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HomeMy WebLinkAbout1564 To plau and cantinuousy kNp oe tM buildiegt ~w~w a 1?a~aitN utvat~ on saW land and on sll puipn~et ~nd p~sonally cownd bY this nar~P p~, with ~II pr~n+iu~ tha~on p~id in ~ull, tin Guuwnc~ in tF~ uswl ~andud potky forn~. ~n + win approwd bY tM MORTGAGEE, ~nd wind~~am In~wanu in tM ~+swl stu+d+rd policy form. i~+ a swn ~pproved by tM MORTGACsEE. in such companY a~P+~ia as t!r MORTG/1tiEE may dinctt ud all fk~ u+d w'~~wn~ i~w~ana polici~s on ~ny of aid buildtnpt„ ~nY int~?at tMr~in o~ put thtrwf, in tM apprp+~ wm ~faaaid a In ~xau ther~oi. ~h+ll ca?t~n tM uswi iundard ma~ya~ daus~ a such ot1+K claus~ a tM Mort9~e n+aY nquin. n+akinp th~ bss unda said potl~ ciK. Nch ~nd ~verY. Wrsbl. w wid MORTGAGEE as in in~K••t m~y ~ppar. and each and wNy wcfi polky shall b~ Pr«^PtN us:~e~d and detiwt~d ro ~ny MW by said MORTG/?GEE a fvn1+N weurity ro atd morpap~ deb~. and. rw~ t~ than ten (10') d+ys in ~dvanc~ of tM ~xpk~tian of ~+cl+ PolicY. te eN- liwr ro wid MORTG/1GEE • neewai rMrwf. to~fhN wirh a na~ipt for ths p.~niem of wch r~n~way u+d tMn sMll b~ no fin a windironn inswana p~aad an ~ny of said buildi~gs, ayr intaat tMr~in a p~n th~nof, vnbss in th~ fonn'and with tM bu p+y+bb ~s aforaaWs +~+d M+ tM ~wnt aey wm of ma+~y becom~s P+YabN u~ wch policy or pt.lici~~ s+id MORTGAGfE sh+ll Iww th~ option ro nc~iw and ~pply th~ s~ on acoowN o1 tM f~d~br~ e?ns Ncw~d ha~by w to p~nnit said MORTGAGORS w naiw and us~ N a any put thereof fw other purposes, wi~hout thereb~ waivi~g a impaio- leg any puiry, li~n or ri~hl ~nd~r w by r4tw of thts marty+p~t a~d in tM ~wnt wid MORTGAGORS sh+ll for ~ny nason fail to k~ep tM Mid pn~*~a so irnvnd, w f~il w deliwr PromW~Y any of s~id polici~s of iosvrvw to wid MORTGAGEE. o. t.~~ Pro~ty w Pay fi,iy ~ny p~~miom tMrefor a in sny nsp~d f~tl w pKfan4 dixharqe. ex~arta ~ff~ct. comPl~t~. complY with and ~bid~ by tha cown+nt. a ~oy put hKwf, s+id MORTGAGEE m~y pl~a and P+Y for wd~ irour~na or ~n1? P+N tMred withow waNinp a~ffKtinp a?~? oW~on. ~iM. ~4~?ib, or ~iphf undM a by virtw of this Map+p~. aed tM full ama~1 of ~ach ~nd w~ry such p~yn~t shall b~ imrnedi~tely dw and piyabN ~nd sh~ll bsu iM~?~st han tM d~N tMrwf unti! paid N th~ wN oi n;n~ pa untv~ pu annum u~d to~tMr with wd+ inMrest ih+ll l» a~cvrod by th~ ti~n of thb mort9+y~. 1. To p~rmit. oommit ar wffer no wat~, M?paimrcnt a d~hr'roation of ~~d propMr or aM? pwt tMnoi. S. To pay alt and sinpul+r th~.coa1~. chupe+ +~+d txpens~~, i~cludinp s reasa+abl~ +ttorn~y'~ f« ~nd awts of abah+cri of titl~. incun~d w paid at any time by said MORTGAGEE, beca~ or in rM .venf of ths f.ilur. an ~he pan of ~M ,aW MORTGAGOR a duly, P.o~~h +~+d fi+iN v..~o.~++. d~.~.~ ~xecvta ~ifed. aompla~, aanplY wah and •bid• b~r •ad~ aod evay the :tipularioro, aprsema+». condtiora. and aov.n~nn of wd p:omi~wry noh and tlw mo.t~y~ a~y w ~i~Mr. aod ~aid cosn. d~rq~s and ~xperws, tacl+ and ~vuy, sAall b~ Ynmsdiat~fy dw u~d payabl~t whethlr~a not Mwr~ b~ notki d~ mand, ~n~mpt w colbct or wit p~ndirg; and th~ fvll ~nt of exh and wery wd~ paYment sMlt be+~ interest from the d~t~ therwf vntil p~id at M+t rate oi nin~ per eentum per ~nrwm; +od all s~W obsts, chuyea and expens~s incwred or p+id, top~tMr with wch intsnst. ~hall b~ acured by tM li~n of tha ,,,aro+~, - ! 