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against Mortgagee upor, tnis mortgage or the debt secured wtiereby~ or upon its
interest under this mortgage. p~ovided nowever~ that the totai amount so paid for
~ any such taxes pursuant to this paragraph to9ether with the inte~est payable on
said indebtedness shall not exceed the highest lawful rate of interest in Ftorida
and provided further that in the event of the passage of any such law or regulation
tne entire indebtedness secured by this mortgage shall thereupon become immediately
due and payable at the option of Mortgagee.
5. To keep the premises insured against loss or damage by fire. windsto~m
and such ott:er nazards as may be requi~ed by Mo~tgagee. in fo~m and amounts satis-
factory to. and in insurance companies approved by Mortgagee. the policies for which
insurance snall be payable to Ntortgagee. Such policies, and abstracts and oi'ner
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tit~~e evidence, snall be delivered to and held by Mortgagee. Upon foreclosure of
tnis mortgage or other acGuisition of the premises or any part thereof by Mortgagee.
said policies. abstracts and title evidence shall become the absoluie property of
Mortgagee.
o. To first ohtain the written consent of Mortgagee. such consent to be
granted or wit~?held at ttie sole discretion of such Mortgagee. before (a) removing or
denolishing any buil~ing now or nereafter erected on the premises. (6) altering the
; arrangerient, design or structural character thereof. (c) making any repairs which
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i invo4ve the resr.oval of structural parts or the exposure of the interior of such ~
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€ building to tne elements, or (d) excep: for do.mestic purposes. cutting or removing ~
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i or permitting t~e cutting and re:noval of any trees or timber on the premises. ~
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~ 7. To maintain premises in good condition and repair~ including but not ~
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; limited to tne makirg of such repairs as Mortgagee may fro~~n time to time determine
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~ to be necessary for the preservation of the premises and to not commit nor permit
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~ any waste tnereof.
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m fi. To conply with all laws~ ordiRances. regulations. covenants. conditions
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~ and ~estrictions affectine, the premises. and not to suffer or permit a~y violation
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~ t:,ereof.
li ,`!ortgagor fails to pay any claim. lien or encumbrance which is
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r~. s~~ericr to :nis mortgage. or. wnen due~ any tax or assessment or insurance premium,
or ;c keep tne pre:~ises in repair. or sna11 cc.r,~.nit or permit waste~ or if there be
ri cc-~:encec ar.y actia~ or aroceeding affecting the premises or the Litle tnereto. in-
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