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Home My WebLink About2564 C-693A cr 60251-2 THIS MORTGAGE INDENTURE ~ ~ ~ E .«uttd this ~S T N derv of Apr i 1 • . A.o., is $Q . by ~ 4•~a3866 KENNETH We HOFF and NICOLETTA A. HOFF, husband and wife party of the first part Iherornahir calltd Matgagorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corporation exrstirsg untfer the laws of the UnrtsW States of Amerrta, party of the second part (tterarnaflN called tM Assotialionl, WITNESSETH, That for divers good and valuable considerations, and to secure the payment of the aggregate sum of money named in flit p•omrssory note of even date ne+ewuh, hereirialter rnentrontd, together w•th interest thereon and all othN sums of money ftCUrtd hereby as heremalter prOVrdtd, the Mortgagor dots grant, bargain, sell, al,en, renirSl, release, convey and confirm unto the Assocratan, in Ile simple, the follovwrg described real estate, of whrch the Mongaga rs now seried and possessed and in xtual pussess,on, snuate m ttse County of STa LUC IE Stale of Florida, Itgally described es follows Q 7O SEE LEGAL DESCRIPTION ATTACHED. Ow 0n Intrgbl~htton~IVtrDpMty. pursuarn To Chaps 71.194. Acts O~ ~ x71. ~T•Ji ROGER POITRAS Cif~r! Circuit Coup. St. Luck. Corr Fes. TOGETHER with aft structwes and rmp+ovemems now and hereafter on said land and the hxtu+es anached therNO, also together vrrtl. all and singular the tenements. nrredrtaments, easements, ripdndn rights and appurtenancef thereunto belonging, or in sny verse appertarn,rg, and the rents, issuef, and profile thereof, and also ate the estate, r ~ynt, title, interest and all claims and demartrls whautXVer, as welt m law as rn Nluuy, of sad Mortgagor m and to the same. and every part and parcel thereof, and also au gas .vut electric hrtwes, radwtors, fiestas, au conditioning ettwpment, machinery, bodNS, ranges, Nevators and motors, lsathtutn, sinks, water closets, water basins, pipes, Ieucets, end other plumbuty and heatiriy Iratwrs, mantels, refiigeret,ng plans and ice IaxK, wrrxlow ,creeps, screen doors, vMehan blinds, storm shutters and awnings, whrch .,rr Hove or may hereafter pertmn to o+ be used w,Ui, m or on said prerrlrseS, even though they tit tirtached or detachable, are and shall Ge dcemetl to b! hxwres aril accessions to the fieehWd end a part of the reahy, and, d the stave described property is now or shall her Batter rte used la commercul purposes, then the tumrture arW fwmshrnys arxf ,,ny replacements thereof whrch may tie owned by the Aortgagor arxl whrch are now or may hereafter be located upon the strove destrrbed property. TO NAVE AND TO HOLD the same. together won all the estate, right, upe, interest, homestead, dower and right of dower, separate estate, posstsswn, claim and demand whatsceve+, m law or rn eywty, of tie sad Murtgago+ m and to the same, and every part thereof, unto the said Association m lee simple. The Mongayu+ hereby covenants with the Assocration that the Mortgagor rs mtfefeasrWy serted with the absolute aril fee simple title to sa,d property, and has lull power, aria tawlul authority to sell, corweY. transfer arxt mortyage the same. that rt shall be lawful at any txne hereafter la the Association to peaceably and gwedy enter upon. n.ne, hold aril enjoy Said prutiertY. a+W every part therrol, that sad p+opeity +s 1+ee arxf d,scherged from all hens. encumbrances, and clams of any kind, mdudrng tares and asessmeMS, r.cept the Len trr+eot, which s a lint hen on said property. that the Atortyagor wdl nwke such Iwther assurances to perfect the lee simple title to sad property ,n the Assocrahun as may rrasynatdy !re reyuued. and that the Aturtyayor does heretty lofty warrant unto the Assocration the title to said p+ope.ty ante wdl cfe!erid same ,~t,,.nst the mortyage clams and demands ul all persons whomsoever. NOW. THEREFORE, the' cunrhtiun o1 thn mu+tgage rs such that A the Mortgagor shall will and uuly pay unto the Assocratan, the rndebtplness •.~.dencetf by that ce+tam promissory note, of even date herew+th, made Gyr the Mortgagor arxf payable to the Assoc+atron, m the principal sum THIRTY NINE THOUSAND, THRET HUNDRED FIFTY and NFU/100---------------- DOLLARS is 39, 350. OO 1, together with interest as therein stated, payable over a term of 348 months, and snau r:e: L.r m, comply W+th and atudr by each and eve+y the ititwlations, ayre~rments, condn,ons and covenants coma,ried and set torch m Ih+s mortg.iye and m the promssury note ;r. :,re,l hereby, then tMS mo•tgage and the estate hereby seated shah tease and be null and void. ' _ TRANSFER OF THE PROPERTY: ASSUMPTION It alt or any part of the Progeny or an interest therein is sold or transferred by Mortgagor without Association's prior wrrnen consent, excluding (a) the nation of a Irrn or encumbrance subordinate to this Mortgage, Ib) the creation of a purchase money security interest for household appliances, (d a transfer t:y drwse, descent or by operation of law upon the death of a loins tenant or (d) the grant of any leasehold interest of three years or less not containing an .,peon to purchase, Association may, at Assocration'z option, declare all the sums secured by this Mortgage to be immediately due and payable, ASSOCIal10n ,nail have waived such Option to accelerate i1, prior to the sate or transfer, Association and the person to whom the Property is to be sold or transferred reach -,:!rerntent in venting that the credit of such person rs satisfactory to AsfociatlOn and that the interest payable on the sums secured by this Mortgage shall be ,r such rate as Assocration shalt request. If Association has waived the option to accelerate p?wided in this paragraph and if