0. 'fh~t j~) in th~ ~wnt of any brexh of thia Mortpap~ w d~f~ult on Hr piA d tM MORTGAGOR, or (b) io tM ~wnt aq? of a~d wms of enor~y ! h~nin nfarsd to b~ na p.anpiry and tvly pad within thirry (30) days ntxt after tl+~ same se~e~~ly bec«ne due ud payable, withou~ dem~nd o. naice. or W In th~ ~wr~t each ud ~wry tM stiputations, ~r~amen». conditani snd coven~nb of said promisio~y not~ and this mortpapt any or sitha u~ no1 iuM. promptly and fuly performed, d~schuped, execut~d, effected, compkt~d, corr~plied with and ~bided by, then in atMr or ~r wch weM tl+~ said a~ pr~st~ swn menran~d in s~id promiuory note then rem~ininy ~npaid, with intsrat ~cuued, ar?d all moneys secw~d hereby, sh~ll bscan~ dw and pay- ~bl~ forthwitl~, a th~reafte?, at tM option of ssid MORTGAGEE, u fully and compl~tdy ss if all of the ssid sums of morKy wer~ agin~ly stipulated ro be paid on such daY, anythinq in said promiuory note or in this Mort9aye to 1M contrary notwithstsndirg: and therwpon a tl+~~~+har ~t tM op~ion of uid MORTGAGEE, wirhovt notip w denwnd, svit at law or in puity, thereforo or thereafte~ be9w~, m~y be prosec~ted u If ~II ean~ps s~cvnd hx~by had matwed prior M ib imtitution. 7. That in th~ event thst st th~ beginning of w~t any tim~ pending soy wit vpon this Morfyapl, o? to foreclos~ it, w w rofonn it, o? to enfwc~ payment of any claims hereunde?, s+id MORTGAGEE sMll apply to the Cou~ havirg jurisdiction thereof for th~ ~ppo~ntment of a Receiver, such CovM shsll f fwtliwith appoint a receiwt of said mortgaged property ~II ant! s'ugvla, indud~nq ~II and sinyvla ths incom~, profits, luws ~+d mrenves from wharover wurc~ oaiwd, ~sch and ~very of whrch, it beinp ~xpressly w~derstood, is hereby matg~ged u if spadfkally set forth ~nd d~scribed in tM ~rantiig and hsb~ndwn davs~s hereof, u+d such Reuiver shall have stl tl+e brosd snd effecrive funa~ons snd por~en N+ anywise entrusted by a Co~?t to a Receiver, and such ~ppointm~nt shsll be made by w~h Court ~s a~ admitted cquity and a m+ner of absolute ~igM to said MORTGAGEE. +nd without nfere~c~ to tFw adeqvacy w iosdequacy of the wlw of the prcperty matgsged w to tl+e sotve~cy or inwlvency of ~aid MORTGAGOR o~ ih. defendaen, and ~hst such rents, profits, income, issires and revenuas shall b~ spptied by wcF~ Recciver accord~~ to tM lisn or equity of ssid MORTGAGEE and tM practia of wch CouA. . . . e. To duly. pranpHy and fully perform, discMrye, execute, effect, oompletq c+omply with and abid~ by wch ~nd ~vKy th~ stipulations, apreements. cond"dions and coven+nts in said promissory not~ and this mortgage set forth. . 