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HomeMy WebLinkAbout1872C -868A pg 64251-2 THIS MORTGAGE INDENTURE ~~ ~4~35 ~ Q~ Er«~,~b u,;, ~~j d,~, a December , ~.o.. ~a 80, a, JAMFS L. GIV~NS and AMPARO G. GIVBNS, husband and wife, p ~~Y OI iM ~Mtl pi~! IMfflM~lf~ tillb MO~t~Ofl. to - b7, I~ CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION • corpaation ~xiitiny undH tM ~sws of tM Uniqd Sata of Amtrics, par~y ol [M acawf par~ lhere~nal~p caUed Uw Aswcytb~l, WITNESSETH, Thst Iw divas yood and vslusDN considwauan, snd to tecw~ tM paytneM ol th~ ~ynyat~ wm ot mwwy named w~ ~M pom~uwy no~e o1 eve~ da~e Mr~with, AKein~fiK entnua~d. toy~tM~ w~th inar~si ~henon snd all o~har wms ol mpyy s~cur~d M.~by ss ha~wWla. p.w~d~d. 1M Ma ty~yo~ do~f y~snt, bsrga~n, se11, •I~n, ~«n~~. r~. convty and tonh~m ueto the Associstan, in fw simpN. tM tollow~rq desaib~d real ttqu. ol whech ~M Matypa is now stuM snd posssssed and ~o acwal pos~estqn, sitwu in [M Couety ol St . Lue i e Sute ol Flwda,l~ya11Y desu~ed ,~~aaw.:Condominium Parcel No. ?425, of CATAMARAN II, a Condominium, according to tt~e Declaration of Condominium thereof, as recnrded in Official Records Book 334, at Page 2451, and any amendments thereto, of the Public Records of St. Lucie Caunty, Florida._ SUBJECT TO terms and conditions of above Declaratinn of Condominium and any amend- me-lts thereto, and restrictions, reservations and easements of record. TOGETHER anth sll strutWres and imprO~rMnlntf nOw ind hNN1tlr On fiid I~nd ind th! /ixWr~f ~tqthtd thlr~t0, atso cnge~her_v~m4 ~~ and s~ngu~ar ~Ae ~a .. ~s. neredltarnentt, essement; ripanan rghts snd appu.tena~ca threunto b~lag~rg, w in any vmse apperum~ng. and the rents. iswes. and proTits tAereol, and a~w aii ~he es~ate, ~~ght, titl~. intertst ~~d sll cb~ms and dtma~ds whatsoeve~. as well i~ Isw as in equity, ot said Mortyagor in and to tAe same. and everY part and pa~cN thaeol, snd a1w a11 qas and ekctric lixtures. rsdaton. hesters, aw cond~tionirg sqwprnent. macAine~y. balers, ranpes. elevstws and motas. bath~ubs. si~ks. wata closets. wa~e. bss~ns. P~oes. Iauce~s, and other plumb~ng and Aesung t~xtures, mantels, refrgnaung plans and rce boxes, vrmJow acreeos, scroen doors, veneuan bluids, stam shuttNS and awmrgs, wh~ch are now w may Mer~sller pertain to or be uxd vmtA, in w o~ ssid prem~ses. even tAough they be detxhed w detxAaWe. a~e snd shall be deertKd to be I~xw~es and xcess~ons to ~he Ireehdd snd a psr~ ot tAe ~eal~y, and, if !h! ~bW! dlstnbld p~OpHty if nOW d fAsll 11l~NItN b! usld IOr CornmlrGi~ purpoiti, tAM lh! turmture antl 1u~n~ih~ngt and any r~pla«meMS tAerMf wh~ch rr-ay be owned by the Mptgsgor and wh~ch are ~ww or may I+t~eatte~ be lotated upon ~he above clescnbed p~opertY- 70 HAVE AND TO HOLD the same. ~ogetbe. vnth all ~he estate, ~gA~, ~i~l~, ~f~tNKt,-hanestead, dowe. and rgM uf dowe., xpxau esa~e, posseu~on. ~~~~m and demand wha~soeve~. in law or in equity, ol tht sad Matgagw in and ~o the same. and every ps~~ ther~ot, unro tAe sad Assouation i~ fee s~mpk. TAe Matgapor he~eby covenants nnth the Auocyuo~ thst tAe Matgagor is ~ndeleas~bly seized w~th Ihe absolute and fee s~mpk IN4 to sa~d popt~ty, and hx full power, and Iaw(ul wtho.~[y to sN1, convey, uansfer aod mwtgage the saroe: lhat H shall be qwful at any twne Aercatler fa the Associatwn to pexeably and yu~cny en~e~ upon, have. hold and enpY sa~d p~ape~tY. and every part thereol: thst sa~d propt~ty is Iree and dncharged I~om all I~s. e~cumMances. and cla~ms ot any kind, ~nclud~nq taaes and assessments, except ~he I~ hereol, wh~ch is a I~rst I~en on sa~d poppty: that the Matgaga vwll make wch tu~tha xwrances ~o perleet tAe tce s~mple t~~k ~o saKf p~ape~ ~y in the AssOtiaUOn as rtNy ~¢asonably be requi~ed. and that the Mo~~gago~ does hereby lully wanant unto the Assocw~~on tht u~te to wd pope~~y and w~~l clclend same aga~nst the matgsye cls~ms a~d demands ol all pKZOns vrhomsoevp. NOW, THEREFORE, che cond~UOn ot th~s mw~gage ~s wch tha~ ~1 the Moitgago~ slwtl wNt and truly pay unw the Auoaatwn, the ~ndebtedness • ev~denced by that cer~am prom~ssory note. ol evcn due Ae~ew~~h, rt~ade by tAe Ma~gago~ and payaWe to [he Auouatwn, m ~Ae P~~nc~pal wm ~~ FORTY-FIVE THOUSAND, TWO HUNDRED FIFTY--------------------------------0~LIARS ~s 45 , 250 . 00 1, to9ethe~ with ~~terest x there~n suted, payable we~ a te~m of 348 ~„a,~h:. ~~~~ perform, con+plY vNtA and abde by each and eve~y the shpulat~o~n, agreements, conduwns and covenants coma,ned and sN to~th ~n tA~s mwtgage and ~n tAe pom~sswy nou secu~ed he.eby. the~ ~his mwt9a9e and the estate herehy cr~ated shall ccase and be ~ull and wd_ TRANSFER OF THE PROPERTY; ASSUMPTION If all or sny part o1 tha Property or an i~terest therein is sold o- iransferred by Mortgagor witAout Association's prior written consent, axcluding (a) the creation of a lien or encumbrance subordinate to this Mo~tgsps, (b) tM craation of a purchsse money security interest for household appliances, (c) a transter t>y devise, descant or by operation of law upon tlu deati~ of a joint tenant or (d) tl~e 9ra~t ot sny leasehold interest of thrae yean or leu not containing an option to purchase, Auociation may, at Association's opiion, dectara all the wms securad by tAis Mortgage to be immadiately due and payabta. Association shall have waived such option to sccelerate if, prior to the sale or transter, Association and the person to whom the Property is to be sold or i~ansferred reach a;reement in writing that the credit oi such person is satistactory to Association and that the interast paysbte on the wms secured by this Mortgage shafl be a~ such ra[s as Association shstl request. If Association has waived tha option to accaterate provided i~ this parwyrsph and it Mottgayoi