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Home My WebLink About0980 To plece and cont~nuoualy ?eep o~ the (wi'.d~ng~ now o~ he~ea(ter ~~~wt~ on said I~nd and on ~li equipmen~ and perwnalty covered by this mwe~ ~y~, wilh all premw~nt Ihereon pa~d in IuU, fi.e inswance in ths u~wt itendard policy foam, in • sum app~o~ed by the MORIGAGEE, and winditum in:ur~nc~ in t!?~ uiual atanda.d pot.cy fam, in • sum ~pp~orsd by ~he MORiGAGEE. in such company w companie~ ~s ~M MORIGAGEE ~nay directs ~nd •11 iire end w~ndseo~m insvranc~ polKies on any of is~d bu~~d~nps, ~~y Imtres~ ~herein o~ part thereof, i~ IM pqrcpa~~ ~um afo~~Nid O~ in ~ateu the~cof, siaN ta+tain ths usuat standud mprtga9ee dwss or such othe~ t~avs~ a~ 1M Ma~yages may requ~~t, makinp tFa lo~s unde? sa~d poli~ . cief, tach and evvey, p~yabte to sa~d A10RiGAGEE its inie~es~ may appear. ~nd each and every tuch po~~cy ~hatl be promptly au y~ed ~~d del~ve+ed ~o ~ny hsld by ia~d MORiGAGEE as fur~her secwity ro said mw~yaQe debt, and, not les~ ~Mr+ ~en (t0) days i~ ~dvance oi ~he expira~~a+ ol f~C11 pO~iCy, ~o da IivN to said MORiGAGEE a r~newal thercot, loye~hK wi~h • receipt tp the p~~mium o1 auch reoewal; •nd ~here ~hall be no f~ra or winds~orm insurant~ pl~ced on any of iaid bvild~~gs, ~ny imereit ti+erein u part tAereot, v~less in th~ torm and wifh tM lou payablt as afaes~id; +nd in the eve~t any sum of mw~ey becomcs payabte under such policy a poticias taid MORTGAGEE ahali F+~ve ~M op~~on to ~eceive and apply ~he same on accoum of ~he i~xiebted- ness setu~ed heroby ot ro pcrmit said MORTGAGORS to receive and us~ it o~ any part thereof lo~ o:i~cr purpoees. ~vnho~t tha..o~ wai.~n~ or ~mpair- ing any equity, licn w r~gh~ unde~ w by vir~ve oi thia~+w:sgage; and i~ the eve~! ssid MORTGAGORS shall (or any rrawn fail to keep the sa~d p~emises so insurcd, or f~il to delive~ promptly any of said potKies of inaurante to sa~d MORTGAGEE, o~ fail promptty to pay lully any prrmiu~n therefw a i~ s~y resped tail to perform, d~scharge, eaecuta, effecl, comptete, comply with and abide by this covenanf, a any p3rt hzreof, sa~d MGRTGAGEE may place a~.d S pay fw suc1~ iasurance o~ any pa» thereof wi~hout waiving o~ •ffectinp any oplion, lien, equi~y, or right unde? or by vi~tue of ~his Mortgage, and thc f~ll amount of each a~d every such payment shall be immed~ately dw and payaGle and shall bear interest from ~he date ~he~eof untii pa;d at the rate ol ~ nine per centum per annum and to~ether with such i~te.est sha11 be secwed 6y the lien of this mwtgsge. To pt~mit, commit w suf(er rto waste, impairment or deterioration of said property or any part thereof. S. To pay all and s+rgular the coats, charges ++x! expenses, including a reasaiable attwney's fee and costs of abstracts of title, incurred or ps~d at any time by said MORTGAGfE, because w in the event of the failure on the part of the said MORTGAGOR to duty, promptly and fully periam, diuharge. exe<ute, effett, comptete, tomply w~th and ab:de by each snd every the stipulations, agreements, conditions, and covenants of said prom~ssory r?ote and ~his mortgage any w either, and sa~d costs, charges and expenses, each and every, shall be immediately due and payable;_ whe~her w not the~e be notice de mand, attempt to collect w suit pending; and the futl amouM ot each and every such psymem shafl bear interes~ from the date thereol u~til paid at the +are of nine per censum per an~~u:n; an~' all said costs, charges and expenses incurred w paid, togather wdh such interest, shall