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Mp~ qP~btl~w ui ~i[~ ~I~inltit?i~o~~i.) W~lw~M~osd ~~No~ ad t~ t~rs "wt~"
tad,.r. .r w.a.. ~.Q~ ~il.sd.. ea.e~..e.A i~dnde ~e. aunl ..a
tM P~~ ad eM w o/ ay ~e~du ~AaU taeld~ aii pedees.l .
~~Iade thi~ 25th daJ of February and D. 19 6T
~~~n Lester D. Reams, Geore3e Crarvford,/ b~urohy F. Shaver
as an constituting the Board of Trustees of the Open Door b:issionary Baptist Church~
called tlte J~ort~a~ur, and ;,avey Raulerson and I.ar+rence Edward Rauler^on, mothe a.~d
son, and the survivor of ther~, callec~ the JKortga~ee,
W1tIle88efi~1~ That the saic~ .htort a~'ur, for and in considerntio~a of thc stcnt of
Fonr Thousand and n0~100 ( S4, Dollars, ~
t~a~ea in hand paid bJ the said .~Kort~a¢ee, th.e receipt wltQreof is herebJ acknawlec~ged,
granted, bcirgained a~ad sold to the said .hfort~ct~ee, the
fotlowing described lanc! situcrte. lyin~ and Leirc~ i~c the Corcr~tJ nf St. Lucie
State of Florida to u~it:
Beginning at the South~rest corner of the Yortheast ~aarter of the Northwest ~aarter
the Northwest ~uarter of Section T~enty, Toxnship Thirty-five South, Rang~e Forty Eas
(~9 of ;i~V9 of ~1W~ of Sec 2Q35=40); thence vorth 25 feet; thence East 25 feet; theno
North, along ~st R~'~fi line of S. 39th St, a distance of 313.36 feet to the Point of
Beginnings Thenae East 140 feet; thence North 104.45 feet; thence West 140 feet t
the E. line of S. 39th St; thence South, along of E R~`N line of S. 39th St; a dis ance
of 104.45 feet to the Point of Beginning.
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PV~~IpvT''% CI'rk Cirwrt
ROG ' ~ ; 5 M. JAMES
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and the said .ilort~a~¢or does hErebJ fully u•arrant the title tq sccid land, and will
defend the sa~ne agai~ast the lczwfccl elairrts of all persons whonr,soever.
' F1~OV1(~~ ~WSyB~ That if sctid .hfortga~or shztlt pacy to the said .hfortsagee
l r.c eertain promissory r~ote, a copy o~ w/aich i,s on the reverse side herenf, and sh.all
~ '~'perfornr. and contpty with e~ch and euery sti.pulation, a~reem,ent and covenant of
said note and of t/cis nwrtga~e, the?t this mortgdge and the estate lcereby creQted
slu,~ll be voic~, otherwise the same shall re~ruain an ficll foree acnr~ virtue. .lrtd the
said Mort~a~or covenants to pay the interest a~a~6 principal prnmptlJ wlaen due; to
~~y the tcc.~es an~ crssessments on said propertJ; to earrrJ instcranee cc~ainst fire
~n th.e buildin~s oia said land for not le4s t/can $ 4,000.00 and x3ctende3 Cove~a.g
' insurance in. amount of $q,000.00 , ctpprvved
by th.e .iffart~a~ee, with st~ndard mortgac~se loss clatcse payable to .~Kortga~see, the
policr~ to be /aekl by t/ae .A~ort~sa~ee, to keep the bu,ilding ora sa,id land tr~ proper
~ re~xiir; und to waive the l~omestead exemption.
~Shoul~l un f of the aboue covenants Le bru~Cen, then said ~aote ct>>a all moneys
secured 1~erebJ shalt withowt demand, if the .Mortgagee so elects, wt onee become due
•~~~,d ~luyaLle uiad the mortga~e be foreclosed, and all cos~s and expenses of collection
nf s~id ntone~s bJ foreclos~are or otherwise, includin~ sol'u.ito~'s fees shall be pcxid by
the ~tort~ugor, und tlie sante are hereb~ secured.
In ~itnese Whereof, The said .hfort~a~or hereunto sets his luand dnd
,eal the d,ay anc~ ~/edr first adioL~e written.
Signed, 3ealed and Delive~+ed in Presenee of U~
G~y~c,1t
~
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.
` Board of Trustee~f~the OPEN D008
a~K164 ~251fi~SSIONARY BAPTIST CflI1RCH
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