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HomeMy WebLinkAbout2110 . + . ~ i i j , j i PROVIUEQ AL~AYSr tb~t if tl~e Mort6~~or ~hall p~y unt~ the MortRsR~+e the ind~hteJneN r.vidtneed br ~ aetaia pea~ai~we~ ~ote or w6ich the ~ollo~rio~ is vnord~ and figu~e~ i~ ~ trut topr tawit: - ~ Ma~qoqs /Yot~ 2~'25•~ Miami. Florida FAbrLiBlty 17 19 ~ FOR ~:4I.UE RECEIVED We• ~01IIt1'y e~IId several~ promisetopay tu the ~rder ol ~a-..i G• ~Z ~he principal sum oE O U88~II @ ~~i-~ 1?A DOL.LA S, together with interat ~hercun (rom ~lace at the rate oE cen percent. per annum until macurity, both principal and interat beingpa yable in laM(ul monec o[ the United Stata at 203 Roper Building, Miami. Florida, or at such other place as the holden hereoE may 't ' desig~ace in writing. Principal and interest payable in installme~ts as Ioltows: ~ ~ Fiit~ (~50.~0) Dollars per month, beginning on the 15th de,y of bpril, 1968~ dnd con~inuing on the 15tsh day ot e~ah and every month therea~ter uatil ~.aio in ful~. i ~ ~ ~~1'I~ic n~,te may be prep~id in ~~hole or in Nart atter one ~~•:~r I~um thr d.~te herev~f u~Hm ~>ayment of a penaity j ryuivalent to twu ~xrcrnt ut thr princip•rl sum pre~id. ~ t:a~h inseallmenc papment shall be credited firsc on the intercst duc, and the remainder on principal: and interat j shall thereupon cease upon the principal so credited. ; The maken and endonen of thi: note futther agrte to waive demand, notice o[ non•p~yment and protest. and ~ in ~he event cuit shall be brought Ear tht collection hereof. or the same hu to be collected upon demand o[ an attorney. ~o pay reasonable attorney's fea for making iu~ch collcction. I Deferred paymenu hereunder shall beu interat at the nte oE ten percene. per annum from maturity until paid. f This note is secured by a mongage of evtn date herewi and is to be construed an3 enforced according to the laws of the Scate oE Florida; upon default in the pzyment oE prina al and/or interest when due. the whole sum oE principal :in~l in~erese remaining unpaid shall, at the option of the holders. become immediately due and payable. Harry 1.rlice Os~een ~sE~I,) PrePared by StanleY H. Saleter, An~,e„ - Vassie L. OstesII 2240 B~scayne E3culevarA. Mcmi. F{orida 3313~ ~$E/~,~ and ~hall perform. comply with and abide br eaeh and e~er~ the ~tipulatioa~ aRreemrnt~. coodilioo~ and covenant~ o( ~aid promiw~rv note and of thi• d'ed. then thi• dred •nd the e~tate therebr cn~t.d ~hall cea~e •nd be null aod void. l. The MortRa6or 6erebr coveoaut~ ~od a6rees: (~1 T~ a~ ~11 ~nd unRul~r ~l~e P~i~cip~) md intereu ~nd ~th~ ~wn~ ef m•nc~ MrJle br ~ie~ue o~ ~~d pr~m~ry ewe ~eJ th~• deed, ~r eiJ~er. Prowp11~ on ~ht d~~n rnpr~h~tl~ Iht wo~e ~e•rr~ll~ bec~mes due. Ibl To pern~N. e~mmil er ~uQer no ~.