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TO~ HAVE AND TO HOLD the same, together with the Ienements, hereditaments and appurten~r~cef, unM tfie
Mortgagee, in fee simple. ~
AN~ the Mortgagor dces hereby covenant with the Mortgagee that he is indefeasibly seized of said land in fee simple,
that he has full powe~ and lawful right 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 enter upon, hold, occupy and enjoy said land; that said land is free
from all incumbrances; that he will make such further assura~ces 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 claims of all persons whomscever.
PRC~Vl~E~, A~WAYS, ~hat if !ho Mo~gag~+r eht~ll ~»y t~ntc~ the Mc~?t~rg~• th~ certain Qromissory note of which the
following in words and figures is a true copy, to-wit: ?
~ COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION Of RIVIERA BEACN
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I ~~r#~tt$P ~o#e
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! a~wEr~? e~?cF+, FIORIDA October ~9 73.
~ beirg i~debted, fw vdue receiwd, ths underspned joiMly snd severally promis~ b pay ro CONUVIUNITY FE~ERAL SAVINGS AND
~ tOAN ASSOCIATION OF RIVIERA BEACH ia office rhe e~fy of awK.a e~.cn, Fio.~d,, w o.der, ~n. ot EIGHTEEN THOUS D
; gW0 HUNDRED AND NO/100-------------------------------oou~sts18,200.00 ) '
w~,~ ~m~.~,+ rh..~«~ u hereinafts? :~.r~ ~+,a+~ny ~t.~~.m. or One Hundred Sixty-Nine and
~ 66/100-------~~ cs 169 .66 ~ The fint inst~llment shall be dut and pay~blt on ~ tenth
~ da~ of April ~q 74 ~ s~q~nt insullmems sh~ll be dw and p~yabk on the tenth
d~y o~ each and every c~kndN month there~her until tM principal and interest are fvlly paid. .
l~rper swns may be paid at ~ny time, but the payment of any such larger sums in additioe~ to th~ payments herein required shdl
' not relieve tF~e mak~rs of the payment of the monthly irutallmenn herein provided fw, unleu it is spec~fically st~pula~ed by the maksn ~t the
r~me of p~yment that svch laryer sums are to be applicd to tF~e ~dvance psymeM of Ihe mo~thly instsllmtnts next mat~riny in the adn d
~heN due dates. All paymenh made upon this ~ote sh~ll be applied fint to tlx payment of acvued interesf a~d teca+dly upon th~ princip+~•
ThMS oblyaYan shall besr interest from date at the r~te of Nine and five-tenths p~? o~nt ( 9.~J
per ~nnwn until the principal ~nd inte?est art f~lly p~id.
~ Interest for exh ukndar month sFu{I be acuued on the fint day of :a~d mo~th ~ad be computed on the unpaid batarxe of princ~pal
' ar+d inrerest existing on the last d+y of the preceding rtwnth. Tha no~e shall be considered in default when any p~ymtnt required to be
; m+de herevnder sh~ll not hsre been made within thirty days folbwiny its due date and shsll remain in defauh vntil s~id p~ymem sMl1
h~ve been mada Whik in default, th~s note shall bear interest ~t th• r~te of 709L per ~nnum in lieu of the r~te hereinb~fwe speci~i~d.
Alt maken and endorters now. or.hereafter becom~rg putiei hereto jointly and scver~lly waive der-und, not~ce of na+~payment r+d
~ p.otesf, and a~ret that in the ~vcnt of def~uh in the payment of any insullment dut htreunder the whok of said indebtedness sh~ll there-
~ ~ upon ar the opt~on of the holder, become anmedi~tely due. and pay~b~e, and if tlws note bccomes in det~vlt and is ptued in tFr hands
~ ~ of an ananey Fw colkct'an, to psy reuonabk attorrsey's fees and all o~her costs for makieg such colkction.
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Tha note may be p{epaid inwF~ok or in psR af any time withovt penahy.
; --S~ _A,~CLARENCE ANDERS_EN~----.~?u
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; ~ A. Clarence Andersen
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~ ~---DOROTHY I. _ANDERSEN--_----_--~~U
~ ' Dorothy I. Andersen
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a ~(This note is iecvrcd by a mohpage of even date execvted by the makers ir. .'rwr of Community Fedtr~l Savin~'s ~r?d toan /1~sn. of Rivien 8each)
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~ and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and
~ covenants of sa~d prom~ssory note and of this deed, then the estate hereby created shall cease and be null and void.
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' AND the Morcgagor dces hereby covenant and agree:
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~ 1. io wr a~ .~d s~nv~« tM wincip+l ~nd ~mKest and othu swro d moner wr+~ by virt„e of ssid pom~ssory nae and this monq~p~, a ~itl+er, promptly
~ cn M» d~rs r~soK~ively, the snnt sNer~lly ca~r due.
3~
To paY all and sin9ulx rhe ~~aes. sssesuneros, le,..es. LabA~~~es, o06yat~w+s and ~ncwnbences o/ ~ver~ na~we o'+ sa~a oescnbed poperry exA and every -
~ ..Fen d~.e and p~yaEle ~ccad~nq ~o law, befwe Mey become del~nqvem. a~d ~1 the same shall nor be vrwnprly ps~d Ihe Morlg~gte msY +r ~ny t~me arher befae
~ el~ dehnpvtecv paY the sune w~~Awf wur~n9 a•Mecrmg rAe oDt~on to foredose, a any nqM herevnder. snd eve~v piYmtnl so made shall bear 1Merett hom
- e da•e ~hereof ar ~he ure o~o.~ded ~n sa~d pomnswy noee
s~
- To kep the b~ild:nqs snd atl eq~ipmcnt ~nd personal poperty now p hereafter on said pen,~ses, co.rwred by ~his mortgaq~. ins~red in a swn N Irait
ev~al ~o the unp~id M4nc~ of Mia mortq~q~, inc{~ddeq fir~, e~~ended cover~qe ~nd vu+dal~sm and m~liu«n insu.ance as to popertits otMr. th~n dw~ltinq~, and
f~re. e;iended coverp~ and specisl iwm aher penls imwenc~ on dwetlin9s eliqibl~ /w such brosdenrd cover_~e - pwidcd. Aowever, tl+at wch irnuranc~ b~ in
;N ~mou~l s~(iici~nt b canply with any coiruw~nc~ rp~iremenri coverirp sune under fM lawt of the ;t~l~ of Fbrid~. and wovided f~xMa fhal the polic~r a politip
~A? sMll pe wrin~n in • comp+nr a comppwts ~e~d tMovgh ~n ~qency s~~is(xtary to fhe Matysye~ and tMt uid policy w polic~es sMll b~ l+eld by tM Mwtp~ye~
~0.'f a~d sh~ll ber • st~ndard PMw Y«k Mortq~yM Clws~ witlw~l conuibv~ion, m~kirq N~t loss w~der said pol~cip psYabl~ fo the Mwtp~pe~ ~s ih intaesf miy sppear; ~
and in th~ event anY swn of enoney becants P+YabM und~r ~r such policp a Po~:ci~i, the Mort9aqe~ sFull h~ve tM eWion ~o r~c~~v~ ~nd apply Mw sarne on
~ accovM of IM ind~bt~dness hneby secvred. or ro p«mit Me Mor~qsqor to receiw and ust it, a airyr part tFr_reo/, !a otlKr qxposes, witlw~t tMreb~r w~iviiq
er :rt~pairirp ~ny equirp, lien. a riqlu wwler and bp virtw of Mi~ ~nwtq~qe; ~nd io tM erenf t1+e Nbrt9ayw does not cwnply wi?fi this coven~nr, Mr Morly~yw • ~ -
x;` msy plac~ ~nd p~Y fa? sucl+ insur+nw, a a~r part tl+ereof, withwt waiv~rp a a~i~uinq tM opt~on to fa~cbse. a ~nY riph~ Aerew~der a~d tht full anourq of ead~ _
sn0 evwy sucfi psyrmnt shall t~ :nr~ydiakly dw ~nd p~r~bM ~nd thall be~r interest iran the dare Mweof unti{ paid ~t fhe rare w~ided in said noN and topeNie?
witl~ suc~ in?srest shall b~ staweo by flw L~n d Ihis narty~ge.
4. TAe1 ~af0op~~. ot owy KM dvrinq tb~ ~oApop~ hrw, osd in ib di~cntan, oppl~r fo~ r~wNrd o~ iwr~Yo~ 9uoratry isw~owc~ ce~rino IAe
S;~ ~wrtpo~ ~:~cv1~d br tA~ undenipn~d on w~n dot~ berewitA, pop tM prewi~~ws dw bp r~ason tMr~ol, owd rpvin r~po~rw~nf bp tl» ~~rsqw~d ef ~
wch owo~nM w or~ odwnced bp wid ~ortyope~. In tl~e t~ent of fo~lvn br the vnd~raipn~d b r~pop wid owo~wM ro wid wor~oop~~, ~vth loil~n slwll ~0
b~ cow~iA~?~d a d~favM; ond dl prov~siw~s o( tF~ net~ ond morf9oy~ .~?h repard to d~1avM si~aN b~ opp~icobl~. Ov
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=`r S. To ~m~f, co~n~t o~ wffM no wuq, irnp~tr~r~nt w d~feriorstion o1 s~~d Drop~rty, o~ u~y w•t ~he.~o1, i~d ~M f~~lw~ ot ~M mortya9or ro k~ep tM
'Y'= buitd~nq~ o~ said propMty in pood condition of rpair, tM Mw~p~ye~ rnrr d~m~nd tM i~nediar~ rep~~r oi s~id bu~ld~~ ~n irKr~~s~ i~ M» ~R~ount of s~c~ri~y, a
tM i.mn~d~aq r~Wymem of dr debt he?eby secer~d ud Nw fsilue~ of Nw Matyaqo? b COm{fly wiM s~:d dar~nl rh~ Mwtpap~e fw a ptriod of thinp (30)
„3 d~r~, sMll consrinn~ • breach of this mwfqaq~, an1, ~t Mw op~ion of tM Mw~qsp~e, imm~d~N~Iy rn~twe ~M ~n~i~~ MnouM of pinc7v+~ ~+d inHrpf Mr~bp
' s~cu.ed. •nA im..~e~+~tely ~nd w~t~wi1 notiu, ti+t Matp~pw ~y im6tvN poewdrnqs fo 1w~clw~ ~his ma~q~pa Md applp fw /M ~ppo~nrree~t oF ~ RK~ivN. N
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