HomeMy WebLinkAbout0731 To pl~c~ •nd con~inuoo~iy krep on ir,d d~~.y~ ~~~k o~ I~~reohor s ~u..~r o^ f o~:J o~~d ~n e: c.~~~~„~~~•nt d persa~~liy cuvcred Lr ih~ti rnon9.
•~e. witF1 ~11 pr~mwm~ Ihe~eOn p~~d in full, f~re ~n~~unct ~n tnr u~~e~ aiu~.~+id F~...~~ turn~. ~n a~..~~. eyy~u.cJ b~ Ihe h1l~k...:.GEE. •r,d wr.:d~to~m
~niur~nc~ in 1l+~ u~wl pand~~d pol~cy lo~m, in ~~u~n a{ ~.~c.td by the MUkTG~GiE, in •,.c1i <o~~ v~'~Y or cc•~~Nan~e~ a~ ~ht fdORIvAGEE msy
dinel~ ~nd all f~r~ ~nd w~oel~arm ~n~~r~nc~ pu~~c~es on •ny of s~~d t.~.~:d~~~gt. sny ~n~rrca~ thc~~~n or ~,e~t thr.eol, ~n ~M aygre9~t~ wm •fore~~~d a
in ~s<~u tMr~of, ~MII cont~io IM u~wl ~~anJarJ mor~yaqea cieu~~ w wch aher c~e~~n e? thn Mw~y.~yre me~ ~ey,.r~. m~lh.g ih~ lou vnJer fa~d poli•
ci~~, t~ch ~nd •vtry, paYabl~ ~o sa~d ANOR1GAGfE us intrnit nuy eppear, and each •nd n.r.y w~h ~.:.~~cy sF~~ll be p~orc,yny au9,.ed •nd de;~~ared ~o __'•ti
•ny Mld by faid MORIGAGEE ~s lurthK ~ecurity to s~~d nwr~gsge drt,~, e~~d. not Iess th~n ~en ~lu~ d,ys nd+ar•~e of iha e,~p~r~hun ol ~•ch poi~cy. lo d~.
Gvar to Nid MORTGAGEE • re~uw~l ~ha~of, toyeita~ w~th • rece~p~ fo~ ~hr pro~r~~um ol +~~h .r.~.~!; a~~d ~h»re sha~i ~.e no f~~e or w~~~ds~o~~~ inauranc•
plac~d on ~ny ol i~~d build~r+pi, any inte~e~l lhere~n a p~~t thertof, ~.~I~u in ~he (crm and :.nh rt.e +~a~ {%eyJi.~r af efure~a~d; and in ~he e+en~ •ny s~m
ol mon~y becpmei payab~e unda ~uch poliq w poLues ssld MORiGAGEE ~hn11 h~ve il~e ept~on ~o ~ecc~vr a~~ epN!y the seme on acco~~~t oF the i~uleb~rd- .
n~is s~cur~d haeby a q psrmil u~d MORfGAGORS to recr~ve a~~d ws ii or e:,i t~.~~..-~f }~.r . r s••s :.,~t~;•,t th •.:.r w,~..:~ or
~n9 ~ny puity, li~n w ~i9h1 voder a by virtw of thi• mo+tgaye; and m the svrnt ?s d MOkIt;AtiUkS~sheli iw any ~teton f~it to kecp the ~a~d p~em~ses w'
insured, or (~il 10 deli~er p~omptly any ol sa~d pol~cir+ of insura~.te to sed htGklvAC.tt, or f,~! ~~rr.:~:N~ly ~o ;~ay f~,',:y •ny prr~n;~m ~hcrnfor w in •~~y
respeet f~il b pa(o~m, distharg~, ~xecute, ef~.ct, comp~ere, con,pty wnh and ab~cfr by dis ca.r~~,:,~, or •ny p.ue hereof, se~d MiiRTGaGtE may piece a~~d ~
pey (Or iuch infurant• w~ny part fhereof witAoul w~ivi:~ a affrdir~ any o~ti~n, lie~, eqr.~~, or nyh~ ~~~der or by virtue of this Mo~~9age, ~nd tht
f~11 amount of e~ch a~d •wry such paymenl shall be immediately due end peyeGia a~~d s?~au brar ~roe~cs~ frorn iha dete ~hereof umil po~d +t ~he raie of
n~ne per tenfum per annum snd to3ether wiM suth ~~teres~ ~haJ~ t,e sec~~red by the 1~rn of thls mortge~e.
1, io p~rmil, tommit or suffx oo wasts, impai~mtnt w detcnGtahvo 01 sa~J pro~mrty or eny pa~t ~hrrcoL .
