The URL can be used to link to this page

Home My WebLink About0537 ~ ~ NRl)\Il)1=1? ~I N,~1~ th.~~ il thr \turt~.~g~~r .hol1 ~a~ unt~~ thr ~lurtgagrr thr inJrhlednr~~ r~i.lrn.~d h~ _ .~<<I~~n pti~ul~~~~~~~ m~t~__~~1 Kh~~h lh~ I~~Ilu~ing ~n ~~~,ri1. :~nd (~gutC~ a lrur ~np~_ l~~-w~l - ~ ~~fi~_7__~ : s -9_,.2Q4~9~-- Fort Pierce. F'lu~ida MaY-.-~4 ~ I~1.Z~? ~ tl?R~'~\Ll'h:KF:Cl~:1~'F.I)_____WEi__ Olittl • and severally~__^__T__ _pron~i•rtupa~ _ j------ -S I i.. 4h~ u?~Irr u( _ _.T~AN CsRQO~ - - - - _ _ - - - ~I~~• pnncipal •~~~n ~,f _ NINE _THOUSANI~ NINE HUNDRED and nof I00 1~~?1.I,A1~.~, to~rthFr with inlrrr.t th~•rcun (~u~n dat~ al thr rat~• uf trn ~n•rnt. per aonun~ until maWrity. bulh princip:tl anJ inlrre.l lu•iug pa~•ablr in law~ul munr~ uf ~h~~ l~nitrd ~talr, at '~'_-1~~ liiu-a}n~~ fi1vJ., \liami. Florida. u~ at auch uther place ac the hulden hereo( may de~ignalr in writinK. {'nncipal and int~re~t payable in imtallment~• a.c (ullow.: TWO HUNDRED TWENTY-FIVE ($225.00) DOLLARS per month beginning on the 15th day of July, 1976, and continuing on the lSth day of each and ~ every month thereafter until paid in full. • t 1 Th~s nute ma~• be prepaid ~a whole ar in part after one year ftom the date hereof upon payment of a penalry equivalenG~ tu ~•~kht ~~~•rr~•nt ~~f th~• prin~•ipal ~um ~~rrPaiJ_ ' F:a~•h imtalln~rn! paymrnt ~h~ll t?r ~•rPdit~d fir•t on the intere~t due, and th~ ~emainde~ un pnncipal; anJ inlere~t ~hall lhrr~•- upun r~•a~+• upuA th~• princip~l r~e•dit~•d. Tl~r maken and rndur~•n•?f ll~i, nut~ ~urlhrr aKn•~• lo waivr drnund, nulice uf nun• ?a~~m~nt and prot~•.t, and in th~• ~vrnl ~uit ~I~all IK brouKht tor thr ~•ullrcliun herrof. or th~ same has 1o be collected upon demand o~ an attornPy, tu pay ~ea.wnabl~ allome} I~•.•• fur makinK ~u~•h ~•ullr~•liut?. I)~f~rrrd pa~ mrnt~ hrmund~~ ~hall bcar intrr~-l al th~ ratr of ten prr~rnt p~r annum (rum maturity antil }~aid. ' 'fhi> n~~tr i~ v~•urt~d hv a mort~aK~ u( ev~n date h~~rwilh and is to t~e constru~d and enforced acco~din~ to the law~ o[ th~ - ~tatr of Fl~xida; op~~n drfault in th~ pa~•ment o! principal and(or interest when due, the whole sum o( principal and int~n~t n•nwininR unpaid ~hall, at Ihr option uf th~ holde~, become immediately due and payaWe. - ~ i _ ~t~•-+~ ~f (`~~~L) , - ` _ (~EA1.) . t Pr~p,?rd b~ ~pKter 1'L Tendn~h. .~Itorn~y~ '3230 R1~'ayne W~d.. ~tiam~, ida . i ~ ar~J ~hall perf~xm, almply N~th anJ abide b~• each and e~•en the supulat~ons, agreements, condiUons and cove- ; nants of said ptomissory nutr and ~•f th~s detd, then this dccd and the estate thereby created shall cease and be i null and vo~J. . ~ 1. The Mortgagor hereby co~'enants and agrees: - (a) To paY all and s~n~utar the ~r~ni~p~l and m~r.e~~ and o~Aer sum~ c~f money payablc hp v~~we of sa~Q prom~sswy note and th~s f deed, or uther, prumptly un ~he Jays recpecu~elp ~hc +ame ~r.craify beromes due. i _ ~01 7o permit, cummit or suffer n~ ~este aad !n ma~n~a~n fAr ~mpn»rmtni~ a~ all t~mrs m a sta~e of good repa~r and cond~uon, and to ~ ' do or perm~t to be done to ca~d ;+rcmu~s nothtng iAat r:ll alter or chanse the vsc and character o( said propert~ or ~n any Way ~mpa~r w ~ ~~eaken th{~ secunty o( th~s mort6age. \nd ~o ca~e rt the ~etusal, ne6tecl or ~nah~luy o( Ne ~lortaagor to repau aed ma~nta~n s~~d proper. ~ ' ~y, ~he Mat`aRce may, a~ hic opuon, make .uch repaus or c~cs~ the samc to Ae made, and advaece moneys m that behalL ~ i (c) To pay ati and ~~naular the laxes. a~~ts~men:s. Ir~~e~, I~~b~Lt~e+, and oAt~gat~ons uf every nature on sa~d desenbed property each ' and every rhen duc ana paya~lc ac.nr~7~nR tn la~+, be~~xe ihey becort:c dchnquent, and ~o deliver to the Mortga6ee on or be(ore March ISth of eaeh year tax reccip~. ee~den:~ng ihe pa>ment nt al! !a+lulty ~mpo«d taaes fur the precedmE calendar year, to mdemndy tAe 4 k ~*~t~6« upon h~s demand t.x a:! .a~e+, a..e«TCn<< and .harRe. that may be asscsaed upnn ~his mortEase on the ~ndebtedness € cured hercDy, ~nd paid ny m~xtFagee, w~th„w ~eg3rd to any !~u herc~ofore enacted ~x hereafter.w be enacted ~mposin6 ~ayment o: f the ~holt or any ~art thcreo( upcm thc ~l.•<<Ragcc. { , k (dl To pay all 3r.d s~ngular th~ cost~. .hargc. and crprn~c~, includmE i~wytrs' (er. and absttact costs teasonably mturred ~t paid at _ i any umr hy the ~lurtgage~ be.awr ,~t the fa~lure ~m ~hr part o( thr \lortgagor to perform, comply v.3th and ab~de by each and tvery the st~pu{~t~ons, agrcementa, cond~non~ and co~cnants o( ~atd prom~ss~~ry notc and thic decd, ot t~th~r, and tvety such~payment sAall btar i ~ntcrest ttum da~e the rate of trn 1)0,1 prr ~cntum pcr annum. ! ~ (el It ia lurther corena. ~nd a~reed by sa~d partus ih~t m the event of a su~t be~n~ mat~tuted ~o foreclose tli~s mart~a~e, Ne Alort- ! ~~~ee sh~ll be entitled to apply at any t~me pend~n~ such foreclosure suit [o the court 6a~in~ junsdiction ~hereo( fa ~he appo~ntment ~ o( ~ teceivet ot ~11 and .in~ular tAe mor~~a~ed property, and o[ all renta, iocomes. profits, iaiues and revenues thereot, ftao wh~tsoever source denved; and U~ereupon ~t ~s Aereby e~pressly covenanted aad ~{reed tA~t the Cwrt sh~ll (ortA~ith ~Ppoint saeA receiver ~r~th tAe YSY~I pO~llfe ~nd dut~es of receivers in lite c~sea: and s~id appointmeot shall be sude by the court ~s ~ mattet ot strict ri{ht to the Mor~~atee. and ~~thout refertnce to the aEequacy or ~n~deQuacy o( the v~lue o( tAe proper~y herebr mori~a~ed. or to Ihe solveecy ~ or inaolrency of ihe Mortj~jors or •ny other par~y de(endant [o sucA suit. TTie Mort~~~a Ae~eby ~peci(ie~lly r~ives the t~~ht to object ~ to the •ppointment of • rece~ver aa ataes~id •nd Aereby eapresaly cansents that such •ppo~ntmsnt sh~ll Ae made as an adaiitted eQu~ty G and ~s a autter ot ~bsolute ritht to the Mortp~ee snd thst Ihc aame may be done w~thout notice to the ~tort{asor. ~ (f) If foteclosure oceedm should be matiwted • ainst the o rt cortred b th~s nort ~ pr p ~ pr pe y y ~a~e upon ~nr otAer lien w claim rAetAer ~ slle~ed to be super~a or ~unior to tAe I~en o! th~s mort~~~e, thc Nwtj~~ee may at Ais optioe~ iarned~~tely upon mstitution ot such suit ~ j ot dunn~ the pendency tAercof decl~re tA~s mart~aje •nd ~he indeptednros secured hereby due ~nd p~yable (ath~~th and may ~t its ° ~ optioe proceed to toreclose th~s morts~~e. ~`,~r . ~ ~ That tbe I~/at~a~or ~ill keep all real •nd personal poperty nor a herea(ter eecumbered by the I~en ot this mort~s=e ~nsured as may bt reQuired from time to time by the Mort~~~ee ~~ainst loss by f~re, winds~orm •ad other haz~rds, c~swlues and contin~encies (or sucF. ~ r i ~ per~oda and ia not less than such amoun~a ss may be requ~red by ~he Mort~a~ee and to p~y promptly wAen due •II prem~ums fa such ~ ~naurance. The amounts of insur~nce reqwred by tAe MortL~~ee sh~ll be the min~mum •mo~+nts (or MA~ch s~id ~nsur~nce ahs11 be rntten E and it shall be ~ncumbent upon the Mort~i~or to ea~~ntain such ~dd~t~onal iesuranet as may be necess~ry to mtet and comply lully ~rith ~ 3 •11 co-~nsutance tequiteanents contained in s~~d policies to the end thst tAe said Mort~~~or ~s not t cw~nsutor thetew~der.lnsut~nce c-~ ' ; shaf) be wntttn by ~ tompaay o~ compan~es approved or desi~nated by thc Mat~a~ee and ~11 pol~cies and tene~~ls thereof sAall Ae Ael~ rn by the Mortp~ee. All de4iled desi~nat~ons by the Mat~asor ~rh~ch are accep~ed by ~he Mort~a~ee and all s~teensents bet~ten 61ott~~~or •nd Mort{a{ee rtl~tin~ to msur~nce, norr ea~stin~ or here~ftcr made, sh~ll be i~ ~r~tin~ and sh~ll be a part of this mortNSe iireement ~ u fully as thou~h set forth verb~um here~n ~nd_ sh~ll sorern both p~rties hereto and their srtcessas ~od assi~ns. No lien upon any of ~ ~aid polieies of insursnce a upoa sny re(und or return premium +rhieh auy be p~y~ble on the c~ncell~tion or tuiein~uon theteof, sA~ll ~ be ~~~en lo othec tAan the Morts~ste, eacept by proper tndorsement ~f(iaed to sucA pol~cy ~nd ~pprored by Mor1~~~ee. Each policy ~f = in~ursnte sh~ll hare •t(iaed therc~o • St~ndard Nea Ywk Mort~a~te Cl~use vr~thout Contnbuuon, mak~n~ ~II loss or lossea under +uch g I~cy p~ysble to the M.xt ee ss ~[s ~n~ereat ms ~ ~ po p~ Y VO~~r. In the event ~ny sum a aums o( moner becane P~Y~ble ~hereunder tAe ~br~- ~a~ee sAall Aave tht ophon [o rece~re and apply tt~e s~me on •ccount of tbe ~ndebtedne~s ~ereby secured, or to penmt the ~1nrt~sRnr ~ ~o rece~~e snd use ~t, or •ny psrt thcreo(, without thereby vuvma or ~mpa~nns any equiry, lun, or n~At under snd by r~rluc of th~. 3 nartp~e. In event ot lo» a phys~cal dama~e to the inort~a~ed property the Mort~a~or sh~ll ~ire ~mmedute nohce ~bercuf by ma~l ~ tht Mwts~{ee ~Mf tht Mor~Ra~ee maY make Mouf o( los~ ~f th~ camc ic not arade ptump~ly by thc ~ta~~a~a. In event nf I~ee~ln.ure of ~ ~ ~ , - a ~ ~ . . . . . . '~J.