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Home My WebLink About1838 1 C-s84A kc O,~ THIS MORTGAGE INDENTURE 5?498-8 E a~cut•d this ~e~ dw of February . ~D•. lg 80. err ~ SANTIAGO L. YI+LA3 and BBTH L. YLLA3, husband and wife party o1 tM first part Ihereirrlnr called Matgagorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~ a cwpaation existing under tM laws of tM United Suter of Ameriq, party of the faoond part (hMeinaleN quad the Association), WITNESSETH, TMt for divan good and v1uabN eatsideratiorts, and to tecun tlr payment of tM aggrpsa sum of money ttanted in tM promissory nou of even date herewiM, Isereirsalter rrsantiorted, together with interest thereon and all other sums of money secured hereby a hereinafrr provided. tM Mortgagor does grant, barg3:n, seN, alien. rcrrrise, re1NM, convoy and conlum unto tM Associatan, M fee simple. tM Idlowirg described real pure. of which the Mortgagor is now seised and posrued ad in actual poansan, shwa in the County of sQt • Lucie . State of Fbrrda, legally rtescrN,eti ~f°'~~Condominium Parcel No. 6583 of BEACSrREE II, a Condominium, according to the Declaration of Condominium thereof as recorded in Official Records Book 381 at Page 8609, and any amendments thereto, of the Public Records of } St. Lucie County, Florida. TOGETHER with NI structure soil improvematts now soil IrrNfter on said fared and the fixtures attached thereto, abo together with all soil sirsguls? the tenements. hc.editamertts, essamertts, riparian right and appurtenarsgs thereunto bNortgiryl, a in any wise appertsinirg, soil tM rents, isa+es. end profits thereof, and also all the elute, right, title, interest and all cyims soil derrwtds whatsoever, ss well in law a in equity, of said frlortgagor in and to the same, and every part and pargl thereof, and also all gas and electric /fixtures, radiator, Maters, ai? corwlitionirsg equipment. rriachirtary, boiler;, ranges. eNwton and motors. bathtubs, sinks. water Naets. ureter tsauns, pipes. faucets„ and other plumbing and heating iixtur@'s, r~.YttElS„ refrgeratirg plans and in bore, window acreaes. lasso doors, venetian blwsds, storm shutters and awnings. which are now a mey Mrgftlr pertain tour be used with, in a on said prerttises, even though they be detached a detachable. ere and shall a deemed to be fixture and accettions. to tM freehold and a part of tM realty, and, it tM above deuibed property is now a shall hereafter be used for conrrrrcial purposes. tMn tM furniture and furnishings and any replacements thereof vvlsiM may be ovvrsed by tM Mortgagor and which are now a may hereafter ba located upon tM above described WoMrtY• TO HAVE AND TO HOLD 1M same. together vwth all tM sure, right, title, interest, homestead, dower and rigl?t of dower, separate cute, possession, claim and demand whatsoever, in Isw a in equity, of tM said tilortgagor in and to the same, and every part thereof, unto tM said Association b fee simple. TM Mortgagor Mreby coverwtts with tM Association that the Mortgagor is indefeasibly seized with tM absolute and tae simpN titN to said property. and has fu11 power, and lawful authority to sell, convey, transfer and mortgage the same: that it shall be lawful at any tirrse hereafter for the Association to peaceably and qukih corn upon. have. hold and enjoy said property. and every part thereof: that said property is free and disdsarged from all liens, erttisrrtbrarsces, and claims of any kind, inthding uxe and assessments, except tM lien hereof, which K a tint lion on said property: that tM Mortgage will malt. such further assursngs to perfect tM tee simple title to said property in tM Association as may reatasably be requred: and that tM Mortgagor does hereby fully wa?raril uirii.:itC r>:asOCiatiOn tM titN to said property and wolf defend same aga~rsst tM mortgsgt claims and demands of all persons vvlsomsoever. NOW, THEREFORE, tM corNfition of Mis mortgage is such that it the Mortgagor shall sell artd truly pay unto tM Association, tM indebtedness evrdertcad by than certain promisory nOr, of even date herewith, made by tM Mdtgsga and psyabN to tM Association. in tM C'rncM>t turn ol -------FIFTY-SEVEN THOUSAND, TWO HUNDRED------------- DOLLARS is 5? ,200.00 1, together with interest ss tlserein stand, payable ow. a term of 348 months, anti shall perform, comply with and abide by each and awry tM stipulations, agreements, corrditiorts and covenants contsinad and set forth M this mortgage and in tM promissory rate secured Mrebv. then this mongaga and tM stag Mraby created tlrall glee and be null and void. AND tM Mortgpa does hereby covrsant and agree: 1. To pry all and singtYar tlta ottnitpN area ir?1srNt and otlrr sums of massy payabN