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HomeMy WebLinkAbout0125 ~ PROVIOF.n. At_MAYS. ~ha~ if the \1or~~a`or shall pay unto the 1~1o~t~s~ee the indebtsdness ev~denced by a cerla~n prom~~aory note wh~ch the follov?int ~e wards snd fi~ures ~s a ttue copy ta-wi~ ~ ~ - - - - - - - ~e e ber 17 , 76 : 2,175.00 Fort 1'ierce,_ f:i„~„~,, Sept m , ~ ; I . _ _ - _ - - ~ F~ ~It t 11 1 I I{1~:1~1 1\ i l~ _ _ 1 p~uiniv 1~~ - _ - ~ ~s~rt~~:R ACKt:~isr~r~ / ~ ~ ' ~i~~• >~~~„_~i,.~i.~,~~~,.iTWO '1HUUSANU UNL: {lUNUKI.U SEVENTY-FTVC and n~(~~}QQIC~.~~~;:~•~6,•~w~~t~~~~~•~,•~~ { tli~•ny~n Inun J.~lr ~l Ih~• ral~• ~~1 trn ~~~•r~~•nl. pr~ .~uunui unld iu.~luntt. L~~t6 ~~~~n~~~~~~1 :mJ n~t~~n••t b~•~n~'~J~dLI~• in IawG~l iuair~ ~~S ~ ; thr wt~•d `I.~Ir~ rl 11 i~i~~ .i~ nr lil~~l.. ~I~anu. Fi~~nda. ur al ~u~ h ~~tln•r ~~I.~~ r.~- th~• huldr~. hrn•uf tna~~ d~•~i;:~wtr ~n N~~tu~~. {'rin: 1~~dI d11~I intrrr,t ~~:~~a1~1~• iu ~n~taliiu~•nt~ a~ fulluw.: FIF'TY-FIVE ($SS.00) DOLLARS per month be~inning on the lSth day of 1 November, 1976, and continuing'on the lSth day of each and every month ( ? thereafter until paid in Full. _ ~ ~ . ~ 1'h„ n.~te ma~ h~ ~«~~~~i ?n .+h~~lr ~~r ~n part after un~ ~rar frAm ih~ date here~,l up~~n pa~m~nt uf a penalt~• eyui~•.~Irnt : Iu r~~l~l'~rr~~rnt (h~•'~nn~•~~~.~I -~~~n ~~rr'~.uil. ~ ~ ~ I~.~~ h iu~t~llin~•nt pa~mrnt ~hall I~~• ~ rrdit~•d Gr~t ~~n Ihr int~•rr~t Jur, and lh~~ n•m~i~idrr un ~~rinripal: and ~nl~•r~•~t >haU th~.~,. ' u~~un ~~ra~r upun Ihr ~~r~n~ ~pa) ~~r~•d~t~•~L ~ ` ~1 h~• makrr~ an~l .•nd~~r~~~r- ul Ilu~ m~l~• furlh~•r a~n•~• t~~ Nai„• ~I~•mand. m~ti~•~• ~~1 m~n n~~•nt :~n~i prut~•,t. anJ in th~• ~•~rn1 -u~1 : -~iail h.• l~~uu~ht lur Ih~• ~ uil~•~•U~~n h~•n•~~f. ur th~• •a?nr ha~ tu L~• cullr~•t~•d u~~un drmand ~f an atturni•y. lu ~~a~ r~•a~unlLl~• aUurnr~ ~ Irr- (~K I~IJ{~II~R -U~ II ~~ull~•~ liun , i I ~rirrr~•~I pr~ ~u.•n~- In•r~•und~•r ~hall h~•ar ~ni~•r~•,1 al lIu• tdt~• lrn F~rf~'rpl (1rr aniuuii frum ~natunt} nntil ~~aid. y ftu~ u~~tr .r~ urr~) by a m~~rlRa~~• ~~f ~~~•n datr h~•rrN~ih and tu i~c r~~n.lrn~d and ~nfun•ed a~•~•urdink t~~ ti law- ~.f thr ( ~tal~• ~~f Fl~~riJa. up~~n drf~ul! ~n It~r Frac~nrnl uf prin~ipal and~~?r interr:l ~+h~•n du~. lh~• wl~ole ~utn F~rin~•i}~a~nd intrtr~l j r.•~n.unu~R unpa~d ~IIdII. JI IIIY uptiun ~~f lh~• huldrr. I~r~•nme ~mm~diatrh due and pay'ablr. ~ i , - - (`1•. \1.1 ~ i i ' • - - - - _ 1 `1:11.1 ~ F'rr~.arr~l h~ ~p~lrr ~1 I~ndn~h. ltlurnr~. '.'.'tll It~.