HomeMy WebLinkAbout2011 Ti~~~ rn~ ol w~J ~YAI• uf ~oue~y he~ei~ ref~ned ~o !?r no~ p~omptly ~od fullr p~~d wilhie thirty ~3~~ A~„ wett
ah~•r ~lir >aon• ?r~~rall~ L~~um~~ Ju~ ~nd pay~hle, o~ i1 t~~h ~nd ~.~~•r ~h~ Nipul~liom, r~tr~~m~nl~, ~nndiunn• ~nd ro~~n~nu uf ~J
pr~~~u~..~~r~ n~~~.• ~nJ ~h~+ JrrJ, ut rNhr~. ~r~ not lullr prr~orn~~cl~ ~u~~p1~~J w~~h •n~l ~6~~J~•~ I~y, ur i~ p~)mrnl~ dluw~d 1~ 1~?~Mwe
~t.lin~~u.•u~ ul~•~u •n' yr~ur D.yib1~ forlhwi hr or A~ •a(terP.~~i6h6r'1MA ~Ihr 1
1o/IR~~r~ ~ fully ~~d,~on~plrl~ly u1 il'th~ s~iA •~r~
~~ut.• .~~r~~ ~~r~ uui.~ ~ ur •O~~ N• ~
Ra~,. „t .~nl p~.~nu~s~~r~ nol~ ~+p ori~tinallr ~tipulNed lo bt p~id oo w~h d~y. ~n~~hinR io sanl prom~uory nu1~ o? h.r.in ~o ~hr ~~w-
Ir~n uul~~d~>Ia~~dmR
U 1 '~1 in o~der te ~eeelerue tF~e matu•ity tbe indeb~edne« 6erebr secu~ed. bee~we of the (ailu~e e( 1bs M~~tppt t~. p~1 ~ i
u~ ~~wneat. lisbilitr. oblip~io~ e~ encumb~aoce ~poa ~aid prope~ty, u I~crein p~orided. it dull net be oectwaq K~~uuts t?M ~
the mo~t~ta~ee ~hall 6nt p~1 tbe ~ame.
2. The 11ort a ee ma , at tw o tion. and without waivin hi~ right to acy~~~ t~y~. i~ebtedaea~ betr.b~ j
~ecured and to forrglogie the iame. pay either betore or a(ter de~iaquenc~• any or t~ ~ thbie~ rt~ia abliastior :
requi~td by the term~ hereof to be paid by tht Mortga6or [or the protection o( the a~brtgs~e ~ccurily ot (or tbe oollea ~
tioa o~ the indebtedncN hereby ~ccund. Atl ~unu w advanced or paid by ihe hlort6agee ahall be ch~r~ed-into tbe i
mort6a6e account and become aa integral part thereof. ~ubject ia all respects to the ternu. conditiow. and oo~eaasts ~
o( the afonaaid promieaor~• note, and thi~ mort6a6e. as fully and to the same extent a~ thouah a part of the ori6iwl
indebtedneN evidenced by said note and ~ecured by this mortgage. exceptiaa however,.that ~aid anmi ~ll be [epud
the Mort6a6ee forthM~ith upon its demand and be in addition to the regular monthly in~t~ll~nents provided b~ t6s
~nort6a6e note.
3. That the abatraci or abtracL of title coverin6 t6e mortgaged property ~hall at all timcs, d~n~ tbe li[e d €
thi~ mort6a 6e, remain in po~eeaion of the Mort6agce and ia event o[ the [oreclosure of this mortga~e or ot6et traa~[u
of title to the mort6aged property in extingui~hment oi the indebtcdacae secured henby. •li ri6ht, title and itatee+e~t
o[ the Mortgsgor in and to any such abstracb of title shall paee to the purchaser or artatce.
4. To the extent o( the indebtedn~s~ o~ tbe MoK6agor so the Mortgagee deacribed herein or ~e~wred ~
the Mortgagee i~ hereby subrogated to the lien or lien~ and to the ri~ht~ of the ownen aad holders thereof af
and every mori6a6c. lien or other iacumbrance on the land described herein wiuch is paid and/or eaw5ed, in ~?6ols
or ia part, oat of the proceeds of the loan de~cribed herein or secured liereby, and the respective Getu o[ stid aoeM
6agea. lien~ or osher incumbrance~, ~hall be and the same and each of them hereby u preserved and ~U aN to asd
be held by the Mort6agee herein u security for the indebtednese to the Mortaa6ee herein de~cribed or 6ec~r ~nre~.
to the same extent that it would .have been praerved and would have bcen pused to and been held by the Mort6,t~x
had it been duly and ngularly aesigned. tran~fernd, set over. and delivend unto the Mortgagee by ~parate deed e[
aMignment, notwith~tanding the fact that the eame may be satis6ed and cancelled of record, it bein6 the intention of tl~s
p~rtiei hereto that the same will be satisfied and canoelled of record by the holden thereo[ at or about the tia~e d
the recordin6 of thu morigage.
