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TOGETNER lTti •rll an+i ungulu the tenem~nb. herrclitamrnts and appurtenances the~runto txbnging or in anyw?se
theceunto appertaini~g and thc renu, iuua and prufits thereof, and also all the estate, rigAt, titie, interest and all claim and
d~n?and whatsoever, as weU in law as in equity, of the said I?iortgagor in and to the same, including but not limited to:
_(a) All rents, pwtiu, reve~ues, royalties, rights and bene(its dc~i~~cd from (1) crops grown on said u~urity and pr«luce
o( the soil otherwise (2) oil, Bas or miner3l leaus of the p~cmises or any part the~eof, now existi:~g or hereinaiter made, and
(3) all othe~ rents, iuues and protiu of the premises irom time to time accruing, whether uode~ leaus or t~nanci~s now exist~ng
or herea(ter created; in each such case with the right in the 11~ortgaqee, but only at its optiun, to ~rceivc and r~ceipt therefor
and to apply the same as it may elect to any indebtcclness securni h~reby, ar?d the 11~ortgagce, at its option, may demaucl, sue for
and rero~~er any such pa~Tnc~u, resen~ing to the l~io~tgagor, however, so long as said 111ortgagor is not in d~fault hrreunde~, thc
right to receive and retain such rrnts, issues and profits.
(b) All jud,qmcnts, awuds o[ damages and scttlem~nts her~a(ter tnade as a r~sult o! or in licu of any taking of the
premises or any part thereot wider the power o( eminrnt domain, or for any damage (whether causcd by such takinS or othcrwisrl
to the premises or ~he impro~~emenu thereon or any part thereot; such part of any such judgmrnt, a~v~rd or s~ttlement, as the
Mortgagee may elect to be applicd to the indebtedness hereby secured and the balance thereof, if any, to !~e resen•ed to the
puty or parties otherwiu ~ntitlcct thereto. _
TO liA~'E AND TO HOi.D the above granted and describal premises to the said ~iortgagee, its successon and ass~~ns,
(orr~•er~ a~d the said I?io~tgagor do~s hereby tuUy warrant the tide to said land, and will de(end the s:~me ~Ka~nst thc 1:?wte~l
claimt ot all penons~ whomsoe~•rr; provided always that if \tortgagor shall pay to 111ortgagee that certain pro~nissory note abo~•e
' described a~d shall pc~(orm all other co~•e~ants and conditions o[ said promissory note, aad of any r~new~l, ext~nsion or modi-
(ication thereo(, and of this mortgage, then this nwrtgage and the fSt~tr hercby created shall cease :.nd be nuU and ~^oid.
~ I~iortgagor [urther covrnants and agrcYS with \tortgagee as tollows:
1. To paY all sums including interest securaf hrreby wh~n due, as pro~•ideel (or in said prom~ssory• note and any rcaewal. ~
extension or mod tication th~reo( a~d in this mortgage, all such sums to 6e payable in law(ul mc.ney of the United States of
.lmerica at I?tortgag~e's aforesaid principal otfic~, or at such other place as Afortgagce may d~sign~t~ in writing. *
2. To pay wh~n d~~e, and without rcquiring any notice irom ~fortgaqec, all taxes, auessmcnts of any type or naturc Y
and ~ther charges Icvied or ass~ssed against th~ pr~mises h~rcby encumbered or any interest of ~iortqage therein. To immrdiately
pay and dischargr any claim, iien or encumbrance a¢ainst sach premis~s which may be or become superior to this mortgige and
to permit no default or d~linquency on any oth~r lien, ~ncumbrince or charge against such prrmises.
3. If requitrd by I?iortgagee. to also mak~ ~nonthly deposiu with Dlortgagee, in a non-intcrest bc:?rin¢ a~count, togeth~r
with and in addition to interest and principal, of a sum eyual to one-twelfth o[ the yearly taxes and assessments which may b~
le~i~d against the prcmises, and (if w requirnl) on~-twel[th of th~ }•~arly premiums for insurance thereon. The amount o( such
taxes, ass~ssin~nts and prcmiums, when unknow~n, shall bc rstimativl by rfortgage~. Such deposits shall be usccl by ~iortga¢ce
to pay such taxes. asscssmrnts and premiums when du~_ An}• insu(ficiency of w~h account to pay sucfi charges wh~n due shall
be paid by 11{ort¢agor to :1lortgaqec on d~mand. 1f. by reawn of any default by Aiortq~qor under any prc~vision of this mort-
gage, ~tortgager declares all sums secured h~r~by to fx due and p:?y-.?ble, :~iortqagee may then apply any funds in said account
against the entire indrbtedness scrurtd hercby. Thc ~nforc~ability of the coeenants relatinq to taxes, asxuments and insuranc~
premiums hercin OlF1QfMffS~ pro~•idrel shall not be a[fectecl except in so (ar as those obligations haee been met by romplianc~ with
this para,qraph. ~iort~agce may from time to time at its option wai~~c_ and aft~t any such wai~•er reinstatc, any or all provisions
hereof requiring such deposits. by notice to 1liortgaqor in writinq. ~~hile any such wai~•er is in ~f(ect viortQa¢or shall pay ta~es.
as.ussments and insurance prcmiums as herein ekcwhere pro~•ided.
