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HomeMy WebLinkAbout0882 t ~t and ,hall perform, comply with and abide by each and #irery the agrwnwnb, atipulattoni, eortditiorts and eotwnanla theeoj, and of this mortgage, then this tttortgage and the estate hereby created, shall cease. de- termine and be null and void. the mortgagor hereby further covenants and agr+ep to pay promptly when due the principal and interest and other sums of money provided for to said note and tlds mortgage. or either; ro pay all and sMgular the taxes, as:easmsnts, levies. Itabtlittes, obligation,, and enctsmbronoes of every t~tur+e on said pro- perty: to permit. commit or tut jer no waste. impairment or deterioration of said land or the improwmenta thereon at any time; to keep the buildings now or hereafter on said land fully rotund in a sum of not lest _ than full insurable value in a company or companies acceptable to tits mortgagee. the policy ot~ policiee to be held by, and payable = to, said mortgagee, and in the event any sum of money becomes payable by virtue bj such trtaunrtce tht mortgagee shall have the right to receive and apply the same to the indebtedness hereby aecttred, acoountirtg to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title = searches, reasonably incurred or paid by the mortgagee because of the jailttr+e of the mortgagor to promptly and /oily comply with the agreements, stipulations, conditions and covenant, o/ said note and this mortgage. or either: to perform, comply with and abide by each and every the agreement,. sttpulatioru. oattditiont and rnvenants set forth to said note and this mortgage or either. In the event the mortgagor -jails to pay when due any tax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this mortgage. or either, the mortgagee may pay the same. without waiving or ajjeeting the option to jareclaa. or any other right hereunder, and all such payments shall bear interest from dab thereof at the highest law- f ul rate then albwed by the laws of the State of Florida. ~l any sum of money herein referred !o be not promptly paid within 3 U days next after the same becomes due, or tf each and every the agreements, stipulations, conditions and eovenanb of ,aid note and this mortgage, or either. are not jolly performed, complied with and abided by, then the entire sum mentioned in said note, and tht, mortgage. or the entire balance unpaid thereon. shall forthwith or ihereajter, at the option o/ eke mortgagee, become and be due and payable. anything in said note a herein fo the eontnsry notwithstanding. Failure by the mortgagee to exsn-lee any of the rights or options herein provided shall not constittete a waiver of any rights or options under said note or this mortgage accrued or thereafter accrtdng. _ ] ~ ` 7n ~ ~~Ct~f, the said mortgagor has hereunto signed and sealed these pr+nenta the day and year ji.at above written. FAIRLANN BAPTIST CHURCH OF FORT PIE CE Signed, sealed and delive in the presence oj: 4 ~ . . - - - RAYM HI,X~ON~ J CN- L 'l=Y-- TRUSTEES _ ~ i STATE OF FLORIDA, ~ { cou:~~rY of S T. L U C I E ~ I HEREBY CERTIFY slut oa this day, txtore me, an officer duly authorized in the Sate aforesaid and in the County aforesaid to take acknowktdsmcats, penwn:lly appeared Edwin H. Bawling, Raymond H. Hixson and Charles Wooley, as Trustees of Fairlawn Baptist Church of Fort Pierce, Florida, to me known to ix the person $ desrn'bed is and wlw executed the farrsoitg instrument area they atknowledsed before roe that they executed the same. WITNESS my hand sad official seal is the County and State last aforesaid this 2 4th day of August A. D. 1979. I l • i~~Yi 4f ~.4r ~ tl3,r~ i may.. ~i •~r~~y . •f~, ~ 456398 Thu Inurumrn/ prrparrd by: Addnxs TM18 tr+srttUMEr~rr PREPARED SY aO~K PAGE CHARLES R. P. ©ROWN r. o. eox tots Sot s. erg et.