HomeMy WebLinkAbout1281 an~ sha~~ per~orm, comp~y u~ifti and a61de by eacti and e~~ery f~e agreemenfs, aflpu~afioria, condtfiont and
co~~enanls Ihpreo(, anc~ o( I~ts morlpape, fhen fhis mo?fflage ana fti~ estals tiere6y creafe~, sha~~ cenas, c~~•
lermine anc~ ~ nu~~ an~ i~otc~.
nIN~ t~~ mwfgapor hrnrby ~urlhe~ covennnlt and agreas to pay promplly when dw Ihs prlncipal and
infernal and oftier s~~mt o( money proutaec~ ~or in sotc~ nots ond ftiis mortgag~, o~ etths?: fo pay a~~ and
singu~ar f{~e tnxp~, assessmenf~, ~rules, Iiabllilies, o6ligotion~, end encum6?anc~es of overy nalun on toid pro-
pe?fy: lo permif, commit or su((er no u~aafe, impairmenl or c~eleriorolion o~ saic~ ~und or fhs improveme~b
Il~PreK~n at any time: to k~p the buildtn~s now or he~ra(t~r on ~nid Iand ~ully iruiurcl in a sum oJ not less
~?,a~ ita insurable value--------------------------------------------
in a rampe~ny o~ c~ompanle: acceplab~e fo 11~e morfgagee, fhe po~icy or po~icias !0 6. hpld 6y, and papu6le
fo, sai~ morfpaqet, an~ in fhe ei~ent any sum o~ mo~ey becomes ~ya6le 6y v~rfue o~ ~uch insurancs ftie
mo~tgagpe aha:l I~ai~e 11~e righf fo recei~x~ and apply Il~e sa~ns to Ihe tnde6tednea~ {~erebr sec~u~I, nceounttng
fo !tie morfga{~o~ ~or any surp~~u; lo pay. a~~ cosls, cl~ames, and axpenses. inc~uding ~awyer i~eet ane~ Nl~s
seurrties, ?eosona6ly incur.~1 ~~,id 6y il~p morfgages becnuae o~ Ihe (allure o~ ftie morlgapur fo pro~npllr
nnd ~ully e~omply wifti Itie ag?eemenls, sftpu~allons, conc~ifions and co~~enanfs oJ satd note and II~Is mortgage.
o? eitl~er: fo pPr~wm, comply wtth and n6tde by each and every the agre~mentt, sfipulat~ona, condiftona and
co~~enants sef (orfti in said note nnd this mortgnge or eiftier. ~n the event the enorfgagor ~a1~t fo pay w~en
dur any tax, assessmenf, insum~cr premium or ottie~ sum a~ money payable br virlu~? oj said noie and I~ta
morlgaye, or ~ifl~er, ftie mortgagee may pay I~e same, wffhout waiuing or a~~ecfing ftie opfion to (orec~ose
or any ofhe~ rtgl~f I~erpunc~er, and a!l sucl~ paymenls :Rall 6ea~ tntprest jrom date thereo~ at ll~e Rlghe~t lnw-
Ill~ ~lI~P ~~PII a~~OU~~ hV ~hP ~W! O~ ~hP S1A~P 0' F~0?1~0.
iL any aum ol mon~y I~etrin ?e~errec~ fo tie not promplly paid wifhin thirty day~ nexf o~ter
Itip snme bpcomes ~ue, o~ t~ eac~ and every fl~e agreemenfs, alipu~ations, c~ondifions une~ rnvenanls o~ said
nofe anc~ fhis mo?i~age, o? pifl~er, are not ~u~~y perjorme~, comp~ted with und a6ided 6~. Ihen ftie entire
sum ntenlioned i~ snid nolp, and Ihis morl9age, or tl~e entire balance unpaFd ll~er+eon, sl~all jorlhwith or
tl~ereofter, at tf~e option o( 11~s mwlgagee. 6ernme and be due and paya6~e, anytl~tng in soid note or f~e?ein
to Itie rnnt?nrp ~ofu~ifhsfanc~ing. Fai~urp ~y f~e mortgngee to exercise any oi fhe righfs or opffons I~e~etn
prot~ic~e~ s~?a~~ nof constifule a u~aivPr of any rigf~ts or options unc~er saic~ nole or f~is morfgnge accrued or
I~PI'PO(fer acrruing. . .
~~Ni`~7~7 ~~0~~ ~'IP ~Ol~ morlgagor ~QS hernunlo SIQ/I~ AR~ SPA'~ ~~Pl! PfP~PR~S ~~P
c~ay an~ yenr ~irst A~t~p u~riffen.
$ignec~. ans c~ '~~ernc~ in P PPPSPIICP o~:
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E rd T. Smith ~ ,
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Beverlee D. Smith"
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~ STATE OF FLORIDA~ ~
[ co~~~~rv ~F ST. LUCIE
I NEREBY CERTIFY that on thi~ day, be(ore me~ an
o(~icer duly authorized in the Stat~ afor~said and in the County a(o~~said to tat~ acknowledgmenu~ penonally appearcd
E~FIARD T. SMITH and BEVERLEE D. SMITH, his wif~
~ to me k~own to b~ the pe~non 3 described in and who ezecut~d the for~goinR instrument and Wt10 acknowkd6ed
beforr me that they ex~cuted the same.
VVi7'tiESS my hand and official seal in thc County and Stat~ last a(orcsaid thu day of
~ October v_ i9 70.
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~ FIlEO AH~ RECaR A ...................Y-------~~---~-- .
gT,~
UCn1E ~ QUNT~ ~~L Notar ic .
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~ '10 OCT ~ pM ' -~o, :
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n,u r,~~,~~<< ~,~d by:
A~d,~ Bl~1 Bryart. Tr. ~~8~ f~~,~
P. 0. Box 3234 -
,EOII Pierce, Florida
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