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THIS MORTGAGE INDENTURE ~ ~ I#s2s81-_~; } O
E=ecuted th+s day of April , A.D.. is 80.b1r CECILE LAURIE, unmarrried ~
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party of tM lust pert Ihere+nalttr celled kAortgagorl, to ~ r7
CHASE FEDERAL SAYINGS AND LOAN ASSOCIATION
a corporation exnt+ng under the laws of the United States of America, party Of the second part (heranafter called the Assocsatbn), i
WITNESSETH, That for dwers good and vatusWe considerationt, and to secure tM payrMM of the aggregau vein of rnOneY named in the Drom+ssory hole of even date
herewith, hereinafter mtnl+oMd, together with interest thereon and all other sums of m«ssy secured hereby st hereinafter provided, the M«tgagor does grant, bugam. Sttl,
alien, remisl, release, convey and confirm unto the Associauon,'in lee simple, the followirsg describW real estate, of which the M«tgagor is now seized and possesstKf arW m
actual possessipn, situate in tM County of ?St . Lucie ~ f~Stare of Flor+da, legally described '
3s follows' '
(See description attached) ~ - -'-'fi'r=~N1~tltiorr~slanop+•tt,;
TOGETHER with all structures and improvemMts now aril hereafter on said tared end the fixtures attached thereto, also together with all and s+rfgular the tenements, !
ne+ed+taments, easements, riparian rights and appurtenances thereunto belonging, or m any wilt appertaining, and the rents, issues, and profits thereof, and also a1? the esraee, t
r rant, f+tle, intNesf and ap clams and demands whatsoever, as well in law x in equity, of said Mortgagor in end w the same, and every part and parcel thereof, and also al) gas
and electric li><twes, rad+atas, heaters, au corWruonirsg equ+prnenl, machinery, boilers, ranger, etevat«s and mot«s, bathtubs, sinks, water closets, water basins, P+pts.
faucets, and other plumb+ng and heaririq Inrtures, mantels, refrigeraurg plans and ice boxes, wrindow screens, screen t100rs, venetian blinds, st«m shutters and awnings. whith
are now or may hereafter pertain to or tie used with, in «ori said prem+fes, even though they be detached « dltxhabb, are and shall lfe deemed to lft fixwres and accessions '
to the freehold and a part of the realty, and, rf the above described property is now Or shall hereafter be used for commercial purposes, then the furniture end lurnishrrsgs and
any repiacerrients thereof which may be owned by the Mortgagor and which are now or may hereafter be located upon the above described property.
TO NAVE ANO TO HOLO the same, together wren alt the estate, right, Utle, interest, homestead, dower and iigtlt of dower, sepaate estate, possession, claim and
demand whatsoever, in law or in equity. of the said Mortgagor in and to the same, and every part thereof, unto the said Assocwuon in fee simple.
The Mortgagor hereby covenants wrath the Assocuritxi that the M«tgag« is indefeasibly se+zed with the absolute and fee simple title to said property, and fix furl power,
and lawful authouty to sell, convey. transfer and m«tgage the same: that it shall be lawful at any Ume hereafter f« the Associatlon to placeablY grid quiltly Mter upon,
Ha,e, hold aril enjoy said property, and every part thereof: that said poperty i;free and discharged from all liens, erKUmbrancK, and clams of any kind, irfcluditig taxes and
assessments, except the lien hereof, which rs a fast Iren on card property, that the Mortgagq wd1 make such further xswarices to perfect the fee simple title to Said property
.n the Assoc+a[iOn as may reasonably tie reyuned. arW that the Mougagor does fKreby fully warrant unto the A!lOtratron the ark to said property and will defend same
.+~„its! the mortgage claims arW demands of all persons wAiasssoever.
NOW. THEREFORE. the c«wwon of this mortgage is wch that d the M«[gagor shaft wall and truly pay unto the Associatwn, the indebtedness
e~~denced try than cena,n promissory note, of even date ?,erewith, made by the Mortgagor and payable to the ASStfciation, m the pnncipaf win
:,i FIFTY SIX THOUSAND NINE HUNDRED FIFTY and No/100----------------- DOLLARS
,S 56, 950.00 together with interest x therein stated, paYawe over a term of --"-348----------- monthsi and chair
pe: farm, comply with and at»i1e try each and every the stifwlauons, agreemens, conditions and covenants contained and set forth m thn mongage and in the promissory note
secureef hereby, :hen this mortgage and the estate hereby created shall cease and be null and void.
TRANSFER OF THE PROPERTY; ASSUMPTION
!f all or any part of the Property o? an interest therein is sold or transferred by Mortgagor without Association's prior written consent, excluding Is) she
c,ea[ion of a lien or encumbrance subordinate to this Mortgage, Ib) the creation of a purchase money security interest for household appliances, (c) a transfer
ray devise, descent or by operation of law upon the death of a joint tenant or Id? the grant of any leasehold interest of three years or less not containing an
c:~rion fo purchase, Association may, at Association's option, declare all the wins secured by this Mortgage to tee immediately due and payable. Association
shall have waived sac/i option to accelerate it, 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 K satisfactory to Association and that the interact payable on the sums 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 successor in interest
nss executed a written assumption agreement accepted in writing by Association, Association shall release Mortgagor from all obligations under this Mortgage
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and the Note.
l f Association exercises wch option to accelerate, Association shall malt Mortgagor notice of acceleration. Such notice shall provide a period of not less than
30 days from the date the notice is mailed within which Mortgagor may pay the sums declared due. It Mortgagor fails to pay such sums prior to the expire
:.on of such period, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragrapA 15 hereof.
