HomeMy WebLinkAbout2250 A
i ,
. ~ ~ .
PROVIDEt1, AI.WAYS, that if th~ Mv~~~a~ot shall paq unlo tbs f?btya~ee the ~ndebtedoess ev~denced sy •
cen~~a paa~sso~y note~_~+t wbich ths (ollowin~ in word~ ~ad [i~uas-is ~ true copy tav?~t:
~ ' ~ _ _ _ - - . _ --4---.~-..
f .
, . ..d't•~-; . ' , ~
~
_ 325 00
~ i - A:~s,r ~ t :.,no~.--- _ ~ 1. ~ - _
.
~ ~ FOR YALUE liFt ~ 1• E:~ - - -v ~ ` I, t ' - - I ~ e: rd~ ' - • ~ . . .
~ ~I~e ucde~ ot PdILIP j~^ ,~:r - ' ~
r =.r
+ :t?eprincipalwmo(~riG_ ~:lOUS: T;r;-~t;t i~iv.~ ? =i?<~f.[.~~'~.~. ~tie~
ete~n Icum date at thE ate oI
ten pei.:ui~ pu.ooua, unul a,~tu:~qr. bu~t: ~.rincipal anJ :?tC.~:..t i 4's; : .
e United Sbta at 2244 Bi~cayne Bltd.~ 111wnu. Qlorid:. or at ,uch othu place a~ d.~ h4ldere r~ ~.f rru~ .
~~,~?a wy,wa;,~;a.c,~~,?d as fdlows: .
~ ~ - For4~- :~'~v~~ .OC; ~oll~^a *:ar ~os~:. b,; ._.uiL ' - ~
~ of October, ~9?~, ann continuing on tha ~;t~ ~a~- c.~ ~ 1~.r ~.ju~~_ ~
every month thereaftEr until paid in fu11,
t .
~ ~
~ This noie may be pcepaid in whole or in part after oae ._~t f~om ti~o dace hereaf ;ipo:, p•: : -
tu [ive percent of the principal swn pcepaid. - ~ ~ ~
Fach insWiment payment slull be ccrdited Cust on the in:r: _,t due, aad the ~en,,;ndet
upon rea~ree upon the principai w ec+edited. . .
The makets and endosser,s of this sote furth~r agree to waive demac L, notice uf non-p~y~mrs. u:~; .
(:~~all be boought tor the cdlection hereof, or the aame has to be coll~ctc~ ,.:~n demsad o[ an .ct
~ <<~ ra ~,r~~~.~h ~t~~. t ~
~ fleterrrd paymsnb l~et~eunder sAal1 bear iatei+est at h:. ten ~:r r~t }?er ann+i~n Iroa ~:;rt~ .~:i!~:
This note it ~ut+ed by a mort~ge of even dau. huc~.,n:.? .~nd is u_x :o-,str.~ :d f~~:•~e ~~.~c~.,c,r ct sw~b~ t.
ate o[ Florida; npon delault m thepa~?meat of principal aadlor inc+:-~~c whe:. ~,,,f .rhol~ k,~:~ ,,ai ,~d i~~e.-~•~~
inia6 nnpaid ~i~ati, at tl~e optioa of the bolde~s, beco~t~ immediate;y due and p~yz ~te ~1 .
- ~ - ~ l r _ _ ~ . . _ I ~
! '
~eP~d M~ Spiekr ~t Ta~riel~ Attorner - 2~w Bi~rae Btrd.. =~Wmi, F• - - - - _ . _
~ - ~ -
and shali pertorm, canply with and abide by each and every the atiputations. a~reements. conditions and cova
. n~nts of said promissoty note and of this deed. then this deed and the estate thereby cceated shall cease and be
null and void. .
1. The Mort~asor hereby covenants aod a~eea: ~
To par ail and x~nsul~r the priecipal ~ad interest and other suos ot sooey parable Dr ~irtue of sa~d praaissory note snd this t
de~d, o~ either, promp~ly on the days respectivelY tlu same severally becomes d~e. ' ~
~
(b) To permit, caa~it or sutfe~ no waste a!d to auint~in tbe i~nprovemeats at all tises in a state of soad repair aad coediuon. arid to t
do or per~it to 6t done to ssid presises aotlia,~ ibat wi{I slur or ch~a~e tAe ust and chu~cter ot said property or in any ~ay uepair or '
weaken We security ot this martp~e. And in case ot tAe retwsl, OlSIlC! Ot t11tb1llty O~ NIO MOfI{i~Of t0 (lplu illd 1MIOt~iO !~b ptOplt• j
ty, the Manp~ee rwfr, at his option, make such repairs a cauae t~e sa~oe to be a~ds. ~ad sdvaece ~oaeys ~n tbat bebalf.
