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'1'OfiEY'HES AI'1'H all aad ansul~e t6~ kuaaent~, Mredit~mena ~sd~ppurt~o~neM thaewtnto b~lo~tin` or ia sny-
. wLs therwnto ~ppeetaininr ~nd Ws ceub. inues aadpe~oata thee~sat. and alw W tM Mp?ta r~h titb. intecat and aU el~wa '
•ad demand wlutaoevee. a~ well ia law as in eqniqr. ol Mats~or iu,and b tM nma ~~~~t aot limited to:
AA cent~ pron~s,,~ewvenua~. e~a~ltia. re~Dts and banedts danved te~om (1) ae~op ~e~owo on aid ~eouri4y and produce
oi tLe wil ott~ennus Cj) ~1.~as or~ minenl 1e~~a at the pemi~e~ oe +?a~ tDa~sot now ad~tu~ or her~attee mada with the
ri~h0 to reeeive aad reesipt thee~e(oe ~nd~~ tbe ams to the indeb~ ~eenre~ hee+sb~ eitl~ee bstots or dtae ~qy de[e?ult
hereuader. and Moet~~es ma, danand. we foc ~nd reoove~ aqy suoh p,Ymenb bnc s6all not be reQuired w to do. aad l3) sll
othee rsav. i~wes ~?nd prosts o~ ths premisa from tims b tims ~ooruiut wAsthee undee iease~ oe leoaaeies aov exixting o~
hece~ttee erest~edt raervviu~ to Mor . howerer, ~o ioa~ as Moet~a~o~ ~S not in deioul~ b~tnder. We rish~ to reosive and
~ retaia Ws renb. usue~ ~ad ProBt~ in~ (1 and (3) baeein. '
(b) AU jud`ments. award~ ot dama~es ~ settbmeat~ Lere~tter nude re~ultin~ trom eondemnutioa or the
taldns at tbe pe~eani~e~ oe aqp p~rt thee~eol nadee We powee at eaainea~ domain. or Ioe at~r dama~~iirhethaeFn i~Dy ~uoh
Oe olhltwiN) LO the prsmF~es Oe 1bs ilnpl'OVements theleol~ oi aqy p~[t t!tlt~eot. Ot to aa~y ts ~ppurteRant thertW,
~ aq~r awaed foe ohao`s ot Rsde ot ~troeb. Mort~a~es a harsby i?nWoiised. on bd~alt and ia We aamo ot Mortgagor.
, to exeouts aad delivee valid aoquittanee~ toe. and to appe~l teem ~q~r suoh judrmenN oe award~. Morl~ugeem~,y ~PP1Y ~
snoh suau oe aq~r part thereof w rsoeived. dtee tbs~p~yment ot sSl a[ itsas~ewe~. ineludio~ eosLs and ~ttorneys' feea~ on tLe
indebtedneas ~eoured hersb~ in suoh maaner as it ebots, or, ~t its option. tbs entirs amoant or ~e~r part tLereol so reeeived
may bs rele~~ed. . ~
. TO HsvE AND TO HOLD Ws above ~ran`ed aad de.aeibed prsmise. to Mattra~es. ia snaoe..oes wda~a~ forevee. .
aad Moctg~gor does 6eosby~y aarrant We titls to aid~ ~nd Milt datead tbe wne ~in~0 the bwful daima o[ W peraons
~rhomwever: provided alw~ys t6at d Mortta~oe aball pq to Mort~~ges t6at eset~ia prom~ory note ~bove deseribed aad shall
s~nd~~thi~i m~atgaQ
„e„~Mtlu'~m~a~
and
tL~ tste~~hee~sby a~t,ed
sd6a~n oei s~
bs ~~va~'d anodisoation thoreot.
