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PROVIDED~, AL~AYS~ tbat if the Mort~aaor ahaU pa~ unto the Mortaa6ee the iadcbtedneee evidcnced by • .
oertaia promiMOr~ aote o[ ~rhic6 tbe IoUowias in ~rards ~ad 6gures is a true oopy tawit:
A~lart9oqs No~. - - I
s~~'Z¢~~ Miarai. Florida A~{1~t 19~ ~g~
~ FOR VALUE RECEIVED ~i~ ~~~~7 •NiY'~~ promisetopay
( to the order ot Mar~ orie L`~C 8• II
the principal sum ~x-~~I-I-ARS~ ~ogether with inter st
i thereon trom date at the rate of ten percent. per annum until matutity. both principal and interest beingpa yable h ~
lawful money oE che United States at 203 Roper Building. Miami. Florida. or at such other place u the holden hereof ~a y ~
designate in writing. Principal and interat payablt in installmenta as follows:
~~~S~jO•~~ DOllii'~ r! ~!a'O~l ~1~"1~+'~i~ (~9~ M1M~~~1'?/
so~? ~a tlu 1SiD Ot ~8~h aad rr~ aonlh ~!~M
if~ dq o! O~to1~ 1 , awd oa~tia~~t u~e?~1 ~4~~
1971~ a~ ob tia~ !t~ 1~alaao~
~ri~•
This note may be prepaid in ~vhole or in part atter one year Irom che date hereof u~x~n payment ot a penalty
eyuivalent to two percent o[ the principal sum prep•rid.
Each installment payment shall be credited iirst on the interest due. and the remainder on principal; and interest
shall thereupon cease upon the principal so credited.
The makers and endorsers of this note Eurther agree to waive demand, notice oE non-paymenc and protest, and
in che event cuit shall be brought for the collection hereof. or ehe same has to be collaced upon demand of an atcorney.
to pay reasonable attorney's fees for making such collection.
Defened paynients hereunder shall bsar interat at the nte of ten percenc. per annum irom maturity uncii paid
This note is secured by a mortgage of even date herewith and is to be construed and enforced according to che law ;
oE the State of Florida; upon default in the payment of principal and/or interest when due, the whole sum oE principa t
and interest remaining unpaid shall. at the opuon of the holders, become immediately due and payable.
~~~.vid i;e4~se (SEAL)
~:iiss Pe::~~i i~e~.rse ~5~~
and ahall perform, comply with aad abide by eacL and ev~y tl~e stipnlations, a6reemente, conditions and covenanta of
eaid promieaory note and of thie deed, then t6is d~ed and the estate thereby crested ahall ceaee and be nall md void.
l. The Mortgaaor hereby oovmanL and a6i~ees: , _
To pa~ all ~sd sinsuLr t6e~,~y~ and iater~st a~d ~ther srm~ ~t m~se~ pq~blt by .yrtue ei ~aid promiwory oatc and t6u
deed. er eitLer. P~PV7 en t~ ']~~s -iwre[tiral~ t6e ~~e ~a.enll~ become~' dsa
(b) To pesmi~ eommit or w[et w wL~e ud t~ miiotah tbe ispcr~em~ it all time~ is • rtate ot sood ~epair asd e~nditi~n; ~nd
te do or permit to be done to said premi~es ¦ tLat ~+ill dter K e6u~e t6e ve ~nd ~lrnetu of ~aid propat~ ~r in m~ ~+~y
imqir or wakea tbe seearit~ ~t tLb mortp is coe of t6e refwl, ne`leet or inabiliq qf t6e Msrtpaor te rep~ir ~od m~iotaia
wid ProP~+t7. t6e ~ortpsee wr; at hia ~ptioa. e~ke s~di r~pin er no~e tbe ~me b be made, and ~dv~aee moee~~ in lbat 6ehdf.
(e) To p~r all md sin~lar tbe tase~.' a~is~eat~; laries, liabilitia. aod obliptioa~ d eveq ~aiare on ..id de.cr;bea pr.perir e.c6
md e~er~ M6en dne aod p~rble ~eeerdin~ to larr, beI•re 6eeome delisqaeny and to ,delivu to tbe Mortp~ee on er betore 1Narch
15tb ot eac6 year tu reee~pu evidencins ti~e pqmmt of aU nll~ impokd tues tor the preoe~ ulcodar ~ar; to indcmoii~ the
Mortpsee np~n ~ dawnd for dl taua, wermen4 and eLu~s th~t m~~ be awased upon t1w oorip~e on t6e indcbtednen ~eeured
m
6etebr, and paid b tbe mortp`ee, writ6oat reprd to an~ 1an beretefere eo~eted or bereafter ts be en~eted ie~po~in6 q~ment of t6e
w6ole ~r ~a~ part reot upon the Mortpµe.
(d) To p~ all ~od sinsalar t6e eosb, `slur aod apea~. isdudin law~eas' ~ea ~nd ~bstraet eow reasoo~bl~ inearred or d~t
~a n pu
u~ time b~ tbe yleryasee beeaase ot t6e f~ilare en tbe paet ~f tbe ~ertpsor to pedorm, eemplr witL md abide b~ aeh snd e~eq
t6e ~Npalatioaa, ~reemeats, eondiliom and eovtaanb of s~id promissor~ note ad t6is dend, or eitLer. ~nd t~eq sae6 pqment ~all
bar Interert from d~te ~t the rate oi tea per eentwn per annum.
(e) It ia farther eveaanted ~nd ~sreed b~ ~udpa~p tL~t in tl~e event of • snit bein6 ia~titated te fsreelose tLi~ moctp~e, tbe M~rt-
p~ee ~ll be eotitled to ~ppl~ at ae~ time p~ndiu~ ~saeb t~red~wre Ntit te t6e e~wt luvi~s jori~dietioo eLered for tLe app~ielmest
~f ~ reoei~u of all asd sin~r tbe mortPi~ P~~P~+~7s and ~I all rentr. iauaa. Probt~. i~wa ~nd rera~~s tbeseaf, [rom ~d~tNe~u
waree derived; and tberenpon it i• Lueb~ ~prasl~ erea~nted ~nd ~~eed tL~t tbe Cwnrt ~6a1! f~rtbwith ~ppoint sacb reeei~er with
tbe asaal p~~ren aed detia o( reeeiven u like ea~a; ui ~ app~iotmewt drll bs made b~ tbe coart r~ mmer oi ~triet risbt to
t6e ~~rtp~ee. ~nd ~?it6oat reference te the adeqoaer er in~deyo~ep ot tbe valoe of th.- propert~ 6erebr mortsased, or to tbe wlvency
~r iaNlvene~ of the Mort6a6on or an~ otber p~rtr aetead~at t~ sne6 sui4 Tbe ~dertp6or Lereb~ speei6a11~ waives tbe ris6t to
Od~Ed l0 fbE ~~IDEOL OI ~ ftttriE~ Y i~9[E{~Id ~ltEL~ QpflMI7 !OMlAIi I~~ ~Olb lppOt~llmt0l ~Ll~I bE made u an ~dmined
eqait~ ~ mane~ oi ~bwlnte risht t~ t6e Matp~E ~ l~ lbE NQI! bE aODt Ml1IlOYi OOl~tt ~O t6e 11Rortp6or.
(f) If fertels~ore proeeedin=t shonld be io~titated ~pirt tLe pr~perty eovered br tLi~ mortp~e apos m~ ot6er lica or elain wLether
~lle~,ed to be superior or janior to tLe liea of tltia m~etp tbe ~iortp6ee m~~ ~t 6u option immediatelr npon inatitution ot snch
suit or darins the peudeoc~ t6creot declue this mortp~e ~ t6e indebtednew ~ecured 6erebr dne and p~~able fort6~vith and rw~ ~t
ib option preceed te foredwe tbi~ mortp~e.
T6at the Mortp~or «rill keep all ral md penooal propecp nw? or bereafter eneumbcred b~ the lien of this msH~6t ia~ured
v ma~ be required trom time to time b~ ibe ltoetp~ee a~aiwt laa b~ fiee, ~rindstorm ~nd other hazards, ea~wltia and contin6eocia
fsr weh period~ and for not las tban sneb ~m~~mts a~ ~ be eequired b~r tL~e Mortp6ee and to pa7 Prompdr wbe~ doe all premium~
tor ~ueh imannea 17~e ~monn4 0( imar~nee reqairod b~ tbe 1Lo~taa~ce ~ull be tLe minimam amounu ior wrhich wid insunnce s6a11
be written aad it ~6a11 be iaeambeat npos t6e lldortppr te avi~laiu saeb ~dditionll i~nranee u ~ua~ be necwaq to meet and eomplr
(all~ w~it6 all e?iowe~nee eeqairemeats eo¦taisea is Mid paiejes ~e tbe tad tb~t tbe wid 'd[ortpsor i~ oot a eo-iaanror t6creander.
Irouranee s6dt be written b~ ¦ eompany or com~niesappn
~aa ~t dai~ted b~ tbe Mortssiee ~od all~policies ~nd rene~r~h t6ereof
~6~11 be held b~ tLe Mort6a~es. All detailed da~~s~tiee~ b~ tbe ll[ortp~or wluc6 aceaaept ed b~ the Mort~see aod all ageenxnu
betwees Mortpsor ~od Mottp~eer~a~n~ t~ imtruee, aa? ~tin6 or 6ereatter m~de. ~{I be in writias and rhall be a part of tltiw
mort~se aQe~ment ~ tall~ ~s ttionsL ~et (orth ~erbatim huein md ~ll sovera bot6 partia berao and t6eir soccuwn aed assi~ns.
1Vo l~en npon to~ ~f ~aidpo liaa of insaraoee or ~on w~ rdmd or retnrn prcminm rrbich m~7 be p~~able aa tLe uncellation or
termination tbereof. ~6d1 be sivea to otber tban t6e ~dortp~ e=eept b~~ proper endonemeat a6sed to web polic~ and ~pprored b~
blortpsea F.~e6 poliep of insnranee shall 6~se a6:ed tLeceto ~ Standard New York Mort~a 6ee Clanse r+ithoot Contribntioq makin6
dl loa or loMa mder sneb polie>p~
>~able to tbe MoKp~es as ib interat ma~ appear. Ia t6e eveat an ~nm or smm~ ot ~noney beeome
p~~ble tbercander tbe ~ortpRee shall 6a~e tbe optios te e~eetire aod app
lr tbe same on ~eeonnt o( ~ indcbtedew hereb~ secured,
or to permit t6e Martps~t te reoeire ~nd we it, or an~ p~et tLeteof, ~riWoat t6ereb~ wai~ins or imp~irin ~n~ eqait~, 4ea~ or ri~ht
nnder ~nd b~ ~irtoe o( t6i~ mortpse. In erent of lor or pb~siral dama6e to the mortRa6ed propert~ tLe ~ortsaior dull ~ve imme
diate aotioe theteo( b~ m~il to the Mortpsee and tbe ~ortp6ee mq roake proot of Ioa ii ~be wue i~ oot m~de proroptl~ b~ t6e
BOOK 156 PACE 59 ,
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T 'x,:.~? M ai.-t'!'~`Sf f..w°»' ~ Y~ A t ve ~~f~. _
' S s~i'~ vac+d.-£i ~ 'Y '
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