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HomeMy WebLinkAbout2002 abshact & TrNe Corp, of Florida 27. It ia understood and agreed that SMA say at any t3ae. Without notice to aay person, grant to the Mortgagor any it~dulgeacea or forbearance, or any extension of time for the paqaent of eny indebtedaesa •ecured hereby, or a11oW any change or changee, aubstitution or substitution~ of any of the property described in this mortgage or any other collateral vhich say be held by SMA vithout in any manner affecting the liabilitq of the MortQagor. any andorsers of the indebted- ness hereby secured or any other person for the paysent of said indebtedness, together with intereat and any other aums which maq be due and payab2e to SyA , ; and also vithaut in any maaner affecting or 3mpalrin; the liea of this Mortgage and it is also underatood and agreed Lhat SMA may at any time, without notice to any person, release any portion of the property described in this Mortgage or any other collateral, or any portion of any other collateral which may be held as security for the paynent of the indebtednese hereby secured, either f with or without any consideration for such release or releases, vithout in any ~ manner affecting the liability of the Nortgagor, all e~dorsers, 3f any, and a21 other persons who are or sha11 be lisble for the payment of said indebtedness, ~ and xithout affecting, disturbing or impairing in any manner whatsoever the validity and priority of the lien of this Mortgage for the full amount of the indebtedness ranaining unpaid, together with all interest and advances which shall become payable, upon the entire remainder of the mortgaged property which is unreleased, and without in any manner affecting or impairing to any extent whatsoever any a~ all other collateral security Which may be held by SiNA. It is distinctly understood and agreed by the Mortgagor and SMA that any release or releases may be made by SMA without the consent or approval of any other person or persons vhomsoever. , 28. In the event this 2~lortgage is a construction mortgage, each of the terms, covenants and conditions of the construction loan agreeaent executed in connection with the execution of this Mortgage are incorporated herein as if said construction loan agreesent Were repeated herein in extenso. 29. Hortgagor covenants and agrees that he will de2lver to the Mortgagee every five years hereafter an inspection certificate that the captioned premises is free ` from termites. ~ 30. In the event this is a mortgage on an apartment in a condominium together aith appurtenances thereto, the failure of the mortgagor to pay any assessments z required to be paid pursuant to the Declaration of Condominium or to otherwise i comply with any of the terms, covenants or conditions of said Declaration of Condominium shall constitute a default under thfs mortgage and the mortgagee may, at its option, itmaediateZy or thereafter declare the indebtedness sECUred hereby due ancl payab2e. 31. Tbis is a purchase son~~ first eortRa~ga esscuted for the acprus pnrposs of aecuring a portiati of the purchus price of tht prop~rt~ esc~sb~r~d h~r~b~. ~ IN WITNESS t,iHEREOF the said Mortgagor has caused this Mortgage to be properly executed and sea th he day and year first above ~rritten. Sig , e ive ed in the presence of: ; ; ~gEAl,~ ~ ~ ~ / ~ ~C e' tT~. !-`L Z t C~i j (SEAI.) ' iT. WCiE COt1MTY Fl~. - ROCEC PO~Tq~~ ~ (SEAL) CLEkK Ct,'iCUfT OOUIIT ~ RFGpRp YER+r1FD~~ ~5~~ s~r Z6 ~~3 PM'7t s z~s8o a s i St . LUC 1@ STATE OF FLORIDA, COUNTY OF ~XSS I, ~_~o .~Cq Pttblic, certifq tlut Robert Foote, a sinqle adult to me',persoit~~• kaovn~ this daq acknovledg~d before ~e thwt he executed the fore- goiq'B~~~o;tgag sqd Z further certify that I know the said person(s) msking said _.=a~kn~'wledgaea~tp" ~e the individual(a) da~cribed in aad who encecuted the said mortgage. ` .G"1 ~ - st ci . :;:~N WHEREOF, I hereunto set sy hand aad off icial seal at ntq, Fl ride,~ i$;.~Sth~daq of September ~ A.D. ~ 19 72 r. R ~ - • ~ ~ ~ u a L I ~ ~ = r~oakr ~en~, scne a ~ea st # , . . . : Dt. . Z3 ~ ~ ~r~Commiseion Expirea': ~ ~ 1 19 - " Alo arq blic, State of Florida ai Large j 6 BOCK ' . ~ R ~VU PAGE~99J : _ ~ _ _ - _ t,.~. _ _