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HomeMy WebLinkAbout2692 C-704A cr A ~a39a~S 61205-2 i THIS MORTGAGE INDENTURE f .r~ulesl trier 14 ,day of April . a.v.. 19 80, by / ~ / ROBBRT Wa WESSENDORF and JEAN Be WSSSENDORF, husband and wife p.,~ry of the best part Iherru+after calfetl Muuysgorl. Io • CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION e : orpurauon esstiny antler the laws of the Unaetl States ul Anter+ca. petty of the stxond par I IheremattH tilled the Associabonl, WITNESSET1f, That for drveri yuutf ars.1 valuatde consrderetrons, and to secwe the payment of the aggregate sum of money named m the prumrssory note of even date nrrewd h, herrrnalte+ n+entionM. u+gether wnh interest thereon and all other sums of money secwed hereby as heremalter provided, the Mortgagor does gram, Gar gang, sell, alien, remrsl, release, convey arxf confirm unto the Aswcration, m lee s+mple, tfhe~Tlollowrrtg descnberf real estate, of whrch the Mortgagor +s now sorted aril possessed and m acrual pusilssron, vwate m the t:ounly tit STe LUCIE State of Ronda, legally drscnheaf as n,uows (Se.e Legal Description Attached) J tOGETHEfi w,th ell shuctwes and m+provernents now and hereafter on said land and the hxtwes attached thneto, also together with all and srr+gulm the teneatents, r,r~ ednamems, rasen+ents, npanao r ryhti aril ali/iw tenances thereunto l+elongrrtg, or +n any verse appertar,srrtg, and the rents, issues, and prol+ts thereof, and also all the estate, •:.;hr- true, rnterest and alt U,ums and demands whatsoever, as well m law as rn eyudy, of sand Mortgagor m and Io the same, and every part and parcel thlreo/, and also au gas ,:,,t rfeCtnc Intwes, rarlratun, hearers, .w amdn+omrty erlugxttent, machinery, boilers, ranges, elevators and motors, bathtubs, sinks, water closets, water basins, p+sxs, t.,,:c ets. and other plumb+nq and heat uty Interns, mantels, retrryeratrrty plans and rc! twxK, wrr+dOw xreens, screen doors, ver+etwn blinds, storm shutters and awnings, wh,ch r now or may hereafter ltertam to or he used w,th, m ur tin sand premries, even though they tee detached or detachable, are and shall be deemetf to he textures and accesvnns to rhr fieehuld and a par t of the +eaty, end, d the atwve dexrdxd proper ty rs now or shall her carter be used for commerual purposes, them [he Iwmtwe and iwmshmys anA ,•,t replaceritents thereof wh,ch may t+e owned by the Alorty.,yur arxf wroth are now or may hereafter Ise IocatM upon the above described property. T O NAVE AND TO NOl D the same. ts.~lerher wrt1+ alt the est,de, right, Idle, interest, homestead, dower and right of dower, sepm ate estate, pussess,on, clam and frn,end yyhatsuevrr, tit Lnv or m eyuny, of rhr sari) Murty,+yur m aril to the same. end every part thereof, unto the sa,d Assocratrun m tee s,mple. i hr Mur tyay.+, hereby axrenants wdh the Assoc,aoon that the floe tyagor +s mdeleasrMy Ser?et1 wdh the absolute and tee s+mple title to sand property, and has lull power. ,:,.1 Lnvtul authunty to sett, tone ey, trenslr, .+rxl mor[y.ige the same. that +t shall be lawful at any lone hereaher fa the ASSOtrdbon 16 peaceably and gwedy enter upon, fiord .+nu rnt.,t s.od Pugrny..+nd every part rhrrrol. Thal sand prsperty s free arxf d,xharged from alt Irons, encumbrances. and clams of any kind, rnclurhrtg rases and • ,,s,.•,vneMS, e•. rpt rhr hen hereof. wh,.h n first hen tin smd property. that the htortyagcsr will make such further assurances to perfect the fee smt/,le Idle to sand properly „ +nr Assoc..+oun as may ,r.n:,nat,ly hr re:fuuerl, end that the Alor tg,i.tw dues hereby fully wan ant unto the AsSOC,atiun the title to sand property and well defend same _ :...~•,st the mor hlaye .tanm and ,frn,.er.ts of ,+11 tree tuns wl+untsOever. rvOW. THEREFORE. trio c.,rx:rtu,n of the nturtyaye n such that +1 the Muetyagor.shatl well end truly pay unto the Assoc,atron, d,e rndebtednPSs . lrncert by ttwt ce~r.n„ p, unussury purr, of even darn herewdh, matte try the Mortgagor and payable to the Asscx:ratiun, m the Vr,nc,pat sum ---------------TWBNTY THOUSAND and~NO/100-----------------------------DO~~ARs DLO, 000.00 1. t.,.,ert+e+ with utterrst as therein stated, payable over a term of 34f3 months, and shall : m, comply th emf et:~d.- by e.,.h end rvey the st q,ulanuns, dye errnents, cone~lrUni and [OVenanti contained and Set forth m th+i mo,tyayr and rn the Dromrssory note ~,f nrrehy, tarn rh,s rnu•r•y.F tP .u+,f the eu.rte hereby creatrrl shah cease and be null and word. TRANSFER.OF THE PROPERTY; ASSUMPTION i t all or any part tit the Property ur an interest thrreut is sold or translened by Mortgagor without Association's prior written consent, excluding la) the , •.,nun of a Len or encumbran::e sunununate to [)cis Mortgage, fb) the creation of a purchase money security interest for household appliances, Icl a Lansler .foveae, descent or by operatwn of lase upon the death of a font Tenant or (d) the grant of any leasehold interest of three years or less not containing an ;.r:;m tit purchase, Assucrahan n+ay, at Assxratiori s optim+, declare all the sums severed by this Mortgage to be-immediately due and Dayabte_ Association .~~.,n hasc waved such option to ar.crlrrate d, prior to the sale or transfer, Association and the person to whom the Property is to be sold or transferred reach ...rumen[ m svnnng that d,e ered,t of such person +s satisfactory to Association and that the interest payable on the sums secured by this Mortgage shall be h rate as Assocratwn shall request. It Association has waived fire option to accelerate provided in this paragraph and it Mortgagor's successor in interest . , raecuted a svrnrrn assumption ayrernxnt accepted m writing by Association, Assoua.ron shall release Mortgagor from all obligations under this Mortgage ~f:, rhr Nuir. - i t Assocrauun exercrsrs wchbptiwt to accelerate, Assocrahon shall mail Mortgagor notice of acceleration. Such notice shall provide a period of not less than ri, ,:.,ys Crum rhr date Ute notice rs n,a,led wrihm which Mortyagor may pay the sums declared due. If Mortgagor tails to pay such sums prior to the expire • „t such pen.,d, Assouation etas, w,Uroul further notice or demand tin Mortgagor, invoke any remedies permitted by paragraph /5 hereof. AND r.•e Mortyagor does Hereby covenant and agree t io pas al. and s.ngufar trio pnnc,pal and rnterest and other sums of money payable by v+rtue of sand promissory note and tMS mortgage. or edher. promptly on the days respectively the same severally become due 2 Tu pat al! and snyular the rases. assessments other gclvsrnrttental genes. habrbties. obligations and encumbrances of every nature on card described property ar,t1 the related debt acquisition lath Ind every when dos and Dayabte accordirtg to love. before they become delinquent and. i1 the Same shall not be Dromptty pa,d rile Assoc,aGOn may at any time. archer before or after delinquency. pay the Sam! wahout wa,v:ng or affecting the option to foreclose. or any right nr+runder arxf every payment SO made shall bear ,merest from the date thereof at ttl! rate of eiyMeen per cent I16'ti per annum 3 chat trio Mortyagor will keep all real and personal property now Or hereafter encumbered by the ben OI the mortgage msurrld as may be regwred from trine to . ~••r tit the Assocrat+on aga,nst loss by firs windstorm and other hazards. casualties and coni,ngenues for such periods and for not Tess than wch amoums as •,,at hr rrQ„neA by the 45so:.!ation and