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Home My WebLink About1192 F'RO~'IQEO. :1l_NAYti. ~hat ~f ~hr \lortgagot shall p2~~ unto the ~k~rtgagrr thr indebteJ~r~~ ~viJ~nc~d hy a rrr~ain p~~Hni.sr~~ nute v?h~ch the folluv?~ng ~n wa~ds and f~gures ~s a ttut copy to-wit ~d~ 2_,1~0,_00 . Fort Pierce, F'~<~~~~1:~ _ _J.anuar~r __4,--- ~'~7_~ . F'~)It 1' ~Ll'M: HF:I'F:I~'1•:U--- ---I------ - ---------Pron?i~• t~~ ~~a~ ei~r ~~r .---EI~WEIRIZBR4W~I_ and _.CAROLE BROWN his wite • - - - Il~r ~~rinci~~al ~?t _'TWO THOUSAND ONE HLTNDRED FI~TY and-_no/ Id0 _~~~~~.~,,~Kc ~~~Rrll~rr will~ i~~lrrr~t ii~err~m (nm? J~ir at tl~r ratc~ ai teri ~ercctst. jscr anttium until matu~i!) , balh prenci~a! at:c! is:t:~r:r~t !x•is:h pa~ abl~ in !aw[u! n3~~!s~•~ lhr l nilyd ~tatr~ at Bi~ca~nr 131~d.. ~liami. Florida, ur at such other place as 1hr hulders hereof may de..ignate in writinK. {'rin~•ipa) and inlr~r~t payablr in imlallment. a~ [ullow.: . FORTY-FIVE ($45.00) DOLI.EIRS per month beginning on the lSth day of March, 1975, and continuing on the 15th day of each and every month thereafter until paid in full. This note ma~• be prepa~d m~~•hole or in part after one year irom the date hereo[ upon payment of a penalt~~ equi~•alent l~? ~•i;,~hl ~~rr••~•+d nC Ih~• prin~~ipa) ~~un pn•paid. F'ach imtallrn~•~H pay'in~•nt ~h:~ll IN• rr~•dil~•d ~it~l un th~ int~rest due, and thr r~•maind~r on principal: at~d intrr~~t ~hall Iln up~~n ~~~•a~• apun th~• prinripal ~ n•di1~•d. 'I h~• maken and ~•ndonrr~ u( thi, n~~t~• furthrr a~n•~• to waivr. Jemand, nulicr of n~>n-pa}'ni~•nt and pmt~•,l, and in 1h~• ~~~rnl ~i it -hall h~• bruu~;ht fur th~• rull~vti~~n hrn•uf. 1h~~ •amc ha.c to b~ cullected upon d~mand ~~I an atlurney, tu pay ma:•,nable atturn~•~ L•r> f~~r makinR ~u~•h ~~ullr~•tiun. ~ I)~f~rr~d pa~~m~nt- h~~r~under ~hall brar inten•~1 at th~• rate of ten pe~crnt per annam (rom maturity until paid. fhi~ autr i. v~um~ by~ a niort~aRe nen dat~ h~rcwith and is to be conctn~Pd and enfurced accordin~ to the IaMS of th~ ( ~talF of Florida: upon d~fault in thr E?a~•ment of principal andlor interest when due, thr whole sum of prin~ipa) and inl~r~st ? r~•n;,iinin~ unpaid ~hall. al thr opli~m ~~f t6~ hulderc, become im~ iately due and pa~•able. I p~%2.G72-EL 1 Z Z. CZ C~ _ E: 1.) (~E,11.) Prep~r~d Dy ~pKle~ & Tendrich. Altomeys - 2240 Riacayne Bl~d.. Miami, Flaida ~ ar~d ~hall perform, comply 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 deed and the estate thereby created shall cease and be null and void. 1. Th~ Mottgagor fiereby co~enants and agrees: (a) To paY ~nd ~m~ular the o.~~~~w~ and mteres~ and other sums of money payable by v~rwe o( sa~d prom~ssory note and th~s ; deed. or e~tAtr. promptlY ~ the daYs respecNvely the same'sevenllY becomes due. ~ (b) To permit, caamu or suffcr no Waste avd to maintam ~he ~mprovements at all umes ~n a stste of `ood repa~r and condwon, and to i do o~ peneu to be done to said prem~ses noth~n~ that rilt alter or chanse the usc and chuacter of sa~d property or m any ~ay impa~r or ~ vreaten the stcur~ty of this mort6a6e- And ~n case of ~he refusal, ne~lect or mab~lity of tht Mortsa6or to repair ard maints~n said proper- p ty, ~Ae Mortptee enay, at his opt~on, make such repairs or cause the ssme to be made, and advance moneys in ~hat behalf. ~ (c) To paY ~~nsular the tues, assessments, lev~es, liab~l~ties, and oblipt~ons of every namre on sa~d described propertY each and erery ~hen dut snd payable sccord~ns to la~, bef«e ~hey becomc deliaQuent, and to deliver to the Mott~aeee on or befae March ~ 151h o( e~ch ycar qa receipts ev~dencm6 the payment ot all lar•(ully ~mposed ta:es for the preced~ns calendar year, to ~ndemndy the ~ Mortsa~ee upon h~s dem~nd for all ta:es, a.sescments and charses that may be assessed upon this matsaae on the indeAtedneca s~ cured hereby, and paid by ~he mataa6ee. r~thou~ resard to any IaW heretotore enacted a hereatter io be enacted ~mpos~n~ ~ayment o: ~ the whole or any ~art thereo( upon thc A1~rt6a6ee. ~ (dl To pay all and sm~ular the costs, charsts and expenses, mclud~n` lawyers' fees and abstnct costs reasonably incurred or pa~d at any ume by the ~1atEa6ec becauxe of the (a~lure on ~he part of the Mortga~or to pertorm, comply With and ab~de by each and every the s~~{wl.t~ons, a~reements, cond~t~ons and corenants of ss~d promissory note and th~s deed, or eithef, and every sueh~payment shall bear ~nteresl ttom date at the rate of ten I10'4) Der centum per annum. (e) It is fur~ha coreoa.::.3 ~od ~~reed by said p~rties th~t in t6e e~ent of a suit beiss instituted to foreclose this ~ort~~~e. ~he 6Aort- p~te shall be eatitkd to ~pply ~t aey time peadiea sucb forocloaure suit to t6e court 6a~in~ jurisdictioa thereot ta tYe apoointment or .~eee~.~r or .u .~e .~es~~•• ~~as~ aooenr, :nd of alt rents, intoacs. prbfiu. isa~ea asd rerennes thereof. froe ~rh~uoercr sonrce derived; aad tAere~yon it is herebr eapressly coveeaated ~od ~~reed t6at tMe CoYrt s6a11 totth~itb apooiat soe6 receiver ~rith the usual powers aed duties o( ~eceivers in like c~ses: and aaid aopointaent shsll be sade br the coYrt as ~ wtter of striet ri~ht to 1he 11ort~a~ee, and ~itbout reference to the ndeqwcy a inadequacy ot the v~lue of ~he propeny herebr w«e~a~ed. ar to the sol~ency ~ ~ or insolveeelr of t6e Mortia~ors or any otber y~rty defeadant to sucA suit. The Matp~or hereby soecitie~lly w/~ives the ri~6t to object ~ to the •ppoiataeat of ~ receiver ~s aforesaid ~nd l~erebr eapressly conseau th~t sneh ~~oiatseat sb~ll be ~ude •s ~n adwitted eQu~ty ~ ~nd s w~tter ot ~bsolute ri~At w t6e MortN{ee and W~t t6e s~ae s~y be done Mrithout aotice to tAe Morts~~or. ~ _ (f) If (oreclwure proceedinp shouW be instituted ~~~iest tAe property eorered br thi• ~atp{e ~pon anr other lieo or claiie ~rhelher •Ile~ed to be suotriot ot juniot to the lien of this isortp{e. the Mott~s~ee osy at his optim ieMxdi~tely upon institutioa ot such suit or duria~ tbe pendeacy tbercof dccbrc tbis a~ort~~{e ~nd tbe iadebtedne~s secuted hereby due ~ad p~yable fatA~rith ~nd auY ~t its ~ optioo poceed to faeclose tYis oortaase. ~ Th~t the MortW~ot rilt keep all re~l ~nd peraanal property eo~ a hereafter encusbtted by t6e lien ot this ieorts~~e insured ss may be required fro~ ~iwe to tise by t6e Mortta~ee ~inst Iws by fire, wiads~as aad other A~:uds. c~swlties and contia~eaciu for such periods ~nd.for eot less thaa auch amouets u s~r be required by 1he Moreaatee .ad ~o wy pro.p~Ir vhea d~e al1 pea~u~as f« ,uch ~ iaaunace. 'Ihe ~aannta of iesar~sce required br ~6e Mort~uee sesll be t6e ~iai~us ~saoti [or r6icA a~id insYr~~ce sh~ll be ~ritten ~ and it sh~ll be YIC11~tAt Y0011 NK AAOftj~saf t0 Miauin such ~dditional IM11feDtC b My Ilt IICCtBfLfY [O Otlt ~DO COIIIpIy ~YIIy MIIA ~11 co-in~unnce ~eqnirceeata contained in s~id policies to tAe eod tbat the s~id Mo~tp~or is aot ~ cwinsurar therernder.lnaur~nce ahall be vrittea by ~ ca~p~er ar cospwiea ~~ored or desi~a~teA by ~Ae Mortaases ~ad ~11 polieies ~ad reae~~l~ Wereof shall be beld br tbe Yatp~ee. All det~iled desi~n~tions br tbe Mart~~tor rhicb are accepted Sr t6e Mat{a~ee and ~11 ~{reeaents betreen Mort~~~or ~ and Mortauee relstins to in~ur~nce. no~ esiatin~ q hcredta w~de. sA~O be in ~rritias and ib~ll be ~ out of tbis ~atq{c ureeaei?t u fallr ~s tho~h set fath rerb~tiw Aerein ~ad shall torern botb puties hsreto aod tbeir saccessws uW issi{us. No lien u~ aar of said policies ol ieawanee or uPao ~nr refued a rct~m presiw~ ~Aieb s~p be p~r~ble m tAe uaeell~tioa a teroisatia? thereo . shall be {ivea to otber tAan tbe Mottpaet. exeept or proper endorsee~ent atfi:eA to sac6 ooliey ~nd aP~oved br Mortp~ee. Each policy of - iasnanee ~h~ll bave •ffiaed thereto • St~rdud Ne~r Yat Mortp~ee Cl~we ~ritYout Coouibutiaa, akia{ ~11 loss a losses unde~ such ~ oolitr ar~ble to the Mottp~et ~s its iattrest m~r ~~ear. la ~Le e~sat aar sua~ a nw ot souer Secowt oaY~ble thereunder the ~1ort- µ~ee shall A~ve Wt optioa to receive and ~Pplr ths s~se on accant ot t6e iadebtedness Aerebr secured. o~ to pers~it the N~xt~aRnr to ~ecei~e aad we it~ or sny p~rt thereot, ritbout IAereby w~i~ia~ a i~p~irin~ ~ay eauitr. lien. a~ n~ht undet ~nd by v~rtue o( th~. ~ phrsical d~ma~e to the a~ort ~~ed ptoperty Me Mort ~ar sb~ll ~i~e ~medute nouce thercof by ma~l t.~ wort a~e. In event of lois ar t N the Matj~~ee and the Ma~~s~ee msy rnakc p«wf of loss ~f the .~me ~a not made pranptly br ~ht lMort~~~or. (n even~ rd ture~ln.ure of ~ ~ ' a ~ 235 Pa~1~91 - 60nK ~ r - ~ - . . _ . . ~ - . -