The URL can be used to link to this page

Home My WebLink About1919 PROVIUFII, AI.NAYS. that ~f th~ \lortgago~ .hall pa~ unto the ~lortgagra thr ~ndebtednr~~ cviJ.ncrd hy a cettain ptum~.~~~r~ nute_ ~~f Nh~ch ~he folluw~ng ~n v?~~rds and f~gures ~s a trua copy ta-w~l 2 75 s 1,350.00 Fort Pierce, Fb~;~, August 8, 1~~ ~ tl1K VALUE HE:CF.1~'EI), ----I----- - Promi+e tu pay~ thr utdr~ uf _ _ NATNATI GITTIsE~'!IQi~ ~~~~~CY_ ~5~~~_~~ ~ - lii~ pri~cipal t~um o~ ONE THOUSAND THREE HUNDRED FIFTY ettd no 1 N)I.LAR5, togethcr wilh inlerc~t tl?rteun (~um date at the ~at~ u[ ten perce~t, per annum until maturity, both principal and interest being payable in lawful monr~ uf th~ linited ~ta1r. at '3~~1 lii..cayne [~I~d., \liami, ~lorida, or at auch othe~ place a~ the holde~ hereof may designate in writing. {'rincipal a~d intenst E?ayable in i~rtallmen4+ as folluws: THIRTY-FIVE ($35.00) DOLLARS per month beginning on the 15th day of October, 1975, and continuing on the 15th day of each and every month thereafter until ~~id in full. This note may be prepaid in whole or in part after one year from the date he~eof upon payment of a penalty equivalent to riKld p~•r~•~•nt of Ihe prini~ipal ~unt prrpaid. , Eacl~ in•tallm~•nt pay~nent ~t~all tK ecedited firct on the interest due, and the remainder on principal; and intere~t i:hall thrrr• u~~on ~rz.r u~?un thr princi}wl w? crrdiled. TI~~ maken and rndor.rn of thi.. nutr (urth~r agree to waive drmand, nutice uf nun•payment and prot~st, and in thc event wit ~liall tx btuuKfit (ur tlt~• collrctSon hcrrof. ur the same hu; to be collected upo~ demand o( an attorney, to pay reasonable attorney'r , frr. fur making wch cutlrctiun. 1)~f~rred pay~men4~ henunder ~hall bear interest at the ~ate of ten percent pe~ annum [rom maturity until paid. ~ 7'hi~ ~ot~ i.~ ~ecured by a mortg~~~ol even date herewith and is to be construed and entoreed according to the laws o[ the ~tat~ oi Florida; upon default in the payment o( principal andlor interest when due, the whde sum of pnncipal and intenst ~ rrmaining unpaid ~hall, at the option ~o( Ihe holde~s. become immediat ly due j d pay eC~ ~Ci%I~ S 'j'~ (SEAI.) (SEAL) Prep.~~d by •~pKler 8 Tendrich, Altornty~ - 2240 Biscaynt Blyd.. \tiami, Flaids anJ ~hall perform, comply with and abide by each and every the stipulations. agreements. conditions and cove- nants of said ptomissory note and cit this decd, then this deed and the estate theteby created shall cease and be null and void. 1. The Mortgagor hereby covenants and agrees- (a) To paY ali and cin~ulu the pr~ec~pal and ~nteres~ and other sumc of money payable by virtue of sa~d prom~ssory note and th~s deed, or e~tAer, pramptly on the days respectively the same se~erally becomes due. (b) To permil, comm~t or su((et no ~as~e a~d to mainu~n ~he ~mp~ovements at all umes in a state of ~ood repair and cond~t~on, and to do o~ permu to be done to sa~d prem~ses noth~~~ ihat will alter or ch~n`e the use and character of s.:.: property ot ~n any vay impair a +resken the security ot this mort`ase. ~1od in case o[ the rc(usal, neslect w inability o( tAe ?lort~asor to tepair ~r.d maintain s~id proper• , ty, the Mortpsee maY. at his opt~on, make such repaus or cause the same to be made, and advance nwneys in lha~ beAal(. ~ (c) To pay all and `in~ular the uaes, assessments, lev~es, liab~l~ues, and obli~ations of erery natute oa ssid descrebed ptoperty each E and every arhen due and paYable accord~na to law~, befae they become delinquent. and to dtliver to the Mortaatee on or betore Ma~ch { ISth ot e~th year tax receipts ev~denc~n6 the payment o( all lawfully ~mposed ta:es for the precedma calendar year, to ~ndemn~fy the ~ Mort{a~ee upon his demand (or all uxes, a.seacments and char~es that may be assessed upon th~s mortea~e on tAe ~ndebtedness ~ cured hereby, and ~+a~d by the mort~a6ee, ~~thout resard to any lar heretofore enacted o~ herea(ter to be enseted ~n+pos~ns ~ayment o: the w~Aole or any ~srl thercof upon the Rlnrtsa6ee. ~ (dl To pay all and sinaular ~he cos«, char6es and expenses, ~nclud~n~ laryers' (ees and abstract costs tessonably incuned or pa~d st ~ sny ~~me by the Mor~6a6ee Decause of the fa~lure on the part of the Mor~gajor to perform, coeeply r~th and aDide by each and