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TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and appurtenances, unro tfie
Mortgag~e, in fee simple.
AND the Mortgagor daes hereby covena~t with the Mortgagee that he is indefeasibly seized of said land in fee simpte,
that he has full power and lawfu) right to convey said land in fee simple as aforesaid; that it shall be lawful for the
Mortgagee at all times peaceably and quietly to ente~ upon, hold, occupy and enjoy said land; that said land is free
from all incumbrances; that he will make such further assurances to protett the fee simple title to said land in the
Mortgagee as may reasonably be requi~ed; that he does hereby fully warrant the title to said land and will defend the
same against the lawful claims of all persons whomsceve~.
PROVIDED, AIWAYS, that if the Mortgagor shall pay unto the Mortgagee the certain p~omissory note of which the
following in words and figures is a true copy, to-wit:
COMMUNITY FEOERAI SAVINGS AND tOAN ASSOCIATION OF RIYIERA BEACN
~~nr#~tt~e ~p#P
~ RIVIERA BEACH, FIOItIDA SePtgjtl~gY' I~ ,~0 72.
~ 8ein~ indebted, iw v~lue received, th~ undenpned 'pintly and sererally prom~se to pay 1o COMMUNITY FEDERAL SAVINGS ANO
~ IOAN ASSpC1AilON OF RIVIERA BEACH at iri office in the Gty of Rt~?ie?a Beach, Flot~da! w.order~ Ihe ~um of NINETEEN
; THOUSAND AND NO/100--------------------~------------oowucsts 19,000.00 )
~ . .
~ .~~n~. W~~h herein~fler ~~.«a ~«+~+h ~+•~u~.m. ~ One Hundred Thirty-Six and
i 73/100-------ooiwas e: 136.73 1. 'The~fint inst~ltment sh~ll b~ dw sn~ p~?~iabk on the tenth
~ d~y of October 19 72 and s~bsequent installments sMll be dw and payabk on the tenth
' d~y of each and every ukndar month the~ea6er until tht principal and intcrest ~re fully paid.
: l~rger sums may be paid at any time, but the payment of any s~ch larger sums in sdditioe~ to tFN paymcnts herein required sMll
' ~ot relieve the makers of the payment of tFx monthly instsllmt~ts herein provided fw, unless it is specificatly ~tipulated by the rtuktrs st the
~ rtme of payment that such larger sums are to be appl~ed to the advance psyment of the monthly installments next maturing in the wder of
i fhe~r due dates- AII payments made upon th~s note shsll be ~pplied fint to the payment of ~ccrued interest and secondly upon 1he princip~~•
~ This obligstion shall bear interes~ from date at the r~te of seven & tW0-tenths par c~nt ( 7.
r per annum w?tit the principal snd interest ue fully paid.
` Inrorest for esch cakndar month shall be sccrucd on the first day of said momh and be computed on the unpaid bala of pinup+l
and interest existing on the Isst day of the preceding month. This note shall be considercd in default whe~ •ny p~yment reqvired to be
j made hereunder shall not have bcen msde within 1hiAy days folbwinq its due date and shall rtmsin in def~ult until said p~ymem shall
h~ve bee~ made. Whik in default; th~s note shall bear interest ~t the r~te of lOX p~r annum in lieu of the r~te here~nbefwe specified.
All maken end endorsers now or hereafter becoming puties hereto jointly snd sevenlly wa~ve den+nd, notice of nonp~yment ~nd
~ protest, and ag~ee that i~ the event of default in tlx payrt+ent of sny inst~llment due hereunder the whok of said indebtedneu shall there-
i upon at thc option of the holder, become immediately due and payabk, ux~ if this note becomK in def~ult snd is plsced in tF» h~nds
~ of an attorney for wllect'an, to pay reuonabk aftorney's fees and all other costs for making such collection.
~'I
i This ~ote may be prcpaid in whok w in pan st ~ny time without pen~hy. .
~ ( -S~ --Raymond A..__Hubbard---------------.c~,?u
E I RAYMOND A. HUBBARD
~ - --___cs~?u
i S/_ Jeanette L. Hubbard~__. ~u ,
~ I JEANETTE L.~HUBBARD
~ ~ - (SEAU
'(ihis note a secvred by • mortgage of even date executed by the makern irt iaver of Comnwnity Feder~l $avingi end Lwn Asu?. of Rivier~ BeKh?
and shall 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 creased shall cease an~ be null and void.
AND the Mor~gagor dces hereby covenant and agree:
1. To wr ~n +^d sinq~l+r tM pincipal ~nd imerpt and o~her s~ms of mon~y p+r+bte by vinue of u~d prom~ssary note and this morty~y~, w ~iM~er, pramptly
o+~ tM dars respectively, the ume swcrally comt due.
? To paV +^d s~nqulu the taies, assessmen~s, lev~e~, bab~l~~~es, obLqanons and ~M•~T~llf[!1 0l .very narure on sa~o ocunbed popert~ exA and every
~~hen due and payaDte acco~d~nq ~o law, befo.e rhev be~ome dehnquen~. and J rhe same sball no~ tx ~rw++P~~r o~~d rhe INortgagee may ar any nme either befo.e
aher deLna~enc~ pay ~he aame w~rhou~ waw~ng o. a~lec~mq ~he oprion ~o loredose, or anr r~9ht hr.ev~de~. and e+e.v oapr.em so made shall bea. mte~es~ ~rom
a ~'+e daY the~eo~ a+ rhe rare wov~ded ~n sa~d p~om~ssar nore
~c
4,
~ 3 To k the bu~ld7 gaqs, insured in a swe kait
~ ep nfls and all eWipmcnt ~nd persona~ p~operty now q herea(~er on ss~d pem.ses, cove.ed by fn~s mon
eOwl to tl~e unpaid bal~nce of ehis morfgage. ~nclud~ny f~r~. ea~e~ded corer~ge ~nd v~ndal~sm ~nd mal~c~o~s ~nsu.~nce as to Proper~~cs ofl+sr than dwellings. ~nd
~t
~ 1~re, e~tended cove~ag~ snd special (wm other pcrili insuranc~ on dwellings el:qibte iw s~,ch bo~de~ed cove._ ~e - pov~ded, howwer, tMt s~ch imw~nc~ b~ in
smoune su/(icienf ro comply witA u+y co-inswanc~ rp~iremems coverirg same vnde~ M+e Isws o/ ~M ~~at~ of itaid+. and piov~ded fwrher that tAe policy a pol:cip W
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sMll b~ written ~n a comp+ny w companies ~nd tMwyh an ~qency sal~s(+c~wY to tAe Mw+gsyee snd ~lut ssid policy w pol~c~es sAall b~ held Dy th~ Mortqsye~
and sMll bew s sr~ndxd New Yak Mortyayee C4~s~ witAov~ contribution, makirp Ihe loss ~nder ss~d po6cits wYable fo rhe 1Nwtyaqe~ ~s its inlerest may appea?:
and in tM event ~ny wen o1 money becomes pay~bl~ under ~ny svch pol:cy w po'icies, rAe Mwtyaqe~ sMll Aave rM option to rece~v~ and +pply tM sam~ on ~
account of ?M indebtednes~ her~by secwed, a to p~rmit Me Mortqrqa to rective and ~u ~t, « a~ry put thsreo/. Iw o~her purposes, witho~A tMreby w~ivin9
~ w:mpairinq ~~y equ~ry, lien, w right under and by v:rtw of Ihis mwtqs9r, and in the event Ihe Mwtgaqw does not co~np~y with 11~is covenaM, tM Mat~ye~
may plx~ u~d WY for wch insw~nct. a~nv P+r~ therco(, wiM~wi~ w~iviny a aff~ctinq ~M op~~on to foreclou. w~nY nqhf he~e~+nAer ~~d the f~ll ~nwunt of esch
~ anA ev~ry s~ch paYmenl sMll b~ iim~adiateh ~'w w~d p~y~bl~ ard ihall bex intere~t irom tM date rhereo( ~ntil w~d ~he rafe povided in said noN ~nd to9eff~e+
with s~cA i~eerat shsll b~ secwW by tM h~n o( this mwtqaqe. ^
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~ 4. 1Aot ~o~tyopN, wary, at awr tiM d~rinq tM ~wqo~ Nrw, ond in ib d'nc~~lion, applp fw r~n~wol ol ~wrtyay~ 9uaraMr iw~vrowc~ cewri~q 1M
inorlpop~ •s«v~.d br M~ vnd~rspn~d o~ ~v~n dote htr~witA, pop tM pr~/wiv~s du~ br rwwn tMr~of, owd ~~qvir~ repopnwn/ b~r tM ~nd~nipn~d o! ~y,
~uch o~wovnM w or• od•onced by so~d mo.?popee. In tb~ e•ent o1 1oil~re by ~h• rndersiyn~d ro r~pay wid owwvnts ro wid wwrlqopN, ~vch loilv~~ sAoll
b~ consid~r~d o delavlt, ond oll prorisions o( ~h~ eot~ ond nw~fyope w~r6 repord to d~(avlt ~holl b~ opp~KOW~.
5. To p~rmit, commir a avf/~r no wuq, impsirment w d~te~iwnion Of said prop~rty. w~ny D+rt tAsrwf. ~nd upon ~M 1~ilw~ 01 tM mortyapo? lo keep fM
bvild~nqs on uid p~op~rt~ in pood cond~tion of r~pair. 1M Morfyaye~ ~Y d~m~nd IM invned~at~ repair oI s~id b~~ld~nqf, w an incre~s~ in N.~ ~mow~l of ~tcuriry, p
th~ imm~d~~u rep~vm~nt of tl» debt hertby secw~d u~A tM ~silvr~ of eM Mort9apor ro co+roly w~th s~~d deenand of tM Mwtp~~e Ior ~ pNiod oI th~rty (~0)
d~r~, sMll constit~t~ • bre~ch of rhi~ mortp~qe, and. ~t rM option of tM Mwtyaqe~. imer»d~ately msture ~M emin ~~naK~t of pincip~l ~nd i~ten~t her~by
sec~red, s~d ~r+~.~-e~~~rs!y •~d wi~bouf notite, th~ Mortqa~ may inpilvN proe~edinqf to /a~clos~ this matp~p~ ~nd ~pp1Y fq fh• •ppo;n~r-e~+ c1 s Rece:~.er, a~
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