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HomeMy WebLinkAbout0967 ~ _ i PROVIOEn, ALWAYS, that if the Mort~+~sor •h~ll p~y unto the AAQn~a~ee the indebted~ess evidenced by a cettain p~omi:Yay note of which the followin~ in v~tds and fi~uret is • ttue copy tawit: E ~ ~ s_ _ 2 L925.00 Fort Pierce ~ hk~riJa October 9, lyl~ ~ FUR VAI.UF. RI:CE:1~'EI) _ I . promise tu pay ~o ~h~ ~~d~~ or. EDEIMA~anT ROSE EDEIMAN, his wife. _ - ' the principal sum o(1~0 THOUSAND NINE HUNDRED TWENTY-FIyE a[ld together with it?te : l ' thereon (tum date ~t the a1e of ten perce~t, per annum until maturity, bc»h prinripa) and inte~eat beit~g payable in lawful mone u( the United ~tate~ at '.'.`.'.4~1 tiiaca~~nr Blvd., 111iami, Florida, or at such other place as tt~e holders heceo( may dcaignate in writing. Principal and intereFl payable in in.~tallments as fdlow$: ' ~ 1 - - ~ SEVENTY ($70.00) DOLLARS per month beginning on the 15th day of I ~ December, 1975, and continuing on the 15th day of each and every ;F month thereafter until paid in full. ~ This note may be ptepaid in whale or in patt after one year from the date hereof upon payment of a penalty equivalent ~ to eighl prrernt of lhe principai x~un p~epaid. , _ ~ F:~ch in~tallment payment shall be credited C~t on the interest due, and the remainder on principal; and interert shsll Ihrn•- 1 upon ceasr upun th~ principal ~ui cr~dit~d. The makerx and rndonrn oi tl~i.+ notr furlher aqree to waive demanc~, nutice of non-payment and proteat, and in the event .uit ? Jiall tu~ b~uught for the ~dlrctiun I~~rercu[, or the same hass to be collected upon demand o( an attomey, to pay resaonable attorney~r ~ trr. fu~ making wch cullectiun. 1)~ferred payments herrunder ~hall bear interrst at the nte o( ten pe{cent per annum (rom matuaty until paid. ~ ~ 77~is not~ i~ aecured by a mortgag~~of even date herewith and ia to be construed and enforced according to the (aws o[ the ~tat~ o( Elorida; up~?n default in the ps~ment of principal andlor inte~t when due, 1he whde eum of principal and interest - + rrmaining unpaid shall, at thc optiun of thr. holderx, become immediatel due and payabte. G~Yi ~~fr? G~~~G? (SEAL) , (SfAt.) ~ ~ Prepar~d by ~pirler 6t Tmdrich, Atlome~-~ - 22~10 Biscayne Blyd.. Miami, Flarida i J and shall perform, comply with and abide by each and every the stipulations. agreements. conditions and cove- nants of said promissory note and of this deed. then this deed and the estate thereby created shall cease and be null and void. 1. The Mortga~or hereby covenants and agcees: (a) To par all and sinsular the princ~pal and ~nterest and other sums ot ~ooney paysble by virtue of said promissory note and this deed, or eitAer, promptlr on the days respectively the sa~ee severslly becomes due. (b) To permit, coma~it or su((er no vaste a~d to ma~ntain the improvemeots at all I~mes in a state ot ~ood repair and condition. and to ' do or pena~t to be done to said prem~ses noth~r?~ that ~r~ll alter or ehan~e We use aod ch~ncter ot ssid property or in any ~ay impsir or 'i ~uken the secunty ot ~his mort~a~e. And ia case of the refusal, ne~lect or inability ot the Mort;a~a to ~epsit aed maintain s~id proper. ~ ly, the 1~atp~ee may, at his opuon, make such repa~rs or cause the ssn?e to be m~de, and adraace moaeys in tlut behalt. I I (c) To psy ~II snd .~n~ulu the taxes, sssessments, leries, liabil~ties, snd obliptions of erery natwe oa s~id described property each E aed everr rAen due and payable accord~ns to laf, befae they become delinquent. and ~o deliver to the Mort~asee on or betwe Idsrch lSth of eac6 year q: receipts ev~dencina the payment o( sll la.r(ully ~mposed u:es tor the precedio~ caleadu year; to indemnify the Mat~~~ee upon his demand for all taxes, azsesaments and ch~r~es that mar be assessed upon this mottsa~e oo the indebtedness a•- ! cwed hcreby, and paid by the mart~a~ee, v~thout te~ard to any Is~ bereto(ote eaacted or herea(ter io be enacted imposin~ ?aymeet oS lhe whole or any .vrt thereo( upon tht Mortt~i«- To pay all ae~d s~nsulsr the costs, chat~es and expenses~ includ~ns laryers' tees artd abstract costs teasonably ~ncuned rx paid at any ~~me Ay the Mortsssee becaucc of