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PROVtDEn, ALWAYS, that if the A1ort:a~ar shail pay unto the Nort~a~ee the indebtedness evide~ced by a
certain pranissory ~ote ot which the followin~ in words and fi~urCS is e true capy tav?it:
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ihr l~nit~•d ~t,~tr: al '.'.-'-1 E lii~i•~ynr lil~d., \liaiui, l'luri~la, ur at ,uc:: ......•r uia.:.~ a, t:i,• :~ui:l~:r~ f:.,:,~~.: u:.,. ..i;:... ~~r+:.: _ ~ i
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v~ f:;.. 3:r.f of eacn every :,:o_:;;: ' =i= _ - ` . ,N . ;
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';;i.e ~a~ a.~ca s?.all become aue a.~d pay~.~i.:.
This n~:e:
~a~• b~ pzcpaid in ~~~hote or in pact aftar one year fro:n t;~e datc hereof apon pagmr.ent of a~en: :.y e~;;::~:::::- -
:0 2~~•c ; e:.:rat of tha principat sua. prepaid.
i:a::: iu-L1II111CIit Y11'I2tCI:t :halt br cr~dited 6rst un the intrrest due, and t:te n:tnainder on prir.. ~_.al; a::~ i~tcr••.•t . i+a;t t::~•r,••
G..UI: C~'.:v 4iiUl! I{Ir ~,rincipat >o cr.~dited. ~ .
1 ii~• nia;.rr~ aie~~ riido:~.•r_ uf t1ei~ nutc furt~ier aoree to Naive denia~td, noticc of no~i-pa}'mcnt and prot.:~t, and in tta~~ ~•~c:.t ~
-~:ail JIUl1~:ll ~O[ lll~' cuii.~rlion h~rcof, or tii~ ~am~ has to be culleet~u upon deraand of aii attorney, to pay r~:~unat.ir :.:tc,:a~•~
:•r, tur iiia~:iit~ , uc1~ cuilc: ti,;ii. :
Uctrrrrci }~.~ynicni~ !i~•rru:~d~~r ;haii ~ar intere~t at the raic of te~ percent per annwn lrom maturit}' until .~aid.
1'ltii: no~r i~ ~c?~red .:nor:~..rz of even ~te 1~erewi.n -~nd is to be construed and enforeed aecord:ar to tiir. la . ol the ~ S
i;arida; upor. ::-f;:si. i:~ the payment of principal a.^.d~or intere_~t Nhen due, the whole sun: of pnncipai an int~~rr.~t ! r
r: n~inina unpaid ;h.~ll, at :F.e opiion of the holdets, become immediateiy c3:~e and paya b le.
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'r:rnlrrd by ler, Ttndric}?, attorneys -'3'_'40 Kiscayne f31vd., ~liami, :~-,::1a . }
ar~J shall perfcxm, crnnply with and abide by each and every the stipulat+ons. agreements. conditions and cove-
nants o[ said promissory note and of this deed, then this deed and the estate thereby created sha~l cease and be
null and void.
1. The Mortgagor hereby covenants and agrees: ~
(a) To pay all and s~n~ular the princ~paf and interest aad other swea of money payable by v~~lue o( sa~d promissory note and this
deed. or eit6er. pramptly on tAe daYs tespectivtly tAe aune stverally becoses due.
~ (b) To permit, cowmit or sutler no raate a~d to mainuin the imptovemeats at all times in a state ot ~ood repa~r and condit~on, and to
~ do or pena~t to be done to sa~d prem~ses no~hin~ that v~tl altec or cAaase tl~e use and characte~ of said property or in any w~y ~mp~~r a
i ~reaken the secunty of thi~ enort~a~e. And in case of the retusal, ae~lett or iaability of the Mort~~~or to repair and maint~~n s~id proper-
ty, ~he Mortp~ee m~y, at his opt~on, mske such repairs or cause tAe saax to be made, and advance ooneys in that beh~ll.
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3 (c) To pay ~11 and ~ia~~lu the taxes, assessments. Ievies, liabilities, and obli~atians o( every e~ture oe said described property each _
~ and every ~hen due and paY~ble accordin~ to lar, be(ore they becaee delinquent, and to del~verto the Mort~aeee m or before March
i ISth of each yesr ux• receipts evideacia~ the paY~ent of ~Il lavfully imposed taies tor.the precedios calendar yesr; to indemnity the
~ Irla~rt~a~ee upon his demand t« all ta:es, assessmcats aad chsrses that may be assessed upoo tAis mat~a~e on the iadebtedaess s~-
cwed herebr, and paid by the mort~aaee, ~ithout re`ard to sny lar beretofore enacted or hereafterto be enscted i~posiat ~apment o:
~ ~he ~hole or anlr ~art t6eteof upon the Mwt{~~ee.
