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HomeMy WebLinkAbout1511 ~ ~ PROVIUI~.h. ALMAYS. tba~ i~ tUe ~fayaso~ sAsil paY uato tbe ~t~a~ee the indebtedness ev~Jeeced by a .eeu~w pow~sao~~ wo~e ~t ~~d~ tbe ~ollo~rm~ ie words aAd fi~~ues is a We copy to-wit: . •%'Lez~~,,.s i~~ ~ . ~ = - 2$~00 - ~ t•t~~ca~ ~ ~:iy --3~ ~ - - - - ?0 _ t'~t1K YALUE KtCEI~'EU-- - - ~'~~+--.'.-Q=1'-~.~! -ti•'',.~~1!~= ~1 } Prui~~i•r~~~ ` t~? thr w~.kr u[ LQ'.II.i~~ , ; ~ _ - - - ~2G~~.v ~t~r 1H;n.~~E.~ ~wo fihou~s~nd Eit;Lht _ uundr~d Seven.;.y ~_~ve_ ar.~ ll.l.:~lG~. t~,;;rlhr~ witli intr~.•-t - ~ i tl~rtav~n Itwn ~1:atr at lhr ralr u~ trn ~w•n:rnt. aunutn until ~naWrily, b.,th i?riuci~wl at~d iulr~~:st l..~iu;; ~?:?~at~l~• ~n Irwiut o~uu~•~ u( ~ thr l`nitrd ~i,Urr at '.:'~1-~ Biscaynr 13hd., \lwmi. Flutida, ut at such ut}tic~ piac~ as lh~• I~uld~:~ lu~~cu( rtw~ dc.~i~~wt~• in wntin~;. ( " I 'rinri~,ai and inttmt µayable in in..t:?llmr~tr as fuiluwa: - . ~ ~ Sixty-Five (505.00) Dollars per ~onth, begi~nin; on thc 15th day ~ f~ of Septem~er, 19?C, ~d co~ti~~aing oa the 15tn da~y of each and every nonth thereafteic until paid in f'ull. • , _ ~ :i Tl~is note may br pzepaid in whole or in part aftet one y~ear from the date h~reof upon payment oF a penatey cyu~valem ; i t~• firt pttctnt of tht ptincipal sum prepaid. tarh u4~taliment µ~}•~nrnt •l?al! br crrdit.-d fint un the interrst duC. and thr remaindec on princi}?al; and intrrr~t ~IuJI tl~rn•- uEwi~ rri•r uEwn thr princiE~l w~rrditrd. Tl~r niakrn and radoc~rn uf this nute [urther ae~ree to waiv~ drmand, nulice uf uuu•payu~ent and pwt~..~t, and in'thr r.xr.ut wit ~}?i!1 br bnwg6t for thr collrctiun hrreof, or the ~me nas to br collecled upun dcn?~sd uf an atturney, to pay rcaso~xbl~• attorn'ey i. ~ ' E.•.-• [ur maki~ such rollectiun. IMirrrrd paymr~t~ hrrrundre:hall bra~ intecrst at thr cate of ten pcrcrnt prr annuin f~um maturity until paid. ~ Thi.. nute 'r• Fecured by a mortg.4;e of ~ren Jate hercwith and u tu t~ con~tcucd and en[orced aecorJing tn tlie'lawr: o[ th~ ~trtr of f~torida; upon default in the paymcnt u[ principal and/or intere+t whCn due, tht. whole ~m ~~i principal and intrrrst rrRUining unpaid .hall, at the optiw~ of thr huWlers, become immediate! ~ ~ue and payaW _ ~ 7 r : / , j- =~~~%t~ (;E.\L) . - `~%i%~~~!~,r,;,L_~ ~n~~ ~ ' ~ • ~ i ~-C _ (~f ~V.) ~ Prc~ed by ~piekr d Ta~drich, Attoneeps -'~240 Btaeayne Blyd.. Miami. Florida - - ~ ~nJ ~hall perfam~, compty with and abide by eac6 and evtty the stipulations, a~reementa, conditions and cove- naots of said promissory note and of this deed. thea this deed and the estate theteby created shall cease and be null aad roid. . 1. 