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Home My WebLink About1710 O. R. BOOX 7 200 ST. LUCIE COUNTY, FLA. TOOETHE& WITH all ancl ainrulu the tenun~ti,-hmdit&meIltJ and t.pf-urtenancea thereunto belonsins 01 in an)'WUe therewuo appertsUnin. and the reIlts, i..uet and preSta thereof, anll LA) aU the estate, risht, title, interest and all claim and demand wh.tJoevCr. &I we!! iD law AI In equity, of the lAid MOrtp<<or in and to lhe ume, inchding but not limited to: (a) All renu, prolita, tt'Y'eDIIeI, royaltiea, riChu and benefits derived from (I) cropt grown on laid security and produce 01 the aoil otherwiac (2) oil, raa or mineral Iu_ of the premisel or I~y part thereof, now exiuing or hereinafter mad... and (5) all other rents, iuuu and profits of the premiJel from time to time accruing, whelher under leue! or tenanciel nOw existing or het'eafter c~ated; in each luch c>>e with the right in tht' MOrllfagee, but only at it, option, to recei,'e and r..ceipt there~or and to apply the llUDe aJ it may el<<t to any indebtednea aecured hereby, and the Mortgag~, at its option, may demand, lUe for and recover iIony luch payments, ....lVir.S to the Mort,18or, however, 10 lonS aJ said Mortgagor i, not in default hereunder, the rirbt to receive and retain IUch rents, WlU'a and profits. - (b) All judsments, awards of dantAl" and JettJemenu hereafter made as a resuh of or in lieu of any takinl( of the premilet or any part th;!reof under the power of eminent domain, or for any dam:.l/(e (whelher camed by mch taking or otherwise) to the premises or the improvement. thereon or any part thereof; luch part of any such judgment. award or lelllem..nt, as the )dortpgee may elect to be applied to the indebtedneu hereby secured and the balance thereof, if any, to be r..served to the party or parties otherwite entitled thereto. TO HAVE AND TO HOLD the above scanted and deacribed premises to the s.,id Mort~al(C'e, its ,uccessors and assigns, fOre\"ef. a-.J .L_ .....:.1 1.6...-A....rr 1f,..-- \T''""r 1..111" ...--. At t~, :'itlr ,~ .-i~ 1__..1. r-..I .. .:n A_r__~ to"-_ ....--- -8...:..... tt... l"l~(lIl .::l.d.... vf .AI ~~_,.. ..t.v.___r: provided alwa)'1 that if MortsaltOr Ihall p-'\)' to Mortgal/(ee that certain promissory note above deacribed ar.d ahal! perfonn all other covenants and co.,dltions of ;aid promissory note. and cf any renewal, extension or modi. ~ fication thereof. and of this mortgage. then thil mort~age and the estate hereby cre~tl'ri shall cr,'{' ,,,d he nu!1 and void (I ~ (. Mortgagor further COYenlLnts and a~ees with Mortgagee al 101l0wI: I. To pay all IUI'I'I including interel! lec~r..d hereby when due, as providrxl for in said promissory not.. and any renew:.\. extenlion or modification ~reof anrl in thu mortgage, all luch lun11 to be payable in lawful mon..\' of th.. l'nited Stal..s of America at Mort<<a~ee'l aforesaid pri"C'ipal nffice, or at lu:h other place as Mortgagee may designate in writing, 2. To pay when due, and without requiring any notice from Mort I\'altee , all tax..s. a....ssmenls of any type or nature &cd other charges levied or uselsed a~ainst the premi~s hereby encumbererl or any int..rest of ~hrto:ao:{' ther..i", To imm..di. ately pay and ciacharge an)' cwm, lien or encuI"lbrance apinit 1II,I,t premi~s which may be or become superior to this mort- rase and to pennit no default Or delinquency on any other uen, encumbrance or charc:e againH such pr"'nises, 5. If required by Mortpgee, to abo make monthly delX"iu with Mortl(agec. in a non-interest hearing account, together "ith and in addition to int~relt and principal, of a lum equal to one-twelfth of the yearly taxes and assessments which may be levied again't the premises. and (if 10 required) one-twelfth of the yearly premiums for in.urance ther..on, The amount oi ,uch tuea, aueumenU and premiutnl, when unknown, thall be euimat,.d by Mortga~ee, Such deposits shall be used by ~.{ortga!!,ee to pay .och taxes, aueumenU and premiulIll when due. Any inlufficiency of such account to pay such charges when due ,hall be paid by MortNor to Mortgagee on demand. If, by realOn of any default by Mortgap:or under any provision of this mort, pee, Mortg.,gee declares aU lurm ~ured hereby to be due and payable, Mort~agee may then apply any fund. in said account against the entire indebtedness lecured he~by, The enfcrceability of the cO'o'enanIJ ~lating to taxe.. assessments and insurance premiums herein otherwUe provided Ihall not be affected except in 10 far IS thOle oblil(ations have been met by compliance with this par&lfraph. Mortpgee may from time to time at iu option waive. and after any luch waiver reinstate, any o~ all provisionl hereoC reql.:iring JU~h depoilu, by notice to Mort~r ir. writing, While any luch \niver is in ..ffect Mortgagor Ihall pay taxes, auetanenb and inaurance pcemiwnl &I herein eJse...here provided. 