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Home My WebLink About0230 TOt;FTHER \~'1TIl :~N and singular thr trn~•~nrnts, here~dit:inrcnu and appurter~.u~~es thr~~•unto belongin~ or in .~ny~vise Ihrteunto appcrtaininQ and thr rr~ts, iuu~s aud profits thereo(, and also aU thr estatc. right, titlr, intr~est and all claim and dcmand whatsoe~•er, as well in law as in cquit~•, of the said \lortcagor in and to thc samc, including but not limited to: (a) All rents, profits, rerrnurs, n~yalties, ~i~hts :~nd benefits drri~•ei! (rom (1) crops grow~n on said s~curity :?nd prcxluce uf the wil uther~vise (2) oil, Qas or mincral lcases o( the premisrs ur :~ny part thereof, aow existinq or hereinalti•r madc, and (3) all other rents, issue~s and ~~rofits of the prrmiscs from time to time accruing, whet}ter under Irases or tenancies nuw existing or hercaftcr creztcd; in e:ich w~h case with the right in thc \tort~.?gcc, but only at its option, to reYCia•c and r~ccipt thcrr(or and to apply the same as it may clcct to any indebtcdncss sccun•d hercby, and thc Alortgagrc, :?t its optiun, ?nay drm:~nd, sur for and recovcr :my such pay~ncnts, rescning to thc \torteagor, howr~•er, so lung ~s said \tortQaeur is not in d~•faidt hcrc~~nde~, thc ri~ht to recci~•r and ret:~in such rcnts, iasucs and pro(its. - (b) :~Il judgments, a~vards of d:unaKes arid s~ulcments hen:~ftrr maJe as 1 rrsult or in licu of :u~y takinK of the preu~iscx ot any part thcreof utider the power of emit~ent clom:?in, or for ~ny d~m:?~e (Hhethar cause•d b~• such ta.l-ine or othen~•iscl to thr prcmises or the impro~•ements thereon or any part th~~nw(; such part o[ any such judgment, a~v.?rd or settle~nent, as the~ ~tort~agee m:~y~ elcct to be ~pplied to the indebtcrlness he~eb~ secured and the balance thereof, if :~oy, to be resen•n1 to tl~e party or p:trties othcr~vise entitl~Y1 the~~to. , TO fiA\'E :~\D TO IIOIA the abo~~e g~antcd and dcs~ rib~•d premises to thc said \tortc~S~~, its successors and assicns, furcccr, anc! thc said Atorteacor docs hercby fully ~c:~rrant thc tide to said lanel, and wiU drfcn~l th~ samc :~c:~~nst thc la~vful cl:iims of all persoiis ~vhou~soecrr- pro~•ided ahvays th:?t i( \tortG:icur sh:ill pay to \fortc~Qee that certain pranissory note above describcd and shall pcr(onn all o~hrr co~•cnants :md conditians o[ s.~id promiswry notc, ~nd of any rcnc~val. cxtcnsion or modi- fication thercof, and of this mortG:?qe, thcn this morteace and the est:itc hcreby crcatecl shall cease and be mill and eoid. Atort~:igor furthcr covcn~nts and aerccs NIIFI ~t0(L,Q.IC~C as follows: 1. To pay all sums includin~ interest securaYi her~by ~vhcn due, as pro~•idcd for in said promissory note and any rcncwal, ~xtension or ~nocl~fi~~ation thereo( :?nd in this mortga~e, all such sunu to be payable in 1:?Hful money o[ the L'nited States of :~merica at Alort¢a¢ee's aforesaid pri~cipal office, or at sueh uth~r pl:u~ as ~tortgagee may design:?te in writing. 2. To pay whcn duc, and without rrquirinq any noticc from \tortgaGee, all tases, assessnrents of any tppe or natur~ and other charces le~~ird or asscucel ac~+inst thc prcmixcs hcrcb~• encumbcrcd or any interest of \tortcage thcrein. To imm~diatcly p~y and discharce an~• claim, lirn or ~ncumbrincr :1L'81115I such premises which may be or hecome superior to this mortgage and to permit no de(ault or delinqu~n~ y on any oth~•r li~•n, rncwnbr~nce or charqe aeainst such premises. 3. If required b~• ~lortc~Cee, to aho nrt.l-r mouthly de~x~sits Nith \tortqagcc, in a non-interest bc:vine account, to¢ether ~vith and in addition to interest and pr~ncipiL of a s~nn n~ir.~l to one-twelfth of the yearly taxes and asscssments which may be Ie~~iec1 aGainst the premises, and (if so requirecl) one-t~.•~•1[th of th~ ~•early premiums for insurance th~reon. The :?mount oI such taxrs, assessments and pre~niums, wh~n unknown, shall be estimat~Yl by \fortcaqce. Such deposits shall be useci Ly ~iortsacer to pay such taxes. assesssnents :?nd premiums M'~ICIt due. Any insufficien~~• of such account to pay such eharqes when dae shall be paid by \[orte~cor to \tortgaeee on demand. If. b~ re~um of any di•L~ult by Jlortgaqor under any pm~•ision of this mort- cagc, ~tortea,e~ d~clares all sums secured hereby to be due and paa•able, :11ort,qaGee may then apply any funds in said account acainst the entirc inelebtedne•ss securni hereby. The enforceability o( the co~•enants rclatin¢ to taxes, ass~ssments and insutance premiums herein other.vise procid~d sh:ill not Ix• affected fXfC~( in so (ar as those obliqations ha~•e been met by fOifl~)L:1(IfC ~+ith this para¢raph. \loricagee inay from time to time at its option wai~~e, and after any such wai~•cr reinstate, any or all provisions hrrco[ rcquiring su~ h dc~sits, by notice to !11ort¢agnr in writine. ~~'hilc any such wai~•cr is in cffcct ~lortqaqor shall pay taxcc, asseumenu and insurance premiums as herein elsewhere pro~~idcYl. 