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a~d shall p~rJorm, ~omply iotih and ~61de 6y each and eaery Ihe agreements, stlpulntloni, condittons and
co~~enar~fs thnreoJ, and o~ tlils mort~as~e, then th(s morlpa~e and !he esfate hereby createcl, thall ceaae, de-
fermin~ ancl I~~ nu~~ ant~ vot~~.
~n~ I~i~ mortf~a{~or ~~~ruhy (urlher conenanls anc~ agrees fo pay prompt~y w{?en clue flte principal ancl
interesi nn~ oll~er sums of money proni~ec~ ~or tn sa1c~ nofe anc~ Ihia morlgage, or either; to pay a~~ anc~
sinpu~nr Ihe ~(1XPS. ass~ssm~nfs, ~~vies, ~i~bi~ities, ob~d~ations, anc~ encumbrances o( every natwe on aatd pro-
perly; lo pe~mil. commif or su~jer no wasle, impairmenl o~ c~etertoration o~ ~ntd l~nd or the tmprovemenft
lherec?~ al nny lime; to k~~~ th~ buildin~s noto or G~reajt~r on said Iand /ully insurecl in a sum of no! Iess
than highest insurable value a
in a company or companii~s acc~~~ta~~~e to fhe morffla{~ee. Ihe po~icy o~ po~tcies !o ~e held 6y, und paya6le
to, saic~ ntort{~nc~e~. a?tt~ in 1~~~ event any sum oJ mon~y 6ecomes payab~e 6y u(rhie o~ auch inaurance t~e
mortfln~~~ shnll h~~~~ the ris~i~t to ~PCPII~P and apply the same to fhe Inde6tedness hereby aecured, accounting
to t{~~ mort~n~o~ jor any surp~us; to pny all cosfs, chargea, and expenses, includtng lawyer's ~ees anc~ Ut~e
senrc~~es, reasonab~y iricurrerl ar pni~I f~y Ihe mo?Iga~ee tiecause oj fhe jai~ure o( the mortgago~ to prompt~y
ane~ (ully comply inif~~ Ih~ a~rnements, stipu~alions, conc~ttions ancJ covenants oj said note and lhis mortgage.
or eillter; to per~orm, comply u~tfl~ ancl abic~e 6y eac1~ anc~ every I~ie agreemenfa, sfipu~attons, condiltons and
covenants set fort{i in sai~ note anc~ 1{~is mortgage or eilher. In fhe event t~?e mortgagor fai~s to pny w{ten
due any to.r, assessm~nl, insurance premium or ot{~er sum oJ money paya6le 6y uirlue o~ said nole and t~is
mort~n~e, or Pil~~er, I~i~ mortna~ee may pny fhe same, without waiving or ajlecling the option to (orec~ose
or any oll~er riglil liereunc~er, and al~ such pnyments stia~~ ~ear interest /rom dnte thereof a! tf~e highest law-
(uI mle Ihen ~~~o~~~~d hv tlie lau~s o) tliP $fale o~ Florida.
D~ n~iy sum of mon~y hprein re(errec~ io ~~e not promptly paid wif~in 30 t~nys next a~ler
f{~~ sam~ {~ecom~s c~ii~, or i~ ea~~~ anc~ ~i~ery Itie a~reemenfs, stipulafions, conclitions anc~ covenanta of ~aid
note nncl lliis mortr~n~~e~, or either, are not (ully per~orme~l, complied wit{~ and a6ided 6y, then t~e eniire
sum menfioned in snid not~, ancl tF~is mortflage, or !he enlire 6alance unpaid thereon, shall forthwith or
; thereaftpr, at 1{~e option o~ Ihe morfgn~ee. 6ecome an~{ 6e due and paya6le, anything in saic~ note or heretn
to f~~ contrary nofinifl~slan~Iinf~. Fni~ure ~y fhe mortgagep to exercise any o~ the rig~ts or options ~eretn
proniclecl s{~a~~ not COIISIlIl1IP a wnin~r oj any rig{~fs or opfions i~nc~er saicl nole or lhFs mortgage accrued or
. lherea~~P! ACCllllllq.
~n ~iitness ~h¢reof~ ~lIP S(IICI morlryagor ~IAS ?1P~PUIlIO Slf~l1P~ AII~ SPAIed these presenls ~~e
' c~ny nn~~ yc~ar ~irst a~~oi~e tvriifen.
Sign~c~. s~n anc~ t~~~~• i~ Iti~ p s~~nc~ oj:
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` ' / ,j ~,i~ :U , [~lF. .
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; . _ _ . - . ' . . < _ - ~1
~ ~ ~ y WOODWORTN B . ALLEN
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~ c-' ' ~ C~~'u•~-~-~ . . - ~-~'.~1~---.---.... ~ ~
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1 - ELAINE M. ALLEh '
~ ..~'.r~.•2~t,% ) 1 _ - . ~ i.1 ~.1.~~"l : _ . . _ ~
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~ sTa~~e c~e F~t.c~kit~:~, (
~ cc~t~~~~ti~ ST. LUCIE ~
' I IIERF.Bti' (:ER"fIFY that on this day, befor~ me, an
~ of(i~ er ~l~il~ ~~uth~~rii~~~i in th~• St:~t,• afc~r~said and in tht' Count~• afon•said to tak~ acknowl~drtmrnts, pcrsonallp apptared
~ WOODWORTH B. ALLEN and ELAINE M. ALLEN, his wife
_ to m~• kn~~~+n t~~ h~• th~• p~•rsur~ cirsc~ribed in and w~ho C\ffUIPCI th~ for~¢oin¢ instrument and i h e y acknowl~dqed
~ bc(~~rr n;r th,~t t h e y t rr~ utrr~ thc s:~m~.
1~'I~l\F:titi ~u~ h:~nd ~nd of(iri:~l sr~l in th~• Cu,int}' and St:~t~• l~ct afuresaid this w~~.-l ~l`1 day of .
Apri1 tg87•
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~ ~._~{,..<.~,1..:?.1.:.._ . ~..l.l L~ )
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' - Notary Public~ -
; ~21~ My Commission~lEx~pire,;; : ~is. '
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' 1 '87 AP~ 29 P 4:09 _ Ha~~ry v„ti~: Sta~'ot t~
~ ~ (((~,,)D My Conmission'~xpi~es l~ly 2„i988 .
. ~ ~ 'e:-n.~C 1!~'.. Il;,t ~[~.n •~:~N:,t~.. tr.c.
~ Fli_! t : f ,
OOUCi ~ . ~ i.:. . .
~ ST. Ll;:: . ~ _ - .
~ I TITI.E NOT EXAMINED BY SCRIVENER.
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!j 17i~~ I»Nrrn~rrut f~rr~~rirr,ll~~~: JOHN EDGAR SHERRARD, P.A. ~
: P.O. Box 4332 0 R A ~
~ Fort Pierce, Florida 33448 BOOX;~ZO PACE ~7~7~ ~
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