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Home My WebLink About2827 t• t s,)l rs 1 V V v~/ PROVIDRD, ALWAYS, tllae•N the pohp,og IIhaA pay wlto toe Mottiyee the iadebttidacst eritt~aottl?p a artaia proNliNey Holt o! which the loUowiaS iw wonlt and li~tltra it a trot copy tawit: 21, 200.00 Fort Yi erce . _ FI,N;d, December 29 . 19 _.L$.. FOR VALUE RECEIVED WE , jointly and severe 1 lv .promise to ply to the wrier u! AARON WEICH AND LILLY WEICN,HIS WIFIs i i1 the principal wm ttf TWENTY ONE THOUSAND TWO HUNDRED - - - - - - - - - - - - - - - -NO / 100 - pOL~~, 1 tut,~ther with interest thereon frtxtt dale at the vale of ten percent. per annum until mstttrity, both principal and intttYSt beif?p h:q•ahle in lawful motley of the United Staff's at 2244 Bisrayne Bfvd., Miami, Fhtritla, or at such other place as the holders hereo! may de.igttate in writing. Principal and interest payable in installments as follows: L f' FIVE HUNDRED ($500.00) DOLLARS per month be~inninE on the 15th day of March, .1979, and continuing on the 15th day of each and ii every month thereafter until paid in full. 'Phis nirlr taay br prepaid in whok• rK at part at an) Iimc uprwt pa)mrnl of a prnall) e+ptal to eidtl percent of the priweipal suru gepid. ~ F~ch irotsNmenl payment .hall be twrlitert tint ern the inkrca due, and the tct»ainder on principal; sail iMeeeat shall thsteupow tease upas t I~r princqul .o erediterl. The makers and endorsers of this note further agar to waive demand, notice u( non•paymcnt sad protest, and is the event writ shall be trroudtt t t~K Ihr collection hereof, or the wne ha.: to he e.Jlectcd upon demand of an attorney, to pay reasonable attorney's ieq for making sttdt eotleMion. (kierred pa)mrnt~. hrrcunder Jtatl tzar intcrc.l at Ihr rate of ten percent per annum from taattuity until qid - j Thi. note a rerurrd by a mnrtRage of even dale herewith and i. to br cunatrurd and enforced secordin` to the laws of the Stale of Florida; upow ~1.•fau11 in Ihr q)mnrt .rf principal atnl/or intrrr~t when due, Iltr whole wtm .rf prinripat au~l interpt rcmainirq uagid shall, al the option of the hddrr.. become inunrdiately due and pa)aWe. r S y_A ~ ~ ~ ~ v cs~AL) S ~ - (SEAL) f'rrpared b) Jlswk) H. Spieler, Alturnr) - 2.&l0 lG..•a~ ne hhd., Miami Flunda L~ i and shay ptniotna, comply with and abide by each and curry the rtipillations, a~rarlalb, otHtditioaa sad eoaetxanb o! said promissory note and of this dad, then this deed sad the estate thereby crated shall cease and be null and void. 1. The Mortgpgor hereby covenants andagoetl:. (a) To pay alI and singular the principal and interest and other.sums of money payable by virtues of said promissory note and this deed. or either, promptly on the days respectively the same seretatly becomes due. 1 (b) To permit, commit or wffK ro waste and to maintain the improvements at all times in a state of good regi sail condition, and to do ~ or permit to be done to said premises nothing that vrill alter or change file use snd character of said property or is any way impair a weaken the security of this mortgage. And in case of the refusal, negltct or inability of the htortpgor to regr sad maintain said property. - . the Mortgagee msy, at his optan, make such regin or cause the same to be made. sad advance moneys in the bedalf. (c)~ To pay atl srtd singular the taxes, assetsrttrnts, levies, liablldies, sad obliption of every nature oa said described property each sad every when due and paysbk according to law, before they become deltqurnt, snd to deliver to the Mortgsgee on or before March 1 Sth of each year tax receipts rridencint the paymrnt of all IawfuQy imposed taxes for the preceding ukndar year;to indemnify the Mortgagee upon his demand for all taxes, assessments snd chsrges that may be assessed upon this mortgage on the indebtedness secured hereby, and paid by the mortgagee, without regard to any law heretofore enacted or hereafter to be enacted imposing gymeat of the whole or any part thereof upon the Mortgagee. - (d) To pay all and singular the costs, charges and expenses, including Iawyen' tees and abstract costs reasonably incurred or paid at say i time by the Mortgagee because of the failure on the part of the Mottgsgor to perform, comply with and abide by each sad every sAe - j stipulations, agreemrnts, condition :rail rnvenants of said promissory note and .this deed. or either. sad every such gyment shag bear interest from date at fire rate of ten (IO~i) pet centum per annum. (e) It is further mmenanted and agretd by said parties that in the event of a wit being instituted to foredoss this mortgage, the Mort- pgee shall be entitled to apply at any time pending such foreclosure wit to the rnurt having jurisdiction tdaeot for the appointment of a receiver of all and singular the mortgsged property, and of atl rgab, incomes, profits. issues and revenues tbeteof, from whatsoever source derned: and thereupon it is hereby expressly oonveaanted and sgretd that the Court shall forthwith appoint wth teeeivst with the usual powers and duties of reuiven io like cam; and said appointment shatl be msde by the court as • matter of strict right to the Mort- pgee, sad without reference to the adequscy or insdegwcy of the value oI the property hereby mortgaged, or to the solvency or insol- vency of the Mortgagors or any other party defendant to sucA wit. The Mortgsgor hereby spetificatly waives the right to object to the appointment of a receiver as aforesaid and hereby expresslymnsentsfhat wed appointment shat! be made ss an admitted equity and ss a matter of absolute right to the Mortgagee and that the same may be done without ratite to the Mortgagor. (n If foreclosure proceedings slwuld be instituted spinet the property covered by this mortpge upon any otdsr lien-or claim wbetdsr i alleged to be superior or junar to the Ikn of this mortgage, the Mortgsgee may at his option immedutely upon institution of such suit or during the pendency thereof declare this mortgage snd the indebtedness secured hereby due sad gyabN forthwith and may at its option proceed to forecbse this mortgages (g) That the Mortgagor will keep atl real and peisoaal property now or hereafter encumbered by the lien of this mortgage insured as may 1 be required from time to time by the Mortpgee against bss of fire, windstorm and other harards, csswRies and oontiagencies for such periods and for not less than wch amounts as may be required by the Mortpgee and to qy promptly wdrn dos all premiums for such I insurance. The amounts of inwraace required by the >Mortgagee shall be the minimum arttounts for which said insursnce shatl be written and it shall be incumbent upon the Mortgagor to maintain such additional insurance as may be necessary to meet sad comply fully wnb all ro-insurance requirements rnatained in-said policies to file end chef file said. Mortgagor is not a eo•insuror thersundsr. inwratxa shall be written by a rnmpany or rompanks approved or designated by the Mortgagee sad all policies and reaewa4 tbsrwt shall be AeW by the Mortgagee. All detaikd designation by the Mortgagor which are accepted by the Mortgages and all agrsemeats between Mortgagor and Mortgagee relating to inurance, now existing of hereafter msde, shill be in writing sad slop be a part of ibis mortgage sgresmsot as fully as though set forth verbatim herein and shag govern both psrties hereto and their watawn-and asskrts. No lien upon any of said potleias of insurance or upon any refund or return premium which may be paysbk on file cancellation or taminatioo thereof. ahatl be given to other than the Mortgagee, except by proper endorsement affixed to Arch potlcy and approved by Mortgagee. Each policy of insunnq shad bare affixed thereto a Standard New York Mortgagee Clause without Contribution, making all bss of bsses under web policy gyable to the Mortgagee as its interest may appear. In the event any wm or vents of money become gyabk tbersurder the Mortgages shag hate [he optan to receive and apply the same on account of the indebtedness hereby secured, or to permit the Mortgagor to ts- ceive and use it, or any part thereof, without thereby wsiving or impairing any equity. Ikn, or right under sod by virtue of this wort- pge. In event of bss or physical damage to the mortgaged property the Mortgsgor shall give immediate ootite thereof by mail to tIN ~ Mortgagee affil the Mortgagee may make proof of loss d the same is not msde promptly by Ihs Mortgagor: b event of forsebstrs of I - R 60~i W~tr oACE~i~~ ".t -rsi ~ . ~ x j:a