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Home My WebLink About1725 "-_~-"''''~l'':._....._;.-~.. ::-:-.........:~..:::.':::.:',.:-::::::.:;:':,t........'_~.... Wi 7 275 ::j~ ST. LUCIE COUNTY, rl A. - TOOlT!IEIl WITH a1t aM I1DtWu the ~... 1MNd.i....... ... -h-I .1U1lC_ __~ 11'1 ... ad. IIII)'W(Ia thereunto appertainiA. &lid the reDta, la_ aAd pro6l1 'benot. aad .., all 1M ~ riPt. .... ..... ... AI daIa ... dcm&nd wbaltOf'VCT, .. -U ba law AI in equity, f'f the .sid WtlrtpCor ia nd to tin ..... ~ ..... ..... "I (a) AU rents, pro6U, l\."YeJ\'Uea, royaltiea, rich~ ADd bdcAta derived &0. (1) CIopI IN""' .. ..w JeCWitr ...s JrCMt- of the soil e"therwile, (2) oil, .U or mineral Ieaaa 01 the ~ 01' aay part tbenIoI, _ adIdslc of ~ ...... .. (3) all olh~r rents, I.~ and pro6ta of the prerm- from time to dme auruinc, whdW under __ or "'""-"" _.... or hereaft..r created; in each .uch cue with the rip, in the Wortppe, bln oa)y..At ill "'fIdea, .. ~ ... r..q. ~ and to apply Ihe pme .. it !MY elect to any indebtcdnew leCured heret,. IInCt the Wortppe,... ita ..-. .., .r-:--~. .. few and ~cO\ er any luch payments, resen'inl to the MorttPlOl'. howeYer, 10 Iont .. eaid Woncator Is DOt in default Mnumder, the right 10 receive and retain IUch renu~m- and proAu. (b) All judgments, a..ards of damacea and "'ttJementa hereaiter' IIUIde IS . rauh 0( or in lieu of aay .... 06 the premi~s or any part thereof und~r the power of eminent domain, or for Illy damap (whether cauled by IUCb talWIc 01' otherwiIe) 10 !h.. premi.es or the improvements thereon or ..ny part thereof; luch part of any such judrment. award 01' letdement, &I the Mortgill{t'e may elect to be applit'd to the indtbtednea. h~reby 1eCU~ and the balance tMreof. if any, to be reaerved to the party or partiN c.therwi~ entitled thereto. I TO HAVE AND TO HOLD tft! above scanted ar.d dexribed s;.remiwt to the aaid Mortrasee. ita IUCc:eIIOn and aaaipa, for~v(rJ aM .. .i~ ~ft>.lo_~__ <1-.. !........~I I_H, ro_.......l ll.", a.L. 1_ _:41 ~"..dl ~..4 ......11 ~ led ,~ _~ _'-:".A ... ~_I..d cl~;-' -' pll I'JI'JlU .1 tIlIIIJ ~r: provided alwaYl that if MortlallOr ah&ll pAy to MOrtI&&ee that certain promUlory DOte aboYe d..scrib.-ci anJ shall perform all other CO'.'Cnanla and conditionl of said promiaory note, and of any renewal, ClCteIltioo or modi- ficiltion th.......of. and of this mortga!t... then thil mortgqe and the estate hn~by creatM ahan ceIlte and be nun and YOid. Morlg:tgor furth..r cov~nanlJ and a,-rees with Mortgasee aJ foUowa: I. To pay all sums includin( inK'felt I<<urt'd ht"reby when du~, ~s providt'd for in laid promillory DOte and any mvwal, ..xtension or modification th~reof ami in thit mortg1lle, all luch lunu to be payable ill lawful money 0( the United Stain of America at Mort.~a~..c's afcresaid prindpal office, or at luch other place &I Mortgasee may aminate In writin(. 2, To pav when due. and ~hout requiring any notice from Mortga~, all IUM, a_nla 0( any type or nature and other char~..s levi..d or as....ued a~aimt th.. premises hereby encumbt-red or any intereU of Mortgage therein, To irr.medi. ately pav and di"har~~ any cla.im, lien or encumbrance agaiOJt 11Ich premisn which m~Y be 01' become I\lperiOl' to !hi. mort- gage and 10 ~rmit no d..fault or delinquency on any other lien, encumbranC'C or charge arainst lucb prembea. 3, If required by MortgagM, 10 also make monthly depociu with Mort~agec, in a non-interest beaftnl account, together with and in addition to inter..st and principal, of a lum equal to one-twelfth of the yearly taxes and &lleSllJ\euU which may be levied alp.imt th.. premi~s, and (if so required) one-twelfth of the yearly premiums for imuran<:e thereon. The amount of lUeb t?xes, assessmcnts oftld premiums, wh..n unknown, Ihall be e-ltimAt"'<l by MortplfCC. Such depolita ahall be UMd by Mortppe to pay such laxes, aueuments and pr..mil nu when due. Any in.ru.fljciency of IUch account to pay aud1 cbarp:s when due ahaII be paid by Mortgagor 10 Mortgagee on demand. If, by reuon of any default by Mortp~r under any proviIion 01 th:J moN- . gal{e, Mortl(agee declares all suml lecured hereby to be due and payable, Mortga,ee m.ay 'ben apply any (unda in aaid aCCOUDt i\gainst the entire indebtedness secured hereby. The enforceability of the co..'eI1&lIU relalilll to tue1, ..