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PROVT~".D~, AL'RAYS, that it t~e Mortpaor ~1 pay nnto tl~e ~llort~a6ee the indebte~dneee evidenocd by a
cert~ain promirp~ nw~te af w~laioh the followis~ ia ~ra~eds +wd fi,~utw i~ ~ ttue t~a~py tawit:
M~ I
~ lt~•~ Miami, Florida~~ _1~~~
FOR VALUE RECEIVED *!t ~~ii~y ~1~ iA~__ promise to pay
to the order of I'1C%i-~' ~ ~
the principal surn of .r„~ DOLLARS, togethtr with interest
chereon Erom date at the rate of ten perrent. ptr annum uncil maturity, both principal ariH interest being payablt in
lawful money of the Uniced 5catts at 203 Ro~er Building, Miarni. Florida, or at such othtr place as the holdtn hereof m~y
c~signate in writing. Principal and intertst payable in inatallments as Eollow~s:
tir~ ~i3f•Q0~ H~llat~ p~r ~h D~ia~iat ~x tlu
i' ot 1 ti: ~~S! a~ Nat~~.'~, ~R 1~~! 1
~
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"I'his note msy be preE~aici in w•hole or in part after one year trom the date her~of u~n payment of a penatty
equivdlent to two percent of the principal sum pre~aid. '
Each installment payment shall be crtdited first on the interest due, and the remainder on Nrincipal; and interest
shall thereupon cease upon the principal so credited.
The makerrs ~nd endarsers af this note further agrte to waive demand, nocice of non-paymenc and protest, and
in che event suic shall be brought for the collection hereof, or the same has to be collected upo~i demand of an actorney,
to pay reasonable attorneq's fees for making such colltction.
I DeEerred payments hereunder shall bPar interest at thc rate of tsn percent. per annum from maturity until paid.
~ This note is secured by a martgage of even date herewith and is to bt construed and tnEorced according to the laws
oE the State of Florida; upon default in the payment of principal and/or interest when due, che whole aum of principal
and interest remaining unpaid shall, at the option oE the holders, btcome immediately due and payab]e.
~O~i ri~.~;i~ JOi~'i~ra0i1 ~sEA~.)
~
RtJ~Y G. JOHIr»OI~i (SEAL) ~
~ ~
and e6s11 perform, comply with and abide by eacL aud every tl~e ~tipulatione, a~¢eemente, conditions and coveuants of
eaid promieaory noce and of thie deed, then this deed and the ewte thereby cre~ted shall ce~ee and be nnll aud void.
i. The Mortga~or hereby oove.nants and a~ees: ~
(a) To p~~ sU ~ad sie6ular tbe pru~eapal md i~rat ~ad ot6er sam~ st mooe~ p~rablt by ~•irtue ot said promiswry notc aad tLia
decd, ~r cither, promptl~ on tbe dqs rapetcivdr tLe wme ~~rally beeomes dne.
(b) To permiy commit or wlEer uo warte and te maintair t6e impr~v+emtat~ ~t all tima io • atote of 6osd rep~ir arid eoodiuon; and
to do or permit to be daae te siid premisea notbir th~t ~vi~ aher ~r c1~e tbe me aod cLarscter ot nid prope~ er ia an~ way
impwir or aal~en tbe ~aenriq sf tLis mort~a~e. M~ in au~e of the rrfmal, a~eileet or iwbi(iq ~f tbe M~cip~r t~ re~ir ~d maietain ~
said propcrri, the Mortsa6ee na7. +n bis eptia+. wke ~web repire er esore il~e ~sae t~ be made, ard ~d~aact aaone~s in t~t bel~lE.
(c) To pay all and sinanlar t6e taxa, awewenaal+, Itvies, li~biliRies, wd ebliptiae~ ~f tver= aatnne ~ sfid ie~eribai pc+pert7 eath ~
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and every wLen 3ae aad pa~nble aeeordin~ to 1aw, bd~te become deliaquent, ~nd te ,ddiver t~ t~e Mertp~ee eo er beF~re Marc6 i
15th o( eaeh 7rear tax reeeipt~ evidrneia~ t6e p~rment of dl all~ uapo~ed tuea tor t6e preeed'tni cakndae ~ar; to indemoif7 t1He °
~tortsa6ee upon hi~ demand tor sll ta:ea, ar~e~ents aed dt~r~s t~at m~y be a~serea npoe tl~iu wrt~~e en tbe iadebtednees eeenrcd ~
herebr~ and p~id br the ~ert~a6cre, withont reprd to snr 4w beretsfert enacted or bere~fter to be eweeted imp+rsu~ pqmeat of t6e ~
whole or anr p~rt thereof upon the Mortpiee. ~
(d3 To ps~ all aad we~vl~r tbe co~u, ~es and expes~es, isela~dis6 _LwTen' fea ~ud ebstrsee e.wis rea~oaabl7 incnrred or id rt ~
an~ time bi t6e MortSa6ee because af the ~ilnre en the p~rt of t!x iSortpear ta perforin, compl~ with ~nd abide by eech an~every
t6e uipulatiour, a6reemea4, eonditions and covenen4 of eaid promisw+7 oote ~nd this dted, or tit6er, and treey saeh pr7ment ehsll
bear interest from d~te at the rate of tea per centIIm per rmwn.
