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Home My WebLink About2656 ~ • C-?48A cr ~ . 63593-8 to TINS MORTGAGE INDENTURE ~ ~5~66, , E.ecuted tors a9 day of ApriY . A.o.. t9 $Obr - GLORIA J. SICA, unmarried, and NORMA ATKINSON, unmarried p.,rty of the tits) part Ihere,naher called Mortgages), to ' CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION a : orporauon tusurtq under the laws of the Unned States of Amer,ca, party o) the second part Iheranalth called tM Assocyuonl, WITNESSETH, That for drras good and valuable consrdaauons, and to secure the paymem of the aggregate vein of matey named m the promissory note of even date nerewrth; hereinafter rttenuontd, together w,th mteust thereon and ad other sums of money secured hereby as ltertinafttr provrdtd, the Mortgagor dots grant, bargain, sell, a!•en, remise, nlesse, convey arxt confum unto Me Assocration, m tee simple,*t~he blbwrrtg descnbtd real csutt, of whech the Mortgagor rs now strtid and possessed and m ac veal possess,on, snuate m the County of STe L W IS - - - State of Flards, legally descr,hed ~ . e _ _ . (See Legal Description Attached) ~ • . ~ 5 :.t s TOGETHER wrih all sutxtwes and rmprovtments now and herealtH on said land and the Natures attached thereto, also together wuh all and singular the tenements. r:r~ e~.tuantents, easements, npdrian rights and appynenanCK thereunto belonging, a in any verse appertarnertg, and the rents, issues, and prolds thcreol, and also ate the estate. vent. title, interest arW all clarms and demands whatsoever, as well m law as in egwry, of sad Mortgagor m and to the same, and every part and pared thereof, and also au gas , etecurc hxwres, radwtess, heacers, an condwomrtg eywpment, maeh,nery, boilers, singes, elevators and motors, bathtubs, stoke, water closets, water basins, p,pK, t ,,ets, and other plumb,ny and heatrrtg luwres, mantels, refigerauny plans and ice bones, w,ndow xretns, screen doors, verxban bNnds, stem shutters and awnings, which .,~r i,uw or may hereafter per teen to or be usetf with, ,n or on sa,d premises, even though they be detached or detachable, are and shall be rfeerteed to be Natures ariil accessions t;, the freehold and a part of the reapy, and, d the above described property rs now or shall haealter be used for commerual purposes, they. the Iwnrtwe and turmshings and +r, s. replacements thereof which may be owned by the Mortgages and which are now or may hereafter be located upon the above describetf property. TO NAVE AND TO HOLD the same, together wqh all the estate. right, tick, interest, homestead, dower and reght of dower, separate estate, possession,clmmard 1r~t}and whatsoever, ,n law or in equity, of the saaf Mortgagor rn and to the same, arxl every part thereof, unto the seed Association in tee Semple. 7 he Mor tgagur herNry covenants wrih the Assoc,at.an that the Mortgagor is ,ndeteasrWy seeaed wrih the absolute and lee simple title to said property, ant has lull power, ,u. i I,wlul authority to sell, convey, transfer aril rrwrtgage the same- that a shall ere lawful at any tune hereafter la the Assoceation to peaceably and quietly enter upon, _ , r. habf anf enjoy card property, anf every part thereof- that sa,d property rs Nee and drschar9erf Nom all Irene, encumbrances, and clarms of any kind, ,rtclrrd+ng taxes and .,>srzsntents, except the ben hereof, which rs a lust hen on sane propeuy: that the Mortgages well make wch luuher aswrances to perfect the tee Semple true to seed property ,nr Assocratiw as nwy reasonably be reywrerl- and that the Mortgagor does hereby fully warrant unw the Assocration the true to seal property and well defenl same ...most the mortgage clams anti demands ul elf persons vrhontsoevlr- NOW, THEREFORE, the cuncbuun of ihrs mortgage is such that d the Mortgagor shalt well and truly pay ono the Associatioet, the ,ndebtedness .~denceil by that cerm.n promissory note, of even date Irerewrth, made by the Mortgagor and payable to the ASSOCraUOn, in the pnncrpal win ~~~~---~~~~~~~---~~~-~-THIRTY-0NT THOUSAND DOLLARS 31 00~ • O~ together wrih rmHeSt as therein stated, payable over a term of 34p months, and shall t.. r m, comply vetch anf abrtte by each and every the stipulations, agreements, tondrUOnt and covenants contained and set rortb~in thee mortgage and rn the pwmssury note . , ~,~eii hereby, then this nice tyaye arxt the estate hereby created shall cease and Ae null and void. TRANSFER OF THE PROPERTY; ASSUMPTION i t all or any part of the Property or art rnterest therein is sold or transferred by Mortgagor without Association's prior written consent, excluding Ise the - raet,on of a Iron or encumbrance subordinate to this Mortgage, Ib) the creation of a purchase money security interest for household appliances, (cl a transfer ,iev,se, descem or by operation of law upon the death of a joint tenant or Idl the grant of any IeasehoW interest of three years or less not contaenirtg an ~:t;on to purchase, Association may, at Association's option, declare all the wins secured by this Mortgage to bx3 immediately due and payable, Association .!