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Home My WebLink About0113 t • ~ 9;~~~~~32"~ i9i9 JUI. -6 ~M ~ 5~ =~~~C~"~'~ ~A CtRCU1T C~ ~ ~ RECORO Vf Ptf lE0- dull have the option to receive ~nd appty the same on ~ooount of the indebtedness sscursd hsreby ar to permit nid Mortsag~or w reeelvs aad u.. ic ar u,y pairt charoot tor otl~er purpose. wicl~ouc chersby ..aivin~ or ;mp~iri„g aay eqnity. lien or ri~ht aadar or by virtue ot ehis mortgaas: Rnd 'w the event aaid Mortg~gor s6a11 tor ~ny re~wn hD to ke~p tAs sald premiNS so ineured, or t~il W deGver promptlp any of sdd polieies ot ia~uranos to nid Ma~ase~, or [a~7 W'umP~~S' ~ WY ~~Y ~ny premiwn therefor. or in eay respset tail to pe~fo~n. disch~r~e~ esc~ete, effect. compkts. rnmply with ~nd abide by tl~is eovenant. or an. put Aeraot. eaid Mortgagss may plaae and pay tor such inaannoe w aay p~rt-thereot ~rithout waiving or atfecting any option, liea. equity or right under or by virtue of this mortg~ge. aod tbs tuU ~mount of e~eh and every such payment sheU be immediately dus aad p~y~ble ~nd ~ha11 bear inteee~t hom ths date theeeot until p~id ~t ths nte of ten per centuia per ~nnum and togsther witA suc6 inttre~t sball be sscured by the lieu oi this rnortgags. 4. To permit. commit or suHer no waste, impainuent or deteriontioa of ~id propsrty or any part tl~eot. 5. To pay all and singu4r the costs. charges and e~ensss. induding re~eonabk I~wyec's fees ~nd oost ot abstncts ot title, iacurred or paid at• any time by said Mortg~gee becawe andl~ in the evept of tbe f~re o~ the part of ths said Mortgagor W duly. P:'omptb ~nd fuUy pe~iorm. diecharge. e:ecuts. eHeet, oomPlete. oomplY witA and abide by escl~ and every the stipulatioe~, agreemenis, oonditioae and oovenaats oi uid promi~wry note, and this mortgage. any or eitbar. and s~id co~ts. cMrges ~nd s:pen~es, e~ch end every. shall be immediatety due and p~yable, whether or not tAere be notice, dsmand, ~ttempt co coUect or suit pending; and the full amonnt of e~ch and every auch paym~t shall bear intereet from the date thersot untD paid et the nte o! ten per oeatum per annum; u~d aU said costs. eharg+es and e:penses so incurred br paid. toBether with such interss~ ehall 6e secured by the lien of t6is uwrtgaga. 8. 'lUat (a) ~ the evant of aar bre~eh ot tlua mortgage or detault on ths part of the Mortgigor, or (bl in ths • eveot any of said sums of money herein rsferred w be not pwmptly and fully paid within tea days ne:t att~ tbe ; e~ms ssveraUy become due ud p~yabls. witAout demand or aotice, or Ic) in the event e~ch and evary the stipulations. agreemsnta. wnditio~u and ooveaants oi ~aid. pmmissory note ~nd this moctgage. any or eithe~. ~rs not duly. promptty and tuUy psrformed. disel~arged. ~ecuted. eHected, completed, oomplied with ~nd abided by. t6en. in either or any snch event. the said aggregate sum mentioned in aaid promissory aote tAen rem~ining unpaid. wlt6 interest aocrued. u~d ~11 moneys secuted Aersby. ahall become due and p~yabM fatbwith, or thereaftet. ~t the optioa of said Moctgagee. as f~illy ~nd oompktety as [f all of the said sums of nomey ~vere originelly stipulated co be p~id on such day. anythiag in said promiseory note. and ot in this mortg~ge to the eontrary notwithstanding; and tFbreupon or tbere~ttet at the optioo ot edd Mortg~gee, without notice or damand, suit at law or in equity, thetetotore, or there~itar begnn, may be prosec~ted as ii ~11 moneys secured Aersby 'a~d matured prior to its iastitution. T. Tbat in tl~e event tdat ~t the beginning ot or at eny time pending any suit upon this awrtgage, or to toreclose it, or to rsform it. andlor to enforoe p~yment of any daims harennder. eaid Matgages ehall apply to the oonrt l~aviog jurisdktan tl~ereof for the ~ppointmant ot ~ Receiver, sncb oo~ut ehall torthwith ~ppoiat a Reosiver oi said ~8~ P~~Y all ~nd aingular. including all and singulir tbe rents income profits. iesues snd revenuee irom whatever soura derived, e~ch and every of which, it being e~resdy underacood ia henby mortg~ged ~a if specificatly set forth end dsseribed in the Rrsnting and hebendum clauses hPreof, and euch Receiver elull luve ~ all the broed ~nd effettive functions and powrer~ in anyarise entrueted by • court to a Receiver, and auch appointment ( shaU be made by auch court se an ~dmitted equity end a matter oi eb~olute :iRRt to eaid Mortgagee, and w~ithout f reterei?ce W the adequacy or insdequacy of che velue ot the prope~ty mortgaged or Lo the aolvency or insolvency ~ of s~id Mortgagor andlor of the defendu~ts, and thst auch rents, profita. income, iesues and revenuea shall be appiied ~ by such Receiver acoord'u~g to tha lein and/or equity of aaid Matgagee and the practice of suc6 oourt. ~ 8. lt is undsrstood and agreed tbat this mortgage is givsn to sec~re. in ~dditioa to the note or obligatioa ~ ~bove described any a~itbnal Iwna or tuture advaucss mads within twenty years [rom date hereoi by the mortgagee to said mortsaaon or any. suocessor ip titls o! said mortgagors ot the property 1~ereby coaveyed: provided t6at tbe totd unp~id b~lance ot the indebtedne~s secured h~aby at any one tune shall not e=ceed the ma:imum principd ~~of FIVE THOUSAND EIGHT HUNDRED TWENTY fOUR (5,824,00~ ~~e li 1, plus int~erest thereon and any dieb~rsemeate made by the mortgagee for the psyment of tazee, or insuranoe on the property encumbered hereby. with intereet on such disbursemente- IN WITNE33~ WHEREOF, the said Mortgagor hee e:ecuted thie mortgage under eeal on the day and yesr herein first above written. ~ 3igned. ~led ~nd delivered in the preaence of: n , " ` - ~ . ~ ~ ISEALI r c n J ISEALI ~ Eve yn . Jaco ~ STATE OF FLORIDA aa. ~ COUNTY OF ST_ LUCIE ~ Richard M. Jacobi and Evelyn B. Jacobi, his wife of 540 NE ~ Before a~e personally sppasred ~ Kay Terrace, Boca Raton, FL. 33432 ~ ~ ~ to ms weU known ~nd lmawn to ms to be t6e individuaL.S de~rn'bad 'm a~ w6o ~ecuted t6e foregoL~g and ~dmowlsdgsd befors ms that ..~s..~f ezecnted the same tar the p~uposes tl~ersia . . . ~ ~ ~ W1TNE33 ~y e.na .nd o~ ~ c~ 30th ~y ot J, : ~ ~i:' . --.'4~" ' . / Y ~~y`. r` ~ ~ ~~PK 312 Fa~:r 1~.3. ~ ~b~ ~ _ . i. ~ : the County aad 3tab _~t'~ i t` y " ~ •.\~~S` ' ~y n~~~~~4 , , £