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HomeMy WebLinkAbout2399 PROVIDFn, Al_V1AYS. ths~ if the ~tur~ga~or ahall pa~~ unto ihe \b~~ea~ra the ~ndebtednrss tviJanczd by a certa~n p~wn~~s~u~ aoie ~?f wh~ch the (uU~~v?m` in words and f~~uccs is a true copy to-w~t~ ber 9 74 = 1,950.00 _ Fort Pierce, Fb~, Novem , 19 ~oH vA~uF. ttFC~vFt~ WE ointl and severall ~m;~ N,,, t~ che ~xde~ or THEODORE the principal sum of ^uF ''''an~i~ ~ Nipg 1~liNDRFA FTFTY and noI100 pOLLARS, togethe~ with intercrt thereoo (rwn date at the rate o( tc~ percent, pe~ annum until mstutity. both principal and intereat beir~g payable in lawful money uf the Uaited 5tates at 2241 S~+rayoe Blvd., ~tiami. Elorida. or at such olher place ss the hdders hereo[ may desig~ate in writin~ ~ Principal and inters~t payabk io ia,tallments as toUorra: FIFTY ($50.00) DOLLARS per month beginning on the 15th day of January, 1975, and continuing on the lSth day of each and every month thereafte~ until paid in full. ~ ' This note may be prepa~d i~i whole or in part atter one yeu from the date hereot upon payment of a penalty equivaleet to eight prrcrnt of the principal sum prepaid. . - , Each inrtallm~ot. payment i•lall br credited fir~t on the iMe~est due, and the remainde~ on principal; and interes~t shall thrn- upon~ea3r upun the principal ~ crrdited. The maken and rndo~xn o( this not~ (urlh~r agtre to waire demand, notice o( noa-pa~rment and pmtest, and in the event wit :I~all br brouRht (ot the eollection herec~i. or the sa~ne has to be cdlected upon demand o[ an attorney, to pay re~onable attorney~x frr~ [~x making wch ~dle~ctioo. . , l3e~fened payments hetrunder chall beu inte~t at the rate of ten percent per ac~num from maturity until paid. ~ Thia note i~ ~ecured by a mort~e ~ of even ds?e herewith and is to 6e eonatrued and enfo~ced• aecording to the laws oi Ihe ~ r~tat~ 'ds• fault in the , ymeot of principal andlor interest rrhen due, the whde eam o[ principal and interest ~ rr mi a~ sha a tio~ Iders. become ~mmcdiately due and paraWe. ' n s ti Q~' His ) Mark + ~SEpL) 8n s a Jo Ar er ^ t~ a~~~~ -r ~~-,~u (SEAL) y_ _ ,~,r~ M;,~, Re onia rc er ~ral ~hall perfcxm, comply with and abide by ~ach and every the stipulations, agreements, conditions and cove- nants of said promissory note and oi this deed. then this deed and the estate thereby eceated shall cease and bc null and void. 1. The Moct6asor bereby covenants and agrees: (al To pay all aad ~ini~~+~ O~~p~~D~~ ~~nterest aod other swas ot ~oney psyable by ~irtue of said promissory note and th~s deed. ot e~tber. poaptlr an the days respec~ively the sasc severally becomes due. (b) To perait, cora~t ot su(fer no ~as~e aM to ssmum tbe improvcseats at atl uoes in a state of sood repai~ snd condiuon, and