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Home My WebLink About0979 PROYIUE:n, ALN'AYS. ~ha~ if the \lortgegor shail pay unto the 4brtgagee the indebtedness ev~denced by a r re~tain ptom~~aory note ~~f which the followins ~o vrords and fi`ures ~s a trua copy to-Nit~ I ~ ~ !'~oatga ~c c ~ _ 1 ~37$~ 00 - - Fort PieCce, h'1„r~~f~ ____May _1.5,__..__ 19.76 _ .t <<._ ~~~~~C~~~iNA~~C~.i~F.~OSTER;' M.~: j~.A.l~~~l~__~._VS~-~1t1[~'T protui•r tu pa~~ ~r cuevn~v~- " a ii~ ..}K ~y_ iZ v~ atil\1i~17 ~~~f~P F~~~~„~~E,~~ ~~r~~_~USA~D._~N~~iUI~1DR~D~Y~NTY-.FIVE-- and ~~,~rtt~~•~ wllll IIH~•fr.~ 1~1YfPUp ~[UIII I~d~P 8~ (~IM fa~1' U~ ~/'ll ~M~l'POL }~t`~ aqOl11I1 111111I ill2(U[!I~'. !x)III i)~!pl7Fl3) 8liU tfl~Y(C~( `H'H~~ FI$y'.i~1~C {ti IJN ~UI IIIUII~'~ Uf thr l nilyd ~1atr. al '..''.',•1•l lii•~•a~ n~ iihJ.. \liami. E~lo~ida, ur at such otl~e~ place as Uie holden he~eof may de.ignair in Nriting. ' I'rincipal and intrre~t payable in in.tallmen4+ a.c [ulluws: SIXTY ($60.00) DOLLARS per month beginning on the 15th day of July, 1976, and continuing on the lSth day of each and every month there- after until paid .in full. ~ Th~s,nate ma~~ be prepaid ~n whole or in part after one year from the date hereof upon payment of a penalty eyuivale~t t~~ ri~bl p~•n•~•nt ~~f Ih~• ~~rin~•y~al •~~m pr~•Pai~l. 1 F.a~•I~ imtallmwit paymrnt ~hall br ~•mditrd fint un tlsr interest doc, and thr remaindrr un principal; and inler~~t ~hal) lh~•rr, u~~un ~•ra.r oF?un lhr ~rrin~•ipal ~•r~•dil~d. . "Thr mak~n anJ ~•ndur•~•r~ ~~f this nu!. furlhrr:~Krrr. lo waive drtnand, nutic~ of nou-~~aytnrnl and protr.l, and in th~• cvrnt ~uit ~h.,U br brouKht (ur thr i•ullretiun hcrPUf. or the ~ame has to be collected upon demand o an attorney, to pay rea.~rnabl~ attorney~~ 1~•~•. fur rnakin~ •u~h ~~ullr~tiun. I)rf~rred pa}~mrnt~ h~•mond~r >hal) b~ar intrr~•t at the rate of ten percrnt prr annum from maturit~• until paid. 7 hi~ notr i~ sr~~ur~d by a mortRaK~ ~if rv~n Jatr h~r~with anJ is to he ~onstrued and enfurced a~cordin~ to the laws of th~ `t:+tr nf Florida; up~~n d~fault in th~ pa}•m~nt ~~f principa) and/or inte~est when due, the whole sum ~ prin~•i 1 and int~re~t i r•~ma~ninR unFaid ~hatl. al th~ optiun th~ hold~n, Lecome immediattl~• d~- d payal 1 ~ ~ l~l ' ~ , ,J~ EAL) ~ - `~!'L- (~E:il.) ~ F'rryar~d b} ~pxl~r S Irndnrh. ltlorn~y~ 2~311 Hivayne filyd.. !~1ia ~ larida ~ and shall perform.- comply v?~th and abide by each and every the st~pulat~ons, agreements, conditions and cove- ~ nants of said promissory nate and of this deed, ~hen th~s deed and the estate thereby created shall cease and be i oull and vo~J. 1_ The Mottgagor hereby covenants and agrees: (a) To pay all and s~n~ular the prinupal and mteres~ and other suma of money payable by v~rwe ot sa~d prom~ssory note and th~s deed, or euAer, promptly on the days rcspec~~vely the same sevenlty becomes due. (b) To perm~t, canmu ~x suHer