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TO~iE'1'HSS wiTN ~ll aad dngular the tenemsata hereditament~ ~ndap
Purteuanoss thersuato beboting or in W '
wiss tharesato aPPeruining aad the reats. i~sues and pro~ta thereol. ~nd ~ho W the e~tste. r+~!?t, vtk, interest aad all el~n ~
n
and dem~ad whataoever. as weU ia bw ae in equi . ot Mortga~oe in, ~nd b the wne. ineludu~ but not limitd b: `
All e+ents. P~'o8ts! reveaaea roy~lties. r~gl? aad beaesb den~ed trom (1) aoP~ [i'own on aid ~eeuri~j? ~nd produo~
ot the soil otbe~n?i~s wl. or miaeral le~~es ot the pe~emiies ar ~qy the~+eot now watin8 or bere~tter msda witb the -
rig66 w reeeive and reaeipt ~ire~or and app~ the aun~ to the indeb~ ~eeue~e~ hereby either bstore oe dter wY detwK
hereuAder. ~nd Mortisgee my dsmand. sue ~r aad reoover ~qy suek pRymeata but shall not bs required so to do, and 43) aU
oWer »ats. is~ua and p~oAd d tbs Premi~a tmm time b time ~ocn~io~, whether under leanes or tenanoie~ now esis4n~ oe
he~ttes ee~eated~ rs~srvin~ b Mort~o~ . howeveq w bng as Mort~agos is not in detsult berennder. the ri~Lt to reeeiv~ ~nd ~
~ ret~ain the renta. i~ues ~nd DroBts in oLiue~ (1) ~nd (3) hsrain.
(b) All jnd~men4. e~ d damage~ ~nd settlema?ts hereJter made naulting trom eondemn~tio~a or the
tatint d ehs premisas oe aqy part thereof uader ths po~ree ot eminent domain, or toc any dan~oBq (whether~b seeh ~
h
a talring or otteetvvie~l t~o ths pc~sn~isea ot tbe improvements Lhereon or any part lha~eot. oe to aqy r~hfs sppnrten~ni ersfA.
i inoludiAg aq~ award ~or eha~~s ol ~r~de d stceets. M a~? ~s hee~sby wthorised. on behalt ~nd in tLe nsme ot Mortg~gor
t~o eoceouts aad ddiver valid aeqnittaaees toe. aud b ap~pe~?t [rom aoy sueh jndgmeata oe ~w~tds. Mortgages ~ appb al~
, sifth NlR~ Or t~ ~O Z'OOeIY~. dtee the p~yment d a'il d itae~penses. inoluding oosts +~nd attoraeys' ees. oa t6~
uMeb~
ees s~oured hei~y in suoh m~nnar ~s iL ekots. or. ~t it~ option. the entire amount or w,~ part thereat w reeai~ed
nyy re~le~ed.
TO AAVI~ AlID TO oOLD tbs above granted aad deseiibed premi~es to Morl~ag~es. ita suooeeson an~da~na~ fore+ae.
and MorteaRor doer here~j?tnQ~ w~re~nt the title b Wid l~nd snd ~vill detend the eitne ~ainst the 1awM1 daims d W peesow -
whomeoeve~:provided ~hrwwa that i[ Mortaag~or shall p~y+ to ~artga~ee ~?t oertain promwory note"sbove deeeiibed ~nd shall
per[orm aU ot!?er epveawts and oondil~ons d a~id promi~wry nots. ~nd d sqy reneaval. ~tenaion or modiso~tion tLa'eo~.
and qt tAL'racANga~ Wm this mort~a~e ~nd ~he eak~a hareby ee~ated dWl oe~e and ba nnll an~ void.
Maart~q~ ivrtaer ooterunts and a`rees with Mottga~ee ae loUovs:
l. To p~y all sams inolu ' interest see~red heroby when dne. ~s provided for ia.eaid note ~adany renewsl, '
s:tension or modi6a?tion th~ asd ia thia mart~age, all aneh sums to be p~y~?ble in Li~d the United 8tates oi
i Aanerio~ ~t Mortgagee's doreeaid p~inoipal o~ce. or ~t wob" othee plaee ~s Mortsaaee.ma~ de~n~te in writin`. , i
2. To psy whm due4 +nd without requiriuB ~n9 notioe from Ma~tga~es, al! tatea. ~sse~ementa ot sRY ~ype or natnre aad
~ other~~~~ levit+d or asseseeci agsinat tbe,premises hereby eacnm. ~ee+ed and produos raoeipta tbee+etot upon demand. To ~
immedist~ely psy and diechsrge cWm; Uen or oneumbranoe agsms~ suoh premises whieL may be or beeome snperior to
' this mortgage +wd tu permit ao d~nlt or deUnquenoy on sqy oWer lien. euonmbnnee or oh+~+ ~~amst suoh premises.
