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. ~ f~!ltb1111~0 ~PPeTW010t ~~!'BRtt~ IM11M iOd 1t ~~10~'00~~ Y!d i~/0 M~t0. ~b 111~IOr ~Rtd!'~fr iII~ iU OW!!1
aad demand wlut+osver. i?s .nit in L?w ~ in eqni~. Moets~or in and b W~ same. inelndu~~t uot limited eo• .
' ' (a,l AII renh. De~ofltst rs~renuas. ro7altie~. nthts and ben~Ats derived t~om (1) ae~oP~ ~rowu oa aid security ~ad pe~oduos . .
~ ' ot We wil otherwi~s CZ) a1. ~s ar m[nec~l le~~a at ths prsmira~ oe W~ tbee~eot aow a~wtie~ or hereatter mader with the '
! risht to reoeive snd reoeipt Wee~efor aad~~, tbe wne to t4e iadeb as ~swre~ bersby e~tbee betore or atter ~ny def~?ult
bereundee. and MoetBa~es ma~? demard. sne iot and reoover an~ woh p~yments but sbal! not be required ~w to do. and (3) nll .
• other raib. iasues and pro4L ot t6s premi~es t~n tims b time sooruir~ whethee ander le~~a oe tensnaen aow a:isting or .
{ . here~tt~ee ore~ted.t~ese~v~a~ to Mort~s~o~. lw~sveeti w loc~ a~ Moctiagoe not in detsult hereunder, the right to roceive ~nd ~ -
rstaia Ws rents. iasues and pe~oflts in ol~»ses (1 and (3) hecsin.
(b) All judsmenf~. ~wards ot da~n~a ~ ssttbmeala Lerea~tae mads raaltisat trom eondemnstion or the
! : .~alan8 ot ths pt~emi~es oe aqp p~rt ~ereot nadae the ~wer ot emiaenL domain, oe fae aq~r damacs~(whethp~x~by snoh '
~or othenvisa) to the pramnes or t6e improvemants thereon ae ~aJr p~rt thaeeot. oe to ~ hts ~ppurteaant Wecab.
indudia~ so~ swa~d ta ohaag~ o~ ~eade ot ~tnee4. M ~s herob~ ant~w~d, o~ bshaH ~nd ia the name ot MonSsgor. .
~ ' ~ Lo e~cute and delivar v~lid aoqnittanees tor. and to ap~rom suoh jnd~menes oe ~wards. MortRsgae ~ne~y spply sll . .
! , weh swns or aq~? Par~ the~eo[ w t~eoeived. ~ttae thep~ym en0 oi ~l~it~es~eo~e~ indndint eost~ aad attoraeys' f~s, on tho
~ ' indebLedness seoured hersby in inoh manaer as iL eleots. or. at i4 oPtioo. t6s en
'Lrs amonnt or aay p~rt the~vuf so recvired
+ . au1Y bs rele~ed. •
e eri
' • TO HAYB AND TO HOLD the i~bo~s ~eanted and de~eribed premi~e~ to Mart~~eb. ih sncoeawa anda~gns, [orever. -
. aud Mortg~oe does Lereby [ul~? warr~nt tbs titb to aid laad and rviU ddead tbs nms ~ain~t, t6e hwtnl aWm~ ol all peawns ~ .
: ~~rhomsoever: provided alw~ t6at d Mo~tsasoe aball p~y to ~cetgagee t6at oertain prumwoey aote above deaoribed and a6a11
' ~ per[orm all oWer oovaunta aad o t~
iag~and
the~esLte~ note. and at aq~ nnewal~ ~teo~ion or modiBostioa thereot. .
