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and shall perform, comply with and abide 6y each and every the agreements, stipulation's, rnndttions and
cot+enants thereof, acid of this mortgage, then this mortgage and the estate hereby created, :hall cease, de- f
(ermine and 6e null and ibid. t
. t
1
the mortgagor hereby further covenants and agrees !o pay promptly when due the principal and
tnte?esf and other sums of money provided jor in said note and this mortgage, or either; to pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo permit, commit or strf
ter no u+asle, impairment or deferiorotton of said land or the improvements
therecri of any time: fo beep the buildings now or hereafter on said land fully insured in a sum of not less
than full insurable value "
in a company or companies acceptable to the mortgagee, the poUcy or policies fo 6e held 6y, and payable
to, said mortgagee. acid in the event any sum of money becomes payable 6y t?irlue of such insurance !hs 1
mortgagee shall hat+e the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus: to pay all costs, charges, and expenses, tncludtng lawyer's jeer and title
searches. reasonably incu?retl or paid 6y the mortgagee because of the failure of the mortgagor to promptly
ant jolly comply with the agreements, stipulations, conditions and eot+ennnts of said note and Ihis mortgage,
or either: fo perform, comply u+Ith and abide 6y each and every the agreements. stipulations, conditions and
cot+enants set• forth to said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other strm of money payable by virtue of said note and this
mortgage, or eiflter, the mortgagee may pay the same, without waiving or of
fecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- '
jut mte then allowed by the faros of the State of Florida.
~L a?ty sum of munev herein referred to be not promptly paid within ttfteen days next offer
the same becomes dire, or if each and et+ery the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, ore not fully performed, compiled with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaidlhereon, shall forthwith or I
fhe?eafter, at the option of the mortgagee, become and 6e due and payable. anything in said note or herein 1
to the contrary notwithstanding. failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~D~IIIQSS ~~0`s the said mortgagor Iras hereunto signed and sealed these presents the
day and year first above u•rilten.
Signedi sealed and delinernd in the presence of
T~ -
A R. SMALLS
U
~ ~ JOHN 3MAL~ •
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I
STATE OF FLORIDA,
~ cOi-~TY OF $T. I,UCTE
I HEREBY CERTIFY that nn this day. before me, an
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officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, persona{ly appeared
RITTA R, SMAl.TS and JOHN SMALLS, husband and wife
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to mr known to hr thr prrson $ described in and who executed the foregoing instrument and they acknowledged
licforr me that racy eaccuted the same.
~ ~~•17 \ESS my hand and official seal in the County and Stair last aforesaid this 71h day of
~ May A. D. 19 79
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~ No ary u tc
i9i9 E;?< < ~ ~ 3 ~ State of P1 ortda at Large:. ~ ~ - ;
fctEi:~t+e~~c~f Ca+m{sstan Ex tress - ~ c ~ r
` CL~iRGiNT C0 (J.-, tVOtARViUBIK STATE OF FIOR~A AT t~1p~~' •c:,;;
.[yeses
F~~~Q•;~FIF1f3 MrCJM.M.lSSIprJEXPIRESOCT. 161979
iarDfO TMRN GEhEI{AL WS • Ut+DCRWR1TLRs
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This Instrurrtent Was Preparc:i ~
z 'I'bis I,rslnnr~rn prrpurrd h SCOTT M. KENNEY, Esqu~•.~
~ Y Suite 200, Citizens Fede.al ; „•g, U R ~1 ~
,'~i/i/R'xt 1600 S. Fadcral Hwy- BOOK W~ ~E~VW
Ft, Pierce, Fla. 33450
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