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Home My WebLink About2054 ~ ~ I'RO~11)1•11 ~1 1A:~lti th.~t :t ~!,r ~i;~:.:~,•t .l..~:i ,~,t~, ,.~,i•~ ~:tr `,1,~tt};.+grt th~ in~lrhledn~~. r~iJ~nrrJ M a ~rr?a~n pr.?~ni...~i~ fl~~ll'-_-~~~ M~11~f1 lFll' 1~~~~~~NIr.~ 1.*1 '.~i~f~~? .Il:ij ~t~U[~? 1~ 8 ~tUt ~~i~l~' (~~-N1~ ~~Y~~ s 2, 550.00 Fort Pierce . h'k~riJa Se~tember 28, 74 FUIi ~':~Ll'E: RE(:N:117}:u--- We, ~ointl.y 8RC1 several~a promi.~r tu par ft~•tl~ro~drrof HENR_Y__TROSSMAN_afld TILLIE TROSSMAN, is wife the p~incipal .~~m a( TWO THOUSAND FIVE NUNDRED FIFTY and no/ 100 Dul.Lrllt..~, together with intrre•t thercun (rom date at thr rat~ uf ten pen•ent, per anaum until maturiq•, bulh principal and intrrest k~ein~ payable in law(ul monry uf ~thr l'nitrd ~tatr~ at '.'.:.'-~•1 Ri~•aynr 13hd., \liami, Florida, or at such uthe~ place as the hulders hereof may designate in writing. f'rincipal and interect payable in imtallments as (ollows: SIXTY-FIVE ($65.00) DOLLARS PER MONTH beginning on the lSth day of December, 1974, and continuing-on the 15th day of each and every month thereafter until paid in full. This note ma~ be prepa~d in whole or in part aftet one year (tom the date hereof upon payment of a penalty equivalent t~~ i•i~ht prn•~•nt uf lhr prin~•i~~al ~a~n pn•paid. Fa~h i~r. talln~~nt pa~•m~•nt ~hall t~r ~-~edit~•d lint un lhe interest due, and the remainder on principal; and inlerrcst shaU thrrr- ' upun cra.K• upw~ lh~• prin~•ipal •u rn•dit~•d. Thr mak~n and ~•ndur~•~> uf lhi. notr furthrr agn•~ to waivr drmand, notice of nun- ?ayment and prot~st, and in the cvent ~uit ~IIJII IIP bruuKht for tl~r ~•ullrrtiun hcnro(. or thr ~ame ha~ to be collected upon demand o~ an attomey, to pay rea.conablc attorney~s r(~•~•~ fu~ makin~ wrh ~•ullr~~tiun. 11~f~rr~d pa~•ment~ herPUndrr ~hall bear interc:t at the ~ate of ten percrnt p~r annum frum maturity until paid. 7'hi: not~ i• secured by a mort~ag~ o( even date h~rewith and is to be construed a~d enforced according to the laws of the ~~tat~ of Fl~xida: up~n dr[ault in th~ paym~nt of principal andlor inte~est Nhen due, the whule sum of principal and int~rrst ~ rraiaining unpai~l ~hall, al th~ option of the holde~, become immediately due and payahle. - - (~Er\L) t . ~ ~ vt,i:.t.ltii lil. Lil.~'~"~1~~ - (~EAL) I 1'r~wr~d ~y ~prle~ 8 Tendrich. Attorney~ - 22~t0 Ri~cayne Hl~d., Aliami, Florida ar~d shall perf~rm, cumply w~th anJ ab~de b~ each and ecer~ the st~pulati~~ns, agreements, conditions and eove- nants of ~a~d ptum~ssor~• nute and ~f th?s Jeed, ther. th~: deed and the e~tate therebt created shall cease and be null and void. l. The Mortgagor hereby cu~enant. and agrcr~ (a1 To paY all and ~~ngular ihe [Nin~ipal and tr.:r:~.~ ~nd ,~th~r ,u.^~~ ol m~•r.t~ pa;ablc by ~~:we o! sa~d prom~ssory note and th~s deed. M e~lher. ~rromplly on the ~a1s rccp~cu~:ic thc .ame ,rtr..