HomeMy WebLinkAbout0094 + ,
and ~hull psrform, comply wittiand~a6~do 6r ~~r'and eaery t~~ ag?~ement~, •ftpu~utions, condl~iona and
conenanb t~fraoj, nnd o~ f~b moNgaga, t1~a~ t1~ts mwtgago and f1~Q t~fafe hero6y creafed, s1~n~~ c~eaae~ da-
termino ond 6e null and vo~d.
~ fke mo?tgaQo~ {~vn+by (urt1~K covenanb and apraea to pny pron~pt~r wl~en due the principul and
interest und other iums o/ monap proutdad /or i~ aaJd note and tkis mortgage, or pltl~wr; to pay nll and
singu~ f~a taxQS, ast~rimenb. ~evtQt. ~ia~il~itlot, ob~igntiona, und vncumbrancet o~ every nnlw+e on sutd pro-
pertr: fo penr~it, commlf w auf~er no wwfQ, tmpairmQnt or ~t~iw+ation o~ aaid land o~ the improvements
tl~ereon nt any ttme; to ~eop tI~Q butWinga noui or F~awajter on aaid land ju~~y in~~ued tn a sum of not less
$15,000.00 in fire nd y~indstorm ins rance.
in a company o~ compani~s ac~.~ptab~ to tht ntortgngee. tka po~icy or polictes to 6e keld by. ~d ~xiya6[~
to, snid mo?tengee, and tn t1w evont any ~um oj ntoney 6a,~ome~ paro64 6y viNue o/ sucl~ t~surance the
mo?tgag~ s1?aU F~avQ tha rtgkt to recetno and apply tl~a sam~ to t1~e tndQ6tednesi here6~+ secured, acrounling
to the morlgn~or ~or an~ swp~w: 1o par au owb. chargei, and oxpQeuw. inc~udtng jnwysr's (ees and titla
sermctiea. .+~ona6lr ~n~~d o. ~td 6r rke ~wrc~og~ bQCnw~ of t~~ fal~ure o~ the mortgagor fo prompt~r
ond ~ully compl~+ witl~ fhe agroemenb, itipu~attoru: oonditioru and covenants o~ iatd note aru~ t~is rr~ortgage,
or etihe~: to perform, comply wit1~ nnd n6lde br each nnd evary tka ugrwmenb, stipulaffons, conditions ond
covenanb aet (orf/~ in said notQ and thii mortgage o? ~ttior. ~n the event the mortgagor ~ai~s to pay when
due nny tax, aasessment, i?uurnncQ prwnium or other sum o/ mon~? ~ro6[~ 6r virtue o/ said note and this
mortpaqe, or eit~er. t~e mortgapoe ~wy ~r eRo swno, wtthout waining or n(~ecting tke optton !o ~orec~ose
or any otker rigl~t he?QUnder. ~d nIl ,~,~k ~yme~e, ~holl bear intQrost /rom date fhereof at the {~ighest Iaw-
~ul ratQ ll~en allowed by tl~e lau~r oj t1~e St~lo ~F Flortda.
nny sum o~ money herein re~~ to be not prow~pt~y paid within 30 dnys nexf n~ter
the ian~e becomes due, or t~ each nnd vnary the ag?eQments, ttipcdatlons, rnnditions and covenants oj said
note and thia riiortgage, or a~ke~, are not /uUy p~/o~ned, cbw~pTiecl wfth -nnd a6ic~ec~ by, el~en the enfire
sum menttoned tn aaid noto, and lltis iworiQogQ, or tl~e ontiro balar~c~ unpatd ther+eon, shall /orthwith or
t~e~aaf
ter, nt t~e optfon o~ fhe mafpopev. bec~omo and 6e duQ nnd pnrable, anyt~ing in saic~ note or ~erei~
to the conf~+aryr notwit/~stonding. Fatlure by tltQ mortgagoe to exwrfat anr o~ t~e rig~ts or options l~erein
provi~i¢d tnn~E not conaFitutQ a u~ainer oj an~ rig~ta or options under said nofe or ttiis mo?tgnge accrued or
lhereaf f¢r accruing.
Dn ftie said morfgago~ ?~as I~ereunto aigned and aealed these presenls the
~oy an~ y¢or f
tnt above wrttten.
Stgnec~. aea~ a tue~e~ in t~w pro~o??ev o(:
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r iTATB OP FLORIDA,
~ ~U~ op St . Luc ie ~
~ I HERBBY CF,ATIFY that on thi~ dar, before me. an
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~a o!(ieer du~ authotised in the Stete aforea~id aed ia tM ~'ioao~r Jonsaid co take ackoo~r~edqmenu, penooallr appeared
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~ Eugene Smith and Reatha Mae Smith, his wife
; to me knowrn eo be d,e Denoa S d~acrbed i~ and wiw execuoed d~e toregoi~g iastrument a~d who ack~owkdsed
~ betore me e~at they~ccueed the .ame.
~ t1~IT1VES3 m~r baod aod dlicia! ~eal io tLe Ca+ntp and State last Joeeaeid thd 4~h day d
r
~ March A. D. f9 75
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_ ;T, IUC~< <.v17NTY R~A. : ~ : ~l ~ ~ ' ,
RG~CR ,•:tiTR~B - i- e
NOTARY ~11~.IC STATE OF FK~1t~D11 Avl1KfSE r~ s
- ~tERK C! :~s~T couaT ~ E r;
R F r ~ q p ~ n ~ ~ ~ P l
#A~ COMMlSSION EXYIRES QE~ 1t, -N~ ~ , ~ ` '
~J.fi l~ONDED THRU GENERAL INSURAh1Cp WV~ERWR11~ y` i
_ M,~ 5 io 3o ah ~z5,~ G~r V; j; +
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= 302809 '
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~ F.A. Harris
This J,wru„re,rr prcpa,~r! by:
A~`~~ 410 Orange Avenue
Ft. Pierce, Fla. gppKzJ~ PAGE i74
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