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HomeMy WebLinkAbout0583 ~ . . ' ~t'•~~li!'f ~,.Z PROVIDED, ALWAYS. that ii the Mo~t~,sgor shaU pay unto the Mott~a~ee the i~ldeb~~d evidea ed by a a~tain promi:wry note ot which the fdlowing ia wads and fiaures is a true copy tawit: ~ ~ ~ S~+R25 _ O9 Fort Pierce _ Fiorida 1"~ y S. 19 ZA FOR VALUE RECEIVED I pcomise to p~y d~ ROBERT F. WEINER AND DONALD D. WEINER as oi ~u ~~R~ghts o u vors p. + the principal wm o[ T~ THOUSAND EIGHT HUNDRED TWENTY FIVE AND pOt,t,ARS, } Sugether wi~h interest thercun fr.?m date at the rate of ten percent, per annum unli! mawrity, both principal and interest beina I ~~ayable in iawful muney of the United State~ at 224d Biscayne Blvd., Miami, f~loritl~, or at ~uch other place as the hulders heteof may iie~ignate in writing. Principal and interest payable in installments u fulluws: SEVENTY ($70.00) 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. ~ . ~ This ade Aay be pnpaii iu whole or ia put st ~nr ti~oe ~Pow WY~t ot a pe~alty cqual to ei~t percent ot tl~e princi'al su~ pre~aii. . ~ F~eh imlatl~wewt paysait be «cdited Cwt ow 1i~e intereN dre. aw~ Me ranainder un priwcipil; awd Mlercat yhatl thereYpow ceue ~pw 1hr principal w erediltd. . ' - ~I~It IUiIIM M~I t1ldOfftR O~ ul~ ~OK ~N~I!!~ ~O K~YC ~ind. Q011Ct O~ ROfI-ply1Nr11I iMI ~OIMI, swd iw 1i~e ereat ~uit ~li M bm~t ! i I~K the c~lleetioa I~ertof. a the same has tu be cdketed upw~ dawaad of ae altwwer. to par reasonable attaweYb teea fo? sa4iw~ ~ eoYeeliqw. ~ [kkrred paysee4 hereunda ahall bear iataat at the a1c ot tea ~ereewt ~er awauw tmw~ matdritY unW p~id. ~ This nole i secuied by a mwip~c u[ even date hereMith awd is to be eaWn~ed aad enforced accordins to the laxs ot the Stste o( Elarids; upw ~ ilriault iu th~ parna~t d prinapal awd/or inte~est ri~en due, the xhok wuw ot principal snd istcreal rew?ainiw= uwMid ahall~ at tbe opliow o[ t4e , hddas, becaaeiroane~Jiatdy durand paiaWe. ~ - , • ~i ~ ~ ~ l1~' ~il ; ~ ~>•~~~i.4~~. c:~ (SEALj - ~ ~ I (SEAL) i ; Pee~ared b~ Sta.Je~ H. Spieta. Attaaey- Z2d0 H~i+cayoe i31vd.. Mia~i Flarida ~1 . aad shaq perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. 1. The Mortgagor hereby covenants and agrees: (a) To pay all and sin6ular the principsl and interest and other sums of money payable by vinure of said promissory note and this deed, or either, promptly on the days respectively the same uvenUy becomes due. ~ (b) To permit, commit or sufter no wsste aad to maintain the improvements at all times in a state of good repair and conditan, and to do or permit to be done to said ptemises nothina that will alter or change the use and chuader of said property or in any waY impair w w•eaken the security of Ihis rtort6a6e. And in case ot the tefusal, ncslect or inability of tKe Mortga6or to tepair and maintsin said property, I'f . thr Mortgagee may,al his option, make wch repain or caust the same to be made, and advance moneys in that behalL ~ (c) To pay all snd sin`ulu the tazes, assessmrnls, leries, liabilities, snd obli6ations of every mture on said described ptoperty each and ~ every when due and payabk sccordins to Im, before they become delpuent, and to delirer to the Mort~ee on or before INarch 1 Sth of r each ycar ax receipts evidencing the paymrnt oL all lawfully imposed ts:es for the precedi~g talendar yeu;to indemnify t6e Mottpaee ~ upori his demand for aU taxes, assessmeats and charses that msy be ~sseixd upon this mortasEt on ihe indebted"nas secured heteby, and ; paid by the watt6agte, witAoui reprd to s~y law de~etofore enacted or herntter to ba enacted imposir~ paymeal otthe whole or any ~ part thereot upon the Mortga6ee. - ~ (d) To pay all and singular the costs, char6es and expenses, including lawyers' fees and abstract rnsts reasonably incurred or paid at any time by the I?toAgaEee because ot the failure on the patl ot the Morf6a6or to perform, comply with and abide by each and evety the stipulations, a`reemrnts, conditions and corenants of said ptomissoty note and thit deed, or either, and every such payment shall beu interest trom date at the rate of ten ( tO~o) per centum per annum_ (e) It is furthet conremnted and ageed by.said parties that in the event of a suit beina instituted to foreclose this mortaaae, the Mort- p6ee shall be entitled to apply at any Iime pending wch foreclosure suit to tAe rnurt having jurisdidion thereof for the sppointment of a receirer ot all and sit~ular the mortgaaed property, and ot all rents, incomes, profits, issues and revenues thcreof, from whatsoevet source derired: snd thereupon it is hereby e:pressly oonrenanted and sateed that the Coutt shall forthwith appoint wch receirer with the uswl pow•ets and dulies of receivers in like cases; and caid appointment shaU be made by the oourt as a mattet ot strict ri6ht to the MoR- pgee, and without refercnce to the adequacy or inadeqwcy of the value of the propetty hereby mort6ased, or to Ihe solvency ot insol- vency of the MortgaEon or sny othrt puty detendant to such wit. The Mortgs6or hereby specificallr waives the ri`ht to object to the appointmertt of a receivet as aforesaid and hereby eaptessly consents thst wch appointment shall be made as an admitted equity and as a matter ot absolute ri`ht to the Mort`aaee and thst the same may bc done without notice to the Mortgagor. (n If foreclosure proccedings should be instituted asainst the propetiy rnvered by this mori6age upon any other lien or claim whelher alleged to be supcrior or junior to the lien of Ihis mortgage, the Mortga6ee may at hisoption immediately upon institution of such suit or durin6 the pendency thereof declare this mortgage and the indebtednas secured hereby due and payabk forthwith and msy st its option proceed to forccbx this mort6aga . ~ (S) That the Mortga6or will keep all real and personal property now or hereaftet encumbered by the lien ot this.mortgaae insured u may ~ be reyuired frvm time to time by the Atortsagce against bss of fire, windstorm and other hazards, caswitia and mntingentties for such perads and for not less than wch amounts as may be requ'ved by the Mortgagce and to pay ptomptly when due sll premiums fot such insurapce_ The amounts of insurance required by the Mortga6ee shall Ae the minimum smounts tor which said insurance shall be written and it shafl be incumbenl upon Ihe Mortpsor to maintain such additiorul insurance as may be Mcessary to meet and comply fully with all co-insunnce requirements oontained in said policies to the end that the said Mortsa6or is not a m-insuror thereunder. Inwrsnce shaU be ~ writlen by a mmpany or mmpaniesapprored or designated by the Mortgagee and all policies and renewals thereof shall be held by the ~ 'Mort6agea All detaikd designations by Ihe I~tortsa6or which are accepted by the Mortga6ee and all aareements between Mott6a~ot and ~ Mort`a6ee rclating to insuranct, now existins or hereafter made, sball be in writi~ and shall be a part of this mort6s6e a6reement u fully as Ihou6h xt forth rerbatim herein and shall gurern both parties hereto and their succrsson and assigns. No lien upon'aay of said policies of insurance or upon any refund or return premium which may be payable on the cancellation or tetmination theteof, shsll be aiven to other than the Monga6ee, e:cept by proper endorsement affixed to wch policy and approved by Mort6asce. Each polity of insutance shall have affi:ed thereto a Standard Ntvv York Mortgaaee Clause vrithout Contribution, makin6 all bss or bsses under such policy payable to the Mort6a6ee as its interest may appcar. In the event any sum or sums of money become payable thercundet lhe Mortp~ee ~ shall hare the option lo receire and apply ihe same on account ot the indebtedness here4y s~ctKed, or to petmit the MoR6a6or to re- ' ceive and use it, or any part thereof, v~ithout thereby waivire6 or impairi~ any equit~: I~i or ri6hi under aod by virtue of this mott- ga`e. In event of bss or physical damage to the mortsa6ed prvperty the Mortaaglr~sha~l 6ive immediate notice thereot by mail to ihe Mort`a6ee and the Mortgasee may m:ke probf of loss if the same is not made promptly by the Mort6sEor. In erent of torecb~ure of t , eo~C 287 PACE 580 ~ y u + R ~Kc r~i ~y~ ~ . ~ . . _ _ _ - r~'~"~ ~~5^"'- 7rr..~*..° s"°'r~. . ~ ~..ax _ _ - ~~'t~ : . . .