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Home My WebLink About2171 t t . • i PROVIDSD; ALpAYS, that if tLe Mortaaaor dtali pay unto the Mortgagee the indehtedaeee evidenced by a oertain promiMOr~ note ot which the followin= ia ~rords and fieure~ in a truP r,?~..? t.?...~:r - /~'laNfgO~t /YO~ S 1 ~,!'t~•dQ Miami. Florida ~Z''4~ 19 ~ FOR VALUE ~CEIY~pLl promise to pay ~ . cu the order of ~ ~he principal sum of LL.ARS. together with interest ~hereon from date at the rate of ten ptrcent. per annum until maturity. both ptincipal and interest being payable in . lawtul money of the United States at ~03 Roper Building. Miami, Florida. or at such other place as the holden hereoE may clesignate in wrieing. Principal and interest payable in installme~ts as Eollows: i ~-ri~~ tlSS•00~ DOllaar~ N~t1Zl OII th~ 1S1J1 a~yr o~ t 9i~, .r~ .oa~ita~ .n t~ 1 1a ayr ot ..o~ .at ~ ~ot ~h ~iil ~ia ia itill. "1'his nuce may I,e prepaid in ~chole or in part after one year Irom the date hereof u~~n pa~~ment ot a ~~enalty eyuivalent to two ~,ercent ut the principal sum prepaid. Each installment payment shall be credited first on the interest due, and the remainder on principal; and intetest i shall thereupon cease upon the principal so credited. The makers and endorsers of this note further agree to waive demand. notice of non-paymenc and protest. and in che event cuit shall be brought [or the collection hereof, or the same has to be collected upon demand of an attorney. ! co pay reasonable actorney's [ees for making such collation. De(ened payments hereunder shall bear interest at the nte of ten percent. per annum from maturity until paid. ~ This note is secured by a mortgage of even date herewith and is to be construed and enforced according to the laws i oE che State of Florida; upon default in the payment of principal and/or interest when due. che whote sum of principal ~ ~ ancl incerest remaining unpaid shall, at the opuon of the holders. become immediately due and payable. ; i! :i t~. 'S . 3?' J:ti Zl ~$E~..~ 1 ~ '''C:?iL1~. :~i. "_"O:JTl ($EAL~ ~ and shall perform, comply with_and abide'by e,ach aad ey~y the stipnlatioge, aateemeqte, conditions and covenauL of eaid pmmissory note and of t~is~ deed, then thi~ deed atd the estate thereby croattd aLall ce~se and be nall and void. 1. The Mortgaaor hereby ooveoants uad.sa~ee~: . , - i (a) Te pq all ~sd siepLr ~6ep~ua~a1 a~d 't~erpt md ~ther soiw d wose~ p~~ble b~ ~ir~ne ot aid promiswr~ note aad tLia ~ deed, ~r eitLer, P~PVI on tbe d~r _rnpatirelp the Mme ~evmll~ beeoma due. . € (b) To permiy e~mmit or w~v w~~va~te aad to maiataii'.tLe impr~v~ at all ti~ ia ~ s~te af 6ood repair u~ t~nditi~o; and f to do or pcrm~t to be doae ti ~d preai~eieot~i~ t6~t will ahe~ K e6~e t1~ n~e ~ad ~arseter o( wid propat~ ~e in an~ Mar ~ impair or ~rakm t6e seearitY ~f tLis a~rt~~e.. An~ i~ ws ~f e6e re(wl. aealest er i~biiiq ~t tLe M~rtppr t~ reqir aod mai~taia ~ ~d P*oP~7. t6e Mort~a~ee *w7. ~t Li~ ~ption~ m~ke wcL npan er ua~e~tbe same te bs oNd~, aud sd~aaoe mee~ in tb~t bel~li. (e) Te p~~ all aod ~inpilar t6e wces, ~e+its,'le~ia, 1Lbi~tia, and obliptioo~;oie.e~ at~n on Mid dauibeapr~pe~t~ ~aeL and e~er~ ~rLea dne ~nd Pqable aeeRdie~ t~ laM, betoret~r ~b~eeme delmqre+if, ~dd t~ ~dcll~rer the Mortp~ee os or bdsro 1Nare6 ~ 15tL ot e~eh ~eu us reeeipts spidencini ~ W7~~ o~ alk 4w(nll~ impwed t~a for tbe preoedins eakudar ~ar; to indemnif~ t6e Mortpsee np~n hi~ demand for all tues, ar~aanenb aed ~r~ th~t mar be ~ssd.+ed apon t6ia ~oetp~e ~e tbe iadcbtedsas ~eeored ~ Le~eb~, iRd ~a b7 IbE WO~l~6lt~ Mj~~fOtlt tE`ifd l0 ~D~ I~M L!fllO~O~C eaaeted or hereaiter te be enaeted ia~posias pqmem o( tbe Mr6ole er any p~ri t6ere~! upon the Mert6asee. ~ (d) To pq all ~nd sin6nlar t6e cwts, e~r~s aod espea~e~. iadudina la~en• tces aod abstna eow reasonabl~ ineorre~ ~rpu d~t an7 time b~ t6e ~[ortp~ee beawe ot tbe (ulnre oa tLe put d tbe Mortpsor to perform, eomplr with ~nd abide b~ be6 ~nd erery ~ tLe ~tipnlatiour, asreemeats, eonditioas aad tovenanq of ~aid promissoq note aod thia.deed, K eit6eq and e~eqr we~ pqmest ~Ldl bw inteca~t fnm d~te at the rate ot tee per eaKum per am~. _ ' (e) It i~ fnrtber eweoanted and ~~eed b~ ~ud a t6rt b tbe eveat ~f a snit beies imtitaud t~ ter«lwe tLi~ mortp~e, tbe Ywt• psee ~hall be eatided to ~PP~7 at aa~ time in weh t~re~l~wre sait to tbe e~urt 6~~rin` jnri~dietien ebe~+e~t for the w ~f a reoeirec ot all aod siu`ala~ tLe mortPi~ P~~t7. aod ~t all reat~. ioeaa~. Pro6b. iKne~ aad reveaoa t6ere~t, trom w Ne~er ~onrte deeived; wd tLereapon it i~ Lereb7 e:prad7 e~~ed aad a~reed tht tbe Cwnrt ~6~l1 t~rtb~?it6 ~ppoiot axb reoei~ «rith ~ tLe ponen aad dntia ot receivus in like e~; ~si s~W appoietme~t sbdl be made b~ tbe cenet as ~ maaer oi ~triet d66t to ~ tbe Mortpsee, wd ~rit6ont relereuce to elu ~deqnaeT •r iaadeqwe~ of i6e valne ot ~be properc~ berebr morrsa~cd, or ~o tLe wl•enc~ ~ er imolvene~ ot tLe Mortpson or an~ etLer p~rt~ aefeadaet N sne6 suit T6e Mertp6or bueb~ apeci6aU~ waives tbe ri~ht to ~ object te tbe ~ppoiatment ot a rceei~er a~ doresaid ~ed 6eceb~ acpreal~ eomeots tDat ~aeb ~ppointmcet ~ball be m~de as aa admitted ~ eqoit~ aad a~ a m~uu of ~Molute risbt to i6e Mertp~ee ~d tiot tLe same ma~ be dooe ~vitlrout notice to ibe Mortp~or. ~ U Eoreelosnre prseeedinfs shonld be iaatituted ~pirt t6epnpe My eovered b~ t6i~ mat6a`e opoa m~ ot6u Iie~ or cW~a wbetber ~ aUesed to be supuior or jnnior to the lien ef t1w m~rtp t6e Mortp6ee mar ~t 6i~ option immedi~tel~ apoo iastitntion ~f weL sait or darins the pendeoer t6ereof d«lare t6is mortp~e ~ tbe iedebtedeew ~ecured Lerob~ doe ~ad pqable t~rtbwitb aed mq at ib optioo proeeed to foreclwe tbi~ mort6ase. ~ T6~t tLe Mortppr will keep all nd aad pus~ed pr~para no~+ or hercatur eaeumbcrcd b~ t6e lien of t}u~ m~rt6a~e inwred N uu~ be re nired trom time to time b tbe M l.n b~ 6r~ ..inds~or~o .nd other lusar q 7 ~isi~ ~P~ ds, aaualtia and e~ntioseaeie~ ~ f~r we6 ~?eriods u~ t~r ~ot laa t6sa ~ach am~su a~ bs ~eqoired b7r tLe A[ortp6ee and to W7 Promptl~ wLea due dl Premiom~ f~r ~neh inwnnea 1tie amonnu ot idnnaoe teq~ired b~ tb~ 1[ortp~ee sball bt tbe minimam ~mouau for ~rlueh aid inwnnee sh~ll ~ be nrittea ~nd h sbdl be iseambeat upo~ tbe ]~o~tp`or t~ ai~uin sod ~dditioad insaranee o ma~ be necewap to meet aod e~np~l~ x fall~ wnth dl e?io~a~oe reqaire~eatr oNtaioed.L Nid riieies U tbe md ~hat t6e ~aid Mortp`or iu not • eo-inwror tLere~~der. Imuraoee sh~lt6e w~ritte~ b~ • eompao~ ~r e.om~nia~ppr~~ed or dai~~ed b~ tbe Mortpsee ~ad all~polieia and emewals tbereof ~Mll be held b~ d~e Moctpsee. All dwiled deu~atiees b~ tLe 11[ortp~r ~?hic6 are ed b~ the Mort;a6ce aod all a6reweat~ ~M aecept ~ bet~reen Mertpior wa 1[ortp~ee reLtins t~ insaraeee, ~ eaLtin6 or lx~eJter made. a~a!l~be in ~?ritin ~od a6~U be ~ put of tLir ~ mortp~e aReemeat as fa11J ~ tLonsh ~et terth ~ub~tim buein and ~hdl 6overe botb partia 6ereto and ~r ~neewon and aripr. ` ~ No lien npoa aa~ d~aidpo I~aa of insnraoee or npon an~ rdnnd or returo premium whieh m,~ be P.~able o~ ~e unoellatioo ~r tumination tLueot. ~11 be sivea to otber th~n tLe Mortp~y e=eep b~~ p~oper endontment aA''nced to saeb polit~ asd ~pprored b~ ~ Mortp~ea Eaeb p~lier ~f insanaee sLall h~e aiaed tLereto • Staodud l~iew York Mort~a6ee Clawe MritboM Contribntioq makio6 , r` dl loM or lo~sa mder ~a~ polie~pa~~n~ble to the Nort~see a~ ib interat may appeu. In the eveot an wm or sauu ot mooep beeome ~ parable tberenader tbe ~IortpRee a6a11 6a~e tLe eption t~ raei~e aod a 1~ ~he wme on ~econnt o( ~ indebtedna~ bereb~ ~eeared, pp ~ or to permit the M~rtp6~r to reeei~e wd a~e it, or w~ p~rt t6ueof, aitLoot t6ereb~ Mraivin6 or impai n'a~ eqairyr. lie ~r ri6bt ~ ander wd b~ ~ictae e( t~ mortp6e. In event of lor •r p~~sical dwa6e to the mortp6ed Propert7 tbe Mortp6or ~dl ~ve imma diate aotiee iLere~t b~ mait to tbe Mort~see aad t6e Mort6aEee mar make proof of loss if tbe wne is not made promptl~ 6~ t6e . ~ ~ ~ ~ BooK 142 _ ~65 ~ ~ ~ - ~ : - ~ ~ ~~._~'_~<<._,_~'~~: e_~ - ~ ~