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TOaETaER wlTa all and sia~ular the teaemeats. bereditaweats aad pur•.eaanoes thereunto belonPia~ or in aay.
wise thereunto appertsiaiat snd the rents. is~uea and pru8a tAersot, ~ad ~bo al~tAe estste. ri~At tips. iaten~st ~nd ~ll ol~ua ~
and demand rrhatsoever~ Y~ItBII jp Iatl1 Y lf1 6qllllj~. ot ~Iortg~or ia and to the ssme. iaoludu~g ~ut aot Gmited to:
(a) AU rents. proBtR, rsveauea, ruyalteee, r~hta aud bene8u derived trorn (1) orops ~owa oo ra~d eeeu~ty and produos
ot the swl otherwise (Z) al. ~u or mineisl leaees ot the premises c~ aa~r p~t thereot. now exertinR or 6ere~tter oa~?ds. w~th t6s
rieht to reosive ~nd reeeipt Were[oe aad app~jr the s~me to the iadebtedaess,ieeured her+eby e~ithar bef~x~s or atter any det~ult
hereunder, aac1111octg~ee m~p demand. sue ~or snd reoover uq? ~uoh p~~ meats but ssl~al! not be trquired so to do. and (3) all
other ranta~ iaaues aad proats af the premises trow tima b time aoeruiu~: Mhether undet ieaxes or ten~tcies noM e;istio~ or
her+oatt~er ce+ented. roeervin~ to I~tort~~or~ boweveh so loog aa M~utgago~ ~a not ia detault 6a~euadac, the ri~l~t w reoeivs and
re6aia tha e~aata. iasues and pro6tf ia eLwes (1) wd l3) heeeia. u
(b) Atl judtmeats. a~*~e~ds ot ~1un~g~es aad setUementa her+eaiter made resultii.s from oondemaatioa praoealin~r or the
takinB ot the premi~e. or a~ part ti~ereot under che po~rer ot eraineat doruain. or tor any daa~ags (w~hether cau~ed by sueh
taking o~ otherwise) to t6e preaa~ses a the improvementa thereoa or aqy part thet~eat. at W aqy ri~hta sppurt~enant ibareto.
iaoJudiag ~ay ~wsrd tor ahacy~e ot grade at streets. Mwtgag a hereby authonsed. oa babalf aad w the name ot Mort~agor
to ezecute wd deliver valid ~oquittaneea fo~, and W appewl tee~om.aqy suoh jud~neats or ~wards. Morlaag+esm~q appty ~
such sums or a~q psrt t6er+eot so reoeired. ~tter the p~ymeni ot ~ll o[ iiae~pcaaes, iuotuding eoats ~wd attorneya' (ees. oa the
indebtednees eeoured hareby in suoA msnnet m it eleota. or. at ~ta option. the eatire ~?moun~ or w
m~y be rele~aeed. W P~t thereot so reoeived
TO BilVB AIYD '!'O HOLD the abova F~ranted u?d described premises ~o Mort~agea. its suooea~ors and aavgn~.l t~s
~ad biortg~gor dces hereby full,y war~ant the ti11e to caid laud. iwd wiU de[ead the ssme ag~inst the lawful olaims a[
whom9oever; Pmvided always tbat d Martgagoc shall p~y to 1ldort,~a~ee Wat oert~ia promissory note ~bovs daeoribed aod sbnll
Perform ap othee oovenants aad oonditioos ot s~id pmmissory note, ~nd ot aay ernewwl. eztensoa or modiHeation thereof,
and d this mort~age. tbea tius mortgag~e ~nd the estate hereby ~ted ahs11 oe~se ~nd be nuli and va8.
Mortgag~ar furcher oovenauta aad agreee with Mortgagee ~e tollows:
1. To pay a!1 sums inclu ' interesL sewred herebq whea due. as provided for in saii promiasory note andaqy renew~l.
eutension or modiBeation and in thia"mortgage„ att such sums to be payable in 4wiul money ot tha Uaited 8tates ot
Amerio~ ac Mortgagee's atoreeu~id prinoipal o~oe. or at snch ot6et plaoe ss Mortgsgee.may deaignate ia wrilint.
2. To P4y w6on due, and wit6outreq
uiriag any notice [rom 11~ortga~ee. all taxee. assessments ot any type or nsture and
other ct~ar~es tevied or s~l agsinst the ptennses her+eby encumbered and produoe r+eceipts therefor upon demand. To
immedisce~Y pay and dise?,.~rge any cLim. lien or mcumbranoe againat such premiu~es wLiah may be or beoome superior to
this mortgage snd to perm~t ao detault or deiinquency an ae~y other lien. encuwbrsnoe ot
chsrRe+ agai~~st saoh premi9ee.
