HomeMy WebLinkAbout0404 PRAVIDEn, AI,WAYS. thu ~t th~ Man~~sor ~h~ll pay unto the Mort~~~ee the indcbtedness ev~dcnced by a
ce~~~~n ~an~+?~r~~ note ~f wh~cA the tollo~r~n~ ~n wo~ds ~nd f~~ucet ~t ~ ttue copy law~t
_ " i~l ~ dlo~e
~ 5.925.00 Fort Pierce F~~d, July 12, ~9~ 78
FOR VALULUCILLE~I~L~~ j~~x and severally pro„d,e eo pay
to the otder ot
the priacip~l wm of FIVE THOUSAND NINE Hl1NDRED TWENTY FIVE -------NO 1 0 ~LU~.
to~ether witb int~rest-thrreon from date st the rate o! tea percent, per annum untl! maturity, both principal aad iaterat beia= ;
psyaWe ia lawful money ot the United Stata at 2244 Biscayae Btvd~ Miami~ Florida, or at wch other plaa as the hdderi hercot
may desi~nate iu writin=. Principal and interest Payabk ta instsllmenb as toUows:
t
ONE HUNDRED TWENTY~FIVE ($125.00) DOLLARS per month.beginning '
on the 15th day of September, 1978, and continuing on the 15th
day of each and every month thereafter until paid fn full.
il~ ~ote ~ar be prepaid in whale or iw fsrt at aaf tM~c ~poa Wrsa+t ot a Pe+~a14 e4ua1 to d~f pera4t ot We N4eipal wu~ peraW,
E~d~ iwtsY~ew! paYweat ~hall be aedited tint aw the 5te~at due, aad Il~e romaiwder o~ ~tincipd; ~ai iwteeert iaY ~o~ a~M rp~
• t6e p~incipal ~o uedit~i.
71~e e~alcas and a~done~s ot this aole 6~rtha sgee to wshre danand~ nolio~ ot narparsent ud proWt~ ~ai iw dK awwt w1t ~baN M ~ro~t
ra uk ~ue~ao. s~t. a a~ ~ b.. c~ i. ~o~~a ~pw, ae.~ ot,. u~«~r. w p.r ~,oA.w.na.er~ cee. ~o...taes.~ ~ae~noa
Detarrd psrsents hereunda dup be~r Mtaat at We ate ot ta~ pareat per a~nur trom oat~ritr u~til paid.
~ 771+i~ wote b~eeured by a a~ortpte d erew date I~uexid~ aod is to be eoastru~d aad eataeed aooo?aiai to t6e laws o[ We Sfate ot Florida; ~
detault iw tbe papaeat a[ principal aad/or iaterest .rhea due, tAe whde ws ot p~iseipai aAd iuterat rtssia~ ~np~id ~aU, at tbe opdou o[ th~
~ haidas, beoane bmoediatdr dxe ard parabk.
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1 Pre~a~ed br Su.ley H. Spiela. Auorner- 2240 Bi,carac B1rd.. Miao~i EtaWa )
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and shsll pe~form, comply w~th snd abide by each and evety the stipulatiops, a~reements, conditions and rove-
nants of sa~d p~omissoty note and of this deed, then th~s deed and ihe estate thereby creued sh~ll ce~se and be
null and vo~d.
The Mort~ator heteby covenants and a~rees:
la) To o.r all and s~n~~l~r tAe p~ecipal ~nd ~nurest sM otAer fYT~ o( inoney p~yablc br r~tcue ot sa~d proen~ssay nolt and ~A~s
deed. a atAtr, powptlr on iAe d~Ys resPec~~velY iAe san~e sererally becanes due. '
Ib1 To ~ers~~. carrw~~ a s~lter no ws~e aed ~o ieuma~n ~hc ~mpovcments at all as~es M~ st~te of {ood rep~~r ~nd condu~on, ~nd to
do or p~~~t ~o ~e Oowe to ~~~d prt~aea noth~n~ tA~t ~~11 slter w cAan~c Uie use •nd cAu~cter of sa~d poPerty or ~n ~ny ~raY ~mpav a
.eaken Me sec~u~tr of ~A~s isw~p~e. And ~n cast of the refusal, ne~lett or ~nas~li~r ot tAe llort~a~or io rea~r ~ed w~~n~a~n a~~d o?oper•
~y, ~Ae MatN~ce waY. a~ A~~ oPt~on. isakt s~th rspus a t~use the s~n~c to se nude. and ~dr~uce n~oeeys ~n tMt beh~l(.
