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HomeMy WebLinkAbout2079 PRO~'ll)1~.11. •11.NA1'ti. ~hat if th~ \turlKagot ,hall untu lhe \lurtgagr~ thr inJcbtrdnr.~ rviJtncrd h~ a cettain ptomi..ar~ nutr ~~I Nhich thr fulluwing ~n H~~rJ~ ~nJ f~gures i, a trur c„py t~~-w~t ' i/~4't~t' 3C i~.as-C ~ ~ _ 3_y075 . 00- - Fort P i ~-ce, Florida --AElr-l.L-S-~ - ~~~--~5--~ ~ s FI?H ~'AI.I'F: ItF:(:M:1\'F.I) ----_--W~-a--~4~.Rt1~ aII~_S@YLrd~.l.~ prumi~c tu pa} ~~~r ~~~~r~,~r - - - MIRIAM. KIRSCH- - - - - • : ~hr p~in~•ipal THREE SHOUSANR~EVENTY-F LVL''.~3ri[~11~/ I.~Q-=-_--U1)I.LAN.~, togrthr~ N~ith intrrr>t ~ thrrrun fru~n Jatr at U?~• ral~• of trn ~~rr~•rnt, pr~ annum unlil n?alurih•. l?uth prin~•i~?al and inlrrc~t lx~ing payable in lawful muur~ uf ~ rthr t'nilyd ~tatr~ at ~".'.~L-~ lii~•a~m• lihd., Virmi, Plorida, ur at ~urh ulhcr placc as the hulder. hcreu( may de,ig~iate in wrilin~. ~ Pri~u•~~?al and i~~t~resl payablr in in.tallmrnts a.• (ullows: ~ 1 ~ FIGHTY ($80.00) DOLLARS per month beginning on the lSth day cf June, 1975, and continuing on~the lSth day of each and ~ every month thereafter until paid in full. Th~s nate may be prepaid in Nhole ur in part after one year [rom the date hereof upon payme~t of a penalty equivalent t~~ ~•i;.~l~t ~~~•n•~•nl ~?1 tlu• ~~rin~•ipal ~nm pn•paiJ. ~ i f:a~•h in~tallmrnt paynu•nt ~lial) br ~~mdit~•d fint un thr intere~t due, anJ lhr remainder un p~incipal: and intere~t shall lhrrr- ~ ~ uEH~u ~•~•a~• u~~.~n th~• prin~•ipal ~u ~•r~~d~t~•d. i Thr makrn and rndurs~•n uf thi• nut~• f~~rlh~•~ •r~rr~• lu waivr ~~•iuand. ~~uti~•~• uf non- ~ay nte•nt and prote.t, and in th~• er•rnt •uit ~ ~heU hf• bruuKht fur tlu~ cull~•~tiun h~•n•~~f. ~~r th~ .ame ha~ to be cullected upon demand o~ an atturney, to pay reasonable allurney~~ ; :rr. lur makink ~u~•h cullr~tiun. ~ OPf~rrcd pay m~~nt~ hrrrund~•r ~hall t~ar intrr~~t at th~• ratr of ten pcrcrnt prr annum (rum maturity until paid• 7~hi: notr i. K~•ure~d by a murt~aKe o( rven date hPrPwith and is to tnr construrd and entorced accordin~ to the laws o[ th~ ~'tal~• of Florida: upon drfault in, th~ paymrnt uf prin~ipal andlor interest wh~n due, the whole sum of principal and int~r~sl r ina~nmR unpa~d :hall, at th~ opt~ m of thr hulden, become ~mmed~ately due and payable. n ~ ~ _-~J`{ J ~.J~-~s-~.- (ti~AL) 1 ~ _r ~ ~ _ ; ~.1~.,C?,.~-?~ (tiEAL) Pr~p~t~d by ~pKl~r 8 T~ndnch. 1ltomry~ 2'~~t(1 Ristayne Hlyd.. !1liami./Florida f. ~ and ~hall perf~rm, cumply v?~th and ab~de by each and ever~~ the stipufations, agreements, conditions and cove- nants of sa~d promissory nate an~i oHhis deed, then th~s deed and the estate thereby created shall cease and be null and void. 1. The Mortgagor hereby c~~•enants and agrees: (a) To pay all and c~ngulsr the pr~nc~pal and ~nteresi and other sumc of money payable bp virtue of said prom~sswy note and th~s deed, w eUhe~, promptty on the days respecavely the ~ame sevenlly ~ecumes due. i lb) To permu, commu