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HomeMy WebLinkAbout1072 . f TO HAVE AND TO HOlO the same, toqethe~ with the tenements, heraditaments and appu~tana~oes, untc th~ ~ Mort9a~ee, in fee :impl~. ~ ANO the Mort~a~or does henby c~venant with the Mortgaqee that he is indefea:ibly ~ized of said land in fes simple, that he ha: full power and lawful ~i~ht to convey said land in fee simple as aforesaid; thal it shall be lawful for the Mortgage~ at all times peaoeabiy and quletly to enter upon, hold, oocupy and enioy said land; that asid land is fro~ from all incumbra~ces; that he will make such further auurancea to protect ths fee aimple titk to said land in the Mortgas~ss as may reasonably be requirod; that he does hereby fully warrant the titk to said Isnd and will defe~d the R same ayainst the lawful claims of all per:ons whomsoever. PROVIDED, AIWAYS, that if th~ Mo~tyaQor shall par unto the Mortgagee the certain promissory note of which the followiry in words and f~gums is a true copy, to-wit: COMMUNITY l~ERAL• SAVINGS AND LOAN ASSOCtATION OF RNIERA dEACN ~urt~~~e x~ute RIVIERA lEACH. FIORIDA April~. ~9 72 . eei~q indeb,.d. io. v.~w nw+wd, th. w+d..sipn.d iointly and s.MadN w~ +o Wl? a coMMUtr~n FEaER~LL sl?v~NGS AND IOAN 11550CIATION OF RIVIERA 6E/1CN N ib offioe in th~ CNp of Rivia~ l~sch, Florid~, w o~dw. th~ wm of FIFTSEN THOUSAND AND NO/100---------------------=-----------'~?~ustt 15,000.00 1 ~,~.,ti.. w~ rM..a+ M..~.~+.. .+.,.a ~«?+N,? ~.~.u~»~ti ~ One Hundred Thirty-Three and 16/100------- 0O1~s cs 133 .16 x ~r ~i~~" ~ d» ~+?.w. o^ +ti. tenth a.,? ~ May , ~v 7 2, «d +ubse4uenr 1nsullmMn shaH b. du. .nd p.~rabM oq ~he tentli day of e+ch. and ~very ule~ month tMre~fter umil th~ princ~psl and intensl an fuily psid. l~rqer sums may b~ piid at any time, bo~ th~ p+yment of ~nr such I+rper swna in sddiYan w th~ p~y~nenb Mrein rqaind shdl no? nliev~ t!w makKS of th~ payn+ent of tAe montMy imtallm~nn M?~in provid~d for. ~nl~ss it is specificallr stipvlated b~r th~ nwk~n ~t flr tim~ of payment th~t wd+ la~ swns sn w b~ appiied b th~ advanc~ p~yment of th~ ~nonthly inst~lln~nM n~~ct mafurieg h fh~ wdK of the;r dw dat~s. /111 paym~nts mad~ ~pon tla~ nm~ sA~ll b~ ~ppli~d first b th~ p~yment of aavwd intenst and seoondlr ~ipon th~ pinNP+~- This oblipsrion sAall beu ina.est fron+ daf~ a~ ~M r~M of S1.X & eight- p~r oMa .8~ pa +er~wti unrH N» p.iap.~ .na nk.