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Home My WebLink About1453 -~$t1'~~f TII~A ~`rr . n "f {'R1f\'lnFh. :11_NAl'J. tha~ ~f tf~e \lurt~ag~~r .hall p~y unto the Wntt~a~ce the ~edebtrdnesa rviJtncrJ h~~ a ~rt[a~n p~~~mi..ury note cti~~ K}iiL~1 I~iG Ift~~tiiil~i~ ~~E tiiiiii~3 art~ f~~urta ts a trur ~:~*sv tt~~a~t ~lHR~~~ ~ = 3,450.00 _ _Fort Pierce. _ Januarv 20, i9_.~. FOR VALU~ ItECEiVED We ' ointl and ~;K ~,h, toeheordc~ot SIMON A. KELSEY AND ROSE S. KELSEY, HIS WIF . the principal s~em ofPhree Thousand Fnur H~t~dY'ed Fift,y and no f 1 OmOLLARS, to~ti~er with inteeest ~ tl~ereon Iwm date at the nte o[ tes perant. pet aneun~ unW matutiq. boy~ prineipal and intuat bci~ paya6k ie lawtul moaey ot thx United 5tata at 2244 Bi~eayne Blvd., Miami. Florida. or ~t weh otl~ place as tl~e holders haeo( may de~i~ute ie aritin~. P nci~ .~,a P.y.w~ ~~.~.u~~ a~ toUo+nt: ~ixty ($60.00) Dollars per month, for sixt (60) consecutive months on Y , the 15th day of each and every month, beginning on the 15Ch day of March, 1973, and continuing until the 1Sth day of March, 1978, at which time the balance shall become due and payable. This note may be prepaid ia wlwle a ia part dter oae yesr ftan tbc date hereof u~on payment of a penalty e~ivale~t ~o t~ve percent of tht principal sum ptepaid. Each in~tatiment paynient chal) be credited fast on the intemt dne, and tbe temaindet on ptineipal; and interr.t rF?di t6ne- upon cease uEwn the principil w credited. The make~s snd endo~sea of thia note fn~ a~ree to waive dcmand. aotiee oEnon-paymeet ~td pwtest. and in thr evcut suit ~F~ai! be brought [or the cdlection hercof. or the same has to be co~kcted upoa dcmand ot an attomey. to pay reasonable attornry's J ter~ [or makin6 wch cdkction. I Dcfen~ed parments heeeunder ahall beer interest at the ate of ter~ percent per annum fran eoaturiq until d. i 1'his note is ~ecured by a mort~e of even d~te hmwith and is to be oonstrued and ereforced aeeord~ to the bws of tbe ~tate oi F'lorida; upon defwlt in thepay ment of principal a~dlo~ intee~t when due, the Mrhde w~rn ot pnncipd and in~ rrmainin6 unpaid ~ha1i. at the option of the bol~c~s, becwne i ' ttly due and p~a6k, l / 1''~ ~ . ~ ir,1~ ~ r' (SEAL) w " ? 1 f ~r~ ~ i ~ - 1~.t~...~ ..~.r_~~~_L . ~ 11. . ~$~j,~ anJ ~)~all pcrf~rm. cumply w~th and abide by each and every the stipulations, ag~eements. conditions and cuv~- nants of sa~d promissory note and of this deed, then this deed and lhe estate thereby created shall cease and be ~ull and vo~d. 1. l~he Alortgagor hereby cuvenants and agrees: c~~ ^~•~~•ti~ ~nd .n~eres~ :nd other sums o( montY payable by V~fl4C OI SiIO pfO1qISSMy RU1C and ~h,~ deed, or e~ther, pomptly on the days reapect~rely tAe same severally Decoeees due. tn~ i~~ ~+erm~t, commu or suffer no ~raste a~d to ma~n[a~n the ~mprovements at all ume~ in a~tate of ~ood repau and cond~uw~, .nd co do ~~r p~rm~~ ~o be done to sa~d prem~ses nothins that w~l! alter or chanje Nc use snd cAancter ot sa~d property or 1n any wav ~mpair ~x r~eaken thc secunty of tA~s mort~~~e. And ~n use ot tAe retwal, ne~lect or inability ot the Mort~a~or to repair and ma~eum .a~d p?nrer- ty, the Mort~aEee may, at h~s opt~on, inskt sucA repaus or cause the same to be made, and adr~nee moneys in ~Aat beh~lf. ~.1 To paY all and sln~ular the taxes, assessments, lenes, iiab~t~ties, and obt~ptions of eve~y nature on aa~d descnbed property each ~nd r~cry When due and psyable sccordins ta I~r•, be(are they beeome delinquent, ~nd to deliver to the Mort~a~ee on or be(ore Ma~cA ISth of esch year ux receiptc ev~dencin` the paYment ot all lawfully ~mposed t~xes for the preced~n~ e~lendar year: to ~ndemn~(y the M~xt~~dee upo~ h~s dem~nd for aU taaes, assessments and chsrjea tAat auy be assessed upon this nfwtsa~e on tAe indebtrdncs~ ~ured hercby, and pa~d by the ~ort`a~ee, v~tAout resard to aey la~ heretofore enacted or herufter to be en~cted ~mposm~ naymen~ 02 ' the whule or anv ~art theteot upon the Alort6a~ee_ (dl p~y ell and Y~n~ular the costs, c~ar~es and expenses, mclud?n~ la~yero' ftes and abptract costs teasonably ~ncurred ~~r p~~d .~n~ t~mr hy ~hc Mort6aEce bccause ot the fa~lure on the part ot the Mor[a~jot to perform, canply w~ih and ab~de Ay each and r~ery ~Ae ~i+pu:at~uns, a~eementa, cond~t~ons and covenanb of said promissory note and tA~s deed, a e~tAer, and every such~paymen~ .h.11 brar ~nrcrc.i trwn date ae the rate of ten UO'L1 per centum per an~um. , t~l 1: ~s fuether covenanted and a~reed by sa~d par~~es that m tAe event of a su~t be~n~ ~nst~tuted to (oreclose th~s m«t6aa~, ~ne ~fw.r- i~tee .hall be enUCled to apply at any hme yendin6 such faeclosurc suit to lhe court hsrin~ ~unsd~cuon thereof fa the •ppointmen! u( a rece~~er of all and s~n~ular tAe nartR~~ed progetly, and of all rents. ~neomes, protits. ~ssues and revenues thertot, frae M'IlaIS~Y('( .ource Jenved; and Mereupon u is hereby expresely coveaanted •ed a~reed that tl~e Cour~ shaA for~hr~th sppo~ni ,uch rece~+er With ` [Ae u.~a! porers and dus~es of rece~verc in lite cases: and sa~d appomtment shall be made by tAe court as a mae[er of str~ct n~ht ~n f ihc ~1ort~a~ee, and w~tAout retetence ~o the adeqwcy or madequacy of the vilue ot the property hereby morc~a~ed, ~K io ihe .ohenc:. ur ~nsol.encY of ihe Uwtsa~ora a any othet party de(enJ~n~ ro sutA suit. The Mats~~or hereby specif~cally Ma~ves Ne nahi tu ,~b~rc ~o the appoin[ment o( a rece~ver as aforenaid and hereby eapressly coesems th~t sueh appomtment shall be made as an adm~ttcd eyo~~~ and a. a matter o( absolutt r~~At to the Mort~a~ee and th~t the same may be done +~~thout notice to the Morc~a~or. ; IO 1: fort:lowre proceedm~s