3. If reqnired by Mortg~ee, to also mats monthjy depoata wiLh Mor~~, ~n ~ non-int~e~+eet be~rin~ +eeo~a~to~ thee
~ wiLh ~nd ia additioa to int~eres0 ~ad~ncu
pal. d s sume qn~al to on~twel[t5 d ths year~_ taues and as~esamenta wldefi
ba levied against the premises. and (iL w required) ona-twelith d tha ye~r1~~
ums for inaurmca Lhereon. The amoun~
snoh t~u~ee. ~saeesmenia and preminms. when unlmmvn. sh~ll bs estimaLedyy Ma~tgagee Snah deposita shaA ba nsed b~ Mort-
gagee top~y snoh t+~ee, asaeesments ~d premiums wl~en dne. Aqy iffia~aenep at aneh aeoount W p~?y saeh eLarges when
due s1uII bs p~id by M~rt~a~or to Most~a~ee oa dem~nd. If. b}? z~e~son ot an,y detanlt b~ Mortgagor undee aqy pmvisio~ ot
this mortg~e. Mortgs~ee deolaree ~ll aams sea~rsd hereby to be dne ~ndps ab1e. Mortgag~eem~y t~en ~PP~Y ~ tonds in
said aooonnt against We entire indebtedaees ~eoured hereby. The enfae~oesb~7i~ d Lhs eovenants relating to tue0. assessmenh
aad insvranaept~em~nms hee~ein otherwise provided sh~ll not be aseeted ~oept in so [ar ~s those oblig~4ons h~ve beea mat b~
oom lianoe with t~his Ddort~~ auy from time to time aL iLs option waivs. aad dter aqy suoh waiver reinstater
P ~o~
Mottga~or ~~~ass~e~~eab andain~surano~e premiu~ms~ he~~~rebewhers p~rovide~d.
e~ suoh woivar is in eQest
4. To prompdy pa sli tszes snd asseeamenta aeseeeed or levied nnder aud by virtue of aoy sLste. federsl. or munieipal
bw or regulstion h~ter passed. agsinst Marfgagee upon thia mortgagy or the debt hereby secured or upon ita intet~est
under thia mortgage, provided ho~vever Wat the totsl amount s~ psid for aqy sueh tues purawnt to thffi p~nigraph togeLher
w~ith t6e int~ereat psy~ble on said inde~tednees shall not e~~~es~ ~hi~herti. Ly~tnl ~te of intereet in Flonds snd provided
f further t6st in We event of the p~saage o[ any saeh Lw or dg~q~ t~he ~ti~ ia~ tedness seoured by this mortg~ge sh~ll
{ theceupoa beoome immedistely dae and pwyable st Lhe op~ioir.d Mort~agee. ' `
~ 5. To keep t~he premi~es insnred ~gaiost loes or damaBe bl Srs. windstotm and a~eL oL~ar hasards ae ma,y berequirel_ by
in form aad amounia atia[aetory t~o. and ia inauranoe ~+ompanies ~PProved b M Lhe polieies for wbiob
' all be ~ya~ to M Suoh polioies, and abstr~ots and otber titJs delivee~+d to and 6ald -
by MortgaQee. Upoa foteolosurep o~~'S
morte+iBs or ot~her ae4nisitio~n o~ t~e~p~m~ea oe aqy p~t U~~eo~ by M~B~ee. aid
polioi~s, sba~aab~ aad tide evidenoe aLall beeome the sbsolute pcoPert7 d Mortgag~es.
~ 6: To Mt obtain the written oonsent o[ Morly~~eh eon~ent to be tranted or withhsld ~t the ~ole di~aRStioa oi sueh
Mar~ng~ee. bdare (a) nemovin8 ot ~ aa now or ~~e~itet eeboted on the premises. (b) altering the arra~iBe- .
ment, design or strnot~ual ahara~oter thereof. (e ~~4Y ~~•rhioh ia~ohre the c+emov~l d struotural p~rts or the.ezposnrs
ot the intsrior d snoh bnildioa to the elementa~ or e:aePt tor dome~tie pnrpaes. ontting or removint or permittws tbe
enttan8 snd t~ovsl ot aay trees or timber on the P~
' 7. To m~intaia premiaes in good eondition audrep~r. inolnding bnt not limited to the m~ldn~ ot suoh repairs as Mortg~ee
m~y fmm time to time determias to bs neoeas~ry for the preeervatioa d the Premi~es and to not eommit nor permit an,y wasts
thereof.
S. To eomply with all laws. oedinaaees. reg~lstions. ooveoaate, oonditions snd restrietiona aQeoting the premises, and not
w suffer or permit any violstion thereot.
9. It Mortga~or ta7s to ~sY ~4Y elaim, lien or enoumbraaoe whioh is snperior to this mort;ag~e, or: whm dne. any tas or
aaeeesment or ~nsuranoe pre~um. or to ke~ the in repair. or shall oommit or permi! ~vaste, or if there be oommenoed
aqq aation ac ~e~ooeedin~ a~eotu~g the prem~ses or e titie theteLo, inolu~
. bnt not limited Lo. eminent domau? and b~nlw~ta7
or reorgaaisation P . tLm Mortgegee. at ita opfaon. maypsy s~id oLim. liea. enonmbrance. tsa asaesament or premium.
