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TO HAVE AND TO HOtO the same, together with tha tenements, hereditamenta and appu~tenances, uMo tfie :
Mortgagee, in fee simple.
ANp the~Mortgagor does hereby covena~t with the Mohgagee that he is indefeasib~y seized of said land in fee simple, %
that he has full power and lawful ~ight to oonvey said land in fee simple as aforesaid; that it shall be lawful for the ~
Mortgagee at all !imes peaoeably and quietly to enter upon, hold, occupy and enjoy said land; thst said la~d is free ~
from all incumbrances; that he will make such further assurances to protect the fee simple title to said land in the 1
Mortgagee as may reasonably be ~equired; that he does hereby fully wa~rant the title to said land and will defen~ the i
same against the lawful claims of all persons whomsoeve?. 4
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PROVIDED, AIWAYS, that if the Mortgagor shall pay unto the Mortgagee the ce~tain promissory note of which the ~
following in words and figures is a true copy, to-wit: ~
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COMMUNITY FE~ERAL SAVIN~'s5 AND LOAN ASSOCIATION OF RIVIERA dEACN
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RIVIERA BE/1CM, FLORIDA ALICJZ1St ~ ~9 73. ~
d~in~ indebted, fw valw recsiwd, th~ ww4nprnd joir+tty snd sev~rally prortiw w p~y to COMMUNITY FEDERAI SAVINGS AND ~
IOAN ASSOCIATION OF RIVIERA BEACH at its offia~ in the Gty of Rivie.a Be+ch, Fbrida, w order, th~ sum of 'j'~j~j'j'Y-'j'WQ
THOUSAND FOUR HUNDRED AND NO/100--------------------- ~s ts22,400.00 ) `
ropetlxr with in~eres~ rFweon n hcrein•fie. s~~red in monrhly irof~llm~ms oE One Hundred Seventy-'~n10 3I1C~
89/100------- DOl1ARS cs 172. 89 tu.~ i~~.u~nem sh.u be d~. «+d psy.ba ths tenth
day of September 19 73 aed subssquent inst~llments shall be dw snd p+yabl~ on the tenth
I d~y of each and svsry ul~nd~r month ~hen+fier until tM pr~ndpal ~nd intcral u~ fully p~id. ~
j t~rgcr :ums m~y be paid at any time, bW the payment of ~ny such larger sums in addition to tF~t payments herein rpuired shall #
I rot nlieve tfie mak~n of tl» paymeM of the momhly instslkner?ts herein provided iw, vnless it is specifically stipulated by the m+k~n at tIK ~
I r~me of p~ymc~t that such lu~e~ sums are to be appl~ed to the advance payment of the monthly instsllments n~:t m~twiny in the order of
~heir due dates. All payments mad~ vpon fhK note shall be app~ied fint to the paym~nt of ~cvued intere:t and s~coedly upon tl+e p~incip~l. s
Tt~is obl'~yation shall bear interest from date at the r~M of Eight PK 8
( pe~ ~nnum until ths principal and interest an fully paid.
Intercst for each ukndar month shall be sccrued on the fir:t day of sa~d month u+d be cemputecl on the unpaid balana of princ~pal
and interest exisring o~ tfie lut day of tM preceding mo~th. This note :hall be tonsidered in default wMn any p~ymtnt rsqu~red to be
made herevnder shsll not h~ve be~n madt within thirty days folbwinp its due datt ~nd shsll rsmsin in dehuh until s~id p~ymem sh~q ~
~ Mve been m~de. Whil~ in dsfault, th~s note sF»II be~~ intersst at the rate of 10% per annum in lieu of the rat~ her~inb~tae specifi~d.
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All maken and endorsen now or herea4ter becomirg putiet hereto jointl~e u~d ssver~lly w~ive da-und, notice of noirp~ymem and
protest, and ayre~ thst in the ~vent of default in the p+yment of any iust~llment dus hereunder the whok of ssid iodebt~dneu ihall thers-
upon at the option of the holder, become imiriediately dut and payabk, u+d if this note becornes in default ~nd is pl~ced in the Mnds
of an attwney fw oolkdion, to pay reason+hle +ttornel~s fses and ~II other oosrs for mak6g such colkctia~.
' ( This n~e may b~ pnpaid ie whok or in part at sny time withart psn~Ny_ .
~ S/-----ROBERT L. BELLO i
€ Robert L. Bello ;
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~ _T__. BN(~F.T.A BELLO ~__~_~.__~.~cs~?u ;
~ An ela Bello ~
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~ (This note a sea~ed by • mat9ape of even date execvted by the maken Cn favor of Comrtwnitp Federal S~vinyi ~nd Lwn Assn. of Riviera Be~d+? >
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~ 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 Mor~gagor does hereby covenant and agree:
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~ - 1. To D+~ dl ~nd sinqui+r ~I» pindpal ~nd imaest snd othw su~ro of ma,w wrabie bp virtue of a~id prom~ssory oofe snd M~s mwty~y~, a eiHwr. W~P~ :
on ~M dm ~~sv«tiveh. Mr s~nt s~va~lly conr d~..
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~ 2 To p~y ~11 and a~ngu~x ~he fiies, assessmenb, le•~es, t~sb.tir~es, obl~qaf~ons and ~~cwnb.ances o! r.rcry narvre on sa~o oescnted poperry exh and every ;
~ whcn due and payaAle ~ccord~nq ~o law. be(ae they bcco.ne de6npuent. a.+d if ~he ume shall no~ be prompNy pa:d the Nbrtgayee maY at any f~me e~eher belat ~
~ a at~ deLnq~encr pay ~he same w~~Aw~ waiv~nq a af(ecnnq the oo~~on ~o foreclose. w anr .~qht here~nde., snd everr paYmem so made shall bear ~nterest (rom ,
~ fRe da~e rhe.eol •t rhe ra~e pov~ded ~n sa~d p~om~sswy note.
3. To kep fhe buifd~ys ~nd ~tl epuipmcnt ~nd p~rtonal poperty now p heres/ter on said pemises, cowed by f1~is r~atg~g~, irnured in • swn N least •
- tqwl Io Mt unpaid b~4nc~ 01 Mis mwty~y~, inchtdiny fir~, e:teewfed covetaqe and v~nd~l~s,n and malic:ovs imwante as b paperties othe? th~n dwell:nyt. ~nd ,
` i~re, eatended covwsy~ and specisl fo~m orher p«ils ieuwsnc~ on dwstlinps eliqible for such bwdened cover_~e - prov~ded, howwe?. that wd~ i~wanc~ b~ in ;
•~na~nt s~+i/icient ro comply with ~ny co-i~w~nc~ rWv7reinenb coverinp sam~ widK rhe bws of eM ~~at~ of Flaid+. +nd provided iwNKr th+t the policy a policiu ~
alwll be wrin~n in a canp~nr a comp~nies +nd. tlxaryh ~n ~9eecY satisfactory to tM Mo?tqspes wu! t1~at uid pelicy w polici~s sAall b~ I+~Id bp tM Mwpsyee
. ~nd sh~ll bir a sundxd New Yak Mortpayee Clws~ withan contribn:on, mskinq the bas w~der wiA pOIKiM piY~I! 10 N1t MO~fQiq~~ M iri imNnt mry appex: ~
and i~ tM event arry swn of mw~ey becanes O+Y~bb urd~r +nY svcfi Policq w M!ieia, the AMrlqages shall Aaw Mr ePtion ~o rec~:v~ w~d +DD~r tM sam~ on ~
ti; xcount o} ~M iod~bNdness Aeieby secwed, w ro Pa~1 th~ AAoAp~yot to rec~ive and use N, or a~y put d+ereoF, fa oMror DwP~~, withwt d~n~bY w~mr+9
«~D+wm9 MY ~~Y, lie~, w rigM ~wwler ~nd M vaM of fF~is ~nat9+9e: and in the eveM tMe Mwtq~qw does not canply wi~h M:s cov~n~nt, fM Mort9age~ ~
~ ~++Y Olx~ ~nd Wy fw wch 'w~s~:ranc~, a anv P~ ~~1, witl~w~ w~ivinp a ~ff~ctog tM evNon to fa~cbu, a~ny riqht her~w~der and the full amoua of e~d+
~ ana evwr svd~ psrm~nt sMll b~ ~ma~dstely dw ~nd payable and ah~tl ber in~erest fran the d~te thercof unril paid at the ~~~e povided i~ said nob ~nd bpe~fier ~
" wiri wd~ irnerest shall b~ stcurw M tM INn of M~is ~wrtqay~•
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4. TA~f ~orqo~~, wep, et awp 1i~ drriwo fl» ~orpo~ Nr~, oAd ie iM d'ncr~tan, oPpl~r /or r~w~wd of wwbo~ O~wraury iwwrewc~ cew?iw0 11» ~
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~wfpo~ ~:~cY1~d bp 1M ~rnd~rapn~d on ~~~w daN h~r~wifi~. pop tM prewiuws dw bp r~oson tl»reof, awd r~q~in ~eporw~wt bp 1h~ ~wd~nipw~d of ~
~ srcb o~ornb o~ or~ od~ronced br wid wwqop~e. In the e~tnt of foilurl bp tlh und~rsipeed b r~pop wid owovnH ro w~d ~orlyo~~, arch I~ilvr~ ~hdl
~r! b~ contid~r~d o de(avN, ond dl p~ooi~ions of ~M woa owd wo.~yop~ w~tl~ reyo.d ro d~(auN sholl b~ oppllcobl~. ~ ;
~ AA[~ ~
S. To p~rmii, coe:+m~~ a svffa no «asN, imW~r~nf w d~teriwaron d~aid orap~rry, a s~+y p+.t iMr~of. ~nd upon ~1N f~ilur~ of d» ww.tyaqo? to k~ep M» !
b~ildinqs on a~id pop~rty in 9ood eondtian of rp~ir, tM Matp~pN m~ d~nd tM ierned~~n ~~M~r o1 s~id Duild~ngf, o. ~n incr~~ in fM 01 Ncuriry, a .
rh~ ~wwrrdi~h rparnrnt o1 th~ d~Dt Fwebtr aecwed +nd tM bihrr~ of ~M Mortpapw a carofy with uid d~nd d tM MlortpapM fa • qriod d tAiry (30) 'a
- d+v~, shall const~wM • br~ach d this ~nwt9~9~. ~nd, .a rh~ uotion of Nw Mwtyayw, inwned~leh marwe tl» ~ntin ~mou~a of o~:nciw~ ~nd inNr~s~ l~~bp ~
tecur~d, ~nd im~+e~~~hlv ~ withwA nofic~, tM Mor~y~y» ~y imfifvM pocMd~nqs ro for~cbs~ this mo~ry~q~ and ~pplp fa th~ •ppo~nt~nvnt of ~ Rec~~~e.. n
Fere~-~fte~ C~o.-.~ed
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