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Home My WebLink About0605 1 . . • • • ~ i t PROVIDED, ALIVAYS, tLst it tLe Mostaaaor s6aD pay nnto tha Mortaasee {he indebted~ees evidenoed by a certaia promi~or~ note o[ wLie6 ths followiu~ ia ward~ and 6~ures i~ a true copy tawil: /~ayi:9~ ~O~ ~•0~ Miami, Floridi 1~1 1,~ ig ~ , FOR VA~U OII ~.1(i~rlO~ ~~W promise to paY'~ io the order oE LB ; che principal sum o OI.I.ARS. tog~ether with inttrtalj ' ihereon [rom daee ac the nte oE ten percent.pe r annum until maturity. both prencipal and ineerest beingp~ ysble in 1aNtu1 money of the United States at 203 Roper Building, Miami, Florida. or at such other place u the holden hertoE may i designate in ~riting. Principal and interat payable in insullments as follows: ~ ~ l~riw ti~S.00~ ~3L~s~ re ~aN~ M~~d~ w/r 1~ ~ i t~loM~. 3,~K~ a~Y ~~wd~ a~lr istl iy ~ wi ~ri a~1r ~lawi'Ms ssil r?St ia l~il. i , ~ ~ This note may be prep:~id in ~.•hole or in ~rt after one year trom tl~e ilate hereof upon payment of a penalty 3 ~ eyuivalent to two percent u[ the principal sum pteµ~id. ~ ' Each inscallment payment shall be crcditec3 first on the interat due, and the remainder on principal: and interest ~ j shall chereupon cease upon the prindpal so credited. ~ ~ The makers and endorsen of this note further agree to waive demand. notice of non-payment and protest, and ! in ehe event cuit shall be brought for the coliection hereof, or the same has to be collected upon demand oE an attorney. ~ i co pay reasonable attorney's Eees for making s~ch collection. ~ ~ Deferred paymencs hereunder shall bsu interest at the nte of cen parcenc. per annum from maturity until paid. This noce is secured by a mortgage of ev~n date herewith and is to be conswed and enEorced according to the la oE che State of Florida; upon deEault in the payment of principal and/or interest when due. che whole sum of prind + and interest remaining unpaid shall. at the option of the hold~rs, become immediattly due and payable. ; ~ ~ Len We st ~SEpi,~ ; # ~ - l~relia t,lest ~5~~ ~ ~ f 11 t and ehall perform, comply with and abide by eac6 aad eve~y tLe stipnlatio~n~, a6reements, oo~ditions and ooveaanb oI ? eaid pmmieaory note ~nd of thia d~ed, t6en this daed and t6e ~ate thereb~ ereatcd ~hall oea~e and be aull aad void. ~ 1. The Mortgagor hereby covenanis and a~t+ees: ~ To p~y ~11 and ~iasulur t6e ~.oi i.ce.e.~ aed .