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Home My WebLink About1752 o t' BOOl, 7 302 ST. LUCIE COUNTY, flA. \1 (! -rooETnE.R WITH ali Io.Dd ainrular tl1c tenC'me"'lU, heredit~ntJ Al'.d 3ppurten..nc~ thereunto belonging or in anywioe th~reunu. appcrtAinin;: aod the rents, iAua and pt'Olitl t':'ned, and al.o kl1 the estate. righl. title. inurell and ;\11 c\.,im and c\ema.I:d whabOeYet, .. wen ill Law &I ill equity, of the aaid Mortg-.or in and to the lame, ~ncluding but not limited to: (a) All rents, pro611, ~nuet. royaltiea. righl' and hener,.. Jcrin'd from (I) crops Iro....n on lain IC'curity and produce 01 the .oil otherwiac (2) oil, gas or miMral k:uea of the premi.es or any part thereof, now existing or hereinafter mad... and (5) kl1 other rents, iaue. and profits of th~ premiatl from time to tilf)~ aCt'ruing, ....hether ond..r leasel or tenanci..s nOW existing Ol' hereAfter created; in each lUeb c&MI wilh the rilht ir. the Mortllalfee. but only at ill option, to receive and rn..ipt thrrdor and ~o apply the ~ a. it may elect to any indebtedneas secured hereby, and the Mort~agee. at iu option, may d..mand, sl1e for and recover any such paymf'nu, resen'ing to the Mortj!agor, hawco.'Cr, I') ionl as laid Mortgagor il not in default !:.e~eun~er, th.. rilht to recei\'C and retain luch rentl, iuuel and (ll'Ofiu. (b) All judgments, awardl of dam&let and setllemenu hereaher m!lde as a result of or in :ieu of any !'lin.. of th.. prcmilet or any part thereof unde-r the powe~ of emin..nt domain, or for any dam3!le (whethe-r causro by such ta~;I'~ or ctherwis..) to the pranitet or the improvemenlJ thereon or any part thereof; such part of any such jutl!lment, award or lelll..m..nt, a. the MortS..ee may elKt to ~ applie<i to the indrbtedne-II he-reby secured and the balance therC'Of. if any, to be r..sen'ed to the part"f or part~ otherwi~ entitl~ thereto, TO HAVE ,AND TO HOLD the above granted and deacribe-d pr..mi...s to the s.1id MortPa!l~e, ill succe-uors and assi!,:ns, fOl"CV'!r, -A II. ...:.1 H .t......_. .1<<. I.~..l., fuU, ~_... ..1 tl.~ t:tl .to ~ :11 la~li. ....11 ill lhruli ,'a 1m - 1"-'-" ...- I . .r..1 A...:~_ a' MI, r L __.u: p:ovided alwaYl that if MOMl(altOr shall pay to ~~orll(3~..e that certain promiuory note above deKribe-d and Ihal! perfonn all other covenants and conditionl of said promi..ory note-. and of 3nr rt'n.......;\I. ..xt..nsion or;. modi, &cation therfflf. and of this moMgage. then thil mort!{age and the e"at~ her..by (I'n\t'~ <h"ll Ct'"" 1nd he null an,l \'oid Mortgagor further covenants amI a~ees with Mortgagee as follows: 1. To pay all sunu includinr, interelt secured he~by when due-, ;\1 pro-.,jdt'd for in said promissory note and any renewa\. ~lltension or modification thneof And in thiJ mortgage-, all such ounu to be p3y.1hle in bwful mone\' of the l'nit..d ~t.\!~. of America at MoM!la~'1 aroreuid princ-ipal office, or at luch other place as Mortga!!:.." may designate in wriiing. 2. To pay wh..n due, and without requiring any notice from Mort~a(((''''' all t3Xl'\, a"..um..nh of any ty[>(' or nature and other chargea levied or &l1e-ssed a"ainst the premi~s hereby ent\lmbered or any int..rl'<t "f M'lrtc:af;e there-in, To immedi- ateiy pay and dilCharge any clAim, lien or encumbrance- against such pre-mises which may be or become .uperior to this m"rt- p.Je and to permit no default or delinquency on NlY other lien, encumbrance or charge against such premilC's, ~. If r~wred by Mortpgee, to abo make monthly de~iu ....ith Mort~al1:~, in ;\ non-inte-relt huring account. tOlfethe-r with and in addition to interest and principAl, of a lum equal to one-.twelfth of the yearly taxe-s and aueumenll which may be levied agail\.~t tl-te premi.Jet, and (if 10 required) one-twelfth of the )'~arly premiums for in<lH3nc.. there-on, The amount of such lUet, asseuments and premiums, "me-n unknown, thaU be ellimat..G \,y Mort!la!lee, Such deposits shall b<: use-d by Mortl1a!lee to pay luclt taxes, auetSmenU Ilnd premiunu when due. Any insufficie-ncy of .uch account to pay such charg... wh..n clue- shall be paid by Mortgagor to Mortgagee on demand. If, by realOll of any default by Mort!,:3!,:or under any provision of this mort- (l;aj(e, :Mortgagee declares an sums secured hereby to ~ due and payahle. Mortl1agee m3Y then apply any funds in said account 1I1f<linst the entire indebt~neu lecur~ h<.reby. The enforceability of the covenants relatlRl!' to ta"e'. alleumcnll and insurance premiums herein otherwise provid~ Ihall not be aft'ecte-d except in to hr as thO\e obli.