9. ihat in the event the ownenhip of the rrwrtg~yed premisa, w any part thereof, betomes vested'in ~"P~non'othsr th~n the MORTGAGOR, th~ MORTGAGEE, in successon and suqrn, m+y, withovt noY~ce ro the MORTGAOR, deal with such suaessor w waessor in interest wi~h refere~ce to thia mw~ga~e and the debf hcreby secured in the same msnncr as with JNortgaga witiaut in any way viti~tinp w d~uhaipiny the AMctyapws' IiaWliry hera under w~~pon the debt hereby secv~ed. No sale of the premises hcreby mwtpsyed and no fwbeawnoe on the p~n of the MOttTGAGEE o~ its suocesson a suigru u~d no extee~sion of the time fw the payment of the debt hsrcby secured p~ven by the MORTGAGEE w iri sucoessors or augns, sMll opsrat~ to release. d~sch+rpe, rnodify ch~rge a affect the orginat lisbiliry of the MORiGAGOR hereu~, ather in whole w in put. 10. It is specific~tly agreed that tune is of the eucrxe of this contract and th~t no waiva of u~y obl'iyation hereunder or of tM oblg+tion sa- a;nd hersby shall at My time theresher be held to be a waiver of the terms hereof ot of tf+e instnrnent secured herby. I1. In addition ro the forego:ng monthly payments of print:p)I ~nd interost required by the pran'~uory note setvred hereby, mortgs9w mven~ms and a9rees to psy ro mortg+gee with esch monthly payr?Knt an additia?~I wm estimated by mortgagce to be equal to i/12 of the an~ual cost of the ~dlow- 'ng: A-All re+l propcrty taxes levied a assessed against the above described real estate. , B-Premivms on firq and windstam insurance as herein reqv~reti to be urried on tF?e improvements s~twte on the sbove dewibed premises. C-Premiums on wcfi mat~sge gwnnty insunnce u mortgagee shatl from rime to time deem f~t to csrry on the bs~ tecured hereby. Morty+gae shall from tim~ so time notify matgsgo~ in wrlinq of the amount due and pay~bk herounder and wch wm shall there~pon be dw and payab(e on the due date of the next montl~ly paymem and each wocessiw ri+ontb thereaher until monpspee• s1~a11 notify mortgs9w of a chanpe in wch I, an+wrr?t. Sixh sums shsll be ~pplied by mwtga~ee toward the p~yment of real property tazes, irovrsnce prem:ums, and mortgape 9wramy inwrance ~ prerniwns. IN WITNESS WHEREOF, ttw s~id MORTGAGOR hss hereuntp set his h~nd u~d seal the day ar fust afa iv~r~d in tM estnt~ qf: : ~ i ~ ~ h . onntd E. Jc•.~•lson - ~ ~ ~ ' GI„g ~ ~Qe J~.bs•^ ~ STATE OF FIORIDA ~ ! couwn oF St. Lucie ~ ~ • d.fo.. p~,au~~y .a,.,,ed Donald S. Jacobson Marilee I. Jaeobson M, w;f~, to we~~ k~ow~, „+d know~, „„ne „ b~ tM in~vidwb dew~b~d tn ~nd who exxuted tM forpanp instrurr~enr, and ~cknowl~dped befon m~ tMt NKy ~xecuted the sarn~ tor th~ qwpw~s r ~„d r~+. N;a Mazilee I. Jacobson w;f. „d Donald B. Jacobson , . ,~,d e:«n'w+at;on by rr» ak~n s~par•» ~nd apan from her s~id hvaband. ~dmorvbdp~d w and befon m~ that sh~ ~x~eut~d said irutrurewnt fr~ely ~nd volvo- tuily wid wiihout arpr canpulsion, consrraiM. ~ppreh~r?san. ~ ar of or from Mr wid M~ab~ed. . ~ VYITNESS my hu+d and offiwl sNl this ~ 7~ d~y d A. D. 19 66 ~ ! ~ Notary P ~nd fw Stat~ o id~ N L~rp~ ~ R.~.^ ta FK.EO ANO RECOR ~ Fi?q hd...~ sa~ a~o.~+ St. LUCIE COUNTY. Y ~08UC. !TA?E OF FlQH19A AT IABSt OMMISSlON EXPIRES SEPT. 11, 1970 oi Fo.~ P:N~.. RFCOi~~ VEAIFIE ~ r~ao pl[~T«MOQ~[ ~ ~~~u+:~:,,,. ~ Fon P~ac~. fl«ids ~ ~ . 1~8 AM 0 ~ 2 - ~'~~a~~~~.---~.', '68 JUL I • 2 ~ r'~ ~ , i r ~ ~ v ` ` ~ This iratrument prepared 6! kOGt.R ~ o~Taas ' ' e-: ~ . ~ . first federa! Sav. b loan Ass11. ~LERK CIRCUIT COUR? _ ` 2 ~ of fort P' • - ~ ~;'ti..:<...~~" ~ ~ • - BGOK 1 I~ F~b~E 1~.J0 _ ~ ~ . ~ ~ ~ 3 . .r _ . - - .