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- THIS MORTGAGE INDENTURE RECErvED s 76. ~o IN PAYMENT Oi rAxEt
E¦ecutad this 27 day el October . A.o., tg SOby ouE oN c~. st •C' INTAtifi eiE P[RSOfu¦l PROPEl~ITYa
CRBATIV$ HONES BY MATHIAS, a Florida corporation PuasuANT to ~MAPRO~R ~rA~cis of unM
party of tM first part Iltereirtaltar called Mortgagal, to ~ ~ CO~j, =L ~E ~ ~f~ ,I' •
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION C
a corporatan existing under fete laws of tM Un,tttd Sates of Amer,ca, party of tM stxond part (hMeinalte. called 1M Astociatanl,
WITNESSETH, TMt la divers good and valuabN contrderations, and to secure tM payment of tlw sggregate rum of money named In the promissory note OI even date
hereMxth, hMeiMltN mMtipNd, tOgetfter Meth ingrest thereon and all otMr sums of moray secured hereby as htreinalter provided, the Ma tgagw does grant, bmgain, sell,
serer, remise, release, COIIMey and cohlum unto tM Aswciatan, rn fee trrsple, 1M tollovMng described real estate. of tivh,dt fete Mortgage is now sei:ad aril possessed and in
acwal pottttssion, sitwte M the County of hSt . Lucie State of Flails, legally described
affalwrf: Lot 15, Block 573, PORT ST. LUCIB, SECTION THIRT$SN, according to the Plat
thereof as retarded in Plat Book 13, Page 4 of the Public Records ~f St. Lucie
County, Florida.
SUBJECT TO all governmental zoning regulations, municipal liens for utilities and
restrictions and easement of record.
TOGETHER with alt structures and enttprOVghMts rove and herNlter Ori {aid Im%f and th! IIxWIM allxlied IhpllO, also logelher with all and pnguWr the tenements,
r•.eredrtaments, Nflmentt, ripmimt rghts and sppurtenartces thneumo bNonipng, OI in any Muse appertmnrng, ar„1 the rents, Kstres, and prohts thereof, and atsr~ ail the estate.
rrt)ti t, tick, interest and all cta,rrK and demands whatsoever, ri wNl th Isw >f in equity, of said Mortgagor m and to the carne, and every pert and parcel thereof and also alt qas
and electric /,xWles, radeatas, heaters, mr conditioning equiprrsent, mxhintery, balers, ranges. elevators and motors, bathtubs, sinks, water closets, water bafins, Pipes,
faucets, and other plunttbeng and heating t,xturef, mantels, relregnatirg glens and Ice boxes, Mrindow xreens, screen dons, venetun blends, seam shutters and awn,riys. wtlich
c ..Uilir (H rr?ry liere.flel ye,imn tp w ire uses wren, In a On said penises, even though they be detxned w dttxhatrk, me and shall be deemed to b! IIr twos arwl accesunns
to th! freehold and a part of the realty, and, of the above descrlfaed property K now M shell herNlter tr! usM tpr commerual purposes, then the furniture and IuinKhinys and
eny replacements tnereol wh,ch may be owrsett by Ilte Mortgagor and whech are now or may hereafter tx located upon the above descrilrerf property.
TO HAVE ANO TO HOlO the same, together witA ail the estate, right, ink, Interest, homestead, down and right of flower, separate estate, pOSSesfron, claim and
demand whatsoever, in law a in equity, of the sad Mortgagor ,n and to the same, and every pmt thereof, unto the sad Assocwtion ,n lee simple.
The Mortgagor hereby covenants with the Assocuuon that the Mortgagor is Indeleas/bly felted w,th the absolute and lee sirripk title to Bald ptopetly-and has lull purser,
,~n~t lawful authwlty to sell, convey, transfer and mortgage the same, that it shall b? lawful at any time fier ealter for the Association to pexeably arxf rwiefly enter upon,
!+,+'+e, hold mid enjoy sold propdty, mwf every part thereof; that said property is Tree and discharged Iron all (lens, erecumbrancK, and clavris of any kind, Including to¦es and
±ssessments, a:cept the lien hereof, wh,ch K a nice I,en on Bald property, that the Mortgagor vMlt make such further aswrances to perfect the fee simple trek to serf prciper ty
•n rye Association of may reasonably be required; and that the Mortgsga does hereby fully warrant unto the Assotaition the title to sa.d property and oriel Jeferrif same
»y,Iinit the mortgage damn and demands of del persons MdlOnisOlvet.
