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TO HAVE AND TO HOtD the same, together with the te~ements, he~editaments and appurte~ances, unro tfie
Mortgsgee, in fee simple.
AND the Mortgagor doet he~eby oovenant with the Mortgagee that he is indefeasibly seized of said land i~ fee simple, ~
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that he ha: fuiF power and lawful right to oonvey said la~d i~ fee simple as aforesaid; that it shall be lawful for the 1
Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is froe
from all incumbrance:; that he will make suth further assurances to protect the fee simple title to said land i~ the
Mo~tgagee as may rcasonabty be requi~ed; that he does hereby fuily warrant the title to said land and will defend the
same against the lawful claims of all persons whomsoever.
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PROVIDED, ALWAYS, that if the Mortgagor shall pay ~nto the Mongagee the ce~tain promissory nots of which the ~
following in words and figures is s true copy, to-wit:
~ ~OMMUNITIf FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIYIERA aEACH +
~~r#~~~e ~o#~
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( Rrv~Ew? e~?a+, FLORIDA September ~ r 73 .
~ ~6g ind~btad, for valw reoeiwd, tM und~npn~d jointly and severdty promise b pay to COMIKUNITY FEpERAI SA 1 AlJ~
tOAN ASSOGIATION OF RIVIERA dEACH ~ off~o. th~ Gty of Riri~ra B~xhi, Fbrida, o. «a.?, ea. ,w~ of FIPTSEN ~~SAN
( AND NO/100~~~~~~~~~~~~~~~~~~~~~~~~~~~~.L.~~w~~~~~~~~~~ ~S~~J o00 00 ~
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~ ropetlw with imen~~ thtreon ~s I+~reinaftt~ it~ted tn monthy instdlmtn~s of One_ Hundred Twenty-Five dI1C1 i
~ 88/100-------~?~ ts 125. 88 t. n~. +k.~ ~+.i~r.~.u e. d~,. «~a wy+~. tenth ~
i d•r ~ March ~9 74 s~+d ~ul~.w~+t uut.~ln~t. sl»n bs a~. .~a P.y.a. a+ d+. tenth
~ day of each ~nd evay wl~nda? month thae~f»r until th~ principal and intsnst art fvlly paid. [
~ l~?ger svms may b~ paid N any fime, but the paymsM of any such IuQer sums in addition to the payments herein rtqviret) sh~U i
, not r~liave th~ mak~rs of ths paymem of the monthly imtallments hereie provided fa, unku it n specifkaly it~pula~ed by tFie malun at the t
~~me of payment thN such la~yer swns ue to be applied ro the adv~nc~ payment of ths momhly irotsU~ne+?b rnxt nwturLy in th~ wdn d t
~ payr~ts m~ upon ~hK not~ shall b~ applied fint ro rht paym~nt of ~ccrued interat and tecondly upon tM prw+cipst.
f tMw dw dates. All
j This obliy~tion shall beu interost from dat~ ~t th~ rat~ of Nine p~? ae~t ( 9. ~ ~6)
i pe. .~+~+wn vnnl t!r P.~nc~a1 and tnrerat ~n fully p~~d.
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~ Interest for ~ac!? ukndar month shall be acuved on the fint day of said month u~d be computed on the vnp~id bala~u of princ~p+l •
! ar+d 7merest ex~sYug w? the Int d~y of tFw preced~n9 month. Tha rate shall b~ considered in defauh wh~n anY p~ym~r?t nquind ~o b~ j
j ~,sde hercund~r shall not haw bc~n m~ within thirty days followinp in ~lue date and shall ?emain in defauh until said p~ym~nt slwM
' Mve ba~~ madc. Whil~ in defauM, th~s note shall b~n interest at ths rate of 10% per annum in liev of the rat~ heninb~fae spec~fi~d.
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All maken and ee+dorsen now or hereafter becominy partia herero jointly and severslly waiw denand, not~ of no~?paymem M+d
I protat, ~nd ay~e~ that in the ~vent of defwh in the paymer~t of a~ryl iiutdlmcnt du~ hsreunder tl+~ whol~ of said indebtedneu sh~ll the~-
i upon at tl~e option of ttw hold~r, bec+ome immediately ilw and p+yabM, snd if this. note bet.omes in def+vlt ~nd is pl+ced in Hr 1w+ds
~ of an anorney fw wlleuion, to psY. reasonable etto?ney's ie~s and all otF+K oosh for m~kFrg sucf~ c~qlltction.
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' Th8 note rtwy b~ pr~p~id in whol~ or in pKt at arhr tiie~e w:thout p~lyr.
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~ I - • - CATAERINE WESTNIAN rxEUti ~
° ~ Catherine Westman
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' (This ~wn e searred by . mo.~
K p+pe af ~veo d~te e:ecwed bp the en~ken ~n faMn. of Community Fed~rsl S+v;np"s and lwn Assn. of Rivier~ deachl
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and shall prompfly perform, com~ly 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 created shall cease and be null and void. ;
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AND the Morigagor does hereby covenant and agree:
~ 1. To wlr afl ~nd sinpul+t t!r pinap~l and in?~rest and otMr swro d rnonh/ pnr~ble bp rira~ of s~id panissory noM and d+~s mwty~p~, a~:t1w. prompNy
~ on Nw dqs r«vK*~veh, d~e aaer sMn11r c~ du~.
