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9. Ia the e~ent the mort~~ed PmP~h' ar ~f ~ tak~ under pawar of eeait?ent iota~in, tb?e '
eatire prooeed~ of the arnrd ~11 bs paid direat to Yor~~ and ~hall De ~pplied on tlie indebtednee~ hereb~ ~aured
ia wbat+srsr m~nner Yort~u~us ma~ d+esm adtiuble.
10. T'f~e! ~ f~+e princip~l or interest on the note ~ereai~n deeeribed or any part of the indebtedrre~ ~eoured by
tLi~ mor~~ er ia~t thsre0n be sot paid whea due, at if de#sult be made in Lhe tull and pmmpt performanos of
an~ oore~aaf ~~mrant ~Srsin oontaiaed, or if an~ prooredina be inditntod tA abate xny nui~anee on the mort- _
aa~ed properf~i or .ii ~a,~ proasedin~ be ibrtitsxted which mi~ht result in the detriment of t~e n~e and emjoyment of
ttrs aaid progeet,~, or if tl~e Yortas~or shall ma~os aa ~nment far the bane6t of ereditora, or i.f a reoeiver be ;
aPPointed fo~ t~ ~Iort~ysur ar any part of the morta+6~ed p~operty, or if ~iortg~or $1ee s petition in b:nbrupto,,
• or iu adjndioated 's bankrupL or fila any petition os inrt~'t~ute~ auy Proaesding~ under the Natisnal Bankrnp~o~
. t~, on tLe happening of ar~y ane or more of theee evdnts, thi~ ooz~veyanoe rhall beoome abwlnte and the whole
indabtedners eeaured hereby ahall i~medi~tely beoome dne and pnysble, at the option of the Yor~{ee, snd thir
mortaaae ma;~ therenp~ ba foreoloeed for the whole of ~sid money, intet+~at snd ooeta; or Mort~agee ma~ forecla?e
onlJ ar to the snm pxei due, withonL injary to thie moartga*e or the di~pl~ae~t?t or imp~irm+as~ of the remainder
of the liaen thereof, and ~t raah foreoloenre enle eaid property aL~ be eold aabject to all remNinin~ itt~na of indebted-
nees; and Mortgaaee msy xg~in foreeloee, in the same m~nner, ae often as there may be any sum p~et due.
11. That at any tia~e, ar from time to ti.me, withont liability therefor and rvithout notice, ~?nd ~vithout a$ect-
ing the pereonal liability of ~ny party for the indebtednees eeoured h~eby and ~vithout releaeing the intereat of any
party joinia~ in thia mortgage, tha holder of eaid note may recanvey or ce~uee to be reconveyed sny of aaid propert,,
join in arantin~ an ease~nt thareon, grsnt any eztenaion or modification of the tsrme of thia loan or eubordinate
the lien or ahar~e hereof.
19. That in o~uee of defanlt or the happening of any event which wonld enable the Mortgagee to decL~re the
~whok indebtedness eeoured hereby immediately dne and psyable, the Yort~gag~ee shall be emtitled to the appainiment
of a receiver of all renta, iesne~e t~nd profits, regurdleee of the valne of the mortaaged pmperty nud the eolvenay or
inwl~aney of tbe Yori~or and other pereoas liable to pay said indebtednee~?.
18. That the 3[ortgagee may aollect a"late charge" not to esoeed four cente (4~) for each 3allar of each
payment under the note eecured by this mortga~+e made more than fifteen (16) dsy~e in arreare to cover the eztrA
eipease involvec~ in bandlin~ deliiequemt paJmea#s.
14. Thst tLe wordr "l[ort~aor" snd "~[ortga6ee" when nesd herein ahall be t~ken ~ to inclnde singular s?nd
plnral n~nber and mascnlinq feminine or nenter gander, es ntxy ~t the eae~, and ~hsll aLo inehide the heirs,
ad~ministr~tv~e, e~ecabra, ~nomes~er~ und ~igss of the parties hersto. Eaah and ~Il of the terme ur?d pra~isi.ons
he~reof ehall ezlead to and be a part of uty rene~wal or e~tensiQn of tbie mort;age. ~
15. Tha# thie mortgage and the note eecured hereby conetitnte a Florida ooatruct and ahall be conetrued
acaording to t~e law~ af tLa! ~tate.
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IN WITNE$~ WHEREOF, the eaid Mortgxgor hae hereunto eet hie hand and eeal the dsy sad year firet -
above writt~. .
Sigued, sealed snd delivered in the ~21 CORPORATION ~
~ preeenae of na : %
, ~
~ BY : ~!~'EA.I.)
SEAL ~
( )
Attest: • c.t.~r,-~- gEAZ,
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