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HomeMy WebLinkAbout2729 1 PROVIUBD; AL~PAYS~ ~bai if tbe Moirt~~sor ~I+~ll p~r unto the MoirtRaR~+e 1he ind~hteJotN r.vidrneeJ br a oertia pt~asiroy ~ote o~ ~r6icb ths folMMriot is Mrord~ and figu~ i~ ~ true topy tawit: - , A'~a~f90~. NOt. 212~j~00 Miami. Flori~ narah 9 .19 ~ ; I ~r'~ ~ O fD~ 11b~ N~'AMl pn~miw tu pay ; MUH \'t~LIEE NEt'F:IVN:l1 ~ <<, ch~• ~~~a~•~ ~~r JA~OB CL:'llrt3 tind Kl•i' ~ s w e ' thr. princi~?al ~um of ~O ~uBA~ ~hH1i~1'~d`~M~nti,~~~iry . .r . , together wil intrrrst thrmun fn?m datr uf the rate of t~~n ~~n~ent, ~~rr annum unti) malurity, buth principal and inten•st bein~ payabl~• in (awful munr.y ~3f thr Unitr.d Slates at 13iscayne Klvd., \liami, Florida, or at such other place as Ihr hulders hr.rcwf may designate in writing. ~ 1'rincipa! and intrrest payable in instullmrntr+ as follows: ~ I j 3ixt~ (~64.00) Dollars per ~oath~ beginnia~ oa ttu 15~~ d~ 4! ~ !la,~~ 1y68, ~ ooatiaulag oa ~hh~ 15th delr ot e~•ah md ~v~er~ ~oatih ; tturea?t'ter uatil peid in full. ~ r u n n of a n t ~ This note may be prepaid in ~vhole or in part atter one year trom the date he eof po payme t pe a! r equivalent to two percent ot the principal sum prcpaid. ~ Each insullment paymeat shall be credited fint on the intem! due. and the remainder on principal; and interat I shall ehenupon crasE upon the principal so crediecd. I The makers and endorsers of this note further agree to waive danand. notice oE non-payment and protest. and ~ in ehe evrnt suit shall be brought for the rnllection hereof. or the same has to be collected upon demand of an attorney. ~ co pay reasonable atcornep's fea for making wch collatioa. Deferrai papmmencs hereundar shall btu interest it the nte oE ten peroent. per annum from maturity until paid. ~ This note is secvred by a mortgage oE rren date hac++ith and is to be eonstrued and eaforced acc~ding to the laws t oE che State of Florida; upon d~fault in the payment oE prindpal and/ar interat ~?hen due. tht ~?hole sum of prindpal { and inceresc remaining unpud stiatl. at the opuan of t2~e boiders, beoome immediattly due and payable. j 8obert E. Woods ~S~,~ s 3 Prepued D~ 9pi~ter A Tendrich. Attomer~. ~ ~5~~~ ~2~0 Bl~eqne Blvd.. Yi~mf. Florida and ~hall per(orm, eomplr with and abide by e~eh and evvY the ~tipul~tion~ a~trremrnts. coodit~ow ana coveoanu ol saiJ promiw.rv note and of ihis de~ed. then thi~ dred ~nd the e~tate ~her~br eM.~•d ~hall te~~e •nd be oull ~od void. l. The Mo~tRa6or 6ereby coven~ou aad •6ree~: 1~1 T~ p~~ ~11 ~nd ~~nRul~r Ihe pri~eipsl ~ed intereq ~ed Nh~r ~wn~ e/ m~wer M7~i1e by •irtue e/ ~~d Pr«niw~ry n~~e •nd ~h~~ deed. ei~Aer~ Pro~p~l~ en ~he d•~. ~npr~t~~elr ~he ~e ~e~er~llr bet~mea drt. 1 b 1 T~ oe~rnit, e~mmit er ~uQer ne .