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Home My WebLink About2075 ~ To d+u ~~d ca+tiewously kep on the build~ngs ~ow or he~eafta s~twte on iaid land and an a~l equipmen? and penonalN oovK~d by tAis nart¢ ~ ~p+, with ~11 prwniun+~ ~he~ac~ p+~d ie~ ful4 (~re insuruu~ in th~ uswl sundard pot~cy 'orm, ~n a sum ~pprov~d by tM MOR(GAGEE, a~d wi~~wm ;nswu~c~ in th~ vswl uand+rd pol~cy fo~m, in • swn +ppro.ed by tM MORTGAGfE; in iuch company o+ canpanies as tly MORiGAGEE m+y d'uect; and ~II tu~ ~nd V.indsro.m inwr~~ct po~K~es o~ any o/ aaid buitd:nps, +ny Im~rsst thaein w pan therwf, in tl+e ~yreqat~ wm afw~s+id w In ~acKS ~herwf, sAall conta~~ tl~ vswt s~andud ma~gsyN clws~ w svch o~ha daua~ ~s tM Mwtgs~ee rnay rcquu~. maAinp tM lou unde~ said poli. c~a„ ~ach u+d ~vs+y. p+rable a said MOR~G1?GEE as ~n i~~erest may ~pptar. a~ sach and a+e+y suc6 policy shall b~ promptly ~u:9ned u+d dtlivcred ro .n~ heW by ~a~d MORiGAGEE tw~ha+ securi~y to sa~d ma~y+ge deb~, and. ~+a ku rh~ ten (10I dsys in advu.ce of the ~xpi~atan of sach pol~cy, ro da livw ro said MORTGAGEE a renewal the.eof, to~rher with a rece~pt fw tM pemiwn oi such r~wa1; and ther~ shall b~ oo f~n a wirds~a~n insoru~c~ plaad on ~ny oi said bv~Wiega, ~n~ intcrest ther~in a put the.cof. u~l~u in rM iw~n'~nd wi~h th~ I~ss p+yabte as a(a~i~~d: and in tM event a~y su~n of nan~y becaoes p+yaW~ w~d~r such policy a polici~s said MORTG/lGE'c shall Mw ~M optan ro rece~ve +nd apply tM s~m+ on xcount o1 tM iadsb~ed~ ness st~yr~d haepy o~ q permit said MJRTGAGORS w ttceive and us~ it a aoy pa.t thereof la o~he~ c~.poscs, w~~hout ihe.ebr wa;~~ng w Mnpair- inp any pvi~y, li~n w ~ight w~de. a by virtue of ~his mar~+9s; and in tM evee~~ sa~d MORTGAGORS sh~p fa ~ny reason fai) ro kcep TM said p~~m~ses so insured, or (~il b dtlive~ pranplly ~ny of said pol:cies of i~svnnts to ~aid MORiGAGEE. o~ iail promplly W paY ftrlly u~y premivm the~efw w in u+y ~ respect fail w psrfonn, diuhuge, e:ecute, effect, canpl~te, comply wi~h w~d abid~ by th7s covensnt, or any psn he~eof, said MORTGAGEE may p~at~ +l+d p+r fw such inswanc~ a~ny put +hereo! wahout walvirg w ~ffectinp ~ny option, lien. pu~tY. w rght undK a by vinvt oi thii Mortyye. ~nd the full ~mow~~ of each and ewry wch p+ymeM s~wll be N?rnediatelv dw and piyabb ~nd s~a~t besr interest from ths datt the~eof until paid a~ the rab ol j nint per centwn p~r annum and toge~her with sutA inrerest sl?~II be sea,red by tl+~ lien of this mat9~ge. ~ 1, To p~rmit, aomm~t or w(fer no wut~. impa~rment or de~er~o?as;on of said property or any p+h thereof. 5. To pay sll u~d sirgvt~r tM.costs, chu9es ud expenacs, incl~d'ug a reasonable atro~ney's fee and costs of ~bstr~cts of t~de, i+KUrred w paid at ~ny tune by ssid MORTGAGEE, because a in the evenl of the (ailwe on the part of the ssid 1NORTGAGQR to duly, promptly ~nd fvly perfwm, d~schar94 e,cecut~, ~ffect. caepkre. comply w~~h and ab:de by each +nd every the stiputanons. ~greaments, conditions, and mvanants of said prom7ssory rwa ard ~Fw ~ mor~ap~ +nY or e~~her. u+d sa~d cosn. cMrqes and e:pe.Kes, each and ~very. shall be i~.unediate!y due and payable: whether w not thae be ~o~ice dr mu~d, attcmpt w cdkd or wit pen~ng: and the fvll arrwunt of each and every sixh payment ~11 lea. inreres~ from tAe d~te thereof u~til p~id at the ra~e of ~ine per cenwm per aruwm; and all said tosts, charges ~nd eapenses incurred or paid, logetbe~ w~th s~xh inter~st, th~ll b~ secwed by tM liee~ of thit mwtpa~- 0. Thai (a) in the event of ~ny brescA of this Matgspe a defwll on tM part of the 1MORTGAGOR, or (b) in the event ~ny of said swns of mo~ey herein r~fared to be not prompny snd fully pa~d within ~hhty (30) dari ne,e~ after the same uver~lly t+eca+x dve ~nd payable. withow demaod or not~ce. or (c~ in the event cach u~d every ths stipul~tions, a9reemcnn. cond~tans and mvenann of aa~d promisswy notr and tlu~ mort9sg~ any w ei~her are nd iuly, promptly and fully pHformed, d~scMrged, executed, effectec, compteted, compl~ed wi~h u~d ab~ded by, then in either or a~y such went the said aQ pre9at~ swn menY~oned 'u? sa~d p~omisswy note ~hen remairi~ng unpa~d. with 1fItNlS1 KCfUld. and ail mo.+eys secured hereby. sh+ll become dw and psy- ~b1e forthwith, or ~herea(te~, >he oprion of said MORTGAGEE, u fully and complerely as if sll of ~F~e said sums ol ma~ey were ori9inally s~~pul+ted ro be ps;d on sucA d~y. anything in sa+d pran~ssory note or in this Mortgage to fhe contrary notw~rhsund~ng; and thcreupon or thcre~fter et the op~an of said MORTGAGEE, without noti:e or dcrosnd, suK st la~r w in equ~ty, the+efo~e a ~t?ereahc. begun, may be prosecwed as if all ma~eys sea~rc+~ hereby had marwed pqr to iri institution. 7. ihat in the event that at the beginning of w ~t sny time pcnd'ug aoy su~t ~pon this Mo.tgage, w ro f«ecto~e if, w to refam it, a to enforc~ payment oF any cl~ims hcreunder, said MORTGAGEE shsll ~pply 1o the Court havirg ju~isdittion thereof fw tl+e appo~ntmeat of ~ Receiver, such Court sh~ll fortliwith ~ppe?iM a rrceiver of sa~d mortqaged p~operry all u~d singular, includ~ng aIl and singulsr the income, p~ofits, iswes and revenves from whatever wurce derived. esd~ and evcry of whKh, it bcing expressly vnderstood. is hereby mw~gaged u if spec~ficatly s~t fath ac~d desaibed io the granting and hsbendwn d+uses hereof, u+d such Receivc+ shall luve sll the broad and eflective foncewns and powcrs in ~nywise entrusted by + Court to a Receiver, and wch ~ppointment shall be msde by such Court as an admitted eq~ity snd s rr~s~te+ of absdutc ~igM ro sa~d MORiGAGEE, u~d without reterence ro the adequacy w in~depwcY oF the vslue o( the p~operry mortgaged or ro the sowency or insotvency of said MORTGAGOR w the defendants, and ~Mt such renrs, p~ofin, incane, ~ssves and revenues ah~ll be spplied by svch Receive~ accwdu~g ro the Nen or equiry of said MORTGAGEE ar~d the p+actice of such Court. 8. To duly, promptty snd fully perfwm, d~scharge, execute, effect, complete, comply with and abic's by e~ch and every the stipulations, sgreemenls, conditions and coreo+nts in sa~d promissory note u~d th;s mwtgage se~ fath. 9. Th~t in the event the ownership of the mwtgaged premises, w sny part thcreof, becomes vested in a person other thsn the MORTGAGOR, the MORT6AGEE, ib wccesson snd augns, msy, wi~hout no~ice to the MORTGAOR, dcal with such wccesso~ a succesw~ in imerest w~+h refcrence to this mortg~e and the tkbt hercby secvred in the same manner as with Mortg~gp w~thovt in any way vitiating p