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~n~l sl~ol~ pi'rJorm, comply u~ith ~nd a6ide by each and Pl'P~ Ihc? agreements, stipulalion's, condilions and ~
COI~p/1Q?1~§ I~IP!(wJ. Q/l(I A~ ~~IIS morff~n~~e, ~~PII ~h15 RlO/~(~(1{~P and fhe PS~Q~P hp~pby C~POt~. SI1Q~~ CP(ISO, de-
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~n~ f{~P mo~f~af~or ~u~ri~hy (url~~er covenants anc~ agrees to pay prompl~y when clue fhe principal and
interesl a~~~ ol~ier sums o~ munNy pronicle~I (or i~i saic~ note and f~is mortpoge, or eifher: to pay a~~ nne~
„ sin~ul~r fhe ta.r~s, assessmenls, lPi~i~s, liabililies, o6lif~alions, and encum6rnnces oJ every nalure on said pro-
perfy: fo pern~il. commif or su~Jer no waste, impairment or c~eterioration of saicj ~anc~ or f{~e improvemenfs
ihe~~•n al m~y tim~: fo Ire•ep fhe buildin~s notu or I~ema~t~r on sned land (u~~y insurec~ in a sum of not ~ess
~h~n Five Thousand Seven Hundred Fif ty and no/100 ($S, 750.00)
i?i n company or ~•ompani~s acceplc~~~~e to 1{ie morlc~aflee, fhe po~icy o~ po~icies ta ~e held 6y, nnd paynble
to, sni~~ morlc~age~, une~ in [~ir ~~i~enf any sum o~ mon~y becomes ~yab[~ 6y virh~e df stech tnsurance fhe
mortgagep shall ha~~e Ihe ri~ht b recpinP ond apply the same to the inde6tedness hereby secured, accounting
fo i~~e morl~a~or ~or any surplus; fo pay a~~ costs, c~a~es, ancj expenses, inc~udinq ~au~ye~~s fees and fit~e
searc{~~s, reasona~~~y inrurrecl or pai~ tiy f{~e morfgaryee hecausp of the jai~ure o~ Ihe morlgagor fo prompt~y
an~ ~ully comply u~i1F~ II~e af~reemenfs, siipu~alions, con~Iitions an~J covenanis o~ saic~ nofe anc~ this mortgage.
or eil{~er; lo perjorm, comply u~ith and a6ide 6y eac•h and every t{~e ag~eemenfs, stipulafions, conc~ifions and
conennnls set ~ort~i in sai~ note an~ this morlflagp or eilher. ?n I~e event !he morlgagor ~ai~s fo pay when
du~ any fa.r, assessmpnf, insurance premium or ofher sum of money paya6le by virtue o~ said nofe and tf~is
mort{~age, or eit~~er, 1{~e mo?tgag~e may pny ttie same. wiltiotd waiving or aJ~ecfing t~e opfion fo ~orec~ose
or any oll~er rifll~f I~ereunrl~r, an~ aII such paymenls s6all benr interest ~rom date tl~ereoJ af the F~i~hPSt law-
f u~ rnle Il~en allou,ed Ly Ilie ~a~ns oj fhe Siate o( 1=~orida.
DL any sum o( mon~y I~erein re~Pne~ lo he not prompf~y paic~ wiihin thirty days nexf a~fer
the samP 6ecom~s du~, or i~ eac{~ and every II~e anreements, slipulntions, conditions and covenanls o( said
nole and Il~is mort,rya,ryp, or ~ithPr, are not ~u~ly performetl, complied with and a6~d~1 6y, tl~en tl~e entire
siim menfionec~ in sai~ nole, an~ ff~is morfgage, or t{~e enlire ba~ance unpaicr thereon, sha~~ jorttiwi!{~ or
thereaJler, at th~ option oJ t{~e morl~agee, become und 6e due and payn6le, anything in said note or herein
fo Ihe confrary nolu~ifhstnnding. f=ailur~ 6y 1{~e mortga~ee to exercise any of f~e rig~ts or options herein
proi~iclecl s~~a~~ nol conslilufP a u~aii~Pr o( a~ry ric~hts or opfions unc~er sai~ nofe or f~is morlgage nccrued or
f~iereaJfer ncrruing.
~n ~~Ul~s ~hereof~ 1{~P said mort~agor hns hereunto signed and sealed tf~ese presenis fhe
c~ay anc~ year ~ir,ct a~~o~~e ivritlen.
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Signe~. 5 a a!1 P~ 1~ !Il ~ n~PSPIICP O~: ~
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nna ~ea Smith
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STATE OF FLORIDA~ i
COL'1TY nF ST. LUCIE `
~ I HEREBY CERTIFY that on this day. before me~ an
o(ficer duly authorized in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowledgments, personally appeared
4 • STEPHEN H. SMITH and DONNA LEA SMITH, his wife,
to me known to br thc penon S described in and who exccuted the foregoinq instrument and theyacknordedSed
before me that they ~xccutcd the same. -
~YI7:IESS my hand and official seal in thc County and Statc last a(oresaid this •:SGi2 day'o( `
~ January A. D. 19 70 - .
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At Large, My Commis's~bi~`~EXpi~e;~?
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PREPARED BY: N~'~aFY i'u1~13r -.~'c~at~ ~:f F f„ri~a at Larp,g
~ I~n~it~r.~l Ilr: Au~cri~zn ~;•:nl:~~rs Insur
~ CHARLES E. BECHT, ATTY. Cu~p~I;,;1Gti Expires: v~~-. y, iy
3~~mpa"y
~ P. 0. Box 548 ~
~ FILEO AND RECORDEO
~ Fort Pierce, Florida ~T ~,,~~~F r~U'~TY, F~A. ~
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T/ris I»slrrm~c~rt prc~pa~r-d by: c.~ll.~
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~ BOGK.~~~ F'J1~,~ C! ~:f'CU!T rOURT
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