HomeMy WebLinkAbout1353 ' ~ .
a?u~ s~n~~ perlorrn. c~omply wilh ond abide br ~ wtd !ha ~ge~earrunl~, ttipu~ntions. can~Itionr and
co~~enants ~here~/, a.?d o~ t6ia mortpape, then tl~is mortgags ond ths s~tate hnn6y created, shal! eews, d~-
~ te?mine nnd 6e null nnd ~wid.
~!~e mortgagor l~en?6y Jurthe? rnueaents and ogroes to pdr promptly whan dtu tk~ pr+Incipnl and
i~leresl and olher siuns oJ monay prov~ded ~o~ in said not~ nnd this moNgaps, or eilher; ~fo pay nll ond
sfngu~ar f{?a fuxps. asseumenl~. ~evIes. ~iubi~ities. ob~Igafi~ns, and encum6ronc~s o~ ewry noture an sak~ pro-
perty; fo per?nit, commif or su(fer no woste. tmpnirment or deterio~+atton o~ said ~and or fhe Impro~eineRb
therrcn at any Ilme; 1o Ireep the builciings now o~ 6errafter on said land /ully insured in n sum o( not Isss
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in a eompany or companies ac~cepiablp to !he mo?tgagee, lhe policy or poltcies to 6e held 6y, w~d ~~bt~
to, snic~ morfgagec~, aner in i~a event a:sy swn of money becomes ~yable 6y virfue bf suc% insurnnee t~s
mongagee shull ?eave tl~e right to receive and apply the same 1o tke inde6tedness he?e6y secured, aeeounting
to the morfga~or ~o~ uny surplus: to pay a~~ cosla. chorges, ane~ expenses, inc~uding ~nwyer s jee~ and itf~e
SeOM~Pt, reasono6ly incutrrc~ or paitl 6y tl~e mortgagee ~~ause of fhe ~aQ~ure o~ Ihe rnorfgngor to prompfly
and ~ully eomply with the a~~eeme~~is, slipu~aiions, conc~ilions nrtd rnvenants o~ said nole ane~ t~Is mortgnge.
w eitl~er: fo pe?(orm, comply u?i~l~ nnc! a6ide 6y each and euery t1~e agresments, sfipulattons, co~aliftons and
couenanfs set foA~ [n saic~ note ancj f~ts morfgnge a? either. /n t~e event ttie ~norfgugor ~ai~s to pny when
due any fax, assessment, insurnnce premium oi ot~er sum o~ money papab~e 6y vtrtue of said nole and this
~o~lgage, o~ eiti~er, fhe morlgagee may pay ftie snme, wit~out wai~ing or af~ecfing the option to (orec~ose
or any otlter right hereun~Ie~, and all such payments sknll 6eor tnterest /rom dnte lhereoj nt tl~e I~ig{~es! Iaw-
~ul mte then a[Io~uzd by Ihe lau•s oj 11~e Slate o~ Florida.
any sum of mon~y /~erein re~e?red to be not promptly paid within 30 clays next njter
t6e snmR 6e~omes due, or ij each and every II~e agreements, stipulalions, conditions and rnvennnb o~ said
nole and tl~is mortgage, or eilher, are no! Jully perjormed, rnmplied with and ab~ded 6y, then t1~e entir~e
sum mentioned in said note, and l6is mor~gage, or the.entire 6alance unpaid tl~ereon, shall jorthwitl~ or
thereajter, at tbe opti~n oj the mortgagee. 6ecome and be due and pnya6le, nnything in said note or herein
to (~e contrary nolwil~slnnc~ing. Fai~ure by t~e mortgagee to exerrise any of fhe ?ig~fa or opttons ~erein
provicletl shn~~ not c~onslitute n waive~ of any righfs or options unt~er saicj note or this mortgnge aecrued or
therea(ler accruing. - ' .
~n ~itness ~hereoE~ f~e said morlgagor has tierr~enio signec~ nnc~ sea~etj these presents !~e
clny and year ~irsf abo~~e irritlen.
Sign , sealpd an eli~~ered in the presence o~: ~
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STATE OF FLORIDA, ~
COU:VTY nF $t. Lucie
I tIEREBY CERTIFY ttat on this dar~ beto:-e rne, an
ofGcer duly authorized in the Stat~ a(otesaid and in the County afcresaid to wkc acknowkdgme~ts~ penonally appearcd
Johri F. Nixon~ as Trustee
ta me known to be the person desc?:bed in and who e:ecuted the [oreqoing instrument and t18 acknowledaed
beforc me that he ~xccuted the same.
~YI7 i~IESS my hand and cfficial seal in the County and State last aforesaid this '~~h d~Y o[
February A. D. 19 73 •
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NATARY rU~LiC STAT[ v•"••
~ 'R`- ~tCt~n0E0 f.1r .~P.7:.~ISSICt7 EX~t: ~_S AU,.~ gA`AT L%~!!~~'"
~ ST Zt3C~' 'J_~tiTT Fl4. EN , 979-• - i..
(~ENERAL INSURAtiCE U~:DERIVRIJ'£R~, N ,
C; ~r: . ; ~ ~ URT ti'i~~, ?
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FE$ 28 3 49 PH '73 r - ~ - . ~ =
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nJd,~ S~°° C. Vic~ President 0 R
Title Security Cor.ipar~y aorn~211 PACE~3~
321 S. 2nd St. , Ft. Pier oe, Florida 33450
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