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Home My WebLink About1731 'b!t 281. lIlII! J ,. I ST. LUCIE COUNTY, FlA. TOOETHD. WITH aD aad lIinrulu \be -.--, Mndi.....ta ... 4J1Ii.l .......... 11" ~~ .119" III ....... thereunto appe~ aod the ra.ta, __ aod Jn06ta tbenol, ADd alia .b 1M ..... ....... -.... ..... MIll .. cW. MIl demand wha~, .. -a in law .. ia e-tuily, 01 the .aid Wclrtpp ill aDd eo th. ~ iDtIedlat bat .. ....... to: (a) All rents, profits, nwnua, rorahiet, rlPu an(f beaefib dulvtd fI'OIIl (1) CftPI ..-. .'.." ...... ... J10dMe of the lOti otherwile (2) oil, .... 01' mirwral leuc 01 the premilea or Uty put dweof, __ ...... ., ~ .... ... (~) all otMr reob, i5tuCl aM proftb 01 the ~ ffOlD time to time accruin" whether __ ..... CII' ....... .ow .... or hereafter created; in eAch IUch c.aae with tbe riPt in the Wort~ hQt ~1y _at Ita opcioa, eo I'1ICIl'Ift .... rweeipt ""'or and to apply the lAme u it may elect to any indebted_ IICCW'ed hereb,-, aod the ~. at hi .,.... _, ~ .. .. lUld recover wy luch paymf'nt'. ~.......,;,,~ '" !~ ~~rtgAlO', however, 10 kills .. lAid WortPlOt' is DOt ia ~ ....u..., .. right to recei..... and retain luch rents, i..ua and pr06ta. (b) All judl1Jlents, award I of dama~ Met acttlementa hereaI_ mad. &I a result ~ or in 11ft 01 ...,. takJar of the premises or any part th~reof under the power of eminent domain, or fOl' any damap (wbethu ~ br IllCh tUinc or odlerwbe) to the premi.es or the improvemenll thereon or any part thereof; lu_h part 01 any JUCb judrment, award or lettlement, u W Mortgagt"C may ~lect to be applied to tM indel::tedne.. hereby IeCUred and the balance thereof, if any, to be reserved to the party or partiet otherwi~ entitled thereto. TO HAVE Al'm TO HOLD the above lTantt'd anJ de.cribed premise. to the said Mo~galee, iu m<<e.Gn and Im,n., forever, a.~ 1>11 ..;~ .""'8 tv" IInl InnL, illl~ . ..HIlI lln till. II I"~ &all. ....a ii _hR. .. -p' ~ tlte 1"1.1.., n' in If r" ,UJlIJ lu 11I1 u; pr'Wided alwaY' that ifMOrtPROr thall pay 'to Mort,AA'" cIult ~ ~ ... ahoft described and shall perfonn aU other cownants and conditionl of said pronUlIOl"( ~te, and of any renewal, extension or modi. fication thert'Of. and of this mortgage. .hen thil mortg"lC and the estate hereby cre~tffl than CUte and be null and void, Morllilagor further covenanU and a~s with ~ortg..ee at follows: I. To pay aU IUrns including intue.t eeclSt't'd he~by whm due, III provided for ;=- said promieeory note and any reoeJ.l, extension or modification thereof and in thiJ mortgalC, all luch IUnu to be payable in lawful rnone-y of the United 8t.:e-I~ ,"merica at Mortl!!al(c~'s aforel3id principal office, or at luch other place &I Mortgasee may detisnnte in writin,. rr 2, To P3Y whtn due, and without requiring ar.y not!;:f: from Mortgalfe'e, all tax~. a~l'1tl 01 any type or nature and oth~r char<:es le\'i~d or as.'~ssed a~ainu th~ premises hereby encumbered or Any inte~u of Mortgage therein. To immedi. ately pav and di.charlitt any claim, lien or encumbrance a~Jt 11Ich premiJe1 which may be or become superior to this mort- gag~ and to permit no defllult or delinquency on any other lien, encumbrance or charge -agairut luch premi.es. 3, If required by Mortgagee, to allO make monthly dep:>liu with Mort'la!{cc, in a non-intereat bearing ao:ount, to!etber with and in addition to intereu and principal, of a lum equal to one-twelfth or the yearly taxcI and UleJltDenU which may be levied al(:\in.t the premi~s, and (if so required) one-twelfth of the yearly premiunu for insurance thereo:\. The amount of IUch tax~s, :U~5!ments -ind prtmiums, when unknown, Ihall be eltirnatr-d by Mort!&gee. Such deposits ~an be uJed by Mortppe to pay such ta)tes, a..cssm~nts and pr..miums whL-n due. Any ilUuflid~ncy of such account to pay .uch cha~ whefl due shaD be p3id by Mortvagor to Mortg3o:ee on demand. If, by reason of any default by Mortga~r undcr any proviaion of thiJ mort. . l(al(~. Mortll:3l(Ce declarts all mms sN'ured hereby to be due and payable, Mortgagee may then '1m any !Undl In tald ac=unt ~lZainst the entire indt'btedne.. !ecur~d hereby. The enforceability of the ~nants ~Iatinl to taxC1, asseumenU aDd inaurance p~mium\ her~in otherwise pro\'icl~d shall not be affected except in so far as thOle obligations have been met by compUallCe with this paral(raph, Martl!"al!"ee may from time to time at its option waive. and after any IUch waiver reinltate, any or all provWODl h~reof .....quiring such deposits, by notice to Mortgasor in writin,!, While any luch waiver is in effect Mortgagor Jha1l pay taxes, :u'C!smenlJ and insurance premium. a, herein elaewhere provided. 