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HomeMy WebLinkAbout1174 PROVIUED. AL~IAYS, t6~t tl~e Mortsa~or ~hall pay ueto the MortRa~ee tl~e iad~Medae» tvidenccd by a osetai~ pe~oasiw~on oote o~ w6ich the (oll~wiaa is Mrard~ ~nd fisura iu a ttue topr tawit: - _ ~ /~0~90~ ~O~I i s 14'rs.00 1~or~Dsr 2s 6Q Miami. Floridz 19 ' F'l1K 1':V.I~E KP:CI~:1\'El) {~1i~ ~O~IItr~ 8aQ N7~1'~~ , . promiw tu i; t~~ th~• u~d~•~ uf 5 ~ ~ 1' tl?r princi~wl •w~~ uf ~ UOLI.~~R~, tugrtl~rr Nilh i~drn•~t ~I~rn•un fn~m datr of ihc ratc ~i t~•n ~K•n-rnt. p~•r :~nnuw until n~aturit~~, l~utl~ princi~wl ~nJ i~t~•m~t lN•iug pa~•aldr in law ful mw~~•~ _ ; ~,f Ih~• llnitrd ~tete-. at '.'~'~~t-~ lii•ra~~nr Klvd., \1i~mi. FluriJa, ~~r at w.•h utl~rr place a• the h~~ldrn h~•n~f m~y d~•~i; nalr in wrili~~- ~ Prinri~~l and inh•nn•t yaW~• in it~.,t~ltu~rn4~ a: f«Iluw.: i g~z`~? C;3~•00) Dollars p~r sonth~ !or bhir~-tin (35) aoaMOnti~ . aonths, oa th~ 15~h dq ot •aoh aad ~nr~ aoath. b~~ on tl~ l~~h ~ ~ d o! Jaauar~ , 1968, aad aoatiauiag uatil 15tb da~ o Dso~ab~r, ~ 19~0~ at whiah tiM ~h~ bala~ao• ~ha11 Dsao~u dn~ and ppabl~. i ' i ~ I This noce may be pre~~aid in ~.hole ur in ~~rt a[ter one Year tron? [I~e dace hcreof upon payment ot a penalty ! eyuivalent to two percent ot the princ:~l sua~ prepaid. ~ Each insallment papment shall be credited Eint on the interest due, and the remainder on principal; and in~tiat ~ shall thereupon cease upon the prindpal so crediced. ~ The maken and endorsers o[ this note further agree to ~vaive demand, notice of non-paymenc and protat. and j in che event cuit shall be brought [or the collection hereof. or the same has to be collected upon deanand of an attorney, ~ ~o pay reasonable attorncry's Eta Eor making such collection. , Deferred payments henunder shall bear interat at the nte oE t~n percrnc. per annum from maturity untit paid. ~ This note u secured by a mottgage oE tven dite hert~vith and is to be construed and enforced according to the laws j; ~ oE che State oE Florida; upon default in the payment oE prinapil and/or interest when due. the whole sum of prinapal ; ~ and interat reznaining unpud shail. at the option of the holdas, becaa~e immediately due and payable. ~ James Carswell ~5~,~ ~ ~ , PreDartd by Spieler ~ Tcndrich, AttomeYs. Va1aI~~Pr Carswell ~S~L~ t 2240 Biscayne Blvd_. Niam~. FloriJa ~ i~d shall per[orm. eomply with and abide br eae6 and ev~ ihe stipulatioo~. a~reemtnts. coodition~ and oavmaat~ oi { said promie~ory nut~ and of this dr.cd, then this dte~ and tht e~t~te thereby creat..d ~hall cea~e aed be nnll aad ~oid. f 1. The MortRa6o~ brreby rnve.nanu and a6rees: ~ 1~1 To p~r dl ~nd ua~~lar ti~t Pri~ei~l •od iaterut md ~tl?