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THIS MORTGAGE INDENTURE
e.«~~ed ~n~. 2? o.y o~ Febl Ua 1~y , n.o., i9 8~ ~W ~~~19
JOSEPH F. DeLOACH and NATALINA V. DeLOACH, husband and wife,
par~y of ~he I~ift pait Ihe~~~nal~r eslled Ma~qaqo~l, ~o v
CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION I`~~'~
~ capo~atwn ~a~sung urn1e~ ~he laws ol tAe Um~ed S~ates ot Ame~~ca. ~arty of ~he securxl ~~ Ihere~nahe~ caued ~he Assocu~ron),
WITNESSETH, TAat lo~ d~vas 9uod and valuaWe consufe~auons, antf w xcu~e ~he payrnen~ of the agy~egate wm ot rn~ney narned m~ne Wum~fwr~ nuie ul e~r~~ ue~e
he~e-wth. Ape~naflH ment~oned.-toqetAer w~th ~ntaest thaeon and all other sums ot muney secu~ecf Ae~eby as Ae~e~na1~N p~~wdtd, ~he Moitgaqo~ does 9~ani, ba~ya~n, yr11,
shen, rem~ye. ~~~~. cunvpy and contum unto the Assoc~at~on, m lee ivnple. IAe lullow~ng tfescntxrf ~ral estale. ol ~~tA 1A! Malyayo~ n nuw se~~etf :rW yosseisr~l a+x1 m
actual possess~on. s~~wte ~o the Coun1V ot wSt . Lue i e S~a~e of Flw~ds. ~e9auy ~n[~ed
..rw~o,N, Condominium Parcel No. 4364, of SEASCAPE I, a Condominium, according to
tl~e Declaratinn of Condominium thereof, as recorded in Official Records Book 338,
:~t Page 1033, and any amendments thereto, of the Public Records of St. Lucie
~_c~unty, Florida.
;~i.~~JE~i"I'O terms and conditions of above Declaratinn of Condominium and any amend-
~~~e~its thereto, and restrictions, reservations and easements of record.
TOGETHER w~ih att s~~uctures and ~mprovemenK now aocf hereal~H on saa] IanO anA the hxw~es attxAecl thr~ro, also toqe~her w~iA e11 arwf s~nq„~ar ~he ~rnen~~~~,,
hlr~l~taments. ease~nents. npanan ~~yAts arxf aWurtenancls thereunto helony~ng, or in any w~se.~pt~ta~n~ng, and the rents. ~ssues. anA profns tl~e~eoi, ,~nA aiso en mr es~.~~v
r~qM, I~Ue. ~nterest ~rnf aU tlaimi and cfernan;fs wAe~soc~t~, as well ~n law as ~n ~vlwty, of sa~d Mortyayor ~n and to tAe s~ne. and every palt and pa~cel Tt~~~f, ,,n~t ,K~, e:i ~,,,s
end elecu~c h.twes, rad+a~o~s, hraien, av cond~uan~ng ~~~~p~~~, ~~xh~nery, bode~s, ~anyes, e~~vators and mot~rs, tuth~ubs, s~nkt, water cl„seis, wa~e~ bm~nt, p,i,es.
taucets, and o~her plumb~ny end Aeahny h^twrs, rn,unels, ~elnye~~~~~g plans and ~ct lx~aes, w+nd~iw a~~rens, uieen ikw~s, venehan bhnds, sro+m stwtteis end ~wn~~~~~i. .~h~ih
,~re now or may he~eot~e~ pr~ta~n !o a~ tip usecl w~~h, in or q~ sa~d prermses. even thoug~ tRey !ie efetach¢c1 wr ~1e~,khaLle, e~e and sbaU br oeen~l to fiE 1iy WePS er~~l ,n ~rY...ini
tU the fr2ehold anJ e y,f~t ot the reat~y. end, A thr atv~ve drsc~~t~e1 p~uye~~y ~S now o~ Shell hPrral!tr tie ~iwl lor cum~ne~c~al ~~u~puspi. Ihrn Ihe lum~~ure anA tun~.st~~n,:, .,~,~!
