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HomeMy WebLinkAbout1967 ~ t~ , ~ ~ ~ i . - ~ PROVIDED, ALWAYS, that it the Mortgagor shall pay unto the Mortgagee the indebtedneas evidenoed by a y certain pro~niaaorv note oi which the following in ~rorda and figures ia a true copy tawit: ; i ? ~ mo~t9a~gc 'lZari ! ~ 1,37_~~90_--_-----__-- . Fort Pierce, F'~~~~~~1:~ September 21~ t~?__74_ ~ . i F'~~N ~:\Lt'F: Itf:t:t~:I~ M-u WE~_~ointl~~_and severallx} _ prun~i•c tu ~~a~ ~ tl~~• ~rd~•r ~~i _pETER FISCHER _ - - 'tl~r pnuripal ~f pNE_ THUUSAND__T~iREE--HUNDREIL~E1lE1~11'k-EI-VE-and 1~`R.~~ , togrlhcr with intrrr~t th~•r~•~~n frum datr at Ihr ratr of t~•n prn•rnl, per annum until maturity, twth E?rincipal and interest t?eing pa~•able in lawf~d mum•~ uf ih~• 1 nitrd ~talr~ al '.'.'~•l•1 {ii~~•a~nr lihJ., \tiami. Florida, u~ at ~uch otl?r.r placr as the holde~a hereof may designate in writin~. I'nn~•ipal and int~rr~L ~?dyJblP Itl Ill~lallm~~nt~ as [ollow.: THIRTY-FIVE ($35.00) DOLLARS per month beginning on the 15th day of November, 1974, and continuing on the lSth day of each and every month ~ thereafter until paid in full. Thi~ note ma~ be prepa~d ~n whole or in part aftet one yeac from tfie date heteof upon payment of a penalty equivalent ` ~ t~~ ~•~~hl ~~~•r~•r~~t ~~f th~• ~~rim•ipa) ~um pn•~~aid. 1 N:a~•h in~tallmrnl pavmrnl ~hall IN• ~•mdit~d fint un tl~e intcre~t dur, and the nrmainder on p~incipal; and inten~~t shall tlu•rr~ 1 uE~~~u ~•ra~• upun lb~• prin~•ipal ~•rrdilyd. 7 hr makrn and rudur~•~- ~~f tl~i~ n~?t~ furth~•~ a~mr tu Nai~r ~i~•mand. nutia~ uf nom~?a~ment and protcst, and in th~` P~'r~ll .~tltl .1,,,11 br bru~iKht for tl~r ~-ullrrtiun h~•rruf. ur thr ~ame ha.~ tu br collrcl~•d upun demand o an attorney~ to pay rea_wnable attornr~~~~ ; I~•~•- i~~r makin~ w~•h rullrctiun. . I lrfrrn•d pay m~•nt~ h~•mundrr ~hall hrar intrn•>l at thc rate of tcn prn•Nnt prr annum [rom maturity until paid. ~ I hi~ nntr i: ~~urcd bv a moriRrKc of e~ven datc hrrewith and i~ to k~e constnied and enEorced according to the laws of th~ I '~t.~tr ~?f Florida: uv~?n d~fault in th~ pr~•ment of principal andlor interest whcn due, the whole sum oi principal and iM~r~~l : ~ ~j•n~aminR unpaid ~hall, al th~ option of th~ hold~~, become immediatel ~ due and payaWe. } ~ ~~A' (~~~~1.) ~ ! > ' _ ~ " (f l A ~ 'E:~L) : 1'.~• ~~r~d b~ ~ Kl~r 8 Tendn~h. \11orn~}• 2'd1U Bivayne lilyd.. ~tiam~. Flor d~ ~ { _ D { and shall perform, comply with and. abide by each and every the stipulations, agreements. conditions and covenants 3 of said promisaory note and of this dced. then this deed and the estate thereby created shall cease and be null aad void. 1. The Mortgagor hereby covenants and agrees: lal To p~y all and singdar the prindpal and intereet ~nd oNec sums o( money WY~bk by virtue of said promissorY oote and thL deed. or ~tAer. PromPdy oo tbe d~ys respectivdy che aame seve~allY beoome~ due. j 1 bl To permit. commit or suffer ao waste and W maintain the improvement+ ~t ~11 times in ~ atate ot good rep~ir and condition. ud w do or pe~mie w be done w said p~emixs aothing that will aher or ch~nge the use and ch~r~dAr oi said propatY or in any way impair or wealcm the seeurity ot this p emi ~ matgaga Aad in use of the refusal. neglecc or inadility of the Mortg~gor to rep~ir and maintain s~id propxty. the Mortgagee may. at his option, malce ~ ~ suc6 rep~ire or auae the aame w be m~de. and advance moneys in that behalf. i Ic) To pay all and e~nguLr the tazes. asx~sments. kvies. liabilities. and oWigacioa~ ot every nsture on s~id described propercY e~eh and eveiy Rh~en dns and p~yable accadin8 W law. before they beoome ddinquent. aud to deliv~ w the Mortgagee on or befae Mueh lSth ot e~c6 year tu reeaipts ~08 ~ P~Y~?t oE d! I~wtulty impoeed tezw for the preoeding aknd~r Ya~r: w idemnifY the Matgages °Pon 6ia denund for a0 tases. assess meats aad cl~vee~ that m~y be asxseed upcm t6ia mortgags oa the indebtedness aecured hpreby. and paid by tl~e mwgagee. without regud W~ny tew ; heretflfore enacted or Mre~her to be enacted iapoain8 WYment of tbe ~vi?ok or a~ p~rt t6eeeoi upon the Mortgagee. i ~ Idl To Q~y all aad singular tbe coste. charges and e~d. iacluding I~wyers' fees aod