HomeMy WebLinkAbout1456 :Z;a j~i~~ .
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i the Mort r shsll u~to tha Mxtgagee the indebtrdnesa evideno~ by a ~
PROVIDED, AL~YAYS, that f gago P+~Y
OBKOIQ Df'OII14S,1Q[Y ROtB of 1lcbich the follo~?ige~Rwor s end fi~ures
ia a trt+~ copY tawit: t
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f 9}Z75.00 Fort Pi~: rce. F~o~da Au.~vst 24, t~.]~_
FOR VALUE RECEI~~ED WE, jointlv and severally, promise 1o piy
to the ord~r ot CELIA GOZTLIEB
? the pnocipal wm o( ~ TN 7SAND~ • ~ _F . , to~ether with ietetesl
thereon (wm date at the tate of ten pet~cent, pe~ annutn untii maturity, both principal and interest bein~ payable in lawful money uf
the llnited 5tates at 223t Biaeayne Blvd., ~liami, Florida, or at weh othc~ place u the hdders hereof may dea:~tste in writina.
Principal and intereat pay~We in insWlmcnu a~ Iollows:
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SIXTY-FIVE ($65.OG) DOLLARS per month beginning on the 15th day of
yovember, 1974, and continuing on the lSth day of each and every month
thereafter until paid in full.
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Th~s oote may be prepaid ~n whole or in put a[tet one yeu fcom Ihe date heteof upon payment of a penalty equ~valeet
to f~ve pe~cent of the p~mcipal sum prepaid.
Fach i~~taiiment payntient Fhall ~be credited fint on the interest due, and the remainder on principal; and intrrnt ~l+al) thrre- e-
upon cease upuo the printipal so ctedited. `z
Th~ makers snd ~ndoner: of this notc turther agree to waive demand, notic~ o( non•payment and pwtest. ~nd in lhr erent suit r
.I~all be brouRht for the collection hcreof, or the same has to be collected upon demand o[ an attorney. to pay ressonable attorney's~ ~
[~r. (or makin6 wch coilection. ~
i Defened payments hereunder shdl be~r iaterest at the ~ate of ten percent per annum [wm m~turiq until paid. '
7-h~. not~ is eecured by a morypge o[ even dale herewitl~ and 'u to bs corutrued and enEorced ~cco~dint to the laws ot the ~
~tat~ of Fl~xida; upon default in the paymcnt ot principal andlo~ interz~t when due~ the whde aum oI nncipal and i~tcrest
' rrmainin~ unpaid shstl, at the oQtion of the hotden, beeomc immediate ' due payad . ~
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and st~all perform, comply with and abide by each and every t6e stipulations, at;reements, c~nditions and covenaats
of said promissory note and of this deed, then t6is deed end the estste thereby created shell cease and be null and vaid.
1. The Mortgagor hereby aovenants and agraes:
1a17b p~y dl and ~in~u:ar t6e pcindpd ~nd interest aod ather suau oi maieY P~Y~ by virtue of aaid promi~aory mte arid this desd. or either.
promptly oe tAe days r~pectivdv t6e aame xvecailS' beaomos due. -
~ 1 yl To pami~ oommit or wffe~ no waate and w ma+ntain che improvements at all timea ia a etate oE good ~egair and toaditioo, and w do or pvmit w be
~ doae to aaid p~misea notLit?B tbat ~eill aker or change the ase and cL~racta of s~id propercY or in anY way imp~ir ar ~e~kea the esc~ity ot tLis
~ mortgtge. And in aee oi the refusal. uegleet or snability of the Mortgag~or W rep~ir and maintaia aaid prop~ty. tbe Hortgagee may. at 6is option, m~loe '
such cep~irs or eawe the sune w be m~de. ~nd advance moneys in tdat behalf.
lel To pay all and singular tbe uze~, asses9aeata, levies. 6~bilities. and oblig~tiuas of e~~ery nature oa s~id dexribed property ese6 and rvery when due
apd p~yabk acoording w 4w. betore they beooax deiinquent. aad to ddiver to the Morcgagee on a~ befare Uareh lSt6 of each ye~r tu reoeipts
~oB ~ P~Y~~ ot all lawfully impooed tau~ for tbe preceding aieodv year: to idemuify t6e ~lortgag~e upoo his d~emand fa all tau~. assess
meots aod char~es tlsat mey be as~es~ed epon this mortgage oo the indebtednes.s eetteed 6erebY. end p~id bY ~~BiB~ without rtgatd W~np I~w
heetafore eo~cted or hseatur w be enxted imP~~B P~Y~ of the whole or an~ put tlweof upon t6e :ldortgaaee. t
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Idl To p~~ ~Il ~nd singul~r the caets. chvge+ and a~peaxa. inchiding LRyaa' fen md abetraet ooets rea~onaWy ineurred or paid at my time by t6s ~
Mortgagee baaax of the failure m t~ p~rt of the Mortgagor to perform. oompl7 with and abide by e~ch and evQY the svpul~:iuab• ~~eem~ts.
