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Home My WebLink About2062 rROVIDED. ALWAYS. that it tits Moetwor slteE !'s~? ttttto the Mottsa~e file Mdebt~dlnse sailienoea by • osit.is ptoatiMOry note o< whidt the iollow~ i~ wott3s ilk tiSutM is • taste Dopy tovuit: ~k'°~`a~re t~f'o~e s 1~13s. nn~ Fort Pierce, February 1_ ~~,.j~ ~ ~ FOR VALUE RECEIVED Praniu to pay G t r E T S ER TAI the principal wm of ANF THOUSAND OA1F HUNDRED TWE FIVE ----------NO/100_ DOLLARS, together with interest thereon from date at the rate of ten percent. per antwm until maturity, both prindpal snd iatereat beitlj payabk in lav?ful money of the United States at 2244 Biscsyne Blvd, Mismi, Florida, or at such other place as the holders ha~eot may designate in writing. Principal and interest payabk in instalhneats ss foQows: r! TWENTY FIVE ($25.00) 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. t 71tis note ttsay be prepaid in while or iw part at any time upon pafmrnt of a penalty ertttal to eidtt percent o[ the principal attm prepaM. f~ch imtatlmrnt paymrnt shall br credited lust oa the ialctlsl due. and We remainder eta piacipal; snd Mterat iaN Weratpow aasse ttp_ l th! principal aoendited. - . ~ ~ 71te maker and eadorsera of fhb not! further agree to waive detnaad, notice o[ non-pyment and protst. awd in dw ermt tail shall ba hro~tt~tt fur the cdlectiuw hereof, a the same has to be eogetted upon deauad of ao attorney. to pt' rworubk attoraeyti tees for tststdn~ sueA talletHoa Uefernd payments heteumkt shah bear bterest at the rate o[ ten percent ptx anmtm frost maturity lentil paid. This note b slcured by a mortisie of even date herewith and is to be eowstrtred and ealorced aeoordtsti to the lath o[ the State of F1orNa; ttpn default in the ps)mrnt of principal andMt interest when due, the whale sum o[ principal and interest raaaiaist~ tttspitl aha0, at the opKon of tits hddess, treaytm! itttmcdiately due and pyable. . ~ ~ (SEAL) S L/il„~r 1- ~CZ - - ~ _ (SEAL) Prepared 6) Staley H. Spiels. Attaraey-2240 ltiseaytte Rlad., Miami Florida . - , atad shall -parlors, canply with-and abide by each sad every the stipulations, >p+e~asts, conditions and coaetsaltb of said promissory note std of this deed, then this deed and the estate thereby orated shall cease and 6e still and void. 1. The Mortgagor hereby covenants sad agrees: _ (a) To pay aN and singulu the principal and interest and other scans of money payabk by virta» of saW prombswy note sad fhb deed. or either, promptly on the days respectively the same aeretaNy becomes due. (b) To permit, commit or roller no waste and to maintain the improvements at all timsa is a state of pod rspait iad ooaditba, sad to do or permit to be done to said premises nothing-that will otter or chance the ux sad charsder of said.propetty or is say Wray iaapair err weakenthe security of this mortgaie. And in cox of the refusal, negket or inability of the Mortppr to repair sad tniatstinasid propsxty, the Mortgagee may, at his option, make such repairs or cause the same to be made. end sdwnce moneys hs that tNbslt. ~ (e) To pay all and singulu the taxes, ssxasmrnts, levies, liabilities, sod obliptions of tvery nature oa laid dgaibed propMy qth sad every when hue snd payabk according to law,, before they become deliquent, and to deli+rer to the Mortgagee oa or before Much 1 Stb of each year tax receipts evidrncing the payment of all lawfully imposed taxes for the precediai cakndu yeu; to indemnify the Mortgsies " upon his demand for atl loses, asxssments and chines that may be assessed upon this mortiaie oa the tadebtedneas secured hereby. sad paid by the mortgagee, without record to any law heretofore enacted or hereafter to be enacted imposirti payment of the wboN or say ~ part thereoT.upon the Mortgagee. (d) To pay all sad stniutu the costs, chines snd espenxs, including lawytm'~fees and abstrset costs reasomby incurred of paid at any time by the Mortp<ee beaux of the failure oa the part of the Mortgapr to perform. comply with surd abide. by qch sad every tbs stipulations, agreements, maditbm and oorenants bf said promissory note snd this deed, or either. sad suety sutdt pymsnt sluff bqr interest front date at the rate of tea (1P'Mr) per centum per annum. (e) It is furthef oomenantcd snd agreed by said pucks that in the event of • suit beirq instituted to foreclose ebb mortisge, the Mort- gages shall be entitled to apply at •ny time pending such foreclosure suit to the court having jwisdictba thereof for the appoirttmsat o[ a receiver of all sad sirtgulu the mortgaged property, sad of all teats, incomes, pwfRS, issues sad rewaues thsnof, from whatsoever source derived; and thereupon it b hereby a:pressly eonvenanted and weed that the Court shay forthwith appoint web tsceivst with tits usual powers and duties of receiver is like csses; and said appointtaeat s1taU be made by the court as a melts of Mtid tight to the Mort- i pgq, and M'Ithout reference to the sdequscy or iasdequaey of the vaiae of the property herby mortp~sd, or to the aohsaey or catch a vency of the Mortgsgon or any other putt' defendant to such wit. Tbt Mortgagor hereby spseitieaUy waives tbs right to object to tbs appointment of a receiver as aforesaid and hereby expressly oortseats that wch sppoiatmeat shall be nude ss.aa admitted equity snd as • matter of absolute right tq the Mortgagee and that the same may be done without notice to the Motgagor. t (t) If forecbsure proceedings should be instituted apinst the property coveted by this mortgage upon any other lice or claim whether alleged to be superior or junior to the lien of this mort~sge, the Mortgagee may st hb option immsdiMely upon institution of web suit o< during the peadrncy thereof declare this mortgage and tits iadebtedneaa secured hereby dus sad payabk forthwith sad may st its option . proceed to torecbx this mortgage. " (i) Thst the Mortgagor will keep an real and personal property now of Aereatter encumbered by the lice of this mortisis hswrsd ss may be required from time to time by the Mortgagee apinst bas of fire, windstorm and otherbarards, casttattiss sad ooatiaieaeiasforweh periods and for trot less than wch amounts as may be required by the Mottpgee snd to pay promptly when due all premiums for wch insunnee. The amounts of inwrance required by the Mlortgaiee shall be the minia?ttm amounts for which said inwrascs aha0 be wrtttsts and it shall be incumbent upon the Mortiagor to maintain wch sdditbnal iasnranee m may be nsceaary to meet sad comply fully wb6 sM co-insurance requirements eontsined fn said policies to the end thst the said Mortiaiot b sot a oo-itntttor therwadu. laspraaa ahW ba written by a company or companies approred or designaisd by the Mortpise sad W polieks sad reaewsb thereof shall bs beW by tM Mortgagee. AU detailed designations by the Mortgsgor which arc auepted by the Mortgagee sad aY airssmeata Mtwesa Mortiaga~ sad 4 Mortgagee rebtirtg to irourance, now existing or hereafter made, shall bs is writiai and rbaM bs a put of fhb mortiais sirsemsat ere itttly - ~ as though xt forth verbatim herein and shall govern both psrties hereto and their weestaors sad apigas. NIo lien upon say of said potieMa of insurance or upon any refund or return premium which may be payabk on the caaullatba or terminatbo tbaraof, shall M gMa to other than the Mortgagee, erupt by proper endorsement affixed to tech policy and approw0 by Mortiaits. Each policy of b>ittnap shop Aare affixed ihercto a Standard New York Mortgagee Cbttx without Conttibutbn, making all bst or btsq nndK aaKh policy payable to the Mortgagee ss its interest may appear. In the treat say cam or cams of awasy becoms payabk theteuadst the Mortpiq shsa have the option to"receive and apply the same on account of tbt indebtedness borsht' ssetrsd, or to peemk the Mortpeot b n- csive snd use it, or any part thereof, without thereby waivirti of impahiai say equity,.lka, or right under and by virtw sit this mutt- " pie. In event of bss or physical damage to the mortgsged property the Mortgagor shell give immsdiste aotit» thereof by sasY b tits Mortgagee and the Mortgagee may make proof of loss if the same b not made promptly by tbs Mortpgor. V swat of fotseloattt of ~K f * s ~ . q v. ~ ! Arc. - _ a