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F'ROVIUfih, AI.NAYS. that the ~1a~t~r~`oe shall pay unto tfie Nor~~a~ee the ~ndobtedne~s rv~Jtncrd h~• a
crrta~n ptwm~~ury note wfi~ch the followin~ in wo~ds and (+sures ~s s ttue copy to-.~it-
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t _~OQ.QQ - Fort Pierce, h'~„~;,~;, January --~4i-_-- ~y77 ~ -
Fl lli 1, I.I~E I ECEi\'F:l) . - I ~ prurui•r t.,
~h~ ~~~r~ „r JA~K R~SENBERG and - C~aNSTAPCE 1tbS~I~B~RG liis wife ~
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~h~ p~~~~~•~~~~~ _ONE -THbUSA~VD_ NYHE:_~IUNDRED~ ANI~-noll - _ - _ _ .
- ~ lN)I.L~1K~, tuRrlhrt with inlrrr.l
Iherrun (rum date al Ih~ ralr u( l~n F~rn•~nt. ~~r annum unlil maturil~•. twth prin~•ipal and in~Prest 1N•in~ pa~ahlr in lawful tuunr~ u!
Ih~ t~nitrJ ~t-rtr. al :.''.'.•11 li~w•a~nr 131~d., ~liami, E'lorida, ur at wrh uthrr place as the hulJrn herrut may de.ignatr in writinK.
Principa! and int~~~.t payabk in in•tallment~ as: iulluwx: ,
SIXTY ($60.00) DOLLARS per month beginning on the 15th day of
March, 1977, and continuing on the lSth day of each and every
month thereafter until paid in full.
Th~s ~ote ma~• bc prcpaid ~n whole or ~n part after one yea[ fcom the datc herevf upon payment of a penalt~• eyuivalent
lo ~•i~;lit prn•rnt uf lh~• prin~•ipal ~um pn•~?aid. ~
F.~~h imtallm~•nt pa~ mrat •h~U t~r ~•r~dit~d fint on thr int~r~.t dw•, and th~ r~maindr~ on principal: and intr~.t ~hall t!u•r.•-
u~n ~•ra~• u~?un lhr ~~rinr+~?a! rrr~iitrd.
Tl~r mak~n and ~•i~durvn uf thi. nutr furthrr aKn•~ tn waive drmand. no1i~~~ u[ nuu•}~a~•mrnt and prol~•sl. and in th~• r~•~nl ~uit
J~el) I~r bru~~Kht for U~r ~•ull~•~teon herroL or th.• :ame has to br collecled upon demand o( an atturney, tu pay ~ea~:cwnable attorne~
(rr~ tur makinK ~u~•h ru11r~-tiun.
(1~(~rred paymrnl~ hrmund~r <halt t~ar ~nt~rr~t at the rat~ of ten p~rc~nt p~r annum irum rnaturity until paid.
'I'hi~ not~ i~ v~urcd hy a mnrl~aK~ uf ew~n ~1at~ h~r~with and is to be constnied and enfureed accordin~ to th~ taw~ o[ th~
~tat~ n~ Fl~xida; up~~n ~kfault in lh~ pa}m~nt ot principal am~r`or inler~st wh~n du~, the whole wm nf princip~l and int~resl
rrmain+nR u~pa~d ~ha{I, at the optiun nf th~ hul~k~, bernme immediat~ly due aod payaWe.
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Prrp~r~d b~ ~prl~r 8 Ie~dnc6. .lttoraey~ -'t_~ll H+vayne 111vd.. Aliami, F{orida---
ar~d ~halt per[e?cm. cumply w~th and abide b~ cach and every the stipulations, agteements, conditions and eove-
I nants of ~aid ptixnissot~ nute and of this deed, then th~s deed and the estate thereby cteated shall cease and be
~ null and vo~d.
~ l. The Mortgagor herebY covenants aod agrees~
lil To pay all a~ s~~~u~ar tAe p~~c~0a~ ~nd ~Rtcre~t and otAer sums ot money payablt by v~rtsse o( sa~d ptan~ssoty note and th~~
i dred. or e~ther, promptly oa the days reapecuvely the same severallY Aecoenes due.
