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PROVIDEn, AI.WAYS, that i( the I?1ort~~~or shall pay unto lhe Noct~~~ee the iedebtedness rviJinced by a
certa~n oromisaotv note of which the followin~ in wo~ds and fi~ures i• ~ we copy tawit:
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~ S 3000•~0 111iami,Florida OC~obC~Z` ~4~`_-- ~q-'~
' FOIZ VAI.IIE RF:CEIVI~:U I ~ prumi•e tu pay
tu the urde~ of ~~$,F.PH KAT7. AND RF.TTY ~ ~
h~ prn~ri~?al wm o~ Three Thousand F3~tld I'l0 1.~? _-----HOI,I.AR.S, tu~eth~~ with interrwt
therc.~n (wm date at the nte o[ t~n percent. per a~num until maturity. lwth priocipa) ~nd intcresl kxing pay~ble in lawful mouey uf
~I~r llnited ~taten at 2~d4 Bis~cayne Blvd.~ Miami, ~lorida, or at wch ulhc~ place ae thc holderu hereu( may drnig~a~e in wriling.
1'rincipa) and inteast payabk in installme~ta as tollows:
~'ifty (~50.00) Dollars per month, tor ~ixty (60) consecutive months,
on the 15th day of each und ever;~ month, beginnin~ on the 15th day
of Decenber, 19?0, and continuin~ until the 15th day of December,
19?5s at which time the balance shall beco~e due and p~yable.
This note may be prepaid in whole or in part after ooe yeu Rom the date hereof upon payment o[ s penalty equivalent
~u five percent oC the principal sum prepaid.
Each installment payment shall be ccedited Crat an the interest due, and the remainde~ on principal; and interest shdl there-
upon cease upon th~ principal so credited. _
Ti~e makeric and endorsers of this note futther :~e to waive dCmand, notice of non-payment and pwtest. a~d in the event wit
~~hall be b~ought tor the collection hereot. or the same has to be collected upon demand of an attomey, to pay rtaeonable attorneq's
~frr. for making such cdlection.
Deferred parments hercunder ahatl bear intere..t at the nte ot te~ perceot per annum from matu~ty until paid. ~
7'hia ~ote is gecuoed by a mortgage' of cven date huewith a~d ia to be construed and enforoed ~ccordin6 to the laws of
~tate of Florida; upon dzfault in thepa
yment of principd andlor intere.~t wh n due, the whde eum of principal aad in
rrmainin6 unpaid sha11. at the option of the holde~s, become immediately du d pa able.
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Preparcd bY SPie{a at Tendrieh. Attomeps - 2240 Bueayne Blyd.. Miam4 Flarida . (SEAL)
anJ shall per[orm, comply with and abide by each at?d ~very the stipulations. a~reements. conditions and cove-
nanes o( ~aid~promissory note and of this deed. then this daed and the estate thereby created shall cease an~ be
null and void. ~ - -
1. The IN~rt~a~or hereby covenants and asrees:
(a) To ar all snd s~ojulu the pnnc~pal ~ad iatcrest aad other suss o( mw~eY WY~ble by virtue ot s~id promissory note and thls
deed. ar c~tlier. prowptlr oe tbt d~ys reapectirelr the saae sererallr Etcaees due.
(b) To oen~it, caare~t or su(fer no ~r~s~e aed ~o sunisin tke ia~oveseats at dl times in a state of ~ood ~epair and cood~tioa. and to
do w persit to be doae to said premuts aotA~e~ tA~t w~ll ~Itet or ehae~e the we and ehu~cter of said p~operty or in ~ay rray iwpair o~
I vuken tAe secunty o( tAis ma~p~e. And ~a case ot the re(usd, es~leet a insbilitr ot the 1Aort~ata to tep~u and uinta~e s~id proper.
ty, ~he Mor~p~ee MY. his option. m~ke sacA reairs or cause tAe s~se co be sade. ~ad ~dv~ece eoeeys ia that beh~lt.
