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TO HAVE AND YO HOtD the :ame, together with the teneme~ts, hereditaments and appurtenances, unb the
Mortgayee, in fea simple.
AND the Mcutqagor does beraby oovenant wFth the Mortgagee thst he ls indefeasibly seized of said land in fee simple,
that he has ful! power and lawfu! ~ight ro oonvey said land in fes simple as aforesaid; that it shall ba lawful for the
Mortgagee at all times peaceably and quietly to enter upon, hold, oaupy and enjoy said land; that said land is free
from all incumbra~ees; that hs will make sudt further suurences to protcct the fes simple title to said land in the
Mortgagee as may ~easonably bs required; that he does hereby fu!!y warro~t the title to said Iand and will defend the
same aqainst the Iawfui claims of all person: whomsoeve?. .
PROVIDED, ALWAYS, that if the Mortgagor ahall psy unto the Mortgagee the ce~tain promissory note of which the
following in words and figures is a hue copy, tawit:
COMMUNITb FEDFRAL SAVINGS AND LOAN ASSCCIATION OF RIYIERA OEACH
~IIx#~~~P ~DtP
` ' RIVIERA BEACH, ~ortia? May 31, ~0 7 3.
~Mg ~~d, fw vdut recsirsd, th~ undengMd jointly ~nd severallY P~~a b p~y ro COMMUNIiY DERAI SA IIdG6 ANO
tQAN ~?550CIATION OF RIVIERA oEACH ~t its offios in th~ Gty of Rivia~ Beacb. Florida, or orda, the sw~ of TH~RTY-S~X
THOUSAND SIGHT HUNDRED AND NO/100-------------------~~ ~ 36 , 800 . 00 )
~ a"~~"~°^ ~ ~ ~+fhh ~+•~w++~~n ~~`wo Hundred Sixty-Nine and 57/100
--oo~uRS ~s 269 . 57 n» f~..~ ~.t.iu~m ,~n ~ d~,. ,,,a P.,,.w~ tenth
~ a.,, ~ September, 19 e
I 73 sna .ubseqwnt u?s~.~u,KMs ~h.u bs d~,. .~a P.y.bk a, N~e tenth
i day of each u~d ~vary ule~dw month theresfter u~tU the principal and lnter~at ue ivYp p~id.
~ lar~r sums may b~ pa;d at any t{mc, but the p~yment of ~ny sud~ Is?yer sums in addition to fM p~yments h~rein required sh~ll
` ~m nlieve the mak~rs of tM payment of the monthly irualknenls herein provided fa, vntess it is apecifically stipulat~d by th~ mabn ~t the
~ r7me of p~yment that such luyer swns ue to be appiied to the advann psyment of th! ma+thlp irotaUmer~ri n~xt malurag in th~ order of
rheir dut datss. All p~yments mad~ upp~ this not~ sMll bc applied first to tM p~ym~nt of ~ccrued ;nterest uid secondy vpon the prieKip~t.
~ Th~s ob~y~rion shall bcu inrorcst from da~a the r~» of seven & fOtlr-tenths 4~ X.)
f~. ~m~~ ~i+. au,uPai ,~,d ~+~Kar a.. fi,ty P.w. w? o.~u ( 7.
!
~ ~ Intcrest far each ukndar month shall be scaued on the futt d~y of said month u+d be computad on the unp~id balu~ae of princip+l
and imcrest exatin~ on ths lut day of th~ precedirg month. ihis note shall M considered in defauh when anY p~ym~nt nq~'vad to be
m~de hereundet shall nat Mve been n~ w;thin thirty days folbwinp its due dab and shall r~main in def~uh until said p~ymtet ah~M
~ Mw bsen ~nade- Whik in defwN, th~s note shall bsK interesr st ths rats of 10% pK armum in liev of tM rate h~r~inb~fore sp~cifi~d.