(e) It i~ fartLer toren~nted and apeed b~ wid rtits tLst in tbe event sf ¦ anit beiwg iw~titated t~ totcdae tLi~ mortp{e, 1be %ort-
n
~ee rhall bc e~wtkd ca appl~ ¦t .ar time ;na .oe6 t.~reel~rue~ snic u tbe c.uin L.dis~ jwi~dieti.o e6ee+eof far t~e~i
~~ncoc
of a reeeiver of all and sin~atar ~Le mon6~~ed Propen7, aad ~E rll rents, iecooa~, pr~6es, iaues aad re~eena t~ereof, Irem L~wever
waree demed; and t~ereupoa it is Lcrebr espressl~ e~veawted s~d ~sreed c~t ~he Gtiat .hd1 fwtbwit5 ~PPui~c saeb receiver aiih j
the wwl powen wd dntiea af receiven in like ta~er; ui nid sppoint»~ert ~il be m~de b~ t1~e eeurt as a r~rtter d Rrict ri~ to f
the Mart~asee, and withoat reterence to tltie adeqnacy or in~~Cqosey of t~e vdne of the property berebj marc6a~eed, er to t6e wlvc~cy
or inwlvency of the Mort~~or6 or ~ny otLer part7 defe~drat tn wcb aui~ 'T6e Mortp~or herebr speci5ca117 w~ive~ the ri~+t to ~
object to eLe appointmeat o( s receiver a~ a(ordaid ind bereb~ erpteasiy conaeats that racb appointment ahdl be tnade ~s an admitted ~
eqnity aed as a matte~ o( absoiuu ri6ht to tbe Mettos~ee and tiqt tbe samc rwy be doue witlant notiee to the Mort6a6or. ~
if ) If Foreclosure proseedinas shonld be iortituted aBaint t6e p~•perty eovrred b~ this moet~pe ~pon a~ oi6er Iien or claim wbeeLcr ~
alle6ed to bC 6LpEflOf or jun~or to the liea of this ~oct5a~e, t}~e Mortga6ee ms7 ~1 txfia optioo imer~edi~Lely npon irotitution e[ sneh
tuit or dnrin6 the pendtaey thereof decl~re tLis mortp~e aad tbe indrbtedntes ~ecu?ed Lereb~ doe and parable f~t6~vith asd may at
ise optioa proceed to foredwe this mort6sae. '
(g) Tlut tlu Mort~6or well krep ~U ~aal .nd ptnood properq now ac hercdter tneumbcred b~ tt9e lien of tbis mortpge insured ~
~ aa mar be rcqaired from ¢ime to ti~ne br the Murt;asee spi~e~t loa~ by fire. wiodstorm and other hasarda, aswltiea and coatio6eociea ~
for sneh periadt sad for oot las" t6an sneh amounq ar mq be reqaired by tLe Mort~a~ee aad to pa7 prompd7 when dae sll prerainms
for sueh insunnce. T6e amounls af iosunnee reqnired b~ t~e Mort~a~qee [c}iall be tbe minimum ~ounte For ~vvhicb qid insunuce shsll
kre written md it sLdl be incumbr.nt npoa tbe Moet6a~wr ta maiataia saeb ~dditioerl imnraaee a ms~ be n~sary to rotet aad eaa~pIr
fuilr with ~l! eo-insnrance requi~ea~enu eooaiwed in ~rfd pdieies ta tbe md tle~t t6e nid Mert~pr i~ n~t a caiuwror sheresu+der.
iniurance shalr be writtea b~ ¦ eompany ar comp~nieaap~?rovad or desi~o.ud by eLe M•n6agee and s11po licie~ ~nd renewsL theroot
shail bc held br the Mort6a6ee. All detailed deri~wioe~ b7 tbe Mortsa~or wbich are~ece~ted b7 the Mertsa6oe ~nd dl ~~crauente
betwcen 11(ortsa6ar ~nd Mertaa~ee relatiaa ta i~wrtsee, norv esi~dna or here~tter o~de, ~11 be in writie~ and s~sll be s p~rt oi this
mortaage ssroeiuent d fally ~s t6oo6h ~et forth varbrtim 6erein ~d ~11 6ovtrn both prrties hereso ~nd t6eir roeoe~wn snd mssisos. '
Nc~ lien upon an~ of ~aidpo lieie~ o! insnnnce or upon ~ny ratand or return preminm rr6ich a~ay be pas:bk eo tbe eaocellstion or '
termination tl~ereoF, sF~ll be 61VEO to ot6er than tbe Mori~a~ aeept by roper eodorscmeat ~ced to sncL poUe~ aad approved b'
t e
Mortg~aee. EaeL policr of imur~nce eball haze ~~uced t6ereto a 5undard ew Yorlc Mortpaa Clansc witboat Coetribntion, roekia6
all loa or lw~e~ nnder encl~ }?elie~pa ~ble ta t~e Mort~a~ee ar iL~ iutere~t xwy appea~. In t~e rveut an mm or sam~ d moar.y beeomc
payable t6erenader t6e Mort~Kee shall have t6e option to reeeire and app l~ the same on ~ecanat of ~ indebteiew he~ebr seenred,
or to permit the MortEaRor to receive and we i4 0~ an~ pert tLereof, ~vithont t6ereb~ wai~in~ or impairi~~ ao~ eqnit~, lien~ or right ~
under and by virtoe of thie mort6a~e. In event o[ loN sr p6psieal dirr~ase to thc mort~r6ed p~opert7 tbe 11[artgasor shall ~ve imme-
d~~te 170LiCE thcreof b~ m~il tu the Mort~asee ~nd tlee Maet6a6ee mq rnake proof of loea if tbe wme ie wt m~de pro+nptl~ b~ t6t
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