HomeMy WebLinkAbout0500 n~ul •I~all perjorm, eomply wll1~ and a61d~ 6y ~och and ~~~r t1~e ~?Nm~nt~, itipulstions, corullllons and
eo~wnanla Ihsroo/, nnd o~ tkta nwrtya~~. th~n tkis ~nor~goA~ nnd th~ ~atat~ ~.~.6y cwaad, akaU c~o~~, d~-
te?mtns and 6~ null and cwtd.
~ th~ ~w.~9a~ h..~by Jurih~. oow~a and ~o ~r w~piiy wi~.~ dw ~I~. w+~+~! a.~d
intsreat ar~d othsr twns oj mon~y proutd~d jw in anid nob ar?d tkla morlga~Qe. or Nltiar; to pay aU and
stngu~ 11~e taxei. ~sess~nenb. Gvlea, Ita6illfles. obGgaftons. and ~+~cuni6ronc~N oj ~n~ry natun o~ aatd pro-.
pMy: fo permll. eanmlt or au~(K no was~s. impairn~ent or d~i~rtonation o/ ,ntd ln~d o. tk~ lmpr~owm~nb
ttie~eon al any time; fo ~pep fhe bui~tng~ now or hsrwo~ter on sntd land juily ~n,w+.d tn a,u~ o~ nM itsa
ttinn
in a c~ompo~y or companies aeceptab~e to t~e mwtgagee. !k~ po~icy ar po~ides eo 6. h.id by. and pa~rab~
fo. totd narfgagoe. a??d tn i1N ~vent any sum o~ ~noney ~coma payn6b 6y virfw oj auck inturana t~
mortgagre sl~al[ ha~?e the rigl~t to recetw and apply tl~~ ~om~ to tke ind~6tedneu I~~n6y ~ecurrd, oooountt+~
to th~ mortga~ ~or uny surp~us: fo pny a~~ ewts. c~arges. and exp~nses. inc~~ing ~aw~ s~~q and ttt~
seanc6ps, nwaonably tnc~urecl w patd 6y the mortgogee 6ecaus~ oj th~ ~atlun o/ tl~e nw~tQopor to pro~nptl~?
and (uUy co~ply will~ the agreemenb. sftpu~afiona, condtrton, a?d cownant. o~ iaid nole and l~is n~ortpap~.
or..t~he.: ~o per(or~,. comPly Wtth and a6tde by ~c1~ w~d .ve~ ~h• ~~ma, sapulaeto~,. ~tton.. and
c~ore~ants set `orlh in satd nof~ and l~ii mortgage or eit~er. In t~ ~vent th~ rnorlpapor ~o1~s to pay n?~t
duo any tax. aas~s~menf. insw+anp prsnttum or other tuin o/ nwn~? r~~bl. 6y nlrtw o~ satd nob and t1~ta.
n~orfgage. or eif~er. 11~e mo?tgagse may pnY f~o same. wif~ou! walvtng or a~f~cting th~ option to ~onc~os~
or any other rig6t 1~erpundsr, ancl aII such pn~menb sl~nU benr int~nest ~rom datt tkt~toj at tlit 1~lol~tat law-
ru[ Mle tl~c~n uAowed by lhe lau~s o( the State oj FIo?ida .
any sum oj mw~ey kerein ?r~enrd to bs not promptly paid wtthtn th~ty ~~y
!he same b~omes due, or tj each nnd every f~e agroemenb, itipu~ationa, coru/ittons artd covw~anb of ~aid
note aRC~ t1~is mo?fgage, or either. a» nol ~uUy perjonned. c+~rnp~ted wit~ and abid.d -6y. t~n t~u ~nttn '
sum n~entionecl in saic~ note. uru~ t~is mortgags. or t~• ~nttro ba~ano~ unpaid ttienon. i~ fo~!/~wtt~ or
t?~e~rajt~, at t/~s optton o) t6e mortguges, became and 6e due nnd pa~iabb, anpthing in add noN or 1~nin
to fhp rnntrnry notu~jtl~standing. Fallur~ by t~e mortgage~e to ex~ncise ony o~ !he righb or opNons ~irMn
pro~~ic~~ s~aU nof c~onslilute a u~nii~ o~ any ~igl~fs or opfions unc~er sutc~ nots or tkis mortgap~ aocrusd ar~
Iti~(f~r accruing.
WIR~`~ f{~e saic~ ntortgagor has hereunto sfgncd anc~ sea~ theae prus~nb th~
day and vear Jirst a6o~?e u~ritten. .
Signad, s and dplt~~er+ed in tl~e prrsence oj:
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~ STATE OF FLORIDA~ ~
CoL~NTY OF 3t. Lucie
~ I HEREBY CER7IFY chat oa d?is dar, bdorc me~ aa
¢ o(ticer duly authorued in the Stat~ aforesaid and in the Conoty aforesaid to takr acknowkdqments, penonally appeared
t
~ Lloyd B. Suaith and Lillian A. Smith, his Wife
to me known to be the pcnons described in and who e:ecuted the forcsoing instrument and thej? acknovnkd~ed
beforc me that they executed the saax.
WI7TiESS my hand and otficial ual in the County and Statc last atoresaid this l~th da~ of
~ NOVembeT A. D. 19 ~ ~
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