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HomeMy WebLinkAbout0628 ~ TO HAVE ANO TO HOtD the :ame, together with the tes~ments, he~editaments and appurtensr~cet, unro the Mortgagee, i~ fee simple. ANO the Mortga~ doas he~eby covenent with the iV:cxt~agec that he is indefeasibly seized of said land in fee simple; :hat he has full powar and lawful right fo convey said land in fee simple as aforesaid; that it shall be lawful for the Mortgagee at all times peaceably and quietly to ente~ upon, hold, occupy and enjoy said larxl; that said Ia~d is free from d11 intumbrances; that he wilt make such further assurances to protect the fee simple title to said land in the Mortgagee as may reasonably be requi~ed; that he does he~eby fully warrsnt the title to said land and will defend the same against the lawful claims of all persons whomsoever. ' PRO~'IDE~, ALWAYS, that if the Mo~tgegw shall psy unto the Mo~tgagee the cehain promissory ~ote of which the following in words and figures is a t~ue copy, to-wit: ~ - t ' - ~OMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~11/IERA bE~CN ; - : ? ~ort~~~e ~DfE ~ ~ j Rwi~ru e~?c?+. ~tortia? June 8 , i9 ? 1 leNg ir~bted. fa v~lw rec~iwd. Me vnde+sgned ioM+tly and sever~lly po~nis~ b p~y b COMMUNITY FEOEkAI SAVINGS AND LOAN ASSOCUITION OP RIVIEItA 6EACH ~t ib oflice in tM Citr o1 Riv~a l~xh, Fbrida, o~ order, tA~ s~wn ~r gEVENTEEN ~ T HOUSANI3 SIX HUNDRED .AND NO HLTNDREDTHS --------~~s 17, 600. 00 ~ wperhe~ wieA imeres~ +he~eoe ~s h~re~nai~e~ s+u~d •a+ ewntAly ins+dlm~n~s o1 ONE HUNDRED THIRTY AND 0?/100 OOtWtS (f 13U. fl~ ~ ihe fint nanthly init~Hmem siwll bs du~ and p~y~bb on tAe I Dtll d,y o~ July, ~v"jFi «~e .uMeq~+e~e in.unenl~+r. sh.n b. dw .nd ar+ble on eh. l Oth ' day of esch and eve~y ulendar momh rhereaf~er unt~ the p'r+c:pal and interat u~ fuliy paid. t~rger ~wns may b~ paid at any ume, bu~ tM paymenf oi •ny such Iryer sums in ~dd~~~on to the p~yments he~ein nquind ihell rot ~el;eve the ~nak~n ol rhe payrrKm of tAe ~nonthly inst~llm~nh her~~n povided fa, unlcu it ~s specifically stipvtated by tl+~ n»ken H tAe ` t~me of p~yment ~Mar such IugN su~ns ~re ~o be applied w the adv~nc~ paymen~ of tA~ monthly insqlimenn ne:t matwing in ~ o~d~r of i theN due daMS. All payments mad~ upon tAis no?