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Home My WebLink About0613 i . ~ , . ~t~ ~ PROVIDED, ALWAYS. that if the Mort~o~ shsU pay unto the MoNSa~ee the indebtedness evideaced by a cataia pcomi~sory note ot which the foUowin: ia wo~ and ti~ures is a tnu copy tawit: ~ ; i ' a~e ~o~e 5 325.00 For~~erce Ma 9 ~ 79 s > > Florid~ ~ - E I FOR VAI.UE RECEIVED I promise to p~y ro tbe order ot ESTHER ACKERSTEIN ' ~ 4 the Princ;pai sum ot FIVE THOUSAND TNREE H1INDRED 1WENTY FIVE ---------NO 100pp~u~. ~ to=ether with intereat thereon ~rom date at the rate ot tcn percent, pcr annum until maturity, bot6 principal and iaterat beins E! payaWe ia lswtui money o! the United States at 2244 Biscayne Blvd. Miami, Florid~. or at auch Whe~ place as thc hoWen hereot i may designate in writins. Principal and interost prysbk in instaliments as toltows: ~ ~ ONE HUNDRED TEN ($110.00) DOLLARS per month beginning on the 15th day of July, 1979, and continuing on the 15th day of each and every monCh thereafter until paid in full. '1'I~i~ eote ~Y be p~p~id in whok or iw part at ~w7 ti~e upw~ Myrent ot s pewaltp cqYd to ei~t ~eroeat ot d~e Mi~eiMl ws ~ep~id. ~d~ iwt~Y~a~t a~t iaN be eredited fint ow d~e i~terat dre, awd Ibe ~+w~l~rx o~ Nl~ lrMeiMl: asd Mten~t rW diawipo~ aue rpw ~ ; the ~iweird so aedited. ' 7Ue ~al~a~ a~d a~doners ol thi~ eote furd~ qree to wure de~an~ ~oKo~ oI waw-Mr~t ~ad protat. ~ad iw d~e ~wwt w~it iaU bt w~~t [or tbe edleetion he?eo(, ar tl~e s~e has to be edleeted ~pw demand of aa attorwer, to Mr ~.,~.~.ew~rti ta.. r« ~13~ w~d~ edleetfow. De[erred p~rweeb herer~der ~har bear iaterat ~t the nte ot ten percc~t pa an~ Iros ~t~ritr ~atil paid • This nute i~ ~ecured by a swtpie ot eren d~te herexilh and i~ to be corntn~ed aad ea[oreca ~eeordia~ to the I~~rs ot twe 41ate ot El«ida; rpn dcfauit ia the parmeat o[ prineipal and/or interest when du~, the whde am ot rincipa) awd iateresl te~n~i ' uarid ~kdl. al :he aption ot Ibe hdd«s. become i~edia~d~ dre awd p,rable. . ' ~ ~ S 1~~~% ud (STp(,) E (SEAL) _ PnyarcJ by Stade~ 11. tipie{er. Atturne~ - 22•t11 NiecaYne &rd., Niaiwi Fl~rids and shal) perform, comply with and abide by each and every the stipulations, agreements. rnnditions and covenants of said promissory note and of this deed, then this deed and the estate thereby created shall cease and be nul! and void. 1. The ilortgagur hereby covenants and agrees: la) lu p,~ all and vnrular thr prmr~p~t an~ intrrr~t end ~~ther sums of muney pa~~blr hy virture of said promissory rx~tr and this deed, or rithrr, prumptl~ ~~n thr day s re~prctrvrlg the ,amr srvrrally hecumec dur. (n~ 7n permi~. ~~~~mm~ ~~r wffer ~N~ waste and tu ma~ntain thr ~mpro~emrnh at all times ir a state of go~~d repair and conditiun, and to do or permrt t~~ hr d„nr iu ~a~d prrmisrs n~~:hing th~t ~~ill 3itrr ur change the use and cMaraRer o( said property or in any way ~mpair or wreken [hr ~rcunt> ~~f th~s m~~rtga3r. And in :asr of thr rcfusal, nrglett ~~r inahilrty ot the Mortgagot ro repait and maintain said propetty, the Murlgagrr may. at hit nptiun, make such repairs or ca~~r ihe samr to he made, and advance moneys in that behslf. (c? 7u p~y ~II .+nd tiingul~r thr ta~ac. assr;smrnt+, Irv~es, liabiliticc, anJ ubGgateons of avery nature on said descritxd property each and e~•er} ~+hrn duc :ind p~~ 3blr arcording to la~~ , hefnrr thr~• hrcume drliyurnt, and tu delivtr to the Mortgagee on or before Msrch t Sth of 'i rach ~rar tati rrcripts ec~dcncing the payment ot all laafully imposrd taxes for the preceding calendar yeat;to indemnify the Mort~aaee i upun his demanJ fur a0 t~ies, assecsmnnt~ and charges that map be assess~l upnn this mortgage on tAe indebtedness secured hereby, and f pa~d by the murt~tager. H~thnut regard M an~ :aw hrretofure enactrJ nr hereafter to be rnacted imposing payment of the whole or any ~ part therrof upon thr ~lortgagrr. f (d) To pag ~II and singular the coiu, charge~ and rxpenses. ~nclu.iing lawyen- fees and abstract costs reuonably incurrtd ot paid at any time by tRe ~lorfgagee because of the failurr on the part uf the Mortgagor tu perfotm, mmply with and abide by pch and every tht ~ stipulations, agrcrmrntc, cunditeons and covenants of said promissory aote and this deed, or either, and evety such payment