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HomeMy WebLinkAbout1273 and shull per~orm, comply wi1F~ and a6ide 6y encl~ and r~~ery tl~e agreemenls, sfipulafiont, rnnditions nnd co~~enants Ihereof, and oJ lhis mo?tpage, t1~en lhis mwfaa9d and tF~e e~fafe here6y created, shall ceaae. ds- Iermine and 6e null an~ ~-oid. ~ n~ fhe morlga~or hen~by (wthe~ covenanls und agreea to pay promptly wl~en dua the principal nnd i~teres! and othe~ sums o~ money provtaed lor tn saicl note nnd fhis mortgage, or eilhar: to pay all und singu~ar fhe la.res. assessmpnis, ~evies, ~iabt~ities, ob~igoliona, anc~ encumtirances o( every nalure on said pro- perty: !o permit, commit or suf~e~ no waste, impnirrnenf o~ deleriorntion of snid ~and o~ the tmprovemenls Il~erncn at any time: to ~PP~I IhP ~uildings now or herwu~ter on ~atd land (ully insiued in a sum o( not less ~?,Qn its insurable value-------------------------------------°----- in a company or companies ACCPpIab~ IO Ihe morlgapee, ftie po~cy o~ po~iciet to 6e heW 6y, anc~ pnynb~e to, said morlpagee, nntj in the evesit uny sum o~ money 6ecomes ~ya6l~ 6y virfue o~ auch insurance f~e morlgagee shall have t1~e right fo receive and apply Ihe snme to tke tnde6tedriess here6y secured, aceounting to ftie marfga{~or (or any s~up~iu: lo pay a~~ cosfa, charges, and expen~es, i~c~uding ~awyer~s (ees and fit~e :earr~es, reasona6ly incu??ecr or paic~ 6y the mortgagee f~ecause oj f~e fat~ure o~ ftie morlpapor to prompt~r and /ully comply wil~ ftie ag~eemenfs, stlpu~afions, conc~ifions and eovennnfs o( said note an~ lhis morlgage. or ei1{~er; to per(wm, comply u~ith and a6ide 6y eack and e~ery I~e agregments. stipulntions, conditiona ond co~enanis sef forlk tn said nole nnd f~is mortgage or eit~er. ~n tke event !ke moefgagor ~ai~.s !o pay when due any lax, aysessmenf, insuronce premium or of~er sum o~ money pnyn6le 6y utrtue o~ said nofe and ftiis morfgage, or eifhe~, fhe mortgagee may pny 1{~e same, without wniving or aJ~ecfing fhe option to jorec~ose or uny otker rig~f ~erpun~er, nnd alI sucl~ payments shall benr intereat (rom date therro/ a! R6e highest lau+- ~ul rale Ihen allou~ecl by fhe lnu~s oJ the State o/ Floridn. - nny sum o~ money herein re~erred to I~e not promptly paid within thirty dQy, nezt ajler the samp bec'omPS due, or i) each tend every Il~e agreements, sfipu~ations, conditions a~d covenanls o) saie~ note and this morigafle, or eitl~er, are not ~ully per~ormed. rnmplied witl~ and ab~d~d 6y. 1{~en 1he enlire :um mentioned in said nole, and this mo?~ga9e, or tl~ e entire 6alance unpnid lkereon, shall Jo?lhwitl~ or tl~erenfter, at Ihe oplion o( t{~e mortgngee. 6ecome and 6e due and puyo6le, unyfl~ing in snid note ar I~erein to f~e confrary nolu~iff~standing. Fai~ure 6y fhe morfgagee to exercise any o~ ttie rig~fs o~ optioru ~erein provide~ s~a~~ nof rnnslifufe n waiver o~ any rig{~Is or options under sai~ note ar ttiis mortgage accrued or Iherealter accruing. ~ ~n ~~lil~ ~1~7"~~1~ the said mort,qagor has hereunto signed and sea~ecl these presenls Il~e c~ny an~~ yeur ~irsf af?one u~ritten. Signnd ' led ant~ clelineretl in !he pre encp oJ: ~ lQ'L l ~ • . . .e... . . - ~ . - . ~ ~ - ~ . . ~ - - . . . . - S c,~_. e~ E. n ~ . _ - - - ~r3~~~T:~~ ~Smit _ ' ~ .1s...t.. .~s.u_ ~ : - _ . . . _ . . _ - Be er]ee D. ~ th ~ ~ ~ ~ ~ STATE OF FLORIDA, ~ c:ou~Ttt c~F ST. LUCIE ~ I EiEREBY CERTIFY that on this day, bc(ore me, an ~ o(lic~r duly authoriz~d in th~ Stat~ aforesaid and in the Counq• aforesaid to tak~ acknowledqm~nb~ penonaliy appearcd ~ Dale O. Lantis and Margaret E. Lantis, his wife and Edward T. Smith ~ and Beverlee D. Smith, his wife to me known to 1x the prrson S deuribed in and who ~~~cuted the for~QO~nq instrument and W~'10 acknowkdRed beforc m~ thatt]1@I/ ex~cuted the same_ ~~'17'NF.SS my hand ancl o((icial seal in thr County and Stati• last ~forrsaid this d1Y ~ ~ e: October A• D- 1970. ~ _ . _ _ _ - ~ . . . . . . FILEO ANO RECORD~OI,! Notar Publ ' ~ gT. lUC1E COUN?Y. FLA. ~ Y ~ ~~~cnR~ ~ER~~'E~ ~ A~ n NpTARY /UBLICr AATE OF FLORIDJI AT tAR6E ~ ~J:J~`11 MY COMMISSION EXPIRES GEC. 16, 19T~ i q ~m n~, r~ rr. a~si~~~i~~'"'' , , ~TO OC1 ~ ~ ~ L;.:...z'o~,; - ~ ~ •+~~•Y . ~ ~ ?d}i ~I ~ • ~ lf~ ~ ~~~~~:i ~ TRHS ' ' ~ i r ~ C~RCUiT COURTJ ~•a CLERK i_ , . ~.s-~ . ~y , ' ~ ;p ; ~ N' . a : - , : 2 ~ - , t , . ~r . ~ ~ 4 ~ ~ ~llf l)!SI/!/lll['It/ pIC~XJ/C'[~ b~?: ~ . ~~~~~~~~~~~~.N~ e~ c~, h. Boo~ 187 Fa~~ 1273 ~ P. 0. Boa 3234 - - fart Pieru, florida - ~ _