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Home My WebLink About1239 ~~t~ . ~~~r ~ . . PRl)YlDEII, Al.V1AYS, that if the ~bt~aa~ot sAsll pry unto the Mott=a~ee the indebtedness evidenced by a cert~~n Rtwni~sory nute_,,.~~[ whi~h the followint in wurds a~d fi~ures is s true c~.py taw~it: = 4, 600.00 ~a~~ t~;,~;, ~«;a. April 25, 19 ~p . FOR VAi.UE RDCEIVED- We ~~oiatl~r and eeverally ~ co the ader oE C~ ~ priecipd «us oI our ouS UII o DOLLARS. Eoaethu Mrith iata~at fi~om da~e at d~e nte at ten pe~+o~nt, per anaum u+~ti! matueiq. both p~u+apa! ~d iatee+at bei+~6 Myabk is la~rEul a~a~ry ot P Unitcd Stata at 22~14 Bi~cayae Blvd.. Mia~i, Florida, ar at w~ch otl~er plaoe as tbe bdden ba+eof a~r dni~te in wriW~,. rmciipal +ind iat~rat pn?able i~ iatallme~b as foUo.vs: . Seventy (8?Q.00) Dollara per month, tor eixty (60) coneecutive aoathe, on the 15th day o! each and every month, beginaing on the 15th day o! ~ Juae, 19?4, gnd aoatinuing until the 15th d~r oi Juns, 19?5, a~ ~+hieh ti~s the balanae shall beaoae due ead pt~yable. ` ; This note may be e aid ia Mwl ~ P~ P e e~ ia part after one year [roaa tbe date hereof upon p~yp~eat ot ~ penalty eqni~alent to fivc pcrccnt of the principal swn prepaid. ~b ~um~c ~.y~~c ~.t~ ~ ~a;c~a ~c ~ c~ mc~.e a~, .TMt ctk ~ o~ and inte~st ~hall the~- upor~ ceaee upon the pnncip,J w ecedited. ~ The nukers and endo~xn of this twte furtba a~e~e to vaire denwnd, notioe of aon-~aynknt and pnotest~ and in the eveni iuit shall be broug,ht foe the cdlection he~eof, or d~e ame ha~ t~o 6e eo~ npoa denund of aa attorney. to pn? rr.aeonabk attornry i e~a tor e~cb cdkction. Def~payme~b haeunda duU bear interat at th~ rate of ta~ ' pee~xnt pu aannm b~oa~ maturiq antil paid: This aote is eeenced_ b~r a a~ort~e of ~r~ d~1e iieee~ritb ana i~ to be ooa~etied aad eofa+oed aooordu~ to -d~e IaMrs of tbe • State of FYorida; qpoo def~ YI ~E~ I~A~ OE ~fpC~I ~pt jp M~ ~Ip~ d1E MIIO~e w1AI OI ~f1iC1~.~ IfICERl~ - It'llrlfllp6 YI~ ~ !t ~IQ =1011 OI iDE ~t ~P ~ ~OOIqE ::'~`~.~.q~..' ~6C (SEAL) ~ ~ - / ~ f ~ ~P~ b ~ ~ Te+~drie~. Attoeaeys - ??~0 Biarae ~ri.. Miua~ F~1~` !=-`s'~~.~~-~ . ~~L~ anJ ~hal! perform, canply with and abide by eaeh and every the stipulations, aareements, conditions and cove- ~ants of said promissory note and of this dced, then thia deed and the estate thereby created shall cease and be - ~ull and void. 1. The Mortgagor hereby covenants and sErees: (a) To pay atl +nd sin~ulsr the pnnc~pal arid interest and o~her suma ot money psysble by rirtue o( said prom~ssory no~e and this dccd, or either, yromptly on the days reapectirely the samt sevetally becomes doe. (b) To permit, comm~t or sutter na ~aate aad to ma~ntaie the improvements at sll times in a state o( ~ood repair and coaditioe, and to do or permit to be done to said preaues eoth~n~ that v~tl alter or chanie the use aad cbuactet o! said ptoperty or in aey wsy impair or reaklo the securily_oi.this sQrt~e. Ma in ~~se of che refu~al, pesleet ar iq~rility o[ d~e ?lortppr ip repair sud ayia~aie ~ii.sr~per- t). the ilor~µ~ee,msYr st his oppoo. m~ke s~cb repairs nr causo. tAe saqe to be ~sde.~nd adv_3nce moeeys in that bet~~lG , (c) To p~y al~ and s~e=ul~ tAe tues. aajss}seats. leries, 1i~bilities. ~od oblijatioas.,of erery nat~te oa.n;aid dese~ibed propertp eicA and every ~lun duc and psyablc accadia~.tQ ia~r. befare tbey beco~e deliaqeeet, uW to dd[ver t~'tbe I~ortia~ee oa or betore March ISth of tsc6 year 1~: recei~tw evideoeia~ the paYment ot all Ia~tollg-i~e0 ta7te~! far.lAa-pcecedi~ t~leuau Year, to indaheify the ?fartp~ee ~pon hisc .de~eaid. (or.all laxes, assessments aod • eAar~ts that ry be asseslCd upo~ thia oa~tp{e oe tAaiedtbie e~s cured herebp, and p~d br ~Ye matsa~es, yiihont reaud. to aag Isr deretofore eaacted or hercatte~ to be eoacted iisposin~ ~ymeot o: the ~rhole a any ~art thereoi` upon tlie Mort~a~ee. - • ' , (d? Tu pay sll and xin6ulsr ~be co~ts, cAat~es and expenses, ieclud~n~ lavytrs' fees sed absu~et co~ta reasonably incurred ix pa~C at any t~~ar by ~hc Murteaaee because of the f~ilure oa the p~rt of Wt Mottq~or to per(ar~, caApl~ r+s6 and ab~Ae by esch snd e~•r•~ the su~wlations. apeements, conditions and corenants ot said pranissay note u~d tAis deed, or either, aud every aucA'paye~ent shall t~r.r IMerest frae date at the nte of ten`I10'i) per centws per annwa. (cl It is furthcr covenanted and aveed by said parlies that in tht erent ot a salt bei~ iestilMed to foteelnse tfiia cat~aat, tAe 11~x~. ~a~ee sball be tatitlM to appty at aaY tise per~ins such loteclosare sYil to tbe couA 4svioa jurisdictioa U~erept (or ~he sppo~n~men~ ot a receiver of sll aad aia~ular the ~tja~cd propcrty, aad o( all reots. iacose~. p~otiu. issues aad reveaues thereof, trae ~r6ai~oe~r? source detired; aad thereupon it is Aereby expresslr coreaaated and ~{reed th~t t6e CauE shall tathritb a~oint s~tch recti~~r +~~A the usuai powers and dut~es of receivera in like cises; and ssid ~ype?intsent sball be m~de by t6t cowt ss a matter ot ~trict r~sh~ the Matsa~ee, and a~thaut reterence to the sdequacy a insdeqa~cy ot We ~alue ot tht p~opertr Aercby ~eott~a~ed. or to U~e s~•I.en.. or insolvency of the Atortsa~ars or sny olher party defendaet to sucb suit. The A/ort~a~or Ae~ebr specitically raives tAe riah~ ~o vh~rc~ to the sppo~ntwiea~ of ~ receirer ~s aforesaid aod Aerebr ezpresalr conseats t6at auc6 appoiatsent shall be mde as an adeuned rqu~t~ and ss a mat[er of absolute ri~ht W the Mortp~ee sed tAat the faae mr Y~ doee w~itbout not~se to tAe Mo~qasor. ' (t) If foreclosure proceediap should be instituted aaaiast tbe prope~ty covered br t6is ~tp~e upon anr oNer lien or cl~im wR~~her alle~ed to be srperia a ju~ip to tiy Iiea ot this satt~a~e. the Yatsa~ee o~y at his opuan issedutely upon ~nstitudoa of .ucA sult ' a durins ~he peadeacy thereot declare tbia mort~a~e ind the indcbtedaess secured hereby dae aad payable tMtl~wi~A and may ~i i~. t option proceed to fo~eclose this reottk~e. (V 't'hat the Mortaa~or eill ktep all re~l aM persa?al ptope~ty ao~r a heteafter eecuAEeted br t~t licn of tLis mort~a~e ~+~sured as m~v be required kos time to tiise by tbe Mottsasee aiainst loss py fire, ~rindstao and other hazsrds, c~swlties snd coe~iaEenc~es (o~ .u.h per?ods and ia oot leu Waa such a~ounts as may be required by tbe 61ort{s{ee and to par proeptlr rhen due all prem~uma t~ such ieturaaee. Tbe amounts o( iasrnnce required br Uu 11ort~ee st~lt be tAe.~in;inwa aaqun~s for ~6icA said ensurance aAalt be »~ucn aed it ahall be encwibent upon tbe ~Iprtji~or to maintsio aneA additim~l insYraace u•eap be necess~~y to mett and comply (ully w~th all co-inawuce reanirea~ents conlaiaed in asid policies to the ead that the said Mortp~or is no1 ~ to-insurot WereunCer.lnsurance sh~11 be w~ritten br a co~paer ar co~panies a~oved or /es~~aated br the ~1ort~kee sMd a!! plicies and rene~rals thtteo[ shall be Seld by the Mor~~ee, All detailed desisnatioes by tde ?{ortjs~ot which ue accepted by the Matpate snd all ssreewenta be~.recn 6/ortp=or snd Mortq~ee relatin~ to inaur~nce. ao~ e:istins or herestter n~de. sAsll be in rritins u~d th~ll be a put o( this iaortp~e s~recmenc as fully as thou~h ae~ fatM ~erb~tim Aerein sad shall ~orern both oarties AereW and Weir srccessas and assi~ns. No lieo ypoe iny ut a~id policies of insw~nce or uPaa aay retund or retum prewiue w~Aicb .ar ~ wr~te op ~ c.a~eu.~:ee a'krowe.~~o~ ~n«<ot, sh~ll be ~i~en to otAer thaa tAe Mortp{ee. e~cept by ptoper arlo~se~eat aQiaed to s~eM oolicy aod ~~oved br Mortaa~ee. EscA policy ~,f ~ inswsace shall have dG~ed Uxreto a Standard Ne~ Yorlc Notyape Chws rrithont Coavi~tion. Ykins ~1~ loss or losses ~nde~ ,uch policlr p~rsble to 1he Mottp~ee as its ioterest e~ar ~psu. Is tAs lretlt ~ep sYe at suss ot so~er beeaae pay~ble tAeteunder tAe ~fott- ! ~a~ee shsll hare the opum to reccire and ~pply t6e s~~e an aeeonnt o( the iedeattdness Aereby secured. w to permit the ~lortaa~~r i to receire aad we a sny psrl thereot, withwt thereby waivias or ispairiu~ anY Y~ Wr• Aita~ oyri~At ~adcr and by v~rtue of th„ awrt~~se. la erent oj loss or physical daau~e to tAe sort~a~ed property tAe Mort~a~e~~iU:+=ive idwed~~te nouce thereof by Ra+t f~~ ~he Mat~a~ee and the Mor~t.t~ee may make proof of loss if tht saaee ~s not enade ponptly by tht Mor ~,r[~~v~p~ lure~ln.ure o( iAC ti . . . _ - ao~~.84 '1 _ . . _ - _ - . .