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Home My WebLink About2663 T066TBE~ qIY'0 ~ll ~nd sia~ular ths eenement~' 6se~edit~aenti aad~p purt~enanoa tLereunb bsbngin~ or in an,- wu~e thereuab ~PP~~ne and the renta, i~sues aad prol~t~ Wer~eot. aad"slao ~?ll the estate, ri~ht, titls, intere~t a?ud all olaim aad danand whatsoevar. w well ia law a~ in equity. ot MortgKor iu and to tlie a~rne~ inolud?t~ but not Wnited to: All renta. PeoBts. reveaues. roy~ltie~. rithts wd beneAh derived trom (1) orops erown on said ~eenri~? wd produos ot the sal oWen?i~e (2) oil.~aa or mineexl le~~os ot We p~eemises or aq~part ebereot. aow ezisting or be~re~tt~er mader with ths right b reoeive and reoeipt W~refor and apply the qme W the indebtedneo ~eeured hereby sithet betore or atfse ~qy detwlt hereunder. ~nd Mortg~ee may damand. sue (~r and reoover aqy suoh p~ymeats but ahatl aot bs required w to do. ~nd (3) all other renta~ iasuer aad pero8ts d tbs premises tmm time t,o tims aooruiags whether under lease~ or ten~noies now e:istin~ or here~tter oe~ted, to Mot IlOweV~li q IOOg as Mort~a~or ~s not ia detwlt hareander. the ri~ht b reoeive and ret~in the rents. iaaes pro6ts ia~ (1) and (3) liereia. (b) All judganenta. awarda o[ damages and ~etUements here~tter made resnlting irom oondemnation prooe~iinp or the ~ N~1~in8 of tbs W'sa?ise~ or w p~rt thereof uader the power of emineni domain. or [oe aqy dama~e (whether cau~ed b~ auoh taking or othen.u~) to We premises or the unproveweats thereon ot any p~rt thereot. oe to ri~bt+ ~PPuttenant t,hereto. iaduding ~qy ~ward toe ohan~e ot ge~?de af streeb. M ag u hereb~ w~hori~d. on be6alt and tn tlie nama ot Mortga~or ta e:eoute anc! deliver valid soqaittanees lor. and to ap~pe~l terom.~qy suoh jodgmenf~s or awards. Mor m~y suoh snmi or any p~rt thereot so reoeived. ~tter t6e p,yment o[ ull ol itse~pea~ . moludio~ eoats ~ad •t~tor~neys' fee~Doa tbe iadebtednea~ seoured 6ereby in suah manner ~?s it ebota. or. st its option~ tbe mtire amount ~ aqy part thereat ao reaeived mq* be rele~aed. TO HAV~ AND TO HOLD the abova graated and desoribed premises to Mortgagee, its suooeawrs anda~s~ns, forever. M..~t~,~„~ dM. hww~bv tullv ware~nt the title to s~id 4nd~ ~nd will detead the same againai the Lwtul oWms u[ a11 whomsoevee; provided alwa,ys tTiat it Mortg~gor ahaU p,y b Mortgagee th~t oert~un prowiseoey note ioove deso~ioed ann'~auw~ ~ ~ mther oovenanta aad oonditions oi aaid piomissory note. aad of ao,y renewal, extenaion or modiflaation Lhereof, ort8+~e. t6en Wis mortgago and tLe estate hereby ore~ted a6a11 ee~se and be null and vo~d. Mortgagoe fnrther ooveoanta aad agrees wieh Mort~ag~ee as tollows: l. To p~q all sums ineludiae interest seaured bereby when due, as pmvided tor in eaii prami~ry note wdwy ranew ezteaeion or modifloatioa Lhered and in Wis mortg~s, ~li snoh suzus W bs pRysble ia 4w(nl money ot the United 8tates~ Amerioa st Mortgagee's doreeaid prinoiprl o~oe. or at snah other plaee as Mortgagee-m~y designate in writin~. 2. To paq w~hcn due, aud w+ithoutrequiring stry aotioe from Mortgagee, ~?U ts:ee, aeeessaienks p( aay type or nature and other c levied or a+s~seased agsinat t6e prem~ses 6ereby enoumbered and pmduoe reeeipta theretor upon demand. To iaimed'~hate psy snd disahsrge olpun. lien or eaaumbranee against suoh premises w~hioh may be or beoome auperior to thia mortgage wud to permiL no d~utt or detinqueacy on eny other lien. encnmbraaoe or eLarga agsinsi auaL premieea. 