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Home My WebLink About0097 • ',~~1 + PROVIDED, ALWAYS, thst if the Mo~t~s~o~ sha0 pay uato the Mo~t~aYee the indebtedness evTaenced by a ca~i~iir promi~ory note of whkh the followin~ ia words aad C~gura Is a true copy tawit: ~ ~,i~~~ ; ' S 3.150.00 Fort Pierce F~a;d, June 7. ly 78 ~ ~ FOR VALUE REC~IVED I ~,e ~o ~.y ; j co the atder ot ROSE C~tAIR ' ~i . ~ ! the ~principd wm at ~E T~ ND IFTY - - - - - - - - - - - - - NO 1 DOLLARS. ' together with laterat tbereua Iraan date at the rate ot ten peroeat. pa annum until maturity, both p~iaclpd and iMterat bda= ~ ~ payabk ia 4wfnl moeey o! the Unjttd Shtes at 2244 Bacayae Blvd, Miami. Florid~, or st wd~ W~ p{aoe a~ the Mddeis beaot ~ j 1 may dtsi~rwte is wtitia~. lriacip~l and 'uuered payable la lastsl6neab ss tdbws: ~ SIXTY FIVE ($65.00) DOLLARS per_month beginning on the~l5th - day of August, 1978, and continuing on the 15th day of each - r~ and every month thereafter until paid in full. ~ i' ~ ~ ~ 71us sote ..r e. ~ ~.~uok a~~.e ci.e wr~ewt oi a penalt~ equal to ei~t ~e~t ot the p~i~eial ww ~eMY. , ~ I Fidi i~atailoowt N~aat ii be c~edited fint ow the i~~ae~t drs~ a~d the rearinie~ oe ~iciNl• aod i~terMt r+aN tlwea~aw oaw ~lo~ I . i~ the pei~ejpal w aeaited. ' _ ~ ~ The ealca~ ud e~do~sen a[ t?L wole ~ apes to ~nire de~a~d, woooe ot w~'P~7~M P~'o~, swd iw d~e erael w~it iap bt b~or~t ' : ~ tos tbe ealleetiop I~e~eot, ar d~e au~e ha~ to be eo~sehd ~paw de~a~d ot ~w Ntorwer. M M~ Kawwr6ie ~ttorney`s (ea tor ~al~ wd~ ooMectio~ ` ~ Detened par~b iwerwder ~bar baar istaest at the rate ot tea paeent ~er awa~w IraR wtwritr ~nW p~id. ~ F e+ This wole i~ ~ecrred 1~ a d e~row d~te huewit6 aud ia to b eantnrcd awd eetoreed 7~ aoeordiw~ to We 4ws o[ 1he State ot Piariia; ~~ow ~ i defa~dt i~ d~e ps~ewt d priweipal aod/or iotaest xhew due. We ~rAde w~w ot ~i~eipal aad iptusst ~aieia~ ~~p~id~~haUi. at tl~e o*~aw ot tbe ~ hddas. beoo~e ~~e~tdy due aed p~yable. _ ` I . S ~ ~l ~ ~r' (SEAL) ~ j ~~f ~7 H. Spiela, Attaraer- 2240 B'uca~ae Bhd.. Miavi Flaid~ 's " _ • . fr• ~ and shall perform, comply with and abide by each and every the stipulations, .agreements, oonditions aad oo?~ep~J~..i~• - said promi9wry note and of this deed, then this deed and the estate thereby created shall cease and be nuil and void, ~~.;~s - 1_ The Mortgagor hereby covenants and agrees: (a) To pay all and singular the ptincipai ~nd interest and other sums of money paYabie by virture of said promissory note and this deed. or ~ither, promptly on the days respectively the same sevetally becomes due. . (b) To permit, cummit or suffer no waste and to maintain the imptuvements at ali times in a state oi good repair and conditron, and to do or permit to be done to said premises nothing that ~+ill alta or chanse the use and character of said property or in any waY ~mpair or ~veaken ihe security of this mort6age. And in case of the refusal, neslecl or inability of the Mortga6ot to repair am1 maintain ssid property, the Mortgaaee may, at Ais option, make such repain or cause the same ta be made, and advance mo~eys in that behalf. ;I i (c) To pay all and singular the taxes, assessments, levies, liabilities, and obli~ations of evety nature on said described property each and ~ erery when due and payabk sccordin6 to taw, before they become deliyuent, and to deliver to the Mortgagee on or before March I Sth of _ ~ each year tax receipts evidencing the paymcnt of all IawiuUy imposed taxes for the precedina calendu year;tu indemnify the Mortgagee ! upcn his demand for all taxes, assessments and charges that may be assesxd upon this mortaage on the indebtedness secured hereby, snd paid by the nwrtga6ee, v~ithout re6ard to any bw heretoforc enacted or hereafter to be enacled imposins payment ot the whole or any ~ part thereof upon the Mortgasee_ _ ~ (d) i'o pay all and singular t6e costs. char6es and expenses, includina laveyers' fees and abstract costs reasombly incurred or paid at any time by the Monga6ee because of the failure on the pari of the Atort~gon~aerform, comply with and abide by each and every the ~ stipulations, agrcrments, cunditions and covenants of aaid promissory note a6d this detd, or either, anJ every such payment shall bear ~ ioterest from date at the rate of tep (10~,) per centum pet annum.. ~ (e) It is further comenanted and aBeed by said parties thst in thz event of a wit being instituted to foreclose this mott`ags, the Mort- gaEee shatl be entitled to apply at any time pending such (oreclosure wit to the courl havina jurisdidion thereof for the appointment of s receivet of~all and singubr the mortga6ed property, and of all renis, incomes, ptofits, issues and revenues thereof, from whatsocver source derir~d; and thereupon it is hereby expressly convenanted and aateed that the Court shaU forthvrith appoint such rcceirer vrith the usua! powers and duties ot receivers in like cases: and said appointment shall be made by the murt u a matter ot sirict right to the ~tort- gaaee. and w•ithout reterence to the adequacy or inadeqwcy of the valur of the prupetty hereby morigaged, or to the sotvency or insol- vrncy of the Mortgagon or any otha puty defendant to such wit. The Mortgagor hereby specifically vraia-es the right to object to the - ~ appointment ot a receiver as aforaaid and hereby expressly conxnts that wch appointment shall be made as an admitted equity and as a ~ matter of absolute right to ihe Mortga6ee and that the same may be done without notice to the Mortgagor. ~ (f) If toreclosurc proceedings should be instituted aEainst the property covered by this mortgage upon an~ other {ien ot claim whether ~ alle6ed to he superior or junior to the lien of this mortgage, the Mortga6ce may at his option immediately upon institution of such suit or ~ durin6 Ihe pendency thereof declue this mortgase and the indebtedn4ss secured hereby due and payable [orthwith and may at its option proceed to torecbse this mortgage. ~ (g) That the Mortgagor will keep aU real and perx~nal propetty now or haeafter encumbered by the lien of lhis mortga~e insured as may be reyuired frum time to time by the Mort6agee against bu of fre, ~+indstorm and other hazards, casualtics and mntinsencies tor such ~ periods and for not less than such Smounts as may be required by Ihe Mottgagee and to pay ptomptly when due all premiums for such inwnnca The amounts ~tf insunnce required by the Mort6agee shall be thc minimum amounts for which said insurance shall be written ~ and it shall be incumbent upon the Mortga6or to mainlai~ such additional insurance u may be necessary to meet and comply fully wiih all : m-insunnce requ'uements contained in said policies to the end ihat the said Mortsagor is not a co•insuror thereunder. Inwnnce shall be ~ wTitten by a company or companies approred or designaled by the ~tortgaEee and all policies and renewaB thereof shall be hetd by the : F Mortgagee. All deuiled designati<~ns by the Mortgagor which are accepted by the Mortgagee and al( agreements between Mortgagor and ~ Nortgaaee relating to insurance, nuw ezislinE or hereafter maJe, shall be in writinE and shall be a part of this mortsage agrcement as fully u though ut farth verbatim herein and shall govern both partia hereto and theit succnsson arui assigns. No lien upon any ot said policies ~ of insurance or upon any refund or rcturn premium which may be p~yabk on the wncellatiun or termination thereot, shall be givm to ~ther than the Mortgagee. except by proper endorsement affized to wch policy and approved by Mortga6te. Each policy of insunnce shall •have afi'ixed therrto a Standud New York Mortgasee Clause without Contribution, makin6 all bu or bsses under such policy ~ p~yable tu the Mortgagee as its interest may appear_ In the eveAt any wm or sums of money become payabte thereunder the A1ort~ee ~ shall have !he option to receive and apply the same on account of the indebtedness hereby secuted, ot to permit the Mort6agor to re- ~ ceire and use it, or any part thereof, w~ithout thereby wsivin6 or impairinE any eyuity, lien, or right under and by rirtue of this morl- ~ 6age. In event of bu or physical Jamage tc; Ihe mo~tgaaed property the Hortga6or shall give immediate notict thereof by msil to t~e Mortgagee and the Mortgagee may make proof of loss if the same is not made promptly by the Mott6agor. In event of torecbsure of ~ ' • i~~'~~14~_} ~ . ~ - , _ , s . s'` - F "~'4:'.. . _ ~ . -M ,~.~r W~;4. 'r:" <~-''~CS - _ ~'fi_") ~,~°.'Ss ~ts ~ ' 'C' . ~~~''~'YU" X3 ~ - ~?~~.t.:~~ .~p -~r-~ ^C a-~ y~._ _ ° . .