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7'06~'1'9ES ~IITa ~ll ~ad sin~ular the teaementa. herediLanects snd~?ppurte~w~oe~ thareunto bsloo~ing or in any.
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wae therounto i?PP~~oS ~d the re~nt+s. iaue~ aad ts tbeceat. ~nd uLo ali the estata ~ t~tis. intaze~t and a!1 elaim
und dem~ud ~vhat~osvar. w wdl ia law as in equity, a? Mort~or in and b Lhe eama inoludu~ t not limited b:
(N All rsnt~ pro~Qta. revea~a. roy~itie~. nBht~ wd beaeQta deri~ed from (1) aoPs arown on aid esourity ~ad prodnes
of the ~oil otheewue C2) al. ps or minenl ie~~es o~ tha pe+eini~es or aqy~ thes+eot now e:istint or here~t~er msde. with ths
riaLt b reoeivs ~nd reoeipt ihere(or ~nd ~pp~y ths auas to the indeb ae~ seaure~ hereby either betars or dtet sq~ det~?ult
heraunder. ~nd Mortga~ee ma~y dem~nd. sue fie and reoover suoh p~ymeets buo ahsil not be required eo to do. ~?nd 4S) sll
oWer rents, iesues and proHts oi t]?e prsmibes trom time Lo time aasniing: whethee undor ler?es c?e tenaneie~ now e~ristuig or
here~fter oseabed u~ b Mar gor. howeveR so bnp ~s Mori~or ~s no! in detwlt Lereunder. t6e ri~ht to reoeiva ~nd
retain the ren~s. isu~aad Droflts 'm~elwse~ (1] wd (3) hereia.
(b) AU 3ud~menta. ~warde al damage~ aad aett~nents bere~itec mi?de resnltin~ troa oondemnatioa prooe~iin~s ot tha
W~ing ot {1~e premiee+ or aq~ p~rt thereof under t6e powee ot eminent domain. or tor aqy d~mage (whether a~naed by anah
or otherwcse) to the premises or the improve~nenta the~~eon oe any p~rt theteof. o~ Lo aqy ri~6ta ~?ppurtensat therst0.
indn ' aa~r ~ward for oh~e at ot streets. Mort~ag u
hereby wthorised. on beh~lt and ia the aame ot Morttagor
to e:eoute and delivec v~lid ~roqnit~ fot. aad to ~ppeaTterom ~y suoh judgmente or awards. Martg~ges ~ sPP~Y ~
suoh anms or aqq P~t thereot so reoeived. ~tt~er thep~y ment d ~?~10[ ils ezpe~ues. inaluding eoete aad attomeys~eea, on the
indebtedaees seeured hereby in auoh manner as it eleot~. or. ~i its ogtion, the entire Wroun6 or aqy Part thee~eo~ w reoaived
m~y bs rele~eed. .
TO HAV1~ ANID TO aOLD the above aranted and deso~ibed premises to MortB~ee. its sneoe~eors anda~n~. torevez.
aad Mortgsg~or doaa hereby tull wareant the title to aaid lsnd and rviU detead the s~me a~ainst the l~wtul o4ims ot all petsona
Rhomiosver: Pmvided ~lw~ys ~L it Mottgagor s6all p~q Lo ~urtgasee t6st oertain pro note sbove desoribed ~nd sha11
pertorni all othee oovenanta snd eonditions ot s~id promieaory note. and ot ~qy renew~al.~oa or modiIIa?tion tLereot,
snd ot this mortgage, Wen Wis mortgage and tha estste hereby ~eated sLsll ae~se aad be nnll and void.
Mortg~gor turthar oovenaata aad a~rees with Mortgagee as tolb~vs:
l. 1b p~y ~Il snms inoludw~ intereat seoured hereby wben due, ae provided fot in s~ii pmmi~sory note ~adaqy rene~v
est~enaion a~r modidoatioa thee~eo~ aad in this mortgsge. all woh suma to be_p~ysble in Lwiul money at the United 8t~tes
Amerias at Mortgagee's atoreeaid Prineipal ol9e0. or ~t snah ot~6er ptsoe us Mort~agee-ma~y designate m writu~.
2. To gay whoa due, and wit6out~q u~iring aay notive trom Mortgagee, s?l1 tauee. sssessments ot aay type or nature and
other ohargee levied or sa~esed against the.pcemises hereby enoum_bered snd praluoe reoeipta there[or upon demand. To
immedistely p~y snd discha~rge eny claim. 1~? or eneumbranve agsuiat auoh premises ~vhioh msy be or beoome euperior to
this mortgage and to perq~it no default or delinquenoy on sqy other lien. eaoumbrewce or eLar~+ agsinat suoh pcemiaes.
3. I[ required by Mortgagee. b alao make moathty depoaits with Mortgagee, 'in a non-interest Dearing aooount, together
with and in addition to interest snd prinoipal. ot s snm eq
_ual b one-tweltt~h o[ tae ye~r~y, ta:es snd an~essnoenta ~vbiofi m~?y
be levied againat the premi~es. and (if eo required) one-t~velith at the J~r~ypre miums for iasuranoe thereoa. The amonn0 at
suoh taxes, aaseasmenta and premiums. ~vhen unl~nown, shsll be eetim+?ted by M~rtgagee. Suvh deposits ahaU be used by Mort
gagee w p~,y suoh tases, ~m~ts and premiums when due. Any insulS~noy of auah aooount to psy suoh u6arges ~vhen
dne ahall be paid by Mort~agor to Mortgagee on demsad. U. by re~son ot sny detault by MortgagoT under any proviaioa oi
Ehis mortgage„ Mortgagee deoW+er all anms ~eoured heceby to be due and ~?able. Mort~ageem~y then ~pp~jr aqq [unda in
said aooount againat the mtire indebtedness aeonred hereby. The enfomesbilitq d the aoveaanta relstin~ to Uuces, aeeessmenta
and iosuranoe premiums herein other~vise pmvided a6a11 not be ~eoted e:oe~t in w far as those obligakona hsve been met by
oomplianoe ~riW t~Lhis h. Morigagee may trom time to Lime st ite option rvaive. and dter any aunh waiver reinatate.
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aqq or all provi~ons ec~eof reqairinB auah deposits. by notioe to Mort~ag~or m writrog. . While aqy such waiver is in e8eot
Mortgagor shall p~y tsses. aeseesmenta and ins~raaoe premiums as here~a elsewhere provided.
4. To promptlqp~y all taxes snd asse~ments asee~ed or levied und~ and bp virtue of any state, federa?1, or munieipal
lawr or reguls~ion her~after psseed, egainst Mortgeigee upon this n,artgage or the debt hereby seourecit or upoa iis intereet
under tLia mortgage. provided hov~ever, that the total amount ao paid for any auoh tsxes pursuant to th~s paragrsph together
~ith t6e interest pa,~able on aaid indebtedness shaU noL exceed the~q
hest lawful raLe of inLerest in Florids and pmv~ded
turther that in the event ot the ps.~sage of sqv such la~r or regubtion, tiie entire indebtedness seoured by this mortgnge ahsll
thereupon become immediately due snd payable st the option ot Mortgsgee.
b. To keep the premiees ins~uedag~na
t loss or dameBe b9 flre. windstorm snd suoh other hasards ae may bereqnired by
Mortgagee. in toran and aonount8 satiafaator9 io. wd in iasiuanoe oompanies approved .~y Mor~q~ge~, the polieies for whioh
;nsuranoe ahall be pay~ble to Mo~e. 8aoh polioies, snd sbstraote and oth~ title ev~denoe, sh~il be delivered eo aad heM
by Mortgag~ee. Upon toreolosure mortgage or other ao4uisiLion ot the pr~emises or aaq part thereof by Mortgagee. said
poliaes, abetraote aad ktle evidenoe alull beoome the sbeolate Pi'oP~Y al Mortgagee.
6. To Ms~ obtain the ~vritten oonsent at Mortgagee.. snoh oon~ent to be Sranted o1' ~rithheW at the eole disoretion ot euch
Mortgagee. before (s) removing or demoliahing buildmg now or het+eatter ereeted on Lhe premiaes. (b) sltering the arreng~
ment, design or strnatun~l ahsraoter thet+eo[, (a) ~+4Y ~oolve the remov~l ot strua Wral parta or the ezFosure
' o[ the interior ot suoh building to the eleme~ts. or e:aepi for domestio purposes, outtang or removing or permiLUng the
outting and removal of aqy trees ot timber on the premises.
' 7. To maintain premi~es in 8ood aondit~on sad repair. inoludin8 but not limited to the mating ot sucsh repairs aa Mortgagee
'~i msy imm time to time determine to be neoessary tor the preeerv~t~on ot ihe I?remiaes and to noi oommit nor permit any waete
~ thereot.
j 8. To oomply with all lavvs, ordinanaee, reeulations. oovenants, conditioas sad reetriataona aReuting the premises, snd aot
E to suQer or Pei'mit +nY viol+tioa thereot.
