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and ahal! per~orm, comply wtlh and abtde by each ar~d ei~ery !he agreement~, ~tipulafioni. conditions and i
corenants thereo~, and oj thts mo~tgas~e, then Ihia mo?tgnge and the satate kere6y creafed. ~I~aU ceaas, de-
termine ana be null an~ votd.
~ thc+ mortga~or hew6y jurl6e~ covenants and ngrees to pay promptlr when due th~ prtncipal and
interes! and other sums o~ money provtdetj ~or in snid note and l1~4 mo?fgage. or etther; to pny a~~ and
ai~gular f~e taxps, assessments. ~evies. ~in6i~ilies, o6~Igations, w~d .nc~.m6~, o~ euery nolure on said pro-
pertq: fo permil, commif o~ su~~er no wwte, impai~ment or tleferio~ntlon o~ aaid ~and or !he improvernenta
i~erecn af any fime; to kpep the but~ings now or ~erna(ter on ~aid land ~uUy insurec~ in a sum of ~o! ~ess
rhnn Full insurable value
in n company or rnmpanies acceptable fo the mortgagee, the poltcy o~ poltciea to be held 6y, and ~yabt~
to, said mo?tgagee, anc~ in the event any sum o( money becomes ~xiyable 6y ~irtue o~ suck tnsurance t~e
mo?tgagee shall ha~e the rigl~t to receive ~d opp[y ehe swne eo ehe ~debeedne~ he~eby a~w~, accounting
to t~e mortga~o~ ~or any surplus: fo ~y al! ~os~:, c~arges, and e~rpenses, inc~ucling jawyers ~eea uncl flf~e
searches, reasona6ly inci~mec~ or paic~ by t~e mortgagee because o~ t~e jai~ure ol !tie mortgagor to prompf~y
and ~ully comply with t1~e agreements, stipulalfons, c~onditions nnd c~ovenanls oj said note and tl~ia mo~tgage.
or eiti~er; to pc+?jorm, comply with and abide 6y each and euery the agreemenfs, aftpu~ations, eondttions and
covenanfs set (ort~ in said note artd t~is morfgage o~ either. ln the e~ent the morlgagor ~ai~s io pay when
~ tlue any tax, assessment, insurance premium or ot~er sum ol money ~xiya6[~ 6y virtue oj said note and t~is
mortgage, or eiltier. Ihe mortgagee may Poy thg same, wit{~out waiving or af~ect~ng the option to torec~ose '
or any other rigl~t berc~under, and aIl suc1~ pnyments shnll bear inlerest ~rom dnte thereo~ at tke htgheat lnw-
~ul rate ihen nllowed by Il~e lau~s o/ the State o) Flortda.
~l any sum of money {~erein re(prr~ io he not prompt~y paic~ wif~in thirty ~aya next nJter
the same 6ecomes d~ie, or i~ eac~ aner euery l~e agreements, sfipu~ations. condilions anc~ cove~ants oj saicj
note and tkis mortgage, or either, are not ~ullq perf
ornted, complied with and a6tded 6y, then 11te entire
sum mentioned in said note, und Ihis mortgage, or the entire balance unpaid ther+eon, shall jorthwith or
thereajter, at t6e opfion of the mortgagee. 6ecome and 6e due n~d ~ya6l~: nnyt6ing in said note or F~erein
to Ihe contrary nofwit{istanding. Failure 6y t1~e morfgagee to exercise any o~ tke rig~its or options ~ereln
providec~ sha~~ not constifute a wairer oJ any rig{~fs or options unc~er saie~ nofe or t~is mortgage accrued or
t~ereaf ter accruing.
~n ~~~Il~ ~~~1~ the said mortgagor has 1~ereunto signec~ and senlei~ fhese presents the
c~ay antr year ~irst aFione writfen.
Stgnec~, sea~ed ancl deli~~eretl in !he presence of :
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Jo F. Nixon, III
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STATE OF FLORIDA, ~ _
COUNTY oF ST. LUCIE
• . I HEREBY CERTIFY that on this day. before me~ an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments~ personally appearcd
JOHN F. NIXON, III
to me known to be t6e peno~~ described in and who executcd the torrqoing instrument and he acknowkdged
before me that he executed the same.
WI7'NESS my 6and and of(icial seal in the County and State last atoresaid 'this ].$t._ daY of
~ June , A. D. 19 8 Q.
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~ No ry Public in ana for said
~ '84 27 P2'S3
State and County. My Commission
e~ires :
~ FflEO r ~f~ ~ _ : : J - -
ROGER PC~t s ~:.1.~. ~1_E~CK . NOTAR~ PUBLIC STATE OF FLON~ ~
ST LUL+~E CQ=i:~ ~•1~. ~ L. NY CONNISSION EXP. APA 14.19~~ ;
80q0ED THRU 6EMEIIAL INS. YD. ~
PO~K4JU PAGE ~O Y~: a~,
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T1~is Irutn,ment Was P~epared By; ~ 6 V ' i
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CHARIES E. CARRIS : 't Z Q~ ;i•
~ . <a QU GARRI
~ Tliis Ins~rumerrt papared by: SMIT 22C5AIRE, inr~~8, s ~;'S ":y` ..QJ -:o~
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- 14th AVENUE ' ' ' -
a ~dd~ ~ VERO EEACH, FLCRIDA 32960 v~''~ G~
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