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Home My WebLink About0463 ~ ' pROVIDEI), ALVIiAYS, that i! ~he A1ott~a~ot shall p~y uata the ~bt~~a~ee the ~ndebttd~esa tv~denc~d b>• a cetta~n pnxn~csoty note of which the (ollow~~~ in wo~ds and [i~u~Ct ~s a truc copy to-w~t ~dH~G~L ~~O~G - t 2~8?5.00 Miami~ Floria~ December 12~, t~~.2~. FOR VAI.UE RECEIVED We , 3ointl and severallv ~m;~ P,y to ehe order o~ ~DI~ WOLLY as ]eustee the prinripal sum o[~~re Thp,i~ ~Anri Fi o~t N~,dTSd S~veatT~`ivo . togethe~ with intere~t the~eon (wm date at the nte oI ten percent. pu annum unW matu~ty, both principai and i~te~est t,eina payable in lawful money ~f the I~nited Stata at 22~4 Biscayne Blvd.. Miami. Florida, or at wch other place as the holdus hueo( m~y desig~ate ie writin~. Principal and intereat payable in insWlmenb a~ followr Sixty Five (~65.00) Dollars per month, be6inning on the 15t~ day of February, 19?1 and continuing on the 15~ day of each and every month thereafter_until paid in full. This note may be prepaid in whole or in psrt after one yeu f[om the date hereof upon payment of a penalty equivalent eo five percent of the principal sum prepaid. ~ Each inaWlme~t paynient ahall be credited Cust an the intereat due. and the remainder on principal; and interest ehall three• upon cease upon the principal so credited. The makets and endorse~s of thia note furthe~ agree to waive demand. notice u: uon•payme~t and pmtat, and in the event suit ~l~all be brought for the collection hereof~ or the aame ha~ to be collected upon demand ot an attorney~ to pay reasonable attorney~s ~ ferx for makir~g such eollection. ~ ' Deterred payments hereunder shdl beu interest at the nte of ten percent per u~num fwm maturity until paid. ~ ' Thia note ia ~ecured by a mort$age~of even data haewith and is w be constrned and enforoed according to the laws of the • ~~tate of Florida; upoo defwlt in thepa yment of principal andlor interest ~rhen due. the whde dum oE pri~cipil and intereri ~ rcmaining unpaid ~hail. at the option of the holden; become ~mms ' ly due and payabte. ' ~ ~....e~.,.L~:~ ~ ~s~:~l~. (SEAL) I ~ ~ - ~ (SEAL) Ptepared by Spiekr de Ta?dtieh. Attarnt~n - Z'l40 Bueapae Bl~d.. ' btida • ~ and shali per[orm, comply with and abide by each and every the stipulations. agreements. conditions and cove- ' nants of said promissoty note and of this deed. then this deed and the estate thereby created shall cease and bc null and void. 1. The Mortaagor hereby covenants and agrees: ~ To.pay all a~ amaulu the principal ~nd intcrest ~nd other sums o( ~ouuey paYabie by v~~tue o( sa~d pran~ssory no~e and th~s ; detd, o~ either, proaM~ly on the days respectivelY ~e same sererally becoaes due. ' (b) To permit, coa~m~t a sut(er no ~raste a~d to ma~nuin the ~mp?oreaents at all bmes in a state of ~ood repau and cund~aun, and to ~ do a permit to be done ~o said preaises Aothin~ that vill alter or chaese the ust aad chatactet ot said property or in any W ay iiepair o~ veaken the secunty of thia mortpse. And in c~se of tAe retusal, ne~leet or inability of tAe Motts~~or to teFau and mainta~n said proper. ~ ty, the Mortp~ee may. ~t hia optim. make sucA repa~rs or cause tbe same to be made. aod ~d•ance mooeys ~n that be6alt. ` (c) To psr all at~d sinsul~t the taxes, •ssessmeats. levies, liabilities, aod osli~ations o! every qature on said described property each ; and every Mhtn dat and payable accadit~ to lar, bc(are they become delisquent, aad to delirer to the hlort~a~ee oa or Defae March ~ lSt6 ot eacb year qx reeeip~s evidencin~ the paYUient of •II la~[ullr iaposed ta:es for the preced~a~ caleedar year; to indemn~(y the ' Mort~a~ee upon his dem~ad for all ta:es, asses~aeats aad char~es that oay be sssessed upat this mortaa~e on the indebtedness c?