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PROVIDED~, ALIPAY~, tlut i~ ebe Mort~or ~6a11 par u~to the Mort a ~
~~ee ~he i»deMe+lAtes evidcneeti by a
cersaia prarni~ aote oi wbic6 the tollowiai i~ ~rosd~ and baures a a irue eopy to-wit:
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; Ara,~qa9s /I?e~~ . ~
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` s_ 1~~~~ Miami, F1o~ida ~?Nb~' ly ~ ~
i~ FOR VALUE RECEIVED ~ MfM~~ __~isetopiy ~
'~~co che order i 831 t
~he principal sum o LLARS. together with inter+at
~ chereon irom dace at the ntr of ten percen~per annum uatil maturity. both prindpal and intuat beingpa yable in
lawful mone~ of the United Scaca ac 203 Roper Buildin& Mismi, Fiarida, or at such oeha place ~ the holders hereof may
~ designate in ~rriting Priacipal and interest payabk itt iastailmenb as foUoMn:
~
' ~n~l: t~ .oo e.u.s. .~.~s :.~e .o~..ti~s
~ s~.~i. .a tD. i ~.ut ~•o~~ a~w~1, 10
~ ~ tL~ lytl? i~y? ro?! i'cw ~ 1~i~7~ ~nd ~~!?~eo~ti~ ~l~b t~ '
1~ ot ,D~~s 19?~, ~It ~rl~isl~ I~iN 1~lr ~a~ ~all ~
~oe~~w .o~~~ - ;
Thu note may be prcp~i id
'ri wholt or in part after one ytar from the date hereof upon payment af a penalty
~ equivalent to two petcent oE the prindpal sum prepaid.
~ F.ach inscallment payment shall be creditcd iint on the interat due, and tbe remainder on print~pal; ~nd int~reu
~ ahaU u.ereupon ceax upon the prindpal so credited. j i
? The maken and endoners of chis noce funhar agree to ~raive demaad, nocice of ~non-pa~nnenc and pracest. and
j in che event ~uit ~ali be brought far the couation he~+eof. or the ~ame hu w be collated upon dea~and of ~n attorney,
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Deferred paymtnts henunder shall bar interat at the rate of ten percrnt. per anaum from maturity until paid.
F 7'his note is secnred by a mortgage of even date here~vith and is to be construed and enforced aaording to the laws
of che State of Florida; upon default in the papment of prindpal aad/or interat when due, the whole sum of principal
and interesc remaining unpaid shall. at the option of t~e boldas; become irnmediately due and payable. .
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Willie E. Hudson ~5~,~ ~ ~
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Cellia Hudson ~5~~ 1 j
~ 's
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and sha11 perfoiii~i; eoinply "witii aa~ abide by~eicb and~ev~~tLe-stipu]atioa~, a~uri~aents. ~conditions and coveaaab of
aaid promieeory note and of this deed, dten this deed ~nd the estate _t}~er~by creatnl ahall ceaae and be aa11 aad void.
1. The Mortga6or ~r~br ~o~~.n~. ,nd aareea:
To p~~ aq ~ad ~ia~olav tbe pri~eiDa! aad iaterest ~ed NLar s~w ~ sMef M7able b~•ictue ~ed
deed, ~e eit6er, promptlr oa t6e d~r rapecti~el~ t6e ~woe ~eo«sll~ bet~wea ~e. 7 P~~++~+7 wo~c aad tLi~
Ib) T~ pennit~ eommit or su6v oo x~te aad to maiatair ILe iopr~ve4saw q dl times i~ •~t~te d Nd re `
to do or permit ts bc done te ~aid pKmiw aot~~'o4 tlrt ri1! aitet ~r ~ ~~~~'~O' ~ '
imp~ir or weakew t6e ~ecrrit~ ~ dlis aNrt~s~t. Md tw ea~e d~e rt( ~ t6e re ud tltu~eler of Wed propart~ K ~O pA] ~rar
wid propert~~ tl:e MortpRee wr. ~t bis ~pti~n, ro~ke ~scL rep~in ~r u~
tic~iroe N~Leilit~ ~f tbe Mo~t~r t~ rep~ir and oyiwi~ ;
~ade. a~d a~awee ww~cr ia t6~t bcL~lf.
le) T~ p~r all md ~insntu the u:ea. a~waucou, Ieviea. Ii~bilities. aad eblipti~w ererp rt~r~e M wd ie~eribed
aod e.er~-rheo due .od y.y.ble .c~wdioR ~0 1..? btlfre ~~ec~me deli ~~nr ~b .
. wq~e~ aad ts ~ddi~rer t! d~e Msrept~pee ~w K betere Wrr6 ~
1St6 0~ aeh ~ear ta: rseeipta evidcneiaR tLe p~~eat e~ all d17 itnPwed 1aua. (or tbe p~eeedini uksd~r 7eu: t~ indemeit~ tbe ?
uksd~r
Mort~ta~ee upM !u~ dewan d for s1! ta:u. ieaa~ments as3 e6~rN dMi wy be ~ssa_~ed upon tbis tAOrtRa~e M tbe iadeMednew ~ecnred '
Lereby. aad p.id br.d~e m~nRaR~e~ wri~hoot rep~d t~ ~n~ Iaa;beeeNf~re eaaete~ ~r berc~fter be en~e~ed i~p~siwR W7~~ tbe ~
xbole er aar part thereaf apon tbc MortRaRee.
(d) To p~f ap aod ~iaRalar tbe e«~~. c~r~a aod espea~ear iadadis~ lsr?~• ten ua ab~tr~ct ewa raMe~biT incomd ~r d u
as7 time b~ tbe 1~[ortpltee bcc~we of the f~ilure ~a the et ef t6e 4[~rt u
t6e stipulatiooa, ~Rreen~eatt, eonditiona and eovea~~ d ptd ~e~e~wiaor~ e~it~~ad t~lus'
~ K ei~~ s~ ~~w
bear iuterpt (nm d~te ~t tLe nte of tea ceetum aa r~ ~yJ~
PK pa
n
le) Ic iu furtber e~•coanted ~nd ~~reed b~ widp~rt~p t~t L tbe evcst ~t a wit bei~ ia~titul~d t~ tKecl~se t6i~ o~ortp~ ~Le alwt. •
p~ce dult be cntitled t~ ~pp17 ~t +s7 tise peadir~ iacL t~ed~wte wit t~ tie cwrl `vias jori~dieti~w eLere~f tar tMe app~inloest ~
~f ~ reoei~er of aU aed siaRoLr t6e m~rtP/ed Prpe~ir. ~ai ~f al1 re~tt. ireNC~. N+Sb. iMUS wd reem~es ~ere~i. Ins ~r`rweoer :
wurce derived; wd tleereupoa it i~ henbr e~cpre~ly a.e•..eed a.d ap~eei ~Ln ~6e ~ri .6.p /.~bw;~6 .op.;.~ ..;d,
tbe wv~! pewcrf aed datia of nwircrs in like eaw; ~si w~ yy~i~tman ~ll be maae b~ tbe coort as ~ mu~tee ~f ~iet ri~a to ~
t4e btortpsee. snd aitbout refcrcnce to the adeqwe~ ~t iaadeqaer o( tbe vdoe tbe propert~ l~eby mortp~ted, K to ~6e whewer j
or iiwl~e~er d tbe MnrtRaRon or an~ ot6er p~rt~ ddtad~et N~e6 syi~ 'l~e ~l~stRsROr ba~ ~pecifiesllt r?aird tl~e riEht t~ '
ebjeet t~ tbc ~ppsiawocat a tecei~-er as atorewid aad Leteb~ espterly e~nseaet duit ~ecb a~intmest ~ball be o~de N~~dmitted ~
eqou7 ~ r a~atter of ~b~olwe riR6t ts t6e ~ertp~et ~1d tV1t tbe w~e nw~ be done aitlwtrf Nfier N the M~riPR~.
