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THIS MORTGAGE INDE~1'Yli~ltE • ' '
E.KUtW IArt 16 ay of September . A-D..1g80 . by 5U~4/e~tr
RICHARD KE.4TING and LOV$DA M. KBATING, husband and wife,
eery of the lust part (tore+nshp carted Mptgayor), to
CHASE FEDERAL SAVINGS, AND LOAN ASSOCIATION
a corpaatron eusurg under tfre laws of the United StatK of America, party of the record part llserernalttx called IM Assocyttonl,
WITNESSETH, That fa drvets good and valuable tonsderatrons, and to secure the payment of the aggregate vein of money nansW m the ptom+ltwry note of even date
tserevrrth, feerernaltN mentioMd, together w+th rmerest thereon and all tithe sums of mgrsty secured hereby as leetertratter ptovrd+td, the Mortgagor toes grant, batgarn, seN,
al+M, rerrrrse, .Neale, convey and confirm untots~he AssocNUOn, rn fee srntpla, the lolbvrrrsg deflcrrbed teat estate, of which the Mortgagor is now sewed and posstssrtd and M
acwal potsesiron, srtwte in the County of sSt • Lucie ~ State o/ Flarda, legally rletcntKd
,zfatorytCoadominium Parcel No. ?514, of CATAMARAN II, a Caadomiaium, according to
the Declaration of Condominium thereof, as recorded in Official Records Book 334,
at Page 2451, and aay amendments thereto, of the Public Records of St. Lucie
County, Florida.
SUBJ$CT TO terms and conditions of above Declaration of Condominium and any amead•
marts thereto, and restrictions, reservations aad ®asements.of record.
TOGETHER w,th all streretwK and rrttprovlmMta now and IrNNftr On said land and the tuturK attxhed thereto, also together wrM alt and s,ttgular th! tenements,
nerrtd,uments, eaxments, .leaner rrgAts and appurtenarrcK thereunto tselorsgrrg, or in any wrtY dppertarnrreg, ird the rents, rssuK, and prolds tlseteof, and also all the Ktate,
r+gnt, trtk. interest and a!I clams and demands whatloevN, as ure11 rn law is mlqu,ty, of Bard Mortgagor m and to the same, and every part and parcel thereof, and aha aft gas
and ekctr,c 1.,rurK, radwtors, heater, mr cordruonrng lywpmenl, mxhireery, bO,lers, ranges, elevators and motors, Dafhtuhs, srnka, water closets, water pawns, qpK,
raucets, and other pfumb,ng arW lreat,ng Irttur K, mantNs, retrrgeratrrsg plans and ,ce borrK. wrrrdow ar:reens, screen doors, versetran blrndt, storm shutters and awn,rys, rNhrch
.err now or may Aereatter pertain to a be usetf with, ,n or sin saW gemrSK, even though they fee detxAed or detxhatde, are and shall be deerrreel to lr! h¦tu,K and accessions
to the freehold and a part of the realty, and. rf ttre above rlestnlKd property K now or shall hlrNlter b! used Ior COmrnercrsl purposes, user. the lwndure and twmsh,regt and
any replacements tAereol wh,ch may 1rf owned by the Ma tgagp, and which are now or may hereafter be located upon the above dlStrrbeel gOperly.
TO HAVE AND TO HOLD ttre same, together wrlh all the estate. nght, title, rmerest, homestead, dower and right o1 dower, sepxateKtste,possessron,clamarrf
demanef whatsoever, rn taw o. rn e:turtY. of the saes Mortgages. ,n aryl to the same, and every part thereof, unto the sa,d Assocratron m fee srmpk.
1 tee blur tyaya, hereby corerunts wdh the Aswcratron that the fstatgagor n endeteasibly serted with the absolute and tee simple tale to sad goper ly, and has lull power,
and tawfur authunty to xtl, corweY. transfer arxf mortyag! the Time. that ,1 than fie lawful at any trrrre seerealttr for the Assocutron to pexeaWy and qu,edy enter upon,
+~.+.e, hoW and entuY sad pre><serty, arW every part thereof, that sad property n tree and d,scharged Irons all Irene, errcumbrancK, and Na+ms of any kind, rrsctetd+ng tartK and
.+ssrssments, e•crpt the here trereol, whKh rs a fast hen on sa+d property, that the 4lortgagor wdt male! such further assurancK to perfect th! tee s,mpk t+tle to saW property
u. the Assucraaon as may reasonably tee requrlel, and that the Mouyaga does hereby fully wanam unto the Assocrat,on the true to saW property en0 wdl defend same
r•r~rrnst the mortgage clams arW demands of all persons whomsoever.
