HomeMy WebLinkAbout2253 . ~ i
PROVIOEt1. AI.M~IIYS, that i~ tl~t !Ito~t~a~o~ shail pay uato tht Nott~a~sa tlie indebtedness eviJenced by a
c~tta~e pEamssoty note~_ c+t wb~c~ t1~e tolio~r~qa in words aad fi~ur~• is a ttue cvpy taw~t:
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~ Ft?N V:1LUE RECF.IYEp We, .~o:~~lv and severallv,
~NVm~ tu ~?ay
tu tl~c unlrr of u t• i,
~ thr Euiuripal aum of~~@e ou~an .~'i@V@D ' undred and no Z~--~ pQ~,~,q[~, togathrr with interr.t
, I~rnun fown date at the rntc of tea percent~ pec annum. unW ~wtu~ty, both principal ~nd iaterat bein~ payabk ia iawf•,i mon~y uf
~ he l;nited ~tala at Biscayne Bhd.~ Miami~ Fio~ida, or at wch otl~u plaoe as the bdders hereol raay dargca~te in writinx.__ ~
~ rincipal and inlerest payadk i~ insWiments ar fdfows: ;
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Sixty-Five (~65.00) Dollars per ronth, for sixty (60) consecutive
aonths, on the 15th da~y of each ~and every month, beginnir~ or ;
15th day of October, 19?0, and continuing uatil tiiae 15th day uf
~ October, 19?5, at which time the balance shall become due
~ ~ P~,Yable. , _ -
This note may be prepaid in whole or in part atter oae year [rom the date hereof upoa payment of a
' peaalty equivalent
~ r tu five peccent of the principal sum prepaid.
~ E~.ach inrtallme~t payiuent shall be credited firat on the inteeeat due, and the ~+emainder or~ p~incipal; and i~terea~ ahati thrh-
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i n e i p
a i s
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Tl~e niakerx and rnda~rae~a of this notc turther agmee to waive demand, cwdce of non-payment and prutcst,~snd in the event ~uit
~ i~ i t l b e b r
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o c t h e c o
l l e c t
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on h
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o f, or t he same has t
o b e c
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e d upoa demand oi an attorney, to pay reaeonable altorne~'•
~ (rr~ Wr making wch cdlection. .
, Uefemcd paymentx hertundc~ shaU beat intereat s~t the ntc of ten percent pu annum fmm maturity until ~aid. '
7'his note is securedby a mort~ge'of even date herewith aad is to be construed and eafoe~eed accoidu~r ?o ~?e l~ws ~of the •
~tate o( I~lorida; upon deCault in tbepry mept of prir?cipal aadlor intsrest ~rhen due, the whok ~um d,,~nc~' 1 and interest
~maining unpaid sh:,ti, at the option of the iatdecs, bccwne immediatdy due at~d paYable -
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Prewred M~ Spiekr & Tendrieh. Actaraeys - ZZ~O eiaayne Bt.d.. DWavi. Flar ~ ,
ar?d shall perform, comply with and abide by eaeh snd every the atipulations, asreements, conditions and cove-
~ants of said promiaaory rtote and ot this deed, then ~his deed and the estate Ihereby creatad shall cease and be
null and void. ~
1. The Mott~o~or hereby co~enants and agrees: ~ ~ {
To p~y all and s~a~ulu the principtl and ieterest and other swss ot moaey payable by virt~e ot s~id poo~ssory note ued tAis
deed, o~ eitLcr, pto~ptly on tAt days respeclirely tAt same se~cr~llr becaees dYe.
(b) To permit, co~nit a suffer ao rraste a~d to auint~in tbe ia~rorasents a! sll tises in a at~te ot sood repa~r and cood~t~on, and to ~
do a per~it to be done to s~~d ptesises aoWia{ thst aill altcr or clun{e tbe~use ~ed c6~rsctet of said prooerty or in any way imp~i~ a
rcakee tMe secu~i~r of this sor~~e. Aad ia case o[ Ufe re(w~l, ne~Iset a iaability d ~he Yort~~or ~o repsir aod saint~ie s~id proper-
. tY. the Mortp~et ~eaY. at Ais opt~oa. mate aueh repsirs a causc t6e a~~se to be *sde. sad advaece aaneys ia that Deb~lt.
