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Home My WebLink About0416 ~ , ~ , . S. To pl+u snd continuo~sly kNp on tM buildinps now a iweahK ~itwt~ on s+W I~d uid on sli eqvi~,n?~nt a~+d p~?wnally covK~d by thii morfp~ ~p~. with all pr~miu~a tl~~on p+K7 in fv11, fir~ insuru?c~ tn th~ uswl st+ndard policy iam, ~n ~ sum spprowd by th~ MORTGAGEE. ~nd wi~twm Inswana tn th~ usu+l sundard poi~cy f«m. in a wen ~pprov~d by ~M MORTGAGEE, in such canpany or canWnies a Hr MORiGAGEE may dtnct~ and ~II fin and win~barm ir?swana polkis~ on u+y of aid build~nps, u~y inh.K~ th~nin a part ~Mrwf, ln th~ +p~~9+a swn ~fa~saW a M~xass tMr~of, aMll aontain ttk uwal ~t~ndud mortp+pN clws~ a such o~hN d~vs~ a tM AAat~+~ nwy rpv~n. +M4,Mg N» Iws under s+id pol} ci~s, t~ch ~nd ~...t. p+Ya~ ~ i+~ MORTGAGEE as iM inttrest may app~u. and e~ch and ~wry ~vcA polky ~MII M pranpty ~ss:~n~d ~e+d d~tiver~d to sny hstd by ~aid MORTGAGEE a fwthu security ro aid mat9~ dsbt, snd. not less th~n Mn (10) days in ~dv~nc~ of tM ~xpu~tion of Nch policy, to d? liwr ~o said MORTWIGEE a n~wal tMrwf, top~ther with • roc~ipt for tM p.~miw+~ of wch ra+~wdj and tF~ sF?dl b~ no fir~ or windita~n inwrae+u placd on ~ny of ~id buildinps. any fnte.at tMrein a p+n tMrwf, uebss tn tM fo.ni ~nd wi~h tM bu paY+bl~ u afores~id: aed in tM ~wnt any sum of momy becomas paYabl~ w~da wd+ pop~Y or Polici~s wid MORTWIGEE sMll h~w tM optioa to ~~iw and ~pp1y tM s~n~ on accouM o1 tM lndtbted- rwu ~ecynd Mnby w ro pKmit said MORTGAGORS ro teteiw and us~ it a any part thereof fa other purpos~s. without thereb/ waiving or impair- ieq snY pvity. liw~ a riphl u~ w by v4tu~ of this mortp+p~s a~d in t}w ~vent said MORTGAGORS sl»II fa sny nawn feil M kNp tM said pnenisss a Iruwed, w bt) w d~liver promptly any of said policies of inw»not ro s+id MORTGAGEE. or fsil promplly fo p~y fully ~ny pranium thsrefw w M ~nY r~~p~tf f~il b pafotnl, d~acF~aqe. tx~tutt, ~fhtt, tompMM, aomply with ~nd abid~ by Nus cov~~+++t, a any p~rt l+er~of, ~id MORTGAGEE may pl~ ~nd WY fa wch krvrant~ a any part tMreof without wslvinp o~ ~ff~ctinp ~^Y eWiab ~Mn. puitY. a riph~ t?nd~r w by vi~tw of this Mort~ape. aed the full anaunt of ~ad~ +~d ewry wd~ p+yn~n sh~ll b~ i~+vmdi+t~iY dw +nd Wyabl~ +^d sh+ll bssr intKa~ fran tM dat~ tMr~of until p~id M tM ~at~ oi nin~ p~r uawm pa amwn and topethe~ with wcA interat sh~ll be secvrod by tM lisn of this mat9~. 4. To pKmit, oom+st or wff~r no wast~, lmpai?meat ar detKiowtwn of said prop~+ty ar +~y p~rt tl~ereof• S. To p~y all and sinp~lar the tnsts, ch+rpes +nd ~xPenses includirg a reasauble ~ttuoey's f~e snd cwts of ~bstrKri of title, innrned w pald ~t any tim~ b~r said MORTCaAGEE. b~c~us~ ar in the ewnt of the fsil~ro on the paA of tM Nid MORTGAGOR to duly, promptly and fvlly pKfwm, dixMrgR execvt~. ~ffaq. aompl~t~. oomply with end abidt bp each and every tM ~tipulsYwns, apresments, tonditions„ and ooverann of said pranis~ory no» +nd rhw mwr~ any o~ ~itt~. ~+d sa~d costs. char9~s sad expens~s. ~ach ar?d ~very, shall b~ immediitely dw ~nd pav+bk: whe~Ma a not tMr~ b~ notici ds m~nd, ~tt~mpt to collect ar wit p~nd~rg: and tM fvll ~nount of sach +nd werl? wch PaYme+?t ~h+ll bear interest from the d~ts thereof ~ntil p~id ai t~~ir raee of nin~ p~r oe~~wn pa ~nnwn; +nd alt s~id cdsrs, chuges ~nd expa+sas incvrred or p+id. togai?~r with svch intrest, shall b~ a~cvred by th~ lien of this rnort~D~• 0, 1Mt In tM event of any breach of this Mortpsp~ w defwM o~ Nr psrt of ths MORTGAGOR, or (b) in the evem u+y of sa~d sums of mooey heretn nh?r~d to b~ nw promptly sod fully paid within thirty (30) days next after the same severally become due and payabb. without d~mand a notrce, or in tM werlt sxh and w~ry th~ stip~lations, ~gr~ements, conditio~s a~d coverwnts of iaid promissory nots and th~s mortpape sny w~ither u~ no1 iuN. promptly and fuly perform~d, d~scharged, exsc~ted, efficted. compl~hd, compli~d with snd abided by. tMn in eith~r or sny such went tM taid ap pre~,at~ swn mentiomd in s~id promissorr not~ ihen remaininp unpaid, with interest accrued, end ~II moneys aecvred hereb~. sh~l1 b~can~ dw snd pay~ abl~ forthwith, or thereaher, a1 the option of said MORTGAGEE. a fulty ~nd canptetety ~s if all of the said wms of money were aipin~lly stiputstcd to F» paid on :ud+ day. anytNnp in said p?omiuory note or io this Mortgage to the contrary r?otwithstanding; a~+d the~eupo~+ a thereaha al the option of said MORTGAGEE, without notice or demsnd, svit at lawr w in equiy, therefore a tlxreafter beg~n, may be prosecuted u if all mo~eys ~ecvrad hereby nad matured prior ro in Instih,Go~. , - 7, T!»t ia th~ event that at the beginning of or ~t ~ny time pending soy wit upon this Mortgage, o~ to foredose it, w to roform it, w to enfwc~ payment of ~ny claims hereunder, ssid MORTGAGEE shall apply to the Court hsving jurisdiaion thereof for tl+e appo~ntment of a Receiver, such Covn sh+ll Fortliwith appoint ~ receiver ot said mortgsged property all ~nd sirg~lar, iaclud~np all and singul~r the income, p~ofin, issues and revenues f.om whataver wuru derived, each and ~vcry of wli~ch, it bei~p expressly unds+stood, is hereby mortgaged u if spec~fically set forth and dewibed in the ~ranting snd habendum clauses hereof, and such Receiver shall hsve sll tke brwd and eHective funct~wu and powe~s in snywise entrusted by ~ Court fo a Receiver, and :uch sppointment shall be msde by wch Covrt ss an ~dmitted eqvity snd s rn~tter of sbwtute riyM to said MORTGAGEE, ~nd without reference ro tlr • adequacy or in~dequ+cy of tM wlue of the property mo~tp~ged or to thc wnrency o? insolvency of said MORTGAGOR or the defendann, and that such rents, profin, income, iu~es aod revenues slull be applied by avch Receive? ~ccordiny to the lien a pviry of ssid MORTGAGEE and the practice of such Covrf. ' & To duly, promptly and fully perform, d'isthsrge, execute, effect, complete, comply with ~nd abide by each and every the stipi?lations, agreements, conditioes and coven+nn in ssid promissory note and this mortgsge set forth. 9. That in t!?