lcl To o,r •11 •n~ lIp~Ylit tAe ~sjs.t, assess~eents, lev~es. lub~l~t~es, ~nd oDl~~~t~ons ot erery n~tutt ae sa~d desc~~bed poper~y t~th
anA e•srr rAen dre ~ad py~01e ~tcpd~n~ to I~r, betae ~Acy become det?nqYCnt, ~nd to det~ve~ to tht ilat~a~ce en a before ~1artA
ISth of e~c~ rex Ha rtcs;O~s er~denf~ni tl~e o.r•en~ ~11 Isv(ullr ~sposeA qies fa the ~eced~s~ e~ltndar ye~r; ~o ~ndc~nify Us
Mort~~~ee ~ps A~s Jsw~nd /p •11 ~~aea, •.ses.uieets aad csu~es ~Ast rear be ~ssessed ~oon tA~s ~ort~~~e on the ~ndeb~cdncs: a~.
c~~sd AsrsAr. sed p~d Oy ths ~wrt~~~ee, s~~Aan~ rs~srd to.~ey I~r Msretolore en~cteA or Aerciftc~~o be sa~cted ~~oos~e~ aayseet o!
~Ae .Aole a a~7r ~n t?ersol yPan tAe 1Ao?t~asec.
. (Ol To ~y all ~e4 s~n~~lu ~At costs, char~es ~nd e~pcnaes, ~eelyd~e~ I~~yers' fets ~nd abstr~ct costs re~sonably ~ecurred er p~~d
any ~~ine ~y ~he I~tortas{et bsta~ct o( the f~~lure oe ~At part of tAe Mat~a~or to per(wm. complr ~~lh atW ~b~dt by t~cA ~nd every ~At
st~~wls~~ons. apseiwen~s. caW~tions and torenanu o! snd pornuswy note ~ed th~s dced. or •HAer. toA every s~ch~p~yment sAall bear
mte~est (rae d~~e it ths qte of tcn (f0i~1 per cenwre pcr snnwn.
1~ frrd~a co~resu~el ~M ~~rsd er s~id a~tis• tlNt i~ 1N s~e~1 oI ~ swt eei~ is~tit~ted to toteclwe tAi~ wortNie. tl?e Mori-
N{ee sh~ll Ys a~title~ W~Nlr ~t ~q ~iw~ eswdiu~ srel~ taeclos~re a~it to tAe caut i~~ia~ j~risdiction eAcreof for dee ~po~stwest`
e! ~ rseei~sr d~11 ~M iiiyrlu t?e ~o.t~~~e/ rro~erty. an/ o( ~11 rests. iaco~ei. rrefiu. i~sds~ ~wd re~eare~ tAsreof. trow .hauoe.sr
sorres dsn~ed: uw t?srs~pa ~t i• Aersbr ~aRs~~lr core~tN ~ed ~~rsN W~i ~Ae COrfl {L~II ~OtlYrl{I~ ~/~p%OI ~YCA f!Cl1~~t ~IIA
We ~uwl p+~ra ~~i ~o[ie~ ef reeeivsr~ in like c~~c~; ~nd ~~id ~peintwenl sAal! bt ~1s ?r tse cowl u a~atter of ~~rict ri~l?t to
~Ae ~fat~~~et. Md +~dwrt ~etereece ~o tAe ~/e«ucr a in~dswaclr o( tAe ~~Irt of tUs ~opettr hercer wat{~{ed. or to iAe solvencr
or iea~l~s~er o( tM MortN~a~ a~ay odtu }utr Asfeudsat to sweA srit. 71?~ 1~1ort~a{er IWetebr ~MeifiC~llr ~~i~es We n~b~ to oA~ett
te tlet ~hoi~t~ce~ o/ ~ recsetia aa a/aesai0 aM berely ssps~ily cauent~ tA~t ~rcA ~yoiet~em rA~ll be ~e an ~d~~ned equ~t~
~na a~ ~~tte~ ot ~?iol~ts ri{h1 to We MortN~ee ~aA tA~t the suie u~r bc done nthont aotics to the Mort~~~or.
(f) If foreclo~rrs orocsNiap ~AonN ?s institrtsl ~{~inst ~As oroosn7r eeversd 6~r d~i• ~a~tp~e ~pia ~ar oWer lien a cl~~ni.hetAer
~tle~s~ to be i~rsnor or jwior ~o d~e lien of tAi~ ~aya~e~ the Mortsa{ss ~r ~t A~s o'tioa i~esdhtelr ~
'011 IAl1llYltpl O~ lYC+1 lYtl
a Iwiuj ~As ~snOsxr t?srsof dect~re [~u ~~ja~s ~M tMe iadebiedn~~s •ecureA Asreer d~t ~nd o~r~elc forth.~~h ~nd m~y ~~,ia
or~~eu ~«e.e ~o ro.scie.s a„ .«4.~~.
TAat Ws Mott/aao~ ~ill keq ~Il rs~l ~wd oer~owal Oro~ertr ~ et 6src~fter s~cw~stN by tMe I~en o( Uiis ~ort~~~e ~ns~rcd as s~y
~e rewirN frei tiie q ti~t ?p tit 11srt~Ke~ wi~st le~~ ~r tire. ~iadaion aM wLe~ A~auda. c~swlUes ~nd coe~iuasncies ta s~ch
/sr~els aN (a ~a les~ 1Y~ ~rcA ~~ow~~~ ai M~r N rew~red br ~Ae Yo~yysc to Mr ppyllr +rAsn dYe ~11 Ort~~w~s fa ~rcA
iearru~cs. TA~ ~~eMt~ d irrrqce rquire0 q Vs Mata~ase s6~11 bs tAs wie~iww ~wo~wt~ fa ~A~eM ~nsrnsce sA~ll Ae ~nttsa
uN rt sl~~11 Ye ~ae~Ms~t waw tl~e Merqa~a a w~ist~u? ircA N/i~~on~l i~~~rNCS w~r se ~ece.sur ~o .ee~ .ee co~o~r r~ur .,,u~
~II co-~uwu~cs rewirew~~t~ ceat~isd i~ sai~ pliciea to tA~ sM ~hat Ms ~aN 11art~a~at is eet ~ ce-ini~or t4ersrnAer.lnswanct
~Mall N nitta ~ e~y~~~ er eoyMis~ ~Mrw~f a~e~i~ucst Yr tAs Mat~y~~ ~M ~11 pta~s~ uN n~s•~f~ ~rea( ah~l1 be Aeld
b tM 11w~iyss. All N~aitd ~ssiWtiM~ yr tY~ 1~lonp~a ~~eA ~n ~cee/tN M~ Muya~ss uN ~11 yrssws~q Nt.s~a MatN~w
~w/ Mat~a~~s ~sl~~~w~ t~ in~w~~ce. ~o. ~aistiy M Asr~~fta *Nt. ~It N in ~ni~iy ~M d~ll ~e ~ Nn of ~\i~ watN~s yresw~~~
r.~~r ~o~ .e~ r«a ~~rY~ti~ Ae~s~~ aN aAal1 p~sn ?a! pni~~ Aento aw/ ts~ir s~cesaaaa ~N ~i~i~e~, Ne lie~ ~~ew ~nr ot
s~N plicis~ ef i~awMes w pw ~Mr refwN er r~qus Ke~iw ~Aid My ?s Mr~Yle os tM~ c~~esll~tion a ~erwis~~ios ihereo/. aA~ll
~s ~1~ea t~ etwer ~su ~Ue 1/~rtN~ss, sRCSN !r ~re~sr se/wi~ws~t dfiaN te ~~eM pticr uN ~NrorN ~r Mot~~~~es. E~cA ~ot~cy ot
i~awa~c~ aAall A~re aJtiaN tl~s~et~ a St~~r/ Ne~ York Mortq~te Cl~ws .~tAw~ Co~uiMaae. Mki~ ~11 loss a los~es wWer srcA
plicy MyNls ~e ~s LfeftMp4 q ~q in~crest w~y ~Mtr. 41 t~s e~qt a~ srw a swr o( wonsy letewc Nr~?le thsterndcr tAs Ma~.
~~{ss ~11 M~~s Me e~R~w q rKti~s ~~f •Mlr t~e ~Nt a~ ~eee~wt e! tMs uwsieern.ra Asrs~r .scrree. or ~o rerw~e tAe Nnn~a~a
Ie rsce~ve ~M w~ ~t, a uyr Nrt d~ereof. .itAwt O~trsYr .~ivu~ ar ~~u~u~ .•r sw~tr~ lie~. a~~~A1 w~dsr ~nA er vutre of th~s
Ar~Ws. b svs~t of lo~~ a~Aysie~l dasu~e te tAe ~i~~~N ~orertr tAe MonN~a .~.n ~~.e ~~.~..~~.~e ~a~ce ~krc~r sr ~a~i ~o
~ M~~Nt~s +~d ~1K ~brep~se Mf w~te poo/ oI los~ rl tAe ~s~c Aa u.de powNlr !r Me ~1ory.aa. Is e•en~ of (wsclosrrs o(
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