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HomeMy WebLinkAbout2809 ; PItQVIUF.D. AL~A:r~ ~at i~ tLe Moatsa6or ~h~ll pay u~to the MortRaRee the ind~bteJncN ~vide~ecJ br a ~aia peawi~we~ ~ote o~ ~r6ich th~ tolle~ri~~ u wo?d~ ~~d figvra i~ • t~ue copy tawit: i IKaN~9o9s /~o~i i 1'jgQ~~ Miami. Floridi ~ li ~ 19 ~ h'Illi ~~~~(:I'~~,jlr'lilt 8tII ~"i• ~O~l~~ i~ Nw1'~1~ ~?romiw• tu pa~ (u lh~• urd~•r ~?f._ ~ s ~ ~ ' th~• ~~~in~•ip-rl .•u~u ~~f Y ~~a I.I.AN~, ti~rthr`r with intrn•~t ' ~h~•n•un fnnn dat~• uf tli~• rat~• uf trn ~N•n~~•nt, p~•r annuu~ unlil malurity, twth princi~~l md intrn~.t b~•i~~ payablr in I~N ful mun~•y ' uf tlu• l~nit~•J Val~•, at lti~••ay~u• Itlvd.. \1i•rmi, h'lurida. or at sur.h othrr pl~~•,~ ~I~c hold~~ hcrry~f may dr~uat~ in Nriting. I Prim•i~wl and inl~•n•~t payabl~• in in•tallm~•~4• fnlluwr: I Tkir~~-Fi~n C~35•00~ Dollara p~r ~oath b~ginnia6 oa t~ 15~h d~7 ~ oi Jul~, 1968• aad oontia~uiu8 0~? ~h~ l~~h day o! •aah a~ ~~r~s7 ' ~onbh ~h~r~efter natil paid in lyll. This note mey be pre~~sid in ~.hole or in part alter- one rear (rom the dace hereot upon payment of a penalty equivalent to two perrent ot the principal sum prepaid. Each installment Fayment sha11 be rredited Iint on the intetat due, and the remainder on principal: and interat shall thereupon cease upon the prind~t so credited. The makers and rndotstis of this note furthtr agree to ~raive demand. notice of non-payment and protat. and in che event ~uit shall b~ brought for the collection hereof, or the saa~e ha: to be tollecced upon demand oE an attornrr, eo pay reasonable actorne~r's fea for making such collatioa ~ DeEerred papments hereunder shall bear intvat a~t the nce of tea perrent. ptr annum fto~ maturity until paid. t This note is secured by a mortgage of ~ dite he:t~ritl~ and is w be oonstrued and enforced acca~ding to the lawt oE che State oE Florida; upon default in the payment oE prinapal and/or interat ~rhen due, the rvhole wm of prinapal ' and incerac remaining unpaid ~all, ac the optian oE the bolders. beoome immediacely due and p~pble. , Albert Bell (S~.~ P?ep~red b> Spieler ~ Tendrich. Attomeys. Algerine w• ~11 I210 Bisc~rne Blvd.. Yi~mi. Florida ~`SF~~'~ snd ~hall perform, complr rvith aod abide by e~ch ~nd eveiy the ~tipulatioo~ aRreemrnta, coaditiow aad coveoant~ of wid promiw.r~ note and of thi• d'ed. lhen t6i~ dred ~nd the rstate thereby ereyt.d ~hall ee~~e sod be null aod void. 1. The MortRa6or 6ereby eovenaota and a6ree~: 1~1 T~ Mr ~11 ~nd ~inR~l~r tAe pri~eipd ~nd iwtereN ~ed ~tl~~r ~~m~ ef ~e•wer M~+?k br ?inue ~t ~id prNniwry n~~e ~wJ ~b~• II deed, ~r tiJ~er. Ptesp~l~ ~o the d~r ?esprct~~etr tbe ~e ~t~~r~l1~ bec~n~ea dre. j Ibl T~ penni4 c~meul w~aQe~ w~ ~r~Me ud ~o m~int~iw ~Le ~mpr~v~meeL ~1 dl timet iw • s~ue ~ood r~pair s~ e~ndi~~~o: •nd ! d~ ~r pren~it be d~ec t~ ~id P?ta~i~es w~tAi~R tti~ ~.ill dter ~t ~h~n~e the we ~wd ~h~r~~ter of w~d ~oPeM~ •r in ~n~ .r~~ imp~ir or ..c~kew the ~ee~rit~ ef ~i~ ewr~~Re. And iw eue ~i~e refu~al. eeRler~ ~r iaabili~~ d tbe M•rtpR.