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THIS MORTGAGE INDENTURE 45649 58430 -2
ex.cuud u 15 d.y w August , A.o.. te79 , a
PARK R. YEYSRS and MARILYN J. 1LEYSRS, husband and wife f0~
petty o1 tM /first part (ltarairtslgr ulkld Matgagorl, to
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~
a corporation exigirq under tlw lafvf of tM united Suess M AnNrita, party of tM teoond part Ilsereir?a/tar catNd tM Aaociationl,
WITfYESSETH, TAN for ditrert pod and vakreble cortsidaratiora, and to factwe tlta peymsnt of tM aggregaM awn of mousy nantsd M tM prorrwswry note of even d+te
herawitA, ltareirtslter mandated, together with interest ehsreon and Nl other awrte of money aecund Aaraby as hsreinalter provided. tM Mortgagor does grant, bargain, sell,
slim, ratt?iea, releaM, cortwy and twrtlirm unto the Awociatiat, in fN tirrtple, eM followirq daaaibad reM cute. of whits tM Matgapr b now faired and postessad «d w?
actual poasesgn, sitWq N tM County o/ St • Lucie ,State of Fbrids, lagaNy descrtbed
atfollowt: Condominium Parcel 5, of OCEANA OCEANFRONT CONDOI[INIUI[ ONE, according to
the Declaration of Condominium thereof, recorded in Official Records Book 245, ~
page 65, et. seq., and amended in Official Records Book 253, page 365, et. seq.,
and as further. amended in files December 28, 18?? and recorded in Official Records
Book 279, page 1612, all of the public records of 3t. Lucie County, Florida.
SUBJECT TO terms and conditions of above Declaration of Condominium and Amendments
thereto.
This is a purchase money mortgage.
TOGETHER with all structures and improwntents now end herNttM on raid Iartd end tM fixtures attscMd thereso, sho together with all and sirtgtrtsr tM tenements,
hereditamsntf„ aasarrtartts, ripartsn rights and appurtanartees thwaunto balagirtg, a in any wits appertaining, and tM rants, astral, and profits tharwl, end also alt tM estate,
right, title/, interest end all claims end demands vrltatsoever, as wNl in law as in puny, of ssid Mortgagor in and to tM same, end avert part and parpl tMraof, end slso ell gas
and aNeuie tixturef, radiators, Maters, air cortditionirtg aquiprrtant, machinery. boilers„ wrtgas, elewton end motors, batAtubs, sinks, watN clofats, vatar beans, pipes,
faucets, end otfter plwnbing and hwtirtg lixturas, msntals, n/rgeratirg plans and is boxes. window acrearts, fcresn doors, vertetian blinds, storm shuttps end awnings, vvlsicA
are now o< may hMNttN partsin to Or ba used vviM, in a an said premaes, atren though tMy bs datacltad or detschabla, are and shall ba daentW to be fixtures and sccetsiats
to tM freehold and a part of tM reslty, and, if the shove described property a raw or shall Mreaftsr be trtsd to earwrtarcial ptxpofes, tttart tM twniture and furnishwtgs and
sny nptaoerrtants tltarsof whicA may be owned by tM Mptgapr and which are now or may Itsraattp tta lopted upon tM above described property.
TO HAVE AND TO HOLD tM ssrrta, togtthar witA alt tM pate, ri¢n, til4, interest, homestead, dower and rght of dower, spsrau eats, popesston, clswn and
demand wMtfoevar, in law or inequity, of tM ssid Matgapr in and to tM same, end ovary part thereof, unto tM said Asaciation in tee simpM.