NOW. THEREFORE, ire condmun of this mortgage n weft that d the Mortgagor shalt well and truly pay unto the Assocwtan, the IrwlebtEilrtrss
ev~deretted by that certarti promissory note, of even date herewith, mode by the Mortgagor and payable to the Assrtclatwn, in the DrrnClpal sum
:,t THIRTY-BIGHT THOUSAND------------------------------------------------~OLLANS
'S 38 , 00~ • 00 1, together vrith intpest as therein toted. payable over a term of 348 momhs, aril sflall
e>ei form, comply with grid atade by exh and every the stipulations. agreements, cortd,tions and covenants contained .sod set forth rn this mortgage and m the promrtwry note
sr~uted hereby, then tins mortgage and the testate hereby created shall tease and be null and void.
TRANSFER OF THE PROPERTY; ASSUMPTION
If all or any part of the Property or an interest therein is sold Or transferred by Mortgagor without Association's prior written consent, excluding (al the
,.reahon of a lien or rrncumbrance subordinate to this Mortgage, (b) the creation of a purchase money security interest for household appliances, (cl a transfer
;~y devise, descent or by opa?ation of law upon the death of a joint tenant or (d) the grant of eny leasehold interest of three years or less not containing en
uptlon to purchase, Association may, at Association's option, declare all the sumf secured by this Mortgage to be immediately due and payable, Association
,hall here waived 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
eyieement in Writing that the credit of such person is satistxtory to Association and that the interest payable on the sums secured by this Mortgage sfiall be
.II such rate of Association shall request. /f Association has waived the option to accelerate provided in this paragraph and if Mortgagor's successor in interest
has executed a written assumption agreement xcepted in writing by Association, Association shall release Mortgagor from all obligations under this Mortgage
and the Note.
tf Association exercises such option to xcelerate, Association shall mail Mortgagor notice of xceteration. Such notice shall provide a period o/ not less than ,
30 days from the date the notice is mailed within which Mortgagor may pay the sums declared due. if Mortgagor fails to pay such sums prior to the expira-
ri~~n of such period, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 hereof.
AND the Mortgagor does ltsrteby covenant and agree
t To pay erg and singular the pnrtc,pal artd ,restate and other wms of money payable by virtue of sad pomissory note and efts mortgage. a either. promptly ore
the days respectively the same severaNy become due
~ ` ~p 2 To pay alt and s,rtgular the taxes. assessments. other governmartul leases. babddiss. oblegatans and encumbsnces of every nature on sad dssa,bed property
p ~ and the related debt aeques+tton each and awry vrlran dw and payable accwdirp to law. before they become debrpuent and. d the same shall not l>,s promptly
~ ~ ~ ~ paid. ilea Assoc,ation may at arty diets. ~diter before or after ddatqu«ICy. pay the same washout wsivi or aHecung the opt,on to lorscbse. or any right
Q o o. hereunder, and every payment so made shat) bear ,nearest from efts date tttartrot at the rate of ,7er annum
o t~ That the Mortgagor well keep all real end f+ersorsal property now or hereafter encumbered by the Iron of this mortgage irtwrsd as may be requued from bane to
~ rve ume DY the Associatan against loss by hrs. vtnndstam end other ha:aids. uwaltlss aril contingertues for such periods and fa rat bss than such amounts as
a a may be regwred by the Assoc,atan end to pay promptly when due ell pem+ums fa such ,assurance Mortgagor agrees to dehvar renewal or replacement
