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Home My WebLink About2239 . . t PROVIDEII. A~.N?AYS. that if the Mort~a~a shdl pay uato the Abn~a~ee the indebtedness evidenced by a ( certaia p~amisso~y note ~f whicb tAe followin~ in wocds aad fi~ure: is a we copy tawit: ~ .TllY19 30 19 ?0 : ~425.00_ _ ~:a_ . Fo1t vAi.UB RECBIVED We ointl and aeveicall pwm;.e a wy to the orda ot SYLVL ~~;,~;~.w„ bf One Thousand Four Hundre ea ~-F ve _ , c~ch~ w~ch ~c~~ ~ thereoe~ iw~a date at the nte ot tea peroen:, ~uu aaaum uaW mabuity, .~a ~ wr•w~ ~p ~wt~ m~? or~ { the United Stata at 2244 Bi~cayne Bhrd., Miami. Floeid~. o~ at wtch othet place aa the Iwldars he~eot m~r dai~ate in writin6. Principal aad interest payabk in inaWla~enb as fdbws: ~ Fort~r (~40.00) Dollars per month, beginning on the 15th day oY - August, 1970 an~d continuing on the 15th day of each and every month thereafter until paid in full. . This aote may be prepaid in whole or in part after oae year from tbe date 6ereof upoa pay~nent of a penaltx equivalent co five perceat of tbe priacipal sum Ptepaid. Each inatalimeat payme~t ahall be credited fuat on thc intaest due, and tbe remainde~ on ptincipal; and interest shail th~r- upon cease upoa the principd su credited. - The malcen and endoree~s oI this note furtber a~e+ee W M?aive demand. aotio~ of non-payment and protest, and in the event suit ~hall be be+a~t tor the edkction hee+eot, oc the aame has to be odkcted upon demand of an attorney, to p~y reawn~W~ ~ttorney's fec~ [or d~g wc6 cdkction. flefee~d p.y~nc~ 6«~~ eh.u ~ ~pe«~c ~t d~ ~c~ ot r,~ ~c ~ ~ ,maauiry w,W ~a. Thie note i~ aecured~b~? a a~ort~e~of evea dtle herewid~ aad i~ to be ca~trued aud eaf~e~xd aooaed~ to the laws of N~e - ~tate o[ Florida; npon defanh ~ t6cpa~me at ot prina~al andlor ia~at ~r6ea due, tbe Mrhole wua af pnncipal and interest rrrminins nnpaid shdl. st die optio~ of the holdets. beoon~e in~aebatdy ~e aad papabk. . Joa~ph Smith ~sen~) . _ ~ ~ Hortense Smith ~SE~?L) ~Pr~ b'f~ ~pekr d~ Twiieh. Mta~~eys - 2Z~0 Bi~apee ~rJ.. Miad. F{Qi~ and shall perform, comply with and abide by eacb and every the stipalatioas. a6reements, conditions and cove- nants of said pramissory note and ot this deed, t6en this deed and tha estate thereby created shall cease and be nul! aad void. - ~ 1. 'fhe Mort~a~~r 6ereby covenants and aarees: (v To p~r all aod siesrlu ihe prineip~l aed iaterest ~nd ot6er sn.s ot o~oneY Mrible br ~ictue ot said promissay note aed this deed. or eitler. aa.o~ir ao ~ aar: «.v~«~.~~y ~ s.~e se.e~~uy be~oees a~. (b) To ~it. ca~it oc snt[er ao vaste ~.wd to ~aiotai~ the ioproresents at ~II times ia a state ot ~ood repait aod cooditioa. and to ~ do or per~it to be daoe to said pre~ises aot6in~ tbat ~ill alur o~ ehan~e the use ~ad ch~r~ctet ot s~id property a ie aay rralr uap~ir a q _ veakea tbc ~ee~ritr o[ twis ~ort~ase. Aod in case ot the tetwal, aeileet or isability o( t~e Mati~tor w repair and 0aintain said proper- { tr. tbe Yortp~ce ay. si Aia optiaa. aake sucb reRairs or c~ase t6e sa~e to be yde. aod ad~~ace ooaeys ia dut beh~tt. } (c) To p~r all ad si~l~r d~e tues. ~ssessaeab: kries.. liabilities. aed ablisatioea o[ ere~y nadue os said descrised propeny each - aad erery ~6ea doc aed payable accordia~ to Is~, befae they becaee delieWent. aod to deliver to tYe Mortaa~ee a? ot befare t?larch iStA o( esob peu tsa receipts evideocies the p~l~eat ot ~11 la~f~llr i~posed tues foc:tbe precedin~ calendu year; to indemnity t6e Afortp~ee ~on Ais'deMea tot •11 tase~. sssesa~eats aod c6at~es lbat mr be asussed upoa tbis eort~a~e oe the indebtedness s~- i cmed hereby. aed p~id br tie ~t{a~ee. rithout reqtd to asy Iw Ye~etofa~e eeacttA, o~ hueattet to be eascted i~poaias ~y~ent of ~ tAe rbole ar an7 .rrt tYereot rpon U~e Mort~a~ee. ~ ~ ~ To ay alt sad si~nlu tbe cosu. c6arses aod eipeases, inclYdia~ I~~ers• tees and absu~ct cosu reasonablr ieaured a paid at I ~ anr tiioe br t6e Mortp~ee becaase of 1Ae f~iltre oo the p~rt ot t6e Mo~tpsot to pet(ot~. ta~plr ~rith aed abide br eacb ~nd evtty the ~ s~ipulatioss. ~~ceeweots. co~ditioas