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anc~ sha~~ per~orm, c~omply wttl~ and abide 6y ench nnd every t1?e ag?eements, stlpu~nfioni, con~ttiona ond
eonenants thereaj, a?u! oj tl~is mortgaAe, ihen ll~ts mortga9e ~d ek• e~tate he~+eby crented, ehall c~ease, d~-
lermine and 6e null nhd ~wtd. -
11111~ !hp mortgagor I~enr6y jurther eouenanls ond nenes to pay ~roenptly when c~w fhe princ~pal an~I
Interes! and olht?r su~ o~ money prouided jo~ t?t snid note and l~ia mortgag~. or ~it~K; to poy n~~ and
singu~ar t1~e taxes, assessmenla. ~evies, ~ta6l~tfies, ob~tgationa, and encum6r+anc~ea ol ewry nature on said pro-
perty; to permtt, eommit or suf~er no waste. impairment o~ deterionsi:c~ o~ satd bnd or t~e improrremeRb
fherecn af nny tlme: fo keep ttie 6utldings now or hereajter on sai~ Iana Ju~~y ins~u~ed in a sum o~ not ~ess
than
iR a compuny or c~ompanies urcepta6le !o the mortgagee, Ihe poltcp o~ poltciea eo be heW 6y, and payn6l~
fo, said mortgagee, anc~ in tlie event any sum o~ money become~ ~xiyn6le by virtue o~ suc~ insurnnce Ihe
mortgagee ahall ha~e tke rtght to ?ecetue nnd apply tl?e same to tl~?e inde6tednesa here6y secund, acrounting
to the morfgapor ~or any aurpltu: to pay a~~ costs. ctinrgea. and expenses. including ~awyer
s jees and tit~e
senrches, reasona6ly incuned or pnid 6y the mortgagee because oj t~e jatlur+e o~ t1~e morlgagor to prompt~y
and ju~~y ~~Ply wit~ the agreemenb. stipu~ations, c~onditiona and eovenanb oJ said note and tl~is mort9a9e.
or eit~er: to perlo~m, complq with and a6ide 6y each nnd every the agreements, atipuluttona. c~onctittons and
rnuenants set jorth in sntd note and tkb morlgage or eitker. ln the event the maigagor jails to puy u~ken •
due any tax, assessme~t, insurance prernium or ot~er swn of money payu6le by virlue o~ said note and thia
mortgage, or eilf~er, t{~e mortgagee mny pny !~e same. wtt/~out wniving or n~jecting the option to ~orecjose
or any other rig~t hereunder, and aU such pnyments a6aU 6ear inte?~est jron~ date t{~ereoj nt f~e ~ig~eit law-
(ul rate il~e~ aQowed 6y the laurs o/ Ihe State o/ FloRda
any sum o~ money ~ierein re~erred to be not promptjy paid wilhin thirty days next a~ter ~
t~e same 6ecomes c~ue, or if each and euery fhe agreements, atipu~fions, conditions ancl eovenants o~ saic~ -
note and t~is mortgage, o~ eifher, are not lu~~y per(ormec/, c~omp~ied wil~ and a6ided 6y, l~en t~e entiro
sum menlioned in satd note, nnd thia mortgage, or !he enttre balance unpaid tF~ereon, siwll jortl~witl~ or
tl~ereajter, at thg optton oj the morfgagee, bernme nnd 6e due and papa6le, anything in anid note or heretn
ta !he eont?nry notwitl~standing. Fni~w~e 6q !/~e mortgagee to exe~se any of the righta or optlons herein
prouided shnll not constilute a u~niver o~ any Rghts o~ optlons undet soicl note or lhis morlgnge nccrued or
tf~ereajter accruing.
~n ~~LII~ ~~~1~ ttie said mortgagor has hereunlo signed and sealed theae presents tl~e
day anc~ year (irst alwre wrilten.
Signed, sealed nnd delii~ered in t1~e presence o~:
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~ STATE OF FLORIDA,
~ courrrv oF gt. Lucie ~
I NEREBY CERTIFY chat on ehis day, beforc me, aa
ofticer duly authorized in the Sute afor~said and in the County aforesaid to wke acknowledgments, personaUy appeared
Jack C. 3mith and Beverly A. Smith, his wife
to me known to be the perwn8 deuribed in and who executed the (oregoins insvument and ti~1@31 ackaowkdaed
before me ~h~c the y~~ted the same.
WI"1'NESS my hand and ofticial seal in the County and State last aforesaid this day of
• A. D. 19
E RGED
~ ~?i ED ~•~:C Z CO ~
,r,t~U': ~Y. ~La. Q
~ - . " $T. LU C i ~ ~ , _ ~ C • - - a~e.:.._ ~~t.~tE
R,,,.~r
~ ~ ~ : - - - ~ ~ Notary ubl c, State oP Florida -
~ . < 185~`7 at La ge
~ = ~ ~ ' • - r= ~ ~ ~~i ~ 6 My CommiBSion expires:
~ ~ . . . . 'E9 t~Ol ~ -
~ = /~A-/ LL MOTABr PUOUC, tTATE OF FLORfOA AT LAR~
~ t/%' MY CuMnda~lUN tX1'IkfS Jtr L 4. 1971
~ . . ' _ ; (,(T:-~,- - ~ONDED TMROUGM /RED W. DI[~TELNOR~T
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~ , •':.1: r~~ c:~v~Cii~::.U17 CCURT .
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T/iis L~arunrc»r pnp~a,~d by: William R. Dannahoxer, Truatee
: Addrexs p.0. Hox 1044, Ft. Pierce, Fla. ~3450 640K18~ PAGE2~~
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