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HomeMy WebLinkAbout0986 . ; ~ t 1 ~ ~ ~ PRQVIDSQ AL~VAYS, tLat if tLe Mort~tor aLall pa~ anto tbe Mort~tasee tbe iadebl~ednee~ cridenoed bT i ; , ~ /Kd~ ~0~1 ~ ~ ~ s ~.~t~00 M~un;, Flo~id~ ~s~ai 4~ . . 19 ~ ; FOR VAL VED I promisetOpay~ : ` ~o the order o ~~~1' ~ che principal sum o DOLLARS. together with interat;~ _ ; chereon from date at the nte of ten percen~per annum until maturity. both principal and interat beingpa yable in~~ i lawEul money of the United Sutes at 203 Ropa Building. Miuni, Florida. or at such other place u the bolden ~iereof may ~ designate in writing. Principzl and interat payable in iastallmeats as followa: ' ~ir~ ~~30.,40~ D~ilas~ ~ a~ti~ ~ aa ~ 1Si~ ; ; d~ e~ li~s tlf~i. sa~ on h~ 1Sth dqT oi ~a~i ' aai n?~ ao~ttti tit~t paid S~? l1t11.4 ~ . i , , ' This note may be prepaid in ~vhole or in part a[ter one year [rom the date hereof upon payment of a penaltyr ! eyuivalent to two percent oI the principal sum ptepaid. ; ' Each installment payment shall be credited Eirst on the intenst due, and the nmainder on principal; and interat ~ shall thereupon cease upon the prindpal so uedited. ~ The makers and endorsers of this note further agree to waive dewand. notice of non-payment and protest. and ; in che event cuit shall be brought for the collection hereof. or the same has to be collected upon demand of an attornry. I co pay reasonable attornep's fees for making such collation. ~ Deferred paymenes hereunder ahaU bear interest ~t the nte of ten percenc. per annum from maturity until paid. , This note is secured by a mortgage of rven date haewith aad u to be conswed and enforced according to the laws of che State of Florida; upon default in the papment of prindpal and/or interest when due. the whole aum of prindpal ~ and interest remaining unpaid shall, at the option of the holders, becom~ immediately due and pa~rable. William Cassa ~5~~ I (SEAI.) ~ and ahall perform, comply witL aad abide by each and every tLe stipnlations, a6reementa, condition~ and oovenanL of aaid promiesory note aad of tbia deal, then thia deed ~ad the estate thereby created shall ceaee and be nnll and void. ' 1. The Mortsaaor hereby oovmaata aad a~: j T~ pa~ dl a~d sin~olar t5e~ asd i~terat a~d`StL~r r~o~ ~t e~we7 P~7~ b~ eir~oe ~f aid pr~miw~q note aod tLi~ ~ deed, ~r eitLv. *nspd~ ~a 1be ~~s _ew~eet~~et~ tL~ ame ~ardb 6eaoos dee. ~ (b) To persit, e+ooit ~r w[er N~rawe a~d u~i~tai~ tbs ~ te do er t to be done to ~aid ~oth~ ~^'E°~ ~t all ti~a u• ~ute ~t sNd rep~ir ui aodit~i~s; ~sd imp~r or ~ tLe ~etvit~ ~f tLis~art~ Aed ~we ~t tde ret ~Le re s~ eL~r~e~u ~f aia pnpe~t~ ~r in aq v?ay said ProP~7. tLe lt«tP~e,e sn7. ~t W~~s, fake NeL re~in K~e~tLe~w~s t~ be~iyde, ad ~~o~ae~~is tL~t be6~li. i ~ (e) Te p~~ dl aad un~aIar tbe wcu. rrewrean. le~ia. li~bilitiw. aad ~blipti~ ~ie~eq Mtve ~a ~ ~aeribeipr~p~ eaeL u a~d eru~ n6eu dre aod p~pable ~rdin t~ L~r, be~~re `eeNne ~nd ts ~Wivar t~ t6e lt~rtp~es N K bdere YueL 1Sth ~f e~eh ~ar ta:ree~pts evideaeiws ~ p~~neat oI all ull~ im • taus ~er d~e preoedias eakad~r yar; t~ iedem~if~ tbe ~~+e Mortfa6ee n~a hi~ dem~ad tor ali tues, wa~menb asd e~rp t6~t ma~ be aWwed op~a tiis a~et~ye ~n t6e iadebteiew ~ecund : ~7. Pud ~~~6~6a, ~+itlwat ecprd to u~ Iw beret~f~re enaeted ~r bue~fter t~ be ea~eted i~pNi~i P~7~ ! ~rhole ~r as~ put apon the Mortpyea i (d) T~ pq dl aud wsal~r t6e ewta, ~ aal espere~. i~dn~br?Zen• tea ui aMtr~et e~s reaNO~W~ iacorred Wp~ d ~t a~7 tise b~ tbe liktp~ee beuo~e o[ tbe ul~n ew tbe part ~t tbe ~etPN< P~~. witti ~ ~bide b~ e~eb ~nd t~E ~OII{~ COOdIt~OtM lOa tOYlYeb ~ NId ~INO~ MtE ~ t~ JlOd~ K E~tLa~ e~ Et'!f~ ~YtL ~rOtat~ N t bear Lterat ~r~m d~te at nte o~ tee pee oeoton per a~. , le) L i~ f~rtLu ereauted aod .~raed b~ nid tL~t ia tLs ~veat ~t ~ snlt urtitotea a f~reei«e tki~ mortp~e, ~be Hort. ~ u ti e p~ee ~bdl be aetided t~ ap~l~ u u~ ti~e p~pwe6 t~red~~s wit u ttie ~ j~eirdied~ e~ee~a~f Gr t~eq~ dalreat ~t a eeoeiver ~t dl asd sioplu tLe mutPi~ P~P~7. aod ~t dl ~eau. i~e~. ~r~itti iN~a a~d ~ttieiwi,~tier~w~~ ..aroe deri.ed: aed t~ereapon ic i. Lereb~ ~~.d ap~eed tVt t6e Cw~ort .b.ll f~ c6e w~l t.weea sod ~Cia of reeai.us L~= ui NN ~p~e~t idl bs mie lr~ tLe oe~rt r a~teer d~riet d~6t a t6e M~rep~ee, ~od r?it6~at refereoce u tl~e adeqaep ~r fo~deqo~e~r oI t6e valne o[ t6e P~~7 ~7 me~eP~d+ ~r t~ tLe wlnae~ ~r iwl~eoe~ ~f t6e 11[ortp~on oc ~a~ stber paet~ idead~t M web seit. T6e ~1utPi~ ~7 ~~b rai~a t6e ri~6t te ve ~ .bjeet tLe p~.iat~cat .t . ceeeiv~r .s dorwia a.d ~ereb~ ~pr~eMlr c~e~e~ eWt we6app~i,xme~ .L.11 be m.de a. as .imined ~ eqnit7 ua r r a~aer oI ~bwlote ri~t t~ t5e M~etp~ss ~ tL~t tbe woe mq be dose ~vit~wt MtFee ts tbe Yatppr. (f ) U tor«le~ore pneeediap ~6onld be ia~timted a~aia~t tLs~r~pe r e~reced bT t~i~ m~et~e~s M7 stber lien ~r eLie wLetber alle~ed t• be sapeci~r or jonior to the lien ~f tl~ aNrtp~s,~ t6e 1[~irtP~ee ~7 n 6~i ~pnon i~me~d7 upoo in~thoti~w d ~aeL ~ sdt or duria= tbe pesdeae~ t6ereo~ deelae~e tLi~ sortp~s a~d tLe indeb~edseN ~eeved Le~eb~ doe a~d pqabk f~etti.