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Home My WebLink About0415 ! ~ . ~ TO NAVE AND TO HOLD the same, together with the tenements, hereditaments a~d appu~tenances, unro tfis Mo~tgagee, in fee simple. AND the Mortgagor does hereby covenant with the Mortgagee that he is indefeasibly seized of said land in fee simple, that he has full power and lawful right to oonvey said land in fee simple as aforesaid; that it shall be lawful for the Mortgagee at all times peaceably a~d quietly to enter upon, hold, occupy and enjoy said land; that said lend is free from all inc~mb~ances; that he will make suth further assuronces to protect the fee simple title to said land in the Mortgagee as may ~easonably be ~equi~ed; that he does hereby fully warrant the title to said land and will defend the same against the lawful claims of all persons whomsoever. PROVIDE~, AlWAYS, that if the Mortgagor shall pay unto the Mortgagee the certain promissory note of which the : following in words and figures is s irue copy, to-wit: ~ . ~ ~ . COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION Of RIVIERA dEACH ~ ? ~IIr#$tt$e ~Dfe RIVIERA BEACH. FIORIDA ~t' a 1974. oeiny indebted, fw value rcceived, the v~+dersi~ned jointly snd uver~lly .promue to pay to COMNIUNITY fEDERAI SAVINGS ANO tOAN ASSOCIATION OF RIVIERA BEACH ih offics M~ a~ of Rivicra Be~ch, F~~a., a«a.., ~~ENTY-EIGHT THOUSAND AND NO/100-------------------------------------------- oow~xs cs 28,000.00 ~ ~ royerher wirh interest tMreon as Mrsin~fter itated in Ranthy ~ Two Hundred Sixty-One and no/100------- ~ ' oouwRS ts 261.00 nx f~.t ~t.i~~t ~++u ~ aw .~+a wr.b~. a, ~ tenth ' ! d.Y or ----August ~9 74 .~a .ubsequtnt ins„umems :h~u b. d~,. ~~a wy.ba on t1~e tenth i d~y of each and every calend~r month thcresher until tM prindp+l ~nd interest ue fully paid. L~rger sums m~y be p+id ~t any time, but the p+yme^t of any such Isrger :ums in addition to the payments herein required sF~all , not rel~eve the makers of tl+e payment of the momhly installn+ent: herein provided fw, unteu it is specifically stiput~ted by the m+ken ~t the r~me of paymem that such lu9er sums ue ro be appl~cd ro the +dvance paymeM of the monthly installmenis next matwing in the order of f fheu due dates. AII payments msde upon this note sfiall be applied fint to the payment of atcrued interes~ and secoodly ~po~ t1r P~~^~~P+~• ~ Tbis obli~~tion shall besr interest from dste at the rate of Ni ne & Fi ve-Tenths c 9• 50 per annum until tl+e princip~l and intcrest m futly p~id. Interost fw each ukndar month shall be scuued on the f~r:t day of :a~d month u~d be computed on the unpaid balance of princip~l u~d in+erest existing on the Isst day of the preceding month_ This ~ote shsll be considered in def~ult when any payment reqvired ~o bt . ~ m~dt hereur?der shall not hsve been m~de within thiAy days folbwirv~ its dve datt and shall rem~in in defauh until ssid payment sha11 3 have been m~de_ 1Nhi4 in dsfault, tF~s note sh~ll beu inter~st at the ?at~ of 10% per annum in li~v of tht r+t~ h~riu~MEae sp~cifi~d. ~ All msken and endorsers now or hereafier becominy puties Fe?ero jointly s~d severslly waive denand, notice of non-p+y~nem snd : pro~est, and ayree that in the event of defwH in ~he p~yme*~t of any installmcnt dw i+ertunder the whok of said indebtedneu shall thero- i upon ~t ~he option cf the holder, become imrnediately dve ~nd payabk, snd ~f tl+is rate becomes in def~ult ~+d is pl~ced in tt+~ hsnds E of an •norney fw colkaion, to pay reuonabk ~ttaney's fees and all ofhar cosK for makug svch colkction. i ~ I This note may be prepsid in whok or in pan at sny r~me wirl+out pen~hy. ~ ; S Charl es F. Adai r __^_._.cs~wu ~ f - CHARLES F. ADAIR : ~ ~ _~__Genevieve Adair ~c~wu 4 ~ ~ ~ GENEVIEVE AOAIR ~ : ~ - ~ ~a ~(This note a secued by • mwty~ye of even date executed Dr ~he mdcers ~n frvor oi Comnwnity fedsnl Savinp"s +~+d losn Assn. of Riviera Beach) # ~ ~ ! ~ 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. ; ~ . . ~ i AND the Mor~gagor dces hereby covenant and agree: # ~ ~ 1. To psy afl ~nd s"v~gu~u ~Fw w~+K~WI +ed inuresf and othea swns of mo~.y wr+bk br viA~e of s+id prom~ssory note and rhis mwty~g~, w eitl~er, pompNy ' on tM d~ys respettiveh, the s~err s~ve~~llp tonr due. 2. io patr tll snd i~n9.~lx ~he »¦ef, sasefsmm~s. 4v~es. I~~b~l~nes. obl~gaf~w~s ~nd ~ncumb~nccs oF rvny natu~e on sa~o ocunEed poperty exh and every . when d„e md paya~le xcad~nq ~o law, be(ae tAev beco~ne del~nq~ent. and ~f ~he s~me s?~all no~ be vo~+V~ly paid tAe Mortgagee maY at an~ ~~me either befo.e F Y-Y a a1~e. deLnque~cr ~o+v rhe ume w~~lw~~ wsw~ng a~flecnnq ~Ae ophon to /weclox. or any ngAt Aereu.+dcr. and every WY~+~ so made shall bea~ intnes~ hom ~tie da~e fh~.~( a~ ~he ~+~e pov~ded ~n sa~d prom~ssory no~e. 3. ?o kep the bu~ldnqs ~nd all ep~ipmem s~d persaeyl wopnfy noMr a heres(ter on said p~em~ses, covNed by fhis mwtq~, inuued in a sw++ N kast _ evwl to the u~p+id b+4nc~ of Mis mortg~ge, inctv~nq fire, e¦tended coverage ~nd vanda~ism and rt+~lic~ovs ~nsw~nce as to poperties wher 1h~n drwllinqs, snd ~a'' fire, e:tended cover~ +nd sV~ci~l iwm MAer perih inswsnc~ on dwellinqs tfiyibl~ fw sucl~ b~e+de*~ed covcr.~e - pcov~ded, howtver. tA+t suth insK~nt~ b~ in : ~nwunt suificient to comph witA anY coinswa~c~ rpuiremenri cwerinq ssme unde~ M+s la~wr of th~ :t~» of Fbrid~, snd pov:ded fwther th+t the policp w policip sA+ll be writNn in • comp~ny a cornp~nies wd thra+D~~ ~Y s+tisf~ctory to ths Mwty~yet and tM~ said poticr Of pOI1CIM aMll b~ held bY tM Mbit9~9~ ~nd sMll bw a stand~rd N~w Yak Mwt~qe~ Clrus~ withart contrib~nion. rn~kirq rhe bss urder ss~d policies qr+ble to Me Mw~9~9~ +s iri int«nt msy ~pqtu: snd in tf+~ evenl r~y swn of ~r~w~eY becornes WYabI~ ~wd~r +mr s~ch Ddiaq a Po~icies, the Morlqsga~ shsll Mve tM option w«ceive «fd aDO~Y tM sain~ on e; xco~nt ol 1he :nd~Wtdness he~ebY secwed. a to pamit iM Mortyaqw w receive and use a srry wr~ tAereo~, ip wher purposes, wirhout Mereby wsivinp K:~ a wnp~irinq ary puity, li~n, w right umfer and by virtw of fh~s rrwrt9+qe: and in the cvenf tM Mwiysyw does not c«npFy with this covm~nt, the AAortg~gs+,^ k'='. mar pl~c~ ad paY for wch ins~w~nce, or a~r w~ ~~f, withov~ wa:vi~g a aff«tinq tM oW~on ~o i«~clos~, a~nY riyht Im.ew+der snd the full smawa of e~chrr ~:s ~nd evary s~ p~ym~n~ sA~II bt i~nnrdiatdy ctin ~nd C+p~bN ~nd ~hatl ber interest iro~n ~M date H+ereo( until paid at the raee provided in said not~ and to9elher~ ii--< wi16 sud~ inMesf ~MII b~ tec~?W bY IM I~en of Ihia rnwly~ye• 'r:~:,.; 4. TAoI iwrqep~~. ~op. or aqr ~i.. dvrinq Nn .wpoO. arw, osd iw its diurefiow, opplr fw r~wwvd of ww?9oW 9~oMp iewraic~ ce~nr3s0 fM ~ c iwr~pop~ ~:~cv1~d bp HN ~wd~nipe~d ow ~~~e dote Atr~rrith. Pup tM prer~i~ws dw bp rwtow tA~reof, owd r~q~in r~por~nl bp /IN ~nd~r~pn~d o1 4 F ~rc6 osornri m or~ odvonc~d br w~d nwrtpoye~. In the ~rent of fo~lvrs bp ~h~ vnd~rs:pn~d fo nPop wid 0/110VRIf 10 fO~A ~ro~M, arch loil~n dwll i - b~ con~id~~~d o delovh. oed oll prorisioes of tlw nob and wartpope ~~tl~ repord ~o d~fouh s~wll b~ opp~icoW~. s ~ ~3 S_ To pere+ir, coenmit or svff~r no wast~, imp~~rm~nt a dNaianion d uid prope?ty, a aertr pu* therw}. ~nd upon rM f~ihwe o( ~M mwtppw to tuep ~ q~y~ rMy d~m~nd tM ima~disN rp~ir of s~id bu~ldi w an inve~s~ in tM ~rnoun~ of Nawi~Y, w w[ ~ i ~``-'3 bwld~nq~ on wid O~~fY in pood conditian of r~D+ir, tM Abr~ ^9s• ; Mw imtned'i~t~ r~wY~t of dr d~M hereM s~aaed ~nd N» ful~w~ of tM Mortp~pa a co~wh w~M ~~7d deeu~+d ot rM Mwtq~q~e iw a p~r',od of Mirry (30~p i ~~_y; dWS, shdl corotitvN • bre~ch of this ~nwfq~9~, and, n tM a0t:on o1 th~ Mwtyape~. iinm~di~Nty mNun th~ Mtin ~nwunt d Winc7W~ snd int~rnt hertby0a0 - a~cu~~d. ~e+d im.~+e~i~n~ly ~nd withoul ratic~. ~M 1Nort9+yM map instiivH p~oc~edinqs ~o fo~~clw~ ~his maty~q~ ~~d ~pplr fa ~h~ appoimmem oI • RK~ivN. If h~re~~ralre• p+ov~ded. - ~~r- x _ = s't r - . . . . - . -