The URL can be used to link to this page

Home My WebLink About1565 •'^"„~(p Y TNa r 3 • ~ , ~~+'Y?. • nI l'i ~~l ~ fr . 1 ~ PRll~ll)I~.h. ~~LV?AYS. tha~ if ~hz \lurtgago~ .ti~ll pa> unt~~ ~h~ ~k?rtgagr~ th~ ~ndebt~dnrs~ rviJe~crd b~~ a rtrlain ptumi.wn nutr ~•j Mh~ch ih~ f~~il~,~~ng ~n Nurd~ and figurc~ true cupy tu-Nil ?~le~a~e ~Zete R = 2~725.00 Fort Pierce, F~a;d, August 12, 72 ~ FOR VALUE RECEIVED W~, i ointly and severGlly, promi~ cu psY to ths o~der o( Dora Rol l in ~ the principal ~um otTWO Thousand Seven Hun re Twentv- lve an . , togethe~ with ieterrst ~ thrreon irom date at the ~ate oI ten petcent, pe~ annum untit matucity, both principd and inte~est ~einR payable in law(ul money u( the United States at 2241 Biscayne Blvd., Atiami, Flo~da, or at wch other place u the holders hereo( may d~ignate in writin6. ' P~incipal and intere~t payable in in~WlmeoU a~ iollowt: Forty-five ($45.00) Dollars per month, ~or thirty-five (35) consecutive months, on the 15th day of each and every month, beginning on the 15th day of October, 1972, and continuing until the 15th day of SepCember, 1975, at which time the balance shall become-due and payable. ~ i i This note may be prepaid in whole w in put aftet one yeat fcom the date heteof upon payment of a penalty equivalent eo f~ve perceat of th~ principal sum prepaid. Each in~tallment pavment ahall be crcdited firat on the intereat due, and the remainder on principal; aod intrrr~t ~hall tbrrr- upon cease upun the principal so credited. ~ The makers and ~ndorsers of thia note further agree to waive demand, notice oi non•payment and protest, and in thr event suit ~t~al{ be brought tor the collectio~ hereo[, or the eame has to be collected upon demand o[ an attorney~ t~ pay reuonable attomcy's [rr~ (or making such collcction. Defened payments hereunder ahall dear interest at the nte of ten pucent per annum fwm maturity until paid. 7~is note is recured by a nwrtpge of even date herewith and is to be con~trued and enforced aecording to the I~ws of the ~tate o( Florida; upon de[ault in the payment of priecipal andfo~ intereat whe~ due, the whole sum of principal and interest rrmaining unpaid shall. at the option of the holde~s. became immediately due and payable• ~ ~ ~ ? . / ~ ~ - : ,(SEAL) . ~ ~ 1.,~ • (SEAL) . ~r . L i= ' ' .i ~~~.1 ~h:~il pr~l~~tm, cumpl~ Nith and abide b~~ ~ach and ecer~~ the stipulaUons, agteements, conditions and cove- nsnt+ uf aaid prumissor~• note and ~~f this deed, then this deed and the estate thereb~~ created shall cease and be null :~nd r~?~d. 1. The \Iurtgag~~r hereby cu~~enants and agrees: i lal To Day all and ~:ngular the princ~pal and ~ntrrt.t and athet sums ot money pa~'ablr hy v~ttue a( sa=d prom~ssory eote anJ th~s dreJ, ur ei~her_ prompily on tFe daya rospect~~ely the .