HomeMy WebLinkAbout2267 PROVIUEt~, AL~VAYS~ t6at ~f tbe Mo~tpaoe ~h~ll pay u~to the MortRa6ee the iadebted~eM evideaoed by a
eset~ praaiMOC~ aots o~ ~r6icl~ ths tollawio~ i~ ~rard~ and fi6ura i~ ~ t~ue copy tawit:
~ /I'IAN~~ ~0~
~ ~ f~~~~ Miami. Florida ~ ~9 ~
• FOR V4LUE RECEIVED M~~ .~O~IIZ'.~ ~d NhHl~ ~~romisetopay
I i~~ thc ordcr o[ ' ~ M • p~ ~noo ~
; ilic principal sum oE T~Oy ~~~DnI.I.ARS. togct~cr with interesc
; ~herrnn fmm ~I~te at the rate of ten }xrcent. ~er annum until maturity. both principal and interest being payahle in
lawful money ot clu Uniteci Stata at '~11~ Roper Building. Miami. Florida. or at such other place as the hulderti herco[ may
designate in writing. Principal and interat payable in insullments as follows:
I ~ort -'i~~ (i45.00) Dollars per son~h b~siaaiod on ths 15~b ~a~ ot .
' oo~o~~r. 1967, eaR1 ooa~inuing oa !1~ ~5tb d~y or •~oh en~ ~v+s~r .
~ aoath th~rsatt~sr until D~id in tull..
i .
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"l~hic note ~n:ry I~e pre~?aid in ~vhule ur in ~~:~r~ after ~~ne ycar Ir.~oi tl~c ~latc her~y,l u~~~n ~,:~yment ut a ~,enalty
eyuivalent to two ~~erc-ri~t ul the priiici~l sutn prepaid.
~ach instaltment payment shall be credited [int on the intereat due. and the remainder on ~~rincipal; and interest
shall thereupon cease ~pon the prindpal so crediced.
The makers and endoraera of this note furtha agrte to waive demand. noticc oE non-paymenc and protest, and
in the event cuit shall be brought for the collettion hereof. or the same hu to be collccted upon demand o[ an attorney.
to pay nasonable attorney's fea for making such collation. ,,1'
Deferred payments harunder shall beu intttat at the nte of ten percenc. per annum [rom macuricy until paid.
This note is secured by a mottgage oE even date herewith and is to be oonstrued and!enforced according co the laws
oE ehe Stace of Florida; upon default in the payment of prindpal and/or intemt when d~te. the whole sum of principal
and incerest remaining unpaid shall. at the option of the holden, baome immediately dGe and payable.
Bill Geor~e Lancaster ~sEn~,~
Erma Jean I,ancaster ~5~~
` aad ~hall pedorm, eomplr with and abide by eae6 aad ev~ry the stipulatioo~, aEreement~, condition~ aad coveaanl~ o! ~
~ said promi~sory aote snd of thi~ deed, then this deed aad the atate thereby ereat.d ~hall cea~e aad be nnll and void. ;
l. T6e Mort6a6ot 6ereby covenaaL and ~6rees:
l~) T~ p~~ dl awd ~iu~du tLe pri~eiMl ~nd i~terat aed M1~ srw wwe7 P~7~ 67 ~i~tue ~1 ~aid pr~miwr7 onte ~a.l t6iu
aeed, .r ei~er. ~?.~.pl~ .a ~be. d.~. ray«~i•dr ~6e wwe .e+wll~ bec.a~es ~e.
(b) To pe~siy e~msit ~r adu n~ wru~e ud u auiatsu tie i~~Yemew ~t i11 tima ia • uue ~o~d rep~ir wi e~nditi~s: ~ed .
te de ot pennit t~ be doae t~ ~id premi~a eothis tl~at ~rill dter ~r t6~w~e t6e we ~wd e~anctcr ot aia Pn/eet7 K iw aey ...r
imp~ir or wreakea tbe ~ectrit~ ~t tLis m~rtp~e. A~ u t.re Ibe re(~w1. ~ellet~ ~r ia~bilit~ d tbt M~ttppr t~ ~s/nr ~sd awiMai~
wid'ropert~. t6e M«rep~ee iwY. st W~ eptia~. ake qe~ ?eain K nwe tLe wse t~ ~e w~e. a~d ~nwce Mae7~ is tVt beWl(.
