HomeMy WebLinkAbout1086 : .~~~t: ~ ` :'-1'
PROVIDE~ ALNAYS, t6at i~ t6e Moetda~oe ~6aU pay unto the 1ldortRa~ the iadebtedaws evidep~cd by a
oertaia praai~w~ vo~e f• o[ ~rLich tbs followiaa ie ward~ ~nd 66u~+a u a true copy tawit: ^
~ /KdN~90~t /YO~
i Miuni, Florida J~~ 19 l~
i
j l FOR VALUE RECEIVED ~ r~ promisetop~y
~ ~o tht order of
che printipal sum o ~OLLARS. together with interat
~hereon from cfate at the nte of ten perrent. per annum until maturity. both principal and interest bei~gpa yable in
lawful money of che Uniced Stata at ~03 Ropet Building. Miami, Florida. or at such otha place u the holders 6ereoE may
~ designace in wticing,..Principal and interat payable in instsllmeatt u Eollows:
,
~ ~'ws~tin ~ ~~~~t 0~ ~~~~i~~ ~a~e1 r~r~
~ ot N~i~eti+ 19~1~+ ~?~i
; ,w,m~ ~u ~a s,.
i
i This note may be preJ,aid in ~vhole or in ~~art a[ter one year irom the date hereo( u~x,n ~~yn~ent of a penalty
! equivalent to two percent ot the ptincipal sum ptepaid.
I Each installment pa~rment shall be credited fint on the interat due. and the nmainder on principal; and interest
i shall thereupon cease upon the principal so credited.
The maken and endorsers of this note further agree to ~vaive demand. notice of non-paymenc and protat. and
i in che event ~uit shall be brought for the collation hereof. or the same has to be collated upon demand oE an attorney.
I co pay reasonable attorney's fees for making such collection.
' Deferred paymenu hereunder ahall btu interat at the nte of ten ptrcen~ per annum from maturity until paid.
This note is secured by a mortgage of even date hue~vith aad is to be construed and enioned according to the laws
of che State of Florida; upon default in the p1yment of principal and/or interest when due, the whole sum of prinapal
and incerest nmai~ing unpaid shall, at the opaon of the holdas. become imm~diately due and payable.
- Glenn Z. Storms ~5~~
Kathryn D. Storms
~5~~.
sed shall pedorm, comply with md abide by eacb aad ~vary the ~tipulatiow, a~pree~ntnu. coodition~ and ooveaanL of
wiJ promis~ory note and of this deed, thea t}w deed wd the ~state therebp created ~6a11 eeaae aad be nall aad void.
1. The Mort6aaor benby oovenanL and a6rees:
(e) T~ p~~ dl a~d ~i~~ul~~ tbe ~ri~eiMl ~sd ietcrat wa Nlwr ~~t owef Mf~le by rirtue ~f wa pc~miwry Nte md t6i~
i deed. or eitber. K~spd7 w ~be d~~ rapeeti~d~ tre Moe ~eve~ali~ bee~s ~.e.
(b) Ts penwiy e~omit er w[u w...~e ua t• ..inai~ tre isp?•v~eew a~Il tiw iu •~ue ~t p~d rep~ir ~i cwditi~e: ~sd
to do or peen~it t~ be d~ae t~ Mid premi~e~ w~this~ t1Nt ~?i11 ~ke~ K eWw~t tie ~re aw~ e6ar~t~ ~~iJ w ia as~ a~y
imp~ir or we~kea 1Le ~eevit~ ~t t6i~ aNrip~e. And 'u ta~e ~t d~e refwl~ ~e~leel K ia~bilit~ tbe It~rtp~r t~ repnr ~ad wi~ui~
wid proput~. t6e 111~ttp~ee ~ W~Ni~w. Mke we~ n~irs ~t awt tk w~t t~ ~e w~ae. a~d ~+wce ~~cT+ ~e tL~ beLd(. ;
le) T• p~r ~ll wd sinplar t4e a~. aMawaeab. leriea. li~Lititiea. ud ~Wiptiw ~t e~eq ~ae ~e wii ~e~eeibeJ ~npert7 de6 ;
and evehr wlKU dre ~od pq~ble ~oe~rdiw4 a l~M. bet~e~e~ ~ee~s~e ddi~qreM. ~d u Aeiiver t~ t`e. M~etp~es w~r be(~te ![~rcb •
15th ot e~ch ~ar tu rece~pu e+ndeseia~ t6e p~peeat ~t dl f~«tnU~. ie*~ed uua•ter t6e preee~ ede~r ~ar: t~ isdem~itr tbe j
Mortpsee ep~w 6i~ dmund for dl tues. are~meoti ~sd d~ups tht s~y bt ~ aMw t~is ~etp~e ~w t4 isaeMedwe~s ~eeored
bereb~. ~ad p~id b~ tbe msr~P~ee, ~ri~how riprd t~ an~ law Lere~~iKe ea~etd ~r I~ere~ter t~ `e ea~etea i~pwi~i M7~~ ~
w6ole ~r ae~ p~rt the~l epon the b[~rtp~,ce. 1
ca~ r. p.~ .u ..a .i.sd.~ ~ ~.a., ~ ..a a~..~., i.a~~.~.r..• r~. .e.~.~ ~«a ~.....s~, K!+~a ?
