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Home My WebLink About2476 C-563A cr S- $jb 7~y THIS MORTGAGE INDENTURE 61082-2 t:.etu:r0 c• s Z8 eery of December . A.O., 19 79 . br ' O. 3AL GALLUCCI and SRb~A GALLUCCI, husband and wife, ~~2~Q p..ty of fret sett part lherrerinaRer. called Mortgages, to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a :orpcrairon earstirig under tM laws of lM United State of America, putt' of the second part IhNeinsltN called tM AssOCratiOnl, UYtTti_SZETH, That for divMS good and valusWe consrduata+is, and to secure IM payment of tM aggregate tum of money earned M tM prxnissory note of tree date here,n.cn, f•e~ernaftfN mentioned, togetliM with interest Hereon and ell other sums of money sscurtd hereby as herernaha provided, tM Metgagor dots grant, laargarn, seu, alien, re^.se, rstsase, ce?vty end confum unto tM Astociatan, in IM siirspla, tM following tfescrrbed real erstate, of which tM Metgagor is now seised and possessed and actual possessrori, sitwte in the County o/ St • Lucie State of Florida, IergaNy described n fotbws RfCE;YfD s Olo~o'V -IN PAYMC!R OF TAXE'~ DU_ ^9 Clt.SS 'C' INTA4G bLE PiRSCrval PROPERTYr o (See Description Attached) Fur:a;,,iT TO (HATTER 7t-.: 1, ATS of roe. 5 r„oZ:2 P IT A . CL.~K CI..U.T CGURT, SL W..IE CO.. EIA. Ti,`Gc_ ; a:A :vnh all structures and improvements now end MrealtN on said land and the fixtures attached thereto, also together with ell end singular the tener*ienes hereC.:a-.c^':, rsseMnts, riparian rights and appurtenances Hereunto Mlorging, or in any wee appe::ainrrig, and the rents, issues, and profits thereol, end also all the estate r.y~,t.::•t ^ce•est and all claims and demands whatsoever, as ..ell in law as in equity, of said ktortg~gor rn and to the settle, and every part and parch thereof, and also aft gas ar•.~ a ac••~c t•x:7ret, radiators, heaters, air conditioning equ~oment, machinery, boilers, ranges, rt>~•ators and motors, bathtutas, sinks, water cbsets, water basins, pipts. la~rc:s, a:-ar plumbing and Mating fixtures, mantels, retrr3tratirig ptarx and ice boxes, window r.-ens, screen doors, venetian blmJs, stoim shutters and awnings, which are ncx ray ~rrzatt._. pertain 10 Or b! used wiH, in or on said premises, even though they tx detxhart or tfetachsbte, ue and shall be deernrd to Ix fixtures and xceuions to th+ !r!•-c:d and a part of the realty, end, i/ tM above d2urrbed property is now a shall hereafter be used for cOtrirnNtial purposes, then the furniture and turnishrngs anC any rr_tx:--!^:s thereof which may be owned by the Mortgagor anal which are now or may hereafter tx located upon the above desaibad prgprrty. TO ~ ~'f c AND TO HOLD tM same, together with aft Me estate, right, tit4, interest, homestead, dower end right of dower, sepuate estate, possession, ctarm and deman-. n-aaraver, rn law or in equity, of tM sad Mortgagor .n end to the seine, end every part thrrool, umo tM sad Associaaon in tae simple. Try _or hereby covenants vvitA tM Association than the Mortgagor K indefeasibly wired vwth the absolute and fee simple title to said property, and has Iut1 power,. and 1>wa_• aN"~rrty to sell, convey, transfer end mortgage the same; that it shall be lawful at any time Mreafter to the Association to peaceably and quietly enter upon, nave. `^l3 aM enjoy said poperty, end every part thereof; that said property is free end discharged from all liens, encumbrances, and claims of any kind, incWdirig taxes and assess.-re••rt, lx:ept the lien Mreof, which is a first site oo aid property; Hat tM Metgsge wilt ma<e such further sswrarices to perfect the fee simple title to sad property in tree Ass:rt• on as may reasonably be required; and that the 7Netgage dots hlreby fusty warrant unto tM Association tM title to said property and will defend same aga.ns::~e Tor:;eye clarets and rierriarids of atl persons whomsoever, vGw, TH=_Ri:FOriE, the ctxdition of this rriortgage is such that it the Metgago. shall well and truly pay unto tM Association, tM iidtbttdneu tv~der~ceo '.r/ that certain .promissory note, of even date herewith, made by the t~{ortgagw std paysWe io tM Assoeiaton, +.3 i'rre principal wet p4---------FIFTY-THREE THOUSAND and NO/100------------------------------- DOLLARS is 53 000 00 1, together with interest a: therein stated, payable over a term of 348 month, end yiatt perform.:ct+np:y wit~i and abide by each and every the stipulations, agreements, coridiCans end covenants contained end set forth n His mortgage end in tfte promissory note secures nerloy. sben this mortgage end tM estate hereby created shall cease and De null end void. TRANSFER OF THE PROPERTY; ASSUMPTION If all or am/ part of tM Property or an Interest tMrefn is sold or transferred by Mortgagor without Association's prior written convent, sxduding (al the creation o` a lien or eneunitsrsriee subordinate to this Mortgage, (b) the creation of a purchase rnoriey security interest for household appliances, (e) a transfer by devise, easeent a by operation of law upon the death of a joint tenant Or (dl tM grant of any leasehold interest of three years or less not containing an potion to ~urchsw, Association may, at Association's option, declaro all the wets secured by this Mortgage to be immediately dw and payable. Association seals rare waived such option to aculerats if, prior to tlse sate w transfer, Association and the person to whom the Property is to be sold or transferred reach agree:-+rn: in writing that tM credit of such person is satisfaeto?y to Association and that the Interest payable on the wets secured by this Mortgage shall be at suc~ rasa as Association shall request. If Association has wsiwd the option to accelerate provided in this paragraph and if Mortgagot'•s wcussor in interest has exa.t,:ed a written aswmption agrNniant aeceptW in writing fay Association, Associa.ion shall release Mortgagor iron all obligations under this Mortgage and tt^s Kp:e, tf Assoc+s:ionexercisesweh option to accelerate, Assxiatlon shall mail Mortgagor notice of acceleration, Such notice shat) p?ovide a parlod of not less than 30 der : s fr;m the date tM notiq is mailed within which Mortgagor may pay the wets declared due. It Mortgagor tails to pay wch wets prior to the expire ripe of sate period, Assoclation may, without further notice or derr?and on Mortgagor, invoke any remedies permitted by paragraph 15 Mreof, AND tM Mortgagor does lierfeby cOwMnt and sgtf»: 1 To pay aN and singular tM principal and interest and otfiu wets of money payable by virtw of sad promissory note and this mortgsgs. or aitMr, prompty on tM days resPectireh tM same sevaraNy become fiW. 2 To pay al! end singular tM to:as. assassrr?ents. otM? povarnmsntal leviers, liabilities. obtipatior?s and ericumbrarices of awry nature on said desuibsd property and tM related debt acquisition each and werY when due and payable according to law. before they become detingwnt and. if tM peter shall not bs promptly paid. tM Association may ere arty timer. eralterr beforer a after iierlinqusrxy. pay tM samer without wsitnng a affecting tM optan to forstdose. a any right Nreurider, and ervsry paymerrit so metier sMtl Dear interest from tM date thereof at tM rate of 1 ~j°~ pe>r arrwm.. ~ w 3 -That tM Mtxtgsge will keep atl real and personal properrty now or hereaher encumbererd by the lien of this rnortgags inwred as may Oe rerquirtd from erns to ~ = t.rrie by the Association against bas Dy fus. windstorm and otherr M:srds. casuatuss and contir?gericies for such periods and for not less than wch amounts as i ~ O ~ -+ay be required by tM Association end to pay promptly wtssri due aN premiums