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and ahall per(orn?, comply wifti nn a~ic~s 6y eac1~ and every the agreementa, aflpu~altoria. eondiltona and f
c~ovenanfs thereo% and oj lkts n~ortgape, t1~en tl~is morigoge and tl~e satats hsr~6y croaled, shall ceaia, tl~• '
termine and be null and votd. ~ ~
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~ I~P mo?tgago~ hee~6y ~urihe`r coulnniits and uei+es~ to pay promptly wke~ due t1~~ prir~ctpa! and {
intereal and otl~er suma o~ money provided (o~ in satd note and thb mortgope. or ett6er; to pay aU and
aingu~cu the ~QXPJ, asaessmenfa, ~evies, ~iabt~ities. obllgalions. and vncwnbrances oj everq nolur~ on soid pro-
perty; fo penr~if. commit or suf/er no wasfe, impairment o~ deferiomtion o~ said ~and or !he improuemenb
t~erron at nny ftme: fo ~~ep II~e 6uildings nou~ or herra/ter on satd land /u~~y inuu+ed tn a awn o~ not ~ess
~I~an higheat inourabl• anwuat
in o company or rnmpanies accepfable to t~e morfgagee, fhe po~tcp o~ po~tcies to 6e held 6r, w~d Po~wbl.
to. aaid morfgngee, ane~ in the event any sum o~ money bec~omes ~~6[~ 6y virtue b~ tuch t~aurance t~e
moNgagee s1~aU ~ave !he right to recei~e and apply II~e aame to t1~s tndebtedneas hereby secured. ncrounting
to t~e mortga~o~ (or any surp~~u: to pny o~~ cosis. c~a?gea, and expenaes. inc~uding ~awyers ~eea ancl t[t~e
searcties, reasona6ly incun~ecl o~ pntd 6y !1?e morfgagee because of t~e ~n~~we of the mortgagor to prompt~y
and Ju1ly rnmply with tl~e agreements, afipu~alions, rn?~ttlons anc~ covenanfs o~ aaid note ond if~is mortgage,
or ei!{~er: to per(orm, comply wif/~ and abtde 6q each and every the age+eementa, stipulntions, conditfons and
rnuenanfs sef forfl~ in said note and f~is ~reorfgage or eittier. ln fhe enenf !he mortgagor ~at~a io pay when
due any tax, assessment, insurance premium o~ other sum o/ money paya6le 6y virfue o( satd note and thts
mortgoge, w e.if~er, t1~e morfgagee may pay !he same, u~It~out wniuing or a1~ecfing the oplton to lw~ec~ose
or uny otf?er ripht he~punder, and aU such paymenta thaU bear tnterest /rom date t/iereo/ at tl~e l~tgl~e~t Iaw-
(ul rate tf~en .nllowec! by tf~e laws o( the State oj Floridn.
~l any sum of money tierein re(erred fo be no! prompf~y pnid within 30 dayt next u~ter
il~e same becomes due, or i/ eac1~ and euery tbe agreements, stipulafions, rnnditions nnd eovenants o/ said
note and Il~is mortgage, or eit{~er, are not JuIIy perjormed, complied with and o6~ded 6y, tlten t6e entire ~
sum mentioned in said note, nnd tl~is mortgage. or tl~e enti?~e 6alance w+pnid ther+eon, shall /oNh~,~~h or 1
tltareajler, at !be oplion o/ the moNgagee, 6erorne and 6e due and payab~e, anyfhtng in aaid note or herein ~
to !he oontr+ary nolwithstanding. Failure by tF~e morlgegee to exenciae any oj the rights or optfona he?ein '
provided si~a[I not consfitule a waiuer o~ any rig~ts or options under said nole or t{~is mortgage accruecl or
tl~ereaJfer accruing.
~n ~itness ~hertof! 1/~e said mortgngor hns hereunto signed nnd sealec~ theae pr+esents i~e
cray anc~ year ~irst atiove u~riffen. .
gne e' and deliverec~ t presen a: ~
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STATE OF FLORIDA, ~
COUNTY OF Dade
I HEREBY CERTIFY that on thiu day~ be[ore me, aa
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenn~ ~pecwnalty appeared
ORLANDO E. PIEDRA and MARIA A. PIEORA, his wife ~
to me known to be the prnon 8descn'bed in and who executed the torcqoing instrwnent a~a t2~ey acknawkdsed
betorc me that ~eycxecuted the same. ~ ~
WI'{'NESS my hand and oiticul ~eal in the County and State last aforaai~ thisr~J~~~-~--',.. _dar of
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Irla=Cl'1 A. D. 19 77 " . - • ~
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~ NOp4RY PUl~tC STit*f Oi fiQ!~tOA ~ 1t UR6E
MY CQgt~~~;;i0n f:~P!RfS ~r,:n 1918
TMkU Yn7JJu~~ 8~7MD1flG ACEI~i~
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r~,~ 1,~~„~~ pn~na ay: FR~?NCISCO R. coszo, E~.
2650 S. W. 2?th. Av~tsue 6~~~~~
e Add,xu Suite 3-B
~ Miami, Florida 33133 ~
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