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HomeMy WebLinkAbout1826 ~ . •~.,4~ . i-'.,~11 PRnVlUFp~. ALq?AYS~ tbat it t1~e Mona.aor ahall par unto the Mort~sRee the ind~hteJoeN avideneeJ br a ~ °~'1i'~ P~~' ~t~ o~ wWeh the followio~ io word~ ~nd G~ure~ i~ ~ tn+e topr tawit: - /~aNf91i~ ~O~ f 1~ Miami. Florida Hb~a~+ 1_T_ 19 FOR ~:4[_UE RECEIVED prou;ise to pay u, the ~rder ot IiLLdI~ 1`~I~::H:':i3 SIId ~ 8 MI • che principal sum o[ S,'~glthec with interpt ?hereurt from cla~e at the rate of ten percent. per annum uneil matutity, both principal and intrtat bein~pa yable in ' IaNEuI mone~ of cl~e United Stata at ~3 Roper Building, Miami. Florida. or ac such other place as the hotden hereoE may designate in wricing. Principal and interest payable in instaltmenu as fotiows: T~or~ (~40.00) Doil~rs p~r auntb, be~iaaing oa bho 15th deqr oi 3 ApMl, 1968, ead coa~iauing oa tL+~ 1 tb day of eaah and ev~sry ~oath th~reait~r ua~il paid in l~11. ~ 'l~hi~ nute ~uay he prepaid in ~.hole or in parc alter one ~•e:~r In?m thc d:ite hereo( u}x?n payment o( a penalty ~ ryuivalent to two ~xrcent ut the ptincipal sum pre~id. ' Ea~h instaliment papment ~all be ctedittd first on the interest due. and the remainder un principal; and interest Shall ehereupon cease upon the principal so credited. The maken and endonen of thu nott further agree to waive demand, notice oE non•payment and protac. a~d in che eveat ~uit sh:ll be brought for the collation hereof, or che same hu to be collected upon demand oE an attorney. ~o pay reuonable attorne~r's Eea for makiag wch coUation. De[erred paymenu haeu~der shall beu intrrest at the nce of ten percent. per annum [rrnn tnaturicy until paid. ~ This note is secured by a morRgage of tven date herewi and 'u to be construed an3 eniorced accordi~g to the laws i o[ ehe Scace of Ftorida: upon deEault in the payment ot prinu~al and/ar incerest when due, the whole sum oE principal :inci in~ere~t remaining unpaid shall. at the option oE the holders. become immediately due and payable. ~ John 9.nderson ~SEAL) ~ Philippa Anderson ~5~~ ~ ~ aod ~hall perform. compir with and abide by e~ch and evesy the ~tipuluioa~ aRreemrot~, cooditiow and covepants ot ' a~iJ promiw?rv note and of thia dred, then thi~ dred and the ntate eher~by ereyt.d ~1~a1! teaat •ad be aull and roid. 1. The MortRa6or bt~eby covenaou and •gree~: 1~1 T~ Oaf dl ~nd ~~nR~l~r J~r pti~eipd •ad internt ~nd Nh~ wm~ ef m~nef p~)a61e br a~nue ~f ~ia pt«n~wry nv~e ~aJ th.• deed, ~r eiJ~er~ p~ospllr on tht d~~n rnprch~cl~ tAt wo~e ~evaall~ becen~es d~e. tbl T~ petm~l, e~mm~t er ~uQer n~ v~~~e •ad 1o m~inuin ~be ~mprovrmenu •1 ~11 limt~ iw ~ s~~t~ ~ood r~p~ir ~~d t~nd~~~~o; •nd ~o do er pennp Io bt done ts wid premues no~hioR thst wil) dar or ch~n~e Ih~ n~e ~nd ~lun~~et of w~d proPertT ~r in an7 ..+y ~mp~ir or ~rt~k~n tlie ~teuri~y e! th~~ enA~t~Ae. And in e~~e tbe retnad. aeRltet or ia~bili~~ ~f tlie-Mertp~~r rep~~~ ~J m~~~u~• ~~~d Propen~. tbe M~rl{~ec ~1. ~t 6~. oo~i•n. ~~ke ~nc6 flp~lf~ O~ CJYN thr w~ne t~. be~~ude. ~wd ~dr~nee m~nq~ is t6~t belwi(. ! c? T~ p.r dl .~nd anRyl~r .the ~~aa.. weww~~nt~. le•~ta. (~~bil~tin, ~nd o~iip~iow ot e•~eryr e~~~re N Mid dc.c•~bcd_ or•pe.~ ssrh anJ evetr vbew d~e and payil~lt ~eterd~nR ~o I~v, bef~~e tber beeem~ Jeli~pueay ~nd ~e,dclive. ~he Monp~ee N~~ beliKe M~r~h lStb o( e~eR ~eu ux re~e~pu evidtnci~iR the ~~w~cM o/ ~ll (aw(ull~ unpMed usn /o~ the orecedins edewd~r ~e~r; t~ i~ma~f~ ~h~ MertpRee rp~n Ai~ ~ein~nd for sl) t~:~s, ~~~atn~n~~ ~nJ cb.ii~. ~h,~ ,~.r be .,.4..~d upen thi~ ~~rtpse ~e ~1K .adeb~ednea ~ec~.ed 6crebr. •nd os~d br d~e morlRaRK. ~.~theu~ reprd to ~nr I~wr 6eeetsf~re en~rted or hert~iln 1~ be ta~tted i~~wi~~ p~rne~1 d ~he vAele ~r anr part ~hereef upon ~he MortR~~te_ (d) Te p~f ~11 ~od •~nRul~r the cosu, ~h~rRe~ ~od eipenseti iedud~nR lsareei Iw aaJ ~L~ract ~oa~ resNn~bly ineurred ~r p~~d ~t ~a~ tiine b~ tl~e Mert~~R~e bec~uk of ~he (~~lure on ~he p~rt ~f the MertpRer t~ pe~fonn, c~pl~ ..i~L ~od .b~de ~.eh •nd e~e~y Iht ~tipul~l~on~. •~reemcsu. cond~l~om •ed ~oveo~nu e( wid Prom~uory n~~t a~d th~~ deed~ et eit6e~. ~wd erery wc~ w~ewt sL~ll beat interpt f?~~n d~tt a~ ~be r~tr ef ~~n prr eemum per ~nnun~ Ie) It i• (nrther c~~tn~nled ~nd ~Freed b~ Mid p~rtit~ tL~t io I~e event • suit bti~~ IA{IIIYICd ~O IOtKINt {Li~ IO~tt~tt• {b~ 1~~- p~ee ~lull be en~~tlyd te ~pply u~n~ time prndin~t ~oeb I~.eclo.ure au~ ~o ~IIt ~OYf7 II~~IIO~ )YMd~t1~M tdlflO~ ~Ot tbs ~p~ioueent ~t • recei~er ol ~!1 snd ~inpelar tre a~ortp~ed propenr. ~nd ~I d1 ~ems. ioe~sa~. Pn6t~. iMUw ~wd rerew~ ~e~(. fros wdwever ~or?ce deri.red; ~ed ~Aereupon it i• he~eb~ e~prewlr e~~cn~ated ~nd •Rrred ~h~t tbe C~urt ~11 f~nhw:~h .aPe;m •uch .ecei.er .i~b the mu~! poaen ~wd dut~e~ ef r~ivm io like cyes: rsd raid ~pp~inleneM s6dl De ~aa~e br 1lie esuet w~ m~t~er ~f NriA ri~Lt to the MertpRte. ~fld M~IIIOYt re(rrence to the ~dequaer or io•de~..cr o( the v~lut of ~be Prope~ty herebY monR~~ed, ~he ~dreney •r iw»Iv?.ner •f ~he Mnn~Ror• er •nr ether p~rtr de/end~et to ~ueh suit. Th~ 3l~npRor beresr spe~ifiull~ w~~~e~ 1!K ~iR~t te ~bjeet 1~ 1be iP~ialment of a reee's?~r-vw ~(o~e~~~d ~nd bereA~ a~preNlr ~~nseeu th~t ~~eh ~Dp~in~a~en~ ~h~ll ee n?~de a~ ~n •drma~d eq~i~~ ~nd m~ner ot •bwlute ~iRM t• i6e Menp~ec •ed th~e ~he s~me ~n~y ee donc vnM~~ wNi~e t~ the M~np~~r. If 1 U/~reclwure Proc~edinp ~heuld be in~ti~uted ~pi~t tbe pr~pen. e~rered by t~iu in~np~e npn ~nr ~tAer lits er cl~~~n .r}rctA~r dls~ed t~ Ae superior or jue,w ~o ~he I~en of tbu m~npie. t~~e M~?tR~Ree msr ~t hi~ opt~on immcd~~ttlX uPo~ ~nui~uuow w~A •uit er duriw~ ~Ae ~endency tl~creof de~l~re ~i• a~np~e ~wd t`e indrb~ednew ~etrrtd 6etebr d~e Md a~ele t~~Aw~th ~wd n~~r ~I~ ~P1i~w P~e~~ed t~ tor~rl~~e ~Au meripRe. (~1 tAs~ t6~ Monp~~r ..ill keep ol ra! awd pen~s~l proprrq no.n er herrsfter encumbrr~d b~ ~Ae lien ot ~h~• ~n~npF~ ~n~~rtd ~a mq bs ~equueJ (rom ume to ~une br the Moetp~ee ~p~m~ loa by 6r~. wind~torru •nd o~htr F~~s~rd~. ~~~u~l~~n and ~onaoRen~~~~ !er ~neh period~ ~nd !~r ne1 Iew th~n sueh •~ovwu w~.r be eeQ~~red ar Mon~sRer •nd ro pa~ pr~n,p~r wben d~~ •11 P...»~,,,,,. l~r ~~eh imur~wre. The Mnount~ ~t in~unwcc reqrirea b~ 1Le ~l~n~Rsc rh~ll br Ihe o~innnwn ~~nounu for ah~~h u~d ~n•ur~n~• ~h~ll Lc +ri~uw ~wd it ~11 be ineumben~ r~n ~he M~nppr m~ieuin ~urb .ddiu..a.t in~~rance w~~~ be eecew~~ ~o n+e~t an~l . on~pi~ fall~ w~th ~11 t~i~~rawce reQa~ranen~~ ~oe~siwed in wid ~lieie~ tbe end that ~he N~d M~rtp~~r i• no~ • ~o•~e~~rer (AI~Iyt~drf Imur~nce dulf be •rn~ew b~ • comp~n~ ~r s~m~~nie~ ~ppr~~~i ~r desi~a.~ed b~ ~he Mo~p~re ~ed all pol~~~ ~nd rene.~l~ tA~r~o( ~11 be beld b~ ~t?e Mortp~ee. Ali deuiled da~pwtiaw b~ ~r M~rtp~~r vh~~A •re a~cep~ed br ~A~ Menpser ~nd •U •Rtr•~?.enu bter~ MMp~or ~od M~Apsee ~e1~~inR t~ irrarswc~„ Nr et~u~~R K here~ht~ m~dc, ~6~11 be ~n wn~~eR ~nd ~11 br • p~n o( th.• ~+~M{~~e ~pes~weat w frll~ r tMu~h ~el I~rth •erb~~i~w berein ~nd ~lult Ro~ern bo~l~ artie• h~ret• •nd ~beh ~~eaaw~• ~nJ •u~~n• N~ lien r~w ~n~ ~1 ~~id P~licia d~n~~ri~te or upew ~s~ ?efund er i~~urw prt~uum ..h~~A ~n~~ bt p~~ablt oe ~an~~ll~~~on •r ~enw~wNi~w tbeted. ~11 be Rivew 1~ ~l~ th~u 1bs Mertp~ey tstcpI Or p~pr~ •n~terre~n.n~ .!F•ed ~u~b o.l~~~ ~nd ~porov~d V1 M~ApMt. E~c~ rlicr d iww?~wte abdl b~se alised tLcret~ s St~nda~d Ni. Yerk M~r~qRe~ /:IauM r~tl~ov~ (:~~~r~bw~~e, md,n~ al! !w~ ~r Iwes ~wder ~uch Mli~~ y~~.ble a ~be Mens.~c~ w iu ia~enM m~r ~ppe~r. In IM ~r~nt •n~ ~u~ ~r ~um~ ef ~nonry M~om~ ~~~?k IIItltYAJlI II1t M~f1~~K ~~bII A~rt 1ie ~p~~w rec~i~e •nQ •ppl~ ~b~ wm~ •n ~~~oun~ ef ~A~ ~ndebt•dner~ Aer~br ~~~u~~~t, ~r oe~nil ~Ae M~etp~~t 1~ ~ece~se ~wd we i1. ~w~ ~sn ~lar~of. ~~~?~ut ~Mere6~ r~~v~n~ •r ~mp~~r~wR •w~ tqu~tr. I~~w~ v•~~tA~ ~wde~ sw~ ~inre d IAir w~rtp~oe. Iw ~~ewt ~f Iw ~r ~~K~1 dse~~~~ 1l~t n~wrt~~~ed d~~M~q Ilr? Mnt1R~~ot ~A~II pv~ ~w~w~~- ~i~M w«ie~ 1lMr~ed H w~il d~e M~etp~et ~wJ t!N M~ttpRre w~~r m~~e prwf ~l d ~i~? N+wr p~.+»MI~ A~ ~br • • 0 R ~,70 PAGE~L`~~ ~ • 600K ; - , _ - ' ~~;;~x L ` ~ , ~~~~a~~~~~ ~r~~