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Home My WebLink About0008 ~ PROVIDED, ALpAYS, that it the Mottaa6or ~Lall pay uato tbe Mort6asee the indebteduees evidenoed by a oertaia Pt~orniewr7 note OI Mb1CIi Vld IOAOM/lII6 111 M/0[~ ARd Cl~[CA 18 i tIl1C OOp~ t0-WI~: ~i/`r~'!°9~ /Y~~i • ' i 3~~0~• ~0 lbiami. Floridz ~~+r?~s 11. 19~ FOR ~'ALUE RECEIVE~ Y~~ ~ M~q~ll~ promise co pay co the order oE ABflIs? SA~HS ~ the principal sum o • DOLLARS, together with interat thereon Erom clate at the rate of ten percent.per annum until maturity. both prinapal and interest beingpa pable in lawful money? of the United Sutes at 203 Roper Building. Miami. Florida, or at such other place as the holders hertoE may designace in wricing. Principal and inceresc payable in iastallments as follows: n~?~T'Sir (i~•00) ~0~13~l~ r! aa1~? 1~iaa~i~ a~ i~ 1s~M ~IT y~ll~ 19f~~ ~at ~oa~ aa t1~ 1~1i~ iy as ~~N a~~i iwo~wt'~~ tii~31 ~ati !a l1~11. This note may be prepaid in whole or in part after one year irom the date hereof upon payment of a penalt~r . equivalent to two percent o[ the prin~ipal sum prepaid. Each installment payment shall be credited first on the interat due, and the remainder on princepal; and interat shall thereupon cease upon the prindpal so credited. The makers and endorsers of this note furtha agree to waive demand. notice of non-paymenc and protest, and in the event suit shall be brought for the tollection hereoE, or the sam~ has to be collected upon demand oE an attorney, co pay reasonable attorney's fees for making auch collation. Deferred payments harundet shall bear intaest at the nte of ten petcent. per annum from maturity until paid. This note is secured by a mortgage of rven date herewith and is w be rnnstrued and enfoned according to the laws oE che State of Florida; upon default ~n the payment of prindpal and/or interest when due, the whole sum of prindpal and interest remaining unpaid shall. at the option of the holdrn, bec~e immediately due and payabla ~ACg I,~E (SEAI.) SARAH LEE (SEAL) snd shall pedorm, comply with and abide by each and evrsy t6e stipnlatioa~y aareements, conditions and ~orenanb of said pmmiseory note aad of this dced, t6en this deed and the e~tate thereby created s6a11 ceaee and be nnB aad void. l. The Mort6agor bereby oovtaanL aad a6r~ees: . Te pq ap aad si~ulu tiie pri~eip~l and i~terat and ~tLer ~~f w~oe~ p~7~b1! b~ ci~toe ot Mid prw~i~wr= sote ~od tbis d«d, or eit6er. Promptl~ .o ~be d.~. r.~«~.d~ iLe ..me .e.~aU~ beeooe. doe. lb) To permiti e~mmit or wEu w..a~e ~d u maimaiu tLs impr~vesew ~t all tia~n iu • N~e d~d rep~ir a~i e~oditi~n; and to do or pcrmit to be doae u aid premiaa nothia tL~t wiII dter or eMa~e tlee re aed e6ar~e~er ~t ~ia N~P~1 K~~7 ~7 imp~ir or veaken t6e ~ceorit~ of t6i~ wrt6a~e. A~ is we eI tbe re~~id, aesiset ~r is~bilit~ d de l[~rtp~~r t~ repair a~d ~i~taia uid propuhr. ~be Mon~.aee .nr, n Lis .pa«~. m.ke ner np.ia •r n.~ iLe wne u be a~i .i.a.ee m.sa~. ia ~Lu bebdf. (e) To par all md ~in`alu tbe usa. aaewments, levia. liabilities. and ~blipti~es ~i~~ e~t~rt ~a Mid ie~aibdpnpe~t~ acL and e•err M6en dne .od pa~able .eeord:n6 eo la.., befere~ become delisqncat, aad ts pll~~I~Ef f~ tb! HO~ta~Ot M K bdere ~[arc6 1Sth of eaeh ~ear tu reeeipu e~ideaeiu6 tbe p~ymeat of dl law[nU~ iopwed taus tor t6e preoeaio~ t~3endsr ~r; t~ indemnii~ tLe Mortsasee apoa hu demand for all tues, ana~menu aed ~r~s tirt nuj be assased upoa tLi~ sertp~e w t6e i~dcbted~eM ~eeored hereb~, ~nd paid b~ t6e mortp6ce, withom reprd to ~n~ 1a~r 6artetore eaaeted or bercaRer be e~eted i'p~sis6 P~7~~ vr6ole or mr p~ct thereof upon the Mort~~ea . (d) To p~~ all ~nd ~inaolar tbe co~ts, ehar a aod e:pe~a. isdudias la~esr' tea ~ abtraet eab rasoe~bl~ iseorrea orP~ id ~t ~n~ time b~ the Mortpsee bceause of tLe ~iilare on ~he p.rt ef ~6e b•r~6.6or ~o ~«torm, eoo.plr .ri~L .ed ab;ie b~ ~.ad ~eq t6e stipulations, ~~eements, eondi~ioas and