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HomeMy WebLinkAbout2893 i . , . I ~ ~ PROVIDF.D. AI.~AYS. t6~t i[ t6e Mortaa6or ~hall pay unto the Mort~aR~ the ind~htedneee ~viden~'ed by a i oertaia promiswr~ uote o[ which the [ollowin~ in word~ and figurea is a true copy ta-wit: i /~'~aN~~ ~O~ ~ 0~1~1~r 1r. t9 ~ ..r• : i.r MI'lIIU~ r'lOrldl ~ I 1 FOR VALUE RECEIVED e promise to pay co che order oE A1~h1iL' g. LbbiT ? che principal sum o DOLI.ARS. together with interat;~ chereon from date at the nte of ten percen~ptr annum until maturity. both principal and interat beingpa yabl~ in~~ lawful money of the United States at 203 Roper Building. Miami. Florida. or at such ocher lace u the holden hereof may~j daignate in writing. Principal and interat payable in installmeatt u follows: ~ n~ ~ w/i~ ~ts~ ~ N~ I~1? C ~t lM~1rr~ ~ Ni a~ 1M lf 1L i¦~ ~M w~ ~1t s1~1 r3~i L1 ll~il. This note may be prepaid in ~vhole or in part atter one year lrom the date hereof upon payment of a penalty equivalent to two percent of the principal sum pnpaid. Each instaliment payment :hall be credited fint on the inta+at due, and the remainder on principal; and interest ahall thereupon cease upon the prindpal so aedited. The makers and endorsen oE this note furthar agree to waive demand. notice of non-payment and protest. and in the event suit ahall be bmught for the collation htreof. or tht same has to be collected upon demand oE an attorney. ' co pay nasonable attorney's fets for making such collection. ~ Deferred paymenu hereunder shall bear intaat at tht nte of trn percent. per annum from maturity until paid This note is secured by a mortgage of even date hertwith and ia to be conswed and enforced according to the la of the State of Florida; upon deEault in the payment oE principal and/or incerest when due. the whole sum of princi and interest remaining unpaid shall. at the opuon of the holden, become irnmediately due and payable. Robert M. Carden ~sEn~.) ; Thelma E. Carden ~5~~ snd shall perform, comply with and abide by each and every t6e stipulations~ aRre~emtnte, cooditiow and covenant~ of aaid promie~n note and ..f thie dcrd, thca this deed tad the dtate thereby cnatrd ahall eea~e ~nd be null and void. 1. The MortgaEor 6ereby covenanu~ and aarees: (a) To pay ~11 ~nd sinRul~r tLe priseipd and ialerat and NAar ~um~ .t m.oe~ wy.b~e br ~~rtue a( ..id promiswry nute snd thu decd~ or eit6er. prompd~ on the d~1rs re~pecti~elr the wne ~everallr beeoma dve- tb) To permi~ ~pmmit or ~ulfer no rraMe and to maiataio ILe improvea~ent~ ~t d1 t~md ~s •~t~te of Roed re~ir wd eonditi~o: ~ed to do or permit to he done to raid premiaa not6ie~ tIW aill alter ~r eh~n6e- tbe - we ud ~l~r~rter of ~aid propcrt~ or in ~n~ w~y imp~ir or .