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HomeMy WebLinkAbout2016 i ~ ~ . M• PROVIDED, AI.WAYS, that if the Mortgegor shall psy unto the Mortgagee the indebtedness evidenced by a certain peomissory note oi which the following in words and figwes i~ a true copy tawit: ~4Z~~ ~ 9,175.00 Fort Pierce, F'M~ida August 2, 75 Fl1R VALIiE NF.t:E1VEU_ WE~~Olt~tl_~$nd ~V~rell~s__ promi:e tu~,ay t,~ the urdrr of _~1WRENCE ROGOVIN aTid E INE G. ROGOVIN hi s w~~ o- ` -s ~Q the principal ~um o( NINE ~QU$A~_~~~~Q S~~~Y~FIVE 8nd lN)I.l. K.~, togrthrr with intrrr~t thrreun (rorn date at thr rat~ u( lrn pen~ent, per a~num until maturily, both principal a~~d intrrest t~r.ing payable in lawful monr~ u( ~the l;nited ~tales at '~'.'.-kl fii>cayne BI~•J., ~tiami, FIo~iJa, o~ at wch otF~er place ar. the holde~ heroo( may de~:ignate in writin~. ~~'rincipal and interect payable in in.taliments u: (ullows: ~ 4 ONE HUNDRED NINETY-FIVE ($195.00~ DOLLARS per month beginning on the 15th day of October, 19~5, and continuing on the 15th day of each and every month thereafter until paid in full. Th~s note may be prepaid in v?~hole or in part after one yeac from the date hereof upon payment of a penalty equivalent t~~ ~•ig6l prrc~•nt uf tl~r ~~rin~•ipal ~um pn•paiJ. ~ F:~ch in~tallmrnt paymrnt ~I~all iK credited fir~l un the interest due, and thr rrmainder on principal; and interr~t ~hall tlu•n•- u~H~n rrasr u~wn the principal ~•rrditrJ_ Thr mak~n and .•ndu~en of thi. not~ furth~•r agrre 1o waive de~nand, notic~• of nun•`~a~•m~•nt and prote.l, and in the ev~nt ~uit ~hall l~r bruuKht (or thr cullrction herroL or the same has tu be collected upon demand o( an atturney, tu pay ceasonable attorney~+ f~•r. fur making >uch cullrMiun. 11~fernd payment~ herrund~r •hall bear intem•t at the rate of ten percent per annum f~m maturity until paid. This not~ i.~ srcurcd by a mortgag~ o[ even date herewith and is to be construed and enforced accordinR to the laws o( the I tat~ o[ florida; upon drfault in th~ payment of principal andlor interest when due, the whole sum oi principal and intrrest r.~maining unpaid •hall, at th~ option of the holderr+, become immediately due nd payable. I 5'~ - ~ - t~Eal.) ~ , . (sh Pr~p,rr~d ~y ~pkler & Tendrich, Allt?mtyc - 2Y~t0 Biscayne Wvd.. 111iam~orida and shall perform. comply with and abide by each and every the stipulationa. agreements, conditions a~ covenants of said pmmissory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. 1. The Mortgagor herehy covenants and agrees: 1~1 To p~y all ~nd singu4r the prindp~l aad interest aad other wm+ of mone~' WYab1e by virtue of said promissory note and thie deed. or either. P~'o~Y oa the daya respectivcly the same severalty beaomes due. 1 bl To permit. commit or auHer no wwte aad w m~intain t6e improvementa ~t all times in a atate ot good rop~ir and caidition. ~nd W do or permit W bs ° doos W aaid premixs nothing that will aka or c6ange the use and ch~raeter of said ProPertY or ie aay way imp~ir or weakea tbe ~ec~aity of tLis ~ mortgage. Aod in ase of the refusal, aegkct or inability of tl~e Mortgagor to repair aad maiatain said proptrty. the titortgagee mey, at Ais optioo, make suc6 repairo or cawe the same to be rt~ade. and advance moneya in that beAalt. Icl To p~y all and singular tFu tases, assessmenta, levies, liabilities. and obiigationa of e~~ery aature on aaid dexribed property each and every w6m due E and p~yab{e aceording to law, before tdey become delinquent, and to ddiva w t6e Mortgagee o0 or betore Marc6 15th of e~ch year tu naipts : ~ evidencing t6e p~yment d all I~wtuUy imposed tazes for t6e preoeding calmdar ye~r: to idemnity the Mortgagee upoa his demtod f~ all tau~, ~ssess~ ~ j meots and thvgas t6~t m~y be aseesxd upon this a~ortgage on the indebtedaess sec~ued hereby. and psid by the morgage~e. without regud W any l~w ~ liastoforo enaeted or 6ere~fur co bs en~cted imposng peyment of ebe whok or any put thereoi iiQon the Mortgagee. ~ ~ ~ Idl To g wy~s' tees and abstrace aosb reaaona WY aA and unguler the caete. chtrges and espen+es. iacludin la bly in~vrred or p~id at ~ay time by the ~ i Mortga~ee hecaux ot che tWure on the p~rt of the Atatgagor to