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Home My WebLink About1435 • • ~ - . I'R~~~If1t•:1~, \I_N.11~. tha~ ~f the ~lurtg:,g~~r .hall pay unta ~he ~1~rtga~re the inJebtrdnts~ r.i~tncCJ h~ a ~rria~u ~~r~~~~u~.~~~y fluli ~~1 which the foll~~wing ~n wurJ~ and f~~uro~ i~ a trur capy to-w~~ ~ ~ . s 1. SS0.00 Fort Pierce, F~a;d, November 16, ~q_ 72 + FORVAt.IlERECEIV~D We, iointly and severally, promisecopay ~ to the orde~ o( SOPHI E KAY the principal sum oi One Thousand Five H+~ndred Fi ftv and no 100 pO1.LARS, togethet with inteteat thereon t~orn date at the ate o[ ten percent, per annum until maturity. both principal and ~nterest being payable in law(ul money n[ the United States at 2244 Biscayne Blvd., Miami. Florida, or at wch othe~ pl~ce as the holders hereot may designate in writint. Principal and interest p~yable in imtallmenb u Eo1loMra: ~ Thirty-five ($35.00) Dollars per month, beginning on the 15th day of January, Z973, and continuing or. the 1Sth day of each and every month thereafter until paid in full This aote may be prepaid in whole or in patt a[ter one yeat from the date heteof upon payment of a penalty equivalent ~o f~ve percent of the principal sum pr~paid. Each in~tallment payment shal) b~ ecrdited Ccat on the interest due, and the remainder on principal; and interc~t ~hall thel~- upon cease upon the principal so credited. The makers and ~ndorsers of this note further agree to waive demand, notice of non•payment and protest, and in thr event suit ,lull be bwught [or the collection hereof, or the same has to be collected upon demand of an attorney, to pay ceasonable attomey'~ (rr. (or making such collection. Deferred paymenta hereunder shall bear intere~t at the rate of ten perccnt per annum from maturity until paid. 7'his note is secured by a mortgagc of even date herewith and is W be conawed and enforced according to the laws of the ~ ~tate of Florida; upon def~ult in the psyment of principd andlot intereat when due, the whole aum oi principal and intetcd - rrmaining unpaid shatl, at the opdon ot tlu holdeta, become immediately due and payable• v~/ (SEAL) ~ ~ _ - ~ - ; . ~sFnc~ a~,.l ,i~all prrf~rm, comply K•~~h and abide by each and e~•ery the stipulations, agreements, condition. and c.?.~- nant. sa~d promissor} note and of this deed, then th~s deed and the estate thereby created shall cease and be null and ~•oid. ~ 1_ The ~tortgagor hereby~ cuvenants and agtees: la1 Tu DeY a~~ and s~ngular the princ~pal and mlerest and other sums of money payable ny v~rtue of sa~d prum~~sory nu.e end ch., deed, w e~ther, promptly on the days respect~vely the same ceverally Decomes due. ; 7~~ ;~ermu, commu or su:ter nu ~rastt a~d to ma~nu~n ~he ~mprovements at all :~mes m a sute oi good rcpau and cond~t~or, and ca do nr prrm~r io be done to si~d prem~ses noth~na ihat +•~11 alter or chanse the use and character ut sa~d property o: ~n any N,v ~mpair or ~ v.eaken tn~ .ecunt~• of th~s moct~ase. And m case of the tefusal, neslect or ~nabil~ty of the Mortp6or to repau and ma~nta~n ~e:d ;•~per- ~ ty, ~he ~tortgaEee may, at h~s opt~on. make such repa:rs or cause the same to be made, and ad~~ance moneys m ihat behalf. ~ 1 Ta p.