HomeMy WebLinkAbout5781 ' ~ Atistr~ct & Ti+le C~~~~. of Florida
1'R~?~ I(11•:11. :~I.NAI that ~f ~he \turtg~~~~r .hall p~y unto the Vnrtea~ra thr ~n~ebttdne:~ r~ ~Jen~rJ h. a
. rrta~u ~~r,~uu..~~ry nute ~+1 which the f~11~~M~ng ~n wutJ. and f~sute~ a trur c~~pv t~-w~t
~dH~~~ ~
s 3, 575.00 Fort Pierce . FI«;da _ December 28. _ t9_ 2
FOR ~I~1~.L ? \TT [~If~ w~• . ~ ' ~ it/~~TTl~ AT R111T QC
i\1J
J.~ 1 ~~Z~~~L `
to tFf! O~t[ O~ P
the principai wm oi ~ - ifl~L~~ , thet with intetest
theroon [wm date at the nte oi ten percent. pa annum u~til mawrity. betl+ prineip+~ ar~d intercat bein6 payabk ie lawful mo~ey oi
the United Stata at 2Z44 Bacarne Blvd.. Mianti. Flocida. or at wch othee place as the hdders hercot may daignate in writin~.
Pnncipd and interest piyable in uutallmenb a~ tdbas:
Sixty ($60.00) Dollars per month, for sixty (60) consecutive months, on
the 15th day of each and every month, beginning on the lSth day of
February, 1973, and continuing until the lSth day of February,1978,
at which time the balance shall become due and payable. -
Thi s note may se prepaid in wlwle or in put after one yeat Irom t6e date hereof upon payment of a penalty equivalent
~o f~ve percent of the principal sum ptepaid.
Each installment paYnient shall be cadited Grat on the intecest due. ar~d the remainder on principal; and interr.t ~:hdl thete-
upon cease upun the phncipal w tredited. p
The makees and ~ndoners of thit note fne~ther a~ree to waive demand. notice of non-pay ment and protest. and in thr event aut~.
~I~all be brought for the cdlcctioe henof. or the same has to be collected upon demand ot an attorney, to pay reasonabk attorne~?'si,j
(rr~ fa makin~ wch cdkction.
DefeRed paymenb hereunder ~hall bear intee~est at the rate o[ ten percent per annum from maturitp until paid.
7'his noee is ~eed by a mort~e of ~v~n dat~e h~~~ and u to be conatrued and enfaeed aeco~di~ to the laws at tbe
~~ate of ~lorida; upon det~lt in thepa
yment of peincipd andlo~ intu~eat wl~en due, the whde wim oi principal ued interat
rrmainin6 unpaid ~ha11. it ehe option of the holden, betome inunediatety due aad Papabk.
~ i
i - t :t
~ ~ ~ (SEAL)
..e; ~ .e~''a- y~ (SEAL)
1
;,;,.i .:..~ft prrl~~rm, cumply with and abide by each and e~~ery the stipulat~ons, agreements, condition. an.: c~~«-
'f nan~. ~~f .a~d promissory note and of this deed, then this deed and the estate thereby created ~hal! cease and hz
; null and vo~d.
l
~ I Th~ ~lurtgag~~r hereby cu~•e~ant~ and agrees:
i
! i,~ 1:, p.~y .II ~nd s~ngular the ~u~nc~p~l and murest and other sumc o! montY Dayable hy wrtue of sa~d p%om~.suty ~~~.c ..nJ +
; .!rrd. .~r euher, ~xomp~ly on ~he day. respect~vely ~he same severally becomes due.
