The URL can be used to link to this page

Home My WebLink About2181 . _ ~ . PROVIDED, ALWAYS, that if the Mortga~or ahall pay unto the Mort~n=ce tho i~debtedaess evidenced by a cectain promisaocy note of which tho foilowin~ in words and ii~uros is a true copy to-wit: = 975.00 Juaa ~1 . _ . ~ Mwrti, Florida ~ iy 69 . • FOlZ V . pcumise tu WY to the o~de~ oI th~ pri~cipai w~m of 9 ~ T~ tiL DOLI.ARS, to~ether with inte~+ea~t thereoe (eoa~ aate o~ the rate of ten peere~t. p~r ~anwa uatd ~aaauity. both pfineipal and int~e+est bein~ PRyabk iu bwf~! mo+~ey of the United 5tatra a! ~'244 Bi~cayne Blr1., Mia~ui, F'loeid~, or at such other place as tbe bold~ts l~ee+eof may daianate in wciting. Principai and 'u+terest p~yabk ia in~tdhaenb a~ fdbrn: Twenty-ii~~ (~25.00) Dollars per aoath, bsgiaaing on the 15th dq~ ot Augusb 196~9, aad aon~iauiag on th~ 15~h day oi eaoh sn~d ~~~r~ 10II~h 1ih~1'eaS'~~1' 1~t~1 p81(i ~D. hi~l• This note n~? be poepaid in Mrhok o~ ia part aftu one yeu Ee~om the date heceof upon payment ot a peeultp equivdent to two pcccent of the princip~J wm prepiid. F.ach i~Wl~eet Papn~eat ahall be cr~edited fiest on tbe ietenst due, ~d t!u rrmaiader o~ prineipal: aad intuest shall there- upon ceare upoe the prieeipal ~o credited. The makea and endoners o~ tha note further a~ree to waive demand, aotice of non-payment aad protest, and ie the event wit shait be brou~ht !or d~e coikction het~cof. or the n~re !us to be colkcttd upoa demand oE an attorney, to pay ~aonabk attorney's fees Ior mslci~g mcb colkctioA. • Defeercd payn~enb hereunder ~a{I ba~r inteeest at the nte of ten pee~ceet per aaaum from maduity naW ~aid. ~ Tha note i~ ~ecuted by a ew~t~e"of evea dtle be~rewitl~ and is to be con~cd aad enfa~oe~ aecord~ to the laws of the ` State of Florida: upon deEault in tbe yment oE prinei~al tndlor interat ~rl~ d~e, d~e ~rhde ~uu~ of principtl and iatetrat u ren~inin~ n~paid d?all. at tbe eption o the holde~s. become inane~ately due aad p~yabk. ~ III@Z DaviB (s~~l.? ~P~d ~ SP~+ d Ta~drich. Attaweys - 22~0 B' (SEA1.1 rafwe Bl.d.. Il~~ai. Fla~id~ and shatl petform, comply with and abide by each and every the stipulations, agceemeats, canditions and cove- nants of said promissoty note and of this deed, then this deed and the estate thereby created ahall cease and be null and void. 1. The Mortgagor hereby covenants and agrees: . (v To p~y all and sia~ut~r the ptincipal aad iaterest aod other sums of iooaey payable by virtue ~ said yromisaory note and this deed. or either, promptly oe tAe days respectively the saeee severally Decomes due. (b) To permit. coe~mit o~ suf(er ao ~raste a.nd to mainiain the improvemeats ~t atl times in ~ st~te of ~ood ~epair and coadition. and to do a persit to be done to s~id p~eaises nothin~ t6~t will alter or chanse tAt we and eAaractet of aaid propetty ot ia tny ~ay impait or ~e~kea ~he security ot this mort~ase, Aad ia case ot t6e retusal. oe~lect or ip~bility of the MortsaSor to repair aad sainuin s~id proper. tY. the lilottp~ee msy~ at hia option, ma4e sucb tcp~irs or caase tYe s~me to be eade; and advance moaeys in thst beh~?t. (c) To p~r ~Il aad sissul~i tbe taies, aaiessveau, levies, liabilitiea. aad obliptiaos ot every osture oa s~id describetl property e~ch and e~rery rhen due ~ad payable accordie~ to la~r. bstare t6er becomt detiop~ent. and to delivtc to the Maltaiee a? or betore Alsrch ISiA ot eaeA year tax receipts evidteciq~ tbe p~yment ot all ta.fullr iroposed w~es tor.the prectdie~ calendu ye~r• w indemaify the Yottq~ee upon his dem~od to~ ~11 ~ies, asscssaeats and c6ar~es lhat pr b~ usesssd upon tNis aaort~a~e oa the~indebtedness s•- cured Ixrebr. sad paid Sr the sort~a~ee. ritAodt ee~ard to aay lar 6eretofae eaaoted a Aaeafter W be en~cted isposinj psyment ot the ~r6ole o[ aay nstt thecao[ upoo the Nottaaseo. (d) To psy •11 aed sinsulu tbe costs, cMr~es and e:peases. IIICIOd~tlj Ii~Ctl~ fees and abstract costs reasonably iecurted M paid at any time by tlte Mortta~ee becauae of the t~ilure oa the p~rt of 16e 1lortpsor to perform. cosplr ~iN aed apide by each and every ~he ` stipulat~au. ajreementa, cad'etions and covewnu o( a~id ptoeiasory note aad tLis deed. br eitser. alld tYCfy SYCA~~YR1Cpl SAa~I bt~f ~ntcreat (ros date at the r~te of ten (IOS) pet ceatwa per annum, <e) It is (urther coven~ntod and ~~teed by a~id putita that in tlie event ot a suit bein~ iast~tuted to foreclose this mort~e, the Mo~t- ~ tatee s6a11 be eatiekd W apply st aaY tise peadie~ such foreclosure s~it to the court turin~ jurisdiction Wereot la We appointmen~ f of s recei~er ot sll and siasulu We sort~a~ed property, and ot ~ll ~eats, incosea~ orofits, isiaas ~ed re~enues d~e~eo/~ fros vh~tsoever sauce deri~cd: aad thereoyoo it is Merebr e:preaslr covesaeted aed ~steed t6~t the Caut s6a11 (o~thwitL ~~oiet sucb rece~rer a~th the wwl pwrcrs sod duties of receirers ia lite cucs; ~nd ~~id appaatseat slull be oade br tbe coun as s sstter ot striet ri{ht to [he Mort~~~ee. and ~ritdout retereace to the adequacy or inadequacr of tLe •alue ot tYe ptoperty Aetebr ~aott~a~ed. or to the solvency or inaolreser o( tM Mortptors or aoy otAer party detend~et to sncA suit, TRe Mat~a~or herebY speti(ieally rai~es the ti~ht to ob~ect co tbe ~ppoint~spt d a receirer aa ataeaaid and Aerepr e:presslr cmaents tsst iucA a~oinwe6t s6a11 Se ~ade ~s aa ~dm~tted equ~ty ~nd as a s~tter o( absolute ri~ht to tAe Mortp~ee ~sd th~t tAe sawe .ar be dooe ~Wost aotice to tAe ~Iwt~s~or. (fl It taeclasure oroceodiass should be