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Home My WebLink About1652 .... ...... ... .....,L:.. , ~ .." .- . ~.:;,.;' ~,,~...~~.."''O..'" ......~... ~~...",.: ...::,: ,- -~"""""'_'" ,""':""."". - .. ~- ~.. \.... I' ..... , 17... . ~===-........- -_.._-~--~----- - ...._..~...- ib~t 7 202 ST. LUCIE couun. flAt ,.# "., .. ....: . t '. ~. .' , n'llfJ - - . .' III \ 1/ 't' TQOEmn WiTH aD aod aincuW the teoeJDentl. herediu.menll IJlJ appurtenances thereunto belongi!\! or in anywiJe tbereunlo appertAiDial and the rcnu. iMuet and pro6t1 the~f. and alto all .he esute, right, title. interest and all daim and dcma.nd wha~. .. wen ia law u ia equity. of thl! lAid Mortgagor in and to the I~. including but not limited to: (a) AU renll. profill, ~nues, ruyalties, ri&ht. and benefitl d~ri\-ffi from (1) crops rrown on said lecurity and produce of the lOil otherwlle (2\ oil, gu 01 mineral kaJeI of the premilel Of any part thefeo!, now ell:sting or hereinafter mad... and (5) all other renll, iuuel and profill of the pretnitea from lime to time accruing, whether under It ~I or tenanciel now c..isting or hereaft~r created; in each luch cue with the right in the MortRagn. but only at iu option, to receive and reaipt therefor aod 10 apply :he same as it may elect to any indebt;:dncaa secured hereby, .rnd the Mortgagee, at iu option, may dem~nd, lue for and re<:over any such paymenu, rete,,'in/! to the Mortgagor, howf'\'er, 10 long a; laid M"rtgagor il not in default hereunder, the riaht to receive and retain luch rentl, illues an:i profiu. (b) All judgments, awards of dama&el ar.d scttlemenll hHufter made al a relUlt of or in lieu of any taking of the oremi_ or any part thereof under the power oi eminl"nt domain, or for any dam:l,!e (whether cauled by such taking or otherwile) to the pnmi.ses or the improvemenU thereon or any part thcrl"Of; such part of any lOch judgment,. award or lettlement, a1 the Mortg~ may elKt to be applied to the indebtedneu hereby fecured and the balance thereof, if any, to be relerved to the party or parties otherwite entitled thereto, TO HAVE AND TO HOLD the above KfAnted and deKribed pt'emi\t's to the I~id Mortgagee, its lucceUOrl and auignl, forever, ul cl~:~ ^r ~t1 p....^". ~h^~.___; provi<led alwaY' that if Mortga~r Ihall pay to ~(ortgJ.!tee that certain promiuory note above , detCribed and .hall perfonn all other ccvtn&J\U &:ld conditions of said promissory note, and of any renl"wal, extenlion or mod;- fication therl"Of. and of this Il'\urtgage. then thil mortllage and the e.tate htreby rre~terl .hall C"'I" and he null and void, Mortgagor further ct)vl"nants and a~ees with Mortgagee as follows: L To pay all .ums including interest sccu"d hereb)' ""hen due, as provided for in said promissory note and any renewa(. extension or r.>odifi::ation thereof anti it this mortgage, all such .unu to be payable in lawful monel of the Unitl"d ~tat(,1 cJ America at Mort!{:\l(te'S aforel3,id principal office, or at luch other place :u Mortgagee may de.ignate in writing, J, 2. To pay when due, and without reqUlnng any notice from Mortga~e. all taxes, a"l"uments of any type or nature and otber charp;eI levied or ~ agairut the premiRI hereby encumbt-red or any intere.t of M'lrtl1;age therein, To imme-di- atety pay and diKharge any claim, lien or encumbrance a~nst sllch prerniles which m"-y be or become superior to this mort, POse and to permit no ddault or delinquency on any other iien, encumbrance or ch:u~e againtt such premises, S, If requind Or Mortgagee, to aho make monthty" de~iu with Mortgag~. in a non.interest ~aring account, together with and in addition to interest and principal, of a lum equal to one.twelfth of the yearly taxes and auruments which may be levieJ again't the pre~, and (if 10 required) one-tweUth of .the yearly premillms for in'crance thert'on. The amount of such tues. asseumentl and premiums, when unlmown, shall be estiltUlt..d by Mortl(agee. Such deposiu shall be used by Mortgagee to pay luch tues, assessment: IUld premiums when due. Any insufficiency of such account to pay .uch charges when due Ihall be paid by Mortg&lOr to Mortg&<<ft on demand. If, by reaJOn of any default by Mortgagor under any pro,'ision of this mort. ~. Nortll.,ec declara aU IUms secured hereby to be due and payable, Mortgagee may then apply any fundi in said account IIKL:-ut the enUre indebtedneJll secured hereby. The enforceability of the cove~anU relating to taJle~, assclS.nenU and insurance premium I herein t:(llerwise provided shall not be aftKted t'Xcep' in 10 far a. thOle oblil(ations have been met by compliance with this panttrtph. Mortpgee may from time to time at ill option waive. and after any luch waiver rein nate, any or all provisions hereof requiring luch depositl, by notice to Mortgagor in writing. While any luch waiver is in effect Mortgagor Ihall pay taxes, ~ts and insurance premiums :u hereh: ebewhere provided. 4. To pay all taut, It&nlp tax or other charge which m~y be assessed upon this mort~age, ~r said note, or indebtedneu seeu~ hereby. without f'e1t&rd to any law. Federal or Statl!. heretofore or hereafler enacted, imposin!" paym~nt of :\!1 or any part thereof upon Mt\rtpgee. In ewnt of enactment of any l'lw imposing paymt'nt of all Of any portion of any .uch taxes upon Mortgagee, or the rendering by any court of last resort of a decision that the undertaking by Mortgagor, as herein provided, to par IUch tax or taxeI is lep.lly inoperative. then, \loleta Mortgagor nf,'crtheless paYI such taxes, all sums hereby lecured, without any deduction. shall at the option of Mortpaee become immediately due and payable. notwithstanding anythin@' contained herein or any law heretofore or hereaftu enacted. ~, To keep the prerru.e. insured apiDJt kla or damqe by fire. windltorm or extended coverage and such other hazard, as may be required by Mortgagee, in form and amounts satisfactory to. and in imurance companies approved by Mortgagee, and with acceptable mortI&pe loa payable clauses attached, Such policies, together with such abstractl and other title evidence as may be ~ired by ),lortpgee. shall be delivered to and b.dd by Mortp.gee without liability. Upon foreclosure of this mortgage or other acquiaition of the premiaet or any part thereof by Mortgagee. said policies, abltraell and title evidence shall become the ablotute property 01 Mortgagee. 6. To fint obtain the wrinen conaent of Wortcagee. IUch consent to be granted or withlteld 3t the lOll" discretion of IUch No~ before (a) removi", or demou.hinl any buiJding now or hr'ffafter erected on th~ premises, (b) altering the artanr' ment. dmSJ1 ('r Itructw'al character thereof, (c) malting any repairs which involve the removal of Itructural putl or 'le uposure of the iaterior of such buildi", to the dementi, or (d) CIlcept for dorr.estic purpose-s. cutting or removing or permitting the cutting and removal of any trea or timber on the premiles. ~ 7, To maintain premi_ in good coodition and ~. including but not limit~ to the maltinl{ of luch rep:lin as Mortgagee may from time to time determine to be neeeaary for the preservation of the premisel and to not commit nor pennit any waste therwf, 8, To 1:Omp!y with all laws, ordinances. re&u:ationa, covenanll, conditionl and restrictions affecting the premiles, and not to lUffer or penalt ...y violation th:noI. 9, If Nortlaaw falli to pay any claim. lien or encumbrance which is luperior to this mortgage, or, when due. any U.x or .-nent or buuflUKe premium, or to ke..." the premaea in repair. or shall commit or permit waste, or if there be commenced t.Dy adioa CIC' proceedint afreeM\1 tM pre,n:.es or the title thento, then Mortg~, at itl option, may pay said claim, lien, en cum. braDee. tu, ....-ent 01' premi~. with riPt of .ubroIation thereUDder. 111&1' make luch repain and take IUch Iteps u it deema adWAbIe to ~, Ot cure Ndl wute, and may appear in DY luch action 0; proceedins and retain lXl\liUel therein. and take NCh action therein at ~gqee deemI adviAabJr., and for any of ..x: ~ Mor<P8te may adnnce auc.h luml of mon'!'f, iIldudinl an coot., leee and o(~ itelnl of. upeNe .. it d.,.. c.<<asuy. Mortpcee shaD be the IOIe judge of the legality, niidity and priority 01 any JUch claim, lien, encumbralllee. tax, asaeument ahCl p!'tIDiWD, and of t.he unount ner...elUool' to be paid iD u,eitfactlQQ tbveal. MortpII!Ie San not lit hf.Jd IlC(lOUOtaNe foq ;lay deJay Ir.. makiaI any auch payment, which delay may reIUIt in DY II>dditioaal 1ntn\>ft, axt, dwwa or ~ vdau..., 10.. Mortgagor will pay to Mortgagee. immediately and without demand, all sums of money aQ~"anced by Mortpaee pursuant to this morteage, together with interest ?D each 8uch adnncement at the rate of 6110 per annum. and all such sums and lnterest thereon shall be secured hereby if made by Mortgagee for the account of Mortgago;:, because of Mortgae;or's default. 11. All sums of money 8ec\U"ed hereby shall be payable without any relief wbatf!ver from a.ny '7aluation or appraisement laws. <, <J {J