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and premium, and of the amount necessary to be paid in satisfaction
thereof. The Mortgagee shall not be held accountable for any
ent, which delay may result in
delay in making any such paym
additional interest, costs. penalties, charges or expense otherwise.
to Mort a ee immediately and without
Mortgagor will pay 9 g
demand, all sums of money advanced by Mortgagee pursuant to this
mortgage, including all costs, reasonable attorneys fees and
other items of expense, together with interest on each such
advancement at the rate of FIFTEEN (15$) PERCENT per annum, and
all such sums and interest thereon shall be secured hereby.
6. Mortgagor represents and warrants that prior existing
mortgages and any other permitted encumbrances are current and in
good standing, and covenants and agrees to maintain same in good
standing during the life of this mortgage.
7. If default shall be made for a period of FIFTEEN (15)
days in payment~of any installment of principal or interest on
the attached note or any part thereof when due, or in payment wher<
due, of any other sum secured hereby; without notice or demand '
which are hereby expressly waived, or in the performance of any of
Mortgagor's obligations, covenants or agreements hereunder, then,
all the indebtedness secured hereby shall become and be immediately
due and payable at the option of the .Mortgagee, in which event,
i
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
reasonable attorneys fees and attorneys fees on appeal.
g. No delay by Mortgagee in exercising any right or remedy
hereunder, or otherwise afforded by law, shall operate as a
waiver thereof, or preclude the exercise thereof during the
continuance of any default hereunder. No_waiver by Mortgagee
of any default shall constitute a waiver of or consent to
subsequent defaults. No failure of Mortgagee to exercise any
option herein given to accelerate maturity of the debt hereby
secured, no forebearance by Mortgagee before or after the
exercise of such option, and no withdrawal or abandonment of
foreclosure proceedings by Mortgagee shall be taken or construed
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