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Home My WebLink About0630 ~ ~ ~ .~t~~ . PROYIDED. ALWAYS. ih~t 1! ti:e Mon~?r shal! pay unto the Mortgs~ee the indcbtedneu evidenced' ~y a certaia• Mo~y aote ot whic6 the tollowin~ in words and fi~ura ~ a t~ue copy to-wit: - t , ~(.o4~?ur~ ~ ; S 2, 300. OQ _ Fort Pierce F~a;~ June 14 . 19 78 i . ~ . ~ FOR VALUE RECEIVED I pcomise to p~y : to tbe otdet ot PAULINE WOLF ~ • . : . 'i TWiO THOUSAND THREE NUNDRED ------------••--------NO 1 : the pruncipal w~ of DOLLARS, ; tc~;etha with iuttrat tbereoa from dste st the rate of tea ptroent, per annum until maturity. both principal and inteeat bein~ ; t payabk in lawfd moaey ot tbe Usited Ststes at 2244 Bi~csyne Blvd, Mismi, Florida, or at su~ other place ss the hddas hersof ; may ~nate in writias. PtinciQal and iaterrst paysbk in insullma~ts ss follows: ~ ; SIXTY ($60.00) DOLLARS~per month beginning on the 15th ' dgy of August, 1978, and continuing on the 15th day of ' ~ each and every month thereafter until paid in full. ~ 71~is nole ~a~ re pra*aid "w wbale ot i~ part st aw7 ti~e poe W7~ewt ot a peudt~ equal to ei~t pcrceat ot tk p~incipal nuw prepaid. ~ Ead~ iistara~t ~ar~t ikaM le ae~itei Cnt o~ tbe i~ter~t dre. aud dro nwiwder uw Priweipd: awd iaterest ~6ap t6ereupaa oe~~e ~pw ~ tAe pei~ci~tl ~o a+e~itd. 'Re ~akus a~i raro~sas a[ d~i~ wole Frrdu~ apee to ~+aire dsu~1, s~~licc ot ao~•M7w~ewt awa pwta~ awd i~ the event wdt iaU be `rv~t ~ ; i f~x t6e eaNeetia~ Me~~eot. ar 11~e a~a ~as lo re caieetc~ ~'ow dewa~d o[ ~w ~ttorwer. ~ wr ~~w~,~t«.~~'i tcea tor oakint wd cdleetio~. ~ pdeReJ M~Mwb ~e~da iai ~ar iteeest at Ire nte ot ta~ ~aeewl ~er a~n~ traa maturily raW Mid. ' ~ 71is wole i~ rewai ?p a~wrtp~e at e~ew dsle i~e~rid~ ~ad is to 6e ca~tned sad entoreed aeeordin~ lo t6c la~rs d the Stale ot Florida; ~pw ± defarM i Ire M~t d~ a~iJor itaest ~.Iw aw. the xl~de ww ot ~riwcip! awd iaterat rawaini~ ~wp~id ihall, at tbe a*tiow o[ tbe ~ ~ hddas, bcvore iredi~tdT Ae a~d MTaYe. ~ • ~ ~ S (SEAL) ; :i ~ b~7 H• S~iek*. At~ar*~7- 2240 Breay~e 8frd•. Mia~i Flarida :i ~ aad ~aU pedorm, comply with and abide by each and every the stipulations, agreements. oonditioiu and covenants ot said p~wnissory note and of this deed, then this deed and the estate thereby created shall cease and be nuU and void. i. The Natg~aor hereby rnvenants and agrees: (a) To pay a8 and sin~ular ths principal and mterest and othrr sums of money payabte by virture of said promissory note am! this deed, or either, promptly on the dsys tespectirelY the same sevrnUy bemmes due. (b) To FermA, commit or wtfa nn r?aue anJ to maiMain the improvements at all times in a state ot gooJ «pair and condition, and to do or pe~mit to be done to said premises nothin6 that v?ill altet or chan6e Ihe use and charader of said prupetty or in any way impair or vveaken tde sccuritY of tdis mort~e_ Md io case of the refusal, neglect or inability of the Mortgaaor to repair and maintain said property, the Mor~6a~ee may, at his option, make wch rtpain or causr the same to be made, and advance moneys in that behalf. ~ ~ ~ (c? To pay ap snd sin6War the taaes, assessmrnts, levies, liabilities, and obligations of erery-nature on s~id described property each and ~ evety .+~hea due and psTable xcqtdin~ to hv?, betore they become deliyuent, snd to deliver to the Mort6a6ee oe or befote 1Narch I Sth of each year ta: reeeipts eridrncia~ the Qsyment of all bwtully impasal tazes tor the prectdin6 cakndar qear,to indemnify the Mortgasee { uQon his dcmand foc aU ta~es, assessmc~s and char=es that may De assedsr~ upon thiu mon~age on the indebtedness xcured hereby, and . paid by the so~taasee. without reprd to any law hetetofure enacttd or hereafter to be enacted imposin6 payment ot the wfiule or any ~ part thereot upow the 1ltort~ee. ~ ~d) To pay all and sin6ulu the oosts, char~es aad expenxs, includins lawyen' fees and abstract avsts reasonably incurred or paid at any ~ime by the Llort~taEee brc~usr of the failure on the part of Ihe Mort`agor to perform, comply with and abidc by each and every the ~ stipulations, agreemrnts, conditioas a~.i covcoan~s ot said promissory note and this deed, or either, and every such payment shall bear intaest from date at the rate ot tes ( lil`.