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and shall perform, comply with and abide by ench and et?ery the ngreemenfs, sflpulalto?is, conditions and
cot?enanls thereof,. and of Ih1s mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and t?oid.
the mortgagor herv6y further covenants and agrees to pay promptly when due the princtpn! and
inte?rst and other sums of money provided for in said note and this mortgage, or either: to pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nnttur on said pro-
. perty; to penntf, commit or suffer no wnsfe, impairment or deleriornfion of said land or the improvements
Iherecn at arty lime; to beep Ih. buildings now or hereafter on said land fully insured in a sum of not less
than highest insurable value.
in n company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
fo, satd mortgagee, and in the event any sum of money 6ecomea payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedne:a hereby secured, accounting
to the mortgagor for any surplus: to pry all costs. charges, and expenses, including lawyer's jeea and title
searches. reasonably tnctured or paid by the mortgagee because of the jnilure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and ibis mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants eel forth in said note and Ibis mortgage or either. In the event the mortgagor fails fo pay when
due any fax, assessment, insuronce premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of
f
ecling the option to foreclose
or any other right hereunder, and all such payments shall 6enr interest from date thereof at the highest law-
fttl mte then allowed by the Iaws- of the Stale of Florida.
any sum of money herein referred to be not promptly paid within ten days next offer
the same becomes due, or if each and every the 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 avid Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
fhereajter, at the option of the mortgages, become and 6e due and payable, anything in said note or herein
to the conlmry notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constflttfe a u?ait?er of any rights or options under said note or this mortgage accrued or
thereof ter accruing.
~n ~itntSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written. -
Sign ,scale a delivered in the presence of
THF.R R. ~GGE~
UTA B. L. WE
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STATE - OF FLORIDA ,
COUP3TY (7F
• I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Gunther R. Wegge and Uta B. L. Wegger his wife '
to me known to be the person $ described in and who ezecuted the foregoing instrument and Who acknowledged
fxfore me that they executed the same.
i
:WI7 i~iESS my hand and official seat in the County and State last aforesaid this day of ~
- A. D. 19 8 0 .
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