HomeMy WebLinkAbout0951 MORTGAGE DEED - Page 2.
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a
~~ys~ that ~ w~oN~per t~~ p~y unf~ awN ~wort~~ ll~~ ctNetn promlt- ~
~ory note he?elna~ter :u6,~a~~ttolly c~o~t«I or ldentlfl~. f~-wlt: ~
5134,000.00 Fort Pierce, Florida,.May %E' , Z984 ~
3
Fbr value reoeived, we pranise to pay, without de,falcation, t~ the order of LUTHER
ASKINS and CHARLOTTE ASKZNS, his wife, at 1831 Sinney Drive, Fb~rt Pieroe, Florida, ~
33449, the s~m of Q~ H[)rIDRID Z~iIRTY
F~OIAt R4~Oi~S~AND and no/100 DOId~iS with int,~rest from '
date at the rate o 08 per annun, in aruwal u~stallrnents, as fo lows: ~ `
$26,800.00, plus interest, oa~ the day of May, 1985, anci a like svn, plus in- _ i
terest, on the oo day of lik~e periad ther~eaift~er, until
the whole be fully paid.
If default is m~-~de in the gayment of any instalhnentwl~en due, then at the a~tio~ of the
Yx~lder, and witho~ut any other ratice, all the remaining installm~ts shall be due a~d
payable at onoe. Privilege is given t~o pay t~ or m~re installments at any installment
maturity date, but this shall not exter~d the tim~ of maturity of any subsequ~ent install-
m~nt. Neither forbeararu,e, no aiooeptanoe by tt~e hol~er herec~f after any default in any
nayment herean, shall be deaned extension.
Each ma]cer, surety and esxbrser hereof, jointly arxi severally, waives denand, presentm~ent, -
protest arxi notioe of protest for nonpayment, and further agrees t~p any extensian of time
of paym:nt, eit.t~er before or after maturity, without notive to any of us; and to pay all
oosts of oollectio~, including a reasonable attorney's fee in the event of any default
herev~3er, arcl h~seby severaZly waives all ba~~it of ha!tiestead and exenptivri under the
oonstitution and laws of each State of the Unite~d States, as against this obligation or
any extension or renE.wal hereof .
Witness the har~ and seal of each p~arty. R S S RF.AT, FSTATC pQi~~Ai?]Y, a rew York Ge~heral
AKIi3IJR ~~JBIN (S~EAi~) pa'~uP a
Ax~thur ~Ll2bin By LII,A GLAS.SI~+~N §
f
Lila Glassnan, as Trust,ee
~i~ . GRAPEF~t[JIT PAR~S, a New York Cyen~xal
Nk-~rion Rubin Par~ez~hiP .
SBi~~S, a Florida Genexal Partnership
By Dq[~IIdl~ RC~SFI~1
By SIDI~Y RIBAKOFF T Donrta R~s~n, a G~neral Partner
Sidney Ri.bakoff, a General Partner Sy RI(~~RD RpSII~1
Richard Rosen, a Ger~sal Paxtner
an~ s6al~ per(wm. ~omp~y wifti and abtde 6r eocb and ei~erp the agnerewenla. stipulaflons; condtlton~ and
coneno~ls ~hereo~, and o~ thts mo?tpot~e. Il~en f1~is n~orfgope ond ll~e estat~ l~embr cnaled, shall ceais, de-
tPrmine and 6a null and ~wid. .
1~~ mwtga~or ~sml~Y ~urll~er c~ptrtnan[t rnd agr~ees lo par ~x~amptly wfien due tlte principsl ared '
inleresl a~c~ ol~er sumt o~ money provfded ~or !n aald nofs and fhis morfQoge. or ellher; b por a~~ and
. singu~ar Ihe fax~t, assessmenfs, leutes. ~Jabt~lft~, objtgeflor~~. anc~ esicum6ronna o~ every oolurt on sotd pro-
pPrfy; fo pprmit. commif or ~rrf~rr no waste. tny~a[enunf or detertorntion o~ iald land or t~e lrnprovements
fh~n at anr firnp; to k~rp the buil~lings now or I?er+~o~fer on ~atcl Iarec~ fuUy lnswed in o swn ol not ~ess
~ha~+ MAXIMUN INSURABLE VALUE
in a company or compontes ac~c~pta6le to tl~ rnorlgafle~, fhe pollcp or polMt~s to 6. h~ld br, and paya6le
to. saic~ mortgagee, an~ In 1~ euent any au~ o~ money ~reroiner P.~6b 6y v!?!ue o` ruc1~ [naeuanct t/~t
morfhagee ahou ~ai~ !~r rigtif lo r~Iw e.~d oPP[r ~o eh. ~dt6~~d~,~ 6~~br ~wed. aocou~lfng
to !~e mo?fgagor jor any aw~?lus: to pay aU cotb, c%aryer. and ~xpsniea. Inc~wling ~a~u~rer'r (ees and Ntle
sean~~PS, rensona6ly Incurred w paid 6y tl~e mortpo0e~ becauae o~ fh~ ~iljrn o~ !~e w~artgagor to promptjr
ar~c~ (u[ty oomply wllh f~e agre~menls, atipu~a[tona. condllfana ~ncr ooaenanti oJ said nole aa~I Iht~ ~norlgae~.
o~ eill~e?; to pr?lwm, romply u~ttl~ and abtd~ br ewc~ ~nd ~cmy tl~e e~r~ems~ti, iUpuja!lons, condifto,u and
covn?ianli aet jorih in said nofe a?~d ~k4 mo.rg~ o~ ~Ithe?. ~n Itie euent f~?~ ~wMgogor jai~a lo pay whsn
du~ a~~y 1ox. assessm~af, insi~nann• pn?n~twn or oII~K iean oJ nwney papaGb 6y vlrtue o~ auJd note and this
inort~rtge. or ett~pr. Itir neoilgag~e ~y p.y ~6. ,a.., wtl~ou! waJving o~ ~~fecting f~e oplfon to ~wec~ose
or any otli~ ?l~h! hp~PUnd~?. nn~I aII suc1~ pnyinenls sI~aII ~ar Infnes! (ron~ dals 11~erro~ at Ihe highe:t law-
~al ral~ lhpn alb~verl I,r Ih~ lau~i o~ tha Slats o~ Florida.
aaa~ ~ Pac~ - ~51
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