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TOGBTNE= N'ITH all and singular the tenement~, hereditamenty snd appurtenanoea thereunto belonging u; in ant•-
wise thereunto appertainirtg t?nd the rentx, ia,uey and prufita thereot, wd sl.yo sll the estate, right, title, interN~t snci ~?11 claim
and demand what~wever, aa w•ell in Isw w.~ in equit~, af hlorlga,~~r in and to the +anie, incluciing but uot limited to:
(a) Att r~nta, pruBta, revenues, roys[tie~;, r~hts and beneHta denved [r~>nY (1) crope gruwn on said cset~urity arid pnxiuoe
ot the ~x,il utherwiee (2) oil, ga~ ar miner~! leusea o[ the preu?isses or any p~rt lhert,c~f, noa• euti:~ting ur heret?tter made, with the
right to reoeive and rec~+ipt theretor and apply the sarue tu the indebtednes~a aecured hereby either before ur after any defsult
C herc~under, and Mort~agee msy~ dem~e?ud, sue for snd rea~ver sny auch payments but shall not hc~ required su to do, and (3) a11
uther renty, i:u~ue+~ and proBts of the pneuiises from tirne to time ewcruing, whether undQr les~as ur tenancien n~w existing or
f her~u?tter orescsd, t~aerving Lo Mor r, however, so lung ss ,tiiortgagor es nut in dafauit hereunder, the right tu receive and
retain the ~nG~, iasueg aaJ prufitx in o uews (1) snd (3) heruin.
i (bl All judgmenta, awarcie ot dam~gee nt?d sattlertients hereaftor nisde resulting frorn aundemnation proc~eedin~; or the
f t~king uf the premixes ~r any part thereof under the power af eminent domsiu, ar far ~?ny daiusge (whether eauyed by such
takin.~ or otherwi~e) to the preaiise+N or the improvementa thereon or sny part thdreof, or to snv rights appurtenant thereto,
~ including any s~vsrd [or ehwnge of gracie of stteeta. Mortgagec~ is hereby authorized, on behalf snd in the n~meot &lortga~or,
t eo ezecute and deliver valid soquittanoes for, and to wppeal frum, nny suoh judgments or swards. Mort~agee n~ay apply a?ll
E such surue or any part thereot so received, sfter the payment of all uf itr? expensee~, inc~uding ec~st~ and attarneys teea, on the
indebtedneas secutc+d hereby ia suoh manner as it eleota, or, at ita optiun, the entire amount ur any part thereof ao received
may bc rele~xed.
~ TO HAVE AND 'PO HOLD the above grsnted a?nd deeorihed premi~ to ;~tortgagee, it~ Huooessors and ax.~igns, forever,
and :~iort{zsgor d~+e hecbby fnlly warrant the title to said land, snd w~ili defend the sarne againat the lawiul claime of all pe.r~ona
whomyoever; pn~vided alaaye that if Mortgsgcu shall pay W biort{;a~+e that oertair. promisxory note above desoribed and shsll
perfo~•m all other curenants snd oonditicu?s ot s~?id promisaory note, and of aay cenewsl, extension or madi8astiun thereof,
and of this martgnge, then this mortgage snd the e~tate herobp crested shsll aesse and be null•snd void.
~ Mortgegor [urther cavenanGs and ~grcaes with Mort~gee as followe:
1. 'l'u psy all sums inoluding intc+re~st seoured hereby v~hen due, as provided tor in said promi~ory note ~id arav rene~~ul,
extensiun or modifioation there~f and in this mortgage, all such sums to be pa~•able in lawtu! money of the [)nite~ States of
Ainerica at Mort~ee's afocersaid principal of6ce, or at such ather plaee as Mortgagee m~y designatc i.n writing.
2. To pay wtics? dur, e?nd withuut rec~uiring an~• tiotice froui D1ort~ee, al~ taxt,3, t?ssrsstuent, of an~• t.r•~~ ur riature an~l
uther chargc~ leci~i or assPSS~I again,t the premises herehp encumt~ere~ci and praiuce r~eeeipts therefor upu? de?uand. To
imou~tliatelt• pa}• and Jischar~e anv claim, lien or rncumbrance against such premis~ w•hich ~nay be ur tx~cuiae superiur tu
this mort¢,Txge and io permit i~u default or delinyuency on any other lion, encumbrance or char~e against ~uch preinise,.
