HomeMy WebLinkAbout1911 . ~ . . f
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PItOVIDED. AL~PAYS, th~t i[ the Mortaaaor shaU pay u~to the MortRa~ee the iadehtedncMe ~videa~ed br a
cettaia promiMOr~ aate ot whicl~ the followin6 ia wards and figura u a true copy tawit:
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I /~0?~~ ~0~ • ~
~ s 3 t 00~~ 00 Miami. FJorida ~~i?1"! ~ '
lg
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FOR VALUE RECEIVED I P~~~o~y ,
~o che order o ;
f che printipal sum oL i" 11 D~O D~LLA~LS c~~h~ .,rith interat ~ ~
~ chereon from date at che rate of ten pcrctint.pct annum until maturity. both principal and interest beingpayable in
( lawful money of the Uniced Staca at 203 Raper Builciin& Miami. Florida, or at such othtr place as the holders hereof may
~ designace in wricing. PriACipal and interat piyable ia it~stallmeau u follows:
~
j Fitt~ts~.00~ ~ollars per a~oa~h, !er tL~~,jr-,ala~ CyQ} oon~tiv~ ~
i ~wa~ , oa th~ l~ta oi aaolt aad r~r~s~? a~nbh b~ ao ~c?~
? 15th da~r ot nar+ph~ 1~ a~qrd Oo~t~i~Mips tultil 1~ ot
tobr~a~s~?, 19~Z a~ xbio~? eia~ t~1~ tial~a~ ~sll bweoa~ AS~ ~Q.
pa~abl~. .
This note may be prepaid in ~vhote or in part after one year [rom che date hereof upon paymcnt of a penaltp
eqnivalent to two percent of the principal sum prtpaid
I Each installment payment ihall be credited fint on the interat due, and the remainder on principal; and i~terat
shall thereupon ceau upon the prindpal so uedited.
The maken and endorur~ oE thL note furthersgc~ to ~raive demand. notia of non•payment and protat, and
in ehe event ~uit shall be braught for the collection hereoT, or the wne 6at to be collected upon demand of an actorney.
~ co pay reasonable accorney's fea Eor making wch rollatioa.
i Deferred paymeata htreunder shall bear iaterat at the nte of ten pacen~ per annum from macuricy uncil paid.
This note is aecured by ~ mong~ge of tven date hennrith and u to be oonswed and enforced according co che laws
of che Stace of Florida; upon defaulc in ~he payment of principal and/~ intrrest when due. the whole sum of prindpal
and incerest remaining unpaid shall. at the option of the holders, beoo~aimiaediately duc and payable. .
H. C.Houston ~5~,~
(S~)
and ahall pedorm, comply with and abide by eac6 and every tbe ~tipnlatio~ aRreemcnts. conditions and covenanb of ~
said promiaaory note and of this deed, then this deed and the atate thereby crnat.d ~6a11 ceaae and be nnll and void.
1. The Moriga6or Lereby covenant~ and a6rees:
t~) To p~~ all ~nd sinsular tbe pri~eip~l md imerdt ~ed N1wr ~ona ~t m~ne7 p~)able bf airtue o( Mid promi~wry n~~e aoJ t6i~ ~
dced, or either. promp~[~ oa tbe d~r respeeti~d~ t6t ~e ~ererall~ bee~~ua due.
Ib) To permiy cymmit or wdu no w~aste asd !o mainuiw ~Le improvemeol~ N a11 timea ia • s~~te ~o~d rep~ir ui e~nditi~s; and •
to do o~ permit to be dooe to yid premiKS aethin6 tb~t ~rill altet ehu~e t6e Me asd ~lur~eter ot vid
imp~ir or weakm tbe ~ee~rit~ ~f t6is awrt~~e: And ie cue of tie re! ~7 ~r in ~a~ ~+~y
~aid ro rt . tbe Mort °~6~ K ia~bilit~ ~f 1be M~rl~~r t~ te~ir and nwiMair
P P~ 7 p~ aa7. ~t 6u ~ption. aake ~reL rep~i» ~r nwe tLe wn¢ t~ `e sude~ a~d ~eance s~ne~s is t6~t belnlf.
