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HomeMy WebLinkAbout2107 ~ • • ~ - PROVIDF.n, ALWAYS. tha~ if the ~lortja`o~ shall pay u~to the ~1ort`aece t~e i~debttdness tv~Jencrd hy a ~rrtai~ p~omi~ai~ry note ~f which the fo1loM~n~ in wotds and fieutes is a true copy to-w~~t: ~Ca~e,~~ ~ste , s 3,15Q .00 Fort ierce , Ft«;da _ June 9, 73 ~ ~ , ~ ~ FnR VALUB RECElVED I promiie tu pay ~.totheord~rof_~ORR~,,~ROMAN AND CECILE ROMAN, HIS WIFE ~ . Uth~ pryncipal sum ot Tl{R~E THOUSAND ONE HLTNDRED FIFTY AND t1o Q~LLARS, togelhet with intecrat th~reoe (rom date at the t~te of ten percent, per ~onum unti) maturity, both principal ~nd intunt bein~ payable io law(u) money uf th~ Uoited 5tates at 2244 Biscarne Blvd., Miami, florida, or at such othe~ pl~ce as the holders heteot may designat~ in wtiting. Pnncipd and intereat pay~ble i~ ieiWlments u toltowt: SIXTY-FIVE ($65.00) DOLLARS per month, beginning on the lSth day of August, 1973, and continuing on the 15th day of each and every month thereafter until paid in full. This note may be prepaid ~n whole or in part after one year from the date hereo( upon payment of a penalty equ~valent e:~ f~ve percent of ihe pr~ncipal sum ptepaid. ~ Each in~tallment payment ~.hall be credited fitat on the int«e~st due, and the remainde~ on principal; and intrr~•t •hal! thrrr- upoo c~a~ upun the ~?nneiPat so cr~dited. Th~ maken and ~~dorsers o( this note (uKher agtee to w~ive demand, notice of non-payment aed ptotest, and in thr ~vent suil ~ .l~all b~ brou~ht for lhe collection hereuf, or the aame has to b~ collected upon demand of an attorney, to pay teasonablr attomey'c ' (rr. fo~ makinq ~uch collection. ~ Def~rr~d p~ymenta hereund~r ahdl dear interest ~t the rate o( ten percent per annum (rom maturity until paid. l~hi, not~ ie ~ecured by a mort~e of rven date herewith and is to be conawed and enforced according to the laws ot the ate of Flr.nds; vpc~n drfault in thc payment of principd andr'ot intereet when due, the whole xum of ~rin~iwl and intereat ~ mainin~ unpa~d ahdl, at the option of the holders, become immcdiitely due and payable. ~ ~ { ~ ~~7,lGC~' ~s-rd'1~G•t' C~c c lG~ S t?7' ~ (SEAL) 1 - i ~ ! (SEAL) ~ ar~d ~halt perform, cumpty w~th and abidr by each and every the stipulations, agreements. conditions and cove- nants of ~aid Prixnissoty nate and of this deed, then this deed and the estate thereby created shall cease and be null and void. ~ 1_ The Mortgagor h~reby covenanis and agrees: ~ !al To pay all and c~naular the p~nc~psl and interest and utAet susnc o( money payable by v~rtue of sa~d prom~ssory no!e and th~s deed, w euber, promptly on ~he days reapect~vely the same severally becomes due. (bl Tu permit, commt or suttet no rraste a~d to ma~num thc ~mprovemtnts at all hmes m a state of ~ood repa~r and cond~uon, and to do or perm~~ ~o be done to sa~d prcm~ses no~h~ns thst w~ll alter w chan~e the use aud cAaracter ot said propeny or m any way ~mpa~r or weakrn ~he secunty o( th~s mort~a{e. And m case ot tAe refusal. ~eNec~ or inability ot the Mwtt~6a ~o «W~~ ~~~~+~n said proper- iY. ~he Mortpeee mar, at h~s opuon, make such repaus or cauce the samc to be made, and adrance moneys in tMt behalf. (cl To pay all and c~n~ulu the uxes, assessments, le"v~es. I~aD?lities, and oblipuons of erery nature a+ ss~d described property each _ and every wAcn due and payable accord+na to law, before tfiey become delinquent, aad ~o dtlive~ to the Martsaaee on or be(ore March IS~h ot esch year taa receipts ev~dencm~ the paymeet o( atl la+~tully ~mposed taxes for the precedm6 calendar year, to ~odemm(y thc Afa[~a~ee upon his Jemand tor all taxes, a.sessments anJ charaes that msy be assessed upon this malasje on the ~ndeDtedness curcd he~eby, and paid by tbe mort~aaee, ruhout ~esard to any lar heretofore enacted or herestter ~o be enacted impos~ns ~ayment o: ?he Mhole or any vrt t6ereof upon the Alortsa6te. !dl To pay all and y~ntular tAe costs, chat~es and expen~ces, ~nclud~n~ larye~s' (ets a~ abstnet costs reasonably incuned nr Qa~d at ~ny t~me by ihe \ta~Ea6ce becau.e uf the fa~lure on the part of ~he Mwtassor to perlorm, comply ruh and ab~de by e~cA and every ~he ! .