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Home My WebLink About2804 . . . , PROVIDED, AI.WAYS, that if the Mortgagor shall pay unto the Mortgagee the indebtednesa evide~ced by a oertain promisaory note of which the following in worda and figurea is a true copy tawit: s 3. 975 • 00 For___ t Pierce . F~orida J~ne 15 . 74 ~ f~)R VA4UE ttECEtVED WE oint and severall promae ~o p+y ~ ~h~ otd~~ ~r .WILLIAM WILENSKY an IDA SHIRLEY WILENSKY . h a the pr~ncipal sum oI TNREE THOUSAND NINE HUNDRED SEVENTY-FIVE .L. , to`eth~ with interes~ thereon (~om date st the nte of tcn ptteeet, pe~ ~enun? until nuturity. boti~ pri~npd and ~nterest bein~ payadk in law(ul mo~ey uf th~ Unit~d ~tatea at 224~ Bi~cayne Blvd.. Mi~mi. Florid~. or at wch athe~ place a~ the hdden hereo~ anay dai6n~te in writin`. : Principal and interest payable in insWlmenu r[ollows: ONE HUNDRED ($100.00) DOLLARS per month beginning on the 15th day of August, 1974, and con~inuing on the 15th day of each and every month thereafter until paid in full. Th~s note may be pttp~id ~n whole or ~n put a(tet one yeu ftom the date heteof upon paymenl o! a penalty equivah`~nt ~ to f~ve percent of the Dtinc~pal sum prep~id. Ea~h in~taltment payment Fhsll be eredited Iiirst oe the intertst due, and the temainder oe principal; and intrrr~t ~hall ihrlJr- upon r~ase upun the pnncipal so ~redited. Th~ make~s snd ~ndoners of lhis note (utther ~ree to waivt demand, notic~ o[ non•p~yment and pwte~t, and in thr ~vent auit .lull br brouRht (or ~he cdlection hcreof. or the same ha~ to be colleeted upon dem~nd of an attorner. to pay te~sonable attorney'R f~r. tor makin6 such cdlection. • De(etrcd payments heteunde~ ah~ll bear interest at the rate of ten peaent per annum [rom m~turity u~til ~aid. ~ Thi. note a acured by a nwrtp~e ot even date heterrith and is to be cwuttued and enforced aecordu~ to the laws of the ~tate ot Fl~xidr upon defwlt in the payment ot prineipd andlo~ interest whcn due, the whde eum o~ pneM'~pd and intercK rrmaininR unpaid shdl. at the option of the holdees, becon~e inunediatdy du ,and payaNe. ` _ ~ ~ d'~~ - - C _ (SEAL) ~ ~ ] ~ f~L~l.s-s~ P ~ L~7~~-i~ t.~.. (SEAL) and shall perform. comply with and abide by each and every the stipulations. agreements. conditions and covenants - of seid promisaory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. 1. The Mortgagor hereby rnvenants and agrees: 1~1 To p~y aD u~d singular the principal and intereat snd other sunu of money paYable by virtue of said promissory note and t!?i+ deed. or eitl~. pmmQtlY on the d~ys respeetivdy the same eeveraUy becomes doe. ~ 1 bl To permit. commit or suffa ao waste and w maincain t!?e improvements s! a!1 times in a atete of good repair aad condition. and to do ot permit W be ~ done to aaid premisea notRing that will alter or change the use and ch~racter of eaid propert.y or in sny .ray impair or ~reaken the eec~ity of thia ~ mortgaga And in case of the rotusal. negicct or inability of the ~iortgngor w rep~ir and maintaia said propatY. the biortgagce may. at hie opcioa, malce ~ such repein or awe the same w be made. and advance mooeya in that behelf- ~ lel To p~y all aad singular the taus. assessnente, levies. lisbititie~, aad obligatiocu of every nature on ssid dexribed property e~ch and e~-ery w~hen due ~ a~1 p~yable according to la~, before they become deliAquent, and to deliver to t6e Mortgagee on or before ~tarch ISth o! each yeu taz reoeipts ~ ~ evidencing the paymeot ot aU L~rfully imposed tues for the preeeding akndar yesr: w idemnify the Mortgagee upon 6ia demsnd tw all ts~a. aasese- ~ meots ~nd chargea tFut aLy be asses~ed upon thia mortgage on the i~dcbtedness ~ecured 6aeby. and psid by tt~e morgagee, without ngard w any l~w ; lrnW fore en~eted or I~a+stter to be enacted imP~~B WYment of the whole or any part thceaf upon the I?lortgagee_ ~ tdl To p~y all and singul~r the costa. clurge~ snd a:penses. including Lwyera' fees and abstrset oosta reswnaWy incvrred or p~id at ~ny time by t6e Mortgagee because d che failure oo cbe part of t6e Mortgagor w pxfo~. oomply with and abide by esch and every the