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Home My WebLink About1667 ;"'~!1JI"lL::,:;;::;:.:;s..;.~~~;:~~~;;;1:E~:r.~."..,~ . . . 7 217' I~t ST. LUCIE CuUNTY, flA.. . ............. - "" . ... 4. TOOETHlJl WITH aU and ainrulu the teDemeD~ ~ iwd ..,........llU ___eo luwn... oc.. ..,.... thereunto appertAinin<< ADd the rents. i..Uft aDd pIOllu chereol, aDd ~ .u daa eIta... riPt, title. in..... ... .. daia .- demand whAt.oever. 1.1 well in law AI in equity. 01 the Mid MdnpIOI' in ad eo \be ..... ...... bue .. IiIIIiIed tol (a) All renta, pro6ts, revenues. royaltia, ripu and bcne6u derived from (I) CIOpI ~ .. -.ld ~ aod pNd_ of the lOil otherwite (2) oil, ,.. 01' mineral '- of the ~rel!lbq 01' any JI&It thereof, DOW aNtI., 07 ........,. .... ... (~) all other rents. iuuea and pro6u of ilie ~ from time tii tilDe acc,w.lll. whether mwSer.... or ......a. IIOW.... or hereaher created: in each luch c.aae with the richt in the Wo~. but oM,. at Ita optioII. to recetw ~ ~ drIereior and to apply the ~ &I it may elect to an, i:ndebt(~ aeaared hereb,. aDd &be Wortppe, at Ita ~ lIIlly ck~_ for' And reCOHr any such payments, reaervinl to the Mortgqor, however, .., Ion& M a.aid Mon,acor II ~ in ddault ......UDder. \be rilht to receive and retain luch rents, illuea and pro6ts. I( I (b) All jud~entl, awardl d d~ and acttlementa hereafter made &I a raWt 01 01' in lieu of aay takinc of the premises or any part thereof und..r the power of eminent donaln, or for any -d~ (whether cawed by .uch t&kinc or othuwite) to the pr..mi.es or th.. improHmenlJ thereon or any part thereof; luch part of any luch judgment. award 01' eettJe1"lent, &I the Mortl(al(t'e may elect to be applit'd to the inc!ebtednell he~eby IeCUred and the balance thereof, if any, to b:: 1'ftC~ to the party or parties otherwi~ entitled thereto. TO HAVE AND TO HOLD the above rranted and d~ribed ;"miors to the said Mort~alee, iu IUCCCeIOn and asaips, (or~\"~r) ~ ,1IT ,...=~ )(Qr.8~W"'. ,I",... 1lI9..t'~r ''''Ir . I'M'MRl It. ittl. .. ..ill .......... ill ~..uul ,It. M'MM' ...iRIt ... ~ rhim. nr ,II pa..~n. -.i.~RU'iV II'; provided always that if MOMltaR01 Ihali P^y to Mort!~ that ~eMain protnistol'Y note aboYe de,..ritx~ and shall perform all other covenantl and conditior.. of uid promiPOr,' note, and 01 UI}' renewal, c:r.temioe 01' DIiOdi. fication ther..of. and of t"is mortgage. then this mortgale and the estate hereby cre!\te<i shalt C'ell!le IInd be null and void. Mortgagor furthcr cov..nants and a~ with Mortgagee as folloW1: I, To pav all sums including interen aecured hereby when due, III provided for in laid promiuory AQte and any rene4l. cxtemion or modification thereof and in this mortg3.le, all such IUnu to be payable in lawful rt10ftey of the United Statu'tf America at Mortgagce's a(OIeuid principal office, or at luch other place ~ Mortgagee may detipulte in writiq. C, 2. To pay when due, and without requiring any notiCll from Mortga~e, all tues. a.uessments of any type or nature and oth..r char!'(cs levicd or as.'e~st'd all;ain.t thc premi~1 hereby encumbered or any internt of Mortgale therein. To immedl. ately pay and di,charl(e any claim, lien or encumbrance against surh premisel which may be or herome superior to thi. mort. gage and to permit r.o ddalllt or delinquency on any other lien, encumbranre or char1!'e against luch premilel. 3, If reyuilco by Mortgagee, to al~ make monthly deposits with Mortl(a/(ec, in a non-interett bearinl accoullt, to<<etJ\er' with and in addition to interest and principal, of a sum C>jual to one.twelfth of the yearly taxes and asaeamenU which may be Icvied all;ain't thc prcmi~s. and (ii 10 required) one-twelfth of the yearly premiunu for inmrance thereon. The amount of IUch taus, 'mc"m~nts and premium!, when unknown, Ihall be estimatr-d by Mortgalltee. Such deposiu shall be used by Mortpgee to pay mch taxes, a"eslmcnts and p~miums when due. Any insufficiency of such arcount to pay such charges when due ahail tx paid by Mort~agor to Mortl(all;ee on demand. H, by reason of any default by Mortlagor under any provision of this marl. ll;"-!t~. MOrl,p-ll;ce dedarcs all 'urns ,ermed hereby to be due and payahle, Mortgagee may then apply any fundi L'l laid account a<;ainst thc entire indebtcdn.... !ccUI'ed hereby. The enforccability of the cO','enanU relating to tax~, aueumenU and iMurance p,-.,miuml hcr..in othcrwise provicled shall not be affecled except in so far as those obligations have been met by compliance with this parall'raph. Mortgag..e may from tim~ to time al ill option waive. and aher any IUch waiver reinstate, any or all provisioru h..r..of requirinll' turh deposits, by no lice 10 Mortgagor in writin~. While any such waiver i, in rifect Mortgasor thall pay taxel, ;"sessmcnt~ and imur:lOce premiums as he....:in elsewhere provided. 