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Home My WebLink About1378 t , _ i ~ ~ PROVIUF.p~ AL~VAYS. that iI the Moc~tsa6ar ~hall par y~to the MortRa~e~e the ind~htc~lorN rvidenced by a eertaia ps~omiwor~ aote o[ wWch the [ollowia; i.s ~?ord~ and 66uce,~ u s true ropy to•wit: ' J~Ia~~l9ti~ /YO~. ' ~ ~so.oo s- t Miami. Floridz _ x01I~b•r 5~ lg~_ I, FOR VAI.UE RECEIVED _ .~0~~~] ir~d Slyril~ ~nr~miyetopap i io the ordtr ot__g83i Fi` AdmA~i. ~j~l`'13pt~A ~ ~ ~hc principat sum of G~Y '1'?l~U:;~iD Z`~ ~TbL$~ IZF~r••••••••~.•.~p~~~ together with interat ~ ~ + ch~rmn [rom datc at cht rate ot ten percent.pe r annum until mat~rity. both principal and interest beingpa yable in ~ lawful money of the L:~ited Stata ac `O$ Ropet Building, Miami. Florida. or at such other placc u chc holders hereoE may i ctesignate in writing. Principal and interat payaDk in installmeats as follows: i ~:'~7~t~~ C~35•~ Doll~r•p~ r~oa0h be~inaiag oa the 15bh j d~ o! J~nuas~r~ 19b~j ~nd 4oatiania~ on the 15~b d~ ot ~~ch i xad n~ry so~a~hh tt~r~ai~er nntil ~aid ia i~ll. This note may be pre~wicl in ~vhole or in pa~t atter one year (rom the clate here~~f ~y~n E,ayme~t o[ a penalty ~ i equivalent to two }xrcent ot the princiµal sum prepaid. ~ i Each installment payment shall be credited [irst qn tht iaterat due. and the remainder on principal; and interat ' shall theceupon cease upon the principai so crtdited, F The maker~ and endorsers of this nate furtha agree to waive demar_d. notice of non-payment and protesc, and in the evtnt ~uit shall be brought Eor the colltction hertof, or the suae hu to be r_ollected upon demand of an attorney. i co pay reasonable attornep's fea for making such coUation. ' Deferred payaients henunder shall beas intemt at the rate of ten percent. per annum from maturity untii paid. This note is setured by a mortgage oE tvtn date here~vith and is to be mnsuutd and en[orced aaording to the laws ~ of the Scate of Florida; upon deEault ~n the payment oE prindpa! and/ar intemt when due. the whole sum of princip~I ~ and interat remaining unpaid shai{, at the option oE the 6oldetrs, become immediately due and payable. ~ ~ . Roosevelt Johnson ~s~,~ ! Sadie Johnson ~ ~sEni.~ and shall pcrfortn. comply with and abide by eacb and every the stipnlation~, aRreemrnts, condiliow and covwanls of - aaiJ promia~r}• note and uf this dKd, th~a thi~ dced ~nd the atate thereby cteat.~ shall eraee snd be null ~nd void. 1. The Mortgagor 6ereby coveaanu and a6reea: ~ (a) To p~~ al! aed sin`ul~r tLe priaeipd md interest ~ad ~ther ~rau .t ~o.oer ~r,bk 5y ~irtue of ~aid pr~miwosp oult ~nd Ihi~ deed. or eitLer~ promptlr ea t6e d~~s reapecti~d~ th~ Mme ievmll~ beeonw due. 161 To permiw e~mit or ~u~c~ .w .raae ~ad to mainuia tbe i~opnveaew ar al! ~ima in . p~1e ~i p~d rep~ir u~ c~nditi~o; and ~o do or permit to be doae ~o t~id prcmiw twthio~ t6~t aiU aker K tlvs~e tLe we ~ad ehar~eter of wid prpeei~ ~r in ~e~ r~r imp~ir or weakeo t6e scearitr ef lhiu morip~t., And ia cue o(' tbe refmal. ae~kct in~bilit~ d tbe Alert~Ror t~ rep~ir and a~ae~taia aaid propcrt~ tbe Mort~~t'e m7. ~t bu ~pu~n, auke ~oeL rep~in ~r c~a~e tbe wne ts be ewde. ud ~duawee mene~~ io tb~t be6dL Ic) To p~r all and •in~talar ~he t~:ea, a~aes~n~enta~ levie~. li~bilitie~. ~nd "ebUptioo~ ot erer~ suve ....;d ~ac.;bed ~r.pcnr eae6 ~nd evcry ~+hee due •nd pa~d~le aetordin6 to la~r, 6elore tLe 6eeome delipueal. ~ad to deliver t~ tbe ~lortp~ee ee ~r b~lore March 15t6 of uch ~qr u: reeeipt~ c~idencin~t tbe pa~ent o~ dl ~ullT i~apo~ed tazes tor tbe preoedio~ calead~r 7ar• te indemsifr tbe MonµRee upoa hii dansad for all t~xea, aMeaunenb aod e6u~a. ~h.~ m.y be aa.ea.•ed upon tE~e~ asrtp~pe on tbe indcbtedeess ~ccured herebr, ~nd p~id b7 ~ m~rtpR~e. ri~hont reaard to aAf Lwr bereb~~te twatted or hete~f~er te be ewetrd. i_posioR p~~ueet of t6e wrhole or aor p~rt Ih~reof upon thc MortRa~te. - ~ d 1 To p~~ dl and ~inRular t6e eoau. cbarRa aad espe~a. i~dudias l~w~ar' ftd ~wd aL.~mt cMb rcaNe~bl~ iacnrrea ~r p~id n ~n7 time b~ tbe 1Hort~Ree bce~u~e of the lailurt se tbe put ~f tbe M~rtpaor t~ perforny cuo~pl~ ~rith ~ed sbide b~ aeh ~od erery the stipui~tioar, •~~emeau, eonditions •nd eoveeaub a~ w~ pw~wiwoq eae ~ad t6is deed. or ei~bcr. rsd e~ery wt6 ~rmeut ahdl be~r inte~at fr~m d~te at tbe rate of t~n per eentum pet ~wsum. . (e) It i~ fnrtl?er eo~eaanted snd aRreed b~ s~idp~ r~iq t6~t ia fbe eve~ w/ ~ snif bei~F imtituted t~ f~rerlore ~bi~ morya~e, t1~e iy~rt. p~ce ~hall be mtitled to sPply at ~e~ time pesd'wR ~ae6 t~recl~wre wit t~ d~t c~art bavia~ j~ri~dictioo eLereef tor t6e ~p~intmest ef ~ reeeiver of ~11 ~ed ~ioRalar tbe mert6~11~ V~~~1. ~sd ~f all reaa. ise~se~. Pw6ty i~sue~r ~wd rerasnc+r ~bcreei. lrom wrVwrrer aource derired; and t6ereupon it i~ hereby e:prewl~ N~IHIWl~ aOd t~t tLt C~9tt ~lI ~~t1M+IlU ~PpO~el ~OlII flCtjrK wrjtb tbe ~rwl por.en and dntin ef ~~iven in lite ca~es; ~o~ r~id ~pp~i~ts~eAt ~q be made b~ tbe eoort ~s ~ mstter ot Mriet riRbt to the Mortp~Rce, and w~i~6out rcfrrcn~e ~o the adeqwer ~r insdeqn~cy of tbe value of tbe propert~ hereb~ a~oetpRed, or ts tbe wlrencr or iewlvenc~ si the MnrtpRonc o~ ~n~ e~he~ p~rtr drlead~st N sae6 suit. 17x M~rtRator bereb~ apeeiGesllr wsives tbe ri~t te objeet to't6e sppointment ef •?ereiver u Jo~id ~nd bereb~ a~pre~sl~ c~ewents tliat ~aeb appein~aKnt ~hall br made o~n ~dmitted eqwt~ ~sd a~ • auner of ~bsolute ri~t1?t to t~e A~ortp~ee asd 16N t6c saeie m~~ be done M~t~?OYf pN~~r te thr Mort~reRor, (f 1 