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Home My WebLink About0793 ,~t~ ~ . account to pay wch c6arges w!?en due shaU be paid by Mo~or to Mortp~ee oa dea~and. It, by rea~on o[ any default by Mortaesor under any provisioa of thi~ Mo~a~e, Mortpses declares a!1 w~ms asi.vred hereby to bs dus ar~d payable. Mort~ases may tben apply any tund~ in said acrouat agaimt t6e eatin iadebledne~s aeeured bereby. Tl~e entorreabitity ot ths cavenanb rslatins to ta:a, arau~b aad ia~rancs pnmiuor M~ein atbe~wire ptovided sbdl not be a(fected ezoept i~o(ar as thws obli8ationa hav~s bsea met by oomplianos ~ritb thi~ p~ns~apA. Martaa~se a~y trom time to time et ib option wniv~s, ated atler. any ~uc6 v~aiver reiaNat~? u~r os ap P~ ~'e4~W ~~bl bp ~otios to Mortgasor ia writins. Whits any wac6 wraiwr i~ in ~t~ct, 11lortp~or ~hall p,~ tau~ areraieub aad itwueaoos pe~niums as herein eloswh~rs provided. - 4. To P~PUY PsY aA ta~ce~ and aMe~aneats awe~ed or levied uodsr sod b~r riet~e d sny state. tederal. or municipsl law or re~ulatio~ bareaitar p~wed. asaird Morti+~es upoa this Most~ap o~ ths debt Iwrb~r ~ecured. os upoA ita iaeere~t uader this Mosl~aae. Peovidetl 6oweMer. tbst tb~ toW amoud ~o P~id [or aay wch ta~s putawnt to this WrnsrePh to~eth- er wiW tbe iaterest p~,yable on wd indebtdne~s sh~~l ad e:osed tbe b~ hwful rate of int~enrt in Florida aod provided _ further t6at in t6a eYeat ot tlw P~ws~ nt aq~r ww~ lawr o~ ra~ul~tioa iaoposin~ a ta~c or are~meat ap~ind Mortaaaee up- on ttw Mortaaae or tbe debt secured hereby, tl~at tbe eatire iade6tedow ~red !ry tt?is Mortaaae ehall tberenpon be- com~ imnaediately due and peyable at tl~e optiou at Mort~e~ . b. To ke~p Ws Mort~od ProParU? iawtrsd +~itit las or damate b7? Fue~ aod aU Perils iawred esaind bY an es. tended rnverase endor~ement, and such otber risks and perils as Mo~t~ee iu ib d~rretiop may require. Tt~e poticy or poUcia~ ot snch Inwaaoe ~6aU be in tbe totm ie ~e~et~l mi fras tims tio time is tlie loadity in wr6ic6 the Mortgased Property is situated. ~hall bs in wc6 amount a~ Mort~ee m~7 raronaW7 req~iie. ~11 be i~~ed bp a company or companies approved by Mortaajee, and shall ooataia a daadaed n~urt~ee cL~e wit6 lws psyabis to Mort~agee. When- ever required by Mortaajee, auch policie~. ihall be de4v~ared i~mediate~r to su~d beW by Mort~ee. Any atd a11 amoun4 reoeived by Mortsaaee undet an,y of nte~ policies m~y b~ applied b~r llortsaa~e an tbe isdebtedae~s ~ecured 6ereby ia such manner a~ Mortaagee may~ in its sole di~cretion, eket or. at tbe optioa of Mort~ee~ Z6e entire amount so received or any part thereof may be relewsd. Neither tbe applicatioa no~ tlw t~eiaw a[ a~ sucli amounts s6aU cure or wraive any detault. Upon euercise ot the power ot aale `iv~an in tbis Mor~s or ot6er scq~ition of We 1~lor+a+iE'ed FropertY or any part there- ot bp Mortasaea, sucb P~~ ahall become t6e abol~~e p~opertp o[ Mortp~ee. 6. To Cust obtsia the wtittea co~ent oE Modpsee. wu6 eoesent to be grsnted or a?itA6eld at the iole discretion oi Mortaaaee. betoTe (a) t+~o~vina or doawWhina any buildina naw or bere~fter erec~ed oa t6e premi~es, (b) alterina !he arranaement, deasn or structurel c6aracter t4ereof. (c) makiu~ an7 iep~its wLicb imdve tbe remaval ot dructurel parts or the expos~ce of the interior ot s~cL bniWina to tbe demeob~ (d) ~ or re~avin~ a~ permitti~ the cuttina and re- moval ot atqr trees or timber on t6e Ma~ed Piopett9. (e) t~ovin[ a ez~n~ anl? t~bie Peraonsl P='oPgrtY which is part o[ tbe Mort~ed Property. or (n eaterias inb or modifyius aw? leres d the Mort~ed Property. 7. To maintaie tl~s Mort~ed Property ia ~ood~ra~itioa and e~epiu*, iuclod~ 6irt not limited to tLe makina ot auch npairs as Mortaa~ee mar Erom time to time debenioioe to be ae~wr~r ior tbe p~se~vation ot t6e Mort~ed Property and to not commit or pemsit any rraste tbeseoi. ~ 8. To comp7y wit6 all laws. ardinance~„ reNlatioa~. oo+~eaaab. coaditions and e~estrictio~ aftectina the Mortgaged Property. and not to sufter or permit aqy? viol~tion Wereo~ 9. If Mortgaaor faili to pay aqv claim, lien or eacumbzanee .r6ich is wperior to this Mortaaae, or w+hen due, any tax or assesdment or insuratwe premium, or to keep the Mort~ed Prope~ty in e~ep~ir, or :bal! commit or permit waste. or it" there be commenoed 8p}/ aCtlOp or proceedir~ aftectina tbe 1[ort~ed Propert~ or the title