~~te ~wd ~e m~i~uia ~be ~mpr~v~menl~ ~t ~11 timt~ iw • Hut ~t ~ood repair ~sd c~nd~~~~o; ~nd ~e do or penn~t to bt done Io s~id prewi~e~ nethiojt tlMt ~+ill alter or ch~n~e ~ u~e ~nd ~lur~ntr o( w~d prooeet~ ~r ~n ~n~ r~~ imp~ir or at~ken the ~eern~~ e( th~• m~rt~t,~~te. Awd iw cue o( Ihe tefusd~ oeRlecl or ~na~ilit~ ~f tbe Mortp~or ~epa~r and o~u~~u~• wid Propen~, the Mortp`ee ~wa~. ~t bu eP~ion, .~.ke ~ocb rep~ir~ er uuu th~ Miee t~ bt ~dt. ~wa ~awee w~~wep iw ~L.~ beVl(. It) T~ p~r all and nnRul~? Ihe I~:n. ~~aewe~eat~. levie~. li~bilitier, ~nd obliptioes e( erery rtwe N wid de~cribed Pr~penr t~~h •nJ e~er~ ~+hen dre •nd p~yd~le ~tcord~n~t to br., belWe tLe~ bccenK Jel~wqued~ ~nd ~o .deliver t~ I~s M~rtp~ee ~w ~r ~f~re M~rrh IStA of e~eh ~e~r t~= rere~p~• eridtnciaR IF~t p~faent d) Ia~uU~ ~oPosed ~.:a ter ~be preced:as e.kwd.r ye~.: t~ ind~mw~(~ 1h~ Mertp~ee up~n Ai~ dem~nd for ~11 t~=~a. ~Me~mrot~ ~nd e6~r~a~ ~hat tnay be ~ue~!ed ~pen ~i~ o~np~e ~n tAe iadebtedne+w ~ecund 6erebr~ ~nd p~id br tiFe ~nortR~RK. wr~thoui reprd ~nr I~r+ 6~eel~fere en~~ted or ~er~s(ttt t~ 6t t~tlea ~epM~~[ W1~ea~ the ~rhele ~r ~n~ p~rt ~hereof upon ~h~ MortR~Ree. (d) To p~~ dl ~~d •~nRul~r the coN~. ~harRe~ ~nd eapen~e~. iedud~eR I~v~c~i feea, ~nd as~iract c~N~ reMen~bly inc~~red pa~d n ~w~ tiw~e b~ ~he Mort~t~R~e pcc~uK of ih~ (~~lure en the psrt ~f ~he Nenp~or perform. ewpl~ ~riv ~sd ~b~de bY ach •nd e.e.f tAe stipul~~~om. ~Rrecmenu, eondu~on~ •nd ~even~nu ol uid Pe+n~~wory note ~ed th~~ deed. ~t eitber. ~wa eoe~r wc? w~ew~ ~6~11 bur isttrest fr~rn d~~e ~t Ihc r~te of t~n per c~mum per ~nn~un (el It i~ Iur~her e~ven~n~ed ~nd ~Rretd br s~id P~hie~ ldt i~ 1}~e eveet et • ~uit beiw~ ieaii~ted fe?KIMe tbi~ mottp~t, tbe Al~rt• p~ee ~!u{) be entitl~d le ~PPI~ ~t ~w~ t~mt prndinR ~neb /~?cele~~re a~it ts ~l~e twrt lu~~~~ juri~dic~i~n <<ere~1 (or tbe ~pp~~wment ~l • recei~cr of d) ~nd sinRul~r ~be ma~tp~,cd propertr. ~ud d~U rc~, iec~aF. Pro6u. wws ~wd rsvewue~ ~bereJ. fro~ v6~we~sr ~OYKt derived; ~ed Ihcreupon it i~ herebr e~preNlr e~ven~eted •nd ~Rrred th~t ~be C~rrt ~Irll /enl~vitA ~i?Poist ~uch receive~ .ith the ~u~l poMer~ ~wd dut~es nf nr~iven in like ear~s: ~sd ~id ~pp~in~mewt ~~1! be ~n~ae b~ tht c~u~t u• mutet ~t~iet riR6t ~o Iht M~rIMRce, ~od ~ilbout rel~rence te tl~e ~deqwc~ ~r io~deQwtr of the v~lut o! tLe proptrlr hercbr mortR~~ed. ~r t• tl~e ~elvrn~y ~r iw~{v.nq eF ~e Mnr~R~Rora er •n~ o~hrr p~r>> defend~et to ~ueh su~~. Th~ M~npRor bereb~ ~yeci6ull~ w~?.e~ Ihe nRh~ to ~6j~et t~ Ibe ~P~inlmeel ol • teeeiver ~(o~n~~d ~nd beresr apresalr ~emenu that ~~ch ~DOeintanent ~hdl be nude aw ~d~wined ea~i~~ ~nd m~tter ot ~bwlu~e ~i~th~ ~be M~Mp~ee ~nd ~Ae wme n~r be donc .r~~w A~ti~e t~ ~Ae M~etpqr- (/l 1< <~reclo~ure proc~edinRs ~hould be imti~uted •piaN tbe pr~pen. eo~sred Sr t6i~ m~np~e n~on ~w~ etber liew or cl~~n~ .hetl~er dle~ed t~ F?e wperi~r ot jun~er the hen of thi~ w~~nYK. ~1a MertpRee nur •t hi~ optwn ~a+mcd~uelr uPon ~mu~ouew ~f wrA ~ui~ or durin~ ~he Pendene~ thrrcof decl~rr J~i~ r~~rtp/e ~nd t~e ind~btedneN ~ec~red 6r~eb~ due snd pq~ble f~nA.