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Home My WebLink About0573 ~ .;t' ~ - . , PROVIDED. ALWAYS, that if the Mort~o~ shall pay unto the Mort~s~ee the indebtednas evidenced by a cert~in pwaa~sory note of which the followin~ in worda aad tigura ~ a true cw?v tawit: ~ ~ .~a~~~?a~?e ..~'a~p . S 9, 075 . 40 ~ Fort Pierce F~a;~, MaY Ss ~9 _ 7~ ' ~ ~ ; ~ FOR VALUE RECEIVED ~ pcomi~e to pay to t!x ordtr oi IRVING ~DELMAN_ and ROSE DEI.MAN ~ his ~i fe _ the pri~ipd wm o~ NINE THOUSAND SEVENTY FIVE AND -----------------NO 100 pp~~~~ together with interest ther~wn from date at the nte of ten percent. per annum until nuturity~ botb priacipal and ia~eKSt beint pay~able in lawtul money of the United States at 2244 Biscayne Blvd, Mismi. Florida. or at wch other pi~oe ss the hddea hereot ~ inay drsignsle in writina. Priacipal and intercst payabk in insuWnents u totlows: . . i ~ TWO HUNDRED ($200.00) DOLLARS ~ per month beginning on the 15th day of July, 1978, and continuing on the 15th day of each and every month thereafter until paid in full. ~ t~ This note aNr be Prspaid in w6o~le or in part al ~r tNSe YPow PaY~weet o[ a pewaltY eqral to ei~t ~eroe~t ot tlw ~~ieiMl ww NepaH. ~ ~ E'ach iaet~d~wt par~at ~haY re crediUd Cwst oe the iatered dre. awd d~e rewainder ow pri~ciMl; awi idare~t iaN tlwwyan teue up~ , the p~iwcipai w cn~ted. " The ~naren a~d eaduhe~s of t~is aole furdKr s~ree to waire daasad, nolke o[ no~-pa~a~cwt a~i ~otest, awd M d~e erewt wit ~all re bro~1 i~x 1he eaile+cliao hPreo~. or tbe s~ne has tu be euUeeted upon demand ~?t ~n attwaey, to par reaww~ble attarwe~'~ feas [or ~al~ ~uch coNeetioa. ~ 4fer.ed psrmew~s hueunda ,baY bear ~ie.a~ a~ we n~e ot ~ea paree~ p« annus trow~ ~aturity ~AW Nid. I T1~is aute i~ Krurcd by a vortp~e oi evee dite here..•i16 aad- ir to be eonstc~ed aod ento~eed arceedin~ to Ue law~s ot tbe SIa1e o( Flori~s; rpo~ ~ ~irfadt ia ~he ~yinmt ot prineipal and/or iaterat wfien drr. ~be whde arm ot principai~and i~tefcst reaaiwiw~ rap~id ahall, at d~e option ot tbe i' hdde~s, bra~n~immrd'uldy dueand ps~aWe. ~ ~ , l/, i - s,~_-~, f v. l~c'Lc. tJ (SEAL) ~ ~ . - ~ ~ ~ ~ (SEAL) ~ ~ P~r*aeer b~• ~~anley H. Spirler. Attornep- 22~0 fiiscsyne 1!(vd., ~tiami Flarida i t ~ and shall pedorm~ comply with-~nd abide by each and every the stipulations, agreements; rnnditans and rnvenants of . ; said pmmistory note and of th~ deed, t6en this deed and the estate thercby created shall cease and be null and void. } ~ ; I. The Mort$agor hereby rnvenants and agtres: (sj To pay aN aqd sin6ular the principal srnt interesl and other sums of money paysAle by virture oi said promissory note and this d~ed, o~ either, promptly on tde days respectively the same severally becomes due_ (b) To permit, rnmmit or wffet nu waste and to maintain the improvements at all times in a state of good repair and condition, and to do or permit to be dune to said premixs nothinE that N7II altet or change the use and chanMer of said propMy or in any way impair ot weaken the security ot tAis mort~ase_ And iri case of the refusal, nealect or inability of the Mortpgor to rcpa'v and maintain said property, • the Mort6aaee may, at ha optan, make such repairs or caux the same to be made, and advance moneys in that behalf. (c) To pay all and sinaular th! tafes, assessmrnts, levies, tiabilitles, and otrliaations of every mture ~on said described propMy pch and every v?~hen due aod psyable accordin~ to law, before they become detiquent, and to detiret to the Mortja6ee on or befote Msrch 1 Sth of each ycar tax receepEs rridencing th~ paymrnt of all Iswfully imposed tases tor the precedin6 calendu yeat; to indemnify tAe Mortsagee upon his demand tor aU haes, assessmeMs and char`es that may be asseised upon this mort6a6e on ihe indebtedness aecured hcreby, and _ i paid by the mort`aaee, without reeard to any lavv heretofore enacted or heresfter to be enaeted imposing po~meni of tde whole or any part thereof upon the Mortaagee. (d) To pay al! and sia;ufar tbe msts, clur~tes and expenses. including lawyen' fees and abst~att msts ressooably incurred ot paid at any time by the blortga6ee because of the failure on the psrt of the Mortgsgor to perfotm, comply with and abide by each and every the stipulatans, asreements, mnditans