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PROVIDED; ALNAYS, tbat if the Mort~aaor ihaU pay unto the Mort~a~e~e the ind~htedneea PvidenceJ by •
oert~in psomiawq r?ote ot which the followiu~ ia wo~d~ aad figucea is a truc copy to•wit:
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i ~d~9o~t ~o~ .
~ Miami. Florida 1~~, 19 ~
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; FOR VALUE RECEIVED promisetopay
~ to the otder of A4~dwr~ ~1r 11_ Arattrar~nr ~~~her •~11~II~i• 0 • ~
i che principal sum o OLLARS, together with interat
r chereon from clate at che raee oE ten percent.per annum until m~curity, both principal and interest beingpa yable in f~
lawful money of chc Uniccd Scates at 203 Ropar Building. Miami, Florida. or at such ocha place as the holders F~ereof may'
I designate in wricing. Principal and interat payabk in iaitallmeats u follows:
~~~ll~ ~,j~~~1~1~ ,N aA~ 1~~ A ~ 1~
~M w+~ ~?~M~~!`M~ tial`1 ~i~ !1 ll~ii~ ~ K MM
This note may be prepaid in ~vhole or in part a[ter one year Irom the clate hereot upon payment o[ a penalty
equivalent to two percent of the principal sum ptepaid.
~ Each installment payment shall be credited fint on ehe interist due. and the remainder on priacipal; and interat
ahall chenupon cease upon the prindpal so crediced.
I Tht makers and er~dorsera oE this note futther agree to waive demand, notice oE non-payment and protest, and
in the event cuit shali be brought for the collettion hereof. or the suae has to be collated upon demand of an actorney. ;
co pay reasonable attorney's [ees for making such coUection. ;
Deferred paymenu hatunder shall bear interest at the nte of ten percent. per anrtum from maturity until paid.
This note is secured by a mortgage of evtn date here~nith and is to be consuued and enforced according co the laws
of the Scate of Florida; upon deEault in the paymeat oE prinapzl and/or interat when due. the whole sum oE prinap~I
and incerest remaining unpaid ahall, at the option of the holdets, beceme ianmediately due and payable. .
_ EuQeae Mitchum ~5~,~
Carloa Mitchum ~5~~
~
snd ehall perform. comply with and abide by eac6 and every the stipulatioo~. aRreemrnte, condition~ and coveoanta of
said promieaory note and uf thie deed, thea this deed ued the estate thereby crrat.Y! ~hall ~ra~e and be ool! aed void. '
l. The MortgaEor hereby covenanL and a~reta:
'fo p~~ dl u~d ~inRular tbe prisei~l ~nd imerat ~wd NMr smw ~f m•eer p•pble by ~irtue of .~id prsmiswrp nute ~ad t6i~
deed~ et ei~Ler. promptl~ on ~he dr~ re~peElivelr ~6e 'wme ~wll~ bee~a~p dre.
lb) To pc~nit, eom~ait or ~~ter no'wra~te aad to waiuuiw 1`e iep~~vemewt~ ~t al! times i~ • uale o( e~d n
~o do or permit to bc doae to s~id re~ni~ea no~6ia ~t rrill alter, ~r ` p~ir ~wi e~nditi~n; ~sd
V R e~s~e t1~e ~e u~d elur~cter of uid prope~ ~r in ao~ ~ray
imp~ir or ~?taken the seenri~y sf tbis mortxaRc. And ie ea~e of die ~Iwl, ae`lett s~ is~bilit~ ~t tbe M~rtpR~r t~ rep~ir ~nd os~iwia
wid propert~. thr MonpR.e oa7. ~t 6u e¢ti~n. ewke wc6 re~in K awe t6e ~ne t~ be wat. a~d ~Av~wet mene~n ie t6~t 6e6df.
lc) Te p~y dl ~nd ~inRular lhe t~:p~ ~sK~mtsls, ltwip. lii~ilitiea, aod ~Wiptioe~ e~eq aqirt ro rid ae~eribed ~~peet~ eae6
~nJ everr ~vhen due and par~l~lr sreordinl! to 1~w~ be(~re ~beeoo~e ddi~quewt~ ted te ~eliver t~ tLe Mort~raRet e~ er be~ere M~rch
lSth of aeh ~ta~ t~: reeeipt• evideo~iwR ~be p~yw~eet of dl nll~ i~opo~ed tues tor t6e
pKeedinl~ talead~~ rnr; t~ indcrosi(r tLe
MonRaRee upon hi~ dcrosnd for •11 t~Y~~, asse~wnrnb ~ed tlwp tb~t ew~y be asua_•ed vpsn ~bi~ a~~Ap~pe en ~he ipdebtidner ~cenred
hercby. ~od p~i.l b~ the mortqRK, ~vithont rcp~d to aor la~r beeNd~re eaaeted or Aer~~fl~r te bt ~n~~trd impe~inR pqrment ot ~be
wrhole or anr p~n th~ren[ upon ~hc Mortp~ee,
(d) To p~~ ~it ~nd siaRnLr t6e cwu. ~ha~6e~ sod acpew~e~~ isd+~dias I~w~as' tce~ asd ab.tnct eoa~ na~ow~bl~ incwred ~rpu d n
ao~ tia~e br tlx MoriRaRee beeauK of the f~ilure en tbe p~rt ~f tbe M~rtpRor t~ periorm. e~pl~ ~+i~ wd ~bide by aeh u~d every
the atipulatiwr, aRnemeata. eondi~iona and covte~su o( Mid pe~siwoq aete ~nd this dee or eitber ~ed rrt
bear iAterat tnm d~te at tbe rue of ~rn r cestur+~ d` . ry we6 p~~oeut ~h~~~
P~ P~+
le) It i~ forther co~enant~d aed aRreed b~ s~idp~ rlie~ tl1~t ~ tI~E evept e~ ~ snit bti~R ia~titw~d t~ ~srre~la~e thi~ mortp~ tbe ~l~rt.
ID~6~ ~11 be ea[itlcd to ~ppl~ ~t ~n~ tiue pead'wR ~~ch fKSdwre aut t~ d~e cutt iuri~~ jwi~dieties ~eree( for t~e ~pp~isl4e~t
~ reoeiver ot dl and ~in~tnlsr tbe mortlt~ll~ Ar~+if. ~d d dl reat6 ioe~a. ?r+6y, iuuer ~sd re.~a~~ ~bere~f. frem ~IrtMe~er
wurce derived; and thereupon it i• hcr~b~ e:Praslr e..ew..ecd ud •~eed ~,be C.,K .b.11 ~•ril~«,;,b .~e;~ wnh
t6e rawl po~ren ~nd da~ira ef rerriven in like ere~; u~ ~ii ~p~ietmeal drll be m~dt b7 tbe eonrt M~ nuncr of ~Iriet ri~dN to
the M~[t6aaee. ~nd xithout rc(~ren~e to the ~deqtutr K is~deqre~ of tbe valne ef tbe proptr~y heKby moApRed. ot te tht wlveaey
K ioNIVMt~ ~f 1be Mnrt~~Rors or ~nr eth~r p~rt~ defmd~~t M s~eb wit. T7K M~rtp~or hMebr RpKi6esllt w~ivrs tbe ri~t co
~bjeet t~ t6e ~ppointment ef ~ recei~-rr ~s a(or~id awd berebl a~pre~17 c~nsens th~t ~h ~ppsirua~nt ~hall br made u~n •dmitted
eqnit~ ~od M• a~ttcr o( ~bwlute rid~t te t6e MKtp~ee ~sd ~Lt tbe wae ma~ be done wi~Mut eaiK t~ ~Iw 11[~rtoRor.
(f ) II (~reclwure preccedin~ts s6euld be imti~uted ~pirt t6e pr~peAv covered b~ tbir martpse rpon ~n~ other lies er elai~ wbctber
allesed to be saperi~r or junior to tlie lien ot tbis m~rtp~e, ti~e A[~rtpRee m~~ N hi~ option i~nm~d'ut~l~ upan imtiunion wrh
wit or durioR the pendeecr tbereof dec4rc t6is uRwtp~e ae~ t~e iedeMedsess ~ce~red hrnb~ doe u~d p~~abk (~n6..ith ~~d wwr
i4 optiop ~etced to for~cl~~e thi~ p~ortpRe_
Ttwt d~e Mortp~nr wi11 keep ol r~1 aad per~l prperq ~yw k beteJler epeumbrr~d br ~hc lirn o( this mertpRe iiuu?ed
a ma~ be required from time lo ti~se by tbe llbetp~ee ~piw~t !w b~ 6et. ~riednona ¦ed o~hrr h~ssrd~, ~~.ualtirw and eomio~tew~ie~
(~r ~oeh periodr and for eot Iw 1b~n sne6 ~a~~unb ~t re ~~irod bp tbe MortpRee ae~d to pa7 Pr..mpdr w6~n dre dl pr~mi~unr
(~r ~uch inwnnee_ The ~mounu of insanwee reqrirei b~ tiie Y~rtp~ee shdl be tl~e minimom amnu~t• fe~ wl~i~h wid inwr~nr~ shdl
be rrittes ~sd it ~Ldl be incombrnt upon tie M~rtp~ te s~i~in s+eb ~dditiend imwnmr ms~ hr nrcew~ to ~nte~f ~nd ~omplr
faU~ «ritlt a1! eainwneee nquircm~nu ~oMSisea is Mid rlieie~ t~ t1~e ~ed t~t tl~e w~d MoApaor i. net • e~siesnror thrr~un&~.
Innnace ~Ih be aritlew bY • compaas t~wia~ a~ ~rei .r de.;~s.~ed br d~e Me~R,sr. .~~i ~II a•li~:r. •nA rene..•Is ~heno~
~aU be rela 5~ t6e MorcR.Ree. All dn.iled de~ipNiw b~ tbe M~rtpier *rbicb sn ~eee~ .d b~ ~A. M~r1R~sn ~nd dl ~~rieeu
between M~rtp~or ~ed M~~~ee relainR t~ iaan~ee, ~inias ~r here~tter m~de. ~11 IK in •r?.an~ :wd ~11 be a~ui a/~dw
OIORp~ ~REqppN tl~YI~~ Y IINt~~II ~et ~MfI~ K~4~ blftiw wd ~11 pven bah p~eties h.r.~e ,~nd rMir ~seee.wn ~nd aaipu.
No liee ~~w aq d uidp~ lieie~ d inwra~ee K y~n a~~ rdw~d or retnrw p?eminm w6i~b ~w.~ be p.~~bl~ o~ tbe caneYllatioa ~t
tcnaiwtion tbered. ~U be Rivee to w~er ~Lu t6e ilerqpa~ee.~r p~~per ~n•lorr'mMt •ffi.~d ~n .ur6 p.?liryr ~ad ~~oved bf
Mort`a~ee. E.c6 p.1i~r ef iarunn~e dul! l~a~ce ~ea d~erq~ ~ JVt» Y~rk MonR.a•• 1'I~unr wit6nal f.oslribolies, m~kiaR
dl IoM er lw~e~ ~ude~ ~neh alie>y~ »ble tbe M~rtp~es M in i~tere~t m~r ippe~r. ip IIK ~v.nt ~ny ~um or ~um~ o( ~noner b~~om~
wr•ble ibereawder ihe Mos~R.Ree ~F?dl b~•e t6e ~ptiw 1~ reeeire ~~plr the s~me eq ~~rnunf o/ tl~• inrkM~eln.w hrr~br ~crqrrd,
or to penait tl~e M~rlpR~r t~ reeei~e ~sd we it, ~~y /~r1 t`ars~(. ~riti~ot therebr ..~i•int ~r imp~~rina ~a~ eanilr~ lies~ ~r riRht .
nnder u~ b~ nirtre ~f thi~ mertp~oe. lw e~eat d l~ K oiriral dous~e te thr tn~rlpRed pre~rf~ 111e MottqRO~ ~11~II ~v! i~p~q~.
di~~e w~tiee ~ee~n/ b~ a~il t~ tbe N~rt~Ree aad the M~r~psee ~r mske prosf ef le~ it the wne i• eec a.de pr«nqlr b~ ~be
. . aoac 156 PncE 25z -
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