HomeMy WebLinkAbout0323 • PROVIDED, AL~AYS~ tbat it tbe Mwtaaaur ~6alt pay unto the Mort~a~ee t6c indcbtedneee evideQced by :
oertain promi..or~ sote aE ~rl~ic6 dre Eollo.i?itr~ ia ward. ~u,d fi~aree is ~ true copy to-wie:
/~I0~90~ ~0~1
: 4~'~•~ Miami. Flori~~ ~~t_~~~-- 19 ~i,~.
FOR VALUE RECEIVED 111~.T3o~3u~tYs ~d M~?u~?~.lT, promisc ta pay
co che nrder oE ~~t+~•~.,;; ° ~ - + ~ -
che principal ium o DOLLARS, together with intereac
cher~eon Erom date at che nte of ten pemnt. per annum until maturity, both principal and iflterest beingpa yable in
lawful moncy of the United Stxta at 203 Roptr Building. Miami. Florida, or at such other place as thc holden hereof raay
designace in wricing. Princip~l and intereat payable in installments ~s follows:
Sisior (SiO.oo) Dou.r. par ~?tb toar ~ ua. (59) o~ow.autie.
es~ lb~M l~~a~~ ot ~acb a~! r?~sr~? ~aa ~ o~ t~r 1~ h~h
mr~ tt~ 1 ot ~s1~. 19Tfl• • ~
This note niay be prepa~d ~n who e or ~n part a ter one year rom t e,c~-.~e ecz ~Fwn payment of a penalty
eyuivalent to two ~rcent af the ~rrincipal sum Prepaid.
~ Each installment payment shall be credited first on the interest due, and the remainder on Yrincipal; and interest
shall chereupon cease upon the princ~pal so crediced.
The makers and endorsers of this note furthtr agree to waive demand, notice of non-paymen~ and protest, and
in the event suit shall be brought for the collection hereof, or the same has to be collecced upon demand of an attorneY,
to pay reasc~nablt attorney's fees for making such collection.
Deferred payments hereunder shall btar interat at the rate of ttn percent. per annum from maturity until paid.
This note is securcd by a mortgage of even date herewith and is to be construed an3 enforced according to the laws
oE the State of Florida; upon default in the paysntnt of principal and/or interrst whtn due, the whole sum of principal
and inc+trest remaining unpaid shall, at the option af tht holdetY, becawt itnmcdiately due and payable.
Jr1CK ~i . G40DWIIl ~gg~~
ROSA:L,IE G . GOOD~~,~~ IN ~S~A~.)
and ehall perform, corapiy with and abide by eac}t and every tLe ~tipnlatione, s6reementa, conditions and covensunts of
eaid promiesory note and oE thie dexd, then this deed and the estste themby created shall ceaee and be nnll and void,
1. The Mart~a~or bereby covenants and a6re~a:
(a) To p~y dl md sin~ular t6e prircip~l ~nd iuterest ~nd ~tber s~s ~f ineoe~ pa~~hle br virtue of ~aid premiawry uote and wis
deed, rr eit6er. ProanPdr va ibe d.~. rapteNvdy ~Le wane .e.~rr.lt~ h~eeom~es due.
( b) To permiy eammit or wEer no wa~te md se maintaia tLe impreveme~s at all time~ in • st~te uf 6oed repair aod ernditiou; ~nd
to do or permit to be done to wd premi~ts nottiin tLu a+ill ahe~ or cbu~e tbe aee and rh~ratter of wd pcopert~ or in aa~ evay
imp~ir or wea'tea tbe secnrit~ ot tltiw ~rwrt6a~e. ~ i~ we of tbe rcfmd, ee~laet er inabiliqr ef t6t A[srt~or to ~qir aod maintaiu
said propert~, thie Mortp~oe au~, ~t bis sptiou, makt stie]? r~in or canse tb+t sune ts be ouede, awd ~rdraace maaeyr in tl~st be6alf.
i e) To pay alI md sinsa4r t6e taza, a~sutments, levia, liabilitira, wd obli6stiod of ~verY oatmz en ~aid de~eribed pr~perty ach
aod every when .dne aad p~~able ~ccordin6 to 1aw, befoce t6ey beeome deliequest, ~nd to deliver te tbe A~ort~a`ee on or before March
lStb of ach ~tar tu reeeipb evidencin6 t6e p~7~ent ot aU Lwfull~ impo~ed wces tor t6t prooedin~ ultadar Yar; to iodemaif~ the
Mortsa6ee apon his demand tor all taxes, ~ra~meab urd elw,a that may be rssensed apon t6is ~sRp~e oa ebe indebtedaees securod
berebr. and p~id 67 tbe mortpsee, withont te~ard to at?~ law beretofsre eaatted or 6ere~fter to be eorcted imposio6 p~rnnetu oi tbe
whole or anr part thereof upon thc Mortgasee.
(d) To pq ell ~od aia6nlar tbe co~ts~ char~d ~nd rspeerca, iwdudins Lw~en' feu wd abitnct eaqs tcNOeably ineurred or p~id et
Y an7 time 67 the Mort6agee beeaose of the failare en the part d the Mott6asor to per/orm, compl~ ~ritb ~nd sbide by e~ch rnd e'verY
tbe supulYtioos, a~reea~enta, cenditions ~ed coveoanu of wid promiuory natt and tltie deed, or citLer, aod every sucb ppn+eat ehall
bear iateraR from d~te at the nie of ten per centum per aeonm.
