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PROVIDEn, ALWAYS. that i[ the Mo~t~a~o~ sh~ll ~ay unto the Mort~~`ee the indebtednesa evidenced by a #
- re~t~in pcomi~sa~y eate of whtch the foliowin~ in words aed [i~ures is a uue cupy to-wit:
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s 5L850.00 Fort Pierce. _ Fk?~;d~ Februarv 21~ ~y_76
Fl1K Y~t.t,E: RFCE1~~EU W~, jointly and severall~r, promire tu pay
tu the u~drr u( ~RILYN GORDON • ~ ~
!h~ p~incipal sum of .,~_~$OLISAND EIrHT~UNDBFD FTFTY~nsi no/10OU1,LAR.~, togethrr :riti~ ini~rr~i
then~un fn?m date at the nt~ uf lrn percent, pe~ annum until maturity, both principal and iuterest t?ring payable in lawful moury uf
t~ lJnitrd ~l+~ter at :`~~t Nisca~~ne Filyd., ~liartii, Florid~, w at such other place as the holders hereof may dc~ignate in writing.
F'I~ncipa) and intercal payable in ioslallmenlu as follows: ' •
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ONE HUNDRED THIRTY ($130.~00) DOLLARS per month beginning on the
lSth day of April, 1976, and continuing on the ZSth day of each
and every month thereafter until paid in fu21.
This note ~rsay be prepaid in v?hole or in part alter one year fcom the date hereof upon payment of a penalty equivalent
t~? ri~;l~t pen•rnt of llie prn~cipal ~um prcpaid. •
f.~ch in:t~llment payment ~hall be credited firat on the interest due, and the remainder on principal; and interr.t shall tlu•n•-
upun ~easr upun thr principal su cr~dited. .
Th~ make~ ~nd endo~.rn of this not~ further agree to waive demand, notice of non- ~aymrnt and prot~:t, and i~•the cvent :uit .
~liall hr bruught [u~ lhe ~ullrclion hcreuf, or the same has to be collected upon demand o~ an attarney, to pay reasonable attorney'.
irr~ for making ~uch collection. , - •
~ Urf~rred paymeM~ hercund~r chall bear interrct at the rate of ten perceot pe~ annum (rom maturit} unti) paid.
7'hi: not~ i.c secured by a mortgaR~ o( even date herewith and is to be construed and enforced according to the (aws of th~
~~:tat~ of Florida; upon delault in thc paymeot of principal andlor interest when due, tht whde sum oE principal a~d interc~t
~ r~mainiog unpaid shall, at the option of the holde~, become immediately due d payable.
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Prep~rrd by ~prler 8 Trndnch, Attornera - 2240 Biseayne $Ivd.. ~tiami, lar s "
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and shall perform, comply with and abide by each and every the stipulations. agreemtnts. conditions and cove- `
nants ot said pcomissory note and of this deed. then this deed and the estate thereby crested shall cease and be =
nult and void. - -
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1. The Mortsasor hereby covenants and agrees:
(a) To palr all aed s~nsular the principsl and interest and other suas ot aaney p~yable by virtue of s~id promisso~y eote and- this ~
' decd. or eit4sr, ptomptly on Ihe daYS tespeetivelY ~e a~me sererally becoaies due. '
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lb) To permit. coaiait or suffer eo vaste a~d to ioaiatain the ~mprovemeau at ~sll ~iaKS ia a state o( ~ood repsir and coaditioa. and to ~
f do or per~i~ to be done to ssid premises aoW~ns that +~ill altet or cbanse the usc aed ch~r~cter of said property or ia any *rar impair or
~ rreaken tAe security o( thia mortp~e. AnQ in case of tAe retusal. ae~lect or iasbility of tAe ?lortp~or ~o repau ae:d auinain said proper.
