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TOGBT1iER ~\'ITH all and singular th~ trnemrnts, hcrcditamrnts and appurtenances thcn•unto Ixto~giuG or in an~•wise
thereunto appertaining and the rrnts, issurs and protits th~reof, a~d also ali the estate, right, title, intcrat and al! clai~n and
demaod whatsocver, as well in (aw as in equity, o( thc said I11w~gagor in and to the samc, including but not limitcci to:
(aj AU rents, profits, revenurs, royalties, ti~hts and bencfits derived trom (1) trops g~own o~ said security and prociuce ~
of the soil oth~rwise (2) oil, gas or rnineral leases o[ thc premis~s or any pa~t thereof, now existing or herei~~atte~ made, and ~
(3) al! othe~ renu, issues and pro(its of the premises trom time to time accruing, whether under leases or tenancies now ezisting ~ i
or hereafter created; in cach such cau with the right in the biortgagee, but only at its option, to re~-e:ve :?nd reccipt therefor {
and to apply ~the SdII1Q as it may ~Iect to any indebtednrss secured h~reby, and the !~iortgagre, at its optian, may dema~d, sue tar ~
and mover anp such paymcnts, resen•ing to the Mortgagor, however, so long as said riortgagor is not in dc(auli hereunder, thc '
right to fMCjYf and retain such rents, iuurs and protits. ~
(b) All judgments, awards o[ damagcs and setdcments herea(ter made as a r~sult of or in licu of any taking of the
premises or any part thereof under the power of ert~ine~t domain, oc for any damage (whether caused by such taking or otherNise) ;
to the premiscs or thc impro~~em~nts thereon or ~ny put thPreof; such part of any such judgrnent, award or settlemrnt, as thc ~
111ortgagee may clcct to bc applird to the indebtedness hereby ucured and 3he balance thereof, if any, to be rcsen•ed to thc ~
party or parties otherwise entitlnl thereto.
TO }iA\'E A\D TO HO1.D the above granted and describecl premises to the said ~fortgagec, its successon and assi~ns,
[ore~•er, and thc said :liortcagor docs hereby fully warrant the title to said land, and will de(~nd the same aKa~nst the la~~~fid
claims of all penons whornsoever; prot~ided always thal if ~to~tgagor shall pay to ri~rtgag~e that certain promissory note abo~•e
described and shall pertorm all other co~•enahts and conditions of s~id promissory note, and of any renewal, extension or mali-
fication thereof, and o( this mortgage, then this mortga¢c a~d the estate hcrcby crcatcd shall cease :~nd be nul! and ~•oid.
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I1lortgagor further coa•enants and aqrees with 111ortgagee as follows: ~
1. To pay all sums including interest s~cured hereby wh~n duc, as pro~•idect for in said proln~ssory' note and any r~newal,
cxtcnsion or mod~fication thereof and in this mortgage, all such sums to be payable in lawfal maney of the United Stat~s of
America at ~~ortgagee s aforesaid principal ofCce, or at such other place as Ttortgagce may designate in writing.
2. To pay w•hcn due, and ~vithout requiring any notice from \tortgagee, all taxes, assessments of any typc or naturc
and other charges ln•iecl or asseuetil against the prcmises hereby encumbered or any interest of \to~tqage therein. To iinmrcliately ~
pay and u'ischarqe any ~laim, lien v~ encumbrance aK~~nst such premises which may be or txcome superior to thes mortgage and ;
,
to permit no default or delinqi~cncy on any other licn, encu~nbrance ot charge against surh premises. ~ ;
3. If required by biortgagee, to also make monthly drposits H•ith I?lortgagee, in a non-inte~est bearing accourtt, together
«•ith and in addition to interest and princip:?1. of a sum rqual to one-hvelfth of the yearly taxcs and assessmrnts which may bc \
1~~•ied a~ainst the premises, and (if so requirn!) one-twelfth of the yearl'y premiums for insuranc~ thercwn. The amount of such
taxes, assessments and premiums, whrn unknown, shall be estimated b~• :lfortGagce. Such deposits shaU be used by ~~ortgager
to pay such tax~s. assessments and premiums when clue. An}• insu(liceFn~y of such account to pay such charges when due sh~ll ~
be paid by 1ltort¢aqor to ~iortgagee on d~mind. 11, by reason of am def,ult by I?iort¢agor under any pro~•ision of this mort- ~
qage, ~fortga~ee declares all sums secureci her~by to be due and pa~able, ~11ortGaqre ma~ then apply any funds in said accpunt ~
against the entire indebteclness secur~d hcreby. The eoforceability of the co~•enan(s relating to taxes, assessmrnts and insuran~e
premiums herein other~+ise pro~•ided sha11 not be affected except in so far as those obligations hat•e bcrn met by complian~e with ~
this ~raqraph. 1lfortQagrc rnay from time to time at its option waive, and after any such wai~•er reinstate, any or all provisions
hereof requiring such d~posits. by notice to 1lfortgagor in writinp. \\'hile any, such wai~•er is in effect Mortgaqor shaU pay taxes.
