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Tp HAVE AND TO HOLD the same, together wlth the tenements. hereditaments and appurteuwc~ unto
the Association, in fee simple.
AND the Mortgagor dces hereby covenant with the Association that he is indefeasibly seized oi aaid land
in fee simple; that he has full power and lawful right to convey said land in fee simple aa aforesaid; that it
shall be lawful for the Association at all times p~ceably and quietly to enter upon, hold. oocupy and enjoy ;
said lai?d; that said land is iree from all encumbrances; that he will make such further ~ssuranc~ to pertect ;
the fee simple title to said land in the Association as may reasonably be required; and that he does hereby tully
warrant the title to said land and will defend the same against the lawful claims oi all persons whomsoever.
P~tOVIDED ALWAYS that if the Mortgagor shall pay unto the Association the certain pmmissory nate
of which ~clatbo~v~iaf0~it~c~~~acx~c6~ac~wci~~wciooooexa~pcxE~#~c a copy is attached hereto
as Eahibit B and made a part hereof. •
Form No. ZC-Revised 12/71 (12•71•1M) '
FIRST FEDERAi. SAVINGS AND LOAN A880CIATION
OF THE PALM 6EACNES
~ortgage ,~ote _
; West Palm Beach, Florida _
After date, value received, I promise to pay to the order of FIRST FEDERAL S NGS AND LOAN f
ASSOCIATION OF S PALM BEACHES, at the ofl''ice of said Association, in West Palm ach, Florida, the sum- :
s -.1
~f - _ . _ . llar . .
together with interest as einafter atnted; in monthly installments of
. . ~ - - DoUars(~~--- . .............1
each, the first payment to be dae the day of . , and subsequent payments to be
due thereafter on the same day of e succeeding month until ali sums, ''pal and interest, be fuliy paid.
All payments shail be first auplie o the payment of accrued in st, and the baiance remaining shall be
applied to the payment of the principal .
Interest for the remainder the the ~irst ienciar montn s'naii o cnarged on iile daie iterec,J, anii i~ cv~.a~,uixu
on said principal sum. Interest far each calen month thereaf shall be accrued on the first day of said month, F
and be computed on the unpuid balarue of prirtci 1 asd inter earisting on the last day of the preceding calendar
month. 1 nterest shall be paid at the rate of _ _ . . . _ _ . . . . . . . . . _ . . _ . _ _ . . . . . . . - - per cent ( _ - . - - . - - . . per annum ~
on all unpaid batances, provided, hotoever, that while te is in default as hereinafter defined, at the aption of ~
ihe holder hereof, ~nterest shall be paid at the rate of per cent (9%) per annum on all unpaid balances, and ~
the monthly installments shall be increased to an a nt ich will futly pay s~~d note as aoon as if it had not ~
~ become in default. ;
i This note shall be coasidered in default w any payment quired to be ~?zade hereunder shalt not be paid
when the aame becomes due, and shall rema' in default untii su yment shall have been made. ~
This note ma}~ be prepaid, in whole or ' part, bef
ore maturity, u payment to the Association of a prepay-
ment enalt m the amount o o o the amount prepaid.
p v ' f f
All persons now ar hereafter b ing parties hereto severally tnaiv marad, notice of non-payment and
protest, and agree that in the t any indebtedness due hereunder remai unpaid for a period of thirty (30)
days, the whole of said indebte ss shali thereupon, nt the option of the ho this note, become immediately
due and payable; and if this te becomes in default and ia placed in the hands o attorney for collection, said
persons agree to pay reaa ble attorney'a fees for making such coilection.
(SBAL) `
(SEAL)
and shall periortn, comply with and abide by each and every the stipulations, agreements, conditions and cov-
enants of said promissory note and of this deed, then this deed and the estate hereby created shall cease and
be null and void.
AND the Mortgagor dces hereby covenant and agree: <
i
1. To Da~ all and ~in~nlar the principal and interest and other sums of moner Payable by virtne of aald yromlesory note and tbt~
mort~ase, or e1Wer. yromptl~ on the dsy~ respectf~el~. the ume se~eraliy come dne. ~
To par all and singulu the tazes, asseoments, leviea, ilabilitles, oblisatlons snd incumbrances of every natnre on uid ;
de~erlbed pwpert~ on thi~ moKgase or note, or in any wa~ resultlns trom the indebtedaes~ ~ecured bY this mort6ase, eac6 sad
everr when due and pa~abie accordin8 to law, betore tLer become AellnQueot, and i[ the ssme shall not be Dromptiy pald ths
Aiaoclatlon ma~ ~t an~ tlme elther before or stter dellnQueneP DsY the pme without walvin6 or s[[ecting the oDtfon to foreclo~e.
or ~ar rltAt hereunder, and everr payment so made ~Daii Decome part ot the Indebtednes~ secured br trb mortSase, and ~hail
bear Int~re~t trom the Aate of pay~nent thereot at tbe rate pro~lded In the promluor~ note ~ecured hereb~: and ever~ paym'ent
so made, and fntenst thereon, s6ail be repald br tde mortsasor to the Associatlon ia such manner as the Assocfatlon shall reQUira
The mort~asor [urther asreei to deliver to ssid Asaoclatlon, on or betore 1[arch iSth ot each year. taz recefp ts evidencfng the
pa7ment of all l~wfulir Imposed taxes tor the Drecedin` ealenAsr yeer snd to delirer to ~ald Awoci~tlon, recelpts evidenelns the •
parment ot all llen~ tor yubllc lmprovements within nlaet~(!0) daYS atter t6e same shall become due ~nd pa7able.
BGOK PACE OJO
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