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and shall per~orm, comp~y witl~ and abtde 6y each and every f~e ag~eemenls, atipu~afioni, condittona and
ca~enanfs IhPrEw/, and oj this mo~tgage. Ihen this mortga9e and Iha estate here6y created. :hQll cease, de-
termine and 6e null and t~oid.
I rom 1I when due !Re nci I ared
~ ttie mortgagor he~uby (urther couenant~ and agrees to pny p p y P~ Pa
inferes! and ofher sums o~ money pronidec~ ~o~ tn said note and t~ts mortgage. or either: to pay a~l and
singu~a~ I~e ta.res, assessmenls, levies, ~iabi~ilies, ob~igat~ons, an~ encumbrances o~ every ~nfure on auid pro-
perty: to permit, rommif or su~ler no wasle, impni~ment or deteriornt~on o~ said land or f~e Improvemenfa
I~ereon af a?iy lime: fo keep tl~e 6uil~in~s now or herea(ter on catd Iand /ully tnsured in a sum of not ~ess
lhan
in a eompany or rnmpanies accepfable to fhe mortgagee. 11~e poltcp o~ poltcies to 6e held 6y, and paya6le
to, said m~rt~agee, and in fhe ei~e?et any swn oj money 6ecomes ~xiya6le 6y utrtue of such insurnnce the
mortgagee shall 1~ave the rig1~1 to re~rtve nnd app~y tF~e same to the indebtedness here6y secured, nccounting
to llee morlga~or Jor any surpliu: to pay all costs, c~arges, and expenses. including lawyer's Jees and litle
~ searcl~es, reasonably Incurrnd o~ paid 6y Ihe mortgn~ee 6ecauae oj the failure oj the mortgago~ to prompt[y
I nnd jully comply wiil~ the agreements, slipulations, c~ondilions and coi?enants oj aaid note and lhis moregage,
~ or either; to per(or?n, comply wilh and abide 6y each and ec?ery fhe ogreements, stipujattons, ooredilions and
covenants set f
wlh in said ~ote and t1~is mort9age or either. In the e~ent the mortgagor jails to pay when
due any f4x, assessmenf, insuronce premium or ot~ier sum o/ money paya6le by virlue oj sotd note and this
mortgage, or eit~er, fhe mortgagee may pay Ihe same, wifhout watvirtg or a~lectIng the option to lorec~ose
or any other right hereunder, and aIl such pay~?eenfs shall bear interest /rom date thereoj at the I~ighest law-
(u1 rate t~ien allocved by fhe lau~s o/ Ihe Sta1e oj Florida.
~L any sum of money herein ~~erned to be not promplly paic{ withIn ,thirty days next af te?
~ tl4e same becomps due, or ij each and every fhe ngreem~nts, slipululions. conditions and covenants o( said
i note and this mortgage, or eifher, are no1 Jully perJormed, complied with and a6ided by, then the entire
sum mentiorted in said note, ena fhis mwtgage, or t1~e e~tire balnnce unpnid tliereon, shai! /orthw~th o?
there~a~ter, af ihe opfion o~ t~e morfgagee, 6ecome and be due and paya6le. anything in said nofe or herein
fo the c~onfrary notwilhstanc~ing. Failure by fhe morfgagee to exencise any of t~e rig~its or options ~ierein
prnvidec~ sha~~ nof constitGte a waiver of any rig~ts or options•under ~aid note w thu mortgage acctuet~ or
t~erea(t~r accruing.
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n~~tness ~hereof~ 1he said mort~agor {~as I~ereunto signecl and sealed t6ese presenls the
day and year (irst above written.
Stgned, sealed anc~ deliver red_in the presence o/: ~ -
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-r~ - t-- ~ Smittii---- ;
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STATE OF FLORIDA. ~
~ cov.~v~r~r oF ST. LUCIE
I HEREBY CERTIFY that on this day. beforc me, sa
~ officer duly authorized in the Stat~ aforcsaid and in the County aforesaid to take ackaowkdgments, personally appeared
HERBERT E. SMITH and JOSEP'~iINE M. SMITH, his wife,
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to me known to b~ thc penon 8 described in and who executed the [orcgoinq instrument and they acknowledged
before me that they executed the same.
~ WI'I'\tESS my hand and otficial seal in thc County and Statr last atomaid thu 25th daY of
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~ July A. D. 19 66. _
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vtary~.Public;---St~e~~~t=Bi~r
~ At Large 6-/.5,~ ' v~:
I FILEO AND RECOROED ~ ` • .
ST. LUCIE COUNTY. FLA. My Commp
tssion Expi~~~ t,y p ~l
RECORD VERiF1ED td::r~r .:.~.~c. St~tc o~ ~.a a~t=.~a~~e _
14'y Co^: ~i:u Expi:es !.~~e 15, 1?S~. '
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06 Al.~ 5 P~1
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CLERK CIRCUIT COURT
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BOOK15z
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