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HomeMy WebLinkAbout0150 ~ _ . - • TO HAVE AND TO HQt~ the aame, together with the tenements, hereditaments and appurtenances, unto the Mwtgag~te, in fee simple. AND the Mo~tgagor does hereby mvenant with the Mortgagee that he is indefeasibly seized of said land in fee simple, that he has fu11 power and lawful ~ight to co~vey said land in fee simple as aforesaid; that it shall be lawful for the Mortgagee at all times peaceably and quietly to ente~ upon, hold, occupy and enjoy said land; that said la?~d is free from ell incumbrantea; that he will make suth further assurances to protect the fee simple title to said land in the Mortgagee as may reasonably be required; that he does hereby fully war~ant the title to said land and will defend the same against the Iawful slaims of all persons whomsoever. PROVIDED, ALWAYS, that if the Mohgagor shall pay unto the Mohgagee the certain promissory note of which the following in words and figu~es is a hue copy, to-wit: ~ E COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACFI f ( ~~r#~tt~e ~p#e r RIVIERA BEACM, fIORIDA SePtE.'I[IbCY' i9 73. ~ ~ 6~a~p indebted. for vd~e receiwd, th~ w~de~sipntd jointly and uvcralty promiu te par !o COMMUNITY fEDERAI SAVIN~S M1D ~ tOAN ASSOCIAiION OF RIVIERA BEACH ~t its offio~ in the Gty of R'wie?~ Bexh, Fbrd~, ~ ordsr, tht swn of ~TY T~'IDUS~ ' AND NO/100------------------------------------------ ~ ~s c~20,000.00 ) ;?~+n.. w~th u~?~;~,r~~. .~.~~a ~+~h~, «~ai~,.m. or One Hundred Seventy-Two~ and 31/ ; 100----------~s K 172. 31 the fusr ieutellmeet shall be dw and pay~eM on thc tenth i ; day of MdrCtl 19 74 and subsequent inst~llmems il?~II be dw and payable on the tenth _ ~ dsy of e~ch and every ukndar month ~hertafter i?ntil tM principal and interest ~?e fvlly paid. ' twper aums may b~ paid ~t any time, but the payment of ~ny iuch larger sums in additioe~ ro tM payments herain required shall ' rar relieve the mak~rs of tht paymcnt of the monrhly inststlmn?tt here~n p.ovidcd fw, unku it is specific~tly st~pulated by tKe mak~n ~t the ~ r~me of payment that such Iaryer sums are to be +pplied to the ~dvance psyment of the monthly inst~llments next maturing in the orde~ of ; the'r du~ dates. All payments made upon thK note shall be ~pplied fint to the p+ymsnt of acaved interest and secondly upon tFw principaL Th~s oblgatan sha11 be~r ~nterest from d~te st the ..n of Eight 8T1C~ four-tenths w~ ~ c 4 per annum until the principal snd interest ar~ fvlly p~id. Inrerest fw each c~kadar month shsll be ~cuucd on fhe first day of sa~d month and bt computed on the ~npsid bafance of principal !+nd inrcrcst exat~ng on the lut d~y of the preceding month. This note shall be considcred in def~ult wher+ ~ny payment req~?ired ro b~ ; made hereur+der sha~~ not have been mad~ withi~ thirty days followinp its dve date and shall rsmain in defauh until said paymem sh~ll Mw been made. While in default, th~s note shall bear intereit ~t thc r~te of 10% ptr annum in lieu of th~ rate hersinbefors_ specifi~d. All makers and endorsers now or herc~fter becaning partia hereto joimly and severally w~ive denand, notice of eon-paymem and p.orat, u~d syree tlut in rhe erent of defavli in rhe pa~rment of any instatlment due F+ereunder rhe wholt of said indebtedness s1uU there- upon at the optiw+ of the hold~r, become imrnediately du~ and payabk, u+d if tfiis note bcoomts in default ~nd K pl~ced in tlr Mnds ; of a~ anorney for wlleuion, b psy reao~abk atrwney s fees and all otMr cosn for makirg such cdkction. { This oote may b~ prepaid io wiwl~ or in pan ~t any~~inr withovt pen~hp. - . ' ' ~ S/- ---ROBERT_ A. _ HRON --------ls~?u ~ ~ ~ ' ~ ~ Rob~ rt A . Hron f i ----___-----------cSE/W : ~ , I ' --------------(SFJ?U ~ i ` ' - (3EAL) 's € ~(This nme 's secued by a morfy~ oi even date execwed by the makers Ms .'rro. oi Community Federi~ Saving's ~nd toan /tssn. of Rivien Beachl a @ i ~ ~ and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and ~ cove~ants of said promissory note and of this deed, then the estate hereby created shatl cease and be null and void. ~ AND the Mor~gagor does•hereby covenant and agree: ~ ~3 Ta pap afl and sinq~lw tM pinc:psl and internl and aMr sw~a d money wr•b~e by vinue of seid pomissory note and M+s morty~q~, a~ithe~, proaptly c~ rM e4p+ ~esp~ctiveh, s!w same sev~r~tlp conr du~. ~ • ~ ~ 7. To qy all u.d s~nquls~ ~he ~~aes. nse~smen~s, lev~es. I~aMl~r.es, obl~qanons ~nd .