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HomeMy WebLinkAbout1055 To place and contin~o~sly kcep a+ Ihe bui!dings now o~ harealta ~~tuate on ~a~d land and on a11 equ~pment and pe~so~aliy covered by ~h~i mon~ •y~, with al) premiums ~hereon pa~d in iull, fire in:utsnca in the usual sta~dard policy torm, in • tum approved by the h10R7GAGEE, and wi~ds+wm ~nswance in tM uswl s~andard pol~cy ~am, in •~um ~ppro.•cd by tM MORTGAGEE, in ~uch comp+^Y w comP+^'y MORTGAGEE may dirKtt ~nd aIl f'u~ and windatorm insurante polities on ~ny of aaid Nuild~nys. ~ny interast ther~in w part thereof, in tht ~g9rcq+te sum afaetaid a in excett Ihereof, iMll contain the usust sta~dard mortpagw clavse w ~uch o~hsr clau~ +s tM Ma~pa9N may rp~~r~, makinp IhQ IOtt V~N t~~d ~0~~' cies, e~ch ~nd ev~ry, p~yabl~ to seid MORTGAGEE as i1s intereil may appea~, u+d ~ach ~~d ev~ry ~uth po~~cy ~hall b~ promP~~Y +u p^ed ~^d dslivered to •~y held by ~id MORTGAGEE (urther security to said mw~g+9e debf, and, not 1es~ tMn ~e~ (10I d+ys In ~dvance of the txpir~tion of each poficy, to d~- ' livs~ to said MORTGAGEE • renewal thereof. ~o~erl+K with a r~taipt (or~ 1M p~tm~um oi such renewel; ar+d ~her~ thall b~ no f~ro w windilo~m inw?ance plsted on any of said buildings, ~ny i~terest there+n or pan tMreof, unleu in tFw fwm and wi~h tM los~ p~Yab1~ af +lortsaid; ~nd in ~he e~eM any tum of monty betome~ p+YaWa ~nder such polity or polrcrcs stid N?pRTGAGEE shall have tM opt~on to rece~ve snd apptY tM ume o~ +cca+^~ of the indeb~ed- neu secwed hareby a b permil s~id MORTGAGOR$ to reteive and ut~ it or any parl thereot fw mher purposes, ~vi~houl ths~ebr wa~vm9 0~ ~~~~P~+~T' iny any eQuity, lise w righl vrde? w by virtus of thh mortyage; ~nd in ~M even~ atd MORTGAGORS thsll fw ~ny rea~ fail to keep the ~a~d premises so insu~ed. w fail fo deliver promptly ai+y of said policies of insuranc~ 1o sa~d MORTGAGEE. or fait promptly to paY fully ~ny p«mium therefor a in anY retpatt lail W pe~(orrR dischug~, execute, effect, compl~te, complV wirh a~d abide by tlw tovtnaN, w ~~y Pa~~ ~rwf, said MORTGAGEE may place +~d 1:~.. ~w..:N N Iin~f1 uf~~ Of tfV VIf1lM Of ~~11f M0~19A9Q~ alld 1~1! _ _ . . _«_~r_~ WY t0r tutt~ ~nWrance w aor p~~i i~w~evi w.~:.~...: a~:.:..ti a..__....~ iull amoum of each ~nd every such paymenl ihall b~ irnmediataly dw and pay+ble ar~d shall bear intaest from tM dat~ thereof uotil paid ~t ~rK ra~e o~ nint per centum pe~ annum end togethe~ with such iMerest shall be secured by 1he lien of this mortyayt. 1. To p~rmit, oonunit or sufter no waste, lmpai~ment or deteraration of said p?ope~ty w u~y W?1 thereof. S. To pay all snd sinputar tM coats, chuges and expenses• ~nc~ud'^9 + reasonsble +tlornsy's fee snd costs of abstracH of titl~, incurred or paid at a~y Yune by said MORIGAGEE, because or in the event oi the failure on ths ps~t of 1M said MORTGAGOR to d~fy, prompttY and fu~~Y Perfam, d~xha~qe. e:ecute, etfect, mmplero, complY w~th and ab:de by each and every ~ha stipvlations, agreemen~s, conditions. +ad cove^ann of uid prom;ssory noro and iha mo~tgage any or ei~her. ~nd said costs. cMrges and exp~+ses. c+ch and every, shall be immediataly due and payabte: whether w not ~here be notice da ma~d, sttempt to cotkp or tuit pending; a~d tM full arnount of eath and evc~y s~rch paymeM thall bea* interest from the date lhereof until p~id +1 the rate of nine per centum per annum; and all said