lcl To oay a11 sod fin~ular tAe Wss. ~ueaaanents. Ic~iea, fiabilities. ~d ~blip~ioas ot e~er~r a~twe m said dese~ibed proper~y esch ?
and evet7 vhee due ~ad p~Y~blt secadin~~to la~, befae tbelr becaae dslieqrent. aed to delirer to tbe Yorta~ee on ar betae M~rch
~ IStA of eacA rear t~a roceipts avileacie~ the pay~eat of ~11 ia~f~li~ il~oaed tatea fQt.ehe ~ecedia~ ealwldu reu; to indeasifr tAe
Matp~se ~poa lus dewrM to~ alf tues. ~sse~s~eau iud. c~arjei t4~t Wr•bs assessed upoa this mortN~e on ibe iadebtc~ess s~-
cured Aerebr, aM paid br tYe sat~a~ee,. r~thoyt re~ard to a~y I~r bereto~ore eeuted or hereaRer to M taacted ieyosia~ pa~eat of
. tl~e .hole a asy ..art t6ertof rpaa t6e ilat~~~ee. •
(di To par alt and sin~utu ~e cwb, ckar~es and eapeeses. iaeludie~ ts~rye~a' tees sad sbsu~et costs re~senably incuned a paid at 1
any tise by the Lfat~a~ee becawe ot tbe f~ilure oo the p~rt of tAe l~/ortp~or to perfaa. cosply rr~th and ~bide by e~ch and evcry thc
supula~~ons. aareesents, cand~tions and coreoasb o( s~id pra~iasocy aott ~nd tbis desQ. a eit4er, and every suck'pay~asee sAall bear
~etereat fro~ date at tAe rate d ten {!04) per centuro per annwi,
(e) It ia ~erlHtr carsaaated ssd ayeed by s~id yaeties th~t ie tse erent ot s suit bein~ iwtituted to [o~eclose this mart~~~e, the Mort.
p~es shall be tatitled to ~~Ir ~t ~ar tiiae peMie~ suc! foroclosvre aait to tAe court I~rie~ jYriadietioa d~ereot fa d~e i~oia~~cn~
of ~ rscciver af ~If aM siaplar d?e ~ort~ased prooettr. sed of ~tl rseu. iacmes. pr~u. ia~ys~ sad rsreews thaed, fro~ rba~aocver
sauce derirei; Nd thete~~ it is hertbY eaorsaslr corawsted ~ed •{resd tb~t tYt Cwtt shall (orth~id~ a~oiet s~cM receivet ~iiA ~
the wwl oower: aad drliss of receivct~ ia lite c~ses: ~Yd aaid ~~OIAt~OA! lYiII b! Mde 6y 16e court as ~ atter of striet ri~ht to
We Monsa~ee. aad .itLoYt retereecc to ehe ~Naer a iaa0epue~ ef ~bs-~alne ot t!s Oropertr.dereb~ ~ort~s0, or eo tAe solveecy
ot iesol~swcy o( t?s Mortuaors at say othet artr defesd~4t to sntb srit. 7hs MorW~or hereby soecitic~llr fsires thc r~~ht to ob~ect
to tAe ~Ppoist4cat of ~ reeei~er u dore~aid ~ad lureby eiOresslr coeas~ts td~t ~oeh ayoo~at~eel sAall 6e ~de ~s an ~dsi[ted equ~[r
~nd as t rttn of ~baolwe ~idt te tAe 111ott~aaee sad tMt tbt s~se ~ay bt done ~i1AoYt aotice to tAe Mort{~{or.
