Loading...
HomeMy WebLinkAbout1749 ib~i 7 299 ST. LUCIE COUNTY. rlA. .,.-,.'~. ., j I TOGEmlJl wlm all aDd ain(ular the teDeSDU1ta, hIftdi....,. UlI ~ ... ttan ......~ .. .. ..... thereunto apperWnin. and the rmts, ~ and proia dKNGI, - ... aU dM ...... ... _ ...... .... . tAla .. demand whauoe~r, U Wf,D in law u in equity, ", daa JI10j Weirtpp ia allod to _ ..... ....... .. Mt ~ .: (a) All rents, profita, revenuea, roy&l~ia, ripts aDd bcaefttr cIeriwd ,.... (1) t:ftIII...... cae ..w ....., aod procl1lClO of the K"il ctherwiae (2) oil, I'" or min~ral Ie>>e6 ~ the premiMa or All' put dMreol, IIOW ~ 01' ~ ..... .. (') all othe; rents, iuue. and profits of the pt~m* from time to time a<r.nliDt, .hether WIlder __ 01' .....-'- DID'lr..... or hereaher created; in each such C&Ie wiLh the filht iD the WcrtPfeO, but only at Ita opdoa, to NCItiore ... nceipt ......... and to apply the aame u it may elect to any indebted.neu aKured hereby, and the Mortppe, at ita opdoe, ma,. ...... ... ... and recoHr any IIIch payments, reaer'\'inl to the MOrtlasor, h~r, 10 &on, u aaid MortPl'Ol' ill not lit del.. It..--, tbe right to receive and retAin luch reniJ, i.auea ar.d pro6ta. (b) AIi judgments, awarda of dama,es and lIettJemenu here.uter made &I a rewlt of or In ... of an., "1akiIaI of 1M premisea t.r any part thereof under the power of eminr-nt dorr.a;n, or for .any d~ (wMther caUllld br tucIt eakhta 0Ir odMrwiIe) to the prr-mi,r-s or tht' impro\'('m..nll thereon or any part thereof; luch part of any su<.b jl'ldlmeDt" awani 01' ~t, U ~ Mort,(al(ce may el..ct to be applied to the indr-btedneu hereby s..'C", red and the balance t"ereof, if any, to be reter"ed to the party or parties otherwi~ entitled thereto. TO HAVE AND TO H0LD the above pnted and d=.-:~'-"d premite1 to the l3id Mortlaree, ita 'uc:ceMOr'I and ~ forever, aa. LA. I . j I r ~. . . ... I .. .' . . I I I I 'n J I ...Ill . t Ibc h.......r.. .Ia' ... ..f ...11 ,_._... ..1.<11 U H: pro\'ided always that if Mort!ta~r aha}} pay to MortJa~ that certaia pI'CIIIliaory note aboYe de.cribed and shall perfor,n all other e-o\'enants and conditiona of said promi..ory note, and 01. any renewal, exteiiAon '" modi- ficatioa therf'of. ano of this mortga!le, then thi. mort/[age and th~ estate hereby creatt'{t .hall t'e~'le ~nc! be null and void. ' Mortcragor furthr-r ('ov~n!lnU and a@'rees with Mortgagee :u followl: I. To pay all s\lms including int..rest securrd her~by when du~, lU provided for in aaid prombeoty note and aJIY NIWW&!, t'xtemion or modification thereof and in this mortgage, all such lunu to be pay~ble in lawful money of the United ~tatet of .....m~rica at Mortl(~crr..'s a(c reuid principal office, or at luch other place al Mortg~e may de.isnate in writinl. 2, To pa\' when due, and without requiring any notice from Mort~aKff, all tneJ, a..woument. of any type or nature and oth..r charl("s Ir\';eo or as,.rsserl acrain.t the premi~. hereby encumbt-red or any intereit of Mortgage therein. To immedi- l<Iely pay and di"har,.. a!lY claim, lien or encumbrant'e against Illch premises which In.'\Y be or bee-orne superior to thil mort. gage ami to ~rmit no d..rault or delinquency on any other lien, encumbrane-e or charge again't loch pre~ 3, If rrquir..d by Mortga"ee, to also make monthly deJntits with Mortll;all:ec. in a non-interelt beanns account, ~het with and in addition to inter..st and principal, of a lum equal to one-t~Uth of the yearly taxes and aneasmenu which may be levied all:,1imt the prf'mises. and (if so required) one-tweUth of the )'earl)' premiuml for imurance thereon. The amount of such tax..s, ;us~S!m"nts and premiums, wh..n unknown, shaU be eltimatrd by Mortga/tCC. Su('h depcKiu thaU be wed by Mortpsee to pay such taxe.. a.<essmf'nts and p~rm:um. when due. Any insuffici~ncy of such account to pay IUch charges when due thaD be paid by Mort~all:or to Mortll'al(ee on demand. If. by r..aio.Jn of any oefault by Mortgill{or under any provision of thi. mort- l(all:r. Mortll'.1crer decl.1res all .ums secured hereby to' be due and Pwahle, Mort!l(agee may then apply any fundi in aaid account ~lI:ainst the entirr ind..bt..dn..s. ...cur..d hr-reby, The enforceability of the cO'VenlUlts relatins t., taxei, auetIDlCnU and inlurance premium; h.