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PROVIDBU. AL~AYS~ 1La~ it ~6s Mor~.sor .h•U p~r ~to ~~o,~~a~ ~a~~a.,~.. eria~,aa by .
oertai~a promi~~ aote o[ ~rLicb t4e [ollowin` ia wacds aad 66ura i~ ~ true oop~ to-wit: - - -
I ~!/e~o9s No~i
i l.0~.0~ Miami, Floridz 1'~~ l9
FOR VALUE RECFIVED = P~ tO ~
' co the order o ~
che principal sum o LLARS. together with int 1 (
chereon from date at che nte ot ten prrcen~pa annum until maturity. both principal and intere:t beingpa
yable '
( lawful money of the Unitcd Stata at 203 Ropa Building. Miami. Florida. or at:uch otha place u the holdas 6ereof may
, designate i~ wricing. Principzl and interat payabk ia initaltmeau as foAo~n:
I lM~~'iw ~t1l•.N~ ~1i+~ ~~M lyttiM+~ N IM illti r11
i ~M~t'~~r ~il ~
lla3+ Mr ~t M~i ~i wrq ~
This note may be prepaid in whole or in pan after one year from the date hereof upon payment of a penalty
eyuivalent to two percent oi the prinapal sum pnpaid.
Each instatlment payraent shall be aYdited fint on the iaterat dut. and the remainder oa priacipal; and inta~at
shaA thereupon ceaae upon the ptitidpal ao aedited.
'I'he makers and endorsezs of thi: note furt6a agrte to ~raive demand. notice of non-paymenc and protest, and
in che event s~uit ~all be brought for the collation hereof, or the same has to be collecced upon demand oE an attorney.
co pay reasoaable atcoraey's fea for making suc6 rnllacioa.
Deferrcd payments here~ndar shall bar interat at the nte of ten percenc. per annum from maturity until paid.
This note is secured by a mortgagc ot evea date hat~vith and u to be oonswed and enforced aceording to the la j
of che Stace oE Florida; upon detault in the pa~ment of prinapal and/or interat when due. che whole aum of prinapz
and incerat remaining unpaid shall. at the opuon of the holdtn, beaoone immediately due and payable.
Inez Price ~gg,,~,~
(S~-)
and shall perfosm, comply with aad abide by each and every tbe ~tipnLtiooti a~+eements, oonditions and oove,aaab af
aaid pmmissory note and of this deed, then thi~ deed aad the a~tte tbereby ce+eaud shaU cea~e snd be nnD asd ~oid.
1. The Mort~or bereby ooveaant~ and a~+ees: ~
(a) T~ pa~ dl ud sispdu tLe 4ri~eipal ~ad iaterat ~d ww d mNe7 N7~k b7 oietae ~t Mia pn~iwq Nte ~od t6i~
deed. ~r eit6er. ~so~ptl7 ~a tbe a~r espeeti~rd~ t~s ~rie ~e~e~a1~7 beeoma aee.
(b) Te persit, e~mmit w ader w~ ~?aMe ud ti sai~tai~"tM irpkweseM~ at all times is •~a1e ~i q~d rep~ir d aoditi~n; ~sd
u do or pem~it to be doae to wid p~r~i~es a~tlue~ tL~t ~riD aker ~r: eWe~e tbe ~e ud e~r~qu d~ pr~pert~ K i~ m~ rny
imp~ir or ~reakm tLe ~ee'sitT ~f tbis e~rtp~e. Aed i~ a~e ~f Itie re~wl. ~c~ieet ~r ~IiQ ~ Y~rtppr t~ rq~ir Md wi~taiu
Ik said propat~, tbe MetiP~ee a~7• at W'~Ms wke ssei rep~i?r ~e tart tbe Yoe N be rie, ~ m~ne„ iu ti~t be6~N. 'I
le) To p~~ dl ssd ~io~r tbe easa, a~. la~rin, 1LDilitiea. aod ~Nipti~ ~ie~a~ ~t~re Mid ~e~eribd~~ aeL
~ md e~trp wben doe aod p~nble aceerdin t~ l~rr, before~ ~eeome asd t~ ~ddiru u tbe M K bd~re 1~arc6 ~
~ 1Sth of ach ~nr tu rece~pt~ e~ideaeie` ~ pa7weat all fn~(all~ iaa~tases (~r t6e pe~eee~ e~ie~r ~e~r: t~ iedem~if~ tLe ~
ldoctpsee tiP~e 6» demaod for all tue~, ~a~ents a~d eLrp tWt ow~ be weMCa ~s tb ~rtp~e a t4 i~debted~eM ~ecared
6ereb~, and paid b~ t6e mertpscq ~rithoat reprd u~o~ laa beretdere eaaeted or bertaRer t~ be ea~eted isp~si~ pqseat ei 1Le :
~rhole ~r my put thereaf apoa ~6e M•rtp~. i
(a) Ta pq .u .na .~.sW.r tbe cosn, eLar~a .ua espea.«, i.a~dios l...ye..• ree. n~~ .b~traet aM. ra..aabl~ iarnrraa .rp~ a st ~
m~ t~e b~ tbe ~tectpsee becanse of tLe failon ~e tLe part d the 11[~ttpsor t~ Perform. ee~p17 wi~6 ud abiie b~ at6 and e~er~
tbe ~tip~ilatioey ~sreemeou, tonditioas and covesanu et wid presiawq oote and t6is deed, K eit6et, as~ e+er~r wei p~7~seat s6d1
bar jeterat irom d~te ~t tLe n1e of ten per cent~ per
(e) It i~ fortber eo~ea~nted and .Feed b~ ~u"d p..~ia ~Ln i~ d,e evea~ ef . sau beias i.r~i~ a f~red«e tLia s.np~e, tbe ll~et- ~
p~ee ~hdl be eatiiled ee appi~ a.q uoe pesdmi ne6 I«~edMars seit a tre eNrt m.i~ j~ eiae~f ior t4 a~'.ere~
~t a r«eivet ot all and sia~ular tLe morts~i~ P~~P~+t7. dl ~~a. D~~b. irsua ud reveasa t6erel, 4a~ w~w~e~
woree derired; and t6erenpon it i~ 6crebr e~17 e~~e~stcd a~d ~p+eed tVz the Csort ~U /~rtLrrit6 ~pp~i~t wd~ reai~rer witl~
tbe awd p~wen wd d~tie~ d receivus is Uke ea~eri ~~~PP~ ~6d1 be saae b~ d~e e~art r~ rntter oi ~tritt ci~ht te
the MKtp~ee, ~od ~ritbeut refercoee to the sdequae~ ~r iatdeqo~er o( the vdne of tLe pr~pert~ 6a~eb~ moctaa~ed, K t~ t6e wlvme~
or ia»h~ ~f tlx 11[atpsors or ~nr otber psrt~ ddrad~~t e~ sne6 suiL Tbe 11[~rt6~6~ ~7 ~~~7 Mrai~es tbe ris6t i~
ebjeet u tLe app~ietment ~t a teeei~-er u aforwid asd ~ereb7 e~Prad~ e~nseab t6~t ~ae.1~ ~pp~intment ~ball be-made r aa adsided i
eq~i4 ~od r a'aau d abwlnte risLt t~ the ldoetp~ee ud tL~t tbe s~oe maT be dooe «ritbwt Ntiee t~ t6e I[~etp~K.
IE tereelosore pr~ceedinss s6ould be ia~tituted ~p[rt t6epnpertr co•ered b~ ~6i. me.sp~e o~w ..y o~Ler Gea .r elaio wbesi~er
allesed to be superior or junior to the )ieo o( ~his w~etp tbe Mertp~ee ~w7 ~t 4is optioo im~di~tel~ ~poo iostitudon d weL
aoit or durins the peakaer thereof deelar+e tbis morip~e ~ tbe indebtedneM ~eeered fe~ doe aed pqabk f~ettivitti aad a~~ ~t
it~ ~ption preceed to (oreelNe tbis mort6a6e.
