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HomeMy WebLinkAbout0989 ; ~ and ahal! perjorm, comply witl~ and ablde 6y each nnd every the ag?sements, stJpulattoni, condit~oru w~d ; corenants thereo~, and oJ fl~is~ mortgas~e, tl~en !{~1s mortguge and tke estale I~ere6y creatRd, i1~all cease, d~- ~ fermine und 6e null a~d ~~oid. ~ • 1 r ~ the mortgaflo~ he~u6y jurihe~ c~ovenants and agreea to pay promptly wken dw th~ principal aRd i inleresl and other sums o~ money provtded ~or in aaid note and t~it mortgage, o~ eifhe~; to pny al~ and ~ aingu~ar t1~e fa.rea, assessments, ~evies, Iia6iltttea, ob~tgaftont. a~d encumbr+ancea of every nature on snid pro- ~ perly; to permil. eommif o~ au~~er no waste, impa~rment o~ dete~tomtion o~ satd bnd or the lmprovementt ftierecn af anX time; to ~PPp IIIp huil~ings ~ou~ o~ ~e?ra~t~r on saia ~and ~u~~y inswed in a sum oJ not lesa ehan Full insurable value in a company or companies accepta6je to f~e mo~tgagee. the poUcy o~ po~tcies to 6e h.td 6y, and ~ya6l~ to, sa~d mort~ogee, nnd in tl~e euent any sum o~ money 6ecomes ~ya6le 6y utrtus of auch inaurance the ~ moMgagc~ s1~a~~ ~ave the rig~t !o receive ane~ apply tl~e aame to the inde6tedness he?e6y aecured, aceounting to t{~e mortga~or ~or any sttrplus; fo pay a~~ costs, c~nrges, and expenaes, inc~uding ~awyer s f ees and lit~e ' searches, reasona6ly incu~ecr or paid 6y the mortgagee becauae o~ t{~e (ai~ure o~ Ihe morlgagor fo prompt~y _ and ~ully rnmply u~ith t{~e ag?eemenls, sfipu~altons, condittona and covenants ol said note and thia mortgnge. o~ eifher; fo perform, comply wtth nnd abide by each and every the agreements, afipu~ations, c~onditions anc~ covenants set jortl~ in said note and this mo?tgage or eifher. In the event the mortgagor /aila to pay when duo any tnx, assessment, insurance premium or ofher sum o~ money paya6le by vi?tue of saic~ note ana lhis mortpage, or either, t/~e mortgagpe may pay f{~e same, wtthont u~niving or nf~ecting t~e option !o ~orecloae or any otl~er right hereunde~, and alI such paymenls shall benr interest jrom date thereo( at fhe ?~igl~est law- (ul ~ale l~eri allowed by Ihp I~ws oj tl~e State o/ F[orida. ~l any sum of monev I~erain re(PRP~ IO he not prompf~y paic~ u+ithin thirty ~ays next n~ter the same 6ernmes due, or i~ eaci~ and e~ery Ihe ag?eements. stipulotions. condilions nnd covenanta of said note and this mortgage. or either, are not /ully perJormed, complied a~ith and ab~ded 6y, then tl~e entire ~ . sum mentioned in said nofe, a?id this mortgage, or !he entire balance unpaid ther+eon, shall ~orthwith or tl~ereajter, at the oplton o/ the mortgagee. 6ecome and 6e due and paya6le, anything In said note w he?ein to the contrary nolwithstanding. Failure 6y the mo~fgagee to exercise any o~ t~e righls or oplfona herein pro~ided s~a~~ not constifutc~ a waiver o~ uny rig~fs or opfions unc~er saic~ note or f~is mortgage accrued or fl~ereajfer accruing. ~n ~~lll~s ~hereof~ !he saic~ mortgagor ~as hereunio signed an~ sealed fhese presents t~e day an~ year first abone u~riffen. Signed, sealpd and deli~~~red in the pres~nce of : , r~--~ ~ . -~-I~./-..--J~~.,.----~•------------ ames Nixon , ._~~at~....~...Cc.~~-------------------------- ~ ~ , , I - ~ . ~ ~ E - ~ STATE OF FLORIDA. _ ~ COUNTY OF gT. LUCIE I HEREBY CERTIFY that on this day. before me~ sn officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, perwnally appearcd JAMES P. NIXON~ to me known to be the persoa described in and who ezecuted t6e tonqoing instrument and hg acknowkdged betore me that 11@ cxecuted the same. ~ - W17'NESS my hand and official xal in 1t6e County and State last aforesaid this 15t day o( Jtxne , A. D. 19 8 4. ~c ~ . s Nc~tar Public in ~i~4ci fo said ~ y 3 State.and County. My Commission "84 ,A~! 27 P2 :53 expires : - - MOiARY PUBLIC STATE 0F FLQi1J0~r~ ~ ~ Mr GCMI1ISStOM ExPy A~R 14,1984 , ; • • • 4fM~E0 iNd FILED .~~i: "T ~.~f~JEBA1 INS. u~o..! ~ ROGER PO'`~c;- ,;,V= R~ ~ SL LUCIF Gr~~H~'r, ; . ; ' . , Y ` • . _ ~ ~ " ~G O°~ ~V .J 80QK `~uV PdGE ~7V . . ~ _ ' 3~' : t Was Prepared BY+ , p~j •,,7 . . ~Y 17iu Inirrumcn/ pnp~rrred by: 7his ~~s H~~ `r`S E. GARRIS ~ ' , . , r ~ G~ J ~ SWIITH, O'HAIRE, QUiNN E~ GARR~s 0} F1. Addras ~4th AVENUE ~ ; 2205 - F~ORIDA 32960 ~ • VERO B~CH~ ` ~ i ~ i~ ~ ' . ' ~ ~ .