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t ether with recei t for the remium of such renewal. The proceeds
of any such insurance or any part thereof may be applied by Mortgagee
at its option, Dither to the indebtedness hereby secured or to
the restoration or repair of the property damaged.
4. To'keep the Mortgaged Premises and the 'fixtures now or ~
hereafter located thexaon in good order and repair; to permit,- commit
or suffer no waste, impairment, or deterioration thereof; to preserve,
maintain and care for-any timber, pastures, orthardg, citrus groves,
fields and other agricultural developments now or hereaftF~- located
thereon including, but not being limited to, cultivation, spraying,
dusting, pruning, fert3lizinq, liming, draining, irrigatinrl, protecting
against damage by fire and replanting when necessary, all to be -done
in accordance with good husbandry and the most approved methods of
agricultural management. -
-5. To comply as far as they affect the Mortgaged Premises,
with a-11 statutes, Laws, ordinances, decrees and orders of the
United States, t_he state of Florida, and any political subdivision
thereof:
6. To pay to Mortgagee upon demand all sums, including costs,
expense and reasonable agent's and attorney's fees which it may expend
or becomme obligatied-for in proceedings,-legal or otherwise, to
establish or sustain the lien hereof-or its priority, or in defending- _
against liens, claims, rights, estates or easements of any person or
persons .asserting priority hereto, or in payment, settlement,- dis-
charge, or release of any asserted liens, claims, rights, easements or
estates on counsel aavising Mortgagee that-the same is superior to the
lien hereof, or for an abstract or supplemental abstract,-together with.
interest on all such sums ac paid at the-rate of 13 per cent per .annum.
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covenants and agrees to-pay all costs, charges and expenses, including
reasonable attorney's fees and commissions and abstract charges or
expenses paid or incurred Y~y Mortgagee in connection with any suit
to enforce collection or to foreclose this mortgage in the event
this mortgage and the notes or other indebtedness and amounts hereby .
secured be placed in t:~e hands of en attorney for collection,.and
for the payment of all such amounts this mortgage shall stand as
~ security and any $uch sum or sums so paid shall become a part of
~ the indebtedness secured hereby. -
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- ? . In case Mortgagor shall fail to p=amptly discharge a?ny
~ obligation or covenant as provided herein, Mortgagee shall have
the option, but no obligation, to perform on behalf of Mortgagor.
Any-amount which Mortgagee may expend in performing-such act or ~
in connection therewith, with interest thereon at the highest rate
- for which it is now lawful to contract, together with all expenses,
including reasonable attorney's fees incurred by Mortgage,-shall be
immediately payable by Mortgagor and shall be secured by this mort- -
gage, and Mortgagee shall De aubrogated to any rights, equities or -
- liens so discharged. - -
8. That if .the principal or interest on the notes her-ein-de-
.scribed or ang part of the indebtedness secured hereby or interest -
thereon be not paid when due, or if Mortgagor shall fail to pay
any taxes, assessments, charges,~or impositions as the same become _
due and payable, or if default be made in the full and prompt per-
formance of .any covenants or agre:.~nent or in_said-notes herein con-
tained, or if any proceedings be instituted to abate any nuisance ~
~ on the-Mortgaged-Premises_or if any proceedings be instituted -
- which might result to the detriment of_the use and enjoyment of
the premises, or if Mortgagor shall make an assigrunent for the
~ benefit of creditors, or if a receiver, liquidator or trustee
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FEE, KbBLEGARd & TEEL. P. A.
ArroRntrs AT LAw
g - FORT PitRCt, ~LORIQA t~d0 .
- Teic~+rae~r.~ (sODf fit-6020