3. lt reqnieed by Mortgagee. to vso make month~j? deposits with Mort~~, in w non-intareat
with and in additioa to inte~+est and prineipal. ot s aum ec~ual to ono-twelftb ot the
be levieci against the premises, ~ad (if so required) one-tweltth ot the ~'~b' ~°8 a°d asseeaments ~+hi uyy
ye~r~ypremiums for insuranoe thereon. TLe amount o[
such taues, aseessments and prem~ums. ~vhen uaknown, ah~l ba estimsted y Mort~~ Such depoeits ahall ba used by Mort-
gagee to p~r such tuee, as6essmc.nts and premiums when due. Any insu~eieaay af aueh aoeouni to pay auoh oharges wLen
due ahall be paid by 11ior to Mortgagee on demsnd. I[. by ~+e~son ot any de[autt by Mortgagor under an
T P~~on ot
this mortg~g~e. Mortgag~ee ecLsres all sums secured hereby ta be due andps Mortgagee may then a,pp~jr ~?ny fanda in
ssid aooount ~gainst the eatire mdebLedness seoured herebp. The en[oroes
'bi'~ty
d~the oovenaata e+ei~tin~ to ta:es. asseesmeats
e w~
and insursnoe iums hecein otherwi~e provided shall not be atfected ezaept in so tar as those obligst~ons hsve been met by
~+omplianoe wi~ thiapar~rap
h. Mortga~gee mi?y [rum time to time ~t ita op4on waive. and ~tter any suoh w+siver reinstate,
any or all provisions haneot reqniring euch depoaita, by notioe to Mort~agor in writins. While aqy suoh waiver ia in effeci
Mortgagor ahall p~y tates. ~aeessments aad insuranoe qremiums as here?n elaewhere pmv~ded.
4. To promptly pay sU taxes and a~sessmenLs assessed or levied under and by virtue of any atate, federal, or munioipal
lawr or ngulsiion heresfter p~ssed~ against Mortgagee upon t6is mortgage or t6e debt hereby securedt or upoa ics intenesi
under thia mortgag~e. provide,d ho~rever, thst the total amount ao p~id tor any suoh taxt~ pursuant to th~ paragraph together
with the interest psyable on said iadebtedness shell not exoeed the h~'ghest lsvr[ul rate ot inter~est ia Flonds and provxied
[urther that in the event of the p~ss~,Te ot any surh law or regulat'wn, the entire indebtedness secured by this mortgage atwll
thereupun become immedistelp due und psysble at the option of Mortgagee.
5. To keep the premiaes inauredaga~nst loas or damage by 8re, ~rindstorm snd such other haaards aa m~y bereqaired by
Mortgagee. ia form aad amounts astiefaotory to. aad ia iosanaoe oompaoies i?ppmved . Mort~a~~ the polieies for which
insnranoe shall be P~?Ysble to Mortg~e 8uoh policies. ~nd abecraota and other title evi~ence. a6aA be deiivered to and heW -
by Mortgagee. Upon toreclasure tof
h~s" mortgag~e or othee aoquiaitioa ot the~ p~mu~s or auy part thered by Mortgagee. said
paLcies, abstraots a~ at~e evideaoe nhall beoome the aba~lnte PmPe~'t7 ot'Mort8~6ee- ~ ,
~ B. To 8rst obtain the ~rritten eonaent ot Mortgagee. snch eoasen~ to be granted oc ~vithheld at the Bole diacretion ot suoh ,
Mortgagee, betore (a) removing or demolishit~ buildmg now or hereatter e~reoced on t~?e premisee, (b) altering the arraoge-
meat. deaiga or s~aetural character thereot. (oS ~ any repaira w+hiah involre the removal a[ struetwy?1 parts or the exposnre
of the iaterior at sueh buildiog to the elements, or ezeept tor domestio pnrpoees. autting or removing or permitting the
outting aad removd of aay tr~aes or tunber on the pramises. - '
7. To maintain premisee in good eondition and e~epair. includiag bnt not limited b the makin~ ot suoh repairs ss Mortgagee
~~et~rom time W iime determine to be neoe~sary tor the pre~ervstion d the premises and .to n,ot Commit nor permit any waste
8. To oompt~ w~ith all laws. ordinaneee„ reguLtions, eovenanta, oonditions and re~triotioas aReoting the premiiees, and not
iR1 SliffPl O[ p6iIIl1E ~1qy YinVti04 t}19r~. c
9. It Mortgag~or fails to pay u~q olsim. lien or encnmbranoe ~v6ich is supetior to thia mortgage, or. ~rhen due, any taz or
as~essment or iasaranoe pr~emium. or b~eep the premisea in repair, or shall commit or permit Waste, w d there be oommenoed
aAy accion or proQeeding aHectidg tLe premi~es or tbe title theteW. inalu , but noE limited to, eminent dpmain_~nd banluvptay
or reorganiution pmceedings. then Mortgagee. st its aptioa. may p
ay aaid c~. lien, encambranoe. tu. aseessment or preuuum.
w~ith nght o[ snbrogstaon t h~eunder, msy make snch repai.~ sn
d take such ateps as it deema adviaable b prevent or oure suoh
waste. and msp sppesr m any suah sation or pmceeding wd reta~n oounael therein. and ta]te sach sction thereio ae MortgaRee
deems adviss~le, snd for any ol aaed purpoaes Mortgrgee may advaaee such suma d mone~+. iaoluding all oosts, i+essonable
sttorney's tees and other iteme d e:pease as ~t deems neoessarq. Mortga~ee ahall be the sole ~udge d the legality. validity and
priority of any auch olaim, lien. enaumbranoe, taz. aes~m~t aad premium. snd ot the amount neo~wy to be paid in satis-
fantion thereot. Mortgagee sha11 not be held aooountable ior any delay in m~lring any auch psymeni, qhich delsq ma,y result in
auy additional interest, oosta chsrges or ezpeoae oWerwise.
10. Mortgaaor will psy to Mortgt~gee. immediatety and without demaud, all sums of manay advanoed bp Mortgagee pwsuant
to t~hia mortgag~e. iualuding all oosts, ressonable attomey's tees snd other itema of expeoae. tog~ether with intecest on esch suoh
sdvanoement st the nte d tea per o~t. (10%) per ennann. aad atl such sums aad inter~est t4er~,an shall be secared hereby.
I1. All sums o[ money sec~red hereby ahall be psysble without any rehe[ rvhatever fmm anq valnstion or appraisement LwE.
12. I[ defwlt be made in pe~ment d anq installment of principel or interest ot asid note or an~ part thereof w+~en dae, or
in paymeat, wh~ dne. ot any othea~ sum seaured hereby, or in pedormanoe ot any d Mo s obiigatioua. oovenanta or
agr+eements hereunder, all ot tl~e wdebtedness eecnred herebq sTull beoome aud be immedis due and psyable st tbe option
- ol biortgage~e. ~.ithout notice or demand ~rhich are herebq ~preesly ~aived. in ~rhiah eveni Mortgagee may svail itaeit d
aU righta aud remedi~. st l~~r ar in equity. and this mortgage m~y be ioreolosed with ap rig6ts and remedies aRorded by the
4ws a[ Ftorids aad Mortgagnr shall pay all oorts. cLargee and ezpet~ses thereot. inelading s reasonsble attorn9y'a tee.
23. H detault be ms~e in p~yment, when due. d any indebtedne~s seanred hereby, or in per[ormanoe d any of Mortgegor's
obligstions, eovensnts or agreementa hereunder:
(s) Mortgagee is suthonsed at any time, without notioe. in ita so{e diaaretion to enter upon snd take poscession d
the premises or any part ehereot. to perform any scta Mort~agee deema neoesssry or pmper w oonserva the secunty und to
oollect and reoeive all rents. isauea md pm8ts thereof. in~:ludmg thoae past dne aa wea ae ihose aocruing tbe++e~tter, aad
(b) Mortgagee shall be entided, as a mstter d Btriot right and wit]wuE regard to We value or ooeupaney d tLa security,
to have a reoeivec sppou?ted to mter upon and takep~s~a
n d t6e premiseB. oollect We rents and pro6ts therefrom aud apply
the same aa the oourt may duect, aaoh rtioeiver to Lsve sll the rights and powersperm~tted under the lsws d Florids.
In either suoh caee ~i~rtgsgee or the neoeiver may also take pas~ession of. ~sd tor tLeea pnrposes uee. an and ~II
ProP~Y oont:ined in the premises and used by Eiort~agor in t~ renta7 or kasing tber~eot or aay pert th ed. The e~icpense
(including reoeivefs [ees, oounsel [ees, aosls snd agent s oompensstion) incutred pursuant to the powe~s herein oontaiued ahall
be secnred hereby. Mortga~ee shall (dter psyment d all oosts aad eupenees inenrredT aPp1y si:ch i+eots. essnes and pro8ts
reo~ved by it on the indebtednees secured hereby in auoh order as Mortgagee determines. The right to enter and take Qoeseesion
of aaid prop~ty, to msnsge and operste the asme. sad to ooUect the renLs, issues md proflta thereot, ~rhether bq a reeeiver or
othenvue. shaIl be cumula4ve to other right or remedy hereunder or aRordcd bp bw, and mav be e=ercised ooneutrenUy
therewith or indepeadently thereo~~ortgagee sLall be lisble to aoo~unt on}y tor sua6 t~enta, imue~ ~u~! pro6ta aaLuaQy reoeived
bY Mort6a8ee•
t~ 1~ ~~4~5i