HomeMy WebLinkAbout0253 TO HAVE AN~ TO HOL~ the same, togethe~ with the tenements, hereditaments a~d appurtenances, unto ths
Mortgagee, in fee simple.
AND the Matgagor does hereby oc~venant with the MoNgagee that he is indefeasibly seized of said land in fee simple,
that he has fufl •power and Iawful 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 enter upo~, hold, occupy and enjoy said land; thst said land is free
from all incumbronces; that he will make such fu~ther assurances to p~otect the fee simple title to said land in the
Mortgagee as may reasonably De required; that he does hereby fully warrant the title to said land and will defend tha
same against the Iswfui claims of all persons whomsoever.
PROVIDED, AIWAYS, that if the Mortgagor shall pay unto the Mortgagee the certain promissory note of which the ~
following i~ words and figuras is a hue copy, to-wit: ;
f COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACN ~
~IIx#$~~E ~Q#P
! a~v~Ew? s~?a+, FlOA1DA June 6'~ w 73.
~ 6einp indebt~d. fw vdve receiwd, th~ undengn~d jointly ~nd sevsrally prom~w to pay ro COMMUNIiY FEOERAt SAVINf'r6 AND
~ tOAN ASSOCIATION Of RIVIERA dEACN .r ~a off~. ~he G~y of Rivia~ Beach, flwd~, w aa.., H+..~ of THIRTY-ONE
~ THOUSAND EIGHT HUNDRED AND NO/100------------------- ~ 31,800.00)
,
j roqerMr with intenat tFrreon u here'~naftK stated tn monthy irot~lln~ms of '1'WO Hundred Thirty-TWO and 94/10
~-------------oaw~s cs 232 . 94 n» iK.r ~~.iu~ ~.n b. d~,..~,a P.y.ei. p+ ~ tenth
, . ;
1 day o! November, 1973 and svbsequent ias~allmeMS shall b~ dw u~d payabb on th~ tenth +
; day of each ~r+d every uknd~r month there~fter until iM pri~dp+l ~nd interest are fully piid. 4
er
~ lar9er sums may b~ paid ~t ~ny time, but the p+yment of •ny avch InQer :wns in addition to tM payrtier?ts F+erein rpuirsd shall '
; rot rtlisve the msken of the paymsnt of the momhly installments herein provided tor, vnku it is spscifically stipulat~d by the'm~k~n ~t the
i nme of payment tMt such Isryer sums are to be appt~ed to the advanu psyment of the monthly irota~lmenri next matwinp in th~ ordK d ;
?her du~ dates. All p~yments made upon tF?is note ~h+11 be spptied fint ro tht p~yrriant of accrusd intcrest and seaondly upon the princtpil- i
i ;
Tho oblipation shall beu interest from da» at th~ r~» of seven & four-tenths P~ a^? ( 7. 40 'x~ :
pea annum ~ntil the p?intip~l and inte?est are fvlly paid. ~
~ Inrorest fw e~ch ukndar month sMll be aan?ed on the fint day of said month ~nd be computed on the w+p~id balance of prindpal ;
; ~nd in~erest ea~stinp on the lut dsy of the preceding month. Tha ewt~ slull b~ considend in defauh when anY paYment nqwr~d b b~ •
n+adc hereunder shall not hsve been m~d~ within thirty d~ys fdbwirg in du~ d~te and shall r~main in dslavlt until said payment slwll `
~ havr b~cn made. While in defauM, th+s note shall beu interest at th~ r~fe of 1096 p~r annwn in litu of the rsh ht~tuibtfore spec~fi~d.
i
All maken uid endwiers now or hereaher becom'ug psrties he?eto jointly and ssvenlly w~ive d~nand, ootice of non-p~ymem ~nd
i proteat, and apree that in the tvent of default i~ the payment of any installment dw he~ew~der tlu whok of uid indebtedness shatl thers-
i vpon at thc option of the holdu, become imrn~diately dw and p~yable, aod if this oote beaornes in dtfault ud i~ plued ~n the hsnds
i of ~n anorney for oolkction. to pay n+sonable attaney s fea and atl o~Fwr oosts for makieg such oolkction.
~ .
~ ` This note may be piepaid in whol~ a in part +t snr time witlw~t penalyr. -
i •
; ; • ~ - _S Carl D . Romano
! .
¢ ~ - ------------lSEA~~.
~ I _~S ~Joann M. Romano ~~y ;
~ ~ JOANN M . ROMANO ~
~ i __._.-----------------------~~?u
~ i(Thi~ ~ote b secured by • mort9ape of even date eucMed by ~he m~kers i~ fawr of ComnwN+iry Fedsr~l Savinys and Loan Asu~. of R"neer~ de~ch)
~ and shall p?omptly perform, comply with, and abide by each and every tHe stipulations, egreements, tonditions, and
~ cavenants of said promissory. note and of this deed, then the estate hereby created shall cease and be null and void.
~
~ AND the Mor~gagor dces hereby covenant artd agree:
~
~ To ps~ dl and siny~lr tM pindpal ~nd intKest snd otMr swro of monw WY+~ bY virtw of said promissory nae and this mortysy~, w~:tMr, powiptb
~ on th~ daya r~sp~ctively, tM saer s~v~?~Ilp twrr du~.
~
Z. To WY ~II snd s~nqviar ~he I~aes. +fsessm[.~ts, lev~ts. I~ab~lmes. obl~y~t~wn and ~ncumb•snces of rvay nature on s~~o oescnbed poperry exh snd every
~ +.hen due and wYable xcad.nq ~o law. Ee(we ehev becane dehnquenr, and if ~he sa.ne sh+ll no? be pompr~y pa~d Me Mwrqaqee ~nay a~ any ~nree ei~her befwe
~ ~fies deLnq~encY paY rhe same w~~hou~ w~~v~nq a ~f(ecunq tAe opr~on b fweclose, a ~nY nqM herc+,nder. ~nd everY paYmen~ so msde sMll bear imerest (ro.~
~ ~~e da!e Mereof ar ~he .~~e pov~ded m sa~d pan~sswy nae.
