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TO(iE'PHl~R WITH aU and eingula~r the tenemence, 6ereditameat~ nnd purtecurtioer thereunto belon~ing or in uny_
wise t.heraunw appertsining and the rente~, iasues snc! proflta thereot, and ~leo at~the estate, ri~;ht, titte, inter~eet niud sll olaim
wd d~m~?nd ~vhat~oevar, ~s well in lsw e?s in equity, of Mort~sror in aad to the same, inolud?ng but not limited to:
(s) A!! renca, profltr, revenuef?, royalLiee, ri~hts and beneAts derived trom (1) orops growrn on asid aeourity und produea
ot the aoil othera~ise (2) oil,~n or miner~l leases of the premiser or anypar 6 thereot, now euat~ing or hereaiter made, wriLh the
rig6t to e+eoeive and r~eoeipt therefor and spply the swme to the indebtedneex seaured hereby either before or atter sny defsult
here~under, snd Mortga~ee may dem~nd, aue for ~nd reeover any sueh p~ymente but ahall nut be required so to do, and (3) sll
other renta, iseues snd proSte ot the premiaa te+om time to time ~aerwng, whether uader leaee~s or tenapeie~e now ezistiteg or
hereattar ore~?ted, teeervu~g to Mor , bowever, eo long a~ec Mortga~gor is not in defsutt hereunder, the right to reoeive snd
retain 6he rents, isauea and proflte in a uaee (1) and (3) heteia.
(h) AU judgmeata, s~va~rde ol dawag~ee and settlements herestter made resulting from oondemn~tion prooeedinga or the
taking ot 6he premisee or ~ny gsrt thereot under the power of eminent domsin, or for snq d~?m~?ge (whet,her esused by auoh
taking or otherwiae) ta the premiees or the imptovementa therean or aay put thereof, or to any nghTe appurtensdt thereto,
inoluding any award tor ohauige of gre?de at atreete. Mortgsg is herebq ~?uthorised, on behslt and in the name of Mortg*gor,
to exeoute snd deliver valid aoquittanoes for, and to wppesl terom, any euah judgmenta or wwards. Mortga~gee may spptp all
suah sume or any part thereol' sa reoeived, alter the psymernt af all of ita e~e neee, inoluding ooets ~?nd ~ttorneye' feee, on the
indebt~edness eeoured hereby in euoh manner sa it eleats, or, at its option, the entire amount or euiy part Lhereot eo reoeived
may be rele.sed.
TO AAV$ AND TO aOLD the sbove ~qranLed snd deeoribed premises to Mortgagee, ite sucx+essors ands~gna forever,
and Murtgagor does hereby Eutl warrant the title Ln ssid land, ~nd will defend the ssme againet t,he lswiul alsima d sll persons
whomsoever; provided wtways t~at if Murtgagar shall psy to Mortgngee th~t oertain promissory note above desoribed and shsll
perform all other covenants snd oonditions of Raid promiesory aote, and ot sny renewt?l, extension or modi8csstivn Lhereot,
and of this mortgage, then this mortgt?ge snd the eate?te hereby ereated shall cease and be nu11 and void. •
hiortgagvr [urther esoveuante and agmee r~ith Mortgague as follo9va:
1. To pay all aums including interest eecured heteby when due, ae provided for in said promissory note and sny renewal,
extensi4n or maLflastion thereot end in t}us mortgage, all euoh aums to be paysble in lswful money of the United Statee of
America a?t Mortgagee's sforesaid prinaipal olfloe, or at suoh other plaoe aa Mort{Sagee.may desiguate in writir?g.
2. To pay when due, and withnut rec~uiring any notice from l~iort~ee, all taxea, asae~ssrnents of any t~~pe or nature $nd
other etisrges leviocl or a.s.qe~seci against Lhe preinises hereby enounibered and produee reoeipts theretor upon deniand. To
imme~diately pay and dischar~e any cJairra, lien or encumbranee against such premis~ which may be or bE+come superior to
thi~ mortga~e and to permit no default or detinguency on any other lien, encumbrancP ~r chartce against suoh premise~.
