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Home My WebLink About0105 . . . ~j~~~ . PROVIDED. ALWAYS, that ii the Mortgagor sball pay uato the Mortgagee the indebtedaess evidenoed by a~ ce~tain promissory note of whkb ths follo~ving in words aad figures i's ~ true copy to-wit: ~ : p Fo~~ e, ~;d, , September 5, t9_ 74 - ~ FOR VA4UE RECBIVED WE ointl and severall - prom~.e a paY ~ to the orae? ot SAM FROrII~iER n . R MMEER s w e the ptiecipal wm o( '~'iF~1,_~~KQIj$AtIU 1'WO HL1I~RED TWENTY-F VE SII L , to6ethet with ietee~ea~ ~hcreon twm date at the ate o[ ten peree~t, pu Mewa until mapu~ep. both principal and intenst 6ein~ p~rabk io (awtul moeer ut the Unitcd ~tates at 22~4 Baeayae Blvd., Miami. Flotida. or at weh olhe~ place a the ho{das i~ueoi mh? dai6nate in writin`. Princip~l a+d interest parabk in inaWlmcnt~ a~ [d1oMn: ~ TWO HUNDRED THIR~'Y ($230.00) 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. ! ~ i Th~s note may be prep~id in whole ot in put dtet one year from the date heteof upon paya~eot oi a penally equivalcnt to f~ve percent of the principal sum pcepaid. ~ ~ach inrtaliment paynieet shall bc credited G~st on the inteast due. and the temainda oa principai: a~d intrre~t Khall thrte- upon cease upun the principsi w etedited. The m~kers and ~ndonert oi thit nott furthe~ a;ree to w~ive demar~d. notiee oi non-payment and pwteat. a~d in thr event s~ ~ ~lull be brou~ht for the cdlectioo hcreuf, or the nme has to be colkcted upon demand o[ ae attomey. to pay reasonable attorney s tre> (oe makin6 sueh edketion. ~ : ~eferred Rarments hereundtr ~hdl beu inteieit at tf~e ate of teo petcent per annum irom maturiq until ~aid. ~ l~i~ note w ~ecured by ~ nw~e ot eren dde hetewith aed 'a to be construed and tntorced ueoedu~ to the laws ot the i -~tate of Flc+rida; _upon defwlt io thepa yn+enl of prineipd aedlo~ inW~at ~rhen due. the whok w~m oE pnacip~l and intece ~mainin` unpaid shdl, at the option of the holdee~, beeonie ima~edi~ y and payaWe. ' 4 . (S~AL) S SEAL) _ ~ and ahsll-perform. compty with and abide by each and every the atipulations. a8reements. conditions and covenanta o~ said promiesory note and of this deed, thes Lhis deed aad the estate t6ereby creu:ed shall ceuse and be null and void. _ y 1. The Mortgagor hereby covenants and agrees: . 1a17b pay dl ~nd sinsular tba prinopal aod inte~est aad othe wm~ of money p~yahle br virtue oi said promisaay oote and thie des~t. or eit6er. promptly on t6e d~ys respectivdy the a~me eeveraUy beoomes due. - Ibl To p~mit, oommit or sutfer no waste aod W aoaintain the impoveonnta at all times in a st~te of aood ~ep~ir and aadition, and to do o~ permit w bs ~ don~ W s~id pnmisss aotdiaE Ch~t wdl akar or ch~n~s ths ws snd ch~r~ctar of pid propatY ar fn W' way impair or we~keo the ~sc~itr of this ~ moRSa`w Md in we af the rei~:,al, ne~eet or;nabitity of the Matg~gor w rep~ir ~nd maint~in said propsty. tbe Mortgag~e may. at hia optton. aub , tueh eep~irs ar aws the sams W be m~de. ~nd ~dv~noe moosys in tbat bthatf. 1e11b py all and sin~ular the tase~. as+~anent+. kvie0.liabilitias. ~nd obiigatione of every oawe~e on nid dacribed prope~ty e~ch aod every whan doa and pyrabis ~too~dins to law. before they Deoome detioqaent. ~d to ddiver to the Mort~a~ee oe or bclors March lbt~ of e~ch ye~r taz reoeipts evidaocing t6e p~ymmt of dl lawfully imposed tases tor tbe preoediiug akud~r Ye~r: W idernnitY ths blortgaRee upon his demaod for all t~zes. asses? meots and ch~rg~s t6at may bs ~samsed upon this mo~t~~e on the indebtedness sec~ed herebY. and Paid by tde morgagee, without reg~rd to atp~ Lw 6s~W~oa acrctAd o~ here~R~r to bs eaeted impoaing p~yu~eot ot tbe whols or ~ny p~rt theeot apon Ws Morti~es• Idl To p~y tll ~nd-~io~lar tbs oosu. ct~rg~s ~nd e~es, inet~in6 4*7~'ar~ fees and abscr~et oosu na~ooaWy incvrred a~ P~id aq tims b7 th~ t Mortp~es bcams ot t6~ failure m t4s pnt d ths Mortpgor to perfana. oaoPtY wit6 and abids by