HomeMy WebLinkAbout0903 ~
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l. To pay oll and iinywlar t11a principol w~d intereat and otller suma o~ money payabte by
virtue of aaid promiasory note- and thia dssd. or eitAer, promPtty on the daya rsspec~ivsty, t,~e
aame sevaraUy beco~ne due.
t. To pay aU and singular tlts taxea, asaeaamenta, isviea, liab~Titiea, obtiyatsona. and enc~aw-
branesa of crery natrcre on aaid deacribed property. eacll and every, and if t.ll~s sams bs twt prompt~
ly paid the said MortpaQee_, hi s ~eirs, lsyal r~presentatives or ae+i~~+, 'n~a~? at ~xy
tims pay ths same witlaout ,waivix~ or aJJeatix~ tlee option to forseloas or ariy riyht llereunder.
and every payment ao mada aAali bear i»tereat from tlaa date thareof at the rnte of~per
cext. per a~aaa~.
s. To pay all and ainputar the eoata, eJ~aryea and expenaea, ixetudi~sg Zawyer's f
ees, reaso~-
abiy ineurred or paid at any tims by aaid MortyaQae_, h i s keirs, le~ai rapreaentativea
or aaaigna, beeause oJ tlas fa~ure an ths part oJ tl~s said Mortgagor~., their l?~,
reprsa~tativet or aaai~ns to P~'f~, ~Pty +oitk and abide by ea,el~? and every tha atip~ationa,
agreementa, eondiriona and eovena~nta o~ aaict promiasory not~ ar~d tltia daed, or eithsr. and
svery such paymen~t aha~l bear int.~rest from dats at the rats oj~~ per cent. per a~ma~.
.i. To keep tlu buildin~a now or hereaJter on aaid land insured in a aum not leaa tha~
highest insurable value n~ilara, in a emnpany or oo~xpa~ast
to be approved by aaid Mortgayee_, and t11e policy or polieiea held by and payab~s to aaid b~ort-
9a9ee-~-, hi ~ ~eirs, le~al repreaentativea or aaaip~a, wtd ix tAs event
any aum of money becomea payable u~tder tuch policy or polieiea, ths hfort~aDa~-,
his keira, legai repreaentativea or asaigna, alaan liave tha aptiou to receivs a~d
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appiy the same on aecount of the indebtedneas 1lereby secured or to perneit t7~e Mortgagor to
receive and scae i~ or any part thereof for other purpoaea, without thereby wai»ing or impairix~
f any equity, Iien or right under or by vertue of thia mortgaQe, and may place anai paY for tacll
E inauranee or any part thereof toithout waiviny or af
f
eetitt~ tlte optio~t to f
oredoas or a~sy riQAt
~ herstender, and Qach and every aueh payment ileall b~ar iraterest from date at tha rats of 7 70
;
~ per eant. per annum. . . .
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5. To permit, commit or auffer no waate. impairment or detariorat~ion of aaid property. or any
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E ~ri W~~~f
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~ 6. To perform, eomply with, and abide by each and every th.e attPulatio'?+a, a~r'eemeftts, con-
~ dit:ons and eovenanta in aaid promisaory note_, a»d in this deed aat forth.
~ y. If any of aaid suma of money herein rejerred to be not promptly a»d fully paid within
~ r h i r t v~ya nezt ajter tlu aame aevaraUy become due and payarbk, or if eack and e~.~ery the
~ stipulationa, agreementa, conditiona and covenanta oJ aaid promiaaory note and thia det.d, or
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~ either, are not fu~ly performed, compli~d with and abided by, the aaid agprapat~ aum mentioned
~ in aaid promisaory note_ shaU beeome due and payabia forthwith or thereafter at the option of
~ the Mortgapee_, h~ s-Je~ra, iegat representativea or aaaigr~s, aa fully and completely
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aa if the aaid aggregate sum of ~iFt.VF TNni1.SANn AND QO/100 dollara wers
~r~ originaliy atipe~lated to be paid on auch day, anything in aaid promisaory note_ or herein to the
contrary notmithatanditty.
- IN WITNESS WHEREOF. tlu aaid Mortgagor~, ba.vP ~cunto aet their
= ` hand~_n.nd aeat~the day and yrar Jirat above written. .
:,_y
Signed, aealed and delivered in p~eaenes of ua: Bi y ai~ 1 en ~S~)
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4 ~~-t~~~~c~G~G- J C ~~~-~G+~/ seal
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- u rey en
~'~S
l7rr, Jii,/r~uirrir/ ~~rr~~,~n•,l 1~~~: George N. Jahn ~ R nn
.1J,/.~~~ 800 Seybold Building gQ~K1J~! PaCE 902
- Miami,Florida 33132 ~