HomeMy WebLinkAbout2111 . , ~ , ~ J . ~
N ,
• 1 f f
. ~ ~
TO HAVE AND TO NOLD the same, togethe~ with the teneme~ts, hereditaments and appurtenances, unto the ~i
Mortgagete, in fee simple.
AND the Mortgagor doea hereby covenant with the Mortgagee that he is indefeasibly seized of said land i~ fee simple,
that he has full power and lawful right to convey said land in fee simple as aforesaid; that it shall ba lawful for the ~
Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is free
from all incumbrances; that he will make suth furthe~ ass~rances to p~otect the fee simple title to said land in the t
Mortgagee as may reasonably be required; that he does hereby fully warrant th~ title to said la~d and will defend the
same against the lawful claims of all persons whomsoeve~.
PROVI~E~, ALWAYS, that if the Mortgagor shall pay unto the Mortgagee the ce~tain promissory note of whith the 3
3
following in words and figures is a irue copy, to-wit:
~
~ COAAMUNITY FEOERAt SAVINGS AND tOAN ASSOCIATtON OF RIVIERA BEACH
~IIx#~M$P ~D#p
i
( RIVIERA BEACH, fIORIDA September ~ , 19 72.
~ leay indebted. fw valve received. ths vndengeud ioinHy snd severally promise ~o p+y to COMMUNITY FfOERAI SAVINGS AND ;
` IOAN ASSOGIATION OF RIVIERA BEACH ~t its offioe in the C~ty of Riviaa Beach, Fbrida, a o~der, th~ wm of ~ENTY-FIVE ~
--oowRS cs 25 000.00 ~ ~
! THOUSAND AND NO/100-------------------------------- . ~
~ wye+her w~~h inter~~ tMrcon +s herein~frn srated ~n mon*hly ie~*dlnwro~ of One Hundred Seventy-Three and {
~ 52/100-------~?~ ~ 173. 52 1• T1+e fint irotallment sh+l~ be dw and psy~bk on the tenth ~
~
~ d~y of January 19 73 and subsequcr?t ins~dlments sh~ll be due snd p+yabk on the tenth
! d~y oi each and every caknda~ month there~her until th~ pri~cip+l and interest ~n fully paid.
i t~rgc? suan may be pald af ~ny time, but tF+e payment of •ny such Isrge? swres in sddition to th~ p+yments hercin required sh+ll !
not .eli~ve the maken of the payment of the mon~hly installments hcre~n pov~ded fw, unku it is specifically at~pul~ted by tF+e m+kers +f the
r~me of psymcnt that s~ch ~ar9er sums are to Ne +pplied ta the advance payment of the monthly instsllments n~xt maturing in tFK o?dtr of
j ~heir due datcs. All payments made upon ?his note shall be applied fint ro the payrn~nt of ~cvued interest u+d :econdly vpon tl+e princips~.
This obl~y~tion shall be~r interest from dste at tFe rste of S1X & eight-tenths PK 6. 8 x~
~ per annum u~til the prieuipal ~nd iMeraf ~re fulty paid.
i
Inrerest fw each ukndar mon?h shall be accrvcd on the first day of s+id month ~nd be computed on the unpaid balance of principsl ~
i and intcrest existing on the last dey of the prcccding month. This note shafl be considercd in defaul~ whcn any p~ymeM req~?ired to be ~
' made hereunder shall not h~ve been made within thirty d~ys folbwiny its due date and shaU rtmain in default vMil s~id p~yment sh~d . ~
have been made. Whil~ ia def~uN, th~s note shall bear interest at the rN~ of lOX P~? ~nn~m ~MU of the rate I+tr~inbtfwc specifi~d_
All maken artd endorsen rww or hereafter becomin~ puti~c hercto jointty and severslly w~ive denand, notice of ~o~-paYmem ~+d
. prolesl, and a9ree that in the event of default in the payment of any installmtnt due htreunder the whok of said indebtedneu shall there- p
upon ar the option of the holder, become immediately due and payabk, u~d if th7s note becomes in def~vlr u~d K pl~ced in tl,e iunds ~
~ of an anorney fw colkction, 1o pay rcuon~bk ~ttorney's fees snd all o~Mr cosn for makiny avch collcction. !
