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Home My WebLink About0027 ~v PROVIDED, ALWAYS, that if the Mortgagor shall pey unto the Mortgagee the indebtedness evidenced by a certain oromissorv note of which the following in words and figures is a ttue copy tawit: l,f~ S 3,050.00 Forr Pierce, F~~;d, September 13, 73 FOR VALUE RECEIVED WE 'aintl and severall promise iupa ~ to the order o( ~aILLIAI~I WILE SKY AVD IDA SHIRLEY WILENSKY ~ HIS WIFF. ~ , the principal sum o! 'ru~EE THQUSANLLFZFTY 8ri~ ~lC1f 1~10- ~LL4RS, together with inteast thercon [rom date ~t the ~ate ot ten p~rcent, pe~ annum unti) matutity, both principal and intereat being paysble in lawful money uf . the United Statea at 2244 Biacay~e Blvd., Miami, Florida, or at wch other place u the holders hereof may d~signate in writing. ~ Principal a~d interc~t payable in irttWlmenta u tollowa: . t SIXTY-FIVE ($65.00) DOLLARS per month, beginning on the lSth day ; of November, 197.3, and.continuing on the 15th day of each and every month thereafter until paid in full. This note may be prepaid in whole or in part after one year from the date hereof upon payment of a penalty equivalent io f~ve percent of the principal sum prepaid. ~ Each in~tallment payrtient shall be credited first on the interest due, snd the remainder on principal; and intrrr•t ~hall thrrr- upon cease upun tke principa~ so crgdited. The makers and endo~ecs of this note turther agree to waive demand, notice of non-payment and protest, and in thr event ~uit .I~all be brought for the collection he~eof, or the same has to be collected upon demand ot an attomey, to pay reaso~able attorney'c ; ~ (rr. [or making such collection. ~ Defened paymenta hercunder shd) dear interest at the rate of ten perccnt per annum trom maturity until paid. ~ ~ 7'his note u~ecured by a mo~ge o( even date herewith and is to be construed a~d enforced according to the laws of the; ~tate ot Florida; upon defanlt in the payment of principd andlo~ intcrest when due, the whole eum of principa) and interest ~ rcmaining unpaid shalt, at the option of the holders, become immediately due and payabie. U ~ ~ ~ _--C'-`~`'"`-~,"~ (SEAL) l 5 ~~I i "L. ~-t•~ , ~ ~ ~r![.-~ -~L (SEAL) i ~ - 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. l. The Mortgagor hereby covenants and agrees: Ia1 To pey all and singular the prinupsl aad intereat ~nd other suma of money payaWe by virtue of eaid promiseory note and this dead, or eicAer. pmmpdy on the days respectivdy the seme aeverally beoomes due. _ _ ~ 1 b1 To permit, comnut or suffer no w~aste and to mainte~n the improvements at sU time~ in a state of good repair and condition, and to do or permit W be done to aaid premixs nothing that wrill aher or change the we and duraq.er of eaid property or in any way impair or weakm the security of this nwrtgage. Aod in cax ot tMe rntusel, ne~ect or inability ot tAe Mortgagor ta repair and maintain said property, the Mortgagee may, at his option, malce i surh repain or ca~e the same to be made, and advmce monrya in that behalf. ' ~ Icl To pey all and aingular the tazes, asaes.smente, levies. Gabifities, and obligatiocu of every nnture on said dpcribed property esch and every w~hen due _ ~ and p~yeble serncding W Iew, before they become delinquent, aod to deliver w the :1lortgagee on or be[ore biarch 15th o[ eech year tu reoeipts ~ evidenting the p~yrnent of ~114wfu1}y iropo.~ed ta=ea for ihe preoeding calendar yeer: W idemnify the Mortgagce upoo his deaand tor all tazea. asses~ ments and cF~arges that may be asxs~ed upon thi~ mortg~ge on the iidebted~ss secured hereby. and paid by the mor~agee, wichout regard W eny lew ~ hereWfo~r enacted or haeeRer to be enacted imposing psyment o[ the w6ole or any part thereof upon the Mortg~gee. ± Idl To pay all and singular the costa. chargra and e.ipeaxs. inciuding lawyers' fees and abstract oosts ressonably ia~vrred or paid at any.time by the ~ ~lortgagee becaux of t6e tsilure on the part ot the ~tortgsgor to periorm, oomply with and ahide bp each and evrry the stipnlatioas, agre~te. ~ coaditions and rn~~enants of