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HomeMy WebLinkAbout2631 ~ , > : : ' E . ; PR(1VlUF.D. AI,~VAYS~ tbat it t6e Mort~a6or ~hall pay untn the Mo?1RaRee the ind~bteJneN cvidcne~d bp s °~ia phwiw~7 ~te o~ v~?6id~ th~ tolMwias i~ w~d~ ~~d t~6u~ i~ a tn+e eopr tawit: i ~ /KaN~~ ~0~ ~ s Miatai. Floridz 'Tul7 13 .19~ ~ ~ ~ 1~111i \~I.l'h: Kh:(:1~.1~'h:l)_ I pn,mi~• tu pa~ ! t~~ th~• u~d~•r~~f_ th~• prin~•ipal ~um uf u~ O e a )Ill.l.:~lt~. IU~N(IIPf N'IIII IO~rn••1 ~h~•n•un fn~m dat~• ~~f tlu• rat~• uf t~•n ~N•n•~•nt, prr :~nnwu until mxlurily, t,uth principxl and inten•~t b~•in~ payabl~• in IawGd munr~ , ~~f tl~~• I~nit~•d ~tat~•, -rt Iti~•ayn~• KIvJ., ~liami. hlorida, or at Kuch olhr.r plac~• a+ thc I~~~Id~•rs hrnx~f may d~ :.i~natc in N ritin~. ~ Prin~•i ~al and inl~•n•~t pa~ablr in in•l:~llm~•nt~ a~ fulluws: ~ Th~rt~ (~30.~0) Dollare per month~ for iiit~-nine (59) eonaeoutive ~ monthe, on the 15th d~y ot each and evezy month beginning on the 15th i d o! September, 1968, and aontinuing until the 15th day oi august, ~ 19~'13, a~; which tine the balanc• ah~ll beaone due and p~?r~ble. , , . ~ I This note may be prepeid ~n whole or in part after one year tmm the daee hereoi upon payment of a penaltr : ~ equivalent to two percent ot che principal sum prepaid. _ j ! Each instaltment payment shall be cTedited fint on the interat due. and the remainder on principal; and interat ~ shall thereupon cease upon the principal so credited. The maken and endorsers of this note Eurther agree to ~vaive demand. notic~ oE non-payment and protest. and in che event cuit shall be brought tor the collation hereof. or the same has to be collected upon demand oE an attorne~r. co pay reasonable attorne~r's fees for making wch coUe+ctiai. I Deftrred parments heneunda shall beu interest at the rate oE tea percent. pa annum from maturity until paid. This note is secured by a mortgage oE evea date her~n?ith and is to be oonstrued and ai!'orced according to the lawt of che Stace of Florida; upon default ia the pa~rment of prinapal and/or inttrat ~?hen dne, the whole sum of prinapzl and inceresc renuining unpaid shall, ac ~he optiaa of the boldeis. beoome immediatdy due and pzpable. j ' Lunie E. Abstein ~S~,~ i ~ : prep~red by Spieler b'fendrich. Attomey~. ~ ~210 Bise~yne Blvd.. Mi~mi. Florida ~SE~.~ aed ~h~ll perform. eomplr ~?ith and abide br eael~ ~d every the ~tipulatioo~. a~treemrata, eonditiow aud coveoaot~ of saiJ promi~?rv note and of thi~ de~ed. theo t6i~ deed and the estate thereby creat..d ~11 cca~e ~od be null •od void. ~ 1. The Mort~a6or 6erebr eovenaot~ and asreer. ~ (~1 T~ y~y ~11 ~ ~~ARYI~~ ~Le ~i~ci~l ~sd iw~e?eN ~wd M)wr ~wes d ~..~r p.r.?Ie bf ~i~tue Mi~ ~r«niwry n~~e ~uJ th~~ deed. ~r eiti~er~ ~r«.ply ~n d~e d~~ raypeeti~d~ ~tm rwe ~everdl~ ?ee~mer dre. Ibl T~ Penni~ e~mw~it ~r sn<er m w~Me ~wd 1~ m~int~is tLe napr~vemenY ~1 aU.timn iw ~ ahte ~t pod rep~i~ d c~sdi~~~n: ~nd ~ ~o de ot perrn~t bt dent t~ rid Preo~i~a n~tAie~ th~t ~ril) dter ot tdn~e the we and ~h~r~eter of Nid pro~ee~~ ~r in ~n~ ~ imp~ir or ~.e~kes the ~eetiri~r sf thi~ ~rt~s~te. Awd in cue o( ~e refra~l. seRlect or iM~ilil~ ~f tLe M~nppr t~ rean ~d o~~~~u~• t uid propen~. the Menp~ee d~u eMi~w. ~ake weL repai~~ er e~w~ the wne 1~ be Mde. Nd ~nwee ~u~wel~ i~ that bedlf. y E ~ c 1 T• ~?.r dl ~wd ~:nR~lar t1~e uad. aNeww~ewu. laries. li~bilitia, awd ~blip~iom ~f erer~ wwe w wd de~cribeJ Pt~pee~r u~h ~ ~nJ eveq rrhew dne ~ad p~yal~le ~ctKdinR 1~ 1~~+. be(Ke t~er beeeme ~kliwque~t, a~d t~ ,delivet t~ tbe ~~rtp{ee ~w ~r bef~re M~rel: IStb tach ~e~r ti= rerapu evidencinR tbe p~~nnce~ d dl I~wfuU~ ioPwed tua f~~ tl~e oreosai,~ e~le~dsr ~ar; t~ indems~fr ~h~ ~ M~hp~tce ~p.w A:. de~w.ed fo. .11 wewn~ou •eJ e6.r~s ~b.i aur be ~sse~~ed Y~q lLM ~~AO~t M Illt ydl`ttdlKM ~lCYfld i~erebr. and p~id b~ ~l~e mor~Ra~tee, ..i~heu~ reprd .a~ b• 6eeet~fKe nuned ~r I~ere~f~tr 1~ be erttd i~p~si~~ Mpwew~ ef tbe .hele ~r ~nr ~n there~t ~psn ~hc Mertp~ee. (d) Te dl u~d ~iaRular ~he cNU. eh~rRd ~ed e:penK~ I~CIYd/As I~M~tf~ fen and .b.uset c~~ ?ewwbl~ iwce~red •r p~id ~t sw~ tiw~e b~ tbe YoetpRct bee~uK o( ihe (~il~~e ~n the p~t ~I ~he M~rtp~er l~ Pedorai. ewPl~ writi ~sd ~6~de br aeh ~od erery tAe ~tipul~tisns, ~peew~esu. eoediuom ~nd ~oven~nu ef ~aid oniwiwory n~te ~sa thi~ Jeed. ~s eittie?. ~wd erery wc~ a~ew~ ~11 besr i~tenat fr«w ~It N l~e r~le ~ ten per ttM~m pe~ aw~~un. lel I1 i~ I~rlber t~ttaaated ~sd ~Rreed b~ wid Ps~tin tbt io tl~e evem ~f • suit bciwR iwNiwttd t~tetl«e 1bi~ mortp~e. 1be M~n- p~se ~1{ be eeNitl?d 1~ aOplr at tia~e ~nd~uR ~rcA /~recl«ore Nt1~ 1~ {I1t t~Yf1 IYY~~ )YfNd~C1~M s`ere~( t~r ~e ~~istment ~ d a reuire~ el dl .nd ~inNla~ ~be m.np~cd pr•pen~. ~ud dl renu. ioe~sar. W~6u. w~a ~wd rs+rew~a ~ienMf. f~os wl~wevsr ~~uree deri.red; ~nd thc?eupen il i• hereb~ esprewly e•.e¦.•eea •ed •Rrced ~6a ibe Gan .h.U t•.aw:~ .~.in sa~4 recei~rtr ..i~ ~ ~he ~wl pe.+en ~wd du~ie~ uf n~eriven in like ca~es: ~wd a~id ~~inta~ewt ~6sU be s~ae br tbt t~utt M~ alle~ ~f NriA ri~bt 10 ~ ihe M~npfee. ~nd .+i~6out ret~rcoce te thc ~dcquacr ~r iwde~c~ o( tAe ~.tue .t ~be oropeny he.ebr m•nR•~~d. ~r ~l~e ~el~ene> iw»Ivewt~ ~t tIu Mnrt~Ren ~r ~nr e~ber p~n1 defend~a to ~ueh suit. The M~rtpRo• benb~ ~peei6ullr v~iva tLe ~iRh~ te •bj.e~ a ~be •~.ioe~~n~ of • recei.e~ .fo.cw~d .wd ber~br apre..lr ~ensean th~t ~~ch ~poointm:nt ~hall br aude u rw ~drnu~ed ~ e~it~ ~ r• n~tter o~ ~bwl~tc ri~M ~be M~rtp~ee ~sd tlv~ ~he ~ame rnay be deee wi~Mu~ we~iee t~ ~Fit M~rtpqr_ ~ (/l If /~reele~u~e pr~credinp ~h~uld be inpituted ~pia~t tbe pr~pe~t.• e~vered b~ 1?i~ a~rtp~e opn awr ~~u liew w claiiw ..hetLc: dle~cd Ae ~uperi~r o~ j~nio~ ~o the (itn of ti~i~ w~~etp~e. Ibe M~rtp~ee nuy u his o~tiow immedi~ul~ uPee im~is:uiew ~f w~h ~ •uit ~r ~rin~ the Pendt~er tbe?eof deel~re 1i~i~ swtp~e ~wd tLe ;ea~b~edwew .ecerea ?e~eb~ dre .wd o.~.bk ~•nA..~~h ~wd w~~r ~ ~b ~~tiw Or~c~ed t~ foredae 1hi~ m~npRe. ~ ~fl 77ut tLe Menppr wiU keep ol rul ~nd Otrseeal propeM7 n~~+ ~r bertdler enc~a.b.red bT ~he li~n ot ~Ai~ m~?tpRt ~n~~?ed ~ ~ inar be ?cq~i~eJ from ~~~e u~w~e ~e M«+~.~ee •w~w b.. br 6.e. wind~tonu ~ed otb~r h~wrd~. ~~~uslae~ ~ed ~om~nRcwc~.~ ter •~ch oeriod. awd na le.s ~b.w •ee6 •~.uwa ~w.r re .eq~~red br ~he M•~s~.~ee •nd ~o wr P?~~~p~r v~n d~~ ~11 pnm~~un• ~ f~r ~u~h inwr~wte. The uownu in~unwce reaoind b~ tbt 1l~rtlt~IKe ~~al) be the mini~no~n ~~nounu f~r vhi~h ~a~A ~nwnn~~ •ball ~ I.e rr?ittew ~wa i~ ~sll Le innun~eM ~Mw ~e MNtp~ Miavin ~nel~ ~ddi~iowd im~tu~te w wur be aerswr~ to ~nar~ •nd ~on~pt~ ~ IrU~ anh dl t~iawnwee ~eari~cw~eau coN~iwed in ~ud Hlicir 1~e ewd tha~ the w~d M~np{~r i~ n~~ • ~~~nw~o~ d?~r~u~~d~r ~ lnsu~~wce ~h~lf ~e vril~ew b~ • t~~np~ny N cNnrwiM •~pr~r~ ~r desi~led br Ibe M~rtpKt ~nd ~IIpn lu~ ~nd rene.~l~ ~A~r~of ~ .r.ll be seld b~ ~Ae Morsi.iee. A11 d~a~kA ~.ip.~iw ~br M~rtp~~r ~rbieb ~re ~ccey~cd br ~A~ M~npset ~nd •U •Rr~rr~em~ ~ kti~ M~p~ ~ M~tpjee rdstinR i~~. NM esis~in~ K bereJ~er owde. ~ball b~ ~n vn~~w~ ~sd ~11 br • p~r~ of tl~u w~~etp~e ~peew~ew~ r~YII~ r tM~~ ~et (~nh n~b~tiw betein ~nJ ~11 ~~~er~ botA ~e~ies Ae?et• ~nd ~beir wtce~wr• •nd •w~~n~ N~ litw rNw ~w~ d wiap lieia iwwrwee ~r ~~w s~~ re~nad ~r r~turw pren~~uen ..h~~h m~r br p~~~ble ~e tL~ ~~n~ell.~~on ~r f~ teew~iwNi~w t4tee~1. ~U `t prew 1~ N?et /1ww 1?~ M~ttli~iK• n~~ el~ p~~~ ~~dencn~nt ~Iri=ed w~b wli~~ ~wd ~pPro.~d b~ ~ M~ApMs. E~t? /dicy ~f ~w~ti?~wce ~11 b~se ~ea tberNe • 5u ra T1iw Ye•k M~np~,e. I:IwK +ri~~wt C~~~ns~u~n, m~l~eR •11 Iw K Iwi~ aau ~reb Nlic> >~ble tLe M~~ M i1a iwteeeN ~u.r •~oe••. Iw ~A. ~..n~ .e~ wm ...um..1 ~wo~y M~•n~~ u M1~~ ~nr~~ M~etp~~e 11 lu~e 1`t ~/li~w 1~ nttive ~wd ~Ppl~ IM w~ne ~w ~e~~rnt d 1A~ iedeM•d~e.. Aer•br ~~~u~~d, ~ M t~ Oe~w~il IAe M~etpp~ h receire ~w~ ws jt, N~q ~M1 Uwe~/. ~i1?~~t Ihere~~ a~~v~nR ~r nspaneR ~1 ~W~~y. lKn~ nRA~ ~ ~wder ~ h ~i~trs d 11w s~etp~e• Iw weM ~f Iw~ N~rird d~iu~~~ Iw ~e ~wwet~Red P~~K~~~ ~In Monp~~~ ~Mdl ~hv~ iwun.• ~i~w wMia ~M~eA N w~il d~e MMp~ ~w1 ~Iw M~np~as w~ w~ake 1«~ ~f dw Mw~e n~ w?.k p~mMl~ 1?~ ~k ~ s _ _ _ . _ _ - _ - - s~ 4-: _':$K _ ~ _ . ~