HomeMy WebLinkAbout2289 PROVIUEO. AL~PAYS~ t6u if the Mort~a6or ~hall pay u~ta the MortRaRe+e the ind~hte:ci~eee ~•videnced by a
eertaia pmmisaorT note oi which the ioilowia~ i~ word~ and fiRurea is a t~ut copy ta-wit:
i
+ Ma~9o9. Not.
~ ~,s:~~4o s.ri..ti.~ :s ~
; i ~ Miami. Floridz 19 ~
~ t~ ~ ~~ia~l,~ aa~t ~~13~? '
~ FOR VALUE RECEIVED promise to pay
I, co ehe order of ~
j che principal sum o OLLARS. tc~gether with interesl
~hereon from date at the nte oE ten percent.per annum until raaturity. both principal and intetest beingpa yable icl
+ lawful mone~ ~f che Uniced Scaces ac 203 Roper Building. Miami, Florida~ or at such other place as the bolden hercoE ma~'
~ daigriaee in wrieireg. Principal and interest payable in iastallmeats at tollows:
~ d !in ~~~~.00~ DOzlai~ ~Nt~1 i+~! S9 ~e~t~1n o0~ltlta ~
;
lsli tq~ ~t M~rl aM ~~eaeth~ oa~ t~ lsth ~
~q ~t ~r?Mt1~, l~ii~ aa+~ t tmlil 1~ !~t t~ et .
I 0~~1~s~ ~!'ll~ at ~~11 ~~w ti~ ~?laae~ s~?11 1~~o~w dw +uM t
~
This note may be prepaid in ~vhole or in part aiter one year trom the dace hereoE upon payment of a penalty
equivalent to rwo percent of the principal sum prepaid.
Each inscaliment paymtnt shall be crediced tint on the inter+at due, and the remainda on principal; and interat
~hall thereupon cta~e upon che prinagal so crcdited.
The maker~ and endontrs of this note turthar agree to waive dtmand~ notice of non•payment and protest, and y
in the evenc ~uie thall be brought for the collation hereoE, or the ume has to be collated upon demand aE an attorney.
to pay reasonable attorney'a fea for making such collection.
Deferred payments hereunder shatl beu interat at the nte of ten percenc. per annum from raaturity uncil paid.
This note is secured by a mortgagt of tven date herewith and ia to be consuved and enforced according to the lav~n
of che State of Florida; upon de[ault in the payanent oE prindpal and/or interest when due. the whole sum of principal
~ and interest remaining unpaid shall. at the option of the holdeis, become immediately due and payabte.
~ Tealma Dawsey (SEA[.) 4
g
Georgia Lee Dawsey ~5~~ j
and ehall perform, comply with and abide by eaeh and evay the ~tipulations, aRnemente, condilions and covenanb of
said promi~nrv note and of thie de~ed, then this deed ~nd the eatate thereby CM81r1~ ~hall cra~e snd be null and void.
1. The Mort~agor 6ereby covenanta and a~reea:
(al To p~~ ~11 ~nd sinRular t}~e prieeipd and iaterest ~nd Nliar ~um~ et mone~ p.y.ble br ~irtue o~ ~aid promiuory nvte ~ed thi~
deed, or either~ promp[Ir on thc d~r reapectiveir tbe ~ame ~mll~ becoaia due.
(b? To permit~ ~ommit or ~u~er no w•aqt ~Rd !O ~7a1pl~~p !LE IAIp~YYtJDtAU r! all tiwer ia •~~ue o( ~o~d tepair anJ e~nditi~n; ~nd
to do or permit to I~e done 1o uid premi~a net6inR th~t r+i11 alter ot tLaa~e tbe are and ~lur~eter of wid propert~ or in ~o~ war
imp~ir or weaken the ~eeori~~ of tlu~ mottpge. And in eue of tbt relwtl. ue6lett or ioabilil~ ot !bt Merlp~tor Ie rep~ir ~nd nuiNaia
uid propen7. thc Mort~RK ~~r, ~t bia opii~n, o~.ke ~~ac6 rep~in or nme ~he an.~e ~e be oude. aad ~~net mone~~ in t6~t bebalf.
1 c) To pay all ~nd ~ioFul~r the taae~. sa~eismcau, levia. li~bilitie~. aad obliptiom sf evM a~tve ~s wid de~eribed P~~penr eaeh
anJ everr whee due .od p.r.l,l~ ¦ceo.d~nR ~o I~w. be(ore 16e~ beton~e deli~qutaf. ~ad ts dcliver q tl~e Mor/pRee ea or belere Mircb
l5th of e~rh~ ~e~r ta; re~eipt~ ~videneinR tht p~~nneat of dl larr(ull~ uopo~ed u:es !or Ihe preeedin~ calend~r yar; te indemeif~ ~Le
MortR~Ree upoe hi~ dem~nd for all ~a:e~. aiuerm~nb ~oJ t6~r~s tlut m~r be ~saea.~ed upon this ~oeAp~pe on Ihe indebtedwts~ secured
herebr, and p~id br t!M m.rrtplt~~,-,rit6out reprd to ~ny I~Mr 6ere~ef~re emeted or her~~fter to bt ~nstt~d impesinlt p~~mcnt of the
~rhole or anr pan Ih~reof upon ~hc MortpEee.
Id) To p~~ dt ~nd ~in~ul~r the cwu, eb~rRa ~nd lipEO~E{~ ~q{~Y~I~s 4MJlf~' (en ~nd ~b~tr~ct cost~ rt~somblr incurred or p~id ~t
•o~ time br thc MortRate~ bec~usr a( ihe failure on the p~rt of Ihe N~rtp~or t~ pedorm~ cooipl~ ~?ith md ~bide b~ aeh ~od every
the ~tipulatiooa, •Rreemeats, condi~ion~ and co~eaanu oi wid pwmiuor~ aote ~nd this derd, ot eitber, ~nd ~very Rue6 papment ~11
bur inte~at from date at the ~at~ of ~~n per ceotum per assum. .
fe j tt ia (unher ~o~enant~d and ¦~r..~d br ..id p.reie. ~b.~ ia tLe even! of • suit beisR inqitu~ed to ~orerlo~e t4i~ mortp~t. ~Le ~~rt.
~Rce ahall be entitled to applr at aa~ ~ieae pendiaR ~aeb l~redwre Wtit t~ tbe coort h~vis~ juri~dietion e6erea( (or tbe ap~imment
o( • rceeiver ot all ~ad ~inRnl~r t6e mort6a,~ed properir. aod all tmts. iac~seR, Pro6L, iy~ ~ad tevewue~ tbereaf. f~ao r1~NNerer
source derivcd; ind th~r~upoa it ir her~b~ ~xpre~sl~ nvem~ted ~wd ~`eeed tLu ~e C.~nrt ~6.11 fKthwi~h ~ppeim s~ rceeirer with
1l~e wual por?en •nd dutie~ ef r..~~iven in like ca~e~; sod wid ~ppointmtet s~il be eude b~ tbe eonrt u~ enstter ot ~triet riRbt eo
~ lhe MortpRee, ~nd withnut r~f~r~n~e to tht adeqwt~ ~r ;n.deqwer o~ i6e ~due ot ~he Proprny hercbr o~onRaRed, or to Ihe wlrtecr
or iewlv.ner of the tilnrtRUOrR or ~nr Mher p~rtr ddtod~ot N~u~h suit. The Mortu~tor 6ereby RpKifically wsivM tLe riRht to
object to eLe appointm~nt of • rc~ei~•er as dornaid ~nd 6ereli~ acprcNlr e•enents tbat ~seb appointment rhall be m~de u~n ~dmitted
eauit~ ~nd ~~~wstter oi absolutc ri~tAt to t6e Merip~ee ~ad t6qt tbc same ma~ be done without aoti~~ te thr MerfqRor.
(~1 I! foreelo~urt proctedin~ts ahould be instituted aisiwt tbt ~r~pertv tovered br tLi~ mort~~te upoe ~nr other lies or ef~im vbetl~er
alle`ed to !~e auperior or juoior to the lien of thu m~etp~t. tbe MortRsRae ma~ ~t his option imm~dut~lr upon iew~litntion o~ ~uth
~uit or durin6 the pendeeer thrrco~ deel~re d~is mortp~e aed tbe indebledness .eeu.ed be.ebr d~K ~nd p~~ble forth..;~h ~sd ~wr ~t
its optioa proered to for~rloK IF~i~ u~otlR~Rt_
(t) That tLe Mortpltor wrill keep ol rea) snd penowl properq aow or htr~deer eneumbrtrd h~ IAt lirn of this mortp~e insured
u ma~ be atquired from time to ti~ne br tbe Mortpde.e agaitil lw~ bf 6tt~ MIp1I~l0~f0 ~nd otlwr haaards, f~?II~I11N ~I~d cantinReetie~
for tach periods aed for not Iw th~n suth amoueu a~ ma~ k eeqaired by tbe MortpRee ~nd to psr Dr'•e~Ptlr ~rht~ due ~1) pr~mium~
tor ~ueh inwnnct. The •mounts o~ imuraa~e reqnind b~ tbe Yortp~ee dull be the minimom ~mount• fer r.hi~h uid in~ur~nr~ ~1y~~
be written ~nd it ~6a11 be inenmbem o~wn tLe M.~~p~ a s~iMaia sael~ .ddi~ion.l iruar~mm n~~~ IM n~~ewr~ to mert ~n~i con~ply
(ull~ ~rith all to-imann~e reqniremeo~s eootaiaed in ~sid p?litie~ t~ 1l~e tad tlut t!x w~d Mertpter i• ne1 ~ ~o-in~urer thrr~undrr.
Ir~urante ~I~ be ~rri~len b~ • ~ompan~ or eanp~nip a~p~o~ed ~r dai~ted b~ 1l~e MoetpRK and all pnli~ie~ ~nd ren~rr~4 thereot
.hall be deld br ~ MonpR«. All deuited de.i~sni.as 6~ Ibe N[ettp~or w6ich are seeept~d b~ th• MonRSRCe .nd ~U ~R?Mlblpu ~
between ~!artpsor ~ad MortRa~pee rel~tin~ iustirwee. s~~r tsi~ti~a or I~e~tter m~de, ~11 IK in ~n~~nt and ~6a11 be • p~n of thi~ '
morlp`e ~~reanent fullr u t6ouRh ~et ~erth ~erb~tim becsin ~ad ~11 ~o~ern both panies h~r.to ~ed ~beir ~weeasors ~nd asai~.
No lien aPon ~n~ et ~aidp~ lieid o~ iroun~ce sr It~A q1 fl~nnd or return premium r!?i~h m~y be p~~~blc o~ tLe cancelia~ion or
termin~~ion tbercof, dul) be Riven to otber tb~e tbe Msrtpi~ee. e:etpt br~ Pr~pe~ cnderaem~nt afFiied ~n ~u~b poli~~ and ~pproved b~
Mort6a~te. E~ch poli~~ ol i~uunn~e slull b~e ai:ed tLerdo • Shnd~rd 1V~.. York MonpR~~ /'I~u~ withoot Costribulion, n~+kinR
~tl IoN or lo~sa Qeder ~ucb pslie>p~ >iblt t~ t6e Mertpees M iN ioteral m~r appear. in 1h? ~••ot ~or ~um nr ~nm~ o( ~noner b?rom~
pa~~ble therennder the Mort~Ree ahall b~ve tbe epti~a te recei~re ~od applr ~he wmt on ~~~ount o( ~b• ind~btedn~ herrby ~ecured.
or to pernsi! the IK~rtpR~r t~ reeti~e and ure it~ K ur p~rt tLere~f. ~ritb~at tlierebr w~i~in~t or imp~~rint ~n) eqnity, lien+ or ri~thl
undtr ~od b~ ~irtue o( U~u mortp~pe. la e~ent ~f lor ~r p`~d d~n~sRe ~n the monR.Red proprn~ ~Ae MonsiRor ~11 R~v~ imnK.
di~te notiee ~beteo( b~ m~il to the M~rt~Ree and t6e M~np~q~e ~r m~ke proo( e/ lo.~ i( thr Nme is oet m.dr premp~lr br ~be
~ , ao~ 156 PA~E 486
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