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Home My WebLink About1702 i~~i 7 252 ST, LUCIE COUNTY, FLA. TOO~THU WI1 H .u aDd t.&ncuW the teneme:\ts, hereditamenh and appurtenance.a thereunto belonli~ or in an)"OiR ~untlll appenaininc and the rttltl, ~ and ,protiu thueof, and &110 aU the eatate, right, title, interest and all claim ...u demaDd wha~, u well in law u In -.quit)', of the pid Mortgagor iJ\--apd to the lame, including but not limited to: (a) AU reats, pro6ta, rvnr.ue., royalties, riJlhu !lrucl benefits deri,ed from (I) cropt lro~ .on laid Ioec~rity anti p'toduce of the aoil oth:rwiw (2) oil, ,.. or mineral leuea of the premiael or any p&rt thereof, now elusllng or heretn;r.~ter made,. and (5) all other renU, iuues aad profitl of :he premitel from time to time accruinlI, whether und..r leases ~r tenanCies ~ow exutl,ng 01' hereafter created; in each J\\ch cue with t~e npt in :he Mortl{agee, but only at ill option, to recelve_ and r..celpt th..re.or and to apply the lame &I it nay elect &0 any indebtedne.JI tecured hereby, and the Mort~agee, at ill option, may d..mand, sue for and reco\tr any Il.'ch paymenu, reterving to the Morts:agor, h~we...er, so long as said Mortgagor is not in default hereund..r. the risht to recei\e and retain .uch rents, illuet and profits. (b) All judgmrnlJ, Awardl of damqe.a and aettlemenU hereafter made aJ a result of or in lieu of any taking of. ,the pcemiaet or any 1>art thereof under the power of eminent domain, or for any dam:lI~e (whether caused by such taking or otherwISe) to the pcemises or the improvementl thereon or any part thereof: luch pt.. of any such jud!(ment. aWilrd or lelllem..nt, as the Mortl{agee may elect to be applied to the i..t!ebtedr.eu hereby teCUred and the balance thereof. if an), to be !..s..r.....d to the party or partiea otherwite entitled thereto. TO HAVE AND TO HOLD the above sranted and deacribed premi.es to the !.~id Mort!(al(..e, iu successors and auigns, forever, u.l .L. __:..1 u -:1-. T ...... Il uk, 'till,. arr~""~' ~Ih .. ....i... laul, J" Ii ill Ii h~ Ji t1u 1- 1.,,:1 II I~! la h.1 ~L.. d all ,n. t L 're; provided always that if Mortl{a~r IhalLpay' to ~{orlll::lo:ee that cert:lin promissor: not.. abO\'.e i (: detCribed and Ihall perform all other co\'enants and conditicn. of said promissory note. and of any ren..wal, ext..nSlOn or medl- J fication th.en'Of. and of this mortgage. then thil mort!l"age and the e<tate her..by rre,trr\ ,hall c"~'" :lnd he null anr\ void \ I ~ Mortgasor further cov..nants and a@"ren with Mortgagee al follows: 1. To pay all IU!lU including interest aecur..d hereby when due. ilS pro\'idrd for in said promiuory note ilnd any renewill. extension or modification thereof an<! in thia mortgage, all luch sunH_ be papble in I..wfui mon..y of the Cnited ~tatrs of America at Mort!(al(ee's :l.foresaid prindpal offic~. or at luch other pla,'e. as Mort~a~re may designate in ....tting, 2. To pay when due, and without requiring any notice from ~{ortc:\!:e". all tax,,'. a"rurn..nts of any type or nature aDd otuer ch~s levied or .....eascd agaimt the premises hereby enc~mbered or any interr<t of M"rt'lal:r th..r..in, To imm..di- ately pay and diKharge any claim, lien or encumbrance agaimt sllch pr:miJei which may be or becom.. mrerior to this mort- rase and to permit no default or c.elinquenc~ on any other lien, encumbrance ('of char!le against luch premi~s, 3. If required by Mort..lee, to alto make monthly dep:>sits with Mort'la~..c. in a non-interest hrarinl( account. tOl(ether with and in addition to illterest and principal, oi a lum equal to one, twelfth of the yearly taxes and aBel,mentl which may be levied again.. the prcmiles, and (if so requi.,d) one-twelfth 0( the yearly premiums for in'urJ.nce t~er..on, The amount of such taxes, assessmt'ntJ and prcmiullU, wh..n unknown, Ihall be eltinatl'd by Moru;aJl:ee. Such deposits shall be used by Mortgal(ee to pay auch t!lXet, asseumenU I\nd p~emiunu when due. Any insufticienry of such account to pay such rharges when due shall be paid by Mortpsor to Mortgagee on demand. If, by reason of an}- default by Mort!(al(or under any provision of this mort- galte, 'Mortgagee dedarea aU SUIlll secured hereby to be due and payable, Morto:agee m3Y then 3pply any funds in said account a~n.t the entire indebtedness secured hereb,.. The enforceability of the covenarlJ relating to taxe.. assessrr..,ntl and insurance premiums herein otherwise proviCled shall not be affected except in 10 fnr as those oblil{ation! have been met by compliance with this paralfRph. Mortpgef: may from time to time at iu option wlUve. and after any such waiver rein'tate, any or all provisions hereof requiring .uch depotiu, by nctke to Mort8&1Or in writing, While any luch waiver i. in effect Mortgagor Ihall pay taxes, ..