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THISMORTGAGE INDEIVTU~E ~o.
I:.rcutett this ig day of September . A.D., fe 80, by J~Q~~r
RICHARD C. LUCAS and ELIZABETH M. LUCAS, husband and wife,
pasty of the first part (frernrsafttr called Mortgagorl, to
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION
a aorpuraertrn exghryl under the fawn of the Unusd Sutra of AmerKa, party of ttte sxond part Iheretnalttr called tM Assoclattonl,
WITNESSETH, That fa dryers good and valuable consrdaatrons, and to secure tM payment of t1?e aggregate win of money ranted in the prlxnrssory note of corn Wte
txrowrth, ftererrta!ta mentrtlrted, together with rmaat Hereon and all other wins of mOMY secured hereby at haernafta gtlvrtled, the Mortgagor does grant, bargain, sera,
aLen, remrx, release, convey and confirm unto the Astociatron, m lee slmp4, the tollrfwrrtg described real elute, of vrhlth the Mortgagor Is now scold and possessed and m
act.;al pussesstort, situate m ttte County of . Lucie
atfulloyvs. Condominium Parcel No. 7651, of CATAIdARAN II, a Condominiuat,Flaccording to
the Declaration of Condominium thereof, as recorded in Official Records Book 334,
at page 2451, and any amendments thereto, of the Public Records of St. Lucie
County, Florida.
SUBJECT TO terms and conditions of above Declaration of•Condominiwn and any amend-
ments thereto, and restrictions, reservations and easements of record'.
TO(',EhtER with au structures and Imprtfvtements now and htrNtta ore said tend and the fixtures attxfted thereto, also together with all and singular the tenements,
r.r~ cahterrtents. easements, riparian rights and appurtenances tltNwmo Oelatgrrtg, a in any wife apper tainrng, and the rents, Issues, and golds thaeol, and alto all the estate,
~.ar,t, rifle- rntrrest and all claims and demands whatsoever, ss well rn law as rn equity, of said Mortgagor rn and to the same, and every part and parch thereof, and alsp all gas
•::..f electr+c hrtures, rxf+aton, hNters, an cortdruonirtg equipment, maCAlrterY. boilers, ranges, ek~ators and motors, bathtubs, strike, water closets, water balms, pipet,
.....rte, ..rid utr.rr plumlury and heatrng h¦wrct, mantels, refirgerahng plans and ice boxes, window screens, screen doss, vrnetran blinds, storm shutters and awnings, whrch
,IOw o+-rrtay hereafter per tarn to or ere used with, .n O/ On card gemrses, even though they Ire detxhed Ot detxhattle, are and shall be deemed to tf! Irrtwes and xcess+wts
r;, +Re treenold arul a part of the realty, and, rl the above described goplrty 1S now or sltsll Itlreatter be used to ctfrrurtercral purposes, ttterr the lurnrtwe and furmthrrtgt anrf
rcplxrrrtrnts tnereuf whrcA may tie owned br fife Mortgagor and wh,M are now or may ttaealta he located upon the above tescribed gope+ty.
TO HAVE AND TV NOlO the Same, together write all the estate, right, tole, interest, Itorrtestead, dower and rrgltt o1 dower, scparateestate,possessron,clarmand
r.ntn:f wnetsue+rr, rn law o. rn etfurty, of Me card Mortgagor rn and to the same, and every part thereof, unto the lard AytocratrOn in fete supple.
1hr Ater tya~.x nrr H+y covenants with the Astocratron that the Matgsgw rs rndeleasrbly sert>td with the absolute and Itfe supple trek to card Proplrty, and has lull power,
,,n~f lawful autnunty to xll, comfy. bamfa and mortgage fire tame. that rt shah be lawful al arty lime hereaha la the ASSlxralron to pexeably and yuredy enter upon,
n.,.r. h.,nf a~uf errluy snot prrHterty, and every part thereof, that card popery rs frC! and discharged from alt (lens, erlclrmbrancK, and clams of any kind, +nclrrd+rtg taxes and
.rs>r>Nrwnts. a+crpt tfrr lien here0l, whrch rs a first Irert On lard pasta ty, that the Atortgagor wrN make such further aswrances to perletf the lee supple title to lard properly
rnr AssucraUun as prey reasonably Ire reyuued, and shat she Mortgagor does hereby fully wan ant unto the Assocrarion the utte to se+d gOpaty and will deferM same
+..:•ntt Inr n+•N tyayr ~ta,mt aril rftm,fnrfl of all perSOr1S vrAOmsOeva.
