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HomeMy WebLinkAbout0835 $ 2.025.00 Met/,.,. NJ. . Miami, Florida J~ ~. 19 i:L 'b~k t.\ PAtE 85 $1. LUClr COUNH. .~~A. .,. ~. -' -' PIlOVIDED. ~w AYS, tIaat if .. ........ ... pay __ tile ..~ tile 1adebIed_ erid~ by . --a- _----1_ ___ ... .......... .a.... I - '. &.. --a.,...&.&_l. - - '-- ._...&.. FOR VALUE RECDVED we. ~o1a'17 aD4 ....rall7. promiJuopay to th~ord~r o( ~ ' . th~ principal sum o~O ftOUBAJID n_%i-.~y... - - - - - - ~lLARS. together with interat th~rron (rom dat~ at th~ rat~ o( t~n percmt, pn- annum until maturity. both principal and intnftt beinll:!::l~ in lawful mon~y o( th~ United States at 20J Roper Duilding. Miami, Florida. or at~~~ce ~ th~ hol4q! f may designat~ in writing. PrinciP-:lI and interut PlAyable in inac-Il-enll as follo..: \~.OO) Dollara per 1IOIl~ 'beClftBt--. oa ~la.e l~'h ~ d ......,.1 . u4 .od,.tt. OIl 'u 15th ~ of .ash aD4 eft17 aoa'la. tMnan.r uatll pal4 1a full. i This note may be prepaid in whole ~r in part alter one year from the date hereof upon payment o( a penalty equivalent to two percent o( the principal sum prepaid. Each installm~nt payment &hall be credited iint on the i~terest due. and the remainder on principal; and interest shall th~r~upon cease upon th~ principal so credited. . '. The make" and endo~ of thia note further agree to waiv~ demand. notic~ o( non'paym~nt and protest, and in th~ ~v~nt !luit shall be brought for tIi~ collection hereof, or the aame baa to be collected upon demand of an attorney. to pay reasonable attorn~y's fees for making such collection, !k(erred payments hereunder &hall bear interest at th~ rate of t~n percent. per annum from maturity until paid. This note is secured by a mortgage of even date herewith and is to be coDltruM and enforced according to the laws of th~ State of Florida; upon d~fault in the payment of principal and/or interest wh~n due, th~ whole sum of principal and interest remaining unpaid shaU. at the option of the holden. become immediately due and payable. Arthur L. Lee V 1 vadean s. Lee (SEAL) (SEAL) aDd .han perform, comply with and abide by eech .... ewrt the Ilipsl.ti.... apeemeata. coaditioDa and COYeDanu 01 ..id promiuory Dote and 01 thU deed. thea thia cIeecI .... the Mtate thereby ereated ....11 ce..e aDd be Dull and void. 1. The Mort~a~or hereby covesuua.. aDd ~: (a) To pa, all aad IiapIar the ~ ... l.Ierat .... ... _ ", ..., ..,.we la, yirt1le ", ..id premilMl'J Dote .nd tbi. deed, .r either, prOlapll, ... the .,.. ~YeIJ alae -- .......~ -- ...... , (b) To pennit, c~t Had., _ w.... ad ,. __i__...... ......__... .t aU ti_ m . at. eI pH repair .... c.Dditi..; aad to do or permit 10 be deDe to ..,d ~ ...m., ..... will alaer ... diu.., the _ aad r"'ncaer el Mid pnperty ... i. aD' way impair or weak_ t'" aecDria, eI aIIia _n..... AJMI m aM el .. RI..I, _.... ... i.ollity ., 1M II.......... t. repeir and aui8tai. ..id propen" the M.nppe ..." .t We .... ..... .... npaira .r ca_ .... _ Ie lie ..... ... ~ ..-yo i. tMt bellalf. (e) To pay all ..d aiAPlar the toea, III TV"'"-mta. IeYiea, liaWliti-. ..d ehliptieM ", neq aattIft ... ..id M.cribe4 prepen, eath .nd enr, wben due .nel pa,able erc.rdia.. t. law, belen ...., ~ deli...-... and ,. .deli.... t. the M.......,. ... ... Were )brrh 15th 01 eath ,e.r tOll reftipu nid_d_1 the ~,...t el aU lawIullJ iJa.-4 tau. for the prcce1li.. coIe..r ,eer; t. indemaif, the Mon"lee apen hia demaad lor .11 laSe., _nla .ad claar.. that ...., be .~ upon d-oie .....P. .. 1M ilMleM.llnHT a<<1IrecI hereb" aDd paid b, the ......paee. with.l.. reprd .. .., law J.erdef_ eaartec! or herr.ller io ~ e..-tr.d i......i.1 paJlDetll 01 the whole .r .., pan lbueof .poIl the M.npl"-. (d) To paJ all aDd aiaplu the ~, cUr.- .... ..,e_... i8d.dinl lawyen' lea ODd abatnct c.... ~IJ inc1arrecl or peid .t .., time b, the 11........