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Home My WebLink About2649 . i - - ~ t ) PROVIDEn, ALWAYS, that if the Mort~a`or ah~ll pay unto the Mort=a~ea the indebtedness cvidenced by a ceruin p~omissay eote of which the fallowins in words and fi~ures is a true copy to-wit: . . , . . _ I/rotit9ag~ ~ . _ - . .r, _ . ~ . . s 2225.00 M;.m;, FI«;d, May 22, 19 71 FOR VALUE RECEIVF.D We. iointlv and s~verallv pwmi.e ~o pay co the «der o[ DRS STIIKE AND BROWN PL EES : P NSION TRUST the princips! uem ot ~LLAFtS. toaether wi intrre~t the from date at the ate oI ten perceot, pe~ annum until maturity. both principal and interest bein` payable in law[ul ~r ~r the ited Stata at 2:44 Biacayne Blvd., Miami, Florida. ot at wch other piace u the hdden hereof may dai6nate i~ riting. Prioe al and interest payable in ir~stdlments ~e follow~: Fiftq ($50.00) Dollars per month, beginning on the 15th day of July, 1971 and continuing on the 15th day of each and every month thereafter until paid in full. Tbis note may be prepaid in whole or in put after oee yeat [corte the date heceof upo~ payment of a penalty equivalo~t eu five petcent of the principal sum prepaid. Each iriYtallment pay~we~t shall be cadited first on the intee+est due, and the remainder on principal; and interest shall thrrr- u reax upun the principal so credited. The makera and endorssru of this note further agree to waive demand, notice of non- yment and protest, and in the eve~t wit u ~h 1 be brought tor the collection heeeof, oc the aame has to be edleeted upon demand o an attorney, to par reaeonable a ornep i f . [or making such cdlection. fltfemed payments hereunder ahall beu interest at the rate of ten pecceat per annum Eroan maturity unti! ~aid. l 7'his note is ~ecured b~? a mortgrae~of even date herewith and is to be coertrued and enfoe+oed ~ecadu~ to the la t of the • State of Florida; upon default in thepa yment of principal aadlor intuat whea d~, the whde ~um of pnacipd and 'mterest ermainina unpaid sha11. at the option of the holders, become inunedi~ ~e ~nd yabk. • (SEAL) 6? c~~-c_... SEAL ~ ) ~P~ Mr ~kr ~ Tendtich. Anamey. - 2'l~0 Bi~ne Bl.d.. Mi~mi. F and shall per[orm. canply with and abide by each and every the stipulations, agreements. conditions and cove- , nants o[ said promissory note and of this dced, ihen this deed and the estate therehy created shall cease and be ~ufl and void. 1. The Mortgagor hereby covenants and ag~ees: fa) To pay all and s~n~ulu the princ~pal a~ interest and oiher sums o[ money payable by virtue of said praeissory note and this deed. or eit6er, poaptly on tde days respec~ively the ~ame ~evrrally becaoes due. (b) To peta~it, caom~t o~ suf(er no ~aste a~wt ~o ma~ntam the ~mpra~ements at sll umes ~n a state of ~oad repair and coaditioa. and to do or perm~t to be done to said premises nothin~ that ~ill alter or ch~n~e the use aed character of said prepertY a in any ~ray impair or ~eaken the security of thia mort~a~e. And ~n case of the refusal, ne~lec~ or inability ot the Mort~a~or to tep~ir sod maintaio s~id proper- ty, the Mo[tp~ee may, at 6~s opuon, make suth repa~rs a tause the same to be isade, and advance rnoneys in thai beh~lt. ~ (c) To p~y all aed sin{ulu the taaes, asaessments, levies, I~:b~lities, and o~li~at~oes o[ erery n~ture on aaid desctibed property each ~ aad every w~hen due and paqable aecadins to Isw, betore theY becoa~e delinqar..t, aad to delivrr to the Mo~tiasee on or betae March ' IStA ot estA year aa receipts evi~icncin~ the paYment ot all law(ully ~mposed t~aes !or the precedin~ talendat year to indemify We ~ Mat~a~ee upoe his des~nd tor all t~:es, ~ssestmenis and cAar~es tAat may be a~sesacd upon tAis u~ort~ste on tAe indebteMess a~- ~ cured Aereby, aad paid bY Ne u«t~a~ee, ~~U+o~~ reeard to any taM hereto(ore eoacted or hereafter to Ee enscted i~eposin~ paynaent of ~ the ~6ole or ~ny ~+art thereot upon the Morttatee. ~ (d) To psy all and sin`ul~r the costs, char~es and e:penses, includ~e~ laryers' (ee~ and abstract costs reasonably incurted ~x p~id at ~ aoy time by the M~xiN~ee because of t!u faiture on ~he part of the Mortgs~or to pertorm, canply w~th and ablde by eacA snd every the stipulat~ons, s~teements, couditions and covenants of said promisaory