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TO HAVE ANU TO HOID the same, together with the tenements, hereditaments and appu?tenances, unto the
Mortgagee, in fee simple.
AND the Mortgagor does he~eby covenant with the Mortgagee that he is indefeasibly seized of said land in fee simple.
that he has full powe~ and lawful right to convey said land in fee simple as aforesaid; that it shall be lawful for the
Mortgagee at all times paaaably and quietly to ente~ upon, hold, occupy and enjoy said land; that said land is free
from all intumbra~ces; that he will make such funhe~ assurances to protect the fee simple title to said land in the
Mortgagee as may reasonably be requlred; that he does hereby fuliy warrant the title to said land and will defend the
same against the lawful claims of a!1 persons whomsoever.
PROVIDED, ALWAYS, that if the Mongagor shall pay unto the Mortgagee the cerfain p~omissory note of which the
following in words and figures is s true copy, to-wit: ~
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COMMUNITY FEpERAI SAVINGS AND IOAN ASSOCIATION OF RIVIERA BEACH
f - ~~r#~tt$P ~D#p ~ ;
f a~v~Ew? a~?cN, FLORIDA December ~~~"!~'i9 73 . ±
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ind~bted. fw v~lue iece;ved, th~ vnden ned jointl u~d uverall p~y ro GOMMUNIiY FEDERAL SAVIt~S MID ' 4
! ~ g Y Y p~omiss ~o
~ IOAN ASSOCIATION OF RIVIERA BEA~l1 ~t ib offioe in tf~e Gity oi Rivie~~ Be~cl~, Fbrida, a wder, thf swe of TWENTY-FIVE
~ THOUSAND AND NO/100----------------------------------~~ a 25 , 000 . 00 ) ~
i royed+sr w~t6 int~rest th~~ea~ u I+ereinaft~? stated in moathfy i~nt~Ikn~nM af '1'WO Hundred Thirty-Three BYlt~
' 04/100-------~~s cs 233. 04 ~1+e +in~ &xt.nme~~ sl,.u bt d~. ,~a P,,,.ba a, th~ tenth
i d+y of a1L111E 19 7 4 a~d subsequent instdlmeMS shall be dw and payabl~ on the ten~'1 ~
~ day oi each and every cakndx month theresher u~til fM princip~t and imerest ~n fuly paid. ~
i l+?9t~ ~ums m+y b~ p~id at ~ny time, but the p~yment of ~ny such tsrger :ums in addition to tFk payments I+erein reqvired sha11 ~
. not reli~ve tirc mak~rs of th~ payment of the mon~hly installments here~n provided fw, u~kss it h specNtully stipubt~d by tht rrNk~n ~t t1M
j~~me of payment that svch lar9er sums are to be applicd to the ~dvance psyment of the monthly i~stallrtxMS nexf m~turiny in /M wder of
; rhe"w due d~tes. All paymc~ts ~nade vpon this eote sMll be applied fint to the paym~nt of ~caued i~terest snd secondly upon ths pN+cipal. ~
This obliyition shall .bear interest from daro st the rate of Nine and five-tenths p~r pm ( 9. rj
pc. .nnum unri) rhe principa! and iorerat an fvlly pild,
( tnterest fa each ukndar month sh~l1 be accrved on the first day of ssid month and be computed on ihe unp~id balance of princ~p~l
!+nd imcrest ex~sting on the lut day of the preced7ng month. iha note sh~ll be cons~dered !n default when any paym~nt reqvired to b~
; madt hereundtr shall not have been m~de within thirty days folbwinp its due d~tt ~nd shall r~mai~ in de(~uh ~n+tit said ptyrrKM thafl !
! havt been made. Wb;4 in defauU, th~ note shall bcu imer~st a~ tht rate of 109f~ ptr annum in lieu of tM rate he•ein6efae specifi~d.
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All maken and endorsen now a heruher becomin9 puties hefero joimly and severslly waive dcn~~d, notice of no~-payment ~rd
protsst, ~nd s~ree that in the event of def~uh in the p~yment of any insullmcnt dw Mnunder the whok of said indebtedneu sM11 therr
; upon at the option of the Iwlder, become i~mrediately dve aad payabk, and if this note becomes in def~ult and k pl~ced in ths hands
~ of an ~norney for wllection. 1o psy reuaubk attorney's fees and all o~lwr cosn for makin~ such colkction.
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~ This note m~y be pr~paid in whok or ia paA at any time without pen~hy_
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' __~~._.~Q~~ ~i~- _ ~~_(SE~?t)
~ George C. Zimmer ~
j _.~~_FL•T .ARFTH B -_Z_ IMMF`1~ _~.~{SEAU. `
i Elizabeth B. Zimmer E
; - - _~__M.~.-----___REI?u
s
' ! WILBUR C . :
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j(ihis note a secued bl? ~ mo?~~e of even date enccuted by the makers Gn faw? of C1omnwniiyrFedtral SaC
~anySS~ Assn. of Rivier~ 6aad~) ~
and shall promptly perform, comply with, and abide by each and every the stipuiations, agreements, conditions, and ;
~ covenants of said promissory note and of this deed, then the estate hereby created shall cease and be null and void. 7
AND ihe Morgagor does hereby tovenant and agree:
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1. To pap a11 and s~nqulx th~ pincipal ud internt u~d otFw iums ot mw,ey wrable b~, virAre of said prom~aaory nwe ~nd this mony~, or eiil~a, prompfh
ee~ tM dM rapettivelY. Ihe ~amr savwally can~ dw.
