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3. To pfacs ~nd co++tirr.~.s~y krep ai t:a bui'd~nga now ar M~safte~ s~tuat~ on uid la~d ~nd ue a11 squiprt~eM aer! pK~onally aowr~d by ti?is ~i¢
ege, witA ~II pter~iums ~he~ron pa:d ~n full. f~re ~nsura~xt ~n ins ~swl s~aadard po=~cy form, in a swn approvad by ?M MORiGAGEE, u~d windttorn~
~ns~r~ntt ie ~M uiwt s~and,~rd poLcy fam. in • sum appro.ed by tht MOR~GAGfE, iei wch comp~ny w eompaniq a~ th~ INppTGAGFE m+y
d~rxr: ~nd aN fire ant: w~ndsrorm in~ur~r.ce poSc~~-s o:~ any of seid build~nys, any iotNnl ?Mttin w put tMr~tof, In tIN pptep~t~ Wm afot~id ot
in rxcess the~eof, sMll contain the uaual sta~~dard ~non3.~~e clause w such aimr c~auso u tM Mat9~q may nqvirt, ina?inp tM Iws ~w~d~ sad pd~
c~es, each and evary, p~yable ro a~id MORiGAGEf as ~ts inte~?sf may ap~ear, and exh and evay iuch poti~y ~11 b~ promptly stsqn~d ~nd dNivNtd 1p
eny held by said MORTGAGEE as funher security ~o uid nsortgage d:bt, artd, not leu than 1M (10) d~YS in ~dvant~ of tFN ~:piralion ot aath pplity. W da ~
i~Ye~ ro sa~d MORiGAGfE a re~ewel ~nersaf, to~ciMr w~~h a rrce~pt (w ~he prem~w~n of wch renewal; and ths.t sh+!! be no fu~ a windstam i~fwu~ct
placed ~n any ol said build~ngs, any inlerest there~n or pa~l Ihcreoi, unte:a in the 4orm ud wi~h Iht bss payabl~ as afortsaid: +nd in tM ~rMl ~ny twn
of ~r,oney becornea payabl~ under such policy w polKias sa~d MuRTGAGfE shall have the opt~on ~o recsive and ~pply the sam~ on accowd of t1?e ird~bteu-
~,rss secured 1Krepy or ro permit sa~d 11AORTGAGORS to ?ecr+ve and us* it q anr pa~t thereof Iw othty purppses, without therob/ waivi~g p wnpi'a•
t~g any equ~ty, tieo a ~gh~ u~ or by v~rtw of ~h~~ mo::gage; and in ~F?e evMi ia~d MORTGAGORS shall for any reason fsil to ts~p the said prsmises so
~naured. o~ fail 1o deliver promptly a~y of sa~d pol:c~es of insurance to said MORtGAGEE. or fail promptiy !o p~Y fully any prsenivm the~efw p in ~ny
reapect fail to peaia~, d~schuge, execute, effed, con~pfete, compty wirh and abide by this oovenant, p any put hereof, said MORTGAGEE m~y plap ~nd f
pay fw suth insurance w any part the~eoi wiihoul waiving w ~ifecf:n~ any optiw~ iien, equiry. or rqfit ~~dK p by vi~tw of thit Mort9ap~. and the .
f„II amount of each ar~ every wch paynunt sha!! be immed~alely dve and payabk and sFall beu intersst from th~ dat~ thercof w?til piid at th~ raq ot
~~~:~.e per tentum pe~ annum and to~etha~ with such ~nterrst shati be secu~ed by the lien of Ihis mwt9aye.
4. To permit, cortvrut or suffer no was~e, inzpairmrnt w deter~oration of said propc+ty or any puf tfie~eof.
5. To pay all and singular the cosrs, charges a~d e,epenses, Cncluding a reasonable at~orreey's fee and costs of abstracb of titk, incwnd or p~id ~1 '
~r,y t;me by said MORIGAG:E, because o~ in ~ew event of the fa~luro on ~he part of the ssid MORTGAGOR ro duly, prompNy and fully pertor~, dixhup~ i
ex~curr, etfeG, compkra, tomply w~th and ab:de by each aixl every the stipulsi~ons, agreemenn, conditions, ~i+d oov~nts of s~id promissory not~ and this ~
,,:orrgage any w e~~her, ard sa~d cos~s, charges ar.d exp.nses, each and eve~y, shall be iirrnediarely due and payabtes whethe~ a not thK~ b~ aatip d~
ma~~d, attcmpt ro collett or suit pend~~g; and the fult amovm of cach and rvcry svch payme~~ shall.bea~ imeres~ (rom ~he date Mr.eof vntil paid N fM
o~ nine per cent~m per annuT; an~+ all said wsts, charges and expenses iotvrred o~ paid, togethc, w~tlt fYG~1 uftKMt. ~haU b~ wtwtd by th~ li~n of 1lu~
mortgage. - i
6. That in the event of any breach of this Mortgage or defavl~ on the put of the MORTGAGOR, or (b) in tM wenf ~ny of ~sid swns of ma»y ~
h_~,-c~n referred to be not pranpHy and fully pald vr:~hin ih~rty (3p) days next after the same xverafly becpne due and payabl~, withovt d~mand w notks, '
~J ~c) in the e,rent each and every the s~ipu~ar;ons, agreemcros, conditio~s and covenann of said promisspry ~ote and this mortgay~ ~ny u~Nhsr ~r~ no1 ~
i-' Y, P~~Atly and fully perfo~med, d;xha~ged. ezecuted. eifrcted. tompkted, complleJ with srd ~bided by. 1h~n ie either o? sny ~vth h?ent tht pid ip~
~«-7a!e sum menlioned io said promiuory note then r~raining uapaid, with intcres! xuued, and all nqneys secv~ed. h~reby. shall becan~ dw ud p~y~
~n e forthwith, or thereafrer, at the opnon of said R10~2TGAGEE, as tully and completely as if all of the said swns of monsy wert agin~lly ttipulaisd
~o br pa;d on such day, anything in sa:d prem~sso~y ~ote o~ in this 1Nottgage to 1he contrary notwithsra~din~; atd tht~~upOn p fhersahM ~t ths optiOn of
s~ d MORTGAGEE, w~~taut ~oe;ce or demand, su~t ar taw w~n equ~ty, lhereEore or thereaf~er begun, mar b~ proascvt~d ~s if all nw~+eyt Ncu~~d I~u~by
n,d matured pr~pr to ~is institutwn.
7. That in ~F+e evenf ~ha~ st ~he bcginn~ng of or at any t~me pending any suit upa~ this Matgag~, w to /oretbs~ i1, or to rtform h. or M enforq
~.~;menr of any cla~ma he.eund.w, sa~d MORTGAGEE shatt apply to the Cou.t hav~r,g jur~sdKr~on thereof fw tM appointment of ~ Rrceivs~, wcA CwN sMll _ ~
F; ; rhwirh appoim a receiver of sai~ mptgaged property alI and singuia., incl~d~ng all and singulu the incane, profits, iuuN and nv~nvq fran wMt~v~r ~
s,..•ce decived, each and every oF whkh, it beinq eapresstv understood, :s hereby mortgagcd u if apetifiully set fwth and dewibed In 11N yr~ntieq and
het;endum dauses hereof, and such Receiver shall have all the broad and eff~tive functrona and -wwen in anywis~ ae~trusted by a Cant fy ~ R~dha, aed s
s_:h appeintment shall be made by s~ch Court as an ad:nitt~d equity and a mattea of absolufe rigAf fo faid MpRTGAGEE. ~nd witAwt ?tfer~rK~ to t1+~
"~'za~~~Y a~~deq~zcy of ~he value of fhe property mo~~gaged or to the soivency w insotvency o( saw! MORTGAGOR or tl?e defenda~tt, snd thaf sueb
r.•~~~s, profits, income, issues and revenues shali be applied by svc!~ Receiver accwd~ny ~o ~he lien a puiry of s~id MORTGAGEE ~nd the pr~ctia of such
G~urr.
8. To duly, promptly and fully peaform, d~xharge, execute, eitect, complete, tomE+ly with snd abide by sach and ~very ths stipulatiens„ ayr~nts,
:c^d~tions and covenams ~e sa~d promissory note and th~a mwrgage set fortl?_
9. ihat in the event the ownership of the mortgaged premises, w any part tlxreof, betprnef vesf~d in s ofher fhsq ~
Pe~w~ tMI.MORiG/10.~R. f1M ~
;'~RTGAGFE, its successors and ass:gns, may, wi+ho~t r.ot~ce to the MORTGAOR, deal with such successw p ~utc~sfw ie infetqf v~41~,tffer~iic~ tp fhi~
~~•+3=ge and the deb~ nereby secured in the same man~er as with Mortgagw withovt in ~ny way vitiatirg o~ disdyr9irg tlK NkNtq~or~ • HalMlity' Iwt~t•.
