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HomeMy WebLinkAbout0508 . i ~ , ' ! ~ ~ ~ , , ~ ~ PftOV~ AL~AYSti, t4~t iE sl~e ][oet~s~or .6~fl p.y n.ta rhe ]Ylort~pee tl~e iadebtal~t tv;aenced 6r . . oertaiw pe~a~3wa~ y~oie ~f wtiia6 tLa tallo~~ ~~?ar+L amd 6~ua~e~ i~ a ttu~ oop~ tawit: A ~ ARaf~, /I~i~ti ~.~~?t . ~ s ~.lO~rM ~[;,,m;, ~;a~ ~'~i¦Ir~r i~'ilM?_ i9 ~ FOR VALUE RECEYVED ~ ~~T ~ ~rao~ise to pa?y . co che ardcr ~oE Y~I r.r ~ f; she principal :um • • LLARS. together with interat ; chereon from date at che nte of ten pertentper annwn uncil maturity. boch prindpxl and intcrat beingpa riblt in lawful monty at thc United Stata at 203 Roper Bu~iidin~, Miami. Flacida, or at:uch athrr place u tht 6iolders hcnrot may daignace in wricing. Principal and inser~at papabk in i~q as followa: ; ~.~r1~•!'trN t~3~.N~ ~r s~ r~aM? ~c~.~r n~r~ t~l~ ` ~l ~ll~ ~ ~ ~ ~ ~ ~ ~~rt r~, l~tl~ ~ ~Ir ~t ~e~ l~f~~ ~M ~ ~?#~l ~M 1l~Mi? ~ d' ~~h 1~A~ ~1~ +i~~i 1~r ~r~? 1a~~ ~ ~sil ~~r Mr ~1 ` . ~ This note may be prepaid in wha~ie or in paYt after one year from the date hereoE upon payment of a penalty equivalent to c~ro percent oi the principal sum prepaid. I Fach installment payment sball be tredittd f~at an the intertat due. and the nmainder on principal; and intereat - ahall thtreupon ceaar upon the prindp~l ao a^ediaod The makers and endot~ers of thia note futtl~er agr~~t to waive demand, nocice of non-payment and proteat, ~nd in che eyent suit ~all be brought for the collc~cti~:thereof. os che same haa to be collected upon drmand of an attorney, co pay reasonable atcorney's fees for making ~ch ~oUect3nn. t Defernd payments hcnunder shall beu izkerat at the ra~te of ten percent. per annum fro~nn maturity until paid. • Thi~ note is aecured by a mortgage oE even ~ate herrrvith and is to be oanstrued and enforeed according to the lawa af the State of F7arid~; upon default in the pa~t of prindpal and/or interest when due, the whole sum of principail and interesc remaining unp~id ahall, at the optioa'oE the holdtrs, bocome immediately due and payable. JOHN ~1. MASON ~sEA~.) SARI~H .ir„ i~iA:~ON ~SEAL) :ud shall perfoam, comply ~vit6 ang abide bT~aeb ~xd e~very tbe stipul~tioa~, a~ee~senis, o~aaiti~s a~d ooveaants of said promiasary note and a~ tl~ie d~ed, thett tltis dced aad the atatt thereby e~earted ~htll ceare asd be nnD aad waid. , 1. The Mort~a~or bex+e~~? oavewats and a~e~ee~: . (a) 7'~ pay rll ~sd ~lar t6e ~aci~1 md i~tereat ard ~th~ ~u ~f w~ae7 V~7~k b7 virtne ~f Mid pr~ni~wq o~te and tLia dccd, .r eitikr, pwsaqMl~ ~ tie iri r~oativdy d~e ~e ~e+~lly 6ec+mer i~e. . (b) To pera~it, e~mmit K~[er N w~e ~d t~ maiatai~ ~ie i~pr~vemea~ at all times is ~~tqe d ~wd repair wi a~d'ui~o; ~od to do or pem+it ts be d~ue N. Mid premi~a oo~i~ ti~1 will dter ~r e5~w~e t1rF ~g P{+l~7 ~ m7 w+p imp~ir or wakr.a tiw ~se~rit~ ~f t`ia mirtp~ ~ ia e~e oi die rdw+l, reileet ~s i~a6~&7 d t6e Y~r c~ rep+ir asd m~i~nia ~aid P~M~7, 'the Mo~tP~ee ~wr. Mt hi~ ~ytioa, wi~e recL repin er eaw~e t6e wne b be rsrde. ~~e~E ~s in dnt be~rrli. (e) T• p~r all ~ad s6e ta~c~s, aMawaeoM. 1e~ia, li~bilitia~. ud ~b4pti~ ~fe~er~ s~tiw ~a Mii ie~eribeipt~pq~t~ acL ~a~r1ar s6 and EYtYr MLlq doe an+d perble ~eeordin~ te br?, bdare ~4eeome delidqueat, asd te ~ddi~ner tr t6e ltoe~p~ee ~r bd~re Man6 15th of eseh qtar wc reeeipta evid~ncia~ tlre pa7mcnt ef dl aU~ iopwed taua tor the p~ee~ir~ eale~r Tear; t~ iademaii~ tbe Mart6a~ee apen L'ea daaand for all ta:ea, aesaRaents aed e~r~ar tiwt ma' be rswsed tipee tL~ ~~e ~n t6e i~de~tedsew s«ur~d Lerebr, ~ad p*id b~ t}~e mortpaee, ~vithout reprd to u~~ la~? Lt~tlefore eascted or herettter t~ be e~seted iopwia6 pqw+est uf tLe whole ar aer p~rt thereof npoo thc MortEa~ct. id) To pr~ ~rll ~d sin~nlar tbe cwu, ebar~u ard ~peeeei, iedudin~ 4~?pen' (ea ~od ab~traet to~1a r~on~bl~ isenrred srp~rid at w~ time b~ the MKtaaaee because of the f~ilnre oe tLe put ef t6e Msrtp6or t~ P~~, ~P17 witL ~ed abide b~ e~eh ~ed every the ~ti{snlatioua, ~geemeat~, eonditions and csvcrrnb e( s~id p~omiaory note and t6ie de~d, ~ eit~, ud ererr ~aeL p~7meat s6a11 bear inlee~at fr~ drte ~t ihe rtte oF tea per ee~tam pes a~anr~- (e) It ir fort5er eo~esuated sehd a~eed bY ~u'd p~_ rda tdt irr tlre tveat ~f ~ snit btia~ i~tit~ ur loreelMe tLir m~rtp~e, ttre 111~rt• I ~ee .ball be emtjtled te sppir at aaT ~iae pe~ s~reL f~red~wrs a?it t• ~be cNrc l~.i~ jutidkWo etie.a.E Eee e~e a*p~ier.rc~ ~ of a reeeirer of ~il aed sissnlar tbe moMsied prspertr, aod ~f dl rauts. jac~sa~. Pr~6b+ iroes awd ee~ea~a t~e~ed, Ere~ ~r - sonr~e derired; a»d tLeneapon it i~ hereb7 enpreatl7 ~ aad ~iesbd tVt t6a Ceort ~1I f~ts6witi ~peitR ~i reoei+rer with tlre aau~?1 pewers ~ad dstie~ of reeeiven in likc ewa: ~i drrU !~e rr~ie b~ d~e ceart r~ ~rrrt~ar ~f Mrist ri~t t~ u~ ~ the Mortaasee, aod witboot re(ercnce te tbe ~dequary ~r i~deq~e~ ef tbe vdne of t~e Pr~7 ~7 mertp~ed+ sir t~ tbe wlvency er insslvwcp ~f the lltort~+a6on or sn~ otber p~~tr ddead~t 1~ sach sui4 T6e Meetpisr ~ereb7 ~peeifiealt~ w~ives tbe ri66t to objeet t~ t6e app~iutmeet of a receiver u.EoK..