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Home My WebLink About0835 , To pl~ and oontinvoesFy kNp on tl+~ bviid~nps now w ANNNK ~i1Wt~ Off ~ifJ 1~~ ~Ild 011 ~II lqViprnl/N ~fld plfWniliy COVK~ ~ tI1~ ~IW?1~ ~g~. with all premivml thereon piid in fuil, firo i~wranc~ in ~he uswl ~undard polky form, in • ~un+ approwd by th~ MORiGAGEE, and wi~dttorm u,sunnc~ in tM ~nwl iundud polky fam, L+ a sum ~pproved by ~M N10kTGAGEE, in svcA c«np+ny o~ con?P+ei~s +s ~I?~ MORTGAGEE may di.sctt and dl fit~ and wir+dstorm iniwanu policies on any of said buildinp~, any int~rpt t!»rein or p~rt Ihereof, M tl+e +pyreQ~t~ win ~forss~id a in ~xcess tMrwf, shall eontain ths uswl standard matyage~ clavs~ w ~uch o~her clause ~s tM Mortyagea may ~pu'a~. maAinp th~ bss w~dK wid pdF cia. ~ach ~nd w~ry. p~Yabl~ fo s~id MORTGAGEE aa its intereit may appear, ~nd eacA and ~very iuch policy ihall be pranptly +q~9ned and deliver~d 10 ~ny MW by aid lMORTGACsEE a~ fu~the~ secu~ity to said mw~9s9e debL and, not Itss thu? ten l10) days in advsnte of tM expiratioe~ of eath polity, to dN I~vN ro said MORTGAGEE • renewal ~herwf, tope~h~r wi~h a ~ece~pt fa tM premiwn oi such renewalJ and the~~ shall be no fin w winds~am inwranu pl~c~d on ~ny of said buildinys, ~ny intcrett 1Mrtin ot p~rt thereof, unleu i~ tht form and with the lou psyabl~ at atats~id; and in th~ ~v~n1 a~y wm of mon~y beca~ws p~yabl~ w?d~r wch policy w policies sakl MORTGAGEE ~hall 1»w ~h~ option to receive and ~pply ths same on ~ccov~+t of ths Indebted- nsu sKw~d Fwr~by o~ a permit said MORTGAGORS to reteivt and uss it a ~ny parl thereof ia othcr purposes, withoul thsreb~ waiving o~ impair- inp any p~iry, IiM or ripht unda or by virtw of this mortgspe; and in tM ~vent ~aid 1NORTGAGORS shall fw ~ny reason f~il to kcep the said pr~mises so inaurad, w fail b deliver promptly any of said policies of insur~nce ro aid MORTGAGEE, or iail promptly to p~y fully any premium the~efor a in ~ny r~spect f~il b p~rfam, dixhar9e. executs, effect, complete. comply with u+d abide by this oovenant, or ~ny part Fwrwf, said MORTGAGEE may plsce +nd p~y fw wd+ irawurce w any put thKeof without waivirg w ~ffactinp any option, li~n, puity, a riyM under w by virtw of this Mort~sp~, ~nd tF~e full amount of each u+d ~w~y wch Wyma+t sh~ll b~ immediately dw and p~y+bl~ and shall besr interest from tM dat~ thereof ~~til paid at the ~ab ol nins pe~ centum pK strwm u~d togethe~ with wch ioterest ah~ll be secu~ed by tM litn of this mortpape. 1. To pKmit, oannwt or suffar no wast~, knpairment or deteriw~tion of said property or sny psn thereof. - . S. To psy dl ~nd ~ingu~u tM costs, cha?ges u+d expenses, incl~dinp s ~easooabls ~nomey i fes and co:ts of ~bstncts of ti~le, incur?ed o~ paid{at sny time by said MORTGAGEE, becsuse or i~ the event of the failure on the pan of the said MORTGAGOR to duly, promp~ly and fvtlY paform, d~schar9R exaut~. eifeq. oompkt~. oomply with and ~bide by each and every ths stipulatans. ~greements. conditions, +nd mwn+nn of uid promissory rate and thit mort9ap~ u~y a eitha, and taid cosn, chuges ~nd expeoses. each and avt~y. sh~ll bs immediately dve and psyable; whe~her w not ther~ be ~~otics da mand, mempt to colktt a wit peeding; and the full amovM of esth and evsry such paymeM ~halt bear intetest from the d~te thereof until paid at the rate of nine per centum per annum; and all iaid costs. charges and expenses incvrred w paid, togethe~ w~th such intK~st, ~hall b~ a~cured by tM lien of thit mort~~p~. b. 1Mt (a) in the event of any bresch of this 1Nortgsps or defavlt oa the part of the MORTGAGOR, a(b) in the event ~ny of uid sums of mon~y heroin refernd to bs not promptly and fully paid within thi~ty (30) daya next afrer the san+e severally becoms due and p~yable, without demand or notice. or 1~ fl+s ~vent exh snd every tAe stipulations, agreemenb, condiYans ~nd coverunts of a~d promiuory r?ote and t6~s mwtgaye sny w either ~rt no1 ivly, prompHy and fully performed. discharged, exe2uted. effected. compl~ted. canpl'~ed wi~h and sbided ~ay. then in either w ~ny such event tM said ap~ preyst~ wm m~ntioned in said promissory note then remaining unpaid. with iNerest xuued. and all moneys setured. Fkreby. shall betoma tl~e and pap~ ~bl• fwthwitly w thersafta, at the option of said MORiGAGEE, u fully ~~d completely af if all ot the ssid wena of mw~ey were wginslly stipulated ro b~ paid on wch day, anythinp in sa~d promitsory note or in this Matg~ye to the contr~ry no~wi~hstandir?~; and thsrwpon w there+fter a~ the op?ion of wid NWRTGAGEE, without notice a demand, wit at I~w or in equity, theref«e w thereatter bepun, maY b~ prosecut~d ~s if ~II mo~eys s~wnd hereby had matwed prior fo in irotitution. 7. TMt i~ tM fYMf IAaT aT 1F1Q ~IM1119 Of or +t any time pendiny sny suit vpon this Mortgsge, a to forsclos~ it, or to ~efwm it, or to enfac~ payment of ~ny claims Aerevndcr, said lNORTGAGEE shall apply to the Coun Mving jurisdKtion thereof fa tM appointment of a Receiver, such Court shall forthwfth appoint a reuiver of s+i~ mort9aged p?opertY all snd singular, i~cludmg all ~nd singular the incoms, profits. issues and revenues from whatever sourte derived, esch and every o# whith, it beinp expressty understood, is hereby matgaged as if spet~tically set fath and deWibed in the yr+ntinp and habcndum cla~nes Aereof, ~nd such Receiver shall have alf the txoad and effecrire funchons anei powers in anywise enirusied 'oy a Couri i~ a Re~aivir, •uch sppointment ahall be made by such Cou.t as an admitted equity ~nd ~ m~tter of absolute rigAt to said AhORTGAGEE, and without reference ro ths adequ~cy a inadequacy ot the v~lue oi the property mwtgaged or to the wlvency or insolvency of said MORTCaAGOR a the defendants, a~d thd svch renrs, profib, incane, iuues and revenues shall be applied by such Receivcr accord~ng to the lien or puity of s~id MORTGAGEE and the practiu of such CouA. . 8. To duly, promptly ~nd fvlly pe?fwm, diuhs.ge, executc, effect, cornplcte, comply wi~h snd abide by each u~d every the stipulatwns, ~yraements, conditions and cwenants in said p?omis:ory note and this mortgage set forth. ~ 9. That in the event the ownership of the mortgaged prem~ses, ar any part thereof, bccwnes vested in a penon otl+e~ thse the MORTGAGOR, the MORTGAGEE, ib wcusson snd ~uigns, may, withou~ ~otice to the MORTGAOR, desl with such successw or wcussw i~ iMeresf with refcrence to this mortg~ye ard the debl he~eby secured in the same manner +s with Hbrtgsgor without in any way vitieti~g or dixharging the Mort9sgon' liability hert under w vpon the debt hereby secured. No ssle of the premises hereby mortgaged +nd no tabearance on the psrt of tM MORTGAGEE w iri successors or essigro and ra extension of the time iw the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate to release, discharge, modify change w affect the original liab~lity of the MORTGAGOR herein, eithe~ in whole or in put. 10. It Fs spec~fically agreed that time is of the essence of this contract and ~hat ~+o waive? of any obligsiwn here~nder w of tM oblipatioo sa cvrsd h~nby ihall at any Yune thereafier be held to b~ a waiver of tM Nrnr herwf w of th~ ~~utrument secur~d Mrby. 11. In add~tion to tF+e forego:ng monthly payments of princ'pal and interest required by the promiuwy nore secured hereby, mortgagor covtrunb and ~grse~ to pay to mortgsgee with each monthly payment an additionsl sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the follow- '^9° i A-All real property taxes kvied w asxssed against thc above described real estate. ` B-Premiums on fire and windstorm inswance as ncre~n requueo to oe carned on ine ~mprovemenrs s~ivaie vr~ i~,e e:,~,.e VC~I~~YCY F..~+~ti~. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mwtgagee sha11 from time to time notify mortgagor in writing of the amount due and paysble here~nder snd such sum shall thereupon be due and payable on tt~e due date of tF~e next ma~thly payment and each successive month thereafte? until mortgagee shall notify mortgagor of s change in wch amount. Such sums shall be apptied by mortgagee toward fhe payment of real property taxes, inaurance prem:ums, and rtwrtgsge guaranty insurance premiurtq. IN WITNE55 WHEREOF, the ssid MORTGACaOR hss hereunto set his hand and seal the day and year fint afuessid. ~ Sgned,5~a1a~ and ~1'rvet io the presence of: ? OK. (Sea4 ~ne herles M. Baker ~ s n eas une a er ,n STATE oe4ao~a~c Illinois - ~ ` 55. ~ COUNTY aF ~ 6efwe me perwnally appeared C2'lA 2~1 P S M BA ker ~nd ~ Tl]na R~ RgkAr his wife, to me well known and known to me fo b~ i the irxJ'niduab described in and who exewted the foregoing instrument, and acknowkdged before me that they executed the wme for the purpwes thereM t~[pnssed. Md the said JL1119 B. Bakar wife of tM said ~,'~lAY'1@S M. Beker - , upo~ a sepsrate and privatt examination by me tskM s~parat~ and •pan from her ~sid husband, ~ck+wwledged to end befor~ me tF?at sl~e executed said instrument freely snd vd~rr t~rily ~nd without any compolsion, constraint, ~pprehensan or fear of or from her aid husband. WITNE55 ~nd sn~1official seal thn aL day of / A. D. 19~ -`t~Lytt:~~J~ ~d; , ~~.IN~•J, ~ '4~~. _ i~~ 7~ Nota Public i~ and fw the State of flor'idrai l~rye , . Mr . Illinoia ~ . D,i, ~ : . : '~b: •J Rt . = = yj''~~~..wa/~~6 ~ ~ flraf ~~I ~ S~v~ toan:Asiociation ~ r, : ,p ' '01~~ ~r~~a. ` ; pN0 RECOR~E~ o:•~6.~~F ~d.; f ILE ~tE COUNTY. FL • ai,: : ° ~ " ~T.~~~~~,~ ~r~a~f1ED c~ . , r~ ;i . . : , ~ ~ SEP ~ pM 314825`7 66 - :.s r~ ` ~ COURT CLE~"~ C1P.CUlT r~ BOOK 1~~ s ` ' ~ . . - - - ~ ~ ~ ~ ~ ~ ~ ~ . - - _ I ~Y ~ 3~"f -