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Home My WebLink About0896 ~ 70('ETHBA WITH aU snd ~easulu ehe tcnemwu. herodiumcot~ and appurieranca thercunto bebnt~nS a in anpwi~e ~ ehereuato appenainin~ and the ~ena, i~ua. and prot~u tLered. sad alw a!! tbe atate, riabt~ titk~ intuat and aq clum and ~ dea~and ~hsewever. as rrep in lar? ar iu equitf. d tbe aaid ~[onp=or ia and co tl?e wne. iadudina but not limited a: .(a) AU reau, ~ofits. reveaua. rorilua, d6ha aad ben~u duivcd (wm (1) croq ~own oa said ~ecuiiq .~r?d-~ad+ice d the ail othervni~e al, ~a~ or mincni kaaa of tbe premiu~ or anr put tAercof. now e:istias or hereinattu made. rnd : j alt otha renb. iaua and 'pro[iq ot the pcemi~a twm time w time ucruie;. whether undet kax~ or tenancia ~wM? e:isfu?s ( or 1~erea(te~ created; ia each ioch we with the riaht ia tAe Mottsaaee, but onlr st ia optioa. w receive snd receipt theretor ~ aad w appl~r the same as it mar elat W aa~ indebtcdnw xcured hereb~r. aad the Monsaaee. at iu option, may dema~d, sue tor ~ and retovee u?y ~ich paymenb, racrvins to tt~e MortSaaor. bowevu. w bna as ~aid I?Iortsagor is -not in detault hereunde~, tAe ; ri6bt to receive and ?etain ~ch rents, iuua snd pro(its. a (b) A1) judaramb, awudt o[ duaa6a and setdemmts hercatter taade as a rr~ult ot ar in lieu o( any takins of the ~ premi~a or any pan thereot unde~ the power of emi~eat domain, or [or anr dsmase (whethe~ taused by such tatina w otDerwise) w the p?emiKS ~ the improveaaeuu tl?ereon or any put thereot; such part ot aar such judament, award o~ settkment, as the ~ Mortaa;ee mar dect to be applied w t6e iadebtedaas hcreby securecl and the balance thereot. if anr, to be rc~erved to the ~ parq or pania othenviu entidetii thereto. t TO HAVS AND 1`O HOt.D the above Sranted and described premisa to the uid Mortgasee, in successon and a~signt. 5 forever~ and tke said Mo~tsaaor doa herebr fuUy warrant the titk to uid ~laad. and will defend the same a5ainst the lawful F daims ot all penons whomsoever; pmvided alwaps thst if Morcgagor shall par to Mortaaaee that certain promissory ~ote above ~ descnbed and sbaU per(orm aU othe~ covenanu and rnnditions ot sai~ promisso~p note~ and ot any renewal, a~teasion or modi- ficati~ thereol, and of ~his mortsa3e. then thi: mortgage and the atate henbr created ihaU cease and be null and void. Mortaiaor further coveoant: and agces wit~ IKonsasee as foUows: l. To pay ali sums indudin6 interat secured hereby when due, a~ pmvided [or in iaid pmmis+ory note and any rcnewal. extension or mod~fication thereof and in this mortaage. aU :uch :ums to be payable in lavrful monep of the Uaited Sata o( Amcric: at Mortsagee': a(oresaid principal o[fice. or at such othe~ place u Mortsasee may daisnate in v?riting. 2. To pay when due. and without requirina any notice tmm Mortaasee, aU tues, assessmenu of a~y tppe or nature aod other chuges levicd or asussed against the premixs hereby encumbered or any interest ot Mortaage t6ercln. To immediately par and disehar6e any daim~ lien or rncumbrance against such pre~nises which may be or become superior to this mortsage at~d to permit no de(ault or delinquency on anr other lien. encumbrance or cbarae asainst :uch premises. 3. If required by Mortgagee, to alw mate monthly dtposits with Mortgasee, in a non-interat bearina account. . toaether with and in addition to interat and p~incipal, o( a sum equal to onc-twd[th of ihe yearly taxa and as+euments which may be levied aaainst the premises, and (it so rcquired) one-tweUth of the ycady premiums for insurance thereon. The amouns of such tua, a~essmenu and premiums, when unknown, shaU be estimated by I?iortaagee. Such deposits shall be uxd by Mongaaee to par :uc6 taxa, a:sesunenta and premiums when dua A~y insutficiency o[ :uch account to wr ~.ch eharaa when due ahaU be paid by Monaagor to Mortsagee on demand. I(, by reason of anr default br Mortaagor 'undet any pmvision of this mort- ~ sase, Monaaaee declara all sums secured herebp to be due and paYable. Mortgagee may then apply any funds in uid account a6ainst the entire indebtedneu securcd henbr. The enforceabi6tr of the rnveaana relating:to tua, as~asments and insu~ance prcmiums hercin otherwix provided shall not be affecteei except in so tar as those oblisations have bern met by compl'iance with _ this para~raph. Mongaste may (rom tiroe to time at its option waive, and atter any such waive~ ninstate. anr or all provisioru hereo( rtquirins such deposits, by ratice to Mortaasor in writing. While anr such waiver is in eftect Mortgasor shall pay taxa, anea~menn and ins}+rarrce premiums u herew el:ewhere provided. . f 4. To par all taxes, samp tan or other c6arse which raay be asussed upon