The URL can be used to link to this page

Home My WebLink About0984 .. ~. .. ~ . ' . ' . .... . I . . .".. . - .. .... . . . -.' .... '. ... "..... . . --- - '"." ... \ , {O , i ab~i' 14 PACE 234 ST. LUCIE COUNTY. FLA. TOGZTIfU WITH aI and aiDp1ar the ___... MnclitaaMnb and a~ thaewlto bdnaIinc or in aIlywW thereunto ap~ and the nlita. __ and proa.. tbenoI. and alto aU the elUte. riPt. title. illterat and aU claim and daDaDd.wha'-r, .. weD iD law .. iD equity, 01 the laid WClC'tllllOl' in and to the ..-. indudilll but DOt limited to: (a) AD ftU'" profib, rewnua, royaJtiee, ripu and bnlefiu d~riwd, from (I) CIOpI IrowD Oil I&.ld leCurity and produce 01 the IOiJ 'otherwite (2) oil. IU or mineral IeaIft 01 the premitet or any part thereof, now ~xiatin, or hereinafter mad~. and (S) aU otlwr renta. iuues and profib 01 the premilea from time to time ac:cruins. wh~th~r und~r Ie.... or lenucies now ~xiatiDl or h~reaft~r crellted: in ~.di luch CoUll wit!\ tbe riPt ill the Nortp~. but ocaIy at ita option. to reukoe and rK~ipt th~refor and to apply the aame u it may e1ect to any indebtednetl leCured h~reby. and the Morteqee. at ita option, may d~rftllnd. lue for and rKo\~r any luch pa~llb, reNnins to the WortPlOl'. howeftr, 10 Iona u laid Mort,acor il not in d~fauh h~reund~r, th~ risht to receive and retain auc:h rell'" ilaua and profiu. (b) AU judgmentl. awardl 01 damasee and aettlemenb hneafter made u a result of or in lieu of any takinll of th~ prembes or any part thereof under the power of emin~nt domain. or for any damaR'l (wh~thtr cawed by such takine or oth~rwise) to the premi.es or th~ improv~mentl lhereon or any part th~r~f; .uch part of any luch judgment. llward or aeul~mrnt. III th~ Mortlallre mllY ~lect to be applied to the indrbtednesa hereby IeCUred and the balllnce thenaf, if any. to be re~r".rd to th~ party or parties olherwise entitled thereto. . TO HAVE AND TO HOLD th~ abow: mnted and described premisel to the ..,id Mortlllgre. its IUCCesaors and llSIielU, foreftr. and the aaid Mortpcor does hereby fully warrant th~ titlf' to aaid III nd , and will d~frnd the same ~pinll lh~ lawful clainu of all penoftJ ~er: provided a:wa)'l that if MortsallOr Ihall pay to Mortg:-.~ that certain promissory note above described and shall perform all other covenanta and conditiona of said promiuory nole. and of any renewal, ~xlension or modi- &cation therrof. and of this mortp~. then thil mort,ase and the estate herf'by cre,lrrt shall l"f'aOe and he null anrt void. Mortpcor furthrr rovmanta llnd a,reel with Mortsasee u followl: l. To pay aU sums indudins interest securrd hereby when due. al provided for in said promiuory note and any renewal. extension or modi &cation thereof and in thia mortsase, aU luch suml to be payable in lawful money of the Unitrd Statrs of Ameriu at Mcrt!l!a~.1 a(orenid prin('ipal office, or at such other place u Wortgasre may designale in wriline. 2. To pay when due, and wilhout requirinS any notice from Mortga~. all taxI'S. ""'f'umenU of any type or nature and otb~r chargu levied or a.ue...ed a~ainst the prftniaes hereby ~ncumlx-red or any inlrrr\t of M.,rlltatte therein. To immedi- ately pay and discharge any cl.im, lien or encumbrance a~nst slll"h premi!eS whirh may be or become superior to this mort. pre and to permit no defawt or delinquency on any other lien. ~ncumbranl"e or charK" againlt luch premilf'l. S. If required by Mortpsee. to alto make monthly deposiu with' Morttt3!tte. in a non-interest bearine a('rounl, tattether with and in addition to interest and principal. of a lum equal to one-twelfth of the yearly taxes and aueumenll which may be levied llJain.t the premiJes. and (if 10 required) one-twelfth 01 the yearly premiums for imurance thereon. The amount of luch lUea. lUsnsrnenta and premiums, when unknown, shall be eatimatf"d by Mortga~. Surh deposita shan be used by Mortpsee to pay luch taxes, assessments And premiunu when due. Any inlullidency of such arrount to pay luch ("harges when due shall be paid by }dortpgor to Mortpsee on demand. If, by re_ 01 any df'fault by Mortga~r under any provili"n of this mort- !J~!I{e. Mortsasee declares aU SUIlll secured hereby to be due and payahl~, Mort!l:asee may then apply any funds in said account alfainst the entire indebtedness secured hereby. The enforceability of the covenanb relalins to tax~. auessmenll and insurance pnmiuml herein othe...ue provi~ed sh.lll not be afl'ectcd except in 10 far at thOle obli!l{ationl have been met by l"ompliance wilh this parAtp'llpb. Mortpscc may from time to time at ill option waive. and after :ony such wah'er reinuale, any or all provisions hereof requirins such deposib, by notice to Mortrasor in writing. While any such waiver is in effect Mortl&gor Ihll pay tues, aueumenb and inaurance premiwna u herein ebewhere provided. 