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Home My WebLink About2584 i ~ t i ~ ti PROVIDED, AI.WAYS, that if the Mortgagor ahaU pay unto the Mortgagee the indebtedaess evidenced by a Ca[taltl nmmia~nrv n~tw nt which the toAowina in ~vords and tiau~n~ j~ • cnu+ c~ov tawit: . ~ s__3_,S.S~.Q. QQ Fort Pierce, tloriJa Septemb~2~ ~~~~_4^ PUH 1',~LllE KECF:I\'EU F1E ~ointly _and severally, promi•r lu p~~• t thr ordrr o( _ASE A._ STEIN a~t1~~SUNNY STEINs is w e _ _ t P princip~l win o( THREE THOUSAND FI`lE HUNDRED FIFTY and no lOt(111)I.LAR.ti, togeth~•r with intrre•~ t ~eun (rom date at th~ ~at~ u( ten }?~'nent, per annum unlil maturity, both principal and iutrrest bring payable in IaNful mwir~ uf th~ l`nitrd ~tatr~ at ':'.t~l•~ ftiK•aync [31~d., ~liami, Flwida, o~ at ~uch oll~er place Lc the holden+ hereof may de~ignate in writink. f'rincipal and intere•t payable in installments as (ollows: ^ EIGHTY ($80.00) DOLLARS per month beginning on Che 15~h day of November, 1974, and continuing on the 15th day of each and every month thereafter until paid in full. ~ . This note may be prepa~d N~hole or in part after one year (rom the date hereof upon payment of a pcnalty equivalent U? ~~i~ht prrrrnt uf thc prin~•ipal sum prepaid. F.~ch imtallmrnt paymrnt ~6a1) Le ~redit~d fi~1 on th~ interest due, and the remainder on principal; and interc~t ~hall thrrr- uEwn rra.w upun lhr principal .u ~•mdited. • Thc mak~n and ~•~dorw~n ~~f this not~ further agme to waive dr.mand, notice of nun-pa~•meni and protest, and in the event ~uit . ~6a11 br brou~ht [or thr coll~•ctiun hereuf, or the Same has to be collected upon demand of an attorncy. to pay reasonable altorney~~ G•r. fur tnaking wch cullrrtion. 1)~fer~rd payment~ her~undrr ~hall brar intcrr~t at the rate of ten percent p~r annum from maturity until paid. ~ 7'hi~ not~ ia secored by a mortgaR~ of even datt h~rewith and is to be construed and enforced according to the laws o[ th~ ~ta~P of Plo~ida: upon ik(ault in 1he payme~t of principal andlor interrst when due, the whole sum nf principal and int~resl rrnwining unpaid ~hall, at lhe option of the hotde~, become immediately e and Rayable. ~ ~ (~EAL) ~•S~(~ ~c_. -i.- ~ _ (~Er~L) Pr~p~rrd by ~pKler 8'f~ndri~h. Altorneya - 22~10 Ri.wyne Blyd... hliami, Flanda ~ and shall perform. comp y vrnt an a i e y eac a every t e sttpulatioas. agreements. condit~ons and covenants of said promieaory note and of this deed. then this deed and the estate thereby created ahall ceaee and be null and void. 1. 'The Mortgagor hereby covenants and agrees: 1~1 To pay all snd aingular the priaap~l aad interest and other ~ of moneY P~Y+~ by virtue of a~id promiseaY note and t6is deed. or aither. Pro~Y m the d~ya respectivdy the eame severally beaom~+ d~ _ I 1 bl To percoit. com~nit or suHer ao w~ate end w maintain tbe improvemente at al! tunes in a state o( good eepair and cooditi~. and w do or permit to be ~ dooe to eaid promises nothing tlut wrill altei or change tLe use ud ch~raaer o! e~id propertY or in any way imp~ir ar ~reakeo tbe secieity ot this ~ matg~ge. And in we oi th~ ret~wl. negbct or inability of tLe Mortga~or w repair aod mainuin ~aid propvty. the Mortg~gss m~y. ~t 6is optio0. malos ~ such rap~in or awe the s~me w be m~d~ ~nd advsnoe moaeya in that belrlt- lel To p~y ail and singular t6e taus. aseesement~. levies. liabilities. and obligations of every n~ture on s~id dacribed property a~eh and evay when dne and p~Yabls seoording w law, baf~e they beoome delioq~~ent. wd W ddiver w the Mortga~ee on or before Mar~h lbt6 oi e~c6 y~r ta: reoe~pts evideacing tbe prymeot oi dl4wtully imposed tue~ for the preoedin6 ulend~r year: to idemoify the Mortgrges upon ha dea~nd for all ta:es. use~r ments and charges that m~y be asxa.