(c) To p~y ~ll and ~insalar t6c tua, a~ewmeab, le~ier, liabilitia, aad ~bliptiow ei eveq suore N tai~ ~neribea Pr~pcKy eaeb
aaJ e.~rr M6en due aad w~able a«srdin~ a la~~ bet~re ~becea~e deliwque~t. ~sd ts ~del~rsr t~ tbe Mortpsee ~a ~r befere Msrcb
lStb of ach ~ear t~s receipt~ evideoeiaR tbe p~yweat d all ~dl~ iops~ea ~ates for tbe ~o~ ulead~r year; te iodemoi~r tbe
MonR.Ree upon hi. dem~nd for sll u:ea, wermenta md eJrr~s t6~t ouy be ts~a.•ed npow tLi~ ~~etRapp M t1k udebt~dnew ~cund
herebr. tad p~id br tbe mortp~tce. wri~hoet rc~a?d to u~~ la~r beeet~(~e eoaeted er_ bereaiter te be en~ctrd i~p~sisR p~rqeo~ o~ the
~rhole or aq~ p~rt thereol upon 111e M~rtp~aee.
(d) To pq dl wd siaRular t6e ee~u, c6~rsp wd rspea~s~, i~dudiaa ts~r~ps• ~ta ~ed aMtnet cwu rewaabl~ iaco~red srp~ id ~t
an~ time b~ the ~[ortaaRee bec~ux of the t~;lure on tbe yrrt ~f tbe M~rtp~~r u pedorm~ ee~pl~ wi~L ~ed abide b~ each u~d every
e
t6e stipnlatiooa, ~~rreccmeatt, eonditioes and cevewsb et wid ~n~i~wq a~te and thia deed, er eit6er. ~na e~eq we6 p~p~otM ~6~11
be~r interat h~m d~te ~t the nte of [en per eeotwn per a~suw.
(e) It is farther co~uunted aod apeed br a~id p~rtiea t6u L tbe eveat ~t • soit 6eisR ie~titWed t~ ~~retlNe tbi~ mortp~ tbe ai~rt-
paee abdl be eotided to ~ppl~ at as~ ti~we pesd~~~ s~e6 f~ed~ee wit t~ d~e e~vt lwvi~~ jori~dietiM e6ereo~ (or t6e app~ioleest
~f • reeeiver of d! aod siaRut~~ tbe mortp~td P~~~fs K~. ~+6N. L~Ya awd +eva~nts tbet+e~f. froee ~L~we~tr
~ource derivcd; and tbereupon it i• hcrcbr e:p.~aal~ e..e...~ed .ed •peea ~~Le G.~ .Wi t.nL~?;~I, .pp.;,~
tbe ~ual po~+en aed dntia nf re.~.iven ia like ea~e~: ~ N!a ~Nw1Ol~1 ~II mN~! I17 tbt t~Yf[ M~ OI~KK OF ~ff~d rj~ ~O
cbe Mortaasee. and ~ri~bout rcfercnrc to the ~deqwc~ ~r in~deywe~ ~f tbe vdne o~ ~Lc Pro~mr ~y wonR.Red, o. a ~be .o~veecy
or iewlreacr of tl~e MnttRaRon~ or an~ olber p~rt~ ae(ead~et !o ~re6 sui~ 'ILe M~rtRaRo~ bereb~ ~peeifially w~i~e~ t6e riRl?t t~
•b)M [O fllt a~01AhOt1l~ Or • tttl~aYf Y i~OttY1d aila LEflL~ Q~r lYi1~Mb t~f ~~pp~intment ~all be mrde ~s an ~d~aitted
~4a~7 ~ad y• wtte? of abwlute riRht t~e M~rtp~ee wd tL~t tbe sw~e nu~ be dooe witbeut sotire t~ tfw M~r1~Ror.
