HomeMy WebLinkAbout1594 . ~
(b~~ d•n. ul w~d ~wua uf ~auMy herein ~et~Ked ~o b~ nw ptNnptlr ~nd fullr p~id with~n twenty d~~~ nest
rh. • tl~r .a~~~~ •~•..~~11~ I~rrns~~~ du~ u~d pay~bl~, s~ if ~~~h ~nd ~r~ry~ 1h~ tlipuluiom, ~p~~n~~ets, roeditio~~ ~od rov~e~nl~ uf wid
p~~.~~~~...~n n~Nr •n~I th~• Jr~d. w ~i~h.~. •rr no1 f~lly ~?fotmtd. ~omplitd wilb rnd •bi~lr~l by. 01 iI p~lymrM~ ~t~ dlow~d lo Mr~om~
.1. hm~urn~ up~~n +o) pnur rD~YWnL?oAt'r a~rNioR th~ pruprHr hrrrin ~onKrnr~l. Ihr ?si~l ~R~~~R~t~ wio oi•nlion~d in uid prom~NOry
n~~n• .I~.d) 1~...~~~~~• ~lur .o~l p.yabl~ (otlhwilh e~ Ihr~~~flsr at Ih~ oplion eI Ihr ~1orIRaR~~ ai fullr ~nd ~.?o~~I~~.Ir u i/ Ih~ ~aid sslt~~•
,e~i. ,um ..f •~~d p~.~nu..~.?~ nM~ wa~ ariR~~aUr .uPulued ~o tK P,~d on .u~h dy. ~n~~hinR in a~~d p~nm~s~ory not~ o? A~~r~n ~hr ~on• -
~~~n u.~lwdh•~~nd~n~ .
1 j 1 Tha1 ~n erdrr ~«elente the muo•itr tbc i~deMeaoa~ be.sby ~ecu?ed. bee~we o( ehe f~ilun tM M~rip~~~ 1~ p~r ~ry
us. sweqmea~. li~bilhr. obliptio~ K ~ncwubr~aee ~pew wid ~~perty. y 6creiw p~ovided. it ~hall a~t be neeeaaq ~eauiute tlwt
thr mahp~er ~hall bru p~y ~ht a~me. '
2. The ~lortga6er m~y, at Iw optioo, aad without waivin hu riaht to ~ccelerate the indebtedoew herebr
~ccurcd and to foreclwe the same. pay either betore or a[ter .de~quency ao or all o[ thwe certain oblisatiou~
u~
required by the term~ hereof to be paid by the Moctsaaor !or the protectioA oE t e mbrtgage ~ecurity or for the o~lke-
tion o( the iadebteJneM hereby ~ecund. All ~um~ w adva~ed or paid by the Muttga6ee shall be charaed iato the
mortRa6e account au~! bccome aa inte6r~l part ihereof. ~ubjeet in all reapect~ to the ternu. conditioa~. and eoveaant~
o( the ~fore~aid promiasor.• aote. aad thi~ mort a6e, aa [uUy a~d to the same e:tent a~ tl~ouah a part o[ the oci~ioal
iodr6tednew evidencrd b~~said aote ~nd secu~ by this tnortgaae~ exceptia6 however, thst ~aid ~um~ ~hall be repaid
the Mort~aRee forthMith up~~n it~ demand aad be in addition to the tegulsr monthly iwtall~aenb provided by tLe
mort6sRe note.
3. That the abstract or abu~cb d' tide coverins tL,e mort6~ 6ed property ~hall at all tima, durin~ t6e life of
t6u mortRa e. rem~in in poNCwion of the Mortaa6ee and ia event of the foreclosure of thu raort a~e or other traa~fer
of title ta t~e inorta~geJ property in extinauuhment of the indebtednas ~ecund hereby. all ri~y title ~ad intere~t
o! the Nort~a6or in and to any ~uch ab~tract~ of title shall paw to tbe purcha~er or ~~ntee.
~t. To the extent of the indebtednea of the Mortasaor to ehe Mon6a6ee dacribed henin or ~ecured ~enb~r,
the MortRagee u hereb~~ subroaated to the lien or lient and to the ri6h1~ of the ownen aad holden thereof o[ e~ch
aud ever.• mort~a~~, lien or other incumbrance oa the land described hereia wWch is paid i~d~0i NU~CIE~ 1D MEIQ~
or in pan. out of thr proceeda of the toan deacribed henin or secured hereby. and the reapectire lie~u of said mort•
d~Rc~, lien~ or other incumbraacea, ~hall be aad the ~ame and each o[ them hereby u prererved and dull w to and
be hcld by the Mort6a~ez herein a~ aecucity for the indebtedncss to the Mort;a6ee herein described or here~r ~ecured,
to the ~am~ r:tent that it Mould .have been pre~en+ed and ~rould have been pused to aad been held by tha Mott6a~ee
had it b~ea dulv aad regularlf assiEned, transferred, ~et over. and delivered unto the Mortga6ee by ~epar~te deed af
awi~ament. notwith~tandinF the lact that th~ same m~y be satisfied and cancelled of record. it bein6 the intention o~ the
pat~tia hereto that the wme will be sati~fied and canoelled o[ record by the holden thereo( ~t or about ihe titne o[
the recordia6 of thia mort~~ga ,
S. In the event the ow•nenhip of the mort6aaed premiaea. or any part thereof, become~ vested in a penon other
than the Mort~a6or. the MortgaK. c ma~, without notice to the Mortaa6or, deal with ~uch succe~sor or succawn in
interest aith.re(ercace to thia decd ~and the debt hereby ~ecured. in the same maaner as Mith the 111ongagor wit6o~t
in anr wa~ vitia~iaa or diechar~in~ the Mort~a~or
• liability hereunder or upon the debt hereby secured. No ~ak of
the premise~ herebp mortRaRcd and no forbearance oa the part of the Mortga6ee. and no extension of the time for tlse.
psrment of the debt hereb.- Eecured givea bp the Mort6asee ~h~ll operate to rclea~e. di~charge~ modifr. chan6e or affect
the ongiaal liability of the ~fortE~Eor herein either in whde or in paiR.
ti. The lien of thi~ deed ~ecure~ and ~hall contiane to ~ccure pa~ment of said indebtedne~s or indebtednar, ~
howe.er evidenced. whether by uid promiswry aote or any reoe~ral or extension thereof or sub~titute therefor. or
otherwise, nntil all ~uch ind~~~~~~--~- -~s~~ ~a~t !w^ ~•stty ..=sa, _
. r
' 1~? tl~r e.rn! the properiy~ encumbered by ihis mortgage shall become invol~•ed in any condemnation pro- •
~~rr~1~nK~. ~1~~• i~~?l~lrr ~~f thia mottRaRe ahall become entitled to defend any euch actiun, and the title holder ~hall be
fi.blr f~~r ~II ~~~~.t~ an~l a~torne~- feee incurred in connection with sucl~ defense. the same to be 6:ed and set by the
c~~n~l~mna~n~n ~nn, an~l th~ holder of thia mortRaRe shall be entitled to receive anv award made in-auch condemnation
pro~rr~IinK- f~~r thr p~upert~ taker~, euch eum when paid to be appli~d to a reduction of the mortKage indebtedness.
R._ 'fhr holdrr uf this morlRaRe aRrcee to promptl~ furniRh upon 1he written r~quest of the mortRagor, his hein
! ~~r a••i~~~•. ~~r attornr~, a~tatement in writinR of the principal balsnct due upon thu mort~caRe, aa of an~ speci6ed date.
~
f 4. 'I~l~r trrm~ "~lortRaKor" and ":NortgaRte" whenever used in this inetrum~nt rl~al) in~lu~:F the hein, personal
~ reprrsrnta~i~r+, •uccer.~ora and aeei~~x of the rrepecti~•e partie~ hereto. Q'herever used.the einRular .:umber ehall inelude
~ the plural and ~hr plural the ~in~tular, and the uae of am- Rend~r shall include all genders..
' lu. Thi~ i~ a purChase money~ f irst mortgage upon the above dascribed propem.
~
~
~ IN WITNESS WHEREOF, the s~i~ Mort6~6or hereunde~ ~et~ his and d~eal at Miami~
Dade l:ouaty. Florida. the day and ~ear fint abo~e r.ritten.
t
~
SiRned, sealed and delivered . S~i?t.)
~ in the pre~ence of: . , ru ee
~
~ (SBni.)
~
~ ~a?~~~. ~ , (SLU.)
Jt V •
C
~ _ _ _ . s Nc•~~hU[U (Sf.AL~
~1'.LUCI. ~ .
~ FtOGER POITRAS
TATE OF FLORIUA ~ CIERK CIfiCUIT CO',JP11t~~--
~ C[)UtiTY Ok UADE i ss RECGRD~r~1~~~C. }
~
~ ~
~ Hefore me penonalh~ appeared MARKUS A. FRANKEL~ Tr'ustee 4~~~
~ to me w~ll known and known to me to be the individua~~ deacribed in •nd who e:ecuted lhe fore6oin6 insirument, ~nd
3 a~•knowl~dRed brfore m~ that they ezecuted the same for the purposea therein expreNed.
; ~ ,.~i...I2th `
R I'I'~F.~~ my hand and o1i'icial seal in the County and St~te la~t afo~~~' ~~~J , d~~ o[
~ • ti
; ~~f,.;.
a • ~1•'.-;1,~ ~ ~i , .
~ June ~ A. D. 19 7 9• 7 ~ r
~ 1 • . {ci
~ - ' . • .Yi ' t
v .
j ' ~i.~ ~ i~~ ~ ~
~ ~1~ I:nmmi.~i~~n F.:pires: . !Votary Yublic. St~te ~0~~ ~
~ .
' ~ N~~t.~n ~~•.~I r ,~.4-~~.?;:;~~_~',:
!K).•:~~ i~~blll S~A,t ',J~ ~LURIDA Ai L/~# ~i:'~:i.~t.::•'
~ ~AY ! C~MMiS~ION EAI~r MAY lZ 19~2
~ ~ R `~11 ~
~d'a Orl (1r~t llt IYf~Yl~~t ~~1.'~Y • u~r~r ~