~st fi,~y p«a. tenths ~ inttnst fo? esch al~nd~r month shall be acuved on the first day of said month and be compvled on th~ ~~aid balano~ of princlpai and imeresf exhtirg on tM last day of the preadinp month. This noM sh+ll b~ oaaid~red in defaulf wl~++ any paymer?t required to b~ a~xle he:wnder shsll rat have been mstle within thirty days followirg ib due dat~ w~d sMll nmain in d~f~uh until ssid p~ymsnt sMll have been md~. Mlhik in defauM, this note shsll bear lnterest at tM rate of 10% aer ~ro+wn a~ liev of the rm Mnir~for~ speciRed. All m~ken snd endorsKS eow a Mr~sftN beoa~g parties herta ianty and sevrr~ly waiw dNnand, notia of na~paym~nt ~nd prolest, and +~re~ that in tM we~t of de/wh in the p~yn»nt of any iroulirnn+t dw hereurd~ tM whol~ of said indebtednass shdl tiw~- upon at tht optioe of tlr holdar, beaonK inrned'wt~lY dw and p~yable, and if thit note b~com~s in d~f~uit and i~ piaad in th~ lw+d~ of an ~normy for cdiection, w p~y ~euon+bl~ anwmy's f~es and ~II othe? oosts for makirg such aoibction. 'j ~ "O'e'"''' ~ °"P'~ °t'°Y'~. S Irving H. End~ich f~u1 IRVING H. ENDLICH - ~ ~ 1. Marv Endlich ~u~ MARY H. ENDLICH ~ cs~W (TFw rwq is sacured by ~ mo?ty~ of ~wn dat~ cxecuted by the makers in iavorof Cominunity Feder~l S~virgs and Lo~n Aun. of Rivi~ra deacia and shall promptly perfwm, comply with, and abide by each and every ihe stipulations, agreements, conditions, and covenants of said promissory note and of this deed, then the estate hereby created shall cease and be null and void. AND the Mortgagor does hereby aovenant and agree: ~o wr aN ,ea w~o~+~ a~~n+~ .~a ua.nsr ,ea an.. .~wn. o~ .~oe.,r wr.bb br v~r+w ot s+~e vo~u«r no~. .~a ~Ms m«rwp., o. .„t»., a~oNr on tM dhrs n~pMi~. Nr saw~ +~wsib oawe du~. t. io phr dl and sinqul~? rhe haes, nsest~~f. Iwies, liab~liries, oblpa~ioro ~nd ina+mb~+nces of wery ~anwe on saw oescnWd paperfy e~cA snd evNy when d~» and Wrsble scc«d~nq ro Iaw, be~ore ~r b~cane dN~no~ren~, snd i( ~he same sAsll na be w~P~h w~d A+e Mortysqee nyr ar amr ti~ne eiN~er befor~ w ahn deGnq~rencr wr ehe s~ne .~rid~ow w~iv:eg a~ffectieg ~he oWian to fwecfose. w Mw ~t Aere~rnder, x+d eve~r WYrnenf so rrrde sAall besr interest (rom rhe d~re rherao~ at the ra~~ pov:ded in s+id pranissory nwe- To keq tAt buildnp~ w~d ~II puiYm~M and P~~ P~~~Y now a Fw~stter on s~id WeTis~s, covsred b~r fhis wiw~y~g~, imund in • wiw N Mut ~ eawl w Mr wip+id b~4nc~ of Mis a~orty~p~, includnp Pw. eat~nd~d caway~ ~nd vanddiNn ~nd erlic:ous inswx~a as b w~~ wlw thr~ dwdM~O~, ~nd tin. ~s~end~d cowp~ and ~p~ci+~ /ona whw p~rib inw~~na m drwtlinys ei~bN ia~ wd~ brwduied cowr:.