(f 1 U(ereelosnre preecedinss s6ould be in~tituted a~irt tre~r~pc nr eevered b~ ttii~ m~et~~oe yww ~ap other liea or el~ia wbetber
dlesed to be superier or jnn~or to tLe liee of tbis mortp/q tbe Msrtpsee mar ~1 hu eptioe imnsediNely npon ina~i~utien ~t wed
wit •r durins the pendeaer ~hereof declare dw w~Ktp~s ..d ~ir indeb~edsess .ec.red berebr dne .nd w~.bk t.nh.+i~b s~d ~wr n
it~ optios prxetd te toredwe t6u meripRe.
Tb~t ~be 11(ortl~spr wriii keep dt rul aea penwl pr~pett~ oar ~r hereJter eseumbrred by ttK licn ot this m~rtpRe inwred
as uu~ be reQuired (rom timc to tiu~e by tbe M~etp~ee W,airt b~ ite. aindstorm and otlKr huar.ls, ~a~ualtie~ and cwuinRescia
for sueh periab aed (or aot le~s th~w ~ac6 amowu a~ w~ ~e eqtiired6~ t~be MoRVIGee u~d to W7 P~~•mpdr wben dre dl pnmimn~
for ~neh iuwrasca The amounts ot inwraace raq~irei b~ t`e 11Kip,ee ~11 be the minim~ m~aum• ter r?hieh wid inwnnr~ ahdl
be Mnttea aad it ~Lall be intambent aps~ tie 11~etppr t~ riWis s~t1~ ~dditi~l ia~rnnee a msr br necewa~ te rne~t ~nd coe~pIy
fu11r rvilh dl e~iASanaee reqrirc~oenu eowi~ed ia Nid Mliefar b tbe eed tlut tbe qid AlortpRor i~ not ~ e~oinw~or tlK~~under.
Inuranee ~It be Mrriteca b~ • eompany ~r e~ia~ ~ei w deripwted bY t6e MenRaµY and aD poli~ia aod renew~4 tl~erco(
~bdl be Wd b~ the Mortp~ee. All deuiled daip~ti~~j tbe M~nppr wriueb ~re ~cee~ ed b~ tiM Mert~taRee ~sd a!! aperlueob ;
betweea l[~rt~or a~d M~rtp~ee rd~ti~` t~ iiwe~ee. Nw e~itias or l~e~(te? s~dc. ~11 be in •+n~i~ aed ~6s11 be • p~n of ~hi~ i
mort~a~e ~Reaqeat a(dl~ ~ tLou~h ~et f~nh .erb~ti~ 6ereiw ~sa ~11 p.es~ bet6 parties berM~ ~nd t6eir nceerwn aad a~sipr.
N~ lite ~po~ an ~I ~aidp~ licier iieairaoee K~~a a~~ rdusd or «tors preu~iws ~rbieh mar be v~.ble N t`e aurella~ion ~r - i
terrwiwtiow tbere~f. ~ll be pren te ettier t6r tie Meetp~ee.~~b~_p?~per endenement a~ed tn wc~ Polie~ ~sd ~oprs~ed b~ .
al! ~
a lw~a ~.~derr.u~~~~ ~k a tbe
Y~ ~ rr~« York M~rt6a~ Clawr wilham Costribotie., makie~
'e~p~ .esp~ee « ia iase.eK m.r •ppeu. Ia t6r errrN ~n~ wm or ~oru~ o( ~eoney bre~om~
paribk tbereuw~ t6e Mert~Ree dall 6~ve t6e ptiw t~ rrxeire u~ ~ Ibe ~ame ~n ~~~aunt ef th. inde6le~wq~i~cg~ ~ccnred~
or t~ permit t4e M~rtpp~ t~ reai~e ~sd we it. ~r ~qr p~rt ~er~e~t. ~rt tberob~ w~iviaR ~r imp~irinR ~~7 equiqr, liee~ ~r ri~~ -
under md b~ ~rirt~e ~f tLis ~sortpwe. I~ evest ~t lw ~r ~~~1 d~wae ~e 1he m~rtp~ed pr~l~ {be ~1enpRor dyll ~ve imnK.
diate n~tka t~ars~f 6~ a~il t~ tbe M~rtpsee ~ad d~e lbrti~lor+ ~ar m~ke proef ef INS it ~IK wwnee i. a,ade Pr«nqlr br ~be
• ~ BOOK1~4 PACE1~09 , . ~
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