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Home My WebLink About0558 ~ l ' ' ~ • - - f %1OV10ED, ALWAYS, that if the Mottga~or shaU pay unto the MoNaa~ee the indebtednas evideuced by s oatain ~ pt~oa~ory ~ote of whi~ the (otlowin~ in word: and f~ures b s true copy tawit: ; - - ~ ~ ~ ~ ~~~t'o~l~?~ S.~~ _ Fert Pier s+~ F~a~~, March 2 19 .1.~ FOR VALUE RECEIVED - I Pro~~ ~o to ~he ader o! HERMAN M. LEVISON and TILLIE W. LEVISON, _hi s wi fo rhe princiP•rl sum of -TWO THOi1SANn Fntm uirunrrn ~~Y FIVF Nn/1 nn ppLLARS, ~ t~,ge~her with intercst thereon from date at the rate of ten percent, per annum unti! maturity, both principal sad intercst beina p~y~ble in law~ful muuey o[ the United State~ at 2244 Biscayne Blvd., Miami, Floricla. or ~t such other plsee u the holders hereof may designate in w•riting. Principal and interest payabk in installments as follow~s: r; s~ FIFTY FIVE ($55.00) DOLLARS per month beginning on the lSth day of June, 1979, and continuing on the 15th day of each r# and every month thereafter until paid in full. ~ :i 71~is aotc mar be prepaid in whde w o~ par~ at any time upon parment oi a penatlY equal to ei~t percent ot the priaeipal w~u prepaid, P~ch iro~allmeat - • ° P nneet ~hdl be c~edi~ed fint oa U~ intrrest due. and the mmainder un pri~cipal: and i~tenst ~ha11 lhereupw~ ee~x upoa ~li~ pri~cipal soeredited. 71~e saken and epdor~s o( this not~ furlhn atrce to waire deaund, notice ot nun-paymeat and protnt, ~ad in the event wit ~ha11 be 6rp~~ht ~ i~K Ihe edleclion hereof. or tbe aa~e has !o be edlecled upon de~aand of an atror~ey. to par reaso~yble aitorney's tees ta? a~kin~ auch edleetion. Ikferred pa~ o~eots IKrewde~ ~h~ ~yr ~tereat at We rate ot trn pereeot per annum (rum maturilr ualil paid. 7Lis nute is secund br a mo~rt`ase oi eveo date herewith aod is lo be cautrued snd enioreed acoo~dini to tl~e law~ ~ the State of Flaida; upon , ~lrfault in the ps~meat of priacipal and/or intereat wben due~ the w~hule su~u o( priocipal and inte~rst ranai u h~,ldea. benw~e immediatdr dYe and paysWe. ~L wp~id ~hall, st the option o[ the , • (SEAL) } i Prrpned bY Sts~de~ N. Spiekr, Attarney- 2240 E~iscayne &vd., ~fiami Fl~xida (SF~?L) ! 1. The Mortgagor hereby covenants and agrees: (al io pa~ .~11 and ~ingular thr prin.ip~l anil ~ntrrcs~ and othrr sum~ of miroey payable by v~rturc of said promissory note and this deed, ur etlhrr, prump~ly ~~n thr .fayc rrspr.tnrl> the wme tieverall~ hecomec dur. , (b) To prrmit. cumnut ~~r wttrr n~~ w~acte and tc. ma~rtain thc impruvemrnts at all times in a state of good repait snd condition, and to do or prrmrt lo he done to sa~d prrm?ses nuthing chal will alter or change the use and charader of said property ur in any way impair or ' yeaken thr,rcurrty nf this m~~rtgage. And in casr of the refuaal, negle:t or ~nability of the MortgaEor to repait and maintain said ptopetty, the ~fortgadrr may, at his upuun, make such repairs ar causr the samr to be made, and advance moaeys in thai behdf. (c1 To pa} rll anJ singu!ar thr tairs. asetcunrnts, Ir+iea, iiahilittts. and ubl~gatiuns of cvery nalure on said dexribsd property eath and cven when due anJ pa~.~hlr according ta law , hrfure they hrc<~me deliyuent, and to delrver to thr Mortgasee on ot befote March I Sth of each yr~r tax re.riptc e~idencmg thr paymcnt uf al! fewfull~ imposed taxes for the preceding calendar year;to indemnify the Mort~asee up~,n his demand for aU taxrs, asxssmrnts and ctiarges that may be assesx~l upon tAis mortga6e on the indebtedness secuted heteby, and ' paid 6y :he mottga~te. without rrg~rJ to any I~w heretofore enactrd or hereafter to be enacted imposir~ payment of the whole or any part thtreof uDon thr ~fortgagee. _ f (d) T~ pay all anQ singular the costs, charges and eapanxs, includin6 lawyen' fees and abstnct costs reasonably incurced or psid at any time by the !?tortgagee hecaux nf the tailure on the paK of thc ~tortga6or to perform, comply with and abide by pe6 and every the i stipulations, agreements, rnndrtN,ns and covenants ot said promissotr note and this deed, ot eitAer, snd everr sach parment shall beu ~ interest trom date at the rate of