.e~ u.e b~ ~bc Yas~a~ee bee.we ot ~be ulwe .e ~Le psr~ <be .nat.~ a~t.~e. e.•~p~s ••i~ ..a ab:ic 6~ ..cr ..d arery ~
tbe rtipulatieea, ~emew+ e~aditiens and e•ves~st~ e~ Mia ~iwsr7 Nte ~d t6i~ ~eea. ~r eit4~. Mi ereq wei /~~ewt ~L~11 ~
bar iiterat tr~s date ~t tLt nte ot tea per etet~n per ~ww~.
le) b u tort6er e~~eaasted ~sd ~freed b~ w'a p~etie~ tVt i~ t6e eveat e( ~ suit reiq w~titwea t~ f~reelNe tkiw s~rtp~e. ~be f1~et-
p~ee dNll be estided t~ ~pll ~t ~u7 vse peiWioR Ne6 t.reel...re ~it t• d~e eMrt L..i.~ j.ei~dieti.. eie.rd tK d~e a~i.r.e.t
~I a re~ei~u a( all ~sd siwplar tbe m~rtP~ V~P~7. ~si 1 dl reet~. i~eNr. R~it~ iMwr ~ n~ewa t`en~f. t~ ~
wuree derired: awd tticeeupon it is 6ereb~ ~pr~ns1~ e~~ew~ei ~~p~eea tLM tLt '~wt~t i~U IK~6~+i~ yp~i~t nci reea~rer aith
t4 ~l poacn ud ~tia et reeei~ ia like ea~e~= a~ rii qp~i~tase~t ~Wl `e ~ie b~ t6e e~t ~~~M1e~ uriet ri~t t~
tl~e M~rtpsee, ~sd ~ritbwt ~efercnce t~ tl~e ~deqa~er ~r iwde~er ~f tbe vdoe ~t t6e pr~pert~ 6ereLy wertp~ed. K t~ eLe »I~ewc~
K iwlrese~ ~t tLe Mortp~on or wr otber p~rt~ iete~d~t M stie6 soi~ 1be Y~etp~psr ~neb7 ~pec~iedtp wainu tie ri~MM u
~jeet t~ tie a~eat ~t a te~eirer u at~nsaid ~wd feeeM a~e~17 e~w~eau drt wc~ ~/*~~AtOtM ~II bt MNdt Y Y~~ieea
edait~ ~ Mtu~ ~t abwlwe ri~it t~ ttie llt~etp~ee Nd t1~t the wwe awr be deee ~ritl~w ~iet t~ the M~etppr.
(f) H t~red«~e pr~eeediwP dwWa be iMtitettd y~irt dw ~npe~tr eo~e~ b7 ~~~P~ r!~ ~7 ~tier lie~ e4iw~ ~rtiqLer
alle~ te Ae s~pui~r or jrnior t~ tbe lica ei d~ a~~etp~e~ d~e M~etp~ee aa~ ~t Iw ~ption ia~w~ed'wd~ ~s ieai~utiew d aw~6
snit K anris~ d~e pawdeeer t6ered ~isc4re tWs w~etp~e a~i tLe indebedsns ~nrcd ~ereb~ doe ~wd p~pable f~etb~.it` ~~d wy~ ~t
iu ~tiM pheeed t~ f~redwe ~his ~Ktp/e. " ~
T'6~t tLe MKtppr rrill keep all re~l ~ei Pas~l ~pe~V NM K L!~l1~{K !~lYAbltld b~ IA~ I~tA oi thi~ ~rtp~e i~wred
e
r ssq be reqrired tnm U~IC l~ fllr! `7 lb! Y~l~~! ~/I~t MM ~ ~f~!•_MtA~1~f1~ ~~tbt~ hwrd~. e~~lua ~ad e~atinRe~eia
t~r ssek ~eri~ a~ fK eet la~ tLy sre6 awwsr ar a~ w rsN~~ed `j __t6e~l~eti~iee ~sd t~ W7 P~oMW~p ~+6ew dre ~ll Prrw~itra~ ~
r.e ~ inwn.ce. Tbe wowu .f ia~wr.ece e~irai b ~M 1[Ktp/x ~hd~ be tLe mi~iosw ~awwu f~r ahieh Mi~ iwwnwre ~hdl f
be wrinew ua it ~II re i~e~ebewt p~ tie ll«tppr u~i~ ~~i:iwl i~wn.ce ~ aa~ be seeewh t. w~ee+ .wd ewuply +
(dly nit6 dl ~iwr~e ~~resewb ewt~i~ i~ ~ M1kil~ b tl~e ewa t1iM tre Mii 111~tt~spr i~ at • eaiwnro~ therrneder.
pMe~
I~awa~ee ~it be writtes b~ • c~mpasT K a~iwar~.~ K aaipMe~ b~ t4 M~rtp~ee ~d ail ieies ~sd nnevn4 ~l~e~eof
.I~.il be 41a d~ eM M.rsp~ee. All dwil.a iaip.ei... y ~re M~~ier •re~cce~ted by ~he .np~ee ..d .U a~ew
retw~ ll~etppr ri Y~a~se rel~ti~ t~ ~w esitin~ K ta wde. ~U be in .rri~iw~t ad dull re • Met ~f tlw
w.n~ye ~e..e.t a. t.u~ .r t`..~L .a rNth retbtli~ ~a~eia ~ r6~11 pverw ~L arties IKre~~ u~d ~6ar wecaron asd ~sipy.
N~ liew yN a~f d wia MIie1N ~f inwrrce K~~w r7 eefai ~r tetun prani~ns ~rbi~h au~ be p~~able N tLe aweellatiow
ta~ni~uti~w traed. ~11 be O~ u Mier tbr tL~ Y~rtp~ee. ese ~l_Pr~ esd~ne~ne~t al~ed t~ aKL MIie7? a~ ~~oved b~
Mortp~sa Fici /die7 iwn~e~ ~WI 6~u ~is~i t6etet~ • Tlrr YKk lllKtp~oer f.IsnK ~.it1~M1 CNtrib~tiw. maki¦R
n
dl 1~ ~r l~a rier ~ Mlie7 rJ~te t~ tL~ M~efpw r ib i~t wwr ~/psW. 1w tbr ere~t ~n ww? K wm~ d aiowef bK~wK
M1~M d1° ~~p~ ~~11 M~e tLe ~tiw N neeire ae~y~1 ~ tbe w~e ~~rm d~ iw~eieN" 1ueb~ ~eeared,
~r q pawit t4e Y~elMpr u ~eed~e K~/~ tVre~/. wit~N tbereb7 rni~iw~ ~r i~p~iris~ M~ eq~it7. lie ~r riRht ~
uader a~i M~rirts~ d d~ Mrtpll~ b e~eu ~t 1~ ~r ~i~d dw~lte ~o tbe wwtl~~ PnM~7 t6r M~rt~nsk dyll ~~?e is~nK- t
diue .~eiee eM~ b•wi! e• d~s M«y.see ~.d ~s Y.e~pR.. ww~ wuke prMt ~t Iw if tbe ~we i~ Nt .de ~«nPtl~ ~?e (
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