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Home My WebLink About2453 PROVIDED, AI.WAYS, thet if tbe Mortgagor shall pey unto the Mortgagee the iadebtedness evidenoed by a oertain promiasory note of ~rhich the folbwing ia wrorde and figurea is a true oopy to-writ: ~INN~C ~ s 1~625.OU Fort Pierce, p~a;d, September 6. t~_ 73 F~R VALUE RECEIVED ~ointly and severally, . promwe ~o pay ~ t~ the order ot _ ABRAHAM ACKERSTEIN AND ESTHER ACKERSTEIN , HI ' ~ t hr pri n c~ p d s u~ n o( . Q L d~ T H Q U S A ND S IX HUNDRED TWEI~I7~-FIVE AND L. S. to~tAer rich intcre~t th~reoe trom date at the nte o( ten perc~nt, per ~neum until matur~ty, both principai and intcrest beinR par~bk ~o la~.~n~ money ut th~ United ~tate~ at 2244 Biacayne Blvd., Mismi. Flotida, ot at wch other plaee as ~1+c F~olders 6eteot map desi~au u~ "~+a^a- Principal and intereat payable in inaWlments as Iollo~va: FORTY ($40.00) DOLLARS per month beginning on the 15th day of November, 1973, and continuing on the 15th day of each and every month thereafter until--paid in- full-. - TA~s note may be prep~id i~ whole w i~ part after one year irom she date hereof upoe payment of a penalty equ~valem cu f~ve percent of ihe pr~ncipal sum prepaid. Each in-tallmcnt payrnent ehsll be credited firat on the intere~t due, and the trmainder on printipal: and int~rr~t ~all thrre- upon ceasr upun th~ principal so ~tedited_ Th~ mak~rs and ~ndoraers ot this notc further agree to ~+aive demand, notice o[ non-payment and protest, and th~ evrnt ~it .lull br brouRht for the collection hereof, or the same has to de colleeted upon dem~nd o[ an attomep. to pry rea~onable attomey ~ ~rr. (or making such collcction. ~ Def~rr~d p~ymenta hereunder ehall bear interes! at the rate ot ten pereent per annum irom maturity until paid. l~hi. not~ is aecured by a mort~ae of even dalc herewith and is to be comttued and enfotced acco~dinb to the la~rs o( the ' ~tat~ of }lrxid~; upen default in the payment o( principd andr'o~ intera~t when due, the r+hdt eum o[ pnr~c'~pa~ and intecest ` rrmaininR unpaid shall, at the option o( lhe holders, become immediately due and payaNt. ~ ~ ~i~rz ~ -i (CE~L) :--T ~ ~ ~ l / ."%~-z-= f ~SEI?L) ~ ~ ^ I - i ~ a~ shall perform, comply with and abide by each and every the stipulationa; agr~eementa. oonditions and oovensnts of said promiaeory note at~d of this dced, tt~ this deed and the estate thereby created shall ceaae and be aull and vad. 1. The Mortgagor hereby oovenante and agreea: To p.y an .nd o,~ulvi cee prineipd ana ince~a~c .na owe~ aun. of m«ier wr•we by .rircu. d s.ia pomi..ory mRe .oa tLi. a~d. or .itb.r. P~'o~Y oo the d~ys re~pectivdy t6e supe ~evQally beoomes due. 1 bl To permit. canmit or suNer no.?aste aod w maintaia the improv~enta u all times in a atate of 6ood rep~ir and ooemtion. aod w do or ptrmic w be ~ done w aaid p~amisea nothing that will aher or c6~uge the use and c6~r~cw ot said propertY ar in a~' wa~' imp~ir or w~e~ ~ise sscQit~ d tLis ~ mortgag~ And in case ot the retwal. neglect or ioability ot the Mortgagor W rep~ir and mai~ain a~id property. t~e 1~[at~ee m~y. at }us optio~ oa~e ~ sutheep~irsordusethemnetobe+e~dGtnd~dvanos~eneysiathatb~li~-- - I I E Icl To p~y dl aod singular the taua, ~sawments. kvie+, liabititiae, and o6ligatiom of every wpae m e~id desrn"bed p~opertr erh aod eveq ~he~ 8oe ' ~ P~Yabb ~coording w law, before they beoome ddioqumt. and to ddiver w tbe Mortgagee m Q beieer W~es lStb d e~ ~ev ta: reoe~ts f evideneing cbe p.ymenc of .u i~..rdy imposea c.us ror tbe p~eeaa;ng akna.r ye.r: co idemniy tbe l/oeta.