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Home My WebLink About2021 Jt:- C-317A mab s "t THIS MORTGAGE INDENTURE Loan #54385-2 Executed this 9th dry of April . A.D., t9 79 • ~ RICHARD H. McAuliffe and RUTH J . McAULIFFS, husband and wife, Dar4? of the first part (hereirielter called Mortgegorl, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corporation existing under tM laws of tM United Suter of America, party of the second part ihereirrslter tslNd tM Associationl, WITNESSETH, TMt to: divers good and vMuabM considerations, and to secure the paymerit of the sggregete sum of monhy named M tM promissory note of even date herewith, hereinafter mentioned, together with interest thereon and all other sums o1 money secured hereby a hereinafter provided. [he Mo•tgpor don grant, bargain, sell, slier, remise, release, convey end confirm unto dte Aaociatan, in fee swrtple, the folbwir?g detuibed real mate, of viRtich tM tilortgaga n now lazed srd possessors ant in actual possession, shwa M the County of sSt • LuC ie , State of Flpida, legally rtescrrbed efabws: Condominium Parcel No. 3621 of BEACHTRSE I CLUSTER as per the Declar- ation of Condominium thereof, recorded in Official Record Book 296, Pages 1438 through 1510, as amended by Certificate of Amendment, recorded in Official Records Book 300, Page 212 to 221, all of the Public Records of St. Lucie County, Florida. TOGETHER with all structwe and irrtprovements now and lterestter on said Iarrd and the fixture attscMd the{eto, also together with all and sirgutsr the tenements. herrtditarrrents„ easements, riparian rights and appurter?arices thereunto bebrging, or in any wise appertaining, and the rents, issue, and profits tlieraot, and a1w all the estate, right, title, infant and ell claims and demands whatsoever, a well in Iaw a in equity, of said Mortgagor in and to tM same, end every pert and parcel tltersof, and also all gas ant electric fixtures, radiators, heaters, air conditioning equi{tntent, rrtaehinerY, balers. ranges. elevators and motors, bathtubs, sinks, water closets, water basins, pipes, fauctts, and other plumbing antd heating fixtures, mantek, ntrigeratirg plans end ice boxes, window screens, sueen doors, vertetiert blinds, storm shutters end awnings, which are now or may MrNtter pertain to rx be used vwth, in or on said premises, even though they be detached es nfetachsb4, xe end shall be deemed to be fixture and accessions to the freehold and a pert of the reslry, and, it the above described poperty is now w s'iall hereafter be used for comniercisl purposes, then the turnitwe and Iwmshrngs and any replacements thereof which may be owr?ed by tM Mortgages end which are now es may hereafter be located upon the above described property. TO HAVE AND TO HOLO the same, together with all the mate, right, title, interet, homestead. dower and right of dower, separate estate, pnxsessiori, claret and rferrtartd whatsoever, in law w in equity, of the pd Mestgages in errd to the same, and every part thereof, unto the said Association in tee simple. TM Mortgagor hereby covenants vwth tM Association that the Mwtgages is indefeasibly seized wiM the absolute and tee simple titN to said property, and here full power, and Iswtuf authority to sell, comrey, trsMter end rrtortgige iM same: that it shall !k lawful at any time herNlta to the Association to ptwceably and quietly enter upon, have, hold end enjoy said property. and every pxt thereof; that said property is free and discharged from all ItMS, encumbrances. and claims o1 any kind, in:ludirg taxes and assessments, except the lice hereof, which is a first lien on sad property: that the Mortgages will make such further aswrances to perfect the fee simple titb to said property .n the Association as may reaso+raWy be required; and that the Mortgagor does hereby fully warrant unto the Association the title to said property and will defend same against the mestgage claims and deniards of ell persons wtiomsaever. NOW, THEREFORE, the condition of this mortgage is such that it the Mortgagor shall welt and truly pay unto the Association, the indebtedness evidenced by that certain promissory note, of even date herewith, made by the Mortgagor end payable to the Associatinxt, in the pnncrpal vim Thirty Six Thousand Three Hundred and No/100---------------------- DOLLARS Is 36, 300.00 1, together with interet as therein soled, payable gt!er a te+m of -----348----------- months, and shall perform, comply with and abide by each and every the stipulations, agreements, conditions end covenants contained and set forth in this mortgage and rn the promiuory note secured hereby, than this nriatgage and the estate hereby utsated shall cease and be null and void. AND the Mortgages does Mraby covenant end spree: t . To pay aq and singubr tM principal end int and otfter sums of money payable by vutw of sad promissory note and this mortgage. rx alter, promptly on tits days