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P~OYIDSDi, AI.qAYS~ t6at if tbs lta~t~o~r ~ pa~ nuco dre ~[ortaasee t6e indebtedne~s evidenced br a ' I
oert~in pramiror~ ao`e of wLia6 tlw tdbwit~ ~ w~ard~ and 66ue~es i~ a trne aupr t~r~rlt:
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Miaaa.i, Floridz ~t ~ ~ ~
FOR VALUE RECEIVED M~. ~i ~T p~y~~~y
co che order of-_ ~~,`YMQII~L FFtT~ ~ ~ i
the principal sum n~ DOI.I.ARS. together with interat i
thereon from date at the ratt of ten percent. ptr annum until maturity, both principal and interesc beingpa yable in
lawful money of the United Statea ac 203 Roper Building, Mixmi. Florida. or at such other place as the holders hereof may
dcsignate in writing. Principal and interest payable in installments as fallows:
~"r'A~'~~ (i'~S•~) wti ~aala~ os ~irr lfli iy
8rl~lrt, 19i~~ al1~i ~t+altiida~ a~ 1~ ~iytlt i~ ot ~to~l~ w~rd aev~ar~
~w~ ~at`t~e ~ai31 ~?id !?a lbll. -
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This note niay be prepaid in whole or in part after one year Irom the date hereof upon payment of a penalty +
equivalent to two percent of the principal suni prepaid. .
F:ach installment paynaent ahall be credited first on the inierest dut, and the remainder on principal; and intereat
shall thtreupon cease upon the principal so credited.
Tht maktrs and tndorsen of thia note further agtee ta waive demand, notict of non•payment and protat, and y
in the evrnt cuit ahall be brought for the eollection hereof, or the aamt h~s to be collected upon demand of an attarney, ~
co pay reasonable attorney's feea for making wch collection.
Ikferred payments hereunder shall bcar intarst at the rate of ten percenc. per annum from maturity until paid. ~
This :~ote is secured by a mortgage of even dau herewith and is to be construtd and enforced according to the laws ~
of the State of Florida; upon default in the payment oE pri~cipal and/or interest when due, the whole sum of prinapal ~
and interest rrmaining unpaid sh~ll, at tht option of the halders, baome irnmediattly due and payable.
PAIIL E . HOOD ~SEpi,~ I
RENa i•1. HCOD ~5~~ ~
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and ehall perform, compIy with and abide by eaeh and evary t6e stipnLtiam, a~reemente, oooditions and covenante of
eaid pmmi~ory note and ot thie deed,, then tlw deed ind the wtste 4hereby cxeated sball cease and be nnH aad void.
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1. The Mortgaaor berebJ cove~aaL and a6rees: I
~iieed, ~r~
tLer ~
a t1~c ibr -rwrae~ti~rdy~d~e ~e ~taUy beeoe~e~ br rirtne e[ wid pc~ai+wry sote aad this I
(b) To permit~ c~mmit or wrw no wa~te ~ed to mai~aL~ t`e iep~~v~ at dl tima u• Nat~ d ~wd rep~ir a~i ~editi~o; ~od ~
to do or pcrmit to bc dese to ~aia p~as tiM wi]I Niter ~r s~ie~e 16e a» aoi et~ae~er ~~~t~t7 ~r in aa~ ~vay `
impair or weak~ tbe ~ee~ritr ~f tbi~ o~rtp~e.~ u we of ~be rd~d, re`lset ~c te~biliti it t~e a[~rtppr t~ rep~ir awd m~i~taie ~
said pro!?~~7. ~7, ~~~00. raulue pei rarwin st uwe tLc w+ee tr be o+dt. ~ s~r~rwee ew~se~t ir tLat beidf.
( e)'I'o p~y all aid ao tLe taxes, wa~sa, 1e~ia. 1~LHitie~. ~ad ~bHpti~n ~it~r~ rltre ~ Mia ie~esibd pr~perty raeh ~
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aod every wbea dae as~ p~~able ~ee~rdi~` ta law, bd~re beeame dali~q rnd te deliv~er ts tbe lt~rtp~ee w~r bdere 11larcb ~
ab
15th of each year tu~ reee~pu evidencins tl~e ~ymtot ~f rll nU~ iaps~ed~taxea tor tbe preoed~ tak~dsr ri~*: a iedemeif7 tLe ~
Mort~ya~ee upon Iw d~od for ~11 trxea, waro~ants asd tbrrp tbrt w~ be sw~ed ~at tida s~trq~e ~ t!~ iadtbted~~ss sacared j
herebr, wd p~id b~ tbe mort~6ee, wit6oat reprd to any I~~v 6eretet~e eaacted or beredter t~ be ea~eted i~pwie~ p+7meat e( t~e !
whole or an~ p~ri t6ereof upon thc Mortp`ee.
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( d) To pi~ ali and siaanLr tbe costa, e~r~ ~ad e:pea~es, i~d~dia~ Lw~en' fca sed ab~v~ct e~ws ra~oMbh iucarred ~rpw d st ~
an~ time b~ tbe Mortpsee bec~wc ot tLe f~ilare ~n tLe part ~f tbe ?I[art6raor t~ pe:fc~rm, e~pl~ wit~ iesd abiie b~ a~e6 awi erery
t6e stipnlstioos, ~rreemeat~, eonditions and covewrw o! s~id prooirwrg note nd thia ieed4 K eitier, Yd e~ery weti q~meat s6~li ~
bur wterat fr~m d~te at t6e nte ~of ten per eentwn pe: ~eem~.
