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f'ROVIDHf~, :11.NAYS. that ~f the ~1u~tga~ur ~I~all pa>~ unto lhe ~brt~e`ra the ~ndebted~e~s rv~Jrncrd by a
crtta~n prwn~.sor~ notr ~~f wh~ch the fallov?~ng in wotds and fi~ures ~s a trut copy to-v?~t•
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s 3,450.00 Fort Pierce, F•~„~;~la~_ December 14, ~~~74
Fl)H YAI.I?F. RECF.I~~F:I)_ I promi~• tu ~?a~~
l~~ tl?e onlrr uf BERTHA FALK
thr principAl .um ot THREB THOUSAND FOUR HIJNDRED FIFTY eclc~ [~oT~~~,GpRS, ~ogeth~r with int~•r~•t
~hereu~ fwm date at the rat~ of teo penxnt, pe~ annum u~til maturity, bc?th principal anJ inte~e~+t br.ing payable in.lawfu! u~ou~•~ u(
th~ l~nited ~tatec at 2'.t~N Bi..ia}ne t31~d., \liami, Florid~, ix at such o/her plsce as the holde~ hereof may designate in Nriting.
F'rincipal and intere~t F?ayable in in:lallmentr as follows:
• pNE HUNDRED ($100.00) DOLLARS per month beginning on the 15th
day of February, 1975, and continuing on the 15th day of each
j and every cnonth thereafter until paid in full.
This nute map be prepaid in whoie or in part aiter one year from the date hereo[ upon payment of a penalty equivalent
to ri~l~t prn•.•nt o! thr. princi~?al •um pn•paid. ,
F:ach in:tallment paymrnt Jiall Ix ~redited fi~t oa the intercst due. and the remainder on principal; and intere~t ~hali thrn•-
upun rea.~ u~wn the principal .u cn•d'etrd.
Tlte makera and rndor:en of tl~i~ notr furthrr agree to waive demand, notice of nun-payment and p~otrst, and in the event ~uit
~I~all lM bruught for the ~oll~ction hereo[, or the same has to be collected upon demand of an attorney, to pay reasonable attorney'•
frr~ for maki~~ ~uch cullection.
11~f~rrcd paymentr hercunder ~hall bear interest at the ate of ten percent per annum frum maturity until paid.
7'hi~ .~otr is securcd by a martga~e~ o[ even date herewith .and is to be construed and e~forced according to the (aws of the
~tatP of Flurida; upon defaull in th~ payment o[ principal andlor inte~est when due, the w6ole sum of principal and int~rest
rrmaining unpaid ~hall, at th~ option of the holders, become immediatel due wy,t~~.
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Prepar~d by ~pieler & Tendrich. Altorneya - 22•10 Biscsyne Blyd.. ~lismi, Flarida
ar~d ~hall perf~m, comply with and abide by each and every the stipulations. agreements, conditions and cove-
nants of said promissory nute and of this deed. then this deed and the estate thereby created shall cease and be
null and void.
1. The Mortgagor hereby covenants and agrees: ~
(a) To psy all and c~nsulsr the pr~ecipal and inte~est and other sums of money payable by virtue o( said pram?ssory note and th~s
dred, a eitAer, pomptly on the days respective{y the same severally becanes due. _ '
(b) To permit, camm~t or sutfer no vraste and to ~osmum ~hc improrements at all timea in a state ot sood tepair and condihon, snd to
i do or pensit to be done to said prem~ses aoth~n~ that ~v~ll alter or chanse tht use and th~racter ot said property ot in any ~ray impa~r a F
i ~eaken ~he security of this aart~a~e. And ~n case ot the refusal, neslect or inability of the Mort~a~w to repair ar.d maintain s~id proper- ~
; ty, the Mort~aaee may, at Ais opt~on, mate such repsirs or cause tAe ssme to be aade, and adraace ~eoneYs in that bshall. ;
t (c) To pay all and ~~n~ulu the taaes, assessments, levies, liabilities, and oDli{ations ot erery nature on ssid desctibed poperty each
~ and erery w~hen due and payable accord~e?a to la~r, be(are they become delinQuent, and to deliver to tAe Mott`atee on or be(ae 6larch
lSth of eseh year ux receip~s endenNn6 the payment ot all law~fully ~wposed ta:es for the procedina cslendar year, to mdemndy the i
Mat~a~ee upon his Jemand for all taaes, a.sescments and char~es that may be asatsscd upon this mortsa~e on the indebtedness
cured Aereby, and psid by the ma~taaEee, w~ithout reprd to any la~r heretofae enacted or hereatter to be enacted imposins ~aymcnt o:
the ~hole or any ~art thereot upoo the 111ortsabea ~ ~
(d) To pay all and sinaular the costs, charses and eapenses,includins la~ryers' fees and abstract costs reasonably incurred nr pa~d at
any time by thc Ma16a6ee becau~e o( the (a~lwe on the part of the Mortta~or to perform. tomply r~th sod abide by tacA and every t6e (
scipulst~ons, asteements, condrtions and cov~nants o( s~jd promissoty note and this deed. a e~ther, and every sucA'payment shsll bear ~
~oterest t~ao date a~ the rate of ten l10'6) per ctnwm per annum. '
(e) It ia tunha co~eeaz': ~nd saeed br aaid puties tAat ia tbe ereat o( ~ auit beiss iostituted to faeclose this mortpse. tbe Mat- #
NiK shall be estitkd w~pplr at ~sr ti~e pendin~ socb foreclosure suit to tbe caut b~ria~ j~risdietim thereof fo~ tAe ~ppoiatmeat
ot ~ reteirer a( ~11 and sisWlu t6e ~t~a~cd oropertr: aad of all rcea. iaea~es. ~~q, iasaes and rereeues d~ered. fto~ ~h~tsoe~er
sauce derived: aed tAerenyon it is berebr espreaalY co~eaaeted ~ad ~=reeA t6~t tbe Cawt shall to~ti~it6 ~opri~t iaeh receire~ ~ith
We nswl oo~rera ~ad duties of receiver~ in tike c~ser ~ad s~id ~~oietsent s6at1 be yde by tbe eonrt p~~atter of striet ri~ht to
tAe Mortts~ee, aod ~itbout ~e(ereace to tAe ~deqwey or inadeqwcr at tl~e value ot i6e oropenr bereAr soru,sed, or to the sol~cncy
or iesolrewey of the MorWtars a aar other puty deteudaet to auc6 snit. The MorWaor bereby soecifie~tlr rai~es tbe ri~bt to object ~
to tMe ~~oiatscet ot ~ receirer u a(aesaid ~nd l~etebr espressll~ coeatet~ t6N ioeh a~oiat~est sA~ll be ~sde ~s ~n ~d~itted cauity
~nd as a Mtter o( ~bsolrte ri~6t w We Mort~iee aad t6at tbe saoe ~nr be daoe ~ritboet ~tiee to tAe Mayasor. ~
If foreelosure proeeediap shonW be iestituted ~~inst We prooerty eovered br ebis ~o~tpse ~poa u~r otbe~ liee a claie .rhet6cr . r
~ alle~ed to be snpe~ia~ ar jrnior to t6e lice ot this eortpse. the ilorya~ee my at bis ootio~ i~di~telr ~oon iastitutim ot sncb anit
~ or durias tbe peadcacy tbueof deelue the~ sorts~~e aad tbe indebtedaess sec~red Aueby dae ~sd ~Y~blt tor~hritb ~nd osr ~t ita
ootiaa ~oceed to faeelose tbis sortp~e.
~ (v 1Lat tAe Mort~or ~ill keep all re~l uW personal propcrtr eo~ ac Aaeafter eeo~bered br ~6e lien ot t~is sorya~e iesured ~s say ~
be reqni~ed fro~ ti~e W ti~e bp tbe Mort~a~ee aaauut loss bp fire. ~rindstars aad otAer b~zuds, e~swlties ~od cootia~eacies (or such ~
perioda aad ta aot {eas tbu sueh awoeata u~sy be ~ea~~rea er u~e ~wryasee ~ad to ar proptlr ~Aea dre ~1! pte~iuss fa sucA
insar~nee. Tbe ~~ounts d ia~ansce reqnired bp ~be Yort~~ee riall be tAe ~ieieos ~~ouets tor r\ic6 ~~id iasYrurce ~ball be ~rittea
asd it sball be iacwbeet ~ We ~iort~~~ W Mistaia secA ~dditiaul iiuunnce ai yy be aecessuv to weet aed coaolr frllr +rith
~It eo-iesuru~ce require~eeq conuiaed ia s~id oolicies to the ead Wat tbe s~id Mortp~ar ia not ~ co-ieawar tLereunder.lns~u~nce
aball be w~ritteo bp ~ coyasr or co~qaaies sPprmred ar desiputed br tAe Mort~a~ss ~ed ~11 ooticies ~ad rsser~ls wereof shsll be Acld
bp the Mort~ee. All detailed desi~eatioos by tAs Mort{~~a .hieh ~re ~eccpted br the Mo~tp~ee ~sd ~11 yree~eats bst~eea Mort=a~or
~od Mortsa~ee relatina to isaar~xe. aoi esistias at hueafta eude. ~11 be ie w~ritin~ an~ sMall be ~ wrt of tAis eortp~e }{reewent
u fdbr ~s WoY{A set faW ~erb~ti~ bercia aad s6~11 ~ovem both oarties bereto aad tYeir s~ceeasa~s aad uii~ns. NO IItA Yp011 t0y Of -
salA oolitiss d issuru~ee or ~aa ~ refued a~ remrn ~e~i~ ~Yid ar be ~Ir~ble aa We e~setll~tian or tetsiaation theteof, shdt
be ~i~en to otbe~ tban the Ilatp{ee. eseePt br Otooer endoruwast dfi:tA to sreh oolity aod ~~ro~ed b~r Mattpste. Each oolicy of
itiatrsoee shall bare afG:ed t6eteto a St~ndard New Yatk Mortp~et Cl~we w~it6ost Coauibutia~. Mtin~ ~11 lou or losses uader such
yolicr arable to tbe ?lonp~ee ~s its intere~t ~r ~opeu. ln t6e e~~t ~sp s~ or ~~w o( ~osey Oeeo~e aY~blt thereunder the Nort•
p~ee sA~ll bare tbe ootian to receive aad aoplr tbe sare an aecamt of tbe iod~etedneas Aerebr secared. or ~o peneit the Mixis~Eor
to recei~e aad ~se it. a~sy p~rt tbcreof. ~itaort t6ere0r ~aivis~ or i~airiu~ .er ~~nr. Iiea. or n~At w~der and by vittYt o( th~>
wortp~e. In e~eal of loss or pbrsicd dass~c to tbe ~t~a~ed Orooertr the M{ortsaaat i6a11 ~i~e iwedi~te eotice tAereof by ma~l
the Matp~es and ~he Mlortp~ee war ~sske p~oof of loss it the s~ae ia no~ sade pro~ptlr br tAt llwtassa. In event ot lare~ln.ure o( ,
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