The URL can be used to link to this page

Home My WebLink About1733 PROVIDEfI, ALWAYS. that ~f the A1ott~a~or shaii pay unto the ~1ort~a`ee the ~ndebtedness evidenced by a certa~n prom~ssory note of which the followin~ in words and fitUICS IS a IIU! COP)I l0-NI[: ~ ~4RZ~ ~ = 4,125 .00 ;H;,~,,;, F~~;d, December 23, ~q 71 FoR vALI~E RECF.1~'ED W~, j ointly and severallv pwm~ ~o pay ~ to thc o~er o( DAVID H. CANTOR AND HELEN GANTOR - the principal ~~m or Four Thousand One Hundred 'I~aentv- five and RS, toRether th int~re~~ ; th~reun (rom date at the rate o[ ten percent, per annum until maturih, both principal a~d interest being payable in law 1 money uf ~ th~ l:nited ~tates at Biscayne Bl~d., ~liami. Florida, or at such othe~ piace as the holders heceof may desian e in writing. Principal and intere.t payable in inutallments as follows: Seventy-five ($75.00) Dollars per month, for sixty (60) cor?secutive months, on the lSth day oF each and every month, beginning on the ].Sth day of February, 1972, and continuing until the 15th day of February, 1977, at which time the balance shall become due and payable. This note may be prepa~d in whole or i~ put aftet one yeu from the date hereof upon payment of a penalty equivalent tu fwe percenc of the princ~pai sum prepaid. Each in~tallment payment ~hall be c:rdited first o~ the inte~est due, and tl~e remainde~ on principal: aad interest shdl thrrr- upon cet~e upon the pnncipal w credited. The maken and rndonen of this ~ote [urther a~rce to waive demand, notice of ~on-payment and protest, and in the event suit .I~all br brought for the collection hercof, or the ~ame has to be collected upon demand o[ an attomey, to pay reasonabk attorn ~~ss frr~ (ot making such collection. Urferred paymen~~ hercunder shall bear interest at the rate ot ten petcent per annum from matu~ity until paid. I 7~is note is secured by a mortgage of even datr hercwith and is to be conatrued and enfoeced according to the laws of e ~ ~tate of Florida; upon driault in the payme~t of principd andlor intereat vrhen dut, the whde-eum of principal and interest ermainin6 unpaid shall. at the option of the holdecs, ~o~ ~~~aus~r ~a wr~~• ; . ; l. ~ . C1 • ~ SEAL) ` ~ J ' - ~ C C ~ (SEAL) Peep~red by ~p~rler d~ Tendnch. Attorneys - 2240 BiKapne Bl~d.. Miaen~ i s anJ shall perform, comply w~th and abide by each and every the stipulations, agreements, conditions and cove- ~ nants of sa~d prom~ssory note and of this deed. then this de~d and the estate thereby created shall cease and be ~ null and void. ~ ~ 1. The Mort~asor hereby cuvenants and aatees: , ~ € ~ (al To p~y all and s~n~ul~r tAe pr~nc~pal and mtcrese and othcr sums of money p~Yablc by vuwe of sad prom~saory note •nd thia ~ deed. or e~tAer. pomp~ly on ~he daYS re~pecnvely the s~me seYerallY ~comes due. Ibl To perm~t, canaet or autfer no rr~ate a~d to munu?n ~Ae ~mpro~•ements •t dl ua~es in a st~te ot ~ood repa~r ~nd cond~hon. ~nd to ? do or pene~t to be done [o sud pres~~es no~Mn~ that Will alte~ or chae~e tse we and cAaractet ot s~~d poperty or m any vay iieD~~r a .e~ken the secuniy o( th~s mor~~a~e. And ~n use ot the refusal, ne~lect or ~n~bility o( the Mortq~or to repsrt ~nd eainu~n s~id proper- ~ ty, ~he Mor~~~ee m~y, a[ !ns opuon, make aucA reps~rs or cause tAe s~me to Se m~de, and advance moneys m tA~t beh~tf. (c) To pay all anA a~n~ular tAe bacs, •ssessa~en~s, lev~cs, liab~l~tiea, and obliNt~ons of erery n~ture on said desttibed property e~ch ~ and every ~Aen dae and paY~ble accordin~ ~o la~, be(ae they becaee del~nQuent, aed to deliver to tAe ?lort~~{te on ot Se(ore MattA ~ IStA of e~ch year ~a• rece~pts ev~dencins the pa)n+ent ot all I~w~fully ~mposed taaes (or the preced~s~ c~lend~r yur, to indenmify tAe Mort~~~ce upon h~s demand fa all taxes, asses~ments and ch~r~es tha? iaay :s ~ssessed upon this mort~a~e on the indebtedneis s•- cured heieby, and p~id py tAc mat~~see. .~thout re~ard to any I~~r htretofote enacted a hereJter to be en~cted impos~n~ ~~yraent of ~K the ,rhole or any vrt thereof upun the Mort~a~ee. ~ ; (d) 7o pay all and s~n~ular tAe costs, char~es •nJ eapense~, ~nclud~n~ larytrs' tees and ~batr~ct costs reasonably ineurred ~x psid st ~ ~ny ume by the Ma~~a~ee becsust of the f~~lure on tAe p~rt of tAe Morts~~or lo perform, comply ~r~th and aA~de by esch and erery the ~ supulat~ons, a~reements, condiponx and covenant• o( sa~d promissorY eote and th~s deed, or euAer, and evety such~p~yment shall be~r ~ ~ntere~t (ran date •t the r~~e o( tcn (10'1~) per centum per annum. r r (el It turthet coven~nttd ~nd a~reed Sy nid p~rhes th~l in the e~cnt of s suit bem~ mat~tuted to (oreclme this mort~~je, the Mo~t- ~ p~es shatl be enutled w•pply ~t any tise peedins such loreclosure suit to the court hann~ junsd~cuon thettof (or the ~Ppo~nte~ent ~ of ~ rscei~er of ~11 and sin~ulu tht mort~~~ed prooertr. and o! ~11 uaa. incoaes. profita. i~wu and reveaues thereof. fro~ ~h~tsoever ~ource den~ed: and tAereupon 1t ~s heusy e:presslr coven~nted •od ~~reed ebst ~he Court sh~ll [orth.itb ~y~oint such receirer ~ruh the wnal po~ers and duUes of receivers in like cues: and •~id •~o~ntment shsll be awde by the corrt ~s a m~tter of strict ri~ht ~o ~ the Mat{~~ec, and .ntAout re[ercnce ~o the ~dequaey or io~depuscr of the •~lue o( the proptrty herebr sott~~{ed, or to the solvency ~ or ~n~olvency of tAe Mortp~a• or •ny other p~rty deftedant to ~ucA su~t. The Mort~~~or Aereby specd~c~lly .