The URL can be used to link to this page

Home My WebLink About2741 PROVID~(1, AI.WAYS, that if the ~lort~a~or :hall pay unto the Mott~~~ee the indebtedocss evidrnctd hy a ~etta~n prom~a~ay note ~f which the foilow~in~ in words and fi~ures is a true copy taw~t: s 4_125..0_0 F~~~ ~a;d, A ri1 19 ~ 73 • _ ~ _ ~ FOR V~4UE RECEIVED WE, jointlv and severally, promi,e eu p.y to the o.de~ ot _ MORRIS NAHMIAS AND ELI2ABETH NAHMIAS HIS k'IFE the pnncipal sum of FOUR THOUS ND ~ ~ , toaether with interrsl thereoe trom date at the nte of ten pereent, per annuni until maturity, both principal and intere~t bein~ payable in lawful money uf thr United State~ at 2244 Biuayne Blvd., Mi~mi, Flotida, or at such othe~ place n the holders heno( may desianat~ in writina. Principa) and intetrst pay~blc ie in~tallmcnts ~~ollo~+s: EIGHTY-FIVE ($85.00) DOLLARS per month, beginning on the 15th day o£ June, 1973, and coMtinuing on the 15th day of each and every month thereafter unti2 paid in full. Th~s note may be prepaid in whole or io part attet one yeat trom ~he date hereo( upon psyment of a penalty equivalent [o f~ve percent of the principal sum prepaid. f ach in•tallment payment +hall be rredited fir~t on the intcteat due, and the temaindet on prineipal; a~d intrK.t :hal) ihrrr- upon c~ase upun the pnncipal ao credited. Th~ m~kers and ~ndorsers of this note further agne to waire demand, notice of non•p~yment and pwtest, and in thr evenl suit +lull be brouRht for the collection hereof, or the sam~ haa to be eolle~ted upon demand o[ an attorney, to pay reasonable attomey's (rr. fw making such collection. Deferred paymentc hereunder eAall bear interest at the nte of ten percent pet u~num (rom matur~ty unti! paid. 7'hi+ not~ is xcurrd by a mort~e oi even date herewith and ia to be consteued and e~forced aecording to the laws of the ~tate o[ F'IMida; upon default in the payment of principd aedlo~ intece~t when dut. the whole sum o( Principal and intectat rrmaining unpaid aha11, ~t the option of th~ holdera, becomt immediatel due and payaWa S_ rJ ~r~,/'~;~_~.~.; c_:.-~~~,,~.~.(SEAL) ~ f~' - ~ L _ ~ (SEAL) ar~J ~hal1 perfexm, comply with and abide by each and every the stipulations, agteements. conriitions and cove- nar~ts of said promissory note and of this deed. then this deed and the estate thereby cteated shall ceese and be null ar~d void. 1. The Mortgagor hereby covenants and agrees: ~ (a1 To paY all and ~~n~ul~r tht princ~pal a~d ieterest and other sums ot money payable by virtue ot said praoissay note and th~s deed, or eitber, promptly oe the days respectirely the same severslty becomes due. (bl To pe~m~t, comm~t or su(ter no waste aod to mam~am ~he ~mproremeets at aN hmea in a state ot sood repair snd cond~tion, aad to do a peris~t to be done to said pemisea noih~ns thst x~ll slter or chan~e the use and cAatacter ot said property or in any rray impair or reakcn the secunty of this nart~~~e. And in case of the refusal, ne~lect or inability ot ~he Mort~s~or to tepair aed main~ain said proper- ty, the Mla~p~ee may, at Aia opt~on, mske such repairs a cause the ssme to be msde, aad sdvance moneys in thst behalt. (cI To pay ~II and a~n~utu the tsxes, ssscssments, leries, lisbilities, aod obli~ations of every patutt on ssid desttibed property each and erery ~rAen due and payable sccord~a` to lavr, be(are tAey becaae deliaoumt, and to deliver to t6e Mortta~ee an or befae Warch IS~h ot each rear tsa receip~s ev~denc~aa the payment o( atl la+rfulty imposed a:es for ehe preccdios tslendu year; to lndemmty the Martq~ee upon his Jem~nd for sll ~axes, a.ses~ments and char~es tAat may be assesscd upoe tAis mort~ase on the indebtedness cured hcreby, and psid by the mort~a~ee, r~thout re~ard to any la~r heretofote enacted or heteatte~ to Z?e eaacted imposins ~ay~aent o: i the whole or any rorl ~hereof upon the M~xtp~ee. ' 't (dl To pay all and sm~ular the costs, char~es and expenses, ~ncludins laryers' fees snd abstrut costs teasonably iacurred ~x pa~d at ~ any t~me by the Mortjasee becauce of the (ailute on lhe part of ~he Mortpjor to per(ona. comply vitA and abide by tach and every the E stipula~~ans, atreementc, cond~tions and corenants ot said proaissory note and th~s deed, or ei{het, and every such'paymeat shall bea~ k mtcrest from ds~e at the ra~r of ten (IO'L) per centum per annuw. ~ (el It ~s further corenanted sr+d a~rted by sa~d part~es that m the evenl ot a suit beir?s instiwted to (oreclose this mottpse, the ~Sat- i ptce shatl be enti~led to apply at any ~ime pend~ns suc6 foteclosure suit to tbe coun ha~in~ jurisdiction ~hereaf for U~e ~ppo~ntmen~ ~ ot a rece~vet ot all and sin~ulst tLe so?tq~ed pro~erty, and of all rents, incanes. pto/its. issues snd rerenuea thereof, trom rhatsoever ~ source denred; and thereupon ~t is heuby eipreasly coveaanted sad a~reed th~t lhe Cwrt shall (orthvith ~ppoint such rece~ver .~th € the usu~l powerc and dut~ea ot receirers in lite c~ses; and said ~ppointment shyll be made by the eourt ss ~ e~atter of strict ri~ht to ~ ~he !Nor~p~ee, snd rithout reference to thc adequacy or ieadequacy of the rslue of the proper~y heteby mortp~ed. or to the solvency or ~nsolvency ot the Mlort~s~ors ot any other par~y defeodant to such sui~. The ~Mortsator hereby specitically vaives the n~ht to ob~ect ~ ~o the appointment of s recei~tr sF aforcsaid and hcreby eapressly conseets tAat sucA ~ppo~nureet sha11 be ssde an admitted equny ~ and as a matte~ of aAsolute ri~ht to 1he Matpate ~nd thst the sao~e mar be done orichout notite to the Mort~sso~. (fl If foreclosure p~oceedin~s should be iestituted ~~~inst tAe property covered by Wis ~ortq~e upon any other lien or cla~m whe~Aer ; alle~ed to bt supenor or ~unior to the 6tn of this mortp{e, the Mortq~ee may at h~s optiow ia~medutely upon mstiWUOn ot such su~t i or dur?n~ the pendency thertof decl~re th~s iwrts~{e aud tht iadebtedn~sa secured hereby dut and psysble (a?hwith and may at ; op~~oe poceed to faeclose tl~s sortp~e. ~ (s) TU~t the Mottpsot rrill'teep all tesl aed petson~l popetty oor or heteatter encu~bered by the I~tn ot this ewrt~a~e ~rt~ured as may ~ be required (roe tiae to tise by the Mort~a~ee a~ainst loss by t~re. ~nnds~otm and other hazatds, c~sualt~es and canttnsenc~cs tur such ~ pcr~ods and tor no1 Itss Waa such awo~nts aa aur bt requued by the Mottpaec aad to pay proqaptly ~rhen due all prem~ums (er sucA ~nswsnce. Tbe asounta of insucauce required by tAe Mort~~~et sh~ll be the s~a~ewo asoYnts (or ~A~ch s~~d msur~nce shall be vrntten ° and ~t sAall be t11CYAIfCAI YP011 fAC MOfl~laOf l0 WIAl~16 iYCII adQiuaaaf 1113Yfa11CC if O~Y bt ACCtSSiry f001lQ! illd COfApIr IYIIY tr1U1 s aH co-~nsurance requere~eeu contsined in said policies to the ead thst the sa~d MortN~ar is not a co-insrra thereunder.Inswance ! shall be .ruten br ~ co~p~ar a caw~an~es approved a des~~na~ed by the 1AWt~a~ee and sll pol~cies and reae~als thereof sh~11 be beld ~ by tAe Matp~et. All de4ilcd dtsi~nations br tbt hlottp~or rh~ch ue ~ccepttd br tbc 1~lottp~te snd sll ajreesents betvetA Motti~~or ; and Moryaaec relitins ~o u~~rr~ace. nor caist~n~ a Aere~t~et ~ade. sh~ll bc in rritin~ ~ad sM~ll be s O~r~ ot ~A~s wortpse s~rte~ent 3 as t~lly •s 1bou~h ¦e~ forlh retb~t~~n here~n an0 shall ~orern botA Parties hereto and tYe~r suceessors ~nd assi~ns. No lien uoon any of ? .~iA Gc~es of ~nsuranct a r 0o yon aef refw~A or rewrn ~t~iaw rLitb wy be ~Y~ble on the c~scellatioe ar tcn~inat~on tbereof~ shall ? bc ~iven to aAer ~han iAe Morl~stee. ««o~ er ~o~~ endwse~ent affiaed to sucA pol~cy and a~rored by MortN~te. E•cn oo1~~y of ! ~nsw~nct shalf Asvt att~aed thtrtto • Sl~sdud Ne~ York ?lor~p~te Cla~se ~r~tAout Coatnb~non. a~t~n~ all loss w losses w+der s~cA ~ oot~cY p~rsble to tAe Mor~~a~te ,Is ~a~ereai aur a~ear. la the event s~r sw~ or suws o( soner becase ar~ble tAersw~der the ~fort- ~ Ra~ee sAsll h~ve ~he op~ion to rece~re and •~IY au ~ceo~nt o( IAe ~ndebtedwsis bereby secwed. p to Pete~t the ~kxt~sR~r co reu~rs ~sd ~ae a•ny wn thereo(. ~ithoYt Asre4r ~~r~~a~ o. ~.aa~«.s ..r sN~~r, lua. or n~A~ wder a~d by vutYe ot ~h~. swr~~asa In errn~ of lo~s ar DI?ys~csl dama~e ~o ~Me wa~{s~ed ~operty tht Mortp~ot sh~ll ~~re ~wstdutt sa~cre ~hereuf by rr.~~l ~hc Nw.~s~er +nJ ~Ae ~t~a~ce n~~y ins~~ ~o~.f nl 1,~.. ~1 ~h. .sn~e no~ rnsde pwnp~lY by ~he f1a~~~or. (n eveM (ure~lr~.we o( • 80CX J PAC? +G ~c) / - _ _ - z _ ~ - ~