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Home My WebLink About2430 S GG~/c, ~ C_269A kc THIS MORTGAGE INDENTURE 4638 53442 -2 / E.ecuted this 5 deY of arch , A.D., 1979 ,lay John P. O'Malley and Ann Marie O'Malley, husband and wife party Of IM hrsl parr (MrfrMflN called Morlgagorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corpwatron aarstrrtg under tM laws of tM United States of America, party of IM second part (nererniftN called the AsfoCratrOnl, WITNESSETH, TMt for dryers good and valuable consrderauons, and w secure the payment of the aggregaa vein of money named m the promissory note o1 rven Bete nerewrth, hereinafter rttentroMd, together with interest thereon and all other wins of money secured MrtbY at Mrernalter prorrdW, the Mortgagor does grant, Gar yarn, xll, amen, remise, release, convey and conlrrm unto tM Associauon, rn lee trrtrpk, tM following described real estate, of vvhrch the Mortgages rs now sewed and possessed anal rn atrual posseuan, situate m tM Counly 01 St . Lucie , SIa1! OI Florida, legally dexnlrlrl as follows: Condominium Parcel No. 5320 of Golf Villas, a Condominium as per the Declaration of Condominium theai•eof, recorded in Official Records Book 302, Pages 1250 through 1326, all of the Public Records of St. Lucie County, Florida. •t TOGETHER wrlh all siructwes and rmprovaments now and Mrealter orr said land and the fixtures attached thereto, also together with all and singular the tenerxnts, nereditarrsents, easements, ripuran rights end appurtenances thereunto bdongrng, or in any verse appertainrrg, and tM rents, issues, and profits thereof, and also au the estate, ~ghe, title, interest and all claims and demands whatsoever, as well in taw s in equity, of said Mortgagor in and to the same, and every part and Parcel thereof, and also all gas and electric fi,rturs, radiators, heaters, air conditioning equipment, machinery, balers, ranges, elevators end motors, bath[ubs, sinks, water closets, ware basins, Drees. faucets, and other Plumbing and heaurg Irrrturs, mantels, refrigeratirg plans end ice boxes, vwndow acrtens, screen doors, venetian blinds, slam shutters and awnings, which are now or may hereafter pertain to or be used with, in a on said premises, even though they be detached or detachable, are end shall be deemed to be li¦turs and acceurons to the freehold and a part of tM realty, and, H the above described property is now a shall hereafter be used for commercial purposes, then the furniture and lurnishrngs and any replscernents thereof vrltrch may be owned by tM Mortgagor and which art now or may hereafter be located upon the above rftscrrbed property. 70 NAVE AND TO HOLD the same. together with ell the estate, right, tick, interest, homestead, dower and right of dower, separate estate, possession, claim and ~famand whatsoever, in law or in equity, of tM said Mortgagor m end to eM same, and every part thereof, unto tM said Association in fee simple. The Mortgagor hereby covenants with tM Association that the Mortgagor is indefeasibly sewed with tM absolute and fee simple tick to said property. and has full power, and lawful authority to sell, convey, transfer and mortgage tM same: that it shall be lawful at any time hereafter for the Association to peaceably and quietly enter upon, nave, hold and enjoy said p•oPatY. and every pert tftereof; that said property is free and discharged from all bens, ertcumMsnces- and clarms of any kind, including tarts and assessments, except the lien Mreof, which is a first lien on said property. that the Mortgagor will make such further asw?ances to perfect the fee simple [ilk to said property .n the Assocrauon as may reasonably be required; and that the Mortgagor does hereby fully warrant unto the Assocation the title to said propdty end will defend same a~amst the mortgage clarms and demands of all persons whomsoever. NOW, THEREFORE, the condition of this mortgage rs such that if tM Mortgagor .shall vvNl and truly pay unto the Associaton, the indebtedness e~~denced by that certain promissory note, of even date frerewuh, made by the Mortgagor and payable to the Associaton, m the Dnncrpal win THIRTY FOUR THOUSAND, NINE HUNDRED--------------s DOLLARS 34 , 900.00 1, together with interest as therein:rated. payable ore: a term of 348 months. and shall ;xrform, comply with and abrk by each and every tM saputations. agreements, conditions and covenants contained and set forth m this mortgage arsd m the promissory note secured hereby, then this mortgage and the estate hereby created shall cease and bt null and void. AND tM Mortgagor does hereby covenant and spree. 