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TOGETHER 1~'ITU all and sintiular the trneuwnls. hercdit:~mrnts :u~d appurten.ui~es thrn•un~o l~rlongin~ or in .u~y'~.i~~•
thcrrunto :?ppe~tainin~ and thr rents, issucs :iud pro[ifs~lhcn•of, and alw all the estate, right, titic, interest :1R~I :lU cL~iu~ .ind '
dr~uand H•hatsoecer, as wcll in law as in ryuity, of thc s~id \tori~a~ur ~n and to the samc, inctuding Q~K uot limit~•d tu:
(:~1 All rents, profits, rr~enues, royalties, ti~hts and benc[its drriviYl (rom ( t) rrops Kraa•i~ nn said s~~'ierity and pruducc
o[ the soil otherHis~ (2j o;l, ~.~s or minr~a) lr.isrs ot thr prrniisrs or any part ~herc~;i, now ~~istinK ur h~~r~in:~tic~ u~.~~}c, ancl
(31 aU other rents, issurs and profit: o( the premises from time to time accruing, whether undrr Ieases or teriancies nu~v CXIiUl1G
on c~reaftcr rre~tc-d; in eaih su~h ~-:~se with thc richt in the ~lurteager, but unly at its optiun, to re+~ivr and reccipt therr(or
:~nd to apply the s:une as it m~y clcct to any indcbtc•dncss se: iu~•d hrrcby. ~ud the \f~~rtKager, at its u~niun. m.~y drni:~nd. ,u~• for
and rerucrr iny such pacrncnts, rrsrn•inq to the ~iurt~.~tiur, hc~wc~cr, so lunq as s.~id \1ortKacor is ~~ot in d~•f.iidt hrrrundrr, th~•
ritiht to rccci~~c and retain such rents, iuucs and profit;.
(b) :VI judKmc•~ts. a~v.irdi nf d:un:ttics au~i s~-ttlrmruts hrrr.~ftcr m:~dr as result oI or in li~•u of .u~y t.~kinc uf tLr
pm~nises or any part thcreof und~•r 1he Ewwer of c~ninent domain. or fur :~ny dcuu.~~e (..heihrr c.~usrd i~y su~~h t,~kinS or othrn.•i;~• ~
tu thc premis~s or the impm~•rmcnu th~reun or any part th~•r~•uf; such pirt of any seich j~edgm~nt, a~+•ard or scttlr~ucnt, as thr
\fort±;aeee rna}• elrct to bP applird to thr indebtedness hrreby se.urrd :ind the bal.in:e thereof, if an~•, to be r~cerced to thr
party or plrties othee~visP i•ntitl~•d lherrtu.
Tn H:1\'E :\\D TO 1IOLD the a~~ove qra~tcd and desrrilN•d prrn~i;es to th~ siid \tort~:iC~'~. its succeswn and :~ssicns,
forc~er, ~nd th~ said \1ortC:~Gur dues hereby (ully w:~rrant the tide to s:~~d l:~nd, ~nd ~viU drfrnd the sa~ne .i~:~~ust th~• 1.+af~~1
cl.u~as o( all {xrsuns ~~~ho~nsoev~•r, pro~;ded atwa)•s that if \lortc.~cur shaU pa}• to \tortc:~eee that crrt.iin promis:ory note alKic~•
clesetibcel ~nd shal) prrforrn a!! other ~•nrenants :~nd conditions o[ said promiswry notc. and o( any rene~.•aL e~tcnsion or mcxli-
firatiun thereof, and o( this ~nort¢a¢e, then this morteace and the est.u~ herrb~• createc! shaU ee:?se and Le null and ~roid.
tlortcaeor further COYC7lants and ,l~(CCi N•ith \tortc~cee as (ollo~~•s:
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1. To pay all sums includin~ intere st sCCUn•d hereb~• ~.•h~•n due, :~s procidrd for in S:U(I ~)fOlilliSOC)' IIOtC and ~ny renrw~l, ~
~stonsion or inal~(ii~atic~n thrr~of :tud in this mortGaCc, :~I) st~ch stuiis to lx• payablc in I:~~vful ~nonc~• of thc C`nitcd States of
~ .~mcrica at \1ort4,~ccc's afon-s:ud principal otficc, or at surh other pL~rc ~s \torte~~c'c m:~y dcsign~te in writin~;. ~
To pay ~~hen du~, asid ~.•ithout rryuirinq any notice from liort¢iGec. aN t.izcs. :issess~nrnts of :~ny ty~pc or n:tture "
:~nd othc~~ c•h:+r~~•s lc~~i~d or iss~ssc•d :~L.~inst the prcinis~~s hFrrby cnrumbcrcd or any iMCrest of \iortea~c thcrein. To imnu~di,~t~-ly -
p.~y and dis~•harec :~m~ cl:~im; licn or cn~umbrancc ae.~inst sn~~h prcini~cs whi~h m:?y bc or I~ccomc supcrior to this murtKac~ and
to pcnnit ~o dcf~ult or dclinqucni'~~ on an~ othc•r lirn. ~•ncumbr;~ncc or chargc :~~ainst sueh premiscs.
