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To plaa ~nd contMwou~h? IcNP on tM buildlnQ{ IWW Of MfNNN NtViN Of1 NId Ia~I N1d 011 ~II lqVIQfMIM ~I1{I ~f/OfHI~Y COVN~ ~ 1I~i 11Wf1¢
p~, with all pnrt?iuna thK~on p+id L~ full, fin insw~nc~ in tln ~w+l sta~dud policy fonn, in a awn +pprowd by th~ MORiG~?GEE, Md windatonn
in~w~e~a in ~M uswl qu~da?d poticy fonn. in ~ sum ~~xowd by tM MORTGIIGEE. in wd~ ca^P+^Y +s tM MORTGAGEE may
dinttj M+d all fln and windttorm inwrano~ polities on any of uM buildinpa, ~ry/ Inhnsl tMir~in ot put tMtwf, in tFw aQprsy~q wm ~fo~M+W or
in ~xaa tMnof, tMll oonuin tM ~swl standard ma~9+pe~ cl~~ or s~cfi otlw~ d+uN a tM Matpa~ mry nquin. +n+kk~p ~M lou s+~d pol}
ci~s. McA ad ~vKY. WY~bb 1o NW MORTGAGEE as itt Interpt m~y appw. ae~d ~ach and ~w+Y ~vch Policy ~hall b~ p~omPrly u~:ynad ~nd dNivKed to
any Mid by s~W MORTCsJ1GEE ~s fwthu Ncwity to aid morty~ ~ebt. u~d. ea~ las th~n t~n l10) days in +dvana of th~ ~xpiratan of ~ad~ Po~icY. to d~
I~~.. ro uid AAORTGAGEE ~ ra~ewal tfwrwf, top~thK with a ~~cs~pt fa th~ pnmiwn of wd~ ~~watj ~+d thx~ sh+U bt no fu~ w windst«m i~wanc~
plaad on aey of taid build'irg~. ~ny intNNt tMr~ w put tF+erwf, ~nl.ss to ~M form ~nd wi~h tl» bss p~yabb u ~fw~iaidr ~?id i~ tIK ~wnt ~ny wen
of mp~y becon~s p~ysW~ urw~ wch polky ar pol;ci~s Wid MORTGACsEE shall Mw th~ option ro rocaw and ~ppy th~ s+m~ on +ccouM of th~ inc4bted~
neu s~cw~d hw~by a b pKmif s~id 1NORTGAGORS to receiw and us~ H o? any part tlkreof fo~ other pwposes, wi~houf thsr~b,l waivirg a impah-
Inp ~ny quity, IMn a ripht u~ a bp viAw of this mort~+qet in tM ~wnt wid MORTGAGORS shall for any reawn f~il ro ke~p ~he said p?~misss w
insur~d, o~ f~il b d~liwr promptly any of ssid policies of insws~u to wid MORTGAGEE, w f~il p?omptly to pay fulfy any premfvm therefw a in any
resp.ct f•il a pKform, dhch+ry.. uc.n,n. •ff.cb ca~Pka. compN wirh and •bide by ~l+is aown+nt, Of My ~t IMflOf, s~id MOrt7GAGEE m.y pl~c• s~+d
WY for wd~ lmwar~ or ~ny part thaeof without w~ivioy a~ffedirg +~Y oP~~a~ ~i~n. p~ity, or ri~h1 ~ndK or by virtw of this Mat~a~e. ~nd tM
futl amowu of ~ad~ and wKy wd~ paymM+t sMll be immsdiaroly dw ~~d pay+bM u+d shall b~u interat fron? tM dat~ thereof until paid at th~ ~~b ol
nin~ pK ceruum pw airwm and topolwr with s~xh intaest ih+ll be secvred by tM li~n of this mortpa~se.
To pKmit. oommit a wffa no wsst~, imP+irmer?t or detarior~tion of ~aid property a any pa?t thereof.
