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Home My WebLink About2503 ~ = 23~61~ , THIS INDENTURE, IN~d~ ~he 1~h day oi M~ A.O. 19 72 betw~en Ralph Chieffo, Sr., and Melanie C. Chieffo, his wife, also known as Melanie Chietfo, of St• L~1C~@ Co~rnty Flwid~, Mrein~ftN d~ign~ted ss tha "MORTGAGOR,' +~d FIRST FEDERAI. SAVINGS AND IOAN ASSpC1AT10N OF FORT PIERCE, ~ corpaa~ion orp~ni:ed and ex~ttinp v~der IM law~ of ths Unit~d Stat~s of Ama~ic~ ~nd havinp itt principal plact of buuness in ~Iw Ci~y of Fwt Pi~rc~, St, Lucie County, ,florid~, hereinafter da~p~ated q 1F?~ "MORTGAGEE." WHFRFAS 1M MORTGAGOR is j~»tly indebted ro the MORTGAGEE in ths sum of s 10~5~~ ~ good ~nd Iswful moosy oi the Un~ted States advinced by the MORiGAGEE u~to the MORTGAGOR, as evidenced by a cenain promiuwy not~ of even date herewith, of which the fo!lowinQ in ~ words ~nd figures is ~ trw copy, fo-wit: s 10,500.00 ~ 3-18,388 ~ Fo.t Pie?c~. Flaid~. ~y 19, 19 72 Fw value received, 1, we or either of us, promix to pay, without defalcation, to the o~de~ of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, florida, the tum of j lO~ SOO~ OO with interest irom date at the rate of 7~ 5% per annum, in monthfy install- mants as followi: Z as~ ~ on tFK 1St dsy of `July , 19 72 and ~ like wm on the correspond~np day of tach mor~li~ therr a(ter untii the whole be fully paid. • Eath installe»ent fir~t sha)1 be appliad in payment of the inrerest ~nd then on the unpaid balante of the pri~tipal wm. If d avlt it made in ths payment of any installment whe~ due, and such defauh continues 30 days, then +t the option of the holder, and without sny other notice, atl the remaining ! ~nstallmenti shall be due and payabk at once. Privilege is given to p~epay this note in whole or in part +t any time without penalfy. Neither fwebear~ntt, ~ nor acteptance by the hoWet thereof after any default in any payments hereon, shall be decmed extension. A late paymeM thu9q of j 4~ 2 5 shsll be added to cach i~s~al~ment ~emaining unpaid 7 days after its dve da?e, and a like sum shall be added to each such installment remaining unpaid 7 days after each sucteeding paymeM date. Each maker, surety and endwxr hereof, jointly and sevcrally, waives demand, p~exmment protes~ and e+otice of protest for ~onoayment, and further ` agrees to any extensio~ of time of payrtKnt, ei~her before a aftcr msturity, without notice to any of us; and to pay all coats of collecrion, inctud~ng ~ . reasonable attorney i fee in the event of any defautt heneunder, snd hereby severa~ly waives a!1 benefit of horrxstead snd exemption ~nder the constitutio~ and laws of each State of the United States, as aysi~st lhis obtgation or u+y exten~ion or renewal htreof. Wimess rhe hand and seal of each party_ ; S/ Raiph Chieffo, Sr. ~ai~ : ts~+u ~ S/ Melanie C. ChieffoR also ~q ! ,vy S15 75 lcnown as Melanie Chieffo ( • ) State Revenue t~~~ e~ncelkd ~ow ~rigi~wh~oR~ . r~ NO\V, THEREFORE, the MORTGAGOR for the pu~pose of secvring psyment o( ssid sum of ~ lO~ SOO~ ~ . and ihe performa~?ce of ths ~ ~ covenants and aqreemenb hereirwfter expressed, and fw divers good and valuabl~ consider~tio~q, by these prese~ta, does grant, barqain, sell, remise, releax, convey ~nd confirm unto the 1NORTGAGEE, iri successor• a~d assigns, all that certain bt, piete or p~rcel of land, sitwte, lying, end being in the Covnty of $'t• ~ucie and Sute of Fbrida, described as fotlows: ~ „ Apartment 8-I-208 of COtANNADfiS DONDOMINIUMS NO. 4~ a condominium according to ~ the Declaration of Condominium recorded in O. R. Book 198~ at page 2833, of the ~ Public Records of St. Lucie County, Fiorida, as the same is amended in O. R. Book 199, at page 850~ of the Public Records of St. Lucie Countyi Florida~ 1~OGB?HBR ~ WITH all of its appurtenances accorc3ing to said Declaration, . ~F ~c~ ' . ~ d A~tf.• ~ - ; - ~ty Q . : ' ti. ~ ~ ~ ~ F L R~-~ a 4 S~.A.T.t ~ pv s ~ M__.___----- ,.~0 S , . - . . . ~E~ ~y~~~- ~ DOCUMEN7Ad,,,,~,~ . " ~ ~ A~' S~ J ' = ~ 15 ? 5' c~~ ~~a~''`` - 0 ~ N V oc~t.et Rt~etrvc _._-~'r ~ P.B.»o~~z ~ ~ i i i ~ rogether w;th all and singul~r tM tenemenn, hered~tamenti ~nd sppwt~nces thereunto btlagi~g w in anywise ~ppertainirg thereto, aod atl r~n», issusi, f proceeds ~nd profin scau~rg and to xuue from said preni~ses, sll of whicfi s?e included in the abave and faeyoinp description and hsbendvm. ~ TO HAVE AND TO HOID the sbove described and grsnted premises unto the pid MORTGAGEE, iri svccesro~s and aui~ns faevar. And tl+~ safd : ~ MORTGAGOR for their ~;~s, executon, administrators and eug~a, hereby covenann with the said MORTGAGEE, iri succ~uws ~nd augm, ~ ~ fhat thev arg _ u,,,,~~ny x~:td of the said prem~sa in fes si~nple: th~t tt~ ame ue frse, ckar ~nd dixMrQed from all 1'~+s a~d encvm- ~ ~ brances in law w in equity, and that they ~ their he~ ~~I~ wart~nl and defend ths titk ro the s~em to ths ssid i E MORiGAGEE, its successors snd auiqns, forever sgainst the (awf~l cbims ~nd demu~ds of all penp~s; f PROVIDED, ALWAYS thst if the MORIGAGOR shatl pay unto the NWRTGAGEE tFe promissory nots hereinbefo~e described snd shall trvly, promptly ~ and f~Ity perform, disch~rye, execute, compkte, comply with and sbide by each and every the atipulations, a~reemenb, cooditions and coven~nd of a~id ; promissory note snd of thp Maty~ge, then this Mwty~qe and tF?e Esate hereby pcated sMll cease ~nd be n~ll and void. - ; IT IS UNDERSTOOD that the word "Mortyagor" whether in the s~npular or plwal anywhere in this Mo~rty~y~, shsll be sirgular if one onty ~nd ' shall be plural jointly snd severatly if more tMo one, and that ti~e word "thei~" ss used ~nywhere in tha Mortya~e sMll be t+ken to enesn "hu;' "hen," a ~ ~ or "iri;' wherever the context w implies a sdmits. Abo, that wherover there is • referents in tFw covenants and ayreemenri ixrein contsined to any of ; ~ rhe p~?ties hereto, the same shall be construed to mean ss well as the hein, 1e9~1 representatives, succeswn and auiQro (either voluntary by ad of tlw ~ partiet w+nroluntary by operafion of the I~w) of tl+e isme and tFNt the covenants herein contained thall bind and tM benefits and adwnt~ges inwe ro the respective hein, kgal represent~tives. successors and ass°giu of the p~nies hereto. u ! And said IYlwtgago~s, fa themselves snd their hein, leysl representatives, ivccessws a~d sui9ns, he~eby jointty and severally covenant ~nd aQiee ro snd with the said MQRiGAGfE, irs iuaesson and suigns: ' 1. To pay all and sinpular the principsl and interest and the w~ious ~nd sundry swns of mo~ey paYabk by vi?tw of said promissory note, and this ~ mottype, each s~d every, promptly on tFw dsys respectively the ssrM swer~lly become d~e. ' 2. To dl ~nd si , p~Y ngvtar the tsxes, assessments, levies. liab~lities, oblqstia~s aed encvmlxancea of every natwe ~nd ki~d eow on aaid desuibed E properly, o~ that hereafter may be impacd, ivlfsred, plrced, levied, or assesud thereon, or tF?~t her~af~a may b~ levied w ~uessed upon thh Mott¢ sge, a the indebted~ess secured he.eby, esch ~nd every, when due and payabk, xcordiny to law, before they become delinquent, and befo~~ ~iryr imeieit ~ attaches or any penaity is inturred; AND tN50FAR AS ANY THEREOf IS Of RKORD THf SAME SHAII BE PROMPTLY SATISfIE~ AND DISCHARGEO OF : RFCORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTAtV~E, 7HE TAX RECEIPT OR TNE SATISFACTION PAPER OFFICIAIIY ENDORSED i OR CERTIFIEO) SHAII BE PIACED IN 7HE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and i~ fhe event that arty tMereof is not ~a6d, wt'sfied and dixha~ged sa+d MOR7GAGEE may ~t ~ny time pay the ssme w any p~rt thereof withoW waiving a sffecting any option, lien, equiry a ~~qht undcr or by virtue of this mortgsge and the full amount of eath a~d every such payment thall be immediately due and psyspk snd ihatl bea~ interd~ ; ~•om the date the~eof until paid at rate of nine per centum per annwn aod toyethe~ wi?h ~uth interest shall be secured by ~he lien of th:s mwytayt. ~ ~t~°K 2~j~ ~ ~L_ 2502 : _ ^ ~ . _r~, ~_v_.~- - ~ ~