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Home My WebLink About0765 PROVIDB,Dy AL~AYS. that if tLe Mortaaaor ~6a11 pay unto the Mortgaaee the indebtedneee evidenccd by a certain pro~ai~eor~ note ot ~rhic6 the followin6 in Mrords nnd figurea i. a true a~py tawit: /~'~a~90~ ~O~ ; ~~Z~•~ Miami, Florid~_ ~~'h ~ef FOR VAL~atRF~~~~._~ i1t ~~!lt~1 promise co pay ~ , 1 io the order ot ~he pri~cipal sum ~LYL T~~13`.311D~, ~O ~~~~~s DOL.LARS. together with intetat ~ ~hereon from date at the rate of ten percent. per annum until maturity, both principal and interest being payable in j + lawful money of the United Stata at ~03 Roper Building. Miami, Florida. or at such other place as the holders hereof may designate in writing. Principal and interest payable in installments as follows: • oa~~tifi~a~~ ~~t~~ i! ~ ~ ~ S9 ) woa~tth, 1~~i~1~g e~a t~ 1 St,h d ~~it 1ta~. 19K, ~ oautixwi~g until the 15th d:~T o3 Ap~il~ 19~'rt, Rt td~iah ti~t tb+~ Dal~aoo s~l.l b4oor+e dwt ~.a~ pc~abl~. "This ~ote may be pre~,aicl in ~rhole or in part a[ter one year trom the date hereo( u~~on pay~uent oi a penalty ryui~~alent to two perce~~t ol the principal sum prep:+id. Each installment payment shall be credited first on the interat due, and the remainder on principal; and interest ; shall thereupon cease upon the principal so ctedited. 1'he maken and endorsers oE this note further agree to waive demand. notice of non-payment and protest. and in ehe event cuie shall be brought for the collection hereof. or the same has to be collected upon demand of an attorney. co pay reasonable attomey's tees for making such collection. Deterred payments hereunder shall bsar interest at the tate of ten percent. per annum from maturity until paid. This note is secured by a mortgage oE even daie herewith and is to be construed and enEorced according to the laws ~ oE che Scace oE Florida; upon deEault in the payment of principal and/or interest when due. the whole sum of principal ! ~,nci incerest remaining unpaid shali. at the option of the holders, become immediately due and payable. ~ ; -'~a :la~nt (SEAL) I-'__ mie ~hent (SEAL) and ahall per[orm, comply with and abide by each and evdry the stipulations, a~eemente, conditions and oovenants of aaid pmmissory note and of this deed, then this deed and d?e eqate thereby created ahall ceaee and be nnll and void. 1. The Mortsagor hereby oov~nant~ aad ag~e~~: To pq ~11 aad sinsnlar tbe priseipd md internt and ~tLer smu et meoe7 p~7abl~ b~ ~irtoe o( wid promiswq note aad t6u I deed. or eitLer. Prumptl7 w ~be d.~. re.peen•d~ ~Le ..me .e.er.ly beeome. dae. ~ (b) To permiy eommit or wEer no wute and to mainain tbe impr~vcmcnq at all timu ie • state oi ~ood repair asd e~ndition; and to do or pcrmit ta be doee te wd pr~emiia ~ t1~t Nill aher ~r el~n~e tbe a~e ~nd e~r~eter of ~aid pcopert~ or in w~ ~+ay ~ impair or rrakeo tbe aee~rit~ ~ tlw m~rtp~e. M ia ws of d~e rdwl, sesleet ~r in~Liliq ~i t4 1[ertpa~r t~ r~ir and mai~uie wid ProP~7. tLe ~ortP~ee w7. ~t bi~ ~ptioa, make weh repin or anse tLe ~ame t~ be made, a~d sdranoe mene~s in tL~t beLali. (e) Te p~r all and sin4alar t6e tues, a~mews~ levin, liabilities, and obliptionr ~f eve~ mtare eu said de~cribed pr~pertr acb and e~cry wLen dne aod pa~able He~rdin` te 1aw. bdke~ Leesme ddisqaent, ~ad ts ,deLver t~ tbe ldortp~ee oe er before ~[areh ISt6 of eaeh ~ear tas reeeipu evidmeiu6 ~be p~~mmt dl L~rfoU~ i~upwed tua tor tbe preee~ns cdeadu ~ar; to indemaif~ t6e ll~octpsee npon 6i~ demaod for dl wca, ~ewnwq aad eL~rps ~t may be askssed opoa t~ artp~e os t6e indebtedeeM ~ecnred 6ueb~, and paid b~ the mortpEee, ~vithoat reprd t~ m~ larr Leretei~re eoaeted or 6erafter t~ be ee~eted imp~sins q~went of tbe •?6o1e ~r m~ p~rt thereof upon the Msrtpsee. • p~ (d) To p~~ all ~nd sin6ular tbe ewta, e6ar~s aod e:peo~e~. indudin6 law~en' teea ~ed ~Mtnet eo~ts rason~bl~ inenrred or d~t w~ time b~ tbe Mortp6ee beanse ot tLe [~ilore on t6e part of the Mortp6or te periorm, eompl~ ~ritL md abide b~ deh and every tLe ~tipnlation. a~eemeata. eonditions