HomeMy WebLinkAbout2800 PROVIDEt1, ALN?AYS. tMat i~ tN Mon~a~o~ ~II oay w~to tbs Mott~a~t~ tM iadsbts~sss evnlenced by a
csnaia ptoa~iswt~r ao~s__c~! whid tM ~olfo~riu~ i~ ~rotds ~d fi~wes is ~ ttw copr to-wit:
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. 2350.00
~ ?Ni.iai, t'iotid. Ju19 2 ~9?0 . .
t~uK v~?~,uF: KF~:~vFU----i~e-.-~ointl~.aa~_~s~ceral.l.v-~ ~~~n;,,~
~~~,~„~,,~~r wAZ~rr~ ~~~~G.~:3 and JULI~? JuJZC'.fwi, n~s ~,i~e
' tl~ nre wat of e anA Thrwe Aun~lrwd t v~n_A t+
pri {?al TM[ T~t18 i~ir._~4~~OLI.r~ItS. togethe~ with intrrrr~
~ the~cun Innn date at the nte o[ ten peroetit. pa aaaum unW a~aturity. both principa~ and intcrest bein6 payabk io lawful mor~cy ut
thc Unitcd States at 2..''44 Biscayne Blvd., Miuai. Ftorida. or at wcb othu platx u tbe hdduc hereuf naay daignate in writi~?g.
~ Pri~cipal and intee+eeat payable in iiwt~Jlments as [dlov?s:
Fifty-Five t855•04~ ~llars per mo~~~~ baginning oL the 15th day of
August, 19?0, aad aoatinuiag oa thti l~jth day o~ ~a~~ ;,aZ every month
thereattes until-paid ia tull. ~
This note may be prepaid in whole or in part attet oaa year from the date heraof upon : syment .,i ~a penalty equivalcnt
tu five percent of the principal sum prepaid. ~
Each inr•talimcnt payment rluatl be credited fi~st on the intereat due, and the remainde~ on ~•~o.;~pal; and intereut shall tl~cn~
upon cPase upon thP principal ~ crrdited. ~
Tt~e makerss and endo~ae~ of this rwte furtl~er agr~ee to waive demand, notice o[ non-paymet~t aa~l protcst, and ia the event suit
,haU be bn~ught Ear the coll~xtion heceof, or the,came has to be oolleeted upon demand of an attorne}°. to pay n:aaonabk attomey's
frr. [ur making such coltection.
Ucfemcd payments hercundrr shall bear intec+est at the rate of ter? percent pec annum iwm matunt} until pa.3. ~
This note is secuoed by s mo~t$age~of ~vea date I~erewith and is to be coostrued and enforoed a~~ooi::~~:~ to law,~ o[ the -
~tate of Florida; upon default in thepa
ymeat of principal aad~oe entet+est when duc, the whde sum ~f ~tiaci~,s,l and interest
n•maining unpaid sha1) t. the opdon of the holde~, becoir?c imraediatdy aaa payabk.
W' IIe 58~8 t~ler mar$: _ -
11~'afs.. ~-<s,v
-s,. ; S ~ P'If,P,$ ~ ~ (Si:A L)
ELV~Y .SMI2~ .
_~.c.c z v_ ae Bhd.. Miami. FlaridaS ~ , Ii"~'.~ .-j --(SI:AL) .
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and shall pedorm. c~mply with ard abide by euh aad evety t6e stiputations, asreements, conditions ud covc-
~ naata of~ said ptamisaory uote aad of this deed, thea this deed and the estate thereby craated shall cease aad bo
; null and void. _ ~
1. T6e Mort~ajor heceby covenants aad asrees: . -
_ W To p~7 sll sed sinirlar the priaeipa) ud istcreat aad od~er a~s ot soner arable _ bp riK~e ot s~id prusissoryr aWe and tAis
desd. or eitber. prosptlr aa the d~rs respeetirelr tba sa~e se~crallr beea~es dre. '
(b) To oe~it. corit or sdter eo ~raate sr~ to ~sietaie t6e ispsore~ents at all tiee~ ie ~ state of sood repair and cooditioo. aad to
do a perait to be dona _w said pre~isss eothia~ t6at ~rill ~Its~ oe o6a~atie rse ~nd chuaeter ot s~id property ar iu aay var iipai~ a
weatee tAe secarity ot this sort~e. /knd ia case of tbe retusal. ae6teet ac uability d tie Mort;asor lo repau tad s~iatain said proper.
ty. the lfortp~ee i~ar. at Ais oplioa, ~ske soch rapaus or eawe tYs sa~e to be ada. aod ~drance eoaeya ie tlyt btbalL
(c) To p~r all aad siaplar d~a tues. ~ssesa~en~s. k~ies. liabilitiea. asd abliptioes o( s~ery sadue oa s~t~ described ptoperty e~cb
aod everyr sbsw a~e asa p.rad~e accaa~u~ io bet«c n~ey secatie d.li.qwa~. ~ad to delir& to tee Mortaasee-aa cr !e(o~e March
ISdt ot eaoh reu q: teeeipts erideacin~ N~e aysent ot ~11 larrfnllr i~posed tuss tor.tbe ptecedia~ ¢ale~ar yeu: to iadc~nifr t6e
1loryatee tiros Mis deNed far all tucea. ssseaaASeu a~d char~es Wat inr Ae assessed dpoe thia ~tsa~e os the iodebudneu .
cured 4ereby. sad psid bp' t6e ~artpsee. ~iWoot reprd to aar I~~r Yeretafae eaacted or kaeattn w be aa~cted i~posia~ ~ysenc d
the rlale ar ~a~r ~art t~ereof dpoa tAe Mort~a~ee. ~
E. To p~y ~11 asd siu~elu the coits. clyr~es asd e:penses. ieelndie~ Inrpua' tees aad sbsu~ct eoats reasonablr iaeurted ~ paid at
¢ ~nr ti~e by ~6e yorttasee because ot the (ail~re an We p~A ot tMe Norisa~or to oe~tot~. carply vitb tad abidt by taeh aeW eve~y tAe
~ stipnlations, a~reeseets. cosditiau ud coveaata of asid p~asia~ary note aad t6is deea. a eithlr, aod everr sueb'p~y~ent shatl beat
iatercst fro~ date ~t the rete af ten (10'i) oer ceatu~ per ~airis.
~ (e) It is f~t~ carenastcd aad ~~reed Yr said outiea Wa~ ia t6e erent of a sYit bein~.isatitated to foreclose mis aort~e. the 11art-
~ssee iMll be eatit{ed to applr at aq ti~e psodi~ sYC6 tatecbaare snit W t6e court 4a~ie~ j~isdietiae 16ereof ta~ tbe ~opoiotsea~
ot s receirsr d alf asd siaplu tYe eartpiea prooerqr. aed o[ all reau. ineaes. pr~ts. usues asd reresoes t~enof. tro~ vrhatsoever
sauee deri~ed; a~d d~ereayoe it is bereby eapceulr cevseuced ud ~srs~d tlut tre Carrt sA~ll tankrit~ appoiat sncA receiver .id~
tAe awl oowers as0 dnties of reeeiven ia lite cuss; and s~id ~~oiot~eat s6a11 be ~ade br the coart u~ yttu ot st~ict ri~ht to
Wc Ifort{asee. asd rit?oat reterexe to Ihe ~daooaer ar in~deqoaer of d~e ~~l~e of t4e property Aerebr ~orep~ed. ar to tlie solvency
ar iasoive~er ot tbe 1,1ort~a~ors ur aar oWa arqr de(ead~et to sne~ sait. 7be 1lortpaor hsreby aoeci(io~lir ~sives ~6e ri~ht to object
to thr aoooiatae~t ot a reeeiver u doresaid aad hertbr es~essqr oaese~u tbat socY ~oprietaeet sAall be ~de as an ~itad eauity
~~wd ai a a~tte~ ot ~bsolet, risAi to t~e Mor~sse a~d t~at tYe sa~a ~yr be daae ~ri~t notice to tbe Morya~or,
m u rae~to.~.. ~aea~a, .~o.a se iwtiwteA ~iwt ~be Oro~srtr eorered bp tbii ~ortpje rpoo aer otber liee o~ c4im wrhetbcr
~ •Ile~ed [o be s~eria~ ar jmiar to dia tiea of tYia eoryaae. eMe 61ort~s~se rr at 6is ootio~ i~ed'ueelr nooe instiwtim of such s~it
a drris~ t6e pe~dewcr Wereof declarc tYis ~oryye aed tbe iadebtedaeu aee~rea 6aeb~ doe uW p.r•ble fau~.itA and ..r at its
ootioe ~ceeed to tarecla~e 1Yu ~tp~e.
~ (V Th~t t?e Mort~or ~ill keey sll real ~ed {iwaowl proosrtr sov or lsreaker s~cu~bersd b~r tbe liea oI tAii ~atia~e issured u may ~
~ se raqdrN t~ ti~e to ti~e bp Nie Mory~es apiast loss br Cte. viadstae~ aed otler A~sards. easwlti~a uW cantia~eacies for sucA
perioaa aad tor eo~ ku tYa~ ~~eM a~owu u~ay be rsquired by t6e Moryasse as~ to My ~o~tly .Ne aw ~II pre~iYw fa sueh
i~arsiee. ?Ya ~~o~t~ d iarneee rsqrirN ~r t~e ~yss siall Ys ~s ~iaw~ a~oYOts for M?id said iwsrnscs sAall bs ~rritta
~ and ie s6a11 ~e i~et~bsat ~ tAe Mort~yar ~o ~istai~ •oc6 ~dditibwl iw~u u~iy be necessary to ~aet a~w eo.~r r~ur .~~u
€ dl cai+unra~ee ceqoire~eau eantainN ie said oolieisa to tbe s~ that We aaid 11ery~~ar is aot ~ co.i~snror ths~arnder.tasrr~nee
~ sYall be rrittes b~r ~ ea~a~y ar co~~iea a~ors~ ar k~i~eatN b~ d~e Mortp~ss a~d ~11 oolieiss a~d rpe~als Wersof sA~il be Meld
by w Moryasee. All dsiailed deaip~tiau bp tM Yortµ~or ~ick m acoe~ted hr tYe 1btt~s~ ~s0 ~Il ynassts bst~ase Mort~ator
, uW Ilort~qse rsl~ti~ to iearrasee. ~ar saistiss or bersat~ ads. ~11 ?s ia ~rtiti~ ~M ~Yall be ~ att ot ~Yii ~tq~e auss~t
o r.~tr .a ~owa see r~d~ .~~s.~~. ~.a ..r ,a.u so.~r. ~ r.n:.a ~snw ~a a.~ ..«<„o.~ ..a ..sis.i. No lie~ pos ~y of
s~l~ plioi~a d ianrMU or ~ asf nfno~ or nenca ~s~i~ vMid ~r N Mralls ae tb ea~esll~tia~ x ur~i~atiw tMsrsof. sbNl
re ~i~ to atMeF Hu~ eM Yeryrt~. •~~a h r~~ •~«K.pn .rr:d w.~ ~~~Y .pa y~roved yr Mortaa~ss. F.~cA plicy of
i.srr.~e. ~b.ll r.vs dtiaN versa ~ iia.daN N~. Yert Mo~sp~s~ Cl.as ri~~ Co~ailw~ia~. Mkin~ dl loss a tosses ~der sYCb
w~~ M1~b1e a ~Ye Mort~ts aa its i~tusat ~r a~/t~r. a d~. s..a..r ....r s... ot.~o..r ?s=..s ~.r,r~e ~.~tWws~ w~ u«~.
~sjee sl~sll lave tMe Ntios w rsceive u~/ ~plr IYe ~e w~ee~t of ~Ys irsbesrsaa MtsYp aecrnl. a ~e ~srwit the Nexi~¦E~,r
to rsceirs u/ iw it. K~~ryr ~t d~sreof. ~itl~ort Wts?p ~tlri~{ er iw~siri~ ~r sNitr. liq. a n~Mt w~der wd b~r r~nue of ~b~.
wort~s. M ertsl e/ Is~s or ~A~nicd Aw~ W tM ~otya{~ ~to~ty 1Mt Mort~a sidl ~ive i~di~te ~ot~ce ~hercof br n:ail t~~
Ihe M~xtpsee aui ~Ae Yotlp~ee My ~kt oroof of loss i( tAe i K t~et. 1~ ercnt of (ae~ln.we o(
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