AND the M«tgag« does hereby covenant and agree
t To par au and singula+ the principal and interest and other wins of money payable by virtue o1 card pomissory note and this mortgage. «sittier. promptly on
the days reSpeCbvely the same severalty become due
~ To pay alt and singular the taxes. assessments. other governmental bursa. lubilitiss. gblipstioris and encumbrarsces of every nature on sax! described property
and the related debt scgwsrtari each and every wtfsn due and payable acc«ding to taw. bet«e they become dehrpuent and. if the same shall not be promptly
paid the Association may at any time. enlist tier«s or ahsr delinquency. pay the same without waivng « aHectrng the optan to f«eclose. « any right
hereunder- and every payment so made shall bear interest from the date thereof at the rate of eighteen per cent t 18%1 per annum
3 That the Murtgag« wdl keep ap real and personal property raw «hereaher encumberal by the hen of this mortgage insural as may be raquual from time to
tine by the Association aga+nst toss by firs. windstorm and other hazards. cawelties and contingetfcies for such periods and for not bas than such amounts as
may be required by the Associatan and to pay promptly when due ail premwms f« wch +nsurance M«tgag« agrees to deliver renewal « replacement
poHCies of any na[we or replacement certificstss of inwrance to the Association. at least ten I1O) days pray to the exgratan «anniversary date of the existing
polraes- The amounts of inwrance regwrsd by the Association shall be m+romum amounts f« which sad insurance shall be written and rt chap be incumbent
upon the M«tgagor to maintain such sddrtional insurarsca as may be necessary to meet and wmply fully w+th all co-inwrafsce requirements contairfitd in card
Iwhcies to the end that card M«[gag« rs not s co-inwr« tMreurxbr. Inwrsrice shall be written by a Company « companies approved or designated by the
Associatron acrd ap pol+Cies and renewals thereof shall be held Dy the Association. All detailed designstans by the Mortgagor wMCh are accepted by the
Associatan and all agreements between Mortgagor and Associatan retiring to insurance. now existing « hereafter made. shall be m venting and shall be a part
of this mortgage agreement as fully as though set forth vabaum herein and shall govern both parties hereto and then success«s and assigns. No Iren upon any
of card pot+cies o1 insurance « upon any refund or return pretnisim whictf may be payable on the prfcellabon lsr termination thereof. shall be green to other than
the Association. except by proper endorsement affixed to such potrcy and approval by the Associatan Each pdicy of inwrarsce shall have affutal thereto a
Standard New Y«k M«tgsgee Clause without Contr+pution. malting aN bas « losses under wch pdicY paYabb to the Association as its interest may appear
In the event any win « wins of money become payable thereunder. the Assocation slfall have the option to receive end apply the same on account of the in-
debtedness hereby secured. « to permit the M«tgagor to receive and ass rt. or any pen thereof. without thereby waiving « irnpainrsg arty equity. hers « right
under acid by virtue of tMS mortgage- In event of loss « physical damage to the mortgaged property. efts Mortgag« shay give immediate notice thereof by mad
to [he Associat+on and the Associatan may make proof of bas it the same K not made promptly by the Mortgagor. In event of f«fstlowrs of this mortgage. «
other transfer of title to the mortgsgal property. in extinguishment of the indebtedness secured hereby, all right. btb and interest o1 the Mortgagor rn and to
any inwrarice pdicies then in f«ce shap pass so the purchaser or grantee. TM Mortpag« further agrees to abide by the rubs and existing regutatans o1 the
Association, in connection vnth required inwrance coverage of tM property Mreus sncumberal
~ Paragraph 4 and those wtsfch fogovir ere contairfsad txs tM rwerw side of tlws mortgage end by re(erersce are xscorporatal into tM body of this mortgage.
The t M«rgagor and Assot,ate wAtney~r used in this instrument, shell intludt the heirs, personal reprttentatives, success«s « assigns of flit respective parties
Hereto. used, the singular nu shat lade the platy and the plural the singular, and the use of any gender shall include all genders.
1 WITN 55 WHEREOF, these m been executed on the day and year first above written.
algid spAec1 m the rice ot:
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(SEAL)
eci a aurae
ISEAL?
ISEAL)
(SEAL)
FLORIDA MARTIN
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StATE f,F COUNTY OF ~ E~~
='ri+.•i«ipoir~i~rst~wnent veer: acknowledged bet«e m. Chi:1_ ~L- day of ~~nr i 1 , tsBiQ b,r CEC I LE ~ '+i stf~ .
• s LA~~IE, unmarried,
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• ' , 4 - • Notary ou66c, State oT fbfid~ at Lawga iENo
~ ~ citpitts My CornmissiotiExmr« Der- 1;-~
. .r j: +r.' t aMar! 6r ArM+K1. /wr 6 C+surtY Cetai+zY
- • .r r•r.
• - - Notary Public, Sute of
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