HomeMy WebLinkAbout1994 an~ sha,~ pe?form, comply with anc~ a6~de 6y each ond every f1~e agreemenls, sltpulafioris, conditions nnd
conenants thpreo(, and o~ Ihis mortga9e, then Ihis mort9ape and tl~e estate hereby createcl, s?~all cease, de-
termine and 6e null nnd ~~oid. -
t{~P mortgaQor heru6y ~urthe~ covenanls and agrees to pay promptly when due tl~e principal and ~
internsl and oftie~ s~~m~ oJ money provided (or in said note and t~ts mortgnge, or eifhe~; to pay al~ and
singu~ar t~e taxes, assessments, ~evies, ~iabi~ilies, ob~igafions, und encum6rances o( every nature on aaid pro-
perfy: to permit, commif or su~fer no wnsle, impairment or deteriorafion o~ said ~and o~ ftie improvemenls i
I~precn at a~~y time; lo kPpp ~hp 6uilt~in~s now or herea~trr on said land f ~Ily insurecl in a sum oj not ~ess '
~
than NO II~TSlJI2A1~CE NI~JCF.SSARY ~
in a company or companies acceptable to f{~e mortgapee, fhe po~icy o~ po~icies to be he~ by, and payn6le ~
to, said morlgaqee, and in tl~e event any sum oj moreey 6ecomes ~ya6l~ 6y virtue of such insura~ce fhe '
mortgagee Shal! ha~~p the rigl~t to receii~e and apply the same to i6e indebtedness here6y secured, accounting
fo I~e morfga~or ~or any surplus; !o pay a~~ cosfs, cha?ges, and expenses, inc~uding ~awyer~s fees and tif~e
searches, reasonab~y incurred or paid by the mortgagee because oJ t1~e Jai~ure oj ihe morlgagor fo prompt~r
an~ (u~~y comply u~it~? the agreements, stipu~ations, con~itions ancl covenanfs o~ saic~ note anc~ t~is mortgage.
or eit{~er; to perJorm, comply wit{? anc~ abide by each and every Ihe agreemenls, stipulutions, conditions and
covenants set fortl~ in said note and this mortgnge or either. In the evenf t~e morlgagor fni~s fo pay w1~en
due any tax, assessment, insurance premium or othpr sum oJ money paya6le 6y virtue o/ said note und this
mortgage, or eit~er, f~e mortgagee may ~xiy ftie same, without wniving or n(feciing the option to ~orec~ose
or any other right hereunder, anc~ a[l such payments shall 6ear interpst /rom date fl~ereoj ut lhe htgl~esf Iaw- ;
(ul rnte then allou~ed by fl~e lau~s o) the State of Ftoridn. ~
)l ariy sum of money herein re(errec~ lo be not prompf~y paic~ wit{~in 3~ days next ajter
fhe same becomes clue, or iJ eacl~ und euery tF~e agreements, stipulations, conditions and covenants of said
note and tl~is mortgage, or e.itl~er, are not f u~~y per~ormed, comp~iFd with and a6~ded by, then fl?e entire
sum mentioned in suid nole, ancl ll~is morfgage, or the enlire 6a~ance unpaitr thereon, sl~al~ ~orthwith or
tf~erea~ter, at th~ oplion oJ Il~e mortgngee, 6ecome and be due and ~yn6l~, nnything in said note or herein
fo t{~e conlrary notwil{~stnncling. Failu?e 6y ~he morfgagee to exercise any of f~e righfs or opfions ~erein 3
provicled shn~~ nof constifute a u+ait~er oJ any ?iqhls or options un~er saic~ note or 1{~is rnortgnge nccruec~ or
fj~erea~t~r acrruing. `
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~n ~itness ~hereof~ t{~e said morlgaqor has hpreunto signecl and spaled these presents tl~e ?
~ay an~ year ~irsf ahore u~ritlen. °
Signed, d and d~Ii~~ere in tl~e presPncp o/: e%`~-
- - . - - - - ~ - ~ - - - . _ .
- .
~ e S~nith
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- . . - - . . ~ - $ ~ ~ -
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E STATE OF FLORIDA, ~
~ COLi1TY ()F LUCIE
~ I HEREBY CERTIFY that on this day, betorc me, an
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ofticer dulp authorized in the Stat~ aforesaid and in th~ County aforesaid to tak~ xknowkdgments, prnonaQy appeared
Clyde S~nith su~d Catherine S~mith, his wife
~ to me known to b~ the pe~rsorB describtd in and who ~zccuted the for~qoinq instrument and they acknowledgcd
~ beforc me that t~1@y ~xecuted the same. pl
n ~
~ N 17~NESS my hand and of(irial seal in th~ County and Stat~• last afor~said ~his day of
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~ :~?~<< _ AND RE~ORDE
~ ~ ~ UNTY. FLA. - _ _ - -
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~ ~=~0 ~`R_Y..~~: ~ ~ •
F° . ~ -Y. • O2
~ ~ e ' ~ _ - '10 OCT I 4 PM 2 • ~j f G - ~
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~ F~; ~ ti~~",~~~~ . ~~ERK CI U1T COU
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~ Tl,is Lu~n~,»c,ri prrparc~l by: 90oK P~Gf ~~J~
A~Idicsj *~+a u~rauMFr~rr wws n~v,~n er
~ M. S. McC~IIUM, AT70RNEY,AT-LAW
~ ~~2~ - 14th AVENUE
L'F/!CN, fLORIDA
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