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THIS MORTGAGE INDENTURE 55?21-a
E xecut~d Ih~f ~ y}~..~day ot tTuaO , A.D., 19~9 , Dy
JACK C. HORSII~AN, unmarried L~510`~J
party ot tM lirst px~ (I+~r~inaltM cslNd Mo.~yporl. ~o
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ;
a cwpa~cion ~xn~inp undK ~M Isws ot tM UnitW Sut~ of AmerK~, psi~y ol ~M mond pa~~ (hae~nstta u~kd tM Auoaa~anl, ~
WITNESSETH, Thst Iw dwKS pood and valu~bl~ conside.stwns, and to sscw~ iAe psyrrwn~ 01 iht sgqrsg~~~ wm oi moryy nsirwd m ~e~ prom~:wry no~e ut e„en ~i.,~r
herewrth, htniMitN rtwnUwnd. top~thK w~th 1ntNfst tANWn snd all othM wms ol monty f~tur~d hp~by ss fia~m~ltp prw~d~d. Ihe Matgs~or cfoes g~ant, ba~qsm, zrll,
~7Nn, r~. r~p. conv~y and tontnm unto 1M Aqot~atron. in IN simpb. tIN tWbwmq desu~b~d ~tsl tsa~~. ol whKA ~At Ma~qsgor ~s now seued and pouessc+t arl m
s~~wu ~~n. c«,~~r ai 3t . Lucie . s~u~ o~ Fia~. ~~uv ,~x„~,~., ;
~+~a~~ Condominium Parcel No. 5524 of Golf Villas, a Condominium as per the ;
Declaration of Condominium thereof, recorded in Official Records Book 302, ~
Pagee 1250 througd 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.
SUBJSCT TO terms and conditione of above Declaration of Condominiwn and
Amendment to Declaration of Condominium. - '
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TOGETHER w+th all strucw~~s snd ~mprovamncs now u~d Aerestta on sa~d iarW and ~he I~awres suxhed ~he.e~o, a1w toqe~Me. nnth all and s~ngulx the tenert~ents,
heredit~rMnt; Msem~ntf, ripsnan rghts Md appurtMincff thNwnto b~long~ng, a~n snY r~ns~ appOres~n~ny. snd the reMt, ~swes. and proldt thNeot, and also aU ihe estate,
nght, [iUt. intK~st snd sll cls~rtn and dertw~ds whstsoev~~. ss wsll in Isw as ~n pwry, 01 sa~d Matgapor ~n and to tM ssrne. and ~very ps~~ aod psicN ~Aeieol, and alto au gas
and el~ttric fixtur~s, rsdalon, Aa~ters, sir condit~oniny puipnent. machinery. boilers. rarges. eievatws and motas, bsthtubs, su~ks. wata ctosets. wa[p Ws~ns. P~pes.
faucets, and other plumbing snd heuirq f~xtura, msntels, rtfriye.atug plsns and ~oe boxes, vwndow acnens, scr~n doors, wn~~un W~nds, stam shutte.: snd awmngs, wh~cn
are now a may Aersatter pertain to w b~ used w~th, in w o~ sa~d p~em~ses, ere~ though they be detxMd or decacha0le, are and shsll be deemtd to be lixtures and xcess~ons
to the IretAOld snd a part ol tM rtalty, a~d. if the atiove destnb~d p~operty is now w shall troreattt~ be used ~or ca~rne~cial purposes, then the (ur~iture and fwmsA~ngs and
a~y repiaprnents thereot wh~ch mty be owned ~y the Mwtgayor snd wh~cA are ~ow a may he~eat~Qr be locatcd upon the above defci~bed pope.tY•
TO HAVE AND TO MOID the.same, to9ether w+~h all ~he esca~e, rgh~, u~k, m~e~es~, homes~esd, dowe* and righc ot dower, separate estate, possessan, cla~m and
demand whs:soeve+. m taw or in pu~~y, of 1h~ sad Macgago~ in and ~o che same. and ere~y par~ thereol, umo the sad Assocwuon m fee s~mpk.