note and this deed. a tither, and every such~payment sAall Deat ~ iate~est fraa dste at the rate ot ten (IOS) per centum per annum. ~ (e) It is turtAer covenanted ~nd a~reed br ssid parties that in thc erent d a suit beio~ instituted to foreclose diis mor~~ase, t6e Mat- ~ p~ee s6~11 be eelitted to spply at ~ay time pend~n~ sucb foreclosure suit to tht court davin~ jur~sdicuon thereot ta the appoiotseat of s receiver ot all and sinsulsr the mort~a~ed property, ar.d ot sll ~ents, ~ncomes. pcofits, ~ssues and ~evenues thereof. ftos w~bstsoerar ~ sowce derired; and therenpoe it is hereby expreasly covenanted and a~reed th~t the Court shall [orth~it6 appoint sucb reeeivet ~~M tht wwl parer~ and dulies o( receirers in {~ke casea: and s~id appo~ntmeet sAall be made by the conrt as ~ matler ot striot ri~bt to tbe Motep~ee, and ~ithaut reference to tAe adequacy or ~nadequ~cy ot the value o( the ptoperty hereby aart~s~ed. or to tAe solvency or imolveney of the Mort~~tors or any other party de(endant to sucA su~t. ?he Motts~sot hereby specitic~lly waives tAe ti~ht to ob~ect to tbe appoietmenl of ~ receiver as aforesaid snd heresy eapressly consents that sucA •ppo~ntment shall bc made as an ~dmitted eQuity ~nd as a matter o[ absolute ri~t to the Ma~tta~ee and that the same auY be dane w~thout notice to the ~fortsa~or. (f) It foreclosure proceedinis should bt inatituted asaiast the property covered by t6~s mo~tp{e upon any otAer lien or cls~m rrhetAer ~ alle~ed to be superior o~ jan~or to the lien ~+f this mortsa~e, ~he Mort~a~ee may at his option ~mmediately upon mstiwnon ot such su~t ~ ot dnrina tAe pendeaty.t6ereof dec~ire th~s mortaa~c snd tht ~ndeDtedness secured hereby due and payable fartAw+ith and mar at~ts ~ opioo proceed to foreclose this aor~p~e. (s) Tbst the hlatpsor rill keep afl real and personal property nor ar tereafter encumbered Sy the I~en ot this mw[~a~e insured as may be required (rom tise to time by tbe Mort~asee a~s~nst loss by lite, ~~n~lstorm snd oWer hazards, caswltws and contmatncies (or such ~ periods and tor not Isss th~n such amounis as may be requued Ay the Mort~ajee and to paY Dromptl~~ when due all prem~ums (or such ~ insut~nce. The amounts of inaursnce requued by the Mort~asee shall be the mmimum amounts (or wh~ch sud msut~nce sAall be ~rittee sad it s6~11 be incumbent upoe the Mortsa~or to mainuin such addiuonal ~nsurance •s ay be necessuy to meet and coeaD~Y ~~~~Y ~ tll to-inannnee rtquicementa contained in s~id polic~es to the eod that tAe said Matp~ot is not a co-iASUtot thereunder.Insutance ~ s6all be rntten by ~ comp~ny or coapan~ea apptoved ot des~~nsted by thc M«t~a~ee and all pol~c~es and reae~rals thereof shall be Aeld ~ b~r t!?e Nat~atee. All detailcd desisnat~ons by tbe Mort~~6or wh~ch sre accepted by the Mott~atee and ~II qreements betreen Mottptor snd Mortia~ee relatin~ to insurance, nor eaistins or hereafter made, shall be in writin~ and shall be a p~r~ ot thia mort~a~e a~reement ~ u fully •s thou{h set (o~tl~ verbat~m 6erem and shatl sovern both p~rties hereto and their successors ~nd ass~~ns. No I~en upon ~ny ot said policies of insurance or upe~a any re(und or return prem~u~n rhicA may be p~yable on the canceU~t~on a term~natwn thE~eof, sball D Q be ~iven to other than tde Mort~asee, except by proper endo~sement a(fiaed to auch pol~cy and approved by Ma~~a~ee. E~ch policy ot iasrnnee shal! have dfixed Iherc~o • Sundud Nerv York Mort{a~ee Clauae vitAout Contnbution. makins all loss w losses under such poliey payable to the Aiort~a~ee as its ~nteres[ may appear. In the erent any aum w swns of money become p~yable thereunder the ~1ort- p~te sh~l hare the option to rece~re ard aDD~Y ~ saoe on ~ccoYnt of the ~ndebtednes~ereby secured, or to petm~~ the Nort~aEor to receire and uw it, or any part thereof, without Uereby ~aivin~ «~mpairi4 ~nr sQ ~iliee, ot r~~ht under and by v~ttue ot th~~ ~ ewrt~ase. W event o( lo~a or physicsl d~ma~e to the mortaa6ed property the Mo~t~ator s6a11 ~ive ~mmedute nohce thereo( by ms~l tu ~ tht Mo~t~s~ee and the Mor~ta{ee may make proof o( loss if thc same i~ no~ made promptlY 5y the Mdrl~~sor. In event of (ore~ln.ure o( 2643 ~ , 800K 1~7~+ ~ ~U :°~a ~1 ~r's ._.,~v~i_ e . ..~a _,_a..,_. _ _ - . ~ ~ ,_e v,d,.~"~