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PROVIDEt1, ALwAYS. that ~f the ~1ort~a~ot shall pay unto the 11ott~s~ee the indcbtedness ev~de~ced by a
ce~~a~e ptom~.aoty note of wh~ch the follov?~n~ in wards and f~~uret is s uue copy ~o-w~t
_ _ _ ~ ~~Q~ - 6
6_ 050.00 _ Fort Pierce, h~„~;,~;, November 5, 7_
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~n~l~~~'~~Fc~~~~fNOFF-,-D- D-~-~~c~'~~t2lti~Y
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MICHNO ~s-Trus~tees u :
t~~~• .?r~frr ~~r that certai_~} r ~g~. Ag~e~qp~ kaoam-es _~hea-~' D-~ M~~ HpOFF
;l~?r ~~ri~i~•i~~~l •~~n~ ~~f SIX , THOUSA~ ~c~~'
lY ai1Q_T10/ lUU~-~ ~N~~~ to~rlhrr Milli ~nl~•rr~f ~
thrrrun (rum date at lhr ~at~ of tr~ pen•P~it, ~~cr anr~urn i~nti) ~naturit~•, buth prin~•iNal arid ii~trr~~~l !?rii~R pa~al?Ir in IaM(ul ~nurn•~ ~~I ~
U~r l'uitrJ ~tatr. al Itiu•a~•n~ Bl~~d., 1liami, Florida, ur at wch ull~er place as the hulder: henuf may de.ignate in writuy,~.
ti'rincipal and int~rest payabk in i~~tallmen4. as: fullows:
ONE HUNDRED THIRTY ($130.00) DOLLARS per month beginning on the lSth
day of January, 1977, and continuing on the 15th day of each and every
month thereafter until paid in full.
*~D.D.S. P.A.EMPLOYEES' PENSION PLAN".
Th~s note may be prepa~d ~n v?•hole or in part after one year from the date hereof upon payment of a penalty equival~m
t~~ ~•i~ht ~u•n•rnt ~~f Il~r prin~•ipal ~uni prrpaid.
F:a~•h in•tallm~•nl paymrnl >hall t~r ~•rcditrd [int oo !hr interes? dur., and the remaioder un principal; and inlere~t ~hatl tl~rn•-
u~~uu ~'ra~• upun thr prin:•ipa) W? ~•r~dit~~d.
7'1?r makrn and rndonrn of lhi~ not~ furthrr a~n•r to Maivr demand. noticc u( nun- ~a}rnrnt arid prol~•~l, and in th~• Pvrnt ~uit
~hal~ hr bruuKht (or tlir ~•ull~•ctiun hereo(. or th~ .ame ha~ to be collect~d upon demand o~ an atturney, to pay rea.wnable atlurnr~
( ~r~•. lur makinK ~u~h ~•ullrctiun.
I)rf~rrrd paym~•nl~ hrrnmd~r •hall bear intrrr:l at th~ ntr of ten percr~t p~r annum [rom maturity until paid.
1'hi> ni?t~ i~ ~currd hy a morlgaK~ ot eveo datc h~r~with and i~ to be eonstru~d and enforr.ed aecorJin~ to the laws th~
~tat~ of florida: upon d~fault in th~ pa}•m~nt of principal andl~r inter~st when due, the whole sum of prin~•ipal and int~rr.t
n•n?aining unpaid ~hall, at th~ option of th~ holde~, become immediatel • due and able.
5. ~I~It~hCOMMUNICATIONS, INC.
~I~ 11.
ase~res~ n B rgenr , n ividu--~T1}~~ and
Yr~par~d by ~pKler K T~ndnrh. ~1t~xneys - 22~111 Ri.~cayne Hl~d.. Niam~ i• ln L Dc.'r~nr0~~~' 1QC~1V1aUTl~~y
cre~ar
and shall pertotm, c~xnply with and abide by each and every the st~pulations. agreements, conditions and cove-
nants of sa~d ptom~ssory note aRd of this decd, then th~s decd snd the estate theceby cteated shall cease and be
null and vo~d. - .
1. The Mort`a~or hereby covenants and agrees-
lal To psy all and s~n~ul~r ihe pr~nc~pat and ~n[crcse ~nd o+her sumc of money psyable by v~rtue ot sa~d prom~ssory note and th~s
Oeed. a e,~Aer. pomp~~r on ine dars respeci~~ely ~he same severally becomes due.
le) To pamu. caneu ar sutkt oo raste a~d ~o ma~num ~hc ~mprovements a[ ail hme4 ~n a state o( ~ood rep~~r and cond~non. snd to
do a permu to be done to sa~0 prem~ses noth~n~ ~hat W~11 al[er or cAan~e tl+e use and cAuacter of sa~d proper~y or ~n any way impur a
weaken tAe secu~~ty ot ~A~s aartp~a And ~n cast of tAe iefussl, ne~lect or ~nsb~l~ty of tAe Mort~st« to repau acd numu~e ss~d propcr.
ty. ~he htortp~ee may, at ~is opt~on, make such rep~us a cauae the same to be made, snd adrance nwncys m tAat beh~lf.
(cl To psy all and ~~n~ul~r the tsaes, assessments. le~~es, habd?ues, and obG~at~oes o( every naWre ae ss~d dcscr~bed property each
and ere~y •Aee due anA payable accotd~n~ to f~w, befae ther becane del~nauent, and to del~ver io the Moriaa~ee on or sefore March
IS~h of tacA yex tsa reFt~p~a e~~dencm~ tAe paymen~ ot •11 IaWtully ~mposed taxes tor ~he preced~n~ calendar year; to ~ndemm(y tAe
AAat~a~ee upw~ h~s dem~nd iw all uats, a•sesamcnts and char~es tAat m~r bt assessed upon t6~s a~ort~s~e on Ne ~nde~tedncss
cuted here0y, and paid by the mortsa~ee, .~croae re~ard ro any IaW luretofwe enicted or herestter io be ea~cted ~mpos~n~ ~aymen~ o:
tAe .rAole o~ any ~sr~ tAereot upon tAe Mort~s~ee_
(dl To psy all and ~~n~ular the coa~s, chsr~ts and e:pensec, ~ncludM~ Iiwrt~S~ tee~ and absttact costs reaso~ably ~nturred M pa~d •t
sny i~me Ay ~hc S1or~p`ee becau~e of the (a~lure on ~he pat~ of the Mort~a~or to p'rform, canpty v~N and ab~de by each snd erery the
se~;
s~:~e~e!s, a=~:•~.n~c c~u,d.e~ona and eovensnts o( ss~d D~om~ssay note and tMs deed, or e~~her, and every sueh'p~yment sAall bear
~n~c.es~ (rom date st tAt rate ot ten 110~.I Dct centum per annum.
le) It is fYnAer co~en~ated ~nd s{~ecd br s~id p~rties tb~t in We erenl of ~ suit Aeia{ iastit~ted to toreclose this mat~~~e. tAe 6tat-
~a~ee iK~ll be ew~itkA to ~~ly ~t anr ~iae pendia~ srch forecloswc s~it to Wt towt 6arisi jwisdict?on IAeteof for d1t ~APo~nt~tnl
of ~ receirer of ~II ~and sin~~lu ~he sortss~ed yrooetty. aed o( NI reets. iacoa~ci. ~ofita. i~i~es ~sd re~enucs tAcreof. fro~ vMtsoever
SOYfCt dcnred; ~nd there~pa+ ~t „ n«<er e.~e•,ir covenantcd ~M qreeA tA~t tAe COYft ~A~II ~OftI1~1tA ~~0111t ~YCA ftCl~rtf ~ttA
the uswl oo+rcrs ~nd dut~es o! ~ccei~en in lite c~aes; and aaid a~ointeent sba11 se Mdc er tl~e cowt ~s ~ aatter of strict ri~ht to
the Mort~s~et, uW .r~U~ar~ reference Io ~ht ~deawcy a in~dequscr ot the r~Irt ot tht ptopetty Atteby oott~~~ed, a to ~he solvcncy
a iniolvencr of the Mat~a~ora a~ny otAer p.~~r a~rena.~~ ~o .~e suit. TAe Nott~~or 6ersbr soecifit~lly r~ives We n~ht Io object
to tbe ~~oint~ent o/ a receirer ~a dorea~iA ~nd hereby espesslr consents tA~t snch ~~e?int~ent sA~ll be Mde •s an ~dwitted equ~tr
~nd a Mtter o! ~bsolute ri{At to the Morcq~ec ~nd th~t tAe t~ee ~ur be doae ~ritMoat eotice to the Mort~~~or.
(f) If fotetlo~urc OrocesdieN iAould be inatit~teA a~~iesl the Oro~yttty torered Or U?i• rott{il~t uPon anr oWet lie~ or cl~us ~fictAtr
•Ils~ed to be srOetia a jYnior to die lien of this wort~~~e, tt~o AAortp~ee ~ur •t Ais oPtion iersed~~telr ~aon ~nstltuuon of sucA a~~t
d dw~ss tAe pendencr tbereof decl~re tAis sort~~{e ~nd tAt inde4tdn~~s sec~ted herebr dre and P~r~ble forth~~th ~nd m~r ~t ~ts
o~t~aa ~oceed io iweciwe tais ts~rs~sst.
' (V TA~t We Mon~or ~ilt teeo sll re~l uW penoa~l pro~crt~ ao~r a Aeredtcr eacuabcred br tbe licn of tAis ~aq~~e iasurcd ~s m~r
!e reanired fro~ ti~e to ti~a Ay tAe Mott~a~ee ~~aisil loas 4r fi?e. +riMs~on~ and otAer h~:ards. e~swl~~es ~ad con~ip~encies for such
per~ods ~M fa sot Icsa tl~a~ ~uch •nornu as w.r be ~eau~red br ~hc Mwyyse aad to ar yrowplr ~Aen dYe ~11 oraa~wns fa sYCh
iruw~nce. TAs ~sounta e( is~rru~ce req~~red br ~e Moru~{ee ~6~11 be the ~isi~we ~souMS tor rA~cA s~id ~naw~nce ab~ll be ~nttea
~nj It sA~l! ~t tsCW~bM! Y/Ow UIt YWtj!{Of t0 Min~ais aocb ~itiaaN insrru~ce ~s a~r be necess~rr ~o meet ~nd complr Irllr .~U
NI co.iwrnaee ~eani~cwe~u caat~ised in s~id ooticies to the eed W~t ~Ac ~~id Mo~ta~~ar ~s no~ ~ co.inswor ihereunder.lns~u~ncc
~A~II ?s .~ittss ~r ~ ca~~~Y a cap~a~e~ ~~wred or Aes~~uatsC br tMe Man~~~ss ~sd ~tl ool~cies ~nd r~se~als u~ereot sA~ll se Aeld
?r tM~ Yptsyee. All Ntailsd ~ssip~tions br tYe Mory~sor ~Aieh u~ ~ecepsd by Ws Mort{~~se ~nd ~11 yre~wca[s rst.een May~~o~
•M Mxt~ss rsl~ha~ te in~~r~aes. no. e:isun~ or hers~(ter ~~As. s~~ll be in .ritiei sM d~ll be ~ Part of tAi~ ~a~p~e ~~rss~sa~
a~ frllr tAoY~A ~el fptA rste~ti~ Aue~e anI tAaf) ~ovsrn bML ~utiss Le~slo awd tAsit ~rcctsson ~d ~a~i~n~. No lien roen ~nr of
s~11 plicie• of ip~Yrwce a ~~os ~sr refwN ot tewrn ~tA~~ ~~eA Nr be ~Y~OIs on Wt c~~ttll~tioe a tenr~e~t~oe thereof. sA~ll
be ~~~sn te otAtr ~hw tAs IlortN~se. eacsot br ~ooet tMase~ent ~ffiacd to srcA ooticy and ~~o~td br R{ort~~~cc. E~cA ool~cy o(
~euraucs ~A~11 M~e affiaeA iAereio ~ St~nOard Ns. Yak MoriNaee Cl~we .iUieW CoatriAYaon. watie~ ~11 loss or losses under srcA
plier Mr~Ale ~o tAc Mortp~st as its iatcrest w~~ ~Neu. i~ tAe ets~t ~tr sw~ or iwAS o( Aoetr ettowe Nr~blt 1Aettw~der thc Mat-
t~~se sAall h~ve ~Ae o~uon to receive ~aL •plr tAe ius au ~eeanc of tlie u~dsAtedesss Acrc?r secweA. a to oeiw~t ~he Nortaaia
~e rscei~e ~M ws ~t, ot ~nr ~rt Wereo(. ~ithout tAsre?y ~~ivu~ or iwNir~~ aAy e~~~r. lies. ot n~At ~nder anC by •~nre of ~h~s
" wat~e. 1~ e~est of lo~s a~Araic~l d~wa{e ~e tAe wat~~{td Oroos~tr tl~s Mo~tp~or s?~11 ~~~t ~~wed~~tt noUCt thertof br ma~l to
d?s Mary~~ec +ed tAe Na~~a~ee w~r ~iMte ~oof of loss ~he s.oe +s eo~ a~ade ~ra~qUr er ~be aloryia. In even~ of forccloswe ef
' a 6C•cr~UO lAL: VZ~, ~
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