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HomeMy WebLinkAbout2423 • ~ C-385A cr ' , ~ T.HIS MORTGAGE INDENTURE 53743-2 ~ a E:~cut~d tAa Z 7 s!w o~ June • A.O" 19 7 9' btr ~`~~~0 JOSSPH AM$RKAN and SU3~1 ~~N, hueband and wife S pxty ot ~M frit psr~ (lwamlur call~d Mor~q~po~1. ~o ~ CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION s capastion ~anti~q undK tM lawt o1 th~ Unit~d Sutq of Amait~, prty o1 eM s~cond par~ li~r~yltw ca11W ~I» Astocytael. WITNESSETH, TA~t fw diwrs yoal and vMu~We tais~al~a~a, snd to t~cun ~M prym~nt oi th~ agprpat+ sum ol nqryy nsnwd ~n ~ly piom~sw~y note oi even ~L~e . Mnwith, Mr~in~itK mN?~1awd. toprllw w~tA ieta~st tMrwn snd NI oGa~ ~xm of enpNy ~cund Iweby a Iw~u~sliN Mw~dW. Nu Ma~yapo. do~s y~sn~. ba~w~n. scu, a1wn. ?~na~. nlcw. con~y ~nd conl~~m unto tM Aaonation, in iM sn~pN. tA~ idlowug d~scnD~d ~~al ~su~e. 01 wl~ich ~h~ btwt9~go. ~s now snzM and posxascYl drxl ~n ac~wl pow~bn. s~twq ie tAe CouMy ol St • LuCie . Su~e ot HwKfa. ieg~u~ desc~dx.~ as tollowt: Condominium Parcel No. 5624 of Golf Villas, a C7ondominiwn as per the Declaration of Qondominiwa thereof, recorded in Official Records Book 302, Pages 1250 through ~326, as amended by Ce~tificate of Amendment, recorded.in Official Records Book 306, Paqes 2991 through 3006, all of the Public Records of St. Lucie County, Florida.. SU&7SCT to tenas and conditions of above Declaration of Qondominium and Amendment thereto. . ~ TOGETHER wiih all strucwns and imprw~rn~nt~ now ~nd I~ptp. on s~id Ixd and ~M f~x~ur~s suscMd tMr~~o, slfo toq~ther vMth sll and s~igular the ~enernents. her~dianw~ts, w~sm~nis, ~ipansn rghti ~nd appurtenaneK tlwwnto bNwgirg, w in any wae +PV~~uim~g. snd rlk nnts. Ksues. and Wuf~ts tl~eol, and a1~ au ~ne esu~e. - r~ght, titl~. intppt and sll tlsiens a~d d~minds wMtswvN. ss wetl in Isw ss in puity, of said ~ortyapOr in and to tM sart~e. and fv~rY Dxt sM Pucs1 thNwf, snd also a~l gas uxt Natric fix~uns, nd~stas, hw~KS, aw conditia?ing puipnem, mschimry, bals~s, .siyn, Nevstas snd moto.s, batAtubs, anks, vatK cloiecs, wsta tras~ns, p~pes, fwcNS, and otM~ p~umbirg snd htatirg fiatuns, mruN~ rtiriye~stinp plans snd ice boxet, window acr~ns. sc~~ doors, ve~et~an Winds, s~orm shuuas snd swni.gs. w~Kn are now w m~y hutshp PKpin to w b~ uud w~th, in a on ssid prarwus, ewe though ifwy be deuchad a dnscAaW~, are snd shsll b~ d~md to be Gatures and accessrons to tM (nN~ofd and s part ol tM rtslH. and. il th~ abovt describ~d proqrty is now w shall hersatta bt used Iw cam~cisl pwposes, theo drc (urmtute and twnish~ngs and snY npl+cwnents tAe~wl vrAich msY bt owned DY the Mortg~yor and whiM xe now w m~y herealta b~ located uDO~ tM abw~ dt~cnb~d D~~h~- TO HAVE AN~ TO HOLD the ssm~, tog~the. w~tb s11 UK esace, .~gh~, ~iik, ~nieres~. Aanesuad, dowe~ and rgh~ ot dower, sepnate estau, pocsessan, cia~m and demsnd whstswv~?. i~ Isw w ie pu~ty. ot tM sad Mwtyagor in snd to tM sart~e. and arery psrt therool, unto tht ssid Amoc~ation in let swnple. TM Mortg~por hp~by carenants avuA tM Assocution thst th~ Matgsya is ~nddeasiDlY seued rnth the absdute aod I~e simple ~iUe w ssd prope~~Y. xW has lu~i powr. and tswful suthonty to sdl, convey. trsnsl~. snd mortgag~ ~Ae sart~e: [hat it fhill bf IiWIUI it ifly I~n1! fll~Nltp 10~ tll! AlfOC~itM11 ~O pfiC'Aib1y i~M quNlly M!!r 1rpOn. have. hoW and Mjoy ss/d propatY. a~d every part thNeof: thst sa~d paperty ~s Iree atd ditcl?arg~d f~om all I~s. entumbra~Kls. and tla~ms ot sny kmd, ~nclud~nq taxes and assessments. t:upt tM li~n Aereot, which a s tirst I~en on ssid proppty: that tAe Mon~s9or vinll mske wd? turther aswrsnoes ~o pu~ea the lee s~npk ui4 to sad propertv ~n tM Auotistion as may reasonsWy be required: and that tlro Mo.tgapw dots hereby 1u11y vwrran~ unto the Assocutwn the ~itk to sad prope~ty and van deternf same agemst tM mwtysge cls~ms and d~mands ol a11 persons MAwmsoever. NOW, THEREFORE, the cw~d~tiwi of this matgage n wch that if the Mor~gagor shall wetl and truly pay unw the Auouatan, tAe ~ndeb~Mness ev~denc~d M ~Aai censin promiuo.Y note. of ewn dan herew~th, made bfl ~he Mortgagor and p~yabk ~o ~he Auocia~wn, m the Dr~napal wm THIRTY-NINE THOUSAND, NINE HUNDRED DOllARS ~s 3 9, 900 . 00 ~o9ane. w~m ~o~est ~s m..eM :iat.a, o.vawe ore. a~e.n, o+ 348 mo~~n:. „w sna~i perlorm, cOmply wiM and ab~de by each and every the st~pulatqns, sgrssments, cond~t~o~s and tovenants conta~ned a~W set lo~th ~n th~s morlgage and ~n the pom~uaY note Secured he.~by. tMn this mortgspe and ~he esutf hHeby crNUd shsll cease and be null and void. AND tlw Mortqspa do~s Mnb~r oown~nt ~nd prN: 1. To p~y sM and sirqular th~ princ~psl and irtlK~st ud oth~r wms of mon~y paysW~ by vutw of ssd prom~ssory nou and ths matgsps. a a~thsr. promptly on the dars respsctivdy tM sam~ a~wa~h b~oonN du~. 2 To ps~r ~II ~nd swqular tn~ ts~as, as~a~nNMS. otMr yowrnm~r?al Nn~s. N~bi4t»s. oWqabons and a~cumbwnps of ~wry natun o~ sa~d dsscnbsd prop~rtY and ths rNst~d debt ~oQuisition ~ach ~nd rw~Y wlwn dw ~nd WYabM aoc~dwq to I~w. b~fon thsY bscom~ dN~rpw^t snd. ~t tM sarn~ shaN not b~ D~omPth psd. ths Assoeiadon may st ~ny tims. ~itMr bdon a ah~r dNmqw~cy. pty tM sam~ vnd+out wsm~p w sH~ctY+p ths optan to fascloss. a anY rpht ne.~,~,a... ~~a .~r wr~+t .o m.a..i»M e.+. ~+c«.a no~+ w. a.a n,...or .t a» ..a o~ 1596 per annum. 3- That ths Mortpspa vmd kNp aN n~l and pasonal prop~rty now a fwrph~r a~wmb~red by tM ba+ ot th~s mortpsp~ anwed ss may M requvad from c~me to t~me by t1x Assocutan sp~wt loss by hr~. vm~datorm ~nd othK hazuds. uwahws and co~anpe~+c~ss tw such penods and fa rat Isss ths~ such amouots ss ma~ be requvsd by tha Aswc~~oon ~nd to p~y promptlr wf»n dw NI pnrtwums fw wch uawsnce. Mortpspor spnes to dN~vK rN+ewal or rplacement pobaes of any nsturo or r~plac~m~nt profic~qs ol nu~xanc~ to tM Assowbon. at M~st tu+ (10) days pr~or to tM ~cp~r~twn o~ anrwvas~ry date of the e:~stu~y pd~uea. Ths smounx ot inswana nquind bY tM Aswuatwn sl»N b~ minmum anwwus (w wMcA sad nwai+u shW b~ wnn~n snd A shW be ~ncumbent upon tM Mortysya t~ m~intain wch ~dditan~l mwanw ~s m~y b~ n~assary to m»t and oomply h~My w~th aY oo-inwranc~ rsquremsna conuu~sd u? ssd pohcies to tM e~d th~t sa~d Mortppa is not ~ oo-~suror thw~und~r. Inwrsnc~ sMll b~ wmm~ by a oompsrqr a comparrss