cost~, charges and expenses inturred w paid, together with such interest, shall be xcured by the lien of thw mortpape. ~ 6. That (a) in the event of any breach of this Mortgage a default on tM pa~t of the AAORTGAGOR, a(b) i~ the eva+t ~ny of uid s~ms of maney herein ~efeered to be not promptly and fully paid wiThin thirry (30) dsyi nex~ aiter the san+e severally become due and payable. withou~ demsnd w notice. ~ or io the event each +nd every the stipulations, agreements. conditio~s and covenants of sa~d prom~uwy note ~nd th~s mortgaye any or either no1 iuty. promptly and iutly performed, d~uharged. exav~ed. effected, completed, compl~ed with and abided by. then in e~ther or any svch event the said aQ y gregate wm meMioned in aaid promissory note then remaining unpa~d. with i~tereat scuued. and all moneys secured hereby. shall becw~e dve and pay- } abte fathwith, a tFKrtafte~, at the option of said MORTGAGEE, as fully snd completely as ii all of the aaid sums of money were w.gina:ty sr~pulated to be paid on s~ch day, anything in said prom~ssory rwte or in this Mortgage to the contrary notwirhstanding; ar+d thereupon w thercafta +t the op~~e++ of y safd MORTGAGEE, w~thout notice or dema~d, suit at Isw w in equity, therefue w tFKrcafta begun, may be prosecuted as if all moneys secvred hereby had matured prar to ~ts inst~tution. 7. TMt in the evem that st the beginn~ng of or st any time pending any wit upa+ this Mortgage, or to fweclosa U, w to reform it, w to enface payment of any claims he~eunder, said MORTGAGEE shall apply to tF+e Court having jur~sdictioo thereof fot the ~ppo~ntment of ~ Rece~ver, tuch Court ahall forthwifh appoint a receiver of said mor~gaged property all and singular, includ~ng all and singular the incoms, profits, issues ~nd revenues from whate~er :ource derived, each and every of which, i? be~ng expressly understood, is hcreby mortgaged ~s if spetifically set forth and dewibed ~n ~he 9ranting and habendvm clauses hereof, and such Receive+ shall have all the broad and eifective funct~ons and powers in snywise entrusted by a Court to a Rcceiver, and such sppointment shall be made by such Court as an admitted equity and a malter of absolute right to said 1NORTGAGEE, and without referente to the adequacy or inadequaty of the vatue of the property mwtgaged or ro tF+e sotvency or ~nso~ventY of said MORTGAGOR w the defendanb, and that svch rents, profits, income, iuues a~d revenues shall be applied by such Receiver accord~ng to the lien w eqvity of said MORTGAG£E and Ihe prauice of such Court. 8. To d~ly, promptly and fully perform, disc}~arge, eaecute, eifect, complete, compty with and ~bide by each and every the stipulatia?s, agrcements, canditions ~nd covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownenhip of the mortgaged p~em~ses, w any part tF~ereof, becomes vested in a perwn other thsn the MORTGAGOR, the MORTG/IGEE, ita successors and auigns, may, wifhout notice to the MORTGAOR, deal with such succeasw w successor in i~terest with ~eterence fo thia mo.tgage and ~he debt hereby secured in the same manner as with Nb.tgagw w~thout in any way vitiating or dischsrging the Mortyagors' li+bility here- under or upon the debt i~ereby secured. No sale of the premises hereby mortgsged ~nd no forbeuance o~ the part of the MORiGAGEE w iq successon or sss~gns and no extens+on _of the ti~.t for :tu payment of !he debt h•_reby secured given by the MORTGAGEE or its successors or auigns, shall operate ro release, d~scharge, modify change or affec! the original liab~lity of the MORTGAGOR herein, either in whok or i~ part. 10. It is specifically agreed that tir»e is of the esxnce of this contract and that no waive~ oi any ob~igafion hereunder w of the obligation se- cured F~ereby shali at any time thereafter be held to be a waiver of the terms hereof w of the instr~ment setured herby. 11. In add~tion fo the forego:ng monthly payments of princ'pal and interest required by tFce p~omissory note secured hereby, mortgagor covenanfs ~ and agrees to pay to mo:tgagee with each manrhly payrnent an addiriona! sum estimated by mwtgagee to be equal to 1 j 12 of the annual cost of the follow- ~ t 'ng: ~ A-All real property taxes kvied or assessed against thc above described real estate. ~ ~ B-Premiums on fire and windstorm insurance as herein requ~red to be ca~ried on the improvements situate on the above desuibed ptemises. C-Premi~ms on such mortgage guaranty irsurance as mortgagee shail from t~me to time deem fit to carry on the ban secured hereby. I { Nlortgagee shatl from time to time notify mortgagor in writing of the amount due and payabte hereu~er and such sum shall thereupon be due and 4 ~ayable on the due date of the nezt monthly payment and each successive rt:onth tt~ereafter urtil mortgagee shall notify mortgagw of a change in such ~ amouM. Such sums sF.al1 be apptied by mortgagee toward the payment of rea! property taxes, insursrxe prem.ums, a~xJ matgage guaranty insurance ~ premiums_ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the dsy and year first aforesaid_ ~ Siyned, Sealed and detivered in the prese~ce of: ~ / '~f' If C a~ ~'iQ : ~ e I -u~ - ~,q i Witn~sses ~ ~ t an ~ ~ . ~se+q STATE OF~ooo~n~c ew Yo C ~ : ss. ; couNrY oF 1 ~f«e i~a,~ Walter R. Bleyman a„a Gertrude M Bl~~ari his wife, to me well known and known to me to be the individuals destribed in and who executed the foregoing insfrument, and scknowledged before me that they e:et~ted the same for the purposes therein exp~essed. And the sai ude . Bl.e n ~ wi(e of the said lter BZ@ ~1 u }e ps~rate private examinat~on b me taken x rate and a rt from her ssid husband, ackrwwledged to and before me that s~ t said A+lb?~~d~~un- Y Pa Pa tl~~'~, ,cc:~:tft rarily and w~thout any compulsion, constreint, apprehension, or fear of or from her ui husband. ~'0 fN~,.f ;,v~, y~.~ a D. 19 74 WITNESS my hand snd official seal thi• day of ' ' . ;iit E~~iret Yuyn iU ?~17.5~ : f Ilf ~ ~ ~ 6j x%aJN~~~~ = ( Notsry Public in s~d for the State of at lu~t _ r;~}';C?A l, My Cpmmiuan expires: Nevr York RbGL ~ ~,~li 6~us{ Retum To: ~Lf f. C'" ~ _ ~ First Federal Savings 6 Loan AssotiationPcf1:"i~ 't'-~ ~f^~ OLi1'E P. Cc:'r.Ci~!E ~ f~~ JiOTAP.Y Pr!E:tL'. 5;.,•~ ct N~w 1'ark Of forl P~erce. p Fort Pierce, Florida ~10. 52 G63~i;G4 S~ftG.'k Coc~tY - - ' !i ~y pQ~~ Te~m Expues ~.iarch 30, 1975~ ~ (.7 4 r p ~ ~ , i~i&1L,it ''2' ~j• ~ / This Instrument Prepared By chard K. Se~ f~` ~ First Federa~ Savings b loan Associ51ion , of Fort Pierce ~ Rlorida? ~:~.•J h . . ~ _ ~ f~ ~ • ~ DOROTNY M. WEBBER Checked By . ;-~t. . L ~ NpTAitY PUBtIC. Statr•ei ^~e~r Yort - +ti~. =j ~ ~ ~ ~ ' No. 52 4I7)O15 Suttclk County y~..^w.'. . : Tsrm Exp:res INxch 30. 19~,~ .~`a~. '"•~i•~ . - ~/A . :"-ty ` c~~ , r-~ ~l 900K ~JU PAGE 1O - ' 4,,.''~ ' . ~3• . - - _ - . ~ , ~ _ . - _ . , - ~