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HomeMy WebLinkAbout2047 an~ sha~~ perJo?m. ~~omp~y wilti and a6lde 6y eacl~ a~d e~~ery the agreeme~ts, slipu~alion's. conditiont and covena~ls IhpreoJ, and oJ tbis mo~tgage, Ihe~ thia mortpnpe and fl~e sslate Iteroby'created, shnll cvwe, d~- fermine and 6e ~~i~~ and iwi~~. ~ the mortpanor hen~6y Jurlher eovenanls and agrees to pay promptly when due !hs principui and inleresf and oiher sams o~ mo~ey provi~ed ~or in aaid nole and this moNgage, or eit~er: to pay o~~ and sinflular Ihe ta.res, asspssmPnls, [euies, lia6ilities, obligafions, and encum6ronces o/ euery natwe on satd pro- parfy; to permit. commit o~ suf~er no wasle. impai~ment o~ c~efertomtlon o~ said ~and or fhe i~nprovemenb Ihprecn at any lime: lo Ir~ep Ihe 6uildings now o~ he?~eaft~r on aaid land jully i?u~u+ed in a sum oj not less than S I XTEEN THOUSAND FI VE HUNDRED DOLLARS AND NO/ 100- in n company or companies acYrpta6le to tl~e morfgagee, the policy o~ po~icies to 6e I~eld 6y, w~d ixiyo6l~ to, saic~ mortgaqpe?, an~ in the? enenl a~y sum o~ money 6ecomes ~,ya6l~ 6y virlue o~ such insurance the morlgagee shall I~a~~e I?~e ripf~! fo receiue nnd apply the same to !ke irtde6tednesa here6y securecl, aceounting to the morfga~o~ ~or any s~uplus: fo pay a~~ c~osts. ctinrpea, and expenses, inc~uc~tng lawyera jeea anc~ tifle searc~t!s, reasonati~y incurred or paid 6y the mortgapee 6ecause o~ lf~e ~ai~ure oj f~?e mo~tgago~ !o prompf~y ancl ~u~~y comply witk f{~e agreemenfs, stipu~afions, ~nduto,~ ~d ro~n~ts ol saic~ note and I~u mwtgage. o~ eitlier; lo par(orm, rnmply mi~h and a6ide 6y eac1~ and every ttie agreemenfs. sfipu~ntions, conditions nncl covenanls set jorll~ in said note aRd eh~ mortgage or eitl~er. ?n the et~ent tke morfgago~ ~uilt to pay when - due any tax, assessment, insurance premium o~ other sum o/ money pnyable 6y virlue oj sa~d note ~d eh~ mo~fgage, o~ ei!{~er, 1/~e morfgagee may ~y ~~p same, wit~out watving or a(fecting t1~e option to forec~ose or any oiher ri~l~t her~under, and all such pc~yments sl~all 6ear interpst jrom dnte thereo~ ot 11~e higl~est law- ~uI mtp tl~c~n allou~e~l 6y thp lau~s oj 11~~ Slafe of Florida. )l a~~y sum of mon~y tierein rp(em~ to be not promptly paid u~ithin thlrty c~ays ne~i aJter the same becom~s du~, or i~ each and evpry the agreemenls, stipult~tions. rnnditions and rnvenants o~ saie~ nolp and lhis morfgac~~, or eilher, are not (idly perjormed, complied witl~ and a6~dpd by, tben t6e enlire sum mentioned in said nole, and this mortgage, or tl~e entir+e balance unpaid ihereon, sl~nll fortl~u~ith o~ tl~ereajter, at t1~e option of t?ip mortgagee. 6pcome and be due nnd payn6le, anyfRing in said note or herein ~ to t~e conlrnry notu?ithstandinn. Failure ~y tf~e mortgagee to exerrise any of ttie rights or options ~erein pronic~c~c~ s{~a~~ not consfifuth a u~ainer of any rig~ifs or options under sai~ nofe or f~is mortgnge accruec~ or 1~~~rc~~t~r an•ruinp. ~ ~n ~~~~s ~~OL~ t{~e sai~ mort,qagor haa hereunto signe~ an~ sealecr f~ese presents Ihe t~ay an~~ y~ar ~irsf atiot~~ ~vrillen. Signc~. s~aletl ant~ ~i~~i~~~riv~ i~~ 1~u~ pr~s~nc~ oj: ~°.~~.,r~'.~.~----__- - . - - - --------.-1~ es H, bert .Smit ~ . ~ ~ ..?.Z~E---------~ ~'L~C~-~-~-. - - =ZL~~~IJ-..------~ / Anne Marion Smith 1',,~~ i11111~~~I' . ; ~ ~ ~ ( • . A ~ , ; ~ . ~ ~ . „ . . . , _ . . • . -----~:..-5.-% ~~;t'i ~ ~ ' ~'J~ . ~ f ~ ` ; ~ 'C~ ~ . = ~ ' ~P I ;3~', ~ ~ ; : ST~TE OF FLORIDA. ~ ~ ~ ~ ~ (`n~T1'TY OF S t . Lucie ~ I HEREBY CERTIFY that on this day~ before me. an ~ officer duly authorized in the Stat~ aforrsaid and in the County afonsaid to ut~ ackaowkdgments~ p~rsonally apprared JAMES I-IERBERT SMITH and ANNE MARION SMITH, his yvife to me known to Fx~ the penonS d~scnlxd in ~nd who executed the forc¢oi~iq instrument and they aikrawkdRed Ixforc me that they ~:K~t~ the same. H'I1 ~iFSS my hand and official seal in the County and State last aforesaid this 20t tl. da) of ~ February D, i9 68 ~ /9 ~ ~ .~..~I'~.~_-.~__-. ./.~...---~..~'..'c~-t,-t~ ~ i::.: t'.,:~; i. S:A:E ~..J:~ ~1 IAR~E ~ FILEO R~CORQEA t,'•° EXPIRES A11G. 1968 ,t • sowc..~ TIi:.O:JGN il~[~ w. acsrsa?NwsT ~ ~-T. L~J~i~~_ Y, FL... ~ ~ ~ ~ • oZ,~ % / ~ ~ . ~ ~ • ~ '~Q F~? 27 ~~i ~ . . ~12 ~ 164'72~ . , , . . T tiLr~?~, i.ii:`.~.ii V~V~~1 ~ ~ I BOOK ~ / Q PAGE2041 - _ ~~F~ ~~~=~~z .