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companies lawft,i].ly doing busineas in the State ofFlorida refllse
to isaue policiea inauring the buildinga on the premisea; or (g)
in the event of the removal, demolitlon or destruction iri.xhole
or in part of a~y of the fixtures, chattela or articles of
peraonal property covered hereby, unless the same are pramptly
replaced by similar fixtures, chattels and articles of personal
_ property at least equal in quality and condition to those re-
pl.,aced, free fram che.ttel mortgages or other encumbrances thereon
and free fraan ar~y reservation of title thereto; or (h) a.fter
~ thirty days' notice to the Mortgs.gor, in the event of the passage
of ar~y law deducting from the va.lue of land for the purposes of
taxation any lien thereon, of changing in ar~y way the taxation of
mortgages or debts secured thereby for state or local purposes; or
( i) after failure for five ( 5) da.ys after notice to reimburse -to
the Mortgagee ar~y sums advanced by the Mortgagee for payment of
taxes, assessments, sewer rents or water ratea as hereinbefore
~ provided; or iP the Mortg,agor fails to keep, observe and
'j; perform any of the other covenants, conditions or agreements con-
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! taine~ in this mortgage.
~ 13. That if,~at any time during the terms of this
mortgage, or ar~y extension thereof, the income or interest payable
hereunder shall be sub~ected to tax, in whole or in part, pursuant
to ar~y preaent or future law of the State of Florida, or any
political subdivision or a.gency thereof, the debt secured hereby
- ahall become due and payable at the option of the Mortgagee.
14. That the Mortgagee and its authorized representa.-
tives shall have the right to enter and inspect the pre:.;isea at
~ all reasonable timea.
15. Failure by the Mortg~agee to exercise any of the
rights or options herein provides aha.ll not conatitute a waiver
of ar~y rights or options under the above-mentioned note or this
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