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HomeMy WebLinkAbout2487 and shall per/orm, rnmply wilh and a6~de by ench and ei~ery tl~e agreementa, stipulaftons, conditions ar~d coi~enants tl~ereo(, and o/ Ihis mortgage, then this mortga9e and the estats I~e~+e6y created, sl~all ceaas, de- termine and be null and i~oid. ihe mortgaflor he~~+6y f urthe? covenanls and agrees to pay promptly when due !he princtpal and inferest and ot1~e~ sums o~ money proutded ~or in snid ~ote nnd f1~ts mo~tgage, or e!l1~er: to pny u~~ nnd sinflu~a~ t{~e taxes, assessments, ~euIes. ~ia6i~ities, o6~igaflona, a~d encum6ra~ce~ ol every nafure o~ snid pro- perly; fo permif, commit or su~(er no waste, impairment o~ deteriorafion of said land or fhe improvements lhereon o1 any lime: to kpPP iha 6uildings now or herwa/ter on said Innd /ully ins~aecl in a sum o~ not leu than in a c~ompany or companies accepta6le !o the mortgngee, the poltcy o~ policies to be held by, and payable fo, saic~ mortgagee, anc~ in ftie event any sum oj money becomes rMya6l~ 6y virfue o~ suck insurance the mortgaflPe shall ha~~e the rigl~t to receive nnd apply tF~e snme to the inde6tedneu I~ere6y secwed, aecounting to t~ie morfga~or ~or any surp~us: to pay al~ costs, charges, and expenses, inc~uding ~awyer s~ees anc~ tit~e searrhps, reasonably incurne~I or pnid 6y 11~e mortgagee because o~ the jailure o/ the morlgagor to pronipllp and f u~~y cor~p~y wilh t{~e n~rpemer~ts, slipu~ations, conc,ilions and cooennnts o~ said note ond f~is mortgnge. or eit{~er: fo perJorm, comply wilh and abide 6y eacF~ and every the ng?eements. slipu~ntions, conditions and co~~enants set jorlh in said note and this mo~tga9e or ei!?~er. In the euent the mortgagor (ails to pay w??en due any tax, assessment, insurance premium or ot1?er sum oj money payable by virlue o) said note and this mortgape, or PI~I1P~, 1~~ morfgagee may pay f~e same, without waiving or a~~ecting t~e option fo foreclose or any oll~er ?igl~t hprPUnder, and nll such pnyments shall 6ear infprest jrom date lhereoj at fhe Itigl~est law- ~ul r~1e tl~rn alloioed by 1hp lau~s of the State oj Florida. any sum o~ money I~erein rp(Pr/Pd IO be not prompt~y paid withen thi.Tty dnys next a~ter i6e same brcom~s due, or if each and every the agreements, sfipulnlion! condilions und rnvenanls oj anid note and tF~is morfgage. or eill~er, are not (ully perJormed, csmplied u~ith and a6~d~d 6y, tl~en the entire sum mentioned in said note, and t1~is mortgage, or t1~e enti?+e balanoe unpnid thereon, ahaU jorthwitl~ or 1F~ereajtPr, at the option o) tl~e morlgagee. 6ecome and be due and paqa6le, anytl~ing in said note or herein to f~e ~onfrary ~otu~ithstondiny. Fai~u~e by fhe morlgagee to exer~cise any oJ t~e rigkts or opttons heretn proi~ic~c~ sha~~ nol consli~ute a u~ainpr oJ any ri~~ts o~ options ander saic~ nofp or l~is morignge nccrued or I~~rnn jt~r accruing. ~~N,~S ~hereof~ ~~Ip SAt~ morfqagor ~I(iS {~ereunto signed ancl sealecl these presenls ~hR ~oy anc~ y~r jirst n~~one u+ritten. 'gned, sealed and elir~Pre in t{~e presence o): ~ . . . - - - - - - ------r-- - - --.----..---.i~ C~~ 0 ANO ECORQED" ' ST. LUCIE CQUNTY. F ' ~A.-----------~--------~ -----•...-----•-•--•----=~:~(~4~f;'~f ,"1,- w E. .1~ ' 19389~ ~ ~ ; - '70 (~:~Y 26 PM 2 : 29 ~ ~ ~ L/l ;'~~~TISNS,',1~1~ ~ CLERK CIRCUIT COURT ~ ~ STATE OF FLORIDA~ ~ q COUNTY nF St. Lucie I HEREBY CER?IFY that on this day~ betore me, an otficer duly authorized in the Stat~ aforesaid and in the Cou~ty aforesaid to tak~ acknowledqments~ penonally appeared Lloyd K. Smith and Lillian A. Smith, his wife ~ ~ to me known to bc the pe~rson 8 described in and who ~xecuted the for~qoinq instrument and they acknowkdged before me that they ex~cuted the same. y 22nd ~ ~~IT\ESS my hand and of(icial seal in the County and Statc last aforesaid this day of ~ ~Y A_ D. 19 70 ; J : ~ a~-.~i------------------• LZ K iC c'L~,~ , - ' ~ AOTARY ?UBUQ =TATE Of Fl0 ~ MYCOM~~~cctnN fXpr--~ N~~10A ~t ue~ ~ ~m[o THwouaH IREO n. 12' ~ " • vrc~rr~wows. ~ ~ , . a ~ ~ a'r~s?~`j ' , ~ : ~O' . F . ~ ' -:ir'~'" • ~ ~ i ~+tRy ; _y;~~ = : . ; . ; - . : - _ P u'~~L~G. ~4 ~ .,V~... . t ~ ~~~;i;~~~~~ ~ R 184 P~~E2484 : r ~ eooK , r~ i k ti~ ~ ~ - . -