The URL can be used to link to this page

Home My WebLink About0891 ~ ~ i ~ ~r .i ~ r' ~ . PROVIDEn. ALWAY3, th~t if the Mortsa~oc :h~ll pay unto the I~btt~a~ee the indobtedness evidenced by a cettain promicsay note of wbich the followin~ in words and fi~ure~ is • ttue copy to-wit: . ~ ~ Ir~4n~ ~~C ,i ~ij ~QQ _ Jliami, Ftorida_~ptemoer 20 1~! ~2 ~ i HUIt ~~:~LI;H: t{ECF:IVI:U 1 ~ promise to pay ; } tu lh~: urdrr u~-"~ :i_~ n : % ;:21:: i~'.'c .~.::T 1.:, Ee'~S.tl_.~.1~ tlir prin~•i}~:?~ ~un~ u[ One '`I'hOLls&rid Seven ~Iiu.ndrod 'iT••8ri~y lVe 8IId I)U1.LAItS, tugcthcr with initrest thc~run fruu? date at tlir r~t~• uf tru ~k•n~rut. annum until ~uaturily. butl~ princi~~l and i~tcn;st bcing payaF,le in lawiul moncy oi 1 tlir l:nit~•J ~tatrs at '~:.'•11~ 13i:~~aync lih•d., \liaiui, Nlorid~, or at sucl~ uttu:r place a, thc'holdcrs hcrcuf rrwy dcbignate i~ writing. Pf111CIF1:lI :IIIII IIIICrr:t payaW~ in i~~.;talltncn4: ~ Ialluws: . { r orty (~>1~.0. 00) Dollars per month, be~inning on the 15th day of tiovember, 19~~, ~d continuing on the 15th day o~~eac~ and every month thereaf.ter until paid in full. ~ 1 a) , ` ! . , ~ This nut~~ m:~ l,c m aid in whole or in art a[ter one ear from the date hereof u n ment of a nalt e uivalent to two ~ i 1' E P~ P Y P~ PaY I'~ Y 9 percent uf thr principal ~wn prepaid. , ~ @ l:acl~ imta{l~nent ~~aymcnt shal! be ccedited Ct~t on the intemst due, and the cemainder on rincip:?1; and intereat shall there- j~ upun cc~.:.• iipon ihc E~rinri(sa) so cn:di(cd. ~ ~ '1'lic mak~•n aud ~~ndur~crs uf tl~is r?utc furtlicr :~rce to waive den?•rnJ, noticc uf non-Paymen ~and prutcst, and iu tt?e event suit ~6a11 !x~ bruuol~t fur th~- ~•ull~ction I?crcuf, or thc s:,mc h:u to bc culiectcd upun dcmand of an altu~ncy, tu pay n~a+unablc at?orney's ' [res fur ruakin~ ,unc ~uUcctiun. E~,; U~~[crr.~d pr; mrn~~ hcrcundcr ~Lall t,rar intcr~t at ll~c rat~~ u( tca pcrccnl ixr annum [~um m lurily until paid. 1'I~is note i; ~:cured Ly a lnurlgsge of'even dale herewith and is to l~ cunstrued and enfo~ced according to the laws of the ~tate of Ftori~la; upon Jefault in the payment of principai a~d/or inter~,t when due, tht wh le sum of pnncipal and interest : j remaining unpaid shaU, al the option of the holde~, Lecome immedi ely due and payabie. - ~ ~ : ~:c. - , ~ • ~ - (SEAL) l _ - ~ ` / _ j ~ ~ (5EAL) ` j Preparcd by Spielrr & Tendrich. Attorneys - 2240 Bueayne [ilvd., htiami, Florida and shall petfam. comply with and abide by each and every the stipulations, a~reemeats, conditions and cove- naats o[ said promissoty note and of this deed, then this deed and the estate thereby createa shall cease and be null and void. 1. 