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PROVIDED, ALWAYS, that if the Monga=or shaU pay unto the Mort~a~ee the inde~tedneis evidsao~d b~? ~ oe~taiu
promissory note o( which the tollowing in wo~ds and fiaura ~S a true copy tawit:
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S 1 50.00 _ Fort Pierce Florida November 2~,, j9 J~_
FOR V:~Ll1E RECEIYEU _ ~1E~, ioint.l_y and severallv promi~e ~u pay
~hc Mder of HER~N M, LFVISON AND TILLIE iJ. LF.VISON,NIS WIFF
tl~r prin.i~~.il.uin ON~ T~OUSANLI EIC HUNDRED FIFTY ----------~----NO% I.UU OOLLARS.
1 tugether with intrn.t thereun frwn datr at thr rate of ten percent, per annum until maturity, both principal and intercst being
pa~able in lawfu! niu~~}• o( ~I~e Unitcd Siatrti at ~'J4 Bisrayne Bl~~d.. \tiami. Florida, or al surh other place as thc holders hereof
ma~• de.iLnate in ~~riting. Prinrip:d and in~rnxt p:~yabk in imtallmentaa~ folluv?.-
~ FIFTY ($50.00) DOLLARS per month beginning on the 15th day
of February, 1979, and continuing on the 15th day of each
and every month thereafter until paid in full.
l~hi~ •~ol~ ma~ lK- prepaMl u~ Nhulr u~ h~ pa~l at an~ lin?r uMu~ pa~mrol of a prualh ryual lo ~iR1~1 Furcrnl ot the prir.cipa) sum prepaid.
Farh in.talln~rnl {•~~mr~d .I~.JI Iw• r~rdil:d I~nl ~~a Ih~• inlrr~•l du~, and U~~• i~•nuimM-~ ~N~ pri~w•ipal; aud interewt ahall ~h~~revp~m c~a.r up~N~
~ thr priucipa! .o errJita~1. ~
4 11~~ mal.~n auJ enJur~•n uf Ihi. u~.~r Iu~11?~•r atnr lu ..ai~~• drn~and, m.~ice uf u~rrpa~mr~~t anJ prul~t, anJ in th~ e~tnl wil ~lull be IHUURi~I
+ f..r Ihr ~•~~1lerti~~n h~•rru(. ~rc Ihr ~m~~ ha~ In Iw~ t•~~Ir~•I~d up~w~ d~ouuJ of an aU~~rncy. lo pa~ r~a~~nal~lr aU~xnr)'~a (res fu? tna6iu~ wch ~dleeli~w~.
~ Iklrtrtyl pa) mrul. h~•n•u~~drr J~:JI bra~ iut. ~r.1 at Ih~• ra~r ol Irti pere~nt pe~ auuum 6ixn malurit) until paid-
I~lh tlolr ti~rrumJ by a tnurt~aY~ ~+i ~v~n dat~ h~T~Nith anJ i: lo be c.N~.1ru~J aud ~nforced aetordiu~ lo Iht law~+ of Ih~ titate of Florida; upon
i +1N~ull in U~~ p+>~~~ent ~~f priuc~pa) auJ .rt iulrn••1 NIN•u ~~UC. (FIC NIIOIP WIII u( p~nc~4?al and inte~e~t trmainint unpaid shall. al the ~~tiw~ of Iht
I~u1Jen, iwa.~n~e in?meJut.•h dur atK1 pa~ ablr. -
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~ PrrpateJ b) ~ts~dr? fl. ~p~rlrr. ,Ul~xar~-'_310 Niva~n~ 1il~d.. ~fiami Flurida
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and shaU perfonn, comply with and abide by each and every the stipulations, ageements, conditions and corawtb of :
.said promi~ory note and of this deed, then this deed and the estate thereby created shall cease and be null and void.
1. The Mort¢agor hereby co~enants and a~rees= ~
(a? Tu p~> _~nc2 v.i.;ul~r thr pnnripat an:i ~ntrrcs: and r,thrr ,um~ u( m~~ney payahlr h} ~'uture of sa~d promissory no[e and this dted, ~
~x e~ther, primptl~ vn thc days rc~pect~val~ tf~e samr st~ttall~ bt~i~mes Jur. }
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(hl f u ~rrm~t. ~~.mmrt ~~r su(frr ~u~ Nastr auJ tu m~intain thr improvements at all times in a sute of good repair and condition, srid to do
or permit to be dune to ~a~d ptamiste n~rthing that Nill altrr or change the use and chancler ot said property or in ~ny v~'ay ~mpair or
weaken t~e tiecurity nf this m~~rtgage. And in cace of the letussl, neglttt or inability of the Mottga~or to repair and maintain said ptoptrty,
the S1u:tadRrr may, at his npiwn, make such repa~n or cause the same to Fe made, and advsnce moneys in that behalt. L
(c) To ps~ all and t~ngular.thr taccs, assessments, Irvies, IiaN~litirs, and obfig~tiuns of every nature un said described property each and
! rvery when Jue anJ pa}.~hlr ac:or 1~ng to law, before lhcy become drliquent. and to ¢eGver w the Mortta`ee on or before March 1 Sth of ?