eny reylacemer~ti the~eof wtuch rnay tir owncrl liy ~hr R!u.ty:H3u~ and wluch air r.c~w or m~y he~ealter t~r Icx..itrd upur~ ~hr.;la~ve deycnl~f p~c,~~rrty
~O HAVE AND TO NOLD the s.~me. h~ihe~ w~ih ell t1~e estate. r~yhf, ~nle, m~rrest, ~umes~ra:l, ilu~vr~ end r~yht u1 ~fu.vrr_ tepar~tr este~., ~~ussrs:,~,~~. ~_i.,~n~ ~r.d
~temerxf wfiatx~eve~, in iaw o~ ~n eywty. :.1 ~Ar ~~d R1iu~y,iyo, ,n ,,,xl to ~ne s.une. .v~d rve~v V~<< ~naeot, umo ~ne w~d Assocmhun ~n fee s~mple.
Ihe R1u~l9ayur he~eby cover~an~s w~th the Au~x~anun rt~at ~he Ato~~u.~yur ~s ~ode}ras~bly se~rcYf r.~fh me abiolwe end t~ s~mple t~tle ~o s.+~d p~uyc~~y. enn t~,,z r„i; ~..~:,~.,.
.>nd lewtu~ ~uthorily to Sell, ~i~nvey. hansle~ .~rxf mu~ ly.~e tAP S.~mP. Ihat rt ihell tie I~wlul at any t~mr he~ealtrr to~ the Asi~x ~etwr tu pr.xe:3l.ly .~nd ywrtly rnf~: iqi..r~,
'~.+ve. Auld and er~uy sdid lllp(K+1Iy. JINI every part thr~rof, that s.nd p~~~rty ~s I~ee and d~uh.iey~il trum ali I~ens. encu~nb~ences, en~1 cla~ms ut eny ~,nd, ~nclud~ny •.,.PS .,n~f
~ssesvnents. r.cep~ ~he t~en ~~,euf, wh~ch n a h~s~ I~e~ U~l iluJ (HOO@Ity. Ihdt l~IP hS~nty,iyu~ wdl mekr :uch tw~he~ esw~ances to t~e~lecr th~ r~ Svnyle ~.Ue t~, s„d p.~.(~-riy
'~~ tfie Asscx~et~un as m,iy rr.~son.~biy t~ reyu~~EKt. and IAe~ the h1o~i4y~<~~ d~t ~e~eby fuliy ,nd~~.~nt w~ti~ Ihe Asuu ~,n~nn the ~~ttr ~u sa~d pru~~~y .~rnl .ti~h ~1Er}r~~~f v:•nr
.~~-~..untt the mU:lyeyC cleims .~ocl demendi ul el{ y~riuni wfiumSOevei. ~
NOW. TH~REfURE. thz cund~L~in ul th~s mu~tyege ~s w~h that ~t the f1:~~~ty.wa~~~ it~.~!1 vyrL' ~n~} huty p,~y untu Ihf• Ass~x~eiwn, t~e ~ndrt.tr~i•,.~ss
~:~Jenced by that cer~.~~n p~u~r~~sswy nutr. o~ rve~ date fir~rw~th, made by ~he ht:nt.~~y~~r ,fnd pe~.,Y,ir tu ~hr Asux.w~wn. m tAr ~n~n~~~,.d ..•,.n~
,~ NINETY-SEVEN THOUSAND, TWO HUNDRED___________________________________..~,~,~ ~,.F,s
s 9? , 200 . 00 ,. „„,e,,,e, .y,,,, ~ntr~rs~ as ~he~e~n sta~wl, ~n ,:.~r ~,-: 348
[ V~ e~ e ir~m ~d m~.rnht ,,n~! t'~a~:
