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Home My WebLink About1773 {'Rl)YIDEtI, :1l_NAYS. ~ha~ if the ~lu~~g:+to~ shaU pa~ unto the ~1o~t~aset the ~ndebtednrs~ rviJrncrd hy a ~rrtai~ pt~Nm.sor> nutr ~~f wh~ch the fultuw~n~ ~n v?~~rds and fi~utcs ~s a l~ut copy to-w~t ` t , S 8Z450.00 Fort Pierce, Fbrida August 23, 75 I~(1K VALUE REGEIVEI)_____ I promue tu WY <<, th~ o~de~ o( _~4IIIS_~~._._.SPIRT ~ th~ prineipal ~um uf EIGHT THOU$AND FOUR H(1NDRED FIFTY gnd no/ 10~I.LARS, tu~eth~~ wilh intr~t tlurcun frunt date at the rat~ of tcn penxnl, pe~ a~num until maturity, bulh princiE?a) and int~rest being payable in law(ul monry uf ~ l)nited ~tatrs at '~'.t~1 lii.~cayne Blvd., llliami, Florida, ot at such other place as the holders het~eof may designate in writing. e ~ inci~?al and i~tercrt payable in installmenls as follows: ~ ONE HUNDRED EIGHTY ($180.00) DOLLARS per month beginning on the lSth day of November, 1975, and continuing on the 15th day of ~a~~ tant_1 ~~Q~sj rnn!?~~L ~~?s:rQaf~Q?" ~.2T*_±'? C~~~ ;I2 . This note may be prepaid ~n whole or in patt after one yeac from the date hereof upon payment of a penalty equivalen~ tu riKht prrcrnt of t6e principal :~um pn•paid. : F.ach installment E?ayment J~all tx credited fint o~ the interest due. and the remainder on principal; and interest rhal) thrrr- upon rrasr upun thr principa! .o ~re~ditrd. TI~~ maken and rndone~n~u~ tl~i. nut~ turthr~ a~tr~ to waive demand, nutice of non-{~ayment at~d prolest, and in the event wit -1~a1) t,r brought [or thr collrctiun hereo(. or the same haa to be collected upon demand o[ an attorney. to pay reasonable attorney's frr. fur making ~uch collrctiu~. Ikferred payment• hetrund~r ~hall bear interc~t at 1he rate of te~ percent per annum [rom maturity until paid. 7'his note i.c r~cured by a mortgaR~ ~ ot even date hnewith and is to be construed and en[oned according to the lavrs of the ~ . at~ of tlorida; upon default i~ the payment of principal andlor intereat when due, the whole sum of principal.and ir?teresi , ining unpaid shall, at the option of the holde~s, become immediately due and payable. ' i a<.~r~. ~ c.y.~ s~- " SE.?1.) ~ (Sk AL) Pr~p.r~d by ~pkkr Q Tendrich, Att~xneys - 2240 Biscsyne Bl~d., Miami, F{orids ' arKl ~hall perf~xm, comply w~th and abide by each and every the stipulations. aareements, conditions and covo- nants of said promissory note and of this deed. then th~s deed and the estate thereby crested shall cease and be null and void. 1. The Martgagor hereby covenants a~d agrees: (a) To pay all and ~insul~r the princ~pal and interest and otAer sums ot money payable Dy rittue of ssid proaussory note and th~s deed, ot eit6er, paaq?tlr on the days respec~ively tAe same severally becw~es due. (b) To permit, caem~t ot su(ter no ~raste