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TO HAVE AND TO HOLO the :ame, tc~ether with the tenemenn,' hei~e~?liment: en~i ~~ipu~te~ance:, unto th~
Mottqs~oe, i~ faa simpi~.
~ AND th~ Mort~a~or does henby ocve~ant with ths Mort9ages that he i: indefeasibly seized of said land in fes simple,
that he ha~ full power and I~wful ti~ht to oonwy said la~d in fe~ simple as aforesaid; that it shall be lawfvl fot the
AAortqa~ee at ali times psaoeabiy and quietiy ~ to ~nter upon, hold, occupy and enioy ~id la~d; that ;aid land is f~
from ail incumbrano~; thst FN wtll make wch fuhher auura~oes ro protect the fes :imple titie to ~id land in the
Mortqa~ee as may reasonablq b~ requirodl that he does hereby fully wa~rant ths titl~ to ~Id la~d and wiil defend the
same aqai~ut ths lawful claims of all penons whomsoeve?.
PROVIDED, ALWAYS, that M th~ Mortqa~ shall psy unto tAe Mort~agse ths certain promissory noro of whith the
followi~p in words ar~d fi~ures ii s hue oopy, lo-wit: - ,
COMAAUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIYIERA dEACH
~IIr#$M~e ~D#E
RIVIERA OEACN, aoRia? August 21 ?5
l~inp i~d~M~d, fa vdw reosiwd. ~M wid~a~D~ i~h? ~nd ssv.ally pronra W pay to COMMUNIiY FEOERAI SAVI AI~
lOJ?N ASSOCIATION Of RIV~ew? e~?cn at its offks in ~ Ghr of RiviK~ l~ad~. Fbrld~, a o.d... +fi..wR o~ THIRTY-NIN~
THOUSAND SIX HUNDRED AND NO HUNDREDTHS-----•---~ a 39, 600. 00 ~
+o~h« wnh s~whs~ th~no~ a~ hv~tr~~ srmd i~ ~norohyr tratallnw~s of THREE HUNDRED TVITENTY-FNE
58/100ths----- ~w~s cs 325. 58 n~. ~,a.~a~.m.iNa w a~,..~a p.~?.a. tenth~
d.y or February 19 ?6 .ea s~bsaquam M?.ta~4~MS s1+.n b. du..oa wr.w. oe tenth
d~y of ~~cl~ and ~vary ul~ndar nwnth Mynaha umil th~ principal and inarat m fulh/ p~id.
La~er suro emy b~ pak! at any tim~. bu~ tlr paymsnt of ~ny s~ch luy~ swns In ~dd~ion w th~ paymeats Mrsin hquirsd sMll
mt reli.ve tM mak..s of fh. paym•m of th. nwnrhty trutallnwnn I+ere~n provid~d foq unkss h b sp~cifially stipvlaud by th~ nNken ~t the
rim~ of paymant that svch I~rper sw~ us to b~ applied to tM sdvanc~ p~yment of th~ mootl~ir inst~l4~tnb ~xt mdur6g in th~ ordK d
rh~ir du~ dates. All parmenls m~d~ upoe Mis eae sl»II b~ appli~d fint to th~ p~ynrnt of ~cvwd intenst ~d s~mndh? upon the P~~~P+~-
TM~: ~n~ ~+n u+t~..,~ t~o~+ d.+. ot eight and three•quarters v« oNa c 8-3/4 x)
pe. .nnwn u+ai~ d» piwrc:p.t .na in+.rat fullp wld.
