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hc~rby. '1'lie rnfurccahilily uf thc ruvenants relaling to I~xes, assessments ~+nd insuranre prerniums hcrein othenvise ~
rruvi~lyd shuli not tx: c~ffectc~ rxccpt insofar ~~s thosc ubligatium h~vc been met hy crnnpliance with this paragraph. ~
Mortgugee may frum time to time ~il iis optiun waive, and after i~ny such waiver r~:instate, any ur all provisions herec~f
rr~µiiring such dcExnits, by nuticc tu M~~ngagor in wriling. \'Vhilc any such waivcr is in effcct, t~lortgagur shall pay .
t,?xrs, tisscssmrnts ,~nd insurancc premiums as hrre:in elsewhere pruvided. '
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A. 't'u promptly ~ay all taxcs anil asscssmrnts usscssed ~~r levied under and bp virtuc of any stalc, fcdcral, or ~
municipal law ur rebulatiun her~aftcr passcd, ~igain~t Murigabcc u~xm this Mortgage or the debt hereby secured, or up- .
~+n it~ iiitrrest unacr this Mungage, pruvidcd huwever. Ihat the tolal am~~utit so paid fur any surh taxes pursuant to this
paragraph together wilh the interest pay:~ble on said indebtedness shall not exceed the highest lawl'ui rate of interest in
Fluri~la un~i pr<~vidrel furthcr I.hat in thc evcnt uf thr ptissa~c af any such !aw or rcgulation imEx~sing a tax or a~scssment
againxt Mc~rtgager isEx~n tl~is Mong~+ge ur the debt secured hereby, that the entir~ indebted~ess secured by this Mortgage
shall thcreu~?n tie~rumr immediately due and payable at the option of Mc~rt~~gee.
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5. 'I'u keep the Murtgaged Property insured against loss ordamage by fire, and all Ex;rils insured against by an
rxtcn~r~l ruvcrgc rn~ursrmcnt, and surh othcr risks and perils as hlurigagcc in its discrction may rcyuirc_ Thc ~wlicy or ~
~wliries uf such insurance shall tk in the form in general usr from time to time in the la:ality in which the Mongaged }
~ i'ru~xrt~~ i~ siluatr~, shall ixr in ~uch amuunt as Murtgugee nr.iy resonably require, ~hall be issued by acompany orcam- t
panirs ,ippruvrd by Murtgagec, and shaU rontain a st~ndard mortgagee clause with loss payable te~ Mortgagec. Whene- ~
~~rr rr~~uire~l by Murtgagre. aurh ~wlicirs. shall he drlivcred imm~diately to and held by Morigagee. Any and all
.+mount~ rrceived b~~ 111ortgagec undcr an)~ of such Ex~licies muy be applied by~ Martgagec on the indebtedness secured ~
hrr~h~• in ~urh n~anne~ a~ hlortba~r~ may, in its s~~le discrrlion, rlect or, at the optic~n e?f h1o?ibagee, the entire amount ~
~u rrcri~~cii i~r any part lhereuf may tx~ released. Neithcr the application nur Ihe release of any such amounts shall cure or ~
~~~,~iv~ aii~~ ~I~fault. Urxm exrrcise ut~ the Ex~~+~cr uf sale gi~~en i~ this Martgagc or uther aryuisition of thc h1ortgabcd ~
I'ru~krt~• ur any part Iherruf by htort~;agee, such ~x~licies shail become the absolute property of h4ortgagee. ~
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6. 'f~? fir•t ~?hlain the ~~~riuen cunsent of Morigagre, such consc:nt tu he grantcd or ~?~ithheld at the sole discre- ~
tiun ~~f ~turl~;agre, tx•fure (a) rei»oving ur dcmolishing any building now or I~ereafter erectcd on the premises, (b) alter- x
in~ ~hr arrangcm~ ii1. dc,ign u~ sln~clural eharacter thrreof, ic) makin~ any repairs whirh im~ol~~e the remo~~al uf strurtu- €
r.il parts ur th~ exEw~ure uf th~• intrriur uf surh building 1u Ihc elements, (d) cutting or remcrving ur pc:-rnitting the cutting ~
anil rcuun•al ul any Irrr, ur timbcr on Ihc Murigagcd 1'ro~x rly. (rl rc:rnuving or cxchangin~ any tangiblc pc rsonat prop-
rrty hirh i~ ~iart uf the t~tortga~e~! Prupc rty, or (f) entering int~, ur nxxiifying an~~ leases uf th;. Mortgaged Property. 3
7. "1~~~ inaini~~in ti~c A1~~rt~ag~d I'ru~xny in gcxxi r~mdition an~ repair. including hut nut limited to the making
ut ,urh repairti a. 1lurtga~;re rnay lrum tin~e to time ~rtermine to be necessary for the preservation of the Alortgaged .
