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HomeMy WebLinkAbout2026 Austract & ~~ue w~w ~ E~idet . 27. It is underetood aad agreed that SMA say at any tiae, without notice to any person, grant to the tiortgagor any iudulgence~ or forbearance, or any extension of time for the payaent of any indebtednes• •acured hereby, or allow any change or changes. aubatitution or substitution~ of any of the property described in this mortgage or any other collaterai ~+hich say be held by SMA vithout in aay manner affecting the liability of the Mortgsgor. any sadorsers of the indebted- . ness hereby secured or a~cry other person for the paysent of eaid indebtedness, ~ together vith intereat amd any other auna which maq be due and payable to SMA . and also without in any manner affecting or impairin:; the lien of this Zlortgage and it is also understood and agreed that SMA may at any time, vithout notice to aAy person, release any portion of the propertq described in th3s Mortgage or any other collateral, or any portion of any other collateral which may be held as security for the paynent of the indabtednes~ hereby secured, either with ox without any consideration for such release or releases, ~rithout in any manner affecting the liability of the tbrtgagor, all endorsers, if any, and all other persons who are or shall be liable for the payment of said indebtedness, and without affecting, disturbing or impairing in any manaer whatsoever the validity and priority of the lien of this Mortgage for the full amount of the indebtedness renaining unpaid, together with all interest and advances which shall become payable, upon the entire re~nainder of the mortgaged property which is unreleased, and without in any manner affecting or impairing to any extent ; whatsoever any and all other collateral security which may be held by S~p. It is distinctly understood and agreed by the Mortgagor and SMA that any release or releases may be made by SMA vithout the consent or approval of any other person or persons whomsoever. 28. In the event this Nortgage is a construction mortgage, each of the terms, ~ covenants and conditions of the construction loan agreeaent executed in connection ~rith the executiQn of this Mortgage are incorporated herein as if said construction loan agreenent were repeated herein in extenso. 29. Mortgagor covenants and agrees that he will deliver to the Mortgagee every five years hereafter an inspection certificate that the captioned premises is free from termites. 30. In [he event this is a mortgage on an apartment in a condaminium together with appurtenances thereto, the failure of the mortgagor to pay any assessments required to be paid purauant to the Declaration of Cotdominium or to otherwise comply with any of the terms, covenants ar conditiona of eaid Declaration of Condominium shall constitute a default under this mortgage and the mortgagee may, at its option, i.~ediately or thereafter declare the it?debtedness s~cured hereby due and payable. ; 31. This i~ a purchasa ~~oaa~ firat ~ort~age ex~cutad for tb• ~cpr~as pnrposs of f securiag a portion of tha puse6u• price of tha propart~ encrb~rsd l~r~by. ' IN WITNESS WHE OF said Mortgagor has caused this Plortgage to be properly executed and sea th day and yeaz first above written. Sign s er in the presence of: A , ~5~., ; 2r C~~ ~ (SFAI.) J H. Kirby (SEAL) , ( SF.AL) ~ 238692 ILEC ~NQ RECORDEO T.IUCIE COUNTY flA. ROCEF FOIfAAS CLERK CI~iCU1T COURT ' P.ECORO YE~cFiEO ~ st. Lucie ; STATE OF FLORIDA, COUNTY OF~: SS ~ Z6 2 42 P11 ~?2 = A 1 I, a Notary Public, certify that J. A. Kirby, III and Joan H. Kirby, his wife t to me geraqt~all~ known, this day acknaWledg~d before ~e that th~Y acecuted the fore- ,-•gn~ mbr~~,$iigi~; gnd i further certifp that I knov the said person(s) making said ~~aek'n~~k~d~pant w be the individual(s) de~scribed in and who e~ecuted the said mortgage. . . _ ~ "%f%;'~N WI?l~ESS ~iHEREOF, I hereunto set ~q hand and official eea2 aaoae unt . ~.~los~dA?lthis = Z~thdaq of _ Septeqnber , A. D. , 19 72 _ V~~, ~r., - t•• J ~ I V~ . ' ' , ' ~Mg~-Co~ami~afoii EirpiTea: Notary Public. State of Florids at Large ~ 6 NoMy PuDiic. Ste~e M Fbr1Q~ at tupi . ' C R J1hr Comm:ssron E+~~~e= Sept. 1, 19~ b0~~ ~~t) P :rt ~~d? > : ~ 3 ~ i~ ~ ~ _ ; , - ~