aad co~eaanb d wid proraiuor~ note ~nd t}qs deed, or eitber, and e~ery weL p~~meat ~Lall bear intere~t f~om date st t6e cste ot tw per eeruam pu anoum. le) It ii inrtLer eo•en~nted ~ad ~Feed b~ wd rtid tb~t ia tb~ event o( ~ snit beies ieuitnted t~ toceelae ibi~ mortp~e, the ill~rt- p~ee .b.ll be a~tided te appl~ ae ae~ time ~.aeh (ercele.ue~e saie to tbe e.7re b..;n` jar;.diedoo ebe,~eef for tLe .pp.iaaseee ot a reeei~er o[ ~Il and sin~alar tbe moriPi~ ProP~7. wd ~I dl reot~„ ioe~s~s. ProSt~. w~re~ awd reveaoa tLereaf, from «rL~tNena~ woree duived: ~nd tLerenpon i• he~eby ~p~e.d~ e••m.aced and a~reed ~6n ~be Gur~ .b.il t•r~M.;~6 .ppoie~ .ne6 e+ee~i.e~ ..i~h t6e aa~l powen ~ad d~tia of reeeiven in like ca~a: ud ~aid ~pp~iatmw ~6d1 be nude b~ tbe eonrt r a matter of ~triet risLt to tbe Mortpsee, and ait6ont reterence ta t6e ~deqaac~ ~r in~deqo~e~ of t6e vdne e( tbe propert~ 6ereb~ morrsased, or to tbe wlveeiep or inwlvene~ of the Mortpson or ~n~ otber p~rt~ ddead~at ~a ~ne6 sni~ The Mortsa6or 6eceb~ speci6u11~ waivd t6e risht to objeet to tbe app~inament of a reeci~er as dorwSd and bertb~ acprwlr consents tbat meh appeintmeet ~6a11 be made as ~n ~dmitted eqait~ and a~ a mattu of absolnte ris6t to the Mortp~ee ~ad t6st tbe same ma~ be dooe ~+itLout aotiee ts tbe liRortp6or. (t) U forulaure procudinas shonld be io~itnted apiert tLepnpe ny eove~ed by ~i. mwtpee .poa an~ oiher L'eo or cW.~ ..Lesher alle~ed to be snperior or jnnior to t6e lien of tlw moetp~e, tbe D~ort6a6ee ma~ hu optioo immediatel~ npon iouitution ot sneh wit or dnrin6 the pendeoe~ thereof declare tliis mortp~e aod tbe indebtednew ~ecu?ed bereb~ doe aad pqable forth~rit6 and ma~ at ~ iq option proeeed te foredo~e this mortpse. x (s) ~t tbe Mottp~or ~rill keep all ral ~od penend prope~ nwr or 6ereafter eeeumbered by tl~e lieo of thi~ m~rtbase inwred as w~~ be reqaired from time to wne br tbe Moetsasee a~idt loa b~ Sr+e, ~?indstorrn and otl~er hwrds, asualtia aod eontinaeocia for weh periods aed fw not !as tLan sne6 am~ats a~ a~~ be ~eqaired bp tLe Mortp6ee aed to pq prompd~ vrLm doe all premiam~ for ~neh iowranea TLt ~LOY/Il~ O~ IAtII[sOtE ItqYl~'Ed L1 fL! YOfi~~EE i~ltll bt 1~1C [~lOtIIlY1~ fIDOUDb EO[ MLItL q11~ ~D~Y[1MC i~t~I be ~?rittea and it ~II be ineambeat npoo tLe Mortpp~ to m~idain saeb additiond intaraoee a~ ma~ be necdsar~ to meet and eo ~ full~ wit6 all eoiawranee reqairemeaq eonqi~ed In Mtd pdieia te tbe ead t}nt tbe aid Mortpsor is not • eainwror t6erenn • Iworaeee s6dZ~ be ~rrium b~ ~ eompanj or eomp~oie~a~o~ ed er dai6n.ced b~ t6e Mor~a.6ee and dl~polieies ~nd renewab t6ereoE ~ull be Leld b~ tbe Mortp~ee. All detailed daipattear b~ t6e Mortpaor rrbic6 ~reaetepted b~ the Alortsasee ~nd d! asrcea~eou betwees Mortp~or and 1[o~a~ee rdatins to iesarasoe, sew e~tin6 or hereafter made, a6~U be in writin6 and ~all be a part ot t6i~ mortpse a`roemeat a fall~ a~ tboash ret fo~t6 ~erb~tim henin and ~6d1 sove~n botb parties be~eto and their ~oecawn and usipu. No lieo npoo ae~ d~aid lieiu of insaranee or npon as~ rdand or retnrn premiom w6ieh mar be p.~able o~ the aecellation or ae ~ tumination tbereof. ~ll sivea to otbu th~n tbe Hort~~ee, e:eept b~~ proper eadorsement a~ed to saeb polie~ ~nd ~pproved b~ Mortp`ee. Fic6 poliep o( imuranee shall hue ~zed tLereto s Standard New York Mortp 6ee Clawe nitlw~ Contribntion, makioa it dl loa or IoNes mder ~acL polie>p~ >able to tbe ~ortp~ee r in ioterat mq appar. In tbe event an ~om or sam~ of moner becomc panble t6erennder tLe MortpRee s6a11 6ave the option t~ e~ei~e and appl~ the wme on aceonnt of ~ indebtednas 6ueb~ ~ecnred, or to permit the Mon6aser to reeeive and ure it, or wr put thereof~ ~?itboat tbereby waivins or impairin6 m~ eqaitr, lie or ri~ht ander ~nd b~ ~irtae of tbw mortp6e. In cwcnt of loM or p67sieal dams6e to t!u morl~sed proput~ tbe Mortsa~or s~all ~ve imme diue notiee thueof b~ mail to tbe Mort6a6ce and tbe MortEa6ce o~~ make proo( of lo~s if tbe wne is oot maie prwnptl~ bj tLe gooK144 1b'3 ~ - - - - ~ _ k _ r~~~:~~ _ -