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' TO HAVE AND TO HOt~ the :ama, togethe~ with the te~ements, he~editaments end appurtenances, unto ths
Mortgagee, in fea aimpls.
AND the Mo~tgagcx does hereby o~ve~ant with ihe Martgagee that he is indefeasibiy seized of said land in fee simple,
that he has full power and lawful ri~hf to oonvey said land in fee simple as aforesaid; that it shall be lawful fo~ ths
Mohgagee at all times peaoeably and quietly to enter upon, hold, occupy and enjoy said land; that said ia~d is free
f~om all incumb~ancea; that he will make such further assuronces to p~otect the fee aimple title to said land tn the
Mortgagae aa may reasonably Ds ~equi~ed; that he does he~eby fully warrant the title to said land and wilt defend the
same agsinst the lawful claims of all pe~sons whomsoever.
PROViDED, ALWAYS, that if the Mortgagor shaN psy anto the Mortgayee the certain promiasory note of which the
foitowing in words and figures is s true copy, to-wit:
COMMUNITY FEDERAL S/lVINGS AND LOAN ASSOCIATtON OF RIYIERA BEACM
~IIx#~~~8 ~DtB
arviEw? sEau+, FlOR10A July a s, ~073 .
' b~inp ind~b~ed, fo~ v~lue receiwd. t!r w~dNSprnd jointiy and severtlly Pronuq to P+r ro COMMUNITY fEOERAI SAVINGS AND
tOAN ASSOCIATION OF RlYIFRA BE/?tH a? it~ offto~ in the Gty of Rivi~r~ Be~ch, Flo~ida, a ada, tM sum of FORTY~FIVE
THOUSAND AND NO/100----------------------------------~~ ~ 45,000.00 ~
+~.ti,.. wiM inlsrKl fl~lon K~.n«,.r?., :r.~.a ~~~n~, ;~,r,nM.,a, of Three Hundred Thirty-Eight and
45/100------- oou~?rts cs 338 . 45 TM fibt installment shall b~ dw and pyible on the tenth
d•r or January , ~9 7 4 .~d iv~qu~t :~ua~ln+.rtn .H~n b. du. ,nd p,r.w. on ~he tenth
day oi ead? and ~very pbndar month thcn~ft~r until tM prindpal and inferat an ftilly p~id.
laryer swro may b~ paid N ury timt, but tiit p~ymeet of •ny svch luger su~ in addition w tM payrnenn ha+in reqvired shril
rat .elieve tin ~nak~rs of th~ pymsnt of the mon~hly irotillments herein provided fw, unless it a speciikally stipul~ted by the nwlc~n ~t tlr
r~ms of payment thaf such lar9er sums ue to be ~ppl~ed to th~ advsnce p~yment of thb monthly installma+tt rNxt m~t~i~g in fFr orda of
their due daMS- Alt psyments mad~ upp~ thK oote shall bs applied fint 1o tht piym~nf of acuwd interest ~nd seeondlp upa+ the principil.
ifws obl~ar~on slwN be~r imerst from da» ar the .~re of S@VeII & seven-tenths P~ 7. 70
pcr ~nnum uotil the prw~tip~l and interest w fully p~id.
Interest for esch ukndu month shall be ~caued on the f'ust d~y of said mo~th ~nd b~ computed on the unpaid babna of principal
and intc~est ex~sting on the lut d~y of th~ preced~rg month. This no~e shall b~ coniiderod in default wMn ury paym~nt nqvirsd w b~
msde herevnder shal! +at have be~n mad~ within tFarty d~ys folbwin~ ifs due date snd sMll r~m~in in def~uh wrtil s~id p~ymsnt sFwN
Mve been m~. Whil~ in d~fauh, th~s note shsll bcu im~rest at th• rate of 10% p~r amwn in lieu of tl+~ rat~ Iw~iob~for~ sp~afi~d.
All maken a+d endoaers now or hereafter becominp partie~ hereto jou+tly aod ssver~lly w~iw d~ruad, ~+oYKS of noeFpaymeM ~nd
protes~, u+d ~gre~ that in the wcnt of defsutt in fhe paymcnt of any insfdtment dw hsrsw~der the whol~ of s+id indebtsdneu sMll thsrr
upon at the option oi th~ holder, become immtdiatey dw and payabk, ~nd if ti+is note beoomes in defwlt and is pl~c~d in the hx~ds
of an ~norney fw oolkaion, ro p.y reaonable attwne~/s fces and ~U o~her aosrs for ~nakh~y such oollec~ion.
?his nof~ may be prepaid io wFwl~ or in part ~t any rime wi~hovt penaNp.
. . . . . ~ ~ . ' S~---Thomas F . Waite " ~
~ . ~ . . . THQMA.S; F . ~WAITE ~
. . ~ ~ __.~____(sFwU
S/ Mar aret A. Waite
P~~1~.--WAIfi~"`__`--~.~_._._._.l~wu
; _.._~__-_._._..------------~~~?u
4~~ f+Y ~~q~ys of ~ven date execvred by the makers in fawr of Coaunu~ty feder~l S~virg"s and lou? Assn. of R'rvier~ de~d?)
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i and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and
; mvenants of said promissory note ar~d of ihis deed, then the estate hereby aeated shall cease and be null and void.
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~ AND ihe Morsgagor does hereby covena~t and agree:
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I. To w1l sll and wiyulr Nw w~~od ~nd ;nNrest and wlw swm d mon ssory note snd this maA~q~, a~, pomp~h
i w W1+bk b~r vir/u~ of said promi
on N~. d~» nse+ct~veM, rh. snn. ~w..a~y cwn du..
