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:i~•ruw~t to ~u~y ~curh ~•h:~rgrs Nh~•n dut• xh:~ll IK• ~?:ud i~v Atuttg:~y;ur lu MurtK:~K~~e up t1c~tD~~. I/.~hy ~w?ut :~ny d~•I~~ult
by h1o~tK:~Ku~ undrr :u~y ~?ru~~Kiu~~ thiy Murtgag~•, I1lurlg:~g~ti~ dr~•I:~ma :~II xu~nrt sr~•unrf h~•~el~y lu~itY :~nd ~~a~:~l~l~•.
!1SurtR:~Kce r,,;,y ~heo ;ipply uny (unda in H:~id ni•cuunt ax;unxl the ~•ntirn indehl~vlnrew :u~•unyi h~•mhy. '1'hr enl~irc~:~L~IUy ot
th~• ~y~venantx nL•~t~ug tu tuxrs, usaa~u~ruta w~d ~r~ur.~nce prrmiunui hrrein uthrrw~rx• pruvid~d ~h~ll nut i?r a11~~•ttrl ~x~•ept
i~~,far as ihu~ obliKut~uua lu~ve (xx•n met t>y cumpliun~•e with thix ~wn~Kruph. Murlgaigtr n~ay (rum hme ta Ume at ~Is
option w,~ive, and ~?Ite~ any such w~~i~•~r rrinxtute, :u~y or all pruvisiuna hrrcw( n~c~uiring auch cIN~H,sita, by ouUi•c tu
111ortgagur in wriling. While .~ny su~•h waiver is in ell~~•t, MurtKi~gor xhall ~?:~y lax~~c, a,:xesxrnenla und imu~am~r pn~m~umx
:is he~~n elxrwherr ~~ru~•id~d.
4. 'Ib prompUy µry all iax~~s and :~tiw•x..nu•nls :~..w~k~u~cl nr 1~•~~i~rl under und by viHu~• ~~I a~y xt:~t~•, ii~li•r.d. ur munic•~~~al
I:~w or rrgul:~t~un h~~rc~fte~ ~r.wxwKl, :~guinsl AturtKag~v~ u~x,n thiv MunRage or thc• d~•b~ hERhy se~•un~ci, or u~H,n its interrsl
under this 111orfguge. pro~•id~d huwever. thut the totul amuunt :u~ ~x~id (or uny such t:~x~~s {~unuant to this ~u~r.~Kraph tuKrth-
~•r w•ith the intrrea~t {Hfyablr un twid indebt~~ln~•~ss shall not ~•xcati~cl the high~~t law(ul rat~• ~?1 ~ntt~rest in h'lurid:i :~nd ~~~ovid~•d
furthrr th:~l in the e~•eM o( the ~?:~se:~ge o( :~ny such I:+w u~ ngulat~un im~wsinK u tax ~~r :~+u•s;smrnl :ig:unat A1urlguti~ti• up
un this MorlKaKr or the drbt kY•un~! hrrehv. Ihul tht~ .•nt~m in~l~•blt~ln~:tiv wY•urcYl h~• thi~c MortK:~K~~ .h:~ll th~•n•u~N,n iN.
~'om~• ~mmctiliately due au~d ~H:yabl~• nt the uption of MortKuK~~c~.
ri. To kc~•p the 111ortgugrd Yro~xNy insurc~cl :~g:~inst lu~ or d:unu~r by (im, :u~d :~11 ~xrilx ~nsun•d :~Ka~n,l by an ~•x
t~•nded co~•r~:~KN endur.u•mrnt, :ind su~•h othi•r riskx :~nd ~?rrils as Mor1g:~K~~c in its diK~•retiun muy n~pun•. '1'hr ~x?!i~•y ur
IN?li~•i~~s; o( such insur.~n~•r shall I~e in the lom~ in K~•ner:~) use fn~m tim~~ tu t~mc• in th~• la•ality in w~hi~•1~ th~• MortK:~K~til
1'nqx•rly is r~tuat~Y1. xh:dl Ix• in su~•h :m~ounl as ~1nrtKay;~~ m:ry rnuson:ibly n~wre, sh:~ll IK~ ISRUIYI I~y a rompany nr
~•on~paniex appro~•c~l by T1~~rtKaR~rr, :~nd shall i•ont:un a~tandani mortK:~K~Y• ~•I:w~• w~th loss ~r.~yabl~• to A1orIK:~K~~•. Whi•n-
ever n•yuimd by Mort~a~~~, su~•h ~H,li~•i~•s, .hall t~• de•li~~•nv) imnuKliatE~ly tu .~nd h.ld by A1ortKaKtr Any :ind :~ll :~muunt.
