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Home My WebLink About0160 ` . ' ~ PROVIDED, ALWAYS, that if the Mortgegor shall pay unto the Mortgagee the indebtedness evider?ced by a certai~ promissory note of which the following in words and figures ia a true copy tawit: ~1~Ca~NGja9e ~~let~ s 2, 375 _ 00 Fort _ Pierce, F~«;~ Au~ust 16 , ~~73 - FOR VALUE RECEIVED I promi~e to pay ' to the order o( ETHEL FRIED the pnncipal wm o( TWO THOUSAND T REE HLINDRED SEVENTY-FIVE AN~p~1,. , ether with interest ~ t ~ the~ron trom date at the atc o( ten ptrcent, per annum until maturity, both ptincipal and intercat bein6 payable in law(ul money uf the United ~tatee ~l 2244 Bi~caync Blvd., Miami, Florida, or at wch othe~ place a~ tl~e hdden hereof may desianate in writin6. Principal and intetest pay~ble in inaWimenu a~ follows: FIFTY ($50.00) DOLLARS per month beginning on the lSth day of October, 1973, and continuing on the 15th day of each and every month thereafter until paid in full. Th~s note may be prepaid ~n whole or in part a[tet one year from the date hereof upoe payment of a penalty equivalent eo five percent of the pr~~cipal sum prepaid. Each in>tallment payment ~hall be credited fint on the interest due, and the remainder on principal; and interr~t •hall thr~r- upon ceue upun the principal so credited. ~ The makers and ~ndoraets of this note furthe~ aarec to waive demand, notice o[ non•paymeot and protest, and in thr event suit x ,liall be b~ought (or the collection hercof, o~ the 6ame has to be collected upon demand o[ an attomey. to pay reasonable attomey'a ~ f~r. (or making such collection. ~ Deferred p~yments hereunde~ ahall bear intereat ~t the rate of ten petcent per annum from maturity until paid. 7'his not~ is acuted by a mort~~e o[ even d~te herewith and is to ~e con~trued and enforced aecording to the laws of the ~tate of Fl~xida; upon de(wlt i~ thepa yment ot principd andlo~ intueat when due. the whde wm of pnncipal and intcrest ~ rrmaining unpaid shall, at the option o[ the holden, become inunediately due and pa able. ? ' ~ ' ~ ~ (SEAL) (SEAL) ~ and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. ~ 1. Thp Mnrtvsianr herPhv rnvennnta end aareec- , Ia1 To pey all and ainguLr the prindpd and interest ~nd other sums of monry payaWe by virtue of ssid proatissory mte ~~d thia deed. or eitha. prompdy on the days respectivdy the same x~•enlly become.s due. 1 bl To permit, commit or suffer no waste and w maintain the impro~~ements at all timea in r state ot good repsir and rnndition, ~nd W do or permit to be . dooe w said premiae~ noehing that will aher or change che we and clar~der of said P?oPertY or in any way impair or rreahen the eecurity ot thia j mortgyjo. Aod in case of t6e refusal. aegSect or inability of the Morigagor to repsir and maintain said propeity, the Hlortgsgee may, ~t his option, make ~ such rep~in or uwe the same to be made, and advance moneya in that behalf. k !el To p~y all and ~inguiar the ta:es. as~essmeats, levies, liabilitie~. and obligetion~ of every nature on ssid dexribed prop~ty esch and every when due E g and psyabk ucording to law, beforn tl~ey become delinquent. a~d to deii~~er w t6e Mortgagee on or before :Nsrch 15th of each y~r tu reoetpts ~ g evidencing the payment ot sp 4wfully impwed tuea for !he preoeding cakndar year; to idemnity t6e Mortgagee upoa l~is deaai?d for all tazes, asses.t ~ ~ ma?ta and c}~rges that may be aaseesed upoa thia mortg~ge ~ the indebted~s xc~ed hereby. and paid by tM morgagee. ~vitbout regvd W any law ; ~ herewEore enacted or hae~hsr to be enacted impoeing payment ot the wlak or any part t6eeof upon the Mortg~gee. ~ ~ 1d1 To p~y ~Il and singular the coete. chargea and ezpen~es, induding Lwyera' fees and abstract oosta reesonaWy imvmed ~ paid at any time by the ~ ~ Mortgagee becaux oE the f~ilure on the pert of the Mortgagor w perform. oomply with and abide by esch and every the stipulstioos. agreemeats. conditioae and covenaaia ot s~id promissory note and this deed. or either. and