~d s.d ~erebr ~~..1y cirMeab t6~t neb appaintment ~all bc mrde as ~a a~uitted ~ c~airy u~d r a riatticr rf absol~rte ri~t to tl~e I?l~rtp~ee awd t4~ tht suae mrT be doaie witlwwoe ~+tict t~ tbe M~rtppr. h L t se (f) If foreclwnre peeceedinp ~honid be inuitated ~pitMt d~epnper~r cove~ed b~ ~Li. m«s~~e tyise sa~ etber L'ee ~r c1ai~ ~vbe.t~er dle~ed to be superior or janior to the 1i~en ef tlw ss«rt~ tbe Mort6s~te mi~ at bi'a optioa i~el~ ~pw iastit~irw ~f sueb ~ ~ait or darins the pendency thereot deelare this mert~s~e ~ tLe indeb~edr~s ~cea?ed 4reby dne md ps~le f~th+ith ~wd m~y ~t it~ optiaa proceed xo foreclwe tbie rnert~a~. ~ T6~t t6~e Mortp~r ~vil! kesp ~ll rewl asd Pe?wa~f Pcaper~ aow or hereafte~ cecumbeoed b~ the lien of thi~ m~rt~~e iawred M ma~ be reqairea feom time to time b~ tbe 1ltartP~ee ~Pin~t ~ b~ 5re, ~?iad~tona ~nd otber lasards, awslt~a and e~ntinpeociea ~ far tueh peri~ ~ Eor uot las tL~n imaWr as ~ M e~e~red b~? _t6e llloctp~e,e and to W7 P~~RVI Frh~a~ d~e all prem~nm~ tor ~nch insnnoce. Tbe unonnts d' inwrana re~prirea bT tM 1lettp~ee ElWI be tbe ~iei~nao amoune~ fer wiuc6 t~i~i iurwnw~ee ~hrll - be written ~nd it ~6a11 be incambeat npoo tLt lt~tppr t~ auiae~iu sseL ~dditioed is~raoct a~ msr be oect~tar~ to meet aadcomp ~ , [alir with ~ll caiwwraece ~eqei~ cestaised ia p~iieies t~=the 4~ ~ d~e ~ud M~rt~isr u eot a eai~vw thar.mder. Yn~nrante sL~ be iwritt~ b~ a e~~syrani ~r e~a~i~pr+ K depp~ied tbe Mirtp~ee and all~polities rnd cesevnis t6ereot .Lwli be beld by ebe Moetp~ae. AU de:ailai de~i~pwrtiw~ Ir~ tb~ie Ui•rt;apr wLi~ are b~ tLe ll[~rt~a~e~e ~rid all ~~rrera~enu ~ betweea lliortp~or sod Yat~a~ee~ N a~a~e. rti?'eati~tin6 er hersdter asde,~i ~ iu r?rit" a~d isll be a yast .f ~his g raortp6e ~peemeat ~s fall~ ~s tb~a~ ~t Torth raL~ti~ he~+eiw ~nd ~11 ~ove~o `eth p~rtiei berea and~ wcoewon ~nd asi~s. - No liea upou u~ et reidpo lides of io~nraaee or ~poo ~ rdnod or retnrn prrmimm ~?kich nu~ bc p~ysbk or ~e r~eoelLt;on or terminatioa t}~ae~eof, ~U be pvaa to otbet tbra tbe l~Isrtpaee, cze~t br~pr+p~ ~ a~ad t~ sasL poiie~ ~d Rppesved by Mortp~ee. E~ch p~lic~? ~f iusnnooe shall haae ~A'ix~d t6ereto • Sun~da:d lYtw York M~rt~~ee Claa~e witboot C~tribatioo, makinX aIl loM or loMe~ ~odzr ~aeb p~lic~p~ yable to the Mert~a~ee r i1s iwters~ mn appe~r. In t6e trent ao~ ~om or ww ef money becomc pa7sbie tbereander ebe Mart;aRee ~hall hsve tbe optioa ts reer~re anaapp 1Y thc e~aie oo scconnt of tbe indebte~a~ ~ertby ~etnred, ' or to permit tht Mtrt~~ to reeeive ~nd uue it, or ra~ p~srt tbetevi, writ6oat theteb7 wairin6 ~r imptiriK u~ r.qsitp, ~r ri6ht m ' nader aad b~ ~ie~tws of thiu mortp~pe. In ereot of loa or pb7aical dama6e to d~e mort~~ed prop~ tbe ~[~6or tlull~e i~me- diate notice tbereet b~ mail to d~e Mortpsee and tbe 1~ertp6e~e o+ay mske proof of 1oM if the Mme i~ n~t m.de pranpd~ br ibe I ~ ~ + ~ ~o~x ~.~1' . 5~ _ 5 ~ f _ ~ _ ~