The URL can be used to link to this page

Home My WebLink About0872 . , , ~ i FROVIDED, ~?LWAYS. that if the Mortgagor ahall psy unto the Mortgagee the indebtednese evidenced by a oertai,n promisaory nots oi wl~Ich the follow?ing it? words and figurea is a true copy to-wit: ~s~t~+ ~ . = 2, 275.00 Fo___~_rtlPier~~«;d, July 20, ~~_74 ; . . ' ~ ~~ov~~~~rnc~cN~c~ iJF. ic~intlv 811C~ severallv. O~OnlNelopaY ::::a :.-.:.~.c. a:c.a.a..:: - - to the orde~ ot ~E LyREF.RF.R ~ the p~ncipal wm ot ~'Q THOUSAND TWO NUNDRED SEVENTY-FIVE atld . , to6elhet wilh intereat the~eoe Irom date at the rote ot tee peteeM, pa ~nowu until maturity. both prineipal and interest bein~ payabk in law[ul moner uf ihe Unittd States ~t 2244 Bi~cayne Blvd., Miuni. Rtotida. or ~t weh othc~ plaee a the I~ddets he~ot map dai~nate in v+atin6. Principal aed inteteat p~yaWe in imWlmenu as tdbwr FIFTY-FIVE ($55.00) DOLLARS per month beginning on the 15th day of September, 1974, and continuing on the 15~ttr~ay of each and every month thereafter until paid in full. - Th~s note may be prep~id ~e whole ot in put a(ter ona ycar from ~be date heteof upon paymenl of a penalty equivalent to (i~•e percent of the prmc~pal sum ptep~id. - - r~: :~a .;~.1 ~r~_:••~•r ~ ~nr:~: and ~nl~rr.~ ~hdl t6err- GJf~1 IQ~uiimeai papmeni snan uc ~acuiacu ~u~~ vi. . - = - r-----~ - . upon ~ease upun the printipal so credited. ~ Th~ m~ke~s and ~ndorsers ot this note turther a6ree to waive demand, notice o[ oon•payme~t and protat, and in th~ event ,wit y ,{~all br brouRht (or the collcetion hereoi, or the same has to be eollected upon demand ot an attorney. to pap ceasonab~e attomey's fer. !or makina sueh eolleetion. `i Deferrrd payments hereunde~ ~h~ll bear interest at the rate of ten petcent per annum twm maturity until ~aid. 7'hi. oote u recured bp a mo~t~e oI e+ren datc herewith and 'u to be contbved and enforced aeeordu?a to the laws of the ~t~t~ o( Fl~xida; upon default in thepa ynKnt of prineipd andlo~ intuest ~rhen due, the ~+hok ~um ot pnncipd and intcrcd ~rmainin~ unpaid shatl. ~t the option of the holdc~s, bccome ima~edi~tely due/and payable. ; ~ - (SEAL) 'Z~~'- . ~'-C <<~~ (SEAL) ~ ? ~ ~,SEAL) ~ir~~.~..'K, ~w~~,I.[ _ (SEAL) ~ t ~!.~C and shall perform. comply with and .abide by each and every the stipulatione, agreementa. conditions and covenanta of said promiseory note and of thie deed. th~ this deed and t6e estate thereby created shall cease and be null and void. 1. The Mortgagor hereby covenants and agrees: ~ 1~1 To p~y all and singular tLe principal and iota~t and oWer auns of money pay~ble by virtue of said poomise~xy note aod tba desd. or eitMr. I'i P~'o~9 ao t6e days respeetivdy the sams sevenllY beoomes doe. ~ 1 bl To permit. commit or suHer no wasta and w maintain t6~ imProvemeata at all times ia a state of good ~ep~ir aad cmditi~. and to do or permit W bs doae to ~id premiaes aothio8 tiut will alt~ or ebangs the use and charader of said pmperty or ia any way impair or weakea t6e eecurity of tl~is ! mortgage. And in case d tLe retva~l. ne~sec or inability ot tAe Mortgagor W repair and maintain aid propvty. the Mortg~gee m~y. at his option. maka ~ sucA repairs or ause ths aame to be mad0. and advanae moneye in tlut beh~lf• ` W ~ (e17b P1y ~11 and singuLr t6e tazes. aseassments. kvies. liabilities. and obligatans of every nature on s~id dmcribed pmpe~ty e~c6 and rve~y when dus ~ and peyabk ~ccading w Lw. before tAey bernme deluqnent. aad to ddiver w t6e Mortgagee on ar before March 15th of e~c6 yar tu reoeipte WY~t d all Lxfidly impo~ed tases for tbe preoeding cakadar ye~r: W idemnify the Mortg~gee upon his dem~nd for all uzes. assess ~ meota and ehar~s that may be asaeaeed upon chis mortgags oa the indebtedness aecured 6«ebY. and Paid bY ~he mo~6~8'~. without regard w~ny 4w heretofore enacced or hereafter w be enacted imP~~B W7~ ot tbe ~rMk or any part thereof upon the Mort8+~8~- ~ Idl To prp all aad ~ingular the coste, charges aad ~pdws. ~adudin8 Vwrye~s feee and nbetnct oosts reasooably inwmd or paid at any time by t6e Mort_¢agee bxaux ot tbe failure m tLs p~rt d the b[ortpgur to