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Home My WebLink About2482 PRU`'IDt~.I~. \LIAAYS, that ~f the ~1~rtgu~or .h~li pay unu~ ~hr ~tiott~ogze ~hr ~ndtbttdness rviJtncad by a retta~n prumi~.ut~ nute ~~f whi~h the foll~~w~ng ~n wucJs anJ h~ures ~s a tiu~ copy to-N~t ~ ~ ~~a~~r~e , = 1,625.00 Fort Pierce ~ , Fto~da _ June 22, 72 ~ ! ~OR YALUE RECEIYED I t to the o~d« o( HERI~tAN A, RUSSIAN promi~e tu par ; the pnncipa) sum o[_One Thn~tc~r+ri e; undr~ Twentv-fi v and n9 . togethe~ with intcrcst { thereoo iwm dste at lhe ~ate ot ten percent, pe~ an~um until matu~q, both princ~pal and interest being payable in law~ul money ut the Un~ted 5tatc' at 22~1 Biacayne Blyd., htiami, Florids, ot at such othe~ place as the holders hereof may des~gnate in writin`. ~nncipal and intereal pay~We in in~lallments u[oltows: ~ ~ ~ ~ Fort 40.00 y($ ) Dollars per month, beginning on the 15th day of August, 1972, and continuing on the lSth day of each and every month thereafter until paid in full ~ This note may be prepaid in whole oc in a Datt fter one yeu from the date hereof upon p~yment of a peRalty equivalent ~o f~ve percent of the pr~ncipal sum prepaid. Each in~tallment payment ahal) be credited C~st on the intereat due, and the remainde~ oo principal; and intrrr.t ~hall hre~r- upon cease upun the principa~ so credited. The miken and ~ndorbers of this note further agree to w~ire demand, notice of non•payment and protest, and in thr eve ~uit ~iiall be brought for the collection hereof, or the same hu to be colltcted upon demand oi an attorney. to pay reason~ble att ey'R frr. (or makin6 such edlection. ~ D~fened payme~ts hereunde~ sha11 beu interest at the ~ate of tea perceot pet annum fmm maturity unti! paid. 7'hi+ note is xcured by a mortga~e of even date herewith and is to be con~trued and en[orced according to the laws ot the ' ~tate of Floridr upon ckfault in the payment of pnncipd andlo~ intcrest when due, the whde sum of p~ncipal and intectst rrmainin~ unpaid shall, at tht option of the holdees~ become immed'utely due and payabk. / ~ f~!' ~ i i~j ~<<; i~~ ~ 2~~SEAL) , / (SEAL) aaJ ,hall perform, comply with and abide by each and every the stipulations, agreements, conditions and cove- narits ~~f. said prumissor~• note and of this deed, then this deed and the estate thereby created shall cease and be null and ~•oid. . 1. The ~k~rtgagor hereby covenants and agrees: ial To pey all and smaulu the p~nnpal snd ~nterest and other sums ot money payable by virWe of said prom~ssory note and th~s decJ, ix erther, promptly on the days respecuvely the same severally becomes due. (bl To perm~t, c~rt~m~t or suffer no ~~aste and to mamu~n the ~mprovements at all t~mes m a slate o( ~ood repau and condUion, and to do ~x pcrm~t to !+e done to sa~d prom~ses nothina that ~v~lt alter or chanse the use and charactu ot s~~d properry or in any way ~mpa~r or r•eaken the secunty of th~c mortp~e. And ~n case o( the rctusal, ne6lect or ~nab~l~ty oi tho Mwt6asor to repair and maiets~n sa?d proper- ty, ~hr ~t«t`aEee may, at h~s opt~oe, make such repaus a cause the same to be made, and advance moneys in thst behslf. 1~) To pay all and ~meular tht taaes, assessments. Icvus, hab~{~ties, and obl~sahons ot every rtature on sa~d desct~bed property cach and rvery when due and pay~blt accwdrre~ to law, be(ore they become dNinQuent, and to delrver to the Mort~a~ee on or before March 15th of each year [aa reeeipts ev~denc~n6 the paymtnt o[ all lawfully ~mposed taxes tor the preced~ng calenda~ year- to ~ndemmfy the Afat6aEee up.~n h~. demand for all taRes, acSescments am1 charaes tAat may be assessed upon this mortsa~e on the'indeDtedness s?_ :urcd horcb), aaJ pa~d by the mo~ea~a«, Frthout rcgard to any I:w 6trcto[ort eoacted or hereafter to be enacted ~mposin~ ~ayment o: th~ whole ~x •m~ ~art thereof upon the \forl6aaee_ Id) To pa> all and cmRulat the cost~, chu6es and e~pence~, mcludmg lawyers' fees and abstnct costs reasonably mcurred or pa~d at rn~ ume M thr !lt.KtRa~tee Aecause oC the fa~lurt on th~ part of the NwtEa6ot to perform, coanply rr~th ~nd ab~de by each and every the supu!