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HomeMy WebLinkAbout2301 . i 4516?99 ~49oaAa ~ ' ~j~ THLS MORTGAGE INDENTURE E.~cuqd th~a 1 l r a, a Juae .~.a•. »?9. a l~OBSRT ~ G. GltIla.$Y and LUANA J. GRIIQ~BY, ' ~4 hueband aud wi~e, and L. ~ DANIBL KffidNSY and MhRY L. I~iNB'X, huebaad and wife o+«Y ol ~M tust prt (Mmndar u11~d Matypo~l. ~o ~CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a capor~tion ~xburp undp iM Iaw of ~M U~iad Sa~N d AmNiu. prty o1 tM ~oa~d p+ri lMrta?+lur u1Nd ~M Aswcistan?. ` WITNESSETH, TMt fa divas 4ood and vs~uabM tanidMat~oni, ~nd to Mcw~ th~ paym~nt ol ~At app~p~M sum ol mwNy n~rtwd ~n ~M p.aruswry no~~ ot even d.,~e nerawitb, hKe~n~ftM mentioe»d, tay~thK w~th intK~p tAawn snd MI otMr wnn ot mon~y taur~d henby st hH~uwltK pov~d~d. tM Mw~~ayor does yrant, bs~ya~n, se11, a~Nn, r«euM. r~M. COllqy illd C011~Kf11 W1t0 tM ANOiNli011, 111 /N fUflpl~. th~ IWlowiny dac.~b~d nsl KtN~. of wAicA dy Ma~qaqor n ~ow w~»d and Possnsed orkl ~n ,ctw1 poqN~ion, sitwt~ in tM Countlr ot . $t • iK1C~e . Su~~ ot f~«~da. I~qa11y detad,ad ~ ~~a~~Condominium Parcel No. 3918 0! 8$ACHTR$S I CLU3TR~i as per the Declaration ; of Condominium thereol, recorded in Olficial Records Book 296, Pages 1438 i through 1510, as amended by Certificate of Amendment, recorded in Official Re- ° cords Book 300, Page 818 to 221, and as amended in that certain Certificate of ~ Amendment dated Yay 2, 1979, and filed I~[ay 24, 19?8, and recorded in Official ' Recorda Book~308, Pages 1148 through 1173, all of the Public Records of St. ~ Lucie County, Florida. - SUBJ~GT TO terms and conditions of above Declaration of Condominium and the i Amgn~~~t~ ~tiereto ~ ~ 70G H vN Kructut~s ana irnprw~tn~nts eow and hNMfqr on said I~nd ind tAt liawr~s ~tqtMd thertto. abo IogttlNr w~th sll snd s~nyu~ar lAe tenan~ts, hared~unMnts, wsemMts, ripsnan rghts and appurtpwrc~s 1M.eunto b~lorg~rg, a in s~ wa~ apputsie~ng. and tM .ents, iswes. snd prof~ts tMreol, and also a~l the esta~e. r~gt+t, iiiN. intaat snd sN ebims snd da~w~ds wha~tw~w.. ss wN1 in law as in puity, ot ssid Maigapor ~n and ~o ch~ sarm. snd ~var Pari and psrcM ~ne.eot, and also all gas and e4etrit tixtu~~s. ndytan. hMt~n, sir ca~ditioninp pu~prMa1. macA~n~ry. ba1KL rsnpet, eNvatas and motw~, baMtubs, sinks. wsta Nosett, waur bn~ns. p~pes. iaucets, snd otM~ plwnb~ny snd. he~tirg tixtura. mantels, ntriqKSt~ng p4ns and iot Do~s, w+ndow w~ens. screen doaa, wettian bl~. stam shuttds xd awmngs, whKh a~e naw or m~y 1~u~atta pe.uin ~o a be w~d witA, in w on said premises, wen thouyh ~My be detxhed a deuchabM. Yf i~d fAil) bf AMf11lA t0 bf~~ixwres and xcesswns to tl?t itNhold snd ~ psrt ol tM r~alty, and, i1 th~ stiwe descr~d prop~rry q now ot fh~ll MrNttN be used ta cortwnercial purpo~es, tAen the turmiurc and lutnish~ngs and any rpls~wnents Mtrwf whith msy bt ownsd by tM Matq~gor and wh~ch are ~ow a may Mrestte. b~ locstsd upon the a~ove detcnb~d prop~.ty. TO HAV E AND TO HOLD tne san+e, ~oge~har wiM at1 the ~sute, nyht, title, mce.est, hornestead, dower and .ght of dowa, separate esu~e, posseuwa, da~m and demancf wAStsoe~~r. in bw or in puity. ol tM ssid Alaty~yor 1n and to U~e wn~. and Nery pxt Mereol, unto.