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Home My WebLink About0916 TOGETHER ~~'ITH all ~nd singular the tenemcnts, heredita~ncnts and appurten.~nces therrunto lxlongin~ or in an~•wisr thcreunto appe~taininq and the ~cnts, iuu~s and pro(its thereo(, and also all the est~te, right, title, interest and all claim :+nd dcur.?~d whatsocve~, as well in law ;u in equity, o( the said ~lortg.iRor in and to the same, including but not limitecl to: (a) AU ~enu, pro(its, rc~~enucs, royaltia, rights and benefits d~rivecl trom ( i) crops grow•n on said security and p~ociuce of th~ soil oth~rwise oil, gas or min~ral leases o( the premises or any part thcreof, now existing or hereina[te~ made, and ( 3) all othe~ rents, issues and profits of the premises t~om time to time accruing, whelher unde~ l~ases or tenancies now existinS or here~(ter created; in each such cax with the right in the \tortgagee, but o~ly at its option, to ~eceive and reccipt there(or :?nd to apply the same as it may elect to a~y ind~btedness sccurcd hcreby, and the Afortgagec, at its opeion, may elemand, suc tnr and ~eco~•rt any such payments, resen~ing to the lfortgagor, }lOWfYC~, so long as said Atortgagor is not in de~fault hereunde~, the 4 right to receive arx~ retain sucfi rents, issues a~d profits. {b) All judgmcnts. awar~ls o( damagrs and settlements hereafter made :?s a ~esult of or i~ licu o( any takinq o( the , premises or any part thercof undcr the power o( emirt~nt domain, or for :+ny damage (whether c.?usccl by S~1fI1 WL'11ig O~ OtI1CfWlSP) to the premises or tho in~pro~•ements thereon or any part thercrof; such part of any such judgmrnt, award or s~tdc•ment. as the ~tortgagce may elert to tx applicd to the indebtetlness hereby securcd and the balance thereof, i( any, to be rescr~•~d to lIl!' party or partics oth~ravisr cntid~-c1 thcrrto. TO ll:~t'E A\D TO }IOI.D the above granteci artd drscril~l pr~mises to the said \tortgagee, its sucressors and aui~ns, (ore~~er, and the said \tortgigor docs h~reby [ully warrant the title to said land, and will defcn~l thr s:~me a~ainst the l.i~v(ul ~~laims o( al) pcrsons whon~soc~•er, provid~d atways that i( \tortqagor sha11 pay to NtortQage~ that certain promissory note abo~•e drscrib~ei and shal! per(orm a!! other cor~nants and conditions of said promissory note. and o[ an~ renewal, extension or mocli- iication thercoi, and of this mortgage, thcn this mortqaee and ih~ estate hcreby creatcd shall ce:u~ aad be nuD and void. 111ortgagor (urth~r cov~nants and agr~rs Nith \lortgaecc as (oUows: 1. To pay aU su~ns includinq interest secured hereb~• ~vhen due, as pro~•ided for in said promissory note and any ren~wal. exteruion or mod~(ication thereof and i~ this mortgage, aU such sums to be payabl~ in law[ul mon~y of th~ United States of _\m~rica at ~tortgaRCC's aforesaid principal office, or at such oth~r place as RiortgagcY may desiqnat~ in writing_ 2. To pay when dur, and without rrquirin¢ any noticr [rom ~1lortgag~e, ai) taxes, asscssments o( any typr or nature and othrr charqcs !e~•eeY1 or isseuMl ~gainst the premis~s hemb~• encumberecl or any interest oi \tortqage thercin. To immrdiat~h• pap and discharce any cl:?im, li~n or encumbran~e a¢~inst such premises which may be or lxcome superior to this mortgage a~d to permit no de[ault or delinquency on anp other lien, ~ncumbrance or charg~ aqainst such premises. 3. If requirecl b~• ~1ort¢:+cee, to ilso ma!cc monthly deposits with Ytortgaqee, in a non-intere~st bearing account, toeeth~r ~vith and in addition to intcrest and principil, of a sum n~u:~l to on~-tw~lfth of the yearly taxes and assessments whi~h m~y be kcied a¢ainst the premises, and !it so rrquirn!) one-twrlfth of the re:?rly premiwns (or insurance th~reon. Th~ a~notmt o( such taxes, asscssments and premiums, when unknown, shall ~ estin~atrd by !ltortgagee. Such deposits shall be used by ~fortga¢re to pay such t:~~es, assessments and premiums Nhen due. :1ny insuf(iciency of such accou~t to paq sucF~ charges whe~ due shall be paiJ by \fortgacor to itort¢a¢ee on dcmand. If, L~ rcason of any cl~(ault b~ Mortgaqor under any proti~isioo of this mort- Qag~, :ltorig~~ee drelares all se~ms serured herrbs to be due and payable, \tortqaqee may then apply any funds in said account against th~ entire ind~btafneu secured h~reby. The ~nforceability of th~ co~•rnants rclating to taxes, assestments and insuranc~ premiums herein othe~~cise pro~~ided shall not be affected ex~ept in so far as those obliqauons ha~•e bern met by rornptiance Hith this paraqraph. :lfortca~ee may from time to UII1C at its option N'dtt'C. dfl(I aRtr any such wai~•er reinstate, any or all pro~•isions hercof rt~uiring su~h d~posits, by notic~ to \~ortg:?qor in writinG. ~~hile any such'waiver is in ef(ect ~lortgagor shall pa~ t~~~s, assessments and insurance premiunu as herein elsnvhere pro~ ided. 4. To pay all t.