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Home My WebLink About1367 PitOVIDEn. ALWAYS. thst i[ the Mortga`o~ shall pay unto the Mortsasee the indebtedness evideeced by a certain promi~sory nole ot which the followin~ in words and fi~uces is a ttue copy to-wit: ~ ' ;.~l~~Q.~ Miami, Florid. ti11~1 ~ 19~_ FOR11l~J1DOR~ T ~l t pn,mire cu wY to the ordet ot S ~ the ptincipd rum ot Ll.l1RS, to~ether rrith intere,~t thereoe bvm date ot the rate ot ten pecoeat. pe~ aenum ~nW m~duity. botb p~incipai aod intenst bet~ P~rabk id lawtul moner oE the United ~talrs at ~4t Bi~cayne Bivd., Miami, Fio~ida, or at wch otl~er plue ae tbe holden ba~eof map desi~utc in writina. PrineiYal and inte~ed p~yabk i~ inst~th~sats ~ fdb~n: ~il~,} (§0.00) Dollare per aonth. bsgi~~ning on tb~ l~tb Qoy o! Ju l~fy9~ ua~d oooisiQUiug oo Cfle l~tb day oF •oah snd ~~sry ~+onth th~ii- ett~r uatil paid ia tull. ?his note raay be prepaid in whok or in put dter one year teom the date he~of upon payment of a pendty equivak~t to two perccnt of the pri~eipal wm prepaid. Each installmeet ptyeseet abaq be c~dited fust on the interest dat, and the a~nainder on principal: and ioterest eball therr upan cere upon the principal a credited. . The makers and eodwsers o~ thia note fwthe~ a~ee to waive tknand, ~otice of non-payment and protest, and in the event wit shall bc brouaht Eoe the collectia~ barof, or tl~e wae lw to be colkcted upon demand of an attorney. to p~y reasonaWe attorney s feea far makin~ weh edketion. Lkfemd p~rmenta ba+cunder ibaU bw interat at the ~ate of ten percent per aanuen from auduity uaW ~aid. ~ Thi~ note is iecnred by a apoet~e~d eneu dale herewith and is to be coashved aad enfoeeed aeoadu~ to the laws of the State of Fbrida: upon deEault in thepa~? ment oE principd andlor iat~at ~rheu dne, tl~e whde w~m d principrl and intereai ~ remaiain~ u~aid shali. at the option of the holde~s. beoon~e i+~nmediatdy d~u and p~yabk. ~ Vayne Shax (sE:~l.~ Joyce ~hax ~S~A~.~ l4~eMr~ea Spiekr ~ Tesiid+. Attorne» - ZZ~O Biiayee ~.d.. Miud. ~laid~ and shalt pertorm, comply with and abide by each and every the siipulatioas, agreemeats, conditions and cove- nanta ot said promissory note and of this deed. then this deed and the eatate thereby created shatl cease and be ' nult and void. 1. 'fhe Mort~a6or hereby covenants and agrees: (v To My •11 aad sinsul~r the pcinoipal and 'wterest and otl~er suma ot money payable by virtu~ of said prdnissory aote and tbis deed. or eit6er. praeptlr oa tbe daya respectively tb~ aame sererslly becomes due. ~ (b) To perait, comsit or suiter no aaste a!?d to main[iin [de io~ovements at all tise's in a st~te of sood repair and cooditioa. and W do a per~it to be dooe to said preoisa aothin~ t6at will •iter or chan~e ths use aod c6uacter ot said property a ia aey ~~y ie~pair a ' ~eatea t6e iecurity of thia oatp~e. And ia case o[ the refas~l~ ae~iect a ioability ot the Mortsasor W repsir and mainuio said proper- ~ ty. the Mortsa~ee osy. at his optian, make sueh tepaits or cause the same to be made, aad ad~ance aaeeys in that beh~lt. (c) To pay all aod sia~ulu the taaea, asseasments. levies. liabilities, and obliptioos ot everr natwe oa s~id described property each and evety ~rAea due snd payable accordins to I~~r. bcfore they becane delinq~ent, ~od to delive~ to the Mortp~ee on or before N~rch 1St6 ot escb Year t~x receipts evideacipa t6e payment of ~U la~tully imposed tues for.the precedins c~leedu year; to iide~ify the I~lortiatee ~ bis deaand fot all ta:es. assessmee[s aod char~ea thst ray be usesaed upoe t6is woctaase oo the indebtedeeas a~- cured heceby, aed paid by t6e mortja~ee, rithout te~atd to any Iaw furetotae eaaeted ot Aereafter to be eaaCted impwins psymeat ot t!u w~Lole a any rr~rt Wereot upou the Mortsajee, (d) To p~y ~lf aed siojulu the costs. eAar~ca and e:peosea. ineludia~ la~ryers' tees and absu~ct costs reasonably iecutred ix p~id at - any tise by tbe Ato~t~a~te beeause of U?e 4ilure on thc p~rt ot tse Mort~asor to perfores, comply with aod abide br eac6 aod e~ery t6e stipulatia?a. aQeemeats, cooditions and eoreaaats of a~id prooiasory note aed this deed. ot either, aad