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Home My WebLink About2578 • • C-696A kc 62609 -2 . • ~ THIS MORTGAGE INDENTURE ~ ~ ~ o E.ecut.d to+1, 15 day Of ApTi 1 . A.o .19 80 . ~ 4338'72 HARVEY YURMAN and BREriDA YURMAN, husband and wife petty of the hest part IAereenaher called Ma+gagorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corporateon exrsursg under the fawn of the United States of America, parry of the second part (herernaltp called the Astoceateonl, WITNESSETH, That for drvNS good and valuable consrde+ateons, and to secure the payment of the aggregate cam o1 money named en the prom+uory note o1 even date ne+ewrtA, haeenaher rrlent+Onld, together with interest thereon and all other sums of money srcwed Hereby as hereinaltN prov+ded, the Mortgagor does grant, bargain, xfl, .then, rem+x, releax, convey and contain unto the Association, in leee~s+mple, the followersg described rear estate, 01 whech the Mortgagor n now seezed arW posxssed and m acrual pusxsseon, situate in the l:ounty of St . Lucie State of Florida, legally +fexnteed a: follows ~ R~ty~ ~ ~ a Q ~ IA PeYtnettt Of Texe~ SEE LEGAL DESCRIPTION ATTACHED. Due On Class "C" IMenplbtePersonslpropKty. ~P ~ pursuant To Chapter 71. 134, Acre Or ~8j~~. ~ . OU ROGER POITRAS ~ r;YAr>, Circuit COUrL St. Lucie, CO.. FIB. TOGETHER weth au structures and rrteprovements now aril hereaher on serail land end the hxwres attached thereto, also together w+th all and s+ngufar the terelmems, neredrtaments, eaxrreents, riparian rights and appurtenances thdeunto belongeng, or m any wax appertameng, and the rents, issues, and prot+ts thereof, erred also all the estate, right, tale, interest and all clams and demands vvtratscever, as well in law ai in equity, 01 sarll Mortgagor in and to the same, and every part and pa+cel thereof, and also au gas ,"J rlecu+c heltu+es, racbators, heaters, du condneomrsg equ+pment, machinery, boilers, ranges, elevators and motors, bathtubs, finks, wafer closets, water basins, Depts. r,,ucets. end other ptumb+ng and healing haves, mantels, relregerating plans and ice tso+rK, window screens, screen doors, verretun Winds, slam shutters and awnmlp, whrch a now or mdy hereafter pe+tain to or ter used with, en u+ on serail W em+xs, even though they tee detached or detachable, are and shall Ge deemed to lee Iraures ancf dccessrons to the freehold anJ a part o1 the realty. and, d the above drscnbetl property rs now or shall hereahe+ be used for commercial purpoxs, there the furniture and lum+sh+nys erred any replacements thereof vvh+ch may tee owned by the Mpr t9ay0+ and Wfeeeh are now or mey hereafter be located upon the above desc+rbe(! pr Operty. i0 NAVE AND TO HOLD the same, tuyetner wan all the estate. reght, trek, interest, homestead, dower and right of dower, separate estate,potsess+on,clarmared Isrnedrttf whatsoever, en law or m egwty, of the serail Mortgagor m and to the same, aril evNy part thereof, unto the sa+d Assocwtion m lee srmple. The Mongdgur he+eby covenants wilh the Assoceation that the Mortgagor rs endeleaseWy xezed with the atlSOlute and lee srmple tale to card property, and has full power, en,f fdwful authunty to xll, convey, transfe+ dnd mortgage the same. that +i shall be lawful at any trine hereafter for the Assoc+ation to peaceably and gwetly enter upon. h.e.r, Hold aril eniuy card Woprrty, aretl every pmt the+eol, that card property es het and drs[hdrged leom all I+ens, encumbrances, and cld+ms of any kind, rnclud+ng te><es anti +ssrssnsents, a¦cept the ben hr+rot, wfuch es a fast teen tin stied property, that she Mortyayor will make such further asswances to perfect the fee sample lade w sa+d property .n rhr Asstxmhun ds mdy eedsundt+ly be re.lwred, ar~d that the Mortyagor does hereby tufty wan ant unto the Assoc+ation the tetle to card property and will defend same ; nnsl the mOr lydge Cld+mS dnd 1lrmerlUi U1 dlf per S+N15 who+eei0eve+. NOW, THEREFORE, the cundilwn of then mu+tyage rs wch that d the Mortgagor shall weft and truly pay unto the Assoc+atron, tf,r +rtdebtesfness ,..