HomeMy WebLinkAbout2344 TO HAVE AND TO HOI~ the same, together with the tenements, hereditaments and appurtenances, u~to tfie
Mortgegee, in fee simple.
AND the Mortgagor does hereby oovenant with the Mortgagec that he is indefeasibly seized of said land in fee simple,
that he has full power and lawful right to oonvey said land in fee simple as aforesaid; that it shall be lawful for the
Mortgagee at all times peaceably and quietly to enter upon, hold, «cupy and enjoy said land; that said land is free
from all intumbrances; that he will make such furthe~ assurances to p~otett the fee simple title to said land in the
Mortgagee as may reasonably be ~equi~ed; that he does hereby fully warrant the title to said land and will defend the
same agaSnst the lawfu) claims of all persons whomsoever.
PROVIDED, ALWAYS, that if the Mortgagor shatl pay unto the Mortgagee the certain promissory note of which the
following in words and figures is a true copy, to-wit;
~
COMMUNITY FEDERAL SAVINC~S AND LOAN ASSOCIATION OF RIVIERA BEACH
~IIxf~M$Q ~IIfe
~
i RIVIERA BEACH, flOR10A May~~ ~9 ~72 ~
i -
6einp indebted. (w wlw rec~ived. th~ undcnigned ~o;nfty ~nd seve~~lly promia~ to p~y ~o COlNMUNITY FEDERAL SAVINGS /lN0
IOAN ASSOCIATlON Of RIVIERA bEACH ~t ib of(7ce in tht City of Riviera B~ach, Fiwid~, o? wds~, the sum of TWENTY~ONE
THOUSAND FOUR HUNDRED AND NO/100--------------------oo~wes cs 21, 4Q0. 00 1
! ro9ether w~tA Mte.cit tAereon a hve'~?sirer sut«! in r~onthy ~nst~llmaiti of OIl@ Hundred Fifty-Four and
; IIO~1~0-------DOtWtS (i 154 . 7he f'u~t monthly irnullment shall be dw and p~yable on tM tenth
j day of September ~9 ~ 2, .~?a ;~,.~~~,n ~,.a e. a~ ~,a P.,,.~. on ~n~ tenth
~
; daY of exh snd every cakndar momh the~eafrer unf;t the princ;pal and Fnterest ue fully pad.
~ I.~rgcr sums may be paid at any time. but the psyment of any such lar~cr suma in addition to the p~ymenp here'~n r~quirsd sh~ll
I not rtlieve the msksrs of the payment of rAe monthly installments here~n provided fw, unless it is speciiically stipulated by th~ m~kan ~f tM
( t~me of p~yment tMt such luge~ s~n+n ~re to b~ applied to the sdvanc~ payment of the monthly installmeafs next matwinp in th~ wdN of
j then due dates. All p~ymeob mad~ upon thu note sAall bs applied f'wst ro-th~ psyment of ~ccrued ieterest ~nd secondly upoe? the pr'~I.
This obliyation sha!! bea- intaeat from date ~t the rate of seven bc tWO~ Pn ~enf ( ~ 20 pe? a~rnNn
until N~e principal and inte~~st are lully paid. t@lltl'1S -
i Intercst for each calerdar month sFwl! be sccrved on fhe first day of said mo~th and be computed on the u~paid balance of p~incipa{
and interest existi~g on the last day of the preceding month. This note shall be considered in defaulf when sny payment reqvired to be
~ made he:eunder shall not have been msde wirhin thirty daya folbwing its due date and shall remain in defauh until said psyment shall
~ have been made_ Whik in defa~lt, this note shall bear interest at the rate of 10% per annum in liev of the rate hereinbefae specified.
~ All makers and endoners now p hereafter becoming parY~es FKreto 'pintly and xve~ally wsive demand, ratice of no~-payment ~nd
proteat, s~+d ~gree ~Mt in the ~vent of de(a~lt in the p~yment of ~ny installment dve hereunder the whok of sa~d i~debtedness sha0 there-
vpon at the option of the holder, become immediately due ~nd payabk, a~d if ~his note becomes in defavlt and is pl~ced in tl+e hu~ds
~ of an anorney fw cotkction, to p~y reasan~bk ~ttorney's fees and •11 o~her cosn for m~king such collecrion.
This note may be prepaid at any time. ~
Sj.__Mabel_ M. Schliimne___._-__--__~___t~~u
~ MABEL M . SCHLIMNiE
- - -----------------------csEwu
-------cs~w
------------__cs~,?t)
(This note is secwed by s mortgage of eren da?e ezecuted by the makera in favor of Comm~nity Federal Savings and lo~n Asx?, of RivGera Besch)
and shalf promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and
covenants of said promiswry note and of this deed, then the estate hereby created sF~alf cease and be null and void.
AND the Morsgagor does hereby covenant a~d agree:
To wy all and s~nyulr ~h~ pinc~p~l ~nd inte~est ~nd oMw swm o( money pay+bte pr virt~w o/ said prom~ssory noee and rhi: mwty~y~, or tithp, pompy~•
on /M dqrs rtyp~ctivehr. ~he aame s~vw~llp conr dut.
l. To paY all ~nd s~ngufu tAe t~aes. assessmenrs. IevKS. I~~p.l~rres, obl.gat~ons and .ncwnbran[es oi r.rery narure on sa~o oexnbed Properly exA anA every
..Ren due ~nd pavaEle xcad~ng ~o law. 6e(we ~her become deLnq„enr, and i1 ~he same iAatl no~ be wompNr o+~d ~he Morrqsgee mar ar any r~me e~rher bc/we
r atu. del,nque~cr par ~~+e same w~Mio~f wa~vlnq w•ff~c~~nq U~e ephon ro loreclou. a anr ngAt h~rev~der. and eve.r Pavmen~ so made ylyfl bea• lnreresr Irom
r~e da~e rh~reol at ~he rare pro.~ded ~n said pom~ssaY .w~e.
