HomeMy WebLinkAbout0938 ~ ' ~
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nn~~ slinU prrJo: m, comp~y wil~~ an;l ~Gic~e ~y euc{~ nnc~ e~~ery the apreementt; e1lpulalton's, condiilons and
conennnls t'u~rea~, ancl o~ I~iis mart~~ap~, t{~en t~i~s mort~age anc~ fhe estnfe hereby ereatec~, s~~a~~ ceaae, c~e-
termino ancl G~ ni~(l and ~~ot~l. ~
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~~d I~~c~ mort~~af~or Iirru~~y (ur1l?er conenanls anc~ nflrees Ip pay pro~tptly tuhen clue Ifie prinetpa~ an~
infern3l a?ul ol~ic~r s~nns o~ mar~ey proviclecl ~o~ in safcl nole nnc~ l~~is mortflapo. ur ett{ier; to pay a~~ a~id ~
sin~u(ar IEir lax~s, c~ss~ssmenls. ~evirs, ~ia~?I~ili~s, ofa~if~alions, a,cl encumGrartces af every r~nlure on satd pm-
perly: to p~rmil. ~commif ~r s~i~~er iio wnat~, lmpairm~nt or c~cterioratton ol salc~ ~ancl or the improvemenla
Il~~~rcon ai nr~p lin~c~: to ~e~p tli~ buildin~s riou, or h~r~nJMr on snld Iand juNy tnsurec~ !n a sum o( not lesa :
~~'"r' FULL INSURABLE ~ yALU£ ~ ~
in a company or compnni~s acc~pln~~(e tv i~~e niortc~aflr~, I{ie po~fcy or polletes t~ E,e ~ip~c~ by, anc~ payable
to, sai~ aiortga~e~, anc~ in I~ie c~v~nt any sam o~ mori~y becomes payable by t~irtue o~ such ~nsc~rance (~e
mortgngee s1~aI1 I?~re tl~e ~if~l~t to r~ceiv~ a~id apply il~e sama to the tncle~,te~Iriess I~er~by sect~rec~, accot~nting ~
~ . fo if~~ morlna~or lor ~ny s~±rplus: (o pny al~ cosls, c~targes, ancl expense+, tr~cl~ulFnp lawyer's ~ees antl Ht~e
~ searc~~~s, r~nsonnl~~y i~uurrecl or pnic~ ~~y t~~e mortpa~ee f~c~catise o~ t{ee Jai~ure of !he morl~anor to prompt~y
ancl ~iil~y c•ori~p~y wit~i f1~e a(~rc~entents, stipulnttorts, conc~ifiais an~ covenanls o~ saic~ rtote an~ tfiis m~rtgage.
ar eitli~r; to per~orni, comp~y tait~~ and abit~e by each anc~ oi~ery llte agreemenfs, stipu~ations, conditions and
cov~npnfs set (or11i tn saic~ note aircl this niortga~e or either, ln the even! !he mortga~or ~at~ to pay when
c~cee any 1a.t•, assessmc~nl, i~~suranr~ premium or ot{~er sum of money puyah[e f~y virfue o~ saicl nole anc~ i~is•
mort~n~p, or eil~ier, f~i~ morlfln~~e may pr.y the same, tuithout tt~att~infl or ~~~ectin~ t{~e oplion to ~oreclose
w any o1{ier ri~ht h~r~~ander, artd nll such ~aymenls s1~oU 6ear interest from date IF~ereoJ at the hig~est law-
~u~ rafe I~~~n nl~owecl I~y flie ~nws o( 1~~~ Stnle oJ ~~oric~a.
ll any scun of nioi~ey ~iernin re~~rre~ io he not ~?c~mpl~y pnic~ wit~in thl l"~y c~ays nezt a~ter
t{i~ snrn~ [?ec-omes c~c?c~, or i~ eacl? artc~ enery Ihe aflreemrnls, stip~.l<itians. conc~ilions anc~ coi~enants oj said
nole 'anc~ t1~is ntnrtt~atj~, or c~itl~~r, are no! ~ully ~P~/ormed, compliecl wtth and abided 6y, Ihen tfte enttre
surre mentionerl irt said ~2o1n, and fhis morlbage, or the entire 6alance unpaid if?ereon, shall forlhivith or
!{~eren~fer, nf opfion o~ t~~e mor:~n~ee. ~ecom~ nnc~ 1~e c~ue anc~ payab~e, anyt{~inp in saic~ noto or hereEn
to I~ie conlrpry notu~ithslandinc~. I~ni~ure hy Ilie morlflagee b exercise any o, t~e rig~fs or optfona ~erein
proi~ide~c~ s~in~~ not cor~slitut~ n ti~ai~~c~r o}~ ~riy ri~~ts or oplions unc~er saic~ nole o~ t~is morfc~age acerued or
i~~ereaft~~ accruirt~• .
fD~~ne~~ ~hereof~ llie sai~ mori~ngor ?ins hereunto si~ried and sealecl these presents ihe
clny anr yenr ~irst aE~on iUeit. . • E
Si ~ed. ea d and d live~ec in Il~e pre nc~ o~;~ . ~
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~ ~,c9.`?l~~`l!...~~ ,5-~.- .~~?-~C~~'~.l • ~
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Bonn~ e J. T~e'1 so . ~
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~ STATE OF FLORIDA,
j COU\7'Y C)F ~
~ St. Lueie I HEREBY CERTIFY that on this day, before me; an
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' officer duly authorized in the State a(or~said and in the Countj aforesaid to tak~ ackrowledgments, penonalty appeared
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~ Jame~-D. Nelson and Bonnie J. Nelson, his wife
~ to me known to be the person described in and who execute~S the for~,qoinq instrument and acknowi~dged
Uefore me that executed the same. ,-~,.:,Y;
~ ~\'17 i1`ESS my hand and official sral in thc County and Statc tast a(oresaid this ~ da of
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~ A. D. 19 ~1" - ' _ -
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C~. ( 3O . t~lVT J~ FUi'LI,r. ~ . • ~ , i_~
2 ^ CO:; iSjSjAT~ ~~LC?t;DA At LA G'
;~1 F~;.t:~S R F ~ , . i _
_ : r 4' ~ . ~O'4D%J} Ifi.Kl.i It,AR t ( 1955 . •
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- ~ ARI F PARU~, PIA~ . .
;t~is instrumen~wst ~P~?e ~ran T ile Gflmpany
~ oi Si. U~cie Caunty, inc.
~380 D S. 1!• S. Nighway ~
Port S~ lucia, FlotWa 33~50 ~ _
- TJ~u I~u~rru~lrn~ prtpnrcd by:
A~d~ aorK ~8~ P~F . ~ 1