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HomeMy WebLinkAbout1869 i . • t . • TO HAVE AND TO HOID the same, together with the tenements, hereditaments and appurtenances, urtro ths ! Mortgagse, in fee simpie. ~ i t AND the Mortyagw does hereby oovenant with the Mohgagee that he is indefeasibly seized of said land in fee simple, that he has full powe~ and lawful right to oonvey said land in fee simple as afo~esaid; that if shail be lawful for the ~ Mlortgagee at al! times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said lar?d is free i from al! incumbranoes; that he will maks such further assurances to protect the fee simple title to said tand in the Mortgagee as may reasonably be required; that he does hereby fully warrant the title to said land and will defet~d fhe same against the lawfu) claims of aU persons whomsoever. , ~ PROVIDEO, AIWAYS, that if the Mongagor shall pay unto the Mortgagee the ce~tain promiuory note of which the fol~owing in words and figures is a true copy, to-wit: - ~ i ~ COMMUNITY FEDERAL SAVINGS AND IOAN ASSOCIATtON OF RIVIERA SEACH ~ 1 ~Dr#$tt~P ~D#8 ~ - ' ; ~ RIVIERA 6EACM, F~oR~a? June ~v 7 3. j ~ btinp indebted. ta vsl~e rece;wd, th~ underspn~d 'p;ntly snd severally promis~ ~o pay to COMMUNIiY FEOERAI SAVIPIGb AND I IOAN ASSOCIATION OF RIVIERA BEACH at iti offfat u? th~ Gty of Rivia~ B~~cly Fbrida, w orde?, th~ wm of THIRTY-TWO ~ THOUSAND BiGHT HUNDRED AND NO/100------------------- a 32,800.00 ) j+opal~ w~d? ir?~en+t tl+~rea? u hereinafttr stated in rtqnfhly irotdlnwnq of'i'w0 Hundred Forty and 27/100~'~-'~ i----" oau?rts es 240. 27 TM f'vst i~ttallmant shall be dw and piy~b4 on the tenth ; a.,, ~ November , ~9 7 3 •~a .~.a~~ uu+.~u,»m: ~+.n 'b. a~,. and p~Y~bk ~,n~ tenth ~ day of e+cF~ ~nd every c~knd~? month Ihaeaft~r u~til tM pimoipal and htpest an fully paid. ' ~ l~rper swes m~y b~ paid at any time, bw the p~yment of •ny sucl~ luyer sure~ M additwn to tM payments hersie? req~w~d shatl r+ot relieve the en~bn of tha p~ym~m of the mon~hly i~utallments herein provided for, unkss N is apecifiuffr stipubt~d by ths rnaksn a? the ~ u ~ r~rn~ of payment that svch larQe~ sums are to be ~ppCrcd to• the sdv~c~ p~yment of the monthtp irotatlments mxt m~twirg h th~ order of ~ rheir due dates. All payments made upon this note shdl be ~pplitd first to th~ payrn~nt of xvued infertst ~nd secp~dly vppn tht pincip~l. i Tha oblg~t~on shsll beu interst from date at the ..f. otseven & four-tenths PK a~ ('j . t~Q j per annum uetil the principal and intertst ~n fulty p~id. 1 ? ~ letercst fw each akndsr month sh~ll 6e scvued on the fint day of said mon~h ~nd be computed on the un/»id babnc~ of princ~p+l ~ snd iraerest ~xwtiny on the lut day of tiie preced~n9 month. Tha note sMll b~ considered in default when ~~y payman nquired w b~ ; made hcreunder shall rat i?