3. To kep the b~ild:~ps ~nd a1I puipnent ~nd penpyl properfy now p Aerea(ter an said pem:ses, covered by fhis mwtqy~, inswtd in a swn ~t least
eqwl fo Mt unp~:d b~l~~ of Mis mwtyaye, inclwl~rg /i~~, ea~ended coverage snd rsnd~lis~n and maficiovs :nswance as to poperties o~Mer Myn dwellirqs. ~nd
N~'~ f~re, e~tended coveraye ~nd ~peci~l /orm other pwils imu~~nc~ an dwellinqs tligble fw sucA brosdened cover_~e - prwiQeA. fww~rer, that s~th irou~anc~ 6~ i~
~t imo~nt svlf:ci~n~ ro conpy with any co-insuranu rp~ireinany coverirg s~mt und~r N~e I~wr of the ,t~t~ of Flwida, and provided furrl~ tiwt the policy p policip
~ ~tl be wr~n~n in • comp~oy w c«npanies and thro~rqh ~n ~qency ~atisfauory to Me Monqsqe~ and ~Mt sa7d policy or polic;ea slyll b~ held by t!N Murtyy~ee
•nd sh~tl b~r s staidsrd New Yak Mpty~g~t Clws~ wifhovt conf~ibvrion, m~kirg e1~e toas w~Aer saia polxip psY+bl~ ro the Morty~pe~ aa ih iMe~est miy ~ppeK:
and in tM ~vent any swn o1 moner betomea p~y~bM ur~r ~nY s~xh pol~cy w po~7ci~s. Nro Mer~9a~ee slull Mve tM option ro nceiv~ ~nd ~pply th~ s~m~ p~
accwin~ of ~he ind~Eudness her~by s~cw~d, a to p~rmil ~M Mor~yaqw fo rcceiw r+d vse it, w~ny parl Mneof, for orAer P~DOSe~, withw~ Merebr w~iverg
~ «~r++P+%~~^4 +^Y ~~h, lien, w riqht u~da~ and by virtw of M~ia ~norlpWt: u~d :n fhe event tAe 1Nortq~ya does not carply with th:s covan~nl, 1h~ Mwtq~ge~
~+~+r d«• ~nd piy for wd~ irnur,snce, a anY P+h M+ereol, wiN~out waivin9 a~ aff~ctieg tA~ optiw~ to iw~cloN, p ~ny riflht Aerew~der ~nd the }~II ~mawN o( each
+~Q rwy s'~c1' Wy"nM stwll b~ i^r~rdi+t~lp ~+w a~d Dwa61e and sh~ll ber inferest iran the ds~e ths~eof un~il yaid at the rate povided :n said noN ~nd foge~
~ witA sutA inferesf tlyll b~ y~cur~p py ~ IHn pt p~is Twty~y~-
s 4. TIw/ werqp~~. of awy fiw~ dvrw~q fM ewrfqe~ Nnw, oed in its d'ncr~?aw, applr la r~wwd of ~wtYo~ Yvorewlr iwwraea cowri~ 1M
pp ~.o.+yo~. uc.cw.d br H» vnd~raipe~d an ~~~n doN Aer~wriM, pop tbe pre+wi~nn dw bY r~ofow tl?~r~pf, and rpui~~ repopw~wl bp fA~ ~wd~~siyw~d p~
srtA o~ounb w ore od~onced br wid ino.tyope~. In tM e.en1 oF foilur~ bp IM vnd~nipn~d b r~pop wid owavnM 1o wid wwtyaqN. ~uc~ foil~r~ sAoll
b~ comid~r~d o d~(arh, ond oll provisions o1 tbe noh and nwr~yo~~ .riM reyard ~o d~lorlt shoN b~ opplicobl~.
3. To pHmit, camm~t a suff~r no w~aq, imp~inr~nt w deN.:w~fion a/ uid Prop~rry. w nryr pa~t iMr~oi. and ~r~wn N» fs~lw~ of tM mafyqor Io k~ep MN
bvildinp~ on ~aid pap~ty in qood ~p~d,tion of ~~pair, Nr Morty~yN n~r dNn~~d IM inrnediaN rep~ir o~ s~~d b~~ldinqs, a~n incre~u in 1M ainp~nt of stcuri~y, a
?M i~r~wd~~» rep~yment oI th~ d~M i~ereby ~KUr~d ~nd th~ Iaihrr~ of Nr Mw~q~por to comply w]M uid d~nd of th~ Mor~ppK i« ~ pa;~ pf ~;ny (3p1
daY~, sha11 corxntva • bexh o1 this mwt9+9~, snd. ~r tM oW:on of Nw Morr9+9M, i~,.nefi.it~ty nutw~ ~M entir~ wnarm d pr:ncip~l ~nd inr~r~s? h~reby
~ecu~ed. ~nd ~~n~.e~~~tsly ~nd w~Nau1 ~+otic~, th~ AILprIp~qN nyr insfilvN proc~edinqs ro(p~c{os~ th~s mort9aya snd applr fp? M~ ~ppuini~„~ni o1 a R~ce~vrr.
F~r~ -}1~~~ .
~
. , ' ? .a~~
T
~ ~
~~.r°ti ' ~ k ~„c- r'•- ~ ,~ys:~
~'~~~v.,~3i~a~~~~~~'`r' _ ~:.~~v`,~~~au