-rein otherwise prO\;c1..o ,hall not be affected except in 10 far as those oblittations have ~I";. I'ilet by compliance wiLh this paraq;raph, MOrll(a"..e may from time to time at it. option waiv~. and after any IUch wai\'~r reimtate, any or &II proviliOlU h..reor r"'luirinll: such deposits. hy noti~e to MOrl!l'agor in writin~, While any such waiver is in f'ffect Mortlasor shan pay toes, a"....menlS and insurance prrmium. as herein e:sewhere provided. 4, To pay all taxe., stamp tax or other charge which m'lY be :u.essed upon thil mortga.., or aaid note, or indebtednell se('ur..d ht'l'eh\'. without r"~ard to any law, Federal or State. h..retofore or hereafter enac-tt-d, impcKinl payment of loll or any part thereof upon Mcrt<:aget', In ~\'...lt or r-nactment of any law imposin~ pa)'ffient of aU or any portion of any such taxes upon Mort<:.1<:.-e. PI' th.. r..nderinl! hy any court of last resort of a decision that the unnertakinl by Mortlagor, as herein provided, to pay such tax or ta,<es is I"llally inop"rati\'e, then, unless Mortgagor n..\'ertheleSl p3ys such taxes, &II luml hereby fecured, without any d..dunion. shall at th.. oj)tiO!l or ~{ortgasee become immediately due and payable, notwithstanding anythinl contained herein or any bw h..r..torore or her..ahrr ..narted, ! I 5, To k..f'p the pr..misM in'ured against Iou or damage by fire, windltonn or extended coverase and IUch other haunU &I m:w be r..quired by Mortl(~<::ee. in form and amounts satilfactory to, and in insurance co:T.panies approved by MortSagel', and wiLh acceptable mortl(ag..e losl payable c1au~s attllched. Such polieiel, top;ether with luch at4tracu and other title evidence &I may be required by Mortl(~Il"t', shall he deli;'ered to and held by Mortllatee without liability. Upon ioreclolure of this mortg. 01' oth..r acquisition or the premises or any part thereof by Mortgagee, ..id policies, abstracts and title evidence ahall become the ab.olute pro~rty or Mortl(3gee, I), To fint obtai., the written ('onsent of Mortgagef', IUch ~onsent to be granted or withheld at the tole discretion of IUch MOrlllal(..... I>f'fore (31 r..mo\';nl( or d..molishin<: any building now or h..rf'after t'rected on the premi~., (b) altering the arranse. m~nt, de.ill'n or strunural char3ct/"r th..rt'or, (c) making any r~p3irs which involve the removal of structural parts or the expo'"r.. cf th.. interior or such bui1din~ :0 th.. elements. or (d) except for domed.- p\lrpo~s, cutting or removing or pennittinl th.. clltt;nll and remo\'al of any trees or timb~r on the premis~, 7, To maintain pr..m;",. in 1l00U condition and repair, inc:udinl( but not limited to the makin<: of such rep3in as MortPlee may from time to time d..trrmine to be n..cessary for the pres/"rvation of the premises' and to not co,nmit r.or ~rmit eny wute thereof. 8, To comply with at! I;;ws. ord;nanrf". r..gulations. e-ovenants. ('onditioni and restrictions affecting the premifes, and not to suff..r 0: ~rmil any violation thereof. J 9, If ~fOrl<:.lllor L,ils to par any claim. lie., or ~nc\lmbrance which is luperior to this mortp!l'e, or, when due, any tax or assessm..nt or imur3nce pr..mium, or to k....p the premi~1 in repair, or Ihall commit or permit waste, or if there be commenced ;my 3rtion or proc....dinl( aff..rtin<: th.. pr..m:,es or th.. title theret'l. then MortPltt, at its ,-ptioil, may pay said claim, lien. ene-urn. brancr. tax. aS5f'.lm..nt or pr..millm. with ri<:ht of m"rol(ation thereunder, may make lueh repain And .ake IUch step' as it dccltll ad\'is..ble to pre\'..nt or cure such waste, and m:oy appear in any a\lch aClion or proceeding and retain counlel therein, aod take such anion th..r..in as ",fortl(:ll(e.. deems advisable, and for any of said nurpolt'S Mortpgee may advance such lumt o! money, including all co.ts, fe~s and oth..r items or expense 81 it deems neceaJal)'. 'Mortgasee IhaU be the IOle judge of the legality, \'aiidil\' and priority or any StIch claim, lien, encumbrance, tax. ass..ssment and premium, l\nd of the amount n-~ary to be paid in ntisfanion thereof. Mort.l(al(('e shall not be held accountable for a.lY delay in makinA' any such p,l-yment, which delay may result in any addition:'} intcrest, cost. chal"ll:es or ~xpenJe otherwiie. 10. Mortgagor will pay to MortgageE', immediately and without demand, all sums of money advanced by Mortgagee pursuant to this mortgage, together with interest on each such advancement at the rate of 61% per annum, and all such sume and lOterest thereon shall be secured hereby if made by Mortgagee for the account of l\lortgagor 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, 11 ~ \) i\ (~