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PROVIDED, ALpAYS, that ii the Mortpsor ~haU pay unto the Mortaa6ee the indebtednese evidenccd b~? a
oertain proani~eoq note of wbic6 tbe [oUowie~ ia words aad 6~res ia a itue oopt? tawit: ~ ~
~
i . I~dN~o~ ~O~ .
" ~ ~i 19 ~
i l,3~00 Miami. Flori~
~ w ~rt w~~~o~r 1
~ - FOR VALUE REC~I
~+r a ~i' • ~ ;
~ ~ io.the order oE W~t~s`
che principal sum o OLLARS. together ~?ith intera j
~~hereon from dace at the nte of ten percent.per annum until maturity. boch prinapal and interest being papable in~
~ lawful money of the United States at 203 Roper Building, Miami. Florida. or at such other place as the holders hereof may
~ daignate in writing. Principal and interat payable in iastallments as follows: _
l~el~•!l~ ~~~00~~ !~t M~1~ 1~~ A M~
i ~ ~
~M wrq ~ ~ ~
I
- This note may be pre~k+id in whole or in part atter one year trom the date hereoE upon payment of a penalty
eyuivalent to two percent ot the principal sum prepaid.
Each inscallmene paymenc shall be aedited fint on the incerest due, and the remainder on principal; and intereat
shall thereupon ceas~ upon the prindpal so aedited. '
The maken and endoraas of this note further agree to waive demand. notice of non•payment and protes~ and
in che event suit s6a11 be brought for the mllation hereof. or the ume has to be collecced upon demand oE an attornep.
co pay reasonable attorney's fea for making such collation.
Deferred payinents haeunda shall beu interest at the rate of ten pacenc• per annum from macurity unW paid
i This note is secured by a mortgage of evtn date herewith and ia to be construed and enforced according to the laws
1 of che State of Florida; upon default in the payment of principal utd/or interest when due. the whole sum of priacipal
~ and incerat ranaining unpaid shall. at the opuon of the holders, becoane immediately due and payable.
Grant Hadley - (SEAL)
r Alberta Hadley ~g~,~
and ahall per[orm, complr with and abide by each and evuy tlre stipnLtiono, a6reemcnts, eonditio~ and oovcaanL of
said pmmissory note and of t6is dced, then this deed ~ad the estate thereby created s6all oea~e and be nnD aad void.
1. The Mortaa6or hereby ooveaanL aad a6rees:
(~1 To pq dl ~ed siesnlu tl~e priaeip~l aad isterat ud ~tber s~ou d mNe7 P~riL1! b~ rietae d aid pnaiwn ~ote ud t6i~
~ deed, ~r eit6er. P~P~! ~n tbe d~„ rapeetivd~ tLe ~~e ~117 beoomes ie.
i
~ (b) To permiy e~mmit ot ader w~ra~te ~ai u a~intaf~ ttie i~pe+vrme~tt at aO tima iu •~te d p~d ccp~ir a~i asditi~s; wd
~ to do or pernut te be donc to aid premi~ wttii t6N will dtu ~t eL~~e tbe ~e ud. c6~r~e~ec ~t Mia pr~pe~t~ ~r in ao~ r?ay
imp~ir or ~rakea tbe ~eearit~ ef thi~ m~rtp~e. ~ is tue of t6e refarl, se~leet K iawbilit~ d t4 M~etp~~r t~ rep~r ~ed ayiwu
wid propert~, the MoriP~ee As7. ~t 6is ~~ke ~L r~p~in ~r awe tie ~aose b be
s~de~ awl ~d~ra~oe maaar ia ti~ be~lf.
(e) To p~~ all md ~insolar tbe wca. ~enu, 1e~ies. W?ilitiea. aod ~b1jPV~es ~i ~MVe ~a aid ~eribd~pa~t~ ae6
aad e~err r+hen dae aad p~rable aeeordina to la~+, before~ become aed ts~Yaf t~ i~! YO~tsi~0! N K bd~re ]~areL _
lSt6 of each ~ear tai reeeipu e~ideneine tLe pqmeat o~ dl Ia~rtnU~ im~~~wces ~or t6e preeedi~ talead~r ~nr: t~ indem~if~ t6e
Moct~asee npon his dm~nd for all tuces, wwmeob aed c6~r~ t~t may be assessed apo~ tLi~ aNtp~e ~s tbe i~debted~er ~econd
Lcreby, and p~id b~ tLi mert6a6eq ~vi~hoat re~rd to an~ l~w beretefere ewetcd or 6eredter t~ be ea~eted i~sin~ pqseat ttie
~r6ole or m~ part thereef ~poa the Mortp6ee.
n
td) To pq dl aod sinsnlar tLe ewu, ebutes aod e~pease~, iodudina law~en' fea ~nd ~bqnct ee~ rea~ea~bl~ iee'rred ~rpu d at
w~ dme b~ ~be Mor~sasee beeause ot tbe tailnre oo tLe qtt of the ?I[ertp6or t~ periorm, ee~Ph wit6 ~nd abiae b~ e~eL wd e~rer7
t6e stipuluiooa, a~rcemeats. eonditioru aad eovcn~eu of s~id peomwor~ note md tbia deed.. K~~~. ~ ~+M ~ P~7~
bar iaterat lr~m date ~t thc nte of tw per eeatam per ~asum.
(e) It is tnnber eo~co~nted and apreed b~ wdp~ rtia tL~ i~ tba eveot oE • cuit beia6 irtituted t~ f~red«e 1Li~ mortp~e,lLe Ii~rt-
~di
aasee ~hall be eatitled cs ~PP4 at ~e~ time pend'w~ weL f~reelMOre wit t~ tre ewrt 6a.is6 jori~dieti~ eia~c+t E~e t~e ~eac
of a reeei~er o( all ~nd sin6ul~r tbe mort6~6~ P~oP~7. ~nd ~f ~11 reou. ioc~sas Pnbb. i~sue~ ~sd ~~a 16er~ed, Iraa
w~Lt~e~
wum derived; and therenpoa it i~ 6erebp e:Prad7 eo~easued aed ~se~eed tVt tbe Cwwt r6d1 t~rt~rit~ ~pp~i~t wer reoti~u ~+itb
t6e moal ponen ud d~tia ot reeeivus in like ea~a; asi aia ~pp~iatm~t ~6d1 be ~de b~ t6e eoart as ~~ttu ~f Mriet ri~t t~
the Mortpsee, ~nd ~+it6eat refe~ence to the ~dcqoae~ ~r ia~deqaae~ of t6e vdoe oi tbe pruPatT bereb7 mortp~ed, ~ te d~e wlreaep
or inwiveoep ot t6e ll~ortsason or an~ ether part~ drLmd~aR 1~ sae6 sni~ Tbt ~[~rtp6~ ~7 ~~7 r?ai~ta the ria6t
objeet t~ tbe appoiotmeot st s-reeei~er as atoraaid ~sd Lereb~ aprdal~ eenseab t~t ~a~ appoi~meat shall be m~de ar ao aimitted
oqait~ ~nd a~ a m~tter o( :bsolnte ri~t to the Me~ya~ee aed t~t the same ma~ be dooe ~ritb~at wdee t~ the 1[~r.
(f) If terulesnn proceedinas shoold be imtituud apirt tbe pr~ [lJr tOYE[Ed b~ iLY nlK1~~E 1pYA aO~ Y~LEi Ik0 K CIa~ MLE~Ct
alle~d to be supuior or junior to ~he lien d tbiu a~~rtp t6e ~ortp6ee rw~ ~t 6is option irmedi~tel~ apos ititimtien ~f axh
met or dnrins the peadeoe~ tLercot deelare t1w mortp~e ~ tbe indebtedse~s ~eested 6ereb~ dne ssd pqable f~etirwitL ud ~w~ at
ib option procetd to foredo~e this mort~se.
(6) T6at tLe Mortppr will keep dt ral and paNad Pr~petV no~? or bertJtu e~e~m~bered b~ the lieo ef tbis m~rtpye ieared
as w~ be cequired from time to time b~ tbe ~[ortp6ee ~pie~t lw~ b~ 5r~ wiudrtons aod otber 6wrd~, e~walt~es aad c~in~eaeirs
t~r su~L pcriod~ aad tor oot las tbsn sae6 amasts a~ mq Le reqoiredb~ t~b~e ll[~rtp~ee and t~ W7 Prosptl7 ~rbe~ d~e dl praaiao~
for raeh iarnrance. 1be amoanu oE iasonnee reqairea b~ tLe 1`ortpBee s6~11 be the miaimmn s~ounb f~r ~r6ie6 pid iawn~e ~hdl
be arittea md jt s6~i1 be ineombeat npon tLe 1~ertppr b m~iutaio sae~ ~dditionl iusoranoe a~ ma~ be awa~sq t~ a~eet and r
(all~ rrith all eain~nraoee reqaircmeaa eomained ia wId p~~ides to tbe ead tLat tbe aid A[~rtppr u a~t a eeamaror
Imnrance sh~l!' be ~?riuea b~ • eoespany ~r eomp~uies rei ~c daip~ted b~ tbe Mortp~ce ~nd all lieiea and ca~rab therc~f
u 4~
~ha11 be 6eld b~ tbe Mortpsee. All detai4d deu~ti~ b~ t6e Mortp~sr w6ieb art ~aepted b~ ~be ~rqa~ee asd dl tg~
bea.een Mertpaor md M~rtP~ee rel~iaa a iawra~. sow e~tin6 ~ huafta m~de, ~ball be is rrritins ~d ~Lsll be a put d this
mortp6e ~~reemau r fdl~ ~s t6onsh ~et f~h oerbatim henia wd ~11 ao~ue bot6 putiei heret~ and tbeir weoeMOn ~ad auip~s.
No lien npoo ~ ef ?~idpo 4cia ef imnranee or apon an~ re(nnd or return premimn nhid~ ma~ be pqable N be asoellatioa or
termioation tbereof. s6~ll be pven to otber th~s t6e Hortpaee, aeept by~ pr~per endonemeat aized t~ ateb polie~ aad ~ppro~ed b~
Mort6asee. Eae6 polie~ of imuranee sball hase ~ed tbereto • StaAdard New York Mortp ~ee Ct~we vrit6o~t Co~tribatios, makiaa
all low or loMes mder ~ncb polie~pa
pable to tLe btortp~e ar ib ioterat ma7 aPPeu. Ia the rmt ao ~om vr s~ vt mosep beeome
pa7able thercnnder tbe Mort6aRee shall luve tbe option to reeei~e aod apply t6e ~ame oa ~eeown ot ~ indebte~seN bereb~
or to permit the Mortp6ar to reeeive and ase it, or ~n~ put tbereo(, nit6om tbereby wai~ina or impairiaa ~~n7 eqoitr+ lia~
nnder aad b~ virtne of this mortp~pe. In e~eot o( loa o~ p67sical d~nu6e to tbe most~ased prepert~ th~ li[ort~6or s6aU ~e ia~sa
diate aotiae tbereof b~ mail to tbe Mort6a6ee aa~ tLe No?tpace ma~ make prooi o( low if the wme is Nt p~ae ,p~sp17 b7 tbe
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