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HomeMy WebLinkAbout1032 and shall perjor~+, rnmply u~ttk and aWd~ by each and ewr~r tl~. ~~.na, s~~ub~to~, oondtetons and rnvenanb thereo~, and oj t6is mort9a9~. f~en t~ii mortgage nnd the etlab ~y chatad. s~?aU c~asa. de- . termtnt ond 6e ~ull and noid. ~ ~hp ~r~a ~~by /~,.eb~ ro~a w~d to r~r w~~~ln when dw th~ principal and tnterea! and ol~er sums o/ mor~ey p?onided /or in sald nob and f~ia n~ortgapo, or tit~~r: to pay nU and aingu~ar th• taxas, assessments. ~evies. Iiabt~Ities. ob~lgations. and encumbronc~et oj ewn? nnture on iatd p~o- peNy: fo pennil, commtt or su~~er ?to wasle, impairmsnt or c~elerio~ation of satd ~and or thf in~prot~emenb therecn ul any ttme: to ~rpe?p t~e buI~inga rewv or he~ra~t~ on sa~ ~and ju~~y insui+ec~ in a sum o~ not jesa eh~ the maximum insurable value . in a corn~wny or compant~s acreptab~e to Ihe mortgagee. the po~ or po~iciea to ~ie ~e~ by, ~d ~xi~bb to. said rnorlgngee, anc~ in the event any sum o( money bac~ornes ~ya6ls 6y vtreue bi such insurance t~ mortgngee al~all kaue el~e ~i9kt to receive nnd apply tl~e same to the tnde6tedneu 6emby secwed. acc~ounting to ihe morfgaQor (or any surp~us: to pay aU cosb. c~nrges. ar?d expenses. inc~tujing jawyer s~ees and tit~s searc~e:, reasonably incunrd or paid by t1~e mortgagee bec.nuse o~ t~t lai~ure o~ !he mortgagor fo prompt~y nnd fully cotnply willt !he agreemenb. stipujoftona, conditlons and eo~ennnts oj said note and this mortgags. or eit~er; to per(orm. rnmply wit1~ and a6ide by each and e~ery the agreements. stipu~ationa. eorulittoru and eovenanta set forf~ in said note and t~ia mo?lgage or eit~ter. 1n t~e event t~e ntortgogor ~ails to pay when due any fax, assessment, insurance premium or other sum o( monep papable 6y vMue o~ said note and this rnortgage. or eif~er. Ihe mortgagee may ~+ay f~e same. without waiving or u(jscttng the option to ~orecjose o~ any other rigl~t he?purider, and nl[ auch payn~ents ahaU bear interest jrom date thereoj at the highest law- f ul rale Ihen allowed by f6e lau~s oj the Stote o~ Flor~tda any sum ol money herein re~erred fo ~ie not prompt~y pai~ within ~llrty nex! a~ter t~e same becomes ~ue, or ij eac~ and every ike ugreemenfs, stipu~nfions. coaditions and eovenants o~ snid note and fkis rnortgape, or etihe~, are not Jully per/ormed, complted witF~ and abided 6y, tl~en the entire sum meottoned in said note, ancl f{~is mortgage, or the entir~e bn~nnoe unpafd tkereon. s~ lorthwit~ or thereafter, at t~e opfion o' the mortgagee, beoorne ~d 6e d~ ~d par~6l~, anything in said note or heroin to t~e rnntr+ary notwittisfanding. Faf~une 6y f~e niorlgagee to exercise any of the udg~ts or opNons hetetn providec~ s~a~~ nof conslifufe a waiapr ol any rigf~ts o~ options under said note or l~ts mortgage accrued or tf~ereaJf~r accruing. ~n ~~Lll~ ~~~1~ the said mortgagor has tiereunto sFgn~ anc~ sea~ these presents the clay anc~ year (irot a~io~~e u~ritten. n Signed, sea~ and delinerecl in !{~e prrsence o~: ~ ----•.`\-•-f"•---- . C . L. S~m~' th ' . •-j-r•-----:~•---•--- - - ,~y`' f - - .`~C~"~ . . . . • - '"8e leri : "5~. ~ P ~ l STATE OF FLORIDA~ r courrrv oF St. Lucie 1 I HEREBY CERTIFY thac on this dar. before me. au ofGcer duly authorized in the State aforesaid and in the Couaty a[oresaid to take ackno+akd~menb. Pe*sonallr a~peared ~ C. L. SMI~H and ~LSN L. SMI18, his wife - to me known to be the penon 8 detcdbed in aad who executed th~, torcgoin~ instrument and ttl@y•'. pt~'~ad~'wkd~ed t~~ betore me that they ~~e«~ w r ~ - WI77VESS my hand sad ofGcial ~eal in the Couaq and State lut aforeaaid t6u da1 d. _ NOVElllber A. D. 19 (~S. ' ~ . , _ .•---~t-=•--------•-.. , FILEO AND RECOR~ED ~~Notary Fublic, ~ S te o~~ , r3.~a sT. LUC1E ~OURTF,En`~'' at Large. ;,;..~ORt~ i''f 20n~ My comm,iasion expires: 6~ Ndy e PN 2:05 , MOfA~ rU9trc, sr~ i/s~ ! ~Y ~,V. . ..,or ~ RORIDA e+ t ~ ~ S SEPT. 5. i 3' i RO R ~ OtTRAS CLERK C1itCU1? COUR? n~rfa,r r~eLrc, sr~~o, MY COMAIISSI ~^R?DA a~ IAP.CE soN~o ty~~ EXPIRES ScPj 5, 1972 This Inswment ~Vas PrePared By ~ ~D~"° "O°'~' BENJA11fIN L. BR~':1N, JR. P. O. Box 3230 e~~~ Raulerson Building ~ Fort Pierce. Flor'd~-