3. If rec~uire-el bv ~iorte.~~~•~-. to ~l:n m.~.l•~~ ~unnthh' iie~cits with ~1ortG~qee. it~ ~ non-intrrest tNari~e ac~~RUnt, totrth~r ~
with a»d in additiun to interest and principaL of 1 sum n~u,~l to one-t~r~~lfth of th~ yrarly t~xe-s and assessments which m:~y b~ i
Ic~~ied :i^;IIOS~ thc ~(PRIISCS. 1I1lI (if so re-quirrdl onr-t.+•e•ifth of the ~carly pr~miums (or insur:~nce thrreon. ThP aenount o[ such - i
taxes, assessments and prcmiums. ~ch~n unknown. sh:~ll Lc rstimzt~y! hy \tortiaece. Such deposits shall be used b~ ~i~.rt~aec~
to pay such taaes. ass~ssments ~nS preiniu~ns ~~•hen due. :~ny iu.ufficir~u~• of sui h arcount to p~~• such char~es ~vhen dtte sh:~U i
bc paiJ b~• \1ort~aqo~ to liortC.~ecc on dcmand. If, by rr;~cort of ;im• ~Ic(.+ult b~• ~forte~~nr undrr any pm~•ision of this tnurt- ;
~aq~, \i~rtc.~^~~ de<lares al! swns securnl h~mby to ix~ due and pa~•.iLle. \fort¢agre m~}• then apply an~' Iunds in s.~id accaunt #
aQainst the entire indehtedn~cs secured hereb~•. The enforc~•.~bilih• of th~ eo~•rn:~nts re•l.itine to taxes, :~ssessments and insuran~-e
pre~niiuns hcmin othenvisc prrn~id~d sh~ll twt h~• af(~ rtcd exrc•pt in so f:?r as those onliGatiuns i~:i~•~• [K•ru ~uet hy ra;;,izl::incr a~•ith
this pa~a¢raph. \lorte:~ec~ in.~v ho~n timc to tin~F• at its opti~~n wai~•c. and ahcr any such ~v~ia~~r rcinstatc, any or all pro~•isions i
hFrco~ ~~ttirin~ s~erh dr~n;its. l~y- uotice to ~fortc~eor in w•ritini~. 1~'hile an~ such w•ai~'er is in effect ~iorle~~C~r [~17~I ~•1)' 1;IX1'S. f
accessmrnts and insurancr pretniunu as h~rcin clse~vhere pro~~idcd. ?
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! To p:i~ all taxrc. stzmp tax or oth~r ~ h:v,c ~~•hi~-h may b~ asiessnl u~n this murt¢a~e, or s.~id note, or indcbteelness i
sr~-ured he•rcM•, a-ithout rce:?rd to am• law, tcdcral or State, herrtofore or herea(ter cn;uted, imposine p:>>'mcnt of all or am~ ~
part th~reY~f upon \iort~.~~re. In c~•ent of enartment OI :If7C I:iW emposinq pa?•ment of a11 or am• portion of an~ such taxes u~~n
\torteci~.•e. or thc rrnderinc b~• :?ny conrt of l:ut rrso~t of a decision that the undrrtakinr, hp ~iort¢agor. as herein pro~•idcd, to '
pac such taX or t:~r~s is lec:?lly inoperati~•e, then, unless ~lnrte:~eor ne~•crtheless pays such taxes. all sums herehp secured, without
:im• dedu~tion. sh:~ll ~t the optiun of ~iortca¢ee become immecliat~ly due and payablr, notwithstandinq an}•thinc containerl herein
or an~• l:~w hcretnfor~ c~n c~reaft~r ~r.:ut~d,
S. To k~ep the premises insured against loss or damaqe by fir~. windstorm or extendecl ~over:?ee and such other hazards as
rri:3~• be r~cluirrd ~fortc.~cr~•. in form and amounts s~tisfactory to, and in insurance companies appro~•ed by \1ortKaCCe, and with
acc~ptable inorte:?¢~e loss ~:L~'JMP clauses attached. Such policies, toqether with such abstraets and other tide ~~~idenee as m~~•
6~ rryuired hy ~fort~ac~e, shal) be dFlicerecl to ~nd held by \fortqagee without• liabitity. Upon (oreclnsare o( this morte~ee or `
. nthc•r acquisition of th~ pre~nises or anr part thercof bp ~tort¢a¢ee. said policies, abstr~cts nnd tid~ ecidence sh,~ll become the '
a}~ualutr +~roprrn• of ~fortc.~ecc. ~
fi. To first obt:~in th~ .sritt~n cons~nt of \iort¢aeee, such consent to be ¢rantrci or withheld at the soly diuretion of such
\i~~rt~.~~c~. h~•fore remo~-in¢ or d~molishin¢ an~ h~~ildin¢ now or he~eafter erccted on the premises. (b) alterine the arran¢e-
m~nt. ~IcsiKn or stn~ctur.il charactcr thcrrnf, (cl making any repairs wh:ch im•oi~-e thc rcmm~ai of stru~tural parts or thc
cc~x~curc of th~ int~rior of such buildine to th~ clemcnts, or (d~ e~cept for domesti~ purposes, cutting or r~moa-inq or permittinr
the cuttine and rri»n~•al nf :~ny trees or timber on the premises.
