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TO HAVE AND TO HOLD the same, together with 1he teneme~ts, heredi~aments and appurtenances, v~ro the
Mortgagea, in fee s~mple.
AND the Mo~tgagor does he~eby covenanl with the Mortgagee that he is indefeasibly seized of said land in fee simple,
ihat he has f~=II power and lawful right to cc~nvey said ls~d in fee simple as afo~esaid; that it shaif be tawful for the
!~lortgagee at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said lend is f~ee
from atl incumb~ances; that he will make such furthe? assurances to protect the fee simple title to said land in the
Mo~tgagee as may reasonably be required; that he does hereby fully warrant the title to said land and will defend the
same against the lawful claims of all persons whamsoever.
PROVIDED. ALWAYS, that i} the Mortgagor shal) pay vnto the Mortgagae the certain promissory note of which the
following in wG?ds and figures is s true copy, to~wit:
~
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RNIERA dEACH
~art~tt$e z~ote
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RtVtFRA BFACN, fIORIpA 19 71
Se~eg ~ndcbud, ia v~lw ~Ktivld, tAe uadsr~;~ned 'p;ntly and s~ve~a~lY pom~se M paY to NiTY FfOfRAI SIIVINGS ANp
tW?N /1SSOUATION OF RIYIERA dEACH in oilKe in rAe G~r of Rivi~r• d~ach, flo.id~, o~ ade., tl+~ awn of TWENTY-EIGHT
THOUSAND EIGHT HUNDRED AND NO HUNDREDTHS------------- ~~S ~;28.800.00 ~
~ogethe~ w~tA inre~e~~ thereon as I+Keu+aftn s~~+ed in ~nomhly instdlrr+~nts of TWD HUNDRED TWELV£ ANU 83~1.~0
ooiu?RS ts 212 . 83 The f~i~ momhlr ~,~.n,,,~.,~ ,~+.u b. d~?. x?a wr,~. ~:,e lOth
a,,, ,f January w 72 ,~,a M,,.,,,,,t~r, ,i,,,, b. a„~ ~+a p.Y.w. a, ~ti. lOth
daY of exh and eve~y calendw month there~fte~ uroil the pinupal and inrerest ~re }ully paid. {
l/.gt~ sums may b~ pa:d it ~ny time, bul fhe psymeM o! •ny such laryt~ suma in add~tion to t1» p~ymenh h~rein rpuirld ~hatl
not rtl~ere ~he mak~r~ o+ r!.~ p~Yment o1 eAe ewnthly ins~~llmenn ha~.n prov~ded for. unles? ~s apecilicatly stipulated by the maten at th~
tune of payment that such fu~ swns ~re ro be ~pplied ro the advaac~ payment of t/~ monMly i~stallmenn nex/ matwiny in tM ad~r of
the~r due date~. All paymenn msd~ ~pon ~his note shall be applied };rst ro ~he paymem of ~ccr~ed infHlfl and seco~dlr irpon th~ pr;ncipal-
Th~s obiq~t:on shall bea- inte~es~ from dat~ ~t th~ rate of SGV@Il & one/halfo~• ( 7 1~2 per am+um
um7 rhe p~nc~pal and inraesr a~e fuly paid.
Interesr for esch :alendar month shalt be accrved o^ the first day of said month ~nd be computed on the unpaid balance of princip~)
and inte.est ex~st~nq on the iast day of the p~eccding month. This rwte sMlt be cons~dered in default when a~y p~yment rcq~i~ed to be
made he:e~~+der sha:t not Aave been made w~thin rhirty days fppow;nq ih d~e dare snd shall remain in default u~ril said payment sha!1 -
havc 5ecn msde. Wh;le in defa~It. this note shall beu interest at the rate of l0°.~6 per a~num in licu of the r~te here~~before specified.