4. To pay all ta~es, stamp tax or other charge which m:+y be asussed upon this mortgage, or said °Onent ofnallboriany
secured hereby, without regard to any law, Fecl~ral or Stat~, heretoforc or hereafter enacted. imposinG p. }
part thereof upon \iortgagee_ In e«nt ot enactment of anp law imposing payment of all or any portion o[ any such taxes upon
\iortgaqee, or the renderinq by any court of last resort of a decision that the undertaking by \fort,qagor, as hercin pro~•ided, to
pay such tax or taxes is legally inoperati~e, then, unless 11~ortgagor ntvenheless pa~s such taxes, all sums herebg secured, without
j any deduction, shall at the option of ,iortgagee become immediately due and payable, notwithstanding anything contained herein
`r or any law hcrctofore on c~reaft~r ~nactrd_
; S. To l~~cp the prcmises insurcd against loss or damage by fire. windstorm or extended coverag~ and such other hazards as
~ may be required by Aiort¢ag~e, in form and amounts satisfactory to, and in insurance companirs appro~•ed by Alortgaqee, and with
~ acceptable mort~aqee loss payable clauses attached. Such policits, together with such abstracts and other title e~•idence as may
~ bc rcquired by Mortgagee, shall be d~li~•ered to and hdd by Mortgagee without liability. L'pon foreclosure of this mortgage or
oth~r acquisition of the premises or any part thereof by ,tortgagte, said policits, absvacts and titl~ evidence shall become thc
absolut~ prop~rty o[ 1liortqa¢~e_ Z
~ 6. To fint obtain the written cons~nt of 1liortqaget, such consent to be granted or wiehheld at the sole discretion ot such ~
4lortqaqer, bcfore (a) remo~•ing or demolishing any building now or hereafter erected on the prcmises, (b) altering the arrangc- \
ment, desi¢n or structural character thereof. (e) making any repain which in~roh•e the remo~•al of structural parts or the ~
e:posurc of the int~rior of such building to the elcments. or (d) eacept tor domestic purposes, cutting or remo~•ing or permiuinq
the cutting and remo~•al of any trees or timber on the premises.
7. To maintain premises in good condition and repair, including but not limited to the makinq o( such rcpain as liortgagee
may (rom time to time det~rmine to be necessary for the preservation of the premises and to not commit rmr pcrmit any waste thereof.
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8_ To compl~ with all laws, ordinances, re,qulations, covenants, conditions and restrictions affecting the premixs, and not
to suffer or permit any ~•iolation thereof.
9. If I~tortqa4or fails to pay any claim, lien or encumbrance which is superior to this mortgage. or, when due, any tax or
assessmcnt or insurance premium, or to keep the premisa in rcpair, or shall commit or permit waste, or if there be commenced
~ any action or proreeding affectinR the premises or the title thereto, then ~iortgagee, at its option, may pay said claim, lien. encum-
branc~, tax, auessm~nt or premium, with right of subrogation th~rcunder, may ma4e sucfi repairs and take such steps as it dcems
_ advisabk to prevent or cure such waste, and may appear in any such action or proceeding and retain counsel therein, and take
~ such action ther~in as Mortgaqte deems ad~•isablq and for any of said purposes ~iortgagce may ad~•ance such sums o( mon~y,
r includinq all costs. fees and p~1er it~ms of expenu as it deems nec~ssary• I~~ortgagee shall be th~ sol~ judge o( the legality,
~ ~•alidity and priority o( any such claim, li~n, encumbrancq tax, auessment and premium, and o( the amount necessary to be paid
~ in satisfaction there~of. 1liortgag~e shall not be hdd accountable for any delay in making any such payment, which delay may
~ result in any additional int~rest, cost, charges or expense otherwise.
~ 10. ltortgaeor wiU pay to 1lfortgag~e. immcdiatdy and without d~mand, all sums of money advanccd by ~fortgagce pursu-
~ ant to this mortga¢~. togtther with interest on each such ad~•ancement at the rate of ten per cent. (10~'c ) per annum, and all
such sums and interest th~reon shall be sccured hereby.
I1. All sums of money ucurcd hereby shall be payable without any relief whatever from any valuation or appraisement laws.
12. If de(ault br made in payment o( any instalment of principal or interest of said note or any patt thercof when due, or
~ in payment, when due o( any other sum secured hereby, or in per(ormance of any of Mortgaqor's obligations, eoeenants or
agreements hereunder, all of the indebtedness secured hereby shaU be~come and be immediately due and papable at the opt~on of
Mortgagee, without notice or demand which are h~reby expressly waived, in which eve~t Mortgagee may avail itself a( al) righb
and remedies. at law or in equity, and this mortgage maq be foreclosed w;th all rights and nmedies afforded by the laws of
Florida and Mortgagor shall pay all cosb. charges and expenses thereo(, induding a reasonabte attorney's fce.
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