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Home My WebLink About1350 t ~ + , ; ~ ~ PRQV[DEn, ALwAYS, that if tha No~t~ajw shall pay unto the Wbrtsa~ee the indebtedoe:s evidincid hy a ceru~n prom~swry note af which the foliowin~ in words and ti~ures ia • ttue c tawit: 4 t 1,800.00 Fort ierce, ~a;d, April 12, ~~_73 FOR VALUE RECEIVED WE. iointly and severally, promi~e tu pay to che order ot ANN~E W the principa! aum oi 0 Thousand Ei ht Hundre SR ~f10 ----pOLI.ARS, to6ether with intercs~t thereon ~wm date ~t the ate of ten perceot. pu a~num until maturiq. bolh principal ~nd intereat being payable in iawfui money uf the United States at 2244 Bi~cayne Bhd., hliami, Florida. o~ at tuch othe~ plue as the holders hereo[ may desegnate in writing. Principal ~nd i~tere~t payaWe in i~utalimeeb as tollowt: FORTY ($40.00) DOLLARS per month, beginning on ~he 15th day of June, 1973, and continuing on the lSth day of each and every month thereafter until paid in full. This note may be ptepaid in whole or in put aftet one year ftom the date hereo( upon payment of a penalty equivalent co f~ve percent of the principal sum prspaid. Each inatallment payme~t ch~ll be credited Grst on t6e inte~est -due, and the'~emainde~ on principal; and irttrrr~t •hall thrrr- upon eease upon the principat so credited. 'f he makers and ~ndonera o! lhis note furthtr sgree to waive demand, ~otice ot non-paymeet and protest, and in thr event uuit ,j,~11 be bwught tor the collection henof, o~ tlie came has to be collected upon demand oi an attomey, to pay tea~onable attorney'c (rr. for makina auch edlection. Defencd payments heeeunder ehall be~r inteteat at the ate of ten perceet ptr annum fwm n?etucity until paid. . 7'hi~ note is ~ecurtd by a nwtt~se of cven date herewith and is to be eonawed and enforeed according to the laws of the tate of Florida; upon deisult in the payment ot principd andlo~ inteKSt when due. ti~e whole sum o( pn~~ipa) a~d interest maini~ unpaid sha11, at the optia~ of the holde~s. beeome immcdiately due srtd payaNe. ~ ~ ~ ~ ~ ~ r - ~ ~ (SEAL) S f ~~y.~./rj~ , . /~i1,i1. ~,iJ~-?~~7./<.1SEAl,) ~ ~ ao.1 shall pericxm, comply with and abide by each and ever~ the stipulations, agteements. conditions and cove- f nants of tisid promissory note and of this deed. then ihis deed and the estate thereby created shall cease and be ! f null and void. • ? - ~ 1. The Mortsasor hereby covenants and asrees= . ~ (a) To psy sll aed s~a~ulu We principal aad ieter~st uid aher awes of aoneY P~Yable by vinue o( s~id pcomissory note and th~s 4 deed. or e~tber. pwptly m tAe drrs rospec~ively the same seversllr pecaees dut. , ; lb1 To pera~~, C~r~II Of 3Y~Itt AO \IiflC a~d to mainta~n ~he improremeots at all lia~es in a st~te o( ~ood tepair and condit~oa. and to do or pers~~ ~o bc done to ssid prem~ses aothi~ H~at ~~11 alter ot Chae~e the usc afd cbu~cter ot said popcrty or in any ray iwpa~r or i resken U~e seuuity of th~s eartq~e. Aod ia esse ot tbe eefesal, aeslect or in~bility o( We Mort~a~or to repair a~ ~aiouia s~id proper. : ty. ~he Monp~ee maY, st Ais ophoa, mate such rcpaus or cause the saa~e to be wde, aad adv~ace soaeys ie that besatf. ` Ic) To p~y all and ~insular the taxes, assessments, leries, liabilities, and obliptioes ot e~ery mture oe s~id desc~ibed property each : and everr ~hen due and palrsble accad~a~ to lav. befae t6er become delinqueat. aod to deliver to the t~Aort~a~ee on or betae Alsrch lSth of qeA ytu tu ~eeeipts endencin` the payaeot ot ~II larfully ~aposed tsxes ta the precedios uleadu Year, to indemndy the Mortpsee ~pon his demaad ta al) laxes, ~scses~meeu and char~es l6at wy be ssaessed upon this mottsa~e on 1he indebtedness cured herebr, and ~+aid by Wt aor[~s~ee, rithout re~ard to aay l~r 1?eretoto~e eaacted or hereatte< <o be taseted iaposin~ ~ymcnt oS thc whole or any ~+art tbereot rpan tAe ~t~~{te_ Id) To pay sll and ~insular tAe cos~s, ebar~es and expenses. ineludin~ larryers' fees and absttact eosts reasonably iocuned n~ pa~d st ~ any i~me by the ~lor~piee becaace ,of the fa~lure oa ~he patt of the ylortp~ot to per(or4, comair ~itb and sbide by eacA and every the cupulat~aos, a~eesents, cond~tions and covenants ot ssid prooiasory note aad this deed. a ti,t6er~ and ererY such'p~yment shall bear mtrrest f~am ds~e at the ratt d ten UO'L) per centum per annwa. lel It is tur~her covensnted ud a~eed by said parues t6at in the erent ot a suit beins instituted to faeclose this aatt~a~e, the Mat- I p~ce shall be en~itkd to appif at am ti~e peedin~ auch foreclosure suit to t6e coun luvies jvrisdicUm thereo( ta the sppo~atseot < ~ ot a teceirer ot all and siosnls~ tYe ~wtp~ed propertr, and o[ all reets, iacw~es. profits. issues ~ad rereeues thereof, traa wAatsocver S i ~ource denred: aed ~hete~pon it is hereby eipresslr co~easnted and a~reed tA~t t6e Contt sAstl forth~ith appoiat snch receirer vrnh i the wual powers aW dutits o( rtceirers in like s~aes; and a~id ~ppointaent shall be ade br t4e eourt as ~ eutter of strict ri~At to j ~he Monss~ce, a~?d .rithout re(erence to ~he atequacy ot inadequacy ot the valre of the property herebr a~o~tp~ed. a to the sotvency ex insol~eacr ot the Mort~a~ots ot any other party dekndant to such suit. The Mwtpsor hereby specitiC~lly ~r~ires the n~ht to object # to t6e appoietment of s recei~er a~ a(ortssid ~nd bereby espressly consents that sueh •ppoiptvent shall be wde ~s an admitted equ~ty and ss a muer of sbsol~te ri~ht to We ~Iwtp~ee and thst the sase a?ay pe done un[hout notice to the Mortp~o~. lf 1 If faeclosure proceedia~s sAould be instituted s~~inst the propertr covered br Wis eortp~e upoe aoy otbet lita ot claua +Ae~her .llesed co be superio~ or junio~ to the liea of this mort~t~t, Ihe alonsaaee aay at A~s optioe ima~ed~alely upon ~nstitutim ot such su~t w dwins tht pendency tbereot_ deel~re this a~ortq~e snd the indebteMess secured hereby due ~nd parible (ath~ith and msy a~ ~~s opt~on proceed to faectose t6is wortsa~a ~ That We Mort~at rill keep all re~l snd petsonal popertr no~r ar hereatter eacmeberod by the l~en ot this satss/e msured as may ~ be reqYired (ra~ tiwe to ti~e br the l~la~asee assinst loss by tire, ~iadstans and other basuds, c~swl~~es ~nd camm~enc~es fu~ such ~ . per~ads and ior aot less thap such sa~ouu~s as sar be requued by the Mort~a~ee sod to par pronptly .rhen due alI p~em~wns f« such ~nsurance. The asounta ot iasrr~ace required br the Morttasae s6a11 be tAe wiaiawa aAOUnts fa *Aicb said insuraace ahs11 be .nuen 3 and ~t sba11 be iacwbent ~oe the Mortss~or to sainlain suc6 sdditimal iss~raace ss may be necessary to meet and comply (ully with s a11 co-~mwance re~uire~ents contsined in s~id policies to lhe eod that the ssid Mortpsa is not a co-iasuror thereunder.Inswance ` shall be ~ntten by ~ eo~sar or c_apao~ca aPptored or des~~naeed br tbe llatjaset and all pol~cies and rene~rals theteo( sball be held ! sY ~e Moripice. All detailcd Aesi~sstio~s ar tht Mott~a~or rrhich ue sceeOted br the 1Aottp~te aed all ajtea~ents betwcen Moctaa~ot + ~ aed Mortptce relaun~ to iuauraoce, no~ eaistini a here~tter made. shall be in vritia~ aad sA~ll be a put of this wortpje aatteaen~ u t~(ly as cbou~h sct fatb verbati~ hsre~n and sbil) aorers both oarties hereto and their ;occessas aad assi~ns. No liea uPon ser o( i s~id oolic~es of insurance a~oos ~ay ref~md or retYrn presiYS nhieA aur be p~Y~ble oo We c~acell~tion ar tet~~~stiou tbereot, shall ~ be {~ren to Wber ~6an tMe Notys~ee, eaeePt by Orooer endorse~ent •ffi:ed to srch pol~ty a++d apptoytd by ~{or1=aaee. EacA oolicy o! € ms~rsnce ihall hare stfi:ed tLueto • Suadud Ne~ Yak Ma~q~ee Cbuse ~rithout Coauibut~on, akin~ ~11 loss ~r losses ynder such ~ pol~cr oayable to ~be Mortp~ee as ~ts ~Merest ~ay ~~e~t. ln tAe e~eet ~sy suw or suws ot ~oner becaee ayable pletevndsr Ns Siert- _ sa~ee sAall bave tbe opt~on to rece~~e sed spplr t4e sa~e an accael ot 1bc b?debtedness hereby secwed, a ~o oeneit the ~1~aRnr i ~ to reca~e snA nse i~, or anr psrt thcreot, witAout Wereby ~aiv?as a ispa~na~ sny e~ity. lien, o~ n~ht undtt ~nd by ~ulue o( th~. ~ wat~a~t. In e~ent of loss ar phrsical dsma~e to tbe wott~a~ed poperly the Mottp~ot sb~lf ~ive ~aacJi~te notice lhereof br n:arl ! the Nwlp~er +nJ ~he ~katpEee n~sY ~ke ~w.f u( 1~~.. d ~he ssme ~a not nude prwnptly by Ihe Nat~~~o~. la evenl nt lut~lrr.~e ol f • Y . ~ ~ ~ geoK2~3 ~i349 ~ . _ r~_.: