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Home My WebLink About0083 PROVIDED, ALWAYS, that If the Mort~,agor ahal! pay unto the Mort~a~ee tht irdebtedne:a evidaoced by a certa~ .Qromissory note of whkh the following in wocds and figures ~ a true copy tawit: , + R . /l~ ~~y~ry~~ ~ tt~ - ~ 1 975.00 ~ Fort Pierce Au ust Z, ~ S ~ Flc~ritla Q 3 19 i+~ ~ FOR VALUE RECEIVEU I promise to pay ' I tu the ader oi ~RCIA SIti10NOFF 3~ tlic pru~cipal sum uf ONE THOUSAND NINE HUNDRED SS,~V .ENTY F'jVE --NI~~_~ pp~,~~, j' together with intercst thcr~on f~um date at the rate of ten percent, per aluwm until malurity, Fwth principal and intetest being payable in law~fut mu~~y uf the Urtited Slates at ~244 Bisc•ryne itl~~d., ~1ian~i, I~IoriJa, ur at su~ uther place as thc holders hereof ` ~ maa~ designate in N•riting. Principal and interest payable in instaflments as (ullnws: THIRTY FIVE ($35.00) DOLLARS per month, for Chirry-five (35) j consecutive months on the ISth day of each and every month . r; beginning on the ISth day of November, 1978, and continuing until the ISth day of October, 1981, at which time the baZance shall become due and payable. . ~ j 'll~is nut~ ma~ be prepaid in M hole or in parl al any time up~M pa~ ~aenl uf a p~•ual~y ~yual Io ~iKfit prr~rnl oi 1he pru?cipal rum prcE~ard. E~eh i~ulaflmeel paym~ut ~hall Ir crrdited tirst un the in~;~rrs1 due. and ~hr rei~uineh•r ~.n priucipal; and inlemt ~iull thruupun ceaie upw~ ~ the princp~sl au crrdiled. . • The maken anJ rndor~rr. u( ihi~ nut~• furthr~ a~tee ;o aai~r demanJ, uutice uf numpa~mcnl aud prulrsl, and in li~e e~•Ml auil ~hall be bron~ht fur lhe ~dleetiun hereof, .Y Ihe vm~ hu to IK cullerled upu~ d~•n?and oi an atlwne~, tu na~ r~a.u~ul~le aUurnc~'s fees ior mal.int ~uch cdlertivn. ' f Iirferrrd pa) mei?L~ h~n•u~uler ~hall Irvr inlrreat at th~ n« of trn pe rr~•i~I prr anro~n? bu~u ma~uril~ unlil paid. 'Ih'u n~~te i• ~eeurrJ b~ a murtXa~c oi ~er~n datc h~rewilh ~nd ic tu be ~uu.INP~I ~IIII f1111Hf~•II ifCUllllll~ IU II1! I]N'S 11~ UlU ~I]If~v~ I'1tH71~?:upoe i' driault in thr p~?mcn? ~H priui•ipal and/or intrr~st ?.hcu da~•. thr hh~dc •u~u ul ptiu~ i rl and intere.t rch~ainiuS un aiJ .hall, at U?e opUun ot the 1~ h~Adeys. hen?m~ invaedi~lrl~ J~i~• a:~d pa~aLlr. , . j S~ cr-r<,._~,.r ~G~--r ' (SEAL) - (SEAL) ~ i Prepared by ~lanley H. ?pi.•lir. Att~ri~er-'_12;0 Itiv-a~nc BhJ., \tiami Fl~rida aed shall perform, comply with and abide by each and every the stipulstions, agreements, conditans and covenants of said 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 agees: (a) To pay all and singular t he principal and interest snd othet sums of money payable by virture of said promiuory note and this deed, or either, promp[ly on the days respectivety the same aevertlly bernmes due. , (b) To permit, commit or :uffcr no waste and to mainiain the improvements at ap times in a stste of good repair and rnnditan, and to do or permit to be dune to uid premises nothing that will alter or chaoge the use and character of said propetty or in any wsy impa'v or w•eaken the security of fhis mort6age. And in cax ot the re(uul, neglect ot inability of the Mort6s6or to repait and maintain said propetty, the Mortgagee may, at his option, make such rcpairs or cauu ihe same to be made, snd sdvanct moneys in that behalt_ (c) To pay afi and singutar the taaes, asusunents, levies, liabelities, artd obligations ot every nature on ssid described property each and every when due and payable according to law, before they become deliyuent, and to deliver to the Mort6a6ee on ot before March 1 Sth ot each year taz receipts evidencing the payment bf all lawfully imposed taxes for the preceding calendu year;to indemnify the Mort~a~es upon his demand for alf taxes, assessments and charges that may be assessed upon tbis mort~age on the indebtedness secured hereby, and paid by the mortgagee, without regard to any law heretofore enacted or he~eaftet to be enacled imposin` payment ot the whole ot any part thereof upon the Mortga6ee. (d) To•pay all and singular the costs, charges and expenses, includin6 lawyers' tees and absiract costs reasonabty_incurred or psid at any time by the Mortgagee becauu of the failure on the pa» o! the Mortgsgor to perform, comply with and abide by dch and evety the stipulatans, asreements, conditions and covenants nf