3. If requiied bq Mortgagee. to also mate month~jr depoeits with M~ ~n a non-int~erest be~ring aooouni.t~e ther with and in addition to inter~si and prinoipsl, ot a snmequal to one-tw t6 uf t~e ye~r~y_U?ses and ~eaessmenta ~rhic6 mwy be levied against the Premiees. and (if so required) on~twelith d the ye~dy premiums for wsur~noe thereou. The amouat ot auoh ta:ea. aeeeesments aad pramiums. when uaknown, s~all bs estim~~tedby Morfgagee Suoh deposita ahall be used by Mortr gages to pRy anah taues. aeeeasments aad premiums when dne. Aqy insn~aenoy d auch aooount to due shall bs p~id by Mo to Mortg,~g~ee on demsad. U. by ne~son d ddsnli M +qY b3' ~~~r unde~r any provrsion oi this mortgage. Mortg~gee eolares ~11 sums seoui+ed hereby to be due and ~yi?ble. Mortgagee msy then ~pp1y ~?n,y funda in eaid aooount agaitut the entire indebt~ednees seoured hereby. The eatae+oei?brtity d the ooveaaats re~atu~~ to ta~cee. aaseesmente aod inauranae premiuma here,in otherwise provided ahall noL be a![eated ezoept in su fu as thoee obligspona have been met by oomplianoe wit,h thispar~graph. Morigag~e m~y from time b time at its op~on waive. and dter aoy suah waiver reinstate. any or aU prnvi~ons hee~eof requiring suob dePosita. bY aotice to Mort~sgor u? writit~. While aoy euoh waiver is in e~ect Morigag~or shall pay t~es. ae~smenta aad insnranoe premiums as here~n elsewhere pmnded. n 4. To prompt,~y ps all tanes and aseesamenta aseessed or levied under and by virtue ot anq at,ste~ federal. or municipst bw or regulatian he tAr passed. against Mortgagee upon shia mor~g~ge or the debt Lereby seoured: or npon ita intereat under this mortgage, provided ho~vever, t6st tLe toW smonnt ao ps~d for any anoh taxes pursuanL to th~s p~ragrsph tagether with the u?teresL psysble on said indebtedness shail not exoeed the Li~rbest hw[ul ty?te of interest in Florida aad provideci further t6at in the even! o[ the passage of any sueh lawr or r~g~y~tion. t~ie entire iadebtednees seoured by this mortgage ahall thereupun beoome immediste~y due snd gsyable at the option o[ Mortgagee. 5. To ke~ the Premises insnredaga~ost Ioes or daiu~ge bY sre, windstorm and suah otber ha:ards ae may be required by Mortgagee, in form aad amounta s~Lidaotory to, aad in insusauae oompanies appraved b Mortg~g~e~ the polieies for which i~uraaoa shall be p~ysble taM Sneh polieies. ~nd sbssrseta aud other titls ~enoe. sh~Q be delivered to and held by Mortgrgee. Upan [oe~eolo~a~~~raortgage or otLer aequiataon ot We~ prem~s~ or any parL We~~ed by Mort~gee, said pohdea, abstraata aad title evidenoe aLall beoome the wbwlate proper~y al Mortgagee. 6. To Srst obtain the written oonsen0 ot M auoh eonsent to be eranted or withheW at the sole disoretioa d suoh Mortgagee, be[ore removing or deaiotiehing ~ailding now or henertter ereoted on the Wemises. (b) siterin8 tbe arrsn8e- ment, deeign or atruatad c6aracLer LLerat. (oj ~ any repaira wLiuh iavolve the removd ot strneLur~?1 p~rta or the_~Fosnre of the intarior d saoh bnilding to the elementa. or ezeept I~ domestie pwpose~. antting or removin~ ar perm~tt~ng the wtting and re~oval ot any ti+ees or timber on the premises. 7. To maint:in premiaes in good oonditian aud rep~ir, inolnding bnt not limit,ed to tLe maldng d snah rep~irs as Mortgagee m Lime i~o time determine t~o be neaeaeary for the preserv~tion d the premi~es ~ad to noi eommit aor permii any ~vaste 8. To oomply with all Lwe, ordinanoes, regubtions, oovenanta. oonditiona and restriotions affeoting the premises, and not to suffer or permit aa,y violslion ibeteot. 9. It Mortg~gor faila to pay sny oLim, lien or enoumhraaae ~vbich is snperior to Wia mortgage,, or. whea dne, any.tas or aeaeesment or insaranoe premium, or to Iceep the premisee in repair. or ahall oommit or permit waster or i[ thera be oommenaed w,y aation or proeeeding affeating the premises or t6e title theteto, inctu . bnL not limited to, emiaent domain sad baakzuptoy or reorgani~tioa p ngs . tLea Mortgagee, st ita option, m~ypsy aaid~.lien. ~enmbranee, tax, arree~men~ or preminm, with nght d wbrogatio~a~n t6ereunder. m~' make suoh repaies aad.take suoh ateps as it deems dvisable topt~ eat or enre suoh ~raste. aad m~y ~ppe~r in aqy aueh action or peooeeding aad reta~n oonn~el therein. and Wce suoh sation therein as M~ deems advisable. and tor any ot said Pn*Poses Mat6~B'~ ~Y wdvanoe saoh sums ot mone~+. including sil ooats. re~sonsble ~ttorney'a tees wd oLher it~eme d ezpenae aa it deems neoess~rq. Mortg~ee shall be tLe sole ~udge d the le~ality. vatidity and prioritq d say saoh olaim. lem. enoumbranoe, tu, aeeesament wnd preminm, wd at the amoant neoeesary to be paid in sstis- isation thereot. Mo:ig~gee sha~l not be 6eld aoo~untabk tor ~ny del~y in malring ~qy suc6 payment~ wluoh det~yy msq result in any addifional 'mterest, aosta. oh~g~es or ezpeose otherwise. 10. Mortg~gvr will tv Mortgagee. immediste~+ and without dem~ud. sll sume d money advweed by Mortgagee pu~ant W this mortg~ge, includ'~mg a11 eosta, naeowble attorneq's tees and oWec items d~peose. together with int,erest on each snah advaaoement at the rate d ten pee oeni. (lOqb) Per aonnm, aad aII inoh sums and intare~t thee~e~on sLall be ~ewred hereby. 11. All sums ut money seeured hereby aha~! be puyable wiihont anq relief wL~tever from aay valuation or ~ppz~isement Lwe. 12. It detwlt be made in payment ot aay inatallmeat al prinuipal or intereet oi eaid note or aa p~rt LDerea[ w~en dne. or in psym~c, when dne, d auY other aum seaued hereby, or ~np~( ormaaoe ot ~a~ d Mor s obtigationa. oove~n~wta or ~~ements here~nder, alt d the indebtednes secured hereby ahsll beeame and bs immedia dne and payable st the a~tion ot M~rtgagee, withoat notioe or damand whiah are hereby ezpreesl waived. in wrhioh event Mortgagee may svail itself o[ all righta and remedies. at bw or in eqnity snd this mortgage may ~ toreobsed with s!1 ri~hta aQd revmedies aRorded by Lbe laws ot Flonds aad Mortgag~or ahall p~y s~l oosts, oh+uges and ea~penses therao[. incindins a reasonable sttaraey's fee. 13. U detwlt be made ia p~yment, wben dne, ot aaq indebtedness seoured hereby. or in perfotm~aoe d any d Mortg~gor's obligstans. eovenaats or agreemeata Lereunder: (s) Mortgagee is autborised at my time, withonC notioe, in its sole disoretioa b eater npon and talce poesestion d the premises or,anypart thered. to perform any aota M y~ deems neeesssry or_ prope~ to oon~erve the seanrity and to oo[Ieat and reoe~ve att reats,, usuee and pen6ts thereof. ~nolu id -ng~ihaee p~st dna as qell ar tLose ao~uing there~[ter. and (b) Mortgagee ahall ba entitled. ~s a matter ot atriot right aad withont~~ to tbe value or ooanpsnoy d the se~surit to hsve ~ reoeiver ~ppointed to entsr upon and Wropo~eee~on o~ t6e premises. oolleat t~e rente aad proSts tLLerdmm ands~ the aame as tbe oonrt m~ direet, anoh reoeiver w hsva dl the righta aad powersperm~ tted under tha bw~ d Florida. ~p In eiWer snah eaee ~ortga~ee or the e~eeaiver mRy a~so take of, aad tor theae PnrPose~ ase. aay and all peraonal P~P~Y oontained in che premues sad used by Mort~r iu renW or le~sin~ tLereo[ or any part thered. The e,spense (u?cluding reoeiver's teer. eonnsel fees. oosta aad agent s eompen~stion) incnrt~ed purauant to ~,hhs pow~n tieroin aontained shall be seoured hereby. Mortga,g~e aha[1 (dt~er pe~ymenC at atl oosts and erperiees mournd) aPP~y suah rerirs. iasoes and pro8ta r+eoeired by iC on the indebtedness aeawed hereby in anoh order ae Mortgagee deLeruunes. The right b enter ~ad take poesesrion ot uid property. w ma+nage ~nd operaLe the aame, aad to oolleot the reat~, iawes aad~ ts tb~+eof. whet~her by s r~eeeiver or otherwise, ah~il be ournnlsiive to other right or remedq hereunder or aRorded1~y Lw. as?d m~y be ~aeised ooaourrent~jr WerewiW or independentJy thereot~ortg:gee shall be liable to aoeount on~y tor saafi rents. iasnes aad proflts ao~ua[~y reoaived by Mortga~ee. BOUK147 261 ~...w : , - - _ - ~~~"'~_~--s.~.~a+~'~~ ~~a . --;±s 9,,, e ~..,.`s'~":.k.~... a~ t,.,-~~.