All makers ~nd endwse?s now p here~(rcr becominq parties hereto pinNy and uverally w~~ve dem+~d. notice of nortpa~ment and
pro~nt. and ~grK tl~at in ~he eve~t of defavtt in tlk payrr.ent of any i~sralimenr dve here~w~der rhe whok of ~a:d :ndcbtedness sh~ll there
~pon at rhe oprwn oF the holder. become immedutefy d~re ~nd payable. ~~d if ehis ~ot~ becomes in defavlt ae~d ~s placed in th~ hand~
of an ~ttorney ior colkction. to pay reasanabk ananey's fees ~nd •11 other cosrs for makirg such cotlec~wn. l
Th~s ~ote may be prepaid at any fime, ! ~ •
~ _ ~ ~ 4i --.tse~t)
f~lbert L. Puig ~
- - . . - ~ - - tsfwu
/s~ /'oNS?~i~~n~ ~h,
- -
_ ~ns~ta~~e V. _".Pi~ig - - -
~ _ _ _ _ _ . . - - (SfAU
~ (7A:s rt!- q f!(Ntd by a mpr4~ of ercn date ~:ecuted by the make.s ~n f~vor oi Comm„nity Fede.al Sa~~ngs and toan Assn_ of Rivisra 6each)
and shall promptly perform, comply with, and abide by each and every tfie stipulations, agreerteents, conditions, and
covenants of said promissory noTe and ot this deed, then the estate hereby created shall cease and be null and void.
AND ~he Morgagor does hereby covenant and agree:
I. To pat ~+~d sr+9~r4~ r?r w~~+c~wl ~nd ~nre`e~e ud uhK s.Nns o1 mon~y pa~able bp v~n~t o( u~d prcm:ss«y narr a~d rltit mortq~qe, w ntF~, prarptlr
:n ~M dryrs r~t~relr. IM s~ine s~~tly conr dw.
) ~o Wr ~U a~W ~~nq.,~M rhe r~.ts. ~sarss~v..y. Mo.e~. ~~atrl..~es o~Lqi~.onf ~W .neo..~b•.+ces el ~.e•y ru.we on s+.o ~~u~bed wuoe•~r e~c~ M+d e.er~ '
..~e~ d,.a ~..d wr~D~e +c<wA .,q .o Dt~wt N+er ~o.nt dN~.q..e.,r. ~nd .1 rAt ~o.•e sna~~ nor be c••ornp.:r w•d rAe NN•yayee mar •r •ny r.~-.e e~rher befrr
' il~t. df1,r.~aceK. :Vr ~~e ss~e v` frUd r~...n9 •~fK• nq ewt W•W+ ro f.re~tote o. any r.yM n~sr. ~Ol. i...d tre~v Ps~ment ~n mcdt s^tt' ~X~~ :n!t.rfr I,y~..
~ • =a•e ~~reol .a:e cuc-•yed ~nd vro..,.iso~• ~.w~
3 To ?ep rhe A~,.Id.r-q~ ~nd •il ~~~pmrnt and penonal prope•~y now a. Aae~lte. o.~ ~s~.d Wemnea, co+-.ed 6v ~ti.s mreq~q~. ~n:w~d ~n • swn N Ita~t
e~,,al ~o tIK v~pa.A b~~~r.ce af M.s .no.tq~qe, ~ncl~.ny fu~. ~.~ended cove.~ge and vandal~sm xw! n.~T.c.ovs ~nti..•~nce as to wove~t~n otMr M~n d.v~l{~~. ~nd
f.•e. e.~en~e0 cowaq~ rd spec~al /w~n ofhe. eer-li ~nw.~nt~ on dv.eli.nya e1~q~We fw sv:A boadened cove+. - pov~ded. 1+ow?.er. ~Mt such in~~x~+t~ 6~ in
+~+w.,n~ ~VI}K~MI to coenp~r wnA a.+~ co •nswsnc• rpu~re.r,ent~ cove~~np s~~re v.+Ae. rM I~ws o} tAe ~~N~ ot fior~d~, and pru..,d~d fwMer rF~! the pol,c~r p ppl,ci~q
,R~11 pt .-r~n~r. ~n • coTp?n• a cwnoar.~es ~nd Nvo~yh ~~qnKy u~,afK~ory ro Me Mo.rq~qee a~v! thaf u~d pol~c~ a pol~c~es s?yll b~ 1.eld b~ tM Monpsqw
~~d ~A~II Drr • ~~andrd Tkw rork Morty~y» C4us~ w~tAw~ co.itr~ba.~.on, mak ~rp ~he los~ wxier a.s.d pol.c~es q~~Ale to rhe Mo•tp~q~~ ~s ~b ~ntNnt ~nay N~pe~r:
a~.d ~n rM ~vent ~nY sun o/ r.wnty b~co~*es D+7~b4 und~r ~n~ sucw Pol.c~r w W'.a.es, the Nbrlpaqe~ sh~ll Aave ~M uvt.on to rece~v~ ~nd sPD~Y tM sa~ oe+ ~
rca.w~~ of M» .n~b~dness Aer~ ~urd. or ro pwm.t My Mor:y~qor ro~ete.+~ r~d us~ .t, ar anf p~.t rh~reol, fu o~he. pufpus~s, w~tAo~l tl~relry ai,~i,rirq L~
~w~p~.~.rp r~r ~w~h. ~•en. w r.qAt w+~Nr snd br YM~Y~ of Mn .ew~9~W: ~nd .n ~v e.ene N+e Mo.~gaqor doe~ nor cwna~~ w~rA ~h.s co.~nanr, Mr Morty~qe~
9 ~
+r P~~ r+d G+~ tor sucA .nsws~ce. a~nr P+r Mweo(, v.~Awut vr~~~.;rp or ~ff~cr.nq rM oonon ro /w~cbw, w~nr npAr ner~„nder a~d N+e f~ll ~mow+~ of e~cA
~na e.w~ wd~ D+tnren sAa~l ~e ~nnn~d.st~ly dw and wr~ r.d slrll bear interes~ ho.n H~e d~re ~Mrecl ~.n~.l w~d at ~he .are ww~d~d u~d rwN ~nd roqerMr
w•e~ :nlar~st ~lyll M secw~a M/ Me INn d M+n /norrq~q~-
i. tA~1 +s~1~pN. ~+1, o* ~ ~i~s dtiriw0 Nw ~orl~ep~ Nrw, owd iw iH discr~~iow. opplr !w r~wwrel v1 ~qrt0o~ 9no~owy iwav~~wc~ u+~~iw4 rM
~~1op~ •sKrt~d bp ~ rwMraqa~d pw ~~~n doM 1~sr~~if1~, ppy tlN pr~iwiv~wf dw by r~osow tMr~pt. owA r~q~ir• ~epey~w/ bp Ny rwd~rti0w~d ~I
~rcb o~ovwfi m are od.owc~d by wd wq.r9oqe~ In Me r.~M ol !o,l~.~ by ?A~ vnd~n.pMd b r~por w:d oswrnM b wid wwr~yepN, ~ucb leilvn ~Aoll a
M cow~.d~~~d e d~/orN, ewd dl p+om.ows ol ?IN nW~ owd wonyoy~ ~,rA .epord ro d~fo~rlr sAoll b~ opp~.coW~. J
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S. To ONn+~r. co~wm.~ a sv~la no ..pt~. ~^+W~i/rent a d~ter~aNwn d rlid p.Op~.ry, w sn~. p~.~ Nvr~o/. ~.d WuA ~M /~.I~r~ 01 M~ rw.~WPO~ W?MO ~M n O
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D~.~la~p an u~d pQq~h 9~d cons4r.on of i~oa~•. tM M1o.tp~pN ~v drw~and ~M ~~wmed~r~ reo~~. 01 s~~d bv~ld.r.q~. a~n ~nerua~ ~n M~ ~w~ow~~ of kcw~~r, w ~df
Nr ~m.rd~sN ,~Wrnym o1 Ay debt he.ebq setw~d ~wd tA~ is.l.w~ d tM Mlaftp~pa b tu^~i/1y w~th s~~d d~~nd d ti» Mo~tp~qN /w • PKwA o1 tA.rtp tlDl
d~r~. Jr11 ~onar.+vr~ • ba~cA o/ ~h.~ ,na~pp~. ~•+d. Mr op~.on of ~ MwtqpN. .r.+n.~d~~k~r rnaTw~ ~M ~n~ir~ ~nwix» 01 O~~nc~w~ «+d tnure~t Mreby
sec•..~d. ~.vf ~~e~~t~rp ~nd w~Mar~ na~ct. ~M Mor~W9N rn~7 imhhrN poc~ed.nqs ~o lw~cbs~ th,s .'-o.ewp~ ~..d ~pply fw tM ~o0ar,~~n~ 01 • R~c~~.~.. ~s
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