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Home My WebLink About1404 ' C-715A cr THIS MORTGAGE INDENTURE G1G55-2 ~o' Eaeeueedth;, 18t$„ol April ,A.o.,lff 80, by MARI D. BOUMA 4~~9'~1 party of tM first part (here;nafttr called Mortgagor), to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION • corporation ex;stirsg ursder tM laws of tM Un;teO States of America, party of tM sstond part (htreinalter tailed tM Assoc;stanl, WITNESSETH, TMt fa d;vers good and vsk+able considtratrons, and to secure tM payment of tM aggregate sum of money r?an?td m tM pronssory nose of even Base herewith, Mresnalttr mentioned, togetMr with interest ehtrtron and ell othN sums of money secured hereby ss here;naltp provided, the Mwtgaga does grant, t>argasn, sell, ,lien, rtm;se, rtlaisa, convey and conf;rm w?to tM Association, ;n lea simple, tM lolbw;ng dtstribed real tstste, of whicA tM Mortgagor is now seated and possessW and rn actual possession, situate b Nst County o/ $T • LUCIE Stitt of Ftorida~ Itgatly described as follows: R~°~;i::n s ab.io I!i r;~~i-vT Cf TA!(t'S (See Legal Description Attached) t~°: ~ : t~ - ~ •...s::~~ r.::::, ~ r.:, E .Tt, FL:.~ :a, 7. 'i. ' 71-;~5, Ai.I$ tit is/l, CLARK q:CUiT CGOiiTr ST. LUriE ~ ~eln TOGETHER with all structures sod ;mprorements now and trrNtter on said larsd end tM lixtures attached thereto, also logetlssr w;th alt end tirsgular tM tenements. hereditaments, easerssents, ripar;an rghts end appurtenances thereunto bebngirsg, or ;n any wise epperta;nirg, and IM rents, ;styes, and profits thereof, and also all the estate, rght, titM, intlrNt and ell c4;ms end dtnsarsds whatsoever, ss well M Isw as in equity, of said Mortgagor in and to tM same, sod every part end parcel thereol, and also aft gas and electric hxturts radwtors, heater, s;r cond;tion;rsg equipment, machinery, bo;4rs, ranges, elevators and motors„ bathtubs, sinks, water cbsets, vwtt. basins, D•pes, tweets, end other plumb;rg and ANtirsg fixtures, mantNs, rtlrigsrating plans and ice boxes, window screMS, screen doors, vtrset;sn bl;ndf, slam shutters srsd swn;ngs, vd?ich ere now o. may hereafter ptrts;n to w be used wall, ;n a on ss;d pitman, even though tMy bt detstistd or dttachabN, are and than be dserMd to bt f;xturts and accessans to the Irsehold and a pert of tM realty, and, ;1 tM above desn;bed property a now o. shell hereafter bt used fa cornrsereial purposet, then tiff fwnitun end fwn;shirsgs and any replacements dsartof whits may be owned by tM Matgegor and which sn now or may hereafter be located upon tM about dnaibtd property. TO HAVE ANO TO HOLD tM same, togethe. with alt tM estate, right, tit4, interest, homestead, dowM and right of dower, separate estate, posseuion, claim and demand whatsoever, in law a in equity, of tM sa;d Matgaga M and to tM same, and every part thereof, unto tM ss;d Association in tp sirnPM. TM Mortgagor hereby cortrsants with tM Association that tM filwtgsgor a irsdefeasibly srizsd wits tM absolute and foe s;mpN title to sa;d property, and has full power, and lawful authority ro sell, convey, transfer and mortgage tM same: that it shall Dt 4wfu1 at soy time htrNlttr for tM Association to peaceably sod quietly toter upon, nave, hold and enjoy said p?opNty, and every part tMrsol: that said property is fife sod d;stJ+argsd Iron ell liens. arswrrsbrarscts, and cls;ms of any kind, including taxes and asussmMts, except tM lien Mnol, which a a tint lien on said property; that tM Matgsgw wall make such lurttser ssssxsnots to perfect the fp sinsplt titN to said property in the Association ss may eNSOnsDly bt rpu;rtd: sod tMt 1M Mwtgsgor dots Isertbtl luny warrant unto tM Association tM title to ss;d property and wall