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TOGETNER WITH all and :ingula~ the tenements, hereditaments and appurtenances the~cunto belongi~g or in a~ywise
thertunto appertaining at?d the re~u, iuun and protits thereo[, and also all the estate, right, title, interat and aU claim and
d~mand whpuoeve~, at wep in l:.w as in equity, o[ the said !~tortgagor in and to the same, induding but not limited to:
(a) AU ~ents, profits, revenua, royalties, rights and bene(its derived (rom (1) crops grown on said security and produce
o( the soi) othtrwix (2) oil, gas or mineral leases ot the premises or any part thereof, now existing or hereinatte~ madr, and
(3) all other rents, issua and pro(iu ot the premim (rom time to time accruing, whe~her uadt~ ]eases or tenancies now existing
or herea[te~ _creatod; in each such case with the right in the I~iortgagee, but only at its option, to recei~•e and receipt there[or
and to app[y the same as it may elect to any indebtedness secured hereby, and !he I?Zor~gager, at its option, may demand, sue tor
and reco~•er any such p ~~ser~~ing to the Mortgagor, however, so long as said I?Zortgagor is not in de(ault he~eundcr, thc
right to reccive and re~ nts, iuun and protits.
(b) All judqments, a~+ards of damag~s and settlements hereafter made as a result o( or in licu of any taking of the
premises or any part thercot under the power o( eminent domain, or (or any damage (whether caused by such talcing or atherwise)
to the prcmiscs or the impro~•ements therron or any part thereo(; surh part of any such judgmrnt, award or settlement, as the
ll~ortgagee may ~lect to be applied to the indebtedness hereby secured and the balance thereof, it any, to be reserved to the
puty or parties otherwise cntitlrcf ther~to.
TO IiA~'E A'~D TO tIOI.D the abo~•e granted and describecl premises to the said 1lfortgagee, its successors and assiens,
forc~•er, and the said Mortgagor does hereby fully warrant the title to said land, anc! wiil defend the same sqa!nst the lawf~il
ciaims of aQ peraons whomsoet•er, prorided always that ii I~~ortgagor shal! pay to atortgagee that certain promissory note abo~•e
described and shall perEorm a)1 other covenants and conditions o[ said promissory note, and of any ~enewal, extension or modi-
fication thereof, and oi this mortgage, then this mortgage and the estat~ hereby created shall cease and be null and void.
Mortgagor further co~•enanu and agrcrs with 1liortgagee as follows:
1. To pay all sums including interest secund hereb> when due, as pro~•ided for in said promiasory• note and any renewal,
cxtension or moeiitication thereof and in this mortgagq all such sunu to be payable in lawtul money of the United States o(
America at 1liortgag~e's a(or~said priocipal affice, or at such other place as I~fortgagee may designate in writing.
2. To pay wh~n due, and withoat requiring a~y notice from hiortgagee, all taxes, assessments of any type or naturc
and other chargrs Ie~•ied ot ass~ued against the premises hereby encumberecl or any interest o( ~iortgage therein. To immediately
pay and discharee any claim, lien or encumbrance a¢ainst such premises which may be or becom~ superior to this mortgage and
to }xrmit ~o default or delinquency on aqy other lien, encumbra~ce or charge against such premises.
3. If required by 1liort¢ag~e, to also make monthly deposits with 1lfortgagee, in a non-interest bearing account, toQethtr
with and in additio~ to interest and principal, o( a sum rqu:il to one-twelfth of the yearly ta~c~s and assessments which may be
l~~ied against the premisrs, and (if so required) one-twelfth o[ the ~•early premiums for insurance thercon. The amount of such
taxes, assessments and premiums, when unknown, shall be estimatecl by Ntortgagee. Such deposits shall lx uud by Mortgage~
to pay such taxa. assessm~nts and premiums rvhen due. Any insufficie~cy of such account to pay such charga w~h~n due shal]
be paid by biortgaqor to 1lfortgagee on demand. I(, by reason of any default by I?~ortgagor under any ~ro~~ision of this mort-
gage, I~~ortqagee declares all sums seeureci hereby to be due and payable, I?iortgagee may then apply any funds in said account
against the entire indebtedness secur~d hereby. The enforceability o( the co~•enants relating to taxes, asseuments and insurance
premiums herein oth~rwise pro~•ided shall not be a(fected e~cept in so far as those obli,qations have bcen met by compliance with
this paragraph. biort¢ag~e may from time to time at its opteon wai~•c, and a(t~r any such wai~•er rcinstate, any or all provisie~s
hereof requiring such deposits, by notice to I?tortqagor in writinc. \\'hile any such waiver is in eff~ct Mortgagor shall pap taxes.
