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PROVlOE[1, ALWAYS, that if the ~iott~ajot shall pay unto the \b~tsasee the i~debted~ess tv~denc~d by a
ce~ta~n pcan~ssay note of which the tollowin~ in wads and fi~ures ti a true copy to-w~t:
~4ZZ~C I~OrG
; 47 SO . QO Miami, Flo~da June 17 ~ 19_Z1_
~OR V4LUE RECEIYED We, ~ointly and severally pcom;x io p,r
to ehe order ot MELVIN LIEBERMAN
the ~incipal wm af dr d Fift NO 100 ppLl.ARS. together with i~terc+t
the o[tom date at the ~ate o! ten petcent, pet annum until maturity, both principsi and interest beir~ payable in law[ul monry uf
~he~lnited ~tates at L~ Biscayne Blvd., ~tiami. Florida. a~ at sach other place as the holders hereo( rn~y designate in w~ting.
Pnncipal and interest payable in ir~stallments as Eollowa: .
Sixty-Five ($65.00) Dollars per month for sixty (60) consecutive
months, on the 15th day of each and ~very month, beginning on the
15th day of August, 1971 and continuing until the 15th day of
August, 1976, at which time the balance shall become due and
payable.
This note may ~ prepaid in whole or in part after one yeu from the date hereof upon payment of a penatty equivalent
to five petcent of the principal sum ptepaid.
E~ch installment payment shall be c~edited Crst on the intecest due. and the remainde~ or~ principal; and interest shall thrrr-
upon rease upon the principal so credited.
The make~ and c~dorsr~ of this note further agree to waive demand, notice of non•payment and protest, and in the event suit
~I~all be brought tor the collection heaot, or the same hss to be cdlceted upc?n demand ot an zttorney, to pay reasonable attorney's
f~r: [or making such cdlection_
Drferred pavmen~~ hereunder shall bear irtterest at the rate of te~ perceat per an~um from matu~ty until paid.
This note is secured by a mortgage~ of even date herewith and is to be construed and enforced according to the laws the -
~t e of Fforida- upon deiault ie the payment oE principd a~dlor intaest Mrhen due. the whde w~m of pnncipal and i~ reat
K inin6 unpaid shatl, at the option of the holdeia. become immediatclp doe ard pa aNe. ~
.C ~ ~ ~CL ~-t-+-~' (SEAL)
•C• X~ ~~-r_. -~i.~ (SEAL)
Repared by ~piekr d Tendrich. Attarnepa - 2240 Bi~tayne Blyd.. Miuni. F -
arKi shalf perform, comply w~th and abida b~~ each and e~ety the stipulations, aareements, conditions and cuve-
namts of said promissory note and oi this deed, then this deed and the estate thereby created shall cease and be ~
nuU and vo~d.
1. The Mortsaaor hereby covenar.ts and aarees:
C (a) To p~y all aed ~~nsulu the ~r~nc~pal and muros~ snd other suos o( monsy D~Y~ble by r~rtue ot sa~d prom~ssory nott an1 ~A~s
deed, er eitAer, promptlr oe~ ~ht days respte~~rtfy the same se~e~ally btcomt3 due.
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j (b) To pe~m~t, casa~i w su(ter na raste and to ma~nc~~n ?he ~mp~oresents at aU Umes in a stale ot ~ood ~epa~r and cond~uon, snd to
f do a pcrmu to be done ~o s~id pree~ses noth~ns that r.~ll aSur a c6aa~e tAe use +ad chuacter ot sa~d pcoperty o~ ~o any .ay ~mpa~r or
~eatew tfie seciu~ty ~f th~s iao«sa~e. ~nd in ~~~e o( the refusal, ne~lect a in~b~lity d tAe l~Mrtp~or to repa~r and ma~ntacn s~id proper-
ty, the ~lortsa~ee m~Y. ~t bis opuon. ¢ake such tepans or cause the ssme to be ~ade, aad sdr~nce moners ~n that behalt.
(c) To aay all aod s~nsulu the taaes. •ssessmeots. Itvies, liabil~ties, aiM obli~ations ot everY eature on said descr~bed ptoperty each
and every ~hen due•snd psyable accordin~ to lar, before ther becoa~e del~p~et, and to deli~e~ io We blar4~~ee on or Ae(ae NarcA
1StA of e~tA year tax teceipts er~dene~n~ the payisen~ of ~11 I~rfullY ~~scd taaes (at tAe prtesd~~ c~leadu Yeat: to ~mlemn~(y tAe
IU~rt~t`ee rpoe Ais dcmand fa al! aae~, asses~aien?s and cfiar~es that erY bt ~ssessed upon tAis mort~ase oa the ~ndebtedneas a•-
etirtd ecrely. and ps~d by t6e e+atpsee. fitAort re~ard to anr 1~~ herototat epacted ot Aertdter to be eaatted ~mpoam~ ~ayment oi
che ~Aole ar ~sy tirt thercot upae tAe 11ottE~~es. -
idl To p~y all snd a+n{ular tht cos~s, char~es artd expensts, ieclud~n~ lt~ryets' fees and asstr~ct costs rcasmably ~ncuned or p~id at
any t,~e by tAe AfortRa~ee because of the tailure on ~he part o( tAe 1Mx[~a~or to perlotm. compty ~~~h and ab~de by each and every ~ht
shpulat~ons. s~temen~s, cond~~ion~ and covenants ot sa~d promisso~y nott and th~s deed, or e~tAer, and e.ery such'p~ymen~.s6a11 bear
~etcrest (roa date at the rate of ter. 11051 per ctotuw per enaum. ~
(el It ~s frrthet corenanted and s~treed by sa~0 puues tRat in t6e even~ ot ~ su~t be~aE ~nslrtuted to (oreclose ehls m«t~~~e, the Nor~-
sa~cr sAill be entitled to ~pply •t ¦ny tiwe pendin~ such fa~eclosure suit to tAe cours hs~ins jutudiction Uereot (a the sppo~a~sent
of ~ receirer d~11 aad sinplsr tAe sat~a~ed propetty, and ot ~II rtnts. ~ncoses. ~ofits. ~ssues ~ad revenues tAereof. (ro~ sAatsoever
aauce derired: aad therc~pon ~t hereby eapresslr coreauucd •ed a~reed tAat el~e Lour~ sball fo~ch.ith ~ppo~A~ sucA rece?vcr .~iA
tMe nswl parers and duues rf rece~vers ~n lite c~ses: ~ed s~~d aDpoimtinent sh~ll be sedt by the cowt ~s a ma~ter of strict ri~At ~o
Ue Mort~a~er. and ~itAou( re(erence ~o tAe ~deqwer or insdeqoaer o( the r~lae ot ede.propenr Aerebr s«~p~ed. oc to the solrencY -
or ~nsol~encY of ihe Mort~s~as or any otl+er party de(eedant to such s~it. The M«~~~or-he~tqy ipec~tlcally ~a~res tRe r~~ht ~o ob~ec~
10 UIQ ~~OIACOtQt O~ e rcceirw is afaess~d •nd hetebr eaprtsslr consenu that sucA •ppomtsent shall be sade •s an admc~ted eqm~y .
•M ~s a oatter o( ~b.oluec ri~h~ ~o ~he Mat~a~ee and tAst tAt same maY be dume rntAout notice to the Norts~~or. ~
Jf foreclosuce p~oceedin~s should be ~natitu'ed •{~~nst tAe property covered Sy 16~s eottp{t upoa aoy o~~er lien or cla~m ~hether
s?le~ed to be saperior ot juaiar to the lie~ of tAis ~at{a~e. the Mort~~~ee mar ~t 6is op~ioa ~aiaed~~tety upon ~~suwe~cn ot such su~i
at durm~ tbe pendeacr dureot decLre tAis mwt~~se and the iade0tedness stcired Aereby due •nd pay~ele (atA~~~hand a~ay at ~:s
opUOn procsed ~o forecloae Uus ~at~a~e.
(t) T6at the Ma~iala R~ll kee0 all resl •nd personal propcrtr awr a 6eteaftec encumbered Dy the lun o! tAis a~xt~ase insurcd as m~y
be required froo t~o~e to ti~e by the AAor~sa{ee a4unst ioss by (~re, ~nedstocm and other Aasards, caswl~~es and contm~enc~es fer .uch
oeriod~ ~nd (a not lesa 1ba• arcA aeoYnts •s ~ay be tequued Sr tAe Monp~ee •nd ~o paY pr~apUy .hcn dre alI prem~ums tor sucA
~nswanee. TAe ~~nu of ~as~r~oct reqwted br t6e ~lo~c~s~ec sAall pe t!e s~a~~urs uaount~ for r6~cA s~~d ~nsur~nce sA~ll be .ruten
aad iL :hsl: Ds :a=u~hea! upen tht Rlortsasc~t tr t*~ine~in ~~KA •dd~t~oe~l ~n~ur~nce ss ~+ar be neeess~rr to meet snd coe~ply iully .uh
•11 co-inaur~ece rtqnirasents conts~ned in ~aid ool~cits to tl~t ead Wt tlw i~id ?fartpsot u nw a co-~esYrot thereuuder.lnsuraace
sAsll ee ~rntteo br • cosp~sy or caspaoies aaprared a de~~~n~ted br tAe Mort~s~ee snd ~I! pol~c~es and reoer~ls ihercof x~al! be he1J
br We Mdt~a~tt. All detsiled des~~nat~ms by tbe M~M~a{o~ ~rh~cA are ~ccepted br tAe Mort{a~tc ind alI ytttOleAts Otirttfl Motl~a~Of
and Alory~~ee rel~t~n~ to iniunnce, aor etistins o~ hereafttr a~de, shall be in rr~tms and sb~ll be s p~tt o( ~h~s mortp{e sareewen~
ar (ully •s thw~h set forth rerbat~as hete~n and shall ~oretn botA put~es hereto ~nd ~6eu srccessors sod ass~~as. No I~en upon any o( j
•dd Policies of ~nsw~nce a ~pan anr refund or ret~rn pes~~a ~h~c6 ~aay be Par~ble on tAe c~ncellahoa or tern~n~t~on thereof, sAs:l •
be {~ren to aAe~ ~ban the I~Io~tp~ee. eacep[ br proper endo.sesent dfiaed to s~c6 po7~cy ~nd ~pprmred bY Mortts~ee. EacA ool~cy o(
~as~r~ece ~Y~II Aare ~ffi:ed tdere:o • Staodud Ider York Mortsa~ee Cl~~se ~r~Nout Conttib~uon, aukin~ ~11 los~ or losses und~r sacA
p1~cr pay~bie ~o the Mortpate ss i:s inu~est may apOsar. (o tAt ersel say sus w su~s o( money becowe say~ble ~Aerew~der iAe Nwt-
~a~k shall ksve ~he op[ion to rece~re ~nd sp01Y tAt i~~c on accoYnt ot Uu ~ndebtedness Aeupy secured. ot to perm~t ihe ~1ort~aEor
to recei~e and_use d. ot •nr p~rt thtreof, w~ithou~ tAerebr taiv~q~ or i~a?nn~ aay equ~ty. lien. or n~ht under an~ by rutue o( th~.
watfaje. Iw eren! of Iws w phrs~c~l dsause to ~Ae morc~a~ed propertY the Morl~aset-~h~ll ~irt ueroed~~te eol~ce thertof Dy Ta~) c•.
• the Martj~~ee and ~he 1Aonaasce may mske ra: ~r 6o~s ~he ~ame ic no: made prompllv b> ihe \ton~aja. In erent ot ~Mflln.utt
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