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Home My WebLink About2420 • C-575A kc ':HIS MORTGAGE INDENTURE stets-2 E xKYted this 27 day of December . A,D., 19 'f 9, by HARRIS M. FELIaMAN and BARBARA E. FELLMAN, husband and wife 1~'726(~?7 party of tM last pert (hereirtaltN ulktd Mortgagor), to CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corporation existing ursder the laws of the United States of AmNics, party of tM ssrwttd pert lhNeinaltN called the Association), WITNESSETH, That for divNS good end veluabN considerations, end to secure tM payment of the aggregate sum of money nansed in tM prorrussory note o1 evM date l+trevNth, MreinaltN mentioned, togetlser with inurest thNeon and all othN sums Of rnoneY secured hereby ss hNeinaltN provided, the Mortgages does grant, bargain, sell, alien, remise, relNSe, convey end conform unto the Association, n fee simp4, fife lolbwing described real estate, of which tM Mortgages is riow seised and possessed and in actual possession. sitwte in the County of $t . Luc i@ Sate of Fbrida, legally described as follows: RfCFNED s ~9iWO 111 PAl'!yi'cIR OF TAXES 0 (S@@ attached description. ~ CUE Ox CLf,SS 'C' IfITAtiG:81E PERSO`tal PROPERTY, 3' FU!,S::aNi TO CN.'1PTER 71-::.~, ACTS OF 19]1. g r ~ `:Ju`_it P::ITrAS Cl_RK CL;i:U:T CGURT, ST. IU.aE CO.r FiA.Q~ TOGETHER with all structures and improvNnents now and hereafter on said land and the fixtures attached theeto, also togethN wiM alt and singular Me tenements. heredtumMt; easement; riparian rghts and apqutertances thNeunto belonging, a in any vwse appertaining, and the rtnts, issues, and polite thereof, and also all ttte estate, rant, title, interest and ell claims end demands whatsoever, of well in law ss in lQuity, of said Mortgagor in end to the same, and every part and parcel tfterebf, end also an gas and Nectrie hxtures, radiators, haate~s, air conditionirq equipment, machinery, Iw.tzrs, ranges, elevators and motors, bathtutn, sinks, watN closets, watN basins, ypes, tweets, end other plumbing end healing futures, mantels, relrigerabrrg plans and ice boxes, w+ndow careen; eaten doss, venet.an blend; storm shutters and swn,ngs, svh+cA a.r now or may herNtter pertain to or be used with, in a on said premise; even though they tee detxhed or detschaDle, are and shat) De deemed to be fixtures and access.ons to the freehdd and a part of tM realty, and, d the above described ptoperty is noW or {dill hatitlN be Ytad for Cof1YnNClal purposes, then the tu(niture and tufMSlt~ngs and any replxemNtts thereof which may tee owned by the Mortgages and aAtidt ere mw or may hNNItN be located upon the atsove described prope.ty. TO HAVE AND TO HOLD the same, togethN with ell the estate, right, titk, intNest, homestead, dowN end right of dower, separate estate, possesswn, claret and drr,and whatsoever, in Isw or in equity, of the said Mortgagor in srid [o the same, and every part thereof, unto the said Association M fee simple. Tnt Moe t9agor hNtby covenants wrth the Association that the Mortgagor is tnd2feasibly netted with the absolute and fee simple title to said propNty, and Ass full po.vN, and lawful suthoriry to sNI, convey, transfer and mortgage tM same: that it shall be IJWIUI al arty tarts hNNftN tOr the Association f0 placeaWy and quNlly M12r upon, h we, hold and enjoy said property, and every part thNeot; that said propNty is IrN and discharged Irom all lien; encumbrances, and claims Of any find, inCludiry taxes and assessment; except the lien ItNeof, which is a first lien on said propNty; that the Mortgagor will make such turthN sswrances to pNttct the fee sartpb title to said property .n the Association ss may reasonably be required; end that the Mortgagor does hereby fully warrant unto the Association the titk to said property and will defend same against the mortgage claims and demands of all pHSOns whomsoever, NOW, THEREFORE, the cond+tton of this mortgage is sucA that it the Mortgagor shstl well and truly pay unto fife Association, the indebtedness H+denced by tlut eNtsin promissory .note, of even date Aerewrth, made by fire Mortgagor and payable to the Aasociatia+, in the principal win ol-------------FIFTY-FOUR THOUSAND, EIGHT HUNDRED------------ OOII.ARS is 54 , 800.00 1, togttltcr wills interest st therein stated, payable over a term of 348 months, end Shan txrtorm, comply with end abide by each and every the stipulations, agreements, crxbitior?s and covenants contained and set forth in this mortgage end in ttse promssory note secured hNet>,r, then this mortgage and the estate hNeby crNted shall cease and be null and void. TRANSFER OF THE PROPERTY; ASSUMPTION tf alt or any part of tM Property or an Interest tMn{n is wtd a transferred by Mortgagor without Association's prior written consent, exduding (a) the creation of a lien or encumbrance sutsordinate to thN Mortgage, (b) tM creation of a purchase money security Interest for household appliances, lei • transfer by dwise, descent or by operation of taw upon tM death of • joint tenant or (d) the grant of any Nssehold interest of three years or less not containing an option to purchase, Association may, at Association's option, declare all the wins seKU?ed by this Mortgage to be immediably dues and payable. Association shall have waived such option to sculerab ff, prior to tM sale O? transfer, Association and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such arson is satisfactory to Association and that tM inbrest payable on tM wins secured by this Mortgage shall be at sucA rate as Association shall request. If Association has waived the option to accelerate provided in this paragraph and If Mortgagors wecessor in interest has executed a written aswmptlon agreement accepted fn writlrsg by Association, Associa.ion shall reNsse Mortgagor from all obligations under this Mortgage and tM Nob. - If Association exercises such option to accelerate, Association shall mail Mortgagor notip of seceleration. Such notice shall provide a period of not less than 30 days from the date tM notice is mailed within which Mortgagor may pay tM wins declared dw. If Mortgagor tells to pay wch wins prior to the expire- . tion of such period, Aasoeistion may, without further notice or demand on Mortgagor, invoke any reined"as permitted by paragraph 15 lserwf. AND tM Mortgages does herby covenant and agna: 1. To pay sg and singular the principal and interest. and other wins of nartey payable by virtw of sad promissory rate end this mortgage. a eahN, promptly on 1M days respectively fife same severaey betortta dw- 2_ To pay sg and singular tM axes, assessmNta. other govantmertdl levies. liabilities. obligatior?s and encumbances of awry natures on said described property and the rsbted debt acquisition eat:tt and awry arltan dw and payabN atxording to law. before they geeome derlirtgstent and. if flee same shag not tte promptly pad. the Association may at any tints. eitMr before or afar deltrtatrency. pay tM same without wsrving or aHacrirtg tM option b foreclose. or arty rpht hereunder. and every payment m made shall bear interest from tM daa tlteraof at the rate of j,rj~ per anrwm. ~ ~ ~ 3. That tM Mortgagor will keep erg real and personal property now or tterNfar ertcirmbered by the lien of this mortgage inssrred as may bs required from bete to e 'fl rime M tM Assoctation against bas Dy fore. windstorm and other hazards. usuatties and contingencies for such periods and for not less than such amouna as 'b ~ m may bs required by tM Association and to pay Promptly wMn dw N premiums for rud+ iraurance. Mortgagor agrees to dekwr renewal or replscerrsent G policies of any nature or replacement pnifiates of inwntsu to the Association. at least ten (101 days prior to the aspaation or arsrawrsary date of the existing 2 Q ~ ~j policies. The amounts of inwance requaad by tM Association sled W minimum amouna for whirls said inwranq shall be written and it shag be incumbent ~ ` ~ M upon the Mortgagor to maintain such additiond wtstrrartcs as may De necessary to meet and comply Puny with erg oo-irssuranp requiremNSts contained in said pdicies to tM end that said Mortgagor snot a co-irtstsror tMreundN. tnsuranw shall be written by a company or companies approved or designated by 1M ~ ~ Association and erg policies and ranewsb thereof shag be Mid by tM Association. Ag detailed destgnatrons by the Mortgagor which s» atxepted by the ~ en ~ ~ Association and all agreements between Mortgagor and Association reJabng to inwrance. now esistxq or hereafter made, shag bs in writing and shall bs a part ~ ~ ~ ~ ,C of this mortgage agreement as fully as thougl? set fortA verbatim Mreat and shag pouters both pasties hereto and then successors and assgns_ No lien upon ar?y O of said pobcies of inwrance or upon any refund or ntum premium which may be payabN on tM unceRatwn or tNmination thereof, shall be given to other then V = ~ ~ the Assoaation. except by proper endorsement alfued to such policy and approved ny tM Association Esch polrq 9t insursrtoa shay have atfued thereto a ~ ` Standard New York Mortgages C4use without Contribution. making ap bss a losses undo sucA pokey payable to the Association as is inbrest may appear. j ~ or ~ In the event any win or wins of money become payable thrueunder, tM Assoaation shag haw the option to receive and apply the sense on account of the rn- ~ p ~ r debtedness hNeby severed, or to pNmit tM Mortgagor to recerw and ass it. or arty part thereof. without thereby waiving or impairing any pudy. lien or rrght under srd by virtue of this mortgage. In went of bas or physical damage to the mortgaged property. the Mortgagor shall give immediate rtobce theeof by mail c- Q p N to the Association and the Assouation may make proof of bas ii the same is not made promptly by the Mortgagor. In event of toret:lowra of this mortgage. or _ other transfer of ritk to fns mortgaged property. in exringuishmsnt of the mdebtedneu seared hNeby. ell right. title and interest of tM Mortgagor in and to N ~ ~ arty inwnnce policies then m force shag pass to tM purchaser or grantee. The Mortgagor further agrees to abide by the rules and existirsg regulations of the ~ ?y O. Association. in connection w+th required inwrance coverage of the property hNain ertcutttbNed- 4 Paragraph 4 and those which follow an contained on tM nvNSe side of this mortgage and by retNence are atcorponbd into the body of this mortgage. Tn~ terms Mortgagor and Association, whenever used in this instrument, snail include flee heirs, personal representatives, successors or assgns of the respective parties hz+~to. WhNevN used, the singulai number shall include the plural end the plural the singulx, and the use of eery gendN shall include all geMerL 1. i WITNESS WHEREOF, these pemises have been executed on the day and year first atsove itten. S ,seated and dNiver m t esence ol: / - ~ n L// ` t C- Z (SEALI IS M _ , A, - _ C-~ ~ ~ ~ ~ ~ (SEAL) ARA E . FELLI(~AN ~ (SEAL) 1sEAu to%o era ~ E of NEW HAMPSHIRE couNTV of Belknap ~ ' The for i instrument wssxknowl 27th December 79 .:'career, ~ ego rig edged before me this day of _ 19- by . ' ~ ~ r// t s e tIARRIS 3R. FELL]RAN and BARBARA E. FELLMAI~i, husband an `ski ~ ~'°°r- L~ENOER /~y ~ My commission expiref IL_`r--- - _ T Notary Public, State of .L~, ~~t S~r~-~_