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- f'RO~'IUF.11. :1l.wAYS. that ihe \1urt~a~or shall pa~ unto the \k~n~a`ne thr :ndebteJne.~ rviJ~n~rd b~ a
~rr~ain ptomi~+uty nute ~?f wh~cA lhc fallow~n~ ~n worJs and fi~ures i~ a ttut copy to-w~~
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s_7.825.Q0_. _ _ F~~Y.ierce. Hi~?~;,~,~ _ December 30,- t'? 16 a
FI?1t ~'•~I.1'F: IiF:I:F:111•:I) W~~ jointly and severallY: pru~n~-r 1u j~aj• -
~i~~• ~~t ED~WARD BRO~WN and CAROLE BROWN, his ~ wife. n/ 00 ~
~hr prn~~~~pal ~~i~~~ ~~6EVEN. THOUSAND _EIGHT HUNDRED TWENTI-FIVE aRdl~~?~I.~~t~. t~~~;rt1~~•r ..ilh inlrn•~t
tlirrrun (n?~n Jalr at U~r ralr u( lrn prn~~nl. ~~r~ annum w~lil tnalunh'. I?utl~ ~~nn~•i~~al du~I iul~•rc.t IN~iuK p•r~abl~• iu lawful mum•~ uf
Ihr l'rutrd ~talr~ at '_''~~•1 li~-~•a~n~• {thJ .~lianu, flurida, ur at ~u~•h ulhrr ~?lare a~ thr hulde~~ h~•n•u( may Jr.~~nrtr in wnUnK.
, I'rim•~pal anJ ~nt~rr.t pa~ablr in ~n,talloi~•nl• a.. (ulluw,: ,
ONE HUNDRED SEVEN'I'Y-FIVE ($175.00) 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. .
This notemay be prrpaid in Kh~•le or in part after unr yeat (rom the datt heceuf upon pa~•ment of a penalty eyu~~~alrnt
t~~ riRl~t ~~rrrrnl ~~1 Ihr pnu~•~p:~l ~~nu ~~n•~~.~id
f:rrh in~tallmm~t pa~ mrnt ~hall IN• ~-n•d~t~•d f~M ~~n IIIP III~ffP>( IJUr. anJ Ihr rrma~nd~r un pnnr~pal: and iuterr.t ~hal) thrn•-
u~~un ~•raw• upun thr ~~nm•ipal ~u ~•nvlit~•d.
7lir mak~n and ~•ndurrr lhi. n~~t~• furth~•r a~~~•~~ t~. Ma~v~~ d~•iuan~l. n~?U~~~• uf nun•~~J~tllr111 Jt11I ~~fUl~••l. and in Ihr ~•~rnt ~uit ~
-hall hr 6rou~ht fur lhr ~•ullr~•tiun lu•rr~?f. ~ir thr :.anu• ha~ tu br rotlrMrd upon demand u( an auuror~•. tu pa~ rra•unaLlr atturn~v~~ ;
1.•~•> I~~r rnakinR ~urh ~•uU~•~•t~un
~ I lr(~rrrd pa~ mrnt~ hrr~•undrr •hall hrar inl~•n•.l al th~• rat~• uf t~n p~~r~•rnt prr annum frum ~naturih• unl~l pa~J. ~
~ 'fhi• n~~tr i~ •v~~ur~J b~ a murt~aK~ ~~f nro dat~ I~rr~witl~ and is to he ~unstn~rd and ~n~~~n•ed a~•~•urdin~ to U~r (a~v!. ~~f th~ _
~1a1~• ~f Flurida: upnn d~fault in th~ pa~•m~nt of prin~•ipal an~l'~~r inter~.t wh~n dur, th~ w•hul~ wm ~~f p~in~•i~~al and inl~r~~t
'~ma~ninK unpe~d ~hall. al th~ o~?liun n( th~ hulden. Iwrnm~ imm~diat~ly du ''~nd p.~al?Ir~
.
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~ -~G~c-~-f~ rn = ~ - . _ _ _ 1~E:11.)
PrrFur~d h~ `prlrr.\ l~ndn~h. 111urn~~~ _2111 H~xa~nt lilvd. ~tum~.~fl~x~da
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'i ~r,.! .h:~ll petG?rm, cumpl~ w~th and ab~dr by each and e~er> the supulsuon~, agrerments, cond~uons and cu~•e-
nant~ ~~f ~aid pnxmssory nut~ and of this decd, then this deed and the estatr thereby created shall cease and bc
I~ null and ~~o~J.
1. The M~rtgago~ hereby cu~•enants and agrees•
I ~~1 To paY +nd ~~n~ular the prmc~Fal and ~ntcresa and u~her sumc of money payable by vu~ue ot said prem~sswy no~e .nd th~.
il .
d~ed, w c~thet, promptly .x~ tht daYs respcc~ncl~ the .ame +e~crally Ac~~unes due.
~~I Tu perm~t. ~~xrrmt w su((ec no ~vaste a~d ~o ma~n~~~n ~he ~mpruvcments at all umcs ~n a sta~e ot sood repau and cund~uun, ~no to
du ~K ~rmu ~o ~e done ~o sa~d ~em~ses nolh~n~ tha~ +~II alter or cAan~e the use s:~ ch~acter of sa~d property or m any W ay ~mpau ur
I +eaken the st.unty ot th~s partsa~e. And m case o( the refutial, ne6lect or ~nabJ~ty of tAe Mort~aaor to repau aed mi~mam aa?d proper-
ty, the ~{orl~aRct mav, at h~s opt~on, mskt sucA repaits a c au~c the same to be made, and ~dvance monrys ~n that behal(.
pay a11 and ~~njular tAe uaec. sssessments, Itv~e~. I~aD~l~hes, and obG~~hons o[ every nsture on sa~d descnbed property ea~h
~ Icl To
' a:+d every +hen due snd payable acc~xdm~ to IaM, before they become deGnQuent, and to del~ver to the Mortsatee on or be(rr.c \1ucA
IS~h ot eath ye~r t~s rece~pt. e?idencmE the payment ..1 a11 la+futly impos~d qaes tor the preced~o6 calendar year, to indemn~f, ~bc
j ~twtsa{ee upon h~a Jemand fa •11 tases, a.xs.ments anJ cha~~es that msy be assesscd upon th~s mort6a~e on the mdebiednes+
i .ur~d hereb~, and pa~d by ihe mat~a~ee, r~thout re~ard to any lar Aeretufat enactrd ~w Aetea(te~ to ~e enacted ~mpos~ns ~aYmrnt v:
f the .hole w any ~sre thereol upon ~he ~MrtRasee.
i
{ (dl To pay all ?nd ~.n~ul~r the aosts. char~ts and eipensea, ~ncludin` lawyers' (ee+ and abstract costs ~es~onaAly mcuned ~~r pa~d et
~ eny umr !+Y ~hc \1wt~aRee trrc~u.e .it the (a~lure an ~he par~ o( thc l/ort~a{or to pc~torm. cumply ~•~th and ab~de by each and rvery tAr
~ .t~putal~~s, •Rteemtmc, cond~t~on~ rnd co~enants of aa~d promicsay note and th~s deed, or e~ther, and e~ety ~uch payment ch~Il ne~.
j intcerct 6um Jau ~Ae u~e of t~n I IU°.) per ~entum per annum. .
Iri It ~a tue~Aer covenanted and a~reed by sa~d part~es ~ha~ ~n the event ot a.u~t beinr ~nsutu~ed to (aeclose tA„ mor~~aac, the St•x~-
~ Ea~ee chill Ae en~~~led ~o spply at any ume pendins wch (we•loswe w~t to the court havm~ lur~sd~ct~an therco( t« the appn~ntmenr
~ ~~t a rectwer uf all and ainaular the me~r~sa~ed property, and o( al1 rents, ~ncomes, pro(its, ~ssues and revenues thereof, from rhat~oe.cr
~ .~wrie denrcd, and tAereupon ~t ~c Aercby eRMtssly co~en~ntcd and a~reed tt~at the Caurt ~hall forthWith sppo~n~ xuch rece~1er ~~eA
` thc u.wl poWrrc and duue+ o( rece~.er, m I~ke use., and sa~d appo~nemem ~h~ll be made by the court as a matter o! .~n.t n~M
~ ~hr ~1~x~~a~ce, and ruhuut rete~encr t~. the sdeqw~) ur madeywcy of tAe vaiue o( the property Aereby mort`aEed, or ~o ~Ac ~ol~en~y
; .~r ~n~olvency n( ihe Nort~asor~ cx any o~he~ par~y de(enJant to sush ~u~~. The !?~~~i~a~a heren~ spec~(~cally ra~ves the r~sht ro on~~i;
i ~u ~he appo~ntment o( s rect~~er a~ aloresa~d and hereby eapressly consentc lhat such appo~ntment shall bc made a~ an admittcd rqu~s.
j and a~ a msu~r of absolute n~ht to the Mort~a{ee and that tAe same may be dcx~e w~chout not~ce to the Mort~a~or.
i If fM.closure pruceedmp sAould be ~asUtWed s~a~nst tAe property cnverod by U~s mort~a~e upon any o~her ben or cla~m rhNhcr ~
•llc6ed te be supenM or ~unior to tAc hen of this matp~c, tAe Mortss~ee msy at h~. opuon immedutelY upon ~n~h~uuon ~uch ru~+
~K durm~ ~At pendency tAereof declare th~x mor~~a~e and the mde~tednrsc sec~red hereby due snd psyable t~Wthr~th •nd m.~
oDUOn proceed to (oteclose th~s mor~~a~e.
(~I Th~~ the ~lortss~or ~r~ll ktep aIl rtal and personsl property nor ot haeaftcr encumDeted by the lien uf th~s mor~ga~e m,wcJ a. sray
nc reQuued from Ume to t~me by the Mm~p~ee apmst loss by tue, ~~nd~turm and other hazards, caswfi~es and cru~t~nRenc~r~ t~~r .w!:
pcr~ods and ta not less tAan su~h amounts as may ~e reQuued Dy the Nott~a~ee and :o pay pranptly aAeo due a!I prem~um~ frx su~h
~nsuraace. The amounts of m~ur~nce requued Dy the Mort~asee sball be tht mm~mu!n amounts tor +A~ch sa~d mw~ance ~hall Ac rntten
~nd u~hall be mcumbrnt upon the Nort~as~u to ma~n~am such add~honal ~esurance as may be nece.sary to mut snd comply (ully ~.t~h
a!1 co-~nsursnce rcquirements contained m s~~d polic~e~ to tht end that tht ssid Nort~aEor nor a co-msuror thereunder.lnsuran~e
.hall be rnqen by ~ tompany at compan~es appro~ed a des<<nated by tAc M~xt~a~ee and all polic~es and rene~al~ tnerco( +hall Ae he1J
by tAe Mo+tpaec. Al) de4~led dec~~nahons by ~he Mort~a6or ~h~ch are acccpted trr ehe Mort~asee snd sll aattements betreen Mott~ator
and Mort~a~ee rel~nns to ~nsur~nce, no. ei~sun~ or herea(tcr made, shall be m a~ntm~ •nd shall De s part o( ~A~s mortp~e a~reement
as Iu11y tAoush sct f«th rerba~~m herein and ahal{ ~overn both parues hercto and tAeu successors an.1 ass~~ns. ko ben upon any u(
snd poS~cu~ o( msuunce or upae any refund a return prem~um +rh~cA maY be parable oe tAe cancellat~on n term~napon tAereof, .Aalf
b~ ~~ven to otMr ~Aan ~Ae Mort~a~ee. eRCept ~Y p~ope~ endorsement ~1(~aed to such pol~cy and approved by Mor~~a~ee. F~ch poli~> .~t
msunnce sha11 hare atf~aed ~Acreio s Sqndard New Yvrk Mor~~~~ee Cl~use +~thou~ Con~nDue~on, makm` all tosc.w lossc~ unJcr ~uch
D~~~~Y D~Y~~Ie to ~he Mortp~ee •s ~ts ~ntcre~t ~aaY appe~r. In :Ae evewt any sum ot sums ot monty beu~ne payable thereunler ~Ac ~lurs-
p~srt .Arll har~ ~he opt~on to rece~~. and apply the s~me on sccount ot ~hc ~ndebtedness Aereby se~ured, a to perm~t th~ ~torepwx•~~
tn rc~e~re and wt u. a anY Da~t therco(, +~~tAou1 thereb~• ~a~rmt ~x impau~ns an) e~u~ty. I~en, ot n~ht undor and Ar v~ttuc c~t tA:~
m~w~tast. In ev~M of lo~~ ~x phys~~al d~m~K~ !o tht mort6aR~d proptrt~ th~ l1r.rlKa(e~w aAall ~t~re ~mmedta~e nuUac !hrrcut A? ~r~t
~hr ~1artRa~~r ~n.1 tAc N~~rt~.KCr m~~' m~k~ p~n,.f ~rt i,... ~h. .amc a~ nut -~dc p~~.~nil~ n. th~ \1urlE~~d. In c~rm t~.rc~l~,•ure ~~t
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