periorm. oomply with and abide by esch and every the aRip~ilatioa~, a~?ts, ~ cooditioaa ~nd oovenanc~ of said promissory noce and thia deed. or either. and ewery aueh p~yment shall besr inteiest irom date at the nte of ten f 10961 ~ E per centum p~ annum. I ~ iel It is fiuthet ooveesnted and agreed by said parties that in the event of a aait beiag iastiwted W forecbae thia mortgaae, tbe Mortgagee aAaO be ~ entitbd to ~pply ~t any time pe~ding such forecloaure auit to the oouct h~ving juri+diction thereof for the ap~poiqtmmt of a reoavQ ot all and siognl~r ths ~B~B~ ProP~Y• and ot all reats. i~ne~. P~t+. i~sues ~nd reveeua tlxreof. imm whatsoever souroe daived: and t6vaipon it is 6ersby e:pres~r ~ cweaaaced and agreed tlut the Court shall torihwrit6 appoint such reoeiver wit6 the uawl powae ~nd duties ot reoeivas in like eaxs: and s~id appoiM ment sh~U be made by the cwrt ss ~ mauer of sRriet right w the Martgagee, ~nd without refermca to t6e adequaey ar inadequ~cy of tAe valus of t6s pro- ~ ~ pertp hereby matg~ged, or w the ~otvmcy or insolveocy of the ltatg~gors or any other qrty defandant to axL suii '!be MaRgago~ hnsby apse3t• : ~ iaLy waives ths right W objeet W the appoincmart of a reaiver ae aforesaid and hereby e:pres.sly ooaxnts that wc6 appaiatmeet slrll bs m~ds u~n ± ~ admitted equity and ~s a matter of abaolute right w the Mortgsgee and thst the s~me m~y be doce wit6out notice w cbe Mortg~gor. ~ ~ Itl I( f«ecloaure prooeedings should be insutwed a~~irot t6e property coveied by this mortgage upon any otlkr lien ur cl~im w~6ether allsged to be ~ ~ superior or junior to t6e lien of thie mortgage. the Nortgagee rn~y at his option immediatdy upon instit~#ia? of such suit or during the pendmey thereot 7 ~ deelare this matg~ge and the indebtedneas secured hereby due and peyabk tort6with and may at its optim prvoeed w torocioee this moctaagn ~ 1 gl'llut the Nortgagur wiU keep all ~eal snd persoml property now or heeafter enwmbered by the lien of thia m«tgage insured u may bs required from ~ t time w time by the Mortgagee against b~ by fire. ~vindatorm aad oth~ h~sards. casualties and oootin~ncies far such petiods aod tor not leas t6~n ~ ~uch amounta as mey be required by the Mortgagee and w p~y promptly whm due all pre~niwa~ for sueh iawnnce.'11~e amounts of i~unnoe ceqnired ~ by the Morga~ee a!?aU be the minimum amounts for which said imurance sh~U be written and it ~hall be incvmt~ent upon t6e Matgag~x W m~int~in sa~h ~ ; additional insurance u may be neoess~ry w meet and comply fally with dl co-insuram requir~enta aontained in aaid poticies w the ad th~t tbe aaid ~ ~ Mortgagor is not a oo-insura thereunder. 1 nsur~nce ehall be wriua~ by ~ oompaay or oompanies ~ppmved or designated by tAe Mwtg~~es and dl poli~ ~ : cies aed renewala theieof ehal! De held by the Monga~ All detailed designations by the Mortg~gur w6ich ~re aooepted by the Mortgagee and all ~groe k menta between Mortgagor and Mortgagee rdating to imuranoe. now e:i~ing or l~tt~er m~da ~ull be in writing and s6~i1 be a part ot this mortgage ; F agreement as (ully a~ tha~g6 xt Eorth verbatim_hecein and s6a11 govero both p~rties hereto and ther a~ooee~on and assipa. No liao upoo ~e~ ot atid ~ ~ policies oE inwnnce or upan any refund or return prerniu~n which msy be p~yable oa ths canceIIation or termination thc~+eot, ~hall bs giveo W otAtr than ~ ~~0*~8~~ e1reP~ bY Proper endorsemeat affi:ed W auch po6cy and ~ppcoved by Mortgagee_ Eatb policy of irouranoe shall h~w af6~d thetto a ~ 9tand~rd New Yorlc Mortgagee Qau~e witlaut Concributioo. making all bes or tossea under wed Po~Y WYable w tbs Mortga~ee u ita inta~e~t my~ aEr pea¢. Ia thr event ~oy eum ar ~um~ of monry beoome psy~ble theteunder the Mortg~gee s6a11 dave the optiaa to teoeiw and apQly tbs aam~ on ~ooomt ~ of tAe indebtedness hereby xcured. or w permit the Nortgagor w receive aad ase it. or any part thereof. ~rithuut thereby w~ivinig or impairin~ anr ~qui- ~ ti, lien, or right under aad by viRUe of this mo~tgage. In event of lws or phy~ical damage W the mortgaged propsrty the Mort~a~or adD ~w imm~diaN ~ ~ UR r ~ ~ g~~ ~ ~OiB Y. ~ . ~ t C ` ~ "r~i'. ~T ~Y~ ~ _ ~ . _ . _ y. . _ . _ . . . _ . . .