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Home My WebLink About1091 ~ T To pl~u and comuwously kkp on th~ buildinps now or Mr~aitK situat~ on iaid Iwd and on all equipmen~ ~nd p~+sonally covN~d by this i+w~ w~ih all prtmiw~u ~hereon p+~d in full, fir~ insw~nc~ in ~M usuat u~~dard poticy forn+, h a wm spprowd by ~M MOR(GAGEE, ~~d wind~~o Inw.arc~ in tM ~swl Nu~d+rd pol~cq fo~m. in ~ swn ~pprov~d by ~M MORTGAGEE. in wch canpa~Y w ca^P+~ies as tlw MORTGACsEE m dinctt ~nd NI (in a~d w~a~m iowrano~ policiy on aoy of s+id b+ild~^W. any inM~~s1 thtrein a p~t tht~wf, in tln ~prep~r~ ~wn ~fa~s+id In ~xc~as ~henof. ih+ll contain tM uswl sqMlad mor~y+~ daus~ w wch ahK clav~ as tM NFo.~9+~ ~?+y rpvu~. makinp tM lou und~. sad po c~es, each and ~wry. paYable a s+id MORTGAGEE a in in~KSSt may app~ar. ~+d ~+cl? +nd ~ve~Y ~uch poiicy sMll b~ pranpdy ass 9ned +~+d d~livKed ~ e. ~ny h~ld by said MORIGAGEE as further sccvrily ~o said mortp+~ d~bt, and, nW t~ss thao qn (10) dari i~ adv~nce of tM ~xpr~tan of ~ach policy. ro " IivN ro said MORTGAGEE ~ r~new~l Ihereof, top~~ha with a r~aipt fw th~ pre~nium of svch ren~w+l: +nd ~her~ shatt b~ ~o fir~ a wind~~wm i~swaoc plac~d on any of~said b~rildirgs, any iotersst therein w p+rt thareof, unbu i~ tM form ~nd wi~h tM loss pay+ble ~s afores+id; and in tM ~ven1 any sue of monsy becanes pay+W~ ur~dK wd~ PolicY a Po1K'es s+'d MORTGAGEE ~MII Mw tM option to receive and ~pply the s+me on ~tcount oi IM indeb~ed neu secured F~eby w to permit said MORTGAGORS 1o teceiw u~d vs~ it a a~y pa?t thereof fw o~her purposes, w~ihout 1~1NED/ wai~i~w3 0~ ~mpair inp any equiry, lien a right unde~ o~ by virtus of this mortqpe; snd in 1M ewat Wid MORTGAGORS shaN for a~y reason fail to keep the s+id ixem~ses so insv?ed, a f~il fo deliva promptly ~ny of isid policies of ir?sw~nt~ to s~id MORTGAGEE, or fail promptly ro pay fully any premium therefp or in any respect fall to pafwm. diacharge, exetute. effect, compk~e, comPly with u~d sbide by this covenant, a a~ry put hereof, said MORTGAGEE m~y place ~nd paY fw such inw~~rKe w any p+rt thereof without waivinp o? ~ffecta+q uiy opY~on, lien, equity. or ?igM unda w by virtw of this Mortyaqe, and the full amo~~t of. aach and every such psymen~ shall be ie~mediately dw and p~yabk ~nd ~II bear i~terest fran tM daro thereo( u~til paid ~t t1» ~ate ot nine per centum pet anrwm and to~etF~er with suth interest shall be setuted by the lien of this awrtpa~e. 1. To permit~ canrnit or wifa no waste, imp+irment w deterioratan of said property or any p~rf tlxreof. 5. To pay sll snd wg~lar tM coits, ch~rpes u~d expenses„ includinp a ressonable ~ttorney i fee snd costs of abstracts of title, irKVned w p+id at a~y time by said MORTGAGfE, because w in th~ event of tM hilure ot~ the paN of tM iaid MORTGAGOR io du~Y. Prar+PNy ~~d fully perfwe?, d~schargR execute, effect, comptete, compty with a~d ab:de by each and every the stipulatio~s, sgreements, conditioos, a~d oovsnann of ~aid promiuory note and this mwtgaye any or ei~her. and sa~d costs. charges and e:pcr~ses, each ~nd every, ahsll be immediately due and payable: whether a not there b~ notia ds msrxl, attempt to colkct a wit pendirgt u~d tF+e full amouot of each ~~d every suth paYme^t shall bear int~rest