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HomeMy WebLinkAbout0586 days respectively the same severally become due, 2. To pay all and singular the taxes and assessments at any time imposed, levied or assessed on the Hortgaged Pre~ises or the indebtedness secured hereDy, or the Mortgagee's interest in the mortgaged premises before they become delinquent. Tax receipts shall be placed in the hands of Mortgagee within ten (10) days after payment. 3. To keep the Mortgaged Premises other than land contin- uously insured against loss by fire and such other hazards as may from time to time be requested by Mortgagee in companies and in amounts in each company as may be approved by and be acceptable to Mortgagee; all insurance policies shall contain the usual standard mortgagee clause making the loss payable, without contribution, to Mortgagee as its interest may appear, and shall be delivered promptly to and held by Mortgagee. Not less than ten days in ad- vance of the expiration of each policy, to deliver to Mortgagee a renewal thereof, together with receipt for the premium of such re- newal. The proceeds of any such insurance or any part thereof may be applied by Mortgagee at its option, either to the indebtedness hereby secured or to the restorattion or repair of the property dam- i ~ aged. ~ E 4. To keep the Mortgaged Premises and the fixtures now or hereafter located thereon in good order and repair; to permit, commit or suffer no waste, impairment or deterioration thereof; to preserve, maintain and care for any timber, pastures, orchards, citrus groves, fields and other agricultural developments now or hereafter located thereon, including, but not being limited to, cultivation, spraying, dusting, pruning, fertilizing, liming, draining, irrigat- ~ ing, protecting against damage by fire and r~lanting when neces- sary, all to be done in accordance with good husbandry and the most ~ ~ approved methods of agricultural management. ~ ~ 5. To comply as far as they affect the Mortgaged Premises, ~ with all statutes, laws, ordinances, decress and orders of the United ~ ~ States, the State of Florida, and any political subdivision thereof. ~ ~ 6. To pay to Mortgagee upon demand all sums, including costs, ~ ~ . Page Three 1=~ SOUTM ORANO[ AVENU[ WARD, BitADFORO 6 OSWALC 141 W[iT I~MAN AV[MVE ORLANpO, flOR1DA 3290~ wnOilNtri wr Uw WINTER PARK, FLORIOA 3276~ ~ ~~~.7p ~ 58~ 4 „2'j~~c:y 3 p . ycl~ f ~y s~~ ~ ' ~ ~7 `~"~i~ ~~.F ~ ~ i ~ _ "