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Home My WebLink About0437 : j ~ . . ~ ~L MtOVtDED, ALWAYS. that it the MoM~ajo~ shaU pay unto the Mort~~ee the iadebtsdnea eridenoed ~r a~ p~~qry ~s of which the toUowi~ ia wads aad fi=ura k a true copy tawit: . ~ . ~~!'~o~a~?e ~/i'ole ~ ~ S~? 25~,Ap _ Fert Pi prL',e ~ F~a~;dn Anr~ 7~-___.~ 19 ~ ~ I pcomix to pay ~ I FUR VALUE RECEIVED , F ~ ~o a~ o~ TRVING ST~'*~RMAN CISSY STEMERMAN, NIS WIFE ~ ~ k ~ , the princiPal wm or Qh t THOUSAND Tf~i4 HUNDRED F iF'TY - - - - - - - - - - - - - - - - N4 / 100 ppLLAltS, to~ethet with interest thereoe from date at th~ nte of ten percent. per annum until maturity. both principsl and interest bein~ E I pa~rabk in lawful moaey ot the United Ststa at 2244 Biscayne Bivd.. Mismi, Florid~, or at such other place u the hdden hereot may desi~nate in writi~. Principal and intertst paysble in instaUments as tollovrs: ~ THIRTY FIVE ($35.00) DOLLARS per month beginning o~ the 15th day of June, 1979, and continuing on the 15Ch day of each and every month thereafter until paid in full. ( 'lUi~ oots ~r ee ~n~aY 4+rdok o~ b P.~ .i ..y ~ wr~~ ~r. ~.t to ei~t,paeeat o[ d~e pei~eipl aun prep+id• ~ i Fad 'wtall~ewt pa~ewt ~aM bc enditad ('int ow tbe iutcrest dne. and ~he rea~ainder o~ ~inci~al: aad iste~t iaM tl~erwpoa oea~e ~pe f; ~iie pMelral so ereditai. k , ne ~~ken awd ~waorse~s o~ this aote [u~tber apec to .+aire Janaad~ notice ot won-parweat ~wd pwtat. ~ iw tre ercal wit sMli re hraY~t ' (or the eoNeclloo Aneot. a d~e a~e has ~o be .~dlected upw demand ot an attorner. to Wr reawtible alta~erl~ lea for ~akin~ wch eulicetiw~. i ptkrced My~ewts I~erwn~er ~h~M beu interesl at We nte of te~ perccnt per aanun~ Gas ~atwilr ~wW p+id ~ ~ ~ ,'Il~is wote is ~e~wu,ea a wwtp~~e of rren date AueMith and is to be euostrued and enforce~ ~eto~d'iet to ihe la~+s ot the S1ale ot tlorida: ~pow t d~rp N tbe pa7n~e~t ot ~pa1 arwi/or inteml wF~en dur, lhc whule ~um oi prini 1 sad i~terat ~anain'w~ uap~M aAall. at Ihe optioo o[ tAe ~ hdren. beease iwredi~tdY dYe a~i payable. • ~ ~ --S (SEAL) t: { (SEAL) I p~a~nr y Sw~er H. S~ieiK. Attanev- 2240 Hiscayne Blvd., Miami Florida - ~ - t and shaq perforat~ comply with and abide by each and erery the stiputations, agreements, conditions and covenanb of said prom~sory note and of tl~is deed, then this deed and the estate thereby crested shall cease and be nui) and void. 1. The Mortgagor hercby covenants and agrees: (a) To pa> all and singular the p~inripal and interest and othrr sums ot munty payable by virture of said ptomiuory note and this detd, or r~ther, prumptly un the days resprctively the same sevrralfy becomas due. (b) To prrmit. :ummit ur suffer rw waste and to maintain tiie improvements at all times in a slate o[ good repair an~ condition, and to do or prrmit to br done to said premises nothing that will alttr or change ihe ase and chatactet of said property- or in any w~sy impair or weaken Ihe stcurity of this mortgage. And in case uf the rc[usal, neglect or mability ot tht MortaaEor to repa'v and ma~ntain said property, 1 the Mortgagee may, st his oQt~on, make such repairs or cause the same to be made, and advance moneys in that behalf. To pa~ all and singular the taxes, assessments, Irvies, li~bilities, and ubligations of evety natute on ssid dexribed property each and r~ery whrn due and payab)r according to law, before tqey become deliyueat, and to deliver to the Mortgaaee on or before M~rch I Sth of rach ~rar tac reccipts evidrncina tht payment of all lawfu(ly impoxd tazrs for the preceding calendar year;to indemnify the Mort~a~ee ~ upon his demind for all taxes, auessmrnts.and char6es that may be assessed upon thit mort~age on the inde~ttdness secured hereby, ~nd ~ paid by the mortga6ee. ~ithout regard to any law heretofore enacted or hereaiter to be enacted imposin6 payment of the v?