sppowd or d~s~pnatsd by chs Assoc~ahon sr~i sM pdicip and rMrwNs tl»no/ shNl b~ MW by t!N Aswaation. AN d~ta~Md d~sipnstions Dy tM Mortyapa wlrth sro sccePted by tf~e Assoc~at~on srW aN prNm~nts b~tvw~n Mortppa and Astociation nbw~Q t4 inwrana. now uustmp a Mre~ha msd~. shaN bt m wntirp ~nd shaN be s psrt ol tha mortpsps ayrs~ma~t as 1uMY ss tlaupA set lorth vab~tim hKMn and sh~11 po~v~rn botR p~rws hsnto snd ths~r ~son and ass~pns. No Men uGw~ u+Y of ssd po4ci~s ot insuranc~ w upa~ say hfwW w ntum pr~mam wlwch mty b~ pty~bb o~ tM uncNlstan a tKminaUOn ~Mrsot. shsN bs pnsn to oths~ than ths Associadon. ~uPt bY Orop~r «don~nrnt affix~d w sueh pofity ~nd ~OP~~b bY ths AssocMtwn. Esch poYcy d u~wrsnt~ shar haw ~ffued tf~eto a II Sqndsrd New York Mo•tppN Ctws~ nnMout Contna+tion. mMurq aM lop a IosNS urd~r wch powcy pryabM to tM Assoc~adon as ns w?tK~st may sppear In tM ~v~nt sny wm or sums of moMy b~can~ d~~bN thK~u~d~r. tl» Asson~tion slwY have tAs opuon to nc«ve and apphl ths sam~ on account d the ~n- ~ debtednsss hsnby Mcund. or to DK~ tlM IMortp~yor to ncaiv~ M~d uss iR o~ My part tlwnol. nntAait thK~bY wawirp « ~mpsru~q mY ~WnY. hen w rpht ~ w~dsr ard by vKtus ot tlws mortQs~t. M w~nt o/ bn a pAysicN d~n+p~ to tM matQ~p~d prop~rty. dr Mortpspa.shall yiw iexn~di~b nohcs tl~wt bY mad !1 5~ to ths Assoaauon and tM AMOe~ation m~y m~ prool ot ba H tM s~m~ is not mad~ prompthr by tM Mortqspor. In ~rint ot fo~dosw~ ol ths rtanpays. a ~ ~b other transfa ot otls to tl+~ mortp~p~d prapKty. in ucOnpuiilwrnnt o/ th~ md~bt~dr»ss s~cund hK~by. aN rpht t„N ~nd ~nt~r~st of t1+s Monp~por m and to ~ny inwrs~a poicNS th~n in forq shaN Wss lo tM Pwcl~ or 9rsntN. TM Matp~yor turthsr prNS M ~bid~ M ths rulss and sxat~np ?pu~~tlaK of the ~ Assotistion. in owwNttion with nquind iMwMw~ tovMp~ of tM propMty h~nin M~wn+b~nd. ~ ~TQ-i-~ ` ~ ~ r.'' i tec a ~ `f EJYED f~~' 1li FA'fH.?fT Of TRXfS UG'_JMfN1tiK~ ST..M-- OG: C~ tt=._s c~ aric..,;~s~ ',-r r:• ~ , . ~F r~v ~ ~ - tf Pi:1 %l '~."~:~TY, z~ ?Ce-'. L ;.{T ~ • ~ f. ,5. .:1i T' 7:- %.i.; ui 1~)i. - - : . ~ - _ = l~, ~ r~~5'~~:-~`~ ' 5 9. 8 ~ ~ f~~::.~ 9~~~ =~s. - ` ~ , ci:: K u...ut c:.~::f, sr. tct::~ a, M. r.,,~~ 4 Parpr~pl+ 4 and tlqs~ wlrch Idbw H~ contau~d on d» r~s~ ad~ d Ma matpp~ and by r~fp~r~ ~n noorpoqt~d mto tM body d tlws matasp~- TM tKms Mortypa and Associstion, whawn usld in this instrwnent, sf?sll indude the heirt. paw~sl rqxes~nutive~. waessors w sssgns of tAe respec~nre pa~ues he~eto. YN~erlWr us~d. the sirgulM numbM shall ~nclud~ th0 P~ura1 and tht plursl th! s~npular. and the uf~ o( any gendlr shall ~n[lude sll y~nd~rt IN WITNESS WHEREOF, tNess premiws ~:~tuud on dsY +nd Yes~ first abov~ writtee. , snd dN~vs?ed m pr w ~ 15 ALI ~ l.-L / ~ ISEAI) ~ ISEAL) ; ~ - • ISEALI ~ iSY!' "i ~ " s.. STATE Oi `i= couNrr oF ST. LUCIE . : Tn~ ~~ns~ ' ,'~aE~o:~.a~.e a~o?e m. ~n~: z 7 a.v or June ;~9? 9 or i JU ~~~id SUSAN AMERKI~lN, ~ sband and wife ~ ~ ~d, ~n :i 6: r - " . U ~ ~ . l.~E R , C.!~:'~ ~A~ !!~!C AAfF Oi FtORIQA AT lA~ 1 C O~!t~~~S O f v~o S:s ~ ~ ' iMRil Gcl~R/1l I.VS tM~OE~1lYt1 TERS i r~R Nobry Public, State o( Florida 8~,~~K312 P~~~2421