~mr seveully becomes due. I l~l To perm~t, iummu ur sufter n. waste a~d to ma~ntam ~hr ~mprorements at all times m a state oi Eoaf repeu and condiuon, and to j do nr prrmrt to nr done to sa~d prem~sec nothmg that M~11 alter or chanse the use and chancter o( sa~d propert>' ~r m any ~ay ~mpau or ~ wraken thc ~c.urir~ uf this m~xega6e. And m case of thr ufusal, ne6lect or ina~~l~ty of the \1ort6agor to repa~r and ma~ntam said proper- ~ t~, ~ht ~tatga~err mac, at h~s ophon, make such repa~rs or cause the samr to be made, and advance muneys m that behalf. ~ Icl To pay all ~nd s~ngular the taxrs, assessmrnt,, lev~es, l~ab~l~hes, an1 obl~gations of evary nawre on sa~d described property each ~nd e~erc +?hrn Jur and pa)able accurJ~na to law, hef.xe they becemr delinquent, and to del~vtr tu the \lortga6ee on cx before \farch ~Sth of cacn ytu ta~ rece~pts evidencmg tht pa>mcn~ of a11 IaMfully ~mposed taaes for the prccedinE calendar year, to indemndy the ~tatg~gee up.m h~. dcmand tor all taies, a.ses~mrnt~ rnd char6e+ that may be assesstd u~n th~s mortga6e on the indebtedness .u:cd hcrcb>. ~n1 pa~d by thr m~x[gagee, u~thuut ~c~e~rd to any law hcrctotae enacted or h~rcafter to be enacted ~mposmg ~ayment o: th~ uhuta ur :.nc ~art thrreuf upon thc ~1.~rt~eagee. I~i! i. pa} ai{ and .m~alar [hr ~ost.. .hargr. ~nS r~pen~e~, mclud~ng lau~er~' fre. and abstrac~ .o~t. reasonably incutred or pa~d at t~R;~ h~ ,nr Vorr~e~~ecc brceu~r of tht (a~lurc on ~hr part of thr \to:t~e.~gor to prrlorm, compiy +'~th and aA~de by rach and t~ety the .:~po:aei~~:~~, a~rcemrnt:_ cund~twn~ and covrnants of .a~d prumusor~ r.ote and th~c dtrd, a e~ther, an~ esery such~pa>ment shall bear :ntrrrs: trum Je~e a: ~hr rate ot trn 110"al prr centum pe~ annum. ~rl I: « turthrr covtnanted and agrteil h~ sa~d p~thex that in the e~rnt of e swt brin~ ~nsUtutrd to (urrctose th~s mottgage, the \1~xt- gagre .hall he enutlyd to apply at any t~me i+endmg such foreclosu~e su~t tu thr court havmg ~ur~sduuon thereot for the appo~ntment ~~i e eecri.cr ..t all and sinFular tAe mort~~ged p~operty, and oi all rent,, mcomes, prof~ts. ~ssues artd re.enues thercof, from ahat~oe.er .~~ur.c Srrncd, ~~d thrrcupon it ~s hereM• cxprc~.lr :o~rnantrd artd agretd that the Coutt shall forth~xrth appomt cuch re~eiver r~th !~1c~ J~:1dI pua~rr~ and Jut~es uf rrcenrr. ~n Gke ce.r~. and saiJ appo~mment >hall br medr by the ruurt as a matter of ~tnu ngM to thc \t~~r'grgrr, and •+~ihout relcrcncr t~~ thr adrquai> madryuac~ of thr ~alue uf the proprr+y hrrrby mo:tErgeJ, or to the sohen~y sn.~,l~rne> ~,f th; \t~•itgag~xs ~x rm othet p~~t~ drirndant to .uch su~t. The \lurtgagor hereb> +pccih~allr Mai~~s the nght to ob~ret ~u ~F.r .,ppo~ntrt:rnt u~ ~ rc~e~~rr a~ a(urcwid an1 her~b~' ~apte~sl>' :~x~sents that such appo~ntrt:ent .hall br made as an admit:ed equ~ty and e. ~ ma!t.r af ab.olutc nght t.. thr Stnrtga~er anJ fha~ the same may be done without nohce to the \lurtgagur. It ) I! ;~.