~~~n~ til~d. ~fium, Fl~r~da - ~ ~nd shall perform. a?mply with and abide by tach and every the st~putations, agreements, conditions and cove- nants of said ptomissory note and of th~s deed, then this deed and the estate thereby created shall cease and be ' ~ ~ull and vo~d. , i ~ 1. The Mortsa`or heteby covenants and agrees: I ~af To psy all and s~n~ular tAe p~~c~D+~ ~~d ~n~eres~ +nd otAer sum~ ot money payable by v~rtue of sa~d promusay nou and eMs dced. w e~ther. promptly on ~Ae daYs rospec~~.elr tAe >ame s~~rrally becomes due. I (D) To perm~~, caetinu or su((er no ~sste a~d eo ma~ntam ~Ae ~mpro~ements at all ~~mes en a s~ate ot ~ood tepsu and eondu~on. snd to ~ do w perm~~ to bt dorts to sud p~em~ses no~h~n~ tAst +~II aHer or chan~e the use and ch~~~cter o( sa~d proper~Y a~~ ~~Y +'~Y ~mpa~r a ~ .eaten the secuntY of ~h~s ma<<a~e. +?nd m cue of tAe re(ussl, ne~Iect or ~nab~luy of the Mortja{or to rtpa~r aed eaa~nuin snd proper- e ~y, ~he Mor~~aRee may, a1 h~s op~~on, mstt such repa~rs w cause ~he s~me to ~e made, and advance moneys ~n thal beh~ll. ' { ~ (cl To pay all and ~~n~ular tAe ~sats, assessmen~s, le~~es. I~ab~l~ues, and obl~~~t~ons of t~err nature on aa~d descnDCd property cach ~ ~ anG e•ery ~.Ren due snd paY~ble accwd~n~ [o Isr, betae tAey btcoene del~nQuent, and to det~ver to the Mwt~s~ee on or betote AisrcA ~ IS~h o! e~ch yex ua rece~p~s evidenc~n~ the paymeet ol ali la.(ully ~mposed ts:es (w ~he preced~n~ ealendar yur, to mdemmfy tAe ~ Mort~a~ee upon A~s Jcm~nd (or all ~axes, a.sesaments and cl+ar~es tha~ may be asscssed upw~ ~h~s n~ott~a~e on the ~ndebtedneas .r- r i cured hereby, and pa~A Ey tAc m«t~aEec, .~thou~ ~c~ard to any Is~ Aeretotore en~cteA a Aercatterio pe ea~cted ~mpos~n~ ~aymcnt of } s. ~ ~Ae .hole w anr ~srt ~hetcof upon the ?1cxt~a~ee. _ ; ~ (dl To paY alI and yn~ular the costs. charses and e~pencec, ~nclud~n~ Is~ryers' (ees and sbstrstt c'asts tesso~ably IACYftld M p~~d a~ ~ ~ sny nmr by ~Ac llat~aEee Accau~e ot tAc fs~lure on ~he psr~ of ~he Mort~a{or ~o per(orm, canply rr~th and a~~de Ay ucA ~nd every Me ~ sopuls~~nna, a{recmcn~c, cond~~~ons and co•cnants o( ~a~d p~amssory rtote snd th~s dced, a euAer, •nd e~ery such~paymen~ shsll bear ~ m~c~es~ t~wn dale a~ the rs~e o( ten I IO~s) per cemum per annum. i (e) It f~r~her eoren~eted •nd •~eed br s~~d puue• tAat ~n tAe event o( •/YIl btllls 111a11IYltA [O IOft~IOlt U11f 1110f1~~~C. ~Ae Mor~- ! ~~~ee sA~ll be eat?tkd to ~polr ~t anr tiiae peeAin~ iucA faeclosrre snit to thc court M~i~~ jarisd~choe U~ereot fa ~he ao0o~msem ~ o( ~ rece~vet d~11 ~nd sin~ulu u~ .«~~.~~a ~ooe.ir. o/ ~11 ren~s. incoa~cs. ~ofita. iu~u ~ed ~c~enues tAereof. fro~ .A~uoe•er swrcc de~ired. ~nd tAereuyon ~t ~s hereby ezpre~rlr coren~nted snd ~irsed ts~t U~e CaY~t ~b~ll torth~ith ~~oint ~rcA rece~~er .~~A ' y tAt us~al po+er~ and dutu• of rece~rer• in lite c~aei: ~nd s~id ~panusent sh~ll be aWde er 1At corrt ~s ~ autter ot strict n{Nt to : ~ ~hc Ma~~~~ee. snd .~~AoW uference to tAe ~de~acY a~n~depu~er or a~ •~I~e o( the Oropeny Atrcbr sortp~ed. or to ~hc sol•ency 4 or insol~sney of tAe Mor~~~{as w•ny otAu p~r~y detend~m io sYCA suit. T1~e Mat~qa Aeresr apscif~e~lly ~~rves U?e r~~h~ to ob~ect ~ ~ ~o tAe ~~o~ntsien~ of ~ rece~rer •s •faesud •nd kerebr eapres~lY canunts th~t socA •po~nt~eet sh~ll Ae ~ade ~n ~dm~ued eau~~y ? ~nd ~i ~ Mtur ot ~bsolute ri~ht to tl~e Mor~~~~ec ~nd that tAe ~~me ~ar be done .