HomeMy WebLinkAbout2346 PROVIDED, AI.NAYS, tbat it tbe Mott6a~oe ~hall pay unto the MortRasee the indebtedncee cvideaeed by a
eeetaio pradi~wr~ pote . o[ ~?hich the Iollowin~ is ~rard~ and 6gura i~ a true copy tawit: }
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Ma~tyo9s /Vot.
Miami. Florida A11BpM 1~ 19 ~
s _ _''o?~
FnR ~41.UE RECEIVED I'romisetopay
i~~ ~hc ordcr ol M ~ T ~
~hr principal sum o[ O i~ ~h3 ~'~~~;~~"'~OLI.ARS. togcthcr with interest 4
~ licrc~~i~ from ~I~te at the rate of tcn ~xrc~nt. ~er annum until maturity. both principal a~d interest F,cinq payable in ~
i.~~•ful mo~uy ot clu Uniteci Stata at '~1~'t Roper Building. Miami. Florida. or at such other place as the huldcr~ hereot may
~iesignace in writi~g. Principal and intemt payable in installments as follows:
i
~os?t~ ( 840.00) ~oll~rs per sonth. b~gi~auing oa th~ 15tih d~r ot
Octub~r. 196~. and ooo~inu~'ag on ttis 15tch d~? of e~rah and s~es7
aunth th~r~altss until p~id la l1a11.
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~ ~'his nute m:ry Im pre~,aid in ~vhole ~~r in part a(ter ~mr year Iruin the datc herc~,l u~H~n ~~:~ymem ~,I ~~enatty
i ryuivalent to twu ~,erceut ol tht pri~~cipal sum prepaid. ~
' Each installment payment shall be credittd first on the interest due. and the remainder on ~~rincipal; and interest ~
j shall chereupon cease upon the prinapal so creditcd. .
; The maken and endorsers of this note further agree to waive demand, notice of non-payment and protat. and i
~ ~n ehe event cuit shall be bronght for the collation hercof. or the aame hu to be collected upon demand of an attorney. ~
co pay reasonable actorney's fca Eor making sush collection. ~
~ Deferred paymenu hereunder shall bear interat at the nte oE ten percent. per annum [rom maturity unti! paid.
This note is secured by a mortgage oE even date herewith and is to be rnnstrucd and entorced according to the laws
oE che Sca[e of Florida; upon default in the payment of principal and/or intemt when due, the whole sum oE principal
ancl interat remaining unpaid shall, at the opuon oE the holdeis, become immediately due and payable.
~ K.nowles (SEAi.)
Beulah F. Bnowles ~s~~
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and s6a11 per(orm, comply with and abide by each and every the ~tipulatiow. a~reeinents, conditiow aad covmant~ of
eaiJ promissory aote and o[ t}us deed, then this deed aad the estate thereby creat._d ~6a11 eeue and be nnll and void.
I. The Mort~a6or hereby coveaaat~ and ag~rees: `
i
/a ) To p~~ dl awd siaplu tbe pri~eipd ~sd istereq awd ~tA~r som~ ~f m~ec! NT~ b7 ~ irtne ot aid prNniwry wte ~aJ tbu
~w~~ ~be a.~. .~~.~r ~ ,~.«.~~r ~e«~. s
Ib) T~ peesiy c~miait K wQer n~ ~rute ~sd t~ m~intais tbe impnvemew ~t d! tima iu •~tale ~f ~o~d rep~ir ~ e~nditi~o: ~ed i
~ to do or pennit te be dMe t~ wid premi~a eetris t!W ~+ill alter cbu~e 1~e Me ~wd ~raete~ ot wia pn/eet7 ~r in ~s~ .ra7 i
imp~ir or weakes tbe ~tearit~ t6w aort~t~e. ~ i~ ewe ef 16e refwl. ~e~bet ~r is~bilit~ ~f tbe M~~ u~~r ana uiai~t~i~ ;
wid ProPert7. tbe M~~tp~ee ~7. ~ei repin er awe tie woe u be wae. a~ ~r~~ce aner ~A tLat beVli. ;
lc) To p~r dl aad ~in~n4r t4e t~a. aMCSweota, levip. 1i~1?ilitia. aad ~bli~ioar ~f~er~ ~st~ee M wa ~e~eribe~ Pr r neh ;
n ~
~sd e~ery ~r6ew dre ~ed pq~ble aeeKdin~ t~ l~a~ bd~re ~ba+me del~poc~t. aed t~ ~ielirer u t6e N~~es w K ~re M~rc6 ?
1Stb of e~eh ~at us reeeipt~ evideoeia~ tbt p~neeat ~f dl ~rfuU~ i~e~ed tua (or t6e preoeaias takwd~r ~ar: t~ indemaitr tl~e
Mortpsee op~n his_ dem~ad for dl tuu. arermenu awd ~ar~s tb~t owr be a~asd op~s t6i~ ~Ap~e ~w t~ e i a d c b ~
e
d~ e
M ~ecu r
e d
6ereb~, aod p.id by d,e ~uor~~aRce, ri~hoat reprd te ao~ ?~w Leret~(Ke enaeted ~r 6ere~iter t~ ~e ereted ispMiw~ M~oen o~ tbe
whele sr asr p~rt 16erat upon thc Mortp~te.
ld) Te pq dt wd w~n4r tbe eNU. e.bu wd e:peire~. Ldudis~ I~~r~en' (ea u~ ~brtr~ct eow reMwblr iwc~rr~ K ia ~t ;
~n +
u~ ti~e b~ t6e 1[atp~ee beeawe of tbe ~ilnre oe tbe paet ~f ~he 11iHtppr u peetoro. e~nPlr ~ri~ ua ~biae b~ aeb tre?y
t6e ~tipnl~tieo~. ~~roeaieat~. eonditions and eevcs~su e~ wid ~nsi~wrf o~te ~ t6ia aeed. ~r eitber, awa evM? wci M7re~t ~6d1
bar i~ten~t tn~a due it tbe nte ~t teo per eeetnm per sw~am. - i
le) It u(ortLer c~•ee~ated aed ~Resd b~ wid t6~t i~ tbe eveat ef • suit beis6 iMitntea /~eeelNe dw a~~rtp~e, ttie li~t-
P~Et ~II L! qt~tltd t0 ~1 ~t M~ t~rE - ~o~ ~ f~~KIMr[t Mt! t~ f~C !M!1 til~S jrff~ltlN tltf'M< <K t`! ~~~lwl
~t ~ re~eive~ of dl aad w~alar ~6e m~rtP~ P~+Y~7. wi ~E all rewu. i~e~. M+6b+ i~w ~ re~esra tbere~f. fc~w rrWws~er
wnrce deri~ed; ~ad t6ueupon- it i~ 6ereb~ expraslr e..ea.~d .wd ~peed tVt .tbe Cwrt ~Wl ~~tM+itr ~ppi~t ~ reuiver aith
tbe rwl pe~ren ud dotia ef reeeiven ia like ere~; Ma NY ~~II a,! b~ lII~ t~Oft M~ MttK ~ Mfttt t~~t to
t6e MertpKe. wd rit6oot refercace to tl~e ~deqwer .r ie.deqo.er o~ ~e ~dne .t ~6e ~.pee~ be~eby n~on~.ied..r ~o ~e wl.aKy
K iwl.eoc~ ~f tbe Msrtp~on K~n~ ~tbe? p~rt~ ~deedat N soe6 suiG ?he N~rtp~tor beceb7 ~peei&all~ v~i~a tLe ri~ht t~
~Ljeet t~ t~e ~sietse~t ~f • reeeiver a~ atKwid ~ tiereb7 acp~wlr ewreats dwt web ~/~iatoewt ~4d1 be ayde a~ aw ~dmined
M~b ~ a~tter o~ ~late ri~6t a tre M~rtp~ee rd ~t tl~e wne my be dene wri~6w~ ~i~e t~ the M~rtp~.
(/1 U(~recle~nre pr~cudinp ~6~Wd bt iMtituted ~pi~t trspr~peKr e.ver~d b~ ~ii. s.na~e .p.w Nn liea .r eW. MLeiLe~
c«
alle~ed te be saperi~r er jsai~r to t6e liea ef tl~i~ eNetpie. d~e ~'1~etP~ee m~7 ~t ha ~Pti°n iiamedi~telr ~qoa iaNitwi~w ~ weh
a wit ~r dari~~ t4e pswdeaeY ~bereef aee4ro tiis ~~etp~s a~ t1e indeMtd~ets ~red ~erebr dne ~ad p~~k (~rtMritb ud wwr ~t
~ ib ~ptiN Pnceed t~ f~reclMe t!?iw w~rtp~e. ~
~ 17rt tie N~rtppr ~+ill keep all ral a~ ~ad Pr~ee4 nw ~r beredltr eseumbtred b~ tht lirs ot thi~ n~~n~~e iw~rcd
~s ow~ be reqwred lnio time t~ tuwe bp tbt YKtp~ee ~aiwN 1w b~ ire. ~riedn~ asd e~ber h~sarda~ ~~w~ltia aad c~atinRe~eie~
(~r ~~eh perio~ .ea t.r ea k.. d.. s.e6 awwwa n..~ ~e rprired br ~bc M.rs~.iee .ed a o.r Proa~lr v?he~ dre dl prrmium~
f~r ~neh iaWn~ea 1be rwowts ~f iaa~n~es req~ini b7 tie 14~tp~ee ~A~ll be tbe mi~ia~rw as~ouna tk ~rhieh wid iwsunnre shdl
be «rrinca ua it ~MII `e i~ean~beet ttie M~tppr t~ Mi~uie s~ ~itioM! iw~csoee r ~u~ be nceewar7 to w~er~ •nd eoeql
fdl~ rilh•aU c~i~ruoe ~~re~e~b c~i~d iw wd'NKd~r t~ tAe eiwd Il~t tbe ~sid 1Mertp~~r i~ aN ~ eaiaw~o~ thn~under
p~ •O
Iwwra~oe ~6df M~rritta b~ • c~opaeY ~r e~w~wi« .w•~•~•~ K~wka br ~ M.~p~ee .nd a11 lieia aa~ raie~r~b tl~erco(
.1~11 be tiela b~ dw M~rtp~ee. ~u a~wwa a~pafw b~ t~e M•npa.r whieb ~te~~ ed b~ tht M~p~et ud d! •penucsu
MMppr ~ ~e re~~ b iw~e~ Nrr e~tin~ K heee~fler owde. ~bNl be in Mf1110~ ~ iall be of tiw
n~
m~etp~e a~e~t r f~~t~/h ~et t~th ~erMti~ berei~ ~~11 ~erw Nt6 oarties he?et~ ~nd tbeir n~eeMOn ~ad anipw.
N~ lies y~a arf ~ wiaM
liaM ~ inw~e K M~~ M1 K ~eturo prtmiom ~+birh ~w.y be p.~•blc e~ t~e annlla~ioa ~r
teesiw~tie~ tbere~l. ~p be p~a u~Ler tbM 1i~ YKtp~ e=c~pt br~ p~per endenenMn~ vised t~ wer rlie~ u~ ~~o~ed b~
Mortp~ee. Fic? M~ief ~f iawn~ee ~MII 6ue ~ise~ tbcre~~ • St~s~rd Tl~rr York M~rtp~ l:lauK wi1bNN C~ibrti~~. m~kiaR
sll 1~ ~r t~ae~ ~3er t~ei~ Mlief 7~ble a~6e M~tpp ~ ir inerat our ~~pn~. iw Ibr e~tM ~n~wm ~r wn~ d ~uewer br~omr
Wf~?b tt~ert~w~er tl~e M~rtpI1K ~I V~e tre ~OtiM t~ raei«e ~ad r tbe wme M~M~11t11 d t indeMed~ew hc~eby ~eeand,
K pKa~it 11ie Y~rtppr b reeeiMt Ma ~ K Mt thercb~ M~~rIAs ~r iwp~iriw~t ~N~ eauity. lie~ er riRi?1
a~
nndet ~ad b~ nirt~e d 11~ ~~rtplla t~ ere~t ~f I~w ~r prriral d~~u~~te the w~~etlt~IKd Pnl~~7 ~~MortpRor ~hall v~ ieu~~-
di~te wMiea dwrN1 b Mil t~ tiie M~p~ee ~wd tbe M~etp~e wNr m~ke proe~ ~f Iw if thr w~we i~ ~ m.de pr.mqlr b~ ~br
BCc~r 16~ FAGE~2~~13~~ . _
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