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Home My WebLink About2206 Z:'r . , ` i ~ ~ ~ROViDEO, ALwAYS. thM it the Mortp~u ~au p.!? w~eo cbe Mort~pee cbe ind~ilairs '~rM~oM tjr • eMlai~ ~wrwey MM ot whicA the toNow~ i~ wad~ a~d tipra M~ t~ae copy to-wk: . , ~ _ ~ S 11.975.00 _ Fort Pierce. Fla;d, June 20~ 19_JQ_ FOIt VALU~~E~~n ~ WE. iointl4 and seve 8awlve promae to ~ay ~o the order of k the nc 1 sum of F1FVFlii TNAiTS1Nn ~ NE llNDBED SEVENTY_~1VE --------l~l~/1 AADOLLARS. P~ ~M ~c~ether with interat thereoo f~oaA dNe al the nte of twelve percent.per aonum umil maturity. both princip~l and intercs~ bein~ payabk in Iaw[ul mouey of the United Statesat 22M Biuayne Blvd.. Miam~. i~londa, or at:ucfi other place u the holders hereot maydai=nate in wnlin=. i'~iacipal and iMerest p~yabk in i~tsllments a~ fdlows: ~ ~ 1W0 HUNDRED 1WENTY FIVE ($225.00) DOLLARS per month beginning ~ on the 15th day of August, 1979, and continuing on the 15th day of each and every month thereafter until.paid in full. ~ F ~ Th~ note may be prepa~d in whok br in p~n at aoy time upon payment of a penalty eyusl to five (546) percent of the principd sum propaid. The Ioao evidenced by this prom~ note has been m~de pursuant to Chapter 656. Florida Statuta as authorized by 6a7. ! 2. Florida Ststuta, and the p~yee here~n has made the oan thmugh a liaroee under Chapter 494. Florida Statates. Each instaWaent ~ayment shall be crcdited first on the interest due, and the rcmainder on principal: and ioterat shall thercupon aase upon the ~ pri~ciptl so crcd~ted. ~ I~he makets a~d endorsers of this note funher a6ree to waive demand, notire of no~-payment and protat, and in theevent suit sAsll be brouaht ~ for the colkction hercof, or the same has to be colkcted upon dema~d of an attarney, to pay rcasonabk attorney's kes for making such calkc- tion. Ikftrrod payments hereunder shall besr intercst at the rate af twelve ~rcent per annum froru maturity until paid. I~his note is secured by a martbaae of even date hetevrith and is tc~ he corot:uni and cnforccd aocording to the laws of the State of FbrKla, upon ~ default ie the payment o[ princip~1 andi or intercst when due, ~he whok sum o( r' ipal and interat ' ins unpaid shall, at thc apt~on af ( the holders, berome ~mmediately due and payabk. ~ _ ^ ~SEAI.1 F ISEALI ~ 1'tepued by Slankp H. Spiekr, Au~xney - 2240 Biscayne Bl~.d_, Miami, lorida ~ . ' ' , t a~d ~ per[orm, caapiy rvith and abide by each and evrry the stipulations, a~eemeua, oo~cioey,apd oq.enana of aid promisoty note and of this dced, thsn this deed and the estate thereby created shall cwe s~d be t~ so~ ' - 1. The Mortg,agor hereby covenants and agrees: (a) To pay all and singular the principal and interest and othrr sums ot money payable by riRure of said promiuory rwte and thi~ dtcd, ot either, prumpUy un the days respectively the same serenlly bccuma ctue. (b) To permi~, commit or suffer no waste and to maintain the improvements at all times in a state of ~ood repair and condkioa, and !o do or permit to be doae to said premises nothin6 that will atfer or chante the use and charactet of said ptopettr ot io sny wsy impair a ~ weaken t he security ot this mortgaae. And in case oi the refussl, ne`lect ot inability of the Mortts~or to repa'v and maiataia said ptopatr, the Mort~agee may, at his option, make such repairs or cause the same to be made, and sdv~nce moaeys in that behdf_ ~ (c) To psy aU and sioEulu the bxts, uxs~men~s, leries, liabilities, and- obliEations ot every nature on ssid dacribed ptoperty ach and ~ rrery vvhtn due and payable sccotdin` to law, before they become deliquent, and to deliver to the Mori~=ee on or betore Much 1 Sth of ~ each ypr tax teceipts evide~cins the paymznt ot aU lawfully imposed taxes tot the precedios cakndu ycu;to indemnif~ the Mortp~ee upon his demand for all ta:es, asxuments and charges that may be asusseA upon this mort~ase on the indebtednas sacured hereby, aod ~ paid by ihe mort`a6ee, without retard to any law heretofore enacted or herqttet to be enacted imposin~ psymeet of the whole or snr part thereof upoa the Mortsajee. ~ (d) To pay all sad sinaular the costs, charaes and c:penses, includint lawyea' fees aad abstract oosts reafonably ineYrred or paid at aar ~ time Dy the Motfsaaee benuse of the fsilure on the part ot the Morteajor to pertorm, oomplr with and abide br qch aad avery the stipulat'ans, a`reements, conditions ~nd rnrenanis of said promiuory note and thts deed, or eithet, ,na e~r soen ~arm~. : shali bqr interesttrom date al the rate ot ten (10%) per centum pe~ snnum. . , - (e) It b tuttber mnrensnted and aFeed by said puties thst in tAs erent of a wit beitq instituted to forsdose tdk moR~a~e. t6e Mort- ~ p`ee shall be entitled to apply at anr timc peadiig wch foreclosure suft to the court hsvia~ jurisdiction thaeof for the appoiatmrnt of a receiver of all a~d siniular the mwt~a~ed property, and of all rents, inmma, profits; iuua and revenues thereof, trom what~oeva ~ source derived; and thcreupon it is hereby expressty mnvenanted ~nd atreed that the Court shaq fotthwith appoipt wch teteirst wilh the . ususl powen and duties of teceiren in !~e caxs; and said appoi~tment shall be made by tAe ooutt u t taattar ot sttitt ti~At to the i+lotl- psee, and without reference to the adequacy or inadequacy o( the ralue of thc property hereby mort~qed, or to Ide wNency or insol- rency of the Mortas~on or sny other puty defendant to sucA wit. The Mort~a~or herebr spetific~0y vv~ives the ~At to object to the appointment of a receirer u sforaaid snd hereby expressly consents that such sppointment shal! be rtude as an sdmiited equitr and as a mslter of aEsolute ri`ht to the Mortaa`ee and that the same may be done witAout notice to the Mort~a~or. (n It foreclosure proceedinss shoutd be instiluted apinst the propertr coreted by this mort~s~e upon anr othn liea or elaim whelha alleted to Ae supcrior or junior to the lien of Ihis mort`afe, the Mort~a~ee may at ha opt"an immediately upon institutan ot wch wit or durin` the pendency tbneot declue this mwt6s6e and the in~lebtednas secutcd heteby due snd piysble forthwith ~nd auy s! its option ~ proceed to forecbse this mort~a`e. (a) Thst the Mon a or will kee a11 real and ~ B 6 P personal property now or haeafter encumbered by the lien ot this mott~e iawred as mar ~ be required frum time to timc by the Mor[6asee agsinst bu ot fire, windstorm and other harards, cuwttia aad oontin~eucies fot such perads and for not leu than wcA amounts ss msy be requ'aed try the Mortp~ee and to pay promptly whrn due ap prta~nms for sucA ~ insurance. The smouats of inwnnce required by the Mortp~ee shsll be the minimum amounts fot which s~id inwr~nes iha0 ba writtea ~ snd it shsll be iecumbent upon the Mortpsor to maintain such additional insunna as msy be necessary to me~t aad complr fuQf with aU ~ oo-insunnce requiremenls oonuined in ssid policies to ths end that Ihe ssid !`lortp~or h not a co•insuror thereuadet. lnstuancs sh~ll be written by a company or companies approved or des~nated by the Mort~ee and sll policia snd reaervals tAueof sA~U b~ 6dd b~ tM ~ Mort~s`ee. All dctsikd desi~nations by ~he Monp~or wqich are accepted by the Mort~ee ud all ~reements ENween MoA~or ~n0 ~ Mort6a~ee relatin~ ~o irtsu~ance, now ezistins or hereafta mxle, shall be in writin~ aad shall be s patt ot this tdort~e a~resmtnt u fuU~ ~ ~s thou~h set fo~th rerbatim hcrcin and shsU `overn both p~ttia hereto ~nd tAeir succetsors nd assi~ps. No Ika apoa sa~ of t~id policies ~ of insurance or upon any refund w return premium whieA may be paysbk on the canullation or tamlastion tbeteof, s6aB M~hrea to ~ other than the Mon`atee, eacept by propcr endorsement affixcd to wch poGcy and spproved by Mort~a{ee. E~cA poliep of iasYnap ~ shap havc stfiied Ihe~eto a S~sndard New York Mortsa~ee Clause without Contribution, maki~ all bss or b~es undst sueh poUcp p~yable to the Mortp~ee u its interest may appcar. In the e~ent anr wm or wms of moner betame psr~bk thete~ada tbe Wortp~es shsd hsre the opion to rttehe and apply the ssme on ~ccount ot Ihe indeblednqs dertbr fecureA. or to petmk the Mort~or to n- ceire ant! use it, or anr put thereoi, without thaeby waivin~ ot impairitK anr equilr. liea. ot ti`ht unda tod br virtw ot t6is sort- p~e. In tvent of bu w physicsl dama~e to Ihe mort~s~ed propettfi the Mort~or shaU ~lve immadl~is noNa tAanot b~ eW W tM Mon~s~ee snd the Mort~ajee may make prooi of lou it the s~me is not made promptlr br tde Mortp`m. In sotM of foredosurs of fi = ~'go~31.~. Ft,cE2~?tl5 ~ . - -