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Home My WebLink About1537 ` _ • . ~ + ' ~ ~ ~ . ' To plaa and contGwoush? ke~P a+ th~ buildirp~ now a Mr~aha ~itua» on said land aed on ~II eqvi~+ent aod penoe~lly covK~d by this mat¢ p~, with ~II pemwe~7s th++wn Mid in fu14 i'~n ir?~ur~nc~ in tM uwal iundard policy form, ~n ~ sw+n approwd by ~MORT~GF~RTGAGE~ ~ irner~np in tM usual atae?dud pol~ey fam, in ~ sw~+ approved by rM MORTGAGEE, in weh comP+~Y a~^P+ ~ dincti u~d sll fk~ u?d windswrm Eniwana Policies oa any of s+id buildinps, ~ny i~t~st th~nin w put tMnof, in th~ pq.pH~ ~wn ~foraaid or {n u~pss ~1~wf, sMll contain tM ~nwl atandud mort~~ claus~ w tvch WhN ct~us~ u tM Mo?t9+~ i*+Y n~luir~. e^+ki^O tM loss ~ndN ~aid pdF tiM, sath ~nd ~vKy. p~Y+bk b saW MORTGAGEE ~s in {ntKeq may ~pplar. ~+d Nth and ~very aucA Polity shall b~ pranptly au:9ned u~d dtliwt~d to .nr MW by w~d rrWrtiG~?GEE •s fw~Mr sscur~fy ro a~d morro+p. d.br. ~nd. not 1~ss thae t~n (1Q) d~ys in ~dv+rw~ of tM ~xpuatan of wch policl?. to dr liwr ro aid MORTGAGEE a rMewal tMnof, top~~Fwr with a receipt for tM pren+ivn+ of svd? ~~newalj u~d tF~ ~hsll b~ ro fir~ a wind~~am inswu~tt plao~d on u+y of ak! buildnp~. ~ny intenst tMr~in or put tl+K~of. unless in tM iomi'+nd with ?M loss p+Y+bl~ +s ~faewidj aed io tM ~wet anr twn of mary becam~ paYabl~ under such po1k1? or Policks said MORTGAGEE sk+ll Mw tM opt3oe? to nceive ~nd ~pply th~ s~m~ on ~coount o~ tM ind~bted~ Mp ~yr~d ht~tb~ q q p~imit said MORTGAGORS ro rsc~iw and us~ if p~ny puf the~eof fp othc~ {wrpose~, wilhout thxeb~ w~ivi~q O~ unpai?- ~np +~Y pu~fY. ti~n or ~ipht vnde? w by vktv~ of thts mort9sp~j and in tM ~va+t said MORTGAGORS sh+ll fa +nY nawn fai) M ka~p tM said pnmis~s so irovred, or f~il to d~liv~r promptly any oi said polici~s of insunncs ro s~id MORTGAGEE, or fail promptly M paY fullY any pranium ther~fa or 3n ~+r ~p~ct fail b p~rFonn, dixhsrye. execuq. ~ffect, con?pl~t~. cornply with ~nd ~b~ee by this cow~+nt. a a~y put her~of, said MORTGAGEE ~nay plsce and p~Y for wd~ iMw~y or ~rhr pKt tM~eof without walvinp a sff~ctinp any option, IiN+. ~qwh?. w ripht undK a by vi?tw of Ihis Matp~, and tM fvll amount of sad~ and ewry suc1~ p+vm~nt sF~+ll b~ ie~^~d'uaM dw +"d p'y'bl~ u~d +1'all beu intenst f.an th~ dss~ i~.~. ~af until p~id a~ tM rat~ ol { ~;n~ p~? o~ntue? pK annwn u~d toye~hK wirh ~uch intsrest tMtl bs sec~nd by th~ lian of this maqayw I To p~mit. ao~m++it a wffa no wast~. MaWirmeot w deterior~tion of s~ld propaty w~y put thenof. S. To pay all snd ~inpular tlw.cotts, tharpas and exP~r?ses. inclvdinp a reaion+ble sttwMy's fe~ snd cosri of ~bshacts of titl~. irKVn~d or p~id a~ any time bp said MORTGAGEE, Mc~v~! or in tM wtnt of 1M failure on the p+rt of the s~id MORTGAGOR w duly, p?omptl~r and fvlly perfam, d~scharg~ ~xav». effed. complet~, aomply wirh snd abid~ by ssch sad evcry rhe sY~pula~ions, ~pr~ernents, oonditioos, and ooven~nn of said promiswry nore and ~hi~ nwrtyqe +nY w Htl+er, and said cosn. cMrq~s and expernes, each and every. sMll b~ imenedi~tely dw and pay~ble: wheth~r a rwt the~e b~ oorici d~ m~d, attemp~ ro ooll~ct or wit p.edrg: +nd tM fi+ll x~,nt of each and wery wch p+Ym~m sA+tl bw interttt from tl?