f tr, ~he Idorlpsee aay, at his option, make such repaira or cause We s~me to be usde. and. sdvsnce aoneya in that behalt. ;
~ (c) To pay sll and a~nsulu the tsses. ~sscssments, levies, li~bilities, snd obliptions of every nature an said descriEed property each ~
aad e~etr ~rhen due sad payable acc«dins to law, befae they becaee deliaquent. snd to deli~er to the Mort~a~ee on or befae t`larch
( ISU~ ot each year tax receipts evidencias ttic psyment of all lar(ullr ~~posed uaes tw the precedin~ caleadu year; to ~nderomty U~e ~
Mat~a~ee ~pon his demaad for all taacs, •~sesaments and char~es that msr be assessed upon this mott~s~e on 1he i~ebtedeess s~• - !
cu~ed bereby, and paid by thc m«t~asee, s~thout re~ard to aer la~ Aeretofo~e en~cted or hetea(ter to bt.eaacted impa~in~ ?ayment ot
the ~rbole or any ~art thereo[ upon the Mort~a~ee.
(d) To pay sll and aio~ular tbe cos[s, cAsr~ea and expenses, includ~n~ l~.yers' tees and abstract costs re~so~ably incuneA c~r paid at ;
~ any ~~ae by the Mortpsee because of the fa~ture oa ~he part ot the 6lortpsor to pertoro~. comply rith ~nd ab~de by esch ~nd every che ;
st~putrt~ons, a~reements, cad~tions and corenaots of s~id prooissay oote and this deed. or eitAer, and xvery sucA'payenent shstl be~~
~nterest tcao date at the rste ot ten { 10S) Der centwn per annum.
It 1! ~Ir1Aif COrtMOI~A ~OA ~/tCCA ~r ~~IA Olfllts t~lt tA [~t !~IlAI O~ ~ lll~l bC10j IOf~IWtCd !O ~OltCI0i6 tblf ~Otlj~jC. ~6e Mort-
p~ee ahall be estiUsd to ~~ly at ~ay ~i~e oeadia~ sae6 taselasure s~it to tbe court baries;urisdietiaa ~Aereot tor the sopoiatseat -
of ~ recsi~e~ d all aM siaplu tbe ~atp~ed orooertr. taa ot all reau. iaca~ea. oro(ita. iasnes ~~d rs~sarei tbereof. fra~ ~lutsoe~e? .
• sa~ce de~i~ed: sed tlKreoyoa it i~ e«<er sz~e„ir ~o.w.c.e .ee .~r.a ~.e w cawc ,a.n tore?.~~ .Moa~ «~e~.~~ .~a
tAe wwl p~ecs an0 datiw ot receiren ia like eusr aed s~i/ ~rooiat~eat sMall be ~de br tbe eourt u~~atter ot striet ri~6t to
tbe Mortia~ee. ~nd ~itbo~t refercece to tbs ~deqwer a ieadepucr d ~Ye ~aire ot tM prooenr ~erebr ~oryased. ar to tAe ~ot~encr ~
oi insol~swcr of tLe Mortpson or ~ar o~ha {iuty aefesdant to areA suit. 7M MoctN~ot hsrebr aoeeificallr ~~ives tYe ri~At to objett :
to t6e ~pooistweot ot ~ rscei~u u~tons~id ~ad Mreby ss~euh eaaaest~ d~at sreb ~~oiat~snt sA~ll be ~de aa ~itted equitr ~
uW ai a~stter o( ~bsolru ri~At W ~6e Martp~ee sed dut ~s aue ~r be da~s nid~ort aotice to the Morl~iar.
