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an~ s{~a~~ perfo~m, comp~y with and a61de by eacl~ a~d every 1{~e ngreemenl~, ttlpu~ations, condifions and ~
c~oi~enants ~I~ereoJ, and oj thls mortAnAe, than ~1~1~ mortgage und f{~e eitute 6~6r cn?ated, iholl ceaas, d~-
termine and 6e null and void. ~
~d II~P mwlgaqor hew6y /tt~fier covenanls and agrees ~o ~xiy p.o~Pily wken d~ fhe princtpal and
inler+esl nnd o11~er sums o~ money provic~ec~ ~or in said note nnd fi~ts morfgaps, or etthe?; to pay a~~ ared
singular Ihe taxes. assessmenls. ~evles, Iiabi~ll~ea. ob~igat~ons, a~d encumbmnces o( every nafure on rnld pro-
perly: fo pe?mif. commif or suf
fer no waafe, tmpeirrnent o~ c~elerior+ufton o~ said land or Ihe improuemenls
t~Prrcn at any lime: fo k~p fhe buildings now or her~w(fe~ o~ ~aid land ~u~~y insw~ed in a sum o~ ~ot ~esa
+~Qn highest insurable.value
in a company or romEwnies ncc~epta6le lo Ihe mor~gagee, t1~e policy or po[tciet to 6e 6eld 6y, ~d ~ya6t~
to, aaid mo~lpapee, and Jn the event~any aum oJ money 6ecom~?s Poya6l~ 6y virlue o/ such in~urance tke
morl9agee shall I~ave tf~e ~ig61 to re~-eive nnd apply the same to t1~e i~de6fedness here6y secured, nccountt~g
!o t{~e morfga~o~ ~or any surp~us: lo pay a~~ rnsta, c~n~ges, and expenses. tnc~ud~ng ~awyers ~ees and tif~e
searctiea, ?easona6ly incumecl or paid 6y the mortgagee becnuse oj t~e jni~ure o~ I~e mortgago~ to prompf~y
ancj ~ully comply wit~ Itie ugreemenfs, slipu~allons, conc~ittona ancr c~ov~?nanis o~ aaid note and t~is mortgags.
w eilhe~; to per~wm, comply wtth nnd a6ide 6y eack nnd euery tke agresmenfa, siipu~atioru, conditio~u and
rnvpnanls set torfh in said note nnd t~ts morfgage or eit~ier. /n ftie cvent fhe mortgagor lal~.s to pay whe~
d~ aRy tax, assessme?it, insurance premium or other sum o! money payn6le 6y uirtue oj said nole und tl~ts
mortgage. or eittier, ttie mo?tgagee may pay fhe snme, wilhout wai~ing or af
jecting f~e option to ~orec~ose
or any otf~er ripht hereunder, and alI such paymenls sl~all 6e.u intereJt jrom date tkereo/ a! !he htgl~es! Iuw-
~ul mte ttien alluwed 6y 1?~e lows o~ I?~p State of Florida. -
l` any sum of money ~erein re(erred lo be not promptly paid wi~hin ten dqys next nf ter
f~e same ~ec-omes ~ue, or if eac{~ ancl euery t~e agreements, stipu~ations. condifions anc~ covenants o~ said . ~
note and ihis mortgagp, or eiiher, are not jully performed; rnmplied wit?~ nnd a6~ded 6y, tken the entire
sum mentioneil in said nofe, and this mortgage, o~ the entire 6alance unpoid fl~er+eon: ahall jorthwitl~ or
Iherea~ter, at t1~~ option oj Il~e~mortgagee. 6ecome and 6e due and paya6le, nnylhing in aaid note or herein
.fo fhe confrary nolu~ill~sfancling. FaiGire by 1{~e morfgagee to exercise nny o~ the rights or opfions herein
pr+ovic~e~ shn~~ not consfifufe a u~ainer oj any rig~ts or options under sait~ nofe or this morfgage accrued or
t~erea~fer accruiny.
~n ~itness ~h~reof~ the said mortgagor has tiereunlo signed and sealed ll~ese presents Ihe
cray an~ year ~irsf atio~~e ~oriNen. ~ .
Sign~d, sealed and delinernd in tl~e prnsencp of : ~
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, Ro ert L. Smith
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- - -----Y~l~ai~c...---- - - :
Matilda Smith 1
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ST4TE OF FLnRIDA. ~ ~
COU\TY nF ST. LUCIE r
I HEREBY CERTIFY that on this day, betore me~ an
of(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledgments, personally appearcd
Robert L. Smith and Matilda Smith, his wife,
to mc known to be the persons dcscribed in and who execut~d the (orcgoinq instrumcnt and they acknowledqed
}xforr me that {~ey~xecuted the same.
lN'II:tiESS my hand and official sea) in thi• Counh and Stat~• last a(or~said this day o(
A. D. 19 7$.
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-1~.- •~~..~.~1~..---
.y ~
Notary Public
HK;
~ _ State of Florida at Large.
4`~~My commission expires: ~-/S Y./ ~
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T~IS IIISTROMEMT PREPARED BY: ' ~ ~
Emory C. Teel, I I I~ Esquire, of ¢ECpp~EU :
_ Fee, Koblegard & Teel, P.A. ft~e ~9 fl~Kr F~~~ ~ ' ' -
P. 0. BOX lOQ~ ~?_ltlC1EQ
POITRi~S ; _ , •v ;
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~ Fort Pierce, Fiorida 33450 r,~Ea~ ft~^ _ i!
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