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PROVIDE:f~, AI.MAYS, that if the ~1ort~a~or shail pay unto the \iottga~ee the indebtedness eviJenctd b~ a
~etta~n prwn~+aury nole of which thc follaNint in wa~ds and fi~ures ~s a truc copy ta-Mit;
~ I~i~f+~i
s_ 3,975.00 Fort~e, Flor;~ December 27 73
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FOR V~A(,U q~ v p WE, i o in t 1 Y and se~era 11 y, ~m~~ wY :
to che orde~ ot SAM ~ORO~~~Z ~a.,, e~i~?~ ~ TE~O~UWI'I ~i e
the principal sum oi T,~-1REE THOUSAND NINE HUNDRED SEVENTY-FIVE an~p ,,qR, , togelhe~ with interrsl
thereon trom date at the nte of ten percent. pe~ annum until maturity, both principai and ioterest bei~ payable in ta.rful money uf
th~ lJnited ~tata at 2244 Bisc~rne Blvd., Miutti, Florida, or ~t such othcr pla~ e~s the holders hereot m~y designate in writing.
Principa) and intereit piyable in inaWlmente ~ followi:
LIGHTY-FIVE ($85.00) DQLLARS per month beginning on the lSth day
of February, 1974, and continuing on the lSth day of each and every
month thereafter until paid in full.
This note may be prepaid in whole a in put afttr one yeu from the date heceof upon payment of a penalty equivalent
~o five percent of the principal sum prep~id.
Each in~tallment payttient 6htU be etedited Gtst on the intereat due, artd the remainder on principal; and intrrr.t ~hal1 thrrr-
upon ccase upun the principa~ so credited.
The makers and ~ndoners of thu note further aaree to waive demand, notice o[ non-paymcnt and proteat, and in lhr event suit
~l~alt be brought for the collection hereo(, or the ume hu to be collected upon demand oI an attorney, to pay reasonable sttorncy c
lrr. for making such collection. s
Deferred paymeets hereunder shdl beu intercat at tht rate of ten percent per annum [mm maturity unti) paid.
~ 7~is note is acured by a mort~~e o[ even date herewith and ia to be 5omtrued and enlorced according to the laws of the
~tate of Elorids; upon default in the payment of principd and/o~ intsreat ~vhen aiu, tht whole aum of principal inteoest
re+mai~ina uopaid ahall, at the option of the holde~s, become immediatrly due ~n /pLyable. ~ ~
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~r~J ahall perform, a~mply with and abidr by each and every the stipulations, agreements, conditions and cove-
nants of ~a~d ptomissoty note and of this dced, then th~s deed and the estate thereby created shall cease and be
null and void. ~
1_ The Mortgagor hereby covenants and agrees:
(a) To pay all and c~n`ular tAe p~nc~pal and ~nterest and otAor sums of monty payable by v~rWe o( said prom~ssory note an~ th~s
deed, a euher, p~omp~ly on the daYs respecuvely the same sevenlly becomes due.
lb1 jo permu, comm~t or suffer no waste a~d ~o ma~ntain ~he ~mprovements at aN hmes m a state of sood repa~r and cond~uon, and to
do ~x permit ta be done to sa~d prem~ses nothms that wnll alier or chsn~e the use and ~haracter of said properiy or m any .ray ~mpa~r or
reaken the secur~~y o( th~s mon~a~e, And in case of ~he refusal, ne~lect or mabdity ot the Mo~t~asor to ropau ar.d ma~nca~n sud proper-
ty, the M«~~aaee mav. a~ his op~~on, make such repairs « cauce the same to be made, and advance mooeys in that behalf.
Ic) To pay all aed ~~nsular the u.es, assess~eents, lev~es. l~abiliues, snd oblipuons of every nature oe said desenbed property each
and erery rhen due and paysble accwdmt to lar, before ~hey becane delinquent, aad to delrvet to tht Mort6a6ee oo a before March
IS~A of eaeh year tax rece~ptti e~idenc~n6 the paymenl o( all hwfully ~mposed taaes for the pteced~rt6 cafendar year; !o indrmndy the _
~tortsa6~e upon h~s demand for aU ~axes, a.sessments ~r~ char~ec thst may bt assesstd upon IA~s mat6ase on the mdeDtedncss
cued hereby, and pa~d by the m«tsaEee, M~?hout rcaard to any law heretofae enscted or hereattv w be enacted impos~n~ ~ayment o:
tht +holc ot any rort thoreot upon the Alcxtea;ee.
; Idl. To pay all and s+n6Ular the costs, char~es and expenses, mclud~na law~yers' tees and sbstnet costs ~essmably incurred or pa~d at
eny t~mr 1ry the Slat~ta~tee becau.e ut the [a~lure on ~he part ot the Mat`a~or to pedorm, complY ~uh and ab~de by eacA and zvery the
€ .t~pul~uons, a6rcements, cond~hon+ and covenants o( sa~d prom~ssoty note and this deed, ot either, and every such~payment sAall bea~
~m.rost fcwn da~e at the n~e of ten f1(le) per centum per annum.
~ (rl It ~c further covenanted and asr~ed by sa~d part~es that ~n the event oE a suit bema msututed to faeclose th~s mat~ase, the u«t-
ppo~ntmert+
~ Easee shall be enuUed to apply at any ume pendms sueh foreclosure suit to t6e court havin~ ~ur~sdicuon thereof ta the a
' of a rece~ver of all and sin~ular the mori6a~ed property, and of all rents, ~ncomes. prof~ts, issues and revenues tAereof, f~om whatsoever
.iwrre denved: and thereupon it is hereby exprescly covenanted and aaretd that the Court shall [alhvich appo:nt such rece~ver ~ith
' the u.ual poaerc and dut~es of recei~ers in like cases: and ss~d appo~ntment sh~ll be made by the cowt as a matter oI ~trict ri~ht to
~ ~he \1M~`s~et, and ~rrthout re(erence tu Ihe adeqwcy a madequacy uf the value ot the property hereby mort6aEed, a to the sulvency
~~r ~nsolyency of the Mortsa~as or any othe~ party defendant to sucA su~t. The Mort~a`or hereby specdically wa~ves the nsht to ob~ect
~ tu the appom~men~ o( a recerver as atwesald and hercby eapressly consents that such appomtment shafl be made as an adm~tted eqwty
` and as a mstter ot absolute ri~ht to tRe Mortsaeee and IAat the came may be done w~thout notice to the Nort~a~or.
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IC1 If faeclosure proceedin~s should be institwed s~iinst the proper~y covered by this matpse upon any other 11en a cla~m whaher
~ rlle6ed to be super~or a ~unior to the I~en ot this mort~a{e, the Mort~a~ee may at h~s opuoe immed~ately upon roshtuuoo of .uch su~t
~x dunn~ the pendency tAercof declare th~s ro«tsa~e •nd the ~ndebtedn~ss secured hereby due and payablc fwtAr~ih and may a~ r.,
upt~an proceed to fwecloae t6~s mortsa~e.
!`1 That the Matsasor r~ill ktep all real and personal property no~r ot heteafcet encumbered by the I~en ut this mwtga~e ~n~ured a~ may
h~ required trom ume to time by the Mor1`a`ee a~~mst loss by hre, wmdstam and other hazards, wswlt~es and conUnEenc~es (or such
per~ods and tor not less than such smounts as may be requued by thr Mortpsee and to pay prompiiy M•hen due all prem~ums [~r such
~nsurance. The amounts of insw~nct requued by the fNort~atee s6s1) be the m~mmum amounts fw rA~ch sa~d ~nswsnce ahall be ~r~tten
! and ~t chall.be ~ncumbent upon the Mort~a{a to nN~ntain such addit~on~l insurance ss may be oece~sary to meet and comply tu!!y xith
all co-~nsunnce reqwtements contained m said polrcies to the end that the said Mort~aEor ~s not a co-~ASUror thereunder.lnswance
! ~hall be wr~tten Dy a compaoy a compan~es approved a de~~anated by the Mort~a~ee and all pot~c~es and rertewrals tnereof ~hall be helJ
i ~y the Matpsee. All deta~led des~~nahons by the Mortp6or rh~ch are accepted by the Mort~asee aad aU as~eements be~reen Matta~or
and Mart~a~tt ttlat~ns to insurance, nor eaist~ns or hereafter made, shall be in rnun~ and shall be a patt of th~s matp~e a~rtantnt
as (ully as thoush set forth rerb~um here~n and shall ~orern both parues hereto snd tAe~r successws and ass~~ns. No lien upoa any of
' s~~d pol~ues of ~nsurance or upon sny refund or return prem~um whieh may be parible on the caa~ellauon or termmauon thereof, shall
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' be s~ren to other ~han the Alort~s~ee, eacept by proper endorsement sff~xed ~o such poluy and ~pyroved by Mat~a~et. Each pol~cy
4 ~nsur~nce sAall have at(~~ed thtrNO a Sundard New York Mortaa~ee Clause wuhout Contnbution, mak~n` atl loss ot tosse~ unJer .uch
` pol~cy payabte to the Mort~a~u •s ~ts ~n~erest may appear. In ihe erent any sum or sums ot money becane payable thereunder tAe ~tort-
' K~E« have the opt~on to rece~re a~ apply the s~o~e on account o( the mdebtedncss he~eby secuted, or lo perm~s the \1nr~EaF~~r
s to rect~ve and use o~ any part thcreof, w~~hout theteby va~vm` or ~mpainna any equ~ty, I~en, w naAt ur?~ler and hy v~rtuc ot th~.
; m~xt~~6e. In event of los+ w physusl damaac to the mor~aaEed property the MorlpEor shsll E~~e ~mmedutt noucc thtrcuf by rre~l t~.
~ . ~hc \torl6aRer ~nJ thc ~t~r~RaRee mav m~ke ~n~d o( t~~~~ ~f ihc ~amc i. not m~de prumptly by the \toe~`a~or. In e~eni nt twe~l~..ure of
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~ aoo~ ~22 P~c~ ~.94~ ~
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