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TO HAVE AND TO HOID the same, together with the tenements, hereditaments and appurtenances, u~b tfie
Mortgagee, in fee simple.
AND the Mortgagor doe: hereby covenant with the Mottga9ee that he is indefeasibly seized of said land in fee simple,
that he has full power and lawful ~ight to convey said land in fee simple as afo~esaid; that it shall be lawfu) for the
Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and enioy said land; that said land is free
from all incumbrances; that he will make such further assurances to protect the fee simpie title to said land in the
Mortgagee as may reasonably be ?equired; that he does hereby fully warront the titie to said land and will defend the
same against the lawful claims of all persons whomsoeve~.
' PROVIDE~, ALWAYS, that if the Mo~tgagor shall pay unto the Mortgagee the ce~tain promiuory note of which the
following in words and figures is a true copy, to-wit: ~
COMMUNITY FE~ERAL SAVINGS AND LOAN ASSOCIATION Of RIVIERA BEACH
~~ar#~~~e ~o#~ ~ z~.
e~viEw? e~?a+, Hort~o~ MarCh , i9 74.
Beirg i,+d~b~~d. fw wlue receiwd. th~ vndengeud jointly snd sereratly promis~ a p~y ro COMMUNITY FEOERAL SAVINGS M10
IOAN ASSOCIATION OF RIVIERA dEACH at its offke in the Gty of Riviera 8e+ch,.Florid~, a adsr, the swn d THIRTY-FOUR
THOUSAND THREE HUNDRED AND NO/100-------------=---------------"~ t~ 34,300.00 ~
w.~ inter~st the.eon a herein~f~er stned in ~+n~r ~ta~»M. ~ Three Hundred Four and 22/100--------
----------------oow?as cs 304.22 The fint iiut~llment shall be du~ and pay~bl~ on the tenth
d.Y cf August ~9 74 «+a :v~squent x?s+.~Ims~, s1+.~~ be d~» .nd p+r.b4 w~ th. tenth
d~y of e+ch and every c~knda? month Ihere~her until the principal and interest m fully p~id. ,
la?ger swns may bt paid st any tune, but the p+yment of ~ny such Isrger swns in additioa to th~ p+ymenK herein reqvired sh+ll
not relieve the mskers of the payment of tl+e momhly imtsltments herc+n provided tor, unku it is ipediiuly stipvlated by the m+ktn +t tM
i~me of payment that svch Iarger sums are to be spplied to the advance payment of the mo~+thly iastsllments r~xt matur'ug in ~~d,
rheu due dates. All payments made upon thn note shsll be ~pplied finr ro the p+ymeot of ~ccrued interttt snd seoondM upon
This oblg~tion shall besr interest irom date at the rate ~ eight & eight-tenths pa w?~ ( 8-8 x~
per ~nnum until the printipal snd interest sh futly p+id.
Interest fa e~ch c+kndar monlh shall be xvued on the first day of said month snd be canputed on the unp+id ba~+~oe of pri~dp+l
u~d ime~est exwtiny on fl+e lut day of tFK preceding month. ihis note siull be cons7de?ed in default whsn ~rryl p+YmerN re4~?utd ro b~
made hereueder shall not hsve been rrud~ within thirty days folbwirg its due date and sh~11 rcmain in defauh until said p~yment sh~M
hsve been made. Whik in default, th:s note sMll be~r int~rest at the rate of lOX per +euwrn in ~iev of tht tat~ hsreinb~fwe spedfi~d-
All maken and endorsen now or here+her becom~np putks heroro joimly ~nd severally waive der~and, notiu of oon-paymem and
prot~st, u~d ~yree that in the event of def~ult ~n the p+ymcnt of any installment due hereunder tl+e whoM of s~id indcbtedneu sMll rhere-
upon ~r the option of tM holder, become immediateh du~ +nd Mysbk, and if tAis note becomes in default u~d is p~+ced in tM Mnds
of se ~norney for colkdion, to pay ~easonabk ~ttorne~s fess and all other costs for m~kirg sucl~ colkction.
This nole may be prepaid in whok a in ps.t n ~nr time• wi~hovt pen~hy.
~
i S/_Herbert S: Clarke ~ ~cs~wu
I HERBERT S. CLARKE ~
~ --csE"~?
~ S/ Lois Clarke
- --.~__.---,cs~w
~LOIS CLARKE
(ihis note is secvred by • mort9age of even date exeMed by the m~kers in fawr of tommunity Fed~ral $~va+g"s and lo~r? /1un. of R'niet~ Otach)
and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, conditions, and
mvenants ot said promissory note and of this deed, then the estate hereby created shall.cease a.nd be null and void.