1. To pay all tax:"" stamp tax or other charge which m,y ()e aSleIKd upon thil mortgage, or said note, or ;nde'bte<'n~ ~rured hercbv, without regard to any law, Federal or State. heretofore or hereafter enacted, imposing payment of all or any part thcrcof upon Mcrtgall;ec. In evcnt of enactment of any law imposing paymcnt of all or any portion of any luch.taxAs IipOI'l Mortgal(ce. or thc r..nderinl( by ar.y court of last resort of a decision that the undertaking by Mortgagor, as herein prov;-ded, to par such tax or taxes is I..gally ino~rative, then, unlelJ Mortga!!,or n..,'ertheless pays luch tUel, all SUmJ hereby IIecured, without any deduction, .hall at the option of Mortgagee become im.!nedialcly due and payable, notwitlu'anding anything contained herein or any law hereto(o,-., or hercaftcr enacted. 5. To keep the premisN insured againat Iou or damage by fire, windllonn or extended CO\'e1"ag!! IInd luch other hazards &I may be rcquired by Mortl(a"ee, in form and amounlJ latilfactory to, and in insurance companiel approved by Mortgagee, and with acceptable mortll'al(ee lOll payable clause. attached. Such policies, top;ether with lurh abstracts and other title evidence &I may be required by Mortgal1(e, shall be delivered to and held by Mortgasee without liability. Upon foreciolUre of thu mortpge or other acquisition of the premi~1 or any part thereof by Mortgagee, aaid J.>Olicies, abttracu and title evidence thall ~ the absolute property of Mortl(agee, 6. To first obtain the written consent of MOMgagee, IUch coruent to be grant..d or withheld at the sole diu:retion of luch Mortgagee, before fa) ~emovin" or demolishinl any building now or hcreaher erected on the premises, (b) alterin<< the alTaCle- ment, de,ill;':'} or structural character thereof, (c) making any repairs which involve the reDlO'-'al of Itructural paf1l or '!he ) expmurr of the intcrior of sech building to the clements, or (d) cxcept for domestic PUrpoJi'I, cutting or removing or pennit~)B' ) th.. cuttinl( and remoral of any trecs or timber on the premi$es. 7. To maintain premi~~ in l(ood c?ndition and repair, including but not limited to the maktnll' of surh rep3in u Moroluee mo.}' from time to time d..tcrmine to be necessary for the preservOltion of the pr"milel and to not commit nor pennit any wute .thereof. a, To comply with ill' laws. ordinanr.... regulations. covenant., conditions and I'Cllriction. affeclinl the premiK;,. and not to suff..r or permit any violalion thereof. 9. If Mortgagor faih to pay any claim, lien or encumbrAnce which is superior to this moMgage, or, wh~n due, any tax or assessment or insura'1ce pr..mium. or to keep the premises in repair, or thall commit or permit wut'i or if there be tOmmenced any action or proceeding affectinll' th.. premis... or thc titlc thereto, then Mortgagee, at its option, may pay ...id daim, r~n, encum- brancc. tax. assessment or prcmium, with right of subrogation thereur.der, may make luch repain and take luch ste~ as it de<:!!''' advis..blc to prcvrnt or cure such wa.ste, and may appear in any such action or proceeclinr and rrtain COUJUeI !herem, and take such 3ction th..r..in as MOrlgal<ee deems adrilable, and for .ny of laid purposes Mortga~e may advance mch Iwns of money, including alI costs, fces and other items of expense as it deems necessary. MOMifagee lhan be the aole judl1! of the kplity, validity and priority of any such daim, lien, encumbrance, tax, assessment and premium, and of the amount neceanry to be paid in satisfaction thHeof. Mnrtl<al\'ee shall I'!ot be held accountab;e for any ~e!:y in makin<< any sucb payment, wbicls delay may result in any additional interest, cost, rhars-es or eX't>Cnse otherwiae. 10. Mortgagor will pC:iy to Mortgagee. 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 ~um8 and intere5t thereon shall be secured he!"eby if made by Mortgagee for the account of Mortgagor because of Mortgagor's default. 11. All sums of money sp.t:ured hereby shall be payable without any relief whatever from any valuation or appraiaeme:1t laws.