HomeMy WebLinkAbout0666_. - soon 25 ~act~fi
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~. To place end continuousN keep on tlse btpldlegs tuow or Mneher eitwN on t-eid ktd end on all equipntear and personally cowed by thin mortg-
age, with ell premiums thereon paid In full, fIn Mtstrrar-oe h the ttswl sterdard polky form, M • eum appovad by the MORTGAGEE, end windstorm
imwance In tM usual sundard polio fatty M e aunt epprowd by rite MORTGAGEE, N moth cornpanY or companies u tM MORTGAGEE may
directs end ell fire and windstorm. {mwxtq policies on any d acid bulbtirtps, any Mlxest thxein a part tMrwf, in tM aggregate sum aforesaid w
In excess tMreol, atoll contain tM usual standard mortgagee clause a ouch other ciaua u tM Mortgagee may require, making tM bss under said poll•
ties, each and every, payable w aid MORTGAGEE N i» inlxeN nteY ePWar. ardlach end every moth policy sMll M promptly assigrted and delivered to
any MId by said MORTGAGEE as furtMr acwity ro aid mortgage dart, and not law then ten (10) days in edvanu of 1M expkation of each policy, ro de•
Uwr to said MORTGAGEE a renewal tMreof, togetMr wNh a realpt for tM premium of torch renerrel; end 1Mre shall be no fue a windstorm Insurance
placed on sett' of aid buildings, any tntxest thxdn or part 11+ereof, unless in tM form end with 1M bas P.yabk as etoreaidt end in tM went anti sure
of mover becomes Payable under such policy a policies wid MORTGAGEE slsall haw tM oPHat to receive end apply tM same °^ account of tM ktdebred-
ntss secwed Mrebr or q Permit wid MORTGAGORS to reulve end use it a any part tMrsof for otMr purposes, without tMaby waiving a impair•
Ing any equity, lien or right under or by vlrtw of M» n+orsWget end In dse wart aW MORTGAGCRS aheil for arty nfeon fail ro elm venMlr iidfa or In srtt-
Inwred, or fall to deliver promptly any of aid polkks of ieyyranu ro aid MORTGAGEE, or hll promptly to p.y ully enY Pr
respect fall a perform, diseMrge, execute, effect. complete, centph with end abide by tMs twvenent, a any part hreof, aid MORTGAGEE may plea and
pay for tuck imurance a any pert thxeof wlth6ul waking a affecting any option, Ike, equity, or right undx a by vlrtw of this Mortgage, end tM
full amount of each end every such payment shall M itsunadlahly dw end psyabk end shall beer lntereat from the date thereof until paid ar tM rate d
nine per centum per arvswn and togethx with such intxat shall be secured by fM Ike of th4 mortgage. -
1. To permit, corrtertlt or suffer no waste. impalement or deterioration of aW properly or any part thereof.
S. To pay ell end slrrgulx tM cos», charges and expenses. including a nasornbh attorney's fee end oor» o/ ebnac» of title, Incurred a Wid x
arty time by aid MORTGAGEE, becaua a In tM event of tM failure on 1M part of Ilse said MORTGAGOR to duly. pranptly end fully Perform, dixhargq
execute. effect, compleh, comply with and abide by each and awry tM stlpulxiom, agrearmn», conditions. end •bl~et wMther for ~ there be notk t~
mortgage arty a either. and aid costs. chxgea and etepenwa, tech and every. atoll be lmmdkhly dw and WY
mend, attempt to collect a wit perdingt and tM full antourtf of each and very such WY^w^s sMll box Intxwt from tM dah thereof until paid at tM
rate of nine per centum per anrwm; and all said costs, cMrges and expenses inewred or paid, togetltar with sud- Mtxest, shall be aecwed by tM lien of this
mortgage.
6. Tftat (at in tM went of anti broach of thh Mortgage a defauN on tM part Of tM MORTGAGOR. or tb) in the evert any of aid awns of monry
Fwrein referred to be not prontpNy and fully paid within thirty l~0) days next aft~tM same amorally become due and payable, without demand or notice,
or (ra in tM event each and every tM stipulatiom, agreements, corditions end oovenan» of aid promissory noh end this morgage enY or either an not
iuly, promptly and fully performed. dixhxged. executed effected, completed, complied with end abided by. then in ether or any such wem tM aid ag
gregate sum mentioned in said promissory noh tMn remainirq unpaid, with IntaNt accrued, and all moneys secured hereby, atoll became dw end t»Y'
able forthwith, or thereafter, at tM option of aid MORTGAGEE, as fully and completely as if all of tM~jd sums of ~neYlhereafterpau1atMs~pu~ted
to be paid on such day, anything in said pomisaory noh or in this Mortgage to 1M contrary notwitMtandi and thereupon pr
said MORTGAGEE, without notice or demand, suit N lew a in equity, thersfore or tlseresNer begun, may be prosecuted as if all moneys seared hereby
had matured prir>.' to its insl:'• ''on.
7. That in 1M event that at the beginning of a at any time pending any wit upon this Mortgage, or to faec~mcrtit of s e[cvrcr, su h Court sMl1
payment of any claims hereunder, said MORTGAGEE shell apply to tM Court Mving jurisdiction thereof for the • of ts, issues and revenues from whatever
Forthwith appoint a receiver of said mortgaged property all and singular, includuq all and singular the income, p
source derived, exh end every of which, it being expressly understood, is hereby mortgaged as if apeciMC+^ly ssefentrusted by • Courtrto as Receiver, and
habenrlurrt clauses hereof, and such Receiver shall Mve all tM b-wd and effeoivs functions and power Yw _
axh appointment shall be made by such Court as an Witted eq« o ~ rnewhhrtty « iosotiency of aid MORi 1GAGOR Ea tM dafend+ tsefarnd that such
adequacy or insdequacy of tM value of tM property gaged t of aid MORTGAGEE and tM praciice of such
rents, profits, irttorete, issues and• revenues sMll be applied by such Reulver actordirq to tM lien a equ'ry
Caxt.
t comply with and abWe by each std every tM aipulaYtorsa, agreernen».
8. To duly, promptly and fully Perform, discMrge, execute, effect, comply e,
conditam and eovenams in said promissory note and this rnortgege at forth. -
9. Thx in 1M event the ownership of tM mortgaged premises, or any Part thereof, becomes vested in a person other than 1M MORTGAGOR, tM
MORTGAGEE, its successors and assigns, may, without notice to 1M MORTGAOR, deal with such successor a successor in intxest with r~ K ~ 1Ohere-
mortgage and the debt Mreby secured in tM some manner as with Mortgagor without In aryl way vitiating or discharging tM Matgagd ~Y
under or upon tM debt hereby secured. No ale of 1M premises Mrcby mortgaged end no forbearance on tM part of tM MO(tTt~AGEE 'its fltccassors
or assigns and no extension of tM time fa tM payment of tM debt hereby secwed given by tM MORTGAGEE a its sucusforsldr aairertf,~fdldl bpeta~e
10 rakes, discharge, modify change or affect tM original liability of tM MORTGAGOR herein, either in whole or in part. : ,~' +'~ b t,
10. It is specifically agreed that time b of tM essence of this contraet and that rto waiver of anti obligation hereunder~r Of ~ i t
awed hereby atoll at any Ytme thereaher be MW to M a waiver of tM team hereof or of tM imtrtxnent Y• : ~: ~ ~ ~ ~C.. ~ :.;
IN WITNESS ER , tM said MORTGAGOR Ms Mreunto Nt his hand and N1~VIZrTi K f OR r t' s
, St and Iivxed M tM p: of: Yt
B~ _ a.
V ,:
• Attest ~ ~
_. ~ ~ ~ 9
ts.aq
STATE OF ~`~%~~ COUNTY /1~i7u' yo~iC
I HEREBY CERTIFY, That on thi ay of ` , A.D. 19 ~~
before tTle persorNlly appNred and -~ L L r
respectively t~ and s Secretary - --- of
.»1~.. ~ `ys _ ~.~/~r~iarf"iT el/~s ~L Q.c! D.~ Corporation, to tree
know ton be the person dssaibed in and who executed the forpoifp instrufllent, and sjeverally acknowledged the exe•
colleen thereof to be their free act and deed as such ofHaars for the uses and purposes therein mentioned: sect that .they
'k i •
affixed ttlereto.thU offidal :eel of said oorporatkofl, and the said instrument Is the act and deed ,of .ssit~>aoory•:_---
hand and offidal seal at .. ,-,
1~IITNE~S ~ -H~`A, R-OIQ SAUCS _ ~ •T : ~.+ , ,.,, • : a .
fLbhc, $tat4 of New York ~-, • »
hb. 3P6735200 ~ _ _ Scat! and ~_ ~- ... t
# QYeltlied to Nassau County ~~, f r •~ • ,. •
u., sr.OfrMnission lycpiraat ,.., ~ :.. ...',"~,~ '
Cerpfiute F~lad ~ _
Mar yak ~Aw+sl' Uerk's G!i • 10 ~ 7 4 ~
Two E+pina March 30, ~~ li~?fi , , '
.. r ..~s
f _~ ~ ~.4,'"L'~~ :.. ;:. •~ 1961 DEC 22 PM ~ 25
w . f~~~. .`';' r' ROGER POITRAS, CLERK ::'
- ~:' _'•~ _ '~ :•'.~,,~~~• !1. l~~IE C9UN11~F1.9RIDA
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