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Home My WebLink About1595 ~ ; TOCETfIER 1~'ITIi all a~~d sinqul~~ the tenrments, her~~ditatnents :u~e! appurtrnenrrs ihrrrunto Urlongiu~ or in :~nywise therrunto appertaining and the rPnts, issues :uid profits thrreof, and also :~U th~ CSldlf, riKht, tide, interest antl aU cL~im and demand Mh~tsorver, as weU in law as in equity, of thc said \turt~.itior in and to the s.~mc, including but not limitnt to: All ~ents, profits, rereoues, royalties, riKhts and benefits derived from (1) crops grown on said security and pratuce . o( thc soil otherwisc ail, gas or mineral lcases o( the prewis~•s or auy part thcrcof, now rxisting or herrina(t~~ macle, and (3) ail other ~rnts, issues and rofits of the j p prcmises (rom time to time accruing, whrth~r under Icases or ten~ocics no~v existing t or hereafte~ created: in each such case with the right in the ~torte:~Kce, Lut only at its option, to rcceive and rF~eipt therrfot and tu apply the same 3s it may elect to any indcbteYlness secuced hereby, and the !1lortg.~~;ee, at its option, may dem:~nd, sue [or ; ar.d reco~•er a~y such p:~yincnts, resen•inq to th~ ~fortqagor, howc•~~cr, so (un4 as s:+id ~IortK:+cu~ is not in c~e•f.eult hrtrundcr, thr ~ right to mcei~•~ anJ retain such rents, issues and profits. 1 fh1 :~11 jud~nents_ awatcls of clamzQes and scttle•ments hr~ra(trr m.+dr as a n•sult of or in licu o( any takinG of the ~ p~~miscs or any part therm! under the power of eminrnt duiu:?in, or for an~ dima~~ (whethrr c.~us~•d by such tai:ing or u~he•rwi~r i ~ to the prcmises or the improcements thereon or any part thereof ; such part o( ar?y such judg~nent, :~~v:~rd ur setde~nent, ss tii~• r ~tortgagee may elect to be applird to the indebtrJness hereby sec ur~ci and thr balance therrof, i( ~ny, to be r~served to the party o~ parties otherwise cntidiY! thereto. TO }1_1\'E :~\D TO IIOI.D the ~bore granted and Jescrii~ed premises to the said \tortSaQee, its successors and assi~ns, fure~•cr, an~1 the s~id 1lfort~igor docs hercby (ully w~rrant the title to said land, and will drfend the same a4:~iust thc L~~~•ful cl~inu of all pcrsons whomsocccr; pro.•idcd always that i( \iortg:?eor shall pay to \tort¢agre that rc~tain promissory note alw~•e dcuribecl and shall perform all other covenants :md conditians of said prorniswry noic, ind of ~ny rencw~~l. extension or mocli- lication thrreof, and of this inortgage, then thi~ mortQ:?¢e and the estate hereby created shall cease and I~e nuU and ~•oid. 111ort~igor furthcr co~•cnants and agrcts with ~tortGaecc :?s (ollows: ~ t. To pay al) sums including interest secured h~reby when duc. as pro~•idrd for in said proinissory note and any renewal, \ extension or mod~fication thereof and in this mortgage, all such sutns to be µiyable in !aH•(ul money of the United States of j :~merica at \tortqacee s aforrsaid principal office, or at such other place as \tortgagee ma~• desiqn:?te in writinG. 2. To pc?y ~chen due, and without requirinQ any notice from ~forte:?qee. all t~xes, asse-s.amcnts of any t}pe or natur~ and othcr cha~G~s le~ied or asseueYl acainst the preinises hereby encun~berec! or any interest of \forteaee therean. To immnliatek pay and dischiree an}• claim, li~n or encumbr:incr aeainst su~h pre~uises which may be or tx~conu superior to this mortga¢e and to pern~it no defaidt or delinquenc~ on a~y other lien, rn~tembrance or eharee against sui-h premices. 3. If requirn! by ~lorteaSee, to also m~!ce monthly deposits Nith ~torttagee, in a non-interest tx~a~ing accoimt, to~ether ~~•ith and in :tddition to interest and princip:~l. of a siun n~ual to one-twel[th of Ihe yearly taxes and au~ssments which ma~• be le~~ied ae:unst the premises, and (if so r~quir~•d) on~-t~.-elith of th~ ~-cath' prcrnituns (or insur:~nce thercon. The a~noi:nt oi such taxes, asscssments and premeiirtss, when unknown, shall bc esti~natrd by \(ortKaqce. Such deposits shall be used by !1lortga¢ce to pay such taxcs, asscssments and premiums N•hen duF. :1n~• insuffirienc~• of such account to pa~• such charges whrn due sh:~ll Fx paid b~• ~tortcaeor to liortqaqee on dcmand. If, by rcau~n of ~ny dcf:~ult by hiortga¢or undcr any prorision of this mort- gage, \iorte~°e~• de~ lares all sums secured hereby tn be due and pay:~ble, \lortqzGee may then apply any funds in said account a¢ainst the entire ~?~~i~t,~Min~s srcured hrr~b}•. The enforceabilitp of the ro~•enants relating to tlxes, asseuments and insurance premiums herein oth~rMise pro~ideYl shall not be aff~cted CXfCF)L in so fir as those obliGations hace been met by complianeF Hith this para¢raph. ~tortQ:~G~~ m~~ frorn time to time at its option ~v~i~•e ancl after any such wai~~cr rcinstate, any or all pro~~isions hereof requiring surh de~sits_ by notice to A(orte~ea~ in ~vritine- ~1'hil~ any s~ech waia•er is in rf(ect ~~orte.