HomeMy WebLinkAbout1374 a?td shall perform, comply with artd abide 6y each and every the agreements, sttpulattoni, conditions and
cot~enartts thereof, a?td of Ibis mortgage. lhen this mortgage and the estate hereby created, shall cease, de-
te?mine and be null and void.
the mortgagor hereby f urlher eovenartfs and agrees fo pay promptly when due the principal and
tnteresf and other sums of money provided for in soil note and thta mortgage, or either: to pay all and
singular the tares, assessments, levies, liabilities, obltgationa, and encumbroneea of every naftwe on snid pro-
perty; to permtl, commit or sttjfer no waste, impairmertf or deterioration of said land or the improvements
therncn nl n?ry time; fo beep the buildings now or hereof ter ore said la?td fully insured in a sum of not less
than highest insurable value
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money 6ernmes payable by virtue of such instu~ance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any sttrpltu: !o pay all costs, charges, and expenses, including lnwyer~s fees and title
searches, reasonably i?tcttr'ed or paid 6y the mortgagee because of the jailttre of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covertanfs set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when '
due any tax, assessment, i?tsttrance premium or other sum of money payable 6y virtue of said note and this {
mortgage, or either, the mortgagee may pay the same, without waiving or of
jetting the option to jorecbse
or any other'right hereunder, and all such payments shall bear interest from date thereof at the highest law- -
fttl mte then ailotved by the laws of the State of Florida. {
t i
~l a?ty sum of money herein referred fo be no! promptly paid within 15 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and eouenants of snid
note and this mortgage, or either, are not fully performed. complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
therenjter, at the optio?t of Ilte mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary nofu~ithstanding. ~'niltrre by the mortgagee to exercise any of the Hghts or options herein ~
provided shall not constitute n u•nirer of any rights or options under said note or this mortgage accrued or
Iheren f hr accruing.
~n ~~tJf, the said mortgagor leas Irernunto signed and sealed these presents the
day Dart year ~irsl abort u•riflen.
_ ~
rg .sealed and d ilernd in the presence of
• ~
~i D 13S E. NIC~iOLLS-.....---~-~~t~y,.:~--x
FRANCES M. NICHOLLS
II S
( ~
i
STATE OF FLORIDA,
cOC~TY c)F ST. LUCIE
I HEREBY CERTIFY that on this day, betorr me, an
otticer duly authorized in the Statr aforesaid and in the County aton•said to take acknowkdgmenu, personally appeared
DENNIS E. NICHOLLS and FRANCES M. NICHOLLS, his wife
to me known to be the prrsong described in and who executed the torrgoinq instrument and they acknowledged
Ix•tor~ me that they txtcuted the same.
~~17itiESS my hand and official seal in the County and State last aforesaid this 23rd day of
May A. D. 19 79.
NOTARY PUBLIC }
MY COMMISSION EXPIRES:
~~:9 t~~~- 25 t"' Notary Public, State of Flaria~ at Large
~~i~Jl.. My Commission 6cpires ,/,arch 23, 1981
~ crUitl yr a.~st~'r. ~L1X.~'-- _ ~ _ti. r,..... :Ivy,
4~~'714 - ~-,,ham .
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T/~u J1Wrr!!Nf!// prrprt>ril by: LINDA SANDERSON ~ •f' -
~ R l~ t~•,
:1clil/rxs CHELSEA TITLE 1~ GUARANTY COMPANY ~ ~,•~+1~"~
8000 South U.S• 1, Port St. Lucie, FL. 33452
~oo~ 3U9 cA~c 173
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