HomeMy WebLinkAbout2829 PROY10~11. ALM?AYS. tl~t it tDe Mott~a~ot sM~il ~r wito tM Mo~t~a~s~ U~t i~idsbteds~~s e~ri~leaced by ~
esit~ia proa~isaory nott._~+f ~rbid d~ folbwi~y i~ wada ~ fi~ws is ~ ttw copr to-wit:
pp ~ . ~~~C~A~t July 9 ?o
: 12?5• ~ ~.;a. _ ~y. _ _ _
f'UR vA1.UE RF~CEIVED P~~ WY
~ to the orde~ ot
; ttx priaciwl wa o~ . tqeet~ei with ieteteutt
'.i lhera,n Iniat date u 1be nte o[ teu peeoeat. per annun~ ~aW a~abte~tp. both ~pd aad ~te~est bei~ pt~?abk iu law(ul mon~y u~ .
s the U~ited 5tater at 2244 Biec~yne Blvd., Mwai. E'lo~id~. or at wc6 otl~ pl~oe as the holders I~ereof ma~r da~nate in writin~.
Principal and intareK phrable in iastallmentr ar (ulwwr:
Thirty (~30.00) Dollara per month, begianing on the 15th day ot
September,l9?~, and aoatinuing on the 15th dag of each aad evsry
aonth thereatter until paid ia Yull.
This note may be prepaid in whole or i~ part dtet oae year from the date herevf upoo payme~t of a penalty aquivalent
tu five perceat of the principal sum prepaid. .
F.ach insst~t payment shaU be credited t~nt o~ the intee+est du~, and tIK: re~aaiader on p~incipal; and intenut xhaU tl~-
, u~wn ceare apon the pnncipal ro credited.
7'he makern and endonera of thi~ note (urther a~ree to waive demand, ~otioe of nw~-paymad aad peotest, and in the event auit
.hall be brou~t fo~ the coikctan hereof, or the eama has to be edkcted upon demand of aa attornry, to pay reae~nsWe attorner's
rer. r~x~u~ .uch ~ollece~oa.
[kle~dpay~a I~o~ ~u ~ ~c«~c .c ~ hc~ ot c~ ~,c ~ ~ n~aa~+h w,w ~a. ~ -
~ 7'ha note ie ectnred~b~? a nart~e~of even d~~e t~a~ewitb aad is t~ be eonsdued aad eafoeeed accadu~ to the lawa of tbe
Y
~tst~ o( t'laeida; upon deis~lt ~ theQay meat oE p~cipal aadfor inta~at wheu ~e, the r?hok rum of pnacipd and interest
rrm~inin~ unpaid ahatl. at tbe option of tht holdees, becoa~e i~omediatdy due and paj?able.
H. C. Davidson ~y~ pL~ .
~ Blenc~~e ~Davidson ~sFnL)
Ptepwrd M ~pie{e~ 8 Ta~riel~. Attornrps - 22~0 Bi~a~rae 0.a.. llhei. F'~id~
anJ 'shalt perfatm, comply Mitb snd abide by each and ev~ry the stipulstioas, a~c~emeats, conditions and cove-
= nants o[ said pcomissory aote and of this deed, thea this deed and the esute t6ereby created shall cease and be
null and roid. _
1. T6e Moct~a~or hereby coven~nts aad sirees: -
(v To p~r ~il asd sis~nlar tbe priacioal aed iecerest ~nd other su~s of Aoeer p~riple bp ~itlae o[ said ptawiawry aote aad this
deed, or eitber. praeotlY w tbe daYS respeetivelr Hs aawe se~erallr beeo~es due. ~ -
(S) To per~it, cqo~it or srfkr ao ~rute snd to ~aiouie t6e i~provesents at all ti~es ia ~ atate ot ~ood repair ssd coaditioa. and to
do or per~it to be done w ssid prewa eothi~ tAat rill ~Ite~ a~ eUan~e t6e we sed eYarutet ot eaid prooertr ot ia aar ~ar i~sir a
~e~kea die set~itp oI tYis wortsaae. Aed'ia`tase of ife retasal. aa~leet or ieabilitr d tYe Mort~a~ w reair ~ed ~aiauie aaid proper-
ty. the Yostp~ee ~ay~'it Dis' optim. ai~ke sacY reairs a cawe tbe sabe. to be s~de, wd ad+r~i~ts soaers ie tb~t OsRdt.
To osr ~11 aad ainplat tN tues. aueaws~ts. k~ies. li~bilitiea. aed abilptioss af svery natrrs ae ssia deseribed pfooertr eacb
aed erery ~hts doe asd- p~rable ueardies to 1~~, betare tAey beca~s delispett. a~d w ~eli~er w tis 1lortaa~es aa ar belae Wrch
ISt~ at eae~ peu'saa reteipts evideecia~ t6e p~~eet ef ~1! l~rf~llr i~pwed tugs tor.tAe preeeAia~ eslsndar rear; to iadesoitr the
Mort{s~ee ~poa Mis de~a~d ta all t~xea. asasss~eata ~ed cYanea ~bat wy be ussssed eooa tbia sarts~se a~ We isdebtedaess s•-
. curcd kera~r; aad Mid br tYe.~W~ee. ritAort re~uA eo asy Iav Ysretotore enactsd or ~asatter co M'eeactsl iyosin~ pa~r~eni d
the Maole a ssy .~rt tUerao[ ~oa tbe Mortq~ee. .
To p~y ~ll aad sin~rlu tbe cosu. cMar~es aed e:peases. inclodins la~rpus' fees aaa sOstr~et eosb reasan~bly iacwred ar paid at
any ti~e by tbe Maryasee because ot the f~ilrre aa tAe p~tt ot d?e Mattµ~o~ to pettoA. ta~ly vrid~ uvd abide br eae6 a.d erery the
stipulstions, ayree~eats. eoaditions sad corenasts of s~id Ocasiasary aote sed t~is deed. at eit~er. a~W erery sro~'~y~eat s6a11 bear
interest tro~ date a1 tAe rate of tes (10'L) per uata~ per aea~o.
I It a tartber cmreanted wd aireed Yr s~id prties tYat i~ tYe e~est d s s~rit bei~ iastitutea W tasclose tiis ~attKC. 16e Mat-
i ptee sYall 6e e~titlsd to apolr ~t aep ti~e peedie~ suci tareclosnre srit to tie cart 6~~i~ j~riidietim thereot for die apooi~tweat
I of ~ recei~er d dl awd siepla tYe ~tp~ed propertp. aod of all re~a, ieco~es. ~ts, isstiss ud re~rewes d~ered. tro~ ~hstsoevcr _
sauce detived; ~od tberesoos it is berebp e:~rea~y coveauted aad a~ceed tYat ttis Cartt r6a11 fatM~it~ aMoiel src6 receiru ~rith
tAe uswl pwers ud d~tie~ d reaeivers is like cues; aea said sopoiet~set sYsll be rde er t~e cart s~ a~attar of stritt ri{At to
tbe Mataa~ee. aad ~ritbo~t refersrtee ~o t6e ~deqeaeY a iaadequer d We .•I~e ot ~e ~ooenr ?sreb~ .an~ed. ar to the solreacr
or iesol~e~ey of tYs Mayasas or asy od~a yut~r dek~dut to sncY anii. T6s Yortp~or Asrebr aoecitieallr ~aires ~he ri~At to object
to tYe ~ppoist~eest d a reuirsr u dore~aid ud hereer eapreut~r cosseeta t6~t srcl ~~ointae~t ~Aall be e~de as au adiitted eanity
•nd as s..cea ot.bsolua ri~Yc a ~ie Mo~ya~ee aed uui ~As as~e Mr be dose ~id~t notiee to tAe MorW~a.
