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PROVIDEn, ALWAYS, that if the !Nort~a~o~ shall pay unto the Mott~aaee the indebtedness evidenced by a
cettain promissory note a( whicb the follov?•in~ in wocds aad fi~ures is a true copy to-wit: •
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t~u~ Ntinc.i~ial.untuf 1L1:7' ~''!10L~S8T1C~ ' 1VE: i2UY~oT'Y4 i'1i: ~•?^d ~~C~~17~D0l.LAlt~~, tuoct}ier ?vitl~ int~rwt
tiu~rrun [rum datc at tltr r:?lr uf tcn prn:cnt, pz~ annuni unlii enaturity, Luth priucip:s! ar~d intcr~..~i 6ring payabi.~ in lawfu! ~nuncy uf
~ tli~ l;ailed ~t:et.•: at '.'.'~•1-~ Bi~csync t31vd., i\lisuii, ~lorida, oc ai ~uch ot:icr plnce :u tl~e'!wl:len her.:of may dc,itinate in wcitino
. 1`rincipal snd intcrr:t paysl~lc in i~utall~ucn?s fullows:
,
' f One-:.ur.cred (:;~30~.00) DoI7.r.rs per month, oegirni~:~~~ o._ ~Y:~ l~s.:~~: c~:~* of
' ~ December, 1~: 9, a::a c ontinuin~ on the 15th d~y of e~c~ ~:u F"~ ^~~nt^
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~ i thereai'ter ur~til paid in full. ~
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Thi~ note uiay L~ pr~;~sid in M•holc or in pact aiter one ycar [rom the date l~ereof upon payment ot a penalty cyu~val~i:t tu t~vu , ~
prrcc~it o[ ttic prir.rip~l ~~~ti F,repaid. ~
E.:cti iii~ta:lia~~nt pa~~nirnt sl~a{t be cn:dited fir~t on ihe interest due, and the rcmai~der on principal; and interr~c s!?sll thCre-
u~?un c~~yu• uJ?u~~ tl:~• ~?rinciual su crcdilcd. ~
~ T!?c iiialrn aud rndusv:n uf tt~i~ nute [urthcr :?grce lo wsive dent:ti~d, iiotice o[ non-payment and protest, :,:~d in thc eveiit ..uit
~~aU be bru:raiat for lltc coll~~ctiun 1?ercof, or the ~ame !?a; to he coliectcd uEwn demand oi an alturney, to pa~• r~a.wnaLle atto:.~~y':
; ~r.~ for malir.; .uch cullcction_ ~
U~frrr.•u ~?a~ ~uci:t~ !?cr~under ~l~all l~ar inter~at at d~e ratc ui tcn p~rceut pcr annum [rwn maturit~ until pdid.
7'fii~ ac,ir i~ ~:r.ured by a mor orge of ~y~en date herewiih und i~ to tu construed and en[orced accordin~ to thr ia~ of the
~tate of Floricia; upon def;~ult in lh~ payi'k?ent of pnncipal anclloz int~rest when due, the who{e sum c?f principal and interest
remaining unpaid ~t~ail, a! the optiun of the holdrrs, become immedi tely due and payable.
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Yrcparcd by ~pi.lar S Tendrich, Attorney~ - 2240 Bucayne l3lvd., 1]iami, lorida
and shall perform, comply with and abide by each and every the stipulations, agreemeats. conditions and cova ~
nants of said promissory note and of this deed, then this deed aud the estate thereby created shall cease and be
null and void.
1. The Mort6aaor hereby covenants and ascees: ~
(a) To paY all and sinsulu the principal and interest and ather sums ot moneY WY~ble by virtue ot said pranissory note a~d this ~
decd, a either, praptly oa the dsys respecGvely the ssee sevenllr becomes dne.
(b) To permit, coa~it or auf(er no ~sste aad to ~ainuie t6e ioproveseats ~t ~11 ti~ea i~ a st~te of sood repai~ aad coeditioa. sad to
do or persit to be done to said premises notdia~ that vill alter or cbsnie the nse and ch~ractet ot said property a ia aey rsy impair or
reaken the security ot this so~t~a~e. Antl ia ca:e o( the refasal. at~leet ar ioability ot t6e 1~lott~~iot to tepau aod ssint~in said proper-
II ty, the Mat~a~ee may. at his optiou• a~ake suc~ repsits ar cawe the aame to be ~ede. and adraoce soaeys in t6at eeh~l(.
lc) To pay all aed ains~l~r the taxes, aasessoenu, lerie~. {i~bilities, asd obli{atioos ot every eature m ssid described propcrty esch r
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j and every w~hee doe and payable accordin~ to 1~~, betae-tLey beoo~e deliayuent. and to deliva to tbe Mort~aiee oa or betore MarcA i
! lSth of eacA year ux receipts eridc~xias tde payment ot ~11 IswfuUp i~posed tsaes for.tbe pcecedin~ c~leodu 7eu; to indemify the •
~ ?lat~asee upoe hia demand fa all ta:es, a;sescmena aad cDar~es Wat awy be assessed ~ooa_ this wartN~e on We iadebtedness s•- `
~ cured hercby, and psid by tl~e mataa~te, vithout resard to anr lar heretotore enaeted a bereatter to be enacted imposina ?ay~oent of ~
~ ~he vhole or any ~art thereo( upon the Mort~a~ee.
~ (d) To par al{ and sir?sulu the costs, char~ea and expenses. iaeludin~ lrryets' tees and abstt~ct costs reasonably incurted eK paid at
sny time by the Mat~ssee beeause ot the t~il~e on the p~rt of the Mortqsor to pertotw, eosply ~ith and abide by e~ch and ever~ ~he
~tipulatians. a{reeacnts. caeditions aad coreasets ot said ptomissocy note and this died. at eithet. and every sucA~ptyseot sh~ll hear
intcrest (roni date at ~he nte of ~en U04.) per centu~ per annum.
(e) 1t is turiher co~ensnted and a~eed br said parties that ia the erent ot a suit beie~ institnted to foreclnse Nia ~a~tsa~e. the ~fa~-
p~ee sh~ll be eati~kd to ~pplr ~t any tise peadin~ eucb faeclosure suit ta the eaurt Iwvie~ jurisdietiae thereof tar the-~ppoia~s~em
ot a receirer of all and sieKulu die mortp~ed propertr. asd of all reats. iacw~es. p~ofiu. issuea aod revenues tAereof. fros rhatsoe•er
source derived; and tdereupon it is hereby expressly eoveaanted and ~=reed tAat the Cawt s6a11 torthwit6 aypoiut sucA receiver rith
the uswl po.rers and duties of receive~s in like e~ses; aod s~id ~~OIDlm60l SAIII bt wde br tbe court a matter of strict ri~At to
the 1~lort~a~ee, aad rithout re(erence to tAe adequacr or ia~dequ~cy of the ralne ot tbe propertY 6erebr oo~tqsed. a to tAe solvency
or insolvency of the Mortq~as ar any other partr defendaat to suck sui4 7Le MorWio~ 6ereby specitic~lly raivex We ris~t to ob~eci
to the appoiotment of a reteiver as atoresaid and herebr expressly caescats Wat sueb ~pooietsent shall be ade ~s an adoitted equity
and ss a mtter ot ~bsolute ri{ht to Me Mo~tp~et ud tlut trs s~Le s~r be doee rit!?att sotite to tit Mo~~a~or.
(f) If foteclosure proceediep should pe iastituted aqimt t6e ptoperty corered by Wis oortpse Y000 ally OWlt IICA Of CI~Im MA~tlltf
~ .atle~ed w be superiar yr_ )wior to tAe lien o( Wia oortsase, Me MonNtee ~aY at 6is oytios irsdialely upoe iastitutim ot sucA suit i
~ or dwin~ the penOcsc~ t6ereof declare this oortNSe snd tbe iadebtedaess sce~red berebr due ~nd p~yable torthwith and msy at its ~
optioo proceed to [oreclose this martsa~e. t
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Tfi~t We INortµ~or ~ill keep aIl real and perso~~l pcopert7 nwr a 6eteafter encuaberod by ~he liee ot this sort~s~e insured as may
be reouired frow «me to ti~e bp the Mort~~iee apinst loss br tire. rieds~ors and otber h~zuds. ceswlties and contintencies for such
periods and ior not less tYae ~YC6 ~~oYnta ss alr be requiced by the Mottsaiee aod to p~Y ptoay?tly rhen due all prem~ums fa such
inaw~aee. The aoama ot ios~raece reqYired by the Mortqase s6~11 be tYe ~ini~r +saiets ta~ ~hic6 said iaswasce shall be ~ritten
•nd it sb~ll be incuabent upoa tLe Mort~a~or to ~ainuia sreh ~dditioaal in~ur~nce as aay be aeeess~ry to seet ~ad caaplY fully .ith
all co-iasuraace requircmeata eonuiaed ie said policies to tke se0 tMat tbe a~id Morttuar is not a co-ins~uor thereunder.losurance
shall be rritten br ~ co~p~ar a cospanies aopcoved a dcsiputed by tbe Mat~a{ee and ~Il policies aed reoersls thertot sh~ll be beld
by the Mat~asee. All detailed desi~eatioos by i6e 1~IortNio~ ~hich ue accepted by IAe Mott{atee and sll ~teemeats behrcen 61ort~a~or
and Man~a~ee rtl~tin~ to iusnrsoee, now esiatin~ or eereafta ~ade. shall be in vritin~ ~ed s6~11 be ~ part o( tbia mortp{e a~reement
as fully as thou~h set fortA ~erbatia hereio and ~6a11 ~o~em bWh parties heceto aad their soccessors sed assi{os. No lien upon anY ot
s~id oolicies o( iaauraace ar ~ aup retuod or retura ~e~i~ vAich alr be wrible ousd~eis~qll~tia! or terwinauon tAercot. sh~ll
be ~iven to other tban t6e Morttatee. eacept br ~oser eedorss~set ~tfi:ed co sYCA poliJy~ad ~pit~'red br Mortsatce. Each policy of
ins~r~nee slull Aare ~tfised Ueteto ~ Stsodard Ne~ Yett Mottp~es Clause ritbwt Contribatioo, sykins ~U toss a losses under ~~cA
policr p~r~ble ~o ~At Mortp~ee as its iotereat s~r s~/err. Is t~s s~Nt as~r s~w a~u~s of eoaer beeose Mr~blc therenndcr tAe Nort-
q~ce sball hare t!e optim to receive sad aoplr ~be aue a~ ~ccaat af tbe iadsDtedneas 6ereby sec~red. or to pen~it tAe Mor~~~Eot
n
to recei~e ~ad nst it. or aar oart tAereol. ~itAoYt thereby ~~ivio= a iay~itin~ .nr eau~ir. lifp.,at ri~At uodtr sod b rijtYC gt..tAis
•ort~ye. In event ot loss a pbrsic~l d~~a~e ~o i6e ~or~a~ed prooenr ~Le Mortp{o~ sl~11 ~iv~ iitrsediat~ ~Eetic~ lTi eef a~~l to
the Matp~te and the Mor~~a~ee say a~ake proof of IAS if thc saa~e is not u?~de praa~ptly.by. ~~~ja11a e~,e~nt~vfj~o~ef~sure o(
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