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PROVIDED, ALpAYS~ that it tb?o Mortaa~or ~hall pay unto the Mort6aaee the indrbtedneea ~videnced by a
certain pr~o~nniewry note of whir.h tbe ~foUowia~ in wards ~urd figures i~t a true copy tawit:_
Mo~9oy~s /Yo~.
~ ~ ~ Miami. Florida Jto~ L ~ 19 ~
FOR VALUE RECEIVED we ~~?i~T a~d promisetopay
io che order of I''r0~~ S SUTZ
cht.pr,iacipal sum af ~""""-DOLLARS, tc~echer with interest
che n from dace ac che rate oE ten percent. per annum until maturit~r, bo[h principal and nnterest being payable in
rul money of che United 5tates at 203 Roper Building, Miami. Florida, or at such other place as the hotders hereoE may
designate in writing. Principal and intertst payable in installxneuts as follows:
~it"I~r (~SO.oo) ~O,11rs~ ~r a.-ost~ tor t3.t"t~r-eia~ (~9~ saa...stt~r.
~os~M at ilr 13iti iq o4 ~ah sei ~~arti?, ~tit~ ott t~e ti„~~
2~~Y ~T of ~5~, i9r?Sr ~ad ~tia~ai~ !1~ 1~ iy ot
i~r~y'. 19T0. a! ~~oD t1w~ ~ lia],~~r ~Y?ll ~a~ ~ww a~t ~yratils.
`I'his note may be pre~~aid in whole or in part after onc year (rom the date hereof upon payntent of a penalty
eyuivalent to two E~ercent ot che principal sun? prepaid.
F:ach inseallment payment shall be treciited first on the interest due, and the remainder on ~rincipal; and interest
shaEl chereupon ceas~ upon the principal so credittd.
The makers and endorsers oE this noee further agree to waive demand, notice of non-paymenc and protest, and
in the event suit shall be brought for the collection hereof, or the same has to be collecced upon demand of an a4tarney,
to pay reasonahle attorney's fees for making such tolltction.
DeEerred payments hereunder shall b'ar interest at the rate of ten percent. per annum from maturity until paid.
This note is secured by a mortgage of even date htrewith at~d is to be conscrued an3 enfnrced accorciing to the laws
of the State oE Florida; upon default in the payment oE principal and/or interest when due, the whole sum af principal
and incerest remaining unpai~ shall, at the option of the holdcrs, become ianmediately due and payable.
_ '~i _ H()PKTN.~'j~ SB (SEAL)
~OrivrHY HAt~GIS HO~KINS ~5~~,~
~
and ehall ptrform, comply with and abide by each and every the atipulatinns, a~reiementa, conditions and covennnta of
esicl promiseory note and of this dr~ed, then ihie deed and the eatate thereby ere~ted ahall ceaee and be nul~ aed void.
1. 'I'he Mortga~or hereby covtxtanis and s~+ees:
(a) To pq all rod tin~nlar tbe principal aod imerest aad wtb~r su~w ~t roooe~ pq~ble by ~•irtue of Mid proaria~ory uott and this
deed, or either~ promptl~ oa ~e de7s respecnvdy ~e wne ~evrrall~ becoma dne.
(b) To permit, commit nr sn<tr ne w~ute red to ma?~ttib t1~e imprevancnta at rll timca im ~ stRie of 6w?d cep~i~ sad c~oditien; and
to do or pcrmit to be done to aMid premisd nothin tLat Mill alter or ch~aEe tbe ase ~nd eh~ratttr of said pcoperq or in aa~ way
impair or weaken t~e ~cesriq ot thie mortp~,e. M~ ia cwe oi t6e refewl, ~e~leet ~r ioabiliq ~f tbe M~rt6abor tv rep~ir aud maimtsiu
wid propert~, the Mortp~ee au~, ~t bit eption, make eacb rep~in or eawe tLe ~ame ts be made, aod ~dv~nee moex~s in tbst bc6a[f.
(c) To pay all a~d ~inanlar the ta:a, asreNwenu, levira, liabilitid, and obiiptioo~ eE evcr~r aatt~rt on said de~eribed pcvperty each
and every rrhen due md parabl¢ ~ccKdin` to law, bstorc ther be~eome ddi~qaew, ued to ~delive~ a tbe Mortsesee on or before Marc6
15tb of each 7ear u: reeeipu evidencin~ t~e pa7rment of all law(uil~ impo~ed taxd for the prcee~aa ea3endar'ar; ta i~demnif7 the
Mort~a6ee upon his demand for sll uzce„ wes~mcn4 and eh~r~ t6ot may be asscssed ~ron tl~es rwRp~e oe tbe indr.btedaeee eeeared
hereby, and paid bp tbe mortsagee, ~rithont reprd to anr 1~w Leretsi•re enacted or 6eresiter t~ be emeted i~epoaiaa payment of t6c
whola or anr gart thereof upon thc Mort~r6ee.
(dl To p~y rll aud ~inaul~r the co~ts, e~v6d and expemea, idcludio6 lswytrs' itea ~ed abstract cosu re~onablp incurnd os ~oid n
rur time b~ the Mort~s~ee bec~uae of the i~ilare on the part ef the !idott~agoP to perform, tompl~ witb and abidt by dch a~ every
t6e stipulatioos, a6reementa, eonditione and covcnant~ aE ~aiii promi~aor~ note ~nd tlus deed, or citLer, and eveay wtb pa~ment ehall
bear iaterdt from d~te at ihe nt~ of ten per centnm per amam.
(c) It is i~urtbcr toven~nted rad a~eed b~ ~sid rdes t~t in tbe event of ~ snit bein6 i~titnted to fAtetlwe thi~ mort~6e, tLt ilAort-
n p~
5s~ce shwll b+e eatitled to appl~ at an~ time pendiu` weh f~~eelorare wiit to tLe ewrt 6~vira jusirdieti~n trertyof for t6e ~i~oest
oF a receiver o( dl aad ringalar the mortp~ed propertp, aad of a11 rema, ioeetee~, proSt~, iwaa ~od re~~eetues tbereaf, trom ~eh~tseever
wnrce derived; and therenpon it i~ be~br exprdsl7 e~vcmnted md ~6retd tbrt the Csnrt ~Il f~rthwilb ~ppoint ~nch eeeeiver with
the muai po~vesa aod dntiet af receivers in like case~; rnd nid ~pQointmeat ~bsll be made b' the eoort as a u?stter ei rtrict ri~t to
the Mort~a~ee, and tivit6oat rcfereQCe to khe adeqaacy or in~deqnrer ~f tht vdne of tbe propuq 6ereby morr6aeed, or to tbe wlvency
or in~elveney o( the Mortaa~ors or anq ot6er psrty defen~mt to sne6 suiG The Moe~tssaor 6ettb~ speeifieall7 waivu the riaht to
object to the aP4wiatment of a rceeiver as a(oresaid aad hereb~ eacprenly errucnu [hat soth appo5ntment e~hall be rn~de aa ase admittcd
equitp and as a matter of abaoIute riEht to t6e Mortp~et nad t~t the eame ma~ be doee witbw~t notiee to ihe MsRp~or.
(f ) If Eoreclorare procecdin~s should be iuKits?ttd ~6aint tbep' optrty tovertd by this mort;a~e upan r~ other liea or clrim w6ethcr
alleatd to bE 6YpCr10P or junior to the lien of tl~is ~uoet6a`t. t6t Mort~a6ee ma~ his option imrptdi~4elr npou institution e( ~uch
suit or darina ihe pendeney thereo! deel~re this mort6a~e and t6e indebtednes~ ~eenred Lereb7 dae and p~nble fvrtb~viih and may at
ite option proceed to foreclose lhis mott6aEe.
i~) That tlsc Mortga~or will {~tep irll rral sad peno~srl propeR7 now or btresfter encumbered by the lien of thie r~`rt~cs6e inanred
~ as ma~ be required irom time to ti~ae by tbe MoR~see ~~eiust lws 67 6re, wiadstorm and other h~arda, asualties a~d eentin~tocies
for euch periods and [ar not iess than we6 awounta as nos7 ~e reqaired b7 tLe Mactaaa,ee sad to pa~ pro~pdr vrben dae al! preminme
for euch insunnce. Tt~e amounts of i~unr~nee reqairod b~ tLe Mortaasee Rhall be the minimaen ~mounte far Mhic6 pid insnnnce ihall
bc writtcn snd it ~6a11 be incumbeot upoo tbe Mort~sss~ ta mii~ie saeh additioaal iwntaivee a~ msy be neccase7 to mtet and eomp
ly
fully with all ce~inanraute reqniremenn cootaiaed in qid ~olides W ibe eod tbst tLe wii ?(~rt~~or u aot a co-iewror thttennder.
Icuursnce ahalt be writteo b~ ¦ compan~ or eomp~niea approvad or desi~ted b~ t6e M~rt~6et aad all policia aod renewah d~ercof
shall be 6eld bp the Mort6a6u. All det~iled dai~tioor b7r t6c Mort6a~ ~?hic6 are ataepted bf the Mart~a6ee ~ed all ~geen~ente
betwccn Mort6a6or and Mo~a~ee relatiu~ to iu~ur~see, aew pc'stin6 or here~ftu ~ade, ~av b~e in ~+ritin~ and t1esU bE a parl of tbis
mortaa6e ageemeatt a tall~ ~e tbon~a ~et iorth verb~tim hereia and ~hall 6o~ern botb pactiea hereto aed t~eir warason and assi6ns.
rio lien upoa ~n7 uf raid polieiea of iaeanuce or apon m~ rafand or retura pren?inm which a~a~ be pq:ble oa tbe ancellation or
termination thereof, ~hall be pvea to ot6t~ t6ao tbe Mortpaee, acepc by ~roper eedorsement a~xed to sueb poliep aad rpproved b7
hiort~see. Facb poliey of insnnnct ehall baxe d6xe~ theteto a Stsndard New York Mor~a 6te Claase wit}wat Cootrib~ion, makin~
all low or loase~ nndtr ench policypa ~able to tbe Mortaasee as i4 iWereai may ~ppear. Ln tbe eve~ an~ wm or snau ef moocry becomc
payable thereunder the Mort~Fee ahall bwee tbe option to rec,eive and appl~ the suoe en tcconnt of tbe indebte~ew 6ereb~ seenred,
or to permit the Mort~Eor to receive and ~ue it, or aaq part thereof, wit6ovt tl~ereb~ wairina or imp~irin~ m~ eqnitq, liea~ or right
under and by virtne of this mort~~c. In eveni oi Iws or phrica2 dswa~e to the mortRs6ed propert~ tbe Martssaor ahall ~ve imma
di~te notice tt~ereof b7 It1itl Ld the Mort6a6ee •nd tbe Mort6a~ce mas mt~e proof of lws ii the oamrt is not made promptl~ b~ lLc
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