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PROVIDFD?, AL~VAYS„ tl~at i[ tbe Mn~~arr a~.aU pa~r unto the Mort6a6ee the indebtedneee evidenood b~ a
oe.-tain ~romiMO~ aote oi ~rhieh t6e followi~ i~ ward~ and fiaures is a true copy tawit:
A~o~g~s /Yo~a
# 2 Z~.Q~ Miami. Ftarid~ ~~T uj 19 ~
FOR VALUE RECEIVED I PTd~~OPa7
to the order of
che principal sum o DOLLARS, together with interest
thereon from clate at che rate of ten percent. per annum until raaturity, both principal and interest b~ingpa yable in
lawful money of ehe United States at 203 Roper Building, Miarai, Florida, or at such other place az the holders 6rrtoE may
designate in writing. Principal and instrest payable in installmtnts aa follows:
~ t~-.s~. t s9
~oar ts~ia.oe~ Dou~?:s p.: ~?ath r.~ar Yst
~ sat~ aa th~ 1Stti da~ oi ~eh ssd ~ asaa~, 1a rt tL~ 9
~ lgtt' ei S~s~ur 1~fS • aa~ aosLi~~ ~atil ihr 1St1~ 4~a~? at
~ A~t~s~9'r0, "a# rdiiol? ti~ tl~ laalas~r a~tall 1?~+I~r iaa a~i ~yaDl~l~
This nate may be prepaicl in ~~•hole or in part after anr year From the date hereof u~wn payment of a penalty
eyuivalent to two percent ot the principal sum prepaid.
Each installment payment shall be crrdited first on tht interest due, and the remainder on principai; and interest
shall chereupon ceast upon the prinripal so credited.
The makers and endorsers of this nate further agree to waive demand, notice of non-paymenc and protest, and
in che event suit shall be brought for the collection hereof, or the same has to be collected upon demand of an attorn~y,
co pay reasanable attorney's fees for making such collection.
Deferted payments hereunder shal~ b'ar interest at the rate of ten ptrcent. per annum from maturity until paid.
This note is secured by a mortgage of even date herewith and is to be construed an3 enforced according to the laws
of che Scate oE Floricla; upon defaulc in the payment aE principal and/or incerest when due, the whole sum of principal
ancl incerest remaining unpaid shall, at the option of the holders, become immetiiately due and payable.
ii.:,s~:_; v~:~.:.:~i,J (SEAL)
(SEA1.)
and ehall perform, comply with and abide by each and every the stipulations, aareementa, conditione and covena?nta of
eaid promisaory• nate and of this dr,ed, tben thie d~ad aynd the eetate t)~ereby created ehall ceaee and be nnll and void.
1. The Mortgagor hereby covenant~ and agrec~:
(a) To psy all aad siasular tbt pribeip~l md ioterat and other amm ef mone~r p~yable by cinue of wid promiwary note and tLia
deod, or either, pra~ptl~ ou tl~e da7~ respectively tbe Nme ~evvallr beeotud dve.
( b) To permit. commit or sulEe~ no ~vawe and to maintain tbe imprvvemeat~ ~t all timp in a etste of ~eod repair aod eoadition; ~nd
to do or permit to be done to wid premisu nothin~ t~t ~rill dter or eban6e tl~e nse aod cturicter o( wid property or in ~nr way
impair or wuken the seenrit~ of tbia mort6a6e. And in eaie of tbe refae~l, ne6leet or ioabilit7 of t6e 1ldoct6aaur te rep~ir and maiatain
uid propertr, the Mort~~e mar, ~t his option, make wch rep~n or c~ose the sune te be m~de, a~d ~dvanee mone~s in tLat bebalf.
(c) To pay all and ~in6ular the taxd, aWCesmenta, leviu, liabilities, aad obliptio~ of every oap~re en wid dueribed property er~h
•nil every whcn due and pay~ble aceordin6 to law, brlore t6e~ beeomc delinqucny and to ~deliver to the Mort~ys6ee on or before Mareh
15th of each re~r ux reteipu evidencia~ tbe pirpmeat of dl 4rvfuli7 imp~sed tauces Eor t~e pcecedina raleodar rear; to indemniir the
Mort6a6ee upon hi~ demand for all tues, aesewnenta aod ebu`a that may be as~a.xd upoa thu mortp6e on t6e indebtedneee secund
6ereby, aod paid by the mort6aKee, withant tt~ard to ~nr iaw beretofore eaaettd or hereafstr to be en~eted imposins pqmeot of the
whole or any p~rt thcreof upon thc Mortsa6et.
(d) To p~r rll u~d sin~ul~r tbe cwu, cbar6es and expeaiea, iodudinp~ ]riwpen' fees snd sbrtnct costs r~aaon~bly iecnrred or paid ~t
an~ time by the Mort6a~ee bcc~u,tie of the f~ilnre oa the p~R of the ~Iortsagor to perform, complr with ~ad abide by esch rnd every
the ~tipulations, •6reementa, conditions and covenants of wid pwmiaor~ aote ~nd thia deed, or eit6er, aod every euc6 pa~nnent e}ull
bear intcreat from date at the rate of ten per ceatum per aanum.
