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P80VID~D, AL~VAYS~ thse iE ~e Morea.~ .h~ll p•r noto the Mort~a~ee the indebt~lacee evidcnocd by • ~
oertai~n prani~ae7 aa~e af .?hich t6e Eollawia~ iw woe~ds and fi6ures i~ a tn~e cW?y w-wit:
Ald~qay. /Yo~'.
i Miami, Florida ~T - - --19 ~
FOR VALUE RECEIVED j~_ " i promise to pay
co the order a~. " ~ " ~ ~
che principal sum o OLLARS, togethtr with intertst
chereon from dace at the rate of ctn percent. per annura uncil maturity. both principal and interest beingp~ yable in
lawful money of the Uniced States at 203 Roptx Building. Miami. Florida, or at such other place u the holders hereof may
designace in writing. Principal and intertat pay~tble in installmtnLt as follows:
~,t'4 t~J~.4~y ~1Za:sy~s a~al~ y~aaias aa i~a
1'~t ~ ~~1~. 1!~'S• ~ Motti~i~ ~utt~7.
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This note may be f~repai~l in ~~~hole or in part after oiie }'~:~i trc~m the date hcreaf u~~on ~~a}'ment ~f a penalty ,
eyuivalent to ew•o E~ercenc ot the principal sun? pre~id.
Each installmene payment shall be creciited firsc on che interest due, and the remainder on ~rincipal; and intcrest ~
shall ehereupon cease upon the principal so credited. 1
The makers and endorsers of this note further agree to waive demand, notice of non-payment and prot~st, and ~
" in the event suit shall be brought for tht collcction hereof, or the same has ta be collected upon demand of an attorney, ~
to pay reasonable attorney's fees for making such tollectinn. -
DeEerred payments hereunder shall bear interat at the rate of ten p~rcenc. per annum Erom maturity un~il paid. ~ -
This note is secured by a mortgage of even date herewith ar.d is to bt construed an~ enforced according to the laws ;
of cht Scate of Florida; upon default in the payment of principal and/or interest when due, the whole sum of principal
and interest remaining unpaid shall, at the opuon af the holders. become immediately due and payable. .
. . T~T C ~T ~ a
y_±~..l.L'1Jt'a i 11111 (JEAL., i . .
1
(SEAL) ~ ;
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and ehall perform, comply with and abide by eac5 and evary the atipnlations, a6reemeate, conditiom and caveaa~ats of ~
eaid promissory note and of this deed, then this deed ~nd tlie eatate thereby created ahall cease and be nnll and void. ~
1. The Mortgaaor hereby covenants ~nd a6rees: ~ I
(a) Te p~7 dl aad si~6uLr tbe priotipal ~nd interat and ~tlwr snm~ ~t ~uone7 pqabk b7 virtae ot wid pramiswry note and thi~
deed, er eitLer, prompdq on tbe dqr ro~peeti•d~ t6e same ~ev~rall~ beeomd dut. ~ ~
( b) To peraait~ e~mmit or ~er no wiute and to m~int~in tLe imprsvemeata at all timcs iu ¦ st~te af aood repair aad coodition; ~nd
to do or permie to be done to s~id p~emi~a nothin tL~t ~vill aher nr chsa6e tbe o~e wd eturaeur d wid propd't~ or io ao~ way
imp~ir or weakea the ~cearit~ ef this m~rt~a~e. A~ ie ca~e o( d~e refmal, oe~leet ~r in~6iliq of tbe Mettpa~r to r~ir aad mairtaiu ~ ~
wid prop~erq, t6e Mortp~ee u~7, at itiw ~pdun, makt arcL rep~in or uwe tbse eame ts bt made, sud idvance mone7~ ia th~t be~li. ~
( e) To p~y all md sin~ar the a~ces, ar~ewments, icriea, li~bilitia, and ebliptioas ei ev~ estare ~n s~id aacribeapr+pe ~ esch
and every rvhen dae and p~rable aeeerdan6 to law, befera tbe beeome delieqnent, rnd to ;ddives to tbe 11[artp~ee oa ~r before Match
15tL of eaeh rar tax reeeipts evideaciaa tbe ps~ment of all ~ull~ impo~ tua for tbe precodinr dleudar ye~r; to indemnii~ the ~
Mon~a6ee upoa his demand ior all tazes, aaewneab and e3~r~er tbst mu~q be aa~ereed npon tvn ~ei~~e ~o the iadebtedeese ~ecared
hereb~. md prid b~ tbe mon6r6ee, ~vitLout reprd to ~nr law betetoface eaact•d or beresiter to be eo~cted i~p~si'~ ~~ment of tbe s!
whole or any part t6erest npan the Mort~s6re.
