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Home My WebLink About1676 go~i 7 226 ST. LUCIE COUNTY, fLA. TOOITHD WiTH ... .,.i aiQ(.ular the tenementa, hereditaments and .lppurtenancea thereunto ~lonsiRl or in anywiJe ~to &J.pert&i.t\lnr and 1M repts, i..uea aDd pro6t1 the~, aDd a1ao all the estate, ri~ht, ti,tle, interelt ~n~ all claim and demand ,..ha~r, lU -0 In law AI in equity, of the lAid MortlJqor in and to the l.lme, including but not limited to: (a) All renll, pr06tt, reY\!!Ouea, roya!tiel, rilbt~ and b<<:nefiu derived from (I) crops grow~ ,01'1 lAid sec~rity and produce 0( the lOil t'therwi~ ('2) oil, 11.1 or mineral lnue. of the pee mise. or any put thereof, now eXlStmg or herem~:..r mad.... ~nd (~) aU other .-.nts, iuuel and profits of the premiae. from time to time accruing, whether under leases ~r tenancies ~.)w exutm!( or hereafter created: in each luch c.aae with the right in the ),{ortllasee, but orJy at its option, to receive and receipt therdor and to apply the ..me as it may elect to any intlebtedneu leCured hereby, and the Mortga.gee. at its option, ml)' d",manct, Hie for and r<<o~'er any such p.t.~nu, reserving to the Mortgagor, hO'Wever. 10 long al l1id Mortg.lgor il not in default hereunder. the rilbt to receive and retain wch rents, inues and pr06ta. (b) All judll1lenll, awanit of diCtn.aIft and lettleIDenu hereafter made as a result' of or in lieu of any taking oi the pcemiaca or any part there.,f under the power of eminrnt domain, or for any cam:1!{e (whethrr caused by such taking or otherwi~) to thll premi.es or the improvementl ther~n or any p..rt therrof; luch part of any such judgment.. award or settlem..nt, as rhe ),{onsasee may ",lect to be ap(llied to the indebte<lneu henby ....cured and the balance th~recr. if any, to be r..served to the part}' or p;\rties otherwite entitled thereto. 1'0 HA VB AND TO HOLD the above lTanted and deacribed premi~s to the s~id Mort!(agee, ill lucceuorJ and assiglll, fon>:Vl!r, aDd .IoA ..:~ ..{-.......t;r- lI-TI I.......,. hIlT rrr'RI.. tiiH: .. ..ill la.... allll ....11 1I.C...li Ihe ___~""'M l;owh.1 - _1.:_. ..l AU r Lr: provided alwa)'t that if Mortllal{Or shall pi\y to Mortl(at;;ee that cerl:lin promilsol')' not.. above detcribed and ahall perfonn all other CO'o'coantl and condiuolU of said promissol')' note, and of any renewal. ~xttcnsion or modi- 6cation therrof, and of thi. mc>rtla!{e. then thi. mort~age and the estatc her..by cn~!Ni shall c"~'e :\nd he null and \'oirl Mortgsgar further covenants and a@Tees with Mor:ga~ as followl: "" ~ 1. 1'0 pay all IUrns including interest lecurt'd hereby when due, as providl'd for in said promissol')' note and any renewY: ,eJttenaion or modi6cation thrre<:>f !Inn in thiJ mcrt!i::!i~, all iud', iUilLi 10 be pay:\ble in I" Niul money of 'he l'nitt'd ~tat..s of (f-merica at Mortgu;ee'l aforesaid pril'lc-ipal office, or at luch other place as Mortgagee may designate in writing, 2. To pay when due. and without requiriug any notice from Mort~a!te~. all tax..s. a"..ssm..nts of any type or nature and other charges levied or a.ue",---d against the premises hereby encumbfored or any interest of M'lrtl(age therein, To immedi- ately pay and diacharge any claim, lien or encumbrance a/l'ainst such premises which m:\y be or become superior to this mort- pse and to permit no default or delinquency on any other lien, encumbran:e or charge a<:aimt s'lch premises, ~. If !'equirffi by Mortgalee, to aoo make monthly de~its with Mort'la'lC<:. in :\ non-interell hearing account, lOll;ether with and in addition to interest and principal, of a IUm equal to one-twdfth of the yearly t:\xes and aS~lJmenll which may be levied apinot the pruniJef, and (if 10 required) one-tweUth of the yearly premiums for in.urance ther..on. The amount of such t.axe., a.uesuntnta and premiuma, wh~n unknown, Ihall be estimall'd by Morte;al!'Ct. Such deposits shall be used by Mortgagee to pay IUGh taXe8, allCasmenU and premiums when due. Any inlullkil"ney of such account to pay luch charg~s when due shall be paid by Mort~r to M~<<ee on demand. If, by reaaon of any default by Mortga~or under any provision of this mort- raRe, Mortgll<<ee d<<I~. ~!! suml aecured hereby to be due and payahle, Mertl(agee may thcn apply any funds in laid account aplnat the entire indebted nest lecured hereby. The enforceability of the covenanU relating to tau., aueumcnU and insurance premiums herein otherwise provided Ihall not be affe<:ted except in to far as tho,e obligations have been met by compliance with thit pua~ap.h. Monpgte may from time to time at ita option waive. and after any luch waiver reinstate, any or all provisiona hereof requirins such depoaiu, by notice to Mort<<aJOr in "ritinS, While any such waiver is in ~ffect Mortgagor shall pay taxel, __I\ta and insurance premiulDl AI beAin ebewhere provided. 4. To pay all taX", Itamp tax or other charge which m:1Y be allCflCd upon thil mortgage, or laid n':lte. or indebteclneu ae<:ured hereby, wilhout regard to any law, Federal or State. heretofore or hereafter ena.:led, imJlOting payment of all or any part thereof upon Mortga.gee. In event of enactment of any law imposing payml"nt of all or any portion of any such taxe. upon Mort~, or the rendering by anT court of Jaat retOrt of a decision that the undertuinl by Mortpgor, 1.1 herein provided, to pay such taX or taXea !.s lesally inoperative, thal, unlea MortpllOr ne\'crtheleu pays such tanl, alllums hereby secured, without any deduction. shall at the Ol)tion of Mortpsee become immediately due and payable, notwithstanding anything contained herein 01' allY law heretofore Ol' hernfter enacted. 5. T oJ keep the premiaee inaured .,-aiDat 10M or damace by fire, windstonn or extended coverage and luch other huards &I may be req..ired by Mortgagee, in form L'ld amounta satisfactory to, and in insurance companies approved by Mortgagee, and with ac:ccptabJe mo~ log payable clawea atta.ched. Such poUcies, to,ether with such abltracts and other title evidence as rn&} be required by Mortgl\gee. ab.u be delivered to and held by Mortpgp.c without liability. Upon foreclosure of thia mortgage or other acquiaition 01 the premi... or any put thereof by Mortgqee. said policies. abatracu and title evidence Ihall become the abeobate propertY 01 Monpgee. 6. To lint obtain the written content of Mortppe, .uch corsent to be granted or withheld :\t the IOle ducretion of such Yon,acee, before (a) removing or demolilhing any building now or hereaft..r erected on the premi~s, (b) altering the arr~- meat, deAsn or .tructural character thereof, (C) malUDf any repaira which involve the removal of structural parts.J'f the a:poaure 01 the interior of .ueb building to the elemenu, or (d) except for domestic purposes, cutting or remo\'ing or permitting ~ ~uttmr &nd remonl of ~y treu or .timber oh the premiJea. 7. To mAintain promiaea in sood COIldition and rep&ir, including but not limited to the makinR of luch repairl as Mortgagee may from time to time rletennine to be neceaaary for the pretervalion of the premise. and to not commit nor j:>Crmit any ......ste thereof. 8. To eomply with .u laWl, ordinancea, resulabona, COYeT,anu, conditions and rcstrictions affecting the premises, and ne' to IUlf er 01' permit ~1 violation theteof. ~. If ~ faiIJ to pay uy claim, li~n or encumbrance which it .uperior to this mortgage, or, when due, any tu or .-mr.at Cll' insurance premium, or to keep the ~ in rep&ir, or ahali commit or pennit waste, or U there be commenced any ac:titm 01' proceeding aRecti.nJ thr premiaes or :he title thereto, then Monsagee, at ill option, may pay said claim. lien. encum- bn.n~. tax, ..-ament 01' premium, with right of lubrorabon thereunder, may ma1te IUch repairs and take luch steps as it deenu acIvhabIe to prrteDt << ewe tuch WAIte, and may appear in any luch action or proceeding and retain coUllleI therein, and take ruch acdoe the!'eift .. ~&gee deema ...m.ble, and fOl' &Ity 01 aa.Id purpotet Mort(a<<ee m.y advance web IUmI of money, 'iec111CHtc all com, f. aDd cdsr. hama of expense u it dtenJI neceeary. Mortgqee lhall be the IOle judge of the legality, validity and ,!)rinrity 01 any rueb tlai.m. Hert, encumbn.nce, tax. auessment and prmlium, and of th~ amou.:1t necessary to be paiL in ..ua&elion d:.t'Ttof, Y:onpp. lit, "I DOt h b~1d accowttabJe for aD)' delay in ,Wing any such payment, which delay may rcavl~ in any .ddhioM! intereSt, C06t, ehupa 01' expenee othenrMe. 10. Mortpior will pay to Mortgagee, immediately and withO'.lt demand, all sums of money a,dvanced by Mortgages pursuant to this mortgage, together with interest on each suc;h advancem2nt at the rate of 610/0 per annum, snd ali such sarns and interest thereon eball be secured hereby if made by Mortgagee for the account of Mortgagor becauae ~f Mortpaor's default. . 11. AU sums of money secured hereby shall be payable without any relief whatever "rom ~)- valuatiou or appraisement laws. ' ~ ~