HomeMy WebLinkAbout0453 PROVIDEf~. A~v?AYS, th~i ~i the ~1ort~s~or :haif pay unio the ~Ion~~see the indebtcdness ev~Jtn~ed by ~
certa~~ p~om~.sorY no~e of wh~ch tAe follow~n~ ~n wo~ds and f~~utcs is ~ ltue copy to-w~t
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~75.00 ForC Yierce, F~a~~~~~~---- --1~ebruary_26,__ 77 -
i f11H~`,V.I~F:IiF:CF:I~'F.I) I----- - - -Proru~.rlu~~a~
; t~~ th~ ~rdr~ _ _ TILLIE FRE~T~N _ - - - - . :
; ~h~ r~~~~~ TWO THOUSAND _ONE HUNDRED SEVENTY-FIVE __and n~j~~~,~, ~~~~rlhrr wilh ~otrrr•~ ~
i th~~run (tuni date al thr nt~ uf trn ~Krrrot, ~~e~ a~nun~ until maturity. Iwi1h prinripal and int~n•;l I~rinK pa~'abl~ iu Irwful nw~~r~ u(
~ thr (~idtrd ~tatr. at :.''~~•1 {iiw•a~nr Iihd.. ~liami. Flo~ida, ur al rueh ulhr~ Nlace :~s lh~ hulder. h~reu( maY ~r.~i,~nat~ ~~I wnUu~.
{'nnc~~~al and inte~ert pa)able in inrlallmen4. ax (ulluwc: .
FIFTY ($50.00) DOLLARS per month beginning on the lSth day of May, 1977,
and continuing on the lSth day of each and every month thereafter until
paid in full.
Th~s nole may be ptepaid ~n v?~hole ~~r i~ part atter one yeat (com the Jate herc~~f upon paymcn~ of a penalty equ~valcnt
tu riKht p~n•~•nt ~~1 Ihr prin~•ipal ~um pn•prid. .
f:a~h in~lall~nrut paYnlrnt ~I~all br rrrditrd fint un th~ int~re.t Ju~, and thr rrmaindr~ on princip~l; anJ int~n•t •hall thrtr• •
u~~un ~•ra~• upun lh~• pnnr~pal w, ~•rrd~trd. '
TI~~ n?al~~n ~nd rndor,rn uf th~• nutr lurthrr a~rrr !o w~aiv~ drmand. nuUrr u~ nun•F~a~ ~nrnl and prul~•~l. and in tl~~ r~•rn! •uit
,h~ll (?r bruuRht (or th~• ~~ullr~tion h~~roL or lhe ~ame ha.+ to br culkct~d upun d~mand u( an atturn~y, tu pay r~a~unabk atlorn~y~•
f~•r. fur makiuK wch ~•uQ~rtiun. .
Il~(~rr~d paymrnh hr~rundrr .hal) t~e~ar ~nlrr~~t at thr rat~ n( ten per~~nt p~r annum (rum matunh~ ontil paid.
7'hi~ not~ ix v~•und by a mortRaK~ ~~f rven Jat~ h~r~with and is tu tx ~•onstnird and enfotred a~~-cKdinR to tl~e IsMC th~
~iat~ of FloriJa; up~~n rkfault in th~ pa~•m~M o( prinripal an~U~?r inter~st wh~n due, th~ whole ~um of principal and int~rr~t '
` rrnuminR unpaid •hall. al lh~ optiun oi th~ h~?l~kr~. Lernme immedia ~ly due and pryaWe. :
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Y~~p~r~d bt ~pKkr ~ lrndn~h_ :111Mn~ys - 2~~11 Huv~aynt Wrd.. ~liami. Florida ~
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and shall per(otm, comply w~th and abide by each and every the stipulat~ons, aareements, conditioes and cove-
nsnts of sa~d ptom~ssoty note and of this deed, then th~s decd and the estate thereby created shatl cease and be
nuli and voiJ. '
T-
I_ The Mott~a~ot heteby covenants and a6rees: ~
(a) To p~y •II and sin~ul~r tAt a~~~~wi ~~d ~ettrest and other suma of moneY D~Y~DIe by vutue o( s~~d pran~ssay note and ~A~s
deed. or t~tAer. prompllr on the daYs resptc~~rely the same severslly becomes due.
lb) to pera~~l, cWM~~I or sY(ftr 11o ws~t a'10 ~o m~m~sm ~he ~mp~orcments at •ii umes ~n ~ slNe ot ~ood repa~r afkS i~ltWR~on, snd to
do o~ pens~~ Io be done ~o ~s~d prcm~se• notAms tMe Will alter w cMnie the use and cA~ncur of sud poper~y or ~n sny waY ~mp~~r or
' ~Nkte tAe sscunly o( tA~s mort~~~e. And ~n c:se ot tAe re(usal, ne~lec~ or mab~lur of the Mort{a~or [o rcpa~~ acd mamta~n s~~d proper-
~y, iAe Ma~q~ee maY. s1 A~s op~~oo. make sucA repa~rs or cauat tAe s~me to pe made. and adrance moners ~n that Eeh~lf.
(c) To psr s~d ~~n~ular the ts~es, assessments, le~ ~es. I~abil~l~es, and obl~~at~ons oi erery e~ture on sa~d descnbed poperty esch
i snd evtry rAen due snd pay~sle sccad~n~ ~o ta~. ~e(ae they ~ecomc dtlmauent, snd to del~vet to tAt Mort~a~ee on or bcfore March
131A o( t~cA rex ~s¦ rece~pts er~denc~n~ ~he payment o( ali Iaw(ully ~mposed taaes (or ~he preced~n~ eslendar year; to ~ndemmfy tAe
~ Mort~~~ee upon h~s Jem~nd (w •II ~aats, a.sesaments and char~es ~hst may be •ssesscd upon ~his mal~a~e on thc ~ndebtedness
~ c~red htrebY. a~o r,~a ey tAe mat a ee. .~tAout re a~d to an lar Aeretofae en~cted a hereafte~ to be enacted m~ Y
~ i~ • Y posm ~a meet o!
1he rAole o~ snr ~art thereo( upon the M.~rt~~~te.
~
~ (dl To pay :II snd ~~n~ular the cos~s, char~es snd tipenses, ~nclud~n~ Is~yers' fee~ and apstract costs reasonaAly ~ncurred ~r p~~d at
~ any ~ime Ay ~he Ma~~s~ee secsu.e of iAe fs~lure an ~Ae psrt of the Mort~s~or to perform, canply r~~h and ab~de Oy escA and every iht
s~~pul.~~ons, a~reemen~s, cond~uons ana covenants d ss~d pramssay note and tA~s decd, o~ e~1Aer, ~nd evety such~p~ymen~ sha{1 bear
~ ~mc~cs~ ban da~e st ~he r~tt of ten I IOS) per ctntum per annum.
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~ 11 i• brd~a to~cs~etsd u~d ~~rted br ~~id p~rt~ea tba~ in tAc ereat ot s~~~ ~a,u~~~~a ~o r««to,e w„ so~i~.ac. tAe Mort-
~ p~ss al~11 Ae t~titk~ to ~~Ir ~t •up ~i~e osedis~ ~rc6 torectos~re srit to tbe caut \~ris~ j~riidiotlan Wereot fa d~e ~~o,Qiasn~ _
o( ~ receirsr of ~11 ~sf ain~nl~r tAe ~or~tat~d OroP~ny. tad of ~11 ~eat~. iscowe~. oiofia. i~srs~ ~~d tereenes tAcreof. lrow ~A~uoerer
sauce Acr~~ed: aM tl~ere~yoe it i• Aereby eaore~~lr eovseantN ~ad ~/reeA ~~t ~Me Caut aball fa~ti~itA ~poiat ~rch recei~sr ~itA
~ Ws wwl po~er~ uN O~hss of receirc~~ in liks c~~t~; ~eA ~~i~ ~point~eet sh~ll 6e ..e~ sr ae et .~~e~ ~o
~ Ws Yai~a~ee. u~d ~1tAoYt rclereace to tAe Meawcr or in~dcan~er ot tAe ••IYC ot ~t~s ~ooerir Aereby wa~~.ied, or to ~he iol~ency
~ o. ~s.o~.s.~r ot ~Ae Mo.~aas«s or .ar ower y~ttr defetW~at to ancA sri1. TA~ MortN{ot Asrstir ~Otcitie~llr ~~ivei 1he n~At te oAjtct
~ to t6e ~Moi~t~snt of ~ recsi~e~ ~a ~fors~~id ~eA Aersby sapres~lr can~s~t~ tA~~ •ncA .~o~e~.em .s.u se ..de .s .e .a.~~~~a ea~~~r
~nd ~~ttet of ~baolWS ri~bl W t~e Nortqstt ~oA tAst lMc ~~~t rr !s does ~itYwt ~oliee to U~e Ma[~~~a.
