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HomeMy WebLinkAbout1898 , ~ nn~l s1~nll pe~r~o~m. romp~y u~ill~ rnd ablde Ly rnch ~nd ~~~c~ry tl~e apreemenls, ~fipulQllo?i~. cor.dti(ons and ~ar~nnnis 11~erno~, nnd u~ I?~i. niorl(1~lf~~ I?~~rr f1~ts morl,r.n~~e ~?~d th~ ~slat~ I~ereE~y crrafe~. shall :~oae. de. ~i~nntnt~ ~r~~l be ?n~ll c:;:l ~~ui<l. iin~ t~~e morlft~flor ~~hrr~~y ltirlJ~~r rni~~nanls urtc~ a{~rc+os lo pay prompfly when c~ue i{in princtpa~ anr~ inierost anc~ ~~I~u~r sums al monc~y ~~rovi~~rcl ~or tn sni~I riolc• anc~ lj~ts mortflag~, or eif~~~r; to pny a~~ anr~ sinfl~~Inr f~~i~ ta~~s, nss~csm~nis, ~~~~I~s. ~iri~~i~itic~s, ol~Ilflnltons, ~nc~ en~umt~rancns oj ei~ery nalure on saic~ pro• perty; In permil. ~~ommii ur suf J~r no tvusto. in~pnirm~nl or ~IelerioralJon o~ saic~ ~an~~ or 1{~e improvemenl~s !~«~rncn at a~~y fimc~: b~~~~p 1~~~ ~>ui~r~in{is iio~v or ~~er~a~trr c~n «i1t~ ~nnc~ f ully Insuri~~I In n sum ol ?tol ~eas ~l~n« full insuzable valu~ 1n a campany ar ~•ompnnic>s acc~~ptn~,~e io fl?e morl~npee. II~e policy or po~icies fo ~~e {~e~e~ E~y, anc~ payah~e ta, snitl ntorfqng~~, nnc~ ie~ ~l~ie rv~«t asiy sum o~ mo~i~y ~ecomes nayAbl~ ~y ~~irfuv o( such insiirance f~~e mort~~g~~ sl~nll i~ai~~ Ihe riaht fo rc~rei~~e and apply lliQ same to lhe incle~,tedness ?~ere~~y securecl, accounling to I~~n morl~unor for ar~y surp~~~s; b pay a~~ cosls, c{~ar~es, ancl expenses, ietc~tuli~ifl Inu~yer~s jees anc~ tif~e sean{i~s. r~asona~~~v ietc!trri~~l or pai~~ ~~y I~~e mortpa~tec~ hecause o~ tEie ~ai~urc~ oj 1~tc~ mortgaflor to prompt~y un~ f u~~y ~•a?»niy tvif~i l~ie ~~r~~me?~Is, sfFpulntlo?ts, conc~ifioris anc~ cavenants o~ snic~ nofe anc~ I~iis mortgaae. or eif~i~r: fo p~r(orm, corttply wif~~ ni~cl a~~ic~e 6y ~.-?~L nncl every f~~~ npret+ments, stipul~lions, a-onc~ilions anc~ cut~enanfs sef ~orl/~ in satd noln and this morl~age or ~~ilher. ln t1~e evFnt fhe mortga~or (ails to pay u~hen due nny tax, assessmrnf, insurance premium or ot~er sum o~ money paya~l~ ~~y virtue o~ suic~ nofe an~ tf~is mortga~e, or eit~ier, t~ie morlc~n~~ee ?