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PROVIDEt1. ALWAYS, that i[ the Mat~~~ot shall pay unto the Monis~ae the i~debtednes: evidenced by a
cert~i~ promissoty eote o[ which the foltowin~ in wocds and [i~ures i~ s true copy to-wit: ,
~ October bth ~y 6~_
t 3, 600. 00 M,am~, Flon~-
FOIt VALUE litCEtVED t~e , iointl~ And severall~ ~umise w pay
totheorde~uf CITY!JIDP. INC., A Florida Corporation
the principal uum uI Three ThousAnd Six Hundred and No/100 DOLI.ARS, together with inttreat
the~eon In~m date ot the nte o[ trn percent, per annum until maturity. bo1h principal and interat beina p~yabk in I~wful money oI
the llnited ~tal~~ at 2'244 Biecayoe Blvd.. Miami, Florida. ot at wch other place as the hdden benof ~aay daigoate in wtitin6. `
Principal aad intercat pay~We in installme~b aa followr
Fifty ($50.00) Dollars per month, for thirty-five (35) consecutive
months, on the 15th day of each and every month, ~eginning on the
15th d~y of November, 1969, and continuing until the 15th day of
October, 1972, at which time the balance shall become due and payable.
. ,
at an t me ,w~tt~out. penal
This note may be pcepaid in whole o~ in part ~idd d~K
p~m~~x ~~d~oxdcpr~~dX
Each inatallment payment shall be credited first on the inte~rt due, and the remaindu oe principal: and intr.rest shali thac
upon crase upon thr principal eo credited. ~ ~
The make~ and endorsers of this note futther agree to vraive demand, notice of non-payment and pwtat, and in the event suit
shall br. brought for the cdlection heceof, or the ~ame has to be coilected upon demand of an attorney, to pay-te~uoeabk ~ttorney i
fees [o~ making sueh collection.
Deferred payments hereunder shall beu interest at the rate of ten peecent pet aneum Iwm maturitp until Faid.
This note is eecured ~y a nwrtg,~ge~of even date huewith and is to be coastrued aad eafoe~oed aooo[du~ to th~ ~+~rs of the
State of Florida; upon default in thepa
yment of principal andlor iatuest Mrhen due. tl~e w6ok wim d prmcipa~ and intered
remaining unpaid shaU, at the option of the holde~s, become ~mmedia due and pt ~jbk.
- ,S l~~L~ , (SEAL)
~ + .
o~ Q (S~AL)
Prcpued by Spiekr dt Tendrich. Attorney~ - 7140 BiKayne B1rd.. NWmi. Flarjda
and shall perform. comply with and abide by each and every the stipulations, a~reements, conditions and cova
naats of said promissory note and of this deed. thea this deed and the estate thereby created shall cease and be
null and void.
1. T6e Mort~asoc heteby covenaots aad a~rees:
(v To p~y all and sin~ulu the priacipal aed interest aod otAer aWOS of mooey p~yable by ~inue o( said prom:ssa~y note aed tAis
deed. ar either. praeptly oo We days respectirely t6e asme severalty becoaes due. j
(b) To per.it. ca.mit a~ sutter oo ~raste a.od to wint~ia t6e i.pco~eseets at all tises je ~ state of ~ood repair and coaditiao. and to
i do or per~it to be doae to said pre~ises awAioj ~6at will alter or c6aase the use aod cbu~ctet ot uid property or ia aeY ~ray ispair or
~ reaten the ucariqr o! tbis sort~e. Aad ia tase of t6e retasd. ae~leet a iaabilitr o[ t4e 11ort~or 1o tep~ir ~nd auiat~in s~id poper-
~ ty. tAe MartWSee saY, at 6is optian. sake suc6 ~epairs or esuse the same to be asde, aed adv~nce ~oeelrs io that behalf. °
(e) To p~r ~11 snd aiajulu tbc tuei. asseumenta. le•ies. li~bilitiea. aad obliqtioos ot eveqr nadue pa said described prooertr eacA
aad eveqr ~hen due ~ed p~yable aecordinj to I~~. bc[ae t6eY becaoe delinqnent, to8 to deliva W We Mottia~ee a? or before 6hreA
ISt6 ot eacY reu taz receipts erideaein~ We pa~rsent ot all la~fully iaposed tues tor.tAe pteeedio~ e~leodu yeu; to iadeeeify the
Mortiasee oooe hia'6es~sd tor all tases. oseasweats aod chu~es t~at ~ar be usessed apow this ~arttap oe Me iadebtedaeu s•-
cnred he~ebr. aad paid bp the sort~asce. rithout re~ard to anr la~r 6eretofore ee~eted o~ 6uea(ter w be eoacted isposin~ p~ri~ent ot
t6e r6ole or aer ~art thereot upon the Mort~~~ee.
