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Home My WebLink About1875 ~ . '~i ~ PROVIDEI~ ALWAYS, tLat it the Mortaaaor ~luU pay unto the Mortga~ee the indebtedncee evidenced by a oertai?n ptnm~i~eor~ note ot wWch the foUowin6 in Mrord~ and Sgurea i~ ~ true eopy to-wit: /~'la?~O~ ~O~ pp l[aroh 18, 1,, 66 ~ ~ ~2~• Miami. Florid~ FOR VALUE RECEIVED i~~r~~ promisetopay + . ~ • ~ . _.on an . e ~ . ~.,o en s ~ e cu ~he order oE ' ~he principal sum o • OLLARS, together with intetest i ~}~ereon [rom dace at che rate of ten percent. per annum until maturity. both principal and interest being payable in ' laH•ful money of the United States at 203 Roper Building. Miuni, Fiorida, or at such other place as the holders hereof may ciesignate in writing. Principal and interest payable in installments as follows: tor~r (~40.00) D.u.:. y.r a~n~? 1. oa ~h• lsta ds~ ot l~y, 1966 a~d ooatitiniat a~u • 1 S day et ~sah ~d r~r~ son~h ~h~r~at'1~~r ~ti~ paid la !~1],. "I~his note may be ~~repai~l in ~vliole or in ~~art .ifter onc year Irum the date hereuf u~x~n p:~ynient ot a penalt~~ ryuivalent to ewo ~~ercent ut the principal su~n prepaid. • Each installment payment shall be credited first on the interest due, and the remainder on Nrincipal: and interest shall thereupon cease upon the prindpal so aedited. The makcrs and endorsers of this note further agree to waive demand, notice of non-paymenc and protest. and in che event suit shall be brought for the colltction hereof. or the same ~as to be collected upon demand of an attorney. co pay reasonable attorney's tees for making such collection. Deterred paymenu hereunder shall b~:ar interest at the nte of ten percent. per annum trom maturity until paid. This note is secured by a mortgage oE even date herewith and is to be construed and enforced according to the laws ~f che State of Florida; upon default in the payment of principal and/or interest when due, the whole sum oE principal ~ sL~d interest remaining unpaid shall. at the option of the holde~~eco T~ i~nedj,a~~Y On and payable. Q L 1) 1 (SEAL) I ~ Clarr~ M. Lilloa ~sE~.) ~ i _ ~ and shail pedorm, comply with and abide by each and evuy the stipulations, aEreemente, conditions and covenants of eaid promiesory note and of thia dced, then this deed and the estate thereby crested shall cease and be nnll and void. 1. The Mortaaaor 6ereby coveaanta and a6cees: j To pq dl aod sinsular tbe pri~eip~l and i~ete~t and ~ther amw ~t meoe7 pqable br ~irtue ot Mid promiswry uote and t6ia ! deed, or eit6er. P~Pa7 on t6e d~~s capeetirel~ the ~ao~e ~everrU~ becomer dae. ` (b) To permit, eommit or ader w wa~te aod t~ maiaaia t6e impr~vem~nb ~t di ti~w i~ ~~tate ~f ~ood ropair asa c~oditi~n; and ~ to do or permit to be done to ~aid premisa no~ tbat will alte~ er el~nia tLe we md ebaraeur ot ~aid propa~t~ er in ~n~ waY ~ imp~ir or weakm tbe ~eenrit~ a~ tLis mort6a~e. A in eue at tbe retaal, nesleet ~r in~bilit~ ~ 1be Mertp6•r t~ re~ir ~od nuintaia ~ wid propert~, t6e biortp6ee m7. at 1u~ ~ti~n. meke s~eb repin •r ea'se tLe s~me t~ be s~de, md adr~see mooe~s ~n tLst bcLatf. ; (e) To p~r dl md ~insnlar tLe t~a, a~sa~meats. leviea, liabiWiea, aad obliptios~ ~i ~a~r rtarc oo wid daeribed pr~pert7 eaeb ~ and e~er~r rrhen due aod pqable ~eeordins to la~r, be[ore tbe7 be~eome ddinqumt, and to Ael~ver to the Mortp~ee oa or betore ~dareh ~ 15th ot ae6 ~ear tu reeeipu evideaeins t6t p~7~nt o( dl la~r(nll~ ie~po~ed tues ~or the preeedin~ uknd~r ~nr; to indemnii~ tbe Mortµaee ap~n ~ demand for dl tua, a~asmenu and e6u~ t6~t ma~ be assased npon tLis monp.e ee tbe iadcbtedeee~ ~eearcd ~ hereby, and pud b~ il~e mor~6.6ee, ~i~honc eea.cd ~o m~ 1..+ beeeeofere enaetcd or 6ereaRu te be ea~eted ia~pMin6 P~7~~ ~ M6ole or an~ part t6ereof upon the Mortsssce. ld) To pq dl and siaanlar tbe ewts, ehar~s md espea~e~, indudina 4w~en' Iw ~nd ~bstract eow reawo~bl~ ineurred ~rpu d~t ~ m~ de~e b~ t6e Mortp6ee becaose of tlre (~ilnre on tLe part o( t6e Mortpdor t~ Perform. eonPlr with ~sd ~bide b~ e~eb ~nd every t6e stipulatiw~, ageemeob, eonditions aad eo~eoann of s~id promiuor~ note and this dced. or eitLer, aed e~eqr ~ueL pqmeat shdl beu inureK from date ~t the nte oi teo per eeotom pu aannm. (e) It i~ tnrthe~ eoseoanted and aEreed b~ s~idp~ rties t6~t in tLe event of a snit beins m~titated t~ ferecbse tltis mortp~e, tLe Mert- pace ~hall be eatitled to tppl~ at m~ time peadin` saeb f~reelwore nit to t6e e~ort Mvie` jori~dietieo ebereof tor tlre appiielmest ot a reui~ of all and ain~nlar tbe martP6~ ProP~7s ~nd e( all rcau. ioc~aea. proSt~. irue~ ~ad re+rea'a t6erat, [rom wb~t~oevu wurte derived; md t6ereupon it i~ Lereb~ espreMl~ e~~w~uted ~nd a~eed t~t tbe Csnrt ~6d1 lorth~ritb ~ppoist ~acL reeei~er aitL tbe asoai po~ren aad dotia ot reeeiven ia like e~a; ~sd aW appoiotme~ ~Il be m~de b~ t6e eenrt r~ m~tter d~triet ri~t to ~ the ~ortp6ee, and wit6oat re~ereoce to the adeqaae~ ~r inadeqa~cr of tLe vdoe of tLe propert7 ~ueb7 mortsased. or to tLe wlveacp or imolvene~ of the Mortsaaors or an~ otLer p~rt~ deteudaet ta web sni~ T6e Mortp6or beteb~ apeei5all~ vraivd tbe ri~hht to objeet to t6e ~ppointment ot a reeeiaer u doraaid ~ed benb~ a~pre~sir eonsents that mc6 appointment shall be made ss an ~dmitted eqait~ ~nd as a matur of abwlnte ri`ht to the Mortp~ee ~od tlqt tbe same m~~ be done without notice te t6e Mortq6or. (t) If foreclwan proceedinss s6onld be imtitated ~~ia~t tbe propertr eovered b7 thir mort6a6e ~poe lieo or elais~ ~+Lether ' alle~ed to be superior or jnaior to the lien of this mortp tbe Mortp6ee ma~ ~t Iw optioe immcdiatel~ npon iostitution e( we6 ~ ~nit or dnrins the peadeney tLercof deelue tLis mortp~e ~ tbe indeMedne~s ~ecored Lereb~ doe ~nd p~~able fsrth~ritL aod m~~ at iu eption proceed to foredose this mortpse. W' ~ (S) T6~t the Mortp~or ~+ill keep ol red and persowl properRf no~r or LercJter encumbered by t6e lim of thi~ m~rt6a6e iesnred ~ as m~~ be reqnired from time to time b~ tbe ~[ortp~ee adaiuM low b7 Sr~ windstorm and otber basa~d~, casaaltia and contin6eocia t~r soeh puiods md tor not lds t6~n ~ac6 amounts a m~~ be reqoired by tLe MortpBee aad to W7 Prompd~ vnben doe all preminm~ ~ tor ~neh inwnnce. T6e unonnu of iosnnnee reqaired b~ tLe llataa~ee eliall be tbe minimam mounu for ~+6ieh aid iosur~nee ~6a11 ~ be ~?ritteo and it ~all be inenmbeut npon t6e Mortppr to m~intain sarb additiood iwnranee u m~~ be nceeuar~ to meet and eomp i~ ~ (all~ ~?ith d1 e?inwn~ee ~qairemeau eontained Sn Mid p~lides u t6e ead tLat tbe ~aid A[ortp~or is aot a eo-insaror therennder. ~ Ioanranee iL~lr be r?rittea b~ • eompaay er eomp~oiaappre •ed or dai~eed b~ tbe MonpBee ~nd all~polieic~ ~nd ra~ew~L tLereof ~ ~ull be 6eld b~ the Mortptee. All deuiled dai~tioet b~ ebe Mortpaor ~r6icL ~re~ee~ ted b~ t6e Mort6asee ~nd all ~~eea~enu t betreea Mortp~or ~nd lto~tp~ee nLtins t~ iasarasee, aow esi~tins or hereaftu made, ~11 be in ~+ritin ~nd ~Lall be ~ part of tWr ~ mortpse a~emieat as fall~ as tLon`h ~et f~ ~ub~tim hetein ~d ~6d1 6orern both partid Lereto and 'r wecea~on and assigu. No lien ~pon ~ e( ~aidpo lieia of insaraoee or upon ~n~ refond or rcturo preminm ~rhieh ma~ be p~~able oe tLe uocell~tion or termination tbe~eof. s6aU be pveo to otLer tl~an tLe Mortp~ee, escept b~ proper eodoneme.nt a6'nced to mcL polie~ and approved b~ ~ Mortp~ee. F.~eh poliq ot inannnee ~Lall h~e al6zed tLerao • Standsrd I~Ie~~ York Mortp 6ee Cl~use rritboat Coutribntion. makioR ~ dl low or loae~ mder ~nel~ polie>pa >~ble to tbe Mortp~ee a~ its interat m~~ appear. In t6e eveat ao wm or anm~ o( moner beeome p~~nble thereander tbe MortpRee ahdl have t6e option to reseive and applr tLe same oe ~ecomt of ~ indebte~ Lereb~ ~ecnrcd, or to pennit tLe Mortp6or to recei~e ~nd ase it, or ae~ put t6ereof, withoat thereb~ wai~ir~6 or impairio6 ~~n~ eqait7r, lieo~ or ri~hht nnder and b~ irirtue o~ thi~ mortsase. In erent of lon or ph~sical dama6e to the mortsascd Propert7 the Mort6a6or ~hall ~ve imme- di~te notiee theseof b~ mail to the Mortp`ee and t6e Mortaaaee m~~ make proof of loss if tbe wne is oot made promptl~ b~ t6e goox~42 7~ ~x . . ~ ~ - ~ ~ y, r t '"`°~~".~f~~i~c "'i'b~,.a~:? ~ ~ ~~T ~''-f"...~.:: , ~ ,a