a~d to ma~nu~n Ihe improvements at all lioes ia a state ot ~ood tepait sad condition, and to ~ do o~ pen~i~ to be doee to said prem~ses nothins that ~ill alter or chan{e U~e use aed ch~r~cter ot said property or in any ~sy impai~ or •eaten the security ot this mortp~e. And ia case of the retusal, qeslect or iaability of the Mortsasor to repa'u a~ sainuin s~id proper- i ty, ~he 61ort~a~ee may, at Ais opuan, make such repairs or cause tAe same to be made. and adrsnce monelrs ia tl+at bebalt. 'i i (c) To psy sll aod sin~ulu ~he laaes, assessments, levies, liab~lities, and obliNtioas o! erery oatnte on ssid descriAed property each i and erery .rhen due and psy~ble accad~r~ to lar, be(ore ehey become deliaquent, aed ~o deliver to t6e Mortissee m or before Ilaah ~ IStA ot eacb year ax receipts eridenc~ne the payment ot all Is.rtully isposed tues for ibe precedia~ calendar year, to ~nde~e~e~fy the i Mat~~~ee upon his Jemsnd fa a{I ~aaes, a~sessisenis snd char~es that auy be sssessed upon lh~s ieortsa~e on the indebtedness Gf cured hereby, and paid Ay the matsaeee, v~thout resard to aer lar Aeretoforc enacted or hereafter to be enacted imposins ?aymem o: { the rrbole a any ~art t6ereo( upon the Mort~a~ee. ~ (dl To pay all and ein~ulsr the costs, cAar~es and eapeRSes. ~aclndins larryera' fees and sbstraet costs reasonably incurred or pa~d a~ ~ any ~~mc by ~he Matsasee because of the fa~lure on ~he psrt o( tAe U/ortsssor to per(o~m, cooply with aad abide by each aod every ~he stipulat~ons, a`reements, cond~tions and covenants o( said proaissory nott and H+is dted, a eitA~t. and every such'payment shall bear ~ ~nterest fran ds~e st the rste of ten l10'G) per centwo per annum. (e) It ia Urtba ewrsuz:_3 aM ~~reed br s~id y~rtie~ tist ia tbe eveat d• suit beia~ isitiwted to toreclase tDis ~atp~c. t6e Mac- p~ee iiall bs atitleJ w applr ~t aep ti~e peediq snc! ta~eelos~re srit to tbe cavt ha~in~ j~ri~dictim thercof tor tYe a~oiotsesi ot ~ reeei~~r d~II ~ed aiyolu We ~yated ~opertp. aed ot dl rsats. isea~ea. ~~ta. usosa ud re~ewes thereot. ho~ ~Aatsoerer sa~uce Aeti~ed: aM d~erenyoo it is herebr eapraaalr eovwnteA aad qreed trat tYe Cairt ~411 tartbviti y~o~t srcY recei~e~ ~id~ tbe aswl prcrs ~ed dnties o( receivcn in like ease~; ~ed ~aid apoi~t~ent ~Yall be ~ade br tYe eortt u~~tter ot strict ri~At io We Mort~a~ee. a~d ~itl?ort retereace to We ~deawcy or ia~deawcy d d~e rat~e .of tre p~ooerty rerebr ~tpseA. ar to tbe sol~enoy or iasolrqer d tre Mort{a{as a aa~r olba prtp detesdant to srch sYi1. Tbs Mort~a~or Yerebp aoseitieally ~~ires t~e ri~6t to object to tAe ~oooi~t~es~ of s reeeiva u doreaaid ud bertbp e:prtasl~r eoeat~4 t6at s~eY ~poi~~s~t sM~ll be Mde ~s a~itted eauitr ~ed ~s a ~tta ot abaolrte ri~ht to tae Mortp~oe a~d tYat tbe sue ~r be doae ait6o~t aotice to tAe Yort~a~or. ~ (t) 1t [onclosirs ~oceediap sMouW be ieatit~tad qaiest t~e proparty eo~e~sA y~is ~ort~s r~ or oWer lie~ or cl~is vhed~er ~ slle~ed w be s~peria or jrsior w tbe tiee d tbi~ ~oryate. ue M«yasee .ar e~s o~ua. i...au~e~r wo~ ~e.nwe~oe ot s.