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Home My WebLink About2811 = 4,.500.00.___ March 8 Vero Fkach, Florida - • - 197_9.. On or before M8 2, 1984 - ,tier clef., I, we a either of us promise to pay to tM order of • ' LORETTA MATHEWSON _---------NINE_THOUSAND FIVE HUNDRED AND NO/100----------------- - - - - - - - - oou.wts for value received, pay,bl.at office__of_Schrank_and_-Eagan, _ P.A._-t _ Attorneys_ at -Law, • 633•-_N.E__167th_St.,__Suite 501,- North Miami Beach, Florida 4 -with interest f~ at the me of _____._9..____ per cent per annum until paid; interest annuall payable --Y--- - Md each of us whether maker, guaranto? or endorser, hereby severalty waives and rcnainces any end all homestead exemption rights we may have under the Constitution w laws of fhs State of Fbrida, w any other State, a United States, as agairut this rote; and each further waives demand, rofios of rwn-payment and protest, and in fire want it becomes necessary to collect this note through an attorney, agrees to pay ail costs of collection, including reasonabN attorney's fee. The interest of this note shall be due and payable annually at the rate of 9% per annum on the unpaid balance and shall be due and pay- able commencing May 2, 1980 and continuing on the same date of each year thereafter until the principal sum has been paid in full. In the event that the maker sells the real estate which is the security for this note, then this note and the mortgage shall imme- diately become due and payable. Any payment or any part thereof may be made on or before its due date without penalty. l - v l~ No.------------------- ~ _ s / Jorgze F . Murgio - SERI. ~ ' 1 OE ~ . I~IYtGYa------------------------- - /S/_ - -~x-~a- W,---Murgio sF~?I. MARIA W. MURGIO and shall duly, promptly and fully perform, discharge. execute, effect, complete, comply with sad abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this mortgage„ then this mortgage and the estate hereby created shall cease and be null and void. It is understood that each of the words, "note," "mortgagor" and "mortgages" respectively sad the prop- owns referring thereto, whether in the singular or plural anywhere in this mortgage, shall be singular it one only and shall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter, whet` ever the context so implies or admits. And said Mortgagor for himself and hie heirs, legal representatives, successors and assigns, hereby oovaa- ants ano agrees to and with said Mortgagee, his legal representatives. successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note. and this mortgage. each and every, promptly on the days respectively the saad~ severally become due. 2. To pay all and singular the taxes, assessments. levies, liabilities, obligations and incumbrances of every nature and kind now on said described properly, and/or that hereafter may be imposed, suffered. placed. levied or aaaeaaed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- i Hess secured hereby, each and every, when due and payable according to law, before they become delinquent, and before any interest attaches or any penalty is incurred; and in so far as any thereof is of record the same shall be promptly aatiafied and discharged of record and the original official document (such era, for inetaace. the tax receipt or the satisfaction paper officially endorsed or certified) shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied end discharged, said Mortgagee may at any time pay the same or any part thereo[ without waiving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centum per annum and together with such interest shall be secured by the lien of thin mortgage. 3. To place and continuously keep on the buildings now or hereafter situate on said land fire and windstorm i insurance in the usual standard policy form, in a >t4im not less than =_...-...NStI?~Q in such com- ~ parry or comp^nies as maybe approved by said Mortgagee; and all such insurance policies on any of said build- ings, any interest therein or part thereof, in the aggregate sum a[oresaid or in excess thereof, shall contain the usual standard mortgagee clause making the loss under said policies, each and every, payable W acid Mortga. gee as hie interest may appear, and each and every such policy shall be promptly delivered to and held by said k Mortgagee; and, not less than ten days in advance of the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of t+itr•h renewal• and there shall be no such insur- once placed on any of said buildings, any interest therein or part thereof, unless in the form and with the loss payable as aforesaid; and in the event any sum of money bernmes payable under such policy or policies acid Mortgagee shall have the option to receive and apply the same on account of the lndebtedneas secured hereby or to permit said Mortgagor to receive and use it or any part thereof for other purposes without thereby waiving or impairing any equity, lien or right under or by virtue of this mortgage: and in the event said Mortgagor shall for any reason tail to keep the said premises so insured, or fail to deliver promptly any of said policies of insurance to said Mortgagee, or fail promptly to pay fully any premium therefor, or in any respect fail to per- form, discharge, execute, effect, complete. comply with and abide by this covenant. or any part hereof. acid Mortg- ages may place and pay for such insurance or any part thereof without waiving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centum per annum and together with such Interest shall ba secured by the lien of this mortgage. 4. To permit, commit or suffer no waste, impairment or deterloratloa of said property or any part thereof. 6. To pay all and singular the costa, charges and expenses, including reasonable lawyer's tees and cost of abstracts of title, incurred or paid at any time by said Mortgagee because and/or >n the event of the talltrre on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute, effect. complete. comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promis- sort' note, and thfs mortgage, any or either, and said coats, charges and expenses, each sad every, shall be [m- mediately due and payable, whether or not there be notice, demand, attempt to collect or suit pending• and the full amount of each sad every such payment shell bear interest from the date thereof tuiW paid at the rate of tea per centum per aruium• and all said costs, charges sad expenses so incurred or paid, togeWer with such fa- ' tercet, ahW be secured by the lien of this mortgage. 1 eoRS 309 ~acE2808