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HomeMy WebLinkAbout1862 and shall per/orm, comply with and n6ide 6y eacf~ and eusry the agrofinents, sttpulntions, eondlllons and rnvenanla thtreo/, nr~d o~ this morteaga, lhen th4 rno~Igage and Il~e estnle here6y creoled, al~all ceos~, de- le?ntin~ ond 6~ nall a~d void. ~ tl~e morfgagor here6y jwtl~er covenants a~d ogrrva !o pny promptly whe~ dw the pMnNpal o~d inte~esf and othe~ aums ol money provtded ~or in sald nofe nnd t~is mortguge, w eifhe~; to pay al~ und singular the faxes, assessmenta, levies, lia6ilities, o6lignliona, and e~cum6rances o~ euery nnture on snid pro- perty; to per?nit. commif o~ suJ(e~ no waste. impairn~e~t w c~eterio?ation o~ snid land or f1~e improveme~ls thereon at any fime: to ~reep l1~e bui~ings now or kerealter on aQid Iand /ully Inaurec~ in a swn o~ not ~ess . ~hnn ONE HUNDRED THOUSAND DOLIARS in a company or compu~ies nccepfab~e fo the mortgagee. the po~icy or pn~icies to be heW 6y, a.~d poyabl~ fo, said mortgagee, and in 1he event nay sum o/ money becomes ~ya6le by virfue oj auck i?~swance !he morlgagee shall I~a~e ihe rig~t to receive n~c~ opply the same !o the inde6tedness hereby secured. uecounting to ttie morlgngor ~or any awplus: lo pay a~~ coats. charges, ond expenses. inc~ut~ing ~wyer s jees and tif ~e searches, reasona6ly incun~ed or paid 6y ll~e mo~fgagee because o~ fhe ~ai~ure of Ihe mortgagor fo prompt~y and f u~~y c~omp~y witl~ tl~e agreemenls. stipulations, cortditions and couennnts o~ said note and fl~is morlgage. or eit~er; to perjorm, comply witl~ nnd n6ide 6y eocl~ and every t{~e agreemenb, stipulations. conditioru ancj covenanls set ~oNh in said note anci this morlgage o~ eil{?er. /n the evenf ftie mortgogor ~atjs to pay when due any tax. nssessment, insurance premium or ot~er sum oJ money paya6le 6y viHue o~ said note and this morfgage, or eit~er, t~ie mortgngee may ~,y tl~e same, wifhouf wniuing or a~~ectQng fhe ~option Io ~o?ec~ose or nny oll~er rigl~t hereunder, and nll such payments shall 6ear interest Jrom date ther~eo/ at the higl~est law= ful rnte then nllowed by t6e laws of tl~e Slate oJ Florida. )l nny sum o/ money he~ein referrec~ to be not pro:npll~ pnid wilhin five days next n(ter the sume 6eoomes due, or if ench and euery the agreemenls, stipulations, eonditions und coveRnnts oj said note and tl~is mortgage, or eiiher, are not /ully perjo?med, complied wilh and a6~ded by, tlien the entire stun mentioned in snid note, and fl~is mortgage, or t6e entire 6ulance unpaid ther+eon, shoQ /ort/uqith or ihereu/ter, at tl~e option oj the mortgagee, 6eoome n.~d bs d~ a.~d rxiyo6[~, nnything in said nofe or I~erein to tlee c~w~trary notwilhslanding. Failure by the mortgagee to exencise any o~ the rigl~ts or options herein prouic~ed s~au nof consfitule a waiver of any righls or options under said note or l~is mortgage accnaed or therea'te~ acc.ruing. ; - `'"c',~' ~ : ~ / ` - ~~.t~: - ~ r. _ i:. o . z ~ - CG . • .p":. a.' itnp~~ F ~:c RATE ~n ~~Nw~.. the mortgagor {~as caused t~iese presents to ~ AL) 6e executed in its name, and its corpomte sea~ to be hereunto a1fiaced, by its N~~(1\~~' proper of ficers thereunlo du~y nufhorizec~, the day and year firat ajiove wrilten. PORT ST. LIJCIE FIRST BAPTIST , • . y ~ 7 t1~~': CG_- ' ~~C/ _ vIlUA~.rN~_ 11,Ci ~ ; $ectdarp j Signetl, sea~ anc~ de~iuerec~ in t{~e presence o~• _ ~ ' BY- - . 3 ~ ~ - - - Prnide+d . ~ F `E ~xo A~co oEO - - - - - : ~ S#.l C1E COUNt FL~. fIGG=R ~~°j~~S ~ RE ~RC VE~icfO ~OURT ~ ! FIARIDA ` Z 06 ~~3 ~ ~tnte Of ~ " ~ouitty of sT. ~.uc~ 253321 ~ i HEREBY CERTIFY Jwe m dr, duy. be(o.e ...e. n. oJJiar ddr owMrised in ll~e S1de ond C «e,.d m aLr acL~o~led~- ,~,u,, a,.~d[r C~iARLES H. MITCHELL and CLARA A. JA~~N ~ ~ ~n ~e ~ ~o c~ ~ PnsidrrK and Secretary n~.~+:at, a. ~a m ~ ino.rpopo. b~ 1/~e je.egoing insln.me,d. and tMe t1~ep ,eoe.nll~ «b~o~a~d0ed e:~cuw~ lhs som.. s~ d,. preaenoe o/ ~oo ,..6.oi6i~.y ~u~s.s.. ~ I.Kir o.d ool~io.dr ~„~d~. a,elp.ar d~.lr ~~~d ~/K„~ 6~ ~d ~.~..~;o.~ ~d J~w J~ ..d d1~d ~o u d~. w. ~o.~.ok ,.al o( , ~ ~d ro,i,o.a,;o.~. : ~ ~ wrrwFSS ,~,.?p.~d,,a,~a ~l~:.;~d. c~, a,~a s~ t~ ~ 26th a., ~ April ~ A_ D. ~9 73 . ~t- ` ~ ~ . ~ € ' ; ~ ~ ~ = • - - - . - . . - ~ ,J r• : a= tar tate o Flori a~~a"t _ . _ xo y Pu ~ ~ ~L~ ~ ~rge ' ~ ~~u~'y"'~~~,;.-' My Commission Expires : 12/20/76 ~ ~ ~ ~.a;~ Tbis bu~ni»~r~ ird 6y: AAllll'Sf TM~~UMEI(T WAS PREPARED BY e ~ R~~~ SPENCER B. GILBERT, Attorney at law ~flGr' ~ , 220 S. SECOND STREET , FT. PiERCE. FIA. 33~54 _ _ ~ _ _ ~ -