(f) !f torcclos~re ~ocs~diy~ sAonW be iaatiwtd apiast tbe ptoosrtr eovatd !~r lhii wo~tpas ~p~ anr otber lien a cl~i~s rrbetber t
a1te~N to bs s~eri« or joaia to d~e lite o( d~i~ ~orya~e. d~e ~~~se wry ~t 6is aPtio~ i~sMistelY roon ia~tiwtion of sacb s~it ~ f
or Owiai We pendeecr waeot declue d~i• ~ortp~t ud tAe i~0ebted~e~~ ~eeured ba~r dne aAe wrae~e raw~itn a~e ~.sr ~~s ;
~ ootioa ~occN to tareelo~e tria worya~e. ~
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~ (fl Tb~t tbe ~fort~a~o~ ~ritl keeo all rs~t u~d oersoast oc~atr ao~ or 6aeaticr e~cwbered br tbe ties o( tYis a~rt~s~e insured as ~~r ~
se rey~ired how ti~e w tiM br tYe Mort{Kee ~ieat loas br fire. wi~dstot~ ud otAer Aas~?ds. saswlties ~ad eoatin~eacies (or sucA t
~ oeriodi aod (or eot kaa Wa iireA isornu u a~ bs rsqnued bq tYe Mortssaas s~d to ar ~aytly ~Aea dYe ~U orewiwiu ta sYCh {
ias~r~eee. 71s ~~oYnta d iMrrnee teqaireA bp tie Mort~a~se aAall be tks ~iai~w a~ouats tor ~rYicM s~i! insoru~cs sMall Oe .rittse +
~ad ii sYall re i~en~beat :oai tf~e Mort{~~or to ~a:ut~ia areA ~dditias~! iiurn~cs a~ w~r be eecesssrn to sieet sed cosPly frlly ~itA s
all co.ia~nrwee reqniteas.ta ~onuieeJ ia s~ia oolieisi to tYa s~i Mat tAs s~id Mortaaaa~ is sot ~ cauuera~ tMersaader.lnswsace i~
slull be rritt~o b~r ~ ca~pt~f ar ca~eis~ aprwed ar desiWtd er IMs 1lor~u ~ad all oolieiss aed rsss~~li U~s~eo( sA~!! bs ~cld `
bp tYe Mertiasee. All ds4ilel aeai~satioas bp tra Mo~t~aaar rrhieh ~r~ accepted ?p ~6e Mortsa{ee ued ~11 yres~e~ts 6e:~sse Mortq~a
u~d Morts~{se reluia~ to isarra~ee. w` ezfat~n~ a Mers~ttu ~uds. s~ll be ia s~itiu asi ihNl be ~ Part of thia ~ortp~e kreursat }
u fn11y ~s tbon~h se~ fartl~ rerbrti~ lasia ~wd ~hall ~orers bot~ oarties beteW ani tLsir aneetisots ud uiips. No liss opoa aay of ~
~ald oolieiea d iiuwwce a~~slr refYUd ot rswrn ~e~i~ diN ~r bs ar~ble ow the e~eeeltatios x terwieation tMereo(. sh~ll ~
?s ~irsa to othcr tAaa tMe Mott~ee. eaesot br orooer eadoae~ewt ~ffi:ei to ire6 oolicy aud a~ortd yr May~ic4. EacA oolicr of ~
iaa~reass ~6all Mre ~[fise~ tAe~eto ~ Stasdrd Ns~ Y~t Monp~ee Cl~nse ~itl?wt CoaaibYtior. w~ki~ s11 loss ar losses Yader sYCb
ooticr ar•sie ~o ue wa~~.ase .s ~u ~eare,~ s.r~•~su. b t~t s~qt ~tp sra at ~w~s of woaer beeawe ayablt therew~der U?e Ma~.
pKe sbll hare We oPtiaa to rsceive s~d.~~lr tAe ~~s o~ ueoant of ~Ys iad~bteA~sas hereby ~ecwcA, a to oensit tAe Mort~a~or
to recei~s ae/ we it. «.ey o.r~ d~ereof. ~ithort uerebp ~~ivi~ a i~iriu~ ..r ew~~r. lie~. a ridt w~der aad br vittne ot this ~
' worpsae. 1~ e~a~t of loss or ~6rsic~l da~a~e to tbe ~t~~seA Rooerqr d~e Mortp~ar ~11 ~ive iw~edi~te aaice ~Aereof br ~a~l io ?
cAe Mwtp~ce and tbe Matp~ee ~r w~ke ~od of loss if tbc sa~e is nW w~dt Oro~ptlr br tbe llat~~~a. la evem a` taeclos~re o! ~
P:~~t ~!1~.~ OO~
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