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Home My WebLink About2085 , . , r. . r ~ F'ROVIDh(1, ALWAYS. that if the ~lortea~or shali pay unto the \brt~a~ce the indebtedness cv~dencrd h> a ~trta~~ promi~~o~y note of which the followin` in wotds and (igures ~s a ttue copy to-wit~ . .~~..r....__ _ " ~'JJCo~tg~~ 3c 1Zat~ ~ --1 ~.2Z5 . 00 Fort l~ .rce , i~i~~~~~i:~ April--12 -75 ~ FINt ~':~I.t~F: Ith:~:h:~~'N'~~ _ W_E,_~ointl~r _and _sev_e.rallyi___ pro~~~~~~• ~„p~. - - - - t~~ tli~• ~?rd~•r~~f NAT FRIEDMAN~ _ TRUSTEE._ - _ - _ - . ` ; thr pnm~i~~;~l ~,r _QNE_THOUSAN_p_T~LO_~UNDREU SEVENTY__FIVE and~S~~1~QS~~, tu~rth~•r Nith intrrr~t ~ thrrrun (rum datr at tlu• ret~• ul t~•n perce~it, pr~ annun? witil mawnty. bulh pritu•ipal and int~•resl L~•ing ~?a~~at~lr in lahful iuw~r~ ul 1hr l~uitrd ~tatr• at :.''.'.-1-1 Iti.~~a~nr lil~d.. ~liami. F~lorida. ur at ~uch utl~cr placc a• tlu• huldcn liercuf ma~• d~.•i~natc in wnUnF- 1'rincipal and intrrr.l payablr in in~lallmrnt. as folluw~.: THIRTY-FIVE ($35.00) DOLLARS per month beginning on the 15th day of June, 1975, and continuing on the lSth day of eac'h and every month thereafter until paid in full. ; , - . ~ Th~s nutc ma~• be prepa~d in ~vhc*le ot in part after one pear from the date hereuf upun payment of a penalty eyu~val~nt~ ; tu ~•~~li! p~•rr~•nt ~~f lh~• prin~•ipal ~~un pn•pai~L ' f:arh imtalln?rnt pa}~uirnl ~I~all br ~•mditrd fint un thr interr~t due, and th~• rrmaind~r un principal: and intere,t ~hall Ihrrr. : ~ u~~un ~~rav upun thr prin~~ipal ~u rn•dit~•d. . Tl~r makPn and rudur. ~•n ul tlii~ nut~• furlhrr a~rr~• tu wa~v~• d~•~n•rnd, nutic~~ of nun•{~a~ mrnt and prutr>t, atid in th~• c~rnt ~~~il ~ ; -h~ll br bruuKht fur tl~r rullrct~un 6creu[. ur thr .ame has tu br cullecled upun demand u( an atturney, lu pa}' «awnabl~• altornr~ :i iur makin~ wch ~~ullr~•tiun. ' ~ f 11~•i~tn•d paym~•nt~ h~•rrund~•r ~hall hrar intrn•.1 aI th~• rat~ of ten percrnl pPr annum frum maturity until ~~aid. ~ "I~I~i: notr i~ ~r~ur~J hy a mort~,*rKr of rven dat~ hrrewitli and is to tK ~on.tni~d and enfur~ed accorJinK to thr law. c~[ tfir ~ ~tat~• f~loriJa: up~n deiault in th~ pa~•mrnt u( principal ao~l/or inter~~l when due, the whole wm of principal and intPr~•t ~ r~•~ne~n~ng unpaid .h~ll, at th~ option of thr hulden, t?ecome immediate~ ue and payaLle. I ` ~ ' \ t--L~~~l ~ / ' ~~l'lf/ "l~~`'~ (~EAL) ~ s• ~ ~ ~ ` i ' ` ~ : I - ~ . ` - (1F.Al.) ; ~ Prrp~rrd hy ~p~rl~r K 7~ndnrh. -luorn~}~ -'~'~•lll R~.caynt filvd.. ~liami. ~lurida ar~d ~hall perform, comply with and abide by each and every the stipulations, agteements, conditions and cove- nants of tiaid promissory nute and of th~s decd, then this deed and the estate thereby created shall cease and be null and voiJ. 1. The !Nortgagor hereby covenants and agrees: " la? To pay all and c~n~ular the pr~nc~pal and ~nterest and other sums of money psyabte by vrtwe of said ptom~ssay note and this deed, or eether, p~oa~ptlY on the