or suffer oo raste avd to ma~nta~n the ~mprovements at all hmes ~n a state o( good tepa~r and cond~uon, and to ! do or perm~t to be done to said prrm~ses noth~ng that ~i11 alter or chanse the use and chancter a( sa~d proper~y or m any way ~mpau or ~ ~reaken the security o( this mort6a6e_ And ~n case o( thc refus:l, neglect or mab~l~ty of the Mort6agor to rcpair aed ma~ntam said proper- ~ ty, the Motl6aRee may, at h~s opt~cx~, make such repaus or cause ~he same to be made, and aQvance moneys m that behal(. k ~ Ic) To pay all and s~ngular the taaes, assessments, le~~es, lub~lrt~es, and obl~gauons of every nawre on sa~d descnbed property each ( and evety rrhen due an~ payable accord~n6 to taM, bet<xe they become delinquent, and to del~ver to the Martgagee on or before \larch ~ ]Sth of•eaeh yerr tax rece~pts e~~dencmg tha payment ot all law~tully imposeQ taaes (or ~he precedm6 calendar year; to indemn~fy the ~ Mat6a6ee upon his demand (or ell taces, a.sessmenls and charges that may be assesscd upon ~his mortga6e on the ~ndebtedness cured hereby, and pa~d ~y mortEaEee, ~~thoW resard to any laa herc~otore enacted or heteafter to be enacted impos~ng nayment o: ~ ~he rhole or any ~art thereo( upon the ~t~~rtgagee. ~ (d) To pay all and s~ngular the costs, ~harges and expenses, includ~ng laryers' feca and abstne~ costs reasonably mcurred or pa~d at ~ any ume hy thc \lortgagee becau.r u( the (ailure ix~ thr par: of the Alortga6or to pertorm, comply ~a•~th and ab~de by each and avery ~hc ~ slipul~uons, agrtementc, cond~non. and cocenants of .a~d prom~ssuty note and th~s deed, or e~ther, and evety such'payment sAall bear mtc~est from date at the r~tt of tcn I IU`~) per crntum per annum. ~ ~ ~ (e) 1t is furthu coven~.:-:: ~nd a{rced by aaid parties that in the event ot a suit beins instituted to to~eclose th~s mort~ase. the Mat- ~a~ee shall be tatitled to apply ~t any ~ime pendin~ such foreclosure auit to the court davins j~riadiction thereot fa tAe ~ppointmene ; ~ of a receiver of ~11 and aia~ular the mortaa~ed propcrty, and of all rents. incomea. protits. iisues and revenues thereof. from vhatsoerer ; source derired; and thereupon it is hereby esptessly coveeanted and ~~reed th~t the Court s6~11 forthvitA ~ppoint sucA receirer with b the usual porrers and duties of receivers in like casea; and ssid •ppointment shsll be m~de by the court as ~ matter of st~ict risht to ; ~ tAe Mort~a~ee, and rithout reference to the adequ~cy or inadequacy of the r~lue of t6e property hereby mo~t~a~ed. or to ihe solvency ~ ~ a inaelveney of the Mort~s~ors or any other p~rty defendant to such suit. The Mort~~~or hereby speci(ic~lly w~ives Ue ri~ht to objeci ~ ~ to the appointment of a receiver aa afaes~id ~nd hereby eapressly consents th~t such ~ppoinusent sh~ll be made ~s ~n admitted equ~ty and ~s a iaatter o! ab~olute ri~ht to the Mort~a~ee and that the s~me ~eay be done without notice to the Mort~~~or. € ~ ~ (f) If