S. In the event the oMnenhip of the mortga6ed prdni~ea. or any part thereof. beeomes vested in a peraoa other
than the Mort~agor. the MortgaR.-e mav, without notice to the Mortaaaor, deal with such succeMOr or sncceMOes ia
interest with refennce to thia deed and the debt hereby ~ecured. in the same manner ae ~rith the 1liortgagor Mrit6out
in sny way ~itiating or diachar~ing the MortEsgor
a liability hereunder or upon the debt hereby secured. No ~a1e of
the premisea herebJr mortRagcd and no forbearance on the part of the Mortga6ee. and no extension of the time for the
p~yment ot the debt hereb~- r~ecnred given by the Mort6agee ~hall operate to relea~e, discharge, modi[y. ehanse or alfed
the ori6in~1 liabiiity of the :~'iott~agor herein either ia whole or in part.
6. The lien of this deed securd and ~h~ll continae to ~ecure pa~ment of ~aid indebtedness or iadebtedne~
however evidenctd, whether by ~aid p:omissory note or suy renewal or extension theteof or ~ubstitute iherefor, ~
otherwi~e, until all ~uch indebtednees ehall have been fully paid.
7. In the event the prapert~ encumbered by thie mort~age ehall become involved in any condemnation pro-_ ;
ceeJin~s, tlie {~older of thia mortRage shall become entitled to defend any euch action, and the title holder ahall be
liable for all costs and attorne}• feea incuned in connection with euci~ defense. the aame to be fixed aad seR by ,the
; rundemnati~~n jur}~, aod the holder of thie mort~aRe ehall be entitled to receive anv award made in-euch_rn e~i~ ' -
; procee~iin~t~ for the property taken. euch sum when paid to be applied to a reduction of the mort~age~:~eaq~~•~
E 8. ThP holder of this mort~aRe agreee to promptly (urniRh upon ihe written request of the ntQ~ J~
( at~orne~~ a statement in writing of the principal balance due upon ihis mortgage, aa o€aay: a~i :
or aas~Rns. or . , _ , a ~ • _
; 9. Tl~e terms "~Iort~ca~tor" and "NortgaRee" whenever ueed in thie inatrument ahall in~lu~P t Iaire~1pQ~n~:
repreaentati~~es, succeeaora and aeeigne of the reepective parties hereto. R'herever u6ed.ihe einRular ::~tm~~~A i4dyid4 ;
~ the plu~al and the plural the ein~[ular, and ihe uee of an~• ~eender ahall include all gendere.,
~ 10. This is a purehase money mortgage upon the abo~•e deecribed propertv:•.._ <`l
~
~ IN WITNESS WHEREOF, the said Mortaa6or hereunder eets its band and ~eal at, ~
~ the day and year 6nt above written.
- New York ~
~ PEBBLE---HILL BUILD?NG CORPORATION_ :
Signed. se~led and delivered -
~
~ in the p ~ ` iu„
_
~ BY: . . - ~ - - - (~L~
.
. / ,~I~~ e nt
L. ~ _
. _ _ . _ . Attest:..~J~"'°"'~ -
~ . . _ - .
. y
~ . Secretar~
r~ t )
. . . .
-
;
~ . _ _ .
~i~.e,~J
~
~ OF FLORIDA ss
COUNT DE
Be[ore me pcnonal ~ ared
x~ to me wel! known and Icnown to me to be the ~ ' uals deecribed in and who executed ~he fore~oin6 instrnn~e
~cknowledged before me that they exeruted the same for urpwe~ therein expreseed.
WI7'tiFSS my hand and ol~icial ~eal in the County and State I id thi~ ~7 ~
E~
>.ti
~'f ~
~ A. D. 19
~-a> • -
~w
.i_,
,.:v . . . - - - - ~
\ . miF+?iun Espire~• Notary Public. 5t~te of
, N„~.,.. ~ eao~226 PacF
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