All nwken aed endo~s now a h~aafter becom~ partie~ !~ro jointW ~nd HreralN wiiwe dtnand, ~wrice of ~orr~y~m and
~ protest, and a~.ee th~t in the went of defiult in ~he payrnen~ of ~ny ;r~tallment du~ hersunde. tM whol~ of said indebtednesa stwll *hae-
~ upon ~r the option of th~ holder, becorrw imtirdiatdy due and pay~bk, snd if tlwc rote becomes in defautt Md a pt~ced in tl~ huids
of ~n ~ttorney for aolkuion, to pay rcason~ble mane~Is fe~s and all orlw cosn for makin~ such collection.
( Thrs nott m~y be pr~eP~id in whob or in pnt at aMr rime withov~ pen~lty. ~ COI'P . Se a 1)
~ S/ Wayne U. Sines, Jr. . ~ (3ea11 _WAYNE CONSTRUCTION COI~ANY ~
Wayne U. Sines,_Jr., Individually -gy; s~.Wayne U. Sines, Jr. ~
Wayne U. Sines, Jr. -
S/ P. A. Sines (Seal) ~
P. A. Sznes, Individually
---__~.--------_.___._cs~w
(il~t noN 4 secured bll •~qa~e of ~ven date executed by the nwlcers in faw~ of Conununiry fed~ral Savugi ~nd loan Assn. of Riv~a 8e~)
and shall promptly perform, rnmply 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 created shall cease and be null and void.
, AND the Morigagor does hereby covenant and ag~ee:
I 1. To palr all ~nd w~qutK t!r princip~l ~nd in»reat and aMr swm of monty parable by virtu~ of s~id promiswry note and this matq~y~, a~itl~u. Y?oapth
a+ fM d~1~ ~~sW~fivelY, tM sasr s~sllr coaw du~.
i
To Mf ~It and sinqulx the q:es. ~ssessrner~b. kv~es. lubl~hes, oblpat~an ~nd .ncwn~ru~ces of rvery nahxt on sa~o aeun~ed woperh~ each and every
when due and psyabk ~cc«d~nq b I~w, b~/«e N~ty Eecane deln+y~enr, and if ehe same sAall no~ be womp~)y p~;d Nro Mor~ysgee /nav ar ~ny ~ime eifher befde
o. ai~es def~n~encr PaY ~I~e same w~~Aou~ w~~viry a ~Fftc~~nq tAe op~wn ro forecbx. w any ri9At Aerew+der, and e~~erY psYment so enade slyll bex inre~pt irom
~~e dare thereo( at ~Ae rare p~ov~ded ~n uid prom~ssay nae-
, Z
To kNp the buil~tnps ~nd aIl puipma~~ and Owwni~ P?operW now a huea(tK on said pcenisea. cowed by this wwrt
y~q~. insur~d in • swn ~t bast
' cvwl b the unp~id b4nc~ of tM rnort9+~, inclu~~p Pin. ~ahnded covwpe ~nd vsnd+l~srn ~nd malic~ous insw~nce as ro poqrties oN~r tAan dwe{IN~qt. ~nd
~ f~re, ~atended cov~rs~ and sWCi~l tonn ort+er qrils irowanq oe~ dwell:nqs ~liqible for auch b?wderwd cover..~e - Ww~ded, howwa, tMt such ieMwr+n b~ in ~
amow~t su(f:ciw~t ro wenply wiM anr co-wnw~nc~ rpui~s corarirg s~ und~r Nr I~ws of ~M _tsw of ftwida. ~nd pwided IwtMr tMt the PdicY a Odicia 0
