HomeMy WebLinkAbout2172 PRl)\"il)1~11. •~1.N.11'S. ~ha~ ~h~ \lurtgagor ~hall pa? unl~~ ih~ \lurtgagr~ thr ~ndebtednr~~ r~ i~rnrrd h~ a ;
~trtain ptumi..~~r~ nate__~~f which th. f~~ll~~wmg ~n ~urd~ and f~gurc~ a trut c~~py !i•-wil £
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~OZ~t ~C ~C ,
2~300.00____-_ Fort ..rce, ___April_ 10,___ 75
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FI ?K ~\Ll'E ltF.CF:I\'F:I) - - - I_ - prumi>~• tu pa~ ,
~,r _ NAT_ _FRIEIk~iAN_ and TILLIE_ FR T h:DMAN _ his wif e,_____.________
~?~r E,~~~?~~~~~a1,~?~~~ _TWO_THOUSAND THREE HUNDt:::U anc~ ino/I00----- ~>~~I,I,.~K;. ~„~;r~~~~•~ N~~~~ ~~~~r~~•.~
thrr~•un fru~u Jrtr at lhr ratr uf t~•n prn•rnt, p~•r ~nnum untii ~uaWrih•, bulh priucipal and iut~•rc.,t b~•inK ~~a~ablr in I~wful nwm•~ ul
th~• l'nitrd ~latr: at '~'.'_•i•l Iti•rayn~• (ihd.. ~liami, F~IuriJa. ur al ~u~•1? uth~~r pla~•c •r: th~• hulder• hcrcuf may J~'~Ie11JlP in NnUn~.
~ I'rinripal and interr~t pa~•ablr in in•talln?en4: rs fulluw.:
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~ FIFTY-FIVE ($SS.00) DOLLARS per month beginning on the lSth day
of June, 1975, and continuing on the lSth day of each and every
month thereafter until paid in full.
Th~s notcma~• bt prepa~d ~n whole or in part after one year from the date htreuf upon payment of a prnalty equ~valent!~
tu ri~ht prrrrut ~~t thr ~?rinri~~al ~um ~~r~•~~:ud. .
Ea~•h imtallmrnl p~ymrnt ~I~all l~~• rn•dit~•d lint un thr intrn•t du~•, and thr remaind~•~ un princip•rl: and inlrr~•t ~hali Ihrrr-
u~~uu ~•ra•.• u~~un thr ~~rin~•~p•rl ~n ~•n•dilr~l. -
'rh~• n~akrr. and ~•ndur. ~•n ~~f thi. n~~to furtlu•r a~n•r h/ wJIV~• lI~•maud, nuti~•~• uf nu~~•1~•r} nu•nt and prolr.l, anJ in tlu• ~vrnt ~uit
~hell br bruuKhl fur U~r ~•ullr~•Uu~~ hrr~•uL ur th~• ~amc ha. tu b~• cuUcctrd upun demand u( an atturn~y, tu pay rr.a•onaLlc att~rn~•y
ir~•. lur makin~ w~•h ~•ullr~•tiun. ~ I
t f 1rf~~r~d p•rym~•nt~ hrrrund~•r ~hall b~ ar int~•rr~t :+t th~r rate• of ten prn•~nt p~•r annun? ~rum maturity unlil F~aid.
~ "1'hi~ nutr i• K~•urrJ t~v a mnrt~rKe uf n•en date h~r~with and is to t~e ~on~trued and enlurced accordin~ to the law. ~~f thr
( ~tat~• of Flo~ida; upnn drfault in thr papm~nl of prin~•ipal aniUor intere.t whrn due, (he whole sum of prin~~ipal and iqtercsl
rri~~ainin~ unpaid ~hall, al thr optiun uf thr I~uld~n, I~ecom~ immediatel}~ due and pa}•able. r.~,
, i 1; ~ ~ t i y i~"L{.;,•~.!lt1~E:~L)
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~ 1'rcp~r~d by ~p~t'I~r 1~ T~ndn~h. 1tlorn~~. -'~'L311 Huca~•n~ Wvd.. ~liami: Fl~xida
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ar~J shall perform, comply with and abide by each and every the stipulations, agreements. conditions and cove- ~
nants of said prumissory nute and of this deed, then th~s deed and the estate thereby created shall cease and be '
null and voiJ.
