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and shall perform, comply with and abide by each and everys life dgreentenls ~ stipulations, eonditioru and
covenants thereof, and of this mortgage. then this mortgage and the estate hereby created, shall cease, d~-
termine and 6e null and void.
the mortgagor hert•by f urthe? covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jar in said note and this mortgage. -or either; to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deteriorofion of said Innd or the improvements
thereon at any time; to >;eep the buildings now or hereafter on said Innd fully insured in a :um of not less
than FULL INSURABLE VA~~IE
in a company or companies accepts a to the mortgagee, the policy or policies to be held by, and payable
to,-said mortgagee, and in the event nny swn of 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 jar any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the jailors of the mortgagor to promptly
and fully comply with the agreements, stipulations. conditions and covenants of said note and this mortgage.
or either; fo perform, comply with 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 jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without waiving or ajjecttng 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 allow+ed by the laws of the State of Florida. ~
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~l nny sum of money herein referred to be not promptly paid within 30 days next after
the same becomes dire, .or if each and every the agreements, stipulations. conditions and covenants of said
note and-this mortgage, or either, are not Jolly performed. complied with sand 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 be due and payable. anything in said note or herein
to the contrary notwithstanding. Failure 6y she mortgagee to exercise arty of the rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or
fhereajfer accruing.
~n witness ~lteCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u:ritten. - -
Sig ~ Baled acid de!• -ere in he presence oj: FAIRLAWN BAPTIST CHURCH OF FORT - IERCE
~ ~
BY
- -
- EDWIN H. BA~W,L~NG -
- ---~!!~..-~r.~
RA ND H. H~SON
I
~ - - - - - - - CHARLES WOOLEY
- --TftUSTEfS--
STATE OF FLORIDA, ~ _
COL'VTY OF ST. LUCIE f
I HEREBY CERTIFY that on this day, be[ore me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
EDWIN H. BAWLING, RAYMOND .H. HIXSON and CHARLES WOOLEY, as Trustees of FAIRLAWN
BAPTIST CHURCH OF FORT PIERCE
to m~~ known to tx the person S described in and who executed the foregoing instrument and they acknowledged
• before me that they- e><ecuted the same.
~~'IT~F.SS my hand and official seal in the County and State last aforesaid this ~O~ day of
April A. D. t9 80
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Nota y Publ is Stag-~o .~t~t~t Large
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''(~t~R15 7'Hla INSTRUMENT PR[PARED BY _ Q~~ einC
CHARLES R. P. GROWN Y rRLiC
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