HomeMy WebLinkAbout2371 and sholl per~orm, comply with nnd abid~ 6y e~h o.~d euery tl?t agreements, attpu~ations, cond~ttons and
couenanls tl~ereo(, nnd oJ tl~is mortgage, the~ Ihi~ mortgage and the estate he?eby created, shall ceose. de-
tern?i~e and bo null and void.
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T1111~ tht mo?tgagor hereby lurf~er rnvenanb and ugn~a to pny prompt~y w~en du~ the pNnNpal and
interest and other suma o( money provtded /or in suid note nnd this mortgage, or either: to pay all and
singuja~ the taxes, assessments. ~evie~. liabi~tltes, ob~Igations, and encumbronces ol enery nature on snia pro-
perty: fo permit. commit or su~(e~ no waste, impairnne~t or deferior~nlion o~ said ~na or fhe imProvements
thereon at any time; to ieeep the 6uildings now or herenjte~ on :atd la.~d /ully insured in a sum o/ not lels
~ha~ FORTY THOUSAND AND NO/100 ($40,000.00) DOLIARS------------••---
in a company or compnnies acceptab~e to fhe mortgagee, t1~e po~icy or po~ictes to be held 6y. ~d rxiyabi~
fo, soid mo?tgagee, and in ~ke enent any sum o~ money 6ecomes ~ya6l~ 6y uirtus o! suc~ insurance the
mortgagee shall have tl~e right to receiue and npply tl~e same to tl~e inde6tednes~ 6ereby secured, acrounting
to fhe mortgago~ (or nny surp~us; ~o ~y al! ~es, charges, and expenses, inc~uding ~owyer s~ees nnd titje
sear+ches, reasonably incurred or paid 6y tl~e rnortgagee 6ecause o~ the lai~ure o~ f~e morlgngor to prompt~y
nnc~ (uliy comp~y u~it~ the ngreemenfs, stipu~altons, condilions and covenanls o/ said note and fhis mortgage,
or either; fo perlonn, comply with a?ed abide 6y eac1~ and enery ihe agreemenfs, sfipu~aftons. conditions nnd
c~oaenants set ~0?1~ in said note ancj fhis morfgage or either. ~n f~e event f~e mortgagor ~ai~s lo pay u~~en
c~ue any tax, assessment, insumnce premium or ol~e~ sum of money paya6le by ~irtue oj said note and ~his
morfgage, or either, the mortgagee may pay the same, without waiving or a~~ecting !he oplion !o ~orec~ose
or any other rigl~t hereunder, and all such payments shnll 6ear interest Jrom date 11~ereoj nt the I~ighest lau~-
/ul r+ate then allowecl by the laws o/ Ihe State o( Florida.
~l nny sum oJ money herein re%rre~l to 6e not pro:nptly paid within thirty dnya next alte~
tl~e same becomes due, or i~ each and every il~e agreemenis, sttpu~ations, conditions and covenanfs o~ said
note and this mortgage, or either, arr ~ot (ully perjormed, complied u~ith and ab~ded 6y, tl~en the enlire
sum rnentioned in said note, and this mortgage, or the enlire 6aTance unpaid thereon, s/~nl~ ~oM?w~ith or
lherea/ter, at t1~e option oj !he mortgagee. 6ecome and 6e due and paya6le, anything in said note or herein
to fhe contrnry nofiuit{~stnnc~ing. Fai~ure 6y f{~e morlgagee to exercise any o~ fhe rights o~ opttons herein ~
provided s~al~ nof constitute a wairer o~ any rig~ts or options under snicl note or ftiis morlgage acc?uecj or ~
therea~fer accruing. '
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~n ~IK`[~~ fhe mortgagor {~as causec~ these presenls to i
(CORPORATE
~ SEAI.) • 6e executec~ in its name, and its corporafe sea~ to be hereunto a~Jixed, 6y its
~ . , proper ~Jicers thereunto t~uly aull~orized, t{~e day and year f
int n~iove wrilfen.
~ DISZRICT ADVISORY BQARD OF THE FIARIDA
~ ~
, _ . : _
ISIRICT CHURCH OF THE NAZARBNE
. . ' ~~ST
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~ ~ ~ ~ . ~ SKt~te.y
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~~11~ Of FLORIUA
:.~'~~nt~~ 0~ ORA1~E
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~~~i 1 HERFBI' CFRTIFI' tGat on ~I~i. day. 6~Jwr me. un o~(~c~r ddr au~ho~iud in t1~e Stde and Countr o~oresa~ b talet ac/eno~uledp-
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~ _ 'qMl?L /rnw~~r op~.rarr~l
: A. MIL7~ON SMITH and E. C. RNIPPERS
a „ • ~ ~~r ~ ~o ?ti. Nn,ur~.~~ a,~a Secretary ~x~....r, d ro.~.~~;~, ,~a
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ri ' I I~+or(gi~Cin l~ ~wF~?ant~ ~/~~Ifi1f~M•11~. OM~ ttiot l~~y srrtruf~~ oc~nuu~e~~g?~ rcrcWiny !tir somt. in 1~ {~atntr o~ luo subsrn~.ing u~ln~ax~.
~ ~rN1I a~ ~tinle?!ly uru~r autF~w~lr .lu~y t-tsle.~ in I~trn ~.y wid t'orpo?ulion an~ If~af I~t sea~ n~,~~td I~enlo is l~u Inw cnrpordt sro~ ~
x • . •:~'~Pw~.+~a+.
~ ',L WITNF.$C mr ba,~.~ a.r! o((k;al ~1 el~ Ca,.ur ~d ~i~. lau a(~,ad i6~. sfi~1 Jay o! JU~y
~
~ `'tA. D. io 69
FIlEO AND RECOROEO
~ ST. LUCIE COUNTY. F~a,
~ ~E Cf!R . V~ ~
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~ I '69 ~l?L 16 AM I : . ~a~,, ~ stde~ ~r ~t e~::~
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~ ~i+M? coaaisswn E:pines A~. ~b, tS7t
I (,Ot ~r ~.«K.. ~w a c.a.~, a.
roc~~ ~o~rRas
CLERK CIRCUIr COURT
~ ° R 17~ P~2369
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