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HomeMy WebLinkAbout1926 ? . te nts hercditaments and a ne~ances, unto tfis ~ TO HAVE AND TQ HOtD the csme, to~ether with the neme , pPu ; Mortga~ee, in faa simple. ' ANQ the Mort~saqor doe: he~~by oovenant with ths Mortgagee that he is indefeasibly seized of said (and in fee simple, thst he ha: full power and lawful ri~ht to oonvey said land in fee simple as aforesaid; that it shall be lawful for the Mo~tgagee at all times peaoeably and quietly to enter upon, hold, oaupy and enjoy ssid fand; that said land i: fne from all incumluances; that he will make such fuhhe~ Auuronces to p~otect the fee simple title to said Isnd in ths Mortgagss as may reasonably be required; that he does hereby fully war~ant the title to said land and will defend the ~ ssme against the lawful claims of all peno~s whomsoever. PROVIDED, ALWAYS, that if the Mo~tyayor shall par unto the Mortgagee the oe~tsin promissory nota of wfiich the foliowing in words and figuros is a true oopy, to-wit: COMMUNITY ~Al SAVINGS AND LOAN ASSOCIATION OF RIVI~A dEAClO ~Iurt~x~e x~ute ' . RiviEiu? eewcH, aana? January tv 69 eesn~ indeb~.d. fo. v.W. r.atwd. +h. undenipeed ioindr .nd s.va~IM vro~• a p.~r a eoJ1AMtlNi?1? FEOER/?t S~?v~WGS MID IOAN ASSOCIA110N Of RIVIERA 6EACM ~t i» of~ic~ in tM Ct~r of Wvien l~ach, Fbrid~. a ada, the wm of TWO HUNDRED SEVENTY FNE THOUSAND and NO/100 ~S ~ 275, 000.001 wp~t1~ witA h~t tlwraon « Iws~nsftN st~ud 1n nanthh? ~s~a~Mmn~s oI TWO THOUSAND THREF= HUNDRE AND NO/ 100 pp~Wts (s 2, 300. 00 iy,~ „q„*y :,~ralu~ro sA.u b. dw and p.pabb a+ the tenth d+r ~ May ~9 69 s~.~t ~~.n~^n ,~+.tt b. aw .~a P.y~te d» tenth ? day of e~ch and evsry ubodar mon~h the.saffet umU tht ptincipal and inlenst w f~lly paid. i w9~ s~ ~^+Y a P+d +t any trne, but tM payeneM of any wd~ larye~ swm in additio~ w tl» p+yn~enb I~~in r~quiwd ~h~ll nor reli~w tM ~nak~rs of the paynr+?t of tAe ewntN~? irn~allm~nb Mn++ provid~d fa, ueku it is pecif'~cally atip~rlNed by th~ nwkas at tlr time of payment th~t a~ch larq~ swm ~r~ a b~ applied a th~ adv+nc~ p~yma+t of tM monthly installnrnb nact maturinp in ti» ordK d ~he'r dw daNS. All paym.na mad. upon Mus noa shall b. appl»d fir:~ a N~. payn~.~~ of awwd ina..sr and koondlr ~pon Nw P~~b+~ -8~ pa aenwe This oblipuia, .hd~ b~u im..est from a.+. .t th. ..t~ of Eight p.. crn e uot~ th~ princtpal and inter~st an ivlly p+id. ' Innrat for ~ach ukndar n+oneh sh~N b~ ~caued oe th~ fw~t d~y of ssid nwnth ~nd b~ ao~p~rl~d on th~ unpiid b~lana d princ~p+l and imerat e:oring on th~ tast dar of tlr pendinp month This no:~ shatl b~ oonsids~~d in defwlt when +~Y P+y~ ~+4~nd fo b~ a~ad~ her~w+de~ sh~ll no~ haw be~n e~ad~ within thirty days followinp in due d•a and aMll rem~in in def~ult until ssld p~ynw~t ~hall haw b~M mad~. 1M~i1~ in dtfault, this no» sMU btar inter~st at th~ rat~ of 99L pa anw~n in lieu of tlw nN Mrenb~fon ip~dfi~d. All m~kaa and ~ndors~a now or hKwhe~ bea~ninp p~rtiea he?eto jointly ~nd sev~er~lly w~iv~ d~mand, notioe of no~p~~nt ~nd ; protest. and ~prs~ tl»t in tM ~v~nt of d~fauh in tlw p~yment of u~y irotallnrnt dw ha~u~dK the whole of faid 'w+d~bredneas shall ther? : upai ~t t!w optio~ of Hr ho1dK, beoon~ inrmdi~ttly du~ and p~y~ble. ~nd if •this noN Moo~rws in def~uh ~nd is pl~d in tht Mnds i of an anwney fw colkction, to p~r rsasonabl~ attonwy'~ fees and all ahe? oan fw nwkig wd~ oollsction. . . GREEN & REPP, INC~ ~ gy~ / s/_ Edwa=d M. Re ~ EiTwarclTv[, ~iepp, resi en , , AT-T-E.S~-- "F"' , , ,/s/ Ema.nuel ~reen ~ maaue reen; ~e`cre aiy (ihis nWe b secured b1? ~ morq+~e of tven d~N aucvad by th~ m~k~n in i~wr of Carrew~+iry Federal Saviigs aed Lo+n As~n. of Riviaa Otscla and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and covenants of said promissory nate and of this deed, then the estate hereby ueated shall cease and be null and void. AND the AAortgagor does hereby o~venant and agree: 1. iu o.r .11 .na .inpulM windod .na uN«.st .na a~+.. .u.n. of .wn.r ow+W by w.fu. d..~d p.aros.a.p ea. ,ee dm mo.w.y., a..id~.., w~DNr on IM drys n~pKtire~l/. dr srrr s~wdlp aow due. 2. 1o wr dl ~nd sinqular ~ b:es. ~aaessments, lev~es, li~b~li~ies, obliq~tian and incumbrances o~ ~rery nah,~e on sa~o aescribed D~~ each and everY when due and pay~ble xcwd~rq a I~w, b~fae dwy Mcane deli~xn~, and if ehe ssrne shatl not be prompfly pa:d M~e Abrrgaqee ~r at uryr time ~iMer beiore a aleer de4nquency p~y M+e s~ne ~r~tlwM wa~v:nq a ~Hecrinq tM aprion a f«~cbse, or ~ny riqM Aere~nder. ~nd eve?y wYment w~n+de shall Eew i~terest (rwn ~Ae da~e Mawf ~t M~ rare wov.ded ~n s~id WanissorY nWe. To kNp the b~ild~ ~nd ~8 piwpnwnt ~nd v«~a~l P~~M row a h~raiNr on said wenwses, cow~ed by fhis wwrly~g~, iround in ~ w~n d M~tf eqwl a ~he unp+id bit~nc~ of MNS aartY~y~, inclu~ieip fin. ~zhnded cov~r+p~ ~nd vsndilis~ and arl:riwrs imwanc~ ~s b P~~~ia qlw than dw~1lN~ys, ~nd % fire. ~~wnd~d cowaq~ ~nd ~P~++~ iwiw aNrr Pwib Lrwanc~ on Jw~rllinp~ ~W~ for wd+ bo~d~r»d cawr.a~ - vrovidd. larr~r~r. A~M wcfi i~uarw b~ in ~ ~n~ount w(ficiN+t b wrnoh wnh anp co-irow~na nquirwn~s cws.inq sa~ wid~r Nr I~ws d tM :ul~ ot Fbrid~, and orovided firrdw M~H d+~ policy a pdie~s j sAJI Ae~vrritNn in • oomp~y w ca~p~r~s ~nd throuph ~n ap~nct? wt~si~cary to Nw Monp~p~t ~nA thN s~id poliqr or polGci~s ~I+dl b~ Mld br M+~ ~~Y~9~ ~nd ~hNl bw • shndrd Nrw York MwtopK Clww~ v.idia~ oo~aribwian. wkiew M» loss wdw said Pdiciea wp~bM fo tlw Mo.typ~~ a its Nwrwt mr~r ~vP~Ks and in /1y ~vM?t +eI ww of rna~r b~a Wl/~bM u~dK arrp a+d~ Vdiqr a? Oolici~s, 1M Ma~pp~ shall Mv~ th~'eption to no~ivr ~nd ~pl~ dr f~ on acca~M d tlw ind~Ndnas Iw~bp f~cu~~d, a q O~ ~~orlp~pa b npivr and uw it, a ~ny P~rt Mereol, ior oIAN O~P«y. ~'~^~K ~~Y w~^^0 or iwYwirq +nY ~~V. ~~4 ot ripM w~d~? ~nd b'l/ virlw of Mws w~o~rt9+9r and in tM w~nt th~ Nbr~WOa dw~ rwt cwnplY wilh thit ynwM, d» Morfy~y~ ~M P~u and PM iar sush insvanc~, p OM dNnoi. wi/wuf wiivaq w afF~clin0 tM oprion b/pKIoM, a~7r riyht hnMmdlr ~nd 1!r fial anOUrM O/ e«h •nQ hrw* tYCh P+yn~rM atnll E~ ~ dw and p~bh and a1w11 b~r bMrat irow /M dNe Mw~of w~til W~d ~t the ra» prand~d in s~id noN and fepNFw wi~ weA Yn~nq drll b~ s~aR~e bf/ IM INn o1 Mra ~orly~y~- s. rw~ Mr, d..q w.. a..iM M. .«q.o. +..a, e.a iw ib a1a..Ke., evr+r ~e• ••••••~1 ef ...q.~. wo..dr sw.r...o.. c.w..+.~ 1b. ~ Mef~~ ~a~arNd bp N» w~d~ni~~/ o~ ~ww doN (»r~v.irA. Yef ~ w~•wwr dw bq r~aew Nwwf, owd rpri~~ rp~rwMr bp M» ~d~e~i~~ d ~ wd wwb ~s w~ eAmowc~d bp wid wwtoo~~. Is N» enet of loiv~~ bp NM ~wd~niow~d 1e npep wW e~ovwb ~o wid ~ertOp~~, wd~ bilw~ ~MoN b~ cwiMnd s dderN. owd all ~o~rwiow~ 01 IM ~oN ewd ~wpo0~ v~i1b r~pord te ddeYh ~A~N b~ ppliceble. S. Te v~, caw~rt a wNv no w~a», i~npNrww+ a d~Nrieration of aid P?eoaH, a+~M v~ dwnef. «~d wa~ ~M /~iWn d iM nan~oer w kMO tM Iwifd'i~ en iaid papMt~r tw Yood towddtiow of np~i?, tM Ma~WYw w~ry dMw~d tM f~nwditl~ rp~ir of t~id build'ieq~, a~n inv~ue in th~ «nawt ef wcu~iry, a tM iewrdi~N nwY~ 01 Nw d~be hr~bti wew~d ~nd N» f~ilun of tM Mlony~qa b con~plp w~ih said dwrw+d d Nr Monp~pw to? ~~ried ef thirM (701 d~Yb tlwll torotinM • brNeh e1 /Ai~ mort9p~, and. N tM aplion of 1M Morty~pN, iwrn~i~Mlp nWun 1!M ~nlin aw~our ef pincipd and inurMt I~b~r •«w~A. ane ir.~+nrliahM +nd wi~haA notia. 1M MatW~ ~y11 ~h~' ~/G~ync1p~ and ppl~r fa tM ~ovamm~nt of • R~niv~r, n re,.~~.r.r!c. p.ovld~d. 8f=~ I J rc _d.. . _ PA~4 ~ E _