to do or pers~t to be da+e to said preo~ses noth~n~ tA~t rr~ll alter or cdanie the usc aad chuacter ot said property or in any vay impsir or i reaken 16e security ot this ~t~aae. And ia case of t6e re(usal, ne~lect or ~aability of the 11ort~asor to repair aed maints~n s~id proper- ~ g tr. tAe ?lonpsee mar. at his opl~on. mate_ sucA tepaus or causc tAe saa~e to bt made, and advaoce ieoaeys in lhat beh~lf. ~ ~ ~ (c) To pay all aed ~~nLnlu the uies, assesssea~s, ler~es, liab~lities, and oblipuoos ot every nature oo s~id dfsetibed property each ~ ' and e~etr ~Aen due aad payable accad~na to lar, befae tAey becaoe detinaueM, and to deliver to the blortta6ee on a befae ?larch ( ~ lSth of eaeh yeu ua rtceipts ev~denc~e6 t6e paymea~ ot sll la~rfullr ~mposed ta:es for the preeed~os calendu year; to mdrmn~(y the f ~ ?lortaasee rpon his des~aod tor all ta:es, arses~mcnts aod cAarses that mar be sssessed upon this mortsa~e on the indeetedness ~ cured Aerebr, and pa~d by ihe mortaa~ee. ~uhou~ re6ard to any lar \erototae eaacted or heteattu to be en~cted imposin~ ?ayment o: ~ ~be vrhole or any ~art t6ereot upon tAe ~fwtsasee. (d) To pay all and s~njulsr the costs, char~ts and espeases, includ~n6 laryers' (ees and abstract costs reasonably incuned ex paid at ' any t~~ae bq the ~fat6ssee becauce ot the fa~lure m ehe part ot the 61at~asor to pertam, coaply ~rith aad ab~de by each and avery the st~pulat~ons, streeieents, coe~d~tiaes aed coremats o( sa~d promissory note and th~s deed. ot eitber, and every such~psyment shall besr ~ ~atcrest (ro~ dste at the rste of ten IIOSI pcr ceasue per annum. (e1 It ia t~~ier cmrw~:-~ asd aareod br aaid p~tties Uut ~w tie e~c~t of a swt beiu~ i~stiwted to toteclose Wia wat~ase. We Mat. ~ee sball be atitled w a~lr at anr ti~e pe~dia~ snc~ toreclosrre snit to tie cart 6s~ies jrrisdietim thereot for We apooieteeat ot a rceei~sr af slt ui si~plu d~e wort~a~ed /rooe~tr. seb ot all reats. iaca~es. ~ts. iasties ~~d rerewea tAereof. [ros wA~uoever sorree de~ived: atl d~ue~oa it is ~erebp ez~ressly tmrea~u/ sa/ ~rse/ iLat tre Cartt ~It tott6~it~ aopist sntM reteirt~ ritA tie ~swl p~ers aad d~ties of receivc~s ia like eases: ud said ~~oi~t~eat sisl! re ~de e~ tMe eoart u~~atter ot striet ri~ht to We Wort~asee. aud ~itYort retereacc to tSe a+eqwcy or iradeqwcr ot rie ••Ire ot ~ie orooenr 6erebr wo~u.sed. at to the solvcocy ~ or iasoha~ey of tbe Ilort~stors at up od~er prqr dete~daat co sac6 swi~ 71e YorWSot beteby soacitieal)r raives 1bc ri~6t to object ~ ~e ~se .~ei.