HomeMy WebLinkAbout0663 and shall perjorm, comply wilh and a6ide by eacl~ and euery ll~e agreements, ifipulations, conditions and
covenants ihereo(, and oj thia mo?lgage, tf~en this mortgage and Itie estate here6y created, shall ceate, de-
tern?ine and 6e nu!! and void. _
~ tl~e mo~taagor here6y jurlher covena~ts and agrees to pay promptly when due t1~e prtnctpal and
interesf and ot~er sums oJ money provided /o~ in said note ancr thts mortgage, or eIf~er; to pny a~~ ancl
singular the taxes, assessmenls, Ievies, lia6ilities, o6ligations, and encumb~ances o) every nalure on said pro-
periy; to permil, commit or suJjer no waste, impairmenf or deferiorafion o~ saict ~anc~ or f~e improuemenls
thereon at any time: to ~eep the buildings now o~ I~e?ea(!er on snic~ ~anc1 ~ully insured in a sum o~ not .less
than full insurable
~n n eompany or companies accepta6le to Ihe mortgugee, Ihe policy or policies to be held 6y, and payoble
fo, said mortgagee, and in the event any sum oJ money 6ecomes paya6le by virtue o( sucl~ insuronce Ihe
mortgagee shall have the rig61 to receiue and apply the same to the indebtedness hereby secured, accounting
to t~e mortgagor ,or any surp~us; fo pay a~l costs, charges, and expenses, inc~uc~ing jawyer~s ~ees nnc/ tit~e
senrcl~es, rensona6ly incurred or paid 6y the mortga9ee because oj !he ~nilure o/ the mortgagor to promptly
arit( f u~~y compjy wifh t~e agreemenfs, slipu~afions, conc~ifions a~t~ covenants of saic~ note anc~ t~is mo~lgage,
or either; to perjorm, comply witl~ und a6icle 6y encl~ and every the agreements, sttpulntions, conditions and
covenants set Jorlh in said note and this mortgage o~ eitl~er. ln tl~e euent the mortgagor /aila to pay when
due any tax, assessment, insurance premium or ofl~er sum oj money paya6le by virtue o) said note nnd this
mortgoge, or eiftier, t{~e mortgagep may pay the same, without waiuing or a)Jecling the opfion to Jorecloae
or any other right hereunder, and all such pnyments s{+all bear interest /rom dnte thereo( nt ll~e highest law-
/ul rnte 11~en allowed 6y the laws o/ tl~e State o~ Floridu.
il any sum o~ money ~erein re%rrp~ fo be not pro:npfly pni~I within 3~ doya next o~ter
I t1~e same 6ecomes due, or ij each and ~~~~ry the agreements, slipulalions, condilions and couenanis oj said
! note anc~ Il~is mortgage, or eilher, nre no! Jully perjormed, complied wit{~ anc/ a6~ded by, lhen fl~e entire
~ sum mentioned in said note, and this mort~ufle, or the entire balance unpaid thereon, shall f
ortluyitl~ or
thereaf ter, at the option o( the mortgngee. 6ecome and 6e due and paya6le, unything in 'said note or' herein
to t{~e conlrary nofwit{~standing_ Fnijure 6y t~e mortgngee to exercise any o( I~e rig{~Is or options herein
provided shall not constitute a waii~er oj any ?ighis or opfionJ under snid note or this mortgage accrued or
therea~ter accruing. _
~ . F
(CORI'ORATF. ~n ~~~n~s ~~~L ttie mortgagor has caused t~ese presents to
I SF_AL) he executed in its name, and its corporate seal to be hereunto a~~ixecl, by ~t~
~ f
i ~ proper o/Jicers the~eunto cluly autF~orized. !he day nnd year ~irst a6ove written.
i
i ~ . .
' ATTEST:--• - - : --L--(-~f'.r"i~----• -'~OHN-- D ..--NICHOLS_--COMPANY..._..--•-•-------•---..
; ~
Nancy J N hols ~`'"~'ery
~ Signed, sealed anc~de~iuered in l~~e presence o~: ~
;
,
s •
, /
/ c-
, ~ _ - ~ ~
i ~ r ( . B ' ~ .
.
. L.-- - - ,
f ~ ~ - ~ . John D. Nichols P~~
~ , , , ,
~ ~ ftLfO t.?;; ~ ~~~RDEp
~T IUC~~: C r~:1HtY F~a,
~
~ ~ 4L-l~ir. ~'iI•`P.A. - .LL
~ C t f_ C" t! R T
=.fc.,_ ; ~.;F~'
A~R l Il 52 Pt~ '7~
~l~l~ Of FLORIDA :
E
Qf INDIAN RIVER ~
~ 1 HEREBY CERTIF7 ~Iwe on ~I+is dur. b.Jo.e ,ne. an o(Jice. dutr uwborired h. t1~e Stoe~ und Cw.ntr oJa..,n;d ro tnbr a~s~o~ledp-
~ ~~t~, ano~tlr opa~d JOHN D. NICHOLS and NANCY J. NICHOLS
well 4nown Io me to be /l~r Pneid~nl dd Seeretary naPed~v~ir o/ e/u corporn~ion nomed at
~ mo?f o in Itie (orr n inslrumenl. and ftial Iht ~tvero~~ ac
9 9°f 9« 9 Y Y bwu,~edged ezecWing the sume, in ttie pnxnce o~ fu+o su6wi6ing wilneaaes.
~ )reelv and cwrunta~ily uruler outhori~y duly vesred in 11um 6y said co?powtion and tl~at 16e seo~ o~/ir~ tl~erelo is Ibe uue eorporde xa~ o~
said corporntion. ~
~
~ W(/'~\'F_SS my Land and oj~iciol xal in ~6e Coun~y ond Stde last ofonwid ~6is 211C~ doy oJ April
a n. ~ v 7 5 ~
E''3 .
~ e ~
h ~ . ~ .
. •
.
. _
~ -
~ ,y • `~I - '1 •
• .
- . , _ `
°g : ~ ~:."rL. ~ rt'y)'~~
• • ~ ' -C ~ !
~ ~ • .,t ( ' ,
~N ~
~ H' Notary Public, State of Florida af Lar e.
A" :7 ~ Mv Comm~ssic,n Exp,res Nov. 12, i 9~5.
y :
~ ~ ~ ~ Prepared b '
~ ~ ~ - GEORGE G. COLLINS, JR. ;
!l,is Luinr"ircn~ prrpnm~ by: BURCH, COLLINS 8~ BROWN i
P. O. Box 3686 - 744 Beachland Bivd. ~ ~
A,I~Irr•« Vero Qeach, Florida ~
1 :F r
~
~ ~s::x -H- .
: , ~