eoveau~b o( wid promiuor~ oote ~nd tLis deed, or eitLer, ~ e~er~ wt6 p~7meat /~Il bear iaterat irem date at t6e nte of ten per eentrau pa ~nnaes- le) It i~ fartber co~enanted aod aFeed b~ wdp~ ea tbat L tbe eve~ a snit beia6 iwtitnted t~ t~redMe t~is mortp~e, t6e Sort- ~sace ~6a11 be eatitled te apply at u~ time pead'w6 seeL t~redo~aee wit t~ t`e e~art ~vi~ juri~ieti~a eiereoi for tLe apei~oe~ . o( s reoei~er ot dl aod ~in6nlar tbe mort6~6~ Property, wd ~t ~il reat~. iocese~. ProSb. iw~ asd r~m~a tLe~e~f, [rom wiMNer waree derived; and tLerenpoa it i~ 6crcb~ ezprasl~ e~rewuted wd ~~eed tVt tbe Gwt ~6d1 f~rtbwi~ ~poi~t s~cb reoei~ wit6 the wnal powers aed datiu ot reeeiven in like eMa; ui ~ sypoiatma~t ~Il be mde b~ t6e eowt ~ a~ue~ ei ~triet ri6Lt t~ t6e lldort6asee, aad ~+it6oot rcfercace to the adeqaae~ ~r in~deqo~ep ot tbe vdne of t6e propaty h~eb~ mort6a~ed, ~r te t6e wl~eacy or inwlve~ of the Mortp6on or an~ et6cr p~rtr detwdut b sac6 sni4 T6e Mort~aor bereb~ apeeifiall~ Mrai~d t6e ri~t ts objcet te tLe ~ppoindncat of • teceiaer u atordaid asd Lercb~ e~prdslr e•n~enb tbat web ~ppointmeet ~hall be made ~s as admined eqtiit~ ~nd as • matur of absolnte ri6ht to t6e Mort~a~ee ~od ti~t t6e wne ms~ be dooe witlaat atiee t~ tbe D[~. (t) It foreelosen proeeedinss should be in~tituted apirt tLepr •ptrtr eovercd b~ this mortpse ~s u~ other Gea or c4io wLetLer ~lleaed to be superior or junior to the lien of tlw m~rt6a t6e Mortp6ee ms~ at 6u option imrstdi~tel~ apon io~titntien ~~oeL sait er dnrin6 tbe peodeneJ thereot declare tlw mortp~e ~ tbe indeMedne~s ~eeored Lercb~ doe md pqaWe f~rt6~vit6 wd m.~ ~t it~ optioa proceed to foreclo~e this mort6asa - (6) Tlwt tbe Mort~`or «ill keep ol red aod peneaal pr~ now oc Lercafter eeern?bered b~ tbe lien of this m~rtp~e insnred as w~ be required (rom time to titne b~ tbe ~i~rtpBee ~pia~t iws b~ fire, windsterra and wbe~ 6wrds, easoaltia aod eootioseecia (~r seeh periods and for not las tLao sac6 amo~mu as aa~ Le tqaired b~r _tbe Mart6a~ee aed to W7 P~amPV7 ~+6ea dse dl premiam~ t~r ~neh inwrance. 1be amonnu of iasnn~ r~ired b7 tbe Yeet6~6ee ~ii be tbe miaimae~ ~mounts f~r r+6ic6 pid iwuranee ~11 be ~rrinen and it s6d1 be inenmbmt apoo the ll~wtppr to m~ietain we~ ~dditiaad imor~oee as ms~ be naxwq t~ meet ~od ~ i (all~ ~rit6 all eaiannnee reqnirweau eooqined 'm ~ p~iietas l~ tbe eed th~t tbe nid M~rtppr is a~t a e~iwwor ~ Insaranee abalr be wriuw b~ ~ eompanp ~r c~o~p~nie~~ppe~ •ed or dai~ed b~ ~e Mer~peee and all~poliei~s and reoew~b t6ereof ~hall be beld b~ the Mortp~ee. All deailed dai~tiear b~ the Mortpsor w6ic6 are~o~pt ed b~ the ll~~rtp~ee ~od all •~eemeou betr?een Mort6asor ~nd ll[art~a~ee relatiss t~ i~wrroe, ~ow Qistio6 or haeatia made, ~6d1 be in writias asd ~hall be a put of 11w mort~se ~~ean.~t r fdl~ ~s tbon~h ~et tortL ~erb~tim ha~eie md ~hall so~n botL p~rties beret~ ~nd tbeir wec~won and assi6os. No lien npon et ~aidp~ lieiea of iosnranee or npen ~n7 refand or return premium ~?lrid~ ma~ be pa~abk os ~e eanoeWtion ar termin~tioo tbereof, ~11 be aivea te otLer tLao tbe Mortaa~ ese b~~ proper eAdorsemeat a6:ed to sneL polie~ aod approved b~ Mortpsee. Eae6 pelie~ o( ~O~ofaqtE i~ill ~IE ~zed t6ereto • rd New York Mort 6ee Clanse MIfb00~ CO~11U00~ 01iktOa dl loa or loaa nnder ~neh polie>pa >~ble to tLe Mortaasee n itw intere~t ma~ appea~. Ia ~ e~ent ao w~n or a~mr o( mooep beeome pa~~ble thereunder tbe MortpRee ~hall lwve tbe option ta reoeive ~od a 1~ t6e saroe on ~eeonm o~ ~ indebtednas bueb~ ~eearcd, • or to permit tbe M~rtp6~r to rctti~t wd we it, or aa~ part ibereo(, «?i m thereb~ Ma~~lD6 ~r unp~irin u7 eqait~, lieq ~r ri66t ~ noder snd b~ virtoe tLi~ mortpRe. In e~ent o( lor or phpieal dama6e to tLe mort~aed propert~ tbe ~ortp6ot ~Lall ~e iwaa ; diate nwiee tbereot b~ mail to t6e Mortp6ee and !Le Morip6et mar make prwf ot low if tbe wme is ~ot made proroptl7 b7 t6e ~o~ ~~9 . 5 , , . : F - _ - _ - . _ , :