(d) To par all and s~n~ulu the costs, chsr~ea and eapenses, ineludia~ laryus' feea snd sbau~et costt reasmably iacurted nr paid a~
any iime by the Marts~see becawe of the f~ilure oo the p~rt o( IAe Mortqsor to pedorm. cosply ~i~h and abide by each and evcry the
stipalatioos, agtements, conditioAs and coren~nts ot s~id ptomissory aote ~nd th~s deed. a eit6et, aad every sucl~~paYment sAall bear
i~te~est from date a~ the r~te of teo (!OS) per ceniwo per annwn. _
(e) It ia furthet coYenanted ud a~reed by s~id p~ttiei that in the event ot a suit bein{ ~a,~~w~ea to r«~~~o:~ ~n~s m«~i.~~, the Mat-
p~ec shat! be eaiitled to applr ~t any time peedins such toreclosure snit to d~e eourt baria~ j~risdietion ~hereof fa the appoiatment
of a receiver ot all snd sinaulu the aart~a~ed propeny. aad ot all renb. incomes, profits. isauas ~nd rerenues thereot, from Whauoerer
source derired; arW theceupon ic is Acrebr expreaslr coveoanted ~ad •t~eed t~at tDe Coart shsll forthrith appoint suc6 receiver r~th
the ~swl power+ and duties of receirers in lite cues; ~ed said appointment sAall be ade by tAe court as s aatter of strict ri~ht ~o
~ the Mort~a~ee, and rit6oot re(ereace to the sdequacy or insdequacr ot the ~alue ot t6e Otoperty herebr oort~s~ed. or to the sol~ency
or insolvency ot Q+e Mortaa{as or any other puty deteeM~nt to such suit. The Mort{atot herebr specitic~lly v~ives 1he ri{ht to ob~ect
~ to the appoimment of a receirer u ato~es~id ~nd hereby espresslr conaeats tAat sneh •ppoinmem shall be ~de •s an ~dmiued cqu~iy
and a~ a mtter o( ~baolute ri{ht to the Mort~a~ee aad that the saoc aay pe done ~rithout notice to the Mort~a~or.
~ U~ ~t forsciosure procetdinp shoutd be instituted apinst We propertr eorsred br t6i~ a~ort{~~-noon anY other lien or cla~m whe~her
~ alle~ed to be auperior or junior to We lien ot t6is aa~tp~e. che Mcrtta~ee m~y st bis optioe iamcd~~tely upon ~nstituuan of such suit
' or durin~ tAe pendency tAereot decl~re this mort~a~e •nd the indebtedness secured hereby due •nd p~rible torthr~th ar?~i may at ~~s
- opt~oo proceed to foreclo~e tAis mat~a~e.
~ Th~t tfie Mortpsa rili keto all re~l aad personal p~ooertr nmr or Dereatter eacumbered by ibc hen ot thia mortsa~e msured as maY i
~ be requ~red fros time to time by the Mortiasee aq~nst ?oss by fire, vinds~am and othet hasards, caswlties and conun~encies fm such
~R per~ods ~nd fot nol ku thae sucA aaounts as may be requued by the Mort~a~ae ~nd to oaY prosptly when due ~II prem~ue~s for such
= ias~uance. Tha sswnts of inaYruxe reqnired br t6e Mort~~tee s6a1) be tbe minimu~e ~mounls fot whlch s~id inaur~nce aAall be rntten
aod it sAalt De ineumbeat upoe ~he Mortsa~or to m~intain suc6 ~dditioasl iasurance as may be necess~ry to meet snd comply tulty ~ith
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•11 co-iaswaece requirementa conta~ned ~n s~id pol~ciea to tbe eod t6at the sa~d 6Aorts~~or is not a cwinauror therew~der.lneurance
~ shall be Mrritteo by ~ coepaer at coapsnies sOptoved a desiputed by tAe Mort~a~ee •nd ~11 poGcies and rene~als thereof sh~ll be he1J
by the Matp~ee. All detailed dcsi~aations br tAe ldat~ata ~hieh ~re accepted br the Ir/ortq~ce aad sll a~reemeets betreen Mort{aso~
~ and Ma~uee rel~tin~ to iasur~nce. oov existin~ or bueaftet eade. sbsU se in ~rritins and sbl) 8e a part o( this ~ort~a~e a{recmeet
u trllr aa thou~h set tatb ~srb~tim herein and sh~ll ~orem both panies hereto and their suceessors and assisns. No lien upon any of (
~ s~id policiea o( inswince ot upon ~nr refwid a rewtr. premium ~hicA eur be Oarible on the uacellation a terminauon theteof, shall
be ~iven tu other thsn the Mort~asee, e:cept by propet endorsewent af(iaed to sucA policy and ~pprovcd by Ma~~a~ee. Each policy nf
~ insuraeue ihall have a(Ctaed theroto ~ Staodud New Yotk Mottp~et Ci~use ~itbout Conuibutim, makin~ ~11 loss ar losses under .uch
~ policy parable to the Mortp~ee as its mterest ieay appeu. le the ev~ut say swo o~ swss of money becowe pariple thereunder the ~1ort• ;
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~ p~ee shalt h~ve tAe option to receire and ~pply the s~e~s on ~ecount ot tbe indebttdness hereAy secured, a to permit the ~k+rt`aRnr s
lo receire and use it, a any part thueof. without theteby vaivit.~ a isp~irin~ any equity, liea, or ri~ht under and Dy vutue ot thi.
aort~i{t. In Rvent ~t 1w~ or physical d~ma~e to ths a~ort~ased property the AAort~a{a sAall {ive ~mmed~ate gouce thereof by ma+l t~.
~ the Ma1{a~te -rnJ tAe Mon~ta6et may mate proof ot lo~. d the saau ~c no~ made prompdy by the or a ~ent of r~( ~
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