HomeMy WebLinkAbout0128 PROVIDEn. ALw/1YS. ~hat ~f ~hc \tort~a~o~ shall pay unto the Nort~a~ee ~he indebtedness ev~denctd by a
certa~n prom~.ao~y note o( wh~ch the folloMin~ ~n words aod f~~uces ~s a t~ue copy lo-w~t
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*_1.S50.QO_ Fort ~'1@Y'Cf'~_ _ ~•Inn~i.~ _ September 18, 76-
F'~HS \\I1 KF:~.t~l~1l? WE, jointiy and severallY, ~~r~~~~~-~•~~~
, ~~t CISSY STl~:~It:RMAN
'~I~~• pr~~„~~p~1.~~~~~ ~~r ONE THOUSAND FIWE HUNDREU F IFTY and no/ l0U I~~ il.l. ~lt~. ~,~~~~•th~•~ ..~~I~ ~~~i~~
ihr~~•uu fn~u~ ~lal~• at th~• rat~• ui Irn p~•rr~•ut. prr a~uuu~i ee~~tii rii~tunl~. bulh ~~riur~}~.~I ~nil ~n1~•n••t 6~•in;; pa~abl~• iu IdN~11I ~nuu~•~ ~
thr ( nil~•~1 ~tat~•- .~t :'~'1I ~{IW'J\71~' ISllll.. ,~lJIIII. Flurida. ur at ~u~•h ullirr ~~I~~~r a., tl~~• huld~~r~ lu•n•u( ma~ dr~i~nal~• iu Nnliii..
~'ru~c~pa! ~nd i~~le•re•,l (,a~al,lr ~n in~l~llmrnt~ a~ fuUuw~:
. !
FORTY ($40.00) DOLLARS per month beginning on the 15th day of November, ?
1976, and continuing on Che lStt~ day of each and every month thereafter +
until paid in full. ~
~
~ ~
lh~. m~tc mar he rre{~aid ~n ah~~le <~r ~n part aftrt une ~~at from the date hrreuf ur~~n pa~•mrrtt of a penalt~ eyun.,;rn~ ~
~•~_{it ~~~•r~ ~•~~1 ~~f Ili~• ~~r~n~ ~F~:il -~nn ~~rr~~.n~l.
F:a~•h m-lalin~rnt p.~~ ~urnt >l~aN br ~ r~~d~tr~1 I~r~! un ih.• inlrrr~t dur. and th~• rrn~amd~•r un pnnc~pal: and ~ulrn•~t ~hall 11~~•r~•
~ up~,n rr~a~r u+~un lf~r ~i~~~~~ ~~~al rr~~~l~lyd
( ~ I I~r maker~ an~l .•u~lunrr~ llii~ nut~• (urt6~•r :~~r~•r t~~ Na~~~• drmeud, nuU~~~• uf nun- ~a~?n~•n! anil E~rut~•.l, and ~tt tlu• +•~.•n1 -ui1
-;~.~II L~• k~ruu~;ht ~ur tln• ~~~11~•~ Uun hrr~•uf. ~~r thr .amr 1?a~ t~~ br culirrl.~d t~~~on drn~and u~ 'rn rlturnr~'. tu ~~a~' r+•a•uuaW~• aUurn~•~
i I{.~- I~~r n~a~~n~ -ur}~ ~ uNrrUun • :
i i I?~•f~•~r~•d pa~ ~nrnt~ h.•r~•uudrr ~hall b~•ar ~nl~•r~••t at th~~ ral~• of Irn ~?~n•~•nt p~•~ amn~m (ruu? maturily unti) pa~d. ~
~ Iln. n~~lr i> v~~•u~rJ b~ a rnurl~a~~- ~•~rn dalr h~•n•witl~ and i~ t~~ 1M ~~~ri~tn~~d at~d tnf~~r~•~d ai•c~~rdin~ U~e 1a1~~ i~l Ihr i
j `1,~1~~ ~~f F lunda: u~~~~n ~i~feult ~n thr__pa~ mrnt .~f pr~m•iEr.?) an~L'~,r ~ntcr~;t wh~n dur. th~ wht~lr ~um ~?f prinripal ann',~ ni~•r~d
~ r~•rna~nm~ ut~p:~~d -I~rll. at thr u~~tinn ~~f Ih~• h~?ld~n. I~r~~u~ne ~nun~Jia h due and payai~lr.
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?'r~~~.u.~~1 1~? ~pN'Irr I~ndnrh. ~tl~~rn~~~ - ,•1U K~-~•a~n~ Hl.d . ~tunu. Fl~x~da ` i
and shall perform, comply w~th and ab~de by each and every the stiputat~ons, agteements, conditions and cove-
nants of sa~d ptom~ssory note and of th~s deed, then this dced and the estate thereby created shall cesse snd be
nu(i and void.
1. The Mortsa=or he~eby covenants and agrees: .
lal To paY ail and s~n~ul~r ~A~ p~~nc~pal snd ~ntcres~ •nd otAer sumc of moneY D+yabie by v~ftYC O~ f~IQ Qfp111!lOtr ROlt and tA~•
dceQ, w treher, pranptly on ~he dsys respect~rrly ~he same sererally becomcs dut.
Ib) To pennit, conrn~~ o~ sutter no ~aste s~d ~o ma~n~a~n ~Ae ~mproven+eets ai all t~mes ~n ~ state o( ~ood ~epa~r ~nd tondH~on, and 10
do a penq~t to se da+e ~o s~~d qem~scs aotA~n~ ih~t w~11 siter or chan~e the use •nd cA~ncter o( sa~d poperty or ~n ~ny ~ay ~aDa~r pt
rcaken U~e securny of th~s nartq~e. And m case of ~hc rcfusal, ae~lect w~nsbelrt~ of the Mort~s~w ~o rtpau ied ma~ntiin sud ptoper-
~Y. Mori~a~ee may, st A~s opt~on. make sucA repaus a cauae eAe s~me ~o be rnade, and advance moncya m that beA~lf.
(c) To pay •il and ~in~ular tAe Isacs, assessments, ler~es, I~~D~i~t~es, and obl~~~~~ons o( every nature on s~id descnbed property eacA
and evetr rA~e due and psyable accwd~n~ ~o law, betoie tAty becane dtl~n~uent, and to Qel~ver to tAe Mwt~s~et on a bt(ort i`IateR ~
ISrh of e~cA rex ~aa rece~pts er~dencm~ ~he payment o( •U )~.fully imposed taau fu ~he preced~n~ c~lendar year, to ~ndnan~fy tAt
Mort~a~ee upon A~s Jem~nd (a aii ~sxes, a.sesamcn~s snd charaes tAa~ may be •ssesaed upoe tA~~ mort~a~e on the ~ndeAtedness
curtd Aereby, and ~s~d by the mat~aEce, •~~hou~ re{ard ~o ~ny lav heretofae en~cted or Atreafttr ~o Se taacted ~~Pos~n~ ~ayneenl o!
~At rAoft o~ any ~srl lhet[o1 upon IAt 4letijajct.
(d) To psy all and s~n~u{ar ~he costs, cAar~es snd eapeaaea, ~nclud~n~ I~.yers' fees and absuact costs re~so~~bly lnenrred rw o~~d ~1
any ~~me by ~hc Na~Ra~et becau.t o( tAc fa~lure on ~Ae part o( the Mor~~a~or to pertorm, coenply +r~tA and ab~de by eacA and erery tht (
su~+ul~uons. s~reements, cond~hons and cov[nanes of sa~d prwn~esory note end lA~s deed, or e~tAe~, and eriry suth~p~yment shall bear ~
~mc~est (rom ds~e a~ tAe ~s~t o( ecn I IOL/ oer centum per annu~n. '
(e) It ~s fYr~htr co~eese~ed ~nA ~pccd br a~id p~rt~es Uat in tAe evest o( ~ srit Ae~n~ iaatit~teA to faeclose tAis wortsaae. We 14ort. i
~~~se sh~ll bc tatitleA to •~ly •t •nr ~i~e pendin~ •ucA forsclosure s~it to tbe co~rt Aavia~ jYrisdiet~ae tAcreo( fa sAt aOPaint~sat ~
o! a ~eceiver o! all ,~e ,;,y~~,. .o~~a•s~e or,os~er, and of ~11 reets. iecosei. po(iti. usrs~ sad ~e~cencs tAereo(. fro~ ~Maoe~er
~orrce den~cd: ~ad therc~ooe? ~t ~s Acrebr eipres~lr co~es~ntN •ad ~~rsed tA~t ~Ae eo~~ .e.n rone.~w .«e~.~..~a
n
ihe ~swl po+~sr~ anA drt~es of rcceiven in lite e~~e~: ~nd said ~poointeent sUall be ~ade 4~ Wt towt ~s ~ ptter o/ it?it1 ~i~ht 10
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ihe Mortj~~ee, ~nd r~tAou~ rcfcrence to thc adcqwcY a in~deau~cr of Me ..i~ ot u~e ~o~«r e~.~sr.w«s.i~a. a to tAe ~olvescr
or ~nsolveacr ot tAe 6{wt~~~ors or ~ey otAcr y~r~r de(end~at ~o ~YCh suit. 71~e Mortp~oc Aetebr ~ottifitdlr r~ives 1re ri~At to object
~o tbc •~o~eta~ent of • rtceirtr as aforta~id ~nd Aertsy eapreislr em~t~ta Mat ~~rcA a~oiet~set iAal! ?e ~aAe as an ad~itted eqr~tr
~nd a~uer of ~bsolrte ri~A~ to ehc Morcp~ee •ed tA~t tAe se~e aNy se dme rntAont aotitt to tht MatN~or.
