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Home My WebLink About0788 TO !lAYE AND TO !lOLD the wms, toQether with tbe ta~menb. hera!ltameob ~ad ~ppurteoanoes. unto t!?s Mortga8ee. in fee slmpk. AND the MortgaSor doa bereby oov~.~nt wit6 ths Moct es that he 6 lacl~e~ti ~efud af dd 4od ia tes dwple. that bs hu 1«1! powe~ u~d law(u! dght to rnavcy sa11 laad in fee umpb as~i oraakl; ehat it ahaU be~wful Io~ t6s Mo~t~a~ee ~t al! tUoa p~blr and c~uietly to eoterupo~~ lwld, oocup~ aud eu tvd land; tbat a1d land Is free from all irxvmbranoes; that he NiU make :ucb further assuranca to protect the fee simpb titb to ~~tbs lawfd dairas af tbat be doa Lereby fW1~r w~uraot - the tfek to isW laod aod wiU defead tl~e uwe pe~on wbom~oever. PROVIUED~ ALWAYS. tL~t H t~ lloetp~oe ~WiII py? mEo fLe Mat~a~es tLs cert~ln p~amiaory note af w6kb ths [ol{o~win= ta wocd~ aod Eigures b a trus ropr. to-~rlt: ! COMMUNITY FEDERAL SAVING3 AND LOAN ASSOCIATION OF RIVIERA BEACH ~ ~ i ~ I ~~art~tt~e ~ote ' I ? ~ tuvtEM BE~CH. FLORIDA A pr il 21, 19 7 7 Being lnclebtod, for value received, t6e utKlersi~xd ~oiatly and sev~eriDy promi~e tp pay to (~pMMUNIIY FEDEML SAV- INCS AND I.OAN ASSOCIATION OF AIVIEM BEACti at itt offioe in the City of Riviera geacb~ Flodda, or arder~ tbe som of ' TWENTY SEVEN THOUSAND TTINE HUNDRED & NO/100THS DoLL~s 27, 900. 00 ~ ~ j togetb~r with Jnte~est ebereoo as hercinafter stated tn montlily tastaWnents aETWO HUNDRED THLRTY AND ; 34/100-------------------------------------------------DOLI.~RS(i230.34 ' 'The wst iastanmeac sha11 be due .od payabk oo tLe l Oth ~r ~ June, 1977 .nd s~,bsequc,c tnscdlmenb shau be aue and pay.bk oo cbe l Oth ~r oE ead, .nd every calaidar month tl,ereatcer uatil the princ;pal aad iate~est are fully paid. i i ~ I,arn er sums may be paid at aaY tur~e, but thew yment af any such larger sviro in additiou to the p~yments herein re- ' quirod shalf na reL'eve the makea oE u,e payn~enc of we monthly instaltuiena berein provided for. unkas ic is specif~~ ~ lated by t6e makers at the time ofpa yrneM that such lar er sums are to be ~ppL'ed~ to tbe advanoe p~yment of the ma~ I ments na~t maturing in tbe adec oE their due datcs. ~ payments made upon this aote shaA be applied first to the payment aE accnied interest and secondly upon the p~incipal. ~ ` TWs obligation shall bear interat from date at the rete of eight and eight/lenths ~n~ ( 8. 8~) per annum unW the principal and interest arc fully paicl. ~ i latercst for eac6 cakndar montb sha11 be accn~al oa the fi~st day of saxl montb and be canputed an the unpaid t~aluxe ~ of principal aad intemst existinR on the 4st day of tbe preccding maith. This note ahall be con~idered in de(auit when anYpa Y_- ~ ; ment rcr~afred to be made l~ereunder shap aot have been made by its due date and s6aU remain in defaalt until said payn~et~t stia0 ' ha~~e lxrn made. Whik in aPEAU~~, lhis note shaU bea~ interest at the rate af -ten- pPr cent ; ( 10 96 ) per .nnwn in lieu af tt~e race hercinbefore spedfjed. j AU makers ancl enciorsers naw or hereaher~~ parties 6ereto i~dY a~d severallY waive demand. notice of non- i paymeot and protest, and agree that in tbe event of defauTt in tbe p~yment oE~y installment due lxreunder (or a period of ! thirty (30) days the w6ok of said indebtedness :hall thereupao at the optian af the holder. become imrrkdiately due and WY- ; able, and iE this note bernmes in default aad is placed in the hancis d an atto - ~ and all other costs includinA eosts and attorncys fees of A 1Lte Court ~ fOf ~O"' ~O p'y ~"'bk xttorney's fees PR~ Peooeedinp for malung wch collection. ~ ~ This note m•r~• M+ prepaid in wbok or in part at any time Nithout penalty_ ' i ~ ~ i I ~ ISEAL) 8/Da~d P._ .~eller (SEAI.~ i David P. Geller ' - - - - ~ (s~?~) s/Gerald~ne O,._ Geller (s~?[.) ~ ' 17his notr i~ sernrcrl b• a rrwrt~;ayCe of chen date exeCUted Gernldine O. Geller > by thr makers in fa~or o[ Community Fc~eral Savinqs ancl I,oan Aun. ~ n( Ria•ier~ R~a~•h 1 ~ I : . ~ ~ ~ I ~ and shaU prommp dy~e r(orm, rnmply with, arw abide by each aod every thr stipulatiau, ageenxnts, eonditions, and covenants of said prom- ~ issory rwte ancl of this deed, then d~e estate hereby creati~d shap ceace ancl t~e null and void. ~ A\D the Mortgagor does 6ereby cavrnant and agrce: ~ 1. To pay aU and sinRular the principal and interest and other sums of money payable by ~irtue of said promissory ~wte and this mort- ~ qaRe, ~ either, prompdy on the ~lays respectively, the same severally come due. ! 