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HomeMy WebLinkAbout1480 _ - - ~ • . „ TO HAVE AND TO HOL~ the =ame, to~ether with the te~eme~ts, hereditaments and appuNenanaes, untc fhs Mortgs~ee, in fe~ simpi~. ~ AND the Mort~saqor does Mnby oovenant with the Mort~a~ee that he is indefeasibly s~ized of said land in fe~ timpk, that he has full power and lawful ~i~ht to oonvey said land i~ fee simple as aforesaid; that it shall be lawful for the Mo?tgagee at all times peaoeably and quietly to enter upon, hold, oocupy and enjoy said la~d; thst said Is~d is frot from all incumbrances; that he will make wd~ fu~ther auu~anoes to protact the fee aimpie title to said land in the Mortgs~ee as may reasonably Ds roquirods tMt he does hsmby ~ fully warrant the title to said land and will defend the same ayainst the lawful claims of all persons whomsoeve~. PROVIDE~, ALWAYS, that if th~ Mort~eyor shall p~y unto the Mortga~ee the certain promiuory note of which the followin9 in words and fi~ures is a hue copy, to-wit: SES "EXHIBIT A" ATTACHED HERETO. ~ . COMMUNITY F~ERAL SAVINGS AND LOAN ASSOCIATION Of RIViBA dEACM ~ECort~~~e x~II#e . ~ RIVIERA lEACN. FIORiDA 19 b~iig indebad, valw naivd, tlr undenipned fointy and s~veratlp promiw to pyr w COMMUN OHtAI SAVINGS M1D IOAN ASSOCIAiION Of RI lEACN N in offiu in ~M Cap of Wvi.r• S.sch. Fb.id~. a ada, fl+~ lt 1 wy.tha wifA htKei~ tlweon ~ h.. st•Nd in nwmhy inat.IMnM?n of _ DOlL/1R5 lf ~ TM fint nwnthlY iiat~Un~ent b~ dw and pay~bb on tM d,y of 19 .nd .ubaequ.nt imtd~enM+a b. aw .na P.y.W. oq th. day of ~ach and ~very calendar momh tFiece~her umil incipal and imsr~st paid I~rger swns m~y b~ p~id ~t any Y~me, buf tM of •ny s wrm ie addition b th~ payments Iw~in nq~rind ~h~N not reli~w tM en~k~es of th~ payment of tM ~nonthly intt~l6in~n in iw. unl~ss it K specific~ly stipu4»d by th~ nwlc~n ~t Nr tim~ oi paYment that wd~ I~rp~r tuins an w b~ appli~d w tM p~ynrnt of tM monthly irwallnrnb rM:t m~turinp h flr ordw of th~i du~ dat~s. All p~ynrnts ~nad~ vpon Nus not~ slwtl b~ appli~d to th~ p~ym~nt of ~ouved inqr~st ~nd seao~dlr Wo^ tM Pri^~P~ ihis oblg~tioe sh~N b~ar interest iran daN N tlr r of P~r aet ( pM a~rw~ w?til the printipd and intet~st ~rt fully p~id. . Interest for e~ch ulendar month shall be on th~ first day of said th ~nd b~ oomput~d on the unpaid b~lanw of princip~l ~nd irrMrest txatinp on th~ I~st day of th~ month. This note shall b~ in d~favM wh~n +nY WY~^t n4~~ ~O ~ made h~r~w~der sFull not havs bsen ~nad~ d+vtY daYs followirg in. due dab 11 nmain in d~fauh unNl said paym~M shall have be~n made. Whil~ io dsfavh, this no II bear intercst at the r~t~ of 10•16 pK in I'NU of ths rm hereinb~fon specifi~d. /111 ~nak~rs and endasKS I+asafNr b~oomi~p parti~s herero 'pintly and ~sre~aUp damr~d, eotice of natp~ymN+t +nd prot~st, and ~prN th~t in tlw ewnt d~fwh h Nw paym~nf of ~ny irntalkmet dw lw~und~? tht 1~ of said ird~btedmss slyll Nw+- upa~ at tM optan of tht ~ imn~dimly du~ snd p~yabl~, and if thia oo» beoonrs in auh and is plac~d in the hands of ~n attan~y for oollectan, nasonabb attomry/a fMS and aN other coab for m~lcig wch co~ This rate m+Y be Wid at any tier. ~I ' - ~ -(SEAU I ~ E i ~ ~ ~ ' raN is secured by a mo~qsp~ of sren daM e:~cuted by tM nwk~n :e favor of Conrmxuty Federd Savirgs and lo~n As~n. of Riviaa and shall promptly perfwm, eomply with, and abide by each and every the stipulations, agrcements, conditions, and mvenants of said promissory note and of this deed, then the estate hereby created shall eease and be null and void. AND the Nles~~ago~ does hereby aovenant and agree:- ~ 1s pa~r dl ~nd sinpulr ~M w~++dOd and im~nst ~nd oNw wer of ~wne~r pe~r+bN bp virtue of said wwe~~~«lr eoN and d+is maty~p~, p~ifi~. V?o~nptlY on tM d~rs ?wo~~hr, tM wwr a~w+~h cow~ du~. ~ T. To a+r a11 and ainqular ~he u:es. aasessmen~s. I~v~es. I~aE:l~r~es, obliq+tiaa ~nd arcumbranca oi rvery nawre on s~~o aeacnbed D?opKtr eacl+ and eve~r when dut a~d paY+Ale xcadinq b law. E~fwe eMy betane delinp~enr. u+d it ~M saine shalt na be promprty wid ~ht Mwqagee m+y N ~rr1r tiine either belwe w al~es delinWerKr wr Me saene wi~AoW waivenq w~f(ict~~q tM ophan to icv~clos~, o~ ~nY rqM herew~de~. ~nd everY WYmeM w mad~ sMll bear interes~ irom +he d~te tMreof a~ the rafe o~ovided m ss:d wanissorY nae. . To kNp fhs b~+ild~pa ~nd ~H puipm~rM ~nd p~nond pop~rty now a h~rta(»r on said prenrses, covsred bp tAis w~orty~y~, iro~w~d in a sww N INSt eaw~ b~ w~p~id ba4nc~ of iFrs ww~tyr~, includnp fw, eat~d cow~+p~ snd v~rddis~n and eulicious inswa~c~ as 1o prapMies otM? tMn dwdli~q~, ~nd fire. ~~rnd~d cowp~ and ~peci~l fwa~ qlw~ Pwils inwwMq m dwelt'wq~ ~li~'bN fw such brwd~ned cwwc~e - Provid~d, howwa, rMt wch imwann b~ in una~nt tuffici~nt b eanV~Y wifh ~ery oo-iirur~nc~ r+4~NnarMS eovuinp s~n~ u~d~r ~ laws of Nr :qN oF Florid~, and provided firrtM? thN the poliqr ot pdieiM sMll E~ vrrilNn in • oon~prrry or cw~V+ry~s and thraqh an ~p~nty wfisi~dory to IM Mor?WON and dW s~id P~~ w Oditi~s sMll M MW br dr Morqpw and JrM pw • staidvd !Mw York Mortq~yM Clw~~ witlwuf conm'burion, wrlcinp Mr loa w~dw said P~ Ph~abM w tl~ Mor~9pM as ifs inlr~st in+f~ ~OWMS and in t!N ~w~t ~n~r swn of ma~r b~caw~s pr~rabM und~r «r~r wd~ policy a potici~s. tAe Morty~qN Jwq h~v~ ar op~ion b naiw ~nd ~pply IM ~anr on aceount of M~ ind~bMdn~n her~r a~eur~d. a to qrn»t ~M Mortppoe b naiv~ and us~ it, w nry pwt ~Mrwf, fw oNw vMV~. 1MnbY w~~+0 ~ w wro~irinY ~n~r p~wh. N~n. er ~iyht und~r and M virlw of thi w~orp~qy and in /M e~nnt dr Mor~qor doa nof cosiP~Y witA ~his oarwuM. tM Morf~~ ~ m+fi pl~c~ ~nd pqr /or eud~ insw~na, or +oY w?~ fMnof, withart w~ivinp w aH~ct+~Y fh~ op~ion b far~clw~, a+ep ri9M Mrwedn and th~ iull amawt of ud~ ~ and ~+rwy wd~ pryn~M afi~N E~ iw~a~pelY du~ and phrabN ~nd sMll bwr inNnst han tM daN dw~of uMil piid N tln .st~ pavidrd in asid noM and bg~/w ~ wi~ wcA ~~MII b~ NawrO bf~ IM Iw~ of 1hw wwrtp~q~- ~ 4. ilNl .«Ipo.•, wq. ~1 .q? 1i.. a..ip w...1p0. u... «a i~ i+. ri~c.Mie.. Mdr .....rl ef ~v«..h iM...~c. awrlM Iln ~ ~eet0~ ~a~M~d M tM w~dariqMd ow ~ww deN M.r.ilb. Pef tbe prMivw? dw ar ~~wow Nw.Nf, owd nqwn ~~p~rMw1 `'l~ ~~^~!"~d ~ ~ucl~ a~owb w er~ edwnud br wid wo?tyo~~. Iw tA~ ~wt o1 fo~7vr~ br tM wsd~nip~d ~e r~Oep wir e~ovwls 1o wid ~at~~~, wd~ f~ilw~ ~MM ~ b~ tew~i~~d • d~Fwh, ewd dl Prarwiow~ of 1M ww~ ewd ~orlqoo~ vrith r~'ord 1e d~ferh ~A~N b~ ~pplicebb. ~ psi~ .f. TO OM~Mt~ tOlMlif p NI/~K IIO 1MpN• ~pW~M1~1 O/ aMriO?Mi011 O~ M~ PtOpM/Y. Of ~Iry OYt ~NfW~. M~ W011 NN fN~Y1~ O/ MN I~ort~0a a k~~Y ~M bwld'rpa on wid V~opwh in poed sondeian of rpai~. N» Map~y~ n~r dww~d tM iwrn~ah rp~i~ d wid build~npi, a~n irwMw in 1M ainamt of wewi^r, o~ 1M 1~rn~iaM ~~fr~r o/ ~M d~b I+K~b1/ ww~d r+d fM fwlun af fM Ma1p~Qo? b conipM with s~iA Orww~d of d» MafppM 1a a aried of 1Ain~l I~ d~y+. ~hdl cartinM • brwd~ ef IM ~nd. N Nr aptien o/ IM Mat~~. ~arw~6+Nh~ ~tun N» ~ntin ~n~owM ef 0~~~ wl in~r~st Mnb~l s~cw~d, snd inxnedi~»!y ~nd wit~ notin. 1M Mw~WYN n~r ~M~M P~~diwyt w fw~cla~w MiM nar~yp~ ~nd +pV~r fer rM ~aDan!m~nt o1 • R~ca~w~, n f.~.~:n~frw provided. . _ ~ ~ - ~ - - - _ - - _ - s . _ _