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~ TH1S MORTGAGE.~NbENTU,~tE5s~s9-2 ~ /
. ~ 512~5'7 ~
E.ecuuti ~hn j ~1 ~Y ~~ December . A.u.. ~980 .~
JOHN A. BADTR and BARBARA D. BADSR, husband und wife
p.,~ W ol ~be his~ pa~~ (he~e~nahe~ u11ed A/o~~gayo~l. ~o
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION
a: o~pwal~o~ ~inung urnk~ tAe Nr~s ol ihe Un~~ed S~a~eti u~ Ame~~ca, ~~y ot the uc~nd p.Nt (hr~e~ns~~c, ca:'M tAe AsWCU~ronl,
WITNESSETH, lha~ la drve~t yuaf snn vetwble cun~K7e~at~uns, end to ucu~e the uay~ne~u ol thr aqy~tqate wm ol moneY nemcd m ~he y~um~auiy nu~r o~ r.rn ~tatr
~e~ew~th, nere~na~ct~ mem~oned, IoyNAer w~~h mte~eti~ the~rw~ a~Nf aU othe~ sums of muney ucwed ~e+eby at he~e~na~~e~ V~ov~dtcf, tbe Mortyayo~ dols g~~M_ W~yn~n, u U.
ai~en, r~m~se, r~kase, conwy sncf conhrm un-o Ihe Atsocahoo, ~n lee sanpie, iM touuw~nq ~ur~bect ~ea1 eti~ate, o! wh~ch the Mortqago~ ~t now it~tld anu µoitei~rd arxl ~~
ec~~al posseas~on, s~wats m tAe Cou~1Y ot ~7 4. Lue ie State o~ F Iw~Aa. tegaUY dru ~ d,r.f
~5~~~~~ Condominium Parcel No. 4273, of STASCAP~ I, a Condominium, according to
it~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.
SUBJBCT TO terms and conditions of above Declaration of Condominium and any amend-
ments thereto, and reservations, restrictions and easements of record.
TOGETHER w~th all suuc~u~es anA ~mpruvevnentti now and Ae~ealte~ oe sa~d la~d an.1 ~ne ~utwes auachnf ~Areto, also togNAe~ w~~h au anA s~n9ule~ Ihe tenemrnt~.
nerrA~tamints, easementt. ~~pa~~an ngAtt arnl a{Wu~lenancK ~hB~tunto bllonq~ng, O~ m any n~se;~pe~ta~mrg, and ~t+e ~ents, ~ssues, and p~ohts tAaeo~. ancf a~to au ~hP es~a~r
~~,;ni, ut1e. m~eres~ ana alt clo~ms end dema~ds wna:sueve~. as we~l ~n law as ~n eyu~~y, ol ~~d Atu~t9ayo~ ~n arxf to the sJme~. and evny pa.l aocf pa~cel Ihe~lol, anA alsu eu y.~~
+~~•~ e~rcv~c h~w~es.~~ad~a~o~s, ~eacen, e~. cond~~~un~ng eqw{wnent, mxh~nery, twJe~s. ~arx)es, elPVrloii and motors, twlhtuln, s~nks, wata doseli, watt~ ~~eur.s. p~prt.
'e~..cets. and o~At~ plumb~ny and Aeat~nq 1~y W~rS. rnantCli. ~elr~yer~bny plans aotl ~ct t~~lS. winJuih x~ltnf. SaKn tkwrl. v!n[t~an blmdi. itoim ihulte~i an.} ewn~ru~s. ~n~~~~ ~~
+~ r nuw o~ may Ae~lditd ~wr le~n tu u~ lK use+! with, ~n o+ un u~A p+e~n~sei. even thuuyh tAeY lie iktac~evt o~ Jrtecheble. sre and Sb~ll I~t detm¢~i tu l~p fi+tu~ei ~nJ ei irss~,.+~s
~o the herhold end a W~t ot thr ~eaUy. and. ~1 tAe J~IUVP I~PSCI~~I(l) VIJ(]fll~l ~s now o~ shal~ At~raltH be uucf lo~ ~umme~ua~ pu~~wees. tlxn the iwmw~e arKt lu+n~s~~~n.~s .u~d
,;~~ replac~meMS tAt~CU1 wfuch may t~r u.tinrd i.y thr Mur~y,yu~ erxf wh~d~ J~C nOW O~ may he~ra~~r~ t~r IixatMf u{wn thr al.ove [ku~~be+~ V~~IK' W
TO HAVE :.ND TO NOID ~~~r. s.~me. t~yetne~ wnh an the es~~ie. ~~y~~, nur. ~ntr~eei, numrs~r.~t, du.tie~ and ryM o~ dovre~, uW~ateeste~e, pextru~un, ~ia~n, e~~d
~r~nend whatscevrr, ~n le~ o~ ~n rywty, nf fYr Sert) hlu~tyeyo~ ~n and to tAe sa.mt. ~~d ewr.Y p~~t Ihi~r01. unsu tht sa~d Assoaat~on ~~ f~e i.mple
The Mo~tg,yu~ herN~v cu~rn,uns ~n~~h ehe Asau.~at~:~n ~hat ~ne lWu~ ~y.ur~~ ~s mtfrfeoubly Se~tM/ wrth ih¢ ebwiu~t drnf tK S~rnp~e ~~~~t to sa~d p~ope~ty, and has tu~~ V~~nr~
,n.~ ~.,wfu~ eu~hun~y to srli, com~eY. t~,~~~ste~ ..nd muny,.qe thr same. thet ~~ shall br ~awlul a~ ~ny ame nr~ealie• for ~he Assoaa~~on wpe.xeably end ywruy enie~ upun
^.~~.r. ~o1J ~rnl en~oy Sa~d V~c~~ty. a~af rvrry pe~t tAr~rof ~na~ se~d µ~.~r~ e~ ~t I~ee end d~iche~yrd I~um eU I~eni. encumb~oniK. end cla.+ni Ot .+ny km:f, mcluA~ny t.nre .,nd
.,,i~•ssmems. r,ceP~ the I~en hrrrol, whnb n e L~s~ ~an un s,,u~ p~ut~~ty. ti~at rt~r Ntur~ya~w w~u me:.r wch furine~ assu.ences to t~~t~c~ the 1~r s~mple ~~~~e fo s.~~a p~~,tx.~ ty
~ ~ne Asscx~anuo as ma1' ~e..s~n~ldy t~r .r,~u,~eu end thai tbr 1'~~~tyeyur duCS hr~Cby !ully .vnn~m un~o rht Aswc~at~un the htir to u~d p~upr~tt end r.~u r~trrn! ,.~~nr
,.~~n~t tAe mur~yeye cl~~ms and Armands ~it ..11 {~ersons +nhu~nsC~vBr.
NOW. THEREFORE, tbe cund~~~un u1 th~~ m~~~~y.~ge ~s suc~ fha~ ~t ~nr ~du~lg..yu~ st~a1~ ~ne~~ eM7 t~uly pay umo ~he Assui.~anun, ~Ge ~ndebTr~f~~r:e
_.~~fr~~M by that ce~ra~n p~om~ssu~y notr. ol even darr he~ew~th_ m,xfe by ~he ~du•ty~yo~ and payabi~ fo the Au~x~a~iun, ~n the p~~~,uy.~' swn
• SEVTsNTY THOUSAND, EIGHT HUNDRSD--------------------------------------o~<<a«s
s?0 , 800 . 00 ~. ~~~~~,e, w.~h ~nte~est es ~he~em statrd, paynb~e uve~ ., ~r,m ~~, 348 mi~nthi, ea~~1 s'~a~i
.ti,'. ~~m. complV~vy~[R and ab,de by raih end eLery ihe st~puiei~uns. .+~~re+~~ents. cnn:f~nonS a~Nf curenanil u~ma ~ed e~A SEt It:rt~ in IA~S murty,yr .v~A ~n ~Ae t~'~~R~~ss~,•y~ n~.tr
tr~. ~,-r:f hereby, then ~h~s moriya,ye .,na ttw est.,~r he~eby create.f shett ieair entf t~e null ~nd vo+d.
TRANSFER OF THE PFOPERTY. ASSUMP110N
I~ a~l o~ any part o1 the Property o~ an ~ntrrest therem ~s sold or transtenecl by Murtgaqo~ .vithout Assoc~atwri s prwr wrrtien consem, e~dud~ng lal Itrr
~rei~on ot a I~en or emumbrance w[.o~d~nate to th~s hlo~tgage, (b) the crrat~on ot a purchase money secur~ty ~nterest tor houuhold avpl~ances, fcl a hansfrr
dev~se, descent or by o{w~ation ot law upon tt~ death ot a~mnt tenant or (d) the gra~t ot any IeawholJ ~nterest of three years or less ~ot coRta~nuiy an
I~~,c~un LO VurChase, AisOC.at~On mav, at Assx~at~o~: s opt~on, declare all the wms secureU by th~s Mm[gage to be ~mmea~ntety ~ue and payabte_ Assoc~aUOn
,n,~;t have wa~ved such ophon to accelerate A, pnor to the sale or transter. Assoc~a~~on a~d the person to whom the Prope~ty n to t~e io~A or transferred ~each
+~rr~mer.t ~n ~tinUng that thr cred~t of sucn person ~s set~stactory to Assoc~at~on and tnat thQ mte~est paya~te on the sums secured by fnis Mortgagr shatl be
~~ s..cA rate as Assoc~aUOn ShaH reyuesl_ (t 4sso~iat~on has ~vaived the opt~on to accelerate prov~decf ~n this Daragraph and ~1 Morigagor's successor ~n ~nte~est
~.e~ raecuted a wntten assumD~~on ag~eement accrpted ~n w~ihng by AssOt~at~on, Assoue.~on shdll release Mortyagor trom all obt~qauons under this Mo~tga9e
,..~~ ine Note.
tf Assoc~aUOn e~erc~ses such opt~on to acceietatv, Assoc~atron shaU ~i~a~l Mortgago~ ~otice o1 acceleratwn. Such no2ice shall prov~de a penod of ~ot Iess tnan
tU da~s from the date the notice n mait~d wrthm wh~ch Mortqagor may pay the tums dec~ared due. If Mortgagot taitt to pay such sums pnOr to the erp~ra
.~~~ of such per~oA, Associa~~on maY. wrtho::t furt+ier nOilte Or demand on Rlortgagor, mvoke any remed~es perm~tted by paragraph 15 hereot.
ANO tne Mortgagor does hereby covena~t a~d spree
t To pey aU a~+d s~ngular tne R~~nupa~ s~d ~nts~est srW o2~er sums ol money payable by v,rtue of sa~d p~om~sso+v ~~e a~d tn~s mo~tgage or ertner prOmpt~y o~
~ne days ~especuvelY tne same severa~~V acome due
2 To pay al: and S~~gu~Ar t~e ta~eS asssssmsnts. othe~ poremmems~ ~e~~es <<aD~i~t~es obt+~at~ons a~d encum~rances o~ every nature on sa~d descnbed p~ope~~y
and ~h@ reidtEd dlbt BcQU~S~i~O/1 l2Ch ~fld Ovl~y when d~! ~~1d DaYaae a[COrd~n9 !o iiw. DQtor! tAgY DpCOm! d8!~~Wulnt ind. ~f th! S2mQ shDll ~lpt bE p~ompt~y
pa~d the ASSOUdhon may at any bme prther pe(Ore O~ 8ftlr Qai~naulncY pay the same w~t+:out wa~Y.ng or af}lCUny Lhe Opi~on t0 (orB[!Oie o~ 0ny nght
T~ hereunAer and every Oayment so made sna~l be5r mrorest Oom t~! dil! ther~of it th! r~t! of e~yhteen {~< <eni t 18 ~ I~e: a*enum
'~ y -` 3 Tnat [he Mortgago~ wd~ keap a~~ ~ea~-snd persons~ p~opsriy now a nereaf[e~ e~cumbered Dy cne ~~en o~ th~s mortqage ~nwred as may De roQu~~ed from t~me ro
~ _ n~~e b~ tne Assouanon aga~nst toss br ~+~e wm~s~orm anC ofne~ nsia~AS caswit:es a~d co~bngenaes /oi suc~ peuods and for not less tAan such amounts as
i ' - '~ may Ue fepo~ied br the 4ssoust~on and t0 paY D«mp;iy wABn du! ali Dremwms for Su[h mSUran[e Mortgdgor a~~elS l0 dEi~ver renEwi~ Or repidcement
! i ; ~ ~e~~~~es o} any ~0ture Ot reD~~~emEnt cl~t~f,catss o1 ~nsura:~ce !o the Assoc~at~on ac teast ten 1101 dsys p~~or to tAe e•p~rauon w ann,versary date of tne e^~st~ng
f ry W;~ues ~ he amoun[5 0~ msurance rsqu~reA by Me Assoua~.on sha~~ be m~mmum amouMS fOe w~~th ss~d ~nSU~~nt! sAalf be wntten irM rt ShaU p! mcumbent
I ` ~'~ ~pon the Mortgago' to mainta~n suth sOd+bonst ~nSU~anCC ~S m~y pp n!tlSSity to m!!t 7~ compiy fuily wRh ~II co-~nSUr~nce rpuuements cOnta~ned m sa~d
` po~~; ~es to ~he e~a enae sa~d Mortpapor ~s not a co ~nsurw ~here~~We~ ~nsurance snsfi ~e wntten by a company a compan~es spWOVed a das~qnsted by the
~ Assouat~on and a~t pol~nes snd rsnewals tnereol sn~1t be M~d ~y the Assouatan Au dets~~ed des~qnatwns Ay tne Mortpaqa wn~ch are accepted Dy the
! -' ~~ Asw~~anon a~o au ag{eemsnts between MortpsQor s~0 Assouatwn rslauny to ~nsurance now ea~st:ny a hereahu msde. sbat bs ~n wnunp and shau pe a pan
-'' ot ch~s mor~gage ag~eement as tuuy as thouyh set forth verbsum ners~n a~d sna~~ povern both paues hereto srW tne~r successors sod ass~pns No I~en upws ar.~
