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Home My WebLink About0534 ~ . f'Rl)~'ll)F.1~. :~I.NAY~. ~ha~ ~f ~h~ \turig:~gor .hali pa~ un~~? ~he \k~rtgagre thr indtbtednr~~ rv~~rnrrd hy a rtrta~o prum~.+u~~ nutr ~~f whirh ihc (oUuwing in NurJs anJ figutc~ i. a trut ci~py ~~~-wit - - ~_5 , 425 . 00_~------- Fort Pierce. F'~~?~~~~;+ MaY-2?-~----.- 76 F~~It ~Ll'F: RF:(:E1~'F.i~ ----WE:,lointly and severally:` ~?~o~,~~~• tu pa~ HERBERT PR08S ~ _ _ _ _ - - - - - - - _ t~~ thr o~dr~ of _ - ~ (ojry•t{t~•~ k~ll~ inlr~r~ thr F?rincipal ~~t ~.~V~ THQIISAN~ _FSZI~ HlINI2AEI?_ ~NTY-FIY~ ~nd- ~P1. . thrrcun (rum Jate at Ihr rat~• uf trn ~xrr~nl, per annwo until maWrit}', bulh ~?rini•ipal and iut~n~al (N•ing pa~•abl~ in laMfui monr~ i thr t'n~1rd ~tatr, at '~'.'.-L~~ liiw-a~nr I31~J.. \tiarni. E'Io~iJa, u~ at ~uch othr.r placc +s lhe huldcn hereu~ may dc.ignate in writ+nK. ~ Princ~~~al and inlrrr~t pa~ abl~ in in~Catlment~ a.~ fulluw.: ONE HUNDRED FIFTEEN ($115.00) DOLLARS per mo~th beginning on the 15th day of July, 1976, and continuing on the 15th day ~f each and every month thereafter until paid in full. . ~ Th~s note may be prepa~d in whule or ~n part after une year from the date hereof upon payment of a penalty eyu~valent t~? ri~ht ~~~•n•~•nl uf lh~• prin~•iF?al ,nm pmpaiJ. ' Fa~•h in:lallmrnl payna•nl ~IIJI) IM ffl`dited fint un thr inte~est Jue, and !he remainde~ vo principal: and inl~re~t ~hali th~•rr- I u~~uu ~•ra.w o~?un thr prinr~pal ~•rrditrd. Thr ~nakm and .•ndurw•r uf thi~ nut~ (urthr•r a~n•~ tu wa~vr drmand, nuticc uf nom~~aym~•nl and prot~•.l, and in tl~~~ rv~nt ~uit i .{,all hP bruuKht (ur tl~~• ~•ull~•~•t~~~n hrrru(. or thr .am~ has to be collectrd upon demand o an atturney, tu pay rra:onablc atturne~ 1~•r- lur mak~nK w~•h rullr~•tiun. ( ()rf~rn•d pa~ mrnt- h~rcund~•r ~hall b~ar ~nt~n•~t at th~• rat~ of ten prrcrnt per annum (rom maturitv until paid. ~ 7~hi~ n~~lr i~ v~•urcd hy a morl~~K~ uf even Jale h~r~with and ic to be constnud and en[o~ed accordinR to th~ laws o( the ~ ~tatr ~~f F~lorida; up~?n ~kfault in th~ parm~nl oi prin~ipal an~U~r interrst when due, the whole sum of principal and int~~st r.•nwininR unp+id •6•rll, at th~ option of ih~ holden. l,ecome immedial~ly due and payable. ~~.c~l~'~ `7_S~i.~~ c% 4't (~t:~\L) ~ ~ ~ ~~~.~_~-~ft~~'~'.~t<~-C~ ~ (~E::1L) Pr~p.+r~d b~ `pwler 1L' Irndn~h. .~Itorn~y~ •22•10 B~.~cayne filyd.. \1i Flaida anJ ~hall perfnrm, comply w~th and ab~de by each and every the stipulations, agreements, conditions and cove- nants of ~aid promissorp note and of this decd, then this deed and the estate thereby created shall cease and bc null and voiJ. ' I. The Mortgagor hercby co~•enants and agrees- ~ (a) To pay all and s~naular the prinapal ~nd ~ntercst and other sum. of moncy payable by vutut o! sa~d prom~ssay note and th~s ; deed, w e~~her, aomp~ly on ~he days re~vec~~~ely ihe same s~~eratly bec.