Loading...
HomeMy WebLinkAbout0398 TO ~iA~'E AND '!'V IiOLD the uine, together a~th tLe teueu?eats, 6erodltamenb and appurtet~aaoa, unto ths 1?tat~aSee. ia fec dmple. At~tD ehe I?latgagor aoes hereby ooveaanc with cbe i?t«tgagee that 6e b indete~t~y ,ot~ed aE saW laod m fee dmpler that bs 6.s full power and lawful rig6t to convey wid land in fee simpk as atore~aid; tlut it tlwll beLwfd for tbe I?tortgagee at all times paa~~bly , and quiedy to eater 6old. aud ea taid land; that said land b free !rom all iacumbrances: that he will make sucb upcw~ u assu~ances to protect the tee simpl~ to ia tbe Ma~tgagee as ma re~orably be ~nired; tbat he doet hereby fuDy viraaaat the title to aaid land andtwill defead the san~e agaimt the lawful datu~ d~ pe~sont ~a~a~oe~e~. PROVIDED, ALWAYS. tbat if tLs I~Ia~tg~gor ~6aII pp? ~o~o tbe MortS+S'~ P~Y note af wWc6 the folinwins fu ; waRlt ~od figure~ L a hos copy. to-wltt i i ~ ~ ~ . t ~ COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCUTION OF RIVIERA BEACH ~ ~ ~ ~ ~iox#~~~~ ~ ate - - , i ~ ,9 78 , ! RIVIERA BEACH. FLOAIDA November ~ ~S for value ceoaiv~ad, tbe under~ned ~indY ~~Y P~~ ~ WY Eo OOMMUIJITY FEDERAL SAV [NCS AND LOAN ASSOCUTION OF RIVIERA BEACH at its offioe in the CIty of AivIen Beac6. Fbrida, a order. tbe sum oE THIRTY FIVE THOUSAND TWO HUNDRED AND NO/ 100THS--~OLLA~ts 35, 200. 00 ~ toget6er with interest therea~a as heceinafter ~taoed in anouthly in~b eE TWO HUNDRED NtNETY SEVEN I AND 83/100--------------------------------------------- noLL~xs (i 297. 83 ! 'Ibe gr~t i~meat ,hall ye d„e .nd p,yabb on the l Oth day of December 1~8 ( aad =ubseqmat iastallmmts shaII be due ~and payable m the l Oth day af each and every csleadar month therrafter ~ mtll tLa principal wd intere~t are fWly paid. j er smas may be paid at ~0.~'~ m~tLlv ~~bere;n vro~vided f~ ~ it b~k Ur stipa- ~ nnt,~,l ~ nn~ ~ie~ve the malcros pa ~ 1'ated by tbe mabe~s at the tiu~e of yu~ent that s~ch sum: are to be applled to tbe advance p~yment ~ the monthly iastai!- tiu pa ~ ments next matur~ng in the ader of their due dates. payments made upoa this aote ahaD be agplied Rrst to the paymeat of ~ accreied interest and secondly upon the principal. 'Phis obUgaHon ahaIl bear tnteresc from date ac ibe race of nine and one / half . per cenc ( 9. 50 96 ) I per annum until the principal and interat are fully paid. ~ 1 Interest fo~ each calendar month s6all be accnied on the first day oE aaid manth and be camputed m the unpaid balanoe of principal and interest ezisting on t6e last day of the preceding month. This note shaIl be o~sidered in defanlt whea airyp~ Y~- I mmt required to be made hercunder shall ~ not have boen made by its due date and sha11 remain in deEault untll said payment ahall n1t, ' Lave been made. While tn deh tLB noce thall bear interest at the rate of ten- per ceat ~ ( 1 A 94 ) per a~~ in lten af tba rabe here~nbefora specified. - All msken and wdorse~s ~w or Lesditer ~ p~rtia Lereto ioantlp and severallY waive dcmand, notioe a£ non- I payam~t and pmbest, and a~ee tbat in tLa eveat af deEa in tbe paymeat afa~? im~llnaeat dae heie~mder for a period of ~ thirtp (30) days tbe wLoie of aid indebeedne~t :6aD tL~a~n at tbe option of tbe hdder> bccome imnuediately due and PaY- , abk, and if this note beoomes in deh~lt and is plaoed in the hands ef an attornry for ooIlecHoo. to PaY rasoo~ble attort~ey~s fees and all other oosts including caats and atto~anys fees af AppelLte Co~ut Prooeedia~t fa malon~ st~h oollection. This note may be prepaid in wLok or in put at any time without penalty. 7~~~~yy`sO ~O~~u~ l _~g~,~ _____._~Thomas E. Wurster _(S~,) - i Thomas E. Wurster ~ Q • 011/ A-~~ _ .~s~.~ ' r~xwLi ------BL Btax--------------- - - - sx t - - Janet A. Wurster ('I7~is note is secured by a mortgage of even date e:ccvted by the maken in favor af Commanity Federal Savings and Lo~an Assn. of Ri.icra Beach) i i € i and :haII prom donn, ooanply with, and abide by each aod every tbe a~eemeats. oonditions, and oavenants of said prom- E ISSOI')? ~6 11E~, ~~E Eif8LE bCt~C~? ClEI~ i~ill OEaSE iD~ AIlII ~ VO~. ' ~ fbC MOit$i$O! aOES bEfCby COVCiii~ ~ a~'EE: ~ 1. To pay aD and sing~ilar the p~indpal and interest 4nd otLer sam~ af nwaeY WYgbk bY vlrtne af said promi~sory not~e and this mozt- gage. or either, Promptly am the daYs rGSpxtiv~elY. the s'ms sev~erally oo~e dne. ~ ~ 2. To pay all and singular the ta~ces, a~eab,~,~, Labilitid, obli~tians and ~ of every natnre on aaid described prop- erty each and every when due and payable accordina to Iaw, before they beoome delinqaent, and if the same shaIl not be promP~Y P~ ~ tbe Mortgagee may at anY time either before or after delin4u~,'Y PeY tbe same witboat waiving or afEecting the option to faecloae, or any right hereunder. and everY P~Y~t so msde shall beat. intet~est from the date tLeieof it tLe iate proYided in said promisa0ry aobe. g 3. To keep the buikling~ and alle qmpmeat and pe~woal p~y novv or heceafter m said premi~s, ooverad by this moitgage, iniured ~ in a sum at least e9m1 to t~e unp~id balanoe af this mortg,a8e, iududing firg, $ood. e:Eeadad ooverage vandalism, mslidwis mucbief, and any other coveragereqnire~l by the mortgagee, as to properties other than dvvelHa sad fire, flood, ~ed oaverage, spec.tial-form other-perils ; insurance. and e~ other aovera8e required M? ihe mortagee, ~ dwellin~t dig~e for such bradened oavera~a - Provided~ hovvever, that ~ such insurance be in aa amoant sufficieat to oom. p1Y with any oo-insuranoe req~b coverin8 same ~mder the Iaws af tha State of Fbrida, ' and pmvided further that t6e policy or policies shau be written ia aco~pany or oompania and thmu~ aa agen~.y ~tisfactory to the Mort- 5 8agee and that said policy or policies shall be Le1d by the Mortgagee and s6a~ bear a~andard New Yorlc MartgaSee Clanse without oontribu- ~ tion,~~ the loss under said pol;cies payable to the Mo~rt~agee as w intereic rosy ap~p~r; and m the event aay sum ofm~e~ beoomes payable u~er any sucL polic~? orpo1~cies~ t6e Mortgagee shaII have the optian to reoeive and ap~ply the same au aoow~m af tbe indebtedne~ hereby secived. or to pcrmit the I~t or w receive and ~ue it, or a~ pert thaeaf. for otber pnrposea, vvithout therebY waivia8 or imW~i*- ~rtgag ue ~ ~B ~Y e9w~Y. 1ien, or rip~ t under and bry? virtue of this mortgage; and in the evmt the Mortgagor docs not comply with this aovenant, the ' biortgagee may pl~ace and pay for such incurance. or any part thereof, ~vithout waiving or affechng ~the a~tton to f~ose, ar any rig6t hero- t under. and the full amount of each and every ax~ paYment s6all be immediatdy due an~d~a ribb. aad shaII bear interest from the date thereof until paid at the default rate provided. in said note and togethu with mch inberat :haII be secured _by tbe lien oE thit mortgage. I~r- ' auoe oavering the perf1 of flood damage sl~all be as rcqnired by the Federal D~ter Protectiao Aa of 1873, or as amended, aad mortgagor f oovenants and agreea to o~ply in all re.tpccts with the provisions thcrco~. . rena va : 4. That mortgagee may, at a~ time during the mortgage term, and in its disaetion. apply for renerval of mort Se Sua*antY iasurance } cavering the mort ge e:ecuted by the undernigned on even date herewith,pay tLe premium dueby reason , and recl~ ~Y~~ by the undersi~of such amounta as are advanced by said mortga~ee. In tbe event of failure by the undersiSned torepa said amounb to " said mortga8ee, such failure shaD be constdered a defauk. and aU paovisiaas of the note and mo~ga~e with regard to defa !t s6all be a~lie- ~ abk. ~ 5. To percnit, oommit or suffer no waste, impairmeot or deterioration of saidpro . o* enY Pa~t thereof. and upon the failiue of tbe ~ mort8s8or to keep the buiklings an said praperty In good candition of repeir the tb ir~ maY demand tbe immediate iepair of ssid build- ings, or an inciease in the anwunt of security, or the immediate ~m ent of t~e debt here ~ecurod and the fa~~ue ~ the Mort~agor to com- ply with said demand of the Mortgagee for a period of ihirty ( 30 days, sbaD constitnte a ch of tLis mortgage.~ and, at the option of tLa Diortgagee. imu~ediately mature tbe eutire amwnt of prindpal ~interat hereby secured. and Immediately and tbout notice, the Mortgagea ~ may institute proceedings to foredase this mortgage and apply for the appointrneat oE a Reoe~ver~ a~ herefmfba pro~vided. - ia ~I~ g OQi' 1 ~ r ! ~ ' - t» ' ~'N ~ ~ ~ ~ ' ~ . -c : s; .ea~. - ,~3 v~r.~"~' . _ . . . ~ ' _ ~ z~' . . < _ _ . c.~.