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Home My WebLink About1773 . ~ _ ' - ~ ~1 , . lR+OV WED. ALWAYS. tlut ~t the Mort~x ~Il Nq? ~sto tbe Mortjyee tbe iadebted~ evidenced bq s aiti ~e~eey ~Me ot whid~ the toMowiu~ ia wad~ aad t~nree i~ a twe oopr to-~vit: .,/IO~i . . . S 4.300.00 ' _ Fort Pierce, ~ F~a;da June 9, 19 79 ~ FOR v~I.UE RECEIVED WE ~ io,~intl.~v and several l~ promise to pay io tlie order of T T? t ZAI~i PRFSSMAN the principal:um of ~A 1SAND 74iRFF N1INDRED ---------------------NO/1QQ_ pOll_I1RS. ~oaether with i~te~est thercon from dats at the nte of twelve perceot,pe r annum until matu~ity. both principal and intertst being payabk in lawtul mot~ey o! the United States at uM Bi:cayne &vd.. Miami. Florida, or at such othe~ plsce as the holden hercof may desianate m wntina. . Principal and interest payaWe in installments as followa: ONE HUNDRED ($100.00) DOLIARS per month beginning on the 15th day of August, 1979, and continuing on the 1Sth day of each and every month thereafter until paid in full. This nofe may be prcpaid in whok or in pan at any time upon payment of a pcnalty equal to five (SR6) percent o(the principal sum prepaid, The lo~a evidenced by thu prom~ry note has ban made pursuant lo Chapter 656, Florida Statuta u authorized Dy 687. f 2. Florida Statuta, and the payee heran ha: m~de the loan through a liansee under Chapter 494, florida Statutea. Each instaUment payment shall be credited fint on the interctt due, and the remainder on pri~ipal; and interest shaU thereupo~ eeaae upun the principal so credited. The makers and endorsen o( this note fuhher aaree to waive damsnd, notice of non-payment and protat, and in the event auit shall be brought 1 or the colkction hereof, or the same has to be colkcted upon demand ~~f an att~~rney, to pay reasonabk attorney's fas (or making such colkt- ~ ~on. 1lrlerred payment~ hereunder shall bear intcrest at the rate ~~t twclve ~xr~rnt per annum irom maturity until p~id. f his note is secured by a mortEage of even datc herewith and is to be corutrucd and enforced accordingto the laws of the State of Florida; upon default in the p,yment of principa1 andf or intercst when due, the v?~hole sum o( principal and interest remauung unpaid shall, at the optic.~:i o( :he hoWers, become immed~ately due and payabk_ ~SFA1 1 S , . (SEAL1 Prepartd by Stanley N. Spitler, Attarnty - 2210 Biscaync Blvd., Miami, Florida awd ~M perEoe~, comply ~with aad abide by each and every the stipulations, ~ts, conditans and oo~earb ot ~ pronti~orp Note and of this dad, thea this deed and the estate thercby created ahall cwe aad be auU aad void. 1. The Mortg,agor hereby covrnants and age~: (a) To pay stl and singulu the principat and inierest and otha sums ot money payable by virture of sab pmmiswrr note and thls detd. or either, prompUy on the days respedively tM ssme srraallX becoma due. (b) To permit, commit or sutfer oo rwste and to maintaiw th~ improvements st aU times in a state ot ~ood repair ind condition, ~ad to do or permit to be done to said premises nothin6 that will sNu ot chan~e the use and chuscter of said propaty or ia aar war impdr a~ ; weaken the security of this mortp~e. And in ease of the rcfusal, ne{lect or inabilitr of tfie Mortp~or to repair and qlttnt~in ~ajd propatr. ~ the Mon~a~ee msy, at his option, make such repairs or cause the ssme to be made, and sdraace moosya in that behdf. { (c) To pay all and singulu ths tazes, sssessmrnts, levies, liabilities, and oblisations ot every mture on said desctibed propMr eacA sad ~ evtty when due and payabk sccordirg to taw, before they become detiquent, and to detirer to the Mort~ee on or before M~tch 1 Sth of each yar tax receipts cvidencins the paymrnt oi atl bwtully imposed ta:es tor tAe ptecedini ukndar yeu;to indem~ify the Mortpix ~ upon ha demand for all taxes, assessments and charses that may be asseued upon this mort~a~e on the indebtednes~ secured 6ereDr, and ~ paid by the mort~s~ee, without re=ud to any law heretoforc enacted or Aereafter to be enscted imposi~ psymeet ot the whols or sny part thereof upon the Mort~a~ce. (d) To psy all snd sinsutar the costs, char~es and expenses, includint lawren' tees and abstract costs ressonably iacurred or paid ~t any ~ime by the Mortgsaee becaux of the faiture on the part of the Mort~s`or to perform, oomply with and ~bide br ach and ererf~ tAe stipulations, a~reements, rnnditaaa ~nd rnvensots of said promissory note and this deed, or either, snd evetr.snch payment sdap bwr interest from date at ~he rate of ten (10~,) per centum per annum. (e) It is further convenanted and a~recd by said partie; thst in the event of a wit bein~ instituted to foreclose this mort~aie. the Mort- p6ee shafl be entitled to apply at any time pendina wcA [oreclosure wit to the court luvins juri~diction thaeof for the appoiatmeat of a receiver of all and sin~u4r the monpsed property, snd ot aU rents, incomts, profits. issues an6 rsreauss thaeof. hom wluttosver . source derived; and thereupon it is hereby exptessly convenanted and a~reed thst Ihe Court shall fonhwith appoinl wch receiver with lhe usual powen and duties of receivers in like casa: and said appointment sha0 be m~de by tAe oourt u a rt~jter of sttitt risfit to the Mort- ~a~ee, and withou~ reference to the sdequacr or iaaAtquacr o( the vslue of the propettr hetebr mortppd, or to tbe whaaer or insol- rency of the Mortga~ors or any otha puty defendant to sucA wit. The Mott~a~or haebr specit~cally waives the ti~ht to objeet to the ~ppointment of a receiver u aforesaid and hereby expressly oonsents thst such appointment shall be made as a~ admltted equitr and as i matter of absolute ~i`ht to the Mortsaaee and that tAe same may be done without notice to the Mottp~ot_ (n If foreclosure proceedirKs should be instituted apinst the property corered by this mort~a~e upon any other lien or claim whetha sllcaed to be superior or junior to the lien of t(ps mort~ate, the Mort~a~ee may at his optan immediately upon institutan of sucA suit w durins the pendency thereot dalue this mortq`eand tlx indcbtednas secured hercby due snd par~bls forthwflA ~nd aur ~ its optbn c= proceed to forecbse this mortgs`e. • (g) TAai ihe ~torrgaro: xil! keep a8 res! usd pereonal propesty now or herenfter encumDertd br the liee ot thh mort=t~e inw~ed ss mar ~ be required from time to time by the Mort6asee apinst bss ot fire, windstorm and other haurQs, cuuaHies and contin~endes fot sucA per"ads snd for not less than such amounts as msy be required by the Mortp~ee and to par p~omplly wArn due all premiums for sutb ~ insurance. TAe amounts ot insurance required by the Mort~ee shall be the minimum amounts for which s~id inwr~nce ~batl be written I an6 it shall be incumbent upon ~he ~lort~agor to maintain such sdditional insurance as msy be necewry to meet snd comply fully with all . ~ m•insunnce roquuements contained in said policies ro the end thst the said Mort~ot Is not a oo•iasuwr thertuadet. Insurance sAall bs wrilten br a company or mmpanies approred ot desi~nated br the Mort~et aed all polkies ~nA renewsls tAaeot shaU be 6eld br tAe ~ Mort~a~ee. All detailed desi~nations by tAe Mortgasor which are acceptcd by tde Mort~ee snd aU a~reements betweea Mort~{or and ~ Mort~s6ee reiatin~ to iruursnce, now eaisti~ or hereafta mde, ~hdt be in writins and aha0 be a p~rt of this mwt~e a~nsment ~s fnOr ~ ss thou~h set forth vtibatim herein and shall 6orern both parties haeto snd their succcsson snd afsi~ns. No lien upon anr of ~id policia ~ of insursnce or upon any retund or return premium which msy be psyabk on the uncelbtion or taminstion thereof, shan bs ~hsn to ~ otha than the Mort~a~ee, excepl by proper endorsement afti:ed to such policy snd approved by Mort~~e. E~ch politp of iasunnet shap have affixed ~hereto s Standsrd New York Mort~a6ee Clause witlwut Contribution, makia~ aU ba or b~tes undsr weh polier psysble to tAe Mort~s~n as its interest may appeu. In the event any wm or sums of moner beoome parible thereunde~ tbe Mo~/p~M - shsN hsve the option to receive snd apply the ssme on account of the indebtedness haeby secured. or to permit the MoR~ot W ts- ceire and use il, or soy pan ~hereof, without thaeby wsivin= or impsirin~ any equitr, lim, a N~ht uada and by rirtw of thM aart- p~e. In erent ot bu or physical dama~e to the mon~a=ed property the Mortp~or sh~p ~ire immsdists notice tAenot br msil to tM Mort~s~ee and the Mort~s~ee may mske proot of lou if the s+me is not made promplr br the Mort~or. In event of torecbwre of ~ ~ , 30~!! S ~ l~ ` . . . ~11 ~,,~:-177~<~ ~ .