HomeMy WebLinkAbout1272 3. To p~ace and cominuously keep on ~he bui:Ju~gs now or he+eafter •~tuete o~ sa~d ~and and on ali eq:,~p:~~rN a~~d personalty tovered by th~s moreg-
sge, with ell prem~ums therco~ pa~d in 1u~~, f~re insurance in ihe usual stanciard po,~cy fum~, in a s~~~n eFproYCd b~ ~he h~UR~~~GEE, a~~d w~~~ds~am
fns~rance in the uwal ita~tidard po!.cy fo~m, in a sum approve.~ by tha MOkTGAGEE, in such to~npa~~y or tomF~an~es as ~he MORiGAGEE may
~nKl: and a~l lire and wmds~o~m ins~~ancc po~~ues on any ol sa+d lw~~d~ngs, any intereat the~rm or parl tl~areof, ~n ~hc agg~:~yefe sum aforesaid w
in eacess tbereof, shall contain ~he uwal siandard mw~gagee cleuse w such oihr~ cl~use ~s Ihe Mortyeyee may rrqu~re, making u,e io~s undar sa~d poli- ,
dei, esch and every, payabfe to said AtORTGAGEE af ~b imereat may appear, and each and e~ery wch p.,,~c~ shall Ix pioinptly ase g•~~d a~~d dei~Yerrd ~o ~
any held by said MOR(GAGEE as fur~her securi~y to said n~o~tgage d~~b~, and, not !ess tha~ tea (10~ da~s ~n .id.a~xe ol ~hr eap~rat~on of rach porcy, ta dr 1
I~ver lo said h10RiGnGEE a renewal thereof, toge+her with a rece~pl for ~he p~r~n~um oi such re~ie~val; a~~d thrre sl~at~ be Gre or w~~~dsro•m insurance
placed on any o1 said builJ~ngs, any interesl there,n or part lhereoF, unlcas in the fonn and with the loss payable as afc~esaid; and in lhe evenl any sum
o~ moaey become~ payable under such pol~cy w po~~cies said N~ORTGAGEE sheN have ~he oN~~on to ~ca.~vt •,nd apN'y ~he sa~ne o~ ecco~.+t of the i~~drbtrd-
ness secured hcreby or to permit said MORTGAGORS ~o tecr~ve a~~d uar it or any par~ tl~r:~~ol t..~ o:l+• ~~.~r~ ~ti.s, ...~~~~.~t ~h u, a.:~.: .:r ~~+~;w~r-
ing any equAy, lien a righ~ under or by virlue of this morf~agc; a~d in the evrm sa.d MOe~TGAGORS sha'I for any rcaso~ fai) to k~~ep the said p~em~ias so
insvred, w fail fo drGve+ promptly •ny of said pe~~cirs ol i~svrance to sa:d hlORTGAGEE, Or foil prom~,tiy to pay fu~ly any p~r~:~~uen thcreio~ or ~n any
res~xct (ail to pe~forrn, d~scharge, eaecute, efled, caup~e~e, con~ply with and ab~de by th~s cove~~~ne, ar any p.r.f h~~~eof, s3+d MvRiGAGEE may p~ace a~~~
pay !o~ such insurance w any part lhereof wuhout waiving or a!(ecting any op~~on, lien, equ:ty, or n3ht u~~drr o~ by virtue of th~s Morryage, ~~d the
full a~no~nt of each and e~ery such paymaN shalt be immed~ately d~e and payab~e and sheil b.rar inte:_st from ~h~ dote thcrcof unt~l p~~d a~ the rate ol
n~ne per centum per annu:n a~~d to~rthrr w~th such in!er~st sha~~ be srwred by 1he Gen of th~s mortgagr.