3. If required by Mortgagee, to sleo make munth~v deposita with Mortgsgee, in s non-interest bea~ing scaount,to~e ther
with and in addition tv iuterest and principal, of a sun~eq
u~al to onertweltth of th~ yasrly ~axes snd sa~essments which mav
be leviE+d egainst ihe premises, and (if ao required) one-ta•eifth of Lhe yearly premiums for ?nsun?nce thereon. The amount of
' such tnxes, sss~ssmeats and prerniums, when unknoa~n, sh~?!1 be estimated by Mortgagee. Suah depc~its shall be used by I~iort-
~ ~agee to pay such taxes, s.ssessments and premiums when due. Any inaufaoiency af such socount to psy suoh oharges w~hen
due shsll be paid by l~iortgagor to Mortgxgee on demsnd. If, by teason ot any deisult by Mortgagor under any provision uf
~ this mortgsge, Mortgsges deolsres all sums secured hereby tc, be due and payable, MQrtgagee may thav apply any funds in
said aocount. against the ontire indebtedness secured hereby. The enforoeability of the oovensnts relating to taxcu, assessments
~ and insurnttoe premiuma herein atherv~~ise provided shall not be affected except m so far as thase obligateons have bc~rn met by
~ complit?noe with thispar sgraph. Mortgagee may trom time to time ai its option waive, and after any such weiver reinstate,
~ anv or all provisiotts ha-eof requiring such depoaits, by notiee to Mortgagor in writir?g. VVhite any such waiver i~ in effect
biortgagor ehall pay taxes, asse~sments and insurance premiums as herein elsewhere provided.
~ 4. Tu prumptt~• ~ay all taxes and acsessments asse~sed or Ic ~~ied uncler ancl by virtue of ar~y state, fecierel, or munieipal
~ law~ or regulaiion hereafter pa.s~~ed, agn:nst :~Sort{~agee uputi this ~nurtgage or the debt hereby securtxl: or upoii it, intere~t
i under thie: mortgage, provided hoa•ever, that the total amoUnt so p~id for any such taxa4 pursusiit tu t.hi, para~,raph together
~ u~ith the interest pa~•able on saicl i~idehte~~iness shall not e~eeed the highest lswfui rate uf intera~t in Elurida and provicl~~ci
further that iyi the event of the p~as~e of an~- sueh law~ or r~ulatiun, the entire indebtaclnc~, seeurecl br• thi~ murtgage st~all
thereupon beooa~e immediately due atad pavable at th~ opiion uf lfortgagee.
5. To keep the premi9es insured sg~inat loss or damage by flre, windstorm snd sueh other hszards ar-, may bereq uired by-
bior+.gagee, in form ac~d arnounts s~?tisfactory to, and in insuranoe oompanies ~pproved by Mortgagee the policies for whioh
insursnoe shall be payable ta Mor .$uoh poliates, and abstraota snd other tit:e evYdance, shatl he delivereci to and held
b~ Mortgagee. Upon foreclosure o~mortgage or other aoquisition of the~ premises or any part thsreot by Mortgagee, said
I policies, abetracts and Litle evidenoe shall beoome the absolute property ot Mortgsgee.
` 6. To Hrst abfsin the written eansent ot biortgagee, such consent to be granted or withheld e?t Lhe sole discretion of such
Mortgagee, before (a} removing or demalishing any building now or hereafter ereoted on the premises, (b) altering the arrsnge-
ment, design or atructzral oharecter thereof, (c) malung sny repairs which involve the removal ot structural parts or the exposure
of the interior of suoh building to the elements, or (d) e~[oept for domestia purposes, cutting or removing or pertnitting the
cuttinig snd removal ot anq troes or tunber on the premiees.
7. To maintain premiees in goocl condition and repsir, including but not limited to the making of such repairs as Mortgsgee
ma~ fro:n time to time deterznine to ~ nece~ary [or the preaenation of the premines and to not commit nor per~it wy aaste
thereof.
8. 'i'o eompiy with all laws, ordinanae~, regulations, oovenants, conditions and rastricWans s,~ecting the premie,E.s, and not
lo sufTer or permit any violation thereof.
9. If Mortgagor fails to pay any etxim, lien or enoumbranee which is 3uperior to this mortgage, or, when due, any tasc or
a,gsessment or ~nsurance premium, or to keep the premises in repair, ar shsll commit or permit w~aste, or if there be aommenced
anv action or proceeding sffecting the premises or the title theYeto, inoluding, but not limited to, eminent domain and bankruptcy
or reorganization proeeedings, then Mortgaqce, at its option, mey pay said claim, lien, encumbrance, tax, es~ea~ment or premium,
witii right of subrogstion thareunder, may malre suoh re~arrs and take auch ateps as ii deems advisable to prevent or cure such
waste, and may sppear in any such action or prooeeding ar~d retain cmunael therein, and take such a~tion therein ss Mort~a~ee
deems advisable, and for sny of said purposea Mortgagee may sdvanoe such suffis of money, inolnding all oosts, reasonnble
attorney's fe~ and other items of expense as it deems necessery. Mortga~ee shall be the sole judge of the legality, validity and
priority of any such claim, lieu, encumtrrance, taz, assessment snd prem~um, and of the amount necessary to be paid in satis-
faction thereof. biortgagee shall not be held accountsble for any delay in making s,ny such payment, which delay may result in
uny additional interast, oosts, charges or expense otherwise.
10. '.blortgagor a ill p&y to biortgagee, immadiately and without demand, all eume of money advanoed by b'tortgagee pursuant
to this m+~rtgage, including all oostes, reasonable attorney's tees and oLher items of expense, together vrith interest on esoh such
advanoement at the rate of ten per ebnt. (10 i~) per annum, and all such sums and interest bhereon shati be secured hereby.
11. All sums of money secured hareby shall tse payable without any reliet whstever froan any valuation or apprais~ement iaw~.
12. If default be made in pa,vment of anp installment of principal ~r intere~t ~f said note or an~v part tharFwf w1~en due, or
in payment, when due, of c.ny other sum seoured hereby, or in performanee of any of tilortg~
or s obligations, envenants or
ments hereunder, sll of the indebtbdnesa secured hereby s~nll be~eome and be immediaUely 3ue +~nd peyable at the option
o:~lortgagecj, rrithout notice or demand which sre hereby eapressly waived, in which event ~iortgagee may avail itself of
ali rights and remeciies, at law or in eguity, and this mortgage may be foreclosed with sll rights and romedies sirtorded by the
lsw-s of Florida attti :~ivrtgagor shsll pav all ooats, charges and expenseR thereof, including a reasonable attorney's fee.
13. If default be made in psyment, when due, of any indebtednesa ~ecured hereby, ar in perPormance of an3~ ef 141orGgs~gor's
obligations, covenants or agrecments hereunder:
(a) :Liortga{~ee is authaeized at any time, without notice, in ite sole discretion to enter upon and taka posaession ot
the premises or a~Yy part thereof, Eo perforru any acts bSort~{age~e deems nec~sary or proper to conserve the security and to
coilect aud reoeive all rents, isauer~ sud proSta there,of, inciuding those past due ss 9vell as those aaecruing thereafter, and
(b) ~Sortgs~ shall be entitleti, sa a matter ot strict right and withoutre~ard to ihe vslue or occupanay of the security,
to have ~ receiver appomted Lo enter upon and take possu~sion of the premises, eolleet the rents and pro8t~s theretrom and apply
the same as the c+ourt may direet, such receiver tu have alt the right~ and powecs permitt~ under the tsws ef Florid~s.
In either such case Mortgagee or ths reveiver may slso take p~sseavion of, and for the~ae pnrpnaes use, any and all pere~onAl
property aontsined in tha psemises and ueed by biort~agor in the rental or leaeing thereot or aay part thereof. The expense
(~ncIud~ng receiver's fees, counsel fea~, costs end agent s o~mpensation) incurred purauant to the poaera herein contsined shall
be ~ecured hereby. Mor sh~til (after pavment of all costs and eapensea incurred) apply suoh rentxs, iRSUes and profits
rer,eived bw it on the indebt nesa securect herebv in such arder aa Mortgagee determines. The right to enter and take po~saion
o! sa+d propertv, to mansge and operate the same, and to collect the rente, isssues and profits thereof, whether by a receivvr or
otherw~se, shall be eumulative to any other right or remedv hareunder or a$'orded by law, and may be exercised coneurrenWy
therewith or independently thereof. ~Sortgag~e shall be liaMle to aovount only for sueh renka, iaenes snd pro8ta aotuslty reoeived
by Mortgagee.
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