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Home My WebLink About2846 PROVIDEi), AL.WAYS, that if the Ak~rt`a~ot shall pay unto the A1ort~a~ee the inJebtedness ev~dtnced by a cectaio promisswy note ~.f which the follov?in~ in wotds a~d fi~utes is a true copy to-v?~t: ; t; ~ ' ' ~%!o~tgage '12ote i i . 2350.00 Fl~rid~--- Aj~ri1 15 I'~_7 - - ~ Fult ~'v.t~N: tth:~:M:~~'I•:!~ - _ We,_ jointly and severally c~r~~~~~~• a,~. i,~ th,• .,~d~•r ~~i GEORGE FRI EDl!tAN_ _ AND_ MARI I.Y~ _ FRI ED:4AN 1_ HIS _ WT~F~: 100 - - ~ ~,~~~~,~~E~~i,~~~~~•~Q~,~o--Thousand_Th~ee_Hundred _Eifty_.Dollars--& - - ~,~,i.~.:~it~. <<?~;,•~F~,•~..~~ci~ •crun f~um ~latr at th~• ratr uf trn n•rut, annum unlil maluril Lutl~ ?rin~•i ?al ~nd int~•r.•.i briu ~~a ~abi~• in Irwful ~nuur • uf ; ~ i ti t?~• F > ~ ~ r, > i'' tl~r l~nitrJ ~tatr, at :.".'.•~1 I{i.raync Iil~d., \liami, 1'~lurida, o~ al ruch utl~~r placc a, thr huldcra'iic~cuf n?~y dc•i~natc in w~ilinK. I' ~i,: ~pal aiul iutr~r.t ~?ayablr in in:lallm~•nts :tx (ulluwr: 41 I " Fift Five ~ y- ($SS.00) Dollars per month, beginning on the 15th day of '•~June, 1971 and continuing on the 15th day of each and every month thereafter until paid in full. • i; - Th~s note may be prepa~d ~n w•hole or ~n part after une yeat from the dale hereof upon payment o~ a penalry equ~valent + ;u tivt pecctnt of the ptinc~pal sum prepaid. F.art? iu~~JII{U~'l1I `1d~'llll•~t •hall be creditcd iir+t on the inte~est dur, and the remainder on principal; anJ interr.t shali t6crr- y uE~uu rra~r upuu lhr ~~rinciF~al .o crcdilyd. s 'I~hr n~alern and ~•nd~c~:•n uf tl~is nutr (urtl~rr a~rcr to ~+aivr di-mand, notice uf nun-F~ayment and prut~.t, and in lhe event xu't j' ~h~ll br bn?u;;ht Eor thr rullrctiun hcreuf, or the samc l~as to be cullected upun demand o[ an attomey~ to pay rezwnable attome K - i,•r, ur u~r{~iuo .urt~ cullrction. I)~Ir~rrd p~ymcnt~ hcrcundrr shall be~r interrst at thc rate of tcn percent pcr annum from maturity until paid• l~his not~ i• ~erurcd l?y a mortga~e o! even date herewith and is to be con~trued and enforced accwding to the (aws of tAe ~ ? ~tatr ol Elorida; upon default in the p~~•ment of principal andlor inteccst when due, lhe whole sum of principal and inte~est n~~i~rinirsg unp~id .t~all, at lhe option of the holder6, become immedi.?tely aue and payable. I . ^ ! ~~:1-~; " (SEAL) i ~ ~ _ ~ ~~'C_ ~ ~E:AL) . ( ~ i'; rp.re~! by ~pxler S Tertdnch, Attorneys - 2240 Kiceay~e Ff1vd., ~tiami, Flori a ? artd ~hall perfotm, comply w~th and abiAe by each and e~ery the stipulations, agreements, conditions and cove- nants of said promissory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. 