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PROVIDEn. ALWAYS. that if the Mortga~o~ shal! pay unto the Mo~t~a~ee the indebtedness evidenced by a
ce~tain promissory note of which the followins in wotds ano ii`utos is a true copy to-wit:
M e ~y~
a 1500.00 M;an~;. Fl~ia.
FOR vA[.UE ItECE1vE0 W~ olatl s1d Nv~rall ~,mbe co ~.v
~ co «aK or IRYIBG an a M s _
the princi~ral ~um of _ u r~ ~ ~""~f11.L.ARS. to6etlier with interexl
the~aoe ~eo~ aate ot tbe rate o( tee pe~nt. pa aaiwu~ unW ~uity, botb principat ~d inc~e~ beint P~rabk in 1aMtu1 nw~ey oi .
ehe Uaited ~ta~r~ st Z244 Bi~ea~rne Bhrd., Miaa~i. Flo~ida, or at wel~ other pl~ce as tlie hdden hee~eo! m~y de~nate in wetina. ~
Prineipal and int~e~t pnrable in aatalhaa~b as ~oqo~n: ~
Si~ct~ (564.00) Dolls?rs p~r aoatb, b~ginniag oa th. i5th aa~ ot Jva,~r
196q, aa~4 aontinuiag oa tlu 15~h d~ of e~ch a?a~d ~nr~ voath th~rea~~~r
uatil p~id in tull.
Thi~ note nwy be prepaid in whok or in part dter ooe yeu [rom the date he~of upon paymeet of a penalty equivaleM to trvo
percent oi the pe~ncipal wm pe~epaid.
Each insWlment p~rmest ~ be credited ~rst on tl~e interest dik, and the remainder on priacipal: and interext shdl there-
upon cea~e upon the principal w credited.
The makers and endonea of thi~ note fnrtlier a6ree !o waive demand, notice of non-p~yment and pe~otat, and in the even~ suit
shall be brouaht for the eollectan hereof, or the s~~ne has to be coUected upon demand of an attorney. to pay reaeonable attomey's
fees [or tndci wch colkction.
Defee~e~payments hereuada shall beu interat at the rate of ten pereent per anaum tran maduity until ~aid.
This note i~ awnd by a nwrt~e~ot evee d~te herewith and 'a to be conN~ed md entaoed accoed~n` to the Isws of the
State of Florida: upon ietwh in thepay ment of prinep~al andlor iat~a+est Mrl~en due, the whde wim of principal and intereat
ren~inina unpaid ~all, at the option of the ialde~s, bceo~ae inunediately due aad payabk.
~ El]cins H. Conrad ~sE:~i_~
Mary L. Conrad
~sEai.?
~Pr'~ h~ ~ Tenarieh. Attaeneys - Z'240 Bi~ayne ~.d. Mliuni. Flarid~
and shall perform, canply with and abide by each and every the stipulations, agreements, conditions and cove-
nants of said promissory note and of this deed. then this deed and the estate thereby created shatl cease and be
null and void.
1. The Mortgagor hereby covenants and agrees:
(a) To pay all and ainsulu the principal and iaterest and other auma of moeey payab(e by virtue o( said promissory note and tNis
deed, or eitder, promptly ao tde daya respectively t6e same severally becomes d~.
(b) To petmit, commit or autfer no ~raste s!d to maintain the improvemeats at all times in a atate of sood repair and coaditioa. and to
do ar pcroit to be done to sai~ premisea aot!?ins that vill alter a edaate the use and chu~cter ot said property or in any vay impair or
~ veaken the aecurity of this oort~~~e. And io ease ot the refussl, ae~lect or inability ot t6e Mort~asor to tepair aad maiauia said proper-
~ ty. the Mortp~ee m~y, at his optioa, make sucA repairs or eause the s~me to be made, and adrance monera in that be6~lf.
~ (c) To pay ~11 and sinsulu the ta:es, asseaamenta, levies, liabilities. and obliptioas ot every natare oa said described propeny each
and evcry ~hen due aod pay~ble accordio~ to la~r. betore they become deliopuent, ~nd to deliver to the Moct~a~ee on or befae MarcA
lSth ot eac6 year ta: receipts evidencina the payment of all la~rfully iaposed tuea for.Ne precedias e~lendu year; toandemnify the
Mo~tsa~ee upon his demand for all taxes, useasmeets and charsea tbat may be assessed upon this mortsase on the indebtedness s~-
cured hereby~ and paid br the matsa~ee, rithout re~ard to aay lav beretotore enacted or heceafter to be eaacted imposin~ payment of
the r6ole a any ?~an t6ereo( upoo the Mort~a~ee.
(d~ To pay all aod sinaulu the costa. char~es and expcases, includin` la~yers' feea and absuact costs reasonabty incurred ar paid at
any time by the Martaatee Eecause o[ the failure on the part ot the Mostaa~ot to petform, comply ~rith and abide by eac6 and every the
stipulations. asreemeau, eooditions and coven~nb ot s~id promissory note and this deed, or eiWec, and erery such'paymeat shall bear
iaterest traa date at the rite of teo (IORr) per centum per annum.
