The URL can be used to link to this page

Home My WebLink About0069 PROVlDEp~ ALWAYS. thst if the Mortgagor shall pay unto the Mortgs~ee the indebte~dness evideaa~? ~ cataia p~omirsury nWe of which the follow~ng ia words and tigures is a true copy tawit: ; .~K~»lga~ ~Aolp . i 3,825.00 Fort Pierce Fia;d, Mey 19, 19 78 s . , _ . fOR VALUE RECEIVED WE~ i~ ntlv and severallX prwnise to psy ' EDWARD KOLBER ~ t tu Ihe orcler o[ . ~I~e oru~cipal sum ot~HRFF THQ.US~ND EIGHT H[INDBED TWENTY FIj~, ------NU/100 ppi,~~, s ; - • ='e -.,.a;.. ' togcther with II1~t1~CS< <~1l:~t011 ff0111 d.1le a1 l~lt W[C 01 (tb (iMCl111. tuuiuu~ u~iau ~~~ws.... ^pZ~2..~'sr~! tttd ~rttcr~st 4x+ng p~~•able in law[al ma~xy ot the United States at 2244 Bicrsyne 81vd.. Miami, Florida~ o~ at wch other plsce as the hdders he~eof •s ~+•n~ P~incioa! and intetrs! pa~ablc in instsllrl~entt as ~ulluNS: ~ i ni:iy i~c~~i.i.~ . ~...i..e. EIGHTY ($80.00) DOLLARS per month beginning on.the 15th day of , ~j July, 1978, and contin~~ing on the 15th day of each and every ~i month thereafter until paid in full. . Thi: nute auI be Prepaal in Mhule ur in parl at anJ titae upon pa~ment of a penalry equal to ei~1 petcent ot lhc principal wm prr~aid. ~ Each inclalimenl paymer~t shall be trodited C~nt un the inltrest due. snd ihe nmaindrr on prinei~d; sad intcrat ihall Ihawpon cease upiw~ , ~ Ihr pri+~: ipal +o crtditcd. " 'Ihr wli~.M aMI tAtlunrn o[ lhic natr further ape+c to wai~e dtnued, notite ui nun-paymeel and proteal, snd in tl~e erenl suit ihsll be btou~ht . ~ I~~r Ihr ~dlerlion hereuf, or lhr same ha. 1u be cditeled upu~ Jenund of an sllucuey, tu pay nawnaWe attoraey'a (eee !~x maW~~ wch edleeti~a. . Ikierred pa~ ments t~errunder shall Ixar it+terest at the nt~ of !rn prrr~nl per an»um frum maturily until paid. thia nutt 't~ se~cund b) a mixlp~e ot e~en dalc her~w~th and 'w lo be eoasttued and rnforrtJ aceunlin~ lo lhe Iaws of lhe Gate of Florida; ypun drlaull in Ihe t+a)taent o( pnncipa) atKl;~u intarat when due, Ih~ wfide ~um of prin~ipal and ~nlerr+ct nmsinin~ w~paid d~ail, al the uption.uf the I~~aJet~. ber.xne immevlisl rJue ~nd p~~~~. ~,~,~,.r~ Wi,~nes ~ a ~tc~~her~aark: ~1~~~ l..v (SEAL 1 ~ ` , , _ ~ ? . L; ~:t t • ~ Her ( k ) Mark (SE~~) ~ . P«P r r~. A«,i••~P~-'-= t~~r~.~r tu.a.. ~tiaoa~ Fl~~a, ROSA MAE C~RY . an4 sdau pedorm, caapl~c~ ana aD~~e by eacb and ev~ery the stipulations, agreements, conditioas and oovenauts of said promisory note ~d of this deed, then thic deed and ihe estate thercby crested shall cease and be aull and void. ~ 1. The ~ia~igagc?r herehy covenants and agrees: (a) To paY all and singular thr principal a~x1 interrst and othrr sums uf muncy payable by virturr of said promissory note ami Ihis deed, or rither, prompUy un thr days raprctivrly the same sevenlly becomrs due. (b) To permit, mm~nit or wffer ro waste arnf to maintain thc improvements at all times io a state uf guod repau and condition, and to do or permit to be done to said ptemises nothins that will altet or change the use a~d character of said ptoperty or in any way impair or Neakrn the security of this mort6a6e. And i~ case of the retusal, ne6tect or inability of the Mortgagor to rspair and maintain said propetty, ~Ae i?lortgagee may, at his uptiuri~ ~I17RC 1V11`~ ~C~N~ii Vi ~sus` :::e :ane ta ~c ~:a~-`, 2~ 3',~Y3Rft R!4^!YS !t1 t~!3t ~±SIl3I~_ (c) To pay a0 and singular Ihe ta:rs, assessments, levies, liabilities, snd _obligations of every nature on said described property each and evecy when due and payabk xcordir?6 !o law, be(vre they. become deliqaent, and to deliver to the Mortgagee on or before INarch 15th ot each year tax receipts evidenci~a ~he payMrnt of atl lawfully impused taxes for the precedina calendar year; to indemnify the Mortaaaee upon his demand for a0 taxcs, asxssments and charges tnat may be asseised upon this mortaa6e on the indebtedness ucured Aereby, and paid by the mortgagee, witAout re6ard to any law heretoforc en~cted or Aereafter to be enacted imposi~ paymenl of the whole or any part thereo! upon the 1?fortgagee. (d) To pay alI amf sin6ular the costs, charges and expenxs, includins.lawyen' fees and abst~act costs rtasonably inturred or paid at any timr Ay the ~lortgagee hecause of :he failure on the part of the Mortgagor to perform, comply with and abide