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HomeMy WebLinkAbout0307 ' ` ~ ~ v~L. . - PROVID~D. ALWAYS, that ii the Mort~or shaU pay uato the Mort~s~ce the iadebtedness evidenced by a a~tain pmmissory aote ot whkh tha idlowiag ia wo~ snd ti=ura is a true copy to-wit: e.~~" ~~~1 ~O~d . ' ~ 2, 725 .00 Fort Pisrc• ~ Apr il 28 78 ~ ~ rro~t v~we te~cstvc~a iiE , i o int ~od ~ev~esa l l~ Mo.iw »~r to dr o~t a~ ._,.._r...,..... v ~ ~ ~ ~ ` ~ i~t ~M ~I~It I~M~M Ir~ ib N Wt IaM ~t 1111 jw~0~t, /er ~n w~N ~I¦~ifsl~ ~N~ ~Ii~liN1 ~i MIlIMt rtl~ Y i~~i ~o~y? ~t dr Ud1~i StMN N Z1M ~Ya~?s~ MM/.. Mirni, Flaii. er ~t w~i etY~ ~tsoe a~ tM Iwide~s Mhot w~,y~,~e~r.~. n~.~4.~..~ ~ re?~w. r~r s. to~.: _ . SIx'PY {$60.0~) DULLARS p~r month beginning on the 15th day of July. 1978, and continuing on the lSth day of each and every ~aon[ thereaftsr until paid in full. 'il~k aae ~..y b. ~,ia ~,.a~ a ~.c ..r wr~t o[ ~ lenaltp e.~ual to ei~t ~eroewt o[ ~e pi~elpl wiw ~rep~i~. Ead i~subwt ra~aN iaM bc aedited tint oa d~e iwteresl is, a~i d~e oar~iwder ow ~i~cipl; ~ i~1MeM i~ll d~a~ow oe~re ~ow thc ~Meipal w c~itd. ' 7Le oaken asd ewdoesses ot tks wote fard~er apde to ~raire deaasr. ~otk.~e ot noa-pnwewt a~i ~otat, ~ i~ t~e eMewt w~it ~IW! ~e 6r~~t tor 1be cotlaetba bereot~ ar tbe aawe Iw to be edleeled ~pos dema~d of aw attorwe7. to pal reawn~bk attorner"~ teas tor wki~ wer coiteetioN. Uet~! piqasrats liczea~cs 8ea!! bas iolars! st s6~ a!e ot t~a pere~a! pa sas~um from ss~stsecit~ aali! ps~d. I Thi~ aote is aeu~ed 6Y a mortp=e oi eren date berewith aad is to bc coast~ued aad eafw~oed sooo~dis~ to We laws ot t!k St~tc ot Flaids; ~'ow detadt in the ps7neest o[ principal andlor intuest wl~en due. the Nhde wus o[ prineipal awd 'utenst reMaiwi~ rwpid iidl, at 1be aptaa ot p~e , , I hdden. e~a.~ ~~.~dr a~~ ~a p,r~w~. ; s f ~~~I/~if.~' ~~Ti.. ~ (SEAL) ' ' 71 7 ~~~~~'~u ~ ~Z~J/~.L.~.u ~ (SEAL) he~a~ed by StanleY H. Spicla. Atturnes- 2240 f~iseaYne Rlvd., bliami Rarida and shall perfonn, comply with and abide by e:ch and ewery the stipulations, agreements, rnnd'it'ans and oov~euants of s~d promiaory note and of this deed. thea this deed and the estate thereby created shall cease and be null and void. 1. The Mortgagor hereby rnvenants and agrees: (a) To pay all and sin~ular the principal and inierat and other sums of monzy payable by virture oi said promissory aote and this deed, or either, promptly on the days respectively the same xverally becomes due. _ (b) To permit, commit or wfter no waste anJ to maintain the improrements at all times in a uate oi 6ood repair anJ conditan, and to do ~ or permit to be done co said premises nothins thst will alter or chan`e the use and chuacter of said propMy or in any way impair or weaken the security of this morlgase_ And in case of the refusal, neglect or inability of the Mortsa6or to repair and maintain said ptoperty, I the MortgaEee may, st his option, m~ke such repain ol cause the same to be msde, and advsnce moneqs in that behalt. j (c) To psy all and sin6ulu the taxes, assesvnents, levies, Iisbilitics, and oblisatans of every nature on said described property each and ~ rvery wheo d~ and psyable acco[di~ to law, beto[e they becomr deliyuent, and to deliver to lhe Mortga6te on or betore Much 1 Sth of ~ eacA year tax receipts evidencin~ the psymeret of all lawfuUy Imposed taxa for the preceding cakndar yeu; to indemnify the Mortsagee ~ upon his demand tor aU taxes, assessments and chuges thst may be ssseised upon ~his mortta`e on the indebtedness xcured hereby, and ` paid by lht mott6a6ee, without re6ar4 to any law heretofore enacted or hereatter to be enacted imposin6 payment of the whole or any ~ pan thereof upon the Mortga`ee. (d) To pay aU and sinaular the msts, cAar6es snd expenses, including lawyen' tees and abstract costs reasonsbly incurred or pafd at any ~ time by the Moriga6te beause of the failute on the part of the Mortsagor to perform, oomply with and sbide by.each and every the stiputations, a6teements, conditions and rnrensnts of said promissory note and ihis deal, or either, and every such payment shall beu intercst from date at the rate of tep (IO~Xr) per centum per annum. (e) It is further mnvenanted and agrced by said patties that in the event of a suit bein~ instituled to turedox this mortaate, the Mort- pace shsll be entitled to apply at any time pending wch foreclosure wit to the mutt having jurisdiction lhereof tor the appointment of a receiver of alI and sin6ulsr the mort6aaed property, and of all rents, inrnmes, profts, issua and revenua thaeof, from whstsoever source demed; and theteupon it is hereby expressly con~ronanted and asteed that the Coutt shsll forthwith appoint such receiver with the usual powers and duties of receivers in like cases; and said appointment shall be made by the oourt u a matter of s1riM tight to the Mort- 6~6re• ~nd without reference to tht sdequacy or inadequacy of the value of the properly hereby mort6aaed, or to the solvency or insol- rency of the MortgaEors or sny other party defendant to such suit. The Mortsagor hereby specifically vraives the ri6ht to object to the appointment of s receivet ss aforesaid and hercby expreuly consents that sueh appointment shsll be made as an admitted equity and as a ~ matter of absolute rghl W t6e Mortga`ce and that the same may be done without notice to the Mortgaaor. ~ If toreclosure proceedings should be instituted a6ainst the property covered by this mortEa6e upon any other lien or claim whether ~ alleged to be superior or junior to the lien of this mortaaee, the Mort6a6ee may at his option immediately upon institution ot such suit ot , durina the pendency thereot dcclue this mortgage snd the indebtedness sccured hereby'due and payable fotthwith and may at its option ~ ~ proceed to forccbse this mortaa6a ~ (a) That the Mortsaaor witl kxp all real and persona! property novv or hereaRet encumbered by the lien ot this mortga`e insuted u may ~ be required from time to time by the MortgsEce against bss of fire, windstorm and other hazards, casualtia and contin6encies (or such ~ periods and for not Icss than wch amounts as may be required by the Mort~saee and to pay ptomptly when due all premiums for such ~ insurance. the amounts of inwrance requ'ved by the Mort~ee shall br t6t minimum amounts tor which said insurance shall be written ~ and it shall be incumbent upon the Mortgasor to maintain such additional insurance u may be neceswy to meet and comply tully with sll v co-insurance requirements mntained in said policies to the end thal the said MortEasor is iwt a co-insuror thereunder. Insur~ace sha0 be ~ written by a compaAy or oompanies approved or desianated by the Mort~agee and all policits and renewah thaeof stwil be held by the MortEatee. All detaikd designations by the F1oAgagor which are accepted~by Ihe Mortgasee and all ~reements between Mortpsor artd ~ Mort6aEee relatin6 to insurance, now ezistina or heresfter made, shall t~e in writir~ and shall be a part of this mort~e s~reement u tully ~ u though set forth vcrbatim herein and sha0 6overn both parties hereto and their successurs and assigns. No Iieo upon any of mid policies ~ of insurance or Ypoqioy~r~t~w~ w return premium which may be payabk on the cancellation ot termination lhaeot, shall btsiven to ~ otha than the Mdrt~e~, eYC~pt by proper endorsement affiaed to wch policy and approred by MortpEte. Each policy of insurance . sha0 hsve affixed thtreto a Standard New York Mortga`ee Clause withoul Contributic~n, making all bss or bsses under such policy . paYable to the btortga6ee as its interest may appear. In the event any wm or sums ot money beoome payable theteundet the Mort`a~ce i ~ shall have tAe option to receive and apply the same on account ot the indebledness hereby secured, or to permit the Mortfasor to re- j ~ cei~e and use it, or any part thereot, wtithout thereby wsivins or impairinE any eyuity, lien, or risht under snd by v'vtue of this mort- ~ `ase. In erent of bu o~ physical damage to the mnrtga6ed propaty the Mortgagor shsll gire immediste notice thereof by m~il to the ~ ~ Mort6a6ee and 1he Mortga6ee may make prooi of loss if the same is not made prumptly by the Mort~or. !n event ot (orecbsure ot j E ~ • ' ~ ~ ~ ; ;s - = - _ _ ~ ~ z y ~ ~ ~ ~~~'~~~R~ i ~c~,~~+~~ e ~~.M_.~