~ve been mad~ within thirtp days folbwirg its dut date ~nd shall nm~in in d~f~uh untii said paymem ahiN ' h+ve been madc. Whik in def~uh, th~s rate aha!! beu intenst ~t tbs rate of 10'X per umum in I~su of tl+e wt~ heriu~fae apecifid. Alt maken ~nd em~orsen now or he~eaRer becom;rg pivtiet henro jointly and severally waive'der?and,.notKe of ~we?~p~yment and M 1 prota~, and ayre~ th~t in the ~vent of defauM in the payment of ~ny insallment dv~ hereunder tht who1~ of ssid indebtedoeu shall the~e- ; ~ upon at the option of the holder, become imrnedimly dus and payabk, and if this no1~ beoomes in def~ulr and & pl~ced in t1r banda ~ i of ~n anorney for to!leaion, fo pay ro:sonibk Htwrays fe~s ~nd all othw costs fw ma4inp wct~ collection. + i Th$ note mar b~ pr~p~id ie whol~ w.in parf at inr tin~ withovt penaltr. \COrP. Seal) i ~S/ Jane R. Trev~ (Seal)A & B CONSTRUCTION COMPANY,INC.~u i ~ Jane R. Treva, ~ Individual y ~ - - . t ~ S/ Robert A. Criim ' (Seal) B~_• S/~~_ _A_lbert J.. Treva ~ ~ Robert A. Cru~a; In iv dually ~ A~elb rt-fg Treva_, President S/ Genevieve D. Crum (Seal)~ ~r A. Crum Secretary-Treasur Genevieve D. Crum, Individually A er~ J. fi , (This eou b sewred by a mortyap~ of even date executed b the nrakers Alvnr of ~ • fir@Va ~AQ1viTua-IIy (SEAU r omnw~niry Federal S~vin~i and lo~? llssn. of RrvKra le~d+) ; and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and E covenants of said promissory note and of this deed, then the estate hereby created shall cease a?~d be null and void. ~ AN~ the Mortgagor does hereby covenant and agree: i i 1. To pry a11 ~nd sinqulr N» pincipal ~ed inarest ~nd oM~u sums d monw p~tlable by vinw d s~id praniisory noM and N~is mortq~q~, a ~idrr, proNpHy ; u~ tM d~ys r~spKtivelY. ~ s~nr a~r~raily caar du~. f ~ ~ z. to oay ~11 ~nd sie~qular r1+e t~aes. ~ssessme,+ts. 1ev~es. I~~b.l~~~es. obl~gahan and ~~c..mbr~nces of rvery natvre o~ sa~o oescnbed P~aDatY each snd every ! v.?+en d~e ~nd payaple xcad~rg ~0 4w. belore rl.ey becur.c delrnq~.ewf. ~~f tl,r sa~ne shall not bc wu.np~ly w;d *he Mwt9+9« ~++v at ~ny time e~ther be/we er •1~[s Ael~nquencY pay ~h~ i~„K w~~how w~irinq w aflec~~nq the opt~on ~o /aeclou. a snv ripAt Ae~ev.+der. ~,d e•erv WY~Mr su in+de sMll bes~ :nterest f~om ~`e dare ehereoi a+ r1±e rare wor~ded .n said pom~ssay no~e . s To kNp the bwldnqr ~nd aIl pvipment and p~esoerl propery rww p hereafter on uid pemises, covwred by ihis mortp~q~, inwr~d in a wm N least ~ cowl b th~ ~x~p~:d b~4nc~ of Mis ma~qry~. incl~d:nq fiie. •arended covaraye a~d vurdalisrn snd rndic~ars inswxrce as to praperties oHrr than dwelli~qs, and f~re. ~.tended cov~rsy~ ~nd special Ionn w!w p~srils inwra~ on dwellirgs ~Iqibl~ io~ s~ch Drosderrd cover_.ie - povided, however. th~t wd? insurant~ E~ in ~nww~t WI/itlMt to comply wiM ~r coirows~+t~ rpuir~menh twrerirp s~ under ~M t~rvs of the ~t~t~ o( fbrida. ~nd prorided {urMt~ that tM polia~. w policiat i?