l~e'fc,rm, cUmpiY Wrt~ dnd eb~~l2 by B.fth entl r.•.Bry thr s?:pulatwn5. eJre( nenli. cund~hons dnd u~vp•:ents ~ui~t.,.~,rd ..rid sei !~.,r rt~ rn Ih~s m~~ b7,i~r ,+:~d ~n +nr U,~~~~~~SV~~ r•~~.•r
~rruirci hrirby. Ihen th~s rnor ty,r~ nn~f ;ne es~are nereby crea~ert sh.~u ce~se and t~e n,~t~ and vo~~7
TRANSFER OF THE PFOPERTV; ASSUMPT~ON
If all or any part ot the Pro{xrty ur an ~nterest thr~ein ~s sold nr irenslrrred by Mu~tyagor w~thout Aisou~t~un's pr~ur .vrrtter~ co~~wru, e^clucl~ng i.~) tnr
~ reaUOn Ot a I~en or encumb~ancr subo~dinete to th~s Mortgage, 1b) the cr~~auon Ot a purchaze money secur~ty ~ntr~est fo~ housrhuld appl~ances, r~) ;~ trensTrr
c~y cievise, tlescent or by operat~on of !aw u~on the drath or a ~umt tenant or (d) the qrant of any IeasehulU in~erest of U~~ee yenrs or le;s not conte.n~ny .in
~~Vt~~~~ to purc~as.r, Assouai~on may, at AssociaUOn"s ophori, Uecidre all thr surns xcured by th~s Mo~tyege tu fx~ in~rneUi.~tety due an.! {~ayeLi~. qywc~at~un
.haii tieve wmved such upt~on ta accel~rate if, pnor to the salr or transfe~ Associat~oh end ihe penun tu -.vhnm tl:e P~oprrty is to lx wt~~ or trarisferretl r.rnch
+yreemrnt in ~wrt~nq that th~ cred~t of such p[e:son is sansfactory to Assoc~anon anci Ihat the ineerest pnyel~le on th~r surr~s se~~red by th~s Mortyaye sf~e11 li.~
~t such ~ate as Associat~o:i sha~l reyuest. It Assount~un has ~vaived the opt~on to accelerdte {~ruv~e}ed ~n th~s ~~erag~ayh end ~} Morig~~or"s successor ~r~ ~nterrsT -
~~,~s executed a wrrtten essump;iun eqirem~n~ ~~c~.Vted ~n 1vnt~ny by Assoriatiun, Associa.iun ihatl retrase MortgagOr irom all pt.i~ya:wns unc3ei tiuy IL'urty,~ye
.+~~.~f Ihe Notr.
If Associat~onearrnsrssuch optlun to xceler.~te, qssociat~un ih.iil ~n..~l hlurtg.~yo~ nphce of a.cel~raiwn_ Su~h r~ot~~e shall prov~de a{~rrroU ot nr~t Irzs ther~
.t0 efays }rom thp Jate Ihe nut~ce ~s rnmlyd v~~ihin ~~vh:rh Mortyeyor rney pay tt~e sums decl:~red c1ue. It Mo~ty~qur 1aJs to pay such s~ims ynor eo th.r r,_~~~ra
..un ot sucti penod, ASSOC~aNOn ~n.~y, without turThet noti~e or dernanU on ~.lottyagor, mvUl.e eny ~r~ncd~es Vte~nuttrd 1~~ pa~ayr,~ph 1~ t~ar~.ep}.
