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HomeMy WebLinkAbout2603 S . ~ ~ . ! PROVID~ AL~VAYS~ t6at it t6e Mosta,aao~ ~haU pay unto the Mortaasee the indebtedaese evideaoed by a ~ c~rtaia praniNOr~ awe d~vWch ths [ollowin6 is ~racd~ +uid figures u a ttue oopy tawit: ~9C10.a0 ~ • I?OO~abtr ~ 19 66 ; I~[iuni. Floria~ FOR VALUE RECEIV~E~D ~j~~• •~~^~,,,~~4~ e1~, ~~~1~ PTOA1~tO~y 1 r lU ttit Oiilt! O~ , t~ ~ ;1~ '~~.-~i1E:r ~~ili ir'• ~ ehe principal sum of Vu i31~ ~LA/ OQ~"'D01-:-ARS. tog~ether with interest . chereor~ [rom dace ac che nc~ oE cen perce~~pa annum until.maturity. Doth principal and interesc being payable in v laMEul a~oney of the United Scates at ?03 Ropar Building. Mia~:i, Florida. or at such other place u the holden herco~ may designate in writing. Principal and intetest ~ayabk in insWlmeats as Eollows: . ' kitt~? (~5Q.00) Lbllare y~r south~ for tiit~-nip~ C 59~ coneeautiw aonths ~ on the 15th ~r~ oi •e~ah atad tT=.:~z~r mor?th be~ing ou ~t~ ~ 15tti dey of F~bruar~ , 1967, ead eoabiauiLg usi~il ~h~ ls~h ae~ ot Jwaus?r~, 19?2 Nt~ whiah ti~u ~1~ bala~+o~ ~Lell b~ooss dn~ sad i pa~abl0. ! This note may be pre~~id in ~chole or in part a[ter one year irom the date hereot upon payment of a ~~enaltY ~~quivalent to two percent ot the principal sun~ pnpaid. ! Each installment payment shall be credited fint on tht interest due, and the nmainder on principal: and interest j shall thereupon cease upon the prindpal so credited. ~ The makers and endorsers of this note fnrther_ agree to ~vaive decnand. notice oE non-payment and protest. and j in ~he evene cuit shall be brought for the collection hereof, or the same has to be collected upon demand oE an attorney. co pay reasonable attorney's Eees for making such coAection. Deferred paymenu hereunder shall bear intaat at the nte of ten percent. per annum from maturity until paid. This noce is secured by a mortgage of even date hertwith and is to be construed and entorced according to the laws : oE che Stac~ oE Florida; upon default in the payment oE prindpal and/or incerat when due. the whole sum of principal t and interest remaining unpaid shall. at the opuon of the holdas, become immediately due and payable. . Jo~n ~oons ~g~,~ ~ Carrie Lue ~oons ~5~~ ; snd ehall per[orm, comply with aad abide br acL and every the stipulatiana~ aEreementa, oondition~ and ooveaant~ of eaiJ promiasory note and of this d~ed, t6en this deed and the e~tate thereby cmated shall eea~e snd be nnll and void. j 1. The ?Konaaa~ ~nbr oo~~v .nd i To pa~ aU ~wd ~iortlar t6e priaeip~l ~ad isterat asd uber saw ~t mwe7 Pqable by rirtue ot ~aid pr~miwocp note ~ad t6iu ~ deed. ~r eitLeq P~P~~7 ~a the d~~ rapeeti~d~ ~be ~~se aa~enD~ bee~a~a dre. tb) To pe~sit~ e~mmit or wEer w.rute ud to maintaiw tbe impnvemew ~t dl tima ia •~ute ~i ~Nd rep~ir Mi ewditiw; ~ed to do or permit to be d~oe t• aid premi~a nothin4 tdt ~+~11 aker ~r ede~e tbe re asd eh~racter ot aid pn~at~ K io ae~ ~+ay imp~i~ or ~rukm tbe ~ecuit~ ~f tLis m~rt6a~e. Md is c~e ot tbe refwl, setleet ~r ia~bilit~ d t6e 11l~stprr t~ repur ~od m~isui~ ~ ~aid propert~. the Monp~ee au1. at 6i~ ~ptios. sake s~e` ~epin ~r eao~e eLe Mme u be w~e. a~d a~ra~ee ~ io tl~t beWi. - (e) T• p~~ aU aad sinplar t6e t~ces. a~neau. levia. Wi?ilitie~. aod obUpti~ ~f efeq ~re ~s ria iaeribd Pr~pe~tr ac6 u~d ercr~ ~r6ea doe aod pqrable ~ee~rdin~ to 1ar, bdore ~reeome delii9acit. ssd t~ ~diver t~ 1be 11[ortp~ee e~ K be(ere Marc6 15tL ot eacL ~car t~ reeeipu e~ideneins tbc p~~eat ef dl ull~ iropo~ed tua lor t~t pt~ee~ nle~dar t~ iodem~ifr ~Le Mortpeee op~n 6a dem~ad tor dl tuea, aaa~meab ud cb~r~s t6~t mnr bt asseutd ~on t~s s~rtp~e ~w t6e i~debudwew ~ecwed Lereby, and p.;d by ~be mer~.Ree. ..;~hooe reprd ~o a,n 1..? Le,e~ef..e eose~ed er hete~ite~ u`e eweted i~pMia~ p~poeet o~ ttie Mr6ole or my p~rt theraf rpoa the Mortp~ea - (d) T~ pq all ~nd rin~r tlle e~w.~~ ~ad espea~es. i~du 1arr~' Iees ua aMtract ewb reaNe~W~ ineerrea ~r~u d at ~n r ao~ tia~e b~ t6e 1i~rtp~ee becawe of tbe iailara ~e the p~rt ~be 7d~rtp~~r t~ peeform. e~oPl~ witL ud abiae b~ aeb ud e~err tbe stipuluioo~. +~ree~ eoaditian aad e~veyeu ef wid pnsiwoq eote ud t~is aeed, ~r eitber. ~ e~eq weti M~nstat ~Ldl bear i,uerat (nm d.te a ~Le rate .t tea per ceatma per •¦.a.. , te) It is farther e~~eoaated ~od ~Ereed b~ ~u'd p~rtics tirt i~ tbe eveat ~f a snit beik i~titwed t~ t~reelNe ~ia oortp+e, tbe ~/Kt- p~ee ~all be a~tided t~ apply at a~ ti~e penam~ we6 f~reel~wee s~it t~ tbe c+~rt 6wia~ j~eti~a e`era~i for t6e app~iapseat ~f a reoeivu ot all and siapdar tbe m~~tP~ed Prpe~t~. ~oi ~t dl resu. iee~oe~. lwbn. iwua~ ~ rere~na ~6eze~f. treo wMu~efu wurce dcrired; wnd t~ereupoa it i~ hercbl esp~asl7 nrew~tcd aad sseeed tLt tLe '4~rt ~11 /Ktb~rith appoiu ~ roeei~ «ith tbe osud powus ~sd dotia ef reeeivus iw like ea~e~: u~i rid ~ppoi~aea~t ~hdl be w~e b~ tbe eeart aa ~ m~tter ~t ~uiet ri66t to i6~e M~rtaasee, ~od ~ritbort refercace to the adeqwey ~r ieedeqwey of 1be vdoe :.f ~be propuq hereby mortas~ed. K t~ tbe wlveaer ar iasalvene~ d t6e lllertpson ar ao~ atber p~rt~ ddesdut ~ wes sui~ Ybe ~d~rtp6or baeb~ ~peei6calf~ ~nire~ tie ri~bt te ~ ~bjeet t~ ibe appeiotmeot d a reetiaw sr aforesaid ~wd Lenb7 etprarly ee~eats tb~t we1~ app~iatmeet ~all be awde ~s aw ~dmined ~ ~ eqrit~ aod y• a~aer o( ~b~olate ri~t t~ t~e 11l~etp~ee ~od ~Mt tbe ~e oy~ be dose ~ri~6wt ~otie~ t~ ~he 11[~rtpior. ~ (t) U toreclosore prKeedin~s ~uld be iwtitoted spirt t4~n~e ~tr e~veted by t~ir m~rtp~e pae ~ap ~t6er liea ~r elsie wbetber alle~ed to be supe~ior or joaier to tLe lien d t~ia m~rtp~e. t6e 1l~rt6~6ee ms~ st 6is optios im~sedi~tel~ upoo iaui~wion ~f w~h ~ wit sr dnrirK the pesdeeer tbered aeel~re tlw ~rtp~e aea tie indeb~edwas ~eeved Ixreb~ dne wd p~nble f~rtbrrit6 ud ~w~ ~t ib ~ptioo prxeed t~ foredwe tltis m~rtp~e- S c Tb~t t6e lloctppr ~+ill keep ~11 ral ~ed pers~d pr~pertT w~? or bendter e~e~u~berea b~ th~ liea of tbi~ m~rt6a~e inwred as aur be requirtd from timc te tiu~s b~ tbe M~etp~et yaia~t iMS 67 6rq ~rindstor~ ~nd wbcr 6asards. «waltia aad cantio6cocia ~ fsr ~od~ periods aed IK not las t6~n ssc6 sa~ousu r~n7 re eq~ire~ b t6e MKtp~ee aud to W7 Pronpdr vbta dne d! premium~ for such iowr~~ea 17~e anoosu in~araete req~irea b7 /ie UsrtPBee ~1 be the miai~awn aa~uau for wrhic6 wid iasnnnce slyll be nrinea ~ad 'n ~11 be iweoa~beat ~po~ tie U~rtppr t~ MiMaio art6 ~dditiowd ins~noee a mq be nccawh to ~ueet and eoe~pll ~ (dl~ MItI1 tII CO~OW~iOtt tlqYllt~tAi~ cowi~ed i~ ~~licie~ t~ tbe eed tL~t tbe pid lllort~`er i~ e~t • eaimaror therennde~. lu~uraece s6dt be ariua b~ • eoopasj K c+m~uie~app~~ ~ed ~t de~iP~ted b7 ttie M~etptee u~d aUpa tieiw and ra~err~4 ~6ereof u ~6d1 be 4ld h t6e MeRp~u. All ddail~d daip~tl~ b~ the Y~rtppr w6ir6 ~rt~e~epted bT the Mwtp~ee s~d d! a~rr~ueou betwem M~etpao~ pd id~rtp~ee re4tia~ t~ iwssra~es. M~r e~tins er hertJter m~de, ~0 be in «ritio~t ~nd ~6aU be ~ part oi tbi~ ~ oort ~Reewe~t r tdl~ r t~~6 ~et f~ ~erb~tiw ~aeia ~~11 ~overe b~tL putia 6erst~ u~d tbeir aeceMOn aod asipw. ~ eew , N~ l~~ pow wl? ~f ~aid NIKM~ 9~ ~O~Yfrt! K OM~ Y~ ~Yed sr ~eturn premiam ahieh a~~ be p~~~ble e~ ttie aneelta~ioa ~r i termienies t6ere~l. ~ll be p~ea t~ etLer ~ trs MKtp~ ea b~~pr.oer 2ndor.e~nes~ a~ced wcb oolie~ a.d •~eved b~ e !1lortp~e. F.~ci ~olic~ ~1 iwrneee ~MII 6~u a~ed t6eca~ a Su rd 1~I~.. York Mortp tee Clswe wi~bwt Co~tributio0. m~kiax ; ~ dl Iw er IoMea ~oder ne6 Mlie~p~ y~ble t~ tbe Y..ya~,es a. w iecerae m.r •peu. i. t6e ereat an~ wm or waw moneq bKOmc Z WT~ble t6ueo~der tbe Mortp~pce ~6d1 6r~e tLe ptiw ecoeire wd aoyl~ tbe wme ~n Kramt e( the indebtedaew herebr ~eeured. i e ~r t~ psrmit t1~e Y.r~P;.r ~eeei.e aed ~.e i~, .r .wr ~.~c ~.ed. ~ntww tbcreb~ v~nioia~ K iapurio a~1 ~N~~7. lien+ or riRht wider ~sd b~ virtse ~f 11tiw oortp~e. IA lrtOf ~ I~M K~iK~I ~IU~6t 10 the m~ttp~ed pr~peit~ tLe ~ortlta~or ~iwll ~v~ id~we- di~te aaiee t~eof b~ ~il a tbe M~rtp~ee ~ad tie Y.r~p`.~e wr sake pro~t ~f Iw if tbe wme is ~ot w.de or.m~l~ by ~e ~ Bo~K162 PafE 200 ~ - ~ ~ . , - - - ~..~~r-~= _ . j