HomeMy WebLinkAbout2093 ~~~~ol~ ~Q '~~''~J al1!1 _ ^
PRl1Vll)FI~, ALWAYS, that if the \lortgagor .hall pay u~to the ~1ott~agrc thr ~ndebtedness ev~denccd by a
carla~n prumi,aury nute of which the following in wu~ds and figures ~s a true c~nv tu-wit:
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For~ie~rce F~;~ , September 16, 19 72 ~
s 1,775.00 s
FOR VALUE RECEIVED We,, Jointlv and Several p~~ a p•y
to ehe order ot LUCY KORSUN R STEE
~h~ p~oc~P.1 wm oi One Thousan even uti re eventy- ve an , o6ethe~ with intetest
thereon irom date at ihe nte ot tea pee~eeot, pa an~um unW maturiq, boti~ principal snd intcrat bein~ p~yable i~ fawtul mone~r ot
` the United Stata at 2244 8ircayne Blvd., Mwai, Fbrids, or at weh other ptaoe ~ the holdus hacoi aiay dai~nate in writi~.
PnnciPsl and intenat payabk in in~t~Un~et~b aa idbar. '
. Fo"rty-five ($45.00) Dollars per month, beginning on the 1Stt°. dap of ~
November, 1972, and continuing on the 15th day of each and every anonth ;
thereafter until paid in full
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This note may be prep~id in ~w!?ole o[ in pvt a[tet ona yeu from the date beraof upon paym~nt d a penalty equivalent
io five percent of the principal sum ptepaid.
Each inatallmeet parn~ent aFull be crcditcd fasi on the ~nteeest due, and d~e t~emainder on P~neipal: and i~tere~t rhdl t
upon cease upon the principal w ccedited.
7'he makers and endorsees ot thia note fuethe~ a~eee to waive demand~ notice of non-p~yment and protest, and in the event w~ .
~i~all be brought [or the cdkction l~c~coE, or the ~+n~e h+s to be tdketed uPon'demand of an ~ttorney, to pap reasouabk stt«nry ;
(ers tot mskin~ suth cdketion. '
Defeered paymeets haeunder ~all bear ir~tete~t at the rate of ten pereeet per annwn Eran esaturity until psid• ~
7'his note is awred b~? a aiwtt~~e oE eren date here~rith ~nd 'a to be con~tru~d md enfaeed aecadina to the la~+s ot die ~
~tate o~ Flo~idt; upon dctault in thepa~ n+ene ot proscipd an+Yo~ inhrest~rhen due, the Mrl~de w~m oE p~nc~p+i and intere~t i
~ remainin` unpaid rhali, at the option oi the lwldees. beeo+ne iwnediatd due and p~?abk.` j -
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~r~d ~hall perform, comply with and abide by each and every the stipulations, agreements, conditions and cove-
nants of said promissor~• note and of this deed, then this deed and the estate theteby cttated shall cease and be
nuli and void. .
1. The !~lortgagor hereby covenants and agrees:
lal Tu pay ai! and ~~n6ular the prmc~pal and interes~ and other sumc of moncy payabte by virtue ot said promisswy note and this
derJ, or either, promptly on the days rtspectively the sam~ severally become~ due.
(A) To permet, co~amit w suJftr n.~ was~e a~d to ma~n~ain the ~mprovements at all times in a state of sood repair and eond~tion, and to x
do or perm~t to be done to said prem~ses nothin6 that w~l( alter or chan6e the use and ch~racter of s~~d property or in any v~ay impair or
aesken thc secunty ot this mortsate. And ?n case of the refusal, ne6lect or inability ot !ht Mortaaao? Io repair snd maietain s~~d proper-
ty, the ~fortsaRee may, at his opt~on, make such ropa~rs or cause the same to be made, and adv~nce moneys in that beh~lt.
lc) To pay all and sin6ular the uxes, assessments, le~~~es, liabilities, and obli6ations o[ erery aature on sa~d deseribed proptrty each
and r.~ery ~•hen Jue aed payable accordins to IaM, betore they become deliaquent, and to defiver to the Mort~a~ee on or betore MarcA i
IStA of each year tax receipts ev~dencina ihe paymen~ ot a11 larfully ~mposed taxes tor the prccedins calendar year, to iedemnity the '
~t«taa6ee up.m his demand tor all taxes, assessmcnts and cAaraec that may be assessed upon this mort~ase on the indebtedness s•- ~
cured hereby, and ~+a~d by the n+ortEa6te, ~~lhout rtgard to any la~~ heretofae enacted or herea(ter to Ae enacted imposins payment o: ~
tAe whole or anv nart Iherrot upon the Atortaaaee.