to pay promptly when due all prem+ums for such mSwarKe Mortgagor agrees to deliver renewal or replacement :,u~•. ~es o! any nature or replacement certificates of msurante to the Assoclatron, at least ten 110) days prior to the axpoation Or anniversary date of the existing hoe,; ors The amounts o! ,nsurance regwred by the ASSOCiaUOn shall be minimum amounts for whrch Said ,nsurance shall be wrdten and rt shall be ,recumbent ~ ut~o•~ ter Mortyagor to maintain Such additional mwrance as may be necessary to meet and comply fully wdh all co rnsurance requnements contained m said uu' . ,es Ie Uie end that sa+d Mortgagor rs not a co-msuror thereunder Insurance shall be wnuen by a company or companies approved or designated by the Aswc,ation and an polities and renewals thereof shall be heW by the Assocratron All deiarlrfd designations by the Mortgagor whrch are accepted by the Assu.:auon and all agreements between Mortgagor and Assocratron relating to msurante. now existing or hereafter made shall be in venting and shall be a part u! fns mwtyaye agreement as fully as though set forth verbatim tsaram and Shall govern both parties hereto and rhea successors and assigns No ben upon any 'p d said pu!rues of ,nsurance or upon any refund or return premwm whrch may be payable Ori the cancellation or termination thereof- shall b6 gwen to other than ! trio Associanon except by prope(endorsemsnt sffrxed to wch pOlrcy and approved by the Association Each pODcy of mswartCe shall have atfued thereto a StanAard New vork Mortgagee Clause wrthout Contnbutron making all bas or losses under wch pOlrcy payable to the Association as rts rnterest may appear E 'r. rhr event any sum or sums Of morMy b@COm! payaW! Iharaundar. the ASSOCratrOn Shall have th! Option to rg~ar+e arld apply the Same on atcOUnt 01 the rn~ l debtedness Hereby secured. o+ to permit the Mortgagor to receive and use it. Or any part thereof, wdhout thereby waning or imparnng any egwty. I+en or right undo, and by v,rtae of this mortgage In event of loss W physical damage to the mortgaged property. the Mortgagor shall give rmmadiate notice thereof by mad to the Asso:.iation and the Assocrstion may make proof of loss ii the same is not matte promptly by the Mortgagor In event of (orecbsure of this mortgage or tither transfer of title to the mortgaged property. m sfehnguishmsnt of the indebtedness secured hereby. aU right. title and rnterest of the Mortgagor m and to 1 any ,nsurance policies then in force shall pass to the purchaser or grantee The Mortgagor further agrees to able by the rules and exrstrng regulations of the Assoiaation in connection wdh required rnsurance coverage of the property harem erxumblred ~ Paragraph 4 and those wMCh fotbw are tontarned On tM reverse side of this mortgage and by raferertce are Irtcorporatsd into tM body of tMS mortpaga The terms Mortgagor and Assocrati whenever used ,n Ihn instrument, shall include the heirs, personal representatives, successors or assigns of the respective parties hereto. 1Nherever used, the srrtgular n shall lu the plural and the plural the singular, and the use of any gender shall include all genders: f IN WITNESS WHEREOF these emises h e executed on the day and year fast above wrdten. s Signed, sealed d dNi i he Prose e s ~ 1SEAL1 ~ . ~ ERT WESSENDORF '~i E e WESSENDORF s lSEAII i i ISEALI 1 STATE of FLORIDA ___couNTV of MARTIN A Tlsa (oregorry instrument was acknowfedged before me this 14 day of April _ , 19 f30by ~eisf 9 s . ~tOBBBT W ~ IIBSSENDORF and JEAN E . WESSENDORF, husband and wife . ~ LENO • _ ~ Notary P1161K, State of Florida at large Myiorytm+ssewsexpirea--~sjgq-~jtl~~-}~. F - r {oecW 6r A>ercrn fry ii Gss..y Coarway FLORIDA Notary Public, State of _ y'~ _ ; ~~i 'r - t