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Home My WebLink About1395 PROVIDNn, AI.NAYS, that if the \i~r~gagor shall pay unto the 1~iortgagee the indebtcdness tv~Jenced hy a cetta~n promi~sor~ nute of wh~ch the follov?~n~ in watds and figures is a trut copy to-wit: i ~ ~ '~/K~`R~ June 1 ~ 74 f~ s~_ 1,550.00 Fort Pierce, F~a;d, ~ + ' P~R VALUE RFC .IVE WE, iointly and severally L promise ~u p.y to the ord~~ n( _ ANNIE W~~A gn RO 1 the principal sum of ONE THO_~`A DOLL.ARS, lo`ethet with intercst th~reon (~om date ~t the ~~te of ten percent, pe~ aonum until maturity, bot6 principal ~nd intere~t bei~ payabie io law(ul moeer ut th~ llnited 5tate~ ~t 22~4 Bise~yne Blvd., Miami. Florid~. or ~t wch other plsce a the holde~s heteot may deaian~te in v+ritina. Pnncipd and intereat pay~ble in in~tallmenb ar ldlor+~: FORTY-FIVE ($45.00) DOLLARS pon the~l5thgdaylof eachhand5everyymonCh ` August, 1974, and continuing ~ thereafter until paid in full. ~ Th~s no!e may be prep~id ~n whole or ~n put a[tet one year from the date heteot upon payment o! a penalty equ~valent ~o f~ve percent of the prmcipal sum prepaid. Fach in,tallment payment ~hal) be credited tint on the intercst due, and the_remaiodet on prineipal; aed inteK~t ~hall thrtr• upon cea.se upun the principal so ctedited. Th~ makers and ~ndwsers of thu note turthe~ ~ret lo waive demand, ootice of noo•payment ~nd pwtest. ~nd i~ thr event uuit ,lull br bruuRht (or the collection hereuf, or the same has to be collected upon demand o( an attomep~ to pay reasonable attorney's (rr. [or m~kinq ~uch collrction. Defe?r~d payments hcreundtr ehdl brar intcrcst at the rate o( ten percent pet annum (mm maturiq until paid. l hi. not~ ia ~ecurrd by a mort~e o( even date he~ev+ith and is to be coeatrued and enforced accordin6 to the laws oi the ~ ~~tat~ o( El~u~da; upon defiult in the payment of prineipd andlo~ intered when due, the whde w~m ot pnncipa! and intered rrma~nir?R unpaid ~h~11. ~t the option of the holdets, beco~ne immediately due ~nd payable. ~ ~ ~ ~i~ ~1.~ v ~~:C Q J (SEAL) ~ ~ ~ ~ ~ ~ C~ : f~1~.~(' ~ _ (SEAL) ti - § anJ ahall perform, comply with and abide by each and every the stipulations, agreements, conditions and cove- nants of said promissory note and of this decd, then this deed and the estate thereby crested shall cease and be nutl and void. l. The Mottgagor hereby covenants and agrees: , (a) To paY '~~6~~~r the pr~~cipal and ~nterest and other sumc ot money paYable by virtue of sa~d pran~ssory note and th~s } ' deed, or e~ther, proa~pt~Y on the daYs respecuvelY same severally becomes due. i ~ lb) To permit, comm~t or suffer no ~rastc and to mainta~n the improvements at all hmes in a state ot 6ood repair and cortdiuoo, and to ~ do or permn to De done to sa~d prem~ses noth~na that w~ll alter or cbanse the use and chancter of said p~operty or in any raY ~~pa~r or . veaken the security ot th~s mori6a6e. And m case of thc rc(usal, ne`lect or ~aability of the AAortpsot to repa~r ar.d ma~nuin said proper- { 1y, the MortaaEee may, at his opuon. make such repi~rs or cauce ihe same to be made, and advance moneys in tAat behalt. i ~ (c) To pay all and ~~a6~~~~ th~ ~~;es, assessments, lev~es, liabilit~es, and oblisations o( every nature on said described p?operty eac ~ and every When due and paYable accord~n6 to law, be(ore they become delinquent, aod to delive~ to the Mortsasee on a before MarcA ~ IStA o( each year taa receipt~ ev~denc~ng thc psymtnt o( all la~rfully ~mposed taaes (or the preced~n6 cslendar yesr; to indemndy the Mort~a~ee upon his demand f~ all tsaes, a.~escmen~c and charges that may be assessed upon this mort6ase on the indebtednecs cured hereby, and paid by the motlRa6cc• M~thou~ re~acd to any Iaw hereto(ore cnacted or hereaf~erio be enacted imposins ~aYment o: the ~hole or any ~art theteot upon the ~1ort6a6ee. (d) To pay all and s~n6ular the costc, char6e~ and cxpenses, includ~na lawyers' tees and sbstract costs reasonably ineuned ~x pa~d a~ any ume hy thc !11or~E~6« becau.e o( the ta~lure on the part o( the A1ort6a~or to perform. canD1Y w~th~aod ab~de by each and avery the supulruons, a~reements, cond~uons and covenants ot sa~d promissory note and this deed. or either, and every such~payment shall bear ~nterest trom date at the nte of ten UO`f) Der centum per annum. (e) It is t~e~hu coveaanted ~od ~i+eed by s~id patties U~et in tLe erent ot a suit beie~ inatituted to faeclose Wis mat{aae, We Mart• p~ee shall be eatitled to applr •t any ~ime pendin~ su~A foreclosure snit to tbe court lu~in~ jurisdictim thereot far the appointmeat ot a recei~e~ of ~11 and siu~ular d~s mort~~~ed propertr. and ot all reoq. iecase~. ~~ta. i~aues aed rereeues theteof. fros ~batsoever : source derived; aod thereupon it is hereby eaptesslr coreaaated and a{tted tA~t tbe Caui sA~~~ fat6ritA appoiat such receivet ~ith the uswl poner~ snd duties of ~eceivera in like eues: and s~id ~opointmeat shall be ~ade br du court ~s ~ eatter ot strict ri{ht to ~he I~lonp~ce, u~d +rithout re(uence to the adeqweY or inadequacy of the ~alne ot tbe propettr hereby wott~~~ed. or to the sol~eoey or ioaolveaeY ~~e M~tp~as or ~nr other ¢~rtr detcedant to suca auit. The Mo~tN{ar hereby apeci(ie~lly ~r~ives the risbt to object to U+e •ppointmeat of s receirer as ~(ats~id hercbr espreulY emseata t6at srch ~Opoinusent as~ll be ~ade ~i an ~deitted equity •nd as ~ ytter o( absolute ri~ht to the Mo~tq~ee aed th~t the s~se s~Y ~ dme rithont eotice to tbe MortN~or. ((1 If [oreclosure proceediap should be instituted apinst U?e ~opertr co~ered by this ~ortp~a upo~ anr other lien a clsi~a ~rhetAer ~ a{lesed to be superiot or junior to the liee ot this aortaaae, the Morya~ee my at Ais optioa i~sedi~telr upon institutia? ot sucA s~it i~~ a dwia~ tbe pendcncy thereof declarc tbis aartiase ~nd the iadebteMeas secured 6erebr due ~nd paYable (ath~ri[h and maY ~t its ~ option proceed to foreclwe this matpae. ~ (v ?hat tbe 61ort~ar rill keep all resl and persoaaf propertr oor or hweafter eacusbered py tbe lien ot this sort~a~e ~nsured ss maY ~ be required itow tise to tise by the Mottiasee ~jainst loss br fire. ~iads~one aad other 6~sards. c~awlties ~nd contin~eacies fw such penads and far not less thae such ~aaunts as ar be requircd by the Mort{a~ee and to oar pro~Wlr ~hen due ~II pree~ums tor such iiuur~nce. Tbe araounts ot iaaunace required br the Mott~~~ee s6a11 be the sioi~um aso~nts [or rrAicb s~id iaswance shsll be +rittea ~ and it shall be iocumbeat upon the I~lort{s~or to o~intain such ~dditional i~uuranee as iulr be neceassry to meet and cosply fully ~ith all co-imurance requirceeats contained in ~aid oolicies to the eod that the s~id Mort~ajar is not ~ co-ieaura thereunder.[nsur~ece ~ sh~ll be ~rritteo Ey s co~paar or coapanies sPpro~ed a~ desi~nated br the Mo~t~a{te ~od ~II oolicies and reae~ra{s tbereot shall be held • n ± by t6e Mat~ee. Atl detailed desi~nations br t6e Mati~tor rhich ue accePted br Me Nott{a{ee ~ad all ~{teesents betrten Mort~~or ~ ~ and Mortia~ee rel~tins to in~ur~nee, nowi eaistins a hercdter wade. s6~11 Ae in vritia~ aad ahall be s p~rt of this oort~sse yreeeent n u fuUr ~s thou~h set tortA rerb~tiin herein and shall ~ovem both wrtiea Aereto aed tLeit successors sed ~ssi~ns. No lien upon anr of • s~W oolieies o( in~ursnce or ~poo anr re(uad o~ retum presiw~ ~rhies Mr be p~Yable ao tAe e~ncell~tiot? a ler~ie~tion thereof, sh~ll be ~ivea to other than tbe Morta~tee, except by ptopet endwse~tat affi:ed to sucA policy and ~Pproved br Mat~a{ee. Eacb policy ot iaionnoe ab~ll 6svc JCacd tAeteto ~ Suadud Ne~ Yo~k MortN~et Cl~we ~ritbont Coavibutioa. watin~ ~11 loss or losses undcr such pp~icp p~lr~ble to tbt Mottp~ee as its interest ssy ~pOeu. Is t6e e~est asr awe a su~s ot soner betoee Parable theteunder tAc ~tor~- ~~~ee sMll hare We option to rece~ve and ~oplr tbe s~~e on ~ccount of the iodabtedaess hsrebr secured. or to permit the 1MxttaEor to recei~e ~nd ~se it~ or ~ay part thcreot~ withoat thcrebr ~~irin~ a iwp~irin~ aor ~w~~r. liea. a ri~At under and by ~utue ot th~. ~ matp~e. (n event ot Iws a pbraical d~ms~c to tbe sort~a~ed propertr the Mortp{at sh~l) ~ivt i~nmedi~te noUCe thereof by msil to tAe bWrtp~ee +nd ~he Ulort~a~ee iaay mate proof o( los~ the same ~s not made pranpqr br the lNo~t~a~a. ~n e.~~~ ~t r~~~t~•~r~ ot F e i ~S PAGE ~v~ . - - - _ - ~ - _ _ ~ d ~ ~ ~ . _.,t_? . , . _ . . _ _ ~ _ _ ~ . _ . . . . `i`~y' ,~r'-.~.~".sz .a,{%i