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59 11M 450
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C"olih7Y, ~LA.
TO HAVE AND TQ HOLD the same, together with the tenements, hereditaments and appurtenances, vnt-J the
.v\ortgagee, in fee simple.
AND the Mortgagor does hereby covenllnt wi'th the Mortgagee thllt he is indefeasibly seized of said IlInd in fee simple.
thllt he hilS full power o!lnd IlIwfu~ right to convey sllid lo!lnd in fee simple liS o!lforesllid; thllt it shall be lawful for the
Mortgage6 at all times ~aceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is free
from a:l incumbrances; thllt he will make such further a5SUro!lnCes to protect the fee simple title to uid land in the
Mortgagee as mllY reasonably be required; that he does hereby fully w~rrant the title to slIid land and will defend the
slime against the lawful claims 0f all persons whomsoever.
PROVIDED, ALWAYS, that it the Mortgagor shall pay unto the Mortgagee the certain promissory note of which the
following in words and figures'ls 1I true cop)', 1o-wit:
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH
~ortBage *ote
IlIVIERA IlEACtt-, FlOllIDA March
u{&,
19 63
ki"" indebled, for VII". ,"celved, lhe Vn<UlSig".d ioinlly Ind nVIlllly p,omin 10 PlY 10 COMMUNITY fEDERAL SAVINGS AND
LOAN ASSOCIATION OF RIVIEllA BEACH II il. offiCI in lhe City of Rivie'l klCh, Flo,id" 0' o,de" lhe .um of TWE L VE
THOUSAND THREE HUNDRED AHD NO HUNDREDTHS ---DOLLARS ($ 12,300.00
NINETY THREE AND 00/100-----
10th
10th
loge lhe r wilh inl.r." lheleon It he,.inlf", ""Ied
in monlhly inJllllmenh of
DOlLARS ($
93.00
19 63
), The filSl monlhly imllllmenl ...111 be due and pIYlble on lhe
dlY of
July
Ind ,ub,eqvlnl in...llmenl. .hall be due '''0 ~Ylble \,'. lhe
day of each and .v.ry "l.ndl! monlh lhe,..h., vnlil Iho plincipll Ind inl.r.,1 "'" fully paid,
Lpg.r !Um. mlY b<t plid II Iny lime, bul Ih. Plym.nl of Iny .veh Il'get 'vm. in Iddition 10 lhe Plym.nll hor.in '.qui,f:d ,h.1I
not relieve the Maker. 01 .he p.yment of .he monthly in...llmenll ho:r.;n provided fOf. voleu it is 'pccific.Uy s'ipulated by the m~k.r. at 1M
lime of plyment ,hol .veh Ilrg.r .vm, 0'" 10 b<t Ipplild 10 lhe Idvlnc. p"yment of lhe monlhly inltlllmenll "..1 mllu,ing in Ih. o,d., of
their due dlt.S, All plymenll midi upon Ihi. noli shill b<t .ppli.d filiI 10 lhe plYmlnl of I<c".ed inll,.,1 Ind ..condly vpon lhe p,i"cip"l.
Thi' obligllion ,hili bel' inl.,..1 f,om dill II the '"16 of six &c six-tenths
6. 6 %) P'" I"nvrn
P'" ctnl (
vnta lhe principII Ind inl.r.'1 Irl fvlly Plid,
Int.r.'1 fo, uch u!.ndl! month ,hili be Iccrued on lhe fi,., d,y of ..id monlh Ind bo compvt.d on lhe vnplid bllo..ce of principII
Ind inllr..1 ..;.'i"9 on lhe 1..1 dlY of lho p'.coding month, Thi, no~. .h,ll b. conaid.,.d in d.h"l. wh.n Iny Plyme"l '"qvir.d 10 b<t
mid. h.rlvnd., ,hall nol hi VI ~n mlde wilhin Ihirly dlY' following ill due date Ind ,hili ,.mlin in d.favlt vntil ..id p.ym.nl .hlll
hlv. w.n midI, Whil. in d.fovlt, Ihi, not. ,hili b.., inl.,..1 II Ih. ,at. of 9% p'" Innvm in Ii.v of the rill h.,.inlv.fo," 'p"cifi.d,
All maker. ,nd endor..r. now or her..frer becoming p.rtie. herelO iointly and .tv'fllly wlive demand, no'ic~ of non-payment and
p'ol.,I. Ind Igr.. ,hll in lhe "vlnl of d.hvlt in .ho plymenl of any in,,"lIm.nl dUI h."vnd., 1M whol. of ..id indebt.d..... ,hall Ih.,eo
vpon II ,h. oplion of lhe hold." become imm.diatlly due Ind PlY obi., Ind if Ihi. nol. becom.. in d.fault and i. pllc.d in lhe hand.
of on IIIorn.y fo, coll~lion. 10 PlY ,u,:>nlbl. IIIom.y', f... Ind III olh.r co.,. fo, mlking .uch colleclion,
SI Louis J. Sambataro (Seal)
Louis J. Sambataro, Individually
J.
Ii: S., INC.
(SEAL)
L.
(Thi. not. i, "cv,"d by a mortg.ge of .v.n dll. ...cul.d by lhe
.By: ,SlLQIDS,.J"mSambataIQ... ..... (SEAL)
Louis .T. Sambataro, Pre sident
.,......._...m.m __.. ' ___m___,...____,___.,..(SEAL)
,.. ^tt~!ll;,....sJ.J~H~ephJ...s~.m~t#.A:.Qnm (SEAL)
mlk.,. in favor Jg!m~~Y{;d.~f\.rn~f~1~~ A~.~.<i,rJfiVi.XL<<;~;8. l
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and shall promptly perform, CC'......)ly with, and abide by each and every th~ stipulations, agreements, conditions, and
ccvenanls of said promissory note and of this deed, then the estate hereby created shall cease and be null and v::>ir:!,
AND the Mortgagor does hereby covenant and agree:
t. 10 PIlY ." .nd ,Lngvi... t.... principal .nd i,..,ef'n' and ofh.., IVms of money p.yl'ble b~ virtooe 0' uid promiuory note Ind this mortg.g.el Of .itMr. pru.mptly
c., the d.YI r.-J.p4<live-t'f. tM U"" SI..-e1".lIy com-e dvt.
To pat .11 "nd "nQul., '~e 'axu, U1fHmenls, I"....,u. 1:"bdl"U. obl'CJi!TfOnS and ,ncu:-rbr,nC,",1 of r~fry n,ll;rr 0/"1 ura ~"tlbtod properly "ch and rVf'y
....t-:rf'l d,.-" and paYlt:!" i!((ord,r"~ '0 !.!I,^" b~for.. 'hey t~(orre del'nqutr,', and ,f ,he- 1.!1'T'f shall ;~o' be pO.T.pl!, j.C,-,id '~r ,Y0rl'>!19fr m,y "t ~ny I'me t'!!her t,rfe'!'
1:." ,1l!'J d.l MQ'_.e....cy pay the I,me .....lfhowf ......'',(1(19 or .,ft(III"9 t~.. optlQn ~o fcr.cl01t or ,n-, 'j(il~' ....,.(H ...drf, ~~u p"rr,' r'3'r''Tt'r.! sn "'r..!dr ,h!'i ~~f Infert's' frO'T'
f~t' C,'t' t"',~r~of at '''a foI"'. pro.....rdi!'d In u.d prom=UOf', nol~
..
3.. To ",.p th. bvildinos and ,II equipment and ~,..on,l P'f~rry now ~ h ere.her on uid prrrl"'.:..es. cO....~ft'd by trl.l mc.rtgl:;"', innif.d in I s\,)~ .1 IU'l
.q.....1 10 tM lJf)paid bil.nc. of thi, mcrtg.v., irx1vding fir., tJ[t.nd.,d (o......r.;:;. .nd ......nd.lism and (l"'lllicious in\lir"n<.. .a, to pr~,tiu oth., ,h~n d--Nltlr~O" Ind
fjr2, e.tt'n6td covenge and speci.1 form o'''.r p4'rih insur.n<:e on dwtltin91 eligible for ,vch b.-~dt-r.ed cov.rJ;)' - prcv:ded. how.y", ,hi' ILKh ir"vr,n'l be in
.rnovn' IvHicin'lt to comply with Iny co".imoJunc. r.quir5menh cO'w'etiOQ um. undH the I.wl' of tM ~"t.""c' FIOfict.. and proyided fvrth., that the policy or policies
sh.all be' w,itten in . compllny Of CQmp.niu and throvgk In 1.g.t\Cy utish:,ory to the ~tgag.e. and ,....., ..id pc!i(y or polici~s I~.11 b. .....Icl by tn. ,.."Or1g-~ge.
and sh.1I btar . st.ndard Now York M.of"tgl9H (I,\onl without conttibvtion, nuki"lQ the Iou ",:oder u;d poll,ie1 ~y.bl, to I..... Mor'O'Q4'1 as ih inlere-11 may Ippe.';
and in th4t even' any S\.H7l of mon4y hKom.es payabl. vl-.d.r Iny svet-. policy Of poli<.ill, the Mof'lgloee shal! haye tM cp!iO"'l to ,..<Ii.... and apply the U~ on
~((ovnt of th. indeb..dne-n Mf.by ..cur.d, Of 10 ~rmi, th4 MotI~9Of to rK.-iv. and VII it, Of ,ny Pi,t tf"re-of, for orher PV'P'01", withO'Jt thereby waivin9
or imp.Jiring Iny eQvity, lien, 0' ri9h' un,J.r u\d by virtue of th:, moftQIO"i and in ,.... .....n' th.. MoIt~9Ot dootl not comply with this covlnln', the MCW't9.~e.
may ;>1e<. and ~y for Ivch it'l1v.lncl, or .ny p.rl thereof, without w.ivin~ Of .ffa<ling rh9 09tion to forKlo.., Of .ny right hereunder .nd I~ fvll .movnt of. e.-.:h
.nd *"Hy .uch p.ymenl shall be immoadia..ry due and payable l'nd shall be" l-1te1'eit from rhe d",. th.reo' \lntil p.aid .t .he u1e p4'ovi&.d in uid note .nd tQgetlier
wit" ,,-<h ir.!'ff....t &hill be s-e<:utt-<l by rhe lien of this t't"IOflQol-l1"o
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