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This mortgage is madt, howe~•er, subjcrt ro the following co~-rnants, conditions and agreemtnts:
FIRST; That the mortgagor herebp agrees and c~~venants to ~ay the interest and principa) heteby scrurtd promptly
whcn due and if default be made in any part thereof, or in the payment of any oth~r monia hcrebp secured, thrn the
same shaH, aithout dcmind if mortgagee sha{I elat, bccome duc an~ payible at onie and the mortgage may be forecloxd
?n che manner pcovided b~ Iaw. ~
SECOND: That tht mortgagor agrees to p:y as the same bccome du~ and pa~•able all taxa, uscssmrnts, and othcc
clurges imposed by law (including ditch, unal, resenvir, or other w•ater chuges, taxes, or auessmrnts) upon said
pran~ses or any part thereaf encluding the mortgagee's interest therein and upcx~ this mortRage oc the note or indebte~dncss
sc+curtd h~ccby, provided thu should the amounts paid for the murtgsgee undec this paraguph for such taxa, uxssrtxnts
and othtr charga togethrr with the interest c~n the indebicdness rxteed the hi~hest interest rat< ~<mitted b~• lav~~ on the
indebtedness then owing, mortgagor shill not b~ l~ible to pa~- any of such excas o.~er the highest lawfu) rate. In the e~•cnt
of the passage, after the dit~ hererf, of any law• by the State of Flor~da, deducting frcxn the ~•alue of (and for th~ ~urpose
of laxation any tirn therton oc changin~ in any wa~ thc exishnR taa•s for thc taxation of mortgagcs or dtbts stcurtd by mnrt-
Rage for state or lotil pur~ ses, or the manner ~f the collectian oI ~n~• such taxes, x~ as to atiect this mortgaRe, the holdec of
= this mortgage and of the debt w•hich it secures, shall have the nght to gi~~~ six ( 6) mnnths' w•ntten not~ce to the ow•ner of said
F land requ~n~g thep~ ~~rnrnt of the entirt indebtedness seruced hereby, ind it is hereby aRrcrd that if such notice be g~~~en the
" uid in~ebtedness shall become due, and coltatible at tht txp~ration of uid six (6) months.
THiRD: That the mortgagor agrees ro~ay~ a!1 oeher debts that ~re now~ or may txrome liens u~n or charRec aRa~nst
' ~Said premises, :u~d not to ~+trmit an~ lien of an? kind to accrue and remain on said premises, or the impro.•ements therrnn,
„ which might take praedence o.er the lien of this mortgage. The mortgaRor fnrther agrees ~ot to create an}' lien an said
a premists ~unior hereto unkss the person entitled to the benefits thereof shati hace iRreed that the time for thc pa}~ment of
the ir.debtedness hereby secured ind the mann~r and amcwnt ofp~ yment th~teof ~nd the benefits of the securih• af~orded
t h~reby may, without canxnt of such person and without an~ obligation to Ri~•c notice of an~• kind thercto, be extcnded,
r' ree~ctrnded, ucelented, susprnded and refunded on any terms whatxx.•er w~thout ~n any manner atTecting the pnonty
_ of the lirn hereby created u sec~rity for the payment of the mdebtcdn~ss secured hereby or an}' obligatiun substituted -
therefor or issued to tefund urrx.
3 FOURTH: That the mortgagor agrees to keep uid premises and imprrn~ements thereon in Rood condition and repair '
~ and not to commit or sufier wute thereof; to operat~ ail lands, whether im~+m~e-d pastures, orchitds, gr~zinR, hmber, or
_ ctop lands, in a good and husbandm~like manner in icc~rdan.e w•ith urepte.! principles of xwnd agricultural and forestrti~
~+rutices; to take ait reuonabk precautions to controt w~nd and w~ate~ eros~un: t~ fcrtilixe ~mpro?ed p,utures, if an}'. where
_ ntrasary to rruinta~n a good st~nd of desirable grasses: to ~+rotert orchards ar.d timber, if anJ•, b}• reax,n~ble precautionc
= agiuut loss or damage bj fire indudinR the maintenance of a~propnate fire hrcaks; and neither M rcmove nor ~ermit the
- rerrx~~•~I of any timbet, buildings, oil, gu, m~neral, stone, rocl:, cla~. fert~Gzer, Rravel or top soii without the ~rior wr~ttrn
_ consent of the moctgagee_ T~e mortgigee shall ha~e the right to ins~ect the murtR3Red ~ropert~ it such reasonable times
j and intrnals u the mortgagee may desire, to determine the mortRagor's comrliance a•ith the co~•enants contained in an~~