defend same against tM rrsortgags clsirtss sod desmsssds of all persons whomsoever, NOW, THEREFORE, tM condition of Ma mwtgsgt , a tueh that if tM M«tgagor share well and truly pay unto tM Association, tM indebtedness evidenced by that certain promissory note, of two dab herewith, mstN by tM Mortgagor and psysblt to tM Association, in tM print;Wl vein 01 THIRTEEN THOUSAND and NO 100----------------------------DOLLARS 1S 13 ~ 00 0.00 1, togetMr wits inetrese se tlsertin sated, peyslslt over a term of 3 Q 8 rttonthe, and shat) per loan, carolY with and sb;de by each and wary tM st;pulatiorss, agrtaments, conditions and eovanants conts;rstd sod set loreh in this mortgage and M tM promissory note secured hereby, ttsen this rrsortgsgt and tM estate hereby aeattd shall cease and Ot null end void, TRANSFER OF THE PROPERTY; ASSUMPTION If all or any part of the Property or an interest tMreln K sold or transferred by Mwtgsgor without Association's prior written content, excluding (al tM creation of a lien or encumbrance wbordinate to thk Mortgage, (b) the creation of a purchase morwy security interest for Household apptiarsoes, (el a transfer by devise, dasoent or by operation of law upon tM death Of a joint tenant or Id) tM grant of soy leasehold interest of three yaan or less not containing an option to purchase, Association may, at Assoctation's option, dadan s11 the wins secured by this Mwtgsga to be immediately dw and payabN. Association shall have waived such option to acaterate if, prior to rise sale w transfer, Association and the person to whom tM Property a to w sold or transferred reach agreement in writing that tM credit of such person is satisfsetory to Association and that tM interest payable on tM sums secured by this Mortgage shall be _ at such rate ss Association sMll request. If Association has waived the option to accelerate prwlded in this parsprsph and if Mortgagors wccersor in interest r.es executed a written aswrnptton agreement accepted In writing by Association, Associa.ion shall reNase Mortgagor from all obligatiorss under thb Mortgage end the Non. - I fAssociation exercises wch option to accelerate, Association shall mail Mortgagor notice of ataleration, SuM notice shall provide a period of not less than 30 days from the date tM notip is n?siled within which Mortgagor may pay tM wins declared due, if Mortgagor fails to pay wch wins prior to tM expirs- tion of such period, Association may, without further notice o? demand on Mortgagor, invoke any remedies permitted by paragraph 16 hereof. AND tM Mortgagor does Mreby covenant and agree: 1. To WY aN and singular tM principal and interest and other wins of money paYSbN by virtw of sad promissory note and tfws mortgage. tx slither. promptly on tM days rtsptctiwly tM same severely bet:ortte dw. 2. To pay all end singutsr tM axes. assessments. other gowrnmenal levies. 4sD;ktias. oblpstans end enwmbrsrsgs of every nature on said dssusbed property and tM related debt acqu;s;tion each and awry when dw and payable atxoro;np to taw, btfae they become delirsgstant arsd. if tM same shell not be promptly paid. tM Asstst:iation may at any lima. either baton or after dekrsquancy. pay tM same without wa;v;ng or atfectirp tM opt;on to foreclose. or stay rsglst Mraundar. and every payment so made sMM bear interest from tM date thereof at tM ate of ~ per arrsum. ~ ~ ~ 3. TMt tM Mortgage wits keep aN real and personal property now or fsarealter encwtsbtred by the liars of th;s mortgage insured as may be raqu;rod from time to G ~ time by the Assowtiors against loss by fire, windstorm and other hazards. pswlties and contingencies for such periods end fa not Nss than such amounts as 't7 ~ may be