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Home My WebLink About0101 ~ ? ~ V f A Y e'~! ~ ~ . 1 ~s • r''r' ~~~VO REEMEt~tT 0 r MORTGAGE DEED AND 3ECURIZ'Y AG THIS MORT(iA(iB DRBD (the Mortsage), dated a~ ot Apri 1 2 8, , 197 8, by und between Immanuel Missionary Baptist Church, Inc. •(hereinatter called Mo~agor) and $g~C Of St. L1~Cfe COUrity , havias an ottice ac111 Oranqe Avenue , Fort P ierce , , Floride (hereinatter ca[led Mortgagee) : 'iVITNEBSETH. that in consideration ot the premi~es artd in order to secure the payme~t of both tlze principal of, and inteewt end any other wms payaWe on the note (as hereinattes deGned) or thia Mortsage and the performance and ob- servance ot sU ot the provision~ hereoE and of said note. Mortgagor hereby sranta. sells; warrants. aliens~ remises, nlaasea. conveya. a~aians. tranatets, mortaaae~ and sets over and conCums unto Mostga~ee. all ot Mortaa`or ~ estate. riltht, title and interest ir. to and under aU that certain real property situatein St. LL'C1@ County. Florida more particulady described as foUowe: • The North ~ of the NE~C of the SE~ of the SE~ of Section 32, . Township 35 South, Range 40 East, St. Lucie County, Florida, less and excepting the South 150 feet thereof,~also exceptinq riqhts of way for public raads. • / ~ Recstved • M PaYa+«tt OI TaM ~ N.~, S TAT ~ ~ F F L O R i i..'~~ ~ 1` oue on c~es~ ~nnno~ pwso~r~ Anoaeq?. 3 ~7 ~ OOCUMENTARY 5 T!~ M P i A)~ . p~~~suam To Ch~tK 71.134, Qf x-' ~v ~EPi.OF P.EYENUE '''~':a;;-q • I . ROGER P011RA8 iin °O = PB. ' M'Ari -'I6 ,,~Y ~ 3 6. Q O ~ ('~Mk CirCtlii COUf1. $L. ~AN*i Qp.~ o ~ttif~? ~ . TOCETHER WITH all improvementa now or hereatter located on said real property and all lizturea, appliances, apparatus. equipment. heating and air conditioning equipment, machinery and articles ot pereonal pmperty and replacement thereof (other than those owmd by lesseea o[ said re~l property) now or here~fter atfiaed to, attached to, placed upon, or ' ueed in any way in connection with tbe complete and comfortable use, occupaacy, or operation of said real property. all licenses and permita used or required in connectiop with the use o[ said real pmperty. aU leases of said real property now -or hereatter entered into and ali- riaht, title and interest of Mortgagor thereunder, inclu:~ina without limitation, cash or securi- - ties depoeited thereunder purauant to aaid leases, and all rente. iaeuea. Proceeds, and profita accnun6 from aaid reai property and together with aU proceeda oi tbe converaion, volunfary or involuntary of any ot the toregoir?s into cash or liquidated claims. includins without limitation. proceeds ot insurance and condemnation awards (the (oregoing aaid real pmperty, tangible and intangible peisonal property hereinafter referred to as the Mortgaged Pmpedy). Mortgagor hereby grants to Mortaagee a security interest in the foregoins deacribed tangible and intangible personal property. TO HAVE AND TO HOLD the Mortgaged Property. tagether rvith all and singular t6e tenements, hereditaments and appurtenancea thereunto belonging or in anywiee appertaiping and the reversion and reveraiona thereot and all the estate~ right, title, interest. homeatead, dower and right of dower~ separate estate. poasesa?on. claim and demand whatecever, xs wep in law as in equity, of Mortgagor and unto the same. and every part thereof. with the appurtenancas of Mortgagor in and to the same, and every part and parcel thereof unto MortgaBee. Mortgagor w~tranta that it haa a good and marketable title to an indefeasible tee estate in the Mortgaged Properiy subject to no lien, charge or encumbrance e:cept