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Home My WebLink About2755 PR(ri'IDh11, AI.NAYS, tha~ ~f the ~lurtgago~ shall pay~ unto the ~br~ga~ra the indebted~ts~ rv~Jenctd hy a certa~n prwm~sor~ nole ~~f wh~ch the foUaw~ng in v?•ards a~d (igutcs ~s a trut ~opy to-w~t ~ . 7'JJCo~~~a,gc ?Zatc ; _8,825,00 _ Fort Pierce, F'~,~~;,~,~ _ _----March 13~ _7 ~ E ~ 111 1 an S V(' al l , prutui~r lu pa~ ~ f'~ i~t ~ ' ~t ~ ~~u ~ ~a~rn ~ ~Ic, ~ y pensi-vn ' ~~A~[~ ~A~~ a s-Trus e~ -~or - e- ar - nc tu th~• urd~•r TYl1S t _ . - - - _ _ _ _ - - - - - - - - ~ ~?~r ~~~~~~~~~E~d~ ~~i _EIGHT THQl1SANI~_EIGHT_ HUI~]pRED__ TWENTY-FI1lE _a~~~'~.q'~t~q~~;ri~~~•~ M~~ih ~~~~rr~•~~ ' Ihrrr~~n frum d:~tr at Ihr ~at~~ uf trn pPrrrnl. ~?rr aonun~ unlil ~uaturity. Ir~th prin~•ipal aud inlrresl l~rinK pa~•aWe in law~ul munr~ uf li~r I n~t~•d ~t~tr- al 13 Iti-~•a~ m• lihd.. \liarni. FI~xiJa, ur al ~uch uther plac~~ a~ Ihi• hulden he~ru( may dr.ignate in w~iU~~~. ] I'tuic~pal and intrrr~t payablr in in.tallm~•nt> a, fuliuw.: ! ~ i ' 1 llU~ t~ITl~1T1D~il C~V~I~TTV_FTVF ~ C7 7S nn~ Tl(1T 7~ARC nAY mnnt~t hPOi nni nQ nT1 t}1P_ c s fi V?\L •lVl\Li\LL VaJ t U1~ t t ~ Y l 1 .s • v v I C~ (.J- U - I 15th day of May, 1975, and continuing on rhe 15th day of each and every ~ j month thereafter until paid in full. 1• , ~ ~ ~c Th~s note may hr prepaid in ~~hule ur ~n part after one year from th~ Jate hcreof upon paymcnt of a penalty eqwvalem t~~ ri~~l~l ~~rn•rnt ~~1 thr ~~rinri~~al -uni ~~rr~~:u~l. ~ i F:a~•I~ ~n>IJIIIII~•IIL'~J~111~'nt ~hall br ~ rrditrd fint un th~• intere•t Juc. ;~nd lhr rrruaind~•r un principal: and intrrr.t ~hall th~.r,.. ~ uE~un ~•ra~r upun Ihr ~iri~i~•ipal ~u rr~•dit~•d. t Tl~r ~?i~krr- anJ rndur~~•r~ uf tlii~ ~iut~• furth~•r a~n•~• t~~ waiv~• ~lrmand, nut~c~• uf nun- ~a~ m~•nl and prot~.t, anJ in th~• rvrnl ~il ~ ~haU h~• br~~uRht tor th.• ~•~~U~•~•t~~~n h~•n•~~(. ur U?r .:~mP ha• tu br cullccted upun demand u~ an attumey, tu pay rea.wnaLle atturn ~ I.•r- lur malinR -u~•h ~-ullr~•liun. ~ . I?~•G~rre•d pa~ nu•nt~ h~•n•undrr -haU h~•ar intr~r.t at th~• rate ut t~n prrcrnt prr annum frum maturity until paid. 'fhi n~~tr i. ~r~•urc~l by a murt~a~r ~?f r~~rn date hPrewith and i~ to t?e ~on~trurd and enforced a~cordin~ to the laws of the ~ ~tatr n( Fl~?rida: upr~n drfault in thr F?a~•mrnt ~~f prin~ipal andlor inter~~l ~.hPn due, the whole sun? of principal and int~~e<t ( rrineiuu~K unp~id ~hall, rl the ~?pliun uf th~ huldrn, txc~?me immediately u and ~ able. ~ i _/i ~/i ~ ~ S -G_'•~~~~t~ (~E.\L) / v} ' r ~ ~ ?}-4>y~,t-'.t: -~'J~_~I_~r }-X~f.1'~ ~~M.:~~.) F'rr~ur~d b~ ~prctrr lti frndn~h. \Ilnrnr~. ''~10 Rurayn~ Bl~d.. \1ia?n~. ~lurida f ~ ar~J ~hall perform, comply with and abide by each and every the stipulations, agreements, conditions and cove- i nants of sa~d ptomissory note and of this deed, then th~s deed and the estate thereby created shall cease and be ~ null and void. , 1. The Mortgagor hereby covenants and agrees: i ~ (a) To pay all aod ~~n~ular the pr~napal and ~nterest and other sumc of money payable Dy vrttue of sa~d prom~ssory note and th~s ! deed, or erther, promptly on the days respecdvely the same severally becomes due. , ~ # j lb) To permN, comm~t or sufter no wsste a~d to mainU~n the ~mprovements at alI umes m a state o( 6ood repa~r and con.i~uon, and to ! do or perm~t to be done to said prem~ses notMn~ thst ~r~ll alter or chan`e the use and chu~cter of sa~d progerty or m any way ~mpa~r a ~ Meaken tht secunty o! th~s mor~6aae. And in case of the ro(usal, ne~le~~ or ~nab~lity ot the Mortsa6or to repair ar.d msmtam sud proper- ty, the Mor?pRee may, at hu opUOO. make sucA repa~rs or cause the same to be made, and advance moneys m that behalt. ~ (c) To pay all and ~~n~ular the uaes, assessmants, levies. I~ab~I~Ues, and obl~sahons of every nature on sa~d described property each ~ and every ~hen due and payable accordma to lar, befae they become delinQuent, and to dehver to the Mortaa6ee on or beiwe March 3 IS~h ot eac6 year ua rtceiptc evidenc~ns ihe payment o( all law:ully imposed taxes for the preced~n6 calendar yeat; to ~n~'emn~fy the ~ Mwt~s6et upon his Jemand (a all uxes, assescments a~x! chsr6es that may be assessed upon ~his moctaa6e on thc ~ndebtedness ~ cured hereDy, and pa~d by the matEa6ee, yithou~ re6ard to any la~v heretotore cnacled or herea(ter to be enacted impos~na naymen~ o: thc rhole or any ~art thcreof upon the htoneagec. (d) To pay all and s~n`ular the costc, charses and expenses, includ~n6 lawyers' fee~ and abstract costs reasonably mcurred or pa~d at : any ~~me hy ~he MotlRagee becauce of the (a~lure on tAe part of the Mort6ator to per(orm, comply w~th and abiQe by each and rvery the ~ st~pul~uons, a~reeme~ts, cond~uons and covenants o( sa~d prom~ssory note and this deed, or e~ther, and every such~p~yment shall lxar ~ ~ntcrest from date at the nte ot ten t IOZ) D~r centum per annum. 4: ~ (e) It is fur~Aa covtoaeted ~nd a~reed by a~id partiei tbat in the event o[ a suit beins inatitu~ed to (aeclose this mort~ate. the Mor[• ~ ~ p~ce shall be eetitkd to applr •t sny time pendio; auch (oreclosure suit to tbe court 6arin~ jurisdietim tl+ereot for the appo~ntment of s receiver ot ~11 and iiasular tbe mat~~~ed property. ~nd of ~11 reets, iocooes. profits. i~suea ~ad rereaues ~hereof, fras wA~boever ~ source derived; aad Wereupon it is hereby e:preaslr co~enanted and siteed th~t tAe Caut s6~11 torth~itA ~Ppoiot sueh receiver r~th ~ a the usu~l po~rera and duties of receivcro in like ease~; ~nd s~id appointment sl?all be ~ade by t6e court u~ mattet of strict ri~At ~o ~ the ~1~ortp~ee, and ~ithout re(ercace to the ~dequacy or in~dequacy ot the vdue ot tAt ptopetty herebr mat~~sed. or to the solvency ~ or insotveecy o( the Nortpsors or any oWer yarty defcadant to such suit. The Mo~t~~aor Aeteby soecitit~lly ~raives the ri~ht to object i = to the ~ppoiata~snt of ~ receiver ~s a(oaaaid ~nd berebr eap~essly conseat~ that such ~pooiataent sh~ll be sade as ~n adaitted equ~ty ' ~ and ai a s~tter of