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ST. LUCIE COUNTY. fLA.
TOOETHEJl WITH all aDd rinaulu the ~ta. hencli~ aDd ~ tbetlMl.. W.... Of III ..,...
thereunto apperu..ininS and tbe ~u, __ aDd proIU thueol, and t&IID ..u me ..... riIll. tide, ...... --' .. daiIa ....
demand whauoevn, .. wen In law .. in equity, of the ~ WdrtpSOr ill ancl. .. .... lDc.hl4iar MIl DOl -- to:
(a) All renb, profits, rewnUet, royaltiet, ri,hts aDd bmefits derived from (1) crept pOWIl OD ..w ~" ... ........
of the soil otherwise (2) oil, SM or miMral leuel of the premixt or any pan tbererl, lIOW t:dItint or'''''''''" .... ...
(::I) all other rents, itaues and profits of the premi_ from time ~ till)e aanlin,. whether InWin -- or .......- .ow uiItbII
or hereafter created; in each such C;!,le with the ri,!lt in the Nortp~. t-.tt oa}y at itl option. to ftlC:Cin &ad receipt themor
and to apply the sarn~ is) it may eled to any indebtedness IKured Ilqeby. and the WonlfalM. at its option. may cicm&Dcl. ... b
and reCOHr any such payTTlf'nts, reser....ing to the Nort!l'a!JOf, however, 10 loft' .. said WortralOl' it DOt in default 1Mreuchr. the
right to receive and retain such rents, issues and profit!.
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(b) All judgment!, awards of damAlrt and settlements hereAfter ruade as a rewlt cI or in lku of afty'tWaa of dte
premises or any put thereof under the power of eminent domain, or for any dama~ (whether cauted by .uch taltl.. or ~)
to the premi\es or the improvements thereon or any part thereof; luch part of any luch ;udsment" award or Iett1~t. .. the
Mortgagee may eleCl 10 be applied to the indebtedneaa hereby IKured and the balance the~f, if any, to be r.lM.rved to the
party or p,ulies otherwise entitled thereto. .' .
TO H:\ VE A?'JD TO HOLD the above &ranted and dtlCribed premise. to the said Mortgasee, its IUcceuon and &Dips,
forever, ,n.1 'b- 17:.1 )6'i/"'!l-S9F Ii.al III .~) ,..Ii) ......t tt.~ hIli all ...i. .u., all.. ill ...... .. .... ......\ tit. ... ofial
sI.... 1 8'5 ,1\ p"'..nn. ~\'~~'~"fr; provided alwaY' that if Mortgal{Or shall pAY to MortSa.~ that certain promillOfl' note abrw
delCri~d and sh~1l perfonn all other co\-enanlJ and conditionJ of said promissory note, and of any renewal. extImJion ~ 4iOcli-
fication t!Terror. and of this mortga~e. then this mort~age and the eslate he~by cre~te~ shaD ~ll'!e and be nul! and v;JI.
w.ort~.~~or further covenanU and a!rree. with Mort~asee u 1Qllows:
I, To pay all Stuns including interest secured hereby when due, as provided for in u.id promitlOrr note and any nmewa1.
extem:on or modification thereof anr! in this mortgage, all such ~unlS to be payable in lawful money of the United Statrt of
America at MOrlg~l(ee's aforesaid prinripal office, or at luch other place as Mortgasee may detipate in writin,.
2, To p3" when due, and wilhout requiring any notice from Mortgagee, all taxt'l, au~ntJ of any type or nature
and other charl~e! le\'ied or ;u,essed a'lainst the premises hereby encumbfored or !lny interMt of Mortg1llJ1! therein. To immedi-
atdy pa" and di,rharee ~"y claim, lien or encumbrance against luch premise. which may be or bec<>me superior to thil mort.
galle ane! to permit nO default or delinquency on any other Een, eno::umbrance or charge &pinn roch premiaea.
3. If required by Mortga'lee, to also make monthly dep:>iitJ with Mort'lall;~, in a non-interest bearing account, t~ther
with and in addition to interest and principal, of a lum equal to one-twelfth of the yearly taxes /lnd uaeuments which may be
levied a'lain't the premises, and (if 10 required) one-twelfth of the yearly premiumJ for imurance thenon, The amount of IUch
taxe!, ....\e"men!! and premiums, when unknown, shall be estimate.d by Mortg~ee, Such depotits shan be used by Mortg1lgee
to pay such tau!, a"e"ment! and pc~miums when due. Any insufficiency of ruch account \0 pay .uch char~ when due sh"t!
be paid by Mortgaeor to ~IOrl!(agee on demand. If, by reUOll of any default by Mortgagor under any provu.ion of this mort-
gage, Mort'l:J.~ee decbres all sums secured hereby to be due and pap.ble, Mortgagee may then apply any fundi in saH account
~I(aimt the entire indehledness lecured hereby. The enforceability o! the co.-'enanls relating to tUt1, &JKII!11cnts' and inroran,:e
premium I herein otherwise prO\'ic1ed shall not be affected exc~pt in so far as those ob!i~tions have ~n met by compliance with
this para'lraph, Mortga"ee may from time to time at its option waive, and after :my IUch waiver reinstate, any or all provisiona
herl"of requ;rin~ surh depo,its, by notice to Mort~agcr in writing. While any luch waiver i! in effect Mortsasor shall pay taxe.,
a!<e"mt:nts and insurance prl"miums as herein e1Sl"where provided.
