HomeMy WebLinkAbout0631 PRQVIDEf1, ALWAYS. tha~ ~f the ~1ort~a~o~ shsll p~y unto the Nort~a~ee the indebtedness ev~de~ced by a
certa~n prom~.aory note of wh~ch the followin~ in words and fi~u~es ~s s true copy to-w~t~
_ . '~:d~C~~~_ ~~4rC _ _ - - - - - T .
3~S50_. 00 _ _ Fort Pierce , F~~„~;~~;, No_v_ember_6 , 76 , - ~
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N111t ~':~Ll'E RECF:l4'k:l)_____ --I ~
_ . _ ~1~Ulllly l1/ `~:i\ s
~~~fr~ ~~r MOSES JAFFE. _and--JEAN.~AEFE, his__s~ife - _ . _ - ;
~~~r ~~~~n~•~~~~~ „tTHREE THOUSAND FIVE _HUNDRED FIFTY and_ no~ lO4H~~.I.AR~. toKrfh+•r with inlrr~•~~ :
, U~rrrun f~u~n date at ~hr ratr of lrn ~m~nt, pr~ annuin until matunt}•, both p~incipa) and inle•rc~l l~ri~~g pa~ablr in laMful n?unr~ ~~1 ~
~hr t'niled ~tatr~ at :.':.'-i~t Iti.~•a~nr Nl~d.. \Iiami, Florida, or at suc•h utl~er place a~ the hulden h~reu( nuy dr.ignatr in writ~u~;.
Principal and int~~r•t payabl~ in in:tallm~ntr, a.c fullowx:
SEVENTY-FIVE ($75.00) DOLLARS ~er month beginning on the lSth day
of January, 1977, and continuing on the lSth day o£ each and every
month thereafter until paid in full.
Th~c n~~~e ma~• be prepa~d ~n vrhole or ~n patt after one year [rom the date hereof upon payment of a Penalty equivalem
ri~ld pr~~•~•nt ~?f lh~• ~~rin~•ipal •nm ~~m~~aid.
f:~~•h in~tatlm~•nl pa~ ~nrnt ~liall l~r ~•~ditrd fint un th~ int~rect dur, and thr mmainder on prin+-ipa1: and inteK.t •hall 11 ~•r~•- }
ufK?n rra.w u~~ut~ Ihr prin~ipal W~ rrr~lilPd.
Thr n~ak~~ and rndur.rr. of thi• nut~ furthrr aKn~e tu waive d~mand. nolicr uf nun- ?a~ rm~nt and pmtrst: and in tlu• ~vrnt uit
~hall br bn~uKht (ur thr ~•ollr~tiun hereuL or thr same hac to be collect~d upon demand u~ an attorney, to pay rea.~onablc aiturn
f~•r. fu? makin~ w~•h ~•ullr~•tiun.
~ I)rfrrn•d pa} mcnt~ h~•mundrr ~hal) M~a~ iatrm.t at thr rate of ten per~rnt per annum fru~n maturity until paid.
'I~hi~ nntr i~ ~rurrd hy a mc.rt~a~~ uf even dat~ h~~~with and is to be construed and enfon•ed accordin~ to the law~ o( th~
~tat~• of f lori~a: upnn drfault in th~ payment i~f principal and/or interrst when due, th~ w6ole vwm of prinripal and inlrrrst
;~r.•mainin~ unpaid ~hall, at th~ opticx~ of th~ holder:s, become immediat~ly due and payaWe.
S - (~f:-\1.)
(~F::~i.~
Yr~p~r~d by ~prcl~r ~"iendn~h. 111otnry~ - 2'2~1(1 Riccayne W~d.. Mumi. Flarida
and shall petfotm, cumply w~th and abide by each and evety the stipulations, agreements, conditioos and,cove-
nants of sa~d prom~ssory note and of this deed, then this deed and the estate thereby created shal! cease snd be
null and void. -
1. The Mort~a~or hereby covenants and a6rees:
To wr aed s~n~ul~r the a~~~~wi and ~n[ercst and otAer sums of r aney payaste ~y v~rtue of sa~d pran~ssory ~ote and ~h~a
detd, a t~tAtr, pranptly on tAt d~ys respec~~rely the s~me severally beconxs due.
ltr) To per~n~i, cam~t a a~t(er eo wssee s~d ~o maint~~n ~he ~mpe.ements ai alI u~ees m a su~e o( ~ood repau and cond~uon. and to
do w pers~t to Se done to s~~d pre~eises eotA~n~ ih~t +r~11 al~er or chan~e the use ~ed eh~racter ot sa~d proper~y a~n any rray ~mp~~r w
+~eaken tht secunty of th~s wort~a~t. And ~n case of tAe refusal, ne~tect or ~eab~lity o! the Mo?tpsor to ?eoah~r.d ssint~in s~~d proper.
