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Home My WebLink About0706 « ~ PROVtDED, ALWAYS, that if the Murtgagu~ shall pay untu the Murtgagee the inciebtedness evideoced by a artsia promissory note ot which thP t~U~...~~o ;n words and ~gures is a true copy tu-wii: ' •.jlf:?l~R~l' .l~l-l(' S 4 550.00 F~rt Pierce__ F~~,;~;,_ June 29. 19 78 , t~OR YA(,u~~k,f~,J,VE.~) I promix to WY to Ib~ ~uJcr of ~~i' C K 1 . ~ the principal.um of -FOUR THOUSAND FIVE HLINDRED FIFTY --------------NO/I00 ppLLp~, tugether H•ith inteRSt Ihcreon from date at the rate of ten percent, per annum until maturity, both principal and interest being payable in I~w~ful money ut the United State. at 2244 Biscayne Blvd., Aliami, FloricL~. ot at such other place as the hdders hercot n~a~~ dr.ign:~~e in Nriting. Principal and interect poyable in instaliments ax tollows: ' NINETY FIVE ($95.00) DOLLARS per month beginni~g on the 1 15th day of September, 1978, and continuing on the lSth day of each and every montii thereafter until paid in full. ~ 71~i. nute ma~ I.e prepaid in whule ur in part st anr time upon paYment oi a pendlY equa) lo ei~t percent of the principal sum prcpaid. F~ch in~lallment payment shall tK credited fi~st on the intereat due, and d~e rcmainder w~ principal: aad intemst dull tbe~atpoo etase ~pon 1he principal .o erediled. • 7Ttr mal~~~ and ~nd.~ncevs uf Ihi~ nutr furtber s~rre to wai~e demand. notice ot non-pa~raent and p~utdt, and in the event suil ~hall be hrou~t tur !h~ t~Alrcti~~n hc~ti~t, ur Ihr wam~ has Iu be c~~llectcd upon drmand o[ an ~ttorney~ tu psy rcawnable auwne~'~ fees (ur mal,int sud~ cullect~on. [leE~vrni pa~ennstr herrue?~fer ~hall l~rar inlrreist at the nte ot trn paren! per annum irom maturitp unlil paid. 'Ihu no~e i+ atcund 6~ a mortgaKe uf e~rn dale herewith and ec to be tonstrued and entixced sctordini !o !he law~s o( tbe Sbtt of Florida; upon default in Ihr p~ymrnt of priucipal arwUi~r interc~t when duc~ the ~rhde am of principal and inlcnst remainin` unpaid ~all, a1 the optiw~ o[ the hdders. M~c~Kn~ immrdut~lY due aixl pa~aLle. ' • ~ ~ (SEAL) (SEAi.) Preparcd bY ~ta~de= H. Spieftr, Att~xney- 224(1 ftiscayne Eilyd., Miuai Florida ~ and shall perform, comply with and abide by each and e~rry the stipulations, agreements, condiiions and rnvrnants o! wid promissory note and of this deed, then this deed and the estate thereby created sha!! cease and be null and void. The Mortgagor hereby co~~enants and agrees: la) !u ~1;~)" JU ~nd eingular Ihr pnncipal and intrrrV ~nd uthrt ~ums ut munry payrblt h}• virturc uf vid pre~m~s~~ty rK~[t and this drrd_ ur ri~Atr, prumpU~ ~~n thr da}~c resprcli~rly thr camr ~rvrro0q hrcumrs dur. , (b? lo prrmit, cummit ur ~ufCrr rn~ Na~tr anJ ti~ mrintain thr impruvrmrnts at all times in r st•rtr uf guud rrpair and cunJ~uun, ~nd ~u d~~ ur permit to be donr tu ~id prrmises nothing that will altrr or change !hr u+r and eharartrr of said proprnc ur in any wa~ ~mpair or ~~rakrn the srcurity uf this mortgagr_ And in casr of thr tefusal, nrglrr! ur inability ut the \turtgagor to rrpair ~nd rtwinuin said Muprrty. thr Vr.rt~agrr may. at h~s up~ion, makr wcb repairs ur causr the same to br madr, and advance munr~s in that hrhalf. Ir) lu pa~ all and singular thr tate~, ai~r+~mrms, Ir~irt, liahditir., and ubligatiun~ nt evrry nature on tiid dexrihtd pruprrt) raih anJ r~rry ~vhrn due a~J pay3hlr according n. iaa, brf~rrr thry hrcome Jrliyuent, artd tn Jeli~rr to thr Murtgagre un ur heforr \larch 1~th ut rach ~rar ta~ recripts rv~drocing thr paymrn~ of all Irwfuliy impu~rd ta~es for thr prrceJing calrnJat ytar.tu mdrmmfy ihC \lurtga~ter upon hn demand for all taxes, a~cr~smrnts anJ chargrs that ma~ br a.seisrJ up~~n this rtwrtgagr on the indebtedn~s xcutad herrh~, anJ paid hy thr mongagrr, withuut rrgatd to any law herrtofr~re rnacted ur hrrraftrr to br ena.trd impe~sing pa~•meat o( the whule or an~ part thrrrui upon thr ~lurtgagre. Id1 pa~ all rnd ti~ngular Ihr cuctc, chargr~ and reprn~+, ~nclud~ng law'~ets' ter~ anJ ah~trait cost~ rrasunahh iniurred ~~t p:+?~1 at an~ [imr hy thr ~furtgagrr hr.ru+r ni ~he trilurc on thr p-rrt uf thr ~lurtg~gnr tu prrfurm, a~mpl} acith and ah~dr hy ruh ana! rcrtc thr +tiputat~~~nc, ~grrrment., cunJrtion? ~nd cuvrnrntc vf ~aiJ pn~misxrr>~ n~~tr rnd Ihiti Jrrsl. ~~r r~lhrr, rnd r~en such pa~mrnt sh:+tl hr.~r inlrrrst frnm dalr a~ Ihe rate uf tep ( 10': ) prr rrotum prr annum. (r) It is furthrr cumrnanteQ and agrrrd by saW partirs that ~n thr rrrn[ uf a wn hrmg institutr.l to forr.tosr this murtgage, thr ~turt- gagrr shall br rntittrd ~o applp at any timr prnding ~uih turcdu+ure suit tu thr c~~urt h:~~ing juris~f~ction thrrc.~f tur thr app~~ntmrnt r~f a recei~rr of alt and singular thr morigaged pru~rty. ~nd ~if aD rcnts. incumrs, prufitc, issue~ and rrvrnurs thrrrof, fr~~m wh~tsnevrr wurcr dernrd: and thereupo~ it is hrtrb} exprrssly cuncenanted ~rn1 agreed that thr Court shall furthNith appo~nt su.h rccri~-er with the - ucuat qn~rrs rnd dutir~ rrcri~rrs in likr rasr~; and +an1 ap~nntment shall hr madr hy thr cuurt as a mattrr of ctnct nEht t~~ the ~1urt K~Ker. ar~d without rttrtracr tu thr adrypat)' Inadryua.y of thr v~lur uf thr pruprrt~ hrreb~ murtg~grd, ur a~ the w~henr~ ~~r ~nv~l ~rn.y~ ~~f thr ~lnrtgagors ur any ~uhrr parly drfrndum 1~~ suih w~t. Thr ~turtgagur hrtrh} specifi~all~ N3~cre the nght t~ ob~rct t~r thr appu~nemrnt ~.f a rrce~rrr afurrsahl and hrrcb~ exprrssl~ c~~utirntc that wch appuintmrnt ~hall hr madr ac an admitird rvuit~ anil a mrtlrr of ahv~lWr ~ight tu ihe ~fortgagrr -rnd thrt thr umr may be d~~nr w~thuut nuti.r tu thr \tu~tgagur. ~t G.rr.~le.