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and :hall perform, comply with and abide by each and every the ag?ee??tents, stipulationi, eondtltons and
eorenants Ihereoj, and of this mortgage. then ilia mortgage and the estate heroby created, ahaU cease, d.-
termine and be null and twirl.
the mortgagor hereby further eouenanta and agrees to pay promptly when dw the principal and
i?tferesf and other soma of money provided jo? to said note and this mortgage. or ellher; to pay all and
singular the faxes, assessments, levies. liabilities, obligations, and encumbrances of euery nature on said pro-
perty; fo permit, commit or suffer no waste. impairment or deteriorotton of said land or the improuetitenb
thPrecn at any limp: to ItPPp the buildings now or hereafter on said land jolly i?tat?red in a sum of not Less
than. highest insurable value
in a company or rnmpanies acceptable fo the mortgagee. the policy or poltcfea to 6e held 6y, and payable
to, said mortgagee. and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the tndebtedne:: he?eby secured, accounting
fo the mortgagor for any surplus: to pay all rnsts, cha?ges, and expenses. including lawyers fees and title
sPa?rhes, reasonably incurred or paid 6y the mortgagee because of the jailors of the mortgagor to promptly
and jolly comply with the agreements, stipulations, rnndiftona and covennnla of said note and flits mortgage,
or either: to perform, rnmply with and abfde by each and euery the agreements, stipulations, eondittona and
covenants set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may poy the same, without waiving or affecting the option to foreclose
or any Other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rote then allaluell by the lama Of the SfatP Of Florida.
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any sum of money herein relPrred to be not promptly paid within thirty days next after
flip same becomes dire, or if each and every !hP agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in safd note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
(hereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notu~lthsfan?Iing. Failure by the morfgngee fo exercise any of the rights or optforu herein
provided shall not rnrtstifrrfP a u~aivPr of any rights or options under said note or this mortgage accrued or
Ihereaf 1Pr accruing. `
~n ~I~~SS ~~Of, the said mortgagor has herPtrnto signed and sealed these presents the
day and year first above u~riffen.
Sig d, s Pd and d iverPd 'n the prPSPI1Cp oj: 6
~ WILLIAM ALLEN
~ -
NORINE ALLEN
i
r STATE OF FLORIDA,
~ COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer del}- authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
WILLIAM ALLEN and NOR-INE ALLEN, his wife
` to m~• known to be the person g described in and who executed the (oregoinq instrument and whp acknowledged
Ixforr me that they executed the same.
~~'17 NESS my hand and official seal in the County and State last aforesaid this 29th day of
~ ~y A. D. 19 80
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~T~ R~~` ,iI" lilt State o~Flaida attarge
. w - Nota?v Po c. 1901
- r'~::, = ~ _ hty Ex;:ires Dec. 18.
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RLO St l0~ -
c • s~t' 19~~~N-3 ~ l~~-~fa
MY COMMISSION EXPIRES:
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