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Home My WebLink About1573 F l PROVIDEI), ALNh~YS, that if the Alortgagot shall pay unto the \lortgagec the indebtedness rv~denctd hy a certain ptom~~~ory note of wh~ch the following in words and figures is a trua copy to-wit _ . ~ ~J1Co~ctgc 3c 'J,'~otc 5 4, 550. 00--- Fort P i~ ~-ce h'~~?~~~~:~ ~----~-~1-1 i- 75--- h~ ~K ~~1•l~F. KF:CF:I\'F:l) _ WE ~ ointl and several ly_~_ _~~o~,~~ i~ ~~a• JACOB CLAIRS and KI~ CLA IRS,~ ~is w_ife.. ~ t~~ th~• urdrr uf . - ~ - ~ - - thP p~in~•ipal FOUR THOUSAND FIVE HUNDRI?U FIFTY an.d_ no 1001N)I.l.:1t~~, to~;rtl~~•r Nit6 int~•~~•-~ thr~run frum datc at thr alr uf t~•11 ~IP(CPOI, per annum unlil maWnty~. twlh principal and intrrest bcing pa~ablc in lawful munr~ uf thr t'nitrd ~tatr~ at '''_'-1•1 Ki,~•a} n~• l~hd., \liami, f lorida, ur at such oll?cr place as the holden hereof may de~ignate in wntinK. '{'rincipa! and interesl payabl~ in imlallmen4~ a~ fullow.: ~ONE HUNDRED ($100.00) DOLLARS per month beginning on Che 15th day of June, $1975, and continuing on the 15th day of each and every month thereafter until paid in full. Th~s note mar be ptepa?d ~n Nhole or in part after one year ftom the date hereof upon payment o[ a penalty equivalent tu ri~ht ~u•rcrnt uC tl~r ~~rin~•i~?al ~um ~irr~~ai~l. F:a~•h in~tall~n~•nl payoirnt ~I~all br ~•r~ditrd fint un the inlere~l dur, and thr remaindrr on principal: and inlrrest shall thrrr- upun ~~•aw~ upun lhr prim•ipal >u ~•n•dil~•d. Thr maker. and rndorw•r~ ~•f thi• nut~ G~rth~~r a~rre to waivr. drmand, nulic~• of nun-`~a~ mrnl and prot~•~l. and in th~• c~•enl ~uil _hull I~r bruuKht for th~• ~•ull~•rtion h~~n•u(. ur th~• ~ame has to be collected u~?on demand o( an atturney, to pay rea~onaLle altorne}~~~ f~•~•~ lur makinK wch cullr~tiun. ~ Ih•f~rred payment~ h~•n•und~•r ~hall h~•ar ml~~~~l al lhe ratr of ten percrnl p~~r annum frum maturity unlil paid. 7'hi~ n~?tr i~ ~ecorrd by a mc,rlga~;e of rven date hrr~with and i~ to he ~onstrued and enforeed accordinR to tl~e law~ of th~ ~tat~ of Florida; opnn dPfault in the pa~•ment uf principal and/~~r inter~sl when due, the whole sum of pnncipal and int~rest rrmaiuin~ unpaid ~hall, at th~ option uf thr l~olde~, becomt immedialel~• due and yat?1~ ~ ' s (r ~ l'. !l' / - ~ ~ (~E,~L) r n ~ ~ . ~ fi~_~•_~L•C~ -t~- (~EAL ~ I F'r~p~r~~~ h~ `pKl~r K Trndn~h. Atlorn~~~ -'~LLO R~v~ayn~ tilvd., hliam" Flixida . ar~J ~hall perform, comply with and abide by each and every the stipulations, agreements, conditions and cove- nants of said promissory note and of this decd, then this deed and the estate theteby created shall cease and be null and void. ~ ~ 1. The Mortgagor hereby covenants and agrees: ~ (a) To pay all and.~~naular the pr~ac~pal and interest and otAer sumc of money payable by v~ttue ot sa~d prom~ssory note and th~s deed, or e~ther, promptly on ~he days respec~~vely the same severallY becomes due. - } ~ (b) To perm~t, comm~t or sufter no Waste and to ma~n~a~n the ~mprovertunts at all hmes in a state of aood repair and condwoe, and to t do or perm~t to be done to said prem~ses noth~na that WJI alter or chan~t ~he use ~nd ch~racter ot said property or in any way impa~r or i ; ~reaken the secunty o( this mort~a6e• And in tase ot the refusal, ne~fect or mability of the Mortpsor to repair ar.d mainu~n s~id proper- , i ty, the Mortsaeee may, at his opt~on, maicc such repairs or cauae the ssme to be made, and advance moneys in that behalt. ~ (c) To pay all and sm~ular the uxes, assessments, lev~es, I~ab~lities, and obliptions of every nature on sa~d described property each € • ! and every when due and payable accord~n6 to lar, be(ae they become dslinquent, and to deliver to the Mort6a6ee on or betore March ~ IS~h o( tacd yeat ua receipts ev~dencin6 the paYment o( all lawfully ~mposed tsaes for the precedin6 talendar year; to ~ndemmfy the ~ A1at~asee upon his demand for all Iaaes, a.sesamen~s and char`es that may be assessed upon lhis mort6a6e on the indebtedness s~- ~ cured hereby, and paid by the mort6a~ee, w~thout resard to any law heretofae enacted a Aereafter io be enacted impos~n` nayment o: $ the whole « any ~art thereof upon the A1ort6asee. (d) To pay all and s~n`ular the costs, char6es and expenses, includmg lar~yers' fees and abstract costs reasonably incurred ar paid at any ~ime by the Atatgaaee