Loading...
HomeMy WebLinkAbout1398 ter. #sasio-a C-?l0A cr ~o' 3 THIS MORTGAGE INDENTURE = ~ ! 4 4 N4~9 Extcuttdthrs 2 dayol April .A.o.,19 80b1f DANILO Ae DUENA3 aad ALISON DUSNAS~ husband and wife party of the lust part Iherernalter called Matgagor?, w CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a cesporatron exrstrrtg under the laws of the Unrtld Sates of Amtrrca, party o1 the second part lherernatter called the Assocrationl, WITNESSETH, That la divers good and valuable consrderauons, and to secure tM psyrttem of the sggregau vein of money named m the promissory note of even date herewith, herernalter mcnuonad, together wcth interest thereon end all othp sums of money secured hereby as Mrtrnalttr prOVidM, the Mestgagor does grant, bargain, sell, aben, remise, release, convey and conlum unto the Association, m fee sw~nrfpsle, the following described real estate, of which the Mestgages n now seized and possessed and m actual possession, actuate in the County of spa a LUCIS State of Florrds, legally described as IOllows' RECft11C0 : ~I S. a o IM PAYME`IT OF TAXES (See Legal Description Attached) OUE 0:1 CI~:S 'C' INTf,':G slE PERSJ`:RL PROfE«TYr (P5 FUiw.+~.NT TO tU;fT£~ 71-f'4, AC1S OF 1871. g~' KG:.E:i FuITkAS • CLERK gkGUiT CCURTr S1. LUCIE Corr F1r+1LQ~ - TOGETHER with ell structures and :rttprovMlMts now and hereafter On said brad artcf the IixtwK attxhld thereto, also together wrath ell and singular the tenements, neredriaments, easenxnts, riparan rights and appurtenances thereunto beforsging, a in any verse appertaining, and the rents, issues, end profits thereof, and also a!I the estate, e cght, Idle, interest and au claims and demands whatsoever, ss well rn law as in equity, of said Mortgages in end to the same, and every part and parcel thereof, and also a1! gas and electric fixtures, radraton, heaters, au condcuoning tgwpmem, machinery, boilers, ranges, elevators and motors, bathtubs, sinks, water closets, water basins, popes, faucets, and outer plumbcng and Ireatcng Irxtures, mantels, refrigerating plans and ice ftOxK, wrindow acreetts, screen doors, venetian blinds, storm shutters and awncngs, which are now or may hereaftei pertain to or be used with, rn or on card W emcees, even though they he detxhed or detxhaWe, are and shell f>e deemed to be trxtures and xcesscons to the fieehold and a part of the realty, and, if the above described property n now or shall hereafter be used for commercial purposes, then the lurmwre and lurnrshrngs and any replacements thereof which may be owned by the Ma tgayor and wilticA are now or may hereafter be located upon the above describxd property. TO NAVE AND TO HOLD the same, together vwth all the estate, right, title, rnterest, homestead, dower and right of dower, sepxate estate, possession, corm and :femard whatsoever, in law or in ettuity, nt the sad Mortgagor in anti to the same, and every Part thereof, unto the card Association in tee simple. The Mortgagor hereby covenants wqh the Association that the Mortgagor is indefeasibly seized with the absolute and fee simpk true to card property. and has full power, and lawful authority to sell, convey, uanslei arxl mortgage the same, that n shall be bwlul at any twee heisalter fes the Association to pexeably and gwetly enter upon, na•~e, huW arxf enfoy card property, anti every part thereof. that sad property is tree and discharged from all Irene, encumbrances. and clacros o1 any kind, rncludcng taxes and assessmems, except the hen hereof, which is a fast Iren on said property, that the Mortgagor well make such bother assurances to perfect the fee simple trite to sad property rn the Assocrauon as may reasurtalrly be regwri!d. and that the Mortgagor does hereby fully warrant unto the AssociauOn the utle to sad property and well delerd same +ynmst the mortgage claims anU demands of all persons iNhOmsoevei- NOW- THEREFORE, the condnion of this mortgage K wch that d the Mortgagor shall well and duly pay unto the Astocrafion, the rrtdebtitrJriess evrdenci!d by that cntam promissory note, of even date hereviiith, made by the Mortgagor and payable to' the Associatan, m the priricipat win . ~rl ----------FIFTY NINE THOUSAND, ONS HUNDRED and NO/100----------------DOLLARS IS 59, 100 ~ ~0 1, together wi1R interest as therein stated, payabe over a term Of 348 months, and shall per form, comply with and abide by each aiW every the supulatrons, agreements, condmons and covenants contained and set forth in this mortgage and m the promissory note secued hereby, then this mortyage and the estate hereby created shall cease and be null and vo+d. TRANSFER OF THE PROPERTY; ASSUMPTION if all or any part of the Property or an inte?est therein is sold or transferred by Mortgagor without Association's prior written consent, excluding lest the creation of a lien or encumbrance subordinate to this Mortgage, Ib) the creation of a purchase money security interest for household appliances, lel s transfer coy devise, descent or by operation of law upon the death of a joint tenant or Idl the grant of any leasehold interest of three years or less not containing an option to purchase, Association rnay, at Association's optitrn, declare alt the sums secured by this Mortgage to be immediately due and payable. Association shall have waived such option to xcelerate 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 is satisfactory to Association end that the interest payable on the sums secured by this Mortgage shall be .rt 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 +~as executed a written assumption agreement accepted in writing by Association, Association shalt release Mortgagor from alt obligations under this Mortgage • and the Note, If Associationexercisessuch option to accelerate, Association shall mail 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. If Mortgagor faits to pay such sums prior to the expira- +ron 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 pay au and singular the principal artd interest end other wins of money payable by virtue o(said pomissory note end this mo•.tgsge. es either, promptly on the days respectively the same severally become due 2 To pay elf and singular the taxes. assessments. other governmental levies. babiluies. obligations and encumbrances of every nature on sad descrrbsd property and the related debt acquisition each and awry when due end payable accesdrng to law. before they become delinquent and. if the same shall not bs promptly paid. the Association may sl any time. either before or after dslrrtqutncy. pay the same wrtlaut waiving or aHetting the option to foreclose. a any right hereunder. and every payment so made sMll bear mtersst from the date thereof at the rate of eighteen per cent (1846) per annum 3 That the Mortgagor will keep all real and personal property rtow es Mrtaftsr encumbered by the ben of this tnorigsgs tnwrsd as may bs requtrtrd from trine to urns by the Association against bas Dy hrs. windstorm and other hs:ards. cawslties and conunger?cies tes such perrods and for rat kss than wch amounts as may be repaired by the AsSOCratrOn and to pay promptly when due all premiums for such insurance Mortgagor agrees to deltwr renewal or replacement pol~c~es of any nature or replacement certific8tes o1 insurance to the Associatan. at least ten (101 days prior to the exgration es anntvsrsary date of the existing policies The amounts of insurance required by the Association shall tit minimum amounts for which sad inwrartce shill be wrrtten and it shell be incumbent upon the Mortgagor to maintain such addrtanal rnwrance as may bs necessary to meet and comply fully with all co-inwrarxe requirements contained in sad pohcres to the end that card Mortgagor is not a co-inwres tfisrsurtder. Inwrance shall tier wrrtten by a company or Cornpaniss approved es designated by tM Association and all policies and renewals thereof sMl1 be Mld by the Associstron. A11 detailed designations by the Mortgagor whrch are accepted by tM Association and all agreements between Mortgagor end Association rebUng to inwrarrt. rtow existing es hereafter made. shall be+n wnUng erd shall bs a part of this mortgage agreement as fully as though set forth verbatim Mrein and shall govern both pinres Mreto and their successors and assigns. No ben upon any j of card polices of insurance es upon any refund es return prsmwm whrch may tit payable on the urtcellaUOn es termrnatan thereof. shall be green to other then ' the Assocratron. except by proper endorsement affrxad to such pobcy and approved by the At.souatan Exh policy of insursrtee shall haw affixed thereto s Standard New York Mortgages Ctauss without Contritwfion, rttalunp aU bas a losses under such policy payabN to the Association as its tntarsst may appear In iris event any sum es wins of money become payable tMreunder- efts Asstxiation shall haw tM option to receive and apply tM same on account of tM m- dgbtedrtess hereby secured. es to permit the Mortgagor to raurw and user d. es any pan tMrsol, without tftereby wamrq a irrtpainrp any egprty. ben es rrgltt ! under and by virtue of this mortgage In event of loss es physical damage to tM mrxtgaged property. the Mortgages shall give irrrmsdiate notice thereof by mail I to the Association and the Assoctstion may make p?oof of loss if tM same is not made promptly by the Mortgages to event of fesedowre o? true mixtgags. es ' other transfer of title to the ntpngagad property. in a:tirtguishmtnt of tM irdtbttdMSS secured Mreby. all right. titb and intsrtst of the Mortgages in end to any inwrartte policies tMn in force shall pass to tM purchaser a grantee. TM Mortgages further agrees to able M the rules end axistirtg regulstitxts of tM Association. m connection wntA requwsd mwrance cowwga of tM property Mrem ancutttbertd 4 Paragraph 4 and those which fellow era contairtisd on tM nwrN ttida of [Isis mrartgaga and M rtftrartp are irtcwpesated into tM body of this mortgages. The terms Mortgagor and Assocraaon, whcrrever used m this instrument, shell indudt tM Mus, personal reprteentatives, successors es assigns of the respective partite nerero. Wherever used, [he sirrgulsr number shell include the plural and the plural the rringuUr, end tM use of gender shall include all genders. IN WITNESS WHEREOF, these premises have been executed on the day and year first above wr Signed, sealed and dNrvered in the presence of: _ • e (SEALI D e DUTNAS ~ (SEALI s ALISON DUENAS i (SEAL) i , 't ISEAl1 ~J ~i STATE OF r ' COUNTY OF ~~o T~ Q~ i T1~ ~.MFit ; acknorMedged fxlese me this~3 day of April , 19~Q by ,'at ft ~ I t~i ~ A3 and ALISON DUENAS, husband and wife g ~e . ry - , • . - ltlfiLL eOtSreL 1 ? Y~ • ~ DER 1•,~- ~ Sfa1! O~ _ • r ~a _ • n 9e r ~ - ~ ~ ~"era ,i • . , . xixre, pa i' 19 ~-'w t: ~ ' ` %.-c;,.,c~ Notary ?ublie, Sttu OI i Br,•~ ch~l! PeGE1~ i