HomeMy WebLinkAbout1666 PROVIUBD. AI,~PAYS~ tbat i~ the Mortaagor ~ha11 par unto the MortRaRee~ the i~dehtedaees Pvidenoeed by a
ce~'t~it~ pzomi~or~ note ot ~vhicl~ tl~e followin6 ip ~rurds and 6~rta i~ s t~ue copr to-wit:
/~'IdNlf~i~ IYO~ ~
I s 1~;ami. F~or;da No~rb~r 1~ 19 6b
FOR VALUE RECEIVED promisctopay
io the order o[ .TO~C;,1~.ri@ ~ZO~ , ~TlL3 @9
T
che pri~cipal sum oE ~~ye T~Q~a°~A ~uLdHd Xitt, D , together with i~terest ~
~ chereon Irom dace ac che nte oE ten percent.pe
r annum until matutiey. both principa! and interac being payable in
' law[ul money of the United States ac ;03 Roper Building. Miuni. Florida. or at such other place u tht holdtn hereof may
~ daignaee in writsng. Principal and incerat payable in iustallmeuts as follows:
a on
` Fift (f~0•00~ Dollars p~r son~h, for sizt~ (60) oon.e~aut~rn a~onth~, oa
~ the 5th da~ ot ~eab a~d nr~r1 soa~h~ be~ieafag oa ~h~ 15~h da~ o!
~ a8auar~? , i967 ~nat aon~ta~~ na«1 i5~h as~r o~ aanuu~r. 19ra a~
~~hiab tis~ i~h~ Dalsaa~ b~?ooas du~ s~1d pc~a?bl~.
~ This note may be prepaid in ~vhole or in part a[ter one year lrom the date herec~( upon paymenc of a penalty
; equivatent to two percent o[ the principal sum prepaid.
' ~ach irutallment payment shall be credited first on tht interat due, and the remainder on principal; and interest
j shall chereupon cease upon the prinapal so crediced. ~
! The maken and endarsers oE thu note further agree to ~vaive demand. nocice of non-payment and protat. and
M ia the event cuit shall be btought Eor the collation hereof. or the ume haa to be collected upon demand of an attorney,
co pay reasonabie attorney's fees for making such call~ction.
Deferred payments hereunder ahall beu interpt at the nte oE ten percenc. per annum from maturity uncil paid.
Thu note is secured by a mongage of even date bertrvith and is to be construed and en[orced ~ccording to the laws
of che State oE Florida; upon default in the payanent oE priaapal and/or incaest when due. the whole sum of prindpal
and incerest remaining unpaid shall. at the option of the holdtn, btcome imaaediately due and payable. .
Alice 6achery ~5~~
1 ~5~~
•rnd ehall pertorm, comply with and ab~de by deh anA every the ~tipulatione, a~treemrnt0. conditiow and covenanb of
eaid promirw?n note and of this deed. then this deed ~ad the e~t~te thereby crra~rd shall eraee and be null and void.
1. The Mort~a6or henby covenants and a6rees: _
la) To p~~ dl and ~inRular tl~e priseipal ~nd interest u~d ~tlur smu ~f m~ae~ p~~able 6f airtue of ~aid promiaory no~t ~nJ thiu
dced, or eithcr~ promptlf on ibe d.ra re,~ec~~~dr ~be ..me .e.enll~ beeowo. due.
!61 To permit, eommit or ~u~er no w~ae ~nd ~o mii~uin 1be impnvcment~ ~t ~11 limea in • u~le e( 6ood rtp~ir ~ conditi~o; and
to do or permit ~o F~e done to ~aid prcmi~n notl~in6 tlut ~+ill altet or ch~n`e tlie o~t ~nd ~hanc~er of wid propeet~ ot in ~n~ raY
imp~ir or weaken tbe ae~nri~~ ot thi~ inorl~~te. And in cue e( tbe refwl~ sesleet or inabili~~ o( tbe M~rt~ta~tor t~ rep~ir u~d mai~uio
uid propen~. the Mort~Rre ~t 6u option, make ~ae` eepin or pwe tbe ~a~nt t~ be made. awd sdvautt mone~~ io t~t be6~lf.