(f) If toreclosurs oroeeNi~p sborW ba iastitrtad a~ti~st tie ~opsrtr eorered br Wi~ ~o~tp~s ~po~ awy wher liea or cl~io ~betl~er
~ •lle~od to re ayctiat ur jwior to d~s liea d t~is iwrt~ye. tYe Moryasss ~r at Mi~ ootiuw i~diately epon inatit~tiae of sucA s~it
or dtiria~ ~Me pe~dency 'treteof ~ecl~re tMta ~ort~a~e ~~d tMe indeMedsesa aa~red 6erebp dus ava n.r.e~~ r«~e.~d~ .na e.r its
E opios proes~d to foteelws tris ~yais. _
~ (v Tb~t t6e Mort~os rill keep ol ~esl and peno~sl Orooertr aov at YeruRu eocawbered Sy tYe lien ot this ~qa~s iwurcd aa ~aY
bc req~irsd fra~ ti~e w tlee bp We Mortq~es apiaat toss bp tite. ~iedsta~ a~d otber b~:ards. cuwlties aad coatia~eaci~s for snch
~ oeriadi aed far wt leas t4~ sreM Noosu u aY os reanirea ~r t4e Moct~a{se ud to pY O~~NIy tYes.d~e all ore~iua~s for srch
i~snrs~cs. 7~ ~ta ef wrrres rspired b tYe Maysps sidl bs tba ~iw ~wo~t~ ta ~rYid uid i~s~ra~e~ sMdl be vnttss
~ a~d it s4~U 1s a~'Irbt~t po~ tYs Mort~br te ~ai~Ui~ a~eY ad0itia~at ias~r~s u..r be e~c.~,ss~r w ~.s.~ .ea co.~y aor ~~u~
~ ~11 eausrrMes reqnire~a4 eo~taiad is s~iA oolfeies to W sM t~at d~s wi~ Mert~ot iu sot ~ eo-iwserar tYers~der.laarruece
~ball b~ ~riua~ A~r ~ ca~Y or ea~wiq ~~ov~/ x Atsipat~d tMe Morya~ sM ~11 plioiss ~d twr~b usrsd sMsll be 4sld
R br tY~ Yocqs~ee. All ~st~i1N dtaiwtiws b~ tw Yayaaar tAic~ ~rs ~cesotN Iq? I~e Mort~siss ~d all ynwwts rstrss~ Moryaio~
ae~ Mo~s~e rel~~iw~ to i~srrNCS. ~oi saiiti~ at Uttq(tet ydt. ~p M i~ writi~{ M/ swsll ie ~ Ntt of tYis ~ort~ate wss~s~t
~s frllr ~s tYa~ ~et fordi ~rsersti~ I~siw s~i ~Ya11 ~mrsrn bo~ Nrtiu I~sto a~d ~sir areee~sors ~ usip~. No tie..~o...r ot
saN plieiss of iesrra~e~ or ye~ ~ rehM er ~st~tn ~s~ir ~rYid rfr w NrAls o~ IM eatesqstia~ ~r ts~tio~ Weteof. si~dl
b ~iw~ a etl~er d~aw ~M WrWSss. •ae•N b1? rrqu sM«,e.a~~ .ft~sel a s.d~ plier a.r •Mro+rN ?p M~rtNSee. EacA plicY of
iaarr.~ srsll M.~s dlisd Wrea a ie.N.r~ N~. Ywt Meryap~ Cbw .i~t CosaiMtias. Mkiy dl los~ or Iosua wder srcA
pUcy My~Yk w tAe Metys~t~ ~s iu inaeat ~q ~Nsare h tYs s~at ahr s~ or a~s af ~o~sr Ysea~s /~lrark tMsrs~wdcr U~e alo~t-
syes sAall Iwve tMs Mtie~ a raeei.e s~/ ~Mlr ~Ys ~s w aeewt d tw 1~/~Msd~s~ Yfrs?~riscnrM, a to osewit tMe 1bn~a~o~
te teesirs u/ w it. er ~r /~ut d~ersof. ~i1MoM I~a~r ~~iriy ar iiNiri~ ~r swiq. (iq. a ri~At wder ay ~r ~KtYe M tA~s
wayye. ~ e~aK ef 1«a w l~riicd d~t~ a ~M ~ertNta /~NMY ~~~1~sll ~ire i~sdi~te nouce t?ercel br iea~l t.r
d~s Matp~ee liN•A?s yort~ssst ~r ~ate rrod d los~ it ~Ae sswe is ~et ~t Kw~tlr Y~r d?e t~ort~Ker. 1~ evcai d(ae~imws ol
~ioo 1$5 ~2~32
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