NOW. THEREFORE, the cordruun of this mortgage rs sucA that d tAe Mortgagor shat) well and uuty pay unto the Aswc,atron, the rndebtetirrlss
r..eterrcetl by treat certain promrssury note, of even date heren+rM, made try the Mortgagor and payable to six Assocrabon, m the Prrrrcrpat win
,f FORTY-SIX THOUSAND-.~...~~....-..---~.~~-~~-~.~~.-..~...-.~-~--~~.~-~.~..~-~~.~-~.~-~.~-COLLARS
,5 46 , 000.00 together w,eh interest es tAere,n sated, payable tare. a term X48 months, and shalt
r~rterrm, comply with and ah+efe try each apes every the st,pulstwns, ayreemMts, cond+twns and covenants contained and set forth rn tA,s mortgage end +n the qumrswry note
sr. ureel hereby, then th+s mortgage and the estate hereby creared shall cease and b! ruff and trod.
TRANSFER OF THE PROPERTY: ASSVMPTION
tt all or any pan o/ the Property or an interest therein is sold or aansterred by Mortgagor without Assocution's prior written consent, efrcludirtq Is) the
reaUOn of a hen or encumbrance suborW~ete to this Mortgage, Ib) the creation of a purchase money security interest for household appliances, Ic) a transfer
f.y devise, descent or by operation of lar~/ upon the death of a joint tenant or (d) the grant of any leasehottl interest of three years or less not containing an
uptwre to purchase, Association may, at Association's option, declare an the sums secured by this Mortgage to be immediately due and payable. Association
malt have .varved 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
,greernent m writing that the credit of such person is satisfactory to AssoKiation and that the interest payable on the sums secured by this Mortgage shall be
,f 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 wrrtten assumption agreement accepted in writing by Association, Associat,on shall release Mortgagor from all obligations under this Mortgage
aril flee Note.
It Association exercises such option to accelerate, Association shaft .nett Mortgagor notice of acceleration. Such notice shall provide a period of not less than
3U Jays Irom the date the notrce is malted within which Mortgagor may pay the sums declared due, If Mortgagor tails to pay such Burns prior to the expira-
+~nn of such period, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 hereof.
AND the Mortgagor dws hereby covenant and agree
1 To pay all and srngrtlar tlse prrrlcrpal end mterKt and other sums of r*bneY payable by value of card ptom+ssory note and tfws mortgage, a e+thsr. promptly On
the days respectivey the same severally become due
2 To pay all and singular the lases. assessments. other gowrnrteental lev,es. IuWlrues, obligations and encumbrarsces of every nature tars card desenbsd prtapeny
and the rela[ed debt xqu+srtrors each end wary when dw end payable iccordng to law. before they become delinquent and. d the same shall not be promptly
yard the Assocratron may at any time. edMr before or aher delrrquency. pay the rams without wi+v+ng or aNectirq the option to foreclose. a any right
hereunder. and every payment so made shall beer rmerest from tlse date ttsersof at the rate of eighteen per cent (18'tE) per annum
Cs 3 That the Mortgagor wdt keep au real and personal property .Boor or hereaher encumbered by flee hen of this mortgage mswed as may be regwred from tittle to
F m time by the Assoc,ation against loss by lire. wrrdstorm and other hirirds. casualues and contrnglncres for such periods and for net less than such artwunis as
_ may be requued by ttre Assoc,atron and t0 pay prorreptly wMn due all prenuums for srrcA insurance Mortgagor sgrsei to deliver renewal ear replacement
* e pol+aes o1 any nature or replacement certificates of mwrance to the Assoeratron. at least ten (101 days q,or to t!re eigratrun a inruversary date of the exrstirsg
