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Home My WebLink About1835 • ~ ~ ~ , P80VIDED. ~tWAYS, tkat ii the 1to~tgagor shall pay unto the ~tortgagee tl~e iadebtodncs~ avid~ld by a cert~ip pronnis'ory aot~~of ~rhich the follovring i~ words and tigures is a true copy tawit: ~„Y , _ 1 ~i 0~-~~~' • /~j.v~c s 4 325 . 00 _ ~ t. Pie~ c~ _F~,~;da Au~us t 25~ 74 _ FOR VAI.I;E ft£CE I~'ED I promice tu psy to the orde~ o! _ JOSEPH FREEMAN atld TILLIE _ 1~ttEE~~SAN_~_his wf f~ the pnnc~pd sum of FOUR THOUSAND THREE HJI~DRED ~'WF.NTY-FIVE I. . , ogethet with intttcal thc~eon [rom date at the ~ate ot ten pctrcnt, pe: ao~num until m~tunty, both prirtcipal and intetest bein~ payablc in lawfu! mo~er uf the l!n~ted ~tate~ at 22~3 8acayne Blvd., ~t~emi. Florid~, ur at such othu place as the holdcrs heceof may desigr?ate in wnting. P~tncipa! at~d inteee~t Fayable in ieitallments u foUows: NINETY-FIVE ($95.00) DOLLARS per month beginning on the lSth day of October, 19T4, and continuing on the 15th day of each and every month thereafter until ~aid in full. ~ Th~s note msy be prspsid ~n whole or ~n part a[ter one yoat lrom thc date heceof upon payment ot a penaity equ~tialent t.i (~ve percent of :he prme~p~t suTi pcepa~d. E:ach ia~tsUment payment •hall be creditcd Gr~t on the intctcst due, and the rrmainder on principsl; and intr?r~t ~haU thrrr- upon ~~aar upuo lh~ pnnt~paf w ct~ditcd. Th~ maken and ~ndursets of lhis not~ tu~thec a~ee to wa~ve demand, nutrcr. of non-psyme ;t and protest, snd in thr event ~uit .lull 6~ b~ouRht fo~ the collectian hereu[, uc the s:me hu to be cc!l~cted upon dema~d oi an attorney. to pay «asonaElr attorney'~ frr. tor makinA ~uch collecuon. Drfened paymenu heteunder ahall 5ear ~nt~rest at the rate oi ten percent per anr.um i~om maturity unti! paid. 7'hi~ not~ ie eecured by a mort?ge of evcn u~te hc~swiih a:zd is to be cana~ued a:~d enfw~ced accord~ng to the laws oi the ~tate of Flnrida; upc~n defautt in the payment of principal ~nu~'o~ interest when due, ths whote aum of principal and inte~eai , rrma~mnR unpaid shstl, at the option of t1?e holdees, become imrr.e 'ately due ar.d payab~e. „ ; G-~ y -f~-I %.C"lf:~~t`r 1!_ % G:.r~ ) ~ . ~ ~,j' j' ' -''r ' s~`AL (SEAL} aad 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. 1. The Mortgagor hereby covenants and agrees: Isl To p~y dl and singutar the principel eod interest and other aums d ma~eY WYabk by virtuc o~ said promi~ory note ~nd this deecl. or athe~. P~'o~Y on the days ropeecively tl~e same se~Ynily beoomes due_ 1 bl To permit. mmmit er suffer no waue ~nd to mainuin the improcemenu at all simee u? s state of good repair and condition. and w da ot petmit to bs doae to eaid premises oothing t}ut vcilt atta or cFunge the ux and c~eracter ot said ProPertY or in any way impsir or weaken the ssc~rity d t6is i mrntgags. And in use of the refueal. neg{cct or inabi6ty ot the :liortgagot to rep~ir and tnaiMain seid propertY. the ~fortgagee m~y. st hie opta4 ~loe such ropain or nux the same w be msde. snd advmce woners ia that beh~lf. V Icl To p~q all aod singuLr the u:es, assee~eats. levies. tiabiGtiw. and oWigations of e~~ery nature on ssid de.++cribed property e~ch aod e~vp Rhen due and psyable aecading to law. 6efore chey becane delinqumt. and to ddiver to tbe Atortgage~e on ar be(are March 15th oi rac6 yar tu receipta ~8 ~ PaYment of dl ~w[ully ir+~osed tues for the preceding nlendar ye~r: W idemoify the Mortgagee upon his dematd for aU uzas. asia~s ce.~s ~.c m.r ~.~.xa,~a ~ c~ mo~cg.~ oo ce~:na~caa~ ~aa ~by. and psid br the morgagee. without regard to any Lw s heretofore m~cted or h~her w be cnxted imPosnB WYment ot t6e w6ok or auy part tixreof upon the Mort8~8~- Idl To p~y dl ~nd singul~r the costa. ctwges aod e:pea+es. indudiag I~wye~s" fees and abstract oosts reuooably incurred or paid at anr time by tLs Nortgagee beuux of the failure oa t6e pvt d the ?Nortg~gor co perform. oomPlY .rich aad ~bide by esc6 ud e~zry the atiputatioas. s~greemeots• oondicioa+ and oo~~emncs of eaid promis~ory noce and ~hb deed. or athe~. aad every wch papment s1uU oe~r intem~t trom d~te at the rate ot teo I 10y61 p~ aentum psr ~nnum ~e1 Ic ie furttwr oovednted ~nd agrEed b> said parties that in the e~•ent of s suit being iastituted to Eorecbx this mortgage, t6e 111ortgagee a6all be entitled w~pply at any time pending such foreclosure suit w the oourt Irving juri~diecion thereot fa the ~ppointmeet o[ ~ receivv of all and siogul~r ths ~Ba!!