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HomeMy WebLinkAbout0658 i ` `_ti r ~ ~ . ; . L ~ PROVIDEO. ALWAYS, tbae U ths Mon~ ~haU pqr uua cbe Mor~y~ls tbe Yid~~ evW~nced bp a oartaja prom~ary aote of whkh the idlowins ia Mords and tl~ura i~ a true copy to-wit: p ' ..l~o?~~ra~e •!I c/E~ ~ Fort Pierce October 9 19~_ S 2~,17 S. ~0 Florida ~ FOR VALUE RECEIVEI) WE ~ jo int l.y anc~ R~vera l lyt, promise o pay ~ ~ to the otder a( JOHN TSllCALAS AI~ID MILDRED TSUCALAS , HIS WIFE THOUSAND ONE HUN~I~ED SEVENTY FIV~ ----------NO/100 pp~~~, ! ; the principa) sum uf ~ together v?ith interest thereoa from d~te at tl~e rate of ten perceut, per annum witii maturity. both principal and iriterest being r payable in law~ful mu~~~ uf the United St~tes at 2244 liiscayne Bl~d., ~tian~i, FloriJ~, or at such otlur piace as the holders hereui n~ay designate in veriti~~g. Principal and intcre.t payable in inslallnunts as toiluw.: FIFTY ($50.00) DOLLARS per month beginning on the 15th day of December, 1978, and continuing on the 15th day : , of each and every month ~hereafter until paid in fnll. i i x This not~ may !x prepaid in M hule or iu part a1 anr lime up~~n pa~meut o( a p~nally ~qua) tu ti~t petcenl oi the principal wm preptid. F~ch installmrnt paymrnt >t~all bc nali~.•d fint ~~n Ih~ inl~resl due, and the r~nwimkr un pri~cipal; and intercal ahaU thereupou eease upon ~ ; 1he priwc~pal so ercdited. ' The maAen anJ en~k~r~r. of ~hi~ no~r (m th~r aKnY to wai~~ JeynsnJ, notice uf ~on pa~n?ent anJ pwtdsl. and in the e~ent ~uit shall be broutht fur I~e ci~llrcliuu herrui. or Ihr ~mr ha, lu tx ~~~II~•~tod up.N~ d~•mand uf an rtlo~nry, to pay r~awnuLle attorne79 fers tor mal.inrt wch edleetioa. , i lk(erml pa~mrnts hereunder al?all brar iu~cr~.t at ~6~• rat~ ui ~cn prn•rnt prr annuw irwn ma~uril~ until p~id. 'Ibis oule ic secured by a mortzaK~• uf rs~n Jatr 6~Y~N ilh .~ud i lo !~r r~.n.trurd ~od enfornd x~urdin` to the laws uf thr State of Florida;upun ~ drfault io lhe pa)mrnl uf principrl a~nUor intcn•.l when dur. Ihe ehde wm of principa) anJ interest remainin~ unpaid shall, at Ihe option of We h~iders. betonu inm~~d'utrly du~ arwl pa~ abi~•. . - ~ ~ ~ • (sE ) ~ • _ ' ' - - ~--~+(SEAL) Pr~pueJ b~ 5t~oley fL Spirtrr. :~u~rn~~ _ 3'_'~30 tii.ca~ u~ lqvd.. ~liami hloriJa ~ . and shall pedorm~ comply with and abide by ach and every the stipulations, sgreements, oonditaas and oov~nants of said promissory note and of this dced, then this decd and the estate t~aereby created slull cease snd be null and void. I. The Mortgagor hereby covenants and agrees: (a) To pay a0 and singular the principal a~d interest aad otAer sums of money payable by virture of s~id promistoty note ard ihls deed, or either, promptly on the days respectirely'the same sevenBy becomes due. (b) To permit, commit or suffrr no ws~te and to maintain the improremenis u aU times in a state ot ~ood repair and conditan, and to do or permil to be dort- to said prcmius nothing t~at will alter or ehan`e the use and chuactet of nid ptoperty or in anr v~ny impair or wcaken the security of this moAgaae. And in cax of the retusal, ~e~lsct or iaability of the Mortp~or to repsir and maintaia ssid propertr, tbe Mort~a~ee may, at his option, make such repain or c~use the same to be m~de, and advance moneys in thsi behalt. (c) To pay all and sindular the hxa, ssussmmts, levies, liabilities, and obli~atans of rvar natute on ssid dactiEed property each aod ~ every wt~en due and payabk sccordina to lavv, before they become detiquent, snd to deGver to the Mortµ~ee on or belore Much 1 Sth of ~ esch year aa receipts evidencin~ the paymrnt oi stl lawtutly imposed uxes for the praedin~ pkndu year;to indemnftr the Mort~ee ' upon his demand for a8 tazes, assessments and char6es that may be asseaud upoa this aartpse on the indebtednea secured hereby, and ; paid by t6e mort6aaee, without ressrd to any law heretofore enacted or herdRer to be enacted impoaiK p~rment ot the whok or any = part thaeoi upon the Mort`s~ee. - (d) To pay aU and sin~ulu the costs, char~es and expenses, i~cludin~ laviryen' tees and ~bstraet costs rasombly inturred or paid at sny time by the Mortgaaee beuuse ot the tailure on the part of the I~lort~a~or to perform. oomplr witA aad ~bide br eich aad everr the