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Home My WebLink About2429 To pl~ ~nd co~tin~ously kt~p on tM buitdings now w har~after ~ituats on taid land snd on all equiprn~M ~nd p~non~lly cova~d by thi~ mat~ ap~, with ~II Frtmivms Ihereon pa~d ie full, fire i~sur+nce ie? ihe u~ust standard policy form, in a sum app~ov~d by tM MORTGAGEE. ~nd windstorm 4nw~nc~ in tM uswl ~tandud po1Ky fam, in a wm approved by tM MORTGAGEE, in ~vch company o~ compa~ies at tM MORTGAGEE m+y daK~t ~+~d fiq and w;odstorm intur+ecs poliuea on any of f~id build~npi, any inMrest therei~ or p~rt 1h~rwF, io tM +yy~eya~e wm afonsaid o~ in ~xc~ss th~r~of, ah~ll contain tM usu~l ~tand~rd mor+gagee clavse w such o~he~ clauss as ~he Mat9agee may ~pvu~, makinp ~M toss unda wid po11~ cia. ~ach and ~wry. p~yabl~ ~o wid MORTGAGEf as its intere~t may appear, and each every svch policy shall be prompfly su:gned and delive~ed ~o .~ny hNd by aid MORTGAGEE ~s fu?ther iecvrity to s~id mortgage deb4 and, eat leu than ten (10) days in advaoce of the expira~ion of each policy, 1o dF (iv~r to uid MORTGAGEE a rMewal tht~eof, toQe~h~r with a receipt fa the premium oi such renewal; and there shall be ra fue a windstwm in~+r~nc~ p~~c~d on any of s+id buildinys, any intere~t thaei~ w p~rt thereof, vnless in the form and wifh the loss pay~bl~ ai ifw~s+id; ~~.d in the event ~ny ium Of ma+~y betarw~ payaW~ und~r such policy a polKies iaid MORTGAGEE shall hava ~he opt3on lo ~eceive snd ~pply ths same on accou~t of the i~debted~ Mq sKwfd hKMy o/ b pt~mit Nid MQRTGAGORS ~o ~eteive and use it d sny part thereoi fot othet purposes, without th~~eb/ waivi~~g or ~mpair- inp ~ny p~itp, lite~ w rigfit ~e~de? or by virtw of this mortyage; and in the event sa~d MORTGAGORS shall fw ~ny reawn fail to keep ~ha s+id premwes so intu~ed, a iail fo deliver promplly any of uid polities of insurance to said MORTGAGEE, or fait promptly to p+y fully any premium therefw w i~ a~y nt,pect fail ro pt?for~, diuharg~, executs, effect, compt~ts, comply with and +b~de by ~h~s covenanl, a sny pa~t hereof, said MORTGAGEE may pl~ce ~nd ~ pty fa wth iro~ranc~ or u?y pan thereof w;thout waiviny q ~ifectinp a~y option, lien, equity, w riyht under a by virtw of thi: 14tortyaps, and the fvll amovnt of each uid ~vsry sud~ paymen! shsll bs immediately dw and psyable and sha~l be~r interes~ from tM dat~ thereof untii paid at the rat~ of ~+in~ p~r t~ntum pK annum ~nd topether with ~uch interest shall be secured by the lien of this mwtgspe. 4. To pKmit, oommit w wffer no wa~t~, imp~irme~t w dete~ioration of said property u any part thereof. ; S. To pay all ~nd sinpvl~r tM coits, cMr9e~ +nd expenses, including a rea:onabte ananey i fee snd costs of ~bst~acn of title, incvrred o~ paid af ~ any tlms by said MORTGAGfE, bca~ss o? in the event of the fa~lure on the parl of ~he said MORTGAGOR to duly, p?omptly and fully perform, dischar9~, : ~xecut~. ~ffatt, compl~t~, comply with ~nd ~b~de by exh and evcry the stipulations, +greements, cond~tions, and covenants o~ s~id promiswry oots a~d thy n+at~ay~ ~ryr a eitMr, ~nd s~id costs, thupes and expenses, each and eve~y, sbaU be immed~ately due and payable: whether w not thero be aotiu de~ ~ enw~d, ~nsmpt to mll~cl pr s~it p~nd;nyj a~d tM f~ll amount of each and every such payment shall bea• inte~est from ths date thereof uniit paid ai tM nt~ of nir?