(d! To pay all ~nd s~n~tulat the costs, char6es and ~xpences, ~nclud~n6 lawyers' fees and abslract costs reasonably inturred or paid at
any t~me by the \t~xtgaget because of the fa~lure on the patt of the ~.lurtgagot to petfotm, comply wrth and abide by eacA and every the
st~put.t~on~, a6rcemcnts, con6itions and covenants of sa~d promissory note and this deed, a eitAer, and every such'psyment shall bear
intcrrst irom datc at tho rate of ten (~0'f~) p~r centum per annum. ~
le) It ~s turther co~enanted and asreed by said parues that m the ecr~t o( a suit be~na inst~tuted to (otectose this mott~ase, the Nort-
6asee .hall F~e entetled to apply at any time pendin6 ~uch foreclosure suit to the court havin6 jur~sdiction thereo( for the appo~ntmen~
of a rccener of :11 and sin6ular the mataaaed property, snd ot a)1 rents, mcomes. profits, issues and re~•enues thereot, [rwe whatsoever
source Jrnrcd; and thereupon it is hereby eapressly covenanted and a6rted tDat the Court shall torthwith appoint such receiver w~th
the u.ual puwerc and duhes of receicers in Iike cases; and said appomtment shifl be made by the court as a matte? of stric~ ri~t to
thr At.xt~aaee, ,nd Mithout teterence to the adequacy or ~nadeqwcy of the value ot the property hereby mortsased, or to the solvency
cr in~olvency of ~he Alortsa6ors or any other party defendan~ to such suit. The Mortsasot hereby spec~tically vaives the t~eht to oh~ect ~
to the appo~ntment of a rece~ver as atoresaid and hereb~• ciptessly cartsents thst such appomtaunt shal! bt made as an adro~ued equrty '
aod as a matter of absolute riQht to the MortpEee and that the same may be dooe without notice to tht lOfortp~or.
tt) If fnre~losure pnneedioas should be inst~wted a~airst the property covered by th~s mortsa6e upon any other lien or cla~m w~hether
alle6ed to be supenor or junia to the Gen of this mat~a6e, tAe Mat~asee may at his opuon immedutely upon mstiwt~m of such su~t
cx dunn6 the pendency t6ereof declare th~s mortgage and the ~ndebtedness secured hereby due and payable (or?hw~th and may at ~ts
opt~un proceed to foreclose th~s mataa~e.
(i~ T~~~ ~h~ *~~x~6a6a w~~~ keep all rcal and personal property nor a hereaftor eacumbered by the I~en of th~s mwt`a~e ~nsured as may
b~ required frMn time to t~me by the Mort6a6ee ab~~nst loss by fire, w~~ndstorm and other huards, casualpes and conUn~enc~es (or such
pcr+ods and ror not less than sucA aoaunts ss may be re uued b ihe Mort a ee and to a {
4 Y i t D Y D~wnPtly rhe~ dua sll prcm~ua~s tor such 3
~nwrance. The amounts of insursnce requ~red by t6e ~Aort6a6ee aAall be the mimmum amounu for wh~ch sa~d ~nsursnce shall be wnuen
and shall b~ mcumbent upon the !Nort6aaor to ma~ntaio such add~honai ~nsuranct as may be necessery to meet and comply fully ~sth
eU rwmsurance re~u~rements coma~ned m said pol~ties to the end that the sa~d Mor~6a~ot is not a cwinsutor thereunder.lnsurance ?
~hall bc wnuen hy a company or companus approveS or designated by the Mort6s~ee and aU polic~es and renewals thereof sball be heW -
hv the Vu~~gagce. ,ltt detailed desisnatia+c by the Mortaa6or wh~ch are accepte0 by the Mortaajee and all ssreements beareen Mat6~6a*
and Mortga6ee relat~~s to inswance, now exist~ns or Aereatter made, shall be in ~rr~t~n~ •nd shall be a part ot this mortsa6e a~reemem
as fully a~ though set forth verbatim herein and shsll sovern botA parties hereto and their successors aed assi~ns. No iien upoR any o(
sa~d pol~c~ec o! ~nsurance o? upon any refuod or roturn prtmi which msy be payable o~ the uncellauon a terminat~on the~eot, shall ~
be 6rven to uthrr than ~he Mott~a6ee, except by proper endorse snt affixed to such pohcy and approved by Mortia~ea EacA poGcy of ~
msurance shall have affixad tAereto s Standud New Ywk Mort~a~ee Clause ~•ithout Conenbu~~on, matin~ alt loss or iosses under such 7
paLcy payable ~o the ~fortsasee as ~ts murest may appe~r. In the event any sum or sums of money becane payable thereupdef the ftort-
ga6re shall ha+e the opt~on to receive and ~pply the same on sccount o( the mdebtedness hereby secured, or to permit the NortgaFor ~
~o reccivc and use it, or any part thereof, rrithout thtrcby w•aiv~n6 or impau~n6 any equity, hea, w nsAl unde? and by v~rtue o( t!:~~
~~6~6~• ~~~~1 loss w physical dama6e to the mort6aEed property the A{ort~aEor shall ~ve ~mmed~ate notice tAercof bp crai! t~~ ~
the Mor~gaEee and the 1Nort6a6ee msY make proof of los. ~f the same is nm made promptl~ by~~e~\1or~~a~or. event of (cxe~lo~ure of
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