HomeMy WebLinkAbout1790 ~ ~ ~ ' ~ ~ ~ ~
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TO HAVE ANO TO HOlO the same, togethe~ with the tenements, hereditaments and appu~tenances, unto the
Mortgagee, in fee siri?~ia.
AND the Mortgagor does hereby aovenant with the Mortgagee that he is indefeasibly seized of said land i~ fee simple,
that he has ful! power and lawful ~ight to oonvey said land in fee simple as aforesaid; that if shall be lawful for the
Mo~tgagee at all times peaceabiy and quistly to enter upon, hold, occupy and e~joy said land; that said land is free !
from ali incumbrances; that he wiil make such further assurances to protett 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 la~d and wili defend the ~
same against the lawful cinims of ell persons whomsoever. i
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PROVlDEO, ALWAYS, that if ths Mo~tgagor shall pay unto the Mortgagee the certain promissory note of which the -
f~llowing i~ words and figures is s ftua copy, to-wit:
~ COMMUNITY fEOERAL SAVINGS AND LOAN ASSOCIATION OP RIVIERA BEACH
1
` ~~ur#~~~e ~ote- . .
#
~ RIVIERA BEAGH, F~ac~~~ November ~v 73 i
~ hk+y ind~bttd. fw v~lue ~eceived. th~ vexkrsi~n~d jointly snd uverslly p~omise w p~y fo COAMAUNIiY fEOERAI SAVINGS ANp
~ tOAN ASSOCIATION OF RIVIERA BEACH a~ in offior ie the C~ty of R'wiera Be+ch, fbrida, oe wder, tM sw++ of FIFTEEN THOUSAND
~ FIVE HUNDRED AND NO/100----------------------------- oou~s a 15 , 500 . 00 )
j~oyether with intc?es1 thereon ~s hereiMfta sqtsd in ma+thly installm~rq~ of One Hundred Forty-Four and 49/10
~-------------oau?RS ts 144 . 49 Th~ firat inttallment sh~ll be dw ~nd psyabl~ on the tenth
; day of J c'iAU81"~l 19 7 4 u~d subsequent installmet+ts sh+ll be dw +nd payabl~ on the tenth
' d~y of ~ach and every c~k~dar momh theresfta until t}+~ principal ~nd interest ar~ fully pa;d.
i lK9e~ sums may be paid st a~y time, but the payment of any svch larger sums i~ ~ddifion to tht payments herein reqvire0 si»II
not reli*ve the makers of the p~yment of the mon~f.fy i~utallmenn herein provided for, vnku it is specifiully ~tipulated by the maken at tlw
?lme of psyrrKnt that such tu9er sums are to be spplicd to the advance paymem of the monthly irsstallments n~xt maturing in ti+~ order of
~heu due dates. All payments madc upon th~s note :hall be applied fint to the payment of ~caved interest and secondly vpon the principai.
lhis obli9stion shall bear i~terest from date at the r~te oi Nine aIIC~ five-tenths p« w~t ( 9. 5
~ per annum unfil ths ptincip~l snd interKt arc fvlly paid. .
Imercst fa esch ukndar monfh shalt be ~cv~ed on the fi.:t day of sa7d month and be computed on the unp~id balence of pinc~l
+nd i~terest ex~sting on the last day of the preccding month. This rate shall b~ considered in default whcn any paymenl rpuirsd to be
; made hercunder shall not I+ave bcen made within thi~fy days folbwirg its dve datt ~nd shsfl rsmsin in def~uh unti! s+id p~ym~nt ah~p
' hare been made. While in defaulf, th~s note shall beu interest ~t Me rate of 10X per annum in liev of ths rat~ her~inb~fwe apec~fi~d.
j
: AN makers and entfonen raw a l+ereaitcr becoming partits hercto joinlly and sevenlly waive denand, not~ce of non-paymem ~rd
! protsat, and ~yree thaf in the evem of defaule in the p~yment of any i~t~tlment du~ hereunder the whok of said iedeb~edness shall then-
~ upon at the option ot lhe iw{der, become immediately due ~nd payabk, and if tAis raft becon+es in default and is pl~cld in tir Mnds -
! of an •norney fw colkction, to pay rouonabk ~ttorney i fees and all other oosts for makirg such cdkction.
This note may b~ prepaid in whote or i~ pan ~t sny timt withovt pen~hp_
I
' ---5~___ GE~7a~LP__._ QFFERMI~N _^_~_cs~?u
' Gerald P. Offerman
i - -----_~~~s~w
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' FRANCES M. OFF'ERM1~N-------~wu
~ Frances M. Offerman
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~(This note b ucued by • mor~p~e of ~ven dste execwed by the makers ~n favo~ oi Gommunity Federal Ssviny's and loan Assn. of R"nrier~ de~ch?
and shall ptomptly perform, comply with, and abide by each and every the stipulafions, agreemenis, conditions, and
covenants of said promissory note and of this deed, then the estate hereby created shait cease and tse nuN and void.
AND the Mortgagor does hereby covenant and agree:
1. Io psy a!1 snd s~nq~la? t!~ pinc~pd ~nd intwest ~e~d aher svms ot monw p~7rable bp Jwtve oF s~id
on tIK d~Ys rt~p~ctrveh. the saine s~vriallp cow» du~. D~an~sspry note :rd thii mortyaq~, a aN~er. WqnPNY
i To ~,sy all and s~ngulu rhe ts,es. assessmenn. lev~es. lub.l~ney. op!~qa~,wy ~r.d ~nc,;.nbances o! rvery nawre on u~a- aexnped prop~rty exh aerd everr
~hen due ~nd p~Y~Ele xcad~nq 10 law, pefae ~AeY become del~nquene. ~nd ~f ~he ame sMll no~ be p.omprfy p~~d ~he Mwtgaqee mav at any nme e~ther befwe
o. •I~e. del~nqve~cr Dar ~he same w~rl~our wa~v~ng a•I(ec~~ng the opnon ~o faeclou, a any ngh~ I,ere~~dc.. s~d everr parmcn~ w nvde shall bea~ ~nte.esr Irom #
•~e dare rh~ieuf at ~fie i~re po~.ded ~n u~d prom~t~ar ~+ore
3. To kep the bu~td~~s ~nd ~II p~ipment ~nd Wtsonal pop~~ry ~ow p hsresfter on ssid p(emiaes, cow_ ed by this mwty~g~, iesw~d in • swn ~t Irau f
3
cQwl to Me vnp~:d b~t~~ of tA:s mw?~pe, :nch~d~rg fir~, tatended covd~ge ~nd vandal~s/n and maliuovs inswarrce ~s to popsrties p1!»t th~n dwellinqt. ~nd
f~re. e¦tended cmraaq~ and speci~l form otlxr perih iruwwrc~ on dvrell:e~s eliqibl~ }w such brwdened cover.ie - pwided, howwn, tlyt svch irq~nx~p b~ in
•m«mt sv((icient b compty wiM any co-ir~swsnc~ rp~iremeeq coverinq unv vnder N~ laws oi Me _bts of Florid~, u~d provided hxther N~at th~ poliqr p pplicip O
sh~Il be writhe~ :n • compsny or canp~+i~s and tlvpryh an ~qency satisf~UOry to tM Mwfqsqee and tAat s~id poticp or polic:es ~lyll b~ held by tM Mortpsye~
and stwll be~r a suodrd Ntw York Mortqayse Clwn~ wilhpA tontribution, makirq M.e Iou under ss;d pulicies psyabl~ fu M~ Mortq~ph q ib inwe~t ~nay a~prar; ~
and in dr evee~t arqr aum of moe»y becorn~s p~yabh ~e+d~r ~ny such policy ar poliues, the Mwtysye~ shsll Mw ~ht eM~on ~o receiv~ ~nd ~pplr tM sam~ on
accow~t oi tM :nd~badneas herebt? secw~d. a ro qrmit 1M Mlortq~qor b receivt snA ~+se ~t, w+~Y w~t rhereo~, fo~ other v~wDCS~+, wiMwvt Mwr~r w~ivieg ~
w:rnpai~in9 ~Y ~W~h, li~n, a riqAt w~der and by v'utw oi tAis mwtW9~: and in the ewM ~M Mwty~gor does not coirw~Y w~fh th:s coverwN, Me Morty~qe~ ~
^++Y e~~ +~d Wr fa such :nsw~nce, w a+~r p~r~ thereol, widwu~ WMViff9 p ~H~crieg tM ovt~an ro f«~c1os~, a~nr r~qhr Ae~evnder ~nd N.e f~tl ~moui+t of e~ch ~
+nd evwy sud~ q~nt atwll b~ im.»diat~ty dw ~nd p~rabt~ ~~Iy11 beu inleresr from ths da~e tf~ereo} until paid a? the ia~e provided in ss:d noq rq 1o9eiMr
w:t? s~cA inhrest shdl b~ securW bY /M W~n of Mris mortq~y~. ~
4. ibt ~w~~. ~r, at anr ~iw~ d~rin0 fM iwo~ep~ Nr~, owd iw if~ diuretaw, opOlp Iw ~~w~+al 01 ~rY°Y~ Y~h ~wrawe~ cew~iw f IA~ ~
serlpo~ ~a~cvl~d by /IH ~nd~r~ipn~d oe ~wn doh 6er~with, pop tiw pr~wi~wn dw by r~otoe fh~r~f. owd rpvir~ repor~nl bp fA~ ~siOMd a( ~
such owo~nM m an od~onc~d br wid aa~l9ope~. In th~ ~~en1 of foil~r~ bp the vwd~nipn~d b r~pop wid o~wM~ ~o ~oid ~ortooy~~, ~rc4 (~ilw~ ~hop ocov
b+ cow~:d~r~d s MfovN, oed d! proriiioM d Nw wwa ond wonpope witA repard ro d~Ioeh sl~oll b~ opplico6b. ~m
S. To pe~en~~, comnut a wMa no w~1N. imp~irm~nt w d~Mriw~tion d s~id prop~rty, v ~ny p~rt ~hereof. u,d upon ~M ~~,Iw~ e} tM mor~9p~? to k~ep Ay
buifAieq~ on uid prap~rfy i~ pood epkl,Hon o( ~pair. M~ JMoreq~qN ~yp rM ;mmed;are ?epa~r of said b~tld~nps, a~n :ncr~as~ in tM arnw~nt o1 wcwiy, w
tM i~nrrdia» r~yen~m oi Mr d~M he~~bq a~cw~d and ~M t~ikw~ oF rM AAwtp~px a conwty w~rh ~~~d d~m~nd d ~M Mb.ty~q~e fw • pwiod of thirh (30)
d~vs, sMll caar~rvM • bre~ch d tlws inortqrq~, w+d. N tM optio~ M M» ARwfqpN, i~~d.~htt matw~ N» ent'u~ ~mow+~ ot pincip~l ~nd in?~rnt Mrebp
. sKVred, ~nd im.-e3~stsly rnd witApyl rqtic~, th~ A~prlq~qN nyr i~sfifvN pocNdmqs M for~cbs~ tMis matyp~ snd ~ppty fW 1M ~ppo~ntme~~ o~ a R~c•~.e.. ~s
F~e•t ^~(et: ~',.~..,{e~