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Home My WebLink About2404 ~ ~ 1'Rt?VlnNll, AI_NAY~. thal ~f the ~twt~+~~?r .h~ll p~~ unto ~he ~+lett~s~ee the ~~iebtedness rv~dt~c~eJ h~~ a ~~~~+u~ M~Nn~.~~xY rwte .?f wh~ch the f~ll~~v?~n; in wutJ~ and fi~utea ~a a true c~~py tcrv?~t i_~~250.00 ~ert Pi ~p~ ~a;,y March 24, t9~3 F'OR VALUE RECElVED I promi~e to pay to the order ot _ SOLOMON H. FRIESNER the principal wa~ ot THREE THOUSAND TWO HLTNDRED FIFTY AND OOLLARS, to`ether with interest thereoe iwm date at the ate oi tea pereent. pa annwa ueW maturity. both priacipa! snd intereat bein~ paYabk in lawtul money uf the United ~tata at 2244 8iwyne Blvd., Miami, Fbrida, or at wch othet plue u the holdus hereof m~y designate in v+ritina. Principd and inter~est payabk in iastaqminb ar tdlowr SIXTY-FIVE ($65.00) DOLLARS per month, beginning on the 1Sth day of June, 1973, and continuing on the 15th day of each and every aaonth thereafter until paid in full. - This note may be prepaid in whole or in pact a[ter one year [rom tbe date hereof upon payment of a penalty equivatent to five percent of the principal swe papaid. Each installmeot parnient shall be credited ~nt on the interest due, and the remainder on principal; and intrre•t ~hall thrrr- upon cease upun the pri~cipu so credited. 7he makers a~d ~ndonets o( this note further a~ree to waire demand~ notice of non-payment and pwtat. and in thr event uuit ~iali be brought [or the cotlection hereof. or the same has to be collected upon demar~d of an attorney. to pay reasonsble attorney F fcr~ ~or maki~ wch cdlection. DefeKed pay~eients hueunde~ ~hall beu interest at the nte of ten percent per annum irom maturiry untit ~aid. 7'hia note ia ~ecurtd bp a mort~e oE cvee d~te huewith and 'u to be co~ttrued and enfor~ced ~ecordu~ to the I~ws of the ~tate ot Florida; upon detwlt in thep~ ymcot of principal andlo~ inta~est when due. the whde eum of principal and interat rrm~inir~ unp~id ~hdl. at the option of the holden, bccon~e imme ' due ~nd yable. .1~, _ f'~ ~ ~ ~ ~ ~ , ~ ~ ~SEAL) (SEAL) -rr~d si~~ll pCrfMm, comply with and abide by e:ch and tvery the stipulations. agreements, conditions and cov~- nant~ uf ~aid promissory note and of this deed. then this deed and the estate thereby created sha11 cease and be null at~d void. . 1. "I'he Mortgagor hereby cuvenants and agrees: l~1 To pay all snd s~n~ular tAt a~~~~w~ and interest aod oiher sums of money psyible by vittue o( said praaissory nv:e .nd ~h., deed. or e~tAe~. pompUy on the daYs respectirely tAe same severally ~eeoaes due. . 7•• ~+ermu, camm~t a sut(er ao vraste a~d to ma~nta~n the imptovements at all times in s state ot ~ood repair snd cond~uw•, .nd ~o do .x prrmn io be done io sa~d prem~ses noihias Wat .rill alter or c6anse t6e use aad aAuseter ot said property or ~n anr,~ay ~mpa~r w i ~eakee cnr cerunty o! ebis swt~a~e. And ia case ot tAe refusal, aetleet or iaability of Me Mort~a~or to repair ~nd saieu~n +aid prnpcr. t. ~y, ~se MatpRee ~say, a~ his opt~aa. ~eake auch repaire or cause the s~~se to bt made, and ad~~nce ~eoaeYs in that beh~l(. - 1.1 To pay all and siasulu We tsxes. +I~sessa~ents, Icrus, liabilities. and obliptions of e~ery nature an ssid described property each ~ns r~ery ~Aen due aad payable accordinj to t~~, before they becane delinqueet, aeid to delirer Io tbe Mataa~ee on or before M.rch ISth o~ escA year tas receipts ev~deecin~ the payment o( all la+fully ~mposed taxes tor.~he precedie~ c~lendar year; to ~ndemni(y the ~ 1 llkttt~a~ee upon Ais demaed tor all taies, asses.men~s and char~es tAst .ay Ae sssessed upn this~ortja~e on the iadebtedne~s ~ :ured ~ereby, and paid by the mort~~~ee, ~itAoo~ reeard to anr 1sr beretofwe enscted er Aereatte~ to be enacted imposinR ~ayment o: [he .holc w anv.~art theteot upon the Mixt~a~ee. ldl I~. pay ~U and s?n~ular the costs, char~es snd expenses. includin~ lavyers' (tes and ~bsttact coxts re~sonably incurred pa~d .~n. i~m~ hy the A1or~~as<e because ot tAe fa~lure on the part o! the Mort~asor to perfam, comply w~th aed abide by each and .erp ~he ~~~~wta~+ons, ayreesents, coed~tions and eovenaats of s~id praoissary note u~d this deed, o~ either. and erery sucA'paymeni .h.ll oear ~n~cr..i (rwn d~te a~ the ~ate of ten t 10'~i) per cen~wn pcr ~nmua. , ~c1 I: furtAer corenanted aad a~reed br said par~~es thst in the event ot a suit bein~ inst~tuted to faeclose this morteaa~, ~~e ~t~.r~. ta~ee .hslt be entftted to apply at sny tise peadins sucb forecloaure suit to Ibe court barina jurisdict~on thereof for Use sppo~ntment o( a rece~~et of all and ain~ulat tAe uon~a~ed propertr, and ot all rents, incanes. profits~ issues and revenuea tAercot. Bae Mhatsoever .ource denred; and tAereupos~ ~t is hereby expreaslr coveaaeted aad a~reed that the Court sh~ll fonh~ith appoint ,ucA rece~rer w~th the u.w! power~ and duties of receivets in like csses; and said appo~ntment shall be m~de by t6e court as a matter nf strici ~i~At to che ~tcwl~a~et. ~ed vitAout reference to the adequacy a inadequacr ot tht valut of the property herebr mort~aeed, ~K ~u [he .nlvenc, .K insolvency ot the Mortp~ors or any other p~rty de(eedant to such suit, The M«es,sa +~«<eY :a~~r~~i~r »~~~~~s the r+~h~ ro~.A~ri ~o tAe appo~ntercnt ot,a receiver as atotesaid and hereby e:p~esslr eansenu tAat sneh a0pointment sAall be made •s an admitteJ cy~.~~ and a~ + matter o( ~bcolute ti~ht to the A~Iortp~te and that tAe saale iesy bt daae r~thont notice to the ~1ort~a~Or. li ) If ta..locure proceedinp should be ~nstituted a=ainst the ptopetty eorered by Ihis oottµ~e upon sny o~her lien or claim .he~Aer alle~ed to De supenor ot junior to fhe lien of tl~is mort~a~e, the Nortp~te essy at bis optloa ima?ediately upon ~nstituuon •f .u.h .u~t a durin~ tAe pendencp thereot declare tAis mortsa{e and the indeAtedness secured hereby due and pay~blr t~xih.r~~A anJ m.+y ,.r oDUa+ Pruceed ~o faeclwe th~s morlsa~a I~i TA.i ~he 1Aortp~or r~11 keep all re~l and ptaoeal propertq nov a htreafter encumbered by thc lien of :h~s mort~a~e ~nsureJ •s m.y De requ~red lrom i~nrc to ~ime by tAe Mor~s~=te aj~~n~t loss by fite, w?nds~orm and aher h~zards, caswlut~ and cooun~enc~e~ (-.uch pencds and~ tor not less than such ~mounts as awy be requued by the MottN~ee and to p~y promptly v~Aen due' all prem~ums •~r .uch ~ ~n.urance. TAe a~ts of ~~sut~nct teQwred by the N.rrt~asee shall be tAe m~n~mwn sroounts (or ~•h~ch ss~d insurs?+.e sh.ll bc .~~:.•n ~n.! .ha11 se ~ncue~bent upon the Mort~sso~ to ma~ntain auch add~~~oaal ~nsurance a~ may be nece~~an w mett arw .ompl~ t~U~ +~~h .1! .w~esutince rey~~reiaeets comamed ~n said pol~c~t~ to the tod thst the said Mottp~ot ~s na~ a co.msura thereunder.~n.ur~nce .h ,il rnnen tiy a con?pany or ~umpan~e~ ~pprnreJ ur des~~nated by the Mn~tpset and a1) polic~e. and rene~.l. ~hercof .ha1: 4r Ae1J tn. ll~wtp~ee. All de4~led des~~nsUO~~ bY the Mnr~E~~a which are ~cupted br tAe Illott~a~ce •nd atl a~reeme~t. ee~reen A~. r~ra~o~ and Mw~~~~ee relat~n~ h. ~nsw~nce, nar ea~st~nR a htre~tter made. shall be in w~~tin~ ~nd sh~ll be a p~tt of tlt~s quitl~a~t aR~remt~t as (u;lv u eAourA set latA re~ba~~+a Ae~tee and sAsU snvem botA p~tties heroto snd their srcce~iers and ass~{n~c. No I~en up .ny ~~f .a~d pol~ciea u( ~eau~~nce o~ upan any re(und or re~we prea~iuw ~rh~eh ~y be ay~ble on tAe c~ncellslioe a tennma~~on ~here~~t, .hall ne ~~ven a~h:r ~han ~Ae lNo~t~~~ee. eacep~ by prvper eadassAtat •ffiaed to sueh pol~cy and ~pprored byMort~stce. Fach p~!,~~ inwr.nce sl+all h,~e s(6aed ~Aere~o • Stand~rd New~ Yat Ma~~a~te Cl~wt .~ibout Conu~bu~~on, makin~ all loss .K lo..e~ unJ.r •ua!• N•,I~.) payablr i•• ~Ae Mor~N~ee •s ~~s ~nterost n~ay ~pOesr. In the event any auw o~ iw~u of naney beca~e ay~1~• ~.rernJCi a.••. K.~rer .hall h~.r ~Ae opaon to rece~re and apoty [Ae same on account ot the in0ebteMess lureby sec~red. w ;,m~~ ~A: ~t r~ „ eo ~.~.~.r and ~.e i~. a snY part tbereof, ~~thout theree~ ~s~vm~ a im0~~nn~ any eq~ur. liee. Of f1~Ill 4fIJlt .nd +v .wt.: r:- n~*~~~~e. In t.:n• of lo,~ w pAys~cal da~na~e to the n~or~~s~ed ptoperty the MortN~ot sh~ll ~~re ~awred~~te nou.c ~~.rc..~ ti-..,. • ~A~ ~1w1~a~te ..n.! tAt Nor~sa~ea m•y rr~kt pruof ln.. if the s~int ~a nnt madt pon?ptly Ay ~hj ~lott~~~a. In .~em .~1 I.~re. ~ urr . • . r. Q( t _ _ ~i2 FA~f2404 r~ a ~ ~ ~ ~ - - - - _ . , ~ Y 4.w ~ :