-menU and Insuran(e premium, olI herein ellewhere provided. 4. To pay all taxes, stamp tax or other charle which m:!.y be assessed upon this mortgage, or aaid note, or indebtedne.. secured lIereby, without rell;ard to any law, Federal o~ State. heretofore '.)~ hereafter enacted, imposing payment of all or any yart thereof upon Mortga~e. In ewnt uf enactment of any law imposing payment of all or any portion of any such taxes upon MortPlec, or the rendering by any court of last resort of a decision that the undertakinl by Mortgagor, ill herein provided, to pay audl tax or taxes it lelally inoperative, then, unleaa Mortlall:or m\'crthelrsa pay I such taxes, alllums hereby vcured. without any docl~tioa, Jhall at the option of Mortpree )-.ecome immediately due and payable, notwitlutanding anything contained herein or any law berdofore or hereafter enacted. S. To keep the pre-nises insured apinat lea or dama~ by fire, wind;tonn or extended co\"~rage and luch other hazards at may be required by MortSAlee, in form and arr.ounta sa.tiafactcry to, and in insurance companies approved by Mortl{agee, and with acc~tabIe mort(Wce lOll payable clauses attached.. Such policies, together with such abttracU and otber title evidence at nay be require<! by MorlIagee, .han be delivered to and beld by Mortlfagee without lillbility. Upon foreclosure of thil mortgage or other acquiaili.Jn of the premises or an.,. part thenof by Mortlasee, aaid policies, abstracts and title evidence Ihall become the abolute property of Mort~- ,~ 6. To lint obtain the written consent of Monp.ree, such con~nt to be granted or withheld at the sole discretion of such 1 " Mortpgee, before (a) removinl or demoliahiftl any blilldlnl now or hereafter erected on the premi~., (b) altering the arran~- f\ :DlIftt, dm<<n or r.r.:ctmal character thereof, (c) makinl any repair! which involve the removal of strc.ctural parts or the l ~) expt>SUI'e of the Interior of such buildinll to the e1emenu, or (d) except for domestic purpo~s, cutting or remo\'ing or f>ermitting d' the cuttinS aDd removal of any treeI or timber on the ~. 7. To nl&int.un premilf!t in sood eortdition :tad repair, iacluding but not limited to the makinlt of such repairs as Mortgagee may from time to time determine to be neceuary for the preservation of the premises and to JlQt commit nor permit any ....aste thereof, I. To eornpty with aD laws, ord;nancet. resulationa, cownanU. conditions and restrictions affecting the premises. and not to lIoII1.u Q1t permit any vioiadoo therd. 9. If 1I01'tlapl' faih to pay any claim, Jien or encumbrlUlCe which is superior to this mortgage, or, when due, my tax or .-.menl Cll' IAtura.nee ptemium, or to keep tbe premitet in repair, Ol' thaD commit or permit waste, or if there be commenced !my acticcl or p~inll affectin!J thf' premi~s or the title thereto, then Mortl8gee, at iu option, nay pay nid claim, lien. encutD- btaot'e, tax, aMft~ or Jiftmiom. with ript of aubrosaticm thereunder, may make luch repain and take .uch Iteps at it deems adviuble eo pnweiIl Cll' cure IUoCh WUIe, &ad may appau' Iii III1Y auch acti<-n or proceedins and retain counael therein, and take neb ~ ~in as Mortga~ 6<;_ ec:!visable. and rot my of said purpote' Mortgagee may advar.ce .uch .urns of money', ind~intr ali coat., fea u;d other itetr.. of ~nJo: AS it d_ necaaary. Mortp<<eC ahaU be the IOk judge of the legalit!, validity and prio~ity of any iudl daim. lien, eM:umbrutee, tax, usesamen~ and premium, and of the amount necetJ~ry to be paid ir& ..tittactklil thered. M~gee Ihall not be held "lXOU!ltabJe for any dela, in makil,g any IUch payment, which delay may NIIUk ia ati7 lWIditJc:Iftal ~ (O$~l dwre<I or expense otherwiIe. 10. Mor:tgager ~iU pay to Mortpgee, immediately and without demand, all Bums of money aova.n<:"ed oy MortPie, pursuant to this mortgage. together with interest on each such a.dvancemeJlt at the' rate ot 61% per annum, and all such sums and interest thereon ehaU be secured hereby U made by Mortgagee for the account of Mortgagor becau~e of1llortgaror IS default. 11. AU sum$ of mooey secured hereby shall be payable without any relief wbatever from I.D1 vabation or appraisement laws. ./ I -~",-,.";.,"~...---~.~.~.~---........,......,.,,,,,----