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HomeMy WebLinkAbout0665 1[ICBOFILY YB~[0 . Legibility oi writin~, typina or , printin~ mnsatiaisotory in this • ~ ~ t;~j i ~ • • , t } . docusent for sioroiilafng. • PRQVIUEG. AL~VAYSr t6at it tbe Moet~~or ~haU pay unto d~e MortRa6ee ~!k iad~btedaa~ evideaced br ~ o~taie pe~ow~i~oe~ ~ote ot ~rbicl~ the followio~ ie ~rard~ and 66u~ i~ a true capr tawit: ? I /KaNt9fi~ /~0~1 I i 3~~~ Miaani. Flor:d~ a~O~i! 1 -19 ~ FIIK~\ U.t~E IiF.('EI~'I•:11_ w• ,0~~ va M~~~ pn~mi~• tu pay t~~ tln• ~~rd~•~ oI' 1'BIJ+IP ~Ar1D e~Ad l~A:.:PQw ~iAAD h1e1 • i 1i~c princi~wl ,nm ~~f~ ~~11 ~I1 .I.. tu~~•tluv M•itli int~~n•~t ~ th~•n•~m fn~m d~l~• of tb~• rat~• uf l~•n ~N•n•~•nl. ~N•r annum until maturil~~, lwth princi~~l ~nd intenwt IN•iu~ p~yahl~• in I~w ful monc~~ uf th~• l~nit~•d ~talr. ~t •.'.r•'.1~~ lii~•ayn~• ItIvJ.. 11i~mi, h'lurida, ur ~t wcb ulhrr pl~~• u., th~~ huldrn h~•nv~f m~~~ d~•rit;ualr in writin; . i Prin~~i~wl and int~•r~••l pa~•~blr in in.tnlln~~•n4. a(ollowr: D eiiD~i~r~l9~~ e~ ~ ~o~s 1~~l1~ ot i~o~~d~~»s71 • • i~~t . ~1 llMrwt~es ~atil piid i~ i1~2.1. This note may Ix ~zrepaid in Hhole or in pan after one year trom the date hereof uEwn payment oE a penalt)r equivatent to two ~xrrent o[ the principal suni prepaid ~ Each installment piyment shall be aedited iint on the iaterat due, and the remainder on principal: and intetat shall thereupon cease upon the prindpal so aedited. The maken and endoners ot this nott furt6er agtte to ~raive dtmand. notice oE non-payment and protest. and ( in the event xuit ahall be brought for the collection hereof, or the same bas to be collected upon demand of an attorney. co pay reuonable attornep's tea for making wch o~Uectia~. Deferred piyments hereunda sball brat inttrest at the nte of ten peraat. pa annum hom maturity until paid. This note is secured by a mortgage of even date heze~rith and is to be oonswed and enEorctd acrnrding to the la~,n oE the State of Florida; upon default in the payment oE prinapal and/~ intaat when due, the rvhole sum oE prinapzl ~ and incerac remaining unpaid shall. at che option of the holders, beoome immediately due and pa~rable. James Jacobe ~5~~ Preprred ~y Spieter b Tendrich, Attomeys, ~$njlie Jaeobs /S ~210 Biac~rne Blvd.. Yiami. Florida l aed ~hall per[orm. complr with and abide br e:c6 aad every the ~tipulatios~ a~r~een~nta, coodition~ aed ~oveaante of ~aid promiwory note and of this dr:ed. thea thi~ deed ~nd the dtate thereby ereat..d ~I~sll teare aed be nnll aod roid. 1. The Mortga~or hereby eov~naats and a6rees: /~1 To pay dl and us~ular tbe pri~cipal ~nd ietere~t ~ed ~tl~er sYnu ~f w~se7 Ml~k b~ ~irtue ~ii ~t~miwq w~e ~sd ~bi~ deed, ~r eit6er, prNrptlr en the d~ri re~pectirel~ tbe wo~e ~eoenll~ bet«oes drt. ~ Ib) T~ pen~iy c~o~wit ~r wter m~ru~e ud to maintai~ ~e uops~vc~ew N aU tima is •~nte p~d re/~ir W t~editiN: ~sd ~o do or pcnnit to bc deae ~o wid Premi~a wahin~ tlr~1 will dte~ ~r c6u~e tbe Me ud ~t wia K~~ ~r ia a~~ w~y imp~ir or ~rakco t)K ~ee~rilr ot t6i~ morlpRe. And ie cue ot tbe rtfwd~ ~e~letl ~r iM?ilit~ ~t t~e M~rt~ u?~ir ~wd w~iw~~ a~id proptrt~, tl~e Mortp~ee ~na~. ~t bu eption. make ~rer rep~in sr uwc t1~e wwe u~e wdt. a~ ~/vrce ~weT~ i~ tVt beVl(• Icl T~ par all awd ~in~ul~~ the ~~:a. a~menb; Itvin, Uabilitid~ ~nd ~lipti~ ~ erer~ rtrss ~wi~ i~eri~:/rNet~7 ~b wJ e~enr rben dne ~nd p~~~ble ~ceerdin~ to .lav~ ~dKC ~LeT 6ee~mc deli~qrewt, ~pd t~ deliwe~ N die M~y~Ms » N?el~?t Mateb 15th et-eich ~ear u: reeeipts cvideaci~ t6c q~meot oI ~1 la~+fully im~ed tues ~ tbc pteeediuy qle~iu 1~ i~dem~i(r tLe Me~tp~ee up~w hi~ dem~ed !ot ~11 taxca, ~aca~menu ~wd c6a~~s dwt m~r be ~~p~w liiis ~~e~iw /Lt ~ Kcnred berebr. ~od p~id 67 ~ m~rtRa~ee, ~rithout rep~d te ~a) I~w beeet~isre ea~etea or bereaker, li ~t e~e~eJ i~/Mi~ M7w~ew~ 01 tl~c vhole ~r mr p~K theceef upon ~he Moc~R~~ee. _ ~ ~ . , _ ~ ~ Id) 'I'o a~ dl u~d uasnl~r i6e cwu, charRe~ ~sd e=Pew~es. i~dudiw~ (aw~en' (ea u~ ~b~t?~et eMq eea~bl~i i~c~nd K Mia u~ time b~ tbe M~rtp~ee bccauk ot the (~ilure on the p~rt ~I ~he !It~rtp{~r t~ oerf~ne. e~plr ~ritr ~ diit b~ rel~ ~wd e~ery tAe ~tipulnioes~ ~Sreemeata. eondi~~om ~nd ~oveeanu o( w~d p»miwoq a~ts u~ t~~e~. ~r ci1Lt?, ~ treh we~ /~~ewt ~isll ~ bar iuterat from d~~e ~t tl~e rnc of un per centum per ~uwurn. le) It i~ further c~~en~ated ~sd ~pced by Mid Partin t6~t i~ t6e evem ~t • ~uit 6ei~ ia~tiwtea t~ /~reti~e dw w~etM~t. Iit ~bet- aa~ •h.n e< <.~~~~a .M~r .c ~i~we pendwR wt6 l~reel~wre wit tbe ewrt I~w~ jrei~iiefiM ere~f tK tie w~i~est ~t • reeei~er ol dl aod ain~olar ~6e m~rtiased P~~pertr. ~ad aU reau. i~e~. M'~~? irw~ ~ n~ewa ~en~f. f~ rrWwe~sr Nutee derived; aed thc~eupon it i~ hercb~ e:prewlf e~~ewute~ ud ~~cea 1Vt t~e CNtt ~Il /~etlwill~ yMi~t ne~ esea~ with t~e ~1 Po~+en a~d dutie~ el re~eiven in like c~a: ~d rid ~i~ts~eM ill be MJe r~ tMe twA r~ s~Nter ~f Mriet ri~t ~o tbs MKtp~ce, ~nd ~rit6out refercace ts the ~deqwcr ~r iwdeqo~er ot tbe v~{ue tie ~pettr ~r n~Ntp~ed. K t~ Ibe Nlveu~y . w iwlveaer ~f ~Ae Mwrtp`ors or ~n~ st6er p~rt~ ae(eod~~t u~scb ~ui1. Tbe Sl~rt/~~ ~ yeeiie~ll~ ~r~iva 1re ri~Gt t~ .r~ e• d~e a~.~eu~ .t . rc«~.e~ .te«..~a .,~a e~~r en?w~r ~.w.ew~. ew~ ..e~ ~Mf~lM ~II ~t M M ~A~11~tted p~i~7 ua N• wqer of ~bwlnte riRhe t• ~he M•rtp~oe asd tLN ~be wae sNp be ~oe «i~ww M1iee t~ t4 M~nF~. If 1 lf t~rcelwure pnecedinp ~h~uld be imtituted ~pia~t ~ie/r •~eny e.rers~ bp t~i~ w.e~p~s ~.w ~~e~ lie~ K el.i~w w~~ dls~d u!ie superior or junior te ~he lien of tAi~ a~~etM~e. tlie M~np~ee mq ~t hin ~piew iwMeaiMdy ~w ieNi~uti~w aKh wit ~r durin~ the peedcaer ~be~cd declare this ~o~rtp~e ~wd tie ind~b~edeeN ~eewea rereb~ dve ~ MrNe betlwit6 ~wa wwr ~t iu ~p1i~~ ~~eeed te foreclMe ~!w we~t~Re. ~ t~l 17~t tLe MKtp~ ~rill ktep ol red ~nd ~ers~~l ~p'erV n~.. K i~tiftet ewcus~b~rei b~ tAe liew ~t thi~ ~n~rtp~e isw~ed r_wNr bs required /rom ~ime a u~se br ~be M.np~ee •pia.~ 1... br ire. wiAdal~ns ~ad ~tber las~~dh t~wal~~es ~wd ~~~e~tewrih (~r a~ perieds aaa IK wet !eM tlan ~u~6 •~neu~u ~s ~r Ye ee~ired br tbe ill~rtp~st u~d t~ N7 P~~MN~f ~+`ew dre ~1~ or~mium• t~~ ~YCb iawr~wce. T7~e wounu i~sonece reqsirea ~ tlis 1/ertp/ee ~11 be the miai~nrw a~wwu ~~t ~+hieb Mi~ iww~~M~ ~hall f Irc «rrit~ew qd it Jdl 4e iwnts~bent tLe MKtppr t~ Miwis ~dditi~l in~u~nee re wec~?~ t~ wert ~nd ~ow r ~ tdl~ ~+i~A ~U c~i~wnace rehiren~ent~ ~~MSiwea ia Mid Nlicir N ad 1lut ebe r~d M~r1p{~r iu wN • h-iwwrer thrr~uo~r. " I~wr~wec ~lt be r+rit~e~ b= • comp~e~ cwnMwie~ p~.•..r daipae~ 6y ~be M•M~.~ee .wd .II~~ulit~a ~w/ rewew~b ~?rof , ~ll be ?ela b~ ~be Monp~ee. All d~u~led daipni~wr b~ tbe M~nppr ~.bie~ •re ~ece~ea bf tbt M~etM~ee ~ dl ~~~~uewa 1 `etw~w Y~Ap~ot ~i YKtp~ee relNinR t~ uwr~we~. Mw aistia` K~e~e~fter w~de. ~11 re iw «ri~iw~t ~id ~11 re ~ Mrt ~f ~Au ~ ~~n~ye ~Rea~wewt ~ fdlr ~ tMu{h ~et f«il~ •erbstie beeeiw ~nd ~II p.erw ~h anies he~~ swd treir ~e~w~s ~ad w~~- 1V~ liew ttMw aw~ ~f wid lieiw ot inrrrs~ce K a~ w~ rdund er retura pree~ium ~+hi~h bc o.~•bk N trt c~wttllr~~ow •r tenwiwqi~w t6ete~f. dall ~ pree t~ o~iet t6M tia Mertp~, eseep 6r~p~per teJonannN ~~ised we` Mli~~ aw~ ~~~vcd b~ MKtp~ee- E~e~ M1ie~ ot iirw~wee ~11 b~e ~Ifued tl~e~a~ ~ 5u~~d~rd T1~» Yo.k M~nppe~ t:l~wr vril6~w C~atn6wi~„ m~k~eR all Iw ~r I~a ~sde~ ~uch Mlic>p~ >.ble a ~6e M.rtp~ee ~ M. iw~erew w~.r •Nl~f. IA lbr M~r wrn www ~f ~newer br~om~ M~~?k therconAs. d~e M.ripR« dull b~.e ~be htiM a rceei.e and .~lr ~he ..~ne ~eYa~ ~ ~Ae iw~e?~e~a~ Ae~~r ~und. ~r t~ oenwit ~be MKtp~ u«cei~e ~wd we it. ~r u~~ p~et 1w?e~f. ~ritl~wt thereb~ ~r~iviw~ K iw~iriwR Mr epi~r. 1' ~t nRh~ wider aaa b~ virt~e d 1bi~ ~n~rtpRe. lw •~em ~t I~ ~r ~rird d~m~R~ ta tl~t mNlpMed PrN?fty tIR M~H~a~Ot ~1yll~v~ ~w~w~~- ri~e w«Ice tMered 6~ ~uil t• d~e M~rtp~ee and d~e M•NpR.e wur m~ke pr~~( lw it IIw Miwe i~ ~N w~~ pt~p~ly Ay ~k ~ BaoKi74 ~6~ ~ . . .