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PROVIDEII, ALWAYS, that if the Mort~a~or shall pay unto the ~1ort~a~ee the indebtedness evidenced by s
certain prom~sso~y note of which the followin~ in words and fi~urns is a true copy to-wit:
~dHW~~
4.075 .00 Fort P erce F~,r;d, ~ August 11 _ 73
FOR VALUE RE(:EiVEU WE, ioint y and severally, promi~e ~u pay
to ehe order o( _ SOLOMON H. FRIESNER '
~he pnncipal ~um o1 _FOl7R THOUSAND SEVENTY-FIVE ~c1o pOLLARS, togethet with interral
~hrreon from date at the rate of ten pereent, per annum until maturity, both principal and intereat bein~ payable in tawful money u(
th~ United ~tatea ~t 2244 8iacayne Blvd., M~ami, florida, w~t wch uther place u the holders heroof may de.ignate in w~tin~.
Principal and interrst p~y~ble in inaullments ~ followa:
NINETY ($90.00) DOLLARS PER MONTH beginning on the 15th day of
October, 1973, and continuing on the lSth day of each and evei}?
month thereafter until paid in full.
Th~s note may be prepaid ~e whole ot in part after one year from the date hereo( upon payment o! a p~nalt} equivalent
to f~ve Dercent of :he pr~ncipal sum ptepaid.
Each imtallment payment ~hall be e~edited firat an the intenst due, and the remainde~ on principal: and intrrr~t ~hall thrrr-
upon ~~ax upun thc pnneipal so crcd~ted.
Th~ maken snd ~ndoraers o( thic note further agree to waive demand, notic~ of oon•p~yment and protest, and in thr ~vent suil
.I~all br btouRht for the collection hereuf, o~ the same has to be collected upon demand o( an attorney, to pay reiconabl~ attorney's
Irr. for making such collecUon.
Defe~red paymenta hereunder ~hall bear ~nterrst at the rate ot ten perc~nt per annum from maturity until paid.
l~hia not~ i~ acured by a mort$age _of evcn date her~Mith and ie ta be conetrued and eniorced aecording to the liws of the
~tat~ ot Flnr~da; upon def~utt in the p~yment of principd and~o~ intcreet when due, the v+hole sum ot prin~ipd ~nd intercst
rrmaininR unpaid ahdl, at the option ot the holdets, become immediately due a pa a e. ,
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, ~ ' %%~SEAL)
~~=~~-~s-~-~ (SEAL)
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and shall perform, comply w~th and abide by each and every the stipulations, agceements. conditions and cove-
nants uf sa~d promissory note and of this deed. then ~his deed and the estate thereby created shall cease and be
null and void. ~
1. The Mort`agor hereby cuvenants and aerees:
(a) To pay a11 and c~n~ul~r tAe prmc~p~l and interes~ and other swns of money D~Y~ble by virtue ot said prao~ssoty note and this
' deed, or e~ther, pomptly on the days respec~ively tAe s~ine serer~lly beco~es due.
i (D) To pe~mU, coera~t a sufter no raste and to mainq~n the iaptoremeots at ~II times in a st~te o( {ood repair and toed~uon, and to
{ do a persit to be done to e~id prew~sei nothin~ that w~ll •Iter or ehaa~c the we and char~cter ot s~id property or ia any ~ray iwp~ir or
~ w~e~ken the security o( this mort~a{e. And in c~se ot the re(usal, ae~lect or ie~bility of We Irlort{asor to repair and eaintain s~id proper.
~ ty, the 1Aortp~te m~y, at his opt~on, make aucA repairs a cause tAe aame to be sade, and advance moneys ia that beA~l(.
~ (c) To psy all aod sin~ulu the uacs, •ssessments, tevies, li~bilitie~. aed obli~ations o( every euture m said described property each
and every .hen duc and payable accad~n~ to la., before they become delleaueet, aad to Jclive~ to tbe Mo~t~~~ee on or be(ore MarcA
IStA ot e~cA year ua receipts evideacin~ the p~yment of •II I~~r(ully ioposed t~:es for the preeedie~ c~lendu year; to indeaiaity the
Mat{a~et upon h~s dem~od for all ta:cs, ~sses~menta ~nd eh~r~es that wY =s assessed upon t6is inorts~~e on tLe iadebtedae~s s•-
cured Ae~eby, and psid br the mort{~~ee, w~i~hout re~ard to ~ny 1~. 6eretofore en~cted ot here~tter to be enacted imposin~ aayment of
tht whole a any ~art thucot upon the Mor~ta~ee. -
(d) To p~y all and s~niular the costs, char~es aea! eapenses. iacludin~ I~rye~s' fees and ~batr~et costs reasmably incuRed ~ p~id at
~ny time by tAe Mor~~~~et because of the fulure on ~he part of the Mort{~~or to perform, camply ~~th and abide by eacA and every the
supulat~ons. s~reements. cond~tions and corenants of s~id ptoe~iaiory note ~nd th~s deed, or e~ther, and everY such'payment shall bear
~nteresl ttae Aate ~t the r~te ot ten (10'~r) per centum pet annum.
(e) It i• furU~cr coreo~eted ~ad •~reed br ~~id p~rtiea th~t ia tAt evenl ot s sui[ bein~ IMtllYltd l0 ~OftClOft tI11~ elOfl~t~C, tAe Mat-
~a~ee sh~ll be en~i~led to apply ~t anr time peedins sueh foreclosure suit to the court h~vin~ jurisdiction tLereo( (or tAe appoimment
of ~ recei~e~ ot ~11 and sin~ulu ihe s«~~•~ed prooenr, ~~1A 6I ~II tt111l. iacaaes. pro(its, issue~ and ~erenues thereot, from ~rh~uoerer
aource derired; ~nd the~enpon it is herebr espres~lr coreo~ated •ad ~~reeQ Wat ~he Court shatl forthwitA ~opoint such receiver rr~tA
the usr~I parers and duties of recei~er~ in lite e~ses; ~sd ~~id ~opointoent sAal1 be iaade by the court ~s s matter of strict ri~bt to
U+c Mat~~{te, and rithout re(erence to the ~dequscy or ia~dequ~cr o( the •~lue ot the properir hetebr mort~ased, or to the iolvency
a insolvtacy ot iAe Mort{~~or~ or ~ny otAer p~rty detendant to ~uch suit. The Mortp~or hercby sPeeitie~lly ~~ives the r~~ht to ob~ect
to tAe ~~oiatwea~ o( ~ teceirer ss atoresaid ~od herebr eap~e~shr con~eeta th~t ~~ch ~ppoinuacnt sh~ll be oade ~a ae adm~tted equ~ty
•nd ~i ~ m~tter of ~bsolute ri~ht to the Mtortp~ee th~t tAe ~ase ~uy be doe~e without notice to the Mort{asor.
(f) Jf taecloaure proceediap should be inatitutsd a~~inst We oroosrtr covered by t~1s mortsa~e upoe any other lien a cl~~m rhether
•Ile~cd to be superior or juaia to the lien of this mon=~{e. the Morta~~ce ieay Ais optioo iaroedi~tely upon ~nstituum ot such suit
~F a durm~ the pendency thereo( decl~re this o~ort~~~e and the indebtedness aecured herebr due and parisle (ortbr~th and m~y a~ its
option proceed ~o /oreclo~e tAis oart~~~e.
Th~~ ~Ae qaip~or «ill keep ~II real ~nd persona{ propertr nor or hereafier encwebered by ihe I~en ot thia ~t{~~e ~nsured as may ~
A
Ee required trow time to tise by iAe Mort~a~ee ~~~inst loss br fire, ~r~odstam snd other hasards, c~swlt~es and cont~e{enc~es (or such ~
oenod• and ior not lei• tl~~e iuch •awunts u s~Y be t~qut~cd Ar the Mortp~ee •nd to psY O~~WIy rhen due •II prem~wns for srcA ;
~ miw~nce. The ~n~ounta ot insur~nct reauired sr the Mort~asee ssdl be tAt a~in~mwn ~mounts for ~b~ch aud insur~nce sAall be rnuen ;
~ ~nd i[ ahall be mcusbent upon the Abry~~or to sun~~in s»cA additiaa~l ~nsw~nu as nuy be necess~ry to meet ~nd comply (ully ~r~th
all co-~naur~nee requiresents con~~ined in s~id oolicie• to tis ead th~t the said Mort~~~or is not ~ cain~~ror thereunder.lnsur~nce
~ sh~tl be .~ntten by ~ coowsy a caeOwies ~Ppto~ed or dci~~nattd by the Mo~tt~~se ~nd ~11 pol~c~es and rene~~ls thereo( sAall be held
sy the MatNiee• All deqiled des~sn~t~ons br ~he Mort~s~a rhicA ue ~ccepted br tAe Mort~i~ee ~nd sll a{reements bctreen hlort~a~or
•nd Mat~~~ee rcl~t~n~ to in~ur~nce. nov eaistina or here~tttr ~~de. ss~ll be in w~ritin~ ~nd sA~ll be ~ patt of tAis mort~~~e ~~reement ;
_ a• fully ~s thau~h ast fath ~etbat~~ Aert~n ~nd ~h~ll {orera both artits hereto ~nd eLeir succesiors snd ~ss~~ns. No I~cn upon ~ny of
•~IA oolicies of ~nsur~nce or uyan •nr refund o?re~urn ~ew~ra which m~y be p~y~ble on the c~acsll~t~on or termm~t~on thereof, sh~ll
be ~~ren iu .xMr ~A~a the Mort~~{ee, eacept sy ptoper endo~se~tnt ~ff~:ed to sucA polity ~nd ~Optoved by Mor~~~~te. Fach pol~cy of
~n~ut~nce ah~ll h~vt •((~.ed therelo ~ Sund~td Ne~r Yat I~la~p~ee Cl~we ~~thoYt Conuib~uon, aukina •11 los~ or losses under such
pol~cy p~y~ble to tht ~la~p~te as ~ts ~n~erest m~r ~pOt~r. la tAt erset ~ey sua~ at swas o( nfoney eccoa~e Payable thtreunder the ~lort- '
~a~ee ~h~Sf Aave ~he opuon to ~eceive aad ~Pply tbe •~~e on ~eeoYnt of the ~ndebtedness hereby sec~red, or to pernnt ihe ~Ion~sR~i
to receive and use ~t, or ~ny P~rt theteof, ~r~tUoYt thersby ~~iria{ at iwo~u~ns any equitY. lien, a n~At under and by vu~re ot thi~
ma~~~{e. In tvent of Iw• or pAys~cal dsas~e to 1he morya~eE property Ihe Mat~~~or sh~ll ~~ve ~nrned~~te not~ce iAereo! by m.~~l t~~
thc Mw~p~ee and th~ Mort~s~ee m~y nuke poof ot loss ~f the same is not made prompily by iAe Mort~a~o~. in even~ •t twc.to.ure n(
B~QK217 ~~2290
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