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HomeMy WebLinkAbout2930 51~068 c-a~7 A ~g '1 j 65701-2 ~ THIS MORTGAGE INDENTURE F.rcuiaf ~~~t j~ ~ar ~~ D@CBillbOY` , n.o., i98O , tw PETER MOSHEIA! and MARION H. MOSHEIM, husband and wife f~~.0~ i~.,~~y ol ~nr h~s~ ~w~~ Ihr~r~ml~a ce~kd A~u.tyayo.-, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a ~~~~puratwn rui~~~~y ur.k~ U~r lo,~s u1 the Um~rd StatK ol Amr~~ca, {~ly ol Ihe yKUnd p.ut (Ar~e~na11N call~d ~Ae ASfOUabonl, ~1i~iNESSETH, lna~ io~ ~Lve~s yucwf arwl vatuoble cons~Jr~ahw~s, and lo fecw! lhe paYme^1 0~ ~~r a9y~eye~e sum ot morKy n,wnal,n tAe Wum~uo~y oc,cr ol Even da~r hr~ewrth, hrre~nef~e~ n~~~~oord, 1[ge~Ae~ .v~~~ ~nte~es~ ehe~eon and aQ o~her tums ol muoey secweu ne~eby as ne~t~natte~ p~ovufaf, ~ne Ma~yaqo~ dots y~sm, b,i~y,,m, uu, ai~en. ~em~u, ~r~eau, cun~ey end co~h~m unro ~he Aswcwhoo, ~n f~ s~1e, tne 1o11uw~nq deunbed ~eal es~ate, 01 w~~cA ~h~ Ma~yayo~ ~s now, uued anJ pussessref e~xf ~n ac~uat Wssrs~~on, u~u~tr ~~~ tAe Coumy ut St . LuL-ie S~a~e ol Flwufa. I~IIy deticnt~ed AS~~~~~~~ Condominium Parcel No. 2131 of CATAMARA.'~ I, according to the Declaration of Condo,minium thereof, recorded in OR Book 280, pages 1919 through 1986 of the Public Records of St. Lucie County, Florida. SUBJECT TO restrictions, reservations and easements of reccrd. TU(:E1HE~t w~~h eU st~uctureti anit ~mp~uvivnen~s nuw .uxf Ae~ealter on said lan~f and t~e ~~x~wrs attechecf ~hr~e~o, also toyNhe~ v~~th all end ungula~ ~he tenemrn~i, ,~~rA~ternrnts. ra~rmrnt~, ~~yenen ~~yhts arxl .qK~u•~enen.es ihe~rumu Ltlung~ng, oi ~n any wise appe~ta~n~rg: ,~nd the .ents. ~isueS. and piohts tAe~eul, and dlsn all ~he esL~~r, ~~.i~~t t~il~. ~n~r~r~: and dl~ i I..~ms arK1 dr~nandf .vhetiue.~e., as wrtl ~n lew as ~n eqwty, ul ya~d Mo~tgago~ m arxl to Ihe same. and eve~y {w~~t anA p.~~cel 11~Neo1, ~nd ,du~ all yeS ..~~..~ rle~~ni fi.~wes. r.ML.~t~i~s. hr.~re~s, .~~~ c~~nd~ucxunq eywWnenl, m,~cAineiy, b~J~n. ~anges, N~va~o~s amf motu~s. I,ac~tuln. ;~nks. wa~e~ clcntq. water bes~ns. V~peti. 7~. ~ e!s. .~nd ut~r~ ylunu~~~~y dn~l bcah~~y i~wlutri, nlenleli. ~Clr~yr~Jtuy pldns dnd ~C! Ir~RlS. W~ndJW x~!lf1f. SCI~p71 (JUp~S. Ytnlf130 DIIOAS. St01f0 ShUhl~S aM1 awmnqti. y„h,[A ,..~ nuw ~n ma~~ hr~cet~r~ ~w~~a~n lu ~~~ I~e uu•d ~v~~h, ~n w un aa~J yie/ms~s. evrn IhuugA thry t~e Jet.~thrd or drruhebte. a~e and sha11 be cfee~nrd tc~ tIe I~aw~es.~ui .xcru~uni .u ~hr fierhutd and e ~.a~~ ol ~he ~r~1ty, end. ~! tf~ ~lwve descnt~aV u~upr~ty ~S oow or shell ANeattH Le usarl lor comme~c•al purpoyps. IAer~ the lurn~ture arHl turms~mys end n„y rrpl,xrmrnts Ihe~eol wfi~ch nuy tk uvtincvf by tf:r titwty,x~.u arwl ~rh~ch ere now or mav Ae~eal~e~ l~P Itxatlei u~wn Ihe al~ove tfpxnt~l yrtK~r~ty 1 O HAVE ANO TO HOt D~hr s~~nr. ~„qr~hr~ .r~~h aU ~Rr estate. nyh~, t~~le. ~n~e~est, Aomrs~e.~f. Jowr~ anA n,ih~ ul duwe~. sep:.