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HomeMy WebLinkAbout2009 PROVInf~n, AI.WAYS, that if the ~1~~rtgugur shall pa>~ unto the \lurtgagtc the indeb~cdness eviJenced by a certain pramissory note ~~f which th~ following in v?•urds and figurrs ~s a true c~~py t~~-wit: ' ~1lGd~t;~a.g~ ~j.ate 3 5550.00_~ _ M11iam~, Fiorid~_ August 28 ~q 71 ~ $ fOR ~'ALUE RECE:I~~ED_ We, 3o~n~ly and severally promise to p{~• tu thc urdcr of _ ABRAHAM WEIN~F1..,~ AND C~~~ d d~r~r~~ - the p~i~~cipal .u~» o~ Five Thousand Five Hun re t~1 8R O Ol.l.ARS, together with intetr:t ~thrreun frotn date at the ratr o[ lrn percrnt, per am?um until maturit~, both principa) and interest being payable in law[ul monr~~ u( 'th~ l~nited 5talea at '.'.'.'.~N Bi+cayne Qhd., ~liami, Florida, o~ at such other place as the holdeca hereof may designate in writing. ~rincipal and interc~t payable in instalim~ot~ as follows: One Hundred ($100.00) Dollars per month, for sixty (60) consecutive months on the 15th day of each and every month, beginning on the 15th day of October, 1971, and continuing until the 15th day of October, 1976, at which time the balance shall become due and payable. This note may be prepaid in v?~hule or in part a[ter one year from the dat: heteof upon payment of a pe~alty equivalent ~u five percent of the principal surt~ prepaid. E~ch in~tallment payment shall be crcdited fint on the interest due, and the remainder on pri~cipal; and interest shall thrn•- upon ceasr upun the principal :o crrdited. . The makers and rndot~rtn of tl~is note further agree to waive demand, ~otice of non-payment and Protest, and in the event ~uit .i?~II be brought tor the collection hereo[, or the samc has to be collected upon demand of an attorney, to pay reasonable attorney'~ frr~ [ur making such collection. _ De(erred payment~ her~und~r shail bear interest at the rate oE ten percent per annum from maturity until paid. 7~is not~ is securcd by a mortgag~ of ev~n date herewith and is to be construed and enforeed according to the IaMS of t ~tat~ of Florida; upon d~fault i~ the pa}•ment of principa! and/or interest when due, the whole aum of pnncipal and interest rcmaining unpaid shatl, at the option of the holde~, become immediately due and payable. ; . j'T .t~-~~ (SEAL) , , ~ ~ ~ / ~ _(SEAL) Prcpar~d by Spieler ~ Tendrich, AHomeys - 224U Biecayne Bl~d., Miami, ( a ~ ar~d shall per(~~rm, cumpl}• w~th and abide b~••each and ever~~ the sUpulauons, agreements, conditions and cove- nants uf said prum?ssor~~ note and of this deed, then th~s deed and the estate thereb}~ created shall cease and be null and ~~oid. ~ 1. The hlortgagor hereby co~•enants and agree~: • (al To pa) all snd strtsular the {x~nc~pal and ~ntere.t end othe~ sum~ of money pa>abte hy vu~ue o( sa~d prwmssory note and th~s dee3, cx euher. ~uwnpUy on thr d+ya resperti~ely thc .amc sr~crally hecome+due. ! (b) To perm~t, .~nm~t ur ~uf(et no raste a~1 tu main:am the empro~rmenrs a! all t~mcs ~n a state o4 good repau and eondiuon, and to ; do or permrt to he done as sa~d premues nothinE that w~ll alter or rhanse the ~se and character o( sa~d property ot m any way impur ot ~ ~eaken tl~e cecuntp of this m~tsa~e. And ~o case o~ chc retu.al, neglect or ~n~b~l~ty of the Atort6agor to repa~r and mamta~n sasd ptoper- ~ ty, the ~1ort~aEee may, at his opt~on, make su~h rcps~r~ :a .au~c thc samr cu be madc, and ad~'ance moneys ~n thst behalt. t ~ (c) To pay all and s~n~ular the ~axes. asse+sments, lr~'~es, lubiht~ec, and uDl~eat~ons of every nature on sa~d described property uch ~ ~ and every ~hen due and papablt accordms to larr, ~el~xe they become del~nQuc..t, and to del~ver to 1he Morl~atet on a betore March ( ~ lSth of tacA year ta¦ rt:eipt, evidenc~n6 the pa>ment of all lawtull~ imposed taxes iur the prec~dins calendar year, to indemnily t6e ~ ~1at6a~ee u~+on his d!m~nd (or all taaes, a+ses~ments and charges ~hat may be assessed upon th~s mort~ase on the ~ndebtedness s~- ~ ~ cured he~eby, and pa~d br the m~xt~aae~, r~thou~ regard ~o any liw heteto(ute e~acted ur heceafur tu be enscted ?mposins payment ot the whole w anv ~art therc~~f upon the AlurtgaEee. ~ (d) To pa)' all and s~nEular thc c.~+[~, rhargts and riprn.es, includ:ng laryer~' fres and abstract costs reasonably mcurred ~+r paid at any umt hy the ~1.KtgaEee beraunr of thc fi~lure on the part o( thr ~IJ[l~LdgUi tu prrlorm, ~omply r•~th and abide by each and every the s[~pufat~ons, agrcemenu. cond~s~.~n. and :~~~enants o( .e~3 pr~~m~ss~.r> notc and tAi. derJ, x ~ither, ar.d e~ery sucR'payment shall bear ~ntercst (tom date at the rate of ten 11t1 p~'r :eotum pe~ annum. (e) It ts turther coven~nted and asreed by sa~d parue+ that ~n thc e•~ent of a swt be~eE mshtute.i to foteclose th~s moct~a~e, lhe llort- i p~ee shall bt enutled to apply at any t~me pen6~n~ sucA furc~lorurc ~uit to thc :ourt hav~na ~w~sd~ttton tAereo( ta the appo~atmen~ of a rcce~~er of all and c~n~utL~ the mo~tgagcd propett3, and of all rcot., 3nc~xn~s, prof~ts, S~54t5 and revenues thereof, from Mhatsoever source denv~d, and thereupon st ~s herrhy eRMessl~ :ovcnanr~d and agreed that ehe C~,urt shs11 fixthr~th appotnt such rece~ver wuh ihe uswl powers snd dui~es o( rece~veri in like cases. and xa~d appointment sh~ll be madc ihe court as a matter ot stnet r~~At to ~ the Nott~a~ee, and r~thout relerence tn the adequa.) :~r ~n~deqwcy ot che ~aluc of the .~roperty hereby mortaa~ed, or to the solvency ~ or ~nsolvency o( the ~lors~a~«. or any ntAer paet~ d~fendant to .u~h .u~t. The \toreg~sor nereb~ sp~c~(~cally Maives the r~sAt to ob~ect ' to the appo~ntmtnt o( a rece~~ec a. afa~c.a~d and hcreb> ~aprc+.h .~•n~rnts tha~ wrh appuentmrnt ~Aa11 be madt as an admuted eqwty and as a matter of abso{ute r~6ht tc. thc S1o:tgaEec ~nJ tn~t Ihc ..a~r.e may n~ Jone witho~t noti.c t~.+ thc ~tu~t`a~o~. ~ {O if fexeclosure pr~.ceto~nss .huuld be ~n~htu!ed a~a~nse the pruperty ~.~.cred n> th~a mo~tga6e ~pon any oth~r lirn a claim ~hether alle~ed to be >upenor or ~un~or tu ~he I~en nf this mu:~~agr, ~h~ \1~~r;~t.~gc~ ma) ae h~s .~pu.,n immedut~ly upon ~n.t~tuuon ot such su~t ~ ~ ot dunns the pendency thereof declare !A~s mnrtKaEr r~d the indet~t~dn~ss ,e.urcd hecehy duc and p~yable ~~xshr~~h and may s[ ~ts ~ k` opt~on proceed eo fareclose this mortsa~e. ' (~l 7hat the Alurtsa~a. r~ll teep all real and pcrsonal Dr.~perry nnr ~K he~e~fcer ~n.umn<«a n. ~n~ I~cn nf :h~~ mort~~~e msuted as may ; ~ i be reqwred (ran t~me to tsme by thc ~lurtjaYec a~a~nst tusc by~ (itc, ~+~nJ.~~Hm •nd u~her h~i~:d+, .~swit~cs •nd contm~enc~c~ (ur such ~ periods and ta not less than su~h emoun~s u ma> be ~eyuored h~ ~hc ~tor~~a~ec end iu p~y promp:i> wh~~ dur all ~uemeums f~x sueh ~ insuranct. The amoun[s of ~nswan.e raqwred b)' thc ~1urtKrgcc >hell ~c the m~n~mum ac~~~unt. fo~ +~ich ~~±d in~wan.t shall bc +r~uen ; ~ . and ~t shall be mcumbent upon thc Nortaag~x to ma~Main ~u.b add~u~u~ai ~n~utancc ma~' Ae nc.t~su1 tu meet and comply (ully +~th s ~ atl co-~nsurance reQwrements c~~nta~ned in tiud ~d~c~e~ to the end ~hat ~ht .a3d \I.xtg~e.K s. nnt a c~~-~n+uror the~eunder.lnsurance ~ ~hall be +ntten by a company or ~ompan~c. •ppa.~•rd ur .Se.~gna~ed by ehc ~for~YaSee •nd a!i poli~~ec and ren~r~l• the~eo( tiAall he htlJ € by the Mo~t~atre. All deta~led dcs~~nat~cxi. by the ~lortraxor .~~ch are a.cc~ted by thc At~~~t~s~tte and all aarcements bet~een Mortp~or ~ and Mort~a~ee rtl~hn~ to insuran~r, nu~ eauun~ .~r he:caftcr madr, .h~ll he m~ntin~ ~nd ~hall be • p~rt uf Ih~s m~xt~a~e a~rtement ~ as lully as thou~A ~et (onA vethaum hert~n and shali gn~crn hutR p~rhe. he~ca~ and tAesr ~u:te..r~~r~ ~nd as~~sna. No I~en upon •ny of ti~~d pol~c~ea of m~ur~nce or upuo anV rc(und or rcturn premium rh~ih may Ac parablt un t~e ~ancellsUon nr tcim~n~~~on tAeteol, sAall bt ~~ven to o~hc~ than the Mort~agcc. cx.tpt hy prup~t tnd~.i~~mer.t •(f~~rd to .u.h po1~.: •nd ~ppru~•ed by ~lort~~~ee. F:ach ~x~li.y ~nsu~ance shsll ha~e ~((~xed therctn a St~ndud ~iew y'~~rk \1~~rt~a~ee ('I~u~~ a~t~uu~ luninhu~~on, mak~n~ all lo~s eu lo~sec under ~u.A pol~cy paya~lr to the Morlja~ee it± ~nt~rc.~ m~y appear. In the event an~ .um or .um. nt mone> bec~wne pry~hle thereunde~ the \lort- sa~ee sA~l! h~~e IAe opt~on tu recciwr anJ ~ppl~ tht >ame c~n ycc.~unt u! ~hr ~ndrAtedne~~ hrreb~ .eiurcd, nt tn perm~t the ~Inr1`ap~~~ to re~e~ve and use u. ~x any p~rt thcreo!, w~~hoW ~h~irny ,.,~~~n~ ~H :rnp~i~~nR ~n} e~u~Iy, I~en, ur r~~A[ undcr ud Av ~utue ot th~. nart~a~e. (n evcM ~,f tu~~ ~x phy~~ el d~maR~ tAe murtR~R~d prnp~rri tA~ V~~rtX~Ruf ~hall Rfve irtuncJute nu~i.c IAcrcu( b~ ^~~,I t~~ ~ lh! Mort~a~rt ~n.1 ~hc \Iu~tR~~cr m~~ m~k~ pr.,~~t ,.1 , ch< ..mc n.~, ,.:q~Jtp~r~.yt[lyf+~~rr(~t~~t~n c~:nt ~d tutt.i,~•urc o( 6 0 95 ~ i~ ¦ , u~ ~.rvv : _ I = - _ . . u . _ . . _