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[ . . ~ ~ ' t ~ . . ~ _ ~ , s ~ i
1 ~ , ~r ~ { ; ~ ~ ? ~ ~ I . ~ , - t ~ ' ~ ~ . • t 1 j a f i ~ ~ 1 1 f ~ l ~ j E . I ! , ~ t , ~ ) ~ 1 f ~ ~ ; . . . . ~ ' . :
i~ ~r~ `fli~ r' tJ.,.~~~••~ ~it' fl;r~. , f; f ~~iil~'ii'1 j..? li~~l ~i1 ~fl~ ~ j ~~'r rr!`'~~? ' , , : i ,'ti
t j • , l~j t~~~ i-1,~,~ it~.`~z~ ~~i~i~~fl~`tti~'S i'` '`{j~,•I~, ,t . ~ `
i ~~~~,~~\~it~`~t,tl~~l~: ~',t~;,~.`.'~,i~,~' Sil~~ii~`, t11~1111~~~~~~,`.~\~\~`,;~'~~_\~~}~~.j`;[•t`~,l~~t:1~,~~,~'.\~`~'lit~'~`~',~`,1~i~1~'~,~`~\~i}1.' ;
~ 1y~S~~~~i, : , , ~ ' Z• ~•f1~,~'~ 1~; ' <<t5 ~ ~~~~~311~:~~r!0' ' t~1 t. ~ ~~s:~
~ 1 . ~ r ~t ; : TOt,1~Hl~It ~ ~YYITH +ell'a~id a~~gule?r ths tenementa' heieciiwmenta i~ad e?ppurtec?anooe~ thei•euntu betonging or in~eu?y,' ' ~ ~ , ; ~;t j ~ ; .
wue thareunto sppertwir?tng ~d ~he rents, tsauaa e,nd prnl~ta thoreo~~ and t?lso all the estAta. ri~ht tttle, intcues4 4nd ~Il ols~m t
~ {~ea?d damsnd ~hatsoe~er~ sa walt ~n le?w aa in ~uity ot Mortgaqor in and to tha same, uiolud~ng ~ut not li~uited to: '~{`t i,ti ~
'(s) All renta profltat revenuee, roye+lties, nghts and benefits derivect troai (lj oropa gcawn on said aeou~i6y tsr~d produoe~',1 il ~
} i~ ~ t: pt ihe soil otbtuwise (2) oil, ~aaa or mineral leases ot lhe premisea or sr?y part th0reof nnw existing or heraatter iaade, wlth the. 1; r t~ j ~
i,~ tight to ~~oaive ~?nd reod~~t ~heretor and apply tha attimo to the indobfednusy seaure~.t hareby eithor bofore or aftat ar~y detauiE ~ r •
i t~ t,ha r
eu n d e r, e?
nd 141o r t
g~~, e m n
y d em a n d; s u e [
o r d n d r a o
o v e r a n
y a u a h p
a
y a~ e n t s b u t s h a l l n o ~ b e r
e q u i ra l s o t o d o~ n d { 3) s l l ;•t t r 4`! ~
q other rent~, isaues and proQ49 oi the promises from time to timo aaoruir~g, vrthelher under l~os o~ toneuioia~ now exialing or i~,~,
~ ~ 1~~ he r
e a
ftor orest+~ d, r~sorving W Mortga~or, however, eo long as Mortga~or is not in dc~fsul6 hersuuder, tt~e right W iveoivo aad j t l!~ i
r
rat~in the rc+nts, issues snit roflis in ol~~usc~ (1 sud (3) horein. , t~: ~
i~ j~ f ( b) A l l j u d g i u e n t
a, a w~ s o f d n n
i a g
e s a n~ e e t t t e n
i o? i t s h o r e a t t e r m~? d e r e
s u l U ng tcom oon deu~na tion p r o o e o din~ or t he ~,1 ! t i~ j i/1 f,
~ t t;~ takinR. qt:tA~~reniixe~ or any part thereof under the powor of ominant domain, or tor aqy daiuege (whe?hor oaused by suah', i~. f t,' ~
~ ~ t~?
k i n~g Q~ t h e'
r wi s e) tu ~e premisem or l he in~provomen ts t hereon or any per b t hereo t~ or to ~ y ri~ Iite appurtenant t haroto, ; i`~ ~ i ~
•~;~~.inQlucling ~y/8waed for uhange ui gr~io ot elreots. biortga~ee is tiorehy aulhorized, ou beha~V and in tho name of ~ior `,1 1~ r
J ~4r , , : ~
, f/~,<< ' to eaecute snd tLeliver valid ttu~uittancea for, and to nppeal trom, any suoh judgmente or swarde. ~iortgagec~ inay npply ali ! t 1' f ~ 1 ~
f~ auoh ~pm_s~or~ n.ny pare thereof so recc~ival, iatter the payniont ot all oi its ex penses~ inoluding oosta and c~ttornoys' tc~s, on the 1;~ p f
~'~~t,1`= in c
i'sb W c
1 h~ a s/~eo u r e d h o r e b
y i n s u o h m a
n n e r a s i t e l o o t v, o r~ x t i t
x o p t i o n, l h e e n t i r
e e ~ m o p n t o r t? n
y p a r t i h e r~ o f s a r
e c
e i v e d +
t ~ i ~ f ~ ~ me~ be releasa1c . - . : ,ti :1 t ;
J ~ ~ ~
~ 1~~ 1~;' T
O S A V~ A N D T O O~. D i?? o a
b o v e g rn
n t
e d a a i d d e
s
o ri b e ~
i p r o i n i g e
s t ~ M o r t
g a g
e e, i t
a e uooe,3sorx ati d tts~i ne, forevar~~ ~ r~} 1 J'
~ ~
1 ho t
ds~o~e~~ro~ e d~
t~
Jws f
a i
l~a t i t Mor t t u e t i t l e to s a
i d Y an d, n n d wi l l d e
fen d t be same agains t t he law fu l o taims u~ e l t persone ~ j i f';,~'
t ~ y gagor s ha l l p~y t
o Mortgagee t
hat oertain promissory nots abovo dc~seribod and ehall 5. i~~
~ 1 t', ~
r torm~ ~o ther. eve~~ ~~a ~oon di tione o f sai d promissory note, an d o t nny renownl, oxtansion or malificatiou thoreof~ ; i'~, i
~ 4. 9~ ~p tgag tgage and the c~rtata hereby oreateci shsll ceese „i?nnd be nul! and void. f~~ ~
f l'~~•,~1S6rtg~
i~
o~;turther covc3nants and a
g
r~ e
s with Mort
g a
t,.ee t~s tol!owa: . j,t jf i
~ +
~ g k
r{.' 1: " 1'
b' p A
y s
l l a u m s i n a t u s
l i n i n k
u
u~ e
s
s t s e o u r u d h e m
b y w h e n d u e a s p r
o v i d e d f
o r i n sai d promissory no ta an d eny tenew e,
l~ ,~1~ ` ~ f' 1
~4~~,,~eatension ar rualiflnstion thereo f and in thia mortgage, all suoh suina to be payt?ble in lnw iui money o[ the United $tatas of ;~~1~~l ~
, T~ r~ A m e ri c a a E A
i o r t
g a
g
a e a~ f
o r
a s a i d p ri n c i p a t o m c e, o r A t s u a h o t h o r p l a
o ~ a
s M o rtgag e o. m ay d e
s igna t
e ~n wri ung. 1~ i
~ 1~ '~l. To pay wl~on ~lue, and without rec~uiring any notico [rom ;4iortgageo, alt taxes"a~ments uf nn t~~ .
~ t;~~other oharg~s levied ur assessed ainst t~e ~ y y p e br n~ t ur e a n d~~t ~ j ~ ~ ~ i
, ~ eg t premises hereby encumbered aild pr~iuoe rocoipts therofor upoii demand,'_ To, i~ ' 1~
~ ti:~ ~ irumociiatoly pay and di~ehargo any elaim, lien or eneu?nbranco a gainst auah premi~ u
a whi a h i»~
y b o o r b v n u~ n o. s u p e r i u r t
o t~ 1 i~~'~~: :
i~ t his mortgago an d to permit ~iu acfault or doli~iquQnoy o~? any otl?or lien, onawnbranoe or oli~~~ n~inst suoh promises. `
j ff ~lj: . . . . . - , t} ~ i:i,'.
