HomeMy WebLinkAbout0290 PROVIDFn, ALWAYS, that if ~he Alortga~ot shall pay unto ~he !Nortsa~ee the ~ndebtedness ev~~ie~ced by a
certain prom~ssory ~ate of wh~ch the followin~ in words and fi~ures is a t~ue copy to-w•il: •
IIl4~l~C . !G ~L
1~350.00 Fort Pi~ rce, Fl~~rida_____ August 28, 75
F111t V~~Lt~F ItF:CM:I\ N:I) I - - prou~i•c tu Na~
~h~• ~«I~•~~~r NATHAN GITTLL•'MAN ANU_NANCY GI'fTLEMEIN, his caife.
Ihr F~rincip•rl.~~~~~ ONE _THOUSAND__THREE HUNDRED_ FIFTY and _no/ lOQ~~~~,~,Al~.~. lugeth~r witl~ inlr~r>t
thr~~•un fru~n Jat~ at thr ~alr uf l~•n p~~n•~•nt. prt annuin until ~naturity. lwlh prin~•ip~l ~~~J iul~•rc~l IN•iuR pa~abl~ in I~wG~I muu~•~ ul
lh~ lfnilrJ ~latr• at '.'.'.'.•l•1 Iti-ra~n~• Itl~d.. ~lian?i. Florida, u~ a1 .uch ull~r.r placc is thr huWcn, hcrcuf may dc.igoate in writine
Princi~~al anJ interest payable in in~tallmenla a. (ulluws: ~
. , ~ ~i
I THIRTY-FIVE ($35.00) DOLLARS per month beginning on the lSth day
of October, 1975, and continuing on the 15th day of each and every
month thereafter until paid in full. ~
,
This notc ma~• be prepa~d in ~halr or in patt after une ycar from the date hereof upon payment o[ a penalty eyuivateot ~
tu ri~;ht prr~•rnl ~?f !hr prinripal ~~uu pn•paid. •
Farl~ in~tal6n~•~~t ~~aymrnt ~I~all b~• ~•n•ditrJ fint un th~ intere•t due, and the rcmainder un principal: and inter~•t .I~all lh~•n•.
~ upun rrs•r upun 1hr prin~-~~~al *u ~•r~•dit~•d.
9'1_:. _.._L. .....1 .....l..~..~_. e:i ~1.:_ ......n In ~.+iy.. ~~..~n~~~~~ r~~~l~rn b~~O.~~ti~'~i~~•~ll an~1 nrolr.l, and in th~• PVPII~ ~O1~
. • - - - . _
i • _ _ .
~hall br bruuRht fur th~• ~•ullr~•t~~.n herruf. or thr .amr lia., tu bc cuU~cted upun demand ur an atturney. tu pay ~ea.wnable allorney .
~ (rr- I~~r iuakiu~; •u~•h ~•ullrrt~un.
I)r(~rrcd paym~•nl~ hrr~•undrr ~I~all b~ar intrn•~t al thr ratr of ten p~r~~nt pc~ annurn ~rwn nialurity until ~~aid-
1 ~1rt~'~rf I'IoriJa: u~~un d~fault'in~th~ pa~m nt of prin ip I,and!n~ intcr~
t whenRd~ ~,the~ I~ole sum o~ pnnc paleand int~ ~t ~
rrnw~ning unpaid ~hall, al th~ optiuo o( lh~ holden, liecome ~mmed~atcly du ; d~ay e.
~ ~ Jl ~ G ~iG~7'r/ (;EAL)
~ / ~
!
~ - (SEAL) ~
i P~ryur~d 6~ ~pKl~r ~ Trndn~h. ,1Uum~y~ '~2t0 Iti.raynt WrA.. ~liami. Flurid~
1
and shall perform, canply with and abidc by each and evety the stipulations, agteements, conditions and cove-
naots of said promissory note and of this deed, then this deed and the estate thereby created shall cesse and be
oull and void.
1. The Mortgagor hereby covenants and agrees:
(a) To pay all and s~naular the pr~napal and ?ntcrest and other sums o( money payable by virtue of sa~d prom~ssory nole and th~s
deed, o~ e~tAer, promptly on the days respecurely the same severally becomes due.
