HomeMy WebLinkAbout1651 an~I s{~aII perjorm, rnmply with and a6~de 6y ~h nnd every fhe agreemenb,. slipu~altortt, conditiont and
coaenants thereoJ. ond o~ this mortgage, then thu mo?tgage and the eslale he~6y c?eated, sha!! ceaas, de-
termine and be null nnd iwid.
~ thp mortgogo~ ken~by jwther rnvc+na~ts and ngrees to pay promptly w1~e~ due tke prtnctpal and
inlerest and ofl~er sums of money provtded ~or in aaid note and fkia mortgage. or eitRer: !o pay a~~ and
sin~u~ar Ihe taxes, assessmenls, ~eutes, ~ia6ilities, ob~ignfions, ancl encum6ranceir o( euery nalure on saic~ pro-
perly; fo penr~tt, rnmmit or su~~er no wasfe, impairment or deleriomfion o~ satd la,~d or f~e improvemenb
thereon at any time; to Irenp the 6uiltlings now or he?eajter on said land ~ully inscued in a su~n oj not lesa
Ihun
in a rnmpany or companies accepta6~e fo fhe mo~tgagee. the po~icy o~ po~Icies to be held 6y, and payable
fo, said mortgagee, and in the euent nny sum o~ money 6ecomea Poya6l~ 6y uirlue o/ sucl? tnsurance the
mortgagpe s6al[ ha~~p the right to receiue and apply t6e snme to the inde6ledness hereby secwed. aec~ounting
to t~ie morfgagor (or uny surp~us: fo pay al~ cosls, charges, and expenses, inc~uding ~nwyer i jeea and itt~e
senrc{~es, rpasonatily incurre~ or paic~ 6y t~e morfgagee becnuse of the lai~ure oI f~e mortgagor to promptly
nnd ~u~~y corr~p~y witti Ihe aflreements, stipulnlions, rnnc~ilions anc~ rnvenants oj said note and this mortgnge.
or eiltie~; to perJorm, comply u~it1~ and a6ide bq each and every t6e agreemeRts, stipu~ations, eondttions. and
cooenants set /o~ih in said note and tl~is mo?tgage or eithe~. In the event the mortgagor )ails to pay u~hen
due any tax, assessment, insumnce premium or other sum oj money paya6le by virtus oj snid note nnd tl~ia
mortgafle, or eifher, fhp morfgagee may pay fhe same, wit~?ou! waiving or n~lecling t~e option fo ~orec~ose
or any alF~er rigl~t /~erPUntler, and all such pnyments shall 6ear interest jrom dute thereof at fhe I~ighest law-
(ul ~AIB th.~n allowecl bp t{~e lau~s oj Ihe State oJ Florida.
il any sum o~ money herein ?rjerrec~ to be no! prompt~y paid withia thirty doys nex~ a~ter
Il~e same brc-omes due, or ij each and euery tF~e ng?eemenls, stipulations, eonditions and covenants of said
note and t6is mortgage, or either, are not Jul~q perjormed, cymplied witli anc~ ab~ded 6y, then t{te entire
sum mentioned in said note, and ihis mortgage, or the entire bnlance unpaid lkereon, :hal! Jo.thwtth or
tF~erea(lar, at the oplion o( the mortgagee. 6ecome and 6e due and pnya6le, an~?tl~ing in said note or herein
to fRp conlrary notu~if~istanding. Failure 6y the mortgagee to exercise any of the rig~ts o~ options ~iereir~
proi~ic~~ shall nof co~slifufP a u~aiver o~ any ri~hts or opfions under said notp or this mwtgnge accrued or
~{~rr~ jl~r accruing.
~n ~itness ~hereof~ f~e sai~{ morfqagor {~as hereunto signecl ancl sealed these presents tF~e
t,ay an~ y~nr (irsf a~~one u~ritten.
Signe~. SPpIP(~ and dPlinered in the presen~e o~: , /
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STATE OF FLORIDA, ~
COL;'VTY OF S t. LuC i@ "
I HEREBY CERT[FY that on this day. bcfore me, aa
officer duly authorized in the Statr a(oresaid and in the County aforesaid to tak~ acknowledgmenb, personally appeared
~ Frankie L. Smiley _
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to me known to bc the person described in and who execut~d the (or~goinq instrument and e~hg acknowkdged f
before me that S he ~xccuted the same. t
WITtiESS my hand and of(icial seal in the County and Statc last aforesaid this 1$th d~r ~
~ ~y A. D. f9 70
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~ ND RECORDEO~ '~~t,r. PU~~Ir - St2lP n{ FI~~B $E }.+~f~?~'_v'~~ •
~ FILED E ~OUN?Y. FIA. R~~nd~d f~~.: .~:nrri~_an 1+ait!~ir~~p~Sutw~ce m};v~:
$T. L.VC .rc ~ tED Jl}• (:v:nri:.-_:~:~ Espire_. 15~; ~3 ~
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~ 'ZO ~~RY 13 AM 1~ • 24 "-~r,~ • :2::°Qf:;;o~~: -
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~ 3 CLERK CiRCU~T ~OURT
~ 600K~~~ PACE~6~
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