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Home My WebLink About0134 ' , t 1'ROVIDtiil, ALNAYS, that ~f the ~iort`a~or shall pay untu the \brt~a~Ca the ~ndebtedness e~•~denctd hy a rrrta~n pran~+svr~ nule ~f wh~ch the fallow~~~ in wo[ds and fi~ures IS ! lIU! COp~I l0-NII: I / _ ~ ~ • + s ~,41~00 Fort_Pierce, Ft«;da June 21. ~ i~_73 FnR VALUE RECEIVED ' promi~e tu pa ' to the ord~r of MnRRT.S RQTHBAR~_AND _ OSEPHINE R~ROTHBART~ HIS WI the prin~ipal ~um o( _,S~~THOUSAND NINE H[1NDRED SEVENTY-FIVE an ,.4 , ogelhe~ with interrat thereoe Gom date at the rate o( ten percent, pe~ aneum until maturity, bolh principal and interest beinR pay~ble in fawful money uf the ilnited itate~ at 22~14 8iacsyne Blvd., Ni~mi, Ftorida, w at such other place aa the holders he?eot may design~t~ in wntin~. Principal ~nd ~nt~rrit pay~blc in iestallmeet+a~ followra: ONE HUNDRED ($100.00) DOLLARS per month, for sixry (60) consecutive months, on the lSth day of each and every month, beginning on the 15th day of August, 1973, and continuing~until the lSth day of August, 1978, at which time the balance shall become due and payable. Th~s note may be prepaid ~n whole or ~n part after one ye~r from tho date heteof upon payment of a penaltq equ~valent ;o f~ve percent of :he principal sum prepe~d. f.~ch in,tallment payment ~.hall be credited tiret on the interest due, and Ihe remsinder on principal; snd inlrrr•t .hal) thrn- upon ~~au upun the pnncipal so cr~dited. ~l~all brhbrouRht !or thr c~o!lection hereoftor the aam~ha~t wbe co!leetcd upon demand of art attorney,to p:y reaconablr attomcy~~ ~ f.r. for making auch collectio~. ~ De(~n~d paymenta hereund~r ehall bear int~Kat at the rate of ten percent per annum (rom maturity until paid. l h~. note ia .ecurcd by a mort~ge o( evee date h~rewith and is to be ~onstrued and enloreed aecordmg to the taws o[ the ~lat~ of tl~nda; upon drf~utt i~ the payment of principd and~oi intereat wh~n due, the whole eum ot prin~ipal and inten rrma~ninR unpaid sh~ll, at the option of the holdets, beeomt immedi~tcly due and payablt. • ~ ~ , .~r,~ ` s~ t~s- '-'3= (S~AL ~ ' ~ ~2'~~~-~'~ t ' (SEAL) ~r~~ ~hati perform, comply w~th and abide by each and every the stipulaeions, agreements, conditions and cove- nants of sa~d prumissor~~ note and of this deed, then this deed and the estate thereby creat~d shall cease and bc null and vo~d. 1. The Mortgagor hereby covenants and agrees- pay a1~ and c~nau)~r the pr~ec~pal and ~nterest and uther sumc of mo~ey payable by vuWe of sa~d prom~ssory note and th~s dced, ~x e?ther, prompUy oo ~6e days respccuvely the same sevenlly becomes due. Ibl to perm~t, .omrnu ur soffer no ~rastt a~d to maintam ~he ~mptovcmeots at all hmes in a s~att of L~d repa~r and cond~uon,-and to do ~x perm~~ to be d~me to said pcem~ses nothm~ that wsll alter or chan~t lhe use and cf?aucter o( sa~d property or ~n any vray ~mpau or ,?caken the cecunty o( this mortp~e. And m case of the retusal, netlect w mab~l~ty of the Mortsa6or to repa~r ar.d ma~nam said p~oper- ty, the lNott~aRee mav, at h~s option, make such repa~rs or cause tAe same to bt made, and advance moneys m that behalL Ic) To pay all and sin~ular the taaes. assossments, lev~es. I~aD~l~ues, and obliptions ot every nature on sa~d desenbed ptoperty each rnd every .rhen due snd p~ysble accad~n~ to la~, ~e(ore they become deliaquent, and to del~ver to the Mort~a~ee on or before Atarch ISth o( etcA year taa rece~p~s ev~dencm6 the paYment of aU IaM~fully ~mposed taaes [o~ the precedm6 estendar year, to rndemnify thc ~tat~asee upon his demand (or all uaes, a.sescmen~s anS chsrtes that may be assessed upon tA~s mortsa`e on the ~ndebtednecs cwrd ht~eby, aod pud ~y the mcxiea6ee. M~thou~ resard to any la~r heretofore enacted or hereatter io be enacted ~mpos~na ~ayment o: ~hc ~Aole or any ~art thercof upon the \tor~~,a6ee. ' (d) To pay all and s~nsular the cos~~, charses and expcnses, mclud~na lawytrs' (ee. and abstract costs reasonably incurred or paid at .,n~ nme hy thc \I~tRaEce bec~u.e uf the (a~lure oti tAe part of the Mort6a`or to perform, comply ~v~tA and ab~de by each and every the .t~pul.