3. If required by Mortgagee, to slso make month~y deposits with Mortg~qee, in a non-intc-~rest besring acoount, toaether
with and in addition La intereat and prinoipal, ot a sum equal to on~Lweltth of the yesrly taxes and ssseaxments which may
be levied againsL the premis~, and (if so required) one-tweUth of the yet?rly premiums for iaaursnoe therev~. The amount of
snoh taxes, anse,esmenta snd premiums, when unknown, shall be estimated by Mor . Suoh deposii~ ehall be used by Mor~
gagee to pay auuh taxes, assesaments and premiums when due. Any insufficiency o suoh sooount to psy suoh chsrg~es when
due shall be paid by MortgaAor to Mortgage~ on demand. If, by reaeon oi any defAUlt by Mortgagor under any provision of
this mortgage, Mortgagee deciates all sume xecured hereby to be due snd ~ayable, Mort~ee msy then spply any funds in
sa,id account agt~inst the entire indebtedneas sec~ured hereby. The entoroeab~lity of the covenants reistin~ to tazes, s`ssesxments
and insurar~ce premiume herein otherwise provided shall not be affectec! ezcept in so tar ss thoae obligations have been met by
complianoe with Lhis paragraph. Mort,QSRee may from time to time at ita option waive, and etter t?ny euch weiver reinstate,
any or all provisions hereof requiring sucli deposita, by notioe to 1~Iart~ag~r in writittg. While any sach K~sivar is ia e$eat
Mortgagor shall pay taxes, assesaments and inauranoe premiums sa herein elaewhere provided.
4. To promptlv pav all tsxes and ass~sments assea~secl ur levied under and by virfue of any btate, fecleral, ar mnr,icipal
law or regulation hereaftc~r passed, s~ainst Mortgagee upon this mort{~e or the debt herebv se3cured, ur upon i~, interest
under this mortga~e, pro~~ided how•ever, that the total t?muunt ao paid for any Fuch tax~ pursuant t~~ this para{,raph t-ogeth~r
uith the interest payatite on :;aid indebtedne~;s Fhall not exc~d the highe.st law~ful rate of inter~t in Ftorida and provide:l
further t.ha6 in the cvent of thc~ pas~e of any such law or regulation, the entire indebt,~dness securaci by fhis rnortgage shall
thereupcm lxron~e immediately due and payable at the uption of Murtgs~ee.
5. To keep the premisea insuredaga~nst loss or damage by 8re, windstorm and such other hazards as may be required by
Morlgagee, in form ~tnd arnounts sat,iafaotory Lo, and in innuranoe anmpsrties approved by- Mortg~a~~,e the palioiea for which
insuranoe shull be payable to MortAagee. Such poliaies, and abstraats snd other Litle evidenoe, ahali be delivered to aad held
by Mortgs~ee. Upon foreclosure of thia mortgsge or other soquisition oi the premises or any part thoreof by Mortgagee, said
palicies, abstracta and Litle evidenve shall beoome the sbsolute propert~ of Mortgsgee. •
6. To 8rst obtain the written oaneent of Mortgagee, such aonr,ent to be gra~nted or withheld e?t the sole diseretian of such
:~furtg~ee, bafore (s) reanoving or demolishing any building now or heresfter erected on the premises, (b) sltering the arrang~-
m~nt, design ~r etruaturat charaoter thoreof, (c) makv~g aay repairs whioh involve the removal oi structural parts or the ezposure
of the interior of suoh building to the elementa, or (d) exoept for domestio purposes, eutting or removing or permitting the
cutting and removal of sny trees or timber on the premiaea.
7. To maintain premi~es in good oondition and repair, inoluding but not limited tu the making of suah repairrm as Mortgagee
may frai~ time to time detarmine to be neceasary for the preservation of the premise~ aad to not commit nor permit any waste
thereof.
8. 'T'o compiy with atl laws, ordinanoes, tegulatians, oovensnta, conciitiona and restrictions adecting the premises, and not
to ~uffer or permit any violation thereof.
