The URL can be used to link to this page

Home My WebLink About2392 PROVIDEn, ALWAYS, thai if the Mort`a~a shall pay unto the Mott=asee the indebtedness evide~ced by a ~ certain promissory note of which the fallowins in words and fi~ures is s we copy to-wit: ~ ~4~'~~ ~4~ S.-~SQ.~~S~ _ ~tiami. Florida-_~p,~L'ibQ,~_ 11 15~.3.___ FuR VA l~t: REC.E:I\'EU Wg ~~~y~_~evera i tu th~ urJrr u[ ~P~N ptumut tu pa~ thr p~incipat .um of TWO Thousand Fift and no 100 ~ ~ ' DOI.LARS, togethet with inte~r.t F thrrr~.n ftuin date at thr rate of trn p~rrent, per annum u~W maturity, both principal and interest being payable in I~w[ul monry uf ~lir l!nited ~tatrs at ~3~ $i.,caynr Bltid., 1liami, Florid:, ot at such olhe~ place ss the hdders hcrco( may designate in writinK. P~incipal and interect payable in installme~ts as [ollows: ~ Fifty-Five ($55•00) Dollars per month, beginning on the 15th day of November, 19?1, and continuing on the lsth d~y of each and every month thereafter,until paid in full. , . + This note may be prepaid in whole or in part a[ter one year from the date hereof upon payme~t o[ a penalty equivalent tu five percent of the principal sum ptepaid. Each +n•tallment payment .hall be credited first on the interest due. and the remainder on pcincipai; and inteteat shall thrrr- upon ceasr upon thr principa) ~o crrdited. The makers and rndorser~ o[ thi~ note [u~ther agrce to waitie demand, notice of non-payment and pwtest. and in the event suit ~ •I~ail br brought [or the eoliection hereof, or the same has to be eollected upon demand of a~ attorney, to pay c~e:sonable attorne~ s ~ Irr. fur making such roll~ction. ' Deferred payment~ hereunde~ shall bear intcrcst at the nte o[ ten percent per annum from maturit~• until paid. 7~is note is securcd by a mort~age ~ of nen dat~ herewith and is to be construed and enfo~eced according to the laws of the ~ 5tat~ of Florida; upon drfault in the payment of principal andlor interest ~rfien due, the whde bvm af principd and interest rrmaining oepaid sha11, at ihe option of th~ holders, become imme ' tely du ~a wr=wt_ ~ f ~'~~i ~ ~ s 1 's.:.r: _.c~ ..~t~,. ' ' / i' P?epared by ~pieler dc Tendrich. Attomeya - 22~0 Bnayne ~rd_, yliam~ lo~di -ry~~ ~{i o:-~-f4s ~$FAj.) J and shall perform, comply w~th and abide by each and every the stipulations, aareeme~ts~ conditions and cove- nants of said promissory note and of this d~ed. then this deed aed th~ estate thertby created shall cease and bz null and void. 1. The Mortaagor hereby covenants and aarees: (s) To pay all and s?n~ulu the pnnc~pal aad ioterest and other swes ot ooney payable by virtut of s~~d ptomissoty oott and thia deed, or eitAer, promptly on tAe days re~pectively tLe sawe aeveratly Aecoaes due. lb) To permit, caamit a sufter no ~raste a!~d to ina~ntain tde ~mptovesents at sll tures ie a state o( ~ood repa~r and coaditioo. aad to do or permit to be dont to said ptemttes notAi~ that rill alter or chan~e the ase aud e6uacter ot said propetty or in aay vray ispair ot weaken the security of this mortp~e. And ~a caae of t6e refusal, ne~ltet a ieabilitr ot tYe Yort~~~or to ~ep~ir snd ~aiataia said ptoper- ty, the Mortp~ee msy, at his opuon, ~aate such repairs ar causc cbe sa~e to be sade, and advasce ~oscya in tLat beAslt. ' ~ (c) To pay all and sinsulu d+e aaes, assessoents, te~ics, tisb~l~ties, aad obtiptioas ot ewery nat~ee a? ssid descubed property each aod evcrr rben due ~nd psysble ~ccadios to t~wr, betore tAeY becowe delia~..i, ~sd w deliva to t6e Mo~l~atee a~ or betore ?1arcA 15tA ot each year taa reuipts erideeeia~ tbe o,r~~~~ ot au ~..reuy ..po:ea ~uss r«.~ a~ea.ss ~.te.e.r r~.r: to inde~oify We Mort~~~ee upoa his deA~od for all taaes, usessmeots aod charses thst sar be assesstd upoo tsis ~ayase oa ~he iedeptedeess a.- curcd hereby, and ~+aid by tAe mort~a~ee, rithout resard to aey la~ 6eretotae ee~cied Q IlttCa~!!t t0 A! MaCICd IeOQf~pj ~yOtp[ OI the vhole or aay •vn tAereot upae We Ilortsasee. (dl To p~y all and sin~ulu the costs, cAar~es and eapenses. inelndi~s I~~rpus• fets aed aE~strict eosts reasonablr iecarted ~ paid ae any tiroe by thc Matp~ee becsuse ot tDe failmt m the p~rt o! tAt llortt~sor to pertota, cosply ~~th snd ab~de by eacA snd erery tht supulat~ons~ a{reemenis, condiuons aad covenants ot s~id pramisaay note and th~s deed. or eithet. sod every sucA'paymeet shall be~r ~nttrest trom date at the r~te of tee (10"A~) per centum per annum. ~ (el It is further eoven~eted ~nd a~reed by said part~es t6at in tAe event of s swt Eein~ institated to toreclose tb~s ~eott~e, tAe Mat. tasee sball be entitlcd to apply at aey ti~e peodia~ such (oreclosure suit to the court Aa~ins jwisdict~ae t6ercot (or We appo~atwem of a tecerver ot all and sin~ular the aortp{ed property, and of atl reats, ineoaes, p~o~its. issues aad reveques [hereot, tcos thatsoever ' source detived; and thereupoo it is hereby taptesslr co~ea~nted aed a~teed tAat tk Cavt sbsll tatA~it? appoist sucA recei~er ~~tA the wu~l pwrera and dut~es of receivers in like cues; and aaid a~e?~otaeet s?all be ~sde bY tke coutt as ~ s~tter o( strict ri~Lt eo Ne 1~lortja~ee, and vithout retereoce to the sdeqwcy or inadtquacr ot ~e value ot ~e proper~y 6erebr ~sor~p~ed. ar to cAe sotrency or ~nsolreney of the Mort~a~as ar arty other party delendant to such suit. 7be llort{ajor 6ereby spec~fic~lly w~aires the ri~bt to ob~ect to the ~ppointmeet of a receirer ~s a(oress~d aad hereDy eapres~ly conseats tbat snch appo~atseM sAall be ~ade as ~a ade~tted equuy •nd as a matter ot absolute n~At to the Mo~tp~ee snd that tbe sase my be doae r~thoYt notice to the Mortaasor, (f) If toreclosure ptoceedipp should be inati[uted as~imt the prooerty corered Sy this ~ort~~e apoa asy oMer t~en or cl~~m rbetAer alle~ed to be superior or jmior to the liea o( this aeortsaae, the Mort~asee aar at Ais opuae ~s~sed~ately upoe ~nstituhm o( such su~t or durin~ tAe pendency Wereot declare tAis mortsa~e aad the iadebtcdness sec~red Ae~eAy due and pay~ble forth~l~h and sur at ~ts option ptoceed to foroclwe this aort~a~e. That the Ulortaa~a vil) keep sll real and personal ptoperty ea~r ot 8etealter eecursbered by tht I~ea o/ this ~ortsase ~nswed ss may be required (rom timr to tiee by tbe Mortsasee a~ainst loss by (ue, r~sdstara~ aad otAtr 6asards, c~swlUes and contmaeacies (or such penods and ior nol Icss thaa sucA aooants as mar be reQuued br the lMortp~ee ~ad to pay pro~ptly ~rAtn due all prem~ums (or such ~nsur~nee. The amouota of inaur~ace reQnued by the Olortsa~ee s6e11 be t6e w~a~au~ asounts Jor r~uh s~~d ~asurance shall be ~ntten aad it sh~ll be iecusbeat upon the Mort~a~or to M~nuia snch add~uoaal issuraoee as yY be necessary to ~eet and coeeply f~lly ~~th all co-insurance require~ents cont~uud ~e said policies to the esd tiat tAe said Mortpsot is aot a co-iasuror ~beteunder.tnsurance shall be w~ntten ~y ~ comp~ny or campaniea aparored or desisnated by the lbr[~asee aad all pol~c~es snd reoerra(s tAereot sAa11 be held by U~e Irlwtq~ee. All detailed dcsi~~ioos br-the Yort~stor vh~ch ue accepted sy tbe Mort~asEe aed all qteeecnb be?.rece MortN~or artd Mortsa~et ~el~tins to insuranee. amii etistins or beresf[er saQe. sAall be in .rituo~ snd sb~il be • part of tAis isarep~e asrees~ent as fully as thoutA set fath rerbaua? bere~n aad sMll jorem both parties bereto aad tbeir snccessors ~sd ass~~ns, No I~en upoe any of said policiea ot insurance or upae aay retuiW a~ retwn prem~um r6icA say t?e o.r•e~e w Hie casctllatioe a teraieauon thereof, sh~ll bt ~iven to other thsn tbt h/oct~asee, eicept by ptopet endorseseat ~ffiaed to s~ch pol~cy and apOrored br ~~~~jee, EacA pol~cy of insut~nce shall have a((iaed theceto a Stsedud Nev Yak Mwt~a~ee Clanse r~tl~ont Coeu~but~m, ptin~ ~11 loss or losses under sucA policy payabie to ~Ae lMort~a~ee as ~ts ~o~erest auy appear. !n t~e ereat ~ay sws or sw~s ot aw~er Aecowe ~y~ble tferewder ihe Nort- ,~a~ee s~atl have tAe opt~on to rece~ye and •pply tbe ss~e oo accoant o! t6e ~adebtedaess Derebj secured, a to penoit tAe ~1ort~a~or to receitie ard ust ~t, a any part the~eo(, ritboat thereby raivin~ a ~mpauin~ ~ar e~itY. liee, ot n/ht under aqd by vutYe o( th~~ ewrtsa{e. In erent o( loss or physic~l d~mase to the sort~a~ed property tAe AAortpsot s6s11 {~ve immed~ate aotue thereof 6y rra~t tu the Mort~a~ee and the Alatl~a~ee enaY ~kt proo! ~f loss it the ssme ~s not msdt promptly by the lNortaa~ar. In event of tore~lo.ure of ao~~ 1~~J Fa~~ . ~6ffiR'~'~=c"" ~cr~:LC . _ . _ 3»= , s ~a~~~ .