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HomeMy WebLinkAbout1600 i . ~ ~ PROVIDED, AL~PAYS, that it t6e Mortaa6oe ~6aU pay unto the MortRa~ee the iadehted~eee ~videnced by a artain prwni~wr~ note o~ which the ~ollowityc ia ~rocda and Saures i~ s irue copy tawit: . _ . . ~ i /Ka~qoys /Yol. ~ 11~~~ Miami. Florid~ J~~ ~ 19 ~ ~ ~ FOR VALUE RECEIVED W~ •~011~~ ad~ Nfl~~~ promise to pay ~ i` co che order o ~ j che principal 1um of OLLARS. togethet with intaat ` chereon from date at che nte of ten percent.per annum uatil maturity. both principal and interat beingpa yable irt ~ lawful money of the United Stata at 208 Roper Building. Miami. Florida~ oi' at such other place u the holdrrs bereof may . ~ designate in writing. Priacipal and incerat pspabk in insallmeats a= follows: ! .00) Dslias~ g~r ~as~D~~ b~gianint~ oa t~1w ig~h da~ ot ~ ~ M~~, 19~b9• a~d oan~iaatia~ oa ~h~ l~ti na~? oi ~aoh aad ~wry sot~h ~ y ` tl~systt~r vat~l pa~d la tt~il, ~ i ~ ~ This note may be prepaid in ~vhole or in part aEter one year trom the date hereof upon payment of a penalty ~ equivalent to two petcent of the principal stun prepaid. ~ ~ Iiach installmene payment ~all be atdiCed ~tint on the interat due, and the nmaind~r on principal: and interat ( shall thereupon cease upon the prindpal so credited~ : ~ The makers and endonen oE t1w note furtheragra to waive demand~ notice of non•payment and pmtat. and I in the event ~uit ~hall be brought for the collection haeoT. os the ~ame h~u to be'collatcd upon demand of an actorney~ co pay reawnable actornep'~ fea for making such oollection. ' Deferred p~yments hereunder ~all beas iaterat st the rste ~ ten percen~ per annum hoan macurity until paid. This note is secured by a mortgage of even date herewith and u to be construed and enforced aaording to the laws of che State of Florida; upon default in the payment of priaapal and/or intemt when due. the whote sum of prindpal and interest ranaining unpaid shall, at the opvon of the 2aldas, beoome immediately due and payable. . ~ene V. Canpbell ~g~,~ I~arjorie G. Campbell . ~5~~ ynd shall pedorm. comply with and abide by eael~ and evuy the stipnl:tiow. aRreemeats, conditions and covenants of ~ saiJ promiesnry aote and of this dced, then this deed and the e~tate ihereby areatr.ci ~hall ceaee and be null and void. 1. The Mortga6or hereby coveaanb aad a6rees: /~l Te p~~ di ~nd siasula~ d~e pri~eipd ~ud i~terwt ~ed ~d?er snw et m~eef pq~bie by cirtue o( ~aid Pr«niswry OYI! aoJ thiu deed, ~r eitber, P~ovPti~ on t6e d~ps re~pecti~d~ ~be ~e ~e+re~all~ bee~+ne+~ dre. n I 1 b) To pcreu4 commit or s~er w~r~ate ud to a~aintai~ tbe impr~vemaM~ at d1 times is • q~te ~~~d