HomeMy WebLinkAbout0117 i'Rll~llll•1? \I N•~1~. ti~.~t ~t ~?~r \t~~r~~;.~E,,t .i;.~il ; a~ unt~~ th~ \lurtN.~gr~ the indrbtcJnr.. r~i~.•n.rd h~ o
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21475.00 Fort' Pierce, F'~~?~?,~a ---December 21,_ 74
' FIIK 1•~Ll'F: REC~:I\'h:l~ WE, jointl~~ and__sev_erally, i?~o,,,;y,,, ~~a~
~i~~~ ~~~i~•~ ~?r ABBAHAM KURLANDER and Anna KURLANDER, his wife.
t6r p~~m•ipal ~~f TWO _THOUSAND_ FOUR HUNDRED_SEVENTY-FIVr: and _}~~j~~~, ~„~,•rr~t
Ihrrr~~n from dat~ at thr rat~• uf trn ~M~r~nt, ~~rr annwn unlil matu~ilp, buth principal and iut~~~c.l IN•inK pa?~aLlr io lawful uiuu••~ ul'
lhr l nitrd ~t.~t~•: at :t2.•41 ki~.•a~n~~ 131~d.. ~lian~i. Flo~ida, u~ al such uUie~ place a; thr holder. I~ereuf may de.ignat~• in writu~~.
Principal a~d inte~e•t payable in in:lallmrn4~ a.~ fuUows:
SIXTY ($60.00) DOLLARS per month, beginning on the lSth day of February,
1975, and continuing on the lSth day of each and every month thereafter
until ~aid in full.
Th~s note ma}• be prepaid ~n vahole or in part after onc yeat [rom the date hereuf upon paymcnt of a penalty equ~~~alcm
t~? ~•i;;ht p~•n ~•;~t ~?f lh~• prin~•ipal ~um prr~wi~l.
F:a~•h ui~tallmcnl pa~•ment ~liall I,r ~•redi1~•d fint on thr interest due, anJ thc remaind~•~ un principal: and intrr~•t ~hall Ih~~~•.
u~~un rravw apun th~• prini•ipat .u ~•r~•dilyd. ~
Tl~r ~uak~~ and rndur.w•n uf U~i~ m~t~• furlh~•r a~n•~• tu waivr drmand. nolia• of nu~e-pa} m~•nt and (?rut~~•t, and in tbi• ~•~~•ul ~~tit
-hell br h~uuKht fu~ thr cull~•~•tion h~r~•uL ur thr .ame has lu be cullr.~-trd upun d~•mand u( an atturncy, tu pay r~•a•unaLlr atlurnr~'.
I~•r. lur makin~~ >u~•h ~•ullrctiun. U
11r(rrrrd,pa~ m~•nl~ h~•mund~•r ~hall hFar int~•n•<t at thr. rat~~ of tcn percNnt p~r annum (rum maturity antil paid.
~fl~i. nutr i~ ~~urrJ 1?y a mc~rlRake uf even datr h~r~wilh and ia to he contitrued and enforced acco~din~ to tl~~ law. ~~f th~
~~tat~• of E~lorida; up~~n d~faull in th~ pa}•m~nt uf prinripa) and/or interest whe~ due, th~ whole sum o! prini•iE?al and int~~~~t
4 n•~nainin~ unpaid ~hall, at ~h~ option uf th~ hulderc, t,ecome immediately due and payable,~
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Pre r~d S ~ ~ Kler K Tendri~h. ~Ito?ne 22 ~ -
p~ ? p y- a0 Biccayne Hlvd., M11umi. F~orida
ar~J shall perform, cumply µith and abid~ h~• each and even• the st~pulauuns, agceements, conditions and cove-
nants of ta~d prum~ssor}• nute and nf this deed, then ttus c3eed and the estate therebp created shall cease and be
null and void.