(c) To p~y. all aod aie~lar We tuas, usesssents, levisa, tiabilitiss. aad obli~atioes o[ ersrr ~twe oo sai~ described propertr each ~ ~
and ere?r ~ben due_ snd pay~ble acco~dins to lar, betae.they becaae delisqaeet. ~nd to deliver to tAe Mortaa~ee a? or betore March i
IStA of each Yeu ua receipts evideeci~ t6a pUnncnt M~all la~rhllr i~postd t~es for.t4e preetdi~ ealeedu yeu: to indepnity thc
Mortasa~e' eooa Ais des~~i fot atl taies. assesamertts asd ciaqea tAat pr be assessed u~oa t6is awtt~a~c oa t~c iedcetedneas a•-
cured hsrebr. a~d paid by the aorlpsee, rithont reprd tp aar 1~w hecata(ate tauted aa hueafte~ to bs eo~cted i~Posin~ pay~ent ot
the r6ote o~ aer ~ytt t*c~eo( u~an the Mortp~ea
(d) To par all aod sin~ulsr the costa. cAa~~es +~nd eipcnses. inel~d~n~ la~rers' lees and absv~et cwts reasonably incaned a paid at
sny teme by U1e Mortssste bessuse of the f~ilure on the p~n of t4e Mortp~or to perfon~, cesply w~tl~ and abide by eacb and evcry tAe
stipulations. apeescnts, ca~ditions aad covenaats ot s~id ptawissory note aed tbis deed. ot eitAer, and erery sucA"payment sball be~r
intcrest (raa date ~t We r~te d tee (10'i) pcr ceetwe per anawe, '
(e) It ia (urU~e~ coreo~otad aad ~sretd by ssid pattus tAat in t4e eveat ot a s~eit bcir~ iwlitutsd to faeclose U~ia a~w~saae. the Mon-
titte s?~Il be eatitkd w ayplr at •sf time peedin~ sucl~ faeelosure s~it to We caut haois~ jrri~dictiau thereof ta~ We ~ppia~~cnt
ot s recei~er of ~11 asd sinplu tYi ~ys~ed ~ooett~r. aN ot ~Il renta. ieeoses. ocat'iu. i~aYSS sad rersaws tbereot. Bo~ ~batsoever -
sa?rce derired: ~ad ~6trs~ it is Aereby e:preialr eor~eaated and a~rs~d tbat the Cowt shalt tatAwit6 apooiet snc* receiver .i[A f
We nswl oo~rers aed daties d ~eceirers iw like cusa; aaA s~id a~oint~eet sY~p be ~aile ey ffie covt ss a ~aatter ot striet ri~t to
tbe Morlsa~ee. aid ~itYoYt retercace to tYs ade ~
paer a is~deqoaer o[ tAe v~lne ot tre p[epsrty Metsbl arort~sd. or to the sotreacy
or iwolve~ty of !he Mortas~pa a any otAn arq defeadaet to ~uct suit, The NortNSof 6ereby iOscific~lty ~ai~es the ri~At to object
to the :pooiatae~t ot ~ receirer ~a ato~esaid and Aereby eaotes~ly caesests t6at sncA ~opoiatasnt i6a11 be wde ~s an ~d~itted equ+tr
~nd ~s a ytter et ~bsointe ri~ht to the Matsa~ee ~sd tAs[ U~e s~se wr be daee vitbout aotice to the Mort~asor.
(f ) jt toreclosYre proceediap sAoYid be ~oau~~ua .~a~w~ ~e p.oosr~r ~o~KSa trr .or~~,~e ~yoe .Ar oua u~~ « ~t.,~n .netber
~ ~ Y y
allejed W be srptria ot ju~ior to tbe liee d tl~ia aotya~e. the ?lotyawe ~yy ~t Mis o~tia~ ia~di~telr uPoe iastitution o( snc6 suit
00 ar dwis~ tbe peodeeer tlereof dectare ~Ais oortsaae ~ad q~e ioasbtednesa secuted Mereby due and oayable fo~tkrith and m~y ~ti~s `
C~+ G option Orocted to faeclase tYia eartp~e.
