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Home My WebLink About2919 PROVIOEI). ALWAYS. that it the RAort~asor :hall pay unto the Mott~a~ee the indebtedness evidenced by a certain promissay note of which the tollowins in words and fi~wes is • true copy to-wit: _ ~~~ ~~ =,~,~240.00 Miami. Florid. Ati¢ust 3..~ _~ _. 1'-~. FUK VAt.UE Rf:CE1VED We . iointly anti- severally prumi.c to pay to the order tat --- the principal wwt of FOUr ThOUS and '1'Ff0 Hundred and NO 100 DOLLARS, to`ether with intcnat thereon trww date of the rate of tort petctat, per annaaA until tlsattsrity, both principal and tntereat `cuts payable la bwtul money of the Ustited rtat.'~ at 72N Biscaytx Bhrd., Miami. Florida, a at arch other place•ar the hohisa hereof may designate in writing. Peineipal std interest payable in ilatapatertb as tolbv»: Sixty-Five ($65.00) Dollars per month, for 'sixty (60) consecutive months, on the 15th day o1' each end every month, beginning on the 15th day oP October, 1969, and.aontinuing until the 15th day of October, 1974. at Nhiah time the balance shall become due and papable. This sole may be prepaid in whole or in partaker one year tram the date hereof upon payment'ot a penalty equivalent to two pereeet of the principal rots prepaid. Each inatalltnent payment shag be Credited feat on the interest due. and the remainder on principal: and interest shall then upon cease upon tltc principal a credited. The ntakert- and endorsers of Chia note ttrrther agree to waive demand, notice of non•paymeat and protest, and in the event wit shah br broteRht for the eolketion hereof. a the same has to be cdkcted upon demand of as attorney. to pay reawnabk attorney tees for makitt~ atrcb cdkctiort. Deterred payalertta hereunder shop bear interest at the ate of ten percent per annum trap rnaturitr until laid. This note is aewred by a rnoet~e~d afros dale herewith awd is to be rArtatlned astd eniorad aeeordut` to the taws of the State d Florida: upon dc[wk in flee p~rmeat d P~Pr andlor iaterat w due, the whale attw d j 1 sad interest eeatainirt` unpaid shag. at the option at flee holders. baooase ' seed ab4. (SE.~1•I ~ . o ., A1.) 1k~ai b Scaler i Tsmiielt, Mtserteys - >tiM wcafae ^.1. Nissat, and shall perform, comply with and abide by each and every the stipulations, aSreements, conditions and cove- nants o[ said promissory note and of this deed, then this deed and the estate thereby created shall cease and be null and void. 1. The Mort~ajor hereby covenants and asrees: (a To pay all and siaaulac the principal sad interest sad other awes of money payable by virtue d said prom~ssoty note sad this deed. a either, promptly oa the days respectively We same severally becomes due. (b) To permit, commit a suttee ao Taste and to sainuin the improvements at all times in • state of good repair and condition, and to do ar persit to be done to said premises aoWiaa that rill alter a chance the Yee sad character of said property a is soy ray impair a reaken the security of this atortpae• Aed in case d the refwal, oaalect a inability d the Mortaaaor to repair and maintain said proper- ty. We Yottpaee may. at Ais option, mate such repairs or caws the same to be msde, sad advance moneys io that behalf. (c) To Wy all sad siagtlar We taxes, assessateats. levies. liabilities. sad obliptims d every nature oa asid described properly each sad every Then due sad payable accadina to lar, betare they becoate deliaqueat, tad to deliver to the Mortaaaee oa a before March 1Stb d each year tax receipts ertdeacina We payment of all larfully imposed taxes tor.tbe preaedieta calendar Year; to indemnity the Mortpaes open his demand for all lases, asaessmeau and cheeses that may be assessed upoe this sortpae on the irtdcbtedness s•- cwed hereby. and paid by the sortpaee, riWout rcprd to say law 6eretdore enacted ar 6ueafter to be enacted imposing payment of the Thole or any cwt Wsred upon the Mortpass. (d) To pay all and singular the costs, cheeses and expenses, including Iaryers' tees and abstract costs reasonably iacnrred n< paid at any rise by We Mortpgee because d the failure oa the part d the Mortgagor to perform. comply rich sad abide by each and every the stipulations. agreemeata. conditions tad coveatata d said promissory note and this dead, a either, sad every sueh'paymeat shall bear iatereat from date at We rate d tea (IOyr) per eeattts per anntts. (e) it is further coreaaated and agreed by said parties that in the event d s suit being iestiwted [o foreclose this mortpge. the Mat• pees shall bs entitled to apply at say time peadiag sue6 (oreclosure suit to the coact having jurisdictiao Wered tar the appointment d • rseeivst d all sad singular We sortpged property. and of all roots, incases. profits, issues and rereaues Wercot, from rhatsoever sottee derived; and Wsrsupa- it is hereby expressly eovesanted sad agreed that the Court shall torWriW appoint such receiver rich the uswl powers sad duties d receivers is like eases; tad said appointment shall be ^ade by the court as a matter of strict right to the Mortgagee, aed riWaut referesce to the sdagwey a inadequacy d We value of the property hereby matpged. or to the solvency or iasotvsaey d tk Mortpgors or any other party defendant to such suit, The Mortpgor hereby specifically naives the right to object to the sppoiatmeat d • receiver u aforesaid and hereby a:presaly consents that such sppoiatment shall be lade as an admitted equity and as • satta d absolute right to the Mortgagee and that the ease say be done without notice to the Mortpgor. (t) It foreclosure procesd'wgs should be instiwtsd apieat We property covered by this sortpge upon any other lira or claim rhether sllegsd to bs sttperiar a jtsia to tba ties d Wis sargage, the Mortpgee maY at his option imsediately upon institution of such suit or dttriag We psadetrey thsrsd declare this nortgags sad tbY iadebtedneu secured hereby due and payable torWriW sad may st its optiaa proceed to totselose this sortgage. ~~ (~ 'that Ws Mortgagor will keep all real sad pecsmal property nor a hereafter eseumbered by the lien d Chit sortgage insured as may bs ia~rired from rise .to ties by the Mortgagee spinet loss by tire, windstars sad other hazards. easwlties and contingencies for such psriads sad far not Ise than snob sstouata as say be required by the Mortpgee tad to pay promptly Theo due all premiums far such inatraaes. TN ssottau d isstraoee required th the Mortgsgss shall bs Ws sisisus arsotmts tar rhich asid insurance shall be mitten sad it sbatl bs iacssbsat poa tbs Mortgagor to saintaia such additional insurance u ear ba necessary to meet sad comply tulty rich all eo-iuuraaea reauiremsata eoataieed ie said policies to the sod Wet the said Martpaar is not a co-insuror thereuader.[nsurance shell b• rtlttsa by • eongasy a cospsniss approved a designated by tbs blortgsges and all policies aa0 rsasrsls tMrsd shell be bald by tb Mortgagee. All dstsiled dssigaatians by tbs Mortpaor rbieh us accepted by We Mortpges asd all ttgresssats betreea Mottpgor asd Mortgagee relating to rtstrance, soi existing a< bsrsatter cads, shall be in rritiag sad shall bs • part d Wis sortpge agreesent ss fully u Wougb set farW vsebatis herein sad shall gevso boW parties hereto and Weir sueeessors sad aaaigas. No lien upon any of said policies d inauraaes ar upon arty rsftmd or return ptssius die6 say w payable an We csacellatioa a termiaatioa ptStctt, shall bs gives to other Chas tbs Mortiagu, except by proper eadorsessnt atfi:ed to such policy and approved by Moupgse: each.policy of insurance shall have affixed thereto • Standard Nsr Pert Mottpgss Clause riWotlt Coatributian, Mking ill loss or lossei under such policy payabM to Ws Mortpgte u its interest say appsst. b tM swat any sus a suss d nosey bscane payable thereunder We Mort, pace shall have Ws option to receive and apply tbs sates a account d the iedabtedaess hereby ssctred. a to permit We Mortgagor to rscsirs aa/ ws it, a say part thereof, riWout Wereby raiviag or impairing aey equity, lien. a ripe under sad by vines of Wis sstgags. la event d Iwo a pbysictl dasaae to We mortgaged property We Mortpgor shall airs imaediate notice Wereo( by mail to Ws Mortgages asd We Moripgee say oaks proof d loss it the same is not made promptly by the Mortgages. In event of foreclosure of • • ' ' dooK 179 ~29~.?