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Home My WebLink About1769 '~,.': :',:< ."... ...., :" : ' '.< '~''':. .:~:'!.:<:~'~~?:::""/ ,"; :~j ,~~.) {.::;.;. ::..,~ '~..'~ ~ ",: '..~ ~..: :..:..- .. ,.: ;l..' #,'-" ,~;:. f....: . . .... ".,. -; ~:": ., .. . .H . '.. _. ;,'" . . ,....~_., ..'i'....,.,~.. ""'il"V.,,,....;, ",'.:;.o,,'+.t...~., .....,.,'....~1i.,it """. ...J.~.......__., ..:. ':. .' .'. '..~.' . _ ". . ,.': .t:,''i .,. ~.. ..- .:.'." ~.. f ;' :,::. ,~,,: ," ~~ \:-:.' ~.::,.: :..'-/~.:; ...~:.;:'! :- j.~>:.;..,:~., ::;:>;:;~.~..<~.l../ \-::~?:T..:'..~ ~:~;'>...: . ~~ :P<I .., .. ...~. .' '-f/"! '.'< . , Xb~i 7 319 -;" . \"; -.;,~:, if,.: $1. LUCIE COUNTY. fLA. TOQ!THEll WITH ~ o.Dd GpW tbe ~'" Mndi~ts lad ~ ......- hh '"' · .. ..,... thereunto "(lpertaininr ~ the rf:DtI, ~ and pr-06u tMroaI. ud aIIo U1 .. ....... ricId. t!th. ....... ... .. c:w. .. demand whabOeWr, AI weIl in law .. in equity, 01 the taid WcInpFr in .... . 11M -. ~ "'.. ..... tel (a) All rents, profit&, nvenUfS, royalties. ripb and beDefib dmwd boa (1) cropI ~ .. .. ......, MIl ~ of the lOil otherwite (2) oil, S'" ryr rni.neral \euet of tM p~ or aDY' put dMrtoI. DiIl'W ..... or ......... ~ .- (3) All othtr rents, iuu~ and profiu of th~ premUa from time to time accn&lJl<<. wbedIw MDdtr ... or ....... aow aWdDt or here..fter crutN!; in ea~h .uch cate wilh tloe n,tlt ill the W:o~, but 001, M i:>> cpUoe. Ill) recdn &lid ~ Gerefor Uld to apply the _'1le u it may elect to Uly indebte<lne:lllleCured here"". and the Wortppe, at ib 9ptioe. IJ\AY' demand, lIUe for and recmer ;any such p;a~nls, reserving to lhe MortltASOr, however. 10 klnS .. lAid ~ It not in delauk we..... .. right 10 recei,'e and retain .uch renu, iuuel and pro!:b, (b) All judgments, ;awudl of dam&J(:. and .ett.)emenb here.Jtef' mAde as a rawt of 0<<' in lieu of u, ~ 01 the premiles or any part thereof lmder the power of eminent domain. or for any damare (whether calUeCi by ruch takiDc 01' ~) to lhe premises or the improvt'mentt lhereon or any part therrof; luch part of anY' luch ~gment,. award Oft IP.tdeaMat. .. the Mortgagee may t'leil to be appliN! to th( indt'btedn~ hereb, secured and the balance thereof, if anY', ro be raerved to the party or parliel otherwi~ enlitlN! there:o. TO II" VE AND TO HOLD the aoo..'e sranted and cletCri~ premiees to the ;aid Mortgagee, ib tuccetlOr1 and aaipa. forever. allll lln ..i" }h a"~,,.r "III Ioars"} htll, . ,na a""a tilla tI "';11 :'.11,..11 ill II"~. ,I.. T -. -...:-... ,1>- ... J..t d..:.... rr .1' p"ronn. ~hn- ' __; providN! alwaY' that if Mortgalt()1 .hAlI pay to Mortg~ that certain pror.u..ory note a~ delCribea ..nd sh~1l perform all other covmanU and conditions of laid prorniuory note, and of an, renn...I, ex~ 01'. aaodi- fieation therf'OF. and of this morlgagt'. then lhi. mort;rage and the eat:lle heff'by cre:\terl m.1l l'COlse Ilnd be nun and vUd. ~ Mort!lagor further covenanls .and a!!,rffJ with Mortgaree :u follows:. ,. _ . . .l I. To pay all SlIms including mlerest lecurcd hereby when due, IU prOVided for In laId promollOry note and any t:al' eXWlC1lion or modificalion thereof ann in thil mortgage, all such sunu to be payable in lawful money of the United !Po ea ol America at ~ort.~~<:t'e's "rorenid principal office, or at luch other place.. Mortgagee may deaignate in writin" : 2. To pav when due, and wirhout requmng any nolice from Mortl';aJl:et', all taxel, a"nlmenll of any type or nature and other cha'r<::es levied or a..t'..ed al(aiMt lhe premi.el hereby encumbe~ or any inleTMt of Morlgag~ therein, To immedi- ately pav ann di"harr::e any claim, lien or encumbrance agaimt .\tch premises which may be or become superior to thit mort. gage and to permit no default or delinquency on any other lien, encumbrance or charge aJain.t luch prem.iIet. 3. If reql'iren by Mortgall;ee, to aho make mon,niy de~its with Mort't:J.lI;~, in l!, non-intueJt bearinr account, tOll!ther with and in addition to inte~'H and princi~l. of a :um equa.l to one.t~lhh of lhe yearly taxel and uaeumenU which may be leviN! all;:Iin'l the premiles. and (if so required) one-twelhh of the y~arly premiums for in<uraoce theN'On. The amount of IUch taxel, aS5e..menU and premiums, when unknown, .hall be ~tim3t,.d by Mort~Il;~, Such deposiu shall be IUeCi by Mort~ .') pay .uch t~"es. a"essmf'nll and premiums when due. Any inruffidenq of such account to pay loch cbarges when due man be pail:! b,' Mortva<:or to Morl<:a!';ee on demand. If, by rea!On of any ciefa.ult by MortglllfOr under any provision of this mort- !1;all;e, MOrlll::I<:l"e decbres all .U",I securN! hereby to be due and payahle, Mort!1;agee may tben apply any funda in aaid account "lI;..inst the entire indebtedness ,ecured hereby. The enforceability of the CO\'ena.nt, relating to tan1, UteIIIIlcnU ud Uuurance premiuml herein orherwi~ prm'irlrd .hall not be affected except in 10 far aJ lhole oblill;alionl have h<<n met by compliance with this paral(raph MorflplI;ee may from lime to time al it. option waive. and after any luch waiver reinstate, any or all provitiona hereof rel]uirin~ such deposits. by nolice to Mort!1;agor in WTitin~. While any such waiver is in rfl'ect Mortgagor mall pay taxel, a..essments and imurance premiums as herein el~w!.ere provided. 