HomeMy WebLinkAbout1767 PROVIDEt1, AI.wAYS. thu if the A1o~t~~sor sh~ll pay unto the Mon=a~ee the indebtedness ev~Jenced hy •
cena~n pwau.sor~ Kote ~ ~nf ~bieh the followin~ in wada aed fi~u~es is • ttut copy to-wit: -
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! _ _~~an M;,.;, ~;d. a~ust ~ ~~,_~o
~ ~llR VALUE itl~:CE1VEU We ~.io.,.~
intlJ and aeveral~v, p•~?~:~ wr
f ~ ~ ~ GLADYS GORDOl~
tIK p~incip.l ot~na Th0 WI.W1R5. lu6ethre wilh intrtr~t
1 ~henyin tn~n d~te at the n1e o[ tea peroeat, pet aap~ unW watwitp, both princi~?d a~d inte~est bein6 Wrabk in I~wfu{ mwMy uf
~ ~he llnited ~tata? ~t 234t Bircayne Blyd.. Mi~a~i. F'IwiJ~. at ~t wch otl~er piau a ihe Iwldets hereo( mar da~i6nate in wri~i~y~.
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! ifrw~cipal aAd iatcra~t pnrable ia insWlwe~b as ~oNo~n:' •
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i Forty-Five ($45.00) Dollars par moath, beginning on the 15th dey
y of September. 19?0, and continuing on the 15th da~y of each and
every month thereatter wntil paid ia tul~.
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' This note may be p~ep~id in whote or in p~tt attsr aee ye~t irom tl~e date bereof upo~ payanent o~ a penalty equivalent
tu five petcent o~ the ptincipal sum prepaid. ~ _
f:arh uu:tallment payment rlall be eredited twst ow tbe intetert dre, and the e~maieder an pei~cipal; aad iAterext,~hall tl~e-
u~wn rrar upon the principal ao ctrdited.
TINe n~ake~u and endonets af this ~ute further a~ee to waive demand~ rwli~~e of nun- ment and peotesl. and in thr evenl wit
a
~~i ~ ra ~ ~~e;~ ~r. ~ ~ k.. ~ ~ ~~a a~~a o ~ a p,~? K~p.w~ ~
r,~ r~ ~h - .
IMlcn~ed payme~4 harunde~ ~hall bear inte~est at the rate of tenpen~ent per anaum Iraa aaaturitp uaW ~aid.
~ Tha note i~ ~eaeed a~«~e'ot ~?ca d.~e hu~e.ris~ and;s.a b~ ~ed apd «~Eoro~d aoea~d~ a ihc Iaw. o the •
e~ u~ t
°~tat' o( Fbridr. Ypon a~lt in thepa~rmeat of p~incipal aadlot iatae,st wben due. the whok snm oE PnnciWl ,~nd in
Rnwiai~ nnpaii sha11. at tb~ opeio~ d the hoWe~s, beooMe ia~ne~y +lue an~1 pqrabk.
• . - . ' ' (St:AL)
. ~ . -~it
(Sk:AL)
14~wnd M~ ~iek* di Tew~riel~. Atto~neys -~Y~O Bi~eaywe ~.L. Mli~si. F.
arai shall perform, comply with and abide by eac6 and every tha stipulatioas. a`reements, conditions and cove-
nants of said promissory note aad of this deed. then this deed and the estate thereby created shall cesse and be
-oull and void.
1. The Mort~asor hereby covenants and aaees: . •
(a) To p~7 all aed sie~ular Me princioal aad 'wtcrest aed otAer susa of ooae7l oarible br_~ittue of s~id prosissay note and tbis
deed. or eitYer, pro~ptlr m tbe dars rospectirelr tbe sa~e serenllr becases due. •
I (ol To ocr~it, cooait_ a s~[le~ eo ~aste a~d to ~ainuin tDe ispro•e*eats at all ti~es is ~ state o( ~ood ceoair and coedition. sod to-
do ar pe~sit to be doae to said prt~ises ootAin{ that rill alter ot c~eat We we aad e6u~cte~ ot said pro~ty oc iu aep ~r~r i~pair ot
reakea the sec~riqr of tiis ~tsase. Aod ia case of Me relrs~l, ne{leet ot isabilitp ot Ise Matsasot to rea'a aad ~aietsia said p~oper.
tY. the Yortp~ee maY. at Ais optia~. wte src6 rep~irs ot caux tbe s~e to be ~ads. aad advanoe eoeera ie tLst beY~lf:
(c) To p~r ail and siep~lat Ws ta:es. assess~eats. levies. tiabilities. ~sd obliptioas ot every wture au said deacribed pcooerty each
and every vbea dae asd parsble acca.7ies to la~. be(oro ther becase deliaqYeat. ~sd to deliver to t6e Mo~tiatee an or before Ma~cA
IS~h of eacb reu taa rtceipts eridesein~ ~he osYmeet ot all Iswtutlr ispwcd ta:es fa.tbe ocecedias eslcodu 7~ar; to iadeaaity tAe
Mort~ee rpoo his de~aed ta all ta:es, aasesa~eats ~ed cAar~es Wat say be usessed upoa tlis ~on~ase oa the iodebtcdaess s•-
cured hereer. asd Mid br tMe ~~{a~ee. rithont repcd to aay la~ 6ereto(ore cauted a 6creatcer eo be eescted i~posin~ ~aYeent of
tLe rhole or an1 ~wt tbereot apon tAe Mortas~ea -
(d) To pay all and s~n~ulu d~e costa. c~ar~es sad e:peases, iactadies Is~rpers' tees ~ad sbau~et cwts reasonablr iscurred u~ p~id at
sny ~i~se br t6t ?loryatee bec~use of tbe fail~re ai tAe ~rt ot t6e Mort~~or to perfo~. co~ly ~itb aad abide by eacA aad every tAe
s~ipul~t~oes. a~reeseats, coMitions aad coveoaats d s~id proeiswry nou ~ad tl~is deed. or eitbe~. aod e~eq suc6'p~ywest aAall bear
~nterest fto~ date at We rste ot tea (10'16) per ceettr Ott annuw.
le) It ia trr~Aer co~caaated asd aQecd by s~id puties t6at is the event o( a suit beit~ institutcd to taeclose tYis wort~se. We Mat-
pLee s6a11 be e~titkd to apolr ~t asp tise peedin~ sncY tareclosure s~it to t6e court ha~iu~ jurisdictim t6e~eo( tor tAe ap0oiatwea~
of s receirer ot atl aed sinplu tMe ~wtt+~ed oropertr. aed ot ~11 reets. iscoaes. profits. issue~ a~d rereaYea the~cof. Gor..h~tsoever
sorrce deri~ed: aod tAcre~pos it is 6erebr espreasl~ emresasted and a~rssd tiat ~he Canrt aY~ll forthritM aOpoiet s~cA receire~ ~rith
~he. uswl ~crs asd drties of receivera ie lite cuss; asd s~id ~/yoiat~ent s6a11 be yde by ~be cowt as ~ satte~ ot striet ri~At to
the Mo?tpKe. wd riNwat reterexe to the adeqwor or in~dequacr ot We ~aloe o( tMe ptoperty Aereb~ ~esa~ed. or to tAe solvcncy
a;~~...~r o~ u,. ?~«~s,jors o~ ~er oaK o+rty de(esdwt to soch s~it. Tbs I~tWior Yereby aOecitic~llr ~ai~es tbe riabt ~o object
to the apooisueeot of a receirer ~s afaesaid ~nd Aerel~r eapreuhr ca~aeats tb~t anc6 ~~oistsest aAall be ~ade ~s aa adaitted equ~tr
sud as s~tter ot ~bsol~te ri~Yt W~e Mort~asee ~sd th~t tbe sa~e Mr be daws ~ritbont aoti¢e to tLe Mott{sso~.
(f) If forectos~re Oroceedisss sboYW be iastiwted ~isst tMs Orooerty corered bp tbi• ~ortpp u0os ~nr other liee or cla~s ~hether
slte~ed w be apcrior or jYSior W tbe lica of t6is ~ya~e. the IiWtW{se sar at Ais optia~ ia¦sdiateiy uooe ~nstitutiop of suth srit
ar dw~ua d~e oeadeeey tberso! decl~re tbia ~t~ase a~d tAe iede~tedae~s saured Aersbr d~e ~nd wYSble fortb~ritk and wY at ~~s
oouas otocced to (ateclo~e t4is ~ortssae.
