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HomeMy WebLinkAbout0080 aw p~rca~~r ~raa~ec. ll) T~ prt~tw, avopl~ ~rltr u~l ablae b~ ac~ ~ai e~~r tb~ ~tlpl~tioas. a~c«meatti e~ndili~w ~ad ce~rnam~ la s~id pro~iuo~~ s~t~ ~ai !w thl~ eo~t~~~ ~et iKti~. il) Th~t it m~ d~aij iwe~ ~f aNaer lietela rote~ ts be at prsw~ql~ ~ea t~117r prid wftblN FIFTEEN d~Y~ oeri .tar u.~..wKaur b.e.... a~e .pd p.r.b1.. K u MeL ua s~renr~y., Nipl~lMw~ ~~eewenls. aonJiti~o~ ~ed eo~ea~nu of ~aia preaiwn aete aed tbl~ s~t~~. K cither. w Nt /rq~ pKl~ed. e~ap'11i~"wit? ~ni aMded br, tbe "~aW.~~~~c~~~e ~um meatioaea la aN ~a~lwr~ aoq slwil ?~c~~e ~e asa M7ra~b t~et?v?iti~ K tMtt~It~f ~l ll~t ~QiII~A ~I IM M~ft~r~N IYU~ ~pd eNOpletd~ ~ U tw aii~n~ a. ..w o..a.r.~.~ wu w.. Kywur .~~~a b. ~.sa ~w ~nel~ i~y. awptUlas ia aIa pr~siswrr ~~s1e K Mnia u tM c~ w at~ary n~twithst~adln~, 1 f) 7Zat i~ K~a q~salerat~ tw ~ata:lt~ d tw i~ MnLr ~ec~rea. ?eeaus el tM I~II~n ~t t`e M~np~or t~ p~r ~ar t~s. we~~M. 1Wilk7. ~Hpti~ ~e MeolKa~q ~pw N{i ~nperi~. ~s I~ela ~rid~d~ it alwll a~t be aeees~u~ ~r nq+~i~ite eb+N 1M Y~tt~« ~bdl flnt p~y ehe s~oe. It i~ specifl~~ sareed ilut time i~ ot t6e a~eaoe of thia oootract aad that no rvai~er ot any obli ation here• nnder ar ot t6e obliaat~on ~ecared 6ereb~ ~hall ~t ~a~ time theredt~r be held to ba a~raivu of the terws ~ereof or ot ~ .~~a b~y. • 3. T6e Mort~a6oe mar. at his option, and ~ritbout ~rai~ his tiaht to aa~ekrate the iadebtednws hereb~ ~ecnred aad tA toreclo~e tLe same, Wr eithex betore oe atter delinque.r~ an~ or all of tho~e outaia abliaatioaa e req~sired b~ tbe esrm. hueut a be p.id b7 tbe Mor~aaor tor tha proteetion ot the mort6aae eecuri or ior tba ool- lertioa oi t6e indebtedne~s 6enby ~eeured. AU sums w advmoed oe paid by the Mortaaaee ~ha11 char6ed into t6e mortaa~e aooonnt and beoome an inuaral part t6ereot. ~nbject in all nspecta to the terms,_ ooaditioa~, and co~enant~ ~f tbe afore~aid promiswr~ note, aod thia mort6a6e, a~ inll~ and w tbe ~ame estent a~ thou¢6 a part of tbe w3~iaal iadebtedaas e~idmoed br said note aad secared b~ thismort~ ~C~ EICEpLln6 ~lONCtQl~ t~t sud snm~ ~hall be npaid the Mort~ee fort6~vith npon it~ dcmand and be in addition to tbe n~nlar mont6~r installmenb provided b~ the mortaa~e note, aad e~rer~ sach indebtednea shall bcar iaterest irom date at the nte of ten per oentnm per ananm. 4. That tl~e ab~tract or abamcta of tide caverina t6c mort;a~ed properq ~hall at all times, anria6 tha lite of this mort6~e, remaia in poese~sion of the Mast~aaee aad in erent of the ioreclo~nre of this mort~a;e or other transfer of title to e mortaaaed propert~ in ezdin;uiahment of the iadebtednas securcd bereby, ~v ~e~, uae .na int,ereat af tLe Mort;aaor in and to an~ snch abstract of tiile ehall paw to the pnrcb~uer or ~rantee~ S. To the a:teat oi tLe indebtednea of the_ Mort;a or to the Mort;~6ee dacribed hcrein or recnred hereb~, tbe Moztaaaee i~ henb~ snbro6ated to t6e lien or lie~ a~ to the riahts of tl~e ownen aud holden t6ereot of eacb aad e~e~? mortaa~e, liar or ot6er incumbranoes on the Lnd dacribcd herein rrhich ia paid md/or ~atiatied, in ~rhole or inpart, ont ot the proceed~ oi tl~e loan de~cribea herein or ~ecnred henb~, and the se~pcctive lien~ of said mort- ~a, liea or other incnmbranoe~, shall be ~nd t~e same and each of them herebr i~ ~raerved and ahallpaa to ~nd be held b~ the Mortaaaee Lerein ar securitp for the indabtedneas w the Mortaa~ee henut dacribed or herebr ~eenred, to the same e:test that it would have bcea prescr~red aad wonld ba~e beea pawed to and been held b~ the Mortaaaee ned rt~ bad it ba+n dnl~ and anianed, transferred, set o~er, and deli~ered ~mto the Mo a~ee b~ ~epu ate deed a~ ~wi~nmtnt, natMritbstan~ e fact that the same ma~ be satisfied and caneelIed ot reoord, it bda6 tLe inteatiad of ~ partses ~to ~tm e same will be satiafied and caaoelled of reoard by the 6oldera thenof at or abont t6e time of reoaediaa rt~'6a 6. In the e~eat the owaership of the martsaaed premiea~, or anp part thereof. becomes vated in a penon oilter thaa the M~.~-~or, t6e ~orta=ae~ m.r, Mrithopt notioc to the Mort~aaor, deal with snc6 ancceswr or sncoasors ia interat Mith rd•~eaoe to this mortaaae and the debt hereb~ secared, in ihc same manner as wit6 the Mot~t{t a~tor wit6ont in an~ ~ra~ viti~tina or d' the Mortaa6or'~ liability hereandtr or npon the debt herebJ aec~red. No sale of tbe premi~s henb~ mortaaaed~~ no forbearance on the part of the Mortaaaee, and no extension of the time for the pa~ymc~t of the debt hereb~ ~ecnred ai~m by the Mo=t~ee ~6aII operate to rekase, discLarae, modif~, chanae or affcct the oriamal liabilitT of tLe Mort6aaor herein either m~rhole or in put 7• The L'ea of this mort~aae secans and ahall oontinne to eecnre paym~at of said indebtednda how+ever e~i• deaced, ~r6et6er by said pmmiswr~ note or any reaewal or eateasion tbereof or anbstitnte, therefor, or otherwise, antil all wch iadebtedneas ahall h~ve Leen full~ paid. 8. The tums "Morta~or" and "Mort~aaed' nbeoerer u~ed in tl~is instrameat ahaII inclnde tbe heits, Personal repnsentati~es, sncoe~sors and _ ae~ians of the reapect~~e partirs hento. ~hher~?er n~ed the ain~ilar nnmber sLaD in- c]ade the plnral and the plaral t6e aiaanLr, md the a~e of an~ 6eadu shall inclnde aD 6endess. - 9. It i~ ooreamted and that ahonld the terms of a moztaaae anperior in di6ait~ to t6at of the herein dacribed mort~aae be modiC~tered or varied, ~ritbont the ~?rittea oonsent af tLe Mort~aaee hezein, thm aad 'm encb e~eat the Mort~ee berein may, at his optioa, declan tbe indebtedneas secured bY this mortaabe to be all dae aad pqablG 10. Thi~ is a pURCHASE MONEY SEOOND IDOl'taa~C DpOII t}lC abOOC 1~dtTibEa ptOpC[t]. . IN pITNESS WHEREOF, the aaid Mort~a~or s hereander aeU TMgR hand aad seal at Miami, Lade Connt~, Florida, the da~ and year fint above ~?ritten. i Si~ned. sealed and deli~ued j ia tLe preaa~oe ot: ~ ! ~ 1 t-~'Yi ~ -~-Qil.~ 7'~~'~~ ~ ' ( SF.AL) ' ' P~?R[. GooaMnrr ~ ~ • . G ~ i ~ , ( SEAL) ~ s . ~ i ~ ~,,v-a ~ ~ - ~ T~ ~ E R OTH - . . ISEAL~ ~~n-._~(~1 _ ~ SE~L) ~ ETTt1 Ro STATE OF FLORIDA COUNTY OF DADE ~O1'O ~ P~U7' iPP~'~ PEARL GOODMAN . A nepRR~En won~?N, to nva• areD kpo~ ~..~noyra to me to be tLe indi~idnals dcscribed ia and who eze~ucea cbe fore~oina iastrument, ; s~d a~~}ed,~ed':betare me that thry e:ecuted the same !or the purposes tLerein e.xpr~sed. t r ' . ' bad and official ~eal in tbe Connq and State Lst aforesaid tbis 27TM d. of ~ ,Q ~ ~~1 f~ 73. r ~ l r: r ~ A.Yy 17 i • v p ~ . r . ` ~ ~ ` ~ ;.r ~;Y ' ~ Notar~ Pnbic, State oi ~ C~ , MONR~ ~ p ED ; ~ ~T. D 0 , T: _ n-;-Y ; Y~ C1u~i1$~on Fapirea: FIDEUTY t~,~: h,-tuG. 5z.~~ ; i . . . NOT/lRr Pl!"' !~TATE OF FLORtDA AT LJUl~ Mt.:N; E. t:: ; ~,~llN~~?~...r..j....~c~UC Jtt2WftUF,6~7~ . P.O. BOX 724~ t~'G:,;i.1 fSR~ EC.~ °tiGF .SO . . _ _ . . ~a-:~K ~