+it6 a~d wq ~t ib ~pti~a peeeetd to tot~clwe tbis mortp~e. ~ (i) 1~t t6e 1[~rtppr ..ill keep all ral asd pers~l pr~peetf w.. ~r 6eraftu ae~mbered b~ t6e IKa et this m~rtp~e iesared ` ~ as nu~ be reqaircd irom time to time b~ tLe liatp~se aWa~t 1~ b7 fiew ~rind~brs ~nd otbu ba:ards, a~naltia ~nd e~otin~eaci~ i ~ t~r we~ pai~~ri t~r oot kw tW we6 a=ww as a~ ~s eeq~ired bZr __tLe M~rtpi~ u W7 P~o~b ~rbea doe dl p~miam~ (K me6 i 17~e mOnnts of inwnaee req~irsa L7 tM Yertia6ee ~ll be tbe misim~ ~msww ~~r ~r6ie6 aid insor~see ~6a11 be ~rriuen ~sd it ~11 ba i~eombeat ~pw tLs I[~tppr t~ a~iM~i~ s~ ~dditiwl inwraoee a~ ma~ be neoeMaq to oeet ~~eom~pi~ foll~ ~+ith all oo;rur~oe teq~ireeeau oo~ta3~ei is MW riide~ ts tbe ead t6~t t6e Mid ll[ort~apr iu Nt ~ eaiawtsr de~. Ioauasoe ab.lt~be writee. b~ • eompan~ K e~yuia~ K aEif~~tl~d b~ cbe a[~rcp~ee ~ad allpo lide~ nd r~oa+.d ~bcreot s6~11 be Ldd by eba 1[~etp~ee. All det~ilea desi «r~ 1[•rtp~or ..tie6 ~e~e~~~ b~ t6e l~[inp~ee ~sd aU .gem~ , betwee~ 1i~rtpior ei Y ~ t~ Lwrrea~ a~w ~istin6 K I~ee~edter m~d~ ~11 ee i~ «rritin~ iod iid ~e ~ pat ot tLir mortp~e ap+eema~t r toi~~ ~et ~h ~~is ae~ ~MII n~ea bot6 partia ber~et~ and tbeir weea~on ~od aNiaes. No lieo apo~ a' ~f u~idp. lteia lnwr~eee Ko~ ah rdmd or ranrn p~emimo w6ie6m.7 be~ P~7sbk e~ ~e nsoelbtioa or t«mi..cios tLeny/, .6~U ba p.eo u~ t~. tie ~[atp~ee, ae~t br~pr~r endon~mest .~ed e• s~L pelie~ ..d •ppn.ed b~ Mo~P~ ~ l~~7 ~ insarmee s~ll Lau dp~ed tLereb a Standud l~iew Yerk M~rtp~ee Cl~we witLo~l Co~trib~tios, makins dl loN or leMer ~sda ~aeL p~lie~~~~e a tLe l[~rtp~es a~ ~q jaterat ma~ appe~r. b tLe e~ot ao ~oo or wmr ~t mosey beeooe P~7ib1e tLuenader tLa 1[~rt6~see ~ba~l ~.e tbe ~pbien t~ ieoei~e ~nd~p~y t6e ame eo aeeoost ef ~ indebtedeas 6e~7 ~eeued. or to pumh t6a Y~pr u reoeiv~e wd a~e it, K aup p~rt tiareot, witLO~ tbereb~ wai~in~ ~r imp~irias u7 eq~i~7+ K ~6b u ander md b~ drtos ~t tLi~ mortp~e. In e~eat ot ler ~r pl~sieal danu~e ta t6e awrt6~~ P~P~7 tLe ~[~rtp~or s6al~re ia~me diate notiee t6~e~ b~ wil te t6e b~rtp~ee aad tbe Y~rti~~ee a7 make pwof et Iw J tLe ~~me is Nt eade PnmW17 b7 tbe ~ . , ~ ~ K240 _ ~83 ~~:d;~, ~ ~ ~ _ . . - ' ~ ~