shall beu ~ interest from date at the rate of ten ( IO~rJ per centum per annum. i ~ ~ (e) It is further cvnvenantrd nnd agreed hy saiJ parties that in the erent of a suit being instituted toSoredose this mort~age, the Mort- ~ gagrr chall be rntitled to apply at any time pendi~ suih forectosure suit to the court having jurisdiction ihereof tor the appointment ot a recener uf all and singular the mutlgagrJ pruperty, and of all tents, incomts, profils, issues and revenues thereof, from whatsoever ~ sourcr drrivrd: and thercupon it ~i hereby rxpresslp comenanted and agreed that thr Court shall forthwiih appoint such receivet with the usual ponrrs and duties ot tecei~~rrs in lik.e cases; and saiJ appointment shall be madt by the court u a mstter of sttitt ti~ht to the MoR- gagee. and w~ithout reference to the adequacy or inadequacy nf the value of the proprrty hereby mottsased, ot to the solventy or inso!- vnncy of the Mortgagors or any othrr party defendant to such wit. The Mortgagot heroby speciftqlly waives the rishC to objett to the appuintment nf a receiver a~ aforesaid and htreby rxpressly conxnts that such appointment shall be made u an admitted equity and as a matter of ahsulute right to the Mortgagee and ihat the same may be done without notice to the Mort6agor. S ~ ti) If foreclmure proceedings should be instituted against the property covered by this mortgage upon any other lien or claim wAetha alleged to be superior or ~unior tn the lien of this mortgase, the Mort6agee may at his oplion immediately upon institution of such suit or ~ during the ~endency thereot declar~ this mc~rtgage and the indebtedneu xcured heteby due and payable forthwith and may st its option ~ proceed to torecbse th~s mortgage. (5) That the 4lortgagur will keep all real and perv~nal property now or hereafter encumbered by the lien of this mortgase insured ss may be reyuired from ~ime to t~me by the Mortgagre againsl bss of fire, windstorm and other hazsrds, nsualtia and mntin`encies tot such perK~ds and (or not less Ihan such amounts as may be required by the Mortgagee and to pay promptly when due all premiums for such a insurance. The amounts of insurancr reyuired by the Mortgagee shall he the minimum amounts for which said insutante shall be written and it shail be incumtxnt upon the Mortgagor to maintain such additional insurance as may be necessary to meet and comply fully with all ~ co-~nsurance requirrmenu contained in saiJ polic~es to the end that the said Mortgasor is not a co-insuror thereunder. Inwrance shall be ~ wriuen by a company ur companies approved or designated by the MortgaEee and all polities and renewats tdueof shall be held by the ~ Mortgagee. All drtaileJ desi`na~ions Ay the Mortgagor which are accepted by the Mort6asee snd all a~reements betweeo Mortpfot and ~ ~iortgagee relating to insurance, now existing or hereafter made, shall be in writing and shall be a patt ot this mort~e a~teement as fullr - as though set fnrth rerbahm herein and shall govrro both parties hereto snd their successon and aui`ns. No lien upon any ot s~id polkiq F of insurence ~~r upon any retund or return ptemium which may be payable on the cancellation or termination thereof, shaU be ~iren to ~ other than the Slortgagee, except by proper endorsement affixed to such policy and approved by Mottp`te. Eath polity of insut~ntt shall have affixed therelo a Standard New Y~~rk Mortgagee Clause without Contribution, mak~n` all bss or bsses under such policr ~ payable to the Mortgagre as its incercsl may appear. In the event any sum or sums of money become payable thereundet the Mottp~et shall have the option to receive and apply the same on account of the indebtedneu hereby secured, or to permit the Mortp~ot to te- ~ ceire and use it, or any part thereot, without thereby waivin~ or impaitini any equity, lien, or risht under and by virtue of thit mort- ~ sase_ In event of bss or physical damage to the mortd~6~ D~P~~Y the Mort`a~or shall 6ive immedi~te notice thereof br ms~7 to tM ~ Mortsagee and Ihe Mortsasee may make proof of loss if the same is not made p?omptlr by the Mortq~or. In ereni ot torecbsutt of ~ . . U R ~ ~ ~ 6~3 3g0!! t'A ' - - _ 'v'.-.~~- ~~:;r ~s r_x-.`~s-',~sT : I '`~'j ~ ~~-,.r~'r~ _ J' f, ~ - ? . ~'~-?e.: .