HomeMy WebLinkAbout2835 .
J. To p1~c~ ~~d con~uwio.~aly ~e~p ~he b.i~'•d~~qf now w he:e+ItN siw~h on ?a~d I~nd ~~d ~n a~t cquip~ne~r a~d paw~+.~ly cow~td br ~hi~ ma?¢
p~. w:~h ~11 pr~mw•=~~ ~hr~ean ya,d ~o tvtl, fue .~uwance ~e ~he ~~wl ~ta~d.~J po~~q lam, in • su.n apwo+aa! b~ ~he MOR:GAGEf. •~Kl wi~ftam
in~w~ntr in tM u~u+l s~anda.d M~:cy fa.n. ~n • u~m aypro.~d by ~1w MO~t1GAGfE. in tuch canp~ny w c.~~~pu.~n af ~h~ MORfGAGEE n+ay
di1~(1: Md all iire N~ w~nclalam insW~r.:,y polic.es On My o~ sa~ bu~~di~~. W1y inle~rsl the~ei~t M{+~~t Ilu~eol, in thf ayy~c9~le wm ~taef~d W
in •ac~sf Ihe~eol. sAsll cc.~~nn ths usval ~~a~ui.:d ma~~,+ge~ claus~ a tucA otha ctws~ ~s th~ Ma~y~y« ..~ay ~equa~. ma?i~~q ~h~ Iow undH ~a~d poli~
c~as. e~ch and eve~Y. P+r~b~e ~o sa~d MJRIGAGEE as .t~ ~n~eres~ m~y ap{»M. ~nd e~ch M~d we~y ~uch voi.c~ sh~ll t» ~xomyUy a»9~~rd ~~~d det~vered ~o
•n~ h,ekf by s~~d MORtGAGEE as fur~l~e~ srcu~~ty to u~d mw~y+~ debt, r+d, ool kas 1luo ~a~ l10) da~s ad.+~Ke o1 ?F,e e+p~~~~~cvi ol e~ch potKy, to dr
i~vN ~o sed MORIGAGEE • re~rwrl ~he~eo(, ~o~edu~ wdh • rect~pt la 1M pre.~um ol tuch rene~wal; a~x1 there s~vN bt ra Lr• a wuKla~o~m intw~nc•
placed on ~ny ol s~~d b„ild~~qs, •ny intere~l the~e~n w pa~t Ihe~eo(, ur+lrss i~ tM (wm ~~d w+:h tF~~ ioas paveble as •fo~eu~d: ~nd in IM •veM •ny fun+
of money becomes wY+bk u.+de~ such policy o? po~K~ss ~a~d MQRiGAGEE shatl luve ~Iw op~wn ~o rec~~va and app~~ ~M s.~:~e on xcow~~ of tM indeb~ed~
nesf fKUred httebr M b perenil sa•d MARTGAGORS to rKeivs 1nd uN it W anY pa~l Iht+awf Icw ot~~cr y~r~-cnrs. ~v,u,~uf thr.~ u/ we~v~~y oi unN.+.~• -
,nfl a^Y pu,ty, Len ur r.flh1 u.Klrr or by vi~tw o1 Ihis mo:'y+~e: u~d in the wMt ~a~d MORT(~AGORS shaU fo• tny resson fail Io keep ~he u~d pr~mises w
inw~ed. a f~il ro dr~~ve~ pra» p~Iy any of sa~d pol~c~es ol ~~iurancs ~a s++d AAORfGAGEE. a fa~l p~o~nN~ly ~o payli~ily anY p,e•~~~u:r theretw a in any
~etpect I~il w pe~~orm. d~xharye. earcute. effec~, canplep. comply w~~h and ab~d~ by tMs cove~an~, or ~ny pa~t hr~eol, sa~d MORiGAGEE may p1~c~ •~d
par fw s~,.h insur~nc~ or any pa~t thereo( vr~~hou~ waivinp or af(ec~inp ~n~ op~ion, liee. equ~~~, w~~gh~ unde~ or by v~~~w ol this Ma~pap~. and tht
1~11 ~mounl ol Nch ~nd e.~~y s~rcA paynxnl ~II bt im~nediately dw and p~yabl~ ~nd s~+all btar inlcresl from tM d~t~ thereot u~~til p~~d H tM iat~ ot
n~~ee ~»r c~nwm ~ an~um erxi t~ycfhe~ r.i~l~ such inle~ear shali be secu~ed ~y fiM liM o( thif mwl9aye.