1. The INortga~or hereby covenants and agrees: c (a) To par •U and sm~ulu Ne prmc~pal snd mteresi and other sums of monay payablc ~y v~rwe of sa~d prom~ssory note snd th~s deed, ot e~ther, ptospUy m tht daYs respecuvely the same severally hecomes duc_ lD) To permit, co~ait a su[fer no rr~ste ~nd to ma~nuin the ~mprovements at all t~a~e~ ~n a state of ~ood reps~r and cond~t~o~, and to do pr permit to be dooe to s~~d ptem~ses noth~~s that v~l{ ¦Iter or chanse tht use and cbaracter ot sa~d p~opertY ot m any +ay ?mpa~r a veaken the secunty of this mwiq~e. And in case of thc rclusal, neslec~ ~r inabil~ty ot the Mort~~jor to repair and maintam sud proper- ' ty, tAe Ilortp~ee maY. at his opuon, mate such repat~s or cauae the same to Ee made, ~nd sdvance mooeys ~n that behalf._ (c1 To p~y ~11 and s~n~ulu tht ta:es, •ssessments, te.~es, l~ab~Gt~cs, and obli~atlon~ of cvery naturt on said descnbed property each ; and e~ety ~rAen due ~nd pay~ble accad~n~ to lav, befae they became del~nqueat, ~nd to deliver to t~e Mort~a~ee on or betore March ! 15tA o( e~th year taa receipts ev~deacin~ the payment ot all lawfuily ~mposed t~xes fo~ thc preced~ns c~leadat year; to ~ndemn~fy tAe t IiAartp~te upon his demand for •11 tazes, ~ssessmcnts snd chrrses tha! msy be assessed upon th~s mort~a~e on tht indebtedneas s~- i cured hereby, and pa~d br tAe m~ts~~ee, w•~thout ~eRard ~u any ta~• heretofore enacted or he~eafter to be enacted ~mposm~ payment o: ~ the ~Aole or any ~art thereof upon the Mort~a~ee. _ s (d) To pay •11 and a~n~ular the cosu, char~es and e,epenses, mclud~n~ laryers' fees ~nd abstnct costs reasonably incurred cx pa~d ae ~ any ume by the Mortp~ee becsuse of the f~ilure oo the psr~ o( the Mcxega6or to pe~form. comply w~th and ab~de by each aod e~ery [he ~ eupulat~ons, a~reemen~s, cond~uons •nd covenants o( s~~d ~om~ssory note and th~s deed, or e~thet, and every such~payment shall bear C ~nterest fro+a date ~t tAe rate of ten UO`Ll per centum ~+er annum. . g (e) 1t is fur~htr coven~nted aad a~eed by said p~rt~es ihat ~n the e~en~ ot a swt be~ns inst~tuted to (aeclose th~s mort~ase, the lla~- ~ sa{ee sA~ll ~e ent~tled to apply at any t~me pe~din~ sucR fore.losure cu~t to Ne court havm~ ~ur~sd~ct~on thereo( for the sppo~ntmem ~ o( a rece~rer ot all and sin~ular the mortta~ed property, and o( a11 ronts, ~ncomes, profits, ~ssues and reveeues thereof, from Whatsoe~er ~ source denred; ~nd [hereupon ~t ~s herebY eapressty co•enanted and a~reed th~t t1~e Caurt shall torthv~th appo~ni such rece~ver ruh ~ tAe wu~l povets and duues ot receirers in like uses; and s~~d appo~ntment shall be aude by the court as • m~uer of strict n~ht to ~ ehe Mortsa~et, and rithout re(erence to the adeqwc~ or ~nadeqwcY ot thc value of the ptoperty hereby matp~ed, or to the sohency ~ or msolveney ot the Mwtp~as ot any other part} de(endant to sucA ,u~t. The ~lort~asor hercby spec~ficallY waives tlie n~ht ro ob~ect to the appomtmeat o( • rceeiver as storesa~d and hercby eapressty ccx~9enu tha~ such appointmen[ sh~ll be made as an adm~ued equ~ty ~ and as ~ satter ot absolute n~ht to the Ma~~a~ee and tA~t the same may be done