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TO HAVE AND TO NOtD the same, together with the tenements, hereditaments and appurtenances, unto the
Mortgagee, in fee simple.
_ AND the Mortgagor dces 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 fo~ the
Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is free
from all incumbrances; that he will make such further assurances to protect the fee simple title to said land in the
Mo~tgagee as may reasonably be required; that he dces hereby fully warrant the title to said land and will defend the
same agai~st the lawful claims of all persons whomsceve~.
PROVIDED, AIWAYS, that if ihe Mortgagor shall pay unto the Mortgagee the certain promissory note of which the
following in words and figures is a true copy, to-wit:
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH
~,'~IIx~~tZ~E ~D#P
a~v~Ew? eencH, FIORIDA October 'y , ~~73.
~ Bei~ indebted, fw wlue ~eccived, the unders~gnad 'pintly s~d seve~a!ly prom~u to pay ro COMMUNITY FfDEitAI SAVIi~ l?FiD
' IOAN ASSOCIATIOtJ OF RIVIERA BEACH at its office in the City of Qivien Besch, Florida, a order, the sum of ~j+jagNTY~~O
THOUSAND AND NO/100----------------------------------oowRS~s 22,000.00 )
i?~t~. W~~h inferett thsreon hereinaitet :~.t~a ~+~ni,, ~~.um.~n o~ Two Hundred Five and 07/100-----
(-------------DOltARS (t 2Q~j. Q'] The fin~ irotdlment shall be dw and payabk on the tenth
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~ day of April, 19 71~ a~d subsequent installments sh~tl bc dve and psyabk on the tenth
~ day of each and every cakndK month thereaher ~ntil the pri~cipal and interest art fully paid.
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~ l~rge~ sums may be psid at any time, but tl+e psymeM of any such larger sums in addition to the payments herein required ihall
not relieve the makers of the payment of the mon+hly installments herein provided for, unleu it is specifically st~pul~ted by the makers st the
~ time of payment th~t svch larger sums are to be appfied to the advance payment of the monthlv installmtnts neat mafuring in the uder of
i thcir due dates. All payments m+de upon th7s note sfiall be spplied fint to the payment of ~caued interest and secondly vpon 11+e princip~~-
' This obligation sFull bear in~~rest from date at the ..r~ a+ Nine & f 1V@-tenths 9• 50
per snnum until the princi~t~ snd interest sre fully paid.~
Interest for eacl~ calcndar mo~th shsll be acvued on the first day of said month and be computed on the unpaid b~lance of prinupal
and inrerest existirg on the Isst day of the preccd;ng month. Thiz note ahall be considered in default when any payment required to be
m~de hereunder shall not have bee~ msde with~n thirty days folbwing its due date snd shsll remain in def~ult until said paymcnt sMfl
' have been m~de. Whik in defa~lt, th~s ~ote :hsll bear inteiest at the r~te of 10°,~ per ~nnum in lieu of the rate hereinbefore spcc~fied.
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i All makers and endorun now or hereafter becoming p~rties hereto joi~tty and uverslly waive densnd, notice of non-p~yme~t ~nd
; protest, •nd agree fhat in the event of default in the payment of any installment due hereunder the whok of saed indebtedness shall there-
j upon at the option of the holder, become immediatety due and payabk, and if this note becames in defsult snd is pbced in the Funds
i of an anorney for-colktlion, to pay ressonable attorney's fees and all o~her costs for making such collection_
I i This note may be p?epaid in whole or in part at any time withovt penaMy
' { . _Sl_ Salvatore Arcuni`_._,____._~_._~?u
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; SALVATORE.ARCUNI-
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F . • • ~ S G].oria Arcuni
_L._.,
~ ~ GLORIA ARCUNI
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~ i(ihis note a iecvred by • morr9age of even dare exec~ned by ~he maker~ ~ frvor of Community federsl Stvings and Loan Assn_ of Riviera 8eu~+)
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and shall promptly perform, comply 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 Mor~gagor does hereby covenant and agree:
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~ 1. to wr aM and s:nyular the pincipal ~nd im~resf ~nd other s~ms of rt+o~cY WT+ble by v~rf~e of s+id w~+~ssary note and this mwtyaqe, a either, promptlY
~ on t!w drys .esp~ct7veN, tht s~nr a~rerally come d~x.
