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Home My WebLink About0623 _ lj"i~ ~~.~1. PROVtDED, ALWAYS, that if the Mort~,a~oc shall pay unto the Mott~ss~eeee the icdebtedness evidenced by a oaRaa mi~wry oote oi which the followin~ in words and fi~ura is a true copy tawit: . ~,~~al~ra~e ~0~~ . = 7,275.00 ~ Fort Pierce F~a;d, June 2. ~ iq~_ j ~ FOR VALUE RECEIVED ti+1E- iointlv ~ and aevPral 1 y ~ promi~e, to p~y ~ ~o a~ EYA DAVIS AND ROBERTA POPKIN~ AS .~OINT TF ANT~ wT~grruTs,~ F SURVIVQRSHZP - ; ~ the priacip~l wm ot SEVEN THOUSAND 1W0 HUNDRED SEVENTY FIVE pp/lp ' ~ ~uRS, ~ together with interest thereon fwm date at the rate of tea perccnt, per annum until maturity, bot6 principal and interat beia~ t payabk ia tawful money ot the United States at 2244 Bi~cayne. Blvd. Mian~i, Florida, or at wch other plaoe ~s the holden hereot ~ , may desi~nate in writing. Princ;pal and inteerst payabk in installments u tuQows: > ~ ~ ONE HUNDRED FIFTY ($150.00) DOLLARS per month beginning, ~ on the lSth day of August, 1978, and continuing on the : 15th day of each and every month thereafter until peid i in full. ` 'ns..a~ ..r ~ wad~ a a~.~ ..r u~ rPow Nr.eac ot a~~t~r ey~,~ ~o ~e ~~.e a[ ~ M;.~~ w~ Mep~id. ` Fxl~ iasWws~t pqnaeat iap be cre~tei [i~st oa We i~1a«t dre, w~ Il~e rea~aiadcr uw Peiei~l: ~wd i~lerat iaY U~e~erpow oe~~ rpo~ - M~ A : ~ 1~1! p~Ml~ ~O p~l~~ld. 'Re ~alton awd ewdwsen o( tbis lwle hrtrer apee l0 xahe.~ewa~~. ~o0ee O( waw~M7~ent aw~ pro~st, awd i~ We erall M~! idl.be L~o1~l ~ tar tbe eaUeetiow ha~ot. w We s~we lu~ w oe eoYaeted rpw iwwawd ot aw attoe~er~ w Nr rnwweble at~~'~ teu tor wrl~ wd ooMbetiaa Ikterred My~eab herewder ia/ bat i~tereat at t6e nte o[ tew NeMt ~ awwww fru~ wt~ity ~~til p~id ~ ''I~is aou ir Mew+e~ b= a iwortp~e at aMew d~1e be~e+vilr awd i to M coMtrrer aad ewt«red aeoo~ to t!~ la~n ot tM Sbt~ oI Flarid~; ~p~ detault i~ tbe p~~ewt ot pri4cipai a~d/or iatereat wben dre~ t6e w6de wu~ ot. ~ ~ ~ hddas, beoowe iredi~tely due a~d p~~ade. M~ a~d iwtereat ~ wp~{d ~rap, at iM oRliaw o[ tie ~ ~ ' . ~ ~ f ~ S s ; (3EAL) . ~ ~ h~n~ bY Stade7 H• Spieler, ~u~r- 2uo ~,r~ eHa., t~:..t ~~a. (SEAL) snd shaU pedorm, comply with and abide by each and every the stipulations, agrcements, rnnditions and.covrnanb o! said prapissory note and of this dced, then this deed and the estate thereby created shall cease and be nWl and void. ~ 1. - The Mortgagor hereby covenants and agrees: ~ (a) To pay all and singular the principai anJ interest and othat sums of money payable by virture ot said promissoty note and this deed, or eithrr, promptly un the days respeciirely the s~mr severally becumrs due. ~b) 7o permit, commit or suffer ?a waste arni lu maintain lhe improvements at al! times in a state o( good repair ind conditio~, and !o do or permit to be done to said premises nothing thst will altef or change the use and chuacler ot said propMy or in any way impair or li weaken the security of this mortga`e. And in case of the retusal~neglect or inability of lhe Mortgaaor to repair and maintain said pruperty, the ~tortgasee may, at hii optiun, make such repairs o< ~he same to be made, and advance moneys in that behalt. (c) To pay all and singular the taxes, assessmrnts, levits, liabilities, and obli6atiuns of everp nature on said described property each and n•ery when due and payabk accordin6 to law, before they become ~eliyuent, and to deliver to t6e Mottgsgee on or before Msrch 1 Sth of each year. tax recripts evidencing t6e paymmt of all lawfully imposed tazes for the precedin6 calendar year; to indemnify the Atortgagee upon his demand for all tazes, assessments and charges thst may be asseised upon this mortEa6e on the indebtedness secured hercby, and paid by the mortgagee. without regard to an~• law heretutore enacted or he~esfter to be enacted imposinQ payment of the vvhole or any part thertof upon the Mortgaaee. ' (d) To pay all and sin6utar the costs, charges and e:penxs, including lawyen' fees anJ abstract msts reasonably incurred or paid at any time by the ~tortga6ee becaux oi Ihe failure on the part.of the Mor:ga~r to perform, mmply with and abide by rach and eYery Ihe stipulatiuns. agreements, conditiuns and covenanls of said promissory note and this deeA, or