E
~ 1 ~crm~i, cwnmu ur ~ufter n,~ Waste a~d to munum the ~mprovementa at all pmes ~n a sta~e uf soud repa~r and cunJ~tn.r, ,,n.: ~u
? d,• r;,, •T:~• he Jone to sa~d premises noth~n~ that r~ll alte~ ar chanse the use and chancler uf ~~~d propeny or +n any M~. ~mp.u ..r
~caken tt~, .ecunty of th~s rtwrtpEe. 4nd ~n case of ~Ae refusal, ne{lect or inab~l~ty of tht Mortta~or to repau and ma~nte~n ~~:d :•~;~er-
f ~hc ~1~a~eaEee may, at h~s op~~un. mate such repaus or cause the same to ~e made, and advance moneys m ~ha~ behal(.
f ~ 7„ pa~ al! ?nd s~n~ular the tues, assessments, lev~es. I~ab~l~t~es, and obl~~auons oi everY nature on sa~d descnbed proper~> c~.'•
~ ,n~ cry when dur and paysble accord~na to lar~, be(ae they Decome delinQuent, and to del+ver to tAe Mortsasee on ex Dc~orc Nerch
~ l~th nt each year ux rece~ptc ev~dencm6 tAt payment ot all lar•tuf1Y ~mposed taaes for the precedms calendar year, ~o mdrmn~~y the
\t~x~a.sec upun h~s demand tor all uxes, assessmenu ami chu~es that may be assesscd upan th~s mort~a~e on the ~ndcM: dnc:.
~ :urtd hr:rb), and pa~d Ay the ma~saeee, +~thout re~tard ~o any LW heretofae enacted or heres(ter to be enacted ~mpoainE ~a.m~ne o:
~ ~Ac +h.~tr ~.r ~nv ~art thereof upon ~hc !11~rtEa~et.
~
Id~ 1 ~ ~L .,Ii and s~nEular the :os~~, charges and e.prnces, ~nclud~n6 lawyers' fees and ab~tnc~ .o=ts reasonably incurrrd p~~d
s .c. •;Tr n~ chr ~faidaEee because o( the (ailure on th~ part o( the MostRa`or to perform, compl~ ~r~th and ab~de by ~a.h an1 :rn ;ht
~ -i•p~.~r~~~n~, agreements, cond~t~ons and corenanta oI sa~d prom~sso~y note and th~s dted, ot e~tAer, and evety such paymeni ~~or
~ nr~.,.i tr~~m date at the n~e of tcn 110~.) per cerctum per annum. •
s
~ ~ 1: i. further covenanted and a6reed by sa~d D~rt~es that ~n the event ot a smt bem~ insututed to iorrclose th~s mortEa6~ .'~c ~L •T-
~ g~gec ~hall he entNled to apply at any t~me pend~nd .uch taeclosure surt to [he court hav~ns ~ur~sd~ctux~ thereof for the app~~in~nen~
~ a rc.-~.er of all and ~meular the mwtsa6ed property, and of all rent~, mcames, protits. ~ssuea ~nd revenues thereof, (rom +hauoc•er
.~~urc. drnsed, and thereupon u ~s hereby expressly covenanted and a~reed that :he Court chall f.,rthw~th appo~n; ~uch rcce~.er v:i~h
~ ihe U~'~dI poWrrc and Jut~es of recei~•er. ~n I~ke case~; and sa~d appo~ntment shall be made by the .ourt s mat~er ~•t .~nc' r~~hr c„
h~ \1~~rtgasee, and Mi~hout reterencc ~u the adeqw~y u! made~uscy o( the ralue ot the properry hrreby m~xt~~Ecd, .~r :nc .~~t•.r.a .
~ ..r cn.~~l.cncy of ~he ~1or~gasors or any other par~y delcndant to +uch su~~. The Mort~a~or hetcb~ speci(i:ally wa~ve. t~c ngh! .
' :o ihr .ppo~ntment uf a rcce~ver as afwesa~d and hereby eaprecsly consents thst such appo~n[ment shall be made as an adm~llr.l r,~.'.
and e. e mattcr of absolute n~ht to the Alortpsee and that tht same may be done w~thout notice to the Wonp`or.
- 1 L t~~r., f„~ure pr~weedm~s should b[ ~nsututed aga~nst lhe proper~y co~ered by th~s mort~a6e upon any other lien or ,1~~r~ •hc•
,{!~•~eed :0 1+r .upenor or jun~or to tht I~en of tAis mort~ate, the Mort~a~ee may at h~s ophon ~mmediately u~n ~n.tituUOn ~u•h ~w~
: nr dunn6 thr pendency thertof declarc Ih~s mex[`a`e and Iht ~ndebtedness secued hereby due and paYablc t~.:th+~th and m.•s ~
optwn pmc~[J to forcciost th~s morl6aEe.
