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anc{ s~~a~t per(orm, comply ~ui(~ nnd ab~de by encl~ and eaery fhe agreerree~ts, attpu~ntIont, conditions ar~
covenanls the?eo/, and o/ this mo~t9age, tl~e+e tl~is rreor~gage and fl~e estats I?.~6y created, sl~all cbase, d~- ;
termine and be ntill and e~oid, s
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~ the mortgac~or hen~by jurll~er couenanta and uerees to ~ray promptly w6en dua 11~ WinNpal and ~
interesf anc~ of/~er sums o~ money proi~icJc?d ~or in said note anc~ thts mortgage, or either fo pny a~~ and ~
sinQiilar thP la.rps, assessments, levies, lia6ilities, o6ligulions, and encum6rwices oj euery noture on said pro-
perly: to pe?mit, commif or ste(~e~ no wasle, impuirmenf or delertorafion of saic~ ~nnd or the improaemenb
thprEw~i at any time; to hrpp the buildings now or hercwfter on suid land (ully insured in n sum o( not Ieu
ti~an ~4500.00
in a company or compunies acceptable 1o ihe mo~lgagee; !he policy o~ po[ictes to b. h.id by, ~d rxiyab[~
!o, sai~ moHgaflee, an~ in tl~e p~~enf a~y sum of money becomes pnyable 6y virtue of such insur+anc~e the
mortgagep shall I~ave fhe rig~t'to rece~ve and uppl'y the same to the indebledness hereby secured. aci+uuntin8 ~
fo t~e mortgagor (o~ any surp~us; to pay a~l rnsts, charges, Q?ec~ expe~sea, inc~uding ~awyers ~ees and tit~e ~
searches, reasona6ly inctared or paid by tl~e mortgagee 6ecuuse oj the ~ailure oj the mortgagor to prontptly j
and (ttlly comply u~i11~ tl~e agreemenls, stipulntions, eondilions and covenants oj said note and Ihta mo~tgape. ~j
or eilher; lo per~orm, comply u?ith and abide 6y eacl~ and every the agreemenfs, stipu~atioru, condiltons and ' 1
corennnfs sef jorf{~ in soid nofe and this mortgage o~ eifl?er. In the enent tl~e mortgngor ~ai~s to pay when
due nny Inx, assessmenf, insurancE? p~emium or ot~er sum o( money paya6le 6y ~irfue o~ sa~cj note anc~ t~tt
morfgage, or eif{~er. Ihe mo~fgagee may ~y ~?~e same, wiltiout u~niving or aJ~ecling t~e optlon to roreclaae
or any o1F~er rigF~t I~ereu~~IQr, ond all such puyments sF~all 6ear interest (rom date thereo~ at tl~e higl~est Iaw-
~ul rale tlien allowed by the [aws oj 1he State of Florida. j
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~L any sum oJ monpy herein re(erred to 6e nof prompt~y pnid u~ifhin thirty clays next a~ter i
thP same 6ecomes due, or ij each and every the ag?eemenls. sfipulations, condi"tions and eouennnb o/ said
note and this morlgage, or eilf~er, are not jully perJo~med. comp~ied wlt~ and a6~d~d by, t/ten t1?e enttne ~ i
sum mentionecl in said no1e, and this mortgnge, or the entire bulanoe unpaid theneon, aliaU /orthrvith or t
t~ierea~ter, at the option o( IRe mortgagee, become and be due and payable, anytl~ing in aaid ~wte or Irentn ~
to t6e contrary nolu•ithstanding. Failure by the mortgagee to exenciae any o/ the rig?~ts or options he?etn
pro~~ic~e~r~ s~a~~ r~of conslitulp a u~aii~er o~ any rig{els or opfions under said nole or t~is mortgnge accrued or y~
~
th~rra~l~r ~ecctieing.
~n ~itness ~hereof~ t{~e sQid mortgagor has heneunto signecl nnd sealed these preaents 1F~e
c~ay an~ v~ar ~irsf al~ot~e u~riilen.
Signed sealed ancl '~ered in thp presence o):
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, STATE OF FLORIDA, ~
~ courrrsr oF ST. LUCIE '
I HEREBY CERTIFY that on this day, before me~ an
~ officer duly authoriud in the Swt~ aforesaid and in the County aforesaid to tak~ acknowledgments, peraonally appeared
I
' Earl k'. Smith and Stella M. Smith, his srife
I to me known to -be the person S described in and who executed the forrgoing instrument and they acknowkdged
4 before me that tl'16y executed the same.
~ WIT:VESS my hand and officul seal in the County and State last aforaaid this ZZ.St day of ~
f Febru3ry A. D. 19 ~ ~
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