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PRt)~'IDE(), ALNAYS. that ~f the ~kxt~asat shall pa~ unto the ~btt~a~et the i~debtcdneaa rv~~encrJ b~ a
certain pranis~y nute w~h~ch the [ollo~~n~ ~n ~otds aad ~i~ures ~s a uue coQy to-w~t:
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3-3~7_5~09__ ~t;,m;. F~«~d~ July 22, ~n 71_
Fl1N YALI~E RECEi~'t:U__~L€ intl,y and severally pron~i~e tu pa~
t~~ tl~~ urd~r o( LEON LAZAR
thr prin.•ipal .um uf ~~e_~ug~1(~Fi yp ]jtin~Q~i=SpvPn~~? Fi ve .:`R.~, togethcr with inte~r~t
thrrrun (cum dat~ at thc rate of trn prrcent, per annum unW matunty, both prineipa! and intetest being pa~~able in law[ul oionry uf
~I~r l:nited titate. at 2'3~3 Ki~ca~n~ Bl~d.. ~liami. Flocida, o~ at such olher place s; the hddcrs hereoi may designatc in writink.
1'rincipa) and inter~ct pa~-able in in~tallments is follu..s:
Fifty-Five ($SS.00) Dollars per month, for sixty (60) consecutive
months, on the lSth day of each and every month, beginning on the
15th day of September, 1971 and ~ontinuing until the 15th day of
September, 1976, at which ti.me the balance shall become due and
payable. .
This note may bt prepa~d ~n whole or ~a part attec one ytu from t6e date hereof upon payment of a penalty equivalcnt
to five percent of the princ~pal sum prepaid.
E~ch imtallment pay~ment ~hall be crrdited f~r_t on the interrst due. and the remaindet on principal; and intere~t ~hall thrrc-
uF?un ceti~r upun the• principal w c:edited. ,
Th~ a~ak~r: and rndoner• uf thu not~ further ~r-e tu .ssivt demand, notice o[ non- ~ ment and protest, and in the event suit
ss
•hall br brought ior the colleciion henuf, or the same ha~ to be colleeted upon demand o an attorney, to pay aasonable attorney'~
~rr~ fur making ~uch collection_
D~f~tred payment• hereunder ~hall beu enten~i at the nte of ten percent per annum [rom maturity until paid.
7'his note is sccured by a mort~+ge oi even datr here..ith and is w be construed and eniorced according to the lawa oI the
~tatr of Florida; upon drfault in tht pa~ment of princiQal antVot inte~est ~hen due, the ~rhde sum of principal and intetest
n•maining unpaid ~hall, at the option of the holdr~s. bcrnme immediatef~ due and payable. ~ ~
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C~ ~ ' :J~ > (SEAL)
~ .--~~~%t~~ ~~'-f=~ SF.AL)
Prepared by ~pieler 6~ Trndrich. Altoraers Sua~-ac Els3_ l~rsi. ~bs~s' T ( ~
~r~d shall perfcxm. comply with and abide b~ eub a~d e.er~ t6e stipulauons, a~reements, corxiitions a~d cuve-
nants of sa~d pnxn~ssor}• nate ud of this deed, thea th~s deed and tbe estate thetebY created shall ccase and be
null and vo~d.
1. The Alottgagor herebc co~•enants and a6rzes-
lal To paY alt .ad s~n~rlar the ~+rmc~pa! aad mierest and ~+hr_ s~s et ~iae~ W)able by ~.itue o[ sa~d promicSptY nute an~! th~s
detd. ~x tuher. promptly on tAe days re~pecn•eh il+e sa~e ~eae:ally becaaes dre_
lbl 7o perm~t, .<rom~t or sufter oo ~aste a~d to saietne tl~c +apro~esc~s at all :~es ii~ a state of ~ood rtpa~r and condmon, sr.d to
i do or perm~t in Fe d~xx to >s~d prt~ists eot6~ Lhat a~li attrr w cha~se t~e n~se s~d c6arac[er o! sa~d prayertY or ~a any waY ~~Pa~r or
I ~taken the se.uruy ot th~s mortsa~e. ano u case oF ~ reiasai. ae~ieei a[ oso~i~r~ oi me sie~c~asor to repa~r aad oainta:n said proper-
! ty, rhe Akxt~aE~e esay, at G~s opt~on. m+ke src6 repaus ar caasc t!e sase to Se ode. and sdrsneriseneY~ ~e ihat behalf.
f (c1 To ~+av •1T and sinEul~r zhe ta~es, asussaA~u_ k.tes. I:abilu~ts, aM oblipteens o( e~ety natnTe oe sad desenped property each
~ and erery ~hen dne and p:Yable ac.ardia~ to 1a~. ~efare Wey deca~ deli~q~ent, aod to Jel~~er to t6e Mat~asee aa or be(ore MarcA
~ ~ceh of each ye..r u• rece~pt. e~idenc~nE the pa)a+eet oi stf LsFoily i~postd tuea f.x tAe preeedim~ c~leedar year, to indemmfy the
Skxtsa~ee up.x~ fiis deieand fa all ts~ec. uus~sewts ae~! ciarses teat s~1 bt assessed rPoo tAu satsate on the ~ndebtcd~es>
cured h[reby, and pa~d by i6c ear~saee. .~tLon~ +c~ard to a~y las Aere[dwe esu~ed or he~caRer to pe epacted ~mposm6 ~aymen~ o:
the rAole or am vrt thereo( upon the ~kxt~a~ee_ ~
Idi To ~+ay all •nd s~nEular the co.ts, ciur6es a~ esprases, wclod~n~ TssTps' fees and aDsuact :os[s reasartabty ~ncurred or pa~c
any t~me M ihe 1kn!Ra~~e becau.e ot tfir fulure .e ~~+e pi~t of ~e V.xtEa~or to prrfa~; cawPl7r rii sad abide by each and ecer~ ~h~
supulatuxis. a~recments. cond~t~uas aad coseeuats of sa~d Oro~?ssu~ note and sAis deed. a e~ther. and e~ery such~payment shal? *rar
~ntc~tst tr~.m date at thc ratc of zcn UO~1 per centua~ per aewrr~.
(c1 It is tu:ther co~enanud a+~6 ageed b~' said furt~es that aa tie euot u( a sn~t De~os ~ast~trted to (oteclos? th._, a.~xt~aEc, the \1•Kt- s
Ea~ee ahall he enn~{ed ta sppiy at a~ t~se peed~a~ src\ fareclos~re s~nt to tbe coYrt Ua~?es lar~sdiepm tAereo( toa tht sppo~n[men'
oi a rece~.er of all and s~a~ulu tae wtss~ed prapert), asd o( slt rests, uco~es, pro(~ts. ~ss~es aed rerenaes tAereot, from rhat,oc.cr
s.wrie den~ed, and ~hereupon ~t ~s hereb~ eipressiY co.eeasted aad a~reed tRat t~s Caut shall iwt6r~t!? appo~nt sucA receiver ~ith
the usual pu~crc and dut~e~ of rece~.ers ~n likt uses. asd sad aopo~atsrat sAall be made Dg We cour~ ss a matter o( ~tnct r~~At i~ }
thc Stnrt~asee. and .t~hout rcterence te tbc ideqwc~ av ~aade~rsrs d tie rslae of ~ae proper~Y hereby m.KC~s~ed. or to thc a.,l~cn.> ~
~ cx insohtnc~ ot che ~I~xtsaEors cx am ot~er past~ defee.laat to sncs sr~t. Tlse ~larctssor heeeb~ specd~uUY ~~~Y~. the n6ht to oh~e.t
~o eht appo~n:ment o( • receiser as a(oress~d and Aerrb} eapresstT ca+stats tLst sre6 appo~et~ent s6s11 be made as an adm~eted eywt>
and a. a mattcr ot abcolute n6hi to We 11cKtpiee aed tIIat t!e sa~e ~ar St do~e ~idwt wute to t?e Yortsasot.
If 1 If (oreclo.ure proc~edmss sAauld be ~eut~tuttd asa~sst tYe pvNt~ty .o~ered b7 chis oottpse upoo any other l~en or cls~m yhcihc•
alle~ed !o be cuper~n or ~ua~oi to tbe l~ce ~at eb~s aoripse, ihc Yert~a~ee ol ac Y~s ay~~a~ w~edu[elY upo~ ~nautuuun of .uch ~u~t •
ix dunns the f+endcncy thereof declare tl:is martss~e aed tbe ~edcbsedaess SKifld At~lbY dYt artd pa}able !.r.tl:::G ~rd ma~
h optton p~oceed to (execlose this mort~i~e.
~ That tAe tiler[sa~rr .i!! teeg al! na! ~ ~ssansl ~T_!Y ~o~ er Aercahe[ eecusbeted by eAe l~en o( ch~s mort~~ie ~nsured a~ m•y
~ be reQwred from hme to ciar by tl~r ~{orua~ee a~aiest ioss bj fue. ~~s2star~ ted ot~er hazards, uswit~es :nd ~oaunEcn~~e~ (ur w.h
~ per~ods a+d tor not less tbae srcA aso~ts as aas ~e rearued s) t~e lioctssste and to Pay proaP[ly 9hen due all pr~miums suc~ ,
~ msurance. TAe aa~w~nts o( ias~rasct reqsved ~s tre tbrtaasee slall be tYe s~~~~ aso~ets ra .e.~a sa~d ~asurance sAall be ~ntten
and ~t ahall be ~ncu~wbene rpon tbe ~/ortsasor to ~a~stam soc~ ada~uooai ~asar~ncr as mas be necessary to meet and comply (ully ~~th
•II co-i~tc~rance requutmeets eo4tauel ~a sai/ oolicses to t?t eri Wt ti~ aa+d i{ort~or is sos s co-~nsuror ehereundtr_Insurance `
~ sha{I bc .ntten b> a caapaay ot co~pssus spro~ed or irsipuud bf eAe llortta~ee asd ~11 pelrc~es sed renerats thereot ~baii be hei~i
~ by tAe ~lat~a6ee. ~I! deta~led des~~sauoec by tbe 1Aortp~a sY~cY are acceoted by ~Re f{ort~aiee aad atl asreaeents Setoeen Mwt~a~or
and 1Aatia~ce relsicn~ to msurance, no~ ea~sLS~ oc lereaf:er aade, s~ait ~e ~a ~r?c~n~ aad sSsll se a psrt o( th~s mort~a~e a~reement
~ as fully as ~hou~F+ set (ath rerba~sa bereia anA s\all so~erw ~otl prt~es 6ereto sed tle~r sYCCessors and ass~~ns. No I~en upon any o(
s~~d pohc~es o( ~nsuru?ce « ~paw arY reirod or eetara ~e~e+ ~i~d ~7 Ye Mrsble oa tl?e cueell~poe or urs~o~hon thereof, sAsll
be pven to other ~Aan ~he bortsaaee. eaceot bj proper e.aorx.e.t aftud w srca pohcr and •~ro.ed or ~lor?p~ee. E~.n Poi~c~ of
inswance shall ha~c affiaed tLere~o a Staadard ~es Yert lbrtpaee Cbsst suiaot Coatr~bYt~m, mkin~ all loss x losses unde: .u~h
Po~~~Y D+Y+bte to tAe Mort~a,ee as ~ts ~e~ncst aay sMe~r, h tre e*eat a~7 sr or sn~s o( ~oneY Oecawe aYable cheteunder the 11ort-
sa~ee shall have~the o~twe t~ rece~.e and appt> :ie iaae o~ acco~wt ot tae u/tbtedness AereSY stcYred, or to perm~t the ~Iort~aRor t
~o rece~re ~nd use ii, a aey par~ d+ereof. r~tl+oo~ ~erebj ¦a~s.~ ~~~paine~ ssY eqn~tl. I~ea, or n~At under and by v~rtut ~f th~. ~
mort~ase. In evea! a! :oss ~~}sxsi ds~s;r ~.:s:ir =r l~:~or sAall pre ireedute not~cc tAcrcof by ~a~l t„ f
` ihe ~laiq~ee and ~Ae 4{ortEaEce ieaY ~'~kt ~o,`. o.` :css ":c ~a-c no~ :ade prua:7cly br the Nat~a~or. tn eticnt !Mt~I~~4lt ~t
. 600K PACE~~
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