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Home My WebLink About2244 ~ ~ . , . . . + ~ ' ~ ~ ~ ~ . . ; ~ ~ PROVIDED, ALWAYS, that if the Mortgagor shall pay unto the Mortgagee the indebtedness evidenced by a ~ certain p~omissory note ot which the foUowing in ~rords and fig~uea ia a true cop~? tawit: _ ~ ~ ~A~et' , ~C i s 3.525 .00 Fort P~~ ~rce, Fiorid~ rlarch 211___ _ ~~~74 ' r ~c)K ~l I~f.i E~~~RNB~UM 'a~c~tK~~: ~~-~v~r~~; h~.~~f~ ,~"'J ~i`iiit ~`~pan s to the o?de~ of --~~~h-R-~ O il } O~-~~ ~~~.•ppp • the principd ~um of _ T 1S ~~Y.`~~- H 1L~~_1~R~D TWENTY-FIVE a )1~Q o~~thet wtih inte~c.t th~reon (tom date ~t the rate ot ten percent, per annum until maturity, both principa! and intereat being paya6le in I.wiul money uf ~he Un~ted ~tatea al ~2~1 Biecay~e Blyd., \ti~mi. Flwids, ur at wch other pl~ce as the holders hereof may de.ignat~ in wnt+n~. Principal and interest pay~ble in in~Wlment~ a~ tollows: ! 1 EIGHTY ($80.00) DOLLARS per month beginning on the 15th day ot ~iay, 1974, and continuing on the l5th day of each and every mun~h thereaftc?- ~ until paid in full. ~ 1 ~ This note may be prtpsid ~n wholc or in part a;tet one yest fcom the date heteot upon payment of a pcnalt} equ~valcat io (i~•e ~ercent of :he pnncipal sum prepa~d. ~ ~ E:ach ~n~tallment pa~mrnl ~hall be rr~dited firat on the ~ntrrtst due, and the remainder un princip~i: a..d ~ntrr~~t ~hali tt~rrr• ( upon ~eax upun the pnncipa~ so cr~d~t~d. ~ ~ Th~ mak~n and ~ndorsers of this not~ further ~gr~e ~ wa~ve demand, not~ce of non-paymer.t and prate: t, and in ihr ~vcnt ~u~; .hall b~ brouRht for the collecUon hereuf, or the aame hu to be collreted upon d~mand o( an attorney. LO ~'.iy' fti..WRZJIC attorney~. f frr. (or makin~ such collection. ~ [)eG~r~d paymen~c fiereunder ehall besr ~nterest at the rate of tcn percent prr annum [rom matunty unii; paid. i ~ 1'hia note is ~.:cured by a mort~Re of even date herewith ~nd is to be ~onetrued and enforced sccc.rd?ng to the iaw~ oi :4~t ~talt of flnrida; upc~n default in the p~~•ment oi principal ~nd~o~ inttreal w6en due, the whole sum of prin~ip.:l ar.d intetc3t ~ I rrmaining unpaid aha{I, ~t the option o[ the holders, become immediately du~ nd payable. ~ _ ~%~f ; , _ (~E:AL~ i . %t_, ~ `J/• . ` I ~ 1 ~ _ _ _ and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and covenents of said pmmiseory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. 1. The Mortgagor hereby covenants and agrees: 1a11b p~y a!1 and singular t!?e principal and intRreat and other auma of mo~eY WYaWe by virtce of said promissory mte and this deed. or either. ~ pomptlY an t6e d~ys respectivdy tbe ~me xv~ally beaomes due. ~ 1 bl To perooit. cwnmit or sufter ao wasce and w maiotain the impro~~ementa at all times in a atate of good repair and mndition. ~ad to do or permit to be = , dooe w aaid premixe nothing that will aker or change the ux and cluracter ot said ProP~Y or in any way impair or weaken the sec~aity of this ~ mortgage And in use of t6e refwal. uegket or inability ot the Mortg~gor w rep~ir and maintain xid property. the Mongagee may. at 1w option, malce ~ ~uch repaira or uux the s~me W be made, and advwoe moneys in tLat bebdf. ~ ~ Ic1 To pay aU and aingul~r the t~zea, a~essooents, kvies, liabilities, and oblig~tiow of every mture on ssid dexribed property esch snd e~~ery w hen due ~ and p~Yable aecacdi~g w law. before they bdoome delinquent. and to ddiver to the Mortgsgee on or betore ~tarch 15tA of esch year taz receipt~ ~ evid~cing the paymeot d all I~wtuUy impoeed tues for the preceding cakndar yesr: W ideaonify the Mortgagee upa~ hi~ de~nand for aU tazes, asaess ments and ch~rgea tAst may be ~s.+eseed upon this mortgage on the indebtedmes secured hareby. and paid by the morgagee. without regvd to eny Lw ~ hereWfore eoscted or 6ae~itv W be en~ctad imP~DB WY~~ of the wMle or any pvt thereof upon the Mort6agee• ~ Idl To pq ~11 ~nd singul~r the casu. clurgss and es~en~s~. ittlading Lwy~ri t~es and ab~tract ao~ta cwsonab~y inwrnd or pai~d at wy tim~ by ths Mortgag~t bsauss d the failwe m ths p~et oi chs Mort~g~a~ w Pertarm. oomplY with ~nd ~bida by a~eh and every the ~tipulatbns. ~~eaaents. oonditioo~ aad eovenu+ts ot nid promissory note ~nd this desd. or eitlMr. ~nd every aic6 p~ym~nt ~11 bear inte~e~t from d~ce at the rate of tao I 10%1 q psr ceatum psr annum. ~ ~ ~el It is further oovenaated and ~greed by said parties chat in the event of ~ auit being i~tituted to forecbse thi~ mortgage, t6e Mortgagee shaU be ~ antitled W~pply at any time peodiog such foceclosuro euit to tLe oourt h~ving j~ri~diction theteof tor tbe ~ppointment of a receiver of ~11 ud ainguLr t6e ~ ~6~8~ Pr'oP~tY• and of all reots. inoorne~. ProCta. i~sues aa! rerbnuea thaeot. from whatsoever eouroe derived: a~ th~eupon it is 6seby aspr~ oovewnted ~nd ~eed that ths Coure slull forthwith appoint suc6 reoeiwr with the w~ul paw~s and duties of reoeiven in like cases: and s~id appoi~ ` mau slull bs uo~de by t6e court ~s ~ m~tta of ~trid right W ths Matgages, and withwt ~eEarsooe w the adsqu~ey or indequ~cy ot t6e vtlw of tLe pro- ~ P~Y ~Y ~Ba~d, w w tM solvmeY or iasoheoeY ~ tbe Matg~gon or ~nr ot6sr p~rtr defaod~nt w weL a~i~ 'Ibs Mo~tgagor hsnby spseif- inlly waives ths right W object to the appointa~t of a reodver u aforesaid ~nd he~eby a:p~ealy ooo~ents that sue6 sppointmunt slull be m~ds as an admitted eq~rity end a s a awtter o[ abaolute rigAt to the Mortgagee uid that the eame m~y bs done without notiee w the Mortgagor- ~ ~tl If torecloeure proaedings shwld be inatituced against the proprty cweied by tAis matg~ge upon any other lien or cLim wbethar dleged W be superior or junior w the lien d t6is mortgage. the Martgagee may at his option iinQbdisedy upoa ia~titutia~ ot s~rh euit or during the peadeeey tlbreot ~ decLre this mortg+~ge aad the indebtednees secured heieby dne and payabie forth~ritb u~d may at its optioo prooeed W torecbse this mortgag~e. ~ i ';a 1 gl7lut t6e Matgsgor will keep all real sad peraond property oow or Aereafter enwmbeisd by the lien ot thia matg~ge ia~ured ~s m~y bs required from ~ time to time by the Mortgagee ~gaia~t Eoss by fin. windetorm and other h~saids. ww.tties and aontingencies fa~r soch periods and for not less t6~n ~uch ~mounta as msy be required by the Mortgagee aud W psy promptly wheo doe all premium+ for such inaunnce_ 7Z?e amwnta ot ia~w~aoe requi~ed - ~ by the Morgagee stull be the minimum amount~ for ~rhich said imur~nce nhall be writtm and it shtU be incnmbeat upon t6e Mortgagor W mtinuin such ~ additional insuraaoe as m~y be neoa+wy to meet and oomply tnlly with all ao-inaurance requirea~mts oontaiaed 'w aaid policie~ to the eod th~t the s~id Mortgagor is oot a co-iasuror thereunder. Iwarance ahall be wriuai bp ~ oomp~ny or oomp~niea approved or de~ignated by the Mortg~gee and all poti. ~ cies and reaewala thereoi aLall be held by the Mortg~gee_ All detailed desigiutiom by the Mortgagor wLich ~re acoepted by the Mortgagee ud all agres menta between Mortgagor and Mortgagee rdating w inawaoce. now ezi~ting or Ime~[ter made. shall be in writiag ~nd ehall be a p~rt ot tdis mortga8e ~ egeeme~ as fdly u though xt torth vabatim heran and atull govern botG p~rties dereW and t6eir suooesson and ~saigns. No lien upon aoy of arid policies ot insurara or apm any refund or rewrn preinium wtrich may be payable on ths car~cdlatioo o~ tumin~tiou thereof, ehall be given W othv than the Matgagee. e:cept bY propa a~dorsement affued W sucli poFicy aod approved by Mortgagte. Each potiey ot insuranoe shall have affued tlwreW a ~ Stand~rd Ne~c York Mortgagee Aause without Coatribution, auking all bes or losses undet suc6 P~7' WY~ble w the Mortg~gee as its inRerest may ap ~ pllf. IA Lb! !VlTL ~Oy !Ym Ot lUiW O~ R101lCy blOOllk ~y~ble th~rwtnder the Mortg~gee shdl h~w the option to receiw and ~pply tht same on aooount ~ of t6e iniebcedness hereby xcured. or to permit t6e Mortgagor w reaive ~nd uss it. w~ny put thereot. witlwut thereby w~lvi~ or impairir~ anY eqai' ti, lien, or right under sod by virtue of thu mortgage. In eve~ of bssor phy~ical dam~g~ W cbe mact~agad propKty tbs Mortg~gor iiull ~ive immsdiate ~ ~ ~ . . eoo~225 ~cF22~ : ~ _ • ~ : . - ~ ~ ~~a.~~~°~ - ~ a ~ ~ _ _ _ R.. : ~s-' .