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HomeMy WebLinkAbout0010 t ~ ~ ~~i~ `~~:i t 1+ r ' ' _ ~ _ , ~ PROVIDE~; ALNAYS. thst it the Moryasof ~hall pay uRto the Nbctjajee tlie iadebtedne:s evid~nced by a cartaia ptomisscty note_,.,._ot whicb the [ollorvin~ ib words and fiEuras is a uue copy_ tawit:_. . _ /~`QyGi~~R~G l,~G~G ~ - - S 2, 3T .00 A~iami, Florids September llth ~g 6,~ EUR VALU~ Rl:CE1VED We, ~ointl and severall ~ p~m;~ a p,r i tutheorderot.~',~~ HORNS2'.^IN Fu1d NATALIE HGt~t~1;i.~I:~ ~ isv~~ife~~o/100 i !!ee pr;,ici~?a! eueu ut`i~ao Thousa~.d rea HV~red Severitg Fi ve and DULt.AttS, togCther with ineerese therro~ fn~m dat.• at the ratc o[ ten perccnt. pee annum u~til maturity~ twth principat and intc~cst being payaLlc in lawful money of thc Unitcd ~tata~ at '22~ Biucay~e l3lvd., Aliami, Florida, oc at such othu place ~ts the'hotders 6encof may dcsibmate in writin6. Principal and intenest payable ia ic~tallmentss as [ol(ows: - One-:~undre3 (~100.00) Dollars per ~:onth, beginning on the l~th day of November, 1969, ~and continuing on the lsth day o~ each end every month thereafter until paid in fli].1. , ~ . . ~ 7'l~u nute may be prcpaid in wholc or in parl aftec one year [rom the date hu+eof upon payment oi a penalty equivale~t to two p~ccent of the principal swa prcNaid.~ Each installmcnt paymcnt sl~all bc crcdited fin~t on the interest due~ and tt~e remainder on principal; and interest ahall thuc- upon ce~ upw~ thc princiEwl so credit~~d. The maken: and endora~:rs of tl~i~ note furil~er agree to waive; d~m~nJ, auticc o[ non•~?ayment and prutest, and in lhe evenl suit ' ~I~all be 6~uglit foc the collection hercof, o~ the same {ias to I?e ~,wlketed upon demand oi an attumey, tu pay na+unable attwney's , ~ fres !or making such col~ccpun. Uc[cm~J pa~n~cnib hcreuoder sF~aft 6ear interest at the rate o( tcn perccnt per annum hvm maturily until paid. This nute is secured by a rrwrt~e~ot even daie huewith and is to br. conatrued and enforced acconling to the lawK oi the 5tate ot k'lorida; upon default in thepa yment of pri,~cipal a~dlor intecrst whcn due, th~ whole bum ~f principal and interest remaining uapaid shail, at the option ot the holde~s, become immc ' tely ue an paya6le. ~1 ~,~J" -~~L j,.L•''~Cs~ SE/?I. ~ t 1 ; ~~•~.1:. : : . : . ~sEAi.) ar spK~ & Ta~a~. ~uo~~ -~ao e:~yRe tq~d., t?t~~, 'ta~ t=~ and ahall pertarm, comply with and abide by each and every the stipulatidns. ajr~ameats, coeditions and cove- aants of said promissory note anci of this deed. then this deed and the esiate thereby createc~ shal! cease and be null and void. l. 'fhe Mott~a~ot hereby covenants aad a~rees: a - (v To p~r all and sia~ular the prineipal and ieterest tod other sum.t of eooecy p~~rable by virtue of said proo:ssay aote aad this i deod. ar eit6e~, praeptly m ths dara reapsctirely the aue serer~ll~ becoaea dne. = i (b) To yu~it. carit or snHer ao ~raste s.