HomeMy WebLinkAbout1271 and shall per/orm, compl~h and a6tde 6y eack and euery the ag~ents, attpuTations, c~ondittont and
rnuenanta tl~ereoj, and o/ t is mortgnge, then this mortgage and t6e estate here6y created, shall cease, de-
termine and be null and void.
n111~ the mortgaqor here~y jurther covenanta and ugrees to pny promptly w~en c~ue t~e principal and
intereat and othe~ suma of money provided jor in snid note and thia morlgage, or either; to pay all and
singular the taxes, asaeasments, ~e~ies, llabililies, ob~tgations, and encum~runce~ o~ e~ery nature on snid pro-
perty: to permit. commif or su~fer no waste, impairmen! or deteriomtion of snid ~and or fhe improbements
thereon at any time: fo keep f~e bui~ings ~ow or hereajfer on satd bnd ju~~y insurec~ In a aum o` not ~ess
~h~ maximum insurable value
in a company or compnnies accepta6le to tl~e mortgagee, the policy or poltcies to 6e heW by. ~d ixiyable
to, said mortgagee, and in !he euent any sum oJ money 6e~.-omes paya6[e 6y virtue oJ suck insurance the
mortgagee shall have the rtght to receive and apply the same !o the inde6tedRess hereby secured, nccounting
to the mwtgagor ~or any surp~us: to pay a~~ costs, chnrges, and expenses, inc~uc~ing ~awyer s~ees nnc~ title
searcl~es, reasona6ly incwred or paid 6y the mortgugee because oj tF~e /nilure oE tl?e mortgogor to promptly
and /ully comply with 1/ee agreements, stipuTntions, conditions and oovenants oJ said nole and tl~is mo?igage,
or eitl?er: to perjorm, oomply with nnd a6ide by each and euery the agreements, stipulations, eonditions and
covennnts sel ~orth in saicl note and t{~is mortgnge or eif~er. jn fhe event t~e mortgagor jails to pay when
c~ue nny tax, assessment, insurance pramium or of~er sum o~ ~oney ~yabl~ by virtue o~ saicl note anc~ this
mortgage, or either. t{~e mortgagee mQy pay ehe same, u~ithout waiuing or a~~ecting tha opt~on to ~oreclose
o~ nny othe~ rigl~e he.~unde~, and all such pnyments shall 6ear inlerest jrom date thereoj at ~he highest Iaw-
~ul mte t1~en allowed by the Iaws o~ the State o~ Florida.
~l any sum o~ money ~erein reJened to be not promptly pnid within ~1"~1 t~ays next aJte~
f1~e same 6eoomes due, or if euch nnd eUery ll~e agreements, afipulations, conditions nnd oouenanta oj said ~
note and this mo?tgage, or either, are not /ully perJormed, eomplied with and a6~ded by, tF~en t6e entire
sum menlioned in said note, and t6is mortgnge, or the entire balance unpaid thereon, a1~aU f
ortluvith or
thereajter, at the option oj the mortgagee, bec~ome and 6e due and paya6le, anything in snid note or herein
I to tF~e contrary notwitl~standing. Failure 6y the morlgagee to exercise nny oj il~e righta or options herein
proaided shal~ n~t cons~itute a waiver o~ any rig{~fs or options under snit~ nofe or lhis morlgage accruec~ o~
~ therea~fer ncCreRng. '
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' , , ~n ~~~Il~ the mortgagor {~as caused these presenls to
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1'~:• ~ •
~f • • -=SE~tfL3' = 6e executed in its name. and its corporote sea~ to be hereunto af
(ixed. 6y ~ts
' s,_.
~ , proper o~Jicers t~ereunfo c~ujy authorized, the dny and year Jirst aboue u~ritten.
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ATTES : ~ ~ -T--- ~z,s,-~c~:_. INDIAN_RIVER..GARDENS,--INC.---------•----
. secre+arr
Signed, s~aled ~nd de[ivered in tF~e presence o/: •
/ ~
By~ . " . . . - - • - • --------•-•P.~.~~
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ED ANb RECORDEO
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LUCiE COUD~TY. FLH.
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~ ~ ••r• 1r '-P:~ C.i
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~J 26 RM Z: qO
Ol FLORIDA 'L'~9~~
-ntT~NS
O~ ST. LUCIE ~-=~~C ^~RCI~~T CQURT
1 HEREBY CERTIFY ~Iwt on ~his dor. 6~/on me. an oJJ~cer ddy w~tl~o+i:~d ~n ~I~ ~eatr .ind ('~wnty a(~rrw~d m eaJm ac4no~~[eJg-
°~P'°"`d 3 ames C. Smith and Pauline E. Smith
~w,~ ~o ~ ro ~ ~ti~ ~..,~a.,~ ~ Secretary rPS~wtti~tly ~r~ ,~.a ~
mortgagoi in t~ ~or~poin9 inslrurrwnt. ur~ I~ul ttiey srt~era~~p ar~non~~g~ ~rw~utiny f~t swne. in ttir prrxnne o~ fu~o su~se~ibing urlnrssrs.
~reelp and e+olunfaril~ wrLr aultio?ilr ~u~y t*ested in I~tm dy sai.~ rvrpwulion oiw~ l~at t~e sra~ u~~~.~P~~ fherirlo is Itie hur torpordt fe~o~ o~
said [wpwnlion.
~VRNECS my ~aru~ ond o~jicio~ seo~ in Itie ~'otuit~ arw~ Slde ~ast a~oresaid ttiia r, day o! June .
A. n. io.6 9.
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. Nota~ry ~'ub~, , tate of~ F'lorida at Large
' : - ~ My cQmmission expires:
_ . ; . : - ~~~7~.-
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. ~ ~0~~~1' P:~a~!C. S)p:E Dr fLGd:~A AL lAn~~
- MY CO~MI~S ON E:XPIF?~S ~pR. 25 ~
. , . . wwoao cN r:~~n .•r. ~ic~re_Hpy~"
~O~Y ~~.t~
-~F.
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