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HomeMy WebLinkAbout2504 ~ PRUVIUED. AL~PAYS. th~t iI the Mort6a6or dull pay u~to the MortRaR~+e the ind~htedneee ~videncca by a eert~in promieeor~ note ot rvhich the followin6 ia word~ and figurea i~ a true copy ta-wit: , ' Ma~yo9. /Yo~. ~ ~ i~~~•~ _ Miami, Florida ~l~r1~ 19~. i ~ FOR VALUE RECEIVED ~1 ~uj ~/~llt. promisetopa~l ~ ui the order of ; cke principal sum o 1~00~ DOLLARS. together with interqj ihereon irom clate at ehe nte of ten percent. per annum until maturity. both principal and interest being payable in lawful money of the United States at 203 Roper Building. Miuai. Florida. or at such other place as the holders hereoE may I designace in wricing. Principal and interat payable in installmeats as follows: ; s~ssyr (t3o.oo) s.l1.a. ~e ~..tt t.~ rsti~-11~ ~ ~»wiiw wliu w M~ lylti ~y at ~ aN ~nrq ao~l~, ~ i 1~i~ as 1M 1s/1 ~y ~t iNr~s. 1~6i ~os~i~si~ ~ s~il 11M l~ iy et ysil. 14?~• ~t ~liM tia~ tlw M1rM j ~11 M~aM ~r m~t ~1t~• . ~ 1 I This note mry be pre~~icl in ~vhole or in ~~rt after one year Iro~n the .I:~te hereot upon payment ot a penalty ~ eyuivalent eo tMO percent ot the principal sum }~repaid. , ~ Each ins[allment payment shall be credited first on the interat due. and the remainder on pri~cipal; and interest i shall thereupon cease upon the prindpal so aedited. The maters and endorsers oE this nott further agree to waive demand. notice of non-payment and protest. and ~ in che event cuit shall be brought for the collection hereof. or the same has to be collated upon demand oE an actorney. co pay reasonable attorney's fees for enaking such collection. ~ Deferred paynients hereunder shall bear interat zt the nte of ten percenc. per annum from maturity until paid. This note is secured by a mortgage of even datt herewith and is to be construed and enforced according to the law f the State of Florida; upon default in the payment of principal and/or interest when due. the whole sum of prinap nd interest remaining unpaid shall. at che option of the holders. betome immediately due and payable. _~ggene G. Ghent (SEAL) , ~ Mamie Ghent ~5~~ ~ ~ i snd ahall perform. comply with and abide by eael~ and every the ~tipulationa, a~treements, cooditiom and covenanta of ~ said promiaeory• note and of thie dKd. then this deed and the e~tate-thereby creat.r.l shall eraee and be null aod void. 's 1. The MortgaEor 6~nby ~o~~~o~ ~nd a6rees: i To p~r dl ~nd ~inRal~r tLe prioeipd ~nd iaterut and Nhs ~rau ~f ao~~t7 ~7~bk bl ~~MUe of wid pr~miwory nvte anJ thu dceJ. or eit6er. promqi7r oa tbe d~~.re~pedivd~ tbe wne ~rrenll~ beeomes ~re. . Ib) To permi~ tommit or iu6er no .