1. The Mortgagor hereby covenants and agrees: •
(al To pay all and crosular the pr~napal and mttrcst and other sums o[ mo~ey payabte by v~rWe of sa~d promusory note and th~s
deed, or e~ther, promptty on ~he days respecuvcly the ~ame se~•erally becomes due.
Ib) To permi~, commrt w suffer no waste a~d to ma~num the ~mprovements at all t~mes m a state o( good ~epair and cond~UOn, and to
do or perm~t to be done to sa~d prem~ses no~h~ng that w~ll alter w chanse the use and character of sa~d properly or ~n any way ~mpau or
wtaken the secunty of th~s mort6age. And ~n case of the rcfusal, ne6lect or mability o( the Mortsagor to repair aed ma~nu~n sud proper-
ty, the A1or~saEce may, at his opt~on, make such repairs or cauce the same to be made, and advance mo~eys ~n that behalf.
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! (c) To pay all and c~n6ular the uaes, assessments, lev~es, lubil~hes, and obl~gahons o( every nature on sa~d descnbed property each
! and every when due and payable accord~ng to law, before they become del~nquent, and to delwer to the Mort6a6ee on or before March
j 15th ot each ycar taR receipts ev~dencmg the paymrnt ot all lar•fully ~mposed taaes for the precedm6 ealendar year, to ~odemndy thc
€ Alatsaate upon h~s demand (or all uxes, assescmrnts and char6ec that may be assessed upon th~s mwt~a6e on the mdebtednecs
~ cured hereby, anJ paid by ~h~ mortgagee, w~thou[ rc6ard to any ia.r heretofore enacted or hereafter to be enacted ~mposm6 ~aymee~ o:
~ the ~hole o~ any ~art thercot upon the AfortR~6«-
q (dl To pay all and singular the costc, char6rs and expenaet, mcludmg lawyers' (ees and abstract costs reasonably incurred or pa~d at
any ume by the !11or~gagee becau.e o( the (a~lure on the part o( the ~tortgagor to perform, comply w•~th and ab~de by each and every Me
~ stipulat~ons, agreements, cond~t~ons and covenants of said prom~ssor~ note and th~s deed, or ehh~r, and ev~~y such'payment shall lsear
@ ~ntercst (com date a~ ~he rate of ten 110
~1 per a:tntum ner annune.
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~ (e) It is turlhu co~ena._':: and ~~reed by said p~rties that in tAe evem o[ a suit beio~ iestituted to foteclose this mal~a~e. the Mat•
~a~ee sh~ll be enti~Ied to ~pply st snr time pendin~ sucA toreclosure suit to the court havin~ jurisdictim lhereot fot the ~ppomtment
~ of a receiver of ~11 and aiejular the mort~~~ed prapeny, and ot ~11 renb, incaees. profita. isaues aeW rerenues thereof. from rrAataxver
source derivcd; and thereupon it is hereby expreasly coren~nted aod ~~reed th~t U~e Court sAall forth~ith appoiet auch receiver v~th
the usu~! pwrcrs ~nd duties of receivera in lite e~ses: and s~id ~ppointment shall be made by We court ~s ~ mattet of sttic~ ri~ht to
the Mortsa~ee, and ~it6out re(erence to the sdequacy w~nadequacy ot the value of t6e property hereby mort~a~ed. or to the solvency
~ or insolvency of tAe Mort~asars or any other yarty defendant to sucb sui~. The Mort~~~ot hereby ~pecitic~lly ~raivea tht tiaht to object
~ to the appoinueent of ~ receiver ~s afaesaid ~nd hereby eapressly cansents tbN sucA •ppointsent sh~11 be ~ade ~s ~n admitted equ~ty
~nd ~s s matter of ~bsolute ri~ht to the i?torts~~ee ~nd thst tAe s~me may be done without notice to tAe IKwt~a~or.
