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Home My WebLink About0122 rROVIDED, ALWAYS, that if the Mort~a~or shaU pay unto the Mortga~ee the indebtedness evi0caesa b~r a oataiu promiMOry note o! which the tollowint in words and f~ures h a true copy tawit: . ~ ~r- - .,~lo:~yn~~ ~ ~~~~1~ S 3_~'~p Fort Pierce, ~.~,;~;a, December 22 , ~q ~ ~ f FOR VALUE RECEIVED WE~ ~jointty r~nd several ly promise to pay to the urde~ of ~NITA t1EHLER AND ROBERT MEHi.FR~ AS .lnTNT TI~:NANTS WTTH RT(;}jTS Q~ . SURVIVORSNIP ~ p~;,,~;~~,,,,,, THt~EE THOUSAND NINE HUNDRED SEVENTY FIVE ---------NO/10~p~~~, ` t~~gether with intenst thcreon irc?m date at ~he rate of ten percrnt, per annum until maturity, both prii~cipal and interest beu~s ; ~ payable i~ Iawful moixy of the United States at 2244 Biscayne Blvd.. ~fiami, Mlorida, or at such otl~er place u the holders hereof ~ i may devgnate in w•riting. Principal and intemst p•ryAble in instsUments as f~~llows: ' ~I EIGtiTY FIVE ($85.00) DOLI.ARS per month beginning on the 15th ; day of March, 1979, and continuing on the 15th day of each and every month thereafter until paid in ft~ll. , s~ ;i ~ This nule may !K prepai~! in whde ur in part at any ti~u. up~m pa~mrnt uf a proalty cytal tu ei~t pereent of Ihe principa) aum prepaid. Farh irotallmrnl paYment fhall l,r ercJi~nl fiat u~ U~e inlerest due. and U~~ rcmsind: r on principal; and interai ~hali Wereupun oa~e ~poa i f Ibe principal w e~eJited. . 71~e maken and rnduraen ut :his nute furW~r a~me lo wai~e demand, notiee of nun-payment and prolat, aad in the erenl wit shall be bou~t ' t i~>r Ihe eollettion hercot, or the +am~ has to be cdlect~•d upun dem~nd of an altorney, to par rcawnaWe attorney i teea for maki~ wch edleeGua. ! Ikferred paYmenls hereuuder ahall be~r inle~est at the rate uf tm p~rcenl per annum [rum tnsturity until paid. t Thu note is ururcd by a mwtpee ~?i ev~n .lale herewith aoJ n. tu ix ~onslm~d and ~niweeJ accordin~ !o tht IaMS ut lhe Slale o[ Rorida; upon i d~fault in the paymrnl ot principal arnl/r,r iuterrrt wl.rn due, Ihe whde sum of priiuipa) and inlernt n-mainin~ uupaiJ siull, at lhe option uf lbe 4 huldm. he.vme in~merlulrl~ due arn1 payabl~. ~ ~ cl-^"?' ' ~'`C'- GCl'?i.Lt~ { (SEAL) ~i S (SEAL) . ' Prepared G~ Stanley 11. Spieler. AU~Ka~~ • 2`_' [O &.ca~ ne ftlvd.. \li.mi Fl~rida 4 _ snd shall perform, comply with and abide by each and erery the stiQulstions, ag~eements. oonditlons and oorenaats ot said promissory nute and of this deed. then this deed anJ the estate thereby created shaU cease and be null and void. 1. The ~tortgagor hereby cu~enants and a~ree~: (a) 1~~ pa~ ~11 ered ~iuKul~r thr ~tnnup~l and intrtrsf and utlirJ sum~ ut muney payablr by virturo of ssid promissory note arxf this deed, ur ruher, pn~mptl~ no thr da>s rr+prct~~rty thc wme sr~rrally htaimrs due. . i~~ ~crmrt. c~~mtnrt ~~r ,utfrr n.~ Hastr anJ ~a m~~n thr ~mprovemrnts at all timr~ in a uate of goud repair and a+nditiun, and to do or ~+r~mrt t~~ hr d~~no t.~ u~d prcm~sr+ nn[h~ng tha! will ..:rr ~~r ;har.gr thr use and character of said prbperty or m any way ~mpair eu weakrn thr .r,unt> ~~f ttim m~nragr And in ;a~e thr tetu~al nrglect ur ineb~lity uf the Mnrtgagur to repair and mainhm said propetty, ~hr tifurt~egrr ruati ,.~t A~ti ~~puun, makr cuch repa~n or causr thr samr tn he made, and advance moneys in that behalf. ~ (c) In p+} e11 nnd tiin~eul~r thr [axes, e~~rccmtnts, Irrite, liah~ld~ac, and uhligations of every nature ~in saW dexribed property each and evrry ..hrn .Sur and p~~~Mr ~.rnrd~ng t~, In~~, hef~~rr thr} hrc~~me drliqucnt, and to del~rer to ~hr Mortgagee on or t~etore March I Sth vf ea~h >r~r tac r~cr~pt. r~~deniing thr prymrn~ of all Irw~tully imposcd la~e~ fur the prcceding calendar yeat;to indemm(y the Morl~agee ~ upun h~ti demend !ur el~ tacei. ascr~smrntti and chargrs that msy ~+r assesx~! upnn this mortgage un the indcAtedness secured hereby, and ~ pa~d h~ :hr murtgeger. r~itho6t rcgard tu any lavi hrretufurt enecteJ ur herrafter to he emcted ~mposint payment of the whole or any part thcrco( uM.n the Stortgagre 1 (d~ Tr, pay ell and cingular the c~~~ts, chargrs and rapensts, includ~nR lawyrrs' tres and aDstract costs reasonabty mcurred or paid at any limr by Ihe Mortgagee hrcawe of the failurc on thr part uf the !4lortgag~ir to petform, comply with and abude by efth and every the ` stipulat~vns, agreemrnt?, cund~t~ons and covrnants of said promissory note and this deed, or eithet, and evety such'payment shall bur ~ ~ ~nterrst from efate at the nte uf trp ( IU'k) per crntum per annum. ~ le~ It n furthrr convenantrd and agrced by ~aid parliea that in the event ot a suit bein~ instituted to foteclou this mort~a`e, the Mort- ~ gagee .hall hr cntiUed tn apply at any time prnJ~ng wch forecbsure suit to the court h~~ring junsdiction therrof for the sppointmeni of , a rrcuvcr r~('aU and s~ngular the mortgaged ptuperty, and ot all rents, incomes, prufits, issces and revenues tAereof, from whatsoever Y v~urce denvr,S: and Ihrreupun ~t is hrrrb~ ~xpressly convrnan~rd and a~reed that thc Court shall forthwith appoiot such reteirer with the ~ ueual po~ers and dut~es of receivtrs in likt case~: and sa~d appointment shall Oe made by the oourt as a msttet of ~trict ti~At to the Mort- ~ a ee, and wdhout rcferrnce to the ad~ uac or ~nade ux o/ the value of the ro ert hereb mort s ed, or to the solvene or insol- ~ B B 4 Y 9 Y P D Y Y E t Y ; vrncy of the Murtgagor~ ur any othrr party defenJant w such wit. The Mort;agor hereby specificatly waives the ri~ht to object to Ihe u app~nntmeM uf a recewrr a. afnrcsa't4 and hereby expr~sslp c~nsents that such appointment shall be made ss an admitted equity and as a mattrr of rANilutr right t~~ the 1?inrtgagee and that thr samc ma} he done withnut noUCe to the Mortga~or. ~ /f1 If inreclo.urr prr~errd~ngti ~h~~uld h~ inctituted aga~nst thr pruperty covereJ hy this mortgase u~n any otAer tien or cfaim whether ~ alleged tn be supern~r or ~um~x to the lien of this mortgage, the Mort6agee may at h~s option immedutely upon inst~tution of such suit or ;_Z dunng the pendrncy therenf Jrcla~r thn mortgage and 1hr ~ndebtedness xcured hereby due snd payable forthwith and may at its option = procerd to forecluse th~s mortgage. ~ fg~ T ha~ the ~1~~r[grg~~r wdf krcp all real and perv~nal prupetty now or hereatter encumbered by the lien of this mottgage insuted aa miy he reywreJ.from time tu timr by the Mortgagre aga~nst k~ss ot fire, wmdstorm and other hazatds, tssuall~es and conti~~encies tor such ~ ; prrN~ds and (~~r nut less than SUCA d1ilUUf11S d5 may bc requ~red by the Mortga6ee and to pay promptly when due all premiums for such ~ ~nsunncr. T:+e amuuntti uf insurance requ~rod by the Mortga6ee shall be the minimum amounts for which said insuranct shall be written and it shall be incum~ent upon Ihe Mortgagor to ma:ntain such pdditional insurance as msy be necessary to mett snd comply fullr wilh sll co ~nsurancr reyuuements conta~ned in said pul~cirs to thr end that the said Mortga~or is not a co-insuror thereunder. lnsursnce shall be _ vrntten by a company or cumpaoiet appro~'rd ur de+ignated by the Morteagee and a8 policies and renewals thereot ihall be held by the M~~rtgagee All detaikJ deiqtnalions hy Ihe Mongasor v~hich are accepted by the Mortsasee and all qreements bdween Mort:a=or and Mr~rtgagee relanng tn ~nsurance, nnw exuting or hereafter made, shall be in writ~ns and shall be a psrt ot this mort~e a~reement u fupy u fhough set torth verbal~m becr~n and shall guvern both parties hereto and lhei? successon and assisns. No lien opon anr ot said policies of insurance ur upun any refund or return premium which may be payabte on the cancellatan or terminatan lhcreof, shslt be ~iven to ;c olhe~ than thc Mortgagee, eKCept by proper cndvrsement af(iaeJ to such policy and approved by Mortp~et. Each policy of iruurance ~ shall have affixed thereto a Standard New Y~~rk MortgaEee Claux without Conlribution, maki~ all bu or bues under such poliey ' a~ble ~n the ~tort a« as ita ~nterest ma a ear. In itie event an sum or sums of mone Aecome a sble thereunder the Mort y{ V Y B 6 Y DD Y Y D Y NLa ~ shall have the ~rplion 1u recervc and apply the same un aceount of the indebtednesi nrreby tecured, or lo permit the Mortp~or to re- - ~ ceire and use it, or any part thereo(, withuut thcreby waivin` or impairin~ any equity, litn, or n~ht unda and by vittue of this mort- ~a`e. In event of Mss or phXs~cat damage to the mort6a'ed property' the Mort~s~or shall ~ive immedisle notice Ihereot by mafl to tM Mortsaaee and the Mortsaaee may make proof of luss if lhe ssme is not made promplly br the Mott~or. In erent of foretbture of ~ . ~ a G ~ * ' , g~~iK 3U1 PA~E ~,z z - ~ _ . _ _ _ _ _ _ ~ ~ j_ .a : - . = ~ ; ~~k. n ~ _ . . . _ . . z.~ ~ _ ~ . .