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PROVIDEfI, ALWAYS, that if the Mortaa~or shall pay unto the Mott~a~ee the indebtedness evidenced by s
certa~n promissay note of which the fotfowin~ in wotdt tad C~ures is a true copy to-w~it:
~~L4~JW?ri~~C ` i
S 2_,_QSO. ~0 rf~~~, Florida December 4, 19 71
FOR YALI~E: RECFI~'ED_ We ~ jointly and severally p~omiae eo pay
~ t~~ ch~ order ot __E~T EI~R G.~ RU$LN -
th~ p~incipai .um oi _~~~OLS nd Nire~.~undred Fif~.y~nd no/ 100 [N)I.LARS, toRether with int~re~t
~hrreun (tom date at the rate of ten pe~rcent, per annum u~til maturiq•, both principal a~d intec~t being payable in law(ul monc~~ uf
th~ l niled ~tate. at '.'._a~ Bi.ua~•ne Bl~d., ~liami, Flo~da, or at euch otl~e~ place u the holders hereof may designate in writinR.
~ I'rincipal and interc~t payable in installmentr~ as (ollows:
~ Sixt ($60.00) Dollars per month, beginning on the 15th day of k
~ y
I February, 1972, and continuing on the ISth day of each and every
month thereafter until paid in full.
This note may be prepaid in whole or in part a(ter one yeu from the date hereo[ upon payment of a penalty equivslent
io f~ve percent of the principal sum prepaid.
Each in~tallmcnt payment ~hal) be crcdited first on the int~rcst due, and the rrmainde~ on principal; and interrst shal) thrrr-
uF?on ce~•c upun the pnncipal cr~dited.
The mak~~ and rndorxn of this note further a{etee to waive demand, notice oi non•payment and protest, and in the tvent suit
~I~all tk brought for the collection hereo[, o~ the same has to be collected upon demand ot an attorney, to pay reasonable attorney~~
frr. fur making such collection.
D~ferrcd payments hereunder shall beu int~mt at the rate of ten perce~t per annum from matu~ty unti) paid.
~ 7~his note i~ cecurrd by : mortgage of even date herewith and is to be conetrued and enforced accordin~ to the laws of the
~tat~ of Florida; upon drfault in the payment of principd and~or inte~est when dae, the whole sum of principal and intcrest
rrmainin6 unpaid shall. at the option of the holdaa, become immedia due and payable. ,
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~ • ' r..c-~a (SEA L)
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~ c~.x ~ ~ l~~ :~c.-.c~.
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r Pr~pared Dy ~piekr 6t Tmdrich. Attaners - 2240 Biwyne Bl~d.. Mumi, F /
and shall perform, comply w~th and abide by each and every the stipulations, a~reements. conditions and cove-
n~ts of satd prom~ssory note and of this deed. then this deed and the esute thereby cceated sh~ll cease and be
null a~d vo~d.
1. The Mort~a~or hereby cuvenants and agrees:
~ la) To par all snd a~n~ulu the pr~nap~l and ~nterest aad other swns of moaey p~yable by vlrwe of sa~d proauisorY note ~nd ~hu ;
deed. or e~ther. pomp~ly oe? the daYs respec~irely tbe s~me sever~lly Decomea due. ;
i (b) To perm~t, cowu a auffer no ~raate a!~d io ma~nu~n ~Ac ~aq~ovemeou ~t all h~es ia a shte ot ~ood repa~r :nd cond~uoa, and io ~
do a pen~~t to Se done to s~id preeises noth~n~ tA~t r~ll alitr a ch~n~e the we ~nd c6u~ceer o( said poperty or ~e ~ny ~~y i~p~i~ or
; .eaten the secunty of ihls rsor~p{e. AnA ie use of i~he relusal. At~ItCt Of ~O~EIL[r OI NIt MOf[/ajOf t0 ftpiV a11A ~IIII~IA l~Id ptOptf.
ty, ihe 11or~p~ee ieaY. at Ais op~~oa. mske such rePaui or cause the sa~e to be ~ade. aed ~d~ance eoneYs ~a tlut bsh~l(.
