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Home My WebLink About1956 pbs~ct & T'itle Corp. o~ Ebtids , PROVIDNII, ,~LN'AYS, that if the ~lurtgagar shall pay unt~~ the \bttgagre the indebtedness ev~dcnced by a t ~ certain prwn~~so~y note ~~f which the fall~w~ng in wurds and fi~ures is a true ropy to-v?it: .i ~ , t~,475.00 ~ Fort ierce, September 16, ~q 72 FOR VALUE RECEIVED z co ch~ o~ or BERNICE promre ~o wr ~ princ~P,1 w~ oi_S3x Thousand Four Hundred S~eventv- five an , to~ethet with intee+esl tl~erton iwn~ date at the ate of tes pee~t, pee an~~m unW nuturity, both priecipal and interest bei~ payabk in law[ul money uf the Unitea Stata at 2244 Bi~cayne Bivd., Miami. Florida. ur ~t wch atl~ piace as the holdees heeeo( may de~i~ate ie watina. Principal and ieterat pay~blt in installments aa idloas: One Hundred Thirty-five ($135.00) Dollars per month, beginning on the 15th day of November, 1972, and continuing on the 15th day of each and every month thereafter until paid in full This aote may be prepaid in whole ar ia put after one yeu fran the date hereof upon payment of a penalty equivalent to five percent of tht principil suen prepaid. Esch inatallment paynient shail be cetidited Cust on the interat due. and the ~emaindet on peincipal: aed i~tere•t :~hsll therr- upon eease upw~ the principa~ w credited. Tbe maken and endoesers of thi~ aote fuether a~ere to waire den~and. eotice of n meet and protest, ~nd in the event wit ,~hall be brouaht for the cdleetion bereof, or the a~me ha~ to be eoliected upon demand~ attorney. to pap reasonaWe attorney'~ [eeu for nukina.ueh edketion. Defen~ed payenenb heeeunder ~hall beac interest at the ate of ten perceat per annum fw~n autu~ty until ~aid. Tha note it aeuad by a~o~e oE even d~te hee~eMid~ and 'a to be eon~ved and enfonxd ~cc~rd~ to the lavrs of the State of Florida; upon dciwh in thep~y a~ent of prineipal andlo~ in~erat when due~ the Mrl~ole w~m of pnncipal and int~e~t remrinin` uopaid ~hall, at tbe option of the holden, beeome ia~nedi~ due aad papa6k. ~ j c ~ vU~S~+L~ ~ . (SEAL) ~n~ ~hail perform, comply with and abide by each and e~~er~~ the stipulations, agrzements, conditions and cove- nanis of said prnmissory note and of this deed, then this deed and the estate thereby cceated shall cease and be ~ null and void. - 1. The 'Mortgagor hereby~ covertants and agrees: (a) To pay aN artd s~n~ular the pr~ncipal and intetest and other sums of money payablc by virtue of said promissay ~ote and th~s deed, ur ehher, promptly on the days respecuvely the same srverally beromes due. (hl To permit, comm~t a suffu no waste a~d to ma~niain the improvements at atl t~mes ~n a state ot soud repa~r and condition, and to • do ix permrt to be done to ss~d premises aothin6 that v~11 alter or cAanse tht use and charatter ot sa~d ptoperty o? in any way impa~r or weaken the secunty ot th~s mortaase. Aad in case ot thc rcfusal, ne6lect or ~nability of the Mortp6ot [o repau and maintam said proper- ty, the A1«tga~eee may, at h~s opuoo, make such repa~rs or cause the same to be made, and advance moneys in that behatf. (c1 To pay all artd cingular the taxes, assessments, lev~es, liabilities, and obli6ations of cvcry nature on said desctiDed property each and every rArn due and payable accord~rta to lay~, before ~hey becoroe dtlinquent, and to delivet to the Mort~a~ee on or befote March 15~h of each year taa receipts evidencins tht paymen~ ot all IaM~fully ~mposed taxes for the precedins ealendar year; to indemni(y the At«taa6ec upon h~+ demand (or all taxes, a~ses~ments ami charges that may be assessed upon this mort~a~e on the indcbtedness s~- cared hercby, artd paid by the mortgsaee, without regard to any lar• heretotore enacted or hereatter ~o be enacted imposias payment oS tAc rholr or an>• vrt thercof upon the \tnrtga6ee. ld) Tu pay all and s~ngulat the costs, char6es and expenses, ~r.clud~ng law~yers' tees and abstract costs reasonably incurted ~+r paid at an~ t~mr hy 1hc \fortEaEee because of the fa~(ure on the part ot the Murtgagor to perform, comply ~•ith and abide by qch and rvery the supulauuns, ageemcnts, cond~t~ons and covenants of said promissory note and this deed, or either, and every sucA~payment shall bear mtcrrst (ewn date at the rate of ten 110°~) per centum per annum. ~ 1~) It is further covenanted and agreed by said parues that in the c~~en~ o( a suit bring ~nst~tuted to foreclose this mataa~e, the Mat- gasee ~hall be entiUed to apply at aoy t~me pendma sucb foreclosurr suit to t6e court havios jur~sdicuon thereof (or the sppomtment of a recr~ver o( all and sin6ular the matga6ed property, and ot all tents, ~ncomes, protits, ~ssues and revenues thertof, from vhatsoever sourcr denved: and thereupon i~ is hereby expressly .ovenanted and a~reed that the Court shali forthwitA sppoint such rcceiver r~th the u.ua! porrr~ and Juues a( recei~ers in like case~: and said appomtment sh~ll be mada by tde court as a matter of strict ri6ht to thr \1~~~tga6ee, and r~thoul reference to tht adeqwcy~ o~ inadeqwcy of the value of the property heteby mortp6ed, or to the solvency ur ~nselvency oP the Stortgagors ~x any other party defendant to such suit. 7'he .l~ort6a6or hereby sprc~t~cally raives tAe n6ht to oblect t~ thc appo~n~ment of •r rece~ver as afwe~aid and hereby expressly consents tAat such appo~ntment shall be made as an adm~tt~d equ~ty and a~ a matter ot abcolute right to the ~tottgagee and that the same may be done ~r~thout notice lo tht Mortassot. ) If forc.lusure pn.ceedm6s should be inshtut~d a6ainst the property cocered by tlus morigage upon any other hen or claim whether alleged to be super~or cx ~un~or to the l~en of this mortgage, the Mortgagee may at h~s opuon ~mmediately upon ~nstituhon of tiuch suu ~x dunn6 thr pendency theteof declarc th~s mortgage and the indebtedness sacured htreby due and payable torthw~th and may at its optwn proceeJ to taeclose lh~t mori6a6e. (g) Th~t the A1ort6a6or w~ll keep all real and persunal property nor a hereafur encumbered by~ the I~en of :his mort~a~e insured ss m~y be rcqu~red (r~rn hme to time by iht Mortgagee against loss by t~re, w•mJs~orm and other hazatds, caswlties and contmEtncies for such penads and tor not less than such amounts as may be requued by the !Nortp~ee and to D~Y D~~Dtly rhen due all prem~ums for such mwrance. The amounts of insutance requ~red by the Siort~aRee shsll be the minimum amounts for ~h~ch said msursnct shall be w~r~tten and it chall be mcumbent upon the Afortgagor to mamtam such add~UOnal msurance as may be necessary to mett snd comply futly w rth all co-~n.urancr reyu~rements conta~ned in satd pohctes to the end that the sa~d \lortgaga ~s not a ewmsuror theteunder.lnsuraoce ~hall br Mr~iten by a company or companies approved or designated by the Mortsa~ee and all polecies and rene~vals ~hereof shall be he1J by thc ~tu~~gagee. All dcta~led dcs~6nat~on~ by the Nort6agor rh~ch art accepted by the Mortgasee and all aareements bet~ten ;Uorttagor and Mou6a6te relatm` to ~nsurance, now ex~stin` or herea(ter made, shall be in s•ntin~ and shall be a patt of t6~a mort6a~e a~reemen~ as fully ati :hough sct fortA rerbat~m here~r+ and shaU 6overn both patties herNO and tbeir successors and ass~sns. No licn upon any of said pohc~es of msurance or upm any re(und or retum prem~uri wAich may be payable on the cancellat~on or termmauon thereof, shall be g~ven to othrr than the Mor~6a~ee, eacept by proper er~lorsement aff~xed to such pol~cy and approved by Mort`a~ee. Each policy of msurance shall havc affi~ed tAereto s Standud New Yotk Mottssste Clause a~~thout Contr~buuon, makin` ap loss or losses under wch pcrlicy payahle to the Nortpsee as ds interest may appear, (n the event any sum or sums of money become payable thereundtr the \tort- ga6~c .hatl ha~e th~ opt~on to receive and appfy the same on sccount of the mdebtedness hercby vtcured, or to permit the \lortga~or ~ to rcce~~e and use ~t, a any part thereuf, w•itAout thercby wa~~ms or ~mpartir?6 any equ~ty, I~en, or n~ht under and by v~rwe of th~. ! mwt6~gc, fn event of loss or phys~cai dama6e to the mort~aged property the !1lottpgor shall g~ve ~mmedute not~ce thereot by ca~l t~~ ~ the tlortgaEcc .,oJ the Slortgaget may m~ke proo! oi to~. ~f the same is Aot tnade proroptly b~ the Stortaagor. !n erent o( fuce~lo~ure of ~ ~ ~ ~ ~~~~9~3 ~ ~_.'~'~~.~~~~~r.~ . ,~~f:,~"~ ~Y. ~ ` ~-v ~ ` ; - - ~ :