~mes due_ I Ib) To perm~t, comrn~t or suf(er no raste a~d to maintsm ~he ~mprovcments at all hmes m a state of sood repa~r and cond~uoo, and to j do « perm~i to De done to ss~d prem~ses no~h~nE that ,.~11 alter or chanee the use and character of sa~d pope~ty or ~n any vray ~mpa~r or i ~reaken the secunty o( th~s mortea6e_ And ~n case of the rc(usal, ne~lect or inab~hty of the ~lortsasor to repau aed ms~nu~n s~~d proper- i tY. ~he ~Ia1~aRce may, at h~s op~~on. make such repurs w cauce the same to be made, and adrance moneys ~n that beh~t[. I E (c) To pay all and ~in6ular the uses, asses~ments, le~~es, I~ab~l~hes, and obli~at~ons ot every nature on sa~d descnbed property each i and erery rhen due anA payable acaord~n6 to lar, hefae they becort:e delinquent, and to del~ver to the Mortsa~ee on or be(ore March E IStA of eacd year ta~ rcce~pt. e~~dencmE the pa)ment ol ail la~fully ~mposed taxes (or the preced~n~ calendar ytar to mdemnJy the C Matp~ee upon h~s Jemand (or ~U taaes, a.sescmentc and char6es that msy be assessed upon ~h~s mortEa6e on tAe•~ndebtedness f cured hereby, and pa~d oy matEaRee, r~ihout re6ard to any IaW heretofore enacted a hereafter to be emeted ~mpos~n` ~ayment o: ; the ~hole or any ~art thercof upon thc ~fortRagte. (dl To pay all and s~n6ular the costc, chu6e. and espense~, mclud~n6 Iaryers' (ee; and abstract costs reasonably meurred nr pa~d at any time by ~hc ~turtga6cc becau.~ uf the (a~lure un tAc part of the !Nortga6or to perform, comply ~•~th and ab~de by eacA and tvery Me st~pul~Uons, a6reements, ce+nd~t~om and cu~enams of sa~d prcxn~ssory note and tA~s deed, ot e~tfier, and every such'payment shall bear ~ntcrest from date st the rate o( ten UlY ) oer c~ntum s+er annum. ~ (e) Il is fur~ha corena..':: aad a~retd by sa~d part~es that ~n We event oI a suit be~n~ iastituted to toreclose this mort~~je, tht Mo~t- ~~see sh~ll be ea[itkd to •pply ~t any time pend~n~ auch foreclosure suit to the court 6a~in~ jurisdiction thereof for We ~ppo~atsent ~ ot a receiver of ~Il.~nd ~ir.~ular tAc ~t~~~ed propertr, snd of all renu, iocoexs. profits, issues aad rereeues thertot, fros ~hatsoever ~ source derired: aod therenpon it is hereby ezpressly co~eaanted aad ~~reed [Aat the Caun sA~ll forthrit6 a~oint sncb receirer ~~th ~ the wual porera •nd dut~es of receivers in tike c~ses; and said appointment ~A~II be made by the court u~ aiatter of strict ritAt to ~ the AAott~a~ee, and aitAout reference to tAe ;dequacy w inadeauaey of the ralue ot t6e pcoperty herebr sortp~ed, ot to the solvency e or insolveney of the Alort~s~ora or •ny other p~r~y defeadant to such suit. The Mortpsor hereby speeit~c~llr w~aires 1he t~sAt to object ~ to the ~ppointwent of ~ receiver •s a(aeaaid ~nd herebY eapressly cansents th~t sucA •ppoinuxnt ah~ll Ee sade ~s an admitted equ~ty ~ and ~s ~ nwtter o( ~bsolute ri{ht to the I~lortq~ee and th~t ~he sase mar be done ~[Aout notice to tAe lNortq~or. ~ (t) If foreclosure proceedin{s should be instituted a~~inst the propertr covered by ~h~s oortpse upon any other lien a cl~im rhaher •Ile~ed to be super~ot or junior so the lien of this mort~~~e, the ?lort~a{ee ouY ~t A~s optioa imenedi~lely upon mstitut~an ot such su~t ~ or dwins tAe pendency thereof decl~re this mart~~~e a?d tht indebtedn~ss •ec~red hereby due •nd p~yable lathrith and msy ~t its : option procted to fo~eclou tAis mort~~sa .r,~ " ~i +su ; Th~t tAe Mort~asor ~rill keep sll re~l and person~t property no~ or hereatter encumbe~ed by t6e t~en ot this a~ort~~~e ~nsured ~s mar ~ be required froe tide to time by the Mort{~~ee ~sainst loss by fire, ~inds~«m aad other Aasuds. c~swlties and contin~eecies tor such ~ s per~ods and tor not less ~A~n such ~awun~s as m~y be requ~red br the Mortp~ee and to pay prosptly ~Aen due ~II prem~ums for such 5 insurance. The amounta of iaaurance requ~red br tbe Mort~a~ee sAall be the aueuum ~mounts fot rh~ch sa~d insurance ahall be ~rdien ~ _ and it sh~ll be u~cusbeat upon tAe 41ort~ata to oa~ntain such ~dditioeul insur~nce •s is~y be necessary to aeet ae~d canply tullr ~itA i ~11 co-insunece requireeents contained in said policies to the end that the said l/a~~~~a u not ~ co-insuror tAereunder.lnsurance ~ shall be rntten Ay ~ co~p~er a cospaaie~ ~~oved or des~~nated by tAe Mortia~ee and sll policies ~nd reae~~ls thereof shall be beld ~*t' ~ br tbe ~fortp~et. All de4iled desi~aations by tbe Mort~~~w rhieh ~re sccepted br tAe Mortsa~ee ~ad tll yree~ents betreen Mortaa~a ~ ~nd Mort~yet rt1~Un~ to iniur~nce, no~ eaistin~ or here~fcer m~de. "sh~ll be in ~rritins and sA~ll be ~ part ot this ~ort~a~e s~reewent ~ as tullr as tAou~h set (ath verb~tus herein ~nd ihall ~orern both partie~ hereto and tAeir sYCCessors ~nd ~ssi~ns. No lien upoe any ot - •~id polities of insurance or upm aay refuad or retum premiws ~hich s~r be p~r~ble on the e~acell~tioe a ur~in~tioe thereof, shsll ~ ~ be ~iven to aher tAsn the Matp~ee, eaeept br proper endorsement •f(iaed to such policy. ~nd ~pproved by Mat{~~tt. EacA policy of ts inaur~nce sh~ll have •ffiaed thereto ~ St~adud He.? Yak Mlortia~ee Cl~use ~r~tAout Coatnbut~m, a~akini all loss a losses under such re policr p~r~ble to the Mortp~ee u its imerest n~r ~ppeu. (n tAe erent ~ay suu or suaa of monty becowe p~yable thetcunder the ~brt- ~ ~a~ee shall hare tbe option to receive snd ~pply the s~se on account of tde ~adebtedness beaby sec~ued, a ~o permit ~he ~lnrtpRor 5 to recei~e and we it, a•ny p~rt thcreot, without thereDy .~irin~ w imya~nn~ any eQuity, I~en, ~x n~At undcr and by r~rtuc o( thi. ~ enort~~~t. In erent of loss w pArs~c~l dama~e 1o the mort~a~ed popcrty the Mort~~tor sh~11 ~~rt ~mmedult noltct thtrco( by m~il t~~ t the Matp~ee ~nd ihe M~x~~a~ee msy mskc proof of loss ~t ihe same i• not madt prumptlY sy tAe Nort~s{or. (n event ~d (ure~lnwre of ~ ~ 2 . x : ~ _ : - . _ . ~ , , - _ „ _ . . S^.