r ~ twhc+es The amounts of insurance rsquutd fay the Assoc,abon shall be m+mmum amounts fa w1ucA card insurance she!! be wmtan and a schiH be recumbent
' ~ M upon the Mortgagor to marntarn such addd,onal rnsurersts as may be necessary to meet end comply luny with all co•rnwrarsce requuements contaerted m card
_ r r.s pohcres to the end that sad Mortgagor rs not a co-rnsuror thereunder Insurance shaft tae wrrtten by a company a campats,ss approved o. desrgruted by the
. _ r7s Assoc,ation and all pplrC,ss and renewals thereof shell be held by the Assocretron All tfetirled ations
~ As50CratrOn and all eements between Mort a fly the Mortgagor which are accepted by the
'Y age g gor and Assocutrort rNstirsg to assurance. now atrst+rsg a tsereaher made-shall be m wntirp and slsali fors a part
~ X17 of tMS mortgage agreement as fatly as though set forth verbatim Mrsrn and shall govern posh parties hereto and then successors and assigns No tree upon any
~ o of card pd,creS Of insuratece Or upon any refursd w return premium wroth n?iY ~ payable Ors ltst esreceNatron or termrr?atron thereof. shall be green to other thin
~ S the Assocutwn. a:cept by proper erWwsetnettt afl,ied to stxh policy all approved by the Assoaatron Each ptalrcy of rnsursrsce shall have aNraed tMtato a -
Standard New York Mortgagee Clause vrrtfsout Contirbutron, ttsakrrsp all loss or losses under such pokey payable to the Aslwcritron as its interest may appear
m t In the event any sum or sums o/ money become payabk3 tlsareurrder, the Assoaatan shall Mee ttre opiron to .starve and apply the same on account of the m-
i' - ~ v debtedness hereby secured, or to permu tlss Mtxtgegor to rece,ve and ass rt. a any part tlsereol, erintsqut thereby wa,vsng or rrrtparreg any equity. ken or right
~ ~ urWer and by vutue of flirt mortgage In event of bas or phyarcet darrsage to the mortgaged popaty. the Mortgagor stuff grw rmmedrate notrce thereof by road
? Q t
i to the Assocrat+on arb the Assocratan may make proof of bss d the sirne rs not trade prorptly by the Mortgagor. In went of ttxeclown of tMs mortgage. or
other transfer d tick to tM rtsortgaged property. rn aatrnguiefsment of tM rrdebtedrsew secured hereby. all right. btk:red interest of the Mortgagor rn and to
l7 any insurance polrcus than m fora shall pass to tlse purchawr a grantee TM Mortgagor further agrees to able by the rules ird enstrrrg reguUtrorss of the
u. Assocutron. in c4nMttion vvrth required rrssurarsCe coverage of tM prtaptMy Mrern erlXttry?bered
t Paragraph 1 and Chow w1wCh follow art tonutrsed on tits gwrN side of Usti ttsgrtpege arsd by referettp are wscarponted tnto tlse body of the rtsortgege
Ttre terms Mortgagor atd Assocrat+on, urhereever used in tMs instrument, shall side hers. personal repretentatrves, successor assigns of the respetttve parties
hereto. WfrNever used, th! sirsgular tNtnsblr shelf irsclude Ilse plural and the plural a sitegular the use of any grtnder shall rnClitde rs.
IN WITNESS WHEREOF, tl?est prMeiftK hm been executed on Ilse day and ear first writ
Signyd, rated and delrrered in tlse prKenct of:
` ~
- ~ - ISEALI
RD KEATING
~~i~t` ,ISEALI
Rf^~'YcL `9x1.00 IN P1+:'--'"9T Of TAXES VRDA KEATING 2
GC1: GY ::S 'C' 1'ii~ r3tf Pe:;..~.:.1 FnOFErZTYr
Pit&~Jt: TO 6N~°I. ? 71-s::4, At.iS Of 1N71. ISEALI
fCr3 PUTi:AS '
5
,s r y ISEALI -
STATE OF FLORIDA COUNTY OF ST • LUCIE ~ - l '
y~ it
The loregorrsg instrument was sckrtoryledged before rtse this 16 day of Septemb~..._..1s~Q by t
RICHARD B , KEAT I YG aad LOVEDA i[. red d r ,
' r~~. EINOE
ROTAIEY P!'?CtC S'+?C nr ~r-~?~r~4 AT tAitQ - ,
MY comnwuion esprK _
Naagr t TF,,~ARI DA
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