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PROVIDEf1, ALWAYS, that if the Mort~~~ot shall pay unto the 1Aortfa~ee the indebtedness evidenced by s
certa~n p~omissocy rtote of which the [ollowin~ in words and fi~ures is a true copy taw~t: ~
~d~Gt~C
s 2, 250 . 00 [~tiami, Florida MSrCh 2, 19 7~
1
FoR vALl~t: RECE~~~ED__ We~jointly and severally, prom;u~o ~v
tu the orderot BENJAMIN GOLDMAN~D YVETTE GOLIhti1AN, HIS WIFE, ~
the p~inripal .um o( _Tw0 ThOUSBnd TWO HURdY'ed Fif ty and 110 100 pO1,LARS, togeth~r with int~r~=t
Ehcrcun (rom date at the rate o[ te~ percent, per annum until maturity, both principal and intercst being payable in lawful mou~~• u(
h~ linited ~ta1e: at '.'.2~ Bi+cayne fShd., ~liami, Florida, or at such other place as the holders hereof may designale in writing.
~ri~cipal and intere~t payable in installment~+ as iollows:
Fifty ($50.00) Dollars per month, beginning on the 15th day of April,
1972, and continuing on the 15th day of each and every month thereafter
until paid in full
This note may be prepaid in whole or in part after one year from the date heteo[ upon payment of a penalty equivalent
to five percent of the principal sum prepaid.
E~ch in~tallment payment •hall be credited firct on the intecest due, and the remainder on pri~cipal; and intercat ahall thrrr-
upon rea.~e upon the ptincipal .o crrdited.
The maker~ and rndorxn uf this note [urther agree to waive demand, notice of non•payment and protest, and in th~ event suit
i,lixll br brought Eor the collection hercof, or the same h~ to be collected upon demand of an attorney. to pay reasonable attorney':~
~(rr. iur making such collection.
Defened payment~ hereunder ~hall bear interest at the rate oi ten perce~t per annum fwm maturity until paid.
7'hia note is securcd bv a mortgage of even date hctewith and ia to be conatrued and enforced accocding to the lawa o the
~tat~ of Florida; upc?n defiult in the payment of principd andlor interest when due, the whde eum of pnncipal and int st
Rmaining unpaid shall, at th~ option of the holders, become immediately due and payable.
' 4-C~ ~L ~
.~Lf •=t-~ ~ ? ' (SEAL)
~
~ "L~-~_~-~___f~ !c - (sEAL)
Ptepand ~y ~pieler d~ Tendrich, Attorneys - Z240 B~eayne Blyd., Miami,
anJ shall perform, compty with and abide by each and every the stepulations, agceements. conditions and cove•
n~nts uf said promissory note and of this decd. then this deed and the estate thereby created shall cease and be
null and void.
1. The Mort~ajor hereby cuvenants and a`rees:
(a) To p~y •11 and s~n~ulu the pr~nc~pal and ~ntcrest and other s~ms oi money p~Y~blc by r~riue o( said prom~ssory eo~e ~nd this
decd, or ei~ser, poa~p~ly oe the days respec~ively the s~mt severally becaees due.
I
; (b) To pena~t, co~~t or aufter no ~aste a~d ~o munta~n the ~mprovements st •II umes in a shte o( ~ood repair ~nd cond~t~on, and to
~ do or pee~lt to be done to s~id p~twises nothin~ Ui~t w~ll slter or chae~e t6e we and ehuacter of s~id propcrcy a in ~ny r~y imp~ir or
~ ~rt~kee the stcunty of this nwrt~a{e. .~nd ~n csse of thc retusal, aeslect or in~bility ot tht Mat~a~or to repair ~nd e~int~in ~~id ptoper-
; ty, tAe Mortp~ee s~y. ¦t Ais option, mske sucA repsirs or cause tAe same to Ae s~de, and advance moneys ~n tAat bsb~lt.
