HomeMy WebLinkAbout2015 Tl~a~ ~f rn~ ul w~d ~ua~~ of ~nuney her~in tef~rted ~o bt ool protap~ir and fulir p~~d Milh~n thirty ~30~ d~~• eest
~ r1~u~~'~ar> ~nu1.•r~~~ 1'Ih~+~ d~r !r or ~i1h~~ •r~,nol fully pr~rirnl: d~riVn~pl ~d wilb~in~ al~ul a'by' u'r i~,p ~m~n a~~~ ~Iluw~d~to brtwt~e
d. l~~~yurn~ up~.a s~~y ynu~ rn~uwnLtan~r ~II~~IinR ~h~ p~uprrly hrrr~n ~oo~~rnrd. ~I~~• ?aid y{~tr~{~I~ •ua~ u~rolinn?~I io uiJ promiwory ,
uulr .6r11 br~ ~~u~r dur ~nd pay~b~~ forlhwith o~ th~r~~h~~ ~t /hr uplion o~ Ihr \1u?IR~Rr~ sa ~ully ~nd ~~~~uplrl~~y u il th~ ~~id •~tR~~• {
Ri1.. >~al prunuuury o~~u ~u oriR~o.llr aipul.~~d ~o IM p~id uo ~u~h ~~ay. ~n~11unR ia saul protu~saory nolr o~ h~r~in lo th~ ron• ~
Iran nu1wU1~>I~a~ImR .
t j 1 Tha~ in order ~e ~c~ele~~te the m~~~ritr tsc iwdeb~cdne.. berebr ~eeured. becau~e o( the t~ilute d IM M~~tNp~ t~ p~y ~p '
t~s~ ~we~s~nent. li~bilitr~ ObI1NllOq t~ftY111~l~A~! YpOA Mld P~OplHY. u be~ein provided~ it ~hdl net be neeasa~~ e~ red~iate tlrt ~
the morlM~ee ~hill 6~u par the wme.
2. The 111ort~agec mar, at hiu optio ao~ ~~o1~ ~r~ivia~ hi~ ri6ht to accelerate the iadebtednea~ hetebr
~ecured ~nd to (oreclo~e the ~ame. pa~ bi[o~e" dr aiter de tnquency any or all o[ thwe certain obli;atioo~
required by the terms hereo( to be paid y t6e Mott6sap~.t~th~ protection ot the mbrtgage ~ecurity or [or the eolleo-
tion of the indebtednees hereby ~ccured. All sum~ w~dvaaoed or paid by the Mortgagce ehall be charaed iato tbe
mort6a6e aecount and hecome an integr~l part thereof. subject ip all respccu to the term~. conditiona, and coveaanb
of the aforesaid promisaory notc. •nd thi~ mort~a6e. u fully ~~d to ihe same extent a~ though a part o( the oripnal
indebtedaer evidenced by said note and secet bY this mortgage, exceptin6 hawe.•er. that said ~unu shall be repaid ~
the ~lort6aaee [orthMith upo~ its demand and be ia addition to the regular monthly in~tall~aenb psovided by the
mort6a6e note. t
3. That the abs~ract or abstract~ of title covcrin6 t6~e mortgaged property ~hall at all tima, dnrin t6e life o[
thi~ moct6a e, rem~in in posseaion of the Mortgagee and ia event of the fonclo~ure of this mort~ase or o~er tcan~[er
o( title to ~e mort6ageJ property in extin6ui~hment oI t6e indebtedness secured hereby. all ri6ht, title and intec~at
of the Mort6a6or in and to any such absincta o[ title shall paas to the purchaser or 6rantee.
