HomeMy WebLinkAbout2702 nn~l shall p~•~Jorm. ~-un~ply u~ilh ~nd abide Ly ~~nch and ~~~ery tl~a afl?eemen~s, slipulufiu?i~. rondiflont and
corenanfs I~i~~~ru~. ~uu~ o~ t~~is mo?f~1aflP. I~~Pn ftiis murl~~age an~~ Ihp pslale hp.Pby ~~~Palet~. s~a~~ rease. l~~-
~ Iprminr nn~~ ?u~~~ ~n~~ ~~oi~~.
nn~ I~~r mu~f~~a~~o~ ~~~mtiy ~urf~pr rovPnanls (1f1~ Af~1Y'PS to pay prun~plly when dus f~~p principal and
infernsl an~ of~u•r sums o~ mon~v proi~itJet~ Jor tn sait~ nole a?~d thi: morfgage, or PII~P~; lo pay a~~ ancj
~ sinnular Ihe I~x~s. ass~ssm~~nis, l~ol~s, lial~ililies, oblinolions, and e~cumbrances oj every ~a1ure on anld pro-
~ pprlY: to permil, comn~il or su~f~r no u~aslp, im~~ai?m~nl u~ c~eteriorolion of sat~ ~ancr or Ihe improvemenis
j Ih~~rN~,n a1 any lim~: to ~rpp Ih~ buildinns uo~n or he?~a~f~r on said land Jully Insurecl in a sum o( not less
~h~n
i in a i-o~~pany or campanirs accrpla~~~e l0 1~~~ mortflaf~c~. f~~e po~tcy or po~icies to ~,e hpld 6y. and paya6le
fo, s~i~ morl,yagee, an~ in I~~e rvPn! any sum uf mon~y 6ecomes payab~e by i~i?!ue o( such insurance fhe
~ mortga~e~ sl~~ll h~~~~ Ihe ri~ht to ~(k'PII~P and opply Ihe snme lo the inde6ledness here6y se~cured, accounling
' to I~~P morfga~or Jor nny surplus: fo ~wy a~~ cosfs, c~~argea, anc~ expensns, inc~uding ~awyer
s(ees nnd tit~e
`I s~arrti~s, r~nsona~~~~~ incurre~I or pai~ tiy Itip mortga~~ee f~ec~use o~ f~e fai~ure oj Ihe mortgagor fo prompl~y
an~ ~u~ly i-omp~y iril~~ II~~ a{~reemei~ts, slipulalions. con~ifions ancl covenanfs o~ said nofe an~ 1{~is mo?tgage.
o~ i~if~u~r: fo ~rJorm, rump~y u~ith and a6ide by ~ach and ~very t~~e agreemenls, slipu~ations, rnndiftons and
~ coi~rnanls sef Jorlh in soi~1 nole anc~ fhis mo?lgage or eif~er. ~n fhe event f~e morfgagor fai~s fo pay u+hen
j~ du~ any ta.r. ~ssessmenf, insurance premium or olher sum o~ money poyn6l~ by virtue oJ saic~ nofe ane~ fhi~
i morfnage, or ~il~~er, f~ie rnort~ac~~~ may pav Ihe snmP, tuifhouf waiving or aJtecfing !tie opfion ta ~orec~ose
~ or m~y other ri~~1~f h~rrun~I~r, and a~~ sucti payme~ts s{~aII bear interest from clate II~erEwf at Ike highest law-
(u~ raf~ tl~en a~lo~red 1?y fl~~ ~a~as of ihe $late o~ F~orida.
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il any sunt oJ mon~v ~ierei~~ re~PKP~ IO he nof prompf~y paicl wif~in c~Qys nexf ojter
fh~ sam~ b~c-om~s du~, or i( ~ach and ~~~ery Ihe a~reempnis, stipulalions. condifions an~ covenants o~ said
;j notp and Il~is mo?f,rya~~e, or ~ifher, are not jully perjormed, cornplied witl~ and abided 6y, tl~en the enlire
' sum mentionerl in said nole, and 1{~is morfyage, or tl~e entire balance unpaid iF~er+eon, shall (orthwitl~ or
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ttierea~fer,'af fl~~ opfiori o~ 1~ie mo~fga~eP. 6ecome and be due and paya6le, anyttiing in sait~.note or tierein
!o to 1~i~ conlrary nohviflisian~Iing. Failur~ ~~y fhe mortgagee to exercise any of fhe rights or options ~erein
~i proric~eY~ sha~~ nol ~onsfifaf~ a u~ai~~er a~ any rig~ts or opfions «ne~er saia nofe or fhts mortgage nccruea or
I~ fl~erpa~l~r accruin~.
~ Il~e sairl morigago~ has l~ereunfo signed ancl sPalecl these presents the
~n ~itness ~herenf
~~ay anr~ ~~ar jirsf a~~o~~~ u+riNen.
il $ignrc~. sea~et~ nn~ ~~~~ir~rn~~ in f~~~ pmc~ncp o~:
i! ....---..._`~~~~a~.`~«~L~~~_..~1" - - ~ ------~-~/~='~•°>•,-....~CYY~LIN-~.----~
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STATE OF FLORiDA, ~
ij COL'\TY c~F $t, Lucie
i' I HEREBt' CER7'IFY that on this day, before me, an
officer dulv au~horizcd in thc Stat~ aforesaid and in the County afon•said to tak~ acknowledqm~•nts, prrsonally appearcd
Jerry Russell Smith and Patsy S~ri.th, his irife i
to m~• known to be the prrsong described in and who ea~cuted the for~qoinq instrumrnt and they acknowledged ;
! befon• me that the j~ ~xccuted the same.
~ ~~'ITNESS my hand and official scal in th~• Count}• and Sta.~• last a(orrsaid this ~~j~ day o[
;i C~~y/~/1~,~ p. D. 19 ~3 _ -
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This ?nstrument prepared by Lloyd Taylor i
ltC~6 S. 5th St. Ft. Pierce, F'la. 33450 ,
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