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Home My WebLink About1678 r C- 3 91A cr • THIS MORTGAGE INDENTURE 53447-2 ~ d ' Exact?ted flies 6 day of August . A.o,. tg 79. M . GARY M. SPINDSL and JAMS D. SPINDSL, husband and wife ~~s.~vpl parry of tM frost part lheeinattM called Mestgtgesl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corporation existirq under tM laws of tM United Sutes of America, party of tM second part (MreinaltM cafMd tM Association), WITNESSETH, Tlsat fro divers Good and valuabN txsnsideratiesss, end to sscwre tM psyrtsMt of the aggregate sum of money nansad in [M promissory note of even date herewith, hereirsattN rnentiotsed, together with intNast tMreon and all otfier swiss of money secured hereby as Mreinalta provided, tM Mestgages does grant, bargain, sell, alien, remise, rttleaee, convey and contum unto tM Atrociation, in fN aMnPle, tM lollowirsg detcribad yeas estate, of which the Mortgagor is now saaad srd possessed eras rn actual possession, sitwte in tM County of St a Lucie ,State of Flada, legally sfescrrlrnf. asfwbwa: Condominium Parcel No. 5614 of Golf Villas, a Condominium as per the Declaration of Condominium thereof, recorded in Official Records Book 302, Pages 1250 through 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. SUBJECT to terms and conditions of above Declaration of Condominium and Amendment thereto. TOGETHER with all structures and irrtprovetrrants rsow and hereafter on said lard and the fixtures attad»d thereto, also together with all and sitsgular she tenements, hereditsrtsents, easertsents, riparian rghts and appurtsr?arsces thawnto bNorgirg, or in any wise appertainrrsg, end the rants, isssses, 3Rd iro!i!s t!tere!+t, ~ elm alt the estate. right, title, interest and all claims and derrsar?ds whatsoever, as well in law as in equity, of said Mortgagor in and to the same, and every Part and Puce) ttsertof, and also all gas and eNctric fixtures, rsdiston, beaten, air casditionirsg egssiprnant, trssthintry, boilers. rersges, ekvatess and motors, Isathtubs, sinks, water closets, water tsasrns, Pipes, faucets, srd other plwnbirg and Isestirsg fixtures, manttls, nfrigerstirg plans and ice boxes, window screens, screen doors, venetian blinds, atom shutters and awnings, which are now M may tsareatter pertain to or be used with, in es on said premises, even though they be detached or detachabN, are and shall be deemed t0 be lixtures and accessrorss to the freehold and a put of tM realty, and, it tM atiow described property is raw or shall hereafter be used for corrwrracial purposes, then tM furniture srd lurnishirtgs and any replaCMtlntt thereof which may bf owned by the Mortgagor and which ere nOVrr or may haeafta be located upon the above described property- TO HAVE AND TO HOLD the same. togstha wiM all the esute, right, title, interest, homestead, dower and right of dower, separate esute, possession, claim and ~ demand whatsoever, in law or in equity, of the said Mortgagor in and to tM same, and every Part thereol, unto the said Association in lee simple. The Mortgagor hereby covenants with tM Associaton that tM Mortgagor a indefeasibly seized with the absolute and lee simple title [o said property, and has full power, y and lawful authority to sell, convoy, trsrssfa and mortgage the same; that it shall be lawful st any time hereafter fa the Astwcution to ptaceaWy and quietly cute ulbn, nave, hold and enjoy said propatY. and evaY Part thereof; that said property is trot and dischsrgld from all liens, encumbrances, and claims o1 any kind, including taxes and assessments, exgpt the Tien hereof, whicfi is a first lien on said property: that the Mortgagor will make such further assurarsces to perfect the feesimpk tdle to said property .n tree Assocation ss may reasonably be required: and that the Mortgagor does hereby iuuy warren[ unto the Associations the title to laid prcpaty and w!U defend same against the mortgage claims and demands of all persons whomsoever. NOW, THEREFORE, the condition of this mortgage n such that if the Mortgagor shall well and truly pay unto the Association, the indebtedness evidenced blt that certain promissory note, of even date herewith, made by the Mortgagor and payable to the Association, in the principal win of ---_-----TIiIRTY-SIX~THOUSAND, SEVEN HUNDRED,---------------------- DOLLARS . is 36, 700.00 together with interest as therein stated, payable over a tam of 348 months. and shall perform, comply with and abide by eat9? and every the stipulations, agreements, conditiorss and covenants contained and set forth in this mortgage and in the promissory note secured hereby, then this mortgage and tM state hasty created shall cease and be null and void. ANO tM Mortgagor doffs hereby coversant ttrd spice: 1. To pay aN std ttirqular tM principal and interest and Otfser wins of money payabN by virtue of said promsssory note and tlws mortgage. or either. promptly on the days rsspsctiwly the came severaNy Decortse clue. , 2. To pay aN and ttusgtrlar fns taxes. ssa.ssrnartts. other govertsmentel levies. liabilities. Obligations and encumbrarsces of every nature on sad dsscnbed prtsperty and the related debt acquisition each end every when dw and payable according to law. before they tssoonse delusgsrsnt and. N the same shall not be promptly pad. the Association may at any urrle. eittser bstese es after dshngsisncy. pay des same without w or aHettirq tM option to foreclose. or any right hereunder. and every payment tw made shsN beer interest from the dot. dtereot at the rau of Der annum. 