~i ar duriq tbe oe~descr traeot deel~re tYis ~ortsaae aM ehe i~debtedees~ aeured 6aebp d~e ~wA p~y~01e fonbrith aad ay ~t its ~ ootios ptoetld W totetlwe t~is ~tqse. t (v Tbat 1ie Morya{a~ ~ill keeP all re~l aad oetsosal prooetty ~ar a 6ueatta t~e~bettd bp tYe lieu ot tMis iort~a~e i~swed ~s ~ay ~ be reqrired tra~ ti~e w ti~e b~r tMe Mort~~ee yaiut loss ~r fire. viadston~ ~ad otbc~ basards. e~swlties ~ed coatisae~cies (or snch ° ~ paioda and [ar ~ot kas t~u a~cb awo~nta u Mr be ~ear'aed by tbe Mortp~se aM to ~r oto~tl) ~rAes dYe ~11 Ort~iuws fa srcA k iesnraxe. 71s a~o.n~s d'w~rs~ca req~wed Yp ~Ye Mor~ee s~ll be t6s ~i~s ~~u for vlid sai0 i~srrsece atult be ~rrittes ~ ~ uA it sMall bs iaewbe~t ~ 1Ms Mort~~at W Mutais a~c? ~dditiwl iesorsaes u Mr ee eeeessur a.se~ d eo.~r r.sir .~w ~ ~ all caiasrr~see ceonire~ssta canuiaeA is i~id oolicies to tie eed d~at d~e aaid Mort{~ar is ~ot ~ co-i~srror tLererader.lnsw~uce ; aMall bs w~rittea b~r ~ ca~~lr ar ca~Miea ~~rored ar desisuted Oy ~Ye MorW~ss ~~d all oolieiss s~d ~as.~ls usred shall be Yeld • ~ bq tLe Mortsssee. All retailcd desipatiosa br tYs Mort{asor rYie\ ~n aceeoted ~r 1Ys Motyaass a~ ~11 ytse~e~ts ~etwees Mort~a~or - ~ aad Mortaqee rel~tin~ to iearruce. ~oi siiati~{ a~ ~ers~(ca ~ds. sY~ll be i~ ~rritis~ u~ Mall re ~ art ef tYis ~yase s~ree~t ' u fdlr u tko~ aet fonb verbati~ f~ea ~n/ s~all ~mrer~ bw~ osrtie~ Asrsw aN ~?eir a~ceeasa~s aM usips. No liea o~ ~r of ~ ~ s~i~ oelieiea a( i~isurn~es ar pa~ uf refmd ar nwru /n~i~ ~Mid ~r bs arAle o~ d~e eqesllatio~ ar te~i~atio~ tMered~ sU~ll ~ be ~i~es te otMer thae tbe Yotysset. esesot bp orooer eadorsc~nt a(tiael to s~eA ooliey aN ~rared hr Mortq~ee. Eacb oolicr of ~ ias~ruce ~hall M~~e ~tfiaed tkereto ~ st~ed~rd Ns~ Yak MorW~se Clarss ~itiart Coetribuia~. ykias ~II loss w losses w~der sYCh ~ oolier areble w tYe Mortpase u its istaest pr s~sar. b tYe s~qt up s~ a s~ ot ~sr eeeawe Nr~Yle tYereYSdcr the Nort- ~ p~ee s?~11 Aave we o~ies a rece~.e ~.e ~p1r ~e ~s~s a~ ~ceawt d tLe wi~btsdnsaa Aerobp seeurN. ar io per~it thc M~x~~aEor ~ to tecei~e ae/ rse it. ar ae~ art tYeteo(. ~itYont d~erebr ~~i~is~ or i~aitia~ a.r e~~ir. liq. or ria~ under snd by •~nYe of ~h~. ~oryaie. b e~e~t of loss a oYriic~l da~~e to tMe ~oty~=ed p~ooerty Wt Mo~t{~~or i411 {ire iMedi~tt aotice tAtreuf by ms~l 1~. tAe Mort{~~ee aed tbe 1Aor~p~te s~r s~ke proof of loss if tbe s~se na o~.ae ~oa~ir er ~e ~«~.aa. la evem ~,f forecln.ure of 804K 243 PAGf 1 • - - ~ ~ _ - - "'_.a'' ~~^'i _ ' „~,s`'.i`tit: