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and shall perform, comply with and abide by each and every the agreements, stipulations, conditto?u and
covenants ihereo/. and of this morfgape, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabtlities. obligations, and enctunbrances of every nature on said pro-
perty; fo permit. commit or suffer no waste, impairment or defertorotion of said land or the improvements
fherecn at any time: to ItPep the buildings nou• or hereajlPr on said land fully insured in a sum of not less
than highest insurable value------------------------------
in acompany or compartiPS acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus: to pay all rnsfs, charges, and expenses, including lawyer's fees and title
searches, reasonably tncttlred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnvsnanfs of said note and this mortgage.
or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set f
orlh in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest bw-
(ttl rate then allowed by the lau?s of the State of Florida.
any sum of money herein referred to be not promptly paid within ` ~ (30f days next after
the some becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully perforated, complied with and abided by. then the entire
. sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the rnntrary notwithstanding. Failure by the mortgagee to Pxer+cise any of the rights or options herein
provided shall not co/tstittltP a u~aivPr of any rights or options under said note or this mortgage accrued or
fhPrea(IPr accntin{t.
Dn ~~~L,s IhP sail mortg~gur has hereunto signed and sealed these presents the
I dap and year first ahot~P u~riffPn.
Signed, sealed and dPlil~Pmd in fhP presence of
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STATE OF FLORIDA,
COGITY (~F ST. LUCIE
I HEREBY CERTIFY that on this day, txfore me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
L. K. SMITH and LILLIAN A. SMITH, his wife,
to me known to be the person s described in and who executed the foregoing instrument and they. acknowkdRed
I~eforr me thatthey executed the same.
N'I7 \iESS my hand and official seal in the County and State last aforesaid this 2nd day of
January A. D. 19 $ Q
- NOTARY P ,BLIC StatE~d~ ,~p~3~a
' .
,4 at Larg ;
I My Commission Exg~rel~~l~
FILEED ~kE REGD+l0E0 ~
ST.LUCIE CWINTY.F``/?. ~ ; ~
ROGER POITRAS
CLERK CIRCUIT CO :
Irlllttttl:~1~~~~,
4"71494 ~f1.. , .
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~ /,/~,1~ a ~2~? No. 2~ sc ~~P ~23 P~cE 647
1. Stt~l+cn i~'lI, ~ 61,oK _
' fort Pelee, flan