2. To pay aD and singular the tazes, assessmenb, ievies, !'u• bilities. obliqations anci encumbrances of every nature on said described prop. erty each anJ every when due anJ payable according to law, before t6ey become delinquent, and if the sarne shall not be prompdy paid ~ the Mortgagee may at any time either before or aker delinquency pay the same wittwut waiving or affectinq the option to foreclose. or ~ ~ny rip,ht hereunder, and every payment so made shall bear interest irom the date thereof at the rate provided in said promissory note. I 3. To koep the buiWiags and alle~ uipment and personal pr~e~ty now or hereafter un said premises, covercd by thjs mortgaSe, ;nsured ~ in a sum at least eyual to the unpaid balance oE this mortgpge, including fire flood. ezteaded coverage vandalism. inalicious mischicf. and ~ any other co~craqe requirecl by the oartgaqee. as to propertics other than dwel~in~s and fire, fbod, e:ten~ed coverage, special-form other-perils insurance, and any otber rnvrrage requirod by tbe mortagee. on dwrllings eliy,~'bje for such brwdeoed caverage- provided hovvever. t6at such insurance be in an aawunt sufficient W compl with any co-i~uuraaoe requirements covering same under the laws af the S~tate of Fiorida, and prm~idod further that the policy or policies s~ be writtrn in a company or opnpanies and throuRh an a~ency saticfactory to the Mort- Kagce and t},at said policy or policia shall be 6eld by t6e Mortgagee and shall bear a standard New York Mortgaqee C1a~ue wit}wut contn't,u- tion, makiag the loas under said policies payabk to the Mortgagee as its Interes! may appear; and in the event any sum of nwney becarnes payable under any snch policy or policies, the Mortgagee shaD have tlx option to recefve and apply tLe same an acoount o~ the indebtedness hereby secured, or to pern~it the lfortqagor to receive and use it, or any part thereof, for other Purpo~ea. ~+'~t!?out fbereby waivinq or impair- inA aay eryuity. l~n, or ri~ht undcr and by virtue of this mortXaSe: and in the event the Mortgaqor dces not comply with this covenant, the !?fortqagee may pl~a~ce :uid pay for suc}r insurance. or any part thereof, without waiving or aHeetinR the option to toreclase, or any riAht bere- under, and the full amamt of each and every such payment sha11 be immediate}y doe and payable, and shall bear interat from the date thercoE until paid at the default rate provided in said note and together with such ir~terest shal) be secured by the lien of this mortgage. Iasur- ancr caverinA the peril of flood damaRe shap be as re~~uired by the Federal DCsaster Protectioo Act of 1973, or u arnended. aad mortgaRor covenanb and agrees to comply in aI) reapects with tbe provisions therrof. 4. That rnortRaRee maY. at any time durinq the moRgage term, aad in its discretioo. apply for renewal of~ martga!~ K~~h' insurwce covering the mort ge executed by the w~derslRned on even date berewith,pa y the premium due by reasoo thereof and reqnire 4~y thc undersi~of such amounts as are advancrd by said mortqa~ee. In the event of failure by the undersiRned torepaY said an~un~ ai<I mortgagee, such failure shal) be consi~'cred a default, and a1! provisions d the note and mortgage with reg,ard to default s6all be applicti abk. 5. To permtt, oornmit or suffer no waste. impairtnent or deterioration of said property. or aoY P~ and upon the failure of tbe mortgagor to keep the bulWinAs on said P~~Y ~ S~ conclitioo of repair the 1ltortqa may demand tbe immed'ute repair of said build- ings, or an increase in the amount of security. or tl~e imrnediate ym eot of tfie debt secvred and the failnre of the Mortgagor to oom- ply w;th said demand of the MortKaxee for a period d thirty (30~d~ys, :haU constitnte ~ ch of t6k mortgage and. at tl~e option of tl,e ~iorti~aRee. immed'utdy mature the mtiro amo~mt of principal and interat hereby secured. aad faunedi~tdy and wit}~out notloe. the Mortgagee may irat~cuce proooedin~ to for~rloae th[s mortga~e and apply for the appdncment d a Reoelver. as hereinafter provided. ~~b7 ~ 78S ~ ~ ~ ~ _ ~ z~: - . - - ~