~~Aout notict to the Mwy~~or. - (fl If foreclo~ure procse4inp sAouW Ee ~nshiuted •~~inst the pooerir eovered sr ~u ~tp~s ~pon •nr otimer i~en a cium .i+c~hcr ~ s •lle~ed to be s~peria or jrnior to the liep of tAu ewrt~~~e, the Mort~~~ee nuy ~t h~s oPt~on ~wa~ed~~tely upon ~nst~tutiM ef sucA fu~l ~ = a d~r~n~ the pendcncr thereof dccl~re tA~s isorti~{e ~nd the ~ndebtedn~is ~ecved Asrebr due ~nd O~y~Ale ta~hr~~h ~nd ~nar ~r r~a j ~ eO1~on poceed to faeclo~e thu ewrtp~a i : ~a~a ~ill tcco all re~l ~nd person~l pooerty no~ a bere~t~er tacwbcred sy tAe lisn of tAis sory~~e ~nsured ~s n~~y S (V 7'A~t chc Mort i ti ee ~e~ired Irow Ii~e to ti~t by U~t Mat~~Lee ~~~~nst loss br fire. ~indsloru~ ~nd otAer h~i~rdi. cuwlt~es ~nd comie~enc~es for sucA ~ oer~ads aad (a not (es~ tA~~ ~uch •~nu ~i sar be reau~rcd Sr tAe Mort~a~ec •nd to P~Y V?asV~ly +hen d~e all prem~uw~s fer such ~ Y mausncs. TLs ~wornta of iw~r~nct tea~~red Sy ~At Mae~~~ee ah~ll be tAe wlni~euie ~sow+u fw ~AicA sud ~nsw~~ct sh~l~ bt .r~uen ~ ~ne sA~ll et urcYwbsnt ~ooa tAe Morta~sor to ~~e4~n •ach ~dA~aon~l ~es~r~nce ~s w~Y ~ nece~s~rr ~o a~eet ~nd coe+plr ~utlr .~~A •11 co-~nsrr~acs reqnueweats coa~a~ned ~n s~id ool~ciss to the eeA tA~t ~Ae s~iA Mat~~{e~ ~s not ~ to-~niuro~ tAsrernder.lns~r~nce sb~ll bs ~nttsn !r ~ to~sr a cap~u~e~ ~wroved a des~~n~teA by ths Mat~~~ss ~nd ~11 ool~c~e~ ~n0 rsnt~~ls thsreof sA~ll es Meld ' sr u~. w«~s.s«. All OstailsA ~ssi~uauan~ br tUe Mort~~~or ~A~ch u~ ~cceOteA br tAs YortN~ee and ~11 yrsassnts ~et~esn Mal~~~a ~ r ~~0 Mxt{s~ee rsl~~~n~ ~o in~Yra~ce. no~ saistia~ or Aers~ftcr w~ds. ~A~11 bc in rr~lis~ ~M d~ll be ~ put o( tAi~ ~ortp~e ~~tsawtat u fr1lr tAor{A ~a fatA rsrb~uw herein ~n/ iA~ll ~ovsrn sotA Mrtis~ hsreto ~ed de~r sncce~ion u~d a~s~~ni. No luw ~nr ot s~l~ ooliciss of ~~~~uance or uPan ~ar refw~d or ret~m pe~~w rhicA w.r be o.r•s1e oe ~I+e cs•eell•iioe er ~en~~e•uon ~Aersof. sA~ll g be {~~en ~o aAer ~Aan ~Ae Mortp~sc. eicsP~ ?r ~ooer cndorieweat •ffiaeA to s~eA ooluy uN ~~pe~eA br Mor~a~~sa B~ch ool~cr o( ~n~rt~ncs ~h~ll Mre •(/~aed ~Aereto • S~~nd~rd Ne~ YorY Mor~N~se Cl~we +~~tAwt Co~trifrtlon. wskin~ ~11 loss a lossea ~nder s~ch plicr Nr~ble to ~he Mottp~ee ~ta ~n~ereii ~r ~//eu. Is t~s e~s~t an~ aw~ a swu ot woney Atcowc pr~01t ~bt~trnder tAt ~lort- ~ {~~es sA~ll A~vt ~Ae oobon to rsce~ve •nd •~ly tYe s~~e o~ ~scmnt ef U~ ~n0el~edness Aereer secwed. or ~o oene~t ~Ae NM~as~or ~o rtce~•e aM we ~t. a~nr pr~ tAereof, ~~tAoYt dureYr ~~Ir1Aj or ~~~u~~ •nr sw~tr, lun. a n~ht undcr ~nd br v~nYe of ~A~s worlas~e. In e~snt o! Iws or oAys~c~l As~a~e ~o tAe ~at~~~sA ~o~rtr the Mat~s~a shall ~Zrt ~~c~~~tt nouct tAtrt~~t by ~u~t to ~ tA~ INnre~~~ee ~nd ~he Mer~~~~ee eur ~+tc poo( of Ios. d ~Ae s~we ~s no~ wae ~o~lr br ~hr ?Ioryior. In eveet e( fasclwws of ~ ~ L~`'`i~~` J, . J~ ~ ~ ~