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HomeMy WebLinkAbout2657 ; . • i TO HAYE AND TO HOLD the ~eme, toQether with the tenements, hereditarr?~nt: and appurtenanoes, un1~o the ~ Nb?tga~es, in fae aimple. AND the Mort~agor doet hereby oovenant with the Mortgagee thaf he is indefeaaibly aeized of said Isnd in fes timple, that he haa fuil power and lawful ~ight to oo~vey said lax! in fee simple as afo~esaid; that it shall be lawfvl ~ tha Mortgagee at all times peaoeably and quietly to enter upon, hold, occupy and enjoy taid land; that said Iand is froe from all incumb~ances; that hs will mske :uth further auuranoes to p~otect ths fee simple titlo tp. said tand in the Mortgagee as may reaso~ably be ~equi~ed; that he does hereby fully war~ant the title to said land and will defe~d the same against the lawful claims of ail persons whomsoever. - PROVIDED, ALWAYS, that Ft ihe Mortgago? shall pay unfo the Mortgagee the certain promissory note of which the foilowing in words and figures is a tnie copy, to-wit: COMMUNITY FEDERAL SAVINGS AND IOAN ASSOt1ATfON OP RIVtERA dEACH t ~ur#~~~e ~p#~ RIVIERA BEACN, fLORtDA April 3~ ~)9 73. d~inp ind~bt~d, for v~ivt reuiv~d, th~ w~dengn~d joiMly snd sevently promist to p~y to COAAMUNITIr FfpERAt SAVINGS /1ND IQAN A550CIATlON OF RIYIERA BEACH at Ns offitt in the Cny of Riviaa Be~ch, Florid~, ««a... N+. w~ o~ THIRTY THOUSAND AND NO/100-------------------------------------------~~ ~ a 30,000.00~ ~o~erl~ with ;nte~t tlweon as hereinaft~r suted tn monthly kutallme~us of 'j'yi~0 Hundred Twenty-One dT1G~ 70/100-------axuurs cs 221. 70 x n,, sK,~ r~,~,~~M,~„n b. a~,. ~a P.Y.w~ p+ ~ tenth ~y °f October ~973 .~a :ubseqwm rrut.~l~,r, sh,u b, d,,. ,nd pay,w. on N,. tenth day of each and ~ve?y wtendar month tf~aftar until tir prinoip~l ~nd interat ut fully paid. larqer sums m~y b~ p~id at ~ny time, bw t!~ paymenf of •ny svch luger s~mt In eddition ro tht payments Matin reqv'asd shsll not reli~ve 1Fe makers of the payment of the momhly imtsl4neets herein provided ta, unkss it is specifically stipul~t~d by the mabn a1 tM tim~ of p~ymtnt tlut svch lar~er sums are to be appl~rd to the adv~nce paymcnt of the ma?thfy irotallments mxt matwirg In the wdar of ther due d~tes. AU paymen ~made upon this note sh+ll be applied fint to tht payrnent of xtrvsd inter~st ~nd seooeidly upw~ ti+~ pincipsL ' ~ This oblgarion shalt bca. in~ercs~ frwn dare ar tlrr r~te of seven & five-tenths pv aro ( 7~~j ~ per annura until the printipal ancl ~r~.a~ t~y P.ia. i Interest fw each ukndar month stull be xuued on the f'~nt day of uid month ~nd be computad on the w+p~id balarw of princ~pal ~ and interest existinp on the lut day of th~ preced;ng mon~h. This nete shst! b~ considered in defauh when any p~ymtet r~quired to b~ +~ad~ herew~der shaq not F~svs be~n rr»de within thirty days followiny its dve dat~ ~nd shall ?~main in d~f~uk until said p~ymtnt sMM h+ve bsee m~de_ Whik in defwh, th~s note sMll beu inter~st at the r~te of 10% per ~nnum in lieu of th~ rat~ Fnninb~for~ specifid. All m+ken and endonen now or hereaher becominq parties he.ero ~o~my and sever~lly waive derund, notice of ~wrFpayment ~nd protat, and ~prs~ th~t in t6e ~vent of def~ult in the p~yma?t of any inst~llment dvt hertur~der the wlwl~ of said inJebtsdness ihall tF?ere- vpon at the option of the holder, become invnedistely due M+d payabk, u+d if this note b~oomes in d~f~ult ~nd is pl~ced i~ th~ lunds of M ~nomey for mlleuion, to pay roasenabl~ momey's fees and all other oosn for makirg such oo(kdion. This nots may be pr~paid i~ whok w in paA ~t sMr tim~ without penahp. + S~_John Miller ~ I JOHN MILLER - - ~___._~cs~W ; _~__._(s~?