avery ~he supulauons, a`reements, cond~uons and covenants of sa~d promissay no[e and tM~s deed, or ejtAer, and every such'paymem shall bear interest trae date at the ratt ot tcn 1104) per centum per annum. (e) It is furtha covena~'== and a~reed by aaid pattiea t6a~ in the evea~ of • suit bein~ iwtituted to toreclose Wis wattp~e, tbe ?lort- ptee shall be eatitled w apply ~t ~ny tise peadie~ sue6 torcctoaure suit to tbe court b~rins j~risdietim thereof !or t6e ~ppoiatseat ot ~ reeei~et ot all u~d iie~nlu dte ~t~~ted propeAy. ~ad ot ~11 reab. iscowes. pofiq. iaaues ~ad re~taues tl~creot. fro~ ~rh~tsoerer sour+ee derived; aed tbere~poo ic is hereAy e:p~easly coreaaated and ~~reed W~t tbe Caut dull tonA~itA a~oiet soc6 receiver ~id~ We wwl po~err ~ad dutie~ of receivera in like eues: and ~~id ~~ointwcnt shsll be yde br the eourt ~s ~ aiatter of striet ri~At to ~he Mo~t~atee, ud ~it6oot referee~ce to the ~depuacy o~ ia.dequacy ot tbe v~lYe of tbe oropenr herebr sor~~•~ed, or to the solvency a iwol~swty ot tl~e 64orWtas ot ~ay ot6er y~rtr detendaet to sncA s~it. 7Ae Nortp~a~ Merebr soeeifieallr r~i~es 1be ri~bt to objeet to t6e ~opointsent of a receiver ~s ~toreaaid and bereby espressly coeseota th~t ineb ~~oiat~ent shall be ~ade ~s ~n ~dwitud equity ~ad ~s ~ Mtter ot sbsolrte ri~ht to tbe NatNtee aad th~t t4e sue s~r be dooe «rithout notice to tbe 1Wrt~a~or. (f) If toreclosure proceedis~a shonld be iastituted u~inst t6e prooenr covereA br tbi~ ~ortp~e upoa ~sy otber liea a cl~ia .fietAer alle~ed to be suoerior ar junior to the lien ot thia ~arya~e. thc Mott~aaee s~y at Ais oPtioe i~sedi~tely npon iastitutioo of such suit ~ ar dwia~ t6e peodeeey t6ereof dccl~re tbis mortsaae ~ed the iadcptedoess seeured Ae~ebr doe ~nd wyable forthritA and aay ~t itx ootioa proceed to foreclose tbia aartq~e. ~ (v TAat t6e Mon~or ~rill keep ~II re~l ~ad persor?al propertr nor ar berea(ter eocusbered by tYe tien of this ~tsase insure0 ss a~aY bc required troa tiue to ti~e Sy the Mortta~ee ~~ainst Iws br fire. ~indstors aad otber Aasuds. c~swlties and coetia~eacics (w such ~ periods and fot not leu th~a aucb aeaYnts u yr be required by We ?w«a.see .pa eo o.r ~o.~~r .see aYe ~~e~uss fa sYCh iasur~nee. The ~~oants of issrraece required br tbe Yort~~see ahall be tAs ~isi~us a~ouats tor ~rAich aaid iasYr~ace sAsll be ~rrittm _ n aad it shall be 111CY~btAt Y~ tbC AIOtI{~{Of t0 Mintaio sueh ~dditio4~) in~unece as ~y be aecessur to ~ett ~ad to~Ply frlly ~rilh dl co-i~uuru~ce require~eata eontsined in s~id polieies to We eod ~Aat the ,a~a ~«~a.s« is na ~ co-insYra thereunder.Insurance shall be ~rcittsn by ~ eo~p~~r ar copaaiea ~~oved or desi~eated by the Mortia~ss and ~11 Policies aad reae~r~ls theteof shall be Aeld Ap the Mort{aiee. All deqiled deai~eations by tbe 11ortL~tor vAicA ue ~ceeoted by tbe Mort{a~ee ~sd tll a{res~eats Ost~sea A~Iortsa~o~ ~od Mort~~ce rel~tin~ to ie~ur~ece, now e:iatin~ or bere~Rer ~n~de. s6a11 be ie ~ri~ia~ asd sAall be ~ art d tsis ~atpse aarce~cn[ t~ur ,s ~o~ s« t«~e ~erb~ti* 6erein ~nd sl~11 ~orern Aotb oatties hsreW aed tYeit i~ecessors s~d issi{ss. No IieR ~oon s.r ot a~id oolicie• of IIUYfi11C! Of ~a~s ~ar refund er return pre*i~ ~hie6 wr be p~rable os tbe eaeeell~tioe at tet~ination thercof~ shall be ~ivea eo other thae tbe Yort~a~ee. e:cept by proper endone~eat ~ffi:ed to ~~eA oolicy aed ~~rovtA by Mort~a~ee. Eac6 oolicy ot isaxr~aos ~Aall lyve afC:ed thcteto ~ St~ndatd Ner Yo~k Motya{te Cl~we riWaYt CoavibYtioa, w~tint ~II loss a losses under s~ch ~ oolier p~Yable to the Mortp~ee ~s its ia~cre~t o~r ~~eu. !a Wa e~set ~ny au~ a sw~s of ~oeer beeowe ayalle thereunder tAe Nor~- N~ee slull Aave ~be optian to receive ~ad ~Pplr tAe sa~e aa sccow~t ot tbe isdsbtedness Aerebr secured. or to perwi~ the ~kxi~sRor to recei~e ~ad we it. ar any p~rt thereof. ~rithout Werebr ~~iria{ or iapairie~ ~ay eauity. liea. ot ti{bt under ind by ~~riYe ot th~. wort~e. (n event ot loss or pAysic~l danu~e to tbe sor~~~ed ptoperty d?e AAort{asar shall ~i~e i~sed~~te notice the~eot by ma~l t.~ the Mortp~ee and ~he ~tp~ee iaay enake aoor or ~os. if the asme is no~ made poe~p~ly br the f~lort~a{or. In erent nf (ae~ln.we of - . ° ~ `~'43 ~9~~ 80~K E.? ~'AGF _ _ . . '2' 3T-r . ~ K.,~ •':q . ~.-~'w' i'_~_- '