HomeMy WebLinkAbout1957 il '
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~I To pay aU and aing~lar tll~ tasa, q~seras~~ta, •~vip~,;~aba{tisa, oblipatio~ta. a~d e~o~e~w- .
i~ brancea oJ every ~ature on aad deacribed p~+afpil't~ a~sack a~d every, axd tl~s sc~e b~ tat P~P~
i i ty paid tJte said 3[ortyapea_, ~ s y~, ieyd rtprese~taKve~ or aa~ip~+, '~t at a~W ~
~ t
ime pay t
h
e same witlaout waiviny or a
f
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e
c
K~
p t~ee o
p~iox to toreelaae or a
n~
t r
i
plh! 1lerew~der
I~ arid ensr~? PaYment ao rnade alran bear i»terat ~rom ths date tl~ereof at tlle rate of ei h{~)
~I cent. per ~a~.
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J. To pay aU a»d ainDuiar the coata, cllaryea axd espe„aea, i~ct~di»p jawyar's feea, reaao~-
~i ably ineurred or paid at any time by aa~d Mort~aQee-, h~s ~ra, lspai represayttativ4a
or aasigna, becauae of ths fa~we on tl~e part oJ the said MortQa~or_, its ~Dd -
reprea~ntativea or aaai~s to pe~yorn~, ~r?~ with at~d abid~ by eack a~ut every tl~e
uaran ee o
i agrecmenta, eo»ditiana at~d cova~nasnts of/!r promiaaory note~ oted~ 8
ia ds~d, or eitller. and
evcr~ sucle paymen# aliall bear intereat from data a# tais rn#s o,~.9~ per cent. per a~aan.
~i To keep tlu bu~dinga no~w or hereafter oa aaid larid ina~a~ad in a a~an tat Ieaa t~kari
ii present insurance ~ a ~
to be approved by said Mort~agee~, and t~ policy or policiea ll~e~d b~l and PaYabie to aaid Mw~t-
~f 9a9ee
j-, his ~a, ~eya1 representativea or asai~~ta, a~d iu tll~e event
any aum of mo»ey becomes payabis undar awclltt poiicy or polieiea, t~s Mortya98a-. ~
~ ~ h i s ~ra, tegai rspreaentativas or aasi
gpx~i.
a~tl~ tbs optaou to receive arid
appIy the same on account of ths indebtedneai ~ereby~~ or to permit tks Mortgayor to
ji receive and uae it or any part theraof for otAar purpoas~~out t.harsby toaioirip or impairi„9
~++~1 e4~Y, lien or right u~der or by vertxe of tkia mortgage, jand may P~a ~ P~y for aue11 :
t
insurance or any part thsreof witlwut wasviny or affecti~?9 tlie opttori to foredoae or any riyht t
hareu~der, and each and every iueh paymsnt sll~aii bear i~etereat from dats at tha +a#e of ei~ht
~ per cent. per an~ern. •
; 5. To permit, eommit or auf
f
er no waate, impairment or deterioratio~t of said propertY. or any
c part thereo~. .
~ s. s~c~~x~x~s ~
~x~tat ~
~ 7. If ~~)of said sums of money herein referred to be not prompuy and futty ~aict ,oithin
~ thirty daya next after tha sarr.e severaAy become due and ~ayabk, or if each and every th~
stipulations, agreements, conditiona and covenanta of aaid promiaaory note
S and thia deed, or
either, are not fully performed, complied with and abided by, the aaid ag~regate au~n men~ioned ~
' in said promissort/ note
SshaA become due and payable forthwith or thereafter at the cpteon of ~
the Mortgagee_, his I~o.irs, Iepai rtpresentatives or asaigns, aa ftcUy and completely
~ aa if the said aggregate sum of TWenty-five Thousand (25,000) ~~,j,ara wers
origindly stipulated to be ~id on aueh day, anythirig in aaid promissory note~ or herein to tJr.e
~ contra notzoithata.ndi .
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~ IN WITNESS WBEREOF. t.he said Mortgagor_.. has set its '
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~ hand nnd aeai the day and year firat above written.
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~ Si~ried, a~aled ary~ ivered in preaenea of ua: RIDGECREST MOBILE HOME PARK ~s~~
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~ ~i g ; (SEAL) ;
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~ JOEL J. KARP.ESQ. ~L IN DOUGLAS, General Partner
%%ris I~~~rrnsf»I prrp~urrd hy: i
~ i! 100 N. Biscayne Blvd.
A`~`f'r~ Miami, Florida 33132
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