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PRl1VIDEt1, ALN'AYS, that if 1he \lortgaaor shall pa~~ unto the ~lort=a~ee the indebted~ess ovidenced by a
cettain promisswy note~_~f which the follov?•in~ in wocds and fi~urec ic a ttue copy to-wit:
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t 4,Q00.00 _,Fort Pierce, F~a;d, May_13,.,,, t972__~.
FOR VAl.UE RECEIYED I promi~e to pay
to ehe ordcr or BENJAMIN GOLDMAN AND YVETrE G L N, .
the peincip~l wm ot Four Thou s and and no / 100 - - - - - - - - - - - - - - - - - - DOLLARS, to~ether with intereat
thereqn fwm date at the ate ot te~ pereent, pet annwn until maturitp, both principal and interat bei~ payabk in Iawlul money nt
the Lhited ~tata at 2244 Bi~cayne Blvd., Atiuni. Florida. or ~t wch other plaee u the holden hcreof may desi~ate ie writint.
Princi~l and intee~nt pay~ble in insWtn~ents r idbv~n: .
Sixty-£ive ($65.00) Dollars per month, for sixty (60) consecutive months,
on the lSth day of each and every month, beginning on the lSth day of July,
1972, and continuing until the 15th day of Ju1y, 1977, at which time the
balance shall become due and payable.
This note may be ptepaid in whole ot in pa~t aftet one yeu ftom the date heteot upon paytnent of • penalty equivalent
to five percent of the p~incipal sum prepaid.
Each installmeot paynient shall be creditcd fint on the interest dae. and the eemainder oa principal; and intemt s:ha! t6ere-
upon eease upun the principal w cndited. -
t The makers and endor~ees of tbis nots further aaree to waive demand, notice of non-payment and pwtest, and in thr. ev t~uit
~ll be brou~ht for the collection hereof, or the ame has to be eollected upon demand of an attocnep. to pay reaaonabk att 's
,lee~ for makin~ weh cdlectiom.
Dekn~ed paymsau heaunder ~hall be~r interat at tAe nte of tcn percent per innum irom nuturity until paid.
' Tha note i~ ~ecueed b~? • nart~e of evcn date hue~vith and 'u to be comtrued and e~foe~ad accocdin~ to the laws of the
State of Flarida; upon delwlt ie the y~aent of p~ncipd andlo~ intaat ~rhen due. the whok w~m o[ priecipal and intered
rcmainina unpaid ~hdl, at the optio~ o~~ ~ia~~+. ~~~+~a~.~y a~ .~a p,r~. ~ .
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(SEAL)
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ar~J ~hall p~rform, compty with and abide by esch and evsry 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 Mortgagor hereby covenants and agrees: f
(a) To WY all and s~nsulu the pr~nc~pat and interest and other suma ot monty psyable by virtue o( said promissory note and tAis ~
deed, or eitAer, promptly m the days respectirely the same severally becomes due.
(b) To permit, camit or sufter no ~raste and to maintain the ~mproremeats at all times in a state ot sood repair and conditioa, and to }
do or perm~t to be done to said prem~ses nothio6 that wrill alter or cAan~e the use and cdaract~r ot said ptopetty or in any ~ray impair ot ~
reaten the secur~ty of this aartp~e. And ~n caae of the refus~l, neslect or inability ot the Mort~aaor to repair and maintain ssid proper-
tY. ihe MortpEee may, st his opt~on, make such repairs a cause the same to be made, and advince mooeys in that behal(.
lc) To pay all and sinsular the taaes, sssesseents, levies, IiaEilities, and obliptions of eve~y nature on said described property each
and every .hen due and payable accordias to la~r, be(are tdey become deliaquent, aad to delirtr to t!u Yoryaaee oe or beta~e hluc6
iStA ot eac6 year ui receipts evidtncins the paymeet o( a11 la~rfully imposed taxes tor.the precedios e~letdu year; to inden?ni(y the
~~i+6ee upon his desand (a all taaes, assessments and char~es that may be asseased upon this ~ortia~e oe the indebtedneas s?-
curcd hercby, and ~+a~d by the mortsatee, ~~thout re6ard ~to ans laK he~etofort eaacted a hereafter to be enacted impos~nt paysent of
tAe whole or an> ~an thereot upan the Mixt6asee. s
(d) To pay all and sin~ulu the costs, char6es and expe~ses, includins la~ryers' fees and abstract costs ressonaply incurced ~x paid at ~
' aey ume by the Mor~6a~ee because ot the fa~lure on the part of the Ma[ga~or to pet[orm, comply vith and ab~do by esch and every the ~
st~putat~on~, a~rtements, cond~tions :nd corenanta oi said qomisswy note and this dced. a either. aad every such~payment shsll bear
mtcrest frum date at the nte ot ten 1104~) per centum pe~ annum. .
le) It ic further covenanted aod a~reed by said part~es that in the event ot a suit beir?a inatitWed to faeclose this mor~ate, the Alort- ~
`a~ee ~hall be entitled to a0ply at sny time pendint such foreciosure suit to the court havin~ jurisd'ection thereof fa ~he ~ppointment
of a receiver of alysnd sinjul~r the morts~sed property,-and o( all rents, ioeames. profits, issues ~ad reveaues thereot. hao vhatsoever
source derir~d; and thereupon it is hereby eapressly covenanted and s~reed that the Court ahatl to~thw~ith appoint such receiver v~th
~he usual po~rers and duUes of rcce~~ers ~n lite cascs; and said appomtmee! shall be nude by the cowt as a matter ot st~ict ri~At to
the Mixtas~ee, and r•ithout rcfercnce to tAe adeqwcy ot inadequacy ot the value ot the ptoperty hereby mortq~ed. or to the solvency
or insolv~ncy ot the Mor~~asas or any otl~er party de(en~iant to such suit. The Mortaa~a he~eby specificatly raivea the t~sht to ob~ect
to [he appomtment of a receiver ss atoresaed and hereby e:pressly conseats that such appomtment ahall be made as an admitted eqwry
and as a matter of absolute ri~A~ to 16e Mottpsee and thst t1~t same ssy bt done v~tAout notice to the Mortsasor.
lf) (oreclosure p?«eedinas should De inst~tutod assinst the properly covered by this morta,~e upon any other lien or claim rrhetAer
allesed to be supetior or junior to the l~ea d this morttase, the blottis~ee may at h~s opt~on immed~ately upon ~nstitution ot such ~u~t
or d~aie?~ the aerdeaey tLereot declare t6es eaortasae snd the iedebtedneas sec~red hereby due and payable lorihwith snd may ai its ~
opt~on proceed to foreclose th~s mat~a6e. i
lt1 That the 1Nortsa~ot rrill keep all real aad personal ptoperty now or heteatter encwnbered by the I~en ot this mortaa~e insured ss msy ~
be required [ran time to time by the Mott~a~ee apinst loss by tire. ~v~nds~arm srd ot6er hasards, caswlt~ss and contin~tencies tor such
ptr~ods ard ~w not Iesa thsn such ~so~nts as may be requrted by the Mort~a~ee and to pay prawptly r?•ben due sll preauwns fo~ such
~nswa~ce. The amawnts of in~urance required by tAe lNat~a~ee sAall be the miai~um aa+ounts for .hich said ins~uance shaH be ~r~lte~
and n shall be mcumbent upon the Mortsa6ar to mainqin such addit~onal iosurance as may be necessary to meet and comply tully vtA
all co-msurance reqvirements conta~ned ~n s~id pohcies to the eeW Uut the s~id Mar~6asor ~s'nW a co-msuror theteunder.lnsurance
shall be .r~tten by a compaay a caepaaies app~oved a desi~eated by the Morl~a~ee and all policies and rene~als thereof shall bt hetd
AY tAe lfo~tsa6ee. Atl detailed des~~nations by ehe Mori`aaa wh~ch are accepted by the Mortja~ee and all a~reements between hlort~a~w
and Mat~asee relat~n~ to insur~nce, nmr existin~ or hereafter made~ shall be in w~ritin~ and shall be a part d this mat~a~t asreement
as fu11Y as tAou6h set t«th verbat~m he~ein and slull ~overn both parties hereto and tbEir successors and assi~ns. No lien opon any o/
' said policies ot insurance w upon any rcfund or return premiuen ~hich euy be payaWe on the c~pcellation a tenam~t~on thereof, shsll
be ~~ven to other than the Mort~aaee, e:cept by proper endo~se~ant •f(iaed to such policy and~i~ored ?r ~1ort~a~te, Each pol~cy M
~nsurance ahall hsve affiaed thcreto a Standud New Yotk iMorta~see Ctause v~Nout Conv~butian, ~s~ci~ ~I) loss o~ losses undsr ~ucA
vol~cy paysble to the Mortaa~ee as its ~n~erest may apOe~r. lo the event any sum oi swss ot moner becaoe pay~ble tAereunder tAe ~tort-
Rasec shall have tAe opuoe to receive and •pply the same on sccount of the indebtedness Aereby secured, or to perm~t the ~lortdsEor
to rece~vc and use ~t, or •ny part Merwf, vitAout thereby waiv~n~ or ee~pa~ne~ a~y equity, lien, or rijht under and by v~nue of th~~
mort~a~e. In erenl of loss a physical damase to the mort~aaed property the Mortsa~or s6a11 sive ~mmed~rit not~ce thereof by rrail to
thc NatEa6ee arn1 the !?brt~a~ee may make provt of los. d the same ~s not made promptl) by the !11o[t~a6or. In even[ of to~e~io~ure of
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