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Home My WebLink About0627 , ~ ~ / ~ _ . PROVIDED, ALWAYS, that If the Mort~a~or ~ par uata the Iaio+tga'ce the indebtednas evideaad by s cat~ia promissory ~ote ot which the followina ln wot~ and tijura h s true copy tawit: ~ I ~~aa~ra~e ~~~e S 3,1~ - Fort Pierce, Fia;~, _ May S, ~y 79 ' FOR VALUE RECEIVED We~ ~ointly and severally ~o ~y ~ ~ ILLIAN 1dEIN R ' ' to the arder ot ~ : THREE TNOUSAND ONE HUNDRED SEVENTY FIVE ----------NQ11Q~pLL.ARS, ! the princiPal wm of to~,ether with interest thereon irom dste ~t the n~e ot ten pe~cent, pec annum untD maturity. botb priadpal sad intenst being payabk in law(ul money oI the United Sttta at 2244 Biscayne Blvd, Mismi. Florid~~ or at ~uch other plact ss the hddns henwf ,r' i rnay designate in writia=. hincipal and interest payabk in in~tallments as follov?s: i; SEVENTY FIVE ($75.00) DOLLARS per month beginning on the ; 15th daq of July, 1979, and continuing on the 15th day of each and every month thereafter until paid in full. t! ~ 71i~ awe ~r be ~rq~id iw wAak or ia p~rt at anY liwe ~ow p~7sent o[ a pa~altr eqral to ~t ~eroe~t o[ tbe pei~eipl w~ Kepaid. ~ E~di wtaM~t q~ewt iaN be creditei [int ow d~e ie~e~at dre, and tl~e ~ewri~ o~ Niweipdt a~ MteeMt i~ll d~aw a~~e ~Po~ tbe piscipal w eYaiibd. • 7Le saken awi ~wias~n d thi~ ~ute Wrtber a~ree to K~ire dawand, notke of aow•NYweat ~ad proteat~ anr iw d~t erewt ~k Jwll be brau~t f for the euNeetiow ~e~eo~. ar tMe wwe lus tu be coNected ~puw de~awd ot ~n attorwer. to pr eeaow~ble all~ner's ka Iot ~akuq ~ edieetioa. pe[erred p~r~ewN heterwder ~AaN be~~ interesl il the nte of lea pere~nl per annwn Iraw ~trtity aetil p~id. Ti~u aote i~eewe~ `r a worlp~e ai e+~cn dale here~rith aod i~ 1u be ewnln~ed an~ ea[aoed atoordin~ to t?e la~+s o[ We State of Florida; upw~ defauh i~ Ihe paywewt o( priweipal and/or interest ..IKn due. th~ whole ,um of princ4ai sad iaterat ranaini~ rwPaid ~hail. at the o~~ion ot the ~ , ; hdders. becr,me i~winedi~ttir due awd paYable. ~ ~ (SEAL? S ' (SEALI ~ Prryarrd b~ ~~¦nky 11. ~pirle.. Alt~xney• 224(1 lfii.ta~n~ lq~d.. Mia~si Fl~xida and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants oi said promissory note and of this deed, then this deed and the estate thereby created shatl cease and be null and void. 1. The Mortgagur hereby covenants and agrees: (a1 I~. pa> all ~nd ~~n~uler thr pnni~pal and mterrct anJ ~,thrr sumt u! muney payabtt by nrturt of said prom~ssory note anQ Ihis deed, or r~thrr, pr~~m~th un thr Jeya ~espr.hrrlf thr ,ame sc~rrall} hecumc+dur. (b? Tu prrm~t . wmmrt nr w(tcr n.~ ~+aste and tu ma~ntain thr ~mprovrmrnts et ~II times in a state of ~ood repair and conditiun, and to do or prrmrt h~ he d~~nr u~ s~iJ prtm~srs nWh~ng that will alter ~x chanEe the use and charactrr of said property or in any w~y impair or N•eakrn thr .riuntc •if th~~ nv~rizage. And m case r,f thr refu~al. nrgle.t ur in3hd~!p of the ~1or~gagot to repair and rteaintain ~aid propetty, the ~tort~~~crr may, at hic ~~pt~on, make such rrpairs or .au~r th~ same to be madr, and advance moneys in that behalf. (c1 :o p:+~ a!! ~nd ti~n~culu thr ta~r+. a~+resmrnts. Irc~rs, liab~l~/irt, and obhgatiuns of every nature on said described property each and every ~+hrn Jur end p~>:~btr ar:nrJ~nK tu IaH , hefurt thrp I~riome drliyucnt, and tu deliver to the MortgaYet on or Ae(ore March t Sth ot ea:h ~;ar ta~ rr~r~p[, r~idrni~ng Ihr pa}mrnt all !awfull> uaM~+rd taxes fur the precedmg calendar year;tu indemnify the Mortp~ee ~ upon hn Jrmand fur all taxrs, a~u~cmrnt~ and ehergrs that map br auecsrA upun th~s mottgage on the indeatedness secured heraby, and I pa~A f,~ thr m~~rttirRrr wrthuut regard U. any :aN herrtoforc rnactaJ ~~r hereatter to be enacted impe~sin` payment of the whole or any pat[ thrrru( upon thr \lurtgager ~ (d) i~~ pay aU ~nd ungulu the cu~tc, chargeti and axprnsrs, mduding l~wycn' fres and abstract costs teuonably incuned or paid at any ume hy thr ~1urt~Cagee hecaux nf the fr~lurr nn the part of !he Mortgagor tu perform, comply with and ablde by qch and every the ~ shpulahunt, agrerments. cond~t~ons and cuvruants of said promissory note and this deed, or either, and evety sutA payment shall btu ! intrrcst from dalr el [ht ra[t of [r!