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PROVIDEn, ALWAYS. thu ~f the 1Ao~t~a~or sh~ll pay u~to the Mo~ta~~ee ~he ~edsbtedness evidenced by a ;
ce~u~n promisso~y note c+f wh~th ths foilow~n~ ie wotds and ~~~ute• ~s a t~ue copy to-w~t'
~ _ ~~t~ - -
, _5 925.00 _ For~ Pieree, Fbrida March 26, ~y 7'_ ;
l• I '
~ ~a; :~~~Ky~~tF$~~~~~i~,~~ WE, ~ointly and severally, promi.~elupa~ !
1o tbs orde~ u~ 0 C n
~{M p~~iVR TH(~ 1S~ AND NIN~E HL_iNDj~D TWFNTY-FIVE a~~R.~ togeth~r with intrml
t' 1~~ ~~ow dN~ q Ihe ate oI tep petceet, pe~ a~um until matu~itr. both principal and inlrrcst t~eing payable in lawful monr~ uf
tl~ United ~tale~ al '«!L1 11pca~nr Ill~d., ~liami, Elurida, ur N weh olher place as the holders hereu( may deeig~ate in writinK.
Ptietipal aad iMe~est pa~aWe in in.tallment~ ~w [ullur~: '
' ONE HUNDRED TWENTY-FIVE ($125.00) DOLLARS per month beginning on the
15th day of June, 1977, and continuing on the lsth day of each and
every month thereafter until paid in full..
! ; . • . •
~ This ~~te may bt prepa~d in whole or in part after one year from the date hereof upon payment of a penalty equivalent
+ to ri};6t ~?rn•~•nt of ll~~• principal •un? prrE?aid_ ,
~ F.aeh imtallmrnt paymrnt ~liall I~e ~redited fi~t on the interest due, and the remainder on principal; and inlerr.t shall th~•n•-
~ u~wn rra.•r uE?un thr principal w rr~ditrd.
' Tl~e mak~n and rndonrn of lhi.ti nutr furlhrr a~e to waive demand. notice of non-paym~nt and prut~wt, and in thr. ~vrnl suit
•liell t?r bruu~hl (or tl~r eoll~ctiun herco(. or the same has to be collected upon demand of an atturney, tu pay reasonable atlorney'.
frr> !ur nuking ~uch cullrctiun.
1)~teRed payment~ hercund~r ~hall bear interest at the rate of ten perc~nt per annum (rom maturity until paid.
7'his note i,c ~ecurcd by a mortgage~of even date h~rewith and is to be construed and enforced according to the laws of the
~tat~ o[ Florida; upon default in th~ payment of principal andlor interest when due, the whole ~m of principal and int~rest
rrmaining unpaid shall, at the uption of the holders, become immediale y due and payable.
~ ' L.~~-~~. ~SEAL) -S G ~A Ii ~ C
~~f (SEAL) i
~ ~
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~ s' ,~G~ G '
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F~repar~d by ~prler 8 Tendrich, Attorneys -'2240 RiFCaynt W~d., Miami. F ida -
and shall perform, comPly with and abide by each and every the stipulations,~asteements. conditions and cove-
nsnts of sa~d promissory nole and of this deed, then this deed and the estate thereby cceated shall ce~se and be
null and void.
1. The Mon~a~or hereby covenants and a~rees:
tsl To ar ~~d s~e~~l~r tAe p~nc~wl ~nd ~nteres~ ~nd otAer su~s ot woney O~Y~SIe Sy •~rtre ef s~~d ~o~~ssay note and tAa ~
~ dted. a atAer. proapilr aa tAe daYs respec4relr the same severslly secomes dut.
I'i 10l to oer~u, ca~wu o~ ~Yffsr no ~~ste ~ed ~o wa~nu~n ~he ~m~ovsments •t ~11 ases ~e ~ st~~e ot ~ood rea~r ~nd coa0~~~on. ~sd to .
~ do a oennl to Ye doss to suA prew~sss eWA~~ th~t ~r~ll stter or chaa~e t6e use and eA~racter of s~~d ~oOerty or in ~ny ~rsr ~n~wu a
! ~ruktn ~Ae secw~lr of tA~~ ~or~~~~e. And m use of tAe rcfYSSI, ne~lecl o~ m~b~l~ly of ~he Mort~~~or to reau ~M ws~n~~~n su0 prooer•
f ~y. 1At MatlN~et ~Yy. a~ his oa~on. aNke s~cA rePa~~s a ca~se the s~aie to ee sade. and adr~nce woneYs in dut beh~lt.
~ (c/ To ar ~11 ~~0 ~~n~~ln ths taass. assesssenfs. tev~es. I~~S~I~t~es. and obl~~~~~ons ot e~crr natwe on s~~d descnbsA poOertr e~cA
aud every .Mea dre ~M N1~ble ~ec«d~n~ to I~r, betore tAer becose del~~orent, and ~o del~vet to tbt Mortas~te on a 4efote WrcA
I IS~A of t~cA yea~ tsa rece~Pts e~~denc~n~ the alr~~uent o! •II I~+rtully ~sOosed tuei (w tAe precel~a{ c~leMu Ytar, to ~ndeea~dy the
~ 11ort~~see rps A~s dcu~d fa all uacs. ~xseax~sn~s •wd cAsr~es tAat ~r be ~ssciscd ~oon tA~s wo~t~~~e on tht ~e0cetcd+~css a•-
c~rN Acreby. asd Pa~a e1 tAe ~pt{i~se. r~1AoY~ re~~r0 to ~ny I~~ Aere~o(ae es~cted a herea(ter io rs s~~cisd i~w?ni aarsent of
tAe ~bls er ~ur ~rt tes~sof ~oon tAe 1~lor~~a{et.
(dl To ar ~tl snA s~u~~l~~ the eos~s. cAsr~es snd esOenses. ~nclYd~n~ I~+~yera' fees ~nd ~Ostnct costs tt~sonably incurre0 nr O~~d ~t
anr ~~~e Ay ~hc Mat~a~ce beca~ae ot thc fa~lure on ~Ae psrt of tbe Mort~s{or to per(a~, canplr o~tA and abide by s~ch and e~sry ~he
s~~pul~t~ons, a~reF~ee~s. cond~t~ons and coren~n~s o( ss~d pros~ssay no~e snd iA~s decd. o~ t~~Aer, and every sucA"p~yieent sAall bea~
m~eres~ fra~ale ~I tlK n~e of tee (IOS) oet centus oer annwn. • E
(e) It f~rd~st crrssa~IN ~u/ ~~reed ~r ~~i~ Mrtiei tA~~ i~ W~ sve~t d~ sYit sei~ iqtiwtd to torsclws tAi~ way~e. the ?lor~-
N~ee aA~tl bs anitls~ w~o?Ir ~t aq lie~ oswdin~ •neM totetlwrre s~it to tMs twtt l~~iu~ jrrisdietion Mtreof fa~ the ~~oiet~en~
of ~ rsceirq of ~11 aiN ~iaptu tl~e wat~a{c~ ~rorenr. ~eA of ~11 rs~u. iaco~e~. ~rofit~. u~res ~sd re~enre~ tkereof. ko~ wh~uot~er
sauce den~ed: a~/ Nisre~ps ~s~eer e:~..•~r ce~sunted ~~d ~~rsN tMH t6s e«n .?.u r«u~.~~s •Mo~p~ .~e .~a
~Ms rawl p+ers ~~rtie~ of receirtr~ in like tuss: ~eA ~~id ~rooint~e~t sMsll be a~e br We cowt ~ ptter of stricl ri~At to
~Ae Mat~~~ee. Md .~e1w.~ retersnce ~o ~he Mew.cr a in~de~~cr ot d~c ~~Irt of tAe Keocrty ~etebr sottaiatd. a to Iht sol~cacr
or iuelrnef ef iAs ~{or~atars ar ~sr oWa artr ~~fesdaui ~o ~rch srit. TU~ Non~~~a Mers?r ~Meitic~llr ~~i~s~ tl~c n~At to osject
~o tie ~~oi~~ca~ o~ ~ rsesi•sr •t«s•.i~ •.e Aere?r ss~es•Ir coa,enu w.i s¦cA •Meiews~ sA.ll ee w.de .s .n .A.~~~ea ea~~~r
~a/ ~~tter of ~l~olrts ri~t to du Ilortp~se tA~t tAe sa~e ~y be da?e ~nt6ore notiee to ~Ae Mo~t{a~a.
If1 1! faeclwnrs ~oesN~a~s ~AorN ?s iu~titutel ~~~irut tAe ~o~nr eo~ersA y~ tli~ ~e~tp~e rooa ~nr otAcr lic~ a cl~~~u .AetAer
~ •Ils{e1 te !s spcna a j~ier to tAe liea of ehi~ ~ortN{e, tAe Mortu~se w~r •t Ais o/tios irsAutely rpn ~n~ut~hon ot s~cA s~~t
er Iw~aa tAe oendsscr ~Asrsof decl~re Ui~ ~~~~s ~sd ~Ae iaAdteda~a• scured berebr dre and o~r~~lc f«M.~U~ ana .~r ~is
~ eru~n ~rocee~ to faeclo~s tU~s ~ory~~e.
