HomeMy WebLinkAbout5778 ~~li~ ,J ~,~T~l '8
PRl1VIC)t~.11. AI.NAYS, that if the ~turtg~gur ~hall pay unt~~ ihe \bttgagr~ thr indebt~dnrss rv~J~nced by a
cttta~n pnHn~.sury nute ~d v?hi~h th~ folMw~ng ~n wurJ~ and (igures ~s a true c~~py t~~-N~t:
!
:
7~!!s~'~'~a 7~i~ts 'i ~
75 00 Fort Pierce. ~.~;d, December 30. l9 72
FOR VALUE ItFCEtYED ~ a'O1R1t ~O
to che wder o! ELI T. KURLANDER ND SHEILA R. KURLANi~ER HIS W FE
ch~ princ~p.l wm of Two Thousand Four Hundred Seventy- f ive and d~ . , to~che~ ~i~h incaea
thcr~o~ twm date at the nte o[ w pereent, pet a~nwa until e~atmiq, both peinapal and ieterat beie~ payabk in lav?ful ma~ey o~
th~r United Stata at 22~4 Baeayne Blvd., Miuni. Fla~id~. or at weh otl~ pl~ct a~ dx hdd~ts he~o! m~' desi~"~k
Pr~cipal and intetrat payabk i~ i~b as tolioas:
Fifty-five ($55.00) Dollars per month, beginning on the 15th
day of February, 1973, and continuing on the lSth day of each
and every mo~th thereafter until paid in full.
TAis note may be ptep~id in wlwle ar ia part atter ona yaar fran tbe date bereo~ upoe payd~ent of a penalty equivalent
~o f~ve percent of the principal sum prepaid.
Each inataliment p~ynitet ~hall be ce+edited Cn~t on tl~e interat due, a~+d die ~ on Pri~ipal: and inteer~t Khall the~e-
upon ceaae up~x~ the principu ao ee~edited.
The makeis and endonets of this note fuetlkt +~'ee to waire demand. notioe ot -payn+ent and protest, and in the event ~nit
shall be bcought tor the cdkction hereof, or the s~me has to be ed{ected upon deaund~
o[ an attocnry, to pn? ttiasonabk attorncy's
lrr~ [or makin6 aueh cdkction.
Defeered p~yments hereunde~ d+all beu interest at du rate of ten percent pet annum feo~n maturity until paid.
_ 7'his note is ~eeu~ed bp a a~ort~6e of even date haerrith and 'r to be eo~bued and enfaeed accardin6 to the taws of d~e
~tate of Florida• upon default in the p~ye~ent of principal andlo~ interest when due. the ~+hok ~un+ ot pr+m'~pd a~d p+~eee~t
rrmai~in~ unpsid shdl, at the optiou oE the holders, beeo~ne ~nunedi~teh? due and Pn?
- ; i• . ~ * ti=C~t~t ~ (SEAL)
y~~-- -
_ (SEAL)
~r~.l shall perform. cumply w~th and abide b~• each and e~•ety the stipulat~ons, agteements, conditions and co~•e-
' nants ot sa~d pramissor~• note and ~f this deed, then this deed and the estate thereby created shall cease and be
i
null and void.
~ 1. The htortgagor hereby co~•enants and agrees:
(al To pay all and sin6ular tht pt~nc~pal atxl inttrest and othet sums of monty payaale h} v~rtue of sa~d prom~s~ory note and t~s
I
~ deed, or c~iher, promPtlY on ~ht daYti resprcuv~ly the .~me ceverally becorr.es due.
