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TO HAVE AND TO HOLD the :ame, togelher with the tenements, hereditaments and appurtena~ces, imro the
Matgagee, in fee simple.
AND the Mortgagcx does hereby oovenant with the Mortgagee that he is indefeasibiy seized of said land in fee simple,
thal he has full power and lawful ~ight to convey said land in fee simple as aforesaid; that it shall be lawful fof the
Mo~igagee at all tirr?es peaceably and quietly to ente? upo~, hold, occupy and enjoy said land; that said land is free
from all incumbrances; thst he will make suth fuhher assurances to p~otett the fee simple title to said land in the
Mortgagee as may reasonably~be required; that he does hereby fully warrant the title to said land and will defend the
same against the lawful claims of all persons whomsoever.
PROVIDED, ALWAYS, that if the Mo~tgagor shall pay unto the Mortgagee the certain promissory note of which the
following in words a~d figures i: a true oopy, to-wit:
~ COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCtAT10N OF RIVIERA BEACH
~~r#~tt~e ~o#~
~ ~ arviEw? e~?a+, Ftort~~~ September 73.
,
I ~inp indebt~d. for v~lw receiwd, th~ w~dersipn~d joiotly snd severdly prom7s~ to pay to COMMUNIiY FE~ERAL SAYINGS AND
IOAN ASSOCIATION OF RIVIERA dF.AACN ae m off~ae in ~he Gty of Rivie.~ e~~ch, Fbr~da, o~ «der, d+~ swn oi EIGHTEEN THOUSAN
~ THREE HUNDRED AND NO/100-----------------------------~~ ~ lg, 300. 00 ~
i tope~hK w;rh inro.est ~haeon ~s h~re~n~N~~ at~ted h monthy init~qmrMs of One Hundred Forty-I''OIIr' 8T1C~ 91~~.~
;-------------oouwRS cs 144 . 91 nK r~.~ a,~,u~t .MU b. d~..~ P.~,.bk a+ ~ tenth
~ •
; a.,, o~ November ,q 73 ,nd svbseqwn, ;,u,dM~+„ s!„n b. du. ,,,d P,,,,W, a, th~ tenth
! d•y of each ~nd every ukndM month fhers~fia ~rntil +h~ prk~apal and inra~t an fully paid.
l~rper sums may b~ paid at ~ny time, but ths payment of any iuch 1~.9er sums in addition to tM payments h~rein reqvi~ee! shall
~ nm rel;~ve tf~e mak~n of ths payrn~nt of the momhly instsllenenn here~n p~ovided fw, unku it h specifically stipulated by tM m+ken ~t tl+e
; r~me of psyment that svch luyer sums ~re to be ~pplied to tl?e advance psyment ot the monthly irotallmcnts next matwiny in 1he ader of
rhei~ dw dates. Ali psyments made upon this note sh~ll be ~pplied fint to the payment of acaued interest and :econdty ~pon tM princtp~l-
Tha obli9ation shall bc~~ interest from dat~ at tlK ~at~ of Eight & three-tenths pu aM ( 3
j per ~nnum until th~ princip~l and interett an fully paid.
I Interest fw ~ach ukndar month slull be scvi?ed on the first day of i~id month ~nd b~ computed on the unpa~d bal~noe of prindp+l
i and imerest existiny on the last day of tl» preceding month. Tha note shall b~ cons7dered in defavlt when any payment nquind to be
; made here~nder sh~ll not have been madt within thirty days followinp irs due date ~nd shall remain in def~vlt until s~id payment sMll
have be+n m~de_ Whik in defauN, rh~s note sh~ll t»a~ inter~st a~ the ?s~e of 10% pe? annum in liw of the rate hertinb~fw~ specifid.
All maken and endorsen npw w hereaher becominp partia heceto jointly snd ssverally w~ive densad, eoY~ce of noi+~p~ymtm ~nd
' protest, and apre~ tMt in thr went of defwh in tf4 p~ymcnt of ~ny installment due hereund~r the whole of said irxlebtedness shall then-
i upon at tl+~ option of the hDrder, becolne irnnwd'utely dv~ ~nd payabb, and- if this note becomes in dsfavlt .~nd is pl~ced in tlr hands
i of ~n anorney for colkction, ro p~y re+son+bk ~ttaneys feea and all othK costs fw maki~g a~ch colkction.
I . - . .
! Tha n~e m~y b~ prepsid in whol~ or in paA +t sn~ rime witAout pen~hr-
i . ~
~ ~ . _ [~FRSnN MAT.('_nT.M pF~y _~_~Ap
E j _ u_ Gerson Malcolm Perry
i
3 , -------~'RANCES TERL P$$$y_._--------~`q :
~ 4 Frances Terl Perry ~
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; ~(This rots 's secued by a nwrtyapt of even date executed by the makers ~n frvor oi Commw~ity feder~) Saving's ~nd lwn Assn. of Rivien oeach)
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~ and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and ~
covenants ot 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 mvenant and agree:
~ t. to wr all «~d s'v~pulr t1r principd ~nd intuesl ~nd olh~r suma of money par~Me by virhre o/ ssid promissory note and rhis mort~qe, a ~ifMr, proapNy
~ on ~M dqn .~sv~ctiveb, rM s~ne t~vrr~ly caw» du~.