1'rc,~krt~~ ;in~i t~~ not commit ~r ~nrmit an~~ ~~~aste thereof, a~2~ ~tortgage~~ shall ha~e the right to ins}kct the I~1ortgaged F
Nrc ;~rn?~ ~?n rra,unahlc notirc tu 1~1ot t~:~gc>r. 1
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'f~~ r~m?ply ~~ith ;ill la~~~. unlinanrr,. rrptulatium, r~?vrnant~. run~ili~~m and rettrictiuns aflcrting thc s
~1uit~a~!r~l !'ri~~xrty, and ni~t t~~ rau.r ~~r ~krn~il any ~•icd.i~iun thrrruf. ~
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If ~fuit~~.i}~ur I,nl~ t~? ;~ny~ rlain~. lirn ur i ncumhranrr ~ti~hirh i, tiu~xriur t~~ thi, ,41~irtgagc, or ~~Iten duc. ~
:~n~ t,~~ ~?r a~u+,inrnt ur in~ura~~re prcniium. ur tu kc~~p the ;~turt~~a~e~ Pru~icrt~• in re~air, ur shall comntit or permit
ti~~a~t~'. ut tl Iher~ ik iunuiiinir~ ;ui~ ;~~•Uun ~~r ~~nx•cc~tu~g altccUn~ th~.~lurtg:ige~l Pru(xrt)' ur lhc tille therclu, ur Ihe ~
mtcrr~~ ~~1 Atu~t~c~~.~r ~hr«in. including. hut n~?t limitrd t~?. ci~~inrnt ~lo~~iain and bankruptcy or reorganitation procced- ~
in}~•. ~hrn ~1u~t~a~rr. at it.~u~~u~m. iiri~~ ~rt~ .ai~l rLum. licn. cnrumhrancr. ta~. a»cs~mrnt ur prc:mium. ~vith right of
,ul=iu~~;U~un tl?rr~~iin~lrr. in:~~~ nial,c .uch re~~a~r+ and takc ~urt~ titcp~ ati it dr~m~ adviti~blc tn prci•cnt orcurc tiurh waste. ~ ~
in,iy .i~i~k ar in an~ ~uri~ a~ uun ~~r ~~r~?~•cr~lin~; ,~nd reta~n ruun.cl thrrein. an~i take ~uch arti~m tticrein as ~1~irtgagec
~lrrii?~ :~~I~ i~ahlr. an~l lut .~t?~ nl ~uch pur~xi~c~ ;11nrt~!agr~ may .t~~~~anrc ~uch ~wn. of miiney°, includinb all costs, n:a-
,~~nahlr .wui iic•~ Irr, an~l ~~thrt itrin~ ul c x~kn,c a~ il ~lcrn?. nrcr.~:srt . ~luttg.~krr ~t~:~ll be Ihr u~lc judgc ~~f Ihc Icgali-
,~.~li~f~t? an~l pn~iruy~ ut an~ w~h clairn. licn. rnrumhru~rr. la~. ati~e~~mcnt and premium and~of the amnunt neceti-
~,~iy 1~• I?.~icl in .at~~I,~cU~m ~hrrruf ~t~?n~a~rr ~hall nu! Fk liri~l .~crcruntah!t fc~r an} ~lrlay in making .+n~ ~urh pa~_ .
inc~il. Hl~ich ~trla? in.~} treull ~n .~t~y aJ~1Uii?n:tl ~nlrr~et. iu~l~, rl~,~t~!~~, ~:tfxn~e, u~ c?thcr~~itic.
. ' I~i 11u~IE~,~~n~ H~fl ~~ay l~~ ~1~?r~~:i~~•r. ir~~n~i'lJ{:11CI`~ ;1fil) NUIIt)LU l~l'lll:~n~. cill .um. u~ mc?nr~ a~f~~anrrd b~~
,t~~~t f~.~~~~•r ~n ~titu~r. t It~c ~r. i~nti hrrrul ~?ur,u:ui~ Iu ~I?~. ~1~?~t~i~~!r. incli~~}mk all c~~.t.. rra~unablc auurnr)~'ti fcrs anJ ~
~ ~~~hrr sir~~i+ ~~I ~~~~+c•i~.r, i~~~~riht•i ~ s~h u?~rrr~~ nn ra: h,u~ h a~l. anrrmrnt ,it thr-hi~hr~~ la~~ ful ralr uf in~rrc,l ~xr annum ~
' .~Iln~sr~! h~ ~h~~.I,~N ~~1 ~ht• tii.~~r ul I~lu~ui.~. :~r?~i nU ~uch +un~. an~i ~ntrrrs~ Ihcrc~,n ~I~all i~c ~r:urcd hrrrh}. }
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~~?.~~+riin•~~t laa~ ~ ~
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! ~ ~ ~ I.~linrm I ~ rin~ .~1 ~ i~ntrr~~l nt Ilir '~c~h ut :~~i~ ~:itt Ittrr~ul
~ Ni~r~~ sluc•. ~n ~~s~~i?rnl, al?i•n ~fuc•. an} ~HI1rt ~ulli+CtufC~) I?cft•h1. ~~t i~~ ~krt~~rm:u~ic i~l any ul ~1u~tga~;ur'~~:bliga-
?i,+rn. rna~sr~ ~~t .ty~trrn?rr~~~ iK•~rui~d~•i , all u! il?r ir~~lrhlr~lnr,• ~ri tucJ hrrch~ ,haU fxc+anr and hr immrJiatcl~• duc
ari~i ~:a~,~t,:<• a~ ~hr ~}~~Ii„~~ ul ".1ut1Fs~~E~cr. v?~tia?t~t i~~~ti~c ~rr ~~rmanJ t~h~ih atc I~rrch~ rx(~rc~~l~~ ~~anrJ. in Hhich r~~nl
M~n1~•oEv:~ ~na} ~~.~il i1-;'If ~+t a!i ~~~~til~ at?±) Icn~r~l~r•. al law ~tt in ryt~~1~ .:~n.l lh~. !+1utt~a~;c tn:~y (x lurrrlu~a~l ~+~~h all
~ ! ~,•I~I? An~t t~ ~ies•~1~~•e at1~~r~kJ i:} ft~c iaH u ~rl i l~rtt~la rnd ~1~~tt~a}~u? ++hal) p:~~ all c~n1., charge+:inJ r~pcnk~ IhcrCU[. in-
:I~a,1,~~~r s rr.eu•i~a~~lr a~t~Hr,c~'+ I~c. ~~~~ic~~}~n~ all ~t~ch «nl~, ci{~c«5s, ai?cf ~lt~}sr3c~'+ trrs. (4?r an> rctnal. reheatin~ cfr ~
~aj+#z~sl3 It~ ~is~.k~l;ts~dru~3+~ ~tua~°~f t~cict+~ ~~t~it hcar intcr~~ ~i?r ?ugt~c.~ IaHfut ratr «t fntcr~t ~er annun~ alk~Hed hy -
lier i,~u ~t! i!u• St,eic- +ri f 1~+~iJ,f IU~IRf ,FINJ d}1C! (IK• ~~rtc ~~1 att~ s~l~ h+1c•lauli ~+f ~1utl~a}~~t II Ihe N~?It' ~ilt~ I~N ~n~la)
f~ai t€~'~~I.. ~1?e ±r1~+tl~~r}'r-~• tt?~1. ih ~.~~E~En. ~+rllct 1 a~iatr ~ haif~r r~ ti~a} tx ~?tue t~1cJ lur iri tt?c Nnlr.1~? trimt+ut~r .
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