~~h •wA ~n~r ib ~Oti~w Pr~~~ed fere~l~~e ~hN o~ort~t~Re. (~1 '17nt tbe M~nppr ~rill ketp ~11 ral ~nd oe?~~wd ~opettf n~w ~r her~~f~er eneumbr~ed h~ ~Ae li~e af tA~a ~n~r~pRt ~na~red y m~r bs ~tquneJ from time 1o tuoe b~ tl~t Mortp~ee ~p~n~1 l~w br b?e. ~~nd~tom~ •nd othe~ h~urd~. ~~~u~l~~~~ ~nd ~on~~nRen~~~~ f~r ~~eb peried~ ~nd f~~ nw la~ tb~n anch .~•usu « w.y ee eeou;.ed Sr ~be Mon~.~« •nd ~o o.r pr~n~p~r ..ben d~~ •11 prrn~~um• f~r ~wh in~u~~wre. The un~unu ~f inw~~wce rcanired b~ ILe 1l~rtpRec ~hal) be ~!K o~innnww ~mounu ~or ah~~b uud ~n.ur~e~. ~b~ll Le ~~i~lew ~wd it sA~ll be ~~cdm6em ~~.n ~ M•.+s•pr s~isuiw su~h •ddi~iowd ia~r~~nce m~~ be necewrr ~o inNt an.f ~ ompl~ lall~ a~~h dl coin~ur~wce reaavc~neeu ~o~uiwcd in wid ~liciea t~ the ced dut tht w~d Mer~p~er i• no~ • ~o-~n~uror ~A.r.u~~d•. 1n~urance ~F~alh be •nttew b~ •~e~np~n~ ~r c~mwnie~ ~~pr~~~d ~r deyi~tna~ed b~ thr M~np~.a ~nd ~ll pel~~~er ~nd ~en~.~l~ ~h.r~of ~ball be 6ela b~ tbe Mertp~ee. All deuiled daip.~i.w~ bj tbr M~rt~~~~t ~.hi~h •re ~ccep~ed Sr ~h~ Miny~~ee •nd •U •~v«nKnu ~etr~en M~ttp~ot wd IMN'tp=ee rel~tinR iti~~~wc~. Nw etitt~nR K he~e~fter m~de~ ~~11 be ~n ~ru~eR •nd ~6~11 br ~ p~r~ of tl~u w~~r1M~t ~pennenl w(YII~ r tMuRh ~et f~rth ~erb~tiw bertin ~nd ~h~ll Re~e~a bo~h ani~s wtrel• ~nd 16e~r ~~tce~sor• •nJ •u~~n• N~ lite rrw ~n1 d~~id p~licier ~f ~m~ruee ~r ~Pew ~tlund er t~lurn prem~um wh~rA n.•y b• p~~able ee th~ ~~n~~ll.~~on or Itff~~ll~tlM l~Kft~. bt ~i~ew t~ th.w J. MonMtea et~ept b~~ Pr~~ •n~lenem~el •lfis~d ~u~b pel~~~ •ed •ppro.~d L~ M~Apre. E~c~ /~iic~ e1 iwwr~nce slwll bue ~i:ea tl~era• •~~ndard Ni.. Ye.k M~np~e. l:l~vw v~~Aou~ C~~tr~bru~e. m~?~nR ~II I~w Iwe~ ~wder ~~h ali~> >~ble t~ tbe MHtp{e~ r fu IlltlKM e?~~ ~opt~?. le ~M ~~~nt ~n~ a~~ ~unN d~wowry Mrom• M1~~It therennde• ~Ae M~et~~Ree ~11 M~ve tre ~p~~w ~ec~ive •nd •pplr ~M ~arne ~w ~~~o~nt ~t ~A~ ~ndebt•d~e~~ 1?tr~ay ~.~~~~~1, K 1~ oennit Ihe M~rtv~~ 1~ recei~e ~wd we il. ~1 1lwtof~ vi~brt lheres) ~uv~n~ ~r uop~n~nR •wy •Quur. I~~w~ ~r ?~~h~ ~wds~ u~ ~1 ~inre ~I tLir w~rtM~t- Iw mw1 ~1 iw ~r ~rK~l d~m~R~ ~w t)K ~w~np~ed or~Mn~ tlrr Mw~~s~tot ~A~II ~w~n~r- JiN~ w~tia ll~ed w~il ~i~e MNtp~ee ~ tl» M~np~tre w~~r w~ake pr~af d 1~ ~l d~? M~we u~N w~sd~ Pr~mptl~ A~ . a ~ - d00K 1 1 V PACE~IO~ . ~ ~ _ ...y ~ ~ ~ - ~ ~x 4,~•~ - ~ . -."N..:'~-_. _.i _ t' . ~ ~ . ; _