~r ~~m~ ~f m~aer M7Jk bf ~irtYe ~f Mid ~Miw~7r w~e awd tnu ~ ' deeJ, or citber, prompl~ ~a tbc d~rs respeeti~d~ ~he wme ~erailr bec«nes dre. !b! Te pt!!SlR. tNEelII ~f Mt~I M raNt t~ A~~DI~~~ t~e ~u~vemew ~t dl tiw iu •~tue ~Nd re~ r/ e~wd~tiN: aad ~o do or perrnit Io bc dont to Mid Pre4~sn nothis d~t will dter ~r tL~w~t t1~e we ~d tl~u~cttt ~ w? ~Meet~ f? in N~ ~rs~ ~mp~ir or w~~k~a tbe ~c~~tit~ sf tbis mortp~te. An~ is tue o( d~e refwl. ~e~kee K is~?ilin d ~ie MKtp~.r rsMir ~wd w~iw~~ ~~~d proprr~7. ~he M•na~ce ~7. ~t ~u ~pt~on. ~e ~reY repin ~r uwe t6e qme t~ re ~it. ~~~wee we7~ i~ ~t reVK. 1 e l T~ Psr all ~nd an~ubr t6t nac~, as~erwieau, It~ie~, li~bili~iea, awd ~blipti~ ~f• erer~ rtwe M wJ ~i~s/ /~t~e~t1 n~b ~aJ e~c~r ~+hen J~c ~nd pa~drle ~tcord~n` to I~r, be(~re t~er become Jelipuewt~ ~ed ~eli~ru t~t M~tt/~~et M~? 6el~rt M~rcb 15~l~ of eaeh ~e~r t~a rere~pu e•idcncinR ~6c p~~cnt e( all bwtull~ impe~ed tua f~r tbt pteoedi~{ ak~t rew: t~ i~e'*af7 1be Mortpaet ep~n lus dna~nd Jor ~11 t~ac~. ~MCa~menu ~sJ e6~rp~ tMt s~r ?e ~s~ud ~p~w I~i~ ~/t ~w de i~eM~dwew ~et~^~d herebr, ~nd p~~d b~ tl~c mor.~R«, .ri~how rcprd ~e ~o~ lar+ beret~(en enaeted er here~ftrr 1~ `t ercted i~si~ MT~~ ~~k rl~ole .r ~n, p~.~ t6c~r ~pon ~he Mort~t~yce_ _ ~ Id) To p~~ dl ~nd ~ia`abr tbc cwq. ~1ur~d asd e;Pee~c~„ i~dudis~ law~en' feea ~ ab~tt~ct ew~e riww~blf i~c~n~ w~+ i~ sw~ ti~ne b~ tbe MortpRcc bcc~us• of the (~~lurc on ~Ae p~n ~I tAe Mertp~er t~ Perf+ne. e~pl7 vi1` ~~~iJt ?l ~ci~ ~wd etery tAc ~tipuln~oeu. •Rrcemeota, cond~t~on~ •nd ~o.enanu o( ~aid Prc.rwiwory nete ~sd tlw Jeea. ~t titier. ~d erery wrcl M~e~t ~11 bear interat (rom da~e et t6e r~te of ~~n per cen~um per anwus~ ~ lel It i~ further co~en~nted ~wd ~~reed b~ s~id a~tie~ t6~t ie tbe evewt ~f ••uit bei~ irtitWta 1~ /K~e1Mt t~ ~et~~e. 1~t ~i~et- p~ee ~11 be tu~ided t~ ~hl~ ~t u~ tise pendinR s~eb t~rcd~ve Nit i~ ti~e tMrt V~: jrris~ittiN e~ese~ fK i`e M/~iM~ewt d a reeei~er of ~li ~sd tis~olar t6e ai~np~ed p~opertl. ~od dl tent~„ i~c~. /hiUr irw~ W?s~ew~ ~ie~'~I. ~~we~er ~eurce derived: ~nd t!?creupoo i~ i• hereb~ eiprewl~ e~rew~sted ud ~pted trM 14 Ctirt id! (~tlwri111~ ~/MiM acl~ reoti~ rilh ~be ~od povcn sad doun of rereiven in like e~a; ~wa ~id ~paiataaew~ ill `e ~~e N d~e ewet r~~M~er Mritt ri{IM ts tbe M~rtp~ee. ~nd «~~ho~t rcf~rence to the •deQwc~ ~r insdcqwcr of tht vslue t4 Prpstty I~e6y a~ip~ed. ~r t6e s~lvtn~~ . ~r iwlvent~ ef thc Mnrt6a`on or •~ry o~hcr psnr defcnd~et a.~ch su~t. Tbe al~ttpRw reet?