Loading...
HomeMy WebLinkAbout0977 / 1NSTALL1~iENT N07f'E = 20, 000. QO ' ~o~~~ Oc~~ber 'l 19 82 ' For e rccet~td tht undersigncd p~omise~ to psy the otdcr of ~7 ' VIC COSSZCK an~~BETTY ANN COSSICK, his wife , thc p~Incipal sum of WENTY TliOUSAND c~11d 110~00------------~- ~ofl~~,ts ~s2D, 000 .00 , togcthcr with tnterest the[co nm datc, •t the rnte oI tWe~.VG 12 per ccnt~ gef3riilUill u~tiS m~turity, DaE~?3D~t?tt7~t ~~~,~1{ti{,~{XXXXXXX2~X~C . K}~}~}jp~CXXX;{.X,X.XkJ~XdiXX:tXXXX ;~,~,xa„~KX~tX aaN~px:u; both•principal ar.d inte[est be~ paysble tn lawful moncy of Ihe Unitcd Statc r its equlvalent, et 3 6 3 3 N. E. 2 2 Y1C~ Avenue, #2, Ft. Laudez e, FL said princ . sum to be pa~~ablc on thc dates and in the amaunts spccifiecl bclow, to-wit: ~ Principal and in~erest paym ts of $35 .05 shal.l be payable moiithly commencing on the 29~hday of embe , 1982, and continuing on the 29th of each and every month reafter until ~aid. ; . . ~ o~ G 1 , ~ E~d+ m~lcer and endomr reYrnll •Ires demsnd, prote~t •nd notlce oE matutity, non-p~ymeot or pcotat d a!! requtrrmenb neceFnry Do bold e~e~ " of tbem li~hle a~ m~km ~nd endor~en. E~rl~ m~ker ~nd endoner fu er •rree+, jotnUy •nd ~evcrally, to p~y •Il msti ot colleclioa, inciudtn~ a reaxm~ ~ttomry'~ tee in eue t6e prineipal ' ot this note or any p~ym-nt cn t principrl or any intrre~t•thereon t~ not p~id at lhe tespective m~wri~y tl~ercof, or in n 't brcoma ntceq~ry to proteet tDe , ~rity hereo(, whrthrr fuit rou~ht or not. 'iT~is note ind dc(e intete~t p~ymeab i~tll beu inte~eu •t t6a rate ot yer cent, prr annum from m~tu ~mHl p~td. ~ 7'hi~ nnte if ucvr by a lit:t mort~~te o( even d~te herrwit6 ~nd if to br con~tratd and enforced ~ccordFn~ to the lawt ot St~te a' Flodd~; upe:a dcf~ult in the p~ymen ( printip~l •nd/ot interett due on any ao!e ~c~vred by taid Mort~~~e. •U ao e ~o tccured and rtmJnins uapai U(atiLwits beaom~ - due and p~Y~1e no eb~tandint theta teoor. ~ ~ . - . c ~ ~ i~ - (Setl) CS s' ~.C.L/ PQ . ~ ~ -Charmaine C. DeRosa ~ ~ ~ ~ •nd shafl duly, pranptfr ~nd fulfy perform, di~charee, e:etute, ettect, complete, comply with ynd abid~ by esch •nd . every the ttipul~tions, •Qreements, conditiona •nd covenant~ oE wid promiswry note and o[ this mortg~6e, tMn tfiis mortgoQe and th6 e~t~te heroby ereated shall cease and be nutl ~nd void. ~ It ia understood that each of the wo~ds, "note;' "moctgagor" ond "mortgagee" rtipectively and the pronouns re- - ferrin~ thercto, whether. in the singular or plura{ onywhere in this mort~sge, ~ht+ll b~ ~ingular if one only and shali be _ ~ - plunl jointiy s?nd ~ever~lly, iE more ths~i one, •nd ah~ll be masculirte, feminine andlor aeuter, wherevec the context ao - ~ implies or •dmit~. . ~ ~ And s~id MortQa=or for himsrlf and his hein, letal repre~ntative~, succeewn •nd ~~aien~, hereby convenants and # - •areea to ond with wid Mat~aeee, h'ss letal representativea, suc~:~saon and a»igna: ~ 1. To pay all ancf sin~ular th* principsl and interast •nd the v~r.ou~ and sundry sum~ ot m~n~y p~yabie by viHue ~ o( said promisso_ry note, and thl~ mort~~~e, earh and ev~ry, prompt:y on the daya r~spectively the same sever~lly ho- come due. _ . • ~ . 2. To pay ~11 and sin~nlar the tazes, isses:ment~, lwia, li~bilities, obli~ation• ~nd incumbnnc~t ot every ~iature _ ~ and kind now :.n s~id dexribed property, ~nd/or th~t hereaittr may be impoxd, suftxred, placed, levitd or a~se~sed ther+upon, •nd/or th~t hsrwftsr nuy bs levied or ~s~ssed upan this mort~aQe end/ot the indebtednesa aacuRed hereby. Mch and eve .ry. wben due ~nd payable •ccordin~ to iew, befor~ they becom~ dslinquent, snd before ~ny intere~t att~ches or any p~nalty is incurred; and in w f~r as any thereo: is of neord th~ t~ms sha11 b~ promptly wti~f[rd ~nd dis:h~rged of reeord •nd the orQinal af(icial document (~uch tor inst~nee, the ta: reeeipt or ths s~tttf~ction paper of(icially en- ~ doncd or certifi~d) shall be placeci in the h~nds of uid Mort~~ees within t~n days nn[t ai~ter p~ym~nt; •nd in the event ttut any thereof is not w paid, ratistied ~nd di~charQed, said Mottea~~ m~y at ~ny time pay ths same or any part thereof without w~~ivin~ or att~ctin~ ony option, lien, equity or right und~r or by vjttu~ of thi• mort~a=e, ond the full unount of e~eh and erery wcn paymsnt shall be ienmedi~t~ly do~ snd pey~bf~ and ~hall b~r int~rest trom tha dete ~ - tbereof until paid ¦t tf?e r~ts o[ ten per centum per ~nnum and to~~tMr with ~uch intste~t ~hall be secured by the ; lisn of this mortaage. _ ~ ~ • 3. 'Po ploce •nd contir~uously keep oo the bu9ldin:a now or hereaft~r ~ituate on s~id land tire ~nd v+ind~torm in- ~unnce in the uswl standard policy tom~, in 4 sum not less than =~9~S~ 1Y15UI'~J~'e Vd~ueia such comp~r.y _ . _ ~ or coanpanies ~s m~y b~ ~pproved by said Mort~a~ee; ~nd ~1{ such inw;~rus pofiris~ on ~ny of said buildines, any interest th~rsin or p~rt thersoi, in the ~~re~ate ~um eforss~id or in uces~ thet~ot, ~hall cont~in the uswl st~ndard mortgagee clause makir?~ ths foa under ~id QoticiH, each ond ev~ry, peyable to aid Mort~~aee ~s hit intarest moy appear, and ~ sach and every such policy shall be promptly deliverad to and Mld by +raid Mast;~tes; ~nd. not le» than ten ~ay~ in ~dv~nee oi the e:pintion of each policy, to deliver to wid Mortt~`e~ • renew~l the»of, toqether with a receipt for . Lhe pntt?ium of such renew~l; ~nd tbere st,yll bt no wch insurancs plac~d an ~ny of Mid buildine~r, any intercst therein or part thereof, unless in the fmm •nd evith tl~e loss pa}nbl~ Rs sfores~id; snd in t2~ evtnt any wm of money becomea - p~Yable vnder such polisy or policie~ ~aid Mort;a~ee ah~ll have the option to »csiv~ and ~pply tbs ume on ~ccount t~ . of th~ i~ebtedness s~cu»d h~sraby or to permft s~id Mort~~ot to r~ive and u~e it or u~y part thereof for other purpo~ writhout thereby wnivin~ ot impairine any squity, lien o~ riRbt undrr or by vittw ot thi~ awri~Ke; and in the svent s~id Mottga~ot sh~11 tor ~ny rawn fail to ksrp tb+ Mid ptseiisw ~o iniu»d. or fRil to delivtr promptiy ~ any of aid policief of insur~ncs to s~id Mortp`~e. or fail pnxnptly to g~y fully any premium t!x»fot, or in ony resptct tail to ptrform, diicfs~rQe, e:ecute, efisct, rnmplete, comply with •nd ~bide by thi• covs~.unt, or any p~rt hersof, ~ t~id Mart~aq~a enay pl~co and p~y for such i.•u»are or. ~ny p~rt thenof withaut rv~ivi~ or ~if~ctin~ my option. lisn, 3::~ aquity or ri~ht under or by viriue of this a~ort~~r, and tl:e full ~x~wttnt ot wch and every wch paytnent shrll bo un- i medi~tety due and pepable ~nd stult bnr intersst froen the d~u thersof untii paM ~t the nt~ oi ttn per centum prr ~ annum snd to`etMr with tuch int~rest shali be s~tur~d by ttw li~n oi this martsan. • 4. To permit~ eo~t?mit oc ntfter no aaste, itbp~irmmt or d~t~t'ioTttlon at Mid ptop~rtq or say part tb~swf. ~ - S. To p~y sll a~d du~ulsr t}~ Go~s, th~ wd ~p~n»s, includin~ rM~oashb la~ryer'~ feN ~nd cost ot ab~tr~ct~ ~ , o[ tid~, incurnd ot paid ~t any tia~ by _rid ~tortp~ b~cause ~n.i/or in tM ~nnt of tM failur~ on tM p~rt oi th~ ; ~aid Mort;~~ar to duly. pranptly ~nd fully p~rfornn, dischsrr. es~cvt~, ~ffect, compl~. canpiy w~ith and ~bide by ? - ~sch •nd evrry tM stipulations, a~c~ssn~nu, conditions and co~~nsnb of siid promiswry not~, ~nd th3~ mortp~e, any ~ ! or eitf~er, and nid cosb, char~N ar+d ~sp~ns~s. ~ch ~ad ~rrrry, ~ll b~ iau~~dLt~ly dw ~nd p~yabl~, whether os not ~ ; ' th~r~ b~ notiee, dtmand, ~tt~pt to coll~ct or suit p~ndin~: ~nd tM full ~mount of Mch ~nd ~vrry such p~yment ~hall ; ~ bser intamt from th~ dit~ tlf+nof until p~id ~t tM ra0e ot ba p~r c~ssttmn p~s iu?nuan; sr.s! :::a:3 tc~4., c- ~:~tti ~nd ~ ~sp~nses so incurnd or p~id, to~~t,l~tr avith wrch int~re~t, ~h~ll b~ s~curad by tM litr, of thi~ mort~a~e. ~ - ~ . ~ - - ~ : t - . - BOOK ~O ( PAGE 9 / s - ,