The URL can be used to link to this page

Home My WebLink About1696 gb~k 7 246 ST. LUCIE COUNTY, F1A, . TOO!TIlIlJl WITH all lIAd .m.war the teIlftnel''-, hereditn.menU and appurtenances thereunto belt}nging or in anywise thereunto ~ aDd the NUb, iMua a~ profiu thereof. and aOO all the estate, right, title, interr-st and all claim and dmMod wha~. &I wd1 Us law .. in equity, of the IAid'Mcmlacor in and to the ume, induding but not lim;ted to: (a) All renb, ~b, _nIleS, royalt.iee, ri<<ilb and benefits derived from (1) crope grown on wd security and produce c-l ~e IOil otherwile (2) Coil, 1&1 or mineral leaaea of the premisel or any part thereof, now existing or herein-.her made, and (') all other renta, Uauet ::lI~d pro6u d. the premiltl from time ,to time accruing, whethu under leases or tenancies now existing 01' hereafter created; in each I\lch c.aae with the lilht in the Mortl1:agee, but only at its option, to receive and receipt therefor and to apply t.'te &&me &I it may elect to any indebtedn~ aecured hereby, and the Mortgagee. at iti option, may demand, sue for ~d ~.er any such paymenu, reterving to the },{ortg&sor, h~\'er, 10 long &I aa.id Mortgagor is not in default hereunder, the right :0 re<:eive and retain .uch rents, iuuea and pro6ts. (b) All judgments, award. of damAgeS" and tettiementa hereafter made aJ a- result of or in lieu of any talr.ing of the premiJet or any part thereof under the power of eminent domain, or for any dam:l~e (whether cau~ by such talr.ir.g or iltherw;se) to the premisea or the improvemenll thereon or any part then'Of; luch part of any such judgm!nt. award or lelllement. as Ihe Mortg~ may dect to be applied to the indehtedness hereby ~ured and the balance thereof, if any, to be reserved to the party or J'llrtlel otherw; ~ en ti tied thereto, TO It'AVE AND TO HOLD the abcve gTanted and deKribed premi\tl to the s:lid Mortl'aR:ee, it. succeSJOrs :;,nd aJsigm, forever, -~~ .~- --i~ N . '8 ~.r ..... ".r'\,. hill) f1I11FARl 1ft. _air ,. laid lI.nll. fin" ill "lhFl~ tit. 111 1l"1:~.' lA' I" .r',l ..... ef all,....... h IIWII .r: provided always that if Mort:tal{l)r shall pay to ~fortR:"R:t'e that certain promis!oOry note abo-,-e delCribed and Ihall perfonn all other ro\'enar.ts and conditionl of .aid promiuo..y note. and of :iny renewa!, extension.or mod;- 6ution thereof. and of lhi. mortga~. then this mort![age and the eSlate hereby .crntr(\ .hall C(':l'C :lnd h.. null and voiel, },{ortpgor furthrr rovenanU and a!frees with Mort!tagee as follows: I. To pay aU s'~Jna including intere.t seeurcd t:rreby when d',e, as providNl for in uid prom;<sory note and any rrnewal. exten.ion or modi6cation thereof and in t'lis mortgage, all such sunil to be payable in lawful money of the l'nited !;;latfs of America at Mortp;al(et'l aforesaid prinripal office, or at luch other place as Mortl(ap;ee may designate in writing, 2. To pay when due, and without requiring any notice from Mort<:a~e, all taxes. a..eumenn of any type or nature and other charges levied or &Sst'1Sed alfainst the premise. hereby encumbtored or llny interelt of M"rH:as;e therein, To immedi, ately pay and discharp;e any claim, lien or encumbrance against Inch premiU!s which may be or become luperior to this M~rt- PI'! and to permit no default or delinquency on any other lien. encumbrance or char<~e a;:ainst such premises, 5. If required by Mortgagee, to 1000 make monthly dep:>sits with MOr!'(a~ee. in a non-interest bearing account, tOl(ether with and in addition to interest and principal, of a lum equal to one. twelfth of the yearly tHe. am! auenments which may t~ levied apin.. the p~ and (if :0 required) one-twt\fth of the )~"rly premium. for in.urance there-on, The amount of such taxrt, :oaeKmenU and premiunu, when unlr.nown, Ihall be estimatt'u by Mortl(a~ee. Such depo1its shall be used by Mortgagee to paT IUch taxea, auess~nts and premiunu when due. Any inlufficienry of ouch account 10 p:lY such ('harges when elue shall be paid by Mortgagor to Mortga~e on demand. If, by reason of any default by Mortp;all;or under any provision of this rr.ort- PIfC, },{ortJ~ declares all lum. secured hereby to be due and paY3hle, Mortgagee may then 3pply any funds in said account a!CailUt the entire indebtedn!'SS secured hereby. The enforceability of the covenants relatinl( to taxe.. a<sessmrnts and insurance premiums herein otherwise provi!led Ihall not be affected except in 10 far :\1 those oblio:ations have been met by compliance with this para~ph. MortPI~ may from time to time at i" option waive. and after any such waiver rein'tate, any or all provisionl hereof requirinJ such deposits, by notice to J,{ortpsor in writin't, While any such waiver i. in effect Mortgagor shall p.q taxes, usessmenta lmd iNurance ~miunl! &I herein ebewhere provided. 4. To pay all tuft, stamp tax or other chere wnich mlY be auessed upon thil mortga!!,e, or laid note, or indrbtedneu setur<<! ~, without ~ to any law, Federal or Stale. heretofore or hereafler enacted, imposinp; payment of all or any part thereul upon Wortp!cc. In ~t of enactment oi any law imposing payn.ent oi all or any portion of any such taxes upon Mortgagee, or the renderin, by any court of !~t rc~rt of !. decision that the undertaking by Mortgagor, a; herein provided, to pay such :ax or taxes i. legally inoperative, then. unlets Mortl3!!,or ne\'l~rthele.. p:lYS such taxes, all sunu hereby securcd. without any dedttction. shaD at the option of Mort~ become immediately due and payable, notwithltAnding anything contained herein or anT law heretofore or hereafter enacted. 5. To keep the premilet insured apinst l01I or damage by 6re, windstorm or extended cO'."trare and ~uch other hazards as may be n:quired by Mortgagee, in form and lllDOunta satiafactory to. and in insurance companies apprc.,'t'd by Mortgagee, and with aceeptable ~ loes payable clause. attached. Such policies. together with luch aburacu and other title evidence as may be ~red by Mortp;agee, shall be delivered tu ami MId by Mortpgee without liability. Upon foreclosure of this mortgage or other ~v.iaitioA of the premiaa or any part thot!t:Of by }dortgasee, ..id policie'J, abatr&cU and title evidence ,haU become the sbIoJuce propertY of },(ortgagee, 6. To tint obtain the written consent of Wort(aIee, aucl1 consent to be !tranted or withheld at the sole dacretion of such M~, before Ca) removinl or demolishing any buildinl now or he:--eafter erected on the premi,.~s. (b) alterino: the arrange- ~t, deRgn or Itrudural character thereof, (c) making any repaiu which involve the removal of structural parts or the expo4Ure of the interior 01 such building to the clemenu, or (d) cxcept for dome:tic purposes, cutting or removing or permitting the cutting and ntDOY&l of anT treeJ or timber 011 the premiKs. 7. To mi.inta1n premi_ in sood eondition and repair, includin!r but nc.t limited to the making of meh rep:lirs as Mortgagee may from tiftse to tiIIIe C:etennme to be 1'1'CeISUy for the preservation of the premisei and to not commit nor permit any waste thereof, 8. To comply v:i~ aD laws, ordinancel, resulaticru, covenants. conditions and restrictions aA'ec~ng the premises, and not 10 ..~ Of' permit an, vi9Lation thenof, t. If ~ raW b pal anT claim, lien or encumbranc:e which is luperior to this mortple, or, when due, any tax or .-.ment or insurance premium, or to keep the premiaet in repair, or shall eomrnit or permit waite, or if there be commenced any aeUon or proceedin~ affecUl\' 1M premites or tbe title thereto, then Mortsaree, at its optiQn, may paT said claim, lien, encum- bftnce, talC, ~ or preMium, with right 01 .ubf':>B&tlon ~~t may make Stich repain and take luch Iteps &I it deemJ a.dviMble to p~"--en' or CUft &ods ~, &nd mal' .ppear in any l:ach actio.l :If procec-ding and retahl COUM\!I therein, and take such a.ctkln therdl'i IU Mortl13"re deems advisable, 3nd for any of said purpoee. Mortgagee may' advan.-.ooe such IUInI of money, indvdingaD cosu, rees an>:! ouer itemt of expenlle .. it dee_ neceaary. Mortga<<ee shall be the IOl.e judge of th~ legaiity, ~ity Ill"d prioril1 of any such ;:laim, lien, e-\lCumbrance, t.u, a.ueument and prm1ium, lInd of th~ amount ~ to be paid ill satW.ctico 1btnal. Wm~ ihiJI DOt be be-ld "~Ult.bIe for !In)' delay ill mA!r.inl "'Y IUdt payment, which delay may ....a1t ia .,. IfIdidoul i.ntnat, C08t, dlalIft or expeNe otbenri2e. 10. Mortpior will pay to Mortgagee, immediately and without demand, all S'_.ms of money advanced by Mortgagee pur8UiU1t ~ th1a mortpge, together with interest on ea.ch such advancement at the rate of 61'0 per annum. and all such Bums and interest thereon shall be securttd hel'eby it nmde by Mortgagee fer the account of Mortp.g<il' becau.se of Mort[(!&iOr'S default. 11. J\.U sums of money secured hereby shaU be payable Voi-i.tho\1t any relief whatever from any valuation or appraisement laws. \~ () , t ttI ~ ,1 ..- ....... ~.""" ..':"_..j:".L_..!"i':".........~..:,.,"(.-.-.~:-......~..., ". ~ ~ ~ J . ." ... '"';; .'. n~_~__"''''''''