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Home My WebLink About1746 ,- _._-~----~.__._.- - J',' O. R: 8~~l 7 1'\'1 -, ';"J\J ST. LUCIE COUNTY, FlA. TOOETH!Jl WITH all and sinl'1lar th.. tenem'!nU, hereditamenu and appurtenances th~reunto belonllins or in anywlte thereunto appertaininl and the rents, i.ueI and profiu thereof, and &1ao .11 the e-tate, right, litle, intert'Sl and all claim and demand whaUoe~r, &I well in lAw &I in equity, of the a.a.id MortllAlOl' in and to the aame, inc\'Jding but nOI limited to: (a) All rents, profits, rewnuea, royaltlea, rishtl and b<>nefits d~ri,~ from (I) crops gn: wn on laid ~curity and produce of the toil otherwise (2) oil, <<lU or mineral leaaes of the premises or any part thereof, now ~xi.ting or hN~inaFt~r made. and (Sl ail other renu, wuel and pro6ta of the premiaea from time to ti.r.e an-ruing. wheth~r under leases or tenanci~s !lOW ~xisting or hereaFter created; in each luch cue with the right in the Mortlla~ee, but only at it! option, to reni\'e and receipt therefor and to app:-' the pme .u it may ~lect to 1lJ1Y indebtedness lecured hereby, ar.d the Mortga!(ee, at its option. may d~mand, sue (or and reco.'er any such pa.ymen:s, re~r..:nl to the Mortlfagor, however, so long as ..id Mortgagor i. not in default hereunder, th~ richt to ~ei\'C and letain luch renta, i..u~ and profits. (b) AU judsmentJ, awudl of darna<<el and aell)~menU hreafter made as a r~sult of or in lieu o( any taking of 'he )lRfniIea or any part thereof under the power of eminrnt domain. or (or any damaRe (wh~th~r cau~ br such taking or oth~rwi~ 1 to the premi," or the improvl'ments thereon or any part thN~f; such part o( ..ny .uch hldgment. award or sell\~ment, as the Mortgascc may elect to be applied to the incehtedneSl hereb)- ~cured and the balance Ih~reor. if any. to be r~serw,d 10 th~ party or partiea otherwise entitlt'd thereto, TO HAVE AND TO HOLD the above gr"-nt~ and describt'd premi.." to the ..,id Mort~a;:i'e, its lucces~rs and auig'a, lo~rt and .. .ill )(~.'AJ..8.f JIBI l~r.lb, (_II, ..._.~..ut \1._ l:tJ,. I..... ~:..l Ib"~t ....<1 n:n A~L..l ~.ke __11 I &8'awut tAW },..A...l elri_ If aU pnn'll L '--"-r; provided always tha: if Mortgal(or shall pay to ~{ortl(a;:ee that certain promissory note ab0.-e described ar.d Ihall perform all other covenants and conditionJ of !aid promilsory note, and o( any renewal, cxtt'nsion or modi- fication therf'Of, and of this mortgage. tnen thil mortgage and the e<!atc hrrt'by ('I'1'1tr<i .hall cea't' anel ~ nlll1 and voici Mortp:agol' furth~r ('ovt'nanU and atr~ with Mortgagee as follows: ,p ~ . 1. To pay aU sums including interest lel' ;lrcd hereby when dul'. as providt'd for in l3id promissory nole and any renewal. estension or modificl.tion thereof ancl in this mortgag~, all iUch lunll to be p:\\':lble in lawful mone\' of thl' l'nitl'd St,,!es o( Amer-ka at Mortp:a;:c-e's aforeuid prinripal office, or at such other place as Mort!':~'I'~~ may d~si'l'nate in writinl(, 2. To pay when due, aDd without requirinp: any notice from MOrlv.a;:~f'. all taxr" a,'eSSlnrnts of any type or nature and other charges levied or IIJS('ssed againJt th~ premi~e. hereby encumbered or any intNc<t of M"lrl<::ll,e there;" To immt'di, ate}y pay and dilChuge any claim, lien or en('umbranc~ against l1lch prt"mi<~1 whirh ma\' be or berome <upt"rior to this mort, PI'! and to permit no default or delinquency on any other lien, encumbran('e or char~e against mch premi~I, 3. If required by MortplCC. to also make monthly deJn,its with Mort.pll;l'(" in a non-interest bearin;: ar('o'mt. to;:ether with and in addition to interelt and principal, of a SUll, equal to one-tw~1fth of Ihe y~arly taxe. and auessments which may be levied a~inu the premiJes. and (if 10 required) one-twelfth 0: the yearly premiums for in_uran('e thert'on, The amount of !uch taRt, asteUmeDta and premiums, when unknown, .hall be eltlrnat~d by Mortgal{cc. Such depo!its shall be used by Mortgag~e to pay tuch taxes, asaesamenU and prerroiuma when due. Any insuffidency of mch al'count to pay mch rhar!,:e! wh~n dul' Ihall be paid by Mort<<qor to MCortgagee on demand. If, by reason of any dl'fault by Mortgagor under any provision of this mort. I~, Mortl&Jee declares all luma le<'ured hereby to be due and papble, Mortgagee may then ,lpply any fundi in ..id account lI~rut the entire indebtedness lecured hereby. The enforceability of the covenants relating to taxe., assessmcnts and insurance premiUI'f\l hereinotherwiac pro\-ided IhaU not he affected except in 10 far as those ohlillations have been met by complian('~ wilh thi~ p:uallTllph. Monpgee may from time to time at ita option waive. and after :my such wai~'er r~in'tate, any or all provisioOl hereof requiring such deposiu, by notice to Mo~tlagor in writin~. While any surh waiVt"r i. in t'ffect Mortgagor shall pay taxel, IUleSQlltftta and insurance prl!1T1ium, &I herein ebewhere provided. 4. To pay aU taxet, stamp ta:Ir or other r.harge which m~y be a_"ed upon this mortgage, or said note, or ind~btedneu ~ured hereby, without tclliard to any law, Federal or State. heretofore or hereaftt"r enacted, imposin!{ paym~nt of all or any put thereot upon Mort~. In event of enactment of any law imposin~ pllymt'nt of all or any portion of any luch taxes upon M~, or tne rendering by any court of I&lt resort of a decision that the unrl~rtakin~ by Mortgagor, as herein provided, to pay Neb tall or \aXel is lerally inoperative, then, UJ'Ileu Mortga!ror ne\'crtheless p3YI such taxel, all surru h~reby secured, without any deduction, aha1l at the option of Mortpgee become immediately due and payable, notwithlunding anything contained herein or any law ~retofore or hereafter enacted. 5. To keep the pro:mUes ir....ured qailUt Iou or darnqe by fire, windstorm or extended coverage and luch other hazards u may be required by Mort~agee. in form and amounU ..tilfactory to, and in imurance comp:.nil's approved by Mortgagee, and with acceptable mortgagee Iou payable c1awe-s attached. Such policiel, together with lu('h abstracts and other title evidence u may be required by Mortgalcc, ~han be delivered to &I1d held by MOI't4asee without liability. Upon foreclosure of this mortgage or other acquisition of the premiael or any part thereof by Mongascc, ..id policie,. abstracu and title evidencl' Ihall become the abaoluto property of Mortgasee. . 6. To 6nt obtain the written consent of MortPICC, IUch con<oent to be !{ranted or withheld at the IOle discretion of lch M~. ~ore (a) removir.1 or demolishing any buildins now or ht'l't'a!tt": erfi!ed on the premi~" (b) altering th~ arra're. 11M3!, deNp Of 1U'UCtus-al character thereof, (c) makirll any repa.iu which im'Olve the removal of Itructural part~ or .the aporure of the interior oflUCh building to the elementa, or (d) cxcept for domestic purpo~~, cutting or r~mo\'ing or permitting * cu<<1r.., and remonJ of any trees or timber on the premises. 7. To maintain premi_ in good conditioft a."ld repair, including but not limited to the makinll: of lurh repairs as Morigagee may"'" Ii,. ~ time detenaiDe to be neceuary for the pr-eserntion of the premises and to not commit !'lor permit any waste therr.of. 8. To CCIIIIpIy with aD Ia_, ordinancel. regulationl, covenants. condition, and reltrictions affectinl the premise!. and not eo "'er 01' permit any \-joI..Ation thereof. .... 9. If Wort(apI' fails to pay any cla.im, lien or encwnbratlCe which iJ IUperiot' to this mortgtge, or, when due, any tax or MIItaImrlIt or ~ pRmllm\, or to keep the premiteI in repair, or ahaU c:ommit or permit wane, or if there be commenced -1 loCtion << pr-oc~1 UfectinS' tM premis.eJ or the title ~to. then MortlASCC, at its option, may pay said claim, lien. I!ncurr.- ;'-'anc.e, t.oJt, u;enment Ol' pnwllItl, witi:l right of luhrogation tben:Iladcr, ILaY D1&ke IU<'h repa.in and ukI' Illch ltepa &I it deema ~b~ to JIR'-ent 01' ClJte such WUUl, and may appear ill any aueb ~tion or proceeding and retain rounad therein, and take NCh ..etJoft dletetn .. }dOrtp~ec deema adviJable, and fer &I1Y ot aai.~ purpoteI }.l~e may advance aueh lumI of mon~.,., mcludm, all W5U, fee. &l:d 0",<< i.lel',... of C!'llpmM &I it d~ necessary. M~ aha1l be the sole judge of the legality, ftUdit, ~nd priority of any auch claim, liV\, etlClUI1braDce, tax, ~nt and premi\l1D, and of the amount !)~a.ry to be paid iD Illtillfaetion thenol. Mortgape shall not be held ec'COIIIltable for III}' delay in III&kiftI MY such payment, which deL.y may __~ i.. ..... ..Mlm..-..I 10,..._, f'OIt. dsanrM 01' ~ ctherwfse. 1~. MortPlor will j>a)' to Mortiaiee,immedia~ely o.nd without demand, all l:iUffi8 ot money advanced by Mortgagee purBUU\t to this mortgage, together with interest on t\a.eh 8fleh advancement at the rate of 6~ per annum, and all S'\lch sums and interest thereon shall be secured hereby if mAde by Mortgagee for the account of Mo~or beca.uae of MortPlor '$I default. 11. AU .\l1IU~ of money secured heret,y oball be payahle without any relief wbatct'V1tl" from any lUAt1~" o.r app'r~semeI1t Ja:ws.# " ~.,cW. ,-~~, ;" "-,,-~,..~,-,~~~::..._.,..f.~ '~:,_..~. .... .. .