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~J~~3 THIS MORTGAGE INDENTURE 57590A2 kc
E.~„~.~ ~~Y or J une , A.D.. 19? 9, by
VONDRA J. WTsEKS, unmarried, RAY S. WEEICS III and LOI3 J. WEEKS, husband & wife
pa.~y ol ii~e h~st par~ Ihere~nsiter ca11~d Mortg.gorl. ~o .
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION
~ co~porauon ex~sun9 under the ~aws ot the U~~ttd S~ates of Amenca, par~y ol the seconU pa~t (he~e~na~te~ calle~f ~Ae Assoua~~onl,
WITNESSETH, That lor dlve~s good and valuable conside~auons, and ~o secure tAe paymem ol tAe aqgreya~e wm of mooey named m Ihe p=om~iwry nuir ot rvr~~ ~I.~ir
nerennth, Aere~nafter rr,ent~oned, togetAer vmtA ~meres~ ~A~rcoo and all other sums ol money sscwed berehy as heie~natte~ prov~Uecf, ~he Mongayor dces g+en~, ba~~~,,~n, x•~I.
;,hen, r~m~se. roleas~. convty and conhrm unto the Assouauon. m IK swnp~e. the follownng desa~0ed real es~ate. ol wA~ch tne Mo~tgagor n now se~re~1 arxl ~x,ssesuK~ ~nu m
ectual ppsfess~on, t~tuate m tIM Cou~ty ot St • LuC~e , State of Glonda, leqally r1rx~J,w1
a~~o~~~~ Condominium Parcel No. 5421 of Golf Villas, a Condominium as per the
Declaration of Condominium thereof, recorded in Official Records Book 302,
Pages 1250 through 11326, 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.
SUBJBCT TO terms and conditions of above Declaration of Condominium and
Amended Declaration of Condominium.
TOGETNER w~tA all structu~es and ~mprwernents now and herealtp on sa.d land anel the I~xtures attachecl thereio, also tuge~her Nnth all and s~ng;,la~ ~he ~ene~r~n~s.
nered~tainents, easanems, npa.~en nghts and appu~tenances the~eunto bNong~ng, u~ m any w~se appe~~a~mng, and tAe ~ents, ~ssues, and profits the~eol, and alsu au ~he eu.~~e,
r~qne, t1tk, interest arxf all cla~ms and demands whalsoever, as well ~n ~aw at ~n eqwty, ot sa~d Moilgayor ~n and ~o tAe sa+ne, and tve~V pa~t and pa~cN the~eol, and alsu y~s
.nd et~ctnc tiztures, radwtors, heaters, a~r cond~uoo~ng equ~pnent, mach~nery, bode~s, ranges, elevato~s and mo~ors, bathtubs, s~nks, wate~ closets, wate~ bas~ns, p~pes,
f~~cets, and other plumbug and heaung fiaWra, mantels, re(rgrraurg plans ar~d ~ce bozes, r~mAow xreens, saeen Joors, venet~an Wmds, stoim shutters ancf awnueys. wh~ch
~~r now or may hereal~er perta~n to or be used w~tn, ~n or on sa~d p~em~ses, even ~hou9h they be detached or detachable, are a~d shall be deemed to t~e I~x~u~es anif .+ccess~~~nti
ro ~he freeAOld and a part of tAe realty, and, d tAe above deunbed property ~s now or shaH Ixreaf~e~ be usMllor commerpal purposes, then the furn~twe ancl fwn~nh~nqti end
,ny replacements thereof Nfi~ch may be o•~rned by Me Matgaqo~ a~d wh~ch are now or may heraalee~ 1x loca[ed upon the atwve ~]esc~~bnf property
TO HAVE AND TO HOLD ~he same, together w~th all Me estate, ng?it, utle, mterest, homestead, dower and ngA~ ol dowe~, sepaia~e es~ate, possess~on, c6,~m arid
~femand whatsoever, in law or ~n eqwty, ot the sard Matgagor m ar+d ro the same, aod every part thereof, umo the sa~d Auoaat~on m fee s~mple.
