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. ~ THIS MORTGAGE INDENTURE c-381A kc ~
e=.n+~ n~a a•v W June .Z . ~?.o., » ?9. w • ~ 53444 -2 '
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JOffi~ AI~AN MALKSR and PATRICIA B. NALKRR, hueband and ~vife ~~~9
o.•M o~ a» ~i~st v.~~ (n.r.inaa. wad Mo.a•oort, to '
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~ ~
, eo.~w..~a~ •x~c~n~ ~oa.. a. bw. a m. uMaa sua~ a wm..iea~ w~a w ai...oo~a o.r~ ~nK.n.h« eN~w a+. A,wriaNa+?. i
MIITNESSETH, Th~t fw dinpa oood ~nd vN~wbN comidKStioro. and eo Narn tM P~1?m~nt of dk apprp~a wm ol mon~Y Mnwd io dN promipwr eaa ol evrn d~~~ ?
hK~with, Mna++fb? n~tia~l, to~etlw w~th int~t d~~ and MI oNw w~ of mon~y wcund fw+bY ~s M.~in~far Orarid~d. tM MlatOpor dws 9rant, bn9+~~. seM.
slqn, nmis. rN~a~. conwy and tonfinn ueto tM Awa~+tion, in IN ~ep4. tM lollowiny dac~ib~d nM ~suq. ot which tl+~ Mort9por is ~ow ais~d snd posussM .nd m
ae~w~ aou~+an. a~wa ~n an coun~y or St . Luci e , saa a F~o.~. ~.wur a~,c,~e.a #
~+a~ Condominium Parcel No. 561? of Golf Villas, a Coudominium ae per the ;
Declaration of Condoa~inium thereof~ recorded in Official Records Book 302, ~
Pagee 1850 through 1326, as amended by Certificate of Amendment, recorded
in Ofllcial Records Book 306, Pages 2991 through 3Q06, all of the Public
Recorda of St. Lucie County, Florida. `
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SUBJ~CT TO terms and oonditiona of above Declaxation of Condominium and ~
AmendQent thereto.
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ToGET?~Ea vr~M all ftructw~t sMf imp~ownNnq now and hNMitw on said Isnd ~nd tM tixtuhf ~1pCINd Me~~to. aiso ~oy~~nK w~in a~i ana s~nyui« ~n. ~.oen,anu. ~
funditan+~nes„ ~s~ntt~ ripsrian riphb and appuransrKw tMreueto bNonyiig, o? in anll wis~ sppatsiniop, and ~Ae rMts, issws. and protits tlw~of, and a1w sN the ~sute.
rght, titN. intertst and NI elsims and dM~k wMtso~~. st wMl in liw at in puity, of fiid MortstpOr in ind to tM strne. and w~ry psrt and O~al thi~~of, and also sll y~s ;
snd ~bct?it tixturos. rsdi~tat, Matsrs. ~ co~~ditioni~Y ~WipnMt, m~chinpy, boi~MS. wnp~s. ~1~vstorf snd motws bsthtubi. iinks, vwtw tlMtq. wstw bit~ns. D~Pa. ~
fauoeri, and odw P~~Y snd hatug fixtws~. m~ntNs, nfriw?~tinp plseu and iw boxes, window scnMS. ~crea~ doon. wn~ti~ Winds. stonn dwtt~rs and swmnys, which
arc now w m~y INrMite~ Paqin to or b~ vad with, in a on said Pr~nifa. ww? thaqh tMy b~ deucMd w d~tsclubM, an ~nd fMll b~ dwnNd to b~ lixtura snd accessio~a
~o cM In~Aotd snd a part ot th~ nilry. snd, if tlr atiove d~cri0~d propaty is oow or fAMI Aerwt~K b~ uf~d tpr conrnercial purpaes. M~n tM furnitun snd (ureishings and
any npUpm~na dw~of whicA m~~ 0~ own~d bY iM Mwty~por ard wlNrh a?~ iww or e~sy he~wlqr b~ lotsqd ~pa~ tM wove dntrib~d P~aW?b-
TO HAVE AND TO HOLO tAe fwnt, togetMr with atl tM ~stst~, riyAt, titN. inursst, haMStesd. dowu and rght ol dowK. tparsb ~stste. p~~on. tlaim snd
demand whstsw~rK. in law o. in puity, ot tM ssid Maty~por in snd to tAe sxM. snd e~+e.y psn ttweol. unto th~ said Auociation in fu sirtipb.
