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Home My WebLink About1713 ~ -=:::;.:..:- . ,.._'. _.."...:., ,~~...~' '" L, ":--~~;.:llr,lSF.. '~__"_~~~~"<A.~~~~~~<I' '""'~'..oJ"'.",_"""""",.__"",.___ -,..__,_........"'""",'~. ,. ~.,.".. ~~C_ -' ,,-' ,~....,., - .. ..____---..~~___..........~~_....i;.1t'.~'J..:~-"""'. Il""'~~ '.lL, '. - '- - _' '. ..~.- ",,\, I~t <:~:.- 7 ."GDft,' ..,~~.., ~: ... ST. LUCIE C~TY,'1A. TOGETIlU WIT!t aD and ~ the ..a Jlql"U, ~. .... .......... ...... '1~1 ... or .. .,... thereunto ap~rtainiAt ADd the rents, __ &Ad ..... therelll, ADd dIo aD .. ..... riP&. . .... a1 .. dI-i8 ..... demand whd'O~J', .. -~ ill law AI in equity. 01 ~ aiel ;&.f~ 51 aiId to .... ..... 1acWi..,.... .,. ..... 08: (a) All rents, pro6t1,. reYeD-. ror-!u.. riP'- aDd a-ftta derl\'d fnMia (j) CIOplI an- - .... ___ .... ....... of the lOll olherwiK (2) oil, ~ or mioenl -- of daa premI.e or lUll' pert dNnof, aow ~ fJIt ....,.. .... ... (~) all oth~r nnts, i..uea and profiu of tho ....... from 'time II) dmo ICU\Iior. W~l' IIhder __ or ....1KieI OOW ~ or hereafter created; in each .uch cue with the riIht iD tbo Wort..... but oe!y .. ba opdon, to recftft ud ~ tloerefor and to apply the same &I it ~y elect to any indel:ltedlWll JCCW'ec.I heftbto. end the WIX"tppe, at Jill opdoD, ..,. -clemaad, we for and rKCV~r any luch paymenu, ruervina to the )(Orllacor, hcnreYer, 10 ., .. aa.id )i~ ill DOt Ie dIfauh bueuDder, the right to receive and ret.un such rents, UlUet and profitt. (b\ .l,.1I judgmrnts, award. of daJDA8'e& and JettJemcata heftafter 1DIde .. a ,..ut CJI M In leu 01 ....., tak1q 01 the pre/:lisel or any part th~reof und~r the power of emin~nt domain, or for any da'IU"" (whether c.1&IId by such takiDl or otberwUe) to the premj.~s or the improvements thereon or any part thereof; luch part of any Neb judsment, award cw aettlemeDt, .. the Mortgag~e may elect to be applied to the ind~b~edr'eJI herel,y aec:urecl and the balance thereof, if any, to ~ I'elIetVed to the party or partie1 otherwise entitled thereto. :.. TO HAVE AND TO HOLD the above JTl.nted and detcribed pnmises to the Mid Mortg~CE, ita .ucceNOn and ...ipa, forever. __ tlu .ill III 'lI-lIlr slllI "If'~} f...Ili __..I Ll.~ to:tl.. to.. Aj IL II, ulill _:a i.L lJ .. ....Ir't .. II. ,.J ~l ..... .f .11 pt_-r .._-~,..; provided alw~Y1 that if MortgAJl'Ol' shall pAy to Mortlnfl" that cettain pru:niJIory noce above de;cri~d and sh~lI pcrfonn all other covenants and conditio>''lII of said promiaaory !Iote, aRC! 01 any renewal, cxteDIioa or JDOdi- ,. fic~tion therf'()f. and of this mortga~. then, thiI morts-ap and the e.tate hereby fTelUed IhalI <<II"' IInd be nuD and void. I ( ~ ~ Mort!l':\gor further cov~nanll and a~eel with Mootg1~ aa follows: I, To pav all \Urns inclurlinl interelt aecured hereby when due, IU provided for in saia prorniuory note and any renewal, extension or moclification thereof and in this mortgale, all such runu to be payable in lawful money 01 the United SUte1 of America at Mort~av:ee's aforesaid prinripal office, or at IUch other place .. Mortgasee may detisop.te in writin., 2, To pav when due, and wirhout requirinl any notice front Mortga~, all laXe1, oUJeMmenta 01 any type 01' nat\l1"e and other lhar~es levied or asses~d a~ainst the premiael hereby encumbfored or any intenst of Mortpge therein. To immedi- ately pay and di"har~e any claim, lien or encumbrance asainst stl('h premises whi<'h m~y be or become superior to this men. ""ge and to permit no default or delinquency on any other lien, encumbrance or charge against such premlaes. ;\, If requir..d by Mortgagee, to aoo mak;-monthly deposits with Mort'la!l:ee, in a non-interest beannl account, ~ether with and in addition to interpst and principal, of a lum equal to one.:welfth of the yurl., ta'eI and useumenU which may be ie\'i~d av:"in.t the premi~s, and (if so required) one-twelftb of the yearly premiuml for insurance the~ The amount of such tal<.... as\e\Sments and premiums, wh..n unknown, Ihall be eltimatpd by MortgaRee. Sueh depoeiu sh.u be u-s b, W~ to pay such tn..s, a....mn<:'nts and pr..rniulTtl when due, Any insuffidency of such account to pay .uch ('ha~ wbeIt due IhaJt be p"id bv MOrlral(or to Mortl(al(~e on demand, If, by re..son of any default by MOrt81l10r under any pl'O\iliOll 01 thiI mono !l:av:e, MOrlll:al(ee declares all ,urns secured hereby to be dul' and payabl~, MortgaJeC may then apply any funcla in Aid account ~v:ainst rhe ..ntire indebtedn.... !..cur..d hereby. The enforceability of the covenants relatinl to tax~, aueaamenU and insurance premium I her~in otherwi~ pro\'i<1ed shall not be affectt'd except in 10 far a.s those obli!f&tions have been met by compliance with rhis p"r~ll:raph, Mortl(al!ee may from time to time at ill option waive. a.,d after any such waiver reinstate, any or all provUiona hereof requirin~ \Uch deposits, by notice to Mortgalor in writing', While any luch waiver is in effect Mortcacor ahall pay U&eI, ,"seuments and imurance prerniums as herein elsewhere provided. 