HomeMy WebLinkAbout1182 S /y{ ~ .
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q,CRK gRCUA COYRT. ST. LUaE CO. Ft~ ~ ~ ~ t ~ ~ . - - ~ - 1
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MORl'(iAGF made the day below set forth betw•cen the Mortgagor below named and the Mortgagee, METROPOLITAN MORTGAGE
t'l)., a 1=londa corportaUun. .
R'NI:R1~ Ati, the Mortgagor is indebted to the Mortgagee as evidenced by a certain mortgage note(Note) of even date from the Mortgagor
to Mortgagee as described below.
7'as secure to the Mortgagee the performance by the Mortgagor of all his agreements set forth in this Mortgage and the Note, including the
repayment of the uldebtealness ecidenresi by the Note, interest thereon, sums advanced by the Mortgagee in accordance with the provisions of
th?s Mortgage ts. protect the lien and security thereof, and interest thereon. the Mortgagor does hereby mortgage, grant and convey to the
Mortgagee the real pmprrry described below together with (a) all easements, rights, tenements, hereditamcnts, rents, roues and profits
appurtenant thereto; (bl all huildrngs, structures and improvements now or hereafter located upon said real property, (c)all of the following
presently attached thercta?: p?pes, plumbing fixtures and es~uipment, electrical conduit and winng and fixtures, heating and cooling and air
calnditioning equipment and fixtures, sprin?ling and irrigation eyuipment and fixtures, pumps, fences and awnings; and (d) range, oven and
refrigerator (+resently upon the premises; all of the foregoing arc herein referred to as the "Property." To have and to hold the same unto the
\lortgagee, tts sueccssots and assigns in fee simple.
The Mortgagor com~enants that he is lawfully scired of the estate hereby convestd and he has the tight to mortgage, grant and convey the
!'ropem•, that the Property is unencumbered except as may be below noted, and that the Mortgagor will warrant and defend the title to the
1'ropertj against all claims and demands.
And the Mortgagor cosYnants and agrees as follows:
1. To promptly pay when due the pnncipal cif and interest on the indebtedness evidenced by the Note and prepayment and latecharges as
prosidhl thtrrm.
To pay all taxes. assessments, charges, fines and other impositions of gostrnmcntal authority against the Property within sixty (fi0) da)s
a,t when due or sixty (Ml dais poor to the same becoming delinquent, whichestr may first occur.
i If it n notch below that this is a shond or other subordinate ranted mortgage, then to prompth• pay when due principal and interest
,wing under mortgage(s101 higher pnorm ("Pnor Mortgage(s)"), to prompth• 1'a) to the holder(s) of Prior Morigage(s) sums due on account of
ta~cs and insurance prcnuums as may Ise provrdcd for under ?he provisions of the Pnor Mortgaggs?, and to otherwise fully, promptly and
rmpktcly lsecp and perform all of the prasmiscs and a,nsenants of the mortgagor under Pnor Mortgagelsl and the promissory note(s) secured
t hcrrbs, all of the foregoing wuhout regard to am• walstts, extensions or indulgences granted by the holder(s) of Prior Mortgage(s) unless with
the poor .ti,nsrnt of tht Masrtgagct.
.t \st t.• apph to, request of. rr,;c?ve or aa-ept from any holder of am Pnor Mortgage am money. funds or things of .clue which would,
:n,ght or could hc• cons,dcreal as an advance scturral by tht lien of such Prior \lortgagc.