~~lrncell by That certe,n Wom+ssory note, of even date hereweth, made by alit Mortgayor and payable to the Assoc+ation, +n the prinupal sum .t TEN THOUSAND---------------- DOLLARS S 10 , 000.00 1, together with enterest as therein stated, payable over a term of 348 rtwmhs, and shaft leer k,em, comply with and dbnfe by e.+ch end every the stipulateons, dyreernents, condrteons anct covenants conmmed and xt forth rn thes mor tgdge and rn the prom+ssury note 1eC Urerf hereby, then thes mo+tydge dnd the estate hereby created shall ceax and tse null and vo+d. TRANSFER OF THE PROPERTY; ASSUMPTION If all or any part of the Property or an interest therein is sold or iransterred by Mortgagor without Association's prior wrrtten conxnt, excluding la) the -reauon of a lien or er:cumbrance subordinate to this Mortgage, Ib) the creation of a purchase money security interest for household appliances, Icl a transfer ::~y devise, descent or by operation of law uJOn the death of a joint tenant or (d) the grant of any leasehold interest of three Years or less not containing en l.tiOn to purchase, Association may, at Associatiori s option, declare all the sums secured by this Mortgage to be immediately due and payable, Association sndlf nave 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 .+greeenent rn wrung that the credit of such person is satisfactory to Association and that the interest payable on the sums secured by this Mortgage shall be et such rate as ASSOCeailOrt shall request. It Association has waived the option to accelerate provided in this paragraph and if Mortgagor s successor in interest +,ds executed a wrrtten assumption agrrernem accepted in writing by Association, Association shall release Mortgagor from all obligations under this Mortgage toil the Note, If Assoceatioreexercixssuch opteoet to accelerate, Association shall mail Mortgagor notice of acceleration. Such notice shall provide a period of not less than 3U days from the date the notice is mailed wither which Mortgagor may pay the sums declared due. If Mortgagor faits to pay such sums prior [o the expira- t n+n 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 agree 1 To pdY all dnd SengUlir the WenCrpal etsd rnterest end Other Sums Of money payable by yettUe Of card WOm+iSOry reoL@ and lhe5 mortgage. Or eelreer. WOmplly On the days reSpectevety the same severally become due 2 To pay alt and sengular the ta><es assessments other governmental levees. hsbebtias. obbgations and encumbrances of every nature on sa+d described property and flee related debt acquesetion each and every when due end payable accordersg to law. before they become del+requent and. +1 the same shall not be promptly pa+d the Assoc+auon may at any time. either before or after dsl+rsquenty. Day the same wethout waewrsg or alfecung the opt+on to foreclose. a any right Ii hereunder and every payment so made shall bear entersst from the date thereof at the rate of e+ghteen per cent (18`4,) per annum 3 Tnat the Mortgagor will keep all real and personal property now a hereafter encumbered by the hen of this mortgage insured as may be regwred Irom time to _ tenet Dy the Ass+x+ation against bss by fire. windstorm and other hazards. cawalties and ctxetingertcres for wch Aerials and for not less than wch amounts as may be regwred by the Assoceation and to pay promptly when due all premwms for wch rnwrance Mortgagor agrees to deliver reriewat or replacement 4 - pu,~c~es o1 any nature or replacement certificates of insurance to the Assoc+ation. at least ten 1101 days prior to the exp+ration o+ anniversary date of tlse ex+shng f pohl.