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Home My WebLink About2058 - ' ~ `i. j - - ` f • PROVIDED, ALWAYS, that U the Mostgapt tdtsH pqr wto the Mortgap the iAOeetodrw evlttwoed by a osetain gotitiwey ttttlla of whkh the tllpowiuS i wade acrd tips L a trot copy tatwit: s 7.700.00 Fort Pierce. January 15, 1979 I FOR VALUE RECEIYED jointly and• severally prondx to pay to the order of ROSE ~=RAT „ - SFVFN THOUSAND S VEN HUNDRED ------------------NO/100 pOt,t„~R,g, the principal cam of together with interest thereat from date at the ate of ten percent, per annum until maturity, both principal and iotetsat betas pa)•abk in lawful money of the United States at 2244 Biscayne Blvd.. Miami. Florid, or at wch other plstx ss the haidea hereof n?ay designate in writing. Principal and interest payable in installments ss follows: - ONE HUNDRED FIFTY ($150.00) DOLLARS per month beginning - on-the 15th day of April, 1979, and continuing on the 15th day of each and every month thereafter until paid in full. Thu note tray be prepaid is whole or in part at any-tune upon paytttewl of a prnalty equal to eid?t percent of the priwcild sutra prepaid. EaeA instaYsaa?t parsseot shall bs eredNed tial on the inleresl dtte, and the teaaiader on psirreiNl;,and iwterast ttnN d?erwtpow tease ttpota ~e P~4r w credited. - The •ahen and endorsers of this nok further a=rse to waive demand, notice of twa•payw?et?t awl Protst. stet M the event writ al?aN M trwttdst [or the eolkctiow barest. or the same has to be collected upaw demand of sn attorney, to Ny rsasowaNs attorney's teas tar wilci?q wrd? saMeelfow. Dekrred payttaents herwader shah bear interest at the ale of few percent per ananm trow? aaatttrity uwtil Pict. ' ThK note is seeurrd by a nortgage of even date herewith awl k to be eowsttned and enforced aetadiog Io the rawer of tM State of Provider; tspo~ default in the payment of prioripsl and/or interest ..hen due, the whale sum of pr?weipsl and interwl rernaiairt~ wyaid shall, at the a*lisitr of tM i holders, becoaae aawediately doe and payable. - - ~ (SEAL) . a e Prrpared by Staley tt. Spieler. Attorney- 22~t0 B?scayae turd.. Mwni Florida SEAL sad shall perform, comply wR6 acrd abide by each and every the stipta<lations, asroemeats, twnditaaa acrd covswb of said promiwry torte and of this deed, then this deed and the estate thereby crated shell txsse and be null sad void. 1. The Morlpgor hereby rnvenants attd agrees: (a) To pay all and singulu the principal and interest acrd other sums of money payabk by rirture of still promissory hots and this deed, or either, promptly on the days respectively the same sereatly becomes due. (b) To permit, commit or whet no waste and to maintain the improremsnts at all times in a state of good repair ind maditbs, sad to do or permit to be done to said premiss nothing that will alts or change the use and character of said property or in-any way impair a weaken the security of this mortgsge. And in case of the refusal, acgkct or inability of the Mortgagor to repair and maintain said property, _ the Mortgagee may, at his option. maker wch repairs or cause the ~sme to be made, erect sdr.nes moneys to that btltaK. (c) To pay all and singulu the taxes, assessmrnts, leries, tisbildks, and obliptbns of every nature os said described property each and every when due and payabk according to bw, before they become dsliquent, and to dNivst to the Mortgagee on or before March 1 Sth ot- - each year taz receipts evidencing the payment of all lawfully imposed taxes for the preceding akndu yeu;to indemnify the Mortgages upon his demand tot all taxes. assessments end chuges that may be assessed epos this mortgage on the indebtedness secured hereby. sad j paid by the mortgagee. without regard to any law herctotorc eryded or hergtter to be eroded imposing payment of the whob a any part thereof upon the Mortpgee. - (d) To pay all and tingulu the mats, charges and a:penses, including lawyers' fees end abstract costs reasotabty incurred or paid at any t time by the Mortgagee bsduse of the failure os the pert of the Mortgagor tq perform. ootopiy wish and abide by each and every tM - stipulations, agreements, conditbas