days respectively the same severally beco~aes due. - lbl To perm~t, comm~1 or suffer no ~raste a~d to,ma~ntsm ~he ~mptovemeau at all umes ~n a state of ~ood repair and condwon, and to do « perm~t to bc done to sa~d prem~ses noth~n~ that r?11 alter or chan~e the use and character ot said property or ~n any ray ~mpau or Meaken the securuy o( th~s mort~aae. And ~n case of the re(usal, ne{leet or ~nab~lity o( the Mort~a6or to repair ar.d mainuin s~id proper- ty, the Mortsaeee mav, at his opt~on, make such repa~rs or cauce the same to be made, and adrance moneys in that beh~lf. (c1 To pay all and c~n~ulu lbe uaes, assessments, Iev~es. I~ab~l~ties, and oblisat~ons ot every nature on said desetibed property each ~nd every when due and payable accord~ne to law, tief«e they become delinquent, :nd to deliver to the Mort~a~ee on or befae March ` IS~h ot each year ta~ receipts ev~dennn6 the psyment o( all lawfully ~mposed taxes [or the precedinb esleidar year, to ~ndemm(y the ~ \fat~a6ee upon his dem~nd for alt u:es, a.sescments and chuses that msy be sssessed upon this mortea~e on the indebtedness s~- ~ cured hereby, and paid by the morteaRee, w~thow re~ard to any law hereto(ore eaacted or hereatter to be enacted impos~ns ~ayment o: the w~hole or any ~art thereo( upon the Mort6~6~~• ~ Id) To pay all and sm6ular the cotts, charse. and e~pencex, indud~n6 la~ryers' fee~ and abstnct costs reasonably incurred or pa~d at ~ any ~~mr hy the !11or~Ea6« becau.e of the (a~lure on the part of the Martsa~ot to perform, canply w~th ancl ab~de by each and erery the ~ .t~pulauons, a6reememc, condwons and covenants of said pran~ssaY note and th~s deed, or e~ther, and e~ery sucA'payment shall beu q ~ntrrest ftwn Jate at the rate of ten 110qc1 per centum per annum. ~ (el It ~s furtDer covenanted and a~reed by sa~d parues that m the event o( a su~t bems ~nsuwted to (oreclose th~s mortpse, the M«t- ' s 6a~ee shall be entitled to apply at any t~me pendin~ such (aeclosurt su~t to the court hav~ns junsdict~on thereo( for the ~ppo~ntment ~ uf a rece~rer of all and cinsular the mortsa~ed property, and of all rents, ~ncomes. profits, iasues and revenues thereot, from +hatsoever ~ ..wue denved; and thereupon ~t ~s hereby eRpressly covenanted and a~reed tMt the Coutt shaU forthMith aypoint such recaver ~r~~h ~ the uswl powers and duues o( tece~~ets in like c~ses; and said sppo~ntment sfiall be made by the court as a matter of stric~ n~ht ~o ~he Mext~asee, and w~thout reterence ~o the adequacy or ~nadequacy uf the value of the property hereby mort6aEed, a to ihe colvency ~ ur ~nsolv~ncy of tAe Mortaa~ors or any othet party defendant to cuch suit. The Mort6a6or hereby specit~catly vaives the njht to ob~ect S ~o the appo~ntment o( a receiver ac a(oresaid snd hereby eapressly coosents that such appo~ntment sh~ll be made as an adm~tted equity @ and as a matter of absolute n~ht to tAe Matpsec and ~hat the same may be done w~tAout notice to the Mortsa~or. ~ IO If torectoswe proceedm{s should be mstiwted apinst the property corered by tAis nartp~e upon any other lien a cla~m whether ~ - rlle6ed to be superior or ~unior to the I~en o( this mat~~~e, the Mortsa~ee nuy at h~s opt~on immed~stely upon ~nstitut~o~ of tiuch su~1 or dunn~ the pendency thereof declare this mort6~~e snd the ~ndebtedn~ss secured hereby due and payable forthw~th and may a~ ~s. ~ ~ option procecd ~o fweclose th~s mort~aaa i : Tha~ the Matp~or will keep all real ~nd personal property now or herea(ter encumbered by the I~en of sh~s mortsa~e ~nsured as may " hc reqwred trom time to time by the Mort~a6ee apinst loss by (ue, winds~orm and other hazards, caswlues and conunEenc~es fur such ; psr~ods and ior not tess than such amoums as m~y be requued by the Mort~a{ee snd to pay promptly when due all prem~ums f« such w~ msurance. T1~e ~mounts of ~nsurance requ~red by Ne Mort{asee sh~ll be the mlmmum aawunts tor vhich sa~d msurance shall be wr~tten ' and et shall be ~ncumbent upon the Mortsasor to sunuin such sdd~uonal ~nsutmce as may be necessary to meet and compty fully ~r~th ~ all cw~nsurance requirements conta~ned ~e said polic~es to the end that the said Mort~asor is not a co-~nsuror thereunder.Insurance i ; ~hall be wnttee by a compsay or compan~es apptoved or des~~naled by the Moreta~ee and all pol~c~es and renevals thereof shall Ae held ' ~ by the Matpsce. All detsiled desi~nat~ons by the Mort~a~or wh~ch are accepted by tAe Mot~~atet and all asroements between Alortsa~a and Mortss~ee relat~n6 to ~nsur~nce, no~v e:istin~ w Aereat~er made, shall be in wntin~ and sAall be a part o! tAis mortp~e a~reement as tully ss thou~h set («~h vttb~t~m herein ~nd shall {overn botA parties hereto and theu successors aed ass~~ns. No I~ee upon any of ~ s~id poliues ot msurance w upan any ?efund or retum prem~um wh~eh m~y be p~y~ble on the uncellation or Iermm~tion thereof, shall ~ be ~ven to other ~han ~he Mat a ee, e~ce t b r endorsement •((iied to sucA luy and a oved b Mort a ee. Each I~c o( y; t t i D Y p~~ Do VD~ Y i~ Po Y ~ insurance sA~ll hsve af(~:ed there~o s Sundard New Ywk Mort~s~tt Claust rithout Contnbut~on, makins al) losser losses under ~uch ; pohcy paysble to ~he Mor~q~ee as ~ts ~nterest may ~ppesr. In Ihe e~eat aay sum w sums ot money become payable thereunder the ~1ort- :i Ka6ct shall hare the opuoe to rece~ve and spply the same oo account ot tAe ~ndebledness Aereby secured, or to perm~~ IF.e \tortEagnr ~o receive and use ~t, a any part thereot, w~~thopt thueby varvma or impunn6 any equ~ty, hen, or n~h~ unde~ and Ay vu~uc o( th~~ " m«~~ase. In erent of loss a phys~ca) dama~e to the mor~sa6ed properly the Mort6a6or shall S~ve ~mmed~ate nohce ~hereo( by rc~~l t~~ 1 ~ thr \twt6a6ec ~nJ ~h~ StnrtEaRee m~y makc prn~~f o( I~n~ ~t thr vamc not mad~ prwnptlY by tht Nat~a~a. In evrnt n( (ure~ln.ure of _ ~ • 6D~K ~~S ~ACf O ~ ~ 2 82 ,~~x ~ _ _ t~. ~ ~ r ~ ~ ~ ' Cy.s„`' _ - hyl 0 x. Y ~ - j