~rith right ot snbrogat~~der, msy malce snoh repairs and.tal~e suoh steps es it deems advisabfe topreve~nt or a~re sneL
~vaate. aadma~ +K?Pear in aq~? suoh ae~on ar grooeeding aad retun aoanael therein. aud Wro sneh aation tl?erein as Mortga~es
deems advis~ble. and for any ot aaid purpases Mortgagee m~y advanoa sueh snm~ d mone~r. inoluding a11 oosta ressonable
~ttorney'a tees aad other items of e:Peoee as i0 deems neceeear9• M°rtga6e° ahaA be the aole ~udge ~ the legatity, validitq and
pnonty d aqy such elaim. lien. enaumbranoa, t~e~c, a~e~e~t and ~um, aa~ o~ ~e s~ount neoe~ar~ to be paid in s~t~-
~ faetioan theeeot. Mortgagee sh~11 not be held a~oeounLsble tor any deby m maldng ~ auoh psymenl, whioh delay m~y resnlt m
aqq additiOnil intee~est, o0a4, eharges Or ezpense otherwise.
10. Mortgag~or ~riilp~y t~o Mortga~ee. immed~ateiy+~?d ~ithoat demamd. atl snau ot money sdvanoed by Mortgagee puraaaat
to this mQrtgag~e. inalnding all oorta. rea~onab~ attorney's fees aod other items ot ezpen~e, together with inte~rest on e~eh suah
advaaoement at the rsee ot ten Per oeak (10%) Per aannm. aad all saah som~ aad int~erest tLereon shall be ~ecnred hee+eby-
11. sII suma ot mone~ aeaured hereby s6a11 be payable ~vithont aay reliet whstievar irom aay valu~tioa or appraise~ent Lws.
12. Ii detwlt be made in p~yment d any installment d princiWl or intee'est d said note or part thsz+eot w~en dne. or
in pa,yment, ~rhen due, ot other snm seonred hereby. or in~{
ormanee of sn~? d M s ob4gstions. oovenaata or
ag enta hereunder, sll d~ indebtedaew ~ecared 1~ersbY ahall beoome ~d be unmedi+ due and payable at the option
d M tg~gee. withont notios ot demaad whieb ~re hereby e~cpresaly waived, in wbioh event Mortgages m~y ava7 it~sel[ d
~11 rightr sad re~?ediee, at Lw or in equiq? aad Wis mortsag~e msy be toreclo~ed with ail ri~htu and remedie~ aQorded by tha
ls~ws o[ Flonda and Morteagor shall pay a~l oorta. ahar~es and ezpenies thereot. inoladina s re~sonaWe atWrney's tee.
13. It detault be made in p~yment when dne. d aay indebtednees seaared herebY. or in Pedormauoe o[ auy o[ Mortgag~or's
obligstions. oovenwta or agree:neafs ~ereunder:
(a) Mort;nBea is suthorised at any time. withouL notios, in ita wla diseretioa b enter upon and take po~se~eion at
We premises or anq part thereat. to perform on~ aats M~ deeme neoeee~ry or pwper to conaerve the seounty aad to
eolleot aad reoeive aII ieats, issaes.sad pro8ts the~~eot. inalu tha~e pasi due as w~ell as those aoenung thereatter. aad
(b) Mortgagee shall be ent~tl~ed. as a matte~ ot striet right aad wiWout regaed to the value or ooaupanoy d the eeenrity,
to Lava rec~eiver ~pPo~nted to euter upoa snd takapoe~s~on at Lhe premises. oollee~ the reats aad proflta therefmm and appb
u
the aame as the oour~ m~~y d~reot, saoh noeiver w h~ve sII the righte snd powe~s permitted under tLe I~ws ot F'lotids.
In either suoh eaee Mortgs~ee or the reoeiver mqq also takeposBeesion o[. aad for tLese pnrno~ee nse, aay aud all pe~aonal
ProPer~3' oontained in the premiaes aad used by Mort~agor in ~be re~tal ar le~ainR thered oc ao,q part thered. The e~cpenae
(~noludmg reoeiver's [ees, oouosei lees. ooate and agenc s oompensstion) inourred Puisusat to ~he po.vera herein oont,~ined shall
be seaured hereby. Mor~gagee~dull (dter p~yment d all ooat8 aud e:Petue~s incurrod) sPPly suah rents, issues aud pro8ts
reoeived by it on the indebted eecnred hereby in suoh ocder ae Mortgag~ae determines. The nght to enter ~ud take poe~ession
of said proPerty. to msoa~e and 4P~te the same. aad to oolleot tLe rents. irsnes and proflta ihered. whether b~* a ree~ver or
othe~ise, shsll be eumulaiive W aay ~ot6er right or nmedy hereunder or stforded by law. and m~q be ezeraised ooncurrenLly
therewith or indepeadent(y thereot. Mortgagee shall be lisble to aoooun~ onl~ for woh renta. i~wes and pro8te aotnal~y reosived
b9 Morf~~ee• .
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