HomeMy WebLinkAbout0224 PROVI~)t=11, AI.WAYS, that ~f the \1u~tgag~~r `hsll pa~• unt~~ th~ \kittg:+gr~ thr ~nJ~birJnr~s rv~Jrn.rd hy a
cerlain pnxni~su~y nutc__~?f which the f~~ll.~v?~ng ~n vr~~tds a~d figurts ~ trur cupy tu-w~t:
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- - - \li~wi. F'lurid~ ~ . _ _ _ _ . ,Itt Zy 10 ~ . _ . . 1 ~1 71
F'(Ili~'A1.!'F:It~;l:!•:1\'FI)__ ~dG'~ ~Q~II~ly: c~21C~_SCtG'i~l~_~_}~ _ . _ _-i'rumi•~•Iup:~y
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t1~t~ ordrr ___A~N P. CAI.1l~:R0\ _ AtV )_D M1~E CAI.I)EROi~I, _ HI S WI I~ E
~,~~?~~•~j,:~t,~~~~? ~t Two_ Thous~nd_ 7~:*eiit3?-Five No%100 - I>nl.i.:~lt~, <<~r.•~h,•~..;c1~ ~~~<<•~.•~~
thrn•uh f~utn dalr at tl~c ratc uf tcu y?crrrut. ~~r~ anuuiu uulil tn.~lurity. Iwtl? p:inci~~al :uid inlrr~..l I~rin~ F~J~;lI~Ic• in IaHlul iiiwi~•~ uf
~ tl~~~ l'uilyd ~tatr~ at '?'.'.-~l Eii~C:l~'lIP l31~J., \fiau?i, Flurida, ~x at ~uch ot{?c~ placr a: thr I~ulder: 6~rru( tn;:~• JC.!~IGII~• 111 \~fl~lllc.
1'nn~•ip~l aud intcrr.t p~~'ablr in in.t:~luncnt• a: (u1luN•~:
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~ Thirty-Five ($35.00) Dollars per month, for thirty-five (35) consecutive
~ rnon~hs, on the ZStI~ day o£ each and every mon~h, begi_nni_ng on the lS~h
day of Septe~.iber, Z971 ar.d contimiing Lmtil tt-~e ISth day o~ August, 197~~,
at which time the balance shall become due and payable,
This note may be prcpaiet in K~liote or in part a[te~ one ycar from thc Jat~ htreof upon payr~ent of a p~nalt}~ cqui~~al~nt
t~~ fivt peicent of thr principal sum prepaid.
Eac6 it>t:~llmrnt E?~~•~nent ~I~all br en•ditc-d fir=t o~~ tl?c inte~r.l due, and the remainder un prinripal: an~1 intrn•-t ~I1dII tll~•fC-
upun rra:e~~~pon thc pri~~cipal .u c~rdit~d.
The cnal.er: and rndur,cn of thi~ nutr ~urthrr a~rrr to N•aivr di•mand, notirc of nu~r~~a~•ment and prutc~t, c?nd in c~ent ~uit
-1~.~11 t~e b~uii~l~t [or tl~r eullrctivu Lrrruf, ur tlic :ame Las tu bc collcrtcd upoii drn~and o an atturn~•}~, to pa~• rca-wrrLl~• aRornr~
fur making wrh ~•ullrrtiun.
~ _ UC~f~~rd pa}~mcnt~ herrus~dr•r :hall brar intere.l at tf~e ralc of len pere~•ut per annum (rum n~aluri[~• unli) paid.
~ ~~hi. seot~ u secured h~ a morto~;;e~of e~~en Jatr herewith aiid i: to !?c con;trued and enfun•ec! arcordin~ to tlie (a~:, of th
~t.,tr of Fl~~reda; upon defau!! in th~ pa~~ment of principal aud~or ii~terest r.hen due, 1l~r r,l~ol~ <um of prini•ipal and intrrr.t
! rrinaining unpaid ~h:dl, at lhe ~?E~tiun oI lhe holder:, F?ecome immediately due and pa~•able.
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Frrp~red by ~pi~lrr S Tendrich. .Attome~~: •~?;0 ltiv-a~•n~ lil.d.. \liami. '1 ida - - - - -
and shall perform, cumply w~th and ab~de b}• earh and e~•er~- the supulat~i~ns, agrtements, cc.nJit~ons anJ cu~•e-
nantt uf .aid pr.~m~s.or}• note and ~?f this Jred, then thc. dred and Ihe ectate thereby created shall cease and h~
nuil and ~o~d.
1 The \brtgagrr hereb~• cu~~enants and agrce•:
la) To pay ~lE ~nd s~nEular the ~vm;ipri and mterc~' ~nd ~~thc: .um~ of muney- pa.ebir i+)' v~ttut ut sa~il p:om~~~ory r.ote ~nd th~>
dted, or ulh~r. pttrr..ptly- vn tht d.eys re.pei v»rly ihr <amc ~r~'erallv h=-i,.mr. due.
th1 Tu permet, c.unmet or sutfer n,~ ,a~su a~d co metat: ~n !h- ~mpro~cmcnts at all ::mrs m~ state of go.xf rep~~r ~nS .undwon, artd to
do :x pe:mst [u he 3onr to ~a~d prrms~tc nuihnng that ~~It alter or char.~c the u.e and character ..f .a~d proper*.y ~+r ~n aep way ~mpac ~x
~eaicen the ~ecarit~~ o( this mu:tgage. 3nd m casr of ~hr rrfu.at, neglect ur m~oihty of thr Afnrt~agor !o repair and ma~ntam sud proper-
rt, the M~x~aa~eee may, a~ h~c upuon, make such rcpa~rc ix caucc the samr io be made, and ad+'ance moneys m ihat behalf.
Irl 7o pay al~ and c~n6ular the~~es, a~se.srt:ents. Ir~us, lub~litses, and obliEat~ons of er~ry naturr on ca~d descr?h~d propert~ cach
and erer~ ahcn due and payable accor3~nF to lar•, bcfore tAcy Ee:omr del~nQur..t, and to dehv~r to thc MurtgaEce on or brfwc 1larch
15th of eacA y~ar tax receipr. e~~aerec~ng the pasmrnr ~~f a;l ia•rfu11~ ~mposed taxes for ~he precedmE catendar y~x; to ~ndemmf~ the
\lor:~asee up..n h~s dcm~nd i~x ali taacs, a.sesrment~ aad .harg~c tha~ may be assessed uC.n th~s mortsa~e on the ~ndeb[edness
.ured hereby, and pa~d by thr .^.~uctEagee, uith.eut ec~ea~d io any lar Aecetufure enacted or hereafter to bt tnarted impo+ina ~ayment ~f
thc +hote or artv ~art thcreof upon +.hr \1ort~a~tec.
(dl To pay all and .inEular thr :o,t., .harg~~ and ~¦~x•n~c., tn:lud~ng ia~yer.' f~e. and abstract .osts reaconabh• m.urred or pa~d at
am t~me ihc ~I~KtgaRte bcceu.~ of thc la~lurc on the part ~,f thc ~tortga6or tu perform, :ompiy y~~!h and ab~dr hy ea.h an3 evcry chr
s!~pula:~ons, agreemen:c, cond~tion. an:1 ~~»ena~tc ot ~a~d prumusur} rtote and th~c dred, ot erther. and evcry .uch pa>mtnt chall t+car
:meres; t;:.m .iate at tne ute uf trn 110`~1 pcr .entum pcs ennurr;. ~
(el It ~c futther covenanud and a6rcod t+y said parhes that ~n th~ ecent ~t a.u~t be~nE tnst~wted ~o (orec:ose th~s mcut6age, tht ~1~~-
~asee shail be entuled co apply at any time ~+endmg cu.h furcclocurr .uit to tht <<wn hav~rtg ~ur~sdicr~~x~ thcrcof fix thr appointmen~
o; a re.eicer o( all and .~ngular the mtxtgaErd pru~xrty, .~r.d of ail rents. :ncumes, profits. ~~sues and rc•=enues thereof, from ~hat~ue~er
~ou::e der~ved. and th~reupnn ,s h~rch~ eaprcs~l~ :o~•enantrd and agreed that the fourt shail forthv~tA appo~nt .uch rcce~ver ~~th
the uswl porers and duues of recener~ m I~ke cacec, and sa~d appo~ntment shall he made b)' the c.~utt as s macter of stnct n~ht iv
:hc \IcxtgaEer, and r::hout rcfrrcncr to !hc adcyuac~ ~~r in~~cyuacy ~~i thc ~'a1u~ uf th~ p:opcrty hcrcby m~xtEa(ced, ~x to thc snlvrnc>
.~r ~ntiol.en~} of the ~1o:ssago:~ any ~~ther petlc d~;endant tn .uch .uit_ :hc ~tortga(tcx her~n~ ,pec,f~cally w~~.~s tEc right to o;.~ect
to tht appo~ntment of a rece~~~er a. af~.re~a~d and hrrcA~ eapre.ch• e~x~.ents that cuch •rriunt:nont ~hall !+t matle a. ~n adm~tteu ryu~ty
~rs~ a~ a mattcr o: absc!~[e :ight !o ~hr \lurtgagtc an1 :hat thc .emc ma~ b~ du~e aitA~~ut nohce t~~ thc ~lo~tgagof.
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' (f) f fn;~i:+,curc prnceedzng~ .hvuld h[ in.t~tutcd aga~nst the prnpertv :u~ctea! by thn m.xt6agt upon any o:her I~cn ~.r cla~m ,?h_th~r
~Ite`ed tn ~c .u,+cnor or ~un~o: tAe lccn uf this m~r.!gag. , tAc \1.•rtKagee ma> a~ h~c opu.m ~mmediattl: up~n ~n.ntutian ~~i .uch w~t
rx dunr.g the pendency th-rcof dectzrc rh~. mcxtg~Er and thr ~ndrhtrdnes. ~e.use~t. hereh~ dur and p~}ablr t,~:thwith and mr~ e:
o~'~on prcxe~d to tixeclosr th~~ cr,or~sagc_
ir) Thaf thc \t~>rtgaRor a:l! itep a11 rcal and ~xr~:,na1 ;~rnp~rty r.o~a ,K hercafr~r rn.umbered h~ ~hc l~:n uf 'Ai. m~~-!peEr ~n,u:~d •ti me~
be teyuucd tmm >~me tu t~me by ihc ~1•v.tgagcc egn:n~t lu~. h~ (trc, w~nd.t,~~m •nu nthcr hriarJ., cs.u~lt~~. end a~.ntmEcn.,r~ t~~r w.R
pet:cdc ar.d tor n~~± I!.s than ~u.h amnunl~ a~ ma~' bc re~ui.cd by ~h. \1~~ngagcc anJ tu pey ptumpth ~aEcn dur ~'.R nrcm:um+ tr.r ~uch
~n~mance. TGc am~~unts of insuran~e rcyuued t+y tho \1ur~Kegrr .hall br thc mm~mum em:~un~. t~.~ rh~:C .a:d znwcan.r .nall ~r ynttrn
aad ~t .hajl be ~ncumbcnt up~+ 'hc ~i~~ttgagot m~~n~~~a .u.h add~t~unal ~awtar.ac a~ ma>' be nr.r.s~n t.~ mrtt and ~.+mp:c tully +~th
~11 iwir.surance requ~rea.enl+ con~amed :n ~aid pulecie~ Ihe end thrt the n~id V~x~EaEnr i. n~t a.~,-in.uro: ;he+cundr~.In.utrnce
~A~11 he ~r:tten ~y ~«~mpany or ~umpan~e~ eppro~cS nr dc~•Knnl~d h~ thc \InrtPagee ~nd .~ll ,o~~ur~ anJ rencwal~ thc~ct•t .fi~11 bt he~J
by the Mwt~aEcr. ~Il drta~ted Jc~~6riaUOna Ay thc No~IgaE~u ~hech arc ~c~epted bv !he ~fo~t~t~~t: •nd •11 ~Rrcemcnt. b~t~ecn ~I„rt~~Eor
and Mor~6asee rclat~nR n~ ~nsuran~c. n~.~ cxnunR hcrcat!rr i~ade. ~h~il A~ ~n ~n;ing •nJ .hall b~ r per; ot ~Au murtKa~te •Ertemcnt
as tu:~y at rhouKh .rt to:th ~ert,as~m hcic~n and .Aall K.n~m n„th pa~t~c. hcrcto and thcsr .u~~e.~„n •nJ a~+~~en~. N~~ I~rn u~on ~nti ~.r
said po!tucc ot m.~,r~rsc~ or uprn enti rriunA nr ~r!urn p~rm~um ah~.~ me> b~ p~pah~e on th~ .rnccllati~m ~u tcrm~n~h~.n thcrr.~f. .h~!!
Ae 6~ven tn uthet :han the llottKaRce. e+t.ept h~~ propcr rnJnr.cment alfiscd t:~ w:h pi~l~e~.- end aP[x~.~eS by ~IIM1~[,~~ff. F"J~h ,..ii.~ ~.t
msurance Sh~11 ha~~ •f(ucd ~.`.cr~tn ~ ti~anJerd \c» Y~~rk ~Y~+ctgag~c ( tr~~c w~~h.wt Contr~hut~~rn, m~kin{~ •1! l+~.. L...r. unJrr _u.A
pnl~cy pa>'ahlr ru :h~ 11nt1g~gp~ ~t~ ir.~cr.-~t mrti •ppcar. In thc cv~n~ an, wm ur ~um~ n[ mnncy he.~~mc pa)"ab:c ~hrrcundrr thc \t,•rr_
p~at ~hall ba.~ the opuon tn recei.r an~! epnly :h~ ..me on accuunt uf ~hc ~n3eMedne.. hcreb~ .c.urcd, ur :o prrm~~ thr \1~~••K.~c••
10 ~ece~ve and u~t :t, ut •ny ~,~:t thcr~~.l, •~ith.rut Illfffh) ~Jii~p~[ ~K ~rnps~r:nR .;nr cyv.~y. li~n, ,~r r.,.h? up~n~~nd f) ~utuc
todtg~=e~ln'evenl of los? ut p`~YS~:aI damagc to th~ m~~r!Ra¢,-d ~uuprtt~ the \I,.rIRaR~~t chn2l R~~c :mmrJ~itc not~~r lhrit~.f t•. -.,.1
tGe ~1urtRaaee and ihr \IattK~Rrr mnt~ m..kr p~•. q ~ ~ . rh~ .~^ie- n~~t .~sdr prompTl•. h•. rhr ~ rt x. ~ . . . •
1~ g.;p~ Ir. ~n• rc.
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