HomeMy WebLinkAbout2730 ~ ~',C,,
,
PROVIUED, ALIPAYS, t6at if t6e Mortp6or shaU pay unto the MortRa~ee the iad~htedneee ~videnced br a
certaia proinisw~ aote at which the toflowia6 in worda ~nd 6gurea is a t~ue copy to-k~it: ~
A/a~`9a9s No~.
s ~?~75.00 ~~~,Ftonaz b ~a ~s ~
? ~oR v~.~~~~~En ~ ao. 3o~a~~ .aa pmmisetopay .
co the order o • • g M ~ ~
~ che principal sum o ~ uti1 ~ ly 1~ ~II~ ~t' p~g,~, together with interat
chereon from clate ac the nte oE cen percent. per annum until maturity. both principal and intetese beingpa
yable in
~ lawful money of the United Seaces ac 203 Roper Building, Miami, Florida. or at such other ptace u the holders hereoE ~uay
~ designate in writing. Principal and interest payable in iruWlments as EoUows:
~ :''oTty 40~i;i)) Uo11uTS jrQ1~ alO~th~ bQ~"1lJtt1~A$ o1i t2t~Q l~jth ds`y O~
' t~atober~ 1567. ~n~i oontinuiag oA th~ 15tb dqy ot e~cti ead sve~c^J
, ~~nth thorc3atLar until p+~id in !'~11•
~ ;
~ ~ ;
This note may be prepaid in ~vhole or in part after one year (rom the date hereof upon payment o[ a penalty ;
I equivalent to two percent oE the principal sum prepaid. '
, F:ach installment payment ahall be credited fint on the inte~reat due, and the remainder on principal; and inurest ~
shal[ thereupon cease upon che prindpal so crtdiced. ~
.
The makers and endarsers of this note further agra to waive danand. notice oE non-payment and protest. and `
in che event cuit shall be brought for the collection het+eof, or the same has to be rnllected upon dtmand of an attornep.
I co pay reasonable attorney's fees for mating such collection.
DeEerred payanents hereunder ahall beu interat at the nte of ten pa~cent. per annum from maturity until paid. -
This note is sccured by a mortgage oE rveu date het+ewith and is to be constn~ed and enforced according co che laws
of che State oE Florida; upon default in the payment of psincipal and/or intaest when due. the whole sum of priaapal
and incerest remaining unpaid shali. at che option of the holden, become immodiately due and payable. ,
~ Frznlc w. Me i tner tsEA;.,)
Bvelyn E. Meitner ~S~j F
~ ~
and sha11 er[orm, com i with and abide b eae6 and ev tLe ~ti ul~tio a mrnt condi 'o ~
P P Y y a}' P R*K s. t~ n~ and coveaaaU of
eaid promieaory note and of this dr.ed, then this deed ~nd the dtate thereby creatwl ~hall cea~e snd be nul! ~nd void. ~
1. The Mortga6or bereby covenanb md •~rees:
To p~r all wd unRular d~e principd ~ad iutcrat aad ~thar ~~w .t m.se~ pq.ble by ~•irtue u~ ~.id p~omi~wry nute and thi~
deed. or eitLer~ promptlr oa i6e da~s .~.pccci.ely d,e ..me .eva.ll~ beeome. due.
Ibi To permit~ eommit or su~er ao wa~te ~sd to maiauis tbe imq+vemeiW it ~II tima in •~ttlt oI ~o~d rep~ir m? e~nditi~a; and
~o do o~ permit to be done to uid premiiw notl?io6 tlu~t «?ill dur ~r eh~a~e tbe re and ~turaeter of ~id prpcet~ ~r io ~o~ ~ray
imp~ir or weaken the ~eeurity oi t6i~ awri6a~pc. And ia cue of tbe reta~al, se6kct ~r iesbilit~ ot tbe MsrtpltK t~ rep~ir and aui~ai~
aaid propcrt~. the Mort~~c ~ar. ~t 6iu ~ption. make sreL rep~in o~ eawe tbe wm t~ be vwde. ~wd adrawee men'p in t6~t be6di.
le) To p~r dl snd ~in6al~r the I~xe~, awewneab, levie~. Ii~biliti~s, ~ad o6Upti~ ~f' erer~ euve ~e Mid ie~eribed pe~pertr eatb
~aJ cve~ ~ri~eo due ~nd p~r~ble ~eeordiaR to I~rn~ be(~re ~beceo~e delipueat. aed ts .deliver t~ tl~t Mertpltte oa ~r bclere March
ISth of ach Tear u: receipb evideneia~t tbe p~~meat of all nll~ iops~ed pua tor t6t
MortRaRee upsn hi~ daa~nd for dl u:e~. a~ua~men4 ssd d~up tlrt m~ 6e ~°R ~°~r ynr; ts indemeify tbe
l~ ~-~A ~ ~~It~R~ ~n the iadebadwess secured
hercbr. and p~id br the mortpRee. w/ithoni reprd to an~ Lrr beretaf~re enaeted or ber~aiter 1~ be ~et~d .iwpwisR W7mtnt oi the
whole or aar p~rt there~f upon thc Mortp`ee. .
Id) To p~y dl and ~ieRUl~r tbe cwu. ehar6d and apee~e~. i~dudiaa l~w~en' ted ud abstnct cwb reasen~blr iacorred ~rpu d q
anr ~ime bj ~he ~donp~ce becao~e of the f~ilure es tbe part ~f tbe !1~~rtp~er t~ pedorm~ eewpl~ «i~ ~sd abide b~ dch and ererp
the ~tipul~tiow, ~`reemeota~ eonditione and eovco~nb et wd p~o~iwoq eote ~sd tlw deed, x eit6er, and ~.rtry rueh p~pment ~btll
bear interat from due ~t the nte of ten per eentnm pet aAw~s.
(e) It ia fnrt6er ee~eeant~d and ~Qeed b~ s~~d rt'see~ ttiet is tbe ewtal of s soit beisR iwNitw~d r~ ~er.rlo.~ t6i~ mortpse~ tbe ~l(~rt.
~ et
aa~ee shall be eatided to aPpl~ ~t ~n~ time peodiuR ~se6 ~~reelwe~e wit t~ d~e eaut 6~ri~s jrri~dicti~n eMreef (or t6e a~istmest
e( t reeeive~ ot all ~ad ~iaRolar the mortpRed proPM7. all reet~. i~e~se~. Pnfi~a. L~ue~ ~wd te+~se~ tbe~e~f. t~em wlrwe~er
~ource deri~ed; aed thereupnn it is herebr e:prdd7 e~~ewuted ud a~eeea tWt tbe Ghtt ~ll fertl~wi~b ~ppoiN sae6 ree~irer wiih
~he oswl powen and dnti~s rereiven in tike ea~e~; ~~i~tsKwt ~11 be ~nade b7 tIK ~onrt M~ mst~er o~ urict riR6t to
tbe Mort6a6tt, u~d writbout ref~rcn~e to the wdeqwe~ ar imdeqa~er o( tLe v~ioe e~ Ibe proprrt~ hr?eby mottaated, or 1o d~c ~olvcncy
or isNlrceer sf the M~rt~Ron or ¦nr ethe? psnr ddead~et N soth suit. Y7te MKtpior her?t~~ ~erriferall~ waivti t6e riRl~t t~
sbjeet te tbe ~ppsiatment o~ a rteeiver u a~ere~aid ~nd ~t~+eb~ acptddY cMrents t}?at ~ac)~ sppo+n~~nt ~11 br msde o~n ~dmi~ted
equiqr asd ar a autur ot aMolate rid~t to tbe Mwtp~ee asa tY1t tbe wne uwy be done wi~eut watiK te tlw Morts~ROr.
u e
Ii forerlwurt prececdin6s s6ould be iu~tituted api~st tie nr eovered b~ t6i~ monpae en•~r. .n~ other li~n or elairn r+betbtr
alle`ed to be supcrior or junior to the lien oi tlw es~etp~t. ~rtp~pee m~r u his optinn im.nrdi~t~lt uoon IM1~Iq116A ~f ~u~b
~ait or duria~c the pendener thercof declare thi~ w~rtRs~e a~d 16e iodeblednew ~red bereb~ duc u~d p~~abk f~tthr+ith ~sd ~wr ~t
ib optioa ptocer.d to foreclNt. Ihu a~ortp~tt.
Tbat t6e Mortp~r wrill keep d) real ~ad pers~ad praoerq n~~r ~r ber~dter eneumbrr~d h~ rhr li~n nf thi• m~rtqRe ina~red
u mar be rcquired from ~ime to tiu~e by tbe Matp~ee ~piwN Iw b~ ire. ~riad~torm snd otMr hss~rd~. ~a.o~1~iM ~nd eantinRCSein
for soeh periods ~nd tor not las tban sueb .,~..~a e..~ tie eq~.ed br ~ Mons•.~ ~ml ~o p~7 n•••n.o~ly whre dre dl pr•miwm
for ~uch inwnnee. The ~mount~ of inwnwce ~eq~tit~ed b~ t~s 1brt~~ee sbdl bt tlk minimnm ~m~~•r~• i~- ..hi~b N~d in~ur~n~~ ~h~ll
b! Mflfltp ~Od Il ~II b! ineaa+bem opew tLe M~etp~ t~ ~i~uis s~d~ ~dditio~l ias~~aoe~ m~~ h~ nr.-~ar~ ~o mc~t ~od ~on~pIY
(all~ aith ~Il taimarance reqoirc~ntnu ~ostaiwed ie wd Nlieies l~ tl~e ted th~t thc wid '.Ne~tps~- i• no~ • roin~urnr thrr~undrr.
Irrurawee s6~1~ 6e rril~eu b~ • companj K een~wie~~ .e~ ~c de~ipwed b~ cUe MeMR.~r. .~~1 wll pr.li~iM ~nd ernr~r~la tl~ereot
alwll be beld b~ t6e Mortp~tee. All deuiled desip~ti~ b' t6e N~itp~ wbicb ~re ~ettp1~d b~ ~h. Mn-~p[K ~nd dl a~mr~eou
behrete Mert6a~ ~od ~bttp6te relatiw~ iwra~ce. Nw esiqina K heresfter oudc. ~1u11 M i~ ~n~~n~ and •6d1 M• o.rt o( thu
010A~tt ~RtlAIEM y FWI1 Y IINU~h ~et tKth ~erbnia ha~eis rnd ~!1 Re~e?e botb p~rtih hrr.~n ...d el..ir .eK~..on ~ad a~si~.
No liew npw ~w~ ~f ~aid (ieie~ e~ inwr~ee K qNw vf rdasd or retorn p~rn~iom ..hi~h mar b. n•••l?1. o~ tbe ~~nrellrtion or
ra~
termiaatioa d~ereof. ibal) Riv~n te etber tb~w tLe Mertp~ee. ~tept b~~p?~per ~ndo?~em~m Rtn«d tn .~.-h ~~lir~ ~ed a~r~~~d by
Mortp/et. E.c6 p.liey of ia~w~n~t ~b~l) b~u ~ea t6erNe • Stand~rd lY~~ Ye?k Mortpa~• (:I~o.• ~i~h~n~ C.ne~rihu~ian, a~~kiaR
~tl ler er 1w~ea ~oder ~oc6 pdie~p~ rable te ~be ~1~rt~~es r~ iMerert nwr appear. In i1K ~••nt ~nr Rnm ~r ~am~ of ~nooey M~om~
W7abk thcreundei the Mostp~ee dull 6a.e 1be ~ptiow b rteeire ~wd.v~
1~ tbe wm? ee .«oant n( in~i.la.~• lw?wb~ ~eeur~d~
or t~ pern~it the M~rtp~pr b reeei~e ~sd we i~ ~r M~ pN't tVre~• wieMm ~bereb~ w~i~inR ~r irop~~rin~ snf ~qnity. lien~ or ri~t
under aaA br ~irt~e tbi~ mortp~e. le erewt ~f lw ~r ~~air~l d~au~pe Io the m.etpRed P~.rt~ thr Mori~uRor •lull ~nv~ imm~-
di~te notiee t6ere~f b~ mai! t• d~e M.Mp~ee ~nd tM Y.n~.Ree wwy m~ke prwf ~f lew i( thr ..me is soc m.de pnmql~ br tbe
. ;
>
a
~ ~ BOOK 16~ i~AGt z7~~
~
~~g"`"~''~~~ "p~~ ~ ~F""- ~ , .~~s-~ ~r~ :
_ x . . ~ .
~'Y ` -