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To piace and cont~n~ously keep on the 6uild~ngs now o? he~eafrer ~it~~ate on sa~d ~and and on al~ equip~nenl ~nd personally cove~ed by this mor~g- ege, w~~h all premi~ms thercon paid io fulf, fire insurance in the usual uandard policy lorm, in a sum approved by the MOR~GAGEE, and w~ndsrorm ~nsurance in the usual standa~d pol:cy form, in a sum app~oved by the MORTGAGEE, in such company or tompanies as ~he MORTGAGEE may direch and all fire and windsrorm insurante policies o~ any of said buildmgt, any Interest therein or parl Ihereof, in ~he agyrogate sum afaeta~d o~ in excess thereof, ~hall contaln the usual standard mar~agee dause w tiuch other clause ai ~M Mor~gagee may requ~~s, mak~ng the loss undr~ sa~d poli- ues, each and every, payable lo said h10RTGAGEE as iti interest may appea~, and eacfi and every such po~~cy ~hall be promptly ass gned and de~iverrd to eny he~d by said MORTGAGEE as furthe~ security to said mortgage debt, snd, no1 leu than ten (10) days in advance of the expiration of each policy, to de- I~ve~ to said MORTGAGEE a renewal lhereoi, togtther with a rece~pt for the premivm ot such renewat; and ~he~e shall be ra f~re or windstor~n insurance placed on any of said build~ngs, any intereat therein ot part lhereof, unleas in 1he form and with Ihe ~ou payable as aforeaaid; and in the event any sum of r:e-~s,ry brcemes payable unde~ such polity w pol~cies said MORTGAGEE shall have the option ~o reteive and apply the ume on account o( the indebted ness secured hereby or ro permil said MORTGAGORS to receive and use it or any part thereof ior otner purposes, v.~~hout ~h:.c~~ ~vsi~~.~~ o~ ~~~~p~~~- ~ng a~y equ~ty, lien o~ right under w by virtue of Ihis mo:egage; and i~ Ihe event said MORTGAGORS shal! fw any reason (ail to keep ~he sa~d prem~s~•s so insured, or fail lo deliver p~omptly any of said policies of insura~ce to said MORTGAGEE, w fait promprly to pay fulty any pren,iu~n therefw or in a~y respect fail to perfwm, d]scharge, execute, effect, complete, comply with a~d abide by th~t covenaro, a any part hereof, sa~~ MORTGAGEE mey piacr a~~d pay fw such i~surance oi any part ther~of w~thout waiving w affecting any option, lien, equ~ty, or r~ght under a by vir~ue of fh~s Mortgage, and the tult amount of each ar+d every such payment shall be immediately due and payabls and shall bear interrsi from ~he date thereof uni~l paid at the raee ol n~ne per cenwm per annum and to9ether with such interest shall tx sewred by the lien of this mortgage. 1. To permit, com~nit or suffer no waste, impairment w deterioration of said property ot any parl thereof. 5. To pay all a~d sing~lar the costs, thargei and ezpe~ses, including a reasonable attorney i fee and costs of abstrads of titte, 7ncurred o~ patd at any ~ime by said MORTGAGfE, betause a in the event of the tailure on 1he part of the said MORTGAGOR to duty, promptfy and fvlly perform, d~scha~ge. execute, effed, comptete, comply w~th and ab~de by each and every the stipulat~o~s, agreen,ents, conditions, and covenants of uid promissory note and th~s n,ortgage any or e~ther, and u;d costs, cMrges and expenses, each and every, shall be immediately due and payable; ~vhe?her or not fhere be nof~ce de mand, attempt to collect w suit pend~ng; and the full amount of each and every such payme~t shall bear interes~ (rom fhe date thereat until paid at the r~~e of nine per cent~m pcr annum; and all said costs, tharges and expenses inturred a paid, together w~th such interest, ~hall be setured by the lien of th~s mortgage. 6. That (a) in thr event of any breach of this Mortgage w defauN on the part of the MORTGAGOR, u(b? in tfie event any of sa~d sums of money herein referred to be not promptly and fully paid within thirty (30) daya nex~ af~er ~he same se~e~ally become due and payabfe, wi~hout demand or no~ice, or (c) in the evero each and every ~he sripulat~ons, agreeme~ts, cond~r~ons and covenams of sa~d promiiwry note and th~s mo~tgage any o? either are nof iuly, promptly and fully performed, d~scharged, exec~ted, etfected, complated, complied wi~h and abided by, then in either w any svch event the said ag gregate sum mentioned in said promisswy note then remaining unpaid, with int_resl accrued, and all moneys secured hereby, shal! betome due and pay- ao'~e for~hwith, or thereafter, at the option of sa~d MORTGAGEE, as ful{y and camptetely as if atl of the said sums of money were or;g~nally stlputated to be paid on such day, anything in said promissory note or in this Mwtgage ~o ~he contrary notwithstanding; and thereupon or thereafter at the option of s~~d MORTGAGEE, w~thout notice or demand, suit at law or in equ~ty, therefwe or thereafter bequn, may be prosecuted as if all moneys secured hereby nad matured pnw to its institution_ 7. That in the event that st the beginn~ng of or at any time pending any su~t upon this Mortgage, Or to lweclox.Jt, w to reform it, or to enfo~ce paymenl of any claims hereunder, said MORTGAGEE shali apply to the Court having jurisdiction thereof for th6.appointmgi~t of a Receiver, such Court shail fcrthwith appoint a receiver of said mortgaged property all and singular, includ~ng a1i and singular the inco~ne, prol~ts, Issues and reven~es from wh,~te~er seurce derived, each and every of wh;ch, it being ex~xessty understood, is hereby mortgaged as if speuficaily set forth p~d described in the granting and habendum clauses hereof, and such Receiver shall fiave all the broad and effective funcnons ar~d powers in anywiu entrusted by a Court to a Receiver, and s_ch appointment shall be made by s~ch Court as an admitted equity and a matter of absolute i~ght to said MORTGAGEE,~and withouf reference to the adeyuacy w inadrquacy o~ the value of the property mortgaged or to the soivency or insotvency of said MORTGAGOR o~ the defendants, ar.d that such ren~s, profits, income, issues a~d revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. ~ 8. To duly, promptly and fully pe•iorm, discharge, execute, effect, complete, compiy with and abide by each and every the stipulations, agreements. - cenditions and covenants in sa~d promissory note and this mortgage set forth. 9_ That in the event the ownership of Ihe mortg'aged pramises, or any part thereof, betomes vested in a penon other than the MORTGAGOR, the S'.^RTGAGEE, its successorf and auigns, may, without notice to the MORTGAOR, deal with such successor or successw in interest with reference to this r, o~~gage and the deb~ hereby secured in the same manner as with Mortgago~ without in any way vit;ating or d~uharg~ng the Mortgagora' liabillty here- under or vpon the debt hereby secured. No sale of the Frem~ses hereby mortgaged and no forbearan~e on ?he part of the MORTGAGEE or its successors e. assigns and rto exrension of the time fw the payment of the debt hereby secured given by the MORTGAGfE or its successws or assigns, ai~ail eperate > ro reiease, d~scharge, modify change w affect 1he o!iginal liability of the MORTGAGOR herein, either in whole o? in pa~t. " 10. It is spec~ficatly agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder or of the obligasion se- j c~~red hereby shall at any time thereafter be held to be a waiver of the terma hereof w of ihe instrument secured herby. li. In add~tio~ to the forego:~ig monthty payments of princ'pal and interest required by the prom~ssory no~e secured hereb~, mortgagor tovenants a~ d agrees to pay to mo:tgagee with each monthly pay.nent an addi~ional sum est;mated by mortgagee to be equal to 1 f 12 of the annual cost of the foliow- 3; - i A-All real property taxas levied or assessed agai•;st the above desc:ibed real estate. B-Pr~•m~u~ns on fire and wir.dsrorm ~nsurance as here~n requ:red to be carried on the improveme~ts s~tuate on the above d>scribed premisey. ; C-Premiums on ;u:h morrg;ge guaranry insurar,ce as mortgagee shatl from hme to time deem f~t to carry o~ the loan secured hweby. ~ ! Moregagee si,all from time to time not~(y mortgagor in writing of the amount dve and payable hereundrr and s~ch su:n shall fhereupon ~due and ; s~able on the due oate of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of Ij~ ~~y, In 't ~~~71~,i3!_ ; ~vunt. Such sums shail be appiied by mortgagee toward the payment of real property laxes, insurance prem~ums, and - mortga~~~i'Antv '~Y~. 'f' ! ~~'e!niums. ~ , _ ` tt ' At`1 ~ . ~ ' : ~ . ~ IN WIINESS WHERFOF, the said MORTGAGOR has hereunto set hia hand snd seal the day and year first aforesaid, F- ' ~ + f ned, Sea`.ed and deliv ed in tbE ese~ce ofc ~D $~{E '~VC ; 9 p` FILED AMD RECOROEO f~ ~'s ST. IUCIE COIINTY FLA. By : - . ~ ~ ' ROCE~ POiTRAS ' _ ~ - CLERK Ci~tCU~T COU_ AT . Le e ~ _X ~ . I ~ , N Y• ' RECOR~ V_k;c~EO~Y ' . ~ z 4 ` ~ 4 r3 u las ~ J. - 3~a~'p ~tient ~ ~AN ~6 4 30 ~M'~~ttes . ~.•{seal ) 5'.:iE OF FLORIDA ~ ~ ~ veYett Cal xel , Tre - - - s ~ - _ - - _ - - ~ _ 24581'7 ~ ~ f z STATE OF FLORIDA COUNTY OF ST. LUCIE ~ ~ 1 HEREBY CERTIFY, That on this n~~ day of December , A. D. 19 72 , ~ " before me personally appeared ~~n fienrv Griffin, Jr. and John B. Doualas, Jr. and Bverett ~ Caldwell ~ respectively President and Vice President~_ ~c Trea~urer , of - ~ God Is The Ms~ver TabeYnacle, Inc. FloYida ' - - - , e Corpa~~ti~~~ to me knoYin to be the persons described in and who executed the foregoing instrument and severally ackM~wltdF~ei~~~4:~7ce- _ ~ cution thereof to be their free act and deed as such officers for the uses and purposes therein mer~roned;. ~nt! 1ha~:11~y ~ ~ . ~ affixed thzreto the official se31 of said corporation, and the said instrument is the act and dee~l: -d~ Said cprpe~ iio~, . . _ WITNESS my hand and official seal at Fort Pierce _ , said county~af~3` ~t~t~ ` _ : ~ This instrument prepar~ci ~by J. H. Roberts, Jr. ; • _ First Federal Savings and Loan 4ssociation ' of For t Piezce ~ Flozida Notary Public, in a for State and rt~t a~Q~3aid, ~ ~ My Commission Expires: ~/l ~ ~ - ' ~ ~ l.r.L~ ~A{~ BQt~K ~ M ! _ _ _ _ ' . _ _ _ . _ 'a'~ - . . . _ . . ~ ~ 4 ~M.~ ~::r4n~x...~? ~ . . y..,~~