be securrd by the lien of thi~ mortgage. • 6. That (a) in the event of any breach of this Mortgage w delault on the part of the MORTGAGOR, w(b) in the event any of said sums of money herein referred to be not prompsly and iully paid within thirty i30) days next after Ihe same severatly become due artd payal~le, wi~hout demand w notice, or (c) in the event each and every the stipulations, sgreements, condit~o~s and covenants of sa~d promiuory note and th~s_ mo~tgage any w either are oot ~~ly, promptly and fulty performed, d~scharged, ezec~ted, effected, completed, complied w~th and abided tiy, then in either or any such evenl the said ag gregate sum mentioned in said promissory notr then remaining unpaid, with interesl accrued, and all moneys setured hereby, shall become due and pay- nbte forthw~th, w thereafter, at the op~~on of said MORTGAGfE, as fully and completely as i! all of ihe satd sums of money were aiginally s~ipula~ed to be pa:d on such day, anything in sa~d promisswy note or in this Mortgage to the contrary norwithstanding; and thereupon or thereafter at the optio~ of :aid MORTGAGEE, without notice o~ demand, suit at law or in equity, therefwe o? thereafter i~egun, may be prosecuted as if all moneys secure~ hereby nad matured pnor to rts institution. 7. That in the event fhat at fhe bcginn~ng of or at any time pending any suit upon this Mortgage, or to foreclose it, or to refwm it, or to enforce payrrK~t of any claims he.eunder, said /~10RTGAGEE shall apply to the Cou~t having jur~sd~ct~on thereof for the appo~ntment of a Receive~, such Coun shall forthwith appoint a receiver of said mwtgaged property al! ared singulsr, includ~ng all and singutar the income, profils, issues and revenues from whatevtr ~ sou.ce derived, each and every of which, it being expreuty unders~ood, is hereby moctgaged as if speufically ut fath and described in tlx granting and habendum clauses hereoi, and such Receiver shall Fwve aU the brwd and efFect~ve funcr.ons and powers in anyw~se entrusted by a Court to a Receiver, and c+,ch appointment shall be made by such Court as an admined eqoity and a matter of absoiute rigM to said MORiGAGEE, and withoul reference to the adequacy w inadequacy of the value of the property mwtgaged or to the sowency or ~nsolvency of sa~d MORTGAGOR or the deftndanfs, and that such . renrs, profits, income, issues and revenues shall be appl~ed by such Receiver accwd~ng to ~he lien or equity oi said MORiGAGEE and the prauice of such Co~rt. S_ To du~y, promptly a~d fully perform, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipulations, ag~eemenfs, conditions and covenant: in said promisswy note and this morrgage set forth. 9. ?hat in the event the owrte~ship of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without nc~ice to the MORTGAOR, deal with such succeuw w_ successw in interest with reference fo this mortgage and the debt he~eby secured in the same manner as with Mo~tgagor w'~thout in any way vitiating or dixha~ging the Mortgagors liability he~r under or upon the debt hereby secured_ No sale of the Fremises hereby mortgaged and oo forbearance on the part oi the IAORTGAGEE w its sutcessors or assigns and no extension of the time fw the payment of the debi hereby secured given by the MORTGAGEE or its successws or assigns, sMll operate to release, discharge, modify change os affect ihe original liability of the IVIORTGAGOR FKrein, either in whole a in part. ' 10. It is specifically agreed that time is of the esunce of this