4. To JMlY all taxes, stamp !1't or other ehafle which mlY be aJlCllscd upon thil mortgage, or laid note, or indebtedneSl leCured hereby, without ~ard to any l&w. Federal or State. heretofore or hereafter enacted, im~ing payment or all or any part thereOf upon Mortg~. In eWnt of enactment of any law impoaing paym~nt of all or any portion of dny such taxes '-'pon Mo~, or the rendering by any court of I&lt rt..urt of a decisior. that the undertakinl by Mortgagor, a.s herein provided, to pay Nch tax or tax.. is Icratty inoperative, then, unl... Mortga![or ne\'ertheleu pays su~h tAXCI, all lums hereby ~cured, without any deduction, thaD at the option oC Mortplee berome Immediately due and payable, notwithatanding anything contained herein or any law heretofore or hereafter enacted. 5. To keep the premill!S in.ured agailUt 10u or damqe by li~, windltonn or extended coverage and IUch other huardl &I may be requirt'd by Mortgagee, in fonn and &mO\JlU utisfactory to, and in ins;Jr~'ce companiel approved by Mortgalee, and with aecepcabIe mortpeee loa payable c1aaact attacMd. Such polici.., t~ther with luch abltracu and other title evidence as :nay be !'Cllluinld b, Wortpgee, shaD be de!.i~ to and heJd by Mortpsee without liability, Upon foreclosure of this mortgage or other aeqWeltkA\ of the pnaiIet or aD) part thereof by Wortgqee, laid policies, abatracts and title evidence ahaU become the abeolute proper1y of Mortptee. 6. TC) .. obtain the WTittm eonser;t 01 NOf1CaIee, such consent to be !{ranted or y ithheld :\t the sole discretion of .uch Wortp<<ee, bef019 (a) removing or demolishin, any building now or hereafter erected on the premise., (b) alter;ng the arrange. ment, de.agn or ItructuraJ character thereof, (c) makinr &I':y repaiu which involve the removal of .tructural parts or the exposure 01 the iAterior of auch t.uildin, to the elernenta, or (c!) except for domes~ic purpo~, CUlling or removing or pennitting the cutq and remon1 ol any trees or timbet' on the premilel. 7. To maintain premi~1 in sood conditiol1 and repair, including but not lim:ted to the makin.~ of luch repairs a.s Mortgagee may from time to time determine to be necessary for the pretervatioll of the premises and to not commit nor permit any waste thereof. a. TG c:ooply with .u laws, ordinancea, regulations, covmanU, conditions ;lnd restri-::tiom affecting the pr~miJ<", and not to itl!:er or perm.!t any violation tbereol. 9. II ~ Calli to pay any eWm, lien or encumbrance which i. .uperior to this mortgage, or, when due, any tax or I~t or fnsunnce ,premium, or to bep the ~ In repair, or shan ~t or pennit waite, o~ if there be commenced .., acdorl Oft proacdinc affecting tM premises or the title thereto, then Mort~agee. at its option, may pay .aid claim, lien, encurn. ...nu, t.x, lIIC~t 01' preutium, with rilht of ;ubrog.tion thereunder, naay make such repain and take such Uept 'aJ it deems advitabJa to ~ ot c:W"I! i\tda wMe, and _y appear in any luch a;:tion or proceeding and retain counael therein, and take llIKh I.Cdon therein AI ~ort!~ dee;Jll advilable, and Cor any of lAid purpoaeI Mortgagee may advance luch IUtnI of mone;<, iDc:Iudlnl rdI C04ta, ftel a.t'lCI !):hu items of exPfl"C u it decma necaaary. Mortpsee aha1l be the 201e judge of the legality, n!idity and priority ol any lucb daiw, liec, eneumbnnce, tax, &lleUment and premium, and or the amount .1ecesaary to ~ paid In ;;.ttiebGtiors twool. Wortppe aba1l n~t be !1ekl accountable fer any de!ar in makinr a.ny such payment, whkb delay may i. ~_ ___ _AM.J__' ~_._-..a ....... ...t..._ _ ~_ ~... . 10. Mortpgor will pay to Mortgagee, immediately and without demand, all sums of money advanced by Mortgagee pursuant to this mOf'tgage, together wi~h interest on each such advancement a.t the rate of 6t'. per 8.JU1um. and all such sums and interttet thereon shaH be Becured hereby if Made by Mortgagee for the account of MortPior bf:cause of Mtlrtpgor'a default, 11. At: .um,a of money Ile~ured hereby 8hall be pa.yat>le without ar.y relief whatflve:' from .a.:.Jy valuation or appraisement 1&'W8. < (. . ~ ~