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P~OVIDSD~ ALMI'AYS~ tba: if t~e .r.a r?.~ y«t~ ~~a~a b~ .
oeetaiti pa+a~siMeq ao~s ~f' rrLiok tirs f~lio~w;~ i~~ a~d 6~rer iw ~ trae wp~ t~rrit:
/NI~l~~~ ~
= 1ltiami. Florida, ~S ~
FOR VALUE RECEIVED prami~eapay
co the order of 1~,'.'i,~j,~,.~I~'_~7R~ ~ ~ + -
the principat sum IZ.ARS. tag~tther with inttrest
chereon from date at the nte of ten pe~t+irn~ pa annum antil matwity. both psiatipal and int~rat being ~rable in
ra
lawful money of the United Staua ac 203 Roper BuiMing, Miami. Florida, or at surh other pUce as the holders a~ay
designate in writing. Principal and interest payabk in installmtnts as fottows:
aa~
ri~ {~3~•4~~ ~ ~a a~ ao~ the
l.sii * 1l~. s~ ~o~?t?i~ ~aa i~h~ l~?i~
~t ~~i ~nr+~ a~ti? ~1 pai! is l~all.
This nott may be }~repeid in whole or in pare after one year tron? the dace hereof u~wn payment of a penalty
ec~uivalent to two perctnt of the printipat su~n ~repaid,
Each installment payment ahall be credited first oe~ tht inttrest due, and the remainder on Nrincipal; and interest
shatl thereupon cease upon the prindpal so credited.
Tht maken and endorsers of this nott fnrthtr agme to ~vaive demand, notict of non-payment ar.d protest, and
in che event suit shall be brought for tht collection hereof, or the same h~s to be collated upon demand of an attorney,
co pay reasonable attorney's feea for making auch collection.
Deftrred payments hereunder shall btar intttcst at tht rYUe of cen prrctnc. per annum from maturity until paid.
This note is setured by a mortgagt of evtn date htrer?ith and is to be construrd an3 enforced according to the laws
of the St~te of Florida; upon defautt in the payment of principal and/or interest when duc. th~ whole sum of principal
and interesc remaining unpaid shall, at tht option of che holders, btcow~e immediately due and payable.
.~DIE HO'~JARD I~WI3ENCE (s~?L)
AGI~ r
~ T~W ~t r~7rE (SEAI-)
ana ahall perform, oomply with aad abiie b~+ cseh a~rd e~at~+ tLe diPnLtio~w, a~eements, cooditions and coveaaats d
aaid promiaaary nc+te aa~d of thia aeed.. tben Lhi~ deed wad the e~tate tberebr created ~hall ccase and be nQII asd ~oid.
1. The Mort$a~or berrb,y oavemants aad a~eea:
( a) Te p~~ al! a~d si~l~r tie ~ri~ei~l ua ia~e~rt Md M~r ww~ ~t rr~e~ M~4 by ~i:
!ee ~f ~aid p~vmiwq sate ~nd tLis
decd+ K eitLu, P~+e~tir ~a tlre d~r re~c+c+tird7 ebe ~e ~e~elly betwoa ~ee.
( b) To penrit, e~as~it ~r ader .i?w~e a~ t• ~aiwio ttie ia~+v~b .t .it ei~es i~ . reate ~f ~.d rep~ir wl e~ditiorr; .urd
[s de or pera~it cs be d~se t~ srid prssi~ats~y tVt niA ~lEer ~r ~e t~e Ne nd e3ne~e,ier ~f s~ii ~r~at~ ~r id u~ aay
imp~ir ar aeakm the ~eetrit~ ~i t~s Mrtp/e. A~ i~ we ~t ttie rdawl, ~ sr isaM~ t`e 1[~tp~sr t~ rtpair a~d rwriwia
said Prop~rty, t~e ~i+*~P~ee w7, at ii~ ~~w, rwke ne~ re,pir~ K sare rie ~oe ~~e aw~i~ ~ airsaa ~s u tL~ be~lf.
