HomeMy WebLinkAbout0340 PROV1llED~ RLIVAYSr th~t it tha Mortaaaot duU p~y ueto the MortRaRe~e ihe indebtednees ~videnced br a
Pr~~~7 0~ of ~rhic6 the [ollowie~ ia wurd~ and fi~v~ca u a t~ue copv, tawit:
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I FOR ~'.l1i.U E R~CF1VgD I p~~ ~o ~y
~o thc order o ~ ~e `+~1'
che rinci 1 sum oE_u~ • • • • • • • ~ ' ~
P P' DOL.I.ARS. tog~ther with interat ;
~ ~hereon from ciace at cht race of cen perrent. per 2nnum until matutity. both principal and interat heingpa yable in y
~ lawful money of che Uniced Scaces ac 203 Roper BuildinR. Miuai, Florida. or at such aher ptace u the holders hereof may ;
j designate i~ writing. Principal and interatpayable in uutallmmts as foUows: ~
' i~+~i~?-~tytr~ t~.00) Do22~s~ ~~!S b~imit~ aon 1h~
ISiia ip oP DNa~l~e, i~fi6, a~nd ~olinu~ia~ oa tb. 15tb diyr
O! MM !~i rhae,/ sOt~ 1~~ltis t~tt11 p~1~ ~1 ltitll.
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I This no[e may be preEr.+id in ~rhole or in part aEter one year tmm tlee date hereo( u~x~n ~~ayment of a penalty
~ equivalent to two percent ot the principal sum prepaid.
f, ~:ach installment payment shall bt aedited first on the iaterest due. and the temainder on principal; and inttrat ;
~ shall chereupon c~ase upon the prinapal so crediced. s
i The makets and endorsers of this note futther agroe to rvaive demand. notice of non-payment and protest. and '
I in che event cuit ahall be brought for the collection hatiwf, or the aame h~ to be collatcd upon demand of an attorney,
I co pay reasonable attomey's [ees tor making such eollatioa.
' Deferred pa~rmenu hcreunder ahall bear intesat at t6e nte oE ten percent: per annum ftom maturity until paid.
~ This note is secured by a mortgage of even date hert~vith and is to be oonswed and enlorced aaording to the laws
of che Scate of Florida; upon d~fauIt in the payment oi prindpal and/or intuest when due, the whole sum of principal
' and incenst ranaining unpaid shall, at the option of tbe holders„ baona~e ia4media:ely due and payable.
Claude D. James ~S~,~ ~ ~
(SEAL)
and shail perlorm. comply with and abide bp eec6 ~ad evtiy tbe stipulationa4 a~minents. conditiona and covenanta of
Raid promi~?r- note and of this d'ed, then lhia deed and t6e estate thereby creat.d shall crsae ~nd be null and roid. j
I. The 1HortRa6or 6ercby coveoants asd aarees: _
To par •11 and aa~~ul~r ~t~e prirc:pwi ~nd iaterdt aad ~tber ~utw .i m.oe~ p.r.6te by ~irtue o~ ~aid premisiory aute aad thu
dee~'. er eitber. ~o,oplr w, d.y. r~u~ar ~~~o~e se~r~ll~ bee~me~ dre.
(bl To penniy eemmit or s~et no wrute aAd to m~iutaio Ibr improvemew ~1 d! timb iw • sute ~f ~oed rep~ir as~ cMditi~s• and
~o do or permit to bc done to pid prtmi~es nothins t~t ~+il) alter ~r cL~s~e tbe wt ~nd ~l~ar~cte~ o~ wid ~
imp~ir or v+eakto tlie reearitr ~f d~u mon6aae. And iw cue ot t6e ref ~f er in ~n~ vay
uid Dropcrt7. ~he MortsaRec m7. ~t 6iu eptioe, auke s~ °O~~ or inabilit~ d ~be M~rtp~~r to rep~ir ~ad maiwia
repies er n~re tLe s~o~t t~ be aude. a~ adranet we~e~s ia t~t be~lf.