06 C o0 ~ tfT )I laecloa~re prceecdia/s sDoYld be instiwteA sj~iost t~e ~o~ett~ coret~d b)r t6~s ~ort{~~s ~
~ slle~ed to be saperia ot 'a~ior to 1~e lit~ d t4is mat . ~Ys NorW~es .,.r Ai. OO° any otAer lien or cl~~w ~6etAer
YI ~ O~1~0~ 1ytdlal!'~y IIP011 U1flllYllOf1 O~;YCA SYII
p,, ~ or derias tl?e pendeacr tAeteof declut t6is so~tiase emd t6e isdeAtedeeis sstrrod hasbr due and {wY~ble forth~reth and maY at its
~ 0~ opioe ~rocsed to toreclo~t tsis sott~a~e. -
~ v ~ Iv tlat tAe Marc~or ~ill teey alt real ~nd persoeal p~ro~s~ ~ er Yer~attsr s~cw~beeed br t4e liee ot Wis sort~~~e iasured ~s mir
op e/ re reqrirsd froe ti~ee to tire by tbe Morttasee yaiaat io,. er r~e, riadstor~ sad oWer Ass~rds. easwltiei and conun~eecies for sucl+
O C'~+ N ~ne/a wi fer aot ku tRa~ ~YCI~ ~~owb u iar Yt r
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s a{es aad 1v M7 MoM~ lr sJ
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• „r pres~ue~s fa srcA
~,y u jg issYtaaee. TYs asou~ta ef isa~r~nee reqrired b~ tMs Morq~se s~alt ~s tIN voiws ~awnts for ~6icA s~id ~nsYruce sAall be rrittca
~ 4~ u0 it ahall be incu~beet ~on tpe 1Aort~s~o~ to ~inuia sncA a8~iuae~l ie~w~ses ~s ~ar be aecess~ry to aeet ~wd coaply frllr r~N
3~ ~ ati co-i~urssce rearia~sata e~n~aieel ea ~aid oolicies to t6~ eM tiu d~e »N Maryasor is Aa a co•iaawor t?~rsondsr.Lnsrraacc
t
~ G w aAall be rrle~ea ~r ~ ca~pt~7 a~ eoywiei ~~ored a~ desi~eater tIN Yatjaae~ a~d ~11 plitiss ad rt~ev~ls tbereof sA~ll be Atld
C~~ !y tha Mat~ce. Atl deaited de~iWtioes br tUe Mort~~~et ~MieY ue ~ccePad ~y We Mortp~se aad all ~resmeus ~etvesn Iyort~a~or
O e0 C asd Mayape rel~t;y to iurr~sc~. ~ae s:istiy or hera~tur aa~~. sAall bs ie fritin~ ~p/ ~Asll !e s q~tt of tAii ~wrt~a~s ~{tstosst ~
U~~ ~ u t~lh voYsM ss~ tortb ver?ati~ ~treie ui shall ~oner~ Y9m osnita bsrate ~ad ~Yeii srcassson ud ~asise?s. No lisn ~oon asr of
~ s~W plic~e• o( easw~see or ~~r refYad ac rctwn pte~i~e ~Mid Nr be Mysbl~ ou d~e es~etll~tim ~t ten/iaatio~ tAeaol, sAal!
~r- M G t~ bs Siru to aier t6a~ ~Me Mo~tµ~ss, eacsW !f O~aV~* eMorss~e~t dfi:~1 b ireh oolicy aad ~Nrw?e0 hr Mort~ee. Gcb policy ot -
~ a b wrMes sA~ll have ~ff1:N tiereto ~ StaedarA Ns~ York Mort~ap~ Cl~rs~ ~idiaYt CoeV's~tioa, ~kin~ a11 bu a twses widsr s~ecA
- plicr ayable to t6e ilattptse as ~U i~casat e~s~ ~~u. U t!~ tran a~ a~ a sras of ~oaty beco~e ~~abls tAsrewWer We lbrt-
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ppt s~all Aa~e tLe oPtie~ te receirs ~~d ~~Ir tbs ~~e oa ~caoost d d~e iplsbtsdness Aerc6p sccw~d. o~ to oe?eit tAe Mort~a~w
~ O,p ' to recsiw snd ws ~t, a up N~t t~t~tot. ~~~ait diat~r ~r~tvi~ w i~iri~ ~~y e~itr. lisa. or ri~At under and by vulYe of ~A~s
v woel~ys. b ereiet d lo~a w i ~eryafs~ pcooertY d~s Alert
• iAe Murt • O~lsical ~aaa r to tb~ jajor sk~ll ~ivt ~wiae~iate sotice tbersof br iea~l tn
{{ee and ~Ae Mott~a~ce wsr Mke ~oo! of loss if the sase is no~ nuAe pro~apt t~~ t~~aor. le evem o( fore~l~.urt nf
+ O~y
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