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J. To p!ace and conrinuo~sly lrep o~~ ~he bw d~•~9s ~ o.~ or hrr; a'~er a:t~ate on s~~d land a~~d on a~i rqu~N,~~en~ and persor,a,~y cove~ed bY th~s mor
a9e. w:th all prem~u~,s thrreon pa•d ,n fu:l, f~re ~~~s~~a~:c~, n~h~• s~.:~:f.,•d po'~cy ionn, in a a..m a~pro.ed b~ rhr h!OR~.,;.:3EE. a~,d w~ndsto
ra~rance in the usual ~!anda.d po:.cy fom,, in a s. n aEH~.,.ed L~ th.r ,ti1.~RTGAGEE, in such co+rpany or co+npan,es as the A10RTGAGEE , ~
d rect; a~d all fire aod v`:nditorm ~ns~~an~e ~ o~~c~rs en a~~y oi s3 d b~~ d:r,gs, any inte~est therein or ~ a~t thereol, in the aggrrg~Te w~~ ato~esaid
excess thereo(, s~a~l :ont,rin the ~sual sta~dard mo~+g+gce c~suse a i..ch OIh2r c~~se as the Mortgagee may ~equ:re, meAing ihe ~oss undr~ ae~d po ,
c~es, each and every, pay~b'e to sa~d A~ORTvAGfE as ~H ~ro~•~:i~ may app_sr, a•~d each and e~e~y svch po'::y sha~l be prompuy assg•~rd e~~d de~~.~red ~ ~
any held by said h10RIvAG[E ds furthar SrNrity ro S~~d n.orr~~3e dcut, s~~d, not (tss than ten (10? days i,~ ad.~~~ce of the expirot~on of each pol~cy, to d. ~
...er ~o sa~d MORTGAGEE a renevv~l the~eof, toge~her wuh a rece~p~ tor th~ prr~~~um of such ~e~~~.vai; and ~i~cre s~~aii be ~~o t~,z .~,~•dsr~,+n ~r.su:anc
p'aced on any oi sa~d b~~:d.•~gs, any in!erest the~c:n or pa~r th:•~cof, ~^:~ss ~n ~he for~.~ a•~d w~+h ~he ~ois payable as afo~esa~d; a^d the event a~~y sun
of money becomes parable under such po,~cy or pal~c~es sald A'.JRiG4GFE sh;il have ihr oH~.on ro rec~•~va .~~~d a,p'r t~,e sa~ne on ai:o.+:v of the indebr.•d
neu secured heraby or to prrmrt aa:d MORTGAGORS ro rec~~~~e a~,d use it w eny p~:t ~h~,:•-of ru• e:n• r s:u:; ~n_•s :::~~.o.:t ih
,ng any equ~ty, Gen w ~+yhi undr~ or by virtue of in~s m.orryagc; ar.d ~n the evrn~ sa d ti'~OBTGAGORS sh.a!I :or any rrason fail to kcr;: ~he :a~d premises so
~nw~ed, or faii to de~~~er promptfy any of said pol,c~es ot ~nw~.~nce to sa d MJRTGAGEE, cr la~' prcmpc'.y to poy fu~t~ a~y p~e thcretor or ~n a~Y
,..J Au'.D:''..l'1:[ n.av ~iara a~*ti
respe:t tan to perrorm, a~scnarye. axecu~r. eiiru, w,~~H;r~o. w~~N~~ .~.;.i. o.,.i ;:..i .
pa~ fw such insuran<e or ar.y part thcreof w~thout wai~~ng or etf~•ctirg any opt:on, Isen, equ~ty, or r~aht cnJcr or by virt~e of this hlortgage, and the
i„il amo~nt of each and e.ery s~ch paymaM shaii be ~mmed~ateiy d:~e a.~d payab~e and sha~l brar ~nter,s~ frorn tF~ date thcreoi unr~t pa~d at the rate o! ,
~~~~e pe~ cemum per annwn and to~a~hrr v~~rh a~ch inrcrvat sh~~, ;~e s~:~r.J bq the I~en of th:a mortgage. ~
d. To permit, tommit or suifer no waste, impairr.;ent or dcte:~or~t~cn ot aa~d property ot any Rart thereof.
5. To pay all and s~ngu!ar the costs, charges and ea~~ens~~s, ~r..~ud~ng a rea;anable attomey's fee- and costs of a6stratts of ti~+e. ~ncuned ot pa~d at "
>ny fime by sa~d MOR?GAG~E, becavse w i~ the event of th~ fa.~ura on the c.art of the sa~d MORTGPGOR to duly, pranptiy and fu:ly pertorm, d~uharqe
e.ecvte, elfect, ce~np;ete, comply wnh and ab dr by ea:h a~d e~ery ih~ st~p.:ai uns. ag::e~-~ents: cond~t~ons, and covenann of said p~on~!ssery note and ihis
ortgage any or e~ther, and sa:d cosn, charges ard ex~ens~•s, each and a+~r y, shalt br immedealaly dve and payab:e; whethzr or not thrre !x not~ce dt
e•~d, attempt to to~~eet or s~it pend~ng; and rhe futl an.o~nt of e~ch ar~J ever~ wch payment sha~i bear inr~rest from the data thereo~ until paid at the
: o~ nine txr crntum F.~~r annu~~; o•.d ali ss~d ;csts. :tiarges aad ex:.r~•ses ~rxu:red or paid, togathrr w,th suth interest, shail be setu~ed by the 6en oi thii
moctgage.
b. That (s) in the event of any breach of th~s Morrgage or defau,t on rh~ pa.t ot the N.ORTGAGOR, or ;b) in the eveM any of sa d sums of mo~ey
hrrein referrrd to be not pro~•~ptfy and futly pa~d w~fhin tt~.rty ,3J` da;s ne.! a•r_•r the s~:ne sr.era:',y bece~ne dce and payab!e, w~thout demand or no~ice.
_r ,Q in thr evero each and eve~y the stipulat~ons, a3reements, tc~:d~:~o^.s and covenanrs of sa.d prom~ssory ~ote and th~s mort9age any or either are not
iu:y, promptly and lufiy ,.erfo~med, ds:harged, e~ecutrd, etfected. co-np~et~~d, co~nFt~ed w~th and ab~ded Sy, then in ei~her or any such eve~t the sa~d ag-
y~egate sum ment~o:~ed in sa~d pronussory note thrn remaminy ~nfa~d, w~th inrrrrst ac:c~,~d, a~~d atl moneys secured hereby, shalf become due and pay
ao e forthw~th, or thereafter, at the op~~on o? sa~d 610R1G:~GfE. as f~:iy aix~ compir+ciy as ii a~l oi thr sa~d s~ms of money were or~ginally st~pu~atrd
rn t~e pd.d on suth d.:y, dnything in sa.d pro.n~ssory nCte o~ !n this Mortgaye to the tomra~~r not~n,ithstand~.~y; dnd thereupon w thereafle~ a1 th! opLOn of ~
d A~O~TGAGFE, v.irhove rof~ce or demand, su~t at tavv c. ~n equ~ty, theretore or lhereaftrr begun, nay be prosecuted as ii all monrys secured hereby
n,d matured pnor to ~ts ~nstitution.