'fhe Mort~a~a hereby covertants aad aarees: ~ (a) To ar all aad siesulu tAe principsl and ieterest and other sums of mooer prrible by rirtue of said prom;ssory aote aed this deed. or eitbsr. prapUY m tbe dars tes0eetivelr ibe stse se~enllr beco~es due. ~ I~ (b) To osr~it. corit or sa(ter no vsste and to aiouin the isptoresenti ri all tire~ ie a atate oi ~ood tepaK aad coadition. and to i do or pea~it to be doae to said pte~ises eotAias that ~ill alter or chaase tie nse aod d?uacter ot said ptopetty or ie sey ~ar ispair or ~ ~e~tea tYe securitr ot this ~tSate. And in ¢~se ot tbe refusal, oesleet o~ inabilitr o[ tpe Mortp~ac to repsir and saintaia a~id propet- , k tY. tAe Yortp~ee dr. at Ais optioo. s~te snch repairs or cause tbe s~me co be s~de. aad advaace ~soeeYa u tLat behalf. ~ (c) To p~r afl and sin~ut~r the tues. ~ssessoeau, levies. ti~bilicies. aed obliptioes oI every eatwe oa s~id described propertr each i aad e~sryr ~hee dae u~d pay~bk aecordiq w I~~. betore ther becare delis~ueat. ~od w delirer eo tbe,Yort~aaee 6n oc betore Msrc6 1SlA ot e~Y reu ux receipb erideacins tbe p~~teent of ~1! lavfully iopoted~t~[ea tor.t6e pteeedioa ¢aleodu yeu: lo iadeaoify tAe Yortpses r~ lua desand fo~ all tases, uussseats ~ed chsrte~ tbat Mr be ~ssessM npoa tbis ~?o~t~a~e oe the iodcltedness s•- cnred herelyr, uid p~id b~ t6e ~t~ee. withwt re~ard to aey 1a~ Neretofate eescted ot haeatter to Ae eoaoted isposin~ p~ysent oi We wbole ot anr ~stt thtteof ~oon the Motts~{ee. (d) To p~r all sed sinsulu ~hs cosu. c6~rses ~ed eipenaes. includin~ I~vyers• fees ~nd absuact costs reasooably incurred eK paid at aey ti~e br t6e Yatsatee beeawe of tbe tiil~re ae the p~rt of t6e 6lortp~or to petfors. cosply with and abide by e~c6 sad every the stipnl~tioes. ~~reeweeta. coeditions ~ed co~saaats d s~id pca~issory note ~od this deed. ar either. aod e~ery such'payceot shall bear ietwqt f~a~ date at the rate d tee (l0'f) per esett~ per a~nus. ' (e) It ia (nrther corenaeted aed ~jresd b~? wid pa~ties ~St ie t~e event d• ioit bein~ iastituted to tareetose Wis sort~e, tAe 6fat- pase awll M eatitkd w applr ~t aay ti~e oe~diai sue~ toteclasYre s~it W tYs caut ~avin~ juriadictiao thereof tot the ~ppointneot ot ~ rsceirer d~11 aed ain~ulu the ~atq~ed oroperqr. aad of ~Il reab. incose~. p~~ta. iaaues tod re~enues thereot. lro~ ~rhatsoerer ? sonree deri~ed; ~ed thsrwyoe it is Aerebr e:orqsly emresaeted ud ~~teed tY~t ~be Caut ahaU fortA~itY ~ppiat sreh reteirer .ith ~ tbe oawl ~en aod dutiu of reeeiren ia like ~ases; ~sd s~id ~~oiataene s5a11 be Mde-br t6e conrt u~ ieatter ot strict ri~t to the Mortpsse. ~sd ~ithant refcresce to We ~daqwey or iasdeqwey o! t6t ~alue ot the ptopertr 6erebr sottµ~sd, or to the solvency a insol~..er or ~~«wa~, «,or o~« ~~r a~r~oa..t ~o .~e snit. 