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TO HAVE AND TO HOLD the same, together with the tenements, hereditaments and appu~tenances, unro the
Mo~tga9ee, in fee simple. .
AND the Mo~tgagor does hereby oovenant with the Mortgagee that he is indefeasibly seized of said land in fee simple,
that he has full power and lawfu) ~ight to convey said land. in fee simple as aforesaid; that it shall be lawful for the
Mortgagee at all times peaceably and quietiy to enter upon, hold, occupy and enjoy said land; that said land is free
from all incumbrances; that he will make such funher assurances to protect the fee simple title to said land in the
Mortgages as may reasonably be required; that he does hereby fully warrant the title to said land and will defend the
same against the lawful claims of all persons whomsoeve~. ~
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PROVIDED, AIWAYS, that if the Mortgayor shall pay unto the Mortgagee the certain p~omissory note of which the ~
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following in words and figures is a frue copy, to-wit: ~
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~ COMMUNITY FEDERAL SAVINGS AN~ IOAN ASSOClATION OF RIYIERA 6EACM ~
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~IIr#~a~8 ~ri#8 - ;
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` RIWERA dEACN. fIORIDA June ~ 19 74•
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deinp ind~Med, fw v~lw receiv~d. th~ trewkni~e~d jointly u+d severally promia ro pay fo COIWMUNITY fEOER/?l SAVINGS ANO
I IOAN ASSOCtATION OF RIVIERA dE/1CM at its offin in th~ Gty =f R=i~ra 8e=h, Flaid~, a ord~r~d+..wA o~ THIRTY~NINE -
THOUSAND ANp NU/100------------ -~~t~ 39,000.00 ~ ~
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{ ro~~iw. wieh imeres~ r!?~.eon ~s herein~f~e. ii~~ed tn manhly insta~4+++n~s of Three Hundred Forty-Five and {
' 90/100-------~~ ~ 345. 90 ~ f~~ ~+a.iu~~r ~+u ~ ~,..~+a P.r.~. ~ tenth ~
; d~y of November 19 74 and subsequent ies~dlm~ms shall be due ~nd p+yabt~ on dr tenth
' day of each ~nd sv~ry wkndar month thereaher umil tl» principal and interest an fully pad. .
~ luper sw+u m~y b~ paid at uiy time, but the psyment of •ny svch luge~ sums in +dfiitan ro th~ p~yments herein ~eq~rired sh+ll
1 not .~lieve the maken of the psyment of the monthly irxtallmer?ts Ixrein provided for, unless it is specitiully stipulated by tM m+k~n at the
; t~me of payment th~t such lu9er swns ~re to be appGed to the advance paymem of the monthly installmeats next maturinp in tM orda* ot
~ rheN du~ dates. All payrrKnts made vpa+ this note sh~ll bc ~pplied fint to the psym~nt of ~ccrued intertst and secondly ~pon tl+~ principal.
~ Tha obl'gation shall be~r interest from daa st the rate of eight & eight-tenths 8. 8 x'~
~ pe. ~onvm ~ntil the princip~~ snd interest ~n fully paid.
I I~tercst for esch ukndar month shsll be scaued a+ rhe fi.sr d•y of ~~d mon~h •nd be compu~ed on rhe w+p+~d b.l,na of p.inc~p+t
~ and inte~est exating on the last day of tF~e precediny montk ihu note shall be considered in defauh whtn any paymn?t rpuind to be
~ made hereunder shall not 1?sve been mad~ within thirty days folbwiny its due dau u+d shall r~main in defavlt until s~id p+yment siwd
! Mve been m~de. While in defsult, th~s note sha~l be+r imer~st af ths rds of 1G% per annunr in ~it~ of the rat~ ha~inbefa~ specifi~d.
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All maken and endorsen now or hercahcr becominQ puties hereto jointly ~nd sever~lly waive denand, not~ of nor?P+Y^xm ~+d
; pro?est, and ~ree th~t in the event of defauh in the paymeat of ~ny instatlment du~ htre~nder the wlwle of s~id indebtedneu sMll there-
upon ar tl~e option of th~ hofder, become imrnsdiataly due and payab~e, . u+d if tlws rat~ becomes in d~favlt ~nd i~ pl+c~d 'w+ th~ h+^ds
( of ~n anorney for wllettion. to pay re+saubk ~ttornel/s fees u+d sll oth~r oosts for m~kinp svch colkc~ion. '
( This nWS may be pnp~id in whok a in part st aor rime w~thout pen~hy. ~
~ ~ S/ Homer O. Eimers, Jr. csEwu
i } HOMER O. EIMERS, JR.
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¢ . S/ Joanne O. Eir•.:~rs ,______.._~u
JOANNE O . EIMERS _ '
~ - - ' =~_~.---~------+li------ ------tSE~?U 2
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(This ~oro b~ecued by • mort~~ye of even d~te e~cecuted br fhe maken ~n favo? of Community fed~r~l Savingi u~d loan Aun. of Riviera deach)
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a and shall promptfy perform, compiy with, and abide by each and every the stipulations, agreements, tasx~itians, and
~ covenants of said promissory note and of lhis deed, then the estate hereby created shall cease and be null and void.
~ AND the Mor~gagor does hereby tovenant and agree:
~ 1. Io w~ aR and +inp~+l+? tlr w~ndp~l ~nd inhresf ~nd otMr swro of moe~~r wr+~ ~ virhr~ of said Waniswry note and this mortp~ye, or eitF~p. P~~~Y ~
~ w+ tM d~ps resp~ctivey, th~ samt sw+rally conr due.