(e) It ie further eovenanted ~nd aErecd by wid partin tLat in the event oE ~ snit bein~ iastiwted to toreclwe thie mort6a6e, the ~lion-
~a6ce e!?al! be entided to ~pply at ~a7 time pendiua snch foreelorun ~nit to t!x eoart harioa juri~dictioa ebereot ior the sppoinuncnt
of a receiver of all and eiasalrr the monyi~ed property, and of ~11 rerns, ineasa, pro61s, inua ~nd Reveaaa tLereef, irom whauoever
eource derived; and thereupon it ie hcreby e:prnsly eoce~nnted amd •6reed t~t tLe Coart ~ll (orthwith ~ppoiM sueb rceeive~ with
the uausl powen iqd aUllt~ vf rereivcn in like r_sres; ~nd ~sid appoiotment ~Il be m~de br the court sa • auttcr af etrict ri6ht to
the Mort6a6ee, and wit6out reference to the adequacy or inRdeqn~er of the value of the property 6eroby morr6a6ed, or to the solvency
or inaolv~ncy of the Mort6asars ar eny other party defendaet to euch auit. The Mort~6or 6ereb~ speeifically waivss the ribht to
objcct to the appointment of • reeeiver r~s aforesaid and hereb~ ezpresely coneenis that soeh appointmeRt shal! be made ae an ¦dmitted
equity ~03 ae a mitter of abaolute ri~ht to tbe Mort~r~ee utd thwt the same mar be done withont notice to the Mort~~or.
(f) If foretlo~ure proceedinsa ahould be inetituttd a~iat tbe property tove.red by thie mortaaRe npon aar other lien or claim whether
alleaed to be superiar or junior to the lien of thie mnrt6aae, the MortEa6ee may at hie option immediately upon inetitution of eu~h
suit or durinE the pendency thereof dtc[are this mort~rEe ind tbt indebtedn~ss secured hereby due and pa7~ble forthwith and may •c
it6 oRtion prorecd to forecloee thi~ mortLSaEe.
( 6) That the Mort6aaa: i11 I~eep all red snd perwaa! propt~ty now or hereafter encumbered br tht lien of thia mortE,sae ineured
as mir be required from time to tiine by the Mort6,a6ee •6aimt loss by fire, windetorm rnd other hasards, easualtiee and continRensies
for suth periode and for not leea tban sue4 amounta n may be reqaired by tl~e Mort6aaee ~nd to par prompdy when dne all premiume
for euch inauranee. The ~unaunte of inasu~anct reqnised b~ tLe Mort~a6ee ehsll be the miaimum smounte for which aid ineurrr?ce ehall
be written and it shall be incumbcnt ap~un the Mort6a6or to msiauin ~neh additional ioeurauee as may be necewrr to meet and coniply
fully with all co-insunece requirements conuined ia s~id pslieies to the end tlut the wid Mort6a6or ie aot s co-iasuror thcrennder.
Insu~ance ahal~ be written br ¦ eompany or tompanies rpproved or ddi6aated by tbe Mortassee and a11 politid and rencwala thercof
ahrll bc heid bp the Mort6a~ee. All deuiled daip~tieer br tLe Mart~aRor which sre aeeepted b~ the Mortaa6ee md aq a~re.nveta
betwten Mort~a6or aad MortSa~ee rel~tin6 to itnnrante~ no~r e:ittin~ or heredter made, shall be in writin6 and ehal! be a part o( thie
mortaaae a6reemeat ss faily ~a thonsh ~et forth verbatim herein ~nd ~hall 6overn botb p~rtiea hereto and t6cir ~uceeaon end xeai~na.
No lien upon ~ny of saidpo lieiea o( ineunnce or upoo w7r refnnd or return premium which may be parable on tbe uncellytion or
termination thtreot, shall be Kiven to otLor tban tbe Mortpsee, except by~ Proper endoreement adixed to encb policr rnd ~pproved b7
Nortga6ee. Eaeb polie~ of ineurance e6a11 6ue a~:ed thereto a Standard New York Mort~aaee Clauee withont Contributioe, making
all loae or loeau ander each polier p~y~ble to the Mort6a6ee a~ ib ieteraR maY appear. In tbe event ~ny eum or snms of momy becomc
payable thereonder the Mort~Ree ~h~ll have t!u option to rceeive •nd ~pply the wme on ac~ount of the indebtednas~ 6ereby eccured,
or to permit the Mortss6or to reeeive ~ad use it, or •nr p~rt t6ereot, withont thereby waivin~ or imp~irin~ ~ar eqnity, lien{ or riFht
uoder and by virtoe of thit mortsa6e. In tvent of loN ar ph~siral dams6t to the martRa~cd propert~ the Mort6a6or shall ~ve irome-
diatc noti~e ehereof b7 m~i! to the MortEa6ee and the MortsaRee raay make proof ot loee if the wme ie not m~dc prompdy b~ the
BORF , iyQ
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