tvOYy. TMEREfORE, the corWrbon of this mortgage rs such that d the Mttgagor thall well aM truly pay unto the Assocralroq the rrtdebttrdrtns
• .-:frrr:c..1 t+y that crrta~n gomnswy note, of ~ even date herevrrth, made bV the Mortgagor and payatrk to the Assocratron, rrr the principal win L
FIFTY NINE THOUSAND, SIIC HUNDRED_____________________________________~oi~ARs
' ~ 9 , 600 • 1, together wr[h interest as therein stated, payable over a term of 348 months, and shall
r.,+m. CurrYrlY mth anJ otMde by each arW e,ray the strpulatrons, ag+centents, conrlrt+ons and covenants contained and set forth +n thrt rrtortgayc and m the qom+sswy note
e.~ ..rr.t rr+rhy. Then Inn mortgage and the estate hereby created shall cease and b! nuts and word.
TRANSFER OF THE PROPERTY; ASSUMPTION
+f eft or arty nail of tnr Property o? an interest therein is sold or transferred by Mortgagor without Associatton's prior written consent, excluding tort tM
. r.~aricxt vt a l+rn or encumbrance subordinate [o this Mortgage, (b? the creation of a purehasemoneY security interost for household appliances, lc) a transfer
d2vrte, .tescent or by operation of law upon the death of a point tenant or (d) the grant of any leasehold interest of three years or less not containing an
~.l,uun to pwchase, Assocrauon may, at Association's option, declare all the sums secured by this Moatgage to be immediately due and payable. Association
au na4c ..a+vro s,.cn option to accelerate if, prior to ttte sale or transfer, Association and the person to whom the Property is to be sold or transferred reach
..yrrrrnent tvriu+,g that the credit of such person n satisfactory to Association and that the interest payable on the sums secured by this Mortgage shall be
.f loin rate s Assoual+on shall request. H Association fins waived the option to accelerate provided in this paragraph and if Mortgagor's successor in interest
r.,. zxec ucect a trrrtlen assumption agreement accepted in writing by Association, Associatmn shall release Mortgagor f?om all obl/gstions under this Mortgage
.,~~..f thr Natr.
1f Asso::aLUr. exerusss such option to accelerate, Association shalt mail Mortgagor notice of acceleration. Such notice shall provide s period of not less than
tt) daa, frurn ttie date the notice is mailed within which Mortgagor may pay the sums declared due. If Mortgagor tails to pay such wins prior to the expira-
n of s,acn period, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 hereof,
At:D the Mortgagor floes hereby cowrfant and agree
1 7o pay aft and singular the quKlpal and interest and other wins of mtxtey payable by vutw of card promissory note and tMs mortgage. a anther. promptly ore
tr.r days respec[IVely the same severalty become due
2 7o pay au and S+ngutar the taxes. assessments. otMr gtriemmenul lavres. liaprhues. OblrgatrOns and erKUmWances of awry nature on sad described property
era the related debt sctTulsrtron each and awry when due and payable act:ordrrfg to law. before tMy become dcl+nquent and. d tIN same shat! not be promptly
t:a,d the Aswcratron may at arty dine. ertMr before w after dahnquancy, pay tM same vrrthout warring or affecbry the tlptrort to forecbsa. or any right
~ ."r+rur.der and every payment f0 made StfaU.bear mterost from tM data thereof at the rate of eighteen per cent ITByW per annum
J• c ~ 3 Tr.at the rV!:xtgagor will keep all real and persional property now of Iweaher encumbered by ills teen of tMS mortgage utswtsd ss may be requuW from dine to
p :•'~ie or the Assocratron against bss by foe. windstorm and other hs:ards. cswsltres and conttnpenaes for wch periods and Iw rwt less than sucA arnaunts as
~ ~ r..eti [.e rrgwred by ttte Assoclabon and to pay promptly when tine alt gemwms ftir wch rnsursrfce Mortgagor agrees to delver rerfews! a replacement
~ O ~ t.u:,~ es of any nature tx replacement ctsrtdrestss of mwrartce to the Assouatitx?, at least ten (1OI days Wror to the exgrstuxt tx amtrversary date of the exrstirtg
O.. re ~ ;x.+.c~es Trte amounts of inwrartce raquued by the Assouatwn shall ba m+nlmum amounts for whrch red rnwrinCe shall be wrdtM and rt shall be +ncumbent
~ Z S errs u;.:>n the Mortgagor to maintain such sdWtrorta! tnsu:ance as may pe neussary to meet srtd comply fuuY with all co-rnsurar?ce tetTuuemenlS contatrted m sad
~ O Os ;x,~~:+es w the end that sad Mortgagor is r?ot a co-inwror thereunder Inwrartte shall be written by a company a corrlpartlas approved or designated Dy fife
crt ~ s Asscs.at+on a,d all potions and rsrfewsls thereof sftall be Its!d by tM AsriOCratton All tietarled tlesrgnatrons by the Mtmgaga whu:h are sccepttd kfy the
~ 'p Atsxratron and all agreements between Mortgagor and Assoctatrop rtWtlttg to Inwrance. rtllvlr exrsUrig tx hereafter made, shall be in wntrng and shaft be a Part
3 i- ~ of tn,s mortgage agreement as toffy as though set forth wrbatrm fferein and sflla8 govern both putrs hereto and tnsu slrcussors and assigns No hart upon any
T m ~ o! snort pot+c:es of Irtwrance w upon arty refund or return pramnfm winch maybe payable on the canceuatron ter tsrmrnatron thereof. shall be green to other than
C~ the Asaot+atron. except by proper ertdorsemerft aNued to such pokey and epprovad by the Asfocratltln Each
policy of utswartce tnsu flaw aNued thereto s
E 7 ~ t Standard Mew Ytxk Mtfngsges Clause vwthout Contrlbutlon. making sN bss or bases under wch polty payable to efts Astfoclatron as Its interest may appear
O ~ e Iii the event any sum or wins of money decorate peyabte tftereurtdar, the Assoclatron shah haw tfrt option to recerw and apply the same on account of the m-
oebtedness hereby secured. or to pamd tM Mortgsgtfr to ret:erw and use tt. a any part thereof, wI[hout thereby warvtrtg a Irtlpaurr?g any equity. ben or right
~ ~ ~ V! ur.,ler and by vrrtw Of tMs Iporfgage In evMt of bss Or physical damage b tfte mortgaged property, the Mortgagor shau grw Itpmedrata rtotree thereof by mad
v, to fife Assocratron and the Assocrattort may make prod bl kiss d fife sapw is not made promptly DY tM Mortgagor In event o/ foretdowre o1 tlws mortgage. a
s ~ ~ other transfer of utk to the mortgaged property. to estrngutshrrterft d tM Indebtedness secured 1»nffy. N1 right. offs and interest of tits Mortgago. m and to
h° any rnsrrance potrcles then in force shalt peas to the purclwsea tx grantee TM Mortgagor further agrtfes to abide by tM ruNs and existing regulatlor?s of the
'a Assocratron in corutectlon wtth rlpuued insurance coverage of tM property Mrerp epcumbertW -
4 Paragraph 1 and those wfch follow are COrttatfled p1 tiN rawrM side Of the mortgage and by nfetertce an !
rrfoorporeted rnb tM bodlr of tlrs Ittortgage.
The terms Mortgagor and Asstfcrstron, whatever used In this /nstrtrrrtent, shall ust9ude Het sonsl represenutrves, successors a sssrgrts o/ the retpactive part.es i
Hereto. Wherever ustM, the srrtgulsr number shall include tht plural and the plural the strtgular, use of any gender shall rrstltrde all genders.
1N WITH WHEREOF, these premises have executed on the day and year first ittM.
Signed geed srd dNrvaCd to t esence = ~ ^ ~ /
~ ,'J ~ f~" ~ (.,wit t a?~ (SEAII
- ISEAL)
1 ~ r~D Reclnr~ /19.~ 0 ~ P~~^~-err as: TucEf ~ EL BTH M. LUCAS -
_ ~ , r, r (BEAU
%i+",:r~:Jil TO Ci;;,YTFi 71-~~3, RATS OF 1~]L
- Fr"s.:C.T. PiiJTr1.:: ~D ISEAU
CLfBK Cl:,U;7 t08;tTr ST. L~:.IE CO.. M,
FLO$I DA ST LUC I B jw
STATE OF COUNTY OF •
on •
The forttgorng rnstrumeor was acknowledged before me this-1~ day of -~'plr -E3mh@r , t9.~WI. M .v ,'et set' ~
- _ _
RICHARD C. LUCAS and ELIZABETH LUCA$,~a~usband wife,
f~:!~r~,Ry _ n: ~1..,,t^a el i~l::,E ~ i. t ' lE O R .
My comnassron a:prres 1,' Y ; . t • + ~ ~ r
- t-- ~ - - _
Notary ?eblic, o(- , FIARIlI~[-_
~oK340 ~scf 611