HomeMy WebLinkAbout0614 an~l sh~ll p~~r~orm, i~umply u~ith and ablde 6y Nacl~ and eve?y the agree?ne~~ts, sllpulalioru, condit~ons nnd
co~~enants t1~Pr~~. and oJ fhts mwt~ane, ll~pn Ihis mort~age and Il~e estate here6y crrafe~l, shnll cpais, d~-
fern~inp antl I?P r•u~~ cu~~ ~~oi~~.
1~~P morlf~a~a? ~~eri•~y ~url{~er co~~enanf~ ancl agrees to paY Prompl~r u~{?en due ihe prlncipol nnd
tnlerr:l an~ oll~er sums of mouny proi~i~~I ~o~ in aaic~ note anc~ ftits mortgage, o? eithpr, fo pny a~~ nnd
sinflu~a~ I~e fares, assPSSm~nfs, ~e~~iPS, ~iahi~ilies, oti~igaltons, a~d encumhronces of every nalure on said pro-
perty; fo permiL commit or sujj~r no u~asfe, impairme?il or deferioraiton o~ soic~ ~and or If~e tmprovements
Il~erncn af any lim~; lo k~~ ~h~ hui~c~inna nou• or I~prFa)1<~~ on sai~ ~an~ (u~~y insure~ in a sum o~ noi ~ess
t1~c,n highest insurable value
in a i•ompany or rompani~s IIMP~IA~)~e fo the morigafl~e, i~~s po~i~y o~ po~tcies fo he l~pld 6y, anc~ payab~e
to, sai~ morl~~ageP, an~ in fl~p e~~enf any sum of mon~y 6ecomes payobl~ 6y virfue o~ suck Insurance the
morlgagep s~o~~ ha~~P 1{~e ri{~hf !o rM-pivp an~ opply 1{~~ same fo tl~e ~nde6tedne~s I~ere6y secured, accounting
fo fhe morfga~or ~or nny surplus: to pay a~~ costs, c~Ip~pPS, and expenses, inc~uc~ing ~awyer~s ~ees oncl ftf~e
. sea?rhes, reasona6~y incurrec~ or ~td 6y ~I~p morlgagee because o~ ftie ~ai~ure o~ I~e morfgagor !o pr~mpt~y
ancr (u~~y comp~y u~i1h tl~e a~repments, slipu~afions, rnnc~ifions and conenants o~ said nofe ane~ this morfgags.
or eil~~er: lo perf
o?m, comply u~itti anc~ abic~e by each anc~ overy !he agreements, atipu~ations, condilions and
corenants set (orth in said note and this mortgnge or either: ?n the ~vent the mortgagor jails to pay when
due any tax, assessmenl, insurance premium or other sum o~ money paya6~e by i~irfue oj said nole and t{~is
moAgage, or pif~ier, f~~e mortgagee may ~y the snme, witkout wuiving or nJfecting ihe option to jorec~ose
or any olher rig{~t F~~r~untler, nnd all stuh payments shall benr interest ~rom date Ikereof a! the 1~Igf~est ~aw-
~U~ M~@ ~?IPII A~~OIOC't~ hV ~E1P ~AqrS O~ ~fIP ~tQ~P O~ !'~Or1~Q. ~
Jl any sum o~ mo~u•y ~~p?ein re(erre~ lo ~~e not promplly paid wifhin 3~ days next n(te?
Itie sam~ 6ecom~s due, or i~ eacl~ and ei~e?y Ihe agreempnts, stipu~afions, c-onditions and couenants of said
note anc{ fhis mortga~~~, or ~ilhe?, are not (u~ly perJormed, complied witl~ and a6~d~d by, 11~en fhe entire
sum mentioned in said note, and fhis mo?Igage, or Ihe enti?e ba~nnce unpaid thereon, sha~~ ~oNl~witlt- or
iherea~ler, af Iti~ option oI I~~e morfgagpo, hecomp an~ tie due and payn6le, anyfhing in sai~ note or tierein
to f~e confrory nolu~ilhslancling_ Failur~ ~~y If~p mortgagee lo exerrise nny o( ftis righfs or opttons`~herein
pro~~ided sha~~ nol conslilulr n u~ain~r of any ric~tifs or oplions un~er sai~ nofp or f~is mortgage accrue~ or
1{~Prea~l~r accruin~. -
~n ~~~L,.7 ~~~D`~ I~ip sai~ morl,ya,yor {~ns ~~prpunto siyne~ ant~ sea~e~ Ihese presenfs the
t~~y oncl year Jirsf aho~~e u~riilPn.
SI P~. SPO~P~ (111~ ~PI/I~PfP~ 1/1 ~~P PIPSPIICP 0':
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~ - DONALD E. JA BSOV
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~ STATE OF FLORIDA, ~
~ Cc~U\ITY (lF St. Lucie
~ I HEREBY CERTIFY that on this day~ be(ore me~ an
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g offic~r duly authoriz~d in the Stat~ a(oresaid and in the Count~• afor~said to tak~ acknowledqmenu~ penonally appeared
~ DONALD E. JACOBSON -
~ to mi• known to Fx thc p•rson d~uribed in and who ~xc~uted the (orcQOinq instrument and wh0 acknowledRed ~
~ ~ I~c(orr m~ that he rxtcutcd the same.
~ I NI7:~ESS my hand and oflicial seal in thi• County and Statc last aforesaid this 13t d~y ~
~ June A. D. 19 78.
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