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12. If default be made in payment of any installment
of principal or interest of the Note or any part thereof
when due, or in payment, when due, or any other sum secured
hereby, or in performance of any of Mortgagor's obligations,
covenants or agreements hereunder, all of the indebtedness
secured hereby shall become and be immediately due and payable
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hereby expressly waived, in which event Mortgagee may avail
itself of all rights and remedies, at law or in equity, and
this Mortgage may be foreclosed with all rights and remedies
afforded by the laws of Florida and Mortgagor shall pay all
costs, charges and expenses thereof, including a reasonable
attorney's fee, including all such costs, expenses and
attorney's fees for any retrial, rehearing or appeals. The
indebtedness secured hereby shall bear interest at the highest
lawful rate of interest per annum in the State of Florida -
from and after the date of any such default of Mortgagor.
13. If default be made in payment, when due, of any -
indebtedness secured hereby, or in performance of any of
Mortgagor's obligations, covenants or agreements hereunder:
(a) Mortgagee is authorized at any time, without
notice, in its sole discretion to enter upon and take possession
of the Mortgaged Property or any-part thereof, to.perform
any acts Mortgagee deems necessary or proper to conserve the
security and to collect and receive all rents, issues and
profits thereof, including those past due as well as those
accruing thereafter; and
(b) Mortgagee shall be entitled, as a matter of
strict right, without notice and exparte, and without regard
to the value or occupancy of the security, or the solvency
of Mortgagor, or the adequacy-of the Mortgaged Property as -
security for the Note, to have a receiver appointed to enter
upon and take possession of the Mortgaged Property, collect
the rents and profits therefrom and apply the same as the
court may direct, such receiver to have all the rights and
powers permitted under the laws of Florida.
In either such case, Mortgagee or the receiver may also
take possession of, and for these purposes use, any and all
personal property which is a part of the Mortgaged Property
f and used by Mortgagor in the rental or leasing thereof or
~ any part thereof. The expense (including receiver's fees,
counsel fees, costs and agent's compensation) incurred
i pursuant to the powers herein contained shall be secured
hereby. Mortgagee shall (after payment of all costs and
expenses incurred) apply such rents, issues and profits
received by it on the indebtedness secured hereby in such
~ order as Mortgagee determines. The right to enter and take
possession of the Mortgaged Property, to manage and operate
the same, and to collect the rents, issues and profits
thereof, whether by a receiver or otherwise, shall be cumulative
to any other right or remedy hereunder or afforded by law;
and may be exercised concurrently therewith or independently
~ thereof. Mortgagee shall be liable to account only for such
rents, issues and profits actually received by Mortgagee.
14. If the .indebtedness secured hereby is now or
hereafter further secured by chattel mortgages, security
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