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~nd shall por~orm, a~mply wili~ and abidv by eocl~ und e~~ery ~I~e agreoment~, tlipulations, conditionr and '
coi~enanl: lhereof, and oJ tl?is eno?tgage, tl~en fhi~ moNgage and II~Q e~fate here6y cerated, iholl cense, d~-
terminp and 6~ null and vold.
Tin~ IhA morl~ago~ Itemdy (urt~e~ eovenanfs and agreet to pay promplly w{~en clue fhe pri~cipa~ and ~
internst a~d other sums oj money provlded /or in aaid note and fhis mortga~e, or eitl?er; to puy alI and .
sin~u~ar tl~e tnxea, astessments, ~evies, IinbFllflvt, ob~igafiont, ane~ encumb~+ancet o~ every nalure on snid pro-
perly; to permil, commll or su(~er no waite, intpainnenl or deterforofion o~ :ntd laRd or fhe improvemenit
therron at any f1ma; to keep the buildings now or he?eajtar on suid iund /ully insured tn a aum df no1 less
+I~a?? the principal amount due under this mortgage
in n company or, companies acrepfab~e !o the mwtgagee, fhe po~lcp or po~ictes to be tie~~ tiy, nnd poya6le
to, said mortgagee, and in tho event any sum o~ money 6econea ~ya6l~ by virtue of such insurance !he .
morlgagee s1~all haue Ihe ~tgh! to receive anci .zpply t1~e soma to the tnd~btedness here6y secured, aocounting
fo fhe mortgn~or ~or any autplus: to pap;a~~ oosb, ctinroea, and expenaes, tnc~uding ~awyers fees anc~ tit~e ~
searr{~~s. reasona6ly incurred or paid ~y f~e mortgagee because oj ftie (atlure o~ the mortgngor fo prompf~y !
an~ ~u~~y comp~y witti Ihe agreernents, stipu~a!lons, condtttona and covenanls o~ said nofe ant~ thit morfgage, f
or either: to perJorm, ~omply witl~ and n6tdt 6y each ond every the agreements, stipulations, condiltons and =
covenanfs set ~ort/~ in saic~ nofe anct t~ts rr~orfgage or etther. ~n the event the mortgagor Jn~ls ~o ~r w~en '
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due any tax, nssessmenl, insurnnce premium or otF~er tum of money payable 6y virtue o~ said note anct this
mortgage, or eit~er, 11~e morfgages may pay the same, withouf waiuing or a~fecfing fhe opfton to ~orec~ose •
o~ any otl~er rigF~t hereunder, nncl aIl such paymenb shnl~ 6eur interest from dale tkereof at the hig?~est lau~- ~
~ul rale then allowed by tl~e [ows o/ the State o~ Florida. ( :
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. ~l any sum o~ money tierein re(e?re~ fo be no! prompl~y pnic~ within 1S ~aya nexf a~fer ~
tl~e same 6PCOmps due, or ij eacl~ and euery the agreeme~ts, stipulations, conditions and covenanfs oj suid _
note and t6is mortyage, or ei~her, are not /ully pe?(ormed, complied witk •antl nbicretl by, t1~en !he entire ~
sum menfionet~ in saicl note, nnd this mortgage, or th e enlire bajanc~ unpoid tl~erron, sl~n« ~ortl~wit{? or
tl~erea(ter, at tl~e option oj t{~e mortgag~e, become and 6e clue and pnqa6le, anyl/~ing in snid note or herein
fo !~e contrary notwi!{~stnnding. Failure by tke morfgogee to exereite any oj f~e rig~fs or opfions tierein
provi~ecl sf~a~~ not constih~le a u~aiaer o~ anr rig~fs or opfions under snic~ noln or ftiis mortgage accrued or
f~terpajf~r at'cruing.
~n ~~lll~s ~hereof~ I~e sotd mortgagor tias {~ereunfo signet~ and sealecl these presenfs t{~e
t~ay antl year ~irs atiooe wriffen.
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Si ~~ec~ a d r i~ the presence o~: ~
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r even R. S i
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, ~ . Brenda L. Smith . ~
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STATE OF FLORIDA, ~ ;
¢
~ cou:v~rv oF ST. LUCIE
I HEREBY CERTIFY that on thii day~ be(ore me, an
~ otficer duly authorized in the Stat~ aforesaid and in the County a(oresaid to tat~ acknowledqments, personally appeared
? STEVEN R. SMITH and BRENDA L. SMITH, his wife,
a to me known tu br the prrso~ dturibed in and who ezecuted the foreqoing instrument and they acknowkdged
± be(ore me that they ~x~cuted the same.
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~ ~ti ITtiESS my hand and oEficial seal in the County and Stat~ last a(oresaid this day o(
? April, 1979.
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= Notary Publ ic , State of Florida
at Large.
'~~1Jr~Ei My Commission Expires,~~`''~~~~~
~ , L'~ jt~ . ~ 9 a,~..-. . r ~-,;.:~j ~
n. N~ C~,, _ 6.pr.i 2~4'141~ .
` jpnd.d b/ i~nr~jc~s ~~i~_6.Lrsvulty C~ : .
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~ I'liiJ li~unn~rc~r~ prrpnrc~d ly: ~
:1 ~lJre--c~ J. MICHAEL BRENNAN g~jK PAG~ 9~ ;
' 715 DELAWARE AVENUE ; ,
~ FORT. PIERCE. FL 33450 ~ ~ ~
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