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' ; HR(1~'ID1~(1. :11_NAYS. ~hat ~f thr \turtgagur .hall pa~ unt~~ thc \k~rtgag~~ thr indebtedn~~~ ~viJ~n~rd h~ a crrta~n pruroi.+vr~ nute Nh~ch th~ folluuing in NurJs anJ f~gures is a trut c~~py to-w~t ? . , - , ' ~4~tt~LgG ` i ~}~~S.Q~ FOY't Pierce, hlori~l:~ _ January 4~ IV75 v Ft?N~ \Ll'F:iiF.1:1:I~Fl~_. _ WE, jointly_and__severatly, ~~~~~~~~-~•~~~i~~• c~~~• ~~d~•r _ DORIS B • - SITIMONS / 1 n~ ; r - - - - - - . ~,~;,,,;F„~ TWO _THOUSANn ONE HUNDRED SEVENTY-FIVE_ an ,1,~:~~ (~)urlll~'f NI~II It~1~'f~"I . ; ~hrn•~m Irum dat~• at tl~~~ r:+l~• uf t~•i~ p~r~•~•nl. p~•r :,nnuin until maturih•, bolh prin~•ipal aud iul~•n•:1 h~ iuR pa~abl~ in la~.ful m~~n~•~ ~~I ~ thr l'nit~•d `t~l~•~ at :.'~'L~ Iti•~a~nr lih~l.. \lia~ui, f~loriJa, ur at ~uch uther placc a~ tln. }~,~I~Irr~ hereuf ma~' dr~i~n:~te in'..ritim_. ~ Prin~•ipal and inl~r<•<t p~~ ablr in imtallm~•nt~ a~ f~~lluw.: ~ s SIXTY ($60.00) DOLI.ARS per month beginning on the ISth day of ~ rlarch, 1975, and continuing on the lSth day af each and every month thereafter t~ntil paid in full. Th~s n~nc ma~ be prera~d in ~~Lule ~~r in part after one year ftom the date hcrei~l upc?n ~+ayment of a penalty equi.•alent f t~~ ~•i~6t ~~,•r ,•i•t ~~I Ih~• ~~rim i~i:~l -~im ~~rr~~ai~L 4 F:a~ h imtallni~~nl paymr~t. -1ia1) b~• ~ rrdil~•~1 tinl ~~n the intcrosl due, and thr rrniaiud~•~ ~~n ~~rin~•i~?al: and iulrr~~t ~I~all th~•r~• { I u~~~~n ~va~~• upun lli~• p~in~ ipal ~u ~•n•~iil~~d. I li~• mak~~r~ and ~•nJu~,rr> uf ll~i- nut~~ (urthrr a~~n•~~ t~~ wa~v~• ~1~•mand, nutic~ u) nun ~,a~+n~•nt and prut~••t, rud in tlu• r~~rnl ~uil :1 _ i • -liall b~• bruu~ht (ur Uir ~ ullrcU~~n h~~rrc~~. ur ll~~• •:un~• i~as iu t~e cull~cted upun dema?~~i ~~i an :~iiurn~•}•. ~:r~ n•.+«,iiau~. I~~~•- I~~r makink• w~•1~ ~•uU~•~•tiun r~ I~~•(~rn•d pa~ n?~•nL- h~•~run d~•r < 6a l l h~•ar intrn••t a t t h~• ra tr o f ten p~r~rn t p ~ r a u~, u u~ f r um ~uah~nh' antil ~?aid. fhi~ m~Ir i~ ~crurrd b~~ a murtgaKc ~~en datr h~r~with and iv to bf POO~~r11P11 .Yp(I CII~UtC~(I dfCO~lllll~ IQ tl~~ lav+v i?f lh~ ~1a1~ Fluri~la: upon dPfault in Ihr pacmenl ~?f principal an~Uor inter~sl wh~o du~•, thr whul~ ~um uf prin~•ipal ~d int~rr,t , n•~~~:uninR onp.ud <h:~ll. al Ihr option ~~f th~ hold~n, l~r~om~ immediately du an~ payabl~. i S ~ .l-'~ !1 ,.1_C _f ~ ~ -u- f ' r' { ~ I , , .-in-~u~ --~~f~~~., l Prep+rrd b~ ~pKler ~E Ttndri~h. Atttuntys - 2'~3I1 Hi.ccayne lilvd., ~liami. I ida I ~ ' t # ~ ~ ~r~d ~hall perform, cumply N~th and abide b~• each and every the stiputations, agreements, conditions and cove- ~ nants of said promissory nute and of this deed, then this deed and lhe estate thereby cceated shall cease and be f i null and void. 1. The Mortgagor hereby covenants a~d agrees: (a) To paY a~~ a~d ~~ngular tht ~~~~~Da~ and mtetest and uther sums of money payible by v~rwe o( sa~d prom~ssory note and th~s , decd, or e~thet, promp~~Y on ~l~e daYs respec~~~elY ~he same se~erallY becomes due. i (b) To perm~t, cannu or wfter no ~vas~c a~d to ma~ma~n thc ~mprovcments at all hmes m a sUte ot good repa~t and cond~uon, snd to r do or ptrmit lo be done w sa~d prem~ses noth~ng that w~ll alter or chanse the use and ch~~acter of said propertY or m any way ~mpau or i r•eaken the secuntY of tMs mort6a6e. And ~n case o( the re(usal, ne`lect or ~nab~lLty of the Mortasgor to repau aed mam?a~n sud proper- ty, ~he Mat6aRee maY• a~ his op~~oo. mate such repaars or cauct the samt to be made, and advance moneys ~n that behalt. (c) To psy all and s~n6ular the Uaes, assessments, le~~es, liab~hhes, and oD6gahons of every naWre on sa~d descnbed property cach and every uhen due and paY~ble accord~n6 to la+, befote they become delioquent, and to del~rer to the Mortgaset on or be(ore March ~ lSth of eath year ua receipt. ev~denc~n6 the paymem of all la~(ully ~mposed taaes (or ~he preced~n6 calendar year; to ~ndemn~fy ~he # ~p ~ ~~6~6et upon his demand fa all ~axes, a.sessmentc and charges that may be assessed upoo th~s mort6a6e on the ~ndebtcdness ~ cured htitby, and (w~d by ~he matEaEte, wuhout rc6ard to any lao herctc+fore eoacted ot herea(ter to be enacted ~mpos~n6 nayment o: ~ the rhole or any ~art thereof upon the Ator~Ea6ee. (dl To pay all and s~n6ular the coctc. charse~ and expence~, includin6 ~awYers' fee~ and ~bstract costs reasonably ~ncurred nr pa~d at ~ any ume M1y ~hc \tatga6ee becau~e of ~he (a~lure on ~he part of the Stortga6or to pcrform, com~lY w~tA and ab~dc by each and tve~y tAe ~ sUpulaUOns, agreements, cond~uons a~d co~•enants o( said prom~ssory note and th~s deed, ot e~ther, and evety sucKpayment shall bear ~ ~ntcrest (rom date at the rate o( ten l10°~) ver centum per annum. (e) It is t~rthu coveea.~':: ~nd a~reed by srid p~rues that in the event of a suit Deias instituted to fareclose this ma~t~a~e, the Mat- .~..~ti (.,.•rln~.ure suit to the court bavin~ jariadiction thereo( far the ~ppo~atment iN~to awiii v2 c'w:::«.'v . ~i:p%i a~j .s ~ ot ~ rectiver ot ~11 and rin~ular the mort~a~edrproperty, and of ~11 rents, iacanes. profits, issues ~ad rerenues thereof, from rhatsoever ~ swrce derived; aad thereupon it is hereby esprea~lr corcnanteA ~od a{reed t6~t We Caut sh~~~ (orW~nW ~VOo~°~ ~uc6 receiver +r~th U~e wu~l po~rers and duties of receiver~ in like cases; and s~id appoiotment sAsll be ade by the eourt as a matter of stric~ ri~ht to the 61or~~asee, and without re(erence to the adeqwcY or in~dequ~cy ot the v~lue of We propenY herebr ~ep~ed. ot to tAe solvency ~ or insolvency o! the ?lortiatars or •ny oWer y~rty dettndant to such suit. The Mott~~~ot hereby aPecific~lly ~aives the ri~ht to object to the appoiotment of a receiver aa atoressid ~nd hereby eapressly consents tAat suth ~ppointa~ent sA~ll bt ~ade ~s sn admitted equ~ty and ~s ~ m~tter o( absolute ri~ht to the Mortp~ce and that