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and shall perform, comply with and abide 6y earn and every Ilse agreements, atipulnfloni, condifioru and
cot+enanfa thereof, and of this mortgage, then fht mortgage and the estate hereby created, shall cews, de-
fermtne and be null and tbid.
WINE the mortgagor hereby further eovenants and agrees fo pay promptly when due the principal and
interest and other stems of money provided for in said note and this mortgage, or either; to pay all and
singular the taxes, nsseaaments, levies. liabilities, oblignfioru, and encumbrances of every nature on said pro-
s
perty: to permit, commit or suf
jer no waste. impairment or deferiorolion of said land or the improvement
thereon at any time: to beep the buildings now or hereof ter on said Land fully insured to a sum of not leas
than highest insurable value
in a company or companies acceptable fo the mortgagee, the policy or policies lO be held 6y, and pnya6le
to, said mortgagee, and in the event any sum of money becomes pnya6le 6y virtue of stub inatunrtce the
mortgagee shall hove the right to aecetve and apply the same to the tndebtedneu hereby secured, aceot?nttng
to the mortgafor for any attrpltts: to pay all coats, charges, and expenses. including lawyer i fees and title
aenrches. ?easonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and rnvenanta of snid note and fht mortgage,
or either: to perform, comply with and abide 6y each and every the agreement, stipulations, conditions and
covenants set forth in snid Hole and this mortgage or either. In the event fhe.mo?fgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of snid note and fht
mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclose
o? any other right hereunder, and all such payments shall bear interes! from date thereof at the highest law-
f ul rote then allowed by the lows of the State of Florida.
~l any sum of money herein referred fo be not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and rnvennnts of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option o/ the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary note+ithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not consfitttle a u+airer of any rights or options under said note or this mortgage accrtaed or
thereafter accruing. `
~n ~tbleSS ~h~eof, the said mortgagor has herrttnto signed and sealed these presents the
day and year first above a+ritfen.
Signed seal d delivered in the presence of:
ss -omaa-~1~llen-"Jac~fson- ~
A -Hess Sa a Taco son ,
~ ~
STATE OF FLORIDA,
E COUNTY OF St. Lucie
~ I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
Thomas Allen Jacobson and Sandra Jacobson, his wife
s to me known to be the person t3 described in and wrho executed the foregoing instrument and who. acknowkd6ed
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this I7 ~ day of
November A. D. 19 78
i .
e
'r
(SEAL) ~ . " _
_ 435"79 MY Cor4~1ISSI0N EXPIRES:
~j ~ ~
~~°RI o iltC S/A~ ~
~ ~ • l~'DER K
5
Tbu Inshumcn~ paprurd by: o san ~
404 is Ave. l<QGK utJ~, r'; G(~4~~
Addr~r !t. Pierce, lla.
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