toreclosure proceediep should be instituted a~~inst the property corered by Ihis mortp~e upon any o~her lien or claim whether ~ ~ alle~cd to be superior or junior to the lien ot this mort~a~e, the Alottaa~ee may ~t his optioe immed~ately upon ~nstiwtian o( such suit ~ ~ a durin~ the pendency thereof declare this mat~~~e and thq indebtedness setuted hereby due ~nd p~yablt fwthrith and may at its • optioe proceed to foreclose tAis mort~ase. ` ~ (v Th~t the Mortp~or vill keep all red and personal property nov or herufter encumbered Dy the lien ot tAis mort~s~e ~nsured as may ~ be requited fram time to tiiee by the Morts~~ee ~pinst loss by fite, v~ndstorm and other h~x~rds, c~swlties and continsencies fw such period~ anQ tor not less than such aawunts as eeay be rtqu~red by the Mott~~~ee and to p~y proaiptly When due all prem~wns for such ~ iesur~nee. 7'Ae amounts of iaaurance required by tbe Irlort~a~ee s6~11 be the min~mum ~nwunts for ~hich s~id msurance shall be ~rritten 3 and it shall be incumbent upon the Abrtsa~or to oaintain such additional inaur~nce as may be necesssry to meet and canply lully r~th all co-insur~nce requirements contained in said policies to the cod tAat the s~id Mort~~~or is not s co-insmor thereunder.Insunnce ~ shall be ~rritten by s cosp~ay a~ compan~es aPprored or desi~n~ted by the Mort~~{ee ~nd ~11 pol~cies ~nd reoe~rsls thereof shall be held ~ by the Matq~ee. All deqiled desi~natians by tde Mort~~~or Mh~ch ~re ~ccepted br the Mort~a~ee ~nd ~11 ajreements Eet~een Morta~~w and Morts~~ee re1~Un~ to inaur~nce, nmr esistins or here~fter m~de, shsll be in .rritin~ and shall be • part of tAis mat~~~e a~reement ~ as tully ~a thoush set forth verb~tim herein and shall ~overn both parties hereto and their successors ~nd assi~ns. No lien upem sny o( ~ nid policies of insurance or upaa ~ay retund or rewm prem~wn whicA o~y be pay~ble on tAe c~ncsll~tion a ~eruin~tion thcreo(, sAall w~ be ~iven to other ~h~n tMe Mat~~~ee, exeept by proper endwsement affi~ed to such poliey and ~pproved by Mort~~~ee. E~ch policy of ~ miur~noe shall have ~tfixed thereto a Standsrd Ne~ Yort Mortp~ee Cl~use without Contribution. aukin~ sll loss or tosses under such ~~~~Y MY~ble to the Wlortp~ee as ~ts ~nterest may ~ppear. In the event ~ey sum a aums of ~ooney becaae p~yablc thereunder thc ~fort- p~ee shall have the optian to rece~ve and ~pply the s~ise on acco~t of the indebtedness hereby secured, or to petm~t the \lrnlda~tnr ~ to rxeive ar~ use ~t, or •ny part therco(, without thereby r~irinj a imp~irir?s any equity~ lien. or n~ht under and by vlrtue ot tAi. narl~a~e. In erent ot loa~ or physicsl dama~e to the mott~a{ed ptoperty the Mortqsor sh~ll ~ive ~mmedute noUCe thercuf by ma~l ° the Murt{~see arw) the M~xtEa~ee may make proof of loxa ~f ~he came ~s not made prub~plly by the ~tort{a~ar. In event ~rf (ure~ln~ure o( { BOOK~JO PACE~D Ill ; Yz ~ ~ : - ti : ~ ~ ~ r t. ° ~ .H~ Y "`"`~,#2,p,~~.,, R r ' ^ s~`~-