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Home My WebLink About1065 Y~~ ~aC ~f / ' 7 v i t~~.a~~ illl`'~ , ~ PROVIDED, ALWAYS, that if the Mortgagor ahall psy unto the Mortgagee the indebtedaese evidenc~d by a ' ce~tain promiasory note of which the followin~ in ~vorda and figures ia a true rnpy to-wit: _ . s ~ aM~~'~~~ September 7, 74 f~,~5o _ 09 r~ t,_ er_„~,_F~o~d. . FOR VALUE RECEIVED ti+1E ointl and severall ~o,~;,e ~o p.y ' ,o o~ IaANIEL SOKOL an LEE SOKOL is wif the ptincipal wm ot THOUSAND TWO N RE St1 ti0 pOLLARS, to6ether with interes~ tl~ueon (wm date st the ate ot tee pe~cent, per ~nnum ueW ~atutity. botkprir~eipal ~nd interat bein6 payabk ie Iswl~l moecr u( Tthe Unitcd ~tstc~ at 2~44 Baeayee Bhrd., Miami. Fbrida. or ~t web othe~ plaee a~ tl~e hdd«s hueot may dai~ate ie writi~. principd and intee~at p~ya6k in inaWleaents a~ [dbv+s: ONE HUNDRED FIFTEEN ($115.00) 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. This note may be prepaid in whoie ot in part a[tu one ye~r from the date hereof upon paya?ent of s penaity equivaleet ~ to five percen~ of the prieeip~l sum prep~id. E~ch in~tallment payment ihail be credited Grst on the intcreat due. and the remainde~ on ptincipal; and interr~t ~hall thrrr• upon cease upun the principa~ w credited. The mak~rs snd ~ndoners of thu note futther a~ee to waive demand, eotice of non•payment.and protat, ~nd in thr event uuit ~I~all be brought for the cdlcction hereo(, or tl~e ~ame hat to be collected upoe demand o[ an ~ttomey, to pay teasonable attorney'~ frr~. tor makin` sueh tdlectian. De(erred payments heteunder ~hdl beu interest at the rate of ten percent per annum [wm maturiq until ~aid. Tha note i~ ~ecuted by • nart~c of even date herewith and 'a to be eomtrued and entoreed accadm6 to the laws oi the ~la1t of El~xida; upon defwlt ie thep~ yn+cnt of principd andlo~ intuat when due, the vrhde w~m of pnnc.ipal and intece~t ~ ~rm~i~ina unpaid ~ha11 a1 the optioe ot the holde~s, become inunedia y due and payable. . ' itness as _~er mark: S ~ Her ~ Mark ~5~~) ~ u ' (SEA~) ~ ~ Cl-. ~ /r /i--~^ /1 and shall perform, comply with and abide by esch and every the stipulations. agreements. conditions and covenants ; of said promiseory note and of this deed, then this deed and the estate thereby created ahall c~ae and be null and void. ' 1. T'he Mortgagor hereby covenants and agrees: . U11b pay all aod w~gut~r tbe prindpal and interest and other aums of moneY WY~ b7 virtue of said promis+orY note and this ~ked. or eit~er. P~~Y on t66days respectivdy tbe same aeverally beoomes due. ~ Ibl To permit. oommit or auffer no waste and w maintaia c6e improvemeata at all tia~es in a state of good repeir and cadition. ~nd W do or permit to be ; dooe w a~id pnmi~es nothing that will aher ar eh~nge the use ~nd eh~neter of said pcopirty ar in ~ny w~y impair or we~ken the eee~a~itq oE this ~ mwtgs~gs. Aad in case of the reiwal. oegbct or ioaAilicy d 4he Matgagor W rep~ir and maintain a~id pcoperty. tlie Mortgagee may. t3s optioa malce ~ wch rep~i~ or anse the same W be m~de. ~nd sdvaeoe moneya ie that behalf. . . ~ lel To p~y all ~nd ~ngul~r the uua. asses~ents. kvias. liaLilities. and obligatione of e~~ery naturo on ~aid described property e~e~ aud every whea due P~Y~ ~n8 to L~r. before they beoome ddioqamt. and to daliver W t6e Mortgagee on or befare March~th~ot.~ for a11 ta~~es. asses~ ~~6 ~ P~Y~t of all 4wtully impoee~ tues tor tbs preoeding cakod~r ye~r: to idemnify Ihe Mortga8'ss upon . ments and ch~rges thd~ maq he asaeaaad upon this mortB+g~+ oo th iudebtedness seeured 6e~rebr. and paid by the morp8ee. witLout regard to aqy law 6attotors ao~cted or bQe~fter w be enacted impoaog paymeot ot ihe whole or any part tLe~of upoa the Mortga~se. ' Id11b p~y ~Il and aing~lar the costs. elurBea ~nd ~penses. ~nciudi°8 Vwyer~ Eees u~d abstract aosts ~sooablp in.vrred or p~id at any ~ime bj~ tbs Mortgagse because oi the failure m tt?a part of Lhe Mort~gor to perfam. ao~ly ~rit6 and abide by e~eh~and every tl~e stipulatioas. a~ee~ts. rnnditioos ~nd covenants oi a~id promiseory note and this deed. or eitl?er. and every such p~yme~nt shall bear intersst from dde ~t the nte ot taa i 109E I par ceotum par annum. lel It ia het!?rr oovenented and a8re~d bY s~id P~rtiea ehat in the ev~t of ~ suit being iretiwted w Eoreclose t6is mortga8a ~e Mortgages ~6a11 be eatitlsd W apply st any time pesding such ~orecloaure suit w the aourt h~ving juri~diction thereot for the ~pQointmeat of a reoeiver oi all and ~ingular t6e ~P~ P~~Y. and of all reots. inmmes. ~ta. iasues ~nd revmues tbereot. from whateoever aource derived: and theceupon it is 6s+by e:pre~ ; oovenanted and a~esd that 4Le Court nhaU fort6with ~ppoint wc6 reoeiver wit6 the usual powero and duties of rxdv~s in 67ce c~ses: and s~id appofnt. ment sh~U be m~de by the court as a matter of etriet rigbt w the Mertgagea and withoat nfvaiee W the adeqwey ar m~dequ~ey ot t6s v~1us of tbe Pro' s P~Y ~Y ~8~8'~ ~ w t6e solveneY or insol~eac7' ot the Mort~ors or any other party dsfeod~nt to sxb euit 7be Mertga~o~ hetsby specif' ~ iaUy waives ths right W object to tbs ~ppointmmt of a reoeiver as ~foresaid and b~bY ~Pr'~Y oonsents that auch appointmeot sh~ll bs m~ds ai an ~ admitted equity ~nd aa ~ matter d absoluce right w the Mortgagee and that t6e a~me m~y be done without notiee w the Morigagor. f tl If (aec{osure proceedinge sbauld be instiwted again~t the property covened by thi~ moctgsge upon any ot6s liez~ ar cLim whether alle~ed w be aupaior or junior W tbe Iien of thie mortgage. the Mortga~ce msy ~t 6ia aQtion i~nmed'utely upm institution of suc6 suit ur duriag tbe peadeoey tir~reo~ ~,,e declue this martgage and the indebtedneas secured bereby due and pay~bie forthw~it6 and may ~t its optian proaeed to foreebse tW~ mortgag~a ~ Igl7bat the Nortgagor wiL ~eep aU neal and perooniJ property now or heceeftar snaimbered by the tiea of tliis muetg~ge insurod u m~y bs reqnirod tram f ~ t~me w c;me by che Morcgsgee agaiiuc loae by fue. .indswrm .nd ocfw h.sards. casuahiss .ad oontinge~cies far auch periods and fa~ not kss ch.n wch amounta as msy be required by the Mortgagee ~ed to P~Y P~P~Y wben due aIl premiums for such iasuranee. '!be amaunts of im~uaoos reqnirad ~ by t6e Morga~ee ~Fuli be tl~e minimum amwnta tor which aaid imvranee shall be writt~ and it shaU be ittumbent upon tbe l~lortgagor to m~iotain wcb additiond ins~am ae m~y be aeoes~ary w meet ~nd oonoplY fulb wit6 all eoin~uraace requiremmta oonuined in aaid polieies w tbe ead th~t tbe nid ` Mortgagor is not a oo-insura t}~eunder. Insurance shall 6e writtm by a aompany or aomp~niss appwved ar deagnated by ths ltortga~ ~ad a11 pdi~ cies and reaewds t.bceot shall be hdd by tde 1lfortgages. AD det,aikd deaigoatioas by t6e Mortgagor whieh are ~oapted by the Mortgagea ~nd all ~gres meats betwea~ Mortgagar aad Mortga~ee rdatiag w i~wrance. now eri~ting or 6ereafta made. ~ll be in writin~ ~nd ahall bs ~ put of t}ris mortga~ ; agreement aa fully u thoug6 set Eorth verbatim 6erein and ahall govan bot6 p~rties hereto ~nd thdr suooeason ~nd us~s. No ti~o upoo ~ny ot said ~ pdiciea of inSUranoe or upon any refund or retarn premium whith msy be qyabb on the cao~oeDation or tarmination thereot, ahdl be sireo W othir t6an ~ tUe Mortg~gee. ezcePc bY ProP~? endorsement af6:ed to such poticp and aPPmved by Mortg~gee. E~ch poliey of imur~aos sh~l1 trve d5ud theeKo • 3t~ndard I3ew York Mortga~ee Aaux witAo~t Concribution. mekiug aY loss or lossea uader such P~Y WY~ble W e6s Bdoctga~ee u ka iata~e~t m~ ~P pev. Ie tbe e.~. aay aun ar s~s ot mon~y beoome payabls tl~a~w~nder t6e Mortg~gee sh~ll have tb~ optioa w reoeiv~ and appi~ the a~m~ m~ooo~mt ot the indebtedoeas hereby secured. or w puu?it che Mortgagor w reoeive and uss it. or a~r put tLereof. wnthout tf~eby w~iving as impairin~ a~ ~4u~' ti, lien, or right uoder ~od by virtue of this nwrtgage. In event of ba or physial dam~~ W t6s matg~ged propatty tL~ Yortg~aor ahdl ~v~ imm~&aN ~ so~2~33 ~1064 F • ~ 'f 29 [ `s` Y:+ ~ ~ ~ " .~.K_. eLj'"~" .'~4` .~v~_,....:~• ...`n.~ . - c~-~ a._ . .