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HomeMy WebLinkAbout2306 an~ sliall prr~urm, ~-umply u~ith ancr ~6ide ~y eac•h and i~~~ery 11~e ogreentenfs, atipulations, conditions and ~ co~~~nanls I~~Pn~ol, an~ oJ f~~is morlf~att~. f~en t~~ia mortga{~e and thp Psfafe hereby creat~, sha~~ cease, de- ~ ferminn mu~ ~x~ nu~~ an~~ roi~~. # Iin~ fh~ murt~a~~o~ ~~en~hy ~urlhP~ coi~~nanls anc~ aprees to pay promplly when clue the principal and inlerrst an~ olh~r sums of mon~y prot~itlMl ~or in sai~ nole and this mortgage, or PIIhP~; fo pay a~~ and sin~ulnr Il~e fa.r~s, ass~ssmenls, l~vies, lia~,ili~ies, o6lifla~ions, nnd encum6?ancea o( every nalure on said pro- pnrly; fo permil, c•ommit or suf fer no u~aste, impairmenf or creferiorafion o~ sai~ ~and o~ Ihe improvementi Ih~~rncn af ar~y limn; fo 1r~Pp tl~e 6uildinf~s noto or I~pr~a~l~r on said ~and ~ul~y insure~I in a sum o/ not ~ess ihan higheat iasurable value in a ~•ompnny o~ ~~ompanirs acceptab~e lo Ihe morlgaUee. Ihe policy or po~icies fo bp hpld 6y, ancl payn6~e to, said morfc~agee, and in 1he evenl any sum oj mon~y 6pcomes paya6le 6y i~irtue o/ such lnsurance the morfpa~~e s1~all hn~~e Ih~ right ta ~Pl'PII~P a~id apply t{~e same to the inde6tedriess I~ere6y secured, accounting fo ftie morlga~or jor any surpG~s: lo pny a~~ cosls, c~~nrges, and expenses, inc~uding ~awyer~s ~ees and fif~e spnrcties, rPaso?ia~,~y inrurrec~ or paicr tiy ~{~n morfgag~e hecause o~ fhe ~ai~ure o~ Ihe morfgapor lo prompt~y a?ttl (u~~y ~•omp~y u~~th ~hp a{~re~emenfs, sfipu~nfions, conclitions ancl coi~enanfs o~ saicr note an~ f~is morfgage, or eif~~er, to per~orm, comply u~itl~ and abide 6y eac~ anc~ Pl~Pfy iflP agreemenfs, sfipulations, conc~ifions antj coahnanls sef jorlti in saic~ nofe an~ this morfgage o? eifher. ~n the Fuenl fhe morfgagor ~ai~s fo pay u~~en due ar~y tax, assessmrnf, insuranc~ premium or ofher sum o( money paya6le hv airtue oJ saicr nole an~ t{~is mort{~nge, or eil~ier, l~i~ morlga~~~e may pay f{~p same, irif~ouf wnivin~ or a(~pcfing f~~e option fe ~orpc~ose or any olher ri~I~l F~er~iu~~~r, and al~ sucl~ paymenls sF~aU 6ear interpsl from date IF~ereoJ a1 !he h~4hp:t l~~~?- (u~ ratp Il~en ~11mve~1 tiy Ihe 1au~s o~ 11~e Sfate o~ Florida. any sum o~ mon~y {~e?ein re(err~~ to tie not prompt~y paid wilhin 30 day: nexl a~ter fhP snmP b~com~s r1u~, or if eacl~ ond erery the agreements, slipu~alions. co~ditions and conenanls of said notp an~ i~~is morl~~a~~~, or eit~er, are +iof ~u~~y per~ormecl, compliecl u~it~ and a~ic~e~ hy, t~Pn (he pnlire sum mention~d in said not~, an~1 this mort~age, o~ the entire 6alance unpaicl thprnon, shal~ Jortl~wit{~ or fhereajfer. ~t fhe oplion o` fhp morf~age~, hecom~ an~ ~p c~ue anc~ payab~e, anyf{~ing in saicj ~ote or herein to Ihe conirnry nol~oifl~slartclinry. I'ai~ur~ ~~y i~~e mort~agep b N.rercise any of the ri~hts or options ~erein _ prot~i<~t•c~ sha~~ nof conctilutp a u~airPr oJ any rin~fs or options unc~er sai~ notP or this morfgagp accrucH~ or thcrnajt~r n~•cruing. . ~n ~~tness ~~~0 ~~IP SOI~ morf~n4or ~1(IS I~PrPUnlo SIyI1P~ (lll~ SPQ~P~ ~~~PSe presenis Ihe cray ~nc~ yrar (irsf ahor~ u+r' n. / i $igne~. a~ ~ ~c~ i r~se cP oJ: • . / ~ - - - . . . _~i`r` ~'q"'~-~LSOii -r Geor Fl. , ~ ' - .~J._ - ~ - - - - - - - - ~ - ~ - - ~1.,~-------- - ii~ ~ Betty . Nilson ~ . . . _ - ~ - ~ . ; Y ~ .~y S ~ • " ~ STATE OF FLnRIDA, ~ ; i ~ COL.'\TY (lF ST. LUCIB ~ ~ I NEREBY CERTIFY that oc~ this day, be(ore me, an 4 offi~~r dul~• authori~ed in the Statc a(oresaid and in th~ County aforesaid to tak~ acknowledgmrnts, p~rsonally appeared 'i ~ GSORGB ii. WILSON, JR. and BBTTY R. iiIL30N, his wife ; ~ to m~• known to tx th~ p~•rson g described in and who executrd the (or~qoinq instrument and they acknowledRed before me that they ca~cuted th~ same. : ~ ~~'~'~'~,-\ESS m}• hand and officiai seal in ihc County and Stat~• last aforesaid this ~ ay of E .I4!~~t'Y A. D. 19 75 , ~ ~ ~ ~ ~ • . : , . • . ; . ~ . . . .'r . •,-Sl s . . - Y . . . ' " ' " . " " ~ ; i tOTl~, Notary Public j ; '~n ; ~~,'w.. ~..r' Np~ry publit, St~te of Florida at LarB~. - - • ^ y ~ - My Commiss;on EXpires Sept. 1, 1977. ? '.'i T _ . ~ 1 - t : a l~~R . ' i k =T~LUCIE COUMTY f~A. ~ ~ ~ ROCER ?O~=RAS • • ' ~ CLERK C~?CJ1T COURT , ~ RECORG YfFtFt~U i : ~ fF8 Z5 Z 39 ~~'~~J ~ % %ii.~ lu~~nnnrn~ ph~+nrr•~/ by: ' ,-li/~/ir:cc O ~ ~1V~r~INIG~ i n ~ BQaK 236 F~~2303- ; ~ ~ ~ : ~ ~.`.are ..~n . ~,e__. . . ~ . _ . . . _ , _ . ~ , .~w_.~~