TM Matgapr Mntby covertirttf with tM Amociation tMt tM Matgapr a indafeesibly faissd wits tM sbsohru and fee sirnptt [itN ro aid property, and Ass furl power,
and Iaw1u1 authority to fell, cgwsy, trsnsfa end matgsga tM same; that it shall ba lawful at any time heresftar to tM Association to pesceably and quietly enter upon,
haw. Hold and enjoy said property, and every part thereof: thN said poparty a free end dacMrgsd from all litres, trtcurrtbrsnces, end cbirttt of sny kind, including taxes and
assessments, axtxtpt eM lien Mraoi, which is s lust lien on ssid property: thst tM Matgsga will melee such further atwwrtets to perfect tM fee simple title to said property
.n tM Associstion es may rttasonably be nqu'wad; and that tM Mortgagor does hereby fuNy wsrrant unto tM Auociation the title to said property end will delend same
against tM matgsge claims and demands of sN penorts vdtornsoaar.
NOW, THEREFORE, tM condition of this mortgage is such that ii tM Mortgagor shall wall and truly pay unto tM Association, tM irdebtsdness
evidenced by tMt certain promissory noes. of even dste herewith, made by tM Mortgsga end psyable to tM Association, in tM principal sum
err -------------FORTY-I'~OUR THOUSAND, EIG~ IIUNDRED---------- DOLLARS
IS 44 , 800 •00 1, together with interest es therein sated. paysbM over s term Of 348 months, and shall
perform, corrtply with and sbide by estit and every tM stipugtiorts, sgratments, conditions and eover?ants contained and set forth in this mortgage and in tM pomissory noto
secured hereby. then this mortgage and tM estate Mreby created shall cease and bt null and void.
AND tM Matgapr dog Mrebtr oowrwN and ++PN:
1. To ply aN and singular tM prinapN and irttereet and otlw sums of rttatay payable by vvtw of said promissory note end this mortgage. a either, promptly on
tM days refpactively tM same aaverally batame dw.
2- To pay err and airtpular lM taxes. aaaarnems. otMt gowntnwttM levies. kabilities. oblpatiorts and srtctrmbrartees of every naturo on said descnbed property
and tM rNatsd debt aoquaitiort sash and every caftan due and payabM aocordwtg to law. before they bstbrrte dNwtgtNnt and. if tM tame shN not be promptly
psid. the Assowtion may N any ems. ertltet bNae or after dalrtquent~y. pay tM Nate without wsivirtp or atfectirtg fits option to forecloea. a any right
des Mrauttdar. and .v«y peyrrwrtt so made altaM beer inurest from tM date tltareot at tM rat. of 15;G per annum.
, f ~ ~ 3. TMt tM Mortgagor vwt keep M rwl end pNSOnN IxoParty ~ or harpftar anwmbarad by tM ken of this mortgage insured as may ba raptwed from ems to
twos by the Association agairat loss by fwe, wirdetorm and other M:ards: casuNties end oontirtgertcin for such periods end for rot Iess flan such amounts as
a * ~ ~ msy be roquired by tM Aaoeistion and to pay promptly wMn dtre erg prerniurra for such instwann. Mortgages agrees to dakwr renewM or replatemartt
d ` ~ ,'r pokciss of any nature a repleamertt nrb6eates of irtatwarta eo tM Aaodabon. at least ten 1101 days prior ~ tM expiration « arrtiverwry dot. or tM exrstirtg
T policiu. TM anatwtu of imtwanoa squired by the Asaattiation Ntall a minirrwm smotx?ts for which said irarrrartn shall be writun and it shall bs trtwmbent
~ upon tM Mortgagor a maintain such additional irtsuanq as may be rtagwry to retest and comply fully with sN co•irtstwsrtce ragtrwemertu oontsirtad n ssid
policies to 1M end that said Mortgagor is not • oo-irgtuor tltNawtder. Insurance shah be written by a oorttparty a compMws approved or depgrtated by tM
w ~ 4-Association ittf aA pofidfa aHd rwwwaTi tliesa6f shad bi isstA try flu Aaeucia6on: 11f1 ditaied Qeargrtatioris Cry t
tTi Mortgapix vrAich-ir~ sbceptid t~l the _ _ -
~ ~ Association end aN ag?eantarrls between Mortgagor and Association rMating ro irtatwartce. rtow wstinp a ltersalter made. slt W be in vrriting and sMa be a pert
c ~ S of said of a po
i any rihrsd or retain premium wlwch may bs y~aWs on the carr.Mation or urminNwn~ tMreof ahagtwn to other tlw
° ~ ~ tM Association. eaupt by proper erdwserttent affixed to each pokcy and approved bti tM Asttowtion. Each policy o1 insurance shat haw affixed tttareto a
2 0 : ~ nt t~M
wrNit~ar?y w ~r bacon tMrew~d.r. d+.