S. To p~y all and sinpvlar tM coa», chupes u~d ezp~ns~s, inctudinp a roaion~bk dtorney's fe~ and cosb of abstr~cts of titl~. inam~d or Wkl at
any tin~ by wid MORTG/1GEE, b~cws~ w ie th~ tv~nt of tl~e fsilvr~ on tM pa?t of tFw said MORTGAGOR to duly. Wow+pt~Y +nd fi+lly p~.fonn, dischuy~
~xecut~. ~ffed. compleq. aomply with and ~bide by ~sch and every ths stip~lations, apreemenn, co~ditw~s, and oown+nls of said promiuwy not~ and thi~
rt+ortpap~ ~ny a ~itha. ~nd s+id oosts, chu~s u+d ~xpe~ses. ~scA and ewry, ahall be immediately due ~nd pay~blet whetl~ a ~ot ther~ bt notiu dr
mand. ~mmpt 1o colbd or wit p~?dirg~ u~d tM fu~l ~naunt of each and rwry wch WYmem shall bes. int~r~st from tM daro th~reof until p~id at the
?ate of nin~ per centum per ~mwm; and all said cosn, ch+r~es and expensaa innund w p~id, to~ether with such iMerpt, ah+ll b~ s~curd br the liw~ of tlir
6. 1Mt in fhe ewnt of ~ny bnach of thi~ Mortpape or daf~uh on fhe parf of the MORTGACaOR. or (b) in tM ewm any of w~d wr~a of mon~y
her~in rehrr~d ro bs not promptly and fully paid within thirty (30) days next after the same sevcrally become dw ~nd pay+ble, without demand a notic~,
or In tiw ~wm e+ch and ~very the stipulatiorn. ~greemenn, ca~ditrons ~nd coven+nb of s~~d promiuwy nole and th~s mort9+p~ +nY o~ ~7tM~ sn nol
iuly, p?anpHy aid fully pafwmsd, disd+aryed. eaecuted, effected. completed, com~lied with arwl abided by, tM~ in ~itMr a a~r such ~wm tlw ~aid
prepst~ wm m~ntaned ia wid promisswy note then remaining unpaid. with interesf acuued. and all mon~ys ~ecvr~d.l~eby, sMll beoomt dw and pay~
~bl• fOffIfWlMy OI fIflfNffN, ~t th~ option of taid MORTGAGEE, u f~lly snd completely at ii ~II of the ssid sw~r of ma~ey v+~re oripinally sttpulatcd
ro b~ paid on wd~ daY. anythirg in s+id p.omiu«y noro w tn this Mwtysp~ to ths conrrary ~otwi~hu~ndinp: snd tlwreupon or thereaha at tM option of
•~id MORTf3AGEE. without notic~ or d~mand, wN at law o? in p~ity, therefon or tFar~aha begun, maY b~ pros~wt~d u if all mon~ys Ntw~d lwsby
had matwld prior to its inatitvtion.
7. ihat in tM ~ve++t that ~t the beginning of or at sny tim~ pe~dinp any wif upon this Mortgay~, or to to?~cbs~ h, w W refom~ it, a to enforo~
payment o! any dai~ hereunder, s+id MORTGAGEE shall apply ro the CovN Mvinp jwadrction the~eof fa tM sppointm~nt of s Raceivtr. such Court sMll
forthwith spEwint a nteivK of si mat9aged propestY all and sirgulu, includ~np all ~nd singvlar the incan~, profits, iuws u~d rewnues from wMtsver
source derived, each and every o~wliKh, it beinp expreasly under:tood, is hereby mortg+ged as if specifiully set forth and describad in th6 pr~ntinp and
habendwn dawes hereof, ~nd wch Reuiwr sh+ll h~ve all the broad and effeaive functions snd powen in anywiw ~ntr~sted by a Court fp a Reuiver, and
~uch sppointmsnt ihsll b~ made by wch Court as an ~dmined equity snd ~ m+ner of absotuq right to s~id MORiCsACaEE. and without nfer~nc~ W tM
adequscy or inadsquacy of tM vslw of the prope~ty mortgaped or to the wtve~cy w inwlv~ncy o( said MORTGAGOR w the defendants, ~nd that such
renn, profits, incane, issves and. rwenues shall be applisd by such Receiver accordinp to the lien w equiry of said MORTGAGEE and the practiu of such
Court. •
8. To dvly, promptly ~nd fuily pafom~, dischsr9e, execute, effect, complete, comply with ~nd ~bids by each and ~very the stip~lations, syraeme~b.
