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HomeMy WebLinkAbout2756 t • PROVIQEf1. ALWAYS. that ~f the ~lortga`o~ shall pay unto the ~1ort~a~ee the indebtednzca evi~encad hy a cr~lain prom~s~o~y note of which the follow~ne in wotds and fi~ures ~s • true copy to-wit- ~aztq• 3t ?Za~e . ~ ; 5,450.00 _ _ Fort I' i rce,__ April 19,__ 7 F'~~~t ~~~~~.t~N: ~t~:t:r:~~ WE ~-Joi ~~tly and severally, - tu ~~a~ _HARVEI' GOOD and ELIZABETH ~:t~QD his ca~.~e. `~~~r E~~~~~~~~E~:~I ~?f FIVE THOUSAND_ _FOUR_HUNUi::.D _F'IFTY_ an no/IOQ~,~I.I.~~It~. ~~~~~•~~~~•~..~i~~ thrn•~~u Gu~n Jatr al thr r.+l~• uf Irn ~~rn•~•ul. ~~rr annum w~lil malurih, bulh prin~•ipal and iul~•n••t brin; pa~ablr u~ I~Nful mu~n•~ ul , ~hr l~n~trd ~tatr~ al ^_:'l•~ fii.r.i~nr lihd.. ~lian?i. Florida, ur at ~u~•h uth~•r pfa~~c a, th~• huld~~r• hrr~•uf ma~' dr,~~nal~• in Mritiu~. ~ I'rin~~i~~al and ~nt~•r~•d ~~J~:lL~Ir in in~laUnu~nt~ a, fulluw.: I ONE HUNDRED TtJENTY-FIVE ($125.00) DOLLARS per month beginning on the - 15th day of June, 1975, and continuing on the 15Ch day of each and every month thereafter until pai,d in full. ~ Th~s n~~te ma~• br prepaid in ~~hule or in pa~t after one ~•ear from thr date h~reof upon pa~mcnt of a penalty eyu~val~ t lu ~•i;,~l~t ~~rn•~•nl ~~1 thr prin~•ipal ~n~n ~~n•~~.~i~l_ . I F:a~•h in~t.illm~•u[ pav~nrnt ~hall b~• ~•n•:lit~•~I I~rt ~~n thr mtcn•.t dw•, and Ih~• n~inaind~•r un prin~•ipal: and inter~•t >hall tl~rn u~~un ~•~•a~r upun Ih~• priu~•i~~al ~•r~•dit~•d. ! 7 hr niakrr- and ~•ndur~r~~ ~~f th~~ nut~• furlh~•r a~n•~• U~ Na~w• d~•~nand. nutir~• uf nun-~~a) ~urnt and ~~rutr,t, rnJ in th~• ~~~~•ut ~u~! ~ ~-hall 1~~• bruu~;ht lur th~• rull~•~•tiun h~~r~•uf. ur th~• .am~ ha~ tu L~ cuU~•rt~•d upun d~•~nand uf an alturn~•y, tu ~~a?• ~~•a.unablr atturnr~ ~ ~ f~•r, lur makinR ~u~•h ~•uU~•~•tiun. ~ ; ~ ~ I)~f~rr~~d p~~ nu•nt~ hrn•undrr ~hall hrar intrn•st -rt the ratr uf ten prr~rnt p~~r anuum from maturily unlil paid. { i: 'fhi~ nutr i~ v~•urr~i by a morl~a~r uf rv~n Jatr h~mwith and is to tK ~•nnstrurd and enforred a~cordinK to thP IaM. ~~f thr ~ ~tatr ~?f Florida: up~~n Jrfaull in th~ pa~•mrnt uf prin~~ipal and~o~ inte~r~t Mh~o due, the whole wtn o( prinripal and int~rr.l ~ r~•m~ininK un~?aid ~hall. at thr optiun uf th~ huldrn, be~ome immediat~ly du ~and payable. ~ ~ i ~ t S/ .'_~i _f ~ _~i I ~ - ~~I•:,~1.) 1 ~ S ` ~ (`F.:~I.) I F'reparr~t `prl~r A f~ndn~h. ~Ilomn• 2_'111 Hi.rayn~ iilvd.. ~tiam~. ~ida ar~J shall perform, axnply with and abide by each and every the stipulatiuns, agreements, conditions and cove- nant~ of tiaid promissoty nate and of this deed, then this deed and the estate thereby created shall cease and bc null and void. 1. The Mortgagor hereby covenants and ag~ees: ~ la) To pay all and ~~nsular the ptinc~pal and ~nterest and other sumc ot money payable by virtue ot sa~d prom~ssoty note and th~s deed, ur e~tAer, proaup~ly on tAe days respecuvely the same severally becomes