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and shall pc~?jorm, comply u~Ilh an~ a6ide 6y eacl~ and even? ths ae~ments, sNpulaftons, condit~o~u and
couenants Ihe?eoJ, and of Ihi: morteage, then 1h(s morteage and tl~e osfate hereby crealed, shall cease, de-
~ tennlne and 6e null and void. ~
~ t{~e mo?fgagor 1~ereby (uNker coi~enanla and agreea to pay promplly when due the principal and
inferest and othe~ sum~ o( money provided /or in suid nole and this mo~tpage, or either: to pay nll nnd !
st~gula~ fhe taxes, assessmenls. ~eviea. Ita6ililies, ob~igations, and encum6rnnces of every nature on snic~ pro- ~
perly; to permit, commif or ru~Jer no waafe, impairment or creteriotniion of said ~anc~ or t~e improvements
the?eo~ at any time; to leeep t1~e 6uildings now o~ hereajter on said Iand jully i~sured tn n sum oj not less
than full fnsurable value
in a company or compunies accepta6le to the mortgagee, the policy or policies to 6e held by, and pnya6le
to, said morfgagee, and in the event a~y sum oj money 6pcomes ~yabl~ by virfue oj sucf~ insurance the
mortgagee sholl ha~~e Ihe right to ?eceiue and apply the same to Ihe tndebtedness here6y secured, accounting
to tf~e morl~agor Jor any surpliu: to pny al~ costs, c~nrges, anc~ expenses, inc~uc~ing ~awyer s f
ees anc~ til~e
searc%es, reasonab~y incurred or ~~d 6y ~he mortgagea beca~ue o~ the fni~ure o~ f~e mo?tgagor to prompt~y
nn~ ~u~~y comply u~it~ II~e agreemenfs, stipulalions; conaitions and covenants o( said note and t{~is mortgage.
or either: to perjorm, comply with and a6ide Gy each and euery the agreemenls, stipulations, conditions and
couenanls set jorlh in said note and Il~is morl~age or either. In Ihe ei~enl the mortgagor (ails to pny when
d~~e any tax, asspssment, insurance premium or ofher sum oJ money paya6le 6y virtue oj said note and Ihis
mortgage, or eilher, t{~e mort~agee may pay the same, u~ithout waiuing or a~fecti~g the opfion to ~orec~ose
or any other rigl~t I~e~eunder, an~ al~ sucl~ payments shall 6ear inlerest from date thereoj at tF~e hig~es! law- ~
/ul mte Ihen allou?ed by tF~e laws oj 16e State of Florida. ~
I ~l any sum o~ money herein reJerred to 6e not pro:nP~ly ~a~d within 30 days next a~ter ~
the same 6ecomes du~, or i/ each and every the agreements, stipulafions, conditions and covenants oJ said ~
~ note ancl t{~is morlgage, or eilher, are not ~ully perf
ormed, comp~ied wifh anc~ a6;ded 6y, then tl~e enfire
sum menfioned in said note, and lF~is morlgage, or tl~e entire balance unpaid thereon, s1~all (ortfuuitFt or
~!!{~e~ea~ter, at t1~e option of !he morl~a~ee, become and be clue and paya6~e, artyt{~ing in aaid nole or herein `
( to fhe contrnry nolu~ilF~slanding. Failure ~y the mortflagee to exercise any of tf~e rigf~ts or opfions herein
i providec~ s{~n~~ not conslitufe a u~aiver o~ any rig{~Is or oplions unaer saic~ note or this mortgage aceruecj or
thereaf ter actruing. ~Ep ~~o p
MBCERaP ' r~~
; . OtEttl(~iR~(01 ~ ~
~ _ -,7~ • - • • ~ 2S~~s PECORQ V Rl iEQ~~ t
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Y~~:; ~n ~~tness ~hereof Ihe mortgngor has caused tl~ese presents ~o ~
, ,
~r ~ y
.SEii~.~~=tr be executed in ils riame, and its corporafe seal to be F~ereunto a)/ixed, 6y its
- ro er o icers f~ereunto tlul authorized, t1~e da and ear irst u6ove written.
P n !I' v y y 1'
i .Yrs~3r~~~ '~Y i ~
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4~- 7
' A"I'TEST:---- . . . _~~~tST--BAPTIST__CHURCH_.OF__FORT__PIE E,
- - - - INC.
~ J ce Ca vert ~ sH.~a.Y
. / .
~ Signed.,sealecl and de f~ ~n I~e presence o~:
~ fy
~ . ' ~3,~...~. - - -J- -
~ ----~-~-~~~'w~----- - -=-J------------- - Ralp G. Hays P~~~
.
,
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< ~ ~~e:~
_~x~:-~J---==
. i~~ ( . S . )
Re W. Nelson, Treasurer
Of FLORIDA
~Vun~ ~f ST. LUCIE .
1 HfRFBY rfRTlll' il~at an tl~it day. dvfnn rrK. an o((iorr du~y a~dl~oriud in t6~ $Iaf~ and ~'ounly a(onsuid lo ta~ aclrnouard9-
^~"'s. ~"~°"°~~y °~a°"'~ RALpH G. IiAYS , JOYCE CALVERT and REX W. NELSON
~ ~~~n ~„~r ro ~ ~ ~tie President, Secretary & Treasure~,~N,~y ro.~.~,~«. ,~a ~ '
~ morl~pgw in I~t ~oregoing inslnurwnf. and ltiaf l~Py severa~~y ac~enou~edgrd txr~ulin,q lti~ .:amr. in t~ prirteru~r o~ fu~o wbscriding ualrrssr~. ~
~ ~rve~y ond ro~un[ari~y ura~rr oul~orify ~u~y orsfrd in ltiem 6y said cwpwalion on~~ I~al 1{~t sra~ a«ix~ I~nlo ia f~e true corpornte sra~ o~
~ said co.po.utian.
~
W(T~~FCS my ?~,d a,d o(~~~;d xal ~ JK Ca„~iy a.~d Si~~ 1~ o/«e,dd du~ ~~c~l dor a/ April
n.n.~973
~ tu-,~c~ • v..~~~, .
~ Notary ~'Pii~Iic; ~'Sta~e ~~o~'~Florif~a~'~~,, ~icg_e
. ;;,rs,,
.
My Com~nission Expires: ;L 'i
_ - • _ ~
~
Notary Pu'..";c, Si;.:.: of Ff.:id~ at~
~.e = s''~i
Il~is I,u~n~mr,~~ ~ tr'~ b f~y Cc:r~rt;is.icn ExF'ues ?eb. i~16 0_
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