1. To permit, commil a suffer no waste, impaim~ent or deteriorenon oF sa~d prope~fy w a~y part thrrrot.
5. To pay all a~d aingu?ar the cosb, charges and expenses, mclud~ng a reasonable at~omey's fee and cesrs of abstrads oi ~it~r, incurrrd or pa~d at
any time by sa~d MORiGAG`E, betause a i~ the event o1 tl~e f~~turc on the part of the said h10kTGAGOR to duly, pio~~pny and fvliY Hc~form, d~scti.arge
execute, effect, canple~e, Co~nply w~~h and ab.de by each ar.d evc~y fhe srp~ta+:ons, agrr~me~~ts, conJmo~~s. anJ co.~e:~anfs oi sa~d pro~~~,>sory ~ote n~~
mo~rgafle any or e~ther, and sa.d coats, charges and expcnses, each and every, sha~l kra in:~nod~ntr~y d~e and payaL:r; whether or no~ thr~e kx no~~ce d~
mand, attempt fo toiiect o~ svit pend~~~g; a~d the futl a~ne~r.t oF eath and every sv<h paymero shalt tea~ ~nf•,~est tra~n the date thereOf until paid at Ihe
~.,r~ of n~ne per crntum per ann~^~; rnd all said coats, chargea and ca;:..~nses incur~rd o~ paid, ta~~thrr wnh such mte~est, shall be sx~red by the 1~en o1 th~~
mortg~ye.
6. T}+at (s) in the evem of any breach ot thia Mortgagt or drfavlr o~ tt:e part of t!~c ti'.ORiGl1GQR, er ;bl ~n the evcm ar.y of s~ d svms of money
herein reftned to be not prompt~y and f~tly paid withi~t th:rty i30) d~~s ncx~ atr_•r the s.~me se.c•a':y teco~:~r d..e and pa~eL'e, w~Uw.,t de:.~a:~d or notitc.
cr (d in fhe evem each and every the sripu~af:ons, agreemems, cond~~~o~~s and covenanrs o'. s~.d Hro•~~~sse,ry norr a~~d ~te,s mo~igage any or e~~her are not
~~:y, promptly anc3 fu~ty performed, dsc~a~ged, eaecvted, eifected. mmpteted, compi!ed wnn a~:d ac•d~d 5y. then m e.th~•r or any such evem Ihe fa~d ay
rcgate sum menti~ned in sa+d pro~~~~ssory nott thrn rema~ning ~npa:d. wdh in~err,t acc•urd, and a.: rna~:vys sic~red t~rreey, s~~ail btcon~e due and pay~
n5.e forthwith, w thereafter, at the op•~on of sa~d A10RTGAGEf, as t~ily a~x/ comp;ere!y ns ~f a~i ~i s~:d su:ns of money wcre ong~na~iy st~pu~ated
!o be pa:d o~ such day. anything in iad pro:n~sse~y note or in ~h;s 1lortga~e to the cont~arr noi,.,if,sran~l.:g; and ~hcrevpOn or ~he+ea~tr~ at the opr,pn af
s~~d MORTGAGEE, witF.out not:ce o+ drn+and, auil at law or in equ~ty, therefore or thereateer uegun, may be p~osewted as if ail moneys srcured hercby
n;d maturcd p:~ot tc ~is mst~tution. ~
7. That in the evcnt that at rhe beginn;ng of pr at any ~ime pend~ng any w~t upon th;s 1llortgage, or to ~orectose it, or to reform it, or to enforce
payment of any da~ms here~nde~, sa~d AtiVR1GAGEE sha~l apply to the Co~++ ha~~~•,g µ~-•sd ct:on !I~i'rl'Jf IO•' ~hr appo~mme~+ of ~ Recriver, su:h Court sha~i
fonhwith appo~m a recei:e~ of sa~d mortgagrd prooe~ty all and s~~~yv:a~, indvu ng ~~i ard s~~~gu:o~ T~~r ~nCOn~C, F.~of.tn, iswes ard revenues fio:n v~.h,taver
se~~ce drrived, each ar.d rvery uf wh.ch. ~t bemg exp.ess~y unde~i~cod ~s he<<~oy ~no.!y•~g_•d as spec.f~c,~;:y sr~ fo~~h and desv~brd in the g~an+~n~ and
h3bendum ela~ses hercof, and such Rece~.~er shali hevc ail the br,,ad and rftec~.ve !~•~:r o+s .~~:d pov.r~s ~n anyw~se omrus~ed by a Court to a Rece+ver. a~;d
s.ch appointment sfi,ali be made by svch Court as an ad~~iitrcd equity and a~natie~ of absoiure nyht to sa+d MORiGP.GEE, and wnho~t refere«ce to the
n.+.equaey w~nadequacy of thr value of the properry mo~Tgaged or to tl~e so..r~ cy o. ~~:sc•.:.~nc; of sa~d N,ORiGAGOR or the deie~:da~rs, a~id rhat such
re~•rs, prohts, irxome, ~ssues aod reveaues sholi be appl~ed by autn Retr~+er accord~r,g to the :ien or eq~Ity ot sa~d IAORiGAGEE a~~d thr prachce of svch
Court.
6. To du:y, promp~!y and fut'y periorm, d~scharge, exec~te, ef~ect, comy~i~~te. co~.~ply w~~h and abide by each and e~e~y Ihe atipu~ations, agree~-~eMS,
:onditpns and covenanis :n sa~d prom.ssory note and th~s mvrtga~e xt forch.
9. ihat in the ere~t ihe ov.ne+ship o( Ike mortgaged pre~~~ses. or ~~~y pa~t tncrecf: t~eccmes vested in a pe~s~~ ctl~er Ihan tF~e MORTGAGOR, the ~
ti',~,RTGAGEE, its successors ar.d ass~g~s, may, w~tho~t nor~ce to t~e :~'.ORiGAO~ dcas w~rh ;ch svccesso+ o+ wccesse~ ~n ~nterest v,~nh reference to Ihis S
o•tgage and fhe dr~t hereby secu~ed in the same ma.^:~er as w~th ~.t~.!~egor vv:th~u: in a~~y way v~t.anng or ~ scf,eiy;ng the hlortgrgors' Iiability here
~~~der or upon rhe drLr h~•reo~ sea~red ko saie of rhe F~en:~ses her.~by me~~gaged e~~d ~w io-Ge~~o~~c~ :n ~t•.e ~e~t e~ /;~JRiGAvEE or i~s s~ccessors
~r ass~g~s ard .^.o e~rer+s!nn of rhe fime for thr paymen! of the drbt h~r. by sec~:ed g~+ren 6r the r.SiJR?G~+GE`_ c• ~ts s~cceasors or ass:gns, a~.ail ope~ate
r~ re~ease, d.scharge, mud~fy change or affect the ony,nal liav l,ry of ~he AtiORiGAGOR herein, e;ther in whole or in pa~t.
l0. It Es speu~ica::~ ag.eed that timc is of the esse*+ce of fhis con+racr and ~hat no wai~er of any ob: gar.on he:eunder a of the ob'igation sr
cured hereby shah at an. time ther~aiter be heid to be a waiver of the terms hereof o~ of the ~nsrr~ment se.wed herby.
I t. In acc! ~ o~•o t^.e feregc ng rnor.th'y paym~nn of ~:•~~c ;~a1 and imeresr requ~red by rhe p~on- ssorr ncv~ s. c+.•rd h8~_•~y. T.0~~.3dJJt covenants
j~ d agrees to ~>ay to ~ J•~3.~yee .n~th c:` :°~r.e!:iy pay~ .ent an ~dci r~onal svm css 3~ed 'o~ n:ortgagee to be e;~w~ ro : 32 ot i:,r en ~..al ~ost of the fo~~ow-
,3
A- ~i: reai ~rop~~ry taxas !e,~e~ o~ assense:i ey~i~st thc above d~~sc~i5cd re~ai estare.
8- F., :,.s on f•.e ard w~ndsrc~~n ~nsu~a.ce as heie~n reqvred to be carncd on ~he :m;.roveme~ts s.t~ate on the above d_sc-:t>ed pre~n~ses.
C-Cre s o~ su_h rno.t3;ge guaranry insura.~ce as mottga^yee shalt fr~m t me *o t.m~• cirem fit to carry on the loan sec~red hereby.
Ihortg~g ~ s , ~ r~:ne to ~~^~e r:er~f; mwTyager :n wr:t~ng of the a~~ ou•it ci,_ and pay~h+e he~eundar and such su n s1~,+.i th~•r,;uNon be d~e and
i .~,ab~r on tha ct,,e ~f of ~he n_•~t ~.;u~.fr'~ pay~.ent and e~ch wccess:ve :•~o•~+h ri,r•cai+,~r u~ t~l mortg3gee sha'i not:fr mortgago~ of a chan~e in s~ch
j n- e~m. Such s.:~~s s'i~ :;e eF:,. ~rd ty mcr~gag~.e rowa~d tne patiment of real prcpe*ry taaes, insura,xe pre~n.ums, and mort~age g~aranty insurence i
~ .~~e^~iums. •
E IN w1Tr~f~~ ,•:H_R;Of thF sa~d MOR?GAGCr2 has hereunto xt his har.d and s•aal the day and year f~rst a{oresaid
: S~gned, Seated_ arid de'~ve~ed +n the presence of: f~~EO AND RECOR4E0 ~
' ZT.lUC1E COON?Y f1.A- .ly~c-°--~--~ ts~af)
~ ~ .ti nes s ROGER P011RAS ~ L~ie erna
~ "`t ai~
CIERK GIRCUIt COU~ l ~
= ~ vi r~ess lIECOROYEa~~~EQ E2e 1Q • n
; - - - ~ 3 ~ { l5raq
~ s-.~iE oFX~7b1(~0. ILLItiOIS ~R
~
~ 207 p62
CJl~NTY oF _ C('X~K _ 1
; s~fa~ ~ atso~du,, ap~-~._a ~ivron_ Lieberman - ,~d
~ Eleanor Lieberman _?,~s w~(e, ro me wel~ known a~d ~nown to me to be
~ ~he individua~s descnoea in and who executc,'. •hr ~~•~^~~nQ ins~ru~pent, and acknow[edged before me that they executed the seme fw the pu~poses
H ~he•e~n expres:ed. A~d the sa~d.__-_. ElE'dllOr I.lE'AE'2'JilaA M_
ron Lieberman 'L
~ .+,!e of the said ~
~Y- - - ~ ~ ~~Ilved p'?r~h
~ P.a~re~nat~on by ~e ta4en separate and apart 4rorn her sa~d husbard, acknewledyed te and before me that she exec~'ed sa~d 1i~vr~*.~~i~~olyo-
~a~,iy and w~thout any comp~iseon, constra~~t, apprei~he1n on, or fear of or fiorte iier sai usband. :'a ~Rla,=~. i; y'•,~ p~
WITNE55 my hand and offic~el seat th~s_ _~21~ day of_ x '
~ ' .~.t'1 A ~~9'~_.___
ca~-ti J 4~ ~-~C__ ' f ~ i
- - - - - - - - ir- `;-ar._ i
~ ~ ~ -cIS ~
. Norar~ P„61~c in ar,d for the $61~~ ~ ~ `
~ h5y Comm:ss~on expires- r ~ ~ ~
~ Refum To: ' a( / " n ~~~'p . • t
; First Federal Savings a loan Assoa~r.on '~~~?'y ~
of Y r'CP .''`~a. ~ ~
~ J . .
Fort Pr?•c?, ~:t~n;1j ~ .
-a
This Instrument Prepared By Z'homas !1. Driscoll
~ First Federal Savings 8 Loan Associat~on
~ • of Fort Pierce ~ Flor ida
Checked By s00K 1~7~
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