and covenants of said promissory note sad this deed, or either, and every such payment shall bear _ ~ interest from date at the rate of ten (10')b) per centum per annum. _ ~R (e) it is further comenanted and agreed by uid parties that in the event of a wit being instituted to forecbss--this mortgage, the Mort- ! pgee shall be entitled to apply at. any time bending wch foreclosure wit to the court baring jurtsdidbs thereof for the appoiartmest of !1 a receiver of all -and singulu the mortgsged property, and of all rgnts, incomes, profus, tarots and rersnues theraot. from wbatswm source derived; and thereupon it it hereby expressly convsnanted and agreed that the Court shall forthwith appoint wtb receiver with tM usual powers and dories of receivers in like cases; and said appointment shall be made by tM court as a matter of sttitt tight to tM Mort- gagee, and without reference to the adequacy or iuadegwcy of the value of the property hereby mortgaged, of to tM sotvtney or itaob rency of the Mortgagor or any other party defendant to such wit. The Mortgagor hereby specifitatly waives the right to object" to tM appointment of a receiver as aforesaid end hereby expressly consents that wch appointment shall be made u an admitted equity and as a matter of absolute right to the Mortgagee and that the same may be done without varlet to the Mortgagor. (n tt foralosura proceedings should be instituted spinet the property covered by this mortgage upon any other lien or claim whether alleged to be superior or junar to the lien of this mortgage, the Mortgagee may at bin optbn immediately upon iAStitution of such sub a during the pendency thereof deciue this mortpge and the indebtedness secured hereby due and payabk forthwith sad may trl its optics proceed to forecbse this mortgage. (g) Thst the Mortgagor will keep all real and personal property cow or hereafter encumbered by the Nan of this mortgage inatred as may - be required from time to time by the Mortgagee spinet bu of fire, windstorm and other hanrds, casualties and costit?geneies for wch periods and for not less than such amounts as may be required by the Mortpgtt and to pay promptly wAen due all premiums for such insurance. The amounts of inwrasce requred by the Mortgagee shall be the minimum amounts for whkh said ittstraaKS tdaM M writteo ( and i< shall be incumbent upon the Mortgagor to maintain such additbnal issuance as may be necessuy to meet sad comply fully-wkh W co-insurance requirements contained in said policies to the end thst the said Mortgagor is not a oo-iswror thereusdsr. Inswaiks shall bs written by a company or companies approved or deagnated by the MortLegee and ad policies at?d renewab thereof atoll be herd by tM Mortgsgee. All detailed designations by the Mortgagor which errs ucepted by the Mortgagee and au agreements betwess Mortgagor and Mortgagee rebtirtg to insurance, now existing or hereafter coeds, shall t?a is writing and shay be t part of fhb mortgage agrestt?sat as fstHy as though set fortA verbatim herein and shah govern both parties hereto erect their wcctasors and amigos. No lien upon any of sold pdicias r of insurance or upon any refund or return premium which msx be payabk on the cancellation or termination thereof, she! bt given to other than the Mortgagee, exupt by proper endorsement atfi~ted to }wch poUey and approved by Mortgagee. Each polity of ie?sttnsts shall hers affixed thereto s Standard New York Mortgagee Clause without Contribution, tasking all bas of bow wader wch poNcy payabk to the Mortpgee ss its interest may appear. In the event any sum a sums of mosey become psyabk thsrsusidsr tM Mortgages shay bars the opion to recent and apply the same on atconnt of the indebtedness hereby tacwsd, or to ptrmk tM Mortpga b t~ ceive and use it, or any put (hereof, without thereby wsiriug or impairing any equity. lies. or right wader and by vlrttss of this ss?ort- pge. In event of bas or physical damage to the mortgaged property tM Mortgagor shay give irt?msdists notion thereof by trail to iM Mortgagee and the Mortgagee may make proof of loss it the cams b cwt coeds promptly by tM Mortgagor. V scant o! toreebstrre of E. - - -