e~eh aud wrry ths atiqtl~t~on~. agumott. ' aooditloo~ and eavea~au ot wW promissory note ~nd tbis deed. or aitLer. and evary w~c6 p~yma~! ahdt bar intenet trom d~te at t~ nte ot trn (1096) p~r o~ttaa Per anavm. Ie1 It is t~rther ooveaanted and agreed dY aaid Petie+ that in t6e eve~ of a suit being iostiwted w foreclose this mnrtgage, the Mortgagee shall bs eotitled to ~pply at aoy time pending such foreclosme wit w t6e oourt Mving jurisdiction tlxreof for the appoiatmeot oi a~eoeiver of all and amSuLr t6~ ~PB~ ProP~Y. and ot dl rmts. iaoomes. Profits. iass~ss ~nd reveoua thereof. f~om wb~tsosver so~~ derlved: and thseupoa it is 6esbp e~perl~ ouwouN~d and ~eed t6at t6~ Couri shdl farthwit6 appoint web reoeiver with tbe uswl po~ren ~nd duties d naiwes in l~u eaMS: aod wid ~ppoi~ meat a6~6 b~ m~d~ by tlr ooutt ~s ~ m~tts ot rtriet ri~ht to the l[ort~ge~, aad witJwut nferoos W the ~ or Imadequ~er of tAs v~ ot tL~ peo- P~y hee~by mo~tpgrd, or W t6~ solvao .ry or inaolvaoey d LLe blata~ae~ ar aay otbK part~ def~od~nt eo we6 ~it. 7be l[ort~Oe ~b9 aqciF ially waive~ t6~ right W objeet w t6~ ap~poiAtmeot of a naiv~ as aiassaid and h~eeby apn~tly awuaoN Ntt auch ap~dotm~ot ~Adl b~ ~b u~n admitted eqmtr ~?d as a m~tt~r ot absol~ste rig~ to t6e Mortgagee aod that tbe s~ms mR7 b~ done wit6out notiee W the Mortaagor. Itl It foreclosure prooeedings ahouid be inetiwted ~gein+t tbe propvty cweced by thia mortgag~s npon any otb~ lien ur cWm whether alie~ed to be superior ar juaior to t6e !im af thia mortga~e. tAe Mortga~ee may at his option immediataly upon imtitation of sucb sdt ar during t6s peod~o~y the~eof declare this mortgage and tbs indebted~s sectxed herebY due aod p~qable fort6with and may at ite optian p~oeesd to foredo~e this mortsys. ~ Igl7hat tbs Mortgagor wiD Iceep ~U ~ed and ~raodl PraP~tY now or hseatter ~nwmbe»d by the tien o[ this morts~ge inwu+d u m~y bs:sq~dnd from time w tim~ b~ ths Martas~ss ~gaiosc losr bY fira. wimlrtarro? ~ad other has~rdr. w~ltia ~od aontingaoci~s ta sucl~ periods ~ 6or not lea th~n sueh ~mounts as m~y b~ requued by tbs Alortgagee and W WY P~P~7' whro dde aII pr~niams for socL iasunoos. 71~e amwnt~ of iwarmos ~+qoind bp the Ma~gaBee ehdl bs the minimum amoueta for which nid i~~aoee sha0 b~ wrict~en and it ahafl be inwmbant ~oa tbe Mat~ to ~ soe~ additiood insv~nee a m~y bs oeoas~ry w meet aod oa~aply folly wit6 all oo-imuraoee cequir~eote oootaioed in said palie3e~ W the aad tL~t t6e nid Matgaaor is mt a ao-i~urar thaeunder. Ins~noe s6all be writt~ by e oompany or oomp~ois~ apptoved ar d~sigu~ted by ths ~latp~es aod all poli- aes and reaewals tMereot shall be heid by the Mortgagea All detaikd dss+~tions bY t6s t+lortB+6er wAic6 aro ~oapted by tM Mattga~e~ ~nd a11 a~'e? meiu between 14oitgagor and Mortga~ rd~tin8 w insiranes. eaw ~isting or hseaRar m~d~. ~6all be in writio~ and shd! bs a prrt ot t~ mat~sp agreemeaR a~ fnlly as tbougb set forth verbatim heran ~nd i6d1 govem bo~h p~rties he~+w and thdr w~aoeswrs ~nd a~n~. No Wn npon ~ ot wid poticies of ins~uanos or ~~oo ~nr refuod or rawro pretaium which oo~y bs p~~~bM oo tbe caoce3lation or t~rmiwtioo th~rd. s6tU bs ~v+n W ot1Mr th~n the Mortgagee, ~~oept b7 P~oPe! ~t affiud to sue6 polity and approved by Mortgagee. Each polity ot inn~no~ ~6~i1 Mro afS~sd th~nto ~ 9taod~rd 1Vew Yark Matga~ee qaux without Contributioo, m~kiag aU bu ar las~sa ander wreh P~Y P~YabL W th~ MatpgM w its iet~eK my ~R pev. In t6e eveot ~ny sum or s~uns of money beoome paya6is tLarwnder ths Mortg~ee slull haw the optloo to reaiw aod apptp tb ~ay an aooooot of t6e indebtedoass hereby aeaued. or w pcrmie che Mataagor to roosiw aad ws it. a a~ part chereoi. witlwat tda~ w~ivin f or lm~irias W' ~qsti- - ti. ~ien. or ri~t uada and br virtue of chis moctgage. [o rvent ot ba or DtiY~ d+~i~ ~~~6~ Pr~Y t1M~o+tp~ ~ i~+~~ - ' t~ . , sQ~233 ~ i~ . . ; , ~ ~ "3: ~ ~ . ~ . ~ I J ~ R '~..~u~ ~ ~~~z~'`~~ ._...,e>.:~.-~ ..s ;~~^`-'~.^'~.~a~, .