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Home My WebLink About1684 ~b~K' 7 234 ST. LlICIE COUNTY. H A. {J t[l TOO!THEJl WITH all and Jin,war the ten'tments, hereditaments and appurten'l1lcel theu:ul1to belonging or in An)'WUe ahereUnto appertAininc aDd tIl. rentt, iaues and profiu thercg!, and ..ao all the ~state, ~i~ht, ti.li~, inter~Jl an~ all c1:11m and , cIemIIod wha~1 &I _lIm Ia... AI in equity, (Of the aaid Mortgagor in alld 10 Ihe lame, tncludtng but not I~lted to: . (a) All reno, profitt, revenues, royshiea, risnts and benefits dtrived from (I) crops gro-;"n on laid ~curit~, and produre '01 the IIOil otherwile (2) oil, ,.. 01' mineral 1_ of the premises or any part th~reof, now existing... or h~r..ina~ter mad~,. ~nd (') all oth~r reDia, iaa~1 and profits of the premUet from. time to tilO~ accruing, wh..ther und..r leas~1 ~r t~nanCl~1 ~ow ~xul1.ng 01' hereafter created; in each I\lch c.aae with the right in the Mort~a~~, but only at its op_tion, to recewe and rrCt'.pt tner"lOr lU\d to apply the lame '" it may elect to any indebtedneu aecured h~reby, and the ~{ortgagee, at its option, may d..mand. sue for and re<:over any such paymenu, reaervinl to lh't Mortl{agor, however, so Ion I as -aid Mortga.gor i. not in d~faull hereunder. the risht to receive and retain IUch ten.., iuuea and profiu. (b) All judsmenll, awards of damases and aeuleCl~nu h..reafter made as a r...ult of or in lieu of a~y takin,< of .the pnmi_ or any part thereof under the power of emin..nt domain, or for any dama~e (wh~ther cau~d by sucl> taktng or otherwuej to the premiwe. or the improvemer.tl thereon or any part th~reof; such part of any such judgm~nt. :award or selll~m..nt. a. the ),(ort,arec may elect to be applied to the indebtedneu h~reby securt'd and the balance ther~of. 'if any. to be r...trv..d 10 the party or p.artiea oth~rwise entitled thereto. TO HAVE AND TO HOLD the above granted and described premi~. to the ."in Mort<>:agce. ill JUCC~'JOr. and assi!;ns, forever, -...-...1. .'-- t...:~ ){~r"B"'W'"'r ~i" AI 1\1 '.1111 , "', tt ,i..lr t r-i~ 1 uul __,I ~ ,"11 ~_l"~11 ..\..- .~--- ~R"':""". ,;~... 1,,~~flll -'-' 116 I>l~ Y--- . "'tAlI r t : provided always that if Mortgal(or shall p.w to ~{ort,pl(": th"t c..rtain promissory note' "bo\'e deacribed and Ihall perform all oth~r eovenants and eondi!ionl..2f ."id promissory '"'ote. a1'ld of any renewal. ~xte",ion ~r modi. 6cati->n t~ert'Of. and of thil mortgage. then this mort/lage and the e"ate h..r..by ereltT'rl ,hall ce"!' and he null ~nd \'01<1. MortHagor further eo\'~nants and a/lrees with Mortgagee as follow" I. To pay all SUIlU including interest securC'd hereby when due, :u pro\'idl'd for in said promiHory note and ~ny r..newal, extension or modifiea:ion thereof and in thil mortgage, all .uch lum' to be pa\',lble in lawful mon..v of th.. l'nitC'd SUI.., of Ameriea at Mort~alt~e'l aforesaid prineipal office, or at luch other place as Mortgal(e~ may d...ignat.. in writing, 2. To pay when du~, and without requiring any nO,tice from Mortr:;'\~~~. all taxC',. :\,~C'ssm..r.t. of any type or natur~ and other chu~s levied or aue~sed al(ainst the premi,C's hereby encumh<-red or any interC',t of M"rl<:"<:~ th..rein, To imm..di. ately pay and diKh:uge any c!Ail:!, lien or encumbrance against such pr..mi.e. which m"v be or h<-come ,uperior to this mort. gage and to permit no default or deiinquen(')I on llny other lien, encumbrance or char~e al(aimt such premi.e., :'I. If requirt'd by Mortgagee, to also make monthly dep:>sits with Mortl(a~l'C. in " non.intere.t hearing account, tOl(..ther with and in addition to interest and principal, of a lum eqUAl to one-twelfth of th~ yearly t"xes and a"C'ss,n~nt. which may be levied agaimt the premiteS, and (if so required) olle-twelfth of the yearly premiUMS for in.mance thereon, The amount of .uch taxel, ~JJmC'n'l and premiums, when unknown, ahall be estimat,.d by Moru:u:ee, Such deposiu .hall be used by Mortgagee to ~y IUch taxes, assessments and premiums when due. Any insufficiency of <uch account to pay such char!t~. when due ,hall be paid by NortplOf to Mortgagee on demAnd. If, by reason oi any default by Mortgal(or under any pro\'i.ion of this mort- l&!fe, Mortral'Ce declares aU lums securt'd herElJr to be due and pa~'able, Mortgag~e may then apply any funds in laid account IIlf&inrt the entire indebtednen ae..ured hereby. The enforceability of the co"enanU relating to taxe., aHC'umcnU and insurance premium I herein otherwise provided Ihall not be affect~d except in so f;u- as thos~ oblil\'ations hav~ been met by compliance with this para~ph. Mortgagt'e may from time to time at its option waive. and after any luch wai,'cr rrin'tate. any or all pro\'i.ions hereof N'qUiring such depositl, by notice to Mortgagor in writin~, While a..y .uch waiver i. in effect Mortgagor Ihall pay taxe.. ll.UeSIInenU and insurance premiums as herein elsewhere p~ovided. 4. To pay all taxes, stamp tax or other charge whi,,~, m:1Y be a~..rd upon this mortl{age, or laid note, or ind~btedn~JJ ICCUred hereby, without I'C'ltard to any law, Federal 01' State, heretofore or her~after enacted, impoling p;lym~nt of all or any put thereof upon Mortgagee, In event of enactment of any law imposinl{ pa~-ment of all or any portion of any .uch tax..s upon Mortlagee, or the J:'enderin!t by any ('ourt of last resort of a decilion that the undertaking by Mortga!l:or, as herein provided, to pay IUch tAx or taxea is legally inoperative, then, unleu Mortga~or n"\'Ntheless pay. such taxes, all .u.n~ hereby ~curcd, without any deduction, ahall at the option of Mortgasee become immediately due and paYAble. notwithltanding anything contained herein or :any law heretofore or h~reaft~r enacted. 5. To keep the premiJel imurt'd &<<ainrt ltJU or damalC by fire, windllorm or extended coverage and luch other hazards as may be required by Mortgagee, in form and amounta utilfactory to, and in insurance companies approved by Mort~a^ee, and with acceptable mol'tl..ee Iou payable clawn attached, Such policies, to!(ether with such abstracts and other title evidence as may be required by Mortgagee, shaD be delivered to and held by Mortgagee without liability. Upon foreclosure of thil mortgage or other AC.1uisition of the premi_ or any put thereof by Mortgagee, lAid policie., abatracts and title evidenc~ Ihall be..c-me the a'-:lhne property 01 Mort!f3lJC'C- ( ( ,"' fJ () 6. To lint obtain the written content of ),(orlJ&ltle, luch cl)ruent to be j(ranted or withheld at the sole diJCr~tion of such ),(~, before (a) rem~n<< or demolishing any building now ;;1' hl'reaft..r ere{'t~d on the prl'mi..... (b) altering the arran~- meat, design or structural character thereof, (c) makinl any repai... which invoive the removal of structural part. Or the exposure of th~ interior of IUch buildin<< to the elemenu, or (d) cxcept for dome.tic pilrpo~S. cutting or r~mO\'ing or pem.iuing the cutting and removal of any trees or timber on the premiJea. 7. To maiotaift premitet in sood condition and repair,"including but not limited to the ma~inl( of nlch repairs as Mortgagee JnlIY from time to time detenni~ to be neceJl&ry for the preaervation of the p~emiaes and to not commit nor permit any walte thereof. .. To e:lftIpit with .u laWl, ordinances, regulatiOI'J, ~nanU, conditions al.d rellrictions affecting the premise.. and not to lUlfu Cll' permit uy violation tbenol. 9. If Mortgasor failJ to par any claim, lien or encurnhfance which is IUperior to this mortgage, or, when due, any tax or .-men, Cll' iMurance premium, or to keep the premilel in repair, or ahall commit or permit WAIte, or if there be commenced .., action Cll' proceed.inc affecting tb. premises or the title thereto, then Mortlag~e, at its option, mAY pay laid claim, lien. ~ncum- bn.Doce, to, &IietNDm' 07 pI'e1Dium, with risht of lubrosation thereunder, mar ma"e sUl'h repain and take luch Iteps as it deems adviaa.ble to prevent 01' cure auc;1t WaIte, and mAY appear in any luch action 01' proceeding and retain cowuel therein, and take such actic.n therein &I Mor:ragee d~1DI adviJa~. and for any of ..id purposes Mortgagee may advance such SUmJ of money, iDdudillf aD COIf3, (WI and otheo- il.eroa of expetUe .. it deeml neceaary. Mortgasee ahall be the sole judge of th~ legality, validity a"" priori4y 01 any ~\\,::h cla:m, lien, ~umbrance, tAx, ~unent and premium, ftnd of the amount neoeuary to be paid in _tUl~tion tbllreofi Wortlf&t'l8 Ibal1 not be held ~able f~ liny delay in malUn( any IUch payment, which delay may _.It i.. IlftV additioftal mten!it, COlt. c~ or apaue otbenNe. ' 10. Mortpgor will pay to Mo.rtg!i.8ee, 'immediate~ and \itithout demand all sums of man:y ad;anCed by Mo:.'tPIH pursuant to this mortgage, together with 'intelest 00 eac suc advancement at the rate of 61% per annum, and all f.uch sums and inte~e8t thereon shall ba 8e~ured hereby it made by Mortgagee tor the account of Mort,aiur bec--ause ot Mortgagor's default. 11. All SUinS of money secured hereby shall bti payable without. any relief whatever- trom any valuation or appraisement laws. , ),