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HomeMy WebLinkAbout0520 and shatl perjornt, rnrnply witle and a6ide 6y ~h ond e~~ery the aereements, stipulntions, condittona and cot~enants thereo~, and o/ tl~is mortgage, then this mortgage and the estate here6y created, shall cease, de- lermine and 6e null and void. ~ tl~e mortgogor hera6y Jurthe~ covennnta and agrees to pay prompfly u~hen due Ika princtpal and inleresf und ot~er sums o~ money proviclec~ ~or in said note nnd f~is mortgage, or eiftier; to pay a~~ nrtd singu~a~ ftie taxes, msessmenls, ~evtes. ~iabi~ities, o6~ipafions, and encumbmncea of every nature on snid pro- perly: to permit, commi! or suf~e~ no wnste, impairment or tleteriomlion o~ aaid Iand or fhe irnprovemen4 thereon af any time: fo ~eeep the bui~ings now or ~e?eaJter on ~a~d b~d Ju~~y inaurec~ in a sum o` nat leu than pne Thousand Six hundred Sixty-Four and 82/100 ~n a compnny or companfes acceptab~e to fhe mortgagee, fhe po~icy o~ po~tcies to be he~ by. ~d ~ya6[~ to, said mortgagee, end in t~e evant uny sum o~ money beeomes lwyo6t~ by vlrtue oj such tnaunance f~t morlgagee sha1~ 1?ave tl~e ~tgl~e eo ~et~ aRd ~,pIy rf~e s~.,~,lo rhe t.,de6eed.~s, l~e.~6y :~wgd, accounting to thp mortgagor (or any surpltu; to pay a~~ costs, ctiarges, and expensea, inc~uding ~awye~s faes and tit~e searr/~es, reasona6ly incurrec~ or paid by t~e moMgngee becuuse of fhe ~nt~ure oJ fhe mortgagw fo promplly and ~ully eomply will~ tF~e agreements, stipu~attons, conc~ifions ancj rnvenunts o/ said note and thi~ mort9ngf, or either: to per/arm, comply wit1~ and abide by each•and every the agreements, sfipulationt, conditio~s nnd covenaRfs spt fortti in said note and t~is mortgage or eifher. ~n the event fhe mortgngo~ ~ni~s to pay when - due any tux, assessmenf, inswnnce premium or otl?er sum o/ money pnya6le 6y virlue oj suid note and t1~is mortgage, or eifher, t~e rreorfgagee may puy f/~e same, wif~out waiving o~ a~fecting t~e option lo /orecbae or nny other right hereunde~, and a~l such puyments shall 6ear interest (rorrt date thereoj at the highest Iaw- (ul rate then aI[owed 6y t6e Iaws o~ t6e State o/ Florida. " any sum of money ~terein re~erred to 6e no[ promptly paid within doys next af ter the same 6ecomes due, or i( eaclz nnd every Ihe agreements, stipulations, conditions and rnvenants o( sald note and this mortgagp, or either, nre not /ully per/ormed, complied witl~ and ab~d~i by, fl~en the e~tire sum mentioned in suid note, nnd t/~is mortgage, or t~e eati~ balanc~s wtpaid t~tereoae, s~a~~ ~o~rh~tih or tbereajter, at the opfton oj the mortgagee, bec~orrie ~d be d~ a~d ~yobl~, anytl?in9 in satd note or I~erein to t~e confrury notruitlutanding. Failure 6y t{~e morfgagee to exercise nny of t~a rig{~t~ or opttor4t ~erein pr+ouided sl~a~~ not rnnslitufe a u~oiuer o~ anq rights o~ options under said note or tl~is mo?tgage accrued or !{~erea~ter uccruing. ~n ~~~~s ~~Qt~ tl~e said mortgagor hns hereunto signed and senled these presenls the day nncl year f int ahoae writfen. Signed, sea[ed and delii.ered in the presence o/: ~ . , . _ _ ~ - i , - , . .;;z-; ~ , _ l<<tY_ . ~ •-.._...-----°•-•---..._..C=•- - 1~,--°~~~-~ .YL=L_4_<t.~•°--°- • • - - - - - ~ - - -C ~ A hie Lee~ixon . > - ~ .~,c l ~ - ~,ti~v . . . _ . ~ . - . . ~ • -lia C~ierif~Nixon , • i ; STATE OF FLORIDA. ~ ~ covrrrv oF ST, LUCIE I NEREBY CERTIFY that on thii day. be[ore me~ an officer duly authorized in the State aforesaid and in the County aforesaid to tak~ actnowkdgments~ penonaUy appeared Archie Lee Nixon and Julia Ghent Nixon, his wife to me known co br the person described in and who ezecuted the forcgoing instrument and they actnowkd~ed before me that t}t~I executed the same. WITNESS my hand and officia! seal in the County and Stat~ last aforesaid th"s 1 jth dar o( August A. D. 19 72 ~ ~ . _ . . fIlEO AltL` 1tfC4R~E9 1` - - St.lUC1E C~L'NTY FLA. ~ ' ' • ~ ROGE} ~p~t~~S L~ IAII~ fYlLIC. itAtE uF F~WA~ t t~~ . CtEs~K '+1!T CCJRt'~ MY COMMISSION EXPIRES11811~ 1'l7t~• _ Rc{rF^ -"':i ~soNOCO u+ROUwi ~R~o w. Aiti~itL~ORtT ~ 15 I I 36 AN'~Z 3- 7 Z . 235336 17iis htumincn~ pnp~~rc~/ by: irene Sewell, First National Bank A,/~/nxr P. O. Box 970, Fort Pierce, Florida d00x PACE ~I~ i - ~ - > _ _ _ . ~ . . _ . --~~t,.~~