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HomeMy WebLinkAbout2937 : ' ~ ~ r 1 - , ~ . PROVIUFD~ AL~VAYS~ tL~t i~ tLe Moe~s~6or ~h~ll p~r u~~o the MortRaRwe the inA~hteJ~eN ~~ide~eed by ~ oeeta+~ pr~i~a~ ~ot~ o~ r+6ie1~ th~ (o1Mwi~ i~ Mrorda ~nd figum i~ ~ true topy ~awit: _ i - ~ /~a~90~ ~O~ ! ; ~~•~0 Miami. Floridi D~O~b~! ~ -19 ~ I' . ~ Ml1R ~':11.1~F: I~h:CE:l1'EI) pn?m~.w tu ~?ay' 1 ~ t~~ th~• urdrr of Aa~`I'ul3.i 1`i• .+~Y btIId 8.:+•t'rH.: A M • i tl~r princi~?al .um uf ?~Y~a 3 ~ ~~n~~' h 1. tc~rther with iutrn~:ti j tli~•n•u~ fn~m dab• u( thr mte uf i~•n ~H•n~cnt, prr •rnnum until maturity. lwth princi~l and intrrr~t brin~ payaWc in laMful moncy uf the Unitrd ~lat~s al `..~'...'-1~ FiiKaynr Bivd., \liami, F'lurida, ur at such uther placr. ~s the hulde~s henof may de~natr in writing. ti ~ Princi~wl and int~•n~t ~~ayabl~~ in in..lallmrn4s ar folluw~: ~ :~re~?~ C~70.~4) Dollora por ~oa~h~ b~ oa ZA~ 15bb dy o! ~ ° F~ , 1968. aa~d oontinu3ag ~a th~ 5th d~ o! ~aon a~Q aryr~ ~ ~oat~r~al~~r na~il p~id is l~all. This ~ote may be prepaid in whole or in }~n after one year fr~m the dete hereoi upon paymrnt of a penaltr equivalent to two ~xrcent ot the pri~cipal sum prepaid. ' ~ Each inscaliment p~ymrnt shall be credited Eint on the iaterat duG and the remainder on principal; and interat ! shall thereupon cease upon the prinapal so credited. - ` The maken and endorsers ot this note further agree to ~raive demand. notice of non-payment and protat. and in che eveat suit shall be brought for the colkction herrof. or tLe same has to be collecttd upon daaand oE an attorne~?. co pay reasonable atcorner's fea for making such collactioa. De[erred pzjnnenu ha+e~nder shall bar iataat st the rate oE tai percen~ per anr?um from maeuriqr until paid. Thu note is securod by a mortgage of e~rrn dzte htr~rith and is to be ooaswed and enforced according to the la~vs = oi che State of Fl~ida: upon default in the p~pment oE prinapal and/or interat ~vhen dne, tl~e ~rhole wm of prinapal ~ and interat remaining uaptid ~11. at the opuan oE t6e bolden. beoom~ smmediitdy d~e and Wlrable. Floren~ FerRnsos ~s~t.~ prepped b~ Sbieler a Tendrich. Altomeys. rc~~~ ~210 Bi~cwne Blvd.. Miami. Florid~ i •nd ~h~ll perform, eomply with aod abide by eaeh and every the ~tipul~tion~. aRmemrnta, eooditiow and coveoanta of ~aid promiw.rv note and o~ thi. d.ed. thtn thi~ d~ ~nd the «t~te ~he~br cre~atrd ~hall ce~~e ~nd be ouil •od void. 1. The Mort~a6or 6ereby coven~ou and a6ree~: (~1 T~ M7 ~11 Md ~~e~tul~r tbe pri~cip~l ~ed in~e?e~1 and N~ ef ~•wer ~.~.?k b~ •~nue ~f ~~i Pr~miwry uo~e ~aJ ta.~ i deed, ~r citi~e~. ~ro~pllf ~n ~he d~l~ re~p?cu•el~ ~be ~an~e ~rrill~ btt~mes dre. Ibl T~ pt~+n~t. ~~mini~ er ~u~er n~ v~~te ~~d te m~int~iw ~be ~mp~~v~ment~ N~0 time~ iw •~t~te ~I ~o~d r~p~it c~ndu~~e: •nd ' ~e d~ ~r pemnt te be dene ~e ~id premi~a nethio~t Jr1 r.ill dter ~r tdn~e thr rK ~nd ~h~?s~~er o( ss~d ~ooe~tf ~r in ~n~ .+a~ ~ imp~ir or ~.e~k~s tAe ~eton~~ sf th~~ m~rt~Re. And ie c~~e ot tbe refuwi, OtRIKt 01 IM~~I~t~ ~ tb! MOff~jOt t~ rep~~r and o~~~w~~ u~d Prepen~. U~e Monptae ~t 6i. •ai~A. wwke ssc6 ~t~l~ Of lIYM I~M M~1! I~ b! w~AC. awa a/~~~! ~n~ne1~ i~ t6n be6d(. lcl T~ p~r dl ~nd unRul~r tbe ~~:n, wrMw~ewu. Ie~ria. li~bilNie~. ~nd ~6fiptioa eren N/Yft N riJ Jc+c?ibed ,r~penr eKh ~sJ ever~ ahen dre ~nd paf~l~le ~ceyrd~aR I~~r, bel~re t6ey beconK Jcli~putw~ ~nd ~deliru 1~ ~Le 1d~ttp~ee ~w ~r oef~re M~r~h IStb of e~eA ~e~r t~= rere~pu evideneiaR Ibe p~rw+ewl e/ dl lav~ull~ us~~ed u:ea [~r the oreoediss t~le~d~~ yar: t~ ind~e~+wil7 ~M M~rtpRee up~w Ai~ dew~~nd for ~11 u:ea, wew+n~nu ~eJ cbar~s tlu~ ~n~r be ~sse~!ed upew Ihi~ ~Mp~t ~w IAt iade?iedwe,. ~ecured hercb~. ~nd psid b~ ~e morfpRtr, ~i~hout rtp~d ~o ~n~ I~r+ be~et~l~re en~He~ ~r ber~aft~t 1~ `t ew~t~ed ~~~si~ P~1~~~~ .rhele ~r ~n~ p~rt there+f apen ~he Mer~p~et- (d) Te dl and ~~ntul~r the ce~u, ~lurRe~ ~ed tapemt~. ~kIYd1A~ I~Y~lf~ fca ~w~ ~bw~ct t~u~ tewn~blj iwc~rred •r p~id ~t ~s~ ~iw~e b~ tbe M.reR•t~e sec~uK al ~he f~ilure ~n ~Ae p~ti ~f ~he N~rtp~t~a I~ pe~f~r.n~ c~.uol~ nit6 ~ed ~b~de b7 aeh ~nd e.e~f tAe uipnl~~io~. ~R?ccnuau. cond~uon~ ~nd rorensnla-~/ Mid ~iw~swn n~tc ~wd ~Li~ Jeed. ~r ei~ic~. ~wa ert7 wc~ ~~ewt ~?rll bu? is~erpt ft~in due ~t tbt r~~~ eI ~~n per c~n~urn ptr ~nwu+u (t1 11 i~ fortbcr t~~tnaal~d ~sd ~~rctd b~ wid p~rtie~ t6s~ i~ tl~e e~awt ~t • t~it 6ei~R ieMi~wed f~rert«e tbi~ s~rtp~e. ~be a1~n- p~ ~11 se en~id~d ~e ~POI~ ~t ~w~ ~~~we prndiuR ~.eb f~re~l.~un wi~ ~e cwst 1~~~~ ja~i~din~~w s~ere~f fe~ tbe ~p~~w~ewt d• recei~er d dl ~nd ~iaNlar ~e m~rtp~ed Vnperty. ~o~ ~t dl ~em~. i~eNSe+. V?~iu. irwn ~wd ~e~ew~ ~ere~l. (ru~ rWwe~s~ ! s~wce dcrived; ~nd tbertupen i1 i~ hereb~ eiprewlf t~~tw~~ted ~nd ~Rned th~t ebe Gnrt ~6~11 forthvrith ~~i~t ~oc6 «eeiver ..it6 ~he wud pe~.er~ ~wd daue~ nf nwivrn in like cMCS: ~sd ~id ~~in~rnMl ~II bt 1~,t b~ III! t~Y~! N~ Oulttf ~ Nfiel ~i~ ~o 1he MK1p~et. ~wd wil6out re(~rcact te the ~deqwc~ ~t :wd~y~..cr of the v~lue .t ~be o.opsny her~br m.np~ed. ~r the ~elvewcr ~r iwwl~.ncp of ~I~e MnrtRaRon or ~nr ether ~n~ drfe~d~et 1~ ~u~b suh. TAr M~rtpRor eers0~ ~~cci6u11~ r~1fe~ Uu ri~tht ~e ~bj~et t~ ~he ~~iaunent ~f • receiver ~f~?ew~d ~wd ,eree~ eaorewl~ hmeeu tb~t ~~cM ~P~intaew~ ~11 br ~M/It N M •~~I~~d eqtiit~ ~ ~•~w~tter of ~bwl~te ri~A1 1~ 1be MKtp~et ~ed tiH ~he ume n~y be dene v~tM~l w~~itt t~ tht M~etppr. If 1 If I~redo~ure procredin~s ~h~uld be iwai~uted •piast t6ep~ ~pe?~. e~rered br t1i~ sNnp~e n*on ~a~ ~~her liew e~ cl~~m ..bctl~e~ dle~ed t~ Ae ~~peri~r or j~aiet t~ ~he I~en t6i~ w~~etpie, tt~e M~i~R~Ree nur u hi~ ~puen i~nmed~~ulr apn ~m~i~uuew ~t ~u~h ~~it ~r d~trin~ the Ocndtnc~ theres! dctl~re tLi~ ~ktp~e awd t~t ind~LttdweN .K.«a e~.~er a.K .wd o.~.ek (•nA.~~h •w0 w~~~ ~b ~~~i~w Prer~cd t~ /~rrrl~~e ~hi~ m~r1R~~e. t~l T1w~ t6e M~nppr .?il) keep ol red ~wd oen~w~l prepr~ n~w ~r her~d~~r cnera~b~red h~ ~At li~n ol ~h~~ m~?tpR~ ~w~~-~d r rnar be ~equ~~cd I~ora lime t~ I~u~e br ~6e N.np~ee .yun.~ 1~N b~ bre. wind~tonu ~nd otht• Ms~rAs. ~~~u~l~~t~ and taAt~nR~AC~i~ f~~ ~rch pcri~ u~ /p n« ler tMw ~~~b ~w~wsy r~w.y Rw~•ed 6r ~h~ Mor~•~ee .~.d ar v•w~pdr ~r6tn dv~ ~11 pr~m~u~n• l~r ~~h inwr~wre. The Nn~~nu ~t insursscc rearina h ~Ls M«t~tsltss ~MII IAt O~IA~MYIA ~~A~YAI~ ~~f MIIICI~ M~d ~n.ur~n~~ ~b~ll be •ri~~ew ~wa i~ ~6d1 be incwnbem ~p~w tlm llKtppr s~ieuin ~wb •ddiu.wsl imnr~n~e y wN~ be wecewr~ to w+en •n.1 ~on~pl~ /~U~ r~~h dl t~iwnnwct teori?anewu toNS"s+~ed ~n wd alicir a ti~e end tia~ tAe M~a M~nppr i~ ne~ • ea~nwror ~A•.•~nd.. i I/rY/~Mt ~It re ~.r~t~ss b7 ~ c~~npan~ ~r c~mpwiM •~pr~~~ ~r des~Rw~ad b~ tAe M~npR~e •nd dlP^ 1~~~ ~nd ren~.~l• A+~r~o( . ~ll be ?eld s~ ~e M•np~ee. All dcailed ~sips~i.wr `j tLe M~rtppt ~I~~~h ~te ~ctc~ed br ~h~ M•~t~~et ~wd •U •pe~nKnu ; ktwrKU MKtp~ w~ M~etp:ee ?elNinR I~ ~~tpK~. N~? !=is1~nR K AeteJ~tr o~~de. ~6~ 1 br ~n vn1~wR ~nd ~11 br • p~~~ of J~~• u~~p~e ~penwest N(Y11~ r ~M~~ ~el /~efl~ rt?b~tiw hereiw ~nA ~11 R~~~rw beth Mnie• IKret• ~wd ~6e~r ~~ewra •nJ •u~Rn~ . N~ liew ~~w ~w1 ~iiap~ licie~ ~f ~m~~a~ce ~r ~yM ~~1 ~etowa ~r ~nurw prem~un~ ..h~.A ew~~ b~ o~~able tL~ ~~w«Il.~~on •r ~enw~w~li~w tbe~ed. ~U 6e Ri~e~ t~ N`et tlw J~ M~et~a~ee. es~ept ~p~~ ~nd~t~enanl d6s~A 1~ ~~t6 ~l~ry ~wA ~p~o~~d L~ M~npre. E~c~ Mliq. d iwwr~wct ~MII bas~ diteA tLe~~ • ~und~rd N`~ Y~rL M~rtpRt~ (:I~w? ~.hl~~v~ C~etr.e~u~n, md~nR •11 I~ Iw~e~ ~wae~ ~nch rlit>r >•ble a ~re M.rtp~e. n Me iwteer~t n~~~ ~~pt~?. Iw ~M e~~M ~w~ ww~ ~r ~uau d~n~nry Mr~n.r ~ Nf~~k ~nrwJe~ ~be M~ApRet NWI M~~e 1`t q1~M 1~ /K~irt ~wa •Ppl~ ~M wme ~w ~~~~rnt ~f ~M ~ndeM~dwew hetr6~ NfY~~~I. # K 1• Otnnit 1be M~etp~M 1~ ~ecci~t ~ We ii. N~ M~ ~~twrt ~Aere~~ •ur~n~ ~r ~sp~~r.~~ ~w~ ~~~q. l~~w1 ~r n~M . rw4r a~ 1f ~in~s d liuw w~~rtp~t. Iw ~re~N d Iw ~r ~~ai?~1 d~wwRr a~t w~~nsaR~a'~~n~ tlw Mot~~~~N ~iwll pN ~wuw~- + ~i~w w~lia+~ 11~e+1 b wwl ~~e M~np~ee M.nppe wwy w~a~e ~N( d Iw ~t dK ~e w ~w iw.M, ~«aWl~ ~M ' . . a~K169 ~~E2918