'ILe Mortpsor 6erebr ~peeitietllr waives the ti~ht to object w tie apooiat~eot of ~ tcui~er u datesaid ~nd hersb~r e:~esay caueoti tA~t aneh ~~ointssnt alull At iude ~s an ~itad equity ~ed u~ rqe~ of ~bwl~rte ri~4t to ~Ye Nortpa~e ~ad ttiat tw sw Mr be dms ~itb~t notice to tbe Mort~s~a. If faroelwwe ~oeeedis~ ~Mould be iastiwted t{aia~t t6~ prooettp corsred ~ thia ~ottpp uoon aer otAer liee or ctaio ~hc~Aer ~ dlskd W es s~ior a jmio~ to We lies d N~iu ~yase. tie Morya~ee s~Y at his oPtioa iseediately ~pon instiwtioa of sneh a~it ~ ac datby Ite peedaw~ tatsot deelu~ t6is ~tsye ud tbs i~dcbtednssi ~sursd h~tsbp d~e apd ay~ble fa~lb~rith sod way st its _ ootim oroeseA to forselo~s t~is ~ortqse. 1 (V TAat re Mayyar ~ill teeP ~11 rcal ~nd oanoaal Drooerqr ~ at ~ereafcu e~eu~bereA br tbe liee ot t6ia aat~a~e ias~red ~s m~r be reqrned fw~ ti~e w ti~e ~r tbe Nortakea apinst losi bp Cre; riedstors asd otiur kaurds. e~swlties ~od contin~encies tor such ~tiada ~M [or sot kas twe ~ucA uowb u s~r bs rsqYired br tbe Moryasee aud to ar prosPtly ~r6eo due dl prea~iuas tor s~ch i~srrues. TM ~~ewu aI i~saruce reaairsd by t~e Yuts~scs ahall ?e tbs ~iaiw~ f~ounu t« wlicf~ s~id ias~ruce sA~ll be writtee sed it swll b~ i~e~beet pos tM 1~lo~tauar b~ais4ia i~cY adAitioaal iiisaralct ~s s~r bs secessary b~ee! aM towply fullr ~ritb ~11 co-iaowaee reqoira~ssq eont~iaed in said oolieiss to tba s~0 t4at t6e aaid Mo~t~or is not a co.iuYror thereunder.lesYrance ~iall bs ~rtittM hr a oa~y ar co~reiaa sopro~ed a dsaiputed h~ ths Mort~a~e~ aad all oeliai~s ~a0 rNe~~ls d~areot sb~ll be beld bp t6e Mortpsee. All dshiled dssipatiaos b~ tbs Mort~asar ~rhieY ~re ~cceoteA br Ibe 1lortp~ee ~ed all astsatets ?at~ecp Morti~tor aad MorW~ss rsl~tiRs to Lurrseea, 00t !1~lt{Oa 0[ MtqllCt ~At. ahaU be is vrities ae/ sh~ll be a out ot thia ~tpse ~aree~eat w tallp u t6ow6 sst tat~ ~erbati~ Ysreiu as0 ~11 ~owra bod~ prcies betsto asd tYsir ~M.cessors ~ed ~s~ips. t~lo I:ea opoa aey ot ~~W oolkiss ot issYt~Oes ot ~an a~f rstnod a~ tstdrs ~~~i~ ~Yie? ~sy be ~yabls aa the taeeellatia~ er terwis~tioe tAtteof, sAall be ~i~s~ to otYer t6a~ tpe Motyaass. s:esot !p proper end«ss~sst afti:ed w s~ec6 oolicr and ~~oved br Mat~ee. EacA policy ot iesrrs~ ~11 lyve afC:sA tLsreto ~ Sta~d~rd N~~ Yort Mottp~ss Cl~we ~ithoot Coatribatiaa. ~kin~ ill bss or losses ander such " oolier o.~•bIs w e~s Mon~y.s ia ie~ae.~ ..r a/~t. h~~nn aep s~. or ~u.a d.wney bsco.e ~ Mrsble tberew~der We 51ort- aa~e~ ~Mall Ya~e tYs oPtiae to receire aad ~oply cre sus a~ ueornt ot We iadsbtedaess Aereb~r s~e~reA, or to ocr~it the alatp~a i t~ rsosiss uN ws it. ar ~sp oart ~crsot, wit6oot d~ersbr wai~is~ ar iepa'uia~ aer ea.~~r. Ilsa. ar tipt Yadsr ~sd bp vinYe of this ~srtW~. i~ s~est o~ lws ar oApaie~l d~~a~e to tae ~t{aisd orooerty ihe Yortpsa~ sb~ll ~ive iwsedi~te sotiee thereot br mail to tAs Mortp~s~ aed tbe.~loit~ee =ir Mte oroot of loss it tbe sue is not made po~ttY jp~ ~he Mat~a~a. In eveot o[ for~lo_ sy~re ot Q~ K:,XT E^ ~~V'~L~' ~'S.uS ~ 'G~ `h _ tr~"`'~'~.,+~~~~ ~ .