HomeMy WebLinkAbout1112 and shall perform, comply witl? and abide by each and every the agreements, stipulations, conditions and
covertartls thereof, artd of this morfftaye, then this mortgage and the estate hereby rreafed, shall cease. de-
termine and be null and void.
end the mortgagor ltervby f urlher covertartls and agrees to pay promptly when due the principal and
infernsf artd oflter sums of money provided jor in said Hole and this mortgage, or either: fo pay all and
singular 11te taxes, assessments, levies, liabilities, obliftations, and encumbrances of every nature on said pro-
perly; fo permit, commit or strf
ter rto waste, impairmertf or deterioration o) said land or the improvements
Ihc•rncrt al ar?y time; to beep the btrildirtfts rtoty or hereafter ort said land /ally insured in a sum of not less
than highest insurable value
in a camparly or companies acceptable fo the mortgagee, the policy or policies fo be. held 6y, and payable
fo, said mortyagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall hat+e the right to receive and apply the same to the indebtedness hereby secured, accounting
fo flte mortgagor jor arty sttrpltrs; fo pay all costs, charges, and expenses, including lawyer's fees and title
searches. reasonably incurred or paid by the mortgagee becntue of the failure of the mortgagor fo promptly
and fully comply with the agreentertfs, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covertartls set forth fn said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgayee may pay the same, without waiving or affecting the option to foreclose
or any other rigltf heretcnder, and all such payments shall bear IRlPrPSf from date thereof at the highest law-
ful rare thin allowed 6y the tau+s of the Stale of Florida.
~l any sum of mom•v herein reJprrPd to be no! promptly paid within 30 days next after
the same 1,econtes due, or if each and et+ery the agreements, stipulations. conditions and covenants of said
note and this martyayp, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said rwte, and this mortgage, or the entire balance unpaid thereon, .shall forthwith or
thereafter, at the option of the mortgagee. 6ernme artd be due and payable, anything in said note or herein
to the contrary notu+ilhslanding. Failurn by the mortgagee fo exercise any of the rights or options herein
provided shall not constitute a u+aiver o1 any rights or options under said note or this mortgage accrued or
Iherna f ter accruing.
~n ~~tneSS thereof, the said mortgagor has hernunto signed and sealed these presents the
Clay and year f irsf obore a+riften.
$iynecl sealed and delft+c+r~ in the prnsc•nce of
/ /i
~ /G /~1~." ~~'`•/••rt It .-c C_~s~--~-- - - -
'
OItMAi!~ W . NEI.SU~
` S . I~1EEI:SON
i t
I ~
i
STATE OF FLORIDA,
e
' COi'~7 Y t ?F St. Lucie
1 HEREBY CERTIFY that 'on this day, tx[ore me, an
officer duly authorized in the State aforesaid and in the County aforesaid to takr acknow(ed¢ments, personally appeared
~ NO1tMAN W. NELSON and LYNN S. NELSON, his wife,
s
i to me known to b.- th~• p~•rwrr5 described in and who executed the fore¢oin¢ instrument and they acknowled¢ed
i
~ Le(ore me that they executed the lamer ~ [
! ~~~ll \F.SS ~m• hand and official seal in th~• Count}• and State last aforesaid this l• ~ day of
I
February D. t9 80.
` x'79359 ' ~l1 ~~-~r2~-
i` NOTARY PUBLIC
r ~
! I F is L ~ i. hC v~" f't'- i '
ST LttCtE CCt!~ i Y. ~ . .
~ ~ CLERtt CIRCJS? rtiVi= i ~7
('~C e ~ . - ACT:.RY ~ , _ f,T W.t~
. "
I •
t
7%rt I~ulnrnrr-ld prfJ~rtr••cl by: .
:'1c/i/ri:~s :.l'!1K,J~ 1 PG(iE~, I .
11
.._.a