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Home My WebLink About1357 • C-728A cr 58728-2 ~o' + • ; THIS MORTGAGE INDENTURE ,e~ f .ccuted thrt day of April , A.D.. t98o , by ~49e55 JOHN WILLIAM GOODWIN and MARGARET LOUISR GOODWIN, husband and wife party of the fast part Inaeenaha called Mortgagor!, w CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a corporation exrsurg under the laws of tM Uneted States of Arteereea, party of tM second part (hMaMhN called tM Associatanl, WITNESSETH, Thst for dwgs good and valuabM consderauons, and to secure tM payment of lM aggregate sum of money ranted N tM prometsey rots of corn date hereweth, Mreenaher mentioned, togetMr with inurest thereon end all other sums of molly secured Mreby as Mrainalter provided, the Metpapttr does grant. bargain, sell, alien, remese. release, convey and confirm unto the Astacistion, m fa simple, tM lollowiry described real eaau, of which 1M Mestgage is raw sewed and possessed and in xwal possesseOn, snuate in the County of ST a LUC IE State o1~Flesida, legally descrrlxd as follows. Frrr~ s _ 90_-. ~ ~ IN Pa's ";t4T LtF TA~ (SEE LEGAL DESCRIPTION ATTACHED) t~. . rc _ ,,.~t._ i-,.; FL'.;:;;;1r T.:` t..;•1~1 71-t:4, RCTS 6f ~~E3TY. G R6CER PGITRAS CLEfK Ci2GUtT COURT. ST. WCIE TOGETHER weth all suuctures and improvements now and herNher on said land end the fixtures attxhed thereto, also together with all and Pregular the tenements. nereditaments. easements, repanan eaglets and appurtenances tMreunto belonging, or in any vase appertamiry, and 1M rents, issues, and profits thereof, and also all tM estate, rant, utk, interest and alt cWems and demands whatsoever, as well in law as in lquety, of said Mortgagor in and to the same, and evNY pin and parpl tltereol, and also aft gas end Necuic fixtures, radiatess, heaters, an conditeonerg egwpment, mxhinery, boilers, ranges, elevator end motors, bathtubs, sinks, water closets, water basins, pipes, r:,ucets, and other plumbing and heating feectures, mantels, refregerating plans and it! boxes, wendow ti:rtens, screen doors, venetian blinds, slam shutters end awnings, which :ire now or may hereafter pNtain to or bt used with, in es On tairl prlmrses, even though tMY fx% tfetxhed es tfetxhabk, arc and shall be dtanetl to M fixtures and xcessions to the freehold and a part of the realty, and, it the above dlscnbed property is now or shall hereslter M used for commercial purposes, then tM lurnnure end Iwmshengs and ,r,v replxemints thereof which may be owned by the Mestgago+ and vvhech are now or may hpealter M located upon the above described property- TO HAVE AND TO HOLD the same, together wuh all tM estate, right, Uqe, interest, homestead, dower and right o) dower, separate estate, possession, dJim and ;femand whatsoever. in taw or ,nlquity, of the said Mortgagor in and to the same, and every part thtreol, unto tM said Associateon in fee simple. Tree Atortgagor hereby covenants with the Association that tM Mestgagor is irtdefeasrbly seised with 1M absolute and fee simple tick to said property, and has full power, am.t [awful ;tuthonty to sell, convey. uansler arxf mortgage the same. that it shall be awful at any ume herea!ter fa tM Associsuon to pexeably and queerly enter upon, H.,or, Hold and enjoy said property, arxf every part the+euf; that said Property is free and discharged fiom ell teens, encumbrances, and clarets of any kind, including taxes and ~ssrssmems, a¦cept the ben hereof, vvhrch rs a fast hen on Said property; that the Mortgages well make such further assurances to perfett the Itt simple title to seed property ~ the Assocmtron as may reasonably De regtnred. and that the Mortgagor does hereby fully warrant unto the Associsuon tM title to said property and well defend same +.;:,inst the mortgage claims and demands of all persons whomsoever. NOW. THEREFORE, the condruon of this mortgage n such that d the Mortgagor shall well and truly pay unto the Assocutwn, Me indebtedness e.~deneM by that certain promisso+y note, of even date hereweth, made by the Mortgagor end payable to the Associatan, in the pnrtcipal sum ----------------FORTY FIVE THOUSAND and NO/100---------------------- DOLLARS S 45 , 000.00 1. together with interest as therein stated, payable over a term of 348 months, end shall leer term, comply with and abide by exh and every the stipulations, agreements, condruons and covenants contained and set forth en this mortgage and in tM promissesy note secured hereby, then this mortgage and the estate hereby created shall cease and be null and void. TRANSFER OF THE PROPERTY; ASSUMPTION I t all or any part of the Property or an interest therein is sold or transferred by Mortgagor without Association's prior written consent, excluding (aI tM ~-rra[ion of a lien or encumbrance subordinate to this Mortgage, Ib) the creation of a purchase morwy security interest for household appliances, (c) a transfer !.y devise, descent or by operation of law upon the death of a joint tenant or (d) the grant of any leasehold interest of three years or less not containing sn upeion to purchase, Association may, at Association's option, declare all the sums secured by this Mortgage to be immediately due and payable. Association sr,atl have waived such option to accelerate it, prior to the sale or transfer, Association and the person to whom tM Property is to be sold or transferred ?eseh agreement in writing that the credit of such person K satisfactory to Association and that the interest payable on the sums secured by this Mortgage shall lse ,t such rate as Association shall request. If Association has waived the option to