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1Q. The '.1~rtgac~or covc~~a~~ts th3t it will not in anywise further ~ncu~-
ber the prop~rty mort~aged herFby. If ~~ArI~]1(]OT Shall so iurther encumber the
prop~rty by ~ny furth~r :noi tgaga : or otherv~ls~, then the ~Aort~a~ee may at its
option declare th~ entfre indebtedness secured hereby immedi=,tely due and u~y-
able .
11. If the ~.4or~qa~~r def~ults in :~ny of the coven.~nts or aqreem~nts
eontained hercii: or in t}~e "•!o~e, then the '!fortcj3gec~ m~y perform the samc,, ~-~nc3
all such e~cpenditu*es nnade by th~ ' fort~ac~ee in so doin9 sl~all dr3~v interest ~t
the sam~ r3te as spe~:ific:d fn the 'Jot~ ancl s`~~ll be repayal~le t^~medi~~tely and
wlthout dem3nd, and all suctt c.~xpenditur~s sh•~ll t:e se~ured by th~ lien of this
`Aortgage. Tf~e '~9orcga~~e shall b~ subroc~~t^d, for ~further s~~curit}-, to th~ li~n
of iny and all lien~ or encumhr~nces pai~ uu*. of ti~e ~roceec+s of the lo~n secured
by this "Iortgag~, even tnough :;~e ~i~n or ~ncumbrance so o~id frem such pro-
ceeds be r~le3se3 ,
12. Shou1~1 any repres~nt:~tion s~t f~rtt~, herein be untrue, or should
a bre~ch occur of any ~v~rranty set forth her~in, or should '4~rt~agor f3i1 co
comply ~,~~ich an~ of the cov~~nahts an3 conditions sec :orth tierein, or in the `.~10*.~
~r any other loan instrur.n~~nts execat~t~ in conf!inction herev~ith, or should any
bankruptcti•, rear~~aniz~tion, rec~ivershi~, li~uid~tion, or sir~il?r proceedina
be instituted b}~ or 3~ainst the ';ort~~agor, then the antire ~rincia~I an~ ~~ccrued
interest s~cured hareby shall, ~t th~ opti~n of th` ~~tort~age~, and without noticz
to the ':tortg~gor, becorne i:nmediately due an:2 payablz.
:3. In 3ddition to all other ind~bt~dnesses secur~~ by th~ lien of thi~
~9ortgage, this ` iortgage shall. secure also ar.d constitut~ a lien on the moriqaged
propercy for all future advan~es m3de by the ~ fortgaq~e to '.lortaanor v~ithin five
(S) years from the da:n h~reo.' to tlie s,3r:ie ext.~nt as if such future advanc~s ~t~~r~
made on the dat~ of th~ :.•xecution of this ' lortgage. Any such 3dvances m~y be
rnade 3t th~ aption of ~~lnrtqagee. i ne tot-~1 amount of the indebt~dness that ~ay
be secur~d by this -.4ortg3ge may increase or decr~asc from time co tirne, but the
total unpaid balan~e ~ecureci at ~y ~8~ ~ this '•lortgage shall ~ot ex~~e~
a maximu~n principal amount of/ olus
interest th~rean an~ 3ny ~isburs~m~nts rn~~e by -~ Iortqagee for the nayrnent of
taxes, levi~s or insurance cn the preperty encumbered by this ':-fortg3ge, ~nrith
interPst on such disbursements.
14. t.~ori•~ithstanding anyr.hing appearing to the contrary in this ' Iortg~~e
or in the Note or ir. sai~ lo.-~n agre~~^nt, nr any other dacur~ents Axecuted in
conn~ction v~ith this I~a:1, the interest du-~ and pavablc from 'torrq~~or to'4ortqaq~=
shall n~ver ~xc^ed tne -n~ximur.l ~^~~unt of interest legally allovrable an~ proper
under the la~rs of th~ Sta*_e of Florida .
15. ~~~ortgagee shall be entit~ed to receive any sums «~hich ha~~e been
or may be av~azded to :h~ present and all subsequent owners of the mortgaged
pre~ises by any go~ernr_~~ntal or other l~~~vful authorities for ta!%ing or dd-n~ging
by eminent do:~~in tti~ ~vhole or any part of t:ie mortgaq~d premises or =ny case-
ment th~rein, including .any a~n+srds for any changes of ~rade of str~ets, or for
damage caused by ~ublic works or construction on or near the mort~a~ed premises,
which sai~ av~~~rds ai-~ hereby assiqned to the ~ lortqagee, v~ho is hereby author-
ized cc collect and receive the proce~~is of any such awards frr~m such ~uthoritie:a
~nd to qive ~rop~~r recei~ts and acquitcanc~s th~refor, ~nd t~ apply the s3me tov,~~rd
~ths payment of its reasonable costs and attorney's fe~s .~nd of the ar.~ount o~vin~
on account of this ' tortc~age and the '~Jote, nott•~irhscanding the f:~ct thit the amoi~nt
owing thereon m~y not then bc due and payabl~~; and the '~(ortg~gor h~rc by
covenants and ~~grees, upon request, to m~ke, execut~~ ~nd deliver any ~nc~ ~11
s~~x ~4~ PaGE 21~6