absolrte ri~At to the ?lortp~ee aad [Aat tbc ssme o~y be doee vithwt notiee to the AAort~a~w. } (f) !f toreclosure proceedin~s shouW be iastituted •pinst ~he Oropartr covered br this oottq~e upon anr other liea or c:aim vhether - alle~ed to be saperior or junior to the lica of t6is mort{~se. 1he Mottaa~ee my •t Ais optioe imedi~tely upon instituuan ot sucA suit _ or dwin~ tAe pendeacy ~hereof decl~re t6is mo~ts~~e •nd ~be indcbtedneas secured herebr due and p~y~ble forthrith snd msy at its - option prxeed to faecloie tbis aarta~~e. Th~t thc Mort{a~or rill keep ~11 real ~nd persaeal ptopettr oo~r a I~eteattet tacwsbeted by thE lien of tAis n~at~~~e ~nsured as may Ae required (ros tia~e to tiee by tAe Mort~a~ee ~qinst loas by fire, rindstam and other A~z~rds. c~swlties ~nd conunsenc~es for sucA ~ per~ods and for not Ieas thaa auch aaounts ~s m~r be required by the Mortaaaee and to pay promptlY ~hen due all prem~wns ta such IMYt~MC. T6e usoueta of iru~rance reQuired br tAe Mo~t~~~ee s6~11 be the sinivum amounts for ~Aich said insursnce shall be rritten and it shall be incuubeet upoe the Mort~ajot to maietain sucA ~dditional in~urance as m~y be aecessary to meet ~nd canply (ully ~r~th •11 co-insuraece reQuiremeota contained in s~id policies to the end that ~he said Mor~a~~ar is not ~ co-insurot the~eunder.tnsurance _ sh~ll be ~ritten by ~ co~oy or compaa~es apptoved a des~~u~ted br the Mort{a~ee sed ~Il policies ~nd raae~r~ls tAereo( sh~l! be held br the Mat~a{ee. All detailed desisnations br t6e 1Aatt~a~or rhich ue attepted br tAe Mott~s~ee ~ad all a~reewtats betreen Mott~~~or and Mortsa~ce rel~tin~ to insurance, nor eaistins or Aere~tter m~de. ~hall be in vritin~ and sA~ll be a p~rt of this mwtN~e s~ree~ent ~s f~lly ~s tAou=A set (orth verbatiia herein aad shaU ~overo bot6 partie~ Aersto and ~heir successors aad u~i~ns. No lien upon ~ny ot - a~id policies of i~uw~nee o~ ~poe aar refund or retum paeiu~ ~AicA s~r be p~y~blt on tAe caacellation a lerain~tion thertof~ shall - - be ~iven to otAe~ •than tbe MorWtee. e:eep~ br proper endorse.ent •I[ixed to such policy and app?oved br Morti~~ee. Each policy of insur~nce sh~lt Aave a(fixed Werc~o ~ Sand~rd Ne~ Yak Mort~~~ee Cl~use rithout Coouibution. eiakin~ ~II toss a losscs under aucA 0 policr p~r~ble to the Mottpaet u its ~oterest s~r ~poeu. la the e~ent ~eY suea or iuaa of ooner becose ~rable theaunder tAe ~tort- ~a~ee shall have tbe option to receive and apply tAe sa~e on ~ccount o( ~be indebtednesa herebr secured, or to permit tAe ~kxi~aRor ~y to receive ~nd use it, a snr p~rt thereot~ •ithout therebr wsivlo{ a ierosirin~ any eauity. lien~ a~ n~ht under and by v~rtue o( ~Ai. ' nart~s~e. In erent of loss or phrsic~l dama~e to tbe mort~a~ed ptoperty the Mott~a~or sA~ll ~ive ~mmed~~le nouce thereof by ma~I t~~ the Mwta~~ee and ~he INor~sa~ee m~y makc p~oof of loss if the same is no~ made prumptly by Ihe Natp~or. In evem r,( 1ore~ln.ure o( ~ eooKi~~7 ~ac~~7~ " ~ ~ _ - . - _ _ - - i ~ ~ ~ _ ~ a~ _ ~ _ . ~ ~ ~ ~