the ts~lute on ~he part of the ldortsa~ot to perform. coteply rrith and ab~de by each and every the stipula~~ons, a~eemenis, cond~iions aind corenanu o( said promissay note and [M~s deed. a either. and every such'p~yment shall bear interest from da~e at the rs~e o( ten (IOS) per centwe per annwn. (e) It ia fard~a coreaaeted u~d asreed br said puties Wt io We e~ea~ o( ~ auit Aeins iostituted to faeclose tbia ~«t{a~e. the Mat- ~a~es suaau be eai~ika a aypir .e .nr ~;,.e oeadins snc6 fateclo~rre srit to t~e coutt ba~ina jurisdictim tbereot for the ~pooiatweat of ~ reeei~er d~11 and sin~alu t~e ~ataated orooertr. aud of ~11 reats. ieeaxs. ~~ts. iasre~ a~d re~eaYei Wered. ha~ ~Aatsxrer sauee dcri~ed; aad tAercnyo~ ~s ee~eer esv~e,.~r eo~euateA ud a~reed ~6~t the Caut sMall larthrid~ aopiat soc6 rscei~er ~rid~ tLe wwl po~ers u~d drties of recei~en in like cuea; ~AA t~~A ~/POIAtstAt fLII b! yae by 1he eart u s Mtta ot sttiet risht to tMe Mort~see. and ~itAoot ~efereeec ~o the ~deqwcy a insdcaucr d me ralYe of t6e ~ooenr hereby ~ortqied, ar to tAe solreser ar inwl~s~cr o( the Mat~a~ot~ ar asr ot6a ~uty deftedast to anch s~i4 '~Ue Alorya~at beceby ~MeitiedlY ~~ives t4e ri~bt to objsct to tAe a~oiat~eut of ~ receiru u~tores~id ~ed bereey eapres~ip caeaesta tiat ineb a~ointsent a4a11 be Mde ~s ~a adsitted equity ~nd u a ~tte~ o[ ~bsolate ri~At to ~6e Matp~ee aad tlut tbe saws ~sr be da~e witboot aotiee to the Mort~aso~. (t) If torcctosure oroce~diap sbwld be iescit~teA a~aiiut tbe prooerty eorered br d~i• ~ottas~e rOoa ~er otber lien or cl~iie ~rf~etAer ~11s~eA to be s~qeriar or jrsiar to tAe lica o( tAis ~oryase. t6e MorW{se inr at 6is optia~ i~edi~telr noon institutiun of sucA s~it or durie~ the pendcscr tMaeof deel~re tbi• sort~s~e ~sd t4e, isdebte~ess aecurea hasbr doe uW ar~ble fanhritA and ~ur at its oOtiaa poceed to toreeloae tbis eortq~e. ' Tb~t the Mo~taasa ~ill keeP all re~l aed oenmal prooertr nor or Aere~fter eacusbered br t6c lien o( tAis ~ortsase insured ~s o~r be re~ired troe ~iwe to ti~e by t6e Mon~~ee yainst loss br tire. ~iedstan aad Wher AassMs. c~swl?ies aad contia~eecies (or such ~iods ~na (or iwt ku t8a~ ssc6 aeonnts ai yr rs requued br ~be Mo~yaiee ~ad to osY ~o~tly ~ben dYe ~II oresiues far ~YCb inaw~ace. 71s ~~a~uu d iaunecs reqoircd or tie Mo~t~~ee sball be We ~iei~us aso~sts for ~lich s~id iasnr~ece shall be vrittes aiW it sA~ll be iocu~beat qoa We lio~taa~or W Mietai~ sueA ~dditional iss~r~ace iar be aeeess~rlr to ~eet aM eon~plr f~llr ~riU~ dl co-ies~r~nee requireseata cont~ieed ia s~id Polieiss lo tAs sod tMat tbe a~id Mortqjor is not ~ co.iasnror tAerennder.lnsannce sAsll be ~rritua Sr ~ co~paer or cop~siu ~oprwrsd ar desipated br t6e Mortsases asd ~II ooliciei a~d rsae~~ls t4s~eof sAall be held bp t6e Matpaee. All Aetailed desi~tiaas bf ~Ms 1/o~t~~~or rAic6 ue acceptod br me Mottta~ee and ~11 yree~cets bst~een MwtNta ~~d Mort~~et tel~tin~ to iu~Yr~ate. ~or e:istin~ a~ bere~(tcr wade, sY~ll be ia ~ritie~ ~sd s4a11 be a out of this ~tp~e ~rceeest u fdlr ~s ~Aou~A ~et fortb rerb~ti~ 6utia ~a/ ~hall ~orctn bot~ osttisi betsto ~ad Weir ~neccssots ~ad ~sai{as. No IieA •nr of s~W policies af i~~urance a~ nyoe ur refrad at retom ~e~i~ ~YieY Nr !e p~ysble ae tAe eptefl~tia~ a le~inatioq tAertof. sA~ll be ~iree to otbcr M~n ~Ae Mart~ee. exceot bp poPer esdase~swt ~ffiaeA to a~ Polier ~ad ~potored bp Mortq~ee. E~eb ooli4r of i~srnsoe sh~ll w~e •tfised thcreto ~ Susd~rd l~le~ Yo~k Yortp~ee Clanse ~iWor[ Coattibrtiae. wtin~ dl loss or losses Yader sucA plicr arible to tAe Mortp~ee ~i its iatcreat yy ~~e~r. U tie s~sst uqr a~ a~~u of woney beeowe Nyable therewber tAe Mort• ~a~ee ilull kare tke oPtioo to receire and ~~Ir tie sue on aceawt of tbe iadeAtedae~s herebr secYred. a to oerwit thc Mortpta' to receive uA we it~ or ~~r Part dureof. ~ithont Werebr ~~ivia~ a i~qairie~ aor e~~~r. lien. a ri~Ml onder and br vit~Ye of W~s wort~s~e. W s+rc~t of la~s or our,ic.l d•~..~e to e~ .«~a.s~e ~o~r~y we Monp~or ~Mall ~ive i~scai~te sotice lAcreof br m~el lo ~Ae Monp~te aed the 11ort~~~te ~b7r eske proof of loss lf ~Ae ~,.e ~o~ ~aae pw~~ir er u~e ~«~a.~«. la evem of faecloswe o~ ~ 600K~4c~ PACE ~1SZ . . . . _ _ - - -