~3 ~ ~ ~~~-----------___.tsE/W (~ha ^ots p ~ea+red bY ++rart~ay~ of even date execu?ed by the nNken in fawr oi Conununity Feder~l $~vi~+Qi and loan Asu~. of Riviaa dexh) i V I ~ and shalf 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 ueated shall cease and be null and void. € ~ AND the Mor~gagor dces hereby covenant and agree: i ~ 1. 7o prr dl and s:nyulr tir pindpal r~d ;nr~nsf snd olhu suma d ma~~Y wpabte by virtue of aaid panissory owe snd this mony~y~, a either. P~~+PMy i on ~M d~Ys nwKtireM. Nr aaint sMrdy oosw du~. i ~ 2. To WY dl and singulu ehe ~~aes, sssessments. kv~es. Iwb~Lf~es, obl~pat~ons and ~ncwnbrances of wery nstwe on ssio oescn~ed Woaerh~ exh and every when d~re ~rd pay~Dle xcad~~.q ~0 4w, before Mey becane del~nq~,en~. ~nd ~f ~he same sh~ll no~ be e.w.pdr w~d d+c Nb.~qayee ~nay ar ~ny ~~me eirher befwe u•/ter deLnqirencv PaY ehe same wirAov~ waivinq a afiecanq tbe option to fweclou, o` any nght l~eunder, ~nd evt~r Oar~~~ so rnsde shall 6tar interest lrom +he da+e Mereo( sr rhe rare wa~dM •n sa~d pranisso~r ~e 3. To kNp d+~ bu;tdnpa and ~II pvipnem ~nd pKwn~l pope?ty now or hersa(t~r on uid prern:ses, cow+ed bp tAis mat~ge, iro~w~d i~ ~ suiw ~t Iast s pwl b Me unD+~d b~~anc~ of Mis mwty~~, iaM+dnq Pw~, taheded covs+pe and vand~lism ~nd rtilicious iro~rance ss ro puPert~es o1M~ Nwn dvwllinps ~nd ~ (ire, eatended covenq~ ~rd sDec~d fw/n orher perik :nswana on dwr~I:nq~ ~IiyiDl~ fw sud~ bwdened cover_se - Prov~ded, however, th~t such im~wana b~ b ; +navnt sdficiwnt ro~andf/ wi~h aMr coiixwsnc~ rpuir~manb coverinq s~ undw Mr 4ws of fM _~ah of florid~, and pwideA /wN~w tMt the Polit~r or Pdicip sh~11 b~ wri~Nn in a compsoy a cwn~w~ies and Mrprqh ~n aq~nq ~atisf~ctory to +M A{onype~ and dwr said poliey or polic;y ~h~p b~ M~d b~• th~ Mon~pM ' M ~ ~ ~nd sMll bur a standrd !Mw Yak Mortq~yM Clwra~ wi~har~ contri6wion, makirq Aw lou ue~dar s~id od:cies p~rabl~ b the AAwtq~pe~ as ip infv~st ~Y +0~+~: . and in tM ev~nt ~r win of marp bacanef pryraGb ~w~dv rM sucfi polia~r « Oo~ici~s. ~he AAortya~~ aha11 Awe ~M oWion ro r~oeivr wd pply tM unr an s t. ' aaoum oi 1!w i~d~badnes~ henb~r s~cund, w a p~nnit M» Mortqspw to receiw and us~ it, a+nY P+rt Nroreof, fa o~her purpos~s, wi~hout tha~bq vvsivw~p t [ «~P++~~v +~Y ~W~h~. ~~w. a rqM ~w~dar and b~r virh~ of Maa rnw~p+9r, ~nd in Nw mm tlr Mor~q~qor doa not coinply wi~h ~his towwa, tl» A6orf~qN ~ ~ awr Pt~C~ ~nd p~y fa wd~ inswuw, a rw wn tl~aad, wi~haN r~ivinp a dlKtirq M» option ro for~ctw~, a arhr r:yM herw+nder and th~ firll r+wu+t d e~h E ~ and eNer wch W~n~n* sfrtl M iw~w~d'iakl~/ dw and phraW~ wd ~hall bur inlarest 6aw tFr dafe Nwred until p~id st ~ht rap povided io aaid noN ~nd topeMrr + wiM~ wd~ 1~M~rM tMll b t~aw~a by 1M I~n of /M w~orty~9~. ~ ' 1- iM1 w~rt~~. ~/r. ~1 ~wp Ii~~ A 11~ ~ wiM ~r~Ye~ wd iw ik dLcr~liew, oPOlp fw ~Mwrd e1 Mrt~a~ ~wrwhr i~wrMCr awriM 1M ~ ` ~ ~ap~ ~a~crNd bp 1M uwd~rsiOwd ow ~w doN henwiN~, pep NN p~~iw'ww~ dw b~ r~oww 11»rwf, ewd rp~rir~ rePap~rwt bp fIr rwd~ni~w~/ ~ ~ ,~.4 wcA ewo~rwb w e~e od.ewc~d bp wid ~onyo~~. Iw M~e ~re~ 01 fo~r.~ b~r tl» ~~d~r~yw~d ~s r~yeY wid o~erwb a wid ~o.to~~, wcA l~w~ ~bN ~ w teiwidMd • d~ferh. ~wd oN we~isiews ei Mw woN esd wert~oo~ .i1A ~~Owd M d~forll ~M~N b~ pplit~W~. ~ oc o S. TO ~rww?. to~rnif e? wIh? ne wpN. ~ i~qr:rw~r ar A~Mriaaion eI wid WoPrtr. a rq~ v~ M~w~o% r+d Won Nw laihin of M» ~wen~p? N IwP M» ~ bu~{d~~ en Mid waOMM in ~d tonditiM~ oi ~p~i~. 7tw MprfWY» ~yy dMwr~d ~A~ iwrn~di~N rpiir d u:d bwld'wq~, e? ~n invNw iw 11w an~awt M wtu?i~y, e? ~ M» i~wMdiaN rp~ywwM of Mw d~bf Irr~r Nan~d s~ M» Iwlun oI Mr Abr~y~pa b cowip/r wirh s~iA drwr~~ ei iM MvprNr for • pri~ d/AirM p01 dM, Jrll conarhM • bMCh e/ A~i~ w~orl~~. ~nd. M dr epiow ef M» MorlwqN, iwrw~diaMlp ~wMUr~ IIM ~wl:r~ ~wiawM of pincip~l ~nd Mq~ntl lyr~kry a~cwM, w~d iw~.~.e~~Nly ~nA wilAwl nd~p. Mr MMMY» MY iw~khM OroeMd~ a/o~~cfew Mis n~onq~y~ a~d pply ia ~M ~o0an~~•+~ of • R~u~Hr, „ M.~.~i/r~: aro.,drC - - - ' ' ~ ~ ~