~ per centum per ~nnum; and all iaid costs, charges and expenses inarrred o~ paid, togeiher w~th such inter~st. shall b~e secured by ths lien oi thi~ ~~D~ b. TMt i~ the ~vent of any breach of this Matgsge w default on the part of the MORTGAGOR, w(b) in tM ~vent any of sa~d svm~ of money hK~in r~Fat~d to b~ not promptly and f~lly paid within thirty (30) days ncxt af~er 1he sarn~ sevcraUy become dve ~nd payable, withovt demand a notics, W(rJ In rht ~wnt each uid evsry the stipulations, agrecments, conditions and corenants of sa~d promiswry nole snd th~s mortgs~e a~y w either ~re ~wl ~u~y, promptly and fully pKformed, diuMrged. executed. effected, complcted, complted with and abided by. ~hen in either w~ny tuch ewnt ti+s s~id ~ pr~p~t~ wm m~ntaned in taid promistory note then remaining unpaid. with inr~rest accrved. and all moneys fec~red hereby, aMll become dw and p~y- ebl~ forthwith, p rMttahar, d tM option of uid MORTGAGEE, as tully and compintely as if all of ~he said wma of money we~e oripinally ~tipul~ted ~O b~ paid on s~cA day, anyfhinp in said promiuory note w in this Mortgage to ihe contrary notwithstandinp; ~nd thereupan or fhereaftar at th~ option of t+id MORTGAGEE, without notice or dert. nd, suit at law w in equity, therefwe w lhereafter begun, en~y b~ prosecut~d u if sll mon~yt s~tvred hKtby ~ lud enafur~d prior to ib institution. 7. TMt in ths event tMt ~t the beginn;ng of or at any time pend~rg any suit vpon this Mortg~ge, w ro faectos~ it, o? to nform it, or to e~fora payment of ~ny diimi Mrwnder, ~aid MpRTGAGEE thall apply to the Cou.t having jurisdictan thereof fw tM ~ppointment of a Reteive~, auch Cwrrt sMll fwthwith appoint + rKeiv~r of ui~ mort9sped property all snd singuler, includ~ng all and singutar the income, pof~ts, issuet end rev~nues from whatev~r Wurp d~rived. eech ~nd ~wry ofi which, it beinp expressly understood. is hereby mortgaged ss if spec~i;cally set fath and deutib~d in thi pr~minp and h+be^dw^ d+~nes he~eof• ~nd suth Rece~ve? sh~~~ havt •II the broad and effective funct~ons and powers in anywiu entr~sted by a Court fp ~ Rec~iver, ~nd such ~ppointrn~nt shall be m~de by suth Cou?t ~s an admitted equity and a rt+~lter of absoiure rigA~ to said MORTGAGEE. u?d wirAout reference to tM # ad~qvacy a insdequaty of tM wlue of the property morfgsgcd o~ to the sowe~cy or ~nso~vency o( said MORTGAGOR w tM defendanri, and that ~uth # r~nts, profiri, ietoms, itsws and ~~venues shall be applied by such Receive~ according to the lien w equity of tsid MORiGAGEE and the practiq of suth ~ Court. ~ 8. To dvly. promptly and fvlly ptrform, dischargs, execute, effect, complcte, con:r!y with and ~bide by each and wery the stipulationa, aprsement~. ~ condiYwro u~d ooven+nts in aid p?omissory no~e and this mortgage se~ iwth. ~ 9. Th~t in ths ~venf the ownenhip of the mortgayed premises, a sny part thereof, becomes vested in • penon other tha~ the AAORTGAGOR, fh~ MQRTGAGEE, in svcceaort and as~iyns, may, w;thout no~;ce to the MORTGAOR, deal with such succsssw p wcc~s~or i~ interes/ with refer~nte to thu mo?tpapt and ths debt he~eby secured in the s~me manner as with Nbrtgagor withovt in eny way vitiatirg