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; tc) To p~r ~11 aed a~n~ular tAe uaes.~asessseats. leviea. li~biliti~a. aad obli~ations of e~eryr natu~e oa s~id describcd prooerty each
i and erery .hen due and psY~ble accadu~ to I~vr, before they esco~e delia~pe~t. aed to deli•er to tAe Marta~~ee on or be(ore INarch
f - 1StA of e~cA rear taa receipta ev~dencin~ the p.r~n~ ot .u ~a.t~Ur i~pwed tu~• for.thq precedie{ edeadu rear. to ~ndemnity ihe
Mart~~~ee ~oa+ his de~aad to~ all t~xes. ~sxses~aents ~ad ch~r~~a tMat pr bs ~sssssed upoa this ~ort{a~e oe ~he indebtedneas
~ cwed hereby. aad paid Dr tbe sat~~~ce. ~ithout re~trd to ~ay larr beretofare eeacted a here~iter w be eaactsd isposini ~aye~ent oi
! lA! rhplt Ot a11y ~l~t tACttO~ Ypp1 U1t MOtt~i~tt. •
~ (d) To p~Y all and siw~ulu•tlie eosts. char~es and exoessss. iaeludia{ I~vrers' fces ~ad ~bsu~et cwes nasonaAlr isc~rted nr p~~d ai
any ~uee by tbe Alort~s~ee becaure ot the fulure oo tAe p~tt o/ tbe Mortp~or to per(o~. eo~P1Y ~ith ted abide by tach and every ~he
supula~~a?s, ~~reements, caditions and corenanb of s~id ~aii~sary note and this deed. or either, ~ad every sucA'p~y~eent shall bear
~merest (ro~ datc a~ 1ht rate o( ten 110~.) per centYS per ~nnw. ~
(el (t ~s (~r~her coreaaeted u~d •~reed by s~~d p~raes that in 1he eveat of • su~t be~n~ u?+uwted to taecloae t6is ~or~~ase. the M«t•
aa~ee sh~ll bc enii~kd a•~Ir a~ any t~me peadie?~ sucA fa~scloiute anit to t6e co~h Ra~ina j~risdietiaa tLereot for the ~Ppo~ntmen~
Of ~ ~[ctirtf OI ~II ~Ad i111~Y1~? thc sor~~a~cd p~operty. asa ot ~tl rssts. ineouei. Orofita. usYSr a~d n~awss the~eof. fto~ vhat~oerer
source der~red: aod ~here~ooe it is herebr e:p~ea~lr Cors~Yt~d aM ~~tlsd tA~t t6e Call~t ~hall [o~tYtiN1 ~~oiAt s~cL rectiret w~th
the uswl parers snd dut~es of receivera in lite casts: ~ad ~~id ~poiat~ent ~hall be ~ade by tAe eoYrt ~s ~~atter o( atrict ri~hi ~o
~he 61a~~a~ec. aad ~ilbaut re(erence ~u the .a~~acr « w.ae~aer ot a~ •alYe ot u~e ~nr Asrs?y.«~~.~sa, a 4o the xolvency
a inaolvency of tbe Mortas~as or •ny other parly defend~et to sYCb s~it. The 61ort~~~or hereby soec~fic~lly r~ires We n~At to ob~ect
IO U1C ~~OtAIIKAI O~ ~ fttllYtf as afacs~id ~nd berebr sap~ts~lr eaaasats th~t sucA ~~oiatMnt sb~ll Se ~aAe a~ ~n adw~tted eQu~iy
•nd ss ~~uer o( absolnte ri~t to ~e YortN~ee aad th~t tbe ius yr be doae .id~out aotice to the Mort~~{or.
(f) If twecloawt orocssdiaN shoald be ~nitituted ~{~i~ut ths oto/~tty eorsrsd br W~• ~t{~~e ~oos sar odter lien a claue ~rhetAer
allc~ed ~o be srpe~~o~ ar ~usior to the litn of this ~at{~se. Ws Morti~N~ ~f ~t his oPtio~ iwAtdi~t~ly ~ooe ~nstitut~oa of sutA su~t
a dnna~ tbe pcedcscr t~ereo! decl~re tbi• sat~~je a~d tAe i~debts~eas atcured J~st~sy d~t and p~Y~ble (orthwith ~nd may at
~ opt~oe proceed to (oreclo~e 1iu watp~a .
~ Th~t tYe Mat{ssor ~ill tteP all rtd ~nd ottsm~l pro/srtr ~Mr a~ Asts~ttt~ tatumbetsd by the hen o( tAis sort{~ss insured ~s is~r
be rcau~red lrow ti~e to tise Sr tbe Mort~~~se ~pinat Iw~ br fire. ~indstas aad otAer h~sards. c~swlt~es ~nd contm~encus (ur such
penads aM ta aa k~i Wa~ •ucA awa+eu ~a M7 bs rt~nitsd ?r tAs Mott{s{tt ~ad to Nr oroytlr rAtw due ~11 pem~was for such
iwur~nce. TAs ~~ornu of iwYr~ncc rtq~~reA br tYe Mat~yss awll M tM~ ~iw~ ~~o~t• for ~AicA ~urrance sAall be wnuen
snd ~i sM~ll be uiewbsnt nooa tAe Morc~~~a ~o ~~sqi~ ~ncA ~d0itios~l ~e.~r.ace a, ..r be o~ees..~r a.se~ .sa ca.p~y t~ur .~~h
~ dl co-~u~r~ce reouirs~ssu cont~ine0 in ~siA oolicie~ to tYs •M tAat d~s s~id Ma~t~{or is not ~ cp.insnra tAereunde~.lnsur~nce
•bsll bc .ntus !r ~ co~sy ar ca~Mics ~~torsA a Is~ipats~ ?y d~s Matt~~{s~ ~nd ~11 oolicis~ ~~0 r~~~~~la Wsrsof sh~ll es Acld
by 11~t Yat{~~ee. All ds4ilsd de~i~ust~ani br tbs Mott~atot +rMiew ~t~ ~cteOttA br Ws Morys~se ~~d all ynplt~ts Mt~ssa MatN~or
~ snd yor~es rel~t~n~ w uu~r~~ce, awr eaiatin~ o~ bers~ftsr ~r. ~11 rs ie .nitin~ ~n~ ~M~11 6e ~ Put ef tMii ~tu~e ureaaeei
u f~+llr ~s ~Mo~h ~st forU~ rsrb~l~iu he~ein ~M aA~ll ~ersru both ~uti~~ M~sw ~N U~it ~recesso~s ~a/ ~~~i~s~. No lise ~p~ ~er of
~~i~ pliciss of iaaw~nce a~oa ~nr relund a return ~ts~i~ +rAid Mr M Nribls aa {M~ e~nc~U~tiae~ ar tt~~~~lioe thetsot~ sA~lf
be ~~~ss ~o otAer tA~u tMe MortN{ee. tacsot br Oto/st sMe~ss~s~i dtiaN a,•ch ool~ey .ad a„rorN ~r Maip~as. E~cA ool~cy of
m~Yr~nct ~Aall Aare ~ffiad tAttsto ~ Suwd~rd Ne~ Yak II~tNN~ Cbw~ ~itUart Cwuilrua~. rtiy ~11 lo~a a lo~~h wwer >uch
vo~~cr arasi~ ~o ~s waipss. ~ts is~erest a1 ~ON~r. 1~ U~ ~tMt up ~w~ oI ~w1s o~ Aoa~y bseows Mysele tAsrerndsr ~ht ~brt-
N~ec sAall luve Ut oouon to rsce~•e ~sd •plr 1M ~w a~ ~eeoMt ef tY~ iM~btsdM~~ MtrNr isewsd. a to penai~ ~he Nnrt~~Eor
~o recei~e sn/ ws ~I, a.~r o.r~ thereof, •itMont tAst~Yr ~~iviy a iw~un~ aar sa.~~y. li~e. at n~ht wWer ~nd sy rutYe ol tA~.
wor~N~e. le eveet ol lo~~ o. ohrs~c•1 a•sa~e io ~Ae wat~~asd rrorsnY IAe MortN~at tU~ll {~~t ~~sd~~tt notut ~hercof br m~~l t.~
~ tAt Mw~p~ee ~nJ iAe Mnn~a~et nNY uukc pr~of of los~ d ~he ~•ws ee~ ~..de ~ro~ly br ~he ~la~~•~a. In e~rn~ ~~f (we~lo.ure e(
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BOQK 1vp PACE 289
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