lc) To p~r dl ~nd ~inRul~r the ~axn, wea~meats, levies. li~bilitie~. and obliptioe~ sf even n~trre oo ~id dacribed pr~party e~eh
~nd erery ~rhen dne •nd psral.l~ ae~ord'enR to lawr. bdore t4e~ beeoa~e delioqueal. ted lo ~eliver t~ the Mort~ptRet oa or bc~ore M~r~l~
15tb of qeh year u: reee~pls evidcaeiuR II~t p~pmtat of dl lavfull~ impe~ed ta:es ~or t6e preoedios caknd~r yt~r; to indemeify tbe
1~tortRaRee upoe his dcmand for sll ~a:~~, syewncnts and eh~rpr that rnar be ~ssa.~ed apon tliia mor~~s~pe on tbe indebtedaar ~ecurod
hereby, ~od p~id b~ ti~e morlpRCr. :.i~~aut reprd to aur bi~ beretef~re eeaeted or her~aft~r te 6e e~ue~~d impwioR p~pneot o( ~6e
~rhole or mT p~rt thereaf upan the Mo~t~Rec
Id) To p~f aIl aad sioRul~~ tbe cosu, elurRd aod espeasq~ ududina Inr~en' ~ea ~ad ab.tr~ct cwt; nawaabl~ ioearred ~rp~ id at
an~ time b~ tht Mo?1pRee bec~use ot the f~ilnre on tbt p~rt d the ~~tip~or to pe~foruy coe~pl~ wit~ md abide b~ ach u~d e~ery
tbe ~tipnlationa~ ~eemeats. eonditiona and cocenant+~ ef ~aid ~roo~iwoqr note sad tWs dc~d, or eit6eq ~ad c~ery we6 pqment sbal~
bear intereet from d~te at the nte of t?a per ecn~um pu ~aaum.
(e) It is funher eo~etuated end ~~rced b~ ~aidp~ rtid tb~t ia tbe eve~u o( a suit btiaR imtiiuted te (orerlaK t6i~ mort6a~e~ tbe lYtort.
u
~aRee ~hall bt entitled to ~ppl~ at ao~ time pendinR soc6 (~redowre rait te t6e court lyrios jnriwdietion ebereof (or tbe ~pp~iotmeot
af ~ rtcciver o/ ~l~ aad ainRaLr tLe mert~~ed Prepert7. ~ad all renU, ieeetie~, yro6b. wua snd revenre~ t6creal. trow .~6wee~c~
~ource derived; and thereu~on it i• hercb~ espres~l~ e~~a~uted ~ad ~~rced th~t ~be Ce~trt dull lort6wri~6 ~ppoiot ~oeb receiver wit6
t6e waal po~ren ~nd dutin of r'•~~ivtn in like earn: ~~d ~aid ~pp~ietmcnt ~6d! bt rn~de br t!x ronrt u~ matter oi prict ri~~ to
the MonRaRee, u~d ~+it6out re(rrcnce to the adeqwcr inadeqo.cr ot i6e value of ~e proprnr herebr mon~.Red, or ~o the iol.ency
or inwlr?nt~ of the Mort~Rora or ~n~ olher part~ detend~ot N sut~ wit. The Mortp[or 6e~eb~ speci6eallr wiives tbe riRht te
object ts t!x appointmmt of s rc~eirer at dorrsaid snd 6ereb~ a[prdsly cansents that ~ncb ~ppointmcm ~hall be made u ~n admined
eqait~ ~od u a nutte~.oi absolute ri~tl~t te tbe Mortp~ee ~nd t!~ the saae ~as~ be done M~IIMYf pOt1« ts thr MonpRor.
