HomeMy WebLinkAbout1902 , . ~i ~ ~ )
To plac~ and conttnvovsly kt~p on tFr buildirga now a Mresft~r u?wt~ oe u~d tand u+d on all equiprn~~t a~d pKSOnatFy covK~d by tAt~ n+wp~
p~, with ali p~m1w~ thtrwn p~id i~ fuli, fin insuranu in tF~ ~~wl sundard policy form, jn a sw» ~pprowd by tM MORTG/1GEE, ae~d wind~torrn
traw~na M tM uswl sundard policy fam, in ~ wm ~pprowd b; tM MORiGAGEE: in wch comp~ny w comp+nia a tM MORTGAf3E! nuy
d~nct~ ~nd sll ik~ and wincb~oren baur~~ pol;c;n cn ~ny of s~id build~nps. ~ny i~M~al th~r~in w pwf thawf, in th~ yqre9a~~ wm afwe~ald or
M~xo~s~ tMnof, ~hall oontain tAe uwal standard mat9s~ dause w svch othe~ rlaus~ ~s tM Morrpaye~ maY nqvin. m~kGq tM bu ~ndK aid po1F
cia, ~ach ~nd ~ve?y, p+yabb a i+id MORTGAGEE ~s ib IntKat may ~pp~ar, and cach and ~wry avch po~ky sMll bs pranptly sss:yned ~nd d~livKed ro
•ny Iwld by s~id MORTGAGEE a tunhN s~curity ro s+id mortpap~ deW. and, nW I~u tMn t~n (10) d+ys tn ~dv+na of ~M ~xpir~tion of exh policy, ro dr
livu to ~+id MORiGAGEE • r~w~l tMr~of, wp~thu with • rateipt for ths prsmivm of such r~newal= ~nd ther~ ihall be no fin w winds~o.m inwrurc~
pl~pd on any of ~aid buildinp~, ~ny tn~erest tMr~in or p~.t tMnof, unkss ~n th~ form and with tFw loss p+y+ble u afore~+id~ and 4+ th~ ~wnt any ~wn
of moewy bcom~~ p+y+bl~ ~ndK wch poUcy a policies ~+~d MORIGAGEE ilull h~w tM opt~on ro receiw and apply ~M sam~ a. ~ocoun~ 01 tM i~btw
n.~s acw.d ha.br a• a p.rm~~ s+id MORTGAGORS ro reuiv aod us. t~ a any part ~hereot to? othe~ purposes. wt~hout thereb~ wa:.;~ w eR+pair
teq any puiry. li~n o~ r'qht undt~ o~ by virtw of this mortpapej ~nd in tlw tve~t taid MORTG~~'~ORS s!?all iw sny ~~ason faU to ketp tM said pn+nises so
intvred, or fdt 1o dtlivK promptly any of said polici~s of insunnts to s+id MORTGAGEE, w fait promptly to pay fuity awy prtmium therefp a M any ~
nspM (ail 1o pK(ocen, disch+rpe, execvts, ~ff~c1, compl~t~, compy with ~r?d abid~ by this corenant, w ~ny part hawf, pid MORTGAGEE may plac~ and
paY fw wch Mswanc~ or ~nr p~rt tMrtof w~tAout w~lvinp or ~ff~ctinp anr option. li~n, puity. a riyht undK a by virtw of this Mort9~pe. and tAt ;
fuil amovnt of ~ach and twry wch paYmem ~hail b~ im~n~diaMly dw and p~yabl~ ~nd shall b~s? intera~ from tiw d~t~ tl?~reoi uotil p~id a~ th~ rat~ of j
nir» pN pntwn pK ae~rwm +nd topetlwr with ~ucA interest shall be secvred by th~ IiM of this mortyape. i
To p~rmit, carwr~it or wff~r no w~st~, Mnp~vrrwnt ar detaaration of s~id properry or u+y put th~reof. ±
S. To p~y all and sapulu ti~e.costs, char~~s ~nd expenses, irKludirg a reasonable sttwney'a fe~ and coib of sbsnacls oi titl~, iecuned w p+id ~t
any time by said MORTGAGEE, bwus~ or in the ~vero of the i~iture on th~ psn of the said MORTGAGOR to duly, promptly and ~vlly pe.form, d'achar9R ,
execvt~. eff~ct. compleq, comply with and ~bide by ~sch •nd every rhs s~ip~lat~ons, ayreemenn, cond~~io~u, and oown•nn of s+M p.omissory no~e and iFw
erwnyap~ aM? or ~iths~. and said cosq, ch~rq~s and ~xpsnses. ~ach and ~vay, ihall b~ immedistely due ~nd payabl~: whether w not th~rt l» eatice da
mand, smmpt w coltect w wit pN+din~: and tM fvll arnount of ssch ard w+~y uxh paYmMt ah:ll b~a? interest fran tF» dat~ thereof until p~id at the
~are of nin~ p~r cenn+m per annu,~; u+d all said odsts, thuyes and expenses intwred or paid, topetM? with soch intereat, shall b~ ua?red by tl» li~n of Nw
~+W
e. That j~ in tM ~vent of ~ny b~each of this Mortyap~ w def~ult on t!r part of the MORTGAGOR, or (b) tn th~ event any of uid wms of mon~y
he~ein nferr~d to b~ not promptly snd fvlly p~id within thirty (30) days next after the same se.erally become dw +nd payabb, without demand w natice.
o~ (cj in tM ~vMt each and ~very tM stipulations, agreemenn, caiditions +nd covensnn of sa~d ~..omissory note and th~s maty~e ~ny or ei~her an no1 !
ivty. promptly and tully performad, d~schar~ed. ~xecuted, effected. completed, compl~ed with and abided by. tMn in eithe? a any tuch ~wnt tl+~ s~id eg
prt~M wm mx+tia»d in ssid promissory nob then r~mainirg unpaid, wifh inttrest acuued, ~nd all ma~eys secured hereby. shdl becan~ dw and p~p
abl~ forthwitly or thereaher, at 1M opt;on of :aid MORTGAGEE, ~s fvlly ~nd compktely as i( all of the said wms of money wcre pipinally ~tipulated
to be pa~d on wch day, anything in said prom~:sory note w in this Mwtysge ro the contrary notwitMqnd~ng; snd thereupon w thereaher at the option of
said MORTGAGEE, without notic~ w demand, suit at lavir w in puiy, therc(oro a thereafier be9wi, may be prosecuted u if all mo~ys secvr~d har~by
had matur~d prior to iri instittrtion.
7. That in tM went that st the beginnirg of or ~f any time pending ~oy wit upon tha !Nortg~gt, a w fweclos~ H, or to refam it, o~ to enfora
payment of ae~r daima he~e~nder, s+id MORTGAGEE shall spply to the Covr1 hsving jurisdidron thereof fw ths ~ppomtmeet of a Retciver, wch Court shall
FwtFiwith ~ppoint ~ receivs? of said mortgsged p?operfy all and sN+pvlar, includu~g all and sin~ulu the income, pofin, issues and revcr?ues from whatever
wuru derived, esch ~nd every of wli~ch, it being expresaly understood. is hereby mwrgaged u if specifically set forth and deuribed in the yr~ntug and
hsberKlum clauses Fweof, u~d iuch Reuive? shall h~ve sll tl+e brod ~nd cffecrive functwns and powers in anywise entnnted by a CouH to a Receiver, ~nd
such appointm~nt shaU be made by wch Gowt u an admitted equity and ~ matter of sbsolute riyM to ssid MORTGAGEE, ~nd withoW reference ro tM
adeqvacy a ie~sdequ~cy of th~ vslue of the p~aperty mortga9ed w to the soNency a insolvency of s~id MORTCaAGOR w the defendann, and that such
rents, profin, incane, issues and revem~es shsll be i~lilfl by iYCII RKlivN accordirg to the lien or puity of said MORTGAGEE and the practict of wcl~
Cuxt.
S. To duly, promptly and fully pe?fwm, dixharge, execvte, effect, complete, comply with and sbide by each ~nd every the stipulaP~ons, apreeme~ts,
cond'A'wns and covenants in said p~omissory note and this mortgsge set forth.