; 1b1 Tu permit, ccxnm~t ur suffer no waste a~d to ma~nta~n ~hr ~mpruvements at all umes m a sUte of good eepa~r and cunduion, and to
do or perm~t to he done to said prem~ses nothmg that w~ill alter or chan6e the use and charactet o( sa~d property or m any way ~mpair or
€ weaken the secunty of this mwt6ase. AnJ m ca~e of the refusal, neglect or inability o( the Alortga6or tu repau and mainta~n saiJ proper-
ty, the MortgaFee may, at h~s opt~oa, make such repa~rs or cause the same to be made, and advance moneys m that behalf.
i
~ (c) To pay all and singular the tases, a~stssments, lt~~es. I~ab~lrtus, and ob66aaons uf every nature on said described property eacA
~ and rvery ~hrn 3ue and payable accord~ng to la~, hefore they become delinquent, and to del~ver to the ~lortgagee on or bei~xe Alarch
~ ~5~h of eac1+ year ua receipt. evidencmg thr ~a)'mem of all law(ull) ~mposed ~aaes tor the prccedin6 calendar year, lo mdemn~fy~ the
~ Atort6aEee upon hi. demand for all u~es. a>~escments ani chacges that may be assessed upon th~s mwtga6e on the mde te ness
:
cured herrby, and ~+a~d by the murtgagrr, w~thow fCF~tA to any lar herctofore enacted oc herr~fter ~o be enacted ~mposing ~ayment o:
~ tht v.hule or am~ ~art thcreuE up~m thc \1~~rtEagee.
? (d) To pa> all •tx1 v~nEular the coct~, charge+ and c~prnsr~, mclud~ng lawyers' fre~ nd absttact co~ts reasonably ~ncutred or paid at
~ an~ umr by thr \I.Kt~tagce brcau:r uf the Ia~Iure on ~hr part ot thc \fortgagor to prrt rm, comply w•nh and ab~dr by each and every the
a 1I1(1UIJCItM1~ eErcemrnts, cond~t~an. and covenants of .a~d prom~ssory note and this d ed, ot erther, and ecery such~pa~mrnt shall bear .
a mtcrcst frum J~te at thr rate o( tcn 110':l prr centum prr annum.
~ le) 1; ~s (ur~het covenanted and agrrrd by .e~d parhes that m thr e~rnt of a au~[ bt~ ~nsututed to fotrclose this mortgaRr, tne \tcxt-
~ gagee ~hall M1e tnntled to apply at any t~me pendin6 sucA foreclosure w~t .o the cou~t heving ~unsdocuon thereot fa the appomtmenf
' ut a rect~~cr of all and ~~nEular the mortgastd pro~+erty, and o: al! rem.. ~ncomes, prof~ i ~ssues and re~~enue: thereof, from whatsoeter
~ s~.urcr 3en~ed; arxl thereupon it u hercby eaprc~.ly co~enanted artd ~greed tAat the~rt .hail furthw~th appomt such rcce~ver w~th
~ thc u>ual po~~ccc and du~~rs o( rcccner. ~n like ~a.r~. and ~a~d appointment ~hell be~adr b>' the c~~urt as a matter of stnct nght to
!h; \t.•r.gagrr, and without relerencr tv the adrquac) inadrqwcy ut the ~•alue ot thr p~o~nrty hertby mnrtgagtd, ex to the .ohency
~
~ or incol~ency thr ~t~•~tgagor. .:r ~ny r~ther part~ dr:rndam to ~uch .uit. The \lurtga6or h~reb~ spe~i(~call} +a~~es the r.gh~ ro ob~rc~
~ ro the •ppointmem of a rccen~er a. afwe.a~d end hrrch~ rxprtssly cunsrnis that such appu~e~mem shali be made a~ an admittcJ eqmly
~ and a. ~ mattrr ~~f ab~olute nght to the ~lortgagcc and ihat the .artx may be dnnt uithout not~ce to ihe ~lurtgagor.
~ (f ) 1; '~~re.l~~wre pnnecdmgs :hould ht ~nat3tuttd againtt the propttty c.~.ered by this mottgage upon any~ other lien ut cla~m whether
~
?ltegtd to br .upcnor or }unior to the Sun of ihis morLgast, the Alotiga6te ma~ at h~s oppun ~mmtd~atelp upun ~n~:~tuuon of .uch wrt
- c.r Junng ihr pendency thercof declare th~s mextgaEc and the mdebtedness secured hereby due and payable t~.rthw~th end may at :s.