abstract wota ee~sooably incvrred or p~id ~t a~+ time by ths i Mortgagee beaase of the f~ilure m tde part ot the Mortgagar w pertorm. aomplY with ~nd ~bide by e~ch and every t6e atipu4tious. ~eema~ta. x cooditioos and coven~nts of ~id promiseory aote and this deed. or either. and evsry such payment shall bear iatereet [mm date at t6e nte of t~n 110961 per oentum p~ annum lel It is further a?ve~nted ~nd agreed by ~sid p~rties c1~at in the evmt ot ~ suit being iastiwted w faeclo~e thia mqrt8+~8e. the Mu~tga8'x sha~ be ~ mtitied to apply at wy time pend~ng such tomclosure suit w the oourt having juri+diction tl~ereof for the appointment of a reoeiver of aU and singuLr ths ?~6+~8~ P~Y. and otall rents. incomes. profits. issuea aad reven~es tliered. from whateceva ~ourae derived: and thereupon it is hseby ezPresd7 oovenanted and ~greed that the Court shsll forth~vith appoint such reoeiver «iN tl~e usual pow~ce and duoies of reoeiv~s in l~e cases: aod eaid appai~ ment sha11 be m~de by t6e court u~ mauer of aRrid right w ehe Mortga~ee. a?d without refereoce w the adequ~cy or iu~deqwcy oi tf~s v~lw ot tb~ pro P~Y ~Y or a c6e sotveacy or insolveacy of che Moresegors or any ocher party de[eod.nc co sue6 suit~ 'Ibe Ma~taaaor 6rebY sps~it ooneeot~ that nxb a shdl bs ards u~n ia11y waives tbe right w objeet w the ~ppointment o! a receiver u ato~ssaid and hereby ezpmasly Ppoimtm~ent admitted equity and as a metter of abeoluce right w the htortgagee and that the name tn~y be done without notice W tLe Mortgagor. 1t1 It torecloaure Proceeding~ shaild be instiwted aga?n~t. the ptoperty covered by thn mo~tgage upon any aha lien or claim wbechar a~lsged to h° sup~ior ot junior to the lien of this martgage, the 1~tortgagee m~y ~t hia optan imroed'utely upoo institution of auch wit or daring tbe peadaocY ti~xeo[ ~ decLre this mortgage and the indebtedneas secured he~eby due and payade forthwith and may ~t its optian pra'eed w foreelo~e ehis mort~6~6e- r Igl7bat the Mortgagor will Iceep all real end penonal propertY now or haeatter snwmberod by the lien of thia a~octgage ia~ured as may bs nqaired iram inst loee by fire. wi~aco~m ~nd oth~ k~zards. casualties aod oooting~ [ar such periode and [or nat less th~n time to time by the Mortgagee aga ~ om t1 when due a? ums for auch insunna. 7Le amwnts ot insuranos ~equirsd ~ wth amounta sa m~y be required by the Mortgagee and W WY P* P Y P~~ ~j by the Margagee shdl be the minimum amonnts ta w hic6 aaid insuranoe shell be written ~nd 'st ahall be incumbeat upon the Mortg~gor to m~inWn sath ~ additional iasur~nce w may be neoes,wy to meet. and mmp1Y fn11Y with dl oo-insuram requiranrnta oonuined in seid palicies W tbe ad th~t the nid ~ Mortgagor ia ooe a~o-insuror thereunder. Insurance slull be written by a comp~ny or aompa?ie.+ approved a desiqo~ted by tb Mortga~ee~ cies ~nd reoewala tl~ereof aluU be held by the Mortgagx. All detaikd desigAations by the Mortgagor which are ~capted by tbe MoctB~~ee ~ ments txtween Mortgagor and Mortgagee relating to insurance. now ezisting or he~e~fter made. aha11 be in wTitirtg ~nd shall be a part o( tNs mo~tgr$e ~ agreement u fully as tfwug6 sec torth vubatim herein ~nd ahall govero both p~rtie~ 6erew and thar axod~sors aod a~?s. No lim upon an~ ot s~id policies of insurance or upoo any refund or returo premium which m~y be p~yabie on t6e canull~tioa or terminatian ti~eteot. sh~ll ba given W othar t6~n the Mortgagee. ezcepe by proper ~dorsement affi:cd to such po6cy u~d appwved by Mortg~gea Each policy o( iosuneoe eh~116~ve af8=ed t6ereW • ~ Staad~rd New York Mortga~ee Claux without Contributioo. m~king all loes a los~es under such policy p~Yabk W t6s MortB~~ee a~ ita incaeR °~aY ~P' ` pear. !n the event ~ny eum or sum+ of money beoome peyabk thera?nda the Mortgagee slull Ivve the aptioa to recdw end applq ths s~m~ on ~caouot ~ of the indebte~e.s~ hereby xcured. or w permit the Martg~got to receive ~nd use it. or aoy part thveot. without thereby w~ivit~ or imp~irios anY poi' ti. lien, or rig6t urder and by virtue of this mortgage- In e~tnt of lw~ or physial dam~e co tbe mart~~g~d Ftop~ctY tb Ko~or ~h~U ~iv~ imm~~tu ~ i SooK232 ~196 ~ . . . ~ - ~ ~ ~ ~ r - ~ ~ ~~s t ~ " v ~ ~ ~ . ~ . -