HomeMy WebLinkAbout0091 PROYIUEn. ALI~AYS, that if ~he ~1ort~.~or shall pay u~to ehe ~brt~a~ee the ~ndebtedness cv~dcnced bY a
ccrta~n p~om~~sa~Y ~ote ~~t wh~ch the follow~n~ in wotds a~d f~~nres ~s a true copy tw~?~t~
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~I Ce~~.g~ ~~ota ~
5.~,.144..QQ_ Fort Pi~•rce, f'k~rida~--- ~L^_11 2, ~~~__76_~ ~
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F1?li ~'•~I.l'F. KF.(:f:l~'F:1~.. W~~_ ~ointl~- _a~d_sev_erally_1•___ _~~T promi~• tu pa~;
t.? th~• u?dr~ u( [`10RRIS BERGS'TEIN AND_ MIRIAM _ BERGBTEIN _ h~3 Wl~e v
~I~~ prim•ip~l .u~~~ FOUR THOUSAND ONE HUNDRED and _no~10~__ ~h ~~.1,:~N~, ~~Kr.lh~ r M~tl~ inrr~r:t ~
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thenun f~om dalt al lhr ratr u~ ttn ~n•~nt, F?ec annum unt~! maturity, Iwtb principal and iutrres~ L.•ing p:~aW~ in IaMG~) ~nonr~ uf ~
~ l!nitrd ~t+lr. at :"~•11 f{i•+•aynr l3hd., ~liami, Florida, ur al such uthe~ piace as the holde~ hercof may de..ignat~ in writing. ~
~ncipal a~d interr~t payable io imtallmen4+ Ys follows: ~
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ONE HUNDRED ($100.00) D(?LI.ARS per month begi.nning on the 15th ~
~ay of June, 1976, and continuing on the 15kh day of each and ~
every month thereafter until paid in full, ~
Th~s notz ma~ bt prepa~d in v?hole or ~n pa-t a[ter one year from the date hereuf ~pon payment of a ptnaltv equivalent
to ~•i~l~t prrcrnt of Ihr prir.cipal ~om ~~rrpaid.
Farh imtailmrnt payw~•nt >baU IM ~•reditrd fint ot~ the intercat due, and lhe nmaind~r un principal; and inlem•t ~hall thrrr• •
u~~uo ~•rav upun lhr pnn~i~wl W~ ~•r~•dit~d. ~
Thr mak~n ~nd rndut~•n of lhi~. nut~ furthe~ agrr~ to waivr dr.mand, nutice of non• ~aymrnt and prot~•:t, and in iiu• event ~ e E
,I~ell br b~uuKht fur t{~r rull~•ct~on herro(. ur th~ same has to be colltcted upon demano o~ ao atturney, to pay reasonable attorn+~y
~rr~ Rur ~nal?i~e~ ~uclt cullrctiun. -
I):t~rred paymrnt~ h~r~und~r ~haU bear ~nt~rnt at the nte of ten percrnt p~r annum (rom maturity until paid. -
7'h~~ nc~tr i~ vcurcJ by ~ morlg+K~ of even date hrtewith and is to be construed and en(orced accordi~~ to the law; o( th~ ~
~tat~ of E~lorida: u}.~n drfault in th~ pa~m~nt of princi~a) and~nt interer.t ~:hc~ du~, the whole sum of principal and int~rost
rrma~nir.R unpaid .hall, al the c~tion of the holderr., become immediately due and payaLlt.
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I '~/r_~t~,.~.r-c~~ ic..t.% ~/r„r.~tt~. .F:1L ~
Prrp~r~d by ~prler K Tendn~h. 1tt~rne~~ - 22~ Ri.~eayne Wrd.. Miami, ida
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~nd shall per(orm, •:umply w~th and abide by eac!~ and every the stipuia;eons, agtesments, conditions and cove-
nan~s o[ sa~d pram~ssory note and of this deed, then th~s deed and the-cs.~tc ineroby created shall cease aac4 be -
aull and vo~J.
