HomeMy WebLinkAbout1858 ~
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TO HAVE AND TO HOI~ the same, togethe~ with the te~ements, hereditaments and appurte~ances, ur?to the
Mortgs~ee, in fee simple.
AND the Mortgagor does hereby covenant with the Mortgagee that he is indefeasibly seized of said land in fee simple,
rhat he has full powe~ and Iawful ~ight ro co~vey said land in fee simple as afaresaid; that it shall be lawful for the ~
Mortgagee at all times peaoeably and quietly to enter upon, hold, occupy and enjoy said Oand; that said land is free
from al) incumtxancea; that he will make such further assuro~ces to protect the fee simple title b~tsid land in the ;
Mortgsgee as may reasonably be required; that he does hereby fully warrant the title to said land and will defend tha i
same against the lawful claims of all persons whomsoever. ~
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PROVIDE~, ALWAYS, that if the Mongagor shall pay unto the Mo~tgagee the ce~tain promissory note of which the ~
following in words and figures is s trve copy, to-wit:
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f COMMUNITIf FE~ERAL SAVINGS AND tOAN ASSOCIATION OF RIVIERA dEACH ~
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l ~Dr#~M~e ~D#P ~
f RIVIERA EEACH, F~oRia? June ~ io 73
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! b~ wr w co~urnn ~oew?t s~worc~ ~wo
i d~inp ind~bt~d. for v~lve rtctiwd, tM wwlen~pn~d joioty snd sevsrd mit~ to
IOAN ASSOCIATION Of RIVIERA dEACH ~t ib offia~ in tht Ghl of R"wiNa 8exh, florid~, a orde?, w~+ ot FOUR THOUSAND
I SI~ HUNDRED AND 00/100-------------------------------oowRS R 4,600.00 ~
~~operlw with inte.K~ ~he.ea+ a~ hsreinafa. st.~ed in monthy nntdlrtwroa of NINETY-TWO AND ~.S~~.OO----------
I-------------oaw~s es 92.18 - TM fint iratdlnxnt ~II be dv~ ~nd paY~bb on the tenth ~
~ d,p of July ~9 73 .na :u~qu~t ~nst.~u+~s sh+n b. d~» +~+a wr.bl. a+ d+. tenth .t
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~ d~y oi each ~nd ewry ultndar month then~fia uitil tM pr~napal and interest ah fvYp paid. _
~ Larp~r sums m+y b~ p~id ~t ~ny timt, but tht pay~nent of any such (~ryer swns in ~dd~tan to th~ p~yenents he~ein required shall
; nm .elieve ths maken of th~ payme~t of the mauhly i~stalMne~fts herein providrd fa, unku it a specifically stipulated by the rn~kers ~t the
t r~me of p~yment 1Mf such luyer sums ua to be +ppl~ed to the advanu payment of th~ monthlp irot~lknents m:t matwin~ in tl+~ order d
~~heK dur dates. AH paymeMS m~de upon this nwe sh~ll be applied fint ro tM piyman~ of acuued intersst ~nd seaondly upa~ ~he P~i~cip~~• ~
; TM oblgation shall beu interest from date +t th~ rat~ ~ Seven & f 1V@-tenths W? 7. 5 x~ ~
, pe? ~nnum until th~ prinapat and interest an f~lly paid. .
Interest fa ~ach utendar month sh~ll be scaued on the fint day of s~id month ~nd be computed on the w+paid babrw of prin~~p+l
i•nd interest e:utiny on the last day of th~ preceding month. This note shall b~ considered in defauh wh~n anY paYment r~quirod ro be
j made hereundtr sh+ll not Mve be~n en~le within thirty days followiny in due dat~ snd shall remsin in def~uh until s~id p+ymem sh~N
: havt be~n m~de. Whik in defauh, this note ihall be~r imerest at th• r~se of 10% per ~+uin in liw of the r~t~ h~r~inbefore specifi~d.
