HomeMy WebLinkAbout1135 . and sRall perform, comply wifti and a6id~ 6y ~h and ei~ery t/ie uprosnN~fa, alipujatioria, coR~Ilflons neu~
coi~enonts tke?eo~, and o/ thia mortgas~~, l~en thb mortguge nnd Il~s s~tate 1?anby created, ahaU osas~, d~-
termine and 6e ~uII and uoid.
~ the moNgagor hew6y (urther oovenants and a~roa to par promptlr when dw t1~ princtpal wtd
interesl and ofber suma of money prouided (or ta said note and thb nwrtgags. or Nlher: to poy QU a~d
itngula~ f~e taxes, as:esamenb. jevies. ~tabl~ittei. objlgafioru. and er~cum(~riancei o~ ewrp natun on sald pro-
pe?ty; to permtf, rnommit ar tu~~er no wafe. impainieenf or deterianfton o` iatd ~nd or t~u tmprooananb
f~er+ecn a1 arty fime: to ~eep !tie bui~ines now or ~eroa~ter on aatd ~und ~u~~y tnsur~ tn a sum of not ~sss
tlean the highest insurable value
in a company or c~ompenies acoepfnbje to the mortgagee. the po~icp or po~iciea to ~ he~ 6y. ~d paya6i.
~ to, aatd mortgagee, anc~ in fhe evenf anq sum of money becomes a,~xi6fe 6y virtw b( suc~ i?uurancv t~~
inorfgagee sl~all have tke rlght to receive and apply ths sane to tkt ir~d~btedneu here6y s~cured, aceounttnp~
to f~e mortgagor jo~ any aurp~us: fo pay u~~ costs. charges. and expensss. i~cltu~ing ~awyer i~tts and ttt~i
searcl~ei, r~ona6ty incw,~i o~ ~~d by ibe morlgaqee ~ecause of the (ailure o~ the enortga9or to prontpflf
ane~ (u~~y c~omp~y wit~ the ng?eemeats, stipulatton~, c~ondittont and oo~enants o( aatd nots ared t1~ts wsortga9e.
or either; fo per~orm. ~o~,iy wtrR a,~d abtde by ~ch ~d every llee agreemenb, afipu~afioni, conditioru and
~ covennnts set fo?th tn satd nofe ared this rnortgage or eif~er. 1n t~s ~rent t~te rnwtgagor ~ai~t to pny when
due any tax, auess~ent. lnsu?ance premtum o~ otl~er surrt oj mone~r pa~ra6le 6y virtue of satd note aru,~ f~ia
mortgoge, or eilher. ti~e mortgngee may pny f~e iame, witlwut waiving or a~~ecting the option to (oreclose
or any o1F~er Nght hereunde~, and all aucl~ paymenb shaU bear inlerest /rom dnte ther+eoJ at t6e higkeat Iaw-
~u~ rale i~en nllowecl Gy fl~e ~awa oF t~e $tnfe of F~o~a.
nny swn of money he~ein re(ened fo be not prompt~y pntd wiltiin days aext a~fer
'the aame bec~omes due, or tj each and eve?q the ngreements, stipulntioru, eondttior~,t and covenonb oj said
note and this mortgage, or either, are not /ully ~Jo~ed, complied with and abid~d 6y, tl~en tlee sntire
sum mentioned in aaid note, and t6is mortgaAe, or the e~tire balanoe anpaid tl~ereon. ,haU jorthwteh w
therea~ler, at f1~e option o~ llee moHgagee. 6ec~ome and be due and payable. anythtng in said note or ~ieretn
to ihe contrary nolwil/uianding. Fai~ure by the mortgugee fo exenctse any _of t~e rig~its or optio~u herotn
pro~ided sha1l not c~onsfifute a wniver o( any rtg~Is or options under saial note or thit mortgage accrued or
therea~ler accruing.
~n ~~N,~ W,s~"~~~ I~e said mortgagor has heerunfo signecj nnd sea~ l~eese pr+eteats the
day ancl year ~irst above u~riffen.
Si ne Ic?d and deli red in t presence oJ:
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acob B. Cobb, J . ~
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ollette B. Cobb
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~ STATE OF FLORIDA~ ~
~ COUNTY OF ST. LUCIE `
I HEREBY CERTIFY t6at on thu dar, betore me, aa
g officer duly authorized - in the Sute a(onxaid and ia the County atoreiaid to Iake acknawkdgmenb, personaUp appeared
~ Jacob B. Cobb, Jr. and Collette B. Cobb, his wife,
~ to me known to be the penon g describcd in and who executed t6e toregoing instrument ~na they acknowTedsed
~ be(orc me thatthEEy executed the same.
, W17TESS my hand and ot(icial seal in the County and Statc last aforesaid this ~ •day ot
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~ June A. D. 19 7 3.
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~ ~1p11' F~~~'~•,,~-~~;-j ary Public , State and Count
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` ' '~,~~~`~T; Aforesaid. My Comm. Exp -
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g • ' vt e~ e.M.^. ::.~:R„ED
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~ SZ ! ~:;tiiY FLA.
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R~;c- =AS ~
~ C~ERK - : i' CC~'Rj ~
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~ .wh 15 i~714 AN'73
~ I~iis hutrumcnt ,r rcd b : ~
P P~ y Frank Fee 256912
~ Address First Federal Bldg. ~
: Fort Pierce, Fla. 33450 ~ `~t~
} 'R~i~ 1133
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