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Home My WebLink About2517 ~ I'R~~~'InF:ll. Al_MAYS. that ~f the ~kxt~+~~~~r .h~+ll pay unta the ~Aott~a~ee the ~ndebtedneca rv~Jeeccd hv a ctnain pnNn~.~a~y nute ~~f wh~ch the follow~o~ wutJa and f~~ute. ~s a trut c~~pv to-w~~ ~aH~t~ay~e ~ste : 4T325 .90 F~rt Pierce ~ Florida _ March ~1 , 19_ 73 4 FOR VALUE RECEIVED jJE,~ i'~ointlv and ~_veral 1~ pwmi~e tu pay~ to thc orde~ of GEOR~ j~.,~ E$ the principal sum o[ FOUR THr~D THREE HU DRED T ENTY- IVE AND 4, togelher with interrct thereon (rom date ~t the ~ate ot tea percent, pe~ annum u~til matu~ty, both principal and interest beit~ pay~ble in lawful money u( the U~ited 5tates at 2244 Biscayne Blvd., Miami, Florid~, or at wch othe~ place as the holders hereof may designate in writing. Principal ar~d intere~t pay~ble in irutallmenb a~ tollows: NINETY-FIVE ($95.00) DOLLARS per month, beginning on the lSth day o£ June, 1973, and continuing on the lSth day of each and every month thereafter until paid in full. Th~s note may be prepaid in whole oc in put after one year from the date hereof upon payment of a penalty equivalent to five percent of !he principal sum prepaid. Each imtallment paynient shall be c~edited first on the intetest due, and the remaindcr on principal; and intrrr~t ~hall thrtr- upon cease upun the principal so credited. Th~ makers and endorsere of this note further agrce to waive demand, notice of non•ptyment and protest, and in thr event ~uit slull be brought [or the collection herco(, or the same has to be collected upon demand of an attomey. to pay reasonable attorney'F fer. tor making such eollection. Deferred paymenta henunder shdl beu interest at the rate oE ten percent per annum [wm matu~ty until paid. 7'his note is eecured by a mort~e oE even date herewith and ia to be conattued and enforced according to the laws of the ~tate of Florida; upon de(ault io the payment of principal andlo~ intereat when due, the whole sum of principal and interest rr i~ing unpaid s at the ti of the holders. become immediately due and payable. Wi nes ,a o is m~r~c: ~ ,L : L~: ~j ~ (SEAL) ' John vory 1, • , , . ~ f i' ~t ~ t . ti--~ ~-~--t _ (SEAL) irreoZa vory ar~J ~I~all perform, comply with and abide by each and every the stipulations, agreements, conditions and cuv~- nants u( said promissory note and of this deed, then thia deed and the estate thereby cteated shall cesse and be null and void. 1. The Mortgagor hereby cove~ants and aacees: ~ i 1~1 Tu pay all and sin{ul~r the p~ne~pal and interest and other wms o[ mooey pay~ble by virtue ot said pran~ssay noec and ~h~a i deed, or eUher, promp~ly on ~he days respectively the same aever~lly Decases due. ~ 1~? T.. ~+ermu, caamt a sufter no ~raste a~d to ms~ntain ~he ~mp~ovements at all umes in a state of ~ood repa~r and cond~tion, and t~ ; do ~x perm~~ ~o be done to eud prem~aes eothins tdat vill alter o~ ch~n~e the use and eharacter of s~id property or ~n any way ~mpa~r or ~ .reaken thc secunty o( this mort~ase. And ~e c~se of the re(usal, ne~lect ot in~bility of tht Mort~a~or to repair and maiet»n .a~d prnper- ty, ~he M«tpRee ioay, at his ophon, make auch repa~r~ or cause the same to be made, aad advance moneys in that beAal(. i ' i ~.1 To pay all and a~n~ulu the u,ces, assessmenu, tev~es. I~sb~l~ties, and obliNtioas of erery nature on s~id described p~operty each ~ •nd rYe~y rhen due snd payable accadins to I~~. betae tAey become deliequent, and to deliver to tAe Mort{a~te oe or be(ore March ISth of each year ua receipts ev~dencin` the payment o( all la+r(ulty ~mposed t~xes for ~he precedins c~lendar year to ~ndemnify the Mat~a~ee upix~ his dceuod for all taxes, asses~?men~s •nd char~es ~hat m~y be ~sseased upon th~s mott~a~e on che indebtrdnecs cured hereby, and psid by the mat~a~ee, rithout regard ~o any I~r 6eretotore eaacted a serea(ter to be enacted impos~n~ nayment o: [he ~hule or anv ~art theteot upon the Me+rtsa~ee. (d) T~. pay ~II and smsular the costs, cAar~es and e~penses, includm~ laryers' tees and abetract costs reasonably incurred paid at em ~~me 1+y ihe S1or~da6ee because ot tAe fa~lurt on the part of the Mw~6atot to per/orm, eooply rrith and ab~de by each and r.~ery ~he +i~pu~a~~ons, a~reeaen~s, coad~uons •nd coven~ets ot s~~d proa~~sa«y note and this deed, or e~tAe~, and every such~paymeni .h.ll oear ~n~crest frum date at the nte of ten (IOS)" per centum per annum. • Irl I: ~s further co~enanted and a~eed by sa~d part~es that in the evem o! a suit be~n~ inshtuted to fo~ectose thu matsa~c, ~he \fur~- 6a~ee .hall be entitled to apply at sny time pondin~ such toteclosure suit to tAe court h~v~n~ jurisdict~on thereof for tlie appo~ntmem o( a recener of all and sip~ulsr the uort~a~ed property, and ot all rents, intaaes, profits, ~ssues and revenue~ theteof, from r•hatsoever ~ource denved: and ~hereupon ~t is hereby expressly corenanted ~od a~reed tAat the Court shall (orthrith appo~nt .uch rece~rer ~r~~h ~he u.wl porers and duues of receivers in like cases; and said •ppomtment sAall be made by the court as a ma[ter of s~nc~ n~At ~o ihe N~x~~s~ee, ~nd vi~hout reterence ~o the adequacy a iaadeQuacy ot ~he ralue of the proper~y hereby mort~ased, M to ~he .olvencs ur msolvency of ~he ~lortsa~ors or any other party Je(en~fant to such suit. The Mort~~~or hereby spenfically waives lAe n~ht to ~~b~rc to ihe appo~mmen~ of a receirer as atoressid and hereby eapressly consents W~t sucA appomtment shatl be made ¦s an adm~ucJ eyu~~y ~ and a~ a mstter ot absolute ri{h~ to the Mortpsee and tha~ the ssme m~y be dme .nthout notice to the Mort~a~or. (f) forc:Iocure proceedin{s should be instituted a~ainst the property covered by tbis mortp~e upon any otherlien or cla~m rhe~her alte6ed to be superia or junior to the {~en of tAis mor~s~~e, the A~Iort~~~ee may at hia opt~on ~emaedutely upon mstituuon ~~f .u.A ~un or dunn~ the pendency thereot declare thu mortp~e and the indeAtedees! secured hereby duc and payabic turth.uh and may .t " opt~oo proceed to foreclose th~s mort~a~e. ~ l~l Tha~ the Mortp~ot r~ll teep all resl and personal property nor ar hereafter encumbered by the hen of :h~s mat~a~e msured •s m•y ~ be requ~red fran ~~mt to time by the Mor~ta~ee asamct loss by fire, w~ndstam and other Aazards, ci.wlUCS and cootmEenc~e~ L•r .uch per~od~ and ior not Itas than such •mounts u m~y be requ~ted by the Mot~{a{ee and to pay prompUy when duc all pem~uma i« .uch ~ +n.urance. The ame.unts of ~naur~nce reQu~red by the Nort~a~ee shall be the mimmum amounts fw wh~cA sa~d ~nsurance shall Ac .nte.-n ~nd .hall be mcumbent upon the Mortp~or to mamtam such sdd~uonal msursnce a~ may be nece~su~ t~ meet and ~omply tuI{y rith , .II co-msunnce reyu~remems eontamed ~n ~aid pol~c~e~ to the end that the said Mortts~a ~s nm a co-~nsura thereunder.ln.urance ~ .h~ll ~r ~nnen by a canpany w compame. approved or des~~nated by the Mattsa~ee aed all pol~c~e. and rene.~l. ~herenf .hall ~+e helJ by tAc ~t~~c~a6ee. All deuiled de~~~n~t~on. Ay ~he Mort~ator ,.hich are accepted by tht Motl~a~ee ~nd all ~~reeme~~. Det.een A1~rt~a~oc and Mw~~~~ee relat~n~ to ~nsurance, no~r ea~sun~ w Aere~lter made, shall be ~n ~rntin~ ~nd sh~ll be a part of ~A~s mat~a`e aRrcement ss (ully ~houjh set forth verba~~m Aerein and sh~ll ~overn both parues here[o and the~r srcce.sors and ass~~n+. No I~en up..n any ~~f ss~d polu~cs of msurance o~ upon •ny rcfund or rcturn prem~ue~ ~h~ch ~eay be Psyable on the c~ncellauon a term~n~tion ~Aereof, .hall ~e ~~ren ~n othrr ~han the Mor~~s~te, eacept by pr„per endwsusent a(fiaed to such policy aed ~ppoved by Mat~s~ee. Faih p~~'~~. ~~i ~ ~nsurance shall ha.e s((~aed ~herc~o a St~OdYd Ner Yotk ~IO~I~~~tt CI~W! r~ihout Conu~buuon, mskin~ al! loss ~K lo.sea unJ~r -ua.: Oo~~~Y D~Y~ble ihe Mort~a~ee •s ~ts ~eterest may •ppear. In the evenl •ny sum a suss of money btcane P~y~h~, •h~reunJer •~a ~t•~~:- p..~ee .h~ll ha~~ ~he opt~on to rect~vt and apply the ssmt an account o( lht ~ndebtedness hereb> secured, w s~ rm~~ th.- \t rf;.. • ~o r«r~rc •nd u.e ~t. a any par~ thereol. r~thout lhereb~ rs~vm~ ot ~mp~u~n~ any tpYrtY. hen. or n~At un~er ..nd .~rt.. r.~. emw~~~{t. In e.~nr of loaa w~+OYs~csl dams~e ~o th~ m:.rt~a~ed po0er~y tAe ~lat~a{at shall pve urwred~~te non.e rn~•rc.~+ fi•~. . the ~lurt~a~et .,nJ the Nort~a~cc m+y nuke pru~d I•,.. ~1 thc s~mt not made pranp~lY b) tAt ~1w~f~Ror. In ~~rni •~t I~we. •-w: . . R 212 ~At~ 2 ~ sc~e~ - _ s.~ „ 4