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S. To piao~ and conHnuo~aly kNp on tM buildieps aow w MnahK ~ItwN on said land and on all pvipnwnt ~nd p~nonaly cova~d bl? thi~ rna~P
q~, whh ~I) pnmhx~4 tlwtwn paid in fu11, firs inwr~nu in tF» vswl stardud policy torm~ ~n + wM ~PP~~ bY ~~i~ E~R
uawana M ~h. u~wl ~t+nda.d paiqr f«m, tn • swn +pp?owd by tM MOkTC3l?C,EE, in wch comp+nY c? ca^p+^i~+ I?
dincq wid dl fin ~nd w'u?d~twm irowana Pd~ ~+~Y of aW buildinp~, ~y ImKat tMnin w put thuwf~ in tM apprpat~ swn afaaaW a
In ucan thenef, ~lwll coMain tM wwl aand~rd mo~r~~a~ daus~ w wch otMr dav~ a tM Mo.p+pM nn+Y nquin. makin0 ~h~ toa v~da said poi~
cf~,. ~ad~ and ~vNy. WYabl~ 1o said MORTGAGEE a ib inttrtst m~y appMr. ~+d ~ad~ and ~wry wd~ poiky thall b~ pranpth? us;yned ~+d d~liwnd to
any Irld by aid MORTGI?GEE a fwtlw qcwity ro wid mortp~p~ debt. and, not I~ss th~n t~n (10) dayi to advana of tM e~ation of Mch polfh?. w d~
liw~r ro s+id MORTGAGEE a~~wal tMnof. ~op~tMr with • noeipt ia tM pnmium of wch r~w~ll ~nd thu~ sMll b~ no firt w winditam Muwana
plaad on s~y of wW bvildinps. ~nY intMat tM.ein a put tMrwf, vnlas in ti~ fwen'u~d with th~ loss piysbl~ a~fo~es+Ws +nd in th~ ~wnt any swn
of nwn~y b~oonws p+Y+bb u~d~~ wd+ policy a polidN said MORTW1.raEE sMll h~w th~ option fo r~uiw ard ~pply tln s~n» on ~ooowH o1 tM M+d~btd~
ewas Kcw~d hN~by p to pKenif wid MORTGAGORS b nctiw and w~ N or ~ny put thereof fa otha pwposes, without Ihereb,~ waivin~ ot impain
tnp anr pvity. IMn a ripht wid~? or by virtw o! thia ~nortp+pq +nd in tM ~wnt aid MORTGAGORS tMll fa ae?y r~ason fsil fo kttp th~ wid premisa so
Inwnd, a faii b d~liwr pramptly ~nY of said polici~s d irow~ ro s~id MORTGAGEE. « f,ii P?o~~hr ro pay f~+ty any pr~rnium thK~for a M sny
nspsu faN b pufanl, disdwry~; ~x~ou» ~ff~ct. tompl~M. oomplr wiih and abid~ by this oownant, or aMr part hawf, taid MORTGAGEE may pl~u ~nd
P+Y fa wd~ irnutano~ ot any put tlw~tof withovt wslvinp or ~ff~ctinp +n1~ oPtien. U~n, puib. or ripht w+dN or by virtuo of this Mortqa~. and tM
fvll nnount of ~ach and ~wry such p~ye»rM ~MII b~ imm~di+t~ly du~ uid py~bM and ah~il b~ar intu~st from tl» dab tMtwf 4nti1 p~id M th~ ra1~ of
nin~ pN antwn pw ~nrwun +nd top~~M+ witA rKA Innrat ah~ll b~ s~cw~d by th~ lia~of thN ~no~t~.
1. To pKmi4 ooewnit w wff~t no wast~ MeF+km~nt or d?tKioratan of ~aW propKb w iny part thKwf.
5. To p~y all aid tinpula~ th~ ~oosh. ch~rp~a aod txpKws, iedudirp • roason~ble .ttorn~y's fe~ snd oosn of abstradt of titl•. incuned w paid ar
~ny tim~ bp said MORTGAGEE, b~uus~ or in th~ ~wnt of the faihrn an tM pan of th~ uid IYWRTGAGOR w dvly, promptly and fully pKform, d~schu9~,
~xecvt~. ~ffat. oomPk~~. ~~Ph witA and abid~ b~r ~ad~ and ~very tM sNp~l+tions, +~nemanh. conditioos. and aown~nts of s+id promiisory rwq aed rha
morty~p~ anY a ~irlwr, ar?d said cost~„ d~up~s +nd ~xperKts, ~ad~ u~d ~very, slwll b~ imn~dat~ly dw and piy~bbt wF»rhe? a no~ HMr~ b~ notid d?
m~nd, att~mpt b oolled o? wit p~+~w+pt ~nd tl+e (~+11 ~mowK of ~sch +nd w~r1r wd~ Wy^K^t sMll bsa? interest han tM d~t~ thtraof until paid at tFw
rate of nin~ p~? c~ntum pK uwwee~; and ~II said cdsri, d~apes and esoenssa incurred a Wid. rogetha with wch interat, ~MII M sacured by tM IiM of thb
motlD+p~. •
0. That W in th~ ~wnt of any breach of this M«ps~ or defauh on th~ part of th~ MORTGAGOR, w(b) in tM ~vent a~y of uid wms of nwnt~?
hK~in r~hn~d ro bt not promptly and fuly paid within thirty (30) d~y~ rrxt ~fte~ tM sarns s~verally become dut aed p+yaW~. without dem~nd a notia,`
or W in tM ~wnt ~ach u~d ~wry tM stiputations. +9+~u^~^n. eonditia?s snd oovee~snn of w7d p.omisswy not~ and this mw~9+p~ +nY a ~itl~er a~~ twl ~
iuty. p~ompty and fully puforre~d, discMryed. ~x~cvt~d, ~fficted, aomp4t~d, oomplied with ~nd ~bided by. thsn in either ot any iuch ~wnt th~ s~id aQ~
prq,~b sum mantiorwd tn safd promis~wy nob the~ ~nafninp vnP+id, wiM inte~at ~cuwd. and ~II montys sstvr~d Mt~by, sMii b~cam~ dw and Wl~'
•bt~ fathwi~h, or tMrtaftar, at tM option of said MORTGAGEE, ss fully and compl~t~ly as if all of ttw s+id wma of mor»y wen uipin~lly stipulated
ro b~ paid on wch day, ~nytNnp in wid promis:ory nae or in this Mwty+g~ ro the cont~ary notwitMtu+dinp: snd tMrwpon or ther~ah~r tM optia+ of
•aid MORTGAGEE, witMw notia or dsm+nd. wir at law w in pvity. the~tfon or M~ers~her baywb m~y be prosecvted ~s if all moneys kcur~d 1?K~by
hed m.n,red prar ro~n instin,rion.
7, That h th~ ~wnt th+t at the be9innirg of or at any time pMdirg ~oy wit opon this Mortyape, or to faeclos~ H, a to ntorm it, o~ to Mfora
payment of any daims herew~, s+1d N1pRTGAGEE sh~ll apply ro the Court I+~vinp jurisdktion thereof fw the appomtm~nt of • Receiva, such Couit shali
FortMvith ~ppoint s raceiver of said mwtpaped property s~l and sir~ular, includ~ny sll and singutar the inc+om~, profits iswes and rwen~ss from wMt~va
sa,?o~ deri+ed, ~ach and ~very of wh~cA, it b~inp expressly w~d~~stood, is hercby mo.tga9ed a~ if sp~cifA'ally wt fo?th and dewibed in th~ pr~nrirq and
habendun+ dau~es herwf. a+d such Reaiver sh~ll have ~II tlw broad an~ eHective functans end powen in ~eywise entnnted by a Coun to a Reuiver, and
•uch sppointmei?t thall be nWde by wch Coun a an admitted equity and s m+»er of abaolute riyht ro aid MORTGAGEE, ~nd without rtferanc~ to tl+~
•deq~~cy a irwd~qwcy of tM wlw of the prbperty mort9~ed w to the swv~ncy or insolve~xy of wid MORTGAGOR w ths defsnd+nts, and that such
rents, profifs, incane, issws aad rwenws sh+ll be ~pplied by wd~ Receiver sccordiny to the lien or ~quity of s~id MORTGAGEE and the practic~ of wch
Cowt.
S. To ~+ly. p?ariptty and fvlly perfwm, d'acMrye, execute. eHect, oomplete, tomply with ~nd abid~ by ~ad~ and wery ths atipulatiora preemants,
conditiom and ooveo.~n in s+id p.anissory nw• and rha mortgs~e set farh.