~Aole or any_ ~ part thereof upon the titortsagee. ~ i (d) To pay all and sing~lar the costs, charEes and ezpenses, includin~ lawyen' fees and abstract costs reawnably incurred or paid at any ~ time by the Mortgaaee hecaux ot the failure on the part of the Mortga~or tu perform, comply with and abide by each and erery the stipulations, agrEements, conditions and cove~ants of said ptomissoty note and thia deed, or either, and every such payment shap beu iotetest from date at the rate of ten (10`X~) pa ceatum per annum. (e) 11 is (urther comenanted and a~eed by said parties fhat in tde eve~t ot a suit beias irolituted to foredose this mott~ate, the Mort• ? gagee shall be entitled to apply at any time pend'en6 wch foteclosure suit to the court harins jurisdictiun thereof for the sppointment of a receirer ot all and si~ular the mortga`ed property, and of all rents, incomes, proCits, issues and rerenues thereof, from whatsoever source derived: and ihereupon it is he~eby expressly conrcnanted ard a~reed that the Court shaU forthwith ippoint wch receivet with the usual powers and duties ot receivert i~ like cases: and said appointment sha{I be made by the ooutt u a rtuttet of strict ti~ht to the Mott- gasee, and without retercnce to the adequacy or inadcquacy ot the value of the property hereby mortp~ed, ot to the soNeney or insol- ' vency of the Mor~g,~gon or any other puty detendant to such wit. The Mort~a`or herebr specificaUy waivts the t~ht to object to the ~ appointment of a recci~er u aforeuid and Aereby ecpressly mnsents thit iuch appointment ahall be made u an admflted equity and as a ~ matter of abwlute right to the Mortgasee and that Ihe same may be dooe without notice to the Mort`agor. ~ (n If foreclosurt proceeJings should be instituted againu the property coveted by this moriga`e upon any other lien or claim whether alleged to be superior or junior to the lien of this mort6ase, the Mort`a`ee may at his optan immediately upon institutan o! such suit ot ~ durina the penAency thereof declare this mortsage and lhe indebtednas xcured hereby due and payable torlhwith snd may at its option proceed to lorecbse this mortgase. a~ (6) That ~he Mort6agor will keep all real and personat property now or hereafter encumbered by the lien of this mort~a~e inwred ss m~y be tequired from time to time by the Mortgagee ~~ainsl bu of fire, windstorm and other hazards, cuualtia and mntiniencies fot such periods and for not leu than such amounts as may be requited by the Mortp~ee and to psy promptly whtn due all premiums fot such ~ insurance. The amounts of insurance required by the Monsa;ee sAall be the minimum amounts for whicd said insurance shall be written _ and it shall be incumOent upon the Mort~or to maintain such sdditional insurance u may be neccssary to meet snd comply fully with all ~ co-~nwrance requirements mntained in said policies to the end that the ssid Mort~s~or is not a ce-insuror thereundet. Insut~nce shsll be ~ wrilten by a cqmpany or companies approved ot desi6nated by tfie Martpiet and all po~icies snd renewsft thtreof sh~ll be held by the ~ MortEaaee. AIt detaikd desisnalions by the Mon6a6or which are ucepted by the Mortsaiee and all a~reements between Mort~a~or and ~ Mori6agee relatinE to lnsunnce, novv exisi~ng or hereaftet msde, }hsll be in writi~ and shall be a part of this mort~e a~teement u fully ~ as though set forth rerbatim herc~n and shsll `o~ern both parties haeto snd Iheir successon and usi~ns_ No lien upon anr of said policies ~ ot insunnce or upon any refund w retutn premium which may be payable on the cancellatan ot termination lhatot, shall be ~i~en to ~ other than the Mort6asee, tacept by proper ertdorsement affixed to wch policy and appro~ed by Mort~i~ee. E~ch policy of insut~nu ~ shaN have affixcd thereto a Standard New York Mortsasee Clause without Contribution, makiu~ all bu ot bsses under such policr ~ payabk to the Mo~tsa6ee as its ~nterest may appear. In the erent any sum or sums of money beoome paysble thueunder tAe Mottµ~ee ~ shsN hare the option to recei+e and apply the same on sccount of the indebtedness herebr secured. or to permK the Mortq~or to ra ~ ceire and ux it, or any psrt thereof, without theieby waivin~ or impairin~ any equity, lien, ot ti~ht unda and br virtue ot this mort• ~ p~e. In event of bss or physical dama`e to Ihe mortjased property the Mon~sior sha11 yre immedfaee notice ~hereof bY mail to tM M{ort~a~ee and the Mort`a`ee m~r make proof ot loas if the same is not msde promptlr br the Mort~or. In event of forecbsure of ~ . ~ e ~ ~ • ' • . ' ~ . , - sQ~x ~07 D~~ 4~? ~ ~ _ ~ - . _ - xa _ _