HomeMy WebLinkAbout1071 • 't ~ ; ` i . ~ ' i
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TO HAVE AN~ TO HOL~ the ~me, tc~qether with the tenements, hereditaments a~d appunenanoes, uenro ths
Mortgagee, in fee simpl~.
AND the Mort~agor does he~eby oovenanl with the Mortga~ee that he is Indefeasibly sei:ed of said land in fee simple,
that he has futl powe~ and lawful rpht ro oonvey said Iar~d in fee simple as aforesaid; that it shall be lawful for ths
AAortgagee at ali times peaoeably and qvietly ro e+nter upon, hold, oaupy and enjoy sald land; thst said Iand is froe
from atl iixumbranoes; thst hs will make such further auuroncas to protect the fee simple title to said land in the
Mortgaqee ~ may reasonably be required; that he does hereby fully warrant the title to said larx! and will defend fhe
same against the lawful claims of all persons whomsoever,
PROVIDE~, ALWAYS, that if the Mortgagor shail pay unto the Mortgagee the certain promissory note of which the
following in words and figuros is a true copy, to-wit:
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF.
COMMUNlTY FEpERAL SAVINGS AND LOAN ASSOCIATION OF RIYIERA dEACH
~IIr#$M~P ~D#P
RiviEw? e~?u+, aoR~w~ March , i973
deinp indebtsd, v~lw rrceiwd. Nr w~denipn~d joiroy snd sever~ly promiw ro psy to COMM FEDERAL SAVINCS ANO
IOAN ASSOCIATION OF R 6EACH at ils ofiics in ~lie Gryr of RiviN~ Beacl~, fbrid~, a order, th~ sww of
a ~
ro9.~1~.. w~th irqc~. the?~on ss I+e.. ,rmd in monrhl~? in~~alM.MS of
COLLARS l~ ~ Th~ f'rst iiut~llmeM shall be pay~We on the
~+Y ~ 1 and sul+aeqiwm Lut~limcros b~ dw snd paYabk on ~he
d,y oi esd~ and wery uknd~? month theresfter um pr'w~Bpil and interat ar~ p~id.
L~rper swru m~y b~ paid at any time, bu~ tFr / of ~ny :uch swns in ddition ro t!» payments harsin requKed ~h+N
not relieve tl+~ n~k~rs of the p~ymem of the monthly instal herein pr ' fw. unkss if is spscifiully stipulat~d by tlw m+k~rs n t!w
r~me of payn~ent that svch tar9er wms are to be appl~ed ro the vanu nt of tAi monthly-irot~llments rwxt matu?iny in the order of
the'w due daNS. AI~ payments nn~ upon this note sMtl 6e appl' i to the paynret of scvued interat and seoondly ~pa~ tl+e prmcip~l.
This oblgstion sFwll bea? interest fran dat~ at t!r at~ .
W? wn~ (
per uu+um umil tl+t prinap~l and interest ar~ fvll~? p~id. -
Interest for each akndar month shall be the fint day of month ~nd be compufed on the u~np~id ba4na of prindpal
a+~d +nrerest exatirg on the last day of th~ p~eced'u~ th. ?his oote sh~ll be ;dered in defauh whe~ any p~ymant nquind b be
n++de hereunder sh~ll ra1 h~w bc+~ m+d~ withie days followiny irs due da sha0 ~~main in defauh until ssid paym~m sMp
h+ve bec~+ msde_ Whil~ in defwN, th~s rate a x interest ~t the r~te of iOX, ie~ !iw of the n» haeu~b~fore specifid.
All mske~s and endorsen now or aher 6ecominp puties he~ro jointly ~nd st w~ive dsr~and, nor~a of ian-~ymcrn and
p.orest, and ay~et thaf in the svent of h in rhe paymenr of ~ny insralt,ncnt due h~re wFwl~ of s~id indebredncu shall there-
vpon ar the option of the holder, inrned;ately dus aed payable, and if th~s note in d~fwlt and is pl~ced in +ir hands
of an ~norney for colkaion, to pay ~ttaneys iees and sll ortrr eosts fw makieg wrh ool
Thit nws msy M pr '~n wlale or in part at arryr time withovt pe+whr.
- (.5EA11
.~(,SEI?l)
~SFAq
p~~d b7? • morWape of even dau exec~ted bp the m~keR in favor of Conununitp Federal S~vinp"t and lwn Asu~. of Riviera ee
and shall promptly perform, comply with, and abide by each and every the stipulations, agreeme~ts, co~ditions, and
covenants of said promissory note and of this deed, then the estate hereby ueated shall ce~se and be null and void.
AND the Morigagor does hereby covenant and agree:
1. 1o psp all and sinpul~? th~ W~nc+Wl and iM~rpt and otMr sums d ewntY WI+a~ bY v~rhie of s~id panistpy noM snd this mwfq~9e, or ~i1Mr. P?~P~~Y
on IM 4ps rMpactively, Nr srne sMrdlp cwr du~.
? to Wr all and s~nq~y~ ~he ~saes. nsessments, lev.es, liab.l~r~ts, obliqatiom and .ncumbrsnces of rvery r.~nwe on sa~o oeunbed W~h ~acl~ snd every
~+^d Wr+~e ~ccad~nq ~ro I~w. beforc M~ey 6ecwne drhnquen?. rhe yrne s1,~I1 not be wumprlY M~d ?he Mwfyaqee may ar ~ny time ei~her befwe
or a/ter deLnpirencr wr ~he same w~~hout wa~v~nq a alfecne~q tAe eptian to faedose, w ae.r ~gMt M1erevnde~, and everv WYment so rn~de slyll besr iroe~qr froen
rtie dare rhereol at Me r~te povrded ~n sa~d prom:ssar ~ae.
