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PROVIUEll, ALWAYS, th~t i[ thr, Mottgagor ehall pay unto the Mortgagee the indebtedneee evidenced by a
certain prorniaeory note of which ihe f~llowing in words and figurea ia a true copy to-wit:
~d~
j 2~~~~~ Miami, Florida s~ Ig i~
FOR VAI~~IL~C.Ei~i/~ 7-`- ,~-~L_~ proinisetopay
to the order ot - -
the principal sum of _ , _'_DOLLARS, togeth~r with interest
~ chereon Erom date at che rate of ten percent. per annum uncil maturity, both principal and sntrrest being payable in
~ law•ful money of the United States at 203 Roper Building, Miuni, Florida, ~r at such other place as the holders hereof~i' ay
designate in wricing. Principal and inceresc payable in irtstallments as follows:
tsttpr (~5~•~} ~11iss ~r .o.t~ ~e~3s¦~sat oa f~ 13~s
( iy? o~f J+wro~s~r~ 19~ii~ aii eos?li~i~i aa '1ir ls1~b dq7 ot
I ~sai aai r~aqr ~aa~i ~ rstil ys;.f i~ t~ll.
'i'his nc~te ?ncry f,e ~>re~,aicl in ~.~hole ur in ~~art afcer cmr }•e:u tron~ tiic ~iate hrreof u~,on ~,ayn?ent of a E}enalty
eyuiv.ilent to tk•o E~ercrnt ut the Eyrincipal sum ~~repaid.
Each inseallmene payment shall be credited first on the interesc due, and the rema;nder on ~rincipal; and interest
shall thereupon cease upon the prinripal so credited.
The makers and endorsers of this note furthtr agret to waive dernand, notice of non•payment and protest, and
I in che event ~uit snalt be brought for the collection hereof, or the same has to be collected upon demand oE an attorney,
~ to pay reasonable attorney's fees for making such collection.
~ Deferred paynients hereunder shall bPar interest at the ratt of ten percent. per annum from maturity until paid.
This note is secured hy a mortgage of even date herewith and is to be conscrued and enforced according to the laws
of che State of Florida; upon default in the payment of principal and/or interest when due, the whole sum of principal
ancl incerest r~emaining unpaid shall, at the option of the holders, become immediately due and payabie,
i~Iabel I•i. Hutchison ~SEwi.)
~s~~.~
and ahall perform, comply with and abide by each and eve.ry the etipuiatione, a~aeementa, coaditione and covenstnte of
said promiesor~~ note and of this dr.ed, then thie deed and the eetate ihereby ereated ehall ceaee and be null and void.
1. The Mortgagor hereby covenante and agrees:
(a) To pay ~1! and ~insular tlie priaeip~l ~nd interut and othe ~am• o( mone7 payable by rirtue af esid pro~ieeory note and ihie
deed, or either, promptly on the days respectively tbe samt ~tvtnlly bteoruea due.
(b) To pernsit, commit or auffe~ no w~a~te and to mAiatain tbe unpravemtois ~t all time~ ia a stste of 6oad repair wd condition; and
tu do or permit to tx dune to said prrmises nothioa tbat will dter or eh~a6e the we and ~Fuf-aMer of wid propcrt~ or in ao~ way
impair ur weslcea the seeurity of thie mort~a6e. And in u~t oF t6e refus~l, ne6lett or inabilit~ ~f t~e Mort~6or to repsir rnd maintaio
aaid property, the Mortra6ee tonay, ~t 6is option, mrke ~och rep~i~e or uuse the sa~ne to bt madq and ad~ance mone~~ ia th~t behali.
(c) To pay sll *nd sinEular the t~xer, ~esessmente, levies, ]irbilitiea. and obliptione of everr natare on wid dacribed property qeh
end every when due rnd payable accordin~ to law, befare they 6tconie delinqueat, ~nd to .deliver to the Mort;a~ee o0 or before March
l~th of each ycar ua rtceipte evidencing t6e payment ot all 4evfu117 impo~ed iazea for the prt.e.edin6 ealeadar yqr; to indemaify the
'.ltortgaRee upon hi~ dem~nd for all taxea, r~eeamente anel ch~r6ee ehat mry be aeea~ed upon tlsis mortp6e on the indebtednt~e eecurtd
hereby, and paid br tht mnrtFaKee, without reEsrd to aoy I~w heretofore enaeted or hertr(trr to be eoacted impwin~6 pa~tnent of the
whole or any part thcreof upon thc MortFagre.
(d) To par •Il rnd ~in~ular the cc.ete, ehar~ee +~nd eapen~es, indudinX lawyers' (ees and rb~tract twts reaeopablp incurred or p~id ¦t
¦ny time }~y the Mort6r~ee becaus~ of the failure on the part of the F1ort~Eor to periorm, coiuply with utid abide by taeh and every
the ~tipulations, sEreements, cenditionc and co~cnanu oi taid promissory n~te and thie detd, or eit6er, ~nd every eueh payiuent e}ull
bear interest from date at the rate of t~n per centum per anoum.
