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HomeMy WebLinkAbout5120 ~ . ; ~ ~ E 1 ! SUPPLBMBNT TO D OF TRUST i i nn~n ~ , i9~2 'Z~O$3 ~ i ~ ' ~iE FAITH BAPTIST QiURCH OF FORT PIERCE, FLORIDA, INC. i ~ FORT PIERCE, FLORIDA ' i . ~ ; WHEREAS, THE FAITH BAPTIST CHURCH OF FORT PILRCE, FLORIDA, INC., ~ ~ ~ } Fort Pierce, Florida, a corporation not for profit, foxmed for religioua ~ purposes, and organized pureuant to the laws of the State of Florida, herein- i ` after called "The Church", did on the lat day of March, 1972, execute a Deed i ~ I of Trust as security for an iasuance of bonds in the sum of $150,000.00 with ! ; k. the condition contained therein tihat additional bonds might from time to time be issued thereunder subject to the limitations and conditions stated therein, i~ - which briefly are as follows: i! (1) That the bonds of subsequeat series shalZ be issued onlq for the purpose of making additions and 3mprove~ments to land, buildings and equipment ~ il owned and operated by The Church and included or to be included in the lien of I j; said Deed of Trust. - (2) The Church is not in default under any provisions of the Deed t~ of Trust or anq of the bonds outstanding. - (3) Fidelity Plan, Inc., of East Point, Georgia has consented in i~ writing to the bonds of subsequent series being issued, which consent shall f I not be unreasonably withheld, and i~ r: r. WHEREAS, bonds in the s.mount of $IS0,000.00 have been issued in the Series of March 1, 1972, and f~ ;t WHEREAS, it is the desire of The Chuzch to issue additional bonds to be covered by said Deed of Trust in the aggregate amount of $200,000.00 for . the purpose of making additions and improvements to land, buildings and 4 equipment owned and operated by The Church, and ~ WHEREAS, The Church is not in defeuZt uader any provision of the Deed of Trust or anq bonds outstanding, and WHEREAS, Fidelity Plan, Inc., of East Point, Georgia, has consented ' in writing to this iseue i: i~ ~ i, ~ - 60kC 209 ~~cE2~~2 - , i` ~ _ . ~.z_wr~ _ ~ _ : _ ~ ;