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Home My WebLink About1370 { ± t~ ~ ~ . ~ ' . PROVIDED. ALWAYS, that ii tha Mat~a=ot ahall pay anto the Mort~a~ce the iadebCednsss evideaced by ~ certain pcomisso~y aote of whic6 tho followin~ in worda u?d fi~utes is a true ;opy to-wit: _ _ , . ..p,., ~«~~ys ~ K•~s a : 207~•4~ ~ ~ + Fott v.uE B~ v w~. ~ois~],~ ~na M~nr~ll~ ~„m~ w wr ` ~8~i8 - ~ to the o~det ot ppL~j~, with inte~est j P~"~~1~ +~m able in lawful money of thereon f~ dNR o( tAe rate ot ten peroeat, pe~ anNwa until mapuity. both ptincipd and intee+eat ban~ Pa~' the Ueuted ~tatrs at Z?~44 Bi~ayne Bhd., Mia~ai. Flotid~, ot at wch otba place a~ dre bold~es ba~eof ma~? daijnate in ..ritin`. Principd u~d inta~ea p.~?a6k ~ in~ta~eaa as EoUo~: Fif~ (SgQ.00) Dollar~ p~r ~oa4b~ b~siaoi~8 oa ~ iS~D ot • oa~i=w o~ ~h~ ig~b d+~? of a:,oh aa~d e~?vr~ ros~b ~l~ af~~s 1gbq, an~ a ~8 ua~il paid io ibll. This note may be poepaid ia ahok or in part Jter one yeu from the date heceot upon parment of a peealty equi~?dent to tMro percent ot the q+neipd wa~ prep~id. Each insWlanent pnrmeat ~hall be e~edited first on the inte~est due. and the remainda on priacipd: and interest ehall tbere- upon ce~e upon the prine~pal so ccedited. The makers snd endonen ot thit note further ap~ee lo waive demand, notice of ean-payraent aad pe~otat. and in the erent wit shall be brou~ht for the cdkction hercof, or the wx~ has to be cdiected upon demand of an attoeney. to pnr reasonabk sttornep'~ (eee tor maki ~ueb colleetion. Defe~pay~aeats hereunder sh~l1 bear inteeat at tbe nte oi ten percent per ~nnum tran maduitp nntil ~aidw the laws of the This notc is eewrea b~r a mort~e oE evea d~te hereMith and is to be coastrued aad enfa~eea aaadmt , State of Etorida: upon default in thepay ment of princi~al andlor interat wl~ d~e. the rrhde w~m d peincipd and interest eem~iain` unpaid shaU. at the option of the holdns. be~o~ae i~ueediaid~? due ~nd payabk. . Villie Dizon ~sE~i.~ Mandy Gilbert Di=on ~sEAI.~ Pre~ed b'fi Spiek* dt Ta~rida Attarner - 7140 Bi~ap~e ~rd.. Miuei. FlQida and shall perform, comPly with and abide by each and every the stipulations, asreemeats, conditions and cova nants of said pranissory note and of this deed, then this deed aad the estate t6ereby cceated shall cease and be null and void. 1. The Mortgagor hereby covenants and ascees: (a) To paY ~11 and siasulu We principal and intereat aod other sums o( mooey pay~ble by rinue ot said proa?issory aote and this deed. or eit6er, promptly a? ~Ae d~ys respectively the same severally becomes due. (b) To petmit, camit or sntfer oo ~aste snd to mainain the improvemeats at all tiexs ia a atate of ~ood tepair aad coodition. and to do or permit to be dooe to ssid premises nothios tdat ~ill alter or chan~e t6e nse aad c6~racter of said property or io aay ~ray ispair or ~reskcn the security of tAis mort~a~e. And ia case of the tefus~l, ne~lect ot inability o( tbe Yort~a~or to repau aad saintaia s~id proper- ty. the Natpsee may. at his optioa. mate sueh repairs or cause the same to be~made. and adv~ece mooeys in that bei~~l[. (c) To pay all sM siasulu tbe tues. ~ssessseots, leries, li~bititiw. and obli~atioos of eveqr nacure oa aaid descr~bed property each apd every rAen due and payable aecordiej to I~w, betore they become delinquent. and to delivet to tbe Mortp~ee oa ar befae A~Iarch ~ ISth ot each year t~x reteipts erideocia~ the paYmeat o( ~11 la~fully imposed tues for.the precedin~ caleodar qe~r; w indem~ify t6e i Yortptee upa+ dis deaand fa all taxea. asseasments ~od cbar~es t6at wr be assessed upoo thu aorc~ase on tbe iadeb[e~eas s~- I cured hereby. aad paid by the ma~tiatee, rithout reprd to any la~ hereto(ore enacted ot bereatter to be eaacted imposin~ payment of i tbe whole or aay ~srt U~ereot upoo tbe Nort~aiee. t 'Io p~y all aad sin~ulu t6e costs. char~es and espeases. includin~ la~ryers' tees and abstract costs reasonablr inenrred eK paid at any time by the MortNtee because of the t~ilure ao the p~rt ot We 6lortsasor to pertors. caaply ~it6 and abide by e~c6 and erery the stipulations. asreements. caoditions and coveaaats ot said promiasory aote aad this deed. or eitber. and every sucb'paymeat aAall bear interest [ras date the rue of tea (10'~) per ceatum per ~aaum. (e) It ia futthu coveaantod aad ~[reed by said parties t6at ia t6e event ot a suit beins instituted to toreclose this mact~ase. the Mat- p~ee a6a11 be entitkd to apply at aay tise pendin~ suc6 taeclosure suit to the court luria~ jurisdictim t6etcot tor the ~ppointment ot ~ receiver of all aed sin~ulu the mortpsed property. ~od o( all rents. iocomes. pr~b. isiues and rereaues tLeteof. ftae rhauoever saurce deri~ed; aod thereupoe it is hereby e:preaslr corenanted aod ~sreed that tbe Court shall [ort6~ritb ~ppoiot sucb receiver rith the mwl po+~ers aad dutiw of receivers in like cas~s; ~od s~id appointmeat shall be oade by t6e court ss a matter of strict ri{At to tde Moct~aiee. and ~ithont refereace to the adeqwey or inadequacy of the ralue ot the propeny herebr man~a~ed, or to tAe solvency or iasolvsner of Ibe Afortia~ers or any other puty defendaat to sucA suit. 11?e Mortp~a 6ereby specitically raives tbe ri~ht to oDjec~ to the •ppoiatweet o( a reeeiver ss doresaid ard herebr e:preuly caoatots tbat suc6 appoiet~eat shall be s~de as an adaitted equity and ~s a mtter ot ~bsolute ri{ht to t6e Mort~asce snd that the saee mar be doae ~rit6out aotioe to tAe Mort~afor- ~ (t) If taeclwure proceodinp sn~a ~ iastituted ~~ainst the property covered br t6is mortp~e upoa ~ay ot6er lien or cl~im whether ~Ile~ed to be supe~ior ot junioc to the liea o( this mort{ate. tbe NoriN~ee s~r at bis optioa immedistely upon institution ot such suit ~ ~ ot dnrin~ the pendeoey theteof declare tAis ~tNSe and t6e indcptedaes• aacured herebp due ~nd p~y~ble fortA~it6 and .ay ~t its ~ optioe proceed w taeclwe ~6is sorya~e. ~ (v 'Inat t6e Mort~ar will teep sll teal aod persooal p~operty now a hereaftet eacusbered by the liea ot this nortiase insured as may pe required [ro~ ti~e to tise by the Mort~~tee ai~inst Ioss by Rre. w~iedstorm aad otAer hazards, c~swlties and continseacies (or such periods and fa eot le~s rhsn auch aeonnti as u~y be tequired by the Mortaa~te aad to psy proeptlY w~bee due sll premiums (or sucA ia~~rwce. The a~ouets o/ issuraoce requi~ed br tbe Morttaiee s6a11 be tbe ~inimus ~maiots fa ~bicA a~id inaurance shall be rritten and it ~h~ll be incu~bent poe the 1Aortsasor to miatain such ~dditioa~l ~os~r.ooe u s.r be oe~es,ur ~o e~ee~ .~a ~ompir r~nr .~w all co-iasur~oce require¦enta coat~ined in said policies to We eod t6at tbe said No~tpja is oot a co-iesuror therennder.lnsurance sAall be writtee Sy ~ eo~anr ar eosOaoies appto~ed or desi~natsd br ehe Mort{~~ee aad ~11 policies aed renewsls thereof sh~ll be Aeld br the Mortµsee. All dctailM deai~eatioes br t6e 4artaa~ot ~fiie6 ue accepted by H~e lfortsa~ee ~nd all a~ree~eets betreea Mortsator aed Martsa~ee rel~tin~ to iosurasce. no+i eaistia~ o~ bere~fttr wade. shall be in w~ritie~ sad sball be ~ put of tAis ieortp~e a~reeaent as (allr as thou~A set tat4 ~erbatio 6ereia and s6a11 ~o~ero both p~rties hareto aad their successors aad assi{ns. No liea upon any of •aid polieies o( insurance or upan sa7 refuod or retwn pamius +Aie6 wr be Par~ble on the c~atellatioe ot termination thereof. sh~ll be ~ivea to aber thaa the Mo~Wtee. eacept bp ptoper todase~eet ~ffi:ed to s~cA policy ~nd ~oprored Sy hlortNtee• E~ch policy of ios~raaee aAall save a(fiaed thereto ~ Susd~rd New Yort MlortN~ee Clause ~ri~out Cosaibrtioa. ~akint ~U loss or losscs under xuch policr p~r~ble to tAe Mortp~ee as its iotcrest sar ~ypau. le the s~~ot sar su~ ar sw~s oi soaty becaoe Parable thereundct Ue Nort- ~a~ee sA~ll Aare t6e optioa to rcceire aad •pply U~e sa~e oe aca.cs~nt d t6t iod~btedaess Aerebp ~ecured. or to permit the Nwt~aRw to reeeivs ~sd use it, ar aer wr~ tAsreot, wiWoot tAereby raivie~ or isP~i~ii~ ~~r eMiqr. liee. at ti{ht w~dcr and by virtre oi this sortjap. M s~eat of loss or pArsical ds~a~e to t6e sort{a~ed propertr the Mortpior sbal) ~ire iwieedi~te notice Meteo( Dy ma~l to ' tAe Mortp~ee and tAc Mo~tqaee say wake proof ot loss ~t the same is not m~de proNptly by tAe~~~ vent ot toreclo~ure of ~ ~ . `~iC " _ .~:~,.T-~., ~ ~-~r ,