~
j This note may be prep~id in whok or in part at any time without penahp. ~ , '
~ ~ R R7'~ ~ i
~4
~ S
f_g tc~E1~ 1A~At (s~?u R
f
~ R
~ ~ ~~-'"~~_~i': t~ i:~?:' 3
~ ' r ` Mi~#A~fti~t u~= ~ . csEwu
;
i I i~ W7~11~1 Clt 11~xt- ~
~ I _~-_~~._~7 ~_S~Qw -------___..,.(5~?U ~
' BETTY J . GOW ~
i
i(This note b secvred by • mort9ape of even date exec~ted by fhe maker~ in £avar of Commv~ity Fedtral Saving's ~nd Loan Asm_ of Rivier~ seach) ~
~
, f
and shall promptly perform, comply with, arxl abide by each and every ihe 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 dces hereby covenant and agree:
1. io ps~ ~M and sinyulu the pinc:pal ~nd inmes~ ud otMa swns of money par+We bp v'vt~e oi said prorn~ssory rate snd this morty~~, a eitFrr, pranptly ~
w~ tM d~rs ~~sp~ctiveN, th~ sane srvMally coaw dw. ~
1 io paY all and sinqulx ~he f~aes, assefamenb, lev~es. LabA~nes, obLgat~ons and ~ncum6rances of ~re~y narure o.~ saw aescnbed qope~~y exA and every {
~~hen due and payaEle xcad~nq ~o Isw, befwe ~heY ~o^+~ del~nquen~. and rAe same shall npr be p.ompHy pa~d rhe Moregiqee may at any rime e~tlKr befae
atte~ deLnquencr v+Y ~he ssme w~~!,out wa~w~ or aiiecnnq the opnon to fwedose, w mv r~qM he~ev~r. and e~erY paymmt so made sball bea~ ~n+eresf hom
•he da•e thereo( a~ ~At rate wov~ded ~n sa~d pom~sswy no~e -
~
3. To kep the bvild~ngs and all ep~ipment and penonsl poperry now d ~eresiter on ssid p~emises. core~ed by this mertgag~, inwred in • swn at kast ~
eqwl fo th~ unpaid bal~nc~ of this mortyaq~, includ~rg fir~, eatended coversqe ~nd vsndalism ~nd m~lic~ovs ~nswince as ro pope~ties otMi H++~ dwelti~, and ~
~
~ f~re, e¦tended covaag~ and apecial form other pNils inswu~c~ on dwellings eligible for such brwdened covn_~e - prov~dcd, howwer, thsf such insw~nc~ b~ in
smaN+t svi(icia~t ro comply with snY co-irowanc~ rpuir~rnents coveri~q same w~der M» laws of the ~taa of ilorida. ~nd prwided 1wrMr that the poliay a policias ~
~ ~MII be writt~n in a cornp~~Y a conw+^~K +^d thr«~gh +qe"~y s+~isfsctay to fM Morrgayie +~d tl»t u~d policy a policies shall b~ he{d bp eM Mortps9ee ~ ~
and sh~ll bw •~tsMfard New YorR Mwtpsqee Cla~s~ withovr contribvrion, makirp the lou w+der fi~d pOIKilf plysbl! f0 tI1! Morty~qlf ~f ih intant may appex; ~
and in eh~ ~vent sny w~n of moirr becwnes p~~r+bM u~d~? ~nr such policy w po~ie:es, ehe Mon9+9ee sMll Mve ~ op~ioe~ w rec~~w ~nd apply tM sam~ on
~a acto~nt ol /M i~debt~dness hereby secw~d. or to pennit tM Mwtqsyw to rtteiw and uu it, p sMr part N_weo/, }w othe~ purpoaes, witiw~l fAer~by wsivinp ~
~ A+ u w*o+~rirq ~nr eqvi~y, lien, or rgM undr ~nd bY virnn of thia mwtyaqe; a~d ~n ~he event t1+e Mw~y~qor does nor comply w~tl+ th~t covenu~f, Nw Morty~ge~
~ may pl~c~ ~nd psy fw wch imwr+cR, o~ ~nr W?~ Mereof, wi~ho~t w~~v:nq w~ff~uiny tM oo~~a+ ro f«~cbu. or wyr riyhf hereunder and tAe /ull rew~w~t of eadi ~ i
snA evwY s~ch parenent sfiall b~ immdiaeely dw ~nd pay~bb ~nd shdl bear inferest from ~Ae d~te rhtreof ~ntil p~:d ihe ra?e p~widtd in ssid not~ and togefhe? Q ~
wit6 su~A inle~est sMtl b~ ~eawta by fM 1~ oi this nwrty~g~. ~ $
,
e~ ~ '
4. TAe/ wert~eoN, woy, a~ wyr fiM drrinq fl» ~oAqo~ Mw, osd in iM discr~tion, aPV~p (w r~uNrd of sortY~ Y~~b iws~rowc~ cewriwo tlw O s
m swtoe~ ~:~tW~d br 11» vnd~rsqn~d on ~wn dot~ 1~erwrifh, pap fh~ premiuna dw bp rwwn ~Mr~o(, oed rp~ir~ reporNwt bp fb~ owd~rai0n~d ei A)
~ ~uch o~ounls w or~ od.oec•d br wid wa~fyo~e~. In 1M e~eet o! loilvre br tl+~ ~ed~raipn~d w r~poy soid owwuni~ b wid ~wrqo~~, ~uch loilvr~ ~holl
~ '
b~ toe~id~r~d o d~fo~N, ond dl proris3ons ol /M nob and wwnyoy~ with repord ro d~(ovlt sAoll M opp~icoW~. O~ J,
F-+ , °A
~ S. To paenit, conrru~ a suH~s no w~st~, impainnent a derer:watiw+ of u~d Prop~~ry, w aer pi.t Merwf, and upon Me ia~Iw~ of ~M mwtp~qor ~o k~ep Nw :
~ b~ildinps on s~id popnty in pood conditian of r tM Motty~pe~ nrY d«rr~d tM immediaN rpsir of s~id !"~inys, or an inu~~ in tl+~ ~nw~wH of ~ecwily, or
tM imn~di~» rpaym~nt of th~ d~bt hercbp ~~nd tM ~~ilur~ of tM J~Aorty~pa M~~wh w~th s~~d ~ nd d dr Mwty~q~e fa • p~riod o1 thirtp {3C) ;
daY~, sMll consti!un • breuh of thi~ mw~yaqe. . N tlr option of Nw Mwtysp~e. im~n~di~t~ly enNwe 1n~ ~nt:n unamt of pincipal ~nd intKeat henb~r
sec~red, and ;~*.~-ei~arslr ~nd wlt~oul notie~, tM Mwip~~ mnr imtihM poe~edinqs ~o fa~clos~ this mortg~qa u~d applr fa tM •ppo~nfr.,enr oI ~ Rece~~v,
; . ~h. r r.. _
t'~:~'
~.;u:a ~5`x'~,~~ ~:'y - ~ ..!n
k
~"q~" "~~y 'a-'%+' ~
e~r,:x'.':.''