(e) It is furt6er corenaoted aad a~reed by said parties that in the event o( s suit beins iostituted to toreclose ~his mat~ase. the Mat-
p~ee s6a11 be entitled to ~pply at sey time peadins auch fo~eclosure suit to the court havin~ jurisdietion thereof tor the appoiatmcnt i
of a receiver of all and sinaular ~ue s«~sas~ aov~nr. a~ reeu, iecomes. pr~ts. issues ~ed reveaues tAereot. fras ~r6atsoever ;
source derired; and Nereupoo it is hereby expreaaly covenaated aad sareed tD~t the Conrt shall forth~ritb ~ppoint sucb receiver rrith
the usual povers and duties of receivers in lite c~ses; aad said sppoiatment shall be made by the court as a mstter of striet ri~At to
the Mortsa~ee, u~d rithaut reference to the ~dequasy or in~deQnacy of t6e value of tbe property heteby mort~~~ed. a to the ~olvency
or imol~ency of U?e ?Iort~asas a any otba puty deteodant to such suit. 'ILe Mortsator Ae~eby specifically rraires tbe ri~ht to object
to We appoiatmeot ot • receiver as ~taesaid aod Aereby expressly cansents that lYCII appOlOtmtOt SbiII bC oade ~s an admitted equity
end as a m~tter of absotute ri~ht to t6e Mortp~ee ~nd th~t the same may be doae without eotice to the Mort~~sor.
(f) It foreclosure prceeedin~s should be instituted a~~inst the property covered by this mottq~e upoa aay other lien or cl~im rhether
:Ile~ed to be superior or junior to tbe litn of this mattpse. tAe Nort~ssee m~y at Ais option iamedi~tely upon institution ot such suit
or durin~ the pendeocr thereot declare t6is mo~tp~e and the indebtedness secured Aerebr due ~nd pay~ble fath~ith and may ~t i~s
optioa poceed to faeclose tA~s mat~ase.
T6at We Mortp~ot ~il1 teep all re~l ~nd petsonal p~operty now or hete~fter encumbered by lde lien ot this ~tsa~e insured ~s may
be reauired troa tis~e to tise by the Mortiaiee aaainst loss by fire, vindstorm and ot6er hasards, c~awlties and contm~enciea to~ such
periods and tor eat less than such aoow?ts as mar be required br the Mottp~ee ~rd to pay proeptly ~hen due all prem~uma for such
inaur~ace. The ~oounts of iwurance required br tbe Alort{a~ee sb~l) be t6e sinimus aoounts [or ~rAicA said ~nsur~nce shall be +rr~tten
and it sA~11 be iacusbent upoa tbe Mortsa~ar to saintaia soeA additional insat~nce as ay be necessary to meet and comply (ully v~[h
•II co-iasur~ece requireaenti ca?tained in said pol~cies to the eod thst the s~id Mortsa~a is not a co-insuror therew?der.lnsurance
shall be rrittea br ~ co~panr a cosp~nies aPprored or desisoated by tAe Mortta~ee and all policies ~nd reaewals therco( sAall be Aeld
by the Mott{a~ee. All detsiled desi~natims by tAe Mott~~~or ~rhich ue accepted br the Mort~a~ee aad all aitee~ents bttreea Mortsa~a
and 1~lort~a~ae rel~tin~ to iaaurance. oow eaisties ot here~fter mads. shall be in rtitiq~ and sh~ll be a patt of tAis matp~e ~~reement
u tulhr ~i Wa+~h set fath ~erbatie heteia ~ed s6~1) ~o~em bolh p~rties Aereto and t~eit successots aed ~ssi~ns. No lien upon ~ny of
•~id polieie• of insw~nce or apan anr relund or retum p~emiuo rhich sar be oay~ble on the cascell~tioe ar terwination thereof, sh~ll
be ~iven to otber tAaa tMe Alatp~ee. eacept br proper endo~sement •tfiaed ~o sucA polity and sPprovqd Ay Mor~~~~ee. Each policy ot
inanranee aA~ll h~•e atfiaed there~o ~ Sundud Ne. Yo~k ldort~a~ee Clawe rithout Coauibution, autin~ •II loss or losscs under ~ucA
policr p~yssle to tAc Afo~tM~ee as ~ts ~oterest sar s~ear, la tAe svent soy sum or su0s of ~ey becaae Payable thereunder the ~lor:-
~~~ee sAall ha~e the ootiao to receive and ~pply tAe s~ae on account o( tAt indebtedaess kereby aecuted. or to pe~w~t the \fort~aEor
to recei~e aed we or any part thercof, ~ithout therebr wsivin~ a im~iriu~ .~r ew~ty, lien, ot nSht undet ~nd by v~ttYe o( tD~~
~ortasfe. le erent ot loss w pUysic~l~ d~~a~e to the ~nort~a~ed property the Mart~a~at s6s11 si~s ~mn+edute nopce tAereof by ~ra~l tu
the Motl~~~ee snd the Mort~a~te~ reay ma'e p~oof of loss it tht ssme ~s not made promptly by the tilat~a{o~. In ertnt of facclosure of
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