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PROVIDED, ALWAYS, that if the Mortgagor ahall pay unto the Mortgagee the indebtednesa evidenced by a ~
cert,ain promisaory note of which the tollo~ving in words and figures ia a true copy tawit: ~
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s 3~825 00 Fort Pierce, F~a;d, AuQust 31, ~~.74 '
FOR VA4UE RECEIYED I promise tu pay
to the o~d~r a( BENJAMIN GOLD~N ari YVETTE GOLDMAN his w~f ~
the pnncipat wm ot T~E EIGHT HUNDRED TWEN ~-FIVE 1,. , o6ether with interes~
~hereoe ~~om date at the nte of ten pcrcent, pet annum untit m~turity. both principal and intcrcat bei~ payable in (aw[ul money of
th~ United ~tates •t 2244 Bi~c~yne Blvd., Miami, Florida, or at wch othe~ Plxe as the hdders hucot may desi~nate in writin6.
Pnncipal and intetest payablc in in~Wlmtnt~ ~ Iollo~+a:
EIGHTY-FIVE ($85.00) DOLLARS per month beginning on the 15th day of
November, 1974, and continuing on the 15th day of each and every month
thereafter until paid in full.
Th~s note may be prep~id ~n whole or in put aite~ one year fcom the date heceot upon payment oi a penalty equivalent
to fi~•e percent of the princip~l sum prep~id.
Each in,tallment parment ~hdl be credited firat on the intereat due, ~nd the remainder on principal; a~d inletr~t :hsll there-
upon «ase upun the principal so credited.
Th~ makers and ~ndoners of this note (urther ~ee to w~ive demand, noticc oi non•p~yment and protest, and in thr eveot uuit
~I~all br brouRht to~ the cdlection hereof, w the same has to be eollected upon dcm~nd o[ an ~ttorney, to pay teaso~able attomey'~
frr. (or makinR ~uch collection.
p~{~rred payments htreunder shdl bca~ interest ~t the rate o! ten percent per annum [rom maturity until paid_
' 1'hi~ note u ~ecured by a mott~e oE even date herev+ith and is to be con~trued and e~focced accordma to the laws of the
~tat~ ot Flrx~da; upon ~xfault en the paymcnt ot principd andloi intuest when due. the whde ~um of pnncipal and inteted
rrma~nin~ unpaid ~hdl. at the option ot the holden. become immedidely ue and payable. n
e ~ ~•-,-c-~. / ' ~ (SEAL)
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_ ` (SEAL)
and shall perform, comply with and abide by each and every the stipulations. agreementa. 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: ~
lal To pay ali and aingu4r the prinripd end interest ~nd other a~una ot moneY WYa61e by viKue o( aeid promia.wry note and this deed. or ~tl~er. ;
PromptlY oa the d~ys respectivdy the s~me ~everdlY be~s due• i
! bl To pe~mit. commit or auffa no ~?aste and to maintaio the improvemeats ~t all times ia a state oi good +~ep~ir and eondition. aod to do or permit to be ~
done w naid promises nothing th~t will aher or c6ange tbe we ~nd d~areaer ot said propertr or ~n ~ny way impair or weakai tl~e sxurity ot this }
'i moctgage. And in uee ot the retunal. aegkcc or inability ot the Mortgagor to ropair and maintun eaid propaty. che Mortg~gee ury. at his option. make ~
~ auch repain or aux the eame W be made. and rdvance moneys in that behtlt.
~ Icl To p~y aU ~nd singular the ta~, assessments. leviee. liabiGties. and obligatioti of every nature oa sud dexribed propertY esch and every when due
and p~yabk ~ccording w law, before they beoome del'uq~ient. and to delirzr to the Mortgagee o0 or betore March ISth of e~th year taz receipt~
~ evidendng the p~yment ot a1! Lwdully impwed t~ces for We prereding alendar yesr: to idemaify the Mwtgagee upon hi~ de~mnd for aU tayes, assess
mente aad elurgrs that may bs as~eesed upon this mortgage oo the irdebtedneas secured Uaeby. and paid by t6e murgagee, wit6out regard to any law
he~eW fore eoacted or l~eaher W be aucted imposin8 WY~ ot the whok or any p~rt tbeeof upon the MortBages-
~dl To p~y ~ll and ~ingiilar the casts. clwges aud asp~s. including Lwyer~ fem ~nd ~batract oosts reuooably inaured or paid at any time by t6e
Mortgagee beuux of t6e failure on the p~rt d the Mortgsgor w paform. oomPaY witn and abide by e~eh and every the stipul~Rions, agreemmts•
eonditiona and covenants of said promis~ory note ~nd thie deed. or ather. and e~try ~uc6 payrt~ent slull bear interoat trom date at t6e rate of tan 110961
per centum peramum.