4. To pay all taxcs, stamp taa or othcr charge hhich ma~ be assess~d upon this ~nortcage, or said ~ote, or indcbte~lness srcurec3 h:•reb}•, a~ithout reGird to an~ law, Federal or State, hereto(ore or h~reafter enacted, imposinG p~yment of a0 or an}• part th~re~f u~n \forteaece. In c~~cnt of enactment of any law imposing payment of all or any portion of any such taxes upon \tort¢a¢re, or the rcnderinc by am• court of last resort of a decision that the undertaking by \tortqagor, as herein pro~•idecl, to pay such taa or taxes is le~~lly inopenti~•e, then, unless \Iort¢a~or ne~~ertheleu pa~•s such taxes, all sums h~reby secured, without :~nq deduction, shall at the option af \tortGagee become immediately due and pxyable, notwithstanding anything containecl herein or any I~w heretofore or t~erFaft~r ~nicteci. " ~ 5. To lceep the premisrs insured against lou or damage by [ir~, windstorm or Pxtendec! co~•erage and sueh other hazards as G maa• be requircd U}• \forte~~cr. in form and amounts satisfactory to, and in insurance companits appro~•ed by Jiortgagee, and with I ; acceptable mortea¢ee loss p:t~~ble clauses attached. Such policies, together with such abstracts and othet tide e~•idrn~e as may ( }N re~quirecl by ~fortc:?c~~, sha11 be delic~recl to and held by Mortgagee without liability. Upon foreclrxure o[ this mortgaqe or ~ othrr acqu~s~tion of the prein~ses or any part thereo( by I1lortgagee, said policies, abstracts and tide e~•idence stiall become th~ ~ absolute properh• of ~tort¢aeee. ~ fi. To fint obtain the written consent of :~tort¢acee, such consent to be granted or withheld at the sole discretion o( such \tortc:~c~e. FNfore (al r~mo~•ing or demolishin¢ any buildinq now or hereaRer erected on the prem~ses, (b) altering the arran¢e- mcnt, dcsi¢n or stnictural charactcr thcrcof. (c) making any repairs which im•ol~•c th~ remo~•al of structural parts or thc e~posure o! the interior of such buildinq to the elements. or (d) ~xcept for domestic purpc~ses, cutting or mmo~~inq or permittine the cuttine and remocal of any trces or timber on the premises. 7. To maintain premises in ¢ood condition and repair. including but not limitecl to the makinq of such repairs as 9lortgagee ma~ (rom tim~ to time detennine to be nccessary for the preservation of the premises and to not commit nor permit any ~vaste thereof_ 8. To comply with ~II la~vs, ordinanees, re~ulations, cocenants, conditions and r~strictions a[fecting the premisrs, and not ~ to su(fer or permit any ~-iolation thercof. ~ 9. If !11ort¢aeor lails to pa~ any claim, lien or encumbrance which is superior to this mort¢age, or. when due, any tax or ascessmrnt or msuranc~ premium, or to kcep the prrmises in repair, or shall comm~t or per~nit waste, or if there be commencal .~ny action or proceedin¢ affectin¢ the premius or the tide thereto, then Mortqaqee, at its option, may pay said claim, lien, encum- brancF, tax, assessm~•nt or premium, with right of subrogation thereunder, may iuake such r~pairs and take such ste~n :?s it deems :~dcis~ble to pre~~ent or cure such waste, and may appear in any such action or proceeding ar~d retain couns~l therein, and take surh artion therein :u ~fortga~ee deems ad~•isable, and for any of said purposes 14fortgagee may ad~•ance such sunu of money, ~ includinX all costs, fees and other items of exper~se as it deems necessary. :ltortqaqee shaU be the sole judg~ of the legality, calidiry and priority o( any such claim, lien, encumbrance, tax, assessment and premium, and of the amount necessary to be paid ~ in satisfirtion ihenr(. J{ortq~gee shall not be held accountable for any delay in makinq any such payment, which delay m~y ~ result in anp additiona) int~rest, rost, char¢es or expense otherwis~. ~ 1~1. ~Sortca¢or wilt pay to \fortqagee, immediately and without d~mand, all sums of mone~ ada•anced by \tortSacc~ pursu- a:~t to this mortga¢~, tukether with interest on each such ada•anc~ment at the rate o( ten per cent. (10~'r ) prr annum, and all surh sinns ancl interest thereon shall be securecl hereby. 11. :1ll sums of money securec! hereby shall be pa~•able without any relief whate~•er from any ~•aluation or appraisement )aws. ~ 12. If default be made in payment o( any instalment of principa) or interest o[ said note or any part therco( when due, or ~ in p~yment, when due of any othtr sum secured h~reby, or in per(ormance of any of tiortgagor's obliqations, co~•enants or a¢recments hercunder, all of the indebtedneu secured hereby shall become and be immediately due and payable at the option of Ltortg~¢ee, without notice or demand which are h~reby expreuly waived, in which «~ent ~iortqagee may a~•ail it.ulf of all ri¢hts and remedics, at law or in equity, and this mortqage may be forecloscd with all riqhts and rcmedies a(forded by thr laws of Florida and ~iortgagor shall pay all cosu, charges and expenses thereo(, including a reasonable attorney's fec. ~ ~LRx~V't P~Gi ~ ~ ~ ~ - ' ~ ~ _ _ _ ad ~