said ptomissory note and this deod, or eithet, aod every sach payment shall beat interest from date at the rote of tet~ (10~,) per centum per snnum. ~ (e) It is further convenanted and agteed by said parties that in the event o[ a suit being instiluted to foreclose this mort~age, tht Mott- gagee shali be entitled to apply at any time pending such foreclosure suit to tbe murt haring jurisdiction thereof for lhe appointment of a receiver of all and singular the mortga6ed property, and of all rents, incomes, profts, issues and revenuu thereof, from whstsoeret source derivsd: and theteupon it is hereby eaptessly oonvenanted and sareed that the Court shaU fonh~+tith appoint such raeiver with tAe ~ usual pow~crs and duteea of receivers in like nxs; snd ssid sppointment shsU be made by the oourt as ~ matte[ ot strict ti~ht to the Mort- gsgec, and without reference to the adequacy or inadequacy ot the value of the property Aeteby mort~ed, or to the soMeacy or intol- vency of the Mortgagors or any other puty defendant to such suit. The Mortga6or hereby specificatly wsives the ri~ht to object to the appoiaiment o! a receiver u atoressid and hereby expressly conxnts thst such sppointment shaU be made u an admitted equity and as a matter of absolute righl to the Mortga6ee and that the same msy be done without notice to the Mort~aQor_ (f) It (oreclosure proccedings should be instituted againu thc property covered by this mortfsse upon any other lien or claim whetha alleged to be superar or junior to the tien of this mortgage, the Mortgasee msy at his option immediatety upon institution of such suit or during Ihe pernlency thereof declare this mortgaae and ihe indebtedncss secured he~eby due and payable forthwith and may st its option proceed to foreclose ihis mertgage. (6) That the Mortgagor will keep aU real and perwnal property now or hereaftet encumbettd by the lien ot this mort~aie insured ss m~y be required from time to time by the Mott6aEee against bu of fire, windstorm and other hazards, casualties and eontin=encies for suth periods and fo~ not leu than such smounts as may be required by the Mortaaaee and to pay promptly when due a11 ptemiums for such iosurance. The amounts of insurance required by the Mortgagee shall be the minimum amounts fot which uid i~sutsnce sfiall be written and it shall be incumbent upon the Mortgagor to maintain such additanal insurana as may be necessary to meet and comply tully with alf co•insurance requ"uements mntsinrd in said poticies to the end that fhe said Mortga~or is not a co-insuror theteunder_ Insurance tAaU be written by a company or companies spproved or designated by the Mortgaaee and a11 policies and tenewals thereof ifull be heW br the Mortgaaee. All deuiled designations.by the Mortgs6or which are accepted by the Mort~asa and all s`reements between Mott~or and Mortgaaee «lating to insurance, now e:istina or hereaftet made, shsll be in writin6 and shall be a part of this mort~e a~reement as fullr u though ut forth verbatim herein and shatl `overn both parties hereto and their succeuon snd sssi~ns. No lien upon any of s~id policia of insunnce or upon any refund or return premium which msy be payable on the csneellation or termfnation thaeof, shall be `iren !o other th~n the Mortgaaee, excepl by proper endorsement affized'to such policy and apptoved'by Mort~a~ee. EscA policy of insuranee shall have atfixed thereto a Standard New York Nortgagee Claux without Contribut'an, makina all bts ot bstes under suth polity psyable to the Mort6agee as its interest may appear. tn the event any sum or sums of money Dernme psyable thueunder the Mortp~ee shall have ths option lo receive and apply the same on account of the indebtedneu hereby secuted, or lo petmit the Mort{~~w to re- ceire and use it, or any part thereof, without thereby waivin` or impai~it?= sny equity, lien, or ri=ht under and Ar vinue of this mort- 6ata. (n event of bss or physical d~mase to the mortsa~ed property'the Mort~a~or ihall ~ire immediate notice ihereof by msll to tlie Mortgi~ee and the Mortaagee may make proof ot loss if the same is not made promptly by the Mort~a~or. In erent of forecbsurt of • . `':D..?Q4 t.~ ~3 _ - ~ - - - - - - - - if- ~ ~ '~Su4~ - -ef~ ~~h'F` , S`~.L -.y _ L~'~= . ~.:..y~ ~ r -.u-. ~ t~~• . , - ':`:~'xr"'~"'~~"-'n~_a3.~S~"~"`~ kt. _ . ~ ti M ~ ~ . . . _