Alt m~ken ~nd endoaen now a here+har becominp psrties herero jointly and severally wi~ve dtnand, not~ae of ~wr?p+timem +nd ' ~
; proNst, and ayre~ that in the event of defauh in the payme~t of ~ny i~atsilmeet dw herew~dt? the whoM of s~id indebtedneu shafl ther+-
~ upon at the option of th~ hold~i. becane i~~iately du~ and payabk, ~+d if this note bccanes in defwtt uid is placed in tht 1wd~
I; I of ~n attorney fw colkction, to pay rsasonab4 atton+e~r's fiees u~d dl othe. oosn tor makirg such cdltctia+. , ~
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~ i This r+ote may b~ pnpaid ie wlwM or in ps't at arhr tirn~ witFio~rt pen~lyr_ ' i
' ~ ~ _8~_ ROBERT ~-O KAHL ts~?u i
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i ~ . t- Rober~ O. Rahl
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j ~ HEIDI M. RAHL _.~-----~.._t~?t~
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~ Heidi M. Kahl
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~(11us not~ 's ucued by • mat9~ye of even date euecvted Ep the maken in fawr of Gonununity Fedtnl Savirg"s ~nd loan Assn. of Riviera lesd+) ~
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and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and ~
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covenants of said promissory noie and of this deed, then the estate hereby ueated shall cease and be null and void. 3
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AND the Mortgagor dces hereby covenant and agree:
~ To wY a!1 and irg~rl+r fM winc~wl ~nd inNrest ~nd oN+~r sums d ma~w wl~~ M virtue of s~id wom~asory note snd this mor~yp~, a~iNNr, o?o~ptlY ;
~ p~ tM dhrs ~~sp~ttivtly, tM fYM s~~rMdly CanM du~. • i
7. io qy ~11 an6 sinqulx ~he taees. +asessmen~s, lev~es. I~aD.l~~~es. obl~gat~ons a~d ~nc.wnbr+nces o1 rvery na~ure on sa~o o~scnbed proper~r exA snd eve~y
~ ,.hen due ~nd wY~ble ~ccad~nq ~o law, beiwe N~ey bee«rK deliiq~xn~. a~d ~f tAe s~me sMtl no~ be pomprly pi~d ehe 1Nortqa9ee rnay at ~ny t~mr e:ther befon
' al~er de4nq~ency pay d+e ssme w~rhou? w~iv~nq M•f~Kl~r1q tAf Opt~on to faeclose: w any nqAt Aere~++der. snd e.ery vaYmenr so made shsll bea? mterest (rae~
~ ~-e da~e ~M1e~eo( at the rare wov~ded ~n sa~d po'n~~so.v note.
~ 9. To kep the b„ild'inys ~nd all fQuiprns~t n+d P~~ W~h now-or here~fter on uid Weneises, cov-red by rhis mwt9+9~, irow~d in s swn N M+s1
t3 eowl to the w+paid b+4nce of Nws mwtq~y~, includep fir~, ta~ended covueq~ ~nd v~nd~lis~n and mdic:w~s imwanct as to poper~ies otlw ~hr~ dwdlinpt, and
~ f~rs. ~a~evd~d covpap~ +nd ~peci~l iw.n aher pNils irouru~u on dwe:lings eli9ibb fw s~ch Ero+dened corer..~e - prorided. Aowtver, th+r sud~ irovnnn b~ in
:s~ .mw,nt wffici~nt M conw~Y with anr coimur~ncs ~puirwnenn coverwq sarn~ und~+ t!n I~ws of 1M :uh of flarida, and Pravided iw~Mr tMt the Pd~ p P~~
~ha11 be wrin~n in • canp~ny w comWira and tlraryh ~n a4ency s+tisfactory ro tM Monppa~ snd thN s~id policy w pdic~s sh+ll b~ held by tlw Mwfysp~e
~ ~nd sMll bw • s~w~drd tiow York Mwtp~g~~ Clw~w wi~l~ou~ connibveion, m~kirq ~M bss under said odKih Wr+bM m tM Mw~~~ a ifs inwut mry appear:
~s and iel 11N fvMt M~y ~~Mlf O/ R~OMr bttpMf WYabl~ YfIdM anr ~V~1 PdKY W 0~~1(ilf, fM MW~yiq~~ SMII M1If 01! Op1WA W fKei11~ rw ~VP~7 ww iwi.i ~ .