i_•r or upon the debt hereby secu.ed. ~to sa!e of rhe prem~ses hereby mwtgaqed and ?a Iwbear~nee c+n the part oi rhe MpQiGAGEE a ~s• weusson '
_~;,ss~gns and no exrens~on of ~he rime io+ the payment of the debt hereby secured given by the MORTGAGEE o? iri sveteuo~ d[ ~iiqr~s„ ti~ll op~ratt i
fo re.ease, d~scharge, ~odify change w affrct the orig,nal liab~lity of the MORiGAGOQ herein, either in whok o? in puL ~ a -
t~:tt~'
10. ft is spec~ficatfy agreed that time is of the esser.ce of this contrxt and that ao waiver of any obliyation herew~eT.pr,pi tbt ~pafior~.~f~~
c~-ed hereby shall at any time thereafter be held to ~ a waivar of the terms hereof p of the instrument secur~ lNrby, -
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I 1. In add~rio~ to the forego"~~g month!V paymems cf princ pat and i~terest r.quired by She prom~ssory oote secured heclbr. ~np~lp~~ ~pv~tynt~
-i agrres to pay to mortgagee with eath monihiy par• ;ent an add~donal sum estm~ated by mortgayee to be eqwl b 1 j12 of the~an~w~l;~st pj~}jy f0l~qyr-.-
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A-All real p.operty faxes levi_d o~ asse:scd aga~~nt thc above descriyed real estate. ;
S
B-Prerr.iums on fire and windstorm insurae~e as i~rrc~n ~cqu:red to be carried on the improveme:ft~ sifuatt On the ak?We de3tti6ld p?efA(sll. -
G-Premiums on such mprrc~age g~aranty ir.sura.~ce as mo.•fgagee shali from time to time deem fi! to tarry pf tht lpan setuted hersby,
Mwtgagee shail trom tin,e to t~-re norify mcrtc.gor In wr~ting of the amount due and payabk herevnder snd such sum shall there~pon b~ du~ and
..,:;b'e on the due date of ~he next month:y pa~:nent and each successive month thereafter ur.til mortgagee shall notify mortgsgop of rtharp~ in w~h
~.;n+. Sucf. sums si:ail ye app'icd by morrgag~e ro•nard the paymenr of rea! p~openy taaes. ensurance prem:ums. ~nd mor~s~ pwtM1}y ~Mwint~
. _ "~tJR15.
IN WITNE~S WHEREOF, the said lNORTGAGOR has hereunto u! his hand and seal the day and yea~ firsl aforesaid. -
Signed $ea! in th . ye of: B~. ST, JOHNS BAPTIST CHURCH C~$~rm~T1''
~ ~etary
- •
- - - ~ ~-rr ~asurer
c ~G .~f~-i~
(Seal)
:r.,~c ncF~nwne . - - - - - - - -
as Trustees of said ~orYoration.;
STATE OF flORIDA COUNTY OF ST. LUClE
I HEREBY CERTIFY, That on thi day of Deaember A.D. 19 bb '
, ,
before m~~ ~penOnally ap}~esred Orn .at ohn4or e~ Je£f' L_ Thomas
~ Ch ' ~ . and To:nmie ~ms, ;
respect:~reT~~~ • ~ Trustee end Secretary and Trustee: ~
i~~•~as~~ r~~a'~-. u$ ee• ucius asnin rustee• and~r:a~ter Minetee Trustee ~af `
~ ~ H ' non-nro£= t Flori da ' ' ~
- , a Corporation to me
, T. r~ , - - - .
known to b'e t~~rsdns:described in and who executed tho foregoing instrument, and severally aclcnowledged the exe- ;
cution'tilereej$tq.bae~ti't~ir free aci and deed as such offioers for the uses and purposes therein mentioned; and that they
affixed.t~veto ths afficial,iebl of said corporation, ared the said i~strument is the act and deed of saici corporation.
WITNESS my hand and official seal at Fort Pierce , said coun and state.
F~LED ,;i;C :ECORDED ~ ~
ST. LUCtE COUNTY, FLA. Notary Public, i and for State and County aforesaid.
r^• n-~ ~~`p My Commission Expires: Notary PubMc. ~tap ot I~pr~ ~ G :
MY Comm;ssion E~cp~r~t Aud. 6, 1~6~ t
Sonded ey Am~rican Sureqr Co. o( d. Y.
'66 0~ ~ ta~ ~ 1 • 3Q =
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