~~ons, a6rcementc, cond~hons and corenants of sa~d prom~ssoty note and th~s deed, a e~ther, and every such'payment shall 1rc~r ' mtrrest (~um Ja~c at [he nte o( ten 110`E) per cen[um per annum. ! lrl It ~s furiher corenantcd and a~reed by said par~~es that m the eveni of a swt be~nr msuwted to foreclose th~s mataa6c, the ~1«~- R~dte chall be enLUed to •pply al anY hme pendm6 such taeclosurt ~uit to tAe coutt havin~ juNsdict~an thereof for the appomtment ot a rece~vet o( all and smaular the mwt6a~ed property, and of sll rents, mcomes, p~o(its, usues and rerenues ~he?eof, ftom ~chatsocvcr .~wrce der~red: and ehereuport ~t ~s hereby expressly corenanted and a~reed tAat the Court shall forthvith appo~nt suth rece~~tr w~th the ww) po~rcrc and du4es of rece~~ers in like cases; and said appoiniment sh~ll be made by the coutt as a matter of s~ric~ n~ht eo thc ~lartsa6ee, and ~~thout rc(erence n. the adequacY a~nadcquacy uf the value ot ~he poper~y hereby moctaa6ed, a to the solve~cy ; t i Y D~r~y defendant to such suit. The Mwt6a6a hereby spectt~cally Manes the n6ht to ub~ect ` .+r ~n~olvertcy ot tAe Mmt a ws or an othcr ~u ~he aDDo~~~ment of a reee~ver a~ aforesaid and hereby eapessly crosents that such appo~ntmtn~ shall be made as sn adm~tted ryu~ty and as a rnatter o( absolute n~hl to the Morti~~ee and that the same msy be done without rtotiee to the Mort6asor. I!i If f~eclosure p~oceedmss shoutd be msuwttd assinst the property covcred by th~s mortq~e upon any othet hen or cla~m whether •Ileacd to bt super~ot ot ~unior ~o the ben ot th~s mori~ase, the Mort~a~ee msy at h~s ophon ~mmedutefy upon ~nst~wt~on of such su~~ ~K durms the pendency thereaf declare th~s mort6a~e and the ~ndebtednesa secured hereby due and payable (wthwith and may at up~~on proceed to foreclose tA~s mort~ase. t{? Th~t the Mort~a~or r~ll kerp all resl •nd pcrsexul property now a hereafter encumbeted by the I~e~ of th~s mortgase ~n~ured a~ mey bc requirted trom ume to ume by the Mortsa~ee a~~mst loss ~y hre, ~'~nd~~am and other haz:tds, casualt~es and cominEenc~es f~~r wc~ pcr~ods and ~a not less tA~n such amounts as m~y be required by the Mort~a~ec and to DaY D~~D~~Y `khen due all prem~ums ~or such ~nsurance. The anwunts nf insur~nce requ~red by ~he Mortp~ee shall be the m~mmum amounts (w ~rh~ch sa~d ~nsurance ~hall bc wntten ~nd ~t sAall De mcumbent upoa tke Mort~a~or to ma~ntain such addihonsl msurance as may be necessary to mcet and comply lully w~th all co-msuronce reqwrements contained ~o ss~d pohcees to the end that the s~id Mortissor ~s no~ a co-~nsuror ~hereunder.lnsurance - .batl be ar~tten by a company or compan~es approved a dec~~nated by the Mort~a~ee and all polu~es and renerala i~ereo( shall be held by the Matp`ee. Alt detailed desi`nat~onc by ~he Mmt~asor Wh~ch are accepted by the Martsa~ee and all ajrtemeets betreen Mott~~ta and Mort~a~ee ~etat~na to ieeur~nce, nvw ex~sun~ or Aerea(ter msde, sh~ll be ~n ~rntinj and shall be a par~ of th~s mort~a{e a~reement as (u11y as (hou~h set fw~h rerbapm herem ~nd shall ~overn both parties hereto and tAeu successors and ass~~ns. No Gen upo~ any of said pol~ues ot ~ncu~anca or upoa any refund a retarn prem~um w~h~cA a~ay be p~yable on the csneellaaon or arm~n~uon thereof, chatl A~ `~ven to other ~nan ihe Mat~asee, eacept by ptoper endcxsement a((~aed to such policy and approved by Ma~~a~ee. Each pol~cy insurancc sAslt have a((~xed ~hercto a Sundud Ne~r York Mort6a6ee Clause vr~thout Contr~but~on, makina all loss or iosst~ under .uch pol~cy payable io ~he Mwt~a~ee as its ~n~erest may appear. !n ~he erent sny sum or sums of money bec~xne payable ~hercunder the ~torc- i ~~ace ~h~ll have tAe opt~oo to recenr and apply tht s~me on aceount ot the indebledness h~reby secured, ot to perm~I the \lottpapnr ~ io rece~vt and use u. or any pan thcreof, w~thout lhtreby rra~v~ns a impa~nn6 any equrtY. I~en, or naht unJer and tiy vutuc of th~. en~xt~aae. In ercnt eI loss w phys~cal dam~ae to the mortaa~ted ptoperty the Nortsa(tor shall 6~ve ~mmedute not~cc thereu( by rt:~~l n~ ~ ih~• \t~NtRa~~r ~nJ ~hc \InrlErEec m~v mak~ pru~~f ~,i I~+.. i! fh.• .am~ noi maJe prumpUy t+y ihe ~1wtEaaa. In evrnt o( fiwe~ln~ure of ~ • °v~x21~ P~~F 134 ~ ~ : - - ~ ~.s~ ~ _ : ~ _ _ ~ z~.:~~-~-~`~