periorm. aomplY with and abide bq eac6 and every t6e atipulations. a~roement0. oon~tiaoi ud covenuKa ot aid promiasorY note u?d thie deed. or dther. and every such p~,yment shail be~r interex "vom date ~i tbe rate of iAn i IOS'o I per ceotum per ~nnum . lel It is ivrthsr coveu~nted ~nd agreed bY a~id P~rtie~ t6at in t6s rv~ ot a suit beiag instiwted w foreebee this mortgage, the Mortgagee shatt be u entitled W apply at any cime peading auch forecloa~ue suit W t6e ouurt 6~ving juri~diction thereo( tor t~e appointmmt of a reaiver of all and smguLr tbs ~8~8~ ProP~Y. aod o( dl reats. inoomes. Profits. iasuea and revenua thereot. trom w6ataoever aouroe deived: and thereapon it is 6areby ~presety eovmanted aad ~eed that ths Coort shdl forthwit6 appoint snc6 reoeiver with the uaud pow~e and dutiea oi reoeiven ia h7ce cases: ~nd s~id ~ppoinF a~ent ahdl be m~de by tLs oourt u a uNttrr of ~t:iet risi?t to t6e MaK~ee. and witlwut iefereoee to che adequ~ey ar inadequ~ey of ths v~a of tbe pro- PatY ~y ~Ba6~ or [o the solv~Y o' iodreocY of the Mortgagors or any otLer p~rty detead~at to sueL s~ut 7be Mortga~or ~eb~r spsuf' ~ iu8y waives ths ri~t w objeec w t6e appointm~ot ot a ceodver ~s aforesaid ~nd 6e~eby ezpres~ly aoaseots that aueh appointmeot shall bs msde as an admitted equity and u a aatter o[ ~bsolute rig6t to the Mortgagee and th~t the aams en~y bs dooe witbwt notice to the Mortga~o?. ~fl If torecloaure p+~oceedin6s should be instituted against the property cweied by tAis rtw~t8e6'e upon any other lim ar cLim whet)wr alieged to be wpesior ar junior w the lien of t6is mortga~e. the Mortgagee m~y at his option irtunedi~tdy upo~n ineRitution of such wdt er during t6e peadeocy thec+ot declare thie martgage aod t6e indebtedness xcured I~erebY due aod peyable fo~thwith ~nd m~y ~t its optiau piooesd to fwecbx tLis mortgaga ~ 1 g171ut the Mortgagor wiD Iceep ol ~ and personel Propa~tY now or Lereafter ena~mbered dY tbe liea ot this mortsage insured as m~y bs roquired hom ~ tiwae to eime by the Mortgagee ~gain~t IossbY fire. windstorm ~nd other h~sards. wu~ltie~ ~ad oontingeociss fQ auch pariods and for na lees thao . ~ weh amounta as mey be required by tbe Mortgages u~d W WY P~~Y when doe all prsmium~ tor ~xh insuranee. 7be amounta of i~aur~ooe r~quind . -~b~r~}~e Morp~ee a6~ll be t6e minimum ~mounts to? which ~id im~uke shsll be writtm ~nd it sh~ll be incumbent upc?u tbe Mortgagor w m~intain we6 ~ additiocul insunaoe as mq be aeoes~ry W meet ~nd.oompt7 tnUy wit6 all oo~in~urana requ'vanmts oontainsd in s~id poiiciss w tbe ead th~t the aaid Mortpgor is not a oo-iroura there~udef- Inaivanx shall be wriuen by a eompu~y or oomp~nies approved or deaignated by tlie ltortga~ee ~nd all poli- ciea and renewals tAaeof slutl be hdd by tbe 1Hortg~gee. AU deuikd deeignatiooa by the Mortgagor whieb ~re acoepted by t]?s Mortgagee ~od all aBer ~ menta between Mortgagor and Mortga~ee reiating to imurance. now easting or he~eaRer m~de. ahall be in writing and ah~U be a part ot tNs mortgage agreemeat ~a fully as thoug6 set forth verbatim heran ~nd shaU govao both p~rtiea hseto ~nd tLeir s~ooesson ~nd usigina No lien upoa a~? of s~id ~ - policies oi in~urame or upm any refund or return premium whic6 may be p~yable oo the eanoeWtion or terminaciao t6r~eo~ sh~:~ be ~ven W otl~er th~a „ tl~e Mortgsgee. ezcept bY P~Pa ~°t af5sed to sue6 poticy and approved bq Mortgaged Eac6 poliey d imunnos a6~U 6~ve afSLSd t6s+W a 3tand~rd New York Mortp~ee Q~use without Contribution. mvcin8 dl loss or lwses unde~ suc6 P~Y P~Yabls W tLs Mortga~se a~ ita iateeeit m~y ~p ~ pear. In tbe ev~nt any sum or s~una of money beoome p~yabL t6erwmder t6e Mortg~gee dull h~w tbs option to reoeiw ~nd ~ppy th~ s~cn~ oa acoouot ~ vw of the iedebted~ss hereby secured. or W permit the Ma~tgsgor to receiw and we it. ar a~ part tl~erwt. withont tlMnby walviu~ or imp~irlH vq+ pui' _k ti. liea. or ri~t uader a~ by virtue of thi+ mort~ge. In eveet ot bss or phy~ial dam~~ W ths matg~g~d propaty tL~ M~ ~h~ ~w immdiat~ ' OR~ - BOOK PAGE 872 ~ ~ . _ IW~~f 4 ` ~ ~ ~~:~a~ ~.~_ra_r ..~r ~ _ _ ~~t~°'.~~.._.. ~ d^e.rM~K~