HomeMy WebLinkAbout0277 aru~ s~~n~~ pi~~jorni. ~•omp~y u~if~~ nn~~ ~~~i~~ ~~y eui•ti an~~ e+~e~y the apreemenfs. slipu~afioris. eon~ilions and ~ -
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co~~Nnanls th~rc~.~~. ~nd oJ Il~is nwrt~~~ti~. Il~i~n this mortna4~e and Il~e PSIQIR here6y crPate~1, shall cense, de- ;
IPrmin~ nntl 1,~ ne~ll an~l i~~~id. ;
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11n~ f~u~ murl~~u~~or ~~ivi~{~y ~url~irr i•oi~~na?its ancl a(~rPes to pay prompl~y ~v{~en c~ue the principa! and j
interns! an~~ ol~~~r s~uns o( moui~y proni~~e~ ~or in saetj nole ancl f{~i~ mori{~uge, o~ eifher: fo pay a~~ antj '
sim~ular Ihe lax~s. t~ss~~~.rn~~nls. Irvi~•s. Iial,iliii~s. oblifr~tiuns. ancl Pni•umhrnnces o/ every nafure on said pro-
perty: fo p~rmil, commif or su~J~~r no u~ns?~~, impairmPnt ar c~eferiorafiun o~ sai~ ~ancl o~ i~e improuemenls ~
~ 1'IPIPI`II A~ NtY ~I?11P: 10 ~~•P~~ I~~P ~)tll't~lII~~S ROII~ Or ~IP?t'Aj~P~ Ofl Sqit~ IA~1(~ r11~'y IflSlllp~ lfl Q Sl~?Il O~ fl0~ ~PlS
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in u i-ompnny o? ~~omp~~ni~~s ~ur~~pla~~~e lo Ihr mort~a~~e~. I~~e po~icy or poGcies to ~~e ~~e~~ ~iy. and paya6le ~
fo, saic~ moric~nryee, a~~~~ in 11i~ ~~r~nt any sum o~ money heK•omps payahle ~y ni~tue of suc~t insurance f~p ~
mort~aryPC• sl~all h~r~ thf~ ri~~l:t fu r~r~i~~~• arid apply Il~e same to Ihe inde6ledness I~ere6y secured, accounfing ~
lo t{~~ morl~a~or ~or an~~ s~up(u.: !o pay cosls, i•{~a?~es, ancj c~xpensPS, incluclinfl ~awyers ~ees ontr fit~e
search~s, r~asona~,~y ir~curr~~~~ ur poic~ {~y f~~e morfgagee ~ecause o~ fhe ~ai~ure o~ Ihe mortgaflor fo prompf~y
ant~ (u~~y ~•omp~y u~if~~ I~iP n~~rri~nu~+~ts, sfipu~ations, con~~ilions anc~ covenanfs o( said note and this morfgage,
or ~ili~er; fo p~rJo?m, rom~~~y u~i/~~ an~ a~,i~~i~ tiy eacti ancl every 1{~p agrPemenfs, sfipu~ations, condiftoi~s antr
cor~>nanic set ~ort/~ in sni~l nu1~ nncl Ihis mortga~e or eilher. In 1f~e ~vent Ihe mortgagor fai~.t !o pay when .
c~u~ any f~x, nssessm~~nl, insi~r~n~•e pr~mium or ol{~pr sum oj money ~wy~6[e 6y t~irlue of saicr ~ofe und t{~is
morlnagp, or Pii~~er, f{~~ mort{~ag~~~ may pay ftie snme. ioit{ioul ivait~ing or aJ~ecting fhe opfion fo ~orec~ose
or ony other ric~l~t I~erpurcl~r, an~( all surh payments sF~al1 b~ar inlPrpst ~om date IhereoJ at fhe hig{~est lau~-
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(uI ral~ fhen allou~e~l 6y 11?~ Ia~rs o( t1~~ Sfafe o~ Flori~a.
f ~
~L any sum uj mu~~~~~ tiev~in re~err~~ lo ~~e nol promptly pait~ within 3~ ~ays nexf n~ter ~
th~ sam~ bpcomes du~, or iJ «ch and ~•~~ery 11~~ n~~reemPnts, stipulalions, condilions and coi~enants o~ snid
note and lhis murl,rynr~~•, or ~i~l~er, ~~r~ no~ JuIIy per/ormed. complipd witti and a6~dpd 6y, then t?~e entire ~
sum menlion~l in said no1~, and this mort ta or 1he entire 6alance un id thereon, shnll ort~with or
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f~erea~fer, af 1~~~ opfion o~ 1~~~ morf~aq~~, hecome an~{ due ond paya6le, anyf~ing in snic~ note or ~erein
!o f{~e conirury nofu~ifl~sl~nclin~. Failnr~ l,y !he morfgapee fo exercise any o~ the rig~fs or opfions herein
proniclcKl s{~a~~ not consfifufe a u~ai~~~r oI any ri~hts or opfions euu~er saic~ nofp or f~is mortgnge accrued o~ i
f{~erea~fer accruin{~.
~n ~~tll~s ~hereof~ tl~~• ~air1 mortgayor~tias hPrnunto siynPd and sealed fhese presents Ihe
~ay ant~ year (irst utiot~e ~rriffen.
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$ignet~. sea~PCr nn~ t~~~i~~ere~ in t~~~ prrc,•~~cP o~: ~
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Ol S. Nester :
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j STATE OF FLO IDA, AS t0 John Nester ~ ~
; c~ux"I'Y ~F ST. LUCIE _
~ I NEREBY _CERTIFY that on this day, before mq au ~
€ of(icer duly authoriz~d in the Stat~ aforcsaid and in th~ County aforesaid to tak~ acknowledqments, penonaUy appeared
!
~ THEODORE F. NESZ'ER and JOffiJ NESTER
~ to me known to be the person $ described in and who eaecuted the [or~qoinq i~strument and they x~~wka~a
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~ beiorc me that '~'ley ~x~cuted the same.
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? WI1i'VESS my hand artcl ot(icial seal in thc County and Stat~• last afor~said this t~~•'~~~~ da~ o(
; A. D. 19 73. ~JJ`~
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E otary Public a ~ : .
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' My corami88ivn exp~~~
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~ N07AitY PUBUC STA?E•OF~ ~?RIDA AT ~ ~RGr
MY COMMISSION EXPIR~S ~V. 18, lglli
; pENERAL INSURANCE UNDERWKi~.~w.
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This Iru~n~nrcrr~ pmpnrc~! by: Paul D. Newell, Esq.
A~Idr~ss P. O. Box 3779 fl g~~
- Ft. Pierce, Fla. 33450 °4~?
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