~ae.e d• reeei.u as dare,aid .ae sere6y ea~essqr casse.u w~ s.er a~oia~aea~ aean be .sde •s •n ,asi~eea ea~~~y i aed u a ~tter ot absol~te ri~ht to ~Ye Mortpiee ~d uat tie sue ~y be Qowe vritYort ~otiee a t6e Morya~or. ~ ` - i (f) !f torecloarre Kocee~iy,s sbiW be iascianea apiast ~Yc oro~q w~erd bp t6ia ~ortp~a uoos aar o~6er liee ar cbis .rhetber alle~ed w be s~ior at jriot to tAe lica d ~fia oortsasei tAe Yo~tptse ~sr at Ais ootio~ ie~edi~tely u~ IIISIIIYIIqI O~ iYCI1 lYll F or dori~ tAe ycode~cr tYereof declare tiis ~ortqte aM twe i~ebtedaeu sa~red Raeby dre ~ad ~r~ble fottArith ~nd aur at its opia~ proceeA ~o foreclase t~is aortaa~e. (v TYat t!e Matt~a ~ill keeo all resl aad oerso~al orooerq eo~ ar YaeaRa e~ca~bered er t6e liea ot tlis ~ort~~se iesured as a~ar be reqiured [to~ ti~e to ti~e b7 tre Mortiatee ~{ai~st loss bp fue. ~isdston~ aad oLLer Yasuds, c~swlties and coatia~eacies for such oaiads asd (or ~ot kas d~a~ srcY a~auta u eq ~e req~ired sy tAc Mo~yssee aed to ar ~o~ptly ~Aen dYe ~tl p~cwiu~s tor sYCh iasnnaca. 71a ~~o~ts e( ia~rrMCe reqrired b~ ~Ye Mott~yee aLtll be tYs Wia a~ts tot rAicA s~id i~arrasca sh~ll be ~rrittca aad it sYall Ye ise~eai ~p tYe Yortasso~ w aie~a's aocb ~itiawal iasrr~ece ~s yr bt aetessur to weet aud towplr frllr vitb dl co-iasrn~ce reati~ewa~ts eaw4iid i~ s~i~ policies to We ead trat IAe asid Mortiqor is eW s co-i~awor therewder.lnsurance , s411 be ~rcittss b~r ~ ca~sr ar co~0~ies ~~o+red or Aesipated b~ t~e 1lortptee asd ~11 oolieias ~a0 reae~als Wereot sAall be Yefd j 6p tie Mort~a~ee. All detaileA Aesipatiaas ~ t~e Mort~a~or .rhic~ are aeuote0 bp ~Ye Monsa~ee aed all yreeseets bst~eea Mortpta i aoa Yort~a~se relatis~ to ias~ruce. w~ ezistia~ ar I~ere~fta ~s. s411 be is ~ritiss aA aAall be ~ Patt ot tlis ~ort~s~e ~{rceweat i u t~lhr u~Yo~ set (ortY ~erM[i~ ruei~ ~N aY~{I so~rers baY ~uCisa Asreto asd tLeir srecessors aud aiii~es. NO IICA Yp011 ~IIY O~ t ad/ plicies of u~seruce or u~ ay refaed a~ nare /re~i~e ~Yier ~7 be O~r~le ae ve esaeetl~tioa or tcr~iaatioa tbercof. shall j be aiaa~ te ot~er ~a~ tMt Yottsa~ce. e:cep ~o~ e.i«sesew~ a1t'~scr ~e srea ooticr and a~ro.ea er ~«~s•see. Esch policr of ` uurrNes sM~l1 wrt ~ifi=tA tYetelo ~ Sta~darA Ne~ Yotk Mottsa~et Claqe ~rilYa~t Co~triA~tiow, ~ntiu~ ~11 losa a losses under such ~ oolier Mr~bk to tMe Mottµ~ee as its i~taeat rr ~o/ear. t~ tk erqt ~ep a~ a s~ d~oaer beeawe ~rs61e tberew~der the ~t- r psee iLall Aare ~ie ootiaw te receire a~d ~~Ir t~e sue aw aceawt d tYe iNtbtedness herehr secured. a to Perwit tht M~rt~~Ror te ~ecei~e ui we it. or aar pare d~ereot. witl~wt tiae?p ~airi~{ ar i~iri~ ~r eqritr, liee. ot ti~At undet aod br ~~~tut o( 1hi. ~oryye. M erat of loss w pYpsical d~~~e to t6e ~at~ased Rooettr 1Me Mortp~at fh~ll ~itt iMtdi~lt AOtice lhtrcof pY ma~) t~~ tAe Matsasee and tAe Ilortss~ee ~sr ~te oroof of loss i/ tke ss~e is not sade ~ap~lr br tht ~..fort~~{ar. lo event ot f~e~lo.we of ' ' EeoK 233 PAGE 2397 ~ ~ x.~~ - ~~x ~~~Y _ .-r } ~ ~.x~~z~ _ E _