~nl To permas, comen~t or sufter no ~ras~e and io ma~num the ~mpror~ments st all hmes m a stste of `ood tepa~r and cond~uon, ano to.
do ~x pe~m~t to bt done to ss~d premises nolh~n~ that r~ll altet or chan~e 1De use and char~cter of ss~d poperty or m any ray ~mpsu nr
reaken ~he secunly o! th~s monp~e. ~nd m case o( ~he retusal, netlect w msb~l~ty ot the Morttasw to repau ar.d mam~a~o s~id qropa-
;y, tne MurtsaRce mav, at h~s opt~on, make such repairs w cauct tAt s~me to bt msde, and adr~nce uwneys m thst behalf,
i To psr a11 and s~nsutar the taxes, assessmrnts, levies. ha~~Nties, and obli{~uons of erety nawrt oa ss~d descnbed propaty each _
,nd every When due and paYable acco~d~e~ ~o la~. ~etae tl~ey became delinpuent, aod to deliret to the Matp~ee d~ or beforc LAarch
IS~h o( eaeh year ~aa rectip~. e.idenc~n6 the paymeet o( all lar~(ully ~mposed taaes for ~he precedm6 talendar year, tu mdcmn:(y the
~tat~s6et upon A~s Jemand (or •11 tsxes, a~sessmen~y amf cAar~es thal msy bt assessed upon lhis matea6e on the ~ndebtednesti
.we~ hereby, and pa~d br the mortiaste, wuhout rcprd to anY lair herctofae caacted oc heeea[ter ~o be enacled ~mpos~n~ ~ayment o:
~~I ~he -rhule or any ~art thueo( upon the Af.•rt~asee.
~ (d) To pay atl and s~n~ular ~he coct., char~es and eapen~es, ~ncludm~ Isvyers' fee~ and abstrsct eosts reasonaAly ~ncurred or psid at
~ •n~ t~mc hy thr ~tatE~~ee bec~~.e ot the (silwe on the part ot the Alurt6a~or ~o per(wm. canD1Y M'~tA aod ab~de by each snd every the
~ .~~pulaUOn~, a6reemen~s, cond~hons and cortnrnts o( said prom~saory note and this deed, d edAer, and every such~p~yment sAall bear
~i ~nt.rest (rwn Jait ~t the r~ie o( ~en 110"s) pcr centum per annum.
i 1~) ~t ~c further covenanted and a~reed by sa~d pu~~es that m tht event of a suit bem~ mshfuled lo foteclose th~s mortsi6e, tAe ~lort-
I Es{ce shall he enutled to spplY at any hme ptnd~ns such foreclosu~e sult to the cou:t hav~n~ ~ur~sd~ct+a? thercot fa tl+e appo~ntmen~
~ o( a rece~~er ot all snd s~nsular We mort~a{ed property, and ot aU ren~s, ~ncomes, profus, ~asues and rerenuea thereot, from rhatsoere?
,~wrce denved, and tihereupon »?s her~by e~pressly covenan~ed and a~reed that the Court shall totthritl? appo~nt such rece~vet W~~h
the u+wl porers and duhes of r~ce~~ers in (~ke casts; and sa~d appo~ntment sh~ll be msde by the court ss a matter ot +trict n~ht ~o
~hc ~Ion~a~te, and W~thout re(erence io ~ht adequacY M ~nadcQwcy ot the ~alue o( the ptoperty heteDy mortsaetd, a to thc sohen~y
i ,~r ~nwolrency ~he Mo~t~a~ors a a~Y ~~hts pa~ty detendant to sucfi su~+. TAe ~1w?Eator hereby spec~f~wtly rarves thc nsht !o oA~e~t
~ ~u the sppom~mrnt of a rete~ver a~ afwesa~d snd Aercby eapressly conscnts that such appomtment shall be made as an adm~tted ryu~~.
and ss a msner oi'absolute nsAt to tAe Atat~~~ee and thst thc same may be done ir~thout aot~ce to the ~Iwt~a~or.
