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TO(iETeBi iIiTN ~11 aad ~
aingular the tenemenb. hereditameuts aad purteaanoes thereuaw bstongin~ or ia any-
wise thereunb aPPertaining ~ud the reuta. issues aad pm8fa ther~eoi. wd ~lso ~l~the estate. ri~Dt, atla iat,erest and all ol~im
aad demaad whstaoever. as ~reU ~n l~w as iu equity. ot Mort~a~or ia aad to the sams. inoludu~ but not 6mited to:
ta) Alt reata. W'u~ts. e+eveaues. royalties. nH6ts aad bene8ta derived lrom (1) orops gro~va on eaid aeourity wd produoe
ot the eoil otherviee (2) oil.~s or minenl lea~es o~ the premises ~ aqqp~rt lhereot. now exiatiae or here~[ter made. with the
right w reoeive ~nd reoeipt t6~retor and ~pp(y the same b the indebttedaeas ~eoured bereby either be[or+e or aft~r ~qy detault
hereunder. ~od Mortg:gee m~y demand, aue f~r apd reoover any suc6 p~ymenta but sh~?ll not be required oo to do. and (3) ~ll
uthee reats~ iasues and proflta ot the premisea fmm time to tims ~ooruing, w+hetlier undet le~ees or tenanoies now existin~ o~
hereaft~er orested. resecvu'~g b Mort~agor~ howaveq so bng as Mortgago~r is noi in detwl~ hereunder. the right to reoeive ~nd
retain the rents. iasues and pro8ta ia olauses (1) ~?nd (3) herein.
(b) AU lurigmenta. wwarda o[ damages wd settlemeata hereatf~er made e+esultine ft~om oondemnatioa peooeedings or the
taking ot the premisee or any put thereot under the po~rer ot emineat domsia. or for ~qy damage (~rhether a~ueed by sueh ~
Wring o~ otherwise) to t}~e premisea or the improveanenta thereon or aqy part t6ereot. or to uqy rytbts appurtenant thereto.
inoluding aqy award tor oharige ot gr~de ot atreeta. Mor ~s 4eceby wLhoriaed, oa behag ~ad w 1he n~ane ot Mortgagor.
to e~ceoute and deliver valid aoquittaaoes tor. and to ap~irom.aqy suoh judgmeats or s~eards. Mortgagee m~y app~y all
auoh suma or aqy part thereo~f so reoeived. dtar the pa~ymant of all o[ itee~panses. ineludint oosta aAd attoraeys' f~es. on the
iadebtednees secured heceby in aua6 manner as it eleota, or. at ita option. the eatire ~mount ar ~ny part thee+eo~ w reoaived
m~y be reiewed.
1'O HAVE AI1TD TO HOLD the above granted and desoribed premises Lo Mortgag,ee, its suooe~ors ~nda~gna, forever.
snd Mortgagc?r doee hereby ful~i? wa,~rant the title to said land, u~d r?ill defend the same a~?inat the ls~rtul ~slaima o[ all penona
~vhomsoever; provided slw~ys tibat if Mortgagar ahaU p~y to Mortgagee thst oertaia prom~eaorq note sbove desoribed ~d sh~11
nd thia mt6er oovenants and oonditiona ot said promiseory nob. aad of sqy renewal. ~tmaion or modi8a~tion thereot.
tgage. then t~dis mortgage aod the esc~te hereby oreated shall oesse and ba null and void.
Mortgsg~or fnrWer oovenants and agrees wit~ Mortgagee ~e tolloRS: ' ~
1. To p~y aD sums inolu interesc aeoured hereby w4en due, as pmvided for in said pmmissory note andaqq renewal
ezteneion or mod~8o~tioa th~ aad in this mortgage. ~il auoh sums tu be p,ysble in lawful money al the United 8tates ~
Ameriea ai Mortgagee's a[oresaid prinaipal o~oe. or at sueh other plaoe ae Mortgagee.ma~y deaignate in writing.