(L1 '[bst tdt ilott~at rill ttep ~11 rt~l aud peramal ptoPcttf qos or hete~ftet eaouqbeted by tbe lisa o( t4ia ~eory~je insrued u may
~ O.,.~ Ae reqnireA frow tiwe to tire by tbe Mort~s~ee apiaat lo~~ br fire. wiedstor~ and otAer h~:uds~ c~swlties and contin~eacie~ tor s~ch
u w ~s~io0s ~e/ tor wt k~s tha~ sYCI~ sAOir~ts u~ar bs tsqnir~d by t6s Iibttpsse ~s/ to NY f~~<<Y ~Mea dne ~11 oreeims (or sucb
~p q~ iu~or~ece. 77~t a~owu o1 ia~araoee i~qrirsd Yy tAe Nort~ase~ sMll bs tYe ~i~w ~saeti fa ~rAieh sud uuun~ce shall be +~rittee
_7 ~ w V snd it s~all be iae~bsat rOoo 1bs yor4a~ to ~au~taq~ ancA ~ddiuoeal iwar~nes u My be aecess~ty to aeet aad complr tullr ~ilh
~ M a11 Co~insuta~e!
d~,, S ~i~e~ssta caatsieed in saiA ooliciea to tYs ~~d dat tMe said MorWior is aot ~ ewina~ror tl~erew~dcr.laa+~aace
u sball Me ~ritte~ b~r ~ eu~nf ot eo~riea qyto~ed er de~i~tsd ?r tM yort~yes ~nd ~11 policies snd rsas~~ls thereof shalt be keld
t' q ti+ b~r tMe Matti~ee.-All detailed d~sisaatia?s A tbe
~ C w sad Mort~yee r~t~ti~ to i~a~r~~cs. /lOr 1t/! ~ioM ue acceptsd br We Non~a~se asd all yrseaeets leireeo Alor~~or
t tia~ er 6ers~Rs~ a~de, shail be ia .riiip~ aNd aia!! be a p.n at ~Ais .a~i.ac ,ire.west
~ p~ v u f~ll~ u up?~h s~t fortb rsrd~tv lttsia ~sd sh~ll {o~sre botl~ Mrtits M~sto sad tMeir arcessso~s as~ ~ssi~s. No liea upo~ ~nY u( •
s~l/ ooliciss d iasrrwes or ~ ayr refwd or nure M~~i~ vpieA ay be Nysble o~ tbe e~se~ll~tion or te~ia~ttoo tbenof. sbalt ~
~ u~C ~ bs ~ivsa to otMer ~Yae t!u yortpse~. ~acsOt bp Oro~sr sadon~Rt ~Iti~s1 to areA ~olier ~sd ~~tovsd b~yajee. E~oh plicy o(
~ . ~wwuKS sY~ll Aave ~ffiaN tYsrsto ~ fand~r~ Ne~r York Mortpp~ Clarss ~i~6ont Co~tributiM. ~akiy a11 or ~wses w~dsr a~cA ~
C u plity Nrable to tYe Notlaye~ a~ i1s iataeat wr ~O/sat. {a q~s ~re~t aar or s~w ot ~oasr Ascowe My~ble t6sreYadsr dre Mort-
p s a
s
s
t ~ Y
a l! b
atie t ie oPti~s to ressirs u d ~p lr tbs ~we a~ ~c~at ~l tMe ia~~Atsdaess ~erebp secwsd to
~ a ~e oen.i~ uc N«<<,Eor
to ree~ire aM use it, ar ~oy ~rt tlsreof. witMan 1ietNr~ ~r~ivi~y u iw~itia~ anr r~~yi{~?. ~i~. ar n~Al~cr aad bp ~irtre of th~s
00 ~ M wore~a~s. M t•e~l d le~s or oMTsicsl u~a~s to Uw satt~~~eA. oro/srtr ~M~ yor~?r ~1l.tirf i~sdi~ts sotics ~bereot ey ma~! to
~ O~ tAe Nortqsee,and tAe Mal{asce e~r bke ~ool o! loss if d~e suse i+~ not ~e omp~lY by tb~ Mort~ya. ln erent ot (o~e.l~•we o(
~ , r ~YYI~ 186 ~2245 ~ .
~
~~~_..~.t-t ..c~v'y.:1~ . " " _ . .
Y ~ _ . . . . . _ _
~~c'3 e=++~4 '
4