~ 71~~ ~As Mert~a ~ilt tse~ ~II ~e~l ~sd Oerso~~l oro~srtr soo ar Msre~her e~eYwlerN ~r t~s I~sn a( tl~i~ ~ort~~~e u?s~roA ~s w~y
§ ~s rspirN fre* tiwe te ti~e bp d~e Mxt~~ss yaisri Iss~ Yr fire. oiMstat~ uN otber hasud~. c~swlties ~nd contia~sacies fa sreA
~~Ni ~M (or ~ot ki~ I~~w ~ticA ~wown~ u ar Se ~ewited !y tAe Mort~{st ~~d to Nr Oro~lr ~Ate dYt ~11 pew~wes fa ~rcA
; ~na~rs~es. ?N ~wereta ef iMrrYCe rswirs0 ~r tie Mort~a~ss sb~ll be ths ~i~i~uw ~~ouw~~ fa vAich i~~d ms~ra~cc ~A~11 be ~ntlcn
~ sw/ u sli~ll N rie~s~t ~ tAs I~ior~{a~or te Nint~i~ srcA ~NiUon~l ~.•~r.e~s w.r ee neces,.rr ~o.ee~ .se coe~oir t~ur .~u
~II ee-i~ara~ee rswirese~q eeaui~eA i~ s~i~ pliciss te tAe eM Uut tAe s~i~ Mortµ~ar ~s no~ ~ ce-~e~wa thsrernler.lniasscs
~ alt~ll.?s ~rrittp hr ~ to~~lr a coyM~s~ q/t~vN er ~eiiWtN ~r tMs MorWass ~N ~II pl~cie~ uw rs~s~~l~ uarsof sA~ll rs Asld ~
~ hr NK AMrtp{ee. All Isui1N ~s~i~tiou~ hr tb Nena~~ot +rA~cA u~ ~ccspN ~p IA~ M~tw~ss ~M ~11 yr~sws~ts, Nt.Ne Mat{~{a -
u~ MorWpe rsl~~~n~ a ia~rn~cs. so~ taiatiq K Asrs~fter ~Ns. M~II rs in .rritiy uw d~~fl Ye ~ out of ~Ai~ ~atN~s a~rtsws~t -
~ u fdlr WoiyM sst fertU ~~r~~ti~ Msni~ uN NNII ~orsrn ~od~ Nrtis~ Mnte ~w/ dair ~recs~ior~ ~M ~~~i~na. Ne lis~ ~pw ur of s'
~sN plicis~ ef iuwM~ce et qw u~f .e~ww « r.a.u rre.~.. .t~~es ..r rs nr•~is a~ as ~..ce~~.~~a~ a ~~r.~•.~~oe ~sr~ot. ah~ll
~ N{~~ee t~ otAsr .rAa~ ~Ys Wrt{Kse. e:es~t y Mere~ sMaie~ai ~(Iias1 to Nl~er •.e •M.e.ee ~r M«~a.~se. E~cA pl~cr of ?
w...~..~.u .rr.a a~ret~ ~ fuN~N Ns~ Yart MatN~et Cl~ws ritAwt CewuiMuia~. ~tiu~ ~tl leis or le~ies rwder srcA '
Nlicr Mr~?b t~ vs Metlp~ss i~a i~~srs~t ~r ~Ms~r. U tIN s~qt ~~w a~~ et weser betawt Ny~blt tAerewilsr tAs Iwwa
Nps aA~ll Aa~e We epiM t~ recei•s ~M ~/~tr dw ~MS a~ ~eeawt ef tlis u/~Ned~s~s Acretir ~sewd. a ~e ~erw~t tAe Mnr~~~~a
te rsesi~s ~u/ ws ~t. w~sy Mr1 d~s~sot. ~i~Aent d~srehr ~~iruy er ~ina{ .~r ~wi~r. I~ss. a~~~At wWer ~M bY ~~~tre of ~A~s j
~rtiye. Is s~nt d Iws w/~raic~l a~a{e le t~s ~ott{~~sA pe/ttty 1Me Mortp~or ~A~11 ~~•e ~r.eA~~~e eaece ihersof br n~~il ~o ~
tAe 11ar1{a~se a+d ~Ae Mnrt~~~ee w~r w~tc ~oof of loss ~f ~Ae ~~~c is eo~ w~~s O~aM11r by tAt li/o?1a~{M. 1~ e•ee~ of (aeclosrrs ~f }
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