zcca+nt oi ~he ind~M~dne~s ha~bY s~cur~d, a a P~m~ Mw Mwly~por to receiv~ and us~ it, a~ryr v+n ~Aaeof. (w aMr Pwv~~, witAout ~Mr~by wiivwq
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4 or :mp~Nln9 +~Y Mwb, (ien. w ri¢u urdK and bp vir~w oF ~is mwtpqr ~nd in tlw eyant tM Mwfy~qor does nM canPtY with qws tov~nant. 1M
~*+r P~+~~ and D+r for wch insu?M+u, w~nr P+„ tMraof. wid~out w~ivinp w~ff~ctwg tM oPtion ro i«~cbse, or +rw riqh~ Aa+e~nder ~nd the ivll rnaw~t eI exfi ~ J i
~ snd ~v~ry wd~ D+Y~~ aMll be inrn~di+~eh~ dw and wfrsb4 and ~h+fl bsar infe~est }ran the dm Nweof uruil W~d N the na wovided in u:d noN ~nd to~eNia .~r.~ ~
witM wcA inMKt al~ll b~ s~CUW bY /M Iw~ of 11+~ ~orfy~ge. , ~
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1. TMt ~at~e~~. ~r. ~t o~r ti~ dv~iwq tM werpo0~ 1Kiw, owd iw ies discrdiew, ePplf for rMw+l of ~worl~oM ,wrwN~r itwwe~ oew~i~p IM
inwqoy~ ~a~cvt~d br 1!M ~wd~niQ~~d ow w~n dot~ 1»r~wrilM. Vuf tM prtwivws dw bp r~aww IINr~of, owd rp~ir~ r~perMwf by 11» rwdN~qMd ef aJ? d
~ ~uch a~oueb m on odronced bp wid wort9oqe~. le tl» ~1IM~ of la~l~r~ by Nw ~wd~raipw~d b r~par soid e~oowM b wid ~wqey~~, wcA (eil~r~ sAeN
b~ cowid~r~d a dtlmih, o~d dl pramiows oi 1M noh oed wwtpoy~ ~.itA repord ro d~iovh rAell b~ ePplicobl~. A~
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S. To prmi~, cawnut w wffw no wa~t~, i~~rmnu or d~Nria~tion d uid prop~rty. w ury p+M t1+e~w/. ~nd u0oe ~M i~ilw~ of t!» w~wty~qo? b kNp tM
~~_v~.,': ~.,~a~,q. ~,.~e a~o•~+r ~d <ondition ot rp~ir. fM Mo?Ip~qN wW dMMnd t?» invnediaN ~p~ir o1 swd bv~ldi~qs, o~ ~n inve~s~ in th~ ~mount O~ }!~~M, w~df ~
~;i rM innwd~N r~paymnM of 1M deW iw~b~r s~nw~d ~nd fM i~ilun of th~ MoAp~pa b co~ndt wiM f~iA dMmnd of fh~ Morfy~y~ for a pviod ot 1hirM (:10I
~i d~r~, sMtl carnNtun • b?e~ d this ~wort9+qt. ~+d, tl t!r optian of Nr Mat9+w~, iwwn~di~N1p nww~ fM «Nin ~mww~~ d piwrciW~ ~nd int~rNt h+r~bf~ ~
k ~~cw~d, ind imme~~~hh ~r+d withar/ notid. 1M Matp~y» en~Y irotit~M~Pra~d~gs b fa~cbs~ this matpp~ and +pP~y ~ot tM ~PDpn~r~ent o~ • RK~ivM.
~er~ ~~fre~ wo. d.d.
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