HomeMy WebLinkAbout0487 t
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1. To pay alt a~d +ina~?i+r t~ks Pri~iPai awd intereit a„d ot~ker auma of ~Y P~~ MI
virlue of aaid promiaaory wote_ and tJlia deed, o~' eit~+e~'. P*~P~v ow t,he days reapea?:'veiY tbs
aarne aevsral~y bsco~ne du~.
E. To puy aU and ain~ t~ taxsa, aaeas~nantt, levisa, liab~itiea, obl~ation~, a~d eKOU~w-
brancea of every ~natxre ow aad deao~ed propert~l. eack and every, a~d if tlas-aa~ns be wot ~'n'omPt~
1~t Pa+d t~e said alwrt~apee~._, ita ~d rspresentatives or aa+i0~, ~af? ;
tane pay tAe same witlaout waivinp or af~ea~i~p tlle option to loree~o~ss or a~g? ri~lat lleraw~de~',
and eve*f+ PaYment ao made allan bear i~ter~st ~ro~n tl~ date tl~ereof at tl~a rat~s o~
8 ~
ccnt. per a~aaaa~. '
s. To pay aA and ai~ar t,li~e coati, char~ea a~td expenaet, i»ciudinp iawyer's feea, reasox-
aaty inc:a~rea or paia at any tim~ by aaia 3torty?agee--. it s le~,d ,•epresentative.
or aaaigns, bacauae of ths fa~wa on the part of t,hs said Mortyayor_.. his _~Ou~
repreaentalive~ or aaaip~ to peryor~ co~tPry ~oitk a~nd abide by eac11 a~nd every tlae afiip~atio„a,
c~reementa, oonditiona a~nd covenax~a of aaid promiaaory note- wtid thia dasd, or either. ~nd ~
~~y ~ p~y~~ :~.II t,car inlereat frnm date at t1~e rate of 8 per' cent. Pe~' ~a~. ~
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To kaep ths b~a7dings xow or hareaf
ter on aaid land inaured iri a a~an not ieas thari 3
highest insurable value n~~, ix a eompany or companie+
to be approved by said MortBayee~., arui #1~ pdicy or policiea held by wsd payabk to said Mort- _
9a9~~-, its ~eaentativea or aasiQna, and in t.~a ave~et
any a~e~m of mon~ baeomea payable ~a~dar a~tek policy or poiicies, t~e Mo*t9?a~sa--, i
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its ~eaentativea_ or aasig~a, ahdi lkave t,ha opiaa to reeeive a~d
appiy tha same on auount of the i»debtedneu heraby secured or to permit the Mortga~or
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reeeive and uae it or any part thersof for other purpoaea, without thereby toai»iny or impairin~
, an'Y a4'~Y, iien or right under or by vertue of f,)Y.ia mortgaga, and fnay place and Patl for auell .
~ i~sia~ance or wey part t.l~reof without soaivin~ ar af
f
eetin9 t1+e aPtion to f
oreclose or ariy re~ht
lkei?esa~der, a~d each and every aueh paymant all~all bear intereat from date at ths rate oj 8
per cant. Ptr a~qaaw. - . .
; 5. To perrnit, eommit or auf
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ar no waate, impairment or det~srioraiion of aaid proparttl. or a~w
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~ PQ,'1't t~laf'QOf.
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e. To p~r~orm, compiy with, and abide by each and every the aNpuJaLtiona, agreement~, cori- ~
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d#ions and eovenanta in said promissory nota-, and in thia deed set forth. i
y. if any of auid suma of mo,~y learein referred to bs not promptty w~a fuuy pc,ia soithin - '
15 .~,.ya ne~t after ths sarne asneraAy become due and payabk, or if each and every the ~
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atipuiationa, agreementa, condi~iorta a»d covsnarita of said promiaaory »ot~ a»d this deed, or ;
either, are not fuUy performed, comPiied witk and abided by, tha said ay10~"'e9ate aum mentioned
in said promissor~l »ote shaA beeome due and payable forthwith or thereafter at the option of ?
~ its ~ r~~~n~ or ~~na. aa fuuv ~ ~+n~y
aa if the aaid ap~rr.pata ~ gf ~o Z'housand 'Five Hundred and 00/100,~,~ ~~.e
origi~oUy atipulated to be paid on auch day, anything in said promissory ~eote- or herein to ths
contrary nottoitl~atandina.
has -ae~ his i
IN WITNESS WBEKEOF. ths said Mortpagor-,
hand_~nd seal_tlae day and y~ar firat abovc 'tten.
Signed, a delivsred in presenes of ua: ~ ;
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!liu hu~nmr~u~ pmpn~r~! hy: C~~E L. EICHEL
~~~r~~~ 25 West Flagler St. BpUX~~J F'AtiE ~
Miami, Florida -
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