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Home My WebLink About2635 20 PAGE528 O.R, eoal ST. LUC1E' COUNTY. fLA. ---..- ~-...---.-. 'I'OO&1'HU WITH .. ... ...... .. It";"tt, 1MNdl\...... ..till ~ tbemuato ~III << Ie ..,wile ~ appertal.JD, ... .... N8lIo .,. ... ... ....... load .. aD .. ...... riallt, title. ill",,"' aDd aU daim aDd daDaad wh~. AI ... .. law .. Ia equitr. 01 1M IUd Mdnpaor ia aacl to ~... aamI, iDdudinc but DOt IUDitecl tOI (a) AD renta, pro6t1, rtWDuea. ro,altiea. rip" ... t.eMa.. deriwd fNaI (I) cror- pown OIl Mid 1lICUri.,. aDd produce 01 the IOiI otherwYe (2) oil, pi or mmeral __ of \:he ......- << aIIJ put dtereof. !)OW tDtiDt << IM-uwter made. and <S> aD other reota, iINes and P=06ta 01 the premi.tea frem time to time MltlUi".. whether under --<< ..rv.iea ~ eDstiIlI << henalm ~ed; ill neb web cue with the riPt in the Morteasee. 'but on" at I.. opdcn, ... receNe aDd taelpt therelor ... ... apply &be .... AI it ..,. eJect to IlJIf mdebted_ lKured hen-by, and the Wona.... at ill opdoa. mar demand. PM lor and recover ..., IUda ,.,-'" ~ to 1M Mottppr. IIownoer. 10 -. u aaid N<<tpIOI' it DOt ia def.ult berewMler, the ",ht to ~i\l'e aad nWn tuda reDIa, __, aDd pro6tI. (b) An judJmenu, .wards 01 ....... ud ..we-ata Mftafter DUde ... a nault 01 ot' lD lieu 01 anr lakin, of the premilet or any ..It thereof under the power of eminent domain. or lot' uy damap (whether calUCd by .uch tWill or otherwite) to the premises or the improwment. thereon or any pan thereol; luch ..rt of any luch judsment,. award << Mttlement, as the Mort.qff may ele<< to be applied to the indebtednea hereby IKUred and the balance thereof, if any, to be reserved to the party 01' putiee odMnflae ...titled . tMteto. . " 1'0 HA VB AND TO HOLD .. above IlUted aod dacribed premiaeI to the aaId Mort.asee. ita IUCceIIOn _ and aaaiJru, forever, and the aaId MortpIOl' does hereby fuDy W&nMt the titlt! to aaId land, and win defend the .ame &pinst the lawful clAims of an pel'tOlU wbornIoever: provided atwayt tMt if M0C't5AAOr shall pAy to Monp~ that certain promiJaory note above detcribed and shall perlorm all othel' covenanh ud conditioN of said pnmUlIOry note, and 01 any \'eM'Wal. ex~n or mo.ii- fication therf'Of. and of this mortsqe. then thia mortlAP and the estate hereby cre~tffl mall cell!le and be nu~l and void. ~ , I MortgAlOr further C'OVenanU and apea With Mort~ as 10lloWl: I. To pay an lumi includin, interest secun-d hereby whe~ due, .. provid<<i for in aaid promiuory note and any renewal, extension ot' modi6cation thereof and in thia mortpp, all IUch mms to be payable in lawful I'nOMY of the United States 01 America at Mon~~'5 aforesaid prindpal ofIice, or at Neb other place as MortNte may daisnate In writing. 2. To pay when due, and without requirina any notice from Mortpget, aU tun, a_ntl 01 any type or nature and other charga levied or useIIed against the premisea hereb, encumbered or any internt of Mortgage therdn. To immedi- ately pay and dischar~ any claim. lien or enclllDbnnce &pinst luch premilel which may be or become supertor to thil mort. pre and to permit no default or clelinqueDCy on any other lieD, eoc:umbrance or chuse asailUt IlKb premlsea. S. If required by M'ortpsee. to abo make monthly depodll with Mortp~. in a non-intel'l!lt bearin, account. tOlfether with and in addition to interest and principal. 01 a aum equal to one-,-Ilth of the yt:arly tnes and ..-merIts which may be &evied asain..t the premiaes. and (il 10 required) one-twellth 01 the yearly premium. for insurance thertOl\. The amount of luch lUes, ~nU and premiuml, when Wlknown, ahaII he eatimal~ by Mort~. Such depolits man be uaed by Mort,al" to pay auch taxa, aueumenh and premiums when due. Any inaw'llciency of Nch acCOWlt to pay such char~ when du~ shaD be paid by MonplOr to M'ortp,ee on demand. If, by reason of any delault by Mort~r under any provision of thit mort. P~, Mort~ declana aU IUrns leCured hereby to be d~ and payable, Mortgqee may then apply any fundi in laid account Against the entire indebtedn_ secured hereby. The enforceability 01 the covenanh relating to tax", anesancntl and inluran<:e premium I herein othenme provided a!uU not be afl'ected ncept in 10 I., as tho.e oblilJationa have ~ met by compliance with this paralJl'llph. Me-rteagte may lrom time to time at ill optioD waiw. and after any such waiver reinstate. any or an pnwiaionl bereof requirinr such depoliu, by notice to MortpCOr in writin!. While any luch waiver i. in effect Mortpror IbaU pay taxes. _nta and insurance premiuma .. herein elaewbere proYided. 