4. To p~tmit, comnul w sufld no waste. wnpair~nent a deterqt~?ion o! wd ptoperty o~ ~nY parl Ihe~eol.
5. To pay atl and s~rgula~ ~he cotts, cha~yes and expenses. ~nclud~np a re~senabk ~nwney's (ee a~d cusrs ol a~str~cn of t~~le. incurred w paid
s~y t~me by sa~d MORIGAGEE, because « i~ tM went o~ ths I+~Iwe on ths p~~t of ~M u~d MORiGAGOR ro dvty, p~a~~pNy a~d f~~ly perlwm, d~xMrQ~;
e¦ecv~e. etlect, canplet~. canply w~~h c~d ~,de by e~cA ud evey ~hs sf:pvlaiw~+s, yrce~.u~rs, co~dnwns. ~nd cove.,anrs o( ~a~d p.~uiswy nots and ~his
margpe any o~ e~~her. and io~d cwn. cMryes and eape~s~s, e~ch and eve~~, sMtl be wnmedutety due ~nd payble: whett~cr a not lhe.e be no~ic~ da
mand, at~emp~ to coi;e~l w wi~ pe.~d~ng: and ~he futl a~nounl ol e~th ic+d rvt+Y suth pay~~ent aMll be~r intero~~ hpn the da~e thereof v~~il p~id ~t the
r~te o! ~woe per crnt~m ~u~ ~n~w:n; aa~d all s~id cosrs, cMr9es anJ ea~~us ~ncwred p paiti, tog~ether w~~h svth i~~a~a~l. sMll b~ setured by tM I~ett o1 th:~
m«row~-
4. iha~ in tl+e eveo~ of any lxrach of ~h~a Mwtgaye o~ delault on ~Fu part of tF+e 1NORTGAGOR. a~'ti) 7n ~he event ~ny of sa:d sums of mo.wy
herein ref..war1 ro be nu~ pr.vnpNy end fully pa~d within ~h~r1y 1301 deys nt.1 ahcr Ihe sa.~x severally becom- d~e and paysble. withoul dsmand ot nolita,
o. td in ~he event ea<h and eve.y ~he snnula~.ons. agrerMne~. cond~nons s~d covenam• of sa.d pronHS:o~r nols and th~s ma~ya~e a~y w eiMer ar~ no1 .
~~lY. promPtly a~w-! 1uUY perfo+~~xd. J~xh+~gcd. earcvttd. ~lfected. compl~ted. compl~d.witA ~nd ~b~ded 4y. t1»n ~n e~ihee or ~ny such ~wnt tM wd p~
grtga+e aum ment~ud in sa~d Fva:uss«y rwre then re.n~~nug unpa~d. with ineq~e.t ~ctr~ed. a~d atl mpneYS ,secu~ed hrreby. sta:! become duf a~d pay-
abte fathw~th, or the~eal~e?. ~t the opt~on of sa~d MORTGAGEE, as ~vliy ~nd comp~e~e~y as il •11 of Hw i+~d suma of money were ap~.ully ~t~pulated
to be p.~.d on s~,ch Jay. eoyth~ng in sa.d pramsao~y note a i~ thn Mat9age to the conr~ary notw~~hs~ard~~.g; and ~he.eupon o~ ~herea(te~ at ~M op~ao of
s+.d MORTGAGEE, vr~thout nonce o. demand, swt at law or in equity, therelwe or thereatter beyun, may be {xosecu~ed as if all moneys setu~ed lwreby
ned maturcd pno+ ro as ~nst~t~~~on.
7. Tha~ i~ the e.ent ~ha~ ~t the begin.~~ng of w at any rime pendi.,g any wit u~ ~his Mc+.rgage. a to fo.eclose it. o~ lo rofain it. o~ lo enfau
peyment of sny c:.,~ms he~eunder, sa~d AWRiGAGEE shall appty to ~Ae Cour~ ha~~ng ~vrndac~~on ihe~eof Iw the appO~Nmr~~f O~ • Rece~ver, such Court shall
fo~thw~~h aM~ei~t a rece.tie+ ol sa~d morlgaged prooetty all and singulu, incl~d~ng all ar~d s~~~qu~ar ~he income, p~ot~~s, issues and revenwes from whatever
s:~:,.ce de~i.ed. e.xh a~+d every of wh~ch, ~t beiny ea~xesaly ~rrlc~stood, ~a hereby mo~rgagcd as il s~xc.f~ceUy u1 fp~h ai+d deunbed i~ the 9ran~ing and
h.bendum clauses he~ro~, and such Receiver shall have all the l+road +~c et~e~a~ve fv~ct.o~~s and porre~s in anyw~u entrus~ed by a Court to • Receiver, and
s.ch appoinement sh~ll be msde by s~rch Couet as an +dm:tteci eq~ity and a-~e~e~ of abso+ute r~h~ to sa~d INORTGAGEE, and wi~hout re(erence to the
ad~vaty w~~wdequacy of the value of ~he propcrty ma~gaged a to the w~~ency or ~nio~vency of said MORiGAGOR a the defend~nts, and that such
re~rs, prul~~s, u.co~»e, ias~,es a•~d revenues shall be appG.d .,y suc:. ~ecr~Yer x~ordu~y ~o ~he 4en w equ~ty o! a~~d NIpRTGAGEE and ~he practice o( such
Court.
8. To duly, promptly and f~lly ~vform, diuharge, e~cecut~•, effrd, comp4ete, comply w~+h •~d abide by NCI1 Alld lVHy fFlp sNpulation~, ~greemeMS, ,
cond,tioin ~nd covea+anrs sa~d prom~ssory no+e and this m.N~grge se~ Ir.th. '
9. Thst in the cvrnt rhe owne~ship of the mortgayed p~e.n:ses, w~ny part thcreof, bccomes veated in • person other tM~ the MORTGAGOR, 1M
h'JRTGAGEE, its successws and sss~gns, avy, w~thovt norice to tne A10RTGAOR, dcal w.th such succeuw a s~ccessor in imerest with reference ro this
~~o•tgage u+d the d~b+ hereby secured in the same man+ur as w~th Mortgigor wifhaut in soy way vit~ating o~ d~xharg~ng the Moriyaqori li~bility here-
:~^der w uF~on the debf f+r~rLy sec~red. No sale of tha Fremis~a he~eby mo~~gaged ~nd no forbearance on ~he part oi ~he fJIORiGAGEE w ita tuccessors
o~ ass.g~+s and no er~e~s~on of the tns~e lor the payment ol the debt hercby secu~rd yiven by Ihe MORIGAGEf or its sutceswts ot ass~gru, shatl operaN
io re~ease. d~scherge, reod~fy char+ge or affect the org~mt liabd:ty ef rhe MARTGAGOR herein, ei~her in whole or io part. '
10. It is sper}+celly ag.red ~ha~ ume is o( the esunce of this contract and that no wa:ve~ of any obltgat~on hercunde? a of th~ obliyation sr
c~red hereby sh~1~ e~ any ~m,e thereafter be he:d ro be + 11Yd1Vlf of the terms hereoi w of the inst~umeM secured herby.
11. In add,T o~ !o ~he ICn~O ~~9 monthty payments of prirx pal and i~te~est requ~red by the prom•ssory ~o~e secured hereby, mortgagor cOVenaMs
e-,d aqrees to pa~ ro :~~o•rgayee v.~ih rach mJnThiy Pdy~ ~ent an adJn~onql wm .esnn~a~ed b/ mortgegee to be ey~ai ~0 1,-' 12 of the annual cost of the folbw-
A-A~~ r~at ;reper*~ tan:s le•.~~~' or assessti-d agai•~u t1.e above desc.iycd rea! estate.
B-Drer:.~,;ms on t~re and v.andsro:m ~nsurar.ce as here~n reqv~red to be car~:ed on the imp.oveme~ts s~tuate on the above de;u~bed premises.
C-Frr~~-•+.:^•s o,~ s.,ch m.xty~ge g~aranty icsura~.ce as mortgagee shall from t r.,e to time deem fit to carry on ~he ban secured hereby.
Mor•gagee s~~ ~~.om nme to t~me nofify mortgagcr i~ w:;ting of the amovnt ove and payable herevndrr and svch su-r+ ahall therevpon be due ~nd
~i T 31dt1~! on the cd_e o>~e of ?he ne¦t mpath:y payment and each s~ccessive month thereafter ua~il mortgagee shall nonfy mortgagor of a c6ange in such
~ a-.ounr. S.,ch sums s*e t~,~e •pp:~ed by mertgagee ?oward tF+e,pavment of real pr~perry taaes, insurance prem:ums, a~~d matgage guaranty insurance
4 .^•emi~mt. - ' ~
~ IN WITNE~S ME "Of the sa~d MORiGAGOR has herevnto xt his hend and seal the day and year first aforesaid.
~
Sg~Seal • a~ the p~escnce of: ~ ' - . .
v ~ 'ilL an
witness - ~e • 1 q ~
- v D
'r.l
II~"
L 6SS ROS6 ~27118T11 ~0
s-:.zE of Rl~mut Ne~r York ~
c~u~:rr s~ iG !r i c N ~ s%r~ _ ss. '
Bcfwe me ptnonally appeared AII~@ZO C. ~£2711817~ ' ' ~
ROS@ H. Germani h~s w~ie, ro .n~,~veN krawn and known to me ro b~
rhe ;nd;rd~.afs dexr~bed in and who exec~red tF?e pfw~egoir~g~/ instnru~meni, and ackno-~rledged before me tMf thay ;sa~ctrM! 1he same for the purposes
fhlrtiA !x~l33ld. A~ th! said [iV$e i'.• lJC1'~1~ ~ . . . ~
N~ f- ol rhe sa~d e~1le@ ZCr Ci . Ci@ IRti3Tl , - ~ yp~~ i s~par~te and privar~
e.sm~na'.w ~ by me taaen separate and apart f~om her said husband, scknowledged a and be~we mt tt~t she ~~ecv}~~ s~id ioatrtnrfem freely and volwr
ra•:~y and w.rhout arry compvision, const~aint, apprehenswn. ~ fex of or from her said hufband. .
WIINESS my Mnd and offic;s! seat tF~;~_ 3 J day of ~ A. D. 19 7~
ts: 7. a,,, d~'
oa PuW~c i~ a~d fa tl+e S~~a d~t L'rp~
My Comm~ssan ~:pi.a: . OT1C -
Retvro To: ' -
" F,su fedenl Savings a toan Assouatwn ~
y ~ s~t ~ w~~~
~ p~ icre P.•ce No. 30-0~00950
Forr P.crce, f~o.~da QWG}~itd ffl Nits~u GOUQt]t
C~R. fiit6 in wlstch~st~r ~ou~t1?
Term E~cpi?es March 30, 19~3
Th~s Instrument Prepared By W~n. ATnuA
First Federal Savings d~ Loan Association
of Fort Pierces ~1o2'fda
=hecked By",~----- - 8Uth~~ ~
l~s
-
~