1. The Mortgagot herebv co.~enants and agrees-
(a) To pay alt and ~~n6ular thc ~umi+pel and int~r~~t .:nd ._+ther sum~ o( mnnry payablc hy v~nue o( sa~d prom~sSprp note and th~s
; deed, or e~thee. promptly un the days rccpect~~cl~ thc .amr ~c~cra:l.: hcc:,mr~ dut_
~ lb) To perm~t, comm~t or suffer no ~a.tc a~d ~o main~ain rht ~mpr.~~rmrnt~ ai all t~mcs ~n a state of good repa~r and condu~on, and to
! do or permu to be done ~o said premises no~h~ng ch~t w~lf altei .~r chanee the u.e and chancter ~~f said property or ~n any ~ay ~mpau or
~ ~~eaken the se~unty o( th~s mungage. 1nd ~n ca~c of ~hr rc(ucaL ~eglect or inabil~ty of the !lfortgagor ~o repau aed ma~nu~n sud proper-
~ ty, the Mortaagee may, at A~s option. make su:h repeic. rn causc :he samr co be made, and advance muneys m that behalf.
~ (c) To paY 3nd ~~o6ular [he te~e>, a~~c,+:nent.. Ie~~es, Lab~l~he~, and obl~gat~ons of every namre on sa~d descn~ed property eacA
and e~ery shen dur ana pryablc acc~~rd~nR to :ew, hr~r•rc thcy becorec delmqu~nt, and ~o del~ver to the Nartga6ee on or ae(ore March
~ ISth ot eaeh year ta~ rcceipt. e~idenc~ng !he ~aymrnr of al: la•~tully impo,ed taxes fur the pr~ced~nR calendar year, to indemn~fy the -
~ \tat~a6ee upon h~s dcmand tcx all ia~e., e..cc.mtnts anJ :hargc. tha~ may be assesscd upon th~s mortEa6e on the ~ndebtcdncss v-
cured hereby, ~nd p~id ny ~-:~xt~tegrr_ a:th,,,,r rrKarJ ~o arty la~ hereto(~x~ enacted ~x hereaher ~o be enacted ~mposmg paymeni o:
~ the whole or an> vrt thcreof upcxi thc \1~~rcRaKcc.
(d) To pay alf and sroaular thc cas~~, chargc. er.a c~pcn~e~, includmg law)'crs' fcr~ and abstrac~ costc reasonably ~ncutted nr paid a~
any t~mr hv thc \tortgaRr~ brcau~r ~rf thr ta:furc on ~kr pa:t uf thr ~1ore~agor to prrform, comp2y ~~th and aA~de by tach and tvery ~he
~t~pulations, agrcement._ cond~hon. and co~~nantti uf >~id priimtas~r}' r.oto and thiti decd, or e~ther, and every such~paymen~ shall t+ear
~ntcrest ftum Jatr at thc rate of ~rn 110`~ ) nrr .~nt~m :+r~ annum.
(e) It ia (ur~hu covena. ~nd •~ted by sa~d p~rhes that ro the event of a suit be~ns instituted to faeclose th~s mortpse, the Mort-
p~ee ah~ll be entitled to apply at sny time pendin~ such (oreclosure su~t to the court Aavins jurudictian thereot for the appo~n~ment
of s receiver ot ~II and ~~nsular the mort6a~ed property, and of all rems, incornes. profits~ iisues ~nd ~erenues thereof, from vhatsoever ~
source deri~ed; aed thereuyon ~t is hereby eipreasly covenanted and •ireed th~t the Court ahall [orth~ith appoint such receiver r~th
~he usual powera and duhes of receivers in like cases: ~nd s~id appointment sAsll be m~de by the eourt aa ~ matter ot strict ri~ht ~o
the 6Aort~s{ee, and r~thout re(crence ~o the ~dequ~cy or inadcQuacy o! the value ot the property hereby mort~a~ed, or to the solrency •
~ or insolveney of the Mortp~ors or any o~her party defendant [o sucA su~t. The Morta~~or hereby spec~tically ~~ives the n~ht to object
lo the •ppo~ntmem of s receiver as sforesaid and hereby e:pressly consents that sucA appo~ntmenl sh~11 be made •s ~n admitted equ~ty ~
~ and as a m~tter ot ~bsolute ri{ht to the Mortt~tee and that Ihe same m~y be done ritAout notice to the Morts~~or.
