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HomeMy WebLinkAbout0993 and shall perjorm, comp~y wtlh and a6ide 6y each and every f~?e agreamentt, stlpu~atloni. conditlona a?~ co~~enants fhereo~, an~ o~ Ihis mortgape. f~en thit morlgage and !he ettate ~.m6r crealed. a~a~~ ctiwss. de- lermine ond be null and iwid. the mort9apor l~ewby /urther oovenant~ and agrees to pay promptly when dus ll~e priRClpai and i?iterea! and of~er sums o~ money providec~ ~or in said note and t~ia mortgage, or eif~er !o pny a~~ and singu~a~ fhe faxes, asses~ments, ~eutes. ~ia6t~ilies, ob~igaftons, and encum6rancei o~ every nalure on said pro- perty: fo per?nif, commit or au~~e~ no waste, fmpairment o~ detertanafton o~ satd land or the tmprovemenb flte?+ecn at any time; IO ~PPp IIIP 6uildtngs now or herra/t~r on ~aid land jully ina~ued in a sum o( not Ie~s r1~on Full insurable value ~ in a company or rnmponies accrptable to tke mo~lgagee, t1~e poltcy or pollcies to be held 6y, a~d payable to. aatc~ mortgagee, anc~ in f~e event any sum o~ money becomea ~xiyQ6I~ 6y ~trtue b~ tuch iruurance ths mortga9ee shall haue the right fo receiue and apply Ihe aame to tke indebtedness here6y secured, accounting to t~e mortga~or (or any surplus; to pay a~~ cosls. ctiarges, nnd. expenses, inc[uding ~awyeri leea and tit~e searchea, reasona6ly incarred o~ puid 6y Ihe mortgagee 6ecause o/ the ja~lure oJ the mortgagor to promptly anc~ ~ully eomply wifh l1~e agreements, sttpulalions, rnndittons and eaue~anta ol sai~ note anc~ t~is mortgage, or either: fo perform, comply wilh and abide by eacl~ and euery the agreementa. atipu~tions, condifiont antl covenants set ~o~f{~ in saic~ note anc~ t1~is mwfgage or eil~er. /n the event 1~e mortgagor lai~a to pay when duo any tax, assessment, insurnnce premium or other sum oJ money pnyab~e by virlue o~ satd note and this morlgage, or eifher, !~e mortgagec~ may ~y rhe same, without wata~ng or n~fecfi~g ttie option to ~oreclose or any otl~e~ right leereunder, and alI such pnyments shall 6ear interest /rom date thereo) at tl~e highesl law- (ul mte 1{~en aUou~ed by fhe Iau~s o~ the Stpte o~ Florida. any sum o~ mo?iey herein rp~ene~ lo tie not prnmpt~y paic~ w~+h~n thirty ~aYs next alfer the same bpcomes due, or iJ each a~d euery ihe agreements, stipulations, conditions nnd couennnts oj said note and this morfgage, or eitl~er, are not ~ully Rer/ormed, complled with and a6ided by, then ll~e entire sum mentioned in said nole, and tF~is mortgage, oc the entire 6olance unpnid ~tl~ereon, shall (ortl~with or t~iereajter, at thQ optJon o~ the mortgagee, 6ecome.and 6e due und pnya6le, anytl~ing in saicl note or heretn to t~e contrary notwithstanding. Failure by the mortgagee to exer+cise any o~ t~e rlghts or optfons {~erein provided sf~a~~ not constifute a waiver o( any rights or options under said note or tl~is mortgage accrued or t~ierea(ter accruing. ~ ~ ~n ~itness ~hereof~ the said mortgagor hns hereunto signecl and sealed these pnesents tl~e c~ay ant~ year ~irst a6one u~ciHen. Signed, sealed and delinered in tl~e presence o~: --~~~--,~3 ~ , J n F.~ Nixon; III ..~~s.A.._~_-~~,~.-------------------------------- ------------------------~-------------------------------------------...---.....---...---Q~ ' : ~ f ' E ~ . & STATE OF FLORIDA~ ~ CovN~rv oF ST. LUCIE ~ - ~ ~ I HEREBY CERTIFY that on this day. beforc me~ an of(icer duly authorized in the State a(oresaid and in the County a[oresaid to take acknowledgments, penonally appeared JOHN F. NIXON, III to mc known to lx the penoa described in and who executed the forcgoing instrume~t and he acknowkdged before me that ~'1@ executed the same. ~ WI1'NESS my hand ar~d officia) seal in thc County and State tast aforcsaid this 1$t day oE June , A. D. 19 8 4. ' a . ° - . ~ . . ; No ry Public in a d for aid ~ ~1 ~ P2•~~' 3 state and County. My Commission ~ ~ expires: s F~~~p r.,;~;__ p_.~ MOTAP.II PVBLIC STATE OF FLORIDA~ ~ ` ROG~R PG~ ~ ~~~:-'tK Mr COMMt5sI0N ExP. APR 1~,1985 ~ SY. ~UCIE i. _~~JN F~-• BONDEO THRU GEI{ERAI I~S. Y~. ~ ~ _ . _ ~F ~ NQ~K ~~/V P~Gf . i .i J!;•. ~ " ' -t ' . ~ J'; .~~1 • ' . ~ Y ~ ^ 1'hts instrvment Was Prepared By~ V , ~ . CHARLES E. J ~ ~ SMITH, O'HAIRc, ~iJCA~ g GARRIS ~ ~ ~ ~ : o~C ` Tl,is I,ruru,nc~~t pnpa,rd by: 22G5 - 14th AVENUE r,=.. : VERO BEACH, FIORIDA 32960 ' '~J~,,: '.~~V ~ Ad~ias ~ ; ~ . . . - c . ~ ~ ' . ~ ~ ~ ' %c G r ~ . r~•,_ ~:h . . . . i : ~ _ ~ - 1-. - _ - - - _ j K...:,;_ . -,('Y -~sr=-° ~.-a.;r~. e.~-,e,?-z v5 ~ ~:.s - . . . ~ ~ na .~~'~F~"~.,~~ .