(e) It u f~rrtber eoveaanted aad ~r~reed br ~aedp~a t~t ia tbe ewe.dt • snit bein6 iawitat~ed t~ f~ereela«e tL'a mortp~e,, tbe At~rt• 1
p~oe ~t?dl be eatided t~ ~pplr at ~a7 tiee pes~n6 ioc6 t~ceelewee wit te ~e es~re baviq jtiri~d~iaa e~a~e~f for t4 ~
of a reoeiyer et sll aud rin~al~r tbe mortPi~ P~~~7'. and s( all reatr. K~6ey iN~es wd t~stier tbere~i, [reoa~ . I
sonree derived; md t6ereupon it i~ 6ertb7 eaprad7 s~~ewwRe~ pd apeed c~ tLs Gart ~ha0 t~ app~i~t we~ rooei~r witi~ `
the asu~t powete wd datiea of reeeiven ia like ea~e~: ~~W ~~6dt be m~de by ebe eeart os a wrete~ eE ~treet ri~t to ~
t6e Mart~~ee, and witLoat rdereoce te the adeqtueT ~t iosdoqure~ ot ebe vslue af 1Le property herebp me~ ~ed, er to tbe soheacr ~
or i~olvroey sf the MoRaa6on or ~n~ etber p~n7 dde~rdsot M sncL sni~ T6e lrsrtpa,or be~ ~pod6eally waiw t6e ri6ht to ;
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object t~ tbc appoiuament ot a reeeiver w~(oraaid asd rereb~ ~I7 e~nsa~tr ebat web ~ypeintmeet ~all be m~de r~n a~nitted
eqvit~ aad a~ wtter of absolate rishi to tbe Msetp~ee ~d t~st tbe wa?t ma~ be dooe ~?itMwt wstict t~ t6e Msrtp~r-
(f) It foreclosure proceedinEs ahoald be iratituted api~ tbe y esvered b7 t~a~ moet~/e ~7 otber lies K eWm w6etbee ~
alle6ed to be superior or jnnior to tbe lien o( tLis m~rtp ~ort6asee mty rt hu optioo iuun~di~4rlr upon i~titntiow o[ snch ;
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snit or dnriaa the pendene~ 3hereof dec4re tbis eortp~e !Le inaebtedees~ ~eevred Let+eb~ dae sad psyabk iKtLwitL ~nd mar ~t `
ib option proceed to foreclo~e this mort~,se. i
(s) 1'6at the Mortp~or wi~l keep aU ra~l wd p~n~al prper4 oa~ or 6ercafia~ eeeua~bered bY the lien a( thi~ ro~rt6e~e iesnnd ~
a mar be required from time to time by tire 11[Nt=a~ee ~pia~t 1w b7 ire, wiad~t~cr~ and otbe~ hwrds, uswlaea ~nd csotin~escie~
for s~ch psriod~ ~ad for not las tban s~t6 amw~w a~ ~ tie ~epi~ M sbe 1~[«sp~ee and ee wr rro~dy .~?6eb d.~ ~~I P~oms ~
for tueh insaraosc. T6e ~moants d iasnnnce rapired bt t~ 1Metpp~ ~b~ll bt tbe aiisimw~ a~oana ier ~?hieh Nid inwru+ee ~ball
be Mrittea and it s6~U be incnmbeat a~rroe tbe ~[artppr t~ ~is ~~itisal insRaeoe w oay be nwwary to rnoet and lr ~
a o
fnll~ wich all eo-imnrance reqaireseat~ eo~li~ed ia ..u f.t~.. a~.wa ~ e~ ..~a ti.~.~.r u s~t ~ eaiawror tbere~n r.
In~uranee abalr be written b~ a eompaar or e~a~ ~r dedpMted b~ t~e M~rt~a~ee ~d dlpo litie~ red renewsb tLereof `
sludl be Leld b' the Mortp~ee. All detailed denpdirw~~ H[~rtppr whieb aee ~coaped b~ tLe 11[~etp~ asd dI ~~nu
betweta Mortp~aor ~d MKtp~eer~pa~ a i~rree, M++ aa~i~tina ~r beredte~ o~d~ D be iw writ' ~d ehall bE ~ put this i
monp~ge r~crme~uc ~s f~U7 r thw~6 ~t («th serLatia ~erei~ ~nd ~11 ~ovar~ bot5 pertia 6er~t~ aad~ wooeMOn and aaiga. ~
~10 liea apon aa7 0( ~aidpo licia o( i~araez or~pw aa~ rd~d or return p~+rmiu~ whie6 mar be p~nbk N~e eanceWeioa e~
termiuatian thereof, ~ll be sivea te ot6er sb~n t~e Mortp~ee, ete~pt b~~ p»per endoere~ne~ ~o~ed ts web yolicq aad approred b~ ~
0 e-r-t-aq-
Mort6aaee. Esch p~lic~ ~1' iwannce siyll base ~zed t6eret. s Stawd~~d Pcw York M ~ee Clawe rritbwt C.~r~tr~b~n, makin~ -
all loa or loaa aeder saeh polic~~IE t0 1~E MO[tp~00 ~!1~ i~ Ytl~ ~~7. III I~E er~ot sr~ mm er wm~ d moae~ beeome ;
pay~ble therennder tbe lY~ort6sRee L~ve t6e optioe t~ r~eeei~e and ~pplr tlx ume oe ~ctomt at tht indebte~as 6ereby ~ecnred, ~
or to permit the A~ortpser to reeei~e and ore it, or any p~et ttier+eof, +ntbom tbereb7 wai~in~ ~r impRirin~ ~as~ equit~, li sr ri~t ~
nnder ~od b~ virtnt ot thu mor.~~e. Iu event of low er phriical dsnuse to tLe mart~p~ed pr~pert~ t~e ll[ort~s~or s6all~ve immc-
dirte notiet t6treet b~ mail to cbe Monpaee aad tbe 11[e~tp`re ma7 make proo( et loM if the ~~ne is ~ot made pranptl7 b~ 26e
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