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HomeMy WebLinkAbout1337 t i , and shall perJorm, camply with and a6ide by each nnd every tl~e agreementi, stlpulalloni, condittoni nnd conennnts thereoJ, and oF Jhis mortgaQe, tl~en this mortgnge and t1?e eatate here6q creuted, sl?alI cense, de- ~ termine and 6e null and void. ' 7U1li f~?p mortgagor {~eruby jurther covenants and agreea to pay prompt~y w~en c~ue t~e principn~ nnd i infere~t and ofher surtu o~ money provided ~or in said note and f~la mortgage, or elt~er; to pny a~~ nnd ~ sIngular the taxea, assesimenfs, Ievies, liabili~ies, o6ligations, nnd encum6rances o~ euery nature on laid pro- pertq; 1o permit. commit or su~(er no wasle, impnirment or deleriomtion o~ said land or !he improvement~ therecn af any time; to Irepp the bui~lings nou~ or herea~ter on ~a~d iand /ully t~~d in a sum o/ ~ot ~esa tl~an FULL INSURA..RLE VALUE in a company or companies acceptable to the mortgagee, !he policy o~ policies to be held 6y, and ~ya6l~ to, said mortgagee, nn~ in t~e euent any sum of money 6ecomes rxiyable 6y virtue b~ auch insurance mortgagee shall ha~~e the rs9ht to receive and apply the snme t4 t1?e inde6tedne~s here6y ~ecured, accounitng to the mortgagor ~o~ any surplus; to pay a~~ costs, chnrgea, and expenses, inc~uding ~awyers ~ees ant! tlt~s ~I aeorches, reasona6ly incurred or ~~d by the mortgngee 6ecause o/ the /ailure of the mortgagor to promptly nnt~ ~u~~y comply wif~ the agreemenls, sfipu~ulions, conditions and oovenanfs o~ said note nnc~ l~is morlgogt, I or either, to perf orm, comply with and abide 6y each and every !he agreements, stipu~ationt, oonditlona und couenanls set `ort~ in said note anc~ f~is mortgnge or either. ~n the event t~e mortgagor ~at~.t to pay w~ttn due any tax, assessmPnt, insu~ance premium or ot~er sum o~ ~?oney ~,ya6l~ by virtue of said note und t~ib mortgage, o~ either, the morfgagee mny pay t{~e same, wit~out wniuing or a~`ecting !he option to (orecbse or anv other right hereunder, and all such payments ahnll 6ear interest jrom date thereof ut tlte 1~igl~est ~aw- ~u~ rnte t{~en a~~owed by the jaws of the State o~ F~orida. J~ any sum of money {~erein re~erred to be not promptjy paic~ w<<h~n --15---- daya nex! a~ter t1~e aame 6ecomes due, or i~ each and every the agreements, stipu~ations, conditions nnd covenanta of aatd note and this mortga~e, or eitl~er, are not /ully perjormed, complied wilh nnd ab~ded 6y, then the entire ' sum mentionec~ in said note, and tl?is mortgnge, or the enttre ba~ance unpaid lherrwn, shal~ ~ortl~witlt or t~ereaJter, at !he option o( the mortgagee, become and 6e due and pnya6le, anqthtng in saic~ note o~ her~ein to f~ie contrnry notwit~slanding. Fai~ure 6y ~l~e rnortgagee to exer+cise any o~ the rig~ts or optfo?u ~e~1n provided sF~a~~ nol conslifiite a u~aiver oj any rigl~ts or options under said note or thu mortgage accrued or i f~erenjfer accruing. ~n ~~~~s ~~~t~ the said mortgngor has F~ereunto signed and sealed these presents tlte clny and year firsl abo~~e u~ritten:THIS IS A BALLOON MORTCAGE AND THE FINAL PRINCIPAL PAYMEN ~ OR PRINCIPAL BALANCE DUE UPON MATURITY IS ~64264.42, TOGETHER WITH ACCRUED INTERE T Signed, sea~ed and deI' d in the presence o/: IF ANY, AND AI,L ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MO~E . . . - ~ wit ess 1 - ~ , - - `~J. F ~ - - - ; J n~,~. J; j~ ~j~ , PATRICIA. WHITTINGSLOW~ • ~ u~~~~.C c~ 1~~~h~-- ~'8'_~ - - - ~ witness 4l 2 i , ~ ~ : ~ STATE OF $~Q~, NEW YORIi ~ ~ COUNTY OF ~ ~ I HEREBY CERTIFY that on thii day, befon me, sn ~ officer duly authorized in the Stat~ aforesaid and in the County atoresaid to take acknowledgments, penonally appearcd ~ PATRICIA WHITTINGSLOW ~ ~ to me known to br the perwn described in and who exec~ted the for~goinq instrument and St7e acknowkd6ed ~ before me that She eaecuted the samt. ~ W'17'NESS my hand and official xal :n the County and State last aforesaid this V day of January A. D. !9 9U ~ . . 1 J?2311 NOTAR~~U.BI,IC TATE & COUNTY LAST AFORESAID MY CO*4IISSION EXPIRES: ~ 3O PI Z~.: [(h~ * S EAL M~ I~NNE~i FER~T ~Yl PuWlp, 6td~ of Hwv Yerk C'' ,~~~1tNa~'intp ~~Co;Mty ' ~DUC~ A~' ;~f i.:z: t v. ~J 1 ~ ~ ' X .~''1 ~ ~ ~ ~ ~ $1 `U+:it " ~ `~i' . ~ f 7' ~ ~ This liu~rumfn~ prrparrd by: ~ooK fi 15 PacE133? ! ~ s ~