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'b~t 7 249
Sl. lUClE COUITl, fLA.
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TOO!THU WI~H aD aDd An.wu daa ___~ 1MncIi..... ... ....,........ ......10 1l1\:l'"n Cll' 6ft ..,...
th~reunto appel'tAiW.ac uci 1M renta, __ ...A proIta ....,. .... Uo aU .. ....... ri.... ........ ... lID c:a.c. -
demand wha~, at ... in law .. .. eqw'Y. 01 the ~ W<<tpeor ia ADd to ..... ...... ~....., IIIIIJIIcI .:
( .) .\11 l'tftta, pro6h, reYeIIoUet, royaltitIe. npu ud brae6ta dcriwd ..... (l) """"..... .. ..w ...., .... ......
01. the lOil otbeoo. (2) oil, ,.. 01' miDuaJ ..... 01 tho prenU.e or .. put ......." ... ~ - ......... ...-Ie. .-
(:5) ail other rents, iuuea .nd pro6ts ;A the premltet from time ~ time ~. wbccber under..... 01' tllltar.... DOW ~
or h~rufter cI"Cated; in each I\lcb CQJ with the n.tat in the Mortptee, but GDIy at h. opdoa, to ~ ucl ,.,.tpt ~
and to apply the 'aame as it nuy elect to any Iodcbt~ MCQl'ed hereby, ud the Yortcqee, at let olIpdciD, .., ~. IUe for
and reco\'er any luch pa)mt'nlJ, reae,,'in~ to the Mortpsor, hown>er. 10 -. .. laid WanIaIDr II .c ia default ....11I del, ..
rilht to receive alid retain luch rents, i..ues and prolita.
(b) All judgments, awards of damqn and llettlemenu hereafter made &I a ....ult 01 01' fa ... ., any &akin, 01 the
premise. or any put thereof under the powe!' of eminent domain, or fOt' any chma8e ('lfbether caUled by .-:h takiat Cll' othcnriIe)
to the premi.es or the impro\'e~;'\1I thereon or allY put thereof; RICh part 01 any web Juc::.-at" award 01' ~I, AI the
Mortg:l.g~ may elect to be applied to the indebtedneal hereby 1eCU~ and the balance thereof, if any, to be ~ to the
party or parties otherwise entitled thereto,
TO H:\ vg AND TO HOLD :he above granted aDd described premi_ to the aaid Mortgage<., ita IUCceIIOn a.~ aaaiIJU,
forever, -'l.1 .L1 ..isl III l[l, [l I "III 1.. ,', f~11 t'" ..tl . !-MaI la..!, . :.II ,hill. ... !~ ~ '....t ...1. k fuJ
c*- tl '11" p- n_ ...\"~~~".r: providt'd alwaya that if MOJ1la~r shall pAy to Mortga~e th.t certain promitaory note abo\-e
. de,nibed and shall perbrm all other co\'e:.~nU and conditions of said promiaeory JlOtc, and of any renewal, ex1aWoIl or mod!-
fication thereof. ClOd of this mort!(a!{('. then (hil mortp;ase and the ~tate hl'reby cre-l'iffl shall ce~ce ~nd be IIUU "nd void.
'. Mortg:\gor further cov('nants and agref'S with Mort~ as follows, ~;
I. To pay all slims including interest secured hereby when dul', IU provid~ foc in ..id promiaaory note and any nmewal, "
extension or modification thereof anti in this mortgage, all such sunu to be payable In lawful money of the United !Ium 01 ., ,
America at Mortl!~~e's a(ore.aid p~inripal office, or at luch other place as Mortga<<ee mAY desilna~ in writin~.
, 2. To pay when due, and without requirinl any notice from Mort~~, all tax~ uW'U~nts of any type or nature
'tDd other char~es levied or as.('~.ed against the premise. hereby encumbl'l'ed or any inte......t of Mortlage th~rein. To immedi-
tJ:ely pay and di"harge any claim, lien or encumbrance qainst such premisa which may be or become superior to this mort-
ll'Age and to permit no ddault or delinque!'\cy on any other lieD, encumbran('e or chure ~lUt _suc:h prembea.
3. If requir('d by Mortgagee, to also make monthly deposits with Mortgagee, in a non-i1\terelt bearing account, toSttbel'
with and in addition to intNeot and principal, of a sum equal to one-twdfth of the yearly taxes and auelSmenta which may be
leviI'd agaimt th(' pr('mises. and (if so required) one-twelCth of the yearly premiums for in.uranct thereon. The amount of Nch
taxes, a..(',sments and premiums, wh('n unknown, Ihall be eltimatl'd by Mortgal{ee. Su('h deposiu than be uted by Mortpgee
to pay such laxes, a.~ssments and p,-,.miums when cue. Any inlufliciency of 11Ich account 10 pay .uch ('ha~ when due Ib.u
be paid by Mort"agor to Mortl(:u;ee on demand. If, by reason of any default by M ,)rt~lfOI' under any provision of this moil.
gage, Mortl{agel' declares all .ums secured hereby to be due and p"yable, Mortl(asee may then apply any fundi In said attO!mt
against the entire indcbtedness !I'cur('d hereby. The enfol'Cl'abil.ity of the covcnanU relatin3' to taxe., auetanenta and insurance
premium. her..in otherwise pro\;c1ed sh3ll not be affectl'd ex.:ept in 10 far as those obligationl have been met by compliance with
t},i. paragraph, Mort!{ag('e may from time to time at ill option w..ive, and after any luch wah'er reinstate, any or all proviJiotU
hl'reof requirin!( .uch deposits, by notice to Mortgagor in writin~, While any luch waiver i. in l'ffect MortIagor ahall pay taxea,
as.essments and insurance prcmiums a. hl'rein eue....here provided.