~ss~e ud to m~inuie 1Le impr~remeW ~t dl time~ is ~ at~tt of so~d rep~ir ud e~nditi~o; and to do or permit ~o be done to ~aid premise~ no~hiss tb~t ~ril) dter er eL~a~t 1be we aed ~Mrst~er e( wid prpert7 ~r ie ao~ v+~y imp~ir or r?e~lcen the ~c~orit~ e~ thi~ a~ort6s~pe. And i~ cwe of d~e refwl, oe~lee ~r ieabilit~ d 16e A[ert~~r ?o rep~ir ~nd auiM~ia said propert~. the MortRaRre n~r. ~t 6u ~p~ion, m~ke ~ocD repin er uwe ~be snne be nade. and ~doanee mone~~ in th~t bebalf. Ic) To p~r all ~nd ~inRular the u:e~, as~menu. le~ies. WbiWiei. ~od obliptiwM ~f ereq en+re .n ..id de.e~bed ~.pe~r a~6 anJ everr ~+htn due •nd paral.lr ateordinR to l~r. bdore ~bee~o~e deli~que~. ~ed to ~ddirer 1~ tbe MortpR~t euu or belore Mare6 lSth of ueh re~r ux reecipu tvidtDt~pR lI~! ~]~EOI O~ aII ull~ impwed tazes for the' PhoedinL abnd~r yar- te indemsit~ tbe Mon~Ree upon hi~ dem~nd for ~Il taxe~. weMmeab aed ebs~p tiut ouy bt ~tse~!ed upen tbu mo~tplpe en ~bt iadebtedsess ~ecured herebr. ¦nd p.;d br ~h~ m^MR~R«• witho~t rrprd to w) law berele~ort toatted on c~r~~ft~t te be ~n~~t~d imposisR p~rneat ot ~6e ~rhole or anr p~rt th~reof upo~ thc :NortpRee. (dl To pq all and ~inRubr t6e eo~u. charsa snd rspea~e~. i~dudiss lar?~' fees ~ed ab.tnct cow reMOnabl~ inctirred or p~id ~t ~o~ time b~ the MortRaic~ beeausr o( the f~ilure on il~e part d 16e ~~rtp~tor t~ perfonn. eoaipl~ ~ri1L ~ed ~bide b~ nch and every the ~tipul~tion. •Rreemeau, eonditionR and eo~eoanu o[ Nid p+siwor~ note ~nd tlus ~d. or eitber. ~nd e~ery we6 p~~nsent ~11 be~r interdt from date at the nt~ of trn per eentum per ~sonm- (e) It i~ (urther eo~enant~d ~nd ~sr'cd bY widp~ rtin t1~t u Ibe evest of a suit beieR iMtituted t~ f~re~lo~e t6i~ mortp~ tbc ]lwt- , p6ee dull be eatitled to ~ppl~ ~t ao~ ti~ne pendioR ~~eh t~red~wre nit t~ t6e cwn b~~i~s juri~dieti~n ebereof for the ~pp~iotmeet d• receivcr o( ~ll aod sia~[nlar the mortRaped Prope~sr, ~~t a~1 eenu. iee~sa. ProbV. wuea ~ud K"ea'~ ~6e~eai. f~em wi~eves ~ource derived; and t6creupnn it i~ hcreb7 espreMl~ t~vew~stea aed 16~t tbe G~ttt ~11 brtL"nb ~ppsint ~acb reeei~er with tbe osnal powren ~A~ d4lIM ef r~rriv~n in like eaw: ~~pP~ip~~~ ~1 h7 ~ conrt ~ a mattcr oi ~1rict tiRM to the Mort~{aRee. and ~+ithout rrf~rcn~e to the adeqwe~ ~r iwdeqo~cy of tbe ~dne ef tbe Prope?~7 l~e~Cby mottpRed, or to d~e wlvmer or inaolvener of the Mnrtp~or~ nr •n~ nther p~ut) ddeed~sl N sue6 suit. 7'he M~rtp~or bereb~ apeeifieall~ wsivta t~e ti~~ to ebjeet to tLe ~ppeintment of a rKeiaer u afortsaid ~nd 6erebr aepreMly eemenb that ~ach apooimaKnt ~hall br made u~n admitted eqnit~ and y• matter of ~bwlnte riRl~t to tbe Mo~tp~ee ~sd tVt tbe s~a~e ~w~ be done M~IIIOYI AOIItf ts thr Mortd~tor- II foretlosurt proctedin~ts ~hould be imti~uttd ~pirt t~e jr~peN~ eovered b~ t6i~ mortploe apun ~e~ other lien or tlai~n ~rbetber allesed to 1?e superior or junior to the lien of tLiu mo~tp{e. the Mortp6te mq at hir option imm~di~t~ly upon inuitution sYeb ~uit or durios the pendencr Ihereot decl~re tltis roortp~e asd tie indeb~edees. .cen.ed be.cbr d~K .nd p.