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Home My WebLink About2612 PRUVIDF:I1, :~L.NAYS, that ~f the \turtg~gor ,hall ru~ unt~~ ~he \loctgag~c thr ~nJtbtrdness rviJcnctd hy a . ct~tain pnNm.sory ~ute ~~f Nhich the I~~II~~Ning ~n w~,r~+ and f~gures is a trut c~~py tu-N~t ~ 4 • ~ ! ' S 1, SS0.00 ;1liami, Flqrid~ March 11 ~q 72 ' FOR YALI:E RE~CF:11'Fu We jointly aild SEEVeY'Slly, promi~e tu pa~ ~ to the order of MIRIAM KIRSZ~-' ~ the p~incipa) sum o( One Thousand Five Hundre Fi ty an no I~~j,~,.~K:. i~,~r~1~~•t NiII~ inlrrr.~ ~ ~ thereun (n?m dat~ at thr ratr of ten penent, per annum until maturity, buth principal and interest bcing payable i~ lawful mon~•~ uf 4 ' the United ~tates at ~°_-1-~ Bi~cayne Bhd., ~liami, Florida, or at such other place as the holders hereof may designate in writing.~ ' Principa) and intere.t payable in installments as fullows: ~ Thirty-five ($35.00) Dollars per month, beginning on the 15th day ot ~ *~sy, 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 yeat from the date hereof upon payment of a penalty equivalertt to five percent of the principal sum prepaid. Each installment payn?ent ~hall be creditrd Grst on the interest due, and the remainder on principal; and intere•t shaD tl~en~- , upon cea,e upon the principal w crrdited. ' The make~s and endur,e~ of thic note (urth~r aoree to waive demand, notice oI non-payment and protest, and in the event ~uit i ahall be brought for thr collectiun herro[, or the same has to be collected upon dentarrd of an attorney, to pay reasonable attorne~~~• i f+~r~ [u~ making such collection. Deferted payment: hereunder ~hal) bear entere~t at the rate of ten percent per annum from maturitv until paid. 7'his note is securcd by a mortgaKe of cwen date herewith and is to be construed and enforced~according to th~ laws of th~ ~tatc of F'lorida; upon drfault in th~ pa~~ment uf principal andlor interest when due, the whole sum of principal and int~re~t remaining unpaid shatl, at the optiun o[ the holders, become immedia ly due and payable. , . S ~ ' , % ~r~ (SEAL) ~ ~ • C~E.-l - ~s~`'"~ (SEAL) ~ Prepared by Spieler & Trndrich, Attomeys - 22~t0 Biseayne Blyd., !1liami, Florida , . - ~ ar~d ~hall perform, compl}~ w~th and abide by each and e~•er~~ the stipulations, agreements, conditions and cove- nants uf sa~d promissory note and nf this deed, then this deed and the estate thereby created shall cease and be ~ _ z null and ~•oid. 1. The ?1k~rtgagor hereby covenants and agrees: i la) To pay all arni s~nguhr the pr~nc~pal and ~ntcrcst and other sums ot money D~Y~~Ir by v~rtut ot sa~d prum~ssor~ note and th~s ~ derd, or t~the~, promptly un the day. respec~wcly the ~smr .cverally hecomes due. (b) To permrt, rortim~t or suf(er nu raste arni ~o m~mca~n the ~mprovements at all ames ~n a state of 6ood repau and cond~uon, and to do .x petmit to t+e dcx~e to sa~d premues nothinE that ~ill alter or change t1~e use and charactet of sa~d p?operty or m any May ~mpa~r or s•eaken the secunty u( thi~ raortp6e• And m case of the refusal, ne6lect or mability o( the ~lortsaaor to repa~r and maintam said proper- j ! tY, ~he Afott~Ece may, at h~s opt~on, make such rep~us or cause the same to be made, and advance moneys in that behalf. ! ~ (c) T~~ pay all and sm6ular the taxes, assessments, le~~es, lub~l~ties, and obG~ations of every nature on said described prnperty cach ~ •nd every +rhen due and payable accordin~ to law, be(ore tney becomt delinquent, and to delirer to the Mortaasee on or be(ore SNarch ~ ISth of each year taa receipt~ evidencma the paymem all IaMtully ~mposed taaes for the preced~n6 qlendar year, to mdemnify the ~ Alartaa6ee uM~n Ais 3emand fur all taxes, a.sescmcnts and charges that may be assessed upon this mortsaae on the indebtedness cured herrhy, and ~+a~d by the mortEaEee, withcwt rcEard to any lar herctofort enacted or hereafter to be enacted ~mpos~n6 ~ayment o: F ~ the v.hole ~a an~ ~vrt thereof upon thc ~t~•rtR~E«• ~ ~ Idl Tu pa~ all and .~nEular the costs, char6es and evpencec, mclud~n6 lawyers' fees and abstnct costc reasonably mcurred nr pa~d at ~ any um~ ?~y thr ~1or~ga~tee because uf the ta~lure en the part of the llurtga6or to per(orm, comply ~•~th and ab~de b~ each and e~•er~• the . I snpulat~ons, agreemrms, cond~uons and covenants of said prom~ssory note and this decd, or e~ther, and every such~pa~'ment chall txar - mterest from Jate at the ra[e of tcn 111)".l prr cenwm pcr annum_ Ie) It ~s further covenanted and agrred by sa~d part~es that m ~he e~rnt of a su~e bcing msuw~ed to tureclose th~s mortga6e, the ~I~xt- ~ gagee .hall be entitled to apply at any time pending swh (oreclosur~ su~t to the court havin6 jur~sd~chon thereof fa the appomtment t uf a recr~~er ot all and s~nEular the mortga6td property, and of all rents, ~ncomes, prof~ts, ~ssues and rcvenues thereof, from ~hatsoe~er ~ ~ .ourcr denred: and thereupon rt~s hercb> expressly co~enanted and agreed that the Caurt shall forthr~~th sppo~nt such receiver w~tA ' the u.ual pu~erc an1 dut~rs ot rece~~er. in hke case~: and sa~d appo~n~ment shell be made by the court ac a matter of stnct risht to ~ the ~1~xtga6ee, and without rcterence to thr aJeQuac> o• madrqwcy of the value o( the property hereby mort6aged, or to the.solvency ur iacolvency nf the \lort6agors or any other party defrndant to .uch_su~t. The ~tortaa8« hereby~ specif~eally ~aiv~s thefi~t to ob~ect ~ tu ~he appo~ntment o( a rece~ver a~ a(wesa~d and hereb~ rnpressly ccx~~ents that such appomtment shall be made as ao admuted eymey ~ and a. a matter o[ absolute ngAt to the ~1ottEagec and tha~ the same may be dnne Without not~ce to the Nort6a6or. ~ ) If fexeclosurc prixcedin~s should be ~nsuwted~aga~nst the properry co~ered by th~s mortgage upon iny other I~en or cla~m whether ~ alle6cd ~o be supena or jmior to the :~en of th~s mnrtgage, thc Nortga6ee may at h~s opuot~ immxd~ately upon ~n.titut~on u( wch su~t ~ ex dunns th~ pcndency iheteof dec:are th~s :nortgaEe and tht ~ndebtedness secured hereby due and payable turthwuh ~nd m~y at ~~r opuon proceed to f~xeclose th~s mor~6aEe_ (61 That the \l~:6a6or w~ll kecp aIi rcal and petsonat pco{xrty nox a hereafter encumbered by the iun of :h~s mortga6c inwred as msy ~a be requ~rcd frexn t~me to time bp the ~lurtgagre a6ainst los~ by hrr, M~nJ.tam and oth:r hacards, ca~witie. and cnnun~ennec for such penodc and tor not le,s than such amounts as m~}~ bc requ~rcd by the ~Nurt6a6ee and tu p~y promp~ly when duc all prcmiums (or such x msu~ance_ The amounts of ~nsurance requ~red by the ~turt6agee shall be the m~mmum amount~ for wh~ch sa~d inwrance shall bc written _ •nd it shall be ~ncumbent upon the ~brtgagor to ma~~tam .urh add~uonal ~nsurancc a. may be nrcessan to meet and iomply fully u~th alt ao-~ncurance rcquirementr conta~ned ~n ~aid pol~c:e~ to the end th~t [he tia;d \lortga6or is nof a co-in.uror thercunder.ln,uran~e ~ . shall be wri~ten Ay a company or cixnpan~ec approred or designated by' the M~xtga6ee and all pohc~~s and renawal~ thereof shall be helJ i fiy the SI~„t6agce. All detailed des~6nat~on. by Ihe A1ortEaRor uh~ch are acctpted by ihe ~SortEa6ce and all ~geements between Nort;a~o~ t. and A:ortga6ee rc{ahng to msurance, nov ca~sUng or herea(ter made, shall be in wn[m6 anC shalf be a part of th~s mort6age asrcemem y ~ as (ully as thouEh set (orth ~eebahm herem and shall guvern both parties hereto and the~r succeasvrs and assi6ns. No Len upon any of ~ a said pohc~e. of msur~nct a upan ~ny~ rcfund or rcwm premium whish may be payable cx~ the cancellat~on or termmauon thereof, .hal! bt 6~~en to other than the Mort6aEce, eacepc by prope~ cndorsemenl a((~xed to such pol~cy and apptoved by Mor?6~6te• Fach pol~c~ ~f ~nsunnce shall ha.c a:i~aed thercto a Standard NeM Yak Nort~a{ee Cla~se W~thout Contnbue~on, mak~ad ~11 loss ~x losses under .ueh ~ pol~cg payablt ~u the ~fortpsec as uc ~ntcrest may appear. In the event any sum ut sums of money become payabk abereunder tAc ~1~xt- ~ ~ K~6re .h.ll have tht optioe to rece~~c and appl>~ the came on account ot the ~ndebtedness hercby s_cured, or to permit thr \1~rtg.K~~r to rtce~rc and use ~t, or any part thereo(, wrthout thercby rai~m6 or ~mpsinna any equity, I~en, or nght under and hy ~u[uc of th~. ~ mort~ase. In event ot loss or phys~ral damagc to the muttgaged prope•ty the ~1ort6agor shall E~ve tmmcd+a[t nohce therr~i( b}' ^e~l t„ . Ihe ~Iixt~aRee ao.1 the ~t~rtgagrt me~ makr pr.u,f ~,f 1.~~. ~1 thr .ame is nM malr promptly b}' !he \tor~gegor. In e~rnt nf Iurc~l~~.urc o( . . ~?.~00 ~26~1 ~ ~ t~ ~ - - ~ ~ ~ ~ ~ _ ~ ~ V # ' ~ ~._s~ ~ _ ~