> ail and ~ineular the tues, assessments, le~~es. I~ab~l~cies, and obl~~atiaes o( every naturc on sa~d descnbed p:operey each k ~n.: er~' ~hrn ,'ur and pa)able aecord~na to law~, befwe they become delinquent, and tn dclever to the Mortga~ee on or beiore ~IercA i i~±f~ ea.h y~ar taa rece~pt~ ev~dencins the pay'ment of all lar(ulh impoced taxes (or thr precedma calendar year, to ~ndemmty the ~ S1~x[6.6ee upun h~s demand tor all u:es, asses~men~c and charaes tAat may be assessed upnn this mort~a6e on the mdrnt:dnec+ ~ ;ured htrrby~, and paid ~y the mortEaRee, n~thcwt re~card to any law herctofore enacted or hereafter to be enacted ~mpos~nE ~.~~m~nc o: the wk,~lr nr an~ ~art thertuf upon the \tortEaeee. ~ Id~ 1~~ay .~I1 and s~nEular the cosls, charg~s and exprnse~, ~nelud~ng iawyen' fees and abctract co=ts reasonably ~n:urred Da~d .~n. ~im.r by thc \tor~~aEct because of the (ailure on thc par~ of the Mortgaaor to perform, camply ~~~th and ah~de by ra.h and :rr~ the ~I'~91~:d111~fl~~ agrecments, cond~t~ons and covenants o( said prom~ssory note and th~s deed, ~x e~lher, and evety such~paymrnt nrar .r.rc~..t frorte date a~ ihe nte ot ten UO"e) per crntum per annum. • ~.~i 1: further ~ovenanted and agreeJ by sa~d part~es that ~n the e~en~ ot • sui[ br~ng ~nst~[utrd to foreclox th~s rr,ortEag~, r~c \t~~•t- gagee .hell he mt~tled to apply at any ume pending .uch forcclosurt suit to the court havmg iur~.d~ctuxi therea( (or th~ app~•~nTnen~ ~ .+f a recr~.er of ail and singular the mort~a6ed property, and of all rent~, ~ncomes, prof~ts, ~ssues and revenues thereof, from .hatsoc~er ~~~urcr .:rriord; and thereupon ~t ~s hereby e?prccsly covenanted and agreeQ that the Court ~hall t,~rthw~th app~~ir.t -u~h rece~+er r~th ~ !ht u~uel powerc and duhes of rece~vers in I~kt case~, and said appo~ntment sh~11 be erade by the cou~[ es a ma:ter .~f ti~nr n6At io ~ .hr \t~~rlgagee, and w~thout te(crence to the adeqw•y ~nadeqwcy o( the ralue of the propcr!y herc~y mo:tE~EeJ, ~~r ~u the ~~~~:eni• .~r ~n.~.l~ency of ~he Nw~sa`ors or any other party delendant to such su~t. The Mort6agor hercA~ speci(ically Ma~ves lAe n6ht tu ••~~.-i = to thr eppomtment o( a receiver ac aforesaid and h~reDy rapressly consents tAat such appo~ntment shall be madc as an admutcJ e.~ ~ and a. a mattcr of ab.olute n`ht ~o ~he M«~~aEee and that the same may be done w~tAout not~ce to the ~tort~agor. 1~ 1 1.` for..l~.sure pr~.ceed~n~s should be ~nshtuted aga~nst the properry covered by th~s mortgage upon any other hen or cl~i~ .he•Ae• ~ altcged to Ac .upcrior or jun~cx to the hen of thu mat6a6r, the Mort6asec may at h~s ophon ~mmed~a[ely upor. ~n.tiwtion ~i ~u.h .u~` or dunn6 the pendency thereof declare th~s mextgage and ~he ~nde~tedness secured hereby due and payabtr :~r.thw~th and m.:y a• ' - upuon nroceed to fMeclose thss mortSaEe. Thn~ the \1ortEa~or r~ll keep all real and persona! property nov or hereafter encumbered by the t~cr. u! :hiti mo:tg~gc in.urc~ ~ay ~ Ac requucd (nxn hme to hme by the Murt6aaee agam~t loss by frte, M~nJst.xm and other hazard~, ce~ualue. ~Rd .onunEennc~ t• wcF ~ q•enod. and ~rx not lecc than such amounls ac may Ae requ~red by ~hr llortaa6ee and to pay promptly .hert dur al! pr-m~u^~. .uch ~K. +n~JfJOif. TIIC am~~unt. of ~nsurance rryu~red M thr ~lortgaRet shall b^ She min~mum amountc t,.r rhich ~a~d an~urm~e ~~.,II h~ n ~ ~ ,r,.: ~hall be in~umbent upon the \tort6agor io ma~ct~in .uch aCd~T~onal ~nsuron.e r. may be nrc:"a•• :~eet an.: .~~R,!• `.~t~ +:~h i~; ,~_ir,~urance r~yuirearnt~ eont. ~ned ~n ~aid p~•li.u~ t~. the end that tAe .a~d ~1cx:Ragot a.o-~nsuror !heccunJer.l^ ur.n~r ~ +r~rtcn a ~nmpany nr ~r:pan~r. .~pprnye~ rr dt•~gnatcd by [ht \I;•rtgagee anS all poli~:r~ .~nd rene.~t. 'fic:rn: .tie~. hci,; ~ cn: \t~~~~gagce. ~11 ueta~ied de.iEnet+o~• h•. !hr ~I•'tf~LiRnf 'AFItl~1 are acc~;ttd by tht Nor~grRrr ar..7 ,:1 .~grcem~~t. octaeen \t..'•~eaF;c end ~Iwe~c~Rec rel~t~ng t~~ ~nsuranct, noM eai~t~nE or herea(tct madt, shall be ~n Mnting and sha11 b~ a part of •L~. ^~nraa~ec aer~ er ~-t ~ f as fu:l~ e. ehuuieA ~c[ inrth verba~im here~n and ~h~11 gnccrn bo~h parhes hereto and thesr suc.<<. anJ ass~¢n.. \u I:,^ ~ ~ ~a~d p~~lic~r~ ~.f inwr~nce or upon am• refund ex rerum prem~um wh~eA may be payable cm the can~e:~e~:on or rerm,r.aeion ~h~r- •,~hal! ~ nc E~ven s~. .~~h.• :hen ~hc ~lortga6ee. rxcep; Ay pr,~re~ enAorsement affi:ed to such puli:p aoQ apprnved by 1lmtgagc~. Ea..". . mcurencc .P~;? .r •t!~a:d thtrero a Standard \cM 1'ork \1nrt6aset Clause +:shout Contnhu :on, .^+ak~ns all lus~ ••r ' ~~~r~ un~:`r ; wt p~~ls.. pa>ah1_• v„ ~hc \latpgee a~ ~ntercs~ rnay ~ppear. In thr ~~ent any sum or sums of rr~ncy heiome paYa~' .reu^.ler " K.~.;r~- .h,,l~ h~._ ehc ~pt~on to re.e~.r and appl> thc .ame on u.ount of the mdeMeAness Arrcb~ .e,.red. ,:r : to r...~~.' ,:nC _.1 it. .x ans part [hereu(. wrthout tFerrM1> wa~~ing o~ ~mpa~rina dn} eQu~1y. I:~n. ez rtFht ,,n;r• . , m~•r~g~ge. (n c~.n• ui In» u: MYsical d~magr ;o cA~ m~rtEeg~d ptop~rty tht Vort6a~or ch.{{ z:~c ~~-cd~atc n~r•.~: ~ ^ th: VorlEaRee .~r~d the ~1ott~taEcc m.~v rnak~ pr,~~~t it tt~r camt not ~•~dr promp~:~ b~ 'Ar 11~,:!~..R~~~. Ir. .~_r; t„!r. 90RK~V~ N:'i:;~~~~ ; ' ~ . _ ~-w. - ~ . - : , ~ ~ ' ~ ~ ~ ~ ~~.~~`~~~r.. ~ ~ ~ - ~ ~r _ : . "'~-~~#~~``~d`~~~~.~:: _ . .