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(8tste of 1~'lorida doc~entaiy stam~ps in th~e amount required by lav are afYixed to
the origiaal of the lbregoing note and canceled purauant to ls,v.) :
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And shsll duly, pro~aptly and l~il.ly perform, discharge, execute, elfect,
comp~ete and comply vitb and abide by each and every the stipulations, agreemeats,
con8itions and crnrenants o! said pro~issory note aad of thie mortgag~, then thia
m~rtgage and the estate hereby created shall cease and be null and void.
And the Mort~agor covenants ead agrees to and vith the lriortgagee as foll,o~+s:
1. He vill pey tbe principal and interest and the vari~ous and s~ry s~m~s
of money pe~yable by virtu~e of seid promissory apte and this mortgage pro~ptly oa th~
days the same becoa~e du~e and he Will promptly pertorm and comply vith esch and every
other covenant and agreemeat in said promisBOry note and mortgage.
2. He vill pe~y the taxes, assessments, levies, liabilities, oblig,ations r
and inctmbrances of ev~ery nature and kind nov on said described property, or that
hereafter may be ia~posed, sufPered, placed, levied or assessed thereon, or t2~at here-
after m~y be levied or e~sBessed upoa this mortgage or the indebtedness secured hereby,
when due and p~yable according to law, before they become delinqwent, and before an6r
interest attaches or a~pr penalty is incurred; and in so iar as aiqr thereoP is of.
record the same shall be pro~ptly satisfied and discharged of record and the original
official doc~moent evidenci~og such satisfaction and discharge shall be placed in the
hands of said Mortgagee iritbin ten day~s next after payment.
3. Be vill keep the i~provements nrnr existing or hereafter erected on
the mortgaged property ipsur~d against loss by fire and other hazards, casualties
and coatingencies in such am~unts and for such periods as me~y be required by Mo=tga~ee.
All insurance shall be carried in compe~nies approved by Mortgagee sad the policies
and reneira].s thereoY shall be held by Mortg,agee and have attached th~ereto loss pays~ble
clauses in favor of and in form acceptable to tl~e Mortgagee. In event of loss he vill
give i.~ediate notice by mail to Mortgagee, and Mortgagee msy make proo~ of loss if
not made promptly by Mortgagor, and each insurance compaudr eoncerned is Y~reby suttwrized
and directed to maloe poyment for sucb loss directly to Mortgagee instead o~ to l+~ort~or
w,,.+~~ i.,t~ti.. A~~ the inauranee ~rnceeds~ or a~v ~art tbereof,me~v be applied
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by Mort~a~ee at its option either tq the reduction of the indebtedness hereby secured
or to the restoration or repair of the property dams;ged. In ev~ent of foreclosur~ of
this mortg~age or other treasfer of.title to the mortgaged property in extinguisY~ent ~
of the indebtedness secured hereby, all right, title and interest oP the Mort~sgor
in and #,o at~r ineurance policies t~en in ~orce shall pe~ss to tY~e purchaser or grantee.
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4. He ~rill permit, Comnit, or suPfer no waste, inapairment or deterioratioa ~
of said property or at~y part tbereof and irill- keep all buildings aad iinprovements ~
~ nov or hereafter on said property in good repair aad ~rill make a~y repairs Which
f Mortgagee in his discretion shall deem necessary for the proper preservation oP said
` buildings and im~provements. ~
~ 5, ge Wi11-pay all aad singular the costs, charges sad expenses, inclwling
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reasonable attorney's fees, cost of abstracts of title and title searches incurred ~
or paid at any time by the Mortgagee because of the failure on tbe part oY tl~e Mortga~or ~
pra~ptly aad flil.],y to perform the agreements and crnrenants of said note and tbis
mort~ge, and said costs, cl~arg~s and expenses shall be i~ediately due~and pqyable
and shall be secured by the lien of this mortgage, and such expenditures shall draW
interESt at the rate of eight per centum per anntmm.
6. That (a) in the event of ar~ breacb of this mc>rtgage or defavlt oa
t2~e part of th~e Mortgagor, or (b ) in the event ar~y of sa3.d s~s of money herein
referred to be not promptly and i~17,Y paid ai.thout demand or notice, or (c) in tbe
event the stipulations, agreements, conditions and cavenants of said n~ote and this -
mortgs~e are not du~y, pro~ptly and f'ul~y performed, then in either or a~qr such
event, the said aggrE~ate avmn mentioned in said note then remaining unpaid, With
~ interest accrued to tl~t time, aa+d all m~neYs secured hereby, shall becaa~e due and
~ payable iortY?With, or thereafter, at th~e option of said Mortgag~ee, as ftittly a~d
~ complete~y as if all of tbe said s~s of money ~rere originally stipulated to be pe~id
on swcb dawy, atqrthing in said note or in this m4rtgage to tY~e contrary notxithstanding;
and thereupon or thereaPter, at the option of said Mortgagee, Without notice or
demaad, suit.at ]aW or in equity, me~y be prosecuted as if all moaeys secured h~ereby
had matured prior to its institution.
- 7. Tbe Mortgagae may, at ar~y time vhile a suit is pending to foreclose ~
or to reform this mortg~ge, or to enforce a~r cls.ims arising bereund~er, app]y to ~
tbe cowct having ~uriediction thereof`for tbe appointmeat of s receiver, and such Y
court shall forth~rith appoint a receiver of the premises and a11 oth~r praperty ~
covered hereby, inclwding all aad sin8lilsr the inc~e, profits, rents, issues and a
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