tep (10`~) per centum pet annum. ~ - ~ (e) It ~a further cunvrnantrd and a~teed by saiil patties that in the event of a suit beit~ instituted to foreclose this atort~a~e, lhe Mort- ' ~ gagee chall hr rntitlyd tu spply at any time prndi~ such foreclosure suit to the murt having jurisdiction thereof fot the appointment of ~ a recei~et o( all and singular the mortgaged property, and ot all tents, incomes, proftts, iuues and rerenues thereof, from whstsoerer source derivrd: and thercupon it is hereby expressly convenantetil and as[eed that the Court shall torthwith appoint such rativer witA the ; usual paNers and duties ot recei~•ers in like rases; and said appointment shall bt made by the murt as a matter of sttict ti~ht to tAe Mott- ~ 6agee. and wrthout rcterrnce ro the adeyuacy or inadequacy of the valut ot the property hereby mort~aQed, or to the solventy or insol- ~ rency o( the Mortgagors or any othrr party defendant to such wit. The Mort6asor htteby specificaliy waires the rijht to object to the ~ appoin~ment of a receiver as aforrsaid and hereby expressly conxnts that such appointment shall be made u an admitted equity and as s ~ mattrr of abwlute right tu the Mnrtgagee and that the same may be done without notice to the Mortsa6or. ~ If) If forulo~ure procredings sheuld be inctituted against the property covered by this mortgaae upon any other lien ot ctaim whNhet ~ alleged t~ Ae superw~r or ~unior tn the lien of ti~is mort6a~e. Ihe Mortgagee may at hts aption immediately upon institution of such suit or dlnng the pen:fency lhrreof da:I3it LIiiS morigagc aad the ~ndebtedness sr:ured hereby due snd payable forthwiin ~rni may at its opiion ~ procted to forecluse this mortgage. (6) 7 hat the ~tortgagor wi11 kecp aU real and personal property now or hereafter encumDered by the lien of this mort~a~e insured as msy be rnyuurd from hme ~u timr h~ the Mortgagee against bss of fire, windstotm and othet hstards, cuualties and contin~entits for sucA periods and (or not less than cuch amounts a~ map be required by the Hortgaaee and to pay promptly when due all premiums tor such ' insunnce. The amuuntc ~~f insurancr req'uired hy Ihe Mortgaa~e shall be the minimum amounts for which said insutante thetl be written and it sAall be incumbent upon the Mortgagor to maintain such additional insunnce as may be necwary to meet ind comply tully with sll co-~nsurance requirements rnntarned in said policies to the end that the said Non6a~or is not a rn-insuror theteunder. Inwrance thsll be wTitten by a cumpany or companies approvrd or Jriignated by the Mortga6ee and all polities and rentwals thueot shall be Add by the Mortgaaee. All detailed desi;nations by the lllwtgsgor which are accepted br the Mott~asee and all a~reements between Mortp~or sad Nortgagee relatin6 tu insurance, now ex~stinE or hercafter made, shall At in writins and shall be s part ot this morlpae aireement as tullr , u Ihough xt forth retbat~m herein and shall govern both parties hereto snd their succeuon snd assisns. No lien upon ~nr ot sfid polieies ot insunnce or upon any refund or return premium which may be payabk on the cancellation or tumination thaeof, shsU be ~iven to ! other than the Mortgagee, e~cept by proper cndorsement affized to wch policy and spproved by Mort~a~ee. Each poliey of inswante ; sh~ll have affixed theret~ a StandarJ New York hlortgagee Clause without Contribution, makin~ a11 bss ot bsses undet such polier ? payable to the Mortsa6ee as its interest may appear. In the event any sum or sums ot money become parable thereunder the Mortp~ee ~ shall have the option to rece~vr and apply the same on sccoum of the indebtedness haeby secured, or to permit the Mortp~w to re- ceirc and use it, or any part thcreo(, without thereby waivin~ or impairins any equity, lien, or ritht under ~nd by virtue of thb mort- ! € `a`e. In event of bss or physical dama6e to the mort~aEed property' the Mort`ator shsll tive immediste notice Ihereot by mail to the : Mor16a`ee and 1he Mortsa6ee may make proof of loss if the same is not msde promptly by the Mort~a~or. In event of torecbsure of - - a~Rti 306 ~ ~{.i 558 . t s ~1 ~ _ _ ~