(c) To pq dl and ~inRnlar the nses, a~searment~. leaia. li~bilitir+. ~sd ~blipu~ ~i tver~ ~tve w rid Jaeri~ed ~~perty ue6
~nd sverr when due snd pa~d~le ~e~KdinR to 4w. be(ore t6eT baoa~e.delipueot~ aod to ,dcliver t~ tbe ld~rtp~et ew ~r before Naceh
I~th of eaeh reer tax reetipU cvideneinR tbt p~~eat o~ all I~~rfuU~ impwed tates for tbt
MortRa~ee upon hi~ demand for all U:c~. aw.rmet~q aed~ elar thu ou jK a~ed ~~~r ysar; indeiunilr ILe
is r n~on tbi~ a..tp~pe on the indcMednes. .ecurcd
herebr. ~nd psid br the mettpRK, ritkant rtFatd to aa~ larr Leeet~i~re tnatted or bettafter to bt ewttrd ispesinR p~~nneot of tbe
wrhole or ~nJ p~rt thereof upoo the Mo~tpaet.
(d) 7'e p~~ dl and un~ul~r the eow, e}ur6a ~nd upaNe~. i~dudina Lwrar' ~ees awd ab~tnct cow reasos~blT incarred ~r p~id ~t
an~ tiase b~ ~be MortRaRee becawe of ~he biluee os t6e part ~f ~6e lldat~pr t~ periornti eenpt~ ait6 ~sd sbide b~ e~e6 u~d ereqr
the uipnlatioes, a~trccmeata, eendi~ions and co~eeuits o! ~id ~rosiwoq oo~e ~nd tbi~ deed, or eitLer. and ener~r weL p~rneat ~b~ll
bear interest (wm d~~e a~ tbe nte of tea per ccruom per aawm.
(c? It i~ fnrther ~oren~oted ~ad ~Rrced b~ qidpa rties t~t iu tbe eve~ ~f • sui~ bei.R ierii~ued a ferertwe t6;• monp~e. tLe lt.n-
~p~tee sball bc eotided co ~pplr ~t ~n~ t;a.e pendin~ ~sc6 t~reelewee wit u tbe eeart lavi~~ juri~dieties eberee( tor tbe ~pp~intmeeu
sf ~ r«ei~ec o( dl ~ed ain~ular t6e mort6~~ ProR~~I. u~i ~t all sent~ iecosea. Peo6b. irYa asd re~tatit~ t6tre~f. tro~s v~e~er
sou~ce derived; and 1l~creupon i1 i~ berebr upressl~ a~ed ~wd ~~rced t6u tbe G~os1 ~6d1 l~stb~+i~ appeisl sacb reca~er witb
the wnel powcn aod dntia nf rKeiven ia like e~s; uJ Mid ~i~tneewt s6d1 be ande b~ 1be conrt M• outter oi ~trict riRht to
~be MKtRaReq and without refrren~c te tl~t ~dtqu~c~ iwde4o~ey o~ 16t v~lne e~ tbe ptopectf lierebr n~ortpRed, or to the ~olrt~cy
or inwlv?nc~ of the M~?rtp~on or sn~ et~cr p~rt~ dete~dut N soe6 suit. The M~rtlpator 6aeb~ apeei6eallr wsi~ea t6e ri~ht to
objeet to tiie appeintmeat a reeei~er ~s atorwid snd bereb~ apreNl~ e~meots that ~aeb appsiotmene ~6a11 6e made a~ an ~da~iued
eqnit~ ~sd ~r a o~~tter of ~bwiwe riRht t~ tbe Msrtpfee a~d tiq tbe aas~t ms~ bt done wrillw~t e«ire t~ the MeApRx.
(f 1 if loreelwure pro~eedin~ ali~uld be imtitutcd apirt the pr~pcrt~ covercd b~ 11uw m~rtFt~pe ywn ~eY otber lies or c4is? ~+belLer
~llesed to be superior or jnnior lo ~hc licn oi tLis e~«rtp~e. tbt MoApisee m~~ ~t hu eption ~~~o~d:.~ely upon iertitmion weh
suit or durie` the pendencr thereof deda~e tltis mortp~e ~d ~ie iedebtedsess ~.ed hertbr doe and p~rale t~nhwitb ssd ww~
ita optioa proreed to for~rlNe thia mortpRe.