this. mort~aae, ot said note, or indebeednas ~ secured bereby. without .Regird to any _ laMr. Federal or State, heretofore or hereafter enacted. imposir?6 paymrnt of all or anr part thereof upon Mortgagee. In event of mactmmt o[ anr law imposin~ payment of aU or any portion of any such wca upon Irtortaaaee. or the rcndering by anr court ot last raort of a decision that tMe undertaking br Mortsaaor, as herein provided, to par such tax or tua a legally inopentive, tl~en, unleu Mortsagor neverthdeu gay~ wch ta:es. all sums hecebp secured~ vvithout an~ deduction, shatl at the option of Mort6a~ee become immediatdy due and paraWe, notwithstandins anpthina contained herein ~ ' or anr law heretofore or herea(ter enactrd. ~ S. To teep`the premises insured asainst ios or damage-br ~re, windstorm or acter.ded covetaae and such other huuds as 4 mar be required by Mortgagee, in form and amounts utisfactory to~ and in insuru~ce companies approvcd bq Mortga6ee, and wit6 xceptabk mortgaaee lou payable clsuta ittlttlta. S11CZl Q6IIGp~ tOatlbK vrith such abstracu u?d other titk evidence as ma~ ~ be required bp Mortgasee, shall be delivered to and held by Mortsaaee vrithout liabilitp. Upon forecbsu~e of this mortgage or ~ other uquisitio~ of the prcmisa or ~~r ~~~rcot ~~ong~ae~, said policia, abstracts and tide evidence ~all become ~~e ab~olutt {xopertr o[ Mortgaaee_ 6. To Grst obtain the v~rritten consent ot Mortsaaee. such content to be ~ranted or withheld at ehe sok diacretion oi such Mort~aqee, be[ore (a) removing or demolishina anr t„,~w~,na now or hereafter erected on the premises, (b) alterin~ the arran6o- - ment, daiRn or structnral chancter thereof, (c) makins anr repain Mrhich involve the removx! of ttructural parts or the exposure of ihe interior of mch buiWins w the demrnts, w(d) accept for domdtic purpwes, cutting or removing or permittins the cutting and removal of anr trees or timber on the premises. 7. To maintain premises in good condition and repair. includina but not limited to the makina of :uch repain as Mortsaate may trom time to time determine to be necesary (or the pressrvation of the premius and to not tommit nor permit any waste tiiereef. 8. To comphr with a11 laws. o~rdinaaces. resulations, -covenaAb. conditions aad restrictions affectins the premiw. and not _ w suffer or permit anr violation thcreo(. ~ ~ _ 9: If Mortgaaor faib to pa~ anr claim, lirn or encumbrance w6ich is wperior to this mortgage, or, whm due. aar tau or asuument or insunnce premium, or to _keep the premises ~in repair. or ~hall commit or permit rraite, or iE there be commenced anr action or proceedin3 a[tectina the premi~es or the tide thereto, then Mortgaaee, at its option, mar ~.,r sa;d ctz;m, lirn, encum- bcaace, tax, anesunent or premiuro. aith riEht o( subrogation tbereunder, may make such repain and tate such step~ a~ it deans ~ advisabk to prevent or cure such waste, and may appear in anr such action or proceedins and rctain counsel therein. and take wch action thuein as Mortsaaee deeau advisable, and for anr of said purposes, Mortgagee may advance such sums ot mone~r. ~ including atl casts, fea and otber items ot expen~e as it deem~ necessary. MortgaSee shall be the wle judge o[ t6e leaalitr, validitr and priorit7~ of anr such daim, lirn, encumbnnce, ta~c, anasment and premium, and oI the amount necasary to be paid ~ in sati~faction thereof. Mortgasee shaU not be 6eld accountable Eor anp ddar in maken8 anr such paymmt, wt?~ch a~ur ~~r rault in any additional interat, cost, charaa or acpense otherMrise. ~ 10_ Mortgagor will pay to Mortsa~et, immediatelr and without demand, aU sums of money advanced-by Mortgaaee pnna- ant to ehis mortgase, toaether with interest on each such advancement at tlie nte o( ten per cmt (1(3~0) per annum. and all ~ such sums and interest tlureon shall be securcd herebr. 11. AU wms of money .ecur~d heKbr shsU be parabk without any relid whatever irom an7r valwtion or appraisanrnt lavr~. t2. It default be made in payment ~ anr iratalmrnt of principal or interest of said note or ar~ put thereof «6rn due, or in papment, whrn aue of anr other sum ~ecured berebr. or in performance of anr of Mon~• oblisatiotu. eovaianb or a6reema~u hueunder, al! of t!u indebtednea ucured hae6y shall becane aad be immediatelp due and pa~rabk at the option oE 1~(ortaasee. without nocice or demand which are 6erebr e~cpre~ waived. in which event Mort~ee mar avail iuelf o( all risha and remedia, at la~+ or in equih~, and t6i~ mortsase mar be (oreclosed with all rishts aad reaxdia atforded bp the lav?~ of Fbrida and Mort~a~ ~hall pay alf cosu. charga and a~pen~a thereof. includina a rea~onabk attorne~s fee. ~ c ~49 P,,~E 8g5 . - = ~ ~ - ~ ; ~ - - -~-~.`~`w, ~