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Home My WebLink About1326 • ~ i 1 ~ . ~ ~ PROVlDEn, ALWAYS. that i[ the Mort~a~o~ shall pay unto 1he Mo~t~a~ee the iodebtednes: evidonced by a . certain promisso~y note a[ which the followin~ in wads and C~ure• is • uue copy to-wit: _ , : ~dyN~R~ ss.,~~..,pp Fort Pierce, ~a;d, May 12, ~~73 FoR VA1.UE RECEIVED jointly and severally, . pwm~e cu pay , to ehe ord~~ of _.(~jHAN @Q N ANO SY V A 80DENS7EIN HIS WIFE th~ pnncipal sum o( T~ T~ ~~~1~~~`~U -~~Z~~ .L , log~ther with ioterrat th~reon (ram date at the ~ate of ten pcrcent, pet annum untii matu~ty, both principai a~d interc~t being payable in lawful mo~ey o! ~ th~ ()n~ted ~tates ~t 22~t Rix~yne Alvd., ~ti~mi, Ftorid~, or at wch othcr place as the holders hereo! may design~t~ in writin~. Priocipal and interrat p~y~ble ie inst~Nment~ a~ foUowa: FIFTY-FIVE ($55.00) DOLLARS per month, beginning on the lSth 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 in whole or in part a[ter one yeac from the date heceof upoa payment of a p~nalty equivalent ;o ve percent of :he prme~pal sum prepaid. - E:~ch en-tallm~nt payment ~hall be ~•rrdited firat on thc interest due, and the r'mainder on principal; and intrrr~t ~hall thrn- u' n ceasr upun the principal ~o ~redited. - Th~ makers and ~ndorsers af this note.turther agret to waive demand, notice of non-payment and protest, ~nd in thr event auit .iull !x brouRht tor the collection hercof, or the same haa to be co!lected upon demind oi an attorney, to pay rea.conable attorney'~ frr. for making such collection. Dei~rred paymeols hereunder ehall bear interr~t at the rate of tee pereent pe~ a~num irom maturity until paid. 1'hia not~ is recured br • mortg~ge of even date h~~ewith and is to be construtd and enfor+ctd according to tht laws of tht ~tate o( fl.xida; npon default in Ihe parmsnt of principd andlo~ inte:est when due. the whole sum of prin~ipal and interest rrmaming unpaid ah~ll, at the option of the holde~e, become immediately due.and payable. . , . C=~~! L~ ~ t~~•~~.-~-- (SEAL) ; ~ ~sen~~ ~ ~ _ _ , and shall pertorm, comply w~th and abide by each and every the stipulations, agreements. conditions and cove- nants u[ sa~d promissoty rtote 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 a~~ees: ? (ai To pay all and a~a~utu tbe princ~p~l and iaterest and othet swos ot money paYable by vittue o[ sa~d prom~ssay note and th~s deed, or either, pomptly on the days respec~ively the s~me atret~lly becomes due. (b) To permit, comie~t or au(ter no rrsste and to maint~in the improvemeob at all timea in a et~te ot ~ood repair snd condition. ~nd to do or penpit to be done to s~id premises noth~a~ th~t vritt alter or cA~a~e tht we ~nd c6~ractet of said poperly or in sny ~ray imp~ir a w~eakcn the aecu~Hy ot tAis nwnsa~e. And in case ot the re(us~l, ne~lect or ie~bility of the Mort~a~or to repair and m~inuin s~id proper- ~Y. ~he 1Aatp~ee m~y, at Ais opt~on, make auch repaira or cauae the same to be awde, and sdrance moneys ia tb~t beA~lf. (c) To pay sll aod ain~ular the ases. ~ssessments, levies, liabil~tie~, ~ad obli~~tious of every n~ture on said desctibed property tach and every ~hen due snd p~yable accordiar to lar, betore they bscase del~nquent. ~nd to deliver to tbe Mort~~tee oe or Aefore March IStA ot e~ch year tf: receipts evidencin~ the p~ymeot of •11 I~wfully imposed t~:es for.the prectdio~ c~lendar ycar; to indemnity the ~ M«tp~ee upon his demand ta all tases, assesa~uents and cAsr~es that m~Y ~ssessed upon chis mwesa~c on ~he irdebteQaess s•- ~ cured hereby, and paid Ay the mortsa~ee, withou~ re~srd ~o aay I~w heretofore eeacted or here~fter to pe enacted imposin~ ~yment ot , the rholt a any .qrt thereot upae the Mort~i~ee. (d) To p~y all and sin~ular tne costs, cAat~es anJ eapenaes. includin~ la~yera' fees and ab~tr~ct costs reasmably incuned ~x p~id at •ny time by tAe Mat~~~ee becaust of the f~~lure on the part of t6e Mort~~~or to perform. coa~ply ait1~ and abide by e~ch and every the ~ s~~pulationa. ssreeaents, conc'itions and coven~nts of s~id promissay note ~nd tbif deed, o~ either, and evety sueh~p~ya?ent sh~ll be~r ; ietere~t (raa d~te ~t ~he ~~te of ten (10~.) per centum per annum. ~ ! ; (e) !t i• turther eoree~pted and ~~re~~ bY ~~id p~rties t6at in tAe e~ent of a suit bein~ inatituted to loreclose Nis mortp~e. ehe AAore- f ~a{ee sb~ll be entitled to aoplr ~t ~nr tiae peedias sueA /weclosure tuit to tbe coun b~~in~ jurisdictian thereof fa tbe apoointment f of ~ rseei~er ot ~II and ain~ular ~he .o.4.~ed ~opcny. ~nd of ~II reeti. iacomes. p[otits, issue~ ~nd reveeues thereot. tras rrh~tsoever ~ swrce derived: u~d the~eupai it ie hercby e:pre~sly eorenaated •ad a~teed tAat t6e Court sh~ll torth~ith ~Ppt?int ~ucb receiret rith d?e ww! pooers and dutiss ot ieceiveri in like c~sea; ~nd s~id •~ointocnt shall be m~de by t6e cavt as ~ is~tter of slrict ri~At to thc Ilat~~~te, ~nd ~itAout re(ercnce to the ~dequ~cr or iaadeqnaef ot the r~lue of the propetty herebr matq~ed, o~ to the solvency or inaolrency o( the Mort~~~ors or any otAe~ p~r~y defend~nt to a~eh iuit. 7he Alorisasor Ae~cbr,pec;fee~llr r•ives ihe ri~h~ ~o objec~ to the ~~oiat~eat of ~ receiver ~s sfores~id ~nd hereby espre~sh em~enta t6~t sueh ~ppoinusent sh~ll be aude •s an admitted equ~ty ~ ~ ~nd ~s s s~tler of ~bsolute ri~ht to the ?lottp~ee ~nd th~t tbe ~~me m~y se done ~nthoul notict to the Mott~~~or. ~ (f) Jf (oreclosure procecdia~s shorld be inatit~ted a~~iiut the propertr torere4 by thfs mott~s~t uPon aer other tien or ctaim whether ~~le~ed to bt superior or junior to the lien of t6ii marya~e, the Mottj~aee mar ~t Ais option iaimcdi~ttly upon institutim o( such su~~ ot dunn~ Ue pendencr Ihereot decl~re this mort~~se ~nd the iMebtedness saured hereby due •nd p~y~ble tatht~th and may at its i option proceed to facclo~e thi~ mon~~~e. Th~t tht Mott~a~ot ~rill keep all real and person~l property non or hereaRer encumbered by tAe I~en ot thia mortsaie lnsured as msy , be ~squi~td trow ~i~e to tiee Dy ~he 6lortj~{ee ~pinst loss by fire. ~iadstorm and other has~rds. caswltiei ~nd con~~n~encies for such ? oeriod~ and (ar not lea~ th~e sucA •eaunu ~i ~ur be rsquired by the Mortp~ee ~ad to p~Y pronptlr ~hea due ~11 pem~ums (a such ~nsurance. Tht ~eounta of in~urtace required br t6e tAort~a~ee ~6~11 be tAe eua~mwn amounta fa rA~cA aaid insur~nce shsll be ~rnuen u~d it sh~l! be ine~wbent nPan the I~lott{~{at to maiat~in such ~dditiaa~l iasurance may be neCess~ry lo meet ~nd cotaply fully w~th E •11 co-in~ur~scc requirements eontrined in s~id policie~ to t6e eod tb~t the i~id Mort~a~or is na ~ co-insuror tAereunder.tn~~u~nce sAstl bt wnttee Sr ~ casaar or co~p~e~e~ ~dprored or desi{nNed by tbt Mottpaee ~nd all pol~cies aod rsne~als thereo( sh~ll be held by Ihe Idort{~~te. All detailed desi~o~~ioas br the Mon~~~or vrhieb ue ~cceptad br d~e Mort~~~ee and all ~reemcnts 6et~een Mort~a~or r sed Mort~~~ee retaun~ to in~ur~nce. no. e:istin~ o~ huedicr a~dt~ sh~ll be in writin~ ~nd sANI 8e ~ part of thi~ aott~~~e ~~reaee~t tullr ~s tAarah is~ fatb ~erbst~~ btrein and ~h~ll ~o~crn bo~A psrties Acreto ~nd ~heir s~ccessors ~nd ~ssi~ns. No lien upoo ~ny of € s~ld oolieics ot ~nsu~~nee or ~Pan ~mr retund o?retu~n oraaiw~ rhich iur Ae P~y~ble oG the e~aesll~tian or tenain~uon thereof~ sh~ll ~ be ~iveo ~u otber thaa tbe I~toct~~~ee. escePt by ~oyer endorseaieat ~ffiied to sucA oo~icy aad ~~rored Ar ?la~aa~ee. Eacb policy ot 3 inirr~nce ~Mall hwe ~ttiacd theteto ~ St~nd~rA Ne. Yak Mortp~ss C{~rst r~~Aaut CoetribuUOn. e~akin~ all loss or losscs uader auch a Policy ~y~ble to tht Mortp~ee ~ts ~otere~t a~y ~~sar. Is the e~s~t aey sws a sw~s of naney becae~e aayable ~he~eunder the Nort- ` {~~ee shatt h~ve the oPtion to rtceive ~ad aOplr tbe aa~e oa aceqwt ot tLs inde0tedaeaa hereby secrred, or to yennit the ~Ior~~aEnr f to rscei~e ~~d we u. qr ~ny Psrt tAcreo(. ~nWout q?stsbr ~~ivini ar iip~~nn~ •nr cquitr~ liea, a ri~ht u~er and by vuiuc ot th~~ t wo~t~ya. In erent of lo~s a pMrsic~l d~N~e [o tbe ~ery~~ed prooertr the ~/ott~~{pr sh~ll ~ivt ~aosedi~te not~ce thereof by m~il a~ ~ the ~fort~~~ee snd iAc Mwt~ajee iwr s~ke poof of losa if tAe s~rnt i~ not m~de proa~ptly by the 4 ts.+ar. (n cvcm n( (ae~ln.ure of E ~aox214 ~~~fZ~25 i ~J ~4 ~ tcN. h : . ~ I I n .q ~ ; .x ~ ~ ~ ~ ~ ~°t'~"~~~. _