k _~ ~ o} sa~d W~~~~es o! insurante W upw~ sny relunC o~ return promwm wh~CA may be psysWe o~ lAe tinte~lat~on or le~mmat~on Iheteol snau be ~~ven to otner tnan
~ t~e Assousuon e~cept Dy Wope~ sntlwsemeM aHusd to such pol~cy and 3pproved by tAe Assoaalron Esch po1Ky o~ msursnce sha~i have aHued there~o a
~ S t Sia~da~d New Vak Mortpsgee C4uss w~thout Co~u~Dutro~ m~km,~ all toss w losses u~de~ such po1+Cy pay~W! t0 [h! AfSOt~~lqn ~3 ~IS ~~tEtast miy appea~
~ ; ~o in me event any sum a sums ot mo~eY ~~oms Dayable thereurMar tne Assoaanon shs1~ nave tne optan to rece~ve a~d apply tne ssrt+e on sccou~t ot tne m
~ debtedress he~ebp secured. w to permrt tAe Mo~tpapor to roc~we snd uS! ~t o+ ~n~ pirt thl~EOf wrtnout tnerepY wa~v~nfl a~~nps~r~*~g any equ~ty hen or ngnt
- ~~~ ur.Aer and Dy v~rtue oi th~s mo*tyage In event of Ioss a phys~csl 0amspe to tM ~tpspsd p~ope~ty. the Mor~yapa snsit ~ve ~mmed~ate notKe tnersot by ma~t
_: ~ to tne Assouat~on and the Assouat~on ma~ mske prool of bss ~f the ssme ~s not msde p~omptly try the Mo.tysfla ~n event of lorecbwre of tMs mor~gage or
omer aa~sfe~ oi utb to tne mortgaped p~oDerty. ~n ~~t+npwshmeM oi the ~ndeGtedness sscured here~y s1i nyht. utle and mte~sst o~ !he Mortpapo~ ~n aM to
~- ' a~y ~~surance po~~ues the~ ~~ lwce sha11 pass to tne purchasa w pr~ntee The Mortp~pa furtner sp+ees to abde by the ru~es snd ea~suny repu~at~w.s o~ tne
~ ~
Assoaat~or+ ~n connecuon w~th rpwrsd msura~ce cov~r~ye of tAe popert~ h~rem encumbersd
~ Parap~sph 4 snd those wh~cA folbw ar~ contun~d on tM rw~rw sd~ ol iMS mo.tp~y~ snd bY r~f~r~ncs sre mcorpastsd mto tM ~ody of tlws mortpay~
Th~ terms Matgago. and Assoc~at~on, wAt~se've. used m thn ~ns~rument, sAall ~nCludt ih! nl~rf, ptrfWNl represenu~wes. wcussas o~ sssg~s ol ~he r~spec~~ve par~~ts
~e~eto. WACrever used. tne s~ngu~a~ r+um0er shaii include tAe p~urat ind ~Ae Oluraf tAe ungular. and the use ot anY q.nder sAall ~nclude all qendt~s
~N WITNE55 WHEREOF, tAese prem~ses have bee~ e^ecuced on the day and year f~rst ~bove wr~tcen.
S~9nM, usbd ~nd dNnereA ~n tAe prcxnce o1 . ,
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/ti~"~~~~ ---- .- :~ ,.•.. : .,: ' ;--..i-f'~'v ISEALI
- ~ ~ ( ~,//~ ' J OHN ~ A . BADER :
~, .~ .`. ~~- '~, ~`\ "1.~~. ISEAL) .
~ ~ ~_ ~ -- BARBA,R~1 A `BAD~R '~ . .
~ ----- ,~ / / ! .' ~ ~ . , . . _ '_ /' ~~ . .' ~ ~ ~ " ISEALI
~ --- - ~ ' ~
~ __ __ ISEAII .
s No •
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~ OHIO _,._couNTr oF ~~ ~"~-`t •1
STATE OF
7ht faly~-~rg msr~umem was acknowiedged before me tn~i _ `1' dsy o~ December ~g 80 py ~~i i t~
~
JOHN A. BADER and BA,$BAR~I D. BADER, husband and wife, -
. ~a.M •o.s~ -
- .,'' ~1 .-7 ~ LEN~ER
~ co~,M„u~ e=a~e• 1u~:~r ~. F1i ~ 1:G'~! t,3t'l :: '~ ,. ~,. ti i~~.. ~~ 1~ til tt ~-.
: r . % d ~ _)
N~Y r. ~.Ai G4ia..-..: :'I-
MY Cammissi0a 1~a" n e_ :`. OH IO
~~ 1~ ~~.,~ k _ Nour~ vuaK, Sun o~
. ~~ ,'•, ,'~,r. t 'J~ . ~
. ~~ ~ • ~ a~ ~x3~s PeCE 7g0
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