said promissory note and thu deed, or either, and every such payment ahall bear intere~t from date at the r~te of te~ I 10°161 ~ per centum per annum. ~ le! It ia tiuther m~~emnted and agreed by ssid parties that in the e~~ent ot a suit being instituted w forecioee tAiu mortgage, the Mortgagee ahall be entitled to ~pply st any time pending such foreclaaure suit to tl~e oourt having juri~didion thereof for the ap~ointma~t of s receive of all and smgular the ~ ~~6~8~ P~Y. and of all rente. i~. protits. issues a~d re~enues thereot. trom wMtsoe~-er ~ource derived: and theteupon it ia 6ereby ezpre~ly co~~enanted and a~ that theCourt shall (orth~vith appoint such reoei~•er aith the usual povicers and duties of reoeive~ in like ceses; and said appoint ~nt ~hsll be Q,sde by tbe court u~ maua of atrict right to the Mortgagee, and without reference w the adequ~cyor insdequscy of the valne of the pio- ~ pertq 6ereby mortgaged. or w t6e aoWeocy or innolvency of the ~iortgpgora or any other perty defeadant to such euit. '11?e Mortgagor hsteby apecii- ~ ially w~ivea the right to object w the ~ppointment of a reoeivet es atoreiaid and heieby eip~es.sly ooa+rats that euc~ ~pQointmmt airll be m~de ~a an admitted equity and as a matter of absolute right to ihe Mortgagee snd that the ssme m~y be done without notice W the Mortg~gor. ~ • , ~ ~t1 If foreclo~ure proceedinge ahould be instituced againat the pcop~ty covered by thi~ mortgage upon any other lien ar cLim wrhethc alkged to be ~ superior or junior tg thE lien of thi~ mortpge. the Nortgagee may at hia option immediately upon iastitution of auch suit or during tbe pendency tliereoE ~ declare this martgage and the indebtedneas secured hereby due and pay~We forth~rit6 and msy at ita optioa prooeed to forecbse tltis mortgage. I g ~ 71ut the Mortgagor will keep all rwl and personsl property now or heieafter encvmbered by the lien of thi~ mortg~ge insured a~ m~y be required fraa s=; time to cime by the Martgsgee ag~inst loss by £ve. windatorm end oth~ hasards. wwlties and oonti~es [ar soch periods and for not lees th~n such smonnts as may be required by the Mortgagee and w pey prompdy when due all premiums for such inwnnee~'ll~e ~mounta ot iusur~nce required ~ by tF~e 1lorga~ee ahail be the minimum amounts fw which said ic~surance ahall be written and it shall be inciunba~t upon the Mortgagor W m~intain suth additional ine~ance as may be neces.wy w rt~eet and oomiply tu11r with dl oo-insurance requirement~ oontaii?ed in said pdieies to the ead that t6e s~id Mortgagor iu not a oo-insuror th~eunder. ln~ursnce shsll be written by a company a oompanies appmved ar deeign~ted by the Mortga~es ~nd all pdi- = cies and rec~rala thereo( shsll be held by t6e Mortg~gee. All detailed desi~ataa~ by the Mortgagor which ~re accepted by the Mortg~gee ~nd all agreo- ments between Afortgegor and Mortgagee relating w imurance. now e~ting or here~fter made. sAall be in writing and shall be a p~rt ot tltis mortgage " agreement a+ fdly as thoug6 set forth verbatim herein u?d ahall govem both p~rtiea Isereto and their suocesson and ~s. No lieo upon any ot ~id policies of insurance or upon eny retund or return premium which may be peyable on the tanceDstion or teratinatioo thereof, ahall be ~ven W otber th~n = the 3fortgagee. ezcept by proper eadorsement a(fi:ed to such poticy and approved by Mortgsgee. Each po4cy of insuranoe shall have af5=ed tl~seW ¦ ~ Standard New Yoric Mortgagee Clsux without Contribution. mak?ng all loss or tosxs under such policy paYabk to t6s Mortgagee u ks iatarest may ~p~ peer. in the e~-ent any sum or sums of money beoome payabk thereunder the :liortgagee ehtll 6avt the option to reeeiw and apply t6e same oo atoount :~y of tl~e irdebtedness bereby ~ecured. or to permit the Mortgagor w receive ~nd use it. or any part the~wt. withont thereby waivins or impairin~ anY ~qui- ti, lieq or ri~t under and by ~~rtue of this mortgage: In event of loee or physical dun~ge to the mortgaged proparty tLs Mortg~gor ih~ll ~vs imtwdiate ~ ~ ° q PacE Z7 ~ . , ~~oK 2~9 ~ - ~ ~L . ~ - ~ ~ ~ - x, ~ ~ ~~g ~ , _ . ~ e~.-~.