The URL can be used to link to this page

Home My WebLink About1679 Ib!i 7 229 ST. lUtlE COlnjTT, FLA_ TOGJtTIlEA WITH ad aDd IiDplv daa _"'n;;;~~~-;;d ~ .....eo "., ar ia..,.... thereunto appertAinin. and the ftDII, iIeues .... ~.. thenoI. and &110 aD the ...... dill.. Ii" ..... 8M all daia ... demand wha~, N weD ill law .. in equity, of the -.!d WCIrtpFr in aaad 10 the ..... IatlIIIiiDt .. .. ..... lit, (a) All rents, pro6u, revenues, royaltiK, riJbta and bunefita derived (toeD (I) crope PO" OR .w llllQUity I.Dd pI'OChacI of the lOil otberwiae (2) oil, pi or r&Mral -- of the p~ 01' any part dMreoI. _ adItiaa or ~. 1 1'w......... (5) all other renU, iJlues and profiu of the premU. ftoCD time 10 dme KlmIillf. whedaw MC&er ...... 01' - -del........ or hereaher creAted; in each IUch CalC with the ricl&t ill the Wottppe, but oa}y at la opdoe. eo receift aa.t ftlOIipt tIMnIOI' and l<> apply the u.me u it may t'lect to any ~ aecwed hereby, anct the Nonp,.e. at ....-. may daDud~ Nt few and reco\er any Iuch payments, reJel'illl to tAe Mortpeor, however, Il(\ Iona u eaicI WortpFT II DOt iR default MnuIIder, the right to receive and retain 111:h rents, i~uea and profits. (b) ...11 judgments, awards of damqa and IetUcmcnta hereafter made &I a reault of or in lieu 01 aDJ tak.iDc of the premi~1 or any p.1rt thereof under the power of eminent dnmain, or for aDY dam&lll (whether c:ausect by lid takiDc or o<<berwiIe) to the premi.es or the improvements thereon or any part thereof i Illch part of any JUch jud,."'lDellt" a....ard 01' wtt~t. &I the MortgaRee may elect to be applied to the indebteOneaJ hereby IeCUred and the ba1ar.ce thereof, if any. eo be __.-eel to me p;.<rty or parties othenoi~ entitled there<<>. - . TO HAVE AND TO HOLD the above J1'&nted and deKfibed premilet to the said Mortgasee, iu JUCCe8IOn and aaUp, fore\'~t, 1Dd .\.._ ....:>'41 ....I_..'<<...~1P ...l~.. "-__...., r..1I., _a._ft.. t'h..... ,:.1..... ,- ...~ ,..~, .s,,'" ....:tt ..a_I..~ .\... ---- .~:.-.. ..~... I. ~ , rb;~- ~r ~I' """AI hlluue.u; provided alwaY' that if Mortgu;or shall pAY to Mort(a<<ee that certain promiuofl- DOte above described and shall perForm all other C'O\'enanu and conditioru of ,said promiuory ~e, anti of an., renewal, extenIion or modi- fication thereof. and of t~i! mort~;age. then tilis mortga<<e and the estate hereby cre:>!!!'''' ,hall ('elite and be nuH and "*. MOrl,.~~or further covenants and a~eel with Mortgil!t-e u followl: . ,. , .,.,p , I. To pay "U !tuns including interest lecurt'd hereby when Que, llJ provided for in said promluory note and any ~. J extemion or modification thtreof anrl in this mortla~, all IUch JUma to be payable in lawful moncy of the United Statea of \ ."merka at MOrlo:~,.ee'! afores.,jd prinripal office, or at luch other place &I Mortgssee may desil1'ate in wri..q, 2, To pay when due, and without requiring any notice from Mortga~e, all tUet, a~nts of any tYPe or nature and other char<;es levied or u.eued against the premiaes hereby encumbfored or any interen of Mortgage therein, To immedi- ately pay :\old di.charge any claim, lien or encumbrance alainst sllch premi~s whkh may be or become superior to this mort- g>1~ and to permit no default or delinquency on any other lien, encombranc-e or charge aB'ainst IUCh premiteI. 3, If requirt'd by Mortgagee, to also make I'I'Onthly dep:>aiu with Mort~a!!ee, in a non-interest bearinB' account, ~ with and in addition to interl'Sl and principal, of a sum equal to one-twelfth of the yearly taxa and ~nta which maJ be levied againH the premiSt's, and (if 10 required) one-t...elfth of the yearly premium. for imurance thereon. The amount of .uch taxes, as~ssmrnts and premiurnJ, when unknown, Ihall be estimat"d by Mortgaltee. Such deposita shaU be ~ by Mortsa<<ee to pay !uch taxes, asscssml'nts and premiums when due. Any insu~r.iency of Nch account to pay ...Kh cha~ when due abaJl be paid by Mortgagor to M">rtgagee on demand. If, by reaiOl\ of any deiault by Mortp~r under any provision of this mon- ga'il', Mortl(agee declares all mms secured hereby to be due and payable, Mortgagee may then apply any fund. in eaicI account ~gaimt the entire indrbtedness !erured hereby. The enforceability of the covenanU relating to ~, aueamenta and in.urance premium I herein othl'l'wi~ provicled Ihall not be affected exCt'pt in 10 far as thOle obligation. have been met by compliance with this para'{raph Mort~a~ee may horn time to time at its option waive, and after any IUch waiver reinstate, any or all proviaiona hereof requiring such deposits, by n;>:ice to Mortgasor in writin~, While any luch waiver is in effect Mortp,lOr ahall pay tu.ea, asseurr.ents and insurancl' premiums 3. :-:erein elsewhere provided, 4, To pay all taxes, s"mp tax or other charge which mlY be a_ued upon this mortpge, or said note, or indebtednea ",cured hereby, wit~out rl"'iard to any law, Federal or State. heretofore or hereafter enacted, imposinl payment of all or any part thereof upon Mort=l'agee, In evt~.~ of enactment of any law imposing payment of all or any portion of any IUch taxeI upon !,.{ortga'iee, or the renrlerinoz: by any court of lut resort of a decision that the undertuinl by Mortgasor, &I herein provided, to pay such tax nr ta'O(cs i. le!{ally inoperative, then, unleu Mortga!lor ne\'crtheleu p3Y' .uch t~, all luma hereby lecured, without any dedur:tion, sh.11l at the option of Mortlagee become immediately due and payable, notwithstanding anythinl contained herein or any law heretofore or hereaftl"r enacted. I , \ 5. To keep the premise. insur~d againat Iou or damage by fire, windJtonn or extended coverage and luch other hazards &I may be required by MOrl'i~l(ee, in fonn and amounU latisfa~tory to, and in inNrance companies approved by Mortgagee, and with acceptable mort'ia~~e 10.. payahle clau~s attached. Such policies, together with luch abltracU and other title evidence &I may be required by M'lrt!{aere, .hall be delivered to and held by Mortgagee without liability. Upon foreclosure of this mort(qC or other acquisition of the premi~s or any part thereof by Mortgagee, said policie!, abstracu and title evidence -hall become the absolutl' property of Mortl{a'l'ee, ' 6, To fint obtain the written consent vf Mortgagee, IUch consent to be !l'ranted or 'Withheld :\1 the IOle discretion oj IUch Mort!l'a!l'e~. before (a) remo\'ing or demolishing any buildinr now or hereafter erected on the premises, (b) alterinl th~ arr~' ment, de.i'in or structural character thereof, (c) making any repail'J which involve the removal of Itructural pa",~ the expmure of the interior of such building to the elements, or (d) cxcept for domestic pu~po~s. cutting or remo\'ing or pt~tting the cutting and removal of any trees or timber on the premi~, 7. To maintain premi~s in good condition and repair, including but not limited to the makinlt of sl'rh repain u Mortpgee may from time to tin" determine to be neassary for the preservation of the prtmiaes and to not commit not pennit an}' waste thereof. B, To comply with all laws. ordinances. regulation., covenants. conditions and rcstriction. affectinl the premise!, and not to suffer or permit any violation thereof. 9, If MOrll(agor fails to p.1y any claim, lien or encumbuoce which il superior to thia mortgale, or, when due, any to: or as~SJment 0: insurance premium. or to keep the premiael in repcir, or shall commit or permit waste, 01' if there be commenced :my action or proceedinl( affectinl( the premise. or the titll' thereto, then Mortgagee, at its option, may pay said claim, lien, encum- brance. tax. as.seS!mrnt or premium, with right of subrogation thereunder, may mAke :.urh repain IInd take IUch step' u it deema advisable to prevent or cure such waste, and may appear in any such action or vro<'eedil'~ Uld relain OOUDJeI tIlerein, and take such action therein as Mortgal(ee deems advisable, and for any of said purposet M.ortlagee may advance sw:h .1lIN of money, including all cosl!, fees and other it..ms of eXJX:nse u it deema neceasary. Mortpgee IhalJ be the 1011' judge of the lef)ality, validity and priority of any such claim, lier" encumbi'ance, t&.:.. assessment and premium, l\nd of the unount necaaary to be paid in satisfaction thereof. Mortgagee Ihall riot be held acco=~able for any delay in malLing any nv.~ p;.i7'~~t, '-"hkh delay ma., result in any additional interest, C01t, charges or ~xpense othe~. 10. Mortgago~~ will pay to Mortgagee, ,immediately and witho~t demand, all sums of money advanced by Mortgagee pursuant to this mortgage, together with interest ?n each such advancement at the rate of 6!% per annum, and all such sums and ll1terest thereon shall be secured hereby if made by Mortgagee for the accolmt of Mortgagor because of Mortgagor's default, 11. A 11 sums of money secured hereby shall be payable without any relief whatever from any valuation or apprais'ement laws. , ,~ "'i.