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I'RU~tl1Et1, :It.KAI'S, chat ~f the \h?r~ga~or shal) pai• u~to the ~fo~tga~ee ~hr indebtedncss r~~dtnrrd h~ ~
retla~n pnNn~.wty nu~r a[ wh~ch the foltuw~n~ ~n u•o~ds and f~su~es ~s a uue copy to-wi1
7"r~a~,tqagC 72atc
_`~~`.2Q.QQ_ _ _ Nliaini, FluriJ~ .IL11X--.~a----- ~9--71--
FOR YA1.UE NFCF:1~'E:l)---_~ I- - _ promi~e to ~~a~.
<<, ci~~ ~~ar~ ~r ~ DOR a SaLTI EL_ _
tl~r p~it?cipal sum of _~lv~
~hou~arid ~v~u~dred Fi~__~_I~~~QQ_ pp~,~,;~(Z,j, to~~tlir~ M~ith intr~r.t
tlirrrun from date at the ~ate of te~ percrat, pc~ annum until matcrily, both prinripal and intere:t txing pa}'able in law[ui mone~~ of
1?~~~ ['nitrd States at '?'3-~-~ Bi~caynt l3IvJ., ~1ia~ui, Fbrida, or at such other plare as the 1?ulde~ herru[ may dr_:igmte in ..-riting.
I'rincipal and intc~r•t payabte in in~tallmcnt• a_• [allows:
One Hundred Ten ($110.00) Dollars per monCh, beginning on the ISth day
~ of September, 1971 and continuing on the lSth day of each and every
month thereafter until paid in full.
TI?is note may be prepaid in whole ot in part after one year from thc date hcreof upon paymtnt of a pcnalty equivaltnt
cu f~ve petcent of thc ~rincipal sum prepaid.
Each in~talln~rnt pa} ment ~hall be creditrd fint on the intr~est due, and thr temaindr.~ on principal; and interr~! ;hal! thrn•-
upun cea.;e upon the principal w crrdited.
The maken and endorx rs uf thi~ note further ae•ree to Mai~•r demand, notice of non-pa~•~nent and p~utr~t, and in thc event ~uit
.hall br brought [or the collertiun herro[, o~ d~e ~ame has to be collected upon demand uf an attore~•~•, to pay ~ea~onable atturnr~'s
f~•~•. for making :uch collection.
DefeRed pay~ments hereunder ~hall bear interrst at the rate uf ten percent p~~ annum frorn maturih- unti) paid.
This nott u:ecured by a mortgage~of eti~en date herewith and is to be construed and enforced accordin~ to th~ IaMS of the
j`tatr of Florida; upon default in the pa~-ment of principal and(or intere:t Mh~n due, the Mhole wm o[ pnncipal and int~rrst
~ R•n?aming unpaid shall, at the option of the holde~, become immediatel ~ due and pa~~able.
5 - . s'. _ ~ (SEat.)
(SE:A1.)
Pr~pared by : picler 8 Tendnch, Attorneys - 2230 Bisca~~ne $I~d., ~liami, Florida i
~r~J ah.?I1 perG:tr~. ~umpl~ w~th anJ ak+~dt by cach and e~•en tfie sUpulauons, agteements, ceinditians and cvrr-
nant~ uf .a~d prom~.sory note and ~f thiy deed, then th~s deed arxi the estate thereby creatta shal! ccase and be
null and vo~d_
1. Thr ~k~rtgagoc hereb> cu.•enants and agrees: -
tal I., pa~ aii ~n3 >>nEul~r i~t pt~nc~pil ~nd ~ntcte~i ar,~1 other ~umc of mOaty payab:e by v~tWC d sa~J prom~~.My nqte •nd th~~
dced. .~r cuhcr, prompth on th~ d~ti. rccMi~~~cly thc .~mt ac+c~a11> ?+tromes dut. '
Tr perr..is, ..vnar.~e cuf:er nn rs~te a~d :u .r.a:n:~~n she improvements at all umes m a atatr o: ~oad tera,r and ~ur~d~tu~n, and w
d,. .r perm~+ t.r drne t~~ .a~o ~rem~sea noth:nE that M~11 alter or chanse tAe ust and charac~er o( sa~d p:operty or ~n any xay ~mp~~r ..r
acatest :he srt,•:tr~ ^f !A~~ en~q~~~~e, 1nd ~n case ot ~he rcfusal. ne~lec~ ar ~nabJ~ty o( the Flor[~a~or to ~cpau aed mi~nia~n said prot+rr-
tAe ~fa~pEe~ ma>, at his opt~on, rnate suiA repairs or iause the s~me to be sade, and adr~n~e moneys m th~t behal(.
To p:y a!I and ~~n~ul~r the t~a~.. aaaes~menis. !e~~cs. liabiht~es. and oblijat~ons oi erery nature m sa~d dcscnbed property c~.h
..rwS e.ery tiAen Jur and p~~able ac~ad~ns to Is~, hef~xe tAey Decome del~a~uem, and to del~ver to the Norya6ee ~+n a be(cue ~Iarrh
IS:h ot ea.d ~e~r re:cipi~ e.~denc~nR [he payme~[ oi all lawfully ~mposed tase3 for th~ preced~ns c~lendar year. ~o ~ndemmlv tAc
~Wrtaasee up.~r. h~~ S~mand tor •11 laies, a.ses.mcnt~ and char~es ths~ may be assessed upun tA~s mort~ase on the indebtcdne~.
,ureJ her~M, and ~~id bp Ihe m.xtfa`c~. ~a~th,w~ regard To any la~ Aereto(ae enaeted rc herea(ier to bt ena.ted ~mpo.~nE ~avm~nr er
:R~ .h~,le or ana ^a-' nc~reof upan thc \f.atEaEec.
tdr i., p~~ ~II iaJ .+nEclar eht co.t., ah~:gr. ~nd t~p.nce+, +ncludins iav>ers' f:es aad abstrac~ .o~tc reaso^a!+!~ ~ncurr~d pa:e
am t~m~ ;R< \1.xtKaEcr ~raau.: .•f tF.~ (a~lart on tAt par~ of thc ~IaxtEa~or to pcrf~xm, co+t~ply Mtth and abidc h~ tach arn1 c~c•. .^.c
.'.,pnl~tion., .Efeements, cond~t~on. an.1 co~enants o( sard prom~saixy noie ~nd th~< deed, ot e~ttter. an~ e.ery .ucR patim.en~ aA~4; ^c,r
~r.c~~r.: !:•.m ?t ~h~ r~te o! trn 17R'.i Mr ,en~am pc~ annum.
t:! :wchrr .o•ceantcd ~nd asreed by s.~d pa~t~ca ih~t in che e~cne of • smt bc~nr inst~tuted to f.xe.to.- th:. :.•.r[EiRc, ~nc V~•_
~~~cc .ha;t tie cn~~r?cd to apply at any ?ime qendin6 aucA (oreclosure su~t to the court Aav~ns ~ur~sd~ct~on thereo( fw tAe ap~~nlmcn•
s=e:~~~er of att .nd ~~n~utar the iao~tE~Ecd property, and o( all rea~s, incomrs, piof~ts, ~ssues and rt~cnues Mcrcul. [~um ~hat,i.c.r.
~..r.e ~cr,.c, end the~tupan it ~s hercM eap:t.atY ~.»~nanted and a~tetd that the Court sA~il txthM~th appo~nl .uch rc.t»er +:c~
'*r ,,.uai ~.:,.cr. ~nd dutu> o( rr.u~tr. ~n l~kt .~ata. and sa~d appomtment sh~li t+c m;de b~ the iourt a~ a matter of .;nct r,`A!
:.`.c lt•~reRaEc~. ~rtd w rh,w~ !ttrr~rke rc• tht adeqw.> .N ~nade~wcy of the ~alue ot iht propcr~ reby murt~~Eed, ex ~o tAc .~•f.cn..
•r ~r..~~i.e~~• :he \I ~rta~Eix. .x ar.~ other p~rt> dcfon.i~nt to swA swt. The ~I~xt~a~a Aercb) specd~.-all~ a~~~e. tAe r,EAt c~• .h•r,~
:o ~hc •DM»n•mcnt ot • rt.ener a~ a!.xc.a~d anQ h~rcn~ eiptessly .~x~sents th~t su:A •ppw~ntmenr shsli ~e madt ~a ~R aJm~cce.! ssu:t.
+nC . z~a~~c~ .~r •~~.•!uu r,~ht thr ~~nr:p~~e and tha~ Ihe sime may be Joee r~tt+out nohce to th~ ~t~a~or.
1' '•-+r.:,~.~r~ ,•,..red~n~. ~h„uid be ~nshtutcd a~ainst thc p~operty .o.ered Dy this mort~a~t uFun am otAcr I~~rt .la~m +n„r~c•
a`.ir~td :n 'oe .uprr~o. er ~un~a ~o ~he hen o( tMs morcp~e, the Alatp~ee esay ~t h~s opuon ~mmeSu~el~ upun :n,t~tuc~un .u.h .u~;
eK J~r:~s th~ ptn~lenc} ihrreof dtc:arc th~s m~xt~ase •nd rAe ~ndebtedness sccured Rtret~v du~ ar.d p~tiab;r :.>r,hw~:h azd :t;i~
opi:~~n ~u.•.~r.: !..rtclost t~~s mal~a~t.
IEI TAa' ~hc ~Uxt~a~tor +~U krep ali rcal a~d pers~•nat property nor w Acreaftrr encumbered b~ tAe 1~en u( :h~s m~.rt~~~r :n.~:e~ a~ rr~•.
~c rt...~nrd ::~wn :ure :a~ ;i~a tAt tilret~~~ee ?~atnct Sosa b>~ tue. ~md~t;xm ~nC otA[r hats'd~, ~~su~lt~e~ and c~,~::nscr..:r. (~.r .u.!:
pe:,oda •nd ~nr nor iess ~6sa .ucA anouata as ma> be requircd b~ the Nortµjee and tu pay promptl> +hcn duc a!! CffT~LT3 su~n
~nsur~nce_ iAe amounts of mswaMt ~rquved by the Nwt~asee sAat! At tAe m~n~mum ameunts [w ~R~ch ~a~d insw~nce aArli De .r~tten
•nd ~t .hatl n~ .naumbent upon t!~c ~lortra~~x to ma~ntam sucA addnional ~nsutanat ma~ be stce~san tu mee~ ind camply fuity +:tA
a't .o-in•urarut rtyu~rrments conts~nrd m~~id yol~c:e• to lht eeW that the sa~d W.xt~~~ae ~a not ~ co-~n~uror thtreunder.~r+ur~nac
.A•;E e+c +r.iten b~ •.oa?pany or compan~es ~ypro•ed or des~~n~ted by iAe ~fortaa{ee and ali .~ot~.~es and rene.slc !?ereot .h~:; Ae hrlJ
cfc ~I,~~~a~«. ~tt drt~~lcd des~~nat~on. by tAt l{.x~~a~w rh~.lt are accepttd Dy th~ Morr~a~ec and a!1 a~reementa bei.ecn ?lort~a/ni
ind ~1«~~asee rci~t~n~ to ~nau:~ncc, nos e~t~stro~ or h~resltcr m~de, shal: be m onhn~ and sAalf be • pan ot tA~a mortq=e •~reemcns
e~ (u:l> ~hou~~ set (M~h verbst~m Aercm ind ~h~11 ~orern botA p~~t~es hert~o and theu sua.essors and aas~~ns, V~~ I~en u~.n ~nv of
~a~d pohcu. o( ~nsurance a~ upm •ny refu~d or rcturn pre~e+um rhuA say Ae paYablt or. tAe c~nctllNion p tcrmin~nun tAcrtof, ~h~i;
De ~~ren to ot~er ~Aan t~e Alwya~ee. eue~t by p~per end~rrscisent ali~ud w sucA po:~cy and ~pprored Dy Mor~~~~~e. Fa.A pol~~~ „r
~nsurance sMlt A~.~ •if~acd tAertto a Stsn.iud V~r Yw! No~t~~~ee CI~~?st v~thwt Con~nbution, mat~n~ alI los~ to~.e. unJcr -~,h
pohc.r p~Yabl~ tA~ Mw~~a~ee •s tE~ ,ntp«t maY a~tar. In tAe event eny sua o~ •ums o( maNr A~c~Mt y~Ys01c +hcrcund~T iAe tiU,•!_
~a~ce •A•!: A~.c !A. opt~on eo recen~ .nd appl> tAe sa~ae oe scc.~unt o( tAe ~fWeste.lness Aer~b> >ecured. w to p~rm~i tAe 11~r,~~ f..r
!o rece~.e ~n0 uxe .x •ny Q~r~ thercrf. r~tAout thereb~ ra+~m~ a impunn~ •ny eQu~tY. lien, d n~ht under •nd n~ ,irruc o` cA~.
mwi~as~. In e.rot nf ios~ w plfrsiul d~m~sc c~. ~ha moit~:~ed pup~rt~ tl~e 11~xt~~iw s~~ll ~~ve ~mmcd~att n~~t~.c 't+cre~:! -a~!
~Re V..st~a~er ,~W ;ne Nor~Ca{~e mati ^ate pr...d ,.t ,wc .~T:. no+ ~nad~ prumptl• n~ ~Ae ~1urt~~~.x. In C~fDf '.Hf... u'e „
ao~ ly4 1425 ~