A~sso«oNi~on
.M~w
haw~tM
o~paonwt
r~.oa~
v.~
~ th~i ianacootm
a-
~ ~ ~ 0 w dabtadnm ftareby saarrad, or to permRlAe Nlorigagor to receive and trN w a any part fhareoL ryitltout tltareby watvwg oc impatrwtg.ant-ttgtrttlr.JieA4~n~ht
tinder and by virtue of this mortgage In event of loss err pltyaicN damepa eo tM mortgaged property. tlts Mortgagor sites give irtwr»diau rtotice tMreof by mail
~ p to tM Association end the AsaoeiNion may make proms of loos d tM came is rat made prartptfy by tM Mortgagor. In event of toredoarn of this mortgage. «
otMr trsrtsh? of aw ro fife rrtonpaged property. in extinguralwrtertt of tM indebudrtaas seawed Mreby. all right title and interest of tM Mortgagor in and to
3 a: ant irowano. pokcies tften in rorp shat Doss to tM DurcMeM a grant. The Mortgagor ttrrtlter egress to abide M refs rukis and oiatwtg rgtr.oorts of tM
Association, in oorwteetiort with squired insurance coverage of fife properq herein ertetwrtbered.
~ s~
~ HI PAYMEIR Of TItXEt
O ~ T_ T t= ~
~ c r r=~ ~ ; r DtlE ON t.~l?SS rC U1TRt1sBLE P~aSOIiAI PRDPEfI~r
`r ' ~ ' ~ , • . ~ PURSIIGIQ TO Giikli.~ Ti-.:.~, I!t+`T& OF A7L i
'~^'_''JMENTAR`%..---:. ST,,,V~f' . ~ R~c.~R PsITRAS ~ ~
• z ' ~ ' r - ~ ti L': °.1 i. a~' ~ _ ~ - ~ Ct`ERX COYICi. it. WC~ CO. ~
_
4 Parsgraph 4 and utoea which tofbw are oatta:ted on ttte reverse aide of tltis enortgapa and by rebr«toa are irtoorporaeed iMO tM body of tftis mortgage.
ATM terms Mortgagor and Association, vvlterra+rar used in this irtstrumant, shall include 1M heirs. personal nprasntatiws, ftrotxtNO?s or sssigns of tM respective parties
hereto. Wfterever used, the singular nwrtbsr shall irtckrdt dta plural artd tM plwal the singular, end the use of sny gender shall include all gertdert
IN WITNESS WHEREOF. tftafe pamiaes hats bean exacutttd on tM day and year first above written.
• Sj~°/~foaled and dNivwW yg tM
R• ISEALI
(SEAL)
MARILYN ~
• (iEAL1
i• ' A L~_s
i _ •
LUCIE ~ `
STATE OF FLORIDA ~ ST. ~ ' ~ `
The laagoirg imtrumtrtt vas aeknowletlged before me this 1`5 dsy of AuRt1St , 19?9 by .~f ~ r.
MARK R. 11~YSRS and IL J . MEYERS, husl~nd and wife " , ~ ~r
d
My eonwnistion expi.es
r ' y .~r. t„ r. ti
f ~ ~ ~ Notary Public, Sts i t
- - g~315 ~~cE11~ ~ . _ ~ .