3. It i~equired by Mortgagee, to wtso make monthly deposits with Mortgagee ia ~ non-interest bearing ~?~wount,tog~th@r ' f ~ j l't,1. '
t. ~,~~:with snd in scidilion to interest and prineipal: of a eum equst to one-LN eltth ot t~e yearly taxeas .nc~ sese~stnents whf4h may i_ i~~! ( M t',
~ ~ 4~ x ~ ~ ~be leviecl agains6 the prerriio~,.v, en~ (it eo r
o quued) one-Lwe1[th of t,ho yearl
yp r
em iu me i
u r i n a u r a n c
e t h e ro o n. `
P h e a i u o u n t o
t 1~ ' Z
i suoh ta~ces, a~smenta and premiuma, when unknown, sliall be eslimated b~yMartgagee. $uoh do~waitb ehe~ll bo useci by Mortr ) 1
° t i f~/~ E~'gagee to pay sueh Laxos, asse~smenta and premiums whon dus. Any insu8loienoy ot suah accounL to pay xuah ohargoa when- i~} ~ r!
(ft;. due she?ll be paid by Mortgagor to Mortgagee on demann. If, by reason of an delault b Mor + t
y y tgsgor under ~ny provi~i n A~,~ ,
ti 4,~, , this mortgage, Mortgagee deolares all sun?s seaured hereby to be due and ~syabte, Mortgagee ma~ then apply nny fuu~e in, 'S~t
' said mocsount against thA entiro indebtedne~ss seourecl hereby. The enforoeability of the oovenants releting to taxe~, ; s' ~t
asse+~~rnentb 'J,~ !
~ j~ } J` e
n d i n s u r a n c ep r
o i n i u m s h e r e i u o t h e r w i s e p r o v i d e d e h a
l l n u t b e a P
t
e o t
e d e x a e p t ? n s o f a
r a s t h o s e o b l i g a t i o n a h a v e b e e n, m et~ by t",.- 1.•,
~ c
o m p li a n o e w i t h t h i sp a r a g r u n h. M o r tga~
e e m a
y f
r
o m t
i m e t
o t i w e ~ t i t
a o
p t i o n w s i v e, a n d a t t
e r a
n y s u o h w a
i v
a
r r
ei ns t x te.~ • ~ ~:v
; , ~ y provisione ereof ~ uirin suo depo i<.;
an or all h req g h posits, by not{oe to Mortgagor in writing. While any suoh waiver is in etieot e
. ~ ~ ; . Diortgagor shall pay tnxes, assessments and insuranoe premiums as here~n else~rhere pmvided. _ ' ^ - . ! ~ ?
~1 4.'I'o rom t! . . :..i,,;~
p p y pay a~l tsxos and assessmer?ts asses.~ or levied ut~der and by virtue of any ~tate, federal, ~r inunici
taw or regulatiors hereafter passeil~ against Mortgagee u n this n~or y i poq its int
~t { ~ j f'~ 3~`
; po tgage or_ the debt hercjb secured or u
• t under this mort a~e, providecl hox~ever that th e t o t
a
l a m o u a t s o p a i d f
o r s n y s u e h t
a x e s p u r
s u~
n t t
o t h t s p
a
r
a
g r
pp h t
o
go t h~~ ( n~
~ t.~....j
i~ ti with tho interest~ payable on said inde~tedness ahatl not oxcaocl the high~t iaw[sl rate of interest in Florid~ and provided,• Z~'~~
~ ~ t y ; further thc?t n tl o event of the pas.~xge of anv suoh law or regulation, the entire indebtodness xHeured by thi~ mortga.g '"shqli i~•`
j thernupon bocomo imn~ediatc~ly duo and pe?yable at the uption of b4ortgagc~e, p. f~~ J~.'
f' f~{ t` b. T
o k e e p t h e p r
e m i s e
s inau r
e d a gainst l
osa or d am e
g e b
y $ r e, wi n ds t o r
m a n
d s u o h o t h e r h a z a r
d e a s m s
y b e s
e q u i r
e d b
y f ° t t~~ c~~
1 ;1't Mortgagee, ia iorm and amounts sati s
fsotory Lo, and in insursnoe oompaniss apprqved b~ Mort~ga~ee; Ehe policies for whio
h t,~~~ it~•~~
insuranoe shall be payable to Mort~
agee Suoh polioi~. and abstrants and other titlo evidence, ehnll be deliveted to and hetd f ti~~ c'.