+i11 be wr;fun In • canP+r+y « ewnv~a wd Mragh'en •aqency sstistaaary to tM Mbnps~ae ~ thM sa:d policy oi /dici~s sMN b~ held M~~9~ ~ ~ ...r.i..w'~u:,Y y•.s 14~•+.y_o.~ [1w,s~ wiMiwt connib~tan. makirq ~Ae loss wder uGd policies WY~ble ro tlw Mwtppe~ u ib inMrdt wuy appex; ~ a and in tM ~vent ~rry swn o/ money becanes WYabM u?,d~r +nY ~ vdiaq w Po~iues, tAe Mafy~y~~ slwll h~w fM eWian a receiv~ ~ed appty IFw san» on ; account of ~M ind~bl~dneas her~bp aen,red, a w p~rmif ~M M«tq~qw a receiw and uu :t, w snY w„ dKreof, fw oMer purpos~s, rrithout tlwnb~? w~:vinp 'l'~ ~ w«r~~irio9 ~nY puity. lien, a ri9M unde~ snd M v"whr~ of tha maty+vr, and in ~he ev+nt tM Mwt~syw does nw conwh w:fh ~Irs cown~nt, Nr Morq~ye~ . ~r P~ and D+y fw wd~ ins~wanu, a+~+r PM Mereof, withovt w~iv;ny w aff~ctieq tM op~an ~o fa~cbN, a wry riqht henw~der ud tl+e fi.ll amo~+nt d esch Q :a_. r «d erw11 sucfi phr~nt ah~ll b inr~rdi~teM ew ~nd Wp+bM ~nd sh+ll be~r interest fran tFK date thereo( u~~il p~id at ~he ra» povided in sa~d noM ~nd ropNhe? ~ with tud~ imsrt~t shtN be ~etv~O bY ~M ba? d fAis nwtTy~yK. ~ ~ I. lA~l ~o~pprs. ~sp. et wp Mw dy~ieo t!» walye~ Nrw, owd in ifs di~cr~tien, epply fw r~wl ol wwtqo~ 'wr~whr iwwro~c~ cew~ ~M } ~wtQe~ ~a~cY(~d br dN r~niqw~d ow ~wn dot~ MrtwifM. Pep Nw preiwi~iws dw br rwfow /1Nr~o{, e~d r~qvir~ repe~rw~w1 bq il» rwdsni~w~d e/ ~ I s such wwvnls m ar• od+o~c.d br wid wart9oy~~- In M~ ~11lRI ol iailv~~ bp tM ~ndersiqn~d b r~pop ~oid owounM to tioid no+t0a~~, wd~ I~w~ sAoM oco ( a b~ wasid~r~d o d~fouN, owd oll pro~i~iows o1 ebe not~ o~Q wortooy~ rrrtA .eqard w d~lorlt +Aoll b~ eppl:caW~. cm ~ i S. To p~rnrit: conrpit a wH~r rp wnl~, i~nq~rmaN or dettrior~tion d uid prop~ty, w arty p~r~ th~reo}, u~d upon p» failw~ .of th~ ~wny~qa ~o k~p• Ih~ bvildi~Ws on.Nid ~n 1 P~~~Y ~~d ca~d~ti«i of r~D+~~, fM Mwty~9N map dwn~nd th~ imrwd~~t~ r~pti~ 01 s~id bv:ld~rq~, w~n inut~s~ in tM aiwarn .of wcurirr, a tM i~mwefi~N iep?pn~M o1 1M d~E~ het~bY s~tw~d and ~M f~iM~ 01 Mr JMort to cw~wh wi~h uid d~nrnd d tM Mw1 A~t~. sh~ll coendwt~ a b?~ad~ 01 dw~ n~ortqa~. ~nA. ~t tM ev~an oI ~M Mo?t9~9a Wp~e fw a p~riod of N+~M (30) ^ «cu.~A, ane! imn+e~~~r~l ~nd wi~)w~l nWiu, tM Mort 9~9N, im~d'iaNFY enafw~ fh~ ~nt:r~ ~nawM of priealP~! ~nd i~Mruf F~~by . Y p~pM ma~r imtihM pocwdinps b(o?~c1os~ this mortp~q~ and applr for th~ ~ppo~ntm~n~ of a Rrc~„rK, 0 ~e•e -~e!'r. ~,c.l~~?~d . . . . . . 'fe 5-.2 ~ . . ..r- - ' - - ~ ~ - - ~ _ . . . 'li