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HomeMy WebLinkAbout1733 . . PRQVIUED, ALIVAYSr tbat i! ~6e Mona.aor ~ha1! par un~n ~he MortRaRee ~he iod~hteJneN «vidrnetd br a O°ti+~ P~~n vote o( w4ich the iollor+in~ is v?o?d~ and figv~e~ i~ ~ true copr tawit: I~'~a?~190qs NO~. s~~~•~ Miami, Florida Februar. lA 19 I$ FOR ~'4I.UE RECEIVED We ~~a~ ntlv nd w*gtel 1T_ promiucopay tu the ~rder oi w ~ • N~ che principal sum o[ 1~;' i~ogei~ier with intereq ~here~+~ (rom clate at the rate of ten percent. per annum uncil mawrity, both principal and inceresc beinapa yable in IaM[ul mone~ of tlu United Stata at 203 Roper Building, Miami. Florida, or ac such othe~ pl~ce as the holden he~eoE may ~ dcsignaee in writing. Principal and incerest payable in installmenu as fotlows: Forty-Five ($45.00) Dollars per month, beginning oa the 15th da,y o! ` April, 1y6~, and aontinuin~ on the 15th da~y of euch and e~ery month thereafter until paid in tull. ~ '!'l~i+ note may he ~~rep~id in ~~hole or in ~~rt atter one ve:u ir~~~n thr d:~te here„f u~~,n ~~ayme~t ot a~xnalty ryuivalent to two ~xrcent ut thr principal sum prepaid. ka~h installmenc payment shall be credited tirst on the intemt due, and thc remainder un principal; and interest shall [her~upon cease upon the principal w crtdited. The maken and endonen of thit note further agree to waive dtmand, notice ot non-paymenc and protat, and in che event suit shall be brought for the collation hertof. or the same hu to be collected upon demand oE an attorney. ~o pay reasonable attorne~r's Eea for making such cotlection. D~ferred payments hereunder shall bsu interat at the nte ot ten perccnc. per annum [rom maturitr uncit paid. This note is stcured by a mortgage of evea date herewi and is to be consirued an~ enforced according to the laws of ~he Stace oE Florida; upon default in the pzyment of prina~I and/or interest when dut. the whole sum of prinapal i:+nci interat temaining unpaid sha11. at the option of tht holders. become immediately due and payablt. ~ Yi 17 i~ Y~1]c~r Gri.lzriu~ (SEAL) ~ A''eDS?ed bY Sf~rt'~v H. Solels?. Afteeney ~ 2240 BLSCayne Soui:~-r^. •L:~mi. F~o~~aa 33~~ ~ Joyce Arlene Gwinanp ~SE~,~ I •nd ~h~ll pe~form, complr wit6 aod abide br ~.~h and evvy the ~tipul~tions~ aRre~emrata, coadition~ and coveaant~ of said promis~orv not~ and of thia dred. then thi~ dred and the eatate ther~br creat.d ~hall cea~e •nd be null aod void. l. The Mort~a6or 6ereby covenonts and •6ree~: (~1 To p~r ~11 snd anRul~r IAt pri~tip~l •nd ~nte~~a! ~nd ~t}~~r sum~ et m•n~r w~dle by sirfut o/ rid pr~m~w~ry e~~e •nJ ~6~• deeJ, ~r eiller. pro~ptl~ on ~he d•r. re~pecl~vcl~ the ~e ~e~~rall~ beceme~ due. Ib1 Te pernut, e~mmit er ~uQet n~ ~.~~~e •ad to mrint~iw 1be imprev~menu •t dl limp iw • q~tt o( ~ood repair ~ed coodu~~n; •nd to do or pennq lo be done to ~a~d Premun no~hioR du~ r~ll dter o? ehsn~e th~ u~t ~nd ~haratte• of aa~d propert~ ~r ~n ~ny v~y impnr or ..~~k~n ~hc ~e~un~r of tli~• mort~tsRe. And in c~~e of Ihe ?efua~i, oeRle~~ ot in~bilitr tbe Monp~tor rep~~r •ad a~~.~u~• u~d proPetir~ the MorlpR~e ~~r, u bu op~ion, e~~ke ~~cb tep~i~~ o~ c~us~ 1h~ ~a~ne t~ be n~de. ~wd ~seee mone~~ iw eh~t be6~1(. Icl T~ p~r ~U ~nd anRul~r ~At u:n. u~crmen4. tev~e~. ii~bil~~~~~. •nd obliptioes ot tv~r~ aurn .e ..id de~e.;sed pr•peny n~h ' anJ e~er~ wbcn due •nd p•y.1~I~ ~teord~nR ~o I~r, before t~ey becom~ delinquent~ and to delive~ t~ tLt Mottp~ee ~a ~r brf~re M~r~A 15tb o( t~~h ~e~r i~i re~e~pu ~videntinR ~he payment ot ~ll la~rfulir ~mpe~td l~~b ~O~ llft PtKld?AS t~Itll~f fe~r; t~ indtmn~f~ 1hr MonpR~c upon Ai~ dcm~~d !or t~:~~, ~~a~~m?nu anJ e~rsa 1ha~ m~r be ~~~tred upen thiu s~rtp~e on Ihe ~ndebtedwer ~ecurtd hcrebr, ~nd ~iJ b~ t1~e mortpR~~, ..~~hout nprd ~o •n~ 1~.+ berr~efore en~ned or hrr~d~~r ~e be eticted ~~r~a~~~ ~rnew~ ~be rkole ~t an~ p~rl thtreo( upon ~h~ Mor~R~Ree. (d) To p~~ •11 ~nd ~~nRuLr the cmu, ~6~rRes ~nd esp~r?K~, iodud~n~ I~r~en (tta ~nd ~e~tn~t ewu te~sen~blr ~neurred or p~~d •t ~n~ time b~ ~he MortR~R~c ece~usr of th~ f~~lu~e on ~he p~rt ot ~he NonpRor 1e pevior~n. t~pl~ .ri~ ~od ~b~de b~ e.e6 •nd e~t~r the ~tipul~t~on~. •~reement~. eo~d~l~on~ •nA eoven~nu of qid promu~ory n~t~ ~nd this reed~ ~r tilber, ~wd erer~ wc? p~neenl sL~l1 i bua ietueat Jroin d~~e the r~~• of ~rn prr cemum per •nnwn It) II i• furthcr co~te~nt~d ~nd .~.~ed br s.~d p.nic. t6~t io t}~e event o( ~ cu~t beia~ inpiluted /ort~lo~e tAi~ monM~t, t6c `1~rt. i p~ee ~tull be enl~tbd to ~pplr ~t ~e~ ume prndi~i~ ~ucb f~reclwun wit ~e tAe torrt hsno~ jun~dicd~n e~toeef for 1be spp~~olment i d~ retei~er o( al! and ain{ulu tbe mortp~ed propen~. and dl rrna. incMar. pro6u. iwua •wd rerenuar ~bere~[. fras rdyKVer - ~eurte derivtd; •nd thcreupon i~ i~ hereb~ espreuly e~vensn~ed •nd •Rercd t6~t t6e Ceurt ~irll tonhvith ~ppoiqt ~uch rettiver .~ith the wwt po~ren ~nd du~~e~ ef rrr~iv~rs in lik~ ~aaer: ~ed a~id ~ppeintment ~h~ll be m~de b7r tl~e court ~s ~ s~a~er ~f ~ttiet ri~ht to li~e MertR,rRee. ~nd r~tbout rc(~rencc to lhe •dequ~cr o~ iu.d~Qvacr o( the v~lue of the proptrty herebr n~ortR~~td, or t• the ~~I•ency ~ inwlv.,eer ef t~e MnrtR~Ror• or •ny ether p~rt~ d~lendaot to wth suq. Tht NortpRor berebr .pe~;6ullr r~~~e~ I~e n~bs w ~bjett ~s ~he ~ay~im~nen~ of ~ ~etti~~er •fore~~~d ~nd 6e~eAr aprewlr ~ensenu th~t ~~eA ~ppointment ~A~II br made ~n •dm~u~d eqait~ ~nd m~tter o( ~b~olu~e ri~h~ ~s ~6e M~nN~ee ~~d th~~ th~ Nme may be done wrHh~~~ n~tiee t~ ~At Msnp~~r. 111 if f~reelo~urt proc~ed~np ~hould be imtitutcd api~t 1bepr ~pen. co~ered br ~ba men~.ie ~pon .nr N~1!/ JltA 0/ tJa~Ip M~IIlf? ' ~lleied !+e superior or ~yn~or lo tht I~en ot thu m~n~se. tbe MenR~Ree m~r n hi~ opuon ~mmed~~telr upon ~nai~~u~ew ~u~A ~uit or du~inR tht pendener thtreol de~l~re this io~tlp~t ~nd tbr ind~Lledntw ~ecu~ed btr~br dut •~d o.r.ble f~nh~~th •nd m~y ~b ~Ptien Pre~~ed w/on~l~~e th~~ mortpRe. (~1 Tltst tbe Morepi~t vill keep ~11 red ~nd ~erww~l propeNr no~+ or her~d~er encumbrr~d A~ ~he (i~n of ~hu n?envR~ ~nw?ed r mq be ~equ~rtJ /rom ~ime to u~ne br ~he Monp~ee •p~na I~N b7 6re. winduorn~ •nd other h~a~~ds. ~~~~ul~~~~ •nd ~onunRen~~•~ (er •ueF~ penodi ~nd for nw IeM Il~~n ~u~h •monnu o~na~ be eeauirtd br ~bt Morta~~tee ~nd ~o par prumptlr rhen d~~ •11 pr~~~~um• f~r •urh inwraa~t. The ~~noun~• of uuur~ntt ~eaui~~d tbs ~1~r1~sRet ~hdl be Ihr minnnun~ ~mounl• fe~ wrl~~~h ~a~d ~n.ur~n~• ah~ll be ~rriuen ~nd i~ abdl be ineumbent up~n ~Le M~rt~pt m~~euin su~h •ddinuad ~mur~ett u ms~ bt necetNrr to me~t •nd .on.pi~ /nll~ v~tA ~N csin~u?anee ?equvtn~enl~ eoata~ned ~n ~aid pelicie~ to tl~e end lhat ~he ~a~d M~rt~u~or i~ ne~ • ro-~n~uro~ ~A~r.und~r ln~ut~nce ~h~lt be ~rnt~en b) • te~np~n~ c~mP~nie~ ~ppr~~~d ~r der~Reu~ed br tl~e M~r~p~~e ~~d all pol~~~N ~nd ren~.~I~ thri~of s6~11 be held b~ tl~t Mortp~ce. All dea~led de.i~n~~iew~ b~ dir Merti~~~r .h~~h •rc ~ec~p~ed br th~ M~ny~et •nd •U •p~~n~~nu bet~r~en MeAp~o~ ~oa Mevtp=ee rel~~in~ in~~?~we~, e~r aei~t~n~ hcr~~tter m~de, ~6d1 be ~n ~rnunR ~nd ~6d1 br • p~r~ ot tl+~• ~n~rtp~e •pcs~nent w~ull~ Y IINYSII ~rt (~rth ~erb~~im I~erein ~nd ~hsil Re~ere bo~A p.n,~, hare~~ and tbar ~v~~e~wr~ •nJ •~~,Rn~ N~ Iiee ~n~ d iaid p~liciw ef ~mun~ce ~r upew ~s~ retund er r~turn prem~um rh~~A m~y b~ p~~~bte oo ~b~ ~aer~ll.~~on or Itff11~M1iM Ihert~f. sAdl be ~i~en 1~ ~Iber Ih~w 1~~ Monp~ee, e.eept br~ Pr~pr~ ~mlonem~n~ •l6a~A ~utb pel~~~ •na spProv.d b~ M•n~.~ee. E.~i ~.iie~ 0/ iwwr~nce ~hdl hase •16=ed Ibe~et~ • Sundard Ni. YarA M~ns~~tt~ l:l~uw ~.i~bevt C~~~nbut~~n, m~~~n~ ! •II IsM ~r Iwer ~waer ~uch ~li~~ ~a~~bk t6e MeAp~te u 11~ intertM m~~ ~Ppeu. In 1A~ ~v~M •ny ~YOI ~f WM~ OI ~AOMy M~omr M1~~k tbe~eanAer d+e M~AR~R~e dull h••e Ibe ~Pl~ow 1~ ?cteivt ~~d •ppl~ ~A~ umt sn ~~~ounr ~f ~A~ ~nd~M•dwe.s he~~?r ~~~ur~.l, N 1~ Pt/M~f fllt MMM~N 1~ ~tceire •nA we i~. ~r •sr Mrt Uw~~f~ ~.i?S~u~ ~hereb~ «~~~~n~ •r ~mp~i~~nR ~s~ ~~unr. I~~w~ •r r~~h~ ~~det awA ~ir~re Il~w is~rtp~e. Iw ~~~w1 d Iw o~rlr~l d~n~~~~ tht mwnt~Rtd Pr~Mr~~ tiw M~r~1t~~to~ ~1~~11 K~v~ ~w.m.• jiW w~tiu Ilwee~I ~il ~be M~rtpµ~t ~e1 tM Manppe w+~r maie ~?~d d 1~ d ~IN wnK u~N iw~d. yr~n.p~l~ 1.~ • r BO~K1 /O PACE1~ ' ~ _ _ ,z_, - ~ . y,, ~~~~a ' ~ ~ _