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HomeMy WebLinkAbout0216 . 4 ' • 'i ~ • l PROVIDED. ALWAYS, that if tbe Mo~t~or shall pay unto the Mort~s=ee the udebtedne~ evideaced by a arta~n proowipory aote ot which the tollowin~ in words snd tigurcs is s true copy tawit: : e~~~~ e/~ljtP ~ S 4 6~0.00 Fort Pierce _ F~a;d, June 7. 19 78 FOR VALUE RECEIVED I romise to a JACK DUBLER ~ P ~y ~E to the order ot I ~ ~ the principal wm of Fnilit TH9USAND S IX HUNDRED FIFTY - - - - - - - - - - - - - - - -NO 100 ppLURS, together with iaterat tbueoa fran d~te ~t the rate of tea percent, per annum until maturity, both principal and intertst beina ~ C payabk in lawf~ money of the United Stata st 2244 Bpcqae Blvd, Miami, Florida, or at such wher place as the hddas 6ee~nt ~ r,~ay des~aate iu wnitin~. Principal aad iMerest pryabk in instdUaents as topows: ONE HUNDRED ($100.00) DOLLARS per month beginning on the 15th day of August, 1978, and continuing on the 15th day of eech every month thereafter until paid in full . 6 : ~ - f~ This sole s~y b~ p~qaid i~ Mbok o` in put at awr tire YP~ Mf~t ot a~enalty equal to ci~1 percewt ot tiie ~riwcipd au~ M~~id. j i Fa+di i~atail~wt paJnrewt ~baM be e~edited Cast ow tl~ Mtenat drs, and We nywainde~ ow priweipsl; awd iwterat ~4aM tl~we~o~ ee~w ~pon i ~he prineipal w eredited. i ~ '11~e maken aed eedone~s ot this note [utt6et a~ree to xaire dew~and, aotice o[ nan•paywcnt and protal. ~~d in the e~t ~uit ikdl be 6ro~t ~ i (o? tl~e eaNecKoa 6ereot. or the wne Iw to be edleeted upoe demand of a~ attoraer. to par rcasonaWe sttorwe7'~ tea [or makio~ a+ch edleetioa. . Defer~ed Mra~ewti herwr~da ~haY be~r inteeat at th.• rate ot ten paecnt per armum (rum a~sturilr unW p~id. ; Thit note ia ~eewed br a sortsate of rvsa dale here~rith and ii to be eunsWed and enfomd aceordin~ to tAe laws uf 1he Sute ot Florida;upon ; defeult in the p~yaeat d prineipal swdJor intaril ~rhen due, the Khde wm oi principal and iwteresi rewaiwi~q uapaid ihall, at 11~e optioa of the hdden. become ia~wedi.cdr due and psyable. ,-7 / - - , ~ . . s~ ~ ~ y~ru ~ ~ ~c~ ~ (SEAL) t . ~ l; Pre~.ned by Sw~1ey N. Spiek:, A~~arney- ~~t0 f~ca~ne t~l~d.. ~fiami T~l.arida . and ahall perform, comply with and abide bj+ each and erery the stipulations~ agreements, rnnditans and rnvenants of said promissory note and of thic deed, then this deed and the estate thereby crested shall ceise and be null and void. . 1. The Mortg,agor hereby covenants aad agrees: ' (a) To pay all and singular the principai and interest and. other sums of money payablc Ay virture of said promistoty note and this deed, - or either, promptly on the days respectively the same severally becomes dua (b) To permit, coTmit or wffet no waste ard to maintain the improvements at all limes in a state of 6ood repa'v and condition, and to do or permit to be done to said premises nothina that will alter o~ change Ihe use and chuader ot said propMy ot in any way impair or weaken ihe security of this mortaase. And in case o! the rotusal, neslect or inab~lity of the Morlsasor to repair and maintain said property, . the Mort6aace may, at his option, make such repain or cause the ssme to be made, and adrance moneys in that behalL (c) To pay a!t an.1 sin6ulu the taaes, asxssmrnts, leries, liabilities, and obligatans of every nature on said described property ach and every wheo due and payabk accordin6 to law, before they become deliquent, and to de6ver.to the Mort6sEee on or before March I Sth of each year Isx receipts evidencina the paymrnt of all ~awfully imposed baes tor the precedins cakndar ytu;to indemnify the Mort6~6K ; upon his demand ~tot all taxes, assessments snd ehuses that may be asseised upon this mortaate on the indebtedness secured hereby, and ~ paid by tAe mortga`ee, without re~ud to any law heretoforc enacted or herafter to De enacted imposins payment of the whole or any ~ part thereot upon the Mort6~En• ~ (d) To pay ati and singulu Ihe costs, char`es and expenses, includinE lawyen' fees and absiract oosts rqsonably incurred or paid at any R time by the Mort6asee because of the failure on the part of the MoRga6or to pertorm, rnmply with and abide by each and every the ~ stipulationt, asreements, conditions and corenants of said promiudy note and this dsed, or either, and