requ;rsd by tM Association and to pay prompty wMn dw aN premwms for suds inwrance. Mortgagor agrees to dekvsr renewal or replacement ~ C po4cies of airy nature or replacement certificates of irswarsca ro tM Association, at least ten 1101 days prior to tM sxpirat;on a anniversary date of tM existing a Q ~ ~j pohaes TM amounts of insurance requ;rod by tM Association sMg be rrwsemum amounts for which said inswsrsp shall be written sod it sMg be;rtWmbent ~ d upon tM Mortgagor to maina;n such sddtansl inwrsrsp as may D• necessary ro rreeet and comply fully with sg oo=nsursnp requirements eonta;ned in sad G Z ~ pt>aic;es to tM end thaCsa;d Mortgage is not a tb-irsserror thereunder. Insursrsq shall be written by a tompsrsy or oorrspsrsies approved or designated by tM p t Association and ap po4c;es and rersewab tMreof slssg be held by tM Association. Ag detailed dasrgnat;orss by tM Mortgagor svhicb an accepted by tM j ~ N ~ ~ Association srd erg agreements between Mortgagor and Assottiat;on rslstirsp to irswrarsce. now estistirsg or hereshar made, shag De in writing and sMd Ds s part ' 3 ~ Q W this mortgage agreement ss fugy as ttsrnrgh set forth verbatim Mrs;n and shah govern both parties hereto and tlsair wcassors end ass;gna. No leers upon any ~ O o/ said pokciss of irss,rance or upon ariy alund or ntwn premwm which may ba payable on tM uncellst;on or termination thereof. shag be giwr? to otMr than ~ _ ~ Ci tM Assoc;atian. except by proper endorstmant affixed ro such pd;cy and approved by tM Assowtion. Each policy tN ;nsursnee shall (save atfutad thereto s Standard New York Mortgagee Gause without Contr;bution. making aN loss a bases urdw such pdicy payable ro tM Assoaat;on ss its interest may appear. ~ ~ ~ ~ In else event any vein a sums of money btconse payable Marwrsdar, tM Association shell haw tM option ro ncaw and apply tM same on account of its rn E p 3 ~ dsbtedrsass Mreby seasrad. a to permit ell Mortgagor to receive and use it a any pert tlsereof. without thereby wsivirq a impairing any equity. kern or right i ~ i under and by virtw M this mortgage. In event of bas or physical damage to tM matgsged property, tM Mortgagor shah gave imms6sts nobs tMreol by marl C Q p to to tM Assocation and tM Association may make proof o1 bas H tM same ;s not made promptly by tM Mortgagor. In went of forecbwn of this mortgage. a s - other transfer of title ro tM mortgaged property, in extinguislwnant of tM rndebterk»ss severed Mrsby. erg right. title and interest of the Mortgagor ;n and to ~ O any inwrancs pokciss ttsan in force shag pass to lM purchaser or grantee. TM Mortgagor further agrees to abide M tM rules end exerting regulations of the ~ ~ C1:. Association. in torsrstttion with requirs0 inwanq coverage M tM property Mrsin encumbered. - 4 Paragraph 4 and those which fotlow errs caseload on tM averse side of this mortgage and by referarsee srs ir?corporatad into tM body d this mortgage. The terms Mortgagor end Association, whenever used ;n this instrument, shell ;nNude the Mein, persons) representatives, wccessors or assgns of tM respective parses here!o. Wherever used, tM s;ngutsr nuneber shall irictude the plural end tM plural tM singular, end the use of airy gender shell include all genders. IN WITNESS F, these a ere been executed on tM day end year first above wr;tttn. - igned, se m ol:' , ~ ISEAt_I MARI D. U t - !SEAL) 4 i ISEAL) a - ISEAI.) a,~` aoe~~ 0 sraTE of - Illinois COUNTY oft o~1D,uPage - Tre foregoirig;nstrument was acknowledge.f before me th;sl8th day of APrl1 , y~~`;j,,y>~ ~ ~ ~ k ~''Ii • e>, biARI D. BOUMA ~ t'~ ~ ~:.-,fir , to.u.os,.c LfNOER 3 March 20, 1983 My commotion exp;res 1 Notary Public, Sute of 1iR ..i- Eri~K • O PAGE 136 -