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HomeMy WebLinkAbout2818 + ~ i i PROVIUFD, AI.~VAYS, tb~t if tbe Mortsa6or ~h~ll pay unto ~he Mo~tRaRee ~he ied~hteJneN r.vidtneeJ br • ~rtaia pew~iMOr~ oote o~ ~rWch ths (ollo~rin~ ia word~ and fisurea i~ ~ tn+e copy tawit: _ - - 'r 1 Ald~tgoqs /Yo~. p~arch 9 68 ~ j 2275 Miami. Florida 19 - FOR V 4I.UE RECEIVED ~ ~i1e ~~O~tl~ eIId severall~r promise to pay ~he order o[ t'iaricn Ratner ~he principal sum o~0 T OU88II O fl 3eventy-F ~re DOLLA together with intere~t ~ hereun trom claee at the rate oE ten percent. per annum until macurity, both principal and interat beingpa yable in la~tul money of tl~e United Stata at 203 Roper Building. Miami. Florida, or at such other p:ace as the holden 6ereof may daignate in writing. Principal and interat payable in insullmenu as follows: Forty-Fi~~ (~45.00) Dollara par month, begianiag on the 15th day o! Ms~, 1968, and oontinuing on the 15th d~r o! each and every month thereatter wntil paid in tull. ; ~ '1'his nute may be prep~id in ~~•hole or in p:+rt alter one .e:~r truin tl?e date hereuf u~x~n payn?ent o( a penalty ~ ryuiv~lent to tNC~ ~xn-rnt ut thr princip:~l suw prepaid. • Each inseallment payment :hall be credittd fint on the interat due, and the remainder on principal; and inttrest ~ shall chereupon cease upon che principal so crediced. ; The maten and endorsen oE thit note further agree to waive demand, nocice of non•paprnenc and protat. and in ehe event ~ait shall be b:ought for the collection hereof. or the sarae hu to be collected upon demand oE an actorney. eo pay reasonable attorney's [ea tor making such collection. ~ i Deferred payments hereundtr shall b'ar interest ~t the nte oE ten ptrcent. per annum from maturity until paid. This note is secured by a mortgaae oE even date hetewi and is to be construed an3 en[orced according to the laws of the Stace oE Florida; upon deEault in the piyment oE prina~al and/or intemt when due. the whole sum oE princi 1 i:~ncl in~erest nmaining unpaid shall. at the opuon oE the hoi d ers. become imm e d iace ly due and payable. ~ ~+nnie ~allowav (S ) I Repared bv St~nley H. Spieler. Attomey Carrin~ton L. Gal~ oway ~SE~+~ I 2240 Biscayne Boule~ard, Miaml, Florida 33137 ind •hall perform. comply with and abide by e~eh and everY the ~tipulatioo~ aRre~emrnts. condi~ion~ aod coveoanL of said promiw?r~ note and of this d'ed. then thi~ dred •nd the ht~te therebr ereut.d ~hall cca~e •nd be aull aod void. 1. "fht MortRa6or hereby covenaou and sgree~: j (~1 T~ p~~ ~II ~nd ~~nRUl~r J~e p~i~eipd •ad in~ereN ~nd ~~}wr, ~unu o/ m~nc~ p~~~61e br •inue o( ~~d pt~miwery n~~e anJ ~h~• ! deed. ~r ei~er. P?o~p~lr on the d~r re~pr~~i~el~ the ~ne ~e.rr~ll~ bee~mw dre. Ibl T~ pt~en~l. ~~mit or ~~Qer ee ~+~ae ~wd ~o m~inaie ~be uop~~vrmcnu •1 ~11 limd iw • us~e ~ood repait ~~d c~nd~~~~n: •~d I to de er permu w be dont to wid premnd noihinR th~t ~.ill dter er cd~n~e thr ~~e •nd ~l+~ra~~er o( N~d propen~ ~r ~n •nr ..a~ ; imp~ir or r.e~kee tht ~ec~~~~ ef t6u m~rt~sRe. And ia c~~e o( the rclu~i~ ocRlecl or io.biliy ~f ibe Mortyi~gr rep.~r .nd m•~•u~. E u~d Prepenr, the MortpR~e ~t bu eP~i~n. m~ke ~re6 repain sr uuw th~ ~a~we t~ be wde. ~wd aJv~nee m~ne1~ in that be6al(. f Icl T~ p~r all •nd unRul~r Ihe ~~rn. W~M~11tA1~, Itbllf~ I~ab~I~i1N~ •nd ebliptio~u e! erer~ a~t~re N Mid deytribed Prperl~ u~h ~ •nJ e~err ~+hes d~e ~ed p~y~l~le ~ecordinR ~to I~r, bef~re tLer betenK Jeliwqurnl. ~~d ~o ~eli~et t~ d~e Mortp{ee ~w ~r be(ote M~r~h ~ 15th of e~cl~ ~e~r t~• rt~e~pu tridencinR tb~ p~~mcnt o/ al) 4v+(ull~ ~spo~ed uaes (e~ the oreocdio~ t~leadar yar- t~ iedems~f~ ~h~ ~ MerlpRet ~p~n I~i~ dem~nd !o~ all i~=~~. wstwn?nt~ ~nd tdt~s that tn~r be ~satsxd upsn tba ~Mp~e ~n tl~e indc~~ednaw secu.ed ~ herebr. ~nd p~id br tbe mon~ae~. wr~ihw~ ~eprd ~er b~+ beerts(~re enaned er he~e~ft~r be ew~eted i~~~st ~rwew~ ef ~i~e ~ .vhole ~r ~nr p~r~ ~bereof upon ~he MortR~R~e. ~ Id/ Te p~~ ~11 ~nd nnRul~t the eo~u, ~h~r~te~ ~nd eapeme~. isdud~nR I~w~en' (eq ~nd •b~tr~ct twt~ reaNw~blr ~nrurred •r p~~d ~t g sn~ time b~ ~bt M~n~~R~e bec~uK of ~he (~~lure on ~he p~rt ef ~he N~nq~or t~ pai~nn. e~pl~ ~rit~ ~ud •b~de S~ e~ch ~nd cverr ~ tht ~tipulatioe~. •`reemeau, condn~on~ •nA ~oren~nu of wid Pnrw~NOep oo~t ~nd Ih~~ jeed. ~t e~lber. ~wJ e~~ry ~~c` ~~ewt ~dll be~r iaterat f~ern due ~t ~he rn~ of ~~n per c~mvrn per •nnwn ~ It) II i~ I~rtber t~ren~nted ~nd .~.~ed br ..id P,nic• ie t}~e evee~ • sui~ beiwR IpN114ltd 1• IOfttIM! {b1~ monp~e. tLe M~n- ~ p~ee aMl) be en~~tl~d ~o ~OPI~ ~t tin+t prndioR svch /~reclwure ~nit ~e tht ce~ut luv~a~ juri~dieli~n e~eresf fot I~e ~p~~o~ment ~1 ~ retei~er el sll ~nd ~in~ubt ~Le mertp`cd P~openr. wd dl rmu. ioeMr. yro6t~ iMwr ~wd re~ew~ ~bere~f. f.as .Vu.e~e? ~ ~euree derived; ~nd ~hereupoo it i~ hereb~ esprewlr e~verusted ~nd ~Rfttd 1~~ tLt GYt1 ~IHII I~?1Ar~lI~ ~ppO~Oi ~Ytll tttt~rtf ~i~h ~ ~Ae wwl pooen ~wd duue~ ef rer~iven jp lite lYHj ~nd ~id ~pp~in~menl ~11 ee m~de bq tl~e twet M~ e~~ner ~f MriA ri{bt ~o ~hs M~rtdaRce. MA MIIIlOYt refrrence to the ~deQuat~ ~r io~deQu~cr o1 the v~lue ef ~t ptopsrlr ?~erebr n~enR~~ed. ~r t~ J~e s~lrencr ~ •r iwwlv.ner ~f tAe Mnn~Ron ~r •nr ether P~rtr defend~o~ te w~h suh. Th~ yl~rtpRor bereb~ ~pecif?ully wwn tLt n~At to ~ ~bj~et t~ Ibe ~~in~menl ~f ~ rttciver •torcw~d swd bereb~ aip~esalr ~~n~enu that ~~eh a~~inte+en~ ~dl b~ nude u u~ ~dmu~~d ~ ea~it~ Md r• nuurr of sMolute riRAt tse Meetp~ee ~sd tL~1 ~he ume n+~~ be dene wi11Nw s~~ite t~ tAe M~nq~~r. ~ - (11 I/ f~?eclo~ure procredinp ~h~uld be inNi~utcd ~pirt tbe p~per~~ eovered b~ tii~ m~np~e n~on ~n~ ~tAtr liew or rlaun ~nc~tAer ~Ils~ed t~ he •~peri~r or junior te the I~ee of tb~~ ~nKtN~e. ti~e MonRaRee n.