d~scharging the Nbrtgagori liability herr unde~ or upon ~he deb~ hereby secured. No sale of the ~em~xs hereby mortgaged and no forbear~nce on the part of the MORiGAGEE a its successors or a~signs and no extension of the time fa the payment of the debt hercby secured given by ~he M'JRTGAGEE or its wccessors w assgns, shall operate ro rdease, d~scharge, mod~(y change o~ affect the wig~nal Iiab~I~ty of the MORTGAGOR herein, either in wf~ote or in pa~t. 10. It is specifical0y ~greed that Yu++e is of the esxnce of this cont~sct and tF?~t no w~iver of an~ oN~yation hereur~er a of the obligaYan sr a,red hereby ih+ll at any fime thereafter be held to be a waiver of the terms hereof or of the instr.rrt~em secured txrby. y 1!. In add~Gon to the fwego:ng monthly payme~ts of princ'p~l and inrerest requ~~ed by the p~om:ssory note secured hereby, mo:tgagor covenants . and ag?ees to pay fo mortgagee with each monthly payment an add~~anal sum estimated by mortgagee to be equal to 1 f 12 of the an~ual cost of the follow- 'ng: A-All real property taxes kvied or assessed agai~st the above-des~ribed real estate. B-Premiums on fire and windstwm inwrartce as herein req~~red to be carried on the ~mprovemenri sitvate on the above described premises. C-Premiums on such mortgage gw.anty insurar.ce as mortgagee shall from t~me ro time deem fit to carry on the ban secured hereby. Mortgsgee shall from time to tirrx notify mortgsgor ~n writ~rg of tF~e arnount due and p~yable hereunder and such sOm shall thereupon be due and FayaWe on the due date of rhe next monthly payment and exh successive month thereaftrr vr.til mortgsgee shall norify mortgagor of a change in such amount. sums ahall be appl~cd by mortgagee towud the payment of real property ta:es, insurance prem:ums, and martgage guaranty insurance premiums- / 1 ITNE55 WHERE , the ss~d MORTGAGOR has herevnto set his hand and seal the day snd ye r fint sforeas' . C~~ ed in the presence of: ~ f~° a~ an y esterman ~n Ci ~C ,q Anns l~. Bes ermsn STATE OF fldRl'D!t York ~ COUNTY OF ~~f Q l~ _ ~ ' ~ _ defore me personally appeared ~ tanle~ J. ~3e s tF rman i~:llllA ~1. ~3ester~~n, his we!e, to me well known and known to me to bs the irKlividuab described in ~nd who e:ecuted the faegoirg instrument, and acknow{edged befwe me that they executed the same fw the pwpos~s rherein e=pressed_ Md the said Hriria :i. ~3esterman, wife o+ the said 5~anle,y eT~ 3esterman upon a scpsrate and priwt~ eaam7n~Ywn by me taken sepsrate and apart from her ssid husband, ~cknowledged to and before me that she ex ted said instrumem freely and volurr tarily and witlqul ~ryr compulsion, constraint, apprehension. or fex of w irom he~ said r . WITNE55 my hand and official sesl this 2~h day of 8~-~ A. D. ifl~ r-- '7~ - ~ v-~"~ Notary PuWic in • (w t-he~ _St~atf of af luqs ~ ~u?y eo~.,riu~on-ex a: /~7~5¢5.,~~ . Retu?n Ta ~ First Fedeal Ssvi f. POELRT liKTO~ _ , ng~ 3 loan AssociaYwo ~fARY PlJeI.IC, ftate of lJew YCSf ~ ~ Of iwt P;erce_ No- 52-?o~bl3S - Fort Pierce. Fbrid~ QypMhaJ in Suttdlc Go?~ftY ~ _ • . OR~EO ;.~.rw..s...~ .~F... Mocv+ ~o. ? - - ar~o oua LA. - ~ILE~ ~E TY ~F ~ ~ 't. L~C ~i - s •~~.25~~ . - ~ ; y8 ,6~ ~ p~C 22 Pt~~~ UR tC " . ' , COURT BCOK ~~a7 FAGi ~?Vt~~ CLEF~n •C,~~CU1~ _ . ; k t,~ _