~ and ot this morfgagq ehen tLis m eroby ae+e~eed a6ari ee~ss and bs nnll ~ad ~oid. ~
Mortgagor furthee oo~eoants and ap~ees with Mortgaaeis a~ foUowf:
= , 1. To pay W sums iaelnding int~erest seoured hee~sby ~rhen due. as provided foe in aidprcmi~o~ note aad~o,y rone~val,
. . ~ eacteosion or modi8eation Wereo[ and in tbis moHgaas„ all ~uoh suau to bs p~yable in 4wf moaey at t6e United States o[ r
~ ! Ameriow st Mort~~gee'a ~toreeaid peinaipat oQiee, ot aL suoh oWar pl~ae aa Moef~es.ma~r de~i~nats in writing. ~
~ 2 To pay ~rhon dua +nd witDoutre ~nieing aaq aotioe [rom M r~a~, ~ qxes~ ane~sments ot anp t~pe or nature wd " ~
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. immed~qy and diseLarg~e elaim, liea or eaoumbnnos against sueL peemi~e~ wLioh may be or beoome superiur.to .
. t
his mortgage a a
d to permit no d~n lt or d e
l i nquenoy on aqy ot6er lien, eneumbranes or eharRe +it+~iost woL premisee. •
~ ' 3. It reqnired b~ M~t`a~es. to alw malcs monthy depaita with Mrt~a~s~ in ~ non-intee+e~t be~ring aoeonn t~o~t6er. . F t
, wifh and ia sddition to iaterest aad p~l. d a sume qn~al to onatwdt~
t5 ai the ye~rbr, t~es and ~oessments w~'cfi msy ,
~ ' bs levied ag~inst the p~emises. and ('~reqnired) onatwel[W ai Ws ~e~r~jrprsm~nms foe ~nsuranos thee~soa. The amoant o[ '
• suoh ta:es. asseesments snd premiums. whm unknown. ~haU bs estim~tedb~ M~~, 8neh depo~ib ahall be nsed by Mor~ . ,
gagee to p~ snoh t~u~ea, ~a~eeanenb and peeminm~ when due. Aqp insnffi
a'eooy u~ weh aeeount to pp sueh charges w hen -
~ due shall be p~id by Mort~a~r to Mort~a~ee on demand. It. b~ re~on d aa,~ ddault b~ Mort~a~or nnder any provisrua ot •
• this mortgage„ Mortaagee d-eolaee~ all snnu ~eenred hersby Lo bs due and Moetaa~eem~y tl~en aPP1Y any tunds in . :
; s~id aooount against the entire iadebtedne~s ~eenrod hee+eby. The ent '~y
d oommanLs relstin~ eo taaes. a~essments i
and 'uuuranos preminma herein otberwi~s provided ~h~?Il not be sReoted e~ceept m w[ar a~ t6o~e obligstwos bsva beea met by • ~
: oomplianea with thisp~ragrsph. Mortgages may from time Lo time ~L its op~ion wairs. and dLer aay suoh ~raiver reinatate. -
aqy or oll provieions hereo~ reqnisin~ anob dePasits. b7 noties to Morf~~gor in writio~. Whi1s aq~ suoh waiver is in effeot .
~ . . Mo~'t~Or s6all M~Y 4~ces. assee~meats and insuranoe premiwns as here~n ebewbee~s ~pro~ided. a ~
~ ' 4. Top~omPtlypsp sU ta~ces and aeseasmenls amesend or levied undee and by virtue at any date, fedm~al. or municipsl ~
• ls~r or regulstion L~+eafter Psaaed. +~8ainst Morfgagee upon tLis mortgag~e or the debt Lereby seenred~ or upon its interest ~
. . nnder thia mort~age, pe+ovided howe~cee t~at ths total ~?mouat w psid for aa~y snah taxas paranaat to taus p~ragnp6 tn~ethc~ ?
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' ~vith the interest p~ysble on said inde~tedness a1~U not exeeed We L' est lawful rats ot inter~e~t ia Pbrids and, pruvided _~-y'
' further lhst in the event o[ We pasWge of any suoh law or ngu4tion. ~ mtire indebtedne~s seonred b~ thffi mortga~e shW • ;
~ tbereupon beoome immediately dne sad p~yabie ~t tbe option ot Mortgatee. ~
, b. To Yeeg ths premi~ea insue~edaga~ns0 3o~s oe d~ma6's bY &'s. windst~oem and sneh otLee has~e~d~ as msy bcreqa'~t L~C7
- Moc~a~ee, in torm aad amonnt~ ~atidaaLor~ to, and in insuraaee eomP~~ ~PPi'o~ ~ M~t~a~, ths poliaes tcr whit: •
. .~nsnraaoe shall be p~,ysbls tio M ~e~, 8aeh polieie~. aad abstrsots and oWer titls e~~aano0. ahaII bs deli~end to ~d heM''
, by Mortgages. IIpon foreolownaa[ tbis mortrage or other aeqnisition at tL~spe~em~es or ao,~ p~rt tbee~eol by Mortgaaee, ~wid- ~
~ poliaes. sbsLraeta and titls a~idenes sLall beoome ths absoluts Pi'oP~Y a' k+~[~
; 6. To Mt obtain ths written eoment d M sneh oonsent to bs ~ranted or ~riWbsld at ths ~ols disereLion ot suoh'
i. Mortga~ee„ be[ore (s) removio~ oe dean ~~~~u~1~'
d'wg now or here~tLer ee~eeted on We premi~es. (b~ altering the arrsobre-
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Z ment~ deaign or strnaiunl ohar~otee tLee+eo[. (ej~ aRY reP~irs whioh in~o~?e t6e remo~nl d strueWrai parts or tLe.ex~osure .
; : ot the iaterior d saeh bn~lding w tbs ebment~ oe (d) eieept tor domestie purpo~es. eut~+nt or remo~ or permitt+ng the
~ ontting aad removai d any Le~ees or timber on t~he pramises. ~
~Y . ~ T. To m~intaia penmise~ in sood oondilion aodrep~r. induding but not limiLed b Lhs malrint d sueh t~epairs as Mortgxgce
- msy from tims to time de~ermine to be aeoesear~ for We pe+eservstion oI ths premi~es and to n~oL eoma~it nor peranit any waste
. • Lhec+eo[.
` . 8. To eompl,~ with a11 bw~. anlinane~s. regnla~ions. ooveoant+. oondit~ioo~ and restrie~om ~eotin~ the premises, and not .
t~ to snffee or permit ~ny viobtion thereo~. ~
9. It Mortgag~or faas W P~7 +oY a1+im. li~ oe menmbranee whieh i~ ~ap~eioe to fhis moet~~s,, oe, wb~t dne, aay tax or
~ ' ae~eesmmL or insuraaoe prom~nm. oe to ~esp the~m~s in rspair. or a6aII eommit oeFecmit.nsts. oe it tLere be eommenoed ~
~ any a~c4on or prooeeding sReotic~ t6e prem;se~ or tbs titis Weteto. inc~t
. bnt not lim~t~ed to. emiaeut domain and bwlauptcy .
' . ortborgaaiutionp ' thenMortg~gee.malce ~~r~'epa~'n~ - ----"~°n.eneumbraaes.~anerementot premium. ,
j' , with right of subrogation er, au7 ~Wce snoh steps as it deems d' to prere~at or anre sueh - ~
' , wast0. and~may sPPear in any woh aolioa or Prooeeding and retain oonnsel Lhee~ain. wd taks sneh aefion therein ss Mortga ~ - ~
` ; . deems advisabl0. and for aay of aaid purposes Mortgagee my adv~nee sneh snms d monsp. ineludin~ ~11 aosta. e~easonable
; . sttorney's feea ~nd otLer it~ems d espeoss as iL deems neoees~r~ Mort~a~ss shall bs the wls ~udge d the IegaLty. vulidity an;I .
- pnon ty o[ any sneh oWm. lien. meumbranoq, tax. as~sment and Preuunm, ~ud d the amonaLaeee~r~r~ Lo be paid in satu- -
~ faation ihereot. Mactgag~ee ih~il noti be held seeountable tor any delay in mairin~ ~qy sneh pspmenL. which dolsy may se~lt in . - .
~ . . aay wdditional intee~esL. eosts. oh+Ber or espeose.oLherwise.
' 10. Mortgagor willpey to Mort~a~~es, immediatd~ and witbont demand, all sauu al money advanoed by biortgagee pursu~n t
( ~ to Wis mortgage, indndiag ~11 eosts, t+easonable attorney's feer aad oihee itA~s d e:peose, together with interest oa each auch
! advaaoemmt at the nte o[ Len pee aenL. (10%) P~ aannm, aad a~l sneh sums aud intered t~liereon ahall be seaured hcreby. ;
• . . 11. M snms aI mone~ ~eaued hee~eb~ shall l~e psysbb withoat any relie[ wLstever from aqy valnaiion or sppnisement luws. j
~ 12. If detsul0 be made in p~ymmC d aqp instaltment d peinoip~l x intee+est d said note or part thereof wbea duo, or
in pnymenS, when duer d othee sam aeoured Ler+eby. or in per[ormanes d an~ a~ Mo~~s oWi~a~ons, covensnte or .
agreements hei~eunder. a110[~ iadebt~ednem seeured heeeby ahall beoome aad bs ~mmedia dne aad psyrble at t6e opLion -
. ~ o[ M~rtgegee. ~.itLont notioe or demaad whiah are hee~eb7 eo~Pnes1Y waived, in wLioh event Mortgagee m~y ~?vail it~eH of
~ all rights ~nd remedies. wt law ar in equity aad t6is mortgage msy be foe~eo~wsd with all ri~hts and remedies aQorded by the
; ~ lsvn o[ Florida ~ad Mo~rtgagor ahvl p~y afl ooata. ehar~es ~ad eocpenies thee+eo[. inolnding a re~sonsWe attorney's fee. _
5' ~ 13. If ddaalt bs mads in p~ymen when daq at ~ indebtednas ~eo~nd Lerob~. oe ia psr[orm~nes at ao,y d More~or'~ .
; . obligations. oovenaab oc ~reement~~• :
> ~ (s) Mortga~es is auWori:ed at any t+ma ~?ithont noties. in it~ sols di~erotion b anter npon aod Wce poreeaion ot '
' the Premises or.~n7pact tbe~'ed. to pertorm any aets M deems neee~a~ or~p~o~er to eonservs t6e seaunty aad to
. ooIIeat and reoe~ve aIl renta. i~e~ ~ad pront~ thee~eol. iral~tho~s PML dne ~ well a~ tLae aeer~u?8 thee+edter. aad
~ N) Mortgages ahatl bs entitied, as a maLLee d striet right and witlwnt b the vatus or ooeap~noy ot the seenrity.
r. , . to hsve a reoeiver apP~ted to enter apon and tskepo~e~on at tLs pe+emi~, ao ! Ws renes aad pe~ts Lheretrom aad ~pply _ ~
~ We same as the eonrtmay direotti sneh reeeivee to Lavs all tbs eigiiU and poweesp~m~ tted nader the 4r?s of Florids. ~
f . In eiWer suah cass Mietsa~as a the reoeiver m~y also t~kepoa~non of. and [or the.s purpa.es nre. +w? aod all perwnal i
~ propert~+ eontained in the peemi~ aad nsed bp Moetf~gor in ths rental oe kaan~ thee+eo[ or aa~ part ther~eot. T6e e:peaae
' ~ . (induduig reoeiver's fees, eouasel tee~. eosts aod ~eaL s eompeowtion) inaarred pnnuant Lo fhe powers herein eontained shall ~ ~
; be seaured Lereby. Mrtgag~es a6all (attar pyrment o~ all eost~ wd e:pen~ inoarrod) aPPlj saeh rsnts. issue~ and proH4
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d aid propert to mana8e and operste fbs same,,-a_nd to copso0 the rant+. i~saes ~ndp~oQb~ireo[ wLether by w receiver or
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. ~ theeswitb or indepmdant(y theeeot~ort~a~ee,hari bs liabls to ~eeoun~ on(y for sncfi rent~, inaas iwd pro8ts soiual~jr reoeived -
~ ` ~ : ' bq Mort~a~es. , ~ _
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