~x~s. stamp tax or other char¢e which may br ass~ssed upon this morteaee, or said not~, or indrbtedness sernrecl hcrcb}•, without rcKard to any law, Fcdcral or State, herctofore or hereafter enactcd, imposinq paymcnt of al! or any pirt thPreof u~n ~tortz.icee. In ~~•ent of enactment of an~• law imposing payment of all or any portion of any such ta?ces upon ~fort,qa¢e•e, or the renderinC bv any court o[ last resort o( a decision that the undertahinq by ~fortgagor, as herein pro~•ided, to pay such tax or taxes is 1eGally inoperatire, then, unless ~iortqa¢o~ ne~•~rtheless pa~s such taxes, all sums hercby secured, without any dnluction. shall at the option of ~tortgagee brcome immecliately due and papabl~, notwithstanding anything contained herein or any law hcreto[ore or h~•rcaRer ~nactcd. S. To kcep the premiscs ensurcd against lou or damaqe by fir~, windstorm or extended coverag~ and such other hazards as may be requirrd by ~fortcacre, in form and amounts satisiactory• to, and in insurance companies appro~~ed by ~lortgagee, and with icreptat~le motteaqee loss pa~abl~ clauses attached. Such policia, together with such abstracts and oth~r tiHe ~~•idence as may be rryuireci by ?~1ort¢agee, shall be~ d~lia•~rec! to and held by Aiortgagee without liability. Upon foreclosure of this mortgag~ or othrr acquisition o[ th~ premises or any part thereof by I?fortga_qee, said policies, abstracts and tide e~•idence shaU become thr absolute propertti of ~iortca¢ee. - 6. To fint obt:~in the written cons~nt of I?iortqag~e, such consent to be granted or withheld at the sole discretion of such ~tort¢acce. }Nforc (a1 remo~•ing or demolishing any building now or her~aRer erected on the premises, (b) altcring the arran¢e- mcnt, d~si¢n or structuril character thereof, (c) maicing any rcpain which imroi~•e the remo~•al of structural parts or the ex~sure of th~ intcrior of such buiidin¢ to the elem~nts. or (d) eacept tor domestic purposes, cutting or remo~-ing or pcrmittine thr ~uttin¢ and remo?al of any tr~~s or timber on the prcmises. 7. Tn maintain premisrs in ¢ood condition and r~pair. including but not limited to the matinq of s~lch repairs as ~lortqag~~ m~v (rom timr m time determin~ to bc necessary• for the pres~rvation of the premises and to not commit nor permit any waste thereof. 8. To compl~ with all laws, ordinances, requlations, covenants, conditions and testrictions affecting the premius, and not to suffcr or permit any ~•iolation thercrof. 9. If ~iorteascor fails to pay am claim, li~n or encumbrance which is superior to this mortqage, or, when due, any tax or azc~-ssment or insurance premium, br to keep the pr~misrs in repair, or sha11 commit or permit waste. or if the:e be comm~nctd .an}• 3~tion or procccdin¢ aff~rtin.q thr prrmiscs or the tide thereto, then Mortqaqcc, at its option, may p~y said claim, lic~, encum- brancr. ta~, assessm~nt or premium, with ~ight o( subrogation thereund~r, may make such repain and take such st~ps as it dcems :+d~isabli• to pm•ent or cure such waste, and may appear in any wch action or proceeding and retain rounsel th~r~in, and tak~ uirh action therein :u \fortgag~e d~rms ad~•isable, and for any of said purpos~s liortga,q~e may ad~•ance su~h sunu of mon~y. in~ lndin¢ all costs. fers and other it~ms of expense as it deenu nec~ssary•. !ltortqaqee shall be the sole judg~ of the leqality, calidity and priurity of an~• such claim. li~n, encumbrance. t:?x, auessment and premium, and of th~ amount necescary to b~ p:~id in satisfa~tion there~f. :~iortgagee shail not be held accountabl~ for any delay in m~kinq any such pavm~nt, which d~lay may ? rrsult in any addition~l int~rest, cost, charges or ~xpenst othe~vis~. ~ ln. ~tortea¢or will pay to !lfortga4~~, imm~diateiy and without dcmartd, all sums of mon~y adti•an~ei! by ~fortq:~4c~ purs~z- ~ :+rct to this mortea¢r. ~oeeth~r with interest on ~1f}I such ad~~anc~ment at the rate of ten per cent. ( lOr'~ ! per annum, and all ~ .u: h sums and intcrest th~rcon shall bt ucured hereby. s 11. .VI sums o( moncy sccured hercby sha11 br pa~-able without any reli~f whate~•~r trom any valuation or appraiscm~nt Iaw3. 1?. If d~f.~ult tx~ made in paa•mcnt of any instalment o( principal or inttrest o( said not~ or. ~4t thereof wh~n du~, or in pi~~ment, when due o( any oth~r sum secured her~by, or in ptrformance of any of Aiortqagor's ob(iqations, covenants or dKfrrinfptS h~reund~r, al) o( th~~ ind~bt~dness securtd hereby shall brcom~ and b~ IRlIIlfdtd~fl)' (~U~ and payable ai th~ optiun of liort~aq«, without notice or demand whirh art her~by eaprruly waieed, in which evrnt ~iortqaqe~ may a~•ai) itself of all rights ~nd remedi~s. at law or in equity, a~d this mortgage may be foreclosed with all riqhu and nmedics af(orded by the laws of Florida and ~tortgagor shaU pay all costs, chazgp and expenxs therro(, induding a r~asonab(~ attorney's fec. ~Jll ~ ~ ~r ~ _ - ~ ` ~ Y~~a,.Y` ~ ~ ~ ~ ~ ~e .;t r~~'~''~.. r - . _ ~~>~~~0E-~`"r1. . _ . . ~