~u~m., aEreemrnts, cond~t~ons and corenants o( said prom~ssory note and th~s deed, or e~ther, and every sucKpayment shall btar ~ntcrr.t frum date at tht nte of trn l10'b) per centum per annum. , Ic1 It iurthrr covenanted and a~rted by sa~d part~es that in the e~rm of a su~1 bt~na mst~tWed ~o foreclose th~s mortsast, the Mort- gagee .h~l1 he erttnled to applr a~ any timt pendina such faecloswe su~t to the court havins junsd~ct~m theteof for the ~ppomtment nt r rcce~~er .i( all and sin6ular the ~t6ased pioperty, and of all rents, ~ncomes, pro(~ts, ~ssues and tevenuts the~eof, [~om yuhatsotver sourcr dcr~~ed. and thereupon ~t ~s herrby espressly covenanted atui asreed that the Court shalt fwthvitR appom~ such reccivu with thr u.u.1 puwrrc .nd duhes uf rece~aers ~n tike casec; and sa~d appointment sh~ll be made by the court as a matter ot strict n6ht to thr McKi6agce, and r~thoW rcterenc~ tu the adeqwc~ or madeqwcy o( tht value of the property hereby mort~ased, or to the solvency or m.ol~enc> of ~he tlort6agors ~x any other party Jrfendant to sueh su~t. The Mort~aaw hereb~ specJically waives the nsht to oA~ect w the +ppoin~ment uf a rece~ver as a(cxesa~d and hereby expressly consents that such appomtment shall. be made as an adm~tted equ~ty and e. r mattc: of absolute ri6ht to the ylortaaaee and that tht sa~oe msy bt done w~thout notice to tBe ~fort~asor. If t ~f iore.l~.~urc pnKCeJ~n6s should be mstituted against the property co~ered by th~s mortgage upon any other i~en or ciaim svhether ailegcd to be wupenvr or ~un~or to the Gert ot this mwtsaar, the Mw~aaaee may at hic ophon ~mmedutely upon matiwt~on o( such suit ~x dur~n6 t~~ pendency thereof declare th~s mortga6e and tht ~ndebtodness secured hereby due snE payable tor~hw~th and may at i~s up~i.~n proceeJ ta toreclose this mortga6e. Igl That th~ ~lottgaEor w~~ll keep all real and persooal property now~ ot hereafter encumbered by tht I~crt of th~s mortease ~nsured as may be reyutrrd from um~ to Ume by the Alorttagec aaamct loss by tire, r~~nds~am and other hazards, caswlUes and conUn6enc~es tur su~h peno.lc ~n.1 tor not Itss than such amounes as may be ~equued by the Nortp~ee and to pay prompUy rhen due all premiums for such ~n.urancr. The amounts of msuranct tequued by tAe Nort6aaee shall be the min~mum amounts fur yh~ch said ensuranct sh~U be Mntten and u~hall I+e ~ncumbent upon the Mort6asor to ma~ntain such add~uunal msurance a+ may be necessaty to meet and comply fully ~~th eR :wn.urancr requuements conta~ned in said pol~cus to the eod that ~he sa~d lNort`a6or ~s not a co-~nsutor thertunder.(nsurance .hrll br ~ntten Ay ~ company or compan~es approred w des~snsted by the Mort~aete snd ~p pohc~es and rcne~rals thereof shall be held M thr \tuitgagcr. All detatled des~6nat~ons by the Mort`aeor wh~ch are accepted by Ihe Alortga6ee and all aareements betwetn MoctpEor ~nd MaiE~get relahn~ to msurance, now ex~sun6 or he~eafter madc, shall be in wrihn~ ~nd shall be a p~rt of thia mort6a~e asreement •c ful!> ati thou6h set (or~h vorbat~m huem and shall ~overn both parues hereto and theu successors and ass~~ns. No hen upon any nt sa~d po!ic~c~ of ~nsurrnce .x upan any re(und or retum prem~um whicn may be payable on the cancellat~on or terminauon thereof, shall br 6~~en co uth~r than ~he Mort6a6te, except by proper endorsement affi:ed to such pol~cy and appoved by Mo~1`a~te. Eath pol~cy ni incwance shail ha~e a(f~aed ihereto a Standard New Yotk Mort~a{ee Clause w~thout Contnbuuon, makm~ aI1 loss or losses under ~uch M,hc~ payabl~ to the Slcxtqsec as ~(s ~nterest may appear. In the event any sum or swns o( money become payable thereunder thc ~1ort- K.+grc .hall havc ~hc opoon to recc~ve and apply the same on ucount o( the indebtedness hereby ~ecured, or co perm~[ c~e ~1orc~~~or tn ~«nvr and uxo u, or any part thereo(, w~thout thereby ~a~~~n6 a~mpa~nn` any equ~ty, I~en, or nsht under and hy virtuc ot th~. m~Kt6~6e. In ev^m of loss m physical damase ±o the mortsa6ed property the Mortsagor shall g~r~ ~mmedwte nol~ce tAereof by t~~ thc \Icxt~aEcr .end thc ~IortEaEee m~y make pro~~f nf los. i( ~hc same is not mad~ prum!~tly S~~ tF~ie ~lortgada. In event ot twe~l.~~ure o( $o~K~~ ~~R~ x ; - ~ ~ ~ ~ , ~ . ~ ~ ~ > ~ ~ e _ .