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TO HAVE AND TO HOtD the same, together with the tenements, hereditaments and appurtenances, unro tfis
Mortgagee, in fee simple.
AND thq Mort~a~or.does hereby oovenant with the Mo~tgagee thst he is indafeasibly seized of said land in fee:imple,
that he has full power and lawfu~i~ht to convey said land in fee simple os afo~esaid; that it shall be lawfvl for the
Mo?tgaaee at all times peaoeabl and quietly to enter upon, hold, occupy a~d enjoy said land; that ssid Is~d is froe
from all incumbronces; that he iil make su; h furiher auuronces to protect the fee simple title to said land in the
Mortgagee as may reasonab required; that he does hereby fully warrant the title to said la~d and will defend the
same against the tawful c ims o II persons whomsoever. ~
PROVIDED, AIWA 5, that if the Mo~ayor• II pay unto the Mo~tgagee the~~omiisory note of which the
folbwing i~ words a fiyures is py, it-
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COMMUNITY FEDERAL VINGS AND N ASSOCIATI OP RIVIERA 6EACN
~~r#$tt~e ~~`at
RIVIERA lEACH, FLORIDA ~L~-C_G~ .3 Q 19 ~3
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I' leirq ind~bl~d, fa vdw reuiwd, th~ ~nde~sipn~d ioiMh and sever.tly p?omis~ to pay Ao~C~INMtAV~TY fEDER/?l SAVINC6 AND
LOAN ASSOCUITION OF RIVIERA bEACN ~t its ofHot in tF~e C1tY of RiviNa B~~ch, flaid~. w ordtr. H+..w* of TV{TENTY FIVE
~ THOUSAND AND Nd HUNDREDTHS---------------------- ~s ~ 25, 000. 00 )
f„~d,.. w~ ~„sns, ,M.so„ ti.ni,,,t~., su,ed mo„rhy ;~sra~um.,u, d ONE HUNDRED EIGHTY THREE and
~ 13 / 100 - - - - - oawrs ts 18 3.13 - - - - - n,. r.. ~ ~.,.~u~, ,i++n b. a~. «+e P.Y.b~. l Oth
i d,r ot September ~y ?3 ~,a s~.a~,r ~nsu~un.ms sh.~~ b. dw and P.r•~• on d» lOth
! day of ead~ ~nd wery uMndar rnonth thereaft~t w+ti) tF» printipat^aed inter~st ar~ fuily p~id.
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~ L~rper }ums m+y b~ paid ~t u+y tune. bw tM paym~nt of anr avch luptr suan tn addition to~tM paymenls ha~i+ rpuKed aMll
I not relieve th~ mak~rs of tM pay~~t of th~ monthly insqlknents herein providcd ior, unkss N is specificdly stepulatd by th~ m+kers N the
r~me of p~yrrr~t that such larper sums ~re to be appl~ed to the adv+nce payment of tFw monthly irotsllments mxt m+twinp in th~ orda d
the'w du~ d~fes_ All paym~nls mae~ vFwn this note shall be apptied fint to tM paymsnt of accrued interest and s~oondly vpa? 1Fw D?incip~l•
This oblip~tion sh+ll be~r interest from da~ ~t the rate of seven and four tenths p~r ant ( 4
per ~nnum until tl+~ principal and intereit art fully p~id.
Interost for each ukndar month shsll be accrued on the f~rst d~y of sa~d monrh ~nd bt computed oe+ the wq»id balance of princp~t
~ ar~d interest ex~stinp on the lut d~y of the preceding month. This note shall b~ coni~dered in default when anY p~Yma+t nqvind b b~
` madt hereunder sh+ll not have baa~ m~d~ within thirty days followinp in due date and shsll r~uin in d~fwh until said p~ymtm shdl
f hav~ be~n m~de. Whil~ in defwh, tha note shall b~sr interes~ ~t tFie rate of 10% p~r annum in liev of Ms raq hsreinb~fore sp~cNi~d.
