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Home My WebLink About0211 ~ PROVID~n, ALWAYS. that it the Mort~~~ot shall pay unto the Mort~~~ee the indebtedness evidenced by a cettain promissoty note af which the followin~ in wocd~ and fi~utet is a true copy tawit: . . • ~ r~~MN j~ ~ ~~L s 1+625 _00 Fort ierce, F~ March 3~ ~91~ FOR VALU6 RECEIVEp I to et~e o?de~ ot ROBERTA R. KAR che pnncip~l wen o~ ~.I+IE THOUSAND S IX HUNDRED TWENTY-FIVE AND L. . to~ether ~+ith inte~ ~ then~on from date ~t the nte of ten perecet, pe* aenum u~W raatutity, botA principal and iete~eat beit~ pnrabk in bw(~I e~oney ot ~ the Umt~d ~tates at 224~ 6i~earne Bhrd., Nliami. Fiorida, or ~t ~neh otl~e~ pl~ee a~ the hdde~s heeeol a~ desi~nate in Mrtitin~. Principal and intetrat papabk in inataNa~ents r idbw~: • FORTY ($40.00) DOLI,ARS PER MONTH, beginning on the 15th day o~ May, 1973, and continuing on the 15th day of each and everq month there- after until paid in full Th~s note mar be prepaid in wAole or in part aftet one year tran tbe date Aereof upon pay~ent of ~ penalty eqnivalent io f~ve percent ot the pr~ncipal sum prep~id. Each ~mtallme~t pavment ~hall be crcdited fust on the intetrat due, and t6e eemaindet on prineipal; tnd inte~r•t ~aU t6ere- upon ceasr upun the pnncipsl w eredited. Thr m~k~rs and ~ndae~n of tha note fortlxr aarec Io ++~ire demu~d. notice o( non-p~y ment snd protat. ~nd in tIK evert wit ~ ~{~all be brouR6t for the cdleetae het~eot, or the aame has to be coUccted upon demand of ah attorney~ to pay reasor~aWe attoeeep's (cr. fot mak~nR wch tdkctioa. D~ferred p~yme~ts hcreunde~ ~hdi bear interest at the rute o~ tee percent per aneuin fran maturitr unOl paid. - 7'hn nole i~ ~ecuRd by a nwrt~e ot even datc herewith and 'es to be eo~trued and enlo~ed aecordin~ to tht larrs of die ~tat~ o( fl~xida: upoe detwlt in thcpa rmeot of principd andlo~ intemt ~rhee due, thc rrhole ~um ot principd and 'a~tete~t Rmr~ni~ unpaid ~ha11. at the option of the holde~a, bceo~e inunediatdy due and p~?s61e. _ . ~1r~~~1'~~ u_ ~ C j ~-~c -r-sr'! c/ ~ - ~~L~ and sfiall perf~xm, comply with and abide by each and ~very the stipulations, agreements, conditions and eove- nants o[ said promissory note and of this deed. then this deed and the estate thereby created shall cease and be ; null and void. ; 1. The Mort~agor hereby cuvenants and agrees: ~ (al To pay all and c~n~ulu the pmcipai snd interes~ and oiher swoa of money psysble by virtue o( said prom~asory note and th~s deed, or eit6er, p~om{+~ly an the days respectivelY the same severslly becancs dpe. g ! : (b) To permit, coma~t or suftet no waste and to munt~~n tAc imptovemenu at all times in a st~te of ~ood repair and co~diuon, and to e do or nait to be dont to said ~ property or in any vay impair a ~ pe prem~ses nothm th~t w~ll altcr or chaa~e U+e we and char~cter of s~id rt~ten tht security of this reor~~a~e. Aed ia ease ot tAe tetusal, ne{lect or in~bility of tAe Mort~a~or to tepair and mainuin s~id proper• ~ ty, ~he 1~lortp~ee m~y, at his opt~on, make auch repa~rs or cause tAe same co be made, and adrance moeeys m that beh~l(. (c) To pay sll and ~in~ulu the t~aes, assessments, levies. Ii~bil~ties, uM obliptioes of every nature on said described poperty e~ch ~ and everr ~hen due aad payable accordin~ to t~~, befae they became deleequent. and to deliver ~o the Mwtj~aee on or belote Mstch ! IStA of e~ch year t~a receipts evidencin~ tAe p~Yment of •11 I~r(ully ~mposed t~xei for.the ptecedin~ c~lendar ye~r;to indetnnify the t~lort~~see upon Ais dem~nd (or all qxea. ~ssea~ments and ch~r~es that iaay •s~esse~ vpon t6is mort~~~e on the iadebtedaess s•- cured Ae~eby, and paid by tAe mortq~te, r•ithout re~ard to aay !ar beretofort tnacted or here~fter to be enacted imposin~ ~sy~aent o( the wRole w any .vrt thereo( upon the Mw~~~~ee. ~ (d) To pay sll and ~insular the costs, cAat~es and eapeoaes, includ~as I~~ryet~' feta and ~b~ttact costs reasmably incurred e~r p~id at any time by the Mat~a~ee because ot the (~ilure on the p~rt of the Mort~~~or to per[otm, comply ~vith ~and abide by tach and erery ~he ~tipulsteorta. apeesenls, conditions snd coren~nts of s~id promis~oty notc and this