~ 4~~ by hiortga~ae. Upon foreotosure of thia mortgag~e or other aequisitiou o( th~e premises or ~ny p~?rt thereoi b Mor ae said : ~ j ~ f j l:
~ .t polioies. abstraats and title evidenoe shall become the absolute property of Mortgagee. : . . y • ' ~ ' ! 1 ~ : ~ ! '
. ~ . , ~ E;~•
_ ~ f3. To 8rst obtain the wriEten oonsent oI Mortgagee, such oonsent to be granted or withhtlld at the sole disaretion ot euo6i. ' ~
~ ~ ~ Mortgagee. betore (a) removing c~r demoliahing an building now or hereatter ere~c+ted on the premises. (b altering the arrango- ~;.1~
~ ment, design or steuotural ohar~oter thereof~ (o) m~ any repairs whioh involve the removal of struotu~ pi?rta or the exposure ~ r S~
: / J) J~ o~ the intsrior ot such buitding to the elementa or exoept for domes~io purposes, autl.ing or removing or perwit~ing the ~
~ 5i o u t t
i n g a n d r
e m o v
a l o f a
n
y t
r e e s o r t
i m b~ r o a t~
e p r
e
m i s e s. , t {1 f tt
~ i 1 ~~`~t 7. To maun fain premises in g
o a
i oon di t ion a~re d repair, ina
lu ding b u t no t limi t
e d L o C
he m e?
king o
t suo~ repaira ae Mor t
ga,gee`;~~~~ 1 i~, ~
~ ' j f J t~ ma
y [rom ~im e t o t
i m e d e t
e
r m
i n e t
o b e n e o e
s s a r
y t o r t
h e p c~ e~ e r v a ~ i o n o i f,
h e p r
e m i s e
a a
n d t
o n o 6 o o m m i t n o r p e rmi t an y w~?s t
e t~
F f
; ~ j ,thereof. • - • . ~ ~ • r ~J1 ' 1 /l r ~ -
_ ~1 8. To comply with all law~. ordinnaoas~ regulatioae, oovenant8~ cionditlQna aad raetriotaons s[levting tbe premisas, i?nd not ~ t
1 , ~ ~ : to sutfer or mit any violation Lhareal. . : . . ~ ;,1 ~ {
~ . 1~~~~~~}}~.:, ~ ' ~ . , . • . - • •''!}t~~i~~l';
~ f';•' 9. It Diortgagor tails to psy any oLim, lien or enoumbrance whioh ia auperior to t~hf,s moti~xge, os,'when ~ue. suy~t,eu~ or~ t~ i f l`
t 1; ,r I assessment or iasurauoe prem~um~ or b keep the premises in repair. or shsil oomailt ar~ermiC raste. or it there be commenoed~ t ~ E'~;
# 1~~~?tiy sation or proceeding a~eoting the ptemises or Lhe title thefeto, inoludin~, •but not tim~ted to~ eminent domain snd b~?nkruptoy.: ~1 t~ ti,
p 9 8I11
~ ~f;~ 1~,, o r r
e u r
g a
niz ation proceeclin g
a~ Lhen Mor t g s g e e~ QClt$ O ptIOD.IIIS
j
i a
y
t SiYC~ O~1It1,118t1. btlaUtllbl'it1(!B~ L~7f, ~sssessment or p r e
m iu m, l ~
, r;' with right ot subrogation thereunder, may make sueh repain~ an d ts~ke sucL ateps ae it dee~s advirsble to prevent or oure suoh ! f,~ ~<<~ t
~ j;~t wasEe, and may appesr in any suob ~?ation or proaeeding and retain oourmel therein, and twke sueh ~ctiou tberein ae Mortgag ee~ , 1,,
/
~ deems a dvisa.