4, To pay all tax('., stamp tax or other charge wh!o::h m,y be assessed upon this mortgllge, or laid note, or indebtedDetI
s('cured hereby, without r,,~ard to any law, Federal or State. hNetc..for~ or hereafter enacted, impotin, payment 0{ all or any
part ther('of upon ~f0rtl(agee, In event of enactment of any law imposing paym~nt or all or any portion of any luch taxes upon
Mortl(al(e('. or the renderinlt I,. any court of last resort of a d~cifion that the undl'rtaking by Mortgasor, as herein provided, to
pay such tax or tax..s i. kltally inop<'rative, then, unll'u Mortgal!:or nevNthelus pays such taxes, alllurns hereby lCCured, without
any d('durtion, shall at the option of Mortgagee become immediat('ly due and payable, notwidutanding anything contained herein
or any law heretofore or hereafter ('nacted,
5, To keep the p(emi.('. insured against loss or damAge b-! fire, windstorm or eJ(tl'nded coverage and rum other haurdt &I
may be required by Morlgalt('('. in form and amounts la!:!hctory to, and in insurance ccmpani~ approved by Mortgagee, and with
..cc('ptable mortltage~ 10.. payable c1au;es attached, Such policies, to!(e!her with such abstracts and other title evidence u may
be rrqllirt'd by Mort<:a!!'ce. shail be delivered ;;) and held by Mort~agee without liability. Upon foreclosure of this mortg&le or
other acqui.ition of the premise. or any put thereof by Mo~tgagee, aaid policie" abstracts and title evidence thall become the
absolu,e proJl"rty of MOl tIp l(ee ,
I.' 0, To fint obtain the written cons..nt cf Mortgagee, such con~nt to be !tranti'd or withheld at the soIl' discretion of IUch ,
, Mortl"lll;'ee. ~fore (a) removing or demolish:ng any building now or hcr('after erected on th(' premise., (b) altering the arrange-
l"1~nt, d...ign or structural charaClrr therl"Of. (c) making any repail'i which involve the removal of structura: parU or the t
. \xpo,ur(' of the interior of sllch buildin!{ to thl' dements, or (d) except for domestic purposes, Clllting o. removing or permitMI
th(' cUllin!{ and remO\'al of any tr('('o or tir.lber on the premileSl,
7. To maintain premi,('. in gocJ condition and repair, includinq but not limited to the makinl{ of IUch repairs as Mortpsee
may from timl' to timl' drt~rmine to be necessary for the preservation of the premises and to not commit nor permit any waste thereof.
8, To comply with all laws, or<Fnances. r('I{ulations. covenants. conditions and ......trictioru affecting the preU1i~s, and nol
to suff..r or permit any viobtion thereof.
9, If Monl(a!{or Llil. to pay any claim. lien or enrumbrance which is liJpe~ior to this mortgal{e, or, when due, any tax or
"ss('ssrr.rnt or insurance prcmium. or to ket'p th(' premisel in repair, or Ihall commit or permit wute, or if there be commenc~
any action or proce('dim: arr~ctinl!: the prrm:.... or the till.. thereto, then Mortgal(et!, at its option, may pay said claim, lil'n, encum-
branre. tax. ass('..ment or pr..mium. with ril(ht of su"rogation tht'reunder, may mak.. luch repain I\nd take such steps &I it deema
a,i"i.able to prevent or cur.. such wastt'o and may appear in any such ..ction or pr'Xeedin~ and retain c:ountel therein, and take
such action th('r..in ~,. Mortl(a~('e de('ms advi.abll', and for an) of said pUrpoae-l Mortpgee may advance auch luma o! money,
includinl( all costs, fe('s and othcr itt'ms of expen~ as it deems necessary. Mnrtgagec Ihall be the tole judge oi the legality,
validity and priority of any such claim, lien. t'ncumbrance, t~Jt. assess~nt and premium, and or the amount neccuary to be paid
in satisfaction thereof. Mort,"gee shall not be held accountabl~ for any delay in makin, any I'lch p::yment, whkh delay may
remit in ar,y additional int('l"'JI, cost, charges or expenJe otherwiS';!,
10. Mortgagor will pay to Mortgagee. immediately and without demand. all sums
of money advanced by Mortgagee pursuant to this mortgage, toge(her with interest
on each such advancement at the rate of 6~% 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 IS default.
11. All sums of money se..::ured hereby shall be payable without any relief
whatever from any valuation or appraisement laws.