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and shall p~~Jorm, romply ioill~ and a6ide? by each and rve?y the agreentents, stipulalio~u, condilions and
i~:=~-~~nts tlcrFTa(. ~:or! n( s~:S .nQr~gnr~~_ ~I~p.~ tl~« mprlgattP ar~d tbp es1a1P herP6y crvated. shall cease. de-
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j lermi?~e ancr I~p nu~l anc~ ~~oi~~.
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~ ~nd I~~p murlga~~or hPri~~y ~urfl~~r coveilarifs an~ egrees lo pay prompl~y ;ohen due ~hp P~~n~~Ppl and
~ internsf ancr of~~~~ sums o~ more~y proi~ic~~ ~or in sai~ note and this mortgage, or PiII1P~: to~ pay a~~ and
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~ siri~ular t1~P /R.YPS, assossnzenls, IPni~s, liabilities, obli~ations. and encum6rances oj e~~ery nafura.on snid pro-
perly; lo ~x~rmil, commif or suJ~e~ no tnast~, impnirmeni or creteriorafion o~ saitr ~and or Ihe improveme~fs
i I~~~mon ~f any lin.~: fo ItPP~) 1~~~ ~~ui~~in~s noto or ~~~r~a~fer on saic~ ~an~ ~u~~y insuret~ in a sum oJ nol ~ess
~han
j in a compa~ry or romp~nies a~•c~pla~>~e to I~~p morlga~ee, t~e pojicy or pojicies to ~e held by, und ~wyabie
i fo, sai~I morlaaqe~, an~ in f{~e evenf a?iy sum of money becomes payable ~~y virtue of suc~ insurance t{~e
morlgagee~ sha~~ {ia~~e t~e rig~~t to receive anc~ apply the same to the indebfedness here6y securecf, accv~uniing
I~ fo I~e murlga~~o~ ~o~ nny surplus; lo puy a« costs, charges, and expenses, inc~uding ~awyer s~ees anc~ tit~+
SPQMf1PS, reasunu~,ij~ iii('ifiiri~ :;r pc~fc~ ~ry tkr moriga~rr ~rrQUSe o! !ho (o~~nrn AI ~~P mortgaqor lo prompt~Y ~
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anc~ ~u~~y comp~y u~ifl~ ftie agre~mpi~ls, slipu~alions, con~itions anc~ covenanfs oJ said nofe an~ this mortgage.
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Fi or eif~eer; fo perform, comply u~it6 and abide by each and every fhe agreemenfs, siipu~ations, condiiions an~
~ ronenanls set ~orlh in saic~ nole anc~ this mortgage or eittie~. /n t{~e euent ths morfgagor ~ails lo pay w{~en
;I due any la.r, assessment, insu~ance premium or ofher sum o~ money paya6le 6y virtue of saicr nofe anc~ t~is
mortgage, or eif~~er, ihc~ morfgagep may pay fhe same. ~vittiout waiuing or nf
jecfing !~e option to ~oreclose
~I or any other riqht {~ereiuuler, and all such payments sF~aII 6ear interest jrom date tl?ereo( at the 6ighest ~aw-
~ (u~ rate ihen allowe~l I~y Il~e lau,s o/ t1~e State o~ Florida.
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~ ll any sum o~ money tierein re(erred to be not promptly paicl within doy~ next a~ter
Ihp same becomes due, or iJ each and enery fl~e agreements, stipulations, conc~itions and couenan[s o~ said
i~ note and this morlga~e, or either, are not jul[y perjormed, compliecl with and ab~d~t by, then fhe entire
sum mentioned in said nofe, ancl fl~is mortgage, or the entire balance unpaid thereon, s~all /orthwith or
f/~ereaJfer, at f~e option of Ihe ?nortgagee, become nnc~ he due and payable, anyt~eireg Fn said note or herein
1 fo Ihe ~onlrary no(wi(/~slan~ing. Failure by t6e morlgagee to exercise any of ftie rig~ts or options ~erein
proviclecj s~ia~j not consfifufe a u~aivpr of any rig~ts or oplions ~inder said note or this mortgnge accrued or
' therea(t~r accrteing.
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;E ~n ~itness ~herenf~ fl~e said mortgaqor has {~ereunfo si,~ne~I anrl sealec~ fhese presenfs the
c~ny a~irl yc~ar ~irsf a~wt~e u~riflen.
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S' d, se4led ancl clelivered in Ihp presence o/: ,
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I STATE OF FLORIDA, ~ ~
COU~TY OF~(~a~ _
~ ' I HEREBY CERTIFY that on this day~ betore mq an
~ o(ficer duly authorized in the State aforrsaid and in the County aforesaid to tak~ acknowledgments, personally appearcd
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' JAMES C. SMITH and PAULINE E. SMITH, his wife, ~
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to m~ Icnown to be the person S described in and who ezecuted tke for~goinq instrument and t21@~ acknowledged ~
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~ bcfore me that they ~x~cuted the same.
I, ~~~N~~u~ rn:,. f, .
~i1T1VESS my-I~ed and official seal in thc County and Statc last aforcsaid this ~,~`'~~`~1~~ j~~''~ay oE
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! May A. D. 19 66 c'~ t~7 o, =
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~ FILEO AND RECORDED ~
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I ST. LUCIE COUNTY. FI.A. ~ : ` - - ~ ~J = ~
~ RECORO VERIFIEO Pnbtk.3tate ot Plorida:~Lr~~
~ t~~ .~.:n. J~ zsib ~ ss~.. j;~
~ 3 PM 2: 59 G~~s
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145822
i. iiO~~E%~ r OITRGS :
CLERK CIRCUIT COURT s
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