Loading...
HomeMy WebLinkAbout0079 ~ 4 . PROjTIDED, AL'AAYS, that it t6e Morta~or .h.u p.~ ~c~ ~e .~ona,a~ the indcbtedneN e~ideaoed b~ a certain prani~sor~ troto o! ~rhicb the foUowin6 in words ~nd ti~res is a true oopr to•wit: 30.050.00 MORTGAGE NOTE ~i~Ym;. F~io~~aa, A~~'~ ~ . 19 73 . tOR ~':~LUE RF:CE11'ED, The undersiiCned promise(s) to pay to the ordet ot WILLfAM W. CBSA R~ 123'j$ LJ?fttsHpRt OUL[VMD~ LiViLANO t0 ~ or sucb other pis~ce as lhe holder(sl may from time to time la wNtfng desfBnate, the pNncipal sum ot THIRTY THOUSAND FII~TY AND NO/I00----------------------------- 30 OSp.~p - Dollars ' ) ~ tugNther Nith iMetest lhereon upon lde unpaid 6alance, at the rale o( per centum pet s~nnua? trom date hereot until tully patd, both 4~rincipal s~a~l intcYest beiag p~able in lawtul aaney ot the United States. ps~yable as tollows: T~it SUM Of ~~OOS.OO~ lLU: ACCRU[D INT~T~ f1iAL.L st rAY/18L.E OC7~0/tR 1~.3~ AND A l.IKR sllM~ PWi AOCRUtD 1lRtRtfT~ ON TH< rJTH d1Y O~ ArltlL AHD OCTOYSlt OF ~ACH iIJCCi~OiN(i Y~J1R ' THtRiAF~'tR UNTIL Tl11~ O~L.IGATION HAS attN MID IN lR1LL~ ALL W?Y- MEMTS TD Ot APPL.ICAY~.t FIRS?' T~ IM'~ST /1ND THEN TO PRINCIlMt.. TH18 N07't MAY 8t PASPAID IN'AlIT 0!! IN lrtX.L`AT ANY TIMt WRFWtR P~NAL.TY. nilP in dr(ault this note shell bear inter~at at the rat~ ot t~n {~e~r centum per annum. L• iurthr~ stipulated in the ciecution o( this nc~te ~hat should the maket(s) hereof iail to matr any puy~mentc of principal or interes~ at the timr~ th~ seuk I~T[EN -~~~~m.- dur and peyabtc and should the seme remain in default Gx a p~riod o( days, then t6~ remaininR payments then unpaid sha~~ imm~d- . i~~~comr du~ aud papable in aci•adance with the tetms and cunJitions of th~ mortRaRe lhis dar e:ec~ted bY the mak~r(s) hereof. Failure to r:ercise this ~ha11 not cunstitute a naiver oI the riR}u to eiercivr thr same in the ~rent uf any subsequent default. ~ l FP mak~r(s)~ ~ndursrrs. curetiev, RuaraMors and a11 nthPr pers.,ns v~o may become liabl~ (or th~ papment hrreof. sevrrally waive d~mand. presentment. •S nun-payment and notice c.i pn.test. and in ca~e suit shall be b~ought fot Ihe collection hercof ~x any part h~rco(. nr the seme has to 6e collected upon ~ :~f an attorn~y. to pay reasunaLte attorney~'c IfPC (or makioR seich collrrtion and all coats incurred therebp. I i~i~ i~c a mortRag~ not~ e:ecutcd simultaneouslg with and vecured Fy a mortRaR~ o( ~r~n dat~ herer.ith ma~3~ b~ th~ ma4~r(s) herein t<, the pe~~~(s) herein t.~ br ~o~strued and enforcrd according to th~ laws of the State u( f'Iur"da. / -PTii~T'!'2f w~nu~a _ _ . aad ~hall pa~form, oomplr Mrith and abide b~ each and e~erp the stipulatione, asreement~, conditiona ard oovensnta of said prnmiasory note and of this deed, then this deed and the a~tate thereb~r created shall ceaae and be null and roid. . 1. The Mortaaaor bereb~ oovwanta and a~reea: (a) pq aU ~sd sin~alar tbs prjneipd +ad intenst and o~her s~s of oa~ne~ p~srbls b~ firtoe ot said premiswry note and tLi~ P~mPV7 os the dal~ ~qP~~Y ~ saa~s setaall~ bee~a~e~ due. (b1 T~ persit, craumh or saffer as vraste ~ad b maintain tbs impro~emeat~ at all ~iecs in ~ ctate of ~oad repair and condition; and t~ d~ or pasit t~ be dooe to s~id premjses n~t6ie~ tbat frill alter or e6an`e tbe are and c6~racter of ~aid pcopat7 or in aa~ aa~ i impair or weakea tbe ef t6ia mortpse. Aad in we of the refosal. ne6leet or iaabilic~ of tbe Mortpa~r to repair snd maintain a~W peopertJ, the Mort~ee wsy. st his option, malce ~neh rapdn or cawe t6e same t~ be mide. aod ad~anee moeeys in that beball. ~ (e) To p~~ all aed ~iniala tbe tues, stses~meiw. le~ics. 1Lbilities. and obliptions ~f e~erp n~t~re on said deseribed pcope~t7 e~c6 and e~er~ ~r6ea d~e and p~Yab4 aeeordjn` to laM. betore the7 become dclinyuent. and to deli~ec to the ,ioiriaa`ee on or before M~ 1Sth of eaeb ~r tax reeeipq evideacint tbe p~rme~ of all 4~?tdl~ imposed taxes tor the pceeedins edeadar peu: to indemaif~ tbe Mortpjee op~a bis dmand !or dl taxes. aueuaeots aad ehu`es tLat ma~ be akessed ipoo this mort6~6e on l6e indtbtedneES secarrd ! hereb~, and p~id b~ t6e mortp`ee. witboat nsud to aar lavr hereto(ore ewcted or herafter to be enaelea impos~n6 p~7mea~ ei t6e ~ wbole or au~ p~rt t6ereot apsn the 1[ortaaaee. ! (d) 7'o p~~ a21 and siosalu the eo~u, ehu=ea and eYpemea, inclodinF lawyen' fees aod abttract eosu narsoabl7 inearred or pajd at ; an~ time b~ t6e U[ortp~ee beeaa~e o[ the idlare on the part ot the 31ort~or to pertorai. comply wit6 and abide b~ eac6 ~ad e~erp ; tbe ~tip~lation~, a~reements~ conditiona snd eo~eaants ot raid promiESU~ nate and thii mortp~e or either, aad e~eryr cnc6 pa~meot ahall ' bear intereat from dau ~t t6e rate ef tcn per eentnm pec annnm. (t) it Is fmthe~ eovenanted aad a6reed b~ aid paetiei tbst in l6e e~eat o( a suit beiaa institoted to tote~lore tLit mortp6e. t6e Mort• p~ee sha11 be eatitled to .~r ,c ,ar snch (oreelotnre suit to t6e cowt hivin6 jariedittion thereoi ior the appoiotment ot a reeei~cr oi d! and sin~nlar ~he mort6a6td propatr. aua oi all ~ents, incomes, prot'tta, i~snet and reveenea tbereoJ, tsom ~+hd- ' soc~er woree deri~ed; ~ad ihereapon it is 6erebr apresslr ce~enaoted ~wd agced iLat the Coart shall io~with ~ppoiot.e~eh reoei~er ` r+itL tbe ssad poxen and daties of reeeiven in lilce carea; aod ..id appoioueenc sbull be ,~ade b~r t6e Go~c a. a maner •f aria r~ihe te t6e ~ortp[ee, and ~.itho~t rekreaee to the adeqaacJr or insdeqnat~ of t6e ~dae o( tLe properi7 6ereby iuort~ed. oc io ~he .ol.ener ~c iawi~eoey of the Mottpsors or any other put~ defend~nt to snch ani~ Tbe Mort`a6sr heteby ~pceiilcaUr ~rai+e~ the ri66i to ob~ect c• ~6e .ppoi.u~eaR of . reeei.er at•ee..id .nd baebT ~pressir coa.enu ~ba~ ~.ppsin~aea~ sl.aq be msde .s an ~da~ftte~ eqoA7 and a~ • aue~ of ~late ri~t t~ t6e Mo~t~ee aad ~6at tbe sime ma~ be done xithont notiee to t6e 1[ort~6or. If t~reelosare proceedlnas slroald be ins~it~ed iaainst tbe property eorered by thu mort6ase opon sar other lien or claim ~?6dLu alle~ed t~ be wperi~r or jnni~r to the Ifen of tfii~ mort6ase, t6e Mort~`ee tna~ At hfs optf~n immed'utel~ npon in~tfintMo ~eb wit or d~ tLe pendeac~r thereot deetue tLi• uwrt6a`e .nd ~he iade6~edDeas secared berebr dae and paYsble tor~hw~itL ~nd aa~ •t ita optlon pnceed to loreclose this mort`a6a 'Prat tbe ~taetsaaor w~iU keep ol red and pcrwn~l propert~ no„r or 6ereatter cncnmbered 6y t6s lieo of ehi~ monpte insored as ms~ be reqnired from ~ime to tie~e b~ the ~dort~a`ee apinit !oa b tire. ~?indaorro and ot6er ba:ards. cawalties and eootinieaeies [or sne6 periodi ~nd for oot lds tbm weh amounts u noa~ be .reqairc~ bf tbe M~ttN6e~ and ts P~7 P~'~d1~7 ~+~n doe dl peeri~ms ; for sae6 inwranea The amounts of insocanet required b~ t6e ~oAp6ee shsll be tiu minimnrw ~moowt~ (or xbitL said inEnraete s6all : be writtea and it skall be iacambmt npoe tl~e ~I~rtaasor te maintiin ~ae6 additiowl insnrance u ma~ be ~ees~ar7 to meet ~nd tsmpl7 ~ ; hll~ wh6 dl eainsarance requirement~ coatained in wid pelicies to the eod that t6e wid Atortp~vr is not a cainaaror therraad~. ~ Insaraooe ~Ld) be w~rltte~ b~ a c~epae~ ~e e~epvie~ appre~red or desi~nated b~ tbe ~ortpiee ~nd all p~Ueia a~ rene~sds /hereet .Lall be 6eid b~ iLe lior~a,aee. All daaUed daije~;on. b~ ~6e Moresa~or w6;ch are .cce~Ced br ~be l~ortpsee and dl a~ree~mu ~ bet~?eeo idoAp~or and ldortp`ee reLtin~ t~ inwraoee, non erietins or beraher ts~dc, ibaU be in r.ritin~ ~ad ~liall be a qrt o! tLb ~ ~et~a~e aReeaeot u fdl~ as t6oa~h ~et fort6 ~erbatia~. 6erein and ihdl ao~era bt6 p~rtie~ I~erets and tbeir sacecEwn and ~wi~. ~ ~ N~ liea tyos ee~ of wid p~llcfes d i~a~es K apoa anr refaod or rat~tn prewiom which ma~ 6e pq~ble on ilk eaneellatios ~t tee~~s tbeceof. s6all be ~f~ee to otber t6so the MortPi~ee, e:eeP~ bp PrePK cnder~emeut d~:ed 1o soeh polie~ and ~ppn~ed b~ e~~ Msetp~ea Fae6 poUcr ot inaoranee sLall bi~e dt~ed thaet~ • Standud Ne~r York Mort6a6ee Cl~nse ~ridwat Con~ribotion, makie~ ra~ all lws or loues ander sae6 polic~ p~7able w tbt ~~et~asee u its ieterest var appear. In tbe t~ea~t an7 snm or sams of moaer ba tOm! q~LIE l~t[tLDatf'. t6e 1[ortp6a shall ba~e t6e optiM ts tieeeita ~nd sppl~ tbe ssae ~u ~teoont ot the indebtedness hereb~ se- emed, or to permit the J~onp6or to recei~e ~nl ore it, or aop patl tbtreoi. ~+itleoat tLcreby aair~n~ or imp~irin6 snr eqnitT. liea or ri6ht _ nnder ar~d by d:rcae of [hii mortp~a to e~ent ot loa or physied damsae to the aNrtps~ ProP~! ~e ~~rid~Eor ~hall ~ivc im- . _ h~ mai! to t6e Ilortpsse a,od tLe ~~rts~tee ma7 mske pcw( ef law if tbe ~ame ia not msde pro:=~F~!~ t z;hf ~ , < . . - - ~ . _ . . . ~ _ , s"