by virtue of said prarwssory note and this mortgage. a atfw. promptly ors tM days rppctiwly flea same seveaNy b•oom• dw. 2. To peg aM and singular tM taxes. aas•Mnrnts. other govsrnntental levies. YabifitiN. obYpatbru and ertcumbnttas of every nature on sad d••cribed property and the related debt aoquiaitiort each and every wrMn due and payabN aooordirtg p law. b•bn dry beoorne deYrtgtsertt and- it the same shall nor be prompthl T t7s paid. tM Assoaation miy at any tiro.. •itlrr b•itu• a afar daYngtrerw.y, pay tM same without wsrvirg 9K~ect~irsp the oPt~ to toreeloee. w any nght ~ ~ ~ frrourtder. and .very paynsent so made shah bear interest from tM dst• dssr•oi at the rag of 1E pK ~^t- 3 That the Mortgagor wiN keep aM reel and parser) property raw a IserMhr Mtprrrtber•d by tM lien of tftis mortgage irrtrrad p may be required hom ttrrse to < time by the Assowtion against loss by fin. vvirdstam and other lsazsrde. csawtti•s and arttirtgertcras /or such periods and for not less titan leech amounts as a. ~ may be roquirsd by tM Assowtion and n pay prompth wlrn dw aM premiun+s for arils insuranp. Mortgagor sprees to ddiwr renewal or replacement ere po4ctes of any nature a npUament artificat•s of irrurana to tM Association, at Nast tan 1101 days prig n tM expiration a anniversary date of tfr existtrsg pofiaes. TM arttotwt~ of irtstxarsq required by tlt• Association shall be rtwtirtwm amounts for which said irrursrsc• shah bs written and it shag be rtarmtrnt upon tM Mortgagor to maintain strut additional iraurartoa as may b• rra•sMy to mNt and canph tuMy with all oo-inwrance requirements ca?tairrd in said policies to tM and that laid Mortpsga is not a oo-iraurw drnw+der. Innwarsa shah b• written by a oompanY a oomper*es approved err dw0nat•d by tl'e ~ ~ ~ Aeociation and all policies and rerrveaN thereof abets be Itew by fits Aaociation. Ace detailed designations by the MortWpa which aro accepted by the Association and all agnenrnts between Matgagw end Avocation raNting to irtetxarra. rww existing «hweaPoar made. altar bs in writing and shag be s part ~ 01 this mortgage agr•emMK as hrMy as thargh sat forth verbatim herein and shag yovrn both parties hereto and their stscavors aril assign- No ken upon any . of said poYdes of rtsursna a upon any t•hMSd Or r•tum prrttwmwftich may W payabN on tfr cartoeYtion or terrrtesetrort thereof. shM bs giver to other than 0 tM Association. a:cps by proper •ndort+ssnsrst sM6c•d to such pony and appovd by tM Assowtan. Ends poker of iruurance aMY lrve aNmed thereto a Standard Naw York Matgapee CNtae without Contribution. making ad loss a losses tattler such potiry payabN to tlt• A:maation as its interest may appear. In tM event any sum a sums of matey b•twnt• p•yabN tlrreurtder.lM Aeeociation slrK Isaw tlr option to r•oaw srtd apply the same on accarnt d tM n- I ~ dsbtedrrss herby assured. err to permit tlr IY{ortpapor a no•iw and uw it a any pert HrreW. vvitlwut thereby waiwsp or wnpsirttp sr+y ~quiq. Yen or right .r under and by virtue ~ this mortgage. Ns •verst of bee a phyaicM damage to tM matpsped property. tM Mortgagor ehsY yn• urwrsedisa nobc• thereof M rttail s¢ to the Asaociaton and tlr Asaoc~ior? may nssk• proof of bee d the came s nor made prompW by tM iNorWspor. fn •vem of br•dasx• d this matgiage. err p ` other transfer of titN to the rtarpsped property. in •xtinpuielrnMSt of tM indsbtedMas aecw•d Aereby. aM right title and inprest of the IlAortgapor in and to f any irsswanos poYaes tlrn in fora shah pass a tM pssrdwsr « grange- Tlr Mlortgspor twthar agrees to abide by tlr rsrNs and aratirsg nguNtiar of the Association. in oorrter.'tion writs r•gtrr•d irutsrartoe average of pee progeny herein •rsctrstber•d. SUBJSGT TO tee and conditions of above Declaration of Condominium and any amendments thereto, and restrictions, easements and reservations of record. L Paragraph 4 and those which tonow an oattainad on tft• owns side of this rrrorspag. and by rlar«ta an irtarporated irtea the body et drs mortgage. TM terms Matgagor and Association, vMNrrver used ws this irotrunsent, sha11 include dte Mire, personal rapresnutive, sua+esson err assigns of tM respective parties hereto. WMrever used, tM singular rwrrtber else)) irtckrde tM plural and the pkrral tM sietgular, and tM we of arry gender tf?alt include all ganders. THE E f~, these premises havg been exearted on the day and yen fiat above written. tfte _ ISEALI ISEALI ~c~~~ r • BETH L. p ISEALI I ISEALI - STATE Cf 11fISCONSIN couNTY of ' ~-t' • TM foregoing instrurrrnt vas acknowledged before me thrs deg of y 9 YLLAS, husband and wife . ~r- - ~ SANTIAGO L. YLLAS and BETH L. _ r - ~N~a March 15,1981 - _ My commission expwe t r~1 N•t~rYtt•Mic. Suu of