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1. Th* Mottaaaor hereby covenants and agrees: t
(a) To pay al! and s~n~ulat the a~nc~w~ and mteres~ and other ~ums o! aMney payable by v~ctue d ss~d prom~ssory rtote and th~s - ~
deed, or er.her. ptomptly on tAe dsYS uspect~~efY ~e same severally becomes due. . ~
(b) To perm~~, coaresn or sufter no a~aste aad ~o ius~nta~n ihe ~mproresaer.:a at all t~mcs ~n a state o( ~ood re~art anC cond~uon, and to
do a peruH 1a tre done ~o s:~d ~eo~ses net~m~ tha[ +~il alter w cAanse tAe use snd ch~racier ~f sa~d proper~y w~n any rray ~n~pa~r o~r
.esktn ~he sec~c~~ty o( th~s nwr~~aae. And m csse ot the rc(usal, ne~lect or mab~luy of the Mortpsa ~o repalr ar.d wa~nu~n s~~d proner. - ~
ty, ~he Nort~a~tt rnay, tt h~s ap~?an, rnake sucA :tpsus or esuce the same to ~e msde, and advance moneys ~n.thst be1~a1(.
(ci To psy all snd ~:nsular Me ~aaes,_ assessments, lev~es. 6ab~l~t~es, and obli~~~~ons of erery natare on ss7d descnbed property each
snd e+rery ~hen due aad p~yabie acc«d~ns tu ]a~r, be(are ~her ~ecome del~nquent, and te del~ver so the Mwtsa~ee M or betore 1Aarch
IS~A of ucA yex ~aa rtce~pta cv~denc~n~ iAc payTent o! sli la~rtully ~myosed taaes for ~h~ preced~ne calendar year; to ~n4eeee~fy We
Nat~a~ee upon h~s dew~nd (or •11 ~a•es, a.sessmcnts and cRar~cs thst icay be sssesscd uyoe th~s ieort~a~e on tAe ~ndebtedness a~-
cured hereby, and pa~d Oy the moriE~ere. .~~Aout re~ard to any !a~ Aere~o(ae rnacted or hereatte~ eo be enaeted smpos~n~ ~?ay~stnt ot ~
the .hole or any ~srt thereof upon ~Ae No.~ts~ee. -
ia) To psy aSl a!d s~n~ular tAe costs. char~es and expences, ~r.clud~n~ lawytrs' fet+ and absuact costs reasunably ~~curred or pa~d at
. any umt by ~hc ltmt~aRee becawe o( th~ ta~ture on ~he part of ~hr A1ort6asot to pedorm, comDly .~th and aa~de by taeh snd every the
s~~pul~uons, aareements, coe.ou~ons aM co.eean[s of tia~d prom~ssay eote and th~s decd, or.cuher, and every such'paymene shail bear
~n~crest f~om da~t at tAt rate of tcn 1)0-'t) per centum per annum.
(e) It ii I~r~Au coren~ated •na •~reed er aeid o•r~ies t6at ie We ereat of ~ suit bti+~ iaatituted to toreclose tbis awrtpse. tAe Ya:-
ptee sA~ll Ae euti~kA W•~Ir ~t aar ~iee yeedins sucs torcclesire srit to tbe court Ifariss j~risdictiea Wereo( ta tke a~oiatss~t ~
d~ recti~st d~Il utd iia~~lu the ~ortta~td aropettr. sad ot all rw~a. inco~es. yr~u. i~auta ~ed re~snres thereof. fro~ ~rfubos~er t
sowte Aentied: ~a0 tAere~poa it is Acrcbr eaprciilr co~esaated •od ~~reeA Wat tbe Caut ~full fatY~ith ~~oiet sncA recti~er ~id~ ~
tUe w~~l ~er~ asd d~ties of recei•ers in like casei; ~ud s~id ~opoiatscnt ahall be ~de er she co~vt ~a a watter of striet ri~At to
We Nortsa~ee. ~nd ~~thont reference to ~hs ~deqwcy a in~deqeacr of tAe r~lYe o( t6e otopehr Aerebr ~atsa~ed. or to tAe sol~e~cy ;
«~~,oi.~.~r or w«~s.sa, ar .pr ou~~r y~rtr dcfcadaat to srcA srit. TUe Mott~~~a herebr specifieallr ~~i~cs We ri~t to object ~
~o t~t aP~oisuseet of a rece~~sr ss sfacs~id ~nd Atreby eaptessl: :msceta ~h~i sreA ~yooistaeat sd~ll tc ~sde ~s ~n ~iued eaaitr •
and ~s ~ rt[er o( ~saolute ri~A~ to tAe Ma~p~ce aad thst Ur aa~e ar be do~e ritbout aotice to Ihe Morta~~o~. `
(f) If faeclaaYrc poccediaN aAoYW De iestiwtcd a~~i~st the ~ooertr co~ereA br Wii ~at{~{e ~ooa aw~? other lico or clai~ ~~etAer
~Ile~ea to ee arpcrlor o~ jvnio~ to the I~ce d tAi~ r~ayass. tAc ?lortla~ee s~r ~t Ais oatim i~sedistely ~oon iastitetioa of sYeU snit
a a QYru~s tA~ peo0eecr ~Aercof Acctare tAis sort~a~e eed tAe indcEtedeess secure6 AaeSy dae .nd oey.bte ta~A.?W .nd nar.~ its
ootiae otoceeA to faecloss ttiis warq~~e.
