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Home My WebLink About0697 {'RIl\111i~1? \I N11ti. th.i~ il tFr \t~~rt~.~g~~r +i~.~ii iint~~ thr \i~,rig,+grc ihr ~?iJehtrdnr,. r~•~J~n~cJ h~ a ~ i f i~tiain ~r."ni,.~~n m,t~._____~~I ~I~i.h th~ t~,it+,~~ing .n ~<<~td. enJ ligutc~ i, ~ truc ~~,rv 1~~-~~t I~ ~JJC~~ 6 825_, QO Fort Pi erce , H•~~,r;,~;, March 11, _ ~y75 ~~~t~, i~b~S AK~~' arl~ 11~~t~~ n~s~g~as 1-~bint-~enants-wi~°'~ti~NL~ , t~~ tl~~• ordrr uf a~ ~ur~ivorSh3 _ - - -j - - , P.-- ~fi~ ~~r~~~~~iF~al ~r _~IX ~iQ1I~SAND ~~H'~ _~i1J~iDRED TWENTY-FIVE_. a~d_ .l.?~ , to~eth~r N•ith interr~t ~ lhrtrun fruio datr at thr rat~• uf tr~i p~•n•cnt. pcr amuun unlil maturity, buth prim•ipal auJ iut~•resl ik~ing payablr in lawful awa~•~ uf thr l nitrJ ~tat~•~ at '~'.'.-1~1 fii.~•a~nr til~d., ~liami. Florida, ur at wch ulher place a.. the holder. hcreuf may designate in wriUn~. ,:f'rincipal and int~rr.t payable in imtallmcnts as follows: { ONE HUND1tED THIRTY ($130.00) DOLLARS per month, for sixty (60) conse- ~ cutive months, on the lSth day of each and every month, beginning on the 15th day of May, 1975, and continuing until the 15th day of May, 1980, at which time the balance shall become due and payable. Th~s nute may be prepa~d ~n whole or ~n part after une year from the date hercof upon paymeot of a penalty equivalcnt tu ~•i;:lit ~~rr~•~•nl ~~f th~• prin~•ipat •um prrpai~l. F:rrh in~t:~llmrnt pay)nrnl ~hall b~• ~•r~•ditrd fint un thr interr.l due, anJ thr rernainJr~ c?t~ prinripal; and intrre~t shall tl~rrr- . u~?un ~•ra..• upun th~• prim~ipal ~u rr~•~litrd. I Tl~r mak•r. anJ ~•nJurWn of thi~ nulr furlh~•r ak~rc l~? waivP d~•mand, nulic~~ uf nom ~a~•mi•nt and protc.t, and in th~• Pvent ~uit -haU t?r bruu~ht fur lhr ~•ullr~•tiun h~rruf. or lhr ,an~r has to be collected upon demand u~ an altorney, to pa~~ reasonable attorne~ f~•r~ lur makinK ~u~•h ~•ull~•~•Uun. 1?~(rrrcd paym~~nt~ hrr~und~•r ~hall tN-ar int~•rr~t at thr ratr of ten percrnt per annum from maturity until paid. Thi> notr i• ~ecunJ hy a ~nort~aKr uf e~•en dat~ h~r~with and is t he construed and enforced according to the laws of th~ ~ ~~JIP of Florida: up~n drfault in th~ pavment of prineipal and/or interes when due, the whole- of pnncipal and int~rect ~ n•mainin~ unpaid ~hall, at thr optiun o( the holdera, bec me immec~i lel and p~ •able. ~ , _ > ` ~ - - _ (ti6AL) ~ lG ' G~''r-~'.~At.) I ~ - Y ~ Ir T~ndn~h. ~ttorn~v~ - '.'.'~SO Bivayn~ Nlvd.. ~1i~Florid Pr~p.r~d h} . pK r K . ar~d shall perfotm, cumply w~th and ahidr by each and even. the sUpulahons, agreements,. condit~ons and cove- nants of ~aiJ prumissory nute and ~~f th~s deed, then th~s deed and the estate thereby created shall cease and be nuli and void. 1. The Mortgagot hereby cu~~enants and agrees- ? (a) To D~Y and ~~n6ular the princ~pe) and ~nterc~t and ~~ther sum. of mon~y payablc bp vutue of sa~d prom~ssory note and th~s j deed, or either, p~omptly un the Jays rcsp~cutcl~ the +amr ar~rreliy he.nmrs due. lbl To perm~t, cixnm~t ot sufter n~~ was`e e~d ro ma~n~ain :hc :mpro~cments at af1 t~mcs in a state o( good repau and cond~l~on, and to do ~u perm~~ to be done to caid prrmises notmng tha: a~ll elter or cAangc the use and charac~er u( said property or m any way ~mpa~r ar ~ ~~eaken the secunty ol th~c mur[gage. ~\nd in .a~e of thc rcfu+al. neglect er ~nab~l~ty u( the !1lortgagor eo repau aed ma~nta~o said proper- ty, the Mor~6a~ece may, a~ h~~ ophun_ m~kr ~ucA repeu, or .eucc chc .amr co be madc, and ad~ance muney+ m that behaif. i E (c) To pay all and ~~ngular tho taae~, a~ses.ment., te~~ts, l~ab~l~heti, and uhl~gations of every nawre on sa~d descnbed property each ~ and every whrn Jur an~+ payable ac~nrS~ng tu IdM, F%[~Of! thcy become del~nquent, and to Jel~ver to the Mortgagee on or before ~larch i51h of eaeh ycar t~~ reie~pt. c~~dcn.~ng chr p~yrr.tnt of ait la•+fully ~mpntied taxes (or ~hc preccd~nR ca{andar year; to md~mm(y thc ~ \1ott6a6et up.:n h~s d~mand for ell taac., a~.c«mcnts an.i .hargt. that may bc ayscssed up~~n th~s mortgage on tAe indebtednecs cured htreby, ~nd pa~d ny m~xtgagec, •.:th~~u~ ~[(t3!d t~~ ary law herttufure enacted or her~a(ter ~o bt enacted ~mpoc~ng ~ayment o: f the whole ot ~ny ~art thcrrof unor. !he \t~~rt~agc^. ~ (d) To pay all and .ingutar the c~~.ts. ~harg~. ar.d cipense., ~n~ luding lauyerc' (cr~ and abstract costs rcaconably incurred or pa~d at any umr bv thc lturtgagrr Ac.au.r ~d thr failurc ~~n ihr p,;rt nt thr titortgagor ec pr:iorm, cumply w•ith and abtde by each and tvery the sUpuleuons, agrcemcntc, c„nd:t~~~n. and i.~~cnent- uf ~a~~ rromi~sor~ ~ote and th~c .3ccd, ~r c~thcr, and every such payment shall bear . intcresl from dat~ eI tht ratc of trn 1?1~ 1 prc ~rntum pri ~nnum. (el It is furll~er covena.'_'_ ~nd aareed by said parbcs that ~n the event o( a~wt be~n~ ~nstituted to foreclose th~s mort~ase, the Mott- e p~ee shall be entitled to •pply at any t~me pendin~ such (oreclosure suit to the court h~vin~ jurisdiction thereot for the ~ppo~ntment of s teceiver of ~11 snd ainsutar the m«t~ased property, and of all ~ents, incomea, pro(its, issues ~nd revenues thereot, from ~h~tsoever ~ source derived; and thereupon ~t is hereby eapreasly covenanted snd a~reed th~t the Court s6~11 fotthrith ~ppoint such tece~ver w~th the uaual porera and dut~es of receivers in like c~ses; •nd sa~d appointmem ~hrll be m~de by the court ~s ~ m~tter of striet ri~ht to ~ the Mortsa~et, and w~tAout re(erence to Ihe adequ~cy os madequacy of Ne v~lue o( 1he property hereby moctp~ed, or to lhe solvency or insol~ency of the Mortsasors w any other party defendant to such suit. The Morta~~or hereby specific~lly vaives the neht to object x to the sppointment of ~ receirer ac aforesa~d •nd hereby eapressly consents that auch sppointment sh~ll be made •s ~n admitted eQuity ~ •nd as a mattcr o( ~bsolute ri~ht to the Mortsaaee and that the same may be done wi[hout notice to the Mort~a~ot. ~ (f) If