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ooiicy o. policies said MORTG/1GEE shall haw tht option to nuiw and ~pp~y tn~ sam~ un accax?t ot th~ Indabndness securcd nenOv o~ N+ ,
pnmit said MORTWIGORS w receiw and ust it a s~y p~rt ththof fw wF+K EIu~pos~~ without the~eby wsiviry w Impsi~int snY ~vu1lY•
lien or ~i~ht unde? or by virtw oF this Mort~ap; snd in th~ ~vM1t ~aid MORTCi/1GORS thill (O• sny tqson fsil to keep ft~s sald P~itos
so inwnd. or faii to deliver p~anptly any of s~id polkie~ of imunno~ to said MORTGAGEE~ or fail promptl~r b paY iully ~+y premium thentor.
w in a~y .espect fail ro perfam. dischute, ~xaut~. ~fhct. aompl~t~. con+ply with ~nd ~bWe by thts cov~nsnt, a anv psn ha?eof, said MORT
GIIGEE er+ay ptace snd pay fa wch inswsna or any put tMhof without v~ivin~ a aff~ctin~ op tion. lie~. ~Ouib. w rteht unds? or b1t
virtue of this Mat~a~e. snd tM full snwunt of wch snd ~wry weh P~Ym~+t sFrll b~ iewnadiste dw and paysbk snd sM+all besr inte~est
from th~ date thereof until paid at tF+~ a» pf and p~, c~nt pa aorwrn snd totetM. with wch interest shall be secu?ed bY ths
lien of this ~twrtsa~. @l~ ~~81I
4. To ps?mit. conwnit o? wfh. no w~t~. ImpaimNnt a d~te~ioration of ~id propsrty o? any put tMnof.
5. It is t+e~eby specifipiIy s~reed tF+~t any wm or sirris wF+ith msy b~ loan~d or advsncsd by ths Mort~a~se to the Mort~aeo? st any
time aftar ths recadi~ of this irdanwro. to~ther with interest tMreo~ st th~ rat~ asned upon at the Nms of wch ban or sdvsnce. shall be
equally secured with and haw the sams p~iority ss ths ori~irrl i~d~bt~drwss, and be wbject to all ths terms and provisions of this mortgage:
P~ovided. that the a~~e~st~ amount of printip~l outstandin~ at ary tlmt:ltall not ~zt~td sn anwunt p~wl to one hundred snd Hfty par cent
(15096) of tha p~incipal snwunt ori~i~ally secut~d F~roby.
6. To pay all and singulsr the costs, tharges and expenses. ir+tkdin~ • nssw~bit a~~y
's fee snd oosts of abstact of Htie in-
curred or paid at a~y time by sa~d MORTGIIGEE because or in the evont of th~ hilurs on thepa rt of the ssid MORTGAGOR to duh. P~~P~N
and fully perform, distharge. exeCUte, effect, ton+plete. tomply with and abid~ by ~ath and every ths stipulations, agroements. tonditions
and coven~~ts of ssid promiuory note arx! this mortgage sny or eithK and said costs. char~es and e~cpenses, csch and every. shafi be
immediately due and payable; whether or not thero be notice. dem~n~. atNmpt to O r+d th~ full smau+t of each ~nd
every wd~ payment shall bear interest from ths dab thereof ur+Nl psid st ths nts o~ d~I~~cantum ps? arr~wn: and all said
costs. cl+~~es snd expenses so inturred or paid. together with suth ~ntrr~st. shdl b~ sewrod by ths Ilen of tNs na~ttat~.
7. That l~ t~ th~ went of sny brwch of this MortQag~ or d~fault an th~ of ths MORTG/1GOR. or (b) in th~ ~vent sny of said
surm of nw~ey herein mfe~red to bs not p.omptly and fully paW within thiry.(30) ~ys next ahar ths s~nN severslly beoome dw snd payabk.
withan denwd or notio~. Or ~C) in fhR evCflt EMh ind evlry thQ SfiDYIifI0flt~ ~ry{~enents. conditions and covensnts of saW promissay nott
snd this mort~age any or either sro nat duly. PranPtly a~d fulh? P~rfonr~ed. disd+s~~d. ex~tuted. effected. oo~ripleted co!nP~ied with and
abided by, tF~an in NtMr or aMr such event, the said sggn`at~ sum ms~tiorwd in s~W Manissory nott then ?enyinins unpsid. wiM ioterest
aocruod. and allmonays seauad hereby. sh~ll b~con~e dw and psya6l~ fo?thwith~ or tM.esfter. st the cpNo~ of ssid MORTGAGEE. ss tulht
and compktely ss if atl of the said sums of ma~ry wero aiginally stipubt~d to b~ p~id on wch day. snythin~ in sald prondsswy rate o~ M
this Mort`a~e to tM contnry not withstandin~; arxi thereupan or ther~aftsr st tM optio~ of said MORTGAGEE. without notio~ a dernand.
wit st law or in ~quity. may be proaecuted as if all monies secursd he~rby hsd maturod prtor to its i~utitutio~.
