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' 60462-2 ~ ~
THIS MOR'IiGAGE INDENTURE
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E,ecuted the ''day of April . A.o.. is 80, by ~ S
GEORGE HARDING and VERA HARDING, husband and wife 4 ~+~J;;~
perry of the lust part Ihae,naher called Mortgagorl, to
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION
a corporatiesf exstirg uvular the Taws of the Unwed States of AmerKa, pYry of the second part Iftere,nalter called the Astocstanl,
WITNESSETH, That fes divas good and valuable consrdaahons, and to secure the paymero of the agyregase sum of money nansed in the promissory note of even date
nrrewith, herernatta mentioned, together wuh interest thereon and all other sums of money secwtd hereby ss Mranaher p,ov,ded, the Mortgagor does grant, barga+n, x11,
alien, rerrt,x, rekax, convey and confirm unto the Assocutron, in lea srmspk, the tollowrng described real estate, of which the Mortgages is now xiiad and posxssed and ,n
xtual posxss,on, s,wate in the county of S1 a LUCITs State of Fla,da, legany described
as k+lloryt.
SEE LEGAL DESCRIPTION ATTACHTD
TOGETHER with all suuctwes and ,mprovements now and hereafeer on said land arxf the fixtures attxhed thereto, also togesAer with art and siryular the sanements,
nered+tarnents, easements, riparian rights and appurtenartcK thereunto belorigirtg, or ,n any w,u appertaimrg, and the rents, slues, and profits thereof, and also all the estate,
r i~nt, talc, interKt and all clams and Demands whatsoever, K wall in law as in eytiNy, 01 sa+d Mortgagor in amf to the same, and every part and parcel thlraol, and also all gds
end electric fixtures, rattiatess, heaters, ere cundiuomrsg egwpmem, mach,nery, bolos, ranges, devatois and motors, t>athtutx, sinks, water clouts, water basins, p+pes,
i.fucets, aril other plumbrny and heat+ny f,xturK, mantels, refrigeratirg plans and iCe boxes, w,ndow screens, screen doors, vMel+an blinds, slam shutters and awnings, avhich
ere now u, may hereafter per tarn to of l+e used w,tn, in or on lard prem,ses, even though they be detxherl or detachable, are and shall ttt deemed to ltt fixtwes and access,ons
to '!.e Ireehold and a part of the realty, antl, ,f the above described property is now or shall hereaher tie used for commercra! purposes, Cher. she twmtwe and lurmsh+ngsand
any replar;ements thereof which may be owned by the Mestgagpr arscl which are now or maY hlrealter be IOCated upon the atsove described property.
TO HAVE AND TO HOLD the same, together wnn all the estate, right, tale, mtereit, homestead, dower and r,ght of dower, separate estate,posxss,on,cla,mand
drrnard wfiattOever, m law o. in egu,ty, of she level Mortgagor ,n ar,rf to the same. and every part thereof, unto the card Assocwtion in tee s,mple.
The Mor tgayor he,N+y covenants wish the Association that the Mestgago, rs indefeasibly xized wrath the absolute and fee'simpk utk ro lard property, and has fuv power,
ern.i lawful authOrrty to sell, convey, Iransfrr ars,f mortgage the wine: shat it shall be lawful at any tune hereafter la the Association to peaceably and sluiesly enter upon,
r:e.r- hold anif enluy card property, and every part thereat, that sd,d property s tree and d,uharged hom alt bens, ericumbrancls, and clarms of any k,nd_ including loxes and
nssrssments, except the hen htreA/, which rs a lust hen on card property- that the Mortgagor wilt make such funher assurances to perfect the fee simple title to said property
~r. lnr Assoc,auon as may rrestx,aWy t+e regwrial, arW that the Mortgagor does hereby rutty warrant unto Ilse Assocwtion the tale to add property and wdt defend same
,y.,,nst the mwtyaye clarms and ,fmands tit all persons whomsoever.
NOW, THEREFORE, the conDrhun of this mortgage s such that d the Mmtgagoi shalt well and truly pay unto she Assoc,ation, the irsdebterlness
„riencal by that certain promissory note, of even date herewith, made by the Mortgagor and payable to the Association, m [he pi,ric,pal sum
'~--------FORTY SEVEN THOUSAND, SEVEN HUNDRED and NO/100--------~----'--- DOLLARS
5 4 7 ~ r700 a OO toyemer wan inta6t as therein stated, payable ova a term of 348 months, and shall
Ik ~ fr,im, cony,ty w+th antl atnde by each anil every the supulauons, agreements, conduions and covenants conta+ned and xt forth in this mortgage and m the promissory note
u•c tired hereby. then the mortyage anif tf,e estate hereby Created shall wax and be null and void.
TRANSFER OF THE PROPERTY; ASSUMPTION
If all or any part of the Property or an interest therein is sold or transferred by Mortgagor without Association's prior written conxnt, excluding (a) the
, reation of a Irrn or encumbrance subordinate to this Mortgage, (b) the creation of a purehax money security interest tut household appliances, Ic) a transfer
cry devise, descent or by operation of law uaon the death of a point tenant or (dI the grant of any leasehold interest of three years or less riot containing an
ulrtiOn to purchase, Association may, at Assxiation's option, tlettare all the sums secured by this Mortgage to t>e immediately due and payable. Association
,hat' 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
+yreement in waning that the credit of such person is satisfactory to Association and that the interest payable on the sums secured by this Mortgage shall t>e
+r such rate as Association shall ree.uest, If Assoctation has waivetl the option to accelerate provided in this paragraph and it Mortgagor's successor in interest
r•ss executed a written assumption agreement accepted fn writing by Association, Associatwn shall release Mortgagor from all obligations under this Mortgage
+r,d u+e Note-
I t Association exercises such option to accelerate, Association shall mail Mortgagor notice of acceleration, Such notice shat! provide a period Ot not less than.
