HomeMy WebLinkAbout2769 TO HAVE AND TO HOtO the same, together with the te~ements, hereditaments and appurtenances, v~b the
Mortgag~se, in fee simple,
AND the Mortgagor dces hereby tovenant with the Mortgagee that he is indefeasibly seized of said land in fee simpte,
that he has full power and lawful 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 upon, hold, occupy and enjoy said land; fhat said land is tree
from all incumbrances; that he will make suth further assurances to p~otect the fee simple title to said ia~d in the
Mortgagee as may reasonably be required; that he does he~eby fully warrant the title to said land and will defe~d the
same against the lawful ctaims of all persons whomscever.
PROVIDED, ALWAYS,'that if-the Mortgagor shall pay unto the Mortgagee the certain promissory note of which the
following in wards and figures is a ttue copy, tawit:
~ COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OP RIVIERA BEACH
I
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~ ~ ~+~IIr#~tt$8 ~D#P
± a~v~Ew? e~?cw, Fioe~o~ June j ~0 7 3.
leirq indebted. fw wlue received, th~ ~rnders~yned jointly snd uverally promise to pay to C~MMIlNITV fEOfRAt SAWNGS AND
~ tOAN ASSOCIATiON OF RIVIERA BEACH at its offioe in the City of Rivier~ eesch, Florid~, p orde?, the sum of TWENTY-THREE
; THOUSAND AND 00/100----------------------------------~~~s23,000.00 ~
: roperher wirh ;ntcres~ rlrrcon u I+ereieaire~ s~~ted 'm monthly inst~lkerny of One Hundred $1Xty-Eight and
~ 48/I00-------oo~uas cs 168 . 48 The fint inst~tlment shall be dve and pey~ble on ~ tenth
day of A1ICJUSt 19 ~+d svbuq~xnt inst~llments shaN bs dv~ and payabk on ~ tenth
d~y of each ~nd every cakndar month thcreafier until t{k priotipal and interest are fully p~id.
larger stxns euy be paid ~t any time, but the payment of ~ny such larger sums tn sddition to tM paymenls herein required shall
~ot relieve the makers of tiK payment of the monthly installments herein provided for, unkss it is sptcifically siipulated by ihe m+kers at the
; nme of paymem th~t svth large~ sums are to be applied to the advance psyment of the ~:wnthly installmeots next maturir?y in the wder of
rheir due dates. A(1 payments made upon th~s note shall be app~ied fint to the payment of ~cvusd interest ~nd s~condly vpon the princip~~.
Tbis oblig~tion ahatl be~r interest from date at the r~te of SgVEIl & four-tenths ~ 7. 4 x~
per ~~num until the print~pal u~d imertst are fully paid.
Interest for esch cakndar month ahsll be +cuued on the first day of :a7d month and 6e computed on the unp~id bslance o~ princ~pal
and in~erest ex~sting on the last day of the p~eceding month. lhis rate shall be cons~dc.ed i~ defsu(t whe~ any payment required to be
: n+ade hcreu~der shall not have been made within thirty days folbwirg in due date '~nd shsll remain in def~ult until said p~yment sMll
have been made. Wh~b ;n defaulf, th:s note shall bear inurest ~t the rate of 10°X. per annwn in lieu of ths rat~ hs~~inbefwe speNfi~d.
All maken and endorsen now or heroaher becom7~g puties here?o jointly ~nd uvcnlly waive denaod, notice of ~an-paymem ~nd
prorest, ~nd ~yree that in the evcm of default Gn the payment of ~ny installment due hereunder the whok of said indebtedness s1u11 there-
upon ar the option of the holder, become ;mmed'utely due and p~yabk, and if thi: rate becomes in defsuh ~nd is pl~ced i~ the h~~ds
of ~n snwney fo~ colkcYan, to pay re~son~ble attorney's fees and al) o~her costs for makirg such colkction.
This ~ote may be prepaid in whole or in psrt ~t sny time withovt penalry.
~ - - ~jI2Q__(
_RAMF.RT -~-••-------------t5EAl3
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' ~ Guido Crameri
_ _____ts~w
i : -------~E~1 ~ETT~ ~1~AN1E~? _ ------cs~?u
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~ ' ~ . Bernadette Crameri
; : - - - - -----..csE~u~
~ ~(Th~s note is iecued bY • mort9~ge of even date cxecuted by the maker~ trs taror oE Community federa! SavFngs snd toan Assn. of Riviera Bead+)
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~ and shall promptty perform, comply with, and abide by each and every the stipulations, agreements; conditions, and
E
E covenants of said promissory note and of this deed, then the estate hereby created shall cease and be null and void.
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~ AND the Mortgagor dces hereby covenant and agree:
7 1. Io Par ~M ~nd s~nqulu +~e a~~c~wt ~nd interpt and other swns of moner wr+b~e by v~~tx of s~;d prom~ssory note and this m«ty~g~, p either, pomptlY
? en tM days .espectivey. tht ~me sever.ly cane du~.