~ete es~ete, poasrss~uo, ~lem~ ~~wl .r•n.f.N1 Wha~S~N'.i'~. ~n I.bV .u m ~r~wty. uf IAC S.t~d 1~1W l~j.hx~~ m erw! ~u the s~me. and every t~~ ~he~eot, unw ~Ae sa~d Assoc..:twn m tee s~myfe T hr Min~y,~y.~~ Ar~Pt~y cu.en~n~ti .~~tn ~he A~s~xwh~r~ tha~ ~he M~wty.~~r n mUelras~bly u~:evf h~th the absolu~e end fee s~mple rn~e to sa~d p~our~ty. and nes luu yur.r~, ~.:.,rylui ..uun„~i~ ~,~ sru, ~„mey. i~.~nt1r~ .uK1 mu~tg..yr ~Ar s.une. the~ ,~ snall br ~awlul a~ anY ume hr.ealie~ ta tht Assoc~e~~u~ tope.xealdy end yweily m~er uVon, .,. •, n„Id ,n~~1 rnp~r s,nJ {u ~i.p~ty, .~~rt ~^.eiy pa~l ~M•~r~~1. the~ s.ud pruyr~ ty n fi~r a~xf d~uhery~yf hiNn all hen~. encumL~ences. am/ Nenns ol ~ny kmd, nxlud~~g t3atS erN1 .. ~~unr~NS. r.ar4~t the hrr, hr~rot, ,n,tui h~~ .~ tusl I~r~ un sa~d pwyr~ty that ~hr htu~ly.~yor wdl m~Ar wch f~r~hei aSiWeM:CS 10 pE~fect ~he 1~ s~myle ~~~le tu ~~d p~upr~ty „'~hi• Aisc~.:e~„~~~ as ~nay ~e.nunet+l~~ In ~eyw~arl and Ih~t thr hl~utg.~yur d(~S h@+@by fUOy w~~~.~nt untu tAe Asstn'wt~on tl~e 1~tie lo T.f~d yrp~rt~~ an~1 ~ti~fl dPfe~~it yern@ . ~~i~St Ihr ~r~~ul~i..~ ~I~~mi.~~l~f ~k•ii~i~ufs .•1 .fl~ ~~SU~Ii WI~U:~~SUC~vr~. 'vO.i. THEi2Ef p'iE, ~hr i.~nd~t~.m ol Ihis ~nu~lydyr ~S SutA Ihet d Ihe Mu~~yayur ihall ~,pll end huiy pay unto tAp A55[x~dLUn, It~e ~ntlebt¢dnNSi .~~rnced by ~:~.i~ ~~~r„~n p,uin,ssnr~ nuir. ot even tlatr hr~rwrth, m,ffle Ly Ihe A9o~lgayu~ and paV.il.le to IAe Auucwt~un. m tAe p~~ncqre~ wm ' SEVTNTY TWO THOUSAND-------------------------------------------------.~o<<a~as ~ 72 , 000 . 00 -. ~,.~,~,e, .ti~th uueietit .~i the~e~n stated, payahle ove~ a te~m of 348 rnc,mhi, dnd ih.,~~ ...~ ~~n. ~un,~,~y ~~t~. .,n:! ..b~d~ hy raih end rtrry Ihe Sf~pulat~uns .~y~rr~r~Fntt. curid~lioni ~nd covenanticunte~ned and stt tii~th ~n Ih~s mu~ty.w~r oizd ~r. IhC V~om~ii~~rY n~itr .. ~.~•.t hP~Pley inen Ih~~ mcal::e,ir .~n~t Ihp e;tate hr~rhy nretrtl ihail ~easr e~xf be null end vOid. TRANSfER OF THE PROPER7Y: ASSUMPTION 1t all or nny pnr~ ut tnr Prope~ty ur an ~nterest thrre~n is sold or transtened by hlortgsgor wnhout Assoc~auon's piior wntten consent, excludmg (a) ihe ~~•:~~~on uf e t~ur~ o. enwrnL~ancP tuburiS~nate to this MO~Igage, Ib! the creauon of a purchase mu~~ey security mterest for household appl+ances, (c1 a transte~ . ,1r~~sr, ~feacent or by apr~atiun ol ia.v oJUn the death of a ~o~nt te~zant or (d) the gra~t oi any leasehold interest oi [hree years or lets not conta~n~ng an •~r~tnm to purcn.~sr, Aawc~auon mey, at Assoc~ation's upUOn, declare all the sums sewred by th~s Mortgage to be imrt.ed~ately due and payable. Associauon . ~,U ha.i \YAI\NU )UC~1 ept~on to accel~~;tte ~f, pno~ to U~e sale or transfer, Associat~on and the~person to whom the Property is to be sotV ur transte~red reach ~.•rmrm ~n :rnt~ng u~a~ tne e~ec~~t ot such person ~s satrotactory to Assoc~at~on and t~at the interest payable on the sunis secured by th~s Mortgage shall be !' ti.iCh r,~t~ as Asso~~.,twn shall r.ri~uest. 11 Assouatron has ~vaiveA the opUOn to accalerate provided m this paragraph and ~t Mortgagor's succeszm in interest ~~.