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PROVIUED. A1.~VAYS~, that i[ the Mortaa~or ~hall psy unto the~ MartRaR~ the ind~hte~lne~e ~vidcnced br a ~
cettaia peomiaeor~ note o[ wWch the [ollawinR in Mrosds and 6~u~ea is a true rnpy to•wit: ~
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I /~aN~O~s /~O~i i
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~~1 ila~•~ Miami. Florida ~st~Y 19 ~ i
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i~i FOR VALUE RECEIVED w~.~0i1~ ar ~11I. promisetopay
, to the order o[ $u~l DiO1i j
; ~he principal sum o ••••DOLLARS. together with interest ~
' thereon (rom clate at che nce of ce~ percent.per annum until maturicy. both principal and interesc being payable in
~ lawful money of the Unitcd Staces at 203 Roper Building. Miami. Florida. or at such other place u the holdets hereof may
designate in writing. Principal and interest payable in iastallmeau as foltows:
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'1~is~? «30•~ DolLsr rae ~ast~ 1Kit~ias a~ 1M lsli iyr ot
~ ~d~w~e~ 1 ~ a~t ~oatiadtt~ at 1~~r lsil~ iqr ot ~wi~ a~i
~ ~n?~ aowiti va~il ~i~ ia hll.
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This ~ote may be prepaicl in ~~•hole or in part a[ter one year trom [he date hereot upon payment oE a penalty
equivalent to two percent ot the principal sum prepaid.
Each inscallment payment shall be crtdited tint on the interat due. and the remainder on principal; and interest
shall thereupon cease upon the prindpa! so credited. .
The makers a~d endoners of this note fnrther agree to waive demand, notice oE non-payment and protest. and
l in the event cuit shall be brought for the collection hereof. or the same has to be collected upon demand of an attorney. ;
to pay reasonable attorney's Eees for making such collettion. i
Deferred payments hereunder shall beu interest at the nte of tcn percent. per annum irom maturity until paid.
This note is secured by a mortgage oE even date hertwith and is to be construed and enforced according co the laws i
of che Sca[e oE Florida; upon default in the payment of principal and/or interat when due. the whole sum of principal .
and interest remaining unpaid shall, at the option of the holders, become immediately due and payable. .
John Meadowa ~5~~~
Annie Ma~y Meadows ~5~,~
and shall per(orm, comply with and abide by eaeh and every the stipulationa, aRreemrnta, coodi~iow and covenants of ~
said promieenr~ note and ~~f thie d'rd, then this deed ~nd the estate thereby cre~atrd ~hall cra~e and be null and void.
I. The Mort~a6or 6ereby covenants and a6rees:
To p~r all and sinRular tbe prioeipal ¦od imerut md Mher ~~nu o/ mane7r P~ld?it br ~~rtue o( .+~id promiswry nu~e ~~J Ihiu
deed, or eit6er. promptl~ on ~he d•r ~~~~~7 ~~~~~h ~O11tl d'K.
Ib) To pe?mit, commit or ~uQer no ~v~~te ~nd to ~qaiatau tbe ~mpr+ve~oeat~ at di times ia • a~te o( 6ood rep~ir ~sd c~nditi~n: and
to do or permit ~o IK done to ~aid premi~ea nothioR dut aill dter ~r e6to~e tbe we and ~lar~cier of ~id propcrt~ ~r in ~n~ r+ay
imp~ir or neaken the se~nritf e( t6is mortpRe. And in we ef i~e reto~l, se6ket or ~n~b~~~t7 ot ~be MertpRer ts rep~ir ~nd m~iat~in
said prope~tr. the MonR~R~e ~a~. at bis optien, mskt ~ucL rep~in or eao~e tbe sw~e t~ bt ~nade. Nd alvanet mone~~ in t6~t belul(.
(c) To p~y all ~nd ~inRular the ts:d. are~n~cnu, levia. liabilitid. and obliptioos o[ er~rf P~tnre ~o rid ie~eribed pr~pcrtr dth
aod everr whcn due •nd p~ral~le ~~~ordinR to l~a, be(ore t6e~ becen~e deliwquea~ ~ad to .dtlivcr the MortpR~e ee ~r be(ore M~reh
lSth o( eaeh ~ear ux rereipt• eai~a~inlt tbe p~nneM o/ dl I~Mlull~ iiopo~ed lues for tbt preeedinR taknd~r yar; te indemei(r tbe
Mort~Ree upon hi~ dcm~nd for sll t~xe~. a~w~menti saJ t6~r~ th~t m~y bt asaes_~ed upon t6i~ morip~pe oe the indebtednee~ ~ecured
herebr. ~nd ptid b~ th~ morlRaRK, r+ithoul reRird ts ~nr larr Leretsi~re easeted or her~aft~r ts I.e ~n~n~d impesinR p~rneet ot t6e
vnhole or any p~rt th~reuf upon thc MortpRee.
(d) To qr dl ~nd ~in~ul~r the co~u. eh~rRd aod tapea~d. iodudins )a~rren' fta ~nd ~b.tr~ct cwts reaw~ublr inconed or p~id ~t
anr tiwe b~ t6e Nert`~aee becruse of the f~ilure on the p~rt ~f the Nonp~or te periorm. eooipl~ ~+it! ~sd sbide b~ ach and every
t6e ~tipul~tioos~ •Rreemeots, condi~iona ¦nd cevewnu o( wid peomiwor~ eote ~nd ~hi~ dnd. or eitbe?. and ~~ery ~ueb p~rmene ~11
bear intenst from d~~e at the rat~ ot t~n per eeetum per ~enure.
(e) It is further ~o~en~nud ~nd aFreed b~ ~aid p~rties tb~t ia t6e eveat of a suit beiat iaqitutrd to (or~~la~e t6i~ mort6a~q ~be MKt-
~a`ee shall be entitled to ~pplr at ~e~ time pend~aR ~oe6 t~reelM+~e wit t~ tht ceuct luvios juri~dietios ehereof tor tbe aop~iotmeet
o( • receiver o( dl ~ad sinRnl~r tLe mortRs~ed Property, ~ad ~f ~Il reol~. ioe~sc~. pro6u. iMUe~ ~nd re.enuc~ tbe~af. from wdtNete~
source derived; ~nd ther~upnn it ir hereby ~xprtwl7 e.•ew~eted .ad ~Rrced tdt ~Le C.rr~ d..ll te.~M~~h •ppoia~ .ue~ ~eeei~e. .ith
tbe wwl powen ~nd dnti~~ ~f r.•~~~v~n in like ea~a; ~od wd ~pP~~nl~eal ~ll be m~de h7 t!M ~oaK a~ msttcr of Mrid riR6t to
the MortRaRee, u~d ~+ithout r~f~rrn~e to the adeqwe~ ~r iwdeq~ue7 of tbe value of tbe proprrt~ herebp moripRed, ar to the wlveeer
or iwolv~ne~ of the Mort[a~ors or •n~ ~1her p~rt~ drlee~d~st t~ suth snit. Thr Mortn~o~ hrrebr ~pKifirally w~ivt~ ILe riRh1 to
objeet to the appointmenl o( • r~~eiv~~ ¦s dorMaid u~d berel~~ a~prenlr comenu that ~e~h ~ppoimm~nt ~hal) br made w~n ~dmitted
equit~ ~ad ar • mstter of ~bwlute ri~tht to t6e Moripllee ~ed tdlt tbe samt may bt done wi~hout noti~~ te thr MenpRor.
II foreelosure proceedin~ts ~hould be imti~uted apiast tLe pr•peti~ eovt~ed b~ t6iu mwtp[t upnn an~ other liea or claim r+betbet
dlesed to Ix ~uperior or junior to the lien o( tL'u m~rt~l~e. tbe Mcrtpttee m~f ~t hi~ opli~n imm~d'ut~ly upon in~~i~ntion e( w~h
suit or duriaR the pendeecr th~r~of decl~re ~his mortp/e u~d t~e indebtedness ~ecured berebr dne ~nd pa~able t~rtb.rith awd ~wr ~t
ib optioa proeeed to ~or~~loK thi~ n~ortpR~-
That tLe MortpR~r ~rill keep ~11 real ~nd persond propert7 n~M? or ber~sf~er en~umbrr~A br Ihr li~n of thi~ mertpRe imured
u ma~ bt requireJ trom tim~ to tune by U~e Morip~tt ~(WASt lw b7 6rc. ~riaduorn~ ~nd othrr ha~urd~, ~~.na1~iM and ~wotinRes~in
for ~oeh periob and for not le~ tb~n sueh ~mouau as w~ `e eeV~~red ~p tbe Mo~tp~t ~nd to p~~ p?.•mpOr when due ~11 pr~mium•
~or sueh inwn~e. The ~mount~ of insur~nte reqrired b~ tLe Mort~6et sh~ll be the o~inimnm ~mnnn~~ for ..I~i~h s.~d in~ur~o~~ ~hall
be wrritteo ~ad it ~11 be intnmbenl npnn t6e Ma1/a{~ N s~iMaia sreb additiow~l imannr~ m~t h~ nKew?~ to mert ~od eon~pIr
(oll~ ~+ith dl co-imnnnre reqo~remrnu ~oauiaed in Mid pditie~ t~ the eed tlut tbe ~a~d ~'lorip[nr i• ne~ • ~o-inaurnr thrr~undrr.
Iroursnce ~If be ~+ri~tea br • ~~mpany er eompaaies ~ppro~ed er deri`a~ted br IIK Morts~[K snd all pnli~i«~ ~nd ttn~~r~ls thercot
~6a11 be 6eld b~ the MortRaRee. AU deuiled de~ipMti~ b~ tbe M~rtppr ~+hich ~re ~cce~~d b~ ~h~ Monnere .nd ~11 •RrK~ueou
between b/ortp~or ~sd Mertpget rdatinR b iuror~see. N~+ esiriin6 ~r hereaNer m~de. ~ 1 Iw in ~n~~~t sed ~b~ll he • p~n of 1hi~
moApse ~Reanent o tellr ~ tbeuth ~et ferth ~etb~tit~ heteia ~nd ~11 Ro~trs bo~h p~rties h~r.~o •nd tlwir wKe.wn and a~si~.
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Ne lia~ np~w ~u7 e/ widpe lieie+ oI irout~ee ~r up~e ry rdnad or retn~n prcmium whi~h ms~ br p~~sbl~ o~ t`e ~anrella~ion ~r
tersnin~lion tbereof. tiul) bt Ri~~n to otber tlue tbe bleetp~ estept b~~ Pteper ~nderaem~nt ~.`~n:~d ~n wur6 pnlir~ ~nd ~pproved b~ '
Mort~`ee. E~eb p~li~7 0l in~ur~nre slull b~se ~i:ed tbereto • Stand~rd TI~.. York Monuv ~ 1~uw •+~~hnm f.oatribmion, mdin~
dl low or IoMe~ and~r ~aeh pelit7p~ rablt te Ibe Mottp~es ~ ib iatere~t m~r aPpe~r. in 1hr ~~•nt ~er rum or sums of ~nonty be~~om~ ~
pal~ble tl~erennder the Mort~Ree ahall b~~e ehe ~ption te reeeive u~ ~ppl~ ~he ume en ~~~~~~nt ef ~h- inrl.M~d~ri. h.rnbr ~ecured.
or to permit thc M~rtpR~r to rccei~e ~nd we i~ K ~wr pWt tl~ere~l. ~it6ont thcreb~ ~+~i~ina or imp~~rin~ •n~ eWitr. li~nr er ~i~tht
under ~ad bp ~?inae ~f thi~ mortRs~te. in ~~ent ~f lor K~7siral d~m~Re ~o the matlqRed prop~?t1 ~ Mor~~altor ~lull ~nv~ in~rn~.
diate n~tiee tbe+ed 6~ mail to the Mort`aRee ~nd t6e MensaRre uu7 iu~ke proof ol Im+ if tbe ~me i~ n~t mr~k promptl~ b~ tbe
• ' BOOK 156 PACE J5J , r
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