(t) If foreclwnn proe~edin~s ~hould be imii~uted apirt tbe pc~pert~ covered br 1bi~ mort~Re qpon sar othtr lien or tl~im abetber
dlesed to Ae anperior or jneior to tht lien of d~u a4Ktp~e. tbe MorlpRet mq ~t hik option imn~ediatrlr upon in~~iu~tion e~ ~~~h
~uit or durinR the pendencr tlKreof deelarc this martRs~e and tbe indeb~edncss ~eeured 6erebr due and p~~~ble f~nb~+ith asd n
it~ optioa proeeed to lorr~le~e rhi~ mortpRe_
(6/ Thu tbt Mortpiaor wri!! keep a11 red and peneod properi~ nor or her~dter encumbrr~d h~ th~ li~n of this mortpRe in~ured
~s m~r be requireJ irom time to ti~ee br tbe Monpsee aaaimt Iws b~ Src. r+indatotm and o~hrr hanrds, faFOaI11M iod ~anlinReecin
(or sneh periods and for not lew than su~h .meun~ « m.~ Le rrq~ired br d,e Mon~,~ce .nd ro Par p...mpdr .+tun due ~11 prrmiums
ior ~u~h inwnnce. TF~e ~mounts ot itiunn~t reqaired b~ t6e ~[ortp~ete ehall bt the a~inimum tmount• fnr whiet. said ieaur~n~~ ~hal~
be written and it s6a11 be inenmbeM npon t6e b(~ttppr t~ ~iol~in s~eh additio~ul in~unn~~ m~Y M n~rew~ to inee~t end comply
fa11~ wi1li to-insunnce reqoircments ~oouiatd in pid p~Ueie~ ts the tad ~lut the u~d ~IortpRor i~ net • ro-inwrnr thrr~undrr.
Imaranee dulf be ..rittea b~ ~ eompan~ or eomp~aia ~ypro•ed k dai`s.ied br tl~e 3tonRsRe. and all p~.li~ie~w ~nd rtntrrdt thereof
~6a11 b' 6dd br tbe MortpRoe_ All deuiled deri~ioe~ b~ tbe 11/onp~ot ~rbic6 are ~cccp~ed b~ ~h~ Mort~taRCC ~nd ~U a~tre~lucnp
betwetn Mertp~ot ~nd ~lortpaee rel~tinR t~ ia~or~nct~ e~M pti~tin` or heredter aude. ~6r11 br in ~+n1~nR and adll L! ~ p~tt o/ t]~i~
iaortp~e ~peanat: a~ fullr r t6ou=h ~et fe~tl~ ~erb~tia hereia wd ~1) ~o~ern both p~rties h~~~to and ibeir mceawrs am! awi~u.
No lien upon in~ et ~aidpo licie~ of inwrasce K upoa u~ «(nsd or retutn premium ~,rhich may br p~~able oe tbe unrellation ot
terminnioa ~beroof, a6dl be Riven to otber tlw tbe Nort~~ e:tcpt br~ proper eodorrem~nt ai~ed Ie ~uc6 poli~~ ~nd ~pyroved by
4~ortse=tt_ F.~t6 ¢els~r 2[ il~~ranre alul) hat~ ilised therdo • SUodrrd 1V~.. York MortRaR~~ f.1~uRr ~ri~hoot.Coetribu~ioa, m~kia~
~11 low or loMe~ and~r ~ne6 pelit> >~ble te tbe Mortp~ee n iU 1Aterpt m~r appear. In Ihr ~~~nt ~n~ ~nm or ~nm~ o( ~noner br~om~
~
pal~ble tbe~euwder tl~e Mort~Rec It luvt t6e optios te neoei~e ~nd ~Pplr the s~me on ~~~oun~ o/ tb. indeblederss lurebr ~teu~td~
or to pcrmit the M~rtpR~r t~ receive ~nd ~ue iy ~r ur put t~e~f. wit6~ot tl~ertb7r wai~inR or imp~irinR •a~ eqni~y. lien~ o~ riRh1
under u~d br ~rirtne thia mortprpe. In e~eat ot lor K o6rirat damsRe to the monRSRed proprrt~ tbe MoM~taRor dull ~nvr imm~-
di~te notic+e tbcre~t b~ auil to ~he MertAa~ee iad ~e AAort~p~ue oN~ m~ke proof of low ii ~hr wme ir eot m~de prompdy 6~ ~be
. BOOK 1~~ PAfE 464 .
~ - { _
~ 3 ~ ` . : '
~ : ,e = `~9
' _ '~_~,~~£y ,
- ~~~x ~
r ~:a_=