1( foredo~ure RroceeAinp s6onld be imti~uted ~pirt tbepr •pett~ corered b~ Ibir mortp~~oe apon ~t~ ethet liee or el~io~ r.l~ber alle~ed to be auperior o~ juoior to tl~e lien of ttw m~rtp~t. tbe Mor~p6tt mar al hu option i~nmedinelr upnp inati~ntiow o/ weh anit or daria~ the pendeaer there~t decl~re tWs m~rtp~e aad tLe indtbtedecss ~ecored 6rrebr due u~d p~rbk (onh~+i~h ~nd ~t ib optioa preteed to forcrlNe this mortpltt. That t6c MortpR~r wrill keep ol resi ~nd perssetl pr~pcm n~~+ or 6ertdter eoeumbrr~d br ~IK lirn of ~his m~rtpRe insured sa ma~ bt nqnired Irom time. to tiine by tbe M~etp~et ~aitit 1w~ b~ 6re. MIp~tOr1O ~nd otbtr hs~nLs, ~~~ual~iM snd ~antinReo~ib fer ~neh periods aad for nw Ids tban suc6 am•ue» a. re .eQ.;red br i6e Mon~.~nee .~d ~o p.~ P.~.mpdr aben due ~11 pr~mium~ (or ~uch inwrarxt T'he tmonnl~ ot inwnace reqrired b~ tbe Yoripsee sbdl bt tbe minimtim amoum• for r+hitb yid imuran~~ ~hs11 Ii! V/fltltR ~9d tt ~~I IIt IIICW~IbtM YpOp fLC MMl~nf N~YM~IA ~1lII ~II~oYI im'nner u nu~ !K necpur~ Io mM ~n~) ~oa~pIr fally with aII to-iurunwct reqairemcnt~ eo~iwed in Mid ~+lieies N tLe tad tb~t tbe wid .llortp~tor i~ ne1 • rain.arnr eMr~undrr. Imu~aace ~lt be writ~co bj • t~mpaoy or eooip~nid approred er dai~ted b~ tbe 111srtpRe~ snd all poli~ie~ and renarrels thereoi s6~U be ~eld b~ tbe MortpRee. All det~iled daipiatiasr b~ tbe M~ttp~K wbicb ~re ~cc~pt~d by ~h~ MortRaRee aed d! a~ce~~eoq betwea~ ~f~rtp~or aed Nortpaee relatin~ t~ iewnece, se~r eaistia~ or hercJ~er m~de~ ~11 be in ~+ritina and ~6a11 6e ~ psrt o( thi~ mortp~e ~peemeoi d(Wl~ w t6on~t6 ~et t~etL ~erbatia heteie ~od ~II 6o~trs both p~rties hrrrto snd tbcir wcce~wn snd aNipq. No lien ap~w ~q ef widp~ tieie~ d inn~raaee ~r ap~a u~ rdu~d er retoro preminm .rbirb m.y b. p.r,ble e~ t~e uncel4tion o~ termimtion thereo(. ~lull be Ri.en to otLet 1bu tbe Msrtp~ee. ticeq by~ pr~per enJorrnnent ~I~ed ~e Ru~6 poli~r ~wd ~ypro~ed b~ Mort6s~te. F.~cb psliryr ot iroursn~e shdl 6asc iised tben~e • Stst~dard 1~1~w- York MortRrRn /:l~wr wi~boat Costributioe, R~ak1A~, ~!1 !aw or lwrea mder iuth pslit~p~ nble ts t6e Mwtp~es a iu iwtere~t m~r ~'pear. In tbr ~~.et ~n~ ~nm or sum~ o~ ~noeeJr ~om~. 3 p~1~bk tbcrcnndcr d~e MortpRee slul! 6~~e 1be ~ptiat 1e reeeioe ana ~ppl~ 1be s~mr en ~~roant o( th. indeMedn~w l~ereb~ ~ecnred, or penait t6e M~npR~r b rtoei~t ~ed we i~ ~r a~7 p~t tl~art~1. witL~ot tbereb~ w~i~inR ~r imp~irint ~e~ eqnitr~ lien~ or ri~tht ! ~ader ~nd b~ ~?inoe thiw m~rtp~pe. in ereot lw ~r ~L~sir~l d~auRe te ~he mer~~o.Red prep.nr ~be MonR.Ror •haU ~n~~ im~. a di~te notiee t6ere~f b~ owit te the l~t~rtpRee ~nd tLe M~rtp~s wNr m~ke proof el !ws i( tl~e suwe i~ .o~ m,dr p,e,,,plr br ~ ! ~ • d00K 1VO Pl~GE ~ ~O ~ . ~ - ~ ' - , ~z ~ ~F - ` ~~:ti: