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~ ~rD~p~ ~itU~1~8, that if aaid Jlfort~m~or sh~ccll pa~ unto the 8aid JKort,~a~ee
tha certa,~n prnmissory note, of which ta+~a followtn,~ a~ warda and ~l~ures i8 a trua copb,
to wit: " ~ ~
- !;i_125. 315, 43 Hollywood, Fla., Fe~,y li
~
~FOR VALUE RECEIVED, KW~ pro~ni~ to p~r fo tIN ad~r of GEORGE L. 1i0L1.AHA1V. ~
AS TAUSTES. ,~nd GEORGE j. M AC L E A N, A S '
I 1
t U'
S
1' E E. ~
~,Q„~earea Tars~r-Hae Thoueaud Th~cea Hundred Fi~b~en a~d ~3/100 oo~u~as
,t Suite ~08~ 7211 S. W. 6Zod Av~enue. Souith Miami. Flacids. -
wifh ini~nst from d~t~ ~t tIK r~t~ of Eiglyt - ~ 8~, ~ ~nnam un~il paid.
Pay.ba.:;o~iow:: ~e priacipal surn oi ~125. 315.43 shell be due aod psYab~e oa
ar beio~e ths~ (3) yeare lcom date ltereaf. togetl~er with iaterest psysble
aeaually commeocia,g ooe y~u itom do~e hereo~t w~til sald psincipel and it~ber-
est are .pald in tult. T1~e prineipal osc aa~r po~ctioa ttiereo~ ma~? be prepafd ~t
any time without additional in~erest ar penslhr.
NOW, ~I~o~id it b~een~~ s~e~sary 1o eell~el t6is ~et~ Hve~y? ~n athr~~y. ~iti~~r ef a~, v+IMN?~r a~~k~r. s~n1r. N~~~r
o~ t6is ee1~. ?~r~iw ayr.• fo p~r .II eesb of sneA eeit.dies, i•el.diM nswMW~ .ttw..r s f... TI» dr~r~es ~~dwsNs
s~r~ally w~iv~ prn~~hn~~f fw P~~e~f. ~ef~tf. wetic~ oi MoNN for Mw-p~~?a~~~f ~f N~ts ~ot~. •
IN THE EVENT .ny p.y~•e~ ef i~br~sf or priatip~l b~ wt pai d~K~ M~Q ~Xx~~X~~fl~~ s~w~ b~ee~N Jw.
~6~ Aold.~ of +h~s ne1~ ~nay. ~1 bit opties, d~cl~r~ tlr wlrol~ p~ieciPal s~ru i~~r~ef le M iwu~~di~bir ~w ~u~ p+y~bl~.
1 S~~I I S~ S• ~!lCt10~d 1 Ss~l l .
• t s.sl l Franit E. M til~s 15..11
45-SO
and shall perfo~m, comply with and abide by esch and euery the atiPulations,
- m$reement~s, conditions c~rad covena~nt~s of scr,id prvmisaory riote and of this deed, then -
t,his de~d aaed the esta.te hereby crea,ted shall cea~se and ba nu.ll a~nd void.
i ,~~t th,e sa,id Jlfortgagor herebJ/ caven~an~s aaial a~`reea:
~ .
~ .1. . To pa~/ all and sin~uiar the princi~pal anci intere8t and ~ other su~rts of money
payabte by virtue oJ said pro~niaaory note and thia deed, or either, promptl~ on the
days reapectively the same several±y come due. _
To pay ali and singular the taxes, asseasrrients, ter~ies, tiabilities, obli~ations
and encurrcbrances of every nature on said described property each and every, and
if the same be not prorrcptly paid the 8ctid JKort~a~ee may a.t an~ time pa,y the sa,~ne
zoithout wa,ivin~ or affecttng the option to foreclo8e or any right 7~,ereunder, and ever~J
pccyment so ma.de sha,ll bear Lnterest frn~ra tlu da,~e thereof at the rate -of Ten (1~)
per cent. per mnnu~n. _
?'o pa~ aii and ain~tCla~ tlee costs, cha*~es and expenses. includin~ lawyer's .
fees, reasonubly ineccrred or paid a,~ cwty tim.e by sa,id .1lfort~ctgee beecLUSe of the failure
on the pa.rt of the scr,id .1Kort,ga~or to perfornt, co~nply zuith and abi,de by ea,ch ctnd
every the stipula.tiores, d~ree~nents, conditions and eavencants of said prurrcas8ory note
and this deed, or either, and eaery such pacy~nent shaall bea~r intereat firnn dcLte a,t t,he
ra,te of Ten (lU~) per cent. per a,nnurri.
~ To keep the buildin~ noiu or hereajter on said land insured in a sum not
less than
highest insurable value Dotlara, in a co~rcpany or corrapaniea to
b~ ccpprnved by said Mort~c~~ee, and ~he polic~ or policies held by ctnd payable to said
~.M'ort~ac~gee, and in the event c~ny surrc of monPy beco~raes paba,ble ur~der Sueh policy or
palici,es, the .Mortgagee shall have the opt,~on to reeeive and apply the same on aceount
of the indebtednesa h,ereby secured or to per~nit the .1Kort'~a~or to receive and uae it, or
any pcLrt thereof, for oth,er purposes, witlau,t thereby w~cirnr~~ or impccirin$ any equit~
lien or rig)ct under or bb virtue of this mort~a~e, and m,a~/ Pl4.ce a,nd for such
in8urance or any par.r~ ~hereof, witlr,out wa~ir~in$ or afJ°eetin~ t.he option to~oi~eclo~e or
cr~~ ri~ht hereu~tder, and eczch o.nd every 8ueh pa~rrient sha,ll bear interest fi~orri dczts
at the x~te of Ten (10~) per cent. per annu,na. ~
8~2~ ~1~25
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