~ g, u Mortg~g~oc fs~s to p~y aqy aWm. lien or enonmbraaae whiah ia snperior to this mortgege. or, ~vhen due, sny t~ or
ssseesment or msuriwee premium. or to keep the premises in repair. or shsll eommit or permit~ ~vaste. or if there be oommenoed
iu?y aotioa or P~eedin8 sReotmg the prem~ees or Ehe title theteto, inoludina. bnt not limited to. emineut domain snd b~ukrupteq
or reorgsni:stion p~~, then Mortgagee. st ifa option. ma,yp~y said olaim. lieo, enaumbranoe. fas. sseessment or prem?um.
vvith nBht ot subi~ogation tLereunder, msy make suo6 repaire aud teke suah ateps_se it deema sdnssbk to prevent or cure suoh
vaate. and msY aPPear in eny suoh ~?otion or Prooeeding and retain oouneel there~n. and talce euoh aation therein as MortgaBee
deems adviswble, and for any ot sud purposes Mortg~gee m~y e?dvaaae suoh sums d mone~?, inoluding sll ooeta. r~eseonable
~ttorney's tees and other items ot espense se it deems neoessary. ~Iortg~ee ahs11 ~e the ~ole ~udge d the legalitp. validity and
tq d any aue4 eWm, lien, eacumbranoe. ta:. aseessmeat and premium. and d the smoun6 neo~sary to be p~id in satia-
sction thereot. Mortgagee shall aoL be held aoconntable [or aqy del~y in makine a4Y eu~ P~Ym~~. delay ma~y result in
~y additional interest, eosta obaeges or ezpenee ot~w~e.
10. Mortgagor ~rill psy to MortBiBea. immedu?telY ~°d ~vithout demmd. all sums ot moneq advsnoed by Mortgagee purswnt
to t6is mortgage. inaluding all ooata, reaeonable sttorney'a tees and othec itema ot e:peose. toget]?er ~vith intereet on eaeh auoh
advsnoement~ at the r~te ot ten per oent. (10%) P~' ~d ~?ll suoh sums and iaterest thereon shall be aeonred hereby.
11. All suma d money seoured hereby sLall be p~ysble without any relief whstever irom aqq valnstion or appraisement lsws.
12. It detsuli be m~de in p~yment ot any installmeat of PrinoiD+~ x inte~t af said note or aa~ p~rt Wsreot ~~en dne. or
in psyment. w*hen due, a~ any other sum ~eeured hereby, or in pedormaace of ao,Y d Mortgago~r a obligations. oovenaats or
ag~een~enta heceunder, all ot the indebtedness ~ecured hereby shsll beoome and be immedistet~y dae ~nd p~yable ~t the option
of M~tgagee. wit6out notioe or demand wrhioh are herebp e:preas~r Rr~ived. in whioh event Mortgagee m~y svail icselt o[
all rights snd remediea at is~v or in equitp ~nd this mortgage msy ~e foreolo9ed witb a0 righb and remediee s~orded by the
L.v~ o[ Flonda and Mortgaaor ahail pay a~l oosta, charg~es ai?d ~penses tbered. including s reaaonsMe attorney's tee. ~
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13. It de[sult be m~?de in pRqment when due. d~ny u?debtedness seoared hereby. or in perforauunoe ot an,p d MortgaQor'a
obligutione. eovenanta or agreements ~euad~: s
Mortgagee is wthorir~ed wt aqy f~me. without notioe, in its sole diacretion to enter upon and talce poasesaion a` ;
the premieee or anyp~t thereai. to per[orm aqy aota 11i deema neoee~arY or proper W oonserve the seounLy and to f
oolleot and reoe~ve sll rente. issues aad pco6ts t6eneo[. inola ' those past due a~ well as tho~s aooruing there~tter. and ~
(b~ Mortga,g~ee ahatl be entitied~ ~s s matt~r d striat right and wit}wut regard to the value or oeoupaaoy of the eeaurity. i
to 6ave a reoe~ver sppointed W enter apon and t~kepo~ess~oa ot the premises. eotleot the renta and pro8ts therefrom and i?pP1Y
the same as the oonctma~v du~eot. woh rroeiver W hsve W the riBhte and powerspermitted under the brrs d Florid~.
In either suoh caee 3~iortga~ee or t6e reoeiver mU alsu ta~e of. and for these PnrPoser use. any and ap pe~sonal `
P!nP~Y oontsined in the prsmmes snd wed by Mortfagor in rentai ac le~win~ thec+eot or aay part thereot. The ~penss ;
(~noluding re0eivee's [ees. oonnsel feaa. ooats ~nd ~genE a oompensstion) iaearred pnrauant to ~he powea heroin oontained aLall ;
be eeaund hee'eb7. Mort~~gee ahall (dter PsYmeot o[ all oosta and ezpenses inanrred) aPPkY ~uoh reats. i~nes and proats ;
reeeired by it on ths indebtednese seonred hereby in sueh order a~ Mortgagee det~eemines. The ri~6t to eatet aad take posee~swa
a( ssid propeety. W maoag~e aad operate the esma. and Lo oolleet the rente. iasues andpro8ta ttie~eof. whether by a reeeiver oc -
otherwise. ahall ba eumubtivs to aap ~otl?er right or romedy hereunder or asorded by lww. and msy be aueroised ooneurrentt~
therewith or iadepeadm~r tLereof. Mort~~gee s1Wl bs lisbk to aoeount on~* for saob e+enta. irues and prosts ~eWal~ reoeived ;
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eooKl74 ~1397. '
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