lel It is further ooveneated and egreed by ssid pnrties thst in the event of a suit being instituted w foreclose this mortgage, the Martgagee ah~11 be -
entitled to ~pply at any time peiding such toreclaoere suit to the aourt l~sving juriadiction chereof for t6e appointment of e reoeiver of all ~nd ain6ul~r ths
~8~ RroP~Y. ~nd oi all rmta. inooa~es. Wofits. iasuea and revmues thereot. tmm w6ataoever souroe derived: aod thereupoa it is heteby aspremly
rnvenanted aad agreed tLat the Court ahaU forthwith appoiat snch rweiver with tAe usual powere ~nd dutie+ ot reoeivas in like casss: and s~idappoiot-
ment stull be m~de by the oourt ~s ~ mauer ot ~trict rig6t w the Matgagee. and witbout reference w t~e adequ~cy ar i~deqwcy of the valas ot ths peo-
P~Y ~?Y ~6+~8~ or to t6e eohaKy or ins~lvmcy of the Mactgagon or ~ny other pvty detendant w~uc6 sui~ Tbe Mortg~~ 6ereby spseif-
ially waives t6e right to object to the appointmeot of ~ reoeiva as afornsaid a~ 6ereby ezpre~ly ooasmts that euc6 ~ppaintment shall be m~ u~n
~ admitted equity and ~s a mstter ot abaolute riglit to the Mortgagee and that the s~me tn~y be done without notice w the Mortg~gor.
I(1 It toreclosure proceedings stw~u~d be instituted against the property covered by this mortgege upon any ot!?~ liea or tWm whetLs alleged to be
wperior or junior to the lien ot this moKgage. the Mortgsgee may at hia option immediatefy upon in~titution of such wit or during tLe peodeoey theced
decl~re this mortgsge ~nd the indebtednea+ senued hereby due and payable forthwit6 and may at ite optioo pra.~eed W fo~eclose this mortgaga
- 1 g I That the Mortgegor raill keep aA real and personal pmperty now er hereaher ena~mbend by the Fien ot this rmrtg~ge ina~rod as m~y be roquired irom
time to time by the MortBaBee agaia~t lom by fire. windetorm and other Aasards. casualtiea and tontingmrcies far such periods and for not Isss t6an
~ euch amounta as m~y be required by the Mortgsgee and w P+Y P~Pily when due aD promium+ for such insurance. 7Le ~mounts o[ insuranoe roquired
~ by the Morga~ee sh~ll be the minimum amounts for w6ieh aaid im~uance slull be written and it ~U be incumbeat upon the Mortgigor to m~inqin such
~ddition~l innaance as m~y be oeoea.wy to meet and complY inll~' with all oo-inauraace requirenents ooncained in said pdicies w t6e ad th~t the a~id
Mortgegor is not a oo-i~ora thereunder. Inanrence shafl be written by a company or oompenies ~pproved or desigoated by tbs Mortga~ee ~nd all poli~
~ cies and rene~vals thaeof shall be he3d by the Mortgagee. All detailed designatiow by t6e Mortgsgor whic6 are accepted by the Matgagee aod all ~gres
ma~ts bel.ween Mort~gor and Mortgagre rdating to im~uane. ao~v rsieting w hne~[tu made. sluU be in writing and s6all be a part of tbis mattaa~e
~ agreemeat as tdly u thoug6 set forth verbatim hercin and shall gove~ bot6 partie~ AereW and their suoeessors and aesigns. No liao upon aoy of s~id
policies of insur~na or upan aay refund or return premium whieh m~y be p~yabk on t6e canceRatioa or termin~taa thaeof. ehaU be gi~Yn W otl~ tl~n
the afortgagee. e:cept bY ProPK endorsement affized W suc6 poticy and appmved by Mortgagee. E~ch policy of inauraooe shall l~ve d6~d tl~ereto ~
St~ndard New York Matgagee Aaux without Contribution. making ~U loss or lasses under such po~l~ty paYtbk W tbe Murt6a~oe as ita iate~'e~t mq aP
pear. ln tlte evsnt ~ny eum or sums ot money beoome p~y~bb tl~euoder the Mortgagee ahall luve tlie option to recave and ~ppl~ t6~ iams oo aoooant
of the indebtedness hereby xcured. w to permit t M Mortgagor to receive and use it. or ~ay part thereof. wntbout thsreby w~iving or imp~irins aar ~quf
- ti. lien, or ri~?t under snd by virtue of ihis cnortgage. Io evera ot bu or phqsia! dnn~e W tLe martgag~d propwtY ~~~B~i'o~
s ~ vVV1~frVir ~wYa~~ • y
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