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? to pay •II ~nd smq~,~u r1,e 4,es, asussmen~s, lev~es, Lab~Lr~es, ebl.ganons and ~nc.,mb.s~,ces o~ .rery ~ar~re o.~ a~a oexnbed p.ope.ry exh snd every
'-~'~`i. when due and paYabte sccwd~nq ro ~aw, btlwe tAtY beco~^e dt~~nquenr, and ~f ~he same s~eti not br pr~mpUy pa~d eht Mor~gagee may af any nme enher beio~e
' or ahe. del~nqvencr Gay r~e same w~~ho~,r wa~vmq cr a4fccnnq ~he oprion ro ~werlose, o~ any nqAr he~eunde~. and eve.v eaymenr so made s~all bear ~nfe~est lrom
= •'+e da•e rhereol ~r ~he ra+e po+.ded sa~d p.om~sso+y nore
_ 3. To kep the bvildnqs and aSl epvipment and personal property now a heru(~er on said premnn. cove.ed by th~s mortgaq~, insured in s swn st le~st
`'w? cawl to Me unpa~d b~4~ce of tA~a mwty~qe, inclvd:rp 1~ro, t•tended covcraqe ~~d vmdal~sm and mal~c.ovs ~nsurance as to pope•nes orha th~n dwtlfirgs. ~nd
fire, e~tended coversye and specul (orm o~her penls i~ra~c~ on dwell~ngs efiqble ~or such brwdened cover_,e - pror~ded, Aowever, rMt s~rch insKanc~ b~ in
- smoun~ a~(f~cie~t to canply w~th any to-~nwranc~ rpviremems cove~i~q same vnder fhe laws o/ the `~st~ 01 Fiw~da, and p~ov~ded fwther tAat the po~icy a pol~cies
r.„ t1+a11 be wnnM l~ a comprnY w companies and thro~yh an ~qencr satisfutory to Me Monqs9ee snd tM~ ss~d pol:cr w pol~c~es sMtl b~ hetd by tM Mortqs9te
- and sMll ber • l~sndarA New York Mwty~gee Cls~s~ witFw~f contrib~t~on. mskiny rhe lass under said pohcies psYable to the lNor~qaqe~ as its imerest mry ~ppew; ~
' and in tM ~vent ~ny swn oF money becanes payabl~ ixdK eny s~ch policy a po'~cies, the Mortgagee s1++f1 hare ~he option to receive and spply tM ssen~ o~ ~
xcow~t ol the ~nAebtedness hereby secu~ed, or to permit Me Mortyaqw to fKNVt and ~u ~t, o. any pirt thereof, /p other prrpoia, withw~ thereby w~ivirg
a:mpa~rinq ~nY eqvih, lien. a right ~nefer and by viriw of this mwtpsge: snd in fhe event ~Ae Mutgagw does nW comply wiM M~s coven~+f, th~ N{orig~qee
maY piace ~nd p~Y fw wch inswance, a ~nr pr~ Mereo/, withwt w~iviny a~f(~uing the option to }aec{ose. w any r~qht Ae.evnder ud N~e fufl ama+m Lf exh
~ and evwy sud+ payre~ee~f shall bt imn~diately due ~nd pay+bl~ ~nd aF~afl bear in?erot irom the dafe the~tof until paed at tlx rate ww~ded in sa~d not~ and togetF+er ~
witU a~cA intere~t ~11 b~ secweo by d~e bae~ of this mw~ga9e. ~
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:;r' 1. Tlwl ~orfpoqN. ~wp, at owp ti~ d~rit~y th~ woAyop~ t~rw, owd in iri disuetion, applr }or r~n~wol o( wortyo~ 9Yarowryr iwwronc~ wwrin0 IM ~
wortpop~ •a~urud br tA~ ~ndersiqned on w~n dote berew~tl~, poy the premivin~ dw br r~own tl~~r~of, ond rp~ir~ repo~~nt bp tM vnd~nipn~d e( A,
avcA asovnh os ore ad.o~,ced br wid nwrtyoyee. In ?Ae e~em ol Fo~lvre by f6e ~~d•n:~ned ro npoy wid owovnN ro wid iwortpo~~, ~vcA 1ail~n ~holl
~ b~ coe~id~r~d o d~lauN, ond dl pro~isions of tM no1~ ond na~t9ope ~.~th ~eqord ro d~fault sAoll b~ opplicoWe. pcp
Gcp •
_ S. To permit, comm~t a svff~r no w~~t~, imp~irment a dtltnw~tion o1 s~id P~oW«Y. a any p~r1 thereo/, and vpon ~M fylw~ o~ tM mort9~9w to keep th~
~~5 bvi{dinqs on uid popwtY i^ qood cond~tion of rp~ir. tM Mor~yiye~ nuy demand tM ~mrnediat~ r~p~~r of wd b~,:ld~nqs, w an inuease in M~ ~rno~nt of sec~xiry. or
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x..9 th~ inwr~wdi~t~ rpayment of tM debr hereby sec~r~d ~nd tM /~~Iu.~ 01 Nw Mwtyapor fo comply wrth sa~d Minand d rM Nbrty~q~e for • pKiod of th~rty (l0I
dayt, sMll c«ntAv~~ • brescA o1 this ~qa9~, u~d. N rM op~~oe~ o! tM Mwryspe~, i~an~d~~Nlr rr,ature fM ~M~r~ ~rnw,nr of pincip~t ~nd inNrtft her~by
~ecv.ed, and im~ed~~+~ly ~rN! wilAan notice, th~ Mortgape~ may ime~rvt~ pocNd~nfls to fweclm~ tACs m«rqapa and pply iw th• avpo.n~r.,er.r o± ~ Rece~~er. si
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