AND the Mor~gagor dces hereby covenant and agree:
l. Io P+li aM and s~+~ ~ winripal ~nd imerest ~nd otl+er swm o( monw V+Y+~~ f+Y virtue of said pom~ssaY nW~ and th~s mor~9~9~, or eifha. W~PMI~
on N~a dyn .~sp~ctively. ~M same s~v~r~llr con~ du~.
t. to Wr ~11 and s~nqirlu r~e ~aaes. ~ssessrnems, lev~es. I~ab.l~~~ea, obl~yn~ons and ~~cumbrances of rvery narure on sa~a aescr~bed poperry eacA and every
when d~e and pay~ble xcad~rg to I~w. be(we ~hey bccwne delinqve~~, and ~f TAe same shall no~ be a~w~Iy pa~d ehe AFongaqee may ar anv t~.ne e~~her before
o~ a~tc~ del,nq.~encr wr rhe same w~~AO~t w~~vinq w affec~~ng ~At opt~on ro faeclme. w any nqht herev~+der. and eve*r P+Y~^~ so made sMll besr intereaf f~om
~he da+e ~Aereof ar rhe .au p~or~ded m sa~d pran.ssory ro~e -
~ To kep the b~ildim~s u~d sll puipment snd perw~a~ poPeftY now a heresfte~ on said p~em:ses, cowred by this mw~y~9t, imwed i~ s swn N(s~st :
~ ~wI to tAe w~p+~d b+~+nce of N+is mortg~y~. incl~ny fire, ea~ended cover~ge +nd vand~lism and malic~an inswanc~ as to pope*ties otMr thsn dw~llinys. ~nd
~ fire, eaunded cmroag~ ~nd svecial (wm other pe~ils i~aura~c~ on dwellinqs sliyiWe for i~ch bwdened cwer_ie - prov~ded, howwe~, d++t s~xA iroursnc~ b~ in ~
smou~r wf(ici~nt ~o comP~Y witA anY co-inswanc~ rpuiremenri covsrirq sa~ne vndet d+s I~ws o! the ~ab of Flwid~, and P~wided (vrtlK+ th~t the polic~r or Pdicia i
sh+Il be writt~+ in • compsnp a comv+M~s +nd throuyh ~n ~yency sat~siactorY to tM Mwry+qee and tMt uid policY w P~KNS shall b~ hsld bp tM Mwt9~g~e
~ ~nd ~h+ll bea~ • s~and+?d N~w Yak Mwtp+q~e Clwne withart contribv~ion, msk:rq Nx bss wder s+id policies psy~ble to the Mwty+pa+ a ifa interest miy sppex: ?
n
~ ~+d in +M event ~ny win oI money beco.r~s wTab4 undw +Mr s~rcl+ Policy w Po~icias, the M«tyayn shatl !yw ~he oWion a r~uiw ~nd +vdY Me s~ on ;
xcow~t of tM i~d~W~dness hersby secwed, o~ a pwmit H» Mafy~~ to receive snd use it, a s~r Pxt ~Aeraw~. Ia o~her o~P~, without Hwrebp wiivi~g ~ ~
or imP+~r"uq +m~ ~h, lia~, or riyht u~+der u+d M virrw of this mortyaye: ~nd :n the ewnt th~ Mwtys9w does not cwnON with this cove~aM, tM 1Morty~9e~
rniy D~+c~ wd WY for s~h ien~w~nce, or +~W P+r1 tlKreo(, wiNwu/ waivirp w afi~ctirg tM oWion ro f«eclose, a+nY riyAt I~era~,nder and tM full ~mou~t o( e~d+ ~
aed eviry sucA paym~nt ahsll b~ imrrdstcl7l dw ~nd P+Y+bb +nd sA+ll be~r inlerest iran the dafe Mueoi until paid a~ the rate prov~ded in said no1~ snd foqefher
~ wit` stKh interdt fh~ll b~ secwe0 bY IM INn of NNS wiortqa~.
~
TAet ~atye~~, iwp, of ayr IiM dvriny Nw ~wtye~ Nr~, awd iu i~s diacr~tioe, aVP~I !w r~wwd of worlpo~ 9~ro?awfp i~wre~c~ oowriw0 1A~
~w1~o0e u~tut~d bp ~ und~nqn~d on w~~ dal~ hertiith. PoI tM presiuwn dw bp rwtoe tMr~of, ond rp~in reporw~wf bp fA~ ~nd~niya~d af~
tYCb owo~MS m ar~ od~onced bp soid wwtqope~. In rAe e~en1 of tailvr~ bp 1At undersipn~d b r~po~r wid o~ounM b wid ~wortyoON. ~nth leil~r~ ~oll
b~ con~id~r~d o d~lovN, and oll pro~isiows of fA~ ~W~ oed aarfpoy~ rrith reyord to d~(adt ~hoN b~ opp~~cobb- ~O
CO
S. To pamit, co~n~t w suffa no w~fN. irnp~irm~nt a dete~~or~tian d uid propNtr, a aw psn N+srwf, and epon N» i~:lvr~ of tM ~np~yw w IueO
bvitdiny~ on uid prop~rtY in pood <ondtion of r~Wir, tM Mor19~q~ m~Y ~d tM immediaN rep~ir of s~id bvildirgs, w~n inu~as~ in tM arnount d Nturi~Y, or-
N» im~rd~» rw~r~~ of Nw debt hireb~ a~cu?ed and t!w f~ilur~ of A» Mortp+qor w canDN with said d~m~nd of tM MortWYM fw • OMad ef ~hinl/ (~'1 ~
-":5 d~YS, sMll ca+stir~» ~ beach o/ this rnort9e9~, and. ~1 tM aWion of /M Mort9+9e~, imm~dia~~ty m~tw~ tM entir~ wna+M oi pincip~t snd intN~s~ her~bp
secur~d. ~nd imTc~~~rely ~~d wi11wW notip, tM Mort9+9N ~11 j~stihM poeMdinqr ro ~oncbs~ Mis mo?tp~p~ ~nd ~pp1y fp M~ ~ppo~n!r'ent of a Rrce~~er, a~
Fe~e.-e~rn C'o~.~ded
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