~ivea the n~At to ob~ec~ ~ to the •~ofatsent of ~ tece~rer •s a(oresud •nd hercby tapre~slr con~ent~ tAat such •ppo~ntment sh~ll be made •s ~n adm~tted equ~ty qi •nd ~ wtter of ~esolute n~At to the Mort~~~ee and th~t Ihe ~~me ~uy be doz~e ~r~thout notice to the Mort{a~or. (f) jf faeclosurt proceed~np should be init~tuted ~pinst tAe pro0ertr covered by th~s mort~~{t upon anr other I~en or cla~m wAetAer - •Ile{ed ~o be supenor ot ~unior ~o the I~en of this nw~t~t~t. tAe ~lorta~~ee rosY at Ais optlon uataedutcly upon ~nsutut~an of sucA su~t ` a dur~n~ the pendency tAereof decl~re tb~s nwrt~~~e •nd tAe ~ndebtedness secursd hereby due anA P~y~ble twtA~r~tA •nd m~y ~t ~ts - opaon proceed )o (aecloae th~s morta~~a . (~l TA~t tAe MacN~or will keep sll re~l and personal ptoperty nor or heredtet encumbered by the I~en o( th~s mort~a~e ~nsured ~s may ~~j ee rsqwred (row ue?e to b~e sy tAe Mort~~{ee ~p~nst losi by Gre, riods~an~ ~nd other h~i~rdi, c~swlUes ~nd cont~n{enc~es tor such pcr~oa~ snd ior not le~s tA~e ~ueh ~aaun~• ai MY bs rsauued br the 6/ort~~{ee ~nd to o~Y ~oe~ptly ~rhen due ~Il prem~uea (a such miurance. TAe ~moant~ of ~astiru~ce rcauutd br the Abrt~~~ee ah~ll be tAe nun~muee ~aaunt¦ !or rh~cA s~~d ~nsue~nce shall be ~ntten and u sh~ll be ~nevsbent upon tAe I~fory~{or to sa~nt~m sucA ~dd~uoa~l insuru~ce s• in~Y be necessuy to meet ~nd comply fully .~~tA •II co-~naur~nce reauirasents cont~~ned in s~id policie• to tAs eod tA~t the ssid A/ore{~~a is not a ca~nsura tRereunder.ln~ur~nce ~A~II bt ~.nttea by ~ ca~aer or cqepseu• ~Pproved a des~~n~~ed by the Mort{s{ee ~nd ~11 polic~es and rene~r~ls thereot shall bt held - Ay tht AIatN~ee, All det~ilcd dca~~n~t~ons br ~he Mort~~~or rh~eh ue ~ccepted er Ne Mat{~~ce •nd all a~reemcnts betreen Mort~~~or an6 Mat~~~ec rtl~t~n~ to msur~nct, nm. ca~stin~ a here~ttcr wade, ih~ll be ~n w~ntia~ ~nd sh~ll be s Oart of th~~ ma~~~~e ~~reemeni y ~A sei (aiA verb~un~ here~o ~nd ~h~ll {orern both put~es hereto ~nd d+e~r succesiws ~nd ~ssi~ns. No lien upon ~ny o! s T~`~ ~Y~~ 1~1OY i~id pol~c~es of ~nsu~~ece a upm ~nr re(und o?return prom~ws ~h~cA iesy be p~r~ble on tAe e~ncell~tion a~e~m~n~t~on thereof, sh~ll be ~iven tu ~tAer ~Aan tht Morq~jee, tacept br proper endor~e~sent •(f~aed to sucA pol~ey ~ed ~Pproved by Mwt~~~ee. Esch pol~cy nf ~n~w~nce •h~ll h~ve ~ti~.ed ~Aereto a S~andud Nt~ Yo~k Mat~~~ee Cl~use v~t!?oYt Contnbut~on, m~k~na ~11 losa w losses undet ~uch po6cr p~ribl~ to ~he Mor~p~ee •s ~ts ~ntere~t m~r ~vpe~r. la the e~eat ~ny iwn or w~ss of money Decane Pay~ble tAettunder the Nort- a ~~~ee shs:! h~ve the opiim to rcu~ve •nd ~pply tAs i~~s oa ~eeount of tAe indeAttdness hereby secured, or to pernu~ ~Ae 1~Iat~~Enr ~ `=r ~o rtce~ve •nd use ~i, or ~~ny Put Nereof, rr~thout tht~ebr ~raivin~ a im0anna any equuY. lien. w n~At undcr snd by ~utue of tAi~ mor~~~{e. In event of lo~~ a phys~c~l d~ms~e to the mat~s~ed property the Mort~~~o~ sA~U {~vt ~mmedu~e no~~ce tAereof bY ~ael ~ thr M«~~~~te aad iAe ~tort~a{et may n»ke proof o( tos~ if ihe ~ame ~s not mad~ pranptly b~ !ht ~1ats~ta. In crem nf tore.l~•ure nf , - 60CK19$ ~~E1731 ~ ~ _