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HomeMy WebLinkAbout5113 ..-roc.FT~llk.k ~~'!TH all and sii~~ular Ihr trnrnu•nts. hrrrdit.unruts auil 'appurtru.~urrs th~•rrunto t~clongine ur in .unNi~~• ~ thrrrunto ap}x•rt.~ining and thi~ n•nb. issurs auil p~ufits thrrru(. .~nJ :~Iw .tll thr rst.tte. riyAt, titlr, intrrrst su~t .~U i-L~im .ind ~1~~,,,,u~d whats.~cv~r, :ts wc?1 in L~w .~s in cyuity, o( tt~c s:~i~t \lu+tc.~~.~r in .~nd to thr sa~ne, inctuding l~ut i~ot limit~•~I t~~~ (ai :VI n•nts, pro[its. rrvrnue•s. royalti~s, ri~hts .~nd brc~rfits ~li•ricrd (runi (11 crups ¢ruwn un s.~id s~•:uritt~ aad pr~Klucc ~~f the wil c.therwis~ (Z) oil, c.~s ur minrr~l Ic.~ses o[ thr pn~~~~is~•s ur :~n~• i~.~rt th~•rr~~f. UGH' Y?OiUU~ ur lu~rrinalter tn.«le. .~nd i:11 a!1 othrr rciits, issurs :~nd j~rofits of the prcmisrs (rom timc to tin~i• accruiuG, whethrr undcr Ir:~,~•: ~~r tcn:u~rics n.~~v ~~~isti»K ut 11cce.ltte~ tfP,ltr(]: iO t.lCll su+'n t':ist• aviii~ i~tc [i~iii it: :~c Z!;•::~-•y•.^ i...~ n.~l.• _.r i1c onti~.n to rfv~ri~'r :IOt~ fC.~ri~)t lfll•n•fi~r and tu :~i~ph• thr s,~me :u it m.~p rl~•ct to am• indrbtcdnr;s ur~•d h~•rrby, :~m! thr \turtc.~c~•~•. at it; optiun, rn c!r~n.u~~l. .ur fu+ ` and tecu~~rr any su~h ~?.+y~n~•nts. r~•srr~'ing to the ~fu~te.~eur, h~~ve•~~rr. :u lonK .~s s.~i~! ~furte.~cor ic nut in ~'.rf.u~lt I~rn-under, thr riiht to rr<<•ici~ and ret.~in su.h r~•nts, is,ucs and prufitc. jb j_111 ju~lLin~~nts. .i~..in1s u[ d:~ni.ie~•s .un! srttlrmr~~ts h~~n _~fi.•r ii~.~dr .~s n•.ult of ~~r in liru ~~f .~n~ t.~l.ine of eh~~ i~rrnus~•s c~r .~ny p.~~t th~~nti~f undcr thr ~w~~er uf ruiine-nt ~luni.iin. or f~,r .my d.~m.~~e i~.hrih~•r c.~us~~~t hy .urh t.~line or ut4un~i.r tu thr pre~~:ii~•s or th~ ii:~proermri~ts thrr~on or ~m~ part thrzr~.f: ;u~ h ~~.~et of am• surh ju~l~~u~~nt. :n..~ni ur erttle•n~rnt. .~e th~. ~iort~;.i*rc ~n.ty clf•i t tc~ b~ applird to thc imli-b!rtlnrss hcrch~• sr~ ~i~r~l and thc~ b.~l.uire thrr~~of. if :~n~~. tu n a•r~~i~d to thi~ p.uty or p.t~tics uth~c~.•ise rntitl~•;) th~~rrtu. - TO 11:\\'F .~\n TO ll(~I.D thc :~Ix~vc gr.intrd :ind dr;~ ni,.~i1 prrm::cs t~~ tii~ s:iiii \i„rt~:~¢c~•, it, a~~. ~~,:~:r; .u; ::.;s;~:::. ;~.,~.i.. ~..i: : !:~c;t;c t.