HomeMy WebLinkAbout1195
n.R.
BOC~
fj
445
\ T. LUCIE COUNTY \ rLA.
TO HAVE AND TO HOLD the same, t,~ether with the tenements, hereditamonts and appurtenances, unto the
MNtgagee, in fee simple.
AND the Mortgagor does hereby covenant with the Mortgagee that he is indefeasibly leized'~"id land In f.. .Imple,
that he has full power and lawful right to convey s~id land ill fee simple as af...,resaid; that it shall be lawful for the
Mortgagee at all times peacel.bly IInd quietly to enter upon, hold, occupy and enjoy a.:ld land; that Hid I.nd I. free
from 1111 incumbrallces; thllt he will mllke such further assurances to protect the fee simple title to .aid f4(KI In the
Mortgagee liS may reasonably be required; thllt he does Mreby fully warrant the title to .ald land .nd will defend the
same against the lawful claims of all persons whomsoever.
PROVIDED, ALWAYS, thllt if the Mortgllgor shall pay unto the Mortgagee t}1e ~ei:ta!npromiAOry, not. of which the
following in words and figures is iJ true copy, to-wit: . --
COMMUNITY FEDERAL SAVINGS AND i.OAN ASSOCIATION Of IIVI!IA lEACH
tlRortgNge
~ote
'-
RIVIERA &EACH, flORIDA
March 8th,
19 61
&eing Incbbled, fo< valva rec.lved, the undenigned Ioinlly and ..""ally promi..
LOAN ASSOCIATION Of RIVIERA BEACH al I', oHic. in the City of Rlvlefa &..ch, Florida,
THOUSAND NINE HUNDRED AND NO HUNDREDTHS - - -- -- DOUAaS ($ 15,900.00 )
looe,l>er wilh Inlerell Il>erlOt' el hereinaft.r .I.~ In monlhly Inllall",.nh cf ONE HUNDRED FORTY AND NO/100
15th
10 pay 10 COMMUNITY fEDERAL SAVINGS ANO
or order, the s..... of FIFTEEN
DOLLARS ($ 140. 00
). The fir II monlhly in.flllmanl .hall be dva .nd payable on lhe
d.y of
April
19
61 .nd ..,b...qvenl In.lallmenlt .hall be due .nd payable on the
15th
d.y of raeh and every calendar month IMrelfter vnlil the p<incipal .nd inle,..1 or. fvlly paid.
Larger .um. mlY be plid al any lime, bvl the payment of .ny luch large' .ume II- eddilion to lhe paymenll .,....in required Ihall
nol reli~ve ,he male,. of I". paymenl of I.... monlhly inllallmenlt her.in prtovided for, vnlnl it ~ lpa<iflcally Itipulated by the ",..kars at the
lime of payment I"al .vch lorger IV"" ere 10 be appl;.d 10 lhe advanc. paymenl of the monthly inllallmenh "")(, rnat\King In the order of
Il>eir dv. d,'e., All pay men II made upon this nol. lhall be pppl;.d fi'll to the paymenl of KCrued Inter"1 end tKOndly upon the prIncipal.
lhi. obli\!ltion .".11 be., inte,a.t from date al the ral. of six &: :'Jix-tenths
6. 6
%0) per annum
per ..." (
until the principal and in'er.J~ are fully paid.
Inle'ell fo, uc" calendar monlh .hlll be accrued on the firol dlY of lI,d monlh and be <ompvled on the unpaid balance of principal
Ind inlerrl' ui.lin<} on 1"- I..t dlY of the precrding mcnlh. Thil no,. """11 be conlide,ed in delaul! when any payment required 10 be
madr l>errvnder .hlll nol have bren mid. wi,"in I"irty dlYI followi"9 ih dV1t dlle and .ha!! rem. in in d.hul! vnli! uld payrnenl Ihall
hive bren maae, W"iie in dehul!, Ihi, nolo Ihlll beor inl.,"1 al I"e ral. of 9% pa' ar.num in li.u of Ihc 'al. hereinbefore .pecified.
All male,. Ind rndoroero now or hereafter becoming parli.1 hereto ioinlly and severally waive demand, nolice of nor>-paymenl and
prol..,. and I\jree Ihll in In. evenl 01 dehvll ir. lhe plymenl of .ny inlllllmenl dV1t hereund1tr 1"- whole of ,aid ind1tble-d...u ,""II lM<ot-
upon al .I>e oplion 01 the hold.., brc.:>me immediately dV1t and pcyable, and if I"il nol. becomes in d.favl! and is plK.d in the hando
of an .Horney for colle<:.ion, 10 pay re..:>nabl. atlo<nay', fOIl and all other COlli 10< making luch c"lIeclion.
(Th,. nole i. ,"cued by I mongage of .ven dale .xecuted by lhe
S/ Maurice H, Yankiver
.Miui-iEeH:---yinklver---.-.-. ______(SEAL)
.....Sm~~~~yy~~~~X-.-.---.,.--(SEAl)
-S~~~~~gt~~r~~~IRtha_-,------....-----.-(SEAL)
.._.~ 'Ev"aC! SFil{1'H~l:I,- ____.__.______.____._(SEAL)
r'\lh," in hvor of Community ~deral Saving. and Loan Ann, ollt,vi.ra &<tach)
dWJ shall promptly perform, comply with, and abide by each IInd every the stipulations, IIgreements, conditions, and
covenants of said promissory note and of this deed, then the estate hereby created shall cellse and be null and void.