assessments and insurance premiums as herein elsewhere pro~~ided. ~
, 4_ To pay all taxes, stamp tax or other charge which may be ass~ss~d upon this murt4aqe, or said nou, or indcbtrdness
scrured hereby, without rceard to any law, Fcdera) or State, hetetoforc or hereafter cnacted, imposinq paymcnt o[ all or any ~
part thereof upon Afortga,qee. In ~vent of enactment of anp law imposing payment of all or any portion of any such taxes upon ~
~iortgaqee, or the renderinq by any coi~rt of last resort of a decision that the undertakinq by Ilfortgagor, as herein prorided, to ~
pay such tax or ta~es is legally inoperati~•e, then, unless lltortgaQor neeertheless pays such ta~ces, all sums hereby secured, without _
any deduction, shatl at the option of Mortgagce b~come immediatdy due and payable, notwithstanding anything contained herein
or any 1aw heretofore or herraft~r ~nacted_
5. To k~ep the premises insured against loss or damage by fire. windstorm or extended coverage and such othe~ hazards as i ~
may be required by :~fortgagee, in form and amounts satisfactory to, and in insura~~ce companies appro~•ed by Jiortga,qee, and with '
acceptable mort¢agee loss payabk clauses attached. Such poiicies, together with such abstracts and other title evidence as may /
be required by bfortgzgee, shal! be dcli~•em1 to and held by Mortgagee without liability: Upon foreclosure of this mortgage or ~
other acquisition of the premises or any part thereof by Mortgagee, said policies, abstracts and title e~•idence shall become thc
absolute property of :11ort¢a¢ee.
fi. To first obtain the writte~ consent o[ rtortqagee, such consent to be granted or wilhheld at the sole diuretion ot such -
\lortq:+Ree, before (a) remoring or demolishing any buitding now or hereafter erected on the pcemises, (b) altering the arrange-
mcnt, desien or struct~ral character thereof, (c) making any repairs which imroh•e th~ remo~•al of structural parts or the
; exposure of the interior of such bnilding to the elements. or (d ) excPpt for domestic purposes, cutting or removinq or permittinq #
the cutting and remocal oi any trees or timber on the premises_
7. To maintain premises in good condition and repair, including but not limited to the making of such r~pairs as riortgage~
{ may froin time to time determine to be necessary• for the preservation of the premises and to not commet nor permit any ~yaste thereof.
S. To comply with all laws, ordinances, regulations, co~•enants, conditions and restrictions a(fecting the premis~s, and not
° to suHer or permit any ~•iolation th~reoL -
9. If 1ltortga¢or (ails to pay any daim, lien or mcumbrance which is superior to this mortRage, or, when due, any tax or
assessment or insurance premium, or to keep the premises in repair, or sha11 commit or permit waste, or if there be commenced
any action or proceeding affecting the premius or the tide thereto, then 1lfortgagee, at its option, may pay said daim, lien, encum-
brance, tax, assessment or premium, with right of 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
such aciion therein :u 111ortgagee deems ad~isable, and for any of said purposes Mortgagee may advance such sums of money, {
including a11 costs, fees and other items of expense as it deems necessary. Mortgagee shall be the sote judge of the legality, ~
~•alidity and priority of any :uch claim, lien, encumbrance, tax, assessment and premium, and of the amount nrcessary to be paid ~
in satisfactiun thereof. 1lfortgagee shal! not be held aceountable for any delay in making any such payment, which delay may ~
' result in any additional int~rest, cost, charges or expense otherwise. ~
' ]0. Mort¢a¢or will pay to !~fortgagee, immediately and without demand, all sums of money advanced by ~tortgagee pursu-
ant to this mortgaqe, together with interest on each such ad~•ancement at the rate of ten per cent. ( lOr/c ) pcr annum, and all ;
such sums and interest thercon shall be securcd hereby. 3
11. All sums of money secured hereby shall be payable without any relief whatever from any valuation or appraisemrnt laws. ~
, 12. If dc(ault be made in payment of a~y instalment of principal or interest o( said note or any part thercof when due, or
in payment, when due of any other sum secured hereby, or in performance of any o( Mortqagor's obliqations, covenanb or
agreements hercunder, all of the indebtedness ucured hereby shall become and be immediately du~ and payable at the option of
1liortgagee, without notice or demand which are hereby expreuly waived, in which e~~ent Mortgagee may avail itsetf of all rights
and remedies, at law or in equity, and this mortgage may be foreclosed with all righu and remcdies afforded by thc laws of
Florida and Mortgagor shall pay a!1 costs, charges and expenses thereof, including a reasonable attorney's (ee.
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