•=-r~.,: tl,A :~s~•, t:. r~i~l ]in~1. :ne~i ~~~i? d~•fcncl thr :.in~r .~e.~fi~:t d;~• Ln.fu! ~I.iittit uf all ~wnun5 ~~•hom:nc~~•t: pro~idcd alwats th.~t i( \t~~rte.~ti~~r ~h.e1l p.~y to 1l'~ttc.iKrr th:tt i~•rt.~iu ~uuuiiour~- notr ~l~n~r d~•;~ ribcd and sleill p~~r(~~rm ~~thcr rorcn.ints .erzd ron~iitiunc of s:~id promissur~ nutr. :u~d of :iu.• n•nr~.at. ~•xt~•n+i~m ur lm.~li- fi~ atiun thrrmf, and ~~f this mortc.~¢.~, then thic nrorte.~c~~ and chc• ~•;t.~t~~ h~•rch.~ crc~trd shall cf~.~:~• and iu~ null in~1 coid. ~ \turt~.i~or (urth!•r ro.cn.~nts .uui .~ic~~F•s aith \lortc.u~~~~ a~ foUu~v;: l. "I~o p.~v :~II ;~uus inelu~linc inte•rrst s~~.-urrd hc~~b~~ ~eh~•n du~•. procidc,l !ur in c.~id prurni;cc~r~~ nut~~ .~nd ~n>- rcnc~~•al. ~ rzh•nsiu~~ or nicxl~fic.ni~m th~•n•.~t :~r.~l in this mort~.~cr. .~11 such :~uns to h~• pay.~bi~- in I~~cful nu,ncy of thc (`nitcd St.~trs uf ~ .1uu~:i~.+ ~t \tnrtc-i,cr's a(urc;.ii~l principal offi.~. ~~r .it sn~h uthrr pt.~rr .~s \(ortc:?Crr rnaq ~f~•:i~n.ite in writinti. T~~ p:~>• wh~n duc. ~nil ~.~ith~~ut r~•yuirin~ :+m• noti~~e fron~ \(i~rtc:~Qr~. all t.icc;. .i:c~•ssrn~~nts of :~n}• ht~c or n:~turr .~nd othrr ~-harL.-s lrcird ar .i,.~•,s~•<) :ie.~inst ihr prer.:i.re h~~re•br rrn uuil,rr~•d ~~r .~n}• intrr~~st ~~f ~lort~.t~e th~n~ir,. "I~u immr•di:~t~•1~• and disih.ir¢e- any cl.~ifc~. li~n or cf~riunhi:~nre~ :i_•.~inct surh prreni.~s ~~hirh fi1:1~' IN' UI I~CI'UIIIP Sll~)Cfll)f to t}~is ~nurtc.~¢c ani! to I~ennit no dr•fauh or ~Irlin~;i~rncv ~u~ .~n~• ~nhrr li~~n. :•n, ueubr.~n~ e. or charc~~ .~c.+in~t such pn•~nice;. I( reY~uirr~i h}• \[~~rte.:~~~r. t~~ .~h~~ ~fi.~kr ir.~~t~thl~' ~i~•~K~~ih ~vith \Iurtcaece~_ in non-intrrc;t !n-.irine a~cuunt, toc~•:h~r ~~•it}t ane! in additiun to intrr~•st .~nd prirripal. <u:n ~~~u,i! t~~ une•-t~~rllth uf thc ~v.~rl~- t.ix~~: :+nd aes~simr~its tivhii'h nia~~ br (~ci~Y1 a~x.iinct ihc prrntis~~c. .uul iif sc~ rryuirr~t~ uri<•-ttiv.lfth uf thr ~~:trly pr~~~niu:ns for insur.~n~-r th~r~on. 'Th~~ auu,unt o~ surh tZS~s, .i.;r:anrnt; c~r.~l ~~rrutium;. ~~'h~~n unku~i~cn. .h.~? hr r.tim.it~vl hy \f~rt,-~e~•c. .l'u~~h dr~wsitt shall 1~~ uscil hc \furt~,.~crr ta p.i~• suc h t.ix~•c. acs.