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To pay tht indebtedaess hereby secured and intetest thereon promptly on the days spec;f[ed fot the same to become due and payable. and to pay. on demand. any ocher i~debcedness that may beoome due and payable to the macgagee urtdet the terms and provisions of this ma[gage. 3. ?o keep the premises in good repair; not to commit a suffer suip or wasce on the premises; toobuin e the written consent of che macgagee before demolishing. removing or materially alcering any building. struc- ture or improvement now o~ hereafeer upon che premises or before allowing any wch buildiag, suucture a im- provement to be demolished~ removed a macerially altered; to obtain the ariccen consent of the morcgagee befae any timber now ot haaafcer upon the premises is turpentined or cuc with the exception that timbec may £ be cut for necessary firewood for the use of occupants ot che premises and fa necessary upkeep of the improve- menu thereon; ~ot to commit a suffa any act by which the value of the premises may be impaired; aot to violate or permit the violation of arty law~ by-law, adinance~ conuact af[ecting the premises~ or covenaat or agreement of recocd against the premises. 4. To pay before they become delinquent or penalty for nonpayment acctua. all uxa. auessments. water rates and charges of every nature that may now or hereafter be imposed. levied. or auessed upon or ~ against the premises or any part thereof or upon the renu. issues. inoome or profiu thaeof, whetha aay ot all of said taxes. assessmena or charges be levied d'uectly or ind'uectly or as excise taxa a as income taxu. 5. To keep the buildings. improvemenu. timber and all apparatus and tixtutes now or haeaftu upoa ~ 3 the p remises insured a gainst loss or dama ge by fire and othec hazards~ as the matgagee may from time to ~ time require; that all such insurance shall be irt fams. in companies and in rums satis factory to t he matga- gee; that all insurance policies shall be held by. shall be for the benefit of the fitst payable in case of lou ; to the mortgagee; and that at least fifteen days before the expitation of each such policy. a new and suffici- ; ent policy to take the place of the one so expiting shall be delivered to the mortgagee. The matgaga heceby ` assigns to ttie matgagee all moneys recovaable undet each iuch policy~ and agrees that in the eveat of a lou the amount collected or any portion theteof may. at the option of the matgagee~ be applied by the mortgagee to fulfill a~y one ot mae of the obligations secured hereby in such order as the mottgagee may = detumine ot be used fn replacing. repairing or restoring any pattially or totally datroycd propecty to a oon- ~ dition satisfactory to the mortgagee a be released to che matgagor, and any amount so released or usedshall ? not be deemed a payment on the indebcedness secured hereby. The matgaga hereby appoina the matgagee attorney irrevocable of the mottgagor to assign each such policy in the event of the foreclosure of this matgage. 6. To pay all sums the failure co pay which may result in the acqufsition of a lien prior to the lien of this mortgage. before such a prior llen may attach. . ~ 7. That. upon failure to comply wi[h any of che tams. covenanu or agreecnencs contained herein, the ~ morcgagee. may make advances to perform the same on behalf of the morcgagor. aad that alI sums so advanced ~ wi[h intaest at the highest legal rate per annum shall be paid by the moctgagor. shall be immediately due and payable and shall be ucured hereby; but the making of any such advanca shall not be deemed to relieve the ~ mortgagor from any defaulC hereunda or impair any right or remedy consequent thereon and che exucise of the ; right to make such advanca shall be optioaal witti the mortgagee and the mortgagee shall not in any ease be # liable to the mortgagor for failure to exercise any such right. € , ~ 8. ?hat the macigagee shall be rubrogated for furthu security to the lien. slthough released of recad. ( of aay and all encumbcancw paid out of the proceeda of the laan ucured by thU matgage. ' ; ~ 9. That !f any action a proceeding be oommenced. except an action to faeelose this macgage or to i coliect the indebcedness haeby secured~ to whtch acdon or proceeding the matgagee u made a puty byreason ; ~ of the executioa of this matgage or the note which it secura, a in which the matgagee deenu it neca~uy to : defend ia ordu to uphold the liea of thls mortgage a the ~ioaity thaeof or poueuion of uid premius. all uirtu paid ac iacurred by the matgagee for couasel fees aad otha expenses in such acdon a proceediag shall be pzid ~ by the mortgagor togetha with incaat thawn from date of payment by the mortgagee u the highest legsl e0ee ~ per annum~ aad all such sums and the intereu thaeoa shall be immediately due sad payable aad be securad ~ haeby. ~ 10. That in the evenc of the pauage of any law of the Sute of Florida changing in any r+ay the laws now ~ in fotce for the taxation of mortgages or debu secured by matgages or the manna of the oollection thueof. ; which may advasely affect the righu and intuest of the matgagee, the matgagee shall have the tight togive ~ ~ thitty days writtea notice to the matgagor requiring payment of the indebtedness hereby secured. and if such ~ ~ notice is given. said indebtedness shall lmmediately become due and payable at the expiration of uid thirty ~ ~ days. ~ 11. That in the evenc thc mortgagee shall place the noee hereby secured in the hands of an attorney for ~ collection or shall proceed to fo:eclose this mortgage, the morcgagor will pay such attorney's fees as ue ='a authorJzed by law. the cosc of such title search as the mortgagee may require and all court cosu and expenses ~•x ~ paid or incuaed in conneccion therewith, and that the same are secured hereby. ; ~ 12. Thac any failure to exercise any right hereunder shall not constitute or be consuued as a waiver of ~ ~ that right at aay future time. ~ 13. That this mortgage creates a continuing lien to secure the full and final payment of the indebtedness = haeby secured and all other obiigations imposed hereby and haeafter atisin ~ ~;y Ws ordinances r tions : ]1~.. To contirnaally comply ~rith and conform to all gla , , e~~ ~ ~ covenants conditions arid restrictions af~ecting the property which is to serve as { ~ the security for this loan, a~d not~ to commit, suffer or permit a~r act to be done ' ~ in or upon said property in violation thereof including without limitation all federal, ~ ~ ° state and local pollution laWS and regulations affecting the premises and the operation ; thereof. x ~ 15. That this mortgage shall be considered a Security Agreement u,nder the Uniform ~ Commercial Code of the State of Florida. ~p~ c~e~ ~ ~ E_(c ~S PaGE1~?G+~ ~ ~ - w 4~ ~ , _r_.~~ ~ _ , , . . . _ ~ _ ; .8~..._