by each and every the stipulstio~, asreements, cunditipns and covenants of said ptomissory note and this deed, or either, and every such payment shalt bnr interest from date at the nte of trp (10'~) per crntum per anoum. (e) It is further rnme~antnl and agrec~! by said parties that in the erent of a suit beins in:titutesi to foreclox this mortaaae, ihe Non- a~aCe shall b.e entitled to appl~• at any time pe~Jing wch foreclosure wit to the court havina jurisdiction thereuf for the appointmen! ot a receivei of all and singulu the mortga6ed property, a~d of all rents, incomes, profits, izsues and revenues Ihcreof, from whatsoever source derired: and thereupon it a hereby expressly con~enanted and agreed that the Court shall fortAwi~h appoint such receivet with tAe - usual poN~ers and dutirs uf ~eceirers in like cases; and said appointme~t shall.be made by the oouA u a matter bf sirict tight to ehe Mort- 6agee, and without reference to the ade.yuacy or inadequacy ot the value of tlie property hereby mortga6ed, or to the solvency or insot- vency of tAe Mortsagon or aey other pa?ty defendant Io such wit. The Mortbaaor hereby specificaUy waives the right to object to tAe appointment ot a receiver as aforesaiel arni hereby expressly mnsents that such appointment shall be made as an admitted equity and as a matter of abwlute right to the ~lortgagee and that the same may be done without notice to the Mortga6or. If foreclosure ptoceedings shuuld be institutrd against thc property covered by thu mort6age upon any other tien or claim whether atteged to tre super"ar or junior to the lien o( this mortgaae, the Mongagee may at his optan immediately upon institution of such suit or during the pendency thereoi declue this mortgage arul the indebtedness secured hereby due and payable forthwtith and may at its option proceed Io torecbse this mortsase. (6) That the Mort6agor will keep all rral and persc~ml property now or beresfter encumbe~rd by the lien of this mortgage insured as may be reyuirecf frc~m time tn teme by the Mort6agee against bu of fire, rvinduorm and other hazards, cuualtia and mntin6encies fot such periods aod for not leu than wch amounts as may be reyuired by the Atortga6ee and to pay prumptly when due all pre~rtiums tor such insurance. Thc amounts of insurance rryuired by the Nort6asee shall bs the minimum an:ounts for which said insutance shatl be written and it shal! be incumbent epon the Morfaagur to maintain such addicional inwnnce as may be necessary to meet and comply fully with all co-insunnce requ"vements mntained in said policies to the end that ~he said Mortgagor is oot a co-insuror thereunder. Insurance shall be writteo by a company or companies approved ur designated by the Nortgagee and afl policies and renea~als thereof.shaH be held Ay IAe Morlgaaee. All drtaihd designslions by the Dlorigagur which are accepied by the Afortga6ee and all a~rebments between Mottgagor and Mortgagee relatina to insurance, now e:istin6 or hereafter ma~le, shall be in writing and shall be a part of this mort6aae aareement as fully as thuu6h set furth verbatim herein and shatl gorem twth parties hereto and their successon artd assq[ns_ No lien upon any o! said policies i ot iaxurance or up~n any refund or return premium which may be payabk on the cancellation or lermination theteo(, shall be E'nen to othn tha~ the 1?tortga6ee, except hy proper endorsement affixed to ;uch policy and approred by Martgagee. EacA poliey of inwrance ; shall have affiaed theretu ~ Stamfard New York Mortgagee Clause without Contribution, makirr6 aIl bss or losses undrr such policy ( payable to the Mur[gaRee as its intrrrst may apprar. In the event any wm nt sums of money bccome p~yable thereunder the Mort6a6ee ~ shall bave the option to receire and apply the same on account ot the imiebtedneu hereby ~c~fe~ oi to permit the Mott6aaor to te- ceire and use il, or any part thcrr.~f. withiiut thereby w~a~vinE or impairinE any eyuity,`/'Kn,.m A6ht under and by virtue of fbis mort- a~a~. to even~ of Hns or physinl dam.~e to the mortgaged proprrty Ihe Mortga6or shall 6ive immediate notice the~tof by mail to the Mo?t6a6ee and the Rforcgagre ma~ make pruof ~~f loxs if the same ii m~t made promptly by the Mortga6or. In evedt of forecbsure of R 288 ~Ati~ 69 . ~ . . S~~~c