rep~it ~ e~nditiw; ~ad k to do or permit to be doae~to wid premiw aothisa tl~t i+ill ~iter ~r eW~e tLe o~e ~ad ~luraeter o~ yid propert~ K in ~s~ w~y E impair or weakm ~be ~ee~?itr ~f tbi~ ewrtl~Ipe. And is eue ~f t~t refiwl, ~e`leet K in~bilit~ ~6e N~~iq~r t~ repair ~ad owiwia ~ ~aid proPe+t7. the MortPlt~ ~7. ~t 6i~ ~pti~n. auke s~c6 rep~in er awe tLe s~me t~ `e a~ac. aw~ ad~~wee a«mp is tbt be6df. ; ~ le) To p~r all and ~inanlar tht tanes, swa~mmu. levies, liabilitie~. ~sd ~bliptioa~ ei erer~ astw~e N wd ~e~eribea pr~peirt~ eae6 t ~ ~nd erer~ ~r6en dut ~nd p~rd~le ~eeordin` ts laa. be(ore fLE~ bttOW! dlll~ItO~ ~Od I6 ~tl~~ t~ II~! MOftp~E! M K~Ot! M~K~I S 15tb of peh ~ear u: reee~pu e~idenciuR tbe p~~ent ~f dl ~wiullr ie~pwod tues fo~ tbt preeediot edead~r par: t~ indem~itr tbe ~ Mort~taRee, up~a hi~ demand (or ~11 ta:et s~sewnenu ~sd eL~r~s th~t nur be asaxd upon t6is OKi~Ae ~u tbe i,dcbtedoeM ~ecnred ~ 6ereby. and p~id b~ ~e mnrtpRce. wri~hom reprd to u~y 1~~+ bere1ef~re eoaeted er bere~iter t~ be en~ctrd i~pMisR p~~meat o( tbe xhole ~r anY p~rt thereof'upon the Mort~~eee. i (d) Te pq dl aad siaRnbr tbe cwn, e4u~es asd esperey i~dudis~ 1aw~en' tea ud ~b.tnct caw rcaMn~blT inerned ~r p~id a ~a~ tioe b~ tLt ~ortpRee bec~use of the f~ilyre ea Ibe part ~f tbe MKtppr t~ pe~form. ee~plp vri1~ ud abiae br eac6 aad ereqr t6e uipulatio~s. ~Rreemenu. eonditiom ~ad csve~nu ~1 nia p+siMerr e~te ~ad this deed, er eitber, ~aa e~eq wcL p~~mest ~ll bar iutereN fnm d~te al the nte of ten per eeetnm pu ~ww~. (e) It is ten6er e••ewn~ed .nd aRrud b~ widp~ rtia l~t ia t6e eve~t snit bei~R ieMilWed t~ /~rcelNe tbi~ mortp~t. tbe ~(~rt- ppx ~h~l1 be entided te appl~ u w~ tise p~d'w~ ~seb t~eel~ee wit t~ tbe te~rt bsvis~ jwi~dieti~w ekres( (er tie aop~is~ ~t ~ rceeirer ot all asd aia~r the mertpKd Pr~pertr. ~oi ali realb i~e~. Pr~6tr+ ir~n aid rereara tlered. (ras ~e~er wurce derired; ~nd ihereupon it i~ hereb~ ~prasl~ e~.awte~ ud aReed tLa t6e Cwm ~p I.rtln.i~h ~ppoiat ~oe6 reeei.er .it6 t6e asnd perren ~wd daties of rereiren ia like e~a; ~si ~~iue~eat ~1~ be maae b7 tbe ~wrt auner ~triet ri66t to tbe M~rt6asce, ~nd r+it6out rcfrrcnce te lhe adeqwc~ ~r ~o.deq..er .t ~be ~voe o~ ~be nrooe.ey 1~eKbr ~w*R.R~d ~ ~e ~be wl~~ or iewlrene~ ~f the MortRaRon or ~nT etber p~rt~ admd~at N sre6 wit. Tbe M~rip~ROr beteb~ ~peci5nlly w~ivd tLe ri~tM t~ ; objeet to tbe appointment o( a reeeirer u aforewid u~d bertb7 acpreMlr e~ments eb~t ~aeh appaints~eM rball 6e m~de p an admitted ~ eqoitY ~ed a~tter of abwlme ri~n t~ tbe MKtp~se ~ed trq 1Le s~oe may be done wi~bew aNi~e t~ dK MortpRer. - 1(1 U f~reclwure pr~eeedinis ~ould bc ie~tituted ~ria~t tLe ~r~perty eerered b7 ~b+~ ~~It+1t~ +Pon ~ar ~ther lie~ or d~iw~ ~.be~er ~ ~lle~ed to be snperior or jnnier to the lien ef tbi~ m~rtp~t. tbe blKtRasce m~~ ~t hiR option immedistelr oooa imuiu~tiow weh z a snit or dariaR the_ pendeaer thereol decl~re tlw ~Ktp~s ~d t~e indcb~edwe•a .eewed brreby due .nd p.~.bk t•Mh.?i~b swd ww~ n ib option pteeeed ts forcd~e t!w morlpRe. ? eep p~r~w pr~perqr n pRe inwred ~ (i) Tlyt tbe Nort~pr ~?ill k dl ral aad 1 n~~r ~r Leredur eneumbered b~ the lien of thi~ mert a~ ~nar be roquired from time to t~uie br tbe ll~etp~ee a~uaN 1w b7 6rs. M~O~1~~10 ~ad otber ha~rds, nwal~ie~ and e~ntin~teKia f~r soch pcriods ~sd (or nm lw tbu~ aneb ~o~uats ~s'.r re ~q.~nd 6r ~be N«rt~.Ree •ed ~o w~ vromptlr .vhen dre ~11 pKminem (er sueh ia~anaea The ~onnt~ o~ inunwce reqrirea b~ tis ~4etpiee Ehdl be the mieim~a amouna fer ~+hich wid i~ur~nr~ ahdl be xrittea ud h s6d1 be iaem~bent ~po~ tLe 1~IKtpNr t~ Miwiw sreL ~dditiwd iwv~nte a ma7 br nectwr~ !o meH ~nd eon~ply ' tall~ with all eaiasuraMe reqriremenu eoM~i~ed is Nid Niities t~ tbe eed tlwt the aid M~rlpRsr i~ nst a raiewror thrr~un&r. ~ lnsonuoe ~l!- be r+ritu~ b~ • eompaws ~r i+s~ies pr~~~r des~PMea b~ tbe M~rtRaRer and all pnli~ies ~ed ra~ew~4 ~hereo( : tee ~!1 be 4Ja 6~ tbe Mwtp~ee. Aq deuilea de~ip~ti~r b~ tbe M~itppr ~.lue6 ~re cd b~ ~hr Msrt~s~tee ud d! •~luenu ; becwees Y~rep~or nd Y~rtp~ee ret~ti~~t a iwNrso0. M.+ ~tin~ ~r beredta m~de. ~6+ 1 be in .+ritioe ~ad ~11 be ~ p~n of thi~ s~onp~e ~aeanewt r idl~ a tMa{h ~et f~+tb re~Mtia ~erei~ ~ad ~6d1 p~erw bNb p~rties he?M~ ~nd ~bcir wecawn ~nd auipr. # N~ lies tipN uy d~tid liaa d iawn~ee ~t ~w q7 rdn~d ~r e~etur~ premiuo w6ich m~~ be p~~~ble N ttie cawcella~ion ~r ~ u tenoi.atiM t6err~1. duU p~ee te et`u Ibw t`e 1t~rtp~ eacep b~ endotse~neM d~ed te we6 oelit~ ~wd spPr~~ed br Mortp~ee. EK~ Mlie~ e~ iaNV~eee slNll buce ~ised thereu • Standud eM York Mwtp~ f.laur Mri~bwt Costribatiew, makiaR ~ dl Iw ~r I~es osder ~~c6 p~lic~p~ nble t~ t6e M~stp/es r ip fsterew wN~ ~pe~~. in tb~ ermt ~nf wm er waa ef ~nowef b?~omr W7~ble ~henawae? the M~rtpRee ~6d1 b~~e t`e ptie~ t~ reoeive u~ ypl~ tbe wme en K~oum ef thr indcMedwn~ hernb~ ~eenrrd. t e u t ar 1~ permit tbe M~rtRa~ N teceite ~d o~e i1. K a7 PWt i~ere~. writMm ~be~ebr ~+~i~inR ~t iwp~iriwR ~w~ eqllitr. lie~ ~r riRi?1 t YAdlf M{~ b~ ~ffr! ~ 1`Y OOflp~!- I~ ereet d 1«s K~al d~aw~pe to cbe monp~cd p..pcn~ ebe MenR.R.r .h.ll re iauwr ~ diste aMke tl~ec~ M ail t~ t6e M~stppe and tL~ 11[~etp~e ~r ~wke proof Iw if tlw wme i~ w~ w.de p..malr br ~be i , ( - ~ ~ K1~4 PAGE.1~ ~ . , . . . 98 . ..t G.y~~~~,.rF . - _ - ~u ' :.^trH~~ C '~r `F a~ f . . . _ . . - ~ , , v4?"~ ' 4i.~^, _ .t.=Y: