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Home My WebLink About1670 ib~i 7 220 ST. LUCIE COUNTY, rLA. TOOBTHU WITH JJI and ain.u1ar the tenements, hereditaments and appurtenanrel thereunto belonging or in an)wUe dlefCWlllO apper1Aininl and the renta. iN,oes and profiu u.ereo(, and abc all the estate, right, titl~, inler~st and all clai;n and demand whAtaocver, AI weD in Law u in equity, of the said Mortl&gor in ..no to the same, ;ncludine: but not limited to: t (a) All rents, pro6U, reven~., royaltiet, rights and ben~filJ derived from (I) cropt grown on aaid security anti produl'e of the lOij otherwite (2) oil, ,.. or mineral k:uet of the premises or any part thereo!, now exiHing or her..ina!t..r made, and (~) ail oth~r rent.. iuue. and profiu of ~ pl'ClrJICt (rom time'" time accruing, whether .under leasel or tenanci~s now exiHing or hereafter created; in each auch C&III with the rilht in the MvrtRalfCe, but only at its option, 10 receive and r..c..ipt lhudur Uld to apply the same as it mal elect to any indebtedneu aecured hereby, and the ~{ortgagee, at its option, may d..mand, lue for and reCOHr any luch paymenu, re-.:rviD, to the Mortgagor, however, 10 long as said Mortgagor is not in default hereunder, the righ: to receive and retain luch renu. iNuea and profiu. (b) All judgmena, awardl o( damases and tettlemenu htreafter made as , result of or in lieu of any takinl( of the premilCt or any part thereof undtr the power o( eminent domain, or for any dam:ll(e (wh..th..r caused by surh takinl( or oth..cwiS<') to the premi~s or the Improvrmenu thereon or any part thcrfof; such part C'f any such judl(m~nt, award or s~ttkm..nt. 'H the Mortgagee may elect to be applied to the indebtednesa hereby secured and the balance thereof. if an)', 10 be r..s..ryt'd to ~ par11" or partiel otberwise entitled thereto. TO HAVE AND TO HOLt> the above grantt'd and delCribed pr..mises to th~ ..,id Mortp:al(.'c, its .urc~uors and assigns, fore\'t'r. DR" Yl.f:sI ..II IIIJt,... II... lU~I~f hell} n_nh..l Ll.,;; l;ll.. Iv "1IL~d IDlu...l, "lid ....;11 d...f"lni ltn_ ;UUI.'- A!: ";II;1l lL~ lunCut ~I~;- _I all fT"'-1 . -'1T""l TI If( providM always that if }.{ortgu:or shall pay to ~{orll1pl(ee Ihat r"nain promissory note aLove deteri~ and ahaU pcrfonn all other covenants and oonditiona of said promissory note. and of any renewal, e"t..nsion or modi- iication therl'Of. and o( Ihil mortg~~. th~n thi. mortgage and the estate her~by rn~~t..rl ,hall r~"~ :lnd k null and void Morlgagor further covenanU and agrees with Mortgagee as follow!: L To PAY all IUrns including interest securt'd hereby when due, as providrd for in !aid promissory not.. and 'ny r..newal, utension or modification thereof ann in this mortgage, all such lum. to be payable in lawlul mon..v of th.. l'n;!,''\ Statt's of ,. merica at Mort~al(ee's afore.aid principal office, or at luch other place as MOrlgag~~ may de.ignat~ in writin~, ,I 2. To pa)' when due, and without requiring any notice from Mon<:"r,~e, all lax.... :l"~ssmt'nh of any Iy~ or ')~e and other charges levied or lUSelserl against the premiseJ hereby 'encumbr-red or an)' intac.t of M0rtl(.H:.. therei:1, To :,f.medi- ~~tely pay and discharge allY claim, lien or encumbrance against IlIrh premise. whirh may be or br-rome ,u~rior 10 this morl- pee and to permit no default or delinquency on any other lien, ~ncumbranre or charge agaimt such premis~s, 3, If required by Mortgasee, to also make monthly dep:>siu with MOrll(al(cc. in a non-inler~st hear;nl( arcount, 10l(ether with and in addition to interest and principal, of a lum equal to one-Iw..lfth G: th~ yearly tax~l and a.seuments which may be levied again..t u,e premiJe!, Ilnd (if 10 rlequired) one-twelfth o~ the yearly premiuml for in'urance th~reon, The amount of ,uch taxes, utesamenu and premiums, when unknown, Ihall be estimat..J by Mortgagee. Such depo.iu shall be us~d by Morlga~ee to pay lucll taxet, auesmu'n~ and premiums when due. ,...ny insuffic:iency o( lUch arcount to pay such rt,arg... when Ju~ Ihall be paid by Mortgagor to Mortgagee on demand, If, by reaton o( any default by Mortgagor under any provision of this mort- Ita~, Mortgagee declares a!1 sums leCured hereby to be due and payable, Mortll;agee may lh~n apply any funds in said account lI,airut the entire indebtedness secured hereby. The enforcubility o( the covenanU relating to la"el, au~"mrnlJ and insurance premiuml herein otherwise provided Ihall not be affectt'd except in 10 far aJ those obligations have been met by romplianre with this par&JI'llph. Mortgagee may (rom Lime to time at ita optic.n waive. and after any luch waivcr rcinstat~. any or all provisionl hereof requiring such deposits, by notice to Mortgasor in WTiting, While any such waiver i. in ~ffect Mortgagor shall pay taxes. useumenU and insurance prenUunu u herein elsewhere provid~. 4, To ~Y' aU taxet, stamp tax or other charge which ID:1Y be aJlelled upon this mort~ge, or laid note, or indebtedncu secured hereby, without regard to any law, Federal or State. heretofore o. hereafter ~narted, imposing payment of all or any part theleof upon Mortlagee. In event of enactment o( any Law imposing payment of all or any portion of any surh lax..s upon Mort.asee, or the renderinll by any court o( Ian resort of a decision that the undertaking by Mortgagor, as herein provid~d, to pay luch tax or taxet is legally inoperative, then, unless MortlaJror neverthel~SI pays such taxes, all sums hereby s~cured. without an,. deduction, Ulan at the option of MortPlft bei:ome immediately due and payable, notwithstanding anything contained herein or any law heretolore or hereafter enacted. ~. To keep the premises insured againat lou or d~ by fire, windltc:-m or extended coverage and luch other hazards u may be required b, Mortgllsee. i~ (orm and lUD!>unta ptisfactory to, and in inaurance com?ani~s approv~d by Mortgagee, and with uceptabk mortpree Iou payable clawes attached. Such rolicies, together with luch abstr:;.cts and other title evidence as may be required by Mort:fll!ee, shaD be delivered to and held by Mortp.gee without liability. Upon foredolure of this mortgage or otW aequia;tiofJ of the premilel or any part thereof by Mort!~, pid policies, abatucU and title evidence shall ~come the al>>olute property of MOf'tIagee. S. To I..t obtain the written conaent o( Mo~, such con~nt to be ~ranted or withht'ld at the IOle discretion of such Nort<<a<<ee. before (a, removinll or dernolishil'1l any building now or hereafter erected on the premi~s, (b) altering the arran~. ment, deIi!lJl or structural character thereof. (c) making any repail'l which im..olve the removal of structural parh <yo"fJre elt"',JOCUre of the interior of auch build ins to the clemenu, or (d) CAcept f"r domestic pUrpoi~I, cutting or remo\'ing or palfnitting the cuttirlr and removal of any treea or timber on the premises. 7. To maintain premilel in sood c~ition L"'ld repair, including but not limited to the makin~ of surh repairs as Mortgagee mall' from time to time detenn.ine to be neceuary for the preservation o( the premiJel' and to not commit nor permit any waste thereof, .. To ClOITIp!y with .u LaWl, ordinADCet, resulations, \:oven&nU, conditions and restrictions affecting the premi~s, and not to der 01' pennJt any violatioD tMreof. 9. If WOI1fl1CW faib to pay allY daim, }ieft or encumbranc:41 which it luperior to this mortgag~, or, when due, any tax or .-nentor inturana! premium, or to keep the premises in repair. or ahall commit or permit waste. or if there be commenced any ac~.or proceedinr afrectU;S the- premilel or the title thereto, then Mortpsee, At its option, may pay laid claim, lien, enrum- bran~l tax, UMIImeat (!t pnmium, willt ",Jst of lubroguion the"-"lnder, may make sU('h repain /lnd take luch steps as it deems advisable to Jlf't'Veat or cvre RXh waate. aad may appea~ in any such action or procecdin! llnd ntail'. couruel therein, and take IUCh action theon-in at Wortp<<ee deema advisable, and for any of said purpotel Mortgagee may advance such IUrns o( money, iDclildi.nr aU co.... (ta And other items of expense as it deems ne-ceasal,.. Mortp~ ahall be the IOle judge o( the leglllity, validity and piotity of My such claim, 1i~, encumbrance, Wt, auessment and premium, IlnO c>f the amount neceuary to be paid ill atWac.tlon thueof. )lortppe 8h.iO not be held acc.oun~IlMe for any delay in' makin, any luch payment, ".-hich delay ma,. .-aJt in allY ~ ill.... CGt, clurv.c or e.pcMe otherwiIe. 10. Mortgagor will pay to Mortgag\,)e, immediately and without demar.d, all sums of .~ advanced by Morti&,ee p:urE~ to ibis mortclLae, together with interest on ea-ca r.ueh advancement at the rate of 6t~ per annum, ri.nd all duch Bums and hrterest thereon shall be secured hereby if made by Mortgagee for the account of Mortgagor becauaeof Mortgagor's default. 11. All aums of money secured hereby shall be payable without any relief whate..er from any vahw.tion or appraisement laws. ~ ~