~) per crntum per annam. (e) It is turtAer oomrenanted and asreed by said parlies thst in the erent ~f a wit being instituted to forecluse this mortg~sc, the Mort- ' psee shaU be entitled to apply st sny time pendins wch foreclosure wit to the court having jurisdiction thereof for Ihe appointment of a receirer of alt and sia~ular.tAe mort~ed property, and of ail rents, incomes, profits,_issuts and re~tnues thereof, from whatsoever source derired: snd theceupon it i+ hereby expressly mnrenanlyd and agreed that the Coun shall forthwith appoint such receiver with the ususi po~ven aad duties ~f receirers in like cases: and said appuintment shall be msde by the oourt as a matte~ of strict tight to the Mort- 6a6ee, and wRlwut reference to the xlequacy or inadeqwcy ot the value of the property hereby mort6aged, or to the sohency or inwl- vency ot the l/ortEa6on or any other party defendant to such wit. The Mortaa~or hereby speciTicylly w~ives the ri6ht to object to tht appointmeot o! a receirer as aforesaid and hereby expressly consents that wch appointment shall be made as sn admitted equity and as a matter ot absolute ~i~h~ to the Mortaagee awd that the same may be done without nutice to t~e Mortgagor_ ~ (f? If foralosure proceedin6s should be institu~ed against the property covered by this mortgage upon any othet lien or claim whethet ~ alte6ed to be wperior or juniot to the IKa of tAis monga6e, ~he Mortgagee may at his option immediately upon institutan of such suit or ~ durin` the pendeacy thereot declare this mort6a6e anJ the indebtedness secured heteby due and payyAle forthNith and may at its option procesd to toreclose ti?is mortasse. h ~ (E) That the Mortsa~or wiN keep all real snd Qerwna! propetty now or hereafte~ encumbered by the lien ot this mortsage inwted as msy ~ be required from time to timc by tbe ltortda~ee a~insi bss ot fire, winditorm and other haurds, cuuslties and svntingencits for such ~ . periods and fot wot ku tAan srch smuunis as may be requued by the Mortaa~ee and to qy promptly when due all premiums tor such insurante. Tht amoanb of inwranct reyuired by the Mort6agse shall be the minimum amounts for wfiich said insurance'shall be written a and 'et shall be incumbem upon tbe ldort~a~or tu maintain such additional insurance as may be oecessary to meet and comply fully with all ~ m-insuraace reqvirements coataiaed in said policies to the eod that the said Mort`agor is not a co•irtcuror thereundtr. Inwrsnce shall be ew wTitteo by a cumpaay or mmQ~nies spproved or desi6nated by Ihe Mortgagee and all policies and renewals thereot sAall be held by the ~ Mort6aaee. Ali dNaikd desisnatiurn by the ~fortEagor which are accepted by the Morl6agee and all agrcements brtween Mortsaaor and INon6aEet reluin6 to imunnce, now existi~ or hereafter madc, shall be in wTitir~ and sha~~ be a part ot ihis mortga6e agreemenl u fully ~ as tM~ush xt (orth rerbatim here~n and shaU aorern Aoth partin heteto and ~heir successors and assiins_ No lien upon any of said policies of in~unnce or apoa any retund rx return premium which may be psyabk on the cancellation or terminstion thaeot, shsll be given to ~ uther than the M.~rtp~ee, except by proper cnAorsement affiaed to wch pvlicy and spproved by Mortqgee. Each policy ot insurance ~ shap have affiie+t thereto s Stamfard Niev` York MortR~ee Clause v?ithoul Contribution, makirts all bss or bsses under such policy ' pa~abk to the ~IortpEee as its interat may appear. In the erent any sum ot sums of money become payable Ihereundet the Mort6a`ee sdsll have the option to receire and apply the same on sccount ot the indebtedness hereby xcuted, or to permit the Mort~asor to te- ~ ' ceire and use it, or any part thcreof, without thereby waivin6 or impairing any eyuity, lien, or riaht under and by virtue ot this moA- i pse. Ir.• erent ot tuss w ph~sical dama6e to thc murtga6ed pruperty'1be Mart6a`or shall ~v ~p ~ate notice thereuf by mail to the ~ ; Mortsa~ee and tt?e Nort6s=ee may make pr~rof of loss if the same is no1 made pro~y ~~Ae ort`asor. In event ot ferecbsure of }r ~ ' t~ . ~ 8~K ~9 PAGE i > ,z,~~ - - ~ - ~ ~ °-e~ a ~S yr ~ .jA g - M~ ~ . , - ~t'.~ 3~ „r .Y'r+-:~'~s°'^ 4~~'~~:.