, Mortg~gor tnrther ooveoanb~ and qe~ees witb Moeftages as follows:
. 1. To p~ ~11 sums ineln int~xes! ~eoared he~eby when dne, as provided foe in aid nots ~nd any r6aewal
eactsnsioa or modiSo~tion th~ and ia Wi~ martt~s, all sno6 sums t~o bsy~y~ W b nl money ct the United 8tatee o~ j;
Amerioa at MoMgagee's dorea?id princiP~1 ofHos. or ~t woA otbar Plaes as -irt~sb-mpr de~ianats ia r?riting. ~
+ 2 To p?y when dna +nd ~ritlwutre qwring wy aotioe irom M~~r~, al1 t~e~„ wessmenLs ot any typn ur nature and ;
~ - other o~~es levied or a~esaed agairut t6s prerai~es Leneby eacumbet+ed and peodnos teoeipts thee+etoe apon demand. To
, immediatetY PsY and disnharge e4im. lien or e~oumbranoe ag:iust saeh premi~es whieh ayy be or booome supeiior to _
~ this mortgage wd to permit no d~ult or deiiaqueaey oa any other liea. eaoumbriwos or oL~r~ta ~ainst saeL premises.
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~ 3. It reqnired by Mortgages. to abu maks montbjy depaits wiM Mortg~, m a non-interes~ be~cin~ aeeunn~.to~ether
' with aad in addiLion b intee~e~t and • . al s sume qu~al to one-twelit6 d tbe ye~rk/ taser ~ad assenments w2u'efi mqy ti
. ~ be levied againat the pramise~. ~nd ('~req~i~ired) ons-LweHth ot the year~jrpreounms tor insnranee thereoa. The amount ot
~ueh taues. ass~menta and premium~. when uaknown. s6a11 bs ertimat~ed M~rt~~~es. SneL depoaib sball be used by MorF '
, . ga~g~ee top~y moh tases. aneesmes~ts and peeminms wrhen dne: Aqy vu~ d snah seeounL w pay suah ohar~^es ~rhea ;
dus ahall be"paid by M~rt~a~~r b Mott~a~ee on demand. U. b7 re~son d aq~ ebalt b~r Mortgag~or uader aqy provision o[ . ~
. ' this mortg~e. Mortgagee deolares all sums seaired hereby Lo be dne and Mortla~eem~y then spp~j? any inndx in ;
ssid aooonnt ag~inst the entire inde6Ledness ~eonred 6ereby. T6s entoreeabs4'~ty d t~s eoreoants rel~ting to ta:es. ~swents - ~ ~
~ aad insnranoe premiums herein otherwise provided ahall not bs affeeeed eacospt in so tar as tha~s oblieataons lu?vs been met by . .
- oompliaaee with Lhis h. Mort~gee m~yy from time W time at ita optson waive. and aiter aqy sneh ~raiver reinstate. .
` : an
y or all p
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e qnitint suab d~wits. b7 aotios to M
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a g o r in writing. WLils any sueh waiver is in effeat :
~ ~ortgag~Or ~
h a
ll Pa~Y tazes. assessraeats a
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d insuranee preminms ax h
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~ 4. To promptly psp ~11 _taxes and aeseesm~b~ a~ed or levied nnder aod by viriue ot atyr atate, federal. or municipt~l '
' ~]aw or regidatiou herea(ter passed~ against Mortga~ee upua this mortgage or the debt heroby secnredt or upon ita inter~~,t
under this mortgage._provided Lo~rever thst the total amouat so p~id for sny suoh tues pursusnt to t6~s par~raph togethcr
• ~rith the iat~erest pwysble on ssid iade~t.xlness shall not exoeed the hi~Leri lawful rsLa d intee~est in Florid~ aud pm~•nled
• furtLer that in the eve~it ot the passags ot any snoh bw or regul~tiun. the entirs indebtedaes ieeured by this mortgs~c shall
therenpon beoome immed'ute~,j? due and pay~?ble st the uptan ot Mortgagee.
