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Home My WebLink About0768 . ~ ~,~1 « PROVIDED. ALWAYS, that if the Mortgagor shall pay unto the I~1~rtgagee the indebtedness evidenced by a oertain promissory note of which the following in words snd figwes is a ttue copy to-wit: _ ~ ~ f 2 275.00 _ Fort P_i erce - FI«~da _ Ju] y.~. ~~.Z4._ j T.tC s..i..tl.. s~nt~ cpvPrellv_ ewmi~etowv tUK V1?I.UG KGI.Gi~GU - - - - - - - - ~ ~o ih~ o~« ~t ROSE CHICK y v the pnncipd sum of ~IpTO Th~~~~~i:^~ TWO HUNDRED SEVENTY-F~~E and . , to`ethet with inte?e}t : thetcon Irom datc at the t~te of tee pereent, pc~ annum until m~turity. both prioeipd ~nd iotercu bein~ payabie in law(ul money u( ~ ?h~ (lmted State~ ~t 22~1 Biac~rne 81vd., Mi~mi, ftorida. or ~t weh other place as the holden henot mar dai6nate in w~tir~. ~ Princip~l and intero~t p~r~ble in in~Wlmenu r tdlo«r ° i FIFTY-FIVE ($SS.00) DOLLARS per month beginning on the lSth day of September, 1974, and continuing on the lSth day of each and every month thereafter until paid in full. Th~s note may be prep~id ~n whole or in part alter one year from the date hereof upon payment of a penalty equ~valent i to (~ve percent of the pr~nc~p~l sum prep~~d. _ : ~ • t~~ ' _~_I :ntrr~.! l~r~• - f.ach II1-tallmrnt payment ~hall be cnd~ted I~tst on the IQltttfl QYC, ~nY inc ~c~Ti~i~~~+c• ~ p~ '"Y • upon ~~asr upun !he pnnc~pal so credited. Th. makers and ~ndw~eerc of this note (urther agree to waive demand; notice of non-paymenl and protest, ~nd ~n thr event ~uit ,I~all tx brouRht for the collectioo heteof, o~ the same has to be collected upon dem~nd o( an attotney. to pay reuooable attomey'R (rr. for mskiryS such cdlection. D~(ened parments hereunder shdl bear ~nterc~t at the rate of ten percent per annum (rom m~turity until ~aid. 1'h~. note a ~ecured bp • nwrtp;e o[ eve~ date hercwith and 'u w be conawed and eetorced aecotdu+a to the laws of the ~tat~ o( tlixidr upon default in the paymcnt ot principd andlo~ inttrat when due, the r+hdt w~m ot pnnc~Qd and intered ~ ~rmaininR unpsid shdl. the option of the holdcn. become immcdia ly due.and p~y.sble. ~ ~ , ~ C /'%f~l~.~ ' i '~i;.,~~r.'~%~'~~EAL) , ~ ~ t t t t~ e" (SE/?L) ~ ~ ~ ' ~ /rj ~~c. ~ f. C ~ ~ " - ~ ~ 3 - ~ 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. r 1. The Mortgagor hereby rnvenants and agrees: , 1~1 To p~y a11 and aingu4r the prindpal ~nd iate~t ~nd other aums of mooef' WY~ by virt0e ot ~id promis~ory ~wte and this deed. or eithcr. ; PromPdy on c6e d.ys respecdvdy c6e same aevwllr beoomes due_ . ~ , 1 bl To permit, eommit or suft~ no waste and w m~intain t6e i~nprovements at all timGS in a state oi goaf repeir and coodition. and to do or permit w be done co said premixe noehipg chac will aUer or c6.nge che use aod ch.r•aer oi s.id ProP~Y or in any way impair or weakea t6e sec~ity ot this E mortg~ge. And in case d the re[u+al. neglect or inability of tl~e Mortgs~gor w rep~ir and maintain said property. tbe Mortgagee may. at 6is optioa make ~ such rep~iro or uuse cF~e ~me to be m~de, and advauae moneya in that behdf. ' i ~ IN To p~y all and singu4r the tases. aesmsments. kvies. liabilities. and obl+8atioas o( every nature on seid desuibed property e~c6 and every w~hen due and payable acco~ding w taw. be(ore they beoome delinqueat. and to ddiver w tAe Mortgagee on or before 3tarch 15th of e~ch y~r tu receipts e~idenciag the p~y~oent of all lawfully imposed taze~ for the precedin6 nkndsr yc~r: w ide~mify tbe Mortgagee upon l~i~ dem~nd for all taus, asaeea mg?ca aad charges chac may bs asaessed upon thia nwrcgage on the indebcedmss secured hereby. .nd Paid by t6e maga~ee. wicAout rcgard w.ny 1.. herew[ore en~cted or hae~fur to be enaeted imP~pB WYmwt o[ tAe whole or any parc the~eoi upon t6e ylortg~gee- Idl To p~y all and aingu4r the coeta. c6arges and e~easea. including hwyera fe~ and abstract ooats ~WY or paid at any time by t6e Mortgagee bea~+e of t6e failure on t6e pRrt of t6e Mortpgor w periorm. oompiY wi~h and ~bide by weh and eray ~i~stat~:a. ~S• ~ conditiaos ~nd oovenants of ~id