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Home My WebLink About1189 . . . PROYIDF.f). .1LIAAYS. ~ha~ if tht \1ur~gagor shail pay unlo the \k~rtga~te the ~oJebtednr~s ~viJ~nc~d A~ a ctrtain p~wn~~~rr~ nute ~~f Mh~ch thc fuUuw~ng in w~.tJs and fi~urcs ~s a uuC copy to-N~t ry~ ~ 'Z4?~R~G ` . 3_s~.~ • ~Q - - - _ . ~4~~~rc__e I'lorid.~ . D~c~nher- -14+- 74 WE jointl~ and_ sev__erally_i__ ~,~o~~~~.~ i~, •a~ F'~~N ~':~Ll'E NF:t:E:11~F11---- _ I _ ~~,,~,,.~~~,.~„r _MARTIN WEINGEL_and RUTH WEINGEL,_his _wife.~~ _Tr t~es _ _ O lu th~~ N~ith inlrn•~l Ih~ princi~ial ,u~n ~~r _THREE_ THOUSAND _NINE HUNDItED SEVEN_TY_-FIVE___~ ~ _ ~P _ , ~ I thrreun (ru~u cat~ at thr ~atr of trn pcrccnt, per annum unlii maturity, t~c?ih pn~eipa! anc! i:itrn-si h~-in~ pa}•ablr ice (aw[s) enu:+~•~ ~?1 c thr l`nitrd `tatrs at '?'~•t~1 ftiu•a~n.' Rhd.• ~liami, Florida, ur at such othe~ place a.~ th~• hulden hereo( may de•i~nate in M~itin~. P~inri~?al and inlrrc.t payablr in imtallmrnt• a.~ fulloNS: ONE HUNDRED ($100.00) DOLLARS per month beginning on the lSth day of February, 1975, and co~tinuing on the lSth day of each and every~month ~ thereafter until paid in full. This ~otema~~ be prepaid in ~~hole or i~ part afttr one ytat from the date hereof upon paymenl ~f a penalty equi.•alent tu ~~i„hl p~•rr~•nt ~~f th~• ~~rin~•ipal ~wn pr~•~uiid. F:a~•h imlallm~•nt pa}•rn~vU ~hrll b~• ~~n~dit~•d (ir~l un the interest due, and the remaind~•r un principal: and intrrr~t ~hap tl?rn•~ upun ~•~a~• upun thr prin~•ipal ~•re•ditrd. . ~ T6~• n~ak~r. ~nd rndur•.•n ~~1 tl~i~ nutr (urlh~~r ~~rrc lo waivr drmand. nolic~• of nun-tla} rn~•nt and prot~•~t. and in Ih~• Pvrnt a~it ; .haU br brun~ht (ur ~{IP 1'OIII'fINlh h~•n•~?f. ur th~• ~am~ ha~ to be cullected upon demand u( an atturney, to pay n•a~nable alturn~v~~ G•r- lur makin~ ~u~ h ~•ullr~tion. I1~•f~r~~d pacm~nt~ hcr~andrr .hall b~ar int~n•~t at the nte of tcn petcent p~r annum frum maturit~• until paid. ~ I 1'hi; notr i~ ~cun~d 1~y a mortgaR~ u( r~~en dat~ h~r~with and is to he eon.ctrued and Pnfun•ed accordinq to the law~ of 1hr ~latr of F'landa: u~n d~(ault in the pa~me~nt u( principal andlor iMerest when due, the whole s~m of prm~ipal and IIIIPfP~~ ~ n•n?ainin~ unpaid ~hall, at thr optiun uF th~ hnlden, become immediately due and payable. I S f ~r _~._~.,r-r--- (~F>.,~., ~ ~ . ~G~i~~z<~-1s'~ -----~~F:~~i.~ Yr~p~r~d by ~pKler (i Tendrich. Att~meys - 2240 Riaeayne Blvd., Miami, F da arKl ahall perform, comply with and abide by each and evety the stipulations, agreements. conditions a~d cove- nants of said ptomissory note and of this deed, then this deed and the estate thereby cteated shall cease and be null and void. 1. The Mortgagor hereby covenants and agrees: i (a) To pay a11 and s~nsulsr the a~~~~w~ and mterest and other sums of money paYable by virwe of sa~d pramssory note and this ! deed, or erther, prompNy on the d~ys cespecuvely the same severolly becomes due. ~ (b) To perm~t, caomu or suffer no ~raste and to mamtam the ~mprovcir.ents at sll umes ~n a s~ate of `ood repair snd cond~uon, and to . j do a permlt to be done to said prem~ses noth~n~ that w~ll alter or cAanje ~e use and ch~racter of said property or m any ~ray ~mpa~r or E reaten the secunty of th~s mott~a~e. And in case of the re(usal, ne~lect or ~nab~lity o( the Mort~a6or to repair ar.d ma~nta~n s~id proper- ~ E ~ ~y, the Mot~ptee may. at his opt~on, mate such repa~rs or cause the same to be made, and adraace moneys in that behalt. (c) To paY ~~n~ular the taaes, assessments, lev~es. I~abilities, and oblitations ot every nature on said descnbed property each # ~ a~d e~ery rhen dut and payable accord~na to Is~r, be(ore they become dcliaQuent, and to deliver to the Mort~a~ee on or befae March lSth of tat6 year ua receipts ev~dencm6 the.paymrnt of all lawtully ~mposed taies for the pretedin6 cslendat year, to mdemndy the ' Mat~~~ee upon his dem~nd (or all uaes, a.ses~mentx and cAaraes thst may be assessed upon this mortaa~e on the indebtedness ~ ' cured 6ereby, and pa~d by the ma16a6te, .~thou~ resard to sny la~ heretofore enacted or hereatter~o be enacted impos~n~ ~ayment o: ~ the .hole or any ~art thereot upon the ,11~r~6a6ee. (d) To pay all and smaular the costs, charses and exprnses, mcludin6 larYers' fees and abstrset tosts reasonably ~ncurted r+r pa~d at ' any time by the MatEa6et because uf the (a~lure on the part o( the Morl6asor'to per(orm, comply w~th and sb~de by esch and every the ~ st~pulations, asreements, cond~hons and covenants o( sa~d pranissory note and th~s deed, or e~iher, snd every such'payment shall bear ~ ~nterest frwn ds~e at the rate ot ten l10'4) Det centum per annum. i le) It ia ftrlAu eoree~:':= aad ~=reed br a~id Partiea t6~t in the erent ot a suit btio~ iastituted to foreclose ~his a~ortsase. 1he Mo~t- ! ptee sball be eatitkd to ~Pply ~t ~nr tiee pendias sucb faeclosure snit to tl~e court ba~in~ j~risdietioo Ihereof tor the ~ppoieiment ~ ot . cece~.er ot and s~nsn~u d~e m«~s,tee propenr. ~nd of ~11 reats. incases. p~dia, isaues asd rereaaes thereot. froa~ .Aatsoever sauce derived: and thereeyoo it i~ hereby espreaalr eoveaaated ~od ~sreeA t6at tbe Caut shaU (ath~itA ~opoiat sucA recei~et ~ith , ~ tbe nawl oowers sod dutiw o( receivers in like c~ses; and s~id sypoiatoeet sAalt be oade by the cart as ~ sutter ot strict risht to ~ ~ the Yort~a~ee. wd ~itboat retcreace to the adeqwcr a inadequaey of the v~lY! ot tA~ propeny berebr sort~s~ed. a to the solvency ~ er ieso~~q~ey ot the Ir{ortas~ors a~nr o~Aa yartr defeedant to aYCh suit. The Mort{a{a hereby apeci(itally +r~ires Wc ti~ht to object to the ~ppoiatweat of ~ receiver as aforesaid snd heteby espteulr tm~eeta t6~t sYC6 ~yooiat~ent sh~ll be ade ~s ~n ~doitted eQulty t ~ ~nd as ~~tte~ of ~bsolute ri~At W the Mortpsee and tA~t the iase wr be doae rithont notiee to tbe Morti~sor. ~ ~ (t) It toreclosure p~oceedin{s shoutd be instituted ~~inst tAc ptoOertr eovered by tbis ~ortq{e ~pon anr other lien or claim ~hetAcr ~ x~ alle~cd to be supetior as jueior to the liee d tbis ~ort~a~e. ~he Mottas~te o~r •t his ootim i~ssdiately uooa institution o( sucA suit ~ a duria~ the peMeacY tbereof decl~re tbis sortsa~e ~nd the iadebtedoess aecured Saebr due ~ad p~Y~sle fathrith and waY ~t its ~ optioo pcoceed to totecloie t6is so~ts~ie. r.~ (v Th~t tbe Mort~o~ .vill teep ~Q re~l u~d persond prooertr awr a 6erutte~ encu~bered by t6e lien o( t6is ~ae~~se insured w~Y ~ be required tro~ ti~e to 1i~e ~7r tbc AAor4a~ee ~pinst loss by fire. riadstorw and otAer Aasuds, caswlties ~ad contin~encies for such per~ods and !or aot tesi Waa auch aaouats u~ar be requircd by the Mat~a{ee ~ad to p~r pro~ptlr ~hea due ~II premures fa such uuuru~ce. TAe a~oun~a ot is~anace reqnired by ~Ye Mocti~see as~tl be ~he si~iws a~ounts (or ~bicA aaid ias~raace sh~ll be w~rittee : and it sAall be iacu~best ~oa the Mort~a~or to ~aiataia sncb ~ddition~l ~o,~.oce .s wr ee ne~ess.~r ~o.ee~ .~a ~o~.p~r t~~ir +~~w ~II co-iasunnce rtqYire~eats cau~ieed ia s~id policies to the eod tbat the said Narts~~ar is no~ ~ co-insurot tbert~nder.lnsur~nce } ~ aAall be rrittse br ~ co~asr ar ca~P~oies syproved or des~~eated br the Mort~~~ee aad ~11 Policies aed nae~ds tNereof shall be Yeld ~ bp tYe 11a[µ~ee. All deuilcd desi~eatiaos by tAe Mort~~~or rhicA ue aeceoted br the Mott~a{ee aad ~11 a~tee~eets set~ecn Morts~~ot ~ad Mort~a{ee rel~tina to iasar~ace, ao+ esistin~ or hereatter wade, s6~11 be in ~ritias and sA~ll se ~ Patt of tAis ~atp{e s~reewcet ~ u fnllr ~a ~6ou~4 set tatM ~erbsti~ Aercio aod s6a11 ~orera bot6 oarties hertto asd t6eir anccessors ~ad usips. No lien upon ~ar of a~W polieies o! iaaurance or aoos asf re(md a~ teturn Ott~i~ ~rhidl s~lr be p~r~ble oe We esatell~tian at tet~in~tion thettot~ shall ~ be ~iren to other rAan the NorWSee. eaeeot by pooer tado~sea~ent ~ffiaed to sue6 ooliey snd s~ro~ed br Ma~t~a~ee. E~ch policy ot iaa~raaee sbsll Iwre ~tfaed tbtteto ~ Sqndud Nen Yo~k lifortp{ee Cl~we ritAo~t Coeuibution. Nkia~ ~tl loss or losses under such ; oolicr alrable to tAe Ma~tp~ee ss iu iate~est s~n ~~eu. la tAe e~sat pr a~m or aws o( ~ontr bee-~we Nr~blc the~cundcr tAe Nort- ~a~ee shall Aave tbe oPtioo to recei~e and aoplr tbe s~~e au ~eeorat of t6e ind~etedneas herebr secursd. a to pensit tAe 1Mxt~aEor 1 ~ to recei~e ~ad Yse it. a~ay Osrt d~ereof. ~itAoat thereby ~~iria~ a iipairin~ aar eq~itr. lieo. a n~ht undet and by vutue ot ~h~. ~ wort~a~e. !n e~ent of loas a phrsic~l d~ma~e to the a~or~a~ed ~opertr we Mbrtp~a~ sAall ~ivt uwed~~te notice lhercof by ms~l t~~ E 1he Mwl{~~ee and the Mor~~afee saY ~ke proof of loss if ihe s~~e ~t not nude pwnplly by the alort~~~a. ln event nf fae~ln.ure ot i ; ~ ~ ~ ~us~ _ . ~ ~ - . ~ ' - - ~ ~ _ _ _ . _