nrriviVl by i~torlK:~Ri~ und~•r any uf sui•h ~x~li~•i~~c m.~y Ix• ap~iliiKi hy MurtR:~K~r on !h~• indebl~~dni•c~ u•~•uri~1 h~~n•bv ~n su~•h
manner ax 111ortK:~a~~ ma~~, in its wl~ diw•reUun, ~lev~t or. at the uption o( 11orIK:iKcr•, lhe i•ntir.• anwunt M~ rev~•~v~Y1 nr anv
~~ari th~rwif m:~v t?e relc:~sec1. NPither th~• a~,plication nor the ml~:~wr.f any su~•h :~muunls shall ~•ure nr w:ii~~~• am• de[:wlt
l?~M.n Nx~•n•iw• of the FN)WYr ot s~ile Ki~•en in Ihis MorlR:i~e ar ntht~r a~•yuisit~on ~~f th~• ,~1ortK:~K~~c1 1'ru~x•rty ur arn• ~?:~rt 1h~•rr-
of hv 1liortg:~Kee, vui•h ~whi•u~ s~all 1K~•ome th~• al~lute pm~x~rty n( l1l~irt~;:~Kt~~•.
fi. 'I'o (ir.ct oblain th~ ~+ritl~•n i•onsc•n! uf illurt~;:~Kcr•, su~•h ronu•nt tu IM krantwl or ..ithh~•Id :N Ih~• ~ul~~ ~1t.~•rrtiun ul
MortKaKre, IK•lure 1:~1 removinR or dt•mulishinK :~o}• huildin~; nu~v or hi~n•:~ftrr ~•n~•tivl un th~• pn•~~u~~s, Ih1 :~It~•rin?; th~•
:~rranKrmt•nt, df~s~Kn ur ytn~ctural ~•har.~ct~~r ~h~n~~r, i~•~ m:~kinR any n•~r.~irs w•hi~~h imul.i~ th~• rrmov:~l ul stru~•tur.~l ~~.ir~s
ur Ihe ~•x~x~sure o( the inlenor u( sui•h bwldinR fu tht~ elrmrnt!c, Idl cuttinK or n•~nov~r~K ur ~K•rmithnK thr ~•uttinK nnd n•-
~nc~~:~1 u( :~ny Ire~~s ~~r timl~•r on th~• A1orlKaKetil Pro~N•rtp. 1~'1 n~mo~inK or ~x~•1?anKin~; :~ny tnnKil~le~ ~N'f1QIl:lI ~1~l1~N•rty wFu~•h
ix ~r.?rt ~~f ~h~~ !11nrt~;:~~;~v1 Yru~K~rty, ~~r 1 f 1~•nl~•rinK int~~ or ~nudify~inK :~n}• I~•au•+ o( th~• ;11urt~;:~k~~ci Pro~,e•rty
7. '1'o maint:un th~• l~1orlKaK~Y1 Yro~x•rty ~n K~Kx1 i•ondiliun :~nd n•~~:ur. ~n~•ludin~ hut n~,1 lim~tcvl to th<• m:~k~nK uf .u~•F~
m~r.~~r.c as A1ortRak~~• nuiy lrom timP to t~mr d~•t~•rm~ne tn Ix~ ~~~~cex~;:~ry lor the prru•n:~tion o( th~ MortRax~~cl f'ro~N•rly and
tn nut ~•ommit or ~x~rmil :my w•aste thvnY?(.
K '1'0 ~•u~nply wilh :~II lawx, urdin:~n~•i•s, m~uL•~tiuns. ~•~ni•n:u~tti. ~•un~l~Uunv nnd rr~tri~•tiuni :~tl~•~~t~nK th~• ~turt~;.i~ivi
1'nqK•rty. and uot tu .uil~•r ur ~N•rtnit :~nt~ ~~ul:~t~un thi•n~~f.