stipulatans, asreements, conditions and covenants of said promissory note and this deed, or eithu. snd evar suM p~rmeat s1uU bear interest from date at the rate ot ten (IO~X,) per centum per annum. ~ (e) It is further comenanted and a~reed by uid puties that in the event ot a wit beins Lutituted to foredose this awrt~a~e, tde MuA- {a`cs shall be entitted to apply at any time pending such foceclosure wit to the couri 6avin~ jurisdidion ihereof for the ~ppointment of a receiver of all and su~gular the mortp~ed property, and of all rents, inoomes. profits. issutt snd teveauss thereof, from whatsoerer source derived; and thereupon it is hereby expressty mnvenanted and s~reed that the Court shall tortMvitA appoint wth receivet with tbs usual powers and duties of receivers in like eases: and uid ~ppoiniment shaU be m~de by the oourt ~s i m~tter ot itNet ri~ht to the INort- as6ce, and without reference to the adequacy or inadeqwcy of the vslue of the propsrty hetobr mortp{ed, ot to tbe soheaer ot law4 rency of the Morts~~ors or anr othet puty Aefendant to such wit. The Ftort~aor herebr spscificsllr w~nes the ri~M to objoct to the ~ appointment ot s receiver u aforesaid sod hereby expresdy oonsents that wefi sppointmerK shall Ae eo~de as an sdmitted equity and ~s ~ malter ot absolute ri`ht tu the Mort`~see ~nd that the same may be done without notice to the Irlortp=or. (n If foreclosure proceedinss should be instituted aaainst the propeny covered by tAis mortp~e upon any otAez liee or claim whether alle~ed to be superior or junar to the lien of this mort~a~e, the Mortpsee m~r at his optaa immedlatelr upon instkution ot such wk or durin6 the pendency thereof declue this mwtp~c and the indcbtednest secured heteby due and psyable foRbwith snd aur ~t ita option ~ proceed to forecbse tAis mott6ase. ~ (a) That the Mortjafor will keep sfl real and personal property now or haeaher encumbered by tde lien of this mort~~e inwred u may De required trom time to time by the Mortpses apinst bss ot fire, windstorm and other hszards, caswltia snd coatin~encies for sucd perads and for not leu than sucA amounts as m~y be rcquired by the Mortp~ee ~nd to par promptlr-when due aU p~emiums tor tucA insunnce. Thc amounts of inwrance requued br the Morip~ee shdl be the minimum amounts for which s~id insurance ahall be written ~ ~nd it shstl bc incumDent upon the Mortp~or to maintain such sdditional insunnce ~s m~r be neceasary to mett ~ad complr fully with stl ; ooansunnce requirements rnntained in said policies to the end that the said MoK~or it aot a oo-i~uuror tlNrwader. Inwraaes ~hall be ~ written by a companr or oompanies approved or desi6nateA by the Mort~ee and all polkies ~nd teaew~b thK~of s1u0 be deld br tAe ~ Mort~a`ee. Atl detaikd desisnatiom br the Monqaor which srt sccepted by tlfe Mort~kee and atl ~reements batweea Mort~ot aad Mortp`ee relatin~ to insurance, now e:istin~ or hereafter mde, shall be in writi~ ~AaU be a part of this aart~s s=nement u tullr • ; as thou`h u~ fonh rerbstim herein and shall sorcrn both puties haeto snd tAeir suaeston and assf~m. No lien opon any of nid polieies ~ of insunnce or upon any refuoA or return premium which may be psyabk on tht canullation or tetmination thaeof, sh~U be ~iren to ~ otha thsn Ihe Mort~asee, exeept by proper endorsemeot atfi:ed to wch policy and approred by Mort{a=ee. Each politp of insunnce ~ shall hare sft~sed thereto a Standsrd New York Mort~s~ee Clause without Contributbn, maki~ dl bss or bttes under such potlcr ~ payable Io the Mortpsee as its interesl may appear. In the e.~ent any wm or sums ot moner bewme parabta thereunda tAe Mort~ee shsp have the option to receive and spply the same on ucount of the inde~tedne~t has~r ~aured. or to ptrmk the Mort~~~or to ra ceive and use it, or any put thereof, without thereby waivin~ or impsitini .ny ~y~~ir, lien, or ti=ht under ind by virtue of thls moR- ~ p~e. In event of bu or physical dama~e to the mort~a~ed properly the Mort{s~w shall ~ive immediate notice thsreof br m~il to the ~ Mort~a~ee snd the Mort~aiee may make proof ot loss it the nme is not msde promptlr by the Mort~or. In e~ent of forecbsure of ' , d ~ _ ? 'a'•~ , i S T aY1711~~ r~ ~ :s ~ z; j~ ~ rs+ ~ - ' _ _ . . . ''~a. 3 ~.-~,~-*~'~_~r""'"4'~."=? =3.~~.~'~~ . f1"S-~ ~