y \a,t to coconut wash or ptrmu or sulfer the Impa?rment ordcteriorauon of the Property: not to erect or permit to be erected any new
f u?IaimFs on the Propcrts or ans structural alterat,ons to exuhng bu?ldings wuhout the \lortgagee's Pnor written consent; to comply with all
•uhal?s?s?on trstnct?ons anal ron~ng and other rcgulaton taws and ordinances. affecting the Property. If the Property is a condominium unit, the
\1,,ngaga~r shali,rrompth anal compktch perform all of his obGgauons under the declaration of condominium and the condominium
aas.~?auon s art?cles of ?ncorpartatam, by=laws and rules anal rcgulauons and other constituent condominium documenu including but not
h,n?tcd to tlx pas merit of all regular anal spcc?al assessments. the liens for w h?ch aga?rst the Proptm might or could bast priority ostr the hen of
h?s mortgage 1~ the Proprm is part of a planned unit des,rloptnent, the Mortgagor shall promptly comply with all provisions of the declaration
.~f : ovYnsnts amt rrstna?ons establishing the same and shall pni*npth~ fulfill all his otli:gauons under tht constituent docutnenu of the planned
un:t devclopmcnt in:iuding the homeaswncrs asco:Iahon-s or Its ealuivaknt's artlrtc and bs-taws and shall promptly pay al! iSSeSSmenlS or
!Iargcx .,f csrr, nature (no matter how drsignatedl the lien for which against the Propcm might or could have priority ovtr the hen of thu
:Il.,rtgagc
~ To ),ecp all the Proprm insured as mas l+c rralwrrd from t?itx' to t?mt b~ the Mortgagee against loss b~ tree, aindstotm, harsrds.
;asualtus anal c.,nt?ngencrec f.r such periods amt for not less than su:h amounu as mad Lr reawnabls required by the Mortgagee and to pay
r,~mpth when due all premiums for su:h insuran.Y The Mortgagor agrees to dei?str renewal or replacement polices or crnificates therefor to
`:r \lortgagrt at least f?ftec•n t 1 ~1 days pnor to the cvplrat,on.,r annlsrrsan daft of the c~ICt:^g }+ohnes. The amounu of insurance rtqurred by
:.`.c Mortlagre shall let m?n:mum amounts for v?h::!I ca:d :nsuranoc shall 1'+c written amt It shall Pc Incumbent upon tht Mortgagor to mainuin
~ h add?tioral :ncura as ayv be ticctssarv to meet amt .otnpl. fulh write all co-?nsuran.Y regwremenu:ontalne+d inlaid pollnes to the end
:`,at the Mortgag.,r :c ~ Oo-tiitlirer thrrrundcr 1nsliranet mas ht written M a :ampan~ or companlts approvtd by the Mortgagee (which
al+pra~. al shall not tsc unrrasonahh wii!:1:r}d! and al3 pol?ats and rentw•ais shall t?e held t+v rite Mortgagee unless m the possession of a holder of
f a i'n..r \(.,rtgagc .\il aicuilrd dcslgnatl.•as R. tM \1.~rgag.~r whl:h arc accrptcd b~ the 1ta,ttgagrc and all agreettlenu betw+ern the Mangagor
f! ~ ~.i \lortgager rcia::ng to .nurancc. na~w e~:s:::;F lurraftcr made. shall Nc In a nung amt sluff: i+c a part of ttus mortgage agttrment as fuih as
:`,ugh sr: I.,::h srrlvtl:n herr:n anal snail g, arras lath plrtier. 1'rettto \0 1?rn upon and pouts of Insurance or upon any refund or return
-nrn'aun: w 11: h mas lit' ;»s-ahk on ttu :an.Yliat,on trrnt?ilat?on ihtreof shall tae g?srn to other than tht Mortgagee exctpt a holder of a Pnor