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~ (c) To Paf all ~od a~ns~lu tht qacs. assesasents. tev~es. I~ab~l~ties. sed obli~at~au of every naturs on aaid described ptoperty tscA
~ and every rhen due and p~Yable accad~n~ to Is~, befae they becawe dtl~n~ent, ~sd to deliver to t6e Morti~tee on or befae MarcA
~ lSth of e~ch Year ta• receipts ev~deacin~ ths pay-e~cat ot all l~~rtdllr ~~wcd tut• far t6e precedis~ e~lendu reu; to inde~aifr ~he
~ Mataa{ee ~pon his de~nd iw sli uacs, asscssmeets aed ch~r~es that ~Y =s ~iscsscd upon t6is sort~a~e on tl~e ia0ebtedueas s~.
~ cured Aereby, •nd pa~d br tbe oa~a~ee, r~thout re~srd to ssr 1~~ beretofare ea~cud ar here~fter to be es~cted i~po~is~ ~p~set of
~ [he rhole w aaY ^art tbsreo( ~pon ihe 1Awi~a~ee. ,
$
° (dl To p~Y all and s~n~ulu tAe costs. cAsr~es ~mt e~penses. includ~e~ Isryers' (tes ~nd ~bsu~et costt re~son~Ely inewred or p~id ~t
~ any ~~ise !y tAe Mori~~~ee becsuse ot the fulure on the part of the ?lort~a~or to per(as, cosPly .ri~h and abide br e~c6 and every the
$ supulauons. ~{reeACn~s. cond~uons and corenanta of s~id pro~iswry note uM tAu deed. or enber. ~nd erery sucM'p~yseat ahall beu
~ateres~ tro~ due ~t the r~te of tea (10'i) oer ceetus per senas. ~ #
(el It i~ t~r~ka corea~ettd uW ~{re~d br ~~i~ arties Wst in tAe event ot ~ suit be~n~ ~nstltuted lo fotcclose thi~ sat{a~e. the Mort- ~
~ p~ss iYall bs eaiitled co ~~y ~t ~ep ~i~e pc~die~ srcM faselw~re init to tbc caut havis~ jatisdituow tbereof fot d~e ~poiatatet f
~ ot ~ rscei~er a( ~11 aM sinp~l~r Ue ~at~~{ed /ro/ettr. and o( ~11 tt~ta. iaca~cs. ~COfiu. i~suti aad ~evesws tAsreo/. fro~ tb~uotvcr
~ sauce derivea: ~ad there~yon i~ is herebr e:~ruslr eo~su~ted •ed ~sreed tA~t tbe Caut sUall tottAritM a~oiat inc\ recsirsr +r~tA
cAe wral ~osers ~ad duties of receivsr~ i~ like euei: ~sd ~~id s~pint~eet sAsll be a~de br tbe cart u~ Mtttr ot seriet riNt to
~ We Mort~a{se. ~0 ~~tAout ro(erence to tAe ~Asaucr or iaadeqoae~ of We ~dne of U~e ~opsrtr hersbr ~ottp~d. or to tAe sol~encr
~ or ~ssol~e~cr d iAe bat~s~ors a~ar omer Par~y dc(e~du~t to sncM a~it. TAe Mort{asar hercbr ~oeci(ic~llr •ai~es the n~6~ to oeject
~ to ue ~~aot~e~t o~ s rsceirsr u s[orenid ~ad Aersbr uprs~~lr CpIKOt! tb~t •IICA ~p001AfstOl fSIII bt Mde u u? adm~tted cpu~ty
•M a~tter of ~bsolrte n{At to tAc Mottp~ee ~nd that tUs ~u~s Nr be doau riWart notict to thc Mortsa~or.