4. To the e:tent of the indebtednca~ of the Mort6agor to the Mortgagee dcscribed herein or ~ecured hereb ,
the Mort6agee u hereby subrogated to t6e lien or liens and to the ri6hb of the ownen and holder~ thereof af ~
and every mort6a6c. lien or other incumbrance on the land described herein which u paid aad/or satiafied, in whde
or in part, out o[ thc proceeda of the loan described herein or secured lieteby, and the reapective lien~ o[ said mwt'
6~6e~, liens or other incumbrances, shall be and the same and each of them henby ia pmierved and ~hall aM to aud
be held by the Mort6agee he~eia u security Eor the indebtedness to the Mort6aaee herein de~cribed or here~r ~ecue+ed,
to the same extcnt that it Mould.hswe been preserved and would have heen pswed to aad been held by the Mortaaaee
had it been duly and regularlY aesigned. trandernd. ~et over. and delivered unto the Mortgagee by ~eparate deed af
aaianment, notwitEutandin~ the [act that the eame map be ~tisfied and cancelled of tecord, it bein6 the inteation of the
p~rtie~ hereto that the ~ame will be satisficd •nd cs~neelled of secord by the holden thereof at or about the titne oI
the recordin6 of thii mortaaga
S, In the evcnt the oMnenhip of the mortgaacd premiee0. or any part thercof, becomea vated in a penon otLer
than the Mort~a6or. the MortgaK.-e may, without notice to the Mortgagor, dul with such succeswr or sueoe~wr~ in
interest with n(erence to this deed and the debt henby ~ecured, in the same manner aa with the 1liortgagor wit~out
in aay way vitiatiag or dischar~tin~ the MortEa6or
s liability hereunder or upon the debt henby eecured. No ~ak oE
the premi~es hereb~+ mort a~cd and no forbearance on the p~rt of the Mortga6ee, and no extension of the time for ilu
payment of the debt herc~~' c,ecured given by the Mort6a6ee shall operate to release, discharge, modify, chan6e or a~ect
the oriainal liability of thc ~1ortEagor herein either in whole or in patt
6. The liea of this deed secura and ~hall coatinue to ~ccure payment of ~aid iadebtedneee or indebtedna~,
however evidencxd. whether by ~aid promiuory note or any renewal or exteneion thereof or substitute thenfor, or
otherwi~e. until ~11 ~uch indebtednees ehall hRVe been full~ paid. ~
7_ In ~lie e.•c•nt the property encumbered by this mort~tage shall become in~olved in any condemnation pta ,
~ ceedinRb, th~~ holder of this mortRage shall become enqtled to defend any euch action, and the title holder shall be ;
i liable for all coste and attorney feee incuned in connection with eucl~ de(ense. the aame to be fi:ed and eet by the
condemn~tiun jur~~, and the holder of thie mortRaRe shall be entitled to receive anv award made in-euch condem tio~
proceedinK~ for the property taken, euch eum when paid to be applied to a reduction of the mortRage in~eb~e~i.
!
~ R. T{~e liolder of thie mortgaRe a~Creee to promptly furniFh upon the written request of the mo~a~}11f.heirs
~ or assiRng, or attornec, a statement in writinR of the principal balance due upon ihie mortRa~e, ae o[.~hy~e~~d •t~ate.
` . ,
9. The terms "~lortRagor" and "1~lortga~[ee' whenever uaea in thie inetrument ehal) inrlu~c~fi2 ~i p~,~s~
,ti'~ }
repreeentati~ea, succeseore and aeeigne of the reepective partiee hereto. R`herever ueed.the ein~ula~t~iri~~~r-7fha~i'v~~dd`~ , j
the plural and the plural the einRular, and the uae of am• Render shall include all gendere.. ' >,r` _
^ I
10. This ia a purehase money mortgage upon the abo~•e deecribed proQ~~" ~
`~,~r~'~~•..~,
IN pITNESS WHEREOF, the ~aid Mortg~aon c~reunder sea its hand aa~ -~ea1. ~
the d~y and ye~r 6nt above written. '
New York
Sigaed, ~ealed and delivered PEBBLE __HILL BUILDING CORPORATION ~g~,)
in the p ce oE: `
.c,c~- /L~~ . _ ( SE~?~.)
By• -
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/ ~ ~ - . - ~ - -
' / , P i~e
~-~Y ~ . . - _ Attest: ~~`z..~. - . . -
~ , Secretary
:w~ ~
~ _ ~ - tSe~.
„ _ . - _ _ ~
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~ _
S F FLORIDA `
CnUi~ITY E S5 i
~ Before me perwnall~ a a ~
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~ to me well known and known to me to be the in ls deecribed in and who e~ecuted ihe foregoina inatrumen
acknowkd~eJ before me that they executed the same for t wes therein espreased.
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WI1'~FSS my hand and ol~icial ~eal in the County and State 1 a' thi~ da~ o[
. A. D. l9
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.ommi:~i~.n Expirc~: tiotary Nublic. State oI
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^==~~a aooN226 ~E2014 ,
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