~y hi~ epuon ~me~eduttly uPon ~naiuu~en ~f •u~~ - s~i~ er d~~in~ tl~e peedener 1l~ered dc~l~re ~hi~ ~~np~s ~nd t~e ind~L~edn~N ~ecured Mrebr due ~nd p~~~ble f~r~h.~~h ~wd n+~r 11~ ~~11~D PI~fKd 1~ ~Of~rl~~! II1N n~~rt~t~Rc. ~ (~l Thp tLe Menppr ~+ill keeP dl tal ~nd oer~esd Propert~ n~w ~r her~~fltr encumbr~~d A~ ~Aa li~n of ~M• n+er~~~t~ ~wwred ~ ma~ bt ~~qYlIl1I IfOT timt lo tunt b~ tht Mortp~et ~ia~ml I~w b?t. ~.~nd~tor+u •nd othtr h~a~rA~. ~~~u~lt~e~ •nd ~ont~n~en~~~~ ~ f~r wcl~ Pe~io~s ~sd f~r no~ Iw tb~w •~~h •~wAu e..~ be req~~red or ~he ~on~.~~e .~d ~o, w~ v.~~~pdr .•ben d~~ •11 pnm~um~ /~r ~wh inwne~e. 7'he ~w~unl~ ~f inaur~oce teqnind 6~ t~e ~l~etlNRet ~h~l~ be tlK o~ini~n~in ono~nu for ~.h~cb ~~~d ~w.u..n~• ~h~ll w Le ~rriuew ~nd i~ ~II be incnmben~ ~~w J~e M~[~pr t~ s~iauin su~b .dd~~~osal ~n~~~anee wu~ be nece~r~ ~o ~nert •ml . on~pl~ - frll~ r~th ~11 cein~ur~wce rea~~.e~~~• ~o•~.~wed ~n wid ali~ia~ ~s the eed that the s~~d M•n~.pr i~ n~t ~ ~o~~n~~ror ~A...u~~dr. s< IfNYf~Mt dulf be wnuew b~ • tompsn~ ~r c«npwiN •ppr~v~d ~r dr.~Rn.ied br ~h. M•n~.~~e .na .11p~ h~~e~ ~ed ren~.~l• J~~r~o( ~11 be lela b~ ~l~e Mortp~ee. All deu~led ~eaipwti.w~ b~ t6e M~rtp~~~ •h~~A ~re ~ctepted br tl~~ M~n~~er •nd •U ~~tr~.n.~eu lenr~w MWtp~or da MHtp=ee rcluinR t~ itirnwe~, ~~n esia~~nR IKred~~r m~de. ~b~ll be ~n ~+r~~~nR ~nd ~6~11 br ~ p~r~ of th~~ ~~/~M~! ~R«fOtftl N~YII1 Y IINYtA ~e~ tKtb ~erba~iw he~ein ~nd dwll Rwcrw bo~A ani~s h~ret~ ~nd ~be~r ~~«e~wn •nd •a~~n• :N N~ IItA YPM ~n~ d~~id p~licia d IMYf~~t! ~r ~rp~~ ~e~ re/uad ~r nturn prtm~um vh~rA m.r b• p.ybl~ •e tb~ •~n~~ll.uon or ~ tenw~w~~~~w ~here~f. slwll 6e ~i~ew t~ tMw ~M Menp~ee. es~ept b~ r~~~ .nder.en~~n~ •fl'i..A u wrb oob~~ ~~d ~pPro..d Lt M~rtpMe. E~c~ Nlicr d iww~~wce ~tl base ~~icd tAerea • J~~nd.rd ~i.. Yer? M~~~q~tt~ l lwK ~.~~he~t GN~~~~~~~w, m~?~n~ .11 1.« 1«.es ..ae. .YCh ~.li~~ M~~ble a~be M~tp~ r la iw~erer mq •Ppe~t. Tw ~M ~~~et ~n~ wm ~r wm~ ~f mon~f M.om~ ~ Ml~~k tf~enrw~er ~he M~rlp~ee ~MII A~ve 11e ~~I~~w 1• rec~ire ~nd ~ppl~ ~M wme •n ~~~o~n~ ~A~ ~ndeb~~dwe~~ Aer~Of ~~~~r~d, N 1~ Osnwil tAe MwtY~M 1~ ncei~e ~wA we il. ~r MA tlwt~f, vhbW ~Ae~~6~ a~~~~n~ •r ~sp~w~w~ ~w~ •~u~~~. law~ •r n~A~ ~~de~ ~inre d 11~i~ rw~p~e. Iw ~~ew1 ~1 Iw ~l~~r~l d~wu~~ ~h~ n~snuted o~~p.~~ d.. M~~i~~~or •A~11 R~.~ ~w~n~.- ~n /iM~ wNie~ Il~ee~1 ~il a ~be M~etp~st ~w1 tIN M~npRrs w~~~ wukc pr~~f d 1~ ~f ~lw w~we u~ w~~d~ Pr~mp11~ w~ 1b s:- yy !~A t • ` ' • ~U~n1ir~ i~Ul/V~„'?VV • • _ ~~2 _ _ ~2'~' r ^wa~ ~~~3~'`..'~ ~ 4~', 4 J~ S T`~~ - . _