HomeMy WebLinkAbout2260 . ? ~ ~ i .
1. To pay aU a~sd ri~uiar the prtnoipai a~d intereit axd otl~er au~na oJ money payabte by
vircue of aaa pr+o~.iaaory nots~ aa~a thia ds~8. or either. prompt~y on tlls aay reapealivety t~e
aams aeverauy beco~ne dwa. .
To pay ail a~d ain~Jar tll~s taxea, aaseaam~nta, Ievisa, Iiab~itiea, obiipatio„a, a~d eKO~aw-
bra~cea of every ~ature on aa~id deacribed property. sacA and every, a~nd if tha aama be ~ot prom~pt~
Iy paid t~le said Mostya~ree~., his ti.~, ~pd r~pr~eritative~ or aa+iy~t, ~ugl ~t a~!?
time pay ths aame without waiviny or aflsafii~ the option to jorse~oae or any ti~11t )~er~uxder,
and enerY Pay~+ent ao made iJraA bear i~tersat ~ron~ il~ date thereof at tha mta o~~
cant. a~aaa~., semi-annually,. and to promptlq send copy of paid tax bil
to I~ortgagee at 420 Lincoln Road, Miami Beach,Florida 33139
J. To pay all and six~aa~ t11e cati, clrarQea and eacpenaes, i~ci~dinp lawyer'i feei, rewo~-
ably ineurred or paid at ariy time by aaid Mort~a~e~. h{ s teyai repreaentatives
or aaaigna, b6cauae oj ths fa~ure ori the part o~ tha said Mortaa~or~., their jeyd
rsprea~ntatives or aasiprs to perforrit. ooa~Ply with arid. abide by each and cvery tlke atipuiationi,
-ayreemanta, eonditiont axd covenants of aaid promiaaory? not~ a»d tl~ia dsed, or e~ther. and
svery sueh payment shaII bear intereat fro~n dats at tl~ ~+ate of~II_ per cet~t. per waaari.
To keep the bu~din~i wow or hereaf
ter on aaid tand inaured in a sear~ not leaa tha+~
the highest insurable value no~, ~ a eampany or eompa.niea -
to be approvad by said Mort9a~ea-, and tl~e policy or poiiciea keld by a~d payabia to sa~d Mort-
9a9e6-i-, his t,.~a, Iayal repreaentativea or assiD~ea, and in t~hs avent
any aum of mmuy becomea payable tender a~ttcll~ policy ot policiea, the MortQaye~, his
~ 1~a, leyal rapreaentativea or asaipna, al~an havs the optio~e to receive and
apply the same ara account of the indebted»esi hereby sec~red or to permit t)ss Mortgagor to
receive and uae it or any part theraof for otAer purpoaea, without tAereby toaivin~ or impairinp
~v, lien or right under or by rirtue or lhis m.ortga9a, a~a may ptace and pay for auch
insurance or any part thareof witliwut waivix~ or aff~etin~ tlu optio~t to foreclose or a~ny riglat
here~rnder, and each and every iueelle payme~nt tll~ali bear intereat from date at ths +at,~ of ten
~ per een~ per anraan.
~
~ 5. To permit, commit or ascf
f
er no waate, impairment or detarioration of_ ~4id property. or any
~ Part thareof. .
e. To perform, comply with, and abide by each and avery the atipulatia~~a, agreementa, con- _
ditiona and covenants in said promisaory note_, and in thia deed set forth..
7. If any of aaid suma of mo~ay laerein refarred to bs not promptly and--fuliy paid ~oithin
fifteen ,~,.~8 n~ after the aame aevaraAy become due and payable, or ij eack a~id svery ths
atipulationa, agreements, conditiona and covenarita of said promiaaory note and this de~d, or
either, are not fu11y performed, compiied witl+ and abided by, tha said a9p~'eyat~ aum me~it~ioned
in aaid promissory not.e shaA become dsr~ and payabia f
orthwith or thereaf
ter at tha optian of _
the Mortgagee_, his ~,Pi.ra, is~ai representativea or aasigns, aa ful~ p~ ~c~~
l ~ c~+~
ad ff thC 3Aad Ogyre~atE 8u~ri Of'~a NiiNi)RFI~ FnRTY FTVF: THnTiSAN~/ ~L,IL~.r~ tOQ!"e ~
~ originally atipulasted to be paid on auch day, anything in aaid promissory note_ or herein to tke
$ contrary not~eoithatandin~. r
SEE RIDER FOR N0. 8. ~
IN tiVITNESS WHEREOF. the aaid Mortg eunto a~~h~iL ~
hand 8 rtnd aeai
s
the da~ and year first abov zorit ~
~
~ S' , ed and d v~ in preaenes oj ua: _ an se~i~
c Individua ~y, joined by his wife
~~i~/ W ~~t~~- (Seaij
DEENA
. i . '
~
i lastr~tnf~nt 1:'es Pr:; ared t3y: ;
~l lr~~ /it.~/rn~ia ~l/ f?rr frurr il l~?~: J~EL P. t~~YR1'itN, kttorney ~ R "
a20 lir,col~ Rd• BQQK 214
~ .•1~/e~RSS Ywlti Baatb. flOndi ~ _
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