~a ~~y. Th.c the NortEagor r~li kcep all re~l and persona! property no~v a hereaf~et encumbered Ay t~c i~en uf :h~~ mortgaec ~n.urco r. T~..y
- hr r:~unrd Srmn ume t~. umt by thc ~torlEagee again.t Insc by f~re. ~~nJ,~~xm and oth:r halard~. ~a.~alLe. ~~d ~ontinEcni:r~ !~-~,..h
~en~d. and ~M not lesc than such amour.ts ac m~y be reQuued Dy the Mort~a~ee and to pay promp~ly •hen duc •I! prem~u^i. -u:h
_ n~ui~n:r. Thr amount+ o( ~nsurance reyu~red A~ ih:~ ~1n~t~aEee shall be the min~mum amoun~c L,r ~h„h ,~~d ~n.u~•n.r .h,,;! . ^
,n~ :.he11 Ae ~n~umbent upon the ~fort6agor to m.inta~n .uch add~honal msurance may be nrc:"..r~ c,, me:t •na .~r-p:•. ,.~h
,o-in~unnce rtyuiremenu cont.~mrd m aa~d pol~~~e~ ?he end that the ~~:d MartEa~ot oot a co-~nsuror thercundcr.l~-urrn«
t;: ~.rir,en ~ company or mp~n~r. ~pprmed de~~snated by the \1~rt~a~ee and .I1 pol~c~r~ end rene..l, rherc~~! •~~i: t.c'..
:\t ~r~gagcr. all detailc3 de.~snat•o~. n• ~hc \1~,nKagor ahich ate accepted by the Mott6aEec ~nd a:l a6rcerr.e~t. oetMecn l:• .T~.E.,.
~nd.~t.r. i~c~gec rclen~g t~~ ~nsurance, no~ cxutinE or hereafter made, shall be in yr~hns and snatl b~ a part o( ih~. mnrtgagc rKrrerc-c
fu:l~ iAJU~LA s~t forth verbaeim here~n and cAall 6mern both p~thes hereto and the~r succe~.~•r~ and assign~. Vu I~cn vp -,c.
' ~a~d p~lic~c. ~n.ur~n.e w upon anp rc(und or rcturn prem~um wh~cA may be payable on the cance:i~uun rn termir,auon ~her~.• ,~ti..::
? nr e~.en r„ ..tA;. rh~n ihc S1ort~ssec. except by pr.,pcr endursement atfiied to such pol~.y and approved by llor~g~Ece. Fa.~
=i
~naur~n~c .h.it h:,.c •tfised thereto a Standud tic~ Ywk Mw~~a~te Clause withou~ Cortnbut~on, makin6 all los~ .~r .,r~ un~~r ua~
r~~ r<,I~.~ pr~a++l: ~Ae ~lixt~ssec ~c. interest may •ppear. In the evcnt any sum or sums of m~,ney he~wne pay~~' :•cansc• . -
;.T F.•¢r• .~.,tl h~.. ~he op~ion tu re.ei.c and apply ~~c .ame on account ot the indebtedness Acreb> .-wred. ~ r:. tt .
r~..;.c ~nd ~.c it. or anv part therco(. r~~huu~ thercb~ ya~~t~t a ~mpa~r~ns any e~uuy. ?~en. er r~RDt un i~•r .,n~
h-_'{ m,.rrg~~e. In c, n• ni l~~~. ~Dys~cal damegc ;o thc m~n~~ged ptuperry tht ~1orl6aRor shall ~ti~c :mrrd~atc n~.r•.~ ~ ^ .
ihe 11~~rIEaKee ..nd th~ ~1~~r!gedec m~~ mzke prout ~ i.~.. ~t tAe xame ~c not rreaJe ptump~:~ A~ ~he \t,~r!~a~~r. (n _a~c~ .
= ~ ~ ~ ~~.k. ~~1r.~ ~7l1
.
:
.
:o . -