. b. To keep We premises insured~gs~nst 10~~ or dam!~e bY Sre. r?indstorm and sneh otber ha:ards as miU? bereqnirei~y i
M in form and amonnta satidaotoq b. aad ia uuuranee oumpaniea sppro~ed b~? M~rt~age~s, tbs policiea for whioh ;
insura~aoe
s~h~ll be p~yable ~o M Sneh PoJi~eie~. aad ~?bstrae4 ~ad othar ptb a~idenos. ~LaII bs d~elivered b aad held ;
by Mortgagee. Upon forecb~r~o~mor~s or ot~her aoqnirition d ths~pramues or any p~rt ~ b~ Mo~S~ee. ~d ~
Poliaies. sbatraots snd tatle ev~enoe shall beooms ths sbwlute proper~y c[ Mort~ages.
- 8. To Mst obtain the written eoment d M weh oonoen~ w be ~eanted oe wit6Leld at the ~ob di~oretion ot suah ~ ~
' Mortgagee„ be[ore (s) removin~ or d~~nga
~o~yy~~ nuw or bere~ttec ereeted on tLe prsmi~es, (b altering the arr~nge- :
men~ desiga or st:aaWral eLaraetee tLee~eo[. (ej " aqy repaus whieh iavoh?e We eemmral d stcue~ pares or the.e~o~ure ;
~ of t6s interior d suoh b~u7ding to tLs dementa~ ac (d) eseept foe domestio PurPae~. onttint or remoring or permitt~ng the i
entting and reznov~l ot aqy trees or timbae on the p~+emues. - I
~ 7. To maintain premises in ~ood eondition aad repair. induding but not limited to the matins o~ ~ueh tepairs as Mortgagee ~
may from time W time determine to be neoe~earY fot tLe P~+tion ot the premi~ea and to not eommiS aor permit any waste •
. thereot. ~
~ 8. To eomp~y with sII laws, aedinanoes. e+egulation~. eoveoauts. oonditioos and restrietions a!leet~ ths premises, aad not ~
' to anffe~ or permit aq~ violstioa tbeeeot.
9. It Moetgag~or ta~7s to ~y aq~ eWm. lien or eneambraaes whieh is mperior to this anoet~a~s, or. wh~ dae. any t~ or ~ '
~ aeseasment or insuranos prenunm. oe to keeP ths ia rsl~ir. or a6a11 eommit oeFarmit wast0. or i[ t,hers be ooa+menoed :
any aation or prooeedin8 aQeetin6 Lhe premises or qtb thet~eto. . bnt not timited to. aa~insnt domain aud banlw~ta9
or reoegani~4a~ p n~s,, thea Morteagee. ~t i4 optioa. ma,Yp~y said e' lieo. enaumbr~aes,~i~eameat ar premium~ -
with righi o[ sabrogi?ta'~theeeundee. may,Y malce saah repaira aad Wce snoh steq ~s it deems ad Wprsvent or oure suob . i;
ere
wasta ~?d sPPear ia any suoh ~etion or prooeeding aad ret+~in ooansel Werem. a~d Wce snoh ~otioa th~cein as Morig~gee ;
~ deems advisab~ and for aqy d said pnrpo~es MortB~gee m+?y ~?dvanee snoh sums d mons~. ineludina all eost+. reason~ble
~ aitornay's fees aad other items d e~sase as d deems neoes~ary. Mortga~es shaU bs tlm sole ~ud`e o[ the legality. va~idity snd
z ' priority o[ ~ay sueh o1+im. lien, enoumbea~?c0. tair. as~esemen~ and Pre~nunm. and d tbs aawnatneoe~.ary Lo be paid in satia- .
~ taation thereot. Mortga~g~ee shalt aot be hdd aeoonatabb tor any ddsY ~~~t ~4Y ~ PRYment~ whinh dele~y m~?y resul t in
~ any addidonal iuteresi~ oosts. ohuR'es or e:peose otherwi~e.
10. Mortgagor will PRY ~ M~~s+~6~. ~~~+?~lY and withont deauaad. ait snms o[ mone~ adv~aeed by Mactgagee pwauanL
` to this mortgage„ inolndios ~lt eosts. e+ewonsble ~ttorney'~ fees ~nd other items d esPeob. t~ag~ethee with interest on eaah snah , "
' advaaoem~o at the rsts o~ ten per oen~. (10°{~) Per annnm. and all snch snms aad int~er~est thee+eon shall be eeoured hereby.
• 11. All sums ot money seonred hersby sLari bs psysbls withont ar~ rdid wLatever irom an,y v~lnatioo oc apgrai~eo~ent 4wc. _
12. II de~ault be mads in pa~ment d any installmeai o[ prinapal x int~t ol aid note or part tbereot wben dne. or ~ ~ ~
in psymenk when dus. ot other snm ~eenced hersby. or ia perlormanes d~ d M s oWi~at+ons. oovenwts or . .
agreem
ents hereunder. all d~ indsbtedners ~eaared hersbY a~ll beoome and bs ~mmedi~? ne a~ p~yabk at the option
o[ M~rtgagee~. withont notios or domaad whieh ~rs he~+eby~~y waived. in wLioh event Mort~ag~ee msy avsil itself ot
all righta and remedie~. ~t bw or in equit~ aod Wis mortaage m~y 6s loe+eolo~ed with all ri~hta aod remedies asorded by t6e
laws ot Florida and Mort~agoc s6aU pay a{l eats. oh~r6'es aud euPewe~ theroot. inoludin~ a reawnsbk attaney's fee.
~ 13. It defanlt be made in p~ymenk whea dus. d aqy indebtednees ~eeared hereby. or in pec[ocmanoe d any d Mort~agor's . .
obligations. oo~eoasb~ ar a~reemen4 bee~enndae:
(a) Mortgag~es is wthorised ~t aqy timq, witbont mtios. ia its wls diso~stiou b enter npon aad take poraession ot :
' the Fe+emise~ or any part t6ereot. to perform soy ~ots M~ deems neee~ear~ ee~proper to eon~eeve ths seennty snd to
oolleot and reeeive au renta, iswes aad proflh t6ereo[, indu ' tlw~e past dns as weU as thws a~ooruin~ theredter. and _ ,
~ (b) Mortgagee sh~ll bs entitled, as a mntte~ ol ~trieC rigLt and wi Wout ng~erl to the valne or ooonp~ney a[ the seeurity. .
to }uve a reoe~ver appointed to enter•upon a~ Lakepoae~on o[ tbe pe+emi~es. eolleet tbs rsnt~ and pi+ost~s theeetrom and sPP1Y
' the same as ehe eourtmay direot, sneh e~eoe~iver to havs aII tbe ri~hh ~nd powers Permitt~ed nnder the hws ot Florids.
~ ~ In eit6~ suoh ea.e Mort~a~ee oe tbs reoeiver m~y slw Sake n d. ~nd tor Lh~s PnrPo~e~ nss. uW' aad all persousl
~ _ pmPerty contained in L6e premises aad nsed b~? Mort
f~or in rental or {win~ tbered or anr part eheeho[. The eupensa
(inoludwg e~eoeive~s tee~. eounssi fee~. eoats aad ~gant s oomP~~) W~~ ~ t~ P~?en herein eontaiaod shall '
` be seonred hersby. Mortgages shall (attee p~,ymeat of aIl aosts snd espemes ineurred) +~PP~Y sneh r~?ts. iasues ~nd profits
~ reoeived by it on the iadebtedne~s ~eeured Lereby in suoh ader ~ Morttagee determines. TLs t to enter aad uke po~scessiun •
Pi'oP~Y W m+ru~g~e amd opeests tLe ~ame. sod W eolleot the rents. isrnes aadproSts tbee~eot whe~her by a recei~ er ur
~ oWeewias. shali ~e eumulstive b oWer riah~ or remedy hereunder ~ aCorded b~ law. sad may ~s e~tece,iaed eoneurrentlp
~ therewith or indepeadent~j? theroo[~ort~a~ee s1uU bs li~ble to aooonao on~jr for suo6 rent~. iss~e~ and pro6ta satnal~jr received
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