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Home My WebLink About0827 . - i i PROVIDED. ALWAYS. th~t it the Mortg~gor sh~ll pay anto the Mortgagee the indebtedness svidenced by a cert~in promiasory note oi which tM tollowing in rrords and figurea is a true copy to~w~it: ~4Z~gG ~'faw S 3~925.00 Fort Pierce. F•H~~;~~~ October 11, 75 FOR VALUF. RF:Ct~:~vF:u______.__ WE intly and severally, ~om;~ p,y ,t.~ thr urder uf MILDRED__LIEBEItI~N ~ ` i th~ principal r.um of THREE THOUSAND-T1~ 1~E ~iITRbI~~~-TGIENTY-FZVE AR~p~CAKS; ogether with intem~t , th~reun (wm date at the nt~ u( t~n pennent, pe~ annum until maturity. lwth principal and iat~resl be~ing payable in law(ul mon~~ uf ~ the l~nited 5tatex at ?~4~1 Ki.•caynr 131vd., \liami, PlMida, or at such other place as the holdetr. hereo! may deaignate in writing. Principsl and intertat payable in i~stallmentr. as foQows: ONE HUNDRED ($100.00) DOLLARS per month beginning on the 15th day of December,~1975, and continuing on the:l5th day of each and every month thereafter until paid in full. This note may be prepaid in whole or in patt a[ter one year [com the date hereof upon payment of a penalty equivatent to eigbt percen/ of the principal ~um prepaid. : E:~ch inrtallment payment •I~all be croedited (irst on the interest due, and ?he rcmainder on principal; and intereat shall thrrr- - upon ceaFr u~wn the principal w crrditrd. ~ The makerss and rndonr~ of tl~i.ti not~ (urther agree t~ waive dema~d, notic~ of nun-payment and protest, and in the event uuil <I~all br bn~u~ht [or the cdlrction hereof. or tFie same hss to be collected upon demand o[ an attorney. to pay reasonable attorney's G•r, (u~ making ~uch collection. ~ l)~ferred payments herrunder chall bea~ intere~st at the nte of ten perc~nt pe~ annum (rom maturity until paid. 7'his note is secured by a mo~tga~e, of even dale henwith and is to be construed and eaforced according to the laws of the ~tat~ of Elorida; upon default in thc payment oi principal andlor interest when due, the who{e sum of principal and interest ~ rrrnaininR unpaid shatl, at the option of the ho~err., become immedialely du an payable. ~ 1 ~ U'.,~~~ill'~ ~ ~ t ~ (SEAL) ' (SEAL) w r (SEAL) Prepar~d by ~pieler & Trndrich. Altorneyo- - 2'240 Rixsyne Bl~d., btiami, ' a a~ shall perform, compiy wite and abide by each and every the atipulstions. agreements, conditions and covenanta of said pmmiseory note aad of this deed, then this deed and the estate thereby created shall ceaee and be null and void. 1. The Mortgagor hereby covenants and agrees: U11b p~y all and singWar t6e principd and intecest ~nd otber sum~ of moneY WY~Ie by virtw ot said promiseo:Y nots aod th~ desd. or either. p~oaoptly ao the daYa respectivdY the same severally beoomss due. Ibl To permii. commit or s~fter no ~vute ~nd to mainuia t6e improvemeasa ~t aU times ia ~~tate oi good reqir aod oondition, aod W do or permit w b~ ; doae w said prsmises aothi+?8 t6at will alt~ or ehang~ the u~e aad clrrader oi s~id pr~opartY or u? +qy way impair or weduo t6s ea~rity ot tbis ~ mort~~gs. And in as~ d ths refusd. neglsct or inability of the Mortg~ to repdr aod maintain aid pcop~ty. tA~ Mort8+~8+~ ~Y• at hIs opcaa malo~ ~ ~ such ~in or nwe tb~ s~ms to be m~de. and advmaa moneys in that beirlf. E ; lel To Q~y all and singuLr tbe uus. aa~ente. levies. liabi6ties. and obligations of every naturo on s~id described propcrcy e~c6 u~d every whso due ~ ~ Wri~ ~6 w I~w. before they beoome delinq~+ent. a~ to deliver w ths Mortgaaoe on or hetore M~rch 15th oi aach year t~ reaipts i evidmcin~ ths p~ymsat ot all Lwfully impo~ed tuss tor tbe preoedins nkadar yav: to idemi~ify tbe Mortgagee upon his dem~nd tor al! t~~s~. at~r ments ~ad clrr~s c6at m~j be asees~ed upao this mortg~~ on the ind~btedness sec~sed ha~eby. ~nd Paid br t6e mor6~8'ee. without np~d to aqy law ! ~ haetotae ~et~d ot hgpaR~er W b~ aa~cted imP~~B P~Y~~ ot tbe whola ~ aoy p~rt thanof upon tl~e Moceg~es. [ = t. ~ Idl To pay all and w~gul~r tLs cosu. clLrges and espeaier, including Lwryaci fee~ ~nd abrtact oosu cwooabb inatrred at