HomeMy WebLinkAbout1820 . ~ •
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TO HAVE AND TO HOLO the same, together with the te~emants, he~editaments and appurtenances, tmto tfis :
Mortgagea, in fee simple. '
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ANO the Mortgagor does he~eby oovanant with `he Mo~tgagee that he is indefeasibly seized of said land in fee simple,
that he hss full powe~ and lawful ~i9ht to oonvey said land in fee simple as aforessid; that it shail be lawful for ths ~
Mortgagee at all times peaceably and quietly to ente~ upon, hold, occupy and enjoy aaid land; that said land is free ~
from all incumbronces; that hs will make such fuhher assurances to protect the faa simple title to said land in the
Mortgages as may reasonably be required; that fie does he~eby fully warrant the title to said land and will dafend the ~
same against the lawfui claims of all persons whomsoever. ~
PROVIDED, ALWAYS, that if the Mortgagor shall pay unto the Mohgagee the certain promissory note of which the
following in wards and figures is a true copy, to-wit:
(SEl3 COPY OF NOTE ATTACBED HERETO AND MADE A PART HEREOF)
4 COMMUNITY ~EDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA dEACH
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~ ~IIr#~tt~e ~a#e ~
~ _ RIVIERA 6E/1CN. FIORIQA 19
~ ety~p ind~bt~d, vdve receiwd. th~ vnderspned jointl~? snd sevsr~lly promis~ b pay to COMlNUN FEDERAL SAVINGS AND
I IOAN ASSOGIATION OF RI dEACN ~t iri oHic~ in the Gty oi Rivie~~ 8each, Fbrid~, a orde?, ths wen of
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` roye~h.. wirh ints.sst ~Mreon u hers' s~ared in mor?thly instdlm~ms of ;
i pp~~ ~ ~ Th~ fint irut~IM+a+t shall b~ pay~ble on the
i~r of ~ ~+d svbsequent inst~llmems M dw and p~ysb4 on tFr
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f d~y oi each and every ulendar momh then+fier unti pr'~ncip+l and intaest u~ p~id.
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i l~rqcr sums may be p+id +t ~ny time, but the nt of any such yK sums ln additan ro tM p~Y~+?~s herein rp~ired ah+H
' not .tli~ve the m~k~rs oF tM p+ymsnt of the ma+tFdy instal n herein pro ' for, unku it B spsdfk+Op stipvlat~d by tM m+kas ~t t1+~
i r~m~ of p~yment thst svch laryer sums ae to be appl~ed to the vance yment of tM monthly irotallm~nts mxt matur6g in tl+~ order ot
thei. du~ dates_ All psrmeots mad~ upon this note sMll b~ ~ppl' i to ths p+y~nf of ~cuued interest and seaondly upa+ tlw Pr'r+cip~l.
~ This obli~stion sh~ll bear k?terest from daa at tht rah
~ pe. ~nnum until ths principal and interest art fully p~ld.
~ Interest for cach ukndu month slull be ~c the f'kst day of ' month and b~ computQd on the unp+id b+~+no~ of prin~~l
I and intcrest existin~ on the lut day of th~ pr~udln9 th. ?his not~ shall 6~ idered in default when a~+y p+Yme~t nqwr~d a bs
~~r~ade herew+der shall oot have been m~ within days followiop its dus ds ahsll ~tmain in defauh u+til ssid p~ymem sh~d
i Fuve b~en made. Whik in def~uh, this note s bea interst ~t th• r~te of 109f. aenvm in lisu of the ra» heninbefore specifi~d-_
~ rus hcrero joimly and ae ly wirvt denand, notic~ of ~~ymsat and
j All maken and tndoners now or esfta becominp p~? '
! protest, ~nd pree that in the tvenf of wh in tf~e p+ymeet of any irutallment due hsrew~d~r wlwb of a~id indebtedness shatl thers-
~ upon at the option of the I+older, imm~diatsly due M+d p+ylble, and if this note in def~vlt ~nd is pl~ced in tM Fwds
i of ~n ananey fw oolkction, to p~y bl~ attoreelrs fe~s +nd all other oosts for m+kirg s~ch cd
~ This ~+ot~ may b~ pn in whole ot in part ~t ~ny time witlw~t pen~ltr.
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j I REnU
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nofs a aea+.ed bY ~ mw~yape of even date e~cccv~.d b~? the ~naken ~n fawr ot CannwnitY Fed~ral S+va+p"s and loan Asu~. of Rrv~~ Ee
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. ~
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AND the Morsgagor does hereby oovenant and agree:
l. 7o w1~ a8 and s~+~ tlr p'~ncipsl and interest and otha swm of monw Pw+~ bY vatw of said W~s~Y ~wN snd ~hMS morty~p~, er eitFiu. V~wipHY
on tM d+ys ?esp~ctiv~~Y, tAe s~me ww~llp cwr du~.
l. TO pr ~II ~rd sinqvlu Me 4aes. assess'nenN. kv~ea. lub~l~~ies, obl~qa~~w~s +nd ~ncu~^b~ances ol rvery nshrre on ss.o Oescnbed pope~hr eacl+ and ere*Y
w?,en Aue a~d wraAle xc«d~r+q ~o I~w. befae M~etr becwne del~n~weni. and if the sa1*+e sMll na be p~anp~h v+~d rhe Mor~qagee m+y sf iny h/ne ei~he~ befwe
•t~ del~~pue~cy pay rl.e same w~~l,ou~ w~~v~ng a aflec~~nq d+e oot~o~ to foreclou, u anv r.qAt 1~e*ev^der. and evrY P+Y~^~^~ sh+ll bex inreres~ fran
+^e da~e r~ereol ar rhe .~re prov.ded ~n aa~d pamssorv ~w~e
~ 3. To kep the bvitd'inys ~nd atl M~P~^f and PW~+~ W~tY raw w hnesfter on s~id Wem~ses, cov-red M this mw~gsg~. imw~d in • swn N kast
eawl Io rAe w+W~d b~Anc~ of Mis n+ort~~. inck+d~W fin. eatended cove~+ye and vand~lisin and malicidn inswance as to P~oD~ties o1M~ Nyn dwdWqs. +nd ~
f~re, eaunded cov~r+9~ ~nd fpacid iam al+er Perih imw~na on dwetlinp~ ~liqble for wch brwdeeKd cover_.~e - P~~~ded. how~ve*. ~t wd~ irow~d b~ ie~ ~
imwint svtf:cia~e w caroN wid~ +np co-i~w~nc~ rquwremenfs coveriny sanr undN M+~ la.rs of ~he ;ua of ilorid~, and wovided fureMr rMt the Polic~r or Pd~
s1u11 b~ wr7tNn in s canP+mr p co~nP+~r~s ~nd tMo~qh +n ~V~nctl sstisfactory to N» Morty~pe~ a~d thN s+id DdKY a Pdici~s sl+sll b~ Mld by th~
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and ahdl bw • sandsrd N~w Y«k Mwty+9M Claus~ widww comriMnan, m+4~rq tl+. bs. w+d~+ s+~d polKies wv+~ m+~ ~~4" ~ iea intM~st mqr ~ppex: ~
and in th~ ~v~nt ~nY surn of rrwrNY becoen~s P+YabN ~wwMr ~r s~rcA PdKY a Po~ieies, tl+e Mwtq~gN ahall Mve tM opt~on W reu~v~ ~rd ~ppiy M~ ~am~ on .
a~~= accevm of ~ht ind~bt~dnesa her~bY secwed, a b P~t 1M Maty~qw b rtteive ~nd vse ~t, w+~1~ D+„ Maeoi, ta od+er PurPOS~~, witlw~M /h~r~M w~^^~q
or imO+uieq +~Y ~h~, liwn. a right wd~ ~nd E9~ rirew of ehia ~nat~: ~nd 'a~ tM event tlr N1w?g+9w does not cuwwh vrith drs covenaM, tM N~wfy+i9N
,r,ay pl~c~ ~nd Wt~ fa wd+ :mur~nce, w rw D+~ ~eof, withwt wa:virro a aff~ctinY MK oot:on to for~clos~, a~ny ri9At herew~der ~nd the fult amouM of s~ch
ar.d ~+rwy sucA W1mrM sMll b~ inr~rdateFp dw and WIIaEN and shall be~t inNres~ fran tAe dm ~Mreof ~Mil psid at ~he rare povided in ssid noN and togaM+s~
wifl~ su~[!~ inNrpf shsll b~ sacvrM b71 Ih~ bM Oi Ihis mwt~9~• )
~ tb Mrw, ewd in ies disctNiew, eOpl~ f~r r~wNd o/ ~oy~ 9vwab iwwrawt~ oe~~0 M»
4. iM? ~wfOp~~, iwp, e~ aq tiw~ Awiw~ ~w~Yeq~
w~wqe~ aucvr~d bp tl» w+d~nqMd oe ~nw doh Aerewitb. Pe1 tM p.ew~ivws dw bq rwso~ tMno1, owd ~pvir~ r~ps~rMM b~r Hw w~d«siyw~d sf Co
~rcb o~ovwM o~ or~ advonc~d by wid worqope~. In N~e ~~~nf of fo~lrre by ~M v~rspw~d b~~pop soid owouwb b wid ~wr14e~~, wcA l~ilvn d~oM
b~ cow~id~r~d o Mfo~rh, owd dl preoisio~s ot tM no1~ and wo~tpoYe w:?1~ repo.d ro d~fovh sAoN b~ ePp~~cobb.
3- Te W~~nit, co~nnwt or wff~r no wau, imW~~m~nt a d~wr"wr~tion d~aid proWrlY, o~ s~tr 0+~~ fh~r~of, ~nd ww~ ~M ftihrr~ of eM mortp~qw to k~ep d»
bvitdinqs on s~id P~~~Y in pood <ond~tion of nWN. 1M MortW9N nry d~nd tM ~+e~ rp~ir of uid bwld:egf, o~ ~n :nuwa~ in tM ama+we of Nturih. w
tM i~wwrd~~N ~~WY~~ oi th~ d~bf her~bY ~~d and tlw i~~lur~ d tM Mwt9~9a b cwnPh with s~id d~nw+d of ~M Morlp~q~ fw • p~?iod ef MwnY (30)
days, sMll constin,» • bre~ch d N~i~ ~nw/9~9~, and. N~M aMion o1 Mw Mon9p~~. ~~d.aNly matur~ -fh~ eMi?~ anourN oi Wintip~l ~nd inNnst ha~b~r
iecw~d. snd ~mr.e~~iro"v ind w~rl+art noliu. IM Mwty~yN nN~/ ins/ihM i~~ M fat~clo?~ Mif mwt9W~ M~d +pph for IM ~PD~ntmenf of ~ R~c~ivar. ~t
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