(e) To P~Y ~ a~i~~ ~ k'+~ IiabiliRies. ~wd ~iliptiws ~(e~er~ wt~rre w~id iertxi4ei~~ acb
and every ~rhen d~e asd pqable aeevrdii a 1~rr, bd~e Leesme asa t~ ,ddi+ror a t6e ll~rtp~ee w~r bd~ce Marc6
15th of eac6 ~car ta: ~ ee
Mott6asee uP„p bis demawd t~~ ~ r~rt ~f a1) dl~ ' raea hr 16e preeedw~ tdeidrr rev; t~ iedrm~if~ tLe
ta:ea, a~eob a+d dru~r th~t ow~ be ~re~e~ ap~a t~ a~t~e N tbe i~debtmdwew ~ecared
Lereby, aed paid b~ tbe wsrtpae,e, ~vitMat rea+rrd u~ ln? Lu+ctrf'ere eaaetti ~r bese~er c• be eesesed i~ir~ p~~cat ~t tbe
whole or anr p~rt tbercet Ypoe the Tl~~rt~s=ce.
( d) To pq aU ~od siraolar t6e c«4> e~arRes aoA eape~ea. isdadia; law7~rs' fe,es aed abrtrset e~ rewa~bl~ i+tar~ ~rp+u d a
.n~ time b~ tbe ~[.rtp~ae bcransc of th~e t~ilve rr t1~e ~rt ~i eEMe _~liirt6siK P~~. ~h «rit~ ud rbiie b~ ere~ ssd e.ery
tbe uipalaciooa, ~sreemeata, ewerlitioom aad eove~aw d~aid ~si~or~ wte ~wd tlra dee~ st eitLK, a~d e~er~ sueL p~~rse~t shdl
bcar interat fr~m d~te Rt tbe ratt ot tw per eest~ per anr~r.
Ic i. fwc6er c..ee.~ed a~a .~eed by rudp~r~ ~~s ~ e~c ¦ so;t bei,~ ~w.a~ecd ts t.ced..e ~'e, ~e ~.r~-
~ee .bait be ~aNded a appl~ •e ,w~ taue peadi~ l..td«~s~e aw die e.~nt f..i.~ jnri.~exi.~a d~+ra~i t.r tre ri.ar~eot
~f a reeeirer of ~ll aad sia~l~r tbe mort~a~ed Pr+Pe~t~. wa ~f aU sear, i~ewau. ~~6A++ i~a ~ eevr~sa d~~, [.+m~
sooree derivcd; ~ud t6ertepen it i~ 6er~eb7 ~xPr*sst7 es~ sd a~eed tLt tLe fw~r! sWl fsrfiwi~L r~i~R wri recei~r w~i1h
tl~e wual po~ren and daties et reeeivers i~ like c~; ~i wii ~pp~iaRe~at al~il be ~aae b~ t6e eMrt a~ a rrrtter d~triet ri~t to
tbe Mw~taaaee, and nitMtit refcrence ta tlre adeqaser K~ irf tLe vaioe dre preiperq 6eitr.bY m~r~r~ed, rr t~ dae wlvaocr
ar iawlveaty of tLe Msrtaasors er anj et6er p~rt~ ade+~d~t ~ srr6 wit. Tbe 11[~rtP~ ~7 ~~~7 ~?aiva tbe ri6bt te
object te t6e .ppeienneat ~t a reeei~~er as doresaid red benb7 ap~si7 e~r~t tLat ~+ipp~o~tment s6a11 be swde a~ a~ admitted
eqnit7' aud a~ a m~ttcr of ~bsolate ri~t ts dre 1KKtP0ee aMi ~ tbe aa~+e m~Y be doae r.itLwt Mdet t~ t6e 11[~rt~r.
(t) It foreelosare pr~oeedin;~ shoald be io~titated a~tirt tLt~r~e rty tov~esed 6~ t1~is rrKt6~i~ a~! +tlre~ lira~ K clair~ wr6ethtr
alleaed te be auperior or jnnior to tl~e liea ei dw s+rt~~e, tLe Di~rtp~ee enq at his ~ptisa i~rediatd~ opo~ iestit~ion ~f wc1~
sait or dnrin6 thc peedcnq tbereof decLre ti~is rNrtp~s aea tit iedebteba~ ~eesred ~eecb~ d~e ~sd pqa6le f~sLaith sad ~sy ~t
ib optiou yNOZeed to fo~eel~e thia mert~ase.
