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Home My WebLink About1671 - C -836A P6 64788 ~ THIS MORTGAGE INDENTU#IE : ~~4~'ls ~ 1J~ Executed the day of October 1 . A•D•. tg 80 • ~ _ ' - ROBEAT W. GREENE and BETTY 3. GRE$NE, husband and wife, party of tM first parr (Mier CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION ~ log ~3~• a cpppation existing under tM laws of tM United $talK of America, party of the second part (hNarsaleN called tM Astocratanl, WITNESSETN, Thal Ip drvNS good and valusWs contidaatans, end to secure tM payment of the sggregau vein of morsty named m the prOrtiisiOry note of even oats lserewith, haeiMttN rttentioMd, together with inttrKt tANeOn and all othN sums of rtarMY secured Mreby K MreinattN govirted, the Mptgagor does grant, birgarn, see, slice, remise, releaN, convey and confirm unto tM Association, m fee simple, the lalowirg described real estate, of iNhich the Mptglgp is now sased and possessed and m xlual posteuion, fi1Wb in the County of St . Lucie state of Flpds, legally rfescrdri!d atfalows: Condominium Parcel No. 4171, of SEA3CAPB I, a Condominium, according to the Declaration of Condominium thereof, as recorded is Official Records Book 338, at Page 1033, and any amendments thereto, of the Public Records of St. Lucie County, Florida. SUBJECT TO terms and conditions of above Declaration of Condominium and-any amead- ments thereto, and restrictions, reservatiotis and easements.of record. TOGETHER with all strUtturK and rmprovtmMts nOw and hNN11N on said land aid th! /ixturK atlxlted tisHeto, also tOgetfiN with all and singular the tenements, heritditsrnerits, easements, ripaiisn rights and appurti!naACK thereunto bebngtrtg. M in any wise ippertiinrrig, and the rents, issues, and profits thereof, and also all the estate. right, title, intNKt and ell c4ims sad demands whatsoevN, as well io Isw ss in equity, of sad Mortgage in and to the same, end t.vaY pat and parcel tMreol, s,,d also all gas and eletlflt fixWrK, radNlps, ANtNS, in COMlrlipllrrg lquiprrieril, mxhlnNy,-biller S, ranges, llevites irid motpf, bathtUfas, sinks, yWtN CIOtlIt, wi1N basins, pipe., faucets, and other plurritring end heating fixtures, mantels, relrigerahrg plans and ice taxK, window ss:reens, screen doors, venetian blinds, slam shutters and awnings, which are now or may hNNttN pNtam to a be used with, in p on sad pemifK, even though they lie detxhed a tletxhatde, are and shall 6! deemed to li! (rxtwes and xcestwm to the freehold and a part of the realty, end, it the above described property K now p shall hataftN be used for commeraal purposes, thM the fwnrture and twnrshmgt and any replacements thereof which may be owned by the Mil tgagp and which are now or may he,esftN tae locattd upon tFq shove describxd properry_ TO HAVE ANO TO HOtD the same. togethN with all the Ktate, nght, title, interest, homestead, dowN and rrghl of dower, separate Ktate, possession, claim arxt demmd whatsoever, rn law or in tquity, of the sad Metgagp in and to the same, and tryNY Part thereof, unto the sad Association rn fee simple. ' The Mortgagor hereby covenants with the Association tMt the Me tyagor is irsdeteasibly sailed with she absolute end lee sirrrD4 title to sad property. and ties full power, and lawful autheity to sell, corwey, transfer and mortgage the same, that a shall be lawful at any time hNNftN Ip the AtsoeiaUp? to peacoaWy and giiretly enrN ispon,- have, hold and copy said Property, and every part thereof, that sad property is fiK and drscliarged from all Irene, encumbrancK, and claims of any kind, including to¦K and assessments, except the lien Mreol, which is a lust hM on said property, that the Mortgages will make such lur~hr aswrantes to pNlecl the tee simple title to sad property in the Association as may reasonably tie re4urritd, and that the Mortgagor does hereby fully warrant unto the Association the title to sad fropNly and will ifeferirf same against the mortgage claims and demands o1 ail pNSOns whomtoevN. NOW, THEREFORE, -the cordaion of this mortgage n such that d the Metoagor shall well and truly pay unto the Association, the indebtptness evidenced by that certain promissory note, of even dal! frerewrth, made b1r the Mortgage and payable to the Association, in the Priritipal win - a,EIGHTY-EIGHT THOUSAND, FOUR HUNDRED---=------=-------------------=----OOLIAAS ,S 88, 400.00 to9etlier wrm intNest ai therein Stated, payable over a term of 348 months, and shall perform, comply with and abide by exh and evNy the stiputatans, agretments, conditions and covenants contained and set filth in this mortgage and in the promnswy note secured hereby, then this mortgage and the estate hereby created shall cease and be null and void. TRANSFER OF THE PROPERTY; ASSUMPTION I1 all or any part of the Property or an interest therein is sold or transferred by Mortgagor without Association's prior written consent, excluding la) the cruation of a lien or encumbrance subordinate to this Mortgage, Ib) tM creation of a purchase money security interest for household appliances, Ic) a trsnster by devise, descent or by operation of law upon tM death of a joint tenant or Id) tM grant of any leasehold interest of three years or less not containing an option to purchase, Association may, at Association's option, declare all the sums securiid by this Mortgage to be immediately due and payable, Association shall have waived such option to xcelerate if, prior to tM 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 and that the interest payable on the wins secured by this Mortgage shall lie at such rate as Association shall rerluest, If Association has waived the option to accelerate provided in this paragraph and ii Mortgagor's successor in interest has executed a written assumption agreement accepted in writing by Association, Associa.io:, shall release Mortgagor from all obligations under this Mortgage and tM Note.. It Association exercises wch option to xcelerate, Association shall mail Mortgagor notice of sccelaration. Such notice shall provide s period of not less then 30 days from tM date tM notice K mailed within which Mortgagor may pay the sums declared due. If Mortgagor fails to pay wchaums prior to tM expira- tion of such period, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 Mreoi_ AND the Mortgagor does hereby covenant end agree. 