(v Tbat ~be Mort~a ~rill kecP all real asd oeraonN oco~srtr ~ws a Aeteafter s~e~beced br t6e I~ae ot t?is ~ort{~{s ias~red as ~ssy
~«~n~a t.o. e~ e~ u.~ ey ~ r~~a.sK u•~•~ ~o.. er r~e. wieds~at~ u~d other Aasards. c~swlues ~ad contw~eecies tor such
pcr~ods aad (a~ not leu dia~ sncA a~~ts u inr be reqrired br tbe Mort+a~se .pa ~o ar v~a•w~r •ac¦ are .~i ra s~e ~
wsw~ncs. 71s ~~ow~t~ of iasrnsce reqritsd N t~e Mort{s~ee sYall bt tb ~iw~ ~~orsti tor vYicA said iwur~scs aAall be ~~~tten
asd it sYaU be ~c~be~t pa~ 16s Me~tssaw W Mietais stie6 ~dditimal ~..w..~. u..r e~ ~~«:...r ~o.ee~ ..a ~o.oir rdiiy
•ll co-uuarpee re~ireaswts cenba~ed ia s~iA ooliciss to tis eed that d?s s~id Mottu~a is not ~ co-i~swat tM~eunder.lasnrance
sAall be ~rittew b~r ~ ca~r ar oa~ies srororsd er deiiWtd br d~e Martsa~ee a~d sll oolicis~ ~M ~~~~Is UNred sMll bs Asid
• br tLe Mortsasee. A~I astailsd desi~wtiaas br tIN Yorta~sor ~hick u~ ~cceote0 ?p ~Y~ 11ortN~se awd all ~na~eats bst~ss~ Moryaso~
ud Morqaaee rsl~~~ua to i~sunsce. su~ ssiatin~ ar Msn~tter wad~. sAall bs in ~rritia~ as/ sM~ll ~s ~ art d tlus ~tp~~ y~se~ut
u frllr H~on~A sst (ad~ ~srbsiie tuei~ ~s/ ~all ~over~ bWl~ ~uti~~ MnW a~0 tY~ir srecesaon u~d usipa. No lis• ~pa? a~r ot
~~N pliciei ef a~aur~wc• or wo~ aJ~f~ refw/ a r~twe ors~ir vYieY w~r w Nribls a~ tA~ eu~eell~tioa or t~rai~~tioe tAer~ot. aAall
be si•eo te otMer Aan ~Ys Mort{~et. sse~N bp oroos~ eedonsasat stfiasd to iYe! oolicy aad ~~ro~ed sy Mort~se. EacA Policy d
~asyraucs sMall Iqrs ~tfi:o/ tbsrste ~ Sta~/ard Ne~ Yak MaW{es Cliw~ ~iWort Co~triArtiae. Mti~ ~II loss a losies w~de~ s~cb
oe1Kr o.r•ble ~o au 11on~a~s. its iaterss~ ~r ~p~a. U ti~ s~Mt ~t~r srw a sr~s ot ~sr ~seawt Mrible tMrs~eder tAe ~1ort.
N~ec iMall Y~re d~e o~tio~ w rsceive au/ ~Nlr ~Ye aue o~ ~cepr~t o( tis iM~?telnsss MreY~r stcwN. ~r to pe~t tAe No~~~aRo+
to recsirs ~M ws it. a~~r NrT dursof. ritAont IMer~yr ~~i~i~ or i~ui~ ~sp switr, li~s. a ri~At wder ~nd bp vulre of tA~.
~ort~e. M e•eN of (as~ er /Ar~icd dawats w tUe ~t{a{sA /ro/snr 1~e Mat~a~ar s?~1) ~i~e ~~wed~~tt eollct tAtrcof by n:a~l t~~
tAe 1Aortp~ss yud ~he 14w~~asee ~ar ~ks parf ot Iws ~f Ihe s wc i~ no~ w~de poptly by ~he ala~a~or. 1~ t~ea~ n( tae~l~.we of
~~1~6 ~17~5
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~ 3` {~.-;'L . r¢"-4~''~ ~r -iie+~"'~6-Y.9. ~ _
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