i lc) To pay ~11 aad .~e~ulu the t~aes. ~ssesaa~ents. lev~es, li~b~luiei, u~d obliptiona ot every n~ture oe aa~d described property e~cA ;
~ and everr rAen due snd payable •ccord~n~ to la., bt(ore they becase del~aquent, ~nd to deliver to tAt Mort~a~ee on a before M~rcA
IStA of e~ch year taa receipts ev~deacin~ the p~ymsnt ot •fl I~rtully ~s~osed t~:es tor the precedie?~ calendar ye~r; to indeienify the
~ ?/at~~~ee rpon his dem~nd tor all tsats, asses~isenu •nd char~es tAat ea~y ~s asaesscd upon this mort~~~e on tfie indebtedness s?-
cured haesy, and pa~d by lhe mort~~~ee, w~thoui re~ard ~o any 1~~ beretofae en~cted ar hereafter ~o be enscted ~aposina ~yment ot
tht ,rAole or any ~art thereo( upon ~he Monta{ee.
(d) To p~y all and s~n~ulsr tAe costs, cAu~ea anJ expenaes. includ~n~ I~ryers' fees aod abatr~ct coats reason~bly incuned or p~id at
any uiee by the Mortp{ee bequse ot the f~~lute oe tAe p~tt o( tht Mortpsor to per(orm, comD1Y wuh and ~A~de by each and eve~y the a
at~pula~~on~. a~reeaents. conditions and covenants of said p~oaisiorY note and this deed. a e~th~r. a~d every sucti p~yeoent sAall bc~r f
~nte~c~t fraa date ~t the ~ate o( ten (10'i) per centwa pc~ annum.
(e) It i• f~rthcr co~ee~nted ~ad •{resd br s~id p~rues tA~t in the event of ~ suit be~n~ in~~ituted to toreclosc tAis e~ort~~~e, the Mat-
N~es sAsll be entitled W•Pply ~t any tiise peedie~ sucA fotecloiure suit to ~n< <o~+n n.~~aa jurisdicuon ~hereot !a tAe topo~mment
of a ncsi~er ot ~II and ain~~lu the iw?t~~{cd prooertr, ~ed o( ~11 rcats. inco~es. ~ofits. i~~uc~ ~nd revenuei tAe~eof. f~o~ rh~tsoever
source dcnvcd; u~d there~pon it is herebr ci~eiilr aor~aanted ~ad ~{reed tAat tAe Coutt ah~ll totth~ith ~Opoint such receiver ~r~tA
tAe wu~l ~o+crs and duties of eeceiver~ ie lite e~aes; ~nd s~id a~ointoeat s6s11 be ~de by tAe court ~s a isstter of stric~ ri~At to
tAc Mar~{~ise. u~d .rithout reterence to the adequacy a in.de~.cr o( tAe v~tue ot tAe propenn c~reby mari~a~ed. or to the solvency
or ~nsolvssty of ths Morts~~ors a any other p.r~r detend•ei io .~ch •uit. The Mai~~~or hereby ~pec~tieally r~ives the n~Ai ~o ob~ect
~ IO tht •/oOlAl~tOt O~ • recciver u~(otes~id ~nd Aereby ea~eulr emitnt~ th~t sueA •ppomueent sh~il be sade ~s ~n sQA~~ied cqu?iy
~ ~nd a~ttcr of ~biotute ri~ht to the ?/ortu~ce ~nd that tAe ~~me m~y bt dore nithout noticc to tAc Mott~~{a.
(f) Jf foreclosurt p~ocesdia{s should be institutsd •{~inat tht ~ooettr eovered by this eort~~~e upon aer o[Aer lien qr cl~~m ~rhether
~ alle~cd to be a~perior o~ jneior to tAe I~en of thi• sortp~e. tAe 61on~a~ee ewlr at his optlon imiaedutelY upon mstiiuaon ot sucA su~t
~ or dunn~ IA~ pendency thereo( decl~re iA~s iwrt~~se ~nd fhe indebtedneaa secured hersbr due ~nd p~y~ble (orth~~th and may st ~~s
oPtioo ~oeetd ~o faeelo~t th~s ~at~~~e. .
~ Th~t the Mattp~or riil keep sll resl ~nd person~l proper~y no~ a hett~fter encumbered by tAe I~en of thii oorti~{e ~nsured as may
; be rsqYirsd (ro~ tiwe to U~e by ~he Nwt{~{ee •piest los~ Sr frce, v~edsta~ and other huuds, c~swlt~es ~nd coeun~encies for sucA ~
~ oer~ad~ ~nd (or not les• N~n svch ~wount• ~s wr bt r~q~~red br tAe Abrt~~~ee •nd to o~Y proa~Pilr ~rhtn due •II premwais fa such 3
~niw~nce. The ..o~+n~. ot in•ur.nce reau~red ?r ~Ae u/ory.sec ~Adl pe tAe sia~mwe ~eaunu (or wA~ch sud ms~u~nce shall be .ntten ~
~ ~ed it ~h~ll be ~neu~ent upon the A~lore~a~or to w~nt~in such ~dditioed ~nsurance ~s m~r be necess~ry to mett ~nd coenplY tully v~eh ~
~ •11 co-~esurasce reouiraaeats eont~ined in s~id Policie~ to tAs s~d tlut tht s~id Mott~asa is no~ ~ co-ina~ror therew?der.lns~r~nce ~y
~ ~b~ll be .ntte~ Sr ~ co~asr w co~wies ~Pprorcd or desi~n~ted by tAe Morya~ee •nd ~II policics and ~sne~~ls thereof sh~ll bc AeIJ
~ by tlie Matp~ee. All dstailed des~~n~uons br the Mortp~or rhich ue ~ccepted br the ?/ort~~~ee ~nd all qreewents 4et~ecn Mort~a~o~
and 11o~t~a~ee rel~un~ Io ~n~ur~ace. now~ sxistina a here~(ter ~ade. sA~ll be in rnUn~ and sA~ll be ~ p~rt ot th~~ wa~~~{e a{rsament
- u frlly tAou~A sst (ath ~erb~u~ Aers~a ~nd ~hdl ~overn botA arues hereto and their succesiors snd ~ss~~ns. No I~en upon ~ny of
s~ld oolicie~ o( msur~nce or upon ~n7r re(und o~retwn orew~we ~rfiicA w~y be p~r~blt oe tAe c~acsll~tion a term~n~tioa theteof, sA~ll
be ~~ven ~o ~tber ~han the h1o~t~~~ee, eactPt by ~o0er endorss~ent •ff~aed to s~ch policy ~nd ~pptoved by Mott~~~tt. Each policy n(
e, ~nswance •h~lt Asve •(f~.ed ~Aeuto a Stsnd~rA Ne~ Ywt hlo?tp~ee CI~YiC f1UlOYt COIIltIAYllOf1. nuk~n~ all loss or losses under ~uch
- Pol~cy p~y~ble to tht Matp~ss ~b ~o~eres~ nwr ~~s~r. Is tAe e~sa~ ~ey ium a suss of nwney secao~e Paysble ~Aercunder the ~1ort-
p~ee shsil h~ve ihe o~t~on ~o reeelve snd •Pply tUs uwe on aeeornt o( tAe ~ndebtednsss hereby secured, or to peneit tht Hor~~~ fnr
~ ~o rsctivt ~nd rst u, a~ny ~rt tAereo(, •~thoYt thenbr ~~ivin~ a iieP~u~n{ any eauity, lien. o~ ~~~At under and by v~rtuc of th~s
mort~ata !n erent o/ lo~• or pAYs~c~l A~aa~c to the a~wt~s~ed ~operty the Mata~~or sh~ll,{~ve immcd~~~e not~ce thcrcof by rr.a~l a~
!tR M«t+-;ee and the Mor~~~~te ~esy nake ~oof o( loss i( iht s~me ~s no~ rnsdc promptly bq tAe Ma~{a{or. In evem n( ture.l~wre nt +
. ~ o R 2p0 ~?~E 159?
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