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Home My WebLink About2026 J~act & Title Corp. ot Fiotlds I'Rl1VInEn, ALwAYS, th~~ it the ~brt~~~or shall pay w?to the Mort~a~es ths ~ndsbtedness ev~denced hy a ~ettain nrum~.s~irv nute ~~f which tAe followint w~xd: and fi~uces ~s ~ trde capy to-w~t: ~j~'~~ 1 = 1, 625 . 00 Fort Pierce . F~a;d~ November 22 , 7_ 2_ FOR vALUE RECEIVED ~Je, jointlY and severally, ~om;~ i„p,y to the orde~ oi LA~JREI~CE F. HOFFI`1AN the principal s~m of On~-' Thousan S ix Hun re Twenty- ve an . RS, togethet with intuesl theroon from date at the nte o[ ten percent, pet annuru uotil maturity, both principal and intereat bein~ p~yable in lawiul money o( the U~ited States at 2244 Biacay~e Blvd., Miami, Florida, o~ at wch other place aa the holders hereot may designste i~ writina. Principal and intercat payable in in~Wlment~ at [ollows: Forty ($40.00) Dollars per month, beginning on the 15th day of ~ January, 1973, and continuing on the 15th day of each and every month thereafter until paid in full Th~s note may ~e prepaid in whole ot in part after one yeat ftom the date heteof upon payment of a penalty equivalent to (rve perceet of ihe principal sum ptepaid. Each in~tallment pay~rient ahall be cadited first on the inteeest due, and the remaindcr on principal; and interr~t •hall t6e ~ ~ n cease upun the Ptincipat so credited. - 'f he makcrs and endocse~s of this note futthe~ agree to waive demand, notice of ~on-payment and protest, and in thr. event suik ~li 1 be brought tor thr collection hereof. or the aame hag to be collected upon demand o[ a~ attomey. to pay reasonable attorn~ a~ fe (or making euch cdlcctioe. Deferred payments hereunder shall bear interest at the rate of ten percent per annum fwm maturiq until paid. 7'hi~ note ia recured by a naKga~e of even date herewith and is to be conatrned and enforced aecordin~ to the laws of tl+e ~tate oi Florida; upon detault in the paymcnt of principd andJot intsreat when due, the whole wm of principal and i~teted rrma~ning unpaid shall. at the option of the holdees, become immediately due and p~yable. , ~ ~ - ' (SEAL) ~ . S i ,f . / ~ , - / ~ - ~s~~~ ar~J ~1~:+11 ptrform, comply w~th and abide by each and every the stipulations. a`reements. conditions and cove- nan~~ of ~a~d promissory note and of this deed, then this deed and the estate thereby created shall cease and be null and vo~d. ' 1. The I~brtgagor hereby covenants and aarees: (~1 To pxy all and sm~ular the prme~pal ~nd intercst and other suma ot money p~yable by vittue M s~id prom~ssory note and th~a deeJ, a e~ther, pranp~ly on the days respect~vely the same severally eecooes due. i l~) To ~+erm~t, comm~t a su(fer no rraste a~d to ma~nta~n tAe ~mpcovemeata ~t ~11 tisea in ~ state of sood repair and cond~i~on, and to ; do ~u perm~i to be done to s~i6 premues aotAin~ tAat ~rill slter or cAanit the we tad char~cter of s~id property or ~n any ~ay ~mpau a ; w~caken che secunty of [Ais a~ortqse. And ia case ot tAe refusal, ae~leet or ieabilitr of ths hlort~~sor to repair and maieta~n sa~d proper- ' ty, ~he Mort~iEee maY. ~t his op~~oa. make sucA repairs or c~use the a~me to pe o~de. and sdranee moneys in tAat beAal[. p ) To pay all and ~in~ulu the taxes, assessmena, lev~es, I~abilities, and obliptioas ot erery nsture on s~id described proper~y eacA ~ rnC r~ery Mhen due and payaEle :ccord~ns to la+~, before they becane delioouent, ufd to deliver to the Mort~a~ee on or betore March g IS~h ot cacA year ux rece~pts endencin~ the psYment o( ~11 la+fully ~mposed t~aes for the preeedin~ ufendar yur, to ~ndemmfy the ~ ~1«t`.6ee upon his dem~nd tot all [aaes, as~essments and char{es th~t may Se ~ssessed upon this mat~~~e on the indebtcdness ~ured herrby, and paid by tAe mort~a~ce, •ithou~ re~ard to any 1~~ heretofo~e en~eted or 6ereafter to De enacted impos~n~ ~ayment o: ~ ~he Mho!c w any .vrt tAereof upoe the Mort~a~ee. (dl To pay •11 and a~n~ular the costs, char~es aed expenaes, includ~n~ Ia+ryera' tees •nd aDatract costs reasonably ~ncurred pa~d a~ ~ny ~~mr hy the Mor~daeee because ot tAe fa~lure on the part of the Mortp~or to pet(orw. coa~ply v~tA and ~b~de by esch and every ~he .i,pulat~cx~s, a~eements, caM~t~ons and co~en~na ot s~id prosisaory note and