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HomeMy WebLinkAbout1739 1 . _ , ~ ~ ~ PRAVIUF.II~ ALWAYSr t6~t i~ tbe Morta~so~ ~h~ll par u~to the MortRaRr+e Ihe iod~hteJneN r.Y1fICDttII by • P~~n ~te ot ~r1~ic1~ the loll~~rias io wada and figuna ia a Irue copr tawit: /~'~dN~~s ~Ot1 ~ s 2•~ ~ Miami. Florida F~br~er~? 1Q t9 ~ ~ FOR ~'4I.UE RECEIVED Wf t.~OlIItl~ Hnd N~ertl~ u~ ~he ~rder al j~j promise to pay ihe principal sum oE_'.~M~o Thoueand 5~~e~~-~!'~ Tt/~D*i~~ Y~DO A , toget er with interat ~he~cun (rom <late at the nte oE ten percen~. per annum until ma~urit~, both principal and interest bein6 payable in IaMEuI money ot tlu Uqited States at 243 Roper Building. Miami. Florida, or ac such ocher place as the holden hereof may s daignate i~ wricing. Principal and interest payable in installments as follows; :~v~nty-Fih (S?5.00) Dollar~ p~r 'oath~ b~giaaing on tiht 15th dey ot ~tpril ~ 1968~ ~nd aontiauing on ~D~ 15tih d~r ot •aoh and ~~ery aoath ~ th~reafter wntil peid ia full. ~ ' ~1'l~i~ note ~nay be prep~id in ~~~I?ole or in ~~:ut alter one ~r:u I~um thr date hereo( u~H?n ~~ayment ot a penalty CI~UIYAIlIII [O lN0 ~xrcent ul thr ptincipal sum pre~~id. ~a~h installmenc payment shall be credited first on the interest due. and the remainder un principal; and interat shall chereupon cease upon the principal so credieed. The maken and endoners oE thu note further agrte to waive demand, notic~ oi non-payraent and protest, and in ~he event suit shall be brought for the collectiote hereof. or the same bu to be collected upon de~nand oE an attorney. f io pay re~sonable utome~r's tea for making ~ch collection. E Deferred paymenu hereunder shall bear intetest at the nte of ten percenc. per annum trom maturity until paid. This note is secured by a mortgage of even date herewi and is to be construed an3 enEorced according to the iaws - ; o[ the Sact oE Florida; upon dtfault in the payment of prinn~at and/or interest when dut. the whole sum of principal ~ ~:+nei incerest remaining unpaid shatl. at the option oE the holden. become immediately due and payable. ; ` YQrsar Gil 1 ~ a (SEAL) ) PMCa'ed nV c•'^~nv N. 5ri=le;. ANOrnEY ~ 2Z4O BISf3yZ2 QOUIe1_I t.i~a:r.i. ~for.da 33137 Beuiioe aT~ll~~ ~S~L~ and ~hall perform, complr with and abide by e~eh and evesy the aipuluioo~ aRreemrnta, condition~ aad coveaant~ o[ ~ ~aid promi~r~• not~ and of t6i~ de~ed, then thi~ dred •nd the e~ute therebr erNt.d •h~ll cee~e •nd be dull •od woid. i 1. The MoM~a6or 6ereby covenaot~ and ~6rees: /~1 T~ ~y ~11 ~nd nnR~l~r d+c p?i~eipd ~ad ieterc~t ~nd ~tl~~r ~rm~ ef m~ner p~~~ble by ~inue of ~id Pr~miwory n~te •nJ ~A.~ deeJ, ~t eiJ~e~. P?o~ep~l> on tb~ dq~ re~prch~cl~ 1be us~e ~e~aallr bct~mes due. Ibl To pe~wn~1, e~mnut ~r ~uQer n~ ~.~ae ~wd ~o ~n~int~ia tbe ~mprev.me~u ~t ~11 Iime~ iw • st~~e ~t ~ood rep~ir ~~d tond~~~~s; ~nd te de or prRn~t to be done te Mid prem~~es no~hinR th~t ~rill ~lter ~r ch~n~,e 1Ju we ~nd ~lur~~ter of w~d prooenf .r ~n •n~ ~mp~~r or wt~4ew ~he ~e~un~~ ef ~hi~ m~rt~tsRt. And in u~e o( thr ~efusd, oeRle~~ or m~0ili~~ •t ~he Menp~or rep.~. •ed m.uu,. u~d prepe~t~. tAe MortpRee ~t 6u ~p~i~n. w~ke srcb rep~ir~ e~ uuK th~ M?ne t~ be wade. ~wd ~~wee m~wt~~ in tdat be6df. It) p.r ~11 ~wd ~~nRul~r Ihe uze~. weMm~w~. le~ia. lisbili~ier. ~ad obli~.uoas .t e.~~r~ ..t~tre N Mid aesc~ised Pr~pcnr u~h ~nJ t~t~~ ~.hew d~e ~nd psr~l,l~ ~r~ordie~ to lar~ bt/ere tber beeen~ Jelinqutwt, ~nd to ,dcliver t~ the Morip~ee en ~r ~/erc M~tch IS[b ot e~eh ~e~r t~s n~apu evidrncinR the p~~~neet o1 all la~rfull~ nope.cd u:e. fe• ~he preoedioi edewd.. re..; a indc~„s~y ~h~ MeetpRee up~w I~is dem~nd for ~11 t~t~~, ~~sc~m~nts ~nJ e6~r~s thu en~r be s~ae~.ed upsn tbi~ s~rfpje in tAt indeMSdoev ~c~cured Iserebr. ~nd y~id b~ ~t monpRK. ~+iihout reprd ~o •n~ I~vr 6eeN~fere ena~ted er her~~ft~~ 1~ be emtted ~o~~~~ ~~wntw~ ~f tAe vAole ~r ~n~ p~n ~he~eo( upoe the Mortp~ee. Idl Te pq ~11 ~nd •~nRul~r the ewu, ~h~r~e~ ~nd espeiwe~. isdud~nR I~rrtes' fea~~nd ab~~r~tt ce~t~ teawnablr incurred •r paid » ~w~ tiw~e b~ tbe MonpR~e Sec~uN ot ~l?t f~~lure on ~he p~et ~f ~he N~rtp~~r Ie peti~rm. ewpl~ ri~ •od ~b~de b~ e.ch •nd e~ery tAe Nipul~l~oer, •~rccmeau, cond~~~on~ •nd ~oree~nu o! wid pt~rwiwer7 no~e ~ad tbu aeed, ~r eilLer. ~ed every ~uc? a~wewt ~6~It bear ietenat fr~+n due at the r~u o? ~~n pet t~nlum per ~nnu+n ! !e) It i~ tnn!?er teremm~d ~nd ~~reed by wid p~r+in t6n is ~}~e ev~m ~f • tY11 blIDR ~AN~WIId 1~ ~OfftlMt {bl~ WOI'l~st. tbe 11Ht- p~te ~hal) be cet~tl~d to ~PPI~ •t ~a~ lirnt prndiu~ ~och /~rotlw~ro ~ai! tlre ce~ut h~vu~ jw»dicti~w eiereef for ~be ~pain~ment i ~ reteirer ef ~11 ~nd ~inRttl~r 1be mertpzed p?ope?~r. sod ~t d) rcM~. ieeo~es. p?~6tti ivue~ ~wd ?svenue~ tbertrl. fro~s w~tMC~er i ~e~ree deri~ed; ~nd thereupon it i• hereb~ eaprealr e~~en~a~ed •nd •Rreed th~t tbt Gurt d~sll f~e~hvi~h ~ypoint ~nch reeeive~ .ith ' 1i~e wu~l powen •wd duue~ nf nrrivn~ in ii4e eyd; •nd ~id spp~in~rncwt ~1) be m~at br tht touat a~ s au4e~ Nrict ri~b~ ~o i ~hs M~?t~~ce. snd MIII10Yl rcf~rcnce to thc adeQwti ~r ioadeauac~ of ~he v.lue ot ~he prope~~~ hereer mortR~~ed, er t• tl~e ~el~ency •r iawl~..ncr •f ~he Mnr~R~Rors or •nr ether p~rtr drfend~n~ to ~ueh su~t. Th~ titonpRor bereb~ spnifiutlr w~~ve~ tl~t nRA~ to ' ~6j~et N fht ~~iatmeol ol ~ rtetiver ~(orew~d ~nd bertb~ aipre~slr ~en~enq th~t ~~cl~ sp~intment ah~ll be ~n~dt ~n •d~n~ued j to~it~ ~ r• m~urr of ~bwlute riRl?~ ~he M~np~ee .nd ~La~ ~he ame mq bt done w~~~~ n~tit~ t~ ~ht M~nppr. 1/1 11 f~reclo~ure proc~edin~t ~hould bc in~tituted ~pirt t6e pr~pen~ covered br tbiu a~~np~e yon ~nr o~bt~ fiew e~ cl~un vhetl~~r ' dle~ed t• Ae saperi~r o~ j~n+or te 1Ae I~en oI tbu ni~rty~iq ~be MenR~Ree m~r u hi~ oDuon ~~nmed~.~dr uPon ~nai~u~~en ~f wrA ~~it et d~?in~ ~he oeedentr ~bereof de~l~te ti~is s~rlp~e ~wd 1it ind~btednew .rcu.ed brreby due snd o.~.ble f~nAv~~h •wd rn~r 11~ ~PII~A P/~fKd t0 ~OI~r(~~[ thN ~II~f1F~~!- (~1 Th~t tbe Menppt .?iil ktep ~l) re~! ~~Id ~/CINAaI PfOpt111 asr ~r b~rrd~er l1~tYl~lbfftd I1~ tAf Ilrq of ~Au m~rtp~~ ~m~red r mar bs ?equutJ f~om lime 1o u~ne br ~he Moetp~ee ~p~n~t I~w b~ 6re. wind~torru •nd otb~r h~s~rAt, enn~l~~e~ •ed ronUnRenn•~ f~r ~rcl~ Otriodr ~wd (~r nol Iw tb~n ~ath ~n~euwu y m~~ be eeauired br ~be MonpR~c .nd ~o p.~ p.~mpdr rben dY~ ~II pl~RilYRI• !~r ~rrh inwr~wrt. Tht ~w~eunq d in~ur~a~e reqdired b~ ILe 11w't~SRee ~A~ll br the minnnrm ~~nounu (~r ah,~h ~a~d imur~n~• ~h~ll I.e •rinen ~nd i1 rb~11 be iecwe~benl r~w J~e M~t~pr Miouiw ~u~b ~ddi~~un~l im~r~nte u m~~ bt ntcew~~ ~o w?er~ •n~l ~ on~piT fofl~ r~~h ~lf coin~rnwct rta~ertw?ent~ toN~iwed in rid Mlicir ~he end th~~ 1he M~d M~nps~r i• ne~ ~ ~o•~nwror ~A.r.u~,d~r Iniur~wce ~Aalf be a~Rtew br • temp~n~ cNn~nis~ •~pt•..d •r d.~.~Ra.ad br 1K•~s•s~~ •~d .11 pel~~~e~ ~nd ren~.~l• ih~r~of a6a11 be `eld b~ tl~e Mertp~ee. All deuiled de~ipw~iw 6j Ihe M~rtppr ~l~ich ~r~ att~vted br ~ht Miniaie~ •nd •U •W~~n~~ou ~ttw~ea MMp~or ~ M~np=ee rd~tinR 1~ %/1~Yfewl~ N~ eaisanR K hered~er m~de, ~b~l) Se ~n wnt~eE ~nd ~6~11 be ~ p~r~ of tl~~• 1n~f~Nas ~ptbntM M~YIIr Y IINY[~1 KI I~AI~ K?~11A AtKlrl M/I dull R~~ern betb anie• h~rN• ~nd ~6e~r s~e~aw~• •nd aN~~n~ N~ liew rMw •n~ d~~idp+ licier ~~u?~~tt opsw ~q refund nturn prem~um vi~~~A m~r br p~~~bla es tb~ •~n~tN.~~on •r ltff11~M1iM tI1tK~I. ~11 be Ri~ts 1~ •~Ler U~.w ~i. MenR.sce, e¦~epl dT p~~pr~ •n.lor~e~n~m •l~is~d wtb p~l~~~ an~ sppro~~d b~ M~nppt. Fwc~ Mliq ~t iwwr~uce ~11 i~e ~:ed tl~era~ •~and~~d Ni.. Yerk M•.i~sRe. l:lw~r ~.i~b~u~ G~~r~b~u~n, m~trn~ ~JI !a» !~n ~wder ~uch Mli~~~~~ble t• ~be MoAp~n w N~ iwtrr~ n~~~ ~Ppe~r. iw ~M ~••~t •n~ ~um ~r ~unu of ~noMy M.om~ N~~?le ~ersrwdet ~be M~rlp~ts 11 A~~e t~e ~pt~~w rse~irt ~nd ~pplr ~IK ~ane ~n ~~~o~m ~h~ ind~bt~dec.. her~by sr~ur..i, M t• Otfrlll~ IIK MMp~N f~ ncti~e ~w1 we it. ~w~ Met 11w~~f, vi~?su1 ~l~ereb~ w~~v~n~ •r ~mp~u~w~ •w~ equ~lr. (~re~ •r r~~tAt rwder u~ ~iA~e ti~i~ w~~p~e. Iw •rewl d Iw ~~+ird d~m~R~ iw~ns~~~a orh?~t~ dn~ M•rit~Ror ~h~ll p~~ ~wun.• i ~i~N ~{a Ii~eed ~il t~ ti~e M~M~ee MJ /M MNiMRK wN~ mske pr~~( ~l 1«s J tlw~ MnK i~ ~ in.d~ or~mptl~ A~ ~k • ~ ~ ' a°ooK~~ P~c~~7r g . _ ~4 ~ z ' s ~ ~k,.~ "f~+' ~a - c~:. : ~