~ (10 per centum per annum. (e? It ic furth~r cumonroird and agreed by tiaid part~es thai in the event ot a suit being instituted to foreclose this mortp~e, tdt Mort- gagrn chall hr rntitlyd tn apply at any hmr pend~ng such torcclosure'suit to Ihe coutt having jurisdiction Ihereof for Ihe appointmrnt ot a rrce~~er aIl and .~ngulnr the mortgaged pruperty-, and of all rents. ~ncomes, profits, issues and revenues thereof, trom whatsoever source dernrd. and thrrrupon it is hrrchy txpressly mnvenanted and agteed that thr Coun shal! forthwith sppoint wth raeiver with the usuaf pnwere and du[irc of recrivrrc in likr rases; aod saiJ appointment shall be made by the mutt u a matter of slrict risht to the Mort- gagee, and w•~th~ut referrnce to thc adequacy ~r inadequacv of the value of the proptrty hereby mort`a=ed, or to the solvency or insol- vnncy of the hlnrtgagors or any uther party de(endant to such wit. The Mortgasor hereby specifically waives the ri~ht to object to the appuintment ut a recei~rr as aforrsa~d and heref~y expreul~• consents that such appuintment sha~l be made as an admitted equity snd ss a mattrr ot ah,ututr right t~~ the :?lortgagre and that the vme may be done without rwt~ce to the Mortsa`or. (n If fure.lusure procrrdingc should he ~nstrtuted against the property covered by this mortgage upon any other lien or claim whether alleged to be supenor nr ~unior to thc lien of thn mortgage. ~he Morteagee map at his optio~ immediately upon institution ot such suit or during the penJrncy thrreof declarr this morlgage and lhe indehtedneu secured hereb}• due and payable forthwith and miy at its option ~ pruceed to furrc:ose th~s murtgage. (g) That the S1nr[gag~rr w~i11 keep rU rral an~ prrv~nal propcrty now or hereafter encumbered by the lien of this mort~ase insured u may be reqmrrd frum t~me to ume b~ thr ~lortgagee against bss ot fire, w•indstorm and otAer Aszards, caswltia and mniin~eneies for sueh K per~ods ~nd tor not less than wch amount~ as mey hc rcyuued by the Mortgagee and to pay ptomptly when due all premiums tor such t insurancr Thr amnunts ~~f ~nsurancr reyuirrd by the 6iortgagee chall be the min~mum amounts fot which ssid insurante shaU be written = and ~t shall he ~ncumExnt upon the Mortgagor to maintain such add~tional insurance as may be necessary to meet and tomply fully with all co msurance rrquirements conta~ned in said ~hc~es to the end that the said Nort6a`or is not a co•insuror thereundet. Insunnce shall be 3 w~riUen by a compan~~ ~.r compames apprc»rd or drs~gnateQ hy the Norlga6ee and all policies and tenewals thereof slull Dt held by the 3 Mortgaaee. All deta~Ied Jes~gnations by thr f~fortgagor wh~ch are accepled by the Mort~a6ee snd all a~reements between Mortsa~or ind k Mortgasee relating tn insunnce, nuw e~isting or hereatler made, shall bt In wrihna and shall be a part of this mortµae a~teement u fully ~i as though set forth rrrhat~m h~rem and shall guvern Ao[h parties hereto and their succeswts and sssisns. No lien upon any of ssid polieip Q of ~osurance or upon any refund nr return premium which may be payable on the cancellation or terminstion thereof, shaU be ~iren to otha than the !Nor~6agee, except hy proper endonement aff:xed to such policy and approved by Mortp~ee. Each policr of insut~au sh~ll have af(iied thereln a Standard New York ~tortgagee Cl~use without Contribution, mskirts all bss or bsses undet suth politr ~ payahle to the Mortgagee as its ~nterest may appnr. In the evrnt any sum or sums of money become p~yable thatunder the Mortµ~ee ~ shall have the opt~on to recervr and apply the same un account of the indebtedncss hereby secured, or lo permit the Mortp~or lo re- ceive and ux it, or ~ny part thereaf, wilhout thaeby waivins or impairin~ any ea~uily, lien, or risht undet and br r'vtue of thb mort- 6~6e. In erent of toss or physical damage to ~he mortgased ptoperty'the Mortp~or sha{I ~ire immediate notice Ihereof br mail to f~ ~ Mortsasee and the Mor~sasee may make ~+roof of loss if the same is not msde promptly by Ihe Mott~ot. !n erent of forecb~utt of ~ • a A M ~ r ~ v ~S ' 1 if ¦ ~ - 30~!! JV~ r!:f ~ ~ a . - _ - - - ~~~'~^~h r - t~,~ ~ ~