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Home My WebLink About2397 ~ , ~i = ~~:~ti . ? t O rin - ~ . ~ ~ ~ d~tij ~t «'w+~-~4~ PRl)~'Inf:t1, :1LWAYS. that if the \lortgagor shall pa~• untu ~hr ~lortgagre the ~~debtedness evideoced by a certain prum~~xuty note of which the follov?ing in words and (igures is a lrut copy to-w~t: ~ ` ~ ~ ~~GdV~~~~i s S,SS0.00 _ Fort Pierce, Flo~;da _ October 19, ~9_Z.2- FOR VALUE RECElVED We , iointly and severallv, ~m~ co wr co the orde~ ot BERDIE GOLDSTEIN the principal s„m oI Five Thousand Five Hundred Fifty and no/lOf~oLLARS, togethet with iotetest ~ thereon (wm date at the ate o[ ten pet~cent, per annum u~til maturity. both principd and intereat being payable in law(ul money uf thc United States at 2244 Biscayne Blvd., Aiiami. Florida, or at wch other place as the holders hereof may designate in writin6. Principal and intcrest payadle in imWlmenb ar tolloMn: ; . . One Hundred Fifteen ($115.00) Dollars per month, beginning on the 15th day of December, 1972, 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 put after one yeu trom the date hereof upon payment oi a penalty equivalent io five percent of the ptiacip~l sum ptep~id. Each in~tallment payaient shal) be credited first on the interest due, and the remainder on principal; a~d intrn•t ~hall thrrr- ~ upon cease upon the principa~ so credited. The makera and endwsers of this note further agree to waive demand, notice of non-p~yment and protest, and in lhr event uuit ~ I~all be brought Ior the collection hereo[, o~ the same haa to be collected upon demand o( an ittorney, to pay ~easonable attorney's ~irr> (or making such cdlection. - Defened payments hereunder shsll bear interest at the rate of ten percent per ~u?num from maturity until paid. Thi~ note ie ~ecured by a mortgage of even datc herewith and is to be conetrued and enforced eccording to the laws of the ~tate oE Florida; upon detault in the p~yment of principd andlo~ intereat when due. the whde eum of prineipal and i~tee~est rrmaining unpaid shall. at the optior~ of the holden. btCOill! 1111111td11[!~r dU! alla wyiblt. 1.~C _ ~1.~-%~-Z---=- (SEAL) - ' , ~ - , f % ' - - (St AL) ar~J shall ~+erform, cumply with and abide b~• each and every the stipulations, agreements, conditions and cove- nants of said promissory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. ' 1_ The !1lortgagor hereby covenants and agrees: , la) To pay all and sm6ular the prmc~pal and intercst and other sums of money payable by v~rWt of said prom~ssory note and th~s derd, or e~ther, promptly on the days tespectn•ely the same severally becomes due. (?+1 To permrt, comm~t or suffer no waste a~J to ma~ntam the ~mprovements at aU hmcs ~n a slate ot sood repair and cond~tion, and to do or perm~t to Ac done to said prem~ses nothing that will alter or chan6e the use and character of sa~d proper~y or in any rray ~mpa~r or i ~eaken the secunty o( th~s mortea6e. And m case ot the refusal, neglect ot inability of the Mort`a6or to repair and maintain said proper- ty, thc hlortgagee may, at his opt~on. make such repairs or cause the same to be made, and advance moneys in that behalf. j Ic) To pay all and singular the taxes, assessments, lev~es, I~abilities, and obli6ations of every nsturt on said described property tach ~ end every rhen duc and payable accord~n6 to laa, before they become delinquent, and to deliver to t6e Mortea6ee on or Defore March ISth of each year taa receipts ev~denc~ng the paymmt u( all la~fully ~mposed taxes for the precedin~ ealendat year, to indemnify the ~1«tga6ee upun h~. demand for all taxes, assessments and charaes that may be assessed upon this mort6a6e on Me indebtedness s~- .ured hcreby, anJ pa~d by the mortga6ee, ~ithout rcgard to any law~ heretofore enacted or hereafter to pe enacted impos~ns payment o: thc whole or am ~art thereaf upon the \1ortRa6ee. (d) To pa) all rnd s~ngular the costs, charges and expenses, mcludmg Iawyers' fees and abstract costs reasonably incuned or paid at any timr b~ thr \lortgagre because of the fa~lure on the part oi the \tortga6or to perform, comply with and abide by each and every tAe sUpulatwn~, agreements, cond~tiunv and covenants of said ptom~ssory note and this deed, or e~ther, and every such~payment shall bear ~ntrrrct irum dete ut thc rate of trn 110`?