auessmrnts and insurance premiums as herein dsewhere pro~•ided. ~
4. To pay all taxes, stamp tax or other charg~ which may b~ au~ssed upon this mortgag~, or said note, or indrbtedneu
setured hereby, without reqard to any law, Fed~ral or State, her~tofore or h~reafter enactcd, imposing pa~Tnent of all or any
part th~reof upon iiortqaqee. In event of enactment ot any law imposing payment of all or any portion of any such tax~s upon
Mortgagee, or the rendering by any court of last resort of a decision that the undertating by Mortgagor, as herein proa•ided, to
pay such tax or taxa is legally inoperative, then, unless Mortgagor nea~erthdess pays such taxes, all sums h~mby secured, without
any deduction, shall at thc option of ~iortgagee become immediately due and payable, notwithstanding anythirtg coatained herein
or ary law herctoforr or hercafter enactrd.
5. To icrep the premises insured against loss or damage by ~re, windstorm or extended coverage and such other hazards as
may be required by \iortgag~e, in form and amounts satisfactory to, and in irtsurance companies approved by Mongagee, and with
acceptabk mortqaq~e loss payable clauses attaehed. Such polieies, together with such abstracts and other title rvidence as may
be required by Mortgagee, shall be delivered to and held by Mortgagee without tiability_ Upon forcclosure of thes mort,qage or
other acquisition of the pr~mius or any patt thereof by Mortgagee, said policies, abstracts and title evidence shall become the
absolute property o( 1liortqagee.
6. To fint obtain the written consent of Mortgagee, such conunt to be granted or withheld at the sole discretion of such
, Mortgaece, before (al removing or demolishing any building now or hereaft~r erected on the premises, (b) altering the atrange-
ment, desi¢n or structural character thereof, (c) making any repain which invol~e the remo~•al of structural parts or the
exposure ot the interior ot such building to the elemenu, or (d) except for domestic purposa, cutting or removing or permitting
the cutting and r~mo~•al of any trees or timber on the premis~s. ~
~ 7. 'To main~ain aremises in good condition and repair, including but not limited to the making of such repain as Mortgag~e
may from time to time determine to be necessary for the prexrvation of the premises and to not commit nor permit any waste thertof.
; 8. To comply with all laws, ordinances, regulations, covenants, conditions and ratrictions a[feeting the premises, and not
to suff~r or permit any violation thereof.
9. If Mortgagor fails to pay any daim, lien or encumbrance which is superior to this mortgage, or, when due, any tax or
auessm~nt or insurance premium, or to teep the premises in repair, or sha11 commit or permit waste, or if th~re be commenced
any action or pr«~eding alfecting the premises or the qtle thereto, then Mortgagee, at its option, may pay said claim, lien, mcum-
brance, tax, au~ssment or premium, with right o[ subrogation thereunder, may make such repain and take such steps as it deems
ad~~isable to prevent or cure such waste, and may appear in any such action or proceeding and retain counsel therein, and take
su~h action th~r~in as Mortgagee deems advisable, and for any o! said parpose~ Mortgagee may advance such sums of money,
including all costs, fea and other items of expense at it deems necessary. Mortgagee shall be the sole judge o( the legality,
~•alidity and priority of any such claim, lien, encumbrance, tau, assessment and premium, and of the amount necessary to be paid
in satisfaction thereof. Mortgagee thall not be held accountable for any delay in making any such payment, which delay may
result in any additional interat, cost, charges or expense otherwist.
10. Mortqagor will pay to biortgagee, immediately and without demand, all eums of money advanced by Mortgagee pursu-
ant to this mortgage, together with interest on each such advancement at the rate of ten per cent. ( IOr/o ) per annum, and all
such sums and interest thereon shaU be secured h~reby.
1 t. All sums of money secured hereby shall be payable without any relief whatever from any valuation or appraisement laws.
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12. I( d~fault be made in paymrnt of any instalment of principal or interest of said note or any part thereof when due, or
in payment, when due of any other sum secured hereby, or in performance of any of Mortgagor's obligations, covenants or
agreements hereunder, all of the indebtedness secured hereby shail bccome and be immediately due and payable at the option of
Mortgagee, without notice or demand which an hereby expressly waived, in which tvent Mortgagee may avail itself of all rights
and remedin, at law or in equity, and this mortgage may be (oreclosed with all righta and mnedies afEorded by the laws of
Florida •and Mortgagor shall pay all cosu, charga and expenses thereof, including a nasonable attorney's fee.
edoK~07 ~~~285?
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