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Home My WebLink About0609 i . PROVIDED. ALWAYS, that if the Morlgagor shall pay unto the Mortgagee the indebtednesa evidenced by s certain promissory nate of which the following in words and figures is a true copy tawit: ~ ~ aHN~ f i~ s 4~Q2~~Q0_ Fort Pierce. F~o~d, September~_ ~n7_3!_ I i F~~R_V~A1.U~RE~.EIV~p ,I,~I,,~F~,~~~in v and several l v, promise tupay ; t~~ th~ ord~~ o( _ ~V T RI Ui"lA1~T; 'T ' ~ ~ ~ th~ pnncipal sum of F~LTR TH011~AND_TWENT~: F~V~and i1g11QQ------DOI.(.~1RS, togtthct with interrsl j , th~rton trom dat~ ~t th~ ?~te of t~~ p~rc~nt, per ~nnum until ma2urity, both principal and iotereAt bein~ payable in lawful money uf ~ ~ I thr l!n~ted ~tates at 224t Risc~yne I31vd'., ~1i~mi, Florida, o~ ~t such other plact a~ thr hul~cn hereof may de.ignri~ in writing. ~ f'r~ncipal, and ~nt~nat pay~ble in inrtallmenta u tollow~: ~ j EIGHTY ($80.00) DOLLARS per month beginnin~ on the 15th day of November, ~ ~i 1973, and continuing on the lSth day of each and every month thereafter ~ ~ t~ntil paid in full. ~ j ~ This note may be prtpa~d ~n whole ot m part after on~ year from tfit date hereo[ unon payment of a penalty equ~valent ' I c,~ f~~e percent of :he pnnc~pal sum prepa~d. ~ F:n~i~ in•tallm~nt payment •hall be ~-~~d~t~d f~r~t on the i~teresi due, and the ~em~inder on principal; and intrrr.t ~hal) thrrr- u~~on ~~a.,r upun the pnnc~pal w ~~~dit~d. Th~ mak~n and ~ndorxerc of lhis not~ furthet agree to waive demand, notic~ of non•payment and protest, and in thr ~vent ~uit ~ ~i~+ll b~ hruuRht (or th~ colkction hereuf, or the eame h~s to be collected upon demand o( an attorner, to pay rea.•unabl~ attorney'c t~•••- for making +uch collection. I)r(~rr~d payments hereunder ~hd) b~~r intere~t at the rate of ten perc~nt per annum from maturity until paid. { l h~s not~ ia ~ecurcd by a mort{~7ge of even d~te herewith and is to be ~ onetrued and entorced according to the laws of thr ~at~ o( Fl~rida; up~n driault in th~ payment of principal andlm inttreet when due, the whole eum of prin~ipal and intennt ~ i m9~nmR unpaid eha11, at the option of the holde~, become immediatdy ue and p~yaWe. - C_-' t ~ ~ ~/,'L (SEAI.) ~ . ~ , f _ . q, ' ` 1-~~~`-~ c t~ . c - - ~ (~F.A L) ~ - --i~ Y.s . .ta/Me~. ~ . . v ~~1~M+ cM`. +~A~ . ~ . • . and shall perform, comply with and abide by each and every the stipulations, agreementa, conditiona and covenants of said promisaory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. 1. The Mortgegor hereby covenants and agrees: (~1 To p~y ~U aad singiilar the princip~l and iaterest and other aume of money paYable by virtue of eaid promi~sory note ~nd tbir desd. or either. prompdy on che days re~peetivdy the same sevenUy becomes due. ~ Ibl To pertnit. commit or auffer no waste u?d w maintain the itoprovements et all times in a state ot good repair wd condition, ~nd to do or permit W be ~ done to aaid premixs aothing that wrill ~her or change the use and character of said property or in my wsy imp~ir or weaken tFrc security ot tLis ~ k mortgage. Aod in caee of the rcfusal. negleet or inability of the Aiortgagor to repair and maiatun said propacy. the Mortgagee ra~y. at his option, m~ke ~ such crpairo or uwe the same to be made, and advance moneya in th~t behalf. € " fcl To pay ~11 u~d ai:~guLr t6e taua. eseessments. leviea. liabiGtiea, snd obligatione of every nacure on said described propnty e~ch and svery wF~ dtx ~ and payabb ~ccording w law, before they become delinqueat. ~ed to ddiver to the Mortgagee on or befae Aiarch 15th o! e~eh yeu tu roeeipts ~ evidencing the p~yment ot dl Lwfully impoaed taus for t6e preceding calsnder yesr: to ide:nnify the Mortgages upon his deaund for all tues. ~ssest ~ menta ~nd clurges that may M assessed upon this mortgage oa the indebtedneas aecured hereby. and paid by t6e morgagee. ~vithout reg~rd W aay law haetotore enacted or 1?Qe~ft~ to be mycted impoeing payment of the whole or any part the+eot upon the Nortgagee. ~ Idl To p~y all ~nd eingulu the coste. cl~argp aod e:pensee. including la~ryers' fees and abstraet oo~ts re~a~ably intvn'ed or pud at any time by t6e ~ ~iortgsgee Eeceuee of the tailure on the pare of t6e Mortgagor to perform. comply with and abide by each ~nd evary the rtipui~tions. a~e~ents. condiciona and oovenants of ssid promissory mte ~nd this deed. or either. and every such payme~t nha11 bear interest from data ~t t6e rate ot ten (10%1 per centum per annum. le1 It ie further eovecrnted u~d agreed by aaid partiea that in the event ot a suit being instiwted w fwecloee this mortgy~e, the Mortg~gee shall be ~ entitled to appiy ~t any tia~e pending such foreclosure suit to the oourt h~ving jurindiction thereot for the ~ppoinement of a reoaver ot aU and siagulrr ths ~8~8'~ P~Y. and of dl rmts. i~. profite. issuei and rev~uea tlweof. from what~oever souroe darived: and therwpon it is lwnby upraaly ~ ~ ceveoanted snd ~greed that t6e Court sh~ll forthwith ~ppoint euch reaeiver .rith the usual powes and duties ot rooeiven in like cues: u~d said appoi~ ~ ment shall be made by the court a~ ~ aLtter ot ~triet right w the Mortgagee. and without rof~eace w the adsqu~cy or in~dsqu~ey of tbe valw of t6~ pr~ P~Y ~Y or w the solveacy or iwsolveacy of the Mortgagon or any ot}?er party defeod~nt w axh suit.lt~e Mortgagor ~eby apseH- ~ ially w~aives t6s right to objeet w the ~ppoiata~eot o( ~ receiva u storeaid and hereby e:p~nssly oon~eau that such apQointm~t ahdl M m~ds as an admitted equity and ~s a matter ot ~bsolute right w the 11Sortgsgee and that the same may bs done witlwut notice w the Mortgaaor- ~ ~t! If torrcbwre proceedings should be instituted againat t6e property covered by thu mortg~ge upon aoy other liea or cLim whethv a0~~ed tn be ~ auperior or junior to the lien o[ this mortgage. the Mortgagee may ~t his option iaunediately upon itutltutbn of sueh suit or during the pmdeoty tlrreoi - declare thi~ mortgage and the iadebtednees se~vred hereby due and pay~6k forthwith and m~y ~t its optia?proaed to [ocecbse t~is mortgage. 1 g 171ut tbe Mortgagor ~eill iceep aU ceal and penonal property aow or her~ker encumbered by the lien ot thia matg~ge inaured u~y bs ~equlrod trom > tirne to time by the Mortgagee ~gainst bsa by fire, windawrm and other haz~rds. wwlties ~nd cootingenc~es tar ~uch periods aad for aot leas t2un k= wch amounte u may be required by the Mortgagee and W paY promptly w~h~ due sll premiums for such inwnnce. 71~e amwnta o! insunaoe rpuind ~ by the Morga~ sFu11 be the minimum amounts tor ~vhich aaid ineurance ~kull be w~ritten and it aMll be incumbeot upoa the Mottga~or to ~n~intiln s~ch . ~dditiorul insur~nce u may be neuss~ry to meet and comply fn11y vith dl oo-insurance roquirenenu oontaiaed in said pdidp to tM eod t6~t the a~id ~ Mortgagor i~ na s oo-insuror thereunder. ]nsur~nce ahaU be ~rritten by ~ compaay or oompaniss a{~o~rod or d~sigeueed bp tlr MoR~ ~nd dl pdi- cies and renewda thereot s6a11 be held by the Mortgages. AU detailed designations by the Mortgagor which an aoospted by th~ Mortg~g~s ~nd all ~gres ~ mmts between ~tortgagor and Mortgagee rdatiag to insur~nce. nwv e:isting or hereaher m~de. iha11 be in writing and a6aU be a part ot this mortp~ - agreement aa tdly ae thougb set forth verbatim herein and s6all govem both partiea b~ew and their suoceswn and asdgn~. No liaa upon any ot s~id ~ policies of irounnoe or upoo any rcfund or return premium which msy be peyabk on the c~nceUatan or.termi~ution ths+eoi, shtU be giveo w ot6er than the titortgagee. e:cept bY proper endorsement affi:ed W auch poticy and approved by 14ortgsgee. Each policy ot ins~u~noe shall h~w afSzed tlwerto a " 3tandard hex York Mortgagee C1wx wit!?out Coatributioa. matcing aU loss or lasaes under wch policy p~Y~bi~ w tM Mortg~~es u ita lnt~re~t may ~p~ pev. In the event any sum or aums oi money beoome pay~bM theraunder the Mortg~gee shall have the optioa w reaiw ~nd ayply th~ sam~ on ~ooo~int of the indebtednesa hereby xcured. or to permit the :~tatg~gor to receive ~nd we it. O[ ~Oy ~~t t~~D~. withoat thenby waivins or imp~lrinf any ~Wl• ; ti, liet~, or rigdt under aod by virtue of thia ~nortgage. ln event of loss or phy~ital damag~ to t,Le mort~~g~d ptop~rty tb Mort~~or ihdl s[w imm~diat~ h~ rt„ Y, f ~ go~K 219 ,f 6G9 r ~ tt , 'ci~ ~`w_ 2 . _ . . . . r . .