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P$OVIDSp~ ALNAYS,~ t6at it tLs Mortp~oe ~11 pay unto the Mortaa6e,e the indebtedneN evideaced by a
oervis promiMOet. sw~e_ ot wi~ich tl~e iQibMiot i~ ~ and 6RUre~ i~ a tn~ cait to-wit:
/t/o?~9o~r /ri~1
" i Miami. Flnr~d= -~+~1 ~ ~ 19 ~
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FOR VALUE RECEIYED ' co ~ i,
~ to the order of =i~is ~1 i f
che prinapal sum t~ ~ ~
ihereon from due at e nte oE cen percent,per annum uncil macurity. prindpal and interat beingp~
pable in ~
lawful money of che Ubited States at 203 Ropar Building. Miami. Flo:ida, or at such othet place a,s che holden [~ereof may
daignate in wricing. Principal and intae:t papabk in iastslimean ~u folloMn: ~
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This note may be prepaid in whole or in pan after one yea~ from the date hereoE upon payment of a penalty
equivalent to ewo percent oE the principal sum prepaid.
Each inseallment pa~nnent shall be aedited first on the iaterat due. and the remainder on principat; and intcrat
shall thereupon cease upon the prindpal so aedited.
The maktrs and endoratts of this note further agree to waive danand, notice of non-payment and prou~t, and
in the event ~uit shaq be brought for the mUection hereof, or tht s~.me has to be rnllected upon demand of an attorney?, ~
co pay reasoaable attorney's fea for making wch eollection.
Deferrcd payments hereunda shall bar interat at the rate oE ten percenc. per annum fra~n maturitp untit paid.
~ Thu note is secured by a mortgage of rven date herrwith and is w be oonstrued and enforctd according to the lawt
of the State of Florida; upon default in the payment of prinapat and/or ueterat whea due, the w~hole sum of prinapzl :
and incerest remaining unpaid shall, at the optioa of the holders, beoome itnmediately due and payabla
Dan Baileg ~g~,~ i
Carrie Bailey ~
~
and a6all pesEono, con~ply ~rith and abide b~ eacl~ aad erexy tLe atipulatioati s6reemeat~, oaoditioa~ aad eoveaanb of
said pron,i~sory note and d tbis deed, tbea tlw deed aAd t6e utate thereby crna~ted ~hall oea~e aed be anN aad •oid.
1. TLe Mortaaaor 6cnbr ooveoaat~ and a~ees: .
(a) T~ pap d! ~wd aspiar ttie aad iatcra~[-a~N1~~ttiit ~~rt ~~wer P+7aNe ir riet~re d Mid
'r !~7 N ~Ls ~rrlee~d~ dr w~e ~17 bee~,i i~. : ~'~"4 n~te ~eJ tFw
(b) pe~it, c~sit K wdt~ r wa~1t aw~ M ~iatai~ tMe i~wr~e~q at dl tioe? iw •«ae d~ p~d reP~u ~1 eNditi~a; ~wi
t~ d~ .r penwit t~ be dooa t~ ~ua ~M~t~ ~6rt !iq ±~er i? e1~,~s t6e ~rs ~1 ebjr~pr ~t ~aJ ~eet~ in as~ ~rar
imp~jr er wnlcee tbe ~ecvit~ ~f ~~fe. Awd i~ we ~t Itie ~f~W. ~ ir irbilit~'d tlie 1lNtppr t~ t~ir rd wiMai~
~aid ProPertf. the Ul~rtp~ee ~~,:~t L~ opti~n. w~ke wei~ ryi~ K ea~s.tie,twe N re w~it. ~i ~ra~ce ~wse~s i~ tWt 6eWf.
