HomeMy WebLinkAbout1821 TO HAVE AN~ TO HOtD tM tam~. top~?Mr with ths t~nement:. MndiNm~nts and appu?te~~noss. uMo t!~
Mor19~~N, in fN timpl~. .
AN~ th~ Mortqpor doa~ lsa?eby oove~~~t with the Mort~~ee that h~ i: ind~feasibly seiz~d of said land i~ fM simpl~,
that he ha: full pow~r ~nd lawful ri~ht to oonwy said la~d in fee :imple as afore~id; that it shall be lawful for the
Mortyagae at all times peaoeably a~d quietly to ente? upon, hold, oocupy and enjoy said la~d; that said lud is fns~
from all incumbra~ces; tMt he will make such further auuro~ces to protect ths fee simple titk to said land in the
Mort~~ss as may reasonably be roquirodj tMt he doss hereby fully warrent ths titk to said Iand and will defend the
ssme a9ainst the -lawful claims of all persons whomsoever. '
PROVIDE~, AIWAYS, that if ih~ Mortysyor shall psy unto the Mort~agee the certain promissory noro of which the
foliowing in wonis and f~guros is a tnie oopy, to-wit:
COMMUNRY ~AL SAViNGS AND LOAN ASSOCUITION OF RN1~/1 dEACH
~urt~x~e x~v#e
rtw~ew? eewc~+, aortiow April .CD , i972.
I e~:+~ ~+a~et.a, fo. ~aiw naH?.a. +i,. w+a..sq~sa io«~~h .~a ..r...~y P.«~w. a P.y w cawauNin ~o~u?t snviNCS ~
lOJ1N ASSOCIATION OF RIVIERA bEACM N its offio~ in th~ C~fy of Riv~er~ l~+ch. Fbrida. o? o~dM, tM swn of S~$~$~
TSOUSAND FIVE HUNDRED AND NO/100--------------------oo~v?RSCS 17,500.001
w;,n h,...,~ tn...~, h...~.r~.. .,,~a ~«++M,? ~~.~~K ~ One Hundred Thirty-Five and
' 68/100-------oau?RS is 135 .68 r,. ~«+~v ~a.iu~.~~ ~.n b. +~a v.r+b+. tenth
d.,, of June, ~9 72 , .~a w~equ.~~ inu.~M~m. sl+.n e. a~. ,~a wr.a..n th. tenth
day of ~ach and every ula~dar moo~h tMrs~fter umil the princip~l and intenst are fully piid.
~N9~+ s~ ^~Y ~ P+d ~t any trn~. Eut tM W~~ oi •ny svd~ larpe? swns in ~ddition w tl» p+yment~ lwsin hqvN~d ~haN
not relieve ~~r mak«s of th~ p~yme++t of tA~ awntN~r i~rtallmN+n Iwnin provid~d fa, unl~ss it a speaficall~r stipul~t~d b~r tM ~ken ~t th~
tim~ of paymem th+t s~ch larpa swws ~n to b~ applied to the +dv+ec~ WYme^t of tM monthly iir:allm~nn oext mswriig h Nw orda of
thei dw daqs. All payrmna m~ upon this raN sMll b~ applied firs~ to ths p+ym~nt of aovu~d inhnst and seoondl~r ~ipon tM PrinciP+l.
This obligation sh+ll beu intsrest fran dat~ ~t th~ raro of seven pK 7•0~ PK
unril Me p7ncipal and inter.st an fuly paid. .
Inrerest for each alendar month shall be scvued on the f'ast day of said monrh snd be oomputed on shs unP+id b+lsnae of princip+l
s~+d inrorest ~xistinp on the Isst day of tl+e preceding montl+. This noro shall be oonsidered in defwh wFwn snY payment reqvked to M
m~de he:eunder shsll not lWVe lxen made within thitiy days folbwing its due date and shsll rtm~in in d~fauh until safd paymant shdl
I Mve been rnade. Mfl+ik in defavh, this note shall beu intenst at the rate of 10% per +nnum in tiev of th~ rm hsreinbsforo speciMd.
~ All msken arwl endaa~rs now a heresfter becanig p+rlies he.ero 'pintly and ~sv~erallp w~iw d~m+nd. notice of noo-pa~rmant ~nd
prwat, and aprs~ th~t in tM ev~m of defwh in tM paym~nl of any inst~llm~r?t dw hstewwl~r tM wFab of said indebtedness sh+ll tlw~
I epp~ at th~ option of tM lioldK, beoowr immedi+tely du~ and payabk, and if this ~wt~ broonNS in d~fauh and is pl~c~d in tM h~
of ~n ananey for collection, b pay re~sonable ~tlorne~s fees and all mha aosn fw mdeirg wd+ oolkcrior~
This nw~ m+r be aep+d .t a~,r time. ~ Elbert N. (5fw~~
Peterson
ELBERT N. PETERSON
- ~U
~ SL Doroth L. Peterson
! DOROTHY I,. PETERS N
E (Thi~ note is sscured by s nart~+p~ of even d~a execvred by the m~kers in fsvw of Comn~x?ity Fedcrd Saviigs x~d I.o~n /1s~?. of Riviera d~+da
f ~
~
~ and shalf promptly perform, comply with, and abide by each and every the 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 ihe Mortgagor does hereby oovenant and agree:
i. . Te psp all ~nd ~inqulr Mr Princ~P+~ ~nd i~wresf ~nd alw wnr d wwn~y vM~bb bq virtw d said pawisaaY ~aN snd Nas mwtv~0~ a~i1tw, pawptb
a+ ~M dhrs ?«v~ctireM, dr s~we ~Mnllp oow~ du~.
Z. To Wfi all and sinqular ehe ~aaes, issessmeMS, levies, lub~li~ies, oblp~fioro and incwnbinces oi ~r nahrre on s~.a aescnbed Dr~~Y esch and evary~
~ ..hen dut and p~yaEle ~cc«d~nq b law, befae Mey becane del:np~enr, ~nd ~A~ sawr sMll na be pranp~h pa:d Nro Mortyaye~ /n+y at ~ny tirne tither before
o. ~I~n ekGnqx~~cr wr Me s~ne w~Mou~ wa~v~nq a~flecr~nq ~he eWion a(orecbse, w+iw rph~ herew~der. ~nd everr wYmenr w m~d~ shall bear :n~erat fron+
rhe da~e ~hereof at ?he rafe pw.ded .n said poinissory nwe.
~ To kNp tlr buil6iqa ~nd ~If p~wp~wN ~+d P~nor~l WoppM row a A«eafhr an said wemises, cmrsred bp this w+orfq~y~, imur~d in • wm N Mut
~ eqwl a th~ w~prd b~4nc~ d IM nwr~9~q~, incM+6nq fw, tatu~d~d cowpe and vanddism and a+diciars iMUrann u q P~~~iea oMw~ tMn dwdCnY~. ~nd
~ fin. ~s~d~d covw+Y~ and ~pecial fonn oNiar Puib wwRSna on dwellirqa tliyibl~ iw sucfi bro~d~d cover,.a~-Vrwided. Iww~v~r. M~sf wd~ inwrano~ b~ M
i+ww+nt wtficl~+t b oanplp with ~n~r coinsurs~w r~pwr~wNa oorerin0 sanr und~r dw I~ws d tM ;taa of Fbrid~, and vrovided fiwdw that Nr PolicY or Polic~
