HomeMy WebLinkAbout1985 ('RI~ViDfi11. AI.WAYS, that if ~he \fo~t~.~t•r .hall p~y unta ~he ~1ott~a~te the ~ndsDtednesa tv~Jenced hy s
~erta~n pr~N~r.sury ~ute ~~f which tAe :ollc?~m~ in worJs and f~=ures ~s a true copy to-M~t
~lMIF~~ l~
s 2,150 _ 00 Fort ~ierc_ e,_~;d, February 24, ~q_ 73 :
~ F~R VALUE REC~tvED_ iointly and severally, p~,;,,,~ ap.r ~
to the o?der nt I?1ARCIA S M I~ FF
the p~ncipa! wm o! THO S D n0 DOI.L~IRS, tot~ther vrith inteeest
th•~eon tmm date at the nte of ten pc~eent, pet annum until n?~tunry, botl~ prineipd ~nd iwte~t bcinR p~yable ie lav+ful monep ot
thr Umted 5tate~ ~t 2244 Bi~caynt Blvd., Mian~i, Flotida, or at wch othe~ ptace aa the holders I~aeo( may dai6nate in wtitin6. .
Pnncipal and inteteq pay~ble in ieu411meeb ~ IoUovw:
FORTY-FIVE ($45.00) DOLLARS per month, beginning on the 1Sth day of -
April, 1973, and continuing on the 15th day of each and every month
thereafter until paid in full. ~
Th~s notr mar Ae prep~id in .vhole a ~n put a(ter one yeat f~om the date hereof upon paya~ent of • pcnalty equivalent
~o f~.e Dercent of shc pr~ncipai sum ptepaid.
Each ~n~tallmc~t payment shal) be ccedited fitst oa the inteteat due, and the tcmaindc: oe prineipai; and intr~r•t :hall t
upon ceue upun the pn~c~pa~ so eredited. . -
TAe makers snd ~ndoriea of thia notc furthcr a~ee to v+aivt demand, eotice of non-pry ment and proteat, and in 1h~ event sui
.lull br ~rouRht (or the "collection heaoi, or the ame has to be coliccted upon demind o[ an attornep. to pay rcasonsWe.attorney'
f~~• (w making such cdlectioe.
DefeRed paymcnts hereunder shal) beu inteerst at the nte of ten percent per annum trom nuturity until paid.
7~hi+ note a ~ecurrd by a nw~e of even d~te herewith ~nd is to be comtrued and eniorced accoadinR 1o the.lav~n oE the
~tate at Fl~xida; upon dciwlt in the payment of principd andlot inwat when due. ihe ~rhote rum of pnncipat ~nd intee~at
rrma~nm` unpaid ahall, at the optiat of the holde~s, 6ecome iauntdi~tely du an~parabk. ~
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~r~J ~I~al! per~orm, comply with and abid~ by each and every the stipulations, agreements. conditions and cuve-
nants of said promissory rtote and of this deed, then this detd and the estate thereby created shall cease and be
null and void. .
1_ The !~lortgagor heteby cuvenants and aarees: _ ,
tal To pay all and s~n~ulu tAe pr~nupal snd ~ntertst and other auees ot money paysble by virtue of said prom~ssory note and this
derd, a e~~her, promptly on the days respecuveh tAe sas~e seve~slly becoaes due.
ln? Tu permu, caaant or sutte~ no ~rsste aed co ma~ntsin the ~mprovanents st all Ume~ m a state ot ~oad repair and cond~hon, and to
do rn permi~ to be done to e~~d prcm~aes nothiuj that ~rill alter or chanse ~-e use and cAaracte~ of sa~d property or m aay ray ia~pa~r a
~eaken the securuy of this ewrtp~e. And ~n case of tAe retusal, nesleet or ioability o( tAt Alo~ts~~pr tp repair and au~eta~n said propcr-
~y, the MortpE~e rasy, at his opw~on. IMkt lYCA flpilt! Of CaYlt lA! iaAl! 10 bt 10~l, and adv~nce mooeys in that bah~lf.
tc) To pay all and ain~ular tlis taxes, assesamrn[s. It~~es, l~sbiliues, and obl~ptioos of every oature on ss~d described property each
and every rhen due and payable accad~ns to la~r, before chey becaae deliaq~ent~ snd to delire~ to tbe Mortsaaee on or betore March
lSt~ o( qcA yea~ taa receipts evidencin~ the paYment ot all !ar(uUy neposed taxes tor the preeedm~ e~lendar year to ~ndemody the
1Aart~a~e: upon his demand [or all taxes, assescmen~s ~nd craries that say be •ssesaed upoe th~s mort~a~e oa the•~nde~tedneas
.ured hercby, and paid by tAe aort~a~et, r~thout re6ard to aqr la~ bttttOfore tnitted a heresfte~ to bt enacted impos~n~ ~syment o:
_~he rhote or ~ny ~art tAereof upon the Mcxt~a~ee.
Id1 T~. pay .11 and s~nsulsr the cosu, char~es and eapenaes, includ~n~ la~ryers• tees and ab~tract costs ressonably mcuned n? pa~d a~
any ume by the Matpaee because of the (eelure on the part of the Monpsor to per(orm, coap~y +~~th and a~tde by eacA and rvtry tht
,teputa~~ons, a~reemen~s, cood~UOas aed corenant~ o( sa~d proa~saory note and th~~ deed, ot either, ~nd evety sucA~payment shalt oear
~nterest (~om dste at ~he rate ot ten (IOS) per centwa pe~ annum. ~
Ic) I: ~s (urtAer covenanted ~nd a~reed by aaid parues that in tAe event o[ a auit beUy in~ututed to (oreclose tA~s mort~ajc, the 111ort-
; paee shall be cntnted to appty at any time pendm~ sucA foreclosurt suit to tAc cou~t Aarinj ~w~sdictton tAerto~ tor the ~ppo~atmem
' ot a cece~.er ot all and ein~ulsr tAe mort~t~ed property, aM of all rents, iacomes, profits, isauea and revenues thateo(, tras shatsoever
~ source denved: and thereupon it is heresy e:presely coveasnted ind speed th~t the Court shell forth~itl~ appoint such rcceirtr ~~~h
' ehe u.u~t po~ers and du[~es of rece~rers in like c~ses; ~nd s~~d •ppo~ntment sAall be made by the court as a matter of st~ict ri~ht to
~ che Nort~a~ee, and ri~hout reterence ~o the adequacy a- madeqwcy o( the •alue o( the property htreby mortp~ed, or to the .olrency
w~naolvency o( ihe 1Awtja~ors or any othtt p~rty defen.lant to sucl~ suit. The Martsa~o~ hereby speedically vaires the r~~ht to ,.b~~c~
, ~o the sppo~ntment of a receiver as atoreaa~d and hereey eapressly conaents eh~t sueh ~ppomtment sAaN be n?ade ~s an admuceJ equ,ty
and ac a rtutter of absolute ~i{ht to [he Mat~a~ee and tAat ~he same auy be doee ~ithout notice to the S1ort~a~or.
(f ) (orectosure ptocetdmq should De inshtuted a6amst the property covered Sy tb~s motlq~t upon aay other litn ot clum ahether
allesed ~o be super~or ar ~unia co the t~en of [?~is matp~e. ~he 61ort~s~ee raay at his opt~oa in?rned~s[ely upon ~nstitut~on ut .uch su~i
or du~~n~ the peadeeer thetto( declate ~h~s mortpse and tht indeb~edne~s secuted hereLy due snd payable tw~hvuA and mar af
opt~oo proceed to fureclose th~s mort~a~e.
161 That the Mo~tp~or w~il teep a31 real and personal property no~ o+ hereafter cncv^=be~e4 by thc I~en of :h~s ioortsa~e insured as r..ay
be requ~rcd tran t~mc to ume by the A1at6a=ee sjsin~t loss Dy tite. arndstam and otAer haz~rds, caswlUes and conhn.~ nc~e~ G.r .ucF.
per~odc and 1ot not less tA~n such amou~ts as may be requued by 1he Mor~p~ee snd to pay prompUy +hen due sll prem~ums for such
~nw~ance. 7Ae smountis of ~nswance requued by the M..rtpsce shall be the m~o~mwn snwuntc fo~ ~rR~cA sa~d msunnce sAal1 br rr~ftcn
..n.1 ~t ,ha!! be ~ncumbent upon the tNortsasot to maintain such add~qonai insur~nce as may be nece~sar> to mcet an~ compiy (ully ~~th
aIl ao-msurancc reQuirements conta~ned ~n sa~d pol~c~e~ to ehe tnd that tht ssid Mortp~or ~s not ~ c+~-msurot thereunder_In~urance
.h~il Ac +ruten by a canpany or compan~es approred or des~~nsted by the Mott~a~te and a11 pol~c~es and ?enerals thereof ~h~IS Ae Ae1J
by !he ~to~t6aste, All deq~led des~~nahon~ by thc Mextsa~or rh~ch are acceptcd py the Mottp~ee and all as.ecmcntc btt.een lllort~a~or
and Mor~sasee rela~m~ t~ ~nsurance, no. ea~sha~ or hereafter nade, ahall be in rnt~ef •nd sha11 be a part of ~h~s mar~sa~e asreement
~ as fulty u ehou6h set fort~ rerbst~ae here+n :r.d shal! orun both
~ parties hereto and tl~e~r successors and ass~~ns. No lien up~~n any of
sa~d pohcies of msurance or upon sny refund or re~urn pem~wn shich may be p~yable oo the c~ncellstioe w term~nauon ~hercof, .hsll
be ~~ven to otAer rh~~ the A/ort~a~et, eactp~ br proper endorsement aifixed to such pol~cy and apptoved by RAott~a~et. Fach ~o:~~~ ~t
' +nsu~ance shal! have a(fised tAereto s St~ndud New Yott blort~~~ee Clause .~tl~out Conv~buuon, mak~n~ a;l loss or loascs unJc: .uih
Do~~~Y DiY~bte io the AlortpRee ss ~ts ~ntereat miy appesr. In the event any swa or ~ua1s ot money becaae paysb~e ~*ereunder +nc ~U~r.-
~[a6ee .h.ll ha•c the ophon to rece~re and •pply the ssme on accuunt o! the indebtedneas hereby secured, or in prrm~r th.e ~!~r~f.¦ .
to rccc~ve snd use or any part thereol. r~?hout thereb~ va~vm~ or ~mpa~nnt any equitY. hen. or nr,ht unJrr and ~r .~riur •n:-
mure~a{e. In e~cn1 of los~ or phYS~cal dama6e ~o ~hc moc~~a~ed property the ~fortpEor shall E~ve ~mmedu~e nos~ce cncrr•~~ h.
the lf.xt`a~ee .,nJ the Nor[Ea~ee n~r mske prov( nf lo.. rhe samt ~s not msde promptly b~ tAe ~tw:~~~tor. In c~rnt ~.1 l~.re.....wc
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_ ~ ~~R~ 211 PAC~ 1983 ~
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