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income, profits, ~ssues and revenues ore hereby mortpo~ed as if spetificolly set forth o~d deur~bed ~n ~he 9rontinp ond hobendum ~
clouses hereof, end such receiver sholl hove oll the b.aod and effective fw+ctions o~d pow~~s in ony wise entrus~ed by o toun to o j
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reteiver, and such appointment sAoll be mode by such court os an admitted equity ond o matter of obsolufe ri9ht in M~ MoMpa9ee, ~
ond without ~eference lo the adequocy or inodeqvacy of the volue of the property mort~o9ed, or to fhe solvency or insolvency of !
the Mon9ayor and/o~ the defendam. and sah ~ents, p?ofits, income, issues and revenues shall be applied by ~he r~c~ive~ occordinp
1o M+e lien or+d%or equ~ty of this na?tyaye ond Me proc~ice of svch court, ond such cppoi~~ment of receiver sholl b• withouf notic~ '
to any obliQor hereunder.
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NINTM: The Mortqo~o? he~ebr woives all ri~hts of Aomes~eod ond exemption p?onted by the Co~stitu~ion ond lows oi t
fbrida. It is spetifically c~reed Mat time is of the essence in this controct ond H?at no waive~ by Me Mortqoqee of ony obli~otion ~
hereund~~ or of the obliyotion secured hereby sholl ot anr time Mereof~er be held to be o waiver of Me terms hereof or of the
obli9otion secured hereby.
TENTH: Upon ony scle, tro~sfe? w conveyonce of the praperty he~ei~ desc~ibed ond covered by this Mo.tpo~t ro oMr
pe?son, firm w caporotion, whose credit-worthiness hos not bcen opproved in writi~p by the holder of this Mortpopt, the Mortpopee
or holder sholl hove the ri~ht, ot its sok option, to ottelerote the motu~ity of this Mort~ope os thqiph it w~re due ond poyobl~
on the doy of such transfe~, if upon nofice o( said tronsfe?, the.Mortyo~ee a hotder hos qood ?eoson ro believe thQt the secwity
of the Matflo~ee or holder hos been hormed or ploced in jcapordy. The 8o~k sholt receive a complete current finoncial stoM-
ment i~ o form and presentotian sotisfoctory to the Bonk
aE1/ENTM: If foreclosure proceedinos of onr seto~d nwAya~e or sacond tnnt deed or ony junior lien of ony kind should
be instifuted, the Mo~t~opee moy, ot its option immediatelr or the?eofter declare this na~t~o~e ond /he indebtedness setured
I+~r~by due and payabte. ~ .
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TWBFTH: That in the ev~nt the pren+ises hsreby mort9a~~d, or anY part Mereof, shall be condemned and taken for pubtic
use under the power of eminent dompin~ the Mort~a~ee shall hove the riqht to denwnd thct oll donw~es owarded for the fakin~
of or domo~es to said premises sholl be paid to the Morf9aQss, up to the anaunt then u~+paid o~ this nwnpc~e ond the obli~ation
secured herebY a~d moy be opplied upon the payments Icst parable under thi: nart~a9e and the obliQaHon secured herebr.
THIRTEENTH: That instcllmenri, payable w~der the tem~s hereof ond the note secured hereby, not paid when due, sholl be
subjett. ohe~ Rfteen ~15) days from the due date thereof, to, ond it is a~reed Mo?tqa~ee shall cdlsct ~hereon ond therswith, o
"late chor~e" in the omount of four per cent (4~) of the insiallment due upon eath such delinquent irntoNment, ond wch "late
charyei' are seared br fhe lien hereof.
fOURTEENTH: Without impairin~ 1he obliqotio~s of Mortpapw contained in porapraphs SKOND, THIRD cnd fOURTH
hereof, and for application to the purposes thersof insofor ~os ihe same sholl be wfRaeM, Mwt~aqor shall, in cddinon ro M~e
monfhh? parmenfs of principcl ond infe~est os stated in fhe ori9inol nate (ond in fhe nofe o? notes secured herebr) provided fo be
nwde. Par a nanthly swn ond omount equal to one•twelfth (1/12) of the estimated anwal taxes, auesunents ond inw~anc~
pr~miums upon the real estate securit~r, as ihe onauM thereof is dete?mined from tinie to time by the Mon~apee.
RFTEENTM: That fhe Mort~a~or shall fumish annuallr, ot the request of the Mortgaqee, finor~iol statements in form ond ~
certified in a manner satisfoctory to the Mort~o~ee. ~
' SIXTEENTH: This nwrt~o~e olso sewrn anr ond all renewol: and extensions of 1he promissory note referred to he~ein ond
~ secured herebr, ond all installmenh thereof, and olso onr other notes which have been or may be given to the Mo~tya~ee br the
~ Mortqa~or, and any olher indebtedness of the Mo?t~a~or to th~ Mortgogee which, however, sholl not exceed et onr one time
the a99re~ofe unpoid printipol wm of----~ - ~ all~ I]~~1 , ~
- - - - - DollarslS3Q~00D~QQ 1, ~
it bein~ fhe specific intention that further advances may b~ made br the Morl9o~ee a? its opfion to the Mortyayor, either prior to ~
or after the dve dates of the obove referred to promissory note hereby sscured; and this mortga~e is qiven for the specific
purpose of securiny anr ond oll indebtedness bY the Mort~a~ot to the Mo?t~e9ee in whatever monner the same moy be evi- ~
denced or represented, until this rtartQape is sotisfied of record; ond oll ooveoonts ond o~reements contoined in this nartqa~e
shall be opplicable to oll further and future odvances mede br the Mortqoyee to the Mortpeqor ond oll other indebtedness of
Mortqapor to fhe Morf~aqee, and any ond ol) renewols or exteiuions ther~of.
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