!x==!=a_x ~~e'^:"~ et~~:!~! b_ •r_a~:e•.e•~ .:siw.~ ~Ae ere~n~ eorered Av thi• ~tu~e ~eon antr od?tt lien a cl~~a ~rAetAer
•IIs~eA to Ae s~per~or ar jYnior to tAe t~cn o( tAi• wort~~~e, tAe Mory~{se auy A~s ootioe i~ssdi~telr ~oon in~tituuoa ot sueA s~it t
or dw~n~ tAe pcadencr Wereo! dsclart ~A~s ~or~ai~e and the iadcbtcdn~is sccured Aerebr due ~nd y~y~blt /ath~r~tA ~M u~sr ~t ~~s f
o/t~on ~oceed Io foreclo~e tbi~ sat~~{e.
(N TA~t We Morya~a ~itl keeo ill re~l ~nd pcaoe~t propcrtr eo~ or 6ere~(tcr encusOcred !r t?e I~en of tAis ~al~~~e ~asureA si w~y
Ye rc/nired frer ti~e to ti~s br tAt hlort~aste ~{aisat loas br fut. ~iadatorw ta0 other h~s~rds, C~iWlttl! ~OA CMlql(tAtllt /Of fYCA
Ocr~dr ~ad (a so1 leas W~ ~ucA ~aorels ~s s~1 ee requ~red br ths ?rorea.~sc a.a io o.r o~o•p~r ~Aea dYC ~1) pew~ws (or sYeh
~eaw~ece. TM ~~ornu ot iu~~tasce rtOuued ?r tAc A1o~t~~~se sa.u ~ u~ .;e~.,,u .so,au r« .a~~e ,.w ~nsrr~wce skall ?e ~nttp
~M s~~tt h wcwbsat ~oa tie Mort~~~or to s~inaie •rcA ~Adiuoaal ;A.rr•u~s ..r se ae~e.,ar. w.~si a~e ~a~o~~ r¦nr .~a
~tl ca~nawascs ft011itt~Al~ conuined in s~id oolicies to the ea0 tAat d~s isid MortN~or is no~ ~ caies~uor tAere~rber.lns~nnce ~
sA~ll bs vnttea ~r ~ cow~~~y ar cayw~ss ~~ovsd ot Ae~i~n~te1 or tAs Mat~~~ee ~sd ~11 plicis~ aad rsn~~~l~ tASrsof sAall !t ~eld ~
~f tlie Matpsee. All Is4ilN desiasationi br tM Mo~tasaa rA~eA ue actt/teA br d1s Alott~jse tad ~11 ytssASllts Ntrssn MortNiK
~e~ Mor~{yss rel~~~n~ ~o in~Yr~~ce. no~r existin~ or Asrt~fte~ s~ds. ~Mall bs in ~rri~i~{ ~ad ~~11 ?s ~ Put of tAii eat{~~s yrss~t
u frllr tl~otiaA •et faU~ vsrb~tiw hcrc~n ~M sAt~~o e?a bWA Nrtis~ Asrsco seC tAsi~ srecesaor~ ud ~saiins. Mo lisn spon ~wr of
sal~ plicis• o! insur~nce a~os aer refw~/ or rstwe Kt~~~ rA~cA iNr Se Nr~blt oe tAs cucsll~tioe ar Ias~n~tio~ 1Attsof. ~A~11
?e ~~~e¦ to otAer ~A~n tAs MorW~ss, eacePt or popcr enaase~snt •t(ixe! to s~cb oelielr uW ~~perd ~r h1o~~q~se. E~cA oolicr of
~a~rnnes ~Aall Mre •ffiaN tAereto i St~n0u0 Ns~ Yort Mortp~se Cl~ws ~itAo~t Coauibrt~aw. watiee~ all losa a lesaes w~de~ srsA
plicr Mr~Ate to tAt 11atp~ee ~ts ~n~srest aNr ~MsW. lu tis evapl ~~r ~rw or swu of Aoatr lecowe Nr~ble thsrtYnOsr ~ht Mott-
~~~ee sA~ll A~•e We o~hon eo recs~vc •sd ~oplr iAe sa~s ow secawt o( U~e ~ndsbtsAwsss Uers~r secrrea. a io oenr~~ ~Ae Yo.~~~~a
to rect~rt ~M ws n, a aAr Par1 disreof. *itAort d?eitYr ~~iv~na or iN~?n~ •nr sQrity. tits, o~ nNt w~der s~d by •u~re ot W~s
wa~~e. ersnt o! Iws or oAysic~l d~iea~c to tAe ~1/s{td rtoperty tAt Mott~a{ot s~~ll ~~ve ~~wed~~te ea~ce tMercof ey nu~l to
~Ae Ma~ti~ t+~d t1~e MeKi~~~ee ~ur n~te poof of toss ~f ~he .~we ~s no~ a~.de pa.p~tr !r c~e ~tar~s~a. [n e•en~ o! faectosrre of
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