b le. ar? d f or ny o I sai d p u r
p o
s e s M or t
g
a g
e e m y a d v n
n o e s u o h s u m a o[ w on s~, i nc t u ding a t l ooa t
t
s. reuso n~ b la t{ j r f'
? ~ t (t t,
1~. ptWrney'e fees and other iteme of eupense se ii deems ne~aessary. Mortga~ee shall be the sole ~udge ot the le~gality~ validity snd •t 1~? t
~ J~~p ri o r
i 4
y o
t a
n
y s u c h c l u
i n
i, li e n, B n o u m b r a
n o e, t a
x, a
s~ s m e n t e?
c
~ d p r
e m i u m, t
u
i d o f t
h e ~ m o u i i t n yb b e p a i d i n ~
a t i s-? i t ~ ti~,
~ j~~~ faatioa thereo[. b'Iortgagee she,ll noL be held ~coouni,able for any delay in making say such psymeat,~ wleiol? del~y may result in ~ 1 ~/~f' i~.
; ~~1 E,( any additaona! intsrest. oosts~ oha?rgea or erpense otherwise. I ~ ~ f,1 ~ f t:
~ j;~;'. ~ 10. Mortgagor wiq pt~y to Mortgagee~ imm e diste ly an d ~ri t
hout demst? d. a?! 1 suai~ of mo~ey i?dvanoed by Mortgagee pursuant ~~i ~
~ ~ t; t
o t
h i a m o r t
g
a g e, i n a t u d i n
g a
l l o o s t
a, r e
n a o n a
b
l
e a t t o r
n e
y a t e e s a n d o t h e
r i t
e m s o
f e u p e n s e~ t
o
g e t h e r w i t h ~ n t
s r e s t v n e a a h a u o h . t 1~ .
~ f f~,~ d v a
n e
emen6 a6 ti?e rate of t,~n p e
r oent. (10%) p e
r annum, snd all suoh euma awd int~rest thereoa ah sl l b e a e o u r
e d h e
r
e b
y. : f=~ ~ 1~ 1:
a::
i l t s; t~:: i i. Atl sums of money secsured hereby ahall be pay~?ble without any reU~nt whstever lrom an y vuluatioh or sppraisement lawe~ j;~~< i
! ~ ~ i'~. . w e c
1< < . 12. It defsult be m~?de in psyiae,nt ot wy installment ot priueipsl or interea~ ot said note or sn~
r part thereof ~r~en due, or~. ~ j't t~.
1~=, j~`: in psyment. when due, ot any olher sum seoured hereby, or ~n performaaoe ot an~ ot Mor~
or e obtigstions, oovenanta ot ~ t
f r f,-agr~ements hereunder, ~It ot the indebtednesa secured hereby shall beoome snd be immedistely-due and payable ~?t the optioa: • f j t i
~ ~;,~'j ~ o[ Mortgagee, withQUt notioe or demand whiah are hereby exprassly waived, in which event Mortgagee may svuil itself of ~~j~j i
e?tl rights and temedies, at 1~?w or in equi6y and thia niortgsge may be foreelosed with al! rights s?nd remedies atlorded bp the 4~ 2` t t
1 s~ lews ot Fiorida and Martgsgor shall gay a?~1 oosts, oharges and expenaea thereot, inoluding a resaonabla sbtorney's fee. ~~~~~~Z x3.t
~ ) ~l~ `~r i~ 13. U de[sult be mado in patyment when due, of any indebt~dness seoured hereby~ or in pedormance oi any ot Mort~sgor's 1~!' i~ t f
; ! ~ ~ ,oblig~tioris, oovensnts or aqreemenU ~ereunder: • . r t j ( ~ ~ ' 1 ~ • t
~ ( a) M o r t
g a g e
e i s a
u t
h o ri a e d s t i
