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an~ s~~a~~ pe?~orm, c•omply u~ifh antr ahic~e tiy pn~~ti an~ enrry fhs ngreemenb, stipu~aflons, co?tdlfions ant~
co~~an~nls fhereuJ, and o~ tl~ia mo?fflagr, 11~en fhis mort~a~e and fl~e eatute he~6y created, shnll cease. do-
Iv~mine and 6e null and i~o~d.
iin~ ftip morfgagor tien~by (urfhpr cov~nanta. ane~ agree~ to pay promplly when dus 1h~ prlncipn[ nnd
infernsf ancj otti.•r sums o~ money provi~ec~ ~o~ in :Qi~ note an~ ftiJ~ morfgage, or eif~er; fo pnr u~~ and
sin~ular fl~e ta.rPS, assessmpnfs, IPVTPl, ~iuf~i~ifies, o6ligaftons, and encumbrances of every nafure on aald pro-
perly; fo permil, commll or aulJer no urQ~te, impai?ment or defe~toraflon o( sai~ ~and or f~s improvements
Ih~?ron al any 1ime: to RPPp Illl~ tiUII~IIIfl! nou? or he?pa~fc~r on satd land ~ully inaured in a sum o/ ~ot lea~
~ha~ TWO THOUSAND SEVEN HUNDRED EIGHTY ONE AND---48/100-----------
E in a company o~ companies accrpfa~i~e fo fhe mortgagee, the po~tcyr o~ po~icies to 6e h.Id by, ond puyable
~ fo, sai~ morfgagee, anc~ in f~e evenl uny aum o~ money becomes i,aya6le 6y uirtue oJ sucti tntu~nncs t{~e
~ morf~agPe s~a~~ hni~e ftie ?1gh! b receive nnd apply Il~e same to tl~e tnde6lednesi hereby secured, acrounftng
~ to ftie mortgagor (or any surp~us; fo pay qII COSIJ, c{~a?ges, anc~ expentes, inc~uding ~Wyp?~~ jees nnd Itf~e
sParc{~~s, rpasona6ly incurre~I or paid ~y Ihe mortgagee tiecuuae o~ the ~ai~ure o~ tke morlgngor to prompf~r
, and ju~~v comp~y u~ilh 1{~e agreernents, sfipu~atlons, conditio~s and rnvenants oJ said note and Ihis mwlgnge,
E or eifh~r: to perJorm, comply u~tth and a6ide by each and PUP/y Irt@ agreements, stipulattons, eondilions and
conennnis s~t Jort1~ in said note and tl~is mortga9e or eitl~er. /n Ihe euent tF~e morfgagor /ails to pur when
due any tax, asses~ment, insurance p~emium or otl~er sum oj money payu6le by pirtue oJ said note and Ihis
morfgage, or eifher, Itie morfgagee may pny 1he same, wifkouf ~uaiving or u~~ecfing the opfion to ~orec~ose ~
or any otl~~r right he?punder, anc~ all such paymenls sI~aII 6ear inlereat /rom date thercro~ a1 the higf~est law- ~
(u~ rute 1{~en allowe~ by fhe laius o~ fl~e Stafp o/ Floridn.
~
ll anv sum o~ money hen~in ?e/PRPt~ fo he not rom 1~
p p y paid u~iftiin ten ~ays nexf a~ter ~
ttiP snmp b~~comPS clue, or if eacti and e~~ery ftie agreements. sfipulations, conclifiona and covenartfs o/ snid ~ ~
notP and this mortpdc~v, or either, are not fully per/ormed, complied wii1~ and abided 6y, t6en the pnfire i ~
sum mentioned in aaid note, and this mortgape, or 11~e entirr balance unpaid thereon, sl~all ~orthwith or ~ 1
~ f~ereo~fer, al Itie opfion o~ fhp moHgafl~e, tiecome an~ be due and paya6le, anyf{~ing in sai~ nofe or herein
fo !hP confrary notu~ill~stancling. FaiG~re hy ftie morfgagee fo exerciae anq oF fhe rig~ts or optioru herein ~
~ pro~~ie~e~ sha~~ nol consfeh~tp a u~niner o~ any riptifs or opfions uncler sai~ note or t~is morfgage accruec~ or
i Ihrr~a~ler acc?uin~.
f ~n ~itness ~hereof ~
i ~ Itip saic~ morfgagor ~ins tivreunio si,qnecl oncl sealecl fl~ese presenls ttie ~
~ ~1ay an~ y~~ar Jirst abOi'P ivrif(en. ~
~ ~IIJ/IP('. SPa~P(~ [III~ ~P~II~P?P~ Ul ~ PSPIIfP O~: ~
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i • ~ ep M. Cubow, j ~
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~ ~ Lihaa L. Cubow, his wife
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STATE (~F FLORIDA, ~ i ~ I
COU~iTY OF St. Lucie
I HEREBY CERTIFY that on this day, be[ore me, an ;
o((icer duly authoriz~d in the Stat~ a(or~said and in th~ Counry aforesaid to tak~ acknowledgm~nts, prnonaily appeared
~
joseph M. Cubow, jr, and Linda L. Cubow, his wife ~
to mr known to Fx thr p~•rsonS dFS~ribed in and who fXfCU1~d th~ forrQOinq instrument and they acknowled~~d ~
beforr me that t}1@y ~xccuted 1h~ sam~. ~
~tilT\F.SS my hand and official seal in thr County and Stat~• last a(or~said this 26th daY o( `
February n. ~9 79 . .
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~ • RECORDED ~ G ~ ~ ,
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i~?,~iV-i`r _ ~ '~,~'fa t~ ' i `
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Mt ' - t r v r ~ ' • ~ c ~ (~R1aA ~l , tAR~'j d ( r ~ ~ - .
+?g 29 PI~ ~Z ~ 3 ~ ~ ~ ~ t -
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77iir Iru~ni~nr~d pr~prrr•r/ !ry: Shirley j. McSwain . ~ t
.-IJJrr.u First National Bank of Fort Pierce ~ ,
Post Office Box 970 ~ P
Fort Pierce, Florida 33450 sG~r `'a!'f ~
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