~ - vrovided. MMr~v~r, rMt wd~ irrurana a in amo~+nf wFfiti~M b oa~P~Y witA airy win~urr~ r~P~rw~MHf co+w~inY fa~n~ undM IM I~ws Of t!N ~t~N o/ flo~id~, and provided 1u~1Mr NW th~ Policy e? OdiciM ahdl b~ writMn in • oomp~ny w~p~iw ~nd thraqA ~n ~p~ncy satisfactory to tM MIaf9+0~e and MN s~id poliqr a polida sMN b~ MM bfr tM Mor1Y~y~ ~ a~d shdl bw • sbnd~rd Ww Yo~! Morq~qre Clww~ witlwul oae~r~:oe, wdcinY ~M loa undK w:d P~NS Pff~abM to ~M JMor19~q~ M iN inw~st ~M ~(iPN?i and in Mr Mm +M ww of wiawp b~oaw~s P~1~+~ +^Y s~d~ P~K7/ p Ootici~s„ 11w Morq+y~ sh~N ArN tM oWion b r~oir~ ~nd +Ody IM sanw on •owwM of ~M ind~bNBrwn Mnbp s~cw~d, w q VMwrt IM Morfp~Ya b~~pivr ~wd us~ it. or +iry W?t 1Mnof, for oNwr PwVOws. wdhaA 1hw~blr w~i~rinY ~:~o~w~+Y «M ~M. MM. a riyN ~wdn rnd M vir~w of M~i~ w~atq~p~t and in th~ ~wn t1K Marq~pa dws nef cowiply wid? tM oov~w~t, th~ Morfy~~ O' mqr P4c~ ~nd Y+Y lar wd~ irouranc~, a~np P+A ~Iw~of, wi~wN r?~iviiq w aH~ctinY 1M eMion b ~a~cbw, or +n~r ri9M Mrw+ndw and Ihe iup ~w~aint Oi t~fi ~ and Mry wd~ oaywnM afisN Et iwMr6Melly dw ~nd W1~+~M and tMll 4~r MNnsf iraw tM d~1~ tMrwf uiwil paid N IM raN P~~~ in wid ~aN and to~11r? t".-_, wit? sud~ ieM~nN ~hdl b~ ~a~ere b1? 1M Iwn o1 Ilww wierty~y~. s. ni.~ .«+~.0... ~.r. ~f .irp e..:.~ 1M. ...1~.~. .wa i~ i1. ai~c..+ie~. Ndr .1 ...1~.~. ~....iNr rnr...o. cr...rM 11~. !~'1 wwt~~ wcuNd bp ~M rwd~ni~~1 ow ~ww dsb I~wid~. Pap N» Pr~wiww~ dw bq rMww tMr~of, wd hqoir~ rpepw~w~ rf? tM w~MniM~d d~ •rcl~ e~ewb M w~ edro~c~d bp wid ~w?po~~- I¦ ~M ~.~nt of (oi~n bp tl» w~dK~~d 1o r~~r seid ewerwb ro wid ~er~~~, wd i~on ~MM M aai/~nd . d~fe.h, owd aM wmri.iaa oI 11w woN owd .a.paq~ .ith .•p.d ~e d~(orh ~N b~ pplicaW~. pco O 5. Te ~i6 wwr~it or wtHr eo wasN, i~wwwwa er dNwiention ef wid orov«ty, er +iw owt Nw~of, and upoe Mr t~ilw~ of M» nierrN~er w b~P ~M ~m build~np a~ wid O~~b M 9ad cowdition of r~P+b. Mr Ab?q~Y» wr'p d~ww~d flr i~aN r~p~i~ of ~ad buifd~, a~n ewww in tM awawM el NaRiM. er 1M i~M nWy~M of th~ drM Iw~M ~~d ~nd Mr /ailur~ of Mr Mor1MYa 10 oo~lr with uid d~w~d d Mr Morlp~~w ior a Mrpd e1. thirM p01 drys. ~MII conatiwH a br~h o/ thi~ wiafY~O~. and, tl~M opion o/ 1M Matq~~, iw~n~M1Y mMw~ AN «Mir~ ~M of P~~ncipd r+d MNrrat Mnb1l s~cwed. and i~e~~atp N+d wiM~aA notia. 1M Mbn9~Y» P~~din~ M IoneleN N~is ~nat9~Y~ ~nd ap~ly fa IM ~VDpmer»m et • R~c.fv«. ~s F~rr~r,eltr. pro~•dc~. s. ~ ? ~;~y,..•a..'~~Y`~~" _ ~ ~.:f - ~ ~ ~'6