1 To pay all and singular the principal end interest and otMr wins of nsoney payable by virtw of sad promissory rate end the rrartgage. p euMr. promptly on the days respectrwh the same sawraNy become due 2 To pay aN end singular tM taxes. assessments. other governmeagl Nvies. kabdiues. obligations and encumbrances of every nature on sad described property and tM related debt stquifition each end every when dw and peyabM acceding to law. belee they become delinquent and. d tM serifs shah not be promptly pad, tM Association may st'any brM. atlier Mtee or aher delusgitency. pay tM same without wanrirq p aHiscting the optan to leeches. p any right hereunder. and awry payment so made shah Dear mta~st from the date dsaeot st the wte of eighteen pN cent l t f)961 pN annum 3 That the Mortgages wd1 keep all rest end personal property raw er Mreaher erscumbered by the kern ql fists mortgage ir?swal as may be required from bme to trine M tM Associston against loss by hie. windstpm end other ha:srds. uwalues and writirsgsricies (a such periods and foi not Isss then sucA amounts as may be required by tM Assotratan and to pay promptly when due aN prsoxrrrns ip sucA insurance Mortgage agrees to dskva renewal p replacement patties of airy nature p replscsment certdiutes of iriwrenq to tM Assoaatan- at least ten (101 days prior to the e~iratan or anroverssry date Of tM existnsg patties TM amounts of inwranu requued by the Assoustan shall be mwmum amounts for which sad usswarsu s1saN bs wnttM and d shall bs recumbent upon tM Mptgagor to rnainisin such additional inwarsq as may be necessary to meet and comply lu:ly with aN co-rrauranu requirements contsesed in said parties to tM end that sad Mortgage nnot a co-rrswror tMreurder Inwrarsu isM11 bs wntten by a company p conspsnief approved or desprsated M the Association and all patties end renewals tMreof shell be Isald by tM Assocation. AN detailed designations b'N the Mortgagor whrcfs are acupted by the Assoaation and all agreements between Mortgsgp and Assouatan relating to inwrance. now existing or hereafter rriede. shah bs in writing and shah bs s part of this mortgage agreement as fully as though set forth wrWtim Mrein and shall govern both parties isaeto and tlseir strccessa+s end assigns No kenaipon any of sad pacres of irisixencs p upon arty nfurd or return premwm which may ise payable on tM urscelgtion er termination tftereof. shah be given to other than the Associaton- except by proper endorsement affixed to such pokey and approved by the Association. Each pokey of irssurar?ee sMN Mw atfwd thereto a Standard New York Mortgagee C4use without Contributan, making aN bas or losses wrier such paigr paysbN to tM Associaton as its interest may appear Iii the event any sum or wins of money become payable tlserwrsder, tM Assowtan shell Mw the option to reteiva and apply the same on account of the in- debtedness hereby secured. p to perrmt tM Mptgegor to receive end use i1. or any part thereof. wittsout thereby wamrtg w urspeirrng any equity. leas p right under and by vrrtw of tfws mortgage In event of bas or physical damage to tM mortgaged property. the Mixtgapp shall give rmmedieu nottu thereof M mad to the Assoaatan and the Association may make proof of bas d tM same is not made promptly by tM Mortgsga. In event of torecbwrs of the mortgage. p other transfer o1 Mls to tM mortgaged property. in extirtgiiielsrMOt o/ tM indebtedness seturad Mrisby. aN right. title and interest of the Mixtpagq in and to any inwrarsu pokcieS then in /oru shag pass to tM purchaser p grantN. The Mortgagor furtfser agrees to abide by the ruNs and existirsg regriletidrss o1 Ilse Associston. in corsrtsetan with required irKUrariu eoverapa OI tM property herein encumbered 4 Paragraph 4 and those whirls follow an oonteirsed on file reverse side of this mortgage errd a referana era irsoorperatad into tM body o/ this mortgage. TM tNms Mptgegor end AssGtiatiOn, wherilvlr used m this mstrwrient, shall iridude rise Mus, pNwael rlpraenutivK, wecessors p assigns of the respective patrK hereto. WMrevN used, the singular nurrslxer shall include the plural and tM plwsl the sirqular, end the use of arsy gender shell include all genders- IN WITNESS WHEREOF, these premifes have been executed on tM day and year first itten. Sigrsed, sealed end ddivNed in the presence of: (SEAL) RO ERT _ W L ISEALI in E. Nesius~~ ~ BSITY S. GREENS ISEALI ' lie R. Williams ISEALI :,v STATE OF INDIANI COUNTY OF Jasper QA ? TM Ior - se aeketordedged betas me the LG* day of October , t83ZY far ,a ? ~+-+a+~~'i ' ~e~e i . ~a , - and BETTY 3. GREENS, husband and wife, L~..~ • feet 1tlet~t: ~i r . ~ / LENDER • ,Q,. ~ ~ > ' _ ~~antxary 17, 1983 ~rl ~a~~Lc~-c.v .lJ~ _~d a.~-~- : , Uar ens Stempkows i ~ ~ f . '1r' .a r' Nlotery PiiWie, stets M INDIANA ~ ~.r ' - Co . of Res : Jasper 800!(J`t~ lAGf~~I) _