clause of this mortgage-
_ FIFTH: T~at the mortgaRor aRrees to procure. ma~ntain and deli~•er, premiums paid, t« the mortgaRee ~+c~licia of
_ insuranct ~gainst such hazards on the buildinRs n~~w• ar hrreaFter i~Kated ~~n ~aid premsces as the m~~rt~aRee ma~- frum time
ta timt tequire, in such compania and en suth dmuunt an~! form and w~th suih I~~:s ~~yahle clauses as shaN Ex satisfu-
~ torp to the mortRiRee. The mortRaRet is authorited to assiRn and d~li~•er said ~I~i~es t~ am• purchaser ~f this rrH~rtgaRe or
= to the purchsset of said premises at any foreclusure sile. In e.~ent of loss the m~rt~rRee is expressh• wthorized and em-
_ powered to settle or compromise claims under sa~d puGc:es, and the pr.xeeds EfIKII 53!(i ~OIICIfS dS R'CII 15 an~~ other policia
-i3 procured bf the tnortgagar shal! be paid to the mortRaRee w•ho ~t ~ts s~~le d~xrction may~ a~~ly same or iny pirt thermf on -
account of the indebtedness serured hereb~• w•he:her or nc~t then due and ~a~able, ~~r ma~• ap~.l~• the same or .~n~• part thertc~f
_ t~wards the zltetation, reconstructian or re~air of said buildinqs. cither tn the ~urn~m damaRed ~r any ~~ther ~,rtinn therrn(,
_ ot rekase same to the mort~aRor. Sach a~~l~cati~~n ~r retease shiN nut cure ~~r R,i7cC 3(lti' ilefault ur n~>ti<e ~f default h~re-
4; under or inralidat~ any ad done ~ursu~nt to such rn~uce
SIXTH: Thaf in the e~~ent the rrwrt a~~r shall fiil t~~ r~xure, ma~ntain and del~.~er the insurance ~~licies,
g !Z F prem~ums
= prepaid, or to pi~, as the sune hec~,me due and pa~•abfe, am• tax or assr«ment im~~scd b~~ law~ uMm sa~d nremises ~r anp
paet thercof, or the note, ar indeMctiiness seiured hercfiti, ur to Pa~~ ~nv hen, cla~m ~r char~e ~Ramst wch premises w~hich
miRht take prtttdenc~ o~~r the lien of this murtRaRe ~r t~~ cnm~ly with the ~ro~isi~~n~ ~~f para~raph Fcwnh here~~f, the
m~rtR~Rer rruv, withewt n~tice ~r demand. inaure am ~~f the huil.iin~;~ aml ~a~• the c~~~t uf such ~nsuranie and pa~• an~• ~f
= uid taxes, ustssments. l~ens. cla~mc and charRrs ~~r 1m• Fart therh~f, ~~r rrdeem fmm the sele ~f said t~remises for zn}'
tixes or issessmtnts (~rreRularihes in th~ Ic~•~ ~r im~xtisiti~n ~f an~- tax nr isx-.sment heinR ex~ressi}' a•a~~•ed), ~r redctm
= (rcxn tht siie of stid prem~ses resultrnR frnm tht ent+>rcemeni «f am• such lien cl.i~m ~r {h.~r¢e. ~r expend wch sums as
mac be nccesvn~ to c~~rrat the failure ~f the m~~rtqaRur t~ c~,m~.lr w•ith ihe pm.is~~~ns ~,f siid paraFriph Fourth. and the
_ m~rtRaRor hereby iRrees immediateh• to repa~• t~ the m~rtR~¢ec. w,th~~ut a~t~re ~c demand. am sum~ so naid with interest
thereon at the ume rate u specifitd ~n the note secured hereb~• c~n the pnnriral th~re~~f after defiult and maturih~, and al!
- sums paid b~~ the mortRaRee a~eth i~terest shal! Ext~~me a ~irt ~~f th indebte.~nets serured h~rc~bv. and in defauh of
_ immediite repa~-ment therrnf b~ the mort~qaRor the wh~~lc ~ndehtedness ~red hcrrh~ shall at the option of the mortRiRee
- hec~me due and pati•able f~rthw~th w~~thout notice
_ SEV~MI~~ Thit in th~ e~e~t the m~~rtRaR~,r setls ~~r c~me~•s said ~+rem~ses. ~r any F•om„n thera~f, or, if tht
mortRaRor is a cor~ration. selis, trades ~,r dis~ses ~~f m~re thin 50 c~f ~ts cor~rat~ stock tc? penons cuher than
~ the present oa•ncrs, the~r heirs and yual~hed dirat~~rs ~+r;,~r t~~ the time the ~ndetxedncss sccurcd hereb~- chall ha.•e been
reduced to =.Q...OQ._.... ,{}~n, it tht o~tion ~~f tfie mortgaRct. che cn!ire said in:~ctxedness shall become dut and ptyable.
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EIGN7N: That thc mortRaRor aRtcti~s t~~ pay on demind .~11 expcnse~ and attorne}'s' fees inturred by the mortgigee by ;
rcason of (itiRation or IeRal ~r~?ceed~nRs ~n wh~ch the m~~rt~a~ee ~s madc a part}• t~ prc,tat the lien of this mortgage and
all monrys so paid b~ th~ m~rt~a~ee. in~(u~i~R am~ ~xF.ense incurred in prac-urinR or continuing abstracts of title and titk
- policies znd searching tht retords f~r the pur~xnes ~F such l,t,~at,~>n, shall beir interest zt tht same r~tt u specificd in tht
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