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Home My WebLink About0649 PROYIDEII. ALMAYS, that ii thc A1o~tga`ot shall pay uoto tht ~1ott~a~ee the ~ndebttdnesa rviJrncrd M a certa~n promis~o~y note of wh~ch thc follow~o~ in wo~ds and fi=ures ~s a ttue copy to-wit a, j is~a~~~ ~lot~ _ - ' ~____l~'75t00- 11~ami,Mi~~~a~Septc~ber -:.0 - ~'?-?0 ~ ~ tti'a ointl ~nd severall ~ ' Fllt{ ~I.l'F: ItF.l:1=1\'F:I) ~ J y y• prurni~r t~~ ~ ; ' tl~~• .~ni~•r ~~i , LUCY Ii~7~SU~t_a TRUS~~ : ' , s ~ . - -r - - - , . 1! hr p~?ur~~~at ~um ~f One__Thous~ "'our~iuns3~ces3_S~t_e.n.~y F~~~.`"~~»SL~~t;`. i,.,;~•:h~•r with ~n?~•r~••t ~ ~,i~ rr.~n ku~u drtc at thr ralr uf irr~ p~•r.•~isl, Eur anmim until matu~ity. t?uth principal and intcn:st bcing payabl~• ~u lav.•iul ~uuu~•~ ui 1 ' i7u• l nit~d ~t~t~•• al '_''.'.•3•1 liiaraynr I31rd.. ~lia~ni, Flo~ida. o~ at such other place u the holdera herco( may dc~~~nat~• in wntin~. ~ ~ I'rinci}~~~ md intc~r.t payable in in.tallmcnt:~ ar lollowe: ~ - Seven~y-Five ($?5.00) Dollars pe~ month, beginning ou the l~th dGy ~ of November, 1970, and continuing on yhe 15th da~y of eact~ and every ff month thereafter until paid in full. 4! ~ i~ ~ ~ ~ 1 Th~s notz may be prepaid ~n whole or in part after one yeac lrom thc date hereof upon payment of a penalty equivalcnt s ~ f t~~ iive percrnt ot the princ~pai sum ptepaid. ~ Earh in•tallmrr~t pa~vi~rnt •hall br credited first un tht inter~st duc, and thc remainde~ on principal; and interc~t rhall thr~r- ~ u}wn rras.• upu~ the• ~irincipal so rredit~d. ~ Ti~~• m~krra an~i ruduf.rr. of ilii+ nut~ furihcr a~ree to waivr demand, notie~ of non-payment and prote.t, and in the eve~ suit ~ ~haU Lr bruuKht [or thr cotlcction he~eol, or thr same has to be collected upon demand of an attorney. to pay reasonable sttor'jey'b ~ !r.-. tur ~naking such collection. ~ ' U~fer~ed payment. herru~dcr .hall bear intere.t at the nte of tcn perce~t per annum from maturity until paid. 7'his oot~ is securcd by a mortgage~of even date herewith and is to be consdved and enforced accordin~ to the laws of the • ~tat~ of F'lorida; upon drfault in the payment o( principal and/ot intt~eat when due, the whole 8um of ptincipal and interest rrrn~in~ng unpaid +hall, at the option o[ the holde~a, become immediately due and p~yable. ~ ~ Y - (S~AL) r - ~ . . ~ (SEAL) ~ Prepared by ~pielrr 8 Tendrich, Attomeys - 2240 Biacayne Blyd., Niami, FI ' a . ~r,J ~hall perform, comply w~th and abide by each and every the stipulations, a~reements, condition~ and cove- nants of ~aid promissory note and ~f this deed, then th~s deed and the estate thereby created shall cease and bc null and void. l. The Mortsaao~ hercby cuve~ants and agrees: (a) To pay all and ~~n~ulsr the principal and mteres~ ~nd other aums ut money payable 6y vuwe of sud prom~ssay nott .ed ~Au deed, w e~ther, powp~ly on the days