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To plac~ ~nd cauinua+ihl ke~p on tM build:~s now a hers+f~K sirus» on sa~d Iud u+d on sil pvipment ~nd p~aa++~N c~:vs+~d b11 tAis narp~ ~
pe, w~th dl premiw~e thN~ pa~d in full, fw uwuranc~ :n tiv uswl su~d~rd policy fon+~, rn ~ sum approved by tM IAORTGAGEE, and vrie~rorm
:nsura~ in ~M ~swl s~andard poGq icYn~ in • iwn approvtd by tM MORTGAGEE. in wcA companY a ro^'P+^~~s ~s tM N10RTGItGEE rn+y
d:~dt and all fir~ and w~lswrm iew+anai potK~cs a? ~ny of ~id b?ild:e~a, ~nr inte+tsl thert:n w put thtrsof, in tM +~~cq~h w~n afw~~aid or
In u~cess ~he.eof, ihall conr~in ~M wwl i~a~dard ~rwr~9+~+ clws~ a such alw~ davse ~s tM Mar9+ye~ m+y ~equ<<~. nwku+p ~M bu unde~ aw! po1F
ua, tach and tv~ry. WY+b1~ w sa7d MORTGAGEE a its iotaest may sppt+?. and ~ach ~nd avery wch policy iMll be P~«^PNY ~u9osd and de6vKed ro
•ny htld by said 1MORTGAGEE q fwthN setu~ity to said morl~ap~ dsbt. +nd. na kss tlwn ~e~ 1103 dari 4+ +dvN+c• of ~h~ ~xpw•t~w+ of ~xh poucy. ro dr
I;vK to s+id MORiGAGEE •~en~wal therwl. to9stMr wuh a rccrp~ fa ~h~ pKniwn of svcA re+row~l; and tMn •MII b~ ro fin a wi.~dstwm inswsnc~
pl~cd on aMr of sa~d bwldinp~, a+Y ime.est tM.~in a p+i~ therwf. wd~ss in ~he forni ~nd ~•i~h ~ht lou pay~bk as ~fa~s+idj u~d in the ~vMt aoy ~um
oi mw+~y b3comes paYaWe w±der wch ~w1:cY w Pe~~ci~s s+d MORfGAGFf sMll Mw rM optan w ~eoa~w and ~pply tht s+nw on acco~ro o1 ~M ir~bted~
nes~ sKynd he~~4y a w perm7t fa~d MORTGAGORS w reociv~ and us~ it a any pat rAereof fa orhe. pu~poses, w~~hou~ threbr wa~~ing w~mpair•
~^9 +^Y ~V~?~ry?. ~an or ripht w+da w by ~irtw of this mw:9+per u+d in dK ~vent ~~d l~AORTGAGORS sAall iw sny r~asa+ fail to keep rM said pr~+nwes io
inswed, or fail b dtlivtr prornpHy ~ny of s~id pol~cies of inswsnts to s~id MORTGAGEE, or (~il pron+ptly to pay fulty ~ny pren+i~m therefw a in anY
respeci iail ~o perfain, dischuge, execut~, effect, comp?ete. comply wir6 and ~bid~ by this cove~+nt, or ~ny pa~t Mreof, s~id MORTGAGfE mav plate u+d
paY for s~ {~su~ant~ pr any put ttwreof vritAoul w~Ninp or sffactinp ~ny option. 1ien, equ~hr. a right under a by virtw of thif Maya~. a~d the
full ~rnwint of ta?-A and ew*Y sucA WYment sA+ll b~ imn+ed'wt~ly dw +nd p~Y+bl~ +r+d s6+11 bear inre.e~ from th~ dat~ tMreof ~ntil pa+d ~ tM ra~~ ol
nine pa cen?wn pN a~w+um +~d togethe~ with sucA interest sF?~II be setwed by th~ lie~ of this mat~pe.
1. To pumit, conri+it or wHp no wut~, impa'ument w d~te~iwafion of said property or anY p+N the+eoF•
S. To pay ali uw: sinpul+? th~tost~. char~es s:Pe^xs. i"d'xl"'p • reasonable attorney
s fee snd oosts of ~bsnacts o~ title. incvrrad w psid ~t
any Yun~ by sa~d MORTGAGfE, becavN or in the ewnf of the i~ilure on the pKt of the ssid MORTGAGOR to ~ulY. promptfy u+d fully perfonn, d~schug~
eYecuts. ef(ect. complet~. comp:Y w~th aod ab;d~ by ~ad+ snd e~e+Y the it~pulauons, agreem~nts, condiiwea, and oo~-en+nn of said promissory nw~ and iF+w
rmx~gap~ any a e~~he.. and sa~d cosn. chupes and e:penes, sacl? and every. ~Fwll b~ M~wned'utely d~re and p~y~bt~: whetl+er or not tMr~ be notics da
mand, ~n~mp~ ro colkct or suit pe~d~rg: aod tM f~ll ~marM of escA and avery sucl~ WY~+~^t ~i~slt bea~ a~terest from the date tl+e.eof until paid at tl+e
rete of ~in~ pa ceatwn pe+ amxr.~; +ed all said c3sn, chuges and eapenses inn+rred or p~~d. wpether w~th wch inter~st. sMU b~ a~cwed by tM Iwn of this
^wrtpr~e•
b. That in the event of snY bresch of this Mortg+9~ w default on the part of the MORTGAGOR, o? (b) i~ tM event ~ny of ~a~d swm of mon~y
herein referrd to b~ nW pranpny and fully paid wirhin fh~rty (30) d~ys neat a:~er !he sarne seve~ally becane due and payable, wi~houf dem~nd e~ notice.
or (d in tM eveM each ud every tla stipuiuio~, sgraemenn. cond~tions and toven~nn of is:d p.omisscry note and tf?~~ mw~ys~e any w eiN+er a~~ nw
i~ly. pomptly and fully performed, d'~scharged, eaecuted, effeaed. compkted. canplled w~rh and ab~ded '~y. then in e~~her a ~ny s~ch ~vsnt tht ss~d a~
y,~gat~ wm c~nt;~ned in yaid pzomiuary notr tlun rrmai.'u~~ unpaed, a,rith in~e?est xcraed. and a~l mc~neys sat~.red hsr~by, sh~ll oecan~ dw and pay~
abte fwthw~th, M tAlfNftN. a~ iM option of said MORTGAGEE, as fully and comple~ely as if ~il of the wid wms af money vrere org~n~tly s~~pula~ed
~o be paid on svch day. anythug in said prom~uory note or in this Mortgage ro the contruy notwithstanding; and thsvevpon w ther~afte~ a~ the option of
sa~d MORTGAGEE, without no~Ke o? demand, wit at la~r w in equity, therefae w th:~csfu~ begun, may be prosecuted ~s if all ma~eys sewrcd hereby
had m~twed prWr to iti inttitutiOn. '
7, Th~t in t!a evN+t that ~t the beginning of or ~t ~ny time pendirg aoy wit upon ~I,is Mortgsge, o~ to foreclose it, w to ~eform it, w ro eefwc~
payme~t of ~ny daims hercunde~. said MORTGAGEE sh~ll apply to the Cwrt 1»virg ju~~sdK~iw+ the~eoi iw ~he +ppantment of s Receiver. such Cour~ shall
fatliwirh appoint a receiver of said mwr9aged properhr all and sing~lu. i++cludw+g all and singular the income pofits, issues and revemies from whatever
wurce derived. each and every oF wFi~ch, it beinp expressly unde+srood. a hereby mwtgaged as if spec~fic~lly xt fwth snd dewibed in the gr~nting and
hibend~Hn d~uses hxeof, and such Receiver sh~ll l+~ve ~II the broad +nd effeceive fu~caons and powers 'u~ anywise entrusted by a Cowt ro a Recciver, ~+~d
s~ch appointmen~ sh~ll be made by wch Cowt u an ~dn+itted equity and a m+tter of absalute righ~ to said MORTGAGEE, and wi~hout ~eference to the
edeyu~cy w ioadeqwcy of rhe v~lue of the prope~ty mortgaged or to the sowency w insolvency o( sa~d MORiGAGQR a the defendants, a++d that such
renrs, profin, incane, iuues aod revenves shall be applied by such Receiver accordin9 to the 1'»n w eqviry of sa~d MORTGAGEE u~d ~ne pract:ce oi such
CouA. \ •
B. To dvly, pranptly snd fully perfo~m, d'ncharge, execute, effect, mmplete, comply wi~h ud ~bide by~ e~ch and every ths st~pulation:, agreemenb,
cand;tions and co+ren~++a ~n sad promissory note and this mo.tg+ge ut iwtF+_ '
9. That in tne event ~he owee+ship of :he mortgaged prc+nises. w ~ny puf thereof, becu~nes vested in a person other tlun the MORTGAGOR, ths
MORTGAGEE, ib succeuws and assigns, may, wirhout notice to the MORTGAOR, deal with such successor or successor in intncst with reference to this
mortgage and the debt hercby savred ~n the same m~mer ~s with Ma?tgagw without in any way vit~atirg w diuhsrg'ug thc Mortgsgws' liability herr
undcr a upon the debt nereby sec~red. No s~le of ~he Fremnes hereby mor~gaged u+d no forbe+rance an the psrt of the MORTGAGEE or its succ-sson
or assig~s and na exreMio~ of the time fw the p~yment of the dcb~ hueby secured given by the MORTGAGEE w its successors or ~ssiyns, shall operate
to rekase, d~scharge, modify cF?~nge a affect the original Iiab~Gty of the MORTGAGOR herein, cither in whole w in put. -
10. It is specifically agreed tFut time is of the essence of this cororact and thit ra w~iver of any oc~gatan herevnder o~ of the oo:igaYao se-
cvred hereby shs~l at sny time thereafter be F~eld to be a wairer of the terms hereof or of the instrurnent secured herby.
11. In add~tion to the forego:ng monthlY paYme~rs of princ'pil ~nd inrerest requ~red by the p?om~uory note secvred hereby, mortgagor mvenants
~ and ~grees ro pay fo mortgagee with each monthly payment an add~tio~sl sum estimated by mortg~gee to be equsl to 1/12 of the annual cost of the follow-
'ngc
A-All real property ts:es kv:ed d assessed agains~ the above desvibed real estate.
8-Prem~ums on iue snd wiodstorm irtswance as here~n requ~ed ~o be csrried on ~he :mwovements sitwte on the above descr~bed premises_
C-Prem~ums on :uch mwtgage guusnty inswarKe as mwtgagee slull from rime to Yune deem fit to carry on the loan secured hereby.
- Mortg~gee shall fran firt+e to time notify mortgagor in writing of the amount due and paysble herevnder and such su:n shatl tFurcupon be dw~ snd
payable o~ the due date of the next month:y payment and exh successive month thereafter ur.til mortgagee shall notify mortgagw of s change in such
amount. Such sums shall be applied by mor}gagee toward !he payment of real property taxes, insurance prem:ums, and mortgage gwranty insvrance
premiums_
~ IN WIINESS WHEREOF, ttie sa~d MORTGAGOR has hereunto set his hand u+d xal t day ar f~st af
Sea ~li ,in presence of:
aQ
aq
. ~
~SeaO
SiATE OF FLORIDA ~ _
couNn oF St . Luc ie • .
Befwe me persawtly appeared Msrion T. tiyers
~Llt~'1 1• Ayers, his wife, to me wefl known •nd known to me to k»
the L+dividwb described in ~nd who executed the foregoing instrumem, and acknowledged before me that thay e:ecuted the same ior the pwposes
Ruth I: A ers
rhe.ein .xpreued. And rhe sa'
wife of tFK said l~arion . Ayers upon • sep+r+te and privar~
e:aminat~on br m~ qken separate snd apart from her said hv~and, xknowledged to +~d befae me that she e:ecvted said ins~rument freely and volun-
tanly and witho~t a.~r compulsion, cantrsint, ~G+prehension~,p( fear of or from her said husbsnd. •
WITNESS rRy•hand and officual seal thi: day of November A D. 19".L_
: ~ ~ /~r/ ~
~ Notsry Public in and for :he Stste of Fbrida af tu~e
~ My Conrniuion eapires:
Retum Ta ~Otiry Pu~K. S~i~C J~ f~Otidt at ~?qC
F~t F.~..t s~~s a~, /~.«~a~~ M~ ~sion E:pi{es tio.. 3. 1?64
Of Fort P~erca ~~~d M f:.. a e~,.ri~ to,
F ~oEn ~r .
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