because of the ta~ture oo tAe part of the Mort6aaor to perform, canply ~rith and ab~de by each and every ~he stipulahons, a6teemrnts, cond~uons and covenants of sa~d promissay note and th~s dced. or either, and every such'payment shall bear ~ntcrest trom date at the rate of ten UO`f~) per centum per annum_ (t) It is furthu coreaanted and a~reed by s~id partiei tbat in tAe e~ent o( a suit bein~ ieatituted to toreclose ~his uart~a~e,tde ?lo~t- N~ee sh~ll be eatitkd w•pplr ~t •eY tise peodini sucb foaclosure suit to We cwn 6a~in~ jurisdictioa thereot ta the ~ppointment of ~ reeei~er d~1{ and siasular tAe mort~a~cd propertr. and ot ~II renb. iaca~es. prdits. itsues and rerenues thereot. fros whatsoever source derived; aad thereuyon it ia hereby eapres~lr covenaated aod ~~reed t6~t 16e Court s6~11 torthriW ~pooiat suc6 receiver ~ith ~ the nswl porera wd duties of receivers in like oa~es; ~ad s~id ~ppointoent shall De made by t6e court u.~ matter of strict ri{f~i to ~ the Mort~stee, and rit6out re(erenee to the ~deqwcy a in~dequacr ot the ~alue ot tbe property Aerebr so~tp=ed. or to the solrency or iasol•eacy ot tbe Mortaators or anr ot6u y~rty de(cndaat to auc6 suii. TAe Morti~~ot herebr speci(io~llr ~rai~es Ne ri~At to object ~ to t6e appointaee~ of ~ reeeirer ~a doreaaid ~eW bercby eapreasly coesenu t6~t aueh ~ppoiatment sh~ll be ~ade ss an adeiued equity ~ ~nd ~s a~tter of absolute ri~bt to tbe hlatp~ee and that tbe aawe wy be done ~id?out aotice to tAc Mbrt~~~or. ; ~ (f) If torcclwure proceediep sbould be iostituted a~ainst the prooertr eorered by this wonp~e uooe aey other liea a cl~i~e rfiether E ~ •Ile~ed to be superior a junia to the liea ot this ea~tsa~e. the MonN~ee auy at bis optioe iomedi~tely upon institution of such suit ~ ~ w durin~ the pendencr tbereof declare tAis ~sats~~e •eW the iadebte8ness sec~red herebr due ~nd p~yable tortbrith aed may atits ? optioa procced to toaclose tsis mortp~e. ~ ~ Th~t the Mort~or ~rill teep all ro~l and personal propertr no~r or 6erutter eacusbered by the liea of this sortss~e insured as msY i ~ be required ito~ time to time by We Morti~~ee ~pin~t loss by tire. ~inds~ons and ot6er h~urds, c~swlties ~nd contin~encies (w such pcNOds ~nd fa aot leaa Ihaa ~ucA aeounts u s~y be reauired by the lAortsa~ee aad to o~y oroaptly vrben due ~11 premiuas fa such t ~ insur~ace. Tbe ~samts ot in~~raoee required by t6e Morts~~ee s6~11 be the oinimwo ~sarns tor ~6ieb aid insunnce sball be ~ntten and it sAall be incwbeat upon the Morts~{or to s~ia4io snch ~dditioASl iniur~nce as ~aY be aecessary to meet ~nd comply fullr rith ' all co-insunnee require~eats contaiaed ia s~iA policies to tha eod that the s~id IAort~~~a is no~ ~ co-insura thereunder.lnsur~nce ~ sA~ll be ~rrittee br ~ cosp~er or casp~oies ~~ored a desi~eated br the Mort~a~ee aad all policies and ~eae~als tAereof sh~ll be held by the AAat~asce. A11 detailed desi~nations br tbe Mortp~or rrhich sre accepted by the Martp~ee u~d ~II a~rtdoepts bet~reea Mort~a~or ~ ' aad Mort~a~ee rel~tin{ to inaur~nce, ao~ exisria~ or Sere~(ter aade. sMll be in ~rritin~ ~ad sAall be ~ put of t6is e~a~~~~e ~sreemcnt u fullr as N~ou~A set (ortb verbatis hereio ~od shall ~orero botb oarties hereto aad Weir anceessors aed assitns. No lien uPon ~ny of sald oolieies,of iasur~nce or uPaa aar refuod or reuun preeius ~hi¢6 w~r be p~Y~ble an tAe c~acell~tion a tersia~tion thereot. sh~ll be ~iren to otber tA~o tbe YaWtee, exupt br proper endaae.ent affiaed to sueA poliey and ~Pprored by Mat{~~ee. Each policy of iniur~ace shall have •ffised thereto a St~nd~rd Nev York 1lorlp~ee Cl~use +ithout Cootributiaa. awkin~ ~11 loss a losacs under such policr p~Yable to tbe Mortp~ee u ita ie~erest ~y aope~r. Is t6e e~ent ter suia at ivas of isooey pecoae wr~ble theteundtr the ~1ort- t~fee ahall have the oPtion to receive ~nd apply tAe s~a~e on accarit ot the indebtedness herebr secured, or to permit the ~Nxt~aEor to ~eceive sad we it. or any part thereof, vitAout Werebr ~~ivins or i~Pairia{ aay equity. lien. or ~i~At under snd by rlrtue ot thi. a~ort{ase. In erent of Iws or pbrsic~l daias~e to tbe mort~~{ed propertr the Mort{a~a sh~l) ~ire imsedi~te nolict thercot by mai) the Mnrts~iae and ~Ae Mort~a~ee nuy make proof of los~ ~t the asme ~s no~ roade pranpt t t{a~a. In even~ „t tcKe~lnwre of 00 ~~E1571 .:;F : ~4~,.~~. ~r- - y