(6) 17ut tLe 11[ortp~~r ~?ill keep ol ral ~nd P~~ P~~4 now ~r 6ereafter ese~mbered b~ tbe lien e( tL'u m~tp~e iewred
~ r ms~ ba required trow time ta tiwe b~ t6e 1d~rt~a~ee ~itit 1w~ b~ 5re, Mind~torm wd otber 6wrds. cawdtiu aod c~otin~esein
~ f~r q~ periods ad tor net Iw t6~a sae6 ~m~ as w~ La re~hed D~r _t6e ]I[~rtpBee and t~ W7 P~~PV7 ~?6ea d~e dl prem~nms
f~r saeh iowrance. 1bc ~moanu of iasursaee roqaired b~ tLe 1Ssrtp~ee ~6d1 be tbe mieim~n ameunb ~~r ~?6ieb pid ia~ora~ee s6a11
be writtea asd it ~Il be ieenmbau dpoa tLe Mortppr u m~idain saeL ~dditiod imaraooe a~ mq be necen~q te mect ~~d~j
~ tnll~ ~?ith all eoi~reras~e ~eqoirca~ents co~uieed is aia rtida u tlfe md th~t t6e aid 11[ortppr u nN • ee~iawror
Iwnnnee sh~lt be wriuea b~ ~ eompanY ~r e~mpaeie~app~o
•ad ~r dai~uted b~ tLe Mor~p~ee ~nd all~polieies ma rme~rals tbereot
~ s1u11 be beld b~ tl~e 1Kortp~ee. All deuiled desipatiw b~ tLe Mortp~or w1~icL ~reaecepted b~ tbe M~s~ee a~d all ~gem~eow
between Mortpior ond l[~rtp~ee rdaia~ t~ ia~ara~ee. a~w e~itin6 or F~e~after m~de, ~ll bc is writiss asd iaq be a p~rt of this ~
mortpBe ~~eaomt as Idl~ ~ tMn~6 ~et t~rth ~erb~tim 6erein aod ~Mll `o~us bot6 partid 6uet~ and ~Leir woeawn and ~si~s. ~
No liea npos a~ et ~aidpo tieia of imnraoee or uipoe u~ re(nad or retnrn premiam v~rhieh ma~ be pqabk o~ ~e duet]lation or
- ter~ninatioo tbereo/. ~all be siven to ot6er ~us tbe Mortp~ee, aeqrt b~~ proper endorsemeot aRaced te sae6 polie~ a~d appre~ed b~ ~
Mortp`ee. F.~cL pelie~ ot iaanrsnce ~hall h~se aiscd ~Lereto • Standard Ner+ York Mortp eee Cl~we ~+itLo't Co~Rrib~tiee, m~kia6 ~ F
~h
~11 los~ or loMes ander sach polie>p~
>sble te tbe Moripsee a it~ interai[ m~~ appear. In tbe e~~ so~ ~um or s~ of mooe~ bccvme ~
pa~able t6ereander tbe MortpRee, ~hall 6a~e the optioo ts teeeive and • ly tlie ume oa ae~oml a( tbe indebtedseM bereb~ ~ecored,
~
or to permit t6e Nostp6sr ts rceei~e and we it, er anr put thereof. ~ri m therebp wai~in6 ~r imQ~iris ul equit~, lie~ ~r ri6bt
m
noder sad b~ ~irtae et thi~ mortpRe. Ia eveat o( IoM or pL~sw~al danu6e to the mert~s~ed propert~ tbe ~ortp6or ~hall p~e i~ma
di~te aotiee thaeel b~ mail te tbe blortp6ee and tbe Yortsa`ee m~r make proof o( 1ow iI tbe wme is wt made pranptl7 b7 tbe
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