suc6 as Mortgagee haa agreed to accept in writing and Mortgagor covenants that this Mortgage ia and will remain a valid and enforceable (irat mortgage on the Mortgaged Pmperty subject only to the i ezceptions herein pmvided. blortgagor has lull power and law~ul authority to mortgage the Mortgaged Property in the f manner and form herein done or intended hereafter to be done. I?lortgagor will preaerve auch title and will torever warrant j nnd defend the eame to Mortgagee and will forever warrent and detend the validity and priority of the tien hereof against ! the ciaims of all persons and partiea whomsoever. _ ~ Mortgagor will, at the cost of Mortgagor, and wit6out expenee to Mortgagee, do, e:ecute, acknowledge and deliver all ~ and every sucb further acta, deede. conveyancea, mortgaaea, aasignments, notices ot assignment, transters and ass~rances as F Mortgagee ehall trom time to time require in order to preserve the priority of the lien of this Mortgage or to facilitate the periormance of the terms bereof. PROVIDED, HOWEVER, that it Mortgagor shall pay to Mortgagee the indebtednese in the principal sum of = 24 ~„Q00. 00 ~ evidenced by that certain promiseory note (the Note), of even date berewith, e:ec~ted by Mortgagor and payabie to order of Mortgagee, with interest and upon the terms as pmvided tl~erein, and togeWer with all other suma advanced by Mortgagee to or on behalt ot Mortgagor pursuant to the Note or this Mortgage, the final m~turity date of the Note and this Mortgage being JUIIe 1. 1993 , and shall perform all other covenants and rnnditiona ot t6e Note, all ot the terma of which Note are inrnrporated herein by reference as though set forth fully here- in, and of any renewal, eztenaion or modification. thereot and o( thia Mortgage, then thie Mortgage and t6e estate hereby created ahall ceaae and terminate. Mortgagor furt6er convenanG and agreea wit6 Mortgagee as (ollows: 1. To pay all sums, including interEat secured hereby when due, as provided Eor in the Note and any renewal, e:Lension or moditication thereof and in this Mortgage, all such sums to be payable in lawful money of the United Statea ot America x at Mortgagee's a(oreaaid principal otfice, or at auch other place aa Mortgagee may deaignate in writing. E, ~ 2. To pey when due. and without requirin6 any notice from Mortgagee, all tazes, aseeesmente of any type or nature ~ and other charges levied or aseeseed a8ainst We Mortgesed Pmperty or this Mortgage and produce receipta therefor upon demand, To immediately pay and discharge any claim, lien or encumbrance againat the Mortgaged Property which may be ~ or hecome saperior to this Mortgage and to permit no default or delinquency on any other lien. encumbrance or charge ~ against the Mortgaged Property. . . ~ 3. If tequired by Mortgagee. to also make monthly deposita with Mortgagee, in a non-intereat bearing account, to- ~ get6er with and in addition to inteeeati and principal. of a sum equal to one-twelfth of the yeady ta:es and asseffimente which ~ may be levied against tbe Mortgaged Property. and (if so reqaired) one-twel[th ot the yearly premiums for insurance thereon. Tbe amount ot such teaea. as~ssrnenta and premiums. when unknown, sha11 be ~tiinated by Mortgagee. Such deposib shal) be usecl by Mortgagee to, pay euch ta:ea, ae~ementa and premiums when due. Any inauf(iciency of such ~ Thfi Instrumrnt pr~wre~ by ~ ~ ~ ~UN D~li~l~ •~i. LJL~r i.n~~~'~tI t ~ " > FO~c.'.'.~RIY S(. LE;Gft c,~ 'v?:tY d;;iK ~ t $ CAROL FORI~ 0 R ~ er.... _ - - 60G1t P#~ EOOX ~ ~ ~ 112 S.,2rn1 Si.,FCR( f'IERCE, FLORIDII ~ •k. • ~ . ~ " - - , ` . . _ ~ ~ ~ . . - _ ~ .~,r ,...A ~ -