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Io qY ~II ~n6 unq~lar tMe liaq. assessments. 1ev.es. I~abif~ties, obLq~t~ons and ~ncvmbances of rvery ~~rure on sa~o oeunbed properry exh and every
~ ~,he~ dve and wraEle ~ccad.nq ~o law. be(«e rhey become del~na,en~. and ~f ~he same sMll no~ be p.ompHy pa~d ~he Mor~gsqce may ar any t~me ei~l.n bc/ore
atu~ deLnp~ency p~r ~he aame w~~how waw~nq a~f/ec~~nq ~A~ opr~on ro faeclox, a anY nqM here~Tder. ~nd everY WY~~ se rn+de sMlt be~r ~nteres~ fion+
~tir da•e rAe.eo/ a~ rhe ra~e pov.deA ~n sa~d pom~sswy note.
To kNp the bvildinp~ and ~II eyvipment ~nd pason~l prop~rty naw a here~(ter on said Wem:aes, co.rwred by this inortqaq~, iroured in a swn ~t I~~st
~ eqwt ~o tM unpa~d b~l~~ of Mis mwtp~q~, inchid:nq i:r~, eaNnd~d cwe~age ~nd vsnd~l~s/n ~rd mrtiuous inswance ss to properties othw N+an dwellinps, and
_r fire. eatended covuap~ ~nd specisl fwm oth~r perik iesw~nu on dwetlings ~ligble fa such bwden~d cove~_ie-po'v~ded. Iwwever, thaf wch i~a~x~nc~ b~ in Q
~ •mMM~t fYIfKiM? f0 comply with ~ny co-iiawanc~ rp~rireinems cwer:rq s~m~ undN tM I~ws of the ;aa of Florida. ~nd pw~ded fur~Mr tlwt tF+e poliqr or policip ~ j
~hall be nnitNn in • compsny w ca~wa~~e+ and the p+pee ~p µp~9~ ~ s
~ aqh ~n p~ncr s~tislac~ory fo the Morf ~nd tM~ u:d polia~r or polici~s sMll b~ held t!w
:3 and ~11 bx • st~ndrQ ANw Ywk MeAp~yw GsuN wid~ow Eentrib~t:an, m~k~nq N+e loss ~w+de~ sa~d pot:cies pay~bh so rl,~ Mwtq~p~~ a ifs inw~st aup appear:
and in t!w event any wm of mwiey b~cornn pap~bl~ ur~ ~r wcl~ policy w potie:es, the Mwtgaqe~ sMll Mve tht option Io r~ce:v~ ~nd applr 1M tam~ on
~ xtwm of ~M ind~bMdness her~by s~cw~d, w to p~rmit tM Mor?y~yw b receivt and use it. w ~ery psrt tANeof, fo? other purpos~s, witlwuf fMnby w~ivirg
Y qaqar don not coTpM with ~fhis cowrwU, tM Mortq~qM ~ ~
~ a M+P+~+~iW +~Y ~W~h, lian, a ri¢u undar ~nd by virtw o! this mwt9+9r, ~nd in tha ev~nf the Mwt ~
~+ur PI.c~ and paY iw wch inawr+ce. a r~y p~r~ tlrrw/, wid~ov~ w~ivirp a~H~ctinq ~M oaGon to fa~clw~, w uy riyht ?wew~der ~nd the f~ll ~rnaw» e/ ead+
~ snC evwy sudi piymw~~ shall b~ inrmd~tth dw and payabM and ahdl bear interast fran ~M date thereol unfil p~id at ~Ae rate prarided in ssid noh and toqdFw~ ~
k, witM tutA inMM sh~ll h~ Htw~O bY tht INn of 1M nwrtg~y~. ~
~ ~
~ iA~t wapo~~. ~wp, e1 a~r ti~ d~riiq tl» ~w10o~ M~w. oud in i1s discr~taw, epplp fw r~wwrd of ~xtpo~ YvaraMr iMwwe~ cew?i~M Nw ~
~ rwo?tOp~ ~z~urt~d by 11» ~~nip~~d ow ~.M doN Mr~~riN~. Pop 11N pr~isivan dw bp rwsow fl~r~ol, owd rp~ir~ r~pop~f bp 11» w~d~rsiPw~d el ~O
sucA o~woe~ m or~ odoonc~d bp soid ~or~yopN. In ~A~ ~wnf of foil~re br tM vnd~nqn~d b r~Oop foid o~ovnb b said ~o~tyopN, soc~ 1~ilw~ sholl pqp
~ b~ cowsid~r~d e d~foofl, owd dl Prori~iows of tM woN owd worpoq~ vitA .ep«d ro d•foYlr sAoll b. opplkobl..
~
~ S. To p~nnit, co~nnwr a suf(w no wuq, imprhwrm p d~Nrior~~an d wid orop~rty, or any wrt th~rwi, ~nd upon ~M }~ilw~ o~ tM t
~na paoor b .kep tM
bvitdirps on said popaty in yood ca~dition d~p~i~. 1M Abrty~q» ~r dMn!nd tM imn~dia~~ rp~ir o1 s~id b~~ld:nq~. w an inv~~ in tM .~amt of Ncwi~y, o~
~ tM imw~di~N nqym~m ol 1h~ d~b~ ha~btr s~cvpd ~nd tM i~iluq d ~M AAwtpaqw b conwly with uid d~nd ot tM Mwt~q~e Ior a pwiod of thi~ry (70) ~
c4rs, fhall eaeutiwt~ • br~ad~ d dw~ mafq+0~, and, a eM opt:on o1 ~M~ Mort9+vN, im~d~~Nh nMtur~ tM ~Mi~~ ~moiw+t of D~inc~O+~ a+d inNrwt herebp
iKUrfd. ~I~ i~.,~+e~~sr~ty ~nd wi~hpA notica. 1M Matq~q~ n~r imfihM poeNdinp~ a fw~ttos~ fhis monyq~ and ~pp~Y to~ tM ~ppo~nfr.t~m o1 ~ R~c~~ver, a
~ ••~ir c~ov~tied . _
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