~ P~'oP~tY. and of dl rmt~. inoomes. profits. iasues and revmues thveot. (rom wr6ataoever eauee derived: and thereupoa it u 6eeby esprealy cove~anted and ~greed tlut the Court shall forth,vit6 appoint ~uch reoeivv .rith the uwal po.eers and dutiw of radvers in like uxs: and said ~ppoint s mrnt sL~U be m~de by the caut u~ mauer o( striet righs w t~e Matgagee. and wit6out refermoe to the adequ~ey ar io~dequ~q of the vdos of t6s pco- ! P~Y ~Y ~B~B~- or w t6e solvmcy or insolvaky of the ~tortg~gors or any other pvty defend~nt to a~xh euit_ T6e Matga~or henby spsdt- ; ica8y waives ths right w objeet w t6e sppoiatmait of a rooeivet se aforw~d ~nd herebY ~P~Y aoawats that suc6 appointmmt sh~ll bs m~de u an t ~ admitted eq~aty and as a~r.atter ot abaolute right to the ~fortgagee snd that the samr m~y be iionc withaut notice to the'.lfortgegor. ~ 1t1 If tortcfosure proceedin¢s shndd be instiwced against tbe property covered by thi~ mortgage upon any otha lieu or cLim wrAether dleged W be superior or juaM! t~ t!+~ !:~n af :.~a mort~ge. thr ~lortgagee may at !tis optan immedutely upon institution of suc6 wit or during the pmdeaty thn'eoi ~ decLre t his mortgage and the indebtedmss secured hereby due and payabk forthsith and m~y ~t ita option proceed to toredoee teis motcg~ge. 1 g I'Rui the Mortgagor wiU Iccep all real and pusonal property now w hereattet enw~mbered by the liea ot cnis mortgage iiuured as m~y be tequued fram time w time bq the bfortgsgee against bss by fve. windetorm ~ad other lvs~rds. casualtin and r_+ntingencies tor such periods and for not less tlrn such amounts u m~y be required by t6e Mortgagee aud to psy prompsiy ~ehm due all prsmiuau tor sucn inwr~nee_ 'Il~e amwnta of insapnoe tequirod by the ~torgagee ~htll be the minimum amounts for ~rhich asid imuraKe shsll be vrritten aad it shetl be inc+~n?bent upon the Mortgagor to m~intain socli additio:ul irowarce u may be neces+ary to meet and oomply tullr with dl crrinsunrce requiranents orx:tained in said polioes W the eod th~t t6e s~id Nortgagor is not a oo-i~uuror thereunder. lnsursnce shaU be writta~ by a company or oompaniea approved or deaigeated by the Mott~agee and ~D pdi- cies and renewals therwt shall be held b}~ the ~tortgagee_ AU detailed designstions by the Mortgagor which ve ~ccepted by the Mortgagee and all ~Bee mmts between Atortgsgor a~d ~tortgagee relating W i~urane. r~ enistiag or here+her made. shall be in writing and aFull be ap~tt o[ tdis mortgag~e agreemen a~ fdly as though set forth verbatim herein and shall govem both p~rtiea 6ereto and Neir sucoes~ors ~nd as~igns. No ti~n upon ~n~ oi s~id pdicies ot inwrarce or upon any refund or return premium which m~y be p~y~b{e on the canoEDation or terminrtioo there~f, ~116e giveo to other than tbe afortgagee. e:cept bY P*'~Per zndorsernent atfixed w such policy and approved by Mortg~gee Eac6 potity ot inwaooe shall htve af6z~d thereW • Stand~rd New York btortgsgee Aaux without Contributioo. malcing aI! k+ss or losxs under aud~ policy pay.hlw co the Mortga~ee as ita iatere~t may ~P pe~r. In tl~e e~~ent enp eum or s~uns of money beoome payabk tlieainder the ?Nortgagee shall iuve the option to reoeive and ~ppl~ tLe s~me on ~coamt of the ir,debtedrrs. hereby +ecured. or to Fermit t he :tor~gagor to receive ~od nse it. or any pat thereof. wnthout ther~eby w~ivisig or imp~irio~ anY eq~i~ ti, liea, or ri~t under sad b. ~i rtue of this mortgage. in e.~ent ot bss or physical dmnage w tLe matgaged property ths Idortg~gor shdl ~ve imm~at~ ~ . aooK 2~1 PAGf 1833 . ~ - ~ K _ . -