(d) To pa~ all wd sinRnlar the ewu, c7bsr6a and espeo~es, iadudin~ LFr~en' fees aad abstnct cwu reasowbl~ incurred or p~id ~t
an~ titae br tbe Mortsagte becaaue of the failnre ae the part of the ?1lart6rsnr to perform, complr witL wnd abid+e b~ ael~ rnd every
tbe ~tipnlatioas, •6reements, conditions and eovenanb o~ s~id promiuor~ note ~nd tbis deed, er eitLer, aod every wc6 pa7ment s~ll
bear interat from date st the rate of trn per eeotom per ammn. i
le) It is fnrther co~enaated snd •6rad b~ ~tidpa rtid tb~t in the event of ¦ Fnit bein6 imEituted te focecl~re tbis mortp6e, tbe Mart• ~
~s~ee ~6a11 be eatidal to applr at an~ time pend'm6 sntb E~reelenere snit to the tanrt b~vi~g jnri~dictioo e6~a~eot for Lhe ~pp~ria~eot
of a receiver of all and sin`ula~ tbe moriaa~ed property, and e( all rent~. iaeo~sea, pn&t~, i~ea wd rereaaa tbtre+f, iroen MLnsaever
souree derived; snd t6ereupon it i~ Lere~r ~prenl7 eo~etinttd and asreed t~t tLe Gnrt ~Ldl f~tlbwitb appoist wch reeeiver with '
the nsnal po~ren and duties of receiven in like caw; aod ~.id •pPoin~en~ a6s11 be m.de by s6e coure r a mstter ot qrict ri~t to ~
the Mort~sae, sad rritLont rcference to the ideqnacy or ioadeqwer of the valne of ehc properh 6ereby morrd.gc~d, or to tht wlvency
or imolveney of the Mort6a6ors or anr other p~rt~ detead~nt w sneh sait T6e !Yiortaa~or bereb~ ~peeiScally waivee tbe ti6ht to
object to the ~ppointment o[ a rereiver ae aforeaaid aad ~reb~ eaprewly coneeets ~hat iaeh tppointment ~all be msde a~ ~n admitted
equit7 and ae a matter of abwlnte ri~ht to tbe Mortp~ee aod tLtilt the same ma7 be done withont notice to the Mottp~ar.
(f ) If forcela~ure procetdin6s shonld be iostituted a~irt tbepr~gc rty covered br tLia ts:mrtaaac n~ron s~ etber lica or cl~im w6cthcr '
alle6ed to be euperior or junior to the lies of this m~R}~a6e. tLe Mortrp6ee may at 6i's option u~medi~ul~ upon iostitution o( sueh !
auit or durio6 the pcndenty thereof decLre this mortpBe and tbe indebtecinees ~tcnred 6ereb~ dat ~od p~~able fort6wit6 and raav st
ib optiaa proceed to foreclo~e tltiw mort6a6e.
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( 6 j'Phat the Mortyt6or will keep ol re~l and penoeal propert~ now or hereJter encuinbered b~ the lien of tt~ie msrtpge inaurcd
aa mar be re.quired (rom time to tirne br tbe Moctarsre apiqat lws by fire, windstorm and other luurda, ds~wlties aad contin6eoeia j
for sneh period~ and for not las tLan sncb amo~ma a m.~~be reqnired by the Morc~,~e,e ~nd to prr prompUy when dne all preminme
far •uch insurance. T6e amounb af insannce reqnired bj tbe ?iortpsee ehell be t~e miaimum amounu for r+hie6 taid 'ensur~nee slull
be written and it ~hall be incnmbent npoo tbe Mortsa6or to m~aolaia tncL ~dditioa~l imoraote a~ ms~ be nca~a~sary to mect ~nd eomp ly
fnll}~ with all co-insacsoce reqaircmeats cootaioed i~l Mid pelieies to the end th~t tbe wid Mort~6sr i~ oot s caiowror therwnder.
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Inenrance shdr be ~rritten br a company or comp~nies appro ~ed er daianated by tbe Mort~6ec and all litia ~od ra~cwsla thenot '
sbdl be 6eld b~ tLe Mort6asce. All detaiied de~i~tiee~ b7 tlre Mon~;or w6ic6 rre~ec~t ed b~ ti~e ort;asee and all •~era~ence !
bctweea Mort6a6or aod ~ort;aget relatin6 to inwnsee, sa~? esittin~ or htreafter a~rde, ~6a11 be in writin ~od ~hall bt a put of this
mon~a6e asreemeas a~ faU7 ~s tbon`6 ~ f~rth verb~tim Le~ein and ~hsll 6overn bot}+ parties hcreto and ~ir weoe~on and assiEaa.
No lien npon an7 d~aidp~ iitier oi insurance or apoa aa~ refnnd or return premima ~+bich au~ be p~~able oa t~e uncdlation ar
ternaination tbereof, ahrll be 6iven to ot~er tban the MortpBee, e:cept by~ proper endorscmeot ¦~ed to snch polic~ aad approved b7 i
Mort6a~ee. Each paliep af irn~nraect ehall huc aized tbeteto s 5uedatd Neve~ York Mort~a sce Cl~n~c withoat Contribatiaa„ makinK !
ell low or lowd ander such polic>pa >abie to tLe Mortaa6e~e as it~ irterest msr appear. In t~e evau an som or snm~ of mooer br,comc
parable ducennder cLe Mon6aR~e ~6all 6rve the op:ion tv receire and applr tbe wne on oecon»t of ~ indebtednas 6ueb~ ~eenred,
or to permit the Mort6a6or to reeeive and we it, or an~ part thereot, wit6ont therebr waivir~R ar impairina rny eqnitp, Lien~ or ris}?t
under md by virtue ot this mort~s~e. Ie event af Icar sr p6ysical dama6e to thc mortRaaed prnpen~ t6e MoRasaor shall ~ve imma
di~te notice t6ereof b7 mail to the Mort~s6ee and tbe Mortaa~tee ma7 make pcoof of loas it t}~e Nree i~ eot m~de promptl~ 67 the ~
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