+es Tne amounts of esurance regwred by the Assoceauon shall be menimum amounts for whech seed inwrance shall be wrrtten and it sfsstl be ertCUmbent `f' upon the Mortgagor to maintain such eddrteonel mwrance as may bs necessary to meet and comply fully wilh all co~ensurance rsquuements contarrsed m serail _ ~ . poi.c+es to the end that card Mortgagor rs not a co-rnsufor tfNreunder Insurance shall W wrrtten by a company or wmpanres approved or desegnated by the _ Association and alt pobcees and renawets thereof shell be field by the AsstxraUOn All detailed dasegnst+ons by the Mortgagor whrch are accepted by the Assoc+atron and all agreements between Mortgagor end Assocrateon relating to rnsurarxe. rsow earstersg or hereafter made. shall be rn wrrtrng and shall be a part 01 th+s mortgage agreement ss fully es t?tough set forth verbatim harem and shalt govern both parties hereto and then successors sad assigns. No lean upon any ! _ - 01 Bard polKees of insurance or upon any refund or return premwm whrch may be payable on tAe csncellat,on or term+nauon thereof, shalt be geven to other than the Assoc+atwn. except by proper endorsement affixed to such policy and approved by the Assocratwn Each pdrey of mswarxe shelf have athaed thereto a _ Standard New York Mortgagee Clause wethout Contributeon. makrrsg all toss tx tosses under wch polity payable to the Assocratron as Us interest may appear In the event any sum or sums of money become peyebb tlsereunder, the ASSOCeatron shall have the opteon to recewe and apply the same on account of the in- _ debtedness hereby secured, or to permet the Mortgagor to recsrve and use rt. or any part thereof. wdhout thereby overlying or impa+rrng any equity. tiers or right under and by virtue of thee mortgage In event o1 loss Or physical damage to the mortgaged property. the Mortgagor shall give immediate erotica thereof by marl to the Assoc+at+on and the Assoceation mey make Woof of bss rf the same is not made promptly by the Mortgagor In event of forsclowre of this mortgage. or other transfer of title to the mortgaged Woperty. m sxtingunthment Of tlss indebtedness secured fsereby. all right titb and rrtsrsst of the Mortgagor in and to e ` ~ any +nwrarxe policies then in (ace shall pass to tfts purchaser or grantee. The Mortgagor furtfter agrees to abide by the rotes and exrstirsg regulateons of the - AssoceateeNt. +n connsctwn with rsquusd insurance coverage of the WOperty Mrsm encumbered 4 Paragraph 4 and those whrch fdbw are contairted on tM reverse arils of flies mortgage and M rs(erertce ere irtcorporate+d into the body of this mortgage. The terms Mortgagor and AssoclalrOn, whenever used rn this instrument, shall rntltrd! the hens, personal reprlsentatrves, successors or afsigns of the respective parties hereto. Wfeer p used, the srregtrlar number Shall enclude the plural and ttte plural the singular, end else use of any gender shall include all genders. IN W WHER F, thex premises hsve Deep executed on the day and year first caret n. xalEd s nered en the pr t Of: , . ~ 7 ~r - ISEALI HAR Y YU f _ r ~ ~ ~ ISEALI e- •BRENDA YU ISEALI i ~ ISEALI • ~,'t MoaE ' sTaTE of 'FLORIDA __couNTV of MARTIN Tlsi'forpang instrurttafp was scknowtedged before me thrs 15 day of Aar i 1 , lg g0 br ~~i i~y ~ ii H~IRVSY` Y'URYAN and BRENDA YURMAN, husband sad wife ~ ~ ~ of Fltu~da at larf;e • ' ~ Notaly PtIW'K. Slate My+COfrM+MSSrOneftpwpra _ ra 1482 ~r , Mr Commission xP+ C„r p.r, i i d- k,~:,d 6r s.,rK,n F,+. b Gav,M7 f~ I A _ Notary Public, State of • c~ ?I'~K•~~rJ PACE2c~76~ •