HomeMy WebLinkAbout2024 PROVIDED. IELwAYS, tb~t if the Mottjaso~ ah~ll pay unto lhe Mo~t~a~ee the indebtedness bvidonced by a,.
certa~~ ao~~.:ay ,w~e o~ whicb the (ollowins in words ~ad [i~wa: is t true copy tawit;
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s--ZQ.~Qs_OQ- 1lfiarui~ Etwid,~.~TS?V~1ab4t_1~~._ _ 1'~ '1'~-
FUK YALUF RECEIVEU ._~e, igintly_~d acvQ~.~l,],~ r?n,,,,i..r !o
tu the urJrru~_1,j,j,LIAN F~ T.F,S Y,iF,TNSTi~;~TN
ih~ prinripa! xum of Tr,re ,~he~nen ~j~-i ff:~~n0~1~~-__-~-~-~-~-~ lN)I,I,AI~S, tuRethrr wi?h intrtr,.l
' thereun In?m date at the ~ate oI ten penent. per annum until maturity. buth prinripal aud iutcreat l~ing payaLlr in I~w~ul ~nuory uf
th~ llnited ~tatrx at '.'.244 BiM;ayne {31vd.~ Aliami. Florids.~or at auch othu place ar the hdden herec~f may dewgnate in writi~y;.
Principsl and interrat p~yabk in inatallmenta a~ [dloMrs:
Filty?-Five C~55•40) Dol~ars per month, begianing on the 15th day
of Jaauary, 1971, and aontiuuing on the 15th d~r oi each and every
month thereai'ter until paid . in itiill.
This note may be prepaid in whoie or in part aftet one yeat from the date heteof upon payment ot a penalty eyuivalent
tu five percent of the principsl sum ptepaid.
t:ach uu~tallmen~t payment rhall be credited Crst on the interest due, and the remainde~ un prineipal; and inle~rrt ~I~ali.tl~rrr-
uFwn cra~r upw~ lhe pnacipil ro credited.
~ The makerx ar~~ endorse~s uf this note (urthe~ a~ee to waive demand, rwti..~e o! n~n•~aymeot and Qrotast, and ia th~ r.vent wit
.l,afl br Lniught for t!u cdkction hereof, or 1he samc has to be collected upon damand of aa attomey, to pay reas~nable altornep
f~•.K. fur making such cdkction. ~
Ik~ferrcd paymen4 hereundc~ ahall bear interest at tl~e rate oi ten pe~cent per a~num twm auturity uatil Faid.
7'hia ~ote is eecuredby a mort~e-of eve~ date hereMrith and is to 6e c~.~trued and en!'or~ed aooo~d~r~ to the Iaws of
~tate of }'lorids: upon default in thepa
yment ot pcincipal aadlo~ inLucat when due. the whole aum at pruK.~pal and inte~e~
~ rrmainitig w?paid aha11. at the option of the halders, become iraa~ediatsly due a~d pay;bk.
~ ~ - ~ 3t' 7~r l!~~,~:.~.~ (SF
AL)
I -~i4~~.C_S~~ _ c~ . tr" SF.AL
~ i~rr trd b ~eler ~ Teodtich, Altornc y ~
w r~P~ ps - 2240 Bua ne Bfrd.. Miami. F'
and- shall per[am, comply with and ab~de by each and.every the stipulations, a~reements, conditions and covr
nants oi sud ptomissory note and ot this deed. then this deed and the estate thereby created shal! ceas~ and be
null and void.
1. 1'he Moct~a~or hereby covenants and a~rees:
(v To y~y sll aad siasulu the priacip~l ~ad interest aed otAer sums -ot ewoey p~yable by virtue of ssid prooissory aote aed t6is
deed. or either. prooptly a~ the daYs respectivelr We sase sevetalir beca~ea due.
(b) To oersit. coait a irtter oo ~raate awd to a~ain[~ie tbe isprovesents a[ all ti~ea ia ~ atate ot ~ood repsir aad coadition. aad to
do pr per~it to pe daoe to said pre~isw nahia~ t4at ~rill alcer or cAaoje dre wa ied ch~raeter ot said property ot u oy rraq i~pair a
~eatew ~he securitr ot Mis ~ottsata. Md ia case ot We re(usd. ue~lec~ oc iaabilitr d the Yo~t~asor a repair aod aaiauia .aid poper•
ty. ihe Yonp~ee ~Y. at Ais optia~, Mke s~ rep~irs or esuse ttie ss~e to !e wde, a~W ~dr~ke ~oaeys ie t6~t AsAalf.
(c) To ar ~II aed sinWl~ t6a tues. as~eaiweats, 1lri~i. lisbilities. ~ad oblipciau !of every eapue ae said deseri~bed ~ropertr each
sad every ~r?e~ dtie asd p~rable secordi~ to taw, betare they becoee deliaprcae~ ~ed co deli~er w tAe Moct~aaee ae or before MueM
ISt6 of ead peu us receipts e~idescia~ tbe p~I~eat of ~11 lavtully i~oaed tauas tor.Ue precediss wludu year, to iade~nity tAe
Motc~ee opoa 6is desawd ta all laaea, ~ssessa~eets aad cbu~es that ~r be asuased upon tAis so~t~ase aa the iadebtedness s•-
cured 6erebr. ~ed p~id 07r tbe iratsatee. ritAont re~ard to aay la~ beretdore eoseted a hueafter b be eoacted is~owin{ papsest d
the r4ole or ur .wt thereof oom t4e Mort~asee.
(d1 To p~r all aM aio~ntar the cosu, chu~es aad expeoses. inclydias la~rds• tees aud sbstract costs iessonably ixutted ar aid ~t
any tise by t6e Morya~ee because ot tAe (ailure oa the part of the Mort~ot to pedo~. cosply ~id~ aud ~bjdc by eacA and everyr iYe
stipulatioas. aireeoeeta, coeditions aod corewnts Qt said promissory aote ~od tbis deed, ot eithe~. aad every such"p~rscnt s6s11 beu
interest fro* date at the nte of tea (t0'~) per ceotni per annus. ~
(el It is fan4et eoveaa~tpd ~nd ajrced br a~id partifa th~t in t4e event o[ + snit beios is~titutod to toreclwe this aarc~a~e. t6e Matt-
q~ee shall be eotitbd W applr at ~ny tise peodin~ suc6 torcclosure snit to the court h~vio~ jwisdietioa thercof [a 1he appoiat~aat
ot s recci~er ot all ~ad ai~lu the eortpred propeAy. and ot all reats. iscaees. or~ts. iasnea aod revenues tbereo[, tro~ ~rbatsocver
saure derived; aod d~sopoa it ia Aerebr eapreasly co~enanted aod asreed t6d the Ca~rt shall [at6rith sppoiet sncL receiver ~rith
tra nswl pwrera aad doties ot receirers in like c~ses; sod said ~opoiatssat sbatl be pde by t6e court u a satuer of strict risAt to
We Mortta~ee. aod ~ritbort «fereace to t4e sd~qo.cr «~eaaeywcr ot r~e ralue ot tbe papercr bereby sonp~ed. ot to tbe aolrescy
« i,~o~.eeer ot ~~rorwso~. or aor oma ~~r aer~.a~< <o s~b s~;e. ~ne wo~y.so~ ~reby ,~:t~~aur •airei the ci~bt to object
to We aopoiatse~c ot a rec~irer ss datesaid aod bereby eapcesaly caaseo4 t6at snch ~pooint~eat s6a11 be ~ade as an ad*itted eQuity
aad ~s a wtte~ of sbsolrte ri~ht to tie ilortsa~ee asd tlut tLe saae aar bc doee rit~ont aotice co tbe. Nortp~or.
(f) (t foteclosnre proceedia{a arorW bs instiwted aseiast tie prooertr corered b~ tbii ~ottp~e ryoo aer Wher lien a clais ~rbetber
•llescd to be sapcrior a jwior w ~he liea d this ~wnsase, the Mott~asee at Mis optioa is~edi~tely upw iastitrtio~"ot s~th s~it
or dwin~ tAe peodeaer thereot deelare thia e~ortsase aod tLe iadebudaesa secured heteby dua sad psrable fatAwit6 sod msr at i~s
- optioo proued to fareclose t8is ~octsasa
(v T6at We Yottss~or will teep all resl and persooal propertr nov er 6ueafter eecue~bered by the liea ot this sortsase iasured as mar
be required tta~ ti~e to ti~t b~r the I~lortaa~ee apioit loss by Cre. wisdstar~ and other A~satds. c~swlties and coatie~eacies for sacA
periods u~d fat eot Iep dw aocA ~~oYets u Aar se teqrirsd Ar tbe 1/ott~te aM to Par po~tlr xbea dYe all ore~iuw for swch
insur~e. TAe asoants d iastrsaee reqaired by tMe Mort~ase~ sh~ll be the oini~ ~moaats fa +r6ich said insur~nee sAall be ~rrittce
snd it siall be iecw~beAt rpm tre I~iocts~ to yintaia sach ~dditional insw~ace as o~y be oecessary W raeet u~d coapiy fultr Mith
~11 co-iasw~pce require~s~ts emqiaed ia said oolicies to the eed tLat tbe said ~Iort~ar is oot s co-iaswor thereunder.tasunuce
sball be rricteo bp s co~an~ a ca~p~eiea a~pso~ed ar dcsi~aated by tbe Mart~~ee aod ~Il plicias aad re~e~als chareof sA~ll"pe Aeld
br the Marysaee. All detaileA desi~satiau bp t6e IAorts~{or vhich ue ~ccepted bp the tJottqtee ~ed all +yceaseats aetresn Mataajot
aad Mort~a~ce rel~ciea [o i.a~rasce. ~ai e:utia~ or bereafter ~ade. aball be ~A ~(Itlns iOd lIIaII bt S Pitl O~ WIf I~OfI~~! ajttt/Itllt
~s telly ~s tLoufh set (atA rerbati~ bareis ~ad shaU ~o~ern both puties 6ereW ssd t4eir soecessors aod usi~ns. No liea upon wy di
~~fd plieisa d iuYnace at uoa~ aslr te[aad ot redm ~e~i~ ~r4ic~ rar be arabte os tbs caseeilation or te~sinatia? tbertof. sAall
be ~irss to otAsr tk~s t~e YaWta, escePt br propet esdorse~eot a((i=ed to sYeh policy and ~pproved br Yortp~ee. Eaeh policy ot
iw~r~aoe a6a11 Aa~e dCueed t6e~eto ~~taadard Ne~ Yak Mort~see Clanse ~itYart Coaaibrtiaa. atin~ ~U loss or Iosses uade~ sYCA
ooliey Mr~ble to tYe 11at~ee u its iataeat ~~su. ta t6s erqt ~ap s~ a s~w o( ~wer bsca~e oayable tl~e?euader the 1/ort•
Wee a~a!! l~re ~be optiu~ eo reesi~e ~ed ayytr tie a~s ao ~ceoYwt ot ths ia~ebtsdaeu Aerebr secured. ar to permit We Nort~aRor
to recei~s aad ose it. or.~~y art ~~of. rithoYt We~eb~ ~ai~iaa or isairi~ ~ey eqnitr~ liea. or ri~ht Ynder u+d by vinue of this
sorya~s. 6i ~veat of lo~s or oipsicd da~ase to t6e ~or~a~ed Oropertr tbe ?lertjaaar siall ~i~e i~r~ediate eotice thereof by msil co
11~e Mayajae and t?e Afortsa~ee ~ar s~te ptoot of loss it We aa~e is eot wde ~osptlr by the Mottia~a. In event of (orcclo~ure o(
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