HomeMy WebLinkAbout1642 TO HAVE AND TO HOt~ the same, together with the tenements, hereditaments and appurtenances, u~b the
Mortgagee, in fee simpie.
AND the Mortga~or does hereby oovenant with fhe Mortgagee that he is indefeasibly seized of said land in fee aimple,
that he has fvll power and lawful right to oo~vey said land in fee simple as aforesaid; that it shall be lawful for the
Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is free
from all intumbronces; thst 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 warra~t the ti~le to said land and will defend the
~~..w. aasin:t the lawful claims of all txrso~s whomsoever.
_ V '
PROVIDED, AIWAYS, that if the Mongagor shall pay unto the Mortgagee the cenain promissory note of which the
following in words and figures is a true eopy, to-wit:
COMMUNITIf FE~ERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH
~'~IIx#~M~B ~II#E
RIVIERA dE/1CH, fIORIDA {~p'7 ~ vc ~ ~ 19 74.
~ ~irg ind~bt~d. for vatue receiwd, th~ w~derspn~d jointly ~nd sever~lly prOmitt to p~y ro COMMUNIiY FEOERAL SAVINGS AND
I IOAN ASSOCIATION OF RIVIERA dEA/1CM1 ~t its offia in the Gty of Riviera Beach, Flwid~, a aa... ~~~IRTY-NINE
~ TliO!lSAND FIVE litt~~REQ !~!D ~Q/100--__~__________________________~auas a 39,500.OQ ~
,~~h ~1t?est tlweon u hereir?~fttr stated in nwnthlr ~t.~~,.~ ~ Three Hundred Fifty-Two and 86/100---
----oou~s cs 352.86 ~ TM fint i~ctallment sh~ll be dw and paY+bM on tAe tenth
~~.r ~ June ~q 74 and svbsequ~nt inst~lln?ents sh~ll be dw ~nd p+Y~b1M ~th
~ diy of each and svery al~~ momh thertaha until tM princip+l ~nd intaest art fu0y pad. •
I lwper svms inar b~ paid at any tiirrc. but the p~yment of ~ny such lu9er sums in aclditioe ro th~ payments hsrein r~qvired sh~ll
! no~ reli~ve the mak~n of the p+yme++t of fhe momhly installments hcrein p.ovided iw, ~nkss n a specifically snpulated by th~ m~kus ~t ths
( e~me of p~yment that svch tuger sums sre to be applied to the advanu payment of the monthly Inftsllments next en~lwinp in the orde? d
; thei dut dam. All p~yments made vpon this note shall be applied fint to tl+~ payment of ~ccrutd interest and secw~dly upon tM pirKip~~-
j th~s ob~gat~on ahdl bear ~teres~ from date the nte of e ig h t & nine- ten t hs P" ~ 8. 9 X'~
i pe. u~num until ths principal and interest m fully p~id.
Inttresf for each ukndar month slull be acv~ed on the fust day of ssid month u~d be computed on the unp+id balanu of pincip~l
~ n.
I a~ IOt!(!S1 l7f~SfM1~ Of1 111Q NSl O~Y OT If1f ~KCO~n9 mw~in. it~o ~wrie s~Nii iw iww.v~:cii .+s.~:::: «:i ~ i•°~=°~ °=v=°°' -
~ made hereunder sh~ll not h~w be~n m+d~ within thitty days folbwinp its d~e d~te and slull rem+in in d~fauh umil said p~ym~nt sh~M
have betn made. Whi4 ie defsutt, this note shall be~r infsrat at ths r~te of 10% per annum. in liw of the rat~ ht~~inbsfore specifi~d.
j All make.s and endorsea now or he~eaher becomfnp parties herero joimly snd stvenlly wsive denand, notice of non~payment and
; protat, u~d sp.e~ tMt in the event of def~ult in the p~yment of ~r?y a+st~tlrnent due Mreunder the whok of ssid indeb~edneu sFutt tl?tre-
upon at the option of the holde?, becane immadiately due ~nd pay~ble, and if this nots beoomes In def~ult ~nd is plued in the hands
~ of ~n sttorney for colkction, to pay ressonabb attorney's fees and all other aosts for makirg auch colkdion.
~ This note may be pnpaid in whole or in put sf anr rim~ without pen~hy.
~ __S/. Roberta. T. Missimer __-.cs~w
i ROBERTA T. MISSIMER _ y`~~~
~ a---- -------~----cs~?u
----------------csE~w
~(ihis note 's secued by • monpape of even date executed br the m~kers :n fawr of Commvnity Fedtral S~vingi w+d Lwn Assn• of Riv~~ 8ead~)
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 Mor~gagor does hereby covenant and agree:
1. To wY all and sinyul+~ th~ p~incipsl ~nd inqrnl and other swro of monw WVable Mr v~n~w of said P~om]ssory nwe and this mortq~ye, w eitMr. P~~P~M
on eM drys ~~+VK~~~Y, tM s~ne s~~lly conr du~.
2. fo pr ~II ~nd s~~qulx +he 4,es. ~ssess~rs, k+~~es. I~~I~r~es, oblgst~an +nd ~ncv.nbances o1 rve~y ~erwe on sa~o ocunbed properhr exh and eve~y
.~hen due and paYaCle xcad~ny ~o law. before ther becane de6na,em, and rhe same sMll nor be womv~~r w~ ~~9+9K ^~+r +t ~ny ~~me either befae
o. a(~n deh..q..encr Wt rhe ssme w~~l~o~f wamnq a~Hec~~nq tl~e opt~on ro faeciou, w any nqhf here~x.der. and everY v+Y^K^~ so made sAall bea~ intern~ fro.n
~hc dare tl+ercof s~ ~he r~~e ponded ~n sa.d pra+nnsory note
~ To kep th~ bvild~nps ~nd a11 puipment ~nd pwsonal poperty nonr a here~fm on said p~em:ses. cowred by this inortg~g~, insw~d in • swn N least
cvwl w Me w~p~~d bs4nc~ of M:s mortq~qe, incWdrq fir~, estended covaraye ~nd vsndsliun snd malic:ovs i~surance as fo prapenies othe* than dwelliegs. ~rd
firt, e¦~ended covaag~ +nd sp«isl (wm aher perils iruwanu on dwelt:nqs ~ligble (o~ such brosdened cmre._x - v~~~d~d. ~++t such im~wr~c~ b~ in
•ma,nt suft:ci~nt ro comply with sny co-irowanc~ rpuiremenb cwerirq saine vnd~r N~ bws of the ~uh of fl«:d~. +nd pro+rided fwther tt++t the policy w policia
sl+slt b vrritNn in • compsnr or cowMrnies ~nd Mrarph ~n +pMCt/ s~t~s(actory to Nw Muf9spee and thn said policp a pol~ci~s ahaM b~ held M+h~ Mort9W~
and Jrll b~ar s sundrd New Yak MwtpsyN Claus~ wiN~out conbibu~ion, mslc~.q NK Ioss w~da+ sa~d odK~~s wr+~ a r~ ~'f+ inarast m~r ~pprx:
and in eh~ eNnt ~ryr swn oF moneY becams Wl~+~ ~wd~r ~ny such Potiql a potici~a. ~he INortgaqe~ sMll Mw tM evtion ro r~c+iv~ and +vdY tM sarn~ an
xcount o1 q~t ind~bNdness Ar~by s~ax~d, a a p~rmit Mr Morrq~yw b receiw and „s~ it. w amr p~r~ N~uaol, fa aher vu~POS~+, withwN tMreby ws'neg
o~ imD+w~9 ~^Y ~W~h~, li~n, a riqM ~wKler and M virhw of thi~ mwtq~9e: and io ~he eva~t tM Mwt9sqw does rat conw~Y w~th das cov~M, tM AAorM~9N
rrwy pl~c~ ~nd Wl~ for s~ch inswant~. a rw O+N tMrtof, withovt ~v~ivinp a aff~cfirg tM oM:on to fa~cbse, o~ ahr riqht here~~nder and the fvll amo~wM of esch^
and eM?t s~ch WY~t sh~ll M~a.~.,~+~cly d~w .nd wrabi. .nd .ha1t bear in~est ira~ ~he date tl~aeoi uM:l paid a~ the rate wovided in ssid noM ~nd toye~F+e~ ~
witA sutA inrert+t aMll b~ ~ecw~o by tht ben d Nwa ~wwty~y~.
w
4. ?Mt ~sr~~. ~wp, et owp tiw~ dwiiq ~M ~at~o~ Nn~, a~d ie ifs discr~tioe, o~lp /w r~w~wd of ~ort9e~ ynwashr iww~awc~ oew~i~ ~
ww~t~ ~:~cd~d bp 11» vnd~nipn~d oe ~w~ daN Ae~~witb. Paf tM pr~wivws dw br naww /INnod. owd rp~in reporwMl br 11M v~r~iqw~A eI
?ucA o~wuwb w o~~ odvonced bp w:d wwt9oYe~- In tbe ~~~wf of fo~l~r~ br t1~~ vwderiqnad 1o r~Po~r soid awoonK b wd wo?1~oy~~ s~rch ieil~r~ ~I ~
b~ ce~~id~nd e defoYlt, owd all Prorisiows ol tM nob awd ww~pop~ ~r~th reoord a d•fovU sholl b~ opplicoble. ~
S. To perm:t, camn~~ a svfhr no wuN, i~irn~ a deqrionrion of ~+i~ prop~rty, a ary put tMrw/. ~nd w~ ~M i~ilw~ of th~ rnwtppw w t~ep dN ~
b~ril6egs on s~id p+oputy in pood eondfioe d rp~ir, tM MwtWyN nw7r d~~nd tM N~rn~d~~b np~ir of said bwld:n~. a~n n+ve~ in tM ~enount of ~eaw:tp. w~
rhI irn~disy nP+Y~~t of t1r d~M her~bY Ncw~d Md d» i~ilun of IM Mat9+9w to tw~P~Y wiM s~id dwwr~d d tM Mafp~q~ Iw ~ O~riod ol . thi~tp (30) ~ aa
dar~, sMll cautiwu • bread~ of N+i~ ~wr~p~q~. srd. n tM oWion of th~ Maty~qw, trnin~diaah mnur~ ~M ~ntin ~mouro o/ p'wrcip~l ~nd inNr~at her~bt~ eu
tec~~ed. +nd im~r~~~t~ly •nd withoul ~otiu. ~M Maty~pN enhr fmliNh protMd~ ro fw~clw~ Mis mwtpp~ ~nd app~y ~w 1h~ ~PDantrnent of s R~ceiv«. a..
F~r. n~!:r F.o.,.~td
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