s successor in interest has executed a writte~ assumption agreement accepted in writing by Association, Associaiion shall release Mortgagor from all obligations unde~ t1~is Mortgage arid the Note. If Auocistionaxercisessuch option to accelerate, Association snsll mail Mortysgor notice of acceleration. SucA notice shall provide a period ot not less than 30 days from the date the ~otice is mailed within whict~ Mortgago~ msy pay the wms declared due. If Mortqagor fails to pay such sums prior to the eapira t~on ot such period, Association may, without iurther notice or demand on Mortyagor, invoke any remedies permitted by paragraph 15 hereof. AND the Mortgagor doss hereby covsn~nt ~nd p~~s 1 To pay all and s+npubr the pru~c~pst snd ~nteresi a~d othsr wms of rtaneY paY~bts by vutue o1 ss~d pom~ssory note and tMs vwrtpaps. a e~iher. pomptty on the days respecbvely ths ssme ssvsraily bsooms dw ~. 2 To pay all and s~nQubr ths tuss. ass~ssm~nts. otM~ Qowrnm~ntd Nwss. 4abd~t~es. oDlpatans and encumbrances ol svery naturo on ssd desc~~bsd poperty r. y~ and the relatsd debt xquis~t~on ssch ~nd ewry whsn due and psy~bls ~ccord~op to law. belwe they becoma dsl~~quent and. ~f ihs same shsu not bs pompu~r -L= ~ m Dad. the Assoc~at~on may at am ums. mthsr bsfors or ~hsr dsluquency. pay ths s~me vnthout wamng a aHscar-9 the opaon to laecbse. a any ngM -~ t ~~ hereunde-. and evsry payment so meds shatl bsar ~ntsrest 6om tM date thsreof at tAe rate o1 18~ ~sr aimum ~ Q`~ 3 That the Mortgagor wdl keep a0 rssl and psrson~l propsrry rww d hsreaher encumbersd by !he ben of tlws mortgsge ~nsured ss may be rspuued (rom ume to _ ~,.~ hme Ay the Assoastan against toss by tus. wu~dstorm and otM. hszsrds. uwslLes snd conGngenues /w wch per~ods and for not bss tha~ wch amounts as - -- M may be reQwred by the Auoaatan and to psy p~omptly whe~ due e11 premn,rtu (a wcA ~nsurance Mwtyagw aprees to de4ver renewal a r~acemen[ .. ~7 ~+ pol~ues of any nature o~ replscement csrt~tKStes o) uswrsncs to tAe Assoastwn. at least ten (10) days pra. to the a~pratan or anrwversary date o1 the ex~st~ng ~-~ ~ e pol~aes TAe amounts ol mwrance repuusd by ths Assouatan sMtt be m~rnmum amounts fp wh~ch sad ~nwrance sha11 be wnttsn ard A shsll be ~ncumbent = W ~~ upon the Mortgagor to ma~ntam such addu~on~l ~nsunnce es m~y be ~ecsssary to mset snd comply fully wuh a~t co-~nsurancs rpuuements conta~ned m sa~d s T f o pol~aes to ~he end thst sad Mortpspa ~s not a w•msura thsreunder Inwnnce shatl bs wntten by s compsny w comparues approvsd a des~pnatsd by tne - w. ~ Associatwn arxl a~~ po6c~es snd rsnewats thsreaf sM11 be Mtd by the Assoastw~ A11 deta~ed des~gnatwns Dy ~he Mwtpsga whch sre accepted by ~ne ;.:~l Assouatron and all a~eements bstwean MonQ~pa and Assoc~atan rolatm9 to mwrance. now ex~suny or hereaher msde. shall be u- wnu.q and sha~t be a part E~ ~~ t of tMs mortgage agreement