~ sMll b~ applied first to the payinent of accrved int~res~ and ~eco~d~y ~po~ 1h~ pr'r~ciWL ~ i Tl+~a oblg~tion shall bear interest irom d~N a~ tM r~ro of seven and one-half ~~^t ~ 7-1 ~2 x'~ ~ _ until Ihs pincip+l w+d inter~st a~e fully paid. Interest fw e+ch akndar ma~th shall be xcrued on the fust day, of s+~d ma+th ~~+d be computed on the unp+id b+~~nce af P~~~P+~ and interest ezistirg on the lut day of the precedi~g nanth. This note sl»II be considered in defauh whan ~nY paYmcnt required to bs y msde hc:ew+der shetl not havc bcen msde within tfiirty days followitg ih due d~te and shall remain in default u~ril saia payment ahall ~ , have bre~ made. Whik i~ de(sulr, th~s note shall beu inrorest at the rate of )0% P~? +nnum ~n lie~ of the rate hereinbefore spccified. All mskcrs end endo?iers ~wMr o~ he~e~fter becoming part~es he~ero "pi.+Hy and sever+lly wsivr demand. notice of nor~psyment and po?est. and sg~ee that in tAe ~veot oi defwlt in the paym~nt of ~ny insrallment due hcreunde~ tfr whole of i~id indebrednes~ sha11 1he~t upon ~t iMe opnon of tF~ holde~. bccane irrvnedc~tsly dw and paY+ble. M+d ~f thMS ~ou l,ecomes in defavh and is pl~ced in tM Iw~ds ~I of ~n anwnelr for cdkction. w paY ressx~+bl~ a??wney's fees ~nd •II ahc? co~ts for m~kirg such collecr~on. . . Ti~is note may be prcpaid af s~y teme. ~ , S/Edward C. Rueter , _ ~~U - ~ - - - - _ . - - , - Edward C. Rueter ~ _ _ - - ~ SL_~a r ra~ et--~tL---~Zu~~~r.-~ c~w Harriet M. Rueter i - - - - _ . - - - - ts~?u ~ (ih~s no~~ is secwed by • mw~g+ge of even da~e e:ecwed by th~ malers M favor oi Cwrrm+~iryr Fedaal Savings ~nd loan Assn_ of RiviKa de~cla 1 and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, cenditions, and ~ covenants of said promissory note and of thi3 deed, then the estate her:by created shall cease and be null and void. AND the Mor~gagor does hereby covenant and agree: ~ to wr •ne s~.w~+w w••~c:o,i a~a GnMrest w~d ahe~ swro of no~~y D+rable hr vwhie ot s~:d wwn~..ary nae and Mh mw~y~y~, a a~lw, vrow~DrY u+ tM d~~n .~sp~ctivrM, 1ht s~wr sav~r~lly ~owr dut. 1 Io O+~ a11 rd s~nqvla~ r1~e rs.e~. ~ssessn~en~s. ~ev.~f. I.ab~~~~~es. ob1~qN~o..f xsd .nc~brsxes o~ ..,e.r nar~re or. ino aeur.oee aope•~v exA and e•e•r -~~_f ; ..~e~ due ~nd wraMe xcad~~q ro taw. Deiwe rAtr beco~ne del.nwe~r. and ~l ~1+e ume sAall npf be vanpRly c•~.d rAe Mw~yaqee mar ~r ~nv e..ne e~rhe. belae ~~s f al~ dtl.npue.~cr wr w^k wnhour w~w~nq w aflec~~nq ~Ae op~~m ~o fdeclou. a anY nq~r herev..der. and e+erv Pa~..en~ so ~+ade shall bea• mttres~ l~om ~ 7 ~ da~c •her~l a~ ~Ae .a+e wo.~ded .n s~~d w~~sso~r ~o~e io kep the D„~Ideqs w+d ~11 p~ipnent w+d penon+~ poPe~tY ~wnr d he~~alrei on sa:d pem.ses, cov~ed by rl,n /ort9p~. ~nswed in • u+n N Itaft e~~a! ~o d+~ wwsid M~«~c~ o~ M:s ~rq~ye, ~~ckrd.nq fin, ea~ended co.n~ge ~d vandrl~sm ~nd .n~l.cwv~ ~mura.ict as ro pow~+=es oM~r Nwn dwelli~qa. ~nd f~rc. e,~end~d co~wrp~ a~ fpec:al fpm other pe.~ls i~nwanc~ an dwelhnqs ~IigOle fo~ svcA bosdened cove._~e - pov:ded. Aoweve~. Nvt wcA imuanc~ M in ~ ~K a~nw,e~t s~.if~c:~n~ ro conply witA any co ~nswanc~ ~wviranen4 cwe.inq same ;,e~der ~M laws of ~Ae ,~at~ of i:a.d~. ~nd pov~ded fwe~e~ M++f ~ poliry or pe~~cia---_/~ ~hall Ee writNn :o a conp~nt w comp+m~s rd rMo~+¢~ ~n W~ncY s+~isfx~ory to tM Mor~y+qee +od that said pol~cy or pol~cies aMll b~ heW bp tM IM.afysqN ~./J •nd aMll b~« • st~d~rd New Yo?L Mwtq~yM Clwn~ wiMwN contribut.on, nwkirq Me loss wide~ sa:d pol.ties piY~M b IM MW~y~qlf q ib inNrbt ~y ~pptar: t~ ~~d in M~ ev~nt ~ fwn o/ /npvy bacarws M1~~bls urd~r ~rhr wc1+ PdKY a Oo~~c:FS, the Morf9+9N sMll Mve fM oDtion ro r~ceiv~ ~nd ~OdY IM saiw~ on ~ xca+nt of Mr ~nd~bN6~ess Iweby iacw~d. w a D~~t e!w Allxtq~qw b rtceiv~ ~nd uu ~t. a any par~ Mereol, ta oMer Rwoo+~+, wiMwt AwebY w~io.eg Oc0 O_ or .enD+ua+9 a~r ~h. I:en, or ?i¢n ~w.dt~ r.d M ~irtw of thb rnwtyqe: ~nd in ~M_ event ~M Mw~yayw dws not :onwhi w~rh ~h:s. coYw~aM, tM Mo??v~9N ."7ew .nay p4c~ ~nA O+Y fa s~xh i+sw~nc~. or a~r v+N tMreo(, wid+aA ws:v:~q or ~H~uinq tM aWion to /a~clw~, o~ wry r:qAt Aert~nder ~nd tAe fvfl ~w~nt of e~ a,.A tvwr wd~ paywirn slwll b:wrn~dwrch P~1~+~ ++d Mk*~t fron~ ~M dafe d.neol ~nril paid ar ~Ae ra~e pro.rided :n ss~d no» ~nd toqed~ w~tA sucA in1e~M ~Mtl S~ setw~O bY Ih~ b~n o1 Nas ~watq~y~. t . t f.- 1Mf ~tjMw. Nf. ~~r 1iM dwi~ tA~ ~srl~o~ f~rw, ewd i~ its dbcntiew, aVplf fo~ r~wN.el el ~wpq~ Owr~!h iwswwc~ w.~.lw0 N» wortOo~ ~a~crl~d br tl» ~wd~r~ipwad ow ~.~w doN IKr~wriN~. Vo1 ~ P~esiw~s dw by rwsow tl»r~el, ewd rpvi~~ rpar~wl b~t ~M ~~nipMd ef ~ucA o~ov~M m w~ odvoec~d bp soid iwwrpop~e. le tlw even~ of foilvr~ bp tIK vnd~rsiyw~d b r~pary soid owovwfs a wid ~pp», svch feilvr~ deoN b~ cow~id~?~d a d~(ovh, o~d oll pro~;ows oE tiw ww~ owd wwpop~ wirh reqord to ddoult s1~oH b~ opplicobb. i S. To p~r~mr, toern~t p wffp no wa~t~, ierp~u/n~m w d~w:or~t:an of w~A w~?p, a+^f~ w~t Nw~ol, ~nd upon +M f~ilw~ d N.~ n~u~ypor ro k~eP M~ } bvild~eq~ on s~:d pop~?t7~ in pood condtion of rpair, tM Mo.tp~qw mry d~ww~d tM iwrrwd~sn rep~ir of said bu:ld:~ys, a ~n i~cse~ :r fha nnar+~ o~ ucwiryr, w tA~ :n~6~au rp~yww~t of iM d~b~ Aer~M ~acw~d w~d tM ~~ihw~ of dr Morty~pw a co~ndY w~M ud danKd d tM Mortp~y~e iw • Owpd o1 M7np f301 dw~. ~h+11 coror~n,~~ a breacA of ~h:a rnortY+p~, and, a rM op~~an of Nr NlonypM. :~d~ieh rnanw~ tM ~n6n ~nw~m1 ef o~~~ ~nd inNr~a~ henbp ~ecw~d. ~nd i~nnK~is»h srd w~N+oN n.r~c~, tM AAarp+9N m~Y irntihrN P?oc~ed~ w fa~cbt~ tF~it mo~tq~p~ M+d +OP~1 fa rM ~a0«~~wNnf of • R~c~:.w, a h~r~insRe. por~dtd.