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Home My WebLink About0637 PROVIDED. ALWA~(3, thst,if the Mort~,sgor shall pay unto the Mongs~ee the ir~ebtednes~ ev3deuo~d ~y a certa~'' pwmiiwry note of which the followin= ia wads and fi~ures Ls a true copy tawit: f ~~~~I~ a/ ' " ' ( ° s.I~.QQO.OQ F~cK~d. June 14 , } j FOR VAl.UB RECE[VED I~- p~°m~s p~y ~ co the «der ot ~~IE ROSENSTEYN - ~ ~ ' ~ i :ne priaclpal wn+or ONE THOUSAND ----------------------------------NO/100 DOLLAttS, ; to~ether with in~cRd tha~ou from date at tbe rate of _ tea percent, per annum until maturity, both pe~nnpal and mtcrest beiat ; psya~e ip Iswdul mouey of the Uaited Stata at 2244 Biscsyne Bivd, Miarti, Florida, or at such other pboe ss the hd~eis bereof may de~te tp w~itins, priucipal and intersst paysbk in insbWnents as foUows: :i 1! ' TWENTy FIVE ($25.00) DOLLARS per month beginning on Lhe ~j 15th~day of August, 1978, and continuing on the lSth day ~ , of eacli and~every month thereafter until paid in full. pae11,,y ~ o. p.~e,t,~y c~ Nr~t o[ s'endtr e~al to ei~t ~errswt ot tlro N~4v ~ N'N~d- ~ FasA la~wt N7r~ewt ~haY be erediled tint o~ tl~s Mte~a1 i~. awa ie eewsiader oa pri~cipd: awd iaterest iaG tlwra*aw oaM ~ ! thc priw~i~al ~o efit~. t of Ub aok du~Mc .p~e. co wai.e ~~.d. no~ia ot •ow-p.ymee~~ aw~ p~otat. snd i~ dN era~t dt i~N !e ~eo~t ~ 7Le ~dun aw~ ~wi~r~+ ~ f tor d~e caMectbw Aenot. a d~e saw i~a~ to re eawcted ~pon daoa~d ol aw atlo~we7. b M7 ~aw~ble attoraeY's bes ta w6iy aue~ ooM~clia~ i De[~rrod MY~b lu~ain~ ~ha~ be~r v/M'E~! ~l 1~! falt OI tM NtMt ~er aon~ iros mturilr oatii Mii. 7Lir wob i~ Mewe1 a mortp~e oI ena~ dde rereMritb s~ i to re ec~rt~nsi awr sw[o~ed to dro la.r~ d ti~e 31~te ot Fiaidr rlow I de4ult ia t?e r~wa~t o~ Mw~p~l wdior i~te~at r+Mw dre, t?e wl~ak ~rw oI ' a~d iwtenst w~id st ~e o*ouw ot 11~ . tiddas. Meo~e i~eai~tdr d~e awd p7able. ~ ~ • (SEAL) ~ (SEAL) h„~u.~ ~r sw,~e~ N. s4iekr. ~u«.n- 2t;o ei.e.y.e M~ F~o~;aa - - ~ and shall perfomn; comply with. and .abide by each and every the stiputations, agreements, conditans and covenants o! ` said promissory note and of thic deed, then this deed and the estate thereby created shap cease and be null and void. i 1. The Mortgagor hereby corenants and agrees: (a) To pa~• all and singular Ihe prin~ipal and ~nterrst and ulher sums of money payable by virturr ot said promissory note and tAis deed, ' or eiiher, promplly on the Jays respectively the samr ssrzrally becomes dut. 3 (b) Ta pe~mit, commit or suffer no waste and to mai~tain the improvements at all times in a state of gw~J repair and condition, snd to do ~ i or permit t~ be done to said premises ~thing that will alter or chanEe the use and charactet ot said property or in any way impair or = w~eaken Ihe security of this mortgaEe. And in case of the refusal, neglect or inability of the Mortgagor to repair and mainiain said property, 'I the Murtgagee may, at his uptwn, make such repairs or cause the same to be made, a~nf advanca moneys in that behalf. (c) To pay all and singular the taxes, assessmrnts, leries, liabilities, and obligations of every nature un said desc~ibed property rach and arrry ~~hen due snd payable according to law. 6efore they become deliqucnt, anJ to deliver to thr Mortsagee on or before March ! Slh of ~ each year tax receipts evidenc~ng the paymrnt of all lawfully impused taxes fur the precedins calrndar year; to indemnify the Mortgagce up~in his demand for all taxes, asstssments and charges that may be assessed upon this mortsage on the indebtedness securtd hereby, and paid by the mortga~ee, without reg:rd to any law herctofute enacted or heresfter to be enacted imposi~ payment of the whole or any pa~t thneof upnn the Mortaatee. (d) Tu pay aIl and singular the costs, char6es and expenses, includinE Iswyrn' fers and abstnct costs rnsonablp incurred or paid at any time by the ~lortsa6ee becaux of tAe failure on the part of the Mortaa~r tu pe~fonn, mmply vvith and abide t+y each and erery the stipulatN,ns, aareements, cunJitions and corenants ot said promissory nute and this deed, or either, and evety such pa~ment shall bear interest from date at the nte of te/~ (10`,~) per