sAaH 6~ writNn ia • canP+ntr a coinVari!~ snd thrarpb an spa~cy, i+tisfactory fo th~ Mwtp~qn ~nd tMt said poliqr. o~ policies shall b~ held by ~M Monpaqr
and J~II bwr i aundrd Niw 'York 11AoAppi~ Clw~~ widau~ conhibvtian, ~Ic'wq the loss urder sa:d PoGcies piyabb to tM Mwfyp~~ a ib iea~rwt ~r ~PV~+~: ~
and in th~ tvM~t Mry suw of nqMr bstawta pwabi~ udM arnr sucA policy w Oo~it:es, the Movlpa~ sh~ll lrtr~ fM option to nttiv~ ~ed apply 11M ~~n~ on
xcowM of ~M ind~budness ha~by Ncw~d. a b prwiA ~M Mortq~qw ~o receiv~ ~nd us~ it, a any w?t N~eof, fw other purpos~s, withaM dwr~r w~ivinp ~
a+ w~C+w~W +Mr ~qwAr. ~wn, a ripM ww1~r and by virM of d~ia in the ~v~nt tht ~
'q"' ^~~w9~: and Mwt9~yw doas not c
^e+~ puc~ ~nd phr fer ~vtfi irowanc~, w~W P+„ Maedl, wi~Fwvt w' a*O~Y wifA Nrt tor+n+nt. tM Mwp~~ ~
a~vinp a.~if~dinp tM oWion to ia~close. p~r riyht here~w~de~ ~nd Me iull ~nwuM ef e~d~ ~,y
~11 such p~rnwN sh~ll b~ iwrMd~Ntly dw ~nd ~ahb and sh~q bev inlKest fran tht d~1e M+e?eo( uMil p~id ~t the .ste wovided in saiA iqN and lopedw ~--1'
wi1L s~ inw~est sMil b~ s~cuna by IIN Inn of M~ii wwly~~.
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1. ?M1 ~wt~p~~. ~er. ~R eqr fiw~ AwiwO tlw ~atyep Mr~, owd 'w iM d'ntrNiow, epply fw rM~rrl ei ~wp~p~ ywrowlr iMwMe~ o~.iM fM
xc~
•o?pp~ ~a~c~d bp ~M rwd~rsi~~d on ~w doh Aer~.iN?, por 1M Pr~wiwa dw br r~oww tlw?~ol, owd ?p~rir~ ?~pe~rw~w~ b1 dw ~1
~uth Mprwh ot er~ ed~onttd by ~oid wwt9o~~. Iw 1A~ tvtnt of foil~r~ bp tAe vwd~nqw~d b r~Pap ~aid a~enwM b wid wwt~op~, wtA
/~r~ ~II
~ CMMdM~ O~OY~1. W1d ON PfO~MIWb O~ 1wf IION 011d ~W/t90P~ ~it~ ~f90Id b d~0Y~1 f~10~~ ~ OP~itO~.
t
! S. Io p?~,:t, conrwt, a wH~r ne waN, iw~p~i?w~ a d~w'ara~on ef uid
. M~+1?. a rM 0~ rMrr~of. w+d ~na~ Nw fail~w} d ~M n~alypa 1o kMY tM
build~ny~ on wid MovarY ~ V~d cewd.tien d rp~i~. Nr Maq~Or wwr d~ww~d t!r i~wnrdiaa ~p~ir d aid brild.nnq~, w~n invt~s~ in /lr Mwoar ot acwiAr, w
d~. ~.u ..v.,n~.M ~ M. a.~. ~...er ..a+..e .~a r» t.:w.. er ~o.ao. w ~o~dr .«e a.~~.~e ~e n» ~.~9.~.. r« . o..:ee .er ,~+r 4~0~
Aw.. .6.~~ coeniw4 .??.«A o! IAi. Mo.~a.p., aes. M+N. opion e~ r» Mo.,o.q.., iawn.di.Nlr ~Nu.• x» .Min .ewwM ol winciod .ns rM...u b...kry
s~n,.rJ. wu! iinne~~Nh ~nd w~+haA nolia. NN AAor~O~ON nyy iwui*M poa~Qrq~ a/w~cbw Mit enwtqp~ anA 1p0y fer IM ~PVoin~~t e/ • R~c~ivK, n
Mrl.na/te~ 7r~~.jrd .
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