4. To pay all taxes. stamp tax or other chuse which m3Y be uerued upon this mortlare, or said note. or indebtednesa secured hereby. without rel{ard to anr law. Fed~ra1 or State. heretofore or hereafter enarled. imposinS payment 01 aU or any part thereof upon Mortpsre. In event of enactm4!nt of any law imposing paymt'nt oi all or any portion of any luch lUes upon Mortpree, or the renderin, by any court of Jut raort of a decision that the undertakinS by }dortpsor. u herein provided, to pay such tax or lUes ia lesally inoperative, then. unleta MortPllOr nt\"erth~te.. pays such talles, aU IUIIlI hereby leCured. without any deduction. ahaD at tbe option of Mortppe become immediately due and payable. notwithttandins anythins conlained hrAin or any law heretolore or hereafter enacted. 5. To keep the PeemUa inaured apiDIt 10M or damase by &reo windltorm or extended coverage and tuch other huardt u may be required by Mortlasee. in form and amounb satitfactory to. and in insurance companies approved by Mortragee. and with acceptable IIlOI1pIee loa payable clau.es attached. Such policies. ~ther with luch abnracta and other title evidence u may be required by }dortgll!re, ahaU be delivered to and held by Mortppe without iiability. Upon foreclosure of thia mort,.. or other acquisition 01 L\e premiJea or any put thereof by Mortppe. u.id polici~. awtr..cu and title evidenc~ shall become the ablolute property 01 Mortragee. 6. To lint obtain the written CODIerlt 01 Wortppe, such coment to be ItRnted or withheld at the IOle ditcretion 01 such Mortp<<ee, briore ea) removi~r or demoliahins any buiJd1ns now or hereafter erected on the premiset. (b) aiterin, the arranre- . ment. desi!ll or nructural character thereof, (c) mum, any repair. wbich involve the removal of Itruc:tural pan. or the i exposure of the interior 01 such buildins to the elelDlmll. or (d) cxcept for domestic purposes, cuttins or rrmo\'ing or permittin3 the cutlins and removal of any trea or timlaer OIl the premiaet. \J 7. To maintain premi_ in rood condition and repair. iDdudinS but not limited to the makinl( of lurh repairs at MortlPP may from time to time determine to be necaary for the preaervation of the premiJea and to not commit nor permit any wute thereof. 8. To comply with aU laws, ordinances, rerulatiocu, c:ovenanta. conditions and restrictions aft'ectins the premises. and not to aufrer or permit allY violation tt.erd. 9. If Wonpaor faib to pay any claim. lien or encumlll'anc.e which is IUperior to thia mortea~, or. when due, any tax 01' -If ,oo-nt or imuraDCe premium, or to keep the premiaea in repair. or aha11 commit or permit waste. or if there be conunenced AllY action or proceedin<< afrectin, tM premi_ or the title thereto. then Wortraree. at ita option. ....oay pay .Aid claim. lien, e:KUIft- bn.nce. ta."t. ..1 v--t or premium, with ript ." lubror~tion tbereuDder. may make loch repairs and ta\e such stepa u it deema advisable to prnent or cure auch waite. aIKl IDAY appear iD aDY IUCh IlCtion or proc-ffdinl and retain COUDIel therein. and tab such action therein u Wortpsre deemI advisable, and for AllY of laid purpoeea Mortracee may advance auc:h IUI:II 01 1IlODe7. iDchidiDlr aD COllI, feee and otJ.er itenw of apenle u It d_~. Mot'tppe lhaD a. the aoIe judre 01 the lep1ity. Yalidity and priority 01 any Itd cJa.U.a, lieD. enc~. tax, _nt and Jlftmium, Md 01 the alDOwlt nec:au.ry to be paid iD .titfKtbD thenoI. Mortppe" not be held IMlCOUIItabIe for uy delay in makinc any such payment, which delay may ~t ill aDJ additional iAterat, ClOIt, charpa or apenII otMrwile. 10. Wonppr wit ,.,. . ....... l--.ti...., uti without demand. aD _ of -, acIvuced by Wortppe puna- aIlt to tbiI ~ IOptber with ia...... _ .-dt IUda ~ at the rue 01 ten pel' cent. (1 ~) per un.... and aD auda __ and iDtenlt tMreoft .... be aecwecI ....,.. .. 11. AD __ 01 IDOMJ IK'8I'eCI ......, ... be ,.,..we wi__ ..., relief ...... froa aDJ vahaadoD or ~t laws. 12. U clefa.. be made iD ..-,-. '" .., ......."-1<It ., ,riDcipal or .__ 01 Aid DOte or ..., pert dIereoI wbeD due. or .. ,.~ ..... clue 01 ..., ocMr _ IICIftcI .....,. or .. ped____ 01 &IlJ' 01 MortpfOI". oIlliptiona, cowlWltl or . ....u.ni.. ~. aD 01 the i~ IeaINd ...., ... __ ud be '--II....,. dw aDd payable at the optioa '" ........ witIMNt notice or .......... wIUcIl .... ...., -+...., -md. ia wiIida IftIlt Wortppe ..., ...a itaelf 01 aD riIIua 1 \ ., . , . '" .-...... ~ r. J _, .~ . 1 --~-'-----" --..-.......--- Ii" J.. -