HomeMy WebLinkAbout2440 To placy and continuouily ks~p on th~ bvi~dinps now or M~uher siru~t~ on aid land and oe +II equipm~nt ~nd penonally covered by thls ~+iwt~
~y~, with all pr~miuros therean p+~d in full, fin iniu~anc~ io tM ui~sl sundard poli.ry fwm, in • sum ap{xov~d by tM MORIGAGEE, +nd windstwm
intu~~e~c~ 1n 1M viual stsndard pol~q fpm, i~ a wm ~pprov~d by tht MORTGAGEE, in such company a comp+n~es u the MORTGAGEE msy
dtnd; ~nd aU fir~ ~nd wi~ditam inwranp policiM on any of sa~d build~nps, any inlerasi t~a~in or parl thereof, in tM +y9re~a~~ w~n +faesaid w ~
in ~xcess tMrwf, sMll cont~in tM uiwl standud morpspN claus~ a wch ofher clw~ ~s tM Mor~yapee may req~in. makieg rhs lou und~. saw! po1F ~
cies, tach ~nd ~vKy. p~Y+bl~ ro s+id MORTGAGEE a i1t inlerttt may ~pp~ar. and e~ch and ~ve+y ivch policy ahatl be promp~ly us.9ned +nd d~liv~rod ro
eny heW by s+id MORTGAGEE ~s further security ro s~id malpap~ dsbt, and. ~w1 kss tMn te~ (101 dayi in sdvaoc~ of the expiration oi each polity, M dr
IivN ro iaid MORTGAGEE a rsnew~l thsrMf, foptthN with a recNpt f0~ tFf~ pn+niwn of wth ra?awal; and ther~ shall bs no fae w windstwm insuraat~
plxvd on ~ny of said buildirgs. ~ny inter~st thKtin or put tMr~of, vnleis in the form and with th~ lou payable aa afwesa9ds +nd in Ihe ewnt any swn
of ma~sy txcomes payaWe u~ such policy or po~ici~s wid lNORTGAGEE shall haw th~ opt~w? ro receire and ~pply the s+me on accovnt of tM indebted-
neu iecwed her~by or w permit s~id MORTGAGORS ro reuiw ae+d u~ it or +~y part thereof for othor purposes, w~~hout ih°~ED/ waiv+ng w~mpair-
inp any puity, litn w ripht vnda ot by virtw of thls morlpsp~t ~nd i~+ tM ~vent said MORTGAGORS shall for any reason fail to keep ths taid pr~mises sa
ins~red, w fail w d~livtr promptly any of Wld PO~itiN Of i~sw~nc~ to said MORTGAGEE, w iail promptly to pay fully any premium therefo? w in any
respect fail to periwm, discharg~, ~xecut~, ~ff~ct, compl~ts, comply with sr+d ~bid~ by this covenan~. a a~Y part hereof, said MORTGAGEE may plaa ~nd
paY fw suth inw~enct ot any paA tMraof without w~ivinq w ~ffMlnp ~ny option, liea. eqvity. a right undc+ a by virtw of this Mortya~e, ~nd the
full araount of ~ach and w~ry wch payment shall b~ irwnediately dw and payable ~nd thall bear interest from the date thereof until paid ~t ths ~at~ of
nine pN centum par amum and topether vrith such inte?est ih+lt b~ secured by tM li~n of this mortp+pe.
1. To pKmit, con+mit a suffa no wast~, imp+irmeM or deteriorstan of said proprry w~~y p~rt thereof.
S. To psy dl ~nd tinpular th~ ooats, ch+rqes aod ~xpenses. includin~ s reason+ble anorney's fee u~d co::s s~ascts of title, incvrred w paid ~t
any tims by sa~d MORTGAGEE, betwse ot in ths ~vMt of the faitwe on the pa?t of 11» uid MORiGAGOR to duly, prompNy ~nd fv11y pertorm, di~cM~e.
execute. ~ffect. tompkb, oomply with snd ~b~d~ by e+cF? ~nd every the stipulatio~s, agreements. caditions. and covenann o( uid promiuory note a~ thu
mort~ape ~ny or ei~her. and s~id costs, charpes ar+d ~xpenses, eacl~ and every, sh~ll be inuned~atefy dw ~nd payable: whetMr w n:.t ~here be notica ds
mu~d, ansmpt to aollect w wit pendioy; and ths full ~mount oi Nrelt aod every suth paymeM shall bear interesi ::~:.t the da~e thereof until paid tl the
.are of nine per centum per ennum; and all said tosts, thsr9ea and axpenses inn?rred or paid, together with suth iNSreit, shall b~ setured by tht lian of thil
^+ortp+~•
6. TMt (s) in the ~veM of any breach of this N1aty~pe o? def~ult on the paA of ths NlORIGAGOR, or (b) in the event any of ss~d wms of mo+?er
hercin roferrod to bs not promptty and fully paid within thirty (30) days next after the same seve~ally become due and payable, without d~mand or notice.
or tn the event each and eve?y the stipvlations, agreem~nn, conditions and covenints of uid {xomiuory note and th~s mortga9e any w either u~ r?ot
iuly, promptly and fully pe~fam~d. d~scl+srged, executsd, effected, compkted, compl~ed w~~h and ab~ded by, tha+ in eithc~ w sny such event tFw s+id +p~
gregate wm mentaned ln said promissory note then remainirg u~psid. with interest accrued. and all moneyi xcu~ed hsreby. shatl becwne dut and p+y-
able forthwith, a theresfter, ~t the option of said MORTGAGEE, u fvlly a~d completely as if all of the wid wms of money were aipinally sNpulatcd
to be paid on such day, mything in said promiiswy note or in this AAwtysge to the contrary notwirhstand'eng; and thereupon or thereafta at tM option of
said MORTGAGEE, wit~wot notice w demsod, wit at I~w a in equity, therefore ar thcrcaher begun, may be prosccuted u if all moneys sacured heteby
had rtNtured prnx to iri institutio~.
7. Tha1 in the eveot th~t at the beginning of p at ~ny time pending ~ny suit upon this Mwtgsge, w to faeclose it, or ro reform it, w to e+~fwp
paymd?t of a~y daims hereunder, said MORTGAGEE shall spply to tF~e Court having jurisdicrion thereof fw the appantme~t of i Receiver, svch Co~rt shail
forthwith ~ppoiM s receiva of said mort~aged property sll and sirgular, includ~ng all and singula? the income, profits, iuues and reve~ves from whatsver
sourte derived, rach and every ot which, it being expressly v~derstood, is hrreby mortgaged u if specificaNy set forth and destribed in the gr~ntirq and
habendum clauses he?eof, and such Receiver shall Mve ~II the broad and effective funct~ons and poweri in anywise entr~ated by s Court to a Receiver, and
~uch appointment shatl be msde by wch Court as an admitted equity a~d a matter of absolute right to said MORiGAGEE, snd without reference ta - the
edequacy a inadequacy of the value of the properry mortgsged w to the wlvency w inwlvency of said MORiGAGOR w the defeodanb, and that such
rents, profin, income, issues snd revenues ~atl be applied by such Receiva accading to the I~en or puity of said MORTGAGEE and the p?actia of such
Court. ,
8. To duly, pranptly snd fully p~rform, discharge, execute, effect, mmpkts, comply with end abide by ead~ a~d every the stipulations, sgreements,
conditioru snd covenanb in said promissory note and this mortgage set-fwth. ~
9. Thst in the event the ownenhip of the mortgayed premises, or any part thereof, becoma vested in • person other than the MORTGAGOR, ths
MORTGAGEE, i» wcceuon and auigns, m+y, without ratite to the N10RTGAOR, deat with such succeuw w wccessor in intcrest with refere~te to this
mortga~e and tlx debf hereby secvred in the same manner ~s with Mortgagw withcut in any way vitiati~g or discharging the Mwtyagors' lisbility herr
under w upon the debt hereby secvred. No s~le of the premises Fxrcby mortgaged and no forbearance on the p~A of the MORTGAGEE a iri wccesson
or augm and ra extensan of fhe time for the paymeM of the debt hereby secured given by the MORTGAGEf or in successon or auigns, sF~ll operat~
ro release, d~scharye, modify charge or affect the orig~nal fiability of the NiORTGAGOR herein, eitMr in whole a in part.
