The URL can be used to link to this page

Home My WebLink About1009 ~ j ~ 'R 1 t;U~ PROVIpEI1, ALWAYS, that i~ the Ma~~a~a shalt psy urito the A+~o~t~a~ee the indebted~ecs evidenced by a cett~in Dtomi~so[v note o[ which the tollowin~ in words aad fi~ut~s is a ttue capy tawit: ~ ~9_J~ f ~.~~~5 _ ~d F~~Y...~~.~_~'la~ C + ~'ORVALUEREC'ElVED iointly and severallvi proa~~.e~o~.p to tAe order ot SAMUEL BAKER AND KATHERINE BA ER the ncipalwmo[~HI~FE THQUSAND TKREE HUNDRED TWENTY-FIVE ANDO . , tl~eraitlFiwta~l t!?a e~on twm date at the nte ot tew percent, pa annnm uetil iaataeiq, botl~ p~nc+pal and iat~erest bei~ payabk in lawt~l iwo~ey ot the f Unitea Stata at 2244 Bi~ca~?ne Blvd.. Miami. Florid~. ar at a~eii otl~u pl~oe as the hdde~a heecof nia~r icsi~ate iu vrritios,. Principal and intettst payabk in iMtalhaenb a~ foibrrs: SEVENTY ($70.00) DOLLARS per month, beginning on the 15th daq of May, 1973, and continuing on the 15th day of each and every month thereafter until paid~in full. Thi• note may be prepaid in whole a ia pat dter one year irom tAe date bereot' upon payment d a penalty eqaivaieM ` ~o five percent ~ the principtl sum ptepaid. Esch in~tall~nent p~aynient shall be credited fiest on tks interest doe. awd the ~eiasiader oa peiaeipal: and inteer:~t ,duU tbeeF upon cease upon the principal w credited. 7'he ~nakcrs and ~ndorsea ot tha note fu~ a6ree to waive deenand. notioe oino~-p~Yn~ent and pcoted, and in ~he a?ent a~it _ ~hall be brought fot the eolketion l~ertot, o~ tbe wne has to be eolkcted upon demand o[ ~n attomey, to pap reaeonabk attor4e~?'s irr~ (w makin~ ~uci~ tolieetioe. Deferrcd pa~rments ~em~nder ~hdl bcar inteer~t at tl~e nte of ten pereent per anmm~ from matw+h? unW p~id. This note ~ acue+ed bq a mort~e of cven date henr+it6 and is to 6e oo~bued and a~faced accading to d~e tws of d~e ~tate of Florida; npon defwlt ie tl~epay rneot of principd andlo~ intere~t ~rl~en due, the ~+hde w~en d pnne.ipd and inta~d renyinint uapaii shdl. at the optiou of the hoiden, bx~ i~unedi~tdp dae a~d M?a6k. , - ~i.~-~.~.. ~ ' ~5~1.~ ~ ~~~•C~ (sEl?l.) ar~J shall perform, comply with and abide by each and every the stipulations, agreements, conditions and cove- nants of said promissory ~ote and of this deed. th~n this deed and the estate thereby created shall ccase and be null and void. l. The Mort~ator hereby covenants and agreer. To p~y afl and s~n~ulu the prmcipal and interes~ and other swos ot money psysble by virtue of said prom?asory note ~nd th~s deed, or either, panp~ly on the days reapeuivcly the ssme sever~lly becomes due. lb) To petmit, coamit or sufter no raste a!~d to ms~nuin tde improvemenb at all tie~es in a st~te ot ~ood repair and condition, snd to do or perait to be done to s~id prcoises aotAin~ that ~rill alter oc eAae~e tbe we ~nd chsracte~ of s~id propertr or in ~ny way imp~ir or reakee tbe securi~y o( this npr~~a~e. And in c~se of the retusal, ee~lect or ioability ot tAe Mort~~~or to repair and m~inhin s~id proper- ty, the Mortp~ee m~y, at his option, make sucA repairs or cause the samc to be m~de, and advance moneys ie that beh~lf. tc) To p.y atl aed ain~ulu we c•acs, assessmcnts, lev~es, liabil~tie~. aad obliNtions of every nature on s~id deacribed poperty eacb and every .hen due snd payable accordieu ~o lar, be(ae they becoae del~naueat~ aed to deliver to the Moct~~~ee on or betae March lSth of e~ch year ua receipts evideacio~ the payment o( all I~wtully ~sposed taaea tor.the precedin~ c~lcndu ye~r: to indemnity the Mat~a~ee upon hia deauad for all taaes, assesamenta ~nd char~es that ~aay assessed upon thia matia~e on the indebtedness s•- cured Ae+eby, ~„a ~•;a er u,~ mortj~see, rithout re~ard to ~er 1~~ 6eretotate ce~cted or here~fter to be.eaacted imposin~ ~ysent ot the .holc w any ~art thereot upoa ~he Mortp~ee. (d) To p~y all and sin~ulsr the costs, chat~es and ezpenses. intludin~ I~~ryers' feea and abatr~tl costs reasonably incurted or p~id at ~ny time by the btat~~~ee because of the f~ilure on the part o! ~he Moitisiot to perlotm, comply ~rith and abide by e~ch ~nd every the atiPulat~ons, s~reeme~ts, cond~tiona and corenants o( s~id