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Home My WebLink About2812 . . ~ , PROYIDEn, AIWAYS, that if the Nort~a~or shall pay unto the ~Io~t~a~ee the ~ndebtedoess ev~Jenced h~ a cetta~e ptom~ssory note of which the followi~~ in words and fi~ures ~s a ttue copy to-w~t~ ~dH~~~ ~ Fort P erce, 73 ~ s? 525 _ 00 ~~;d, May S, ~ FoR VALUE RECElVED WE. jointly and severally, p~omi.e eu p,y y to ehe o?der of _M~RRIS MOSE E the pnncipal sum o[ . T~10 THOUS ND FIVE D , togethe~ with intercat thereon f~om date at the ~ate of ten pereeot, pe~ annu~n until maturity, both principal aed intereet beinR payable in lawful money ut t6e Unitcd 5tales at 2244 Biaearne Blvd.. Miami, Florida, or at weh other pl~ce u the hdders hereof may desi6nate in writin~. Principal and intetr~t payable in iiutalimente u ~ollows: FIFTY-FIVE ($55.00) DOLLARS per month, beginning on the 15Ch day of July, 1973, and continuing on the 15th day of each and every month thereafter until paid in full. This note may be prepaid ~n whole ot in part atter one yeac ltom ~he date hereof upon payment of a penalty equivalent to five percent of the pr~nc~pal sum prepaid. Each in•tallmeot p~yment ~.hal) be ~red~ted firat on ihe interest due, and the remainder on principal; and intrrr.t •hal) thrre- upon cease upun the pnncipal ~o c~ediied. Th~ makers and rndorsers of this eote forther a~ree to waive demand. notice o[ non-payment and pwtest, ~nd in thr event suit .I~al) br brouRht (o~ the collection heteuf, or the ume has to be eollected upon demand o[ an attorney, to psy reasonable attorney'~ (rr. (or making ~uch tollrrtion. De(e~nd p~rments hereunder ehdl bcar intete~t at the rate of ten pereent per annum Irom tnaturity unti) paid. l~hi~ note ie ~ecured by a mottp6e oE even date hetewith and ia to be construed and enforced aecording to the laws of the ~tat~ of Ftnrida; upon detault in the paymcot o[ Principd andlo~ interest when due. the whde eum of prinripal and interest rrma;ning unpaid aha11, at the option of the holdtes, become ienmedutely e and payable. ~ L , L ~ rl~ (SEAL) ~ ' 4 ~-c~~-~. • 't~ . -c-f ~SEAL) ~ ar~J ~hall perf~rm, comply with and abide by each and every the stipulations~ agreements, conditions and cove- nants of taid promissory nute and of this dead. then this deed and the estate thereby cteated shall cease and be null and void. 1. The Mortgagor hereby covenarits and agrees: la) To pay all and ~~n~ular the p~inc~pal and interest and other sum.c o( mopey paYable by virtue o( ssid pran~ssory note and tA~s deed. or e~ther. promptlY w~ the daYs ~especlively tAe same severaltY ~coaes due. lbl To perm~l, caom~t or sut(er no vrsste r?d to mamum the ~mprovements st a!1 times in s stste o( sood repair ind cond~tion, and to ' do or peneu to be dooe to said p~ea~ses noth~ns that rill alter or chan~e tl~e use aed character ot said property or in any vray.impa~r or r•eaken the security ot ~his mortpse. And in csse of the ref~sal, ne~leet or ~aability oi the Mort~a6or to repair ard mainaio said proper- ty, the 61or1~asee may, at his option, mste such ~epairs or cauce Ihe s~o~e to be made, aod ~drance mooeye in lAat behalf. Ic) 7o psy all and s~n~ulu the taxes, assessments, lev~es. 1isb~lities, aod obliptions o[ everr naturt oe~ said deac~ibed property each and erery vAen due snd payable accordios to ls~r, befae they become delinquent, snd to deliver to tYe UAortp~ee oa or before MarcA 15th ot each year aa receipts ev~dencina the psyment of ~II lawfully ~mposed t~aes tor the precedins cslendu year to indemn~fy 1he i Afatsaeee upon his demand for al! ta:es, acses~ments and char~es that mar be assessed upoe this mortaa{e on the indebledness s~- ~ cured hereby, and paid ~y the a+ortsasee, ~~thout tc~ard to aay lav heretofore enacted or bereatter ~o be enac[ed imposin~ ~ayment o: ~ the r•hole or any rorl thereo( upon the !Ncxtp`ee. i E (d) To pay all and ~~n~ular the cos~s, c6ar~es and e:penaes, includ~ns Isrrers' fees and abstr~et costs reasonably incurced n~ pa~d a~ ~ any i~me by ~he Mataaaee becau.e of the (~~i4re on ihe pari ot ihe M«ep~or io pecf«m, coaply ~rith aad ab~de by each and ere~y the chpul~t~ons, apeementc, caeditions aerd covenaets o( ss~d pranissory eote and th~s deed. a eithFr, and every such'payment shall bear ~ m~crest Gom date at the ra~e of tcn OOT.) per centwe per snnum. lei It ia fur~he~ covenantcd ~nd a~reed by aaid par~ies that ~n the event ot a suit bein~ instituted to [oreclose this matt~a6e, the Mat- ~ ptec shall be entitled to apply at any ~ime pendin~ such toreclosure suit to the coun ha~ins junsdict~aa thereof for the appo~ntmen~ of a receirer ot ail and siasulsr the ~ewt~a~ed property, and o( atl rcats, iocamea. protils. ~ssues and rerenues thereot. from ~rbatsoever g source denved; and iheteupon it is hereDy e:yreasly co+renanted sM a~reed that lhe Cau~t shall torthwith appoiot such rete~~er Wuh s the uaual porers and dut~es of receirtra in like cases; and ~~~d ~ppointment ~hall be aade py the court as a matter of stric~ ri~ht to ` ~hc Alartta~ee, and ~r~thou~ refe~ence to the adequacy a madequacy of the value ot the property hetebY iaort~s~ed. or to the ~olvency ~ o? ~nsol~ency ot the Mortaa~as a any other par~y defendam ~o such suit, The Mortp~or heresy specitically ~raives the nsht w ob~ect ~o the appo~nts~ent o( a receiver a~ sforesaid and hereby eapressly conseots tdat sueA appoinaeent sha11 be nude ss ~n admi~ted equ~iy ~ and as a ~sstter o( ~bsolute ri~ht to ihe Mor?piee and that the si4e auy be done w~thout notiee to the M«t~asor. ` (f 1 if forectosure proceedia~s should be instituted apinal tbe propetty covered by tA~s awrtp{e upoa sny otber lien or cla~m whether 7~IC6CA l0 bt SYptf~Of Of JW/Of to the lien ot tbis mort~a~e, the 6tottp~ee aay at h~s option irnsedutely upon ~nstiwuon of such su~t a durm~ thc pendency theteot declare this mort~~~e ~nd the indebtedness sccved hereby due snd payable fathv~th and may at ~~ti ~ optioa proceed to forecloae tb~s dartaa~e. , F Tha~ tbe ~Iortsator rill teep all real and personal property nor or hereatter encwnbered by the I~en ot this rsortsa~e ~n~ured ac may ~ be required froa tia?e to time by the Mortsa~ee aqinst loss by f~re, vindstotm snd otAer hazuds, c~suslt~es and contm~enc~es (ur such ! per~ods and ior not Iess thsa such aaauma as sar be requued by the Mort~a~ee aad to pay praep~ly .rhen due all prem~ums such ~nsurance. The amounta o( iasurance requued br the 1Aortj~see ahsll be the ininiswn smouats (or rA~ch sa~d msurance shall be wntten ~ and it sh~lt be u~cumbent upon the IAort{s{or to saiatain such-~ddit~onsl insYrance as aiay be nece~sary to meet snd canply (ully r~th ? sll co-~nsurance requ~rements cont+ined in ssid policies to the ead that the s~id Mon~asor ~s not i cw~nsura ~hereunder.lnsurance shsll be ~rntten by ~ compaey ar compaa~es a~oved a des~~nated by the Mort~a~ee and sll polic~es and rener~lt thereo! sA~ll be httd ; by ihe Mlatp~ee. All de4iled desi~nations by the Yortp~or rhich are accepted br tbe Mort~ssee ~nd sll asreewents betreen Mortq~a = and Utort~aiet rela~ins to iniur~nct, nrnr ex~stin~ o~ hertafter made. shall be io rntias and shall be a part of tAis mortp~e a{reee~ent ~ as (ully ss tAou~h set tath ~trb~uai herein snd shall ~orern both Parties hereto and U~eit snccessors ~nd assi~ns. No lien uoon any ol , s~id pol~e~es of lnswance or ~Pon ~nr refund or retum praniwn .bicb ~sy be p~yable on the c~accll~tion a ~enein~tioa the~eo(. sh~ll 3 be siven to other ~Aan tM Nott~~~te. eactpt by ptopet endorseseet •ftued to sueb pohcy and spproved by 1latpsee. E~ch ool~cy nf inswance sh~ll hsve a(f~aed thert~o • St~ndud Ne~ Yak ~/wt~a~ee Ci~ust r~tAout Con~nb~t~on, a~sk~n~ all loss o? losses w~der sucfi pot~cy psrasle ~o ~hc INortq~ee as e~s interea~ siy ~~e~r. In the erent anr swa or s~ws of naaer becowe ar~ble tAereunder the ~1or~- RiLet shsll hare the op~~on to rece~ve aaA app1Y ~t sawt on accoYnt ot tbe mdeptedness hertby secured. a lo Perm~! the ~Mx1EaFor ~ ~e rece~~e and ~se it, p any part thertof. witAout Wercby ~a~rm~ w ~s0urm~ sny eau~tr, Len, a nsh~ under snd bY vu~uc o( ~hi. mortp~e. In eveet of losa a phYS~csl dsma~e ~o tMt wor~{ated ~operly the Mort~s~or shall ~~vt ~~wedute nouce thereut by er.~~l a~ thc ~1~1~uer ~nJ ~Ac MnrqaEee nuY Tske ~~H,f o( lo.~ d thr .amc ia not eaade pumptly by the ~lott~a~or. In event r~t (ure~ln.urt of € BCCf~Z~ PaGF _ A ' ' _ . . . ~±~t'a°'`•~y'at".~ ~~rch