~ Ntt~~inRl v~i~p 1l1e riRbt t~ ~bj~et t~ tl~e sp~uttmcm ~f a reeeiver dore~s~d snd bereb~ a~prerlr c~nKnt~ tlrt wtl~ ~~iM~ewt riall ~e wM~e ~s ~w ~dau~~ed e~it~ ~ed ~•~ut~er o( ~bwlote riRhl ~e t6e Menp~ee ~ad ti~~ ~he ~s~ne nwy be ~we will~wf ~Niet t~ tl~t M~etp{~. U l~~eelosure pr~cred~np should be imtituted ~piaN t6t ~t~pen. c~.erd b~ ~W w~npR ++w ~t4r 1ie~ w el~ wie~l.er dle~ed At s~perior or jvn~sr to tbe I~en of thi~ msetp{t. tbe M~Ap~ee ma~ ~t Au wli~w iw~w~ediNel~ ~w iwMilwi~w d~~b ~~it or darin= t6e pendeecr tbe~eet dc~lan th~~ s~rtp/s ~nd ve ind~b~edwe~a ~err?ed ~t?t?~ ire ~d M~k f~etlwr~tb sw/ s~a~ iu e~uon prec~td to f~~e~INe thu u~onpRt 77wt tbc Mortppr •ill keep ~11 na) ~sd Per~oad pr~peti~ n~~+ ~r here~f~ eac~enbrreA b~ IAe li~w ~Ai• rw~stp~t ~wwrea S! ffqYlfl~I ~?OA1 [IT! l0 I~IM b~ ibe MonM~ee ~`una lass b~ 6re, ~riad~lon~ ~wd aher h~~rdr. ~~wdt~e~ ~wd ~wnt~eReK~ti [K atch periob swd f~~ wol las tb~w sa~b ~~n~usu r~~ be eeqo~red sr ~he M•np~ee •.~i M~ pr~wnNlr ~+~ew dne ~ft pr~w~~~un• f~r ~uch ~nwr~~ce. T1~e ~weuw~~ ~ itinr~wtc teanired b~ t?t Y~rt~~ee sh~ll bt ~he miwi~niw ~w~~wu ~~r wLicb w~~ ~w~ur~wr~ dwll lit ..rittew ~wd it ~6d{ be iseembcM ~Pw d~e MK+s~ter ~ai~sin ~~h ~daiiio~r! IMrfM!! Y M1 bt O!clM~~ w~ert ~nd c~w~l~ (all~ ~+~~A dl c~irara~ct tew~res~tnt~ csst~ieed ~n ~ai~ Mlicir t~ 11~e ead tlwt tAe ~ M~rtppr i~ ~N • w~w~rer tAnr~ud~r Iw~rr~wce ~lt be v~t~~e 6) • comp~n~ ~r eNwMwie~ ~~J « desi~a.ud by ~~e M..+s.~ •~d .11p (it~a ~~J eene.~l~ J~~r~o! ~4U be ?cla b~ ~e Mortp~ec. All deuiled dasip~iw b' ~br M•n~.pr ~.hi~4 •re ~cc~ed b~ t!~ Mietriee ~~U ~~re~n.cwu `et~Mw MMtp~ot ~i M~tp~ee rclatiwR iiwm~ea, ~r taiN~nR ~r he~e~(1er adc. ~M 1 re iw rrn~~wR ~ idl ~e • Mrt ~f ~M~ w~~npse ~peerwewt w fdl~ ~ tb~u~h r_t f~eth .e~buiw bereia ~nd ~lull ~~ocrw bNh petiin Iwre~~ ~wd ~leir wc~wrs ~wd ~~pw l~1~ 1i~w ~wn •w~ ~f uidN licia ol im~r~~ce sr Y~~ Yf /l~Ypd or rnurn prennuw~ vh~~A ~w~~ ~e ~~~?le N I~t ~~ell~~~ew •r ~en~~wat~~w tbend. ~11 bt Ri.en t~ s~`et Ih~w t~e Msnp~ eaeep~ rNt~ •nJwrenKw~ ~iaed I~ w~ rli~~ ~w~ ~~~~~d b~ e M~h~~et.- Fat` Nl~c~ ~I iowr~eee Jwl) hue s~ised tkerete •~t~ndard York !IfKtp~~ l~l~wr ~.i~l»N CwlnbYl~~w, m~k~nR e ~II Iw ~r I~e~ ~uatr .e~b ~.1+~~~f~ble 1~ tb~ Mrrtp~ce r fU iw~ete~t m~~ ~~pe~r. In ~M e~e~ ~w suw~ a~~ ~t iw~y M~emr u Mfs~le the~euwdes d~c M~npRee 11 lu•e tre ~p~~w recei.e ~nd ~~1~ ~h~ wa~t M~ff~Y~ll d in~eMtieM 6er~ry ~~~~d, ~r pern~i~ ~h~ M~p~~? t~ rece~re ~nd we i~, K~w~ ~t tiwe~f, •it?~w ~here~~ wnt~w~ ~t ~~u~w~ N7 e~w~T. 1~~ ~r n~t ~wder sua •irt~e ~f tl~i~ oo~tppr. 1~ ~~em lw ~r ~rir~l d~~~~~~ ~n ~l~e w~Ktlo~Red NN?A1 ~Iw MKtN~~t dNll ~v~ ~wew~- aiNe wMits t?e~e~f Mil d~e 1Kar~p~ ~ed tAe M~npRre a~~r n.ike pr~~f d I~w d dw wwe n~N w~~J? K«wp~ly A~ ~?r ' ~ ~ ~ a~K1S9 PACE1is2. ----_t .