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Home My WebLink About1740 ib~i 290 7 ~ ~ ST. LUCIE COUNTY. flA. TOOITHBll WITH aD and ainl.m. the tenemenU, hueditamenll and appurtenancel thereunto belonginl or in an~'N1.e thercunto appertAininl and the renu, ilaues ..nd pIOllta tht'::nlOf, and alto all the ~tate, ri~ht, title, interell ami all claim and clema.ad wha~r, u -n in law u in equity. of the Aid Nortgaaor in and to the s&J1le, including but not limited to: (a) All rents, profiu, revenues, ~t_ rirht. and ~nefiu deri\'ed from (1) crop' grown on laid security and produce of the soil o:herwiac (2) oil, las or mineral Ieuea of the premis!1 or any part thereof, now existing or hereinafter made, and (3) all other rentl, wuel and profits of the premiaes from time to time accruin!, whether under le.uel or tenancies now exist;ng or hereafter created; in uch IUch CAR with the rilht in the Mortgagee, but only u its optior., to receive ar.d receipt theref:>r and to apply the aame as it may ,.lect to any indebtedncu aecured hereb" and the Mortgagee, ilt ill option, r"ay demand, sue for and reco\er any suc~. paymf'ntJ., mervinl to the MortPr->r, hoW~r, so lon~ as said Mortgagor il not in ddault hereundu. the right to receive and retain IlICh rents, iuuea and pro6U. (b) All judgments, award. 01 dam&lft ani lett"~menu hereafter made as a result of or in lieu of an) ta\ing of the premilCl or any part thereof under the ~r of emiprnt domain, or for any dama~e (whether cau~ by such taIling or OIherwioe) to the premites or the improvements thereon or any part thereof; luch part of any such' judgment, award 0r settlemen!. a. the Mortgagee may elect to be applied t;) the indebtedncu hereby aecurffl and the balance thereof, if any. to be re.erved to the party or parties otherwite entitled thereto. TO HAVE AND TO HOLD the above &ranted and deacriW premiles to the laid Mortgagre, it> lucceuorl and auigm, forever, n,l .1.1' ff'''' Ih-t8'8 r rlllr II. '~l hil, L I' I II.- L:tl. lil l,J.ili b Ii, Jl Ii :11 lilfr~A I~' ....s 1''' . -, .... I,,,r..l _'.' _ _r .11 f1' .1 ill..r I IF; provided alwaY' rhat if Mortgal(or shall p,'y to ~{orllps:ee that certain promissory note above deacriW and Ihall perform all other co...e.unU and condition. of said promiuoo1' note. and of ai',)' renewal, extenlior, or modi- fication thert'Of. and of this mortgage. then thil mortgage and the e'tate hereby cre"terl .hal! c~"'e a"d he !lull and void MortlAsor further ~-enants and a!reeJ with Mortgagee as follow I : I. To pay aU lurns including interest secun"d hereby when due, as pmvidr-d for in laid promiuory !lote and any r..newaL extenlion or modification thereof anti in thia mortgage, ,dl-such sums to be payable in lawful monev of the L'nitcd State. of America at Mort!(ll~ee'l aforesaid prindpal office, or at luch other place as Mort,!agee may designate in writing, 2, To pay when d\Je, and without requiring any I'1'Oticc from Mortga~r. all tau., ~..~ument!' of :.ny type or nature and other charge. levied or aneued a'!ainst the premisel hereby encumbered or any intrrr',t of ~hrtl(a~e therei:l, To immedi- ately pay and discharge any claim, lien or encumbrance against' snch ptemises whirh !l13Y be or become mperior to thi. mort- gap and to permit no default or delinquency on any other Len, encumbrance or charge against ~uch premises, 3, If required b)- Mortgasee, to also make monthly deposits with Morts:all;('('. in a non-interest hearinl( account. tOl(ether with and in addition to interest and principal, of a lum equal to one-twelfth of the yearly taxes and as!essmenlJ which may be levied AllaiMt the premilCl, and (if 10 required) one-tweUth of the yearly premiums for in'"rance thereon. The amount of such talles, asseumenu and premimm, when unknown, ahall ~ estimAtPd Iw Mort,!al(ee. Such deposits shall be used by Mortgagee to pay such taxes, auepmentJ l\nd premiums when due. Any insuffidency of .uch account to pay such charges when due shall be paid by Mortpsor to Mortgagee on demAnd. If, by reuon of any d~fault by Mortgagor under any provision of this mort- Ita!