(~1 Tlt~t twe Mortµ~or ~ill keeP sll rc~l ~od penoeal aropertY eor a hereafter encwbcred by t6e liea ot tbis iwry~~e ~nznred as way
bt reqrired f~a~ ti~e w ti~e ~r tMe Mort~sate a~inst loss br tirt. rriMstors ~nd otAer Aasuds. c~swlties ~ndi coe~~ia~eecies fo~ srtA ;
oer~ad~ aad (a sot kas tAaa ~rcA ~a~oYn~s ~s ~nr Gc req~~ue6 br tAc ilott~ce .pa ~o ar v~a•a~r rhea dYe ~11 pem~ues lor sYCA ~
uuu~nnet. TM ~~nts of i~wuct req~ired by +~e 1brt~asee ~Aatl b~ tRe ~iaiwms ~soYnsi ta ~h~cA a~id ies~raece sAs!! be ~nltw ~
swd ~t ~Adl !t ~uca~beat ~ow rbe Motta~aa -lo Miet~ie snch ~dditiueal iesiraac~ as wr ac neccssur te ~tet sed co~ofy f~lly ~~tA ~
~11 co-i+uw~wcc reanire~cets coa~ii~ed i~ ssiA ooliciei to t4e e~d that tAe saiA l/ort~a is not ~ co-ieswa tAereuader.taswu~ce (
sYsll ba ~rittew Sr s cay~ar or copw~es ~pto~ed or des~p~ted by tAe Mort{~~es aad all policie~ sed rswe~sls wsrtot thall be ?sld ;
sr t1s Yat~asee. All Ae~ailed /esi~ea~enws br the Mana~~or .h~ch are accepeA Or t6e Nat{atee sed ~I! yree~eees ~st.sen Maty=or ~
a~d Mort~~{ee reistina to iuaYrsecc, eo~ eaistia~ or Aertafter ~ade. sAall se is .ri~'sn~ aaJ iU~ll !e ~ part ot cAis ~at~a~e yresws~t -
u f~lly tAor~h sct forJ~ ~erb~u~ Auc~a aM sA~li ~e~er~ both artisi Ae~eto snd ~Aeit soceesaors wd usi~ss, iio {iee ~eQoe aar ~of ;
sali plicies et iuawusce ar ~ae ~q reluM a:etwa ores~uw ~Micb wr Ae O~rsble oe t!s s~~sellstiaa a teroiuatiow ~Aereo(. shdl i
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Os pvee te et4tr Mw tAe Mott~s~st. e:eeot 6r prooer eedaie~swt affi:cA te ireA ool~eq and ~pOrored dr Ma~{a~ee. E~cA oolicr of }
i~a~rNCC aAall i~a~e •ff~sd tAc~eto ~ St~odsrd Nc~ Yort Mort~s~ee Ct~we .itYovt Coe~r~buaaa. wki~ ell loss a tosscs w~der s~cb ~
plity Nr~Alt io tAe Yott~~te ~s ~ts ~oterest wr apetr. t~ ~Ls evsit ser ams or sraa d iroe+tr Ascsit ayablt_t8erew~Aer [Ae Mon- i
{a{et iAall ha~e 1M oPUOn ~o ~cct~re •ad •~Ir tis s~e on sstoa~t of ue uWeeteOasss ~eretr asc~crd, w~o perM~t tAe Mo?~~~Ew r
t~ recei~e ~e/ we ei, or ~sr art d~crcd, vitl~avt tAc~eb~ ~eiv~a~ or ey~in~ a~Ir eqnit7. I~sa, o~ n~At rndct and br rulrc of tAts ~
~ort~s. e~ea~ of lesi a OR~i~cN d~ea~e to tAe ~ort~s~ed pcye~ty d?e !lort=.~~r sM~ll i~•e ~eed~afe saice ~crsd er ~ail to
tf~e 1~1wWtee aed ibe Mer~~isee ~sr r~kc proaf oi loss ~f tAc sa~e :a no~ u~de gt~olir br the Matsa~er. is t~ewt of (aeclosws of
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