and coveaanls ot said promissotp aote aad ~his deed. a eitLl~. aad e~ery auc6'paya~eat shall bear iatcrest fro~ date st tbe rate of ten UO'~) per uet~ per annus. le) It is, fir~fier covauated u~d a~reed br said,p~t~ies t6at in We event of a suit beias.iestituted to (aeclose lhis a?at{~e. the ?lat• . ~ piee sball be eetitkd w~~Ir ~t aep tioe pendias sYC` toreclosure snit co tbe conrt bs~in~ jurisdictim t6ereof ta the ~ppoiaioee~ ~ of a recei~er ot all aod siaplu the sortpsed ~operqr. snd of all reots. inca~es, pr~ts. iasues aad re~enues chereot. fro~.r6atsoerer ~ sauce deri~M; aod Weredpoa it is berebr esprea~lr coreeuted sad a~reed iM~t t6e Caut ~6a11 torthritA apyoiet suc6 receirer ~ri~h tbe nswl Po+rers asd datiu of receirers in like cues; snd said ~~oiatment shall be s~de by t6e eoart as s oatter of strict ri~ht to t6e Mort{aiee. uW ~itMoYt retereace to the ~dsq~a¢r a ioadequacr o[ the ~alre ot tbe pcopertr 6eceby sortp~ed. or to the sol~ency a insol~saey o( tie Nortisson a sOr othet party defeadant to src6 sait. 26e Mortsaso~ hereby specitically vaives tbe ri~bt to object to tht ~ppo~~t~eet of a-reeei~a u aforesaid aad bereby eaptesslr coaseats thit socb ~~ointoeet shall be sade as an adoitted equity aad u ~ Mtter of sbwl~te ri~ht to tbe Morepaee aad t6at tbe sue ~sy be daae ~rid?oat notict to tbe Morlst~or. ~ (f) If torecloaire proeeedie=s shouW be iastiwted apiast ~be orooertr corered br this ~ortpse ~ooa anY ot6er lien or claim ~hether F alle~ed w be svoerior or jeeior w t6e liea d Wis ~t{ase. tUe Matt~a~ee ~sy at his optiae imoedi~telr uoon institution of sucA suit or dori~ tht oeede~cr 1Ye~eot deel~re Wis sortpie and tLe iadcbtedeess seared berebr due ~ad p~yable forthwith ao3 msr st its optim orocecd w tareelo~s ~hia ~ortµse. f ; Tbat tYe Mort{aior vil) tecp ~II real and oetsmal ptoOcttr eow or hueafta eecu~beted by tbe liea ot t6is ~ort~a~e iasuted ss may I be req~ured (ra~ ti~e w ti~e br tYe Alortpaee ~ainst loss br fire. w~iadstor~ aed ot6er hasards. caswlties and contiasencies tw such ~ periads aM tor wt ku tbu sYCh a~oants u df be requiued br tbe Mottia~ee aed to p~r pro~ptlr Mbea due all prowiums fa~ such insnr~ace. ?As s*owts d ir~nsce reqoired b]r tYe Nott~~ee sYall be t6e ~isiw~ a~aets for ~bicb said iasursnce shall be ~rittea ~ aad it sYall es ieco~be~t ~ tie Mort{aaor to aieui~ s~cA ~dditiaa~l issir~aee u ar be aecessary to eeet aed cooply tully ~iW S all co-iesKSece a~sire~snu coeuiaed ia s~id pliciea to the eod that t6e said I~lortta~or is aw ~ eo-iaswa t6ere~nder.lnsurance _ i sball be .riua ~r a ea¦p~~y or coa~~sia aopro•ed a desi~eated by We Mor~se ~sd •11 oolicies aed rese.ds aKreof shall be 6eld • br tYe Matpsee. All Aetailed aesi~euians b~r t6s Yatsasar r6ie6 ue ~cceoted by die Matq~ee ~ad atl sireeseats 6et~eea Mottp~a ~ aed IlorWiee relatis~ to ias~roee. ~oi eiistia~ a~ hereatta ude. srall be in ~rritiss aad shatl be a art of t6ii ~ortp~e ~ee~eet as frllr as tl~ayY ~et fortr ~e~bati~ sueia ~eA s?all ~orera bot? oartiss 6aeto aed tieir aaecessars and usips. No i~en .nr ot aai/ plieiea af iuur~acs a~ rpa~ aq~ refYei ar rsprn ~e~irw ~rbid ~y be Mr~bls oa t6e caseellation or tersia~tios t6eteot. sh~ll be {i~es w otYer tYa~ t6e YorW~ee. e:esot bf /rayes eadoru~t atfi:ed to arch oolier and a~ovtd br hlortp~ee. Eaeb Policy o( issrra~ce sb~ll b~re dfiaW tYeteto ~ Etaadard Ne~ Yak Mort=a~ee CI~YSe ~itYaR Caetribrtiaa. Mtina dl loss ar losses w~der auch oslitr Mrdle to t!e Mort~se ~s iu iuaeat yr ape~r. I~ d~e erset up snw ar s~s o( soeer beeawe p~r~ble thereunder the Nort- qsee sAsll hare tbe ootia~ to reeei~e a~0 ~ply t~e ss~e m~ccawt d tis i~dsbtedeess Mere~r seured, a to oen~it ~be N«t~aEor to raeivt aM rss it. ar a~ryr ~i d~ereot. witboYt Were?~ ~~iria~ or i~airiu{ .¦r eo.i~r. liee. a riat w~der u~d by rirtue of ih~. wayye. M e~e~t of loss a~paical da~a~e te tYe ~tp{ed prooertr t6e Morya{or s6s1) ~ive iMed~~te eolict tAtrtof by era~l We Mor~paee aed U~e Mortp~ee ~r oke proo( of loss If the sawe is not iwde proep~ly br the flatNtM: In tre~t ~?f tare~ln.we of - b0oK185 P~~E~~~i - - .