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HomeMy WebLinkAbout2161 - - - ' PROVIUBD. AL~AYS, tLat i~ tbe Mo~t~sve ~hall pay unto the MorlRa~ee the ~od~bteJn~ ev~draeed br a pro~~ tote et ~?1~id~ the tollawiai ia ~rorb and 6~,ura i~ a true copr to-wit: l ~1~/s~l~9s ,Noli ' i 5~1~`~•J~ Miami,Ftorid~ DecL~ber 16 _~g ~ ; ~ ~ ~e, jointl~~ and severall I F'111i \\I.l h. 1.1•:t:F:t~F'I~--_~- y _ ~?n~mi...• to ~?a~ tu tl~r ~~~d~•r ~~1~_ I~i:i.i.cI:i _:01'HB~:t`P ! ,~i ~'ive _ Thous_.n.: Seven_ Hundred Twent -~~ive H~~. a~~~•~~„•~..i~~~ ~~~~.•n•.i - - - ~ th~•n•un fnau ~lat~• ~~f tlu• ral~• .?1 l~•n p.•n•~•nt. ~N•~ anuuiu nnlil u~alurih. (N~th (~rin~•i~wl and int~•n•~t !N•in~ aldr in laafu) ~nunr? ~ uf llu• t nitrd ~lal~•• at 1 l Iti~•a~ nr lil~ d.. \liau~i. F'lurida, u~ ~t .u~-1~ utl~rr (~l;~•r a Ilir 6~ddrr• l~rnv,f u~~~ ~Ir:i~natr in N riti~i~. ~ 1'~in~•i~~ri aud int~•~~•.I ~~J\:II~I~• iu in•ta16n~•nt~ f.~!lua.•: Li~hty-i~ive (:85.00) Dollars Yer month, for fifty-nine (~9) consecuzive ~ raonchs on ch.: l~ch day ~f eaeh an:i every nonth b~ginnin? on the ISth day of ~'abruary, 1~b3 and contir,uin~ until che 1jLh da.y of J~nuary, ly?~, at ti~rhich tim~ Lh~ b~lunce sh:~il b~cooe 3ue and ~:ayable. This note niay t~ E3rc~~sic1 in a•hok or in ~:ert after on~ year (r~n~ the date hereot u~~on F,ayment of a penalty equivalent to two ~xrcent ot the princiµ~l sum prepaid. Each inseaUmen[ payment shall be credited fint on the interrst due. and the remainder on principal: and interat shal! thereupon cease upon che principal so creditcd. ~ The makers and eodoners oi this note further a?gree to ~vaive demand. notice o[ non-payme~c aad protest. and in che event auit shall be brought [or the collection hereof. or the ume has to b~ collected upon dc~mand of an attornep. co pay reasonable ateorney's fea far making such collection. . Deternd p~rmtnu henunda stull b~r intaest it the nte oE ten pacrnt. per annum from maturity until paid. 'This note is secured by a mortgage oE even date here~rith and 'u to be conswed and enEorted according to ehe laws of che Sca[e of Florida; upon default in che pa~mnent of principal aad/or intueat ~vhen due. the whole sum oE prindpal a~d interest remaining unpaid shall, ac che option of the 6olders„ beoome immedi:tely d~~!~ and payable. ,(:harlie S~:ann ~S~ Pr~p~re.f Fr Spielet 14 Tendrich, Altumeys. nubie ?7~Jt~, r~ 2N0 Bisca~n~ Blvd.. Yiaani. Fluri~L ~ ~.SE~.~ ` •~nd shall pertorm. comply wiil~ aad abide by acl~ and ere~ the ~tipulati~a+~ a~rremenU, condilion~ aod oov~naa4 of ~ wid promiwory note aad of t6i~ de:ed~ then tlw deed and the estate tberebY ereat..d ~hall cea~e aad be null and void. 1. The Mort6a6or 6e~ebr covcnant~ and •6rec~: 1~1 T~ pr dl ~wd uw~lu ~bt pri~eipal ~sd iaternt ~sd ~tlwr ~wn~ ~t eo~~ef M7~b1e by ~~inut of Mid PtNaiwrp av~e ~eJ ~h~~ deed, ~t eirLer. Ko4Wlf ~a t6c d~~ e~npe~cti~d~ tbe wme ~asll~ becwna dre. Ib) T~ per~i~. csms?it K w[er e~ .n.~e ud t• wiou:~ tLe ~apr~vemaw q aU tioa i~ • u~te p~d rep~ir y/ e~ediu~~: ~wd t~ d~ er peew~it to be d~ne t~ ~id p~emi~a aothis~ dut v+ill dter ~r eirw~e tLe ~we ua ~Mr~cter ~f wis ~r~eet~ ~r in ~a~ ..sy imair or ~+e~km ebe ~eerrit~ ~f ~6i~ awrtpRe. And iw caae ~t t6e retrrl. ~esleet ~r ia~Lilit~ d 1\e MKtppr t~ reMir swd m~iw~• _ ~aid ~open7. tLe Monp~ee ~7. ~t W peies~ oake ~rcr reain ~r nwe tbe w~e ts be w~ie. ~~/vawee ~~we~friw tb~ be`el(_ Ie1 T~ ar dl aad ~inp4r t6c u:e~, awessz~ent~, It~.a. ~iabilitics, ~wd ~bliptie~s eren Mtve M~ incriLed ~rpcny ~xh ~ad ereq rbcw d~e ~wd p~f~We aet~rdin~ to l~~r, bdKt t4~ beceme ddipYap, wd te ~dclira t~ d~e Martp~es w~r let~re M~rcA 15t6 of nch ner ua rece~pu eridencia~ t6e p~~nca~ dl lnrfuU~ ioowed tasp (as the Pteoe~i~ t~k~r t~ indem~i(~ tlic M~rtpree ~p~w ha demand Tor ~li u:e~. u~aan~nu md eL~~pr eh~t wr be ~ Y~M /LM ~~t M t`t l~lblt~tM ~ltYKd bereb~, a.d y.id br d.e w~enpRee. ~ritlwal teprd to ae~ I~w Detel~f~re eMtted or I~t~fter bt ea~etea iM~siw~ Mraewt of ~be vhole ~r uty part ~bere~f rpon the M~rtp~ee. (dl To y~~ dl ~nd ~is~nl~~ the cwu. clNr~d ~ad e:pea~p. i~dudis~ lasqeer' few ~ad ab~tract eMb rcaNw~blT i~cw»d ~rpa id ~t u~ ti~ut bj t6e N~rtp~ee bee~we ot the (~ilure ew J~e p~rt ~f ~he ?Mertppr t~ Pe~iora?. c~Pl~ ~?i~i ua ~bi~e b~ acb ~nd every t6e ~tipul~tiwr, ~~rce~nc~ta~ condi~~om ~ed coremn4 d wid *roraiwory a~te ad t6i~ /eed. ~r ei~. u~ ertq wca M~ewt ~6d1 ~ear itNerpt lr~w d~te at tbe nu oI ttw per centu~ per swera~ le) It i~ tort6er c~~en~stea ud ~pecd b~ Mid rtin t~ u ebe eve~u ef • suit ~ci~ iwNiwted t~ (~rcelMe t`i~ mortp~t. tre alKt- ~.see ~ball be esuded a y~l~ at ~s~ ~i.e ~eS~aR ~web (~reclMwe ~a u t6e cwrt ir.i~~ jwi~ietiw erero.! !~r ~e pp~ie`est ~t ~ rcoei~u et all a~d siwplar ~ie m~s~i+N~ V~~n7. ~si ~t dl rewb. i~c~.lhiM~. irnw wi refew~n dee+~f. f~M ~~Meve~ ~owce derived; ~nd tbcrwpon i~ i~ bercb~ e:prewl~ t~~eWte~ iwd s~eeea t~t tbe C+~tirt ~U f~rtbai~i~ yMi~t ~rc6 reteiver wi~b tie w~t po~rcn ~wd drtia eI reeeivrn in like e~n: ~wi a~ ~i~a~ew1 Jdl ~e wuie l~ t~e c~wt wnter ~t wrict ri~M to tbe MatpKe. and wit6wt ~efcrcnce to the adequac~ ~r iadeqo~cr ~f tl~e ~due .t ~e Prw~~ herebr o~•np~ed. ~r Ibe Nlseecy ~t iwlvewer ~t Ihe Mwetp~on or any o16er ~rt~ defeedvt t~ ~u~b suit. T1~e M~rtppr ~a+e~T ~petiGcally ~raira e?t riFht ie ~?jKt u d~e pMi~t~sest ~f • reeei.er u deraaid ~wd Lereb~ aPreMly e~w~ewr tlyt A!~ i/~~~AI~tM ~IMII et pNdt M M•dA111~ed e~14 ~wi Mtu~ ot ~ltue ri~4t t6e M~rtpre ~ed wt the w~c m~r be d~ne rili»w ~Niee t~ ti~e M~r~p~~r. (/1 U f~roclesrre p~~eeediw~s ~h~uld be iaututed ~pirt tie o rer c~ve~sJ 6~ tii~ u~Nyp~e ~pw ~~14r 1iq ~r eyiw rl~e~r p~ u all~~d 1~ Ae an~eri~r or jrwi~r t~ ~he I~ca of tLi~ w~~etMK. tbe ~R~Mp~ee m~r ~1 Aii ~ptiew imw~ediNel~ p~a ia~tituti~n ~f ~~eA wit ~r duriws tUe oesdeae~ tl~ereet decl~ce tAis ~a~Ap~e awd t4r ind~b~edwew ~ec~ 6erebr dYC ~wA M~bk t~nAv~th ~wd n.~r n ib Ntiq ~~cecd t~ f~reclNe tlw o+~rtp~te. ThN t~e Y~np~ ri1) keep ol red ~nd penwl yr~eeqr n~w k ben~fter ewcua?brre~ b~ ~he licn d tAi• ~n~rtp~e ~MYIt/I ~ iws~ bs .eq~.red ~r«o ~iw~e tv ~use b~ ~be Manp~ee apiwn 1«s b~ in. windsl~rn ~nd olhtr lys~rd~, ~~~ud~~e~ ~nd ~aM~nRew~~h ~~t t~d periei sw~ f~? wot le~r tlan sac6 ~w~uwb a~ it eqrired ~r tbe M~rtpyet ~nd t~ W7 P«w~ptl~ r6en dre dl p?~m~uee~ (~r ~rch iwwnwce. Tbe ~w~awt~ iwwn~ce rconir~ b~ tM ll~rlp~c ~hdl be ~he miai~nwn a~~~nu ~~r rhicb w~d ~naur~n« ~Full be ~.rinew ua it ~11 be iwe.a~ben~ .p.w d~e M.r~~apr .siwiw ~dditiwl is~rrwcc M sa~ be werewrr te wier~ ~n.l roe,Pl~ fdlr ~?id~ ~Il t~i~wrMte ~~i~ew~ewq ~~e~iwd is ~ Mlicir to 1ht e~ t?~t t4t N~d M~rtp~~t i~ we1 • ~~-i~wror ~Mt~undrr Iwwt~wce ~If re ~rriuew b~ • ceanp~a~ K csn~wie~ y*.•..d K~si~we~ br H~e M~np~ee ~ed dl~p~li~trs ~na rcnt..~b U+~r~of sidl ~e ~ela b~ d~e M.ess+see- All da.ikd ~e.ipn;«r b~ tiie M~rtpp~ .Mic6 ~re ~e~g~ ed b~ ~h~ M~rtp~ee ~~U ~Rr~.r~cau b~tww Y Mi Y d~ ~i~Mr ~'tpM~ rel~tiuR t~ uwnwc~. M~r eaiNm~ +t hered~e~ ~de~ ~11 be ~n ~.nuwR wd ~11 6r ~ Mn of ~ln~ ~w~rip~e s~eMweat r tdly ~a tMr~ ~et f~etA .erVtis~ 6ereiw ~na ~Mll ~~nnt MeA p~rties l~ere~~ awd ~beir ~tarwn ~nd ~aa~u N~ l;ew ~.w ~q d..iar lieir ~f inwrwee ~t ~w ~s~ reiw~ o? return prea~~ua~ wrAi~A ~.r be p.~.bk w 1k ~~nrell~~~on or ttewiw~ii~w tl~ae~f. ~Q be pves ~tr tlw ti~ Mortpiee~ e:~ept b~~ pet ~nJer~enKM ~~i:~d 1~ we\ pli~~ swa ~~e.ed b M.np~.e. E.c~ ~.liq d iw~wasee siwll b~st ~d tberel~ ~ bt~nd~~d 2V.. Ye~k M~np ~ter ~~I~YK ~.itl~w~ CoN~~Y4~w, m~~~nR dl 1~ ~r I«te~ ~saer ~~ch rliq ~dlt u tbe M~etp~a ~ W i~teneM m~~ ~pe~?. In ~M ~v?M ~ny ww~ N~~ a/ ~wowty b?~om~ M~le thtreowler t4 M~ApRet ~11 As~e t6e hti~w 1~ rtcei~e u~a apl~ I~t M~lK M Nronwt of tix indeMedwew be~wbf wrurrd, ~t N~tnwit the M~rtypr 1~ recei~e ~wd we i~ ~r u~~ ~wt Ilw~e~l. ~.itl~wt ~he.eby w~~~~a~ ~r ~Ap~~rieR u~~ e~nr. I~~w~ ~r •~Rh~ ~~w/ ritt~e d tLi~ ~n~np~e. Is ~~ewt ~I I«r ~r ~~ird d~wu~ ~a ~he ~w.nR.~ed p..pn~ ~M M.r~R.~or .Mti R~~• ~mw~~- JiMt w~tios dwred w~il d~e M~np~ee and ~be M~npRK m~r nuke Pro~( ~I Iw d~It~ ~wt u~~sk a~enMb ~1 . ~ ac~K169 Pac~2144 . - - ~ -