promissory note and tAis deed. or e~ther, and every euch'p~yment sAall be~r ~nttre~t (ran date ~t the ntt ot ten (IOS) pcr centwn pet aaaum. ' (e) It i• fur~het coven~ntsd ~nd a~reed br ~~id ~rties th~t in tbe e~ent ot a suit beins irutituted to foreclose this mort~a~e, the Mat- ~ q~ee abal! be eAtitled to apPly •t ~ny tia~e pendins sueh tonelosure suit to the court ha~ina jurisdictim thereot for tAe ~ppointment i of ~ r~cei~er of ~11 ~nd sin~ulu tAe isort~~~ed proocrty~ aed ot ~11 reau. iecaaes. profiti. iawes and revenues thereot. ftos rrh~tsoevcr swrce deri~ed; aed thereupon it ie herebr e:presslr eoven~eted ~ed •sreed t6at tse Ca+rt aAall (onh~iW appoint sucA receirer rith J [he usu~l po+ers sad duties of receivers in like c~ses; ~ed a~id ~~ointmcnt shall be aude by t6e coun ~s a m~tter ot strict ri{bt to } We Mort~~~ee, and vritAout refere~e lo the ~dequacy or ia~deawey o( the •~lue of the propcrty hereby nwrt~~~td. or to the solrency ~ or iniotrener of tA~ Mortjs~ors or any o~er pariy detendant to aucA suit. The Mwtsisa herebr ~yecitie~ily vraive~ the r~~ht to ob~ect to tAe ~~oiatweet of ~ receiver as ~(ares~id ~nd hcreby e:pte~ily censent~ tlut iuch ~ppointment sh~ll bc s~dc ~s an ada~itted equ?ty ~nd ~ s~tter of ~bsolute ri~At to the Aiat~a{ee and th~t tbe ~~se auy be da~e ritAout notice to the Mottp~or. (f) Jf faeclosure oroceedia~s should bt iostituted ~~sanit the ptooertr corered by this mottu~e upon anr other lien or cla~m ~rAetAer aNe~ed to be superior w junia to the lien ot tl~ii oat~~~e, the Motts~~ee may ~t his option immedi~ttly upon institution of sucA su~t ar durin~ thc pendencr t6ereo( declare this mort~~~e and the iadebtedness saured herebr due ~nd ~y~ble fo~tlir~th ~nd m~y ~t i~s ootioe_orocced to foreclo~e ~6ii mort4~~e. _ , TU~t We MortN~or will keep all reat ~nd persoe~l property no~r or here~tter encursbered by the )ien of tbis mort~sae insured ~s msy be required trow ti~e to tiee by thc Mort~~~ee i~ainst los~ br fire. vindstorm ~nd other h~s~rds, c~swlties and coet~n~encies tor such oeriod~ and tot not le~~ th~n ~ucA ~wounts as ~y be ~aquired er the lilortq~ee and to aY proa?p~ly wben due ~II prem~wns fa s~ch iniw~nce. The ~aounts of ia~wu~ee required by t6e Morts~~ee.ib~ll be tbs ainiaowa ~nwuots tor whicA sud insur~nce shsll be rntten ~ed it sh~ll be incusbent uPOn the Nort~~jor to s~int~in such ~dditioa~l insur~nee ~i msy be necessary to meet ~nd comply fully W~th •11 co-in~ur~nce requiresents eont~ined in s~id oolicies to t6s ssd tbat the said Mat~a{or ia not ~ co.ins~rot thereunder.lnsur~nce ~A~11 be ~rnttea br a tomP~ar o~ copaaita ~Pptored a des~jn~ted by tht Mott{a~ee ~ad ~11 pol~cies aad rsnerrals thereot sh~ll be held , by tAe ~{pt~a~ee. All daailed desi~tions br the Mon~~~a vhich ue accedted trr the Mort~a~ee and slt yreaaents 6ei~reen Mort~~~or aed Mort~~{ee rtl~un~ to ~asur~nce. nov siistina or he~e~fter ~~de. aA~ll be in ~rritia~ ~nd sh~l! At ~ patt of this mat~asc aRreeme~t fully tborjh ~et lortA rerb~t~w bersin and ~h~ll ~overa botA arties hereto ~nd ~Aeir successas sad ~ssi~ns. No I~en upon ~ny ot s~lA oolicies of ~nsw~act or uoan aar tefYnd o~retwn ~eiei~ whicb ~ur be ar~ble on tAe eascsll~tioe or ternnin~tion thereof, sh~ll be ~~rcn tu other Man tke Mort~~ses. esceOt 8r oropcr endwae~eet •(tited to ~utA aolicy aAd ~Ppored br ?latjt~ct. Each pol~cy of inarr~ece ~hall h~re •(fiaed thcreto ~ iqnd~rd Nsw York Mat~a~ss Cl~we ~itAoYt Coneribuaon, an~kin{ ~11 loss a losses under auch oolitr ay~elt to tAt Matpiet iea ~n~e~e~t nur ~~ar. le tA~ ~vset asy ~w~ or.swu ot nqneY becoae oay~ble the~cunder the Nort- ~~~ee ~6a1! ha•e ibe oPtian to receive sad ap?lr ebe aaws oa seeorut of tbs indeetedne~s Aercbr sec~rcd, or to oeneit Ihe Mat~sFor ~o rscsi~e ~~d ws ~t. a~nY art 1*ereof. ~~tAoYt tAers~y ~~ivie~ ar is~~~ri •ny t~~. lya. or n~ht undcr and by v~rtYe o( thia wai~ye. 1~ event of Iwi or pl~y~ic~l d~~a~s ~o ths eerys~eQ orooenr We 1~~msed~~tt not~ce therto/ br ma~l tw tAc Mor~pjee snd tAe Alorts~{et w~r ~aks ~oof of loss i[ tbe sune ~s not isade~os~p~lr ~ tht Mw,taa{a. (n eveni nf (ure~l~.u~c nf ~ ~Z~2 ~r1~ ~ ~ _ _ ~ _ .z, _ ~ ~ .