Ie) p~r ~11 a~d ~~e tu~ea. a~eau. ~erie~. liasilitie~. u~' ~bliptiw ~(eve~ rtve M Mia ~erireJ y at6
u~d evsqr a6w drs • p~7able ~ee~rdia4 t~ l~~r. be~~re ~~o~e dld'e ~ te ~deliwr t~ tM Y~r~pMs w K ~re !l~~eb
1St6 of e~eh ~ar tu reeei eridet~eia~ the p+7~~ ~1 dl ~II~ io uus ~ee tbe ~~t ak~r 7w: u iade~awify t6e
MNt~~!! YpM ~~K !~I UsN. YKM1DlOb Yf~ tVf/r t~ b! aMlNld YDM 1~ Nfl~~ M t~f ~~lt11tld
~ u~
6erebr. ~ad p~id tLe m~rtp~se.~rithoot «prd u~a~ 1nr ~et~fKe 4u~ne~ or bere~(ter t~ be e~eted i~p~si~ Ml~~
Mhole ~r wr p~rt ti~ere~f ~Ns the M~rtp~ee. ~
(d) T. a~ dl ~~~o4r tw e eL~r .od ~s~aw. Ld~~ 1aN~n' ta~ n~ ~l~enet e~w eew~w~blr iweorni Kr id M ;
eL rp~
u~ tiw~ b~ tM I[~rtp~ee beea~ue~ tbe t~ilnre N t~ put ~t tbe ~[~etppr t~ peelons. c~lf ~rit~ ~ a41~e b7 rd~ ~wd io_sry ~
tbe ~tipuletioe~. a~es, eonditiom and e~vesuw e~ wid ~rf ~!e u~ tbis ~sed. ~r eitier. u~ erer7' ~ M7~M ~11 ~
bwr iwts~wt ~ns~d~ts at tLe nte ~f tce per eewtmn per wue. ;
lel It i~ fortber eweaaetea s~d ~pecd b~ ~udp~ nta eh~t i~ tM eve~t d a~oit bciw~ irtitwea t~reelMe t6i~ dortp~e. t~e llKt-
PM~ ~11 be eetid~d u qpl~ ~t u~ tise pa~dii~ ~ f~el~s wit a tie e~et Lr~ri~ jari~ietiN e~erM( f~r tie ~~iM~e~t
d..e~.:.ec ot .u asa ris~.t.. tLe m.rtai~ v~~r. •oa .t .u r.at.. i.o..... rnin. L.w. .wa re.rw.w ~en.l. r~. ..~.ws.er
aurea deri.red: ~wd tbereupon it i~ hereb7 ~;P~b Nrewtei awd speei tVt tM ~:wrt ~l! t~ttb~+itb ~~i~t ~ e~eeeirer .ith
tw wd po~?cn ~ dotia et receiven iw like wa: rN ~i~nwew~ ~Ltlt M.y~e b~ e6e e«ut N~~ner ~aie~ ri~ u
ths M~rtp~ ~nd ~ritb~~t refercace u the ~deqwer ~r iaaaq~ef ~f l6e vdue ~f tbe pr~pertp l~eby mwtp{ed. K u Ibe Nlvewey
~r iaNlvewer ~t tbe M~etp~ors o~ ~nr ~tbe~ p~rtr aeteedMt M~oe6 sai4 lbe M~rtp~ ~aeb7 Weei~iallr w~i~a tre ri~bt u ~
~jKt q trc ip~iwtme~t ~f ~ reeeiver a afore~aid wi.?ereb7 eP~~7 ~~t ~ M~~~~~ ~II II! flYdC Y Y~d111ined f
sAih? ~ Mtte? abwlwe ri~t ts ttie M~ttpre a~ tbt the ~ane a~ be dene ~ritLwt Ntiee t~ tbe Y~etppr.
(f 1 U t~redwure pr~eeediwp ~~ald be inaitutea ~pirt tie /ts~ertf eeversd M tli~ m~rtp~e rN~ ap ~t4r lie~ ~r el~iw~ aretrer
~lk~ed te be superi~r or jrsior to tbe liea o/ tluw ~wetp~c. t~e H~etp~ee Rur st ha ~Ption ieiaedi~tel~ rM~ iaNitwi~w web
wit ~r dnria~ the pendewcr ~bereof aeclsn tria ~~etp~e ai t`e indeMe~wer ~eeved reer6~ dne ~wd ~a?k ~~etl~vi~b ~wd w~~ ~t
iu ~tiN pr~cetd N t~redwe Ibis mertp/e.
Th~t t~e ~Iatppr «rill keep ol real ad oe+r~l ~~arq ww ~r I~e~fu? e~c~s~red br tAe liew of tbi~ m~rtp~e iwwrcd
as ayr bt nqui~ed fras tiw~e t~ tiu~e b~ 1be M~etp~ee ~piwN Iw b7 he~ M~pdN~~ aY~ 01I1lf hawrds. tssualtip ~ed ewnt~e~pe~cin
(~r ~rd~ periei~ u~ f~r wN Iw tlan s~cb am~uw a~ w~r `t ~'N~ina `~r~b~e M«y.~ee .nd w~ Prw~dr Mbea d.e •11 Prrmiunn
/~r ~Yeh iownwce. 11e w~awt~ ~f iawnwee se~it+~ ~f 1M 1M+~P~ee ~Mll be tbe miaimr awwaa fK wbich Mia imunwr~ dwl)
be rrittew Nd it ~11 be iwem+6aM ~MA d~e 11~rtPpr 1~ Miwi~ wel~ ~itiwl iurvu~ce M a~ be we~~ah t~ wutl ~nd ~ow~plr
ldl~ ~+ith a11 csiwra~ee ~ireaeau cewiwed is ~~iiiei~r t~ the esa ~6~t tbe wia M•hR.pr ia nM • eoiaw~or tAsr~undet
l~or~wee ~lt bs ~rriuew b~ • c~w~ ~r e~s~iM ~/'nwi K daiPwe~ b~ ttie M~rtp~ee ~nd all~p~li~ie~ wi ra~e~n4 there~l ,
~11 be lela b~ tM M.et~.~ee. All deuild ae~i~..~~... r, ~ie M~rtppr «rlucb ~reaeeepted b~ ~he M~rtp~~ee ~wd dl ~Rre~ru~w_ ~
Y~P~ ~ Y~p~ee ~~y0f~ NM l~ltbt K~!fl~ttf MAt. ~11 be ia .+ritiw~t ~wd ~ll ~e ~ Met of tbi~ ~
w~et • M(~ ~r trw~b ~et f~ ~re~Mtiw ~etei~ ~~Il prerw Mt` ~rties hen~~ ~nd treir a~cearors u~d asiRw~. `s
N~ 1'~
yM~~i/ wdN
lieiw ~I iawnKe K y~~ re(~ K retws premiuw~ ~+hi~h ~wa~ be a~.bk ~ tre ~aneell~~ioa ~r
tu+wirwi~w l~ere~l. ~11 be tp~es t~ «?e~ ~w ~ M~etp~w K b~~p?per ~nd~nenwwt s16ud t~ wer ~lit~ ~wd ~~sred b~ ~
~w
p ~
M~rtp~ee. F.~e? NIie7 ~f iww~wee ~!1 6~ce ~s~ ~i~erst~ d 1V~w Yoh M~rt ~(:I~wr ~ri~l~~ CoNnbwi~w, m~ItieR
dl 1~ ~r I~a ~i~r MIic1 ~.bk i• ~be M~p~e..~ ia iwu.ai w+.r .pear. iw ~M e.m~ ~n wm an~w d~nawer b~~on+r
N1~k ~~~w~r tbe M~etpll~ ~l V~e 16e ~tiM t~ reeehe u~.~1 r ~I~e wn~e M~f~OYM ef t~ indertei~ew ber~by Kenerd.
.r ~K d~e M..1~.... a reea.e ..d ¦.e u. .r .w~ ~.e~ ~.r~c.1. .+iii.w ~herebr M•~.inR .r iAo.~.i¦~ eo.i~r. li~g .i~~
~wder a~ ~r ~irt~t ~t dw ~e~p~e. Iw e~ewt d Iw N~T~ir~l d~auRt ~w the w~wtlnllea pMe~t~ the M~rtRa~or ~11 ~nv~ iw~~-
d~Ne ~tits tiwr+a+/ b~ ~il t~ ~I~e M~p~ee ~ad ti~e Y~npRre ~n~r m~ke pro~f ~f Iw it dK wwe i~ ~ iwadr ~~mptt~ b~ ~k
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~ ~ BaOK 16 ( ~A~k 226~
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