7. Thnt in the e~e~t that at the begirtnln9 of or at any t~n~e pend~ng any su~t u~on ~h;s Mo•tgage, ar to foreclose it, or t~ reform it, or to enfo~ce
F~v^~eM of any ciaims he•eunder, said MORTGi.GEE shj;; apply to the Cc~rt ha.u•g yo :sd,ct.en in~~rrof fer the appo~nunenl of a Receiver, such Cou~t shail
rchw~th appo~nt a receb.er of said mo.•ty&9~•d property aC and s~^g~,ar, mc,cd ng ~i~ a~~d s~~guiar ice income, proias, issues and revenves trom whate+er
s_~~ce danved. each ar.d every of wh:ch, ~r t~r~:-g exp~~~s; y und_•~sro:d ~s Fr:_cr m.er~9a~~d as ~f spec,l~ca:ly set fonh and descnt~ed in the g~anring and
F: ~end~m dauses hereof, and such Receiver sha~~ have au rnr b~.;ad ar.d e~.,c!..c• furu cns and po.•:ecs in anyw~se enuusted by a Co~rt to a Receiver, and ~
ch appoin:ment shail be ~ade by such Cev+t as an ad n~ttrd eq~;s; a~ed ~ ~•arfer of a6sowre r~gni to sald MORTGAGEE, and w~shcut re(erence te the
{:i_q~acy a inadtq~aty of tF.e vaEue or the properry mort~aged or to the sc vercy or ~„zo'..ency of said MORtGAGOR or the defendants, and that suth
^~s, prof;ts, inco.ne, iswes and revenues sha~l be app,~ed 6~ wch Rece~~e~ ac:ord,ng to the t~en or equity of sa~d M~RTGAGEE and the preuice of such
Couri.
8. To du!y, p~ompr:y and fu;!y perform, d~xharge, c•xe<ute, eifeci, comp'ere, ca;~ply w~th and ab~de by each and every the stipulations, agreements, {
.ond;tions and covenanis ~n sa~d pror,~ssery nere a:;d th~s rn„~:yage srf forrh
9. 7hat in the eve~t !he ownersh;p of the mort~aocd pre~~,~ses, c~ a~~y p~rt tncreoi, 6ecomes vested in a perwn other than the MORTGAGOR, the
:'~RiGAGEE, in svccessors and ass~qr.s, may, w~thou~ nc+:ce to rh.~ ;:,ORiGAOR, dea: w~1h such successor w succrssw in imerest wi~h refe~ence ta this
o•tgage and the d>bt hereby secured in the same manne. as x~th :11or:~~qer w~th~ur in any way vit:ating w d~scharg~ng the /dortgagors' Iiability hero- ,
_i ~~no~cnccc i
, ~~aet Of vpOn Ihe urUl neeruy scw+ral. ~:u aa:c a'i ~i~r F:c:,.;a~y :~.,cu~ „~...:y.,y~.: '•G :.;.~.J.:~C G-, ~,~:5 e._••~•••••~
ass~gns and no eatersion of the Lr-~e for the payment of the debt i~erci;y se.~red g~ven by the h50RiGAGEE or its successors or ass:gns, a~iall operate
~o reiease, d~scharge, modify charge or affect tne o.~g.nai :lao,lrty oi ihe 1d.ORTGRGOR here~n, e~ther in whole or in part.
10. It is speuficatty agreed rhat rime is of the esse~:ce of th;s co~,traa a~d tha+ no waiver of any obligat~on hereunder or of the obligatan se-
a;-ed hereby sha!: at an~ tinee thereafter be hcld ro be a wa~~er cf the terms hereuf o~ of the insuument sewred herby.
11. In a;id t.c.~ to the (ore3c r.~ •~~onrh'y F:a~n,_ms cE ~ and i~rc~es! requ:red by thc pro:r. sscry nere sc:urzd hcre6~, mortgagor eovenants
~ j agrces to ray to morf~agee ~n•th each no+~fh y ra.r e•~+ ar ad.:i •~~nai sa^, ~sr., a~ed b~ mo~tyagee to be equai to 1, 12 of t:1e annual cost of the follow-
F .
A-A!1 rea! propert~ taxes ie:~e,~, or assess~,ci ~g.s~ sr tht ,?i:oae d._sc-ib• d r,a! esrare.
~ 6- Frarr.~~;~~nS on f~re ard windsro~m ~nsurarce as ne~e;n r~q~.r~d ~o be carn~.~d e•~ the :mprovements siruate on the above d:scribed premises.
` C-Prern~ur~•s on svc!~ mong;oe guaranty ir.s~ra• :e as mo•t3ayee st~a~i fru~r t^,~ To t~me deem fit ro carry an the loan setured hereby. ~
~ Mortyagee sha!V '.rem time to h^;e ~e~~fy mo.ty,:gcr ~r. wnt:ng of the a•ro.,~~t d,e ar.d pa~abfe hereundrr and such suT shalt there~pon be due and {
,,ab!e on the d~e aare of the ~~•_.t n,o-:rh:~ pay~~e~ir a:~d e_c!~ suco~svve mo~~:h tnereaft~r uct~! mortg3gee sha!I not~fy mort~agor oi a change in wch j
' ,~unt. Such wms s~a:i be apE:„rd by mortgagee to~rvard the payn,ent of rea! prcperr~ taxes, insurance prem,ums, and mortgage guaremy insurance
k .:-e~niums.
~ IN WITNESS :VHEREOF, the sa~d MORTGAGCR has hereu-~to set his hand and se~: the day and year rst aforesaid.
~ ~ Sig~. Sealed a~ delivered in the presence of:
; 'd ? ? ~
~ ;lness i lt- ~ _ ~ (Seaq
~ ~ t R .;:a "e < `7L~IGL~Seal)
~~,~1~~ss ~~~G'~c t G-~~4;_~y~~~ R th Fuller Bon 1 cs~ai~
~
~ S'ATE OF 8(a@mQ? New York ~
SS.
' COUNTY OF 'S J~TN _ ~
~ Befo~e me perwna:ly appeared Harzy Bonnell _ a~d
Ruth Fuller BOAilell _ his wife, to me well known and known to me to be
_ !~r ind~viduals deur~bed in and who executed the foregoing instrument, and acknowledged before me that they executed the same Eor the purposes
titi therein expressed. And the sa~d Rut h Fu l le r• Bonne l l _
r;ife of thp faid Harry Bonnell . , upon a separaTe and privsfe
" examinatioa by me taken separate and apart from he. sald husband, acl.rwtedged to and before me that she executed said instrumem freely and volun-
~arily and wiiflovf a~y compuls'son, constraint, apprehens~on, or fear of w from her s d husband.
~ 71
WITNESS'my F?and and official seal this_ _ day of_ ~C mber A_ D. 19
- EO aK~ aEC4a0 • ~1~Fl.y ;
- , i 5~~'`U~f~ r+OVMTY ~ Notary blic in and fw the State of ils~i~}~1r~ E~+' `t0 A~
a. ?~IT~AS • ~
F R0~ ~ ~ JI~ COU~T ~~4~ My Co ~ss~on expires: i,. , ~f~s;i
CL~,ZK , r ~~i
"Qetuvi. io: , :
First fedesal viogs-~ loan Associat;on [r(^~~1 V~ ~`•t~fD'.•~~'~~ J
: R . A~YROH NI: FP1fDl0.AN ' :l :
, of ~ FoN~P,E 1 io AM' ~ ~ • . . . ~ ~
" p y
t'
r F cn d3 tler ~ q ' Nolary P~bGc, Stale of N.ewYak ; ~
~ • ;fort ' ei, 11 Sultivon Co.mry Clerk's ~ 596 : , _ ' -
: s.- : J 2~1189 . - . ~ :
:5 Co~wiuion Eapuw M~rch 30, i973 . i
= , :j r - - '
- This Instrument Prepared By 3ohn W. Collins Z:
~ First Federal Savings & loan Association ~`~-r'~~-,
- of Fort Pierce~ F loz i da
_ ~
='`s Checked By R PAGE~O~~
~
- . 600K ~
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