reapec~~vely the same serer~lly becanes due. 1D1 To perm~~, co+miU ~x su((et no waate and ~o m~~nu~n the ~mprovements a~ att ames ~n a state o( ~ood repaei and cortdiuvn, and to du w permrt to ~e done ~o sa~d prem~ses notA~n~ that will alter or cAan~e tAe use and cAar~cter of s~~d pcoperty w in any v.ay ~mpau ~~r wcaken the se.unty o( th~s mori~~~e. ~1nd m casc of the ~e(ucal, ne~lect or ~na~~hey ot the Mort~~~or to rep~~r aed mamtain s~~d ptopci- ' ty, ~Ae Mort~a~ee may, at h~s opt~on, makt sucA rep~~rs or caust tht tamt to Ct madt, and advsnct moneys in tlut beA~l(. ~ (cl To psy a!1 and rm~ular Ne ta:es, assessments, Icv~e~, I~~b~l~tiea, snd oblipUOns of trsry nawre on s~Id descnDed p~operty ea.n ~nd every WAen due and payable accad~nj to I~w, betae they btcone del~nQ~ent, and ~o delrver to tht Mort~~~te on or pe(ae M~~ch IS~A o! e~cA year taa receip~. ev~deoc~n~ tAe payment o( •11 la+~fully ~mposed t~aes (or the precedin~ ealendar ye~r; [o indemn~(y tAc Mart~s~ee ~pon A~s Jem~Ad for all taxcs, a.se~~ments and char~ei tAat may Ee ~ssessed upon th~s mat~~~e on the ~ndeDtedne~~ .ured Ae~eby, and pa~d by the mat~a~ee. ~ithou~ ~e~ard to ~nY 1~~ hereto(ae enacted o~ here~ttt~ to be enacted ~mpos~n~ !?aymcnl o: tAe ~rhole or any .yrt tAereof upoe? the Mort~a~ee. . Id) 7n pay a11•and a~n~ular tAe cos~a, ch~r~ea and etpepaes~ ~netud~n~J~~yers' fees and abstr~ct costs re~amaDly incurred or p~iJ s~ sns ~,mr by ~he Matas~ee bec.u~e of the h~lure on the p~rt o[ the Mwt~~~or ~o pertons, comply .~uh ~nd ab~de by eacA and erery ~Ae .i~pu4uons. a~reements, cond~i~ons anE covenants of sud proe~issory note and th~s deed, or euAer, and every such p~ymen~ shall be.. ~nuies~ from datc at the rate of ten f 104) per centum per ~noum. . f le) It ~s f~rther co~en~nted ~nd a~recd Dy sa~d part~es [h~t ~n the event of a au~t bc~nr. iniututrd to taeclose tA~s mal~~ac, ~Ae MMi- i {~~et shall be entrtted to ~pplr •t-anY hmc pendin~ aticA (oteclo~we s~~1 to thc toutt hanRs ~uruAiChon lherto( (p the appo~ntmcnr " of a rece~ver ot ~II and sia~ular Ne ma~rs~ed property, ~nd of ~ll rents. ~ncon~es, profits, ~ssaes •nd revenuea tAereof, from.ha~.ue.cr .uurce Oenved, aad there~pon ~s hereby eapea~lr toressnted ~sd ~~teed th~t the Cwrt sAali fotth~ith ~ppo~nt sucA rece~~er rilh = the wwl po+~era •nd dut~es of rece~.ers ~n I~ke cues, and sa~d •ppo~ntmeni sAall Ae made by tAe eourt as ~ msuer of s~nci r~~hi ~o ihc hkxt~a~ee, ~nd +~tAout ro(ercnce i~~ the ~deawcy a m~deQwcy of Ne value of the proper~y hertby mwt~a~ed, or ~o ~Ae svhcna y w msolvency of ~Ae Mor~a~jors or any o~her part~ defend~nt lo auch su~t. T'1!e M~xt~a~or hereby spec~hc~lly r~~ves tAe r~~~e ~o oD~ec~ ~o ~he sppo~n~n+em of a rece~ver a. •(ores~id •nd hetebY etptt~~ly cansents th~t 3Y[A ~ppo~nqsent shsll be m~de •s ~n admiceed e~u~i> snd as s sauer ot ~bsol~~e n{ht to [he Mat~a~ee snd tA~t the tt~e ~r be done ~r~thout notice to !he Mortjsser. (f ) if foreclosrrt Proceed~a~ should be ~~~tituted ~~~inst tAs pro0ertr covered by U~u aqrtsase upon •ny otAtr lien a.I~~m WhetAe~ •IieseA to be supcr~or a ~un~or to ~he I~en o( this morta~~e. tht Mottj~~ee euy st his opbon ~mened~~ttlq upon ms~~WUOn o( ~uch su~~ « durm~ the pendtncy Wereof declsrc ~Aia mor~~~~e ~ed tht inAebtedness secured Aereby due •nd p~y~ble lorthrruh and msv s~ ept~a+ proc~ed ~o (ortclo~e tA~s reor~~~~e. lt) TAat the A1ort~a~a ril! keep all rcal and person~l propertr eo. or hereat~cr encumeercd by thc I~en ot thu natt~a~e ~naured •c ma> be reQ~ued froai u~e Io t~~e py tht Mort~~~ee •~a~nst loss Ay hte, ~~nds~orm and olher h~z~rds, c~s~aluts ~nd cexum~enne, .u~n per~ads and ~a no~ lei• 1~a• ~uch ~wounts maY be rsauueJ br the Mort~~~ee and ~o p~y proa~ptly WAen dre al! prem~ums for su.rt ~ns~u~ace. TAe s~ounu of lnaw~nce rtqwted br tAe Mat~~~ss sA~ll `e tAe ~~a~auu~ ~ewunu (or ~A~ch ~~~d ~nsur~nce sAsll be ir~lten - anA ~t sA~ll Oe u+cwben~ upoe? tbe INort~a~or ~o wa~eu~n •uch add~UOa~I ~nsur~ncc ~s m~r be necessuy to seet and canplq trlly rio+ •11 co-~ns~uu~et rew~re~sat~ com~~ned ~e s~~d pol~c~e• (o tAs swd tA~t ths s~+d Alort~~~a ~s aot a ew~ns~ra tAereunder.lnsurancr shall bs ~r~tttn br ~ coaosnr ar co~~nu~ aoproved a Ae~~~u~ts~ br tAe Mat~a~se ~nd ~11 pol~c~es ~nd r~as.~ls t~srso( sh~ll be he1J Dy ihe NatN~ee. All deu~lsd dei~~n~~~ons sy ~Ae Mat~~~a ~hwh u~ ~ccePted by tAe Mort~~~ec ~ad ~11 ~~swents b~i~reee Mai~~~a •nd Maq~Lrs rel~t~n~ to w~Yr~nce, no~ e~uun~ a Asrtallsa sbsl! be ~n rrit?ns ~M sA~ll se ~ o~rt of ~A~i mor~a~~e ~~rcemeni ~s (rllr ~AOr~h ~e~ torM ~erb~i~~n Acre~n ~nd sh~ll ~overn botA a~tit~ h~rsto anA ~heu ~YCCes~ors ~nd ~~~i~ns. No lun uPon any ut s~~A pl~cu~ ol ~ni~rsace a rooa ~ny rtfw?d o~ rsturn ~~rr~6j.,A w~r bt P~y~blt on tAs c~stetl~t~ae a isrw~nsl~on thcrtof, sA~li be ~,rrn ~o aAer ~~an ibs ~ory,ace. eacept by orooar •eda~s~wAt ~(fis~d to •rcA oolitr •ne •~o,r•~ sr M«~p~se. E.~n po~~.~ ~~1 ~n~~r~nce ss~ll A~~t ~ff~asd tAereto ~ S~esdud Ne. Yak MertN~s• Cl~w~ ~uhoYt Coeuibwion. eNk~n~ •if loss a losses ~nde~ .uc~ ool~cr osy~bte ~o ihs 1~lor~N~se ~ts ~nteres~ A~r ~yoe~r. 1~ Qs st~nt ~~f ~uin or ~wy o( n~pe~r Sscros wr~ble ehcrsunder thc ~for~- ~~see •A~11 A~ve ~Ae oo~ian io rsce~re and ~~ply tht as~s ow ~eeorpt ol 1!e ~M~Stsdns~s hsuer secrred, a~o perm~~ ~Ae ~Mri~af~r ~o ~scsive ~M we a~ny wrt thersof. ~~lboW tAs~Nr ~~iri~~ a~w~~u~n~ •ny e~~tr. I~en, q n~At ~nde~ ~nd hy rutuc oi iA~. watN~e. b tve~~ of loss a Ohrtiul dss~it to ths wott~~~sA /root?ty tAt Mory,ao. sAall s~rt iien~cd~~le nobar'tl~reul by T.i1 i iAe Mw~~~{ec .nJ ihe 11{.,.~~s~se mar ~+ke po~+! of lo~• il ~Ae .~me ~a no~ ~n~Js pu~~ly by ~~e N«i~•~«. In ercm .d Iwe~lo.urc ol . . . . v R ~87 ~~~F S49 ~ ~ S 600K ~ ~ ~ ~ ~ ~ _