'I o 0 ~e policies of any nature or replacement certificates of mwranq to the Assouat,on. at ksst ten 110) days pr,Or to the exprratwn a arxuvsrsary date of the existing
3 policies The amouMS of enwrance requirtsd by the Associatan shah be m,mmum smounts for which sad ,nwrance shall De written and It shall be incumbent
~ upon the Mort to ma,nta,n such additeonal ,nwrance as may be nscessa to meet and
,p O 9al~ ry comply IuNy worn all co-,nwrance requirements cantmnsd in sad
` [<~r w LL potrctes to the end that sad Mortgagor nnot a co-,nwra thereunder lnwrartce shall bs wr,tten by a company or oompaniss approved a designated by the
Assocaition and elf pO.Ieaes and renewals tltsrsof sftafl be MW by tfta Assowtan All detailed A.sionarms t'!' rtiw Mnregagnr whin >,r. arr•.F.f.n E'S' t?!e
a_
Assocwtwn and all a eements between Mort
c o * f>< gaga and Assoeeateon rslabng to ,nwrance. now exisurtg a hereafter made, shah be m wrung and chef: De a part
0 o q of tMs mortgage sgreemsnt as luNy as though sat forth verbatim Mrsut end shall govern both parties hereto and thee: stxcessors and assegrts No I,en upon any
~ Q ~ N of sa:d pdiGes of ,riwrartce or upon arty refund or return premeum vrlwcA may be payabb on the caricNlstan Or tMmenatan therep(. shah be green to other than
the Assocrsuon. except by proper artdorpmentt atf,xed to such pol,t[y and approved by the Associatan Exh pdrey of mwwncs shah have atfutsd thereto a
Standsrd New York MortgsgN C4us~ without Conuibutan, roabng au loss or bsses under such pobcy payable to fete Associatan as its interest may appear
~ ~ ~ In the event any wm or wms of money become Dallabk [herwrtder. tM Assoua[eon shall haw the option to receive and apply fete same on accoum of the in-
IieDtetiriess hereby stcursd. d to permit the Mortgagor to raca+w and use rt. or airy part thsneof. without therttby wa,vertg a ,mpainny eny squ,ty. ben or right
under and by voters of tMS mortgsgs In event of loss or physical damage to tM mortgaged property. efts Mortgagor Lltag give emrttadeate ratite thereof by mad
to the Associatan aril the Assoces[an may mob proof of loss d the same K riot made promptly by the Mortgagor In event of /aacbwne of tlws mortgage. or
ether transfer of title to flea nartgagad property. M exwtguisftmsnt o/ tM trtdebtadrtass severed hereby, erg right. title end entersst of the Mottgsgor ,n and to
any mwrartce pol,Gtss then to forCa ttftaN pass to tM pwtftasM a grantN. TM Mortgagor funMr agrees to able by the rules and ex,sbng repulatarts of else
Assoeeation. m eortrtet.'tan Meth retNurad irtwrartCe eoveraga of tM property Itereen ettwrrtbered
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4. Paragraph ~ and those tarlticA /oMow an contained on the revMq stile IDI this rrtortpaga and by reference an rrtcorpaated into tM body d tills ntottgaga.
The terms Mortgagtr and Association, MAlelteyer usd m this instrument, shall indtrde else heirs, personal represenutrves, wccestors Or auigns Itlt pse r pities
hereto. WherevN used. else singular number shall ,ndude the pbral and tM pbrsl the singular, and the use of arty gender shalt endude ell genders. _ .
IN WITNESS WHEREOF, these premaas Rave been extttarted on the day and year lint sbaie written.
r,
Signed, sealed and delivered m the presence ol: . ~ t , ~
~ CREATIV$ HONES BY MATH ~~t)
-
~ • _
~ By : ' (sEAu
t ~ _ _ ISEAII
i _
w11e~i -
~ STATE OF FLORIDA couNTY ~ MARTIN a
for instrument ores adcrwrebdged bNore ma this 27 deg of OCtOb@r , t$Q by i .
MI'~H~ELa D. MATHIAS, as Preeideo.t of
CREATIVE HOMES BY i~ATHIAS, a Florida corporation is. ~ '
Novi~r vuetR n~h of rtcz;~A err ~ ~ t
MY CJrA!~tlSSt:','! F' r' . ' 15+34 ~ //n - f
My contnwesion expir fs G1noXl~ ~ ~ ~y ~ ~i': _ r~ -
. • ~ ~ L Noun„ Ptrbfit, store. a FLORIDA ~ .
X342 9®Q' ; :t,:. . , .
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