~ (f) (f faeclosure proceedie~s should be ~nstituted ~~ainst ~he property covered by th~s aartNSe upon any other lien or cla~m whether
= alle~td to be superior or junior to the lien of th~s mort~a~e, the Mor~i~~ee may his optioe immedutely upon matituUOn ot such suit
fl> or durin~ the pendency thereof declare th~s mort~aae •nd the iodebtedn~~s sccured hereby due •nd payable forth~r~th and may at~ts
- option ptxted to faeciose t6is mat~a=e.
7'hat the Martpsor aill keep alt re~l ~nd personal pcoperty nov a hetufter encumbered Ay tht Len of tAis iaortp{e msured as may
~ be required tros~ time to time by the Mortpsee •`~m~t loss by fue, w~nds~am and other Aazards, c~sualUes •nd conhn~enc~es for such
per~ods snd (or not leas th~n such amounts as m~y be requ~rsd by the Mort~~~ee ~nd to pay promp~ly wAen due ~11 premiums for such
~naur~nee. The ~aaunts ot inaur~nce required by the Morta~aee sh~ll be the min~muro amounts for MMcA a~id msur~nce sMll be rntten i
~ and it shall Se ~ncun?bent upon the Mort~a~or to m~intain such addihon~l insurance as may be necessary to meet and comply fully rith
all co-insuranee requirasents contained ~n said pol~cies to the cnd that tAe said Mortpsor ~s no~ a co-insurot thereunder.lnsurance
~ shall be rritten by ~ company or compan~ea approred or des~~n~ted by the Mortp~ee and ~Il pol~ues ~nd rene.~ls thereof shalt be held
~ by the Mortpsee. All de4iled desi~nsuons by the Mor~p~or wh~ch ~re accepted py che h{o~Ip~ee and all asreements bet.een Aiort~~~or
•nd A~tort~s~ee rel~t~ns to insur~nce, nor e:istin~ or hereafter m~de, ah~ll be in rritin~ •nd ah~ll pe a part o( this ieorta~~e s~ree~nent
~ ~s fully ~s thout,h set t«th vtrbaum herem and sAall ~overn both parties hereto and their successors ~nd ass~~ns. No Gen upoe ~ny of
~ add polieies of ~nsurance or upon any refund or rewrn premwm wAich m~y be p~yable on the c~ncell~tion or termination thereof, shaU
~A bt ~iven to other than the Mort~a{ee, eacep~ by proper endorsement •Ifiaed to sucA pol~ey and ~ppoved by Mor~~~~ee. Each pol~cy of
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~ ~naur~nee shall have affued thereto • Sund~rd Ne~v York Mort~s{ee Cl~ust r~thout Contr~buuoo, makin~ all loss or losscs unJer +uch
~ policy pry~ble to the Mor~p{ee as ~ts ~nterest msy ~ppear, In the cveet ~ny sum or sums ot money become p~yablc thereunder the \fon-
~ ~~~et sh~ll hare ~ht ophon to rece~ve and •pply the s~me on accoun~ ot tbe indebtedness hereby secured, or to perm~t the ~1~xtsafm
to teteive snd use ~t, a sny part thcreo(, rithout thereby wuvm~ or impur~n~ any equ~ty, I~cn, or naht under and by vutuc o( th~. ;
mort a e. In evem of loss w siul dama~e to ~hc mort a ed o ert the Mort a or shall ~ve ~mmedutc noticc thercot b m.nl t~~
~i D~Y t` D~ D Y l~ S Y ~
t~%~ ethe Mwt ~ te ~m1 ~he M~r~ a tt may make o.~f of Insc i( ~hr came ic no~ maJt um tl b~ht ~1or~ a a. In evrnt n( fore~ln.urt of
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