as tully as ttwuph set lorth vsrb~bm hsre~n a~d shsll govern both psmes hereto and theu successors snd ass~gns No hen upon any ,_' ~~ o of sa+d pol~nes of ~nwrence or upon any rofund w roturn psmwm wluch msy be paYabfe on ihe canceNatan or term~natan thereol. shall be yrven to otAer than ~~ the Assocwtwn. e:cepl by propsr srdassmsnt ~Hued to such pobcy ~nd ~pproved by the Assonatan Exh po4cy of msunnce sha~~ htivs aHuad thereto a ` Q~~ S~anda.d New Ywk Matgapee Glsuss anthout Contr~Dutron, mslurp ~n bss or bsses unde. such pdrcy payable to tAe Assoaatan ss ~ts mterest may appea~ ~, ~ O In the event any wm p wms ot money becoms pay~ble thsreundsr. the Assoustan shall hsve the optron ro recerve snd apply ths ssme on account o1 the m- ~_ ~ debtedness hereby secured. a to psrrtut ths Monp~por to rxe~w ~nd use ~t. a sny psrt thsrcnl. w~thout thereby wamnp w~mpsu~np arryr equrty. I~en or ngM f" under and by vutue of tlus ~wrtgage. In svent ot loss a phys~cal d~ to tAs mort r the Mon sAsll ~mmedste notKe tnereol > a ~ W9~ P~oPe tY. ya9o' qrve bY mad to the Assoaatan and ~AS Assouatan ma~r make p~oot of bu d[hs same ~s not made promptly by the Mwtpagor In evant ot loreclowre oi ths nwrtgage or . other tra~sfer ot titb to the mortpa~sd property. ~n eatmpuishmsnt o( the ~ndebted~ess secured hereby, all nyht. btb and mterest ot the Mwtyagor ~n and to any mw~ance po4ues thsn ~n forcs sAsll pau to ths purthsser a pr~ntee Ths Mortpapa lurther agrees to abde by tAe rules a~d ei~surp regulatrons o( tl~e Assoc~atwn. ~n tonnettwn wnth reqwrsd mwranCe cowr~ps of tM properry hsrem sncumbered 4 Paragrsph 4 snd thoss wlwch fdlow ~ro contain~d on th~ ~~wrp s,ds d tMs mortp~ps and by ro(eronce are ~ncorpaated mto the body ol ths mortpsp~ The t•rms Matgagor and AssotiabOn, wAt~ever used in th~s i~strument, sAsll intlude the Ae~rs, perfonal repr~ here~o. Wherever used, tAe sugub~ number shall ~ncluGe the plural and Me p1u~a~ tAe s, Ix, and the use ot any gende. ~N WITNESS VYHEREOF, these prem~ses have been eaecuted on the day xd yesr h~abwe w.ncen. sgned, seaiqf xw dg~rverea m tbe wesence ot: r .I A ~ ~ JA~I[ES L . SP~RO G`. es, wccessws or assgns of fMe respect~ve par~~es ~nclude all g~ndns. i^^~ - ~ v~ . ~t~-~*~IItV~~ - ~!~!q~Y . .. . •~~nassv ~t Thr. ~f+utaa states S' cc~ : i c:~~s ~~ r~T• ~~~- ~:. .~ i:•"•o:ExTL ~; fil~fFTl~ Pt::--:.IF~~ --- - - ~ COUNTRY,OF g~,~~ ECUADOR r,ouNTV oF TAt loreyo~ng ~nstrum~nt wss xknowledged be(ore me th~s JA~lES L. GIVENS and A~iPARO f.~~3 P~IT::RS ,~, :.- -~• ct~~c a~wir cceai, sr. wc~ co.. a~? ~- 16t~1`~of `~~Ar ,19 g~ nr / •, ~• .. ' . v . ='• ; ~'i r - f a~`.,~ t1L~8~'l'!C~ A R ~ ~ ,~f •': ~• ! . ::~-~ . ~ . ~1, ~ ~~~ , Ni a + . ' ,,,, r .~-_ . ,: . ;r y. C - '•.~~ ~~~ .' -- . ~ ' . ~ e ~ ECUADOR ` + '~ ~ es c r -~~.~y~. ,.;,~,..~ ~ A~ e-i~a ISEA~1 ISEALI l5EAl1 ISEA~I :v ., ~ ` ~ ~E o a ~ ~` ~};~x34fi P~~~1~~~ ~