•s,~nrnts :imi pmminms ~vhrn ~tur- -\ne in:uffi~ i~nrv s~nh a~enunt to pag sui-h ch:vfics ~vhe•n du~ sh.~lt he p.~id b~• \t~~rtc.~cor h• ~lorte.i=c•~~ ~•n .Ie•~:i:~ml. Ii. Ly re~ecnn i~f .~nv ~irL+ult bq \torte.~c~~r und~~r any ~irori:iun Ihis mnrt- eakT. 1[~rt,.~,~•r ~ir~ l:ir~s ;ill c~erns c~c urrd he•re•]n• tri !x ~lu~~ .~rni E~_»~.~1~1~~. ~(urtla~t~r m~~• thc•n :ipph• :~ny funds in ;.~id aecount .ie.~~il:t thr e•ntire in~l~~hh elm~c; cecurv•d her~•h~•. Thr en(urceah:litc uf the ~~o~~en~nts ml.~tine t~~ t~cec, .isc~ssmrnts and insur.~nre ~,re-miuens hi~rrin e~th~~rai;~ reue;~i~-:1 s2~.~li nut b~• .~Ffrete~~l e•~rr•pt in cu f.~r :x t4in~e obli~.ui~~m I~:ic~ br~•n mrt h~• r~,~n~iii.ine~- ~vith rl,ie ri:~r_~¢e.u~}e. ~(nrt~.r_r.- m.~~- (rn~n ti~nc~ to timr at its ol~ti„n ~~':~i~r. :~mi aftrr :+ny su~-h ~.:~irrr re~inst:it~. ~r~y or :~11 pru~icior.s hcmof r~-q~tirinL h:3t~F,c,:itc. 1>i• n„tic~ tu ~1utt~.iL~~r in ..•~icin~. hil~• :~n.• ~~n~h w.iic~•r is in el~i•ct \lortk.~~or ~h:~li paa- tacre. .+::~-;sr.t-nts znd in:ur.uxr p;rtniutns as h~rcin ck~~wi~rrr pro~'idrd. i. Tn f~.~~- ;~I) t.~r~•:. ct.~nip tax ~u other ~har~~• whi~h m.~r b~ :uc~•csrii uFH~n thic iTlOft~.1~P. O[ s.~id note•, or inde•bt~dn<•a: >~~rurcd he~n•h~~. ~vithuut n•~~,ud tu ;lp~' I3N'. FFIICLII ~r SLllf. F1C(PiOG1fC or h~~r~•.~{t~r ~n:usrd. itn~x~s~nG p:nmFnt of :~it or :un ~~irt thrrr~~P ~:irin \(iirt~, ~^_rr. In e~~rnt of ~na~-tm~•nt f•~ afl\ I.i1Y 3I)1(K~i1fIC pacmrnt o( or ~ny ~>nrtiun of .inr c~lrh tax~c uE~~n ~[~~rte.+~r~. c,s thr rr:u!rrinc L~• :uz~• c~»~rt of l.~st rrsort nf a drrixion that thc undrrtc~kinr, L}• ~inrt~a¢or. as hcn•in prucid~d. to ~r~y such t.~e nr t.is+~s is l~~e.~ll~• ir~~.~x~r.~~i.~, thcn, unlcss ~t~rtc~.~cr~r n~~~crth`lcss pay~s su~h t1rC5. :IU sums horchy cc~-ur~-~!, withoiit :~m• de:iu. r.~.n. :h:~l! .7t thc ~~ptiun of ~tortc.ieee INf(~iflC imrnediat~lc cluc and pa~•able. not~vithst:~ndinG an}~thin~ containcr? hcre-i~ ~~r ~nc li~v h~rct~~fur~ ~~r hrrr•.ift~•r ~~ri.~ctr~i. T~~ kc~•p th~ prrm:~e; insur~d aeainsi loss or darnacr by firF, w~indstorm ~~r c!ctcndc<} ~o~~rra~r and su~ h t~thrr h~r:uds .~c ` rt~.cc bc~ rrynirr<! br \inrt¢.~c~.