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Home My WebLink About2462 °IT'ti' i" a~ ~ , r ! ~ , . ~ - - - PROVIDEt1, ALWAYS. that if the Ma~s~~a ahall psy uota the !~brt~t~aee the indebtedness evidencad by a ce~uin promissary aqte.~.._of which the followins in words and fi~ures is t uue copy tawit: s 5,225.00 Fort P erce, Mav 18,, 1972 FOR VALUE RECEIVED I ~o ~r to ehe wde~ ot A~MA D- I~C ~,I~BERG 1 ~ °w~ f~qif Af~'1~f~ C~....~~1..~ rifl? iw r the princ~pal wm ol~ive fihous~tna T~va ~t3ii~r~c~ Tw~.«y-~ . d :_e= ---i- µ ~hrr~on datc at the nte oi teA pe~rset, per an~utn unti! maturiiy, boti~ pdneipd and intenst beins pay~bk in lawful money ut tiu Uni Stata ai 22~ ~~~tne Bkd„ Misrrti, Florid~. o~ st aueh other place as the holders hcreot may dai~ate in writin6. Prir~ci and inter+nt pay~We ia imWln~enu a~ iollo~+s: One Hundred Twenty-five {$125.00) Dollars per month, beginning on the 15th day of July, ~972, and continuing on the 15th day of each and every month thereafter until paid in full This note may be prepaid in whole or in part altcr ona yeu fcom the date heceof upon paya~ent ot a penalty aquivalent io five percent of the principal sum prep~id. Each insatlmeoe payni~nc .hall be ~Kd+~ea (inc on ~l,e inteetiac due, and the amainder ~n pcincipal; and inten~t rhatl thrtr upon ee~e upon the princi~ so credited. The makers and endonen oi tha note turther a~ee to vraive demand, ~otie~ of non-p~yment and pwtat, and in inr. eve~i wii - +haU be brou6ht [or the edlection hereo[. o~ the same has to be collceted upan dem~nd oi aa attorney, to ~ap reasonabk attoeney's tcrs Eor making such cdlection. . Defeered payments hereunder shdl beu interest at the ate of ten percent per annum E~orn maturitp unW paid. 7'his note i~ acured 6y a na~e of cvM date herewith and is to be eonstrued ~nd enfoe~ced accordin` to the la~rs o[ the .?tate of Florida; upon delault in the payment of prineipal and/a interest whee due. the Mleok w~m d priacipal and int~nc~t ~~n~inin~ unpaid shdl. at tl~e optian of the hofdcn, become inunediatdy due and p~yable. . l" ~~~~2'~C1~ ~Ct'C? (S~/?L) . - (SF.AL) and shall per(orm, comply with and abide by each and every the stipulations. a~reements. conditions and cove- nants of said promissory note and of this deed, then this deed and Me estate thereby craated shall cease and be null and void. • 1. The Mortgaaor horeby covenants and asrees: (a) To paY all and sinsulu tAe pincipal aad iaterest aod otAer s~m+ dt ~wney p~rible by virtae e( said proaissory note aad this decd, or eitAer, a~~iy oo a+e aay: r~sv~a~~~~r u+~ s.,.~ so~e~.ttr e~~~: a.~. (b) To oersit, cos~it or sYtte~ oo ~raate snd to maiataia the i~ptoviceents at all tiae~ in s state of ~ood repsir ~ud conditioo. and to do or pec~it to be dor+e to said pe~ises nothio~ thit ~ill alter or chan~e me use and eA~racter ot said propetty or ie anr way i~pair or .ea4ea tbs secwitY o( thia sert~e. Aud in case ot tAt retus~l. ~e~lcet ot iaability d t6e Mat~asor to teair aad ~ai~taia said proper- ty, the Ila~tp~ce msy. at hia option. m~ke such repairs or cause tbe sa~se ~o be ssde. aed ~d~~nce soaeys is that MM~I(. (c) To par a11 aad sin~ulv 16e ta:es, sssesssents, ieries, ~isD3litirs. sad oAlisations of erery natwe aa aaid deuriAed p~operty each and ererr rAen due aud psrable sccordia~ to la~, befae t6ey beeose daliaqoeat, ~N to ieli~et tb t1~t Mortia{ee a1 er betae WrcA 15tA o( eacs rear tsa receipts e~ideneia~ tYe Paymenc ot ~Il larrt~lly i~posed qsea for.i6e p~eeadie~ caleMar reu: W indesoity tAe Mortsa~ee upon his de~aad for all ta:es, ~ssess+aeets and cAar~ts thsi msy be ~susscd apon d~is rort~aa au tbe i~debtedness s•- cured heceby, and paid by tbe ~atas~ee, ~riMout resatd to any la~ betetof~e cnactd or hereafter to Ss aueted i~posia~ p~y~ent ot the wAole or aoy ~art tbereof upoe tAe Mort~s~ee. (d) To pay all and sin~~lu tAe costs, cA~r~es a~d expcnses. ieeludin~ ts~rers' fees and abstratt tosta reatons?ly iAenned nr p~id at sny ti~sc h~ the Mortqsee becsuse of ~he tailure oo the p~rt ot tAe Atartqsor to pertaw. cosOlr vitl~ a~d ~bide by e~ch 1~od evsryr the scipulat~ons~ asreesen~s. coaditions snd cores~nb d s~id pro~isaay aote aed 1Ais deed. or ~it6e~, aud eretT aec6"~y~eat s6st1 beu ~nterest fias date at the rate of teo (IO'6) per cent~ per anw~. . , le) It is turthe~ eo~en~nted aod asreed by saiA partie3 t6at in tAe e~eat of a suit beiiy iastituted to tareclose d~is ea~tq~a, We Mort- qsee sbalt be eetitkd to apply at au~r time pendir~ suc6 foreclosure srit to tbe cavt havin~ j~risdictioa tbeted ta the a~oiat~eet or ~ ~e«~~~r ot ~n ~ua .