9. That in the event the ow~ership of tl+e mortg+ged premises, or ~ny part thereof, becomes vested in a perwn other than the MORTGAGOR, tl+~
MORTGAGEE, ita wccessors snd sssigns, may, without ratice to ths MORTGAOR, deal with such successor or wcceuor in iMerest with reference to this
mort9aye and the deb~ hereby secured in the same marvxr as with Mortgagor withoW in any way vitiatinp or dischar9irg the Mortgagors' liability herr
unde~ or upon the debt hereby secvred. No sale of the premixs hereby mortgaged ~nd no fabsar~nce on tM pan of the MORTGAGEE w in successon
w suigra ~nd no extension of the time for the p~yment of the debt he.eby secured given by ths MORTGAGEE w its successors or auiyro, sh+ll operab
ro relsase, dischar~e, modi(y change w sffect the orginal liability of th~ MORTGAGOR herein, either in~wFwle w in pan.
10. It If fPlCifKiIIY ~I!@d that time is of the cssence of thw contnct and th~t no waivK o~ ~ny obtipatio~ herevnder or of ths obliy~tion se-
cured Mrsby ~hatl +t any time the?cafier be held ro be s waiver q~ the terms hereof a of the instrument secv~ed herby.
1 ~ • nants
ar.d ayrees to ee with e+ch monthly payment an ~dd~rional sum estimated by mortgagee to be eqwl to 1/12 ~ua cost of the folbw-
ing:
A-All real property taxes kvied a assessed aga~. e described real .
B-Premiums on fire and windstorm inwrance as herein r the improvements situate on the above desaibed premites.
C-Premiums on s4ch mortgsge gvus e as matgagee shsll #rom rime to time ' to urry on the ban secured hereby.
Mwtgsgee shall fr t~me notify mortgagor in writ~rg of the amount due and payabk hereunder shall thereupon be due and
payibk afe of the next monthly payment and exh successive month +hereafter until mortgagee shall notify mortgag in such
a . ,
urance
prtmiw~q.
IN WITNESS YVHEREOf, the said MORTGAGOR Fw hereunto set his hand snd seal the day ~nd year fnt ~foresaid.
Sipn~d„ dellwr~ in ths of! ~Z~/~ I~a
~ ' ~
i
i \ ~ ~ ~ 0
4 ~
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~ STATE OF FLORIOA ~
~ courm oF Saint Lucie
~ e.f«~ ~..so~,.uy . ,~.a Ward L. Jacobs
~ Ethel .TdCObS ha wife, to me well known and krawn to me to be
~ rM indivldu~b dacrib~d in u~d wFw ~xscu~ed tM fw~yang instr~ment, ~nd acknowled9ed before me that tMy executed the wme fw the pwposa
t rhe.ein .xpr.~wd. A„d rh. u~d- Ethel ~f. JaCObs
~ W~f~ Ward I.. Jacobs ~pp~ ~~rat~ ~nd privab
~ e,uminaYwn bp mt taken separate snd ~part from her s~id hvsband, xkrawledged ro~nd before rm that she executed said instrvmsM fretlr snd volui?
j r~rily and withoul uqr compulsion, constraint, appreMns'"°~ ~har of w from her aid •
~ WITNESS my hsnd snd offici~l ttal t1+~. ~ aZ 7(J~"~ day of A. D. 19 bS
~ Notary Public in ~nd (or the St~t~ of florid~ at lar~
~ FILEO ANO RECORDEd~ - Z V a~
€ R.n„~ To:
~ Fra f.d«s~ sa~~~,~s a ~w~ ~a~oc~n,«+ ST. LUClE COUNTY. FLA: A NOTANY ~OBLIG. iTAiE OF F~uG1~A AT LYi~i
of Fo.~ a,~rc~. RECORD V~RlF~ED \ MYCOMMt5510N UcPIRE5 NOV. Za. 1471
~ iwt P~e:ce. Ftw~da iOMD[D ~nwuu~ti ~wa.o ~r. o.asTS~rowa {
~ ~8 APR 30 AMI I t: 31 s;:;;~ ~ ~
~ 16s~66
; This instrument prepared br ` • ~t ~
~ First Federal Sav. b Loan Assn. ~?O~ER i 01TR~S Jy ~
= ot Fort Pietce CI.ERK CIRCUIT COURT a~ 1`
~ By _____Q,~ Chastain . =j C -
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~ `-'~r~T~44'~`v
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