iestituted ~~ainsi t6e ptooerty corered AY this eon~ase ~poe aoY other liea or cla~m whether •I{e~cd to be anperiot a juaior to tAe liee ot Wis aort~e, thc ?brt~~~ee oay at Ais optiow i~sedi~cely ~pon ~nstitynon of sucA suit a durias ~he pcndewcr tkereof declare tDis satsaae •nd t4e iudeAtedees~ secired Aerebr d~e and paYable fatb~~th and may a~ its ' ootioe ~oceed to faeclo~t d~is ~orya~s. } (~1 7'tiat We Mort~or ~ill teep all re~l aed petsoeal ptopertp po~ ot Aeteaftn encYSOeted bY t6t lien ot tAis sat~a~e ~e?surcd ss way ! be re~ired tro~ tiae to ti~e by tAe Mat~a~ce yainst tors Sr tire, wadstor~ sed other h~t~rds, csswlt~es ~nd cont~n~tacets 1w sucA ~ penods ~M for sot tsas tia~ sucA a~et~ as Mr pe reauued bp tAe 11o~tp~tt aed to p~Y pto~W1Y ~'Uen d~e all prem~ums ta such wYrawc~. 11s ~~oy~ts o( i~arraece r~arirN by t!e Mort~a~se sAall be t?e ~in~w ~~ounts ta~ ~rDich said ~sswance sMall ~e rntten ~ asd it sAal1 be ieeu~beat upa~ the ysrt~~ to ~aietaia ~YC4 sddieios~l iwrrascs aa pr bs ese~ssary to wee~ asd ~o~alr 1~llr .?u+ •11 co-iuaruce teqwre~ents cmtaued in sud pol~cies to 1be sad th~t t4e saiA Ilor~~or ~s na a co-inswot tAerea~der,(asurancc sAall Ae ~ittss Ay ~ coyuy a~ co~a~us aprored or Ies~~n~ted br tAe Mort~a~e~ ~ed all ool~ciea aad ress+~ls tbereo( sA~ll be hcld br ~s ilort~se. All det~iied de:ipui~oea er tie lratsa~ar s~icb ue accspte0 !r t~e Yaya~ee and all yreescn~s bet.sea Monsa~« ~ed Matta~ee ~elat~as to iaaarance. oar •aistia~ o~ A~reaftet ~ade. shalt be ia vtitis~ and sA~ll bc ~ p~rt d tL~a mortp~e a~receeet ss f~llr ~s tAayh set (a~h ~erb~tu~ lttsiA ~ad sAap ~orete bot6 oattits hetclo ana t6etr sYCCessas ~ad ass~sas, No I+en aDon ~ny of ~all polici~a d iwwaeee a rpo~ asr ret~ or returo prew~~ thics ~r be par~ble m tl~e c~eccllat~a? ar teneioauoa ihercof, sA~ll be prys to otAer tAas tl~e 4/orq~sea. eace~t br proocr sada~e~ent ~ffiasd w srcA Policy and ~~rored br 1/ortNiee. EacA pol~cy of w~r~e~ sball ba~e ~tfiaed t~ereto ~ Sta~dard Ne• Yort !i/ortas~ee Cta~ue r~U?ort Coan~sut~oa. wk~a~ •q loas a loaaes uwder suc1+ oolicy MY~bN to the Mortssase as us ~s~srsat awY a~u. le the t~Nt sqr sw or sw~s ot ~oa~y bscowe Nys~le dKre~rWsr tAe ~/we~ Nise sAall ?~rs tie odtio~ to receire aod ~plY dM sMe on accw~nt of Ve iedeMedsesa Aere~r sec~+red. a~o oeri~t tAc 11w~~a~o~ te rsct~~~ W rss ~t, a asr part Wst~of. iit6ont d~t~ebY ~~ir~tts or ~~pttn~ „r e~«r. lue. or n~t rpder asd br rertre o( tAia watttaas. M~vent of loas a pl?ys~td d~~a~s to ~e .«u.~.a ao~r~y as twore~,~« ~Aall ~~~s ~wsed~~u sot~ce U~ereof try T~rl tn tAe Mat~aftt aed Y~t l~lo~ts~~se ~ar uia?e pruot d loss i( the sas~e ~s sot made prosPtty bY tAe ~Iorta~sa. (e e.en~ ol fwe~l~.~re of ~ ~ . • o~s~s DA~~zz~9 ~ : . _ ~ ~ 5 . ~ ~ ~ , -