3. That tM Mortgages lung keep sN real std personal property now es herwfter erscumbered by the hen of this mortgage insured as may bs required from time to time by the Association against bas by fin. windstorm and other hazards. cswaluss and contirsgasciss for wch periods and for not less than suds amounts as tnay bs required by tM Association std to pay DtomPtM vrl?en dw aN premwms for such irssisrersce. Mortgagor egress to deliver renewal or replacement policies of any nature or replacement certificates of inwnna to the AssocNtion. at least ten (101 days prior to tM expiration or antrverssry date of the existnrtg pdiues. The amounts of insursnoe rewired by the Asuoaatton shah bs minmum amounts far whirls said irtwntice shah be wnnen and it shell be rrscismbent upon the Mortgagor to maintain such addtioMl inwnrsce as may be necessary to meet and comply !ulh with aN oo-irswrance roquirensasts conuined m sad pdicies to the and that said Mortgages is not • co-inaues thsrewdar. Irstarrarsos shah bs wnnen by a twnspsrsy or tbmparsiss approved es designated by the Association sni sN pdicies and ntsawsls tlseraof shah be held M tM Association. AN detailed detsignatiass by the Mortgagor which ire accepted by tM Assodation and aN sgrNmeftri bstvvssn Mptgages and Association relating to wqursrsp, now sxisttng es bsreahsr made. stssN bs b vvnwp and shah bs a part of this mortgage agrssnsent ss fuNy ss though set forth vsrbstim herein and shah govern both parties trersto and their slrtxassors and assigrss. No ken upon any M said D of trssursna or trpon any reWrsd a retwn premium ssrhicA maybe psysbN on the utscegation es termination tfsereof, shah bs givers to other ttsan tM Association. except by proper etsdorssment affixed to such poNcy and approved by tM Atssaciation. Each poNty of insurstsce shall have affixed thereto a ~i Standard New York MoKgsges Clause without Contribution. making aN bee or bases wader such Do~Y WYE to tM Association ss its interest may appear. ' In the event airy win or sums of messay bscorrse paysDls tlsereursder, the Association shah have tM optan to receive and apply tM same ors account of the in- dsbtednsss tssreby setwted. es to permit the Mortgagor to receive and use il. or any part thereof. without tMreby waiving or impairing airy egwry. bats or right urdsr and W virtw of flies mortgage. In everst of bas or pfsysical damage to flee mortgaged property. tM Mortgages shah give immediate notice cheroot by mad to tM Association and tM Association may make proof of bas if the same is not made DIY by the Mortgages- In event of totecloswe of this mortgage, es other trortefer of tide to tM mortgaged proPertY. in extirsguisssrneist of the irtdsbtedtrp secured hereby. aN right. title and interest of tM Mortgages in and to ; any irsswarsce policies ttNn in force slseN pass to tM pwdsassr es grantee. TM Mortgagor further agues to abide by the rules and existfrq rpulstans of the Assowtion. in cOrrsaction with required inswanq txrwrsge o/ tfN property Isareirs etspsrrsbered. ~ _ , RECElYEO : ~ ~ • ~b iN PAYASEIIT Of TAXES ~'7 ~ r ~ T ~ ~ ` ~ l_ ~ ~ ~ ' i Ou=_ ox CLASS 'C' l1iTAfIG'E!E Pf1;Sit:Al PROFEBTY c iJ•~'_~~rMEt~~?ARY.-~ <,~?;_tM_- T ~ PORSt;:uli TO CkAPTi` 71-;.4. ACTS Of 871, r c~J f ~ - - ~ - , ~ ?9 t:~ 5 5.0 5 ! a~x ar~nrr ctwtsa sL urea ~o. ~u. 4. Parsgrsph 4 and those which foNow an contained an the reverse side of tfsis rrsortgage and by reference sn incorporated into the body of this mortgage. The terms Mortgagor and Associaton, whenever used in this irsstrurrient, alsall include the Min. personal reprpenutives, successors es assigns of the respective parties Hereto. WMrsva used, tM rrrsgutar rsutrsber shall include tfst plural and tM plum tM tsirsgular, and tM use of airy gtnsder shall irselude all genders. IN WITNESS WHEREOF, these beers extorted day and year fiat above written. S ,salved ddiverW en oh n _ 1 • ~ f~-~- (SEALI GA12Y M I EL . + (SEAL) - D. SPINDEL .,.:~11a;;~: ' - v, ~ - (SEAL) ' r- x' 4, , • ISEALI _'~'ti ~o_ .-U STATt-,vE--~-= * r COUNTY OF ~ • ~Cg' • v ~ ~f rThetr/r ttgi ~kr!diA~dged bNoro me this 6 day of August , 19? M GA~t~ and JANE D. SPINDEL, husband and wife ~ • • ~ t~ of • r_, ,'~t:.,• • d s _ z ~ Iq~/lRY IUKIC sTA1F Of 1tAtt0A AT tJ1~ My canwgission expires . • ~01oEO 11~ Gem ttrs • t~tM~t16~ Florida Notary Public, State of 6oir PAGE