AND the Mortgagor docs hereby covenant and agree:
Tn I'.Y _II ."d lingvllN" ,.,. Pf'inci~l I",d in"-"' .nd o,h<< Ivmt of n"On.Y p.eylbt. by "ir'tve of Mid prOf'niuory ~ .ftd w+,k rnortQ.age. Of .ither. promptl.,
t..... rl~'f' '.'PK".....'I. ...... U~ .everally ~ due.
To ptI., all .nd "n9V1.., rh. I...... ...",,,....,,,. levi". liab4iitj.... oblig.a'iOt"'lf, end incvmbr.nc.. 0' ....,.ry Mture on ,lid de1c,ibtd pr~,ty .adt and .v.ry
..... en d.. and ~'f.bl. acCOfding to I.w; befOfI Ny beco~ 6etinQ'\J'ftlt, enJ I' the ..line ....n not be ptOMC)t'" ~Jd ,.... Mot1~ m.-, at any ttl'!W .ith.,. be'or.
l" "ft., d.l,r,f1pln<y p.y the U~ ...itf-tovl w.iYlng or .ffKtlng the optron to .ore(!06e. o.r any rioht "...~. end ~y P-tyment 10 ~de ,hall beef lnl~~t from
t;-'. J..r. tf..re-o' .; ~I r,t. of I'. per c-,",'. (6~/.) ~r .nnulT'. p.YIt-I. .lm;.M\r.u.lJy.
3 To k.ev t..... bvddmO'l and all e-qViP"""ll' and p.non.lJ prope,ty now Of h.,..ftat ." ..id p".milft, co.........o by 1i-:11 motl~oe. in.ur.d In I au", .t J..,t
. j "i t., 'he -.'"pald b."f'c, of "'11 mot ''iI' ge. 1n.:M.rd'nQ fir.. e.:e1'"lded cc....r-.gre and vand41ilm ,~ meliciOV1 in,vr.nca '1 to p~c~r,i" oth.r ,.."." ct..,.lIi~. I..'\d
L,. ..,.no.ci (o.....,6Qe .nd .pri.l fo~m QIMf" p4flh ir\lvtln.:e on dw.!I.nga .ligible for 'UC~ br~ cOV~'OO - pt"ovjded. howl'V.r, that luch in.ur.ne. be i'1
'lIrTY......,r.t l'.ftrc,.nl to tOt':"lPly w,'h ..ny cv inlvranc. ,-.qvi'~tl cOVI,;,.g a..ome ul\d... the law. of me ~t.,. of Flot.cit. and Pf'oviCM'd fvrrbet' .....t ~ po'icy or poli~ittt
,h.'1 he ..,.".n in . cOIT',par.y Of co.-.p.n;., .nd thr()o()QI-. .n ~y uti,factor-y to N ~~ ""d ,.....t uid polky .;,I pollcle, 1"...11 b. held by tt.. MortQ-AOM
.' d .....11 ~...,. . .h:l"\dI,d New YOlk Mo(f~~ CI.v.e without (on~,;bvtion. m.king the lOll ur. ... !eid pollci" p41y.bl. to I~" Mort~.eoe- ., iI, i:'l'i.,..t r.\IIY app4u;
",...'1 ,n ,to. ..,en' ."y lum 0' rr~., be<~ payable vndrer any luch policy ~ po I ktft. the Mcwtg~ Ih.1I h.;v. tn. option to recei..-. ..,.,.d a-pply fh.$ ,.,..,... on
.at {'hnf to' ri-l. Indebl.r1n~i ho9f.by ..-cvred. ~ to perrmlt the Mottgegor to ,ec.lYe ~ UN it. (tI 'I'!y Pl:~ ~!'!'f'C!f, f~ ~~."... ~. ..;..;~.,.-.. ......eby .....ivin~
f' lP'1,,\!'.;,ing an..,. equity, liH', Of ,iQht un3et' .nd by vlrtve of thJ, mot1g.t011 enct 1ft t+v ...,..,t me Mot-toeoot 6.;)ee not comply wim th., (o~nt. ,.... N.ortoaOl'l
,...': f ,d.-<. a,.,d p~., for .uch intvrar.c., ot .ny plri rtwfeof. wilhout w.i'Winv 01 aft.,ing 1M 'CIPfion to 'Ot5oi:10M. << .ny r:gIl' ~ and !.... fun .mount of .",h
,,.,rl e.ery .,,()o, ~ynwor.t ,h.H be !mrn.di...ty dve end pey.~ ..-.ell &half bNI "'..,..., frOfl'l thoe ck.. ~eof until ~id a. the f." ~ovi6ed in ...id f"Ote .nd toga......,
.,...,... ,v<h In'.'." ,h.1I be IKVre-d by ,..,. hen of ,.,i. ~.
e