I ea:h ~rar trx rerr~pts r~~dencing tfie paymrnt of alt taw~fully imposed tazes for the precedins cakndar year,to indemnity Ihe Mortp~ee :
F up~~n h~s drmand (or all ta~rs. a~te~vnents and charges that may be asusxd upon this mort~ase on the indebtedness secuted hereby, and ~
~ • pa~d by the mortgager, r~~thout rrgard to any !aw heretofore enacted or hernfter to be enacted imposin6 payment of the whole or any >
~ part thrrtuf upuu ihc i.fotigaire. , ' ~ i
~ (d) To p~y all and singular the costs, charges and nxpenses, iaclu~iins ?a~vyen' fees snd abstnct oo~ts reasoaabty inewted or paid ~t anr
timr hy the !~tortgagee because of the hi0ure on the part o( the Mortpgor tu perform, oomply with and sbide br qch aad erery the '
stipul~tions, a6reements. ~rndilions and covenants ot said promissotY nolt and this deed, or eilher, and evety tucA p~fineM shaU bsar
interest from date at the rate ot ten ( IOiX~) ~er ceotum per annum.
(e) 1[ is turther con•enantrd ancf a;recd by sat3 puties that in the event of a suit bein~ instituted to toredofe tAb tnort~sae, the Mori-
6agee sha0 be rntitled to apply at any time pendi~ such toteclosure wit to the cou~t hsvina jurisdiction thaeot for /he appointment of
~ a rece~ver nf ~II and singular the mort~aged property, and of all rents, incomes, profits, issues and terenua t6ereot, trom whatsotrer
source derrvrd: and therrupo~ it is hereby etpresst> convenanted snd a~teed that the Court shaU torthwith appoiqt weh raeivsr with tht
~ - - - - ` • - - = ~ j : = z.r e _ _ -s:tar nt elrin {f~lft !a ~~le 4~~{R- .
Yfusi yVMCII ~i11u Nuilc~ ut ~<aCi~C~~ i~i i1w~ ~ui~i. ei:" iiS~ 3j%r~F~::S~:E:':~ a~:.s.Z c'a'3~ ~ - ' -
Easee, and x•lthout reterrnce to the adequacy or inadequacy of the vslue ot tht propetty hereby mortp{ed, ot to the soHener or inso)-
rency of the Nortaagors or sny othrr puty JeEendant to such wit. Thc Mort~a`or hereby specitically waives the ri;ht to object to lhe
~DD~~~ntment of a recriver u afor~aid and hcreby ezpreuly consents that such appointment shall be made as ao admitted equity and u a
matte: of abwlutr nght to the Mortga6ee and that the Samt may be Jont without notice to the Mort~ssor.
(t? It (orcclosure proceedings should be inuituted a6sinst the property covered Ay this mortp~e upon ~oy other lien or claim whether
alieged to be super~r or ~unior to the lien o( Ihis iaortga~e, the Mort~a~ee may at hia option immediately upon institutbn of:ucb suit w
dunnE the penJency thereuf declare this morlga6t ar~ the indebtedness secured hereby due snd parable forthwith snd msy st its optioa
proceed to fotecbse this mortgage. . •
(6) That thc Mort`a6or w•ill keep all real and personal property now or hereafter encumbered by the lien of this mort~e insured as a?sy
be reywred hom time to time by the Mort~aEee against bss o( firt, windstorm and olhet hsz~rds, cuwltia and ooetin~encies for snch
perinds and for not less thsn sucA smounts ss may be requ'ved by the Mortp~ee and to pay promptty when due atl premiums for such ~
~ insubnca The artwunts ot insurance required by tAe Mottpiee shall be !he minimum amouats fot whicA said inswsace shall be writtm
and it shall be incumbent upon the Mort~or to maintain suth additional insunnct as msy be necesssry to mset.and complr tull~ with ap
rn•~nsunnce requirements contsined in said polic~es to the end that Ihe said Mortp~ot is not a oo-irouror tAenunder. lnwrsnee siull be
~ written by a company or cumpanies approved ur designated by the Mort~ee and atl policies and renswsls thaeot fb~U Cs Asld by tM
Mortga`ea All detailed designations by the Mortgsso~ which-are ucepted by the Monp~ee ~nd all s~reemeats between Mort~qor ~nd
Nort6a~ee re{atina to imurance, now existin6 or hereafter msde, shall be in wtiti~ and shall be a ptrt of thif mort~e a~teement ss fuU~
ss thou~h sel forth verbatim hercin and shall ~overn both puties heteto aad their suctes~ots and atti~ns• No Ik~ upon ans of ~id poUtjes
of insurance or upon any refund or return premium whicA msy be payabk on the ancellstion or terminatan thaeof, shall bs ~i~ea to =
otha th~n the Mongasee, eacept by ptoper endonement attixed to such po6cy and spprovcd by Mort~ee. E~ch polier of iasuasnee ~
shad have affixed tAcrclo a Standard New York Mort6a~ee Claux without Contribution, makitK all bu or ba~es undet wch potier ~
Qsyable to the Murtsa~ee as its interest may sppcu. In the erent snr sum ot sums oi mo~y beoome par~bk tbatuadsr the Mort~~s ~
shstl hare !he option to rece~ve and apply Ihe ssme on sccount of the iadebtednas haebr secured, or to permit the Mort{s~or to n-
ceire and use it, or any pan tbereof, without thaeby waivint ot impsirint soy equity. Ikn, or ri~At uoder aad br virtw ot tbb awrf-
p~a In erent of bss w physical damsse to the mort~ged propsrly th~ Mort~or shall pvs immediate ootice thsteof br ma~ to Uw ~
Mort~s~ee and the Mort~saee mar make proof o~ loss if tAe s~me is not made promptlr br tbe Mott~or. U rreut of fasdosan of .
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