~ (f) It forcclosure proceediap should be instituted ~~~inst the property corered by this aortp~e upon any other lien or claim whether
~ •Ile~ed to be superior or junior to Ne lien ot this mort~~~e. the Morts~~ee may at his option im~eedi~tely upon institution of such suit
~ or durin~ ~he pendency tdereof decl~re this mort~~~e •nd the indebtedneaa secured hereby due ~nd p~y~ble fathrrith and msy at itt
~ option proceed ~o foreclose tbis mortpae.
, That ths Mort{~~or rill teep sll rtal ~nd pe~sonal property no~r or herestter encwsbered by the I~en of tAis mort~a~e ~nsured as msy
_ be required froe~ time to time by ~Ae Mort~~~ee aa~inat loss by tire, Mindstam and other haz~rds, c~swlties ~nd contin~encies tor such
per~ods and [or not less Waa such aaaunts ~s isay be requ~red by the Mort~a{ee •nd to p~y praaptly rhen due all prem~ums for such
insur~nce. 'ibe amounu ot ieuur~nce required by tAe 61wt~~~ee s6a11 be the minimwo ~mounts for rAicA s~id ~nsursnce sha11 be rntten
and it shall be iecumbeat upon the Mortss~or to winqin such ~dditional insuraace as nuy be necessary to seet and canply fully rith
~ ~11 co-insur~nee requiresents contained in s~id policies to the ead that the s~id Mort~~~or is not a cainsuror thereunder.lesurance
~ shall be rrrittee by i toapany o~ coopaaies ~pptoved a desi~nated br the Mortia~ee aad ~11 policies and rene~rala tAereo( sA~ll be Aeld
by the Nottp~ee. All detailed desi~aations by the Mort~a~or rh~ch ue accepted br tAe Mort~a~ee and all yreements Aet~een Mats~ior
~ and Mort~~~et rel~t~ns to insuranee, novr eaistins or here~fter made. sh~ll be in rritin~ and sA~ll be ~ part ot this nart~~~e a~reenent
ss fully as thoush set fath verb~eim herein ~nd shall ~overn botb partits he~eto and their successors and assi~ns. No lien upoe ~ny of ~
K ~aid polieies ot insurance or upae aay refund or retum premiua? whicb o~y be p~y~sle on the t~eeell~tion ot tc~e~ination thereot, shall 3
a be ~iren to aher rhan tde Mat~~~ce, eacept by p~oper endorsement ~ffi:ed to aucA policy and approred by Mati~~ee. Each policy of '
~ insur~nce ah~ll hwe •(fi:ed theroto ~ St~ndud New Yotk Matp~ee Cl~use MitAout Coatr~butian. nukins all loss or losses under such ~
$ politY p~Yable to Ihe Mot~p~te as its interest eaaY ~ppe~r. In the erent ~ny swa or swss ot money becoae paY~ble thereunder tAe ~1ori- ~
;x, p{ee sAsll Mre the option to rece~re and apply the s~se on ~ccount o( ~Le indebtedness Aereby secured. or to permit the N~r~~aEnr i
~ to receive ~nd use it, a~ny p~rt thereof~ without tAereby rr~ivin~ a ia~p~irin~ any equitr~ lien. or n~ht under snd by v~rtuc of ~h~. ~
~ mortp~a !n evenl of losa or pAysical dama~e to the mort~~~ed poperty the Mortp~o~ sh~ll ~ive ~mmedute nohce Ihereo( by mail 1~. ~
~ the Murt~~~ee anJ Ihe bMr~Eaiee msy make proof ot toss d the a~me ~s not madt promptly by 1ht Matds~a. (n event of (we~ln.ure ef ~
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~ . $OaK ~J~ ~AGE
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