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' TNIS MORTGAGE INDENTURE : • r
E .«„~~+ ~-„~ 29 ,»Y ,~~ December . A.~.. ~980 . ~w . t 1.. :.~ . .. 512~~J
DAVID T. THOMAS and JUDITH L. THOMAS, husband and wife,
u.~~~y ~t ~ne hu~ ~~~ IAr~r~aal~e~ ts~latl Malyayo~~, to
. CHASE FFDERAL SAVINGS AND LOAN ASSOCIATION
a..~rW~Jtwn rut~~ny undei ~he le,~a ul the Un~~eal S~a~e~ ol Amr~ae. pa~~y of ~he secunJ ya~~ the~e~naHer u1kA Ihe Asfocwtanl.
WIl NESSE TN, TAat lo~ d~„r~s yuud and w1us41e con~~drrat~uni, and ro xcu~e ~he payrt~nl o~ Ihe agy~egat! tum ol nwnly nerned ~n ~h! V~umi~yory nu~e ol evCR dste
hr~rw~t~, he~e~ryl~~~ rnrnoun~d, loge!-~e~ w~~~ mte~et~ fhr~~m end eil uthe~ sums ol mynty S[twlU Aerlby as herem~flN Prw~dtcf. the!-foeeyagor ~s gran~, Wryem. ull,
.~I~rn, ~~m~x. +rizau, t unvey JMl [pf1~UT U1110 IAQ AtSOC1d~~0O, V1 IK s~myk, ~be ~ouuv~nng dcx~~beu ~es1 es~ate, o~ whk~ ihe Mu~~gsqw ~ti now it~letl antl yvatielsed ~nt1 ~n .
a~ual yusseu~ou, s~~~.~tr ~n Ihe Cuunty ol St . Lueie Ste~r ol f1t~~u1s. leyally descnl~taf
es-„~~„„, Condominium Parcel No. ?452, of CATAMARAN II, a Condominium, according to
~t~e Declaration of Condominium thereof, as recorded in Official Records Book 334,
~~t Page 2451, and any amendments thereto, of the Public Records of St. Lucie
C~unty, Florida.
SUBJECT TO terms and conditions of above Declaration of Condominium and any amend-
ments thereto, and restrictions, reservations and easements of record.
TOGETHE~t h~ih eU si~uc~wes anA ~rrµ~wvemen~s now arxl he~eal~e~ on sa~d -arnt and Me ~uw~es a~tacheA ~haeto, also toge~Ae. w~~h au and s~~+9u1a~ 1he ~eneme~»s.
nr:rdrtmr~rnts, rasrmrnti. ~~µ~rwn nglNS ~rwt a~y~urlenanCeS Ihe~euMu belongug, o~ ~n any N~K appl~tam~rg, and tht rents, ntues. aruf p.of~ts ~batot, erW rlso all Ihr titetr.
~~;'et, mlr. ~nteirst .ind ah c~.,~~os and ~lrmands wna~sueva, ati wen ~n law as ~o eyw~y, of ~~V Mortgayo~ m and lo IAt Sdrt~l. aMt tvNy par~ end pa~ctl IAdt01, dnc! alio aii y;ii
~~.f rtr~inc t~.~u~rs. r,Hf~.uu~z. hra~e~s. e~~ co~d~~~umny e+lwyrnent, mxh~nery. pude~s. ~anget. el~valors antl matu:s. bathtutx. i~nks, wdte~ closets. water Ln~ns. p~pes.
~:: r!s. ~n~l ,~thr, pi~~~nlun4 ~nil hraln,y I~.t~~~rf. in.~nleli. ~@h~yeidt~ry pi.u~l dnd ~C! bO~H. W~~t1UW ,~~~ens. x~een doo~i. vt~rLan Gl~nift. ito.m SAutte.s arxf awnm~, nh~ch
,• nu.~ o~ may ~.,•~rette. ~.r~ W~n ~u ,u t~r uswf .rrth ~n o~ un saat p~rm~srs, even. thuuyh ~hey 1~ drtechwi m Ue1mh,Kdt. err enaf y~all tiP ikerr~pc! to t,e f.x~u~r+.nd.Kirtiti.uns
ti~ tiir h~hUld .u~d d~i.~el ut Ihr ~r~lty, and. it U~r etnwP tlCtcnt~ed Propp~ty K nOW O~ SAa1111e~Pdlit~ b! uSN110r ~WrlmtiC~d~ pu~pOSlS. Ihpb IAC IUIOIIUIF dM1 ~UIOy1Uny~.~~W
~n~ rep~,xrmrntf tAr~e~~f wA~:h ~n~y t~r uwnrd t,y Ibe ti~u~~y,~yo~ a~x1 wh~ch o~e now or may he~~attl~ ~ IoCate~l uyuo Ine ai~ore descr.t'Ml prcHyerty .
TO NAV E ANl? TO NOl D~hr sen.r. ~.+yrm~r w~th all the estate. .~y~t, Ltle. interesl, humeste.Kf, Uo.x~ and ~~ght ol uowr~. sryma~e euau. po»rsv„n, ~i,~n, e~u!
i~ ~~~.~~~t.•.hei~,K.r~ ~n i.~.ti ~~~ ~~~ eyw~y. ut ~nr sa~u ti~u~~y,~yu~ ~n erxl tu the same. and everY P~t ~-~~tol, unto tAe said Assocat~u~ ~n tee S~mple
Inv 4!..,~y,.~.~. nr~r~~~• ~ovr~~~n~s ~n~~n ~nr A~wc~a~~en that U~e 11/u~ty.fyor ~s mtleflal~Wy ft~ltr~ w~it~ Ih! abSOlul! aM11K S~mple t~tlB tu sa~d pruye~ty. and Aes lutl puwp~.
~{JNIUi dU1/1,u~S~' !N tirH, ~un.ry. i~.,nsir~ and mo~~y.pe tl~r s.miE iha~ ~I SA,iO f~ lavalul ai any t~mt hC~tallCr fa lAe Ass[x~et~un to ptaceat,(y ~rwf ywelly en1e~ uW~.
r~.e.r, 1~,4~1 ,.n~l rn~~~y s.ud ~„upr~!y erMi r.r~y yei~ the~~it Ihet s,ud pi~.q.r.ty ~s I~er arxf tl~u~e~qeef t~um all hens, encumLr~nces. anit cla~ms ot eny k~nA. ~nctud~nq ~..•es.+nd
e,•-•.t~~?t~Ni. rur~il ltir ::r~~ ~~e~r.it, ~~I:~~ h ~S ,~ tnst I~en un ,a~d p~~~~ty that Uir titu~~yayur w~U meAe S~cA lu~thr~ .fSSwenCts 10 yP~~Kt Ihr (CC Lnµi1C t~tlr SO Se~U prui~e~~y
~~~~r Ats~x „~~,~•. „s rney -eeu.natdy I,r ~r.~~,~rd. end tn.~f rA~ hSu~~g,r.~c.~ Jurs he~eLy /uUy w~:~snT unw the Assua~a~~un che ~~~te m seaf pro~~y e~a w~n delrnd ti.,mt
. ~,-~11 ihe ~+~w G.~e.1r i le+~nS .~~~d ~trtnendS ~~I ,~I{ (H'11UfIS H'IIJIpfIICYCI.
