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Home My WebLink About0407 PROVIDED, ALWAYS, thst it the Mongagor shall pay unto the Mortgagee the indebtedness evidenced by a artia pmmissory note of which the [ollowing in words and figures is a t~ue copy to-wit: ` ~~a~ ~25 _ 00 ~ For~ Pierce - Florida JLIl~.-.-. tf ' 's S FOR VALUE RECEIVED WE~ iu,T intl_yL and severallX promi~e lo p~y ' ~o of ROBERT F . BICKEL ~ the principai sum o! ONE THOUSAND SEVEN HiJNDRED TWENTY FIVE --------NO/100 _ pp~~RS, to~etha with interat thereon irom date at the ate oi ten percent, per annuro until m~turity. both prindpal aad interat banj p,syaWe ip lawtul money ot the United States at 2244 Biscayne Blvd, Miami, ~lorida, or at wch other place as the hdders hereof may designate in writing. Principal and intenst paysble in instailments as foUows: FORTY FIVE ($45.00) DOLLARS per month beginning onthe 15th day of September, 1978, and continuing on the 15th day of each and every manth thereafter until paid in full. 1Li~ aote may be prepaid ia whde or ia part at awr time uPoa W~nneat of a penalqr equal to ei~t perce~tt of tl~e priac4~ ~ M~/~ ~ E~eM irtall~eai pa~~t ~hall 6e crcdited [6st ow the iaterat due. aad tbe eetaainde~ oe priaelpah aed Mteeat rhap d~en~ow taw ~/ow tbe pei~elPa1 w endited. '11~e ~aken and endonen ot thb note fu~ther ~~ree to waire danand. aodee oI noa-payaAent and protat, awd M We erewt wtit JaM M iro~t tb~ the edlaetiow hereoi. or t6e wne Iw to be eoUeeted ~poa deiwnd ot an attaner. to pay reasa+able attorae~'Y tca tor maici~ wei taieetlo~. p~[a~d piY~ewts hereundex ahaq bear interest at tbe nte ot tea pereent per annum Gan a~atwitr uaW paid '1Ujs note i~ ieewed br a aort~s~c of ercn date herarith snd is to be taut~ued and eaEaeed sceordin~ to N~e la~s at the State et Flaridr ~ow d~~ {u tbe ~qpatmt o( prineipal aadlw iotaest xhen due, the ~rhde w~s ot priacipal aad intereat ce~aiaL~ rwpid ahall, at dk optiow oI d?e hdd~n. beeaoe fsmedi~tdr due sad paYable. , S (s~?~) _ s ~ ~r, o . ~GIJ . ~.~l~~o~l t' ~s~?t,) PKpared br Sadey H. s~~, ~u~orn~y- 22w ~rpe stra., Miao~i Flaida and shal) perform, comply with and abide by each and every the stipulations, agreements. rnnditions and covenanis of ~aid promissory note and of this deed, then this deed and the estate thereby created shall cease and be nul! and void. 1. The Mortgagor hereby covenants and agrees: , (a) To pay all and singular the principal and interrst and otAer sums of money payable by virture oi said promiuory note anJ this dred. or either, promptiy on the days respectivriy the samr serrraliy becomes dur_ (b) To permit. commit or wtfer rw v~~str and tu mainlain the improveme~ts at all tirtins in a state of gooJ repair and rnndition, and tu do or permit to be dune to said ptemises nothing that w•ilI alter or changr the ux and character of said propert~~ or in any way impair or ~+raken the security of this moAgaae. And in case of the refusal, nrgtect or inability of the Mortgagur to repair and maintain said pruperty, the Mortgagee may, at his uption, make such repairs or caw! the same to be made, and advance moneys in that behalf. (c) To pay all and singular the ta~es, asse,ssmmts, levies, liabilities, and oblig~tiuns of every nature on said deuribed property rach and every when due and payable accordins to taw•, before they become detiyuent, and to deliver to the Morl6aEee on or before ~farch I Sth oi each year tax receipts evidencing the paymmt of all laafully imposrd taxes fur the preceding calendar year;to indemnify the Mortgagee upon his demand for all taxes, as:essments and charges that may be assessrd upon this mortga6e on the indebtedness securtd hereby, and paid by the mortgagee, without regard to any taw heretofore enacteci or hereafter to be enacted imposi~ payment of the whole or any par! thereof upun the Slortgagee. ~ (d) 7o pay all and singular thr custs, chatgrs and tapenus, incluJing lawyers' fees and abstnct costs rtawnahl~• iacurted or paid at any time by the M~~rtgagee beraust ot the failurr on Ihe part of thr Slortgagor to perform, mmpl~ with and abi~ie by each and every the stipulauons, agreements, conJitions anJ cov~nants af said prumisuxy nole 3nd this deeJ, or either, and every• such