HomeMy WebLinkAbout2133 PROVIUF.U. AI.~PAYS, that i! the Mort6a~or ~ha11 pay unto the Mort~a~e~e ~he iadlbtednees rvidenccd by a
certaia pramiswq aote o~ which the toflowia~ i,o „rords,u~d 6~,re~ iu a true copr tawit:
~ j~
~f/a~qoqs Nol. ~
~ s i~~~~ . Miami. Florida I~M~r 3 19 6'~ ?
' FOR VALUE RECEIVED W~• ~O~t~T ~ N'~'~1~13,~ pro~~~o~y
eo the order o
chr prencipal sum oL LLARS, together with intetejt
chereon~ from dace at the race of ten percent. per annum uncil maturity. both principal and interesc beingpayabie i ~
~ lawful money of the Uniccd Saces at 203 Roper Buildit~g, Miami. Florida. or at suth othet plaa u the holden F~ereof rn~j?
! designate in tvriting. Principal and interest payabk in in:tallments u follows: -
' TYSa~y-Fit?~ C~25.00 llollars r aoath de ~
;
Qay ot deauas~~ ~96 ~ ea~ aoat~i.~nia~ oa bb~
1~~ a~ ot~~~oy
sad ~tery ~onZh t~traattsr natil paid is le~l.
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This note may be prepaid in wl;ole or in part aiter one year trom the date hereof upon payment of a penalty
r equivalent to two percent oi the principal sum prepaid.
~ach installment payment shall be credited fint on the iaterrst due, and the remainder on principal: and interat -
~ shall thereupon cease upon the prindpal so credited: ~
; The makcrs and endorsers of this note further agra to waive deanand. notice of non-payment and protest. and
I in the evtnt ~uit shall be brought for the cellation htreof. ~r the same has to be collated upon demand oE an attorney. ,
co pay reasonable attornty': [eta for making such coUation. i
; Deferred payments hereunder shall bear interat at the nte oE ten percenc. pu annuan from maturity until paid.
This not~ is secum: by a mongage of even date ha~twith and is to be construed and enfoned according co che la
of che Statc of Florida; upon detauit in tht payment of priaapai and/or interest when due, the whote sum oE prina
anc! interest remaining unpaid shall. at the option oE the hold~ra. becomr iramediately due and pay~ble. .
Jar~es S'•:ii,e?'i ~SEAL
~:S~ilci' :~?`l~LI'1
(SEAI.)
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and ehall perform, comply with snd abide by ead~ and evuy the ~tipulation~. aRrremrats, condition~ and aovenant~ of ~
eaid promieeory notc and o[ thie deed. then this dcea and the dute thenby cre~at.Kl aha11 cr~ne snd be null and void. ~
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l. The Mortga6or hereby covenanb and a~: _
1~1 To p~r dl and ~in6u[~r tLe priaeipd ~nd interen ~ad ~thar iuau d m~aef p~y~We b~ cirtue af ~aid promiawry no~e ~nJ tbii
deed, or ei~6er, P~omql~ on d,c d.r. re.pec~i.dy ~..o.e .e.er.lt~ becoma. due.
Ib1 To permit, eommit or auQer no wute ~nd to maiataia 1be impro~emeAt~ ~t aU timea is • uue oi `oed rep~ir uJ c~nditioo: wd
to do or pern~it to bc done to ~aid premises nothios t6~t ~rill r1te~ or cbaa~e tbe we wd ~lur~cter o( ~aid propc~f~ ~r in ao~ raY
imp~ir or Mt~lA the ~ceqritr o( this mort~aRe. And ie ca~e oi die rcGw1, atslect or ieubilit~ o( tbe 11l~rtpy~or t~ re~ir ~nd ouiwin
uid propett~. tbe Mortp~e ~a~~ ~t bis ~ptio0. ~ke ~re6 ~epin er uwe tbe wne t~ be swde. asd ~net moner io t6~t 6e6df.