stipulatiow. agreanmRS. • eonditions ~nd tovenanta of ~id promiseory noce and thia deed. or either. end every• euc6 payment shail besr intenat from date at tbe nte o! ten 110961 per centum per annum. ~ lel It ia furtAer ooven~nted and agreed by aaid parties that in the event o( a suit being instiWted w torecloae this mortgage, the Mortgagee ah~L be entitled W~pp~y et any time pending such foreclosure suit to the oourt laving juriadiction thereof for t6e ap~wintment of a receiver oi ~ll and aingttl~r the ~tB~6~ ProP~Y. ~nd of all renta. inoomes. Pro@ts. issues aad revmues thec+eof. tmm ahatsoever aource derived: and thereupon it is 6ereby espreesly covenanted and agreed that the Court ehaU torthwith ~ppoint such receiver with tl~e uwal powvs and duties of reoeiveia in like c~ses: ~nd said ~ppoi~ me~t ahsll be made by t6e court as ~ msuer of strid right w the Matpgee. and witbout refereace W the adequaey ar i~dequ~ey of the wlw ot t6s peo P~Y ~Y ~LB~B~ or to the sotvpney or insolvency of the Maigagors or any ot}ur p~rty defmdant to suth euit. T6e Mortgasor 6neby ~psdt ' ~ ially waives t6s right w objeet to the appointme~t of ~ reoeiver u aiorraaid aod h~eby ezprrssly aon+ents that we6 appotntmeot sh~ll Ds mads u~n ~ admitted equity u~d a~ s matcer of eb~alute right w the Mortg~gee and that the same m~y be done without notice w the biortgagor. ~ ~fl If foreclosure proceedings should be inscicuted egainsc the propaty coveeed by thiu mortgage upon any ot6er lien or cl~im whethrr alkged W be superior or junior w t6e lien d t1~i~ mortgage. the Atortgagee may et dia option imrned'utely upon inatittrtion o[ such suit or during t6e p~dmcy thereoi declare this mortgage and the indebted~sese secured hereby due and psys6k forthwrit6 and may at its optioo proceed to forecioee this matg~ge. ` 1 g17'hat the bf ortgsgor ~ill keep all real aad peraonel PropertY now or hereafter encvmbered by the lien of thia mortgage iawred u may bs cequired from time to time by the Mort~egee against foae by fire. windatorm and other lrsards. caaualties ~ad ooatic~gsocie.+ for sueh periods ~nd (or not ies.s th~n ~ euch amounta as m~y be roquired by tde Mortgagee snd w p~Y promptly ~rhm due all pnmiume for snc6 insur~nee. 7be ~mounts d iasuranoe reqnind ~ by the Morgagee atull be tbe minimum smounte tor whieh aaid iaaursnce a}ull be written and it shaU be iacumbent upan the Mortgagor w m~inuin weh ~ additional intur~cee u may be neceasary to ~neet and oomply hilly with dl oo-in~nru~ce requiranente aontained in aaid podicies w t6e end ch~t the aaid Mortgagor ia not a oo-inwror thereur.der. [nsurance ehsll be written by a oompany or oompaniea approved or designated by t6e Mortg~~ee aad ~D poii~ cies end renewaL+ theeo( shall be held by the Mortgagee. All detaikd designationa by the Mortgagor wt?ich ~re ~ooepted by the Moctg~gee ~nd dl a~es menta between Mortgagar and Mortgagee relsting w iasurance. now ezisting or hereefter made. ~IWI be in writing end s6~11 be a part ot this mortga8e agreement u fully u though xt forth verbatim heran ~nd ahall govern both p~rties 6e+~eW u~d their suooes~ota and ~ssi~s- No 6eo upon aoy of said ~ policies of iruurance or upoo any refund or returo premium which may be psy~ble oa the cancell~tion or tdmiiution tl~eof. sh~ll be givan to oth~ th~n ~ the'~tortgagee. e~cept by preper endorsement affized w such poGey u~d approved by Mortg~gee. Each policy ot ineuranos shall fuve d5zsd tl~arato a Stand~d Aiew York M~tga~ee Aaux without Coatribution. makiag all loss or losxs under su P~~3' WY~bk to the MoRga~ee as ib intarat mar ap~ ~ pear. In the event any wm or sume of money become payabk thes~eunder t6e Mortgagee eFull ~ve t6e optioa w receiw andappty tM s~ms on acoouot " oi tse indebtedness hereby ~ecured. or to permit t he ~f ortgagor w neceive ~nd u~e it. or any psrt thereoi. wic2aut tderiby ~v~iving ~ imp~w~ ~ny ~q~i- ~ ti, liet?. or right under sod by virtue ot this morcgsge. In event of bse or physiul dunage to the mortg~ged propartY tbs ~ortp8or aiu11 ~iv~ ~min~ate ~ g t~ c~ ~ . @@~K(y2S PAGEiG7~7~ - . F.~; . ~ :s . , - - - ~_~z._.~ti ~ . ~ ~ - ~ ~