4. To pay all laxe., stamp tax or olher charge which may be asseued upon thil mortgase, or aaid note, or indebtedneaa ~curN! hereby, ,..;thout reord 10 any law, FederAl or Stale. heretofore or nereafter enacted. impoaiflr payment of all or any pUl thert'of upon Mortgagee. In event of enactme.lt of any law impo1ing J:.ayment of Allor any portioll of any such tuet upon Mortll;all:e~. or the renderin!f by any court of last resort of a decision that the ur.dertakins "" Monpgor, .. herein provided, to pay such lax cr taxes is lel(ally inoperative, then, unle.. Mortgall;or ne\'crtheleSl paY' luch tu:~, allluml hereby aec~, without any deduction, .hall at the oplion of Mortgagee become immediately due and payable, notwithrtanclinS anything contained herein or any law heretofore or hereaftrr enarled. 5 To !.et'p lhe premist'. insured against loss or damage by fire, windstorm or extended c~r&<<e and such other hazarda .. may be rel]uirt'd by ~{(lrtl(a<:ee. in form and amounts satisfactory to, and in imurance companies approved by Mortgagee, and with acreptable mnrt<:all;ee \0" payable c1~uS('s attached. Such policies, tojtether with surh abstracu and other title evidence u uuy be required b,' Mort <::tll;C.. , shall be delivered to and held by Mortgagee wilhuut liability. Upon forecloaure of thit mortg&fe or other acquisition of the premileJ or any part thereof by Morlgagee, said policies, abstracu and title eviden<< mall become the absolute property of Mort"a"ee. ~. l' To firsl obtain the wriUt'n conlent of Mortgagee, such consenl tv be !l:ranh.d or withheld al the tole dilCretion of tuch ~ Mort!fall:,'" I,..fore la) removin<: or demolishing any building now or hcrt'aftt'r erecled on the premi~, (b) altering the aJTa~tl ment, d\~i<:n or 'tructural character lhereof. (c) making any ..epairi which involve lhe removAl of .tructural parb or the expo'lIre of the interior of su~h buildinr:: to the element.!, or (d) except for domestic purpoll"S, rutlin<< or removing or permittins tht' CUllin" anG removal cf any trees or timh.-r on the premises. 7. To maintain ptemisrs i.. >J:ood rondition and repair, inch.dinll: but not limited 10 the makinl{ of surh rep3in III Mo~ may from ti.me 10 time determine 10 be necessary ior the presl'r.'ation of the premiJleI and to not commit lY.)r permit any Waite thereof, 8. To comply with all laws. orn;nances. regulations, covenanls, conditions and restrictions affecting tbe premild, and not to lufft'r or permit any violation lhereoF. 9. If MOi'l~,l<:or fails to pay any claim, lien or encumbrance which is luperior to thil mortga~e. or. when due, any tu or assessment or insurance premium, or to keep lhe premiles in repair, or Ihan commit or permit waite, or if there be commmced any art ion or pronedin<: afTertin~ rhr prem;...s Ot lhe litle lher..to, then Morlgagee. at its option, may pay laid claim, lien, encum- b"mct'. ta". a,,,"ss!11('nl or premium, with ri"hl of subrogation thereunder, may make surh repa.ia and take .uch .teps u it deema ad,'i,..l>le to prevent or cure such wa.stl'. and may appear in any luch aClion or proceeding and retain CO<UlleI therein, and take such adion therein as Mort<:a<:ce deerT'.J advisable, anJ for any of lain purpotel Mortgagee maY' ildvance tuch sums 01 m004lY', includin!'; all cost;. fees and other ilems of r~penoe aI it deems neceasary. Mortgagee Ihall be the tole judge of thl!: Iegalil" validity and priority of any st;ch claim, lien, encumbranctc, tax. ~ument and prnniuro, a.'1d of the amount necetaUT to be paid in s.ltisfanion thereof. Mort<:al(t'e .h..1I rOl h<- held accountable for any delay in makinl!' any such payment, which delaY' may r..sult in any additicnal intereSl, cOSl, chargel or expense olherwilC. 10. Mortgagor will pay to Mortgagee, immediately and without demand, aU sums of money advanced by Mortgagee pursuant to this mortgage, together with interest on each such ~d'lancement at the rate of 6i% per annum, and all such sums and interest thereon shall be secured hereby if made by Mortgagee for the account of Mortgagor because of Mortgagor's default. 11. All sums of money secured hereby shall be payable without any rell~f whatever from any valuation or apprai::.::ment laws.