5. To p~y •II and ~ingul~r th~ costs, chsrges and e~epe~~ses, ~ntlud~ng a rrasunaLln ai~orn.•y': fee a~d wf~s of absr.ac~s oi t~Ne, ~~wrred or pa~d at
any time by uid MORTGAG'.E, because d in the •ve~t of the fai~~re on ti~e pan of ~he aa~u h10R1GAGOR to duly, p~a~~pdy •nd f~Ily F~rlo~m, d~uhsrye.
exec~t~. ~ftKt, eomplat~. eomp~y w~th ~nd ~b.d~ by ~ach ~nd ~very ~he i~ipvls~~ons. ag~enmrnts. cond~twos. •nd covensnn of sa~d prom~swry note and ~~~i
mortypf ~ny w e;~her, and sa~d costs, charges and eYpensrs, each ~nd eve~y, shatl be imm~~~e~~•ty d:,e and peyeb:e, whether or not rher~ be nonce d=
mend, attempt to collect a suit pend~ny; snd the tull unovn~ o( each a~xl ev~ry such pafinem shall Lea• ~nc_•rrs~ From ihe d~u ~herrof ~roil pa~d N the
~are oF n;ne per cent~m per am~um; and ali said tosts, cha.yrs e~,d r~,xn~es ~ncuued or t>o~J, u,yrit,er .vah iuch iroerrst, shsll be secured by the I~en of th~~
mwtpap~.
6. That (a) in the event of any breach of this Mwtyage or deiaoh o~ the pert of ii.r 1t.~RiGAGQR, or ,b) ~n ~he event any o( u:d tum~ ot money
herein refe~red lo be not promptly and fuUy paid wrth~n th~:~y ~3"v; d3~s next acr,~ ihe s~:cr se.e•-,.~~ e.e:o,•~e d~r a-~d poyabk, witl~o~t dtme~d o~ nohcr.
o. (c) in the ewnt each snd eve~y the stip~iationt, agr~~menrs. cond,noni and covenanrs of sa d prom~»c!y ~o+e and th s mortgage eny o~ e~ther a~e not
iuly, p~omptly a~d fully psrforrned, d~stharged, executed, eliected, tanpleted, wmp;:rd w~tF~ snd ab~d~•d 5/, ~hen ~n othet a any suth event the sa.d ag-
gregate wm mentioned in said prom~uaY ~wte ~hen rrma~~ing ~npa~d. w~~h ~nte+rst acu~rd. and atf uAne~a sec~red •herebY. ~hal! become d~e and pay -
eb=e forthwith, a therea(tEr, al the option oi said iNOR1GAGiE, as f~lly and complrte!y as ii all ol thr sr•d sums ot money were onginally ai~p~lated
ro be pa~d a+ wch d~y, anything in sa.d pro~n:aswy note w in tF.is 6lorryaye ~o the comrm~ not.ti~lhiia~+d::~g: a~~d ~herrupon or thereafter a~ the opT~on of
se~d MORTGAGEE, wilhput not~ce d demand, suit st law or in equ~t~, therefore d tl~ercaitcr F;.:g~n, may 6c pr~sewtrd as if all moneys secured hereby
n~d maWred pr~or to Js institutwn.
7. iMt in the event thal et the beginning of or at ~ny hme pt~~~~g an~ iu~t upon r~,~z f: o~tyaye. o~ to fo~ectoae it, or to reform i~, or to enforce
payment of any claims I+ereunder, said MORTGAGfE shalt apply to thr Court Fa+~ng ~ur~sd.ci.u~~ ~he~ecf lor thr appo~nrment oi • Recene?, such Court shall
forfhwi~h ~ppoint a reteiver of taid mortgaged property •II and singutar, indu:l.ny and s.ny~lar ihe mw~ne, prohts, iss~es a~d revenues from whoee~er
se~~ce derived, each and evety of wh~ch, it be~ry e~pressly undera}ood, is hereby mertgeycd as ~f spec.ficaUy set forth and deuribed in the gront~ng and
habendum clauus hereo~, •nd sueh Reesiver shall have all the oroad and eifece:ve f~:,c~ ons end po,•:cr: in anyN:se emrusted by a Cou*1 to s Rccei~er, and
s:.ch sppointment shsll be made by such Co~rt as an admiued equrty and a rnaner of a~so~ure r.ght to sa~d MORTGAGEE, aod without re~erence to the
edeqwty M inadequacy o~ Ihe vdue of the property mor~gagtd or to the » vency or ~nw~vency of se~d MORIGAGOR W the defendaml, and that ivch
rem~, protiri, i.xane, issues and revenues shall be appii~d b~ w:h Rece~.rr accordmg tc the S~en or eqwt~ of said MARTGAGEE and ihe pracbce of such
Court.
8_ To duly, promptty and ~ully pertorm, discharge. e:ecure, effev, com.plE~e. co-~~H1f ~nnh and abiJe by each and every the stipulat~cns, agreemen!s,
cond~tio~s and covenants in sa~d promifswy note and th:s mortgage srt fwth
9. That in the eveN the ownershlp of the mortgagrd prem~~ses, or eny part thereaf, ~Leco~+,es vesrcd in a E;erwn other than the MORiGAGOR, the
ti!ORTGAGEf, ifs succesfors snd ass~gns, may, w~shout not~ce to rne MORTGAOR, deal wUh such succeasrn or wccessa m~nterest.w~th refrrence lo th~s
morigage and the debt hereby secured in the same manner as w~~h M-,~tgago~ without in any w~y v~t.ating or d~xha~g~~g the Nbrtgagori liabil~ty herr
under or upon ~he debt Fureby secuted. No ute o1 the Frrmises herrby mongaged and no iorbeerance o~ the part of the MORTGAGEE or its s~ccessora
er as:igns and no eatem~on ot tF+e time for the paymenr ol the deb~ hereby sec~~rd g~van by.the I1lGRTGAGEE or its succafors or au~gns, shall operate
ro roleesl, d~uharfle, modify change d etfed the orig~nal tiab~iAy of the h'.ORiGAGOR herein, e~thrr in whofe or i~ part.
10. It is spec~fically sgveed_ that time is of the esse~ce ef ~his comracr and ~hat no wei+er of any obl~ga~~on hereunder w of the ob:igation sr
c~red hereby shalf at any time thereafter be held to be s wai,+cr o( the terms hereoi w of the i+tstrun:ent accured herby.
11. In add~tion to the fptego:ng mo~thly paym.nts of princ p3t and interes+ rey~~red by the prom:ssory no~e secured hereby, mortgagor covenants
e^d agrees ro pay to mortgagee mith eath rncn~h'y parr,e•n an ed3 ~~onil sum c:• nrru b~ n:o~ry;gee to t,e eq.a~ Io 1, 12 of ihe annual cost of the foleow-
ny. ~ .
A-All real property taaes Irned or assessed aga~•st thr above desu~:~d r al es~~se.
B-Premiums on fi~e and windsto*m inw~ar~e as nere~n req~ red to br cerr~: -f cr~th~ .r..r•ove•re.i~s s t~~ate on the above d^stribed premises.
C-Premiums on such mortgage guaramy ir.suro~ ce as inortya3ee sha~l !rc•rr. t mr ~o t~mc der•rt iit to carry on the loan tecvred hereby.
Mortgagee shail irom time to ~~me notlfy mortgago~ ~n writing of the a•~:c:,~~ d~e ar.d peyable he.e~ndar a~d such surn shall thereupoo be due and
c a:able on the due date of the ~e~t month:y payment and eath s~ccess~+e mo:+;h ~h~re•afr;.r ~cti: rncrtg~3ee sha't r.ohf~ mortgagor o~ s change in svch
I a- ount. Such sums sFa;l be app!~ed by mortgagee to~~rd tne pa~me~t of re+~ Nrr,,e~t~ ta..-s, ~nw~a•~ce prem.ums, and mort~age guaraMy ir,s~rance
; ~e~niums.
~ IN WITNESS WHEREOF, the said MORTGAGOR has hsreu.^.~o set his hacd and seai tne day and year fint aforesa~ .
i Signed. Seal~ livered in the presence of: ~
! V ' ~
~ , ~ . . (Sea~
~ ~ . L1C 9 (Seaq
~ - - (SeaD
e on . ucane ~~a~~
s
~ S i ATE OF 1~pt Illinois
~ ~ouvrr oF ~~AC Lake
~ - Before me personally appeared _ arQZ'1r1 F1n11CAne a~d •
Marion I,. F~ril1C8riA _ h~s w~ie, to me well known snd know~ to me to be
rhe individwls described in and who executed the fwegoing instrument, ~nd acknowledged beiwe me that thay executed the same for the purposes
~~~e~e~n e:preased. Md the sa~d Marion L. Finueane
N'.~e of the said JO~lII y. r' ~1L1C8T1A upon a separate end priwte
e.am~n~tion by me taken ~ep~rale end apart from her said h~sband, ecknowtedged to and before me that she exec~ted said instrument frcety and volun-
ra~~ly ~nd without any compulsion, constraint, appreher.t~on, a fea~ of or from F~er said husbar.d.
WITNESS my h~nd and officiel ual Th~~_ 15th dd,, of____- J~_x_ A_ D. 191.~
.
- I`~~~-'~^ - ` '
-1 t_~ ~
Norary P~.birt in and for the Stat of~~ d~y'~•
~ My Comm~ssion expiret: 1-1~-8j
a~~~~~ ro: Mundelein, IL 60060
Fir~t Fedcral $avings S Loan Associatlon _ ~ - ~t ~
, ` ~ .
~ Of fort P:erce. , -
F~
; Fort Pitrct, Fiorida ~ ~ ~
.
~ • r1 ~ i2..
? " t~. . •~~Z'`,.
$ ' y
~ This Instrument Prepared By J. Hal Roberte, Jr.
First Fede~al Savings 8~ Loan Association
of Fort Pierce
=~~LUC E COUNTr FLA
Fort P~erce, Florida 33450 FOCER POITR~S
. C. E-K f%^~~~~T COUAT
. . ~
_ ,~~~n
~ hecked By .
o R~ to 10 as AN .
Qo~z71 ~ ~~z~~:~
_ - -
:`.3
y'":