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~ All maken a+d ~ndorsas now w Fwe~fter beoom~np partie~ Fiareto jointly ~nd s~v~ratly wsiw dsnand, notioe of non-paymeM ~nd
~ prot~st, and apn~ fhat in th~ ~vent of default in the p~yment of any insullment du~ h~r~w~d~r the whob of uid irdebt~d+iess sh+ll th~n-
i upon at the option of th~ hold~?. become immediately dve aew! payabk, and if this not~ betorMS in d~f~ult and is pl~ced in tM Mnd~
of ~n ~norney fa aolNction, w p~y naon~bb ~ttwney's fees snd all otha costs fw nulei~g wcl~ colkdion.
j ~ Th8 note m~y b~ pnpaid in whole or in p~.t ~t ~ny rime withovt pen~hp.
• ~ s/ James R. Hedges ~
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; ` s/ Sharon M. Hedges
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!(ihit noN b aecvr~d by • mortp~ of ~ven date axec~t~d bp tl~ maksrs infavw of Comrn~nity federal S~viegi and lwn Assn. of Rivi~r~ deacf~) '
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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 ueated shall cease and be null and void.
AND the Mor~gagor does hereby covenant and agree: •
To wr •n .ne :rq~r ,n. o.;nand .~a ~m«.n «~a ah.. .u~. d .w~a vr•b~e er h.+w or ..~a ao~a.«r rw~. .na ~s mono.q., « .~,h.., v.o~wrh ;
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u~. e.rs ..spc+iveM, an s.me a.v..dy co.+. du.. +
Z to Wy dl and sinqu4r d~e ~aad. a+uss~nena. 1er.cs. hab~lmea, oDlgahoe~s a.~d ~ncumbances of rvery natwe on sa~o wun0ed poperry each and every
,when due and wyaDk xcad~nq w law. befo~e thry becane d~l~narem, and ~f ~Ae same shatl .w~ be wompth w~d tF~e Mw~qagee may at ~ny t:~ne eitlw belore
or at~er d~Lr~rencv wY the same w~~hw~ w~ir~rg p~{IK/~f19 ~he oD~~m a laeclose, w+~w ~~qh~ hereu..Aei, anA eve~v oavment so ~nade shalt ber :nterest }ran
~ rtie daee ~hefeo( at Nee ra~e aor~ded ~n s~id prwnssaY ~ae- , i
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9. To kep ~he buildnp~ ~nd ~!1 ~quivm~+M «+d w~s~+~ P?~~1? ~ww w haeahav on s~id wem:ses, coveeed br rhis wqrtq~q~, i~~d in a sww tl It~tt
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~awl b Nr uep+id b+l~~ 01 Nws ~nwtq~q~, inclodnp f:n, eitwded cwway~ ~nd vand~lism w~d m+lic:ovs insuranc~ as ro poperties oMwr dw~ d~w~INg~. ~nd
f ire. ~atended cov~rp~ ~nd fpeci~l tw~n otl~ Paik insuranc~ on dwelliegs tlpiblt iw such broademd cover_~e - Prw~ded, Aow~v~r. 1lwt wch ieawsrw b~ in
~rno~x~~ wfficl~m b comPM wiM aMr coinsuranc~ r~vuwrements cwrerinq ~ain~ u~d~r ~M laws of dw ;uN o/ ftorid~, and wovided fwtMr N+~t the polic~r a pdiciss
sMll b~ writw~ in • coinprny or conwani~s and dra+9h +n +9~ncy utisiactory to iM Mw?p~yee +nd thn said polic~r a polic~es shdl b~ held bp tM Mortpqw
~nd ah~lt b~w • standard Nrw Ywk MIoAy~~t Claus~ withoul tonaibul7on, nrkirq tM toat u~~ s~:d Pdicies ph/abM fo Me Mortq~pe~ ~s iri inMrst m+f~ ~P~M: i
~ ~nd in t!r ~v~eN any wn oF nwrrr b~ewn~s WVaW~ ui+dw +rry svd~ Pdicp a po~ic:es, tM Mwty+ya~ shall h~r~ f!r oprion ro r~uivr snd ~pWy tM unw on T/y7~ ,
accwnt oi Nr ind~bNdness Iwr~ s~cw~d. or to O~TM~ ~~W~9a b rcn+w and us~ it, ar s~. p~rt d~ataol. /w od~er OurVOS~s. wi~AaN tMr~bY M'~+~0 A
a:nw+:rinY anY ~W~M, li~n. o~ riyM v~d~r and e'p virtw of th's ~nonppr, and in tM ~v+m Hw Mortq~qw does not complr virith ~h:s covwwN. Mr Mor/y~9N ~~\i
mar p4c+ ~nd O+Y fa w~h iraunew, or ~nr o+N tlx~wf, wiNwul waiviiq w ~ibc.tin9 tM oMion ro f«~clow, or ~r riqM Ae?wmder ~nd the f~lf ~mawr ot e~cA
and erwy wch V+rnrm sfr9 b~ iwr+~d'ia~elY dw and pryaW~ and aMll bear inkr~st fraw t1+t d~te M+~reof unril D+~d s~ the raN ww~ded i~ s~id ~wM ~nd byeArr .4
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wiA suc# inMpf ~MII b s~cu~0 b1l rM INn of this w~orlq~9~• ~
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1. iM1 ~at~p». we~r. ~f e~p Na~ dwip 1M ~ae~ Mr~. owd iw i~s di~c.diew, oPV~1? fo~ .~w~wd eI wat~e~ 'rarawqr iwwrewt~ os~+~iM M» ;
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ww~pe0~ ~~cM~d bp 11~ ~wd~nipw~d ow ~ww doN IHr~wriN~. Pup tlw or~~i~~ dw bp r~oww tlrr~of, owd rp~ir~ ~porw~w/ b/ N» vwd~rsq~~d e! A
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~~cb e~ovnM o~ or~ odnont~d by wid wort~oq~w In NN ~r~nt of loil~re bp tIN w~d~rsigw~d b r~Pap soid o~wovnM b wid rwort0e~~, i~rtA }eivr~ s1~aN v~ ~
b~ tew~id~r~d a d~/ouh, owd oll p~ori~:ows el ~M nw~ owd w~wqaq~ rid~ reoard to ddovlt Jiall b~ epplicabb. Oco~ 1
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` S. 1o OK~ni~, cor~it a~vH~r no w~~a, iw~wirw+~nt w dN~r'ar~tion oI aid prop~rty, a+nf? PMt Nww1. ~++d upon N» falw~ of tM ~nortppa b k«P tM
bvildinqs o~ wid pop~rb in qood condtion of rp~i~, fh~ M~orW~VN n~Y d~mw~d tM iwrr»diab r~wir o~ s~id bu:lfiiny+, a~n :nu~~ in tM ~w~ounl of wcuriM. o~
~M inw~din~ rp~ynwnt o/ Nr d~M ha~b'fi suu~d MA th~ 1~ilur~ of tM Mortp~pa b co~plY w~M said d~nw~d d t!r Maep~p~e fa • OKpd o1 thinlr
b~ri. ~11 eoM?ihN a brs~d~ O~ N~ia ww?~9~Y~. ~nd. ~t dN qMion d~ Abrty~qN, imMdiaHh fh~ ~eN'a~ MnwuN oi Wineipd Md inMrwt I~vv~lqr
~~cw~d: ind im~ne~i~t~ty snd withoul notip, tM Mwtppr~ n~ imKfuN pocMdwqs w foncloa~ Mis ~nwtyp~ ~nd rpp~ll fw 1M ~Ppantm~M of • R~n'rv«. n
F~r~ ..~fter pfo~.~dtd- '
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