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THIS MORTGAGE INDENTURE
Ex~cut~d th~t 1? a.,~ o~ Docember . A.o., ~e 8Q bv
KATHLE~N SblITli, an unmarried woman ~12851
p~.~y ol tM first par~ th~.e~n~liN csuW Maiy~porl. to
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION
a cwpasuon ~~is~inp undr tM laws ot tM Umt~d Sutes ol Am~rKS, party ot tM ucaW par~ (haa~alq. calkd tM Auoc~a~ae1,
WITNESSETH, Thst Iw d~s yood a~d v~lusblt cons~dasl~ons, snd to secur~ tA~ p~ym~m ol the aqg~eyat~ wm ol morNy ~srn~d ~n IM p~omuaY note ol eveo Wte
hsrwNlh, Mte~n~11N m~nt~o~ed. toq~ih0~ vrth ~nitrql tApeon and stl otl-s~ fums ol mon~y secur~d I~eby ss ht~tu~a11N p~ovd~d. ~M Ma~yapo. dws q~am, b~g+~n, xq,
s~~en, rwms~. rel~. conwy and tonh~m uoto tM Assoc~a~wn. ~n 1~ iunpN. ihe follorwng desa~bed ~cal ~sua. ol whKA ~h~ Ma~yapo~ is now ~eu~d snd posseued •nd ~~
acwa~ pos~. aiwu ~o ~n~ Cwo~r ot St . Luc i e . sa« o~ Fw.~, i~ny deu~~wd
~~a~~~ Condominium Parcel No. 4243, of SEASCAPS I, a Condominium, according to
tl~e Declaration of Condominium thereof, as recorded in Official Records Book 338,
at Page 1033, and any amendments thereto, of the Public Records of St. Lucie
County, Florida.
SUQJECT TO terms and conditions of above Declaration of Condominium and any amend-
ments thereto, and restrictions, reservations and easements of record.
TOGETHER wi~A sll s~ruc~wes snd ~f11p~WN11lfNf f10N1 ild hHN~il~ pl Siil~ I~nd 7~1(1 ih! (~aWrK itbthld t11Ktt0, s~w togN~e. w~~A an and s~rgu~a~ ~Ae une~nr.~~s.
r.er~d~~sments. c~asements. ~ipuun ryhts and appu~ttnances thereuMO belonq~ng, d ~n any nnse appeita~n~ng, and the rems. ~uues. and pro~~ts ~1~ereol, and atso au if.~ es~are.
~~oh~, ~i~k. inttres~ and all cW~ms and derr~snds wAatsoever. ss well m bw as in eyuny, ol sa~d Mo.[gagor in and to d-e sartro. and evaY Dx~ ~ W~cd ~hereol, and a1w eu yss
and ekc~r~c 1~aWres, -sd~a~ws, heaters, ai~ cw~dit~on~ng equ~pment, mathinery, bo~le~s, rsnges, Neva~ws and motws, ba~Atubs, s~eks, wate~ closets, wa~e~ Ws~ns, p•pes,
faucets. and other Plumbing and Neat~ng lirtures. mantels. rltrgerat~ng plsns snd ice bozes. vwndow ac~ee~s. sc~een doors. veneuan bl~nds. stam sl~uttr~s a~W awmngs. wh~ch
a~e now o~ may her~aiter perum ~o a be used rntA, in a on said pem~ses, even Ihough they t~e delxhed w dela[nabk, are and sAall be deemed to tie t~titwes ern1 ac~esuum
~o ~he f~eehold and a pa.~ ot the rea1~Y. and, ~1 the atiove descnt+ed poperty ~S nOw Or shall A!rlattlr b! used (or COmmercWl pu~poslS. tAM Ih! furmluro 2ntf (u.n~sA~nyi and
an~ r~plxements thereot wh~cA may be . : J by tAe Mat9agor and wh~cA are ~ow or may A~~eatter be located upon i1~e above desc~d,ed pope~ty.
TO HAVE ANO TO HOlO ~he sart~e. ~oge~he. wdh all 1he esta~e, nght, ~itte, mcerest, bomestead, dowe~ and ~gh~ ol dowa, xpa~ate es~ate, posscKS~on. ci.+m~ and
cStmand wl~stsoever. ~n law or ~n eyu~ty, 01 the sa~d Mo~tgagw ~n and to thc saine. and everY part tAereo/, unto tAe sa~d Assocwt~on ~n lee s~mple.
The Matgagor Aer~by covenants w~tA tAe Auoc~at~on tha~ -he Mo~~gago~ n~ndefeas~Wy se~ted w~th tAe absolufe and fee s~mp4 h~k to saul p~ope~ty, and has lull {wwe.,
and lawtui au~Aon~y to xU, corney, uansfer and moitgage tne sxne. ~hat n shall be lawlul at any umc Ae~eafter fa tl~e Assoaatwn ~o pexeaWy and qweUy ente~ uWn,
have, hold and enpy sa~d propaly, and eve~y part tAer~ol, tha~ sad proplrry ~s Ir~e a~d d~uha~gevl I~om atl I~ens, encumtH.nces, and cta~ms o~ any k~nd, ~nclud~ng ~e^es and
assessments, eacept tl~e 1~en hereol, wh~ch n a h~st I~cn on sa~d p~ope~ty. that tAe Mo~tgagoi w~ll make such fu~thd assu~ances to pe~l~c~ ~Ae lee s~r.ipk utle to sad yrupe.ty
~~ ~~e Assoc~ation as may ~easunaWy be r~yuued. and Ihat the Mortga9o. does haeby futly wa~eant untu the Assocwt~o~ ~he titk to wd propn~y and w~l~ delend same
~qe~nst tt~e mortgage cla~rtn a~d demands ot all pe-sons wh ....~.
NOW. THEREFORE, ~he conclnron o~ ~his mo~~gage n sucn ~hat J tAe Mortgago. sha11 we11 arxf e~uly pay umo iF~e Assocatan. ~he ~ndet,~alnen
rv~cfented by tbat cena~n ptomnso~y note. ol even date be~ew~tA, mede try Ihe Mo~igaqor and wrawc to IAe Atsotwl~un, m the pnncryal wm
~+ SSVhNTY THOUSAND---------------------------------------------------~OOLIAFiS
~s ?0 , 000 . OO 1, togNher wnth ~nte~esl as ~he~e~n stated, payable ove~ a teim of 348 mo~~h.. ~,~, ~~~
pe~fo.m, comply nnth and ab.de by each and everY ~he S~~W~a~~ons. agreemcnts, cond~t~ons ancf covenanK con~a~ned a~d set fo~~h m Ih~i mo~tqr9t ancl +n Ihe y~umns~Ny nute
secur~cl hereby, tAen ~Ms mo~ t9age and the estate hereby c~eated shall cease arW be null and w~d.
TRANSFER OF THE PROPERTV; ASSUMPTION
If all or any part ot the Property or an interest tAerain is sOld or transfened by Mortgaqor without Association's p~~o~ written co~sent, eactud~ng ~a) the
creatiun of s lian or encumbrance subordinate to tAis Mortgaye, Ib) the creation of a purchase money security interest for household appliances, (c) a transfe-
c~y devise, dascmt or by operation o1 law upon the death ol a joint tenant or (d) the prant ot any teaseho~d i~terett ot th~ee years or lass not contaming an
outio~ to purchase, Association may, at Association i oOtion, declsre al1 the sums secured by this Mortgage to be immedistely due and payable_ Associatio~
shall have waived such option to accelerate if, p~ior to the sale or transfer, Associatio~ and the person to whom the property is to be sold or transferretl ~each
ayreement in writing that the credit ot such person is satisfxtory to Associatioo and that the interest paysble on the sums secured by thn Morigage shall be
,t sucA rate as Association zhall request. If Assoc~ation has wsived the option to atcelerate provided in thiz paray~aph and ~f Mortgagoi s successor in ~nterest
~~as executed a written assumption agreement accepted in w~iting by Associauon, Auoc~s.ian shall release Mortgago~ from all obl~gauons u~der th~s Mortgage
and the Note.
11 Associat~onexercisessuch opt~on to accele~ate, Association shall mail Mortgago~ not~ce ot accelera[~on. Such not~ce shall prov~de a per~od of not less than
30 days (-om the date tbe ootice is mailed w~thin whlch Mo~[gago- may pay the sums ~eclared due. If Mortgagor faits [o pay such sums prior to the exp~ra
~ion of such penod, Assoc~ation may, withou! furthe- notice or deman.7 on Mortgagor, invoke a~y remedies permit~ed by pa~agraph 15 bereol.
AND the Mo~t~agor doss hsreby covsnu+t snd ~yne
1 To pay alI and s~ngulsr ths prmapal ~nd ~ntsrsst ~nd othsr wms of money payable by nrwe of sa~d pom~ssorY note and tlus mwtpaye. a e~tner. pomptly on
T C~ ~1~e days respecuyely [he ssme sevsraliy bscome due
.~ o m 2 To pay a11 and s~ngular tAS ta^ss. sss~ssmsnts. othsr povsrnmsr.tal larss. I~abbUSS. oblpitwns s~d encumMancss of avery ~aturo on saM descnbsd poperty
L~ ~~ a~d the related debt acqws~t~on ssc~ ~~d svsry whendue snd pay~Ws xcadmp to law. before tAey Decome de4nquent snd. d ths sama shaN ~ot bs promptly
pa~d. the Assouabon may at ~ny t~ms. sdMr befon or shsr del~nqusncy. psy tt+e ssme w~thout wa~v~np or sNxunp the opi~on to Iwetlose. a any r~ght
a~ rn~~ hereunder. and every payment so m~d~ sh~ll be~r mtvest from t1~a date tAS~sot st ihe rate c` 18~ per annum
a Z s ~.y That the Mortgagor w~ll keep all real and personal propsrty now w Aereatts. encumberea py the hen ol th~s rtwrtpage ~nwred ss may De rsqwred from i~me ~u
a Q p~ nme by tF~e Assouauon aga~rKt bss by f~rs. wv~ndstam snd other ~era~ds cawatt~ss s~d conu~Qe~ues lor wch pe~~ods snd la not ~eu thaa wcn amaunts as.
~ N ~ e may be requ~red by the Assoc~stwn and to psy promptly when due all pre.m„ums for wch ~nwrance Mortgapa ay~ees to det~ver renswa~ w rcp~acement
c~ 0-p polK~es of any naWre or replscement cert~ficates of uiwrance to the Assouat~on. at tesst ten 1101 da~rs W~or to the eaqntan or anmve~sary Aate of tAe ex~st~~~g
3~ O pol~ues The amounts of ~nwrance rpqu~red by the Assoc~st~on shatl be m~mmum amounfs ta wh~ch sa~d ~nsurance shall be wntten and A Shi~l bC ~ncumbent ~
+- upon the Mortgagor to ma~ntain such sdd~twn~l ~nsur~nce ~s m~y bs rro[lsSiry t0 melt srd tomply fu~~y w~ih aN co ~nsurar.ce ~equuements contamed ~n sy+d
o'~~ pot~c+es to the end that sa~d Nfortpspor a not a to-msuror thereunder Insurance sha!I be wntten by a company or compan:es apWOVed or des~gnated by the
~~ Assoc~atw~ and a!! pohass snd re~swsls tAersol slull ba held by the Assouatwn All deta~led des~ynatwns by ihe Mort9a9w wnKh sre accepced by fne
? Q 3 q Assouatwn and a~t agreemems bstvwen Mwtyapor ~od Assx~atan rslatrnp to ~nsursnce now ea~st~np or hereaher made. shsu be ~~ wnonq and sha~f be a pa~t