+eakm tbe ~eeari~r ef thi~ moSt~ta~te. And in eue of t6e refwl, oeslett er io~bilit~ o( ~be MsrtpRer t~ rep~ir and owivuin uid propcrtr. the MortR~Rre at 6ii sptien, e~ake ~ocL repin or uwe tbe s~n~e ~s be ~+a.le. aed ~~nce mone~~ io t6~~ be6d(. le) To pay ~ll and sinRular the ta:e~. aMe~ncnls. Ievia. Uabilities. ~ud obliptioe~ of erer~ aatare ~e wd de~eri0ed ~~pcrtr neh and everr when due •nd pardde ~te~?~nR to lav?, bdort ~btt001t ~llqYtAl~ ~l~ f0 ~lI~Vlf N ILt MOfIpR!!t OA O~ ~Oft Ml~rch lSth o( ea~h ~ear t~z rereipu evi~o~inR tb~ p~pmeat o/ dl ull~ impo~ed u=es tor tlx preeedinR ulend~r rar; ts indemoi(y 1be MorlRaRee upon hi~ dem~nd ~or ~11 ta,ce¦. ~~~e~vnrnb tsd elnr~s th~t w~7 be ~sw-"ed nVo~ tby s~11~10~ on the indebtedneM ~ccuted 6erebr. and p~id by the m~rl~taRK, M~tF1001-~C~td l0 /D] I~M LERIOIO~E tnatted ar her~~ft~r t~ be ~nsrtrd impwinR p~pmeet of the wrhole or ~nr p~rt thrreof upon ~hc MortpRee. (d) To pq ~11 ~nd ~inRul~r tbe eo~u. eh~r`d ~od tspeo~e~. i~dud~ns 1~n7t»' (ed n?d ~b.tnct ewu rcasoeNblr incorred ~r p~id ~t ao~ time b~ tlx Nort6aiK becawe of the f~ilnre on tbe part ~f tbe Msrtp~ter t~ pcrform. eoo~plr ~+i~ aed abide br del~ ~nd erery the stipul~tioa~. •~eemeau, condition~ ~nd covenan0 ot ~aid proa~issoq nott ~nd thi~ deed, or e~tber. and ~~ery ~ue6 ~ratnt sbdl be~r iaterest (rom d~te at the rate of ~rn per centum pu ~asmo- (e) It i~ Iurt6er co~eoant~d ~nd ~~r~~d bT s~id p~rtits tb~t i~ t6e evcnt of • snit beinF inNilut~d t~ i~rKla~e this movt~~~ t6e al~rt- p6ee ~6a11 be eatitled to ~pplr ~n~ ti~ae pend~uR wcb (~reel~wre wit t~ tbt ceart lurie6 juri~dietien ebcreof for t6e ~pp~ieYnewi ~t • receiver o( all and ~inRuLr t6e mortpwed prepertr, ~oa d Jl reou. i~c~se~. Pro6n. N+ud ~wd ?aK"'K' ~bCre~. fca° M~I~evu ~ource deri~ed; and t6er~upon it i~ herr6r e:prasl~ N~e1w!!a ~ a~Etd tVl tbe Cwri ~II IselhMit6 ~ppoiot ~oel! reeti~tt .rith tbe oswl po~+cn and dnurs of ~~~v~n in like ea~u: ~sa rid app~ista~eat ~11 be en~ae b• ttx ~oart u~~nsne~ of ~trict ri~t to iht Mort~Ree. ~nd ~+it6out rcf~r~nre to the ~deqwc~ ~r iwdequ~er of the valot of tl~e proprrtr hereby mortpted, or to tl~e ~olventy or iawl~encr of the MnrtRaiorR or anr ntber P.~nr d~tmd.~ N sm6 snit. The Mortn~o~ Mreb~ ~p~rifirslly wiive~ t6e riRht te objeet to tbe appointment of • rrreirer u afonuid ~nd 6ereb~ aprerly e~twents that ~s~h ~ppointnKm ~hall br made a~ ~n ~dmi~ted equit~ ~nd wtter oi ~Molnte riltht 1• t6e Mertp~et ~ed t~st tbe sae~t teur be dene ~+idwu~ notir~ ts thr MsApRsr- (I) U foreclwure proetedinRs ~hould be imtitufed apirt tre pnpe~tr eovtred b~ thi~ mortpte apon ~n~ other lice or el~iw~ rrbe~l~er alleRed to Me cuperior or junior to the li~n o~ thu w«'tpFe. tbe MeripRee m~r n hi"s option imm~d'ut~lr npon in.