deed. ot euher, and every such'p~yment sh~ll be~r , ~ntere~~ (rom d~te ~t tAe rate of ten (Ip'b) pcr centwn pcr annuw. . ' (e) It is frnber co~eaaated ~od a{reed by ~~id puties t6at in tAe erent of a suit bt~n~ irutitutcd to foreelose this mort~a~e, the Mort- Ntee s6a11 be eatitled to ~pply ~t any tiae pendia~ such lorttloswe suit to !ht coun baries jutisdiction lheteo( fa the ~ppointment ot ~ recei~er ot dl and ain~ular thc mort~~~ed propertr, and of ~11 reats, iocoacs. profits, i~sues and revenues thereot. from ~h~tfoerer awrce deti~ed: aed thercupoe it ic hereby e=oreaslr eovenanted and ~~reed [f?st t6e Cautt ~h~ll forth~ith appoint sucb receivcr ~ith the uswl porers and dutier of reeeiveri in like e~iei; ind ~iid ~ppointment shall bc made by the court ~s s matter ot strict ri{ht to the Mort~a~ee, and nithout referenee to the ~dequacy or in~deau~cr of the r~lut ot the property bereby mat~~~cd. or to the eolveecy or inaol~tecy of ~he 61wt~~~ors a any other par~y detend~nt to ~uc6 suit. TAe Mort~a~or heroay ~peci(ically waires the n~bt to objett ' ~O tbt ~~1010teCp1 p( ~ fttl/rtt ~s atoresaid ~nd hereby eapresslr cmienti that such ~ppointaent sb~11 be made •s an adaiitted eau~ty ~nd ~s ~ w~tter of ~bsolute ri~!?t to the Mort~~~ee and t6~t tAe aase aur be doe~e w~itl?out notice to tAe Mortp~or. (f) Jf foreclosure proceedia~ sAould be instituted ~~~inst tAe p~ooerir eo~ered by wi, sor~~.~e upon aAy other liee or cl~un whetAer •Ilesed to bc superiat or junior to the tien of tbis mort~~~e. the ?forti~~ee maY at his option immcd~stely upon institutian ot such au~t or du~m~ the peedeacr thereot declsre th~s roort~~~e ~nd the indebtedness secured Rereby due ~nd p~y~ble fwtAvrlth and may at i~s option ~octed tq foteclo~e this mart~~~t. (t) TM~~ ~e Mortq~ot ritl ktep all re~l ~nd pcrsonal propertr nov or hereaftet encumbered by the lun of thia mort~a~e insured ~s may be ttquired fros timt to tise by ~he ~btt{a{te a{ainst losa by fire, vlndstorm ~nd other h~z~rds, c~s~~ltit~ ~nd cont~n~encics tw such period~ ~nd for noc le~~ ~~n ~w~b ~owunts aur be ~squirea br the I~Aottsa~ee •nd to paY p~owptlq ~rhen dut ~11 prem~ums fa such ~niw~nce. The ~wounta of iaautwee required br tbe Mwy~~ec ~A~11 be tAe minimuo amounts for ~hich s~~s insunncc shall be *nlten aad it ihall be incwbent npon tAe lblortsaaor to ruin~sin suc6 ~dditiaa~l iasur~ncc as auy be necess~ry to meet ~nd canply fully +~~th , sll co-insur~nce ~equire~ents cont~ined in s~id oolieie~ to t!e eed th~t tbe s~id Mortp~or is not ~ co.~ns~ror thereunder.lniur~nce ~hdl be ~rnttee br • ca~papr or co~anie~ ~Pprored ar desi~n~ted by tht Mortsa~ee ~nd ~1) pol~cies aod reaswals ~hereof sA~ll be Ae1J Ar the Matp~ce. All detailed desi~n~tion~ by thc Mon{~ta rhicb ue ~ecepted br the Mort~~~ee and all a~reeaents betwcen Mort~~~or aed Mort~a~te rclatin~ to in~w~ncc, no~r e:istin~ a here~(tcr ~~de. sAa11 pe in ~rritia~ ~nd sh~ll be ~ P~rt of this mort~a~e ~~reement ~a (ullr ~s tAouRh att tortA ~erbauw heteio and ~Aall ~ore?n bo~b atties bereto and ~heir successors ~nd ~ssi~ns. No lien upon ~ny of •Nd polieies of msw~ate or uoa? a~r retund o?re[ucn p~e~iua ~rhicb s~r be pay~ble oa tAe c~ntsll~tion a terminat~on thereof, sA~li be ~~ren ~o ~tber th~n tbe 1M1ort{~~et. escept br proper endorse~ent ~ffi:ed to suc6 oolicy and ~~poved by Mart~~~ee. Esch pol~cy o! in~nrasce ~ball haye affi:ed iAerelo ~ St~nd~rd Ne~ Yak Mat~asee Cl~we ~~tboYt Coauibut~on. m~kin~ ~II loss or losses under auch oolicr p~y~ble to ~Ae ~/atp~ee as ia ~o~ercit nwr ~~sr, ts t6e s~s~t ~er sum a suau of naney becane P~yablc ihercunder iAe Nor~- , ~a~ee s6~11 h~~e thc optio~ to receive ~ad aPply ~ht s~se oa ~eeawt of Ws ~ndebtedness hereby secured. w to pene~t the 1loniaRor 0 to recei~t ~~0 we ~t, or ~ny ~rt Wercot. .~u~o~~ aers~r ~~iria~ ar irpur~n~ •ny tauitY. lien. or n~!?t under and by v~rtue ot th~~ mat{~e. In e~cnt o1 lo~~ or ~r,i~•i d..,~e ~o ~he .ory~ea ~ro~r~r we Mort~a~a sh~ll ~ive ~mn~cd~~te aot~ce thertof by ma~l t~~ tAe ~taip~ee snd .Nie ~forc~~~ee ~r w~ke oroof of Ioss iI ihe s~me ~s not enade p~on~ptly by ~he Mwtas~yr. In evem of (ore~ln.ure of , f~~R 2~~ FAGE B,,CK ~ , r-- ~ ~ , - ~ , F ; - - ~ _ ~