foreclosure proceedinw shoutd be instituted ~~~inst the property covered by thie aart~a~e upon •ny other lien w claim whether slle~ed to be super~or or junior to the I~en of this mat~~se, the Morts~~ee may at Ais option immed~~tely upon ~nstituuon of such suit ~ or durin~ the pendency thereot declare th~s mortE~se ~nd ~he indcbtedn~~s secured hereby due •nd p~yable fwthvith and may at~ts option proceed to faecloae this morts~~c. ~ Th~t the Matp~or rill keep all real and personal propccty nor or heresfter encumbered by ~he lien ot this mortjate ~nsured as may bi' be required (rom ume to time Ay the Mort~~aee ~~ain~t loss by fire, winds~orm and other haz~rds, usualues ~nd conhn`encies for such r periods •nd ior not teas th~n auch amounts aa may be requued by the Mort~aiee and to p~y promptly when due •11 premiums fot such insurance. The aawunta of ~naur~nce requ~red by tAe Mort~~`ee sh~ll be the mimmum amounts for rhich said ~nsurance ~hall be wntten and it shall be mcumbent upon the Mort~~`or lo mamtain such add~t~onal insurance as may be necessary to meet snd comply fully w~tA •1) co-insurance requirements contained ~e said policies to the end that the said Mort~~~or ~s not a co-insuror thereunder.Insurance ~ ~ sh~l) be wntten by ~ tompany ot comp~n~es approved or desi~nated by the Mort~a~ee and ~11 pol~cie~ and renerr~ls thereof shall be held } by the IMatp~ee. All de4iled desi~nations by the Mort~a6or Wh~ch are accepted by tlie Monp~ee and all s,areements betreen Mort~~~a ~ r snd Mortsa~ee rel~un~ to msuraoce, now ea~stin= or herc~fter m~de, eh~ll bc in wriun= and ah~ll be a part o! ~Ais morts~{e a~rtement ~ a: ~ ~s fully u thou~h set fosth rerb~t~m here~n ~nd ~h~ll ~overn ~oth parties hereto and the~r successors ~nd assi~ns. No lien upon any of ' s~ld polieies o( insursnce a upon any refund or return premium vhich m~y be p~y~~le on the c~ncellat~on or term~n~tion thereo(, shall ~ be ~iven to otAer rhan tAe Mott~~iee, except by proper endorsement af[iaed to sucA pohcy and ~pproved by Mat~a~ea Each policy of ~ ~naur~nce shall have •ff~xed thereto a Sundard New York Mort~a~ee Cl~use v~~Aout Contnbut~on, m~kin~ all loss or losse~ under ,uch ~ policy pay~ble to iAe Mor?~~~ee as ~ts ~nieresc may appear. In ihe event ~ny sum or sums of raoney become p~yablc thcrtunder the ~tort- p~ee shall Aare the optioa to recewe and •pply tAe s~me on account of the mdebtedness hereby secured, or to permit the ~for~EaEo~ ' to rece~ve srd use ~i, or sny part thereof, w~thout thereby raivm~ or impurm~ any equ~ty, I~en, or naht under and by v~rtuc ot tA~. morl~ase. In event of loas or pAysical damaEe to the mort~a~ed prope~ty the Mort~asa shsll `~ve immcd~~te not~ce therc~~f by mail t~~ the Murl~~`ee ~nd the MortRagee may make proof of loti~ ~f the same ~c not made promptly by ~he ~fortaa~or. In cvent ot (~xe~ln.ure n( , r . , BO~K~~S PAGE 6JU ,':;K„ ;~kr,... R ~ ~ :-'~4 ' e'rv mt'Y'3'~ iY=~ rm ~ .?c=FS Ae +s~i " - • r'S irL ` y,^~=,E:~=.. .