~5 r~c•cutr:l a~vr~Ilrn assumpt~Un ng~rrment ae~-epled +n wnLng by Associatwn, Assoua.~on shall re~ease Mortyagor hom all ob4gaUOns under thn Mor[gage ~ .! thr Notr. . ! I 4sso.-fe~~o~~ rar~uks such upt~un tu acce!er~tr, Association shall man Mortgagor notice ot acceterauon. Such notice shall provide a per~od ot not less than s~~ , e.~ys hom tr.~• ;iat.• ~he not~~e n n,.~~t~~~i r.~thln ~vh~ch Mo~tgag~r may pay the sums declared due. Ii Mortgagor tails to pay such sums pnor to lhe expira ' ~~~t wch penud, Assoc~atmn ~nay, vnthout lurthe~ not~ce or demantl on Ma~t9agot, invoke any remedies perm~IteA by pa~agraph 15 hereof. AND v,e Mortgagor does nereDy covenant and ap~ee i T~ ~,a~~ a~+ a~fd s~nyuiar the Wmc~p21 and ~n[erpsl and Olher Sums Of monly pey~ble by vuW! 01 said prom~ssory notC and tM5 mortgagC Or EdAgr prOmplly on inr cfeys ~especuvely [ne same several{y become due _ 2 Tu pe~ a~' a~~d s~nyular the 1dt05 aS5lSSmeniS. Olhlr QpvemmEnlil 4gviRS. baWlrti85. O~b0i1~0~5 dnA enCUmbri~CK Of every nalure O~l SB~d dlSCr.ped prpper[y ar,d [he re~a[ed debe ac~wsrt~on eacn and evsry wAen due and payable acco~dm9 to Iaw betae ~he~ become dehnpuent and d cne same shal! not be prompUy ::.+:1 t~~e 4ssoaaUOn may at any ume. erther Defore or after de+mauency p~y the same wrthout wa~v~ng ur aftecung the optan to faectose. w any iight !~r~r:.ntler and every payment so msde shaN Dear ~merest lrom tne dace [here0( it thE ~2I! of e~yhteen per cent I18`kl pe~ annum 3 T!:,~~ me blortyayo~ w.ai keep aU reat and personsl prpperty now o~ Aereafte~ encumbered ~y ~Ae t~en of th~s mortgage msursd as may be reqwred (rom ume tu . .• ~>y tne Asso: ~dLOn dgd~nSt 1055 DY ~~re w~~dstam a~d ot~er na:arOS casua~t~es a~d contmyenaes tor suc~ per~ods and ipr npt less than wch amounts as ~•.a~ tP re~,~,red L•y [~e Assoceat~on ~nd t0 pey Dromp;ly when due a~~ D~em~ums lor sucn ~nwrance Mwtgagor agrees to de6ver ~enewal or replacement r• ~° i.-s u~ a~,Y natwe or replacement cerp},~~tes of ~nsura~ce to the Assouat~on at teast ten i l0i days Dr~or ~u the e^p+rauon or anmversary date of tKe e^~sung ~~~~! . es it,e a~nuunts of insura~ce reQwred Dy tAe Assoust~on s~ali be mirnmum amou~ts for wh,cA sa~d msurance shall be wnt[en and ~t shatl be mcumDent u;~~•~ tne Mu~tyayo~ to rna~nta~n such add~t+onal ~nsurance ss miy De netessary to meet and comply iully with alf co ~nsurance reQwrements conta~nsd ~n sa~d nu•.,,es to ~ne e~A tna~ sa~A Mor[yapor ~s not a co msuror thereuncler Insur~nce sAall be wntten by a company or comparnss app~oved a das~flnatsd by the ~,wc~eron and au yot~c,es and renewsls t!