~Y. ~~e ~~Ntee ~aay, a~ h~s opl~an, mske such ~ePaus a cauae tht s~me to be made, and adrance ooaeys ~a tMt beh~lt.
(c) To psy a11 snd ~~n~ulu We baes, sssessments, le~~es, 1?a0~l~uej, and obl~{aUOns of every natwe on s~~d destnbed property each
snd c•err .hen due and psyable accord~n~ to law. Aetae ~her becaee del~aqueet, ~nd to del~ver to tht Mort~a~ee on w befwe INarch
ISth ot euA yex taR receipts ev~denc~n~ tAe psyencnf o( sl! Isrtully ,aposed taaes fw the preced~a~ eslendar yesr, to ~ndapmfy tAc
Ma~p~ee ~oon h~s Jem~ad !a all taaes, a.sesaments an0 cAar~ts that iday be assessed_upoe tAis sort~a~t on the ~ndestedness
cured hereby, and pa~d by the aatsa~ee, .~tAou~ re~a~d to any ta~r herNOfort etl~cted ot_l~ereifter co be enacted ~soosin~ ~a~nnent o:
i!u ~rAole w any n~~t 1\ettol ~pon 1ht M~+r1i~f«-
(d) To p,r sll snd s~n~ulat ~he costs, char~es snd eapenaes, ~nclud~n~ Is.ryers' feea and asstract costs re~so~aAly ~ncnrred ix p~~d at
sny ~~me Ay ~Ae Mat~i~ee becau~e ot tAe (~~lure on tAc part ot ~Ae Mat~s~ot ~o perfam, eomply rith and sb~de by tacA and ererr ~Ae'
supuLuo~s, a~~eemems, cond~uons and corenants of ss~d prom~sswy note and tA~s Qeed, or tu~e~, and rvery s~cb~psymeni sesii oear
~mc~est (rpn date a~ the rs~e of ten I IOS) pe~ centum per annum. ~
(el It is f~r1Aa cores~~ttd ~sd ~~tted br ~~id p~tlits tA~t ie tse eveat o( a ~~rit btio~ iastiwted to toreclose tAis wott~~e. We ?lat.
p~ee iAal! be es~itkA to s~lr ~t ~ar ~i~e oeadie~ suc~ toreelos~re arit ~o the cwrt la~iu~ j~risdictian ~hereot fa tAe ~opoia~~ca~
or . reeei.er d•n .se ,;,y.i,r ae uo.,s•a~ o+~~~r. aad of ~11 rents. incw~ss. orofita. i~s~ei ~sd re~earet thertof. tro~ .A~uoe•er
sowce deri~ed: a~d ~Mcreuyon ~t ii hereby eaprt~alr tore~Nted ~ad a{tss0 tl~~t tf~e Carrt s411 forthrith ~~oiei srcb receiver .ltA
' the wwl ~ers ~sd ~utiu of receirer~ in like cuer, ~wd ~~id •~oia~acnt sAall be M~e br tAe cavt u~ satter of strict ri~he eo
h
~ ~~~f~i«. ~d ~~~Mo~~ ~eference to the ~deqwcy a ie~OcqaacY of d~e value ot tAe ~oocrtr herebr aatp~ed, ar ~o ~Ae solvcacr
a~n,o~~ewcr or ~4e Moryaser. «•nr od~c~ y~~tr defsnd~nt to such suit. '!Ue Ulortp~ot hstsbr aosci(iedlr ~r~i~e~ tbe n~bt to objcet
~ ~o tAe •~oiat~en~ of ~ receiver ~s ~fore~~id snd Aerebr exoresalr cmtcnes th~t sucA ~ppinraest qall se aade as ~n ~Oeined ear~tr .
~nd ~s ~ w~tter of ~bsol~te ri~h~ to the Mort~a~es ~ad Wat tAe a~~e ssr be done witAort aetiee te the Mort~ajor.
(f1 If faeelosure otocss0iap sAoYIA be iastitrted ~{~inst tAe otooertr eorered ~r Wis ~on~s~s nooa snr otAer licn or cl~~m.AeU~er
•lls~ed to bc srOsria or jYnior to Me lien o~ tAi~ ~ort~~~e. ~Ae Mo~tN~se awy •t his oPtim ireduielr ~oow Ilbll{YtlOf1 O~ iYCA lYll
or dw~as tAe qsndency tAereot declue tAei esor[jaje ~a0 tlK iadsbtedneis aecured Asrebr dne ~•d p.r.ble ta~A.~~ •nd asr •~~~s
oNioe ~«eea ~o r«ecio.e u;s wory~e.
Th~t tAs Ilatµ~or ~ill keeP ~II re~l ~nd persoa~l oro~ertr ao~ ar 6ere~(tcr e~cw~bered br t6e lien ot tAis irory~~e u?s~reA ~s ssr
!e reauired frow ti*e to ti~s by tl~e I~lory~~ee ~aiest tos~ !y tire. ~indstaw aaA o~her b~s~r~ds. c~swlties ~nd coneia~encies ta s~ch
pa~ods ~u0 !or sot ki~ tAW ~rch ~wors~~ ~s yr bt requ~ted br tAe I~Iott~a{te snd to ~r qo~p~ly rrAea due NI pes~w*s for ~rcA
inswu~cs. TAs ~anta of iy~r~ece re~~ired elr t~e Mort~~ase aA~ll be Ws ~iai~us ~~oYets for ~~lcA s~~d insnru~ce sAall be ~nttea
~n0 it sM~tl M inewibe~t ~-iAs Mory~ja to w~istai~ sneb ~adit~pul ~a•~rascs u..y be neceasur a.ee~ s.e ~o~ea~r trur ~~tA
~11 ca~uswu~ce reqrire~s~t~ coet~i~eA in s~id oolicies to tbe sed that the •~iA MonNt« ~s not ~ co-inswa tAere~r+der.lnsw~nce
sAdl es rr~~ttes ?y ~ co~~y at co~M~ts ~pro~sl a~ Ies~~uatd 6r tAs Mortq~p ~nd dl plLtit~ aad nas~~ls Wreot sh~ll be Msld ~
br t?s Msrtp{cs. A!f Ist~i1N Ie~i~aatieni !r tws Nort~ot s~Alcl~ us ~ccePled ~r tAs Motyyee ~ad ~11 yrsesests rst~ssn Mon~~or
W Merqyse rsl~tin~ to a~rr~~ce. now saiiti~ ar Aers~fter w~de. ~11 Ye in vritis{ u/ dall !e ~ Put of ~Ais ~atp~e yrss~~
~ a~ir u~o~ •a ta~M •srb~ii. Aersia •nd sl~ll ~orern boW ~.niss herew .ad d~eir srcce~so~s ud usip~s, No t~ca a~r of
~ aaN pliciss o( iAirr~nce a~ ~yas asy refww or reaun ~e~~w~ vUid rp be y~r~~le ou 1Ae cucsllstiae a te~i~saon ~Aereof. sA~ll
~ ~y
6e ~~vsn te otAer rAw Uis MortN~te. eacept br ~oosr sndor~c~sat ~(fiaeA to ircA oolicr ~wd ~Mro~eA ?y Mor~p~ee. E~ch oolicY of
issrru~es Null lw~e ~ffitsd tbsrs~e ~ St~adard Ns~ Yart Mortp~se Ct~uss ~itl~oYt Coat~i~tro~. w~kin~ ~H loss a losaes u+Wer sYCA
~ plitr Mr~llt te Ue Mott~ee ~b i~iereri iur ~MsK. u~ ~e s••~~ •n «,r.s ot .~oeer ?eco.e
My~ble thertYndtt tAt hlorl-
N~ee sMll A~ve ~Ae e~tleu te ~ecei•e ~a/ •plr ~ie s~ws o~ aceant of ~e ~edsstedas~s AerNr ~scwsd. o~ ~o ~ena~t ~Ae Mo.i~~~a
te reeei•t ~W ws rt. a~~y d~ereo(. ~itlwa tAsie~r ~airis~ or iyainn~ a~r sqrity, lu~, a n~At wWer ~nd or nrtre of tA~s
' ~t~a~s. b e~sst of Iw~ a/~~ieN d~~a~e to tAe ~t~~~eA ~reper~r tl~e MatNSo~ sA~ll ~~~t ~~we/~~IC ANret tAersnf br ~a~l ~o
tAe Mat~~~ee .nd ~Ae Mir~~~~ee w~y ~ke p~oo( of los~ ~be s~~e no~ w~Ae po~lr br ~he sl«~a~a. Is e~en~ of toreclosws of
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