o Ihe Assot~stwn the titk to said Wo[x~ty a.id w~ll de1~ sarne
aqa~nst the mwtyaqe cis~ms and derrynds ot a11 persons vrhomsoever-
NOV1f. THEREFORE. the tond~tion o1 this mortgage n such that ~I tl~e Matgagpr _s~+s~l well and truly psy unto 1he Assocwtron. the ~ndebtccfness
e,,,,)en~~d by tAat tauin promissory note, ot ~vt~ date herew~th, rtwde bY the Mo't9ago~ a~d WY~ to tlx Auocist~, m ti~e D~~~~WI wm
o, -----------THIRTY-FIVS THOU3AND~ ON$ HtJNDRSD--------- oo~~ARs
. R.. ~ 348 ~„s~.s_-~
IS 3~7 ~ lU V~~ V 1. together vMtn m~eres~ a ine~e.n siaieu'. y:yw,:'s ~s: e:~:-
perfwm, comply vMth and ~bde by eaeh and every the supulat~ons. ag~eanents. cond~t~o~s and covenan~s conu~ned and set forth ~n M~s mo+tgage and ~n the prom~ssorY nou
secured her~by. then this mortgape and the estat~ hKeby trestad shall cease and be null snd vo~d. .
AND ths Matyspw dws Mnby o0v~nt a~d ap~»:
t. To paY aU and s~npulH tM pnneip~l and int~nst and otMr wms ot morny p~yabh bY vutw o~ ssd prom~ssay nou snd this monys~. a athsr. pranpth ~
the days resp~ctivdy tM sarn~ nwrallY b~com~ dw-
nw
2. To WY sq ~rwi w~pular tn~ ta:~s. ewsMna?q. othK Yw~r^m~^tN I~vi~s. habMUSS. oW~p~uons and encumbr~ncas of ewry nsture on ss~d descr~bed P~~tY
snd tM related d~bt stquit~tion ~ad~ u~d w~rr wtrn dw ~nd p~y~bN ~cadw+D to I~w. bNa~ thsy bscwn~ dNa+que^t ~nd. ~f th~ s~m~ shall not bs p~omP~b
psd. ths Associ~twn rrNy ~t ury tim~. ~itMr bNon w ~ftK dsMnv~~Y• WY th~ sarn~ w~ttwut wanw+a a di~ctaw tM oPtan m toncbse. or srrv ?pht
nereundar. snd wsrr wym~nt so m~ sh~u war ~otK~st trom th~ date inawf st ths aa ot 1S% p@Y' Slllll1111.
pp 3 Thst the Mortgspa wu~ kesp aN rpt and PK~+~ P~~tY now a fi~ruh~? a~cumbK~d bY ths ber? ot ths mortppe unurad as may D~ roWusd hom ame to
~'a ame by t?K Assouatan sysiint bss by (~n. nnndstam ~nd ott~ huuds. cawslues ~nd contr+psr+ues tor wcA Pe?wds snd tor not Isss thsn wch amoun~s ss
-p m may bs ~sQuued bY tM AsfocNtio~ ~nd to WY D~WW wMn dw ~N p~m~ms la wch utwrsnce. Matyspw ay?ses to dehve~ r~wsl d rsplxemem
~ d pobc~es ot sny natun or npla~wmnt cKaficat~s o( inwranw to tM Assocutan. ~t Iwst tsn (10) dsYS P~wr to tM eip~?~twn a srwverssry dats d the ex~stup
a Q ~ 01 Pd~t~ss. Ths amounts o/ gawu~ ~~q~w~d bY tM Atsoa~UOn shaN b~ mwwmum smouna 1a vrlrch s~d insw~eu shsfl bs wntt~n ~nd ~t shaH bs ~ncumbsnt
o~ ~ up°^ the Mortqs~w ta mai~Uin wch addtion~l i~aunnu ~s msY a nsc~s~~Y to meet u~d oomplY hdh vmth sN arr~wrsnce ~sqwrtmsnts cowb~n~d m sad .
