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Home My WebLink About0780 r • . lROVIOSD, ALWAYS, tlut U ttis Mat~ duU pq? uato tbe Mortjap tl~t iadebt~dneM eribeaad bp s a~tai~ pron~ory aot~ - ot rvhk~ tbs idlo~ ia ~ard~ wd tl~ura i~ a true copy to-wit:. v~~0'1 ~gR~B e/`~rf~ s 4.950.00 _ Fort Pierce F~~;,~ September 22 ~ 19 78 FOR VAL~1~~~~1~~1,~ d promise to pay to the arde~ of ~ u ~ the princiµ~l sum o[ FOL1R 'rHOL~SAND NINE Hi1NDREU FIFTY ----------------NO/100 DOLURS, to~ether with interest thereon (ran date at the rate of ten percent, per annum until maturity. both principal and interest beia~ payable in lawful mouey uf Ihc Uuitrd St~tcs a1 2244 liiscayue BIvJ.. Miami, Mlurida, or at such other plnce as the huiders hereoi msy designate in vvriting. Principal and interest payable in instalimenls u fdlows: ONE NUNDRED FIVE ($105.00) DOLLARS per month beginning on the 15th day of November, 1978, and continuing on the 15th - day of each and every month thereafter until paid in full. 'Ihis nule may 1?e prepaid in N hule or in part at any lime upon pa) menl o[ a prnally eyual to ei~t peroeal ot We p~incipil aue prepaid. ~Fach instsllmenl pa)~me~t •hall Ue credited fial ue the iMerest due, and Ihe rcmainder on principal; and inie?est ~haU liaenpon cea~e upow Ihe printipa! so eredited. The mskm and ~od~~rs~•rs o( U~i.. nut~ furth~r aKnr lu wai.e demaod, nutice of non•paymenl and protest, and in lhe e~ewl wil dvll b' btou~l iix Ihe edlettiun hercuf, o? the samr tiic Iu tx cdl~~tcd upun dema~~d of an alturney, to pay reasonaWe altoraey's tees (or malci~ s~el~ edleetiaw. - [kirrml paymenis hrrrunJer .I~all brar inle~est al lhe nl~ o( Ito p~rceat per ar.num fr~xn maluritY until paid. ~ 1 This note a securtd b~ a murlKaee of e~en date h~YCw ilh aod i+ to Ix coaslrueJ and enforced accotdin` to Ihe ta~rs o[ tht State of bloridr ~ow defaull in lhe pa~mcat uf principal am1Ax uit~YC~1 ..I~cn duc, Ihe whulc sum ui principal anJ interesl remainitK unpaid thall. at the optloA of tl1e I hdden. beewae immediately due aml pa~ aWe. . • SEAL) ~ •LC ~ ~ (SEAL) I ~ Prepared b) ~laulr~ 11. ~piclrr. A1t~KOC~-'.'.1'1U IGva~u~• IIhJ.. ~liawni EluriJa and s6a11 pedorm, compty vrith and abide by each and evrry the atipulatioas, ~ts, o~ditbns aad oov~enaab of srid promissory note and of this dad, then this deed and the estate theerby crated ahsll cea~! and be naN and ~roid. ' i<<. ~ 1. The Mortg~gor hereby covenants and agrees: (a) To psy all and singulu the principal and intcrest and other sums o! money payable by vurture of said pmmitsory aote aad this deed, or either, promptly on the dsys respedirely the same severally beoomea due. (b) To petmit, commit or su(ter no waste and to mainhin the improreme~ts at aU times in a state ot ~ood repair and condition, and to do or permit to be done to said prrmius nothin` thst will altu or chan~e the use and chu~ctet of said propetty or in aar vwy itnpair or weaken the security of this mort`a~e. And in case of tM refusal, ne~tect or in~bility of tbs Mortpjor to repair snd maiuuia s~id property, the Mortsa`ee may, at his option. maks such requs or earse the sfine to b~ ~ade, ~a0 sdvance woneys in tAu behdf. j (c) To pay all and siosulu the taxa, auessments, levies, liabilities, and obliptaws of every mture on said de~ctibed property ac6 and evcry when due and psyabk accotdin6 to law, before they become detiquent, and to deliver to the INort~ee on ot befote March 1 Sth of . each yqr l~x receipts erideacins tlu paymcnt of all lawfully imposed taaes for the precedins ukndu reu; to iadedlnity the Mortpjee j upon Ais demand tor all ta:es, asxssments and ehuses th~t may be asseued upoa this mort{a~e on the iedebtednea ~ecured hereby, and ~ paid by the mortsa~ee. witAout re`ard to any law heretofore enacted Qr berutter to be enade4 imposi~ paymeM of tAe wfiole or any ~ part theteot upontde Mortp~ee_ i (d) To pay all aod sinsula the costs~ char~es and eapenses, includin~ Iswyen' tees ~nd abstract cods rasoaablr ineurred or paid ~t any i time by the Mor[sa6ee because ot the failure on tde put of the Mort~a~or to perform, oomplr with aad a~ide by dch ~ad every ihe ~ stipWatioas, a6reements,_oonditions and covenaats