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HomeMy WebLinkAbout1736 . f S 7 ~ PRQVIUEIa, ALWAYSr tha~ i~ tbe Mortaaaor ~hal! p~r unt~ the Mort~a~ne the ind~hteJnew r.vidtneed br a O°~~ P*'~~7 oate o~ wWc6 ths follo~?ins ia word~ ~nd t~sure~ i~ • true topy tawit: ' ~1o~~lqoqs Not. : i~~~ - Miami. Florida p~b~t~ 10 l9~_ Folt ~~4I.UE RECEIVED _ W~. ~oint~~ aad ~~~era1L• promisecopay ~ tu the order oi_ MOS i' T a FF ~d J~ i~ Jp, t~~F ~ i E3 w r ~ the principal sum o U• ~ ~Ili~1~ n ~IId ARS, together with interpt 1 ihercu~~ (rom clacr at the ratt ot cea percent. per annum un~it maturity, both principal and interat beingpa yable in L la~.tul mone~ ~t tl~e U~ited Stata at 2t1S Roper Building. Miami. Florida, or at such other place as tht holden F~ereoE may ~Icsignace in writing. Ptincipal and i~terest payable in installments as follows: i 1 Fort~ (g40.00~ Dollars per month, be~inaing oa tbs 15th da~ o! April, 1968t r~ad oontiauiag on the 15th day of e~ah and •~ery aonth thfr~atter wntil paid in tu11. ~ '1'hi, nute ~uay be ~uep~id in ~vhole or in E,art :+lter one ~~~:~r t~u~n ~hc d:~te hereuf u~H,n pa~~~nent ot a~xnaity ryuivaleut to twu ~~ercent ut thr pritici~l sun~ prepaid. ~ r.a~h installment payment shall be creditcd tint on the intercst due, and che remainder on principal; and interat shall ther~upon cease upon the principai so cteditcd. The maken and endorun of this note further agree to waive demand, notice oE non-paymenc and procesc. and ; in che event ~uit shall bt brought for the collation hercoE. or the same hu to be collected upon demand of an attorney, io p~y reasoaable attorney's tca for making ~ch collection. ; F D~[erred payments hereunder shall bear intetest zt the nte oE ten pcrcent. per annum from maturity until paid. ' This note is securcd by a mortgage of even date herewit~and is to be construcd an~ en[orced according to the laws of che Scate oE Florida; upon default in the paymmt of princ~pal and/or interest when due, the whole.sum of principal I:~ml i~cerat rtmaining unpaid shali. at the option of the holdets. become immediately due and payable. ~ Rebert T. nt~ ~5~,~ ~Partyi Ay ~t~n!ev H, g er. Alter}~~• 2<~S~ 8~- n~ CIBI j xerne tA;.,r ;l. Ffnridi 33~.r ~~t++ti'IQ 7 A11 _~i _ ~SZ'~.~ f sed ~hall pe~form, con~plr rvit6 aod abide by eseh and every the ~tipui~tion~. aRn~emrot~, coadition~ and coveaaal~ of ~aid promiuorv note and of thia dKd. thea this d~ ~nd the e~tate thereby treat.d sh~11 cea~e ~nd be oull aod void. 1. The Mo~tRa6or 6e~ebr coven~au and •gree~: (~1 Te ~r ~11 ~nd •~eRUl~r the p~i~eip~l •nd ietere~t ~nd ~ths sums el m~ner oa~ablt bf s.rtue ot p?