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YROVIDk:D, AL~VAYS, tliat i[ the 1liortgagor ahall pay unto the lliort~agee the indchtcdnees evidenced by a ~
cer?niu prumiaaorq not9 of which ihe followin¢ in F~ords and ficurea is a true ea~~~ ta•~vit: _ ,
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j'67~•~ ~a~~ /~a~i J~~ 21rt, 6~
~ Miami, Florida .19 _
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FOR VALU ' GEIv de~ ~01Aii~ ~ !hTl1'"~ll,r _ !
t,. s ~ o_ promise to pay
~'i~l\_,~J :~1~I1 '..in~-L:'i'..~11:1IL 1 •~..~~SV-T ' . 1
to the ordcr ol -~y~~-
the principal sum of ' W~OLLARS, together with interest
thercon irom cl~te at the rate of ten percent. per annum until maturity, both principal and interest being payable in
la~~~Eul money of the United States at ?0~ Itoper Building, Miami, Florida, or at such other place as the holders hereof may
dPsignate in ti~~riting. Principal and interest payable in installments as Eollows:
lbs~r (=y~?.00} ~ol]~r! ~t a~tti? b~i~i~ oa ihs ~
lgth 8s,~? ~ol~, 1966, ~d oaat~i~ins ~ t~a ~54~ ~
dy ot ~sah w~d ~~r ~ra~th tharoi?!'~ t~til ;
I ` in f~ill. ;
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"I'his note n~a}' I~e ~~re~r.~i~l in ~che~le ur i» ~~art aCter unr ~~e:u~ Iruz~i the ciate hereof uE~on ~~a~~ment oE a penalty '
eyui~~.~lent to t~ti~o ~~ercent ul the f~rincipal su~u i~reE~ai~i. ~
Each installmen: payment shall,be credited first on the interest due, and the remainder on principal; and interest
shall thereupon cease upon the principal so credited.
The mal~crs and endorsers of t$is note further agree ta waive demand, notice of non-paymenc and protest, and {
in the event suit shall be brought for ttle collection hereof, or the same has to be collected upon demand of an attorney,
to pay reasonable attorney's fees for making such collection.
DeEerred payments hereiwder shall b?ar interest at the rate oE ten percent. per annum from mawrity until paid.
This note is secured by a mortgage of even date herewith and is to be construed and enforced according to the laws ;
of the State of Florida; upon default in the payment oE principal and/or interest when due, the whole sum of principal ;
anci interest remaining unpaid shall, at the option of the holders, become immediately due and payable.
HOBERT T. I,ENTZ (SEAL)
B~.t~'lli~ I~L~I`ITZ (SEAL) 'I ~
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and sl~all per[orm, comply with and abide by eaeh and evuy the sdpulatione, agreements, conditionB and covenant$ of
eaicl promiasory note and of this deed, then this dec,d and the estate thereby created ehalt cease and be nnll aud void.
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1. The biortgagor hereby covenante and agreea: ~
(a) To paq ail and ~in6ular the princigal ~nd intereat and olher anru¦ of moae~ pa~ablt by ~•irtue of eaid promiseory note and thie ~
deed, or either~ promptly on the da7s reapecdvci~ the eame stverall~ bttomte dne.
(b) To pcrmit, eounmit or tuffer no waate and to mrintain the imprevements at all timea is a etate of 6uod repair and conditieo; and ~
to do or permit to bc done to aaid premisu nothing that rrill alter or ehan,se the ~e aad eharacter of eaid propert~ or ia an~ way ~
- impair or wtaken the aeeurity oE thia mortEsRe. And ie cue of tb+e refueal, ne6leet or inabiliqr of the Mort6aaor to repair and maintain !
t eaid propcny, thc Mortsa6ce may, at his option, niake sneh repsrs or cauee ttte eame ts be made, and adv~aee moree~s in t2ut behalf.
(c) To pay all and sinEular the tucea, :sac~amenta, levies, liabilitica, tnd obli~stiona oi eccry natnre on said dtseribed preperty esch i
and every when due and payable aceordin6 to law, bt(ote ther become deliuquent, and to ~deliver to the Mort6,a6ee on or before Mnrc6 j
15th of uch year tu receipta evidentina the payment of all )awfnil~ impored tazes for the pneedina ealendar yar; to indemnif~ the F
= btort~aRee upon his demand for all taxea, aase~ment6 aad eLaraca that may be asscssed upon this mort5~6e on the iadebtedaeae eecured ~
4 hereby, and paid b~ the morigaRee, wi~hont rt6ard to any lew hererofore enaeted or hercniter to be enacted impoein6 ps~neot of the r
- whole or anr part l{iereuf upun thc hlurigagce. ~
(d) To pag all and einRular t6e costd, ebar6es and eacpensea, iodudin6 lawyen' feta and abstrsct coeta reaaonablp incnrred or paid at ~
any time by the ~iort6agee beeeuse o( the f~ilnre on the pari of the iiort~a6or to pecform, toaiply xith and abide by each and every
the atiputations, aareementa, conditions and co~•enante o( aaid promieaorp note ¦nd thia dted, or either, and every eucb pannrnt ehall ~
bear interaet from date at the rate of ten per centum per annum.
(e) It ie further covcaanted and aFrecd b~ said parties t6st in the er•ent oE a snit beie6 inatituted to (orecloee this motigsae, the Mort-
6a6ee ahall be endded to spply at an7 tuas pendiu6 eaeh foreelorure aait to the conrt 6avina juriadictioa ebereo~ for the appeiolment ~
of • reeeiver of all and ain6nlar the mortEaded property, and of a!1 ~eata, i~omee, pro&t~, iaad and reveaues theroof, Irom Mhat~oerer '
eource derived; and thereupon it ie hereby e:prualy eo~enanted and sareed that the Conrt ehall forth~ith appoint andi receiver with ~
the wuel powcre and dutiea of receiven in like uses; aad said rppoiutmeat e~hall be made b~ the eonrt aa a tnatter of etrict ri~t to ~
the hSort6a6ee, and without refcrcoce to the :dequacy or inadeqtuey o( ihe value o[ tht propuq hertby mort6a6ed, or to the 6olvency ;
or inaolveney of the Mort15a6ors or any other party defendtnt to such cuit. Tl~e Mort~abor hereby epecifitally waivca the riEht to '
objert to the appointment of a recei~•er as aforesaid and Lereb~ acprcaely tortsents that sach appointment ehall be made aa an admitted ~
equity tod as a matter of absolute ri~ht to the MortEa~e aad th~tt the 6ame may be doae without notice to the Mort6aaor. ~
; (f) If foreciosure proceedin~ ahould be inetituted a6ainst thepr openy corered by thia mortga6e npon anr other lien or elairn whcther ~
1 alle6ed to be superior or junior to the lien of thia mort6a6e, the Mortga6ee m~y et his option immtdiatelp upon iostitution o[ aueh ~
~ suit or durin6 the pendeuey thereot declare this mort6aae and tbe indtbtednesa eecured hereb~ due •nd payable forthwith and may at
~ its option proceed to (oredoae thia mori6a6~ ' ~ 4
6a6 p penonsl propert7 now or hercaftcr encnmbered b~ the lien of thia mortEaae inaured
+ (a) That the Mort or will L-ee all real and -
} sa may bc required from time to tiine by the Mort~aaes a~aireat loes bp 6rt, wiadatorra and other hazards, usnaluea and contingeocira
for aueh pcrioda and [or not leas t6an sneh amounta aa may be required by the Mort6a6ee and to pa7 promptly when dne all preruiums ~
for euch inaurante. The amounta of ioaurance reqnired bT the MortpEee Ehall be thc minimum ~mounta (or whieh aaid ina~urxnce ahill i
t~e written and it ebalt be inenmbeat npon the Mort6a6or to maintain sneh additioeal inenrance se msy be necesaar~ to mcet and coruply ~
(ully with all cainanrsace req0iremeata conuined in aid polides to the md tbat tt?e said Mort6s6or ie not a co-ioeuro~ thsreunder. ~
In~urance ahall- be written by a company or eompanid apQ~ove~ or deei6nated by t~e Mortsa6ee and all polieita and renewala thereof ~
ahall be held bs the htort6abee. All deuiled deai~tations b~ tbe Mortga~or which are aeccpied b~ the Mortga6ee and all a~eea~enta
bctween Mort6a6o: an.'. Mortgagee relatin6 ta innnau, now erietin6 or htredttr m~de, ahall be in writin~ snd nhsll be a part oE thie ~
mort6i6e a6rcemeut as fnlly aa th~ubh eet (orth verbatim huein and e~ll 6ove~n both parties hcreto and their sacceseon and aasi~na.
No lien upon any of eaid palieita oi inaurance or upon anr refand or return premium which may be pa~able on t~e cancellatioo or }
termination thereof, ahall be ~iveo to other ihan the Mort6aget, e:cept by~ proper endorsemeet sfGzed to sueh polic~ and approved b' ~
btort6a6ee. Each policy of inaunnce ehall bue a~zed thereto a Standard 1Vew York Mort6a6ee Ctinse witl~out Coatribntioq making ~
sll losa or laaaea nndtr anch poliey paysble to the Mortaa6ee ts iL iniereat ma~ appear. In tho event an~ enm or eums ot ~nooey be.eomc
payebte thereander the MorigaRee ahall have the option to etceite and apply the eame on aeco~t of the indebte~eaa hercby eecured,
or to permit the Mort6aaor to receive and uae it, or any part thveof, withont thereby wai~in6 or impairinE au~ eqnity, lien; or ri~ht
under and by virtne of lhia mort6aFe. In event of loea or p67~iral da~ua6t to the mortRased ¢roperty the :tiiongeaor shall five imme-
diite notiee thereof b~ mail to the Mon6asce anJ the Mort6asee may make proof oi loea if thc eame is uot made promptly by the
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