S~- !1lorfkay,ur I:uls tu aie}• i•L•utn,- (~~~n ur ~•ncun~hr:u~~•~~ wh~~~h ~s su~r~•r~or ~u tht~ \1ortK:~k~•, ~~r ~he•n du~•, :~nv l:~x
ur atiticc.mc~nt or insurnnrc ~in•m~um, a~ to k~rp th~• 11or1kaR~•d Yro~xrfy u~ nyr.ur, ~~r +h:~ll ~~ummil ~~r {x•rmit w:~sti~, ur ~f
Ihem 1~ cummencE~d :u?y acti~,n or prr~~~tvY1~nK alfcrt~n~; th~• 11orfRaR~Y1 I'ro~x~rty or th~~ tiNe themto, or the iM~n•st ot
M~~rtK:~Ree therein, in~•IudinR, bul not IimitcYi to, ~•min~nf dom:~in and b:inkrupt~•y ~~r n~~r~anization pni~•eevlinRs, th~~n
Mort~.~~re, at its option, maY pnv !s:~~d i•laim, lien. ~nrumhr.~n~•~•, tax, asx~+ment or pn•mium_ w•ith riRht ot subroRati~,n
th~•reunder, m:~y maki• Rui•h rep:~irc anc~ t:~ke su~•h vt~•ps a~ it d~c•ms :~d?~is~l~lc~ tn pre~•c~nt or ~•ure su~~h N•:~str, :~nd m:~v
ap~K•ar in any su~•h actinn or ~?nK•Er~dinK :ind rrtain .•ounu~l lhem~n. :~nd take su~•h :ictic,n themin as l4lortKaRi~• d~•rms :ul-
~i~:~blc~, and (or any ot su~•h pur~N~si•K ~1ortKaK~r m:~y ad~:~n~•e su~•h sums money, in~•IudinQ :~I! ~•usis, rras~~nahle altunn•y~'s
f~ti~ :~nd other ilrms u( rx~H•nse as ~t drern~.ne•~ t:~.v~ry. 11urtKaKt~~ sh:~ll iK• the sule judKe uf thr I~•K:~lity. ..~i~d~n• :~?~~i i,~~~,~~~.~
uf any su~•h ~•I:iim, lien, t•n~•umhr.+n~•~~, t~~x. :~~w:ti.,ment :~nd pr~•miwn :u~d uf th~• amount n~k•~:cti:iry G~ t~e p:~ul in ~:~Us(actiun -
therfti~(. MurtK:~R~~c• sh:itl not IKr held :i~ruuntaLlF• fur any drla}• in m:~kin~; ar~y tiu~•h ~r.~}rn~•M. whi~•h delay ma}• rrsult in
:~np additiunal interF•st, ~•utits, charK~~s, i•x~x•nsrs ur oth~n.~is~•.
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10. MurtKa~ur ~+i11 ~~a~• to MortKaK~y. immiKlt:~t~~ly :~n~i ..•ithou~ dc•niand. :~I) sums o( ~noney ad~:mr~•d h~~ MortK:~~;~.~•
~ to ~~ndE•~•t fhe u~vnly h~nr~f putsuanl to th~s M~irtR:~K~~, in~•IudinR :~II ~~~~st., rc.~~unahl~ attornc•y'c 1~~ nnd ~ither itrms n(
~•x~~ense, toRether N•ith inl~•rc~st un ~•:u•h su~•h :id~•:~n~~~~ment :i~ ~F1P hiKh~~st 1:~w•tul r:~te u( inten•xt ~x~r annurn in th~• tit:itc• ~~I
Florida. :~nd all su~•h sums an~1 inti~n~f the~mon tih:~ll Ix~ sF~•umd hPrehv.
~ I1. All tiums ~~f rnon~•y .i~~•ured h~•n•h~• shall IH• ~r.~vahli• ~~ilh~~ut :iny n•lit~l ~ch:~tr~~~r frum :~ny ~:~iu:~tion ur a~~pr:us~..
( mrnl I:~w~.
!
~ 1'L. 1( dc~l:~ult tk• made ~n payme~H uf :iny in~t:~ln~~~nt of ~?rini•ip:~) ar ~nte•rt-.t o( th~ Nutc~ .,r am~ ~iart th~•mnl whrn
~ duc, ur in payment, w~h~~n duf•, or any uther sum .~~~•unrl h~~n•h~, or In ~x rform:~n~~f~ ot :~ny nf :11orlKaK~?r~s ublik:dions, ~•o~~en
:~nt. ur:~Krtymenta her~under.:~ll of th~• ind~•bt~•dni•~c s~•~•un•d hi•n•Iry tihaU f~c•~-ntm• and !k~ ~mmiYli:~t~•ly dui~ and p:~y:~hli• at Ih~~
o~dion o( ,11or1K:iKee, without noti~•e or de~n~and whi~•h :u~• here•Irv expre•s,ly N:~i~~c~l, in whii•h e~~~•nt MortKaKi~e m:~}• acail ~tM•11
~~f .~II riKhts and remrdi~~s. :d L•~w or in cY~~nly. :~nd thi~ 11urtKaKi• m:~y IK• (nrtK-low~d w•ith aU rights •?pd rem~ies :~((ordtKl by
th~• I:~ws of Fl~~rida :~nd MorIR:~Ror shall ~r.~y :~11 ~~ustK, ~•harK~~, :~nd .•x~?c~n,es therc~?(, in~•IudinR :i reau~n:~ble :dtornP~~'s 1~~•.