4, To pay all taxe., stamp tax or other charge which m,y be a_..~d upon this mort<<a~, or said DOte, or ~ ~cur..d h~rt'bv, without rt'<;ard ,n any law, Federal 01 State. heretofore or hereafter enacted, impotinl payment of all or any part ther..of upon Mortgagee, In event of enactment of any law imposing p;\ym~nt of all or an., portion of any luch !aXel upon Mort<;av:..e. or the renderinll: by any court of last resc.- t of a decision that the undertakinl by Mortgagor, AI herein p"uided, to pay such tax or taxes is I..gally inoperative, then, unieu Mortgal1:or n~\'ertheleJJ paYI such taxes, all IUrns hereby leCured; without any deduction, .hall at the option of Mortga~ become immediately due and payable, notwithnanding anythin<< contained herein or any law heretofore or her~aft..r enacted, 5, To k~ep the premisN insured against Iou or damage by fire, winc~tonn or extended coverage and Ncb other hazarcU .. may be required by Mortl(;\gee, in fonn and amOtlnts latisfactory to, and in insurance companie1 approved by Mortgagee, and with ..cceptable mortll:al(ee loss payable clauses lIttached. Such policie., to!tether with IUch abstracu and other title evidence .. may be r('quired bv Mortgagee, shall be cielivered to and held by Mortga~ without liability. Upon foreclosure of this mortps-e or other acquiSlrion of the premi",s or any part ther-eof by Mortgagee, said policies, abltractJ and tide evide:1C~ .haD become the absolute property of Morllp~ee, 6. To first obtAin the written con~nt of Mortgr.gK, such consent to be Ifrantt'd or withheld at the IOle diJCretion of such )lortl(agee, ""fore (a) removin!!, .)r demolishing any building now or heff'aft~r nec.ed on the premises, (b) alterin<< the arran~. fnent, de.iv:n or structural charader there"f, (c) malting any repairs which involve the remo~'al of Itrultural parU or the I~xpo"'re of tht' interior of such building t!- the el~l1"enll. or (d) except for domestic PUrposel, cutting or remo\.ir.g or permittml' . th.. cuttir.g and r~mo\'al of any trees or timber or. the pr-emi~s. 7. To maintain premises in l!ood condition and repair, including but not limited to the ma~nlr of such rep~irs :.u MortPlee may from time to time determine to be necessary lor the pre~rvation of the premiaes and to not commit nor permit any w:.ute thereof. a, To comply with all law.. ordinances. regulations, covenants, conditions and l'eltrictioDS affecting the premises, and not to suffer or pennit any violation thereof. 9, If Mortl(a!!,or failJ to pay any claim. lien or encumbrance which i. luperior to this mortgage, or, whm due, any tu 01' assessment or insurance premium, or to keep the premises in repair, or ahall commit or permit waste, or if there be commmced ;my action or proc~edinv: aff~ctinl! the prerni~s or the title thereto, th~n Mortgagee, at its option, may pay said claim, lien, encum. brance, tax, ass~s.mt'nt or premium, ....ith right of subrogation thereunder, may make such repain and take IUch ll~pI .. it deema ad,'isdble to prevent or curt' such w:cte, and may appear in any luo;h Ilction or pr-x~l;n<< and reta;., counsel d.erein, and take such action therein as Morrl(agee tieerns advisable, and for any of said purposel Mo~ may advance ;ucls ''.lnu of moner, including all COsls, f~es and other itelTU of ell:pense aJ it c'eenu neceuary. Mortp~ Ihall be the sole judgoe of t~e lesality, validity 3r,d priority of any sUlh claim, lien, encumbrance, t;:<x. aueument and pI'l!l"Oium, ar..d of the amount neceaary to be paid in Jatisfaction th~reof. Mortgal(ee Ihall not be held aC\2:Jnuble for any delay in maUJ1( any auch pa)'TI'.ent, which de~T may ___..J. :.... .U"'V ~rf,.titinn:ll ,nt"rr-d ro.; charRel or e~oenJC otherwi.Je. 10. Mortgagor will pay to Mortgagee, immediately and without "demand, all sums of money advanced by Mortgagee pursuant to this mortpga. together with interest on each such advancement at the ra.te of 6!% per annum, aDd all such Dums and interest thereon shall be secured hereby if made by Mortgagee for the account' of Mortgagor because of Mortgagor's default. 11. All sums of money secured hereby shall be payable without any relief whatever from any valuation or appraisement laws, 1> f\ <I '~