conditions and oovenanri in ~aid promftsory note and this mort~sge set forth. '
9. That in tM ~wnt the ownership of tM mortga~ed premises, a uiy pat thereof, becanes wsted ln • person other th~n the MORTGAGOR, tl+~
MORTGAGEE, its wousso.s and auiy% may, without notice to the MORTGAOR, deal wi~h such sucussoa or wcc~ssw io inre.es~ wi~h refera+ce to this
mortgape and tM debt hereby secured in th~ s~me msmer a~ with Mortgagw without in sny way viti~tinp w d~xhu~~ng the AAorty~gors' IiuWlity hen-
under a upon tM debt hereby sewred. No sale of the premises hereby mwtgaged ~nd ao forbearanoe on the pan of tFN MORTGAGEE « in warsso.s
or etsigro ~nd no extension of the time for the payme~t of the deb~ hereby secured 9iv~n by the MORTGAGEE a its ~uccessors or ~uipm, s1u~~ aP~?+1~
?o releas~, dsdwr9t, modify cMnge or affed the original liabi6ty of the AAORTGAGOR herein, either in whole or in ps?t.
10. It b ~pacifically agreed that Yune is of the cuence of this contract and th~t no waiwr of any obl'gation hereunder or of th~ oblipation sr
cvred hereby shall at ~ny time thereaher be held to be a waiva of the terms Mreof p of the i~strwneM secw~d herby.
11. In addition to the forego:ng monthly payments of princ'pal and interest ~equ~red by the promisso?y -no?e secured hereby, mortgago? cownanri
and agraea to pay ro mortysgee with eath monthlY paYment an addiiwnal sum estimated by mortgapee to be eqwl to 1~12 of the annual tost of the follow-
ing:
A-All real property tsxes kvied or sssessed against the above described resl estate.
B-Premivhis on fire and windstam insurance as herein requ:red to be carried on the improvem~nt~ sit~ate on the sbove described ptemises.
I~ C-Premiums on such mortgsge guaranty insurance as mwtgagee shall from time to time deem fit to carry on the bsn sec~red herebY•
~ Mortyspee thall from time to time notify mortgagor in writing of the amount due and paysble hereu ar~d such sum sh+l here~pon be due and ~
; payable on the due date of the next monthly payment and each successive month theresfter until mwtg ee tl notify mortg of nge in such
emount. Such sums shall be applied by mortgagee toward the payment of real property taxes, intvra pre :ums, snd e fy i~wr+nce
f premiums.
~ IN WIT SS said MORTGAGOR has hereunto set his hand and seal the day and ~r f' t aforesa'
ed in tht presenoe of:
, n
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- - ~n E
;
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STATE OF FIORIDA ~ '
courmr oF St. Lucie ;
~f„~ ~ ~,a„~~,~~ David Cohen .~a
Anne C ohen ha ,a~r~, to me ,wen k~wn +~a wwwn to me to b. i
rhe individwb desuibed in ~nd wFa ~xecuted the fweyoirg instrume~t, and adcnowledped befwe me thst they executed ths same fw th~ purposea t
,h~,~;n t~cp,e~sed. Ar,d ,b, Anne Cohen
wife Of t~M Nid David Cohan - • ilpi?ata i~ p/iv~t~
examinaYan by me taken separate and apan from her said hu nd, adu~owledged to and befae me that she executed said irotrument freely and volvn-
rar;ly ~nd without u~y compubion, oomtraint, appreMmion, ~u of or from he? s~id husband. '
WITNESS my h+nd snd offici+l seal th~ day of '7 A. D. 19 6? i
. .~C'.G L./ _
Notary Public i~ u~d for the State of Fbrida at larp~
My Conwnission tnpirss:
Retwn Ta.
Fint ~.t s,~~, a to.~ ~~~EO AND R,~p RD~Q ` Notx~? Pub6c, State af Florida,at larQe
or F«~ vK.u. ST. LUCIE CO~NTY.•FI:A• ° ~ Commiss'wn E::~',~.~ .:,~4~:
f°" F~.~ RECORO VERIFIEO "~~.~~+~.~;;~~~•~'yL;;-,: .
: .r< -
~r 3 6~ - ~
`"~K~Q.Q~ • :
I 3 Al~1 i I' q~ =F°- ` '
- '61 fE8 • _
2 t~ . . .•-~,Y,
15 '7 ~~•~~`z~~
~;occa ?~oi~as : -
CLERK CIRCUIT COURT ~i,, ~~~~~.d
1.rr~flU:.i:~•••~
BOOK164 PAGE1834
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