~. in form anc! .irm~unts s~ticf:jrtory to, and in insuranrc i'omp:~nies appro~•n1 by \f~~rtc.~e~•~, ar.d ~vith ~ ~ r{~t ~Lf~ inortceer~ l~.s p~~ahle• cl:iucrs ~ttached. Such policies, to~ether witn si~rh atntrarts and other tid~ r~ iden~~e as ma~~ 1~~• r~~yuin-~} }n- \tortc,~c~•e•, ,h:ill br d~liccred to ~nd held by \lorte:l¢re N:thout li.~bilih•. l"~~n G~re~tnsure ot this tnnrtea¢r or ~ ~~th~r .~ruui:itiun ~~f th~- prernis~s ~~r :jm• part thcrrof b~• ~tortcdCfC. S:UCI policics, abst.actc :znd tit]r rrid~~n~~• c}~.~11 }w-:~~tn«~ thr :ilicniutc~ }~rnprrt~- ~f \f~~rtc.ie~~r. t~ 7'~~ fir•t ~~ht.iin th~- i.-rittrn ~ons~nt o( 1l~~rte~er~, such consent to b~ ¢ranted or withheld ~t the sol~ dis~retion o! surh , ~i~~rt;.ea~~~•. ir•f~r~ ri•tno~~in~ or (~Cill(~I1Shine an}~ buildinc noN• o~ hereaft~r ~rr~t~d on the pr~rnises, (bl :~lterine the ~rranc~- mrnt. ~!~~.:er: or atrn~tur.~l charat'trr thcre-of, !c1 m.~kin¢ am• repairs ~+~hich incohe thr retnuc.il of strurtur.tl S~irts or the ~~x~~.ur~• ~,f th~~ intrr:nr of suc6 huikfin~ to th~ ci~~nu•r~ts. or !d1 ~sccpt for d~~rrx~sti~ pur~x~s<•s, cuttir~~ nr Trmnt'lnk or ~x~nnittine th~ ~ uttinc and r.~r:ioc.:] .llT1' flPCS ~r timFx~r on th~ ~iCTi115C5. - T~, t~~.+int.+in prrmic~s in c~xxl ~-~n~3ition .~nr! r~p:iir. in~Lidin¢ hnt not Iimite•d to thr makinG uf c~u h r~p.iirs :ia \iort~.iecF rn fr~~:n tim~• t~~ tinu~ de-terin:nr to t~c ne~ ~ssan• for th~ presen~ati~n o( the premises and to not cummit n~r prrtnit any .v;t5te thrrmf A. T~~ ~~~cnph• ~.ith :~ll la~vs. ~rdinances, reculatiozic, coccnants. c~~nditions and rrstrictions .~ffccti~i~ thc prcmis~s, and not tn ;ukcr or pr•rtnit .~nc ci~tl:~tiun th~rrof. 9. If ~t~.rt~,.unr faiis t~~ p:~}~ any clairn, lien ~r fI1CU111I)I~RfC v.•hi~~h is su~x~ric~r to this n~i~rte.ie~. ~~r, whrn du~, any ta~ or ~:c~•.•tnrr;t ~r in:ur.inr~ pr~mium. or to kccp th~ prcmis~s in r~pair, or shall rommit or p~rrnit a•.ist~, c~r it therr },r «inrnrnr~d ~en ti:>n or t~r~~~ ~~~•etine affrct;n¢ th~ premis~s or !he tide thereto, then ~lorte:~~ee, at its option, ma~• p.~~• c~id cl:~im. lien, encum- br.;n~!•. t.i~. as~~•:c~t„•nt ~~r pn rniurn. with richt of subro~.~tion thrrcundrr, m.ic makc such mpairs :in~l t:~k~ such SIfF)C as it dc~mt ~~?ci..~hl~~ te~ {~r•^ecrit or ~ isr.~ snrh w~.ist~, and ma}• .ippe.+r in any such action or ~fM'CC<Iif1C :~~1<I re•t:iin c~~uncrl th~•rciti. :ind tak~ :u~h .irtiun the-rrin .;c Jt~~it~.lCrC (trt•n15 :uI\ts3I~IC. l(1~I for am• uf s:~id purE~ose•s \[~rt~:~gre rna~• :c~?canre, s~uh s+erns of money. in~ h~d::iC :~11 r~~ct~. f~~^s and other iterns of expensr .~s it deems nrce~ssan•. \forteae~c .h.ill Fx~ thr s~di• jndc~ ~~f thF le¢:ilit~. i.~li~lit~~ :~~~~3 prir,cit~- ot am• such ~Iairn. licn, cn~u~nbranc~. tax, asscc~rnrnt .~nd prcmium. ;~nd af th~• anu~unt nrt-~-s..~n• to b~• p:iid in ~.~ti<f.~~tim~ thrr~~„S ~(~~rtc.~ce•r shall n~t bc~ h~'ld aeee.unt:~blc for a:~~~ d~l.n~ in ~n.~kinc ane such p.i~m.-nt. ~v(iirh d~•I.i~' rn~e rr;ult in .~n}' .u1~liti~~:~:i1 int~•rrcL c~~st. ~'F~.~rq~s Of cxpcns~ othPru•is~. 1~ ~1<,rtr.~.•~,r ~vill t~~ \f~HlidQ~P. !!llfilftltltPl~' dfl~I withuut d~~m.ind. ail S11R15 «I monrc .ccl~:+n<~vl hr 11~~rt~.~c~•r purcu- .ic:t t~• tF~~: r~::~rtr~c~•. t.~ecthrr ~.ith ini~rrst on r.uh su~h adc.in~rm~nt ar the r,ite ~f trn prr c~~nt ~l~~~%~ prr .+nnum. e:id ail .u,h .srr~; .~ncl i~~h•r~~:t th~n~,n ah,ill bc act'un'd hrrehc. 11. .1ll si~~i~s nf t::~,n~•} crcur~d hcrcti}• shall be p,~v:~hl~ w-itLuut ~n~~ rrlirf ~.hat~~~~~r fmm am• a•.iluation or appr:~iscmcnt I,~N~s. 1!. I! d~i.~ult }:r ~;~.~~Ir in p.ntn~•nt of :im• inst.~linrnt o( pnn~ipal or intcr~st of s.~ici not~~ or am- part ihcrrnf ~vh~~n ciu~, ~~r it: p.i~rn~r.t. ~.hrn r!rn- ~~t anti uthr•r surn s~cur~d h~rrh}•, or in p~rfnrmanr~ ~f .im• of \tort¢.~cor's obli¢~tions, cmrn:~nts or •~4f~"'R:~'t1tC flCt~'11t1(~C~. fl~ l}1P 1fll,Cf)(P(~11C55 SPfI{fC(~ h~reby sha? bc~omc .~nd be S(IIS]lC(~I.1IF~~' (~IIC and payablr :it (}IP O~~tnO O~ ~ i{ir~tG..CC~. ~vitEunrt n~~ti~~ ~~r ~lrtn.~nd wtiic~h .~r~ h~reh~~ e~:pre•ssly w~:iic~d. in which ~~~~~nt \1~rt~~K~~ m.~~ a~~.~i) itcrlf r~f .~II ri~hts .end rer.:~~di~~s. .~t l,~w or in equit~, an+l this n~ort¢aQC ma}• be f~~r~cloe~d with all riehts and iCfDrO1C5 .l~~OttIP(~ h~• thr liws of I'lorid.i .~nd \tortc.~uor sh~ll p.~~ all r~~ts_ chuges and expenses thcrrnf, inrlu~linc rcasontbl~ att~rncy's iro. ~ooK209 ~~E2105 ~~..~.x_ - - . . . _ ~ . s~N _