-ations have been met by compliance with this p&ra!if&pb. M:ortpgee may from time to time at iu option wlli\'e. and after any such wai\'..r r..in<tate, any or all pro\'isionl hereof requiri", aueh deposiu. by notice to Mortgasor in writin'J, While any such waive-r i. in ...ffe-ct Mortgagor Ihall pay taxes, ~nta and insurance premiums &I herein ebewhere provided, 4. To pay all taxes, stamp tax or other charge which m'y be as~.ud upon this mortga!le, or laid note, or indebtcdneu secured hereby, without ret!:ard to any law, Federal or State. he-retofore or hercafter enacted, imposing payment of all or any part thCftOf upon Mortpsee. In eY\.'T\t of enac~nt of any law imposing .p<\)'mrllt of all or any portion of any such tax..s upon Monp.gee, or the renderin~ by any court C'f last refQrt of a decision that the undertaking by Mortgagor, as here-in provided, to pay tuch lU or taxes it ICSally inoperative. then, unleu Mortsallor n..\'ertheless p3YS such taxe-s, all sums hereby aecured. ....ithout any deduction, thall at the option of Mortlap become immediately due and payable, notwithltanding anything containerl herein 01' any 1&.... heretclore or hereaher enact~. 5. To keep the premisel insured against loa or dama~ by fire, windstonn or extended coverage and luch other huanU .. mAy be requitT-d by Mortllt\llee, in form and amounU aatisfutory to, and in insurance comp3nies approvffi by Mortgagee, and with acceptable mort(agee loa payable clault'. attached. Such policies. tOjtether with such abstracts and other title evidence as may be required by Mortgagee, ahall be delivel~ to and held by Monpgee without liability. Upon foreclosure of thil mortgage or other acquisition of the premilet or any part thC'ffOf by Mortgasee, lAid policie" abstracts and title ~vidence- sha!! become the abdute JlI'OPl"Y of Monpgee. 6. T., first obtain the written consent of Mortgaeee, IUth con~nt to be !':rant...ci or ",ithhc1d 3t the sole discretion of luch ( :MCJI'tI&<<ee, before (a) removin<< or demoli.biq any building now or hrreafte-r erected on the premiaes, (b) altering the arranlle. ment, delliSI' or It.runural charaet~r thereof, (c) making any repairs which involve the removal of str<lrtural parts or tbe /, exposure 01 the interior of such bailding to the elemenu, or (d) Cllocept for domestic purpo!e-I. Clllling or )'~mo\'ing ;>r perrr.illing '4, 1M ruttin<< and ~ 01 any trees or timber on the premises. 7. T;l maiJ:;ain premi_ in sood condition and repair, including but not limited to the makinl!' of IHrh rep3il'l as Mortgagee ..y from tio:ne to time determine to be neceuary for the preservation of the premises and to not commit nCI permit any waste thueof. .. To comply with all Laws, cordinances, rep1ations, covenants, .:onditions ancl ~strictions affecting the premiaes, and n~~ to aufl'er or permit any Yiolatioc thereof. · ~. U Mortilacot faib to pay any claim, uen or encvmbcance which il IUperior to this mortgage, or, when dUl!, any tax or IJlflWr'lt 01' iosunmce premium, or I\) keep the premiIea in repair, or ahal1 commii or permit WAIte, or if there be <:ommenced aay ~ 01' proeeedinI ,Kecting the pccmilel or the title theret.o. then Mortsasee, at its option. may pay said claim. lien. encum- Wane., \all, ~t Of' premium, with risht of IUbroption theff.Uoder, may make luch repain and take IU':'~ Iteps as it deenu adviaab&e to pt'llYm\ or tun sueb WUIe, and may appear in any luch action or proceeding and retAin counsel therein, and take Nclt IIdion tbenin &I Wortpltee deems advbable, and for any of aaid purpoeet Mortgagee may ad~-ance lUeb lums of money, lDclucliG~ ..n .:<<11, feee and other itemS 01 expense u i: deernl necenary. MortCagee shall ~ the aole judge of the legality, valldit-t P,nd pMlity of -my lueb claim. lim, eftCtmlbra.-lCe, tax. ~nt and pn:mium, and of the amount ne<:eSlary to be p~d l:s aatW~ t~. )rlQn.s-acee Iha11 nqt << bdd a.eco<lotab1e for :any tielay ir. making any such payment, which delay may _1t ;.. _ ~.........t ..._ _ ,....- fW --- ........ ...1_ 10. Mortgagor will pay to Mortgagee~ immediately and without demand, all sums of money advanced by Monp.gee pursuant to this mortgage. together with interest on 3a<:h sueb advancement at the !'"ate ot 6t-fo per annum, and all such sums and interest thereon shall he secured hereby if made by Mortgage,. tor the account of Mortaa&or be<;au'. of Mortgagor IS '.iefault. 11. AU.... of money securen hereby shall be payable without any relief whate.-er from any, valuation or appI'&iSement lawa. r. \U (J ..