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HomeMy WebLinkAbout0306 . PROVIUED, AL~VAYS. tL~t it tbe Moet~a6or sluli pay uato the MortRaRee tte iad~MeJnt~ eridr~etd by a osM~ia promiwor~ sote ~ M~;~b ~ ~ou~~,~o: ~ ..~.a..na r~~~. u . ~r ~o•wit: ; ; A~ld~o9s /Yols J= 16% .00 Miami. Florida j~avcnber• 11. ~g 6~ ~ - ; FI)N ~':11.1'h: I{I:I:FI~'F:l) •ie s ~:~ii~i.ly =tY1~ StVeZ'=~ tY pn~mi•c tu p~~. ~i . , - • ~ ` ! l:+i L ~ Al aiL~ «iai ~ i _i~J v ; ~ir (u ll~c on.~•r uf ; , > : ' ~ . l tlu• princi~?:d sum o~ vrf= 1,;OUS:~!,,,3 .,~1X _2UII.:~ vC~ ~:Ii.l'~t~l-y lVv JYl:;iOOl. .:~N~, lu~rtl~rr Nith int~•n•~t i ll~~•n•un ~n~m dalr uf th~r nl.• uf ti•n ~N•n•~•nt, ~~rr amiuiu until maturih~, t~ulh princi~w) :~nd int~•~•:t t~rin~ pa~•alAr in lah ful uiunr: ~ uf tl~~• tlnil~d ~talr: al l3i~•a~ nr ISlv~l.. \li-rroi. Florida, ur al wcl~ otlu•r ~?I:N•r a: lhc liu~d~•n hi•nY?( m~v d~••i~~~alr in wrili~~. ~ ~ I'rincip~l and intcn-:t ~wyal~lr in iu.trl6u~n4• a. lu11uW~>: . I i:ii~~;; {;>~.JO) i~oll:_~s no?^~'z, ba~inr.ir.~ on ~:~.U 1:~h ~w~~;~ ~ v_:.G':.l~j`~ l~'v:~ rOr. -~rtiln~ On l: tn :_la~' ~~f °`.~tl 21~1;~ eV~'1'y :itOTI~Yl i li(I~l~e~-.fti~r unLi1~2.-~.i~ivin ~!i31. ~ ( ~ This note may be pre~~eict in ~~hole or in p•rrt a[eer one year (rom the date hereot upon payment o[ a penalty ~ , eyuivalent to trvo percent ot the princip•rl sum prepaid. ~ ! ~ Each irucaUment payment shall be crediced tint on the interac due, and the rtmainder on principal; and incerest ; shall chereupon cease upon the prindpal so credited. ` The makers and endorsen oE this note funher agree to w~aive demand. notice ot non•payment and pratat. and ' in che event cuit shall be brought ior the collection hereof. or the sune 6u to be collecccd upon demind of an attorney. ~ co pay reasonable attorn~y's tea for making such rnlloction. ~ ~ Deferred piyments hereunda shali btu incerat zt the nte oE ten percenc. per annum Erom macuricy uneil paid. This note is secured by a mortgage of rvtn date herewith and is to be consuu~d and enEorced according to the laws oE che State of Florida; upon de[ault in the payment of prinapal and/or intaest when due. che whole sum of prinapal and interest remaining unpaid shall. at the option ot the holders, bocome immediately due and payable. • i2t•~dciPn (SEAI.) ; ; ~ Prepared bp Spie?er A Tendrich. Attomeys, i _:31~ • :~Y'~' [%n ~SE~,~ ~ 2240 Biscarne Dl~d.. ?t~ami: Florida } 1 1. The '.KortRa6or 6erebr covenaoL and a6rees: f~ 1 To p~y dl ~nd ue~ula~ tbe pri~ciMl and isterc~t a~d st!?~ nuns d m~we) N~~Ie b~ •inue o[ ~id 't~miwry w.~e ~nJ tbu dccd. ~r E,iJier. Prowpll~ ea tbe d~~n respectivct~ Ihe wme ~enll~ bee~mes dre_ ' Ib! To pennil. romm~~ or ~a[er no w~ut ~wd Io ra~inuia ~be ~mprwemew~ dl liiaes i~ • N~te p~d np~ir ~ e~nditiN: aad w do or pennh to be done to wid ~emud no~hin~ tlut wiU d~er ~r cbaw~e tbe at ud tAar~et d w~~ ~~q sr in ~s~ way imp~ir or weakea ~he ~ee~ri~~ of tbi~ mort~~te_ And in cue o( tt~e refw~). se~leet or isJili~~ ~t tbe M~s~er ~~r ~sd w~a~u~¦ ~ u~d Prepert~, the Mortp~ee as~. ~t 6is opt~en, m~kt ~YC6 rep~in er unK tbe wne t~ be wde. ~~rawee Mwer ~A tV~ bdr~~- Icl T~ p~r dl •nd ~in~ul~r tl~c ~~se~. a~~ewueau, Icvies. Ii~Dilitie~, ~nd ~blipti~s?•si ere~ yuu~e N Mi~ ~tri~ Kqsetr ~b ~nJ e~etr nc~n due and p~~al~le ~ccordinR t~ (~r, befa~t t6er becsrue Jeliwqueat~ ~ed ~e ~eliver t~ Ibe M~tip~st N~r be~ere M~tcl~ lS~h et e~ch ~car t~: retr~pu ev~denciu` the p~lmeat o1 all lawi(ull~ iwpNed tu~p (o~ the qecedi~ a{e~r ~r; I~ indemsify tl~e Ms~tp~ee ap~n hn dem~nd for ~11 t~:ca, us~wnenu aoJ eLarp thu m~y bc ss.c.sea upsn t6ia ~t~e ~w tre iadeMedweM ~eeured I~erebr, ~nd p~id b~ the mort~R~e, srnhont r~prd ~n~ I~rr beretsfere en~rted on c~rrdltr t~ be ~w~tted iy«i~~ N1a~~~ o~ ~A~ vholc ~r ~nr p~~t there~! upon th~ Mortp~ee. Id) 1'o pq dl u~d ~in~ul~r t6e ro~u, ~h~r~n ~od t:pcn~es~ isd~dins Is~en' fep ~ed ~bMnct t~ ~bl~ i~corred ~t p~id sn~ Ii~ae br ~6e blor~pRee bec~usr ol the (~ilure on tbe p~rt e1 Ibe M~rt~~er ptdorm. ewpl~ vilr uJ ~biJe 6~ e~c6 ~wd ert~ tbe stipui~t~oti. •Rrcemeeu. eond~t~on~ •nd ~o~~cn~nu of ~aid pro~wiwor~ aete ~aa tW~ Jted. K tit`e~. sw+ totry wc` M~ewt ~11 bear interat from d~le at the nte of ~~n per centum per aanu+n ' lel /t i• /urtRer co~enaated snd ~~reed b~ wid p~nie~ t~~ i~ the e.ent ~t ~ tuit bei~ irwlitWed t~ t~teel«e t?i~ wo~tp~e. Iie ~IM- p~ec ~ull be entitled te ~p~l~ ~t aa) limt prndiu~t ~oeh I~reclNOre ~ait 1~ tht c~st Ir~us j~ri~icti~w t~ae~f /~r t4 p~~iarewt ~ rccei~er oI dl asd ~ia~nl~r tbe mortp~ed propertr. ~nd ~f aU ren~a. iec~. N~ib. iww ~ esrewea ~istMl. t~ ~INe~er ~eurce derired; ~nd thcreupon it i• herebr esp~l~ e~~enuled ~nd ~~reed ~~M ~Le Gwt ~!1 /~rtbit? y/~iM ~reL rtesivtr vith lbe irwl po~.en ~wd dnuei o! reeeiven in like c~: a~ ~.id ~op.iwta~aN ~sl1 ~e sa~e b~ tk e~ut r~~ner ~f ~iet ri~M ~o tbe lYd~re~see. ~nd xitheut rcf~rencc to the ~dcawc~ or iwdequ~c~ o! tLe e( ~Le R..pe.ir 1K.