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187
ST. LUCIE COUNTY. rLA.
,TOGETHER WITH all and linrular the tenermnb, hereditAmenb and appurtenancea thereuntO beJonainI or in aD"'"
thereuntlJ appertAinins and the renu, iJluel and profiu thenoof. and alao IllI ~ eftate, ri..llt, tjIJ~. Intefttt L'ld all claim and
.ternalld whatlOever, u well ill law u in equity, of the lAid MOrti.,or in &JVi to the aame. incJudiDf but DOt liL1ic.d to:
(a) All renll, profitJ, rn"tnuel, royaltie., riShu ar.d benefill derivtd from (I) crops IJ'OWD on u.id lleCurity 4nG produce
of the soil otherwise (2) oil, gill or mintral lelLlet of thf' premilel or any part tb~f, no~ existinr or herein.aJ'ter made. and
(:3) all other rentl, itSu!'1 and prefit. :>f the premise. from ti~e to time accruing, whether under Ieuet or ~cies now e:.OItin&
or hereafter created; in each luch case with the right in the Mortlfll~, but only at' ib option, to rettive and rettipt therefor
and to '\pply the lame as it may elect to any indebttdneu secured hereby, and the Mortgllgee. at iu option, may clemand, lue f~
1lI1d reCOHr any such payments, reserving to the MortKagor, ho;'ev~r. 10 long ill said Mort~r is not in default hereunder, the
right to recei\'e and retain luch rents, i..u~ and profill.
(b) All jud~ments. awards of damagel lInd sellle~nll hereafter made a.s a re.ult of or in lieu of any takins of the
premi.el or any part thereof under the power of eminent domain, or for any dama!!e (whether cllused by .uch taking or otherwise)
to the premises or the improvements thereon or any part thereof; luch part of any luch jud~nt, award or settlement, as the
Mortga~ee may elect to be applied to the inrJ!'bt~neu hereby securtd and the balllnce tl-ereof, if any, to> be r~rved to the
party or p:\rties otherwise entitled thereto,
TO IIA VE AND TO HOLD the above grante<:l and delCribed premisel to the said Mort!{age\!, itl iUCceMOn and uaisru,
fO!"t:\"er. aw-' a.lt.1 ..ill )I.rl~n~ur II... .. "1 f'lll}" - - 1 ..L.l "i-I... ...... ...:.... l-;1nrl ~rU'1 uhi1 ..t..r..nrl th", um,. .fI'2.;".lt th~ lawful
II.... .f .11 "If"~' III...... er: pro\'id~d always that if Mongasror Ihall P"y to Mortga~e that certain promissory not~ above
described and sh:\1I perform all othe~ co\'enants and conditionl of said promissory note.. lInd of ally re:\ewal, exten.ion or modi.
fication th~rl"of. and of this mortgage. then thil mortllage and the e.tate h~reby ('fe~tert shall ce~'e and be n,)1\ and void.
Morllngur further covenants and agrees with Mortgagee as follows:
1. To pay all SIUIH including intere.t s~curcd hereby wh~n due, a. pro\'idN:! for in said promilsory note and any ren~...r,'
extemion or modifiration ther~of anrl in this mortgag~, ail such sums to be Pllyable in lawful money of the United !'wfis of
Am~rjca at MOr!!'~Il:~e's :tforenid principal offic~, N at luch oth~r place as Mortgag~ may delignate in writing.
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2, To pay when due, and without :equiring any notice from Mortv.:\g~~. all taxes, a\.rum~nt! of any type or nature
and othcr char<:es I!'\'i..d or ass...sed al(aimt the premi.~s hereby encumbered or :\ny intel'(',t of M0rtgage therein. To immedi-
ately pay :\nd di,char<:r any claim, lien or encumbrance againot luch pr~mi~1 whirh may be or berome superior te this mort.
'!'lge and to permit no default or delinquency 0n any other lien, ~ncumbrance or charge against luch premise..
3, If rcquirerl by Mortga2;ee, to also make monthly dep:Hiu with Mort2;all:('(', in a non.interest bearing account, together
with and in addition to interest and principal. of II sum equal to on(',tw~lfth of the )'ear\y taxes and assellt1lentJ which may be
ieyied a2;ail1\t th.. premises, and (if so Tequir~d) one.twelfth of the yearly premiuml for imu'ance therf'On. The amount of luch
tax..s. alSe.;mrnt. and pr..miums. whrn unknown, Ihall be e.:imat..d by Mortgagee. Such deposits Ihdl be used by Mortgagee
to pay ",ch ta:<es. a\Sc<sm..nts and pc,.miums when du(', Any insufficiency of such account :0 pay .uch charge. when du~ .hall
be paid by M0r!"a2;or to ~!orto:av.u on demanrl. If, by reason of any default by Mortgagor under" any pl'O'.'ision of this mort.