should be inst~tuted aga~nst the propeny covered by thu mortp`e upon any otAer lien or cla~m .heeher alleaed io be,supenor or jumor to the I~en of ehis ma~p6e, tDe Gla~~~~ee may at h~s,oppoo ~emnedutely upon ~n.niuuon .f .u.A .u~i nr dunns the pendency thereof declsre this mort~a~e and tAe ~ndebtedness ~ecrred Aereby due and psyabtr ~u:~hr~~h and m.,y .r opt~on proceed to torectose th~s mor~~a~e, ~ 1~1 That the Mortpsor Mili teep ail real and personal property nor or hereaftet encumbered Ay the Iirn oi .A~s ma~jase ~naured i~ m~y f be requ~red trom hme to t~me by the Mortp~ee apmct losc by fire, w~n,ls~orm and o~her ~azarCs, ca.wlues and conunEenc~e. t~•• .uch ~,er~odc and Ior not less thsn such amounts as mry be requued by the Mort~a~ee and to pay promptly rhen due all prcm~um~ ~or .uch ~n.uun;e, 'The amauots of insuranct reqwred by the Nu:eta6et shall be the m~n~mum amounts for ~h~ch sa~d ~nw~an.e ~hall br .~~:;~n j ,nS s! .hall be ~ncumbent upon the Mort~a~or to maintam such addi~~onal ~nsursnte a~ may bt necee~ar. Iu meet anJ .ompl~ fo11y riih elt cw~rt~urance reyu~rements contamed in sa~d polrcrcc to ~he end that the said Mort6a{or ~s not a co.~nsuror thereunder.In.urance +I1JII *t ,.n~ten ~+y ~ company or compan~e. appro~ed or desisnated by the Mo?t~a~ee and all pol~c~e+ and reneW~l. ~herenf .nalt hc he13 i hy ~hr ltoitga6ee. A11 letaeled des~snat~on. by the McxlEa6or •+h~ch are accepted by tAe Mort~a~ee ~nd a11 ~~rceme~t. oet•een A1.,rtratoe j and Murtgaeee rclat~n~ ~u ~nsurance, nor eaishnR or hereafter made, shs11 be m wntms and shall be a part of th~s rnar6a~e aRrcemen~ as tutlv thou6h set forth verbac~m herein and sha11 ~ovetn both part~cs heteto and theu successors and ass~~n~. No I~cn up,.n an~ sa~d pol~c~es of ~nsurance w upoa sny retund a rcturn prem~um vh~ch miy be payable on the c~ncellation or termmauon ~hercot, .h.1! he pven tn o~hcr rhan tha Mo~tp~ee, e~ecept Dy pruper endorse+sent alfiaed to ~uch poluy and spprored by Moriaa~ce. Fach p~.!~~. ~.i , msur~nce shall ha~e a((~acd tAereto a Sqedud ye. York Mort~~~ee Clauae wuhout Contn~uuon, makln~ al1 los~ ~~r lo,ce~ unJ~r .ui!. ; pohcy payablr the Not~q~te as us ~nterest may appta~. In the event any sum or swss of monty became p~yn~: ~h~reunJer !1.~r- K.~grc ,h.l1 ha.~ the opt~on ~o rece,ve and •pply iAr -amt on account ot tht m~ebtedness hereby secured, w t~ r_ ~m~~ ch; 1~ rc,,,, - ~o r~cc~ve and u.e ~t, w any part thertof. rrthout thertEy rarv~n~ or i~apa~nns any equ~tY. I~en. or ~~~At uoder ~nd ~v .~ri,. r.:- m.xt~a~e. In e~rm of I~» w phYS~cat dama6c to the mnrt6a6ed property [he Mort~a`w shall ~c~ve ~mmcdurc noer~c c~rrc„r n c • the ~1ort~atee .~nd tAe ~1ort~ts~te may mskt prooi ot lo~. ~t the same ~c not made promp~ly by the \IonE~Eor. In c.rm ~~i ture.....ur. ~c,~~ 2~ 0 ~acF 1~5~ _ ~ - - : . ~ ~b~ au ~ - ~ , ~