~ereof sha~~ be Asld by the Assouatwn All tletsded des~gnat~ons by the Morlyapa wh~ch are accepted by the ~SSUI :3t~On dnA d~: aqreemenis between Mortpagor and Assoaauon relaung to ~nwr~~ce rrow ex~sung or hereafter made. sAa1t be ~n wnimy and sbau be a pan r~t tr:~s mortgaye'ag~eement as fulty as though set fortA verDaum Aers~n snd shall povern both parues hereto and tAeu suttessors snd ass~yns No I~en upw~ any <~~ sa~u w;hues of ~nswa~~ce or upon any rofund or rowrn prem~um wh~c~ may be payable on tAe cancN~auon or te~mmauon thereot. sha~~ be gwen to otber Man fr,e Asso~~a[~un e^cepl by yropsr endorsement ~Nuced to wch pol~cy and apixoved by the Assouatan Ex~ pol~cy of ~nwraoce shall hare aH~~ed thereto a S;anda~d New York Mortgagee Clsuse wdhout Conv~but~on. mak~ny ali bss a losses und~r ~h pol~cy psyable to the Assouatan ss ~ts ~nterest msy appear ~~~ ~~~e even~ any sum or sums of mo~ey become payaWe 2Aereunder. the Assoaatwn sMl1 have the optwr+ to rece:ve and apply tAe same on account o1 the ~n debtedness he~eby sewred o. to permrt the Mwtflapor to cecs~ve snd use n. w any part the~eot. w~thout ~hereby wa~r~r~ or ~mpsu~ng any equrty. ben or nght ur+def ar~d by v~rtue of th~s mortgaye In event ol lOSS or phys~cN dama9e to the mOrtpaped property. the Mortyagor shall prve ~mmad~ate raUCe thereof by ma~l co ane Assoc~auon a~d t~e Assouat~on rr,sy make prool ol bss ~1 the same ~s not made prompUy by tAe Mortya9or In event of twsclosure of th~s mortgage. w ume~ transfe~ 01 tale ro t~e mortpa9sd propsrty. m sxunpwshment of tM indebtedness sscuted hereby. iU nyht trtle and ~merest of the Mortgsya ~n and to a~~y ~n~~rance ponaes then m torce shall psss to the purch~s~r a pr~ntee The Mortpapa turther sp.ees to ab~de by the rules snd ea~suny regulatwns o1 tAe Assouahon. ~n connecuon wilh raqwred ~nwrance covsr~ys of ths p~opsrty Mr~m encumDered 1 Pa~ag~aph 4 snd thoss wtNCh follow u~ cpnt~~n~d on tM nv~~q s~d~ of th~s morty~p~ ~nd Dy r~f~r~nce srs ~nco~poqtW mto tM body ol ttws mortps~e Tne ~e~ms Mortgagor and Assoaauon, wheneva uscd ~n th~s urument, shall ~nclude ~be hetrs, personsl repretenuuves, wccetsors a assyos o~ Me ~espetuve par~~es ^e~r~o. Where„r uxd. ~he s~nqula~ numDer sAall ~nctude tAe p7u~a~ ~Ae D~ural ~he s~ngulx. and Ne ufe ot anY 9ender sha11 ~ncludt all genders. i N WITNESS WHER~F, these prem~~ave n e•ecuted o be day a~d yea. hrst sbove w~men. ~ . ~ sea~ed an0 dt~ rec7~n e pre nce ol --~ ~ ' ~ ~ ~~--~ . f - { / ~'~ C EAL) ` ' ER M03H~ A L_ . ~ - ---- ~-_Y~. ~ ~ ` , 2~,ur~ !'~:,~ ISEA~I RfcflYE~ = 1'I~OU ~ M~ ~r T~ --.~ aIA ION H. MOSHEIM ~ -WE--$tE6{#ii-~-N{i ~ (SEAU PORSIIRIIT TO GMAYTEi 71•13~ A~TS Of 1l71. , ROGEII FDIiRlS ISEALI CL£itK ptGAT COwtT, i1. lYC1E C0. fIA.Q . - . s „o r `~~~ ~~i . "t:•~ °._ STATE OF _FLORIDA __COUNTV Of DADS ~~ ~-~ ~. = - - ~ :1 ' : The lorcqo~ng ,,,.~.~~„~~~ W,f xk~~„~n~ ~~«~ ~~~,s ~° e~, o~ December ,~~ ., p~fQ~ '~ '*. s~ ~; :~`~•; ~' ~ :'~ , --, PETER ~iOSHEIM and HA~ION H. MOSHEIM, h band~ '~~ • ~,r' ,, ~ . ; -+'. ` %_ _ • _.•• _; ear.as~.c ` NC: ., r~a ~.,•~ • . ;~: ~~ •• ~r ~F _ ~~~~yy LENOER , ..~ r My comm~ss~on tapntt _ ^' _._ : •. ~• ~;ki - -t " ~ / _ a ~ ~ ' y~~' /( ~;• K::dl:. '.;y~. .. _ti:. ~,.~ ~l'dlfR'.~i :i0.: - ,,. ~,. ; ,' , y; ~.. ~ ' _ ~'LAR I~ Notxy PubIK, SHtt W ~ • l{ ~ ~. 'i 3'~ ~ B~I~K 346 PacE2~Z.`, ~