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Home My WebLink About0813 i'ROYID~11. ALNAYS. thai ~f the ~1urt~~~or shall p~y unt~~ the ~btl~a~ee the ~n+iebtednt~~ r~~Jrn~rd b~ r cettain ptum~ssay ~ote .~f which the tolluw~e~ ~n v?•utds and f~~u~rs • uue c~~pv to-v?+t 7'i`lo~c~ga~a i'Zate . ~ 3 ~ _~,1:J.~~ ~1~~~~?~,FluriJa ~:ece:::~er_~ ~'~70 i _ - - ' F'~Itt \':~i.l l~: t~l•:l:t~l\'1•:t)_ ----------I- ^----m--- _T_~ - prumi~r tu },a~ r~~ u~~,~^~~ T ~ T i=V~:~.~1.~..11\ ~15 :`.Tr~~ ; t.? tLr ur.irr u( L$., _..t1~..~~~.il:1~l~~l~~i~~~ ~ ~ - ~ i thr ~~~~nr~~~al .~uu ut '~'1~'Q ._~~Ol1S~~~2c r'hl^~?e ~12I1QL@~_i::::~e~8~I1~1Q~aO1.1.:11t.~, tu~~•tiirt wil6 i~~trer.~t ~ ~I~rrrun fruiu 3at~ at tiir ratr uC trn Ex n•rnt. ~xr annum unlil uiaWntV. ~x+tl: princiNal and intrn•t Lring pa~aLlr i~~ Irwful ~nuu~•~~ uf th.• l: nitrd ~tatr• at '.'~•l•4 Itiva~•nr l3hd.. \lia~ni. Flutid~, uc at such othcr place aa thc holdc~ hcttiuf may dc.•io~~atc in writin~. ! 1'cii~.•~psi and intrn•~t ~~a~ ablr iu in.tallmrn4. :u Iollows: ; . . 3ixty (;:~0.00) nolla~rs per month, be~inning on the 15~ d~y of Febru:.ry, 1971, an3 contir:sing on t~:e 15s~ day o~' each and every ~ontY. thereafter i until paid in full. i This note mar be pcepaid ~n ~~~hola or in part aftar one year from the date hereof upon payment of a penalcy equivatant ~ w li~•t parcent ot the prin.ipal sum ptepaid. 3j F:~rh in~t:?Ilne.•nt payuirnt ~h~ll tx cc.~ditrd Cr,t on the interrst due, and the ~emainder on princiE~al; anJ intere•t shall th.•n•- upun .•rr~.• upun tLr principal w rnditrd. ~ ~ '1~lir ~u.,krn and rndun.•r~ uf tl?i~ nute [urthrr ao~~c 1o waive dcmand, noticc of nun•pay~ricnt and protc~t, and in the event wit .hall I~r bruu~l~t lur tl~r .uil.•ction herruf, or the azme ha,: to be collreted upun demand of an attorney, to pay rca~nable att~rncy~• i~~r• tur it»l~nD •uch cuUcctiun. ; I)elc~~rd pa~•ments hercunder ~hall brar intere~t at the rate of ten percent per annum t"rc,m maturity~ until paid. 7'tii~ notr i: ~ecured by a morta*age~of eyen date herewith and is to be construed and enforced acco~ding to the laws of :he 4 ~tat~• of l~lorida; upon default in the paymeot of principal and~or interest whtn due, the whole ~m of pnncipal and inter~t R'llLttllRe unpaid •hall, at the option of the holders, become immediatel} du d pa~ab . . ~ ' (SEaL) i . (S E:~ L) Prrµ~red sy ~p~tkt S Tendrich. Attorneys - 2'2~t0 Biuayne Wvd., \tiami, Florida • ~ - and shall petform, comply v?~th and ab~de by each and every the stipulatians, agreements, conditions and cove- nants of said ptcxn~ssory note and of th~s deed, then this deed and the estate thereby created shall cease and be null and void. 1. The ~bttsagor heteby cuvenants and agrees• (al To pay atl and ~m~ular the ~rinc~pal and ~nteresc and ocher swns of money payable by rirtue of sa~d prom~sswy note and th~s deed. or e~ther. prompll~ oe tht.da~s respect~~ely the came sevtrally becanes due. lhl To perm~t, caamit or sut(er no ~raste ar+~f to ma~nt~~n the iaeprorements at all ua?es in a sute of ~ood repair and cund:e~un, and to do a permu to be done to su8 prem~ses nothios that +r~Il aher or chaa~e t6e we ~nd c6at~cter of sa~d property or in any W ay ~mpau or I Mqten tht stcuntY of th~s reortp~e. And in use.ot t~e re(usal, ne~lect a in~tr~Uty ot the Morti~iw ~o repair and maincr~n s~~d proper. ~ ~ ty, the Mott~a~et may, at h~s opt~on, mate such tepa~rs or cause the s~me to be ~asdt, aad advance maneYs ~hat behslf. j (c) Ta pay all and s~n~ulu the uxes, assessmeots, lev~es, Gab~lities, and obliptioos ot erery nature on sa~d desenbed property each ~ anC e~ery .hen Jue and payable aecordiai to h~, before they becaoe deliewuent, aad to del~ver to tbe Mort~~dee oe or before March ~ 15tA of each year taa receipts evidenc~as the paymeet o( aU la~(ully ~aposed t~:es fa tAe pteced~n~ calendar ~ear, to mdemnify tAe ~ Mat~ajee upun his demand (a all taaes, asses~ments aad char~es tAst mar be sssessed upoe th~s mortsa~e on the ~ndebtedness curcd hcreby, and ~a~d by the mortsa{ee, sithout reEard to any lar heretofae enatted or hercafter to be en~cted ~mposin~ payment ot ~ the ,rhole or any ~art thereof upon the ?frnt~a~ee. ~ ld1 To pay all snd s~nsular ~he costs, char~es snd expenses, inelud~n~ I~ryers' (ees and abstnet costs reasonablY ~ncurred ar paid at i an~ t~ire by the Nurt~aEee bec:use of the fstlure on tAe part of tke Mortsa~or to per[orm, comDly ~~th and ab~de by each and erery the ~ shpulu~or:s, s~reemcnts, cond~uons and corenants of said promissaY note and tl~~s deed, or euher, snd e~ery such raymen~ sAall bear ~ ~nterest fran date at the rate o( ten (104) per cemum per annum. • (e) It ~s turthet corensnted ~nd a~reed by sa~d p~nies ths~ m the e~'eot ot a su~t be~ni msUtu[ed to foreclose th~s mort~a~e, the i?1~x~- ~ ~s{ce shall be entnled to apply at any tie~e pafdin~ suc~ foreclo~ure suit to the court havin~ jurisd~ction thereof fa the appo~ntmeoi o( a receiver of all and ainaui~r tAe 4wtsa~ed p~opetty, and o( all reats, ~acomes. ptotits, ~ssues and revenues thtreof, (rom ahatsocver source denved: and thereupon ~t is her~by eipresslr corenaeted •ad ~~reed tAst tAe Court sAall [orthvith appo~nt such rece~rer +~~tA the uswl po.er~ and dut~es o! receivera ~n ?ike cases: and a~~d •ppo~ntment shall be made by tlie court ~s a matter of suict ri~ht ~o ~he Matsa~ee, and .~thaut reterence to tAe ~dequacy a inadequacr at the value o! the property herebr mat~a~ed, a to tAe solvency ~ or ~nsol~encY o( ~he Mataa~ors or •ny other party defend~nt to sucA suit. TAe Mort~~~or hertby spec~tic~lly w~aives the ri~ht ~o ob~ect ~ to the appo~ntmee~ o! a rece~ver afuresa~d and hereby eapres~ly consenta W~t auch •ppointment sdall be made as an adm~tted eQu~~y fi ar?d ~s a matter of absolute ri~At to the Mort~a~ee and ~hal the same msy be done ~nthout notice to tAe Siwt~a~or. ~ (f) J( toceclosure pro:ted~n{s shoufd be ~nat?tu[ed ~~siest the property cove:ed by th~s mort~~~e upon any other Iien or cla~m shether = alte~ed ~o be superia or ~un~« io thc l~en of this mortp~e, the Mort~a~ee ioay at 6~s opuoe ~aa?cdutely upon ms~iwuon ot such su~~ ~ a dunna the pendency thereo( decl~re tA~s mat~~~e and tbe inde~tedneas aec~red hertby 6ue and pays~le ~o+thw~th and maY at ii~ o~t~on proceed to fo~eciose tA~s mort~i~e. ~ (~l Th~1 tAt 1/an~a~o~ ~~11 kteP all real snd personsl proyerty eor or Aereafter eacwsbeted by tht I~en o( this mort~a~e ~nsured as may be requued lroa~ aat to tiae by thc Mortsa{ee a~a~est loss by tire, vv~nds~otm and otAer hazards, caswlues and :ontm~encus (or such penods •nd for not lesa ~~a such ~ieounts ~s wY be reauucd by the ~Iott~a~ee •nd to paY p~w~p~lY +~hen due all p~emiwns fa such ~ ~nsur~ace. TAe aeounts o( ~naucu~ce reauired by tLe Mortaa~ee sh~ll be the s~aimuu amounts for ~hich sa~d mswancc shall be wruten „ and it sAa11 be mew~beat ~pan the Mort~~sa to ma~n4~n such •dd~uon~l inaurance •a m~y be necessary to meet and comply tully r~tA ~ ~11 co-~esu~anee reauite~snU centamed in said pot~cies to tMe e~d tA~t tbt ss~d Mort~a~a ~s not a co-~ni~rot ~~+ereynder.Inaw~nce shafl be ~rnttee by • coep~ey or co+~pan~es a~po~ed ar des~~n~ted by the Mortaa{ee ~nd ~11 polic~es and rene.als tAeteot sAall be held ~ by tlst Mwt~a~ee. All detailed des~~nauoos by tbt Mo~yt{a ~A~cA are ~ccepted b~ tAe Alon{a{ee and all asreements betveen Matp`or ae+d Mat~s~ee rel~tm~ Io iasur~nce. no. ea?stini or 6ere~ftsr m~de, ah~ll be in rn~~n~ ~ad shall be • p~rt of tA~s mort~a{e ~~recmeat as tullr as t~oush set fart6 rcrbatsin hcre~rt aad s)t~ll Sorern both p~rues Aersco and tAc~r srccessws and ~ss~~ns. No I~en upae ~ny ot ; ~ s~id pol~c~es o( ~n.uranet or upm aay re!und or retwn ~es~uai ~rh~ch wy be p~y~blt oe tAe c~ntsll~tion or term~nat~on thereof, ahall ~ be p•en [o aher M~n tAe 61or~a~ee, eacept br poper enda~ement ~ftued to sucA poluy ~nd ~ppto~ed by Mat~a{ta Each pol~cy n! ~ ~ m~Yr~sec sA~li h~ve •(f~ied thereto • Standud Ke~ Yo~k Ulortp~et Clause ~r~~hoYt Coau~b~han, m~k~ea ~11 losa a loste~ uuder ~uch pot~cr p~y~Dle to the 1Ao~t~a~ee ~s ~ts io~ereit nuy •ppear. !n the e~set sny sum at swas ot money becoe~e P~y~Ele +hereundcr the ~lort- ~a~et ~h~ll have the opt~oe? to ~ece~ve and apply tbt •~+~e an ~eeornt o( t6e ~ndebtedness Aerelr secured, w to pe?m~t the Nort{~~or ~ to recei~t and use ~t. or •ny p~rt thereol, v~thout tAtreer rt~ir~n~ o~ ~nepa~r~n~ any e~u~iy, hen, w n~ht unOcr and by vutue of th~. maya~s. (n ereet o! Iws ot ptiys~c~l d~ms{t to tht morya~ed aopercy ~he Mort~a{a shall {~ve ~mned~~te eouce thereof by Ts~l t.~ 1At ~4ott~~{ef •m! the INort~a~tt maY m+kt pr~,ol ~•1 lo» tht ssme ia nM r+:adt promp~ly b~ tAt ~lort~s~4~x. In t~cm of t~ae.l~~.u~t ['}s ~ ~ ga~K 189 810 " _ : ~~w ~ _ _ v.-~-Y~.~ xsk_~~~~,.