~se apm tti. a~.ea for.n t.a.,.s.e.. ~ meata aod char6ea that m~y bs asxssed upoo this mort~ge on the iode6ted~ss eecieed 6Qeby. ~nd paid by tbe morp~ wi~out ~'~ed tn uf I v ~ hetcwtore en~cted or hQeaRe w be m~cted impoang p~ymeat of tbe whole or any p~rt theaeof ~oo tbe 11[a~taaeee. ~ ~ I d 1 To pay all and wigul~r t6e costs. clurges and e~snses. inch~ding Lwyva' fees ~nd a6~tr~ct mets ie~sooabl~ inairred ar pid st a~ dme b~ the ~ Mortgagee bccawe o[ the Eailure m tLe p~rt of t6e MortB~Ba ~ P~~. ~~Y with and ~bide bq sc6 aod evsY tbe ~ti~datioar. ~aiemmts. ~ eaoditions ~nd o4ve+Lnta of a~id promisaory oote and thia deed. or alber. and every such psymeat ehd! be~r interat from d~te at tLe rste d tm I 10'!i l per centum per amum Ie1 it ia furthrr oovemnced and ~greed by a~id pvties t6at in the eva~ of a auit being ia~tiwted to foceclose this mart~ the ltartayse a6~Y be a~titled W apply at aay time pmding sueh foreclos~e suit w tLe oourt h~ving juri~diction thereof for the appantmmt of a noeiv~ ot al! aad a's~alQ tie ~6~8'~ ProP~tY. ~nd ot all rmta. inoomes. Pto6ts. i~soea and revenuea threof. from wh~tsoeve sw~oe derived: and t}~et4m it is 6eneb! aR~7 ooveoanted wd agreed tLat ths Cavt sh~ll iort6with ~ppoint soch rsaeiver with the wual prwes aod datie~ at reoeivss in hl~e ta~: and aid ~p~wot. ment shall be m~de by t6e oourt as a m~uer d~triet risht w the Matgagese, and withoat refe~eaos w the adsqa~e~ or ~dsqu~e~ a[ t6e vaios d tie pea P~Y ~Y ~s~a~• or w tbe sdvs~cy or insohrooey ot che Mortaagors or.ny oc6er p.rc~ d~ w soc6 sot. 7be lto~tWor ~bs ap~iE- ~ ially waives ths right w objeet W t6e appointmmt of a noav~r ~s ~totesaid and baeby esp~mly mormts t~t ~ appoiotmmt ah~Y be m~ds as as ~ admicted eq~rity and as a a~tcer o[ absoluce right w the Mortaagee and that the same m~y bs dooe witbout notice w t6ellortsa~or- t ~ Iti I( [o~eclow~~e prooeeding~ shwW be ia~tiwted agaiost the property coveied bY this mat8a~e ~~pon ~nY ot6~ }ieo or dem wr6et~ aliq~d W be ~ wperior or juoior w t6e lieo ot thi~ mortp~e. the Mortgagee may at his uption ima~edi~tdy upon imtitatioo oi wdi smt or dmios t~e peodmc~ tbsaot ~ ~e ~ 1 g 111ut the M will ~U real ~nd now or hae~her ~ncvmbeied by tLe tim of tbis ` ~8~~ ~P P~~ P~'oP~tY ~m mQtaa~e ima~ed as mq bs ieq~+ed frm time co time by the blo~tg~gee ~gaimt bse by fire. windstarm ~nd other I~.ards. usWkia and oootioemcie~ i~ ~ac6 qriods ~d for eot ieb tLu ~ ~uch amounta u m~y be required by the Mortgagee ~ad W P~f P~'~PVY w6eo due all psmiums tor socb inwuano~ 7be amo~ts a[ in~aeoe ieq~~d by the Morga~ee e6~ll be the minimum amounu tor whitb said imor~aoe ~11 be writteo aod it shdl be mc~beot ~m tbe ![ort~or W aomtav soti nr ~dditioe~l ins~ranoe as mq be neoe~ary w mee,t ~nd oompl~ tullp with all ao-imurance requir~enta oootamed m s~id po}ide~ w tie md t~at tie arid ~ Mortgagor is not ~ ao-ie~auor thereunder. Inwranoe sLaD be writun by a company ar aomp~nie~ ~ppwved or de~i~o~ted b~ t~s lfaetss~ee rd v po~- 1 ciea and rme~.als cheeof shau be 6dd by ehe Morcgagee_ wll dec.ikd designstioos br tbe Morsaagor.hich.rs accepeed b~ tLe Hatp~e wd all a0as ~ ments between Mortaag~or and Mo~tgagee rdating W ins~~nce. now eaacing or heie~iter m~ ~6a11 Ae m wri~ aod ~hdl be a put ot tii~ ma~ti,ye ~ agreemeat as Eully as though sec forth vesb~tim 6eeaa ~ad shaU govern botL p~ctiee be~eto and th~ ~oooss~on ~od aai~oa No ii~ apao as~ d aW po~iciea oE iawranoe or upm aqy retund or return premium wirie6 m~y De p~yable on t6s canoeYatioo ar tarmi~tion th~eaf. a~ be pvm ~o otLr ti~e ~ tLe 11tort8~6a. ~aP~ bp ProPa endonemeet afGud W suc6 poticq ~nd approved by Moctsaeee. E~cb poiie~ ot i~wram s~ll htre at5~d ti~eto • _ Stand~rd New Yark Mortpgx Qause wit6out Cootributioo. m~lcing all loss or los~es ~mdar wxh P~Y P~7~~ W tb~ ~[a~tp~e as its 6t~wt aq ~ psr. In the ev~t any sum or sums ot mooey bsoome p~yabie thKwinder tbe Moct~agee sh~U h~ve t6e optim to reoei~s aod ~pp1~ ti~ f~s oe ~ooo0t of the indebtedness hereby ~e~vred. or to permit ehe Mortgagor w receive and ase N. ar any put tL~~of. witboot thenb'f~ ~~L a~~[ ~f ~9m' ~ ti. lie4 or ri~?t ~mder and by virtue of thie aart~ge. In evaot of iop or physial dam~e W t6s mart~d proptt~ tbe ilortp~ot ~~D pw i~t~ ~ ~ ~ ~ . ~e, ~ BOOK ~~S PAGf 2~a~ ~ ~ ~ - - ~ _ ~ w- ~ ~ ~ n _ - ~ ~ ~ --~r~ _ _ ; :