~.ble f•nl~.+i~h ~nd ~r ~t iq optioa preeeed to for~rloK Ihis mortpRe. T6at t6e MoripR~r..+ill keep ol real ~od penssd pr~pert7 no~+ or her~Jter entYm6rrtd hr thr lirn of thi• mertpRt inwred as m~r be required from tim~ ~o ~i~ne br ~be Monp~ee a~w~ 1«. b~ 6re. wiodatorm and o~hrr has~rd~, ~~~ad~iH ~nd continRtoein for ~ueh periods ~nd (or not le~s Ih~n •~~h .meusu a. s.~ be ee~oired br ~be Mo.iF.~e .~.d ~o p.r P.~•~.p~r MtK~ dYe dl pr~miums for ~u~h insuneet The ~moun~s of imnnnce req~ired b~ ILt 1lert~~ee ~1~ be ~he minimem ~mwum• fnr whi~h wid inxu~~nr~ sh~ll be wrrittee and it ~11 be inenmbent opua tLe M~rtp~ te Mi~uio s~ch ~dditiwul ia~rnmr ma~ hr nrrwarp to mce~t ~nd con~ply follr ~+ith all caimunnce reqniremenu eostaieed in Mid Mlieies t~ the eud tlut tbe w~d ltortpRor i~ not a ~o-in~urnr thrr~undrr. Itiutance ~alf be ~+ri~tea b~ • eompany sr co~ies ~p~n~ed K desip~led br the MertpRer and all pnli~ien ~nd ren~w~lt thereo( ~ ~6d1 be held b~ the MortpRee. . All deuiled d~yipui~wu~ 67 tb~ 1~~+~i~~ wl~ieb are ~ccep~~d b~ th. M~n~u~Ree ~nd ~U ~Rrer~uenu ~l between Mortp~or ~nd M~rtpace relstieR Iiwn~te. Nw esi~tin` K here~tter m~de. ~1) br in ~+ntint snd ~6a1~ be ~ p~rt of tlfiu ~ mortp~t ~Reaneat ~ fullr M tlwnlth ~et i~rth ~ub~ti0 btrein ~nd ~1{ 6orero bah prt1H I~trMO ~nd t6eir wr~uwrs and a~sipn. No liea aPow ~w7 e1 uid p~ IIt~!/ O~ IMYfYt! N 1rA M~ ~Yad or retun~ preminin .rbi~h ma~ be p~~~ble oe t4 unrella~ion or termiaation tbereof. s1uU be pven to etber t6~a tbe N~rtp~e. ti b~~ preper ~odotsanrnt •16:ed tn we6 poli~~ ~nd ~pproved b~ m Mon~.`ee. E.e6 peli~r of im~rance ~hall h~se ~~ed tberel~ • Sta rd 1V~M York MortRsR~~ ( I~u~ wi~hoot Coetribution, makinR dl low or loMe~ aedt~ ~ueh Pelic>p~ >~ble te tbe M~~tp~ee ~ ib iMere~t m~~ appe~r. In 1hr ev.nt ~ny sum er ~um~ af ~noner b?rom~ pal~ble tbe~eunder the MortRaRee ~lull b~ve 16e ~ptiow t~ ree~ive anaa~p If t6e wme en a~~ount o~ t1~• indcMednrM ~errbr ~ecntrA. or to pern~it tbe MertRa~r t~ recei~e and u~e i~ ~r u~ pvt t~ere~f. ~n'twot ~herebr r+~i~inR er imp~irint ~a~ eqritp. 1ku~ or ri~thl ~nde~ ~ad br virtae thir mortVlte- In eveet ~f 1~ ~r p~7~ird d~ma~te ~e ~he morlplted preprrtr tbe MonpRor ~Full pv~ immt• diue nNiee tUere~f b~ m~il te tbe M~ripRee ~ad tbt ~I~r1NRrt us+y mske Proof o/ IeM if d~e ~a~ne is su~ m~d~ pr~mp~l~ b~ tbe ~ , B~x157 ~ 1G3 ' ~ , . . , _ _ r=~~~.~ ~.~„n ~ r;~s„~E~1,f~ _ ~ ~