Mo?tgagols successor in interest Hers exrcuted a svntten assumption agreement accepted in writing by Association, Association shall release Mortgagor from all obligations under this Mortgage rind thr NOIr. It Asso.:ratroriexercisessuch option to accelerate. Association shall mail Mortgagor notice of acceleration. Such notice shall provide a period of not less than .!U days from the date the notice is mailed within whrch Mortgagor may pay the sums declared due. If Mortgagor tails to pay such sums prior to the expira- +iun of such lirriod, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 herrof. AND the Mortgagor aces hereby covenant and agree t To pay alt and singular the princrpaf and interest and other sums of money payable by vxtue of sad promissory rate and this mortgage. or either. promptly on the days respectively the same severally become due 2 To pay aft and singular the taxes assessments. other governmental levies. habrlrties. obligations and encumbrances of every nature on sad described property and the related debt acquisition each end every when dos a+d payable according to law. before they become delrrtquent and. it the same shall not be promptly paid the AssoCrat,On may at any time. either before or after dehrtquency. pay the same without waiving or affecting the optan to forecloSB. or arty right hereunder. and every payment so made sMll bear interest Irom the date thereof at the rate of eighteen per cent Ilf3'bl per annum 3 Tnat me Mortgagor wru keep all real and personal property now a hereafter encumbered by the hen of this mortgage mwred as may be required from time to - : :.me by the Association against loss by fire. windstorm and other haiards. cawalties and contingences for such periods and for not less than wch amounts as i may be regwred by the Assocration end to pay promptly when due all premwms for such inwrance Mortgagor agrees to deliver renewal or replacement ~ pu....~es of any natwe or replacement certificates of ,nsursnce to the Association. st feast ten (t0i days prior to the expiration or anniversary date of the exrsbrig po!,: es The amounts of rnsursnce requvisd by the Assocration shalt be minimum amounts for whrch said mwrance shall be written and rt shall be incumbent .,eon the Aortgagor to maintain such addaronsl rnsursnce as may be necessary to meet and comply fully with alt to-rnsursnce requuemenis contained m sad I! potiaes to [he end that said Mortgagor is not a co-inwror thereunder Insurance shall be written by a company or companies approved or designatilyd by the j Assocration and all policies and rerswsls thereof shall be tteW by the Associatan All detailed designations by the Mortgagor which are accepted by the ASSO<:,dtion and all agreements between Mortgagor and ASSOCiatrOn relating to mwrance. now exrsurtg Or hereafter made. shall De in venting and shall be a part - of this mortgage agreement as fully as though set forth vsrba[im herein and shall govern both parties hereto and their successors and assigns No Iren upon any ` of said pohcres of insurance err upon sny refund or return premium whrch may be payable on the cancellation or termrnatiori thereof. shall be given to other than tt•e Assocration. except by popsy endorsement aNrxed to wch policy and approved by the Assocration Esch policy o1 insurance shall have affixed thereto a t Standard New York Mortgagee Ctauss w+ttaut Contnbutrort. malting all loss or bsses order wch policy payable to the Assoc+atwn as its interest may appear • In the event any sum or sums o1 money become payable fhereurtder. the Associatan shall have the option to receive and apply ttis same on account of the in- debtedness hereby secured. a to psrmd the Mortgagor t0 receive and use rt. or any part thereof. without thereby warwng or impsmrtg any egwty. hen or right { under and by virtue of this mortgage In event of loss or physical damage to the mortgaged property. the Mortgagor shall give immediate ratite tftersof by mad f{p{ to the Assocration and the Assocration may make proof of bss d the same is not made promptly by the Mortgagor In event of loreclowrs of this mortgage, or f Other transfer of title to the mortgaged property. m extinguishment o1 tfts irdebtixlnsss secured hereby- all right. title and interest of itte Mortgagor m and to iE any ,nsurarxe policies then in forts shaft pass to tM purchaser or gran[es The Mortgagix furtMr agrees to aMde by the rules and existing regutstrons o1 the e Association m connectan with rsquuad rnsursnce covsngs of the property farein encumbered ~ Paragraph 4 and those which folbw are contairtsd on tM rsrsrse side of this mortgage aril by rsssrsnce are incorporated into sets tinily of tMS mortgage. The terms Mortgagor and Association, whenever used m this instrument, shall include the heirs, sonal representatives, wccessors or assigns of the respective pirtrts + Hereto. Wherever used, the singular number shall include the plural and the Dlural the singular, aril the se of any gender shell include all gtnders- IN TNESS WHEREOF, these premises have been extcutred on the day and year first above veil en. , S,g sealed and dNiveritd m flit Prtsence of. / ~ ~ .~C~2 ~ ~~L ~ 7 ' ISEALI - ~ KENNETH ~ - G ISEALI CO TTA A. HOFF t ~ _ ISEALI I i f (SEAL) ~w aor~~ ' I STATE OF FLORIDA COUNTY OF Ar- o/iC H _ ~ .1 i o ? ~ k The foregoing msuumtm was acknowledged before me this/S TH day o+~Pri 1 _ ; 19 ,op by ` ~~t st' ~ i KENNETH W ~ HOFF and NICOLETTA A. HOFF husband and w1te~ ~ - 1?)yilt .oasrac 9{~ Notary PnSfc. Sira'.c n{ - r (ENDER { My Comm, , n xpir M CutnFil;s1,~1, C!t::: t-1 /L-~. V ~rQ~+~ ~ - t ss o e es -Y • Notary Ptraic, sate of " ' ~ •~~Y~aOR~DA ' - '~'y ilk ~ • • . 329 P~~E 2~~