~ w~e+t th~ owr?erslNp of the ~ortga~ed •p~wnisss, or any psrt 7he?eof, becades vested in s person other than the MORiGAGOR, th~ MORTGAGEE, in waessors and suiyns, msy, without notice to the MORTGAOR, dcal with such succeuor w suaessor in interest with reference to thu morty~pe ~nd the debl hereby secwed in the same mamer u with Mwtgaga without in any way vitiating a dischsrgiog the Mortyagors' liabiliry Mra under or upon M~e debt hs~eby secvied.' No a~le of the premises hereby mwtga9ed and no fwbearance on Ihe pan of the MORTGAGEE or its successon or auigro and nu. ~xt~osion of the t'~me for tl» payment of the debt lareby secvred piven , by 1M MORTGAGEE o? in successora or auigns, shall operat~ ro r~leas~, discMrpe; ~fy ch+npe a affect tlie wiginal liab~lity•of tF+e MORTGAGOR Mrein, either ie whok or in put. ~ 10. tt is sp~Nfiullr ayreed t}ut tims h of th~ euence of this contrad and thaf no waiver of ~any obltgation hereunder a of the obligsYan se- a:r~d Mreby sh~l{ at-aey ti~n~-tMrt+fia b~ Mld to be ~ w~i'vsi~oiVkr~~ henof=N-of-tir in»tum~r?t'ssn+i~dthpbri • 11. In addiYan to the forego:.g monthly psymee~~ of p?inc:p~l and interest nquired by the prom~ssory note secured hereby. mortgsgor covenants and yrees to psy to mortyagee with each~mottfil~n+ent an additionsl sum estima~ed by mwtgagee to be equal to 1/12 of the annual cost of tF~e follow- A-All real property taxes kvied o~ assesud against the above deuribed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be urried on the improvemenfs sitvate on the above desuibed premises. C-premivms on wch mortgsge gwranty insurar.ce as mortgsgee shall from time to time deem fit to carry on the loan secured hereby. Nlortyi~e~ sh~ll fran time to t~me notify mwtgagW in wr~t~ng of the amouM due ~nd payabk hereur+der and such wm shall thereupon be due ~nd peyabl~ on the due date of the next monthly paymeM and exh successive month thereafter urtil mwtgagee shall notify mortgsgw of a change in such j amount. Such sums ahall be applied by mwtgaQee toward the payrtronf of real property taxes, iruurante prem:ums, and mortgage guaranty inwr~nte i premiums. ~ IN WITNESS WHEREQf; the s~id MORTGAGOR has herevMp set his hand and seal the day yesr fint a~ ~ Sipe»d, S~abd sod delivs?ed in the presence of: ` • ~ ~ 4(/lniv`- aq s ~ s n STATE OF lr16R1 ~ ~ • ~2~ ~ COUNTY OF ~f~ ~ ~~,ih Carl L. Jackson ~SS1@ B~ Jaekson his wife, to me wefl known and known to me to b~ Nx M+~vidwls d~scribed in and who ~x~cuted tM forpoirg instrum~nt, ad acknowledped befwe me that tMy executed tl+e sams for tM p~rposes ~F,~,~~ ~ ~ ~;d Bessie B. Jackson ~ Cazl L. Jackson wir. oF rt» ..id upw~ . kv...re .nd p.:~.h ex«nination by me tak~e sepoat~ and apan from her sa+d husb~nd, x4rwwledyed ro~nd befor~ rn~ tMt ahe ~xecvt~d said instrum~nt freely and vdurr rerily and withovt arnr computsion, cw~straint, apprehension, or fex of w from hsr said husband. . WITNESS my Mnd and offic;al wsl thi~ d~y of ~ A. D- 19 ~ ~ s~~~t~ ~l_ D~-~cc~E~ _ ~ Not~ry Public in ~nd for tM St~» of Fbrid~.`~1 7wye ~ My Comm~asia? expir~s: ti~;;.`' - R*twn T~ ~ ~ or First F~r~l Sav~ i lo~n Attotiation " ~1Yi'i?TN Of fwt P;erc~. ti ~ E N ~A 1N:: O n a~_ _ P.. , . , ~rew YOf~~ . ~V 1" ~ Fort P~ea Flor~d~ h - . , .e.~ j~st ~ - ~ - t^ - ~~..,.~..c ^ ~ . . ,.pras .+.r.l~ sU. l f ' ~ • . • FFLED ANO RECORDEO. , ~ ~ .`.!.~J ~ ST. LUCIE COUNTY. FLA. 3~~ ' ' This instrument prepared br ~ ' ~ ~F C~R~ vFR~~-I~D First Federal Sav. b loan Assn, js?7~3 oi P;erce By ' '68 MAY 3 t a~ io : as . . . n~c~~~ f•o~~a~s ~ ~ CIERK CIRCUIT COURT , eoo~ 172 PACE 415 . , , _ W_ _ _ _ , _ ~ - n~~: ~M - m ~