2. To pay whoa due, aad ~rithout requiring aoy notioe lrom Mortgagee, aU taxes, essessments o[ sny ~ype or wture and
other c levied or sssessed against t4e premises hereby encumbered and praluoe reoeipts there[or upoa demsnd. To
immed'ute y pay and di~ehar~e aay c4im. Gen or enoumbranoe agsinst such premises whioh may be or bevome auperior to
this mortgage and to perm~t no defsult or delinquenoy oa ~ny other lien. eQcumbr~aoe or ohar~+ agsinst suoh premises,
3. It ceqnired Ly Mortgagee. to ~leo make monW~y deposits with Mo~~ w a non-intereai be~ring aooounl.to~ ther
with and in sddiuon to interest and~ prinaipsl. d ~ sum equal to oa~tweUtL ot the yearly tues and aeaessmenta whi'c6 m~y
be levied ~gains~ the premisee, and (if eo reqwred) one-lwelith ot the ye~rly premiams for ins~renoe thereon. The amount ot
suoh taues. assesaments und premiums. ~rhen unknorvn. s1uU be estitwt,ed b~y Mo a~ee $uoh depoaita shsll ba used by Mor~
gagee to p,~y suoh t~zes, .s~smente ana p,+ea,;uma wheu aue. Any insu~oien
oryo[ snoh aooo~u?l to p.y suoh eb.rgee when
due ahall be paid bp Mor r to Mortgagee on demand. 1[. bY reaeon d aqy dei~?u10 bq Mortgagor under aa
this mor Y provisioa oi
said wvo~unt~ Mortgagee ~slares all sums eecu~d hereby ~o be due and ~yable. M~tg~gee ai~ then aPp~Y +t?Y tunds in
against the entire indebtedness seoured hereby. Tbe entoroe~b~lity ot the oovenants ~tin~ to ta~ces. aseesaments
wd iosuraaoepremiuma herein othen?ise pmvided sh~ll not be aBeoted e:oept in eo [ar as tLo~e obligsqona hsve been met bq
oomplianoe ~vith tLisparagrsph. Mortg~gee maRy from time to Lime at its option ~r~ive, and after any auoh wraiver reinstste.
iu?y or all provisioos hee+eot requiring suab depo~ta. by noLioe to Mort~agor m writing. W}We any suoh ~raiver is in eQeoL
M°rtgagor shail W4Y ta~ces. as~eeaments and ins~u~aos premiume ae herein else.vhee+e pronded.
4. To prompUy pay a!! tsxes and ss~ssmenta asvessE+d or levied under md by virtue of any st~te, federal. or municipal
la~v or regulation hereatter psssed, against Mortgagee upon this mortgsge or the debt herebq secsured, or upon its interest
under thi4 morigage, provided however, ttwt the total amouu! so paid far sny suoh taxes pursuant !o Ehis paragrsph together
with the interest paysble on said indebtedness shall not exoeed the h~'ghest bvrful rate ot interest in F7orids and pruvidecl
further that in the event ot the passage of any suoh Iaw or e+eg~lation, the entire indebtedness secar+ed by thi.v mortgage shatt
thereupun become immedistely due snd psysble st the optiun ot 11~wtgagee.
5. To keep the premises insaredagawa t bas or d~mage by 8re. windstorm aad euo1~ other hasards as m~y berequired by
Mortgtigee, in form and smounte astis[aatory to. and in insuranoe eompanies approved by Mortgag~ee, the polioies [or which
inauranae ahall bo psysble to Mor~age~, 3ooL polieiee. and sbstra~ote ~?nd other ~itle evidanoe. sha(1 be deiivered to and held
of tlua tgage or other ?n
bq Mortg~ee. LTpon ioreolosure mor aeqnisition d tLep~n~es or aaq part thereot by Mortgagee. said
pohaes. sbatraats and title evideaee ehsil beoome the abeolute prvparty d Mwtgagee. .
6. To &st obtain the wmitten oQnsent d Mortgagee, auah eonseat to be granted or ~?ithhe{d the sole disereiion ot suoh
Mortgagee. betore (s) removiog or demoliahin6 aap building now or here~tter erected on the premiaes. (b) alt,ering the
ment~ deeign or s Wctural aharaater thereot. (o) mai~ag sny repairs ~vhi~sh involve the removal ot struo Wra1 parta or t6e e=po6ure
ot the interior o[ suoh buildiiog to the elements. or (d) ezoept tor domestio purpaaes. ouctin~ or removing or permitting the
autting and remmral ot any tt~ees or famber on the premises.
7. To maintain premises in good oattdition and repair. inetuding but not limited to We malung ot sucle repairs aa Mortgagee
tmhsy~t
fmm time to time determine W be neoeesary for the preeervation ot tbe premiaes and to aot oammit nor permit aay waste
8. To oompl~ with all lawa, ordineuoes, reguLtions, oovenanta, ooaditiona and restrieiions aaeeting the premises, snd not
to auRer or permiC aay viobtion thereat. '
9. If Mortgagor fa~s to p~y any olsim, lien or enaumbranoe w6ioL is superior to this mortgage, or. ~vhen due, auy taa or
sssessmeat or u~snranoe premium. or to keep the premises in repair. or ah~ll oommit or permit waste, or if there be eommenoed
any action or proceeding aQeating the premises or tbe title thetew, includinit, bnt not timited to. emiaent domain and bankru~tay
or reorgan~ation p . then Mortgag~ee st ita option, maypay said aU?~m. lien, enaumbranoe, ta~c~ aeeeeameni; or premium.