~D~ ~«+s.s~d..r u~e +elt~~r . i~wlr~ner ef the Me~tp6ors er en~ other p~rq ddend~~t a ~ucb su~t. Tht M~rtpRor ~aei7 Meci6ullf w~irp 1it ri~tht te ~bj~et t~ the ~/riwte~cw~ • ~ecciver ~l~re~a~d ~wd bereA~ spra~tlr c~mawb th~t we` ~~iwt~e~M ~1~ `e w~Jt M ~w ~Aew~nad eqni~~ u~d w• sutcr o( ~bwl~te ~~th~ t• tDe Mortp~ee aed t~t ~he ~aw~e m~~ be d~ne ~ri~~t ~Niee t~ ~ht M~etp~~r. (/1 It foreclwure preceedinp ~hould be innituted ~pirt tle ~r~pen. e~vsred b~ ~1:s a~~np~e ~w w~ M~lf I~1 N tI~M~ r~~f ~lle`ed te Ae s~peri~r or jemor to lhe l~er o( tbu ~n~rtp~t, tLe M~rtp~te nwy d ha oOtiow io~ediNClr y~w i71N11411M ~f ~~h ~~it er Juria~ ~he pendeoe~ thereof derl~re ~ii~ s~~rtp~e awd tLe ired~IMCdwns ~et~rtA henb~ d~e ~wd p~~We f~eti~vi~h ~wd ~r a~ iU pti~a pr~cred te f~redMt thi~ mortpRt (~1 T6st tbt Monppr rrill keep all rai ~od pcn~od y~opettr n~~r ~r I~er~dler eacumbrreJ b~ tUt li~w of thi~ ~n~rtp~t ~wa~rtd ~s uy~ be rtquirtJ irom limt t~ t~~e br ~}ie Mo~tp~ce ~~uw~ los~ by 6n. vinds~orn~ ~sd ~1btt lysards. ~~~wlt~ey ~ad cN»~nRew~~h f~r ~ocA pe~i~d~ ~ed for nw ler tMn suc6 ~m~usu r w~ `t eewired ~r d~c Mort~~ee ~nd t~ pq pru~~llr ~+bew dre ~I! pr~mi~un• - t~r ~reh inwr~nre. The uaoun~s o( inw~snre reaoired IrT t~s itert~~eee rh~l? be ti~e min~mirw ~~w•~ea f~r «bi~h M~d ~w~ur~~~ •hd! I,e rrrinew ud it ~11 b~ iacambent upw~ tbr M~r~~pe s~inuin ~ne~ ~dditiwul ~w~~rMee « aw~ be wtcewry ~e w~en ~nd ~ow.Pi~ Idl~ a~th all ctiawrseee ceqairemem~ ~oeu~ncd in wd ~li'ies t~ ~Le eed that tl~e M~d M~nppr is wN • ~?inwrer thrr~undr• n tw~rraace ~lf be ~rrittea b~ • tompan~ o~ c~m~~nie~ ~Kr~v~d ~r desi~n.~ed b~ d~e M~np~ee ~nd ~!1 lit~a ~sJ reee~~lf ~Arr~o( .ti.ll be rctd br d~e Monp~ee. ~II deu~lcd de~pe.u.e. b~ t6r M•npqr ~Aic~ ~re acce~ ea 6r t6t srlM~ee wA ~U •pe~r.esu ~el~~s M~ttp~r wa Y~rtp~te rd~lin~ ~o iti~nwca. s~w e~iu~ns ~r I~nt~ftcr o~~de. ~ha11 be iw vn1~wR s~d ~411 4~ pn ~1 tlu~ in~~t,p~e ap~e,wcat w(dl~ r t1wu~A ~et lonh .e~buiw 6etein ~nd dull ~o.crw baA p~nies here~~ ~wd ~Leir Nccaso~s and ~N~pu. N• liew rpn •n~ d uidp~ licies ot ~~ar~~ce or are ~a~ ?dued or relure p?tm~am rrhirh rw~l be ~'sblr ~r d~t nMelbuon or ~en~inatien tl~e~tel. tb~l! bt Ri~en ~o ~t~e~ llu~ tbe Msr1p{ee, es~ep~ b~ prper tnde~remrM ~~ed 1~ s~e~ pdiry ~wd ~~eved b~ MeAp/ee. E~cb ~lic~ of +ti~r~ace ~iwl) hut •ised tl~e~e~• • St~na~td ~1ia York M~np~e. l:l~w. ~illNnl C~Nn~lisw, m~k~nR ~II Iw er lw~es a-wder ~uch wlihy~ ~~ble u tbe Mertp~ n W iwtereN m~r ~Ppe~r. iR ~M ~~nN ~w s~w? ~r ~aw d~wowr~ Mrom~ p~~~~le thcreneder ~l~e M•np~ee ~MII lNre tbe ~ptiM teeei~r ~nd soplp ~bt ame ~n K~~uw~ d t~ inderleisew Aerwlry ~ur~d. ~r a penn~t ~F~c M~np~~r t~ receire ~wd we i~. ~r ~w~ pwl 11w?ed. ~ritMot ~lkrebr ~.a~~~n~ ~r ~wpmwR w~ ep~~~. l~n~ ~r ~~~k~ ~nder and 61 ~irtte Il~i~ w~ert~stt. la •rent ef Iw ~r ~rir~l d~m~o~ to tht m.r.R.~ea o..'.r~~ d~r M.n~.~.r •I~.11 Riv~ ~w~n~~- diNt a~eict Ibe?ed b~ m~il ~e tbe M~rtp~e~ •nd ~bt M~npRre ~n~r m~ke pre~f d Isa ~f IIK w~t i~ N1 rw~k ~rNwp11~ b~ 16r ' } . . a~K 169 PAGE 302 ~ . ~ - - . A~; ~ ~