10. It ia speciPKally ag~eed that time is of the essenu of rhis coNrsct and thst no w~iver of any obligation hereunder or of tM obligafion se-
cvred hereby shall at ~ny time thereaher be held to be a wsivcr of the . temu hereof a of the instrurnent secwed herby.
11. In add~tion to the fwego:ng monthly payments of prin~ pal and interest required by tF~e promissory note secured hercby, rtwrtgagw covenanb
and agrees to pay to mortgagee with each mo~thly payment an additwnsl sum estimated ~y mortgsgee to be equal to 1/12 of the annual cost of the follow-
ing:
A-All real property taxes kvied w auessed against the above described resl estate.
i
B-Premrums on fire and windstorm inwrante as hcrein requ~red to be carried on the improvements situate on tFw! sbove destribed premises.
! -C-Premioms-on-svcF+-n+or~9ege~~ra~aMY-i++swance-as mortgagee shall (ran t+me b time deena-fit b cany-on-ihe-loaw-iecurad-lwreby.--- -
i N{o?tgagee shall from time to time notify mwtgagw in writing of the amount due and payable hereunder and such fum shall thertupon be dve and
s payable on the due date of the ~eat monthty payment and each successive month thereafter ur,til mortgagee shall notify mortgagw of a change in suth
~ amount. Such sums shall be applied by mortgagee toward the payme~t of real property taxes, insurance prem.ums, and morigagt guara~ty inwrance
premiums.
€ IN WITkESS WHEREOF, the said MORTGAGOR hss hereuMO set his hand and seal the day s~ea~ foresayd~ ^
~ Siyned. kd snd livered in the presencs of: Jbl j~
. ~(O ~E.J ry
~ ss are . asey
~ (Se•~
~
STATE Of~ NEW YOR K . ~
m ~ e~ ss.
counmroF
~ ~fOfe ~~„i~y,~„~ Clare E. Casey, A Single Adult ~„r
'-`-=~(e, to me well known and known to me to b~
the individwl~ described in and wlw ez~~!~ !!r #M~~ e!!~!n~!!~ent, and acknawledped before me tMt ~ executed the same for ths pwposes
rherein expr~ssed. -~Md.th~~~i~ ~
wif~ef-tke-sdd ~u a ~parat~ arnl.psiwy-
~xa~~iws~iw~Mr•~we.ddr~? ~e*ssa~?an~ ~~1-fre~w~rs~i~ -iw~ia~+i,-+~Mw~ied~ ~-bti~w ~e ~Mt sh~ ~~eeMed ~aid-i~ah~ner+f~ iraei~ ~e~ ~ol~rn-
tscil~ta~v~itkaA~iry-cernpobieertenstesinf; ~p~prel~en~n-er-issref-ar_fraw~aidlwNMwd.
~ _ WITNESS my h~nd and official seal thi~ ~ day March a p~4-~_
y •
~ ~ ~~lU1111111ftj~~,4,_
~ Nota Pu 'n and fo? the Sute o
MY ~ ~xp'~es' >
~ , ° ~ • :~-~~1, '
Retom 7a ~r~• .
P.CB'Ri 1. l'. i .~.-.~°~.te .
First Federal Savirgs a loan Association `,r,T~~'q t•~• +!V
~ Oi fort P~erce_ Not~ry :.r;;•e of f ew YO~k -•-t;~J?~~ ~r~
jt:: .
~ No.42•SC,i07~0 ~ '
Fort Vierte. Florida QWI. in 3~; t.<0 f Y S.
Q is Co. % f~1
~ with Qyeens R Nassau Re~ '`Z;~`r~J
, t. : _ , .
?um ExDirq Much 30. 1~7D- y~ iG ;'~:'Qy; r~:
~ .i~ . _ Nr«.~'~~
E. Braun '~.,,~~~~~$~r?~:..,
This Inst~ument Prepnred 8y H1m • ~ ~ ~
First Federal Savings b Loan Association 3 Q•~ e
~ of Fort Pierce, Florida
, Checked By ~
~ ~R ~c~ E
~ ~ g00K 1 J PACE 2438 . ~
C ~ . . cf ~
~ -r _ - _
~ : . ~
~ e'
;".4.~ s! . ,.~.-:a.E . ~ _ ' ~c!..x t _:~'r° 5__4n~~