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Home My WebLink About2993 # TO HAVE AN~ TO HOLO the same, togethe? with the tenements, hered?taments and appurtenances, unro the ~ Mo~tgaqae, in fee simpls. ~ A1ND the Mortgagor does he~eby cove~ant with the Mortgagee that he is indefeasibly seized of said land in fee simple, that he has full power and lawful ri~ht to oonvey said land in fee simple as aforesaid; lhat it shall be lawful for the ~ Mortgagee at all times peaceably and quietly to enter upon, hold, occupy and e~joy said land; that said land ia free ~ from all incumbrances; that he will make such further assuronces to protect the fee simple title to asid land i~ the Mo~tgagee as may reasonsbly be required; that he does hereby fully warront the title to said land and will dafend the ~ same against the lawful claims of all pe~sons whomsoever. ' PROVI~EO, AIWAYS, that if the Mortgago? shall psy unto the Mohgagee the certain promissory note of which the following i~ words and figures is a true copy, to-wit: - COAAMUNITY FEDERAI SAVtNGS AND LOAN ASSOCIATION OF RIVIERA SEACH ~ ~Dx~$M~P ~D#E RIVIERA' BEACM, Fiortiw? August ~ 15 ~v ? 5 ~ oeinp indsbr~d, fw~ wlve recei-.~d, th~ w~dsraipeNd jointly sed seve.dly promis~ b par ro COMMUNIIY FEOERAt SAVINGb MID ( IOAN ASSOCIATION OF RIVIERA BEACH at its offin in th~ Gty of Riviera Beach, Fbrida, a order, ~..w~ o~ FORTY-TW~ ~ THOUSAND EIGHT HUNDRED AND NO HUNDREDTHS-------- oou~s ts 42, 800. 00 ) ro~+h« int~rest tlrreon a Mr~inafte. st~ted ~n ~wnrh~y •aisra~unems ofTHREE HLINDRED FIFTY-ONE AND M 89/100ths------oauRS cs 351. 89 n+~ f~..r ~t.iu~m ~++u b. a~..~d P.y.w~ a, ~ tenth i d.r or September 19 ~rJ and :vbsequent inst~llmeMs sh~ll be dw and p~yabl~ on the tenth ! day of ~ach and every cal~nd~r month thersshn until th~ principal ~nd intensr a~! fully paid. f L~rper iums may b~ paid at any time, bw the payment of ~ny such Isrg~? swns ln ~ddition ~o the payments he~~in req~ired shsll ~ not rsli~ve the makers of tiw p+yment of the monthly instalknsnn he?ein provided fw, u~nleu it is specifiullr stipulated by tM maken N tM ~ r~me of payment that such luyer sums are to be applied to the sdvance psyment of the monthly iastallmtnts Mxt matwiny in tFr ader of [ 1 thei. due dates_ All psymenb made upon 1hK note shall be applied fint to th~ paymeM of ~cvued intenit and ucondly upon tl+e princip~L ~ ~ ~ This obliyation shall besr interest from dsN at the ofeight and three-quarters pe? ant ( 8-3/4 ' per annum w+til the principal u~d interest an f~Uy p~id. Interest for e~ch cakr+d~r mooth shall be acaued on the first day of said month and be canputed on the unpaid balanca of principal and interest existing on ths Isst dsy of the preceding month. This note shsll be oonsidered in default when any payment required to be made ~ hereunder shall not have been made by its due date snd shall rcmain in- defauh until said payment shall have been msde. Whik in defavlt, this note shall bear intcrest at the rate of 1096 per annum in liev of the rate hcreinbefwe specified. rg parties hereto jointly and sevenlly wsive demand, notice of nor?~payment ~nd ~ All maken and endorsen now w hereafter becomi i protest, and agree that in the event of default in the paymeM of any installment due hercuntkr fw a period of thirty (30) days the whok of said indebtedness :F~sll tFx?eupon st the option of the holder, become immediately due and psyabte, and if this note becomes in default and ~ ~ is placed in the hands of sn artwney iw collection, to pay reasonabk attorney's fees and all other cosri including costs snd attorneys fees of ~ ~ Appellate Caxt Prxeedinps for making s~ch colkction. ~ This~ note may be prspaid in whok a h+ psrt at aMr tima without penalfy. . • ' . _L$_/ Sar~L. Keiter ~,q ' ~ ~ ~ ' Gary L. Keiter ` I - ~~_._.._--------(sEAtl ~ - ~ ~ .~l~a~d~~e~ er .~l~~u ~ ~ Sandra S. Keiter ~ ------~ts~?u ~(ihis ew~e a secu.ed by • morfy~y~ of even dat~ euecuted br fhe makers in favor oi Comrrwnity fetkral S~viny"s ~nd losn Assn. of Rivie~~ deKh) ~ and shall promptly perform, comply with, and abide by each and every the stipulations, agreements, tonditions, and covenants of said promissory note and of this deed, then the estate hereby created shall cease and be null and void. AND the Morigagor does hereby covenant and agree: 1. To ± psp aM and s~nyul~r tM pincip~l wd interest uid other swm of money par~ble bp vGrtue of ss~d panisaory r.ae snd this nwrt~p~. a either, ponptly ~ on t1» d~rs r~sp~ctivcM. Nw s~nn a~vwallr cwm du~. 1, io p~y all and s~nquler rAe ts¦es, aasessmen~s. 1ev~es. I~ab~l~~~es. obl~g~n«n and ~ncumbences of rvery nar~re on sa~o aexnbed p~operry exh snd every ~ ~++?+en dve and wwDle xcwd~nq ~o Iaw, be(ac Ther ~cane .del.nque~r, a~d ~f ~he same shs~l no~ be qomp~ly pa.d ~he Mo~rgaqee rnay at any r~me eirher ~efwe a(~er deLnquencr paY ~R~ s~me w,~l,our w~rv~nq q affecnnq ~he oo~~on ~o faeclou, a any ngM IK~evnder. snd everY parme~e so made shal) bei~ mte•est frpm ~ ~'+e da•e rAer~p1 a~ rl~e nre wov~ded m ss~d prom~sswy noie. . ~O 3. To kep rhe buildin9s snd sll eqv~pment snd personsl properry now a heresfte? on ssid prem~scf, covered by this mortqsye, inswed in a wm at le~st oap ~ equal to the unpaid balsnce oi rh~s mortqaqe, includinfl f~re, fiood, e¦tended cover~ge, vandalism, mal~c:o~s mixh~e~, and any otl~er cover~ge required by tM ~}~w ~~.k mortp~gce, as ro proprrties other than dwellings, and fire, flood, eatended cwerage, special-fwm other-pcrile insura~ce, snd ~ny othe~ c~veraqe ceQvired by ` V ~ rhe mortg~gee, on dwellings eSiyibfe for s~ch broadened coveraye - provided, however, that s~ch insurance be in an amount suffic~ent to comply w~th any co- ~ ~ ins~ranc~ rpuiremenft coveriny sam! under the Isws of the State of Flwids, and prpvided f~rther thet the policy w policits shsll be written in s canpany M ~ companies and Mr an ~gency sausf~crwy to the Nlwt a y yee and that ssid poticy w polic~es shsll be held by rhe Mongayee and shall bear a st~nda~d New ~ Ywk Morlgsqee C~a~se 'thout contribution, making the loss ~nder ssid policies payable ro tF~e Mon9agee as its imerest msy appear; "and in the evcnt any sum ~ k~ of money becomes payabl der ~ny wch policy w polic~es, the Mutqagee shall have the optio~ ro receive and apply ehe same on xcwrnt of tF~e indebudness T ~ htrtby secwed, q t pe~mit tgaqw lo receive and ux it, or any part thereof. (or other pvrposes, w~thout Mereby w~ivi~g pr ~mpa~r~n9 anY eqvity. lien. ~w ~ ~ or r:ght vnder and b ' mutqsge; and in the evenl the Morty~or does not comply w~th this covenant, tl~e Mortgaqee may plxe snd pay ior s~ch ~ ~nwrance, W sny part the?eof, withovt waivi~g w affKriny the option ro fwKlose, a arry riqht hertundtr, and the full amo~nt oi tach ~nd evcry such ptymenl g ~ shatl be immediatefy du~ and paYable. ~nd shsll bear inrerest from tM dare thereof until paid at the default r~te provided in said note and toqeHus with suth ~ ) if11NMf sMll b~ sccured by the lian of this mwtpage. trowsnce covering the peril of flood dsmsg~ shsll be as reqvired by the Feder~l D~sasrer Protection Act ~ - of 1973, w as amended, ud morepsyor covenann and aqre~s to comply in atl r ~ d espech witl~ the provisions thereof. ~ ~ 4. Thaf mwfgsgee may, af any t:me dvrir.g the mortqa9e term, snd in its diuretion, apply fu renewsl of mafpaqe yvs~anty inswsnce covering the morrgage e~ecuted by t~.e undersigned on even dste herewith, pay the premi~ms d~e by reason tAe~eof, and rep~~re repaymtnt by tM w+dr.signed of such ~ amour.~s as are advanced by sa~d morrgagee. 1n the event of ~a~lvre by rhe undersiqned to rcpsy taid amo~nts to uid mong~q~e, such f~~lure shall be con- s~dered a` defaulr, snd sI! provisiont of the nore snd mwtqpe w~~h reyard to def~ult shall be sppl~cabk. ~ ~ ~ . 7. to pern+ir, conr~rit a wH~r no w~d~, imp~irwreM a dNaia~tian d s~id orop~rty, w arnr pa.t N+a~of, ~nd ~rpon N» /ailw~ ot rM mwty~por 1o k~ep fM ~ Iwild'ng~ on said popatp i~ yopd ca~dirion o1 rpair. M~ Morty~pN n~r dwn~nd tM immediaee rep~ir o1 said bv:ldi a nqf. W tn irKrNf~ en tM ~nqunt O~, Ntwiry, a ~ tM inwn~dis» rprym~nt of tM d~M hereby secu?~d and tM hilw~ o( Nw Matp~pw oo carwh wirh sa7d d~m~rd d t!w Mwry~q~e fw ~ oK:od o( th:nr (~0) ~ day~, sMll camt~tw~ • bre~ch of ihis inortp+y~, and. N th~ pptip~ o~ Mw Ma~y~p~e, im~wd:Hely en~tur~ tM «+tin Mnount o/ pri~c~pal ~nd interea~ Mnby fec~.ed. •nd im~.e~~~Nty ~nd wifAqrl notiu. fM Mort~ eMr insfifvN poe~edi~ys ro/or~clos~ this mortpp~ u~d ~pplr }p~ tM sppo;nt~-.e~~ ol e Reca~+e., s~ ~s•r ~.t ~ ~ • - ~ .k ~....:°~s'~ `~,R~,,,st,~-,..~; ~ - ~ . - _ . . . . `°+'t_,~ _ . . - . - -