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Home My WebLink About1844 e ~ ' c-saoA kc • sos81-a o . 4'7`7~2~~ I Soo d9o ~M ~ • THIS MORTGAGE INDENTURE Eaetuted chi. ai dw of February , A.o.,1880 , by KENNETH H. RAW$ and ROSEMARY RAWE, husband and wife party of the lust part IheninaftM tailed ttlortgagor), to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION • corporation existing under the Taws of the United Suter of America, party of the second part Ihereirtalter called the Association), WITNESSETH, That fa dwers good and valuable contideratior?s, and to feturt tM payment of the sg,regate surrt of money rranrd in tM portwuory note a oven date herewith, Mreir?alter mentioned, together with interest thereon and all other ttrens of money secured hereby ss Irertinalter povided, the Mortgagor dolt grant, bargain, sNl, Nits, rernist, raleaae, convetr and conlum unto the Association, in fee simple, the labwirg described real estate, of a+tritA rite Mortgages rt now seised and possessed and rn atWal potwuiott, fitwte in the county of St . Lucie start a Florid.. leg,lly ilescrrbed a, fawwt: Bs~ / 3 d, o D w M~Mf 11 Tl1~f ~ III {>ut= 'f't MTM lE~MI ~1~e u Q • ~ ~ eMAMEt ?4-~t1,11CR Ot ~?1. (see attached description) ~ ~~~~itl~R~~~ TOGETHER with NI strucwres and improvements now and hereafter on said land and the fixtures attat~red thereto, also together with all and singular the terrcarrents, lrereditsments, tasemMt; riparian rights and appurtenances thereunto belon9in0, or in any wore appertaining, and the rents, iswes, and pohu thereof, and Nw NI the estate, right, title, interest and NI claims and tferrwtds whatsoever. ss well M law ss in puny, of said Mortgagor in and to the sans. and every Part and pxcN thereof, and also alt gas and electric fixtures, rsdrattxt, heaters. aw conditioning puiprteM, ttrachirrery, boilers, ranges. elwators and motors. bathtubs, sinks, water closeu, water basins, prpls, faucets, and other plumbing and Nearing lixwres, mantels, rtfrigeraurg plans and ice boxes, window scntnL scrstrt doors, venetian blinds, storm shutters and awnings. which are now o. may hereafter pertain to or be used with, in a on said pemrses, even though they be detached or detaehable, are and shall be deemed to be tixwres and acceurwn to the Ireelrold and s pxt of the realty, and, it the above described poperty is now or shall hereafter be used for cornnrerciN purposes, tftM the furniture and lurnishrrrgs and any reptacsrrrents theraol which may be owned by the Mor tgaga and which are now or may lrertaf ter be located ttpun the above described popery. TO HAVE AND TO HOLD the same, together with NI the elute, right, title, interest, homestead, dower and rght o1 dower, separau elute, possession, dorm and demand whatsoever, in law or in equity, of the said Mortgagor in a+d to the same. and every part thereof, unto the sad Auocgtion in fee simpM. The Mortgagor hereby covenants with tM Attocisuon that the Mortgages is rrrdtfeasrWy seised with the absolute and fee sirnp4 title to said pWtertY. and has futt power, and Iawfu! wthorrty to tell, rnttvey, Transfer and mortgage the tarn!: that 11 Shall be lawful al any time hereafter for the AtsocialiOrt t0 praceaWy and quietly Mler upon, have, hold and Mjoy said property, and every part thereof; that said poperty K tree and discharged Irom all Irene, ertcurllbrantK, and claims of any kind, including (axes and assessments, except the lien hereof, which n s Irrst IiM on said property; that the Mortgagor vbiii r.:.:4e sutfr further aswrarrces to perfect the fee simple utk to said property +n the Assocraton as may reasorrNrly be required; and that the Mortgagor does hereby IuNy warrant unto the Assocrauon the utk to said property and will defend same against the mortgage Claims and derrrarrds of all person whomsoever. NOW, THEREFORE, the corx{ruon of this mortgage n such that it the Mortgages shaft well and truly pay unto the Association, the indebtedness ev+derrced by that certain pomissory rate, of even date frerewnh, made by the Mortgagor and payable to the Auociation, in the prrncrpat wen ol ---------SIXTY-SIR THOUSAND---------------------- _ DOLLARS IS 66 , O0~ . ~O 1, together with interest a; therein stated, payable over a term of 348 months, and shall Mrldm, tcrrrrply will arid at.uft+ hY each and every the stiputaticrri, a9reerrrents, cor.ditiorrs and covenants contained and set for Ih in thrS rrtorlgage and rn tM LnOm+ssory note secured hereby, then this mortgage and the estate hereby created shall cease and be null and void. TRANSFER OF THE PROPERTY; ASSUMPTION If a!f !+r eny part O1 ter! Property M an interest therein it sold or transferred by Morigspor without Azzociation's prior written consent, excludirp lal the creation of s lien or encumbrance subordinate to this Mortgage, (b) the creation of a purclrsse money security interest for household appliances, (c) a transfer by devise, descent or by operation of law upon tM death of a joint tenant or (d) the grant of any leasehold interest of three years or feu not containing an option to purchase, Auociation may, at Auociation's option, declare NI the sums secured by this Mortgage to be immediately due and payable. Auociation shall have waived such option to accelerate if, prior to the sale or transfer, Association and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person is satisfactory to Association and that the interest payable on the wms secured by this Mortgage shall be at such rate as Association shall request. If Association has waived the option to accelerate provided in this paragraph and if Mortgagor's wcceuor in interest has executed s written aswmption agreement accepted in writing by Association, Association shall release Mortgagor from all obligations under this Mortgage and the Note. If Association exerciseswch option to accelerate, Association shall mail Mortgagor notice of scceieration. Such notice shall provide a period of not less than 30 days from the date the nptice is mailed within which Mortgagor may pay the sums declared due. It Mortgagor fails to pay such wms prior to the expire tion of such period, Auociation may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 hereof. AND the Mortgagor doss hereby cotrertant and agree- : 1;'? 