~ 2. To P+r ~II and sinqular M~e tsa~s. nsessrnems, lev~e~. I~ab~t~~~es. obLqa~~a~s and ~ncwnb~nces o{ ~ve?y ~aMe on sa~o oescr.bed M~~ty exh ~nd every
~ «hen due and par+ble xcad.nq ro law. be/ore rher becane dtl~np~.,ent, ~nd il ~he sa.ne shall nor be woreP~ly paid rAe Mortqsqee mar ~t anp t~me either befwe ;
~ st~ dehnwcncv wr ~he sune w~~hpA wi~v~nq a•Ifec~~ Me t~on w laeclox, or ~n~ ~~qht Arev~der. and everr WY~t w made shal) btar interest (rpn
~i ~~e da~e Mercof the rne pov~ded said p~amssa~ no~e. -
To kep th~ b~ild"inqa ~nd all puipment and p~rsaMl propertY now a hNe~/ter on ssid p~em~ses, cowed by this wwrty+q~, imw~d in • swn tl iast
e4w1 b Nw unpaid ba4nc~ of this rnorly~y~, includnp fir~, ea~ended cover~qe ~nd vsnddism and maliciovs insw~nce » b popert~es o~M~ dyn d*r~~linqs, and `
fire. u~ended cov~ry~ and speciil !wm aher perih irowanc~ on dwellinqs ~liqgbb fo~ s~+cA bo~dened cover,.~e - pw~ded. Aovwve*, tMt such insut+nc~ b~ in ~
~marnt su((icient to cw~w~r writh any co-iew,r~erc~ ~~quirunenb coverinq same unda ~M I~ws of Mr ~t~t~ of Ftwid+. ~nd wovided (urtMr eh~t the vdicq o? PdrcMS ~
y iMll be wrin~n in • comp~r a cw~aniei and thra+yh an ~pa~cY s+tisfacwry to dw Mortq+yM ~nd ~h+t uid policy w polides shdl b~ iKld b~r rM Morty~yw ~
a~d th~tl bur • ~und+rd N~w Y«t J14ortp~yN Clsix~ wi~han c«uribv~ion, m~kieq fM Iou ~wde+ sa~d pol~ci~s p+y~bM w tM Mwly~pw e ib inar~at map appear:
and in tM ~v~m ~r swn o( tic:ts, the Abrtq~ge~ shalt !vw dr option b rwiv~ and apph IM fxn~ on
~~f/ b~co/n~s PM~bb ixdu ~r such pdiay a po ~
acco~w~t oi rhe ind~bqdneu Mr~bp wcvr~d, a w p~rmit IM Mort~9or b receive and ose it, w ~ny pirt fl+ereof, tw oNrr purpos~s, withaM tlwt~by vvsivin9 ~
«~o+~aW +~ll ~W~h~. INn. w riyM uada~ and by virtw of N~is inwtysqr, ~nd in ~he event ~he Mw~q~qw does nW- comply w~~h drs tovwwd, tM Mbtq~~
~ ~,ay pt~n w~d pay fa wch insw~, a+n1r pxt ~w~o1, witFwut wsivinq a aff~cfinp rM opt~on to fa~close, a anr riqht F~e~evndn ~nd the fi.ll amaim' ef exfi T
anC ev~r~ tud~ papm~nt sMll b~ i~a~tly du~ and phr~bb ~nd shall bear inlerest fran tht d~M ~Mrawf umil paid ~I ~he raM Wovidd in said iwN snd toy~1lfw A;
~ wit4 sucA infaest alrll b~ t~cw~o b~r 1M Iwn d tM rwwly~y~. v~
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~ 4. TMf ~ertOo~~. ~ep. ot aqr 1iw~ dwip /A~ wsA~o~ t~rw, ewd i~ iM d'acntie~, ePP~1 ~ r~w~wd o( ~wtOo~ y~wr~wlp iww~e~+ cNwiw/ NN v'
~;5 ~tyo0~ ~:~crt~d bp tA~ ~wd~nipw~d ow ~~w dob I~rNilh, pap th~ pnwiwn dw br ~~aww tlwr~of, awd fpY1f~ r~pop~wf bq N» ~~iow~A ef ~y~
sucb ow~arwf~ m or~ oAvoeced bp wid ~wtYaqe~- In tlw ~~~M of (oilur~ bp tM ~nd~npeed b r~Pay soid owov~k b wid iworpoON, wd f~~~r~ ~A~M W
~ b~ cowaid~r~d o d~fouh, osd oll prolsioes d tA~ sof~ owd wortpoq~ ~~fh reywd ?o ddo~rh sbaN b~ epp~icoW~. ~ ;
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~ 3. To oMmit, conr~wr or wNa no wuq, imP+hwrnt a dN~rio?~tion d~aid propa~r. w+RY v+~~ tMrw~. ~nd uo~ ~M iaih~ra of q» rnxt9apor to kNY ~ ot0
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!wi{dinq~ on s~id propwty in yood <onditioe of ?~v+ir. Mr MorW~O» ~nw d~w~w+d tM inr~efiiae~ r~wi~ of aa~d bo:ld~nqs, w~n 'vwea~ in th~ ~nww~t ol a~c~riry, o?
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eM i~disq rp~y~mm d tM d~b~ hsr~bp ~~arnd •~nd th~ f~ihw~ d tM 1Natq~Ya w earoM v~iM said d~nrnd d sM Mwty~~t fw a pirioa of Mi~Y
~ darr, shall consrirv+a • MMCA of Nw~ mort9pi. ~nd, tl th~ opKon ot ~M Mwty~yw, im~d~~hh ~tun Nw «wk~ inwunt of P~~q~ ~nd inNn+t Mr~b~ll
~ ~~c~.ed, ~nd im.nedianly ~d witi~out nM.iq. 1M Matp~pw i~rr MuliNN procMdinqs b(a«loa~ ~his nwity~q~ M+d applp fa IM ~ppo~ntm~nt of a Rec~ive~,
hrc~^.efte• ~av,~ed.
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