9. ?FNt ths went the. ownership of tM mortyaped premises, or arry part thereof, becomes vested in a penon other than the MORTGAGOR, tM
M~RTGAGEE, its wcce~sors and issgns. m+y, wHha+1 no~ice to the MORTGAOR, deal wifh such successor or suaessor in intcrest with reference to tha
~ mortyap~ ud the debt hereby sacund in tM same manner ~s with Mbrtgagor witFwW in a+y way viti~tirq or disch+rginy the Mortysgors' liability MrN :
under or upon tM debt hereby secwed. No sale of the premises hereby matgaged +nd no forbearance on tM pan of tF~ MORiGAGEE or its successon ;
a~ui~+s u~d no extension of the Y~me for tlx payment of the aebt hsreby secured ~ivan by the AhORTGAGEE w in sucoesson w ass~ns, shall operat~
ro nlease, disd+uyt rnalif~r ch+rge or affect the original liability of the MORTGAGOR herein, sither in wFwl~ w in p~rt. ~
10. h b specifically agresd that time is of tl+e euence of fhis conn~ct and th~t ~o w~iver of u~y obligatan herew~der or of ths oblgation sa- i
cvred Mnby sh+ll ~t any time there+fier be held to be a w~iver of the terms hereof o~ of the irutrumeM aecured herby. t
11. In sddition ro the forego:ng ma,rhH Parme~,n of ~~~+c:~~ and inte?cst required by ~he p?omissory nore secured hereby, mortgsgor eovenants
and aprees to pay b ~arp~gee with each monthly payment an ~ddir'qnal sum estimated by mortyagee to be equal to 1/)2 of ths annw) cost of the follow-
ing:
A-All real property taxes kvied or sssessed against the ~bove dexribed real estste.
B-Premiums on fire and wiadstofm knwanoe as herein reqi6red to be carried on the imp~ovamenb sitwte on the above described premises.
C-Premiwns on wch mwtga9e gwranty inwrsnce as mortgagee thsU from time to time deem fit to urry on the ban secured hereby.
Nbrtg+ges shall from time ro time notify mortgagor in writing of tM amoont due and paysbk hereunder md wch wm shall th~reup~.~ be dut ~rd
pay~ble on the due date of the next monthly payment ~nd each svccessiw month thereafter until mwtpayee shall notify mort9sgor of a chsnge in such
' amount. Such swns thall be applied by mortgspee row+rd the payment of real p?operry bxes, insursnte prem:ums, and mortga~e guaranty inwrance
t
F prertliums. ~
~ I WITNE55 ER t RT6AC,OR has hereunto set his hand and seal the day u~nf sfaesaid.
~ OR
~ In tht pr ofs ~
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STATE OF fLORIDA ~ ' .
Saint Lucie
courm oF .
e.f«. m. p...oo.iy r~.a.rd Donald S• JaCOYSOIl •:i~ . S i i:
i,T,,, •t, «~d
Marilee ~ . J~ucobson w;r~, ro ~ ~n k - s ~~e ~i~
H,. u~d'n,idwb davibd in .nd wfio .xecutea t ~stru~nt~ aclu,owkdped befo.e me th.t rh.~, ac«ur
ther~in ~xprosMd. Md DO ' • ~~fi~,~ ~ JaC~SOII ~ ~ ~
wife of tM wid upE~ • '+~i +It!d P~+~
examinaYan by em take~ ~ep+wt~ u?d apart fram her said hwband, ackrwwledped to and befw~ m~ thst shs executed said, il~str~os~fis~lp and..irq`lute
rarily and witho~t a~qr compulsion, constraint, appreF~an,q fear of w from her aaid husband. : v
~ wRNess m,~ ~,.na u+a off-~ci.~ fF~~ 3o`T/~' d,p of M , •
A i?:,A•:,~g`.`._-
` <<4~~` _
~ ` :
Notary Public in and f Stafe .~~p~~•~`
R~turw To: - My Corrumssan ~xpres. -
wst kdera~ sari~s a~os~ Assou.ra„ _ . MOTApY PUBLIC, iTATE Op FLORI~A AT LbQE ,
of F«~ PK.~. FILEO AND RECORDEOl ioN~
SONp1~ Fj
PipE ~~p taTSLMOR~O[
F«+ vK.~, F~.~a+ ST. LUCIE COUNTY. FLA:` . .
P~ cc~r
~ 16581Q ~ ;
'68 APR 3 AN 10 : I~ ~ .
Thls insfivment prepared by ~
first federal Sav. & loan Assn.
of Fort Pierce ~'v _ r.?. ~=OtTR~S
. CLERK CIRCUtT COURT , s
gy 1. Ce l~n~ - ck
~ ~j~
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t~,~
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f Y ` _ . _ _ 'i~~id
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