(e, Mortgasee declarel an sums ltCurffl hereby to be due and payahle, Mortgagee may then apply any funds in said account IIltainat the entire indebtedness secured hereby. The enforceability of the cO'o'enants relating fO ta"e.. assessments and insurance premiums herein otherwise provided Ihall not be affected except in so far :U those oblis:ations ha\'e been met by compliance with this paralfT&ph. MortlAgee may from time to time at iu option waive. ilnd aher any IUch wai\'er rein;tate. any or all pro\'i,:ons hereof rcquirin<< such depoliu, by notice to MO"laaor in wrilins. While any such waiver is in effect Mortgagor Ihall pay taxe.. aueumentr and insurance premiums.. herein elsewhere provided. 4. To pay all tans, stamp tall or other charge which mlY be assessed upon thiJ mortgage. or aaid note, or indehtedness secured hereby, -" hout ~ud to any law, Federal or Sute. heretofore or hereafter enactt'd, impoling payment of all or any part thereof upon Wortpsee. In event of enactment of ani law imposing payment of all or ltny portion of any such taxes upon Mol'tI~, or the renderinl by any court of last relOrt of a decision that the undertaking by Mflrtgagor, a..s herein provided, to . pay Neb tall 01' taxes il lcsally inoperative, then, unleu Mortga~or ne\'erthelru pays such taxes. all sums hereby ~cured. without aay deduction, shalt at the option of )-Iortpree become immediately due and payable, notwithnanding anything contained herein or any law heretOfore or hereafter enacted. 5. To ~ the premises insured ap.iDIt loll or damase by fire, ..indatorm or extended coverage and such other hazards a..s may be rwqWred by Mortl&see, In form and amounta aatUfactory to, and in insurance companies approved by Mortl(agee, and with .~le ~ loa. payable claUlel attached. Such policies, together with I\1ch ,.bstracU and other title evidence as may be req\lired by MOftpICC, than be delivered to and held by Mor-tpgee without liability, Upon foreclOlure of thil mortgAge or other ~tiOD of the premiaes or any part thereof by Mortgasee. laid policies, abatracts and title evidence Ihall become the aholute pl"Operty of Mortplft. ~, To fin! obuin the written COMent ol W~ luch co~nt to be granted ~~ withhelc! at the sole discretion of sucj. Wonpree, before (a) nmov1.nl( or demolishlnl any buildlnl now or hereafter erected un the premises, (b) altering the arran", . ment, de.1i!PI 01' struC\ural character th~reof, (c) makin<< any repairs which involve the removal of atructural parts or thJ ~r-c c;( the intericr 01 Nch buildilll to> the elements, or (d) except for domestic purposes, cutting or removing or permilti~ fIIhe cuttiar and removal of aay trecI or timber on the ptemUa- ~ " To tnaintain pt't!mUes in sood condition and repair, including but not limited tv the makin~ of such repairs as Mortgagee may from time to time determine to be neccuary for the pretervat10n of the premises and to not commit lor permit any waste thereof. a. To comply with all laws, ordinanet:s, resulations, covenants, conditions and restrictions affecting the premi~l, and not to lUfler 01' permit any violat.ioa thereof. 9. U MOI'tpIOI' faili to JnY any claim, lien Of encumbran<< which i. IUperior to this I'T!(>rtga!!,e, or, when due, any tax or ~t Of IuuraMe premium, 01' to ~ the premPes In repair. or aba1l commit or permit wute, or if there ~ commenced MY action .... prouedins a.Recdng the premiaes 01' the title theuto, then Mort~, at its (option, mAY pay said claim, lien, encum- brance, tu, ~t or premium, with ri&bt of IUbroption thereunder, may make such repain and take luch Itep' as it deems ~ to swev-t or cure auda wute, and may appear iAi any lucb action or proC'ee<lii\1 and retain couruel therein. and take :;uch a:tion therein at ~ortppe deems advisable, and Cor any of aaid Purpoee$ Mortp~ may advana auch IUrns of money, iDc:1udin, all COIU, feM .nd othe..' Items of eltpenll! Ai It deen.s neceoa.ry. }.(~aree .hall be the sole jud~e of the legality, Vlltidlty a,~ priority of any IUCh daim, lim, eO\.umbrance, Wt, ~t and premiwn. and of the amount neeeaary to ~ paid 1a p:Waction tber:of. ~ortp.gee shall not be held aexountable for any delay in makinI any Neh payment, which deby may ..-alt ill allY add1aou1 iIUaat, CCI!It, cha."IU ut 5peDII ~. 10. Mortp.eor will pay to Mortgagee. immediately and without demand all sums of money advanced by MOr1~lee pursuant to this mortgage together with 'interest on eaci1 such advancement at the rate of 6.Lrt ~er annum ' d 11 h i . th ba! r/O r · 8.n a sue sums and Mnterost ebreoa 8 .Ll be '-ecured' hereby if made by Mortgagee for the account of ortga.gor ecauae of Mortga,or '8 default. 11. _ArU sums of money secured hereol shaH be ~'able without any relief wbatevc:. rom any valuation or ..ppr~sf,nn'ent laws.