every such psyment shall beu s interest from date at the nte of tep (1056) pet centum per annum. (e) It is turther rnnvensnted and sqreed by said patties that in the erent of a wit being instituted to foredose this mortgaao, the Mort- ~sgee shaU be entitled to apply at.any time pending wch toreclosute wit to the court havin~ jurisdiction thereof for the appointment of s receirer ot all ~nd singular the mortsa~ed propeny, and ot a!t rents, inrnmu, proTits, issua and revenues thereof, from whatsoever source derived: and thereupo~ it is Aaebq e:pressly convenanted and agted that the Court shall forthwith appoint such receiver with the usual pow•ers and duties of receivtrs in like cases; and said appointment shall be made by the oourt u a matter of sirict right to the Mort- ~ sagee, and without teterence to the sdequtcy ot inadeqwey of tAe ralue ot tAe pmpMy hereby mort6sEed, or to the sotrency ot insol- ~ vency of ~he I?1or~gaaon or aay other puty defendant to such wit_ The Mortga~or hereby specifically wsives the risht lo object to Ihe appoimment of a receivcr u aforaaid and hereby expressly rnnscnts that such appointment shall be made u an admitted equity and as a matter of absolute right to the Mort6a6ee and tFut the same may be done without notice to the MoRaaaor. ~ ~ (n If toreclusure proceedings shouid be instituted a6ainst the property rnvered by this mortsaEe upon any other lien or claim whetAer allesed to be superior or junior to the lien of this mortEa`e, lhe Mortassee may at his oplion immediately upon institution of such suit or ~ during the pender~cy thereof declue this mortga6e and the iadebte.lness saured hereby due and paysbk forthwith and may at its oplion proceed to forecbse this mortEage. ~ . (E) That the Mortga6or wi11 keep all real and personal property now or hetesftet encumbered by the lien of this mortga6e insured as may be requiral from time to time by the Mortsasee against bss of Tire, windstorm and other hazards, casualties and mntinsencies for such ~ periods and for not {eu than such amounts as may be required by the Mortgaaee and to pay promplly when due all premiums for such x insurance._ The amounts of insunnce required by the Mortp;ee shall be the minimum amounts for wfiich said insurance shatl be written t and it shall be incumbent upon the Mortsagor to maintain such additional insurance as msy be necessary to meet and comply fully vrith all : ~ m-insurance requirements oontained in said policies to the end that the said Mortsa`or is not s co-inwror thereundet. Inwrance shall be ~ ~ wTitten by a company or eompanies apptoved or desi6nated by the Mort~ee and~all policies and rontwab thereof shall be held by Ihe ~ ~ Mortgagee_ All detaikd desisnations by the Mon6a6or which ate accepted by the Mortsasee and alI s6reements between Mort6~or and ~ 3 : Mortgagee relatir~ to irnurance, now e:istina ot hereaRer msde, shall be in writins and shall be s part of this mort6aEe a`teement as tully ~ u though set forth verbatim herein and sha0 sovern both parties haeto and their successon and usi~ns. No lien upon aoy of said policia ~ of insunnce or upon any refund a return premium which may be payabk on the cancellation or termination thaeot, shsll be `iven to other than the Morl6agee, except by proper endorument affixed to wch po6cy and approved by Mottgs`ee. Each policy of insutance ~ shaN have affized thereto a Standard New York Nortga~te Clause without Conttibution, makins all bu ot bsses undet such policy ~ payabte to the Mortga6ee as its interest may appeu. In the event any sum ur sums of money btoome payable thereunder the MortE~tK ~ shall have the option to receive and apply the same on account ot the indebtedness haeby secured, or to permit the Mortga6or to re- ~ ceive and use it, or any psrt thereof, a~rithout thereby waivin~ or impairins any equity, lien, or ti6ht unda and by virtue of this mott- ~ 6aae. In erent of bu o! pYy'sicsldama~e to the mort6~6~ Dropetty the Mort6asor shall Eire immediate notice thereof by mail to the r _ Mort6aaee and the Mort6a6ee msy make proof of loss if the same is not msde promptly by the Mort~or. In erent of forecbsure of ~ . ~ ' ~ 804K 20y eaCF ~16 ~ . . ~ ~.R , ; _ ~ - - - ~ ~ . ~ ~fi _ ` 3`~ ~ s.. ~ 4 ~f: .-,~;~s 3 .~a ' . ?.r~ ~a~a'`~;5~ , w~ i ~ y -