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Home My WebLink About0978 . • . . . TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and appu~tenances, ~nro the Mortgagee, in fee simple. AND the Mortgagor does he~eby oovenant with the Mortgagee that he is i~defeasibly seized of said land in fee simp{e, that he has full power and lawful right to convey said land in fee simple as aforesaid; that it shall be lawful .fof the Mortgagee at all times peaceably and Quietly to enter upon, hold, occupy and e~joy ssid Iand; that said la~d is f~ee from all incumbrances; that he will make such funher 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 agai~st the lawful claims of a~l persons whomscever. - ~ , e PROVIDED, ALWAYS, that if the Mo~tga~ shall pay unto t~e Mortgagee the certain promissory note of which the t following in words and figures is a true copy, to-wit: COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION Of RIVIERA BEACH a ~~ur#~x~e ~DfP - , ~ aiweiu? s~?a+, Kortiu~ January 2/~ ~974. d~inp indebted, for vdue received. the und~ng~ed 'pintly a~d seve~atly promice b pay to CONIMUNITY fEOERAI SAVINGS AND ~ IOAN ASSOCIATION OF RIVIERA BEACH at its.oHio~ in tM Gty of R'wier~ Be+ch, fbrid~, a order, tM swn of TWENTY~TWO ! THOUSAND AND NO/100-=-------------------------------- ~S ~ 22 ,000 . 00 ~ ~ ~ wye~Mr with intenst tMrcon ~s hereinaf~e. s+ated in monthly irotdlm~ma of ~AE Hundred Eighty-Four allC~ ? 63/100------- °OW"~ K 184.63 ~+e fint ie~tdlment shsll be dw and~p+Y~ble on the tenth ~ d,,, ,F July ~9 74 .~a :vbsequent ~ns,.~~ts sF?+n be ch,: +nd wr,bl. a? the tenth ~ day of e~cl+ ~nd every ul~ndr momh thataha untiLtlw principal and interest ue fulh? p~id. t~rger sums may be p~id ~t any time, bW the payment of ~ny such luger sums in addition to the payme++ts herein ?equked shall not reli~ve the maken of the payment of the mor+~hly installments herein provided for, unkss R is spcdflally st7putated by the maktn ~1 the time of paymeM that such laryer sums sre to be applied to the advance payment of the monthly insNllments next matwing in the orde~ of their due d~tes. All payments made upon tha note sMll be applied fint to the payment of acvved intcrtst and secaKlly upon'the princip+l• This obli9ation slull besr interest from date ~t the ?.n or Nine P~ 9• ~ X) per annum until the principat and inferest ut fi?Ily paid. Intcrest for each ulenda? month shall be acuucd on the fint day of sa~d month ~nd be computed on the unp~id balanu of prinupal snd inrerest existiny on tfie lut day of th~ preceding month. This note sMll ba considered in default whsn ~ny p~ymer?t rpv~red W b~ : made hereunder ihall not have been made wilhin thiAy d~ys fotbwinq iK due date and shsll remsin in defwh uMil said p~ym~nt shaM : hsve been m~de. Whik in defauh, th~: note sh~ll be~r interest at tht rate of 10'X p~r +nnum in lie~+ of th~ rate Mreinbtfwe sp~dfi~d_ ~ i ~ All mskcn and endorsers oow a herufter becom~np puties hereto jointly a~d s~verslly waive denand, noYwe of non-p~ymem and protesL and ayree thst in the event of defa~h in the payment of snr installment dus herevnder the whol~ of s~~d indebtedneu sh~ll there- upon ar tF?e optan . of the holder, become imrnediately dw ~nd payable, and if this note becw~es in defavlt and K PIKtd in ths i»nds ( of an anorney fw wlleciion, to p~y reuon+ble altorney's fees and all o~her costs fw makirg such colkction. This note may bs prepaid in whok or in part at any tim~ without pen~ltp. ,$~.--.?C~SF.PH _j~__$ATFM N _~_(SEAU Joseph H. Bateman -.`_-__.__----csfwu IRENE C. BATEMAN ~------------~c~wp Irene C. Bateman ~s~u~ (Thi~ note b ucured by a mo~tpa9e of even date euecutsd br the maken in ftwr of Cortununitp Federst Savin9i ~nd lwn Assn. of Riviers BeK~) 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. AND the Mortgagor does hereby covenant and agree: l. To par all a~d sinW4~ ~?r winc:wl and int~rest and other sums ot moneY Pw+~ ~ vvtue of said pan~ssory note and this mortyp~, or ~itMr. pomptly on N» d~ys r~sp~ctivelr, th~ same ~rvvally cowr due. - 1 1o paY ~11 ~nd sinq~l~r ~he ra.es, assesfinents. lev~es. I~ab~l~nes, oEl~ganons ~nd ~ncumbrances of werY nawre on sa~a aescr~bed pope~~Y exA and every when due ~nd payabk xcad~nq ro taw, befo.e rhtY becomt del~~qven~, snd the same sAall ~o~ be p.omO~ly pa~d rhe Monqagee may at an~ time e~ther befae - a attes deLnq~encr GaY ehe same w~tl~a~t w~iv~nq w elltct~ng tAe opt~on ro fpec{ose. a ~nY i~91~~ Aersunder, and evpr DaY^+~^I so madt sAall bear ~Mertst from +~e da~c rhe.eol a~ ~he ra~e po.~ded ~n sa~d Womnswy nore To kep the buitd'enqs s~d a~l pvipment snd penon+l pop~rry now w herea(rer on uid pemises, cow-red by this morty~. inswed in a swn ~t leatt ~owl to Me w~p~id b4nc~ of Mis mal~g~, ienlud:rp fir~, eatended cmre~age ~nd vand~li~n and malic:ovs inswance as to Wopert~n othar lhan drwllinqt. ~nd fire. ~atended coveraye and spec:al twm ott~er perils intwa~c~ on dwellinys tligible iw such broadened covcr_~e - pov~ded, howwn. tMt sucl~ :~s~xr+c~ b~ in sma+nt su(fitiMl to carply with ~np co-irowant~ rpuiremenri coveritg ssmt unde? ~M la~rs of tM :tat~ of Fb?id~, and povided furtMr th~t the pol'~cq w policip sh~ll be wrin~n in s cwnpany w canpanies N+d Mvo~yh ~n pencr ss~isiac~ory to tM Mortpsyee ~nd t!W uid policq as pol~ciea shdl 6~ held by tM IYloripsyee ~nd uull ber • stand+rd 1Ww York Morq~qN Cla~s~ withouf contrib~n~an, makirq Me loss wder said pol~cies p~yabM 1o tM Mor~q~qe~ u ip intaest map ppex: and i~ N» evenf ~nr wen of rrwney b~co.ees WY+bh undN s~. such policr or oo'~uss, the Nlortysqe~ shall have tM op»on ro rece:v~ Md applr N» sarne on xcoun~ of the indeW~dness he+eby a~cur~d. or ro pNmit eM Mwfpaqor to receive and uu ~t, a~ny psrt ehereof, fp otl+er purposes, witho~t Hwrebr wsiv~nq w wepairinq arry p~~ry, litn, w riqhf rnder u~d by virtw of this mwfpspe: and ie~ Ihe erent the Mwtq~qor dot~ no/ canply wi~h tAis covenant, tM Monq~ge~ msy PI«~ ~ed p~y fa wch 'w~s~wu+c~. a~ Mr p+~ M~eraof, withovr wa:vi~y a ~ffacriny tM opt~on ro fo.~clou, a ww r~yF~~ here~x~dn ~nd tMe fvll ~+rwwr of eacl+ •nd evwy s~ psym~nt afi~ll b~ iwrrrdia~ely d~ and papab~e and sh~ll bear interdt iro~ ~M date thereo( ~ntil paid al tl+e roee prarided in said rwh ~nd togeA~er ~ wit? sutA in~erdt shall b~ secw~0 by tM I~ee of Ihis rnaly~qe. • TIw1 wor~~, wsr, af owp fiw~ dw'~np 11» woA~op~ Nrw, ond ia iM diuret+o~, oppl~r Iw nw~rd oi iwatqo~ ~reronyr iwwrowq tewriw0 Ibr ~ iwrloao~ ~a~tvl~d by tl» und~raipn~d ow ~we dote I~~rerriM~, pop tM prerwi~wn dw bp ~wwn /Mr~of, ond ?p~ir~ r~popMwl bp 11w und~r~ipn~d e( W s~rcb wwvnb m or~ od~oeced bp soid war~poqe~. In tIK ~~ent of foilvr~ bp th~ ~ndtrsiyMd W rpar wid aino~nM b wid warqo~, artA (eil~~~ d~ll e: b~ coesid~r~d o d~(ouN, ond dl pro~isions of tM wM~ ond wwrtpop~ ~~th repo.d ro d•fo~h .hoN b. opplKObl.. 4 S. ~o permie, con+m~t w wf}N no wat~, i~irmua a drHria~aon ai ssid prop~rty. a amr ox~ ~Mreof. ~r.d upon Nw f~ilw~ of tM mwtyaqw b k~ep M» ` J buildmy~ on said wop~rh~ io pood <ondeian oi rp~:r. th~ Maq~qN .r~r d~m~nd tM inwmd~se~ rep~ir of u~d Iw~ld~9~, w~n ~rwe~ in tM amanw of s~cur~h, w~/~ ' t1» iennwdi~N rp~ym~nf of tM debt henM secw~d ~nd tM I~ilue~ of tM MoMwva a curoh w~M s~~ demr+d of ~M M1ony~y~e fw • p~rad of thiM (~0) ~~i d~v~, shall consti~~rr~ ~ breach of d~is mortpap~. ~nd. ~t tM optan oi tFw Mort9+9N. ~nn+ed~a~ely matvr~ ~M ~nCr~ arna+M ot PlvrcW~l ~nd inMn~t her~M A[O secur~d. ~nd imme~~~~sty ~~d witharf notic~, tM Matq~q~ ~y imtihM pronedinqs to (w~cbs~ ~h~s matypa a~d ~pplp foi tM aopo~ntm~m of • RK~ivN. O ht« -.1!ir p•o...j~a G cn