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HomeMy WebLinkAbout0588 } • ~ _ { t• , . . ~ PROVIDEn, ALWAYS. ~I~t if the Mo~t=~io~ sh~ll p~y unto the hbtt~a~eo tht indebtedness evidenccd by a cettain ptaa~:so~Y Rote.,_.,_of which tho followin~ in wad~ ac~d (i~urus is ~ true copy to-wit: r tNiami, Fbrid. J~1.`v 25, ,y ~ t~uK v~~,u~ ttE:c~v~u We, ~oiatly e~nd se~rerally, ~,m~ wy ~ ~r : ~ o~ 1~ ne Hundred ven ve an no ~ - - ~ WI.I.ARS. tu6ethrr witl~ intrnyl gthrnwn f+wn date at tl~e ate ot taa pe~cent, per a~,a~m ueW ~au+~i~r, ~u~ ~.~„~;~.,,a;n~~ wr.w~;„ i.wr~i u( thr ti~itr.d ~~~at~ ~t 'l.'344 Birc~yne Bhrd., Miuai? Flo~ida. or at iuch oU~et plaoe as the huidar hereo( nur de,~ianat' in writi~~~;. I'rinriNai aad intera~t pay~bk i~ inrlalin~enb as tdbrr: Twenty-Five (g25.00) Dollars per month, !or thirty -Yive~C35) consecutiva moaths, on the 15th da~y o~ each aad every month, beginning oa the lsth d ot' September 19?'0• and aontiauiag until the 15th d~y oY Au~uat, 19~13,.at which t~me the balanae ehall beaona due and pqyable. This note may be prepsid in whole or in part dter one yeu ttom the dste hereof upon paya~ent of ~ penalty eyuivalrnt cu five percent ot the p~iacipal sum prepaid. ' E:arh inrtallment pay,ne~t ~J~alf be crsdited fnst on t~e i„tsr~st due. and the remainder on prir~cipal; aad inter+n.t ~I~dl tl~r- Nw~ rr+u~r upun tIK pnncipal so r~editrd. Tl~e makeR? and eedorse~, uf tha ~wte iurther a~nx to waive demand, nuti~ uf m~n•payment and prolest, and in thr ~wenl ~wil . II tK Lnwaht far the colkctan herevt, ur the wae !w to be cdkcted upoa demand of an attaner. to pay reawnabk atton~ry : G~t. tur mslcin~ such cdlection. 1 ktened parments hereunder shall bear interest at the rate of tee percent per annwn fraa maturity uaW ~aid. • 7~is~ aote is ~~ed 6q a awrt~e"oi even d~te b~ewith aad is to be cons4rued and enioroed aceorday~ to the laws oE the ~ ~tat~ o~ Florida; upa~ defdt ia thepa~?ment of p~ineipat aadlor in~erat ~rhen due, the ~rhok wm of p~ncipal ~d in ' rrrr~inina ~apaid sha11. at the optiou of the holders. beow~e iw~ed~td~, dye and y+iWe. ~ (st:AL) ~~-~-~~~d~ ~aC~~~r~o ~:nt. ~'~~~d 6y :~iekr b Ta~drieh. Anarners - 72~0 Bi~eayee ~.1.. Mi.w~ ) and shall per[orm, comply with and abide by each and every the stipulations, asreements. conditions and cove- nmts o[ said promisaory note and of this deed. then this deed and the eatate theteby created ahall cease and be 'null and void. . 1. The l?