~~pe •ad ~e m~inuiw ~be ~mps~vrmeeta ~t ~11 ~ime~ iw •~tue ~ood r~p~ir ud c~nd~~~~o: •nd i ~o do er peremt to be dene to a~id preo~~~d nothiaR t1u~ rrill dter e~ e6~e~e ~ we ~wd ~lur~~ter of N~d prope~t~ ~r in •n~ w~~ ~ ~rnp~ir or re~k~w the ~ecunt~ ef IL~~ ~n~npRe_ And in cue o( 1be rtfuMi, eeRlc~t o~ in~bilit~ tse Mertps~t t• rea~~ ~nd m~~~u~¦ ~~~d Prepertr. tl~e MertpRee ~~1. ~t 4u e~ion. ~~ke sreb repiir~ sr uuK th~ M~ne t~ be ad~. ~Ad ad~r~wtt w+~nt7~ iw th~t be6d(. wr ~11 ~ed ~inR~l~r the u:n. aweMw~esu. Ie~ie~, liabilNie~, ~od oblipu~w ~f eren ~trer N Yid deseribea Prpcrtr ea~6 F Icl 7'~ ~ •nJ e~e~r wh~w dre •nd p~~~blt ~ciordinR t~ b~r. bc~~re t~e7 bece~~e deliwq~est~ ~nd .dcliver f~ tl~t M~ttp{ee ~w Ifefere M~r~h ~ ISth et e~eh ~e~r u= re~e~pu evideneinR ~iK p~rw~ent o/ dl la~+(uli~ ia~pe~ed u:e~ tor the Preadioi edewdsr yar; t~ indemw~(r th~ ~ MortpRee ~p«~ hi~ de~nand for •11 t~:~a. ~wewn~nu ~nJ ch~r~s ~h~t en~r be ~~se~xd upon ~hi~ ~~np~e on Ibe iwde6~edwer ~ecureA hereb~. ~nd Mid br ~he mo~tptK, ~rirhout rep~d ~n~ I~r beee~~fKe enKted er IKr~~f~~~ 1~ 6e ee~tted ~~~wi~i a~wee~ of ~1~t ~ vAole ~r ~ar p~n thereef upon ~he Mor1R~~et. Idl Te p~~ ~11 ~od •~nRul~r the ce~u. ~h~rRc~ aad eapen~e~. iedudiaR la~+~eei fea ~nd.~~NraN e~~ tcwnaDlj incu~red •r p~id ~t ~ •w~ tiw~t b~ tbe MenR•R~e bcc~uK of the fsilurt en tAt p~et ef tbe NenpRer peeform, t«upl~ .ri~i ~sd ab~de b~ ati~ ~nd e~err tht ~tipul~~io~ •6reen~eau. cond~uon~ •nd ~o.~w~nu ef wid pr+n~iMOry n~te ~nd tl~i~ aeed. K eitbe?. ~wa every wc? p~~ewt ~6~11 ~ bea~ iwterest (~~n+ d~~e ~t ti~e rne ~f ~~n per c~wtu~n pe~ ~muw~ le! It i~ /tl~ther teven~n~ed .ed •Rr~ed b~ ..:d o.nic. ~6.~ i~ t}~e event d• suit bei~~ iaWituted fereelwe tbi~ monp~e. thc 711Kt- ~ p~ee ~MII be en1i11~d lo ~Ppl~ ~t ~a~ N~se prndinR ~oeb I~rcele~ute wi~ t• tl?c c~~rt luvu~ jwi~dia~~a e~eraf for tbe spp~iament •.ecei.e~ of .11 .od •~eNl.. ~be m•~p~ed v~•vMr. aea d dl rem~, i~eNw. Pr~SU. i~sua ~wd rs~ewua~ ~6s~e~t. fre~ ~6~wever n ~ou~ce deri.red; ~nd thereupon i~ i• herebr eaprewl~ e~~etieted ~ad LRKtd lE~~ 1b! GYfI ~INII I~~{I11/~ll~ ~~POI01 ~tKll fKtllltf .i~h ~ tAe ww) powen •wd duues ef nwiven :n like eres; ~na ~id ~p~intn~ewt ~11 be nuae b~ 1be twrt p• e+auer N~id ?i~bt ~o ~he M~rt~Ree. Yld MIIAOYI rcf~rence to the ~deawq iwdequ~cr o/ ~Ae v~lue ~f ~be propertr bereby m~rtR~~ed, er tbe ~el~ency ~ ~r iwNlvcner d~e Mn~~Ror~ or ~nr e~her p~rtr d~Iendaw w weh w~l. The 11~rtpRor bereb~ ~peci6ully w~~re~ tLe nRl~~ to ~ ~6j~ct t~ tbe ~pp~in~~ncnt ~f • neei.er Jorc~aid ~wd leresr esprewlr hnsenu thu ~~ek ~o~intwent ~ball Se rnads M~w ~dmu~~d ~ ea~i~~ ~nd r• rw~tter o~ ~bwlwe ri~h1 t~ ~bt M~rtp~et ~sd 1~1 the umt nwr bs dene vhb~wl welitt t• 1ht M~etp~~~. ; (/1 If f~reclwure proe~edinp ~heuld be inni~uted ~pwt tLtp ~pen~ e~~eted br t~i~ in~et{~~e n~on ~n~ ~tber liew o? cl~un whs~Aet dk~ed 1?e s~psri~r or j~n~or the bcn ol ti~i~ w~~r1MK. tbe M~nR~~ee nar hi~ opt~on ~mn~cdu~ely uPon ~m~i~uu~w ~f ~u~h ~ui~ ~r durin~ tF~e Pcndenc~ thereo( de~l~re J~i~ ~~np~e u~ ~iie indtWedwew ~urtd br~e?r due Md p~~~bk t~nA.~ih •wd ~n~r st ~Oti~n Pr~~~ed t~ forerl~~e ~hi~ m~nE~Re. ~tl Th~t tLe Mortppr ~+ili keep ol real ~nd oen~ssl ~opert~ n~~+ ~r b~r~d~~r ~eeambrr~d b~ tAe li~n e( ~h~• m~r~p~e ie~~?ed r ma~ be ?equireJ (~om time to tune br the Monp~ee ~yum~ ba b~ bre. windtlorm •ed othtr h~urd~. t~~u~lue~ •nd to~t~nRen~~~~ ~3 (~r ~~eb period~ ~wd l~r eN ler ~h~w •.~b .~«,.w «~w.r re .e~a~rsd er ~he Men~.R« .~d wr vr~~~pdr ~he~ dr~ dl pr~m~~un~ - f~r ~urh iewr~nre. TAe ~u~~unu ~I in~ur~~ce rea~ind 0~ tLe 1~1~rtlaltee •1~~1) be ~Ae e~inne~a~ ~mounu f~r ~.6~~F~ ~a~d ~naur~n~i .h~ll u I.e ..rittew aw~ it ~11 be inc~mben~ ~p~n Je M~rtppr ~o s~iauin ~wb •ddi~irwd im~rsnee u m~~ be nece~wr~ ~o n+e~~ •n~l ~ ompl~ ~ (~I1~ w~th ~11 c~irw~nnce ~eauiren~eau ~o~uiwed in Mid ~lici~s ~Ae end tbat ~Ae w~d M~hMp~ i• ne~ •~o-~nwror th~r~uadrr ~ In~ur~nce ~halt re ~.nuew b~ • temp~n~ ~r c~~n~~nie~ •~pr~~~d ~r d..~Ra.~ed br ~h~ M•nR.~re •~d •U pel~~~rs •nd ren~..~ls ~~r~o( ~ .1~.11 be bela b~ tbe Menp~ee. All deailed de.ip~~i.w~ 1be M~rtppr ~.A~eA •re ~ctep~ed br th~ Min~iee •nd •U •p«n~cnu betv~en MKtp~or w~ MKtpiee rcl~tinR irwr~wc~. N~r rai~linR ~r here~~t~~ m~dt. ~h~l) be ~n ..?~~~eR •nd •6.11 b. • p..~ or ~1+~• _ w~~Ap~e ~peen~ea~ y fYll~ ~ tb~u~ ~e~ fNth ~t~b~tiw betein ~na ~11 R~~erw M~b p~rti~~ A~~e~• •nd ~beir s~~eero~s •nJ •~uans IV• lien ~~w ~n~ ~f ~~id p~licia ~l ~n~uruce ~Pew re(uwd ~r r~~urn p~em~u~n ~.h~rh m~~ bt p~~~bl~ oe t~~ r~nr~ll.~~on •r Iens~wati~w tbtred. ~II be Ri~ew 1~ N~ tlww 1i~ Meetp~ estept 0~ p~pr~ •mler~e~w~el •A'is~d su~b p~l~~~ •nd •pP~o~~d b~ M~hp~e, E~c~ N1ic~ ~f iw~w~wee ~11 Iwe sise/ tberq~ • J~~nd~~d Tli.. Y~~A M~np~tt~ l:l~uw ~.~th~~~ 4o~v~b~u~n, n~~t~nR ~ ~11 I~w ~r lwes ~waer ~uch Nli~> >~ble a ~be M~tp~ N bs iwten~t n~q ~ppe~r. In ~M ~~~n~ ~er wiw ~r ~rm~ d~nonr~ M.om. ~ M~~?le lbere~w/er ~he M~Np~ee ~Il A~•e 1`t MI~M 1~ IKf1~t ~nd ~pply ~M wme •n ~r~oum ~f ~A~ ~ndebt~dne~~ her•br ~~~~r~~1, oennil Ihe M~etp~~r 1~ recei~e ~wJ we i1. N~s~ ~1 1Jwe~f~ MII~W ~hens~ v~~v~e~ •r ~mp~~nw~ ~wy eavpr, b~w~ n~tM ~w~ ~w1 ~1 ~irtrt d Ibi~ ~w~nppe. Iw ~~twt d Iw ~rir~l d~w~~R~ ~ iwwet~~~tA P~~M?t~ ~t~? Mw~1t~~tot ~h~ll p~j ~wun~- JiN~ w«ka IM~s~I N w~il ~be M~etM~ee ~w~ tlw M~npRre wN~ w~~ke ~~~f d I~a ~f tlK wn.e ~ w~.~ Pr~mMl~ A~ ~k • ~ - 800!(1~IO PAGE~7~~ . ~ ~ y~ F~ - ~