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TO HAVE AND TO HOlO the same, tc~ether with the roneme~tt, h~~~ditame~ts and appune~anas, unw tM
AAwt~a~, i~ fN simpl~.
ANO th~ Mort~a~or doet her~by oow~ant with the MortQaQee that he is indefsasibly seiud of s~id land in fe~ slmple,
that he has full power and lawfs~l ~i~h~ ro oonvay ~id land in fea simple as afaessid; that it shall be lavrful for the .
Mo?t~a~ee at aii timss peaosably and qvieNy ta er~ter upon. hold, oocupy a~d enjoy said land; thst said lind h fro~
f~om all incumlxa~; fhat .he wilf make :uch further assurance: to protect the fes simple titk ro said land in ths
M~t~s~es as may ressonably bs roquirad; thst hs doe: hereby fully warrsnt the title to said land snd will defe~d fhs
same aqains~ the lawfut claims of all per:ons whomsosver.
PROVIDED, AIWAYS, that if the Mortqa~or shall psy unto tAe Mortgagee the certain promissory note of which the
following in worda and figures is a true copy, to-wit:
~ COMMtINITY f~AL SAVINGS ANO LOAN ASSOCIATlON Of RMHtA BEACH
~ur#~~~~ ~ute
- RIVIERA bEACH, aortia? April~,, ~472 .
1 leinp indebted. Mr valw reniwd, t!K ~x~dasgned ~ointl~r and aevMdly ~xomi~~ to pay b GQMMUNIIY FEOERAI SAVINGS /1!D
~ LQAN ASSOC1AilON OF RIVIERA lE/1CN ~ in off~iu rmr ~~w... e.aa~, Fb:~a., « o.d.., M. o~ THIRTY THOUS
~ AND NO/100-------------------------------------------pouwRS a 30 , 000 .00 1
~-~?««r ~n...~ » i,.?«~++s~. ,~•~.a ~ ~«++M? ~.~.~a~,«+y ~r Two Hundred Thirty-Tw~o and
59/100--------ootwts ct 232 . 59 ' ~ The stnr ,rwnthl~, ~nstdu~»nt sh~i~ b. du~ and p.yabb eh~ tellth ~
d•r ~ June . ~9 7 2, «+a ~,.u~y ~.o b. a~. «~a p.,~~+. p, tenth
day of e~ch sod every c~l~nd~r month there~fter until 1he principal and inter~st ~rs fully paid.
l~rye~ sums may b paid ~t ~ny Hme, bu~ tM p~yment of ~ny wd~ lar~er swna in addiian b tM p~ymenb Iw~in hq~ind ~hatl
not nli~w th~ mak~rs of the p~yn~ent o( tA~ monthty irurstM~enq Atr~~n provided far. uniess it ;s spec;fiuly atipulatad by th~ nwkKS at tM
time of payment that such lar~? aunis ~r~ to b~ applied w th~ advanc~ p~yment of tM monthhr iratallm~nn nact nwtw&~p M 1M prd~? ~
ihe'r du~ da~es. /UI p,ym~nn mad~ ~+pon tha not~ sMll b~ spplied firs~ ro tM payment oi stuwd in».at ~nd ~scoedly upon Nr Pri^~P+~•
This obig~tan iMll bN? inls~est froen dat~ at th~ raM of SEVPTI pK u~t ( 7. ~0 pu a~+~um
until the p~intipal and inter~st ~n f~lly p~id.
Inhrest for esch ukndar month sfall be ~caved on th~ first d~y of said month and be oompu~ed on the ~npaid b~larw~ oi pr'uuipd
and interost existirg on tt+s Isst d~y oi the preoeding month. 7Fds note shaA be oonsiderod in defauh whae anY WY~t ?eq~ind to M
m~de he:eunder shall not. Mve been made within tii~rty d~ys folbwi~g in dw date ~nd sh~ll rern~in in dtf~uh vnNl said payment shall
havt bean m~de. Whik in defauh. tha noN shall bea interest at th~ rate of 10% per annum a~ liev ot th~ rats Mrtinbtforo spscified.
/Ut m~ken and eedaaers eww a herNfrer btaornig p~rtiMS her~fo jointly ard ~ewer~pr wair~ dtmx~d, nolioe of nw?parn~nt ~nd
p.ot~st. and ~grss thot in fh~ ~vent of defa~lt in th~ p~yrewet of ~ny installment dw haeund~r the whok of ~aid :+dabtedneia sh~ll that
upon ~t th~ optioe of the Mld~r, beooew imned'utely du~ ~nd p~yabk, and if tl+ia nol~ b~oo~nn in d~fault ~nd 'a pbced in th~ Iwd~
of ~n ~norn~y fo? oolkcrion, a pay ressanable anorneys f~es ~nd ill other oosts for m~k'rg such ooll~ctia~.
This note may be prepik! it sny tin+e.
_ 3~ E$.~ard L . Mer~ ~
EDWARD L. MERZ
_ _ (S~?p
_Ann F . Merz
ANN-F:~
(~?U
(TM notr b secwed by ~ mort~a~ of even dat~ executed by th~ m~ken in favor of Conwmrniry Federal Savinga snd law~ /lssti of R~viwa
and shall promptly perfwm, comply with, and abide by each ar~d 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 the Mortgagor does hereby oovenant and agree:
1. ie pap all and tinputu th~ W~ncipd ~nd iM~rett snd o1hN swro d wweM WI~+a~ bY virhie of s~id praniatwy ~aN and dtis nq~1W9~, at ~i11My V~O~N
on t!y d~frs rNp~ctively Mw a~ ~wlly ca~w du~.