- ,ptson procctd to (ixtcluse th~c mcxtgrge_
r~ (g) That thr ~lurtgagur x~1i keep all real and pen~~nal pruperty noF or herra(ter encumbered by~ the I~rn uf :h~s m~~ctgage intiured as may
bc reywred :r~m .m:r t~ t~me b} the 1lortgaget again~t losc by f~rc, w~nd.t~xm and oth:r hazards, ca~ualtus and c~mi~ngenc~c~ (nr ~u~h
~ pencxic and t~x not i~.c than such amuunts ac m~y he ~equircd Dy~ the \~ort6a6ee and to pav p:omptl> +hen due all prem~ums (or ~uch
g'9 ~n.uiancr. Thc amount~ uf msurance rcy~ued A~' thr \lortga~eer .hall be the mm~mum amuunts (ur whxh ~aid ~nsu~anct +hall Ac a~tten
en3 ~t .ha11 be mcumbcnt upon the ~tortgagut tc. ma~nta~n .u.h add~Uonal ~nsurancc a~ may h~ ncic>sar> ta meet and iumply full~ aoth
~
" a~1 ca~n.uuncr reyu~rementn contam~•d ~n ~~iJ pol~i:e~ to the end :hat the .a:d ~tortgrgcx i~ not a co-~nsuror thereunder.lnsuran~c
.hall br wnnrn by a compan> ix compan~e~ app~o~rd or dc.~gn~~ed by thc \lortgagee and all policies and renewals ~hercof .h~ll h~ heiJ
' by thc ~turtgagee. All Jeta~icd de~~gna~~o'.~ hq the ~1~Ktgagor ah~ch arc a~cepted by the S1ort~aErr and all agreement~ between \furtgaeor
and Mortgagee rciat~ng to ~nsurance, now cxsUnE nr hereaftrr made, shafl be in +nt~ng and shall be a part ot th~s mortgagr agrcem~nt
as full) a. though set tcxth verbahm herem and shall gcvern both parues hereto and theu succecsors and ass~gnc. No I:rn uMn ~n~ uf
sa~d po:~c~e~ of mwrance or upon am' re(und or rcturn ~x.-m~um which may be payable on the cancellatu~n or trrm~wtwn thereof, .hall
5; nr g~~en to uther ~han the MortgaEec, eacept by proper cndursement affi:ed to such polic}' and apprnved by 1lottgaget. F.a~h pol~~y
~ncuunce sh.lt hace a(fiaed thereto a Standar3 Vew York \1wt6a6ee Clause ~~thout Contnbutwn, making all los~ „r lo+.e~ undrs ~u:h
~w w~n~~ ;~yantr t~~ the ~lurtgagee •s it~ in~crrst may appeat. In thc event any cum or sums of moncy becomc pa)'eble thcrcundc~ shc \t~~rt-
gegec ~ha:l ha~c thc oytion to rcir~~r end apph the same on ac.uunt of tht ~ndebtedness hcrebq ~tcuted, or to permit the \1~~r!~ear~~r
> B D R V Y. ght unJrr and ~y •.utuc n' •h~~
to recc~~r and usc ~t, ix any part thcrco(, Muhout thcrtb' ranin or im ainn any- c urt I~en, or n
rtxrtgage. In et:~nt of loss or phys~irl damage to the mortgaged propert} the ~lurigagur shall Enc ~mmed~ate not~~c thrrrr.f by
th~ ~tw:~eagre .,rr1 ~he ~lor!gage: mac mrAc pn,~•; ot 1~... ;f tnr .amc i~ rot Trdr pr•~r~ptl~ thc \1~,r~gegur. In e~_n? ;~.rc.i,.•urc ~rf
~ OP p
BOGr ~~~r ~ ~~~'7
.
;
, _
~W ~ ,
_ _ .