•~en ha.r waived such option to accelerate if, prior to the sale or transfer, Association and the person to whom the Property is to be sold or transferred reach :;rern.ent rn venting that the credit of such person is satisfactory to Association and that the interest payable on the sums secured by this Mortgage shall be such rate as Assocration shall request- tf Association has waived the option to accelerate provided in this paragraph and if Alortgagor's succeuor in interest .,s executed a written assumption agrrernent accepted in writing by Association, Association shall release Mortgagor from all obligations under this Mortgage + v,a> Note- i f Assoa:iauonexercises such option to accelerate, Association shall mail Mortgagor notice of acceleration. Such notice shall provide a period of not less than S;r ,„y~s from the date the notice is mmled within which Mortgagor may pay the sums declared due. If Mortgagor tails to pay such sums prior to the expire , of such period, ASSOC13tiOn more, without further notice or demand on Mortgagor, invoke any remedies permitted by paragraph 15 hereof. AND the Mortgagor does hereby covenant and agree 1 To pay all and s,ngular the prinCepal and rnterest and other wins of money payable by wrtue of card promessory note and tMS mortgage. a edtter. promptly ore ine days respectively the same severally become due 2 Tu pay nit and singular the taxes. assessments, other governmental levees. habrhtiss. oWrgations and encumbrances of every nature on sad described property and the related debt acquesiteon each and every whin due and payable accadrng to law. before they become debnquent and. ,f the same shalt not be promptly pa,d the Association may at any time. either Oefore or after delinquency. pay the same wethout warveng or aMecting the option to fesedose. or any right hereunder. and every payment so made (hall bear interest Nom the dale theee0} at the rite OI eighteen per cent 1181 per annum 3 Treat the Mortgagor w,ll keep all real and personal property now a hereaher encumbered by the Tien of thes mortgage rnwrsd as may be requered from t,me to c.rrre by the Assocration against bss by Nre. wendstesm and other hazards. cawalties and conbngertcres for wch periods and fes rat less than wch amounts as may be ragweed by the Assocration aril to pay promptly when due all promwms fes such ,nsurartce Mortgages agrees to deliver rertewal_ a replacement - pol,c:es of any nature or replacement certificates of mwrancs to ilia Assoceabon. at least ten (101 days prior to the expiration or anniversary data of the eaestirtg puhc.es The amounts of insurance rsquusd by the ASSOt,abOn shall be mmemum amounts fa wltecA Sard ,nsurartce stall be written and rt shaft be recumbent upon the Mortgagor to maintain wch adddronsl mwrance as may be necessary t0 meal aril Comply fully w,th all co-mwrance rtqueremen[s contained rn card puir;;,es to the end that sad Mortgagor es not a co-insures thereunder. Inwrance shall be wniten by a company a wmpames approved a desrgnatsd by the Assocration aril all pol,c,es and renewals thereof shall be held by the Atfoceatron A1I deta,led designations by the Mortgages wMch are accepted by the Assocration and all agreements between Mortgages and Assocration relating to insurance. now existing or hereaher made, shall be to venting and shall be a part _ of th,s mortgage agreement as fully as though set forth verbatem hereto and shall govern both psrtees hereto and there successors and assigns No Men upon any of seed pobcres o/ insurance or upon any refund or return prem,um which may be payable on the cancellation a termination thereof. shall be green to other than the Assocration except by proper endorsement aNrxtd to such polKy and approved by the Assoc,at,on Each pdicy of esurance shall have aHrxed thereto a Standard New Yak Mortgagee Clause without Contnbutron. malting all Toss a losses under wch pdigr payable to the Assocesteon as its rnterest may sppeac In the event any sum a sums of money become payable thereunder, the Assocration shall have the opteon to receive and appy the same on account of the in- debtedness hereby secured. a to permit the Mortgagor to receive and use et. or arty part thereof, wetfiout thereby waning a empsurng any egwty. Iran or nght under and by vertue of this mortgage In event of loss a physical darnags to the mortgaged property. the Mortgagor sha4 yetre rmmedrate notice tftsrtof by mad to the Assocration and the Assocration may make proof of bss rf the same rs not made promptly by the Mortgagor In event of fesecbwre of this mortgage. a other transfer of title to the mortgaged property. rn tatrrtgueshmsnt of the irtdtbtsdness secured hereby. all right, true and rnterest of the Mortgages en and to any rnwrance polec,es then ,n face shall pass to tM purchaser a grantee The Mortgagor further egrets to abide by the rules and txrsting regulsteont of the Assocration. en connection wdh ragweed mwrancs coverage of the property ftewm encumbered 4 Paragraph 4 and tAose wfuch logow•an conuirte0 on tfte rwtrtw tsrde of the mortgage and M reference an irtcorpaatW into tM body of this mortgage. the terms Mortgagor and Assocration, whenever used m [his instrument, shall rrtclude the fetus, personal repretentatwes, wcceswrs a assigns of the respective parses '•erero. Wherever used, the singular number shall rrtclude the plural aril the plural the srrtgular, and the use of any gender shall ,nclude all genders. i N WITNESS WHEREOF, these premises have been executed on the day and year fast sborre wretten. seated and rleliYered rn the Presence of. . a ISEALI GLORIA J. ICA - L.r.C.~,4 NORMA A INSON SSEAL) _ - _ (SEAL) ISEALI STATE OF FLORIDA __couNTY of MARRTIN ..s ~ ~ ' The teiritrgOrrg mslrument was acknowledged before me this-Se..Z_ day of 1y1- , 19~~/ by ~ _ ~ t St ~ ~iIAxIA J. SICA, unmarried, and NORMA ATKINSO , tin d i r!~ _ - _ LEND RERE ` Ny oortt~ptttion ettpira~ ; G _ i ,t My Conunisian Expires Dec. 13, ~5a2 FLORIDA r I as Ax,. ~,r, F.r= a c,=„r~ c.Rw„y Notary Public, Sate of • e • i ~ ~.t{ - ~o;:K~ p~cE~S