If f 1f (oreclaswe proceedinp should be ~nst~tuted ap~nst the property covrred by this mwtpte upor~ any other I~en or cls~m Mhether
•Ile6td to be superia a~umor to Ihe hen ot th~s matp~e, the Motl~a~te may at his opt~aa unened~~tely upon ~nstitut~on of .uc!+ su~t
or dunns the penJtncy ~hereof declare tA~s rt~ortp~t and tht ind~tedn~ss sccured hereby due and D~Y+ble fM~hw~~A and may at
optson pcocced to faeclose tAis matsate.
(~l That thc Mor<<a~a .tll keep s41 rea{ and personal pope~tY no~r a htrcaftcr encumbered by the l~en ot ih~s matsa~e m+ured a. m~y ~
bc requ~red froa ame to tirse br the 1Nortsssee a~amst loss by fue, wmd.t«m and o~Aer hasards, uswlhes and conunEencir. [ur cuch
per~ods and ~or no~ less th~n sucA amounts as may De req~,~red by tAe Mort~aLee and to paY O~~D~~Y due all prrm~ums (nr sucA
~nsurance. The amounta o( ~n~u[aoce re ed by `tDe Nort~~see sh~ll be tfie m~mmum amounts fw ~rA~ch sa~d ~nsutance ahaii be wnuen
ar?d :t chall be ~ncuenbent npon ~he ~brt~or ~o au~nt~m sucA add~t~onal ~nsursnce as may Se nece~sary to meet and comply tu11Y +~~th
stl co.~nsuqnce tequ~ttseMS conumed ~n sa~d pohues to the tod th~t Ihe sa~d Mor~~~Eor ~s not.a cw~nsuror tAtreunder.lnsursnce
.hall be Wruten by a cr~mpany or coap~n~es approred w dcc~~nated by tAe Mort~a~ee and alt pot~cus and ~enew~ls tRereot tihaff be he13
by ~he Mat~a~ee. All det~~led desi~nat~ons br the Mort~a~or rhich are accep~ed ~Y ~e lNort~a~ee and alt asreements bet~reen Mort~a~or
and Matpiee ~e{ahns to ~nsw~nce, no.r ca~stin~ ur hereafttr made, sh~li be m,rntm~ and shall ~e s psri ot ~his morip~e a~reement
as Iully ss ~bou~h se~ (orth rerb~nm herem and ehall ~orern both p{,rties hereto and ~he~r successors and sss~ses. No t~ee upon any ~t
s~~d pol~c~es of msurance or upan any refund or retum premium ~h~ch may be paysbte on Ne uncelhtion or ~ermm~non thereof, xAall
be ~~Yen to wher ~han tAt Mat~~=ee, eacept by poper endoesement af(i:ed to sucA poluy anb appror~d by Mor~~a~et. Fach pol~c~ r,f
~nsurance shsll have a((~xed Iherelo a Standard Ner Yotk MortLatee Cl~use rithout Con~r~bution, mak~n6 all loss or losse~ urtJer .ueh
pol~cr D~Yable to Ihe Monp~ee as ~ts ~nteres~ msy appe~r. In the event any sum or sums of money becoeie pay~ble thereunder the \luri-
-r shall hsve the ophon to rece~re ~nd app1Y ~he s~me on account o( tAe iadehtedness heaby secured, ot to petm~t tAe \MrtR+R^~ -
. ..eteive and ust rt, a any part thereol, v~~hout thereby raiv~n~ a ~mpa~rma sny eQuily, hen, w n~ht under snd Ay v~ttuc of ~h:.
mat~a6e. In event of loss w physical damase to the mort~aRed propetly the NortpEw shall (uve ~mmed~~~e ~obce tAercof by rr~~l
• thc ~1w1~a~cr .,nJ thc ~MrtR~Eee maY makc ~x~~of nt t~~., ,1 th~• ~amc nm m~de prumpttv by ~he \tatEa~a. In event IiKC~I~~•wt of
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