- cured hereby, ssd paid py the morW~ee, rithout reeard to any I~w beretotore ea~cted or herestte~ to be en~ctcd ~s~poa~n~ psyment ot the vhole a any ~r~ tbereo( upan the Mort~a~te. (d) To psy all and sinaular tbe costs, chsr~es and expenses, includin~ laryers' fees and abatr~ct costs reaconably ~ncuned or pa~d a~ any tie~e by the Mcrtsa~ee because of the t~~lure an ~ht p~rt ot the Mort~a~or to pertam. caoply vith and abide by each and every thc supulations, a~tements, cond~tiona and coren~nts ot said promissory note and W~s deed, or e~ther, and e~ery such'payment shall bear ~ ~nterest trom date at the rate o( ten (IOR) per ceatum per annum. • (el It is (urU~er corenanted and aireed by ssid p~rt~es thit ~n tAe eveat of a suit beia~ instituted to foreclose this m«t~a~e. ~he M~xt- ~a~te shall be entitled to apply st ~ny time peodin~ a~c6 foreclosute suit to tht court 6a~in~ jwisdictim thereof tor thc ~ppo~atment of a tecei~er o( all and sin{~lar the mort~a~ed p~opeHr, artd of ~li rtats, iocomes. p~otib. issuss ~od reven~ees tAeteof, tro~ whatsoever ~owce derived; and ~hereuyon it is hereby e:ptessly coren~nted sod ~{retd that ~he Coutt sh~ll tort6~rith ~ppo~nt such receiver v~U the usual po~rers.and dut~es of receivers in like c~ses; ~ad a~~d aPpointmenc shall be sude by the court as a matur ot strict ri~ht ~o ~he Rlort~~~ee. and vrithoul retereace to the ~dequ~cy a in~dequser ot d~t ~al~e ot tbe propertr hereby mat~a~ed. a to the solvency ~ or iasolreacy of the Mort~a{ora o~ any other party defendant to such suit. 71?e Mwtp{or hereby spcc~fiully raires the n~At ro ob~ect to tht appoiata~en~ of a receiver ~s ataesaid and hereby exp~essly consents tA~t such appointtsen~ shsll be made ss an adm~tted equ~~y ~nd ~s a wner of absolute ri~!?t to the ~lort~a{ee and that the sa~e m~y be doae ritAout notice to the Alort~ajw. ~ (f) Jf tonclosure proceed~n{s should be iastituted ~~~inst tl+e propertr cove~ed by this mort~~~e upon any other lien a claim ~he~her atle~cd to bc superio~ or junior to the lien of thii eeores~{e, tAe Mortp~ee ioay ~t hia option iaoedutely upoe m~tiwtion o( such su~t g ar durins the perdency the~eof declarc tA~s rwrtp{e •nd the indebtedness secuted Atreby due ~nd p~yable (ortl~v~th and may ~t irs ~ option proceed to faeclose tA~s mat~~se. H ' ~ TAa1 tht Matp~ot riU ktep all rea) and person~i property nor at 6eteafter encwebered by the I~en ot th~s a~ort~a~e insured ~s msy ~ be rtqui~td frae time to tiise by the hiortsa~e~ at~inst loss by (ite, ~~ndstotm and otAer 6~zard~, caswlues ~nd conhn~encies for sucA ocriods and (a not less tbse such ~~nu ~a s~Y be req~ued by the Mortpaee ied to p~y pro~ptly whea duc •I! prem~ue~s (or such ~ msur~nce. The awounu of iesuranee reQuited by tbe Mort{~see sball be the sin~mum aoounts fa~ rh~c6 s~~d III3YfiAC~ shall be wnttce f ~ and it absll pe u~cumbent upon the AAort~~aor to saintain suth ~dditiooal insYnnee aa m~y be necessary to meet snd complr fulty .ith ~ •11 co-iasunnce requireoenti conh~s~ed in a~id pol~eies to tAs esd that tbe ssid Aforta~~a ia not ~ co-~naura thsreunder.lnsutance ~ sAall be ~nttee Ey ~ cosp~nr o~ coopu?ies ~pptored a desi~nated by Ne Mory~Eee and all polic~es and rene.~ls ehereot sh~l] be he1J by 1he Matpset. Alt detailed deai~n~t~oes br the Mon~a~o~ ~rhith sre acccptsd br the ?4ort~a~ce and all aircements betrecn Mori~a~or ~ and Alort{a~ee rel~tin~ to in~ur~nce. aor esistin~ a here~fta m~de. sb~ll be in +~ritin~ ~ed sb~ll be ~ patt of th~s ~eortp~e ~~recment ~ u(~Ily aa ehouil? set forth ~erbacim herein ~nd sAall ~orern bot6 p~rtiea hereto snd tAeir successws ~nd sssi~na. No I~en upon any o( s~id policies o( insur~nce or upon ~n~ refund or retwn premius ~hich wy be p~rable oa the taecell~tion or termtn~l~on thereof, ~Aatl be ~~vea to other than tbe Mort~ajee, except.Dr proper endorse~eent •t(iaed to ~uch policy ~nd ~pproved br hlott~~~te. E~ch poticy ot inaYraece ib~l{ Aave ~ffixed thereto a Suadud New York ~lort~s{ee Cl~use riU~or~ Coovibuda~. m~kua ~11 loss or losses under ~ucA ~ policy p~r~ble to the Mottptee ss its ia~creit rsuy •ppeu. In tbe e~sat ~nY suo or auss o( ieoney becoa~e P~yaple thereunder the Nwt- ~ ~s~et s1ull have the optian eo receive and spply the a~At on ~ctount o! tbt indestedetss hereby secured, or to permit the ~lort~aRor _ to receire ~nd we ~t, or sny part ~hereol. ~ithout chereby waivins or ia~urin~ any eQuity, lien, a rl~ht under ~nd by vutue o( tA„ ~ aatjast. ln eveat of losa or pAysicd dama~e to the mort~a~eA property the Mat~~~or sh~ll {~~e ~mrocd~~te not~ce thereo( by rt:s~l t~~ ~ . tAe Ma~p~ee arwf the AbrtEs~ee msy make prcx+f o( lo.~ ~f the samt ~ot made promptly by the ~f~t~asa. In evcm o! forc~l~~~ure ~f 800K ~~9 PACE ~6~ ~ _ . - ~ - ~ - . . _ w _ , . y,~k,~ _y ~ ~ ~~Y ~ :