paid at ~ tim~ by tb ~ ~ Mort~ages beuuse ot ths tailure m the p~rt of t6e Mortgagor w PerUorm. aoooplY with ud abide by e~eh and every the ~tipalatiom. a~raaraeots. oooditians and ooven~nta of rid p~umissory rwte aad thi~ deed. or eitl~er. and evacy such p~yment shall bar intenrt irom date at the nte ot ten 1104i1 par oeawm per anoum. - lel it is furt6er oovenanted and a8re~d b7 said P~rties t6at in the eveat of a suit being iostiwted W to~eclo~e thie mor*.g~ge. tLs Mottg~e ~hall bs i mtidsd W~pply at ~ny time pending aue6 torecloaure euit w the oourt h~ving jurisdiction t6ereof tor tbe appointment ot a reoaver of all a~ sin~nl~r tM ~ ~ P~~~Y• aad of all ronts. inoomes. ProCts. issue~ aod rrvenues t6xed. from whatawvar ~o~roe deriwd: and tl?ent~un it is b~~bp ~ } eo~~eoant~d ~nd ~rsd t6~t the Coure shdl totthwith appoint suth rcaeiver with ehe ttnul powQ~ aud dutia ot teo~ive~a in L7o~ casa: ~nd sdd appointr ment ah~D b mad~ by th~ c+ourt ~s ~ matter of ~triet rig6t w t6e btatp~sa, and wit6oat cehr~oos W t6~ ad~qurcy a iddsq~cr o[ tbe valw of tb~ peo- P~7 ~Y ~6~6~• or w the ~olvaucY e* ins~lva~.ry ot the Mact~gon ar any otl~sr p~st~ det~od~nt w weh adt 'lbs Ma~ti~ ~~f ~ iuUy waivs~ th~ risht W objeet to t6e appomta~t ot ~ reoeiver u ataeeaid and haeby espeeedy aooseott that suth appoiotm~o~t shdl b~ m~ u ao admiued equity and as ~ ra~tter of abeoiute rigbt co t6e Mortaaaee ~nd t6et tLe same may bs dons withont ootice W!bt Llortgagor. ~(1 It forecb,uro proceedings should be inatituced againsc ehe prop~cY tovaed by chis nwrtg~s upoo aoy other lisu or eLim wh~eMr a0.pd w b. ~ wpecior a junior w the tien ot thi+ mortgs~s. the Mortgages may at hia optioo immediately upan in~titutioo ot wc6 wdt at d~aia~ tbe p~od~oey thued deel~re this matgage ~nd the indebte~ens secured hereby due and payabk tathxitL and may ~t ita optioa proossd W foeeclo~s thi~ mort~a ~ - _ Ig171ut the Mortgagor wiL Iceep all ieal and Penon~l DroP~Y now or hete~ftaraoa~mbersd bY ths li~ d thia mort;aes insared ~s m~y b~ tequird from i ~ time w time try t6s Mortgagee ~gainst loas by fire. windstorm and otlYr h~sards. us~ulties ~od oootiageneisi fa sue6 period~ ~nd for not !ea thaa ; ~ suc6 amounts ~s m~Y ~~W~ bY ~~fortgagee and w WY P~P~b w6eo due aU pnmiums for such insurmoe. Tbe amounts of iro~vrnw nqnirad 1 by the Morgagee s6~ll be the minimum amounts tor w~hich ~aid im~enoe aluU be writtm and it ahell be incumbent upon tbe Matgaaor W m~int~in we6 r ~ ~dditioad im~raae as mhr be neoe~ary w meet and oomply tulb with all aoiosurance c~eq~ii~e~s eontaioed 'm naid palieies w the eod tdt tL~ ~aid f ~ Mortg~gor ia not a oo-insuror theteund~x. Inwrsnce ~11 be writta~ by ~ oompany ar aomp~nis~ approved ar deagoaud by t,h~ Mortp~ and dl poH- ~ aes and reaewa4 the~eof sb~U be hdd by the Mortgagee. All detailed deeigoations by t6e Mortg~gor w6ie6 ~re acoepted by t}a b[atga~s and dl ~pe? mmts between Matgaaor and Mortg~gee rei~ting w ros~uanoe. naw aristina or M~sdt~ mde. shall be ln ~ritins ~nd abdl be ~ part ot tN~ mortpp ~ ~eement as tully as thoug6 set (orth verbatim ~eran wd sh~ll govero botL p~rties Mreco and tlbir w~ooeaors aud asag~s. No 4eo npon ~o~ ot Mid ~ pdicies of insuanx or upoo any rcfund or returo pre~nium whieh m~~ be p~yable on ths c~ooeBatioa or trmination thseof. ah~l! bs ~v~o W otAar tlrn ~ ~he MortBnge~e. e~pc M' ProPK endorsemeac affised w such pobeY ~PPro~ bY M~B~ ~ P~Y ot inau~oa ~hall h~w atfind tl~rto a 9t~nd~rd Nrw Yerk Matgagee Qaux without Contribution. mdcing aD bss or bs~es under such Po~Y P~YahM to t!M Mo~tpaes a lt~ ~s~t myr aP pear. In tbe ewnt ~ny sum or amns of money beoome pay~b{s tdeswnder tbe Mortgasee siull h~w tbe option w reoeiw ~nd ~PP~Y tlraaas oa ~eoount oi the indebtedness hersbY sccured. or to permit the Morsgagor w roaive aod ose it. or ~uy p~rt tl~eof. witbont thenb7' ~~i a~L W~9~' ti. lim, or ri~hht under and by virtue of thia mort~ge. I o evea of Iw~ or p6ysinl dama~~ to tLs ma~rtpiad peop~ety th~ I1~oet~or shall dw 1mm~dVt~ ~ . - 4 ~ - - aD~K 245 ~ 8?.~2 - r ~ - , _ ` `-x- ' - . - .'.c~::.«'._.. _ _