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HomeMy WebLinkAbout1888 i J PROVIUEQ ALNAYSr t6at if the Mort~aaoe ~all pay unto the Mo~tRaaee ~h~ iad~hteclne~+s r.vi~lrneed by a oertaia prwniMOr~ aote ot wWcL ths ~ollowio~ i~ ~rard~ and fi~u~es i~ a irue copy tawit: _ ~ • /~'rd~~ ~0~ s a'~0~.00 Miami. Floria~ ~til'~al'~ ; 19 69 FOR VALUE RECElVED W~ 0 ~~1~ promiaetopay ~o ihe order oE hsr DOb ~ I ~pLLARS, together with interest che prineipal sum of ~hereon from dace at che nte of ten percent. per annum until maturity. both principal and intemt beingpa yable in lawEul money of the United Staca at ~03 Roper Building. Miami. Florida. or at such otha ptace as the holden 6ereof may . designate in wricing. Principal and interat payabl~ in iastallments as tollows: ~it'~r C~50•~~ Doll,~rs p.s .oatl?, ~.gsaass~ oa tti. ~5~~ ot ~?pri~t 1 ~a~d aoatiuttia~c oa ~ lssh a~y et ~aoti aa4 ~+s7 sw~D ~1wr~si~~s ut ~a~~i y~d ss tr~u. ~ ~ This note may be prepaicl in ~vhole or in ~wrt after one year Irom the date hereol u~wn payment of a penalty ' eyuivalent to two petcent ot the principal sum prepaid. ! Each instaliment payment ahall be ctedited fint on the interest due. and the nmainder on principal; and interest shall thereupon cease upon the principal so credited. i The maken and endorsers of this note further agree to waive demand, nocice of non•paymenc and protese, and ~ in che event cuit shall be brought for the collection hereof. or the same hu to be collated apon demand of an attorney. . to pay reasonable attorney's fea for making such collection. Deferred payments henunder shall br.u interat at the nte of ten percent. per annum Erom maturity until paid. ~ i This note is secured by a mortgage of even dau herewith and is to be conserued and en[orced according co the lar~n i of the State of Florida; upon deEault in the payment of principal and/or intemt when due, the whole sum of principil and incerest remaining unpaid shall. at the opvon of the holdezs. becoane immediately due and payable. ' Luther M. Wheeler ~5~,~ Georgia F. ~Theeler ~5~~ snd shall pedorm, comply with and abide by each md every the stipnlatiow, a~een~ente. condition~ and ooveaanb of said promissory note and of this deed, ihen this dced ~nd the ~tate thereby creat.d~ ~hall cease and be nnll and void. 1. The Mortga6or bereby oovenant~ aad a6rees: " ' To p~~ dl ~wd siw~nlar t~e pri~eiMl ~nd isterat ud Nher ~t w~we7 P~7~k b1 vi~tue o( wid pr«niwry avte mJ thu ' deed. ~r eitLer. MwPtlr .n ibe d.~. n.pee~i•d~ ibe woe .e.e~.ll~ bce.me. dre. ~ Ibr TO Pl~~I~ l~Omt K Nl<t~ M M~t a!~ 10 A~IILLt~ 1`E I~f~~ItWtN/ ~1 ~II l1ml~ ~•~ate ~t so~d sepair ua e~oditi~s: u~d ~ te do or pera~it 1~ be d~ne te wid prea~i~u eethi~ tlwt ~ri11 alter ~r cL~s~e 1Le re ~wd ~lnraeter of wia pr~peti~ ~r in ~o~ «~y ~u ~ imp~ir or v?eake~ tbe ~ee~ritr ef t6is awrtp~e. A ie ea~e tbe re(w1. ~etleet ~r id?ilit~ ~f tbe N~rtp~~~ a rep~ir ~nd o~~iw~~ ~aid prope~tr, t6e lbetp~et wl?. u W~ptisw. ~ake wti nain ~r nrt t?e ~e t~ be n~e. a~ ~rawce w~seln ia tdt be6df. (e) T• p~r all ud sia~ulu t6e tuea. waaae~a. 1er~e~. li~bflitia. asd ~bllptiw ~ rt~rs ~i ~~e+eribea Pr~perty ae6 u and e~er~ Mrbea dee.~ad p~J~ble ~ee~rdin~ 1~ lan, be(~e.~ ~ee~n~e deliwqoc~t. aad t~ ir~t d~e Meetp~ee w~r 6efere M~re6 ISt6 0! eacb rear wt~ reeetpb erideneins tbe rf+eeat ~f all L~rlnll~ napo~ed taxes /or tbe peeeedia~ aiead~ 7e~?: u indcm~itr ~be Mortp~ce wp~s Li~ acmud fo~ dl tua, arerneab awd el~u~s tWt au~r-be aware~ y~w tLi~ aKt~s~e on tbe i~deMed~eM secnred ~ hereb~, asd p~id b~ 1be moctpltt~. ~+idW~ teprd to ae~ Isrr bereui~re eweted er bece~ker t~ be eq~eled i~iei i~7~st ot tLe ¦rhole ~r ~ar p~rt•t6e~t tipon tbc MKtp~se. (d) T~ M~ dl a~ ~~o4r d~e e~w, ~ s~d e:peMa~ i~d~dis~ law~an• re.. ..a .b.~:.~ ~aa .r.....by iwenrrea ~rp~ id ~t ss~ ti~e b~ tLe Y~rtp~ee beeawe ef t6e ~ilore ea ~be part d the 11[wtppt t~ per~o~m. eeoPl~ ~rit6 u~ ~biae b~ ael~ ~wd erery tbe ~ttpulatioas. ~eeowti, conditions and eevta~wt~ et ~tid ~iwory nete qd t6is ~ted. ~r eit6er. ua t~rery wer MTre~t shdl be.r i,uerat frNO d.te at tbe ra~e ot teo per ec~tnm per ...a~. (e) It t.nber ce.en.a~~d .nd .R«d br s..d a t6~t i~ t6e eve~t ~f a soit bei~ i~rtitnted t~reelNe ~a monp~e. tbe 7ii~t- ~e .b.~~ b~ ~;a~a .~r .c ..r n~.e •'a~ ~ t~elwre wttt tl~e ewrt In~ri~~ jeri~ieti~w eleee~t (K tie ~pp~iereet ? ~f a r«eiver e( ~11 asd sisplar t~e m~tp/ea PnP~~t1. ~~f dl reou. i~e~ti. lr~6tr. i~ ~wd revewe~ ~bece~f. fn~ oY~weru ~ waree derived; and tbereupon it i~ 6ereb~ espreal~ e~~wuu~ ud speed tWt tbe 6'nrt ~U t~rtb~ri~6 ~pp~iat neL neeirer ..itb t~e ~wl pewcn wd datie~ of reeeiren ia like ea~es: uJ ~~i~ ~6d1 ?e s~ie b~ tbe e~art aner d~trid ri~it to tbe M~rtp~ee, ~sd ait6~ut refercnce t~ tbe ~deqn~e~ ~r ~.deq..er ~be ~doe .t ~Le p..pen~ be~ebr o..r1R.~. er a u~e .e1~~r K iwl~a~e~ ~f ~6e Mortp6on ~r ~n~ ~tber p~ry adeed~t sreb srit. '1Le 1lktpRer be~eb~ ~peciGall~ w~iva tre ri~tht t~ ~?jeet ts t6e app~i~bwent ~f • reeei~er ~ doresaid wd 6ereb~ apresd~ e~nsens dyt nel~ ~DPaiatment ~hall be ande «~w ~dmittcd aqrib awa ~•~~i ~1~ ri~ht t~ tre MwtpMe rd ti~t tbe wwe m~~ be deae wn~t ~iee t~ the M~etp~. ((1 if fereclMare pr~eeediw~s ~6~dd be ia~tituted ~~airt ttis}npe ar eevaed b~ ~i. a~a~ ~Mp a7 et`a lie~ K el~iw ~rre~her w ~ alle~cd te be saperi~r or janior t~ tl~e liea o( etiu.wetp~e, tbe MKtp~ee ma7 at ha ~pti~n iminedi~te]r ur~ iaqi~mien d wrb wit ~r dwia~ tbe pewdeae~ d~erat declue dw ~wtp~e a~i tie iudeMed~ew ~eeued 6creb~ dne ~wd ~~k t~etlwi~b ~wd wwr ~t itr ~ptiee ~r~ceed t~ /sreclNe tiw w~rtpte- ~ 1'~t tLe lli~rtppr ~rill keeP dl ral ~ui perNVl K~l~V ow ~r beredter t~c~mb«ed b~ the (irn o~ thi~ m~rtp~~e iwwred m.~ be required (r.w t~~e up.e br ~be ~t.nasee .piea 1... M ire. ..iedK.n. ~sd aber hwrds. nwalties aad ~~atie~te~cin t.r ~od~ perio~ sea for .et lea~ tlm ~ae6 us~uw M~ired b?~ ~t~6e M~rtp~ee ~nd to V4 Prow~lr .+bcw dre dl Pr~mium~ f~r ~~eh iwnruca 1Ue ~wowu ~t in~ee re~ir~i ~ tw 1Me1P~ "M'1 ~~°~wm~w an~uou f~r ~+bieb ai~ iawnwr~ drll ddi be ..rine~ ud it ~11 be iwe~nbent tLe 1t~etppr t~ riwiu ~~dditiwl iarv~stt N ew~ be nt~~ar~ te ineet ~nd ~ow~p ly fall~ ni~h dl eriowrooe te~~ireRewu eMqi~ ~ Nlitia~ u/Ue ewd t6~t tLe ~sia 7~I~R1p~sK i~ er-inWUOr thrr~undrr. ee lwsan~ee ~Ylt be ~rritw b~ • eoa~pa~l ~r e~a~iM .r aais..~e~ br ~re M.n~.~ee ¦~d .Il lieie~ ~wJ renerr~b the?eot ~all be rela tLe M~etp~ee. All deuiW iaip~ti~ d~e M~~tppr wlucr ~re ~eeep ed br dK ~etp~ee ud d! ~~~ucsu betw~ew M~rtP~sr ri Y~e1p~e rd~N~s ~ 1w~ee. esipin` K I~ereJter ~de. i~U `e in ..ri~iaR ~sd rsll be ~ p~N of thi~ w~rt • ~ td1~ r ttiw~L ~et I~et1~ rer~iw 6a~eiw rsJ ~11 p~a~w bet6 p~rties h~ref~ ~nd tbei~ aeeawn and asipw. N~ 1~ ~~~~dN lia~ ~f iawrwce K ti/M a7 e? returw premiwe ~rbieh ~w.~ be p~~~bk M tLe eaacel4~ion tenaiw~ti~w tbere~f. r6d1 be pres t~ ~t~ tbr tw M~etp~ee. ~eept b~_ Prper cndene~m di,ced t~ web Polie~ swd ~~o~rd b~ Martp~st. F.~er Mlie~ ~f iewn~ce ~11 6~e aise~ t6era~ ~~aadud 1Vr.. York MKtp ~ l:t~aw witlw~ Co~eribwi~s, m~kinR dl Iw K l~a ~rei M1ic7M 7tbk t~ t`e Y~etp/» r iM i~te~eM mq ~/pc~r. Iw the e.en~ ~ny w~u or ~w ~nower bKOm~ W~~Ne t?ereondtr t4 M~r[pwee ~11 Mve t~e ~/tiw t~ reeei~e ~wd y tbe s~n~ ~w ~eown s( tbe indebtedweM htreb~ ~~ered. Ne K 1~ plfOl~t lbt M~ftp~K l~ f!tl~~t ~ W! nr K M1 M~~ tl~eeeb~ r+~i~iwR K iiop~iriwR ~q eaeil~. liru+ er riRbt ~nder na b7 ~ittre ~f t~i~ ~tp11~. i~ evewt ~1 1~ ~L7~ird duua~oe ~o ~he .~.rtp~ed PrMr.Mr tlK M.nRa~o~ ~hdl ~v~ iw.~..- di~te w~tke tiMre~ b~ Mil t~ tLe M~rtp~ee ~wd tre M~etp~pe wq wuke preo( ~t Iw i~ tiw wwe i~ .a m.dr pnia~lr b~ ~be . ~ BooK 164 1886 ~ ~ _ ~ - - ~ ~ '<p,: