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Home My WebLink About0917 . Abstract & liUe l;u?µ of fJorida . I'R1?~ InFh. ~~I.NAI S. that ~f the \tu~tg~g~~r .hali pay unto ~he \lort`a~ct the ~ndebtrdnesa ~JencrJ hv a ~rr1a~~? ~n~m~~~~~~y nute ~~1 whech the ('o11~~N~~e ~n wutd~ and f~~ures ~s a trur c~~av to-v?~~ 2 525.00 F~~r~ce`~~~;d. November llth, 72__ s ~ FoR VALUE RECE[VED We, ~ointly and severally prom~ ~o pay to the ord~~ ot _ WILLIAM TALL ch~~principal sum ot ousan ve un re enty- ve an , together with interr~t thelton Emm date at the rate ot ten percer?t, per annum until maturity, both principal and ~nterest bein6 payable in lawiul money uf th~ ~United States at 2244 Biscayne Blvd., Mi~mi. Florida, o~ at auch othe~ place as the holdera hereof may dcaignate in w~1in~• Principal and interest payable in inaWlments a follows: Fifty-Five ($55.00) Dollars per month, beginning on the 15th day of JanuaYy,1973, 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 part after one year from the date hereof upon payment of a penalty equivalent eo five percent of the principsl sum prepaid. Each installment payment ahall be credited first on the intereet due, and the remainder on principal; and interest shd) thrrr- upon ceaae upon the principal so credited. The makers and endorsers of this note further ay~ne to waive demand, notice of non-payment and p~otest, and in the event suit :liall be brought for the collection hereo[, or the same has to be collected upon demand of an attorney, to pay reaaonaWe attorne~'~ frr. for making such cdlcction. Deferred payments hercunder shall beu inte~eat at the nte of ten percent pe~ annum fwm maturity until paid. 7'hi~ note is ~ecured by a mo~e~of even date hercwith and ia to be conatrued and enforced accotdin~ to the lawx of the ~tate o( Florid~; upon defwlt in thepay tnent of princi~d andlor intenat when due, the whde eum ot principal and interest ~ rrmainin~ unpaid aha11, at the option of the holde~s, become immediately dne and payaWe. William F. Moamey (SEA~) Phyllis V. Moomey (SEAL) Ptepared b~r Spiekr dt Tendrieh. Attorner - 2Z~0 Bi~earnt ~vd.. Mumi. Flaid~ :,r,J +t~:?If prrl~rm, comply w~th and abide by each and every the st~pulau~ns, agreemtnts, conditions and c.,~•~- nant+ uf ~a~d promissory note and ~f th~s deed, then th~s deed and the estate thereby created shall cease and be null and vo~d. 1. The ~lortgagor hereby co~•enants and agrees: , ~dl To pev all and s~n6ular the pr:nc~pal and ~nterest and other sums o( money payable by v~r~ue o( sa~d prom~ssory nu:c and ch.~ d;~,1, .n e~ther, prom{~tly on the day~ reapect~vely the same severally becoercs due. i ~n~ T,• perm~~, cornm~t or su[fer nu waste a~d to mamta~e the ~mprovements at all umes ~n a state of aood rcp~~r and cund~t~or, and :o l do nr prrm~t to be done to said prem~ses noth~n~ that w~ll alter or chanse lhe use and charactet of sa~d property or ~n aoy .,v ~mpair or j +.eeken snc ~ecur~t~ o( this mort~a~e. Aed ~n case o( fAe refusal, ne{lect ot ~nab~lity of the Mortp~or to repau and ma~nt~~n .~id pmper- ~ ry, the SlortsaRee may, at h~s ophon, make ~uch rcpa~rs or cause the same to be made, and advance moneys m that beAalt. ~ 1 T~ pay all aod s~n~ular the uxes, assessmrnts, lev~es. I~abil~hes, an8 obhpUOns of every nature on aa~d descnbed property tach z ~n,; r~n• v:hrn .tur and payable accord~n~ to lar, before thty become deGnquent, and to delner to tAe Mortdasee on or beiore M~rch ~ {~~h ea~A year taa reee~pt. ev~dencin6 tAe payment ot all law(ully ~mposed taaes tw the precedm~ ulendar year, to ~ndemn~ly the ~1rxt~~~ee upun h~s dem~nd tor all taaes, asses~ments a~M cAar~es thst may be assessed upon th~s mort~a6e on tAe ~ndebt~ dnecs :ured hr.rby, and pa~d by the mort6aRee, +~thnut rcgard to any law heretufote enacted a hereafter to be enacted ~mpos~nR ~aymenc o: ~hc wh.~ir or anv ~art thereuf upon the ~1nrtEa~ee. IA~ I ^ny all and smgular the costc, charges and tiptnse~, mcludm~ lawyers' fees snd aDstnet co~ts reaso~ably ~ncurrrd pa~d ae ~ ..n~ r~m~ n~~ thr ~tortEaEee because of tAe (aiiure on ~he part of the NortEasoc to pertorm, compty ~r~tA and ab~de by cach and ~rn the ~l`~1N.JS111f~1~ a~eemen[s, cond~t~ons aod corenama of caid pran~sswy aote and th~s deed, or t~ther, and every such~payment .h.!! oear :r.~e~~•t f~~~m de~e at the rate ot ten 110°el per cen~um per annum. • i~•~ I: turther co~tnanted and a6reed by sa~d parhes that ~n thc event o[ a sw[ beme ~nst~mted to fwrclose IA~S mortR~6r. ~tagee ~hali be eet~tled to apply a~ anY hme pend~ns ~uch foteclosure su~t to the court havms ;unsd~cUex~ thereof for the appom~mem ~ „f a rcccner of all and s~nsular tAe mat6ased property, and of all rcnu, mcomes, prohts, ~~sues and r.venues thertof, (rom +M~soc~cr ~ .nurcr dcri~ed. and thereupon u ~s he~eby eaprecsly covenanted and asreed that the Court shail f~rth~r~th app~m~ •u.h recei+er r•~th the u~uel por~r.a and Juues of rece~~ers ~n like cases; and sa~d appomtment sA~ll be made by the court as a ma:ter ~f ctnu n~ht tn :hr \1~•rtga6ee, and M~thout teference ~o [he adeqw~y or enadeqwcy of th~ value o( the property hereby mort6aEed, ~~r !u :he •~henc, ~ .~r ~n.ol.ency of the Nor~gasors or any o~her party detendant to such su~L The Mortsa~or hercby spenhcally Ma~ves tht r~sht to ~~n~~-a ~ tu [Re eppointment ot a rece~ver as aforesa~d and here4> eapressly consents [hat sueh appo~ntmem shail ~c made as an adm~~+rJ e;L.~. and r~ ~ matter ot ahcolute n~ht to the Mort~a6ee and that the same may ~e done W~thout not~ce to the Nort~a6or. ~ ~i ~ {~~~,~„wre pnrceedin~s should be inst~tated asa~nst the propetty co~ered by this moetga(te upon any other l~en or cla~m ~hrtA-_r atl-gcd tn be .upencx ot ~umor to the 1~M of th~s matsage, the aAort`a~ee may at h~s option ~mmed~ately upon in.t~wt~oo ~i .u.h .uit ~ nr dunn6 the pendency thereof declare th~s mr+rtga6e and the ~ndebtedness secured hereby due and paYsbl~• ;urehw~tA and m.,y e~ opt~on p+octed to (oreclose this mw~saEe• 'ii ~g~ Th.t the ~1atEa6or r:ll ktep all real and persona! Droperty nov a hereafter encumbeted by ~hc I~en o( :his mortg~~c ~nwre,f eti ~^ey nc requ~red (rom umt to ume by the Morl6agee apmct loss Ay trte, w~ndtitorm and o~her Aazards, ca.ualue. a~d conunEene~c~ i• wch ay pen~~. and tor not lesa than such artFOUnts ac m~y be required hy ~he Mort`asec and tu paY D~~D~~y ahen duc •II prem~u^i. ~uch ~n.wen.r. Thc amount~ of msurance requ~red M1y thc ~1~~rtgagec ~hall be the m~n:mum amounts G,r ahich said msuran~c sha11 b~ a•;:.• n ~ ,n.: :fiell be incumbent upon the Mort6a(tor to me~n!a~n .u:h add~~~onsl ~nsuran.c may be n~ce~~a•ti t., e+eet anu .arpE~ •~ii} +:th ~ .~!I .,~-in.urance [[V01f[TtflIS cont.,~nrd ~n ca~d p.~l~cu~ tn the end th~t the ~.id VasFaEcx nn* a.o-,nsuror thereunder.l^. -urar.~c ~n' _r „I .n~;cn ^c r company or ~ompan~c~ eppr~~~cd ~r de.ignated by the Nnrtga~et and ~ll pol~c:c~ end :ene•.el~ the~rn: .h~;. ~c Ect., h~ tn: tU~~tgag~e. All de[a~lru de~i6nat~an. hy tfic \1~~rtRagor whtch are acctpted Dy the MortgaRec •r.d a:l ~6rcert:e~t. ~e~~een ~i~ ~t~ea~o• •nd Nur~~~ger rel~~~eg t~~ ~nsurance, nor cust~np on c~reatter made, shall be ~n ~r~tm~ and shali be a part of *h~~ ~n~rrRage aerren-r~ as fu11~ a. tAougA s~t texth verbat~m here~n and chall 6metn both part~es hereto and theit succt~.~•r~ •nd ass~gn.. ~io I:cn up - a'+~ +a~d p~~l~c~c. ~~f ~n.urance or upan any rcfund rx re!urn prem~um wh~ch may be paY~b~t on the canee:iauon u- term~ni~~on thtr~:~•, ~hal! n~ 6~~rr. ath: • r;;en ihc ~1or~gadee, e~cept Dy pr..~er eodorsement a(hxed to such poL•cti~ and approvcd Ay NortEaE~r. F~ih p~',~. ~ t ~ncurence cn~Il ~r e~t~ied tAerc~n a Standard VeM 1'ork ~1ort6a~ee Clause +~~hout Contr~bu•~nn, nak~n6 all losc .~r '~..c~ un~:r -ui' ~ pnl~~} pa~aDSr thc \t<x~sa~ee •s ~t~ ~nteresf may •Dpear. In the evenl any sum ot sums o( money ~ecome pay•~. `_rc~n;fer tt ~.~dr~ .h~ll ha~r thc ophon to r«ei~e and apply :Ac camt on account of tht tndebiedness htrebs ~e.~rcd, or ::-r~• et; ~1 ~o ~:.r~.. rnd cx an~ par~ thertoS. withow therrb~ ~.,nm~ or ~mpainn~ any e0u~ty. l:en. or nRht un.:a., .,cc ,.•c:: . ~ rtH~t~~~e. (n e..:n• oi In,. u• phYs~cal damaEe to thr m-,rfEaEed property the ~lortsagor ShaG f~.c :r.,~-rdu~c n~~•~.c . ^ th: \lurtpaRee .:nd th~ ~I~rtga~ec may mak~ proor I~~•~ the ~amt nm ~nadc prurt:p':~ b~ rAC ~t, r•~aK~~, 1~ :~:n: ,t t~••~, v: L~ k ~z ~ 2~~ 9i7 ~J~X ~Cf _ ~ - - y~ ~ ~ ~ s~.~L"w°v.~.._~K . . _ . , . ~~as~. .e~c....~-~_.~