Ic) To p~r all snd ~in~l~r the t!Ilt~ MWNNtAU, Ilntf~ Il~ttN~d. tAd iL~lw~00~ O~ erer~ e~lrtt ee Mid deseribed yr~pcrir eatb
anJ crerr whce due •nd paxd?le ~teordioR to l~w~ be(ore tbe~ becomc delinquent~ ~nd te ~deliver t~ tbe Mortp~ee ew or be(ore M~rch
1St6 ot eae6 ~ear u: receipu evideoeinR t6e p~~eat of dl la~rtnll~ impo~ed tases (or tLe
preoedin~ cdesd~r yar; te in~kmsifr s6e
MortR~Rre ~pon he~ demand tor sll u:e~. wa~mcnU ~ad eL~s~s tlrt a~ay be ~sses_•ed upoa t6u wrtp~e sn tbe iadebtedae~s ~ecured
6erebr, ~nd p~id dr the mortpRre, ~rilhout reprd ~o mr law 6tre:eisre eaaeted or 6ere~ft~r te be eu~nrd impwioR p~raeot oi t6e
•rhole or rnr p~rt thereof upon ~hc Mortp~ee.
(d) To pq al! aad ~ieRnlar t6e cow. c~rW.aod qpea~es. i~dudins law~en_ (ea wd ~b.tnct ewu reaNa~bl~ iacnne~ or p~id ~t
~a~ time b~ tbc Mort~Ree bee~u~e ot the f~ilure ae ~be p.et .f ~he Mer~p~or a periorm. eomplr wi~ asd •bide b~ nci~ aad erery•
t6e uipulatioo~ •Rreemeou, eonditiona and co~eoanb of wd ptvsiNOr~ oote and t6is de~d, or eit6er, asd enq weL p~mest sbdl
bear iaterat f~om d~te ~t the nte of ten per ccotum pet ~mom.
~e) It is (art6er eorewnted ~~d ~~retd b~ wid p~rties t~t i~ tLe evem oi • snit beis~ ia~tilul~d 1~ ~oreela~t t6ia mortp~ tbe ]I(~rt.
~6ee ~6a11 be cotitled to ~ppir ~t an~ time peadin~ ~acb (~reel~e ~ait tbe csort b~ri~a jnrirdietioo eLereo( lor 16e ~ppwielment
~f a reeei~er of all aad ~inRalar t6e morti~ll~ P~~~1. ~4~. i~c~e~. VwGq. irwe~ ~wd re~nes ~bereof. !hm ~rWwe~cr
source derivcd; ~nd thereupon it i• hereby esptwly e~rewuted ud sp~eed tL~t tbe C~yrt ~ll t~rt6aitA ~ppoiit reoeive~ ,rith
tbe a~w! porren aqd a0lfq of m~iren in like c~; ~sa wia ~~ista~nN sbdl be oude b~ t6e conrt auttn of ~iet ri~t to
tl~e MortRaRee. and without rcfcrcn~e to the ~deq~cr ~r in~deqr~er ef tbe value ot t6e prope~ty herebp monpRed. or to tbe solven~r
or iawf~encr of the NnrtRaRor~ or ~nr other p~rt~ detend~at N~~6 wit. Tbe M~nRseor bereb~ ~peci&ally w~i~ea tLe ri~t to
object to tbe appoialment o~.• reeei~er ~s afordaia and Lereb~ etprerlr c~roeniR tlwt ~acb appoiMmenl ~hal) be vude y an admitted
equit~ ~ad matter oi ~bwiute ri~t to t6e Mortp~et ~ed t6at the wae mar be dooe r;da~~ waiK ~!w MetiRS~w.
((i It (oreciosare proceedinas ~hould be ia~tituted ~~sirt t~e p~pertr covered br tL'u mat~ta~oe p?on iay otl~er lin or elain rbetLe~
alle6ed to be superior or jnnior to tMe lien of Ihu m~ecp~e. t6e MortRs6et ma~ at hit e
suit or durin the ndent thereoi declart t4is mort puon immedi~tely upon inui~ution pKh
6 P~ 7 p~s asd t~e iadcMedeeas ~ecwed bcrrbr dne tnd ps~bk f~nb.rith ssd mar at
iq optioo proeeed to forerl~~e thi~ morlpl~t_
(s) Th~t tLe MortpR~r ~rill keep d! ru! ~nd peneeal propetq o~w or bert~ftt~ texumbr~~d hr ~hr lien of this mortp~te iasured
u nu~ bt rcquired Irom time ~o u~ne b~ ~be Monp~ee s`aieK 1«a b~ 6re. wiodstorno ~nd ot6rr ha~rds, t~au~ltin snd c+ntinReocie~
!er sue6 periodr aod tor not leas ~lun an~b ~meuau aa w~ be reqrirtd br t6e MortFs~tee and to pa~ pr..ipptlr ~rhen dne ~11 p~rmium~
for ~uch inwnnte_ The smounts ot inwnsct reqaired b~ Ibt 1~ertaeRee Ebdl be the minimom smoun~• fnr wbi~6 wid insuranre ~lu11
6e wnttee ~ad it ~11 be ineoa+bem opoe ibe 11t.rep~r i• a.iauin web ,dd~uw~al in.or.nee u mar 1?r nnew.~ ~o ~?cM ~nd eomp !x
~all~ vrith dl taiwunnce rcqnirements cost~ised in wd Nlicia~ b the ead t6~t tbe wid NortpRer i• not • eo-iow?or thrr~under.
inrnr~nee avritlen b7 s eompan~ ~r eow~ip ~p~pr~~ed ~r daipwted br 16e MortpRer ~ad aN pnli~ aad ttn~rals lhere~! '
.6all be Leld by ~e Mor~~.Ree. All deuited desipai.e. b~ tbe Mortp~~r ~rbicb ~re acceptrd br ~lk M~rt~ta~et and dl •Rrrrr~eau '
betwun ~Iert~fa~or ~ed N~rtp6ee rel~tiwR t~ ia~a~ee, N~r e~iNins K bere~fler audc. ~6s11 be in ~+ritiet ~nd ~fl be ~ parl ot tbi~
mortp~e ~peanent a fu~llr a eboe~h ~et fortb ~erb~~ 6asin ~ud ~11 so~ers bwh p~eties IKrrt• and tbeir s~eenwrs ~nd usipa.
u ~
No lien oPon ~uT ef ~aidp lieia o( irounece K ap~w a~ ?dosd or ?etnrw premium nrhi~h msy be p~~ablc N Ibe aarella~ioa or
tenoin~tion tbertof. ~U be ~iven to ot6er tb~o tbe Nort~~y e: 6~~ preper endorsemrn~ afb~ed ~p we6 poliry ~wd ipproved br
Mon~s~ee. Eatb polie~ o( ~OiY~~pCt tI1~II Mlit ~~Ila llltfCt~ ~ S~~cd N~« York Mons.R~. f.lawr .~ri~hoo~ Coatribntion, m~kiaR
dl low or Iw~e~ onder ~nch pdic~ p~~~blt t~ tbe ~(eAp~es r N~ imere~t m~r appe~r. fn 1b? e~~nt ~ny ~om or som~ r~f moa~r br~om~
p~r~bk tbereander ehe MortReRee ~all b~re tbe ptio~ te reeei~e ~od~~ t~ae ~awe on aKOUnt et th~ io~lebtedmw l~ereby ~ared.
or to pe.mit iAe M•n~,.R.r e• recei•e ~ad u.e it..r a.r p~n t6ere~f. ot tbcrebr ..~irinR ~r impurinR ~w7 eqoit~. lien~ er riRht
un der w d b~ rirtoe e f t 6i~ mortp~pe. in ereat 1~ ~r o i~a) d~ a
r
eRe to e h
e merep~ed propcrt~ tbe ~Iwtta~tor ilull pv~ imn~_
di~te nNice ti~em~t b~ auil ts tbe M~rtpRee aad tbe llonp~pee aNr raake proef 1~ if IIK wne i~ se~ made pr~mptl~ b~ ~
~ R 161 PAG~ 331
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