~~~y ~~y ~h~ same. ~c+il~iouf waivin~j or aj~eclinfl i~ie option lo Iorec~o..e ~ or ~ny v1l~~r ri~~I~t I~ernu~uler, nnd alI sucl~ paymenls s1~aU ~~ear intere~st Jrom ~?ate thereo~ a! the Iii~hest lau~- ~u~ rnte t{ien a~~owec~ ~~y t~~e ~n~ns of f~~~ Stnle oJ r~ori~a. . - ~1 ar~y sum oJ monry ~~~rein re~en~~ lo I~~ no! prornptly - pnit~ within ten ~Iays next alter . ~ 1~~~ snm~ E~c~~amrs clu~, or iJ enc~i rtn~ e~~ery 1{~e a~reem~nts, sfipu~afions. ronc~itions anrl covennnts o~ sai~ note nnij t~~is morff~aqe. or eil~~er, are ~iot (u~~y per~orme~{. ~-ompli~d wit~i nni~ a~~ic~e~ ~y, then lf~c~ entire sum me~ition~~1 iri snicl not~, and this mortpage, or the enlirn bnlarice u»paid thereon, sliall forlhti~ill~ or flipren~ter, nt thc~ oplion o( lfie mori~n~e~, ~~ecome an~ 6~ rI[~e anc~ payntilc?, nnything in saic~ no~e or E~erein to i{i~ co~iir~ry r~otu~il~~stanc~in~. F'ailurc+ ~,y ~h~ mor(~agee fo exc~rcise nriy o~ t'~e rig~ts or opfions herein proz~i<~e~c{ s{~n~~ noi consiihile n u~niv~r ot a?~y tiR~~is or oplinns u?ic~er snirl nole or lj~is morf~age accru~il or _ _ tl~~rcn jt~r accri~iri{~. . ' ~n- ~~~n~ss ~~e~Q~l~ t~~~ sni~ mor(y~gor {ias ~~ereunto si~~ne~ an~ sen~~~ I~iese prnsenfs thP c~ny ntu~ year `irsi af~o~~e inriUen: • - - • Sifltte . sea~et~ a~i~ c~~~ii~~~~t~ in !{n~ pr~c~t~~ of : ~ _ ~ - . / , - . . r , ~I/. G _ . . ~ . . . . - ~ 1i~ F . SmitYi? ~ ~ ~ ~ ~~~f ~ . . "C/------------------- - ~ - . - . - - ~ . _ ~,E'E' ' ~ --~S~i~ii•l~y. . ..Smith ~ - . - , - - . , , _ _I STATE OF Fi.URIDA~ - coL~z'~• c~F ST. LUCIE _ _ I IiEREBY CERTIFY that on this day, before me~ an o(ficer .duly authorized in the State a(oresaid and in the Counq• a[oresaid to take acknowledgments, pcrsonally apptared ~ PHILIP F. SMITH and SHIRLEY J._SMITH, his wife, to m~• knoy~n lo bf• thc pcrsvns clcscribed in ~nd who caccutcd thr forc~oinq instrument and they acknowlcdged bcfotc mc th,~ they executed the ~~me. _ - , _ 11'17'\ESS my h~nd and a(ficial seal in the Gounty and Statc last aforesaid thi. ZCth ~ day o[ - ~ .June v. ~s 75. - _ - - . _ _ ^ ~ = . . - . . . . . - . . - - - - - - . - - _ . ~ Notary Piib , tate o~~ Florida . - ~ _ at Large' - . _ : - ~~~.}4._ ~~'6 - - . My Commis s ion Expire~ ;,~.r ~ : . ; .....:'4~~, - ~ - _ . fl~~~ A~ C4U~~1f F C, . - ; r t.L~~~£ p1ZRi?S ' ~ 3 ~ ~Y~ ;~+tn ~ _ r ~ ~pGE~` C~~~ ~p1laT ~ - ~ r¦ : -~;_~'i / =~0 ' _ ~x ~ J 1 • ' ~?~4 ~ ~~EQ v~R'~~E~ • ~ ~N~{ a : A - ~1 fGd ~ . 10 `;~C y.. R ~3 ~ ~~1~375 ::,'-,,,s~; fi=:;~ e3~,,,~ ~ - 9 ~ - .Z `,,,ti_ ' _ . . _ %%ii.r I~;s/nunc~d pr~pnr«l Gy: . . • ~ - - THIS IHSTRJ'r: E`a~ f:''~ ?~:=~:.=iD BY i _ - SPENCER B. GiIBEn~, l;ttornzy at law ~ - ~1Jd~~ v ^ ~ BCOK ~4U PACE~Qc7t! ~ ~0 Z. S~COND SiRf~T , fi. Plti:~f. FiA. 3'.~A ?