this deed. a eitAer. and every such'p~yment shall bear ~nure.i (rom da~e at the rate of ten t10'~) per centwn per annum. • lrl 1: ~c fur[her covensntcd and a~reed py s~~d part~es th~t in the e~ent o[ ~ suit beins insUtuted to foreclose th~s mortiate. ~he 111ort- 6a~ee .hall De eM~tled to apply at any tiiet pendin~ sucA toreclosure suit to the eourt Aavina jurisdict~an ~hereof tor the appo~ntmertt o( a rece~.er of alt and sin~ular cAe sorts~~ed property, and of ~11 rents, iecooiti. ptofiU, ii~ues aad rerenuea tAertof, fros ~rh~tsotver ,ource der~ved; and thereupon ~t is hereby expresily covea~nted and a~teed th~t tAe Caurt sh~ll (orthrith appoint such receiver +~~th the u.ual porera and dutiea of receirers in like csses; and sa~d •ppoietment shall be m~de by tAe court as a macter of striet ri~At to ~hc !11cx~~a~ee, and ~ithout referenee to the adequacy or inadeQuaey o( tAe valut ot tAe property hereby mat~a~ed, cx to the .olvency or msolveney ot the Mortaa~as or any other party defendant to such suit. The Mort~~{or hereby specd~cally waives the r~~ht to ..b~rc ~ ~o ~he appo~ntment of a rece~ver a(ores~id and hereby eapressly conaents that sueh ~ppomtment sAall be made as an adm~tted eyu~~y and ac a m~tler o( absolute r~~ht to Ne Mott{a~et and thst the ssioe may be done ~rithout notice to the Nort~aior. If ) If fore.losuro proceedinp should be instiwted a~ainst the aooerir eorered by thi• mortp~e uoon any o~her lien or cla~m wAether ~s alleaed to be superio~ or jun~a to the lien of this mort~a~e, the MortpLee may ~t his opuon immediately upon mstituba~ of such su~t or duno~ the pendenc7r tAereof declare tA~s mort~s{e and tAe indebtedness secured hereby due ~nd p~ysbte tortAw~th and may as ~tc opi~on proceed to taeclose tA~s mat~a~e. l~l Tha~ the Mo~tsa{or r~ll teep all re~l •nd personal property noo w hereafter encumbered by the lien of :his mort{a{e ~nsurcd as may ~ be requued fram ume to time by the Mort~a~ee a~a~nst loss by fire, ~nndstorm and other A~zuds, uswlues and conun~enues fur such period~ and ior not less than such •naunts as mry be requ~red by the Mortp~ee and to p~y promptly +hen due all prem~ums ~a such ~ ~n.u~ance. the amounts of ~nsursnce reqwred by the Mort~~~ee shall be the mm~mum amounts for ~rA~cA ss~d mswance shall bc ~nnen ~ and ie .hall be ~ncumbent upon the ~lortptor to ma~ntain such sdd~t~onal ~nsurance as msy be nececsary to meet and compty (ully w~~h ~ .:1 co-~ncuronce requutments contamed ~n sa~d pol~c~es to the end thst the said Mortp~or ~s not s ewmsurw thereunder.ln.urance ,hell hc Wr~tten by a comp~ny or compan~es approved or des~~nated by the Mor~{a~ee and all pol~aes and renewals ehereof sha11 be hclJ Ay ~he \tmt~aste. All detailed decttnation. by the Mott6sLot r'htch are accepted py the Alort~atee and all asreementc bet~een Atort~aEo~ ~ and Mor~sasee rel~tm~ to msur~nce, nor ea~sUn~ or Aereaf[er made, sA~ll be in vtitin{ ~nd sAdl be a p~tt of th~s mat~a~e a(trcement ~ as fully as thou~A set forth rerbat~m htrein and shall ~orern boM p~rties hereto and their successors ~nd ass~~ns. No l~en up~.n any nf said pol~cies of rosurance or upon any retund or retum prem~um rhieA may be p~Yaele on the c~ncell~Uon or ~ermmauon tAereof, .hall ne ~~ven to otlfrr than the Mort~asee, except by pruper endorsement affiaed to such pol~ey and ~ppovtd by Mot~~a~ee. Each po!~cy ~t ~ msurance snall have af(~aed tAereto a Sqndud Ne• York Mortp{ee Cl~we w~thout Conu~buuon, makin~ ~II loss or losses unJrr .uch pol~cy payable tu ~he Nottp{ee as ~ts ~nterest m~y appe~r. In tAe event any sum or suss ot money become psyablr ~1:ereunder tnc ~t~~rc- gagre .h~11 ha~c the opuon to rece~ve and apply the s~me on accomt ot tht indebtedness hereby secured, ot ~o prrm~t tAt ~t~rt~~r~ r ~o r.crivc and use u, or any part thereot, rithout thereby vaiv~n~ a~mpa~rir?~ any eqwty. {~en, ot n{ht under and by .~~rtur u! ~h~. mur~{ase. In e~ent of loss a pAysic~l damast to the mort~a~ed property tht Mott~~~or shall ~~ve ~mmed~Ne not~ce thereo( b. t.~ ~Ae ~1ort`asee and the Mort~s{ee may makt prouf of lo~a d the s~mt ~t not madt promptly by the \1ottEa(tor. 1n tven~ n( (t.rt~.•~~urr nf ~ ~ c :..V. ~ . ~ ' ~ ' ~:~U ~ _ - ~ < ~ ~ r y~ S'e~ ~_~...=c y n=~G ~a_ _ .2 _ _ .,.v.. ~ ~~.t~"~~~ a~ r .