the same auY be done vitAout notice to tAe Mwt~~sor. I( foroclosure proceedia{s ahould be instituted ~s~inst the propertY covered by this mort~a~e upoa ~nr ot6er tien or cl~~m .hether alle~ed to be superior ot juniot to the lien of this mort~a~e, the Motti~~ee m~y at his optioo imoedi~uly upoe institutian of such suit ar durin~ t6e pendency tAereot decl~re tAia mortp~e •nd the iadebtedaesa secured huebr due and p~yable torth~r~eh and m~Y at ~ts option proceed to taeclose H~is mort~~~t. Th~t We dlort~~a w~ill kcep all re~l ~nd person~l property aow~ or hereafter encwebered by the lien o( tAis ~ort~a~e ~nsured ~s maY ~ be required ttan tiae to time by the Mortp~ee ~~~inat loss by fire, M~ddstam and other hu~rds, c~swluea ~nd contin~encies (or such ~ per~ods ~nd ior not less tlua such anounts as ieay be requi~ed Sy the INort~a~ee •nd to p~y prosptlY rhen d~e NI p?em~ums tor such insar~nce. The ~mounta of ieaur~nce required by the Morta~fee shall be the siaisws ~awuets tor rAicA s~id insunnce ahsll be ~ntten ~ and it sh~ll be incwabeat upon the Mort~~Lor to ouint~in such ~ddition~l insur~nce •s saY ~ necessary to aeet and comply fully r~th ~ ~11 ewmsunnce reauirements conuined in said poticies to the eod tlut the said Mor~sa~or is not a co-insura thereunder.lnsur~nce shall be rritten by ~ co~~ny ot cospan~ea s~ored o~ des~~aated by the IAorti~tee and ~11 policies ~nd reoe~~ls thereof shsll be held by the Matp~ee. All detailed desi~nations by t6e Mort~~tor which are accepted br tl~e Mortp~ee ~nd all asreesents betreen 6lortp~a n ~ ~nd A~lort~a~ee rel~t~ns to inaur~nee, emr eaistin~ or here~tter m~de. sh~ll be in vntin~ ~ad shdl be a pstt of this mottp~e a~reee~ent ~r u fully ~s thou~h set forth vttb~tiie herein and sh~U ~ovcrn both p~tties hereto and d+eir srccessas and assi~ns. No lien upon ~ny o! i~id policies ot insurance or upan aar re(uad a retum p~ea~ius +rAich ~ur be p~y~blt on the caesell~tion or teri~in~tion thereo(, sA~ll be ~iven to otAer thsn ~he MottpLee, except by proper endorsesieot sfti:ed to suth Policy ~nd ~Pprored by Mortt~~ee. E~ch pol~cy of ~ inaw~noe ~hall b~ve •(fi:ed there~o ~ Stsadud Ne~ Yak IAort~a~ee CLuse ~riU~out Cootributioa, makins ~II loss a losscs under such oolicy p~r~ble to ~he MatNiee as its ~nterest uaY sPpear. In tbe ercnt ~nr sua a swrs of eoner becaee Oa9~ble thertunder thc ~tor~- ~a~ee sh~ll hare the option to receive and •pplY tbe s~~e on account ot tbe ~adestedness hereby secured, o~ to pem+~t ~he ~H+ritsEor lo recei~t and we it, or •ny part thcreot, rithout therebr r~ivin~ or iwp~irin~ ~ny equitr, I~en. a n~ht under snd Ay v~ttue of th~. mortp~e. (n event of los~ or pArs~cal d~ma~e to the mort~a~ed property the Mortp~or sh~ll ~ive ?mnedute nouce ~hercut by mail i~~ ~F~ the Mottq~ee am! ~he M~x~RsLee may mske proof of loss ~f the asme ~s not m~de promptly by tht 11at~s~a. In event o( (ac~l~~wre o( ~ ~ ~anK235 PACE1266 ~ ? ~r: _ .