~rtjajor hereby covenants and asrees: (a) To p~Y stl aod sm~ulu the pr~nc~pal snd ~nterest aed otAer swas ot woney payable by victue ot sa~d pramssory note and ih~s deed, or eitAe~, poaptly an thc days respectively the saa~t sevetally becases duc. (b) To persu, co~ia~~ or sufft~ eo rsate a~d to mamt~~n the ~mp~orements at alf bmea in ~ sttte ot ~ood repa~r and coed~UOn, ~nd to ~ do or ptroif to be done to sa~d pe~ues polDtoj U1at ar~ll alter or tA~oae tYe we ~od cAitacter ot sa~d ptoperly a~n any raY impair or ~e~ken tbe secuntr ot tAis aatNSe. And ie c~se ot tMe retwal, ne~lect or is~b~litr of the Morta~~or to rspav and aaiat~~n said proper• tx, the MortN~ee euY. ~t hb ophon. make such repatrs or causE tbe saoe to bt Yde. and adrarite moneys io tAat behal(. lc) To pilr ~11 ~ad a~e~ulo tAt t~its. usessssats, teries, liab~lttie~. and obliptions of ererr estwe on a~~d deacnAcd ytoperty euA and e•ery ~Aen dut aad payable accadis~ to 1~~, befae tAey becoae dtli~uent, aad to delirer to the Mort~a~ee ot~ or be(a~e hl~rch lStA ot e~cA ye~r u• receiPts eride~cio~ 1Ae p~ysent o( sll I~~trlly iyo~ed tax~s fot the procWie~ talead~r Yeu: to ~sde~ity 4+e Yattaa~~e uoos Ais dtaaad fa•all ta:es. assea~~sals ~sd cAsra~s that aaY be us~ssed upa~ tAis wort~ase w chs u?deetcdeess a.- eured Aersby. sad pa~d sy thc ~t~~~ee, .riMoui re~ard to anr t~~ hcretofore eeaeted or here~fte~ to Ae eaacted ~s?posins ?ay~een~ of the rholt o~ anr nan thereof ~ooo d~e A4ataa~ee, (d1 To p~y all and iin~ulu We costs, char~es ~ad exOenses. ~nctudin{ lawyta' fees and abstt~tt costs rtasa~asl~ inu+ned ~r paid at arty i~a~e by fAe 11w~aasee bec~use ot the fa~lYre on tAe p~~t o( tAe Ulort~ator to pettor4i. camply ~~th and ab~de 6y each aad every the supuluioes, atreements, cood~uons and covenants o( said pcoaiisarY nole u~d tA~s deed. or e~the~, and every sucA'payment shal! be~r mterest (ros dite ri We rate of ten (10''i) per ceetud pet aanum. le) (t ii tyrtbet coree~nteA ~nd s~reed or ~~id oscaer tlut in tAe event ot a auit Seius ~es~~tuted to fotecloae IAis watarae, the 11A«~_ aais~ sAatl be tatitkd to s~lr s~ ~iwe pewdie~ ~YCA taeetoswe ~rit to t6e cwrt 6~rie~ j~tisd~ctiaa thereof fa We a~otntwee~ O~ ~ ftCl~Y~f o( all and sie~lu tl~e *ort~~~ed poocrtr. ~nd ot all rsets. la~owsi. ~ofits. ~ssus~ ~nA revenYes tAsreot. fro~ ~AscaoeYer sauce derived: ud tAsrerooa it is Aerebr espresilr cor~aanted and ~irseA t~~t tAe Coutt sMU forth~r~W ~oyo~~t suc4 rece~ver .~W ; ihe uswl pwcrs snd det~ss of reeervcu i~ lite cuer, ~pd i~~d a~oiataeet skall be ..a~ e~ ~es ~o~~„...c~~ ~~~~~u ~~~ee ~o j the Martp~ce, aed ri[6w~t re(ercnce ~o ids ~deawcfr « ieade~•er of d~s ~~Ine of iAs prooeny AereAr +~«~sasel. or to tAe solrency a e~aolre~cY o! iAe 11o~yssors or anr otAq y~rty dsfeed~et to arcA su~t. The Motya~ot Aeteby i0ec~fit~llY ~aivcs tAe r~~Ae to ob~ec~ to the ~p0oiat~eat of s receivet as afae~aid ~ad hereby eaOteasly caaseets tAst sYtA ~ppo~ntaeet sAall be sade ~a ~a adm~ued equ~~y and ~a ~ ytter of ~bsolute r~~h~ to the Mort~a{ee aad tA~t tAt aue sq 8e-dooe ~thout notice to the ~lort~asor. (t) Jf (o~ec{oaure proceed~op shm+td be ~asuwted apiest tlte orooertr corered br tA~s eortpse ~pon anr otAer Gen a cta~m .AetAer ~ a11e{ed to bt arpcr~a at ~Yaia to ufie I~tn of tni~ ~att~~~e. tAe MortNps Mr at his oPt~ow ~~dutely upon 111f11lY110f1 OI sYCA su~~ a dm~na tMe pendeacr tbsreot declue ~b~s sa~~~ae •nd tAe iede?tedness ~ecursd hersby due ~nd payasle (ath~~th ~ed m~y at ~e, oq~oa ~oceed ~o forectose tA~i wortpae. W 7b~t fat Matp~pr rill teep al) rsal aud Oersonal propstty aor a 6steaflsr afcrsbersd by tAe lien of tAu ~ortaa~e ~nsureA aa w~ay be rsquueA tror ti~e to ti~e br the Mort~asee yainst los~ by f~re. ~r~ndato~s aad other h~s~rds, caswlt~es ~nd can~m~enc~es tor s~cA ~~da sM tor eot les~ dua sLC6 ~~owus as ~ar b~ r~auutd ?r U?e IIatN~tt ~wd ~o yy poytly wAsa due ~II prem~uaa (a such uu~nacs. Tat a~orq of iaaur~wes teq~enl br tAe Mayaiee i~~ll bs tU~ ~a~~uui ~p~~ouwts fot rh~ch s~~d ~asrrsnce sAall be vnt~en aad it sAall be u+cusesat rpoe the A1ort~s~a to sa~eaw such ~ddium~l ~a~wu~ee a~~Y bt nectss~ry to iueet and canply futlr ~~th i •11 co-insutu?cs rewucqcnta coetsined ie s~id ool~cie~ to tA~ seQ ~A~t tM •~i1 Mat~~~ar ~s not ~ co-~wswor tlursuiMer.lsawsace ~ sh~ll ?e nutea ~y ~ coMs~y or ea~o~s~ ~~ovsd « des~~nat~d br tAe 11at~aas~ ~u~ ~I! pol~c~sa ~M ren~+als ihe~eo( sh~ll be Aeld ~ br tAe Ilatp~et. All de4ilsd desKa~uon~ bY tee Mortas{o~ r6icA ue ~ccsot~d ?r IAs Mort~~~ee ~nd all yrseoents betrcen 61o~taa~or snd MortsyE~ rel~t~n~ Io iwa~ra~cs. ~ar ~tisun~ w AsrtaAu esdt. th~ll Se in vr~tiai anQ aAall Ae a put o1 this wort~~e sartessaz ~ u IrUr u t~o+yh ~st toetl+ retb~uA du~lA awd ahaH ~o~srn both oatt~e~ hststo ~nd tlti~r succes~ots aad ps~~ps. No lien Y0p11 ~SY p( s~11 Oolic~es of ~n~w~ees or ,~e~ ~nr te(wW or reuvn ~~wiw~ ..~~e~ eay s~ o.r.ei. on tle c~ac~ll~t~on ar t~~w~aat~oa ther~d, s6~I1 ~ As ~~vsa to aAe~ Us~ tlu Mortj~ses, t~csdf br Oroosr. tidotse~r~t •(tiael ~o ,~cA pl~er uw •~oYSd sr Wores.~ea EacA oo~~cy of ~ wruu sMalf 6sve ~f(~aed thsreto ~~t~~d~r~ Nt~ Yak Mat~s~st Cl~we ~id~art Caaaib~?uo~. wkin~ ~11 toss or loassa undsr ~uch oo~~~r vr•eie ~o ~a~ ?to.~a.as~ •s ia'~a~sresi ~aY ~~su. l~ tAt twst ~ey a~wq of ~onsY McoM PariOte ~A~rew~dsr tAe Nort. ~aass awtl h~rs iAe ootiee to rsse~re •e0 aplr tse ~~we aa ucwist o( tM iu0tsttdse~t Ae~tbp ascwsd. a to oersii iAe N«~~~~or te rsc~we ~ed we- a~ny art U?e~~ol~- ~~tAoW tycrNr f~ivin~ w i~1ny .nr e~~~r. lisa. o~ n~11t w~d~~ ~ed by rutrs ol tAu . b svem o! lo~~ w~Ars~c~t uws~e to tbs sort~s~ed pooer~y 1bt Mat~a~ar sA~tl ~ire ~ssdtsts ~at~ct eAsrsof trY T+~1 t.~ Ue Moi.saast •Ad ihe Alorts~~ee n?~y ~yte paof of loss ~t ~he same y not 4ade Prowptly by tAe !!at a~a.~e e~rm ot t ealo.ute ol . - ' ~OOK PACF JQ~ ~ • - ~3