The Mo~tgagor hereby covenan~s w~M ~be Auoc~anon iha~ ~f~e Mo.~gagor ~s ~ndefeas~Wy se~zM w~?h ~Ae atxolute aod lee s~mple ~~tk eo sa~d prope~ly, end has tull ~xiwe~,
~nd lawful authonty to sell, corwey, transfer and mongage tAe same. that ~t shall tx lawlul at any ume he~eal~e~ ~o~ ~he Assouai~o~ to peaceably anu qwetly en~e~ up~~.
nave, ~old and en~oy sa~d property, and every par~ thereot; tha~ sa~d p~operty ~s free anef d~scAa~ged from al1 liens, encumb~ances, and cla~ms o! any kmA, ~nclud~ng teHes .+nd
assessmems, eacept the I~en bereot, wh~ch n a tust heo o~ sa~d prope•ty: that ~he Martyago~ wJl make such lur~he~ asw~ances to perlect tAe 1ee s~rry~le ~~de ~o sa~d p~ope~ty
o~i,e Assouauon as rnay reasooaWy be ~eyuued: and tAa~ ~he Mortgagor dces hereby fully warranr unro tbe Assocwuon ~he ~~de to sa~d u~operty AMI W1N detend s.~me
~,~,~ns~ ~he mortgage cla~ms and demands of al~ peruins whomsoeve~.
NOW, THEREFORE, the cortd~uon of ~Ms mortgage ~s wch that d ~he A1o~~gaqo~ shall vvell aod truty pay unto the Assoaa~ion, the ~~del~~eefness
r: c~enced bY ~hat ce~ta~n prom~ssoA note, of e~n date herew~~h, made by ~he Mortga9or ancl payable to ihe Aswuanon, ~n ine N~~M~Pa1 sum
, DOLLAHS
,_------------FORTY THOUSAND---------- ~
~ 4~ ~ ~~0 • 1, tnge~Ae~ nn~h mte~est as ~he~em stz[zd, payable ove~ a te~m ot 348 m~>nths, and th.fll
;~e form, comply wi~h and ab~de by each a~ eve~y ~he supulauons, agreements, cond~~~ons anef covenan~s con~a~ne<] and se~ 1or~h m ihn murtga9e and m t~e p~om~ssory nnte
u~td hertby, then thls mortgage and the estate hereby created shall cease and be nu~l and vo~d.
AND the Mortgagor doss hsroby covsnant snd a~es
t To paY ail and smgular th! pnnc~pal and mterost and other wms of money payable by wrtue of sard p~omissory note and th~s mortgage. or enhe~. promptly on
tAe days respectrvely the ssme severatly become due
2 To pay a11 and s~ngular tns taxss. ass~ssm~ots. othsr povsmmsntal Iswes. I~ab~l~ues. obl~gat~ons and e~cumbrances of every nature o~ sa~d deunbed propertY
and the related debt scquis~tan sach and svsry whsn due snd payable accwd~ny to Iaw. before they become del~~quent and. ~i the same sha11 not be p~omp[ty
pa~d. ~he Assoc~atwn msy at amr hme. srther bstw~ a after de~~nquency. psy the ssme w~~hout wamng or aNecung fhe opuon [o foreclose. o~ any nghi
hereunder. and every payment so mads shall bea+ ~nterest from the dste tAereof at the rate of ten per cent (1096) per annum
3 That the Mortgagor wu~ kesp all resl ~nd psrsonal property now a hereaher encumbered by the I~en of th~s mort~age ~nsured as may be requ~red (rom t~me to
I ume by the Assouatwn agams: bss by firo. wmdstwm and other harards. cswstues and co~ungenc~es tor wch penods and (w not less thao wch amoums as
may he requ~red by the Auoc~aUOn and to paY Womptly when due all prem~ums fw wch inwrance Mongagw agrees to del~ver renewa? or replacement
pol~aes ot any nature w replacsment csrUficatss of :nwrance to the Assouatan. at least ten (10i days prar to the e:p~ratwn w annrversary date of the e¦~sung
~ pol~c~es Tf~e amou~•s of ~nwr~nce reqwrsd by tAe Assoustan shall be mm~mum artsounts (a wh~ch sa~d ~nsura.~ce shall be wntten and rt sha11 be ~ncumbenr