~ .lrtt b~ wr:nw~ in •~y or comv+NN ~nd Mrarph an ~p~ncr wtisiacwry to Nn MatWpM ~nd tMt s~id vdicY a policies sMq b~ Mld M Nr Mortq~y~
and ~h~N bw • sw~drd N~w Yat MaqpM Clww~ wi~han cantribu~ian, m~lcinp M~e tow wdw said odicies wr~bb to dy Mort~+pw ~s ib inhmt w~M +op~Ks
~ ~nd in th~ Mnt «M/ ww o1 nwiry b~wnws O~Y+~ ud~? ~r wd~ policV o? Outici~s, ~he Morq~q» shsq Mw ~M option b r~aiw ~nd pplr /M unr on
~ ~ctowM oi fh~ ind~bNdMU Mr~bp srcur~. O~ b p~nwil tlw A1o~1q~p0~ 10 r~wiv~ and uk it, or ~ny pa~1 A~pld. IOr oN~ PurVOS~s, wid~ouf thM~tM w~i~~Y ~
«~0+'+~ ~w w~M. ~1. ot riyM M~dn ~nd !'p virtw of tlw niortqpr, and in tM ~v+n~ th~ Mortp~yw dw~ not cowiply witA tis cov~nrN, f!r Maty~q~~ ~
R1/y V~iC~ Mld piY ~0/ MId1 inlu?i~K.~. O~ MW Pr~ *M~O/• wi~10111 w~ivieq 01 ~K~MY I~M Opfi011 f0 ~KIO~f. O~ ~~~M h!/N+nd~f Yld Ihf ~I MIOtIN O/ Md~
~nC erwy wtA WfrwrM ~MII M i~iwN dw ~wd PM+bM ~nd drM ~r inwns/ haw dr d~M Nwnof uMil Mid tl qw rste povid~d in s~id noM and wq~M~r ~
,~A «d~ ~,MI~ b. .~.u a ru uw~ o/ M+» .w.+y.~..
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I. iM~ rrf~s~. ~r, d~r~r Rr ~rriM Mn wa1~p~ t~r~. ~wd iw ib ~aNfew, e?V~y f~r t~wl ~1 ~Mt~~ ~wrwNf iMww~o~ t~M.i~/ ~M ~
~a~~ ~~ar1~d b~r 11» rwdK~i'w~ o~ ~nw deh iNr~wi11~. Pa1~ fl» pr~wivws dw br ?ww~ Ilw~wi, s~/ ~p~rir~ rp~rMw~ b'p ~M ~~i/M~ ~l
~ e~srwb e~ or~ ed~owc~d 6p wid ~ortOo~~. In eM ~ent ei (eJvr~ br tM wd~r~d b r~pp wil owewNs 1o wid ~or~~~, wd~ l~ilw~ d~M ~
b~ uw~iMr~/ ~ d~twiN, e~d ~M ororwiews ef 11» weN ewd ~erpo0~ wi11~ r~~wd W d~(orh ~i~M b~ pplic~bb. ~
S. Te o~b oo~it or wff~r ne wMw, iw~~rw~nt « d~w'arNion e1 ~aid o?ev~M, a«~r v+„ dw~of. ~nd ~~ew M~e ~ailun d Mr w~ar~'a ro kMp tM
bww:eM. an ..id weo«+r ~ Yoor eew6+iew ei r.o~. M~• ~~ww• ~w dMw~d M. iiwwr~ .ww• ol i«d bwldna., e. ~n inn..N in d~ «.euw eI ~ewiM. a
rM iww~iM~ nONwrM e1 1M d~b~ h~nbfr wwnd Md b f~:M~ ~f b Mer1p/e? b eanOh~ wi1A uiA dwered ef 1M Mor1y~4N fo~ ~ Mried e! Mhnr p0) O~
~ d~Y~. ~I+~11 corot;wN • Ers~d~ ~i Mw iwerp~a, and. M/M eP~ d~N MoetO~YM, i~rw~dwMh~ ~h+r~ MN «Min MMwM d P~~~W) ~nd WN~ntt hW~
s~n,.~d, a+d irnr-t*Ndy ~nd wilhaA nolio~. 1M Ab?~0~0» ~~K~ Or««dina b/onclw~ M~in iwa~qp~ ~nd poly /or Na ~YVantrnenf oi ~ Roc~iv~r. M
F~~r:^.,1en ~ r,.::1cd
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