le) T• p~r all ud sin~~Jar tM ta:a, ~eawJs~ie~r ii~ii~ti~s. p~ ~i~ipt~r ~te~~ rii ~e~esi~e~i~r~t~ e~
1~~I E7C~ M~MO drt aOd ~rLlt ~Cl~('~ t~ la~~~r,1~
~te~ Lee~a4e II~e~, ~ei t~ ~diwr a 1Le Y~ttr~es N~r bd~re 14re6
15t6 ~ e~ 7eu tu~ tece~pt, ei~~eiai~ ~e M7~ait aU L~fdl~ ii~a~ei u:ea (~r t6e p~eoed~ t,~k~d~r ~ev; t• i~dem~ity ~ie
llt.rtap~e tii. deo.ad t.r al! tue.. ara~eau a.d eVrys dw eq be a~e~ op.. ~Li..«t~~e d~e i~a. .ee.red
~~bR aad PUd M tL~ w~rtpaee, ~ritM~t teprd to uy lnr LereaiKe eaacte~ ~r 6ere~Rer t• ~e erqea i~p~si~ N~e~t ~ tre
r?6ole K an~ put tbere~f npon tbe M•nP~e'e-
ta~ r. p., .u .~a .~.s~ ~ ~...a ap...~ i.a.a;.~~.~.,.,,• r«. .e.~..n t.w K~....w, ~r.a ~a «
aa~ ti~a b~ d~e 1[~rtp~,ee beawe ~t tl,e u'l.re ~s t1~e p.et ~f t6e .~tppr u Pai~ a~l~ witL dd abi~e b~ e~
~~Pe~~~. Ke~tt. eonditia~s aad c+vew~n ~t pW ~eMiwr~ eNe ~ t6is ~a+ed~ ~r eit~, u~ e~7 wei M7'~~ ~~i!
Le~r iMeral fn~ due M tLe rate ~t tes ~ uatas per
la) b i~ ttrtber eoreautai u~ a~reea b~ ~u~ tLt i~ t~a eve~t ~f a sait kiq Irtitwea t~ fweel«e tii~ artp~e, tLe ll~t•
`i~
p~ee Jwll be e~itled t~ ap~l~ at ~ ti~s ' wcfi t~eeei~ce Nit t~ sie c+rrt irriK 3~i~iea» e~era~f fK ~s a/~aM~est
~t a reeeirer of a11 a~d aLpl~r tbe a~~reP/~ P~'~P~~7s ui d afl reMy i~o~a. M+S~. iww a~i terea~ue~ t4~Nf. [n~ ~e?er
..oree d~ei.ed: wi ~ere.po. te a l~ebr e:oreal~ ...e...~eei a.a •~reei ~Ln eL. Q~ ~i.ll t.~d~wiri~ a~.i.~ ..ek ee~a:.e. :.hw ;
ti~ e~rl Mwera wi dutiq il reoeiMars irt li~e e~a: a~i rii a~a~t ill ~a ~~e h dm c~t r. wttee ~eict d~Lt to ;
t6s YKtp~ee, aad ~+it6wt rdere~ce t• tbe ~deqa~e~ K irie~e~ ~t tbe valoe ~f tbe pr~pert~ ~iy a~
K iwl•ene~ ~t t4e lt.rt~on K su~ ~trer p~eq ideod~t M~ srit. '!'~e ~1 ~qi~. ~e t~ ttie Nl.a~r
+~bjeet t~ tbe u~ ~P~ ~M ~+~b ~•si~a tie ris6e t~
yp~istmeat ~f a reeeinr d~id vd ~ereM sP~'~+v7 e~w~es dNt wd~ yip~iwt~eit ~LaU 6e mae ~ a~ ~d~sined
a~db as~ a~ ~~ttu ~f ~b»lae rid~ t~ tre 11[~etp«e ri erM tie wae ~ be ao~e writi~M Ntiee t~ tbe M~rtppr.
(t) If t~reel«are Pnaediwv ~6wld ~e irtiiwed ~t tra~r~pa~t c~vaed bp tii~ mKtPi~ ~M~ M' ~t4r ~iea ~r daiw ~ri~er
a1le~sd t~ 6e s~ri~r K jrsi~r t~ tbe liew ~f d~it~ ttie Yi t opti ~ R~~ iw~tituti~w d web ~
p~e, p~ee m.y n 6i~ ew i~wedi.`d ~
.oic K d~riu~ t6e pe.de.cr t6crc.f aeel.re tiiis a..~tp~e a~i fae i.~e6~d.cys .ecsre~ 4reby dee awa a~.Ne t~eskriti r~ .t
ia ~pti.~ pr.ceca c• t•rrclNe c6i~ iu.rtp~e.
