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Home My WebLink About0028 ~ • • ` PROVIDED, AI.WAYS, that it ths Moctgagor uhaU p~y unta I.ii+? ?.fo~tgegee the indebtedness eriJcnced bv a certain pmmissory r.ate ot ~rhkh tbs foUo~rin~ in ~rords and f~,,~.ures a t,rue copy tawit: ~ . aN~~~ Au ust 10 ~~74 ~ = 1,325.0~ Fort Pierce, }ya;d, FORA' ' F~ d omise tu WY ~o ad« ~r , o n_ enant C~it~hts of the pcinc~pal wm ot T~i ~~S "i'L ThRF~ HUNDRED TW~FS - and~ A , to`ethet with intctrat tfiercoe Irom date at the r~te o( le~ pereent, per ar~n~in until maturity, both principal and intsrest beinR payabk in IaMiul moeey n~ - .h~ Unitcd 5tatea at 224t Bikayne Bhd.. Ni~mi. Florida. or ~t wch othct plxe a tlie holdus heceot a~ay dai~~u' io writin~. Pnncipd ~nd intenst pay~sk in i~atalinunU r idlo~rt: , TNIRTY ($30.00) DOLLARS per month beginning on the 15th day of October, 1974, and continuing on the lSth day of each and every month thereafter until paid in full. Th~s ~ote may be prep~id ~n whole or ~n p~rt after ane yeu (rom tAe da~t heceof upon payment of ~ penalty eq~rvaient ~o (~ve perccnt of the prieeip~l sum Drcp~id. Esch in•tailment ~a~nt sha11 be credited fiot on ti~ intet+ni due, and the remainder oe principal: and 'ent~rr~t ~hall thrre- ~ upon ~rsse upun the principal so credited. Tfi~ m~ke~s and ~ndonea of thu note turther aaree to waive demand, notice o( non-payment and protest, and in thr ~vent ,wit ~lull be bwuRht for the cdlection he~cof, or the same haa to be eollected upon demand of an attorner. to pay reaionable attorney'R (~a. fot makin~ w~h cdlection. peferred payments htauedcr shall bear inteKSt at the rate ot te~ percent per annum [wm m~turity uotil paid. 7~:is acsr is acured bp s nwrigst~ af ra+ dak h~with and is to be con~wed and enforced ac~din` to the laxs ot the ~t~t~ ot fl~xidr upon de(wlt in the payment of principd a~dlo~ enl~ugat Mrhen due. the whak ium of p~ncipal and intere~t I ~rm~inin` uepaid ahdl, at the cption of the lalde~s, 6eeorne imme+l~+isly due pable. I ~L / (SEAL) ~ ~ - f - - - ; , G~ (sEl?i.) v ~sti.~- and shall perform, comply with and abide by each aed every the stipulatioas, agreements, conditiuns 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. 1. The Mortgegor hereby rnvenants and agrees• ~~17'o p~y atl snd singular the principal and interest end other sums oi ~oney perahle by virtue oI seid promissory mte snd thi~ deed. or either. PromPUY on the d~ys respecti~ dy she same x~-erally beoomes due_ I~ ~ ~ bl To peraut, comn~t or w~ier no w~ste and w maieuin tAe imFro~•cKr,enu ~t aG times in a state ot a~od repair and condition, and to do or permit to be done w eaid praniees aothing that .r.ll alta or change the ~~s4 ~nd chuaav of eaid property or ia any ~ray impsir or rcealcen the ~ecurity of this I ~tB+~B~- Aad in cax o( tbe rofuxl. negkct or in~bi:ity of the i?lortgagor Lo ~rprir a~d mainuin s~id propvty. che ~iar,gagee may. at hi~ option. malce j sucd reptirs or cawe the same to be made, a:ed ad~~:nce ~neys in that beMlf. Icl To pey sll and singular the uu~. as~essments. kvies. liebilitin. and nhiigation9 of every nature on said dexribed property esch and every when due and p~y~ble ~ccording to law. before they beoome delinquent. snd t.~. deliver w the 1lfortgagee on or betore \t:~_h 15th of each year tax ~eceipts e~idenc:ng eke payment ot all I~wfully impoaed cua tor tl~e preceding akndar yesr: to idemnify ttx Mort~tagce upoa t?u de~nd for aU tues, assess ~rents and chargr ttut may be asse~~ed upon thia mortguge ~+n tM irdebtedaess secw~ed hereby. and paid by che morgagee. ar:thout regard w any law ~ tierewfore enacted or heerafcer to be enacted imPoAOB WYment of the w6oie or any put thereof u~on the ~tortgagee. ~ td1 To psy aU and singultr the coats. charges snd e:penxs. ineluding lawyera' feee and ab3tnct oosu r~eonaWy incvrred or Exid at aa} time by ihe !?fortgagee becaux of che [ailure on tF~e p~rt ot the Mortgag~x w perfam. oorn¢IY wit5 and abide by esch ard tirery the stipulatioas. agreanents. conditioa+ ~nd rn~~enanu of ~aid promiseory noce and this deed. or e+cher, and e~-ery weh payment shall bea~ intere~t from date at the nte of Lm 110'?E 1 - per ceni•~m per annum. Iel (t is f~uther coveynCed and agrecd b}• sa~d parties that in the e~•ent of a suii being irotiWted to fomiose this m~rtgage, tht :11or.gagee sLall De entitled w~Qply at any time pending sixh toreclosure suit w the court tu~ing juri~iiction tFrreof for the appoinu~ent o( s n+cei~~er ot all and singuldr t~e ~~6~8!'d ProP~Y. and of all rente. inoo~nea. Profits. issue~ end re~~encc r+t. tmm wrhatso¢:a s~Lroe derived: and thereupcn it is beiebY uP~7 covenanted ac~d s~eed that the Coure sha1~ forth~.ith ~ppoint wch rocei~•er with t6e usual po~r~ and duties o[ recei~ris in like cases: and seid appcw;r ment ahall be m~de by t~e court ~s a m~tcer of ~uiee right w the ~lortgagee. u~d Rrit6out refae:re w the adeq~ucy a u~adequ~cy of the value o( tke pro- - PMY 1~Y ~b'~B~ or w the sotven~y or inaolvdxy of the Siortgagon or aay ot1~ party defead~nt to such suit_ 'I~e Mo~tga8'o~ 6srebS ~Peaf' inUy waivea lhe right W object W the appointment of ~ receiva aa a(oreeaid snd herebY ezpreaslY oonsml.s t6at ~ch appointmmt sh~ll be wde u an ~ admitted aquity :nd as a metter ot absoiuce _^:ght W the Mortgsgce and that the same m~y be docv~ wit6wt iwtice'o the ~fortgagor_ ~ ~il If forrcLos~r~ procre~ngs should be instituted ~gainst t6e property cmired by tAis mortgage upon any aner liee ~ cLim ~chetF~er alkged w be ~ superior or ju.~ior to the lien d tlus mortgage. thr ~tortgegee may at his option iavnediately apoa institutiwn o! such s:it or during tlx pendmcy thereof declare thia moreBAge and the indebtednes~ xcurcd hereLy due and payabk forth~rith aad m~y at it~ option prooeed to foreclax this mortgage- 1 g 17~at the Atort.gagor wrili keap ol ~+?~I and penonai propr_t~ now or he~her an~vmbend by the lien ot this morcg~ge i4wred as m~y be rectuired fr': . r:.i.. r.: s~.~ hv tlw Mnrtgagee a¢~in~t lo~s by hrc. vcindxorm ~nd other h~zards. ca+uaities and contingrr~ for such pEriods aad tor noe lea3 th~n ~h amounta u msy be required by t6e Mortgagee and co pe9 Pmmptlq w hen due sll pr~nuums tor snch iawrancG '[he amounta ot i~uur~noe required by the ~torgegte shall be the m+nimum ~nwunts tor w~Aich ssid insurar.ce ahali be writtea and it shali be in~wnbent upcm the 1lortgagor to ciaint~in sucd ~dditiorui insvraace as ney 5e neoe.vary to rneet and ooroply t~illy wnth dl co"snsurance eequiranente coc:tained in said policies w tbe end t4~t the ~id ltatgagor is w,. a oo-inwrur thereunder. lnsurance aF~all be R~riua~ t y a ccmpany or aoropaniea ~pproved or designated by the y[oKgs~ and aD paii~ cies and -enewals :l~e+~f shall be held by the ~icrtgagee. AU detsiled deaignatioas ~y ~e Mertgago~ wfiic6 are ~capted by the Mortgagee ~nd all sBer ments betwYen ~tortgsgor and lfortgag~e rdating w irouret?ze_ aow a:isting or heee~fter made. sha!! be in writing and ~1ull be a part of this mortgage agieement idly as thoug6 set [orih rerbatim htrein and ahall govera ~rties heseto and their wooessor~ and a~~igna. tiu Lm npoa ae~ ai s~id polic'va of iruun:~ce o? upoo any ntw~d or return premium which m~y be p~yabie c~ the cancsUation or terminttiao thneof, sAaU be gi•.~en V: ot1~a th~n ~e ~!ortgsgee. ezcept h~ ~..-oper moorsement af6:ed Lo soc6 pobey ~nd ~ppr~ved by'~lortgaRee_ E~ch po6cy of in+uranoe ahdf M-re af5zed t5erew • Standard tiew York Mongagee Aaux without Contribution. msking all bss or loeses a~drx soch policy p~Yabk to t6e Mortgagee as its int,e~est m~y ~R ~ pear. In thc e~~eat sny aum or suma o! monxy beaome payrbb thasunder the 1latgagee ahall iuve the apti~ to reoeive ~nd ~pply the t~me on ac~aunt ot the indebtedness herrby ~ecured. or to permit thx ~iortgagor to receive and use it. or ~ny part theraof. wii:wui thereby.niving or imp~'vu?g anY equi' ~ ti. ti~en, or right under and by cirtue ot this mortgage. In event of bss or physital damyse to the mortg~ged property tLe Mortg~gor rb~ll give ::nn~sLe ~ ~ = gooK 231 ~S . . . .J'! ' . ' . , _ _ ' - - . , _ . ' ~ " . ~ .._.:_NZ ~s~..v . . . . . . ~ _ , _