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To plao~ and cauinuouab ke~P o~ tM buikiinq~ now w Iw«aita dtwN on s~~d land and on a11 equipn~~u +^d PM~a++~b cow+~d bY tNs ~norq~
ap~, wi~h ~N praniu~ rFwrwn Wid in fu11. t'u~ inw~ana in ~M uswl s~~ndard po~icY ~n~ rn • swin +PP~owd b~r int MORTW?GEE. and wind~rorin
ieauranc~ M tM vwal ~~and+rd Po1Klr form. h~ swn ~pprowd by rM MORTGI?GEE; in wcA caep+ny o~ caopani~s a~ tM JNORTGAGEE may
dr~t «+d all t'w~ and wie~rwm inswann po~ic~es on any of s~id build~np~, aw hhns~ tlw~io w pa.t ~herwf. in th~ apyrep~r~ swn ~fa~said or
In uccess tl+K~of, shall cont~in th~ utwl stand+rd morty+gs~ cisus~ w such aM~ dav~ ~s tM Ma~y+p~ ~*+Y n4~+~n• ~M bss w~ sa+d poiM
~fa. ~ad~ and ~vs~?. araW. a sad 1NORTW?GEE .s ~n Mu..eu may app~r. and •ach and ew.l? +ud~ PoGcy shall b. p~omWly auyned and dN~v.nd a
~ny hrld by ~id MORTGAGEE ss iwtMr s~cvriry ro aid ma+p+~ debt. and. nw kss ~han ten t1~ days in ~dvanc~ of ~h~ txpir~tan of NcA po~icy, w d?
liwr to s+;d MORTGAGEE ~ renewsl the~wf. ~oqc~ha with • rcc~ip~ ia rhe pr~mium of wch ren~wal; and the~~ shall b~ eo fih w wind~~am Inwr~iKt
F~aad on any d said build'u~p~. ~r~y in~est tM~~in a p~t thenoi. unkss in the fo~' and witA tFw bu parablt +s ~fonsaids +i+d 'n tM ~wn1 any win
of rt~o~Y WYabl~ ued~~ such pdM? o~ polici~s said MORTGAGEE sMll haw ~M op~an ro reeeiv~ ~nd +pplp tM s~ an accoun~ oT tFw ind~br~
~s s~cw~d 1~~r or w ptrnut said MORTGAGORS ro rou+w arx! us~ h a ~ny ps?t thereof fw o~hcr purposes, witFaut thxeb/ waiving w anpair-
inp ~nY ~Vu~h. ~iwn a rigAt u~d~r w by vbtw of this mor~ya~e: and in tM ~w~u aa~d MORTGAGORS sl~11 fo~ ~ny ~~ason fait w ke~p tM said prN+?isa so
iryw~d, or fail b d~liver panptly any of ia~d pol~cies of insw~nu b u~d MORTGAGEE, a fall promptly ro paY fu1tY ~ny pemiwn thaefor a in any
respsct fail a ouFxm, dixl~u9e. execva. sff~d. complet~, canply wi~h +nd +bid~ bY th~s cow^+^4 a am p~rt hs.eo(, sa~d MORTGAGEE ~nay pl+c~ and
WY fo~ wch i~rurar~ o~ aeql put the.eof w~thout waNinp w ~fhctinp +nY oWion, ~i~n~ eq~~tY. o~ ~ght under a by virtw o( th'r Mor~9ap~. and ths
fuu ~w~n~ of each «d .w.r ~ ar~+~ sM11 b. ~edw~ely due «d p.yabl. a~d sMU beu ~r...s~ fran rh. d.M rhereof ur.~a pad a~ ~h. raM ol
~ pa cymwn pa anrwm and togs~hcr wirh s~xA inte~est sM~l b~ s«wed Mr tM IiM of this matp+pe-