~alt.., Mort:pll:ee drrhres all 'urns !~cured hereby to be due and p3yahlr, Mortltag('e m:lY then apply any fundi in said account
a~ainst Ihe enlire ind,.btednc.s ,erured hereby. Th(' enforcNbility of the covenants relating to taXe1. asseJlmmll and inluranee
premium, herein other",is.. pro\'icled shall not be affected except in so far as thoSt" oblill:ations have bt-en met by compliance with
this para2;raph. Monl(all:e~ may from tim~ to time at ill option ....ah,e. and after any luch waiver reinstate, any or all provisions
herrof rrquirinl( nrh deposits, hy notice to Mortgagor in ....Titin';', While any luch \~aiver is in ~ffect Mortgasor sha1\ pay tues,
as'..ssments and insuranc.. pr("miums as h~rein elsewhere provided,
4, To pay all taxe.. stamp tax or other charge which m~y be alS~.sed upon thil mort!!age, or said note, or indebtedneu
s!'rured hereh', wit~oul rrp"d to any law, Federal or Stat~. her~tofor~ or hereafter enacted, imposing pllyment of all o~ any
part thercof upon MNt~all:..r In event of en:\ctment of any law impo.inl( payment of a1\ or any portion of any luch t311:~1 upon
Mort~,lll:..e. 0r the rt'nderinll: I", any court of IlIst rt'sort of a dl"ri.ion that thl unclertaking by Mortgal(or, aJ herein providtd, to
pay surh tax or ta~I'S i. Irl(ally inoperative, then. unless Mort!p<:or oc\'("rthdess paYI such taxe., all lun.s hereby securtd, without
any dt'duction, sh,1I1 at the option of :'Ilongagee bccome immediately due and payable, notwithn.anding anything contained herein
or any law ~..-r!'tofore or h..r..aftr, enacted,
5. To k..ep tht' pr..mi.r. inlured against Iou or damage by fir~, wandltorm or extt'nde<:l cov('rage and such oth~r huard. u
m,,' I>l" rt'qui,..d by MOr!I(,lct'e, in form and amount. latilfactory to, and in insurance companies approved by Mortgagee, and with
a(('ept.~!.h- mor!<:.1~"t' lro\S paya!.'.. clau...s allarhed. Such policiel, to/tether with such aMtractl and other title evidence a. may
be rl'quirt'd bv :'Ilo"1.:1Ht'. shall be dcli\'ered to and held by Mortgagee without liability, Upon foreclosure of this mortsa.... C'"
oth.r a, <juisilion "f Ih.. p,..mises Or any part thereof by Mortg3gee, aaid policies. abllractl and title evidence Ihall become the
ah.olult' prupert.. of ~rorl~:ll(et'
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r. To first obtain th!' wrill..n consent of Mortgagee. IUch con~nt to be !{rantffl or withh..Jd at tht' 101t' dilCretion of IUet..-l'
MOrl<:,I...... t...fore (", r.mnvinll: or dt'molidlinl( any huilding: now or hrr..aftrr rr...-ted on the premises, (b) alt~ring the arr.rie.
mr'll. d(".i..n or ,trurlur.,1 ch.uan.r th..reof. (c) mllkinlt :lny r"pair. which involv~ th~ rt'moval of structural part. or the
"~p<""rr of lh.. interior of surh t.:Jildinlt 10 th.. eleffi('nts, or (d) rXI'~pt for domestic purp()lI'I, cUllinlt or removing or permitting
th.. ; 1I11101t .,nd rl"m'l\al of an) tre..s or timber on the premisel.
7 To m.llnl.,in 1""";'''' in ~ood condilion and rt'pair, inrludinl!: hut not limited w tht' making: of lurh repairs III Mort!!lIsee
m.IV fro", I:'nr to timt' d.t..rllltllt' to I>l" nur"arv fo,' thr pr"l..rvation of th~ prt'lIli..-s .lnd to not commit nor permit any waite thereof.
II To romph' wilh .111 \.IW', ",.!:nanct's, rrg:ulalions. co"enllnts. conditions and r("strictionl ,1ffectinlt tht' pre:nises, and not
to lufT'-r or p,,"rfnit ~In\' \";ol.ttion th~rt'Of.
'I If :'Ilortll:~ro:or f..,1s to pay any cl..in>. lit'n or encumbra.ncr whirh il luperior to thil mol-'glll!e, or, whrn dut', any tall or
,,,,,,,"',.,,! or in"""nrt' prrmiuTll, or 10 kl"t'p lhe premilt'l in repair, or Ihall commit or permit waite, or if there be commenced
:1m' .1' lion or !'fO' t'",1 I nil: afTrninc Iht' pre"",t" or the titlt' thereto, thrn Mortg:all:er, at ill option. may pay said claim, lien, ~nrum.
br.,n,t', 1.1 X , .,,,rlSm"nt or prrmillrn, ",ilh richl of sul.roll:.Hion thercunder, may ma!.t' su.h repairs and take luch llt'pI .. it d~rns
,"t. i'A!.It' to iotC\ rnt or rm'- su, h wall", and may aplX'a.r in any luch' arlion or procr{'(linlf and ntain couruel therein, and take
sUlh anil~n I;,("r..in as MOrlll:.H1t't' dt'rm! a(t.'i',lhle. and for any of laid purpose. Mortgagt"l' may advance such IUrns of money,
inrluding all fOsl., f..~s 'lOd nth..r ilcml of ex~nse ill it d~ms nt'Cl'tury. Mort!fagee ~hall be the tole judge of the kS'lIJity,
\'"lidilY 3ncl priority "f any ,uch claim, lien, enrumhranct', tall, anessm..nt and p.emium, /lnd of the ar.lOunt necesu.ry to be paid
in .,,,ishctior> thl"rt'of ~1()rtll:,~I(t'.. ,han not I>l" held accountable for any dt'lay in makinI' any luch payment, which deby m:.y
rClUll in any ad.tilional ir.I('fClt. cost. cha.rlf~s or ellpen.e otherwise. -
10. Mortgagor wIll pay to J\.lortgagee, immediately and without demand, all sums
of money advanced by Mortgagee pursuant to this mortgage, together with interest
on each such advancement at the rate of 6t% per annum, and all such sums and
interest thereon shall be secured hereby If made by Mortgagee for the account of
Mortgagor because of Mortgagor's default.
11. AU sums of money secured hereby shall be payable without any relief
whatever from any valuation or appraisement laws.