HomeMy WebLinkAbout0023 and shall per(orm. comp~y w<<h and n6td. br eac~ and e~~ery t1~~ aAroemenls. ~fipu~afiona, condit~ont and
cover~anfs fheieof, and o~ this moNgage, i~en ftiis moHgags and fti~ afafe hero6y createc~, aha~~ cease, de-
terminv and be null and void.
tl~e morlgagor I~Qru6y (uNher couenunb and ogreea to pay promptly when due th~ p?inctpa! and
interes! and ottie~ :ums o~ money prouided /o? 1n said not~ and fhU mo~lgage, or eifker; !o pay n~~ and
~ingular t{~e faxes, wsessmenfs. ~evlas, lta6tit~tw, ob~igattons, ane~ encumbnancet o( every naturo on snid pro-
plrty: to permit, commit or suj~er no wasf., impai?menf or t~tKlwnfion o~ sutd land or fi~e tmprove?nents
thereon af any fime; to keop fhe ~ui~dingr now or ~+e?Ywffer on eaid Iand ju~~y i?uu?ec~ in o sum of not ~esa
~han full insurable value ~
tn o compnny or companies acceptablo !o t~e mortgageQ, fk~ po~icyr or po~icies to be tie~ by; and paynb~e
fo, said mort9agee, and in tho euont any aunt oj moner 6ecoma ~rnbb 6y utrtue o~ such insurance the
mortgagee shell have Ihe right to recetvo and apply tht sam~ to the i~d~6tednes~ ~sre6y secu?ec1. accounting
to the mortgagar ~o~ any surp~w: to pay a~~ cosb. c~argvs. nnd expenaet. inc~uding ~awyer
i,ees ar~ ttl~e
searc{~es. ?crasona6ly lncurret~ or ~~d 6y tl~e mortgagee bocause o` t~w lat~urn o~ ttie ntortgago~ to promptly
- and (ully comply wifti fhe agreements, sfipulations, eonditioni and oovenants o/ said note and el~is mortgago,
o~ eil~?e~: to per~orm, comply wtt1~ and abide by ench nnd every !he agreements, atipu~aftons, rnnditions nnd
covenants sef ~0?l1~ in satd notQ and ttiis mottgaAe or ett~~. 1n ihe euent t~e mortgagor (ai~a to pay w~en
due anr tax, nssessment, insurance promium or otl~er sum o~ ~oner ~xiynbt~ 6r virtue o/ snid note and thts
morlgage, or eifher, t{~e mortgagee may pay t~e aame, wilhout waivfng or a~Jecting ike option to ~orec~ose
or any olher right hereunder, nnd all such payments s1~a11 bear interest /rom date thereoj nt the I~igi~est law-
~ul rnte lhen allowed by tl~e Iaws o~ the State of Florida.
' any sum oJ money herein referred to 6e no~ Pro~pdy ~d u~ifhin thirty day: neut ajter
the same 6ecomea d~ie, or i~ ea~h ~d every the agreemenia, stipu~otioru, conditions and covenanta o( said
note an~ t~is mortgage, or eifher, are not ~u~~y •performec~. rnrr~p~isd wit6.~and a6ided 6y, Ihen fke enfire
sum mentioned in said note, and l~iu mortguge, or tl~e entire 6alanc~ unpuid thereon, shall (orlhwith or
t{~ereaf ter, at t~e opffon of the moNgagee, become and ~is due anc~ paya6le, anyt~tng in said note or {~erein
to t~e confrary notwilhstanding. Fnilure by t1~e mortgagee to exercise anr o~ the rig~ts or opttoru tierein
provided shn~~ not constifute n watner o~ any ?igl~ts or options unde~ rnid note or fhis mortgage accrued or
ihereaf ter accruing_
n ~LII~ ~~0 ~ the said mortgagor ~as {~eneunto signet~ ond sea~ ftiese preaents tRe
crny ancl year ~irst a~ove wriften.
Signed, sealed and deli~• ed in tl~e prQaenco oJ:
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Llo R. Smith
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llian A. Smith
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~ STATE OF FLORIDA,
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CoUN'1'Y oF S t. L u c i e
I HEREBY CERTIFY. that on this day~ beforc me. an
o((icer dufy authorized in the Stat~ aforcuid and in the Coun~y atoresaid to take acknoMrkd,qments~ personally appeared
LLOYD K. SMITH and LILLIAN A. SMITH, his wife
to me known to b~ the person S descrbed in and who exeeuted the (ongoing instrument aad L~itY acknowkdatd
before me that they cxecuted the same. ~ f~+~;~~~~'
~ ~tiITI~ESS my hand and o(ficial seal in the County and State tast aforcsaid tf~tl~~::.~,.~~.8,t.'~ dar d
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March A.D.1975. . "~~;',~~"i8n•~' ~z%
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~ FILED ARp 4ECORpEp Notary Pu l~:C•~;_~. *~~:~~lorida
ST IUCI~ COUNTY i~A, at Large
~ P.aCi,; %4~TAAS ~ .
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~ CtE~K G~?GU~T COUI! My Commisaion~'~~Cp~r~t~i~`'~,~~'
pcr~.~~i l~f':~~:C!1 ,~~~~r~rl~~~~•`~~~
Neeorr P~+br~e. s+eb .s Fi.r.do ot te~o.
' M~31 I s7PN'7~ ~~~M~~.„~.
lo~dtd br Aa~?kon R~• a Cesuoltp to.
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Th;s Lurnu»c,li p,r~xrrrd by:
~l~[~m~ THIS INfTRUM[NT PREPAREO BY
' CHARLES R. P. BROWN SOOK~riJ~) PA(~,E ~
P. O. BOX 1418 301 8. 6~w
POAT ~ERCE. FLORIOA 33450 ~
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