' i t~d ths
pohaes to ths snd that said Mortp~yor a not ~ co-inwror tMrwMsr- tnwnnt~ sh~U W wnttsn b1l ~ oompsnY a oo~~W~ ~PD~~~ a~ bY
p L~ Assoaation snJ a11 poMci~s ard nn~wab tMrwt sh~N b~ MNf M ths Assowuon All dsad«! desgnsc~ons by the Mortpapa w~wch sn sccePtsd by ths
i v,: ~ an ~a Assoc~st~on sne su a9res~+¦+a b.n~n ?~on~o. ~nd ~ssocuoon ..wwp co w,w~.nu. now wst?~w o~ nsrsans. rt,ads. snsu ee ~ wnw~y and snax bs s psn
f S~ oi ths mortyaps aqrs~ment ~s fu1~Y ss tha+ph s~t W~th v~Wnm tww+ ~nd shW povan both p~rt~es Mnto snd d~ur sucussors ~nd ssspns. No I~? Wa+ a~Y
i ~ ot ssd Pdiaes ot iroursnu a upo~ ~~Y n(und o~ nwm pnmwm wlrch may b~ payN~ on tM csnceWmn a tsrmu~ata~ thereof. sMU bs p~wn to other thsn
the Assoustion. ~xceW bY D~oP~? ~ndon~mM~t ~Ifi~ud to such DdrcY and aPPrw+d bY tM Assocutwn. csch poFcy of uKwsnq shsM hsv~ ~tfuesd thereto a
C ~
~ Sundsrd New York MwtqpM Cbus~ vmthout Contnbutan. makmp all loss a los~as wd~ such P~Y MYsbN to ths AssonaLOn ~s its wite~~st msy sppear
` ~~7
a~ ~ tn N+e event ury wm or s~ma ot mawll bK~ WY~bN tMnund~r. d+s Asmuation shslt Mve ehs optan to rece~w and soDM tM ssms on ~ccown of ths ~n-
~ p 3 j debtedn~s hsreby secured. a to Dermit tM Mortppo~ to r~uiv~ an0 us~ it. or ~nY Dm thsreoi. nnthout tMnby w~~v~np w~mW~nrW anY ~W~ty. lrn or rpht
~l; i"' under snd by virtw o/ this mortyp~. l~ ~wot ot loss o? physitN dimp~ to ths rtwrtpap~d Dropsrh. the Mortpapw shaN pne ~mm~d~st~ rotice tAs~ed bY msd
c d ~ N to ths Assoc~sbon snd tM Associstion maY make P~~ M bss H tAs sams is not m~ D~~P~M DY ths Mortpspor. In sverrc ol (a~cbswe of th~s mortqays. a
otnar crsnster of t~tle to u+~ morty+p~d PropKtr. ~n e:tmpuahm~nt of U+s ~ndsbeednsss secund nersey. +u nyM. c~w ana ~ncsrest of ths Mwtpa~a in •nd to
d
~ `f' ~ ~ any insursnte pohaes thp~ in torte shaY p~ss to tl» P~~~ « W~nte~. The Mortpspo~ further sprsss to ~bds M ths rulss ~nd s~ust~+y rsyulatwns ot the
~ ~ Q,. AssQC~stion. m torr~ectwn wiM roWW~d msurM~u tw~rsp~ of iM Dr~~Y Mrw+ ~ncumbered.
kECQYED '~tr`" 11! FA5'SfC!R t?f 74XLS
CUf QM Ci'-SS 'C' iNT~3tG'8.F r":::.: ~ FY:~rERTY,
Fu'~_'.?I: iJ :n.vTz'1 ?!-:'4. ~..15 Gf i97L
A~<<8 F;,iT:.AS
~ C1:NX Cid.{ftT tS:ii~T, ST. Lll.ktF f.~~ fL~
~
4 Parsgaph 4 and thoss w?wch fdlow ~n conq~n~d on tM r~wrs~ sds d tMs mortpaps u+d bY nfsrs~ce ars uxapor~tsd mto ths body of tha mwty~ys
The tcrms Matqagw and Auoastwn, whenrver used m tMS msvumem, sAa11 ~nclude ~he heus. persona~ rep~esenu~~ves, wccessors o. assgns of the respcc~~ve pa.ues
~ . hereto. Wl~evN usld. the s~ngulsr numbe~ sha~l ~nc{ude tAe p~urst and the plural ~Ae yngulsr. and tl~e use of sny gertder sl~all intluda all genders.
IN WITNE55 NMEREOF, tAete ptertnses hsvt ba~n txecuted on the day snd year first above rK~tten.
~ S,c~~d, ksled y~d dNrvered m tAe presence of: 1.
1\
~ ~ ' 1% ISEAI.I
~ a.. ey JA D. SSIBO
~ ~
~ ISEALI
~ ary , es DI N$ B LD ~
~ ISEAL!
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:e
ISEALI
~ ~ .
~r STATE OF MICHIGA,'~i COUNTV OF I J// ~ ~
~9?9 b,? .
The faegwng ~nstrume~t wss xknowkdqed befon me tha .
JACK D. SSIBOLD and DIANN$ H~.~~w ; , ~,~band and wife ~
- "s ~ - ND~ER
My comm~uwn eiqr~s ~ . ~ -
- •r' . FRi.. '~ES Anc~K~-+
~ 1~/~w1rP~aK. s„~. e+ ~
~ ~ ? R 311 1885 ~ . _ .__~~m M~. _
~ f' ~ FY~~~res Morch 16, 1983