Tn m~int:~in prrinisrs in qood condition and repair, includinq but not limited to th~ makin~ of s~ech rep~irs as ~tortcagee
rn:~~- from tim~ to tirn~ deterniinc to be ne~essan• for the presen•ation o( the premises and to not co~nmit nor permit any ~vaste thercof.
8. To compl~ w•ith all la•cs. orciinances, reKulations, coeenants. conditions and restrictions afiecting the pr~mis~s. and not
to suffcr o~ pcrmit any ~iolation themof.
9. If ~iorteacor (ails to pay any claim, lien or encumbrance which is superior to this mort¢aqe, or. when due, anq tax or
acc•asm~nt or insur.~n~e premium. or to keep the premises in repair. or shall commit or permit waste. or if iherr br commenced
~ny- a~tion or pr~~cFCdinz affe~tinq the pr~mises or the title thereto, then ~tori¢aqee, at its option, may p~~ siid claim, li~n, en~um-
br.~rue. t:ie, assesc~n~•nt or p~einium, with right of subroqation thereunder, may m~ke such m~~airs and take such steps as it deems
ri~rr ci~rh u~actP; and may aooear in any such action or proceedin¢ and :etain counsel ther~in. and ta~~
w~ h:uti~~n ther~in :ts \fort¢aG~e derms acl~•isabte, and for any of said purposes tiortg:?gee map ad~:~nce such sums of money.
inrln~lin, :~ll costs. fe^s and other items of expe~nse :u it deems necessan~. ~1ort¢aGee sha11 br the solc judee of the Icgalit}•.
calidity- and priorit~• of am• such claim. lien, encumbrance, taz, assessuient and premium. and of the amount nec~s~:vy to br p;iid
in s:iti:f.~rtion thFrFOf. ~iortc.~cee shall not be held accountable for any delay in makin¢ any soch pa~ment, which d~la~• ma~•
msult in am• additiunal intrr~ st. ~ost. ~har¢cs or expcnse otherwise.
1~1. \f~~rte.~eor will p:n• to itort¢aqee. immediatciy and without d~mand. all sums of money ad~~anccd M• \t~~rtq.~e~c pursu-
ant to t}uc trx~rte.~cr, tc~ecthcr with intrrest on ca~h su~h ad~•anc~emcnt at the tate of ten per c~nt. (10!~'~ ) per :mnum. and all
su~ h sutrs and intrt~st th~r~•nn sh.~l! bc sccurcd hcreby.
1 I. :VI sums o( moncy s~curcd hereby shall tx~ payable ~.ithvut any rclief whatee~r from any ~•aluation or appraisement law^s.
12. If d~fnult b~ m.~de in paymcnt of any inst.ilment of principal or intere~st o( said note or any part thercof whcn due, or
in p~}'ment. wt~cn due of an~ oth~r sum se~-ured hereby, or in performance of any of ~tortqagor's obliqations, co~•enants or
aqrectnents hetcunder, all o! thF indebt~dness secured hereby shail bccome and be IRililC(~Ia~fl)' ~Jllf and payable at the option of
.Liorec~xcc, w•i~houc noti~c ar dr~nand whirh irc hereby czpressly ~+•a;~~ed, in which e~-ent ~lortqagee may aeail itu•If of :~ll richts
and rrtuedics. at law or in cquity. and this mortqa¢e may be forerlosed with all riqhts and remedi~s a((orded b~ the I3W5 of
floridl and Jiortgagor shall pay all i-~sts. char¢es and expenses thereo(, including a reasonable attorney's (ee.
~~oK z1o ~~E 23z5
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