~cv..:brancn of rver~ narvre on u~a aexnbed propeiry exA and every _ - ..hen dve and wy+bte xcad~nq eo I~w. bef«e rhey Eecome del~.pue~~. md rhe same sA~ll rror Ee p.wnp~ly pa~d fAe Morryaqee may ar any f~me eirher befae ~ ; +(K• ~I~~Mr wr d+e same w,~how w~~.~rg p iflKhng ~Ae op~~en ~o faeclou, or ~nY nqM hereu.+der. and everv wY^~em so made shall besr ~nre~es~ from - ~'e da•e rhe.eol at rhe r~re Wov.ded ~n s~~d pom~sswy note 3 to kep the build~nqs and all pvipment p~rsond poperty now a here~fter on said . prmiscs. cov~+ed by tAis mwtgsg~, ir~sw~d in • swn N Mast e~wl ro tM wqaid ba~arue of fAia mortq~q~, inclvd~nq fir~, tatended coveraqe ~nd v~ndalism and malic~ous irswance as to poperhes othir fhan dw~llirgs. ~nd ~ f,re. eitended coverye and apecial fam aMr perils irow~nc~ on dwetl~ngs eliqible fw such Drosdened cwer_ ~e - prwided, however, fMt s~cl~ iro~xanc~ b~ in ~ ~m«H+t tut(icient to comply wiM any co-insw~nc~ rpui~emenfs cove+iny sarrr und~r eM laws of,tM ,tat~ of Flwida, and pov~ded ivrMef that the 1' = sMll be wrinen in • cor~pamr w canp~erts ~nd thr a+9h ~n +9~~ct sat~ifx~ory to ehe Morrqspee ~nd ~Fr~ said policy w o~~c~es sArll D~ heW by N» Monqs~ y and aMll btar • su~wlard New Yak Mortya~e Cl~us~ wiMw~ contrib~?:on, makinq Me loss ~rder said poLcies psY~ble ro ~he Mutq~ye~ u ih im~rest miy ~ppex: ; and in tM erent arryr sun of mon~r beco~es P+Yabl~ • w~ snp wch PdKl/ a po~icies, tAe Mwtg~qee sMll Mve tM evtion to r~ce:v~ ~nd applr IM s~m~ on - ~ acco~wN of tM indab~~ss hereby sec~red, or ro p~rnrt ~he Mort~qa to receiw and ~se ~e, a srry part Nr_reo1. Iw oN+er qwposes, witlw~w tMrebp wiivieg «~v+++M9 +~Y ~P+~h. o~ r:9M ~wria. and by viAw o1 Mis mwtp+9r, and in +he evmt the lYbr~qiqor does not canDb with Nws covsn+nr, fht Mwtyage~ ~ - ~+~ar D~+~e wd p~y far such i~n~w~nce, a~e~y Wr~ Mneo(. wiN~wt w~iviny a~ffM~ny tM option to faeclose, or ~nr riyht hereamder ud the full ~mas+t of e~ch ° ~ snd e~rwy sud~ paym~e~t shall b~ imw~diatclp due ~nd phraW~ and ah~ll bear inrera~ fran the date tAereof until paid at ~he rste provided in said noM ~nd toye!!~ w~t? stRl~ intMpe aMll b~ sMnW bY Iht INn d lhis inwtp~qe. ~ ~ - . ~ 4- TMI ~otfY~YN, iwp, e1 wp tir dvri~q /A~ ~wrfqo~ Nr~, owd ie iM diur~~iow, opply fo~ r~d oi worlYo~ Ynorewlr iwwrowc~ cewrin0 11» /w~~ : ~ ~w?qp~ ~:~tN~d bp 11N vwdenipn~d oe ~wn doM Mrewi/A, pop tbe prewiv~n dw bp rwww tlwr~oi, owd rp~in repap~wt bp fAe rwd~niOn~d ef ~ ~ucl~ o~wnfi m ar~ odvanced bp toid wwlpopN. In the ~renl oi (a:lvre bp th~ und~rsiye~d to rapop wid a~nb ro wid iwort~opN. wcA fei~n ~bp ~ ! b~ coasid~r~d o d~lovh, oed aN provisiows o! N~e ~o» ond ~ort9ope w~th repard to d~fovh sAall b~ opplKObl~. ~ A~ ~ '~:i S. To p~rin:f, cannuf a wflM no w~st~, imprir~nt a d~t~rior~tian o1 uid P~~tY. a any P+~t tMr~o}. ~nd vpon Me /ailw~ of rM mu~q~qw ro keep tM ~ M,ildings oe~ s~id popKty ie pood ca+dtion of rpiir, fM Mortp~qt~ ~y d~nd tM omnediHe rep~ir of uid 6~ilE~.qs, a~n~incr~~s~ in t!» aTO~nt of wcwiAr, w G H» imr~diaN rp~ym~m of dr deM hereby seawid snd dr i~ilur~ ol th~ AAwtopw a' co~nply w~M s~iA d~rn~nd d tM Mortq~qe~ ~or a qriod of tAim (3p) ~ d~r~, sh~ll ~onstirvt~ • br~ad~ d Mrs mortq~p~. ~nd, tl Nr ov~ia~ 01 tM AAwtq~pe~, i~duNly ~tw~ tiw ~ntin ~mouM o/ princ~0~~ snd innnat I+ar~b~l 4: s~cu.rd. ~nd im~e~~~Nty ~ wilhorl nofiq. IM Mweq~p» reyp imtilvN proc«d~nqs to Ior~clw~ thii rrmatyp~ and pptp for 1M sppoinfn,e.+~ oi s Rec~ive~. ~s Fe~e~-~~(~cr ~+e.:dra - k,~ ~~:?r . . . .