Int~rpt ior ~ qlendar month sh~ll b~ ~cau~d on th~ first day of s~id month and b~ comput~d on ths ~~aid bal~~a of principd
a~d imerest ~xisti~p on tM last day of the praced'ug month. Tlds note ahall b~ oor~sidend in d~fwh when anY payma~t rsquirtd ro be m+d~
he«under shall eat I+aw bNn mad~ by its due daro snd shall rem~h in dsfsult until said p~yment sFN{I MMe bse~ m~. While i~ def~vh,
this nob sl+~ll bear interest at the rm of 10~6 per anrwm in lieu of th~ raro heninbefwe sp~cified. -
All m~k~s and andorse~s now a Fw~af~er broominp parties hereto ~ointly and sev~erally waiw demuid, notia~ of-AOn-paymeet and
protest, and ~es tha~ in the ~rset of defauh in ths psyment of any Installrtrcn~ due hereunder fw e p~riod of th'vty (3~ days the vrhole of
said indsbfedness shsll therevpon at the option of the holder, beoome immediately due and payable, and if this note becoma in delauh ~r?d
is ptaced in tfie hands of an stlorn~y for oollsction, ro pay r~ason~bM a»a.ne~s fees and stl other costs ind~dinp aosts ~nd atwmey~ h~s of
'I Appellats Court Proaed'inps fo~ en~king sucfi oollection.
Thk oa. m.y b. pr.p.id in wF~ol~ « in p..t at .nr Nme withour pen.~ty.
• /s / Gerald Arthur Leeson ~
- - vGerald Artfiur Leeeon
_ -cs~W
~ • ~ ,.f s/ Dorothy T. Leeson ~
r
^ Dorothy T. Leeson ~
(T!~ nw~~'s secured bf? ~ mw~~+pe of wa~ date execv~sd b~r tlK n?dc~rs in fawr of Conununity FadKal S~viny"s ~nd Loan Asu~. of Rivier~ ltada
and shall promptly pe?form, comply with, and abide by each and every the stipulations, agreements, conditions, and
mvenants of said promissory note and of this deed, then the estate hereby ueated shall cease and be null and void.
AND ihe Mortgagor does hereby oovenant and agree: ~
1. Tu ow .n .na .iegu++? r» w~iP+~ .ea na..es~ .ee ah~. .~wn. er .wnw o•r•b1. M virh,. of u~d proeas,o,q ew. ,na a?K nw.p.p., ««+M., wo~ptM
aw d» d~» ~ap~iv+h. Mw s~nr ww~llr oome du~. .
2. To pr ~fl ~nd s:~rl~r ~he ~aaea, ass~ssmev+~s, kvies. liab:h~ies. oblW+~ions ~nd .ncvn~+nces of rvery nahxe on s~~a aesu~bed Properh~ ud~ and every
when due +nd wr+El~ ~cc«d~e~q ro taw, befae N~ey becane del:nq~,e~e, and i( ~he sane sAalt rw~ be pranpeh w~d elro Mwga9ee m+y ar aMr Kme eiMe~ befon
w a/rer delMp~e~cy ps~, t!K s~ne w~~hout wa:v~nq w affecrug N~e opt~on a(o.eclox, u ~nr riqAt Ae.e~w~de•. ~nd every p~yirsem w enid~ fA~ll be~r imernt irpn
~he d~+e +~eo/ ar N~e rate pwided :n s~id parwssory nwe.
