I got one of these mounts. originally to put on the front extended hitch on my v-nose.

But I keep thinking I'd really rather have it up on the exterior wall on the V nose. Any reason (other than fear of drilling holes) I can't mount it on the wall? the only other thing I can think of is sag - that the weight would be on the thin sheeting and the interior plywood. Since the uprights in that area are not centered, though, I could mount it "sideways" to offset it and "straddle" a steel stud at the same time to bear the vertical weight.
And if I can, what about sealant? I vaguely remember someone telling me one time not to use silicone on a trailer, but I forget why.
Any thoughts?
Thanks for looking.