j upon the Mcxtgagor t~ mamts~n wcA sddmo~sl ~nwrancs ~s may be necessary to meet and comply (u~ly anth a11 co-~nwranca requuemencs contamed ~n sa~d
pol~ues to the end that ss~d Mortysyw is not a co•inwror thereunder Insurante shall be wntten by a company or compan~es app~uved or desrgnated by tne
~ Assouatwn an.1 alt policies snd ronewsls thsrsot sh~11 be held by tne Auoc~atwn All deta~~ed des~gnatwns by the Mortgagor wh~ch are accepted by the
i Assouauon arx3 alI agreements bstwsen Mortpapor and Assoaatan rolaUnp to msu~ance. now ex~sUng w hereafter made. sha11 be ~n wrrt~ng and sAaH be a part
~ of th~s mortgaye agreement as fully as thouyl~ sst forth refi~um hsre~n and shatl Qovern both part~es he~eto and tAeu wccessas and ass+g~s No ~~en upon any
t of sa~d pol~ues ot ~nsurance a upon any rofund or rot~m prsmium wh~ch may be payable on t1~e cance~~atwn o~ term~natwn thereof. sha11 be grven to other than
tne Assowatan. except by propsr endorssment sHixed to such pol~cy snd spprovsd by the Assoc~atwn Each poi+cy of mwrance shatl have aN~.ed thereto a
i Standard New York Mo~tgagss Clsuss vntlwut Conuibutan. mslung all bss a losses under wch pol~cy payabte to the Assouatan as ~ts ~nteresi may appear
; In the event any sum or sums ot mo~ey become payaWe thsreundsr, the Assonatron shatl have the optwn to rece~m and a~Iy the same on account oi the ~n-
~ debtedness Aereby secured. or to pamrt ths Mortps9or to rscs~ve snd use rt. or sny part thereot, w~thout thereby wamng or ~mpa~n~g any eqwty. lien o~ nght
j under and by nrtue ot this mwtgage In evsnt ol loss a pAys~cal damape to the mortpe9ed property, the Mortgayc?r shall grve ~mmed~ate noUCe thereoi by ma~t
g to the Auonatan and ths Assoustan may mak~ proof oi bss ii the sama a not made promptly by the Mortga~or In event af foreclowre of tn~s mortgage. or
~ other trans~er oi trtb to ths rtwrt~agsd property. ~n extinyu~shmsnt ot the mdebtedness secured heroby, al~ nght. utle and ~nterest of the Mortgagor ~n and to
! any ~nw~ance pol~ues than m fwce shslt pass to the purch~ser a p~antee Ths Mortpagor funher agress to ab~de by the rules and exis~~ng regulatrons of the
~ Auoc~atan. ~n connsebon vnth rsQuusd ~nwrance covenps of the propsrty herein encumbered
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~ 4 Para9raph 4 and thoss wluch fdlow ars conts~Md on tM rwsrse sids ot th~s matpaps anC by reference are ~ncorporatsd ~nto tM body of th~s mo?tpage
~ Th~ te~rtff MOrtgagor and AisOUatwn, whe~!-m uSed ~n tAis ~~strumint, shall intlude th! he~rs, persOnal reprexntat~veS, wcteisOrs or xsgns ot tht respective part~es
~ ~ereto. Wher 6sed, t e Hrgulsr number shall ~nclude the plural and tAe plural ihe s~ngulx, snd tAe use o~ any gender sh~l ~nctude all qenders.
; IN WIT SS WH E : these prem~ses hm been executed on the day and year firsi above written.
S sltd r~Q Ln the presence ot-
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FLORIDA
STATE OF _ COUNTY OF ~I I
s; ~ ~ r~
The foregoing ~~strument was xknowfedged betore me th~s~ ~iy o1 _ . 19!
9 by ~~t S~
~ a-•,~• `-+c- . ' '•J~ ~-~•ti .
RAY S. WEEKS III and ~ Y', and wife ~
~ ~ • o • ' ~ , IEN~E
~ t~'`~-.~.:~;~ t,~' i ~ _ I
My comm~ss~on e:paes '
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~.;u4, F-~60 R1W~t;~y:Puo+~c. sute o~ -
r, - ~ ~~';x3~3 ~f~t ~.57