To kNp the build'inpt and ~II puipment snd perwnal proplrty now a hercafter on s~itl prpnises, oov~nd' t1~is
! pual to th~ w~paid b~(snc~ of this bY ~9+9~: Msw~d in • sum st I~qf
mort9+9~, inct~d'irp fire, ilood, extend~d oover+qe, vandalism. m~lic~ow misch~ef, and any wF~er coverpe ~eqv'u~d by tM G
' mortqpee, u ro properties o~her Mwn dvwllinps, and firo, flood, s~?end~d cov~rapt, specia4fwm Whes-perils inswxrce. ~nd any other cwe~p~ req~i~~d by ~
tM mort~y~e, on dwtllirgs eliyibk fo~ sucl~ brwd~md coverp~ - provided, kowtver, that tuch inawanc~ be in an smwint suffici~nt to campfy with ~ny co. _
~ irowano~ rpuirarNnts cowtirg sam~ under the laws of th~ S~aM of Florid~, and wovided further th~t tM PdKY w Pdicies shall be wnnen i~ • conrpany p
~ compames and tAraph an a9sncy satishctory to tM Mwf9~ye~ and that said Policy or pelicia shall be h~W by the Mort9ayee ~nd sh~ll beu • standard PNw ~
Yak Mwt~p» Cl+ust witFw~t conhibution, makirq the bss under said polides wYSW~ ro tM Mor~yaqe~ u ita interest m~~ +PD~x: and in the ev~nt u~y win ~
~ of money b~comes p~yable unda +M wch PdKY p Policiea, the JMortpqee ahall haw the option ro repiv~ and aPPb th~ sa~nt on +uo~wn of ~h~ ind~bt~dn~ss ~
hM~b1/ aetwed, a to pKmit th~ Matyayw b r~c~ive and us~ it, or any part thereof, fw oMNr putpofes, wi~hour Nwebp w~ivirg w imp~irirW +nY ~4u~tY, li~n,
w riqht w~d~r u~d b~r virtw of Ma morpaqe; and in tAe ~wnt th~ Mwty+Oor dws not tomply with this covenant, the Maty+4ee m+Y pt+ce and pay for wch ~
~nsur~nu, a any psrt Miersd, wiMour w~iviny a affectinp th~ option te iwacios~, w ~rry riqht herew~da, and the f~ll arnoix~t of tacfi ~ne! ~vrry wch payrn~nr
•F?dl b~ iim»di T -
~NIY due ~nd p~yabl~. ~nd aMll bw iMa~st from tM dat~ ther~of until pafd tl MN defwh nh providd in wid ~wM ~nd fopeNw? with wel~
int~t ~N b~ uaxad by dn li~n of lhis nwrqap~. Imwanc~ cowrinq tM patil of flood ~
of Iv», o. ,m~ndsd, .na d+mp. .h~n b. as ..w~..d br tl,. F.der.~ Diwn. v.oKCtion ~k+
mortp~pw cor~rrnb and prNS w tomply in all reip~cts with th~ povisions NNno/. j~
L %
1. That mwtg~qN msy, at ~Mr time dwiny the mortyape tKm, and in its disa~tion, apply fw r~w~l of morqp~ qw?aMy i~awanc~ coverirq tht
morty+g~ ex~cuted by t!x und~rsipned on ewn date herwvith, pay the pemEums dw by rasw~ thereof, and rpuirs repaymant bp the w~d~rsiq~d of sucfi
amounh as ~rt advsnced by said mortqa~ .p iN~~ r1 failw~ bp tM undersiyn~d ro r~par s~id arnounb to s~id maqsp~e. such faihx~ sMll b~ con-
~ siderod a defalt, and all pwisions of n~t~ ' w~Ortqay~ with rpad M def~ult sh~ll b~ applic~bb.
~
S. 7o nK~, cwsnit a su~N~ no wna. imp+irwNnt a d~hria~tion d s~id a~M, a+Rf~ v+M Nw~o% ~+d ovow +M iNdwr d tM waty~ye~ b kNp tM
' , build'iega an uid w~~Y ~ Y~d <»ndtia~ of np~i~. Nr MatypN ~r dwnr~d tM iwrn~di~h naii d u~d bwld~nys, a r+ in~+~ iw tM +woaw of NewiM, a
tM iern~d'itN rpfynw~f d IA~ d~bt Ire~b~/ s~M~d and IM ~~ilur~ of 1M Mortppot ts eoTph wilA s~id drw~d e1 IM Malp~q» far ~ PMied eF /Aimr (30)
dw~, shall coix+~t~ • b.e~d~ e1 Mw rnartO~p~. ~nd, n M~ opion of Mn Mort9~pM. ~n~d~t~b rwM~w~ IM aM:n ~ourK of wincip~l ~+d in?~r„e I+enby
tecw~d, ~nd ~mr'.ed,u~ly en@ witAaR eofiq• f!~ AAp?tq~pM eyy byhhM po~Mdy~y~ b/pne{oN q~is mp~tay~ a~d ~pp~r ~ ppp~Mreie.~t a/ ~ P~ce~~e., e~
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