~r~ b~wrc pr,KCComg~ .h~~ulJ bc in.tuutrd agam.t tht propert}• cu~rrcd by th~. mo:tgeqe upon any nthcr I~tn or :la~m whrthcr allcgc~ :o bc ~upenw or ~un~or tu the Gen of th~s m.xtgagr, thc Slortga6ee may at h3. opt~un immed~atcly upon ~n~t~tution of ~uch cu~t t~ ~x ~unng thr prndency therro( drelare th~; rr.ortgage anJ the ~ndebtednes. secured hereby due and ~.+>.~n~~ t~~~thu~th and may at i~, s; ~~pnor. pro.ccd p~ (Offl'IJSt IAIS mottgagt. ~ ~ Igl Tha~ thr \lortgagor M~II keep ail real and per,onr~ property nor or hereafter encumbered by thr :~rn uf :hi. moctgage in~ured as m~y ~ h~ rryu:rcd irr.rr: t~mr to time b~ the \turtgager aga~n~t losc by (~rc, w~nd~torm and oth:r hazards, ca~uritie+ and .unnngcncics [vr ~uch ~ ~xn~ric ,.nd trK ne,t Ies. then s~~ch amvunts as rt~e} he re~u~red b~ the ~tortgager and w pa} prump!I> when due all premiums fn~ such ~ ~n.u~,~ncr. 7hc am~~unta of insurancc rcquued by thr ~t~~rtgagee sh~ll be the m~mmum em~~unt. fur whi~h ,a~d in.ucance shall br ,?ntten .,r..S ~t .hall hr incumbrnt upon thc ~lortgag~.t to ma~nt~:n .u:h add~t~unal ~nsunnce a. ma)' he rtr.c~~arti to mret and iomply 1~Uy •with ~ .~li .~-~m•,•en:r reyu~rcmrnt~ cunteinrd ~n .~~5 ~o1~.3c~ tu the rnd thet tht .~:d ~IJSt~Cdg~K nnt r.u-in~urot thereundcr.lnsurance .hall `+c •.rntrn h~ a company or ~um,anic~ appro~cJ ur dr~~gnatcd by the Ncxtg~gte and ai1 poLc:es and renewal. thercof ~halt bt he1J ti1 ;h~• \Srnt~Crtrc•. ~II Jc[r~ltd Jc.~gnaUOn. Ay thc \lnrtgagor ~ah~ch arc accepted by thc \tortga6rr anJ rll rgrccmcnts be[•aten \tortgago~ rn1 \lortgng~c rctating tu ~nsurance, noti exist~nE ot hereatter madc, shal! be irs ~nT~n6 anJ .hall br a part ot this mortgagc agreemcnt a. fully e~ ~hou~ch .re icxth verbat+m herem and shall guvern bo~h parues hercto and their ~uc.«snr~ anJ ass~gm. No lien upun any uf ,a~d pni~cir~ in.ucrnce or upon rm rcfund o~ return prcm~um which may pa>aole on thc ~ancell'at~on or term~nat~on thereof, ~hstl ~ bc g~~en to uth;r thrn thc ~Ior~Rager, ra.ept by ptvpcr rndonemeot af(~aed to ~uch pol~c, rnd apprcved by ~tortgr6ee. Each pul~~y ~~t ~ ~n.u:encc sh~li ha~r affiacd thercto a Standard ticw York Mongagee Clause w~thnut Cont:~buuon, makins a!1 los~ or tos,r~ under ~u.h pol~cy payabl~ thc \1ort6aEee •s us ~ntcrest may appear. In the event any wm or sumc of moncy~ be~~~ne payeble ehrrcunder the 1A.rt- ~.,grc .h,,!! ha~~ thr opt~on to rcce~ve and apply the same un accuunt ~i the ~ndebtedness he:eby .e~u:ed, or to perm~t th~ \t~~rt~e~~e~~~ :c. rccc~vr rnd u.c it, or any p~rt theteut. NithuW [hercb> +ai~ing ~x :mp~inr~ any equ~ty, Itln, or nght undrr anS'+~ :ittuc o' thi~ m.K~gagc. In e~rnt o( los~ or physical d~mage to the m~~rtgeged propert~ the ~tortEaE~x shaN g~vc immrd~ate nou~e tAcrr•~i by ~-.,~1 t~~ the ~Ur.tE~grr .~riJ thr ~IurtFagec mry mrke pro„1 .a :t ?fir .amc n~t medr pr~~mptl~ h~ the \1~~rtg~g~x. In etrn2 t~~rc~i,,•urc nf ' ~ D~Uf1 ~114C ~~/W - y,x' ~ ; ~ ~ ` t ~c v" : _ _