- hec._ el the l.n.. .. ..... pert el the M....PI.r t. perf-. e_ply willa ODd abkle la, eecla and eYery the atipal.tioaa, .pee_... conditio. aad cCw~ 51 aaid ....iMW)' _te ODd dIia dee4, - eieMr, _d nerJ ...da pa,..etd ....n bar iatereat Irom _Ie at the rate of .a per ~ per _. (e) It ia I.rther c.n_..ed ODd .p'eM b, aaid,puda aMa la .... ev.etll ., . .ait bei.. iMti.....d t. f.red_ dU6 mortpp. the II..... ...... .hall be aaIitled .. ...., at ..,. tt.Ie pelldUal'" 'o~ III1t .. the ewr1 --. juriMiqi- ek:reof fM aM ~~ J . recciftr 01 aU end .....r .... ...np'" ......" aM ", .u reIIIa, UK-. "..... ...... c:4I rwowe._ ........ f.... w er .o.rte deriyed; _d tJlereupon il I, IM-eb, e~, eon _.~ aacI qreed ..... tlae c...... aMlllwdnritll ...... neIt reeei_ .ith tbe qual powen ... chnice 01 reeeiyen i. lib _. _ ..w ~ aWl 1M .... b, the _n... ...... of lbia ri.....o the Morapr,ee. and wi...... relereHe .. aM .cIe1i-cy .r iBa....., of the value J the preperty bereb, mortppd, or to the ..Inac}' .r i_lyeae, J the M......lon or an, ether pan, deleacIaI .. .uds .aiL 11Ie M.nplor Itenb, apeei&eaU, w.iyea the riahl '0 objert '0 the ....iatmea. el . .--~iYer" aI..--id and knIl, eapn:aaIJ e_b dIa. .... ....~ eball be _de .. - ._ined equlr,> ad .. . ....., el .....118te ri.... .. .... Mwtp... ... ... ,~ _e _, be clone wi....ut ..ute .. the lI.n....... (f) U 1.~I..are ,,-dillp abealet be inalltated ...... tile ~n' e.YUeCI b, aIIia ...eltP.. .... -, at_ &i_ .r claim wbedaer aIle.,ecl to be .-peri_ or j.nior t. aM liea el ... ....nP.. the Nora..pe m., at 1m opti_ iauaediaaely Upoll iaatilutio", J aeda nit .r durinl the .-d-cJ aMreeI _Ian daIa -.riP" ... ... i~e-" IIft1Ired Iwreb, clue and payable f....hwith .ad ma, .t ila opti_ prCH'eed to f.recl_ aIIia .....P... (I) That the Mora...... will keep .u r..J Dad ...-. .....-0 ~ .r henDf.er eBCtIIIIbered b, the lie.. 01 tlIia m.n..ae inaured ... ma, be required Ir... ti_ .. time Ity tile 1Iertp8M ..... .... Ity .... wl...._ _ other haarda, cuuahia and centinleDtia lor ..eb period. aad f.r lICIt Ie. .... .lKla am..- .. -J ... -..nNd I>y aM II......... .... .. ;M' pr~, wlaeB che .11 premi~. lor auch innnuwe. 11Ie amOUR" 01 i_raMe recpired by the lIon..au ~I be W miaimgDJ .mouRIa I.r whieh ..id inearance ....11 W written and it eball he __beat .... w M.nppr t. lDDi...in .ada .deIi.ional iaaaranee .. -, be -I'J '0 meet .nd co......, lall, with all c.iMvuee refpi......... eo...i..d la ..w ,.ua. t. the _ abet the aUd M.nppr ia lICIt . cH_or tlIere1lJlder, lnau,.nce ahan.. be wrilteD b, . e....n' w d:l:uUea ~ or deaipllltecl b, the M....paee and .11 policia UI4I reMw.1a mereol .hall be beld b, the Monppe. All cletailecl pIIIti_'I., the M.n..I.' which .re c<<epted Ia, the Mon..... ... all .p'-.Ia betw~n Monplor UI4I M........ relat~., t. '-...... __ edatiDI or hereafter ..... ....u be i. wrilUlt .... _II be . pert eI th. mon..le ."eement .. fall, .. thoap eel enh yen.u. herda.d eball loyen Mdt peniea berato ..d tlaeir ~-.n and _i~. No lien 1Ipon .D)' ", ..id politi.. of i..- ... .... oa, reI_d or retuna pnmi_ wlUeb _~ pa,aiale .. die ance\lati_ ... tennination thereof, ahall be pya t. ..... .... the M....... GCcpt bJ~~ eador__ t. Ad. peIicy - apprevecl by Monplfle. F..~h ..Iiey ., h..un..ce &ball we aSsed theret. . Slandard New York Melt.... 0._ witlaoat Coatributin.. ..akinl .1\ 10.. or 1_ _der neh peUey ..,.ble t. the lIorap... .. ka i..cral ...., appear. In the enat .n1 IDID or ..... at money br.tomc payable thereundu the M....pll_ _II "'n aM opiien t. ree8W llnd .ppl, the __ .. a<<.lIJIt at the indebte~ hueb, eec.red, or 10 permit the M.nlWr t. rea.ift UI4I _ Ii, ... Da'f ,.n thereol, witlMaa tbereb, wai'fin. ... iJapairi.,.., equit" liellw or ript under .nd b, yinue ~ monpp- I. eyeat ., 1_ ... JIIaJair.1 .....Jt to the .....IlII.,ecI preperlJ the Moraplor ahaU pve illl..e- di.te notice thereJ b, ...u to doe M......... pd llIe lI.n.... ..., make proeI_ J 1_ if .... _ ia -. made ,,-aptl, by the