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HomeMy WebLinkAbout2328 an~ sha~~ ~erfo~m, comply wilh and abic~e 6y each and enery t~ie ag?eemenis, sttpu~afions, condtttona and covenants thereo(, and o( t1~is mortgQge, t6en this moNgaye. and the eatate he.~6y created, shall cease, de- termine and 6e null and ~wid. ~I111 f/~e mortgagor hen+by f urlher covenanfs and agrees to pay prompt(y when due the prtncipal and inlerest ane~ off~e~ sums o( money provic~ecl for in sattl note ancl this mortgage. or eil~er; to puy a~l and sin~u~a~ fhe fn.res, assessme~~ts, ~evies, jia61lities, obligotFona, and encum6r~ances o~ euery nature on satd pro- perfy: to permif, commff or suj~er no waste,-iw~pairmenf or deferiorntion o/ said land or the improveme~fs fl~ereon a~ any time: to ~PPp I~B 6uildinRs now or hereafter on said land Jully tnsured in a sum o~ not leu tl~an ~ ~500.00 in a company or cbmpanies acceptable to the mortgagee, the policy o~ policies to be h.id by, and paya6le to, saicl moH~a~ee, anc~ in the event any sum of money becomes ~,aya6l~ 6y uirtue o~ suc~ insurance the mortgagee s1~all hai~~ the ~ight to receive and apply the same to tbe indebtedness 6ere6y secw~ed, ac~counting fo ttie mortgagor (or any surplus: lo pay a~~ cosfs, charges, anc~ expenses, inc~uding jawyers ~ees nne~ tit~e searcl~es, reasona6ly incurred or paid by the mortgagee becntue o~ t1?e /Qtlure o/ the mortgagor to prorreptly ' and ju«y comp~y wif~ f~ie agreements, stipula(ions, conclitions and oouennnta o/ sQ~d noeg ~d eh~s »,origa$a. o~ eitl~er: to per(o?m, comply u~ith and a6ide by each and euery the agreemenls, slipulaftons, conditions and conenanfs sef (orfh in seicl note ancl t~is mortgage or eif~er. /n t{~e event the morlgagor /n~u eo pay when diee arty tax, assessinenl, insiuance premium or other sum oj moRey paya6l~ 6y virtue of said note nnd ihis rr~orlgage, or either, I~~e mortgagee may pay the same, u~ii~ouf waiuing or a~ject~ng the oplton to Joreclose o~ any ot{~er riflht hereunder, and all sucl~ payments sl~all benr interest /rom date f1~e:eo~ at the h~ghest bw- (ul rate then allou~ed hy the la~us oj the Statn o) Florida. 7` a~~y sum o( money h~rein re(prrec~ to 6e not promplly paid within thirty days next ajter the same 6ecomes due, or ij each and euery the agreements, stipulations, conditions and eouenants o( said note and this mortgage, or either, are not jully per/ormed, complied wii6 and abided by, tl~en the entire sum mentioned in said note, and this mortgage, or the enlir~e balance unpnid tF~ereon, shall (ortbwit6 or thereajter, at the oplion oJ fhe mortgaQc~e, 6ecome and Ge due and puya6le, anything in said note or heretn to t~ie contrary notwitl~stancling. Fnilure by tf~e mortgagee to exencise any of the rig~ita or options henein provicl~I sf~a« not constifufe a u~aiver o( any rig~ts or options under saic~ notp o~ t~ts niortgage accruecl or fhprea~f~r a~cruin~. ~n ~itness ~hereof~ tl~e saicl mor~gagor has hpreunto signetl and sealec~ f{eese presents tlee cray anc( y~ar firsf atiore u~ritfen. t ~ THE OPBN DOOR MISSI$NAR~BAPTIST CHURCH $igne~. eale~I an~ rlPlinernrl in Itie prespncP of : /f , ~ . ----:-`G~IGL-~L~'-t..~,.,.- , ~ ~ ~ - `s --~1~t~'.---~----- --~r?'r./.7"'~'------ - - - •-•~~--t~ ~ - ~E~~J~_.~ . ~ - -/Y.__-•----•--• STATE OF FLORIDA, ~ CoL':~'TY oF ST~ LUCIfi ~ I HEREBY CERTIFY that on this day, beton me, an officer duly authorized in the State aforesaed and in the County aforesaid to tak~ acknowledqmentt, rsonally appeared Lester D. Reams, Pastor and Ed Reliford, Murphy Shaver and George ~1. Crawford, Trustees of THE OPBN DOOR MISSIONARY BAPTIST CHURCH - ~ to m~• known to hc th~ persong described in and who esecuted the forcgoin,q instrument and they acknowledged ` betorr me that t~y ~xccuted the same. i IT\ESS my hand and official scal in thc County and Statc last aforesaid thu Z8tt1 day o( t - February A. D. 19 67 . ~ ' _ , . _ _ . < - , . _ ' ' • ~-'~./~-~'cQ~-w~- - : . ~ ' ~ _ n i~ .~S ti a~RP,r Cta1e fl~ Anr:.l. ~ FILED AP~D RECORDED 1Om"~~~n t,c ~ Mar 17. ~~Q."^ i ~ " N ~ , ST. LUCIE COUNTY. FLA. `~"f° -S~7/?'D ~ U- ~ RFCOR~ VEP,tFIE ~ i . • '6T FEB 27 AM I~ : I 0 153a04 ~~,~s~_~ ~-0~7~:.s CLERK CIRCUIT COURT a°ooK164 ~,~24 ~ _ ~ . _ ~ ; ~ x;~y: ~ ~ ~ r,~ ~ ,