AND ~ne Mortyayor does rereby covensnt and agree
1 TO pdy d~l dnQ S~n~ulat the pnrupal and ~nterost and otns~ sums of money payaGle ~y v~r~ue of sa~d p~orn;swry np[e and trus mu~tyege or e;ther ;,r~a~ut:~, ;,,:
Th@ ddy5 r25pCCl~vtly IhE 52rn@ S9vBrdlly b@COmE duB
~ To pay ai. an~ c:ngu~ar the ta^es assessments. otner eavernmentai ter.es nab~l~ues ob~~eat+ons and encumbrances ot every nawre on sa~d desc+~Gea propert;
and tne related deD! acqws~t~on each ano bvery whan due end payuG~e accortlme to 1aw be?ore tney become del~nquent and ~~ tne same sna~t not Oe prompt+Y
pa:A the AssouaUOn may at any i~me e~ther before or aher tlei~nq~ency paY tAe sart,e wrtnc~t wa~~~ny o~ affecung the opt~o~ tu `oreUose or gnY nynt
, he~eunder. ar.d every payment SO made Sha~l bear ~nterest from tRe date thgreof at t~e rate o~ ten pe~ cent i1Q'bi pCr anr,,m
- .i That the Martyagor w~ll Meep all redl and personal prppgrt~~ nuw or ~~reafter encumpered Dy the hen of rh~s mortga~e ~nsu~ed as mar be rea„~red fr~~• ~~.-,;F T~
r.~~~e by rne Assouaton dya~nSi ioss by Lre w~nastorm ~nd otr.e~ naaa>ds casua.ues and cont~nyer,~~es tu• s~ch pr~~uds and to• not iess inan s;.~r a^ ,,w is es
'~ ~ti nP ~r.q~ ed b, t^e Assoc~at:w and to pay promD~'Y w~~e^ :7ue a+ prem;ums fo~ s~c! .nsurar.ce hto-!yago~ agrees to de;rve~ renewa! or rep a_
uc es uf a~~ ~at:.•e ur repiacerr.e~t ce~t.?~cates o~ ~nsu~ance to tne Assoc~a:.on a: :east te•~ t p c~ays t,~•u• to :ne e.p~.at~un o• a^.nnerSa~y daie O! tne e, s~
t~u... es ?h~ a.•:n~nts n} ins~rance req~.~ed ~y ;ne Assoaaho~• snd~~ Ae mmimurr~ amo~:its fp: wh::.h sa u~ns,.~an~P s~a~! De v~nt:en and rt sna!~ Ue ~n",«.,,rr t
~~C~•~*• :t:e M1~urtyayu~ to mamtt~n sach a0tl~t~onat .nsur3nce as mati• ~e necesse~y to meet an~ wmp y!;,~~y „,.tn a~: co .ns~~arce ~eQwrrments co~ta~neo ^ sa d
Go',..es rc tne e•+d tnat sa~d Yo~tgagor ~s .^•ot a co ~nsuro~ tne:eu~:de• tnsu~a~~ce shai Le wr,tren by d ~Um{~dn~ pr ~o~}pac~es a/D~oved o• tles~a~atec a~ :~ e•
- Ass:,.~er~on anA a'~! pct~ues and renewa~s tnbrEO+ sna!t ~ he;d D; tne Assuc~at:cn A;~ deta~:ed de~~yna~~ons oy t^.e Murtyayo~ wn:~h a~e acteu'ed G, c^
%.` ;,'s nt:o~ a~o a" egree~nents Detwee~ Mertea8or anG Assouat~on ra~at ny tu ns~•an._e nc,w e^~s: r.y u~ ~ereafter ^~ade s!:au b._~ :n ~n;,r~ a~d sna,' :~e a;;a^
, t onya~e`ag•eement as fuuy as t~oiyh sat !o~tn verDat~m rtere~n and sna~~ govern Got~ pa~t~es 1•e~eto a~~d tne~~ suc;:eswrs and ass,y~s No ~•e~ ,:~,~~~ e~ ,
o sa:o pc~:Ues o. ~r.suran;.e o~ upOn any r@.~nd or retum prem~,um wh;d: may b@ pay'ai~te un the ~dnie"dt:or or te'rr~:na:~pn ihereof sha!7 Ue g~ve:~ to ut^e• !^a•'~
«~e Assoaat~o~ e^cept by pr~pe~ e~ dorsemen! affiae~ to sucn pci~cy and app~ovea by the l:sio:.~at~u~ Ea~_~~ pat~cy of ~nswance sna~+ nave at!,.ea u erew a
S~a• :fard New vo•k Morigagee Ciause wrthout Coninbut~c,~ mak~ng a'~! '~oss or ~osses unda su~n p~i~~y ~a~ab~e tc tne Asso_~a:~on as ~ts ~nif~BS: ~ne~ d//Ed'
~~~ thN ryy-gnt any surn or sums u} money become payaD~e t~ereuntle~ tne Assec.~arun sha~t ~dvf tRE UG40r, !u rece:ve and app:y tne same un acco„~~! U} f~F :•.
aeb;ea~ess tie•epy secured or ro permrt the Martgayor to rece~ve ana uSE :t Or an~ pan tnerec~ w,:huut i~}r~Bby wd~v~ny W~mpd•s n~ dn~ eV~~Iy ~~e~. O~ ~ g^!
~:',:tP~ a~~d Gr v~t,,e o/ th~s m~rtgage In event o} ~oss or phys~ca~ Oamage to thz morteayed p~upe-ty tnE Mu~cyagu~ sna•i y,~e ~rnmed.ate nu:~ce ;~e-eo' :,, r•,a~'
ro ~he Assoc~a!,on and the Assoc~ahon may maiee proo! ol toss ~f the sa~ne ~s nOt made p~omJt'~ Dy the !ti~.tyago~ In e.ent ;;' fo*ec~cw~e of 2n.s ~.u•tyagr o
os~•~.H~ !*ensfe~ ot trtle to the mort8a8ed property m extmeu~Shment Of the ~ndebtetlness se_u•ed he~eDy a~! •~iti! t,t~e anC ~rcr~esi o' tne Mo~taayc~ ~~~ e~~•y ?~;
_ any .ns„~a~~re pohc~es t~en m lorce shail pess to tAe Durchsse• or 0ran;ee The Mortgagm turtne• ayrees !o aG~.~3r [zy the ~.,~es a^C e,.st~~g reg~:a.:ons o' -re
Axu~:~e!,on ~., cu~necuon wrth reQu~red ~ns~re~ce covo•age o1 the proGerty ~e~e~n encumGered
4 Pa~agraph 4 and those wh:~h }o!Ipw are conU~ned on the reverse s+de of th~s mortpape an0 by reierence are ;nr_orpprated ~nto the t,od~ of t!,~s m:,r~eaye
Tlv rermS ~t±o~h7ego• and A55ociahon. vtheneve• used ~n !hn ~nitrument, s1~a~t mde,~M Mt nt~rs. ~ersunn• rEp~gse~ta:~ves, wcteis~irs :~. .->s~in; ol t~e rest~ec~::e y.'~es
^e~eto. Wt~:pr.ve, vsed tne i+nyvlar numtxr Shall ~nc~u~:e t~e p~u~a~ enA Ehe G~u~ai Me s~ng~lar, aMf Me use u} a~~ nde. shaU mc~ude aN
Iti WITi1iESS WNEREOF. ~nesa ~~ ti`~ '~"'~'S
p~em~us ~~ave [.een e*ec~teA on t da~i and yea• st buve vr~~rren
5 ne0, ual antl dH~tier~ m e pre t ~
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J SE ,, DeLOpC~
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RC!'%:vE~ S `~ P~ - •Y ~ NA L NA . DeLOACH - - -- ~sEA`~
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R06EA PL'IiP.AS
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sTarEOF_FLORIDA __ couNrvoF _ST.__LUCIE
Tht fp~egoinq ,,,s~,~me~~ was ~k~oW~n~ ~x~o,~ ~~h,~ ___ _ 27_ daY o~ _Februa r
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JOSEPH F. DeLOACH and NATALINA V.
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