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Home My WebLink About0362 TO HAVE AND TO HOI~ the same, together with the tenements, hereditaments and appu~tenances, vnro the Mo~tgage3e, in fee simple. AN~ ihe Mortgagor does hereby covenant with the Mortgagee that he is indefeasibly seized of said land in fee simple, that he has full power and lawful right to convey said land in fee simple as aforesaid; that it shall be lawful for the Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is f~ee from all incumbrances; that he will make such further assurances to protect 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 ctaims of all persons whomsoever. PROVIDED, ALWAYS, that if the Mortgagor shall pay unto the Mortgagee the certain promissory note of which the following in words and figures is s true copy, to-wit: s COMMUNITY FEDERAI SAVINGS AND LOAN-ASSOCIATION OF RIVIERA sEACH c;'~~RDr#~M~P ~DfE arviEan e~?a+, FLORIDA September ~ 7 i i973. p~y fo COMMUNITY fEDERAI SAVINGb AND ~ ee&g indebttd, fw vdue received, the undenpned 'p~ntly snd uverally prom~te to tOAN ASSOCIATION OF RIVIERA BEACH at its offioe in the City of Rivier~ Beuh, Florida, a ada, ~n. wm or TWENTY=EIGHT THOUSAND FIVE HUNDRED AND NO/100---------------------oo~wtsn 2$,500.00 ) w;~h ~.e~~.r~~. sur~a ~ ~++~,~ny ~t.iu,»m. ~ Two Hundred Twenty-Nine and 49/100------- oo~urts ts 229 . 49 The fint iratdtment shall b~ dw and psy~bl~ on the tenth ~ d~y ot April 19 74 and svbspuent installmsMs siull be due ~nd p~y~bk on the tenth d~y of each and every caknd~~ month thcreafter until tF~s principal and interest are fuUy p~id. ~ s I l~rger svms rrNy be p+id at any time, but the p~yment of •ny ~uch larger sums in addition to tM payments herein required ihall not reli~ve the makers of the payment oi the monthly inst~ltments herein provided tor, unleu it is specific~lly itipulat~d by the m~ktrs ~t Ihe nme of p~yment fhat such Iaryer sums are to be +pplied to the advence paymeM of the monthly irot~llmenfs rnxf m+turiry in the ader of the~r dw dats. All paymcnts made vpon this note sMll be spplied first to the p~yment of scaued intertst ~nd secaxlly vpon 1ha prin~~L Thn oblty~tion shall bear interest from d~te at the r~te or Eight and five-tenths w~ «M t 5 %1 per an~um uotil the pri~dp~l and interest ~rt fully paid- Interest fw eech tsknda~ mon~h shafl be acuued on the first d~y of ssid month ~nd be computed on the unpsid b~lance of prinupal and interest e~c~stieg on !he lut dsy of the preccd~ng month. ihis note shall be cons~dered in .defautt when any payment rpuired ~o be made hereunder thall not have been made within thirty days folbwiny its due d~te and ih~l) remain in def~ult until s~id payment sMll ~ have been m~de. Whik in dei~ult, th~s note sfiall be+~ interest at the rate of 10% pcr annum i~ liev of the rate lw~tinbefore spec~fied. All makers a~+d endorsen now or here~fter becominy parties hereto joiMly u+d uverolly w~~ve denand, notice of eon-p~ymeM ~nd ~ protest, and apree thst in the evcnt of deisult in the p~yment of any installment due herevnder the whok of said indebtednesi sh~ll there- : ' upon at the option of the holder, bccome immediately due ~nd payabk, and if this note becomes in def~ult and is plsced in tht hands I of ~n attorney for colkction, to pay reuon~bk attwney s fees and aIl o~her costs for makiny s~rch collectan. i ' This note may ba prepeid in whok or in part at sny time without penahy. E . i ~ • - --._H~BRX--E~_~.O •~TN~R_ -------_-.(SEAq ~ . Harry F. Goeringer ~ € - ~ . - ~ _.~?.~~.~_~..~~9~.8INSF~i.--------csEwu Jeanette C. Goeringer = ~ : . ------~SEAI) ~ 3 ~ (ihis note ia ucued by ~ mortpa9e oi even date executed by the make?~ in .'awr of Commvnity federsl Saving's ar+d lwn /lun. of R'wier~ 9eatfi) i ~ ~ - ~ ~ and shall promptly perform, comply with, and abide by each and every the stipulations, agreemenis, conditions, and ~ covenants of said promissory note and of this deed, then the estate hereby created shall cease and be null and void. ~ ~ AND the Mortgagor does hereby covenant and agree: ~ ~4 1. To wr +M «+e s~+~ ~hs P?~Mipa1 and interqt ~nd otMr sums of money p~Y~ble by vinue ot s~id porr.~ssory note and this morig~qe, a citF~M, promptlY ~ on tM daps nsp~ttivr~Y, tM aane srv~r~llp conr dw. ~ , ~ l. io pay +11 and s~nq~lu the H¦es, ~ssesimeots, lev~ea, lub~l~~~es, obLgahons and ~nc~mb.erxes ol ~.ery ~awra on sa~a aeur~bed popen~ exh and svery wAen due and pavaGle xcad~nq ro law. befwe rhev becw,m de6nqucnr, ~nd .1 ~he sime shall no~ be p.o d ~np v va~d rhe Morrgaqee maY af any ~~me e~~her befo.e o. a(se. deLoqvencr pay ~he same w~~hou~ wa~v~nq o. al(ec~~nq the opuon ~o laedoae. a anv n9~e he.ev.,de., a~d eve~y paym.e"r so msde shaq bea• inte.es~ ~.om .he da•e thc.eof at ri,e rare qo~~ded ~n sNd p.am~sso~r nore " 3. To Aep the bvitd~ngs and all ~ipmen~ and personal properfy now a herea/~e~ on said pemises, covercd by f1~is mortgag~, inswed in a swn ~t least cqwl to tM unpaid b~4nc~ of fAis mortp~ge, intlvdinq fir~, titended coverage ~nd v~ndslism and rn~lic~«n inwra~ce as to popertin otMr th~n dwellin~. ~nd ~ f~re, e.tended cowp~ and special iwm aher perils inswanc~ on dweil~~gs ~liyble fw s~cA bwdened cover_~e - provided, howwer, that such im~?anc~ b~ in ' snwunt avitKient to canply witA any cairowanc~ rp~irements coverirq s~rr~ vndM th~ laws of the ;ts» o} F{oride, and provided fwrher that fhe policy p policiM ;f sMll be wri»~n in a comp~ny a comwnies ~nd fluo~r9M ~n pency ut~s(~ctory to the Mwrpa9ee ~nd th~t ss~d policy or policies sMU b~ 1+eld by tM Moefysq~e `~r ~nd sh~ll be~r • sund~rd Nerr Yak wlor)qsyN Clavs~ wiiM~ait conerib~nion, ma4inq the loas under Hld pOIKilf paY~Db te tAe 1Nortq~ye~ u ib imant m~y ~ppex: ~nd in rM rvem Mr wm o( morny becom~s wvabb w~d~r any such poticp <r Poliuea, tAe Ma~gaqe~ shall Mve th~ op~~on ~o r«~~w ~nd pply rM ~anr on pKposes, wiflw~l Maeby waivi~ xcow~t of the ind~budness her~by secur~d, w ro pKmit the Matp~yor ro rcceiw u~d vse ~r, or a~y pxt tlweof, fw o~Ae~ u:mpauiny any eqviryr. lien, a riyA~ ~nJer and by vKtw of this mwtyaye; and :n M~e evm~ the Mwfg~qw does not coa~ply witfi rhia covanam, th~ Mort m~r Vl~ct ~nd p+Y for s~ch ins~r~nce, or whr pxt N~ereol, withov~ w~ivirp or ~ff~crinq fM opt~on to fa~clou. a any r~yht Ae.evnder ud the full ~maint oIQ9~M~ and ewry sucl~ paynw~~ sMll bt imm~dia~elp dw rd payabl~ ~nd ~11 bcu intves~ ~rom the date th~~eof until paid a~ ihe ~ate p~wided in said rwN w~d t wi?6 sud~ inlaes~ fhall b~ setur~o bY IM INn of Ihis ~nwt9sye- ~-ti ~ ~ ~1 4. TMI ~rpo~N. ~op, at wp ri~.. d~~iwo eh. ~orqoQ. arw, and in ih di~cretion, opplp Iw r~w~wrd oi ~wpop~ oooroelp inwro~c~ cewriwo fhl~ ~w u' ~a~cvl~d ~ und~r ' n~d on ~r~n dot~ herewAh, tM remiviws dw r~awn tlNr~ol, ond r vin rt n~nf tM vnd~r ' w~d ~'q~Y~ M ?q Pa) D ~ p P~ ~ ~'Y ~ arcA owavnb as or~ od~anced bp wid nar?yoyte. In the ~~en~ oF (oilur~ br tM und~ripn~d ro~~pop wid oww~nb ro wid ~ortpop~~, avcA loil~r~ ~ b~ con~id~r~d o ddmrN, OOA OII p/O~/H1011~ 01 tM nof~ ond wwrtpoye w~th reyord ~o d~fo~rlt dwll b~ opplicable. ~ A ~ ~ b\[ _ S. io permir, carrn~r o~ s~Iftr no wpt~, irrp~+rrrnm a d~Nria~~ion of uid D~oW~tY, a MY o+~~ thereol, a.~d ~pon ~M f~ilw~ ot ~h~ rn«rp~qw to k~ep ~i~ ~ b~i{d~nqs on uid popMty in yppd condition ol rpair, tM Morrq~qay ~r d«n~~d tM imrn~di~h reWir of uid build~nqf, a~n increaf~ in tM ~ma~nl p~ sKwih, o~V tM imn~di~a npywwnt of tM debr Aereby aecwed ~nd tFw I~ilvr~ o( tM.11Aor~y~pw ~o co/nply w~tA ia~d derewnd oI th~ Mptq~qee. ~a • p~riod of thi~tp ~O)~ : d~ys, iMll can~itvq • bre~ch of tAii mwtpaq~, snd, ~r rM option of N» Nlwtgap~e. ~mmedately rn~tvr~ th~ ~ntin ~no~nt of pincqd ~nd int~.~st her~bp - ~~c+.~d, and iT.~+e~i~e~ly ~nJ w~tAou1 rwrie~. 'M~ Mwtp~yN erry imt~hM poewdmqs to fa~clos~ rhis mat~p~ ~nd pply Iw M~ aopo~mmene of • Rec~~~~r, F~re ^~~!rf G~c..:1td. . . . ~ ' . _ . . . _ . ~ - - . _ ~ . . . _ _ .