due. Ibl To perm~t, comm~t or suffer no Waste aod to mamtam iAe ~mprorements at •II t~mes ~n a statt ot sood cepa~r and cond~uon, and to do a perm~~ to be done to sa~d prem~ses noth~n~ that w~ll alter or chan~e tAt use and cAsracter of said property or ~n any way ~mpa~r or ~eaken the secunty of lh~s mor~p`e. And m case o( the retusal, ne~leet or mabi6ty of the Mortp~or to repair ar.d ~ea~nu~n said proper- ty, ~he Matpeee mav, at h~s ophon, make such repaus or cauce the same to be made, and sdvance moaeys ~n that behalt. Ic) To pay all and `insular the taa:s, assessments, lev~es, IiaDil~ties, and obti~~tions of every nature on ss~d described property each and erery when due and pay~ble accad~na to la~r, befae they become delinquent, and to de{iver to the Mortiasee on w before March 15~h of escA year Iai receip~s ev~dencma the payment of all la~fully ~mposed taxes for the preced~na calendar year; to :ndcmn~fy the Afatsa6ee upon h~s demand for all Uxes, a.sessments arni char~es that may be assessed upon th~s morlsase on Ne indebtedness n•- j cured hereby, and pa~d by the mort~aaee, r~thout regard to any la~r heretofore enacted or herestter to be enacted imposme ~ayment o: the whole oc any .qrt thereof upon the Mortea6ec. ! (d) To pay all and ~~n~ular the costc, charses and expenaes, includ~o~ lavyers' lets and ab~tract costs reasonably incurred or paid at i any umr Ay thc Ma~eagee bec~u.c of thc fa~lure on the part of the Mortaaaor to perform, canply with and ab~de by each and every the ~ cUpul~tsons, a6reements, conduions and covemnts o( sa~d prom~ssay note :nd th~s deed, or sHher, and every such'payment shall bear ~ intrrest (rum date at the rate of ten UO~) per centum per annum. ~ lcl I~ ~s further covenaated and a~reed by sa~d pari~es that ~n the event ot a suit be~na inst~tuted to to~eclose th~s mott~aee, the Mor~- i ga~ce shsll be enti~led to apply at any hme pendm~ such toreclosure su~t to the court harin~ jur~sdichon lhercof tor the appomtmene ! u( a receiver o( all and sineular the mor~~ased proper~y, and ot all rents, mcomes, profits, issue~ snd revenues thereot, from whatsoever ,~wrce denved; and thcreupon ~t ~s hereby eapressly covenanted aad asreed that the Cwrt ~hall fwihrith appoint sucA rece~ver wiih ~ the usual powerc and duues of receners in like cases; and said appointment sh~lt be made by ~he court as a mstter of +t~ict n~ht to ' ihe !11r.r~~a~ee. and w~thout ~eterence ~o the adequacy a inadeQuacy uf tAe value o( the proper~y hereDy mor[~a~ed, or to ~he colrency ~ .