3U clays from the date the notice is mailed within which Mortgagor may pay the swirls declared due. If Mortgagor fails to pay such sums prior to the expira-
r ~~,r, of such period, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 hereof-
AND the Mortgagor does hereby covenant and spree
T To pay all and singular the pr,ncipal and interest and other sums of money payable by virtue of Bard promssory rate and this mortgage. es edher. promptly ort
the days respectively the same severally become due ,
2 To pay ail and singular the taxes. assessments. otMr governmental levees. I,abil,tiss. obligations and encumbrances of every nature on lard described property
and rise related debt acqusitipn each and every when due and payable accesding to law. betese they become delinquent and. d tf,e same shall not be promptly
yard the Assoc,ation may at any Ome. srther before or aher delertgr/snty. pay the same wdhout waiwrsg or affecting the Option to foreclose. es any right.
s ~ hereunder. and every ;ayment SO made shall bear ,ntersst from the date thereof at the rate of eighteen per cent I1 f39t,1 per annum
~ 3 Tnat the Most a es w,l1 keep all real and rsonat r rt rtbw es hereafter encumbered g ge y equ+red from t+me to
~ ~ m 9 9 Pe Dope Y by tfse ben of this mest a insured as ma be r
o . t.nre vy the Assocratron against loss Dy fire. wirdstesm antl other hazards. Gsualties and contingencies (es such periods and les rat less than such amounts as -
~ e may t+e reVuired by rite Association and to pay promptly when due all premiums tes such insurance Mortgagor agrees to debrer renewal es replacement
4 ~ O• puocres of any nature or replacement certificates of inwrancs to the Assoc,ation. at least ten I t 01 days prior to the expiration es anniversary date of the existing
~ - ~ r~rf pol,cres The amounts of insurance regwred by the Association shall be minimum amounts fa which said msuranCe shall be written and it shalt be incumbent
~ ~ uiwn the Mortgagor to maintain Such addrt,Onal insurance as may be necessary to meet and comply fully wdh all co-,nsurance requirements tontainetl m card
L. ~ Os pobues to the end that sad Mortgagor is not s co-inwres thereunder. Insurance shall be written by a company es companies approved or designated by the
~ p Assa.iauon and all pol+c,es and renewals thereof sf+ett be held by the Associatan AM detailed de natant
~ ,,,0 sig by the Mortgages which are acctapitsd by the
_i: Asses:+ation arxt all agreements between Mortgages and Associatan relating to inwrarxe. now existing es hereaher made. shall be in wrung and sftal! be a part
,Q .p of this mortgage agreement as fully as though sat forth verbatim harem and shat) govern Roth pirt,es hereto and their successors and assigns. No hen upon any
~ ; w t•Z of Bard pohaes of insurance or upon any refund or return premium which may be payable on the cancellation or termination thereof, shall be gwen to other than
- ~ the Association. except by proper endorsement affixed to such policy and approved by tM Assoc,ation Esch policy of ,nsurance shall Nave aHaed thereto a _
r cr t Standard New York Mestpagee Clause without Contribution, malting all bas es losses under such policy paysDle to the Associstan as its interest may appear.
-i ` ~ !n the event any sum or sums of morsey become payabb thereunder. the AsfOCiation slsall Mve the Opt+Ors to rece,ve and apply the same on account of the in-
debtedness hereby secured, or to permit the Mortgago• to receive and use d. es any part thereof. witfaut thereby waning es impairing any equity, hen or right
- ~ ~ ~ under and by virtue of this mortgage In event of Ions es physical damage to the mortgaged property. the Mortgages shall give immediate notice thereof by rnad
to the Association and the Association may make proof of bas d tits same a rat made porrsptly 6v the Mortgagor. In event of torscbwrs pl this mortgage. a
~ ~ other transfer of title to the mortgaged property. in extinguishment of the indebtedness secured hereby. all right. utter and interest of the Mortgages m and to
- ~ airy ,nsurance pobc,es then m force shat) pass to ttte purchatiM or grantee. The Mortgages further agrees to etude by the rubs and existing regulations of ttse
Assocrafion, m conrsectron wsh rsgwred inwrance coverage of the property Mrein encumbered.
4 Paragraph'4 and those wMCh fotlovir are contained ore the revNN side of the mortgage and by referenq are incorporated into tfse body of this mortgage.
The terms Mortgagor and Association, whenever used in this mstru:rent, shalt irKlude the hairs, personal reprtrerttatwas, successors or ass+gns of the raspectiva parties
Hereto, Wherever used, the singular number shall include the plural and the plural the singular, and the ux O) any gender shall erselude all ganders.
IN WITNESS WHEREOF, thex premises have been a:ecutad on tNe day and year first above wring
Signed, sealed and fiver n W rice
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A, RING' ISEALI
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STATE OF - COUNTY OF
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Thexl. • . , .7~ acknowledged before me she Of Apr 7.1 , 19 8O by ,'et if j
GEORG~, ~-~~'tQ ,vERA HARDING, husband and. wife ~
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~ E E'~ R. i ' _ - : / tflwt ri0iitieG
fibt lalGrysion ettpitei' Y - ~ - _ ~ .ice
' • - ~ Notary Public, State of OHIO / ,
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