HomeMy WebLinkAbout2178~ ~f~,~•°° Loan No. 01-23089160
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MORTGAGE AND SECURITY AGREEMENT
TNIS MORTGAGE is executed this 16th day of March, 1981 by GREATER
NEW BETHEL MISSIONARY BAPTIST CHURCH~F ~RT PIERCE, FLORIDA, INC, a
Florida corporation not for profit, hereinafter called the mortgagor,
which term as used in every instance shall include the mortgagor's
successors, legal representatives and assigns, either voluntary by act
of the mortgagor or involuntary by operation of law, and shall denote
the singular and/or plural, and the masculine and/or feminine, and natural
and/or artificial persons, whenever and wherever the context so requires
or a~nits, party of the first part; and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation organized and existing under
the laws of the United States of America, whose address is 100 South
Second Street (P. 0. Box 249), Fort Pierce, Florida 33450, herein called
the mortgagee, which term as used in every instance shall include the
mortgagee's successors, legal representatives and assigns, party of the
second part.
WITNESSETH:
That for divers good and valuable consideration, and in considera-
tion of the aggregate sum of money named in the promissory note of even
date herewith, hereinafter described, the mortgagor does grant, bargain,
sell, alien, remise, release, convey and confirm unto the mortgagee, in
fee simple, the following descr~ibed real estate, of which the mortgagor
is now seized and possessed and in actual possession, situate in the
County of St. Lucie, State of Florida, to wit:
Lots 11 and 12, of Block "B", of BENJ. HOGG'S ADDITION TO
FORT PIERCE, as per plat thereof on file in Plat Book 1,
at page 1, of the public records of St. Lucie County,
Florida.
By agreement of Mortgagor and Mortgagee on file with
Mortgagee, the within mortgage secures not only an exist-
ing indebtedness, but also ADYANCES to be HEREAFTER made
by Mortgagee to Mortgagor the aggregate of which will
equal the principal amount specified in the promissory
note secured heret~y.
TO HAVE AND TO HOLD the same, together with all and singular the
tenements, hereditaments and appurtenances thereof, including all fix-
tures and articles of personal property now or at any time hereafter
attached to or used in any way in connection with the use, operation
and occupation of the above described real estate, and any and all
buildings and improvements now or hereafter erected thereon; such
fixtures and articles of personal property including, but without
being limited to, all furnishings, pews, carpeting, screens, awnings,
storm windows and doors, window shades, inlaid floor coverings, shrub-
bery, plants, stoves, ranges, refrigerators, boilers, tanks, furnaces,
radiators, and all heating, lighting, cooking, plumbing, gas, electric,
ventilation, refrigerating, irrigating power, air-conditioning and
incinerating equipment, systems, machines and appliances of whatsoever
kind and nature, all of which fixtures and articles of personal
property are hereby declared and shall be deemed to be fixtures and
accessory to the freehold and a part of the realty as between the
parties hereto, their successors, legal representatives and assigns,
and all persons claiming by, through or under them and shall be
deemed to be a portion of the security for the indebtedness herein
mentioned and to be subject to the lien of this mortgage, TOGETHER
WITH ali rents, revenues, issues, proceeds and profits of the above
described property, and also all the estate, right, title, interest,
property, possession, claim and demand whatsoever as well in ,~/
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