HomeMy WebLinkAbout0641 i
, ~
PROVIOE(1. ALMAYS, that ii the ~brt`a~or shall pay unto the ~brtaa~ee the indebtedness ev~Jenctd hy a ~
ce~tsin p~om~sxorY note o~ w'h~ch the follov?in~ in wocds a~d (i~ures is a true copy taw~t: ;
s 2, 250.00 Fort Pierce, MM~~da Novemb~~~.,
F~~K ~•E KF~F~vF~~ WE, jointly and severally, pwmise ~u pa~•
t~~ the «drr o(- BERNARD P. SHEINGOLD and FRANCES SHEING LD his w f
thr principal r~um of 1~ TH~USAND 1W0 HUNDRED FIFTY eRd RO 1 ~~I,LARy, together witl~ inte~e•t
thercw~ from date at the nt~ of ten perccnt, per annum until maturity. buth ptincipal and interesl bei~g payabie in lawful monr~~ u(
th~ llnited ~tatrs st '..~'•3a-! B~ca~M' Bhd•• ~1iam~• F~°nd~• °r wch olhe~ place as 1he holderx hereof may designale in writing.
PRRCIpsI and inte~t payabk ~n ia.~talimenta as fdlorra:
SIXTY ($60.00) DOLLARS•per month be~inning on the 15th day of .
January, 1975, and continuing on_the 15th.day of each and _
every month thereafter until~paid in full.
. ~
Th~s notc ma~ be ptepaid m whole or in part a(ter one yeac irom thc date hereof upon payment of a penalty equivale~t
t~~ ri~l~t prrr~•nt uf lh~ prn~cipal ~um prr~?aid. •
Each imtallm~nt payment J?all be credited fi~t on the interest due, snd the remainder nn principal; and inlerest sl?all thcn~-
upon cerr upun tFK {?rincipal rrrdited.
Thr mak~n and rndo~n o( thu not~ (urthe~ ag~e to waive demand. notice o( noa-payment and pro?est, and in the event wit
_~„~1 br bnH?ght for th~ cdleciiun herec~f. or the same fias to be cdlectcd upon demand o[ an attorney, to pay reasonab~e attomey'+
fr~-• f~x makiog wch ~dlection.
()~t~rrrd payment~ herrundrr ~hall bear int~tr•t at the nte o[ ten petcent per annum from maturity until paid.
j This note i~ securrd bY a mort~~ c~f ~++en date herewilh and is to be consqved and enforced according to the laws o[ the
~tat~ o( Florida: upon deiwll in thr ps~ ment of prineipal andlor inte[est w6en due, the whole sum of principal and intetest
~ rrmainin~ unpaid shall. at the option of the holders, become ~mmediate y due and payable.
~'t-- ~ ' ~~G-? (S~AL)
s .
~ ~iz-~~?~--, _ (sF.~W
Pr~p+Kd by ~pxkr 8 Tendnch. ~luorneys - 22ao Bixarne 81.d.. Nian+i.
arNi shall pert~xm. c~?ply w~th and abide by each and every the stipulations. agreements. conditions and cove-
nants of said promissory note and of this deed, then this decd and the estate ihereby created shall cease and be
null and void. ~
1. Tbe Moctsatoc hereby covenants and aarees;. !
, .ro ~y awd ~~n~~~u We pnn~~pa1 snd ~ntcrest and other sums o( oonty WYSble by virtue ot said prom~ssory note and this '
decd. or e~tber. pro~ptlr oa the days resoec~irelY the ssme severally becones due. .
f lb) To per~it, co~it a sd(er eo .aste a~+d to samtsm tAe ~a~prorements at aU hsea in a state ot ~ood repair snd cond~tion. and to
~ do a pcr~t to be doee w ss~d p~em~ses ~Ain~ that ~r~ll siter or cAanse the use aad chuacter ot said p(operty or in aey waY impair a
t e_ And in case oi t6e retusal, ee~lect or inab~ljty of the Mort~stor to tepair ar.d maints~n s~id proper-
~estea the secwity o( tbis sortRi ;
~ tp, tke Yortp~ee ma7. at•his opum. mate socb repaus or cause the ssme to bt made, aad advance aoneys in that behalt. ,
i
(d To par ~~~~u w~ u'~s, assessvente, ler~es, liab~l~ties, and abliN~ions of every nawte on sa~d deseribed pcoperty each ~
and eren sAee due and paYable accad~n~ to lar, before ~beY become de~~°qY~pt, and to deliver to the Mortaa6ee on ot betore Mlateh ~
IS~S ~ eae6 peu taa receipts evidcuc~as the psYmeat of sll la~fullr ~sposed taaes for the p?ecedins caleadat year to ~~demn~fy the
~tortp~ee ~poe h~s deaaed (or all tsies, a.sesaments and char~cs tAat aay be assessed upon this mott~s~t on the indeptedness
cered hereby, awd pa~d by the mortsst«. r~w~t re~ard to anr la~ I~eretofae en~cted a hereafter to be enacted impos~ns ~ayment of
e
tbe ~bole o~ aeY ~art t6ereo[ ~pon the Illa~taasee. t
}
To ~r s~~t°~u ibe costs, chsr~es and expcnses~ includ~n~ la~yets' (ees and abstract costs reasonably incurred ex pa~d at - ~
sny ude by ~t Natpsee bec:use o( the ta~lure oo ~he part ot the Mo~t~a~or to pertorm. coaply +nth and sb~de by each and every the t
st~pu{atioas, atreesents, cad~uons and coreeanu ot said promisaory note and tl~~s deed, a titAer, and every such~payment shall bear
~au~est tcam date at che rsu d tea t 10°L) ver centw per anm~ai. •
}
le1 It is f~r~er cweaaatd ~M asrnd 6f uid iuties Hiat i~ tie ereot ot ~ snit bei~ instituted to toreclose ~bis ~wtt{aLe. the Mo~t- ~
p~ee tlall be estitld a~plr st aor ti~e pe~dis~ a~cY taeclosnre snit W tbe eourt 6s~isi jnrisdietim tbereot fa the ~pooiat~eot ~
ot ~ raei~a et all ar si~plar d~e ~tiaid OroPM7• ~~~li resb, iica~es. oc~ts, isanea ~sd rerea~ea thereot. hoa ~hauoever
so~~e detivN: r/ d~ue~p~ it is ~creslr es~ea~h ~~~t~ a~ ~t tie Co~rt sYall ta~thwlt6 aOpoiat srch receirer .irh
tYe ~wal p~ers aN ~tia ot rcceirers iu like casei: ud s~id ~opoiet~est shall be yde br t4e coYrt u~~uttar of striet ri~6t to
tLe yo~t~ee. aM ~i~t refere~ce to tMe ~deqae7 or inadeqwcr d tMe ..1•e ot 1he oropenr ~rcbr .or~sased. or to t6e solveoey
ar iaol~cY o( ~ie Yo~gasars or say oder pstty defe~dast to s~cA srit. Tha Morti~tot i~ereby spacifietlly ~~i~es the ri~bt to oeject
w tie qroist~nt d~ tecei~a as atoresaid uA Yereby eapressh ~~e1i ~t sreY ~~oi0t~eet s6atl be s~de ss ae ~dwitud eau~ty
s~d u a wttu of sbsol~te ri~Yl W fYe Mortpiee ~M tWt t~e s~e r7 be ~ose ~ittioet aoliec to tbe Mort{s{o~.
(f) N[areNosrre ~roeee~iys s~orla be isstiatd ~taiist tie Pro~ttTwraed bp tAis ~onpae ~po~ ~er other liea or clais rhetber
slk~d to Oe srYerio~ ar j+ier lo tre lin d t~is ~orWts. tMe Mat~atK ~Y ~t his oPtia~ iMe~iatetr uooa iastitution ot sucA srit _ ~
~ ar i~ri~ tYe ~c~e~cr ~Yereo! dcclare tiis ~ortpae uA ~Ae iadebtedeeas aaured haebr dae aod o•rabk for~hwich and .ur ita
~ ootiw OroceN w toreclo~e tiis ~ortiasa
(v '[Y~t tre Martsatar ~ill ket~ all ~eal awd persa~al orooerty ~ ar 6eteattet esc~sf?eted br tbe liea ot tAis ~tq~e ir?sured as s~y
be req~e/ fra~ ti~e to ti~e b~~iNiK W~t ~ h rue. ~i~dstarw aed other Aaurds. c~swlties aad tontia~encies (or such
oaiods aed tar wt leas ~Yu sacM ~is u be reqaued bT ere MorW~tae .ad ~o o.r v~~Wlr ~~a d~e a11 p•ewiwu (or iYCh
ies~nece. 7k a~owts d i~s~n~ee reqnad ?7? d~e Moni~s~i si~ll be tYs imiw ~~oYSts ta ~bics s~id iaaur~aee shall se vriuee
u0 ii sYsll ~e i~c~be~t po~ tYe Iiort~~tac to ~+i~tai~ s~cY adiitiaul i~nnsce u~ar be aeees~ulr to ~eet aad cosply f~llr ~ith
dl co-i~s~ra~ce rcMiressa co~~aie~ a s~i1 plicies to tk e~d tYst He aaid Mortaata is not ~ co-iss~war tUercander.UlfYf~RCt
slall rc ~iue b~ cw~7 ~ caOM~cs ~Mro~d or desiWtd by tAe Mortp~es sad ~11 polieies ~nd nae~~ts t4ereot sAall be Meld
~ b~ d~e Morti+Ke. Alt aetailca /esiWtiw h~ M~f~i~ •Yid ~re acceoted b die Matptee asd ~11 a{ree~eets bet~sen MortNta
1/ertp~se rel~~iss ~o i~srruce. wi eaisti~ or ~usaRa ade. aMsll be iu writias asd aA~ll be of this oortN~e a~reewent
~et
as t~tl~ u d~pr~D set (arU~ ~e~ti~ Yueis ss~ sYall ~ovcrn bWY PWtiss hereb ~sd Weir srecessora aed u~isas. No I;en ~oon aer or
a~y p~i~ies of ias~ra~cs or qe~ as7 ref~d or roan /re~i~ +~Yid ry ee P~r~ele oa the c~acell~tiow or ter~is~tioo ebereof. sA~ll
~e prq te over ~ Ve Yorqasee. esteOt b]I otooet e~dorse~at ~tfiaed to sne6 polity and ~pOtovtA by MatWtee. EacA policy of
;.wr.~ce .w~~ 1,..e atfi~ ~eaa a Su.aar~ Ne. Yort M«~s.Ke Clarse .~wa.c Co.uibYUaa. Mtie{ all loss ar losses uader sucA
~o1Ky Mrib1e w t~c iloctp~ee as its i~~erest ~y aps~r• b ve erest aq s~w a su~s o( ~oser becowe MT~ble tAtreunder tAe Nort-
~ee s~all iare tre o~ie~ te recei•e sn~ ~p17 tis se~e ae ~cea+t d tMs iadsbtedaess kereby secured. or to peaeit tbe Nwi~~E~x
te recei~e a~/ ~se it, at osrt ~ercof. ~itwoat d~dr ~~i~i~ at iytiria~ ,nr ew~~r. lies. at risht w~dtr aad by v~ttuc o( th~.
~t~a~e. M evat d Iws or ~Yriical da~ate to tYe sortNted /rooerqr tbe MortN~a sMaU ~irt i~edi~te notice theteo( by mail to
t~e Mortq~ee aod tAe Yo~ttaKc My wake oroo~ of loss if tAe sue is no~ oade prosptly by tbe !~{ats~tor. In event nt ta~e~lo.we of
Q ~ ~,~~w l~ P.
' , - ~ ~ ~ s4i ~ A ~ . - ~
- BQCK~--- ~
. ~ ,
. , :,i4v.°':
^ ' . .
~ 4~.~.r" 3r _
~~'~'~.n .~:~a...._. ra~~~'~is.J.'-;_ ,a