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Home My WebLink About2427 . ~ ~ I PROVIDEQ, AL~VAYS. that iI the Mortae6or s6aU pay unto the MoctRaRee tl,e ind~htedneee Pvidzncel by a certaia pcomie~orT note of ~rluch the followlns ia words and f.aures ia a t~ue copy to•wit: ' - - - ; /~dN~~s ~0~ ; S 2'~~j0.00 Miami. Florid~ ~~er 3 lg ~ FOR VAI.UE RECEIVED W~~ ~0~~~ p~ Nr~r81 promisetopay ' ve~ p~ ~ iJ i~'i~ i?i'~ci ti~ w~~~v~ ~i v~ ~ ~i~r~ ~ ~11n~1 C~ che principal sum oE 'S'ti10 q'1L01~o ` ~i~~II H1~d~'~ t~~ DOL.LARS. together with interest chereon from date at ehe nte of ten percent.per annum uneil maturity. both principal and interest beingpa yable in lawEul money of the Uniced Suta ac 203 Roper Building, Miami. Florida. or at such aha place as the holders f?ereof may j designate in wricing. Principal and incerat payable in iastallmeats ss follows: i ; Forty-Fiw ~:~S~OC)~ 1~ollara per ooa~h. begio~;fag oa t1~ i~tb d~ } ; ot Jaanas7, 196?. as~ ooat~ ou Ohs 15th da~ ot •aoh ~d ~ Qver~ ooni~h thsr~atter ua~il d ia tnll. ; ~ I ` ! This ~ote may be prepaid in ~.hole or in part after one year trom the date hereo( upori payment of a penalty ' a equivalent to two percent oE the_ principal sum prepaid. - ~ ~ Each installment payment shall be credited fint on the interat due. and the remainder on principal; and interest j shall thereupon cease upon the prindpal so credittd. ~ The makcn and endonas of thi~ note furtha agree to waive dtmand. nocice of n~n-payment and protest. and : ( in che evtnt suit shall be brought for the collection haeof. or the same haa to be collecced upon demand of an attorney. i co pay reasonable attorney's fea for making tuch coUation. ~ DeEerred payments haenndu shall bear intaat at tht nte oE ten pacent. per annum from macurity until paid. This note is sec~red by a mortgage of evat date herewith and is to be construed and enEorced according ta the laws ~ 4 of che State oE Florida; upon default in the payment of prindpal aad/or incuest when due, the whole sum oE prinapal ; ! and incerest remaining unpaid shall. ac the opuon of [he holden, become immediacely due and payable. . ~ i:uihaniel ~~elly ~sEp~.~ ~;di:a i•::: e ~e 113? - (SEAL) . :'s 3 and shall periorm, comply with aad ~ide by each aad every the ~tipulation~ aRnemrnts. coodition~ and coveaanta of ~ said promisaory note and of thie deed, thea this deed utd the dtate thereby en?at.d shall ceaae and be null and void. + The Mort{Sa6or hereby covmant~ and aarees: - ~ To pa~ dl and sinRular tbe priseipet and in!erut ~wd Nhar sw ~t w~ae1 ~7able by cirtue ot ~aid promiwory nv~e aad t6u i dced~ sr eit4e~. promql~ on ~be d~7~ re+pectivcl~ t~e ~ame ~evenilr beeomes dee. ; ~ Ibl To permi~ eommit or eu~er ao wrwe md to m~intei~ t6e ~mpr~vemea4 at ~11 tima ia • u~te o( 6o~d rep~ir ~ e~aditi~s; ~ad i to do or pc~nit to IK (~Oq! t0 Nld pR0111tl nothio6 tb~t ~+ill dter ~r eL~nse tbe ~t ~nd ~lur~tter of ~aid properl~ ~r in ao~ v+ar ? imp~ir or wcaken tbe ~eeurit~ sf thia owrt~Re. And 'ea cue a( tbe reGwl, st6leet or ia~bilit~ of 1bt MKtpR~r i~ re~ir ~d ouiwia wid propert~. the MortpRee nal. ~t Li~ sption. m~ke ~~c6 repin or na~e tbe wne t~ be eudq awd ~wnee a~«~eT~ io t6~t be6df. ~ (el To p~r dl sad ~in6alar the tasea. ayermew. leria. L'~bilitiu. aod eblipuaa ot ever7 eu~re ~e Mid de~eribed P~~perty ese6 .oJ e.err .+heo due •od parable ae~ordinR ~0 1~~+. betore ~become deli~q~ee1. ~od to ~delive~ ts tbe Mort~s~ee es er befere March } 15t1~ of eaeh ~ear u: reeeipu e~ideaciaR t6e p~7~nent of ali uU~ ia~ps~ed wca for t6e preoedia~ dkwd~r rnr: t~ i~demaif~ tbe ~ Mon~Ree upon hia demand for all l~iu, aYtf~menb ~D~I lbt~SN t~Y! tMy Lt ~ftl~td ~Ipon tl~i~ oKt~R! OA tI1! lOdlMedl~eM ~teYftd ' hercbr. aad p~id b~ the m~rtpRee, wrilhont reprd to my la~r beretefKe en~eted o~ 6er~~ite~ te be ew~etrd iopaiaR ~arneat of 16e rhole o~ ~n~ p~rt the~eof upon Ihc Mort~see. Id) To pq all ~ad ~inRnl~r t6e ee~u. e6arsa sod tspdua. i~dudina 4w~n fea and ~b.tnee ewu reawn~bl~ incwred ~r p~id ~t ~n~ time b~ tbe Mort`aRee beeause o~ the f~ilnre sn tLe p~rt d tbe M~rtRa~or t~ pedorn~ compl~ ~+itti ~ed abide b~ ea~h ~ad efery t6e stipulatiooa~ ~~eemeats. eonditione and co~en~nb of t~id pro~iwoq aote and tbis deed. oc eitber. ~nd eveq sue6 p~reoeM ~11 bear interat frNe d~te ~t tbe nte of tea per ceotoen per aw~am- le) It i~ furthe~ eo.enanted and ~R«d b~ wd p~rtid t6~t is t6e event of a snit beie~ is~tituted to f~rerlwe t6i~ mortp~e. tLe ~lort- `s6ee ~6a11 be eatitlcd to appl~ at ~n~ time pead~n~ s~h t~red~re wit t~ t6e coart Lavias jnri~dietioa erered tor tbe spp~intoau ~I • reeeiver o( all and aiaRnlar tbe mort6~i~ P*~~7. aoa all rea1~. i~e~e+. Pn6u+ iwua ~sd revenra tberc~t. ~rem ~+rMNCfu source derived; and thereupon it i~ herebr e:prpsl~ t~rew~eted ~d ~aretd t~ t1+e Cwrt ~11 /~~+itb ~ppoiat ~oeh reeti~ with the wwl po~ren apd dutia o( n.riven in like wes: ua ~aia app~iwtmcat r6e11 be wede b~ t!rc coort u~ matter oi ~Rrid ri~ht to the MortRa6ee, ~nd ~+itbout rcf~rcnce to the ~dequacr iwdeqo.er ot ibe vdne ot ~be propen~ herebr o~or~R.Red, er ~o ~be wl~encr or inwlrener of t6e MnrtRS~ton er •nr ether P.nr dd~d.a ~w~h sait_ The Mert~n~or 6ereb~ apeeifiatly wsiva ~6e ri~t te object to tl~e ~ppointment of a receieer rs a(oresaid ~nd \ereb7 apre~~7 hnse°a` ~h~~ roeb ~PVO1~meni d+all br made u~n •dmitted equii~r and r• m~~ter oi ~bwlote ri~t to tbe Mertp~ee sed ti~t tbe wmt auy be done ~?i~oet OO~1M l0 ~IIr MOApROf. _ Ii ~ererlwart pr~ceedinss a6ould be imtituted ~pirt tLe ~r~pettT eovered b~ ILi~ mort~~tt epon ~a~ otbu liea or tlai~n rbelbcr ~Ueaed to !x superier or junior to the liea of tbi~ m~rip,e. tbe MN'tµ6te mar ~t his option immed'ut~ly upon imui~ution ~f sw~6 ~ snit or duria6 the peedeee~ thercof deciare J~is mortp~e aed ~ie indebtedacss ~eeured 6treb~ due and p~rble f~rth«ith ~wd roar ~t ib option procted to for~cl~~e thu u~ortp~ ~ (i) T1wt tbe Mort~s~r wrill kcep all rea) ~od pcrswl pt~pert! nr+ or 6ered~er ewcumbrred !?r thr lirn of thi~ m~rtp~te inw~ed ~ as m~r bt req~tired trom time to ti~ne br t6e Mortp~ee ~ai~w I«~ b~ 6rc. ~+indstono ~nd olhrr iu~rds, ~s~~sltie~ ~nd ~nntin~tMih (e~ aneh periods aad for not IeM ~b.n so~6 a,~ouvu a. s.~ re rq.ired br ~be MoreR.Ree .~d ~o a~ P.••mpdr ~+hen dre all prrmium~ ~ (or ~neh inwnuct The ~mounu of iroanwte req~irod b~ ILe llo~tp~te ~1u11 be thc minimnm amaun~• ter ~rhich aid insur~nr~ ~lull be wrinee ~od it ~all be inenmbent apoe ILe ll~rtp~ N riWis sseL ~dditioed im~ruxe u m~~ necwar7 to meM ~nd con~p{r (ullr rrilh all caiusunnce reqnirca~ents coM~ised ia Mid pdicia~ t~ the tod t6st tbe a~d MortpRor i~ nel • tsin~nror thrr~under. In~aranee ~It be r+rit~eo b~ • compaay K cMnp~wia ~ppr~~ed K de~ipMted b~ tLe Mortp~ and sll p~li~id ~nd rentw~ls thereof ~6a11 be reld b~ tbe MortpRet. Afl deuikd de~ipuew b7 t6e M~rtppr w~ic6 ~re ~ed b~ t2K M•rt~RCe ~nd ~11 •Rrtrsueou betvneen Mertp~or ~ad Mortp~ce relstiwR t~ ia~or~wee, ~r aipins K hercaf~t? m~dc. ~6a ! br in ~+ri~ina aed ~6a11 be • p~rt ot thi~ ~ mortp~e ~peauent a~ fdlr M tbeu~h ~et (~rth ~erbuim bereiw wd ~11 so~e~e bwh p~rtia lwrrto s~d t6eir aK~nwn ~nd asipu. No (iea apon ~e7 eI ~sidp~ liaa OI ttlWfYtt K~0 Y~ fl~llqd or «ture pren~ium ~r6i~i~ nu~ be p~~able oa tie ran~ellstion ~r termiauion tbereof. dul! bt p~en to wLer tlu~ ibe l~I~rt~~ee. Ktept b~~ pr~pcr endorsanent ~f6sed 1s sucb poli~~ ~nd ~ppreved b~ rv Mortsa~et. E~cb p~lih of iw~nece shdl 6ase a~ed t6erete • Staod~~d 1V~M~ York Mon~a~~ f.lau.r r+itboot Costr•:.utio0. ~~~kinF dl low or leMe~ aade? ~ne6 p~liqp pblc t~ tbe M~rtp/ee ~ iU iwteeert ms~ appnr. in tb? errrN snr rnm or ~unu o( ~noney b~romr ps~ble tbercunder ~he Mort6aRee dull b~re tbe ptiw t~ reoeire asa a~ply d~e ~une on ~KOnnt of th. inAc:.~cdee~ herebr ~ecnred, or to plffAtl tllt MM1pRK l~ fttt~r! ~Ud WE ~l. K M~ Mfl 1`!fC'~I. ~ntiool ~berebr w~i~inR ~r imp~irini ~n) eanitp. lien{ ~r riRht , under u~ b~ virt~e thi~ wottplo~- Iw ereat ~f l~w K pL~al d~~uaRe te 1he ~s~rtlo~Red ptprAl the Mortlt~Ror shdl pve imm~- di~te n~ee tbe~e~1 b~ osil t~ tl~e M~rti~IDa ~~d ~ Y~nRalq~e ww~ inake proef ~1 IeM if ~1K w~e i~ not .nade prempl~ b~ ~be i , ~ gOpK ~V~ PACE 24 , ~ ~ ~ - ~ ~ _ - - ~ ~T ~ - _ w ~ _ .