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Home My WebLink About0934 ! PROVIDEn, ALWAYS, tha~ if the A1o~t`a~or shall pay unto the !Nort~a`ee the ~ndebtedness evidenced by a cerla~n p~omisaory note of wh~ch the followin~ in words and fi`u~cs ~s a truo copy to-wit: ~ ~ 4,150.00 rort Pierce, _ ~~i„~;,t.~ December 23, _ 75__ { - _ F 1 f F'1 ~It ~'Al.l'H: lit~:(:N:I~ F:!? - - - - - Prumi.r tu p~~ ~ i ~~~~r~ ~~r - -NARVEY ROLLIN _ _ _ - - I th~• p~inripal _~4lJR_THOUSAIVD- QN~_-H4~NDf~D ~_IFTY._ a?1d_ no/100 I~ul t:~Itti.luKrthrr wvlh iatrrr~t ~ ~t?rrrun frum Jal~ at the rat~~ uf tru ~Mn•~•i~t, prr annum until ~nat~rih•, bulh E?rin~•iNal anJ i~il~•~c.l t?einK payablr iu lawful munry :~f thr l ailed ~tatr, at '_'.'.•4L lii,r:~~ ~u~ Itl~ d.. ~liami. l~ lorida, u~ at w~•h alher plaee a• tl~r huld~~r. hereu~ ma~• de.ignat~ in writin~. ~ Pnncipal anJ int~rr.t pay3ble in in~lalln?cnt• a~ fulluw~r: ~ i i I~ _ . NINETY ($90.00) DOLI.E1RS per month beginning on the lSth day of Febr~iary, ~ 1976, and continuing on the 15th day of each and every month thereafter ~ until paid in full. • ~Fh~s nute may be prepaid in uhole o~ ~n part after one year from 1he date hereuf upon payment of a penafty equ~valem 9 tu ~•i~hl w•n•~•ot ~?I tlu• prin~•i~~al ~iun ~rr~•paid. ~ j~ F:ach in•iaUrn~•~N paymrnt ~hal{ l~r rrrditf•d fi~t un th~ inte~est due, anJ the rP~uaindrr on principal; and intrrr.t ~hall If~~•rr• 4 I ~ "~,~~~7 h a makr~n anJ~~ ndo~vn ~~f t6i~. nut~ furtl~~•r a~rrr lu waive d~•mand, nutia• u~ non- ~aytn~•nl and prut~•st. and in th~ evrnl .uit ~ ~ I _hall br brouKhl ~or thr ~•ullrrtiun h~rcuf. or th~• ume l~aK tu k?e~ colleclyd upon d~manJ u~ an alturn~•y, tu pay ~ea.~onable attorney~~ ' y , i~•~•. lur n?akinK •uch ~•ullr~•tiun. ~ I lrf~•rn•d pa~•inr~~1~ hrrrund~•r >hall h~•ar int~rr~1 at the rate uf len pe~ernt prr annum Irum malurit~• until paid. • I his notr is v~urrd bv a morlgaKr of e~•en dat~ h~~~with and is to t~e construrd anJ enforced according to the laws of thr : ~tate ~if flurida: upon deFault in th~ pa~•m~nt of prin~ipal a~Jlor inter~sl when due, the whole sum of prmcipal and int~~st ~ r~•maminR unpaid shaSl. at Ih~ option uf th. hold~n, be~bme immediately due and payable. ~ ~ - ~ ~ ' _~~l ~t1c%---_ ~~R"t `~~fil~'`''"'J (tiEAI.) ~ f. 1 (5Er11.) i F'r~parrd b) ~prl~r K fendn~h. ~Iturn~y~ L2N1 Ri~raqn~ Wvd.. ~liami. Florida ' ~ ~ and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and cove- nants o[ said promissory aote and of this deea, then this deed and the estate thereby created shall cease and be null and void. 1. The Mottgagor hereby covenants and agrees~ " (a) To paY all and sin~ulYr tAe pr~ncipal and ~ntcrest and other sumc ot money payable by virtue ot said prom~ssory note and this deed, or e~lher, p~anptly on the days respectirely the same se~erally Decomes due. (b) To perm~t, comnu or su(ter no ~raste a~d