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~n~~ sha~~ p~r(orm, rump~y u~i1h ond abic~e by eac-h and every t1~e agreements, stipu~ation"s, conc/ilionx a~~d {
core~~~nfs i~~ernoj, a+~~ oj f~~is murl{~ag~, I~Pn f~is moNgage ancr f~P estate hPre6y crrat~, s~a~~ ccwse, c~e-
fern~ine an~~ ~ie nu~~ an~ ~+ui~~. ,
IiiNl Itiw murfga~~or ~~rn~by ~u~lhe~ cov~nanls antl agrees to pay prompity u~~en c~ue the principal a~d
interrsl an~ ol/~er s~ons o~ muney prooiclc~ ~or in saic~ nole and ftiis mo~fgage, o~ eifher; !o pay a~~ ant~
SI/I{~lt~q~ (~Ip ~A1CPS, ASSPSStI1P~1~S, IPlHP3, ~IQhI~llIP3, ob(~~at~o,~r. Qti~ P71CilfllOf'+QACPS O/ ei~pry nalurp on said pro•
perly: to p~rmiL ~ummit o~ su~Je~ no u•Q3~P, trrtjwirmertt or ~Iele~iorallon o~ soid ~and or the lmproi~emenis
tl~pnrrn at any lim~: lo k~~p t{+e huildinf~s nou? or h~n•n~ler on said land f u~~y insurp~ in a sum u~ not ~ess
~~+~R the ag,gregate unpaid balance f~om time to time oxing
in n rom~~nt~y or rompuni~•s accrpln~?~e fo Ihe murlgagep, the po~iiy or po~icies fo ~ae tie~er by, pn~ payab~e
fo, sai~ rr?ori~n~Pe, anc~ in Ihp evenf any sum oJ mon~v tiecomes ~xiya6te by airfue o~ sucti insura~ue ihe ~
mo~tflaQep shall hae~e ll~e ~ight to ?M•eii~~ and apply the same to I~e iride6ted~~ess f~ereby sc~cured, accounling
fo Ihe mortga~or ~or any surpl~~s; lo {x~y Q~~ iY?sts, c~aryes, anc~ emensrs, tncludeng ~awyer~s ~et~s an~ titla ~
sParchPS, reasonn6ly incurrr~ ar pai~ ~y I~e morfgagee ~e~atuP of ftie ~ai~ure o~ ihe morfgaflor !o promptlr s
~ne~ jullv ~~omply u~i1F~ IJ~e ngreemenls, stipu~afions, con~tltons ancl cai~enanfs oJ sQid note ar~d ll~it mortgage, f
or eitl~er; to ppr/0lI~1, t'OMPIV U~II~1 atlll Rb/~P ~V FQC~ ptlf~ Pt~pry ~IiP agreements, atipulations, conditions a?~d ~ ~
COI~p?1qt1/S Sp~ ~U~~~1 1/t SqICI note and tl~is mortgage Ol eil~pr. In ~~1P ~•nnnt the morfgagor ~Q1~! ~O p(ly U~~IP~1 1 T
dup any ~ax, QSSPSSritPfl~, insuran~-p premieim or ot~eet eum O~ mo?~py ~yQbl~ 6y L~I~~tlp OJ saict note QRd ~~13 ~ ~
/ilOrl Q P, Or P~I~P~. ~~iP I?tO~I, (1, PP ma ' 1
9 A 4 9 > pay ftie samp, u~iftiouf u~niving or aj(ecting ftie opfion (o Jo?ec~:~se
or nny oll~er ri~11I hPlPlIR~Pr, arid aU such paymenls sl~all bpar interps~ Jrom date fhPreoJ af il~e I~igl~est ~au~- '
jul mip !?~en allotoe~l by Il~e ~au~s o( thv Sfafe o( F~orida.
any sum oJ mon~y herein re(nrr~( lo ~e not prompfly puicr wit{ein thlrty days next a~tPr ~
IhP samP I~i+COIf1PS due, or i~ earh and e~~e?y fh~ agreempnls. stipulations, ~-onditions and co~~enants o/ sait~ ~
f
note and t6is mo?Igayp, or eitl~er, are nof ~ully per)or?nec~, complied witl~ ancl ab~ded 6y, t~en tl~e enlire ~
sum mentioned in sait~ note, and Il~is morlgage, or tti e entie~e bn~ance unpai~/ lFtereon, shn~~ jortl~wilh or s
1{ierea~fer, at the opfion o~ Itie morlga~ee, ~c~comr anc~ 6e ~ue and paye6le, anyt~ing in saicr rtote or ~erein ~
to the runtr~ry noltviftislantliny. I'ailar~ hy f~e morfgagee to PXPI~fISP any o` f~e rigtifs or options herein
pro~~ic~ec~ s~+a~~ not constifufe a wniner oj any rip~fs or opfions under snic~ note or fhis mortgage arcrued or
I~Preajf~r acrruing.
~n ~itness ~hereof~ I~e saic~ morfgngor ~eas liereunto signed ancl seu~ec~ ttiese presenls 1tin
~ay an~ year ~irsf nE?o~~e u~rilfen.
Si n~. seal~l and delir~ered ir~ t{~e ~
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g presPncp o~: I~;V ELI IATION - ;
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Y~..~ ,u~ I vidually aud as President of an °
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~ bnincorporated Associstion
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STATE OF FLORiDA, ~
Gc~t'~TV c~F St. Lucie
I HEREBY C£RTIFY that on this day, betore me, an
officer duly authorized in the Stau aforcuid and in the ('rounry afor~said to ak~ arknowkdgm~nts, p~nonally appearrd
John E. Douglas, individually and as President of American E~rangelistic
Association, an unincorporated Association
to me known to tx the {x~non described in and who executed the (orcgainq instrument and he acknowkd~ed
br(or~ me that he ~x«~c~a the ume_ ~
~ N'1'1'~ESS my hand ancl o(ficial seal in the C:ounty and State last a(oreaaid ~his l~~l dag of {
~ ~xF'ebruary a- D- i9'Tl. . - ~
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: ~C,~,~i0E0 ......~~~.t~`~~`."'.. •~i~1d-Ct.~<2c-~-!'„.,,;.~i:,,..._ I
fl~~~ ~wivO~MTY F~~~ ~~.J~ • ~ ~ .
ST. L'JC~~ : ~~tR?5 ~ :~'.~~;1~'• T' _ o
RoCE= 1j CC~Rt ~r~ tyiy Corr, tcn ~:s a+:~ust 17. 19ZS:.~
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c~E~ ~~'~:r
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REC ~P.~ ' ~ ' ~s .
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FE8 Z'~ 3 40 ' E~ ~%1 -
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1%us /,lp~it~r~r~,~yn-ona-~~ ?~v ~ 8 t
:~1,l,lrrss Char{es Wm. Stone ~ t~ i~
K~.. ~ : ? ~a.j
328 SoJth 2nd Street !
Ft Pierce. Fla. 33~l50
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