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Home My WebLink About2615 po~iq or po8cies ssW MORTGI1GfE shal! F~w ths option to npivt and sppl~r me ssrns o~ acoount ot tM indebtedness s~cund Mr~bv or m permit satd MORTG/1GORS to noeiw and uss it or s~y psrt thN~of fa otMr pu without thenby wsivins o~ inipat~in~ sny puity. ~ lien or ri`ht undsr or by virtw of this MortpQ~; snd in ths av~t siid MORTCJ~~"A~RS shall iw any roaso~ fail w keep th~ said promises so insu~ed~ w hil to de1(ver prompty any of saW policies of tnwrano~ to s~id MORTG/IGEE~ o? hil pranptly to Ray fully any promiwn thsrofor. or in any respect fsll ro pertorm. dischargt. e~cecute. affect. oompl~tt. comply with snd ~bids by this cove~ant~ w sny psK Mroof, said MORT G/1GEE may plaos snd pty fo? wth inwnnos or sey part tMroof wifhout vwivin~ or aff~ttinR sM? optian, Hen. equiH. or ~i~ht und~r or by ~irtue of thk Mort`s~t. and ths ~ull amount of e~ch snd evtry wd~ payment shsll bs inwnedistey dw and payabk snd shall b~ar intqrest from the date thereof until psid st the rate of six snd~-tenths per cent per snnum snd fo~etF~e~ with wd~ intercst sh~ll be secured by the of nine 4. To pe?mit, carwnit w wffer no wute. impairm~nt or deterioration of satd prope~ty or any part thereof. 5. It is hereby specifiplly sgreed that amr wm w wms which m,sy be Iwn~:d or advanced by the Mortga~ee to the Mort~a~or at an r~me attc~ the ~ecord~~g ot thu indenture. together with interest thereon at the nte s~~eed upon at ths r:me of wch Iwn a advance. shall be eqwlly secured with and F+ive the same priority u the ori~ina) indebtedneu~ and be subjett b all the temn~s and provislons of this mortQaQe; Provided. that the aggregste amax?t of principal outshnd+o~ at any time shsll ~ot exterd an ampint eqw) to one hundred snd Hfty per tenf t 15096) of the principsl amount Originslly setured hereby. 6. To pay all and singula~ the tosts, charges and axpenses, including s reasonabk attorney s fee ar?d toats of sbstrxt of title in- curred or paid at any time by said MORTG/~GEE because or in the eva~t of the faiture on the part of the said MORTGAGOR to duly, promptly and fu11Y perfwm. discharge. execute, effect. complete, comply with and abide by each a?+d every the stipulations, a~ree?ne~ts~ conditions and covenants of said promissory note and this matgage any or eitF~er, and said tosts. tharges snd expensas, esch snd every. shall be immediately due ano payabie; whethe~ or not there be notioe. demar~d. attempt to collett or wi ng; arx! the (ul! amount of ~ch and every such payment shall bear interest from tM date theroof until paid at the rate of six and per centum pe~ amum; and ail said costs, cha~ges and expenses so incurred or paid, together with such interest. shall be secured by t lien of this mort~a~e. 7. That (a) in the event of any broach of thls Mortga~e or default on the part of the MORTC/ICOR, or tb) in the ev~nt any of said sums of money herein referred to be not pro~nptly and fully pald wlfhin thirty t30) days next sfte: the same sevenlly b~come due and payable, without demand o. notice, w(c? in !F~ event each and every the stipulations. argeements~ co~ditio~s and eove~ants of said promissory note and this mortgage any or either are not duly. promptty snd fully performed, discharged, exetuted. etfected, completed cort~plled with and abided by, the~ in either or any suCh event. the said aggregate sum mer+tioned in said promisSOry ~ote then remaining unpaid~ with interest accrued~ and all moneys secured hereby~ sha~~ become due and payable forthwith. or thereafter, at the option of said MORTGAGEE. as fully and completely as if all of the said wms ot ma~sy ware wiginally stipulated to be paid on such day. anythi~g in said promiuory note or in this Mortgage r. the contnry not withstanding; and thereupon or thereafter at the option of said MOR7G/1GEE, wittwut notice or demand, suit af law or in equity. may be prosecuted as if atl monies secured hereby had matured priw to its insfitutio~. 8. That in the event that at the heginning of or at amr time pending any wit upo~ thls Mortgage. or to foratlose it. or to reform ~t, or to enforce payment of any claims hereunder, said MORTG/1GE-`_ :hall apply to the Court hsving jurisdittion thereof for the appointmrnt of a Reteiver, such Court shall forthwith appoint a Receiver, of said nwrtgaged property all a~d singular~ incl~ng all and singular the incorne, profits, iswes and revenues from whatever sourte derived. each and every of which. it being expressly understood, Is hereby mort- Saged as if specifically set forth and described in the granting and Fwberdum clause.s hereof. and such Recriver shall have all the broad ar.d effective funttions a~d powers in anywise enhusted by a Court to a Receiver. and wch appointment shall be made by sixh Court as an admitted equiry and a matter of absolute right to said MORTGAGEE, and without reference to the adequaq or inadcquaty of the value of the pfO~nY ^'~t6a$ed or to the solvency or insolvenq of said MORTGAGOR w the defendants. and that wch rents, profits. incomes, issue~ and revenues shall be applied by such Receiver accord+ng to the lien or equity of_said MORTGAGEE and the practice of wch Cou.t. 9. To duty PrompNy and fuily perf~orm. discharge. execute. etfect. complata comply with and abide by each and every the stipu- lations. agreements, conditions and covenants in said promissory note and in this mort¢age set forth. i~. That in the event the ownership of the mortgaged premises, or any part thereof. becomes vested in a person other than the t MORTGAGOR. the MORTGAGEE, its wccessors and assigns, may, without notice to the MORTGAGOR, deal with wch wocessor or wocessors ! in ;nierest with referente to this mortgage and the debt hereby setttred in the same manner as with Mortgegor wifhouf in any way vitiating or discharging the Mortgagor's (labiliy hereundar or upon the debt hereby secured. No sale of the premises hereby mortgaged a~d no fors- bearance on the part of tM MORTCAGEE or its successws or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or ih woteuors vr assigns, sha11 operate to release. dixharge, modify, thange or effett the original liability of the MORTGAGOR herein. eitF~er in whole or in part. 11. It (s specifiplly sgreed thst tima is of the essence of this contract and that no waiver or any obligatio~ hereunder or of the - obligation setured he sF~a a an R instrument secured hereby. iN w~rN~~iec~ i~s'Ii~'i~i~~ fE~°~ ~~'Cl~'a~'i~~"i~s~~~~ EREOF. the satd TG/IGOR hs sesl the day snd year first aforessid. " 6 s~g~a, s~i.a ~ a~r~~a (Corp. Seal) ' _ ~ ; - , _ West Side Baptist Church of Fort Pierce ' ~ B : ,l~~A-rn ~ - - =--l~~- - y ~ _---------n : esident ` - - - - , Attest: ~QCI_- - - - - - - cs~?u sT^~ °F i°^ Secretary ss. courmr oF_____5~~1.._u~ie e.~ ~~„iw William_P. Kelley_and_Floyd G. Yvung, President and Secreta~ r ~LiYe ~f West Side Ba tist Chur of Fort ~ierce; a~Nori=Pro~it ~FloricTa corporati' ~S~ IY to nn. wen known. s~a knovrn to me to be ths indi~?wuals. a s the ac~ ~~1~ e°~e~ of ~ saic~cb'~ora~t,lon ~~unio~u aeu~I~~e~ f°` the °~`°°ses t~'.~i" ~ Y`- ~ ~ : ~ ~.my'~iai~ and officisl seal tF+is.!~_ ~day of ~ ~ q,•Q•.y ~ 4~_ _ • ~ ~ . , r _ . . . , . ~ ~ ~ ~ ~ ~ ? . , _ _ ~}~t ' .~'y~ Notary~ 1~ iw the Shtt otfl~rijl~ af L,~?p. f ~s`lQ~.ry ~S~ ~ ~ y ~ IIC. ST~i ' ~ : ~ : . . ~ hna ~ .~Ast~Da At 1AR9! _ . _ ; ~ MY COAtMtrt•.~. , - . .-•v c%~~5.~'r ~ - _-i. S,.' ,`f' ` S ~ •01t0[D TNAOU N rA~ 9jElTC~~~ ` A =1.,~r. - ~ ~`Y~ ~ ~ ~fT' - - w . ~ W ~ ~ _ ' F~IED AND RECOROED' § V t~ O ST. LUC~E COUNTY. FLA. O A ;Y~: Z ~ Z r, _ . . . , : , e ~ j o~ z ~ 1~?7~s1 m I d ~ ° ~ ~ ~ ; '68 H 3 W ~ Z ~ ~ ~ MbY I 6 ~M . 9 : ~ ~ r~ ~ 0 Q ~ t. A ~ lt,~•~ m ~ [r pG o x ~j , a N'~ ~ ~ v , ~ Ls.l ~ U `il - ; O t 7 r~, t, S • ~ } ~ ~ ~ ~LERK CtRCUIT COURT H ~ m ~ . 00~ , _ ~ ; ~ 5'~~r t ~F rLv~-ttuA ~ ~ ; t~ ~ pOCUMFj~iTAo" STAh3P TA:~C ~ ~ _ ~ ~ ~ = mrta•~ ~ ' = 0 R ~ ~ ' ~ ~ = Y~~ 2 s~ 7~ ~„t N C-ONOTROLLEA ~ Git ee~~~~ r....,.'"~=`^~w.._ " ~ f _ ~ . _ , _ _ , - -