The URL can be used to link to this page

Home My WebLink About1758 7 308 0.1, eOOl c; T. LUCIE COUNTY, rL ~, I.J 'l'OGElHEIl WITH all and ,inguiar :'-.e tenunents, hereduarnents und appurtenllncea the~unto belongil,S or in anywi.e th?reunto apperuiniDc and the unts, illuea and proou thereof, and alJo all ti.e e.tate, right, title, inler..st a:1d all claim and demand whll~r, u well in law N in equity, of the Mid Monla&or in and to the lAme, including but not limited w: (a) All renU, profits, revenues, royaltie., ri&hll and benefits d...i.-..d from (I) crops grown on said ~curity and produce 01 the JOi} cthuwUe (2) oil, 1&1 or miner:ll Irate. of the premises or any part ther<<lf, now e"i.ting or hereina~!..r mad.." and (5) all other renU, iaaue. and profit. of th!l premi.... from time to time a~('I'uin!;, whether und..r lea~. ~r t.enanCl'" r~ow eXISting or bereafter crel\ted: in each IUch cue wilh the right in the Mort~a~ee, but only at its option, to re.'e.\'t and r"c"'pt th..refor and to apply the aame AI it may elect to any lndebtedneas aecured hereby, and (he Mortgagee, at iu option, may d..mand, sue for and recover any luch Jjaymenu, reserving to the Mortltasor, howe\'er, 10 long as laid Mortgagor i. ;lOt in d..fault hereu"d..r, the rilbt to receive anc retain I\1cb renu, illuea and profits. (b) All jud(,menu, awards of damlllCs and JCttlemenU h..reafter made aJ a re.ult of 0' in lieu of any takinl( of th.. )X'C1l\iaet or any part thereof under the power of eminent domain, or for any clamal(e (wheth..r c~~!..d by .uch taking or otherwi.e) to the premhes or the improvements th..reon or an)' pan thereof; .uch part of any such judgm..nt, award or settlem..nt, a. the Morts~ ma:" eleet to be applied to the indrbtedr.ell hereby securffl and the balance th..r..of. if any, to be r...en.'..<I 10 the party or putiea otherwise entirl'!d thereto. TO HAVE AND TO HOLD the above scanted and deacribed pr..mi.es to the ..,id Mort...al1;ee, iu surc....('I'. and a..igns, forever, ..... th- .roll }(t~3r[V"r 11.,.. ".r'''l f rUT r FrRt \h. 1jtlt ..... .....:~ 1..........4 .......,-1 ~;n ...t__(..n..~ .~~ :l1l.3intt ,hI' 1 H,:ruJ .1 iA"l "f a'l y----, ~"~~f; pr'()\'ided alwayt that if Mortl(;\l1;Or ,hall p.w to ~tort~:il1;ee that ccrL,i.. promi"0ry note above detCribed and mall Pf'rfonn a!! cth..r co\-enants and conditionl of .aid promissory not... and of any ren..wal. e",tcn.ion or modi, &cation then'of. and of this mortgll!{". then thil mortgage and the e,'ate her..hy cre't..r1 .hall rr.1'~ aml hr 01111 :md VOl,1 I ~ ~ Mort~"gor fu,ther C'OVrnanu and a~ees with Mortgagee as fol~ow" I. To pay all IUms including intere.t ~ured hereby when due, :\1 providrd for in .aid promissory note and ;'Iny r..new,,!. utenaion or modification th..reof ancl in thi. mortgage, all such .unn to be p:lv:lbk in lawful monc\' of the ('oitcd "'ut... of America at Mortp:a~'s aforeuid prin.ipal office, or at lu,h oUter place al Mortgagee may de.ignate in writinl1;, 7. To pay when due, and without requiring- llny notice from MOrlr:3~ee. all tax.... a"....mcnt. of any t,,~ (>I' nature and other chargea levied or IlUrued a~ainat the premi~s h..reby encumbered or ..ny int..r..,t of ~hrl~a~e th"rt'i" To imm..di- lltely pay and discharJ:e any claim, lien or encumbrance against sll.h pr..mi.es whkh may be or become .uperior to this mort- p~ and to pemtit no <l..fault or d..linquency on any other lien, ..ncumbran.e or .:h3f~c a~aimt .uch premi~., 3. If required by Mortgalcc, to also make mor,thly deJY.lsiu with Mortl1;a~c(". in a non-interell hearinl( arrount, tOl(..ther with and in addition to interet! and principal, of a .um equal to on..-twelfth of the yeady taxe. and a..essmenU which may be levied alfaln't the premises, and (if 10 required) one-twelfth of the yearly premiums for in.uran... ther..on, Th.. amount of such taxea, aneumenU and prr.miums, when unknown, shall be euimat,.d by Mo::;;;.;{ee, Surh depo.its .hall be u~d by Mortgagee to pay Iltcll taxe., aueumenu and premiulre when due. Any inaufficiency of .uch account to pay such char~... when due .hall be paid by MortPlOr to Mortpgee on denu.nd. If, by reason of any d..lault by Mortga!