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0145
i ~nrl sha~~ pi~rJorn~, i•omp~~ u~ill~ and a~~i~~e Ly ench an~{ e~~~ry t~e u{~reements, slipu~ation's, condltiorts and ~•~~~~~~riru~fs f~~~~~ck~~. anc~ o~ f~iis moN~~a~~e. I~e~~ 1~~is morfgag~• an~~ f~e ~sfnfP hp.~6y creafet~. sha~~ cease, c~e- I~~rmin~ an~~ nut~ ~uu~ ~~ui~~. ~in~ I~~r murlr~n~~or ~ii~n•~~y ~tul~~er co~~~~nanls a?tc~ a,ryrees fo pay prumplly when due f~~e prirtcipa~ ant~ inl~~rnsl euu~ ul~u~r .~uns o( m<~m~y pro~~i~e~~ ~or in sni~~ nofe anc~ fhis morl~a~e. or eilher: !o pay a~~ antr sin~~ular fli~ lams. ~~ssi~cs~ru~~~lc. ~~vii~s. ~ia~,i~ifi~s. ohli~~alions. ancJ pncuml?mnces o/ enery nalure un said pro- prrlp: fu ~x•rmil, i•ummif or su~(~•r no a~aslc~, impairn~~nl ur ~~elerioraliu?t oj sairl ~an~~ or I~~e improi~emenfs Ilu•m~•n ~I ~u~~~ lim~~: lo ~r~p Il~r h~~ildinqs ~~~,u~ or h~•r~~a~f~~ un .aid la~~d ~ully insur~d in a sum oJ not less ~,3s,ooe. ~o in u~•on~pon~ or ~•ompanirs ui-i~~•~~In~~~e lo f~~r morf~~a~~ee. I~~e po~iry or po~iries lo ~~e ~~r~~~ tiy. and payn6le lo, sairl morl~~n~~~i~, an~~ iri 11~~ ~~~~~?~t m~y sum oj money becomPS pay~b~e 6y viNue o~ such insurance tGp me~rf~~~~~~~ s~~a~~ ~u~r~ I~u~ ri~~~il lu roi-~i~~~ nn~ app~y 1~~e same fo ih~ indebfec~ness I~erntiy securecl. accounling i fo Ij~~ morlq~~~~or (or any curp~u.: to p~~• n~~ cusfs. i•~~arArs. an~~ e.rn~nsPS. inr~ucling Iau,yPr~s Jees anc~ fit~e s~arc~~~s. masonab~,l' incurt~•~~ ur pni~~ ~~y I~~N morl~~n{~~c~ ~ecaus~ oJ I~~e fai~ure o~ Ihe morfQa~or to prompi~y on~ (u~~y i•omp~~ u~if~~ 1~ie a~~ri•~~m~•nfc. slipu~~lions, con~Iifions an~~ coi~enanls o~ sai~~ nofe an~~ Ihis mortgage. or ~~il~~i~r; lo p~~rJorm, rornp~y irif~~ an~~ a~~i~~e hy each an~~ ~~nery l~ie agreemenls, sfipu~ations, condifions and ru~v~nc~nfs s~t (orl~~ 'in sai~~ noi~ an~ fhis mortg~c~e or eiltier. /n 1~~~ c•n~nt f~~e mortgagor jai~s b pay u~f~ert c~ui• arry tn.r, assescmcvil, insuranc•p pr~mium or olti~r sum o~ money p~yn~~~~ ~iy i~irfue o( sai~ note an~ t~~'s morl~a~~e, or ~il~~~r. 1~~~ mort~~a~~~~ may pay fhP sam~, iril~wul ioaininq or aJ~~cfin~ thp opfion b~orcc~ose or ruiy oll~~r ri~~l~t lu~r~iu~cler, nn~~ a~~ su~•h paymenfs sl~~~~ f~ear inler~st jrom t~~~te tltereo~ qI t~P F~igh~st Iau~ (u~ rute~ I~~en a~~~~u,e~~ ~i~• f~?e ~n~os of f~~r