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HomeMy WebLinkAbout0747 an~l sl~a~~ perform, rnmp~y u~itl~ ant~ nbi~e by euclt anc~ e~~ery the aNreemenla, sttpu~ntions, conditions and co~~enants ~h~~eoJ, and oJ this morf{~a~e, Ihen I{~is mort~a~p and Ihe eslate hP,~by crpat~l, sl~all crase, de- fermine ~nt~ he nu~~ an~ voi~~. ~nd the morlganor hemby Jurther covenanls anc~ aflrees to puy promptly when due 1he p?incipa! and inferesl anc~ ofhe~ sums o~ money provi~ecl for in saic~ nofe and ftiis mortgage, or eifher; lo pay a~~ a~d sin~ular the la.r~~. assessmenls, lenit~s, lia6ililies, o6l~na~~o,~s, and encumbranres of every nafure on said pro- perfy: lo permil, commil or su~fer no u~aste, impairmenl or e~efe?io~nfion o~ sai~ ~and or the improvemenb fherncn ~I nny fime: to ~PPP I~P I,uildin~s no~a o~ l~ere~Jter on said land (ully insured en a sum o~ not less ~Lanmaximum insurable value thereof iri a company o~ companies ncceptable to the mortgafle~. Ihe policy or po~icies fo 6e held 6y, and pnyable lo, saicj mo?Ipa~Pe, an~ in f~~p ~venl any sum o~ money 6ecomes Paya6l~ 6y virfue o~ sucti insurance fhe morfgagPp shall hane the right to ~P('PII~P and apply the same to the inde6tedness here6y secured, accounting to Ihe morfgn~or ~or «ny surplus; fo pay a~! rnsfs, cha?ges, anc~ expenses, inc~uc/ing ~awyer~s (ees and ttt~e sea?rhes, rpasona~~y incurre~~ or ~~a~d 6y ~I~p mo~tgagee tiecause of fhe ~ai~ure oJ Ihe mortgaflor fo prompt~y antr (ully c~omply u~~~h ~hp agreemenls, sfipu~alions, contlifions nn~I covenanfs o~ said note an~ lhis mortgage. or eii~~er: to perfo~m, comply witR and abi~e 6y each ancl enery t{~e ngreements, stipu~aftoru, condilions and cot~enanls sef ~orth in saic~ nofe ona Ihis mortgage or eiiher. ~n f~te e~enf t~e mortgagor ~ai~.t to pay w~en duP any tar, assessment, insurance premium or other sum oJ money paya6le 6y i~irtue oJ said note ond tl~is morfgage, or PIItiP~, the MO~I~I!{jPP may pay f~p same, wiihouf waiving or a(fecting ftie option to forec~ose O~ Qlly O~~P~ ri~I~t I~ereuncler. AII~ Q~~ sucl~ paymenls s1~all bear interPSt (rom date thereo~ a~ ~Ile I11gI1P3~ ~QU~- 'il~ ?AIP Ihen Q~~OtDB/~ ~V ~~1P ~111US O~ ~RP S~a~P o~ Flori~Ia. nny sum of monvy herein rp(errecl to be nol prompl~y paicl u<i~hin thirty days next n(ter Ihe sam~ becomes diie, or if each and e~~ery 1{~e agreements, stipulations. conclitions and covenants cf said note and f{~is morlgage, o~ eiitier, are not )ully perJormed, compliecl u~itl~ and a6~d~ by, then l1~R enlire sum menlioned in said note, and Ihis mortgage, or th e entire ba~ance unpoid Il~ereon, s{~all Jorlhwith or I~erea~ter, at tti~ option o~ fhe morfgaQee. 6ecome an~ 6e due nnd paya6le, anyftiing in saicr note or ~erein to !~r ~onlmry nolu~ill~slanc~ing. f'ai~u~p by ttie mortgagee to exercise any o~ t~e rights or oplions tie?ein proi~icrec~ s~a~~ not consfifutP a u~aiapr oj nny ric~{~Is or options une~pr saic~ nofp or t~is mortgnge accrued or f{~erea~f~r at'cruinq. ~n ~~Ul~ ~~~~L~ the saic~ morfgagor I~as I~Prnunfo si~~necl and spaled these presenls 1l~e c~ay anr~ y~ar ~irst a~o~~e ~vriflen. S(9fIP~. SPq~P~ QII~ ~Plli'PfP~ in ,~~e p~SPfICP 0I: ,a . ! ~ -2, . f ~;~.~'•e_~f ~ - ~--~'t~ ~ - --~Wl u-~C/ ~L~ - -.,y.I - r-- - - - ' ~ Richard F. ith, III - ~ - . . _ - . --Q~ G~. , . ~ _ . - - _ - - _ _ . - - - - - _ . . . ...__._~~--~:.~,t:t.~.~- ~ ~l ; Doris H. Smith , ; _ . ~ F ~ i e ~ ~ e STATE OF FLOR1DA, ' cc~c'~TY OF ST. LUCIE ~ i f1EREBY CERTIFY that on this day~ beton me, an ~ x offic~r dula• authorizrd in the Stat~. atoresaid and in th~ County a(oresaid to tak~ acknowledqments, prnonally appeared ~ ~ Richard F. Smith, III and Doris H. Smith, his wife, ~ to mc known to br thr prrsor6 deuribed in and who exccut~d the [orc¢oinQ instrument andth@y acknowledRed ~ b~forr me that they Fxecuted ihe same. ~ : ~ ~1'il \ESS my hand and official seal in th~ County and Statr last aforesaid this 26th -,~;s~~ "d ~ ? ~ ' ~~~~tttt/11~~~ ' K March u. is 71. ,`~,~r ~y r~,~'~ , ~ ~ ` ; ~ '~1 ~ ' ~ r _ . _ ~ --r~ (~'r3-t.,i O i ~ ~ NOTARY UBLIC, State ~f~-, : . Large . r z : d~. v' ~ f~~EO rM^ aECOR f`A My commission expires ; : ~ ~ ~ ~ ` ~ - ST. ~UCIE COUNiY : - ROCEq POtT~~S ~_7t~ tQ' # ~ CtERK CIiiCUtt COU ~ ~ ~tii''''~'t'S . 1.~? ~ ~yNJ.~t[t~~~,tis~. ~ ItECOA~ VER~F~fO Mu~ 26 3 4o P1~'Z 1 ~ ~ 20s739 ~ ~ %7rir Irturrm~rn~ prf~m~! hy: ~ _ ~ aooK 191 .746 ~ ~ I ~ ~ ~ . _ . _ _ _ , r ~ _ - ~ ,7r_~ ~_.w._ . .