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PROVIDED. ALWAY3, that if the Mortgagor ahall pay unto the Mortgagee the uuiebtedness evidenoed by • '
certain pe+omissory oote of ~rhich the folb~ving in rvords and fig~ues ia a true copy to-wit:
~ Au~ust 29, t~74
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~ FOR VAI.UE RECElYE WE ointl and severall promi.e a p.y
~ ~eh~ o?drr ot SAMUEL PERL~ , rus ee _
THREE THOUSAND SIX HIJNDRED FIF'TY 8t1_ 4, o~ether with i~terest
t priecipal wm o~flf~.
thereon twm date at the rate ot tee percenl. per aneum unW maturity. both p~+oupd and intuat beina payabk in law[ul mooey uf
the Unitcd Stata ai 2244 Bia~yne Blvd.~ Mi~nti. F'lorida. ot ~t weh other place a~ the hdden hereot map dai~ate ~e Mnti~L.
P~ncipal ~nd inter+s~t p~y~We in imtallmenU ar idlows:
FIVE HllNDRED TWENTY ($520.00) D4LLAns P~nrthenlSthedaynofgeach~andlevery
day of November, 1974, and contin g
month thereafter until paid in full
Th~s note msy be prepaid in whole ot in patt after one yeu ftom the date heceof upon paya~ent of a penaity equivaient
to f~ve percent of the principal sum prep~id. _
Each in~tillment payment shal) be credited fnt on the interest due. and the remainde~ oe Qrinc~pd: and intrK~t :jhall there•
upon ccase upun the principu so uedited.
Th~ makers and ~odonen of thit notc tu~ther s~ee to waive demand. notice of non-p~ymeot~'pw~~ and in thr event ,wit
~lall be bwu~t (or the cdlection heceot, or the ame has to be eol~ect~d uPa? demand oi an at to reasonabk attomqr's
f. tor makin6 weh edlection.
Deterred payments hereundcr ahdl.besr intcrest at the nte of ten percent per annum Eran matueity until ~aid
7'hi~ note a acured by a mort~ae of eren date herewith and 'u to be coostrued and enfaced acco~du~ to the lav+s of the
~ te ot Elcxida: upon deiwlt~in thepa yment oi principal rhdfo~ interat ~ri~en due. the whde w~m oi PriM'aWl and intere~t
rrmainina unpaid shap. ~t the option of the holders. beeome iaune ' dne and p~yablt.
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and ahall perform. comply with aad abide by each and every the stipulations. agreements. conditions and covenants ~
of said promissor3+ note end of tlus daed, the~ this deed and the eatate thereby created shall cease and be nuli and void. :
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1. The Mortgagor 6ereby covenants and agreea: ~
1a11b p~y dl ~nd anguLr the prindpd and iMese~t aad other s~uns ot moay payable br virtue of e~id proa~iwory note and this dssd. or eitLir.
Pro~Y ~~~Y° ~~y the ~me severalt9 beoomea due.
` Ibl To p~rmit, commit or s~ltiar no waate ~nd W m~intaia the impmvements at all times in s stace d good iep~i~ and oooditioa md w do or permit W b~
dons to saW p~e~oises nothin8 tLat wi11 ah~ or el~anae t6e we ~nd chvad~ar ot ni~d proprtY ar in anY w~,y impai~ or weakea the sec~ity of this
~.s.. wda t~ r.,e o~ tes mt~w4 ~s+~c ~ m.~;ucr or c~ e~o~ca,~o~ w.~.na ~~c,u+ ~a wop.rcr• t6e Mortgages maY• at his o~ptfon. ande~
- sneh rep~s or duss the s~ms W be m~d0. and advanoe mooeYs in tlut bs~lf• _
(el 1b pq dl ~nd an6uLr ths taies. as~mt~. ievies. tiahifitias. ~nd obiiption+ of evecy aaturs oo ssid dercribsd property e~eh ~nd eva7 wheo dw
~ WY~~ ~dtOB W law, before they beoome delin~tomt. and to ddiver to t1M Mortgagee ou or before ~Aar~eh 16th of a~t6 ye~r_ta= eeodpcs i
evideoGng che pq~menc or.u L..rully impa.ea ca~s. tor cLe preoeaing ulena.r re~r: w id.moih the Mas~~es wm hi. aem.na ror.u t.ze..,u..r r
mmts ~nd eh~r~s t6~t miq M assea~sd upon this mort~6s ao ths indebtedasa ~ec~sed hseb7. ~nd P~id b7 ~~6~8~. ~d tO ~04' lr+r
Iwnwtae ~cttd or hQe~tter W be m~cted impoeinB WY~ of tLe w6oM o~ any p~c tl~ed upon the l~iort~~~sa
idi 1b pq all ~ad ae~gut~r the easta. cMr6'se ~od ~S. i~°8 4"'Y~s faes and abstraet oost~ e+e~soo~bb iacurred or paid at ~ t3m~ b7 t~ _
1?(ortgagee beanee o[ tbe Eailure an tLe p~rt of ths Mort~ga co perfarm. aomNY with a~ abide by a~cb and every t6s ~tipdatiuns. ~