(6) T6at the Morlp~sr ~rill keep all ral a~d perswl p~~esp n~wr ~c beneafter e~t~twbered b~ tbe liea •i tbis msttaaBe inwred
aa ma~ be roquired ~rom tiaoe to time b~ tbe Dt~tp~ee ~Pi~rt i~w bl S~C, ~+iad~t~r+a aed Mber ha~aards, easualtiw and cootin~eaeies
for awb peeiods aud for set lew t~a wc6 am~a~M as r~ k re,~i~ed by t~e ~IMSp~pee aod t~ pro~pd7 ~r6as d~e all premiams
for rneh inanrasca Tbe ~mennts of issnrs~c~ ec~ ~r tLe Iiattpi~ee elydi be d~e mu~oasror a~uots f~r a6ieh nid iesacssce ~6a11
be writtea ~nd it ~6d1 be iaevmbeai aps~ tie ~~+taaAr t~ ~atai~ ~~diitirwd i~ aw rus~ be aee~cas:r~ u meet and cue~17
tall~ rrith all esinrnrs~oe reqrirnoeats ee~ea ia ~id ~lir3es M tLe a~i ~t d~e siua l[+~t~a{~r is w~a a ca~iawror tbere~as&r.
Ia~nrance ~1!- ~e wrip~ta by • eoe~pst~ ~r e~iesa~rw~ ~r daip~e~~ bi ti~e al~rtp~ee aod allp~lie'sc~s md ra~twals ~hereof
shall be beld bY rbe 11~o~r~ee. All dr~t.iied ~iari~Ri.~s Lj ~ Msrtp~r ~rl~ic6 m~ d~e M.rt~~ee aod dl ¦~u
between IldortR~6a ~~~E~p~ ~ ts iawra~ee, t~w ~ K i~ratisr rwde, r8r11 Le i~r rrriti~ asd dull be a part ~i tbi~
mort~e ~geanent a~ fdl~ r~oaaL ~et f~ .erb~r~ 6ereiw ~ drll ds~a~a Md~ prrtia 6e~t~ and dseir ~on aad ariaas.
No liea apao ~e~ ef ~idp~
lieia ~t i~arwee e~ ~a e~ rdod er Ktors praui~ w~hiel~ e~ be p~~abk N~e aeaellatioo or
ternuinatioa t6er~c~f, rhdt be aivm ta ~t~er t~ t~a '[~ee, as~t by~pr~per ~~ised t~ sacd p~lic~ ~d approved b~
MoR6asee. Ereh p~lit7 ~t im~nnce rball h~u daed tlrera~ ~ Squsdrtd Pltw Ysrk 111~t~r~e~e C.b~t ~?itti+~t Cerribatiaa, makin6
all loss sr lw~a ender socb polie~p s7~~bk a t6e ~[art;+~ee as ie~ ia~a~e~t ~ a~pur. Ia t~e e+ra~t ae s~ or mo~re~ beeoroc
P+rable t6ereander tbe Me~t~a+tee ~lull hsve tbe epiw t~ e~e~ai~e aed tbe ~e ~s ~ee~~ d~~ bereb seca
7
or to permit tLe M~rt~~ ta reeeive +~wd ~e it, sr an7 P~ ° ~7 ~~S K~Pura~~ ~7 ~~7, iiee~ or ri6hc
nader aad by rirtae ot tlrim aortp~,e. tn tvest rF larr ~r pi~aital daeus+e te t6e ynort~la~cd pe~pert~ d~e 11[~rtaaaor ~1I pvt imne-
di~te notiee t~ere~f b7r a~il to tbe Me~t~~ee and tLe Y~rtp~ee ~sq eua~e p~wt ~i' I~a it tbe wee is wt saie prMrpd7 b7 t6e
a~o~ 124 ~ 3~~ .
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