TM Mortqtpor htreby towNnts with tM Assot~aian tMt tM Mortyayor a ird~itssibly ftibd w~th ths a~soluq a~d fes timple titN to ssid property. and hst full power.
and Iswful autl~oriq M all. conv~y. tnnsiK and mor[yspt tM sarnr, thst it sl?sll b~ Iswful at any time Mr~aflK for the Associsian to ppo~ably snd qu~tly eneer upa~. ~
have. IwW and Mjoy s~id propaty. snd trery part thu~ol: thit said property is tr~t snd ditthxy~d Irom all I~ee~s, entumbrsnoes, and Naims o1 sny kind, ineluding ux~s and ~
3sfEffOfMtf, fxtlpt lA! IiM hl~pf, vrAich is s tint lien oo s~id propKty: tAst th~ Mortgspa will msk~ wch furths~ assupnas to pM~et tM fe~ simpN titb to ssid property ~
m ~M Association as rnay reasonaWy b~ rpuind: and tAst the Mort9sgor do~s hereby lully wanant umo tM Auociation tM titk ~o ssid propaty snd vri~l def~nd sxrie
agamst tM matpsp~ c4ims sed denw~ds ot sN pusons wA~omsoevK.
NOW, THEREFORE, the conditan oi t1~is mortysgt is wd~ thst if thr Maty~por dall Mwlt ~nd truly psy ueto the Auoeistao, tM indebtedrwss f
evidenc~d by that catsin promissory not~. ot ~rM daa AenwitA, a~ad~ by the Nlortqsga and p~yab4 to ihe Associst~on, in tM p~MCipa~ wm
o,----------------~HIRTY-FIV$ THOUSAND, ONB HUNDRSD---------- DOLIARS ~
~s 35 ,100 • 00 1, topetha wiM interat as tl+ereio sut~d, Payabk we~ ~~m o~ .'~OO mon~hs, and sMall
pe+iorm, comply with snd sbide by ~adi and eray the stipulatioeK, spreanents, conditans snd covenants conuinsd ancl set IatA in this mwtgaqe snd in ~he promissory no~e
secured hereby. thln thit mortyag~ and ths Ktsb henbY a~aqd sAall cias~ snd be null snd void.
AND tM Matypor do~s hM~bY oown~M ~nd prN: - ~
1. To p~y s~ ad sinpular th~ pineipN ~rW int~nst and otlrr suna of mornY WY~ M~ virtw d said piomasory not~ and Urs matp~p~. a~itMr. PromDW on c
ths d~YS ~p~C~ryMY tM sMm sw~nrll b~oonN du~. ~
2- To psy MI ud sin~4r tn~ taxa. as~ssrmnts. otMr po~vMnn~nut Mvi~s. li~biitiu. obbp~daa and ~ncumbrs~o~s ot w~rY ~tun on s~d dMa~b~d P~oD~Y
snd th~ nlatsd d~bt aea+isition MCN ~nd ~r~rY wlrn dw and WYM~M W IMw, bNon IMY b~con~ dMi~Wu~~t aW. if tM tam~ shaN not b~ prompW
psid. tM Assoeiation m~y ~t ~ny tim~. ~ithK bNon a~tta d~M~quMxy. WY tlw art» nnthout wsivinp or aff~etnp tM aption to ta~elos~. or +nY ripht
hsreund~r. and ~very psynNnt so m~ sh~N bs~? int~r~st trom dN d~U dNrwt at 1M rate ot
3. That the Mortyspa ww~ kep aM rNl ~nd p~sonal ProDK~Y now a Iwrwha ~ncumb~red bY tM Hsn ol tlrs mortpsp~ insw~d ~s rt?sY b~ nWirod from tims w
nme by tlx Assoastion ap~ir~st bu by Tin. windstorm and otMr Aazards. caualti~s and oontinpN+c~s ia sucA p~riods ~nd fa not Ips Urn such amouna as
may bs rsquwsd by tM Astowt~on ad to p~y prompthr wMn dw atl pr~miums for wch ~nswance. Mortyspa ~pnss to ddivs~ nnhwsl ot npl~cement
pd~ass ot sny nnuro w rplacertNm c~rObcate~ of inw~ana to tM As~owtion. st Nsst an ( t O) days prior w ths ~piration «srwryasary dan o! ths e,cisw~p
policies. The amounts o/ wuurxfq nQuind ~Y tM Astoa~tion ~haN bs mirimum amow~ts fa which said inswann shW br writrm snd it shsY b~ ina?mbsnt
upon ths Mort~sya ta mainun wd~ ~dditionN inwqna ss rMY b~ r~qssKy to m~et ~nd comply fi~My with aM oo-irqw~nos nquir~m~nis oontair»d in ssid
pdiass oo tns end that s~id ~Aortp~po. is na ~ ao-i~awa tl?~rwndM. ~roursea sh~N b~ wriscen bb ~~Y a oomp~~s +vDrowd or daipnttsd br 1M
nuo~~~ a~a aa oox~.s .~e ~.~.wais ~.or sn.r e. nsw br a~. ~ssoaa~. i?r aw.a d..qrwuo~a by tn. ~o.oo. wnKn .co~.a er u»
ns,ociation ane w.yr..m.na e.n~..n MoKp.oo. ana A»oa.aon.wtinp to:~sw.nc.. now.xiscinp w n....n.. msd.. snsd bs in w.innp.rw sh~d be ~ w~
ot tMs matp~ps apre~m~nt ~s tuNY ~s d~ouph s~t iorth v~rb~tim f~~in and NwN qu~w~n both P~rWS hsnW snd tlwk wc~ssors and ~sfipns. No lien uP~ +~Y
oi said Doliaes of inwance or ~POn a~M ntw~d a naxn Phrrw~+m whicA mry b~ p~y~bM on tlr canaN~tion or armination tAsrwt. sMM b~ yiwn to otMr dw~
the Aswci~tion. encept EY D?op~r ~ndon~r~wnt atfiz~d to wd~ po6ey a+d ~DP~~ ~ tM Assoeiation. Each DolieY d ins~ane~ ah~Y haw aifiY~d thsnto s
Sundard New York Mo~tyapN C1sup witlwut CoMnbution, m~kinp ~II bss w bsNS w~d~r Mrch poky payabls to th~ Associ~tion ~s its inUr~st m~y appsx.
1~ ths we~t sny wm w sums oi mor~r bieon» DhnbM th~rwrd~r. tM A»oaation ~M h~v~ th~ option to nc~iva snd ~vPh tM sarn~ on axamt ot Ua ~n-
dsbt~ss Mr~lrY ssau~d. or to PKmit tM Matp~pa to nc~iw ~nd up il. or ~nV Dirt tMr~oi. without thenh'p waivinp a~mpsir~p ~^Y !Q~nY. lia~ or npht
i under ~nd by v~rtus ot dps mortpsq~. ln wM?t of bn or plfypcM O~mp~ to tlr mortY~~ V~P«tY. tlM Mwty~por sINN yiw ie~m~diaU oobos th~not by m~il
to ths Associatbn and th~ Assxiation map msb prool a las if tM sam~ is not m~ D~PW Mi th~ Mortypo?. In w~nt of tohdosw~ ot this matyspa. a
~ ott+sr u~nster ol tids to tM mortpap~d ProP«h~. in ~xtinpuahnMnt W iM N+d~bt~dn~a s~cw~d hw~bll. sM ripht b1N ~nd mbnst of d» Mortp~por in ~nd to
' snY mwants Odities tMn in forc~ shW D~ss to tM P~~? ot pr~ntN. TM Mortp~pot iwthK ~prs~s to sb~d~ bU th~ rul~s ~nd ~ristinY ~pul~tions of tht
~ Assopation. in carNCtion with r~quir~d inwrYrc~ tov~?p~ of th~ prop~AY hKNn ~nq~mbM~d.
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~ ~~i,llMENTAKY~---•:;~ fll PAYStftR Of TAXES
! _ _ _ S Tla M F~' Ob~ ON CLASS 'C' IN7A.s'6:ot E P:PS's.":`.! ?:±9:fRn~ ~
`JF ftEYE?1JE ,'_~•o-'~!` ~
1.%.,-. PHRSUJUT TO C!!A?T.R 71•1y1 ~~iS ~f 18)1.,
_ .liiL a~T~ t' ' S Z. s 5, RuGFR PL1iPAS •r+l,r~
~ F,e a~ - ~ ~t i~11R~ i~ W4E 01~.11~ ~6 . ~
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4 Psr~prsph 4 and thoa whid~ (dbw ~n contawwd an tM nwra~ ~id~ af Mia mortyp~ ~nd bY nt«w+w an moorDO?aad ~noo tM bcdY o( this maty~p~.
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The terrns Mwtg~por and A~ociatan, whe~wer us~d i~ this insvumen~, da11 inelud~ the hein. D«~onsl rpra~nutiNS, aiooa~on o. aaiyns o1 the ryqaivs Pa~»s :
hereto. 1MN«vM uNd, tM sinpular rwnlber fhall intAede tM plural snd Ne plursl tht finyulsr. snd the uf! o( any y~r~d~r sha11 indud~ all pMdws. ~
IN TNESS MMMERE thae pr b~en ~:~eut~d on tht Cay and yNr fint abar~ viwitNn.
~nd M tAf OI:
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~ - PA A B. ~IAL R ISEAL) ~
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~ STATE OF FLORIDA cour~m oF Br~.~ • . - s
The torego~ng insuume~t wn xknowl~dy~d b~fon m~ ~hn dsy of ~ 19i+L by ~ ~ ~
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JOHN ALAN WALI~R a.nd PATItICIA B. W anc~ wife
•Ti O( ••.:dtt:~ f' ?/VC~~~"`' - L~NOER ~
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