(f i tf f~reeto~ure p~~ceedin~t ~6enld be iadituted spwt tiepr~pettr coreted bp tii~r a?ost~Re ywn ~r ot6er Iie4 er clsiw~ ~„be~6~
alle~ed to be aupener or jnn~or to t6e liea ot tLi~ sNtp~e, t6e M~ttp~ce ma~ ~t Iu'a option imenedi~telr upso inuiauien d pKL
.o~~ e. ~4a ~~o~r ~~r ee~~.~e s.r~p~e ..i ~ie indc6ad.as .eewed 6errbr due .ad o•s~61e t.n6~:c6 ..d ~wr at
i~a ~pteoa pncetd to lsreclNe ~!w wer~p~
(s) ?bat tLe No~t`apr will keep ol red a~ P~~~ Pr~7 ow K 6ernitee eecumbr~ed b~ the lien oi tl~is ~n~rtp~pc ins»red
r mar be reqwired Irao time te tiu~e br tbe b[~etp~ee kaiw.~ 1«a b~ bre, ..indponw .nd otLe~ h~sards, nsualti~ ~nd c~ntin~ceo~ies
for soeh period~ awd for nw leas t~n ~oeh oa~~ow a~ sq be ee~ired t6e M s
fot ~nc6 imnnaca Tbe ~nounu of insnnece ~Aa to par P?omptly rben dre ai! pnmium~ ~
s~ie+ea b7 tbs 1[ertp~ee 1 be tbe minimwn ~meum• (wr .+hich wid imw?anr~ s(wll ~
be rrinea asd it ~6a11 be iocombeat open tLe 1lwR~{ar t~ ~aia a~e~ addilioMl innsv~ee ss ~aa~ Iw nectaurp te a~eet ~nd coa~pl~ ~
tdl~ ~rith a!1 caisrurance reqairemeeu cowi~ed is ~~slieias t~ tUt md tb~t t4e pid MeetpRsr u ~ot • eainwror ther~nn&r.
Iasnr~sce ~lt ~e ~rrittca b7 • eompaoj or ~ier ~r ~d ~r deii{~tea br t6e Mortp~per and all p.liriea aad ~enewab thereo(
~6d1 be Wd b~ tbe Mor~Ea~ee. All deuikd daripwiw Lj tLe M~np~or vhieb ~re~cee~ ed b~ tM MeriR,sRee ~nd dl s '
betwem MKtp~or md Y~rtpfee relatiw~ t~ i~woe. ww esLtia` ~r I~e~fta ~de. ~11 be ie ~+filiAt i/id ~~I • ~~u
a~1 0~ 1bN
~uertp~e ~~rease,u ldl~ ~s eLouRl, ~a I~ ~erbaie berciw ~si ~6~11 pns~ botl~ p~etirs l~crrt~ ~rn! t6eir a~eceron and a~sipr,
Ne liea yw uh ~f widp~
lieiea of iaw~rree K yN ~w~ ?do~i er ~ prra.iom wbi~h nu7 be P~~able N ~Lr eawcell~~ioa ~r
tmeis~tiow t6ereef. ~U be p.m to ot~er t6n ebe Hwt~~ e~eept~s_p?~per eadorseenrwt alRsed tw ~ue6 p~lin iwd spprsred b~
Mortp~ E~e6 pdie~ of iawnnce s6d1 h~ct ai:d t6eret~ • 5t~ed~ Tlta York Mortp~ f.l~usr witlroe~ Co~trib~ties. nukiaR
dl Iws er Iw~t~ wdc~ ~ucb pdiefp~ 1~blt t~ Ihe 1[~rtpp a~ it~ i~tespt ~aq appear. Ie tb' ererM ~e~ wm or aua~ ot n~ower b?rornr
W7~bk tbereasder tbe MortpRee ~6a11 b~re t5e ~ptiw t~ reeeire a~ sppl~ t6e ~ame ~~oawt ef th. indeMed~es~ hereb~ ~eeared~
or to permit the M~rtp~ t~ noei~e awd we it~ ~r p~tt d~erw/. ..i~i..~ ~ber~by ..a:.inR ir imp~iriaR ~~7 Mo~~7. lieu~ ~r riRbt ~
aader aod b~ ~irtoe ~f t6i~ o~etxs~e. Is e~t ~f iMt K~i~d d~re~~e ts tbe m~rtRs~rd pr~t~ tbe Msrtp~or shdl '
di.~e aNiea e~ere~t bs m.il u tbe I?t.st~+~ee aad die M.np~e .~.r m.ke proet of Iw it the aiwc is a.t aadc Pr«nM~r 6
~~bc +
~ ' 800K 16O PACE ~ 1 ~
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