~i~ntion ~re6 ~uit or duria` the pendencr thrr~ol derlarc 11us mortp~e ~wd tbe indeblednas ~eeored Mrebr dne ~nd p~~~b~~ /~rth.~ith ~wd mar at ib optioa P~oe'ed to for~rl~w this mortpae_ T'!wt tbe Atortpser .+il) kcep ~II r~d ~nd pers~ad prepert7 u~~+ or her~~(ter en'umbrr.d h~ thr li~n of thi~ mortpRe inwrcd a~ tnar be required Irom time to li~ne br ~6e ~1ort6ssee ~aiaN Iw~ b~ 6re. ~+indqorm ~nd athrr iu~rd~, ~~.u~ItiM ~nd cant~nReatih fer soeh periodr ~nd for nM Ins tlun such ~m~unn ~ s~7 be re9oired br tbe MoApt'e aed to p~y p?.~mpdr ~+hen due ~11 pr~mi~un~ n t ~or ~ueh insunnct. The ~mount? of insunMe reaairea b~ tLe Yortp~se Ehdl br Ihe minimv~n ~mount• fnr .+hi~h rr~d in~urane~~ ~Fnll bt ~If1[ttA ~Od it tball be incumbcM opon tbe llKtp~ t~ s~iWis soeA ~ddiliosd imnnnr~ m~~ M nr.-ewh te meM ~nd comply t (oll~ with ~II eoia~nnn~e reqnire~n~nt• coet~ised in wa Mlicies 1~ tLe md tb~t Il~e w~d Nertpior i. ne1 • ~o-in.nrnr thrr~uodr~. Imnrance ~It be ~+rittea b~ ¦ eompany e~o~/pie~ ~p~n~e~ daitP~ted b~ the Mpnn•~• ~nd all pnli~~e~ ~nd ren~«r~ls thercof ~hall be `eld b~ ~ 1NoetpR«. All dcuiled ae~i~ntie~ ~7 t6e •M~rtIP`et wbieh ~re. iecr~:+.! b~ ~h. Morta~are ~nd dl aRrerr~eou bet~reen MKtRa~or asd Mort`a~pee rd~tinR t~ iu~~rasce. N~+ eii~tins ~r berrst~er m~dt. ~ i~ in ~•~i~ne snA rh~ll he • p~n of thiu mortp~e ~Reanen~ u faU~ a tboud~ ~et (~rth verb~tim 6ueis aad slrll Rovers both p~rtie+ •••to •ed tl.~ir wrcer~ors ~nd nsipa. N~ liw opon ui7 d uidp~ litiei o( iewr~sce ~r npse M~ rdoed er ?etntn premium .+hieh m~r br p~~~bl~ o~ ~be ~~nctll,~~ion er tcrrain~lion the?eo~. s6d1 be Ri~en to otbcr t~a tLe Msrt~~ee. eseept b~ ?eper ~n~lnr~ern~nt •tb¦~d tn .u~h pnlir~ ~nd ~~oved b~ ee. Me~t6a~ee. E~c6 Poli~r of iwrr~n~e ~lull ~uct ~ea therao • Suoa¦rd York Mone.a•• 1 1¦u~. ..itbon~ f.oetribu~ioe, m~kinR ~11 low or loMes andtr ~ne6 pdie>p~ >~blt t~ tbe Morlp~ee M iY iNetert m~7 ~Ppr~r. Tn thr ~~•nt ~nr ~mm ~r ~am~ o~ ~nosty ~tom~ p~rble the?ennder tl~e Mort~Ree ~Full bave the ~ptiee t~ receive ~ad ~pl~ the wme en ~~ronot ef th- in~klu.rln.~.~ herrbr ~ur~~l. or a permit the M~rtpR~r ta teeei~e ~nd u~e i1. st u~ pwt tlwre~f. witi~ut tbereb~ aairint ~r imp~~rint •n~ eQaitr~ lieq~ K ~iRht rnder ~ed b~ virtoe lhir mortl~lo~. In eveai 1~ ~r ~7~'al d~ma~te to ~be ~n.nR.Red prep.nr ~he Mo~~.ROr .h.ll Ri,?e i~- di~te n~tiee t6ere~f b~ mail ti~e Mort6aRee aad tbe M~r~p~e ~r m~ke proof cf lo.~ if tIK w~ne i~ set ~.~k pr.malr b~ ~be r J so~157 ~~f !~92 ; -:C .:.~Y^ri„"~_~ r jY ~ 4 ~ y~, ' ~ - - S.~^c~ 9 ~ ~ ~ ~~`.vSS>, _ ~`~`~v _ ~4',_:"."e