~ ~,~ ol tMS mortgage agreement ss (u1Fy ss thouph set forth vsrD~t~m here~n a~d s~sl1 yover~ botA ps•t~es ~ereto and the~r successws a~xi ass~pns No tren upon any
~~ 0 y oi sa~d pohaes o~ ~nsurance w upon sny refund or retui~ prem~um wh,ch msY be psYabb on tAe cancelianort or term~natan tM~eot. shau pe y~ven to otner than
~ the Assoc~at~on eecept by propsr sndassment aHu~d to wcn pobcy and spproved by the Assouatwn Esch polecy ot mwrance shall hsve af!ued tAereto a
~ ~ Standa~d New York Mortyagee CUuss w~thout Contnbubon. mak~ny sl~ bss a bsses undsr wch pobcy paysWe to the AssouaUOn as rts mterest mav appea*
-- ~ In che event any sum or sums ot money become paY~We tM~eunder. tAe Assouatan s1~a11 have ihe opt~on to rece~ve ard apply ~he same on accoum ot the m
~ n' debtedness he~eby secured. p to perm~t tM Mortpsgor to rsce~ve u+d use ~t. a a~:y psrt t-~ereot w~ttwut tnereby wa.v~ny or ~mpa~nny any eqwty. uen er r~ght
under ard by vntue of th:s mwtgage In svent o! bu w phys~c~~ d~mspa to tMe mortpaped poperty. the M~rtgayor shali p~ve ~mmed~ate nauce the:eot py ma~~
[o tne Iassouatan and the Assou~twn may make proof of loss ~1 t~e same ~s not msde p~omptly by t1u Mortqa9or In event o} toreclowre of tMS mo+tgage or
othe~ transie~ of utle to the mortyapsd propsrty. m~aurpwMm~nt o~ the ~ndebtedneu secured tureby au r~gRt. utle and ~nterest of the Mortgayor m and to
any mw~a~ce pot~c~es the~ ~n lores sAafl pau to tM purchaset p p~antee The Mortpaqw turtAer ag~ees ro ~b~de by tfw rules a~+d ausuny reguut~ons o~ 2ne
Assoc~aUOn. ~n connetta~ anth rsquusd mwrance covsrape of tM property hsrs~n encumbered
4 Parsg~sph 4 snd thoss wnrch foNow an cont~~n~d on tM nwrss sde ol tMS mortp~qe and by nfs~sncs +.e ~nco~pwated ~nto [ns Oody o! ttrs mortpape
ihe terms Mwtga3or and Assoaatan, wAeneve~ used m th~s mstrument, st~all .nclude tAe he~n, per nal r~prescntaures, wcceuors or ass~gns ot tne respeu~re par~~es
nareto. YVAereva used. the s~ngulsr number shall ~nclude the plural and tlx plurat the s+ngular, and u ot ~ny gender shail ~~clude all genders
IN W, NESS WMEREOF, tAese prem~ses Aave been eaau~ed on the day and year f~rst above itt 7
S aled stW dNrverM ~ pr f: _ r' .eil~r~
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BLORIDA ST. LUCIE =""••-
STATE Of COUNTV Of „ ~ -'
Tne tore9wng ~nstruma+t wx scknowledged betwe me ~ti~s 17 dsy ot Deeember ,,9~0~ ~~,,;L ~~~ ~
. ,~,:.. • ;'.. ,'+~~••~`
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KATHLEEN SMITH, ~an uumarried woraan ~~: :~~. s~; =1 ~
~ ~ I , ~_~ ~o~.~.o.s~.~
~ / ~~ LENOER
N4T~tY Pi/•~ r•- -n- -:, ~1..~~ C n' s
My comrn~ssan e:paet -~ ` _ . ~ . , -
~O;:~f~ ., , , . ' . < , ~34 ~ ~~^~~ L~ G .-
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