The URL can be used to link to this page

Home My WebLink About1646 I~i 7 in!) ~ ~ H ST. LUCIE COUNTY, fU. TOGl.THU WITH aD Lll~ IinJUlar the te~emenll, hcredit~lenU . and appurtenanc~s ther"unto belonging or ,n anywiJe theJ""Ullto appertAininl aDd the renll, iaUeI and :;>rofiu thereof, and alto all the estate, right, lille, interell arid all claim and demand wl>auoever, u _D in law u in ecjuity, of the lAid Mortgagor in and to lhe lame, includlllg but not ilmlted to: (a) All nnll, profill, rewnue., ro~ltia, ~u and }).,nefiu deri\'ed from (I) crops grown on laid lCcurity and pr:>duce of the soil otherwile (2) oil, pol or mineral leue. of the premise. or any part thereof, now existing or ;lueinafter made, and (5) all other rents, WUeI and profit. of the premixl from time to time accruing, wheth~r under leasM or tenanc:"l now existing or hereafter creatre; in ellch .uch cue wilh the right in the Mort~a~e, b<:t only at iu option, to receive a"t! rer-eipt therefor ;.nd to apply the \&me AI it may ~lect to any indebtedness secured herel:.y, and the Mortgagee, at iu option, may demand, sue for and reco\'er ...ny such pa~nu, retervinl to the Mortgagor, however, to long u said Mortg,>gor is not in default hereunder, the riA'ht to r<<ei\'t! and ~tain .uch renu, i..uel and profill. (b) AU j..dgments, award. of damaree an<! aettlencnu hereafter made as a result of or in lieu of any taking of the premiJe' or a.ny part thereof 'lnder the power of eminent domain, or for any dama,...e (whether camed by such t"king or olherwise) to the premise. or the imprO\'e~nu thereon or any part thereof; such part of any such judgment, "ward or selllement, as the MortgaA't'e may elect t? be applied to the indebtedneu hereby JCcund and the bahnce thereof, if any. t() h,. reternd to the party or partiet otherwise entitled thereto. TO HAVE AND TO HOLD the above granted and descri~ premi~s to the said MOrl!,:ag~e, its successors and auigns, ro~ver, ... lb.. ..ill )1....'.1' Ii... L..rJ~} (till} ~ _ .J..l aI.... l:lt u. *~ kl\.j, .,,~ ",11 jll.".. '~I IU'U &~.iRI' ,.he lll".fut ~I.:_. ....' .Ii " If" ' L._~._.; provided alwayl that if Mortllal{Or shall pay to ~{o'tgaltee th:!! certain promiuo'1' note above described and shall perfonn all other (,O'.'enanll and condition. of said prumiuory note, and of any rt:newal, extension or moo;- fication then'of, and of thi. mortga!!e, then this mort!lage and the eltate hNeby ne't~rl .hall ce,te ~.nd ~ n"!l anrl ,"oirl Mortsagor further covenantl and a~rees with Mortgagee as foliows: 1. To pay all SUItU including intere!! sccur('d hereby when due, ,'s provided for in uid promiuory note and any renewal, nten';on or modification thereof anti in this mortrale, all such .ums to be payable in lawful monev of the Vnited Stat~s of ."merica at Mort~altee'l aforesaid prindpal office, or at such other place as Y.ortga!lee may designate in writing, 2, To pay when due, and without requiring any notice from Mortga!tCe, all taxe" ""eumenll of any type or nature I and other charges leviI'd or &SSt'ued a~ainst the premiscl hereby encumbt'red or any inlt'rr<l of M0rll/;"l;e ther~i:1. To immedi. ately pay and discharlte any claim, lien or encumbrance agaif\,lt 11Ich premises which ma~' ~ or be.ome \Ur.~rior to Ihis ~.t' PS'C and to permit no default or delinquency on any othe~ lien, encumbrance or charge al;ainst such prc;nises, ./ !. If required l.f MortgaA'ee, to also make monthly deposill with Mortl{al/;t'e. in a non-interell bearing account, tOl/;ether with and in addition to interest and principal, of a .um equal to one.twelfth of the yearly taxes and aueulT'enU which may be levied again" the premises, and (if ~ required) one-twelfth of the yearly premiums for inturance thereon, T:,c amount of such tue" JWeumentJ and premiultU, wh('n unknown, .hall be estimat,.d by Mortl(al(cc, Such deposits shall be med by MOrlga"ee to pa,. .uch taxes, assessments a.nd premiums when due. Any insuffider.ry of !Uch account to pay such rharges when rlue shali be paid by Mortgagor to Mortgagee on demand, If, by reasor. of any default by Mortgagor uncler any provision of this mort. galte, Mortgagee declares all sums secured hereby to be clue and payahle, Mort~agee may then apply any funds in said account alf~nJt the entire indebtedn.eu .