payment shall bear interest from date at the nte of ten ( IO~c) per cenium per annum. (e) !t is further mncenantrd and agreed by said parties that in the ev~nt ot a suit being insiitutrd to forecluse this mortgage, the Mort- gagee shall be entitled tv apply at any time pending such toreclosure suit to the court having jurisdiction thereof for the appointment of a recriver of all and singular the murtgaged property, aad of all rents, incomes, profits, iuues and revenues thereof, from whatsoever source derived: and thereupon it is hereby expressly convenanted and agrted that the Court shall forthwith appuint such receirer with the usual po~n~ers and duties of receivers in like casrs; and said appointment shall be made by the murt as a matter of strict right to the Mort- gagee, and w•ithuut rrference to the adequacy or inadryuacy of ~he ralue of the prapert~• hereby mortgaged, ci~ to the solvency or insol- vency of the Mortgagors or any othet party dcfenJant to such suit_ The Alortgagor hereby specifically waives the right to object to the appointmrnt of a receivrr as aforesaid and hereby eapreuly consents that such appoinlment shall be maJe as an admitted equity anJ as a matter of absalute right to the Mortgagee aod lhat ihe same may be done without nutice to the MortEagur. If foreclosure proceedings should be institutad against the property covered hy this mortgage upon any other lirn or claim whether alleged to be superior or juaior to the lien of this mortgagr, the Mortgagee may at his uptiun immediately upun institution ot such suit or during thc pendency thereof decla~e this mortgage and the indebtedness secured hrrcby due and payabte forthwith and may~ at its uption proceed ro forecbse this mortgage. (gt That the Mortgagur w•i11 keep all real and prrw,na! property now vr hereaftrr encumbered by the lirn uf this mortgage insuted as may he reyuirzd from time to time by the Mortgagne against k~ss of fire: NinJstorm and other hazards, casualties and contin6encits for such perads and fo[ not less than such amounts ~s may be rrquireQ by the 1~turtga6ee and to pay prompUy when due ati premiums for such insurance_ The amounts of insurance required by the Atongaaee sh~l1 be the minimum amounts tor which ssid insurance shall be v~Titten and it shall be incumbent upon the Mortgagur to maintain such additional insurance as may be necessary to meet and comply fully with atl co-insurance requirements mntained in said policies to the end thal the said Mortgagor is not a co-inwror thereunder. insurance shatl be w-ritten by a compa~y ~~r cnmpanies appruced ur designateJ by the ~lortgagee and all policies and rcnewals thereof shall be held by the Mortgagee. All delailed Jexqjaations by thr Mortgagot which are accrpted by the Mortgagee and all agteements between Mortgagor and Mortgagee relating to insurancr_ nuM~ ezisting or hereafter made, shatl be in writing anJ shall be a part of this mortgage agtetment as tully as though set f~>rth vetbatim herrin and shall gorern both parties hrreto and their succeswrs and a~signs. No lien upon anp of said policies of insurance or upon any retund or return premiurn which may br payabte on the cancellata~n ur termination therrn(, shall be Siv~n to othrr than the ~lortja~ee,;eiccepf by pruper enJorsement affised to such policy anJ approved by Mortgagee. Each policy ot insurance shall hare af~ixrd Ibrrrtn a Standard New Yurk blortga6ee Claux without Contributiun, makina all bss or bsxs under such policy payable to Ihe ~turtgagee a~ i1s intercsr may apprar. In the event any sum or sums o( money become payable thereunder the Morlga`ee chalt.have the optiun to receive and apply thr wme on acrnunt oi the indeMedness hereby secured, or to permit the Mortgaaw to re- ceirr and usr it, ui any part Ihrrrot. without thereby waiving or impairinE any eyuity, lien. or ri6ht under and by virtue of this mort- gage. In e~~rnt ot Mss or phy?ical Jamage to the miirtgaaed property the \lortgagor shall gire immeJiate m~tice thereof by maT to the ~lort6ager and Ihe :11~irtgagee may make pru~~f of tosc if ~he samc is not maJe prumpfly Ay Ihe 11lott6agor. In event of forecbsure of ' " soox 291 Pac~ 4~? ~ . r~~ ; - - - - ~ w ~ ~ ~ . , ~x aL ~~~`i ~ ° - -