HomeMy WebLinkAbout1370 and shall per~orm, comply ~vi1h nnd abi~lp by ~~ach and erery the apreemenfs, slipul~fiop~, condifiona and
coi~enanfs lhereo~, nnc~ o~ I~~is morfflape, f~en f{~is mortf~a~e an~ fhe eslale hpreby crenfetl, shnll censP, de-
lermine r~n~ f~e nu~~ an~ vuic~.
~in~ thP mortga~or hen•hy f urlher covenanls anc~ ag~eei fo pay prompl~y whPn ~ue Ihe principa~ ant~
inferNSf anc~ other sums o~ money prout~et~ ~or in sai~ note anc~ Ihis mortgagp, or eifher; lo pay a~~ and
sinryulo~ the tares, ass~ssments, levies. Iia6ililFes, oblipaltons, and t~ncum6rances oJ P~~ery nature on sald pro-
perly: fo permil, commif or su~Jer no watte. ~mpairmenf or deferiomfion o~ said ~an~ or ftie improvemenfs
therron at any time: to keep Ihe buildinps nuu~ or herpa~ter on said land Jully insure~l in a sum oJ nof lesa
rh~n full insurable value
in n rompany o~ companies accepfa6~e to i~e mortgagee, t~e po~icy or po~icies to 6e ~ie~~ by, and paya6le
to, said mort~a~ee, and in !?~e event any sum oJ money 6ecomes puyab[e 6y ui?tue o/ suci~ insurance the
morlgngee stia~~ have f{~e rFgtif fo receive and opply tl~e same to 11~e inde6fedness hern6y secured, accounfing
to I~e morfgn~or ~or any surp~us: to pay a(~ costs, ctiarges, and expenses, inc~uc~ing ~au~yer~a ~ees anc~ tit~e
senrc~~~s, rpasonn6ly incurrec~ or paicr tiy f~e morfgpflee because of t~e ~ai~u~e o~ the morfgagor fo prompt~y
ancr ~u~(y comp~y u~if~ Ihe apreements, stipu~nttons, conc~itions nnc~ covertanls o~ said nofe an~ ftiis mortgage.
or Pifti~r; lo pPr~orm, ~omply u~ith and a6~de 6y eack anc~ every ftie agreemenls, slipu~alions, conditi~ns and
coi~ennnfs set fortti in saicl note nn~ Ihis morfgage or either. In ftie event thg mortgagor fai~s to pay w~en
due any tax, assessment. insurance premium or other sum o/ money paya6le by uirfue of snid note a~d ~h~s
mortgage, or either, fti~ morfgngee may pay f{~e same, u~it{?ouf waiuing or of~ecting fhe option lo ~orec~ose
or any otFter right I~erP~inder, and al1 such pay?nents shall 6ear interest ~rom date ~~P~POf a! the h~qhpse lau~- ~
+ll~ rnte t~1p11 allau~ec~ hy fi~e ~Qll~S Oj ~~P ~~a~P 0/ I"~Oft~a. ~
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D` any sum o~ money ~erein re(erre~ to he nol prompt~y paid wifhin thirty ~ays next a~ier
Ih~ same h~~om~s due, or if each and euery the agreements, stipulnfions, condifio?is and covenants o( said
note an~ 11~is mort~agP, or eilker, are not ~ully per~ormecr, comp~iec/ wit1~ •nnc~ ahi~ed by, tl~en t{~e entire
sum mentioned in said note, and t{~is mortgnge, or the entire balance unpaid the~pon, shall Jorthwith or
f~erea~fer, nt ftie option o( I~e mortgag~e, hncome an~ be due and paya6le, anyftiing in saicr note or {~e~ein
fo confrary nolwif~slanc~ing. Fai~ure hy ttie mortgapee fo exercise nny o~ fhe rig~ts or opfions I~erpin
I prot~i~~t~ sha~~ nol ~onstifulP a ivaiver of any rig~ts or options un~er sui~ nofP or f~is mo~fgage accnie~ or
, t~~rcaf f~r ac~~ruinE~.
~n ~~~~5 ~hereof~ Il~e said mortgngor l~as {~ernunto signed and s~nled t{~ese presenls the
c~ay an~ year Jirsf a~~ove u~rittPn.
! $igne~.' s~n~et~ an~ ~eli~~era~ ~n f~ presence o~:
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' ~ Lloyd . Smith
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L' lian A. Smith
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~ STATE OF FLORIDA, ~
{ cou~'rv c~F ST. LUCIE
t I HEREBY CERTIFY that on this day, before me, an
z oifi~er duly authorized in the Stat~ a(oresaid and in the County a[omsaid to talce acknowledgments, personally appeared
; LLOYD K. SMITH and LILLIAN A. SMITH, his wife
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; to mc known to be the pcrwn$ describcd in and who eaecuted the foregoing instrum~nt and ~ey a~knowledqed
b~fore mc that ~1@~7 cxccuted the same.
I 1~"I7~\FSS my hand and o(ficia) seal in the County and State last afor~said this 17th daY of
~ ~ March A. D. t9 'J5,
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AS~~ ~ Notary Public _ _ _ _ ~
~ st ADr,' '~tj1` ~D~~t _ State of Florida a.t~ ~~rppp(((~~~e.'~ _
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g~Eh~ ~ ~n My Commission Expi~e~,: ~ =
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; 7%tr Ius~r.~~at~rl pn~~nit'~~ by: _~~;,:~:ra e~~ 0 R ~
.1JJr~~<< TH~. F~ z~:~::,:;~ 800K~~~ PAGE1~69
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