HomeMy WebLinkAbout1400 nnd shall t~r/onn, compfr wiih and nbtd~ by w~cl~ nnd et~ry tht ogreomvnb, sttpulQUona, eonditiw~s and
conenants therewl. end oj ehis mortgaga, ~he~ this mortgapa. and tk~ estat~ heroby created, sl~all cwas~?. d~-
lermi~e and 6e null nnd ~aid.
~ the mo~lgngor I~en?6y /urther c~ovennnls and ngwes to pay promptly whvn due tha princtpal and
infe?rst and ot/~er sunu oj money proviclecl Jor tn satd nots a~d thts morfgoge, or aittier to pay a~~ and
singu~ar the fa<es, assessme~fs, levtes. ~ia61~ities, ob~igafions, and encumbronc~ss o( every naluro on sait~ pw-
perty: to pr?mtt, commi! or su~~er no was~e, impairmenf or detertoratto~ of :atd bnd or ftis improvemenb
thereon at any fime: to Irerp Ihe 6uildings now or herrnjter on snid lnnd Jully insund in a sum oj not less
f~an .
ia a c~ompany or compnnies acceptuble fo ttie mortgagee. !he po~tcy or po~tcfes to be he~ by. anc~ pn~rab~e
to, said morfgagee. anc~ in t1~e evenf any sum o( money bec~omes Poya6le 6y uirtue o~ such insurance t1~s
mo?fgogec+ shall have !he right to ?ecetve and apply the some to tke indebteclness hereby secured, acrounting
to t~e mortgagor (or any surp~us: fo pay a~~ cosfs. charges. and exper~ses, including ~awyer s f
ees ane~ tit~e
searci~es. ?easona6ly inc~~-.+e~~ or patd 6y tl~e mortgagee 6ecnuse oJ Ihe /ailure oj ehs mortgagor to pron?ptly
and juUy comply wilh Ihp ag?eements, stipu~afions, rnnc~itions and c~ovenants oJ said note and t1~is ~nortgaee.
or either: to per/o?m, comply u~itl~ and a6ide 6y each and a~ery !ke agnen~ents, stipulalio?u, eonditiort~ nred
covenants sef jorth tn said note and fhls morigage or either. In ti~e enent the ~no+igagor /atls to pay when
due any tax, assessmenf, insiuance premium o~ ofl~eer sunt oj mo~ey pnyu6[e b~r virtue oj saic~ note and i~is
mortgage, o~ eil~er, the mo?tgagee may pay the snme. wifhout wai~ing o~ nf~ecting f~e option to Jorec~ose
o~ any other rigl~t 6ereunder, and alI such pnyments shall benr inlerest j?om date lhereo~ ne ehe ht9h~t l~w-
~u~ rale then a~~oave~ ~y l~e ~aws of Itie Stafe oJ F~ori~a.
7` any sum o~ money /~erein re~e?recI fo I~e not prompfly patd wilhin clays next u~ta?
Ihe same bec~omes due, or i~ eacF~ and every the agreements, stipulutions, eondilior~.t nn~ conenants o~ said
note and this morfgage. or either, are nof jully pe?(ormed, complied witl~ and abtded 6~, t6en the entire
sum mentioned in said note, and t/~is moriguge, or t1~e enti~ 6alance unpaic~ the~eon, aliall /ort6with or
thereaJfer, at Itie oplion of fhe mortgagee, become and 6e due and papa6le, unytlting in said note or Iteretn
lo !tie contrary notwit{~sta~ding. Failur¢ 6y tl~e mortgagee fo exencise any o~ t~e righfs or options ~erein
provie~e~ shall noi" rnnslilute n waii*er oj any riq~ls or options under saic~ nole or this mortgage accrue~ or
t~PfPQJIer accruin~.
~n ~~~1~ I~e said mortgagor F~as I~ereunto signed nnd sealed tl~ese presents the
c,ay anc~ year (i?sf aho~~e u+rillen.
$ignet~ an e'~ in ihe presence o~:
- - - •N=-- -
• - ~
-
~ - • -
.
;
~ ~ _._e-~--------------------------
~
, _
~
~
~
F
~
STATE OF FLORIDA, ~
COU\'1'Y OF 3t. IsttCle
I HEREBY CER?IFY that on thu day. be[ore rae. an
officer duly author'ued in the Stat~ a(oresaid and in the County aforrsaid to wke ackaowkdgments, penonaUy appeared
Joseph H. Coggin and Yvonne B. Coggin, his irife
~ .
to me known to b~ the prrson described in and who ~xecutcd the torrqoinq instrument and ~~~~wtrfetl~+ed
before me that they ~:rcuted the sama QJ~'
HIT~ESS m~ hand and official seal in thr County and Statc last a(oresaid thu =~~L ~~e'~, V~Yd
_ ~ o .F-
~ A- D• 1957 3:~_ 4 v:`L
C ~ . .r -
_ . .
~ • .
.
~ ~y, QV G .
~ f , S~~-
~tIED AND RECOftOED~_ ,~«--f-~__
ST, LUCIE COUNTY. FLA. ~
Rf CORI? VERIFIFD
16~1~ NOTART PUbIIC, 57ATE of RORIOA m LARGE
MY CQMMIS51CNd EXPiRES IUNE 21, 1970
~sT oEC T Pa 3: z T TwpM~w G4FD ~7. O~ESTEIMORST
~
i: :~~i? i-OITF2~S
CLERK CIRCUIT COURT
Y~6f ~t~ ~
. i t
~
_ - - - - _ _ _ _ _