I. To wY Nt and singu4r rAe t~aes. saaess~nenb, la.i~s, liabili~ies. obl:qNioro ~nd ~ncumM~nces o~ ~re+y nanwe on ss.o oescnbed poperty ~ach and erer~
when d~e ~nd wr+ble xco~d:ng ro law. be(«e Mey becarK deGnQuen?, ~nQ if rM s~ne sAal! nor be womv~h tw;d the Mor+p~qee n~r ~t any r~me e:Mw befae
u alrer de4~quency pay N+e irne witAw~ w~iving a sfled~np th~ option ro far~ctose. o~ any riqht hKevnder. •ind every prYn+e~+t so ~nade shall bear M~nt (row~
rhe dar~ Mereoi at the ritt pov~ded :n s~id poewssory nWe.
To kNp the b~ildnps ~nd ap puipma~l and oKaa~l w~~Y now a h~rednr on said weevses, cov~xed by this ww~ty~y~, inuw~d in • sww ~t iwat
eqwl w IM w~p~id b~4nc~ d tM wwtppe. incWdnY fin, e:t~nd~d cowp~ ~nd v+nditis~n and aylic:ais insww~c~ ~s m prap~rties oMwr Mw~ d«~Elinys, and
lis~ eaMnd~d corsrp~ ard ~p~ci~l ionw wMt Pwih irour~nw on dwellirgs ~iiqiW~ for such brosda.ied cover=~e - wovided. I~vw. tHq aid~ inwwana b~ in
~mowN sufficiwnt w canplp witA ~ny coimw~na nquiren~nts aow~inp wn~ und~r N» Isvrs d tM ;t~u of Flarid~. ~nd parided furdw rAN tke O~KY p P~~
sAall b~ writNn in • m~pMw a con~~ ~nd fMouyl? an ap~ncr salisf~ctory to tl» Ma~~pe~ and tA~t s~id OdK1l ar potic:a shdl b~ MW bp d» Mx~YpN
and f1rN b~n • sNndwd Nrw Yort Morpp~~ Clwh~ wilhaA oonM~Aion, wrkNq 1M bp u~dw ssid Pd~s V~YabN b Nr MoAy~qM a~ its imrwt sM +PP~+?:
~ and in tM Mnt aehr sww o1 nwne~ b~oa~rs pnrabN und~r a~ry wd~ PolicY o~ polici~a. 1h~ AlorlqaqM slwq Irvi tM opriaw 1o rwiv~ and ~pply Nw unw on
6~r°~ ~ocawM ol IM ind~bNdiwu hr~bY Ncund, a b Y~~ tM Mafp~qw b r~piv~ and uw if. a snY WA Mu~of, fv o~lw iwrPos~s, wiM~aA 1Mnbfl w~i~r~n0
~ a~0 ~~M. or riy1N wMlr w~d b~r virtw of Mra
sq ~ ~ d~ and pry fa? nrd? in~wanc~ or r~t~ P+N Mw~of, wi~taw w~,~~s ~nd in ~M ~vwn Mw Mlortq~qor dou eot cawqly w~iM rhis eowwM, IM INorlp~pM
~~I ~1r s~d~ Vn~r+~wM tfiaM E~ i~d~aMl~r du~ and or aff~c~ir9 ~M aMion b{or~elow, or ~r riqM Mr«rnder ~nd ~M fuB a~wuwl of Ntl~
W1~~~ and tMll b~M inM~s1 fraw dw drN Mrr~of u~Nil paid N 1M raa Pwvid~d in aaid eqM'and bpsMw
witU .wh iM...,+ .Mlr 6. ..a~.a er r» a.n a rw r.o.q.p..
~ 4- iM~ ~rr~~. «t. ~t «rr +hw dwiM +1~ ~w1~N +a~., a.d i~ d. d:c..+to~. ~vvh? 1.r ..w.w~ ~i .n1~.~. pwwM~r iM..wa c..atM M~.
~a1~~ ~~ucM~d bp 11» ~ni~~d ew ~ww det~ MatiilA. Pef~ ~ W~i~ dw br rNww Nr?~oi. ewd rp~rir~ rp~rMw? b~r tM~ rwd~ni~w~d d
~ wcA e~evw~s w e?~ edronced bq soid ~apo~~. 1~ N~e w~nt d foaern bp tIM YwdNiq~wd ~e rpo~ wid e~orwb ro ~oid ~w1~~, wd~ hibr~ d~N
~ ~ t~w~iMr~/ e d~iw11, o~d aM pro~ri~iows ol 1Af ~oN awd awtOoy~ ~iN~ r~~ord lo d~(orlf ~eN 6~ ~pplic~bb.
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C s) ~ Mid 0/OpM1y 111 tMdi1{OII O~ f~P~f. ~M ~Of~MO~~ Mr {~/II~M14 f1N ~IIM~iiN ~~P~f O~ Mid btwldir~~ M M NICl~M~ MI 1~M MMqlll OF NQRi/y. OI
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d~Yt, shdl tontitvN ~ br~~tl~ Of Ilw wieny~q~. ~nd. M/M ap~ion oi IM Mafp~q~. inrn~6~M~r mMrtt Ih~ ~Mi~~ ~otiwl of O?~~ and Mwrut Mr~'l/
s~ew~d. ~nd ~mnwdi~hly ~nd wiN~N wofia, rM Mat9~Y« ~ bari~rw poe«diny~ a fonelos~ rAa ma~~p~ w~d apolr 1w th~ +PVOinen»+» o~ •!lx~~wr, a
ha+• ~ftr p.o d~r~.
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