3. To kep the b~ildinqt snd an equipment ~nd person~) poperh rww or heredter on uid prem:ses, cov~red by t1~if mortyaq~, insur~d in • sum af Ie~sf
;r~ eowl to tAt w+paid bsl~rec~ of tA~s mortq~ye, inckdrq fii~, eatendeA corer~ye snd vand~lis,n ~nd malicious ins~.ance as ?o popertiea oNw~ than dwttlinqa. and
f~re, e~tended coveray~ ~nd speci~l form other pe~ik imwsr~u on dwetlinys ~liyibt~ iw svch brosde~ed cover_ je - provided, however, tlwt sucA iro~w~nc~ b~ in
LL3 sIn«H+t sv/fici~nt to comply with ~ny coimwanc~ rpuir«nenef coverinq s~me v~der ~M laws of th~ ~u~~ of Ftw~da. ~nd provided fwtM d++t the policy w polid~s
~ ihall E~ wrin~n in a comp+nY a coenwnies and tMayh an ~pe~cr utis(~ctary to fht Mwrpaye~ and tl~N said policy cr policiss sh~ll b~ held bp th~ Morty.+y«
r: ~nd sh~ll bw • sundard N~w Y«k Mortp~9~ CMus~ w~~hwr co~+rrib~t:on. m~kirg rhe loss ~w~der said poGcies p~r~b{e ro the Monqaqet a iq iMa~st may appes~;
~nd in th~ eyem ~ny swn o( ma~p becanes WYabM ~wdar ~ny s~ch poliay a po~ic:es, the Mortgaqee shall havr rlw option ro r~oeiv~ wd sppFp tlw sam~ on
sccax~t of ~he ind~bMbneas he~~by ucw~d, w w pM/nit tM Mort~pa b rcceire r~d us~. it, a sny pxt M~ereof, fo~ oN~sr pwpos~s, w~d~wA Mwr~bf~ wsivi+q
~u w. impaKin9 ~^Y ~h, lipy or riyht ~ rnA bp virtw of M~is matq~y~: snd in th~ event t?~e Moreqsqo~ does nof canPh w~fh Nws tove~aM, tM MoAp~ye~ /~l
~^+r P~K+ r~d WY fw wd~ iraw+nc~, a+~w P+N NNreof, without waivinp or aH~ct"uq tM opNon ?o fa~cbw, a a+r riyMr herevnde~ ~nd the full ~erwunt of exh ~
- snd evwy wcfi wym~nt sh~tl b~ imn~diakly dw ~nd v+r~We ~nd s1?~11 bear inleres~ fran the date tMereoi ~ntil pid at the r»e wovided i~ s+id no1~ ard MpeAw "i
wit4 sud~ inlernf shall b~ atcurW b~r IM Ihn d N~is nwrfy~9e- ~
~
4. Tbt ~ort~~. ~el', al wnr /iM dvri~q 1M ~walqo~ Nr~, oed iw ib diur~tiow, oOphr fw r~w~~r~l oI rwo+tOo~ O~wronly w~wrenc~ cowriw0 11» W r
woetpop~ ~:~arl~d bp tA~ ~nd~niyn~d on ~v~w daM IKrewith, pop tM prewiu~ws dw br rwsoe tMr~of, owd ~pvir~ repopMM bp tM vwd~ni0w~d e1 t
~z iucA o~ooMS m or~ od~onc~d br wid w+ort~oye~. le tAe wenl of foil~r~ bp Ih~ ~nd~rtipp~d b r~pap wid awavnM b wid wwt0o~~, artA l~il~r~ d~oR
b~ cow~id~rd o delo~rlt, ond all prorisiows of tM ww~ ond wo~tpoy~ ~itA reqwd ro d~iooN sAoll b~ opplicobb. ~
~ ~
~ A'
S. To pKini~, conrn~t w svH~c no wat~, impahm~nt a E~hiara~ion of uid prop~rty, w any wn Nww/. ~nd upw~ HN bilw~ of tM mortp~qo~ ro k~ep Nw
~ bviWirq~ on s~id propatp in pood <o~tian of r~pair. M~ Matq~qw mhr daewnd tM imnedi~a rep~~r o} uid bvild~nqs, or ~n i~cr~~ in tM ~~ount of s~curiry. w ~
_ tM imn~di~q rp~ymem oI ~M debt her~by secw~d and tlr ~~ihrn oi th~ Mwt9aqw w cw~w~Y wirh sHd dan+nd of rM Mortq~p~e iw • v~?iod of .~M (~0) Kp ~
'Yk d+ps, aF+all c«ntitvN a bea~6 of thi~ mor~9+~. ~+d. H tM aWion o~ tM MortyapN, imin~daNM m»~x~ th~ ~nt~r~ an+o~xN d w~ncro~~ snd inNrKt Mr~bf~ Oda
~ ~~c~.~d, •nd immej~~T~ly •nd wi~lwul notic~. th~ Mw1q~yN ~Mr imfifsrN proc~edinp~ ?a Iw~clos~ th+s mortyp~ ~nd pplr IW 1M ~opointment of • RK~~vM. ~1
Fwr-e~?r. a 'ea
~ r
~ y
~ r;~ - ~
~ ' ~,~f.. s~..
- - _
:
:
t _~.__ar~~....... ~ - '