~i~rr nrn, rrdmt~ ch~~u1J hr in+tilutrd aRri~st the pruprrty e~~vrrrd hy this murtgagr upun an) uth~r I~rn nr claim uhrthr~ allrgrJ tu hr wprnur ur junwr to thr I~rn ut ~h~s murtgaga, thr \lurtgager ma~ at h~s upunn ~mmeJ~atel~ up~ro mstnut~un o~ w.h ~ui[ u~ Jarin~ the pendrn.~ thereof Jrclarc thi~ m+~rt~ca~er and thr mdrhtrdnr~+ ~rcureJ hr~rhy Jue and payahlr torthu-tth an.1 ma~ at dti upti~~n pr„rred t~~ furrck.sr thi~ m~~rt~agr. (g? 1 h~t thr ~lortgag.~r wi!! krrp :~11 rral anJ ~xrv~na! prnprrt~ m>w ~~r hrrraflrr rn.umlxrrd b> thr hrn th~s murl~agr msurrd as ms~ hr rrywrcd frum t~mr tn t~mr hy thr \1urt~t3~crr ~~.umt 1~.~, uf firr. ~•~ndu~~rm and uthcr har.udc. .asualt+r~ and iunnngrnciector.u:h prrN~dti and for not less than tiuch ~m~~unt} a~ mey Ar rryuirrd h? thr ~lurlgagrr and to pa}' prumptlc whrn dur ~1! prem+ums fur su.h rmuraner. Thr rmnunts ..t ~nsurancr reyuirrd bp thr \lurtgagrr ahaU he Ihe min~mum amounts fnr .~hi.h ~aid m.urancr shall hr v~7ntrn and d.hall br in.umhrnt up~n thr U~~rtgagur to mainta~n wch adJ~IN~nal imurance r~ ma~ Fr nr:r~wr~ tu mee~ and cumph full~ w~th all r~~ imurance reyuiremrnte conl:~ioeJ ~n said ~:li.ies tu thr end that thr caiJ \turtg~gnr is not a:o~ineurr~r thetruoder. Insuranco sha!! he Nrrttrn hti a c~impan} ur .~rmprmr~ appru~rd ~rr dr.~nnatrd h~ thr ~tnrtgagrr :+nd all p~licirc ,~nd rcnrNak thrtr.d ~hall hn c~W h~ thr ~t~,rt~a~err :~11 drte~lyd dr~~gna~ium h~ thr \1urt~tagnr ~~h~ch arr ~ccrpl~d h~ thc \1nri~[rgrr and all agteementti betwcrn ~lurtgag~x and ~1~irlKa~err rrl~ting tri imurancr. ~i~~+ r~i~t~ng ur hrrraftrr mrdr. tihatl h~ in wnnri~C an~ shalt hr a~vrt a/ this murt~a~[e agrrrmrnt ai fulh a~ th~,ugh trt fnrth ~rrhaum hrrein and shell ~enerrn hoth partir~ hrretu an~ thrir wr~r+u~n and a~~igns. lien up.~n am of tia~d poluirs uf insurancr ~.r u{w~n any rr(und ur rrturn prrmium ~~'hich R1J}' hC (1:~)JhI~ un thr cJflll`IldUnfl or ~rrminatN~n thrrr~+f. .hell he gi~rn ti> nthrr thrn thr ~tnrt~rgrr. r~irpt h~ prupcr rnJur~rmcnt affirtJ to wrh ~x.liiq anJ appruvrJ h? ~lortgagtr. F~rh ~~hc~ of irouranir tF1:1II IIJ~Y effiirJ thrrcto a tilanJard Nrw~ Ynrk ~1~~rtKager /'Irucr «-ith~~ut l.'~~ntnhutN~n. makmg :1II A115 ot H.scea un.fer w:h pul~i}~ p.~~ahlr t~~ thr ~turtgo~crr .~c rt~ intrrrtit may rppear. In thr eveot any wm ~.r ~um~ ~~f munrr hrcumr p~~ah~z [hrreunder [he ~luttga~ee ~hall he~r thr ~~ptiun tn rrcr~~r and rpplc thr ~rmr un acc.~unt ~~f thc inJrhtrdrtrtiti hrrrh~ srcu?rd, ~rr !n prrmit Ihr HortgaEor to te ~r~~r,anJ u+r it. ~~r an~ pert Ihere~~f. Nnhuut Ihrrrhy Hricing ~~r ~mpainng eny r~~udy. lirn. ur reght unJrt an.1 h~ ~~rtur nt ~h~~ rcH~rt ga~cr. In r~rnt uf I.rtiti „r ph~~~aal ~l~m.ytr h~ thr murlg~~rJ proprrtc Ihr \t.~rt~;ag~~r ~hall ~C~~r ~mmeJ~atr rn~t~cr thrra~T h~ mai(lu the tit~~t~gagtr erd lhr ltirrtg.~Krr ma~ make pr~~uf In~. ~f thr vmr nnt m,~Jr (~rumpth hp thr 1lnttgr~t+~r In r~rM of (otrcM~~ute ni , . t. Y.~ I Of ~ JL'. ~rt7~) N,11.? ~~~T~ < - _ - - fi ~ > , ~ ~ ~ 4 - _ " ~ - - - - 2'-_i~ _