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PROVIDSD~, ALrVAYS~ that i[ t6e Moet~oe ~6~U p+~r unto the Mortsa6e~e the indebteant~s evideaced by a
oerlaia pronaiMUr~ nw~s ot ~r~iC6 tbs [ollowin6 in ~rord~ and fi~ra is a tsua oopy to-wii: i
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/~d?!~~ ~0~ .
s 16'~~00 Miuai. Floridz DIIOO~b~!' ~ 19 ~
FOR VALUE RECEIVEll V~~ ,d~~~7 ~ NNlel~ pmmisetopiy
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I ~o che order o[
1TOaQ'~ I{8t8
~ ihe principal sum o{ L1 ' - , ther with interest
chereon from ctate ut che nte oE ten percen~ pu annum uncil raaturity. both principal and intecesc beingpa
yable in
laN [ul money of the Unitcd States at 20S Roper Building. Miami, Florida. or at such other place as the 6olders hereoE may
designate in writing. Principal and interat payable in iastallments u follows:
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~ Forty-t~ive t:~45.4~~ vollars ~er 'oath~ baginain~; oa th~ l~th Q~ ot
i~obru~r~r , 1~6?, aad aoatiauing on ithe 15th a~r oi esah and ev~er~
montb thQr•~.f'ter uaLil ~aid ia irill.
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This note ma~ be preµ~i~l in ~~hole or in part aEter one year [mm the clate hereuf upon payment ot a Ix~nalty
I eyuivalent to two percent ot the principal sum prepaid.
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Each inscallment payment shall be credited fint on the interat due. and the remainder on principal; and interat
shall thereupon cease upon the prindpal so credited.
! The makcrs and endorxrs ot this note turther agree to waive demand. notice oE non-payment and protat. and
in che event suit shall be brought Ior the collection heteof, or the same has to be collected upon demand of a~ attorney. '
co pay reasonable attorney's Eets for making such collection.
Deferred payments hereunder shall bear interat zz •-~_e of ten pacent. per annum Erom maturity until paid.
This note is secured by a mortgage of even date hete~?. is to be construed and enforced according to the laws
~ of ct~.e Scace oE Florida; upon d~fault in the payment oE prin~' and/or interest when due. the whole sum oE prinapal
and interest remaining unpud shall. at the option of the holric:~. be~ome immediately due and payable. .
. ~u:.~~les ii~sLO?i ~ni ~h (SEAL)
se_:~va ~~nith
- ~sEat.)
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and shall pedorm, comply ~?ith aad abide by eaelt a~d evdry t6e ~tipnLtiona, a~ree~aents; conditiona and ooveaanL of ~
eaid promissory note and of this deed, thea thia deed and the ~state thenby created s6a11 aa~e and be anll aad void. ~
1. The Moriga6or hereby coveaanL~ and a~reea:
(a) To p~~ dl aad ~iepdu t6e p~iseipd ~nd iwten~t awd ~tber ama ~1 m~ae7 P~7~ b~ si~tae of wid pr~mi~wep oote md t6u
j dced, er eit6er, Pce~pd7 ~a tbe d~ri rapecti~d~ tbe wme ~e~r~ll~ bctome~ d~e.
i lb) To pumi~ eommit e~t wEu n~ ~rute ud to maintau 16e i~~vemeW ~t atl times u•~t~tt ~i ~o~d repair a~ e~aditi~a: ~ad
k to do or permit te be doee to wid premiw aotLia t6~t nill aher ~r eLu~e tbe w~e asd eluraeter o( pid pnpat~ ~t se as~ ~+sY
imp~ir or wrakw t6e ~etrrit~ ~f t6is martsa~c. ~ ie e~e et t5e refwl, eesleet ~r in~bilit~ ~f t6e M~rip~~ t~ ~ir ~sd mai~tai~
~ ~aid propaq, t6e Mortp~ee e~7. ~t 6i~ ~pti~n, ~ak~e r~ei ~~epin ~r eawe tbe ~~me t~ be s~e, ~ivaw~~e a~~wep~ i~ tL~t beLali.
te) T• p~r dl ud sin~.lar t6c tues. wa~ levies. li~bilitia. and ~Wipnee~ ~f e.er~ rare aia ~aaibea pr.per~y e.~6
~ and e~ery ~rhen due aad pqable ae~wdins to Iav?, be(~re~ beeoo~e deli~9ue~t. ~sd te ddiver t6e 1[o~~ee w~r beto~e l(arc6
j 15th ef eae~ rar tu receipts e~ideaeins tbe p~~neeat ef all LvAnll~ impw~ed tua tor tbe pe+eoe~fio~ ak~r lrar: u iodeen~if~ the
i Moctpsee ~?pon hi~ demaad for dl tua. a~a~neots ud e~r~s t~t s~y be aaeaea opoe t6is a~etp~e ~s d~e i~dtbtedeeM ~eenred
! 6erebr, and paid b~ tl~e m~rtpsce. ~ritho~ reprd to m~ la++ beiet~f~re enae~ed or here~iter t~ 6e ea~cted i~p~si~~ pqe4eat o~ tLe
Mrhole ~r an~ p~rt t6ereo( npon the M~rt6~K~-
(d) To pq ~ll and ~io~nlar tbe eNU, eL~r~ aad espea~e~, i~drdiss lan~en' tees ~ abtnet eMU reaMe~bl~ i~earred ~rpu d~t
n
rime L~ tbe Mortp~ee beuwe ot tLe f~ilnre es ~ put ~f tbe ~![Ktppr t~ Pe~fo~m. ~~17 witb wd abiae b~ e~eh ~nd e~ery
t6e ~tipulatioa~, ~~eemeau, conditiwn ~nd eovewwu ~f ~aid /e~siwor~ n~te ud t6is deed. K eit6u. u~ e~eq weL p~pse~t ~6~11
beu iaterat tnm d~te st tbe nte of tea per eeatm~ pa aas~n-
(e) It is fanbe~ eo~eo~necd and ~Feed b~ sud t~t it tbe eveat ~f • ~oit bei~6 ia~titntcd t~ hteelwe tbis monp~e. ~Le H~rt-
piee ~6a11 be eotitled 4e appl~ at y~ tioE p~w~i~e6 ~KedMrre pit t~ t~e eMrt Vvu~ jori~dieliM~ e`ere~ ~or tLe app~iMioent -
of ~ reeei~er of ~ll ~sd sinplar tbe mortp~ed Pr~pat7. aoa all cem. i~e~sn. Pn6u+ iM~a ~wd reKwa ~bere~f. troo ~evu
source derived; and thercepon it i~ hereb~ rsprcul~ a~ed aad ~sreed tWt tbe '~vf~t ~Y11 /KtLait6 ap~oe~t ~oel~ reea~ witL .
tbe ~ad porren aed dotie~ ot reeeivtrs ia like wea; a~i Mid ~pp~i~tmeat ~11 be awae b~ t6e ewrt ~a ~ m~tter ~~triet ri`6t to
tbe M~rt~scq ~nd srit6out ~etereace to the ~deqwe~ ~r ia~deqo~er ef ibe vdoe ei tbe pr~pert~ 6erebr mortp~ed. ~r t~ t6e wl~eac~
~r iwirene~ ~i the lldortpson or ~a~ otbcr p~rtr defeod~~t N soe6 wit. T6e Mortp6or 6etebr ~peei6n11~ waivd tLe ri~bt to
objed t~ tbc appeintment ~f ~«eei~w ~s Jorewid sed Lereb~ aprwly n~ t6at neb ~pp~iata~eat ~bdl be uyde M~n ~dmitte~
eqai4 ~ad r a auttu o( ~6wlute ri~t to tbe Mertp~se ~od tht tirc wne ~os~ be doee ~vid»ut ~etiee t~ the M~rtp~~v-
!f 1 If (or«lo~nre pr~cecdiefs ~6odd be im~itnted ~pirt tfe~npertr covered by thi~ mortp~e ~a ahr ot6er lie~ w el~ia ~+be~bc~
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alle~ed to be anperior or jmior t~ t6e lien of t1~is m~etp~e. t6e Mort6~6ee ioa7 at 6is eptioa iwmediatel~ epoa iouitmion ~t wr6
wit er durins tbe peadeae~ t6ereoi decl~re t~is s~rtp~e ad ttie indeMedwe,s .eeored bereb~ doe .sd p.~abk t.r~6..i,6 a.d ~o.r •i
in ~ptioa procetd ee foredwe ~his m~ttp~e. -
~ (i) 1'bat ~Le 111ory.pr .+JI keep all red aod pers..d pr~pee~f n~w or bere~fter edcumbered b~ thc lieo oi this m~rtp~e iasured
a~.y be reyu;red from rio~e ~o ume br ~Le lt«q.~ee ~pinM 1~s 67 ir't. ~+induor~n and aLer hassrds~ c~sualtia and contin6eaeia
: for ~ne6 periods aed fx oot las ~L~a sae6 am~uwa ~ s~~ re ~eq~«ed b~r tb~e ~Ilortss~ee aoii to pa7 P~~~7 ~+bew d~e ,ll premiuma
~ f~r suel+ iosnraace. Tbe ~meuma of iowrsoee reqrited L7 1Ls 1[~rtp~ee sl~ll be tbe mieimt~ smounu wrhich aid iasuna~e slisll
~ be r+rinen aad it ~hdl be i~nm+bent ap~ ti~e H~tpp~ t~ ~aiwis web additio~l insaranee n m~~ be necasup to euet ~ad rowp 1~
fdl~ r+itl~ all caia~aruee req~ireweau cowi~ ia Mid riicier t~ d~e ead t6~t tbe aud 1Nertp~or ia nN • eojwwror thereunder.
Iasor~oce sirlt be wrrituo b~ • eompaoy ~r aio~uia ~Ppra•ea ~r desi~o.ted b> >be Monpsee ~d allpa lieies ~nd ra~e~rals tLereo(
~ll be Wd bf tbe M~tp~te. All det~iled dcsip~tiw q the lltortp~ '~rlucb are~~~ b~ tbe M~n~~ee ud ~ll .6rewenu
betwem Y~rtp~or ~ei Y~rtPiee rrls~w~ ienra~e. N++ aLtins or bere~Aer m~de, ~U be ia writio6 aed ~hall be a part ot tlw
w~~rtp`e ~Qeemeat a~ fdlp ~ tMuah ~et t~rtl~ rerb~tia ba+eia ~sa ~11 ~o~ bwb p~rtid 6era~ and tbeir ~sceawn ~nd auiRm-
No lien np~e ury d~sidp~
licia ~t ina~rate K upN a~7 rdaad or retura preminm wrbi~h nw~ be q~able o~ tLe annlla~ion ~r
~ tereoieatioe tbere~f. ~U be 6~~ee te ~tLer t6~s tLe ~d~etP~ee. ee~ b7~pr.per eaJonanew~ d6ied a.neb polie~ ~od appre.ed b~
MoMp~ee, ~C6 psliq ~owrasee ~Il L~u ~sed tLereto • St~nd~rd l~le~c York Mortp dee Clawe «it6oat Costribntioe, m~kioR
dl lor or I~ea ~sder sw~ rlit>p~ >~able t~ tbe M~etp/es a~ iq ietereat m~Y appar. Ia tbe evnp ae~ wm or amu o( moner breome
w~•bk ~6ereosder ~he M•r~~,eRee ~hdl W~e tbe ~ptiw t~ reesiMe ~a~p
1~ tbe ~ooe en ~eronnt ~t the indebte~w 6erebr aenred,
~ or t~ permit the YKtp~ ts reoei~e swd a~e i~ w a~r p~rt ~ritiom ~6ereb~ ~nirin~ ~r uop~iri~` ~a~ eq~ity. liesr or ri6bt
~ nnder ~ad b~ ~irt~e ~f dw mertp~e. Iw ere~t ~f 1~ ~r pti~sird duua6e ta ine m~rtp~ed Vrepert7 ~be MonRs`or ~hall ~pre io~mr-
~ di~u aotice tbere~f b~ ~i! ta tbe 3lHtp~ee aod tLe Y~rtpae wr m~kc prwl lew if d~e w~se i~ wt m~dc prwnWly b~ t6e
~ ' • BooK 162 PacE 3 ~ '
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