~ipul•uons, asreemenis, cond~uons and covenants of ss~d proeussorY note and th~s deed, or either, and every such'paymem shalt Aear ~ m~rrest f~om da~e at ~he rate ot ten 1104~) per centum per annum. ~ (cl It ~s (urther corenanted and apeed by said parues that ~e the event o( a suit bem~ insututed to (aeclose this mortsaie, the Mor~- E 6at~e sAal1 be enuUed to apply at sny time pendin` such toreclosure suit to iAe court hsvin~ Junsd~caan ~hereo! tor the app~mtment of a rece~ver of all and sin`ular tAe mort~a~ed property, and of all rems, ~ncomes. profits, issues and revenuec thereof, from M•hatsoe.er .ource denved, aad thc~eupon ~t ~s hereDy expresslr covenanted aad apeed that the Court shall torthrith ~ppoint such rectiver wuh ' ~he uswl porrers and duues of receivers io likt uses; and sa~d appomta~ent shall be m~de by the court as a matter of st~ict n~ht io ` ~hc !Ncwl~asee., and ~r~Ihout re(erente to the adeqwcy or madeqwcy uf the valut of the property hereby matp~ed, a to the solvency ~K msolvency of the Mortp~ors a any other party defendant ~o cuch su~t, The MortEa~or hereby spec~hcally vaives tAe nsht to ob~ect to the appomtment of a rece~ver ac a(oresaid and hereby eapressly consents tha~ such sppomtment shall be made as an admu[ed cqu~ty ~ and as s~natter ot sDsoiute nsh~ to ~he Matpdee and that the same may be done +~~thout notiee tn the Mortsa~m. If ) I( forectoswe proceedio~a should be ~nsututed a~~inst the propertr core~ed by this wort~a~e upon any other I~en or cla~m whelhe~ allesed to be supenoi or ~unior to the 6en of tAis mortp~e~ the Mort~a{te may at h~s optloe immtd~ately upon inatituuon o( sucA su~1 or dur~n~ the pendency thereot declare th~s mort~a~e aod the indebtednrs~ secured hereby duc and psyablc (athw~th anA may atir. op~~on proceed to foreclose this mat~a~e. ~ 1~1 Th~t the Mwt~a~a vrill keep alt reai and personal property nor a Aereafter encumbered by tAe lien ot this mortga~e ~n~ured a~ may he required fran hme to time by the Mort~a~ee sqmst loss by fire, r~ndstam and other hazards, uswlues and conhn~enues fur such ; penods and Ia not less than such aawun~s as msy se requued by the Mortp~ee and to pay promp~iy wAen due all prem~ums lor such msu~ance. The aawunts of insur~nce requ~red by ~he Abrts~aee sbill be the m~mmum aewunts for wh~ch sa~d msur~nce shall bs rntten aed ~t shall be ~ncumbent upon the Mort~a~or io awintain suc~ iYY~iiv~~li __.^.=t ns ~ny ~rc~<sary m~eeet and comvly fully w~th i all co-~nsurance reQuueaients conta~ned in ssid policies to the end that the said Mor~6asor ~s not a co-~nsura ~hereunder.lnsurance chait bc rntten by a coopany a coopan~as spproved or des~gnated by the Marttasee and all pol~c~es a~ rene~alc thereof Sha11 be held ; by the Matpsee. All deta~led des~~nsuoos by the Mwt{asw ~rh~ch are acceptcd by tAe Mortp~ee and all asttements betreen Mortsasor and Matss~ee rel~tm~ to maurance, no. eaisun~ or Aorufter msde, shall be in wnhnj and sh~U be a par~ of ~his mortp~e s~reement ss lully as thousA aet taiA ve~b~tim here~n ~nd sAall ~overn both parties hereto aed t6tit sYCCessots ~nd ass~~ns. No lien upoa sey of ~ said pol~c~es of ~nsuroace or upon any refund w return prem~um .hic6 ee~y be par~ble on the cancellanon or ~crmin~t~on Nereol, shal) ! be ~~ven [o other rhan the h1o~t~~~ce, e~ecept by proper endorsement sffiaed to such poluy and ~ppovcd br Mat~a~ee. Each pol~cy nf ~nsur~nct shall have aft~atd thereto a Sundud Ne~r Yak Mort~asee Clause w~thout ContnbuUOn, mak~ns all loss d losses unJer ~uch pol~cy payable to ~he Mor~p~ee as ~ts ~nterest may appear. In the event any swn or sums of enoney become p~yable ehtreBnder tAc ~tort• ; gasce sA~ll har~ the opuon ~o rece~•c and spply the same on accow+t ot t6e ~ndebtedness Aertby secured, or to perm~t tAc \1nr~EaEor to rece~ve and use ~t, or any part thereot, w~tAout thereby ramo~ or ~mpa~nns say equ~ty~ I~en, a n~ht under and by v~rluc of th~. m«IS~~e. In event ot loss or phys~cal dama~e to Me mor~~a6ed property the Ala!`a=a sAall a~re immedutt nouce tAerc~~( by er~il t., ~ thr \lwla ~~c. anJ ~he ~Mr~EaRee may make pr~~uf of I~,~. Ihr .amc i~ not miJc prumptly bY (he \latdaaa. In evcm o( ture~l,..utt o! t , _ ` g Ji~t ~ P,1Ci _ ~ --s _ ~ ~ . , _ . _ . _ - K