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~ and ts~a and suessmeots nast due (as ~ced b~? MatQa~ee) lea all tnstall~b alroadr paid chaefor. divided
by the number of moutl~s that ars to eiapse oae moathp~o~ to tba ciate wbea such premium or praniums and tuea sad
assn~meab will beoome delinquea~ Mart~ee ~a11 bdd ~ch moutbtyw
ymmits in tru~t without intesat or dividaads
co psy :uc6 p~anium ar pramiua?s, and caues aod a~e~oeob, before che ~uas become deL'nqueat.
A11 paymeab meatioa~ed in tbe ng iuMec.fian of ehb p~rs~ph and all paymenb t~ be made uader the note
cured haeby shall bc addod tog~
and die aggregate amouat thereof shaU be paid by fhe M~xtgagar e~ch moath Ia
• siagb payment to be app!!od to the fopa~wing itmu la the ader ut fath:
(1) Taus. ana~nmtt. f~re. wiads~o~m and otbar h~zard iasuuanoe V~miums;
( Q) Intaat on the note secvred heraby;
( 3) Amo~iZation of the principal of uid nob~
Any defideacy tn the amoud of such aggre~ate awntWy wrments sha1~. un1e~ paW br Mortgagor prtar co tbe due dace of tbe n~t wc~
P~Y~. coastitute an event of default under tLe mortga~a
Tbst if the total of the WY~nts bY Mo~aBa unda (i~ oE the p~eoediog paragrap}~ sha11 e:oeed the ~ af Myn?e~b a~tuaUy
made br Mo~ea ior cues aad assesunmts ani iasuiance praniums. as tbe c~e maY be. such esoess sliall be credited by Matgagee on
subsequmt Pt?Yments b be made by Martgagor. lf 6owova. tbe montl~ P~Ymen~s made bY 1?'~wtBaSor undar (s) oE the ' P~-
~n~h s}ul! noc i~ave been suffidmc co pay ta~ces .nd assessma~ts .nd inauranee prm~i~ms. .a the case u,.y ba •~m t6e ame ,haU
due sod raW~ tha~. cLe MoKgagee may ac oQtioo immediatdy pay such wros and assasunenb and insurauoe premi~t. u,d Mat-
gagor ~pay co 11!ortgagee any amounc nee~sary to ma1~e up the deficicoay..na sucl, pa shall be ane ana r.r.bk within thi~ty
(30) days aker the date af m~ing of notice by Martgagee setting forth tbe amouut of wch If at ury tia~e Mo~tga~or s1~~ teo-
der to Maigagee in acoo[danoe with provisiom ~f the no~e secured hereby full payment of the entire indebtedness repnaaded
bereby. Mo~tgsgee s~U in computiag the anwunt ot such indebtednets aodit to the accau~t of Matgsgor say ba4noe remaining iQ tlx
Euods accum~ilated uader the provisioos of ( a) of the P~~S P~S*sP6. If there shall be a dehult andet any aE tl~e pro~isiom of this
mo~tgage resuiting in a pubtic sak of the premises covered hercby or if Mortgagee aoquires the prop~rty othQwise aRer defauk, Mu~tgsgee
ahall aPPly. at t~e time oE the commencement of. wch procoed~ or at the ti~ae the propetty is othe~wiie soqwred. the ba4nce t~ re-
maining in the funds aocumulatod under the P~~B P~S~P as a credit agaia~t the amount then re~naining unpaid under said note.
IN WITNESS WHEREOF the Mortgagor haz caused these presents to be properly executed on the date aforesaid.
Signed, Sealed and Deliver~d in ihe presence of :
/ .
(SEAL
~7 ,-j ~ PHILLIP P. ZIPES
--~C~t~c~ ~ (SEAL)
~~i~ 2g (SEAI.)
4 49 4 8~ ~~.t~,,~ Nf~~~~ - c~.,
~ S ROG
~fA
P~TRAS~ -
f.ifRK LiRCtHT
R~tift~ ~'E~:1"iE~
STATE OF FLORIDA
ss.
COUNTY OF DADE ~
I, the undersigned Notary Public, do hereby certify that PHILLIP P. ZIPES ~c
' ~Y~Wt~, to me kno~~n and known to me to be the perso ~ ~ d
i who executed the foregoing :1lortgage, personally appeared before me this day and xeme~d'1~c ac e
i executed the same for the purposes therein expressed. . a: ,
; - -
E
' IN WITNESSS WHEREOF I have hereunto set my hand and affixed my official seal this;`~ . .
~ June A. D., 1979 , ~t~ ~r - ` _
t • . -
~ . ~ ~
Notary Public for the Sta e o
~ • _ _
My commission expires:
E ~IOTAI~U ~Ull1t StATF OR ROlUp~ ~t IMOt
' Mr c~u~~ssic~v Exe~~ES .ru;v Zt, ~set
~ BOt~(DEO THFW MAYAARD 80NpNO AGD~Y
~ STATE OF
~ COUNTY OF S~
~
~ I, the undersigned 11~'otary Public, do hereby certify that and
a
~ _ personally known to me and known to me to be
~
~ President and Secretary, respectiye~y„ o~
y
~
° a corporation organized and now existing under the laws of the State of _ _ and who as
~ such officers, executed the foregoing ;liortgaqe, this day personally appeared before me and acknowledged before me
; that they executed said »ort~age as such officers and attached the corporate seal said corporation in the name of
~ and for and on behalE of said corporation freely and voluntarily, for the uses and purposes therein expressed, and with
~ full authority so to do. ~
~ IN WITNESSS WHEREOF t have hereunto set my h:ind and affixed my official seal this day of
~
~ A. D., 19
~
Natary Public for
My rnmmission expires: ~
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