for such irlatarariCe. Mortgagor egress to dakwr renewal or nplscemen: c ~ot,aes of airy nature or rerplscsment certihcaas o1 inwranCa to tM Association, st least ten (101 days pile to tM expiration or anniversary date of tM ensang 5 2 Q ` ~ ~olrcies. TM amounts of inwrance required by the Associaton shall M minimum amounts for which said inwrance shall ba writtern and it sissy be incumbent ~ _pon tM Mortgagor to maintain wch addihonsl insurance ss may M nscflssary to meet and cornpht fully witA all oo-inwrartte re+gtrirernents contained m sLd m ; ol.oes to tM end that said Mortgagor is rat a co-inwror thersurder. Insurance shaft be written by a company or companies approved or dssignaterd by tM 7 . association and all pditNS and renewals tMreof shag bs Mld by tM Association. All detailed designations by the Mortgage which errs accepted by tM u,? ~ c-•• association and atl agreements between Mortgagor and AssOtiatiOn rslstitrg to mwrance. now exisartp or hereaher made. shall be in vvritirip erred attest bs a pan G ~ :,i :his mortgage agreement as fusty ss thoug!s sat forth verbatim Mrsin and shall govern both games hereto and shit successors and assigns. No lien upon any ~ _ ~ : said pOlitaes of insurance or upon any refund a return premium which may be payable on tM cancellatan a termination thereo/, shall be given to ostler then L :,e Association, except by proper endorsement sHatsd to such policy and approved by tM Associaton Each pokey of insurance sMN haw affixed thereto a ~ ~ - S:aa~ard New York Mtxtgsgta Gauss wrthoot ContnbutiOn. making aN bas or losses under wch poker psyabb to tM Association as its interest may appeal r J ~ ~ ;nor event arty wet or wets of money become payable tMrsurtdsr, the Association s':all have tM optan to raceiw acid apply the samer on account of tM in- ~ ~ j ->.~ta .Hess hereby secured, or to permit the ?da:tyapor to receive and use it. or any part thueof, without thereby waning or impairirp any equity. ken or right - ^C>r and by virtw of this mortgage In event of loss a physical damager to the mortgaged property. tM Mortgagor stwtf gore immediate notice ttiererof by mart c ~ p :o ;~a Assoaation ind the Association may male proof of bas if the same is rat made promptly by tlis Mortgagor. In event of feeclowre of this mortgage. e ---er :ranster of title to tM mortgaged property, in sxlinguishment Of the irde~tedness secured hereby, atl right. title and interest of the Mortgagor in and to ~ ~ s'r •~c,:ran:.e pdicies then in forts shalt pass :a the purchaser or grantee. The !tortgaaor further agrees to abide by the rules acd existing reputations of tM vim' .:;>>c:a;.gin, m corwisction with regwrsd insurance coverage of tM property harem encumbered. t Paragraph 4 and those which follow are cenrainad tart tM reverse side of this mor•,ga~e and M reference are incorporated into tM body of this mortgage. Tt. •>•-s '.'o••g.:;or and Associatan, whenever u:!t1 m :His instrument, shall include the Aeirs, personal representatives, successors or assigns of the respective parries ~>•e•^ A`.-;:a' s>•f, the singular number shat) inclu7a the pietas and He plural the sifiguiu, and thr use of any gender shall include atl gendrrs_ i n:T•: _ S ?I*4~REOF, these premises hate been executed or? the day and year first afaove yW is S 5:.~ 5t a ed ant: delver m tM presence o1: _ _ _ ISEALI ~ ~ , , ~ GALLUCC I t Ll./ l~ ~ /J~2~d ~ ~ _ ISEALI ERRA GALLUCCI (SEAL! ISEALI FLORIDA STe LUCIE ; S*s;= r,: COUNTY OF a_ t, ~ 28 December 79 ~yf'i~ , nvrument was ackntiwtedq!d lxfore n-.r this day of , 19-_ by SAL GALLUCCI and ERMA GALLUCCI, husband and wife, ~tn~~. ; ' ~'~r;~t ~ :i ~t f.r: - - - - - FLORIDA . ,y, f Notary Public, St to of , ' r ' 1 ~!~'~?V ~ • sty ; +.n.r,J~A AT-IARSE C. . Q, 19?9 BGOK PAGE2~U E~~r.~.~ ;is:.J!„E-~~ - ..Ln..?1n5. C:i::S~ C,4TE.^S