1. To p~rmit, oomnit or wffa no wute, is~P+inncnt w detsrior~tion of s~id propKhr w~? Part therwf.
S. To p~y ~II aod si++pular rh~.cosn. ch~~s +nd ~aPeroe~, i~cludwg s rcasaWbte atto.nev's fee snd costs of abst.acts of titl~. ieKwr~d w p~~d at
•ny ti~n~ by s~~d MORTGAGFE. becai?s~ w i~ the ~wnt of tM f~ilure on the put d th~ ssid MORTGAGOR w duly. pron~ly and fully pe~twrn, d~schu~
e:scvre, effect. oanpieta comPM w~th and ~bid~ bY each and every the stipul~tans. +9~eemenn. conditions. N+d ooven~nb of said praniasory ~ob and ~!w
mort~ +nY or si~hs.. and said cos~s. chupes and exper~ses. sach ud everr. sh+ll b~ immed~atey dw and p+yable: wheth~. w na N+e.~ be nw~ce dr
m~d, atte~npt 1o cotkct a wit pN+dnp: ~nd tF~e fvll ~mounl of sach and ewry wd~ psYment sh+ll be+. interest fran the dat~ ~hereof untii paid ~t the
.a~e of nin~ per centum par arrxun: and all said cbsts. thupes and ~apenses incwred w p+id, topetl+er w~th wch inte~t, sh~ll be wcwed by ~h~ IiM uf Nw
malD+D~. '
A. Th~t (a in th~ wa~f of x~l bre~ch of this Mortyap~ w d~fwlt on t!r parf of th~ MORTGAGOR. o? (b) in th~ ~vent any of s~id wens of moner
lwnrin nferred ro b. na pror~pry and fully p.d w~rh~n dwty (30) days ~ex~ sf~e. r1+e same seve.slry become due u~d payaW~. wi~kov~ dem~nd a noTice.
or (d in the ~wM e+ch uid ~very tlK stip~la~~o~a. +9nane^ts. cond~rions ~+d aown~nn of sa~d p~an~sw~Y nae and th~s mwpape any a eirher ue ew~
iuN. prw~ry .~d f~iy Pe.fo~med. d~~na.~dl. •xea,red. ~ffecred. ~anPl~red. canpl~ed w~~h and abided ~iy. then in e~~her a any wch ewm tFK s+id a~
Wqaa wm men~ion~d in said p.omissory nore then rem~i~inp uap+~d. with inre.ss~ xuued and a~l ma~eys secvred hereby, sMll becan~ dw sod WY~
abN fathwith, a tl+aeafter, at the option of said MORTGAGEE, +s fully and comple~ely u if aIl of the sa~d aums of money were agin+~h s~~pu~ated
ro be ps;d an wch day, anythirg in said prom~uwy note w in tha Mor~yage ro the contrary naw~thst~ndinp: ud thereupon w theresfter at th~ option of
~aid 1NORTGAGEE, without notice w dem+nd, wi~ at Is~v or in puity, there(we o~ thereafter be9un, may be prosecuted as if all re~oneys s~cw~d hersby
had rn~twed prqr to its i~Witution.
7. ?Mt in tl~ erent tl+~t ~t the beginning of or ~t any time pendng say wit vpon ~ha Mortgage, or to fweclos~ it, or ro reform it, p ro enfwc~ '
payment of ~ny daims l+e.evr+der. s+id MORTW?GEE shalt apply to the Cow~ having jwisdK~an thereaf fw the ~ppanhnent of s Receiver. wch Caxt s1?+II
forN+wi~h ap{?ant a recciver of s~id matgsged property all u?d s~ng~lu, includ~ng ~H and singulu the income, pofin, iswes and reven~es from whateve~
soura derived. each and every of wh'~ch, it beinp expreuly unders~ood. is hereby ma~gaged ss if spec~fically set forth and dewibed in the y.antinp and
h~bendurn clavses I+ereof. snd such Recei~er shsll h~ve all the bro~d and ef(ettive functions ~nd powers in anywise entrwtcd by a Cowt ro ~ Receive~, ~nd
wch appointma+t sha11 be made by wch Court u ~n admined equ~ty and s m~ner of absolute rgM w sa~d AIIORTGAGEE, ud wirhout fl~NNtQ ro the
•dequ~cy w in~deq~r~cy oi tl+e wlw of the prcperry mwtg~ged or to the savency or ioso~reocY of u~d MORTCsAGOR w th~ defendann, and that such ~
renn, profits, income, issves aod revenues sh~tl be spplied by such Receiver sccwd~g to the lien or puiry of said MORTGAGEE ~nd the practice of such
Court. '
6. To duly. prwnpth +nd fulN Perfo~m, dncharge. execute, eifect, complete, cornplY with ~nd abide by each +nd every the stipuluions agreements,
tontl'diona and aovetwnts ;n said prornissory note and tha mortgsge sN fwth_
9. ~TMt in the went the ownership of the mortgsged pranises, a u~y put thereof, becanes vested in a person otl+er th~n the MORTGAGOR, th~
MORTGAGEE, in wccessors sRO' assiyns. m+y, wi~houf-~wtice ro the MORTGAOR, deal with such wccessor w successo? ia intcrest wit6 refc?ence to this
mwt~aye~and~tl+~debt 1+ereby secared in the same mamer u with Mortgagor without in any wsy vitiating or d~schugin9 the Mwtyagors' liab+lity hera ~
under w upon fhe debt hereby secured. No s+la of the prem+ses hereby m«tgaged aod no forbeu~ece on tFw part of the MORTGAGEE or irs successors
or auigns and no extension of the time fa the p~yment of the debt hereby secu~ed g~ven by ~he MORTGAGEE o~ its successors w auiyns sh~ll oper~t~
~o release, discMt9e, modify cMnge a atfect the original liab~l~ty of the MORTGAGOR herein, eithe? in whok a in psrt.
10. It is specN'KSlly agrced that time is of the essence of tha contrxt and that no w+rver of sny oblgatan hereunder a of the obligation ae~
cwed hereby sha11 at ~ny time th~reaher be held to be ~ waiver of the terms hereof a of the instrument secwed he.by.
11. In add~Ya~ to the forego:ng monthly payments of princ'p~t ~ad inte~est required by the prom~uwy eote secured hereby, mortgagor coven+nts
~nd sgroes to pay to mo+tg+gee with exA momhlY payment an addition~l sum est~mated by mwtgagee to be equsl to 1/12 of the annwl cost of the follow- i
M9=
A-AU real properry ta:es kried or usessed agaic?st tFK ~bove dex?ibed resl estate.
8-Premiums on f'ue and w'u~dstwm inswance as hercin requ:~ed to be carried on the improveme.~b sitvate on the above deuribed premises.
C-Prem:ums on such mort9age 9w~anry inswar.ce as mortgagee shalt from r~me ro Gme deem fit to arry on the bsn secured hereby.
Mortgagee shall from tin~e ta time notify mortgagcx in writing of the smount dve and psyabk herewder and iuch wm shaU the~evpon be due and
payable on tFe due date of ~he next monthly payment and exh successive month thereafter ur.til mwtgsgee shall notify mortgagor of s change in such
anaunt_ Such sums shslt be +pplied by mortgsgee toward the Fvyment of real property ta:es, i~aurance pran:wns, and mort9age 9wranty inwrance
premiums.
IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto sef his hand and sesl the day and yeu fint aioresaid_
~,~,a a~r a~. or: Parkview Bapti at Church of ~
, ~ x
gy; ' ~ient
Attest: Sec~,tary
STATE OF FLORIDA ~ COUNTY OF 5T. LUCIE ~
I HEREBY CERTIfY, That on this day of January , A.D. 19 68 ,
before me personally appeared Richard Hsyes a~ William Stokes
respectively President and Secretary of
ParkvieW Ba tist Church of ~ a Florids Corperation, tb me
ort erce, nc.
known to be the persons described in and who executed ihe foregoing instrument, and severally acknowleq~geMflie,e~
cution thereof to be their free ad and deed as such officers for the uses and purposes therein mentior~1-and ~that~'they
affixed thereto the officia) seal of said eorporotion, and ihe said instrument is the act and deed ;af~~#a~ ~car~bp~tio~.-,
, said oovn and state.= -=.~Z V~ o~1 _ .
WITNESS my hand and official seat at Fort Pierce Flori ~a ~
..C%~ ~ ~ ~ .
Notary Public, in an.~ for State Counry•qfdre~,ii~
My Commiss"wn Expires: ~i 3~~ •
FILED AND RECORDEO tar~r P~s, ctat~ ~t ~lerida st larqe
ST. LUC1E COUNTY. FLA. ~Ay C~miuissic,n Ei~;?es Ko~. 3, 1969~
This insfrument prepared by `,~O1c~cn z;,,;,~ r: R=::-:_' s c_~=..-, ci;
~i~st federal Sav. & Loan Ass~, 163319
bf Fo.?t Pierce g~1a a: L I a~~~,~/
,
: ~.~.':.L:i
c~~~~t c~~ci!'r cou~7 600K169 PACEf~.~~g~ ;
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