~d to eaiatai~ tbe iaqrcovevents st all tises ia ~ st~te ot ~ood repair aod conditiaa, ~ad to j do a pe~it to be doAe to srid p~eoisea oothin~ Wat ~ill alk~ a ch~a~e t~ ase asd chuaecer of said p~ope~ty a ia aay ~ey i~psir a ~ ~e~tep t~~ isc++ritr of Wis ~t~sse. Aaa ia case. ot the iefusal. OC~Ittt Of Iqab/Illy O~ W6 MOft~tjOf ta tCOlff illd ~t11t~10 la1~ pfOPtt. tr. tlre Yortp~ee uwy. at hia optiaa. wke aoeb repa"us or taaae t6e saae to be sade. aed ~dranee ~oaeys iw ~6at•bs6~lf: . (d To p~Y aN asd iia~lu tl~e Wes. assess~eats; levies. liabilities, and obliqtioes~of enry oatute~ad said"destn'bed propertp escA aad ersq ~r~en dne and p~yaefe ~ccadia~ io lar, kfat~ ~6e~ bieo~e delioausat..and to deli~a to eAe Yatt~asee ~•a before WrcA ISth a/ s~ih Ytu tat tseeipts• eridesciq~ fj~e p~eet. of ~I! la~trlly iapfofeA ta~[e~ tor.the pseediq~ wlendu yeu; to iademnity t6e ; Martiyte noos Ais desaod (a aq tuea. •asesanceu aed chutep tAn a~y be ~ssessed epa+ t6is eorya~e oe tde iadebtedeeu s~• s cored hereby. ~ed pail ~r the ~t~s~ee. ridwnt ~eprd to atr 1~~ betata(are aueted a[ hsieatter W be eoact~d ieposi~ paywent of the rhole or aer tirt t6eteof ~Qaa tlse Mortsafte. t . ` F id) To par ~U aad siqui~r tbe cosu. cAar~es and e:pesses. inelydies la~ryers' fees aed apstract costs re~sonably intaaed ~ paid at ~ •sr tise br ~he hWrya~ee becawe ot the isilute m t6e pstt ot t6e Mort~ot to oerfat~. ea~plr wit6 and abide,by each aod every tAe ; itipulatioa~. a=ree~eati. coeditians and coveau4 of sud prosissory aote aad t6is deed. ~t titAqs. aad erery suetr'p~yeieet ab~l1 bea~ iatereat ha~ dsie at tbe rate of tea UO'i) Oer cest~ per aaia~a~. ~ - ~ (e) It ia tonhn coreaasted asd a~resd by ~aid partiss U~at io tbe eveat d~ soit beie~ isstiwesi to taeclose d~is sortae~c. U~e 6fart- ~ {a{e~ swll bs a~titled to aoply at anr tia pqdi~ su~! toreclosare ~~it w tMe coun hariss j~risdictioa tMsreot (or die sppoie?taeat d a r~cei~s~ ot aIl aN sinp~lar tbe ~or4~~cd oropettp. sed o[ aq reaa. iaca~ea. pr~b. iaa~ea and rereaues tbereot. (ros ~bataoerer ~ swuce deri~ed: ~d t6assDoa it i~ Merebr espressty emrewated ~eil ~~reed tb~t W Caut sAall tanArSW apooiet sreh reeei"ver ~iU~ the wwi oo~rera and d~tiq of reeeirers in lite osses: aed saii ~poiataest s6s11 be ~de br t6e co~rt ~s ~ oatter ot s[rict ri~bt to i tbe Mort~es. ~oi ~itbaat refereaee to 1is adaqwcr a iaadeaaer of tbe ~slue ot -the ocoperty Aerebr ~tNted. ar to the solvencY ot iasol~ps~ of tYe Mortp{aa a asy othet oartp Aefe~dut W ioch sui4 TM 4lortss~ot A~rebr ~pseiticallr rraives t~e ri~6t to object co W~Noistaa~i of ~ reuiw~ u dore~aid aa/ Mnby eapressyr caueata ta~t aucl? a~oiat~snt s~aU be ao~de ss an sd~ieted equity asa ~s ~~ttsr o[ abaol~a rislet to ~Ye Monp=ee a~d thac tM sw ~ay be doae .i~ort wtice w tbs Matpsor. I! [atclo~we ~roeeNiys slould ba iastiwt~d a~aiut the ~o~enr eo~srsd bp thii ~atp~s ~oon aay otAer lisa or claie rr6e~her ~Us~N to Oe srpcria a jnaia to tYe lia d tW ~wrt~ye. t,e Yonp~se rr u b;s oa~a. ~..eaU~e~r ~pon ;A:uc~uae or S~ch :u~~ ~ ar d+ri~ d~e N~da~ef tba~ot dsel~re thu wo~ttass u~d tLe i~debtede~sa s~nr~d Au~6f drs u~d p~YaAfe ta~bri~b sud aar ae i~s o/tiao ~raeted to ~onela~s t!u ~ott~s. • ?~at 1Me 1lortp~ sill kse~? dl rod ~nd osrsonal ~o~srtr so~ ar ~erestter eneawberea by tYe lisn of ffiis sortpje insnred as aay de rt~irN troe ti~s to tiM bp tie Mort~a~se aNieat lasa b~ Cre. ~riadstan~ aed other hasuds. euwlties and conti4~encies for such Nrioda ~ tar noe isu tY~i ancA ~wwts u ~ay bs reqrired br We ~loryyse sad to p~Y ytowpily ~rbea due ~11 prcaiuws fa such i~tin~as~ 'I1t are~t~ et irar~sec ~cq~ired b~r tMe i{ort~a~se s6~i1 be tYs sieiauw a~ousb f~ r~ieA s~id ieaunace ~b•II be ~rrit~en wd it s~~ll rs iw~~bent poo Ws liortaapt to ~aiatai~ aoc6 ~d/iuowl ies~r..ee .c wr ee neesss.rr w.ee~ aaa ~o.o~r r~tir «~~n ~11 eaus~rmee repirarsata eawtsiatd ia tail polieiq to tLe tnd t4at tl~e s~id Ylonµ~or is aot a co-ina~or tAereunder.lasuraeee sYsll D~ wciaw b~i ~ eeynr er eap~iss qpn?red or di~ip~eed br tbe Nonss~ee asd ~U ~r tis Alort~s. All dstaileA du' tiaas bp tYs ~ki~~ ~ teO°~~~ ~reot sbsll be held ~iea Yoctsasor .bie~ u~ scceot~d bp ~6e Yortsa~ss asd all yrsa~sau ist~eeo 1lortsa~a a~d Iiort~ai~ rsbtiy to iaarr~eee, ~oi e:iatie~ ar I~eatea ~ads, a6aq bs ia .ritin~ ~s0 sAat~ ¢s ~-Mrt o~~s ~orepK s~ree~eni u hllp u t~a~yA aet lqrtY ~e~Yatiir lerei~ ~ed sUa11 ~sto bWA oartiss Asrsto uN tl~eir ~rcce~oe~ ~i01laiasi. No lien uPoa aay of uY pliciss o( i~nrssea e~ pa~ ~q nfred er naw Kt~i~ vYicb ~ar b~ ayable m tbe ou~esllatiaw as ter~iutioe tAereof, shall k ii~~* ~~~a~ ~Mt 11er~~e. s:et/t ~ prqet sNatseos~t attised to aucY oolief tad apyroveA br Iilorya~ee. E~cA policy of ins.rue~ ~11 4•e •tnu~ U~srea ~ Sa.dard Ns. Y«t Mae~a~es Clwss .id~o.i Coanib.um. rntje~ i11 loss or losses under sucA ptiof N7~YIs to t4s Mortp~ss u its iater~at Nr s~r.~ ~~~•:.e a:r aw~ or a..s ot.oeer bsca.e ~.y.bk u~e~e~eaer w~ ~uo~e• ~sass a411 4are tMe o,tiaw to rsesi•e and a~ly us ia~s a~ aecorst of the indsbtedasss herebr seoYred. or to oer~ic t6e ~Ior~pEor to tsc~fre aa/ uss it. or asr out d~ersot, riwwt tYe~ebr ~airia~ ar ieqairia~ ~ep eqrity. liee. or rip[ w~de~ ind br •inns ot eAis ~erya~s. i~ srpq o/ INi a~Arsied asw~e to tYe ~ortaaaed orooerey ~e Monpsor sM~tt ~i~e issediote sotiee theteot br nuil tn tMe Mart{~ee aad tAe Mortpace ~r ~akt ~oof o( loss it the s~oe is not iaede ~osPtfy by tbeldortp~or. !n e~eo~ ot fo~eclnsare ot ~ ' ' ' . , b~X~~ PAGE ~ ~ ~ - r ; - - y~~ ~ . ~ _ ~ 4~