promissay note and t~ie deed. or eithe~. and e~wy sueh psymr.at s6a11 be~r interest (rom date at the nte ot teo I10'~EI , ~ per ceotum p~ annum. lel It ia further coveranted and a8*eed by ~e~d Pvtaes chat in the event of a suit being icutiwted to foreclose thi~ mortgage, t6e Mortgagee sha~1 be r a ' ent itled w apply st any time ~ending such foreclosure sui! to the oourt heving juri~diction ttereof tor the appoiwtment of e receiver of all and singtil~r the , ~6~8~ ProP~Y. aad ot all reots. inoome~. ~ts• issues and reveauea thaeoi. from w6atsoeve aouroe derived: aad th~reupon it is hereby eiprea~ty ; rnvenanted and e~bed that che Court shaU forthwith appoiat such reoeiver .rith the usual powrer~ and dutie~ of recavaa in like cases: and said appoint- ment ~luU be m~de by the court a~ a mauer of etriet rig6t w the Mart~gee. and witbout ~fereaoe W tbe ~dequtcy ar iu~dequ~cy ot the v~tue ot the p~o- P~Y ~bY ~L6~8~ or to t6e aolveoey or insolvmey of the Mortgagoro or uiy other party defead~nt w auch sui~ 'Ibe Mo~tgagor 6erebY specif- inlly w~ives the right w object w the appointmmt of a reoeiver ae afoiesaid and Mseby ezpressly eoa+mts tbat wch appointment ~D bs m~de as an admitted equity and as e matter of abeolute right to the 9iortg~gee and thst thc aame m~y be done without notice co the Moetgagor. ~ Itl It (oredoeure proceedings shwld be inetituted against the propaty cm~ered by this mortgage upoo any other lien ar cLim whetlwr ~lleged W be ' wperior ar junior to the lien d thia mortgege. the Mortgagee may ~t his optioa immediately upon inatitution of such suit cr during the peadeney tAereof ~ declare this mortgage and the indebtedneas eecured haeby due and psyable forthwith ~nd may at ite optim proaeed co Eorecloae this mortg~ge. ~ ~ B 171ut the Mortgsgor will keep all real and persond propercY now or hereaker encvmbeeed by the liea of thi~ mortgage ia~ured ~s m~y be ceq~i*ed trom .`~`'.~s time to time by the ~Sortgagee sgiiuet bss by fue. wrindatorm and oti~er hasuds. aewlties ~nd contingencies tar sueL periods and tor not leas tlu~n ~ such amounu as may be r¢quired by the Mortgagee and to paY Pr~P~ly w6m due all premiums for such inwnnce. 7~e amouats d imuranoe required ~ ' by the Morgagee shall be the minimum amounts (or which ssid insurance ~ll be written and it shall be i•~•+,•,,beat upon t6e Mortgagor to m~int~in wcA additanal insur~nce ~ m~r be oeas.wy to med aad eo~p1Y toRy with ~11 oo-imurance requiranents contained in aaid policies to the ~d tlrt t6e a~id ~ :Nortgagor is oot a oo-ineura ttkreunder. Ia+ursnce ~6a11 be wriuen by a oompany a aompu~ia+ approved o? de~ign~ced by tbe Mortg~~es and dl pol~ r cie~ and renewda thereof sh~U be 6dd by the Mortg~gee- AU detailed desigr.atioas by t6e Mortgagor w6ith ~re accepted by the Mortg~gee ~nd aU agre~ ~ mente between Mortgagar and Nortgagee releting w insuranee. now e:isting or hereatter made. ahall be in writing and shaU be ~ put of this moctga6e ~ agreemenc as fully a+ thoug6 set forth verbatun heran and s1u11 govere boW p~rties herew ~nd thdr suoaaeora and ~s~e. No lien upon any oi sid ~ policies of in+unnce or upoo any rcfund or returo premium which mey be payable oa the cu~dlation or termin~tioa thereot. n6aU be giveo to ot1~ tl~an ^ the ~tortgs~gee, ezcept by proper endorx~nent a(fized to such po6cy md approved by titortg~gee Eae6 policy ot iwunnoe ~lull h~vt at5~d t6areto a . ~ Stand~rd New York Mortgagee A~ux witfwut Contributioo. maicing dl bss or losxs under such potieY WY~bk w tbe Mortgagee as its intarest m~y ~p~ ' pear- In the e~•ent ~ny ~m or ~ums of moaey become paYable thereunder t6e Mortgagee ehall have the option to reoeive and ~ppFy the aame a? ~coo~nt of the indebtednesa hereby ~ecured. or W permit tbe Mortgagor to receive ~nd use it. or any part thereot. wittwut tAereby waiving or impu*in~ anY equr ~ ti. lien, ar right ur~der a nd by virtu! d tLis mortgage• In eve~ ot losa or physical damrge w t6e matgaged pcopectr tbs Mortp~or aha116~w ~mm~i~u ' BGOK ~~Q PACE ~ . ~ 7~ _ - - - = = ~ _ . , _ . . . . _S _ .