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anc~ shull perjorm, comp~y with and a6ide ~y each and every t~e ngreement~, sfipu~aftons, condittons and ~
covenants tf~ereoJ. and o/ this mortgage, then IF~is Mortgage and the eatale I~ere6y c?eated, il~all censs, de- ~
termine a?id 6e nu[l and ~~ota. ~
the mo~tgagor hen+by (urlher covenonts and agrees to puy promptly when due fhs princlpal and
intereat and ot{~er sums o~ money prouicrec~ ~ur in said note and lhis mortgage, or either: fo par a~~ a?~
singular the taxes, assessments, levies, lia6ilities, o6ligntions, nnd encum6mncea of e~ery nnture on sai~I pro-
perty: to permit, commlt or suf
f
e~ no u~wte, impairment or deterioration of saic~ lanc~ o~ fhe improvemenb
ikerron nf any time; to ~eep fhe bui~ings now or herraf ter on ~aid land ~ully insured in a aum o~ ~ot ~ess
~6an $8,000.00 in fire and windstorm insurance
in a compnny or compunies accepta6lp tu the mo~tgagee, f~e po~le~r o~ po~icies t~ 6e {~e~ by, ~d ~yabl~
Io, satd mortgn9ee, and in fhe event uny sum o/ money 6econtes naya6l~ 6y uirtue o( such inaurance tl~e
mortgagee shall have the right to receive and apply the snme to t6e inde6tedness here6y secured, acc~ounting
to the mortgapor jor any ~urplus: to pay all costs, cha?gea, and expensea, including Inwyer's fees and title
searcties. ~easonab~y incurre~ or paic~ 6y f/~e moAgagee becnuse of the ~ai~ure o~ the mortgngor to promptly
nnd ju~ly comply with the agreeme~ts, sfipu~ations, c~onditions and eovenants oJ satd note nnd this mortgage.
or eii{~er: !o perform, comply witlt anc~ nbicle by eacl~ nnc~ every t{~e agreements, stipujntions, conditions and
covenants set /orth in said note and t{~is mortgage or either. ln the event Ihe mortgagw (a~V eo nar when
~ due any tax, assessment, insurance premium or otl~er sum o~ money payab~e by virtuer oj said note nnd this
mortgage, or eittier, ttie mortgngee may pay the same, wlt~out wniving or nl
f
ecting fhe optton to f
o?eclose
or any otl~er rig{~t I~ereunder, and al~ such paymenfs sl~al~ 6ear interett (rom dnte thereof at the h~ghe~e bw-
~ul rate then allou~ed by tF~e laws of the Stafe o) Florida.
any sum o( money herein reJerred to be not promptly pnicj wit~in 7 c~ays next a~ter
t1~e same 6ecomes due, or iJ each and every•tl~e agreements, stipulations, conditioru and covenants of said
note and lhis morteage, or either, are not jully perf
ormed, complied wi~h nnd a6ided by, tl~en ihe entire
sum mentioned in ~aid note, and this mortgage, o~ the entire balance unpaid tker+eon, s6nll jorthwitl~ or
Ihereaf ter, at t6e option o/ the mortgagee. 6ecome and 6e due and payn6le, anqtl~ing in said note or I~erein '
fo t~e contrary notu~it~sianding. Fai~ure by the ritortgagee to exercite any of lhe righta or optiont tierein
pronided shall not constilute a waiuer of any rig~ts or options under saicl note or t~u ntorfgage nccruet~ or
fherea~ter accruing.
~n ~~Lll~s ~i`~~`~ the snid morfgngor ~as ~ereunlo signet~ and sea~ thete presenfs t~e
c~ny an~ year ~int aho~e u~ritten. 3
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Sig , senled and delivered in e resence of :
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STATE OF FLORIDA~ ~
courrrx oF St . Lucie ~
I HEREBY CERTIFY that on this day. bcfore me, an ~
officer duly authorizcd in the Stat~ aforesaid and in the. County a(oresaid to tak~ acknowledgments, penonaUy appeared ~
Eugene Smith and Reatha Mae Smith, his wife
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to me known to b~ the penon S descrilxd in and who executed t6e toregoing instrument and WYlO '~kO°"'~~g~ ~
before me that they ~xccuted the same.
WITNESS my hand and otficial seal in the County and Swte last aforesaid this 2~th ~r•o(
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December A. D. 19 69 . '
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~ FILED AND RECORDE - .
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: Si. IUCiE COUNTY, °----,.~.'-`,~k~..~~,..~_ • .~-.-1~-:-=---•-
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< f; c F FIA. -
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~ f '~OTABY ?dBtIC. STATE Of F~QR;pA At U~E
~ ~9 DEC 31 . y MY con,,ui~~~ON fXPiQES SE?T• 7, iv~o
3 ~OMDCD 7NROUOM FREO W. D~E3TElMORli
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~ CIERK~~ ~ `.~''~~~S
~ ~CIRCUIT COURT.
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