Loading...
HomeMy WebLinkAbout1328 C -375A kc THIS MORTGAGE INDENTURE 451Q21 56253-2 / E..~~b,~,. aa ~.,,a, .rune .,?.0..,9~s ~o ALB$RT I. HONA3BRA and NORMA B. BONA3SItA, huaband and wife pa~y ol iM twit par~ (M«irrtu. u11~d Mw~yayori. to . CHASE FEDERAL SAVINGS AND LOAN_ ASSOCIATION a cwpaqbn ~anunp undK tM Iaws ol th~ Un~ud Stata d Art~~ie+. piffy OI lM f~tOfld pi1~ (~1NlifyltN Cill~d ifN AffOCytqfll. WITNESSETH, Th~l fo~ dwMS 9ood uid w~uaW~ conside~~~ioos, and ~o secure ~M paym~a ol ~h~ spp~~~~ wm oi moMy nankd 1n tM prom~uory no~e o1 even ~f~ie ner~w~th, M~~m~ftK mi~uawd. toptthw vnth inta~s~ thenon snd slt othN wms of mon~y stcur~d I~Nry as heransltN povuNd. !M Ma~qsyo~ doea g~am, ba~ye~n, scll, alNn. r~reu~. rN~as~. tonwy and contwm unto tM Agot~stwn, in IM s~mpN. th~ lollow~nq dncrib~d nal estsq. ol whKh the Matgagor ~s now sared arK! posscued o~xl ~n scwal posass~oo, s~twa in tM Cuunty of st • ~Cie . Su~e ol Fla~da. kgauy ~1esc~~bn1 M~a~~ Condominium Parcel No. 5627 of Golf Villas, a Condoninium ae per ~he Declaration of Condominium thereof, recorded in O~ficial 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 terms and conditions of above Declaratioa of Condominium and Amendment thereto. TOGETHER wi[A a11 :trucwres and irt~prwu~~ae~ts now and Mr~+lq. on sakf land and tn~ Rxcur~s suscMd ~herHO. also togHhe. vn~h s11 and s~rgulx ~he ~enen,enn, heredit~mMtf, eis~mtnt; r~parwn riphts and appurttnancp tM+au~to O~long~ng, a in any rwst app~ru~ning. and tht rtnts, iuues. snd pro(~ts thereof, and also a11 tl~e ~state, ngAt. titN. mtNttt snd sll tla~mi and dlrtm?dt wAStfW~. sf wNl in Isw as in tquity. OI fad Mwtg~yOt io and to tM same. and tve~Y put and psrcN Ihtrtpl, and alio a~l gas and aNctric t~atuns, ridatps, h~attrs, sir conditaniny puipnwnt, machinery, bale~s, rarges, elevatws snd motas, bathtubs, s~nks, vwter closets, wau. baHns, p~pes. taucett, snd otM~ p~umbiny and ANting fiatura. ntantels, rNripe~sunp plsns and ~ee box~s. vr~ndow screens. sae~n doors. vs~rit~an dMds, stam shutte~s and awmngs, whicA are now O? msy harNltq perbin to o~ b~ usd vwth, in w on ssid p~rnises, sven though thty be dHSCAed or detxhsble, are and fha11 be deemed to 6e I~xtures and access~ons to tM freehold snd s parl ol tM «alty, and. if the sbwe descnbM property is now or shall hereatter be used fw comme.c~al pu~poses, lhln lh! 1utnUUrl,~d IwMSh~ngs and any ropl~teme~ts thtr~ot wAich may Oe ow~~td by the Mp~9agor and wh~ch are now or may hereaf~e~ b~ located upon ~he sbwe describ~d properry• TO HAVE AND TO HOLD ~he sxne, togethe. nntA a11 the estate, nght, t~~k, imeres~, Aomestead, dowe~ and rght ol dower, separate estate, possess~on, cta~m and dtmand wh~tsoever. in Isw w in puity, ol tht sad Matqa9cw and to the sart~e. arW every psrt thereol, unto the ss~d Assot~aUOn fee s~mple. The Matgagor hereby coverw+ts anth tM Associs~wn tAst tM Mortgx~or is ~rW~feas~Wy se~zed vwth th! aAsolute and tee s~mpb titk to sa~d prapertY. and Aas lull powe., and lawful authorrty to se11, convey. uansie. aod mertgsge the s~rne: thst it shall be bwful st anY