HomeMy WebLinkAbout0981 . . . . _ _ _ _ _ _
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1. To pay all and rinpular the pr{no~pail and ~ntareat arui other aursa o~ money payabla by
v~rtue of aaid promiaaory notor. and th~e daed, or etither, promptYy on the dayi reapeaf{v~y tAe
aame aeveralty become du~.
To pay all and ain~ccr the fa~ei, wiesemen~, lsvie~, t{ab~tittisa, obl~aCioni, c~»d eno~cm-
brancea af every »ature o» aa{d deacribed pro~e~rty. each and every, and tl~ aame be ~sot prornpt-
ZY P~ui the m.id Mortpa.~se~ , ieQai rrprasentatttiei or aatiP~+, ~1? ~ ariY
time pay the aame without waiv~nq or af~~ the optton to forec~oaa ~r axy riqht herattnder,
and gve~ry ~?ayntent ao made ihail bear interttt ~rom the eiate thsreof at tha rate~ of 18
cent. per antaars.
s. To pay aU and aingular tha eoati, el~arpea and experiaea, incl~rdin~ lawyer'~ ~aaf, reaso»-
ably incurred or paid at any time by ac~d ~[ort~aflee~, t eir ~+~ra, l~ad reprs~tntatitiea
or asaigna, becauae o~` tl~e fa.rxure on t1t.s part o~ the aaid Mort~agorr., her ~~ra, i~ai
repreaentati~e~r or aaai~~s to perjorm, compdy with a»d abide by each arui every the at~pu~iationa,
ayreementa, conditiona and covertanta o~ aaid promisaory note_ crnd ~hia deed, or either. and
every such payment shaJl bear intareat from da.te at the rnte af 18 per cent. per annurn~.
.4. ?'o keep tha buildinga now or hertc~tar on aaid la~d inatired sn a aum not l~sa than
~~,h~Ct i na»rahle valuey noUara, in a company ot co~rtpanies
to be approved by ~aid Mortgagea~ and tlke poiticy or Toiiciea heJd by and payabie to aaid Mort-
9agee_ s, their ~eiri, le~ai re•preasntatives or aasi~~a, and in t.hs ~nent
any aum o~ mmsey becomea paya.ble unddr t~tch policy or poli.cita, the Mortgaqa~, their
_heira, ieyai ~epraaenta~t~ivea or aaaipr~a, ahaU have the option to reeeiva a!?d
appty the same on account of the indebtednesa hereby aecured or to permit ths ~ Mortgayor.` to
re~eive and use it or any part thareof fcr othar purpoaes, without thereby waiviny or impair~~ ~
~ any equity, iien or right utu~er or by virtua o~ thia mortQaye, and may place and pay for auek
insurance or any part thereof wdtko~tt. waitifti~? or afJacttinq tlae option to forecloaa or any rigrht
l~ereu~dar, arid ~ach and eve~y rueh payn~eat ~hati bear intereat from date at tlr~ rnts of_~
- per cent. per anfaan. I
5. To permit, .commit crr auf
f er no waate, irnpair7ncni or deterioration of aaid proparty~ or any
part tl~reof. '
. 6. To perform, comply ~aith, and abtide by eaeh and every tha atiptdat~ona, agreatnenta, eor~-
dition~a and covenanta in aaid grorrtiaaor~ note-, artd in thia deed aet f
orth.
7. If any of aaid auma of money kerein re~erred to be not promptly and ~uily paid w{thin
' 1 ~ ~ya next af ter tl~ sama sevaral~y beeoma due arfd yxiyable, or if saeh and enery~ tA~s
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f atipula.tions, agreementa, conditio~na and covanant~ of aaid promiaaory ~sota~ gnd tlsia deed, or
j eether, are not fully pgrformed, compiied uritk arui abi,ded by, the s!Wd ay~re~ate aum ~
~ in eaid promissory note_ sha2i beeotne due ard gayabla fortkwith or thereafter at the option of
' the 1ltortgagee~, their ~;.ra, kgal repreaenta.tivea or aaeiy~w, aa fuAy c~d ebmpiatsiy
i Fortv thousand and -------no/100
! aa if the aaid aggreyate sum of ~ila.rs ware
k originally $tipula.ted ta be ~aid on auch day, anything in said pramisaory note- or herein to the
~ ~ cantrary notwittcstandin.D.
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! - her _
~ IN WITNFSS T9HEREOF, the aocid Mortgagar___, ha s_~~.~nto aet _
) hand nnd seat~the da~{ arui year firat above wri . .
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~ Sigr d, sea.led and deliv ed in preae~nce ~f ua: S {Ssui)
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i liis lus~niuu-n~ ~r~•p~irr~l h),
~ ROLAND VUME~Z, ESQ.
. iJ,/~~:<s 1700 Sans SoL~ci Blvd. a~~~
North Miami, FL 33181 ~