# ? fo paY a~l +nd fmqulu ~he 4.es, assessmenrs. 7ev.es, l~ab.ln~ef, obl.qa~~ons and ~nrumbrar+ces ol •rery na~ure ors sa~a oeur.bed p.oper~y exA and every
- ..hen dve and payaDle xc«d~nq ro tsw. befo.e N~ey bccane del,nq~en~, and ~f rAe sime sball rroe be promprlv w~d rhe Mor~gagee may ~r ~ny r~me ei~her blfore
- a1~e. debnqve~cr pay ehe ssme w~~hpuf w~~v~ng o. allec~~ng rhe oonon to (o.edose, o~ any nqhr he.ev~der, ~nd eveiy paymenr so msde sh~ll bear ~nre.es~ from
•-~r da•t tfe.eof ae the .~rt Wo.~ded .n sa~d p.om~sso.r nore
To kep ~he bv~ld;nqs ~nQ all eq~~pmcm ind personst p~optrty now a hereaNer on taid premi3es, covered by ~h~s mwtgsg~. inswed in a swn ~f k~st
5 eOwl lo tAe unp~id balrce of Mis morlype, i~c{~d+np fir~. ti~ended coverage ~nd vsndalism ~nd malic.wn inswance as to piopert;cs oN~er th~n dwellirgs. ~nd
f~re, eatended coverage ~+d suec.~l (wm othe? perils imwancs on dwetl~nys etiqble fw such Erwdened cover_~e - pfov~dcd, howevea, rAat s~ch insws++c~ b~ in
~mo~x~t avlliti~nt fo canply wifl~ any co-iruur~nc~ rpuiremen» coverinq same vnde~ the laws o/ tAe :Nt~ ot Flaida, and provided iwtAn that fhe policy a pol~cid
_ iMll b~ vrritNn ~n • comprny a compan~es a~d tMovyh ~n ~yency s~tisfxtory ro the Mw?y~yee and tMt said pol:cy w pol~cies shsll b~ held by tM Mwt4sqee
•nd sMll be~r • staiwf~rd Nsw Yuk Mrxty~gn ~iavs~ vnriwve canrr;ov+:o.,, m.k~ny.Me loss ~nder said poLcies psY~ble to fhe Abrto~oe~ ~s i~y i/11NH~ RNY applYi
~ and i~ tM we~~ any w/n oi moroy becoen~s p~yabb und~r aery wch policy a po~icia, tAe Mor~qaqe~ shall have the option to receiw w~d
~voly tl+e saen~ on
accow~~ of M~e indebt~dnets hereby secwed, a to qrmit tM M«~ysqu to ~eceiw aod use rr. w a~ey part tAr~eo% fo? ofher purpose~, without thereby w~mng ~ '
or impa~rinq anY eq~riry. IiM, a ~ight unJer ~nd by virtw of this mort4iqe: ~nd :n the evcnf ~Ae Mwtyaqw does not cornpH wiM Nus corensM, tM Mwty~qes
~ msy plac~ ~nd psy fa such ieswance. a ~nr w?t N~ereor, witfiwt w~~v;ny a aff~cnnq ~M o~rion to f««1ose, or ~ny riqhi herevndn ~nd rhe fv11 ~+nount of exh
z and evwr such paynrnt shsl! bs iRrr»d:ately c~w and paY~bb and ~}yll bex in~est irom the data eMS~eof until paid st ~he rate povided in ssid iwq u~d togetFrcr i'
witA sutl~ infe~ett sMll b~ sttwe0 bY IM I~en o1 M~if morfy~ye. 1.~
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, TAet ~wwqoW~. ~oy, ar awr w+. dMrirq eA. .wfOop. a.,w, ond in ;ts disn~tion, oDpl~r fw r~w~wol oI wwfyo0~ ouorasry iwsvrowc~ ww?iw0 IM
; ewrqeq~ •:~cYt~d bp IM undertqned oe w~n dot~ Aer~.rith, pvr /M pnrwiumf due br rwson tMrwf. ond rpvir~ r~pop~t bp tl» ~wd~niyw~d d
; ~uch o~ovnri w or~ od.oeced by soid wror~pop~~. In ~IK e~cnf of (ailure br rhe ~nden~pn•d ro npoy wid anwveh ro wid wo?~pop~~, aotA loilvr~ ~Aolt Lf~.
b~ conaid~r~d o delorN, ond dl prooisio~s of th~ not~ awd wwrtpoye witb reqard to d~(ovlt dwll b~ opplicaW~.
~ S. To paT~t, comm~t a tv(IN no w~sb. inp~irm~nt a d~leriot~tion d s~id prop~rty, o~ any part thereof. ~nd ~rpon rM f~ilvre of eM mweq~qw fo bep 1M '
~ b~r~ld~ny~ on sard prapntY in pood cond=r:on of rtpair, tM Mafy~yM rrry dem~nd tM ~Tmed;a~~ rep~~r ol sa~d bv~ld~ny~, w~~ ~nueas~ in M~ amam~ ot s~cwi~y, or
- M~ vnnMdi~t~ rp~yinenl o} rhe deb~' hereby aecwed w~d tM f~il~rr~ of tM Mortq~por ~o ca++ply w~~h s~~d dem~nd of eM Mwtq~q~e 1w • paiod of fhirty (~0) CaC
~ dars, sM11 ca,sr~ru~~ • bre~cl~ of Mi~ rwwtq~q~, rd. tM oprion o/ eM Mw~qayn. ~~+.»d~~tely mn,w~ tM enr~r~ ~mow~t of pincip~l' ~nd inhr~st her~bp .
~tc~~ed. and E~~~-~ei~~ie!r and w~~how nWiet. 1M Ma~p+y» m~y ins?itw~ poe~edmqs to (a~clos~ M+s matqaq~ and ~pply fa~ Mt ~ppo~~fm.rr ot \ RK~ivlf. H
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