time hereafter !a the Association to peateablY and Vu~etly enter upon. have. hold snd enpy sa~d property, and everY part thereol: that sa~d prape~ty is Iree and d~scAarged trom all liens, encumbrantes. and tlaims of any k~nd, ~nclud~ng taxes ancf assesvnents, eacept the lien hereoi, v?A~ch n a first I~en on sad poperry; that ~tie Mo~tgagor vwll make wch further aswrances to pertcct the tee simpk ~itk ~o sad proper~y ~n ~he Assocptw~ ss may reasonabty be requlrcd, and tlw~ the Matgagor does her~by fully wurant unto the Auocwtron the titk to sa~d propnty and vr~ll dete~d sart~e rg.,~nst 1Ae mortgage cls~ms and dcmands of all petsons whoinsoever. NOW, THEREfORE, tht cond~tan of this mortgage is wch that i1 the Mo~tgago~ shsll well and truly pay unto the Associatron, the ~ndebtealness ev~denced by that tata~n promiuory note. ol wen date hercwith, made by Ihe Mwtqagor and Payabk to tAe Astocwtwn, ~n tAe P~~nupal wm a, ------------FORTY THOUSAND----------- UOLIARS ~s 40 , 000 . 00 togethe~ w'th ~nterest as therein s[ated, payaWe wer a term of 348 ~~h~. d~d per~o.m, eomply with and ab~de by each and ewry the supulatwns, agretments, tond~t~ons and carMants co~ta~ned and set (wth m th~s mortga~e and ~n the pom~ssory note secured Iyr~Ery. tlKn tl~is mortgagt and th! asuU heteby cr~sted shall ctase and be nu11 and vo~d. AND ths Matgaqo? does Mnby oown~nt and tprN: t To psy stl snd suqulu th~ pnnc~l ~nd mt~nst ~nd otMr wms ot money pay~Ws by wrtus ot sa~d prom~sswy note snd tlus mortys{~s. or e~tAer, pomptly on the days rssqCtrvNy ttN qm~ s~wr~~l b~com~ dw. 2 To pay sN and siopular tr» tu~s. ps~ssm~nts. otMr pov~rnm~ntal lw~ss. GabGUSS. oblpstans and e~cumbrances of svsry nsture on sad dsscnbs0 propsrtY and ths re~ated d~bt scquis~aon s~cA and wwy wMn dw a~d p~y~bN ~ccaduq to ~aw. bttae tMy become de~u+quent and. N the sams shau not bs prompth pad. the Assocutan maY at sny t~m~. ~itMr b~tor~ a sk~r dNuiqus~cy. pay ths same vntAout wsrv~np or a(fecurq ths optan to forscbss. a any ngM hereurder, and every psym~nt so m~ sMll b~ar ~ntmst (rom tM dats tMreof at tM rste ot ten per esr+t (107y psr snnum 3 That the Mortyagor w?U kssp sN resl and pKSp~sl pop~rty now p MrphK entumMrsd by the 6en of ths nwr~pa~s u~wrsd as msy be rsquued trom L:ne to ume Dy the Assoc~atan ~p~isat bss by 6n. windstam ~nd otMr haza?ds. uwalnes snd conunpsnaes la wch perads snd (a rwt Isss thsn wcA amounts as may be requued by the Association ~nd to pay promptly wMr? dw sll pnrtrums fa such u~sws~cs. Mortysyor ay?sss to delrvs? renewaf a reptscemerit pol,c~es o( ~ny nstun or nplac~m~nt c~rtfiutss d inwra+o~ tu tM As~ocabon. ~t tust t~n (10) dsys pnw to th~ s:p~ntan a srwvsrssry date d tne ex~sung poUNes TM artaun~a of w~sutanos rpwnd by tM Assoaation ah~ll b~ minmum ~mounts fp wh~ch sad inwrance sh~Y be wnttsn snd it sh~ll be ~ncumbent upon ths MortQaya t~ mamum sucA ~ddition~l ~nsunnw q maY b~ neops~rY to me~t a~d oomply tully nnM ~N co-fnswanc~ rpwrert~ts conta~ned ~n sad pd~aes w ths ~nd thst said Monppa is not ~ co-unura thsreund~r. I~uanc~ shNl b~ wnttu? by s compsmr o~ compwes sPP~owd w d~s~gutsd by the Assoc~adon ua sU poMa.s ana r.r~ws~s cha.or snaN ns nsw ey m. ~?ssoasuon. Aa dse.