{or under any provision of this mort- sage, Mortplft declare. all luml ~ured hereby to be due and payable, Mortl(agee may then apply any fundi in said account Il!l;ainrt tbe entire indebtednen secured henby. The enforceability of the co\ enanU relating to lax..', aS~SJm~nts and insurance premium. Mrein otberwUe provided Ihall not be affected except in 10 far as those oblisratiom have been met by complianc.. with this para~ph. Mortp'Jcc may from time to time at ill option wah'e. and after any .uch wai\'er reimlat... any .:>r all prc\'isionl bereol requiring such depoaiu, hy notke to Mortlasor in writin~, Whil.. any surh waiver i. in ..ffect Mortgagor Ihall pay taxe., asaesamenU and imurance premiuml &I hemn ebewhere provided. 4. To pay all !axea, stamp tax or other charse which m~y be aue~~d upon thi. mortgage, or said note, or indebt~dneu lCCured he~by, without ~ard to any law, Fed..ral or State. heretofore or hereafter ..nacted, impo.ing paym..nt of all or any pvt thereof upon Mortgagee. In ~nt of enactment of any law imposinl( 'pa)m~r.t of all or any portion of any ouch taxes upon Mortgasee, or the rendering by any court of lut retOrt of a lied.ion Ihat the und..rt::king by Mortgagor, as her..in provideG, to pay such tax or taXeI io legally inoperative, then, unleu Mortl3![Or ne\'crtheless p:J.ys such ta"e., all ourns hereby Itcured. without any dedUt:tion, ahall at the option of Mortplft become immediately due and payable, notwith.tanding anything contained herein or any law heretofore or hereaftcr enacted. 5. To keep the premiaes insured agz.i1Ut loa or damase by fi' e, windstorm or extended coverage and luch other hazards AI II1&Y be required by Mortgageer in fonn and amounU latisfactory to, and in insurance companies approved by Mortga/tee, and with acceptable mortga<<ee Iou payable clause. attached. Such polici..s, tOKtther with such abstracts and other title evidence as may be required by Mortgagee, shall be delivered to and held by Mortgagee witho...t liability. Upon foredorure of thil mortgagc or odler IICqU\Iitioa of the premiaet Ol' any put thereof by Mortgasee, said policies, abttracu and titie evidenc.. Ihall become the abeolulll property of Mortplft. 6. To lint obtain the written conteDt of )lo~ tucl1 consent to be Krantt'd or withheld at the IOle discretion of such Mo~, before ea) removinl or demolishinl any building now or hrreaftcr erected on the premi...., Ib) alt..ring the arranKe- meat, deQ~ or .tructural character th..reof, (c) makinl any repaiu which involve th.. removal of structural parts or the exposure of the interior of such building to the elemenU, or (d) except for domestic purpo...., cuttinil; or removing or permitting the c:utcins aDd removal of =..,y lreeI or timber on the premiJea. 7. To maintain pretnises in good cundition and repair, Including but not Iirr:ited to the malting of .uch repairs as Mortgagee _)' from time tIO time determine to be,neceasary for the pres..rvation of the premiae. and to not cC'mmit nor permit any waste thereof. a. To COI':'Ip!y with all laws, ordinaucea, resulationl, covenants, condition, and rcstrictiOnl affecting the premi..... and not to tulIer or permit any \iG1ation therec:I. 9, If Wos-tgacor faib tu pay an)' claim, lien or encumbrance wbich ia superior to thi3 mortgage, or, when du.., any tax or ...-nent or inrurance ~ium, or to keep the premiset in fepair, or ahan commit or permit watt.., or if there be commenced :my action or prc<<eding affecting the premoo 01' the title thereto, then Mortsalee, at iu option, may pay lAid claim, lien, encurn- hnnce, ~ aM '-"IlSIt or premium, witla ript of subrocation thereunder, may make .u("!t repain and take luch steps as it deems ~ to prevent Oft CIUnl luch __Ie, and ma)' &ppellf In IJIY such action or procecdinS alod retain coulUel therein, and take IUCh action therein u Mortsagee deemJ adviuble, anti for an)' of said PUrpoleS Mc.r.gasee may IUlvanci: web .u:-:~ :;1 money, mcludinr .a CfJfU, fee. And other ltl!ml of expe,hl>C &I it deemi nco:'.!II&.-y. MortPfee ,hall be the IK>le judse of the I~gality, vali4ity ant! pl'lorhy l>l any rueh claim, lien, tncum~, tax, -.-ment and premium, and of the amount neceuary to be paid ill ...ti1l~ dMted. Nonppe Iba.l1 ~ be t.eki accoomtable for any dday In making any such paymmt, which delay may ...It in an" Additioftal inlerelt. ~ ~ M ~ ~. 10. MOI'tpCOr will pay to Morti~,ie~, ~~~te~ and without demand, all sumR of money "u~aDCsd by Mort..... "pw."8\UW.t to thia mortpge, togeth~ ':" with if4terest 00. each sucb aciYaDcement at the rate of 6~ per annum, and all such sums a.nd interest thereon shall be secured Jaer~' if ma~~ by Mortgagee for the account of Mortaagor beeaue of Mortia.aor's default. 11, All SlIm.S << money secured Mreby &hall be payable without any relief what e... tToar&: arl1' valuation. or appraisement laws. ri \$' to .'