!4C1W. ~HE ftEi URE the c~ir~~ht„~r~ n} th~t mi,rtyagr n wch tAdl A the hlarly,y~~ tAall wpll ,~ncf t.uly V,~y unto the Asttx~ei~on, Ih! ~n:lebtp!fnriS
.~rrn:r~f t~~ ~h:t ~a~~+.,~~~ p,~~rn~stio~y, n:~te. 01 even daie Ae~e~n~tA, mecfe by t~e Mo~~4,fyor aod payat,te ~o ~Ae Au~x~eLUn, .n fhe y~~napel wm
:25wQ00Y00IVE THOUSAND----------------------------- - -----------------oo~iaHs
- 1 . 1, tuyethe~ ~;Rh ~ntt~rst es the~e~n st~ted, p;:yable ovei a 1¢~m ut 348 nHmMs, end Shatl
.< ~.~n. c~,niiri~ .v+t!. ..~~ ..,1" fr !ry r.x'h .~n.f r.P•y 1hr Sl~yuteNUni. .+:i~rHnrnTS cuntl~huni and cavenanti tun:amed end set Im ~h ,~ th~s mu~tye.~r aud m tAe p~urn~isu~~ nult
...,r,f r:C~ri,y tr;er~ tt:a ~.,:., ~~.,.x .,n,f m~• ~Sr.,~r hr:rt~y crretr~! sh.~!! ira~ aM1 (~ null dn~! void. .
TqANSFER OF TNE PROPERTV; ASSUMPTION
r~ ell ~r n~,y p.~rt ~f tr~~~ Prupr~ty u~ en ~nterrst thnrrui ~s sold o~ danslr~rrd by Mortya90r w~tnout Associat~on's pr~or w,rnten consent, eadud~ng ia) the
~:-anon u} a••~••, or rn.wni>~nncr suburu~nate to th~s Alurty~ge, (b) ~1:e creauon of a purchase money secuntv ~n:e~est fu~ household apyl~ances, (c) a tra:isier
~.~1r~~sc~. .f.~s..•nt o, by oprreLOn ot la~v upon the drath ot a ~o~rit tendnt Or (c1) tne grent ot any Ieasehoid ~nterest o~ thrae years or less not con[a~mng an
~~:~~i~~~~ tu vu~..~~n,.r, Assu~~atw~~ may_ at Ass•~c~atw~i s optwn, ~:euare all the sums secu~ed by th~s hlortgege to Ce ~mnwsd~ately due and yayable. Assoc~a~ion
, 1t +,a~,• «,,..~.~~! .,:, h u+~t~vn tu ~c:rlrretr ~f, j,nor ro thu sale or tronifer. Assouatlon and the person to whom the P~ope~tY ~s to be sottl or transfe~red reach
.~~rt•m,•n~ ~.~ ,•.rn~~~y thei t~~r ~ra•d~t uf suc~~ pcrSUn n satislactory [o Aisoc+atwn and that the inte~est Gayahte on the sums secu~ed by this Me!tgage shall be
.. ,~.~c1~ r~te ,.c .>;,;>: ~et~un ;nnfl ,f•,~~,EU. N Asso.~ai~un hes wawrd U~e opuon to acceleraie providrd m this paragrapl~ and i1 Mortgagor's succeisor in ~nterest
~.~+ r..•..,t.~ i,, .~i~~t.^: .issu~n~~oun ~_y~renK•„~ accepted ~n wnUng by Associat~on, Assoc~a.~on shall release Morigagor trom all ob~~gat~ons unver this Mortgage
~.~ tn~• hur,•. ~
~f ns~~x ~ai,~~~~.•..~rc~s,•a such opt~un to e~ceter..tr, Assou~tion sha!1 rnaJ Mungagor not~ce ot accelerat~on. Such not~ce shall p~ov~de a period of not less than
~~+ ~t,,~. fr,~rr th~• <1au- tn.~ ~~otuc~ .s .n.~~~wf .ti~t!un wh~c~~ h7orty.~gur may pay the sums tleclared due. It Mortgaaor tails to pay such sums prior to the eapira
' •~ of s;a.-h ;,.•~„~~f, Assn~i~t~un n~a~, .v~th~u: turther not~ce or dema~id on I~tortgagor, invoke an~• rert~d~es permitted by paragraph 15 hereoi.
a~D t!•e Morty~yor aoes hereDy coren.lnt snd apree .