3. Ii l~fortgagor fails to pay ariy daim, lien or encumbtance which ia superior to this mortgsge, or, when due, any tax or
s.ssesament or insursuoe premium, or to keep the premieea in repair, or shsll commit or permit waste, or if tbere be commenced
any a,etion or proceeding sffeating the premiaes or the title theteto, ineluding~ but not limited to, eminent domain and bankruptcy
or reorganization proceedt'ngs, then Mortgagee, at it8 option, may psy said claim, tien, ancumbrsnoe, tax, ase~ment or prem?um,
with right uf snbrogation thereunder, msq make suoh repairs and t~,ke such ~teps as it deetns stiviaable to prevent or cure sueh
waste, and may esppear in any suah aotion or procee,ding and retain csounsel therain, snd tadce sueh sotion therein aa Mort~~gee
deema advisable, and for say of said purpoaes Mortgagee may sdvaace such sums of money, including all oosta, reasonabla
attorney's fees and other items of expense se it deema necessary. Mortgagee ahall be the sole juc~ge ot the legality, validity and
priotity o[ any such claim, iien, eneumbranae, tax, sesessment aad premium, snd of Lhe amount necessaiy to be pe~id in satis-
faction thereoL Mortgagee shall not be held aooountable tor any delsy in maldng any such payment, whieh delsy mey result in
any additional interest, oasts, charges or expenea otherwiae.
10. Mortgagor will pay to :viortgagee, immediateiy and without demand, all sume of money advanoed by Mortgagee pursuant
to this m~rtgage, including all coats, ressonable attornoy's feee and other items of expense, together with inberest on each auch
advancement st the rate of ten per cent. (10%) per annum, a~cxd sI1 sueh aums and inGarest thereon shati be secured hereby.
l l. All sume ot money secured hereby shail be paysble without e?nq relief R hstever from auy valuation or sppraisement lawe.
12. If default be made in payment of any inatatlm~nt of prinaipal or interest of awid noto or anx part thereof w1~en due, or
in payment, when due, of sny other sum seaured hereby, or in performt~nce of sny of MortgaiCor s obligstions, covenants or
a~reements herounder, all of ihe indebtedneea secured hereby ahali beoome and be immediatety due and payable st the option
of Mort.gagee, without notioe or demand which are hereby ~pressly waived, in which event. Mortga~ee may s~sil itself oi
all right~ and remedies, at law or in equity, and this mortgage may be foreclosecl with all rights snd rem~edies afforded by the
lawa at Florida sr,d ~iortgsgor sha11 pay al~ aoste, chargea and ex~enseR thereof, including a reasonable attorney's fee.
i3. If defsult be made in pe3-ment, whon due, af any indebtedness seoureci hereby, or in pertormance of any of Mortgagar's
obligations, oovenauta or agreements hereunder:
(a) Ivfortgsgee is authorized at any time, without nutime, in its sola dieeretion to enter upon snd take poesesaion of
the premi~s or any part thereof, to perform sny sots Mortga~ee deems necesaa,ry or proper to oonserve the aeourity aiid to
cullect and reoeive a11 rent~9, iague~ and pro8ts thereof, inoluding those past dne as well as those aecruiag thereatt+~t-, a~nd
(b) Mort~agee shell be vntitled, as a matSsr of striot right and withoutrega~t'd to the value or oocupancy of Ehe seaurity,
to have a reeeiver appointed to enter upon and take posseseion of the premisea, oolleet the rents and pm8te therefrom e?ttd appty
the s~me as the oourt m~ey direct, such reoeiver to have all the rights and powers permitted under the l~ws of Florids.
In either such esse Mortgagee or the reoeiver may also take poasession oi', and for the~e purposee use, any snd sll peraonai
property contained in the premieea snd used by Mort~agor in tiie renta~ or leasing thereot vr etny part therejot. The expense
(inciuding receiver's fees, oouneel feee, costs snd agent s oompensation) inourred pursuant to the powers herein oontained shall
be aevw~ed herebq. Mort,gaqee ahall (after psyment oi all co~ta and expenses ~nourred) apply suoh repts, issues and proflta
reeeivecl by it on the indebtednese s~csured hereby in saoh order eia Mortg~ngpe det~,rmines. The right to ent~ a?nd La,1ce pos~c+aion
of said propertp, to marwg~e and operate the same, and to csolleat the rents, issuea snd profite thereoi, Whether b~ s reeeiver ar
otherwtse, shall be cumulativa to any other ri,ght or remedy hereunder or a8ordec~ by iaw, and ms?v be ez~eieed ~oncurrently
therawith or independently thereoi. Murtgagee shall be lisble to acsoc>unt only for auch renta, issuee and proflts erctial~y reoeived
by Mortgagee.
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