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HomeMy WebLinkAbout0909 i • . . ~ 5 t ~ ~ ~ To pl~a and ca+ttnuauly ke~p on tM bujldinps now a MrNha sitwq on s~id land aod on ~II p~ipm~et and pKwMlty covK~d by thi~ mat~ ! ~p~„ witA ~11 premium~ ther~ p~id in full. i'u~ Guvranu in tM ~iusl sqndud policy fwm, tn • sum ~pprowd by tM MORTGAGEE, and w(nd~tam j insws~cy in th~ vawl sl+ndud policy fam, tn • wm ~pprov~d by tM MORTG/~GfE, ~n wch company w compania a tM MORiGAGEE miy dlnctl and ~Q ftn and windstam iosw~a polici~s on any of said IxriW~np~ ~ny MMre~t thtrein w puf the~wf, k~ tM appr~y~t~ wm ator~s~id or M ucc~ss therwf, ~hall oontatn ti» uswl st~nd~rd mwt~apa~ cl~us~ a wch WF~ clavss ~s 1M N4ortpaq~e may roquin. m~klrq tF~ bu under said pol} ciy. Nch ~nd ~varyr. p+Yabh Io akl AAORTGAGfE a ih Inlaest may ~pp~u. and sach and ~very s~ch pol~q ihall b~ promptly ~ss:yned and d~liver~d to : ~ny hdd by said MORiGAGEE u ivnha ~scwity to said mortqa~ debt, and, not !eu tMn ~en (10) days le advanu of tM ~xpir~tion of ttch policy, ro dr ' livu to Wid MORTGAGEE • ~~e+~wal tM?wf. top~~F?K with a receipt /or tht p~~mium oi svch .eoewalj and then shall b~ oo f~re w windstam ieuwu~c~ 4 plaqd on ~ny of ~id buildirgs, ~~y inttrat tMrein or put theraof, unleu in the iorm ~nd with IM loss p~y~bl~ ss aforasaidj ~nd in tl+~ evMt any swn of nan~y b~corn~s payaW~ ue~der sucfi polky o~ policies aid MORTGAGEE ~hall Mw ths optioe~ to receive and apply ths same on xcovnt of tM b+debted~ ~ nass iec~r~d htr~by o~ p pstmit said MpRTGAGORS fo reteive snd us~ it p any part theroof for othe~ purposes, withoul thYeb/ waiviny ot unpair• ~ inp ~ny puiry, li~n or ripht uoder ot by vGh?e of this mortqs~e; and in tM ~vtot sa~d MORTGAGORS shall fo~ any reason f~il ro koep tFr taid premius w s irqwed, or f~il b d~livK ptomptly a~?y of said policiea of ins~~enq to wid MORTGAGEE, a fai! piompfly ro p~y fully sny premium therefw w in any ~ r~~pect hi) to pKforeq, distharye, execvt~, ~ffect, complete, tomply with and ~bid~ by this covenant, w sny psrt herwf, said MORTGAGEE may plac~ ~~d ' pay fa such Mawana a ~ny part thKeof without waivirg or ~ffactinp s~y option, tien, eq~ity, w ripht under or by virtu~ of tht~ Mo.~paQ~, and tF~e ' full Mnovnt of tach and ~very s~ch paymsnt sMll bs irt~nediately dw and pyaWe and shalt bea~ intereit from ths date thereof until paid at tM rat~ ol nins pK pntum p~t ~nrwm and toge~her with such interest shalt be secured by tM lien of this mortyage. I. To p~rmit, ooemrdf ar suffa no ws~te, 4npairment or deterioratio~ of t~id property or ~ny paA the?eof. 5. To pay •11 uw! stnpul•r rhs wan, charqes ~nd expenses, i~cludirg a rea~nable attw~uy's fes ar~d cost~ of abstracrs of titl~, i~+cwred w psid at ~ any tim~ by s~id MORTGAGEE, becavse w in the ~vent of the failu~e on ths p+n of tM said MORTGAGOR to duly, promptly ~nd fully pKform, discha~g~, execut~, ~ffett, oompl~», comply with u~d abids by each and every ths stipul~tio~u, agreements, conditions, a~nd covehants o( said promiuory note and tha mortp~ any w eithet. and s~id cosis chargts and expenses, each and svery, shall b~ lnvnediately dve and p+yabkj whethe~ a not there b~ notiu ds mand, ~ttempt fo coll~cl or wit p~~dingj and the full amount of each ~nd every wth payment sAatl bear interett from ths dste thereof until pa'sd ~t tl+e rate of nins per centum per annum; aod all said coats, char~s and expenses intvrred w paid, topether with such interssL shatl b s~cured by the lien of tha ^qtipayw 6. ih~t in the ~vent of any breach of tha Mwtgap~ w default on the psh of the MORTGAGOR, or (b) in the event sny of ssid sums of moe~ey harein roferred to be ~ot promptly and futly paid within thirty (30) days next after ttx same sevc~alty become dve and payabk, withou~ d~mand a norice, or (~J In ihe ewn! each and evay the stipulatio~s, sgraanenn, condiians and covena~ls of said promissory note snd th~i mortpa9e any p ather u~ ~wl iuly. promptly snd fvlly performed. discharged. exewted, ~ffected. completed. complied with and abided bY, tfien k~ e:ther or ~ny svch ev~nt t!w said a¢ yre9al~ wm mentip~ed in said promissory nofs the~ remaining unpaid, with interest acuued, snd all mor?eys securod hcreby, shall become dw and pay- sbls forthwith, or thereafter, at tMe option of said MORTGAGEE, as fully snd completely as if all of the said wms of money we~e org~nally st~pulated to be p~id on :~ch diy, anything in said promiuory note a in this Mwtgsgr to the co~trsry ratwithstanding; and thereupon a thereaha at ths opt~on of •sid MORTGAGEE, without notice or demaod, wit at law or in eq~ity. tI1!!lfOfc Of tAl/NItN begun. may be prosecvted as if all ma~sy~ sewred hereby had er~stwed ptior to its uKtitution. 7. That in the avent that at the beginning of or st any time pending sny wit upon this Mortgage, or to foreclose N, or to refam it, a to enforp payment of any cla7ms he~eunde~, said AAORTGACaEE shall apply to the CouN having jurisdiction thereoE fw tAe appointment of a Receiver, such Cou~rt sh~ll fathwith appoint a receiver of said morfgs~~d property al) and sir?9ular, intlud~ng all and singular the intome, profib, issues and revenves from whataver so~rce derived, each and every of which, it beinp expreuly vndcrstood, is hereby mortgaged as if specifically set fwth and desuibed in the 9~~nriny ar+d h+bendwn dsvses hxeof, and such Receiver shall have all the brosd and effective funct~ons and powers in an~rwise enuwted by a Court ro e Rettiver, and such appointment shall be made by such Cowt ss an admitted eqvity and a mrtter of absotute right to said MORIGAGEE, and withovt ~efe~ence ro ihe edeqvacy p inadequacy of the val~e of the properry mortgaged w to tl~e wnrency a insolvency of said MORTGAGOR a the defendants, and thst such renn, profin, income, issues and revenues shall be applied by such Receiver aaording to the lien or equity of said MORTGAGEE aod the practice of such CouA. 8. To duly. promptly and ivlly peifor,», d'ncF~arge, exccute, effect, compkte, camplY with and abide by each and every the stipulsYans, sgreements, condifions ~nd coven~na in said promiuory nots and tha mortgage set forth. = 9. That in the event the ownenhip of the mwtgaged premises. a any psrt the?eof, becomes vested in a person other thsn the MORTGAGOR, tl» MOitTGACaEE, its wccessors and assigns, may, without norice to t}+e MORTGAOR, deal with such wccessw or successor in interest with reference to this mortpape and the debt herelsy secvred in the same mannet ss with Mwtgagw without in any way vitiali~q or dixharging the Mortgagors' liabiliry hert under w vpon the dab~ hereby seco•ed. No sale of the Rremises hcrcby mortgaged snd no fwbearence on the part of the 1NORiGAGFE w iri successors o? assigns and na extension of the time for the p~yment of the debt hereby secured given by tF~e AtiORTGAGEf or its succeuors or astiym, shall operate ro nksse, dischar~e, modify cha~ge ~or affect ths original liability of the MORTGAGOR herein, either in whole w in put. 10. It is specifically apt!e~ tMt time is of the essence of this oorAnct ~rd tikt no w~iver pf A~1t ob~~y+!i9n. hercunder or of ths obl~ation ~r cured hersby sMp a! aoy tune thereafter~e Meld to be a waiver of the terms hereof or of the instrument i~ured he?by. In addition to the fwego:ng monthty payments of princ'pal and intere3l required by the promissory note sectrred hereby, mort a and agrees to pay ach monthly payment an addiiwnsl sum estimated by mortgagee to be equal to I t cost of the follow- ing: A-A!1 ~eal prqpe?fy taxes levied or aisessed against tne above estate. • B-Premiums on fire and windstorm insurarxe as ~red to be wrri rovements situate on the above desvibed premises. C-Premiums on such mortgage g urar~ce as mortgagee shall frem time to time deem ~ on the loan secured hereby. Mortgsgee shall from ' time notify mwtgagor in writing of the amount due and payabk he~eunder snd suc all theceupon lx due and payable on the d e of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgago ia e in such ~9 amounf. ums shall be applied by mortgagee toward the payment of real property tsxes, insurance prem;ums, and mutgage gua~anty i nce N WRNE ER , the said MORTGAGOR Ms hereunto set his Fwnd and seal the day and yesr fint sforesa' a livered in tl+e ~esence of: n n n . ~ ~ STATE OF ~C NEW YORK J Le~+~~. • courm oF ~ ~ ~ , ;+C ~ ~ ~ `I ~°C~'~.. ! eefo.e me penon~tty appearca Henry J. Marius r , ~ ~~T- ~nd Heleri B. M8?Zi118 his wife, to me we~(~riown ~nd known ro=~le-t0 b~ ths individwts dewibsd in and who execvted the foreyoinp instrvrnent, and ackrwwledged befae me that they execu,~eii~i?I~ sarr» for 1BM. pfi~ rnKe;n exp.essed. N,d M„ sa~d Helen B. Marius L. .r • i , ,'~'~"~Lr, - w+f. oi ~h. s.~- Hen~c~. Mssius exanin~Yae by me taken sepawte and iparf from her said h~bsnd, aeknowledged to ~nd before me that she exacvted ss~d ~ms~~~f~ a~r~v~o1~~ t~rily and witMovt Ney oomputsion, conslaint. +VP?ef~ension, or fear of w from her asid sband. l ~i ~ i-~ ~1~ . WITNESS my hand ~nd official ~ea! thit r~ ~ day of -N C~1- ~ • +A::~ 19_.~t~ ~ RECOROED : ' ; F1l.ED aND Nj . % : VC~E COV F ~ tsry Pubic in w the Stste of NB~V YpRI( ; Retum Ta S?•( =r~~n ~l~T~~ My Commiuion ~xpires:~„~~ HVM$~~ ` .11t1' i Fint Federal Savinps 3 losn Auociat;on ~y Pt1bli tate of ~ew Yot1c : Of Fort Pierte. ~~j 50 NO. $~-7~7~~ ; fqrt Pierce. Florids , R Zp ~1 ~ ~II ~a5S8O COUAy ~ ~j9 1~~~ Comm. Expires March 30,19'~ v ; i ~~pr,~~ FOITR:.S 1 first Federal Sav ngstb to~an Ass ciatio~L~RK C1RCV~T COURT i ' of Fort Pierce ~ ~h~~ gy J. Chastain ~ r ~o~K 176 ~~f 908 , i , ~ ~f ~ _ 9~ ~ , K:~.-~. ~