~ured hereby. The enforceability of the cO'.'enanu relating to taxe_, .meumcnts and insurance premiums herein otherwise provided .hall not be afl'e<:ted except in 10 f;u as those oblill'ations have been met by complianct: with this patltlftaph, Mottpgee may from time to time at iu option waive, and after any luch waiver reimtate, any or all provisions hereof requirinA' Sl1ch deposita, by notice to MortlP;agor in writin!I. While any such waiver is '" effect Mortgagor shall pay taxes, asse'.i:lentJ &1.d ilUUrance pnmiums u herein elsewhue provided. 4, To pa,. all taxes, .tamp tax or other charge which m3Y be asses~d upon thil mortgage, or said note, or indebtedneu lecured hereby, without relP;ard to any law, Feder&! or State, heretofore or hereafter enacled, imposing payment of all or any put thereof Upoll Mortpgee, In event of er.actment of any law imposing payment of :ill or any portion of any tuch tax(', <:pon Mortsa<<ee, or the i'mderirl1f by an,. court of lut retOrt of a deci.ion that the undertaking by MOi1ga~or, aJ herein provided, to pa,. Neb tax or taxes is legall,. inoperative, then, unleu Mortga/ror ne\'crtheless payl such taxet, all sums hereby secu,cd, without an,. deduction, MaD at the option of Mon,agee become immediately due and payable, notwithstanding anything contained herein or any law heretofore or herea!ter enacted. ~. To keep the premises in.ured ~J1Jt lOll or damage by fire, windstorm or extended coverage and such other hazards aJ may be required by Mortgagee, in fonn and amounll aatiJ!aetory to, and in insurance companies appro\'ed by Mort~agee, and with aecepta.b1e mortgagee Iou payable clause. attached. Such policies. together with luch abttracu ar.d other title "vidence a. may be required by Mort<<a.A'ee, shan be delivered to and held by Mottpgee without liability, Upon foreclo.ure of tnis mortgage or other acquiaitiuD of the preniliea or any part thereof by Mortr;agee, aaid policies, abelracll and title evidence wall become the abeolu~ property of Mortgagee. e. To first obtain the writteos c~t of }dort(a<<ee, .uch consent to De ~.nted or withheld at the !Ole discretion of such WoalAfiu, belore (a) removing or demolishing any building now or hereafter erected on the jlremises, (b) altering the arr;T~- ment, deM~ or rtructural character thereof, (c) making an,. repair. which involve the removal of structural parts or the expoturc of the interior of such building to the demenu, or (d) except for domestic purpo~s, CWHinlf or removing or ;t'nnitting tb-. cutting and removal of an,. trees or timber on the premiJes. 7. To maintain preinilCl in good condition and repair, including but not limited to the makin.. of surh repairs as Mo.tgagee ma, from time to time detennine to be necessary for the preservation of the prem;SCs and to not commit ncr permit any wa.te thereof. 8. To comply with aD laWl. ordinancel, refUlation., covenanll, condition. and restrictions affecting the premises, and not to au8'er Qf: permit an,. vioLo:.km th~. t. If Mott~ failJ to pa,. an)' claim, lien or encumbrance which is ruperior to this mortgage, or, when due, any tax or __nt cw inJurance premium, or to keep the premises in repair, or shall commit v( permit waste, or if there be commenced an,. act-on or proceeclin, aft'ectlng tM premises or the title theftto, then Mortgagee, at ill option, may pay said ciai"" l~n, enrum. bnDce, tall, UMnment or premium, with right of aubroration thereunder, ma,. make .urh repairs a.nd take such steps as it deerru advisable to pre<~1)t or cure JUCb waite, and may appear in any .uch action or proceeding and retain coUT>le1 therein, and take aueh .aion theftin u ){ortpgee deems advi~bk, and for an, ot l.1,d purpotel Mortgagee n.ay advance ruch .uuu of money, iDcNdinc ail cotta, feee'and other itC1N 0; expmae N it deems nt-c8sary, Moripgee a!a11 be the sole jucige of (he legality, validity and priority 01 any JUCh claim, lien, encumbrance, tax, aueument aDd premium, and of the amour:t necesury to De paio in aaWfactioa thereof. MortPne shall not be helc! accountable for any delay In' making an,. ruch payment, ....hich dela, may NIIIIk In ...,. Rddh~onal itallaat. COft. duar... tW '"""'"'... n~ 10. MortPior will pay to Mortgagee, immediately and without demand, all sums of money advaDced by MOl"tpgee pursuant to this mortgage, together with intereRt on .acb 8uch advancement at the rate 0: Stye p~r annum, and all such sums and interest thereon &hall be secured hereby if made by Mortgagee for the account of Mortgagor bec&\Ule of Mortgagor's detault, 11. AU 5um8 of monay secured hereby shall be payable without any relief whatever from any valuation or appraisement laws. \l Q