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THIS MORTGAGE INDENTURE s777s-2.
Executed tltN 2S dw of July , A.o., tt 79, by 1[AR8 FEI,DI~AN and CLARE FSLD11dAN, husband and .
wife, and.l[AX RNSKIN and BDITh RASKIN, husband and wile
perry of ttta fora pert (ltereirselter called Megagorl, to
CHASE FEDERAL SA~DVGS AND LOAN ASSOCIATION
• corporation existing under tM laws of dta Uniud Suter of America. party of tlta raced part lMrewalta cNMd tM Astocietionl,
WITNESSETN, That for divas good and vahabN corlaideratiorai, and to satxtn t1N peymMt of tM aggregate sum of money nansad in the pomisWry riot: 01 even date
herewith, hereinaltM rttantarted, togetMr wiM interest thereon and aN other tsurta of money tecuree hereby a hereinatur piovaded, tM Matggor does grsnt, bargain, sell,
alien, remise„ release, convey and confirm unto the Association, in lea simpM, the IoNOwing dasaibed ral estate, of which tM Mortgagor is now sewed and possessed and rn
aetuMpoatession, sitwte in the County of 8t . Lucie Suf. of Florida. Mgslly detcrrlretl
aefolloeia:. Unit F, Building 5, in Villa Del 301, Inc: , a Condominium, the Declara-
tion o! which were filed January 23, 1970 under Clerk's File No. 188796 and in
O!licial Records•Book 182, Page 1883_, of the Public Retards ot.St. Lucie County,
Florida, together with an undivided interest in the common elements appurtenant
thereto set forth in said Declaration together with (continued below)
SUBJECT TO terms and provisions of above Declaration of Condominium.
This is a purchase money mortgage.
TOGETHER with ali structure srid wttp.ovemer?ts now and hwealta on said Iarrd and the fixtures atueMd tMrato, abo together. with all end dngular the terlernents,
hereditamenp, easarrwsts, riparian righU and appurterlartae thereunto 6Maginp„ a in any wise appertaining, and the rants, issues. end profits tMrereol, and also all the estate,
right titM, interest and ell claims end demands whatsoever, as wNl in law as in equity; of said Mortgpor in and to tM same, artd every part and peal thereof, and also all gas
and rtlactric /ixtwes, rsdiates, beaten, sir cortditionwrg equipment, machinery. boilers. rslrgas, elevators end motors, bathtubs, sinks: voter closets. water basins. Pipes.
faucets, and otMr plwnbwtg and Isaatirsg fixtures, msntNs, nfrgeraurtg plans and is boxes, window weans, scraa? doors, vanatisn blinds, storm shutters and swnirgs, which
are now a may AereNter pertsin to or be used wiM, iit or on said eremites, even though they be detacMd o. detschable, are end slier!! be dasrrted to tie fixtures and accessions
to tM freehold and a part of tM realty, and, if tM shove described property K now or thsN hereafter bt used fa camtercial pwposes, then the turm[urs and furnishings and
any npMcanrerits dteraot which rrsay be owned by the Mortgagor and viAsieh an now or may Isereatter d! located upon tM above described property.
TO HAVE ANO TO HOLD tM t+alm, together with ell the esuu, rght, titN, intierKt, homestaed, dower end right of dower, separate estate, possession, clsrm and
dittnald rvltattoever, in Isvir or inequity, of the said Mortgage in end to tM same, end every pert thereof, unto the said Ataocistion in lee simple.
Thr Mortgage hereby covenants with tM Association that the Mortgpor a irsdafassi6ly seized with tM attsolute end fee simpler title to said property, and has Iu11 power,
and (awful authority t0 sell, convey, trsrtsfer and mortgage the raffle; that It ttNll bs MwlYl at ally lisle IipNtler for the Asrociation t0 pirai:esbly and Q111el1y MIer upon,
have, hold and enjoy ssid properly, end every part thereof; that said property is free end iiisNtargad from all liens, ericumbranps, and Maims of shy kind, including taxes and
assessntants, except the Tien hereof, whicA K s lust lien on ssid property; that the Mortgsgor will make sud? further asswsnas to perfect the lee simple title to sad property
in the Associstion as may reasonably be required; and that dse Mortgagor does hereby fuNy wsnant unto the Assoc+ation the titM to said property end will delerid same
agsinst the mortgage claims and demsrids of all persons whensoever, _
NOW, THEREFORE, Ute condition of this rtrortgage is such that it the Mortgsge shell ixrall and « my psy unto the Associstion, the indebtedness
evidenced M tbst certain gomissory note, of even date herewith, made by the Mortgagor sad payable to the Associstiori, in the principal wm
af --------------SIX'1'Y1i'WO THOUSAND, FOUR IIUNDRgD---------- DOLLARS
is 62, 400.00 1, together with imerast ss therein sutad, paysbM over a term of 336 rrlonth=. and :hall
perform, comply with srd s.`»de by each end every the stipulations, agreements, conditions end covenants COntsinpd and set torch en this mortgage and in the pronussay note
secured Mratry, then this mortgage end the auto hereby erpted shall tests end be null end void.