Tleat the 1ltortp~or wrill keep ol ru! u~d pert~l pr~pe~ aw K be?rdter eaeumbrred br the lien oi ~i~ mortpRe insured
u r~uy be requircd (rom time te ti~ne by t6c Mortp~ee apieu lw b~ irt~ Mtp~lO(I~f ~Ad OtI1f/ ILS~rds. ~s~ual~ias and eon[sn~tscics
far ~oeh periods ~nd tor not leas tb~n suc6 ~a~ouau u ar ~tiired by 16e MortRa~tet ~nd to pa~ prumpdr w6en due ~11 prrmiuen~
for ~~xh insnnuce. ?he ~moonu o~ iauetiace requiee~ b~ t6e ile~tp~ee shdl be the minimam ~mount. for «r6ich qid inw~~e~~ shdl
be wr~ttes asti it ~6s11 be iecwnbe+~ 'yo, tLt Mortp~ u sai~uis sae6 additieMl im~nnee a may iw occewry to cnert ~nd ~on~pIy
full~ arith all co-iwunnce reqairte~uaU coNA~Otd ~D Mid p~lieies t~ d~e md tlut the w~d '.NortpRer i~ nM • ~aiowrnr thrr~nnder.
in~u~aace ~It I~e wrritteo b~ • compaes or com~uie~ app?o~ea ~r daip~yed b~ tbt MoAp~r snd sll p~?li~id~ ~nd re~ev.~ls thetto(
~haU be `e!d b~ the MertpRct. All deuiled de~ip~Miia~ b~ t6e M~rtp~or wrhieh areseecpted b~ tlK Mo~rtMRce ~nd dl ~Rre~n.cnu
~etaae Mort~pa~or ~od M~rtp~ re4tia' iwaraaee, Nw rsiu~A` R I~lfl~(fK Yl~dt. ~6a11 6r in ..ntins aad a~ll be a p~n of tliu
moirlpae as?eanent as tdl~ ~ t`on~h ~et t~16 ~erb~tiA 6ereis wd ~all 6ovtr~ 6w1~ p~rties hrrM~ ~nd tbeir aecpwn aad a~sipu.
No lien opow ~q sI ~aidp~ l'uier d iNwa~tt ~r ap~a ~wy rda~d or retnra pren~:ms ~+bieh m~~ be p~~~bte e~ 1~e caneeN~tion er
tern~imtion t6ercof. rbaU be Riren to otbet t~ tbe bortp~ esce~t b~~pr~per ew'arsemem aliied ts ~ncb Polic~ ~wd ~ppro~ed b~
Mart~s~et. E;~cb pdic~ of inunace thall base ~ed t6erdi • Sundard 1V~.. York MonpRK (:laur wi~boot Costribatisn, m~kiaR
~II iae or lo»es mder ~od~ p~:+c~p~
r~ble te t6e ~tertp~ee ia ;.cu+e.e ~,r .~e,r. Ia ~1K ~.~m .nf wm o. w,w .t ~oaer br+~o~„~
wrabk ~bennnder ~he fi[on~~,e ~6al1 lw~e tbe optioa t~ reoee~e ~ aPyly the same sn ~~~ount e~ thr indeMedsess Le~ebr ~eenr~d~
or te permit 1he M~rtpR~? t~ rceei~e ~od we it~ K arp p~t d~er~e~(. attwm tbereby waivinR ~r imp~irinR awT eqoiq~ ties~ or se~t '
un~Jer ~ed b~ rirtee ~t dtiw o~rtp~pe. Iw rreat ~f !w ~r pi„ird drmaRe ~a ~he ~n~rtRsRed D?s~y tAt N~rlpRor ~hd{ pvt iaaa~• ;
di~te Roticti t`e~e~f b~ a~il ts d~e MKtp~ee u~d t6e Y~rtp~pre may m~ke proef ~f 1~ i( ti~e wme is aet ~aade pr~mptl~ b~ tbe ~
• ~ ' • BOOK~e~O PACE 34 .
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