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HomeMy WebLinkAboutPre-Legislationd-86-1224• 12/19/88 RESOLUTION NO. 85.71234 A RESOLUTION ALLOCATING $300,000 OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO THE LITTLE HAVANA ACTIVITIES AND NUTRITION CENTERS OF DADE COUNTY, INC., FOR THE PURPOSE OF ACQUIRING A BUILDING LOCATED AT 700 S.W. EIGHTH STREET; SAID ALLOCATION CONDITIONED ON SAID AGENCY SECURING A GRANT IN AN EQUAL AMOUNT FROM THE STATE OF FLORIDA; FURTHER CONDITIONING SAID ALLOCATION ON SAID AGENCY DEMONSTRATING THE ABILITY TO CONTINUE OPERATING ITS PROGRAM WITH CURRENT RESOURCES; FURTHER AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH THE AFOREMENTIONED AGENCY IN A FORM ACCEPTABLE TO THE CITY ATTORNEY. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Seotion 1. $300,000 of Community Development Block Grant Funds are hereby allooated to the Little Havana Activities and Nutrition Centers of Dade County, Ina. for the purpose of acquiring a building located at 700 S.W. Eighth Street that will house the Senior Center that provides meals and other services to elderly City of Miami residents and to assist in seouring the economic well-being of the East Little Havana area of the City of Miami. Section 2. The herein allocation is conditioned upon said agenoy securing a grant in an equal amount from the State of Florida or other source and upon said agenoy demonstrating the ability to operate from its new building with existing resources. The City shall be entitled to the return of its herein grant on a first priority basis from the agenoy's reoeipt of sale prooeeds if the building being acquired by the agency is ever sold; further, in the event of such sale, the City shall also be paid a pro rata share of the building's inoreased valuation as a form of interest upon the City's herein grant of monies, said pro rata share as interest not to exoeed 16%. CITY CONiMISSIQN 1 MEETING OF DEC 19 t995 ^q RESOLUTION NOSS--1234 REMARKS T 11 it PASSED AND ADOPTED this 19th day of December , 1986. ltiY.tlt� XA IER L. SUAR Z, MAYOR AT Th ST : TATTY HIRAI CITY CLERK PREPARED AND APPROVED BY: .') rt 4 ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROV AS TO PO • ;?Se` CORRECTNESS: LUCIA A. DOUGHERT CITY ATTORNEY RFC/rr/301 AN CITY OF MIAMI. FLORIDA INTER -OFFICE MEMbRANbUM 45 To Honorable Mayor and Members of the City Commission rRo"Cesar H. Odi`. ' City Manager December 12, 1985 DATE• sueJEcr Resolution Allocating $300,000 to the Little Havana Activities and Nutrition Centers of RErERENCE9: Dade County ENcLosuREfJecember 19, 1985 Commission Agenda It is recommended that the City Commission adopt a resolution allocating $300,000 of Community Development Block Grant funds to the Little Havana Activities and Nutrition Centers of Dade County, Inc., to acquire a building in the East Little Havana area. The Little Havana Activities and Nutrition Centers of Dade County, Inc., has requested $300,000 from the City of Miami for the acquisition of a building located in East Little Havana. This building would be used to house the Senior Center that provides meals and other services to elderly City of Miami residents. Acquisition of the building would also assist in the revitalizaiton of an area of the City which is targeted as a priority for economic development. The agency proposes to match the $300,000 requested with funds from the State of Florida and private donations to acquire the building. The Little Havana Activities and Nutrition Centers has been serving the City of Miami since 1973. Its primary focus is providing meals and other services to approximately 13,000 elderly persons each year. In addition, the agency provides employment and training services for individuals of all ages, refugee services, day care - afterschool care and an art center for local artists and craftsmen. The agency currently has an operating budget of nearly $3 million dollars from Federal, State, Local and private funds. The agency has occupied its current site since 1974. In recent years the volume of services has led to serious overcrowding conditions that come close to violating safety and health regulations. To alleviate this situation, the agency proposes to acquire a facility located at 700 S.W. Eighth Street (which was previously used as a high school). The building has been well maintained and would require only minor improvements. The cost of acquisition and improvement is estimated at $800,000. The agency has secured $140,000 from the State of Florida through Title IIIB of the Older Americans Act. These funds must be contracted by December 31, 1985 Page 2 RE: Resolution Allocating $300,000 to the Little Havana Activities and Nutrition Centers of Dade County, Inc. December 12, 1985 or reallocated elsewhere. An additional $160,000 has been committed from the State with the condition that the organization obtain matching funds from the City of Miami. The $300,000 requested from the City would match the State funds. The remaining $200,000 would be in the form of donations and/or private contributions made to the agency and applied toward the purchase price. It is recommended that $300,000 be allocated to assist in this acquisition, contingent on the allocation of State funds in an equal amount, and conditioned on the agency demonstrating its ability to operate from the proposed facility. This allocation of $300,000 is only authorized for capital acquisition and does not affect the 15% cap imposed for social services programs. It should be noted that the acquisition of this facility will not only insure the continued provision of quality services to an underserved area of the City, but could also serve as the impetus needed toward promoting the economic revitalization of East Little Havana. The attached resolution allocates $300,000 of Community Development Block Grant funds subject to the conditions outlined above. Also attached is a copy of the application from the little Havana Activities and Nutrition Centers of Dade County, Inc., a letter of support from the Little Havana Development Authority, and the commitment letter for the $300,000 from the State. Enclosures FACE SHEET TITLE OF PROJECT: "VILLANUEVA" TYPE: APPLICANT: CONTACT PERSON: TOTAL AMOUNT: $800,000.00 AMOUNT REQUESTED FROM CITY: $300,000.00 Match for Building Acquisition Little Havana Activities and Nutrition Centers of Dade County, Inc. 819 S.W. 12 Avenue Miami, Fi. 33130 Josefina Carbonell Executive Vice -President (305) 858-0887 iq 1956 NAY -5 PH 3 t8 REIc 12877n 4233 GR 1 l} 3898 MORTGAGE EXHIEBIT 1I This Mortgage made on this C4 day of , 1986, by and between Little Havana Activities and Nutriti Centers of Dade County, Inc., hereinafter called, "Mortgagor", residing at 824 S.W. 7th Avenue in the City of Miami, County of Dade and —State of Florida, and the City of Miami acting by and through the Director of the Department of Community Development or its successors, hereinafter called "Mortgagee." WXTNESSETH, that to secure the payment of an indebtedness in the principal amount of Three Hundred Thousand ($300,000) dollars with interest thereon, which shall. be payable in accordance with a certain Promissory Note, which Promissory Note is hereinafter called' "Note", bearing even date herewith, a. true and correct copy of which, exclusive of the signature of the Mortgagor, is attached hereto and made part hereof a= .,Schn, 10 "A", and all other indebtedness which the Mortgagor is obligated to pay to the Mortgagee, pursuant to .the provisions of the Note and this Mortgage, the Mortgagor hereby grants, conveys'and mortgages to the Mortgagee: ALL that certain lot, piece or parcel of land situated in the City of Miami, County of Dade, State of Florida bounded and described as follows: Lots 1 and..2, less the North ten feet; and all of Lots 19 and 20, Block 63 S, CITY OF MIAMI, according to the Plat thereof, recorded in Plat Book B Page 41, Public Records of Dade County, Florida TOGETHER with all appurtenances thereto and all the estate and rights of the Mortgagor in and to such property or in anywise appertaining thereto; all buildings and other structures now or hereafter thereon erected or installed, and all fixtures now or hereafter attached to, or used in, or in the operation of, and such land, buildings, or structures which are necessary to the complete use and occupancy of such buildings or structures for Q the purposes for which they were or are to be erected or installed, including, but not limited to, all fixtures, and all replacements thereof and additions thereto, whether or not the• ame are or shall be attached to such land, buildings or tructurea in any manner; TOGETHER with any and all awards now or hereafter made for the taking of the property mortgaged hereby, or any part thereof, if the taking thereof shall effect the operation of the property (including any easement) by the exercise of the power of eminent domain, including any award for change of grade of any street or other roadway, which awards are hereby assigned to the Mortgagee and are deemed a part of the property mortgaged hereby, and the Mortgagee is hereby authorized to cdllect and receive the proceeds of such awards, to give proper receipts and acquittances therefore and to apply the same toward the payment of the indebtedness secured by this Mortgage, notwithstanding the fact that the amount owing thereon may not then be due and payable; and the Mortgagor hereby agrees, upon request, to make, execute and deliver any and all assignments and other instruments sufficient for the purpose of assigning each such award to the ortgagee, free, clear and discharged of any encumbrances of any ind or nature whatsoever; and TOGETHER with all right, title and interest of the Mortgagor in and to the land lying in the streets and roads in front of and adjoining the above described