~rniw~ry nvte ~nJ ~h~~ dted, ~r either. P~omp~l~ on thc d•r• re~prt~~vel~ 1he ~ame ~e~rr~llr b~cemes due. Ibl To psrn~N, e~mm~t er ~uQer no ~~ne •ed to mrinuin the ~mp~ov~menu •t dl tim~s iw • u~te ~ood r~pair sed coed~~~~n; •nd Ie do or perm~~ ~v bt done ~o M~d prem~~n no~h~aR tMt w~fl ~lter or ~han~e th~ YK ~nd ~h~nt~tr o( N+d proPen~ ~r in ~e~ ri~ ~rnp~ir or re~ken the ~eeuntr o( thu mon~Re. And in t~~e o( thr refuwi, ocRle~~ or ~napili~~ of tbe Mort~~?For t~ rep~~? and m~~~u~~ u~d prope~q. ~he Mor~p~~e ~.r. ~t bu epu~n, ~~ke ~ncb rep~in sr cau~~ tb~ w~ne t~ be ~ade. awd ~dou~e mone~~ in thst beh~lf. ~c) T• p.r ~ll ~nd •~nRul~~ 1he ~~:e~. a~~m~nu. (e~~as, Ii~bilit~es, ~nd obliptiNU o( e~er~ w~w~e ~o wid ~k.c?~bea P..anr u~h •nJ erer~ rlxn dre •nd p~y~l~~t ~ecord~n~l ~o I~w, bdere t6er bceon~~ delinQuen~ ~nd ~o .dtlivet 1ht ~'Iottp~ee ~s ~r befort M~rcA IS~h of e~eh ~e~r u= n~e~pt• ~~idencinR ~he p~ymem of all l~~rfulir i~noe~ed a:ea fot ~he Precediai edewd~r ~e~r. 1~ indemn~f~ th~ MenNRee ~p~n h~~ de~n~nd !or ~11 t~~~~, ~sarMm~nla anJ e~~~s ~b~t ~n~y bt ~s~.ed upon lbiu ~~np~e ~n 1he iadeMtdwew ~ecured heresy, ~nd p~id br tl~t mertR~R~~, wr~~hout rep~d ~o ~n~ I~r 6eretsfere eru~~ed o~ Att~~ft~r 1• bt tn~tted i~pwi~~ ~~nnee~ of ~he vhele ~r ~nr p~r~ t6ereof upen ~h~ MortR~Ree. ' (dl To p~~ •It ~nd •inRul~r the cosu, ~h~rRe~ aad e~p~n~eti iedudin~ l~r~eri ~eu ~nd ~b~u~~t eo.~. ?e...~.blr ineurred •r pa~d •w~ 1iw?e b~ 1ht MonR~R~e Sec~u~~ ot the f~~lure on tAe part ef ~he NonR~~or t~ peeform, e~plr vi1L •od ~b~de b~ eaeh •nd e~err tAe stipulat~on~. •`rttmenu, coodn~on~ •nd ~ovee~nu of wid pw~niswry nete ~ad th~~ ~ted~ ~r titb~r. ss~ t~ery ~ut~ wreeM ~L~l1 ' bua i~~ertat fren~ d~~e ~t ~ht r~~r o! t~n per c~n~um per ~nnum Iel II i~ fdrthcr toveeun~ed ~nd ~Rre~d by s~id p~rtie~ t~t ia t}~e eveet ot ~ su~~ beiaR in~~ituted ~o IorKlNe tbi~ monp~e, tbe M~rt• p{ee slull be en~itlyd to ~pplr u~e~ t~me prndiuR ~ueb f~reelwure s~~it to ~he cewt hs~~o~ juri~d~ct~sn eberee! tor t6e ~pp~is~ment ~l ~ reteirer o/ ~1! and ain~ul~r ~be monpRed propcnr. ~ad ~t dl rent~. IO~Ml~ ~~OG{~ IpYd ~Od !trl/1Yl~ Idtfl~I, (ras v6~we~er i ~ouree deri.td; ~nd ~hereupon it i~ hereb7r ezprewlf e~~e~uoted •nd .Rreed ~h.~ ~e C.uti .A.It tor~h..;~h .ypo~e~ w~h .eee~.« ~it6 1he wusl pover~ ~ed duue~ ~I rrr~i~~n in lik~ c~sts; snd vid app~inlrnenl ~ll be m~de b7 Iht teutt ~ m~net atict ti~bt to Iht M~r1~Ree. ~ed MIlI10YI ref~rence to the ~deQuac~ ~r io~dequ~cr of 1be v~lut of ~he p~optrty herebr mortR~~ed. ~o J~ ~olvency ~ ~r i~wlw.ner ef the MnrtR~Ror• or •ny o~h~• p~rtr dt/end~m w~u~h suu. Th~ N~rtpRor ee.~br ~pteifiullr rs~vu Ibt nRA~ ~o ~bjetl t~ t1~t ~Op~int~nent of • ~ecti~-er rs •lore~~~d ~nd 6ereb~ aprewlr ~M~enq th~t ~etA ~ppoinlmenl ah~ll b~ m~dt sn ~d~u~~d eauil~ ~nd m~tter of ~bwlute ri~?1 tbe Meetp~ee ~nd 11yt ~hc ume m~r b~ done ~n~~~1 woti~t t~ 1Ae M~np~~r. (/1 If f~te~lo~ure proc~ed~np ~hould be institu~cd •Vi~t tbe pr~pen. eorered br ~L'u m~rtp~e upon ~o~ etAtr liew or el~un ..hctl~cr ~lle~ed N 1~e wptrio~ or ~~mor to tht Len of thi~ m~np~e. tbe MonR~Ree m~r hi~ opuon immed~~~elr upon ~nui~uuew ef wrh ~ui1 0~ durinR 1he Pendentr thereol de~l~re tLi• m~etp~e •wd t`e ind~L~edneN ~etured IKrebr due ~nd p~~~ble f~~thvuh ~nd ~n~r ~t u~ ~Ptien pr~~~ed te lore~le~e tAi~ n~onR~Rt. l~l Th~t ebe Menppr ~+i)) ketp all ru1 •nd peraesd propert~ new er h+r~dtrr encumbrred h~ ~At li~n ot ~hu n+e?tp~~ ~ew~ed r m~~ be requueJ from ume lo I~me by the Monp~ee ~p~nu I~u br 6re. ~+~nd~~onu •nd otbtr h~~ud~. ~nud~~e~ •nd ~on~~n~en~~~~ I~r ~~ch period~ ~nd (~r nM le~ t6~n a~ch ~~nounu a ey~ bt etQuired br 1b~ Mort~~~et ~nd ~o par A~un~A11r ..6en da~ ~II pr~m~utn• fer •u~h ~n~ur~w~t. The ~meuwt~ of ~n~ur~nct reauirsd b~ tbs ~lortpRec ~hdl bt tbe n~~m~n~in •tno~nu ter vh~~h ~~id ~n.ur~n~• •h~ll lie r?riuce ~nd it ~11 bt incumbenl ~pen d~e M.nR.p~ o.inuio w~h •ddiuund ~n~~r~nc~ u m~~ be nerew~~ ro mt~t •n.l rumpl~ I~Nr ..,~h ~Il iOlyLfaMt llQYI/l1qtD1~ fqOblMd ~n wid pslicie~ ~e ~e end tl?at Iht ~aid MonR~~er i~ eot • ~o•~n~uror ~A~rrw~d~r ln~ur~nce ~halt be anuew b~ ~ compan~ ~r c~m~~w~e~ ~Ppr~~~d ~r d.+~Rn.ud b~ ~h~ M~~~~~•e .nd ~11 pnl~~~e~ ~nd renew~l~ th~r~of • ~6a11 be 6eld b~ t!?e Mortp~ce. All d~u~led desipu~iew~ b~ tbt Mo»s~~~r rb~rA are ~ctep~rd br ~h. M•nj,.aee •nd •U •~~•r~enu 6etw~ Me~tp~w ~oa M~etp=te rel~tinR t~ iti~tswt~. Nw eti~t~nR ~r he~e~her m~de, ~6~11 bt ~n vr~l~~~ ~nd ~6~1) be • art ot tl~~~ ~+~np~e ~peeenem N~YII~ M lI1~YSI1 KI I~NI .erbnim be~ein ~nd duil ~~vern bo~h o.n,•, A~ra• ~nd ~be~~ ~~c~e~so~a •nJ •u~sn• N~ lite ~~n ~n~ d s~id p~liria et ~e~~~~~ee or upe~ ~07 r~fund ~r i~~ure p?em~um w1~~~A m•y b• p~~~bl~ os ~D~ ~a~~~ll.~~on or tenw~wsli~w Ibe?ed. ~11 bc Rirew I~ N`er thaw 1l~ Mortp~te, ea~tP1 br~ vr~pr~ .n~to.aem~e~ dfi~ed .~rb pol~~~ •ed ~ppro.~d br M~np~ee. E~ci Niit~ e( iww~~nce alNl) luttt dGitd thtrel~ ~ J~andrrd Ni. Yo.k M~r~p~e. (:I~uw ..~thou~ Coetr~buu~n, n~~~~~R ~U 1~ Iwe~ ~wdtr ~u~h ~lie~ ~~.ble ~be M~rt~~ N h~ in~ereM m~~ ~Ppt~r. Iw 1M ~~~nt •nf ~~m ~r ~um~ e1 ~non~f M~on~r M1~?Ie ~be~erwler tAe M~ApRee •!I h~~~ 1`e ~Pliow 1• ~tc~ivt •nd ~ppl~ ~At ~mt ~n ~~~o~n~ s( ~A~ ~ndeDt~dnev~ A~r~b~ ~~~ur~d. N h Penwit Il~t M~etV~K 1~ stt~irt ~wd we i1, ~r ~q ~A tlweol. vi~Mw ~Aereb~ w~~v~nR ~r ~mpu~~w~ •w~ eauuy. I~~n~ •r ~~~A~ redtt u~ ~inre d ILi~ w~~tp~pt. Iw ~~ew~ d Iw ~rKd d~n~~R~ ~ht mwh~~~td Pt~M~I~ !!rr M~~t~~~~t ~hal) pv~ ~w~~.• ~iMt wNic~ Ilwee~l ~wii tbe M~r~p~ ~wa tw ~I~r1pR~e ~w~~ m~ie pr~~f d l~a d ~1K wn?r ~N w~~d~ Pr~mp~l~ i~~ ; . _ . ~ ~ ~ooK~.70 ~~17~31 ~ ,~s _ ~ , ;