To k„p Ih~ ~;Id'inqs ~nd ~II p~rip.n~nt a~d pKSOMI properfy n~w ot hae+f~er on said pem:ses, covred b~r ~his wwrtgpt, i~~d in a wiw tl Is~st ~
eqwl w the ww+id b~ranc~ of Mis inorty~~, includnq fu~, eatevded cov~rp~ ~nd vaed~l:~m ard mrlic:an insw+nce ss w pop~rties oMwr N+~n dwdlinys and
fire, utended catirp~ and special iwm od~ prib iiu~w~nca on dwellinys eligbb fo~ wch broidened cover=.~t - Ororided. lwwtv~r, fh~t wd~ insuranu b~ in O
~na~nt wfl~ci~nr ro c«eoM with arnr co-~row+nc~ ~puiranenb coverirq s+ine w~der rM I~ws of Mie ;~~N of Ffwida, and provided furtlwr tMt the vdiq• or Polides ~
sAsll b~ wrin~n in • comp~ny a can~n:es wd th?ar~ ~n ~r sa~~sfactory to dr Nbrr9sq~e and Mn s+id vdia~r a polic:~s sh~N b~ held b~r th~ Mor~9pM ~
and ~h+ll bw ~ sundrd tMw York Mor~qp~~ C4w~ witAo+n caotribur:on, nrtuq ~M bss unda f+id adic:es pMabM to Me Morrp~p~~ as ik iM~r~st mM spptar:
41d III f~1/ ~Yplf ~Ily fi/1~1 O~ 1110Mr blCOAlf! p1ya~ lNId1/ ~IFy ~~1t~/ ~i[y 0I pOIKi!!r 1~1! MO/I9iQ/1 f~U~~ ~y1h 1~y OP}iql b/KNN Mld ~r ~N tMM Of1
aao~w~t oi tM ind~bNdness hsr~by wcu?~d, or w O~rwr~ M+~ Mor?q~por b reaiw and us~ it, or +M vM tAaeof, for oNrr purpos~s, withoul tMr~bp w~iviq ~
a? Mw+upw +~w ~M. w ri¢u w~ and b~r vwtu~ of Mw nwrt9+y~: ~nd :n ~ ev~nr t1r A1wrq~qor dors nor ca~npTp wiih ~h:~ corw+ru, qr JMorp~pM
~+w oM~~ rrd phr fw wd~ insw+nn, w rw wA 11Nr~of, wiMwur w~iviny w~ff~c+ino ~ oM~on to ~o?~clw~, a rnp riyM he~aw~det ~nd the frll arnaN of ad~ ~
ane ~1/ suel~ p~rnwN sh~ll b~ iw~d'i+leh du~ ~nd pqrabM and shaN beM inruet~ fran the da~e thaeof urNil p~id N the rare poviQed in s~id noN rd fo~
wiA wcl~ i~a~aes~ shNl 6~ s~an~e br 11r 4~n oi tlrt wwrt~y~.
1. iMf IMrl~p~~ Mf. ~t ~ 1i~~ dwiM tl~ ~arf~eM t~w, ewd iw ib di~Nie~, e~l~r fN r~ d w~r~ ~~p p~ ~ Q
~~M ~d~ni~w~ ow ~.rw daN Inr~,riN~, pq~ N» p~~~iwa dw br rw~ow fM?~ei, ewd r~qvir~ r~pe~rwM~ b'p Ny w~~~ ~1
wcb e~ev~ es w~ eA?owc~d bp +oid wwpo~~. Iw Nv ~.~wr OF IOiIYf~ bp tl» owdMSi~d ~o ~~oop wid ewow~h ~o wid iwrtip~~, wd bilw~ ~MM
b~ tow~id~r~d e A~iorN, e~J ell awi~aws ef M» woN ewA wwpo0~ wAh r~omd we dda~rN ~IaM ~ ppliieW~. -
S. Te w?ww?, ceerw~~ w wH~r ns w.sN. «eairwriw « dM~rie.aiaw eR wiA wovMM, o. Mw wM d+.r.ef. «,d uoow N» bi1w~ d rM wert9~0e? N k~p M»
bwldinp on w:d aa~f iw 9oee cewd~:ow d nw"+. Mr Mort~y~ w~r d~wrnd th~ iiwwwdM~ rpr. d~a:d bwld.np~, a~n invww in Aw rwarM ef Ncurih, a
, Mr iwrw~N ~sphrwMr ef Aw d~A~ IrnM wa»~d M/ ~M I~ilrr~ ef th~ Mort~pr w cow~pty wirA N:d d«wr~d d rM lMatM~t hr • Mri~d ~f tAirM (7~1
d.ri. .++~M coe..~w+. . a..c1~ e~ Mw. .wp.,.. .ws. n M. ep:ow er iA. Msnp.~.. iwM,.d~.kh ~.~a,.. ~M «w:r. .e~arr ef a~ndod .na ~Nr~ _
t~cwed, r`Q i~n~.edi~plr ~nd ~?iM~aR notiw. Mw MrrMM~ wyy iwN:wM MocMd~^Yr M fa~clw~ Mur wwr?yq~ ~nd p~ly fa rM ~voo+~~T+.~t d• Rrc~~
Fw~~n~/~e~ pov~~led.
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