fran the date thereof vntil paid at the rate of nine per centum per annum; and all said costt, thargea and expenses inturred w paid, logether with :~ch interest, shall b~ setured by the IiM~ of this mort0+pa Q That (s) in the event of any bresch of tha Mortgaye w defs~lt on tM part of tMe JNORTGAGOR, a(b) i~ the event sny of said wma of money herein refe~red to be no~ promptly and fully paid within thirty (30) days next afte~ the same seve*atly become due and payabls, without dsm+nd o? potice. or (tj in the event e~ch and every the stipu~atian, agreernenn, conditions and coven~~ts ot said promissory note and this mortqa~e ~nr or either are nol iuly. promptly and fully performed, d~scharped, executed, effected. completed, complied with and abided by, then in either or any tuch went the said a~ gregata sum mentia~ed in said promissory ~ote tlxn ramsin'ug ~npaid, with interest acuued, and all moneys secu~ed hercby, shall betome dw and pay- able fwthwith, Of fF1QfNftN, at the option oi said MORTGAGEE, ss fully and completety as if sll of the said wms of money vrere originatly stiputated to be paid on such day, ~nything ln said prom~ssory note or i~ this Mor~gage to the contrary notwithstanding; and therevpon or ther~aher st the optan of said MORTGAGEE, without notice or demand, wit at law or in eqvity, ttKrefwe w thereafter beg~n, may be prosecuted as if all moneys secured hereby had mstured priw to iri irnfitution. 7. That in the evc~nt that .at the beginning of or at any time pendirg any wit upon this Mortgsge, or to fwetlwe h, w to rofwm it, or to e~+force . payme~t of any daims hereunder, said MORTGAGEE sh~ll apply to the Court having jvrisd'~ttion.thereof fw the ~ppointment of ~ Receiver, wd+ CoyA shall Forthwith sppoint a receiver of said mortgaged propeAy all and singular, ioclud~ng all and singular the incoma, profits, issues and reve~~ues irom whatevar w~rce de?ived, each and every of which, it being expressly understood, is hereby mort9sged as if specificall~ set fo~th snd described k~ the granting snd habend~m dauses hereof, snd such Receivcr shsll have all the broad and effective funcrions and powers in anywiu entrusted by s Court to s Receiver, and such appointment shall be made by such Court u an admitted equity and a matter of absolute rigM to said MORTGAGEE, u~d without refere~ce ro the adequacy or insdequacy of the val~e of the propcrty mo?tgaged or-to the soivency w insolvency of said MORTGAGOR a the defendants, and that such renrs, profits, incane, issues and revenues shall be applied by such Receiver accord~ng to the 1'~en or equity of wid MORTGAGEE and the practice of such Court. 8. To duly, promptly and futly pe?form, diuharge, execvte, effect, complete, comply with and sbide by each and every ths stipuktans, sgreements, condit'aro and mven+nts in said promisaory note and this mortgage tet fath. 9. That in the event the ownership of the mortgaged premises, a any psrt tFKreof, becomes vested in ~ pe?soo other than the MORTGAGOR. the MORTGAGEE, iri successors and au~gns, may, without ~otice to the MORTGAOR, deal with such succeuor or urctessor in interest with reference fo this mortgage snd the debt hereby secured. in fhe same manner as vrith Mortgsgw without in any way vitiating or dixharging the Mortgsgon' li~biliry hera- under or ~pon the debt hereby secured. No ssle of the Fremises hereby mortgaged and no fwbearance an the pan of the MORTGAGEE or in s~cceswn or suigns arid ra extension of the time for the p~yment of the debt hereby secured given by the MORTGAGEE or iri wccessors or suigra, shall operate ro release, discharge, rteodify change or affect the aiginal liability of the 1NORTGAGOR herein, either in wlwlf or in put. ~ 10. It is spedfically agreed that time a of the essence of this contrad and that no wsiver of any obligation hereunder or of the obltystion se- cured hertby shatl st any time thereafter be held ro be a waiver of the terms hereof w of the instrumeni secured herby. • `>'s . 11. In additia~ to the forego:ng monthly psyments of princ:pal and interest required by Ihe promissory note setured hereby, nMd~e~t is and agrees to pay to mortgagee with each monthty payrnent an addi~ional sum estimated by mortgagee to be equal to 1 f 12 of the ann~al cosf o~,~~~i'- ing: ~ t; A-All real property taxes levied w assessed against the above described real estate. ~ ;y , B-Premiums on fire and windstwm insurance u herein requ:red to be carried on the improvemt:?ri sitvate on the ~bove ~de~tr~~ -~`s C-Premiums on such mortgage gwranty insunnce as rtwrtgsgee shall from time to time deem fit to carry on the loan3'eHt~ here4y. _ ~ . . ' ' mi Mortgagee shaN from time to time notify mort9agor in writing of the amount due and payabk he?eurxler and suth tup~wt~K11 T~lrcupmi b~d~e ~?Y!` ' Fayable on tF~e due date of the next monthly payment and each successive month tF?ereafter ur,til mortgagee shall notify rt~1' bf i ~t~1~,i.1.~~i fn a~K'~'' ` zmount. Such sums shall be applied by mortgagee toward the paym~nt of real property taxes, insvrance prem:ums, snd~. ~iiy~9s"" J^'iws/ri!!b premiums. . . , _ , i,~ , ~ . ~ WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ear fint aforesaid. ~ ` r•,.,-= ~ ned, Sea and de ' ed in the preseMe of: L~11Cfii1UOD P METNO ~ j; F lED AN4 RECOIt~~ es . n ~.lUC1E cOUNTY ~ J rr . K g, ent RC~t^ P~iTRAS Atte , n CtERK C+"~WT COURT t, - yon c a y - '.iC4R1 <<~y•tF(CD~ n - ' ~y-~- . ' - - - - II~ r~ It ~s ~M'~t STATE OF FLORIDA COUNTY OF_ ST. LUCIE I HEREBY CERTlFY, That on this day of April , A.D. 19 ~2 , before me personally appeared Jerry L. King and W. E. Ryon, SY. , respectively President and Secretary , of LAKEWOOD PARK MBTHODIS'T CHURCH, I~IC. a Florida Ccrporation, to me ~ known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe- ~ ~ ~ution thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they affixed thereto the official seal of said c~pocation, and the said instrument is the ad and deed of said corporation. . . WITNESS my hand and official seal at Fo~t' ee . , said county a state. . _ :_~E~_ . E . a . - This instrument p~epar gcl ~ B aun Seni~r Vi ~~lsid~t~~. ~ Notary PublPc, in d for St te and Coun ~foresaid. First Fec~erai Saving ~ My Commission xpires: ~y. ~ssociation of Fort ~i :~~F1ori¢s'~__; - NOTARY PUBUC STAIE OF FLORIOJI AT LAR~ . . ~ ;'.s~'.s..__.::'__ : MY COMMISSION D(PIRES AU«. s. 197! . ~ . ~ 6ENERAL INSURANCE UNOER~TERS. ~dCr ~ ' e~~~~~ Checked By ".i'_ . ~ l.rSt~}~::lb ~ ~ F~ ~ . _ - _ _ _ - - . . .=.y - ~ ~ ~ ~