ANO tM Metgage clop Mreby covenant and agree:
t . To pay all artd singular tM prirseipal and interest and other sums of money payabM by virtw o/ said prorrwseay rioter and this mortgage. or either. promptly on
the days retpattivaly tM came severathr becorrr dw. _
2. To pay at and singular fife taxes. aaaeeartterrgs. otMr govanntatW leviers. kebiNtiea. oblgatiom and ertcurrrbrartces of every mtun on said ducnbed property
and tM related debt aegtrit>ttiori eadt and every when due and paryabM aoooldirtg b law. bNore ttsey become detnquerit and. if tM same shall not be promptly
paid. the Association may at eery time. ettlter baton a aha d.Mquatry. pay the wme vinthout waiving a attacang th. option to toneloas. a srry right
hereunder. end every- payment so made shah boar interest from tM date thereW at tM rate o/
3 That the Mortgage wilt keep aN real and peraortN property riow a fwrNher ertaunbared by tM hen r~ttti>' mAigeigre irw~irrne~~ rmn~r be rsgwred from u:ne to
orm by the Association against toes by fire. vrirdstorm and other hazards. casualties and oontiltgencras for such periods and to not Mss than such amounts ss .
may be squired by tM Association and to pay promptly vrMn dare aY premiums for such irssluana. Mortgagor agrees to dsNvar renewal a replacement
policies of any nature or repMarrNnt eeruF...atas of imurartp to tM Association. at Mast tan (t 01 days pier b the expwatian or snnvenary date of the e:istirig
polices. The arrwsutta of irtauertce rpuired by tM Association etas!! be rnwwewm amourru fe which said irtswana shah be written and it stssN bs iricwnbsnt
upon the Mortgagor to maintain web additional imwanoa N may be rNOeMary to mast and comply hrtly with ant co•irtswance requirements contaitNd m ssd
poNcias to the end that said Mortgagor is not a co-irtstue ttsawrda. Irtsunrtoa shill be written by a company or cartparties approved or dastigmtad by the
Association sn.! aN policies and renewals itiareo/ aftM be Mld by tM Asetwiation. At detailed dasigrsstions by tlse Mortgagor which an accepted by tM
Association and ant apreerriants betvneat Mortgagor eM Association nMting to iraurertce. now existing a hereafter made. shah be in writing and shag bti a pert
of this morigsga agreement as tuMy as tltptgh set forth verbatim herein and shah govern both parries hereto and thaw woasson and assigns. No Nan upon any
of said policies of irutrnrtq a upon any rettrnd a ntum premium viihich may ba paysbM on the cancellation a termination thereof. sMg be given to other than
the Associstion. except by proper adesatwN efbxed to ouch policy and approved by tM Assowtion. Each policy of imurartw shah Mw afford tliereta a
Stsndard New York Mo•tgagee.CMuse without Contribution, mating ea toes err !cease order veils poNcy payabM to the Association as its interest may spear
~ In the event any wm a gum of money baconte payable tMrewtda. the Asaocietion shah Isatre the option to noire and apply tM soma on sccount of the m•
! debtedrtese ftaeby secured. a to permit the Mortgage to noaiw sad we iL a any part tttareot, without thereby viraivirtg a impairing any equity. Nan or right .
under and by virtue of this rttorlgage. In event of foes a phyaicN damsge to tM tpaped property. the Mortgage shsN give irtrrsadiata notice thereof by moil
to the Awociation and tM Asaixiation may mob proof of bee d dte same is not~made pronpty by tM Mortgage. In event of iondoaue of this mortgage. or
otMr tnrtsfer of titM to tM mesgagad property. in extirtguistttrterst of tlta ildabtadrlaa screwed hereby. aN right. tide and interest of tM Mortgagor in aril to
Q' ~ ~ w,'~ shy irtsuru+oa polides tMn in fora ehN Was to tM Puroha~ or granue. The Mortgagor twtfw agrees to abide M tM ruNs .rid axisbrp ngubtions of the
U?" Assodaoon. in eorrtection with nquwad ilwKarlce oownge a the propeAy Mrein enewnbered.
93
undivided 1/72 interest in fee, as described in Warranty Deed recorded in
Official Records Book 261, Page 56?, Public Records of St. Lucie County,
Florida. A~~~ ~ iti?~ttOtT~s
Ow Ow CYw "~C" iaYf~bN forsalol ?~gorp`
~ltilel~~t Ti Ctngl~r 71.1!4. Ave Of ti71.
4 Paragraph 4 and tftoee which rotow sn eenawied on the reverse aide ot1 this mortgage ~ ~ ~o( tlrs mortgage.
g~'~~~RtC~ ~
The terms Mortgage end Astoci tan, whenever used in this instrument, shall include the heirs, OertonN reprssanutives, wroassors or assigns of the respective parties
t+e.eto. WMrever used. the tirtgul 1 i the plural end the plural the singular, std the ute of any gactdar than include sal ganders.
IN WITNESS WHEREOF, h exawtisd on tlN dsy and yesr first above written.
Sigrte0, end m
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s?Art4tiF IT~b= couNTr of l[ARTIN
rhttrunt~ft veer acknowledged bNora me thit_25__ day of -f~~-, t9?9 by '
~siid CLARE FSLDI[AN, husband and wife, and RASKI ~
- KSN, husband and wile
. ~
Pu6~ic. Stott of Florld+ aft Latge R
Mtllil~pires ,
lilhl Ca-nmisiton c...w•
ecaNG err Ar.Mr~W for ? cai.dit'
Notsry Public. State of
~ , ~ ~ ~3~4 P~~ 47+0