HomeMy WebLinkAbout0457 i
and shall perform, comply utith and abide 6y PQCh and every the agreements, stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de-
termine and be null and void.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jor in said note and this mortgage, or either; fo pay oll and
singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon at any time: to keep the buildings nou? or hereafter on said land fully insured in a sum of not less
than its insurable value
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum o/ money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus; to pay all costs, charges, and expenses, including lawyer's Jees and title ,
SPnMheS, reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor to promptly
artd~Jully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply utith and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without waiving or aJf
ecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allp ed by the la ? of the State of Florida. PI~7ilII?ED , that the abOVe
provisions wi~l beoome e~~etrtive upon ten~nination of ~he~estate of mortgagees
~i any sum of money herein referred to be not pro:npfiy paid within 3Q days next after I
the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note a?td this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon, shall forthwith or
~ thereafter, at the option of the mortgagee. become and 6e due and payable, anything in said note or' herein
fo the contrary notu~ithstartdit.g. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortstifttfe a waiter of any rights or options under said note or Ibis mortgage accrued or
thereafter accruing.
I
I' 1
" i
(C(~RPOR:ITF ~Il ~tt11tSS ~IKCeO` the mortgagor has caused Ihese presents to
~{:.1I-1 be ex sited in its name, and its corporate seal to 6e hereunto of
fixed, 6y its. ,
pro er officers thereunto duly nuflwrized, the day and year first above written.
~ ~ PARKVIEW BAPTIST CHURCH OF FORT ~
i
I'
t - PIERCE, INC.
j ack Lowry ~t~~> - ~ a~.~..:E:;?.t,t,,
Signed.fsealerl and delivered in Iltp pmsenc of c , c,.
_ / _
ha ~ Hayes ~ ~ p~ .
e
1 j
i $~te FLORIDA
~p((n~ Ol ST. LUCIE
t HF:R1:Bl' ('f:KTIf that on t{,is ,fug. dtlwt mt. on allire? duty aut{,aistd in t{•e $tuft .wf C~ounly alonwid to taLt aclmoudedg- .
~ -.,.nt,. rM•sonuff>• at.r,rund Richard Hayes and Jack Lowry
~rll ir,,,u•n ro nw r.> {.r t{,r Prr„dint and Secretary resrrert,vtly of~(t6t ro.~.~tion no.ned as
a matgagor in 1{,t Iwrgtnng inan, mrnt. umf t{ud 1{~rY ,r rrru(fy a, {enuu~f r.Iged t~eruling t{,t samq in Idt prrxnn .ry loo subfen ding a~trvsxs.
Irrtfy and ,v.funlarefy u.ufer out{,w,lv dufY rraird ,n t{.em d> ,aid rwtwruliura and 1{,at Ide xaf allited 1{.errlo is Idt trot owporaft xaf al
i;
wid rwtwrnhan
wrr~~?:~; n, ?,an,f and o of xaf in t{,r county and Matt fa,t a wt,aid td,. da a October
Ihri ! r /
r~ t~ ~9. 461693
_ _
t
.rl,;~ r.„~1 t-~ car. t No ary Public - ~ _t
{ ST.tUC1E L3'.N~Y.Ft.. , _ u _
ROGER PAitR My COmIR1SSlOn expir7gs : ' 'lat. ~'8;~9
II ' {f1~
R. N. Koble and III Es .
•/l~t~ Irr~Irnrnr~~N /,rrf?nrrrl lty: 9 r r q
4~; P. 0. BOX 1000 1', c~ p
.1JJrrct Ft. Pierce, FL 33450 3;~1K,J10 PlGE 457