~lsa dsspnat~orn br cne Mortyaqor whicn s.e acceptea br tns Assoc~stion and sll aprNments bstwNn Matppor and Assoc~aUOn rWtinp to u~wrancs. now wsunp a hsrsaR~r made. shad bs ~n wnunp snd shsll be s pan ot tMs mortpsps sgrsemsnt as tuly ~s tl~aqh s~t torth wrbitim I~~w? ~nd sMH yov~rn both pwtles h~mto snd their sucus~oa and ssspr?s. No hsn upon aMr o( sad poGc~ss of mwqnc~ w upo~ ~ny nfund o? ntum p~mwm vMwch may b~ paysbN on the unceuatan a tsrrtwuuon thsreot. sh~u bs ynen to other than the Association. euupt by prop~r ~ndorwm~r?t affin~d to such po6cy and ~ppovrd by ths Astowuon. Each pol~ty ol mswance sl?W have affuced theroto a Stsrdard New Vork MatQsy~s Cl~us~ w+tlwut Conuibutbn. makinp Nl loa a bss~s w~d~r wcA pdicy paysbN to ths Assodation ~s rts ~ntKSSt msy appear ~ In ths event sny wm w sums o/ rt~a~ry b~com~ p~y~ tMrwndu. Me As~ouatan sMN h~v~ ths optan to rscsne and spph ths ssms o~ sccount of the m- ~ debtsdness hereby secu~~d. w to PK~~ tM Mortpsyor to nc~iv~ and uss it or r+Y Wrt U~srwt. w+thout tlwr~by wsrv~np or ~mps~^^y ~M ew+nY. Nen w nyht ~ under snd by virtw ot ths mwt9sps. ln wMt ot Iws a physiCal damap~ to th~ mortp~y~d propertY. tAs Mortqs~or shsN q~w immsdiats notice the?eoi by mad ~ to the Assocwtwn snd ths Association rtuy mab prool d Iws N tM sarr» is not m~ promptly by ths Mortyaya. In event of forecbwro ot tlrs mortysge. a othsr trsrafsr oi titk to tM morty~p~d propNty. in ~:onpuishm~nt of tM nd~btedr»ss s~cund hK~by. al1 npht. Utls ~nd intenst ot ths Mwtppa in and to i sny msursncs poYciss tlwr? in foru sMp p~ss to tM p~wchasa a pnnte~. TM Mortppa furthsr apress to abide by ths rulss snd e~cist~ng rpulat~an o( ~he Association. in ooraNCtio+? with tpuir~d w~wr~rKy tovMap~ o( tM OroP~tY Mnin ~ncumbsred. ~ _ t J ~ ( 1 , ~ ~ ~ . ~ ~ ~ J . ~ - i) '.i M, E N ~ l~. ~i . ; ~ n,1 = . • ~ ~ - - - - - - - ~ ~ K: . - : ~ ~oaU ~ _ _ , e ~~.•~~"-s s ~ ~ , . ~ ~ ' ~ = _ i 4 Par~pr~ph 4 and tho~ wfrch foMow sn oo~t~wwd on tM rw~rs~ sid~ of tlMS mat~ and by nier~nce an axapontsd ~nto tM Dody of thrs matyap~- ~ The terms Mortg~gor and Assoustion, whenever used ifl thK Ifltlf~ITlf1t, shsll include the Acirs. perso~M representstirss, sueorawrs w assgns oi the respect~ve parues hereto_ NR~ew used, th~ singulsr rwrt~ba~ sAall arclude tAe plursl md the plursl the singulsr. and the use ol any gender sAall mcl~ sll 9enders. ~ IN WITNESS YYHEREOF, th~ premi~es haw bew~ e=~cuad on the dsy snd yesr first sbws vwitten. e SM)fy[~ flalld ifld dl11Ylfld M pf!!lIIC! OI: ~ o.,~~ ~i q . ./~i ~ ~ ISEALI ~ , • L ONASB r << ~ ISEAU ~ i • ~ F fSEALI ~ - ' ~ ' ~1~EMJ ~ - .r~ ~,r STATE OF FLORIDA couNTV of ST. LUCIS ` ~ The foregang ~nstrument wu xk~aMedgsd b~foro me th~s~- dsy o( .Tune ,±919 Dy ~ ALBERT I. BONA3SRA, MD and NORMN R. BONASERA, husband and wil~~ '~~~~o;` ~ / ' • . . ~ . ~~G /1~v / ~ •~_,j ' , My cdnn„ss~o~ expues . . ~ x _ .l i~ r+~ ~.f'4 ° ~ l!~!w,~ Q•,'..~ ~ • (4~~ ~ No~xy Vua~e. st of ~ ~ ~ iy-- I' !K'J~ P~~f