of said promissory note and this deed, or eithu, aad evetp sutA p~rment s6aU beat interest from date at the rate of tet~ ( tO;Ti) per untum per ~nnum. ~ (e) It is further convenanted and s~recd by said psrties that in the event of a wit bein~ instituted to toredoie this mort~ue, t1x Mo~t- ~sgee shall be entitled to apply at any time pendin~ wch fweclosure wit to the court havin= jurisdiction thaeot for the appoiatment ot ~ a receiver o( all and sin=ular the mortpfcd property, snd ot all rents, incoma, pmfits, its~s and rerenues tAaeof. fwm whatsoerer source derived: and tdeteupon it b hereby e=ptesslr oonrensnted snd a~teed that the Court shap fotiMvith aQpoiOt wch reteirer witA tha ususl powers and dutiq of recciven in like caus; aod said sppointment shaU be aude Ar tbe ooutt as ~ matta of rtriet ci~ht to tAt Mott- p`ee, and without reference to t6e adequacy or inadeqwcy ot the value of the prop~My kerebr mo~t~qed, or to tAe sohsoe~ or inaol- rency of the Mottga~on or ~~y otha puty defendsM to such wit_ Tde Morlsa~or.hercby specificWr w~ines the risM to object to the appointment of a receiver as atoraaid and hereby expressly oonsenta tAat wch appointmeM shall be oude u an admttted squily aad u a ~ inatter ot absotute riaht to tde ll~lon~asee and that the ume may De done without notice to the A[ort~a~or. (n If foralosure proceedin`s should be instituted apinst the property oovered by this rtwrt~e upoa a~y other lien ot claim wbether alle6Zd to be superior or junior to the lien of this mort~s~e, the Mott~a~ee mar at his option immedistely upoa Lutitution of such suit or ~ durin~ Ihe pendency thaeof declue this mor~~ase and the indcbtedaess securcd hereby due and p~rable toRhwitA snd msr st its optbn proceed to (orecbse tAis mort6ase. ~ (s) TAst tAe Mort~ssor will keep atl resl and personal propertr now or haeafter encumbered by the lieo of this mort~e iawred as may ~ be rcqufred firom time to time by the Mortpaee apinst bss o( fire, windstorm ~nd othtr darards, cuuaftid aad oontin~encies for tuch periods snd for not less than such amounts ss msy be required by the Martpsee and to psy promptlr wheo due dt ptemiums tor-such ~ insursnce. The amounts of insur~ace requ'ved by tbe Mort~ee shdl be the miaimum amouats tor which sdd iruuraac~ ~hall be written ~ snd it shsH be incumbent upon the Nort~w to maintain such sdditional insurance as mar be necenary to meet sad complr fultr with a11 ~ oo-insunnce rsquiremeats conbineA in ~aid pollcies to the end tdst the iaid Mort~ot Is aot a co•iawwr thenunder. Iasuru~ce sh~ll be written by a mmpsny or aompanics approved or desqn~teA by the ilortpsee and all policies and tenewa4 tbK~of sAtU be held br the ~ Mortiasce. AII detaikd desisnations iry the Morl~Kor which ate accepted by the Mortt~oe ~nd atl aireemenb batweeo Motl~or aad ~ Mort~a~ee rebtirK 1o insunnce, now existin~ or heresfta m~de, shsll be in writin~ s~d ittslt be a p~rt o( tDis mort~s ainement u fullr as thoush set forth vetbatim herein snd shap ~orern both psrtia hereto and their suae~on ~nd aai~ws. No lien upon anr of ~id poliek~ of insunnce or upon any rofund or return premium which msr be psyabk on the ancet4tbn or termiaatbo thereof, shall be ~iven to ~ othet than the Mort~sEee, except by proper endorxment stfiaed to wch poGcy and ~pprored by MoRp~a. Eath poliqr of imunaee shap have •ftixed therelo a Standard New York Mon`a;ee Clause without Contributbn, rtukiu~ ~ll bss or b~ses uader wch poUer payable ~o the Mortsa6ee ss its interest msy appeu. ln the event any sum or sums ot moner beoome p~yable tAereunda the Mort~es sh~ll hs~e the option to raeive and apply the same on sccount ot tbe indeb?edneu haebr ucured, or to permlt tAe Mort~or to w ceive and ux it, or sny pan thereof, without thereby W.~~ or im~r~ .or eq~t~r, lien, or ti~ht unda and br virtue of tdb mntt- •pte. In erent of bss w physicd daq~aMw th~ mortss~e6 propcrir the Mort~aior shall ~ive immediate noNcs thsrwf by msil W t6~ Atort~y~ee and the Mon~a~ee rrtly rt~ske proof o1 loss K the a~me is not msde promptlr by the ?tort~or. In ereat of torscbsure of ~ ~'ooK295 p~~E'7?9 ~ { , _ _ -i,~ d~.~._ _ ar„~ """-.:.-L ~ ' ~ =4 _ ~~a ~ ` _ _ v~,. ~ . ' ~4 . ~h ~ ~~'Y