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12. Ap-ything in this mortp.., or itl. the promi8aory note secured hereby to the
contrary notwithstanding~ if any in~talmeDt of priJ1e1pal or intereat of said QQte or
any part thereof is not paid within ,30 'dt..ays of the date due. or if any other sum
secured hereby iB not paid within 30 days of the dat.e due; then all of the indebted-
ness secured hereby shall become and be immediately due and payable at the optioo
of Mortgagee. without notice or demand which are her~y e~reB8ly waived. in which
event Mortgagee may avail itself of all rights and remedies. at law or In E~uity.
and this mortgage may be foreclosed with all rights &nd remedies afforded by the
laws of Fl~rida and Mortgagor shall pay all costs, charles and expense", thereof,
i~CIP:~~:~,.r~.~onable attorney's fee93739 FlEO ~ND'RECQUED J'
::. "_:~'~ , , '.>.,'\ ~:; \ 'N~c...l;A<i: ;:,:600K ,
' :::: '-.' ~';.: ,',} 1961 APR - 4 AM 9: 08 "
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~\,\.'> ....... '",>,' ',' RGGEit POITRAS. CLER.':'
,. ~'" .'" .SL LUCIE COUNTY, fLORIDAk.
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_~ j 1X If the indebtedness ~ured hereby u now or hereafter furth~r leCured by chattel mortraga, pled,.. COUtr1lcta 01.
suaranty, ass;gnmt'nts of leases, or other aecurities, or if the PftmUea hereby encumbered coruis~ of more than one pared, Won.
gag~ may at its option exhaust anyone cr more of laid aecuritics and the accurity hereunder, or auch pucek 01 the te(urity
hereunder, either concurrently or independently, and in luch order u It. may determine.'
14 16, No delay by Mortgagee in exercisi~lr any ri<<f1t or remedy hereunder, or otberwUe alforded by law, aha1l operate AI .
waiver there-of or preclude the excrciJe thereof dulins the rontinuat'ce of any default hereunder. No wai.... by Wortppe of any
default Ihall c-:>rlt;tute a wai~r of or content to .ubtequent defaulta.
~, Without affectin~ the liability of any penon (other than Ally perwa ...Ja.d punua:t ~~ for ~ 01 any
in~~tedness secured hereby, and without affectinl the priority or ntent of the li= hereof upon any pn>>pertJ DOt ~.....",
rele~ pu...uant hereto. MortgalCC may at any time and from tisr.e to time. without J'iOtice and without mmtation u to I.rJf
legal right or privilege of Mortgagee:
(a) Releue any penon liable for payment of any jndebtednea cecured hereby.
(b) Extend the time or agne to alter the terms of pa}mcnt of any of the in=aebtedMII.
(c) Accept additional security of any kind.
(d) Relea!e any property leCurinl the indebt~ne1l,
(e) Conscnt to the creation of any ealement on or over the pnmUea or any COWDUta l.tli",-uns \Ue ,01' ~
thereof.
16 J:l[, Any agnement hereafter made by Mortlasor and Mortgagee punw.nt to this mortlase .hall be IUperior to the riahta
of the holcier of any intervening lien or encumbrance.
1 7 1:1, Mortga~r hert:by waives all right of homestead cxm1ption in the property subject to thiJ mol'tpfe.
18 ~, The covenants and al(feemenU herein contained lhall bind and the benefiu and advantqa abal1 inure to the reIpeC-
tive hein. executor,. administraton, IUcceuon and usigns of the parties t>~reto. ~ereYet wed, the rin,uIar DUmber mall inch.>de
the plural, the plural the linsular, and the use of any ICnd~ m:lll be applicable to aD s-endefl, An C:OYeDants, ..reementa and
undertakinltJ shall be joint and IeVeral. In t1,e event additional numbered co\'CnanU are for convenience iruerted in this martIAl'!
following the legal d~:cript;on, luch additional covenanU Ihan bo! read and given effect &I thoulh followin3 this covm.ant in con-
lecutive order.
I
IN WITNESS WHEREOF, the said mortgagor has caused these presents to be slgne~
in its name by its President attested by its SecretbrY
and 1t.-s,.corporate seal to hereunto affixed the day and year first above vrl tten.
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~1gn~~, Seale~, and delivered in
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(CI')RPORATE SEAL)
aur BY~::;;.u,-#~ erff!:JZ
( ~rIJ;.-A r
A'rrESt-kJ ~ - -/"tr ~ L~~ _
liCre y
)
r.OUNT{ Of NEW YORK) ss .
I, an "ff1cer authl'lr1zed t{') take ackn"vldgements ,rr deeds according to the
lavs of the rJtate "f New York lhUy qualified and acting hereby, cert-
ify that Gardner Cowles and Don \i . Huber
respect1 vely I as President and Secretary (\f the
Cowles Real Es'~ate COr}:.orat1on to me personell.::r imown, this day acknov-
le~~ed bef,.,re me that they' executed the foreg,,1ng IDl\rtgage as such officers of said
~;t'!"t1I')Jhi}Uld that the~r affixed there~ the ,.,tf1c18.l. l'eal (\f said ct"rporat:i.onj
anti I, t'lr~..eertify that I knov the salli persl')ns making said ac)uulvledgment(s)
",t." '."be, ~h~..~({t.v1dual(8) described in ~ vb..., executed the said mortgage,
: ".'. ,II W~J!~~ VRERENP, I have hereunt,., set my hand and otfical set:l..'\. at
.~ ~~.J~ :~7W: York said County and 3tate, this 2,3rd day nt March
..J) -:1>1. . J " I' ,_
- -. .~': t,' "". :" , :JOHN r. HAR::rI('l
I,> , '",~': .',\ 'J Noblry Public, St~te of f,ew YorJc
, ,'. No. 31.1673475
"',~J; I ':"~" QualIfied In New York County
CommiSSIon Expires March 30, ~ ~63
STATE
NEW YORK
Of
,
j
Expires: