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or use Mort;.~e~ eeco~i. t~amediat~a au. aeiia par•we, aiu~ouc nottce. ana prooeeal~w nw e. tadlcueea e~ cb. ~tosc-
~a~es for tbe t~eco~?erp thereat Dr foreclasure ot thts Mcrt~e. ot la aqy otAer manner peimltted pr law as t!w Mott-
sa~e.ma~ elect..W?wns iw w. aoc. or m cw Mart~.~e oouwaea ta tAe oontrse7? thereco nocvluut.oalu~. vpon :ore-
closure ot thls Mostsa~. tM lr[urtia~e+ sbW be allo~wed aa a part ot tl~e indebtedness ~ecured AerebY. wd tle~ ~[ort-
tl~tk an~tax sea~h ~ad tbe Nextei~
to da~ot~in aDatnct oi
utle or
uW pollq~,~aad~~~ttotne~ors~lowre proceed-
ta~s 1u~e setUM betore tl~e coosu~matbn thereot or tRe eat~? M ~ud~mea~ aW? sucII ooW wd expeases aad other
charYes ~o Wcurrcd. includins s rea~onable attorney's he. ~hW nevertheleas be pafd. Tbe Mort~atee or W WrtJ~ in 1a'
t~rest. eefnt tLe Iil~Ae~t bWder. raaY b~ a purd~ser at-~q~r fonclosure ah. QiU? elecUao bp tAe ~torti~ee at Aerein Pro- ~
vlded for m~,~ De exercl~ed immedtateV upon detaul~ or at ~ny Wne tl~eseaft,er. and aotht~c.5 sl~l b~ oan~trued W be a
wdver ot sucA riYht unlen rvWenad bp an InstsumeAt fn wrlUnt to that ea+eet duls? execvted 1r7 tM ~[ortsagee. TAe
Mort~a~or adves all ti~Lt ot Aomest~~d and exemptlon seanted b7 t1~e Qoastltvtion atd Lws ot Florld~.
AND THS MORTGACAA FUBTAER G~NVITIANIS AND aGREP~:
l. '!b pqy the DrindPal le~debt;duas with interat aa fa the note provided. 1b W11? a?aath~j? unto the Mort~a~et.
tn additbn to and at the tlme and place for e~cb paynnent of prindpal ~nd laterest, an in~WhnenE d each c[ tde tolbw-
1n~ c1~:
(v Taues and a~nesaments. Rnerd or specisl, sad W other char`ea levied or to b~ le~rled atatnst.tM premise: -
lb) Premiums to become due and payable for. ~?d to renew. the tnsurance aa the premtsea agatnst loss by 8re and
such other lusur~ d?eu~ltiea aad oontLn~e~a as herefn provided for or nyutred lrwn tla~e to tlme.
The amount ot the respective monWb installMenb shall be equal to the amount oi the annual respective charge next
due (as eWmated b~ the Mo~rt~e~. le~s aU lnstall~aenls alcead~? Wld Uieretor. divWed Dy tbe numbr ot monthly In-
stallmeat~ tberetor beoomt~ dw not later than one month prbr to tlw du~ date of a~pr a~teh d~ar~e and s6a11 be sub-
fect W 1n¢rea~e oe dece+eue to tl~e extetit ~~a~qulred W create as oi a moufhly pRyment dtte an !M note aot l~as thaa one
moath prlor to the due date oi any wuh cbarge. an amouGt sufftcieat tor the paymcnt _tbereoi ~rhen ~e and p~yable.
In no event sl~all the Mortgegec reocivln~ such pa~anent be liable for aqy intesest on atpr ~mount pald to it es herei.n
s'e9uired. and tAe money so reoelved aW? be held wiW fb owa iunds P~~B P~,Yment or appltcattaa tl~ereot as hereln
provided. The MortBsBo~' shal~ furdsh nnto tLe Mortgagee at le~st Sfteea days beiore the due dste aa r.~cw.-' ~,.-trment
of the amount of anY taxes or as~ssmen4 nent dae. and such Mostsa~e sl~all pRy the above charees to tLe amount of
tbe tl~ unused credit tUcr~or as and when tf~e~ become ieveralt7 due and payabla The D[ort~ag~ee ma~Y. at its opttoa.
Aere~r in exoeas~ot~the the~ am~t
of credit tor~sabd char~s. TM exoe~uaount s~dvanoed aliall~be itnmedfately du~e
and pqyable to the Mortg~ee cod sl~all be iecured as an additlonal prlndpal sum under tWs instivment aod bear the same
rate oi interest irom date oi advancemeat as tl~e princlpat ladebtednas. An oQletal reodpt tDerefor ahall be coaclusive
evldence of wch psyment ud oi the valWlty a1 such charges. 'l~ne Mort~+~Ba m+~Y aPAIY credib add by it for the above
charges, or any part thereof. on account oi W deWquent lnstallmenb of piindpal or lnterest or any other payments
maturing or due under Ws lastnuaeat and the anwuat of credit eulstia~ at at?T tlme sha11 be reduced by the anwunt
tLereoi pdd or aPPUed as herdn pmvlded. TAe amount oi tbe extstin8 credtt l~ereunder at the tlme ot W transier oi the
Propel'~Y ~al~ without as~meat tbereoi inurs to the bene8t ot the suooa~or oqrnez of tM Pr~riY and shall be app11M
uader aad sub~ect to all of the provWons hereoL Up~ the p~yment fn full ot tLe lndebtednear, tt?e amount of any
unused credit sMll be applkd to U~e payment thereoL
' TDe Mortgagee may odlect a'7ate charge" not to exaecd four cents (4c) fot each one dollar <il•00) oi each monthly
installment ptyment required oa the iiote and under tbls Mortgage v~hich Is more tlisn nReen t15) days in arrears, to
crnrer the eatra expenx lnvolved in handling deliaquent payments.
2 To pay~ when psyaDk. all taxes and a~nts, general or apectal, water rents aM gmund rents and all other
cbarges whatsoever levlecl upon or assesaed or plaaed a6etnst the premi~es. Pmvtsion Lor wIItch hat not been msde here-
inbetore, and ~pW promptly deliver tt~e oRicLl recelpts theretor to the Mortgagee; to llkewbe psy ~Il taxes, a~ts
and otAer cMrgea. levled upon or assessed, placed or made against this lastnimen~ or the lndebted~uat or a~pr interest oi ~
the Mortgagee 1n the premises or the obllgatians secured hereby. Provided Uut tbe psyment of eny such tax asseas-
` ment or charQe Dy tLe Mortgagor b not contrary to law or would not result !n t6e payment oi aa ualawtul nte ot inier- ~
est on the fndebtedaeas herPSy secured. In the event ot the paa~age atter the date a[ this lnstrument of sny law oi the t
State. or subd[vislon thereoi. wherein the premiaes are sltuated. creattng or providing for u?y tax. as~ment or charge
wh[ch by tbe above provlao is not to be paid by the Mortgagor. the indebtedness secured hereby togeLher with interesi due i
thereay shall. at the option ot the Mortgagee. become immediate~y due and psyable. and In the event pqyinent there- ~
I of b not m~de iorthwith. the Mortgagee mqY take or cacise to be taicen aueh action or proceeding as me~y bt taicen here- ?
yndes in the we d any otber defavlt In We payineat oi the tndebteddess. ~
3. 1b kcep tLe buildfngs and additions thei+tto on or hereafter erected or placed upon t6e land Insured against laas ;
by Sre and such other l~azards. casualUes and oontingeactes. including.war damagea ii ni ~~y time a state of war exists or
it appeais to the holder oi the note that ~var ia lmminent~ and in such anwuab s:u for suc
: perbdt, aa may be required 2
irom tlme to time by the Mortgagee. and to pqy parolnptl~ when due all *:emiuuQS on wch ina:iance. proviaion for pay- ~
ment of whfch has aot beea made herdnbeiore. 'fhe polidesot insurance shall bave lws payable provlsions acoeptable to
the Mortgagee and shall be dellvered to and held by the Mortgagee, or as lt ma4y direct, until tl~is Mortgage b saiisned. ~
Renewal polides of insurance. Premiwns for wlilch have been fully p:~1d, are to be furnlshed to the Mortgegee at least ~
Siteen daY= P~r bo t6~e ezpiraUon date oi the insurance tAereby rr~ved. T6e 1n=uranoe shall be ~viittea !n companles i
approved by the Mortgagee; in no event shall U?e Mortgagee be held ~responsible for feilnre to pay for aay insurance ;
vv~itten or for aay loas or damage growin8 out oi a defect in any poDc~ or groaing ant oi aaq lsilure oi aay insursnce ;
oompeny W psy for any laas or damage in:ured agafnat. In the event oi Ias t2~e Mortgagor shall give lmmedtate notlce '
ty msil to the Mortgagee who me~y make proof oi loas Ii not made pmmptly by tAe Mortgagor; each inwnixx company i
concerued is. hereby authorized and directed to znake payrnent tor lasa directly to the Mortgagee Instead of to the Mort- t
~or aaa the Mortgsgee ~oinUy; the insurance prooeed~.or a~q? part thereot, may be applied b~•the Mortgagee~ at its '
optlon, to the expenses, it any, fncutred by it in the coIIECtlon thereo~ to the reducUon of the indebtednea hereby [e- ?
cut+ed, to tLe t~storaUon or repatr of the Property dama8ed. or rel~ased to tLe Mortgagor without IiabWty upon the Mort- j
gagee for such release. All polldes oi insurance are hereby asslgned to the Mortgagee as additlonal secudty for the pqy- f
ment ot the wms uid lnterest sec~red hereby; in the eveut or foreclosure ot thL Mortgsge a~r otLes tsander a[ tlW to the
premises iu e~ctingutahmen~ of the fndebtedness. all rlQht, title and interest o! the Mortgagor fn and to any 1Latranoe
policks thea in force stiall ~aes to the purcha~er or grantee.
d. To caapiete witbin a reasoaable time any building orbuUdin$s now or at any ttme in t1?e pmoeas of erection upon
tLe land and to promptly repeir. ratore or rebulld any bWlding or improvementa now or hereaiter os~ the lead wAicL
may became dam~ed or bt d[stroy~d, and not aommit or pernnlt to be done or euiK on a~ about tt~e per~nises anythtt?g
~ whereby.the premises shall become less valuable; W oompiy with aU laws. rule~ reguLUons. or ordinances oi any govern-
mental a~enc~~ and not vloLte or permlt the vldatlon a~ to tbe premises of an~r bu11d1ng ot use ratrlctions; to keep the
land and impro~vements thereon fn~e fram mechanic's snd materialmea'a Ueas ao~ wiri nat suRer any Hd~ superbr to tbe
lfen created by t2ds lnstrument W at*,sch to or be eniorced agafnst tbe premises.
S. It deteult De a~ade In tde paymeat of taxes. ass~nents. ltens. claims. lnsurance premiumi or anq other charge
whatsr,r~~er. or an~ part tha~eoi, or fn tbe perlormance of any ac~ to be ~id or pedoraied bp the Mort~a~or nnder tbe
~+OVYons hrna[. tbe ldort~agee a~y. at its optloa, malce ppment therev[ or pertorm a~ act reqnfred d tLe Ltortgagor
in aq~? for~n or manner deemed eupedient and p~y aiq? otber sum t1?at ls necesrarY to probect tbe secudt~ ot tL1s tnstru-
ment; the amounta so pald. ~r1tL interest tbereon irom the date ot mch paymrnt ~t the s~me nte as borne b~ the prin-
dpal 1nd~~tednes? sbW be arened as an addltlonal lien on the premisea and ahW De adAei to a~ beoomt a part a~ the
IsBebted::est srcured ~ereby and be imnneai~tely? due and pqab4 W tbe Mott~a~ee. Any pa~ruoent bereb~ authocl~ed to be
made b7? the Mo~rtp~ee mpr be made acooiding to ~u4 a11. datement or estlmate turalthed os procueed trom the appro-
P~'~k Publfc o~foe oe the Parb? cLimfn~ P~eat wltho~ut laqulry fnto tbe aeenrac~? or v~lldlt,~ tbei+ea~. aad the neoelpt o[ _
~Y P~ o~! ~ P~'~Y in tbe l~ads ~ tbe Matt~ee slwll be concludve evi3enoe oi tbe validly~ and amount o[ item~
so p~td: t6e l~artsa~ee aba11. at its optlan, be suDro~r.ted to anp mcumbraaoe. 11eo. claim ae 8eanand. and to all tLe ri~hts ?
wd ~ccudtia ioe tM pp?nrtRat thereot. P~fd or dtsehar~cd wlth the ptfndpal wai ~ec~tred Irereby oe b7 t~ ~ort~a~ae ;
nades t~?! pcoybfons b~reo~ aoa ~n7 ~?ts tbail be ~ddtt~ooal ~nd cumuLtlw ~ecu~iq? to this ~[oet• -
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eooK169 ~c~ 167. :
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