a d~xha?ging the Mwtgapors' li~bility hert under w ~pon th~ debt hereby secured. No s~te of the Fremises hrreby mortgaged and no fwbearance on the paat of the MORTGAGEE or its successws or suiyru and no ~ztenian of the time fu the payrrKnt of the debf hereby secured given by the MORTGAGEE w its successors w ~si6gns, aMll operat~ to releue, discMr~e, modify change a affect the uiginal liab~lity of the lNORTGAGOR herein, either in whole or in part. 10. If is ~pecificslly ayreed tF~at time is of the essence of this contract and that ~o waive~ of ~ay obltgatan hereunder or of the oblipation ae- ared haeby ihall at ~ny time thereafie~ be held to be a waiver of the tcrms hereof w of the instrument secured herby. 11. In addition to .the forego:ng monthty payments of prinCpal and interesr req~ired by the prom~ssory no~e secured hereby, mortgagor covtnants and sgrees to p~y to mortgagee with each monthly payrnent an addiriona~ sum est~mated by mortgagae to ix eqwl to 1/12 of the annual cost of the follow- ~+D~ A-All real property t~xes kvied o~ assessed against thc above described real estate. B-Premiums on fira and windstorm insurance as herein requ;red to be carried on the improvcments situate on the above desaibed premises. C-Premiums on auch mortgsge guaranty insurarce as mwtgsgee shall irom t:me to tirne deem fit to csrry on ihe loan fetured hereby. Mo~t9+9es sh++~ f~om Nme ~o time norify mortgagor in w?if~ng of the amoum due and payable hereunder ~nd such wm shall thereupon be due and pay~ble on fhe due date of the next monthly payment and each succ ssive month the~eafter ur.ti~ mortgagee ahall notify mortgagw of s change in such •mount. Such sums sAsll be ~pplied by mwtgagee toward the paymcnr of real property ta~ces, insurarxe prem:ums, snd mwtgage Q~ar~nry insursnce premiums. IN WITNE55-WHEREOF, the said MORTGAGOR has hercwnto ut his hand and seal the day and year fint efaesaid. ipned. 5~~1 and d 1 red i tM presence of: . n - wsq STA7E Of FLORIDA ~ ~ ~ courm oF _ S t. Luc i e ~ defae me personally appesred Brien B Jaeobua a~ ~ Lil2ian B Jaeobus his wife, to me welt known ar~d known to me to bs ~ ths Fndividwls dewibed in and who executed the faegoirg instrvment, and acknowledged befwe me that they executed the same for the purposes ~ lherein ~xpressed. Md the sa~d j~ 11 i n$ a~BGObL~ I wife of tM ssid Bl'~ ~ B Jaeobua s separate and privst~ , exsmin~tan by me taken separate and apart from her said husband, ackrawlcdged to snd befwe me tFwt she executed said ins~rurrKM iretly and volvrr I ?uilY and withovt ~ny compulsion, constraint, spprehensim,f or fear of or from her said husband. ur I WRNESS my hs~d and offkial se+l thi: lr~ o{ A_ D. 19~_ ! • - _ ~ Notary Public ' end fo? the State of Florida ~f lar~e Retvsn 7a My Commiii expires: F~..t F.de..i s.~~~. a~.~, w..«~.r~, pECORDEO F°,,-P:««. F~LEO AN~ Y FLA• notary PubNC, Ytalt ot h1or.Ce at ~argc ' Fo~r- P~HCr, .~oi~da UC,~E COVNT ' p !Ay Comm'sc~on Exp.rQS Au,. o, 1967 i . $'f. ;~D ~?ERIF~~ ~onded 8y Arttencan Su~ely Co. oi N. Y. ; RECd Gk~~~ . : ; ~ : ~5 ~ - _ ,66 orT ~ P~ 3 ~ - _ • : . ~ - 1492~ ~ , ~ . ~ ~ .;C~C`RCU?T C~~~RT ~ . - CI.ERK ~ ~ . _ 8ooK157 PA~~ 28 ~ _ _ _ - - - ;:~,,:3;.~ _ _ - - , . I v5 ~yj ~ ii~ ~ ,~",E i ~ ~ - ~ . F ` I ~ . _ _ .