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Home My WebLink About2751 • C-625A cr / $CSC~/O Z 1 t ~ 58281-a ~ ~ THIS MORTGAGE INDENTURE Executed this ~o dart of February . A.o., f9 80 by 4 i3 ~ 0 • KARL He RSUTT~i and INGRID Y. RBUTTR~ husband and wiles party of tM fast pert Iheroirtstter called Mortgtgurl, to CHASE FEDERAL SAVINGS AND IRAN ASSOCIATION a corporsrion existirsg under tM levirt of tM Unihd States of America, party of tfse tetortd part (hereinafter taktd its Aseociationl, WITNESSETH, That for divert good end vekisbla considsratiorss and to actors the payment of tM sggregaM sum of money named in tM promissory note of freers date herewith, hereirselter mMtiated, Iogtiher with interest thereon end all other sums of money secured hereby as hereinslter provided. tM Mortgagor does grant, bargain, seU, alien. remis, tease, convoy and contain unto Use Ataocistion, in fee simple. tM followieg described real taus, of which tM Mortgagor is now sated and possessed and in actual popepiort, sitwtt in the County of ST a LVC IB .State of FI«ide, legally daacrrbed a folbws: •[CaEO i ~ti~ ¦ MIIIRJI~ of Tai (See Legal Description Attached) ~ eN q~ ~ ta~lsaat nlet~ntr ` » c~wttR ~s of tai trait aao~r aiR s~. ui~t a~. ~q•~. :~9r`~~ TOGETHER with all structures and atiPtovanertts now and Aerealter on said land and the fixtures attached thereto, abo togetMr with al and tirtgutar the tenements, heraditamtnts, essemants, riparian rghts and sppurtersarsots thereunto belorgirtg, a in srrtr wise appertaining, and the rents, leaves, and protds thereol, end also al the estate, right, rifts, interest and al chime end demerds whatsoever. as well in law • in equity, of said Mortgagor in and to the same, end every part and putts thereof, end also ail gas and electric lixfurts, radialors. haters, air cprditionirrg tgwptrtent, rrsidrusery, boiNrs, ranges, tNvston and motors, bathrobe. sinks, water tloaats. watts basins, per, faupts, end other plumbing and hating fixtures, mantas, rotriger+ting plans and toe boxes„ window screens, screen doors. venetian Winds, slam shutters end avvnirtgs, which are raw a may hereafter pertain to a be ustd with, in or on said premiss„ even though they be dttscMd a detachable. are and shall 6t daerrted to be fixtures end accessions to the IrNhold end a part of tM realty, and, if the atiow described poperty a saw a shall hereafter be used for carwnercial purposes, then tM furniture and furnishings and sny rtplaoensertts thereof which may be owned by the Mortgagor and which aro raw or may hereater be located upon the above described property- TO HAVE AND TO HOLD the same, together with all the estaM, right, rifts, interest, homestead, dower and right of dower. separate estate, pt>:sessiort, claim end dertsartd whatsoever, in Isvir or inequity, of tM said Mortgaoo. in and to the aurae, and avert pert thereof, unto the said Astooistron in tN simple. The Mortgagor hereby coverw?ts with tM Associatan that the Matgsgor is indefeasibly sized with the sbsoluq end fee sin+pM rifts to said property. and het full power, end Mortal authority to sal, convey, transfer end mortgage the same: that it shall be lavvtul st any time herNtter fp tM Auociation to peaceably and quKlly Mter upon, have. hold and Mjoy said property. and every part dseraof; that fiid property is fire end disclwgd from all liens, encumbrances, artd claims of sny kind, including taxes end assesvnents. except tM lien Itareot, which is a tint lien on said property: that the Mortgagor will malts such further assursnoss to perfect tM tee simpM titN to said property in the Association as rtssy reasonaWY be requaad; and that tM Mortgagor does hereby fully warrant unto the Association the title to said property and will delend same against the mortgage claims end dMwxls of all persons viAronssoaver. NOW, THEREFORE, the corsdition of this mortgage is such that it the Mortgagor shall wet and truh Pat ante the Association, the indebtedness evidenced by that certain promissory note. of even date herewith, rrssde by the Mortgagor and psyabM to tM Association. in tM principal sum of FIFTY-0NS THOUSANDS SIX HUNDR$D AND NO/100-------------------------- OOLIARS Is 51 ~ 600 a 00 together wim interest ss therein Gated, payable over s term of 348 rrtortths, end shall perform, comply with std abide by lath and every the stipulations, sgrearnents, tonditiorts and coversants contained and st forts in t1?is mortgage and in the promissory note secured hereby. thM this rttortgapa end the esnU hereby crated shall ceaet end bt null and void. ~ AND the Mortgagor dos hereby ooversartt and sprat t . To pay sN end sirtpuler the principal and interest and other sums of motley payable by virtue of said promissory note std this ntortgagt. a either. promptly on the days reepectiwh tfN same eewraNy beoortra dw- 2. To pay aN end singular fire taxes. asssserrtertts. other goverttrttettW levies IiaDiktiee. obtipations and tncumbrottns of every nature on said dtscnbed property end the elated debt eegttattan eeeh and awry wMn dw and ptyaDM aoootdirq to Mw. beforo they become dsirgtrer?t and. if rite soma shah not be Promptly paid. the Assoaation may at arty tirtta. either before or aher delirtquetw'y, pat the same witlaut a affecting tM option to toreelose. or arty right _ ~ r ~ hsrsurtdsr. and awry P+Yrnertt so msda shah bear interest kom tits daU tharoof at tM rate of w~ Per wtum. ~3. That the Mortgagor wqt keep N real and personal property now or hereSRer ertcurttberad by tM lien of this mortgage irsttrred as may be repaired from time to ; ' _ time by the Association against loss by faro. windstorm and other Mzarda. caasaltip and oontirtgertcrss for such Periods and to rat INS than such amounts as ?may bs requaed by the Assoctstiort and to PSY PtotttPth teltert dw aN promiums for such ingrrortoe. Mortgegor agrees to deriver rerNwsl or rtpMcemer?t i^ potties of any naturo of roplacanNnt certificates of atstrrana to tM Aeaoeiation. tit Mast ten I t O) days Prior to the expiration or arrtiversaty date of the existing ~ ~ ^'r policies. Ths amount of awrrstroe requirod by the Association shah be nwtimum amourm for which said inwrartce shad be written and it asst be irtwmbent upon the Mortgagor W maintain such additiortN insurance as may be rtecpsary to meat and oomph it+gll with err oo-iruttrortoe requirerrsents oontarrted in said policies to the end that said Mortgagor is not • oo-atsuror thereunder. Inaranw shag be written by a company or corrtpsrsies approved a desrgtssted by the _ Association an.1 all polioNS and rertevvab thereof stteN be heW by tM Aseopation. AM detsiMd desigrsstiom by tM Mortgagor which aro eKeapted by tlsa Association and all agreerrstrtts between Mortgagor and Association relating to amtrartn. now existap or haesher made. shSN be n writing end shah bs a pert of this mortgage agrNmMt as fully as though set forth verbatim heroin and sMg govern both parties txweto and their asxessors and assigns. No Bert upon arty j , - of said Pdides of inttsronte or upon any rohud or redsm promium which mat be pellttWe on the cancellation or termination thereof. shah be given to other than II - _ the Assoaation, except by Prober ertdotptttertt affixed so each Pt>bt•Y std aPProv+d by fire Assoaation. Eedt Policy of inswarsoe shag have afford tMrtto s j` f; Standard New York Mongsges CMuse without Contribution. mtikwtg aN loss or bases under such policy paySbM to fire Association as its interest may appser. 1f ~ I ~ In the event arty sum or sums of ntorssy betonte PSyttbM ilietwtder. tM Aseociaton shall haw the option to receive and apply tM same on accotrrtt at the in- II r_. dsbtednsss hereby set.wed. or to permit the Mortgage to roceiw and use it. or any part thereof. without thereby waiving or imposing ant t+quitY• Nett or right p - ~ under end by value of this mortgage. In watt W by or physics damage to tM mortgegad Property. the Mortgagor shah give immediate notin theroof by mail f{ to the Association and tM Asociatiat mat make D~ of bas H tM soma is trot made prompgy by tM Mortgagor. In wwtt of toredosure of this mortgage. or other trar?ster of title to tM mortgaged property. in extirtguislsrnent of tM indebtedness securod hereby- all right. trtM and interest of the Mortgagor b and to sny irtwrsnCO Dtslicres then in torus shah Pass to fire purofsseer or grantee. The Mortgagor furtiser agrees to abide by tM rolls and existing regulations of the Association. in caxieetion with required pqurertce coverage d tfse Property herein erscurrtbered. Y - - _ 1 t- N t> JC7~__:!vMCi~~i~l~"';-.iii%~~t.? s- 4 Paragraph 4 std those which foNow aro oonteated on Ute reveres side of this mortgepe and by roterersce ate incorporated into tM body of this mortgage. The terms Mortgagor end Associstan, whenever used in this instrument, shall inNude the heirs, personal ropresenut' suoceseors a-sssgns of the respective parties hereto. Wherever used, the singular rKrntbtr shall include the plural and the plural the singular, end tht us of airy gander I include all gsrrders_ IN WITNESS WHEREOF, thes prtnrises haw bete exea,tad on rise day end year first stave written Signed, styled and daivered m the o[_• ~ / ~ , ~ RLU'I~T IsEA~I `''7 • ISEALI As 1 H. uter INGAID M LITER - ISEALI / ISEALI - to Ing id M. Reuter STATE OF ~ COUNTY OF r t^ • t9_ by Tht faegoirg instruntsnt vas acknowledged tsao.e m. this- day o/ February 8 KARL H e It$UTER ~ . aeeaeo . i DER ~E ~ My eonrrwssan expir - . _ i. _ ~ , Notary Public, State d! ~ __l,~-.~ 1Mr Caw~Ydw E~gifr ti• 16~ 1~ b00K ~l.Gf