~~~ t~a; .~ 7 and s~ngu~a~ ~ne D~~M~pa~ and ~ntlreSt end Othpr sum5 Of mOnpY p~Yible bY v~rtu! 01 sa~d p~om~ssory note dnd tM5 mortg~gE or erther p~omD«Y ~
• Kr 7ay5 ~es~~eit~velY the same severslly patpme due
T^ ae~ a+ a~] s'ny„iar tne ~a.es assessments othsr pov~rnmenta~ +swes ~~sbd~i~ss ob~~pat~ons and encumbancrs of eve~y na~~re on s~~d descr~beO p~oper~y
.r~ ~!nr re:eced debt ac~ws~UOn each snd svsry whan Oue and Dayabie iccordmy to law. belwe tAeY ~~ome ae~~nquent and d the same snalt not bs promptly
„s~a t~:e Asso:~ac~o~~ mav at any [~me erther pefore o~ atter de~~nquency pay tbe same wrthout wa~v:ng o~ aHect,ng tAe opuon to lo~sc~ose or anY ngM
~.~-~r;:~ aer anJ e.ery payment so made snau Dsar ~nterest from ihe tlate thsreof at tAe ~ate o1 eiylrtern 4~er cent ttg"tii pe~ ann~m
"^er :` e ~1u~!gayo~ w~ll ACep d~~ rB21 and plrSOnsl prp~prt~ nOW Ot herlat(er QnCUfnbErld py [b! 6Bn OI IA~S mOrl9dy! ~nsured as may be requueq Irom t~:ne to
-•r c~y •r~r Assrn-~ar on aya•nse +oss Oy ~~+e w~ndsto~m. anO otnei A~rards ususic~es and conungenaes tor svch perrods and ta rat +ess t!~an wcn amoums as
~• a. u.~ ~ru,:.re~y c,y trte Assoc:at.:~r: a~d to pay promp:iy when due all p~em~ums to~ such msura~ce Mortgagor aprees to de6ve~ renewa~ or reWacement
:~~i• ~.ea u! any ndt~.re Jr rBpLl:eme~t cerc~hcatss of msurance ro tne Asso:.~aiw~ ai ~easi ~en ~ 10~ days v'~or to tne e,p~ratwn or an~~versuy da[e ot the ea~sung
t~ es t ne aRw.~nts o~ msura~ce ~eQu~r~ b~ Ihe Assouat~on shaU Oe m~n~mum ameunts fa wh~cA sa~d mwrance shall pe wntten srxl rt shsll be mcumbent
~~;~~-r hlprlya~0• to maanta~n such aOU~LO~s~ mswance is may ae necessary to meet and comply tL1ty w,td a!1 co-~nsw2nte tsawremenli tontLnod ~n sa~d
•':.~rs W t~e e~~d cnac sa~C Mortpapor ,s ~+ot a co ~nsu~or the~eurwer InsuynCe Sha~l pe wntten by a company or tompirnes ipWOVed a dey0natsd py the
A»~~~~at un a~~d a~~ pol~c~es and re~ewals fneraol shali be M10 bY ~~ Assoc~atwn All ~tadeA das~pr.atwns by tRe Mo~lQayp wh,eb a~e accepted by the
~~tiv_ a: u~~ and a4 ag+eemeMS DeMlen MortpspW snA ASSOt~atWn rsiiUnQ to ~nwrance now ei~st~ny m Aerea(ter made. sAa~l be ~n wr~Uny ~nd Slull b! i pirt
~~~ r!~.s n~~~tgaye ayreement as fuuy as t~ough set torth verbaum hera~n and s~a11 povem bpih part~es hereto snd tAe~r succsssws an0 ass~flns No I~sn upon any
~~~ »~o t,u~~~~e~ uf ~nguratice os upon ~ny re~und or re[wn prem~im Wh~th m~Y be p~Y~pl! pn ths Cancelt~AO~ or terminat~on [heteof. ShiU pe grven to other lhan
