The URL can be used to link to this page

Home My WebLink About3516 : PROYIOEn, AI.WAYS, that i[ the tiiort~a~or shall pa~• unto the \bttia~ee the indebtedness evidenced by a certain pco?n~ssory note of wh~ch the foliowio~ in words and fi`urrs ~s a true copy to-wit: ?~a~~r~e Z$ste S 4, 500 _ ~0 Fnrr P; Pr~A ~ F~a;~ December 2, t9_Z! - FQR !'Al.~~ .°.~C~lY£D ' pcomise cu Wy ~cheord~rot CITYWIDE, INC.. A F ori a Corporation !he principa) sum oI rn~r Thn~i car~rj Fi yE+ H>>ndr~rl and nn / 1 flfl ._____DOLLARS, together with inte~rrt ~heroo~ twm date ~t the rate of ten percent, pe~ annum untii maturity, both principal and interest beir~ payable in lawtul money ut the United Statea at 2244 Biscayne Bl~d., Miami, Florida, ot at wch other place u the holJets hereof may designate in writing. Principal and intere~t payable in in~Wlments u followa: Sixty ($60.00) Dollars per month, beginning on the 15th day of December, 1972, and continuing on the lSth day of each and every c~onth3:thereafter ~ until paid in full. . at an time without pen~a~lty This note may be ptepaid in whole or in part~~cka¢~CZN[3d~e~to7[ai7i~ 0~t1Xt~K ~ K!a x4~crF~Xtx4f at~~o~ ~ox~ 3o3t~X Aa~x~idc Each imtallment payment shall be credited Crat on the interest due, and the remainder on principal; and intrr~~t •hall ihr~r- upon cease upun the pnncipal so credited. The makers aod ~ndoree~s ot this note furthe~ ~gree to waive demand, notice of non-Payment and p~otest, and in thr event suit ~lull be brought [or the collection hercof, o~ the same has to be collected upon demand of an attorney, to pay ~ea~conable atturney' frr. tor msking ~uch collection. ~ De(erred payments hereu~der ehall6ea~ intereat at the rate of ten percent per annum (oom m~turity unti) paid. 7~his note ia ~ecured by ~ mort~ge ot tven date hercwith ~nd is to be con6trued and e~forecd according to the laws of t e ~tat~ of Elorid.: upon Zefault in the payment of principd andlo~ inteteet when due, tht whole sum of principal and intetest rcmaining unpaid shsfl, at the option of the holdera, become immed' tely due and payable. ~ ~ , ~ - /sEaL ,Ll(~ c•ic:c ~ .i~ ~'-c"-t:~_ l ) S . . ~ , . , . ~ ~ ~ (SEAL) ' and shal! perf~rm, comply vr~th and ab~de by each and every the stipulat?ons, agr~ements, cond~t~ons and cove- i ~ nants uf said prom~ssoty note and of th~s deed, then this deed and the ostate thercby created shalt cease and bo ~ null and void. ~ ' 1. The Mortgagor hereby cuvenants a~d agrees: s ' la) To pay •II and cineulu the ptinc~pal and ~ntcresr and other sums o( money payablc by v~~tue o( s~~d prom~ssory note and th~s deed, or e~ther, pomp~ly un the days ~espectiaely the same se•'erally becomcs duc. i ~ l~) To permu, comm~t or suffer no wa~te a~d to mainc~~n thc impro~ements at tll hme~ in a state of aood repau aod condrt~on, and to ~ do o~ permu to be done to sud premises nothsn thst w~ll aiter or cAaa e the use and ch~racter of sa~d ~ i proper~y or ~n any ~ray ~mp~~r or re~ken the secunty o( th~s mor~p~e. .~nd m case ot ~hc rc(usal, ne~lect or ~n~b~lity of tht Mott~a~or to repatt and m~~nt~~n ~t~d ptoper. ey, rhe Mor~~aEee maY, at his opt~on, make sach repaus or cause ~he ssrr.r to be made, and advance moneys ~n that beA~lt. (c) To pay all and sm~ular the t~aes. assessmems. ?erus. IuDili~ies, and obli~~tions o( every nature on sa~d dcseribed property each ~ aad every when d~e and payable accord~nj to la~, before thcy became del~nquent, and to del~verto the Mort~a{et on or betote N~rch ~ IStA of uch year tax rece~pes evldencin~ ~he pa~ment o( ~11 Iawfully imposed t~ae~ for the prcctd~a~ utendar year, to indemndy the 's Mort~~~ee upon h~s demand (w a11 tsxes, asseecments and char~es that m~y assessed upon [A~s mort~a~e on the ~ndestedness s•- ' cured he~eby, aed pa~d by the mat~a~ee, w~thout re6ard ?o any I~w here~otae enacted or heresfter to be enacted ~mp:.s~n~ ~~yment of ' the whule or any ~art thereof upon the ~tor~Rasee. i (d) To pfy ali anQ s~njular ehe cos[s, char~~s anJ eepences, includ+n~ I~wyers' fees and ab~tr~et costs reasonably ncurred nr p~~d at ; any t~mt by the Mortja~te because o( the fi~lute on the p~rt of the ~tort~a~ot to perform, comply r~th and ab~de by e~ch and every the ' ~t~pulat~ons, a~recments. cond~t~ons