HomeMy WebLinkAbout1368 ;
nn~l sha~~ p~r~orm. romp~y u~itti ~n~ ~bi~e 6y each and e~~ery tl~e O{~~PPf11PIlIJ. a1lpulafion"s. condttions and ~
('OI'P/IQ/l~t ~~IPIPUj. A71~ OJ ~~1! morl4~a~~e, Ihen ~~IS mo~fp~pe ~I11~ ~~P PS~Q~H hPM~W CtPaI~, JhQ~~ CPQJP, OB- ~
fvrntin~ ant~ ~re nu~~ ont~ ~~oi~~. ~
~n~ 1~iP m~~rf~~a~or ~~i'mE~y ~U~IhP~ COl~PI1Q11Is nnd apree: fo pay prompl~y when crue fhe principa~ nnd ~
int~rnsl an~ of~~vr sums o( mon~y proi~t~ecr ~or in saicr ~ofe and ttiit morfpnge, or etlhe~; fo pay aII ana
sin~u~~r fhr iax~s, assessm~•nfs, ~~vi~s, ~iahi~ifies, oti~i{~afions, ane~ encumtirances o) ei~ery nalure on said pro-
petly: f~ permif. commil or su~(pr no u~nsf~, impairmenl or c~elerioratton oj saicl Iant1 or !he improvemenl•
fi~pnti•n af ~ny lim~; fo ~rrrq~ th~ huilc~in~s noin or h~rnafMr on tAl~ I/IR~ /ully tnsured in a aum o( n~t les~
fhan Ri 1 •
in a com~x~ny o~ rnntpqlllPS acc~pla~~~~• fo t~~e morfga{~ee, fhe po~lcy or po~icies to he hpld 6y, a~~ pnynble
lo, saic~ murt~~ac~n~, ~n~~ in the rv~M any shm o~ mon~y ~NCOmes Poyabl~ by i~iMue o~ such tnsu~ance fhe
morfgagi•p :h~ll h~~~~ f~~e ~i~hf to r~ceirp ane~ apply Ihe samp lo tl~e lnde6tedness hPreby aecured, acrounfing
fo f>>e morfpanor ~or any surp~us; lo pay aII cosfs, r~arpes, anc~ expenses, inclucling ~awyer~s Jees antl ttl~e
SPO/Y'Il~•S, ~PASOIIO~~~y incurrn~ o~ ~~~i~ tiy ftie morfgag~e ~PCQIISP oj Itie jai~ure o~ the morfgagor fo prompt~y
anc~ ~t~Ily romplY u~itl~ fl~~ a~rp~m~nfs, sfipu~afions, conc~itions nn~ ~ot~enanfs o~ sni~ note an~ this mortgage. ,
o~ eil~ier: lo ppr~orm, romp~y u~if~~ an~ a~~ic~e tiy eacti an~ Pt~Pry IhP Q~~PPt?II~?II3, slipu~afions, condifiona anc~
cui~enants sef . jorlh in saicr nofe anc~ i{~is mortgafle or either. In fhe pvent the mortgago~ ~oi~s to poy wken
due anV fa.r, ossessmrnt. insumnre premium or ofl~er sum oj money paya6le by virfue o~ saicr nole anc~ ftiis
MO~~~A~P, or ~il~~e~, f~~~ mo~lgagc~e may pay Ihe same, u?ithouf u~niving or a~~ecl~ng fF~e oplion fo ~orec~ose
or any ol~:e~ ~i~hf I~p~pun~le~, and a~l such payments al~all 6ear lnferPSf ~rom date tl~ereo~ at tf~e titgl~est ~aw-
(ul mfP tl~rn nlloire~l 6y fl~e Inu~s o( the Stale o~ F~orida. ~
i
ll any sum o( m~~n~v tie~ein re(prrpc~ to he nof prompf~y pait~ wittiin 3~ ~ays nex! n~ter ~
the samp 1.c~omes du~, or i~ ~ch and ~~~ery the agreements, sfipulafions, conclitions and conenants o) saicl
note and fl~is morfgagP, or ~ither, a~e not jully per~o?mec~. complFe~ u?ith nnd a6~d~1 6y, tl~en the enlire
sum mention~I irt said note, nne~ Ihis morfgage, or f~ e entire 6a~ance unpaic~ ihereon, sha~~ ~orttiwifh or
tl~erea(ter, at Ih~ option o( 1he mo~~gngee, bec~ome and 6e due and poya6t~, anything in said nole or herein
to 1{~e conlnary notu~ithslanding. Failurp ~?y Ihe morlgagee to exercise any o~ ttie righls or opffona ~erein
pro~~i~ed s~a~~ not consfilufe a u~ainpr o~ any rig~fs or opfions under saicr nofe or l~is mortgngs accruec~ or
I~eree~lPr acc'ruinp.
~n ~~~II~ ~~Ol~ Ihe said mortgagor has hereunto signpcl and seal~l these presenls the
~ny uncl year jirsf atiove ~nriflen.
Signpd, sea~ec/ and c~elinered in Ihe pr~sencP o~: ~
- ~ .~,:cu.f~~.. -t t_~.,~. ~ ~ ~
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STATE OF FLORIDA~ ~ _ -
cov:v-rv oF ST. LUCIE :
I HEREBY CERTIFY that on this day~ be(ore me. an
o(ficer duly authorized in the State aforesaid and in the County afonsaid to uk~ acknowkdgmenta~ personallr appeared
DONAI.D E . JACOBSON -
to mc known to be the pcnon des:ribed in and who executed the torcgoinq instrument and he ac'tnowkd~ed
~belor~ me that he executed the same.
V1I'1:'VESS my hand and o[ficul seal in the County and State last aforcsaid this 8tt1 ~.~~^1:?:;'tid1F! ~
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SEpt~~t' A. D. 19 70 • #~'T.~', ~
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~ ~ ~II.ED~ANO OVNtY. ~lA. ; : ~
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y gT. LUC1E C .
` ~/F~lr {~n NOTARY PUBIIC. ST'!TE nf Fl'JRIIA at $t!~{; I~P.- ~y • V~
~ ~~~O~P Mll COMMISSION EXP:RES OCT. 21,.19~?']: • • _
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~OMOtp INROYOM FRED MI. OtEfTfLqOMI• _ ~ :~~V ~ •
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, ~tE OF
~ ~'~'''~rir~IHiH~~~``\`
:.u~=~ ~o~T ouaT1
{ CLERK ClRCU1T
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BORK PACF13~j8 S
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T1rir I,urnrmcnr pap~urrd by: Donald E. Jacobson .
PO BOX 1152
Add~s Ft. Pierce, Fla. 33450
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