4, To p:J.Y all laxes, stamp t3.:t or otl-.er charge which m:ty be asselKd upon this mortgage, or said note, or indebtednea
secur<<\ hl"reb,', without te"ard to any law, Federal or State. heretofore or herealter enacted, imposinJ{ payment of al1 or any
part thereof upon ~{C'rll/;a'lee. In ~vent of t:nactment e>f any law imposing payrm'nt of all or any portion of any luch tUrt upon
Mortl/;a"ee. or the rendering by any court of last resort of a decision that the undertakins by Mortgagor, as herein provided, to
pay such ta" or tucs i! legally inoperative, then, unless Mortga"or ne\'crthele!! paYI such taxel, a1llurns hereby secured, without
any dedurtion. shall at the option of Mortgagee become immediately due and payable, notwithnaodins anythinK cont.ined herein
or any law heretofore 01 hereafter enacted.
5, To k~p the premisl"1 insured againlt loss or damage by fire, windstorm or extended coveralJ'C .nd IUch other huards ~
may be required by Mort'la!\ee, in fonn Zond amounU satisfactory to, and in insuranl"- companies approved by Mortgagee, and with
acceptabll" mortl(al(ee 101\ payable clauses attached. Such polici~s, to!\ether with such abltracts and other title; e;videnc.e u may
be rt'quired by Mortl(uee, !hall be delivered to and held by Mort~agee without liability, Upon foreclor.ue of thil mortga,e or
other arquisition of Iht: premises or any part thereof by Mortgagee, said policie!, abstracts and title evidence Iball become the
ahsolute pr:>~rty of Mort~al/;ee,
6. To first obtain the written consent of Mortgagee, luch consent to be "ranted or withheld at the IOle disc.elion of IU<}r~
Mortl/;agee, befare (a) remo,'i,)!\ or demolishing any building no..... or hereafter erf:Cted on the premises, (b) a!tennr the UTaJW'
, ment, dt:<il(n or structural character thereof, (c) making any repairs which involve the removal of structural partJ o#fhe
,,"po,ml' of the interior of such building to the elewmts, or (d) except for domestic purpo~l, cutting or removinK or permitting
, the cUllin!\ and removal of any trees or timber on the premises.
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7, To maintain premiKs in l/;ood conditio, and repair, indudinll[ but not limited to the m<inlt of such repairs .. Mortg1lgee
may from time to time determine to be necessary for the preservation of the prem~. and to not commit nor permit any wute thenof,
8 To compl" with all laws. ordinances, regulations, cOVt:nanu. conditiom and restrictions affectins the premise., and not
to suffer or permit any violation thereof.
9, If Mortga!\or fails to pay any claim, lien or encumbrance which il luperior to this mortgage, or, when due, any tax or
a".."nlent or imur3nce premium, or to keep the premises in repair, or shall commit or permit waste, or if there be commenced
:lOy action or proceeding affectin~ the premises or the title thereto, then Mortgag~, at iu option, may pay said claim, lien, encum-
brance. tdO:;. :ase"ment or premium, with ri!\ht of subrogation thereunder, may make such repain and t<e luch Iteps as it deenu
advisable to prevent or cure such woute, and may appear in any luch action or prO<"t:eding and., rftain couJUeI therein. and tall.
such action therein as Mortga"ee deems advisable, and for any of said purpos-."S Mortga~ee may adva."lce such lums of money.
induding all cosU, fe~ and other items of e"~nse &.I it deems necessary. Mortga~ Ihall be the tole judie of the legality,
validity and priority of any !\lCh claim, lien, encumbr.nce, tax, aSle-Mment and premium, l\nd of the &mOWlt nec;cs.sary to be ~d
in satisfaction tc,ereof. Mortll:all:ee shall not be ..eld accountable for any delay in nalUns any auth pa~nt, which delay may
n-otll1t ;n "nv ;Hhiition:11 intrr..,t. co,t rh;\rg..~ or fl!'Yf'WI'nV' otherwiae. .
10. Mortgagor will pay to Mortgagee, immediately and without demand, all sums
of money advanced by Mortgagee pursuant to this mortgage, together with interest
on each such advC1:lcement at the rate of 6!% 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. All sums of money secured hereby shall be payable without any relief
whatever from any valuation or appraisement laws.
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