The URL can be used to link to this page

Home My WebLink About0648 ~ 8~~0~ ~ C-~814A pg 10' r THIS MORTGAGE INDENTURE ~ i'r 64076 -2 E ¦ecutW that 15 day of September • w.o., to $Q • oy aSU2'~s~ THOMAS C. COOK and CONSTANCS S. COOK, husband and wife, .~S,o~ party o1 the fwst part (tsewar?aftN cyled Mwtgagorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a COrporitrari earstarrg Yoder Ifae IawM1 Of the Un.ted $)alp OT AmNita, party Of !fie sKtirW earl Inereanallsr Called Ifaf Assocylionl, WITNESSETH, That for lovers goad atW vyusWe consialerataons, and to secure the payment of tfae aggregaa sum of money named a the pumrstay note of even date herevwM, htrtrnafter menuoraed, togettisr wrlh interest thereon and all Other sums Of money xCUrrtd hereby as hersrnaftp pOVrrtled, the Mortgagor does grant, Oarga.n, stN, al,en, remix. release, convey and confirm unto the Association, in fee srrrpfe, the fotlorving described real you, of Yvhith tM Mortgagor as now sewed and postested and an xtual ptristssaOn, sitWle in the County of St Lucie Sure OI Ftarda- regally aescr.bed n rollover Condominium Parcel No. ?615, of CATAI[ARAN I I, a Condominium, according 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. SUHJSCT TO terms and conditions of above Declaration of Condominium and any amendments thereto, and restrictions, reservations and easements of record. TOCrETNER vwth all structures antl improvements now and hereafter on said rand and the laxtwes srtxlted thereto. also togetlse. wrtA yl and Lttguta. the ttrarrraents, ne+eddarMnts, easements, riparian rights and appurtenaricK thereunto bNoragrng. w m shy w+x appptaining, and the rents, atauet, and pot,ts thpeol, and also all the estate, +,ynt, tatll, interest Arad all clams and ifenaarads whatsoever, as yell an law K an tqurty, of sad Mortgagor in and to the tame, and tvtry part arsd psrcN tfiereol, and also au g+s .+n+f tltttrrc h.lures, rxlutors, heaters, air tarldrtiOnrrag tqurprrient, mathirtery, boaters, ranges, elevators seed motors, WlAtubs, ranks, water closets, water basins, pipes, t.,.,cets, and otAte plumbing and taeatrng t:xturK, mantels, relriglrating plans and rCe boats, window screens, screen doors, venetian blends, storm shutters anaf awnings, whin ++a• now or may hNealter per rein to or tit uuat w+tA, ,n o. aui sad ptmrses even tAOUgh they ti! rietxhed a detachable, are and shall bt deemed to l+e f,¦twes'1nd atccss.ons to the IreeAdd and a part of the realty. and. rl the above defCrrbld wagerty as now a shalt lierNtter be used fa corrirriercry pwprrxa, thN. the lurndure and fyrnrsh+rags and onv rlplxemmts tlatrtpl which may be owned by the Mortgagor and anh,ch art raOwr a may frereatter tIe located upon eta! above descratrerf gopNSY TO NAVE AND TO NOID the same. together wnh all the estate. nght, trek, mtdesl, homestead, dower and ragfit of dower, separate estate, posseuwn, da+m and irnserd Whatsoever, rn Idw or in equity, of ttit rid Mw lgagor an and to the same, and tarerY part thereof, unto the sad Assoc.al+on +n fee sample. The Alortgagpr hereby covenants wnh the A.tocwtion that Ilse Mortgagor K ,ndefeasrdy xrIld wnh tAt absolute and fee srrrapfe tit4 to sad property. and fix lull power, an.t tawtut authaar+ly 10 x11, convey, transfer aril mo. tgage the same, that rt shNf f7t tawfuf at riy trine AetNltlr to. the AssOCratrOn 10 pexlaWy and alii+etlY cote. upon, r+.i:r. twW arwt copy sad property, mxt every part thereof- that caul property n tree and d+scturged from all liens, eracumWances. and clarets of any k,nd, .ratlardrng ra¦!s and atsrssments, t¦cept the lien hereof, which as a test rich on Sad posxrty. that the lltortyagor wrN make wcA }u.ther aswrances to pe•tetf tree rte umpte title to sa.d property me Ass[xwtiiin as rtuy rtasanalily ere rtyaiued. and that the ptortgayor dots hereby fully warrant unto the ASSOCwlaarl the melt to sad property erW w+U deltrd Same ~r~+-.~nlt IAe rnrM !gage cld+lms and (femarNls of all persons WtatMlsOever. NOW. THEREFORE, the cond+tiun o1 this mortgage n such that rt the hlortgsgax sh.m well and irutY WY unto tAe Asuxratron, Mt aradebttitnesi r,.+ieracM by that cNta,n promissory note, of cuts date tatrrfwrth, made by the Mortgagor and wraWt to t/ie AsSOCwt.on, an the PrrrKapal win .1 FIFTY THOUSAND------------------------------------------------------- DOLLARS s 50 , 400.00 ,,together w.th .merest ds therein stated, payable ove+ a term o! 348 months, arW shall i+t+turm, comply wrath and alnete !nr each and every the st.pulations, agrtemems, [ond,trons and covenants contained anaS Set teeth +n LArs mptgax and ,n the prOmasury note ce+~ure,1 htrNW, LAM th+s mortgage aril the estate hereby trldtld Svt1a11 tease and Dt null and cord. TRANSFER OF THE PROPERTY; ASSUMPTION if all or any part of the Properly or an interest therein is sold or transferred by Mortgagor without Associatitxi s prier whiten consent, eaduding (s1 the r reauon of a lien or encumbrance subordinate to this Mortgage, (b) the creation of a purchase money security interest for household appliances, Ice a transfer t'v devise, descent or by operation of law upon the death of a !Dint tenant or (dl the grant of any leasehold interest of three years or feu not conta:nirq sn ~,huon to purchase, Association may, at Assocuuori s option, declare all the wins secured by this Mortgage to be immediately due and payable. Association ,hall have waved such option to xcelerate if, poor to the sale or transfer, Asstxiatron and the person to whom the Property n to be sold or transferred raatA ~syreement rn wrtttng that the credit of such person n saustxtory to Association sod that the interese payatNe on the sums secured by this Mortgage shall Oe .rt such rate as Association shall request. It Association has waived the option to xcelerate provided in this paragraph and if Mortgagor's succeuor in interest ryas executed a written assumption agreement accepted in writing by Association, Auoua.ron shah release Mortgagor from elf obligations under this Mortgage ,.,a the Note. tt Association exercises such option to xcelerate, Association shall mad Mortgagor notice of acceterat.on. Such notice shall provide a penotf of not less than d0 days from [he date the notice K ma+led within which Mortgagor may pay the wets dsclared due. 11 Mortgagor faits to pay wch wins prior to the exprra - r,nn of such period, AssOCiation may, without lwlher notice Or demand on Mortgagor, invoke any remedies permitted by paragraph t5 Hereof. AND the Mortgagor does herepY cowriant and aprN 1 To pay all and s+ngular tfN pr+ncipal and interest and OtfNr vents Of nrarteY payable by virtue Of sad pom+ssory note and rtes mortgage. or attser. promptly on the daYS respec«vety ttte same severally become dos 2 To pay au and singular the lases- assessments. other govsrnmertut Nvres. liabl+taes. Obligatroris and encumD•arices of every nature on fad described property and the related debt scquasitian each and every wham dw and paysbM according to law. before they fxcorne detusquent ord. d ttte same shalt not be promptly pad the Assocratron may at shy bm0. eraser before or after dNiraquency. pay the same wrttaut waning a affectartg the optan to forecfoss or arty rrgAt r o tiere;srtder. and evsry piymant f0 made straw bear merest from its tlsu thereof at the rate at ergnteen per cent .tf3'bl per anrwm .a ~ ~ 3 That the Mortgagor wrsi keep au rear and personal property raw a taereifter encumbered by tAS aen of ttt.s mortgage +risaire0 as may be reQyrred tram time to .D r.me M the Ass,oerateon against bas by fire vnrtdstorm an0 office hazards. uwatnres and cOnbngenC+es for such periods and for not less than sxrdt amourm ss rv * C ~ may be requ.red by the Assocrat+on and to pay txomp:iY when due all pemrums for such arasi.rarsce Mortgagee agrees to define renewal or replacement a ~ ~ ~ put+c~es of any nature or replacement CettafacateS of +nsurancs t0 the AciOCrataan at kart ten 1101 daYS error [o tAe eraparat+on or anniversary date of the asrsung Q v r'rl pplrcrts The amounts of insurance requ+red by tfte AssOGrat+On shall De m,nanium amarnts iW wh+Cfi sa+d rnwratKe show be written and rt tvtau be .rt[umDlnt ~ O ~ t~ upon tree Mortgagor to ma+nta+n such sddrtanat insurance as mar be rNtssssry to meet a:id COrrrplY rutty write art co-rnsurante repuuements contairsed an sad N ~ pobc,es to the end that sad Mortgagor rs not a tp-irisiirar tMreunder Insurance strati De wnttM M a Company d ccrrtapatws approved a des+grtited W the N O Associat+on and aN pofrcies and renewals [hereof linau be herd by the Associatan All deuced detagnatiats by the Mtsrtgagor which are accepted by the 3 ~ Ct Assocutron and all agreements between Mortgagor and Assocytion rtrlatatig to insurance. now ea+st:ng or tsereaher made. shall Oe in wnT.ng and shall be s part + .p' O of tta+s mortgage agreement as fully as tltougn set forth arNbabm ner.in and shah govern both parties hereto and their strCCSSSOrs srW assigns No lien upon snY _ ~ ~ of tied pdicaes of artsaranCe a wean any refund a return prettaaum winch may be WYabre On the Caricetlstgn a termrnatan ttaered. Shan be green to other than ~ ~ ~ the Assoc:atron. etc t ep by proper endorsement sfl+aed to such policy and spfaraved by the Assowtiori Escn pokgr of insursrtte tihatl trove atfuc0 thereto a Standard New York Matgsgse Clause vritttout COntrrbytibn, nsaking as bas or losses tender tliiCA polity paYSttle to the AssocStion u its interest may sppea• 0 y ~ tr, ttte event any win or wins Ot money become payable thereunder. the AfsOCratiOn shall hire the option to rscaire and sppty tM sartse on account d the m- ~ ~ aI1 debtedness hereby secured. or t0 permit the Mortgagor to teteave and use 4. or any part dtereaf. without thereby wsrvanp or impairing arty ttWrrh- ken or right under and by virtue Of this mortgage In event of loss Or pfryfital damage t0 tM rtsortgaged propary. cite Mortgagor shall give immediate /Satrte thereof by mail » O :o the Association and the AssO[aatian may make proof of toes d tfte same as rat made promptly by =ere Mortgagor In erMt of lorecbsurs of rtes mortgage. or other rooster of atb to ttte mortgaged papertY. in ettbngwshrrtent o1 the artdebtedrNSS secured hereby- ore raghi- ads and interest of [he Mortgagor in and to 4 any mwrance pohuas then in lore shah pass to tfte purthsser or grantee Ttte Mortgagor furtAer sprees to sbde by the rules avid eaistirag regu4trons tM tfse AssOCiatran. an cwtrsectan with rrtpuued insuratce cavMage Of ttte property heeean encumbered 4 Paragraph 1 and those wMCh fouaw sn tongirted on des revere side d the mortgage and by referertt» are etoorporated into tM ba7y d des mortgagor The terms Mortgagor irsd Association, whenever uxd in Mir instrument, tytill include die hems, Opsartsl reprperiutrves, sutxessors or assagen o1 the retpeCtive partrp ne•elo. Wherever used. the srrtgular number snarl include the plural and the pfury the sartgular, and the use of any gender shy! .tdude elf genders 1N WtTNE55 WHEREOF, these p*emises hare been esautad on the day and year first above writun. Sgned, xaled and d~N m the txesersce ot: ~ ^ /Z~~~~~vy7ir/ ~e //J~ttj//~ ISEALI _~a.d~ r s / / COOK ~ ~ ISEALI f r a~._ ~^~c~ s 0. 0 1N Par.-?=`tT CF T?.xE= CONSTANCE S . COOK C,'~' ' 'S::G: E PcPi'~ F^? ~ ISEALI FL" :.::'ii 7 L:;.:?i:.: 71-~ 4, ATS Of 1l1L R::¦irT Fa.IiF.A~ ISEALI _ e~ i r i. r ~ ,JAI STATE OF FT~OBIDA COUNTY OF ~T_.~Br ~ 15 d,,, of September .,g 80 by : the loregoirag instrument was ackrsoeNedged before me inn THOMAS C. COOK and CONSTANCE S. COO husband and. i~' ~ ` LEND R fti vv ~ r • rf ~2 f ~A Qi Lt•R ;E a' My ctimmruion aspect c,. _ - - J i {~:zS Nowell PtrbtiC. Su FLURI•~ - 1 , ~ a~~~ ~~cf a