~1 per centum per annum. • Ir) It i~ turth~~ co~~enanted and a~reed by sa~d part~es that m the e~en~ of a suit be~ng insUtuted to (oreclose this mort6a6e, the Alat- ga6ec .hall be entitled to apply at any time pend~n6 such forcclosurc su?t to the court havin6 jur~sdiction thereof for the appointment of a rcce~~~er o( afl and singular the mortEaged property, and of all rents, incomes. profits, ~ssues and revenues theteo(, from vhatsoever sourcr den~ed; and thercupon ~t is hereby expressly covenanted and agreed that ~he Court shall forthw~tl~ appomt such receiver ~ruh the u.ual powerc and Juues of rece~~ers in like case~; and said appo~ntment sh~ll be made by the court as a matter of striet n6ht ~o thc \1~rtgaace, and w~thoat reference to the adequac> or ~nadequacy of the value ot the property hereby mortsa6ed, or to the solvency or insolvency of [he ~lortgagors or any other party defendmt to such suit. The Mortga6or hereby specH~cally waives tht r~ght to object to thr appo~ntment of a rcct~ver as a(oresaid and hereby eapressly consents tl+at such appointment shall be madt as an admitted equ~ty and a. a mauer o( ab~nlute ri6ht to the l~fortgagee and that the same may be deu~e w~thout notice to the Mortaa6or. If 1!f forc~lo.urc pr.xeedmgs should be instituted against the property covrred by th~s mott6a6e upon any other lien or cla~m whether ~ alteged to be superior or ~unior to the lien of this mort6age, the Mortsa6ee may at his ophon ~mmed~ately upon mstituuon of wch sun ~ ~x dunn6 thr pendency thereof declare th~s mextgaEe and the ~ndebtedness secixed hereby due and payablc fwthw~th and may at ~ts opt~un proceed to foreclose th~s mottga6e. : (g) That the A1or~ga6or will teep all real and perscu~al property nov or herea(ter encumbered by the licn of :his mortsase ~nsured as may ~ be requ~red (rom time to Ume by ~he NortRa6ee a6ainct loss by fire, w•~rwislorm and o~her hasards, casualt~es snd contmEencies tur such ~ per~ads and ~or not less than such amounts as myy be requued by tht Mortaa~te and to pay promptly r•hen due all prem~ums (or such ~ ~n~urancr. The amounts o( ~nsurance required by tAe NortaaEte shall be the min~mwo amounts for wh~ch said ~nsurance shal) bc rntten ~ and ~t chall be ~ncumbent upon the MortaaRor to mainuin such addit~onal ~nswance as may be nrcessary to meet and comply fully w~th ~ •!1 ro-rosurancc requ~tements conUmed m sa~d pol~cies to the end that the sa~d Alortsa6a ~s not a cwmsuror thereunder.lnsurance .hall be wntten by a company ot compao~es approved or des~6nated by the Mortga6ee and all polic~es and renewals thereof shall be he1J by thr \tuitgagre. All detailed de~ignahons by the Nort6a6or wh~ch are accepted by the Mort6asee and all aareements between Mort6a6or and Mortgagee relaUnE to insurance, now~ eaistina or hercafter made, shall be in r~titin6 and shall be a part of th~s matsa6c a6reement as fully as though set (orth verbat~m herein and shaU 6overn both parhes hercto and theit successors and assisns. No lien upon any uf said pnl~c~r~ uf msurance or upon any tetund or return premium r•hich may be payable on tAe cancellat~on or termmauon thereot, shall be gwen ~o other rhan the ~fottga6te, except by ptoper endorsement affued to such poluy and approved by Matsa~ea Each policy o! msurance shall have a((ixed thercto a Standard New Yotk Mon~a~ee Cleuse w•uhout Contnbuuon, matina all loss ot losses under such pul~cy payabl~ ~o Ihe Alortaa6ec as ~ts mterest may appeu. In the event any sum or sums ot money become payab~e therernder thc ~1ort- g.~g~e ~h~ll have the opt~on [o receive and apply tAe came on account of the indebtedness hereb~ secured, w to permit the Nurtgapor to rcce~vc and use ~t, a any part thereof, r-ithout thercby w~a~vm6 or ~mpa~rtina any aqu~ty, lun, or n~ht under and by vutue of th~, mor[6agc. ln event of loss or phys~cal damaae to the mort~aged proper~y the Mortgagot shall 6ive~~mmedute nouce thereof by rail to the ~fostgaEee and the MortFaaee may makt prou( of los. ~f the same ~s not maJe prompt~y by the ~lottgagor. In event o( focc~ln~ure of ~ . EOOK T~~~ PdCf ~ J~ . : ~ ~ - 1 ~ b 3