tbereto. or tl~e interert ot Mortgeaee- tberein, includins, but rwt limited to, eminent domann aod benkruptcp or reoe~aai:atioa pmceedinas, then Mortgagee, at its,option, mar rar .aid dsim. 1ien, ~cu~'anee. tu, are.a~ent or prem;um, wit6 ri61,t oI wbrogation tliereander. msy malce ~uch iepain and take s~xfi steps as it doems sdvia~bie to pieMeet or care auc6 waste, and may appe~tr ia any such action or Procae~n~ aad retain ooumd ~ aad tats sve6 aetiao tberein as Mortaasee deems ad- vinble, and Eor anY ot suc~ purpwe~ Mottga~es m~? advasc~e sucb wms ot mone~?. indn~ias all cash` re~sonable attorney's tees and otber item~ of ezpeme a~ it deems nece~a~. Moit~~ee ahdl be the sole ju~1~e of tLe ie~alit~ validity aad priority ot aay wt~ claim, lien. eac'.umbsanos. t~. a~eaR adi praonatm aud d tbe amo~unt neoe~a~r ~o be paid in aatisfaction tbereot. Mort~ee shslt ~rot be held ao~ouatable fo~ any ded7? in mskini ~1 ~ Pal?ment, whicb delay a~ay e~ewlt in any additional interest. oosb. dtar6e~,, e:Pen~es or olbeewi~e. 10. Mottgagor will pay to Moctaagee, immediatdp and wit6out demand. all wms oi amoney sdvanced by Mortgagee to protect tbe secnrity bereof purauant to this Mort~~ indadins aIt rosL, ~onab4 attoruey's teea and otber items o[ E ~pense. together with intered oa each wch advanoement at tLe bisbat lawid ra4 ot iaterest per annum in the 3tate ot Florida. and all such wms and interest thereon ahall be secured 6ereby. i ~ 11. AU sums of money secured bereby aba11 be payeble wit~out aay rdiet wl~te~aer fran any valuation or appraise- ment laws. 12 IE default be made in peyment ot eny instalmeat o[ pcinoip~l or inte~eat of t6e Note or any part t~reo[ w6en due, or in psymeat~ wbea due~ or any other sum secared bereb~~ or in pertorm~aoe o( auy of Mort~or s obligations, rnven- anta or agreements hereunder, a!1 ot tbe indebtedneas aecured Lea~eb~r sbaD becnme and be immediatdy due and payable at tbe option of Mort~ee, withoat notice or daoand wr6ic6 are 6e~+eby ~pre~dy .saived, in w6icb event Mortaasee may avail itself ot all ria6b and remedie~._at lawr or in equitY, aod this Morfaa~e msp be Ioreclo~ed with att riahtr and rea~ediea aifor~d by tbe laws of Florida and Mortaaaor ahall pay all casta. chat~es and e:pe~es tbereof, inelodins a zrasonabie attorney a fee, including all snefi cosb, ezpensea aod attorney's fees tor an7 nttid, ed~rin~ or appesla. The indebtedneas secured 6ereby shall bear interest at the hi6hed lawtul rate of iatere~t per annum m tbe State ot Fbrid~ froa~ and after t6e date of any wcb t~[ault of Mortgagor. If the Note provides tor inN~lmeat peymeab, tbe Mort~ee msy. at iL option, oollect a late charge not to e:eead two cents tor each o~ ddler not paid eo the Mort~ee wbea dae, to r~mbarse the Mortgagee for ezpens~ in collectins and servicin6 such instalment peyments. 13. It detault be made in payment, ~v6en due, of any indebtedne~s secvr~d 6erebp, or in per(ormance of any ot Mortgagor's obligations, covenants or asreement hee~u~der: (a) Morfaaaee is authorized at any time, aritbout notic~ in its sole discretion to enter upoa and tnke po~eeesion of ~ the Mortgaaed Property or any pact tbereol. to petform any acb Moit~ee deems ~r]? or ProPer to coi»erve the ~ecnrity aad to collect and receive all renb, iasoe~ and protits the~eof, indodina t6o~ ped doe as well as those acrruing thereatter; and ~ (b) Mortaegee ahall be entitled, as a matter ot strict ri~, witLoot notioe and ripade, ard vritbout regard to the ~ value or occupency of the secnrity. or tbe solv~ency ot Mortpaor, or the adeqoai.y? ot tLe Mortpaed Property as aecnrity Eor t6e Note, to 6ave a reooiver appointed to enter upoa and take po~ewion ot tbe Mort~ed PropertY. collert tbe rents and pmtib tberetrom and apply tbe same as We court may direct, a~nc6 reoeiver to havie all tbe ri~hb and powea permitted ander'the laws ot Florida. In either ach case, Mortaagee os tLe reoeiv~er may also take posea~ion ot, and tor tbe~e purpwe~ u~e, any and aU personal pmpetty which is a part of t6e Mort~ed eroperly and u~ed 6~ 1Nort~or in t6e r~tal or iea~ina thee+eof or any pert tL~reof. 'I'6e espeme (ind~djns e~soeive:'~ fe~s. owo~el fee~. cwts and a~enY~ oompeasstiwi~' pnrwant t ti~ to t6e paweis Mrein contained ~lull bs ~sa~rd bersby ~to~ee a1~11 tafber ps~t ot all aosb and' incnrred) t -z- R ~ ~ . 5~274 ~ 79~ . . , -r', j . . _ ~ - .