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Home My WebLink About0596 TO HAVE AND TO BOLD the same, mgetbsr with tbs t~meab, heredituaeob and sppurteotooes, unto the Mortp~ges, in fee simple. AND the Mortgagor does hereby oovenaat with the M that hs b seined of said hod is fee dmpk, that 6s br full power and Lwful right to convey said land in fee simpleeaid; that ft sb n be lawful foe the Mo~ages at all times pasoea and quietl)r to enter upoo~ hold. occupy and Syr said hod; that said had it free from all irscumbrarrcea: that he sill make such further assurances to protect the fee dmpb this to said lied is the Mo~t~gee as mar rasonably be required: that 6s does hereby fulb? warrant the tills bo said Lad sad will defend the same against the hvrful claims of aII penar wl~amroever. PROVIDED. ALWAYS. that if the )t[aetsa~ s6aIl pay onto the Matga,es the certain psambsory sots of whkh the fdlawio~ ties weeds sad Bgara !s a trns aopq. t¢wiRt COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF RIVIERA BEACH ~IIX#~tt~8 ~DtB - RIVIERA BEACH, FLORIDA December 19 Ig78 Behrg indebted, for vahre received, the unde::igaed i~lb? ~ ~Y p~~ bo pay bo COMMUNITI! FEDERAL SAV- WCS AND LOAN ABSOLUTION OF RIVIERA BEACH at its ofBoe fo the Laity of Riviera Beach, Florida. agad~. tphe smm of - TtHogI~ T ~0 TR~OUAND Nhara after~stae~ed inHmonthly installments ofd Hundred~g BigFi~' and • 00 ) ( 288.54 54/100---------- DOLLARS i The Brat tm~llaneot shall be due and payabb on the 10th of May IS19 sad wbsegoeot i~meests shaII be due and payable on the 10th ~Y of each and every calendar month thereafter 1 mtl1 the prmdpd and interest are fully paid. Un}tih the first payment mentioned above, interest - _ -L -~_1snm~: may be~pata-at-san~wtime-bnf ~~aymeatk~ ~r ~ L~ sons is a~ddi~tioa ~ ~ ~a ~ts~l~ ins= ~Lted by the makers at the time of payment that each lamer sums are to be applied M tie advance payment of the monthly install- aecYUed ~~turing u~ ~ dues. Att paymeata made upon this note aball be applied first to the payment of Ibis obligation shall bear interest from date at the-rate °fnine and nine/tenths-----~ OE°t ( 9.9 Y') per annum unhtill the principal and interest am fully paid. Interest for each cxleadar month :hall be socrued ea the first day of said mantb and be oomprrbed oo the unpaid baLaoe of principal and interest existing on the Est day of the preceding month. Thb note shaII be oonidered is default when a~? pay- ment required to be made bereander shaII not have been made by its rice date and shall remain in defauk rmtil said payment shall have been made. WWIe in defauk, this note sbaII bear interest st the rate of ---------ten-------------- P~ cent ( 10 'X.) per annum in lba of the rate heminbefare spedBed. AII maters and endorsers now or hereafter parties hereto jointly and severally waive demand, notice of noa- pay,eaenc and protest, sad agree that in the event of ddauIt in the p~y~t of air imtaiment due hareimder for a period of . thirty (30) days the whob of said indebbedoeas shaII tlaareupon at the option of the holder, become dy due and pay- aabnd all~othRer ~ ~uding oo~ab a~nd~attoraays ~ ~AppeDate~Conrt Pro~di~ogs for making soch~oo~on• le attorneyjs fees This note may be prepaid in whole ar in part at nay time without penalty. rct~wiJ S1By_ron Larsen (SEAL) ! Byron Larsen t~tLt S/Patricia Larsen-------------------------------------(sue) Patricia I.a sea (This note is secured by a mortgage of even date e:ecated by the makers in~avor ai~Community Federal Savings and Loan Assn of Riviera Beach ) E and shaII p rm, comply with, and abide by each and every the' agreements, condition, and ooveaants of said prom- ;~ry note ~ deed, then the estate hereby created shall cease and nuII and void. AND the Mortgagor does hereby covenant and agree: 1: To pay all and singular the principal and interest and other same of money payabb by virtue of said promissory note and this wort gage, or either. promptly on the days respectively, the