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sha0 h~w tM option to receive and apply the eame oa aaouat ot ths iadebtedas~s secut~-h~ice6y or to t
sajd Nortga~or w nodve and uss it or aay part theceot for otl~ purposss witl~out tl~eby waivioa ar t~irins
aqy puity. Ikn or right under or by virtue of this_ mortg~x and ia tbs event said Matgagor slLll for m~ ra~s~n
fail to keep the said premises so ins~red. or tail to deliver promptlp any ot s~id pdkie~ ot iow~raocs to Mid
Mortpges, or t~ promptlY to MY ~Y any premium t6erefor. or in any re~psct t~tl to pe~ta~. disebargs.
~eute. efteet, complete. comply with u~d abide by thia coveiunt, or any part hereot, tajd Nortg~ges toay pLca and
p~y for auch insunoce or u?y p~rt thereoi without waiving or aftecting any optan, lieo. equity or right unde: ar by
virtue oi thL mortgage, and tb~ tuU ~mount ot e~eh and svery sueh p~rrnent ehall be ima~ediat.ety dus ~nd p~yable
and ~al! bear intere~t trom tRe date tl~ereof until patd ~t the nce of cen par ceatnm per annum and together wkh
sneh int~est s6aU bs s~cured by tbe lien ot thia mortgags.
t. To permit, commit or suKer ao ~easte, uapairmsnt nr deteriontioa oi said property or any p~rt tbereot.
5. To p~y ~11 and aingulu the costs, charges and espensss. inch~ding ~eonabk law~'~ fee~ ~nd ooet of
~bstraeta ot Eitle, ineurred or p~id ~t• any time by eaid Mortg~gee because andlor in tl~s event ot the ta~re oa the .
p~rt of tbe uid Mortgagor w duly. promptly uid fuUy periorn~. discb~rgs. e:ecute. eNect. aompkb. oompi~r with
and ~bids by e~cb ~nd every the stipul~tions. agresmsnta. condiUOns and covea~nts of said promiaory nota. and
this a~u:tg~ge. any or either, and eaid costs. chuges aad ~penses. e~ch and every. shall bs ienmsdiataty doe and
p~yabk, whether or not there bs aotioe, demand, attempt to collect or enit pendiag; and the tull ~mount oi e~ch
~nd every such payment ahall bear inte~est from tl~e date thereof unt7 paui ~t the rate o! ten per oent~un per
anaum: and all said costs. charges aad aspenses so incurred or paid, toeether witd sucb int~erest. slWl bs secured by
the lien of thie mortg~gs.
8. That 1~1 in the ev~t of aay bre~eh oi this mort~ags or detault o~ the part of t6e Moctgigo~. or (bl in ths
• event any ot aaid snms of mo~+ heran retarred to bs not promptty ~nd fully paid with~n teo days pa:t alter ths
sams ~evenlly beooms due and p~y~bM. witbont deznand or ao~os. oc !cl in the event each ~nd ewry t6e ~tipul~tbna,
+~r'eements. conditions and oovenants ot s~id promissory oote ~nd t6is moetga~s, any ~ eitRar. ar~ pot duly.
p~P~Y ~~Y P~ormed. discha.*ged. e:ecuted. aHected. campleted. complied wit6 and ~bided by. theo. ia eitber
or any iues event. the said aggng~te sum mentioned in said pranie~ocy note then remaining unpaid, w[th inte~est
acaued. and dl moneys secured hereby. ahall beoome due and p~ynble tortbwrith. or thereafter. ~t the option of eaid
Mort,gagee, as fuUy and completeiy u if aU ot the ~aid ~ums of nomey were originally stipnlated to bs p~id on
suc6 day. anything in said promissory note, and or ia this mortgage to the contrary notwithstaadiag and
thereupon or there~fter ~t the optio~ oi said Mortgages, without aotice or damand, suit at law ~ in equity.
theretofore, or there~tter begun, may be pcwectited as it all monsya xcured ~ereby !ud matured prior co its
uutiWtion.
7. T6at in the eveni tA~t at the beginning ot or at any time pending any ~uit upon this mortgage, or to torecbse
it, or W reform i~ and/or to enfaee payment of any cLims ~der, said Martg~ges shrU apply to tbe eourt
baving jutisdictioa thereot tor the ~ppointment of a Receiver, such eaut ehaU farthwith appoint a Eteoeiver ot said
+~8~8~ ProP~Y all and singular. including all and eingular the rents inwme profits. iss~es and rovemues Erom
whatever eourca d~ived. e~cd and every of which. it beiog e:prealy underscood ie hereby mortg~ged as if
~ specifiully aet forth and descn'bed in the gnnting and 6abendum clausee hPreof, and auch Receiver ahall luve
~ all the bro~d and eHective functians ~nd powers in anyw~iee eairuated by a court to a Receiver. and such ~ppoiutment
~ shell be msde by euch court ae an ~dmitted equity and a mettrr of absolute rig},t to aaid Mortgagee, and without
~ reterence to the edequaey or uudequ~cy of the value ot the property mortgaged or to the solvency or insolveacy
I of s~id MorLgagcx andlor of the defendants, and that euch rents, pmfite, inoome, issues ~nd revenuee shall be applied
4 by wcA Receiver acoording to the kin andlor equity of s~id Matgagee and the practiee ot such oaut.
8. It is und~tood and a~eed tl~at this mortg~gs is given to eecnte, in addition to the note or obtiption
above descn'bed aay additbod {o~n~ or tnture ~dvances mads withia twe~ty years [rom date hereof by tbe moctgagee
r to eaid mort~gon or any suaxesor in titM ot ~d moctgagors of the property 6ereby oonveyed: provided t6~t the
~ total unp~id bal~nce of the indebtedness ~ecured her~ at ~ny one tirne ehallnot, : t nm principal
amounc oi FIVE THOUSAND NINE HUNDRED T~i1ENTY TNO t~,~• g~~ Doitars
li plns interest thereon and any diebursemente made by tAe mortgagee for the p~yment of tues, kvies or in~uanoe
on the property encumbered hereby. with intereet on euch disbursemeats.
IN WiTNESS WHEREOF, the aaid Mortgagor hae e:ecuted thie mortgzge ander eeal on the day ~nd year herein
~ firat above written.
~ . 3igned, seded and deliv~ed in tM preeenix of:
~ ~ ~ i~s~t-st- ~I ~ ~-d~~.~
13EAL1
on
• ~ ~ ' ' ~ ' ' ISEALI
~ Evelyn . Byram ~
~ STATE OF FIARIDA ~
~ COUNTY OF ST. LUCIE
~ Emerson R. Byram and Evelyn P. Byram, his wife of I17
aetore a,e person.ur .ppe~rod
~ 12th Ave., Indialnatic, Fl. 32903
~
§ .
to me wsU known and known to pe to be tbe individuaLS described in and w6o ~ecvbd t6e faee~oins
aod aclcnowlsdgsd bstore me th~t y.hsy. a:ecvted tAe wme fa~ ths psvpo~es tberein s .
h~ 1.,. ,
WITNE33 my 6and and oHieW se~l this 21St. daq ot ~V
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~ Q F. _ . Notary Public ~ ~ _ , i ~
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