HomeMy WebLinkAbout0093 3. To {-at~~ ar.d cont~n~ous;y Meep on the bui'Jii~7s ncw or hereafte~ sit~ate on sa:d land and on ali equipment and penonally covered by thif mOr
ega, vv,th all pren:~~~n5 th~rron p~ d in I~U, Fire ii:s~ra:xe in the usuat slaiw~erd p0•~cy fO~m, ~n a s.,m apprOved by tha A10R~GAG~E, and wi~~dst0
!r~su~ance in the us~a~ s•.,nJ~~d po:.cy form, in a sum aFpro.ed by the MCRTGAGEE, such to~npa~y or tumpanies as tht MQRTC~AGEE m
d~rect; a~d ol~ fire a:.d ~r.ndslo~m ~nsw•ance pulic~es o~ any of sa~d b~itd~ngs, any inrerest the~ein or pnrt thareof, in the a9gregaie svm aforesa~d
in e.rc~~ss ~h~~rcof, sha!I :u~~to~n the ~sv.:~ sta~~d3rd mOrig3~a0 uause or such o!h:r cla~se as the Mortgagee may requ.re, ma~in~ thr ~oss unJer sa~d po
c~es, cach a~~d c:rry, pa,a~'e to aa~d ~~~ORIGAGEE as ~ts ir.~rrest may appear, and each and every such poucy shall be prompNy augned and dr~ivered ~ 1
any h~•id by se d ~AO~tGAGiE as fur~her a:cu.ity to aa~d ~~:o:rgege dtbt, ar.d, not less than ten (10) days ir, adoance of ~he exp~~at;on of each poiicy, to d~
i~~e~ ~o sa~d '.1JR~G~G~E d 12~1dY.3I thcreof, toge~her .vifh a rece~pt for the prr~nium of such ~enrwa!; and ihere sha{I be ~o f~~e o~ w~+~dsto~m insurant
piaced on a.~y o4 s~ d bu~'d•ngs, any ime~est there:n or part ~hereof, unlrss in ~he fo~m and w~th the toss payabte as aforesaid; and in the event aay sun
of n:oney l~=•co~~~.es paYeb:r under s~ch p~iicy or poLc~es safd MORTGAGEE shaU have ~he op!:on to rece~ve a~~d app:y the sarne on acco~m ot the indabtrd
nass sa~~..rrJ hr•~•by o~ ro per:~s~t s~:d 1AORTGAGORS f0 reCei~e ar.d uSe it Ot any part Ihe;rof tur C:n•.'r pur:.-osrs. ~v~th~~,;: th~.~~.o~ w~~vi.i3 Cr u"pau
iny any ~y~ :y, i:en or ~;yht unde~ oc by virwe of this ~~oc'gjge; and in the event sa.d ~50RIGAGORS shall `.or any reason fail to k~ep Ihe sa~d premises so i
~ns~r~d. o~ f.;~l to de:~~er pru~n~,t~y any of s~~d pol~ues of insurance to sa~d h10RTGAGEE, or fa~f promptly to pay fu'~ly any pre~n~um thcrefur or in a~~y
res; ccf 1~~! to per?u:n,, d~schar,~e, exec..•tr, effect, complete, comply with aod ab~de by th~s cove~~em, o. any p~.~ ha~eof, sa~d MORTGAGfE may place a d
ya, 'to+ s:,ch im~n.nc~ ur any pan thereof w~!hout waiving or affect:ng any option, lien, eqv~ty. o: n~ht unde~ w by virtue of this Mor!gage, and the
t„u .,~,~o~„r of each a::d e.ery s:;ch pa~mrn? sha{I be immedietely due and payabte and shal~ baar inlerrst from ~he date thcrcof uniil pa~d at the rare ot
, e~•r~ c~•n~~:n per ac ~r.d to~_ih~•r w~rh such ineer~sr shat~ be sec~red by tF.e lien of th~s mortgage.
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A. To perrnit, com~nit or suffer no waste, impairnxnt or deteriorat~on of said property or any parl thereOf.
5. To pry all and s:ng~lar the cos~s, charges and eapensrs, :nclud~~g a reaso~ab!e attomev's fee and cosfs of absrrads of title, incurred or paid st
t~ , e vy a.;~d MCRiGAGEE, because w in the event of the failure on ~he part of the said MORTGAGOR to d~ty, pro:nptly and tully pe~fwm, d~scharge.
_,~;,.r~•, elrett, cc:np;e~e, ccrpfy ;:~~h ar.d a~.de by each and every the stip~lat,ons, agreements, conditions, and covenants o~ sa~d pronussory note and this
r„rty~~: drty or eaher. and ::,,d costa clw~r~wa w~u! Pr.woa.+e. ?a~h and every, shail be immrdiately due and payab:e; whethe~ or no1 the~e be not~ct dz
d. are ~ pt to co,~rcf or s~Jt pend•ng; and the ful! a~nount of each and every s~ch payment shalt bea~ irterest from the date thereof until paid at the
~ r,- _ ,<<.c: cen'._.r• ,.c; ~:~d a~i sa~d costs. cr~a:ges a^d ex::enses ~~turred or pa~d, togethet w~th such ~nterest, shall [x secured by the tien o1 th~s
;•:ortgage.
b. ihat ;a~ in thc event of any breach of this Mortgage or defauft on tF~ part of the MORTGAGOR, or ;b) ~n the event any of sa:d Sumi of money
!~rc~~~ rr`•~n~~ r.~ b-~ ~~ot Er~,~~pt.y ond 4uNy pa~d with~n th~rry (3J) days next aircr fha san,e se.era'ty beco~ne d~e and payable, w~ihout demand or norice,
_r ~,c? ~n rhr e:enr ~~:~;h a~~d every ~he snp~'a~ions, ag~eements. condr,;ons and covenann o! sad promfssory nofe a~~d th~s mortgage any or e~ther are not
i„'v. F~ar},riy a~~d ~.erfonned. d schargrd, executed, etfected. compiered, compLed w:th and ab~ded 5y, then in enher or any auch evem the sa~d ag
~~~;.~+r sr*~ ~.~.,~,~~+e ~~n sa d pror.~~ssory ncte then re~naining unpaid, wnh intere>t accrued, and a:! moneys setured hereby, shaii become due and pay-
,:;e ic~v~,.ti rh, cr ~F,r~•ar~e•, ar ihr cn~~on of sa:d h10RTGAGcE. as f~ily and Comp!cte:y as if a~l of t!,e aa~d wms oi money were ong~na~iy s~~pulated
._~cF ;,,f~t„•~~ ,n s~d pron.ssery ~ote or in ~his ti~ortgage ro the conrrary not.v~thsrar,d:ng; and ihe~eupon or thereafte~ at the opt:on ot
N,,..-~•r ro+,ce or tl~~t~and, wi~ a~ law or in equny, therefure or fherraiter bey~n, may be prosecured as if all moneys secured hereby
;i ::,~~,;red ~.r.or to ,ta ~~,tnr~r:on.
7. Tha~ the e,ent rh,r ar The beyinning of or at any t~me pend~ng any su~t upon th~s Mortgagr, or to foredose it, or to reform it, or to enforce
. c•~r e~ e•:, -s ~e•e.;~ d_r. sa:d M1~ORTGAGEE sha'! apply to the Cevn havi~~g ~~r~sd ct.un ~i,rreof for the appo~nunent of a Rrceive+, iuch Court shall
~,,,•r, ,,.t a«_ ~,er c4 s.~~d ~*~o~!gay~•d property ail and sing~~ar, inc~ud ng a~l and s~~•3u~ai ti:e i^come, pro(ns, issues and revenues lrom whatever
.~<i e::~, a~d e~e~y of ,n~,;h. ~f bc~~~g express'y ~nderi~ood, ii h.e~e:.~y mongag_•d as ~f s~:of~ce~~y set forrh and desue!=~~ in the g~annng and
~ ~~.s~s h~,•,ei, ,rd s.:t, R~cr,.er sha,~ have aH the broad a~~d effeu~Ye fu~~uo~~s ar.d po.re:s in anyw~se emrusted by a Cou.f to a Recri~er, a~d
~..,r s~,, . cr ~ ~,1e b> such Co~rt as an ad:~rtree equity and a matter of abso~~te r,ght te sa~d A1pRIvAGFE, and withcut reference to the
,~._~c~ o+ r~:e va:~e ct rhe prope~ry mo~rgaged or to tne so.vency or ,nsa~ency cf sa~d MtORiGAGOR or the de4endants, and tha~ such
s,.cr •s ~,c -e. ,ssvrs a~~ti •.._r~:ves sna~~ be app~~ed by such Recr~ver acce~d~ng to the I~en or equity ot sa~d MORTGAGEE and the pract~ce of s~ch
Ca~ rt.
~ 3. 'o e1.: c•: i' y ~~~d fu:~y perfprm, d~s-tia~ye, exECU+e, effect, compfete, cemply w~th and abide by eacfi and every the stipu!ations, agreements,
R :~.d +s ~-d s~~s ^ s~.:i pro-:~ssory no~e and th:s n,ortgage se~ forth.
~~•he ;,~~t th~ c~:rr~shlp of the mort~aged pre~~~ses, or any part tFer>ef, Eacomes vesled in e person cthtr than ihe MORTGAGOR, 1he
! . v R'.G~GEc,• +s s. c:•,ss.-s a d~ss:g~~s. may, v~~tho.;f ~c~~ce ro th~ ,~1pRTG%-OR, deai w~th sucn successor o~ successor in ~nrerest w~+h reference to 1h;a
f •~-3c a d•h, d- ~cby secu~ed ~n rhe same :*:anner as v.+ih Mori~agor wnhout in any way vit:ating or d;scharg~ng the Mortgaqori liability here-
~ cr ~;•o~ rn.- c; r_,~~; s~~c::ed- No saie cf the Fre~n:ses hereby rno.tgaged ard no forbearance on the pert of t:K MORTGAGEE w its s~ccessws
~ • esc ; s.~ e' o~ +n<• r~ .e fer The pay~ e~+ of tne debt hc~•eby se~ured g~ven by the h10RTGAGEE or ~ts successors or ass:gro, ahall operate
~ ~.~:e, c: s_n ~~~e, .,~i :~.a~ ge or a?fect the c~~~~nal G3u..~ry oi the MORTGAGOR here~n, eithe~ in whote o+ in part.
~ ~ ~ i+ :s s:.~ c*:::.; =,n~.~rd ih3s nme is of the essence of th~s conuaci and that no waiver of any ob':gat~on hereur.der or of the obligation s~
~ ~cd i:eret•y s' i: e' er•~ t, - r`h~rta~!er be hi~:d to be a~n-a~+er of the terms hereo4 Or of the instr~ment sew.ed herby.
~ i. : i•. r.~. ,-r orch r;;a~~r;•ms ot ~.•n c aa; ar,d ~„rres• req~:••,d by •he p~om sscry nc'i• s~:u~ed herrbj, mo:tga~or covenants
'.t -__s _~:_r ..:~h rac~ :_,~h ~ r~,• e~:e er. aa,,. ~~r~a~ s..~~ ~~s• . atev bi mo+ty.3gze to be equa~ to I 12 of thr a~rwal cost of the foHow-
;
A . ..i . . ~~.,•s ;c. _ : o~ ass_s~_d . sT tF-._ ai ~.e desr,;~„d r:a~ ey,a•n
~ E i , s a-~o .:,ncs~v;; ~r.su•a-ce as i,rr..~~n *~~G~.~^d to be carried cn tl~e .mF:roveme~t: s:tuatr on th~~ abave d_scr;bed prem~:es.
r'• s c~ :h ,r*.; ~ge a..a~~^:ty ~cs~~a~ .e =s ~rc•~aayee sn,i t fre*• r r-~e ~o n~~ dce:-i fit te carry or. the loan secvred hereby_
~ ro.. ~ e mcrt,a~c• ~n w•~!.ry of tne a~ o.~t d,e .r.d payab!e hereund,•r and such su.~ sh~!f th~~rcupon be due e»d !
~ _ ~ ' `~`t °!F: r F r,.-~~T a~d e~.~ so:c~ss~ve To~tF: fi.e*eaft~; u~!i~ mcrtgagee sha~; r.ot:ty mu~~ga~or o( a change in wch
S.n .rd c•~ merrgay ~e tor.rd tne ra~ • ent of ~rai proFe•ty taxes, ~nsurance prem ~.ns. a:~d mortyage gua.anty msurance
~ ~ S _ ^
~ .'.~i ;.H~R;pF me s~d MORTGAv~~ has here~~io se' h~s hacd and s:ai the day and ye first afor sa~d.
~ d Sea:. ::d de:ve~ irt th ~preser.ce of: '1~~~
1 - ~ s ra .~i a cs~+q
~ - +~,I7~`=~ ,
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f-.- ` ~ ~-CG~s/[i~~
~ ~ L K 4 _ ' ~ _ ~ ~ r -(Seaq
.~itness • ~armen a a ~~~i~
~ ~ =.?E QF K6R19A~~ - ~ - -q~ - - I
~ - -~G~.3~Z~~ ? SS.
~~'dTY OF - ~
~ Be:orc .~+e persc~a:~y apa~.ed r rank Sabat _
~ Cazmen Sabat
his w~fe, to me well known and k~own to me to be
~ ..,i_a.s desu~c-d in a~:f who eaec~ted the forego~r.g instrurtxnt, and acknow:edged before me thaf they executed the ~ame tor the purpoxs
~
''~_..e.n rRp~essed. And the Sii~d - - Car1DQR Sabat -
' - •
Frank Sabat ~
~ : c,, r,{ ~„o sa d _ - upon a separate and priwte .
= .•,on by ~ r~1~~n sr: a•.~ee and enan fro~ her sa~d husband, aci.~owtedged to and befo.e me that she e~ecured sa~d insvument freeiy and vo€un-
~ o~.d v.~?hwt a:•~ .o-~-,.;,s~on. to~~stra~nt, apprehrns.on, or ~ear of or from he~ said husbar.d. /
3 W[It~1~i4 iny hand a^,d off:ca? sre~ th~s - day of__ __1'~ /+~1/ , A. D. 19_ZL_
T
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MAR7Y COIACCHIO Nora.y P~b'~c ~ for ~h S~ate of~ lda et larye
- ~ My Comm~is~o eapires: IV ~ Y•
NOtary PuCI~c. St:~t~ Of N8W Y0~ '
~ rn ro• No. 03•Oti%550
'I Firat F ings 6 loan Assoc:._t.un QU31~TiCd in E3rOnx CJUfIh/ ~pEO
_ ' Fo.r P~~:e. Comm~ss,on E~~res ~~a~en 3q ~~73 f1~Ep AK~ ~ECD
9,~cr St.lUC1E COUNTY fl
_ - ~ - AOGi.R P01jRA5 ~ ~1
~~R~ ~ER?f EO COUAT ~
= RECO T • ~
~va. E. Braun ~
= This Instrument Prepared By ` ~ P[I 1~ ~
" Fi~st Federal ~av;ngs & Loan Association ~~O J
' of Fe-! Pierce ~ Flozidat 21860
~ By ,
- _ _ - - -
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s ~ ~ ~
v. n
a~RK 1y7 ~~~f 93 ~ ,