The Mortgagor htreby cwenants tiwth tM Auousuon that the Mor~gagor is ~ndet~.as~bly se~ied rv~th the absolute and I~e s~mpb title to sa~d properry. and haf tu11 powe~,
and Iavrful authonty to se11, convey, tnmfer and mortgaye the sart~e: thai h sha11 be lavrlul a~ any ume hereal~e~ la ~Ae Associatron to pexeaWy aod qu~euy en~a upo~,
nave. hold and enpY sa~d propertY. and every part thereo(: thst s~~d property ~s free and d~sclw~ged Irom all I~ens,lntumb~antes. ar?d cla~ms of any k~nd, ~nclud~ng taRes aM1
assessments, except the I~en hereol, wh~ch n a lirst I~en on ssid poperty: that ~he Mo~~gago~ vwll make wch turther aswrances to pert~ct tM fet s~mpk t~t4 to sa~d proprty
~n ~he Assoc~auon as may reasonably be requd~d: and that tAe Mwtgagor does Ae~eby fully wa~rant ynto the Auocw~io~ the title ~o sa~d poper~y and wdl def~nd same
a9a~nst th! mortgage tls~ms and denw~ds ot all pusq~s whomsoeva_
NOW, THEREFpqE, the conditron of tAis mortgage n wch ~hat il ~he Mo~tgagor sha11 we11 snd auly pay un~o the Assocw~an, [he ~ndebted~eu
ev~denced by that ca[a~n promissory note. of even date herew~th, made by ~Me Mor~gagor and psyable to the Assoc~atwn, ~n ~Ae Dr~nc~pal wm
of -.~----------rVRTY-FOUR THOU?SAND~ SBVBN HUNDRBD-------..-- OOLIARS
is 44 , 700 . 00 io9eu+~. ~in ~~~~.es~ ~ ~ns.~M :~sua. wr~ ~ ~am ot 300 ~„o~,n:. ~ :n~i
perfo~m, comply vhih and abide by eacA and everY the si~pulsfio~s. agreeme~ts. conditwns arW covenams confa~ned and se~ fwtA ?h~s mortgage and ~n th~ pom~sSO,Y ^Utt
secured hereby. tlxn this mwtgage and the esate hereby crested shall cease and be null and void_
ANO ths Mat9~pa do~s fN~~by cown~nt and prN:
1. To pay all snd smpular tM pnntip~l ~nd mt~nst ~nd othM wms o1 mon~y psyable by wrtus of sad pom~ssory rate and tlws mortysys. or e~thsr. pranptly on
ths days rsspsct~vely tlw s~m~ s~wr~Ny b~oonN dw.
2 To pay all and sirpular tn~ tu~s. qs~wm~nts. otMr powmm~ntal Nwes. Iwb~Gt~s. oblpat~ons snd eowmb?snces ot svery ~stut~ a+ sad descnbsd popsrtY
a~d ths relsted debt s~quaitw~ sad? and ~wry vrlNn dw and p~ysbl~ ~ccordrq to law. bsfors tMy bscoms dNe~qusnt ~nd. it tA~ sarr» sAall not bs promptl~r
pa~d. ths Assot~adon ma? st any tim~. NthM b~fo~~ w~hN dNrtiquMrcy. WY ths sama nnthout wsmnp or ~.ffetbrp ths optan to twecbss. a sr?y rpht
hereunder. and svsry p~ym~nt so mW~ sA~M b~ar ~nt~nst from tM d~te thsrwf at ths rste o(
3 That ths Mortqa9or wa~ kesp aN rwl s~d p~nonal ptop~rt~r now p AMNhN ~ntumb~ted by ths bsn ot tlrs mortp~9s uiwted as msY bs tequued trom t~:ne to
t~me by the Assodation spsmst bst by fin. wxWstam ~nd otM. huards. uw~k~es snd contmpenues fa such perads and la rwt Isss than wch amounts as
msy be requwsd by ths AssocNtqn snd to p~y pomptly whsn dus ~U promwms !or wth ~nswu~te Mortqspor syrsss to de6ve. renewal a rsptacement
pobaes ol any natun w nplac~nt cat~frcabs ot ~nsur~na to tM Assouatan. ~t I~~st ten (10) dsys prwr to Ns ~epuatan or snnnerssry date d t1+s e:Knng
polK,es. Tl+e amoun~ ot insw~np rpuw~d by tM Assoa~tion sA~N b~ rtwrmum ~mounts (or whKh sad u~wru~ce sMN be wnnen and it shsll bs vKUmbent
upon the Morty~pa ta msw~tain axh sddrt~onN ~nwrana as may b~ nsc~ssary to m~et ~nd compty tuNy nnth all co-u?.wrance rpwremenu contau~sd m sad
pd~aes to ths end th~t sa+d Mortp~por is na a eo-inwror tMnurw~r. ~mw~na sAsu b~ wnnen br +~wa~r a~W~s +awoved a dss~pnated by tne
Assoc~stwn an.t sN po1~s and r~w~b ther~o( sh~N b~ 1wW by tlw Assou~twn. Au dsudsd dsspnata~s by tns Mwtyapo? which ue sccepted by the
Assoaatwn snd sY syresm~nb betw~en Mortppor ~rd Assoaation ntawp to i~ursnce. now exaunp or he~esher msde. shalt be m wnunp and shs11 be a part
, of thn mat~s9s preem~nt ~s fuYy as tliaph s~t Mrth vKD~um Mran u~d sMN 9ov~rn both psrt~ss hereto and tha~r wccessors and ass~yns No ben upon any
, oi said poGcies of Nnw~nce or upo~ any nfund a ntum prtmwm wfrch m~y bs p~ysbis on ths uncNbuon w tsrminsuon thsreof. shsU be p~ren to other than
the Assodat~on. e:cept by prop~r ~ndon~n»nt ~ifu~d to wd+ policy uid spprowd by ths Assocat~on. Esch pobcy oi u~swsnu shsN Mve sffuced thereto a
~ Standud New Yak MwtpapN C4us~ vmthout Conu~butbn, mabrp ~M lo~s w bss~s undK wch poGcy psYabl~ to tM Assoc+stan ~s ~ts inurnt may appear
In the event sny wm a sums ot mon~y b~com~ p~y~bN tl+Kwnd~r. tM Associatwn sAal1 hsve tM optan to recsive and apply tM surr on sccount ot the m-
~ debtedness hsreby sscur~d. or to psrmrt tM Mort9apot to r~cMw u~d uss A. or any put thsreof. nnthout tl~eby w~ninp w~mps~nnp sny equ~ty. Wn or npht
under ud by vinu~ of M~s maiqsp~. In ~wnt ot bp a physic~l damap~ to tM matpsysd prop~rty- ths Matyaya shs119rve immed~sts notice therwl by msd
i to tAe Assouatbn and ths Assoa~LOn m~y m~b prool of bas A ilw s~rtr is not mad~ pomptly by tM Morty~por. In svsnt of fa~clowro oi ths matyape. w
f othsr vs~isr ot uHs to tM mortppW propwty. in ~~t of tM ad~bt~dn~ss secund hsr~blr. dl rqht. btle and mtaest of th~ Mortyapa in and to
~ sny u?wn~cs poGcMS tha+ in force sh~N pps to t1N purcMs~r a ynMN. TM Mortpapw /urdw~ syrsss to ~b~ds by tM rules a~d ~istug rspulstans of tne
i Assoeista~. K+ aorw~setan vrith requnsd auu?~nw towrp~ 01 th~ prop~rty hsnr? ~neuenbsred.
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4 Par~yrspA 4 ud thos~ whth fdlow ~n ContruNd on tM rwKSS sds ol tlws mortpap~ ~nd Dy nprsnce an ~ncwpor~t~d ~nto tM body d tMs mortpsps.
The terms Mongsgor snd Assocwtwn. whenever used m this ~nst?ument, d~atl inNude Me hein, personsl repr~sena~'ves. wecessws or sss~gns of ~he respec~rve px~~es
~ereto. WherMr usld. tM Ynyulsr numblr shsll intlude the p~unl and the plursl the siiyular. and th! use of any gender sh~ll mtlude all ~ncta.s.
IN WITNESS YYHEREOF, th.s. p..mif.s hiv. ban •x.cuted on tne dsy and yeu f~rst abw. writun. ~
,r~, Sgrsed. ~d ~rdeliver tht O~e~e~ct of:
~ • cL~ `r~/~ ~ t
. f C; " u ISEALI
~ • JACK- _ _ . _ . -
~ C-/~ iseau
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~ ISEAII
E
~ ISEI?L1
~ DOMINION OF CANADA PROVINCE OF ONTARIO J'` ;
zc~xa~ c a4 aF ~c~ arccw m~~c ~ M :
~ The faeqo~ng ~~sirument wn scknowledyed befae me Mis ~y dry o1 June , t9~ by ~=~p?y ~ ;
~ ~Q`.;~ . ±
JACK C . HORS~dAN , unmarried - , r ~ ~ . p ~ : ~w _
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