HomeMy WebLinkAbout1759 TO HAVE AND TO HOtO the same, together with the te~ements. hereditaments and appurtenances, uMo the
Mortgagee, in fee simple. •
AND the Mortgagor doe: he~eby oovenant with the Mortgagee that he is indefeasibly seized of said land in fee simple,
that he has full powe~ and lawful right to convey said land in fee simple as aforesaid; that it shall be lawful for the
Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that seid land is free
from all incumbrances; that he will make such funher assurances to protect the fee simple title to aaid land in the
Mongagee as may reasonably be requircd; thst he does hereby fully wa~rant the title to said land and will defend fhe
same against the lawful claims of all persons whomsoeve~.
PROVIDE~, ALWAYS, that if the Mongagor shall pay unto the Mortgagee the certain promi3sory nota of which the
following in words ar~d figures is a true copy, to-wit:
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- COMMUNITY FE~ERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA sEACH
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! ~urt~gx~ge ~ute . . .
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i RIVIERA dEAGIr•4LCfRlb'~ ,~QCe~i~~~•~O i 19 71 .
~ 6eing indcbted. }w valw rec~iwd, the w+denigned ~ointly ~nd ttvsrally promi~ to~p~y to COMINUNITY FEDERAt SAVINGS AND
I IOAN ASSOCIATION OF RIVIERA bEACH at its office in tM City of Rivier~ Beach, florida, o~ adM, tl+~ iwn of FOURTEEN
~ THOUSAND NINE HUNDRED AND NO/100--------------------~?w~sc=14,900.OQ 1
to9ethe~ witA interest thereon p Mffi/1~ftN s+~»d ~n mo~uAly ~nsullm~nt~ o( One Hundred Thirty-Eight and
13/100------ oau?es ~s 138 .13 The fint monthty ;~,~~,u~~~ ~i b. a~,. ,~d a+ ~ti. lOth
d~y of February, ~9 72 ,.~a .~~nt installrn~nts sMll b~ due u?d payabl~ oe~ th~ lOth
day of each ~nd every ukndu mon~h tMreafre~ until the principal ~nd inter~st Ne fully paid_
t~rger surm may b paid ~t any time, bu1 the paymen? of •ny such luytr suma in ~dd~tion fo tl+~ paymenh her~in rpuind ~h+l)
; not rel~eve ~he mak~n of the p~yen~nt of tAe monthly inst~llments he~~ln provided fw, unku it ~s specifically stipulated by tM maken at tM
t~me of paymcnt tAat auch luy~? sums srt ro b~ applied to th~ advMCe p~yment of th~ montAly insullmenb n~af matwinp En Nr wds of
theF~ due dates. All psym~nts mad~ upon this not~ iMll be spplied fNSt ro the p+yrrKnt of acaved intaes~ ~nd sccondly upon tM pi~cipal.
7his oblgstion shall beu inter~st from datt ~t tM rate of seven & one- PM ( 7'2 'X~ PK
until the pincipal and ~~~n~s~ f~~~Y P~~a. half
~ Interest fw each caknd~r month shall be acvued on the first day of ssid month snd be computed on ths unpaid balsnce of principal
` and interest existing on the Isst day of the preceding month. This note shall be considcred in default whcn sny psyment required to b~
i made i~e:eunder shall not have been made within thirty days following ih due date and shall remain in defauk until said payment shall
~ have bccn made. Whik in default, this note shall bcar interest at the rate of 1096 per annum in lieu of the rate hereinbefae specified.
t All mak~s and ~ndonen now o? he~e~fier becomNp parties hereto pintly and seve~ally waiw dem+nd, notice of ~on~p~yment a+d
r j protest, and ~qree tha~ in tM event of defwlt in tM paym~nt of any ~nst~llment due hereund~r the whok of said irdebtedn~ss shall tMrt
; upon ~t +he opt~on of the holde?, become immediat~Fy due and payable, ud if this rat~ becornes in def~vlt and is plxed in tM handa
~ of an ~ttaney fo~ colkction, to p+y renon~bk aHwney's fees and all other costs for makin~ such oolkction.
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: This note may be prepaid at any time.
~ -_S/---Alfr~d_~_.~_l~iei.n- ------------------------cs~w
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~ S Dorothea__H. Mein
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~ ' (This note is stcwed by a mortgage o! even da?e eaecuted by the makers in favor of Community Federal S~vings snd losn Assn. oE Riviera Be~ ~
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~ and shall promptly perform, compty with, and abide by each and every the stipulations, agreements, conditio~s, and
~ covenants of said promissory note and of this deed, then the estate hereby created shall cease and be null and void. '
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~ AND the Mortgagor does hereby covenaro and agree:
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io wr an a~d s~n~ar tM pincipal ~nd intwest ~nd otMr sums d monw wr+~ M virtve of uid pom~swry note and tAis mwt9aq~, or eitMr, pow~ptly
~ on N» d~ys .~spct~v~lp. N,e sane sw~.~lly cwrw dw.
1 lo pay dl and s~nqul~ nc~ 4aes, assessmenh, le.~~ts. Lab+hhes, obLyst~o~n and ~nc.,mbancn o1 ~re.y oaru.e o.~ sa~a aescnbed properry exA ind every
nq qven~, and ~1 ~Ae same shal~ nd be oro~nprl q qe~ ~na~ ar ~ny r~me e~tMr befwe
~ ..hen d~e ~nd par~~le xco.d~ ro ~aw, belae rAey become deLn y w~d Me Mor~ a
al~e~ det~nqverxr P+r ~he s~me w,~~ou~ wa~v~nq w affeci~n9 Me opnon to laedose. a~oy nqM hen~nder. ar+d tve.r oaymenr so made fhall bta. ~ntt.est Irpn
- ~~e da•e rhereof ar rhe rare wo~~ded ~n aa~d a~+~uwr ~+ote
To tNp tM bu~ld~nps ~nd all p~ipmrM and personal pop~rry rww or I1Mfi~IN on ssid wem~ses, covxed by ~Ais nwrtq~q~, inswed in s swn ~t le~~~
evwl b tM unpaid ba~~nce ot Mif morty~ye, includnq fiie, satended coveraqe ~nd wnd~l~sm and m~liua+s ins~ranc~ ~a ro w~~~~s other than dwtllinqs. ~nd ~
- I~re. e.tended cowr~p~ ~+d speud torm othe~ per~ls inswa~c~ on dwell~nps •Ii9iWe iw such Moadened cover_~e - pw~ded. Aowwe?. Mat wch ieu~wanc~ b~ M
~mo~:nt avliiciant ro comply wirA any co-irow~nc~ rpw~emend coverinp sa~ne vnd~r N+~ laws of tM ;t~t~ of Fbrid~, snd p~ovided furrM~ ?ha~ tAe policy w po~~c~u
- shall b~ wrm«~ in • comp?nY a comwnin ~nd tMo~+qh +n ayMCr utisf~c~ory to tM INo?fq~qn ud th~t said policy or poliues slyl{ b~ Aeld by tM Allortp~yM
- and sh~ll b~~r • sl~ndard PNw Y«k MortyaqN Clwn~ withw~ contnb~tion, mai~nq tht lou urde~ s~id pol~cies pY~bb a tM Mortq~pM a iri intv~st nuy ppex:
- ~nd in tM ~,ra+t ~ny sum of mw~ty Eacornes p~Y~bl~ ~r ~ny such policy or poticies. tAe Mwtq~qM shatl I.~w th~ option lo rtc~ivr ~nd ~pply ~M un» a+
xcwnt of tM ind~W~dncss hr~Ey sec~red, a ro p~rmil tA~ Mw~q~qw b receiv~ and vs~ ~t, or ~ery pa~t Merwf, fa oMer pwposes, witl+aN tMreby w~ivi~q
- or M.p~~rinq ~nr pui~y. I~en, a ~i¢N u~ul~r ~nd Dy virtw of this rrwrtq~p~: ~nd :n tM ~wnf tM Mortqayw do~s no~ cwnph wiM~ dws cow~ant, ?h~ 1Norly~gN
;x~; ~r P~K~ ~nd WY ~a s~ch imwu~c~. a~nr W~1 tMreof, wiMa~t waiviny a~f(~c~irq th~ option ro fo.~clqe, w~ny ripht Mreunde~ snd the full ~erw~w~t of each ~
~;y a'd evw~ s~cfi paYerwnt shall be imm~d~a~ely dw ~nd p~y~bb and slwlt be~r inMrat iram tM date rMreo/ ~rneil paid ~t ~M ratt povided in said noN and M9eNnt
w~rM wd~ i~~erest sMll b~ secw~a br rM 6~n of q+is ~nor~qaq~. ~ d
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~ 4. TIwi1 ~ertN~, wep, et e~y ~iw~ d~riny tlw ~worpo~ brw, oeA ie ib discr~tiow, o~lp fw r~d o1 ~ortyo~ yrwowfp iwsvrewc~ cew~ ~M ~
iww~~ ~a~cvNd br 11N ~wdersipw~d on ~r~n doN h~r~~riM, pop tM p«wi~~ws dw br r~own /1»~~01. owd rpvir~ r~pspa»wt b~r ~ owdN~pMd ~1 ~
such o~wovnri m or• od.onc•d br w~d wwrlyoyN. In ?he e~ent ol (ailvr~ bp fM ~ad~rfipe~d b ~~Pop soid oiwo~nM ro wid ~o~tOo~N, sutb f~ilvr~ dMM ~
b~ cow~iM~~d o d~(e~lt, ond dl pro•i~~om o~ th~ woN owd war~yoy~ niM r~oord ~o d~foult sAoN b~ epplicobl~.
pNm~r, comm~t w avffa no w~su, imp~ir/nent or deh~~w~lion d uid prop~rty. a a~ry o+~t M+erwf, and upon Mw faitw~ o( ~M mortp~qw W k~p IM ~
S. to ~
a,ild~nq~ an a~id popN~y in poed <ond~~~on of rp~ir, tM Ma~y~~ nry d~nd ~M ~nrned~~r~ repa~r o1 s~~d b,~ld~nq~, a~n inue~+~ in tM ~n.ount d Ncw~ry, a
tM i~nrnedi~» rep~Ymen~ 01 tM deM Ixreby secw~d ~~d ~M f~ihw~ of N» Mwt9+qw ~o caryhr w~tA s~~d d~na.~d d tM Mo.tp~qn fw • pKiod of Nanp (30) ~
r°~ d~w, sMll comtiwq • bre~cA o/ M~• rewfp~p~. and. ~t tM op~ion ef I!r MwfqpM. :eM»diH~fy m~rwe ~M a+tin ~mww+t af p:nc~W~ a+d inhrpt Ar~bp ~
- ~~cwsd. ad iTrr.e~~hh Md wirAow no~ic~, IM Abrtp~pN mnr imfiNN procwd~nq~ w fa~clw~ th~s mwtqrpa and ~pplr (or tM ~ppoiMnwnt ef a R~niv~r, a O~
= h~.~~n~lre. p~o~~drd. ~
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