r~tAout not~ce to the Mort~a~or. a y (f) If (oreclosurt proceed~np should be inahtuled as~mst the property cmered by th~s mor~p~e upon any other I~en or cl~im whctAer ^ •Itesed to be super~or or ~un~or to che I~en ot th~s mori~~~c, thc Mort~a~ee may at A~s opUOn umiedutety upon msptution of suc~ su~t - or dw~n~ tAe pendency thereof declare th~s mortsa{c •nd the ~ndcbtcdrtecc secured hereby due and payable (wth~~th and mav ar ~t~ op~ion proceed ~o (oreclose th~s mort~a~e. (v TT?~t t6e Matp~or ~r~ll ktep all re~1 •nd personal pruperty nor or hertaR~r encumbued by the lien ot th~s mortsa~e ~nsured as m~> bt required (ran t~mt to time by the lMort~a~ee a~~~ns[ loss by tue, w:nJstexm and other hazatds, c~swlnes and conun~enc~es [or such _ ptriads and [or not less tban sueh amounts •s maY be reQuued by ihe Mo~t~s~ee ~~d to p~y promptly when due all prem~ums t« such - ~nsurance. The ~moueta of iosurance reqwred by the Mort~a~ee sh~ll be the mmimwn •muunts fex vA~cA sa~d ~nsur~nce shaif be ~ntten ~ad n sA~ll be wcuabent upan the Morts~tot to munt~m such addiuua~l insur~nce a~ may be necessary to meet •nd comply (ully r~th •ll co-~n~ur~nce requ~rements conta~ned ~n asid pohc~es to tlie eod that the sa~d lNat~a~a u not a co•~nsuror thereunder.lnsurance ; shal) De rntten by ~ co~pany a c~apaaus ¦pproved or desi{nated by the Murtta~ee aod sll pol~cies and roneW~Is thereo( sh~ll At hcld ~ by tht Mortp~ee. All dt4~led des~{n~uoes by the Nor~p~w rhicA •re accepted by the ~lort~a~ee •nd all asreements ~e~~cen Mo~t~a~or t - and A/ort~a{se relatm~ 10 ~n~ur~nce, no~ ea~suns a Aereafter made, ~h~{i be in rn~~n~ ~nd ~h~ll De ~ p~rt o( this mat~~~e sjreemcm 3 u(ullr +s tAou=h set forth verb~t~m herem ~nd shsll ~uvern both pa~aes here~o aad tAe~~ successors and assi{ns. No I~en upon ~ny uf sn s~id polic~es d msurance a upan any r~(und a return prem~um vh~ch mar be p~yable on the c~neellahon a termmauon theron(, .Mll be ~~vsn to otber ehaa the Mort~a~ee. tacept by prope~ endorsemen~ sfliaed to sucA policy and ~pprored by ~1ore~~~ee. Fach pol~c~ ol ~ ~n~Yr~nce ~1?all hsve •(fixed tberc~o • 5t~ad~rd Ne~ York Mw<<~tee Clause +ithout Contn~u«on, makin~ •fl loas or lo~ses under ~~ch ~ vo~~~r wr.e~~ to tht Mottp{te as ~u ~oterest ~ay ~ppear. In Ue event ~ny a.w., or ~~~r ee~~ pay~ble thercundcr tAe 11ori- - ~a~ee shall h~ve tAe opuan to recei~e snd •p01Y of t6e ?ndeEtedness Aereby aecured, a to perm~t the ~br~~ap~~r ~o rcce~re •od we ~t. a¦ny p~r~ tAereo(, ~rithout Uereby ruv~n~ a~mpa~na~ ~nr equ~lY. hen, or n~h~ undrr and hy vptue of th~. matp~e. In eren~ of Iws or pNync~l d~ma~e to the iwort~~aed proper~y the Mwt~~aa sh~ll ~~ve immedn~e nou.e therco( c~~ ^~a:i t,• Ihe Mort~~{ee and the lilort~~~ee ~eaY ~ke prao( o( los~ if the vm~ ~c no~ madc promptlY ~Y the Nurt~a~a. In e,cn~ 01 lu~e~l.~.ure „t . t . ~ . ~ ' ~ ~ ~ aonK 19 . 284~ _1 ~ G - - ~ Y , . . . - . . _ .ti. . ,