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HomeMy WebLinkAbout0991 i 1. To pa~ all and aingular the principal arul intereat and other suma aj money payable by virtue oj said promisaory note- and tltia deed, or either, promntty or? ahe daya respectivety the ' same severally become dtts. ~ 8. To pay all and singular the taxea, aaaeaamenta, levies~ liab~Titiea, obiigatiana, attd erecum- ~ brances oj every nature on aaid deacribed property. each a»d ever~/, and if the same be not prompt- ty ~aid the said Mortga~ee-, his heira, legat repreaentatives or asaigna, may at any time pay the same without waivinp or aJfeetin~ th~ aption to joreclose or any right hereunder, and every payment ao made ahall bear intereat from the date thereof at the rate of~2-per cent. per annum. J. To pa~ al! and aingular the coats, charges and expenses, including iawyer'a feea, reaaore~. ably incurred or paid at any time by aaid Mortgagee-, his heira. legal representativea i or assigns, because of the failure on the part of the said Mortgagor-, keira, legal representativea or assipna to ~rform, contpty with and abide by each and every the stipulatio»s, agreements, conditions and covenanta of 8aid promissory note_ and this deed, or either. and i every such payment ahali bear interest from date at the rate of~_ ~er cent. per annum. ~ ~ 4. To keep the buildings now or hercaJter on said land inaured in a sum not ieas tha.n ~ ~ the full insurable value ~wx in a company or companiea - i to be approved by said Mortgagee_, and the policy or policiea held by and payable to aaid Mort- ~ gagee-, keira, legal representativea or assigns, and in the event i i any sum of money becomes payable under auch po~icy or po~iciea, the Mortgagee_., his ~ I heira, legal repreaentativea or assigns, sha11 have the apt:on. to receive and i appIy the same on account aj the indebtedneaa hereb~/ secured or to permit the Mortgagor- to I ~ receeve and use it or any ~art thereof for other purposes, urithout thereby waivi,ng or impairing any equity, lien or right under or by virtue of this mortgage, and ma.y pla.ce and pay for sueh ~ f i insurance or any ~art thereof without waiuing or affecting the aption to foreclose or any right ` ` hereunder, and each and every auch pa.~ment. ahall bear interest from date at the rate of_14__ 1 j per cent. per annum. ~ . i ' S. To permit. commit or sujfer no waate, impairment or deterioracion of said praperty. or any I , ' j part thereof. ~ ~ ' 6. To perjorm, comply with, and abide by each and everi/ the atipulations, agreementa, con. i ~ I ditions and covenants in said promissory note-, and in this deed set f orth. i ~ ~ om tt and ull ' within ~I ~ ~ 7. If any of sa:d sums of money heretn referred to be not pr p y f y pa.~d thirtv ~ays next ajter the same severally become due and payable, or if each and every tha ~ stipulations, agreements, conditions and covenants of aaid promissory note_ and thia deed, or ~ ~ either, are not fully performed, complied :vith and abided by, the said aggregate sum mentioned i ~ in said promissory note_ shall become due and ~a.yabie forthwith or thereafter at the option oj ~ ~ j the Mortgagee-, h is h.oirs, iegai represento.tives or assigns, as fully and completely ~ I a8 if the said aygregate sum of FORTY-THREE THOUSAND TWO HUNDRED dollars were ~ ~ originally stipulated to be ~aid on such day, anything in said promissory note_ or herein to the ~ a ` contrary ~wtwithstanding. ~ x ` ! has h¢r¢unto set his ~ ~ ; IN WITNESS WNEREOF~ the said Mortgagor_, ~ hand ~nd seai the day and year firat above written. ~I ~ ; • ' ~ ' ~ ~ ~ ~ Signec~; sl`aled ~livered in_pre oj us: ~ `lSeal) , ~ , \ URELIO RIFI , as rustee ~ ~ ~ f, ~ ` ^ ~ ; ~seal~ ~j ~i ~ ~ . , . $OQK ~Ll~ ~t,''F ~I ~ l-:r~ l~nlr;nn,tN .~;,;~.n„l, ~ RALPH FISCH, ESQ. ~ 549 Pan Amer ican Bank Bu ild ing ~i ~ 1 r~ „ ~ ~ Miami, Florida 33131 II 371-4544 : r _ ~ ~ y ~~~Y - ~.."~v~u:~LS. ; .t.... kacc" . a , . _ _ _ Y.-~ 9s ~-'~.n~S.."r~