no Waste a~d to ma~ma~n ~he improvements at a{1 t~mes m a state of 6ood repair and condiUOn, and to do w perm~t to be done lo said ptem~ses noth~n~ that r~ll alter or chan~e the use and ch~ractcr of sa~d property or m any wy ~mpa~r or ~ reaktn the secui~ty o( th~s mwt~aet. And ~n case of the rcfusal, ne~lect or mab~l~ty of the Mort~a6or to tepau ar.d mainta~n s~~d proper- ~ ty, Me [?ta~pEee may, at h~s opuon, make such rep~us or cause the same to be made, and sdvaoce moneys m that behalt. 7~ j (e) To psy al! and s~n6ulu the uxes, assessments, le~~es, I~ab~l~ues, and oblisat~ons of every nature oa ss~d descnbed property qch ~ and every ~rhen due and payable accord~nd to lar, be(ae they become def~nquent, and to del~ver to the Mort~aaee on or be(ore MarcA ' ISth of ueh year taa rece~pts e~idencm6 the payment of a11 Iaw(ully ~mposed taxes for the prcced~na calendar year to mdemn~(y the ~ Mat~asee upon h~s Jcmand ta •il uics, a.~cscments and cha~6es that may be assesscd upon ~A~s mo:tea`e o~ tht•~ndcbtedness ~ cured hereb and • y, psid by the mortEaRee, xithou~ rc~ard to any Isr heretofore enacted or hereafter w be enacted impos~nt payment o. the r•hole or any ~ut thrreof upoo the Alort~a6ee. ~ (dl To pay all and s~naular the costs, charses and expencec, ~ncludina lawyers' fet~ and abstract costs reasonably ~ncurred or pa~d a~ { any ~~m~ Ay the ~lortgaRee bec~u.c ut the tailure on ~he part o( the !Nortgagor to perfwm, comply r•ith and ab~de by each and every ~ht suput~~~ons, a6reements, condu~ons and cotenants o( said prum~ssory~ note and th~s deed, w e~tl~er, and ev~ry such~payment shall bea! ~ ~ imerest (rom date at the rste ot eeo 110°~) pcr centum per annum. E (e) It ii (ur~hu corenanled and a~reed by s~id part~es t6at in tAe event of a suit bein~ institutcd to toreclose this mort~a~e. the Mort- : ~ {a~ee ah~ll be eatitled to apply ~t any time peedins such forecloaure suit to tbe court luritu jmisdictim thereo( fot t6e ~ppoinewent s of ~ receiver of ~11 ~nd sio~ular the mwt~a~ed propertr, and of all renu. iocaees. profita. issuea and rereaues thereof, fros vhatsoe~er ~ source dcnved; aed thereupon ~t is herepy eipreaslr corea~nted sad a{reed tl~~t We Conrt i6~11 forth~ith appoiet sucs receiver rrith ~ the WWI pOrtt~ and dut~es o! ~eceiven in like cuer, ~nd said •Ppointment shall be sade by We court u~ m~tter of strict riiht to € the Mort~a~ce, and ~r~thout referenee to the adeau~cy a insdeau~cy of the v~lue ot t6e property Aerebr sottp~td. or to tAe solrencr ' ; or iruolvencr of ehc lrlort~a~ors or ~ny o~her yarty defend~nt to iuch sui~. 'IUe Matp~or hereby ipecific~lly w~ives We ri~ht to object '`'s to t6e •ppoiatment ot ~ receiver •s aforcaaid •nd hereby eapressly conunts tbat •uch •ppointmem sh~ll be sade u~n sdmitted eQuity ~nd a~ a satter of ~bsolute ri~At to the Mortp~ee and th~t the saoe mar be done ~ri[Aout notice to the Mort~asor. ~ (f) If faeclosure poceedinp should be instituted ~{~inst tl~e propertr covered br tAis ewrtN~e upon any otAer lien or ctaim rhether _ slle~ed to be superior or junior to the licn of this mort~~se, the Morts~jee msY •t bis optioe immedi~tely upon insti~utian o( such sui~ ar durins ~he pendency thereof declue th~• iwrt~a~e •nd ~Ae indebtedness secureA herebr due ~nd p~y~ble (athrith and euy at ~ts . op~ion proceed to facclose thi~ morts~~e. Th~t the Mort~a~or ~ill keep ~II real ~nd pcrson~l property no~r or hercatter eacue~bered by tbe lien o( this mo~t~s~e ~asured ~s rs~r bt reQuired froa tirae to time Ay the Mott~sSee ~Ninst loss by tire, windstorm ~nd other hsz~rds, caswlties ~nd caotin~encies [or such - per~ods and tor not less th~a ~uch aeaunts •s wr pe requ~red Sy the Mort~~te ~nd to pay prooptly ~rben due sll pem~wns fa tuch ; ~nsur~nce. The usounta of iwYr~oce rtquired by tAe Mort~~see a6a11 be the a~ioimum amoums for rAicA s~id insur~nce ah~ll ee ~nuen ~ s and it sh~ll be iicusbeot upoa tbe 1loris~~o? to w~in~~+~ ,neA tdditiont! iasuzuct as sas~ ~St Ac~tataty iv aett ~nd caepi~ foliy ~~th Z •II co-insw~nee reQuiraeents conuined in s~id policies to U~e ead that the s~id Mats~~or is not ~ co-in~uror thereunder.lnsurance ~ : ah~ll be ~Nttea by ~ caepany or comp~n~ea ~pprored or des~an~ted by ~he Mort~a~ee and ~11 polieies ~nd reneo~ls tAereof sh~ll be Aeld ~ - by the Matp~ee. All detailed desi~nations br tAe Morta~~or rhich are accepted br tAe Mort~~~ee ~nd ~II yreasents bet~een Mort~~~a ~ " and Mort~a~et rel~t~ns to inam~nce, nmr e:istin~ ar Aeruhcr m~de, a6~11 be in ntitins ~nd aA~l) be • p~tt of tAis matp~t ~~reemeat ` ~ ~s (ully •s thou~h set fwth rerbsuis herein ~nd s6~11 ~overn botA ~ . patties bereto ~nd ~heir s~ceessots ~nd ~ssi~ns. No lien upon ~nr of ~ a s~id policits of insurance ot ~pan ~ny re(unA or return p~eaiiYm ~hich ~..r e~ pay~blt on the caaeell~tioo a tetuinat~oe tAereof, sh~11 y bt {iren to aAer tAan tAt 1lottp{te. e:cept by proper endwsement •(fiied 1o sucb policy ~M ~Pprored br INort~a~ee. E~ch Policy o( iniw~nce ~h~ll h~vc •fGxed thereto s St~ndud Ne~ Yak Mwt~~~ee Ct~we v~tAoYt Conuibut~on, makins ~II loss or losses under such oolicy p~y~sle to the Mort~a~te •s ~ts ~n~crest mar ~ppe~r. In tse erent aar sum o~ suss o( nwaer becane wy~ble ~hereunder tAe !?lort- ~ p~ee sh~ll Awe the option to rece~re and ~ppty the s~se oe ~ecount of tAe iadebtedness Aereby secwed, or ~o perm~t the ~kxt~aeor € to recei~t ~nd we it. or anr Oart therco(, ~itAout IAerebr w~iv~na or ~mp~~nn~ any equily, lien, or n~ht undet and by vutuc ot th~s aiort~ase. (n event of loss w phrs~cal d~ms~e to tAe a~ort~s~ed property the Mon~a~or sA~ll ~i~e ~mmed~~te no~~ce thereof by mail ~o the Mwt~~~ee rrw! ~he I~~Ea~ee may m~Yc praof of toss ~f ~he ~~me ~s not m~dt promptly by the ~lat~~~a. In erem ot foreclosure ot ~ - - F-:~ 25~ r~~;F ~78 : - ~ ~ ~ _ ~ ~ ~ ~ _ ~ . ~ _ _ _ ~ w _ .