~M sa~d Associstion ~n fee simp4. . The Mortg~po~ AKeby covensnts nntA tM Auocistan thst tM Mortgapa ~s ~~dffeasiWy tt~ZSd vwth the abfolut~ s~d fM s~mpN titN to said popertY. and hx lull powa, and Iawful au[horicy to w11. convey. trsnsta and maty~y~ U~e same: that ~f shsll be Iswtul ~t any ume Ae~eslter Ior the Assoeista~ ~o p~acsably a~+d qu~et~y en~e. upon. have. Aold and enjoy tsd ptopMtY. and Wery part thereol: lhat said poperty ia tree ~nd d~scAiiged from all lisns, sncvrt~anees. and cl~~ms ol any k~nd, ~nclud~ng taxes and auesunents, ~xppt the li~n Aereol, which K a tiru I:en on ssid prapa.tY: ~hs~ ~he Md~ypw Nnll make wcl~ tureher asw~ances eo p~rfect the iK simple ~it4 ~o sa~d p~ope~ ~v ; ~n [M Aswcqt~on ss may ~essonabt~ be raduued: snd tAat the Mwtgagor does Aereby iu{ly wsrrant uoto the Auociation tha titk ~o sad prope.~y and w~lt defend sartrc ' age~rtst the rtw~tyage clsims and demands o1 sll pt~sa?s wAornsolvM. N01N, THEREFORE, the condrtwn of thfs mortpiqs is sucA thst it tM Mwtgagor sha11 wNl and truty pay uneo ~he Auocistan, tne ~ndeb~edness ev~deneed by that catai~ promissory note. ol ev~n date Aerewuh, made by ~he Matgago. and pafrabk to the Assocytan. in ~1+e pr~nc~pal wm o~ --------------FII~TY THOUSAND~ BIG~ HUNDR$D----------- oo~~aRS : ~s 50 , 800 . 00 ~o9.~ne. ,M~n ~~u..s~ ss me.~~~ ~uue, w,,,w. o~. ~ ~rm o~ 348 ~,«,~n:. ~,~i ~ vertorm, comply vMth ard abde by ead~ and evay tM stlpulatwns, agreements. co~d~uo~s and cov~nants contsmed and set iath ~n tAis matgage and ~n the prom~uaY note i secu.eA hercby, [hen ~his mwt9age and tM aqu I+enby creaad shsll cease and be nuU and wid. ; AND ths Mwtq~pa do~s Mnby covMw~t ~nd ~prN: : 1 To WY aM snd swgula? tM WMUW~ ~i~d iM~rsst ~nd othM wms of nwn~y p~y~bls M wtue ol sa~d D~om~ssaY not~ and tMs mortpsps. a e~thsr. W~V~N ~ ~ the days rppsctnely th~ satM a~wnMy b~taM dw. ; 2 To pay ar sna s~nq,br un t.~ca. .s~na. oa+.r oov~rnrtwnu~ M~n.s.liae~6tNS. oerp.aoos a~a ena,mersnus of swry nam.e a+ sa~e a.acncsa wov~r ~ and the ~slateQ d~bt acQuisition ~~M ~nd ~vMy whM+ dw and p~yabls ~oooMu+p to law. bdon thsY bsoo~N dNu~quent snd. it ths sarM sl~s11 rat D~ Dr~P~~Y op psd..tM Assocuta~ may at ~ny tirt». ~itAK ENon a aft~? dNw+qu~nclr. WY tM sam~ MnMout a~Mect~np [M op~a~ to faedoss. w s~?y .pM g ne.eunds~. and ~wry psye~nt so m~ s~ Mt? u+t~nst trom et+s dat~ dwno~ at ths ~ats ot "Y~ per AtlIIllm. ~ , 3. That ths Mwtg~9or wu~ kNp aq rNl and p~rsonN prop~rty now or INrs~hM ~nturt~~d Dy ths hs~? ot ths matys~ msur~d ~s m~Y bs req~wed trom ume to ame by tl+e Asaoc~atwn apsw+st loss by fin. wmdstam and otf~ Au~rds. casuNws a~d contw~yMCrs tor wch paads snd ta rat lsss thsn such smounts as " may bs requrad Dy th~ AnoCiaUOn Nfd t0 pM promptly wlNn d~e! NI pnmums for futh e?wr~nce. Morty~ya apre~s to dsUvsr rsMwsl W rsplatemer?t pobc»s of sny nstun or rplsc~nt urdhc~ta oi irowu~ to N» Assoc~aaon. at Nast t~n (10) days pwr to tM ~piauon a ~+tirrersary dsu of the e~ustu~g pohcws. TM arnwros of insuranca nquK~d b1l tM AsfoWtion sINN 0~ mwrtwm ~mounts tor wlrCh s~d ~nw?anp sh~Y b~ wnttMti Md rt sMll be ~ncumbent upon the M«tp~ya w m~nain wch ~dditional inwwnca as mhr b~ rwaswy to nwt snd oomply fuYy witA ~8 oo-inw?ance hqu~nmsnts oonuu~sd ~n ssd poUaes to ths end that said Mortypor is not a oo-inwror thwwndK. Imwanc~ sMU b~ wmm~ by a company or comp~n~ss +DDrov~d o. d~pnatsd Dy che AssowUOn srni sN PobcMS and r~wals tAKw( shN b~ Mld by tM Aaoaatan. /W d~ts~Nd d~prytions bY ths Mortppa whrch sn sccapted by ths Assouation and ~H apr»m~nts b~twNn Mortppor u~d Association rsladq to insursnc~. now emsUnp or Mr~stt~r rtiads. shaN b~ in wriUnp ud sh~N bs a psrt of Utis nwrtysp~ apnsrn~nt ss Iutly u thouph s~t fath v~b~om I+wsm snd shW yov~rn both psrti~s h~nto snd tF~er wcuswn and asspns. No hsn upon any ot sa~d pobci~s ot uuwsnc~ a upon anY nlwd or ntum pnmium wtwch m~y E~ psy~bN on th~ unwilat,on a t~mmation tMrwi. sh~N b~ 9iwn to othsr chsn ths Assoeistion. ~eppt bY Drop~r ~ndort~nt affi~ud to wM poliey and aDP~ov~d by tM As~oe~at~on. EatA poMty d insursnc~ shNl h~v~ aifi,ced thereto a ~ Sandard New Yak Mo~tpp~~ CUus~ witl~out Contn6ution. mskwq iN loss or IosNS ur~ suth pol~cy piyabls to th~ Assowtwn as ~ts ntK~st m~y sppesr : os ~ In th~ rwet sny wm a sums of morMY b~oon~ Wy~bN tl~rwndK. th~ Aiwwtion sMtl haw tM uPUa~ to nuM snd applp tM same on account ot ths ~n- i debbdMSS Mt~bY f~cund. Or to p~nnlt tA0 MOrtpiQOr to frt~iv~ Md us~ iL Ot ~nY D~rt dMnd. MnU10ul d~~bY w~v~np w ~mpwi~p snY eWity. INn or npht ~ undsr srd bY virtw of tltis mort9p~ M~wnl of ba or phy~it~l d~msp~ ~o tM mortp~pad ProP~Y. tM Morty~por sh~N pnt ~mm~dwt~ nodq tAsno( M msd 's ! to ths Assoaation snd th~ Association mM m~k~ Orool oRJoss ii tM aam~ is rat m~ prompth bY tM Matqspa. In ~vent o1 fonclowrs of thrs matpspe. a ; f ochsr asnsf~. of 6tN w tM mortg~p~d vrop~rtr• in ~conpwahm~nt of tM w~d~bbdn~ss s~wnd Mnbf?. NI ripht otls snd intersst ot ths Mortypa n snd to ; i snY r~swanos P~s tMn in lora qyll O+ss oo th~ purel+~~r a prsntM. TM Matppa hntMr p?MS to abid~ M tM n~hs and ~istwp rspulatio~s o( the t ~ Associstion. in tom~ction witl? nquind inwar~ oorMap~ of tFN propKh INn+~ ~~d. i . ~ ' 4 Pusprph 4 sM tfaw which toMow an conur»d on d» nwrs~ sid~ of this mortpsq~ and by hM~nc~ ~n ncwpaaud Mw tM bod~r of tlws monysps. TM terms Mort9igw and Asfocistwn. whenevK us~d in Mn ~nqrurtrnt, thMl include d~ hews. 0~?sons~ reprefenutires. wooesfors o~ s~wgns ot the reapectrve Oxt~es nereto. Wl~era? ufed. tht.sirguls? numb~r fhall MNud~ tht P~al snd the pfunl tM singular, and the up ol any ger~ sl~sll i~dude all gerders. IN WITNE55 WMEREOF, tMs~ pnr~t Aa~ bNn ~x~eut~d on tf~ d~y and y~sr fint abw~ w?itt~n. Sgned, fW~d and ddi~~d in of: • ~ ~ ISEAII . G Y . ` ~ ' ISEAI l o . an s. r m ey . GR~ ~ • ' • . ~ ~ ISEAL) . y w L D ISL ; ~ ~s~r?~~ s as o Mr, Mrs. Kenney Y L. SY STATEOF I NOI3 ~Nr,~ G O O ~ ' ~ June , ~9~ a? ' ~ TM f«eqoirg lestrumlrtl wat ~dnM'ih~i~0.~f~ lAis of : ~ : ROB$RT G. G~ and' ~At~ J. GR Il[LEY, husband and wi f e ~ ~ ~ _ . , ~ ~ ~N~a ~ - ~y ~ } ~ Mr tonrrwsia+ e:ve _ _ • ' ~ ~ Y , ~ ' - J HQ~ pVMRr Su~~ 0~ • ; j ' : ~ac ~ ~ ~