4, To pay all taxes, stamp tax or other charge which m3Y be assessed upon thil mortpge, or said note, or indebtedl!eII ~cur.,d hereby. without r~o:ard to any law, Ft.-deral or State. heretorore or hereafter enacted, imposinl payment of all or any part thereof upon Mort~agee. In ~ven! of enactment of any law imposing payment of all or any portion of any IUch taxes upon Mortgal(e~. or the rtndtrinl( by any court of laJt resort or a decision that the undtrtaking by Mortpsor, AI herein provided, to pay such tax or ta~el is l~gally inoperative, then, unleu Mortga~or ne\'crtheleu pays such taxes, all luml hereby aecured, without any deduction, shall at the option of MOr!gaSCC becorm immediately due and payable, notwithatanding ;snythinl contai"ed herein or any law herctofor~ or her~after enacted. t ~, To keep the premise. insured ap.inst Iou or damalC by fire, windstorm or extended covenge .md suds other huardJ AI may be required by Mortgagee, in form and amounts satiafactory to, and il'\ insurance companies approved by Mortgagee, and with acceptable mortgal(ee 1015 payable clauses attached. Such policies, together with such abstracu and other title evidence &I may be rcquir~d by Mo~tg:\gee, shall be delivered to and held by Mo~agee without liability. Upon forecloeure of thiJ mo~ or other acqui5ition of the premi~s or any part thereof by Mortll'llfee, laid polides, abltracts and title evidence thall become the absolut~ property of Mortl!"agee, 6, To fint obtain the written consent of Mortlascc, IUch con~nt to be !lranted or withheld at the lOll; diacretion of .uch Mort!lage~, befo~ (...) removing or d~molishing any buildirl!; now or hereafter erected on the premises, (b) aherios the arrapre- ment, de,il(n or struclural character thereof, (c) making any repaiu which involve the removal of Itructural pam or\fhe expo,ure of th~ interior of such building to the elements, or (d) cxcept for domettic purpoeet, cuttinl or remO\.lnl or permiujng the CUlling and removal of any trt:el or timber on the premiJea, (;" 7, To maintain pr~mi~1 in good condition IlJld rep.&ir, including but not limited to the makinl{ of luch repain AI MortPlee may from 1;!'T1e to time d~termine to be neceuary for the pre~rvation of the premiJet and to not commit nor pefr.lit any waste thereof. 8, To comply with aU laws, ordinancel. regulations. covenants, conditions and restriction, affecting the premises, and not to suff~r or permit any violation 'hereof. 9. If Mortgagor fails to pa)' any claim, lien or encumbnlnce which is luperior to this mortgage, or, when due, any t&.'ll 01' a..~ument or insurance premium. or to keep the premise, in repair, or Ihall conunit or permit waste, or if there be commeuced any action or proc~eding affectinl( the premises or the title thereto. then Mortgagee, at ib option, may pay gid claim, lie:!. encum- brance, tax. aueument or premium, with right of JUbrog~tion the~under, may make sU<'h rej>ain And take luch Itepa &I it decma advisdble to prevent or cur~ such waJte, and may appear in any luch action or proceeding llnd retain counael therein, and take such action the:~in lU Mortga!lee deeml advi",bl~, and for any'of I..id purposes Mortgagee lI'.ay advance auch lume 01 morH!7, ir.cluding all costs, fees and other itunJ oi expense aJ it deems necessary. Mortga~ aha}} be the IOle j\.:dle of the les'ality, validity and priority of any such cia.:m, lien, encumbran<:e, tn, aueum~nt and ptelniwn, and of the amount :1KeIIary to be paid il'\ satisf:,ction thereof. Mort!lagee thall not be held accountaMe for any delay in mwng allY IUch payment, which delay may __~s~lt in any additional int~rest, cO!t, charges or expense otllerwuf:, 10. Mortgagor will pay to Mortgagee, immediately and without demand, all sums of money advanced by Mortgagee purAuant to this mortgage.; together with interest on each such advancement at tht: rate of 6t% p€r annum, and all such sums and interest thereon sl.1all be secured hereby if made by Mortgagee for the account of Mortgagor because of Mortgagor's default. 1 L All sums of money secured hereby shall be payable without any relief whatever from any v3.luation or appraisement laws. ) )