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Home My WebLink About1819 . . TO HAVE AND TO HO?D the tame, togethe~ with the tenements, hered?tame~ts 1~Ad apFwr~brlsnCes, unlo ths Mortgagee, in fee simpls. AND the Mort~agor daet hereby covenant with the Mo~tgagee that he is indefeasibly seized of said land in fee simpk. that he fias full power and lawful ~ight ro convey seid land in fee simple as aforesaid; that it shall be lawful for the Mortgagee st all times peaceably and quietly to enter up~n, hold, oaupy and e~joy said land; that said land is free from aN incumbranceaj thst he will make suth furfhe~ assuronces to protect the fee simple titie to said land in the Mongagee as may reasanably bs ~equired; that he does hereby fully warrant the title to said land and will defend the same against the lawful claims of all persons whomsaever. PROVIDED, ALWAYS, that if the Mortgayor shall psy unto the Mortgagee the ceAain promissory ~ote of which the foilowing in words and figutes is a true copy, to-wit: COMMUNiTY. FECERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA SEACH ~~r#~tt~~ ~1p#~ i RIVIERA BEAQ1. FLORIDA Mgy j~j~ 19'Trj ' ~ei~+y ind~b~ed, for v~lv~ receiwd. th~ undeniyn~d joimly snd sev.r~ily promis~ ro p~y fo CONIMUN1iY fEDERAI SAVINGS ANp ~ IOAN ASSOCIATfON OF RIVIERA dEACH ~t ifs offiot in the Gty of R'wi~ra Bexh, fbrida, p ordK, th~ ~ww d TV{TENTY FIVE I THOUSAND SIX HiJNDRED AND NO HUNDREDTHS---- -------~~s R 25, 600. 00 ~ j ro~~i+.. «,;~ti rh..~«? n~«M.rr.. ~r,~.d ~„w~±t~y ~ai~,.ms of TWO HUNDRED FOURTEEN and ~ 84/ 100- - - - - _ _ _ _ :.~tARS K 214. 8~ ~ ~ ~+•~u+~~r sh.n be d~. «?d o.,~.da the tenth ; d.y or November ~q75 ~ .~+a :~„N» ~„u~m ~.n ~ a~. ~d wr+bk o~ tenth ~ d~y of cxh ~nd ~veryr caknd~r month tFKre~he~ until tM principal and lnterest an fully p~id. _ j luge~ surru may b~ pa;d at any time, bw the payment of •nr such tuyer wms in additwn a rM paym~.?n h~sin requ'v~d ahall ; not r~fieve the mak~r: of tlw p~yment of the monthly i~xtsllrnents herein provided fw, unless it is specifk~lly stipulat~d by the mabro ~t th~ tim~ of payment that such luyer sums ue to be applied ro tFie sdv~nu psyrr.ent of the monthly imtdlma?h n~:t matwirg in the a~da ol i their due dates. All psyments made vpon this nott sMll be ~pplied fint ro the p~yment of ~cvwd intcrest and secondly upon tht principiL This obliyition shal) be+r interest from date ~t the rate of ~jng p~r onf ( 9. ~ Pe• u~num un~il ~he princ~p~t aod interest art fully paid. ~ Interest for each uknda month shall be acaued on the fint dey of said month and be computed on the unpaid balanoe of principsl ~ and i~terest existing on the lasf day of the preceding month. 7his note shall 6e eonside~ed in default when any payment required to be msde ~ hereunder shall not have been made by iri due date and shall remain in default uotil said p~ymcnt shaU F?avc been msde. Whik in defavlt, ! this ~ote shall beu inte~est at the rate of lOyG per snnum in lieu of the rate hereinbefore specified. ~ ! All maken ar?d endorun ~ovr or hereafter becoming parties hercro jointly and severally waive demand, notice of non-p~yment and ~ prottsr, snd egree that in the event of def~uk in the payment of any i~stallment due heteunder fw a period of thirty (30) days the whok of ~ said indebtcdness shsll thereupon st the option of tlx holder, become immediately due and payabk, and if thi: note becomes in defauh snd ~ is placed in the hands of an stto~ney fw collection, to pay reasonabb attornay's fees and all other cosri includirg coats aod attorneys fees of ~ Appellate Court Proceedirgs fw making such collection. I n,n ~ m~Y ~ wew~a ~ w~~. a~~ p,~, n.~y w~rh«,~ ~.iry. EVERGLADES CORPORATIO ~ s Glenn P. Anderson (SEAI.) l-s1_.-5~~.~• Ander~on, President ~,u = ~ /s/ Ol A~derson (SEAI.) [~_Albert J. 11iTehrman, Secretar~~ ~ ~ s / Albert 3. V{Tehr:nari (3F.AI.) - ~ l e J. Wehi~nan (~A?") . - _ _..~__~~esFa?u ! ~ : ~ , - ~ ! i r(This no~ b secuad bY +~~~ye of ~vrn date e:ecuted by the makers in fawr ot Garununity fed~nl 5~vi~g"s ~nd Lwn Assn. of Riviera Be~ch) ' ~ ~ i { i ~ : ~ ~ and shalt promptly pe~forrrf, compty 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 ihe Mor~gagor does hereby oovenant and agree: ' ~ 1- 1o psp ol and sinyul+* ~h~ wincipal and iM~af and oMer suTS of money pwable bp v:rt~w oi. said wwei~sory noU and this mwt9~9~, a ~itlwr, prowiptly ` on d+. dars ..sp.criveh, th. ..m. .««dy cwe. au.. ~ ~ i. To wr a0 and s~ ~ ~ nqulu Me r~aes. assessmen~s, lev~ea. I~~b~t~~~es, oW~yat~ons and ~ncvmbsnces o{ rvcry narwe on aa~o aunbed prope.h exA and evpY ~ ~ ~hen dve ~nd psyaDle xcdd~nq to I~w, pelae ~hey becomt del~np~en~. ~nd ~1 rhe same sMll ~ot be pro.nprt~ p~.d rAe Mwtqaqce .~yY a~ ~rry r:me enher be/ae ~ • atee. de6.puencr wr rtie s~me w~~Aout w~~v~nq or aHec~~ng fhe opi~on ro fweclose. or anr r.qAt Ae.ev-+dc.. and everr wr~+ so made shall bea. ~nrerest }rpn . ~ •~e da+e ~hereoi at tAe .s~e po.:ded .n said pom~uwy no~e. ~ 3. To keep tAe buildinys snd al1 eq~ipment and :pcrsonsl property new ot hcreafter on said premises, covcred by th~s mortq~qe, insvred in a sum ~t INSt ~ eqwl to the w+paid balance of this mwrg~qe, includiny f~rt, flood, e,te~ded cover~ge, vandalism, malician m~uhief, and any othe. coveraqe rea~ired by t?~e ; mwt~ayee, as to poperties othe~ th~n dwNlinqs, and f~re, f{ood, estmded cwerage, special-form otAer•per.Is ~nsurance, and sny other co~erage required by +he mortyaqee, pn dweliinga eliqible iw s~cA broadentd cover~ye - provided, however, tAat such insurance be ~n an ama~~t suff~c:ent to canply w~th ~ny co- ~ ~nwrance reqviremenp cove+irg ssms under the laws of the 5?ate of flwida, and pwv;ded /wther tha~ the pol~cv OI pplKiM sha11 be wr~nen ~n s canpany a ; companies and Muo~gh an apency saYSf~ctwy to the Mwty~gee and that said poliey w polic;es sha11 be F:etd by the Mwtqagee and sAsll bear a stsndard New ~ Yo~k Nbrtgapee C~ause withpit contribut~on, msking the losa unde~ said polrcies piysbk to the N6ottyaye~ as its ~nterqt rn~Y appear; ~nd i~ the event sny sum 3 : of moieey becomes psyable u~der any svch policy a poliues, the Morty~qee shall Mve the option to rece~ve ar+d apply tAe same on xco~nt of ehe indebtednt:s ~ ~ hereby sec~red, w to permit rhe Mor~gayw ro rece~ve a~d use ~r, u snr p~n ~hereof, fw other purposes, w~thow thereby w~~v~ng w~mpa~r~ng sny ~qv;ry, ~;en, cr reght undtr and by virhx of this morlgaqe; and in the event the ~ ~ ~ Mafp~yw does not comply w~rh rF~is covenanr, rhe Mortgaqee may alxe and paY for a~+ch 4 ,-y~ ~nsurance, w any part thereoi, w~thovt wa~ring w affectiny ths opt~on to fqK~OSl, a ury ri9h~ he~e„nder, snd ~he full a~nount of esch and every such p~ym~nt ` Y pay~ble, and shall bear inte~est from the date thereof umil paid at ehe defavlt rate ~`R~ shall be immediatel due and qovided ir. sted note snd tayethet wifh suCl+ # ~ ~ interest shsll be sacured by the lien of this mwrpage- tns~rance covuin9 the peril of flood damage sl~al~ be ss reqvired by the Fcderal Dissster Profection Act ~ w ` of 1973, or as smersded, and covenanb and • ~ets to c ~ ~~9+9a 9 w~p~Y in ~II resp~ch with tl~e Prpvisions thereol. ~ ~ ~T ~ ~ 1. That matgagee maY, at any i~me during the morty~ lerm, and in its diuretion. spply /or rtnewal o~ morlgsye ywranty insur~nce coverin9 the ~ morlgag! e.ec~ted by rne unders~grFed on ev~ da~~ herevir;th; pay the p~emivms d~e by reason ~hereof, ~nd requ;re ~epayme.+t by the :x~de:s~gned of such ~ q~ amounts as are advanced by sa~d morrga9ee. In the evenf o( fa7iure by the vndersigned ~o repay ssid ~mounb ro said mortpsget, wd+ (~ilwe ahill be con- ~ ~•~y s~dered b default, and a11 prov~siaes of ~he nora and rnort9age with regard to debult shall be applicab:e. _ ~ . c GO S. To pNmit, com~nn or avfla no w~st~, i~irm~nt a dNar:erNion d s~id Prop~rtY, a arry p~n rMr~o1. ~nd ~rpon N~ /~;Iwe ol dw rwatp~qor to k~ep tM ~ b~ildi~ on wid W~~Y 9~d condition of rtaii. 1M Mw~9~9~ ~Y d~nd tM inwnedi~M rep~ir oi s~id bwld.rgs, a an inve~f~ in th~ ~ewount o~ t~cw:ry, w ¢ rM iwvrwd:aN rp~yn~r o1 th~ dabl Aer~by ~~cw~d and Ny f~ilur~ d fM Mw~ypw ro coreply w~~h sa:d den+~nd d tM Mw~p~qM fa ~ ariod af tAirtp (~pl d+rs, sMll const~evh a bre~cA oI thi~ wwrtp~q~. wd. ~t rM option o1 1M N1ort9+v~e. imm~diaalr rn~ture N+~ ~nt:n amourM of winuod r~d int~rut hw~bp r ru ~ i~cu.~d. •nd im~-~e~~~t~ly ~nd ar:rhwt ~it~. IM A~wtp~qM nyy inafiWN pat.Mdinqt b(a~clos~ this /nonqp~ ~nd poly iw ~M •i . A...:_... ~ i,.~..,r,t, y~c.~-.a - ~ ~h ' : . . _ ~ ~ ~ .~.~.s~ ~ _