~6er a.m. .t ~o.eer w7abk br ~irtue ~t ~id pc~miMOry wte ~nd tbi~ deed~ or eit6eq Promptly oo ~Le. r raputi~d~ tbe, wae ~enll~ bet~+oe~ doe. (b) To permit, commit or sntu a xyte a.d to maintaia t~e iiopr~vtmeab at dl times u• wte ~i ~wd rep~ir ui t~sditiM; ~sd to do or pcrmit to be doee to wid premi~a aotLi°e~ t6at nill dte~ ~r eh~s~e t~e ~e u~ e~rKUt d wa pc~pertT K in u~ ~ray imp~ir or ~?eakm lLe aetarit~ 111is' awA~E. Md u ta~e d tLe tefwl. os~iset ~r i~bili4 d tk M~ripsK i~ rqitir ~od asaiNai~ ~aid propert~, the Mort~+~ee as7. u 6ia ~ption, m~ks s~el~ repan e~ eawe tbe Mmc a be eade, ~wd ~ee m~ne~ is tLst 6d~li. (e) To par dl wd sinsular the t~e~. a~wmeau, levie~. W6ilities. aad ~bliptiw~ ~fe~ rtore N aid iaeribe~pr~pcet ae6 aad eveqr ~rhen due ~od par~ble aecKdin` tw I~M. bd~re ~~eeome ,ddirer tbe ~t~rtp~ ~a ~r bef~re~]1atc6 15t6 of each yar tax rceapu t~ideneiua tbe p~~meat ~f dl uU te t~ Mort ee u 7~PMed.~sus Ior die pceeodin~ pkadsr ~ar; t~ iademaii~ t6e 6~s P~a hu daaaad for all uxca, a~ments aed tlup tMt ow~ 6e ~s~eMed upee tLis artp~e ~e tbe indtbtt~sew ~eeured 6erebr, and p~id by tbe mott~Ree. ~rithoat r~eprd t~ as~ la~r Leiet~l~re e~ettd or 6treafter t~ be eateted i~pMi~s pqmeat d tbe whole or aor p~n thcreof upon thc Mortpsee. (d) To p~~ all wd sinsul~r the eoats, ebar~a wd ape~. Ldudiea 4w~ps• Iea wd abstr~ct eau rcaNaabl~ iuearred Kpa~d at an~ time b~ tbe Mo~t6asee bcc~nse of the f~ilnre ee tbe qrt d tbe lld~rt~aaor t~ P~~. ~P,7 wi~L ~ed abiae b~ ac6 ud e~rery t6e aipulations, ~sreements, eonditio~n and eovenanu ot stid prosiyor~ aote ~ed t6ia deed, ~c tit6er, aai e+tq we~ p~~me~ s6d! bear intennt from date at the nte of ten per ceatum per aasam_ le1 It ia fnnher eovenauted a~d ageed b~ widp~et~~ t6~t i~ tbe eve~ ef a sni! beiwa iaNitated t~ i~reelMt t6ia mortp~e, t6e ~l~et• a.see .hall be enuiled eo applr u an~ uime pendin` ~neb f~teclwre sait u tbe ewer ~ j~ri~diet~ eLereoi (~r ehe iaRaea~ ot a reeeiver ot aU aod sin6dar tbe mort6~6~ P~P~+17~ wd o[ al! rea~. iee~sea. Pre6b. i~tae~ ud r+ereaoa tbere~f, iram~Wweru seurce derived; ~d t6ereupon it ia berebr espceasy e..emaud .ad •~reed d~n ebe Cw~nt .5.ll t•r~6.?t~6 .ppoist s~ .+eai.er wid+ the nsnal poaen aod dutia of reeeiven ia like eMn; ~ aia app~intmeat ~6d1 be s~de by tbe e~o~t as oi ~trict ri~it w t6e 1Koct~rste, wd withoat referenct to the adequac~ ~r ia~deqoie~ d tbe vdoe of tbe pr~f 6ereby mortp~ed, K to the wl~encp or inwlv..ney of the Mortsa6ors or an~ ot6cr p~rt~ defead~eR N we6 anit T6e lldortpsor beeeb~ ~peeiGedl~ wai~a tLe ri~t t• objcct to tbe appointment o( • receicer n Jordaid asd 6eeeby esprd~lr e~aseat~ tb~t qe~ app~iatmest ~ba1! be mede a~ au airilted equit~ ~nd as a matter of absolute ria6t to t)x Mortp~ee nd tLst tLe srme m~~ be done ~ritlaut n~tiet t~ tbe 11[ortp~or. U foreclwure proceedinss ihonld be imtitnted spirt tLepr~pe rty eorered by thi~ mortp~e ap~e ~ WLe~ liee or cWo~ w6etLcr allesed to be snperior or junior to t6e lieo of tbis m~rtsa~e, t6e l~ortp~ee m~~ ~t his optioe i~nedi~telr upoa institution e[ weL auit or durin6 the pendeaey ~lureo( declsre tLis mortp~e ~ed t~e indeMednea reenred 6ereb~ doe ~ad pqable i~rtb~+itb asd ma~ at itt option pro~eed to forc~lo~e ~his mortRa6e. (6) 17ut the Mortp6or will keep ol re~l aed perseaal pr~pety nnr or hereafte~ escnmbe.red b~ the liea o~ t6i~ ~a~rtp~e issared o au~ be required from time to tiwe b~ tbe Mortst~ee apian las b~ 6re, ~+indN~ns u~d otber l~wrds, uwaltia ~nd e~ntie~aeirs for sueh periods and for not las tbaa sac6 unousb as m~ be eeq~ired b~r tL~E ~I~p~E! aO/~ l0 ~y ~OO~/t17 MIIEO dYE aII ~1010~ for ~aeh insunace. T6e amounts of inwnnce reqrie~ed b7 ti~e 1[ertp~ee sMll be tbe minirnm ~onnts !er whieh aid imar~see ~6d1 be writtea and it sbdl be incnmbeat n{an the Mortppt t~ awiatain sseb ~dditioad ins~caoee a~ ma~ be aeowaq t~ meet aodeompl ~ (nll~ with all eaiosaranee requiremeab eonuined ia Mid pdides te tbe ead th~t tbe pia M~rtppr iu aet • a?iawror t6aeumdu. In~uranee shatt be writteo bT • eompany or eom~niasppn~ ed ~r desiyo~ted b~~tLt ll~~rtp~cce ~nd all lieiea and rme~ra4 tbereo( shall be held br tbe Moctsa6ce. All detailtd dea b tbe ~tort ~ooept e 6~u~ 7 PLK w6ieb are ed b~ tLe ~irtp~ee ~ed rU aBemx~ betv?een Mortp6or ~nd Moctsasee retsti~s to intiruoe~ ~sw ~ist or 1~edter aude, sh~ll be ie writ and aball be s part ot thiu monaaae ageemenc r fnll~ ~s t6ooih ~et fo~ ~erb~tim l~a~ab ~ad ~11 6even botb parties beret~ and~r weeeMOn ~ad aniRm. No lien upoo aoy ef aaidpo lieia o( insannee or u~n w~ rd~d or retnrn pranima w6ich w~ be p~~abk o~ tbe an~eUatioa or ' termioatioa tbereof. ~Il bs 6ivea t• ot6u tbu t~e Msrtp~~~eept b~~preper eador~meat ~6ssed t~ sneb poL'e~ aad approved b~ ` Mort6asee. Eaeh potie~ of iwnnnce shall 6ue a~ed t6erete • Stand~td New York 11~~rtp~ee C4we wit6o~t Coetribntion, makinR dl lo~ or lwses aeder ~ueb polie~p~ ~.ble ~s ~e lto~~.~ee ar ia ;see.~e.~ m.r a~e.r. L? tbe ennt ant wai or ronu d mooep b~ome parible thereonder the Mort~~ee shall have t6e option t~ e~eoej~e n8~y t6e woe ~e aeeomn o~ tLe iedebtedse~s bueb~ ~eeored, or ~o pe~nit the MoM~6or to recei•e and we it, ~r ao~ p~t ti~ereof. at tbueb~ ~?ai~ins K i~spairu'~ ~as~ paiq, lieor er risl+t under ~nd b~ rirtae d thi~ mortsa~ge. Ia event ef loM K pL~dral d~,e to t6e ~ort~{ed preppt~ tbe 11lortp6or ahall ~~e immo di~te notiu thercof b~ m~il to the Mort~see wd tbe Yortp~ce aNp duke proof low if tbe s~me is ~ot made promql~ b~ tbe ~ ' • ~ - e oK~54 t~. 5 c¢:;~~~ ~ - - ~.E'~: ~d~ ~ ~i~tui g %f.: '~`i,~YY'F _ _ . 9+ _ _ "