HomeMy WebLinkAbout0282~.~: -1 340
809
ST, LUCK Ci!la~jr. Fll~.
P$OVIDED~ AL~AY3. that u the ,dortpgtte shaD pay onto the Mortgagee the indebtedness evideutxd by a
oerhia promissory note. • -T•~t.~,1V~Mls.tin-tq~awiot is weeds and ~RUres is a true oovv to-wit:
~~~ /moo Jaanar~ 3, 61
= Za4~e~ 1ltiaani. ~oridi 19 _
I to
to the order VALUE RECEIV~~ ~ ~ ~, BIN6KY s vile ~~
the principal sum ~ ~ ' _''__~OLLARS. together with inttrtst
the:eoa from date at the rate of ten y+ett.•eat, per annum until ttucuriry, both pt*trtapal and interest befog papbk in
lawful money of the Unfttd states at Y03 Roper >Inildirtg; Miami.l:los'sda. a at stack otrc~ as uis: a s - ~'~i°l
designate in writing: Principal and intact pa iu installments as toilo~+s: 317[t3l .00~ 1~0118~s
_• ~,,.±th *~,• t._..~~r~tlFtrww[~~) nnniaeeutivs >aoIIths, on the 15th de`y o!
Derck and evelc~r aoatb, beginning oa the 15th day o! Febrt~ar~~ iytil~ eon
ooaLianing wit$ii zoo Ij~ya dqr of Jaaua~7, 1963• at ~hifsh ~i>s• rho Dalsaa
shall Deooss~ du• and pry-nblo.
This note may be prepaid in whole or in part after one year from the date hereof upon payment of a penalq
equivalent to two percent of the principal sum prepaid.
Each installmrnt paymrnt shall be ereditod first oa the interest due, and the remainder on prindpal; and interest
shall thereupon ct:ase upon the prindpal so Credited.
The makers and rndCrsers of this note further agree to waive demand, notice of non-payment and protest, and
in the evrnt suit shaA be brought far the collection hereof, or the same has to be collected upon demand of an attorney.
to pay rea:onabk attorney's fees for making axh collection.
IkfCxred payment: hereunder sbaA bear interest at the tyre of ten percent. per annum from maturity until paid.
-~:~ ~~~ ~ ~,~ b; a ;~ ~~ ~ ~w~, .[sr. hit~t ~rl .. to M rnr-strvtd and enforced aaordirtA to the laws
of the State of iFiorida; upon default in the paytaatt of pritxipal and/or interest whrn due. tae wizoie sum of prindpai
and interest remaining unpaid shall, at the option of the holders. beooate immediately due and payable.
-~~~~ .
~~ . ~ ,r ''
Bett7 Zianer~aa ~sEAL)
(SEAL)
and shall perform. eottsply with and abtda by crick trail ovary the stiptslatiotsa, agreements, conditions and oovCmanta of
said promissory note and oI thin deed. they this deed gad the estate thereby created shall cease and be null and void.
1. The Mortgagor hereby covenant and agrees:
(a) To wr all acid sin{nLr the asd interest caw) etisr anata d meaty payabM by vittne d said promissory Dote and this
deed, er either, proasptlj on the da~sreapec8~alr the arise aavenll~ bee«oea a.e.
(b) Te penniy eemmit or enter a wrote and to sairuaio the ittaprevemeats at all times u • grate e( deed repair and teaditiea: and
to do or permit to be deswe u said premises sothio` that will aker er ehasp the sae and rharacicr 1 said property er is goy way
impair or wtakes the soenriq of this p. Asd is 2aae eI Ills rdnsl, sssleet er inability d the Yertpser to repair sad saiataia
said property, the Yertppe sal. at yLt~iptiart. gaka atsel ropsin or nose tt~M saoe to be made. and ai+awee ro*sya iu that behaU.
(e) To par all asd sinsalar the tau;, assessments. leviers. liabilkia, said obliptiens et arttve eo said described prpert~ each
and every when doe gated parable auordu4 to law, bdtwe kettle deliagaeat and to ,ielirer to the Yortppa M or bdore Yareb
1Sth of each rear ~ net evideacias the parmaat o/ all MMoIIr ispasad taus for the preeadiat ealeaaar lraar: to iademaitr the
Yortpget n;;o:. hie demand for all taus, amessmetta gad e~arps that ttwr be asnwed s~oa t4a sortpttc oa tbs iadebtedseas aecared
hereby, and paid b the mertpaee. witbont teprd N gar law ieretoten ettaeted or heraRer to be castled iarposias parmeat of the
whole sr gay part t apoa the Yertppa.
(d) To pay all aed daptlar the tearer, ~ gad e:peases, iadttdio4 lawyen' tea gad abstract eaasa reasaaaWy isearrad or pail at
gay time by the Yertppee beeaose of the ailttre w the part at the Mortpaor to paiorm, comply with gad abide by each and et'err
the stipalatiooa, sQoematts. conditions asd ewenawls of said promissory Dote and this deed, er either, gad every loch payment shall
bear iatereat from date at the me e< tea per eeotam per galas.
(e) It i. farther aveauted gad aeread by acid partly that is the event of • suit beisf iastitated u foreclose tbia mortpp. the Y.rt-
ppe shall be wtitled to apply at gay time paadus sock rorod•aaea ash t. the court haviat jariadietiao eheroaf ror the cep oe iasme~
of . receiver d all gad aiatah~r tier s.rtppd pnpasty. and of all re.ta, ise.aaer. proitt_ ias.m and eo.a..sr tiaras/, tram w
source derived: gad theroupoa it is hereby e~yr~sly sovesanMd end aRoed that the Gsart shall forthwith appoint loch ncciver with
the asaal power end dories of roeeivers iw like casai a~ ~ YVois~t shall be sods by the eoort as a latter of atria ritht to
the Yertppee, gad witieot rderatce to the adequacy err isaigaoey of the value of the property hereby ~s~et~s~~ed. K to the aelveaey
er isaelveaq of elw Yottpton er gay otter party ddesdast M aaeY sail. The Yertppr hereby apeeifin117 waives the ridtt to
ebjeet to the appointaseol of • reeeirer v atoreaaid yawl hereby axpreaely eerweats that saes appoiatmeot shall be made as m admitted
equip gad w • salter of atae)ate risltt to the isortpps gad fist doe amt may be dose wiiaeot awrtiee to the 3lerippv.
(t) L fereciwnn preceewap so.=uiu be iuc:iiuted ajifait tbt property eoverad !;r this aseripp upon suer ~t1-.sr lieu or claim whether
allepd to be superior or junior to the )sea of this saet~ap, the I~tortppee may at his option ismediately npoa intitwion of sock
snit or dnrin~ the pendeaer thereof dselan this mortp~s asd the iadebtedaess second hereby doe and payable forthwith gad may at
its eptioa pr«etd to teredoes this mottpp.
(i) That the Yortppr will keep all reel and personal propery now err hereafter esatasbered b7 the lies of this mertppe iasared
as taay be ngnind Pram time to limo by the Yortpps apisst Mss by ire, wiadpoaa asd etbar hasards, esanalties gad eeotinencia
for stteh periob and for sot Mss thu web ameusss r soar iw eegoired b7 tba Yortpps gad to pal prousgl7 v-beo doer all premitaaa
ter ouch tnrarence. The ameanta a( inwrasea ragoind >h fV Yettppc 1 be the minimum amounu for which acid iawroee shall
be written and h shall !t. iseambeat opal the Yortppr t• edatain saes additional issarasee a. ay be aeeemary to meet gad comply
tally with all eo-iw~nnoe regairemab eortalaed in slid palicim t• the old fiat dts add Yertppr it not a eo-iaaarsr therwddeerr
Iasaranee abal!' be written by a company err appe~v~ u dadpnlad by the Yortppe and all plicies and rasewals thereof
shall be held by tbs Yertpree. All detaiW pat(oss ty i e Yortppr wLie1 an accepted by the litortppe and all aQeemeau
between Yortppor and Yortpps to iswrasoa, tww s~ or henattar twda, shall M is writis~aid ahdl be a part of this
mort ~e apreemest as telly r ~t set arch verbatim halals and shall pavers both parties hers4o and sttteeemen gad assips.
No Its epos gay of said polieia of( lawranre or vas gay relied or return premism which asap be~ payable w ~a aasoelLtion or
termiaatien thereof. shall be [ivea to ether than the Yatppq a:expt by mdorsament aised to aoej polity and approved by
Mortppe. Each policy of iasttranee shall hose aEtsed thereto • Standard ew York Y pe Clattsa witioot Cwtribettie0. maktse
all lose « losses alder lath polity parole t• the Yertppa a. iM interest say appear. Is the avast sum sr ssoos of mosey became
parabM thercander the Yeetppe shill Nava the eptios t• twills and the same w aeeeast of~ indebtedsees hereby seeared.
or to permit the YectppK u receive asd use h, err atq part thansf, wilt thereby wdvin~ err s~ uy egaity. or ri`ht
seder gad by virtue of this sertpp. V event of ley err piyairal damage to the nwstppsd property llortppsi~'ay11~ imsac-
diats notice theroaf b mail'te the Yeetpps and the Wetp/es ~' mak ~ prwf of foss if the wns L sot made prwnpdy by ~
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