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and shall perform, comply with and ~ abide by each and every the agroerrtents, sttpulaNoris, eortdtttona and
eat?enanls thereof, and of this mortgage, then thin mortgage and the state hereby created, shall cease. de-
termine and be null and void.
the ntorfgagor Newby further eovertanfs and agroes to_-pay promptly when dw the principal and
tnleresi and other sums of money 'provided for. in said note and this mortgage, or either; to pay all and
singular the faxes. assessments, levies, ltabllftiet. obligations. and encumbrances of every nature on laid pro-
perty; to permit, commit or auf
ter no toasts. impairment or deterioration of said land or the irnpwwments
lherecn of any time: to deep the buildings now or herRajter on aafd Iond fully insured in a sum of not less
than the full insurable value
in n company or companies acceptable to the mortgagee. the policy or policies to be held 6y, and Naynble
to, said mortgagee. and in the ewnf arty soot of money becomes payable 6y virtue bf such insurance the -
mortgagee shall have the right to recetue and apply the name ea the indebeedness hereby aecwrd, accounting
to the mortgagor for any surplus: to pay all casts, charges. and expanses. including lawyer i jest and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the- mortgagor to promptly
and fully comply with the agreements, afipulafiona, certditiona and covenants of said note and thin mortgage. - -
or either: fo perform. comply with-and abide 6y each and every the agreements. attpulations. conditions and
covenants tee forth in -acid note and Chia mortgage or either. In the ewnf the mortgagor jails to pay when
due. any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this -
mortgage. or either, the mortgagee may pay tj,e same. without waiving or _af
feeling the option to foreclose _
or any Other right hRMURder. and all stick payments shall'bear interest from date ther+eoj at the highest law-
f ul rote then allowed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within thirty days next after. _
_ the same becomes due, or if each and every ihR agreemenf3,`stipulattons. rnndiltons and eownants of sold
- note and this mortgage, or either, are not fully performed, compiled wfth and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or _
thereof
ter, at the option - of the mortgagee, become and 6e due and payable, anything in said note or herein
to the confrory notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not rnnstifute a waiver of nay rights or options under said note or this-mortgage accrued or -
lhereofter accruing. - - _ -
_ - ~n ~I~~SS ~~f, the said mortgagor has hereunto signed and sealed these presents the -
day and year finl above wri:len. -
Signed Baled and deliver in the presence oj: -
nald H a Coh~~'rl~ .
- - • - Cllr--••-.----
- -
s ~ o a ~ ~C ron ~ an ra Ha er Cohran
~ -
STATE OF F:.ORiDA,
Cot11'TY t~F ST . LUCIE
- _ I HEREBY CERTIFY that -on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, pcnonally appeared
RONALD HOWARD COHRON and SANDRA HALLER COHRON, his wife,
to me known to be the person$ described in and who executed the foregoing instrument and they acknowledged
.'r" _ -
hefure me that they executed the same. _ -
W17:vES5 my hand and official seal in the County and State last aforesaid this f 6 day of
September, A. D. 19 79
Notary Public; :sta~tte of o~.~de
. , T\'
1919 SEQ 20 A~ 20 at Large . .A r.:~--r, . ~ ~ • h
- My Commission ees:_~ ~
I FIlEO AN6 NtClikf.~E 0 ~ -
` ST. WCIE C~JtiTY.fIA. ~ ~ „ ~ ~ y'~ _
- t...~
ROGER POtTRAS
CLERK CIRCUIT C .T '=~s:zt:a
Rcfx3Rl1 ViP.IFlFtI
a
453'799 -
Tnis In:lrum°++t Pn?pateG fly: ~
TI,u I,wrr»»c„i prpr,~rJ by: Mlc~~t_ o'HAIRE ~n
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