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HomeMy WebLinkAbout1156 -----_._.-__.r._____ - and ahall perform, comply with and abide by each and every the agreementa, atipulattoni. eondittorta and covenants thereo/, and of fhb morfgape, then fhb mortgage and fhs estate hereby created, ahnll eewe, de- ivrmins and be null and void. the mortgagor hereby /urihsr covenants and agreee to pay promptly when dw the principal and interest and other :tams of money provided for in said note anc(, il~ts ngrfgage, or either: to pay aU and singular the taxes. as:essmenb, 4vtei, llabilitiea, obligattona, and iatcwn6r+ancq of every nature o~n said pro- pe?!y; to permit. commit or suf jer no waste. impairment or deterioration of said land or the tmprowmenb lherea:n at any time; to keep the buildings now or hereafter on said lw,d fully insured in a atom of not less ihnn in a company or companies acceptable to the mortgagee. the policy or polletss to 6e held by, rend pnyabb to, said mortgagee; and fn the event any stun of money becomes payable by virtue bf tuck trtstarance the mortgagee shall have the right to receive and apply the acme to the indebtedness hereby secured, aa+oounttrtg to the mortgagor for any surplus; to prey all costs. charges. and expenses. including lauryeri fees and tifb searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly rend fully rnmply with the agreements, stipulations. condtlio?ts and covenants of said note and fhb mortgage, or either; to perform. comply with and abide by each and every the agreements. stipulations, conditions and rnvenants set forth to said note rend this moregnge or either. In the event the mortgagor f atb to pay when due any tax, assessment, insurance premium or other sum of money payable by viHue of said note and thb mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or nray other right hereunder, and all such payments shall bear interest from date fhsa+eo/ at the highest lau?- f ul rate then allowed by the Iowa of the State of Florida. ~l any sum of money herein referred to tae not promptly paid within t}llrty Jaya next ajar the same becomes disc, or ij each and every the agreements, stipulations, conditions and covenanb of said note and this mortgage, or either. are not fully performed. complied with and abided by, Ihen the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or thereof ter, of the option of the morigagee. become-and be due and payable, anything in said note or herein to the contrary nofwithatanding. Failtare 6y the mortgagee to exercise any of the rights or options herein provided shall not eonstittate a waiver of any rights or options under said note or this mortgage accrued or therenjter accruing. . ~n thereof, the said mortgagor has hereunto signed and sealed these presents the clay and year first above written. Si reed, seated and delivered in the presence o/: . a ~ Bil b Smith G!!~/ t.llcv-- ~~r~~~...~ Patricia Ann Smith STATE OF FLORIDA, C~`)G*\TY OF ST . LUC I E f HEREBY CERTIFY that on this day, before me, an officer dul authorized in the State aforesaid and in the Count aforesaid to take ackrawkd meats y ppeared i Y y g pcnonaH a BILLY JACOB SMITH and PATRICIA ANN SMITH, his wife I A_ to me known to be the persong described in and who executed the foregoing instrument and they ~~~f~ ~ ;~ija h. 4 Ixforc me that they. executed the same. ~:~N. V ' t i N'I7:\ESS my hand and official seal in thi- County and Statc last aforesaid this r~~..ayt`~y~~. 10th--~.~ ,~_s August A. D. 1979. ,Q. ' 0.0.JJ I WV ~ ~ ' a I - Notary Public - Sttkt~~~~g '~L~,lor~~a~ ~ ~ ~ My commission expireg~ = ~e4c,,, s,~,;,~t ~~•ll•. ~TA~ t'(Hl1C STA1E Of fLORIDA AT 1AltCd ~ y,,,,.s ~tA'S ~ ~Yl:OMMISSiON E%i'IRES SEPT. Z S 19 79 ~ , ~ ~ 1010 iMMW GEt~K ws. tJr~oExwafcxs ~ .4565'76 i t S i This btstnutrcttt p~rpa,rc! by: Aala/~.~ Scott M. Kenneyt Esquire ~~~C ~ 515 S. Indian River Dr. 8~.?K J p~ Ft. Pierce, FL 33450 1