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Home My WebLink About0993 claims thereunder, and not less than thkty (SO) days prior written notiae oi any . material ohange in or inte~Uon to cancel or not renew any such poliay or poliaies. In ~ase of loes and payment by any inaucer, the amount of _ the inaucance award shall be paid to Moctgagee, and at Mortgegee's optlon, be applled either on the indebtednesa secured hereby oc in rebuilding or cestoring the deimaged improvementa. All prepaid insuran~e premiums on such polieies_ ara heteby assigned to Moctgagee as additional security foc payments oi the indebtednesa secured by this mortgage and the performen~e oi Martgagor's covenants herew?dar. ~ 6. To firat obtain the Mrritten eonsent of Mortgagee, such eonsent to be geanted or withheld at the aole disaretion of such Mortgagee, before (a) removing or demollshing any building now oc heceafter erected .on the premises, (b) altering the arrangements, design or. stru~tural aharacter thereoi, (Q) making any repairs which involve the cemoval oi stru~tural parta or the e~oeure of the interior of such building to the elements, (d) conveying, allowing to be conveyed or suifer a transfer oi tltle to the property by operation of laN, or (e) further encumbering the property or permitting any llen to be created thereon. . ~ 7. To maintain premises in good eondition and repair, including but not limited to the making of such repatrs es Mortgegee may irom time to time determine to be ceasonably necessary for the preservatlon of the pcemises snd`ta not commit nor permit any waste thereof. - 8. To comply with all laws, ordinances, regulations, permits, covenants, ~ conditions and .restrictior~s affecting the premises and not to suffer or permit any violation thereof. 9. If 1?lortgagor iails to pay any claim, lien or encumbranee which is or may become superior to this mortgage, or, when due, any tau or assessment or ~nsurance premium, or to keep the p~emises in repair, oc ahall commit or pecmit waste, or if there be commenced any action or proceeding affecting the premises ort the title thereto, or the interest of Mortgagee therein including, but not limited to, eminent domain baNcruptey or other rehabilitative proceedings, then Mortgagee, at its option, may, without waiving eny default herein occasioned thereby, pay said claim, lien, ~ encumbrance, tsx essessment or premium, with right oi subrogation thereundec, make and may appear in any such action or proceeding and retain counsel therein, and take ~ such action therein as lldoctgegee deems advisable, and for any of said purposes Mortgagee may advance such sums of money, including all co~ts, reasonable attorneys' fees and other items of expense as it deems ne~essary. Mortgagee shall be the sole ju~e of the legality, validity and priority of any such claim, llen, encumbranee, tax, assessment and premium, and of the amount necessary to be paid in satisfaction ' thereof. Mortgagee shall not be held. aceountable for any delay in mald~ any such ' payment, which delay may result in any addi'onal interest, costs, charges, or expenses " otherwise. ~ ~ ~ ~ - 3 ~ - 10. Mortgagor will pay to Mortgagee, immediately and upon demand, all E ~ sums oi money advanced by Mortgagee pursuant to this mortgage, including all costs, reasonable attorneys' fees and other items oi expense, together with interest on each ' i sueh advancement et the rate of fifteen oercent (159i6) ner annum. and all such sums ~ ; and interest theceon shall be secured hereby. ~ ~ ~ ' ll. All sums of money secured hereby shall be payable without any relief ~ whatever from any valuation raisement ~aws. ~ ~ 12. If default should be made for a period of 30 days in payment oi any ~ ~ installment of prineipal or interest of said Note or any part thereof when due, or in ~ payment when due, of any other sum secured hereby, or, after 30 days written notice ; ~ of default therein, in the performance of any o! Mortgegor's obligations, covenants or ~ egreements hereunder, then, ell of the indebtedness seeured hereby shall become and ~ be immedlately due and payable et the option of Mortgagee, upon notice or demand, in r which event Mortgagee may avail itself of all rights and remedies, at law or in equity, ~ and this mortgage may be foreclo~ed with all rights and remedies aiforded by the laws < oi Plocida and Mortgagor shall pay all costs, charges and expenses thereof, ineluding a ? reasonable attorneys' fee, (the tecm "attorneys' fee" to include also attorneys' fees ~ . f paid or incurced by Mortgagee in any appellate or related proceedings, or proceedings supplementery or ancillary, ar~;~ o~t oi ~?y 8~tior~ to enforce, protect, collect or ~ ~ defend said promissory note or this mortgage). ; ~ i ~ 13. It default be made in payment, when due, oi any indebtedness secured ~ ~ ~ _ ~ ~ r ~ . i ~ ~ °:.~K~~ A~ ~ ~ _3_ ~ . n y _ - - - xz_