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Home My WebLink About2707 ' _ ' ~ . ! ~ ~ ' ~ i . . ~ PROVIDED, AI.WAYS, that if the Mortgagor adall pay unto the Mortgagee the indebtedAess evidenoed by a~,~ oertain promiaeory notR of ~rhich the tollowring in words and tigurea is a true copy to-wtt: _ ~ . ~e~t~t y ~ '~~e . = 6,925.00 Fo_ rt Pierce, Sentember 7, t9_Z~ FOR VALUE RECEIVED WE. _ iointl and severall pwmi.e co p,y to the order of ~p ana R'H , is w e. ~ the principal wm oI SLX THOUSAND NLNE HUNDRED TW~~'~'Y-FTVE and to6ether with intetest thc~ fwm date at the ate o[ ta~ peccee~t, per annueN unW matwity. both principal and interest bein6 p~yabk in lawful monep uI. the United ~tala at 22~4 Bireayoe B1vd., Miami. Florida, ot at weh othu place as the hotden hen.wt mry dai~ate in wriuna. ' Principal ~nd inte~eit Payabk ie ieuWlmeals a~ tdlorrs: ONE HUNDRED FIFI'Y ($150:00) 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 prep~id in whole w in part attet one ye~t ftom the date he[eof upon payment ot a penalty equivalent ~ to five percent of ihe prineipal sum prepaid. Each inatallmeot paynient shall be crcdited first on the intetest due, and the amaiader on ptincipal; and interr~t ,:hall therr- upon cease upix~ the principal so credited. - The makers and ~ndoners of thu note fu~ther agree to waive dem~nd, notice of non-payment and pwtat. and in thr event wii ~I~all be b~ou~ht for thc colkelan hereoi, o~ the ame has to be coliected upon demand of +n attorney. to pay ressonable atlomey's fer~ for makin` wch edlection. , Deferred parmeets hueunder ~lull bear interest at the ate oi ten percent per annum trom maturitp until paid. 7'his note is ~ecured b~r a mortaa6e ot even d~te here~rith and 'u to be eonatrued ~nd enforced aeeocdin6 to the laws of the ~tate o( Florida; upon deiwlt a~ thepa ymeet of principal andlo~ int~aat r?hen due. the Mrhole w~m of pri~cipd and intee~c~t rrm~inina unpaid ~ha11, at the optian of the holdcn, beco~+ne immediatdy due and pay e. • , L; - I ~ (SEAL) f ~ . • (SEAL) . ~ and shall perform, comply with and abide by each and every the atipulationa, agreements, conditions and covenanta of said promiseory note and of this d~eed, thea this deed and the estate thereby created shsll cease and be null and void. f ~ 1. The Mortgagor hereby oovenants end agrees: 1~11b p,y all ~ad ~nguLr the prindpal and interest and otha sum~ of money p~yable by virtue o[ e~id promisso~y note and t6is deed. or eitber. P'o~Y m the d~ya respeetivdy the eame severally beoomes dve. 1 bl To perwit. cammit o: suHez no +?aete and w maintain tbe im~w~ovements ~t a11 tiari in a~au d good repair aod oooditioo. ~nd w do o~ permit to be done w s~id pa~aes nochi~ thsc ..;li aku or change ehe use aad ~racter ot aaid propercy or m any .ay impair or ~eakrn t6e sx~vity ot cbis morts~ge. And 'm case ot the refuajl. oegleet or inabi6ty of tbe 1Natgag~or W rep~ir and maintain s~ property. the Mortgagee m~y. at his optioq m~loe ' sueh cep~ir~ or quse the aame to be mde. ud adv~noe moneqs in that belrlf. ' ` i i Iel To p~y dl and singuLr the tazes. aases~enta. ievia. liabilities, and obiigatioos ot every nawn oa s~id deseribed property a~eh and every w6m dw ~ ~ P~7~~ ~~6 to I~w. before they beoome dd~uent. ~nd to ddivet to tbs Mortgag~e ~ or befars Mart6 lbtb ot a~th ye~r tu i'eaipt~ ; ~ evideoeing the paymeot of all lawfully impwed tares Eor tbe precediog aiend~r Ye~*: to idemnify the Mo~tga~ss ~ipon his dam~nd far all ta:es. as~ mrnta and d~vges that m~y be aaeea~ed upon tbis mortpga on t6e indebtednes sensed hasbY. and P~id b~' t6e morpgee, rrithout ngard to up Lw 6~wEoie eo~eted or 6Qa+aftu to be eaacced impoin8 WYment ot the w6ole or anY P~ ~4~ ~ M~SiB~- Idl To p~y aU ~ad aingular the casts. clurges aad ~spenxs. including hwyaro' fees and abetracc oo~ rea~on~bty in~vaed ar p~id at a~r time 6ry ths Mortgagse 6ecaux of tLe failure m the p~rt at the MoKgigor w p~[orm, oomply +rith ~nd abide by_ sc~ ~nd every ths stiwlationt. ~eemaaRs. oo~tiaos and aovea~nu of ssid promis~ory nae aad this deed. or athar. and eve~y auc6 p~ymeat shall be~r interest from date at t6s r}te of ten 1309i1 per osnt~un per annum. lel Ic is fist6a eoveaantad ~nd ~g~eed by ~aid p~rtiea that in tbe evak of a suie be~r~g imtiwtcd W forecbee this mort~age, the Mortgagee shaU be entitkd w apply ~t any time peading weh torecloaure suit w the oourt Mviag juri~dictao theneot far tLe ~ppoia~inent ot a reoaver o! all and simauLr tbs ~P8'~ P~'oPR~r. ud of a11 reocs. inoomes. Profit+. iseues and revmues t6Qeof, from whateoevrr souroe derived: and t6e~euipon it is 6~rby e~p~eml7 oov~oted ~nd ~g+eed that t6e Caurt s6d1 torthwith ~ppoint soc6 recriver wit6 the uwd powes and duties of ~eai~ris in l~loe caMS: and aid ap~point- ment sh~U be made by t6e eourt ss ~ mattv ot etriet riaht to the Matga~ee, and witboot refereoos w tbe adsqu~y ar m~deqn~c~ ot the vdw ot th~ pe~ v~7 ~~S~B~• or co e6e solvaocr or insal+~ocy ottbe Ddataagors ae ~ny otha p.rey ddeiodu,c co sireh aric 7Ls M«ts~sa . ; ially w~ves t6s right to object to the appointmmt ot a rea+vs as a~id and 6ereby ezpeeahr aoo~ts tLat au6 appoiotmmt sbaU b~ m~d~ u an admiued eq~rity aud u a matter d absdute rig6t w the Ii[ortgageie ~nd th~t the same may be done witbont ootiea to the b[ortgag~or. ~ Ii~ [f foreelosure prooeediogs ehould be instiwted againet c6s p~operty coversd by t!~ mortgage upon any ot6er lien ar eLim whetlwr ~Ilegsd W b~ ~ wperior a junior to tbe lien of thu mortgage. the atortgagee may at hi~ option immedi~tdy upon inatitutioa of sue6 smt or dwins the peodeoey therao[ ; ~ decln~e chis martg,ige.nd e1?e ~odebcedaess secural he,eby due and payabte tona.ritb.nd m.y a iu opcion p~ooeed w toexbx cLs mat~.se~ ` i ~ ~g?1Lac che Mortgagor will lceep all re.l.nd persocrl pmperty now or h~fcer oon,mbeied by t6e L'ea of tbis mortaage insared u may bs nquieed i~om time w time by the blortg~gee ~gainst ioes by fire. windaturm aod other h~sards. nsu~ities and ooatingeooes fQ sue6 periods a~ tar not lus t6~n such amoanta as m~y be roquired by t6e Mortgagee aod W WY P~Y w6an due a? pnmiums for soch insurance. 7be ~moat~ts of i~r~noe rsquird by tlie Morga~ee shdl be t6e min~um amounts for whid~ aaid imvranoe s6a11 be wrium ~od it ahall be incvmbmt upon tbe Matp~ W m~intain meb additiond iosuraace aa m~y be ~oeaevy W meet and oomply tolt~r with d! ouia~uame requir~mts coot~ined in s~id pdicies W the ead th~t tbe aid Mortgagor ia nw. a oo-ia~umr tkreunder. tosur~na ~6d1 be wrium by ~ oompany ur aompanie~ ~pp:oved ar ~fced by the i[aLga~ee ~od a0 pa{~ aes ~nd renewal+ theeof sh~ll be 6dd by the Mortgagse. AU detailed deai~u~tions by the blortg~g~or whicb aro aooepted by thb Mottga~ee ud all ~Be~ ms~ts betwiea Mortgagor ~nd Mortgagee rdating w i~~oce. aow esiatiag or Me~ita made. s6a11 be ia writa~g aad ahall be a part o[ tbis martp~s ag~eement as fulty as thoug6 xt forts vrtbatim Fkrein and shall gov~n both p~rties 6e~eW and tbeir w~oaessors and ~s. No Wo upm ~n~ of s~id poiiciee of insurancs or ~~on any refund ~ reuun premium which may be payabk on tht caoaH~tioo ar tarmiwtian tLe~eot. s6~ll be ~veo w oth~ tban the Mort8+8~. ~P~ bY ProP~ ~dorsemeut af5ud w auch policy and approved br Mortaaaee. Each po6ey ot i~unme sh~ll h~ve af6s~d ths+Ko ~ Stand~rd New York Matp~x Aaux withoat Cauribution. aukin8 all loss or losses andv suc6 P~Y P~7~bL w ths Mortsaaps as ita interaR myr ap pe~r. In the ewot any sum or ~aaa of money beooene p~yabM t6areunder the Martgagee shaD h~w Lhe optim to roesw and app~y t6t Mms ao apoant of the indebtedneas Aereby xcured. or W permit the Martgagor to reoeive ~od use k. or a~+ Part ~6eraot. w?t6o~t tl~xebY ~~K a~P~*~[ W~9~' ti, lien, or rig6t ~mder and by virtue d thi~ mortgage. In eveat of bss or physial dam~g~ w tbs mortgapd proputy tL~ Mortpjor ~h~ll pv~ lmm~di~ta ~ ` ' E L~O~t ~e ~ ~ PACf z7o~ . - _ ~-~t,a;,:. ' ; ~,-s ~ s'„~ ~ ~ ~ _ _.v_ . _ - ~'`a`'. :._:;w. .