The URL can be used to link to this page

Home My WebLink About0620 PROVIDEO, ALWAYS, that if the Moh t a' lsh~ll pay untd't~l~ort~agee the i~debtedness evidenctd by a oaRai~ promissory note ot which the idlowing ia wada and fi~ura b s true copy tawit: r ~~l.~t~~ s 4_ 1~0.00 Fort Pierce . F~a;d, ~y ~ !9 79 ~ ' FOR VALUE RECEIVED WE , iointly and severally promise co pay ~o a~ ~ JOHN C. CONVERSE ` the ~ snm otFQL THO~SeN~ ONE HUI~IDREU FIFTY NO/100 # ~ DOLLARS~ to,ether with intercst thereoa ~rom date at the rate o~ ten percent~ per annum until maturity. both principsl aad iaterat bcins payabk in lawful moaey of the United States at 21M Biscayne Bivd., Miami, Florid~, or at such other plaa ss the holdcn hereot may design~te ia writin~. Principal and interest pryaWe in instaUments u foQo~rs: NINETY FIVE ($95.00) DOLLARS per month beginning on the a 15th day of July, 1979, and continuing on the 15th day .i of each and every month thereafter until paid in full. ! 71us ade ~y be pcepY iw ~6ok o~ iw prt at ar ti~c ~pw prse~t o[ a~eaaltr eqwl to ~t ~ee~oewl ot tiw ~eirl w M~ii. ~xA i~ewt prwewt iaN `e ee~edited tint aw t~e interaR dre, an~ the ~ew~iwi~ aw ~ei~eipd; ana iwlM~l i~Y twta~~w av~ ~o~ ' tkc pi~eipal ~o eredite~. • : ~ 71e saksn aw~ e~dwsen d thi~ aote i~ud~er apee to raire dewued. notice of ~ow-M~Mwt awd Rotat~ aw~ iw IIw t~rcat wdt Vo~t (or tl.e euqaetio~ rereo[. ar ti~e ~e lus to ~ eoYaeted rpa dewsei o( aw attorner. b Mr ~worMe ~tlorwey9 Iea~ Ior ~akiK ~rd~ eapeedow. peter~ pr~ewes hererwder ~bar be~r i~taest at t6e nle of 1n ~a~eeet pa aw~ww Iw~ ~Mtr ~~til p~id. . ; Tt~a ewte i~ ~eewei br a wo~p~e of e.ew date I~e+ritA snd i to be eaaqetied awi ew(a~ed ateordiw~ to tMe i~rn~ d dw St~te oI Ftaridr: rp~ ( def~~ll ia the p~r~ewt d priweipal and/u~ interest when due, Ihe +rbok w~m o[ prinelpal awd i~terat ranaiwio~ rwpaia iaN, t?e aplbw ot tl~e ~ l~dde~s. becume iw~edi~tdr dre awd p~YaW~. _ • ; S ' EAt,) . S , . AL) Prepared by ltanley H. Spieltr, Auurney- 221U 8'iscaYne &~d., ~iiami Flurida and shall perform, comply with and abide by each and every the stipulations, agreements, rnnditions and covenants of said promicsury note and of this deed. then this deed and the estate thereby created shall cease and be null and void. 1_ The Nortgagor hereby covenants and agrees: (a) Tn pay rU ~r~:f singular thc princip3l an~i mtrrest er.d othrr sums uf muney payable b~ vitture of s~id promissory note and this deed, ur rither, prumptl} ~~n thr d.~y; tes~~ectnrl> thc saner sev~rall~ becumrs :fue. . (h) tu prrmrt, c~~tnmu ~+r ,uffrr rN~ ~\3ilt dlll~ IO ma~ntain the ~mpru~emrn[s at rll time~ in a atate of gooJ rnpait and condition, and to do or permit t~~ nr d~~nr t~~ s~i~ prcmi+ea nntheng thal wiR ~Itrr ~~r change the uce and rhuacter of said property or in any way impair or weakrn thr ~rcunt~ ~~f th~s mortgage. And m case of the re(us~l, nrglecl ur inability of the ~lortgagur to repair and mainta~n said property, ihr !~turtgagrr m~} , at hic ~~pt~<~n, makr ~uch repaus ur causr thr samr to be n~adt, and ad~an.e monrys in that behalt. (c? Tn pey ell .~nd ti~n~ular tAr ta~r+. ~~sr>;mzntti, Ir~~irs, I~ebil~tics, and uhligaUuns of every nature on sa~d dexribed ptoperty rach and a~ery whrn Ju~ anJ payahlr accord~nz ~a~+. hr(ore the~ become deli.~urnt, and tu drGver to thr Mortgagee on or Defore March 15tA of - ~ each ~tar t~c rrcriptt rvidennng the ps)mrnt of 311 I~.~fully ~mposed taxas [or the preceding calendat year,to indemnify the Mort`asee upnn h~s Jrmand tur all taaa~, a~~rs~niantti and .hargec that may hr assessed upnn this mortgage on the indebtedneu xcured hercby, and i paid tr~ :he m~,rtk:+ger. ~~~thout regard t~ an~ la~+~ heretoforr enactrd or hercafter to br znactcd imposing payment of the whole or any part thercot upun thr Slortgaga ; {d) 7o pay all and c~ngular thr costs, chargrs and expenses, induding lawynn' fers and abstnct costs reasonably incurred or paid at any hme h~ thr ~lurtgagrr hr.~ux u( t~e fadurr nn thr part nf the ~lortgagor t~ perform, comply with and abide by qch and e~ery the I shpulatiunc. ~~trcemants, condihonc and covenants o( said promissoty note and this deed, or either, and evety such payment shalf beu i ~nterest (rom Jate at the rate of ten ( t0'~) per centum per annum. ~ (e) It (urthrr cumenanted and 3greed by saed parties that io the event of a suit being in~tituted to foreclose tAis mort`sge, ihe Mort- ~ ~ gagrr ~hall hr COUIIC/I tu eppl> at ~ny hmr pendin3 such [oreclusure su~t to the eourt ha.