~r ~nsolvency of the Mor~tators a any aher party defendant to sucA su~t. The Mortea~or hereby spec~f~cally ra~ves the n6ht to ob~ect E to the appomtmen~ of a rece~ver ac a(oresa~d and hereby eaptessly consents that such appomueent shs11 be wade ss an adm~Ited equuy and as a ma~ter o( absolute ri~hl to the Mqrt~a{ee and that the same may be done W~chout notice to the Moft~a`oc. (f) If faecloyure proceedm{s should be ~nstiwted a~amst the property covercd by th~s enort~ase upon any other I~en or cla~m whether ~ alle6ed to be supenot or ~unior to the I~en of th~s mort~a~e, the Mortsa~ee may at his option immed~ately upon mstitut~an o( such su~t E cK dunns the pendency thereot declare th~s morti~~e and the indebtedness secured hereby due and payable (ortbwith and may at ~iti ophon proceed to toreclose tA~s mat~a6e. ; (s) Th~t the Mortp~a will keep all rtal and personal property nor a hereafter encumbered by tht I~en ot this mataase insured as may f bc required from time to time by the Mortp~ee a~amst loss by t~rc, ~x~nds~am and other hazards, casualhes and conun6enucs fur ~uch per~ods and (or not less than such amoums as may be requ~red by the Mortp~ee and to pay D~~D~~Y wAen due all prem~ums (or such ~nsurance. The ~aaunts ot in~ur~nce requued by tAe ~lort~~aee sAall pe the min~mwo amounts [or wA~ch sa~d ~nsurance ahail be wr~tten and ~t shsl! De ~ncumbent upon the Mort~a~or ~o ma~ntam such addiuonal insurance as may be nece~sary to meet and comply (ully W~th all co-~nsurance requ~remenes contained m sa~d pol~cies to the eed that the sa~d Mort[~dor ~s no~ : co-~nsuror thereunder, fnsurance ~hall be wr~tten by ~ company o~ compaaies approred or des~snated by the Mwt~a~ee snd ~II pol~c?es and ~enev~ls tne~eof sha{I be he1J by the Matp~ee. All detailed des~~nahons by the Mort~asa wh~ch sre accepted by ~he Mort~a~ee and all asruments betreen Mortastor ~ snd Mort~a~ee rel~t~e~ ~o insur~nce, now eaisttn~ ot hcre~fter made, shall be in ~rntins and sh~11 be a patt ot th~s mat~~{e sjreement ~ as fully as tAou~h se~ forth verbsum herem and shall ~overn bo~h psre~es hereto and theu successors and ass~~ns. No lien upon sny of ~ said pohc~es of msursnce or upon sny re(und w return premium which msy be p~yable a? the cancellaUOn a termmat~on thereot, ~hall i ' be ~iven to other ~han Ihe Mort~~see, except Dy proper endwsement •(fiaed to such pol~cy and ~pproved by Mort~~~te. Each pol~cy of msurance ahall havt af(~ied thereto a Sundard Ntw Yak Mort~a~tt Clause w~thout Contnbuuon, makmt all loss or losse~ unJer ~uch ~ pohcy payable ~o ~he Mat~a~ee as ~ts ~nterest m~y appeu. tn the eveet any swn ot sums of money btcoae psyable tAereunder the lfort- Rasce cA~ll hare ~he option to rece~vc and •pply tbe ssme on account ot tAe mdebtedness Mqely secured, or lo perm~t ?he \InrtEaR~~r ' to rcce~re and ust ~t, or any part tAercof, w~thout thereby vaiv~n~ or impaum~ any-'epuiljr, lien, or n`At under and by vutuc of th~. ~ morl~aae. In event of loss or phys~ul dama~c to Ihe mort~a6ed property the tlfort~a6w shsll e~vt ~mmedistt nobce thernot by rta~l t.~ ~hr \1.rrt6a6ec rnJ ~ht MnriRaEee m~y mak~ ptoof o( I~~~ thr ~~mc nat madc prumptly by the ~1ott~a~or. In event ot (ixe~lo.ure o( • ' L ~ eo x 2~ ~c~27~~ I ~ x ; ~.s.>, ,'~e~i r --,1 ' ~ »'F'x+.""E~~y~ r . _ . . ~ ~F~ - . . . . _ :..r.~~« ~''°ave' : . . _