~i,,Itgag:.~r t+s rro}xr rndorsc•nx•rt aff;aca: ta, su:l', poltcv and approved hs tht \(origager Each pau:~ of Insuritrcr shall bast affuod ttxrcto a
~:andard \tw l or? Martgaget C'susr \1::hawt C.,ntrbution tnal;?ng ail I.,ss or }.,sses under su:h pulley payable to the Mortgagee u iu
.zrtrrst nos appear In t1x rent ans Burr. or Burns of motxv Isea:otnc payable thereutrdcr tl~e Mortgaget shall havti for option to roctnt and
ari,Is Cllr csr,?t .,n axount of tl'rc :ndet~trdness rc~-tired tlerrM or to permit ttx Mortgagor:o rc~YlsY and use It or ans part thereof .,thout
1+i:s-: ;g v aln:tF any rqurt~ . lrcn..,t ngat ur?aicr anal hs strtue o! trio mortgage In the event of loss or p3ys?:•al datragc to tlx Proprrty~ the
~:2fa€.u shall g:sr ::nrm:atr n,:h~c Ihcrr.l i+s :Halt to the Mo:tgagor and :ht Mortgages troy male p:oa' of loss If the sattx Is not prompth
--.axle !+s :hr \(ar'aFagnr In fire cs•cnt of iorr:lo~:;rr of thu mortgage o: other transfer of t:tk to fief Pr.~ptm all rgilt- t:tk and intemt of the
~!.~:2gal.,: :r, anal t:~ :tu m~:?rar.~r p.,l ;-,es silai+ pass to :bc purchaFCr or granter
' i:: t>r \I.,rtga(r,r ;s13~ per'..,tzr. *u.-rsr.-anis and agttrmenu c.,ntalnei In this mortgage. o: II :hc vlottgaga,: foil t, perfota. ans datti
, '+t:ga::.~r, ar..:rg urrfrr a 1`no: \~1.,::gagr tln.;ad:ng the pas•meni of pnna-?pal and a: mutYSt. depa,i:u ar, .::aunt of axes and iaswanrr
- ~;::::ns an ;arc :largcx r.; r.:tI.~:IFA :!?r !Ia{der a: the Pilo: M.~rtgalrr tics made n., demand thereuirder and has not ihr:atrn:d ans_ action In
-rr,...,-; 1.::f :hc sand..,: acs action pra,.Yriing is c.,miae».xd a'fiKh mattrally affc:-u ih[ vlt1^.gager's Interests ;r. the Propcrt.-
;;ra:, :F i,::: n, s ;;,std : ~ c.:::ncn: aiama:n .u ;ate enior.Yntnt or arTargr:nenu invoh;ag a :unlrupt or dc~rnr, a'?s if th:re Ls au• apparent
fan ;nr..:,: n: a; :.'x i'r,pcra.:!Irn :'u \9.,rigag:r at :ts opt,.,r. t:?ay pas to the holder of a Pnor Mo:
agagt aU or parts a1i ttK su:nt, n~..~-ssa.-? Io
~:,rg :M 1'n u M ~ngagr : I:^rnt. r:,as mat;c apl.Caranxs. ^?a~ caste up.,n ar?d r~.--utr the Pi•opem. ttsa~ dlt.butBe ru:.h otterr suss Ilarluding
r, t:rn~tr.; s., t'rr pa.-r:ners o! :nxuratrct prrr:us:rtf and taxed. and :nay talc su:.l: o:trer action s: the M ottFaget ttasolubh dextrts rrexessars
i1~;V,I,i: r:'.,:C:t f::~ !.:•rrrrt:c ;n ti,t Proprrta. fit{ M~:i?a,u: Tr-hard Ian I~1L •'f:L::,f tiff Pra~pciTa .'~n1~ atAJ1I71t_~ 3L•l+I:i'S:a~ t±. I!r. VDtt~'.ac:x
..::r.::an: :1r },r;•a-;tra,n~ OS 2tiN pariQ[apfi. I ~gtthct w'Rit InteT~.t Ih^rr,,t aI tit: rate a~~ S:A;rY? t t ~ pr. .Yn: ~1r: 3t.Lt:IT. Shalt i1e'C.i:~:
rn.".:: r,,r,;a.:n:i: t+:r,:.r-.ca o`, ti?c Vtortgag.,: sa-.Irrd'+. itiit• mo:tgagt. l ri..^c. ti?: 41n:.g<ta: and V,o^.gEg:Y egret :r. ti7,ung t:~ sonic Dias:: -crt:c:
~
aa~frlC [`2..tl:'1: a m.,:,nrs s*::{i t+r l+a.•abk ,mmrdwtch_ \a~tlmF :r. I! L~ p&rag:
apG ?.!.~-t; :r:<ui]Y ::IC Vlor.¢ag:t tc• .n: ur ar:.:ap::L~..:nt.f.c ar.~ti
.J :~:'+t::
Ft7.^.'T~RS al: Iw?c r,, 8.