vrith nght ot subrogation ereunder. msy make suoh repaire and Wce snah ateps aa it deema advissble toprevenL or cnre sncL
~vaste, and msY sPPear ia aay such aation or prooeeding ~ad retain oounsel therein. and take suoh sation th~rein as Mort~~
deema advisable, and tor any ot said purpoees Mortgagee may sdvaaoe suah sums of mone~. includiag all ooeG. ressonable
atLorney's tees snd other itema ot ezpense as it deems neoeesary. Mortga~ee ahall be the aole ~udge ot the legality, validity and
priority o[ sny sueh eWm. fien. encumbraaae, ta:, a~sament and premium. and d the amount neee~arq W be paid in astis-
iwtion Wereot. Mortgag~ee shati noi be hald aooountable tor aoy deln,y in making anp suoh payyment. rhich dela~y may resnlt in
aay additional interest, voeta. aharges or ezpense otherwise.
10. Mortgag~or ~vill psy to Mortgagee. immedistely aud ~vithout dem~ad, all snma ot money advsnoed by Mortgagee pnrsuant
to this mortgage, utaluding alt ooate, e+ea~onable sttorney's feee and other ite~us ot espeose, together ~vith intet+est on e~ch suoh
advanoement ~t the rate of ten per oent. (10%) per annum. sad aU suoh sams and int~erest thereon shall be aeaured hee~eby.
11. All sums d money seaured hereby ahsll be piyable without aay relie[ ~vhatever irom any valwtion or sppraisement Iaw~.
12. If detsult be msde in psrment a[ say inatallment ot princip*1 x intereet d eaid aots or say part thec+eot w+~~ due, ar
in psyment, ~vhen dae, ot aqq other snm aeo~u+ed harebq, or in peaiormanoe d an~ ot Mort~a~or's obligatSons. oovea~ntn or
agreementa hereunder. all d Lhe indebtednese seaured hereby ahal) beoome aad be unmediat,eiy dne and payable at the option
of Mortgsgee, without notioe or demand ~vLioh are h~eby ezpr~ees~y ~vaived, ia wLiuh eveat Mortgagee may svail itaeN d
sll righta aad remedies. st Isw or in equity. and Lhia mortgage may be foe+eetoeed with a11 righta and remedies afforded by the
Is.vs ot Flonds and Mortgagor shall psy all c~oete~ ohargee and e:penBes thereof. includiag s reaaonaWe sttorney'a fee.
13. If detsult be made in p~yment~ w~hen dae. o[ anq indebtedneea secsured hereby, or in per[ormsaoe d aoy at Mortgagor'a
obligstions, oovenanta or ~greemenfe hereunder:
(s) Mortgagee is suthorised ~t aaq time. without notioe. in ita sole diecretion to enter npon and 4ke pa~asion o[
the premisee or anpgar t the~t+eaf. io per[orm aay so~e Mor deems neoeeeary or~ proper to ooaserve the seaurity ~nd to
oolleot and reoeive ail renLs, issues and proSta Wereo[, inclu~thoee past due as .vell as those acor~ing thereatter, and
(b) Mortgagee shall be engtkd, as a mi?Lter o[ striut right and without rertsrd to the value or ooaupana}• of tbe seawity,
to have s rec~eiver sppomted to mter npon and Wce possession o[ the premiser. oolleat the rents ~nd pm8ta there[rom and ~pply
the ssme as the oourt msy du~eoi, suoh reQeiver to hsve all the righta and powerspe~m~ tted under the taws ot Florids.
In eiWer sueh ease Mortgs~ee or tLe reoeive~ msp aleo talce poaseeaion d. end of
r these pnr'Poees use. any and all personai
P*oPertY oontained in the premises and used bp Mort~agor in the rental or leaeing ther~eo[ ar aoy parL tLereot. TLe espense
(mcluding reoeive~s tees. oonnael feee, oo~ta wd ag+ent s oompe~osstion) incnrred pnrsnanE to the powera herein oontained nhall
be secured hereby Mortgagee shall (atter puyment ot all oosts and ~peoses u?aurred) sPP1Y snah renb, issues aad pro8ta
reoeived by it on the indebf,ednees aeoured h~eby in suoh order as Moregagee determines. The nght tr~ enter and Wce poseeesion
of said pmperty, to maaage aud operste the s~me. aad to oolleet the rents, isaues aadpro8ts thereot. wheWer by a receiv~ or
oLhe~rise, shall be cumu4t~ve to aay ~other righi or remedy hereunder or aQorded b lsw. aud msy be ezercised conaurret?t,ly
t6erewiLh or independent~y thereot. Mortgagee shaII be liable to aooount oa~y for su~rents, ieaues and pmflts aotually teoeived
bY ~Ia~BaBee•
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