HomeMy WebLinkAbout2408 TO HAVE AND TO HOLD the :ame, together with the tenements, he~editaments and appurtenances, unb the
Mortgagee, in fee simple. ~
AND the Mortgagor does hereby oovena~t with the Mo~tgagee that he is indefeasibly seized of said land in fee simple,
that he has full power and lawful right to oonvey 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; that said land is free
from all incumbrances; that he wiil make such further assurances to protect ihe fee simple title to said la~d in the
~ Mo~tgagee as may ~easonably be required; that he does he~eby fully warrant the title to said land and wiil defend the
same against the lawful claims of all persons whomsoever.
PROVIDE~, ALWAYS, that if the Mo~tgagor shall pay unto tAe Morigagee the cehain promissory note of which the •
following in words and figures is a irue copy, to-wit: •
- . COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OP R!VlERA BEACH
~ ~ ~ ~Dr~~M$8 ~D~~ ~ - . . : ~ .
~ , ~ RIVIERA BEACM, flOR1~A p1L1CJ11St 16, . ~973.
6tinp indeM~d. fa wlue receiwd. th~ vndersgewd 'pintly snA urer~fly promist io par ro COMNIUNITY fEDERAI SAVINGS AND
~ IQAN ASSOCtI\TION OF RIVIERA dEACH n iy oflio~ in *he C'ny of Rlvwr~ eeah, Florida, w o.d.~. ,w~ si. = FI~TEEN . :
~ OOlU1RS lsl s 0 ~ ~ ~ )
THOUSAND AND NO/100---------T---~----------`----------- ,
eo~alw wirh inlere~~ tMrion~ is Mreinaf~~. statsd in monthly ~r,i~.m. ~ One Huridred' Forty' dI1C~ 77~10~---~
oowRS cs' 140, 77 n» t~~ ~t,i~~r ,~++n ~ a~» +n~+a p+r.i~ r~ 'tenth
. . . . . -
d.y of , September.. ~ ~9.73 .aa s~qus~,t u,.~.~k~a~. sl+.n b..¢~,. s~+a.p.na• ~,h.., tent~ ~
d~y of each a~s! eve~y ulenda month ther~~htr until t!r pu~cipil _ind kUsrat.an fvYy•p~ ~ ~ '
' ~ lw~er swro m~y be p+~d it any t~me. 6ut the parmerit of any such luger sums ~in additioH to- tht payment: herein required shaN
npt reli~ve the mak~rt of t~ p;yment of tM monthly irot~llneenn Ixrcin provided for, unkss if ts spt~i(ically st~p~lated by th~ makKS at the
s;me of p~yment that ivch I~ryer'sums sro ro be +pptied ro the advance p~yme~t of the mol~tbl,r instsltrop?ts next maturiny in th~ adK of
ther du~ data. AH psymenn m~ upon thir note sMfl be applied fint fo th~ p~y~ent of ~caved interest and secondly ~+pon the Principsl:
- ihis obli9»ion shali be~r interesi from date ~t the rat~ of SEV@A & severl=tenths P~? 7. 70
pt• annLm i?ntil tlr pincipal u?d interest ~t+ fully paid. . . - -
tnterest fo? e~d+ cakndar month'iMtl be acuved on' the Y?et day of iaid month ~~+d be corr~puted,o~ the vnpaid bala~oe of piKCip~l
and in+crest exatirg on tl+e last dsy of the p~eced7ng month. this note shall be cons~dered in default when any paymeM req~~nd to b~
made hereunder sMll. not have been m~de within thirty days idbwinp in due d~te and a1+~11 r~rn~in in default until si~d payment sh+fl
have bee~ ~riade. YUl~ik in 'defivh, ~tha note shall b~ar int~ntst st the r~te of /0% per anAUm' in lieu of the ratt h~reir?k~efwe: specifi~d- .
All m~ken W+d endorsen now o? he?e+fter becom~nQ putiec herefo joimy ~nd severall~r waive d~rund. notice of ~+yment and
potest: ind sprer thaf in the tvent of default in the p+yme~t of any 'a~td4rKnt du~ hereunder yh! whob of s~id ind~btedness shall thsre-
upon ar th~ ,Qption of - the . hotde., become imrnediat~ly dw. and psy~bk, and if this nott 6ecomes in defwlr snd , is pbc!d 'a+ N» h+^d+
; of an atrdrneY for colleition, to p~y reasonable maney's fe~s and all otlwr ~osK for m~kieg s~ch colkction.. : - .
j Tha note.may be prepaid in whol~ or in part s~ +nr rane wnhout -~erwhp. ~ ~ • .
~
~ . _ : ~ : ~ Sf ___Jose~ Sen~tore ~ ~ ~?u
JOSEPH SNATO
I ~ . . ~ -(~1.
~ . . - _ ~
• S/ Marie E . Senator~
~ ' . ~ . . . . . - ~
~ (ihis note 's secued by • rtaAp~'of even dat~ execvted bp ~he en~kers ~n fawr of'Ca~wrwniry Federal Savinps ~nd L'osn Assn. oi Riviera d~~ch)
and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, mnditions, and
covenants of said promissory note and of this deed, then the estate ~hereby created shall cease and be null and void.
AND the Mor4gagor does hereby covenant and agree:
To p+y all and s~n9~l+~ th~ Mincipsl ~nd interest and othu sums d monev P+l~~ble bp virtus of aaid Waniasory note snd rhis morty~ge, w~ither. Wan011y
on tM drys r~p~ctiveh, qw s~w~t sov~rally cowr du~.
1 /o wr ~H and su~gular ~he ~aap, assessmentf, k+r~e~. Lab~l~nes. obl~qar~an anA ~ncumb•ances of rvery ns~ure on sa~o ocunbed poperrY exA and every
when due and paYaWe xcad.r+q to law, befwe ~heY dtl~nq~cn~, and ~f ~he san+e shall nor be p.or~prly pa~d tl.e Nbrrgagee maY at any hme ei~her belae
~ o. atte~ deLnquencr o+Y ~~t s~me w~~hart wi~r~nq or •ffecnnq tAe opt~on to faeclose. a any nght I+errv~de., and eve.y paymenr so made sAall bear ~~fefest ~rom
prom~ssar nore.
+^e da~t ~he~eof a~ rM1e rate pov~ded ~n sa~d
~
.~'~~'y To kep the bv~ldiny~ ~nd atl puipma+t r+d pKSOn+I proDer~Y row' « hare~tter on uid premises, covered by this mwt~q~, irour~d in a win st lesit
eqwl w tht wipaid b~bnc~ of ~his mo~ty~y~, inchr~nq fire, tape~ded cmr~rape ~nd vanddiam and en~lic~ws inswance ss to poperties Wher ~han dwellinyt. M+d
~ fire, e~re+~ded cmr~r~ +nd fOecial tam othK Fvrila inwrx~c~ on dwellinys ~liqbb }w s~ch brwdened cmrer_~ - prov~ded, howere~. MW s~d~ ie~xant~ b~ in
~rna,nt su(f~cien* to caipM M!AA +~y coirowanc~ rp~irNnenb ~overirq y~me und~r ~M I~ws of tM :ua of Floridr, and prorided (wMer tMt the policq a pot~da
shall be writNn in s comps~y w co.np~nin nd ~hrouyh +n +9encr s+Ksfsc~dry to Nr Morry~ye~ arid 1Mt said pol~.cy or polici~s shall b~ held bp tM Moetqspw
and sMll bur • sundrd !Nw Yak Mwfq~qN Clwx~ witl~wl connibWian, m~kinq 1M loas w+der s+id pol:cies p~Y+~ m the /Mortqap~~ +s ifs inNreft mry apqear; ~
~ and in tM rYen~ ~ryr swn o1 mw~ey becanes p~7rabM ~x~d~r ar~ wch volicq or Pe~iciss, the Mortpaqe~ sh+t! hav~ th~ option b r~ceiv+ ~nd apptr Mw san» on
xcowN of th~ ind~bNdnet~ her~by ~scw~d, a ro PMmit ~M Mortyaqw b reuiv~ and us~ it, v~ry pxt ~hereol. Ior oMer puPose+, witla~l Marebq wsivinp ~
or :nw+~~0 +~tr iW~b, lien. a righ~ under a~d M virtw of ~his mwiy~y~; ~nd in ~he evem tM Mwfq~yor' doei .ndt ,tonwh wiih ~h:s cova~wa. Mw Nlwf~qs~ M
m~y dx~ ~nd Wp for wd~ 'wnwa~ce. a ~nr Dart Mereof, wiNwut w~iviny w aff~ctiny tM ov~an to f«eclow, a wry riqht I~ere~w~der and Me full srno~wM o1 e~ch ~r~=
anA ev~ry sutfi paynrM aMll b~ iw~awdia~elp d» ~nd p~pabl~ w~d shall bex inte+est (raw tAe d~te tMreoi until psid at the ~a» p~ovided in sa:d noM ~nd wpNlw ~
writ4 wd~ irrvveq ~AaII b~ securw br ~M INn d d+is morry~y~.
~
i1wA rwrt/pM. ~e~r, d a~r Iiw~ dwiw0 Mw ~wl0e~ Mrw, o~d ie ih d'nn~tan, oppl~r /w ~~wwel of ~wt~e~ Ow~wf~r i~w~a~c~ cew~ 11» ~
~ptOp~ ~n~nrl~d bq 11» Ywd~nipw~d ow rww do1~ Mr~.rilA, pop tM prew~i~wn dw bp r~otow /Mrw1, owd rp~ir~ repoprwl bp fM w~d~~si~w~d o1
t~rch o~wuab es or~ od+ronced bp wid wort9aq~e- In the e~~nt ol foilur~ bp tl~e vnd~rsipw~d b t~po~r wid owovnN w soid ~orpa~M. ~ucb loilws J~dl ~A~
b~ comidw~d a ddorh, owd dl pro~isions oi th~ woM and wwrtyop~ w~tM r~qord ~o d~lodt shoH b~ opplicoble. {~~L
ie
~ ' ~fl
• y S. To painit, tommil a suHu no wuN, irp~irw~M a delNianion of uid propntp, o~ aoY V+~~ N+er~of, nd upon ~M. lailw~ oi tM mortp~pW b k~ yM
~
brildinys on uid popMr ~n 9~d tondfion of r~0+ir, eM Mor~W9» Tsq dwn~nd rM inwMdin~ r~wir of s~~d bvildiwqs, a~n inve~w ie th~~~nwurt of wcur:ryr. p
1M 'wtirwdi~a rpqm~nr of dw deM her~bp ?~cur~d w~d th~ i~ilw~ d th~ Mwt9+9o? b cweVh wifh said d~nwnd d tM (IAort~pN hr • DMiod of /Airt~r (30) .
dws, sMlf coear~tup a brtRh of fhis iwortqp~. ~+d. ~t th~ aPYan d ~M Morty+w~. ~~nn»diauh~ matur~ th~ Mt:r~ Mraurw d w~nciv+~ ~nd in?Kesr her~br
s~cvr~A, ~nA im efin~fy ~nd witAwR ~olie~, th~ Mwtp~qN ~r int~ifvN ptoe~ed~np~ b la~cloe~ tl~is ~nwtqpa and apphr fw tM ~ppo~m~r.e~r of • Rece~ver, n
~4., .s c o+ d.~ •.s
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