(d) To psy all sad siosulu tAe costs. cAarses and expenses. iocludie~ Ia~yers• teea aud abstraet costs reasmaplr iecuRed ~r paid at
aoy tiwe by t6e Mortaa~ee because of the f~ilure on the p~n ot t6e Mortp~or to putor~. casPly ~ith sod abide by each aad every the
stipulatioas. a~ree~eata, eooditiaes aod coreeaau ot said ptoaiasory eote and tAis il2ed. at eit6er, aod every sucb'p~y~ent sAall bear
intuest tras dato ~t tbe r~te ot tea (10'~) per ceatws per aanm. ~
(e) It is [urd~a covea~ated aud a~reed b~ uid parties that in t6e erent d a sut bei~ is~tituted to tareelose Wia o~octpie. the l~Aorc-
paes sMall bs eatitkd w~pplr ~t aey ti~e pO~AIOs lYC~ IOtltI011rC iYl~ [O tb! COYIt Ilir~pj jlrYdtClIOC lYCKO~ IOf W! ~pPO111IMAt '
ot s reeeirer ot all sab sinsulu We oat~aisd ~oDerqr. aed of all reocs. iaca~es. pr~ts, isswa ~sd re~eaaes tAereot. fro~ ~Aataocrer 1
sonree deri~ed: and therseDoe it is herebr sxpcwslr coreeuted ud ~~reed tb~t tbs Coart s6ap tartM~itr ~p~oist sneU receiver riiA
~6e uswl ~ers aod dutiw of reoeirera in like cues; ud uid a~oiaysat sialt be ~ade br t6e ~art u~ aatter of stric~ ri~4t ~o
t6e Yon~aaee. ~a0 ~ithoYt retere~ce to t6e ~deauacy or uudeawcr of d~e ~alue ot t4e propertr berebr sort{a~ed. ar ~o the solrencr
ar iosol~teer of t6e Morts~{at~ at aup otba partp dettadmt to ~rc6 snit. The A/ort~or 6srebr ipecitieallr ~aives the riaht to object
to tYe ~ppoiat~eat d a receire~ u~tatesaid uW herebr e~pres~ly aoeacets ta~t suc6 appiut~eat a6a11 M ~de ~s m~daitted equity
~ad ~s ~ reter of ~bsoltite risLt W ~6e Moryaaee ~ed tYat ths sa~e ar be daaa ~vit~ort ~otiot to tbe Mott~a~ot.
(f) If tareclwure ~oceedieas ahooW be ~s.~;w~ea we ~ooenr co.e~ea br mu .ons.se oooe .er aeK ree o~ ei.~..,u~~~
~ ~lle~sd to De srperior at jasior to tbe liea o( t~ia ~ort{ase. tbt Yort~a~ee sar at his oPtioe issedi~tely uoon iostitatice of s~ch suit ~
~ or drri~ t!e oeadqey tYs~eof deelue tdi~ ~Wq a~d tM iMebtedee~s aecurea 6~rsbp dne aad oayable fatb~itb wd Mr ~t its '
~ optim Oroceed w [orselo~e lbis ~se. ~
71at tie Mort~ar niU ksso dl rcal aed pu~os~l pro/srtr ~ a Maeafar eacusbeted br Ue lisa ot tYu ~t~a~e inswed as s~y
- bs requi~sd frow tiee .to ti~e bp tYe Mortp~ee apiast Iws b~ Cre. ~riadstars aad ot6er hssuds. euwlties uW caetm~eacies for s~ch
~ioda ~ai tar eot kss tras sYCM ~~ousts u~lr N teqYUed sy tbs Mort{a~ee aod to p~Y pro~ptlr ~hea dYe all ~eoiuws fa sYCh
aurnee~. '11w a~orq a! ia~rr~c rsarired ~r the 11ort~~s~ shdl be ~6e ~iniws ~so~ats fot ~~id s~iA ias~raace aball be ~rittee
and it Aall be iec~beat rooe Ws Yay~at to Mutai~ socA ~dditioeal iesarssce u sar bs aeeessary to ~ee! aod eosply fullr ritb
~11 caia~rnuce reqare~sata caotsieed ia a~id polieiss to tlie ssd t4at the said Mort~ssa is sot a co-ina~ror thereuader.lasur~nce
a6a11 bs ~riu~a b~ eo~~ at eo~qvi~s t~ored ar dtiiwtsd Yy tbs Mort~a~ea asd ~U pliei~s ~sd ews~~ls dursof sb~lf be 6sld
~r ths Mort~ee. All dstailed dsai~oatiass bp tre Mort~a~or rkicA ~re aecept~d b~ d~e Yortp~es asd all aasNeats bt.ee~ Mortp~ar
aad Mo~rtpps rel~tu~ to issrrseee, eoi esiati~ a Y~rsafta a~As. s6~11 be ie rritins ~sd a6~11 ee a att d tAia sorya~e a~rse~eet
u tollp u tbo~A set fort6 ~srb~ti~ lareis aN slwll {o~srn YWh pacties 1?srsw ~ad their srecssson aad usi~ea. No lien uooa wr ot
s~10 pliei~s at iesarMes ar qa~ ahr rshod or rst~r ~Ni.. ..r ~e o.y.sis oe ~se ea.eeua~oe « k~.a.~:on uK~eot. sAall
bs ~i~~s to otUe~ tYr tMs YorWi~e. eseeM bf Oro~s~ ~~done~sst ~ffised W sne? ooliey aed ~~orsd by 6larys~te. Each poticr ot
insr~ ~II wve ~(fi:sA d~erew ~ it~adrd Ne~ Y~k MaW~es Clawe vitLaot Ca~trihtiaa, Mkis~ i0 lass a tosses ~wdcr sYCA
oolley ar~slt w Ns lfottp~se u its iataest ~r ~~n. U tb ~~qt s~ s~ ar ~oss ot eossy bsea~e Mr~b1e t6ereundet the lilart-
~yes dull Ma~e ~!s oPtioa to reteire ~ad ~oply t~e s~M o~ accorat at Us isa~?tedaeas bereb~ ssureA. a to oer~it the lforqaEa
te rscei~s u/ ws it. or aar oart tYsrsot. ~itboot tAuey ~~i~ie~~ or i~siriu~ uy eqnitr. lie~. a ript ueder aiW bp rirtne ot ~his
¦at~a~~. U srest ol Iwa a olriied dwaa to tYe ~tas~cd ~ooenY ~e ~1ortN~or s6~lt ~ive iredi~ee ~otice tbereof br inait to
tAt Morya~se asd ths Matµ~ee ~r ~uke ~o~ of losa i( tAe sa~e-is aet:m~de ~osotly by the Yort~a~a. la e~eat o( foreclosrre of
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