eood[tians and eovea~nts ot s~id promiseory aote and tAis desd. or eiths. aod every w~e6 paymast shdl be~r inte~e~t from dab at the nte a~ t~n 1109i1
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lel It is furth~ oovea~~ed and ~groed bY eaid P~rties that in the eveot of a suit bsiog iostiwted to f~oreelo~e this mortg~ge~ th~ Mostgaase ~II be i
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e~titkd W apply at any time peedin8 such toreclos~ue suit W the oourt h~ving jurisdietion t6eieof far t6s appeintma~t ot a eeoaver of all aad smgal~r t6~ ~
~PB~ P~Pa~Y. and of dl rente. inoomes. Profrts• iswes and revmues thered. [rom wtuitsoever aourca dArived: aod tLereiipon it is hs'sby e:pre~d7 ~
oo~veo~nted and ~~eed th~t tbe Court sddl tatLwriW ~ppoint such reoeiver ~ith tLe uaLl powers ~nd duties d reaivecs in like c,~sw: and Nid appoint. '
aoent shall bs m~de bY ths wurt as ~ matter ot ~trict *iB6t W tbe 1[art~~ee. ~nd withoot rt~eaee W t6e adequ~cy ar indequ~er ot tbe v~tue aE tb~ peo ,
- ~r ~r ~s+~a~. o~ ~ cb..dY~.y o* ~ ot see ~~g.aon a.ny o~ ~cr a~.oa.nc w~n wac. ~~a~,~ e«.bi ~ 6
iully waivae th~ ri~?t W objed W the ~ppointaimt of a reoeivae n ato~es~id aod herebY esptasslY oonsmta that sudi appdotmeat ahdl b~ m~d~ a~ an ~
~dmitted eqvity ~nd aa a m~tur of abeolute right w We Mortgagee and t6st the suus taay be dooe witDout notiee w ths Morig~. r
Ifl I( foreclowue Proceedin8s should be inatiwted ~g~inat the propertY eweeed bY thi+ mat8~gs upoO anl otber lien ar cLim whethar ali~~sd W bs ~
superior or jnoior W the lim d this mortg~~e. the Mortgagee may at his option immedi~tdy upm inrRitntioo of weh smt or during t!?e peod~eey the~+d E
; decLre thie mortgage aad the indebte~ese sec+ued FxrebY due and payable farthwith wd tnay at its optim Ptoossd W faedo~e thi~ mortQa~e.
~ IBf 1Lat tbe Mortgagor vi11 keeP all ~esl and persotil P~P~Y ~ or 6e~e~Rer ~ncumbersd bY ihe ti~ of this mortg~e irwred as mry b~ required tram
~ time co tiaM b~ tLe Mat~gee againd 1oe" bY 5n. windstorm and other h~satds. usualties and oonting~ociss tar sueh p~iods ~nd tar mt Mis elru '
wcb <~wuata as msy be requirbd by tbe Mortg~gae and w pry prompdY whea doe dl pr+mium+ for wc6 insuranca. 7be amonnts of inwuaoos nqoind
by the Morp~ee sliall be t6e minimum ~mwnts for whie6 a~id in~anoe stull be written ~nd it a6~ll be ioa~bent opon t6e Matga~or W m~ wt6
additioe~l im~ranee a~ may be ~ W meeR ~nd aoimplr fd17 ~eich aq o~i~uanoe roquirm~ eonta'ned in said po~cia W t6e eod t~t tb~ eaid
Dtortasgor is oot a aoinwror thereund~r- IascQanoe s6d1 be written by e aompany ar aompaniss aPprov'sd ar de~~ted bY tbs 1la~t~~° ~ad poll-
he:e
cie~e and reaewab tbereot sbdl be heid by the l~oRgagee. AU det~ilsd deaigaacioos bY ths Mortg~~ whieL ~n ~ooepted by th~ Mort~ and ~ll a~a? .
mmts between Mortpgor and Mortgagee rd~ting w inauaoee. now eristinB or hnwlter m~de. s~ll be in writins and ehdl be a p~rt ot tW matpp
ag~eement a~ fully as though set tortb verb~tim haein u?d shall gov«n both p~eties hxeeo and t6eir wiooeesors ~nd assi~?s; No liao upon an7 ot s~id
- policies of ineunnoe or upaa any retund or rewm pranium whie6 m~y be p~7nbis on ths ca~atioo or termin~tim tbenot. ~tll be ~vao to othar th~a
ebe Matgsgee. ezcept bY ProPer eadoramoent affized w we6 potiey aad approved br Mortgages. Each pdiey ot inwvana s6a!! 6tw afs~d therW a
9tand~rd New York Mortga~ee Ctause witlwue Cootribution. m~kin8 aU ioss a tosse~ und~ wuh P~Y P~Y~ w th~ Moetp~s as ita int~e~t m~7 ~P
pe~r. In the eveot ~ny sum or sums of money beooms payabls thawoder the Mastaa~ee shall 6aw c6e optlo~ to reaiw and app~ t6~ s~m~ on ~ooouot
of the indebtedness heeeby eec~ired. or w permit the Mortg~gor w~eo~iw ~nd n~s it. or an7 Pu~ therrof. ~ritbout tlwnby w~ivint or impaieiot ~~9~'
ti. liea. o? riaht under aod by virtue of this m8rtg~ge. In eve~ ot !w~ or Phl'aal ~am~ to ths mai~~E+d P~oqe~y t~h~ ~[oeti~~ ~ i~ imm~W
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