~.~~u ~s~ .«~s.saa v~or~nr. aad of ~11 reab. iacosss. ~~u~ iswca aai n~cews t~usd. ho~ ~Aatsoevcr . source derired; and there~pon it is hereay eapteaslr coreeanted aad s=teed 16at tLe Caut sball tathvritY ~Noiat sdch rsceiver ~rith the uswl parers and duties ot receivera in like c~ses; aad aaid sppoiatseet sAall be wde by mE court u s eatter ot striet ri~At to the Morts~~ee. u~d ~rithout rete~ence to the sdequacr or iuadeqn~cy of tbe ~alue of tbe ptopertr Aereby +~ottp~ed. a to tAe solrency or insolvency of We Mortsasara a sny other party deteedant to such suit, TAe Ilortp~or Aereby aoeeitieally ~ai•es We ri~M to object to t6e sppointaea~ of a teceiver as afotesaid aod bereby eiptessly conxab thst sych appoiat4em skall be ~ade as an ~d~itted equ~ty and ~s a snter ot ~baolute ri~1?t to dte Mortp~se aad tAat tAe sa~e mar be daae ~ritkoat notice te tbe Mott~asa. • • - If foreclosure pcoceedinsa sdould be iastituted s~aiast the property corered by this ~wip~e uaon aar od~er lien ot elaia rhetAer alle~ed to be syperia ar jwior to e6e liea of this aortp~e. n~e ~~asee s.r at b;s o~~o~a ~..eau~~~r ~on ~:e;a~~an or s~cn a dmia~ tAe pendteey tYeree[ declare tl+is mort~~se and the indebtedacss sec~red hetebY d~e and p~yable tortb~ith and mar a~ its option proceed to foreclose tais ~tp~e. T6at t6e Mort~or ~i11 teep all reat u~d persoaal prooertr oow or hereaftet eacue~bered by t6e liee of this soryqe insured ss iery be reQuired froe tise to tiae by tAe lyorya~te apinst loss br fire. riedstoA sad otber hasards, caswlties aed coatw~encies tot sucl~ periods and fa wot kss tAan s~rcY ~~ants u~ar be rey~ited ?y tLe ~Iori~q sad to p~r ~owotlY +~des dre atl pre~iras [ar suc6 ~nsYrance. T6e a~ornt~ of iaarnsce reqri~ar 8y tie ?layssse abyll be tws sieia~s a~ouots fot fAich said insw~ect shall be wn:tsn and it s6a11 be incusAent e~oe We 1~lortp~or to ~aintain such additim~l ies~raace .s e.r ee n«e::.~y w.Ke~ ..a ~oa,piy t~ur w~th a{I co-iwur~wee reqai~eeeats contained ia aai~ policies to We eM tha~ tl~e said Mat~asot is eot ~ ce-iws~erer durswdsr.Ms~aaeoe shalt be wntten by a co~paAr a co~seies qprored or desijnated br die Matptee ~ad ~ll pelicies and rsae~als thsted sMl! be 6eld , by ~he Ma~p~ee. AII detsiled desi~wtia~s by tAe Mort~~~or vhich ue ~ccePted br tYe IAortp~ee aed sll a{ree~ssis rst~eee Mort~~or aod Mortp~ee relatinR to ieaur~xce. eo~ eiiatin~ ot AetasRa sade. sbsll bs is ~ritins ~sd a~a!! ~s a pan of this ~t~~e ~recoent as fullr as tboush set to~th ~erb~tis husin ~ad shall ~oveta ~Wb ~rties hereto aed their soecessocs aad issi~as. Nolitn ~pa~ any ot s~id policies o( iesurancs or ~oa uy retund or retwa p~sminm ~rhiti~ M~ re oaysble oo tMe c~oeell~tioa a ter~isatioe thereof, shill be ~ivea to otAer ~han tAe Ma~a~ee, eseept br oroPcr endorssotat alt'ued W~aeh policy and spprored er ldott~a~te. Each policy ot ' iosur~nce shall hsre a(fiied thereto ~ Standrd Ne~ T~rt Metq~ise CLa~e ~itYont Cmtributioo. pkiu~ ~11 losa or losses w~der such ; policY paY~ble io ibe AlatNite ~s its iotereat aay a//ear. Is ~he e~sat s~p s~ or swp of ~oner beco~e pr~bis ~hereunder rhe Mort- p~ee shsH have the oPtioe to receire and •oply t6e ssoe ou accant of t4e ieLebtedness 6e~eby s crr •Qt~Q~e1~i~ tbe 1AortpEa ! to receive and ~se it, or aer patt IAereof. ~ithoYt tAere6Y ~aiv~aa a i~irin~ aar eqtiitr. liea.'~I~iMei'aWl by virtre ot ih~s oatp~e. In event of loas a phrsical daease to the ~oort~a~ed po/~erty tht Mort~asar sh~l ~ir~ j~rrediaee notice thertot by inae! tn ~ the Ma~ssaee ~od the f~fortpsee w~y mske proo( of loss if the ssa~e is not made ptomptlr y the INort{a at. I e n of totec • a ~ ~ . ~ ~ - - - K µ = - - - ~-i:";~°:.i _