< rep.~r sod a~~su~• wid P~opc~y. t6e M~np~ee ~u~. N?i~ wti~w. w~kt ~+eb rep~ir~ nusr tbr wne u be ~ac. ~d ~~e ~n~r i~ ~t be6df. ( c 1 T~ ar ~ll ~wd ~inRular ~he t~xd. wa~w~ew. levia, lisbiliti~. ~ad ~blipti~ ~t- ereq~ Mtwe w wii Jeseriher ~r~pcnr e~~h ~nJ e~er~ rhew dre ~nd Mr~l~le ~~eerdin~ ~o I~v~ bdKe 1?cr bccenK Jdiwauew~ ~nd te ~eli.p ~Ae MKtp~ee ~w ~r be(~re M~r~b IS~h of e~c6 ~ear ua rere~Ot~ e•ideneiaR Ihe p~7~e~~ dl l~wrfull~ ioPwed uses ter tbe Preee~iiws tdewds~ ~ar; t~ iedems~f~ ~h~ M~npRec ~~n bi~ dcs~nd for dl t~aea, wewn~nu wJ cL.r~.. dw a~.r 6e ~~~xd ~p~w tLi~ Mrtp~e ~w IAe iwdeMedwev ~ecarod berebr. ~nd p~id b~ -ae msr~pRK, ~.i~hout nprd ~n~ IN+ ?eee~~fKe eeaned ~r her~~ferr t~ re ewK~ea i~pMi~~ araew~ ~f the vi~ele ~r ~nr p~n lhere~( upen ~he MortpRtt. (d) T~ ~Il ~nd ~ioRul~r the cNu. c1+arRu aod tapawt~. ~OlIYd1AR I~Mrtfj /ees uiA •bNnct c.u• .e...w.blr ~weurre~ ~r p~id ~w~ tiwe b~ tbe Me~R.R~e 6cc~uw ot ~he f~ilure ~n ~Ae p~et ~f ~i~e M~etpR~r a perlorw. c«uol~ .ri~? asd .b~de b~ acA •nd e.e.f ~be Nipul~tioer. ~Rreew~ewt~. cond~~~on~ ~nd eerenu~v e/ wid P~+~iuory n~te ~wd thi~ aeea. K ei~ie~. ~w~ evee7 wc~ ~~ewt ~l~11 bear iwte~ frNw d~1t N ~4e r~te ~1 ~~n per cew~rm pe~ ~wwwn. lel I1 i~ fr~ther c~~eeanted wJ a~reed b~ wid p~Kie~ ~t i~ ~he erewt d• sui~ 6eiw~ iwuit~ted i~retlwe t~i~ m~np~t. I~e JM~rt- p~ee dull be entid~d te ~opl~ ~t u~~ ~irwe prndiuR ~reb /~reelM~rc wit 1~ tAe t~ l~v~~ jwi~icti~w t`eswt /~r t~e ~{?~~w~ent ~t • reeeirer el dl ~nd ~iaNl~r ~be m~rtp~ea pr~perly. u~d dl ~em~. iacMr. ~~6u. iMUa~ ~wd n~ewYa ~6s~e~f. fr~s ~.6~we~sr : ~~wee derired; and thereupon i1 i~ herebr eip?eMl~ e~rew~ated ~ed sRreea t6~t ibe Gyrt ~ll /~nlwitb ~~i~t ~ncb reeeiver .ilh ' ~Ae WYaI po«er~ ~wd d~~ie~ ef nwi.en in like cwa: ~sd ~id ~~ieln~ewt ~II b! aNa! tl~t e~u~! N~ e~~~le~ ~ Nnet ~i~11 Ie ths M~rtpRee~ ~nd ~+i~b~ut ret~~encc te ~.d~awcr ~r iwde~cr e! tAe ~•Iue .f J~e p..peny hereby m.nR.