Sfate o~ f'~ori~a. ~l any sum uj mo~•~v ~i~reiu r~•~errn~I lo h~ not prompfly paic~ iuithin ~ 5 ~ays nex! o~ler 1~~~• siun~ ~~~~-orn~s <<u~•, or i~ PAfII ancr i~nery Ih~ agreempnis, slipulnfim~s. con~Iifions un~~ conenants oJ sait~ nol~ «nd tliis muri~~a~~~~. or ~ill~~r. nr~ nul fully perforniecl. compliecl u~ilh and al~ided 6y. t/~pn tl~e entire sum m~ntiun~d in sai~l ?iol~•, and 1{~is mort~~ag~, or the entire 6alance unpaid Ihpreon, shal~ )ortl~with or Iher~~fter, at Ili~ oplion oj 11~~ mor~~ng~~. ~~~come anrl 6~ due and paya6le. anythinfl in sui~ nole or I~erein fo 1~u~ ~onlrary nolu~it~~slan~~in~~. /~ai~ur~ ~,y ItiP morlnagP~ fo ~.rerrise any o~ the ri~~ts or optior,s ~erein pro~+i~~iK~ sha~~ nof runstifuf~ a ~oai~~~r o( nny ri~~~~ls or opfions ~uu~~r sair~ nol~ or Ihis mortgage accruei~ or ~ f~~~rn~jl~r rtt-cruin~~. f ~n ~itness ~hereof~ I/u> ~ni~I mortg~,yor lias I~Prnunlo siqn~ and Spq~PA IhPSB presenis Ihe ~Ic~r mul y~ar Jirsl abor~~ u~riit~~n. THIS IS A BALLOON MORTG4GE AND THE FINAL PAYMENT OR ~q~B~ ~N~~I'o`r~~~V~l'~;ICEM~TSR~DE~B~~T~~~ ~RTGAGE GUf~QER TH~TERr VOF TNISRFIOR~'GA~E. cpa ~t . , . ' 1 ' ~ ~ , - _ . . . - - . - . . r i ' . c. ti~ choi s - . . . . . . . ' ; , " ' ' . . . . . . . . _ _ ~,,,JJJ t " " "'.~'_"'~a ' ' ' ' f ~ ~ ~ _ ' ` . . ' . f ~ ~ i ~ s~1:aTE oP~Qip(~iX1X NORTN CAROLINA ) ' ' COL'\TY OF GUILFOR~ i ~ I IIEREBl' CERTIFY that on this day, beforc me~ s.~ i u((i~e•r ~iui~- auchorir~d in the Stat~ aforesaid and in the Count}• afon•said ~o tak~ aclcnowl~d¢mrnts~ p~rsonaily appeared E. B. Nichots, a single adutt ~ to mr known to Fx~ th~ p~•rson d~scrihed in a?id who eaecutrd the foreroin¢ instrument and he acknowledged ~ IK~fur~- ine th~t f1@ ~x~cuted th~ sam~. \~'tl\ESS my hand and oftirial xal in th~• (:ounty- and Statr last a(oresaid this - ~~=•~f ~"'tlay of t ~ - Augus t n. ~9 72. ; ~ ~ . ~ 1 • . / ~ r . ~ , ~ , ~ - ~ ~ ' • . ~ -_i.....---•-•--•-~-----~ ~ ` J, ~ ~ .y.~o~~ S'~ • 7 y ~ ' _ ~ . ~ ~ • . . fILED ~F!^ 4CyQRVEO ` ~ ST.L'JC~~r~~^ NTT FLA. ~ ~ ROCE ~ ~ "AS ~ ~ ~ CI~RK ;.l:tCUIT COUNT'~ a=cr:~~~ y~= ~:E~~ ~ i sEP 5 ia S~ aN ~~z ~ ~ ~ 23'7381 ~ ~ Tlric Ins~nii»~~r~ prfpnrr~! !ry: E 1 si e!1. 0~ L~ughl i n ~ A~fdrf~s P. 0. Box 3405 ~ 207 South Second Street 0 R~~ 1~5 Fort Pierce, Florida(33450) 800K , _ - ; s : ' ~ .