every aucb'psyment shsl! be~r iatcrest fros date st tbe nte of tea (IOS) per centum per annum. (e) It is furtl~ covenaated aad a~reed br said putiea that ID U!! Cvt11t O( i SYIL bt1~ l~lt~tY~EA l0 EOf~C~OSC th~s ~Ip(l~ijC. the Mort- N~ee shall be entitled to applr at say time pendios sucA foreclosure auit to the court hsvia~ jurisdictioa thereof for the appoiatmeat of a receirer a( a11 and sir~lu We sor~ased p?operty. snd ot s11 reets, incases, p~oCits. issues aod revenues thereof. ftom vrhatsoever eource derired; and t6ererpoa it is bereby exptea~ly eoveoanted ~nd ~~reed t6at the Caut s6aU forthwith appoiet snch receiver wi~h the aswl powcrs aad duties ot receirers in lite cases; and ~aid appoiatmeat sAall be made by the court as a matte~ of atrict ri~6t to ~be Llortsasee, and Yi~bout retereace to the adequacy or in~dequacy ot the ralue ot the property hereby mort~a~ed. or to the solvency or insolreacy of t4e Mortp~as a any other party defeodaet to sucA suit. 71?e Mortp~a 6eceby specitieally ~aives the risht to o~ject to t6e appoia~meat of a receiver u~taesaid aed herebr e=pressly taasenb t6~t sucb ~ppointmeot sAal) be made as an admitted equety sed ~i a owtter of absolute rijAt to tAe Maiq~ee ~od th~t tbe same oay be done rrit6out eotice to the 61ort~a~or, (t) If toreclosure proceedinp should be iastituted as~ieut We p~operty corered by this mortNSe upon any other lien or claim vfietAer alle~ed to be aepcria or junior to t6e lien o( this aortp~e. the trlortsa~ee ra~y at his option ioowediately upon iastitWtio~ of such suit or dnria~ t6e peodeacr tAereof dectare t6ia aortsate ~od the iodcbtedaeas iecired herebr due and psyable lorti~sith snd maY its optioa ~oceed w [oreetwe this sort~a~e. - (S) That tl~t Mat~a~or ~rill tecp all re~l and person~l property eo~ a here~tter eacumbered by tbe lien of this ~tsa~e insured as may be tequired [roe tiae to tise by We A1ort~yee asainst loss by fire. vindstorm and o[6er h~urd:, easwlties and contin~encies for such ~ periods ~od tar aot kas Waa sncb aewiats ai ay be required Dy tAe Mwyaiee and to pay promptly vhea due all premlums (o~ such ~u+Yrance• Tbe ~sounts ot iosrr~oce reqwred by the ?btt{asee sAall be tAe siniieus amounts fot rhich s~id inautance shall be rntten ' aod it sA~ll be ipcusbept ~oe tAe 1Wrt~~~pr to saiatain auc6 additia?~t iwuraece ~s iaay bc eecessary to meet and comply fully r~th i d1 co-inswaxe require.ents cootained in said polities to t6e eed tAat the said Mort~asor is not ~ co-insuror thereunder.Insurance i shall bs ~rtittcs by ~ co~paer or ea~paoies aPproved or des~~nated by the Irfort~a~ee ~nd ~11 oolicies aad reoe~r~ls theteof sAall be beld ' br tLe 4/ottp~te. All detailod deaisaatioes Ay tbe t~/ortia~or ~hic6 ue accepted b~ rAe Mortsa~ee and a!1 asrecaeets bst~een Mortp~or and Mortjs~ee relatinj to iusuraece. oov existin~ at 6ereafter mMe, shal) be ia .rritins aod so~11 be a~art-al~his moriq~e a~reement mo u toll~ ~s tdou~h set fat6 rerbati~ 6creia aod shall ~orern botb p~rties herew aad tbeir successors aad ~ssi~ns. No licn upon ~ny o( s~id ootieiea of insurance ar npau ser refund ar return prewim ~hieh s~y be p~y~ble on tAe caaccAation or termlaation thcreof~ shill ' be ~iree to otber than tbe 6lottp~ee, except by p~oper eodorsesent a(fi:ed to aucb policy aad appro~ed by Mat~a~ee. Each policy ot ~ instr~wcs shall hs~e s[fi:ed tAereto ~ Standard Nev York l~lo~tp~ee Clswe rithoat Coauibutio~~ sykin~ all loss or losscs under ~uch potier Osyable to tlte Alottpiet as its interest isar aopeu. !a tbe ~rept asy aus or auos o( mouey btcase Payable che~eundcr the Nort- N{et aMll lare tAe o~tim to receive aod apply tbe s~~e oo accant ot tse iodebtedaess hercbr secured, or to permit t6e l~/ort~aEor to recei~e ~od we it~ or aer Part dureof. nitAout Nerebr rsi~8i~ a iwwiri~ say e~itr. liea, or ri{At under and ay vutuc of N~~ `woryats; Ie ereet of lors a pMpsicsl daast to the sortj~sed ptoyerty W~ Mortpjor shill ~ive ~Amed~~te aot~ce thereof Dy ~r.s~l t~. tbe Ma~tptee sod the 6lortp~ee ay ake proo( of loss ~f the saae is not made paepUY by tbe Mory ~or. In event o( taeclntiure of ~ ~ ~ ~377 ~~~~,3~ ~ n ~ _ _ . - - - - .