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6 Motiptce's Ri~Y~ 1o Mate Ce~t~i~ P~yseus. tn the event Mon~or fails to p~r a discAuse the tua. IiaDili~ies, or ei?cumbranccs. or tsils a
tccp the Morigaje~l Propc~iy insurtd or to ddive~ tho polKies. prcmiums pad. or (ails to repair the Mortpsed Property ss he~ein atreed, Mort~ee may
~~s o~.tion pay or d~schu~e the tua, liabilitia, and encumbranca or any put thercof. to ptocurt and pay for sucA insunnce or to make and pty tat
wcA rcpa~n. MureYaYa shaU Aati~e no oblijation on iu put to determine the vaiidity or neceuity of anq paymeat thertof and any such payment shall not
~a~~c or a(fcct any uptwn, I~en equity or r,ght of Mo~~ga~ee under or by virtue Af tAis Matga~c. The fuli amount of eacA and .rvery such pltYment sAaU be
i~11R1C1I{:fICI\' IIUC i1I1A F1d\dI1Ir dtNJ .hall hear ~ntrrest from tAe datt thereot unlil paid at tAe rate ot Eightan Perant ( I8S'o) per anaum, simpk intecest, aod to-
..~ihrr wuA .uch iotr~~.t. >hall bt .rcurrd by the hrn o( ~h~~ Murtgage. Nuthing herein cuntaincd shsll be construed as rcyuirina Mon~aeee to ad~ance o~ -
ca''e~xl mun~r~ f.~r an~ of ~hr purp.»r~ nxnuontd m thia.paragnph.
'7. P~rmeat ot lipeases. Matgaaoc shai! pay ail tAe costs. char~a and expenses. inch~dina ?eawaabk atto~ney's tees. disbursemenu a~?d cost ot
ahstnctc of hUe, incurrcd or paid a~ any time ~y Mon6asee due to the tailurc oe tAe pan of Mort~or promptly and fuUy to pertorm, ca~m~p1Y with aad
ab~de by eacA and e~~ery c~ipulauon, agcament, condilion and covenant of the IYOte and this Mortga`e. Such costs, cns.aa a~ exan~, shaU be imntedi-
.~!rt} due and Fu~~ahk. u~he~her or om thert be noticc, demand, attempt to colkct or suitpe nd~og, and shall beir intetest at t6e nte of E~ahtern ikrceat (18~)
;K ~ annum. simpk intcrest, until ~+aid. Alt such costs, charges and ezpenses so incurrcd or pa~d, toaether with such interat~ shall be secured Sy tbe Gen of
i~~~ Mungage and an} other in~trument srcuring the :Vote. ~
R. AdAitio+uf lbeu~ls. Ai aU umes ~his Mortgage is in etfett, upon Mortaagee's request, Mort~or shall make, eacrute and deliver or ause to be
made, executed and delivered to Mortgagee and, wAere appropriate, slull cause io ~e recorded or filed and theratter to be re-recorded or rcfikd at sucA
eime and in wch places u stwtt be deemed dainble by Mongaga anY and a!! such further mort~a, instruments of funhet usurance, emiC~cata and
o~hcr documents as Mortgaga may consider neeessary or dairable in ordtt to effectwte~ Compkte, enlu~e. pert~ct, or to continue and praetve the
obligations of Mortgaeor under the Note and this Mottaage and di wNer instruments securin` tlit Note. and the litn ot tAis Martgaae u a Grst and prior
l~cn upori a!! ~he Mwtbaged Pioperty, subjcct only to Permitted Lieas. Upon any failure br Mortaa~or to do so, Mongaaee may make, eaecute, raord,
filc, re-record or refile any and all such mortgaga, instruments, certificates and doeumrnts tor aad in the name of Mott~or. Mortsaaor heteby irrevota- ;
bly appoints Mortgaget ageyt and attorney-in-fxt of Mortgagor to do all thinas nttasary to etfectwte or ~ssurc compliance with ~his paragraph.
9. E~eet o/ Default. Any one of the following shall constitute an event ot default: ~
(a) Failure by Mortgagor to pay, u and when duc and payable, any insWlments of principal or interest due under the Nae, or a~y deposits for tua
and assessments or insurance premiums due hereunder, or any olher sums to be paid by Mongasor herew?der or under anr other instrumeni securina the Nde. _
(b) Failure by Mortgaaor to duly keept perform and observe any aAer covenant. condition or age~ement in the Nae, this Ma~gaae. any atnY instro-
meni seruring the Note or any aher instrwnent cdlateral to the Note or executcd in conn~ction witA the sums secured Atrt~y for a period of 10 days atter
!~tortaasee aives wtittrn notioe spccifying the breach.
(c) If eitl?cr Mortgagor o[ any guarantor oa endorser af the Notr. (i) files a voluntary petition in bankntptcy, or (ii) is adjudiated a bankrupt or insol-
.~eni; or (iii~ fila any petition or answer seeking or acquiescina in any rclief for itxli under any law relatina to bankruptcy, insolvency a wher rrlie('kY
debton, or (iv) seeks or consents to or acquiesces in the appointment of any trustee, ~eceiver, master.or Ipuidator of i[self or ot ail or any substant~al pan
of the Mortgaged Proper[y~ or (r) maka any aener=I assignment ta the bencfit of creditors, ot (vi) maka any admiuion in vrriting o! its inability to pay
its debts geneqlly u thty become due; or (vii) a court of compctrnt ju~isdiction rnters an otder, judtemt~t or dttret approving a petition filed a~ainst
Mortaasoc or any gwrantor or endorser of the Note, seeking any rditf under any praent ot future federal, state. w other satute, Isw or reaulation rclat~
ing to bankraptcy. insolvency w other relief for debtors, which order, judament or decrte remains unvacated and unstayed fot an s~retate of siuty (60)
days whelhe~ or not conucutive from the date of entry thereof; or (viii) any trustce, rectiver or liquidata of Matgagor o! all or any substaniial parl of
the Mortgaaed Property is appointed withuut the prior written consent of Mortgaaee, which appointment shall remain unvacated and unstayed for an
aggregate of sixty (60) days whethtr or not consecutive.
(d) My breach of any warranty or materiat untrwh of any represenution of Mortgagor contained in the Nae, this Mor[gage or any other instrument
securina the Nae.
t0. Aceelentlo~. If an event of detault shall have occurrcd, Mortgagee may declare the outstandinj principal amouat of tl?e Note and the interat
accrued thertoe, and all other sums secured herrby, to be due and payabk immediately. Upon such decluation such principal and intaat and otAtr sums
shal~ immediately be due and payabk witAout demand or notice. . -
. r. I an eveot of defauit shall hav~e oocurred. Morigsaee may declue the autstanding balana oi the Note i reon~
~ a nd sU ott~er sums secu re nce and ot6er sums shall immodiately be due
1 ou ema or notwc.
i
~ t 1. Re+sMks dta Det~atl. Upon an event of e!ehult, Mor~gaga may procecd by suit or suits at law or in_ equity or by any aher appropriste proceed-
; ing or remedy to: (a) enforct psyment of the~Note or the pertormance of any term hereof or any other riaht; (b) foreclose this Mortpae and to selt, u an
entirety or in separate lots or pucds, the Mortgaged Proputy Under 1he ludgement or decree of a court or couru of eompetent jurisdiction; (c) collect al!
rents, iuua, profits, revrnue, income and other beneGts from the Mortgaged Property; (d) appoint a rariver to rnter upon and take possession of the
hlortgagcd Proputy and to collcct all rents, issucs, profits, re.enue, income, and other benefits thereof and apply the same as a court may direci and such -
rrceiver shall have all rights and powcrs permitted undcr taw; and (c) pursue any other remedy availabk to it. including, but na limited to ta':i~g possession
of tht Mortgaged Property withut notice or hearing to htortgagor. Mortgaga shall take action either by such proceedings or by the exercise of its power
~ ith respec~ ro entry or taking possessibn, or both, as Mortgagee may determina ,
12. No Wd•er. No delay or omission of Mortgagee or of any holder of the Note to exercise any right, power or remedy accruing upon any event of de-
fault shall exhaust or impa;r any wch right, power or ranedy or shall be rnnstrued to waive any evrnt of default or to consuwte acquiescenqe thuein.
13. No~-Esclasive Resedies. No right poaer or remedy conkrral upon or reserved to Mortpaa by the Note, this Mortgaae o~ anr aha imtrumml
securing the Note is eaclusive of any other right, power or remedy, but each and every such riaht, power and remedy shal! be Cumulalive and COncurrent
and shall be in addition to any other right, power and remedy givrn hereunder or under the Note or any otlxr instrument sauring the Note. aow or here-
after eaisting at law, in tquity or by statute.
ld. Soeawsors u~d Assiim Bou~d. Whenever one ot [he putia hereto is named or referred to 6aein. the heirs. suecasors and usi6ns o!'iucb party
shall be included and all covenarets and agreements contained in this Mortaage, by or on behalf of Mortgagor a Mortgagoe, shall biad and iaure to the
benefits of their rapective t~ein. successors and assigns, whether or not w expressod. .
I5. Mbedlaneo~s. In the event that any of the covenants, agreements, terms or provisions contained in the Note, this Mortgase or any other instrumrnt
securing the Note shall be invalid, illcgal or unenforceable in any rapect, the validity of the remaining rnvemnts. asreemen~s, cerms or provisions contaia-
ed herein and in the Note and any other instrument securing the Note shall be in no way af(octed, prcjudiced or disturbod ehereby.
16. Attorseys Fea. The term•'attorney's fets"u used in this Mortgage includa any and all lesal ftes of whatever nature inc(udins, but not Gmited to,
fees raulting Gom any appea[ of an interlocutory order or finat judgment a any oihet appNlate procadina uising out of any litigation.
~ (7_ No TrsRSter. It is understood and agreed by Mor~gagor that as part ~f the inducement to Mort~ee to make the loan evidenced by the Nae,
~j; Mortgagee has considered and relied on the credit worthiness and reliability o! Mort~or. Mat~or tovtpants aod sgtees iat to stll. convey~ transfer,
Icase ot (utthet encumbet any interat in or any put of the Mort~od PropMy without tht pria written ootuen~ of Mortjsga, and anY such sak, coe?vey- ~
~~nre. usnsfer, ksse or encumbrance made wichoue Mor~aa~a's prior written consent shsU be void. If any perwn should obtain an interat ia aU or any
~ pan of the Mort~god PtopertY pursuant to the executio~ a rnforcement of any lita. securtty interat or aha risht. .vhetha superior. eqwl or wbordin-
- ate to this Mort~e ar tbe !irn hercof, such rven~ shal! be dcemed to be a transfa by Mort~sjor aad an evrnt ot default hereunder.
~
!8. AsKa to Mo~! . Ap cfianges, alterations, deletions or additions to the subseance of amr paraaraph in this Mat~e which hare bao ~reed to
betwan Mortpgor and Mortpaa h~ve bern initialed by Mort~or u additioital proot of Mon~a~or's consent.
IN WITNESS WH~REOF, the Mon~or has acecu[cd this instrument thc day and par abore fust wTitten.
Si6ned. sealed and ~
delivera~ie
pr~ of• _
(Seat) •
wi~ ~S ~a~c~ OROTHY M. GOODWINF~K~A !s~=i)
wicaess sianawrs
~ (Seal)
1litness Si~natuce
~
STA7E OF FLORIDA
~ yr,~1~'w~. , ~
oF sr. ~ I E ~ ~ `x , ~ ~ ~
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