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involve the removal of structural parts or the significant ex-
posure of the interior of such buildings to the elements, (d)
erecting any new improments on the premises or (e) making any
substantial change in the operation of the motel presen~ly on
the premises.
5. To maintain the premises in good condition and repair,
including but not limited to the making of such repairs as
Morgagee may from time to time determine to be necessary for
the preservation of the premises and to not ccmnit nor permit
any waste thereof.
6. To comply with all laws, ordinances, regulations,
covenants, conditions and restrictions affecting~the premises
and not to suffer or permit any violation thereof.
7. If Mortgagor fails to pay any claim, lien or encum-
brance which is superior to this mortgage, or, when due, any
tax or assessment of insurance premium~ or to keep the premises
in repair, or shall commit or permit waste, or if there be
commenced any action or proceeding affecting the premises or the.
itle thereto, or the interest of Mortgagee therein, including
but not limited to, eminent domain and.bankruptcy or reorga-
nization proceedings, then Mortgagee, at its option, may pay
said claim, lien, encumbrance, tax, assessment, or premium with
right of subrogation thereunder, may make such repairs and take
such steps as it deems advisable to prevent or cure such waste,
and may appear in any.action or proceedings and retain counsel
therein, and take such action therein as Mortgagee deems ad-
visable, and for any of said purposes Mortgagee may advance such
sums of money, including all costs, reasonable attorney's fees
and other items of expense as it deems necessary. Mortagee
shall be the sole judge of the legality, validity and priority
of any such claim, lien, encumbrance, tax, assessment and premium
and of the amount necessary to be paid in satisfaction thereof.
Mortgagee shall not be held accountable for any delay in making
any such payment, which delay may result in any additional interest,
costs, charges or expenses otherwise.
8. Mortgagor will pay to Mortgagee, immediately and without
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 ad-
vancement at the rate of t~aelve peroent (12$) per annum, and all such
sums and interest thereon shall be secured hereby. Mortgagee is
hereby subrogated for further security to any lien, such as ~
mechani's lien, or any and all other encumbrances paid to preserve
its intended lien hereunder or otherwise paid on behalf of Mortagor.
9. Al1 sums of money secured hereby shall be payable without
any relief whatever from any valuation or appraisement laws.
10. If default should be made for a period of fi.fteen (15)
days in payment of any installme~t of principal or interest of
said note or ar~y part thereof when due, or in payment when due of
any other sum secured hereby; without notice or demand which are
hereby expressly waived; or in the perfarmance of any of Mortagor's
obligations, covenants or agreements hereunder, after delivery of
thirty (30) days notice of such default; then, all of the indeb-
tedness secured hereby shall become and be immediately due and
payable at the option of Mortgagee, in which event Mortgagee may
avail itsel 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 attorneys'
fee (trial and appellate).
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