land (all the above described land, buildings, other structures, fixtures, awards and other rights and interest being hereinafter collectively called the "Mortgaged Property"); REC l 28 1 p� 4234 TO HAVE AND TO HOLD the Mortgaged Property and every part thereof unto the Mortgagee, its successors and assigns forever for the purposes and uses herein net forth. AND the Mortgagor further covenants and agrees with the Mortgagee, as follows: 1. The Mortgagor will promptly pay the principal of and interest on the indebtedness evidenced.by the Note, and all other charges and indebtedness provided therein and in this Mortgage, and further agrees to modify or amend the terms of this Mortgage and/or Note as may be required by the Mortgagee in order to comply with applicable Federal, State or local law. 2. The Mortgagor will promptly pay when due, as hereinafter provided, all taxes, assessments,water rates and other governmental charges, fines and impositions, of every kind and nature whatsoever, now or hereafter imposed on the mortgaged property, or any part thereof, and will pay when due every amount of indebtedness secured by any lien to which the lien of this Mortgage is expressly subject. 3. This Mortgage and the Note were executed and delivered to secure moneys provided to the Mortgagor by the Mortgagee as or on account of a loan evidenced by the Note for the purpose of purchasing the described premises. 4. No building or other structure, improvement, or fixture mortgaged hereby shall be removed or demolished without the prior written consent of the Mortgagee. The Mortgagor will not make, permit or suffer any alteration of or addition to any building or other structure or improvement now or which may hereafter be erected or installed upon the Mortgaged Property, nor will the Mortgagor use, or permit or, suffer the use of, any of the Mortgaged Property for any purpose other than the purpose or purposes for which the same is now intended to be used, without the prior written consent of the Mortgagee. The Mortgagor will maintain the Mortgaged Property in good condition and state of repair and will not Buffer or permit any waste to any part thereof, and will promptly comply with all the requirements of federal, state and local governments,' or of any departments, divisions or bureaus thereof, pertaining to such property or any part thereof. 5. The Mortgagor will not voluntarily create, or permit or suffer to be created or to exist, on or against the Mortgaged Property, or any part thereof, any lien superior to the lien of this Mortgage, exclusive of the first mortgage lien held by Consolidated Hank of Miami, to which this Mortgage is expressly subject, as set forth in the granting clause above, and will keep anal maintain the eAme free from the claims of all partiee supplying labor or materials which will enter into the construction or installation of the Improvements. 6. To the extent permitted by law, all of the' personal property described in the mortgage shall be deemed to be fixtures and part of the real property. 7. (a) Mortgagor will keep all buildings, other structures and improvements, including equipment, now existing or which may hereafter be erected or installed on the land mortgaged hereby, insured against loss by fire and other hazards, flood, casualties and contingencies, in such amounts and manner, and for such periods, all as may be required from time to time by the Mortgagee, but in no event less than the aggregate amount of all mortgages, liens and encumbrances on the property. The Mortgagor will pay promptly when due, any and all premiums on such insurance, and promptly submit to the Mortgagee for examination receipts or other evidence of Such payment as shall be satisfactory to the Mortgagee. The Mortgagee may obtain and pay the premium on (but shall be under no obligation to do so) every kind of inaurance required hereby if such premium has not been paid when due as required by this Mortgage, in which event the -2- REc 1287T PC 4235 Mortgagor will pay to the Mortgagee every premium so paid by the Mortgagee. Unless otherwise required by the Mortgagee, all such insurance shall be effected by Standard Fire and Extended Coverage Insurance policies, in amounts not less than necessary to comply with the coinsurance clause percentage of the value applicable to the location and character of the property to be covered. All such insurance shall be carried in companies approved by the Mortgagee and all policies therefore shall be in such form and shall have attached thereto loss payable clauses in favor of the Mortgagee and —any other parties as shall be satisfactory to the Mortgagee. All such policies and attachments thereto shall be delivered promptly to the Mortgagee, unless they are required to be delivered to the holder of a lien of a mortgage or similar instrument to which this Mortgage is expressly subject, in which latter event, certificates thereof, satisfactory to the Mortgagee, shall be delivered promptly to the Mortgagee. (b) In the event of loss or damage to the Mortgaged Property, the Mortgagor will give to the Mortgagee immediate notice thereof by mail, and the Mortgagee may make and file proof of loss if not made otherwise promptly by or on behalf of the Mortgagor. Notice shall be given within five days of such loan. Each insurance company issuing any such policy is hereby authorized and directed to make payment thereunder for such loss to the Mortgagor and the Mortgagee jointly, unless the amount of loss is payable first to the holder of a lien under a mortgage or similar instrument to which this Mortgage is expressly subject; and the insurance proceeds, or any part thereof, if received by the Mortgagee, may be applied by the Mortgagee, at its option, either in reduction of the indebtedness hereby secured, or to the restoration or repair of the Mortgaged Property damaged. In the event of foreclosure of this Mortgage, or of any transfer of title to the Mortgaged Property in extinguishment of such indebtedness, all right, title and interest of the Mortgagor in and to every such insurance policy then in force, subject to the rights and interest of the holder of any such prior lien, shall pass to the grantee acquiring title to the Mortgaged Property together .with such policy and appropriate assignment of such right, title and interest which shall be made by the Mortgagor. 8. The Improvements and all plans and specifications therefor shall comply with all applicable local ordinances, codes, regulations and rules made or promulgated by lawful authority, including without limitation the South Florida Building Code, and upon their completion, shall comply therewith and with the rules of the "Board of Fire Underwriters having jurisdiction . 9. The Mortgagee, by any of its agents or representatives, shall have the right to inspect the Mortgaged Property from time to time at any reasonable hour of the day. Should the Mortgaged Property, or any part thereof, at any time require inspection, repair, care or attention of any kind or nature not provided by this Mortgage as determined by the Mortgagee in its sole discretion, the Mortgagee may after notice to the Mortgagor, enter or cause entry to be made upon the Mortgaged Property and inspect, repair, protect, care for or maintain such property, as the Mortgagee may in its sole discretion deem necessary, and may pay all amounts of money therefor, as the Mortgagee may in its sole discretion deem necessary. 10. The principal amount owing on the Note together with interest thereon and all other charges, as therein provided, and all other amounts of money owing by the Mortgagor to the Mortgagee pursuant to and secured by this Mortgage, shall immediately become due and payable without notice or demand upon the appointment of a receiver or liquidator, whether voluntary or involuntary,. for the Mortgagor or any of• the property of the Mortgagor or upon the filing of any petition by or against the Mortgagor under the provisions of any State insolvency law, or under the provisions of the then current bankruptcy act, or upon the making by the Mortgagor of an assignment of the Mortgaged -3- Property for the benefit of the !Mortgagor's creditors. The Mortgagee is authorized to declare, at its option, all or any part of such indebtedness immediately due and payable upon the happening of any of the following events: (a) Nonperformance by the Mortgagor of any covenant, agreement, term or condition of this Mortgage, or of the Note of any other agreement heretofore, herewith or hereafter made by the. Mortgagor with the Mortgagee in connection with such indebtedness, after the Mortgagor has been given written or oral notice by the Mortgagee or its agent, of such nonperformance and provided such default is not cured or commenced to be cured in a reasonable time as set forth in the Notice; (b) Failure of the Mortgagor to perform any covenant, agreement, term or condition in any instrument creating a lien upon the Mortgaged Property, or any part thereof, which shall have priority ever the lion of this Mortgage; (c) The Mortgagee's discovery of the Mortgagor's failure in any application of the Mortgagor to the Mortgagee to disclose any fact deemed by the Mortgagee to be material, or the making therein, or in any of the agreements entered into by the Mortgagor with the Mortgagee (including, but not limited to, the Note and this Mortgage) of any misrepresentation by, on behalf of, or for the benefit of the Mortgagor; (d) The sale or other transfer of any kind or nature of the Mortgaged Property, or any part thereof. The Mortgagee's failure to exercise any of its rights hereunder shall not constitute a waiver thereof; (e) Any dissolution of the Mortgagor, Little Havana Activities and Nutrition Centers of Dade County, Inc. All the events in this paragraph enumerated upon the happening of any of which the Note shall become, or may be declared to be, immediately due and payable are in this Mortgage called "events of default". 11. The Mortgagee may from time to time cure each default under any covenant or agreement in any instrument creating a lien upon the mortgaged property, or any part thereof, which shall have priority over the lien of this Mortgage, to such extent, as the Mortgagee may exclusively determine, and each amount paid, if any, by the Mortgagee to cure any such default shall be paid by the Mortgagor to the Mortgagee, and the Mortgagee shall also become subrogatnd to whatever rinhte the holder of the prier lien might have under such instrument. 12. (a) As additional security, Mortgagor hereby assigns transfers and confers to Mortgagee any and all leases affecting the Property as well as the right, power and authority, during the continuance of this Mortgage, to collect the rents, issues and profits of said Property, reserving unto Mortgagor the right, prior to any default by Mortgagor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues and profits as they become due and payable, and the Mortgagor shall not further assign nor encumber the rents, profits and income of the Property or any part thereof, without the prior written consent of the Mortgagee. Upon any such default, Mortgagee may at any time without notice, either in person, by agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured, enter upon and take possession of the Property or any part thereof, in its own name sue for or otherwise collect such rents, issues and profits, including those pa -at due and unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable attorneys' fees upon any indebtedness secured hereby and in such order as RV i 2877PG 4237 Mortgagee may determine. The entering upon and taking possession Of the Property, the collection of such rents, issues and profits and the application thereof as aforesaid, shall not cure'or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice and the enforcement of such right or remedy by Mortgagee once exercised shall continue for so long as Mortgagee shall elect notwithstanding that the collection and application aforesaid of such rents, issues and profits of the • Property may have cured for the time -the original default. If Mortgagee shall thereafter elect to discontinue the exercise of any such right or remedy, the same or any other right or remedy under this Mortgage may be reasserted.at any time and from time to time following any subsequent default. .Prior to entering into any'eubleases of any portion of the property, Mortgagor agrees to obtain City's written approval to any sublease and execute an assignment of rents and lease agreement. (b) in the event that the Mortgagor occupies the Mortgaged Property or any part thereof, the Mortgagor agrees to surrender possession .of such property to the Mortgagee immediately after any such default hereunder, and if the Mortgagor remains in possession after such default, the Mortgagor may also be dispossessed by the usual summary proceedings applicable to tenants. This covenant shall become effective immediately upon the happening of any such default, as determined in the sole discretion of the Mortgagee, who shall give notice of auch determination to the Mortgagor; and in the case of foreclosure and the appointment of a receiver of the property, the within covenant shall inure to the benefit of such receiver. 13. The Mortgagee in any action to foreclose this Mortgage shall be entitled to the appointment of a receiver without notice as a. matter of right, and without regard to the value of the Mortgaged Property, or the solvency or insolvency of the .Mortgagor or other party liable for the payment of the Note and other indebtedness secured by this Mortgage. 14. The Mortgagor, within ten (10) days upon request in person or within twenty (20) days upon request by mail, will furnish promptly a written statement in form satisfactory to the Mortgagee, signed by the Mortgagor and duly acknowledged of the amount then owing on the Note and other indebtedness secured by this Mortgage, and whether any offsets or defenses exist against such indebtedness or any part thereof. A 15. The Mortgagor will give immediate notice by registered or certified mail to he Mortgagee of any fire, damage or other casualty affecting the Mortgaged Property, or of any conveyance, transfer or change in ownership of such property, or any part thereof. Notice and demand or request shall be made in writing and may be served in person or by mail. 17. In case of a foreclosure sale of the Mortgaged Property, it may be sold in one parcel. 18. The Mortgagor is lawfully seized of the Mortgaged Property and has good right, full power and lawful authority, and will warrant and defend the same to the Mortgagee forever against the lawful claims and demands of any and all parties whatsoever. 19. This Mortgage and all the covenants, agreements, terms and conditions herein contained shall be binding upon and inure to the benefit of the Mortgagor and the heirs, legal representatives and assigns of the Mortgagor, and to the extent permitted by law, every subsequent owner of the Mortgaged Property, and shall be binding upon and inure to the benefit of the Mortgagee and its assigns. If the Mortgagor, as defined herein, consists of two or more parties, this Mortgage shall constitute a grant and mortgage by all of them jointly and severally, and they shall be obligated jointly and severally -5- AEC 12871pp 4236 under all the provisions hereof and under the Note. The word "Mortgagee" shall include any person, corporation or other party who may from time to time be the holder of this Mortgage. Wherever used herein, the singular number shall include the plural, the plural number shall include the singular, and the use of any gender shall be applicable to all genders wherever the senae requires. 20. This Mortgagee is also .-given for the purpose of securing future advances which the Mortgagee may make to the Mortgagor pursuant to the terms and provisions of the Agreement between the Mortgagee and the Mortgagor dated which ie deemed to .be incorporated by reference. IN WITNESS WHEREOF, this Mortgagee has been,;duly signed and sealed by the Mortgagor on or as of the day and year first above written. WTTNESSESS: STAT OF FLORIDA ) COUNTY OF DADE ) MORTGAGOR: Little/Havana Activi- ties and Nut it on Centers of Dade County, I c. BY: Vice-P e=ident ATTEST: 4,.„e ,..... Coporate Secrotav +- V - • :v' V 4 .J. dl !! Before me personally appeared each known to me, who, having .been dully sworn acknowled ed!! beforg me that the foregoing Agreement was executed -by 11// ee,e6 6;,re , as Vice -President and by /1/142/,4..b/;" , as Secretary, on behalf of LITTLE HAVANA ACTIVITIES AND NUTRITION CENTERS OF DADE COUNTY, INC., a Florida corporation. IL frill; at Miami, Dade County, Florida, this O- day of i , 19B6. D�V�r ••�-r4_;•c._ _.. to ion expires., _Su 190 boo til'AII'lpi NOTARY PUBLIC, STATE CjFr FLORIDA AT LARGE -6- Schedule A REC 12877FG 4239 PROMISSORY NOTE EXHIBIT II Miami, Florida • Amount: Of34-0/S•�'o• 4 _. Dat e= Via, /986 FOR VALUE RECEIVED, the undersigned promisee to pay to the order of the City of Miami, Florida, (herein called the "CITY") acting •by and through its City Commission and Department of Community Development, the principal sum of Three Hundred Thousand Dollars ($300,000.00) with interest payable at the rate of Twelve per centum (12%) per annum accrued interest.from date of default, if any one of the following conditions occur: (1) Fails to provide meals and other services to elderly residents at the property located at 700 Southwest 8th Street and 824 Southwest 7th Avenue, Miami, Florida. (2) Transfers title to the property located at 700 Southwest 8th Street and 824 Southwest 7th Avenue, Miami, Florida, for which a Mortgage secured by this Promissory Note has been recorded, which title is currently vested in the undersigned as Little Havana Activities and Nutrition Centere of Dade County, Inc. (3) Any dissolution of the Little Havana Activities and Nutrition Centers of Dade County, Inc. (4) Fails to comply with any term, condition, agreement or covenant contained in the Mortgage which has been recorded and is secured by this Promissory Note. (5) Fails to comply with any term, condition, agreement or covenant contained in the Agreement between the City of Miami and the Little Havana Activities and Nutrition Centers of ad County, Inc. dated IN THE EVENT of failure to comply with the above conditions, the entire principal amount of this Note, as reduced in accordance with the following paragraph, together with accrued interest, shall become due and payable at the option of the City without notice to the undersigned. Failure of the City of exercise such option shall not constitute a waiver of such default. IF this Note be reduced to judgment, such judgment should bear the statutory interest rate on judgments. IF suit is instituted by the City to recover on this Note, the undersigned agree(a) to pay all costs of such collection including reasonable attorneys' fees and court costs. THIS NOTE is secured by a mortgage duly filed for record in the Official Public Records, Dade County. wE� I28771 4240 DEMAND, protest and notice of demand and protest are hereby waived, and the undersigned hereby waives, to the extent authorized by law, any and all homestead and other exemption rights which otherwise would apply to the debt evidenced by this Note. IN WITNESS WHEREOF, this Note has been duly executed by the undersigned as of its date. MAKER: Little Havana Activi- - ties and Nutrition Cen- ters f Dade County, Inc. BY: Vic ATTEST: - 2 - Co porate 'epr to r`' • N yllCll, .� 4tL tdl6 nr, „or'''' • a ito .t p. UR GN{ „dun ccov c uF 1An. •