to mainu~n the ~mprovements at all umes in a state of `oad ~epa~r and condit~on, and to do or permu to be done to ss~d premises notMns that v~ll alter or chan~e the use and character o( sa~d property or in any +~ay iiepa~r or reaken the secu~~ty of th~s mori~a`e. And in case ot the refusal, ne~lect or mab~lity of the Mort~asor ~o repair ar.d mainuin said proper- i ~y, the Mortpeee ma~r, a~ h~s opt~on, mate such repaus or cause the ssme to be made, and advance moneys in that behalf. f - ~ (c) To pay all and ~~n~ula~~he taaes, assessments, lev~ts, I?ab~lnies, and oblisat~ons of every oature on sa~d descriDed property eacA and every rhen due and piyable acc«d~n6 to lar, bef«e they become delinquent, and to deliver to the M«tta6ee on or before March ~ 151h o( e~ch year taa receipts ev~denc~n6 ~he payment o( all lavfully ~mposed taxes for the precedins cslendar year; to ~ndemn~fy tAe ~ Mortsa~ee upw~ A~s dem~nd for all uxes, a.sescments and charees that msy be assessed upon th~s mort6a~e on the ~ndeStedness ~ cured hereby, and pa~d by the mortaagee, r~thou~ resrrd to any law hereto(ore enacted a hereatter eo.be enacted impos~n~ ?ayment of ~ ~he ~hole or any ~arl thereo( upon tht 1lortsa~ec. (dl To pay all and s~n`ular the cos~s, charses and tapenses, includ~ns lawyers' fees and abstract costs reasonably mcurred or pa~d at any ume by 1he Mor16a6ee becau.e uf the fa~lure on ~he part ot the Morigs`or to perform, comply w~th and ab~de by eacA and every tAe st~pulat~ons, asreements, cond~tions and co~~e~ants ot sa~d ptom~ssay note and th~s decd, or e~ther, and every sueh~payment shall bear intcrest from date at the rste of ten 110'G) per centum per annum. (e1 It is futtAu torea~nted ~nd ~ireed by s~id p~rtie~ t6~t in the erent of • suit bein~ iastituted to foretlase this owrt~~se. the Mott- Nlee sh~ll be entitkd w spplr •t •ny tive pendin~ sucA foreclosure s~it to tbe court barin~ jurisdietim ~hereof ta the app~intment of ~ recei~er ot ~II and siaEul~r tAe oatt+icd oropertr. and o( all ree~a. iecaaes. profiu~ iasuei asd rereaues thertof. ftos ~rA~tsotver source derived; aed thereepon it is hereby expresily coreoaated •ad ~~reed th~t t6e Caurt sh~ll forthwith ~opoint sucb receiver ~ith ~d ~be wwl po~ers aud du~ier of receive~~ in lite caies; aad •~id aopoiatmeat aball be m~de by tAe eourt u~ aatter of striet ri~t to C-~ - ~ Uie Nort~~~ee, and ~it6wt retereoce to the adeawcr a in~dequacr of We v~fre ot t6e pcoperty berebr sort~a~ed. or to the solveacr or insolvencr os tAe Mortp~ots ot ~ar oWer patty detendaat to sncb suit. Tbe Mottq~or bete?y ~oecitie~llr ~~ives tl~e ri~At to object l'~* to the •pOointment o( ~ receiver ~s ~faesaid ~nd heteAy e:ptesshr cauent~ Ih~t such ~opointsent sAall be ~ade •s an admitted eQaty ~ ~ and ~s a watte~ o( sbsolute ri~ht w tbe Mo~tpsee ~od that tAe swe wr be doae vithout nonce to tbe Mott~~~o~. ~j ~ (f) If foreclosure proceediap sAould be iastitutcd a~~init We propeny corered by t6is wortp~e upon anr other lien o~ cl~iis ~hetLtr •tle~ed to be superia a junior to the lien of thi~ sortp~t. Me I~kttts~~te mr ~t Ais ootioe iwvedi~telr upon instiwtion of such s~it ' or dwin~ the peodeacr thettof decl~re tAis scrt~~~e ~ad the iadebtedness secured herebr due ~nd p~y~blc fonh~i[h ~nd iasY its option proceed to forcclo~e tbis morts~je. ~ ~ r Tb~t tbe 11at{a~ot will ttep all re~l ~nd person~l property no~r or 6ereatter encwsbered Oy tbe liea o( tbis sort~a{e insured as may ~ µ bt required frow tise to tiwe by the Morta~~ee ~inst Iws by (irc. rindstam ~nd other has~rds. c~swlties ~nd contia~encies tw such ~ oenads and tor aot Iess tbaa such aaoYnts ..r ee required sy t6e MottpSee ~nd to O~r prosptlr rheo dut ~11 prem~w~s for srcA i~ ~ inaur~nce. The asounta ot iwunace reauired by We Mort~~~ee sb~ll be tAe wieiouA asouats tor vbic6 aaid inaYrance ~b~ll be ~rittea ~ aud it sA~ll be iocuebent uooa tbe Mort~~~or to yinuin sneh sddiuoad in~uraace as ~ay be neceas~ry to aeet ud cauplr tullr ritA all cainsYru~ce reouire~ents cont~ined in s~id policies to the eod that tAe s~id Morta~~or is not a co-iss~ua thereuMsr.lnsur~nce ~ sA~ll be ~rrittto sy ~ ta~~ar or cospaniei a~oved a desisa~ted by the Mo~t~stee aed ~II policiea and reeer~ls tAereot sAall be beld br 1he Matp~ee. All detailed desi~na~ions br tbe Mon~~~or rhieb ue ~ccepted by t~e Mort=a~ee ~ad ~11 yree~ents eetween Mats~~or ~ ~ed Morta~~ee rel~t~ns ~o insur~ace. eo~ e~istins or Aeredter m~de. a6~11 be ie nitie~ ~na ~h~ll be ~ put of tAis ~tp~e a~recaent ~ u fullr as t6ou~h sct forth rcrs~tiw Aerein ~nd ~h~l) ~orera both p~rties hereto and tbeir snccessora ~ed usi~as. No lien upon ~nr of ssid policiea of inaur~nce a upan anr refund or retum pre~iu~ oMie6 s.r e~ p.r.sie on we ~w«~~.~~on o• ~er.~e.~~oe ~~~rcot. shatl be ~iven to other ~Aan tAe 1lorta~~ee, eaeeot Ar proper cedwscsent •ffiacd to sucD polity ~nd ~Ppored br Mor~{a{ee. EacA policy ot ~ inaunnce sh~ll hare affiaeA ~hcreio ~ Suedad Ne. Yo~k 6lorts~~ee Cl~we without Coouibutim. w~kin~ all los~or loases under such ~ plicr p~Yable to the MottN{ee •s iu ~aterest sar a~eu. la tlte ereat ~sy sua or suss ot ieoaey becwx p~rable thercunder the Mort- q~ee shsll have the optian to rece~~e snd •oply the a~se on ~ccount of tbe indeetedness bereby sec~ued. a to penait the M~xt~sdor ~ to recei~e and rse it, or ~nr p~rt tAereo(. ~itAwt Werebr w~ivia{ or iwP~irins ~ny eqritr~ liea. or ri~At under and Ay r~ttYe o( tA~s eort~a~e. In erent of lo~• a phriical d~masc to tbe Aon{~~ed proptrtr d~e MortN~a sA~ll ~i~e ~wised~~tc notice Ihtrtof br ma~l to ~ the Mwt~~~cc ~nd ~Ae I~IcKt~~see nuy enke proof of los~ ~f ~he aaae ~s eot made Otomplly by tAt llort~s~a. (n ere~~ of torecloswe of ~ - ' ~ b°°~ -kw ^ ~,w.e*~~_,...:..,..°..-~-• - . . ~ x~ ~ t. :