and covenants of sa~d pram~s~ory nott ~nd th~s deed, or e~tAtr, and e~ery such~p~yment shatl bear ~ ~ntereat from d~te ae the r~te o/ ten (10~) per centum per annum. (o) (t i• furihet coven~nted ~nd a~resd by aaid put~es tAst in tAe event ot a su~t bems mat~tu~ed ~o toreclose thu mort~ase, the Mort- ~ p~ee shall be entiUed to spply at any time peadin~ ~ucA forecloaure suit to the court h~r~n~ junsdienon thereof for 1l~c ~ppomtment a of ~ receirer ot ~11 and sin~ul~r the mwt~a~ed propetty, and o( ~U rents, incaees. profits. ~ssuts ~nd revenues tAereof, Iroeo rhataoevu $ ~ource denred: ind thereupon ~e hereby eapresslr covensl~ted ~nd •~rted th~t the Court sh~ll tortAr~th ~ppoint such rece~ver Wuh the wwl porers snd duuea of rece~vers ~n Iite c~see: ~nd s~id appo~ntment sh~ll be m~de by tht court ~s ~ m~tter o( ~tric~ ri~ht ~o = the Mort~~{ee. ~nd without rofeunce ro the ~dequ~cy or ~n~deQu~cy o/ the value o! the proper~y haeby matsssed, or to tfie eolvency 3 or ~nsolrenty of ~he Mortp{ors ot any other p~rty de[end~nt to aueh su~t. The Mo:~~~jo: hereby specd~cally v~~~ves tht n~ht ~o ob~ect to tAe •ppo~ntment o~ ~ rece~ver as atoresaid and hereby expre~sly consents tAat sucA ~ppo~ntment sh~l) be m~de •s ~n sdm~tted equ~ty ; •nd ~s a m~tter of ~bsolutc n~ht to the Mor~~a~et sr+d lhat tAe ~amt may be doae rithout notice to the Mortj~~or, (f) Jf fweclosure proceedinis should be ~nstituted ajsinat tht propetty covered by th~a mort~~~e upon any other lien w cla~m WAether - •tle~ed to De supenor ot ~unior to the l~en o! this mortp~e, the Mort~~~ee msy at his opuon ~mmedutely upon ~nrhtut~on o( sucA su~~ - ar dunn~ tAr pendency thereo( declare th~s mort~~~e and the indebtedness secured hereby due ~nd p~y~ble fwthr~th and m~y ae ~ts option proceed ta forecloae tA~s morta~ae. ; (a1 Th~t the Ma~saaa s~11 keeD ~eal and personal propcrty no~ or l+ere~ftet encumbered by the I~en ot th~s mort~a~e ~nsured as may bt reqwred tran hme to luat sy tRe Mort~~~ee •~unst Iws by fire. ~inds~orm and other hszarda, csswlues ~nd coeun~enc~es for such per~ods and for not less tA~n such ~mounu m~y be requued by tht Mort~~~ee •nd to pay proa~ptty rAen dut afl premiums fa such ' msurance. The ~a~ounts of ~naur~nce requued Sy tht Mort~~~ee sA~ll be tAe m~n~mum_~mounta frn rh~ch s~~d ~naurance shall bc rr~tten ' ~nd ~t sA~II be ~ncumbent upon the Mortp~a to m~~ntnn such ~ddiuoe~l ~nsw~nce sa m~y De netessary to mett ~nd comply tutly s~~h ' alt co-~~iurance re urremtnts conumed in s~~d q polic~e• to t6t tad that the ss~d Morta~aor ~s not s co-~nauror thereunder.losur~nce ~h~ll se Wneten by a cosp~ny or caapan~ts ~pproved or des~{n~tcd by the More~~~ee •nd ~11 polic~es and rener~ls the:cot sh~lt Sc helJ - Dy the MatN~te. All debiled des~~n~t~ons by the Mot~~r~or .h~ch arr ~ccepted by the Mort{~~ce ~nd sll ~retments petreen Morti~~or and JNort~~~u rel~~ma to ~nsunnte, no~r ei~stina ot he~e~fter m~de, ah~ll be in Wnhn~ •nd sh~fl be ~ p~r~ of thu ~r.ort~~~e ~~reemenc •s tully u tho~~h set taiA rerb~Um here~n aad sAa1! sovern botA part~es hereto snd tAe~r successors and ~asi~ns. No lirn upon ~ny of s~fd polic~es of ~nsur~nct ot upon any re(und o~return prem~un~ ~rA~ch m~y be p~yable o~ tAe c~ncetl~tion or term~aatian thereo/, sA~l! - _ br {iven ~u other th~n ihe Mori~~~ee, e¦cept Dr proper endorsement aff~~ed to such pol~cy •nd ~pproved by Ma~~~~et. Each policy nf ~n~ut~ncc ~h~tl h~~e •((~~ed thereto ~ St~ndud Ne+~ Yak Mori~~~ee Cl~use .~tAou~ Contribu~~on, mak~n~ all losa or losses undtr ~uch _ , pot~cr p~y~ste to ~he ?latp~te sa its ~n~erest mar ~ppe~r, In tde ersnt any iwn or aums ot mooey Decane p~yable ~hereunder the 11ort- - ~~~ee ~A~I! h~vt ehe option to rece~ve ~nd •pply tAe •~we oe account ot the ~ndebtedness hereby secured, or to perm~t tAe ~1o~t~aRor ~o rscei~e •ad use ~t, a~ny p~~t the~eof, r~thout tbttebr ~~ivin{ a imp~~r~nt anY eQu~ty, licn, or n~ht under and by vuiue ot eAi, mort~~~e. In event o/ loa~ a physisal dama=e to ~be mayaaeG poperty tAe M«~a.a« sh~ll ~we ~mmed~~te not~ce tAtrtof by rra~l - the A1or~~~~ee and thc ~lort~~~ce m~y mske proof of toss ~f ~he s~me ~s not mad~ prompUy b) Iht Mort~a~or. In e~cm nf fu~e~l~~~ure ~t ~ ~~K~~9 5ii - , : _ _ . _ ~ _ .