_ 1f torecloaure orocesdup shou{A bt in~at~tsd ~qieut tLe ~o~ertr covs~ed br t4u ~tp~e uooe aer o~hsr liea or ct~~iu ~hetber
alls~ed to ec sapsr~or a~ juaior to the litn ot thi~ ~t{aat. the Morta~{se wr ~t his ootioa is~ed~stelr roon It1lIlY11011 O~ iYCA fYll
3s a durw~ 1he pendencr ~6treo( declare tAu sort~~~e ~nd tAe iadebteOness secured herebr due ~ad aY~ble (aW~~tA ~nd maY at its s
- o~~oo ~ocesd to faecto~e tMi~ ~ort~a{e. i
(t) TA~t tbe Mor~p~ar r~ll kcc~ dl resl ~nd oetsond peopertr ~of at bcredter eacusbeted by tbc I~sn ot t4is ~at~~~e ~nswed ~s a~y ;
- bc rsqrirsl (ro~ ti~s to ti~e ?r ~he Mort~~ee sp~ast Iwa Yy firt. ~~ads~otw~ ~ad other h~s~rd~, c~swltie~ ~M coat~n~sac~es fa s~cA F
renod~ ~d (or not te~a Wa• ~YCA ~~nu u Mr bs nw~rN sr ~s wor~~.ase •ad to oaY O~~Ir ~rsa dYe ~11 pre~tuss ta srth
:<i ~nswNCa Tbs ~ta of ia~Yru~ce req~ired or tbe Mortia~se ddl be tMs ~suaa ~aaunts for ~rl~cA p~d ini~nnce s6a11 be •nttee
seA it ~hslt be IfICY~btAt ~011 t~C.1IOft~~j0f b M~suin ancb ~8diuoed ~asnr~ce ai u~r be eeccss~rr to e~eet and cowiplr f~llr .~th
sll co-~asrnsce re~irc~e~ta coat~ieed in said pl~cies to trs s~d tb~t tYs said Mort~or is not ~ co-~~srtor tbertYSder.lnsur~nce
sYall be .r~u~. er . co~s~r or to~~eie~ ~~yto~td a Atsi~a~~N by tAs MotW{es ~ed all Pol~caes ~ad tsne~als tkereof sb~ll bt htld
br tAe 1Aatp~et. All dstailed dea~{s~tiona by tMe 11at~~~a ~rAicY ~re ~cceoqd Yq tAe Mott{~~es aew atl ~{rsswests ret~een ?IatNta
- sed ~lat~Kse rel~ua~ to ia~ur~~ee. no. ssistin~ o~ he~e~(tsr ~~s. sb~ll be in rritie~ ~ud sU~lf be ~ Part of thi~ aio~t~aas ~{rsesea~
~ u(ullr ~s tAor~A ~et fortA ~tr~~tu~ Ysteu ~a/ ~hall ~o~srn botA ptt~es hento aud Wsir srccessors ud *ssiass. !N licA upoa ~y of
•~id ool~cics ot ~nsw~nce or uyo~ awy rtfn~d orretwe its~i~ ~Mieh My be ~r~bls o~ 1Ae cuK~ll~tton a ten~a~uon thersof, sh~ll
be ~~~en iu athcr thae tAe IAo~y~~ee. eacsot Or ~oPet sMoras~tat ~t(~atd to ~rd oolitr and ~~o~ed by Ma~t~~ee. EscA pol~cy of
~nsw~ace ~A~II Aa•e •t(~.s0 iAereto ~ St~nd~rd Ne~ York Matp~se Ct~rse ~~iiort CoaaibYUan, akin~ ~II losx w losses w~der auch
E~:
oo'~cr p~Y~ble to tbe Matp~ee ~ts ~eterea~ nyr ~p~u. tLt svpt a~y i~ or i~us ot isoneY eecowt P~Yselt thereundcr the Nor~-
`~N {~~ee •h~il Aive ~he op~ion ~o rece~ve •nd qply tis ss~s o~ ~eoawt of I~e ~Meltcdness Aere?r secured. or to Perstl 1ht Nwl~a~nr
_ ~o recei~e ~u~ we ~t, or •ny art Mereof, •uAort as~ar ~~ivuy a i~~Ne~ ~ey equitr. lien. w n~ht under and by nnre o( th~s
wac~e. In event of lo~s a pArs~cd d~M~e to the wory~~sd ~opertr tAe I~for~~{ar sh~l) ~ire ~Mtd~~te not~ce thcrcof by R~~I t.~
_ tAe Mat~~~ee snd the AAort~~{ee nwy uike proof ot loss ~Ae sa~ ot msde prosptlY b~ the 1~1ar~{s{a. In cYen~ o( lurc.ln.ure n(
~ o~x ~97 ~2813 ~
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