HomeMy WebLinkAbout0536 an~ itia~~ per~orm, comp~y u~tfti and a6td~ 6y each and every f~?e agnem~nis, sfipu~alloni, condltiona and
rnrenanls ~I~pn?o~, and oJ lhis morlqaps. I~en Ihia mwtflape and tl~• eitafe I~~r~6y nsatsd, shnll cense, dt-
lermtne anc~ ~ null ancl ~~ol~.
ii111~ fl~s morfga{~o~ ~~e~~•tiy ~urftie? covenanfs and ap?eei fo pay promptly urhon dw tke p?incipal und
tnferesl and otl~er sums o( mo~ey prot~i~c~ (or In said nofs and Ihia mortgags, or eiftisr; fo poy a~~ a?~
sinpu~ar the IArPl. QSSP!llflPllll, ~eviPa. Iia6fl11tes, ob~tpalto?u, and encumb~nnni o~ ~~~rp natun on iaid pro-
pe?Ir: fo permil, rnmmil or su~~er no wasfe, impairmenl or deferto?olion o~ ~ald land or ths improvemsnfs
f~percn al any fime: lo ~r~p fl~e buil~Iinqs nou~ o~ hereaf ter on saia ~an.~ lu~~y insure~ in a sum oJ not ~esa
than ~ULL INSUREABLE VAI~IE ~
in a rampany or companies acrrpfa6~e fo fhe morfgagee. I~e po~Ic~r o~ po~ictea to be ti!!d 6r, and poya6le
to, sai~ morfgagee, an~ in II~e e~~enl any aum o~ ?noneq becomes paya6le 6y vtrlue o( such iruurnnce th~
moNgngee :holl ha~~~ Ihe ri~ht to rr~-eive and apply Ihe sams to ths tndebtednesa hereby secured, aceounttng
to t~e morlgano? ~o~ any surp~iu; fo pay n~~ eosts, cha?ges, and expentes, inc~ttding ~awyprs lees ond Nf~
searc~e~, rpasonah~y incurrec~ or paid by Itie morfgugee tiecauae o~ ltie jat~ure o~ f~e mo?tgagor to prompf~y
' nnd ~ully ~-omply u~ill~ f{~e agreempnts, sftpu~uttons, eon~ilions and covenanls of saic~ nofe anc~ t~is morlgug~.
or e~l~er: fo per(orm, comply with and a6ide by eacl~ and euery fhe agreRmenla, afipu~ulions, eondtlioru artd
coi~enants set )orth In sa~d note and fi~ts mortgage or eitl~er. In ths rvent ihe mortgagor ~aib to pay u~kon
due any tax, assessmpnl, insiiran~e premium or oll~er sum of money payab~ ~y vlrtue o( saic~ note and thts
morfgage, or Pither, fhP mortpagep may pay fhe aame, wlfhouf waiving or o~fecfing ihe opfion io ~orec~ose
w any otl~pr ri~ht 6preun~er, and all such payments shall 6ear tntenat Jrom dale tke?eo~ af tl~e htghest law-
'U~ M~P ~IIPII O~~OIt?~' ~)V ~~P ~AU~s O~ ~~P S~~~p o/ Florida. .
a.~y sum o~ monPy hprein re(e?re~ lo be not prompf~y paid wifhin t}11T~ ~30~ c~nps next a~ftr
I~e same ~?ecomes ~up, or iJ encti and every tl~e agreempnfs, sfipu~alior~.t. conditions nn~ covenants o~ wid
note and this morfga~e, or eithe~, arr nol (ully per)ormed, rnmplied wilh and o6tded 6y, tken the enttre
~un~ msntion~l in said note, and if~is morfgage, or tl~e entire 6nlance unpaid t6er+eon, shall lorthwit?~ or
I~ereojler, af ftie oplion o~ f~e mortgagee, bacomn and 6e due and paya6le, anyf~Ing in said nole w 6eretn
!o I~e c~onfrary nofu~ilF~stanclinq. I'ailure ~?y ftie mortgapee to exerrise any o~ f~e righfs o~ opftons ~e?ein
provicr~ s~a~~ no! constifuf~ A ll~a/l~P~ O( ~ny rigtils or options unc~er sai~ nole or ftiis mortgnge accrued or
therea(I~r accruing.
~n ~itness ~hereof~ thp sai~1 morlgagor has herPUnto signecl and sealed tl~ese presents 11~e
c~ay an~ yenr ~irst AhOI~P u~rilfen.
S! . P~I~ QII~ ~P~II'P~P~ 1?1 ~ PrPSPI1CP O,:
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, . r. FiAIifJLD G.h~IS~iV
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ALICE E . NELSON
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STATE OF FLORTDA, ~
COL'1TY OF $T. j,[jC~
i HEREBY CERTIFY that on this day, be(ore me. an
of(ic~r dul~• authoriz~d in the Stat~ afor~said and in the County aforrsaid to uk~ acknowl~dqm~nts, personally app~ared
~iA~LD G. NELSON and ALICE E. I~L.SON, his wife
to mi• known to br th~ prrson S deuribed in and who exrcuted the (or~qoinq instrument and ~e~/ acknowkdRed
befom ra~ that t}ley ex~cuted the same_
~~'ll~'\F.SS my hand atxl olficial seal in th~• County and State last ~(or~s~id this ~ dar of
April~ A. D. 19~~. , .
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Nota~ Public-Stat~ $ Oz~a= ~ ~ . ~ :
My Camdssion Expires . , .
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MO'.13Y FL'°Lli c' 'r ^F f~:Q'~A a! - 'f ' _ ~ ~
t~.~ `J ~ .i. V.~~...L~. ~ ~4i~r~U.iJ~i.+{,~i~~...~ . •~i ~^SIJ•'+?Oi ,
fILEO AMO RECOAGEp =
~ ~T. LUCIE COUMTY i~A . . , ~
CLERR C RCUIT COURT
RECORD 11ERIFIED
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lawyers Title Insu~ance Curporaiop t'~t Q~1 ~ a1W
321 South Second Streat ' ~
€~;~t P+erce. Florida 33450 _