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PROVIDED. AI.NAYS, t6at ii t6e Mart~,a~oc ~haU pay unto the 11[ortRaaee ~he ind~btednces ~videac~d by •
oertai,a pro~rni~wr~ note of wWch ths lollowin~ ia ~rord~ and 6~ura u a true copy tawit: ~
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l A~a~9°~. /Y~"t' ~
~ i Miami. Florid~ ~T~tit'! ~ 19
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~ FOR VALUE RECEIVED romise to par ~
co the order o ~a~ ~1'~Qan8~1 ~w ~/1 M ~
~ che principal :um oE ~1' ~ S 8l~~~HqDOLLARS. together with intera
~hereon from date at the nte oE ten percen~per annum unW maturitr. both prindpal and intertst beingp~
yable i~
lawful mone~? ofshe Uniced Staca ac 203 Ropa Building. Miaani, Florida. or at such ochrr plaa as ~he holders hercof ma ;
deaignate in wriiing Principal and interat p~yabk ~n installmenu as foDowi:
os
Os~-~rid 100.00) Doslas~ p~s soa~h at 1B~ 15th dp ;
•t !'4RSyb~ 1 , aa~d ooatiso~ e~1 11w l~~lt 0t ~aa1 a~t~ ~s7
.wti~? ta.r..rr.: D.sa ss ~i.
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This note may be pnpaid in ~vhole or in pan aEter one year Irom the date hercof upon payment of a penalty
equivalent to two percent oE the principal sum prepaid ;
Each insullment payraent shzll be aedited fint on the iaterat due, and the remainder on prindpal; and interat
~all thereupon case upon tht prindpal so credited
~ 'I'he makers and endona~s of chu note furtha agra w~raive deanand. nocice of non•pzyment and protat, and
in che event auic ihall be broug6t for che collection hereof, or the same ha~ to be coUecccd upon deanand oE an attorney.
co pay reasonable attornry's fea for making wch ooUation.
DeEerred psyments ha~eunda ahaU bar interat st the rate of ten verceac. per annum Erom autwity until p~ud.
This noce u:ecured by a mortgage of evea date herewith aad is w be ooruwed and enEorced urording co the laws
of che State of Florida; upon default in the payment oE priacipal and/o~ intaat when due, the whole sum of principal
and incerac remaining unpaid shall. at the opho~ of t6e holdtr:, beoome immediitely due and payable. .
James B. Fosac (SEAL)
~atine Smith Fo~ ~5~,~
and shall pedorm, comply with and abide by eaeb ~ad every t6e ~tipnlatioaa, aRrnttatnts. conditiona and coveaant~ at
eaid promiasory note and o[ thie deed, ihen t1w deed ~nd the estate ihereby ereat.~l ahall cea~e and be null and void.
1. The Mort6a6or hereby coveaant~ and a6rees:
(a) To ps7 dl ~sd sinpulu tbe pri~eipd asd istere~t ~d .~bu .m. o«Kr wy.ble br ~•ictne ~f Mid P~iwry aote aed t6i~
j deed. .r ei~Ler. Prespd~ oa ~be d.~. ee•pcea.d~ ~he wse .e.e~sty bec.~oc. ~e.
Ib) Te petmi4 nmmit er wter w~ra~tc ud u asaiat~i~ tie i~~vmsnY ~t ~11 time~ is •~t~te p~d «p~ir d e~editiN: ~sd
~ to do or permit to be done to wid premiw eot6ias tb~[ wiU aker K e~e~e tLe re ud ~u~~ctcr d wia pnpert~ ~r ia ae7 r+ay
t imp~ir or aeakm tbe ~eearit~ ~f thu aNrt~~e. And ia ea~e ot 16e ref~l, oe~leet K is~bilit~ d t!e M~rtppr t~ rq~ir ~nd nui~ui~
E a~id properq, ~be M~rtplRce aa1. ~t ~~ptiew. euke ~L repin er enrt ~e swc t~ `e swde. ~wd ~r~~ee Mne7~ ia tWt be6di.
~ (e) T~ p~r all ~ed siu`ulu tbE tues;
weMmeats. levip. ILriliti~. aad ~Wipti«s~ ~f erer~ atve ~e w~ ~aeribea K~pe~t7 ea~6
~ aad e~eq r+6en dne ~od p~)ablc ~ce~rdiws to I~r+, bd~r~e ~tiens~e deli~quea~ wd te ,delivu t~ d~e M~rlp~ee w~r betere M~reb
15t6 of ach ~n~ ux reteipti evidencinR tbe p~7~~ eI ~11 nU~ iopMea tua tor tbe preoeb~ ale~d~r par: t~ indaa~ify ~be :
~ Mon~see upan hi~ daoaad for all tazn, wern?enb ad ~cw tb~t au7 bt as~ ~W° t~is ~~~Re'~ t~ ~b~~M ~nted ~
6ereby, ~od p~id b~ the mortRaRee. ~+ithout reprd te w~ law 6erN~fKe taatted er hue~fte? t~ be ee~ete~d iopMiwR p~rweat ot t6e ~
~rhole or aa~ p~rt thereo( upon thc Mort~~ce.
(d) To p~~ all ~sd siaRul~r tbe e~a~, c~r~a ud esPea~. i~da Iawten' fea nd ~b~trset e~w rea~wbl~ i~e~r~ ~rpu a~t
wT time b~ tbt 1[ortp~tec bee~we o( tbe f~ilare ~e t6e part ~f t6e IN~etppr u pedorm. eM+P17 ~ritt Yd abiae b~ aeh awd erery
tbe stipnlatisa~, ~~eemeau, eonditions and c~ves~w yLuid ~+~wi~wq sNe ~ad tbK aeed. ot eit6e?. u~ eveip acL N7~sent s6d1
bear iaterat fr~m date at tbe n~e of tee per ceat~n pec
te) It i~ fartbe~ eo~enaoted aod sRreed b~ wa t6~t i~ tbe eve~t ~f ~ suirbeia~ iwiuaed a f~cel«e tii~ m.np~e. tLe l~~• '
p~ee ~11 be eatiiled ts ~t~ ~t a~~ ti'e 'r~ ~ iKeelMrt wit t~ tie eNrt lwvi~~ jori~diuiM e`ered tor tre ~pp~ia~eM ;
~t ~ receiver oI all and ~ia~alas tLe m~rtP/~ ~~P~*~7. ~~~Il re~u. i~a~ar ltii~ i~a ~wd ~ trere~f. ~ns ~rVu~e~ts
wnrce deri.ed; and t6ereupon it i~ bereb7 a~prad7 t~e~iei ~ aReei tL~t ~e C~rt ~6d1 f~etb~+it6 ~i~t wer eeeeiver «id~
the ~sml N~ren ud dotier ef rereivers iw like era; u~ rii ~~WI De s~Je b~ t4e e~mt ~~~uer ei ~iet ri~t to
u
tbe Yortpsee, and ~ritbout re(ercnce u tl~e adequat~ ~r iwdeqrty d tbe vdnt ~f tbe pr~pe*t7 6ereb~ meetpRed. K u tbe Nlveaey
iwlw,ner ef tbe Mnrt~sRocs K uh ~t6er put~ aetesdwt » we# sni~. lbe M~rtpltor bereM ~peeifieallr wsives t6e ri~t t~
~bjeet b tbe apy~iatment ~f • rteeiver u d~id asd 6ereb~ acpreNl7 e~wst~t tb~t we6 a~iatment ~6a11 br ayde a~ ~n ~d~eined
eq~t7 ~ ~~~11er ~f abNlate riRbt te t`e M~etp/se ~ tlrlt tbe w~e msy be done ~ri~b~w ~ire t~ the ]Yl~rts~6K.
If t~~edNOre prxeediw~ ~6~uld be is~titntcd ~~airt die ~r+P~rty n~aed b7 t~i~ m~rtlalx +P~n ~~tLer Ga ~r elaia ~?bed~cr
alle~ed to be superior or janior to the licn ot tLi~ aKtp~e. tk M~Ap~ee nwf n his ~ption im~ncdinel~ ypoa inuinaiew ~f wrh
wit ~r durin~ the pewdeae~ tbereof deelue tl~ia ~~rtp/t ~ t`e isieb~ed~e~s ~eFtired rrrebr due ~nd p~7ab4 tKtlwith a~d w~ n
~ ib ~pi~n preceed to foroclNe thw m~rtlt=l~-
~ Z'!wt tLe Y~rtppr ~?ill keep ol red ~ paswl prNerV s~+ K be~ea(ter e~e~tb~red b~ tAe lien of ihis m~rtp~oe inwrcd
~ m~~ be reqwrea ~rom time to tiu~e br 1be Y~etp~ee ~iMt Iw b7 irr. ~+iedst~rs ~nd aber IlWfdf. f~~WI1~f1 !pd t~fN1ARtK14
(~r s~b perioas a~d tor sol las tb~s soe6 ~w~aw-as~7 ~~i~ Mwtp~ee ~od 10 ~r Prowiptlr .+bew dre ~II p?emiurm
t~r ~oeh inwneee. 17~e ~meunls ei innn~oe te~i+e~ `f trs 1Metis~ee 1 bt 1he miaima~ siwoun~• (er wrhich wid iawranr~ ~6d1
be rrineo ud it ~11 be iwansDent sPN ttie MKtpNNr b~i~ ~~ei ~daitioMl iawtute a~ au~ br necw~h t~ ~oert ~nd eomply ~
~dl~ ailb all e~i~wraeee req~iremeau eowi~ei is ~ Mlieie~ t~ tl~t e~ t1W tbe Mid Al~rtpR~r i~ nN • e~inwror therwnder.
Imorasee ~it be ~+rittee br • compaoY K~iaap~r~~ K de~iPNed by ti~c Mwtp~per and allp~ lieiea ~ed reeea~b tlKreot
~Ldl be tiela b7 tbe Mortpta- All deuika aeaO~tiw b 1~ ~~PNr whie~ ~re ~ b~ tAr M~et~~ou u~ all apeaueeu
betwees 1[Ktp~or ~ Ywtp~ee rel~tiws u jwr~a. ~w esirtiw~ K~~e? ade. ~ be in ..ri~ias aad ~ll be a psrt o( tbi~
mertp~e ~~emea~ r i~ ~ tMo~h w f~et6 ~erb~tia~ 6e~eis ~ ~Wl p~erw b~t~ puties Le~~ ~nd ~beir wec~swn aod a~sipy.
N~ lks q~ ~wf Nid d iewn~ce K~~w a~1 nfwa w eetrr~ prs~+ia~ w~iel~ nuy be p.~sble w t4 aseelb~iew ~r
N
teneiw~ties tba~e~f. ~bd1 pvee t~ ~tLer 1br eLe lt~rtp~ee~ eie ~67 ~npa ead~nen~ew a16ed t~ aK6 Pelie~ ~wd ~ppr~ved b~
Mortp~ee. E~cr pdiep ~f iw~r~wcti ~11 6ase ~s~i t6eral~ • 1~le~c Y~rle M~rtp~ C.I~mr wit1~1 Ce~tribwiM, m~kin~
pe~r ~
all 1~ ~r l~es ader soe6 Mlie~p~
r~ble i• ~6e Y.ress~e. « i~. ine.~a~ s.r •rpe.r. In tb? e~ent ~s~ n~n or aaa~ d mowey b.ronK
W»~ tbe~easaa tbe Mertp~pse ~11 k~~e 1~e ~tio~ t~ reoeiw ~yp1 r t6e wae Krount ~f thr indeMedsen c~reb~ ~ecored,
~r to persit t6e Mwtppr t~ reoeioe ~ we il. K aq Nrt w~t tb~ebl w~i~is6 ~r iwp~irinR aq Mo~h. k ~I~
•nder ~ b~ vietre ~t dw a~p~e- I~ eveft ~1 {M~ ~E ~~al ~wet ta Iht at~rtp~ Pt~l7nk Mottq~K .Mll~~e iw~.
diNe w~tiet ~re~t b~ Mil t~ tl~e M~etp~ee ~wd tbs Y~rti~M'~ e~r s~ke prwt Iw it t6e wwe i~ Nt .aae pr«epl~ b~ t6e
8ooK264 P~cE1544 .
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