8. 11nt in th~ went th~t st fhs Mgimir~ of o? at sn~r Nm~ per~i sny wit upan this Mort~s~e, or to foroclo~~ it. w to nfonn
it~ o? to anforo~ payrnent of sny tlsims F~sraunder. ssid MORTGAiGEE shall app~y to th~ Cou~t tnvint iu~isdiction th~reof io? tM appoinm~ar+f
• of a R~otiver. wd~ Court sh~ll forthwith appoint s Raceiver, of ssid mort:apd property all and sin~uls~. ioth~r~ all snd sin~ular tM
incame. Profits. issu~s and reverw,es from whsteve. sai?oe de~iv~ed. ~ch and evsry of whkh, it bNni exp~h undtrstood. is hKeby nari
~a~ed ss if sp~cificslly set forth and described in the gantin~ and I+~bendisn Cl~uses Mroof. and such Receiwt shsll haw all tht brosd and
effecNve funcNans and powea in anywise entnnted by s Court to a R~aiwr. and wth appointment shsll be n~sds by wd+ Court as an
sdmitted equity and a nn~tter of sbsolute ?i~ht to said MORTC.IIGEE, snd without niarano~ to ths ad~qwcy or in~d~q~w.y of tM vak.~ of tM
prope~tY mort~seerd or to the soHency o. insolve~cy of ssid MORTG/uGOR or th~ defa+ds~ts. and that wch nnu. Drofits. 1~oornes. tssws
and rererxws sh~ll bs spplied by wd+ Reoeiver atoor~ng to th~ Uen or puit~r of ssid MORTGAGEE and ths p~tioe of wch Cou~t.
9. Ta duy. w+ar+vthr u+d iu~M verfom+. discha?~e. exeait~. ~fhct. conwkce oompy with and sb~ds by ead~ and ~rery th~ sttpu-
latiaris. +~reements. oonditioe~s md oov~snn in ssid promissory nae and h tNs mortp~ s~c forth.
MORT~G/1GOR. ths MORT~G/?GEE. i wocess s and m~~ Pron+i~s. a+~Y Wrt the~eof. beoomes vested in s person other ttwn tF+~ `
in interest with reference b this mort ""~Y• ~thout ewtia to ths MORTGAGOR, deal with wd~ wooessor or suooenors
~a6e u+d Ms debr 1,ereby secured tn th~ ssme manner as with Mortgs~ witbout tn anyw~? viciatl~ ~
o~ discF~?~in~ th~ Mo~aso~'s IiabiUty Fian~sdK or upon th~ d~bt hu.~bY ssourod. No s~b of the Pramises F+KebY mort~+t~d ~d no fon- ~
bearanoe on the put of ths MORTGAGEE cr its wCOSSSOrs or ~assi~ns snd no ~ttension of ths Nms fo? the payrrient of th~ debt hsreby secund [
given by the MORT(',11('•EE or its successors or mi~ns, shsll opente to ?ebase. ~schtr~e, nwdify. d~r~ or ~fhtt the ori~insl Ilability of
the MORTG/1CAR Mrein. eitFie? in wFals or in ps~t -
' i l. It is apetiflully s~rt~d thst tinr is of tfis ~ of this oontrstf and that no vwiver or any abliption l~utundsr Or of th~
obl~Qation s~wrod hereby shall st sny tien~ the~aftu b~ h~W to b~ a wsiwr of tM tem~s hereof or of the instnAnM+t s~wrsd I+~reby.
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Sesied ~nd ddtv~sd in pr~t~ of:
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COUNTY OF'--'_________-- _ f
8etoro m~ P~~~Y ~PW~rb snd
t~is wife. to nr well known. sn awn to me to be ths i~vidwb desuibed in
and wFa euepited the tore~oir~ i t, and acknovvledQsd bsfore me that tF~ey executed me for the quposes tlierein exprossed.
WITNESS ard officlal sesl this___ __dsy of_~ D. 19______.
Notsry Pubik (n and for the Stste of Fbrida at Lar~e.
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