resPSCtivelY tfta same aeveragy f>sw~r s dw. 2 To pay aq end singular fns tasees. aeagsrtsartts. other govemrrterttN Isries. habiktiss. obligsttorrs and encumbrances of awry nature on said described property and the related debt soquisition each and every wMn dw and payabN according to Iavir. before they bscoms dekrrquent end. i1 tM same shau not be promptly paid. the Assoaation may st any time. either beforo or attar dakrtquertclr. pay the same without waiving a sftectirtg the option to forscloss. a any right Hereunder. end awry payment Ito made shag bear interest from tM date dtsnoi at the rate of ten per cent (t0%1 per amtrrn. ~ 3 That the Mortgagor vial keep aN real srd personal property now a tterwfter ertasmbered by tM ken of this mestgsgs irtsixed as may bs required from Hme to .O ~ ~ tlms by the Association against bas by fin. windstesm and other fiszards. Gsualtiss srd contingencies for such periods and for not Iess then such amounts ss ` may bs requirud by the Association and to pay promptly where dw aq premiums for such irisurariee. Mestgsges sprees to deliver rertewsl or reptacerrterit ~ O (n pokcies of any naturo es replacement inrtifieates of insuranw to the Association. at feast ten ItO) days pier to tits sapustion nx smiversary date ot.ttie sxisbrtg e . ~ polraes The smouns of insuranp required by the Aissociation fltaq be mirtimum amounts for which sad insursrtee shag bs written and it shell be incumbent ~ ¢ y ~ upon the Matgsges to maintain such additional inwrsnp ss may ba necessary to meat and comply fully with sq oo-inwrsnos rerpnremsnts uorttainsd in said a Z y M policies to the end that said Mortgages is not a co-irtsirror ttterewtder. Irisunrtce stink be written by a tbtttWnll es oompaniss approved a rlosigriated by the o~ ~ ~ M Association and aq agrearttents bebetween Mortgagor and Assowtion nlatirq w insunna. raw~exa~wrq~a hereafter tmads. shsU bpi in w~riUnp and stwN bsbi part 3 ~ ~ of this mortgage agreement ss logy as though sat forth verbatim ftersin and shag govern both parties hereto end their stscussors end assigns- No kern upon any . w O 'r` of sad policies of irtwranq or upon any nttlrtd es return prenwum which may be payable on ihs earscegation a tsrmwution tfterisof, shall be given to other than O the Assoaation. except by proper erdorsemertt affutad to such pokey and approved by the Atuociation. Each policy of insurance shag haw affixed tftereto a ~ u T ~ ~ Standard Nsw York MoKgagas Clwsa without Contribution. making aq bas a tosses order suds policy payabN to the Association as its interest may appear. ~ ~ ~ In the event any vim or sums of money become payable dtsreunder, tM Assocation shag flaw ttis option to receive and apply the earns on account of the in- ~ ~ y ~ debtedrisss hereby secured. or ro permit tM Mortgage to risceiw and use it. or any part ttiitroof. without thereby waivirq or impairing lily equity. ken es rght N O ~ .gym. under and fay virtue of this mortgage. In event of loss tx physical damage to the mortgaged property. the Mortgagor shall give irrirnediats ratite thereof key mail = Q O ~ to the Association-end ttN Association may rtiake proof of loss d tM same is rat made promptly by the Mortgagor. In event of forecbwro of this mortgage. es other transfer of title to tM mortgaged property. M extirsguishment of tM &idabtttdrtess secured hereby aN right tide and interest of the Mortgagor in and to any irtsirnnce polices then b force shag pass to the purchaser or grantee. The Mortgages further agrees to abide by tfis rules and atistntg regulations of the ! t ~ O Association. m connection with required irtsursnee co'versge of tfis property herein erteumbered. ~ n: . ~ ~ Pr.a~ve;d ! In Peymimt 0i TaiJCe! / Oue On Class "C" IntangjblePeraortalPrvperty, - j'f S Purbuant To Chapter 71, 134, AcisQf 1871. c ROGER POIfliA$ Ci~rlt Circuit Court, ~ut~ Ca. FM. 4 Paragraph 4 and those which fogow errs eonwrisd on tM reverse side of flier mortgage and by reference are iritbrporsted into the body d this mortgage. . _r The terms Mortgagor and Assnxution, whenever used in this instrument, shell include the heirs, personal representatives, wccessors es assgns of M partin hereto. Wherever used. the singiilsr number shall include the aural and the aural the singular, and the use of any gender shell include all genders. ~ ~ IN WITNESS WHEREOF, these premise haw bee executed on the day and year first above written. Sgried and dNiver the presence ot: j~ /i n - ~ i and H. McAuliffe ' ~ _ , - - Ruth J. calif a _ 4.~ •''7 f. (SEALI STATE OF FLORIDA COUNTY OF MARTIN - 9th April 79 RICHARD H. ~ The fpegoirg iristrurrtent was acknowfedgad bttore me Mil day of , 19- by McAULIFFE and RUTH J. McAULIFFE, husband and wife, ~ j i - I~END~ER My comrmssion expire ~T/iRY a '.K STATE OF FLORIDA AT L~ K. ~ Z ~ MY COMMISSION EXMRB SEPT 5 1980 - !'ytfoEO,TtrtvG'B~IfJtAt.~.UPIoEt1Y?•ftt.I~, ~ Florida Notary Public, Sut~ of !!rr,, nn _ - - _ - ~