HomeMy WebLinkAbout2526 . ~1:~ l ~ 11 l/~~•1' l n :tt'~'~• ~ 1• 1':11 l ~1~' 11';il lll 1 l}' l~ ( l ~lt' 111:~~ (~•~~111'::': ~1~' 1~'~')
:.~•ctu ~•cl l~~~c:~u~:i• ~,l t 1~~• i:~i 1~u~~• ut' I lic~ t~urt ~:nt~n~' t~? ~~:?y :eny l:i}. .~>:~:u:::.tu,•iil ,
liai,iJity, c~l~liy;alic~n or ~•uc•u~ul~r:u~c.~ up;~~~ ~;ald ~~ro~~~~rty .i:; l~c•r~•iu l~ruvi~l~•~I, it.
sh.~l l~ic•t Uc neccs:c:~ry nor req~~.isit~~ tl~~~r th~~ rlc~rt~:~~~~e sh~ill i irs~ p,ry ~lice
s am~~ .
1.10. •To pay all illlt~ sinf;ular the ec~sls, char~;es and expcn::es including
attortiey's fecs rcasonably iiicurred or paid aC .111)~ timc~ by ihe tlortFaLcc l~c-
cause c~f Che failure uf tlie P:ortFa~;or to perfonn, comPly with cind ai~id~ by all
the stipulaCions, a~;ree~rents, conditions znd c~vcnants of the Note and thc
Nort~;aFe, or either, and evrry sucli suin sh~ill bcar interest fro?~i the datc~ of
incurreuce by ti~e r;ortga~ee at the r.~axir::uin rate allo~•red Uy laia unCil ful1~- paid
by the riort gaf;or .
1.11. To dul~ and full~• p~rforri, comply ~,~ith and abide by cach of tt;c '
stipulatioi~s, agree~RC~nts, conditions and covenants contained i.n ttie riortgagc
of evei~ date }ierec~iCli execute~d by tlie rior~~a~or, in fa~~or of the rlortgage~
securin~, a\ote in Che ari~;in~:l principal .-~tnount of $42, 6Q0. 00 . A de- ~
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fault uiider saicl ::ortgagc shall constit~ite a default hcreunder.
TfISCELI.:1N1?AUS FRO~~ISI0:3S
2.1. In the e~*ent that an) one or ir.ore of the covenants, aQree:aenCs,
~ terms or provisions coataii~ed in thc~ ;fort~aoe or in tlic= .~ote shall be invalid,
; ' _
~ ille~<~el or tmenforc~able in ai~y respect, Llie validity af the re~;~ining cave-
r. - ~
€ nants, a~ree:~eiits, terms or provisions contained herein and in the fiote shall
g be im~alid, illegal or unenforceable in any respect, the validity of the re-
~
~ mainin~; covenants, agr~e:aents, terms or provisions contained herein and itT the
~
~ hote shall be in no c~~ay affected Chereby.
~
~ ?_.2. 1he Z•lort~;3;;e is r.o be construed _as a I'lorida contract under tt~e laws
~ of tl~e State of Flurida.
~
~ 2.3. (a) An~~ notice, dcr:~a~id or otlihr instru~:,c~nC authori-r.ed by the :•Sortbage
~
~ to bc sc•r~~ed on or ~;i~~en to the t:ortE;agec shal.l be ~;iven to thc ~Sortga~ec c/o
~ its Law llepartr.:.nt, 1111 Souili Bayshore Dri.ve, riiami, Florida 33131 , or at such '
. . ~
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- Ot}l~:•Y :?C't:..'C'_ _ i~.:l'. tl'::'!' ~i'.'il fGS'.^.:_:}:_.. .I': s.'7"._L:Ii' t(1 `~:c: ".n1'i,',:1:'4•C t~:~ ti:i'
Ya i'iOf t ~ :1f~0I . ,
;_1 (b) An}~ n~ticc, d~m:~nd or othcr instrument to be served on or ~;iven
:~F
y; to lhc~ :I~rtFat;or mzy bc ser~~c•d o~~ or F;iven .1t ~ill Lcf;~l Arts Centre, Youn,^,sic~:,n,
,:'.`s
- Oiii.u, iip cadc 44503, or at ~tich och~~r addre~s~ or addre~ssc~s 1s ri:~y h:ivc bc~cn
~ furni::f~~•.1 lil kl'1~111;~ ~Ci Ltl~: ~•i(~)~~5;.'t~,i~i' t~~• ~~Ic' '.•i~)l~l~',.lj',~•C.
f.7. ~~tl!' t(•C;.i': ~~:~i)1-T;;:1:;(~T~~ :1T.1•~ ~~.~~~1(;',.I:;i•e-~~ l:'{1.'R~•V('1" lt;~•Ci lil ltl).`, 1I7::IYt1-
T2'(Il. ..~i,-!~~ lllr'~,~' IF: . U~'~- . .'ri; . ~1! :t . .l (if I~1~ T .:(~~•c'l 1Vi' r:ll'! li' .
. aoox 222 Pac:2525
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