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PRl1VInL:l1. ALNAYS. that if th~ \lartgagot shall pa~• untu ~he \lottgagre thr ~ndebtedn~a~Z~f nced by a
ctr~dm pnHn~.sory nute ~~f whirh the foU~~w~ng in wvrd. and f+gures ~s a tru~ c~~pv to-v?it~ ~
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~'.~'e~c~~.s~ge '~'~'ste ~
s 2,775.00 Fort Pierce, F~a;d~ _ October 28, 72
FOR VALUE RECF.[VED~~We
,~.~oin~sn~everal lv . oromi~e co
to the o~de~ of D B~l H RIGI~I~
the principal sunn oT - A~, ogethet with i~terest
tlyrreon ftom date at the rate o! ten peecent, pu annum until matutity, both principal and intereet being payable i~ faw[ul money of
tht United States at 2244 Biacayne Bivd., Mumi. Florida. o~ at wch other place as the holders hereof may deaignatc in writin6.
PrMncipal and ietctc~t payable in inaWiments v iollowt:
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Sixty-five ($65.00) 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. ~
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~ This note may be prepaid in whoie or in poct after one year from the date hereof upon payment of a penalty equivalent
to f~ve pe~cent of the principal sum prepaid. E
Each i~stallmeot pay~rient ehall be credited Crst on the interest due, and the remainder on principal; and intrre~t ~hal) thetr,
upon cease upon the principal so ctedited.
The makers and e~dorsers of this note turthet agree to waive demand, notice of non-payment and protest, and in th~ event suit~'
~t~all be bmught (or the collectioh hereoi, ot the same haa to be eollected upon demand ot an attorney, to pay reasonable attorney'~
` icr. for mskir?S such collection.
Defened payments hereunder shall bear interest at the nte of ten percent pe~ annum from maturity unti! psid.
7'his note w~ecured by a mortg~ge ot even date herewith and ia to be construed and enforced accordin~ to the I~ws oi tl~e
~tate of Ftorida• upon dehult in the payment of principd andlo~ intercat-whed due, the lide suin, of, rinci 1 and in ~t -
nmaining unpaid shatl. ~t the optioe of the holders, become imm diately/ctue and pajlabla / 1 ' i
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ar~~ ahall perG~rm. cumply vrith and abidr by each and e~•er}- the stipulations, agreements, conditions and cove-
nants of sa~d promissary note and c~t this dred, then this deed and the estate thereby created sha11 cease and be
~ull and ~~oid.
1. The ~lurtgagor hereby co~•enants and agrees:
lal Tu paY rnd ~~ngular tht ptsnc~pal anS mtrrc~t and other sum~ of money pa~•ablr by v~rtae of sa~d promissory note and th~s
de;d, or r~thcr, prunpNy on the days resprct~.rly thc same seeerally hecomes due.
fh1 To perm~~, :imrm:t or sufier m~ v.ac[e a~d to mamea~n thr ~mpruvrments at all umcc ~n a state of good r~pair and cund~tion, and to
do ~x ~xrmn [a be Jonc to said prcm~ses nothmg that wiil alter or change the use and character ot sa~d property or m any way ~mpau or
w•eaken the ~e:unty uf th~s murt6a6e. ~nd m c~se of thr rr(usnl, ne6leci or ma~ility of the Afortgaaor to repair and maintam said proper-
t>, ~hc Alixtgagcr ma~, at h~s upuon, make such repaus or .auce the samc to be made, and advance moneys m that behali.
T~. pey all :+nd c~n6ular the taaes. asscssmen~s, le~~es, l~ab~lhies, and obLSations of every nature on said desc~ibed property each
enS rrery whrn duc and payable accwJ~ng to lar, befixe they become delinquent, and to dNrver tu the Mortgagee ort w beforc Narch
1Sth of each ycar tr~ rrceiptc e~~~dencing the paymrnt uf all lawfully ~mposed taxes (or the prceedm6 ca~endar year, to ~ndemn~(y the
\lcxtgagee u{x~n hi. Jcmand for a11 taxes, a.srssmrnts amf char6es that may be assessed upon th~s mort6a6e on the i~debtedness
currd herrby, end pa~d by thr m~xtgagec, ~ithow retirrd to any law heretotae enacted crr herrafter ~o b~ enacted impasina ~ayment o:
the ~ holr ~•r anv ~an thrrce~f up~m thr ~fort~age~.
Id) To pay al! rnd c~ngular thr .ostc, ~harge~ and etprnse~, incluelmg lawyers' (ees and abstraet co~ts reasonably ~neurred or paid at
an~ ~imr M ihr \fur~grgre br.a~~r of thr tailure on ~hr pan of thr ~for~ga6or to prrform, comply M~th and abide by cach and even• the
~t~pulat~on., a6reemrnts, comt~huns and covenants of xa~d prom~ssor} note and th~s dred, or either, and e~~ery such~paymcnt shall bear
~~tcrcst fnxn Jatc at thc ratr of trn 1IlY~l prr centum pcr annum. .
1r~ It further co~rnanted ~nd agrreJ by .a~d pstt~es thai ~n the e~rnt of a su~t bc~ng mstuuted to tweclose th~s mort6a6e, the ~1urt-
gag~r .h;,!! bc enutled to apply at any t~mc penJing such forcclosure suu to thr court havin6 jur~sdict~on thercof fa tht :ppointmem
ut r rccr~cer o( all artJ sinaular the mortgaged proptr~y, and of al! rents, ~ncomes, prof~ts, issues and revenues theteo(, from whatsoever
.uurcr d.n~~d: arui thereupun ~t ~s hrrch~~ expre.sly rovenanted and agreed that the Court shall forthw~th appomt vuch rece~ver ~~th
the u.uel p~wrrc a~d dutirs uf rece~~tr. i~ like aase~, and ~a~d appomtment shell be made by the cour! as a matter of stnct right to
thr \l~atgaRe~. and ,.~thout rrteren.e the adrqud.~ u~ maJeywcy uf the value of the propcrty hareby mort6aged, or to the solvency
~+r en~nl~eni> ~rf the \furtgaga~ ur am nther party drtrnJant tu .uch su~t. Tho \lortgagor hercbp spec~f~cally waives the ngdt to ob~ect
tv ~hc eppoin~ment o( a rcceive~ as afortsaid and herebq txpressly consents that such appo~nement shall be mad! as an adm~ued equuy
end a. ~ maqcr ot ab.nlute nght ti~ thr Mcxtgager and ihat the came may b~ dnne w~~thout nouce to the \1ort6agor.
If fort.luwtc p~.i.rcdmgs shuuW be ~nst~wted against the propet~y cu~ered by th~s rtwrtgage upon any other lien or cla~m whethtr
alleged to h~ super~or cx ~un~or tu the Gen of )A~s mortgagc, the Mortgagee may at h~s opuon ~mmed~ately upon m,htut~on o( wch su~t
or dunn6 thr ~xmienc}• thereo( drelar~ th~s rrt~xtgagt artd the ~ndebtedness secured hereby due and payablc fo~thw~th and may at ~ts
ophon proaerJ to foreclost th~s mortgage.
(g) That thr \Iungagor r~11 kecp all rral and persunal prupcrty oo~ or herta(ter encumbered bq the I~en of :h~s mortgage ~nsured as may
6r re~u~red frcxn t~me to t~me by the \lurtgagec aga~n~t lo.s by tur, win.l.to~m ~nd mher hacards, ca.ualt~es and conunEeacees fur svch
per~oei. ;~nJ ~~x no~ lesc ehan ruch amounts as mey br repu~red by the Alortsa6ee and tu pny promptlq when Jue all prem~ums (or such
inw~~ncr. The amuunts of insurance requ~rcd b~ the ~~ort~agee shall be the mm~mum amuunts fur wh~ch sa~d insurance shaU bc rnuen
and it sAali he ~rcumbrnt upon the ~fortgrg~,r to ma~ntairt such add~oonai ~nsurance a~ ma}~ be nrce.,ar~ to meet and comply fully w~th
nl! co-in.urance re4uuements contamed m,a~d pol~cses to the ead th~t the .a:d ~lwtgaEor ~s not a co-msuror thereunder_Insu~ance
.h~ll br wntten by a cixnpany or c~nnpan~r. approrrJ ur de~~gnaied br• the Atortgagee and all policies and renevrals thercof shalJ be he1J
~v thc ~fu~t~~g~r. All drta~led de.~6nation. by the \tort6agor wh~ch ue accepted by the !1lortgagee and all aareemenes between ~1o~tgagor
and Mcxtgagee relaUng to msurancc, no~ existmg or hereatter maJe, shall be in ~nung and shaU be a part of th~s mat6age a6reemcnt
as (ully a, thoug.h ~rt forth verbat~m herom and shall govern both patUes hereto and the~r successors and assignti. No lien upon any nf
, ,a~d poficic. ot mvurartce or upon ~m~ re(und or retum premium ~vhich may be payable nn the cancellatwn w term~~aiwn thercof, shall
~e 6~cen ti, u[hrr than the Alortgag~t, e~ce~+t by proper ~ndorsement aff~xed to such pol~cy and approved by Mortgagee. Each pol~cy of
~nsuuncc shall hr~c aftiaed thcrctu a Standard 1ew York Nortaa~ee Clause ~rthout Conuibut~on, makin6 all toss or los~es unJcr .uch
Mnc~y payahlc io FAc ~lorta~gec ?s ~ts intercst may appear. In the event any sum ot sums ot money bcc~xne payabtt thcreunder ~hc \tort-
gagre .hatl ha.c the opuon to recenr and apply the same on account o( tht ~ndebtedness hercby ~-cured, or to perm~t the ~lnitga~or
to rccrivr arxi c.e it, a an~ part thcreot, w•rthout thercby~ wanm6 or ~mpamn6 any eqwty, l~en, ur n~eht unJrr and np vu!uc o! th~.
murtgage_ In e~cnt oi loss or phystcal d~mage to th~ mortgaged prop~r~y the \lortgagor sha11 ~t~ve immed~ate nuU~e therro( by ael t~~
Ihc \lurtgagre .~nd thc ~lortgaErc ma>' mak~ pruof 1~~.. ~t the samc not made'pfompU)' 6y tht ~lurtgegor, In e~rm uf tore~i~~~ure ~f
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