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TOGBTHER WITH a!! and a~uL?~?e tenemenb, ~e~editunents and appurtenances thercunto bdouaing or in anywise
theceunto appe~taiair?a and ehe rene,~- i~wa' and prof;a tt~eieot, and also aU the atate, right. title, intuat and aU claim and
demaod what~oevet, at weU in law as iq ~qujtp~ d the~Mid ~[ongasw i~ and to t!u ume, indudina but ~ot limited to:
(a) AU renp, profiq, revenua~ rojr~Itiq, ~ht,~ and ben~q de~ived trom (1) crops grown on said security and produce ~
o! the soii othetwise (2j oit, gat or mineral lea~a of tbe premises os any part thercol, now acisting or hereinatte~ made, and *
(S) aU oth~r renb, issua and 'pmfiq of the prcmises from time to time accn?ing, w!?ethe~ under leases or tenaocia now enistina
oe hereatte~ created; in ~ach :uch case with the riaht in the Mongagee. but only at iq option~ to receive and ~eceipt there(or ~
and to apply the same as it may elect to any iadebtcdneu ucured hereby, and the Mortgagee, at iu optiun, may dema~d, sue tor ~
and recorer anr such payments, ~ese~viag to the Mortgagor, however~ eo bng as said Mortgagor is not in detault hereunde~, the
right to receive and rttain such renb, iuua and proGts.
(b) All judgmenta, awuds o[ damaaes and uttlements hereafter made as a rault o( o~ in licu of any taking of the
premiaa or any part thereof under the power o[ eminent domain, or tor any damage (whether caused by such taking or othe~wiu)
to the pnmises or the improvements thereon or any put thercoE; such part of any such judgment, awatd or settlemertt, a~ the
. Mortgagee may elect to be applicd to the indebtedaest .hereby secured and the balance thereot, it any, to be reserved to the
party or partia otherwise entitled thereto.
TO HAVE AND TO HOLD the above granted and described premises to the said I~iortgagre, its succeuors and assigns,
(orever, and ihe said Mortgagor docs hereby fully warrant the title to said land. and will defend the s.1me aga":nst the lawful
claims of all persons whomsoerer; provided always that if Mongagor shall pay to Mortgagee that certairt promissory note above
described and shaU per[orm ap other covenanu and conditions of said promissory note, and of any rene~ral, exte~sion o~ modi-
(ication thereof, and of this mortgage, then this mortgaqe and the atate hereby created shall cease and be null and void.
Mortgago~ turther covenants and agrees with Mortgaget as [oliows: s
1, To pay all sums includina intetat securcd hereby when due, as provided for in said promissory note and any renewal~ '
extension or modrfication thereof and in this mortgage, aA such sums to be payable in lawful money o[ the U~ited States of
America at Mortgagee's ator~said principal ofCce, or at such other place as Mortgagee may daignate in writing.
2. To pay when duq and without requiring any notice irom Mortgagee, ail taxes, assessmenu of any type or nature ~
and other charga le~•ied or ass~ssed against the premises hereby encumbered or any interest of Mortgage therein. To immcdiately
pry and discharge any claim, lien or encumbrance against such premises which may be or become superior to this mortgage and
to permit no dtfault or delinquency on any other li~n, encumbrance or charge against such premises.
3, If required by I?~ortqagee, to also make monthly deposits with Mortgagee, in a rwn-interat bearing account, together
with and in add~tion to interest and principal, of a sum equal to one-twelfth of the y~arly tattes and assessments which may be
lntied ~against the prcmises, and (i( so_required) one-twrlfth of the ytarly prcmiums for insurance thereon. The amount of such
taxa, auessments and premiums, when unknown, shall be atimatal 6y I1lortgaqee. Such depaaits shall be used by Mortgagec
' to pay suck taxa, assessments and premiums when due. Any insu(ficiency of such account to pay such charges when due shap
be paid by Mortgagor to 1liortgagee on demand. If, by reasan of any clefault by Mortgagor under any pro~~ision of this mort-
gage. Mortgagee declares all sums secered hereby to tx due and payable. Mortgaget may then apply any funds in said account
against the entire indebtedness secured hereby. The enforceability of the coeenants rclating to taxa, asstasments and insutanc~
premiums herei~ otherwise pro~•ided shall not be a(tectnl except in so far as those obligations have been m~t by compliance with
this paragraph. I?fortgagee may from time to time at its option waive, and after any such waiver rcinstate, any or all provuions
h~reof requiring such d~posiu, by ~otire to Mortgagor in writing. ~While any such waiver is in e[(ect Mortgagor shal) pay taxcs,
asussments and insurance prcmiums as hercin eluwhere provided.
4. To pay all taaes, stamp tax or other charge which may be asxussed upon this mortgage, or said note, or indebtedness
secured h~reby, without regard to any law, Federal or State, hereto(ore or hereafter rnacted, imposing payment of all or any
part thereof upon Mortgagee. In event of enactment of any 41w imposing payment of alt or any ponion ot any :uch taxes upon
Mortgaget, or the rendering by any court of last mort of a decision that the undertaking by I?fortgagor, at herein pro~ided, to
pay such tax or taxes is legally inoperative, then, unleu I?iortgagor neverthelas pays such taxa, all sums hercby secured, without
any deduction, shall at the option of '•biortgagee become immediately due and payable, notwithstanding anything contained herein
or any law heretofore or hercafur enacted.
5. To teep the premisa insured against bss or damage by fire, windstorm or extended coverage and such other hazards as
may be ~equired by \tortgagee, in form and amounu satisfactory to, and in insurance companies approved by I1Sortgagee, a~d with
acceptable ttartqagce loss payable clauses attached. Such policia, together with such abstracb and other title evidence as may
be r~quired by ~iortgagee, shall be deli~ered to and held by Mortgagee without liability. Upon loreclosure of this mortgage or
other acquisition of the premises or any part thereof by Mortgagee, said policia, abstracta and titte evidence shall berome the
absolute proprrty of 1lforigagce. ~
, 6. To fint obtain the written consent of Mortqagee, suc6 consent to be granted or withheld at the sole discretion o( such
i Atortgaeee, beforc (a) removing or demolishing any building now or hereafter erected on the premisn, (b) altering the arrango- ~
mcnt, desi;tn or structural character therrof, (c) making any npain which inwlve the removal of structural parta or the _
exposure of the int~rior of zuch bwlding to the elements, or (d) except for domestic purposes, cutting o~ rrmoving or permitting
the cutting and r~moval of any trees or timbtr on the premises. ~
7, To maintain premises in good condition and repair, including but not limited to the making of such repain as Mortgagee
may irom time to time det~rmine to be neceuary (or the praervation of the premises and to not commit nor permit any waste thercof.
8, To comply with all laws, ordinanca, regulations, covenanu, conditions and ratrictions af(ecting the premises, and not
to sutfer or petmit any violation thercof.
9. If Mortgago~ fails to pay any claim, lien or encumbrance which is superior to thu mortgage, or, when due, any tax or
ass~ssment or insurance premium, or to keep the premises in repair, or shall commit or permit waste, or i( there be commenced
any action or proceeding affecting the premiset or the title thereto, then Mortgagee, at ib option, may pay said claim, lien, encum-
brance, tax, auessment or premium, with right of subrogation thereunder, maq make such ~epain and take such stops as it deems
ad~isable to prevent or cure such waste, and may appear in anq such action or proteeding and retain counsel th~rein, and take
such action therein as Mortgagee deems advisable, and for any o( said purposes Mortgagee may advartce such sums of money,
inctuding aH costs, lees and othtr iteau of acpenu as it deems necessary. Mortgagee shall be the sole judge of the legality,
~•alidity and priority of ar.y such claim, lien, encumbrance, tax, auasment and premiam, and o( the amount necessary to be paid
in satisfaction thereof. Mortgagee shall not be held accountable for any delay in making any such payment, which delay may
result in any additional interest, cost, ~ harga or expenx otherwisa
10. Mortgagor will pay to 1lfortgagee, immediately and without demand, all sums of money advanced by lliortgagee pursu-
ant to this mortgage, togtther with interrst on each such advancement at the rate o! trn per cent. ( IOS~c ) per annum, and all
such sums and interest thereon shall be secured hereby.
11. All sums of money secared hereby shall be payable without any relief whatever from any valuation o~ appraisement laws.
12. If drfault be made in payment of any instalment o( 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 peir~orm~nce of any of Mortgagor'~ obligation~, covenanq or
agreements hereunder, all of the indebtedness secured hereby shall become and be immediatety due and payabte at the option ot
Mortgagee, Mrithout noticr or demand which are hereby acpresily waived, in whicb event Mortgagee mar avail itself o( all righq
and nmedics, at law or in equity, and this mortgaqe may be toreclosed with al) righb and ~tmedies aiforded by the lawt oI
Florida and Mortgagor shall pay all costs, charges and acpensa thereo(, including a reasonable attorney's iee.
80~OK ~.l l PAG~~,~.~ 600K ~1 / PAC~ ~4~7
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