~ing jurisdiction thereof for the appoiotmrnt of ~ a rc~ei~rr ~,t all anJ sm~cular the mortgaged proprrty. and of all rents, incvmns, profits, issues and revenues thereof, f~om whatsoever wurcr drn~r.f. rnd thrreupun ~t is hrrob7 rrpressl~• cunvenanted and agreed-that thr Court shall forllwith appoint such receiver with the ~ usual poNerc and Jutirc of recei~rrc in like l'35fS; and saicl appointment shall be made by Ihe murt as a matter of sttitt ri~ht to the Mort- ~ gagre. and wdhout re(errnce te~ Ihe adeyuacy or inadequacy of ihe value of Ihe property hereby mortaastd, or to the solvency ot inwl- ~ vency ot the 3furt~agurs ur an} olhrt ~+arty drfrndant to such wit. The Mort6asor hereby specifiplly waives the ti`ht to object to tht app~antment ~~f a recr~vrr a~ aturrsa~d and herrGy ezpresslp consents that such appointment shall be made as an admitted eqYily snd st a ~ mat~rr ~~f at~wlutr right t.~ thr Mortgagre and that the same may be done wilhout nut~ce to the Afort6agor. (f1 If f~~rrcluwrc procrrdmgc shouid be ~nctituted agamst the property co~~ered by this mottgage upon any other lien ot clsim whether allegrd to be supenor nr ~unwr t~. t he lien ~~f this mortgage, thr Mortgagee may at his option immediattly upon instAUtion of such auit or during ~he prndcniy thereut drelare Ihia mortgagt and the indrbtedneu secured hereby due and paysble forthwith and may at its option procerd to f~~recluse thm m~rtgigr. ~ fB 1 i hat thr ~t~~rtgag~.r will krrp all rcal ~nd peru~nal yroperly now or herra(ter encumbered by the lien of this mottsa~e insured as may ~ be reyuirrd frum t~mr tu timr by thr tlurtgager aga~nst bss of firc, w~ndstorm and o[her hazards, caswltits and continaenciestor sueh perH~ds a~d G~r nut less than such amounts as me~ be rryuired by the tifurtgagee and to pay promptly whtn due all premiums tor suth ~ msuran~c. Thr am~~unts .rf insurance reyuired by the hlortgagee shaQ be the minimum amounts fot which said insurance shall be written and ~t shall he ~ncumbent upon the Mortgagor to mainttin such additional insurance as may be neceuary to meet and comply fully with sl) ~ co insurancr reqwrrmrrtc cuma~nev in said policies to the end that Ihe sa~d Mortga`or is not a co•insuror thereunder. Insurance shall be ' v~•ritten hy a company ur compames ~ppro~rd nr designated hy the Mortgagee and all pol~cies and renewals theteof shal) be held by the 4 Mortga6ee AU dela~led designalions by the ~7ortgagor which are accepted by Ihe Mortgasee and all a~reements between Mortp~ot and Mortgagee telat~ng Ir~ ~nsurancr, now existing or hereatter ma~i~, chalt be in writins and shall be a psrt ot this mortpge s~reement as fully as thnugh sct forth rerbat~m hrre~n and shall govern both parties herelo and Iheir successors and sssi~ns. No lien upon any of s~id polities ; of insurance or upnn eny rcfund or rcturn prcmium wh~ch may be payable on the cancellation or terminatan Ihereof, shal) be ~ivtn to ~ othcr than the ~1ort~ager, rxcept by proper endorsement aff~aed to such policy and approved by Mort~saee. Each polity ot instuanee ~ shall have a(tiaed therc~o a Slandard New Yor~ Mrirtgagee Clause without Contribution, makins a11 bu or bsses under such poliey ~ ayable ~o the Mort a ee as its ~nterest ma a ear. In the event an sum or sums of mone bemme s able thereunder the Mort a ee p R8 Y DV Y Y OY LL ~ shall have the option to recr~re and spply Ihe same on account of the indebtedneu hereby secured, or to permit the Mortp~or to te- ~ ceive and use it, or any part thereof, without thereby waivin6 or impairina any equity, litn, ot risht unaer and br rittue ot this mort- ~ p6e. In e~ent ~f k~ss or phys~cal dama6e to the mortsa6ed property the Mortga~or shall ~ire immediate notice Ihereo[ by mai! to the ~ Mort6a`ee and 1he Mort6asee may make proof of loss it the same is not made promptly by the Mort~or. In event of fotetbsure of ~ • i a e~~ ~J[R,!! JV~7 ?ACE ~ : , , . ~ -=~:U ~,-a.~. _ . * : x ;=:x ~ x - i '~r ~=~54+~. , u ~f