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HomeMy WebLinkAbout2130 TO NAVE AN~ TO HOID the same, together with the teneme~ts, hereditaments ~nd appurtenances, unto tfie Mortgagee, in fee s~mple. AND the Mortga9cx does hereby aovenant with the Mo~tgagee that he is indefeasibly seized of said land in fee simpk, that •he haY full power and lawful ~ight to oonvey said land in fee simple as aforesaid; that it shall be lawfut for the Mo~tyagee at all times peaceably a~d quietly to enter upon, hold, occupy and enjoy ssid land; that said land is free from all i~cumbranees; that he will make such funher auurances to protect the fee simple title to' said land in the Mortgsgee as may reasonably be requi~ed; that he does hereby fully warro~t the title to said land and will defend the same against the lawful claims of all persons whomsoever. ~ ~ • PROVIDEO, AlWAYS, that if the MoMgagw shall psr unto the Mortgagee the oe~tain promissory note of which the ; following in words and figures is a bue copy, to-wit: i ~ ~ S I COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OP RIVIERA BEACN i I ~ ~or#~tt~P ~D#P ~ RIVIERA lEACH, fIORiDA June 19 7 3. ; ~ ~ I ~inp ind~Med. fw v~lw ~eoeiwd. the w~dersipewd 'piotly ~nd severdly promise to pay 1o COMMUNITY FEDERAI SAVINGS AND z lOJ1N ASSOCIATION OF RNIERA 6EACH at its offio~ in the Gh? of Rivier~ Beach, Flor~da, a order, th~ wm of TEN THOUSAND ; ~ AND NO/100----------------------------------------- ~~ts 10,000.00 ) 4 ( ro9erM. with imKet~ thereon a Mrsin~fter st~ted in monrhy inst~llnwms of TWO Hundred and 38/100---=-"--- _ - i oow?~s cs 200 . 38 _ TM f'wst irut~llment shall bs dv~ and payabl~ an ths tenth s j d,r ~ July, ~q 73 ana :~quem uut.~u~«m sl+.n b. due .nd psr+~• ,he tenth ~ ~ ! day of ~ach and svery ukoda~ month the?s~fter until the princip~! and interat ar~ fuUy piid. # ~ luper swns may be paid ~t any time. bw the payment of any wd+ laryer sums ln add'ition to tM payme+NS herein raq~ired sM~l j rot reti~ve the maken of th~ p~yment of tM mon~hly iruullments hcrein provid~d for, unku it is sp~cifk~ly st~pulat~d b~? the maksn ~t the ~ ~ t;me of ay~e~t ~Mr such Ixger sums sre to be applied ro the adrsnce ayment of th~ monthly inst~ttmenb n~:t rn~t~xirg in th~ ada of ? ~ thea dw dates. Atl paymenn ~nadt upon tha note sMll be ~pplied fint to tl+~ payment of acvued intcrest snd secondly upon ~he Principd. j This oblip~tion shall beas interest from d~~e at the ..h ~ seven & f1V@-tenths pK ant ( 7. 5~ ~ per ~nnum w?til the printip~l ~nd interest ~rt fully p~id. Interest fx e~ch ulendar month shall !x scuued on the fint day of sa~d month ~nd b~ computed on the w+paid b~lanoe of prinup~t I and interest existin~ on tl+e lut day of tFw preceding month_ This note shsll be considered in defavlt when any p~yment nquirsd ro be j rr~ade herevnder sMll not hsve been made withln ~h'aty days followinp its dve d~a and shsll r~m~in in delauh until said p~yrt~ent sl?~M c ; ha,r~ been ~nd~. While in defauN, tAis note shal) beu intaest at ths rNe of i0X Per aro+wn in lieu of the rst~ !we'uib~fws sp~cifi~d. ~ i - ; All maken ~nd endonen now a I+Keaher becomirg parties he.ero io~my .~+d severally waive d~nand. notiae of non~p~yment and ; p.otest, ~nd apree that in the event of def~ult .in the p+Yment of any ir?~t~l4ncnt dw Mreund~r th~ wlwl~ of said irdebtednest sh+tl there- j upoa at the option of th~ hold~r, become immed'uteljr dw ~nd p'sy~bl~, and if tlin note becomes in defavtt u~d ~ placed in the Mnds ; ! of ~n atrorney for mlleuion, a p.y rea:on+bM mwney's fe.s .i+d a!1 otlw~msk for rtukag such oolkNion. • i ! . ~ ~ This nofe may be pnpaid in whoti or in part st sr?p tims w'nhout penahY- t ~ ' - ' S/ _ Sandra N . Moore _~wu ~ ~ ~ SANDRA N MOORE ~ ( - .~~~~(s~W ~ I _ _ ,cs~wu ~ ~ ~ ~(iMs note 's searred by • mortQape of eMen date acecvted bp the makers ~n fawr of Comrnunhy Feder~l SavinQ"s snd Lou~ Assn. of Rivina 6each) . ~ and shall 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 created shall cease and be null and void. ~ a i AND the Mortgagor does hereby covenant and agree: 1. io wr aI1 and w~o~+~ ~ w~v+~ «d infKat and otM~ swm of monw Wt~able bp vwww o( said wom~awry nae and this mwtyp~, or dtha, v?anpNr ' o~ ~M drys r~+D~criveb. /he a~ sMr~lly co~ dw. i ? To wr ~11 and sinq„Is~ rAe t~aea. ~asessma+ts. 1ev~es. I~abl~r~es. oblqat~an and .ncumbr~nces of ~.ery narwe on sao oescr~bed wovK~~ each snd every ~ ~ ..hen due and paY~~a xcad~~q a I~w. belae ~Aey Eeco~nt def~nq~renr, and ~f rl+~ sa~ne s1~~11 nw be p~omp~h o+~d H+e Mwtq+9ee .~+y ~r any ~nne ~iflw belae a alrer d~bnp~r~ncr pay ~?~e sa++e w~~h«r~ w~~rmq w affechnq Me opr~on ro fweclou, a anr nqAr Aereunder. and every payrnent so rryde sA~ll beu ~nrnest fib/n •^e da~e tAereoF at ~he u+e wov~ded .n sa~d pomns«y nore. ~ To kNp the b~ildin9s M+d all p~ipment and person~l popsrh ~ a ANe~(ter on uid pemises, cwxed bY :}wa inorty~, iroured in • sww N lwft a.: eowl w rhe ~wpsid ba4nce of Mis mort9+9~, incl~d~q fir~, tatended cover+y~ snd vandslis~n and m+lic~«n inswanc~ as to poperties oMw H~an dwellinpt. ~ f~re, eatended covrp~ and sCecial form WMr perih ins~xsnc~ on dwetlinys elyiblt ~a such bro+dened cover_ie - prwided. howwer. ~Mt wd~ ins~wanc~ b~ in ~ ~ u++ax~t aut(:ci~m ro cwePh with amr co-irowsnc~ r~w~remenh cwerirp sa~n~ w~der ~M laws of tM ,uh of ftwida, snd wovided fw~ ~Mt the policy or polici~s ~ sMll be wr~n~n in a canp+ny a cornp~nin and Nxa+yh +n penc~r s+~~sfrcrory.to d» N1wrWpee +nd that ~aid policy a polic~es shall b~ held bq eM AlwtpspN , ~ ,.~d Jrll ber • atw~drd INw Yak 1NoH9~~ Clwai witlw~A contributian, m~k'uq tM loss w~der s~:A vol.cies psp~bM w tM Mwt9rqa~ as ib inw~st inM ~OP~+~: _y 3 ~ and in tlw ~vam arry ww of mwry becawes WY+bb vnder ~nY wd~ polic7r w po~icies. the Mwt9+~e shall Mve tM eMion ~o ~ec«r+ and-~ppir wM w.~ o.. - ~ xcount of tM ind~bh6~ess h~rebp sacw~d, or ro PK~t 1h~ Mortp~qw to receiw ~nd we if, or sm pxt d~ereo/, fw Mha DuP~~, wiM~ovf 1Mr~b~r wtivieg ~ we or i~0+w~+9 +~Y M~M, lien, a ri¢a urdw and M virtw of this rnwtyp~: ~nd in tM erent the Mw~q~qor does not canpy w~~h Mrs cowrynt. tM Mb?f~9e~ ~ . ,nay pl~c~ rrd Wr 4w wdi inswsnc~, a amr v+M Nwr~ol, without waivirq a ~fl~ctin9 tM oWion w f«~clos~, a+nr ~i9ht Mere~+nder and the Ivll ~maw» d ~ s~ trwr su~d~ P+Y~~ aMll bt iw~6~telp du~ and Wf~aWe snd sh+tl bw iMeres~ frwn tM dm Miereof umil piid n the rate wwided in ssid rwM ~nd toyeN+n ~ j` witA sud~ iraerest sh~ll b~ ~acur~o b7l 1M INn of 1la~ iwwtyay~. s ~ it°.3 ~ ' ~i 1. iMl ~wt~o~~. ~sf~, d awr fi~ d~~iwo eM waAOo~ 1N~, owd iw its dircr~tiow, oVOl1 /w r~w~wd of ~wtY~ 4~a'h iswraw cew?iwo 1M ~ ~ ewrtOe~ ~a~cv~~d br 11N vwd~npw~d oe ~ww dot~ berwiM, po1 tM prewi~~n dw b~ r~oww NNr~ol, owd rpuir~ ~~popw~wf bp tiw Ywd~ni~w~d ~F ~ sucA o~wt~ w a~~ od~owc~d bp wid wo?t9op~~- In tAe e~ren~ of fail~r~ br 1A~ vwMrsipw~d b rpay wid awov~ri b wid ~wrpo~~, s~cU ieilur~ de~ ar- - b~ cemid~r~d o de1wN, owd dl pro~ie~s of tM ~ owd wwtyop~ wieh reqord ro d~fovlt shoN b~ oPplicobb. ~t % A ir, " S. To PNrwit, coiwnwf a suihr Ao .wuN. inp~irnwm or d~Niar~tian d wid o~~tY, a~^1~ o+~~ ~haeol. ~nd ~AOn H» bilw~ ot tM matyaya W kNO ~ ~n W9M mhr d~wr~d tM in~nwd:~r~ rep~:r o1 wd b~itd:nqs. o~ ~n incre~ in tM ~~wunl of wcwinr. or bwldi~ Pw s~id Woprrtp ~ oood eondtion of rp~ir. ~M Mon tM inwrdi~N rMhrmMN oi 1M d~M haeblr a~M~d aed fM ?~ilur~ of th~ Morlp~pw ro eoTCh~ wifA said dwn~nd o1 t1+~ Mwtya~~ fw ~ O~riod oi 1hiM (]0) : dws, sh~ll co.nt~rw~ a brwtA d Mrt. w~wt0+q~, and, n+Iw aoKon ol tM Mony~~ee. :mm~~n~?r mNur~ N» «ain arna+M of ainuwl and inNra~ I+er~br s ~ecw~d, snd iT++.ed~~t~1y ~nd wi~haA notiu, fM Mat~pN ~y imtihM p~ocwdiny~ a foncba~ this mort9W~ +^A +oDh fw tM ~cvo~n~in~nr o~ • Rec~~ve~. a ~S }~,~-.~f.~r prc.~c:.?. . 7 ' 1 } ~i ' _ a ~ - ~ ~ `d ! "x~ ~'-p""':, . . . . . _ _ , ~