either, and erery such payment shall bear interrst from date at thr nte of tcn (10~) per centum per annum. (e) It is further convenanted and agrecvl by said parties-that in the event nf a suit being institute~l to forecluse Ihis mort6aae, the Mort- ~ gagee shall be entitted to apply at any time pendina wch foreclosure wit to the court having jurisdiction theteof for the appointment ot a receiver of all and singular the mortgaged ptoperly, and of all rents, incoma, profits, issues and revenua thereof, from whatsoever s~ource derived; and thereupon it is hereby eYpres~ly conrenanted and asrefd thit the Court sha0 furthwith appoint wch receiver with tht usual puwers and duties ot rectivrrs in like cases: and said appointment shall be made by the court as a matter of sirict ti6ht to the Mort- ~ 6agen, and without r~ference to the adrquacy or inadequacy of the ratue of the proprrty hereby mortgated, or to the solvency or insol- vency of the MortgaEon or ~oy other party de(endant to such wit. The Mongagor hereby sE+ecifically vr~ives the tight to object to the appointment of a receiver u aforesaid and hereby eapressly mnsents that such appointment shall be made as an admitted equity and as a matter ut absolute right to the Mortgagee anJ that the same may be dune without notice to the Mortgagor. (f) If forectosure proceedings should be instituteJ againu the property corered by this mortga`e upun any oiher lien or claim whsther . alleged to be wperior or junar to the lien of this mortgage, the Mortgagee m~y at his optan immediately upon institution of such suit or durin6 the pendency ihereof declue this mort6age a~ the inJebtedness secured hereby-due and payable torthMi~h and may at its optiun pioceed to forecbse this mort6a~a ' ~ (6) That the blortgaEot will keep all real srwi prrsnnal propetty now or hereafter encumbered by the fien of this mort6age inwted u may be requirrd from time to time by the Alortga~ee against bss of fire, windstorm and olher harards, casualties and continaencies fot such perads and tor i~t leu than wch amounts as may be requ'ued by ihe Mort`a6ee and to pay ptomptlq when due all premiums for such insunnce. The amounts of insunnce reyuired by the MortEagee shall bt the minimum amounts for wliich said insurance sha0 be written and it sAall be incumbent upon the Mortgasur to mainuin such additional inwnnce u may be necessary to meet and cumply tully with all rn-insuranct requiremertts contained in nid policies to the end that the ssid btort6a6or is nns a co-insurot thereunder. lnwtance shall be - wTilten by a company or rnmpanies approv~ed or designated by the ~tortgaget aod all poticies am1 rrnewals thereof shall be held by the y NortEagee. All detailed designatiuns by the ~fortgagor which are accepted by 1he Mortgaaee and all aareements bttween Mortga6or and Mortgaaee relatina to iruurartce, now eaisting or hereafter made, shall tx in w~ritin6 and shall be a patt of this mortpae asreement as fully as thou6h set forth vePoatim herein and shall govern Aoth parties hereto and their succeswn and assigns. No lien upon any of said policies ' ' ~ of insunnce or upon any refund or return premium which may be payable on the cancellation or terminatiRn thereo(, shsll be 6iven to . uthrr than Ihe ~lortgagee, except by propcr enJorsement affixed to ;uch pulicy and spproved by Mort~a6ee. Each policy of insunnce shaU have atfixed thereto a Sundard New York :~tortgasee Clause withoul Contribution, making all bss or bsses under such policy payaAle to the Mortgasee as its interesl ma~ appru. tn the event any sum or sums money ben~me payable thereunder the Mort6s`ee , ~ iha1F hare the optiun to re.eive and apply thc r..ne on accoum of the indebtedness hereby secured, or to permit the Mortgasot to re- ceivr anJ ux i1, or any p.ut thereof: vrithuut thcreby waiving or impairirKt ~ny eyuity, linn, or right under snd by vittue of Ihis mort- ~{sge. In erent nf luss or physical damage to the murlgaEeJ prnperty thc Mortga6or shall give immsdjatt ~tice Iheteof by msil to the ~ StorlgaEe~• and thr Mortgagee may make pnwf of loss if the vme is not maJe prnmFtly ~3 fh~ ~to"ttgs6or. In event of (orecbsurc qf ~ ~ U.R 6u011~ PALE ~ ~ : - - - - - - ~ ~ ~ ~ . ~ ~ . : - - ~ X ~ - -