same severally Dome due. 2. To pay all and singular the tares, ate, 1evi~ liabilities, obligation and eotumbtanc~es M every nature on said described prop- erty each and every when due and payable according to yaw, before they become delingaeat, and -if the same shall not be promptly paid the Mortgagee may at any time either before or after delinquency pay tte same without waiving or affecting the option to foreclose, or any right hereunder, acct every payment so made shaD bear lateral [rem the date thereof at the rate provided in said promissory note. 3. To keep the b ~ and all and personal r~p~Y now or hereafter an said premises, covered by this mortgage, inured in a sum at least equal unpaid b . oe~aft this mortgage. pinciuding flood, ascended oo~cag'e reodali:m, molicious nnischief; sad any other coverage required by the mortgagee, as to properties other than dq?he~and fire, flood, e:ben~ed coverage. spatial-form other-pecih insurance, and any other coverage required by the mortagee, on dwellings for such broadened coveraggee - p however, that such insurance be in an amount sufficient to comply with air co-insnraooe regn3remenbr covering same Hader the Lws of the tabs of Florida, ~ and provided further that the policy or polices shall be written in a corppany or companies and through an agency satisfactory to the Mort- gagee and that said policy or policies shaD be held by the Masgagee and shag bear a standard New York Mortgagee Clare without oonMbn- tion, the loss under said policies payable to the Mortgagee as its interest may appear; and in the event a~ sum of money becomes payable a~ suer policy or policies, the Modgagee shau have the option to receive and apply the same oo aoowmt of the indebtedness hereby segued. or to permit the Mert~agor to receive and use it, or any part thereof, for other purposes, without thereby waiving or impair- ing airy equity, lien, or ~ht under and by virtue of this mortgage: and in the event the Mortgagor does not compply with thi: covenant, the Mortgagee may pl~a~ee and pay for such insuuance, or any part thereof, without waiving or the option to ferec~ase, ar any right here- under, and the full amount of each and every such payment shaD be immediately due and_payable, and shall bear interest fry the date thereof u~l paid at the default rate provided in said note and together with such interact shall be secuued b~ the lien of this wortgage. Iasur- anoe ooverra the peril of food damage shall be as required by the Federal Disa:ber Protection Aa of 1 3, or as amended, and mortgagor eoveaa~ a~ agrees to comply in aII respects with the pro~-Lsions thereof. - 4. That mortgagee may, at a~ time during the mortgage term, and fa its diacxetion, apply for renewal of ge guaranty insurance covering the mortgage a:stated by the underrsigned on even date herewith, pay the premium due S~yyrr reason the~f, and require repayment by ibe undersi of such amounts n are advanced by said mortgagee. In the event of failure by the undersigned to rr~epaaYY said amounts to said mortgagee, such faihue shall be conid~red a default, and all provision of the note and mortgage with regard bo dehult shall be appleN able. 5. To permit, commit or suffer m waste, impairment or deterioration of said . or any part thereof. and upon the failure of the. mortgagor m keep the buildings on said property in good condition of repair the ~ may demand the immediate repair of said build- ings, or an incxease in the amount of security. or the immediate ymeat of t~e debt here natured and the faihrre of the Mortgagor to com- ply with said demand of the Mortgagee for a period of thirty (30~days, ahau oontitnte a of this wortgage and, at the option of the Mortgagee. immediately mature the entire amount of prindpal and merest hereby secured, sad immediately and wit~oat notice. the Mortgagee may institute proceedings to fora~ose this mortgage sad apply for the appointinent of a Receiver, ss hereinafter provided. i 60~c ~ FAGS ~h7V