~ (e) It i~ far~ber covewnted snd a~eed b~ raidp~rctics tb~t is tbe eveot o( a snit bein~ inatitntcd ts foereelaie t6u mort~~e, tbe Mort-
6a~ce ~Lall be eneided to applr at adr time pend'w~ ~neb f~reclo~ure snit to tAe eonrt hivina jnri~dietioo eLereof f~r tbeappe ~~nent
ot a receiver of dl aad ~iagalar tbe mort6+e~a P~~n7, ~~i ~11 rwts, iseous~, pre6d, iMOa ~ad reveaoa t6ereef, from w6rpoever
~ wuree dereved; and t~ereupon it i~ herebr exFrz.sJ~ eavemated and ap~eed tb~t tbe Gnrt ~h~ll fort6wi~ appeint sutL reetiver witi~
tbe nsot! poweas wd dntia a[ roeeiwen in like eo~a; ~od aid appoiatmebc aL~ll be made b7 t6e conrt ar a mutter o( ~trict ri6ht to
t6e Mortysee, and wit6out reference to the ~deqnacy or in~deqaaey of the valoe of the pro{reerty hereby mort~a~td, ow to the wlveaey
or inwtvencq o( the Mort6a6ors or an~ at6er party detsnd~nt to snc6 cui~ Tbe Mortp6or 6ereb7 speeiSalt~ waives the riaht to
~ object to tLe appoiatmeot ot • ceeei~er ra aforesaid md hereby eiprealy eoneenu that sacL appointment shall be madt u~n sdmitted
~ eqoit7 aod ~ a maner of abeulnte ri~t to t~e Mattp~ee and ~t t~e eame ma~ be doae witbont sotiee to the Mortp6sr.
(f) If foreelo~uro proceedinas ~bonld be iwtitnted a6aiaet thepr
op~rty covered br tbis mortaa~e ~on a~ other ?ieo or clsim wbetber
aUeaed to be superior or jaoior to the licn of this mortp~{e, the Mortsa6ee m~y at hie option immediaulr apon iostitution ot ruch
~ euit or durin6 the pendeney the~eof declan this murtga~e aad tbe indebtedncse secured hereby due and p~~able fortbwrth aod eoay at
~ iU optiao proceed to foreel4ae t}~iis mortaa~e.
~ ~ (6) That tLe Mort~,a`er wili l~eep all red and personal propttq aow or heredter eneumbered b~ the lien of thie mortp~6e imured
xi as ms7 be required frnm time to tient br tbe Mort~6te a6sinst loss by 6rt, windsiorro and other hwrds, tasnalties and ceniin6eociea
~ for ench period~ and for sot lsas tban sneb amo~mU ~a mrr be required by tbe 1Hort;a6ee ~nd to pq prQmpdy wLen doe all preminms
~ for ~uch insnnnce. Tbe au~onnta of iwnraaee reqnired br tLe ldort6a6te el~dl Me tl~e minimnni amounts (or which said iasarante e6a21
; be written and it ~hall be inenmbcnt npon the Mortaa~ee to m~iataia tneh additiowl iworaaee a awr be necessan to meet and co~p
ly
tnllr with dl cain~anace reqoiremenu cootained in Nid pelides to the ead that the raid H~oc~pser u aot a co~insuror t6erennder.
~ Insannce shrlt be rvritten b~ ¦ company or cwmp~nies ~ppro~ed er daisnrted b~ tbe Mort~a~ee ind allpo licia and renewala thereo(
shall bc Leld br ~6e Mo~caa6ae. All de~ailed dai~e.~ieu~ b~ thie Mort~asor whic6 areaete~tcd b~ thz M~rt~r~ee rnd all ap~emcats
betweta l~ortpsor sad Yort~a~ee tcladar te ie~urs~ee, sew e~i~tia6 or hereafter madt, ehrll be in v?titin~ and a6all be a p~rt af this
; mor~~a~a a~reemeac as iallr .s ~oa6h .a f~h .erb•Um he~ein .nd ~6.11 sovers botL parties hereto and tbeir weceawn and usi6ns.
~ No liea upon ~n~ e( ~aidpo
licid ot iosuradee or upen ia~ rdand or return pr~miam which may be p~~rable ee tbe uncellation or
± termiartion tLercot, ~ball be 6iven to otber tbao tbe Moet~~ae, except by~ prsper endonea+eut a6oced to sac6 policy aod approved by
1 Mortpsee, Eaeh polie~ of insnnnce ~hall base al6aed tLereto a Staad~rd New York Murt~aaee Claase witi~ont Cortribndoo, maki~~
all low or lwses ander eneh polic> >able to cbe Mortgs~e,e a its intercat appeor. In tbe eveat an~ ram or ~om~ af moaey beeomc
p~~ e
payable therennder tbe Moct6aRa ~hall have the option te reeeive and ~ppiy ti~e same on ~eeone~t of the indtbtednees hereby aecnred,
; or to permit th¢ Manaa6or to receive ~nd aa+e it, or aa~ p~rt thvcol, witbont thereby wai~in6 or im~irin6 sn7 eqairy, Uer~ or ri~ht
~ aader rnd br rirtoe d tlw mort6a6e. Io event of Ics~ or phrsical dan?a6e to the mortRa6ed propert~ tLe Mortaaror ~II ~ve immc-
i diate notice thereof b~ mail to the Mort~a~ee snd the Mortsa6ee m~y make proof of lose i[ tLt s~roe is not made pr.mptl~ b~ tLe
~ ~ goo~ 12`7 32~ ~ ~