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an~ stia~~ pe-lorm, c~omply u~ill~ and nbids 6r eoc-~ nnd eve-y fi~e og-eoenenta, sfipu~ationi, eo~dilioru and
co~~enunls I~ercof, and oj I~is mortpaqs, IIIPR I~u mortgags and t~s sslate ke.+~6y craatecr, i1~n~~ c~eoss. de-
fe~mi~e a~d be nu« and iwid.
~11{I~ !~~ mo-tgagor ~e-cdY ~wfhe- covenonfs an~ agrees to pny prompllr wl~en due tl~s pr~tncipal w~cl
inte~rsl anc~ ol/~er sunta a~ ~o~~pr P.o~~ded /or in saic~ note und tl~ia ntoHgage, or eilher; to poy a~~ ond
singu~ar f~e faxps, assessmenfs, ~e~iea, ~iabt~ifiea, ob~igufions. ~d ..~wn6~n.u-es o( every nalure on ~aic~ pro-
pe-ty: to pennit, commif or su~Je- no wa~le, impoi-menf or deteriw+afion o~ suid land or fhe tmprovementa
Ihencn a! any tiene: fo ~eep 1{~e hui~ings nou~ or {~e~raf ter on said land /ully iruure~ in a sum of not ~ess
Ikan full in~rable value.
in n~-ompany or co~npanies nccepfa6le to Ihe mort9agee, the policy o~ policies to 6e I~eld 6y, oRd ~ya6l~
to, said morfgngee, an~ in Iltp enent nny su~n of money becomes ~yable 6y virlue oj tuch inturance ttie
morfgagee sha~~ have fhe righf fo -eceive and npply the snme to Ihe inde6tednesa I~ereby secured, acc~ounfi~g
fo ftie morfgagor ~o~ any swp~us: fo pay a~~ costs, churges, and expenset, inc~uc~ing ~awye's feei and fif~e
searr~~s. rc=usar~a~ly inc~irr~ ar ~said ~y t~P mwtgugee ~erause o~ !he (ailurr a! l~ee mortgagor to prompt~~r
ane~ ~u~~y comply ivilh 11~e agreemenls, sfipu~afions, con~ifiona and eovenunls o~ said nole an~ i~it mortgnge,
or eilher: fo per~wm, comply witk nnd a6ide 6y each and euery !6e ag~eemenfs, sfipu~ationt, conditiona nnd
covenanfs sef ~orfti in said note ant~ t~is morlgoge or eit~e~. ~n fhe et+en! !tie morfgagor (ni~.t !o pay w~ert
due any tax, assessment, insurance premium or oll~er sum of money paya6~e 6y virlue o/ suicl note and thii
mortgage, or eifher, I~e mwtgagvp may pay f~e same, wif~ouf wntving or nf/ecting fhe oplion (o Jorec~ose
w any oli~er -i~6t 6e-PUnder, and all suc/~ pnymenfs s1~aII 6enr intprest /~om ~Iale fl~ereo(.at Ihe higl~es! Iau~-
ru~ rate f{~en a~~owe~~ tiy f~e ~ou~a o~ ftie $fafe o~ F~ori~a.
1! any sum o~ money ~prein re(err~ l0 6e not prompt~y paid wilhin 15 dnys nearf af te-
ttie samn 6ecomps dup, or i~ each and every Ihe ngreemenls, stipulalions, co~ditions and covenanls of saiel
note ant~ Ihis mwfgage, or eitl~er, are no1 )ully perjonnPtl, rnmplie~I witlt ancl a6~d~d 6y, i1~en t~-e enfire
sum mentioned in said note, nnd 16is mortgnge, or f1~e entire ba~ance unpaid t6ereon, ahnll Jorthmitlt o-
f~tien~fer, ut ttie oplion o~ Ihe morfgagee. 6ecome and 6e d~.e n~d ~ya6l~, anyttijng in said note or herein
to fke contrary nolu~il{utanding. Failure 6y ftie mortgngee to exercise any o~ the rig~fa or opttont ~e-ein
pmride+d sha~~ not consfifute a u~aic+er oj any righfs or options under saicr note or ttiis mortgnge accrued or
I~ereajfpr nccruing.
~n ~~LI[~__~~~1~ tl~e said morlgagor has heneunfo signec[ and senled these prrsents t6e
day and year Jirst a6o~~e u•~ite~. ~ IS A BAI.IOQJ 1N~C~1GE AI~D Zi~ FII~IL PAYNr3~TP OR BAI~
Di1E iIPCN I~TURITSt IS $120,000.00, TOC~I'ElE[t WITfi A~OC~k~
Sig-i j and dpli~~ered in Ilr~~o~. ~Yr ~~ S~~ T~ ~~
-- - -O IS NDRTt'~
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ICE QOGAN
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ST1TE OF FLORIDA~ ~
COL'~'TY OF
I HEREBY CERTIFY that on this day~ beforc me~ an
d(icer duly authorized in the State aforesaid and in the County afor~said to ukr acknowkdRments~ personally appeared
Oecar Coaan and Janioe Cogan, his wife
to me known to br the prnon described in and who ex~cuted the (or~qoinq instrument and ~ atknowkdRed
bc(ore me that ~~ ~xrcuted the same.
N ITtiESS my hand and ofCcial sea! in t!u County and Sate last atoresaid this /~ ~ dar o(
MdY~Ch A. D. 19 $1. _ /
~iAtlr ll~Ib SiAtE Jf fi~1- A1 I110
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