1 To pay all end sartgtt4r tM pnnppal end interest and other wins of money paYStsk by virtue of sad promissory note end this mortgage. or either. promptly on the days respectively tM same sevsraNy become due. 2 To pay alt and singular fns taxaa. assessments. other govemmenul levees. Irsb+htas. oblrpatans and encumbrances of every nature on said dsscnbsd property and tM related debt acquisition each and every when dw and D+YabN accordrnp to law. before they become delinquent and. d tM same shall not be promptly paid. tM Assocutron ntaY at any tiros, either before Or aker tlNrrtquency. pay tM same rvrthout warvtnp or aNactrnp tM option to foreclose. a any right Mreurder. and every payment so made shall Dear interest Irom tM date thereof at tM rats of ten per cent I10'KI per annum. 3 That tM Mortgagor wrp keep all real and personal property now a Mreaftsr encumbered by tM Iran of this mortpape inwred as may bs regwred from wine to nine by the Association against loss by hrs. windstorm and other hsnrds. uwalbes and conbnpencres for wch periods end for not less than such amounts as may be required by tM Association and to pay prtxnpW when dw all prsmwms for wch mstuance. Mortgage sprees to deliver renewal or redacemem polecres of any nature or replacement eartifieatss of rnsursrtu to the Association, st least ten 1101 days pray to tM eapiretan or snravsrsary date of tM e><istrng T ~ m policies TM amounts of inwrartu required by tM Assocatan ftlsall be minimum amounts for which sad inwrartce shall be written and it shall be incumbent C m upon [M Mortgagor t~ maintain such adddional inwrsnee as may bs r:ecessary to meet and comply fully with ell co-inwrance requirements contsrrted in sad p polices to tM end that sad Mortpspor is not a co-inwror tMnunder. tnsurancs sMll be written by a company or companies approved o? designated by tM C d Associatan anJ ell policies and rsnewab thereof idtall bs MW by tM Assocatan All deviled designatans by tM Mortgagor which errs accepted DY tM a Q ~ Asstxiatan and all agreements betvreen Mortgagor and Association mlabrsg to inwrance. nOw eirstitlg Ot hereafter made. sftall be in wnbnp end shall be a part - of this mortgage agreement as fully as though set forth verbatim Mrsin and shall govern both parties hereto and tfteir strcussors and assigns. No ken upon any ~ Z ~ M of sad pdicies of rnwrartce a upon arty refund or return premium which may bs payable on tM cancellation or terminatan thereof. shell be given to other than f ~ oa ltf tM Association. a:cept by proper ertdorsement affixed to such policy and approved by tM Association. Each policy of insursrtu shell have affixed thereto s ~ 'O Standard New York Mongapee Clause without Contribution. making all loss or tosses wilder such policy payable to tM Assocstan as its interest may appear. ~ W O In tM event any win or sums of money become payable thereunder. tM Association shall Mve tM optwn to reuivs end apply the same on account of tM m- = pD ~ undet6 end by virtue of this mortgsper~ eve M lo~o? Physical damage to tM mortgaged property. tM MortgspawsMH give imm radiate notice thereof by ma I ~ ~ to tM ASSOCiatrOn and tM Association rnaY make proof of loss if tM same is not made promptly by tM Mortgagor. In event of foreclosure of thn mortgage. or ~ ~ ? other transfer of title to tM moripapsd property. in a:tirtpuishment of tM indebtedness secured Mreby. ell right. btb and interest of tM Mixtpapor in and to f rip any mwrance parses then in force sMll Pass to tM purcMSer or grantee TM Mortgagor further agrees to abide by tM rules end szisunp regulations of tM Q ~ (+n Assocratar.. in connection with required irtwnrtu coverage of tM property Mresn encumbered. p- > 3 ~ ~ Received 8 o ~ to Paymf3nt O` Ta s f ~ ~ ~r r r:.~ e: ri. Due On Class "C" Intern ible Qersi Pursuant To Chapter 71, 134, Acts Of 1971. ROGER POITRAS `~'a` - Clerk Circuit Court, St. Lucie, Co., Fle. ~ Paragraph 4 and those which foNow errs contained on tM reverse sde of this mortpape and by referertu srs rrtcOrporatad into tM body of this mortgage The terms Mortgagor and Association, vvitenever used in this instrument, shall include tM Mus, personal representatnes, successors or assigns of the respertrve parties hereto. WherevN used, the singular iwmbe+ shall include Me Plural and tM Plural the siryular, and tM use of any gender shell irKli?de all genders. IN WITNESS WHEREOF, these premiss hew been executed on the day and Year first above w?itten. Sryr~, sealed and dNivleredri~ prase ce o r ,y ~ ` ~ ~ ~ ~ "L„•' i ~G~ ISEALI . O' LEY ~ f - ~ ~ : ' ~-~iC.r ~~1~-t % ~~.G ISEALI MARIE O'MALLEY =7 ISEALI _ ISEALI i t ~v ~ Y, ;TnTE OF FLORIDA CouNTY of ST _ LUCIE • day of _ arch _ , t919 by ' JCa711Lc The foregoing instrument was acknowledged before me this JOHN P. O'MALLEY and ANN MARIE O'MALLEY, husband and wife ~ itf R - / _ ' _ _ ( MY commission esPues ~ rjlpt a Ry P , ' K STA ` - - MT fOMMIS4a~ ~ 5@T - 6/9SD ~l . `tr10fD IF~1 G7~ ~~t,ygiERS Notary Public, State of ° ~ 3U5 j~4r.~ 2425 90Gr