4. To pay all taxes. staasp tax or other chaI1e wIUch msy be ___d upon thi. mortp.... ot' said note, or tndebted_ secured hereby, without I'elfard to any law. Federal or State. heretofore ot' hereafter ~na('ted. bnpolilll ..yment o! all or any part thereof UpoD Monppe. In event of enactment of an, Jaw Impoainr payIMnt of all or any portion 01 any mch taxes upon MortraIft. Qr the I't!ftderinll by any court of Iut retort 01 a decision that the undertaltilll by Mortpp, .. herein provided, to pay IIUdt tax ot' ta."tel II Ieplly inoperative. then. Wlle. MOrlfaIrOr ~"Crtheleu pays aueh taxes, all lumI hereby leCured, without any dedoction, ahaII at the option of Nortppe become immediately due aDd payable. notwitlutandin. anythinf contained herein or any law heretolore or hereafter enacted. ~. To keep the premises insured apiftIt 10sa or damap by &re, windRorm or extended coverap aDd auch other hazarda .. may be required by MortPlft, in lorm and amounh IAtiafllCtOlT to. and in insurance compania approved by Mon.p.ree. and with acceptab!e ~ Iou payable claUlet attached. Stach policies. toKether with IUch abltracu and other title evidei\Ce as may be required by Mortpsee, iliaD he delivered to and beJel by Mortppe without liabilitr. Upon 10ftd0aure of this mort,. or other acqu.isitioa 01 the premilel or any part thereol by Worts..... laid policies. abetracta and tide eftSeDce ahaD become the abeolule pI'Operlf 01 Monga,ee. 6. To fint obtain the written conaent of Wortppe. auda ccnaent to be I1'lInted or withheld at the IIOIe diacretion of .uch " Mortppe. before (a) removin, or demoliahin, any buiJdilll now or h('rnfler erected OIl the premiJes, (b) alterin, the arrange- I ment. desisn or structural ch.....cter thereof, (c) makins any repaira which involve the removal of Itructural parU or the expomre of the interior of luch buildilll to the elemmtl, or (d) exeept for domati<: purpoera. cuttinl or reDlO\-in, or permittinr. \ the cuttin~ and removal of aDY treeI or timber 011 the JlftlDi-. 7. To maintain premiaet in sood coac:lition aDd repair. iDcIuding but not limited to the mUin~ ofl\U'h rep3in as Monpcee may lrom time to time cktermioe to-be neceaary lot' the praervabOll 01 the premiaeland to not commit nor penIlit any waate thereof. a. To com"'" with aD Jaws, ordinancel. replatioD&. covenantl, conditioN and l'eItrictions alfectinr the premises, and not to aulfer or pmnit an, violation tMreol. t t) t ~ 9. If Wortpaw laila to ,.y any claim, lien or encumIIrance which it aupenor to &hit mortgase. or. when due, any taX or ..-ment ot' inlUl"aDCe Pfttnium, or to keep the pI'emiaeI in repair. or ahaJ! COIIIJI1it or permit WUte. or U lhere be commenced aDY action (It' pcoceedilll afl'ectill. tblo prerm.e. or the title thereto. then M~, at iu option, may pay Wd claim, lien, eftCllDl- brance, tax. .-ameot or premium, with ript of lUbro,ation themlDder. ..,. make IU<"h repaira and take IUCb step' as it deea. advisable to preYCftt ot' (;ure such waste, and mar appear in any luch action or proceedinl and retain countel therein, and taIr.e auch action thereia .. WottpSee d_ adviaable, and lor any of laid purpoteI Mortpgee may advance auch IUDlI 01 raoner. iDcludintJ all UlItI., feU and other iteml of expmIe .. it ~~ oec:asary. Mortp.see IhaJl be the ~le judJe of the leplitr, YAliditr aDd pricri.,. of any such claim, Iim, encumbrance, tax. .-nent and premium. and 01 the UDO'lIDt DeCeII&r)' to he paid ill .tiafactioa thereof. MOC'tpCee ahaII not be bdd a<<owItahIe 1M aJlf delay' In makint any auda payment, which deJa,. may result in lID' additioaal intereat. COlt, cbU"pl or apeate otIIerwiIe. 10. WOI'tfqOl' wiD paT to Wortcacee. immediately aad without deaaaDd. aD IUIIII 01 money ~ by Wortppe punu- &Dt to thia IDOrtPP. tosether with iIltereat os eadl auda a.dYamcemmt at the rate of ten pel' cent. ( I K) per UUl~ aad aD IIUcb _ and iIlteraC therecn rbaD be lIK\Irecl hereby. - II. AD IUI'J\I 01 IDOMf aecurecI benIt, .w lie 1Ml}'8b!e witMut an, reilef wha".>er &0. any Yaluatioa or" ~t &aWl. 12. II ddauk be made b1 "yJM.tIt 01 any iDlta1meDt of principal or interat of lAid Dote 01' any put thereof whee due, or ill payment, wbeft due of aIIJ other IWII eec:ued herebor. C1I' in performanc. of &6' of M~lobliaatiooa, COYeAanta or ~~ .~~..-:n of the indebted_ eerured W$f $II bKmne &I'Iti be ~i.\elr due aDd payable at the opdon 01 ~,W1~t _~_~ ~_~,~~.~ ~!.,!,Ai'~ !-.wtUda.~1..!l~~r_~:~l~_!' _aD,\~,_____