HomeMy WebLinkAbout2982 . -
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45C~2'71 `
. 1918 JU. -6 AM ~ 25 '
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RECpRp VERff ~EO - '
idll !uw tM option to reoeivs aad appty tM s~m~ on ac~ouat ot t6e iodeM~edmu ~ecurd b~nb~ or W pecmit
a~W 1~[oetg.aor w r~ceiw .nd n.. ic ar aay pae~c chsnof tcr ochK p~rpo..s .rictrouc cb.c~by waivios a~s
W pnity. 1Mn or risdt under ar by. v~rtue ot thii mortg~as: ~nd in Lhs .ev~at s~id l~artgaaor sbal! to~ a~r ee~son
fiil to lcMp t~ sdd pc~mise~ w insured. or t~il to delivR promptly a~? ot aid polieiM ot inw~naa W ~id
Atort~aae., or tau p~na~ptly w w7 ~r ~r P~um checetor. or m anr nspsct tai! to pa~tam. di~6ar~+.
~cute. efteet. canpiete. oomplY with aad ~bide by this eove~tot, or any part hereot. eaid Mort~~ss m~,1 Pl~os aod
P~y tor sucb insunno~ or any part theteof witlaat waiving ot affectin6 anY optbn. lien. puity or riaht under ot by
virtus ot tbis ~nortaats. and th~ !uU ad~ount ot e~cl~ aad swry sue6 p~Yment sL~U ba immediat,dy dus and payabls
~nd sl~tU beu iwtere~t kom tA~ date tlweeof until paid ~t tl~e nte oi ean per oentum per aannm and toeether wit~
snch inte~~ sluU be sKVred b~ the liea of this mo~rtt~gs.
4. To peemit, commit or wfter no waste. impairmsnt a~ deterioratiow of said propsrZy or any part tt~ereof.
b. ~To MY dl and aingulu tAe oosts. eharges and e:pensss. incl~din8 re~sonabk lawyer's fess ud cost ot ;
abstraet~ ot titk. incurted a p~id ~t- any time b~ said Mortgagee because anrLor in tlie evest ot the fai7un on the
p~rt ot t6e said ~toetgagor w duly. promptly ~nd lullp P~c[orm, disch~rgs. ~ecute. eHect. oompl~, co~m~? wit6
~nd abi~ Sy eac6 and e~'~3' ths stipul~tious. ~8*esmeots. oonditions and eoveo~ab.ot s~id promi~r note. ~nd
this mo~tgags. aay or e~ther. ~nd eaid costs. eha*Ses ~ed espsnses. each and every, sb~l! be tmmedtateh? due and
P~Yabla. whether or ~t t6ero bs aotice. dea~nd. tttfmpt W oollect or suit_ peoding: and tM fn11 amotiat ot e~ch
~nd every suc6 paymen! sh~ll bear intere~t teom the date theieot uat7 pa&! ~t the nte ot ten per oenwm per '
aanum: aad ap said costs, clur~s aad sspeass~ so incarred or p~d. togetl~u witb such interest. ehal! bs ~seored by
tbe lisn ot this mortga~.
6. '1Lat la) iA t6s weot ot an~ bre~eh ot this mort~ ar dshult on tbs p~rt of tAs l~lat~~. ar Ibl in tbs
- eveot any ai aid sums ot moasy har~m ntarred to bs not promptly ~nd tuLy p~id within t~n dars ne~t after th~ -
s~ms ~sverslU bsooms dos and p~yaW~. without demand a~ notk0. or lc1 in tl~s went e~ch and ev~r tl~s ~tion~.
agreemeat~. oooditionr and oowo~nts ot aid promis~ory oote and thi~ mort~ge. any or eithK. ~es oot dnb?.
P~~Y ~~4 P~a~ ~6~• ~ted. effected. oompisted. oanpti~ed w~th and abided by. theo. in aitbar
ur anq such event. tbs n~id aggragate. ~um msntiooed in said promissory nots then remainiog unp~id. wttlr int~est f
aarued. snd all moasys seenred b~rsby. shsll beoome dw and payable fortbwith. or the~eattar. at the optioa of s~id
Mo~tg~gea, as fuqy? u~d oompktely u if all o! ths said wms ot aomsq were ori~inaliy ~tipui~ted to b~ paid on
auc6 d~y. anything ia said pwmissory nou. and a~ In t6L mortg~gs to t6s eoatnry notwithstaading; and
thete~pon or thereafter ~t t6e optios~ ot e~id Mortsages. witbont ootice or damand. suit ~t law or h~ eqnity.
theretofora or theeeatter be~cn, may bs pro~scnt~d aa if a11 moneys s~c~ued hereby 6ad matnred prior W its '
insLitution.
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7. '1Lat in the event thit at the beginniag of or ~t any time peodlog any suit npon this mortgag~e, or W faec{ose !
i it, or to refo~ Ik andlor to enforce payme~t of aey elaim~ be~eander. aaid Matgags~ ehall apply to tbe ~o~u~t
f havlna juri~diction th~reof tor tl~e appointmsnt of a li,ec~ivar, tueb eo~rt sAaU torthwfth appoint a Reoeiwr oE nid
j ~8'~ ProP~t7? ~ll ud singul~r. includiag all aud eingu{u the reats inoome pmCt~. i~suee and rsvea~es from _
~ wlutever source dKived. e~c6 and every ot wbich. it being espre~dy ~aderscood is harsby . mo~ged as if
i speeifieally set Eorth and de~en'b~ed in tbt gnnting end babendum eltuses h~!reof. and enc6 Reoeiver shall have
aU the brwd and eHective .tunctione and powers in snywise entru~ted by a oourt to a iteceiver. and sueh ~ppointment
shall be mede by such eonrt as an admicted equity and a matter of ab~olute right to aaid Mortgagee, ar~ writhout
~ reference to tbe ~deqwcr or inadequacy of the value ot t6e property mortgaged or to tbe solvency or insotvency -
ot said Mortgigor andlar of t6e defendants. aad tl,at suc6 rents. pcofits. inoome, iss~es ~nd reveoues shall be appSed
by such Receiver aoeording to t6e lein andlor equity ot said Moctgagee ~nd the pnctice ot sueh oonrt. !
8. tt is undsrstood and asreed that this imortgag~ u give~ to secvre. in addition to the note or oWigation }
above de~cribed anr additioaal lo~ns o~ tntun advanaa m~de witl~io twenty yean 6rom dacs hereof by t6s mo~t~ges
to s~id morta~gors or any wooM~a ia tltls oi t~id mort~s of tbs P~'oP~~r ~+bY ~VeY~: Provided th~c the
tota! unpaid balance of the indebtedisess ~eeured hereby ~t any ass time s6a11 oot e:oeed the ma~enum piriacipal I
k •~coi FIVE TNOUSAND SIX HUNDRED FORTY THREE (5,643.00)
li 1. plus intecesE thereon aud any disMir~emsnts made by the mortgagee tor the p~yment af t~es. Mvi~s or ins~uance
on tt~e proparty encumbered t~ereby. w;ch inc~.tisc on .uee a,'sbur.emes~cs.
IN WITNE33 WHEBEOF, the eaid Mortgagor has e:ecuted this mortgitge under ~eal on the day and ye~r heeein
first above written.
~ ' ered oi:
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ISEAL)
~ ~ ~'~J v (SEAL)
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~ ~,c~, Eva C. Jacobs ~ ~ ;
~ 3TATE OF FLORiDA ~
~ COUNTY OF 3T. LUCIE
3ohn F. Jacobs and Eva C. Jacobs, his wife of 6925 Millow
~ Before ~ne personall}' ~PP~~
~ Lane, Miami Lakes, FL. 33014 ;
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~ to ms wsll ]rnown ~nd lmown to to bs tJ~ individua~. dMa~ibed m aod wbo u~t~d tbe taee~ill~,~ ~s'• ~f •
~ and aclmowl«i~d b~to» m~ that ~.y ez~cnted t6~ ssms for tbe P~Po~ ~n e=P'~~• z~: • 's
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w~rrrrESS my e.na .na o~W .ed cw. 18th ~r ot 0 ~_~F- ~
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° R 311 29~ ~ ~ . . :y .
~ BUOx PAGf chs Connty and
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