~ed apon this mort~age oa the indebtAdirss eecured he+ebY. and paid by the morgagee. ~rithout regard W~ny law 6aswfors eo~c~ed ~ heeaher w be en~cted imP~B WY~ of the wbok or my p~et t6ecsof upoa the Mat8~8'~- Idl To p~y all and ain~ular the coete. cfurges ~nd aipenses. including Lwyers' fees and abstr~et oosu reuoo~bty iaairred a paid at anr tims by the Mortga~ee heutue of the failure m the part ot t6e Mortgagoc W pertam. oomply ~rit6 aad ibide b~ ach a~ every the atipalations. ag~aemeo~s. ea~dttioos ~ad coven~nta ot s~id peomissory note ~nd this daed. or eit6er. aad every sucd p~ymeM shall bev interest trom date at the nte of ten 110961 Par asntum Der ~noum. te! It is fivther eo~emnted and agreed by aaid pvtie~ that in the evmt of a suit being irotiwted w forecbee this mortgage, Ne Mortgagee sh~ll be eatitied w spply at a~ time pmdine sucb torecloeure suit w the e°urt havin8 )~ri~dictp° ~her e°t for the appointmeot of a reoeiva of all aad sunsu4r the ~6~8~ P~~LY. u~d of all rrnta. i~. P~of'ita. iasuee and reveouea t6ereot. fmm whatsoever aource derived: and t6~eupon it is bereby a=preasly covmanted and a~eed that t6e Court ahall to~thw ith appuint such reoeiver with t6e uatul powas and duti~ ot receivets in like t~ses: ud s~id appoi~t. ment sbaU be m~8e by t6e caut as ~ mauer of striet *i8bt W the Mortsagee, and wit6out refarenoe W ths adequ~cy or in~deq~y of the v~s of the pto- P~7 ~'Y ~B~S~ or w t6e solvmey or iusolvency of t6e Mataagors or any othar party deteod~nt W such anit.'The Matt~go~ L~+bq spseit ~ ially waives ths right ta objeet w the appointmmt of a reoeivar u ataeeeaid and heteby n~ly aooseota that w~ch appaintmaot sh~ll bs m~d~ u aa ~ admitted equity and aa a autur of absolute rig6t w the Mortgagee u?d tbat the ssme m~y be done withwt uotiee w tbs Mortgagor. Itl If toreebauro prooeedings ~6ouM be instiwted against t6e propzty cove~ed by tAis matgsge upon ~ny otl~a lien or cWm whether alle~ed to be superior or junior to t6e lim oi thi~ mortpge. the Mortgagee may ~t hie option immediatdy upon inatitirtion o! such ~it or during tbe pendency tbet+sof ~ decLre thi~ matgage and the indebte~esa aecvred he~ebY doe u~d payabie focthwrith rnd m~y ~t iu optim prooeed W foreclose this matt8~gs - ~A. ~ 1 g 11baL the Mortgagor will keep aU real aud persons! propMy now or heceatter saa~mbend AY the lisn of this martg~e insursd u may bs required from time w tims by t6e Martgagee against loee DY C~re, wiaduo~m and otl~er h~aaids. casualties and oooting~ociss for aueh P~~ ~ tor not leu th~a such amounts as m~y be rsquired by the Mortgagee aad to W7 P~~WaY whs~ due all pnmiums for aae6 in~uranoe. '!be aaauats of insur~ooe reqaired by tbe Morgr~ee sAall be the minimum amwnts for which a~id ine~anoe ~Aall be writtm and it shall be incnmbmt upon the Mortga~or W m~intaio weh ~dditiotwl inwrance as may be nec~ry to mees u d oomply fully with dl a~imurance e~equ'uanents oontained ia eaid politier W the eod t~t ths a~id Mortgagor is not a ao-insuror tl?seunder. In~ance: ball be writta~ by ~ oompany or aomp~nies approved ar de~ted bY tbs Morigyee and ~ll potF cies and roaewds tbereof sludl be hel~ by t6e Mortgagia All detaikd designations by the Mort~gor whieh ~r~s ~caepted by tbe Moregagse and dl ~gss ments betweeu Mortgagor and Mortgagee rdating to imuraooe. now e:isting or he~e~it~ made. shall be m writiug and a6ail be a paR of Ws mortg~ie agreemeM as fully ~s though set forth verb~tun herein ~nd shall govern bot6 p~rtiea hereW ~nd ther wooseson and aseigns. No liea upon ~ny ot s~id policies ot irounna or upm any refund or return praai~ wdich may bs p~yabls on tAe e~atioo ar termin~tia~ the~eol. amll be given to other tlrn tLe Mortgagee. eicePc bY ProP~ ~~nt affized to such policY ~~PProved by Mortgagoe. Eacb policy d ina~ranos sh~ll h~w af6~d th~rto • 3tand~rd New York Mortga~ee Aaw~e witlaut Contributian. makin8 aU bss or lasses under such P~7' WY~~ W th~ Mottga~ee a~ its ioR~~t no~r ~P pev. In the ev~t any sum or aums o[ money beoome payabb t6aeunder the Mortgagee sball luve the option W reaiw and ~ppl~ tM wme an ~taount of tbe indebtedra~ beRby eeaued. or w permic che Martgagor co reoeive and use it. or aay p~rt t}kre~i. wilhaut tl~aeby waiv~ or imp~irin~ a~r ~Qui' ti, lien, or rigfit under aod by virtue ot th~+ mortgage- t n event of Iws or physical dam~ge W ths moct~ag~d proputY tbs Mort~a~or shvl ~{w imm~+t~ ~ 800K ~J~ PAGE ~~8~ . " . - - - - Y-~~ - - - s~, ~ ~ ~ ~ ~ ;j ~ ~~y" .r~~ , , . ~ -=s ~ ~