contract and that no waiver of any ob~igation hereunder w of thll"obligatan se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby. , ~tt~!!it~ 11. In add~tion to the iorego:ng monthly payments of pri~c"pal and interest required by the promissory nole secured,h!?eb rt~~gar eovenants k ar.d agrees to Ray !o nwrtgaqee wi~h each momhly payrnent an add~~ional sum estimated by mortgagee to be equal to 1/12 oi ~saf~tA~'•{F?e follow- ~ . ' I in~: G`~~. ' ~ A-All reat prope~ty faxrs leiied or assess~~d against thc above described real estate. , B-Pr;n:~u~ns on fire and windsto~m insurar,~e as here~n requ~red to be carriet! on the improv~ments situate o/~ It~bove d~ p ~ C-Premiums on such mortgage guaranty inswar~ce as mortgagee sha{~ from t~me to time deem fit to carry on=~he fiat~ sec red e ~ t~y: ' Mortgagee shail from tir~e to ti:ne notify mortgagor ~n writing of the amount due and payable hereunder tnd suth snry s~Yf+~eufZoi?:6~;doe and rayable on the due date of she next monthly paymem and each successive monrh thereafter ur.til mwtgngee sha~l rotif~ fp~4tQa~liof a~tF~SrR,~e in such a~~ount. Such sums shall be apptied by mortgagee loward the payment of real property taxes, insurante prem:ums, =a~t~~fb~tfl~age gua(ir,Zty' if~surance p~emiums. . ~ ' ` . IN yVITNE55 YIHEREOf. the said MORTGAGOR has hereunto set his hand and seal tha da and ear first aforesaid:: ~ j ~-g„~d, sea~~d and delivered i,? he presence or: BE1'AEL BkPTIST CI~OIt~ OF F'ORT PT~ftC~,a~, F~AR~DA ~ INC . ' ~ ~ n _ O~ ~ ~ ~ p ~N BY : ~ ' _ s ident n , f ~~~~E t.9@ an ; E AOCER f4lTR?f TI'113~6A y~aq i - ~QRD YE~ f~fs~ 'r1918t.68 5~ REC ' sNn i ~ STA7E OF FLORIDA ~ ~ ~3 ~ ; ~t ~ - ~ COUNTYOf Sti• ~C.~e ~``,,N1}'~~'lt::~r.r~ ~ ~ Before me personapy ap ared IB01182'd TAiies JOZ1I1 W ~9 and John M• D8V~3dIls. ~$.~LB~~~~ Bethel Baptist ~liureh of Fort Pieree, Florida, Inc., to me we11 knoW~il~spt~'. to ~ i"p.(s~ ~ the individua(s deacribed in and who executed the foregoing instrument, x~d ackrwwledged before me that they executed tFfq's~e~~~Flfq ~ therein expressed. llfR!'TMlZatA'~~~~M~~~~~~~r~~NN~~MN~~~~NM~~~~~~~ ' t.~ ~ ~~~TO~~NM~r~~~~~~~~~~~~~~l~~~1~~A~~~iM~NN~~~Nr~M~~~~~?~~~~~~~d~f • k • A~*'fiVT~iORZ1fIi00~1~T~~C~~ V~V~C7~ I~~~~ .~CVilV~II10 ~pqT R ~e~il~stld'M4R1001~lRflbMfpCKIOf't~1RffSfMf,~1411L11lfOrq'ef+f!'!1'•e(~IS?"~fd111"IRTl61~1'11ClbaTRl~ ~ s i 5 • • • t. ? ; WITNESS my hand and official ual this n-r~ day of ~~b q..D:;}p ,._..L_ . . ~ ~ J . ? STATE OF FLORIDA Notary Pubt~c in and for the State of Fbrida et lar CJ ,~5 . i C~~i I~'~ My Comm~ssion exoires: ; C~ 1 HEREBY CERTIFY, That on this n~day of_ ~h , A. 19 73 , ` ''s ~D " ~ ~ ~ before me personally appeared W~eY G. WOOf,9D a~ ` J~eelivel~r President ar+d ~6eeretery?~ - of s ~ ~ ~ ~ i~~l~,trtist Church of Fort Pierce,or~da,, Inc., ~o~a .~~~~iqn, to me ~ known to be the persons described in and who executed the foregoing instrument and severally. eckno}~rl~ed the exe- ~2 cution thereof to be their free act and deed as such officers for the uses and purposes fherein roe~tdon~l;. and iJ~at they ~ f~°o affixed thereto the official seal of said corporation, and the said instrument is the ad and d~eed 'pf ,said cor.por~tion: L: A . - ' ~ ` .t~ f WITNESS my hand and official seal at Fort Pierce , said county and staf~'; This instru~oent prepared by . , . , V 1,1~. E. Braun ~ ~ ~ ~ . . ~ F1~t l~bd~ri~l SB~ngs a~1d Lp,an Notary Public, in and for State and ~ounty a#oresaid~ i~ Associatian of Fort P'i,erae ~ F10T~da My Commission Expires: -~-S s