1. io wr all and s~nqul~r tt~e t~ies, asseaimen~s, kv~cs. I~ab~t~~~es. ob~~gaf~ons and ~ncwnbances ol rvery na~we on sa~o oescnbed properh exA and every
~ when due md psr+~le accwd~n9 ~o law, befae ~hey becwoe d~l~nquen~. and ~F ~he same sl+all not be wwnP~ly pa~d tFe Moreyaqee mav sr ~ny t~me either befo?e
~ or al~e. de6~qvency 'piy ihe isme w~~hou+ w~~v~nq a~Necnnq ~Ae op~~on ro faecbu. w anr r.g1++ herevnde~, and everr paymenf so made shall bear ~nIHHt from
~~e dare fhc.eo( at rfx .aie pov~ded in sald pom~ssory nWe.
~ To keep the b~ildiMys and s1I ea~iprneM and penonal poperiy now a hereafte~ on said premius, covered by this mwtqsge, insured ~n ~ sum st lea~t
eQ~al to the unpa;d balar+ce o~ th~s mutgsqe, includinq 1~~e, fiood, eate~ded coveraye, v~ndalism, malic~ous mixF+~ef, ~nd any ofher covers9c required by Me
~ mortyagee, as to properties other tAsn dwellin9s, s~d fire, flood, eatendcd cove?age, specisl-fwm other-perila ins~rance, and any other coverage reqvired by
rhe mdtgagee, oo dwcllinqs eligible fa s~ch broadened covenye - provided, howeve~, that s~ch insurance be in a~ amov~t wffic~ent ro camD~Y w~th ~ny co-
~r~ ~ns~rance r¢quiremenh coverinq sam~ under the laws of the State of Ftuida, and provided further ?hat the policy w polic~es shitl be wriner. in a compsny or WO
~ companies ~nd thro~pM an agency sst~sfxt«y to rhe Mortgaqee end that said policy w policies shall be held by ehe Nbrtqaqee and sha~l besr • st~ndsrd N~w O~D
F~ Yuk Mwtqsgee Clsuse w~tFw~t contr~bution, makin9 the loss under ssid policits psyablt 1o ths Mwtqa9ee as irs +nterest m~y appear; and in the event any sum
of money becomes paYable under sny such policy w polic+es, the Mortyagee shsll have the option to rece~ve and apply tAe ssme on xco~m of thc ~ndtb~edneas l V ;
~ hereby ssc~red, or to permit ths Mwtgayw to receive and ~x it, u a~y part tAneof, (a othe~ pvrposes, without thereby wa~v~ng or impair~nq any eq~ity, lien, ~ :
o~ riqht ~nder and by v~rt~e of th~s moregsqe: and in tAe event the Mwtyaqa does not comply with th~s covenant, rhe Mortqagee may PIM! u~d psY fw such O
~ +nwnnce, or any part thereof, wirhout wa~ving w affectinq the optiw~ to fueclose, w anY rigMt f~ereunder, and the f~ll smo~w+t of cscF~ ar.d every such payment
~ shall be immediately d~e and paYSble, and shsll bear interest irom tht datc thereof until paid at the r~te p~ovided in uid oo~e and togerher w~th such iroerest ~
shall be sec~red by ihe lim o( this mo~tgsye. Insurance covenng the peril of ilood damaqe shal! be as repu~red by the Federal O~s~ster Vrotecnon Act of 59~3. ~
~j' or u amended, snd mwtgsga covenants and sqrees to camp~y in a~l respects with the provisions thereof.
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I. Thst mortgagee may, at any t~me du~ing thr morrgage term, snd in its discretio~. ~pply fa renewal o~ mor~9+qt 9~usnty ins~rsnce coverinq fhe r!~
r.wrtgage e~ecuted by rhe undersigned an even dare herewith, pay the premiums due by resson rhereof, and req~~re repaY^K^~ bY the undersiyned of such j s
~ amocn~s as are advanced by sa;d m.ortgagee. In the event of ~~ilure by the ondersigned a repay said amouets to sa~d mon9ayee, svch f~~Ivre sha~~ be con•
~ s~dred a defa~lt, snd all p~ov~sio~s of ~he note and mo~tgsge with rsgud to defwh sFwtl bt sppt~uble.
S. To pain7t, comm~t a wff~r ~o w~u~, imq~nrrM o~ dNNiaNion d u7d prow~ty. a any ps.t Mwrwf. ~nd upon +M failw~ d~M n~ortpayor a k~ep N»
yaqN ~ryr dM~nd tM inwr~diaN rep~ir o1 said bv'cldieqs, w an incrNf~ in t!~ a/naml ot wewi a
buildinqs on ~aid w~~Y 9~d condtan of rw+ir. tM Mwt h~•
~i M» imm~di~N rp~~m~nt oI d~ d~Et I+sr~bY secvr~d aed tM 1~ilvr~ of tM Mortqsqor ro cwePh v~~th uid dem~nd d tM Morfp~qet fa~ • Mriad o! thi~r (~0) i
day~, shall caxt~ew~ • breach of tAis n+ort9W~, snd. N th~ op~ion of Nw 1Nort9syM, i~nmediaf~lr mnwe tM ~mi.~ ~mo~wN o! pincip~t ~ed in~~s~ l+u~b~?
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~ i~c~nd. ~nd immelill~lY ~nd wiU+ovl nolic~. tM MatpayN m~y i~stihA~ px~ed~ b fa~clos~ this matq~p~ end ~pplr fa M~ ~vpo~ntmem of a Rec~ ~e+ ~a
Fe~e ~e~~e~ p~o, ded
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