(b) To permit, comm~t or suffer no iraste aod to ma~nta~n the ~mprovements at all hmes in a state of ~ood tepsir and cond~t~on, and to
i do a perm~t to be dooe to sad prem~ses nothm~ that r~ll alter or cAan~e tAe use aad ch~racter of ss~d propcrty or m any ~ray ~mpau a
f rreaken the securitY of th~s mat~ase. And in case o( the refusal, ne~lect or ~nab~6ly o( the Mortsasor to repa~r sr.d msintam said proper- 1
; ty, ~he Mortsasce may, at his opt~an. ~nate such repaus or cause the same to be made, and sdrance moneys in that behal(.
i
I (c) 7o psy atl and cinjular [he uxes. assessments, lev~ea. I~ab~l~lies, and obli~ahons ot erery nature on sa~d described property each
i and everr When due and payable accad~n~ to lar, before they becane del~nQuent, and to deli~er to the Mortsaeee on or betore March
~ ISth ot each year ua receip~s evidenc~ns the payment ot all law(ully ~mposed uaes for the precedms calendar year, to mdemmty the
~ Ma~tsa~ee upon Ms demand for all tsxes, a.sessmcnts ami charses that may be assessed upon this mortaa~e on the indeb~edness a?-
? cured hereby, and paid by the mortaa6ee, rithout resard to sny law heretofore enacted a hereafter io be enacted ~mpos~n` ~ayment o:
~ tAe whole or any ~art thereof upon the Atortea~te.
~ (d) T~ pay all and s~naular the costs, cAarses and eapenses, ~ncludms lawyers' feea and abstract costs reasonably ~ncurred r+r pa~d at
any time by ihe ~1atRa6ee becau.e ot the (a~lure un ~he part of ~he Morl6ator to pufam, comply wuh and ab~de by each and every the
st~pula~~ons, a6reements, condit~ons and co~enants o( said prom~ssory note and th~s deed, ot e~tAer, and every such'psyment shall bear
~ ~ntcrest frwn date at the rste of ten 110'G) per centum pcr annum. !
(el It is far~hu coreoanted ~nd a~reed by aaid p~~tie• th~t in t6e e~eat o( a a~it pei~ iastituted to foreclose this eiort~a~e. 1he Mort-
q~ee sh~ll be eatitkd to ~pPlr ~t ~er tioe peadioi suc6 foreclosure suit to tDc court ba~ins jurisdictian thereof fa d~e appoietwent
ot ~ tecei~er d~II ~nd siosulu We ma~~~~td properir. and of ~11 reats. iacaae~. ~ofita, usues asd revenues tAereof, fros ~Aatsoever
sauce deri~ed; aed ~hereupon it is hereby ea~esslr coveau~ted •od ~~reeA tb~t t6e Cautt sh~ll forW~rit6 spOoiot suc6 recei~et ritA
the wwl pwrera aed duties of receivers in like cue~; and s~id ~~oiat~eat s6~11 be sade br the court u~ matter of slrict ri~6t to
the Mort{a{ce, and ~ritbout reference ~o the adeqwcr or inadequacr ot the ~~Ine of tYe propertr Aetebp motts~~ed, or to tbe solrency
~ or insolre~cr of the Mort{a~ora or any othu p~ttr defendaat to such suit. The Mo~tp~or herebr ~oecitic~llr ~ai~es tbe ti~ht to objeet
to the •pooiatwent ot a reeeiver ~s •fores~id ~nd hereby eaprea~tr coaaeeu W~t ~ncA ~ppoietsent sh~ll be ~ade ~s ~n ~deitted equity
~ ~nd ~s a~tter of ~bsolute risht to We Matp~ee ~ad t6~t tbe aase a~y be doae ~itbaut aotiee to tAe Mort{~{or.
~ (f) (f toreclosure otoceedia{~ shoald be IAfl~lY/Cd ~S/1RS[ WC ~oPe?tr toreted by thi• ~t{a~e upoa ~Ar Od1tf lilA O~ cl~~ie rhClAtt
atle~ed to se superior or junia to tbe lieo of this eatt{~se. We MortN~ee eaY ~t Ais optioa i~sedi~tely upon instituuon of sucA suit
~ a duria~ the pendeney Wereot decl~re tAia sot[~~~c and tAe iadebtednesi secured herebr due ~nd wy~ble tort6vith ~nd iaaY ~t its
optiaa ~oceed to faeclwe tbis aart~a~e.
~
~ (v Tb~t the Yattp~ar ~ill tccp ~II rc~l and penoeal proPetty nwr ar hereafter encwsbered br the lien o( this sort~s~e insured ~s msY
ae required troe tiee to tise by the Morta~~ee ~~ainst Iws by fire, ~indstarm u~d o~her has~rds. c~swlties ~nd contin~enciea tor such
~ periods aod tor not teas thaa ~uch ~eoua~s ~s ~lr be required br ~the AAortia{ee and to Par pro~ptlY ~bea due ~Il pree~ua~s fa such
~ iruur~ace. 7'be ~ooYnta of ies~r~sce required br tYe Mortta~ee slull be the ~iniw~ ~~ounts for ~rAicA aaid insunnce shall be vnttea
and it aAall be incu~beat ~oa tbe Abrt~~~ar to yia~ain iocA additian~l ia~anace as iur be necessuy to weet uid caaplr f~llr ~ith
~ ~II co-ins~aance require~eeta cont~inc0 in s~id oolicies to tAe eed thst IAe s~id Nottu~ot is not ~ co•iasYra thereYnder.lnsunnce
shall be ~rritten by ~ to~p~a~ or caepwies ~opro~ed at des~inated br the Mott~~~es aed all oolicies ~M reaer~ls t~eteof sh~ll bt held
br the Mottp~tt. All deuiled desi~n~tians br tbe Mo~t~s~or ~rhich ue acceotM br tbe Mort{a~ee ~e?d ~11 ~reeeeats bet~een Mort~a~or
~ and Martsaset rclN~ns to iu~w~nee. ear e:iuin~ a herestter wsde, sb~ll be in .rritia~ ~ad ah~ll be ~ out of tAis satp~e s~reeeeat
~s (ulhr ~s t6ou~A set forth ~crb~tiw hereia ~sd sh~ll ~orern botA artiss hereto ~n0 tYeir saccesso~s aad usi~as. No lien upon anr ot
~ a~ld policies o( iuawu~ee a uoae ~ar refusd or return ore~irs vAieb yr be ar~ble on tht c~eecll~tioe a ter~in~tion tbereof. sb~ll
be ~irca to otAer than rAe 11ort~~~ee, exceot br Oropet endorseseet ~ffiaeA to sncA ooliey ~nd ~P~o~cd br ~Iort~~~ee. EacA oolicy of
~ insurante ~hall h~re ~tfatd thtteto ~ Standud Nt~ Yort Mort~a~ee Cl~use .ithoYt Coavibation, eykin~ ~11 loss or losses undcr such
oolitr p~y~ble to ~be MotlN~et as ib in~crest awr ~~eu. !n t6s evsst ~sy sYe w su~s ot soetr Secowe arable thereunder the Ulort-
Njet sh~Il A~re the option to rective aed sPplr tbe •awe a? aceount of tbe ~adebtedness Aerebr secured~ a to oermit ~he 1Arxt~adw
b rcceive ~nd we it, or ~nr p~rt thercol, ritAont ~e«eer ~~ivin~ or ipairina ~ay eauitr. lien. or n~ht under snd by ~utue of th~s _
aorlµse. (n ereet of loss or phrsic~l d~nu~e to tbc awr~{~~eA ptooerty tht Mortp{o~ sA~ll ~i~t i~retdi~te nouct thcrcof by ms~l ~o
' tht Mort{~~ee and tAe Me?r~~s~ee issy a~ske proof of loss ~f IAe anae ~a not nwde ~owptly br tkt lNat~~~a. In evem d taeclos t t
~ ~ F~ aooK244 P~ 2~
S _ _ _ K _4 N~ -
. s ~ . _ t , . ~ v_ . .