accelerate provided in this paragraph and if Mo?tgsgor's successo? in interest r. as executed a stiritten assumption agreement accepted in writing by Association, Association shall release Mortgagor trom all obligations under this Mortgage nnc7 [he Note. 1 f Association exercises such option to accelerate, Association shall mail Mortgagor notice of acceleration. Such notice shall provide a period of not less than _s0 days from the date the notice is mailed within which Mortgagor may pay the sums declared due. If Mortgagor fails to pay such sums prior to the expire- r, of such period, Association may, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 hereof. AND the Mortgages does Mreby covenant and agree - 1 To pay au and sutgular tM printepal and rntersst and other sums of money payablN by virtw of seed promissey note and this mortgage. a eetlter. promptly on the days respectively tM same sevsrslly bernms due. 2 To pay all and singular tM taxes. assessments. otMr governrttenul levees. liabbuss. obtigatans and encumbrances of every nature on sad tfescnbed property and the related debt acquesrtan each and every when due and payable accedetp to law. before tMy become dshnquent end. d tM same sMll not M WomPUY peed the Association may at any ume. srtlter before or aher debrtquerxy. pay tM same without waning a aHecbrtg tM Ogren to feeclose. a any regfet hereunder. and every payment so made sMl! Mar rnterast from tM date thereof at tM rate of eighteen per tent 118!6) per annum 3 That the Mortgagor wdI keep alt real and personal property now a Mrufter encumbered by tM Ian of teas rntxtgage ensured es may M requued from tame to ume by the Association against bss by fen. wendstem and other M:girds. psualtees end contertgencies for such pereods and le not less than such amounts ss may be regwred by tM Associsuon and to I»y promptly wMn due e11 premiums for such insurance. Mortgagor agrees to deliver renewal a replacement ~I polic,es of any rtatwe or replacement certdicates of inwrance to the Aesocratan, at least ten 110! days prior to tM ee[pigtion a anruwrpry date of tM existing policies The amounts of inwrance requ+rsd by tM Assoaetart shall M mttumum amounts for which seed inwrence shall M vvrittM and it shall M recumbent upon the Mortgagee to maintain such adddanef msurertce as may be neussary t0 meet and comply fully with ell co-ertfuranCe requirements contaiMd m seed pobues to the end that seed Mortgagor rs not a co-mwre tMtwnder. InsurartCe sMll be written by a company or tbrttpa+ties approved or designated by tM F Association and all polecees and renewals tMreol sMll M Mld by tM Assoaation All AeueNd designatans by tM Mortgagor whrth an accepted by tM Association and all agreements Mtween Mortgagor and AfaOCietiOn elating to rnsuranq. raw existing a hereaher made. sMN M in wrung and sM1I M a part of the mortgage agreement as fully as though wt forth vsrMum Mnin and sMll govern both partees Mreto and [Mir successors gird assigns. No kart upon any of seed pOlrcies of insurance a upon any refund a ntum prsmwm which may M payable on tM cancellation a tsrminateon thereof, shall M given to otMr than the Associaaon. except by proper endorsement eNaed to such policy and approved by tM Assocratrort Each policy of ,nsurar?ce sMll haw effrxed tMnto a I Standard New York Mortgagee Cleuss without Contnbutan. melting all bss a bases welder such pdicy payablN to the Atisociatton es its interest may appear. In the event any sum es sums of mortsy become payable tMrsurder, tM Assouatan sMll haw tM Ogren to retaw and apply tM same on account of tM in- ~ debtedness Mreby secured, a to permit tM Mortgagor to receive end ass rt. a any part thereof. wrtftout thereby waivxtg a impaihng any equity. Mn a right under and by venue of th+s mortgage In event of bss a physical datrtsge to tM mortgaged property. tM Mortgage shall give rmmetfuu notip thereof by reed l to the Associateon and tM Assoeuteon may make proof of bss d tM same is not made promptly by tM Mortgage. In went of teecbsun of the mortgage. e other transfer of title to tM mortgaged property. in extinguishment of tM udebtedrtess secured hereby. all right. title and interest of tM Mortgage M and to any insurance policees then in force sMll pass to tM purcMssr a grantee. TM Mortgagor furtl?er agrees to abide M tM rules and existing reguletioru of 1M ~ Association, m connection with regwred insurance coverage of tM property Mien encumbered. 4 Paragraph 4 all those which follow are cOnuiMd on tM reverse fide Of this mortgage and by relerenee an utcorporated into tM body of this rttortgage. The arms Mortgagor and Astociauon, whenever used m this instrument, shell include tM Mirs, personal representativtf, successors a assigns of 1M respective parties - Hereto. Wherever used, the singular number shall include the plural and tM plural tM singular, end tM use of any gender shell include all genders. l [N WITNESS WHEREOF, these premises het been executed ort tM day and year first above written. _ ~ S red. sea/led/end dNivered rn tM Pr of: / . e ' ~ ! ~ ~ w ISEALI _ ~ JOHN WILL GOOD I N t ISEALI t MAR LOUISE GOODWIN g l~ ~ • ISEALI ISEALI ~J ~i l STATE OF 2~ YORK COUNTY OF Tq!'1f4egoirtg nfltpMAls acknOVVledged Mtee m. this ~ day of Aar i 1 , 19 80 by ,'e. ~ Il~;~OODWIN an~j ~pgCARET LOUIS GOODWIN, husband and wif@ - t C; r ' , 4J, MAXIhE M. GOR24R~R1 / i~er ellesrc - ^ ~ t. , r.,S.,:J ~ f: ; l_ Ncsry P~tGc, State of New Ytxk r ! LENDER S Q~l.,~rl,td m Erie County ~ ~ f ; = ~~tMr:.~~af>ws omrtuss,trrt pire3~1t3TC1f3~'i7~ ~ 1, t - [votary ?trblic, Sun of NEW YO K v ~ - IIR~~c~ ! . ` Bt:OKJJU PACf~V~c~ .u.._ _ - _ _ _ -