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ond sball per/o~tn, comply uidi and aLk/e Ly eacl~ and eucry fhe u~;reemenfs, sfipul~ttio~~t, co~ull~io?u and
aoo~rants therto/. ond o/ thi~ rnoNgage. t1~en ~his nlorf~;a~;e U~u~ t/iC estatC I~erel~y Cl6Qted, shall cease. de-
tCrf/It/1C AJkl ~C ~ Olf(~ UOIC~. .
~ tht mortgago? hereby further cbnenants a~ul a{;rees to pay promptly tul:en due the principal ond
interest ond othe? suais of money prouided for ~n said note and ilals mortbage, or etther, to pay ol! and
stngubr th~s tox~t, assessmeMs, kvits, Gabiluits, obli~ations. a?ul ei~cumbrarues of euery nature on sold prop-
erty; to permit. commit or suger no u;aste, ~mpoirn~ent or deterior~tion of sak! ianct or t1~e imJ~rouementa
thereon ot ar~y tims; to keeN the buiWh~s now or herea/ter on sairl tand /ully i?uured in a sum of not less
rhan Twenty Six Thousa~cid Six Hundred and no/100--------------
~n a oornpony or crnnpQnies occ~eptoble to the mo?tgagee, ihe palicy or policies fo be hetd b,y, and ~ayable
~ to, soid mortgagee, and in th~ enent any sum o~ m~ney becomes payable ~iy vfrtue of s~~ch insuronce ihe
matgoget sbal! have the ?ight to receiwe ancl opply the same to tlee i~uleGtedi~ess hereby seeured, accounting
to tl+~ mortgugo? for any surplus: to pay alt costs, chasges, orui expenses, including lau;yers fees and title
,s~arches, i~easn,wbly incurned or pa~d by the mortgagee Gecuuse of the failure of the »iortgagor io promptly
asd fully comply u:ith th~ agreements. stiyulations, conditions u?ui cooerwnts of said note arul tl~i~ mortgage.
or ~ither; to perform, comply u:ith und abicle Gy oach a?ul enery the agreements, stipuiat~ons, conditio?u and
o~oenonts set forth in satd note ancl this mortgage or either. ln the eve~et the mortgagor foils to pay when
due any t~c, asaessrnent, ur+surunce p*emium or ot~cr sum q.f money payable by virtue of said note and this
rr~ortguge, or either, the mrntgages may pay ihe same, without u;aiuing or o~ecting the option to foreclose
vr any other right bereunder, and aU such Naymenfs shaU Gear interest from date f)iereof at the higl~est laia
ful rate then dbwed by ihe lauxs of the State of Florida.
~ Qny sum of money herein referred to be not p?omNtly paici iciti~in thirty d~
ihe some becomes due, or if each and eoery the agreements, sti~n+lutions, conditions and covenants of said
note and this morigope, or eithe~, are not fuUy per/orneed, complfed u;ith and abirled by, then the entire
sum mentaned in said note, and this mortgage, or the entire Golance unJwici thereon, shall forthwith or
tht~ufter, ut tlie option o~ the mortgagee, Gecome and Ge due and ~ayolile, anything in said note or herein
to the contrary notu:ithsta?u/ing. Failure hy the mortga,gee to exercise any of tl~e rights or options l~erein
prooicled shaU not corutitute a u:ai~er of any rights or options under said note or ihis mortgage occn~ed or
ihe~after accruing.
~(Q`~ the said mortgagor has hereunto signed _and sealed these presents the
day and y,¢ar first abooe ecritten. .
S' sealed and etioered in ihe presence of:
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SfATE OF FLORIDA, ~ -
c~ou:~°rSt oF St . Lucie
1 HEREBY CERTIFY that on this day, before me, an
o~oer duly aut6orizeci in the State aforesaid and in the County aforesaid to tal:e acknowkclgments, personallY aPP~~
Ed R. Smith and Mattilyn H. Smith, his wife
to ~ne luo~~n to Ix- the prrvmg ~4~~rilKYl in and ~chn rairutt•d tIN~ fun•t~ti?inK inctnmx•nt :.~K~ they ackno~vledRecl -
be(om u~e tis~t they i•\t'('11~tYI ~iK~ .:u~K _
\~'IT~EtiS u?y ha~xl :uxl o((ici:d x:J in thc ('amnty and Statr lact :durc~aid this 1St clay of
October l~- 74
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