~ne As~oc~at,on e^cept by poper endor~rnent atfiaW fo wch poiKy ~nd ~pproved by ttx Assouat~on Esch pWKy of mwrance shstl nave aHusd [heroto a
SrarrAarQ New ~v~k Morty7Qle GIUSA w~thnut COntr~bu[~on, m~k~np ~{I IOfS O~ bfflt undtr SucA pOl~ty p~y~bte t0 tIM ASSOt~~tron i5 rtf ~ntfrlSl miy ippeir
^~~~e event any sum or sums of mo~+ey bscome psqble tAereurW~r the Assoc~auon shan nare ti~e op~an to rece~w and spply the ssme c.n accourit oi [he ~n-
~ir4teaness nere~v secured or to permrt tAe MatQapor to ~xs,vs snd use ~t a sny psrt thereot w~thout theraby w~~nnp or ~mp~mrp iny eqwty. I~en or r~gM
~.~ ar~ and by v~rtue of th~s ~no~tgage In ~vent o1 Ipu pr phy~s~c~l damape to tAe moitp~yed p~opertY tne Mo~tqapor sha11 y~vu ~mmed/ate not~ce thersof by ma~l
!~, 2ne Aswuai~on and the Assoc~auon m~y m~ke proof of Ioss d the same es oot made pomplly py the Mortpapor In e+ent o11orK1owre ot th~s mo:tQsye a
~it~~er trdn~flr 01 Utle [O th! mOrtQa~d prppprty ~n ~7tpfl~UtfhqllM 01 th! rtb~bt~dMft SlCWld t~lrRby sn n9ht. t~tb s~d mtsnst ol the Mortps~or ~n ind IO
enti ~nsurance pot~ues then ~n (ace shstf p~sS to lhs purcMs~r p~r~~t~e 7he MortpaQa lurthe~ sp+ees to adde by tAS ~u1ss snd ~nsUnq .e~latqns ol tne
~zso:.~at~on ~n connettron w~M ~pu~rW ~nsws~ce cov~q~e o1 tl,~ prop~rty Mrmn sncumbered
Parag~aph a snd thoss wn~cn fdbw ars conuuwd on th~ ~w~rs~ s~d~ p1 ttus matp~p~ ~nd by r~(~r~nc~ ar~ mcorpor~tsd ~n~o ~M body ol ~1r: mony~Q~
iAe ~erms M~r~gago. and Assoc~a~.o~, wfienever ufed m th~s ~nsfrument, iAal! rMlyO! tA! /1!~lf. pH3pn~l repres~Ma~nres, wcceuors w nsgns of tl~e ~efp~ct~vt ps~~.es
~erefo. YYhe~ere~ used. the s~ng:ilar number shyl ~r.clude tAe plural ~nd tAe p~ursl Ihe s~nyulsr. snd tAe use o1 ~nY gerW~r yASli ~ncl~ yl g~ndert. -
:N WITNESS WHEfiECF, tn~se premnes have becn e^ecu~ed on ~Ac ifay and yes. hnt ~bove wru[en. ~
$g^ed. SlallA dnA dN~vtrnl ~n IAt prefljf4t OI
_ .-, ~ ~~--~/~ ,
_:~
; _ _ __ VID- T Oki - ~sEAu
~ -7^J, !~~ ~ _ _ I
_~_ '~~l.l_.J~_ ~.~ S~._~L~ ~ 7 - ~ ~ ~!~~-G2J ISEALI
~ ' ~~~ ; -~ / DITH L. THOMAS
-- ~y`'~'~1~ ~ ISEAU
fSEAIt
STATE OF ~a~ ____ ~COUNTV OF ST. LUCIE
Tn~ tor~~rg ~~s~wmcm was xrnowiedged beto.s me ~~~s 29 day oi December , t98Q py
DAVID E. THOMAS and JUDITN L.
Mr comm~u~nn e~p~ra - - - -- - - ---- .__~
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THObiAS, #~usband and wif
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