t To oar aIl ~nd s~ngvlu rhe ta+es. asaessme.~ta, kv~es. I~~b.t~e~es. obi~qahons snd ~ncumb~snces o/ Ne~y ~arure on ss~o oescnbeQ proper+Y tacA ane every
when dve and p~yaple x~ad.nq ~o law. befae rhey become del~npuenr, a~d ~f ~he ssme ?hall not be wompfty p~~d rAe Mortqaqee mav at a.+y ~~me either befwe
j +(~e. del,npvencv wv s+me w~~AO~f wa~v~nq o. •(icct~~q the opr~o~ to fo~eclox. a~nr nqAr I.ere~nder, ~~d everr wymenr so made shall bea~ inrereyf irom
•~e da•e ~h~reo( ar rhe raee po.~ded ~n sa~d pan~atwr nore
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7. To ke~p the buildrps ~nd ~II e~ipnent and penon~l property now a here~hd o~ said premises, covered by this mwtysy~, irnured in • swn ~t Ies~t
equal to the unp~id b~t~nc~ of tkis mortype, inchid~np i;re, e~~ended cov~r~ye ~nd vand~lism aeK! m~l~c~.ws insvr~e as to p~operties olher Nw+ dwellinyt. ~nd
i~re. ex~ended cov~rp~ ~nd special form other perils iro~xanc~ o~ dwelli~+qs eligW~ for s~rch brosdened cover_~e - pov;ded, however. N~ar s~ch inurranc~ b~ in
amwnt svlficient ro comply witA any co-insw~nt~ rpuiremenfs coverirq ssm~ under tM I~ws o1 Me ;raf~ 01 f7oridr, and proriAed iwtha that tAe policy w polici~a ~f'~ ,
~hatl be writw~ in • compsrnr a compsnitt ud thtpgh an ~yencY yatisfactory ro Nr Morry~pee ~nd tFrt s~id policy W pOIKilf sA~ll 6~ IKId by tM MoAqsya~ ~ y
~nd sh~lt be~r a aUndsrd ll~w Ywk Mortyiage~ Clws~ withoirr contribut:on. ~nskirq the bss ~ndet said poticies psY~bi~ to tl+e Alorty~qev as ih infue~t may appear; ~
and in eM evtne ~ny w~n of rnonry becorrws Pw~bl~ und~r ~nY wch poliqr ar polic~ea. N+e Mortya9e~ sMq Mve fM optim w rece~w ~nd ~ppiy tlr sam~ on
accaxu of Nr iid~bf~dness he+eby sec~red, w to pwmit ~M Morty~qor b receiw and uu N. a a+y part thneof, iw oM~cr purpoa~s, witiw~rt thereby waivi~g
or imp~hin9 +~w ~vN~M, lien. « ri9M ueKk+ and br vinw of this morew9r, and in ~he evem rhe Mortqayor does not comnh wi~h Nas covaMnt, tM Mortg~ge~ ~
W
R++r a~«. .nd wr fw wd~ wnwa~c~, w r~y pxt ehereof, wiMqut wriviny w afi~ctinq NN opt~on ro faeclw~, w~ny ri9ht Anearnder snd the firll ~mwrm oI e~ch
sn0 ~vwy wd~ payma+t sMll bt iermdiatelp dv~ ~nd p~yaW~ ~nd ihall ber inMest /ran ~Ae da~e ehereo/ untii p~id at ihe rate povided in ssid e~or~ ~nd to~elhn ~
wi1L s~de inlerM ahsll b~ s~eurw bY Ih?• 1~ o( Nrs ~nwty~q~. ~
; 1. ?Ae~ ~alyo~~, iwp, ee awp ti~ dvriwo tM ~wlqop~ Nnw, asd in iM d'ncr~tiow, opptp fo? r~d oI ~1Yo~ Yuw~wAr i~r~e~u cer??iw0 1M i~ ~
~ wwlqo~ ~i~crleel br IM~ rnd~riipw~d ow ~vee dof~ Mer~«iN~. Pa7 tM prtwivwt dw bp r~OSOe /INt~of, o~d rp~ir~ r~porw~w/ br /M vwd~rsiyw~d ol
~ such o~woueri w ar~ ad~oeced bp wid iwortyoqee. In rhe e.enf of Foilur~ bp the vnd~nipn~d b rpor soid o~wo~nri ro soid ~o~epep~e, socb /oifw~ sAoi1 Q~
~ b~ con~id~nd o d~fovh, ond d) provisioes o( rM wob ond awrtyop~ ~itA .•yo.a ro d.1oYh sAoll b~ opplicobl~. Om
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~ S. To pKmir, comn1t a~uHa no wuN, inp~irrmnt a detaarNion of uid Prop~rty, o~ arry p~.~ ~l,erwf, and irpon Mw (~ilw~ o( tM mwf9a~w to k~ep tM
bvildiegs on said popartp in yood cwdition of rp~"w. Nw Mwtp~ye~ n~r A~m~nd tM immedian r~i~ o/ sud bv:ld:nq~, a an :~ue~s~ ;n N~s ~ina,nt of Ncuriry, a
?M inrn~li~M rprym~nt of tM deM her~b~r ~enK~d «+A ~M f~ilw~ oi fM Morty~pa ~o canvh w~th uid d~nd of tM Mor~p~pM ia • pwiod o( tiuAY (~1
day~, sMll comtGtv» a bre~ch of tAis mortqay~. ~ed. N ~i» optan of d» Mortyayn. imm~d~~uh~ m~nws tM ~m~n M.w~ien of pincip~t ~nd i~~etr M~ebr
• ~ec~.ed, y,d ~n+~+e~ar~ly ~ne withwR notic~, eM Ma~psp» ~y irstitvN poc~dm9s fo fa~clos~ this mwrpp~ anA pph for th~ ~ppo;ntr„~m of • R~c~~~«. ~s
F.e~e ^~~~te> r~:.:drd.
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