(e) It ia fnrther covcnantrd and oRreed by eaid Pertiee thst in th~ event of a snit bein6 4nstituted to forecloet this mort6e6t, the Mort-
~asee ahall br entided to ~pply at ~ny tirne penrliu~ rnch forcclo~ure sait to tbe court 6avip~ juri~dietian iebereoi f4r t6e sp~w ~ntment
of a recr,iver of •ll and ein~ular the ?nonaa6ed property, ~nd of ~11 rent~, iocaaes, proSts, ik~es and revenua tl~treai, f.com Mbrttoever
source derivrd; rnd thereupon it ie hcreby exprcealr eovenaoted aod ageed th~t the Coutt dtrll (ertbwit~ oppoumt soth receiver with
the usu~l powere and dutie~ of rer~ivers in ii~Ce ca~ew; ~od ~aid ~ppoiatment r6rll be made b~ t6e tourt a• matter of strict ri~tt to
the Mort~agee, ~nd without referer.ce to the adequacy or inadsqnaey of tbe value of the property hercby mortaased, or to d~e eolvency
or insolvr,ncy of the MnttgaKors or aay other pirty defendeat to eu~h ~uit. The Mort6aRor bereby specifiea~liy waivee tht riaht to
objer.t to the appointment o[ a rec~i~•~r ue aforeeaid ~nd herebr tspreesly conaents tbat such appointment ehall be mad' as an adrnitted
equi[7 ~nd as o m~tter nf ahsolute ri~l tv the Mort~aKtt end t}~t th~ eame ma~ be done withOUt notiet to the Mort6a~or.
(f ) If foreclosure proc~edin~s ahould be instituted ~~iuwt the property coversd by thie mortgaae npon any other Iita or cl~im whethcr
alle~ed to he superior or junior to the lien of thie mort~a~e, the ~13ortRSgee may at hiR option immedittely npon inetitution of tuc6
auit or durinF th~ pendency therevf declare thie mort6aae and tbe ind~bt~dness ~ecured herebr due and pa7able forthwitb arod may •t
ita option pro~ccd to (orei•loae thie wortFRRe.
(~y) Thrt thr ,'Nortgnsor will L•eep all re~l ~nd ptracaal p~aperty naw or her~~her encumtrered by the lien of thie murt~r,aEe ineured
as n~ay be rcy~iirecl feom tin~e to ti~ne by the Mortaa6ee a6airut loe~ bp 6re, rvindaiorm and other hssarda~ caeualtits aad contioKeotite
for eueh perioda ~nd tur not le~ than such ~mounts u may be ecqnered by the Mort~a6ee and to pay prompdy when dae all premiume
for ~u~h ineu~atiae. T'he amounta of insuranc~ reqaired b~ tbe Mortga6ee Rha]I be the miaimu?n ~nounte for whieh eaid ineunnce ehall
be writt~n ~nd ~c e5~11 bc incumbent upon tho Mort~a6or ta maini~in sneh rdditinn~l inaunnce as msy be ncceseary to meet ~nd comply
fully with all co-ins~uwnce reqairementa cont~ined in said peliaas ta the end t6at the wid ;I~Ion~s6or is not s taenenror tberennder.
In~urance ~hslt br written by a eompany or eompeniu appruved ur de~isnated br the Mort6a6te and sll policia ~nd renewale thereoE
ehall be held by the Mort~aRet. All detailed deai6aations b~ the More~n6or which are accepted by the Mort6a~ce and all a6reemenee
bctwcen Mort~c~gor and Monasaee rcl~ting to inrnrance, now eaciuinb or hereatter made, s6at! be in writin6 •ad shsll bt a part af thia
mort6Agc ¦greement ~s fully u~ thouRh ~et forth verbrtim herein ~nd ehall 6orern both p~rtiea he~eto and their snece~wrt and aesiFna.
tio lien upon an~ of eaid policier of ineuranee or upon any re(nnd or return premium which may be payable oo tht canctllation or
terrnination therccf, ehell be ~iven to other than tLt MottXugee, except by~ proper endoretment affixed to euch polic7 and ~pproved b7
Jiortga6Ce. F,ach poiicy af ineuranre eh~ll hs~ce sffixed thereto ~~t~ndard New York Mort6aEee Clauec wil6ont Contribution, makin~
¦11 fu~e or loseee under euch policy payable to the Mort~agee ia ite entercst may appesr. In the event an7 sam or snme of money becomc
payable th~reunder the MortgaRee ehall have tht option to receive and rpplr the eame on a~eount o( the indebttdntse herebr secured,
or to p~rmit ~he 61ort~aRor to receiv~ and use it, or any part ther~nf, without thereby waisinR or impasrin~ an~ eqflity. liea; or ri~t
un~3cr and by virtue o( this mortRaR~. In ~v~nt of laee or p6yeiral den~aFe to the mortRaRed propatty tht Mort~a6or thall R~vt immt-
diate notice thcrcof br mail to thr Mort~aRee and the NortRnRre mey ms~Ce proof of loee if the same ie not m~de promptlq b7 tbe
h;
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