The URL can be used to link to this page

Home My WebLink About0557 ~,i ~ s ~ ~ i, ~ . i ' .f. : . ~ . . . i pROVIDED, AI.WAYS, that if the Mortgagor ahaU pa~? unto the Mortgagee the indebtedneae evidenced by a' certainpromiasory note~of ahich the tollowing in words and figwes is s true copy tawit: ; - - - , ~~G4~~~~ ,f~L ' S : . ; 1 150.00____ _ Fort Picrce, N'~~~~~~~~ Sep_tember 12,~~~_ 74_ ~ a : ~ F(IN ~'~\Ll'F: itP:l:EI\'F.I) .-------~E-r_-1-QU. 1~-s~Y1S~_S~Y8~3~.1y i- - Pro~u~~.• tu pa~ ~ thr urdrtof GQR~QN ~._~~N~N ._and _.S~1S~1 _~._~.N~A~I_,~ his wife - - ~ . Fn FTF'1'Y SriCL__II~,~~ ~Q UUI.LAR.>. to~;rth~•r with u~t~•r~••t I t6r ~~ruicipil _~DIE_THOllSANR~NE~iWDR_____. tl~rrrun frum dat~ at thr ratr uf trn pPn•rnl. F?er an~um unti{ ~naturity, buth principal aud iutrrest br.ine payablc in taw•fui mun~•. ui ~ thr I nitrd ~tatr: at '_''~-1-t ttivaynr lil~d.. ~liami. Florid~, u~ at w~~h uther pla~~e a± the hulder: hercof may de~ignale in Nr:tu~;:. ~ ~'rinripal and inlrrr~t p~yable in in~tallment~ xs fullow~: ~ ` TWENTY-FIVE ($25.00) DOLLARS per mon~h beginning on the lSth day of November, 1974, and continuing on the 15th day of each and every ; month thereafter until paid in full. Th~s nute ma~• be prep•r?d in whole or in part ~fter one }~ear from the date hereo[ upon payment o[ a ptnalty eauivalrnt 1~~ ri;:i~t ~~~•n•~•nt ul thr prin~~ipal ~uiu pr~•paid. t~ F:a~-h in~tallnu•nt paymrnt ~6all l~r creditrd fir~t un thr interrst due, and the remainder on principal; and intrre~t ~hall t?~rrr- ~ uEwn rrav u~~un lh~• Nriu~•ipal •u rrrditrd. ' i 7~hr makrr. anJ rndur~rr uf tlii~ nut~~ furthrr a~~r~• tu ~.anr d~•mand. nuti~•~- u( nun-pa~-mcnt and protc.t, and in th~• rcrnt -uit j ~ i ~h.~U br btuuKht Iur thr ~•ullr~•tiuu 6~•rruL ur thr ,am~• ha, tu he cullrctcd upun demand uf an attumey, tu pay rra~onabl~ atturm•y~> I irr~ iur makin~ ~urh ~~ullrrtiun. • I)~•f~•rrrd pa~•mrnt~ hrrr~~nd~•r ~hall h~•ar ~ntrn•~t at the ratr o[ ten pe~crnt prr annun frum n?aturity until paid. ~ "fhi- ~utr i~ .v.~•ured hy a mo~t~aKr n~en daiP ~~erewith and is lo be construed and enforced according to the law~ of thr 1 ~tat~ ~f f lorida: upan defauh in thr pa~~mrnl of principal andror interest when due, the whule sum of principal and iot~r~•l ~ r.•iieainin~ unpaid ~h~ll, at th~ option of thr hulden, txcome immediately due 'd payable. I ~~f:.~~~ .s ~ . _ ~ ~L~ ~ /~-~C~~u:~.:,~.> ; ~ ~ i Nr~par~d hy ~pkler d T~ndnrh. .\ttom~~> 22d0 N~~cayne Wvd., titiami. F 1 ~da a~ shall perform. comply with and ebide by each and every the stipulations. agreements, conditions and covenants ~ of said promiseory note and of this deed, then thia deed and the estate thereby created shall cease and be null and void. 1. The Mortgagor hereby covenants and agrees: ~ 1~1 To p~y all and singuLr tl?e prindpal aad interat wd other sums ot mo~eY WYable by virtue of aa"ed pcom[asorY oote aud thi~ deed. or ~tber. ~ P~'~~Y an lhe d~ys reapectivdy the same xvently beoomes due. . 1 bl To permit. commit or suffer ao waste aod w maintain the ~mpru~ eme°ts at all times in s staee of good repair and condrtion. ~nd w do or P~~t t° be done w a~id pcemixs nothing that will aher or chanBe the we aad chuaaer of said PropereY or In aay w~y unpair or w~eaken the ~ecurity oi this ~ morig~ge. And in p~e of t6e cefueal. negiect or inability ot the Mortgagor to repsir and m~intain aaid property. the Nortgagee may. at Ris option. maloe i soch rep~ira or awe the ssme to be nade. aed advanae moneya in that bel~If. I eech and evcry when due Ic) To p~y dl aad angular the cazes. sasesamenUS. kvies. liabilitiee. and oWigatioiu of every nature on aaid dexribed propertY end p~y~We aecading w Lw. befon chey beoome ddinquent. a~ to ddiver w ehe Mottgagee oa or before 31arch 15th of e~c6 ye~r tu reospcs ~ evideacing the p~yment of all Lwfully impo~ed tua for tAe preoeding c~3endar Ye~r: w id~nily the Mortgagee uPon his de~nd for all taus. assms- mants and ch~rgea that may be as.9esxd upon thie mortgsge oo the indebtedm+s saured hveby. and p~id by the morgagee. without reg~rd to my Lw : haewiAre wcted or herafter to be enaeted imPo~inB WYmeat of the wiaie or any part tLaeo! upon the Mwtgagee. ~ Idl To p~y aU aad singular the casts. cMrges and ~pea~ea. ineluding lawyers' feee and abstrsct owts ressoaably in~vrted or p~id at sny time by t6e ~ ` ~ Mortg~gee because ot t6e failure oa the part ot tde Mor.gagor to perform. oomp1Y with and abide by exh a~ every the atipulatiom, agreements. condivoo~ ~nd caveaanta oi aaid promis~ory note and this deed. or either. aod e~wy auc6 payment shall bear intereet from date at the r~te of ca~ 110961 pet oentum per annum. _ Ie1 it is iwther ooven~nced ~nd agreed by ~id parcie+ that in the event ot a suit being in~tituted w foreclwe thia mortgege. the Murtga8'ee ahall bs entitled to apply et wy time pending such foreclosure suii. to the oourt tuving jurisdiction thereot for the appointw~t of a receiver of all and singular ths ~tB~B~ ProP~Y• aod of sU rent~. inoomes. profits. i~suea and revenues thereof. [mm wlut~oevrr nouroe derived: and t6ereupoa it i~ hereby e:presstY coveo~nced aad ~greed that the Court ehs~1 tort hwit6 ~pPoint such reaeiver rith t6e usual powas and dutiee oi reoeivere in like uses: and s~id appoiat ment ~hall be msde by t6s court ~s a matter of strict *ighE w the Mori~gea and writhout reterence w the ~dequ~ey ar iwdequacy of the valus of the pro- P~Y ~r ~B~B~ w w the eotvmcy or insoiveney oi the Matgagors or ~ny aher perty defendant co auch evit.'t~e Mortgago~ LsrsbY spsclt- iaUy waives t6s right w object w t6e appointment of a receiver as aforessid snd he~eby ezpresaly oonsents that wdi appointment shall bs m~ds as an_ admit ted equity ~nd as a rtutter o( ~bsoiuce right to the Mortgagee and thst ihe aame may be dune without notice w the Mortg~gor. ! Itl If torecbsun proceed+n6s s6ould be iastituced agsin~t t6e property covered by this mortg~ge upon ~ny othe~ lien or cLim whether alleged to be ' superior or junior w the lien ot thi~ mort~ge. the ~iortgagee may at his optan inunedi~tely up~ ia~tit~ion ot such s~rit or during the pendeacY the~'eof ~ declsre this mortgage and the indebtednew securcd hereby due u~d pay~bk torthwrith ~nd may at its optim prooeed to forecloee t6is mortg~gs. ~ ~g~'IYiat the 11lortgagor will iceep all reel aad ptrsond proPertY now ur h~Rar sncvmbered by the lien of this mortgage insured as m~Y be requir'ed [r°m f N` ` cime w time by tl~e 1?lortgagee sgain~t b~ by fire. windstarm ~nd other hasuds. casualtiea and oontingmcies for such periods and for not less tban P ~5 b the Mart and w p~y P~omptlY ~chen due a11 pmmiums fw auch inaurance. 71ie amounts of iaeurance requu'ed ~ ~uc6 amounts u m~y be required Y 8~ by the Morgsgee ahall be the minimum amounu for which eaid imarance a6aU be writtm and it shall be incumbent upon the Moregagor to m~intain wtb with all co-imurance requiraoenta contained in aaid poticies to the ad th~t the a~id additional iawrarce w may be neoeseary to meet u~d ~om~lY ~Y ~ Mortgagor is oot a oo-insura cMreunder_ Iosurance shall be ~rriua~ by a company or aomp~niee ~pproved oc design~ted by the Mortga~ee ~nd a11 poli- ~ ciea end renewal+ theieot ehall oe Aeld by t!?e hiortgagee. AU detailed deaigtutiom by the Mortgagor whit6 ate accepted by che Mottgagee and ~11 a~e~ ~ mwte between Mortgagor and Mort~~ee reLting to insurance. now ezistiag or hveaher msde. shall be in writing ~nd ahdl be ~ part oi tdis mort;~ge ; •greement ae fdly u thougb eet torth verbatim herein and shaU govern both p~rties herew and thrir suooesaora ~nd assigns. No lien upon an7 of said s pdicies o[ insunna or upon any refund or return pranium wfiich may be p~yable oa ths cancellation or tsrmination the~eol, shaU be given W other t6ui i the Mortgagee, ezcept by proper endonecre~t affized to such po6cy and approved by Mortgagiee. Eath policy of insur~noe sha0 h~ve ai5ud t6enW ~ ° Standard New York Mortgagee Asuee witho:it Con~ributioo. malcing all losa or losae~ under suc6 P~~S' WYab{s to ths Mortgagee es iq interert maY ~P _ pev. /n the event ~ay sum or ~ums of money became payabie thereunder the Mortgagee shall luve the optiai w reoeive ~nd ~pply the s~me oa ~eaoant of the indebtednes.+ hereby xcured. or co permit the Mortgagor w receive and use it. or any part thereof. wit}wut tl~ereby waiving or imp~irin8 ~y' e4ui' ti. lien, or ri~t unde~ and by ~~KUe of thi+ mortgage- la eve~ of bas or physipil dtmage to the matgaged ptopettY ths Mort~or iha0 ~(v~ imt~au - . • ~ g~o~232 ~~~E 55Z - ~ _ _ ~ r~ ~~~h ;:ti ~ ~ - ~ ~ ~ m~~~ ~ ' . _ < . ~ r~~::~