Y
~ l. To P+Y ~~1 ~++d sinqul~r Mt t~aa. ~asessmeny. 1ev~es, IiabLr~es, oblqat~ons ~nd ~ncw~+brances o( ~rery .uANe on sa~o oncnbed poyerfY each and every
f .rhen d~+e and pava~le ~cc«d~nq ro Nw, betae Mcy becane del~nq~en~, ~nd ~f rhe same shall no~ be p~omptlr w~d ~Ae Mw~ga9ee m~y at any ~~me either be(ore
; a+~k' del~^o~+~~cr wr ~r+e s~me w~rhout w~ivinq a•ftec~~nq Me epr.pr ro IPreclose, or any riqAf l,erevnder. and every wr~+ so rrNde shal! besr interpt from
- r~ ~re rRereot af ~hc rate pw~ded ~n sa~d ao.~+sso.~ nae.
_ 3. To k~p Ih~ bv:ld.eq~ weA atl pvip.nenf and p~rapwl prq~erfp rqw a hereaher on said p~emises, cowred by fFws morfyaq~, imw~d in ~ swn n ftast
eowt eo dr unpaid b~~~nce o~ N~is mwty~p~. iKMrd'inp (in, extended cova*sqe ~nd v~nd~l~sm and mali~iws inswanc~ u to propenies oN~r tF,an dwNlinq~, snd
t~re. •,rended covup~ and tpeci~l torm aher pKits insurann on dwell:nqs tliqble lor a~ch bosdened cores_~e - yrw~ded, hovvwn. M~t wd~ imur~nq b~ in
" ~mainr svffichnt ro canply wiM arry co-i~nwanc~ r~qviruneny cwairq sam~ vnd~r ~M laws of Nr ;up of Fio.ida. ~nd prwided iurthw tMt ehe
S sMll be writwn in ~rcomp+ny.or canpaoi~s ~nd Nvaph ~n apaKy sat~si~ct PdKY a odicia
and sh~p bw • sts~dard New Y«k to, tM Mwt9+~e ~nd ~rl said Pd~ or odici~s ~II 6~ hsld by M~t AAort9spw
Mwtya9N Clwa~ without canhibut:m, makinq the lou unde~ aaid P~icies psy~We w Me Mwty~qN as iri iM~?at m+Y +vP~+?:
and in N» ~venf ~rry swn of marr bscomes p~y~bb und~r any sud~ PdKY or po~icits. ~he Mortyaqe~ shdl Mw ~M optian b r~ceiw Mfd pply IM tan» on
_ ~ccounf of the :nd~b~~dness Mr~bp s~cwd, w b va~ert rM Mwtya9or M rereiw ~nd us~ ir, or +nY P+N N+aeof. (o~ aher purpos~s, witlwv~ tlwaby v~.~;,ri~g
~ a M'w+~~H+Y +n1~ W~b, litn, w riyM iw~d~? and try virM of th's inortqpr, and in tiy ev~M tM Mwt
9Ww do~s not conply with thi~ cownant, tlw Mwf~~
? rn+y 0~+~~ ad p~r /or wd~ insur~nce. w+oY Par1 thtraof. witlwu~ wa:vinp w sfl~ctin9 11w option ro for~cbs~: a arry ri9ht l~er~vnder and the full ama+nr of ad~ ~
•r•~r s~ wrm.~u +ti+u e. ~un,.d;•k1y dw rwl pap~bl~ a~ ~11 bear interest fran tM dste thereof until paid ~t Me rate provid~d io said rww ~nd tpqdher
wit? sucA interest sMll b~ sacw~o bY rhe lw~ ot rhis iwrtq~ye.
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4. iM1 ~or?NY». ~Y. ~t aw~r ti~ dwiw~ tl» ~srpa~ NA, owd in irs di~crNiow, fa r~wd o/
~ ~srt~po0~ ~a~cut~d b~r 1iN und~nipw~d oe ~ww doN A~r~.nith, pa~r tM prewiv~s dw b~r noww el~r~of, o~d ~p~~l~ Y~~h ~ewn sewrw~ Mw
~ wch awovnh w on od~aec~d br toid iwortqo~e~. !n Me ewnt oi 1ail~re bp fIN ~wd~r~d 1o r wid a~ouwM b w~~ a~ Y~~~+
Wor ww1~p«, wch lexw~ ~AeM
~ M cowsid~r~d o d~la~rN. owd dl prmrisiows d NH ww~ owd wwtyoq~ v~M reoord ro d~iovlt ~hoN b~ oPplicobb.
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3. To pvnat, eom~vt w wH~r rq wqN, imp~irnwnr w d~hriontion o1 wid P~ovM~Y, or +nY oart d+a~o1, and upon eM f~ilw~ d th~ ~atya~a to k~ep Mr
~ ~ ewld~eq~ on wid Wop~rh M O~d•eond~tan of rw~i~, tM JMortv+9N ~ dwernd tA~ inrMdiar~ rp~:r o/ sa~d buwtdirq~. a~n irwea~ in rM ~pua ol wewi~r, or
NM Iwrn~di~M r~ of Nr d~b~ herebp s~cwd and tM failu?~ of /M Abrty~qw b tomplY wiM said d~rn~nd d N» MorlpipM. for • P~?:ed eI M~irM i70)
' . dwi, s?~all corotifvn. • bre~d~ d iAi~ nwr~y~pe, and, tl Hr optan of dw Morty~qw, iewrrd~N~ly mnw~ ~M ~Min ~rew~wM d pincip~l ~nd inNnst her~b~r
~ ~~cvred. and imr.~el;~»fy ~nd 'writAwl nqic~, tM Mor?p~~ mnr insf:lvN pocwdinq~ 1o ia~clos~ this mwtpp~ and pplr fw th~ ~ppo~~~ment of • RK~ivN. If
~~•a~~iHe~ D~o.~ded. .
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