1 To pay all and srrtgtrlar the pnncrpal ~rtd interest and Other wms Of money payable by v+rtue a Bard pom+ssory note and Uris mortgage. or ether, pomptly a, C "O the days respecflvely the same severally become tfW. O ~ 2 To pay all and srrtgular tM taxes. assessments, otMr governmental levies. I+ab+6trss. obbgstans and encumbrarrtes of every nature on sad described poperty u + t ~ and the related debt scqursitan oath and every wMn due and payebb according to law. before they become delurquent and. d the same shall not bs Pompey o Q ~ ~ pa+d. the Assocraton may at arty «me. other before a after deltrrquerscy. pay the same vnttaut wa+wng or affecting the opt+on to foreclose. a am =o'= n. e? en hereunder. arid every payment so made shall bear interest horn tM date tMrsof at the rate of eighteen per teen 118961 per annum i o z r fH 3 That the Mortgagor will keep NI real and personal poperty now Or heresher encumbered by she Iron of tMs mortgage insured as may be regwred from tune to G al ~ _ «me by the Assocraton against loss-bY fin. windstorm and other hazards. cawak+es and conturgerrcres for such periods and for not less than such amounts as c ~ ~ may be required by the Assocatan and to pay pomptly when due all psm+ums for such insurance Mortgagor agrees to dakver renewal or replacemem ~ ~ parties of any nature or replacement urGficates of inwrance to the Associatarr. at least tM (1 O) days pror to the axp+ratron or anniversary date of the exist+ng ~ T W uapon+ the Mortgagorn to marwtarn such addrttonal rnsura~itceyas~may Ibe necessary to meet and comply idly with to-rnsrrrance rsqurrements contairned n lade ' ~ ~ ~ parties to the end that said Mortgagor Knot a oo-mwror tMrwnder •Irtwrarrce shall be wrriten by a tbrrrparry or oompanres appotred or des+gnatsd by the E ~ ~ 't Assocratron and all pOlrcres and ronewats thereof shah De held by the Assa:.istarr Ag detailed desrgnatans by the Mortgagor which ors accepted by the ~ ~ ~ o Assocratron and all agreements between Mtxtgagor and Assocraton rsfa«ng to inwrsnce. raw exis«ng a hereafter made. shag be in wrr«rrg and shalt be a pars of ells mortgage agreement asfully as though set forth verbatim herein and shall govern both parties hereto and than successors and assigns No Iran upon any pemrum whxh may be WYE on the csrtceUatron or termrnatgn thereof. shat) be givM to other than ~ ~ N of card poliaes of rnstuancs or upon any nfrxd a rotum _r ~ the Association, except by poper erdorMmant aftrxed to such patty and sppoved by the Assocraton EaM pokey of inwrarrce shall have aHrxed therew s Standard Nsw York Mortgagee pause without Con«rbution. making ores loss or losses render wch pdity payable to the Association as rte interest may appear ~ ~ d in trio evMl srryr sum or wms of ntorrey btco+m Wyab~ ttwraurtdet. the Assouation shah haves the option to receives and apply tM same txn acta:nt of the rn- debtedrwss hereby setxrred. or to permit tM Mortgagor to rstMw and use tt. or arty part thereof. vnthoyt thereby wsmrp or inrpairirp any egtrrry. hers or rrghl under and by virtue a this ttrortgagt. fn went a loss or physical damage to tM mortgaged poperty. the Mortgagor shall give rmn?sdiats notice fhsrea M marl to the Assocratron srd tM Association tray make poor a loss if the same is not made prompth by the Mortgagor. In event of toreclowrs of this rnwtgage. o. other « arnfer a «tle to the rrwrtgaged poperty. in extirtguisftrrtent a tfta rrrdebtedrtess secured hereby. an right. title and mtersst of tt+s Mortgagor :n and to airy rnwrsrrce pokciss then in /ora shall pass to tfN purchaser p grantee- TM Mortgagor further agrees to abide by the rules -and s:rsung regulatarrs at the Associatan. in c:ortrtectan with roquirad iMtrranq coverage a the property Mrert encumbered 1 Paragraph 4 and those nAtieh follow era congirted on rites rawrw side d this tnortgaga and M ratererta aro incorporated into tM body a tftis mortgage. The terms Mortgagor and Association, whenever used in this instrument, tfrNl include the heirs, personal repesMtatives, wooessors or ass+gns of the respective parties hereto. Wherever used, tiro singular number shall include the p1urN and the p1urN the singular, and the use of arty gender shNl include NI genders IN WITNESS WHEREOF, tfrest pemiea haw been txewted on the day and year lint Nxsvt vrritten. Sgrred, sealed and dNiwrad the presence of: • ISEAl1 H. RARE ISEAII ~ ROS MARY RAWE ISEALI ISEAU srir+r... eJ "0ti r, STATE OF _ - COUNTY OF ST _ LUCIL Y The fa ~ t before rM this ai ,,h, of Februar ,1980 br '~t KENNSfiHA- r lROSEMARY RAWE, husband and wife ~ a: t r>~ f: MY _ _ + M~ ~ ~ OF gORIDA AT LARGE . ,CQMtie)SiIOH EXPIRES SiPT. 6, 1930 Notary Iublit a - /OMDtptllAN GENERA: I:iS. UffDFRWRITERS tK~