every sue6 psyment shall bear intereat irom dace at the nte of tes I 10'~L61 ~ per ceatum per annum_ - ~ lel IC i~ furiher mvenented and agreed by said parties that in the event of a suit being instituted W forecbse this cnortgage, the Mortgagee shaU be entitied to ~pply ~t am time pending such foreclosure suit w the oourt laving jurisdiction thereof tor the appointment of s receiver of all and smgular the mortg~ged propertY. and of all resta. income~. profite. ieenes and revenues th~eot. tmm whatacevv aouroe derived: and thaeupon it is Aereby e:preaslp ~ covenanced and agreed that the CouK shell torthwith ~ppoint auch reoeiva witA the usual popas and dutis~ of reoeivers in I~euses: and said appoin4 ~ ment ah~ll be msde by tAe court as ~ mstter of etriet right W the Mortg~~ee. aad arithout retrseaee to the adequ~cy or inadequ~cy of the v~tus oi t6e pro- ~ P~Y ~Y ~B~B~ or w the solvauy or ia~olv~ney ot the Mortgagon or eny other partq defendant W euch suit_ '!be M ortgago~ 6sreb~' sPecit' ~ ially w~ivea the rig6t w object w the appointment ot a reoava atorea~id and heceby ezpee~ly conxats that suc~ appointment ahdl bs m~ds u an ~ sdmitted equity and aa ~ matter of ~bsotute rig6t to the Mortgegee and tlut the ssme may 6e done without notice to the Mortgagor. 1 1 ~3 ~fl It torecbwre pro~~eedings should be instituted agsinst the propetty coveeed by this mortgage upon any other liea or claim whecher alkged to be ~ auperior or junior to the lien of this mortgage, the Mortgagee may at his option immed'utely upon inetitution af such wit ar during the pendmcy thxeo[ = deciare this mortgage and the indebtednesa secured hereby due and payable forth~~th ~nd may at its option proceed to foretlose thia mortgage. °'i 1 gl 71ut the Mortgagor wiU Iceep ell real and penonal property now or heres(ter encumbered by tbe lien of this mortg~ge insured ~s m~y bs requited from time co tia~e by t6e Moctgsgee agauut lo~ by fire. windstorm and other hesards. casualcies and oooti~ciea tor such paiode and for uot kss chan such amounts as msy be required by the Mortgagee and to pay promptly ~vv6m due all premium~ (or such in.wrance.lLe amounte ot inieuranoe required ? ~ by the Morga~ee s1u11 be t6e minimum emounts for ahich ~aid im~usnce ahaU be written ~nd it aiull be incumbent upon t6e Mortg~gor to m~intaiu soch . f ~ additioml irourence aa may be neo~.wy to meet and comply fufly with ~11 coinsurance requ'uanents oontained in ~aid policies to the a~d th~t the said a Mortgag~x is not a co-insuror thereunder. Insur~nce shall be writtai by s company or eomp~nies ~pproved or dsaign~ted by the Mortgagee and all pdi. cies and renewals tAereoi shsll be held by the 1?fortg~gee. All detailed designetiooa by the Mortgagor w6ich are scoepted by the Mortgagee and aU a~es~ ~ ~ ments between ~tortgagor and Mortgagee relating to it?surance. now ezisting or l~ker m~de, ehall be in writing ~nd s6aU be a p~R of tlw ~aortgage • agreement as tully as thougb aet forth v~batim herein u?d eMall govern both parties f~ereto and their euooes.~ors aod ~seig~oe. No liee upoe any ot said ~ y~i policies of insurance or upoo any retund w returo pr~ium whicA m~y be p~yabk on the cancell~tion or t~minatioa thereoi. shdl be ~v~ to other tlian che Afortgagee. e:cept by proper endorsement affized W such poticy ~nd approved by Mortgagee. Eaeh policy of i~ur~noe shall bave affiud thersto • Standard 11iew Yorlc A~ort~gee Aause without Contribution. malcing all bee or losses under auch P~Y WY~bb to the Mortg~gee as ita intaest mty E~; pear. in the evenc ~ny sum or sum~ of money become payabls thereunder tbe Mortgagee ahall have the optioa w reoeive and appiy the s~me oo aa~ount ~ of the indebtedness hereby aecured, or to permit the Mortg~gor to roceive ~nd uae it, or any part thaeof. without thereby walvi~ or impairing any equi- ti, lien, or ri t under and by viRUe of thi~ nwrtgage. In event of loss or Sh P~Y~aI dam~ge co the martin8ed property t6e Mortg~or ~hdl pve imm~diaN ~ BOOK~~v PACE 1~ - , ~ ~ ° ~ ~ _ ~ _ _ , _ , _