tooditims end oovenu~ts ot s~id prom?s~y noce ~nd tRis deed. or either. ~nd e.~ery wch payment shdl be~r intcre~t from date at tAe nce of tm 110961
pv oentum per anuum.
lel It u t~utlia covednted and agreed bY said Ps*ties chat in the e~ent of a suit being iostituted W forecbae thi~ mortgage, the Mortgag~ee s~all be
entitled w appty at ~ny time pmding wch toreclosure suit w the oourt h~ving juri~diction chercot tor tbe ~{lpointment of ~ recaws ot a11 and siugular the
~8i~ Pi~tY. ~nd of dl rcots. inenmes. Profita. i~sues ud revenues therrot. from ~rhat ~oe~~er aouroe daived: and tha~on it is bwrby e~rmsly
cmYOante3 Ynd agseed th~t the Court ahall [onhwith appoint sneh reaeiver wit6 tlx uwal po+rva and datie+ ot reo~iv~s in tike cases: ~nd s~id appai~
mmt shall be oo~de by the court as ~ maua of striet riaht w t6e Matgagee, ~nd without ~efereoee w the ~dequ~cy ar io~dequ~cy of t6e wlue of t6e pv
P~9 ~~tB~E~ or W tLe xhauy u* in~ol~e+kY d t6e Mactg~gon or any other part~ dcfeadant W suth snit.lLe Mo~tg~8a h~eebY speeit
iuUy waives ths rigfit to object to the ~ppointmmt of ~ ceairar as afore+aid and he~eby esp~tv aoa~eots th~t weh appomtmeot ahdl bs madt as an
admitud equity and u a matter of sh~oluce right to the'~tortgsgee and that the same may be done without uotice to the Alortgsgor_ i
Itl If fo.erlosure prooeedi.-sgs sl~wld be in~ciweed aga~ost cl~e properey caveted by th~+ morssage upon aoy aher lim a cLim w6echer alkged W be •
superior ar juoior w tbe lien ol tlu~ mortgage. che Mortgagee m~v ~i his optioo immedi~tety upon :natittgion of sne6 a~t or d~uing the psod~ncy tl~eof
dxlare this martgage and the indebtednesa se~vred hereby due and payable torth~ric6 ~nd may at ica optioo prooeed W taecbx thi~ mortgags.
Ig 171ut the ~fortg~gor will keep a:l ral and peraon~l p~ropMY now or he~e~fter ena~mbeied by t6e iien of this mortgage ia~ured ~s may bs requiced trom
time to time by the Martgagee agaiasc loss by fire. ~rindetorm and c.:der h~s,ards. wuaicies u~d oontingenciea far wch peiods and foe not kss th~n
wcb amounts as a~y be required by the Aiortgagee and to WY P~P~}Y ~•hm due all premi~uns tor snch insuraoce. The sa~ounts ot irounnoe reqaired
by the Morga~ee shs0 be t6e minimum amounta for which said im~am ~11 be written and 'n shall be ••••,•••,beot upon ths Mortgagor W munt~ w~
additiood i~~vanoe as mar be a~eoessvy w meet a~d oanp~Y fiil1Y wiW dl eoimuraKe requirenents ooouined in eaid pclicies to the end th~t tbe s~id
llo~tgagor ia uot a oo-ins~u+or tlk+eunder. Insur~ooe sh~0 be wrium by ~ cromp~ny or aomp~niea approved ar d~ted by t6e Martg~~es and al! po6-
drs and reoewaLs theeof shdl be hdd bp the Mor:gagee All detaikd desl~utions by the Mortgagor whic6 ~re accepted by the Mortgagee ud aD a~e~
menta betweni Mortgagor and ~lortgrg~ee rdating w iia~raoce. naw uisting or heee~fter nude. a6all be in writiag and ~hail be ~ put of this mo~aae
ag~ermeat u fulfy as choug6 aet forth cabatim heran and shall guvern both p~rties herew ar.d tlwir suooss~ors and assignF No Sen upoa ~ry of s~id
po6cies of insuranoe or upon any ref~uid x returo pre~uium which m~y be p~~able oo t6s c~noal' acion or terminatioa tl+eraof. ahall be ~veo w oc4er th~n
tbe Mwcgagee. e:cept D}' ProPer endorsement af6:ed w sucd poticy wd approved by Mortg~gec. F.~cL policy ot insnranoe shall h~ve Jfind thssto s
9tandard New York Mortga~ee Qause without Cootributioo. makin8 aU loas or losees undef ~uch P~Y WY~ble w t6s Matga~ee as ita iaterest m~7 ~P
prr_ la ehe erent ~n~ sum or s~ans of money become p~yable the~a~nder t~e b(ottgagoe sh~ll lrve tbe optioo to reoeive and apply tht iame ao ~ooo~mt
of tbe indeotedness i~eby xcured. r,r to permit che Mortgagor w ~ecave ~od use K. or aoy p~rt thereof. ~rit~•ut the~ebr waiving or imp~iriM ~nY «Ni-
ti. li~, or right under aad by virtue of chu matgage- I n evenc of bsa or physial duo~e to the mortg~g~d prop~ty tbs Mort`aior ~6~ pv+imm~diate
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