~la~P v1'Aitt`l'tt.
~ Ali ~ra,a:rds ar,s a.rard ,,T C{li1T l;1: ditsage~ dlrrlx :,::.irnfie.'~irentia; :r::..,r:rre!•.La,f. Y;tt, ans c.,n3:tnnnn.•r. a: ans athe* rating
. ~.:nrn: a.~r.,x,r. o' :ter 1'mpcr:a a,t ans ps,n trrercoi. or fnr :.,nvcyanax In ir: is nt G,DDerrinaI,(,L t1T em;nen: dA2rllain tsre herebv asfigt,od and .Dal;
~r pa,c! h; y ,:•tgagrr. 1• ni~ss i ht \~1 ortgagor and 1Nl origrgrt r?ttret~nlx agrr_ :n •nt?tIF ~ a i ai{ , ra,.'Y•edf, rece: vt~ t+s ttx M oragagex sDaL`• tic
~nl,rG :hr sums sr: u:rG hs shit. mortgage s-,Itlout ?mpc>fatlor. of ans prepayment :.f?arg~e. and ~3+::iu appb:.at,on o' ~+ro..~I, r,tsaL' n~: extend
11xI;+,,nc :hc cur cart ,tnia{Jmenia o1 p-at>,^ipa{ and Interext of ct?angc zhc atu~unts ttrrreo'
4 ,ass f:,rt+csrznar tree Y,ergagcc :n exerc-lx:nE ans rlgtrt or remrdti ht:reun0er or t?therw~iac affordtd applrcttlk lizti sttal; nrr: t1t a
4•a~ver ~f air per.^.ludc :1?t czerc?sr e1 each ngtlt n* rrmrds Tire prc?ctl-emem ni :rlt:uratlot rr. the payment ni ttta~ ar, at3~r; Lent a-+r cha-get. cn tfle
,al•rrr:nl n: rums under s f r,or W/ortE[agt M tht Nort~ee siiaU not ire a Rawer n1 tree Moztgagee't. right to acceierau the ttsaturm ~f Ito
ndrt+rrdnrx-. sr: a:rrcl !,t :hLa maragtagc .~\I: rcmcdres prna•,ded in thu inn..^.}*ragr an d?stin~ and cumillauvc to ans mbar rIF!?t rctneds ut>ar;
t,s• m~^grcFr or a`; ~rtir.::R ltrs oz r.~uac area rrws t1e exercised cr.n;.u;rnth. ir?.'1e:petidcnlh n: stuxxxs!s•ets
7c. pas a{: c,cts ;:`?argra end tzpetiaex ?rre)ud?nF artorrie•~'s ftm, , Rhtratrer .,r ao: ltugatrnr. orrurs and Lt n does tDt~:hrrse an appellate u
wrli of tru'. Irvr.;~ ant, s2sstraca ceps reaxr?nabl~ itr:.urrad or ;raid at and z;t71t t+s :he Mn:tgagtx lre.;aus cr." tht failure ot: tbt part o' tbt
y,o ;gafrr?r tr, l+crforn...,.xn?pls Ritt: and ab?dc t•s of of his cclverianu s-: ;artL Ir. this, mnrtpaagr and or t.ht Ncnc and rn Paso: Mongagas! and
Iht p-om.Boole. notar.{ sr:urrd ttrc:r'!n w
The M~'tgufi-r a a trrrmc mn'IRagr A-~k::; unoc~ C'twplct 4~t- f'i:?nd~i ~
.mutts ` ~n y~~$1
k. - k~• ~ f''r'r?~rrC. T~ 1U: r, 1: 1 x.:1,:•1:•' t:::1-r1:'t 6?~1!' Ti:R.ta•M ~1;1I11!'a'kr:: 42?arr:.. Fi. T?da ' ; 1
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