~.qor shall pay taxes. asscurnrnts antl i~~stira»rr ptrujiuii,a .u uru•is+ cisc»i~.ic +,:-~~:-u;;~- 4_ To pay aA ta~es. stamp tax or other charge ~vhich ina}~ be ass~ued upon this ~nortcaCC, or said note, or indrbtedness sc~ured hcrcb}•. without rc~ard to any law, Fecleral or State, heretotore on c~retfter enactcd. imposin~ piy~nent o( all or any part thercof ulx~n \tortcaeFe_ tn e~•ent of enactment of am• I~w imposing pa~ment of al[ or am portion of any such taxcs upon \fort~aqee, or t6e renderin~ by am• court o( iast resort of a decision that the undertakinr, hy ~fort¢iqor. as herein pro~•ideci, to pa~• such tza or taxes ic 1eqa1)y inoper~ti~•e, then, unless \lortqaqor ne~~ertheless pags such taxes, all sums hercb~ secured, without any deduction, shall at th~ option of ~torteagee become immecliat~ly due and payable, notwithstanding anything containecl herein or any law hcrctofore on c~reaftcr ~nactnl. 5. To keep the premises insured against lou or damage by (ire, windstorm or extended co~•erage and such other harards as rnay be rcyuireci by \tortGaeee. in form and amounts z~tisfactory to, and in insurance companies approved by 1liortgagee, and ~+ith acceptable ~nort¢a¢ee Iou p~yable clauses attached. Such policies, together with such abatracts and other title ~~•idenre as mag be n~quired bp ~iortc;agee. shall be dclia•tred to and held by ~fortgage~ without liability. L'pon torcclosure of this mortGa¢e or other acquisition o! the premises or any part thereo( by 1ltortgagee, said policies, abstracts and titlc e~•idenet shall become the ~ absolutc p~opern• of ~fort¢a¢ce. 6_ To Crst obtain the w-ritten corssent of 1lfort¢a¢ee, such consent to be ~ranted or withheld at the sole discretion o( such ~ \!o?t~:ecee. }x~fore (al rrmocin¢ or demolishing any building now or herea(tet erectecl on th~ premises, (b) altering the arranqe- ment. desien or ctnectural character thereof, (e) making any repain which im•olve the remo~~al of strurtural parts or the exposure of the interior of such buildinq to th~ elements. or (dl e<cept f~r domestic purposes, cutting or remo~•ing or permittinG the cuttinQ and remo~•~i of any trees or timber on the premises. 7. To maintain premises in qood condition and repair, includin.q but not limited to ihe makinq ot surh r~pairs as \fortg~ge~ map from temr to time determine to bc necessary for the preservation of the premises and to not commit nor permit any ~vast~ thercof. ~ 8. To comply with a11 law~s. ordinanres, requlations. co~•enants, conditions and restrictions affecting the premises. and not to suffcr or pc~mit any ~•iolation thrreof. 9. If ~iort¢aeor fails to pay any claim, lien o~ encumbrance which is superior to this mortqage, or. when due, any tau or ass~csment or insurance premium, or to keep the premises in repair, or <_hall commit or permit waste, or if there be commenced :~m• a~tion or proc~~dinq affertinq the premius or the titie thereto, then :liortgagee. at its option. may pay said claim, lien, rncum- branc~. t~x, assessmrni or premium, with right of subroqation thrreunder, may make such repairs and take wch steps as it deems :,dcis:ibl~ to pre~•ent or cure such wastq and may appear in any such action or proceedinq and retain counsel therein, and take cuch action therein :u ~tort¢aGee d~ems adrisable, and for any oi said purposes 111ortgagee may ad~•ance such sums of moneq, includin¢ all costs. fecs and other items of expe~se as it deems necessary. ??fori¢a~ee shall be the so1~ jud¢~ of the legality, talidity arrd priority of an~ such rlaim. lien, ~ncumbrance, tu, assessmrnt and premium, and of the a?nount nccescin• to hr paid in catisfaction therrof. Diortqagee shall not be held accountable for any delay in makinq any suoh paytnent, which delay may recult in any additional interest, cost, charges or expense othemise. 1(1. ~torte1eor will pap to ~lortqaqee, immediately and without demand, all sums of money adcanceci by \fortqacee pursu- ant to this mort¢ac~-, tu¢ether with interest on ea~h such ad~•ancement at the rate oE ten per cent. I 10`,"~ ) per annum, and all suc-h sums ~rtd inter~st thereon sh:~l) be secured hereby. ~ 11. All sums of moncy s~curnl hereby shall be pa}•able without any relief whate~•er from any ~•aluation or appraiscment laws. I 12. If default he madc en payment of any instalment of principal or interest of said note or anp part thereof avhen due, or in pa}ment, when due of any other sum secured hereby, or in performance of any of Mortgago~'s obliqations, corenants or aqrecm~nts hrreu~der. all of the indebtedneu secured hereby shall become and be imm~diately due and payable at the option of ~iortqa¢ee, without notic~ or demand whicF~ are hereby exprPSSly waiced, in which errnt AfortQa.qee may a~•ail itsr3t of a11 rik'Lu and remedics, at l:+w or in equity, and this mortqape may be foredosed with all rights and remedies afforded by thc laws of Florida and Aiortgagor shall pay all costs. charges and expenaes thereof, including a reasonable attorney's fee. ~ bc~.~~~.. i~~~ ~r.r_.- ~~J~ - ~ ~ _ . ~ - ~ _