~ dat~ thereof unril patd u rhe rsro of nins per esntwn pK annum; ~+d ~II said aSsts, chu~es snd expeases incurred w paid. top~ther with wch intaest, shall M a~twed by tM li~n of Nw ~ e, TMt ja) in th~ ewnt of sny breach of this Morty+p~ o? dtfa~lt on th~ part of Mw MORTGAGOR, a(b) in the rvem ~ny of s+~d ~um~ of morKy ~D+~ ~ Mnin r~f~rrd to be not prompny and fvlly paid within th~rty (30) days next afte? the sarr~e severally become dw and payaW~. without d~ma~d w notict. or W in ths ~wr~t each and wery tl?~ stipulations, aprsaments, condifions and cown+nn of said promi:sory note s~d tliu moripay~ any w ~itF+K an no1 ~uly. promptlp and fully perform~d, dlxharped, sxecutad, ~ffected, compkted, complied with and sb~ded by, then in eith~r w ~ny such wsnt tlr said a~ prp~t~ sum m~ntan~d In said promasory not~ then remaininp unp~id, with intertst acuued, and all moneys s~cur~d her~by. sMll becane dw ~nd p~y~ ~ •bl~ forthwi~h, Of tF1QtNf1N~ ~t t!r option of s+id MORiGAGEE, ~s fully snd canpietely as if all of the said sums of mon~y we~e wipirulty sNpul~ted to bs p~;d on wcA day, anything ir. seK! promiuory note or in this Morty~ge to the contrary notw7thst~ndi~+g; and therevpon a thereafter ~t tM op~ion of said MORTGAGEE, witho~rt IWfit~ w damand. wit at Iswr or in equ~ty, therefwe or there~her beyun, may be prosecuted u if ~ll makys secund Mreby h~d m~tyr~d prwr to in institution. 7, Th~t in tM event that ~t the beginnir+g of or at ~ny time pending soy suit ~pon this AAortgage, w M foreclose it, w,1o ?eform_ it, w to enforu ~ p~yment of sny cl~ims hereunder. s+id MORTGAGEE sMll apply to the Court having jur~sdrc~ion thcreof iw the appo~ntment of ~ Rece~ver. wch Court shaU ~ fortFiwith ~ppoint a receiver of said mwtgaged prope?ty +~I a~ieg~lu, includ~ng all and sir?gvlar the income, profits, iuues and ~evenues from wharover towp derived, each and every of which, it beinp expressly_y~iders~ood, is hereby mortgaged u if specifically set fw~h and desuibed in tht pr~ntinp and h~bendum davses I+ereof, ~nd such Receiver shall have slt the b~oad and effective funct~ons and powers in anywise entru~ted by a Cw?rt to a Receiver, and such appointmem shall be made by wch Covrt u ~n admitted equity and a m~tte? of absolute rght ro taid ~MORTGAGEE, and without reference ro tM ~dequxy a in~dequacy of the valw of the pbpaty mortgaged or to the sohency or iniolvency oi said MORTGAGOR w tM defendants, and that such r~nn, profits, incort+e, iuues and reve+wes sh+ll be ~pplicd by wch Receiva'accordin9 ~o the lien or eq~ity of said MORTGAGEE and the prsctic~ of wch Court. • ~ ~ 8. To duly. Promptly and ivlly p~rform. d~scFurye, execute, sffect, cpmpletc, comply with ~nd abide by each and ~vKy the stipvlatia?~ ~yreements, f conditions and coven~nts in said promi~sory note snd this mortgage set fwth. . ~ ~ 9. That in tM event the ownership of tM mortgsyed premises. w any part thereof, becoma vested in a perso~ other tlun the MORTGAGOR, the 1NORTGACsEE, +b tucceuas and ~uigns, may, without notice to the MORTGAOR, deal with such wccesfor or svccessw in interes~ with re(e~~~ce ro this mortpaQ~ ~nd the debl hereby secvred in the same mamer as with Mortgaqw w~thovt in any way vitiati~g a d~scharg~ng the Mortgagors' li~bility here- w~der w upon tl+e deb~ hereby secured. No sale of the premises hercby mortgaged ~nd no fo~bearance on the pan of the MORTGAGEE or in successon w auigro ind :+o exrension of rhe fime for the p~ymeM of the deb~ hereby secured yive~ by ths MORTGAGEE w in sucussors or aui~ro, shall oper+q 1o releaat, dixhar9e, modify chargs or affect the wiginal liability of the MORTGAGOR hersir4 either in wtale a in p~rt. 1p. It is specNically agreed that time is of the esxnce of this contract ~nd thst no waivet of sny obl'gatan herevn~kr or of the obliy+tion sa wred Iwsbr sM1I at ~ny tim~ ther~aft~r b~ held to be ~ waiver of the terms Mrwf or of the instrv~nent secured herby. ' I1. 1~ addaion to the faego:ng monthly payments of print"pDl and interest required by the promissory note securtd hereby, mortgagor tovenanri l ; and agrees to pay to mortgagee with esch monthly payment an sdd~rion~l sum estimated by mortgagee to be eqwl to 1/12 of the annual cost of the follow- iny: • A-All real prope?y taxes kvied or assessed against the above destribed resl estste. B-Premiums on fire and windstam insurance as herein requued ta be carried on the ~mp?ovements ~~tuate on the above described prcmiaes. C-Premiums o~ such mortgsge gwr~nty insurance ss mortgagee shall from time to time deem fit to urry on the loa~ secured hereby. Mwtg+gae shall from time to t~me ~o?ify mortgago? in writing of the amount due and psy~ble hereu~der ~nd such sum shall thereupon be due and = pay+bl~ p+ the due date of the next monthly payment and exh successive month thereafter until mo~tgsge! shall notify mortgsgor of a chsnge in such ~ amount. Such sums shall be applied by mwtpagee towsrd the payment of real property tsaes, insurance prem:wns, and mwtgsye gwranty inwranc~ j a«++~w,a. IN WITNESS WMEREOF, tt~e ssid MORTGAGOR Ms he~eunto sN his hand u+d x+l the day snd ye t aforesa' Spewd, S~a{~d and delivaed in th~ p?~e of: 4 n ~ STATE OF FLORIDA ~ ; COlJN7Y Of St• I.UC1@ ~ , ~ r„~ ~~,p„~~y Donald S. Jacobson ( Marilee I. Jaeobson his wife, to me well known and knawn ~~~'N,b~ Hr k~diridwb described in and who ~aecured the fwc9oinp instrwr»nt, and adcnowiedQed before me that tMy exearted th~-'i~+~ ,forM~ pi+r .poiY} Marilee I. Jacobson i;.r.s.~ • , ~ ~»..n .~.....d. w~d ri,. s~d _ ~ ~ ~ ~ - : ,~r. a e~. Md Donald B. .~acobson ~„k ; - ~awni+wtan by m~ uksn Kpuatt and apart from her stid husband. ~dcrawladped ro~nd befon er» that sM sx~ted s~idlrut tijNl~~vof~~ =.sr iw~lp and without ~ryr car~pulsan, constraint, appreM~s~on ~ fex of or from s~id husband • Ft" WITNESS my h~nd and official N~I fMi1 ~i ~ ~y pf A t~l ~7~dp~ ~ ~ ~ : ' i Notary PuWic in and fw StaM id~vi:larps My ~A~IifiOR tIIpMft; • ' . ' ' . R~wrn'ia. M~IRiY s"•::;;:1.".. =TATE QF F?.:R::.A At LARSE Wat F~d~ral Savinqs i toan Assou~tan ' MY COI/::.i~SiON FXPiF:$ 5:~ 14, 1970 ~ Ol Fort P~erce. ~!wC4 IMlw+4N ~~e~ r. o~este~no~~c ~ ?K.~.. F?«~. FILEO ANO aECORDEO~ - ST. LUCIE COUNTY. FLA. F~.~'~r^ :'E~IFlFD This instrument prepared by 16638~3 . First Federal Sav. b l~an Assn. +~8 ~ ZZ ~ ~ ~ 9 of Fort P' . Lll ~ _'~~e~~~.~~ - NOuf:R :~pITR:.~ ~ CIERK CIRCUIT COURT ~ so~~171 F4GF1535 ' ! i i ~ Y ' d+ _ _ . ~ 4~,. ~3. _ G't ~a. n-r.~~ ~ ~ ~ ;M1 _ K ~ .