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HomeMy WebLinkAbout2126 and s)~nU ~~erjonn. compl~~ tcitl~ tnul ol~ule Ly cach und eucr~ N~c u~;ra~cniculs, stipulations, conditia~s und covenants thereo/, a~ul o/ diis mort~u~e, then fhis ~nort~;a~e uud ~l~e estate l~e?el?y creoted, shull cease, de- termine and be nu11 arut void. ` ~ the mort~;a~;or 1~ereb~~ fu?ther co~enanls aul a~;rees to jxr~ pramp~ly ecl~en due tlie principal arui interes~i anit othcr sums of mo~uy ~~rouidecl Jor in said ratc a,ul rht~ rnort~;abe, or eitlier; fo ~w~ all aru~ srngalar tl~e taxes, asscss?i~e?its, leuies, liabilities, oLti~;utio?u, u~id encumhrances of cuery nature ori suid J~rop- e?ty; to ~ennit, c~mmit or s-~~Qer no uaste, im~wirn~enl or deteriorafio?t of said laiul o~ t)~e imp?oaements N~ereon at any time; to keep the buildin ~s no~u or hereu~ r on said larut f~~ll~ iiuure~l in a sum of not less than Twenty thousand dol~ara and no/1~0 in a company or comNanees acc~epluble ta the mortga~;ee, tlie Jwlic~~ or policies to Le 1~eld by, nnd paynbTe io, saul ~nortga~;ee, and in t1~e event an~ sY~m of mone~/ becomes pa~a~le bi~ virtue af such i?~~runce tl~e mortgogee shall have tl~e ri~;i~t io receioe nnd a~~~~l~~ ihe same to the indebtedness hereLy secured, accounting to the mortga~;or for any surplus; to ~wy all costs, charges, arul expe~ues, inck~ding lau;yer's fees arul tetle searches, ieasorwbly incurred or Jwid I~~J die mort~;a~ee becuuse of tlie jailure af tl~e mortgagor to promptiy nnd fully comply ~cith the ugreements. stepulatio».s, ca~ulitio,~.s a?ul cocenants of suul ~wte orui this mortgoge, or eitl?er, to j~erfonn, compG/ tcith a~ul abide l~y each ancl ecer~/ tl~e agree»ienfs, stipulations, condetions arul covenants set forth in saul note an~ ihts. mort~;oge or either. In the event ihe mortgagor fails to jwy u;hen due any tax, a"sse~rn~ent, i?uurance Nremium or other sum o~ maie~ ~xiyable by uertue of saed note arul this mort~uge, or ei~her, tl~e mortgagee nmy ~wi~ the same. ~~ytl~out u•aioing or n~ecting the option to foreclose or antJ otlier ri~ht )+ereuruler, a?ul all such ~wyments s1~aU 6ear interest from date ihereof ot tlie hi~hest lau:- fu~ rate then allou;ed by the lau;s of the Sta~e of Florula. ~f an~ sum of money herein referred to be not promptGJ ~wul ecithin thirty days next after die same becomes due, or if each arul eoer~ the agreer?ients, stipulatio~~.s, coiulitions ared covenartts of saul note anrl thu mortga~;e, or either, are not jull~ perfonned, complie~l icith nrul abided by, then the entire stun mentio?ied in said note, ond this nrort~age, or the entire balance un~wul ihereon, shal! forthioith or thereofter, at the option o~ tlie mortgagee, liecome and be d~re ond ~wyable, ar~thing in said note or herein to t)ie contrary noticitlisfiaruling. Failure b j the mort~o~ee to exercise a~i~ of tlie rigl~ts or 6ptions herein prouu/ed sl?all not constitute a uaiuer of an~ ri~;hts or o~~tio~~s uruler said note or tl~u mortgage a~crued or therea f ter accnei?~;. ~ ~n ~~~~s ~hereof~ the said mort~a~;or l~as liereunto si~;necl and seated these presents the day and ~ear firs~ nbo i~ 'tt . - Signed, 9ca eli i? Nie presence o~: - , , \ \ . _ . _ _ . ~ / - - - . . . . r r r , S! !h~slLZ`"' " "t"~ .i~/.1..~.~-!.Y_"'_."""""'__ r ~c ~ ~wl•~l;'v{/- .J~ -i~.~~~i1~~_LlY~..."'~ ~ - - . i ~ if ' ! I ~ ~ ~ STATE OP FLORiDA, ~ ~ cov~~r~r oF ST. LUCIE I HEREBY CERTIFI' that on this day, hefore me, an o~~rr d~Jy authorized in the St~~te aforesaid and in the Co?~nty aforesaid to take acknowkdgments, personally appeared James P. Smith and Barbara C. Smith ~ h~ nm k~N~~~-n to lH• tlx~ ~x•r.unS d~•scrilK~~l in un~l ~cM~ ~•~~~-~dr~l tIN• fun•4uln~ iminun~•nt an~l ~eY :~cl:~w~~•kY1Qed IH•(nn~ ~ix~ thaf they ~•~irnl~~d thi• .a~ui•. ~ ~ ~~'IT\F.ti.' ni)- h:tnd :wd ul(ici:d w:il in d~~• Com~l)' and tit:di• Lt>f afuri•~,tid this ~ day of ~ A.I?. I~l ~ ~ . _ / ~ / . ,'_:r L 'A. ' . ~ l) . ~ , _ ~~ry ct Fi~riCa • i . ~ ' ~ Public, State t ;,ar a ~ ' :O - ~~es sepc. 1, 1~3i~ ~ ~ ~ ~l~~, M~ ~ w, Gcmmi>s;:m P 1 A~J• L 1`C ~ ~ ~•'F, ~ ~ ' y ' ~ ~ F~~Ea ~ov~tr ~~i.~• ~ '•_,~4~~i;: : ~ . SS.~U ~ct; PdttRl~S Rj'~~ ~ RO ~`p.i;~17 C0~ ~X ~ . ~tE~ o~.,En : ~ . 5 ~ p Za 3 ~9 eK'~ ~ FE8 ~ ~ ~ ~ ~0208~ ~ o~ I 8~~s .~:.~,,z~ I ~ ~ ~ ~ Xm ~ - _ _ v