l~) ?6at cLe MKtp~ ..ill keap all rMl .d pess~.at pr.le~ .w K beredter eaew~be~ea b~ We liee et t6i~ ~e+rse iwawed
~ mq be reqaired Ir.. tiane a mse b~ ttie Y.Kp~se ~pia~ 1w M ire. M~O~IKfr Ollltt I~W~~ tNO~~tlq YId e~atie~e~eia ~
f~r ad pcriod~ nj ter a~t ias t~ ~ui aw~ ~s ~ ~t Npirsdb~r t~`~e ~f~etp~se asi t~ W7 Pj~7 r?~s d~e dl praoiwe~
f~ ~neh inwr~ce. 1L~ aMww ~t iw~nw req~ina b~r ti~ I4etp~se ~11 6e tbe o~iwia~ w~uwu f~r wbie6 wia iswnwee ~11 ~
be ~rritt~w ud h~11 be i~e~w~eat ~w 1i~ Ywtppr u ri~ni~ qd ~daiti~ni iwn~ee N sq be wcce~ b ree~t asd 7 ;
~all~ ~ritli a11 t~iawra~ee sepir~ eyt~ei i~ ~ii ~iieir e~ 11~e a~i tWt tLe Mia Y~rtppr i~ Nt • criwwrer dbereae~. _
Iwra~oe aVlf 6e r?rines bT. •~~W~7 K ~a~ ~r ~ai~wMei~ bi tLe 11/Ktp~ee ~ad ap lieie~ ~d rene~n4 ~6ereo(
-~il be 4W l~ t~s l[~etp{~ Ap aedil~ ~ii~i+ :yl 1se Y~ai~r wiie~ ~re.~
~eebl ~ p~~i~~ a~ d1 a~esen~ats
beeww Y~tppr ri ~p~e~ t~ i~we~e. Mr. esi.tin~ .r I~after wde. ~Il be ia .+rii
~ ad id! `e a p~t ~t t6i~
N~ liew ~+s~eu ~~aq~llG ~ tMsi~ ~t asi i~U t
p~ bod~ ~u~p beret~ ~ed t~ar woeerMn asd aripr.
~w af ~I r~ia~~ iswra~ce ~r ~ retoi ~r retur~ prewioe ~+aid~~
wa7 ~ W7~ble w ttie ea~ld4tiow ~r i
e~.iaRtiw t6a~. ~Wl be ~i.e~ u~Ler 16r tM 1/wtp~ee.e~ b~~~r~per endor~en~ .io~ed weL rlie~ awd ~roved 6~
Mertp~ee. Esei ~ie~ d i~wt~aos aWl ~su aia~i tra~q~ • Sus~rd lYew Yerk 111~tp jce Cbwe vrit~t Cwwibaiee, makieR
.It 1... .r I~«a .i.~ wri Mlie~} ~r_ble a tL~ Y~.tp~ ~ ir i.terat o.y ~ppe~r. I. t6e
M1~bM tLee~e~wder t~e 1tKtpps~ ~Wl Vw 11ie ptior N reeai~t a~~ e.eat aT wm K~~ ~1 ~w~wey bKSw~e
~r t~ ~wjt ~e Y~rtp/~r b reeeive ~d re it. K ~q l~et dwr'e~t. ~Gstt6e ame ~w aerewn ~f t~e i~ Lereb7 ~oe~erod.
t6ereL~ ~ni~riw~ K impairiw` nl cpi~7. lie~, ~r ri~t
~eader ~oi b~ r?itt~e ~t tLtr Metp~e. 1~ ere~t ~f 1~w K~7~ird d~aw~e tw tbe ~~rtlo~~ K~7 ~ M~1a~or abdl Rive iwN
di~ta Mtka dr~ee~f y~il u tie Y~rta~se awd etis 11~rtpp~s s~r w~ake prNf et 1~ it rie wMe i~ Nt ade pnewpl~ b~ t`e
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