1'he Mon~asor hereby covenants aad aarees: ~ ~ ~ i l~ To a7 all awd siu~elat tYe priucipal aed isterest aad oUer sYSS d ooneY P~Y~b~~ by rirtue of said prosissory note and tAis ; ; deed. ar sitle~. p~a~ptlr a~ tfe aaYs ccspecti~elr ~be sa~e severallr becoees due. t ~ lb) 7o pt~it. co~it ot snI(er w~rute aed to wiatain t6e i~p[o~eseau at all tiaes io ~ sate ot ~ood repsir and coeditioa. and to ' do ar pe~it co be doae to said pre~ises aotAias th~t vill alter a ch~n~s t6e we sed chuacter d s~id p[operty o~ ie any ~~r inpair a j ~ -rreate~ tlie sccariqr ot t?is sortsase. A~d 'u case ot tAe retnsal. aeslect a wbilitr ot We Morttstor to repair aad yintaia said proper- tr. ~~e YortZa~ee ~ay. at Mis op~ia~. ~ake s~ch re,airs ar ca~.se tde sa~e to be ~ade. aod sdrasce soaers io tlyt be6alt. ' (c) 7o p~Y all aad sieplar tYe tues, assess~eets. leries, liabilities, aad opliptiaas ot every wture oe said described ptopcrty csch and e~er~ v`e~ dre aed payabk sccadia~ to lar. oefore ~Aer beco~e deliaq~eat, aed to delirer to tAe Mo~t~s~ee on or betore 6larch i 1St~ ot ead peu tu receiota eride~cias tLe p~raeet of all Iart~11T isposed taaes tor.tAe precedie~ caleadu Year; to indesnify We ` yo~tsasse ~oae Mis de~~d ta all taies. asaessseets aed c~ar~es tbst Mr be ~ssessed ~poa this ~on~a~e a? the indebtedness cnred 6erebY, ay pia ?r t~e ~aW~ee, ~itbort reprd to aer la~ Yeretotore eescud or Aueatter w be enacted imposin~ ~aysent of the ~rble ac a~r ~srt t?eteot ~pos tie Mort~sste. (d) To p~Y all aed si~rlar t~e costs, clsr~es and e:peoses. iaclndia~ la~rus' tees and absuact costs teasonably iacurted ~x paid at ,~y ~~.e er ~ worwsec becanse ot tAe fsilire oa the p~rt of tYe Mort~or to perfors, coaplr ~ith and abide by each snd every tAe siipYlauoes. a~ree~eets. co~ditians aM co~en~sts ot said pca~isw~y aote wd tAis deed. a eit6er. aed every srch'paymee~ sAall bear .nterest ha~ date at tre ~ate of u~ (IOS) pe~ ceat~ pec ana~s. 1 ~ le) Is is [stler core~s~ted a~d aaeed br said paruea d~at ia t6e e~eet o( ~ s~it beia~ iestituted to taeclose t6is wo~tpse. the Mort- ~et ai~ll be eetitled w a~lr at ssr ti~e peedias~sucA toreclos~re soit to tbe court b~rio~ jurisdi~tim tAereot fa the aopoiata~eet ot a receiter af ~11 a~ si~piar d~e ao~~sted prooertr. aud o( all reats. iaca~es. pro(its. issYts aad reveaues thereot. fro~ ~hatsoever - sorrce de~i~ed: aod tsere~po~ it is 6ereby eapresslr co~ewted aad a~reei tbat tbe Caut shall [ortA~it1 ~y~oiet sacA recei~e~ +~tA . ~!e aswl prcrs a~d d~ties o[ receivers ia like casea; ud aaid ap0111twlAt sAaII bt .ude br d~e care u s.a«er ot seric~ ~i~A~ ~o t!c Ifon~saee. asd •itla~t retereece to tht adeqwclr or issdcaoacr o( t!e ~alYe ot the ~operty hereby ~ortp~sd. or to the solrency o. ;.~.e.cr ot ~~ws«s or ..r ouer p.r~r aeteadae< <o s.ce s~~i. ibe Yottsa~a~ betebr apecititally vaives tAe n~At lo object to t1e •woiat~nt of ~ recei~a u aforesaid aed heresr eapresslr coaaeats Wst snc? ~~oiotseet sAall be ~ade ~s an ads~tted equ~ty aad as a~tter ot a6sol~te riat to ~e Mayyee a~d that thc s~e yr be done writAont aotice to the Mottp~a. (f 1 N(aeclosrre oroceeCiys s~o~W se iastiwied apiast We ~ooertr co~aed Ay tYis *ortpse nOoa aor WAer lien a cla~m .hetAer ~ atle~ w be s~per~or ar jwiio~ to t!e lie~ ol Wia ~t~a~c. He MotW~ee ~y at his optioe i~ecdi~tely upon ~nstitutim ot such su~t or d~u~ ve pe~ieac~ tiereot decbre tfis ~ortsaie a~d tMt ia0ebtedaess secYred 6aebr due' aad p~rable (orthrith and o~y ~t ~ts optw~ ~rxed to taeclwe tYis ~ortsaae. (sl Tlat t~e Yon~or rill tee~ all real ~ad oenowl ~oocrt~ w~r or lusa(te~ eocu~bcted by We I~en o( this sort~a~e insured as may be reqrird fro~ ei~e to ti~e Yy tee Mort~aiee aiaisst loss br lire. riedston aad other hasards. c~saal~ies ~nd con~ia~encies tor such ~.ois ar iar iwt kss tYa~ srcY swo~~ts as ry !e reqnued by t4e Mort{yee sod to ~r ~o~ptly ~Aee dYe all pemiums tor sucA ~wa~ce. 'i1e a~orts ef i~s~ra~ce ~eqa+rsl hr ttie Mo~stee sYall bs tl~e wiaYS s~ants for ~~icM sai0 iusrrsace sAall be wnttea a~i ~t siall ~s rcr0est ~p die Mort~a~o~ to ~uta's sreA s/diuoul ~.sor..ce .s ..r be M«ss.rr io.Kei a.a ~o~ep~r r~nr ~~~n aU cs.i~srra~ce reNire~tats cowtsi~d i~ said plicies to tie er tMat tAe said Mortsa~or is eot ~ co-iea~uor tAere~nder.lnsur~ncc s~all !s ~ntts~ b~r ~ ce~T ~ coy~iea sNrorsd or desiWted bp We Mart~a~ee sad all plicies ~ad ~we~als tAereof sAall be \eld h tMe Wrt~ee. All detaild ~esy~atiass br t~e lfort{a~or aieb are scceqed by tAe Mort{a{te ud ~11 qtessents bet~eea Monjs~a~ a~i IMr~a~ee rel~tiq to i~s~rnce. w~ eaisti~ or ~sreafter ~ade. swQ Ye i~r ~ri}iss aM sYall be ~ oatt of tYis ~ip~e ~{rcewewt as t~lhr as ~ayi set tonr nsrYa~~ ~asi~ aM s~all ~overe bot~ ~utiss Msrew ae~ tMeir a~cceas«s aed usiios. No lies ~ooa say of s~i~ plicies o( i~sorawcs ~ rp a~f refri er ~et~ra ~reai+ vAieti yf ~ NY~ble o~ tAe cucell~tioa or tcr~iaatiaw tAereof. sh~ll ~e ~irq t~ M~er ~ tUe Wrttatee. e:es~t bf ~a~et eMorse~e~t a(tiacd to srcb policy aad ~~oved er Maya~ee. Each policy o( ~s~uce ~MII 1r~c s(fiae/ t~e~eto ~ Sta~dard Ns~ Ya~k Yortja`ee Clarse ritYont CoevibYtioe. ~akiu~ aU loss or losses ualer aYCA plicy M~rs?le ie ~c M~rtp~ee ~s ~ts i~taest py ~Msar. b t~e e~at a~lr w~ ar s~s ot ~oaelr becowe Mrable tAere~nder the ~lort- sa`ee s~all Yavs t~e Mtia~ to reccire ay ~plr tre sa~s o~ accaru ot tre iedsbtcd~eu Aere?p secwed. a~ ~o penwit tAe Nnrt~sEor to rece~~e ar ~se i~ ar ah pW t~ereot. ~itAow d~erehr ~~i~i~ ar iy~iriu~ or eon~~r. lisa. a~ n~At Yndet aed by vulYe of tA~. ~ya~t. b s~e~t ot hss K/ifsic~7 ~ar~e to ~Ye ~taa~s~ ~to/erty ~e Mort~yot si~ll ~irt ~Mednte sw?ce tbereo( by Rail t.~ d~e 11ar~c aw tAe Men~ee ~lr ~tt poof o( loss ~f tbc s~e ~s ea ~sdt ptoaiWlr br the alat~a~w. la eveat .,t tac~l~..we o( • • • ~ . _ ~ • _ ,,,.r. _ _ _ - - - - - ~