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To plaa u+d contiiwou~y k~tp on th~ buildinps now o~ I,K~aftw ~itwt~ on iaid land and on ail equipm~at urd penon~tly oov~rtd by thi~ matp~ ~
with al) premiwns thsrs~on ps;d in fi,ll. fir~ inswanp in th~ viwl sardud policy form, in • tum •
pptowd by tM MORiGAGEE. ~nd wit~tam ~
inwrana M?M uswl s~~ndud policy form~ in ~ sum approvd by th~ MORTGAGEE. in wch company or compania as the MORTGAGEE m~y ?
dinctt and NI fir~ and windstam inwrano~ potici~a on sey of aid bvild~rp~. any inN.a1 thaei~ a part th~r~of, in tl» a~re9a~~ sum afwaaid a Y
M ~xpss therwf, sMll contain the vsual st~ndard mortyspN clw~ or wch othu claus~ as 1he Ma19a~ may req~ir~. makiep ~h~ loss vnde~ uid poli~ ~
cies. ~ad~ ud ~very. P+Yabf~ w s+id MORTGAGfE a ib interat ie?~r ~Pi+~. u~d each and ~very such poticy thall be promprly ass:yned u?d dsl;vt~sd ~o
~ny htW by said MORTGAGEE u fw~ha secvriry to said mortpaye debt, snd, not I~ss than t~n (10) days (n ~dvance of tl+~ expF.atio~ of each pol'~cy, ro dN
I~wr to said MORTGAGEE s re~ewal ~he~eof, to~ethK witA a rouipt for tM premiwn oi such renewalj and ~hen sh~ll be no fire or winditwm inwranc~
plao~d on any of said buildinps, ~ny Jnter~st tl~t~~io ot part tMreof, ~x?les~ in the fw,n ~nd wi~A ~M Ioss payabl~ u sfor~idj and in tM ewnt ~ny wm
of ma+~y bacanes payable ueder wd~ policy a polici~s said MORTGAGEE shall Mw the op~ion ro receive snd ~pply tM s+m~ on account oi the iod~btsd-
?mss setur~d hst~by a b permit s~id MpRTGAGORS ro nosiw and uf~ N a~ny parl thenoi fa orher purpases, without thxeb~ waivi~~g a impair-
1nQ +~Y ~4~+~b. ~ a~~~ u~d~r ar bY vlrtw of this mortqy~s ~nd k~ tM swe~t uid 1NORTGAGORS shall fa sny reason iail to ke~P thi `said pnmis~s so
insvred, or bil 1o deliver promptly ~ny of said policies of iniwux~ to uid MORi6AGEE, a fail promptly fo pay. fully any p•emivm thtrefa w in ~ny '
respect f~t w pKiorm, dixhsrpe, ex~cut~, fffect, compkt+, comply with and ap;de by thy coven~nt, or any part hereof, said MORTGAGEE may plat~ ~nd ~
pa) fw such kauranc~ or any pan thKeof without w~ivi~g a ~ffecrinp u?y op~iww, li~n, equ;ty, a igM under a by virtw of this Nlortp~pe. ~nd tM ~
full MlqVflt Of NCA afld fWfy fYth Piyrt10111 SINII M i~INlftdiNMly dV~ ifld Piyit/I! and sh+ll beu tnt~rast kpn tM da e_t ~rqq W prtM ?at~ 01 ~
nine ps~ pnt~m p~r ~rwwm u+d together with wch io~e.est sMII be secvrod by tM lien of this mortpa~e. F~L~O ~lVD K~~Y~Y ~
To Psr~,tt, oornmit o~ wfie~ oo was~~, Lopakme+N p det~riwation of uid p~opKry o~ ~ny put th~r~~. pL~UCnIE COUNTY, Fl.n. i
S. to pay all ~nd s&gvtar tM co~n, cFwg~s a+d ~xpeme~, ~ncl~dinp a roasonable a»wney't t~e ~nd o~stf ~!t ~b~tiity o~~$7~Fincwred a paW d
any tims by said MORTGAGfE, b~ca~ o~ in th~ twnt of tM faitw~ an th~ part of tM said MORTGAGOR a duly, promptly and fully pKfanl, d"ac1~+r~R
exetvt~ ~ffect, toinp{ety compN with uid ~bidt by ~ach ~nd wety the itipulationt, apreemeots, cendiYron~, snd toven~nn oi s+id promissory not~ +nd this
n+ortpape anr or eitMr, and said costs, charq~ and ~xpenses. each and ~ve~y. shall bs immediately due pa AerQ~ not~Nt
• notio~ dr
man~ ~tten~pt to collett ~pr suit pe~~diny,e and th~ full amovnt of eith and way a~ch payment tAall be+~tey~p~ d~d4her~iF 4~?}~b at th~
rare of nioe par cenrwn per arwwm; and all saW cwts, chuyes ~nd expenses incwred w paid, topstAer with wch ~n~sr~~l by tM lito of this
maipap~' ..e~
6. That (a) in th~ awn~ of any beach o! this MwtQape w default on ths pert of ths MORTGAGOR, or (b) i~ ~t~~~ wms of ma~ey
herein rrfs~red ro be not pranptly and fully paid within thi~ty (3p) days next affer the same severailY beco~g, u~ p,~y or notice.
or in th~ event each and every ths stipulations, sgreamsr?ts, tondifions and coven~ats of sa~d promissory *~Ca Mi1~~ her u~ no1
iuly, p?omptly u+d fullY performsd, d~sd+ar9nd, ~x~cvted, ~ffected. completcd, complied wi~h and abided by, then in ei~her or ~ny auch ewnt tl?~ s~id a~
gregat~ wrn mentionsd in said promissory npte fhen r~maininy unpaid. with interest acuued, and all moneys secured herebY. shali become dw and p~y.
abte forthwith, o~ thereafter, at th~ option of said MORTGAGEE, ss f~fly ~nd completely as if ~II of the said sums of awney were wiginally st~pvlated
to be p~id on sud~ day, anytAirg in ssid promissory oote a in thb Mwt9~qe to the contrary notw;thstandinp; and t}~ereupo~ w thereafter at the op~ion of
sa~d MORTGAGEE, without fl0fit~ w demand, wit at law or in equity, ther~foro or Mereafter begun, may be prosecuted u if all rraneya secursd hereby
had matuted pripr to iri institution.
7. That in fl+e event that ~t tfw begiru~;ng of or ~t anr time pe~ding any wit upo~ this Mortgeye. a to foraclose N, or to reform it, or to enfo?c~ '
payme~?t of any daims hereunde?, said MORTGAGEE shatl a to the Couh havi '
pRh ng Iwisdiction thereoi fa the sppointmen~ of • Receiva. wch Cov?t sMll .
farhwith appoint a receiver of said mortgayed property ~II ~nd sirgulu, includ~ng all ~od singulu the income, profib, issues and revenves from whatever t
source de?ived, e~ch and every of which, it beinp expressly w~dcrstoad, is hereby mongsged as if ipec~fically set fath u+d desvibed 'a~ ihe yr~nti~y and
habendum cta~rses hereof, snd svd~ Receiver sAal) have a!1 the broad snd effcctive furxt~ons arK! powers in anywise entr~sted by a Coun to a Receiver, and ;
such appointment shall be made by wch Court as an admined equiry and a rrwtter of absolute rgM to said MORTGAGEE, and without reference to the
edeqvacy or inadequacy of tM wlue of the property maty~9ed o~ to the solvency o~ insotvency of said I~WRTGAGOR or the de(enda~», and that a~ch
?ems, prof;ts, income, iuues and revenws shall be applied by wd~ Receiver acco~d~ng to tM lien or equity of said MORTGAGEE and the pracrice of such
CouA.
8. To duly. P.o~rty a„d fo~y P..fer,n, d;,d,•,9e, execute, effect, complete, comp(y with ~nd abide by each and every the stiputations, agreem~ats,
ca++ditions and cova,a„ts ;n sa;d prorr,;ssory ,wts snd rhis mwty~ set forth.
9. That in the event the ownership of ths mortgaped premises, w ~~y part th~reof, becomes vested in a persoe other than the MORTGAGOR, ths
MORTGAGEE, in successws ~nd assigru, m~y, without notice ro fhe MORTGAOR, deal wi~h such wccessor w successor i~ iMerpt with reference to this
mort9~ an~! the debt hereby secured in the sarne tnsnner as with Mwlgagw witlwtit in any way vitiating or dixl+arging the Mortgagior~' lisbility herr
under p ~pon thc debt hereby secured. No ssle of the premises hereby mwtgaged sr?d no fabeawnce `on the p~rt of the 1NORTGAGEE w iri suaesson ~
o. assigm and no extension of rhe time fa tM paymem of tl» debt he.eby secured giwn by ths MORT6AGEE or iri successon a assigns, ~hall opera»
ro ~eleas~ dixhai9e, motlify change or affect the ori9inal liabiliry of the MORTGAGOR he~e'u?, sither in whok a i~ part-
10. It is spetifitally agreed that time is of the esseoce of thp contract aed ths~ no vvdver of any oblgation h~revnder or of th~ ob11pa1iDn a~- ~
cured hereby ~hal1 ~t any time thereaher be I~eid to be ~ waiver of the tema hereof or oi the irntrument ~ecured herby.
11. In add~~ion to the forego:ng monthly payments of prirK pal and +nterest requ+red by the promissory npte secured I~ereby, mortgagor covenants ~
and agrees to pay ro mortgagee vr~th tach mw~thly payment an ~dditionsl sum estimated by mortyaget to be equal to 1/12.of the annual cost of the follow-
ing:
A-AU real property taxes levied or sssessed, agai~st the above described real estate.
B-Premiums on (~re and windstorm inw~ance as he+ein requ;red fo be carried on the improvern~nts situate on the above desaibed prerti~es.
C-Premiums on such mortgage guaranty insurante sa mortgagee shall from t~me to time deem fit to carry on the loan setured hereby.
Mwtgagee sfiall from time to time ratify mortgagor in writing of the amoum d~e and psyable F~eunder And wch'sum shaU thereupon be dve and
payable on tf~e d~e date of the next monthly paymeof sod each successive month thcreafte? until mortgagee sFw11 notify mortgagor of s change in such
amount. Such sums shall be apptied by mortgagce toward the payment of real property taxes, insurance prem:wns, sr~d mortgage gwranty insura~ce
premiums. -
IN WITNESS WFtEREOF, the said MORTGAGOR has he~eunto set his hand and sea! the day and t afor~sa;d.
~ Si~nacl ~le nd delivered in M preseooe of:
)Witnesses as to signature ,t n
~of Mr.bMrs. Jacobson x
r )Witnesses as to signatures~c ~
of Mr. ~ 1?1rs. Czoce ~c ~
STATE t~:~IpA
L~C IB ss-
cou `y~, '
t?f.~6~~-~•
e~t~~/.'~~ aed
4b~}~. 3~c"obson and Marile~ I. Jacobson, his rite W~~~ k~ known ro m. a b~
tM'in Mi~b e~q~d ~ and who exeart~d tF~e fors~ar~_instr`urMnt, and ~cknowkdyed b~fon m~ that tMy exewted tM sams for the purpos~s
~ ~:.~...,.~.~~~i?ndi•~~ acob a wi ! - -
uvo~ . up...a and priv,n
~x~a~ioH_~q?-, 1t~+ p~r~N a+d ~part homfhei;aaid Iwnbandiadcnowl«lped to ~nd befon n~ th~t ~wt~d said i~trumuN fre~ly M+d volue-
~arlly, ~nd.witAout~ , oo~nputsion, constrsint, or f~a d ar from~f~s/paid ~x
~f,~,fi ~;..,a «w, ~r~.~ . ~ ~ '~~~ty c. t9 69
STATE Of FIaRIDA ' ~
~
COUrm oF BRUWARD M'~~~~ ~4•f~r ~~*!Ak s,
1~P"~wii~iw .~:::s: :ii? s~ ~r.: -
~ Mar Croceto Croce ~ ~ ~,,,M ~
Y
ti» ind;vidwb dew~b~d in ~nd who ~xecut~d the for~po'v~p instrum~nt, and ackrww hia wrfe. ro rr» well known ~nd known b ri~ b b~
ri+erein • ~D~ b~fore en~ that they ~aecuted the wm~ fw th~ purpo~es ~
xw•s•.d. ~u,a r?~. Mar Crace . -
w~i. of d+...d Vito Croce ' i
,,,s~
easmi~aYwn by me q4en separ~f~ and ~p~n fran Mr said iwsband. ~O^ • s~~~ P^Y+~,. .
ranly ~nd withwr! ~np cp++P~?Ision, co~straint, ~`^ON'~~~ w and befo~~ erw thal sl» ~xeeuted stid 'aut~u^+~ ~`a~, ,ir~
+PW~ ~_/g fw d or from her said husband. wiyir
WITNESS my h+nd ad officid ~1 ~ ~ January ' = , "
/?.~c. i9
6~.
, ~ :
~ ~ • .iY _ ~ . , _ }
T; r . _ . ' • ~ , y ~1o~Mr ~+b1it in Mtd /M Stafrpt Fio~iri ~ L~p~ I • ~ •
Ren,.n Ta - _ ~ M ~~pir ~
Fint FdKa) S.vinps ~ lwn Aswci~rioe' _:L - ~ ~ :
Of fort P~erce. . ~ • " ~ ' ~ - . • C• '
: _ r~' • ...•.~I
~ F~~K.~., rb.~d. John W. Coilins f~llMfG~~R~~OAA~I?i~l~~..,.:~
~+i EQtt~ F~~~t.. i Qr~ES WR: 7i. 1970
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3 n~°<.~ .~l.s.'..s. ..s~:.x - . ~OMptf T1M~ _ . .
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