~ed. ~r ti~s ~~Iven~r ~r iwlveaef ~f t~e MnrtpRor~ ~r ~nr e~ber P~rtr aefend~al t~ suth su~t. T!K MortpRor bereb~ soctibully w~~•e~ 1Le n~tb~ te ~bj~et N tLe ~~istmenl ~f ~ teeeiver d~rewid ~wd I~erca~ aorwlr c~n~ena thu ~~eh ~pp~iwteKwt ~ball k aNdt M M~~w~tt~d ~ eq~it~ u~d r• rw~tter of ~bwlwe ri~h~ t~e M~rtpaee ~sd tdt the ~a~ne nw~ be dene Mt~INYI wNiet 1~ Ihe M~etppr. ~ ((1 il f~r«INUrt precredinp ~bould be inqituted •pirt tbe Onpctt~ e~ve~ea br t?i~ w~etp~t yoe snf ~~6er licw ~r cbun whstLsr I slle~ed t~ I~! ~YPl~fN jrn~ t~ 1hc I~ew e(. tl~i~ wselp~e. tbt M~i+p~ee w~~y ~t hii ePuew +~nmedi.klr ~pee ~mtitu~~~~ ~f ~u~A ~~it or d~rin~ the Pendewe~ thered decl~rt Ii~is ~wtp~s ~ad tLe iwd~L~edwew .ecrred ?..eer are .wa p.~sbk 1.nh.~~h •wd w~~r n ~ 11~ ~~tiM Pf~tKd t~ /ere~~~K thN ~~I~A~R!• ' 1'1N1 ~ie M~nppr ~?ill keep ~11 ra1 ~wd oen~Ml ~~pe~ Mv hr«slter cneu~w6~red A~ ~At li~n o( ~hi• ~n~r~p~~ ~w~~rtd ' r nw~ bs requ~reJ from ~imt to I~~ne bf ~ Mertp~ee a~un~~ I~M br bre. r.ind~torn~ •nd oiher has~~~ls. ~~~u~lun •nd tenun~ew«~~ f~r ~rch peri~ ~(N w« !w ~I~~w ~h uwwwr r w~7 rs ~etrirsd br ~he M•np~ee .ed a p.~ Prrw.Pdr r6en d~t ~11 pr~m~urn~ f~r ~reh inwr~w~t. Tbe aw~uwl~ ~f insar~wce ~earind L~ tLt ~1~t~lt~lt~e ~1a1) bt 1he minimww ~~no~wu f~r ahi~h ..~d ~n~ur~n~• •hall be .rrinew ~wa it ~11 be i~e..n?ew~ ¦~.w J~e M.n~.pr s.iauin swh ~daiti~~l im~~u~ce w wur be weawa~~ ~o rnert •e.l .en~pl~ f~ll~ w~~h ~11 c~inwr~wce ~e~rirawewu e~aiwea in wid Mlieir u tbe ewd that the w+a M.~„.p. i~ n~t • ~a~nwror ~6.~•und~? INYf~Mt ~It re writ~ew 6~ • ~~rnp~n~ ~r c«aNwiM •~pt~r~d ~r desisa.~ed br ~be M~nR~~•e .nd ~11~p~I~~~ ~wd renr..~la ~A~r~o! ~6d1 be ?ela b~ tAe M~~tp~ea All deuilea ~ips~iw h 1he M~rlppr abith ~~e ~ece~~cd br ~IK M~np~et ~nd •U •~tr~~n~cnu ?et~r«q MKtp{et ~ M~etpite relNinR 1~ ia~a~c~. N+ etiu~n~ K heredler oNde. ~11 b~ in w~~1~wR ~w~ ~6a11 6r • ar~ of w~~AM~e ~Feement w fYllr ~ 1b~~~ ~e1 f~Ai~ rerb~tiw i~ereiw ~na ~11 ~~~e~w 6~tA we~i~~ herd• ~nd tbe~? wcaewt• •nJ •w~~n~ ` N~ II~A Y~M ~w~ ~1 ~~iap licia ~l inwrwee ~r ~p~w w1 ~dw~ ~r nturw o~enuurn .h~rA m~y br p~f~ble ~e t`~ t~MtIIN~Ow ~ ~enw~wuiM tbered. ~U `t Rirew 1~ ~~et th~w ti~ M~e~ppe, taae't ~n~lors~~M •15.•d .~~b P.I~~~ .wa .Pp.o..d b~ M~rtpre, E~c? rlie~ d iw~w~wes ~11 hase ~iid tl~en~~ ~ Sawd~td ~iw Y•rk M~n~.Re. l:l.~~. .itl~~w (:~anb~u~e, e~~~~n~ •11 1~ ~r 1~ aaer ~rch Nli~> >~ble ~?e M~rt~~e+ w ks iwtneM rw~~ ~yPe~~. Iw IM ~v~M ~e~ ww~ ~ue~~ d~newe~ Mr~mr Ml~~ ~~n~^~~ M~~a~ ~1 Iw•e ~?e Nti~w reteive ~u, ~opl~ ~M wme ~n Kr~rnt ~l ~h~ ~wAeMedw~s~ her.~b~ N~Y~I~I. a oe.w~i~ ~I~e M.e~w.~« u reesi.e .wi we il. N w~ MA thv~~l. wi~Ma ~Aeresr w~~~~e~ ~r ~~p~~~~w~ ~w~ e~ay. I~~w~ •r n~h~ _ ~w~ ~inre d I~is rwNtp~t. Iw weM d Iw N~ri.al d~w~~~~ t~ d~e ~w~e~ssRea Pr~Mn~ tiw Mnns~qt ~Mtl p~~ -~~w.- Ji~w w~tfa d~e~/ b~w.il a~e M.n~.~ee .w1 ~ M.npR.e way w~~ke a~f ~l 1~ ~iK Mrwe ~ w.~i ~r~Ml~ ~?r a ~ - • . 8110K~r~~ , . ~ ' ~U~ ~ , - - ~ - ~ ~ ~ ~,_r. __f~~ . ~ e~~ -