and covenants of said promissory note and this deed, or tither, and every such payment shall beu interest from date at the rate of tet~ (lO~Xe) per centum per annum. ' + (e) It is turther co~rvenanted and sgreed by said parties that in the event of a suit beinz instituted to foreclose thit mort6ase, the Mort- ~ gagee shall be eniitled to apply at any time peodina such foreclosure wit to the mutt havins jutisdiMio~ thereof for the appointment of a receiver ot ~all and sinaulsr the mort6ased property, and ot all rents, inmme~, proTets, issua and revenues tbereof, from whatsoerer source derived: and thereupon it is hereby expressly conrenanted and agrted that the Coutt shall forthwith appoint such receiver with the usual powers and duties of receivers in like caxs; and said appointme~t shall be made by the court as a matter of strict ri6ht to lhe Mort• ~ gaEee, and w•ithuut refaence to tix sdequacy or inadequacy of the rslue of the propetty hereby mortgased, or to the solrency ot insol- rency of the Mortgagon or any other patty detendant to such wit. The Mortgagor heteby specifically waives the ri6ht to object to the appointment of a receirer u aforesaid and hercby expressly consents that such appointmeot shall be made as an admitted equity and as a matter of absotute right to the Mortgsgee and that the same may be do~e withont riotice to the Mortaaaor. (n It foreclosure proccedinRs should be instituted against the property coveted by this mortaage upon any other lien or claim whether alle6ed to Ar superior or junior to the lien of this muttgage, the Mortgagee may at his option immediately upon institution ot such suit or durins the peodency thereof declue this mortgage and the indebtedness secured hereby due and payable forthwith and msy at its option proceed to forccbu tAis mortga6e. (a) Ttut the Mort6aEor wilt keep ali real and personal property now ot hneafter encumbered by the lien of this mortgaje inwred as may be required from timc to time by the Mortgagee against bss of fire, windstorm as~d other hazards> casualties aed contingencies fot such periods and tor oot less th~n wch amounts as may be required by the Mortgaget and to pay promptly when due alt premiums fot such insurance. The amounts of insunoce required by the Mort6asee shall br !6e minimum amounts for which ssid insurs~cr shatl be written and it shall be incumbent uQon Ihe Mortga6or to maintain such additional insunnee as may be necessary to meet and comply tully with all co-insunnce requuements contained in said policia to the end tdat the said Mort~agor is not a rn-insuror thereunder. Inwrance shalf be written by a company or rnmpanies appro~rd or designaled by the Mortaaaee ~nd all palicies and renewals thereot shsll be held br the Mortaa6ee. All dehikd desi`nalions by thc Mortgagor which are accepted by the Mottgasee and all agreements betwecn Mortgs6ot and Mortga;ee retati~ to insunnce, now existing or hereafter mx1e, shall be in_writin6 and shaU be a part of this mort6a6e asreement ss fuNy as tho~h set forth vorbatim herein aod shall gorern both parties hereto and their successon and auigns_ No lien upon any of said policia of insunnce or upon any ~efund ot teturn premium which may be payable on the cancellation or terminatan thueof, shsll be `iven to otha than the Mon6agee, except by proper endorsement affixed to such policy and approved by Mort6a6ee. E~ch policy of itesurante sha6 have af(xed thcreto a Standard New•~York Mortgasee Clause without Contribution, makin6 all bu or bstes under such policy payable ti~ the Moctsagee as its interrst may sppear. In the erent any wm or sums Qf:tqoney p~qie payable thereunder the Mort6a`ee ~ shall have the option to receive and apply the same on account of the indebtedness here6j~'sec ed, or to permit the Mort6s~w !o rr ~ ceire and use it, or any part thereof, w•ithout tttereby waiving or impairing any equity, lien, or riaht under'and by rittue of this mort- pge, ln erent of bss or physical Jamage to the mortgaEed propcrty' 1he Mort6a6or shalt aive immediate notice thereof by mail to the 111ortsa6ee and the Mod6a6ee may make proo( of loss if the same is not maJe promptiy by the Mortsssot. In erent of to?ecbsure of . ~ ~ PAGE 5 ~ ~ .~~;r:q . - - - ~ ~ . . ~3 ~ . ; ~ ~ ~ F :