s n y t i m e, w i t h o u t n
o t i c
e, i n i t s a o l d d i~
r
e t
i o
n t
o ~ t
e
r u g o n a
n d t
a
1 c e p o s e e
s
a i o n o
t' i~:'~~
f t~~ the premises or ~y pur4 bhereot~ to pertorm aay aota Mort,~agee deema neoessary or proper to oonserve the aeourity uid Zo .t
t o o
l l e a t s a d r
e c a i v e a
l l r
e n L
s. i s
s u e
a ;
n d p ro a t
s t
h e
r
e o
t, i n c l u d i n g t h a
s
e p
s
s t d s a a
r s w e l t a
s t h o e
e w o c
r
u i n g t h e r
e
a t t
e r. w n d r f`~~
~ 3 (b) Mortgagee shsU be er~tit~led. ae a mAtter oi striot ri~gh5 u?d withoutregsrd to the vi?lue or oooupanay ot the seourit R 1
~ 1~~; to ha?ve w reoeivar appointed 4o ent~C upon and take pv~ession of tbe premise~a~ ooAeOt Lhe rente ~nd pro8ls thareftom ~end wPP~? ~ t v,~ ~ i
the aume aa the aourt ma direot, suaL reoeiver to hsve e?U the rights and po~vers~ pe~m3tted under the u~va ot FloridA. .;.,r~< ~
~ .~u
: ~ t In either suah esse ortgapee or tho reoeiver may slso tske poesesaion ot, snd tor theee purposes use~ ~u?y snd ail pereaaal ; r~
~ property conteaned in ~he ~;remisea and use~i by Murig~gor in che renG?t or lee?sing thereot or ~uy pr,at lhereof. The expense;' :~P
a .1
~ ~{incslud~ n g reoeiver's [ees, !souaset lees. ooets ~nd a
g
ant'9 csom p
e
n s ~?tion) insurred puct~uant to she p ow~
v h e
t
e i n o o n t a
i n e d a
h s
l l ,
f ; { ; ''•be aeaureci hereby. Mor shall (afler pay~uent ot sil co~ts ~nd expensee inaurred) spply suo~ repte. iBCUee and pro8ta ~ r`;
~ _ ~ ~ t
4. reoeived b
y it on the indebteaness aecured hereb
y in such uniat as I4ior t
g a
g
e e determiaes. '~'he n ghi t
o e u t e
r a n
d t I c e ~ o
n
of said ~mperty~ to m~?nage and o~,arate tl~o suna, ~?d Lo colleo4 the renta~ 4R91108 A[?d~ flte thereot whether by s receiv~ or~~~ ~ i~ ;
~ oth~rv?se, shali be aurouLalive to ~u?y ~other right or remedy herounder oc s?Korded by 1~?w~ ~nd uiay ~e exarcised oonourreat~y,~ f'~
~ ~ ~ i-! : l,herewith or independes~Wy thereof. Mort;aeee sball be liable 4o aooouAt only tor auoh ronta~ iasuea ~u?d pm~ta ~?otu~lly ~oeived
~ z ~ ~ ~ ' by Mort~a~ee. : ~ ~ ~ ~ ~ ' ~
~ ~~~?~f,j , ~ _ ~~t? f ~ 1~t;
~j . „ ~ ~ ' r ; ~ ~;f + . ,
~ ~ , t ; ; f.l ~ ~
l ~ ~ { i j i ; , 1 ; ` ~ L ~ ` • ~ :L ~ . ' - . ` ' ~ { E t' ~ ~•0. Rr.' ',tZ r, Z •{i~~/ ' ~ i ;
t } S l ~
~ ,l ~~i ~~i~ii'~~ 5t 1`•j+* ~ it•~~t~•~`+,~~''~'+•~ ~xie ,~~itsal~; i!j!~ ~i~. r,i t~~a t~,`~t,,~~ ~~1niR';~"~ ~;~~'~j~'I~~~ ti,~ ~ ~
~ ~-r i'~ ~ i ~ . ~ .j} f~~ . . ` ~
~ R "'~rt~~~~'rl~~~~.,~~~ff '.S ''+,~'r.~`~~`!~~}1r~jj11`~` .~it fj~' r~~~T#-l~t~~`t}'!t~ ~~~j;~`~3 ' ~~r
~.~i{~.~~.,- ~ .i-S~'~ :3_~~: ~_ii_. ~~S-R=:_ . ~ ! J. t! 1 L 3, ~ +