+':;) ^c.:,mr, 1ut. (b) To permit, commit or suiter nn ~e.!c :ra:^~a+n 'n~ :-,pr~,.rments et a:t c:mrs ~n a sta~e of good repau and cond~uon, and to i do ot ptrmu te be dtx+e to sa~d prcm35~~ rtothin~z 'ha! ~:i: a±tcr :hangc thr usc a:.d .hara:ter ot .aid property or ~n any way ~mpa~r or weaken the secunty o( th~s mortgag~. -~nd :r. .+f tnr rcfu,nt nt~tlect i+: ;nab~!rt~ o! ehe hlortgagur iu repa~r aed mamtam said proper- ( ty, tht Mort6agee may, a~ hi~ optum. make su.h repau~ cawc :hc semr !u Ae made, and advance muneys m Ihat behalt. ~ (c) To pay all and ~inaular the ~a~c~, d~~t~~"+rms, :r~~es, ::eb~l~r.e., and v'~ligaciurts ot every nature on said descnbed property each . ~ and evety nc~n duc ana peyablc ac.nr,:~r.R !s~. `c~,:rc ~n~;; ~+~~~~•^r d-l~nau-nt, and 'o deLrrr to :he Mort~a6ee on or betae March ISth of eaeh ytu tax rece~pt. c.idr^cin: ±hc ;.+y,~rnt I.~..t,,:!~ ~m~o.~d !bil'S tor the precedmg calendat ytar; to mdemn~fy tht Alor[~a6ee u~n his lemand tot etl te~c~, a~.c~~T,cn;. rna :i:a~gc~ 1Ft31 rtrca: bt a~~cssed uM~n tk~s mottga6e on the indebtedness ~ wred hereby, and paid oy ~:~~r.g:::rr. .:'h ._e_:d : a-~: iav. hc•rtnf~re enacud +,r hereaftcr to bt enuted ~mpoc~ns ~aYmrnt o: ihe yhole a an?~ vrt thcrc.~( upun ~hc V~~r~t,,tr.. (dl To pay all and ~engulat +hr cn.t>, ch.isgc, .,rd c~p~ r:-e., in~la;e~g ta~~c~.~' f;r. and abstract costs reasonably ~neurted nr pa~d at any nme by ~hc \tortgaRrc br.ea.r ~,f rsr fa~:urc f.=,' :,f chr '.tar;gago: *u ~•-r:orm. car.~ay rith and ab~dc by each and rvery ~he sUpu~et~ons, agrccmen~., condttiun. a.^.d .+~r^3r.;...;• -s:i prom~:~ur~ n~~~e aod tnis dced, or e~ther, and tye~y such~payment shall bear ~ntcrest (nxn Jatc thr ratc of tcn ~;U nr~ .cn:um ;+cr or.n:,^ . (t) It is furthu eoven~. and a~reed by sa~d pa!t~es ~ha~ ~~e event o( a suit bem~ inst~tuted to foreclose this mort~a~e. the 61o~t- ~ p~ee sb~ll- be eetitled to •pply at any t~me pending such (oreclosure suit to the court h~vin~ jurisdietion thereof for the ~ppo~atment j ot ~ reteiver of ~11 and .ingulsr the mort~aeed pcoperty, and of sll rents, ~ncame~, protits, issuea ~nd revenues thereof. ftom ~h~tsoerer source derired; aad theteupon it is hereby eapressly covenanted and ~~reed th~t :hc Court aA~ll tortA~ritb appoint ~uch recsiret ~ritA the usual powera and duhes of receivcra ~n like c~ses: and s~~d appo~ntment shrll be made by the court ~s ~ matter of striet ri~ht to the 1~1{asee. ~nd rithout re(erence to Ihe adequacy or ~nadeQuacy o! the va{ue ot the proDerty hereby mort~a~ed. ar to the eolvency a insolreney o( the ?lor[sasors a sny oNer party de(endant to such suit. The Mortg~~or hereby spec~lically w~aires Iht ri~6t to objeet to tl~e •ppointment of a receiver as aforesaid and hereby eapressly coesents th~t such •ppo~ntment sh~ll be eade ~s ~n admit[eQ eQuity ai a wtter o( absolute ri~ht to the Mort~a~ee and that the same may be done w~thout notiee to the Mortaa~or. (f) If foreelosure proceedin~s should be insututed •sunst the property covered by ~h~s rnortp~e upot? any other lien or cla?m whether alle~ed to be superior ot junior to the lien of this matj~ae, the Mort~a~ee may at h~s option iawaedi~tely upon institut~on of sueh suit or durin~ the pendencY ~hereof decl~re th~s mort~~~e snd ~he indebtedn~~s secured hereby dne ~nd p~yable (ath~rith and msy a~ itt option ptoceed to (aecloae Uus moct~~ie. - Th~t tAe MortNtor rill keep all real and personal property noM or hereafter encumbered by the I~en o( this mat{s~e ~nsured ~s way ~ Ee requited froa time to time by the Mwtp6ee apin~t loss by I~re, w~ndstam aad o~her hazards, c~swliies ~nd conun~enc+es (or such penads and ta not less thsn such •mounts as may be reQuued by thc Morti~{ee snd to psy promptly wAen due all premiua?s fot sueh ~ ~ iesuranee. ibe amounts of ioaw~nce reQuued by the INort~agee sh~ll be the minimum ~mounts (or vrA~ch s~id ~nsut~nee sh~ll be ~ntten ~ snd it shal) be ~ncumbent upan the Mort~ssor to mamtain such add~t~onal ~n~urance as m~y be aeceasaty to meet and con?ply lullr ~r~th ~ •11 eo-insutsnee rtquirements conta~ned in said pol~cies to the eod tl+at tke sa~d Morti~tor ~s not a co-insuror tAtteunder.lnsurance ~ sh~ll be rrritten by s comp~ey or compan~es approved or designated by thc Mortsa~te and sll pol~c~es and renev~ie t~e~eot shall be held t br the Matp~ee. All detailed desi~nat~ons by the Mort~a6o+ wh~ch ~re accepted by tlie Mott{a~ee and all aareements bet~ten Mortt~ta s and Mort~~{te rela~~n~ to insur~nce, nur ex~stini w here~tter made, ~hall be in wntin~ and sA~ll be s psrt of tAis matp~t a~rees~ent ~ as fully •s thou~h set (orth rerbat~m herein and sh~11 sovern both parties hereto and the~r successors and ~ssi~ns. No lien upon sny ot aald polieies of insurance a upon any refund or ~eturn prem~um whieh m~y be pay~ble on the c~ncell~tion ot tersin~tion thereot~ sA~ll be ~iven to otAer than the Nat~~~ee, e}cept by proper endorsement a(ficed to such pol~cy and ~pproved by Mort~a~ea Each policr of ' iasurance sh~ll have atfi~ed there~o • Sund~rd Ner York Mo~t~~`ee Cl~use wuhout ContnDuuon, mikin~ ~11 loss w losses under such oolicr p~yable to tAe Mortp~ee as ~ts m~ercst may appe~r._In the erent aay sum w sua~s o( aaney becoa~e pay~ble tAereunder the ltor~- ~a{ee shall Aare the opt~on to rece~ve and apply tAe s~me on •ccount of the indebtedness hereby secured, w to perm~t the \~ort~aEor to teeeirs aod use ~t, or any par~ thereof, rithout thereby wuv~n~ a ~mpairms any equ~ty, Leo, a n~ht undcr snd by v~ttue o( 1h~. a~at~a~e. In event ot loss or phys~cal dama;e to the mort~a6eA propcrty the Nat{aeor sha1) a~re immedute noUCe thercuf by ma~l tu lhe Matt~~~ee ~rk1 ~ht Ator~Raatt may mak~ proof of Intiti ~f ~hc came ~c not madc prump!ly by the 1lataafa. In evem of (ure~lr~~ure of . ~ ' ° R 232 205~ ' acoc ~acr : _ _ - . ~-~.s y ~ ~ ~.~~~~c~..~~~r~"-~ - ~ - ~s -