-nenU and iMuraDcc premium I h..r..in otherwisl' provicled .hall not be affected except in so far a' those obligatio:1I ha\-e been met by compliance with this para~'\ph, Mortg'\l(ec may from time to time at iu option Wl\ive, and after MY such waiver reinllate, any or all pt'OVisiOlll hert'Of r..quiring such dl'posits, by notice to Mortgagor in writin'J, While any luch waiver is in effect Mortprof' Ihall pay taxea. as<eum..nts and inmrance premiums aJ herein elJ<:where provided. 4, To pay all tax..., stamp lax or other charge which m:ty be alle_d upon this mortrage, or laid note, or indebtednea secured her..by, without rrl(ard to any law, Federal or State. heretofore or hereafier enacled, impoaing payment of all or any part th..rcof upon Mcrtl(al(e.., In event of ~nactme'lt of any law impoaing paym~nt of all or any portion of ilny luch taxes upon Mortl(al(~e. cr th.. ~nd~rinl( by any court of lut relOrt of a d..cision that Ihe undertuin<< by Mortga!!,or, &I herein provided, to pav such lax or tax..s is I"l(ally inoperative, then, unless Mortga~or n..\'erthe~u pays such taxes, all IUrns hereby aecured, without anv dcdunion, shall at th.. option of Mortgagee bfi:ome immediately due and pilyable, notwithatanding anything contained herein or any law h..rctofore or h~reafter ..nacled, 5, To keep th.. premis~. insured againlt !oil or darn&<<e by fire, windstorm or extended coverage and luch other huard. at may be r"'luired by MOrll(a!:eI', in form and amount! satisfaclory to, and in insurance companies approvt'd by Mort~, and with acc..ptable mort~al(e.. 10.. payable clal1~s atlached. Such polici~s, tOfo,ether with such abstracu and other title e\o'id~~ &I mAy be rcquir~d by Mort~al(eI', Ihall be deli\'ered to and held by MortPlee without liability. Upon foreclosure of thit mortp.re or oth..r acquisi'ion of th.. pr..mi~s or any part thereof by Mong.i.see, pid policies, a!>>tractt and tide evidence lhan become the absolule properly of Mortl(a~ee, 6, To firsl obtain the writt~n consent of Mortgagee, IUch con~nt to be granled or withheld at the sole docretion of IUch Mortp~~c, before (a) removing or dcmolishing any building now or hCl'1"aft..r ereclt'd on the premi Jl'S , (b) a!terinl the arrange- m..nt, d..,i~n or <Iructural charact~r Ihereof, (c) makinl any repaiu which involve th~ removal of atructura! pam or the ,~po"lI'e of th.. int~rior of such building 10 the elements, or (d) cxcepl for domestic purpo5eJ, cuttinl or r..moving or permittin,J the cutting and remOVAl of any t~ees or timber on the premill'l. ,) vl ~ 7, To maintain premi...s in l(ood condilion and repair, includinl( but not limited to the makin!f of lurh repain at UOrl!asee may from time to tirr.e det..rmine to be n..c..ssary for Ihe prel~n'alion of the prl'miJel and 10 not commit nor permit any waste thereof. 8, To comply with all laws. ord;nances. r..gulations, coven"nts, conditions and restrictions :1ffecting the premises, and not 10 JUif~r or permit any violation Ihereof. 9, If Mortgagor fails to pay any claim, lien or encumbrance which iJ luperior to thil mortgage, 'or, whe!l d..e, allY tax 01' assessment or insurance premium. or 10 keep the premiJl's in repair, or thall commit or permit waite, or if there be commenced any ution or proceedinl( afiectinl{ Ihc premises or the till.. thereto, th..n Mortll"agec. at it. option, ""y pay laid claim, lien, encum- branc.., tax, assessmcnt or pr..mium, with right of lubrogation thereunder, may make lucb repain and take such Ileps at it deems advi,aul.. 10 pr..v..nt or cure IUch wasle, and may appear in any such aClion or proceedinl and relain OO\lJlJellhereil1, and take such action th..r..in as Mortga~..e deems advisabl.., and for ;o,ny of gid purposes McrtlPgee may advance IUCh IUJnI 0( !JlOftC)'. includinl( all costs, feM 'and elher it~ms of expenSl' as it deerru neceasary. Moi"tlagee.hall be the: IO~ judge of the legality, validilv and priority of any IUch ciaim, lien, tRcumbrance, ta~, aSSPssml'nt and premium, and of the amount necesaary to be paid in satisfaction thereof. Mortl{a!!,ee ahall not be held accountable for any delay in makin, ....y .uch payrrent, which delay may .....10 ;n ~nY "iJiJition:!1 int..rest. cost. chulles or CXDf'n.... r.thp'--;uo , 10, Mortgagor will pay to IVlortgagee, immediately and without demand, all Bums of money advanced by Mortgagee pursuant to this mortgage, tog~ther with interest on each such advancement at the --r-a.te of 6~% per annum, and all such sum6 and interest thereon shall be secured hereby if made by Mortgagee for the account .of Mortgagor because of Mortgagor 'J' default. 11. All sums of money secured herebY3hall be payable without any relief whatever from any valuation or appraisement laws.