in~•IudinK all su~•h ~•utits, rx~~m~u•s :~nd attorni•~•'s fi~•s !or :~ny n•frial, rf~he:~rinK or ap~x:~ls. The indebtprlnrss tiw•umd herFbv
shall I~c~ar ~ntcrE~vt at th~• hiKh~~st L•iwful rate uf intt•n:tif ~K~r annum in thf~ 5taf~• u1 Florida frum and a(t~r thP datt~ o( an~•
su~•h d~•L~ulf of A1orIKaKor. If Ihi~ I~Iotr pru~•i~ltw (ur ~nstalment ~?at•m~•ntv, the 111ortK:iRet> may, at its uptiun, collcrt a laf~•
~•harKE• n~~t to i•x~•~~Yl twn ~•i•nts (~~r ~•a~•h un~ doll:~r nol p:~id to thc• .'11~?rtRaK~•e wh~•n dttc~. to ?riml~uru• Ihe :~1c+rlKaKer for '
~ ~•x~~•nw~.r in ~•oll~~~•t~nK and s~•r~i~•inK su~•h inxt:~lnx•nt paprne•nt~ ?
~ I:i U drl:~ult IK• m:~de ~n ~r,~~•m~•nt. whi•n clui•. nt any indi•bl~•dn~~~s uyvrrtl hf•rc•hv, ~~r in ~~rfurm:inr~~ o( am• ut
~ Mort~;:~Knr:ti olrl~K:~hnnr. i•uci•n:~nls nr a~;nN•m~~nt h~~r~•und~•r:
~ I:i1 MortRaK~~e is :~uthorir~K! at .my tim~~, withuW nut~i•~~. ~n its xoly d~s.•n•Uun tu ~•nter u~?on .~nd tak~• ~Kr.,essiun uf
Iht• 11r?rtKaKcyl f'ro~H•rty or any ~,:~rt Ih~~rt~of. to ~N•r(~rrm anV acts 11ort~;a~;~•e d~~•ms n~vF•~:~ry or pro~x•r to i•~ir~Krn•i~ th~~
~
_ sc-c•urity and to colle~ t and re•~•~•i~i• :~11 mntv, is.~u~~s :uid pro(its th~~rt•~d, in~•lu~lin~ thu~ p:~st du~~ as w~ll ati th~~u• a~rruinK
~ thrrealter, and
~ Ih1 M~.rtRaAec• sh:~ll Irc• enliUrd, aR a m:~tt~•r ~d atric•f riRht, withuut notiee and ex~~:~He, nnd w•ithoW reR.ird tn Ihr
~
g value• or rx•~~u~~:in~•y o( the r~e~vrity. nr thE• w~l~~e•n~y ~f ?~1ortKaKor. nr fhN ad~~yua~w of th~ MortR:~R~d Prorx~rty as w~•urity t~r
j ~I1P Note, to havr .i r~reicNr ap~x?int<•d to enfer u~?on and takc~ ~x,::~cc~~.~inn the MortKaRc~1 Pm~x~rty. ~•olle~•t thr rf•nls and
~ .
~ proGts thrreftorrt .~nd a~~ply the cime :~s thv rourt may ~lim~•t, 9u~•h rerei~•er t~~ h:~~•e :~U thr riRhts and {?nw•Prs ~x•rmitted
un~ler thi~ law•s uf Flnrida.
~ In ~~ith~v such ~:~w~, hlnrt~aRee ur the rei•t~i~er nu~y alw? tak~~ ~K?c~:s.wiun of, and ,tnr th~~u~ pur~N,u•s uw•, any sind all
~ ~?Nrw,n:il pru~x~rty whi~h is part of thN 14tort~;aRc~ {'ro~?rHy .+nd usc~1 by MortKaQor in thF• rEmtal or Ic:~vinR ther~f or
~ any ~?:~rt then~L 7'he ex~~ense IincludinR rcK•eiver'E (ec•s, counsel (ees, ~•c~sts :ind aRent's ~•~im~?ensatir~nl incurrrd pursuaM
to the Ex,N~crs herFin cnntained ahall i~e secured hereby. ~1~rt~aRec• ahal) (after paymPnt ot all ~•osts and ex~ienses in~urreci?
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