~ (f) If fasclo~~rs /rocssdis{~ sAoYN !e iwtituted ~~~isst We p~eos~tr eoversd br tAi• ~onp~s Y000 ~11r Odltf IitA Of cl~~~ wACtAt~
~IIs~sO te Oe s~tno~ at jYniar to tAe liee of Wi~ ~taa~e. tl~e NortN~ss Mr e~s o~~os ~.~se~„uir ~aititutien o( s~cb irit
~ e~ ~wina ~Ae Otndsncr Wersof Cecl~re e!?is sort~~~e ~ad ~As inAee~sde~s~ see~rsA Aasby dre •M wraels tau~.~u~ •na ~a•r
~ opiaw ~oceed to taectwe Wia wory~~e.
~ (v TA~t tAe Mort~or rill teq ~11 rc~l ~nd oer~oa~l pro~ertr non or Asrca(tsr eec~a~bersd br tAe I~sn ot this soru~~e ~nsured ~s ai~y
~ !e teqrirN (tow tiee te lise !p Ux Mortsaiet spinst Iws br lite. r~ndatotm atM otAer A~iards. c~swlucs aM con~u~sencie~ [or such
pa~ods ass3 for aot kss tAaa as~cA at+o~nts ss mar Ds rsquirsd bY U+t Mottisits tad to ~aY oroe~tly ~Asa dYe all prciaiums for iueA
; iaaw~ncs. TA~ ~sf~ ~t iyrr~ce rsq~usd br ~e Nwt~~~se s?~11 is 1~s ~iwa~ ~~wats (or ~1ici~ ~~ii ~~sw~ucs ~i~~li be +rr~tita .
~ ~w/ i~ s~atl ~s a~ew?s4i qo~ tbs Mor.yaao~ to Miet~i~ srcA ~ddit~aa~l i¦a~r..ce ..r be pe~e,s.rr ~o .es~ .ne ~a.oir nnr
`s ~tl ca~~artMes rsryrits~s~t~ ceataieed in s~id ool~cis~ to tMs ee0 tAat tAe •~i~ Morla~ot is eot ~ co-iasaa~ thereiwder.lnsw~ace ;
~ sA~ll ?t ~rritt~e y~ cey~~r ar caywu~ ~prored a~es~~n~tsd er iAe Mar~s~s~ ~ed ~11 plicis~ ~ad rsws~~li tusrsot sA~ll be held
~ hr us Yart{a~e~. All btailN ~~ii~u~t~ons Ar t~s Mort~~~or ~rh~oh ~rs ucepted ~r ~6e Matt{a~st u~ dl yrse~tnta Nlwsse Iilort~~~er
~ Morqa~ss rsl~tm{ to a~rr~ece. ~o. ea~~tln~ a A~rs~t~e~ w~ds. ~11 bs i~ ~ritia~ uW a~~ll ~e ~~t~ of ~Ais ~atN~s yrts~t
~ u frllr tAowA ~st (orM rst?~/~~ As~s~n wd sMll ~orets lolb /utis~ hsrete aaA tYsi~ ~rcce~sots sM u~i{us. No lieA ~paw ~ur of
~~N plici~~ et iiuw~wct ~r was aq refWN o~ rstvn Ms~~w~ vliieA rr ~ ar.eis o~ as c.~eu•ua+ « urw~..i~oe u~~r~ot~ sA~ll
~ be airea se esAer tksn tas Yertiajse. ex«~ er ~oe~: ~~eo~.~~eA~ .rr:~e te ,.e~ pe~~er aae ~~ro.ee eY ~rarss.=ee. ~.~e ~oi~~Y os
~ iqrr~scs ~A~11 Aa~e dl~sN tAsrs~o ~ Sqsd~rd Ns~ York Mort~~ee Cl~ws ~~tMon~ Coev~M~uou. pt~ni NI loss a losses Ynder sYCA
~ /~lity Mra~ls ~o tl~s Ma~tM~se ~s ~ti ~n~crei~ ~ur ~Meu. 1~ tbs svu~t ~nr a~ a iwr et ~oaer Oscawe My~ele iAersYnOcr tAc Ma~.
N{ss slull Aave U~e ortiea io rses~re •M •plr 1Me s~~e ow ~ctawt ~f ~Ls redsbte0neas Asrsby iecwed, or ~o oen~~t ~he Wnr~~~~a
~e .ecelvt •M v~s ~1, oe ~er ~n tAtreo[, ~ithout tRere~r .ei+ies a ieePeerss~ enY equltr, liee, a tttRt msdtr anQ br r:rtse o! Js:s
~ ee
~ort{a~e. U e~e~t of Iws a pAraicd d~~~e to tAe ~aq~~eA /ro~ertr Me Mortp~o~ iUaU ~~~e ~~d~~te nW~ce thereof by ea~ii lo -
~ Ue Mortpps aad iAe Mer~~a~se ~r ~~c proof of loss d tAc s.we no~ ~.ade ~owalr y ~Ae lNory.~er. In sven~ of faeclosws of '
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