centum per annum. (e) It is further convenanted and a`reed by said parties Ihat in the event of a wit being instiluted to foreclox this mo~tgage, the Mon- 6aaee shall be entitled to apply at any time pen~ii~ such foreclusure wit to the rnurt having jurisdiction thereof for the appuintment ot a receirer of a11 and singular the mort6a~ed propetty, and of all rents, incomes, profits, issues and tevenues lhereof, from whatsoerer source derived; and thereupon it is htreby exprrssly mnvenanted and aareed that the CouA shall forthwith appoint such receiver with the usual pow~ers and duties of receivers in like casrs; and said appointment shall be made by the ~urt as s matter ot strict ri6ht to Ihe Mort- gagee, and without reference to the ufeyuacy or inadeywcy of the value of Ihe ptupcrty hereby mort6aEed, or to Ihe solvency or insol- vency of Ihe Mort6agon or any othet puty defendant to suth wit. The Mortgagor hereby specifically vraives Ihe.right to object to the appointmrnt of a recei~er as aforrsai~i and heteby expressly conxnts that such appointment shall be madt as an admitted equity and as a matter of abwlute right to the Mortgagee and ttut the same may be done without nulice to the AlortgaEor. _ (f) tf fureclosure proceedin6s should be instituted against the property corered by this moriga6e upon any ather lien or claim whethrr allegeJ t~~ be superiot or junior to the lien ot this mott~a~e, the Mortgagee may at hu option immediately upon insiitution of such suit or ~ during the pendency thereof declue this mortga6e am1 the indebtedness secared hereby due and pa~•able forthwith and may at its oplion ~ procerd to forecbse this mortgage. ' ~ ~ ~ (a) Thst the Mori6sgor will keep aU real and prrsnnal property now ot hereatter encumbered by the lien ot this mortgage insured as may ~ be reyuired from time tn time hy the Mort6aEee against bss of fire, windstorm and other hazards, nswlties and continaencies for suc6 2 c ~ periods and tor not less than such amounts a~ may be required by the Mortsa~tee and to pay promptly when due all premiums for such ~ insuronce_ The amounts of insurance ~eyujred Ay the Murtgagee shall be the minimum amuunts for which said insurance shall be written ~ and it shall be incumbent upon lhe Mor~ga6or to maintain such additional insurance as may be necessary lo meet and comply full> with all ~ m-insunnce requirements contained in said policies to the end that the said Mortga=or is not a co•insuror thereunder_ Inwrance shall be ~ wTitten hy a company or companies approvrd or designated 6y lhe ~fortgagce and all policies and renewah theteuf shall be hetd by the Mortga6ee. All detaikd desianstions by the l?lortgagot whi.h are accepted by the Mortgagte and all agreements between Nort6agor and Mortga6ee relatiog to imunnce, nuw• eiistin6 or hereaftcr maJe, shall be in writing and shall be a part ot this mortgage agreement as fully u thuugh xl forth rerbatim herein_and shall gorern t~oth parties hereto and their succrswrs and auigns. ~io lien upon any of ssid policies of insurance or upon any refund or return prrmium which may be payabk on the cancellation or termination thereof, shall be aiven to ~ other than the Nortgagea eccept by proper endorsement atfized to wch pulicy and apprured by Mortgs`ee. Each policy of insu~ance ~ shall have affixed thercto a Standard New York Mortgsgee ('lause without Conuibution, makins all bu or bsses under such policY wy~ni~ e~ the MortaaEee as ita intnrrst may apprar. In tl~e evenl any sum or surtu of money Aemme payable thereunder the'Mortgaate shalt hare the optian to receive and apply the same on account ot the indebtednrss hereby secured, or to permit ths Mortga`ot to te- ' ' ceive and use it, ot any put thereof, wilhuut thereby wairin~ or impairin6 any eyuity, lien, ot,~i6ht u~der ~~d by v'vtue of this mort• ? ~ Ea~e. la e~ent uf b:s vr physical damage w the mnrtg~ge0 Qropefe ~.the ~fortgaaor shall 6ive immediate nr~tice thermf by msil to tht Mor16a6ee and ths Mori6a6ee may make pr~~f of los~f, ti?C ~mt ~s lkit made prumptly hy the Mort`a6or. In erent of forecbaute ot ~ ~ ' - - . ~ s~289 ~34 - - r~. ~ ~ ~ ~ F ~ f'='r.~ c~ ~ ' ' }~~,c~~~^ i~"`~.i. ~ . - _ . .